DEAD - page 22. | Bitcointalksearch.org

kelsey

legendary

Activity: 1876

Merit: 1000

Quote from: evansearle42 on March 25, 2015, 08:33:46 AM

Quote from: kelsey on March 25, 2015, 08:30:46 AM

Quote from: evansearle42 on March 25, 2015, 08:11:41 AM

There were too many people(and some services) yesterday that was not updated. So chain of blocks belonged to old client become longer and had more chaintrust, than a newer one.
To prevent potential losses we decided to move back to old wallet for awhile.
Now we compiled new wallet and we will send alert which will forbid work of services and exchanges.
Regardless, that old wallet will accept new blocks(but new wallets wouldn't accept blocks generated by old wallets), it is strongly suggested to update your wallets. Otherwise you can loose your money, froze transactions and so on.

think i'll continue to stick to the old (like most) client and collect the 3650%

proves the loudest mouths on this forum aren't necessarily the spokes people of the majority.

Ofcourse you can update your wallet now, it will staking with 3650% interest annually until 44100 block and then it will be automatically smoothly switched to new 10% PoS-interest.

or we can just stay on the old fork and get the pos at 3650% indefinitely Wink

Taiga

sr. member

Activity: 278

Merit: 250

Can't download from https://mega.co.nz/#

evansearle42

sr. member

Activity: 366

Merit: 250

Quote from: kelsey on March 25, 2015, 08:30:46 AM

Quote from: evansearle42 on March 25, 2015, 08:11:41 AM

There were too many people(and some services) yesterday that was not updated. So chain of blocks belonged to old client become longer and had more chaintrust, than a newer one.
To prevent potential losses we decided to move back to old wallet for awhile.
Now we compiled new wallet and we will send alert which will forbid work of services and exchanges.
Regardless, that old wallet will accept new blocks(but new wallets wouldn't accept blocks generated by old wallets), it is strongly suggested to update your wallets. Otherwise you can loose your money, froze transactions and so on.

think i'll continue to stick to the old (like most) client and collect the 3650%

proves the loudest mouths on this forum aren't necessarily the spokes people of the majority.

Ofcourse you can update your wallet now, it will staking with 3650% interest annually until 44100 block and then it will be automatically smoothly switched to new 10% PoS-interest.

kelsey

legendary

Activity: 1876

Merit: 1000

Quote from: evansearle42 on March 25, 2015, 08:11:41 AM

There were too many people(and some services) yesterday that was not updated. So chain of blocks belonged to old client become longer and had more chaintrust, than a newer one.
To prevent potential losses we decided to move back to old wallet for awhile.
Now we compiled new wallet and we will send alert which will forbid work of services and exchanges.
Regardless, that old wallet will accept new blocks(but new wallets wouldn't accept blocks generated by old wallets), it is strongly suggested to update your wallets. Otherwise you can loose your money, froze transactions and so on.

think i'll continue to stick to the old (like most) client and collect the 3650%

proves the loudest mouths on this forum aren't necessarily the spokes people of the majority.

shimlbit

legendary

Activity: 1302

Merit: 1001

Quote from: Taiga on March 25, 2015, 08:28:39 AM

Quote from: evansearle42 on March 25, 2015, 08:27:41 AM

Old wallets will stop to work at 44100, it will be at 5AM EST 26/03/2015 (or 10AM GMT 26/03/2015).
Please update wallets BEFORE that time. Ofcourse you can update your wallet now and tomorrow it will be smoothly switched to new PoS-interest.
You can find new wallet in OP(opening post)

To update wallet:
1) backup your wallet.dat
2) shutdown Intellect-qt.exe
3) substitute old Intellect-qt.exe with newer one
4) In case of any troubles remove all files except wallet.dat and run Intellect-qt.exe again.

Where can I download a new wallet?

You can find new wallet in OP(opening post)

crackfoo

legendary

Activity: 3486

Merit: 1126

Taking offers to add more payout coins to www.xpool.ca

Contact details in my sig.

Cheers!

evansearle42

sr. member

Activity: 366

Merit: 250

Quote from: Taiga on March 25, 2015, 08:28:39 AM

Quote from: evansearle42 on March 25, 2015, 08:27:41 AM

Old wallets will stop to work at 44100, it will be at 5AM EST 26/03/2015 (or 10AM GMT 26/03/2015).
Please update wallets BEFORE that time. Ofcourse you can update your wallet now and tomorrow it will be smoothly switched to new PoS-interest.
You can find new wallet in OP(opening post)

To update wallet:
1) backup your wallet.dat
2) shutdown Intellect-qt.exe
3) substitute old Intellect-qt.exe with newer one
4) In case of any troubles remove all files except wallet.dat and run Intellect-qt.exe again.

Where can I download a new wallet?

You can find new wallet in OP(opening post)

Taiga

sr. member

Activity: 278

Merit: 250

Quote from: evansearle42 on March 25, 2015, 08:27:41 AM

Old wallets will stop to work at 44100, it will be at 5AM EST 26/03/2015 (or 10AM GMT 26/03/2015).
Please update wallets BEFORE that time. Ofcourse you can update your wallet now and tomorrow it will be smoothly switched to new PoS-interest.
You can find new wallet in OP(opening post)

To update wallet:
1) backup your wallet.dat
2) shutdown Intellect-qt.exe
3) substitute old Intellect-qt.exe with newer one
4) In case of any troubles remove all files except wallet.dat and run Intellect-qt.exe again.

Where can I download a new wallet?

evansearle42

sr. member

Activity: 366

Merit: 250

Old wallets will stop to work at 44100, it will be at 5AM EST 26/03/2015 (or 10AM GMT 26/03/2015).
Please update wallets BEFORE that time. Ofcourse you can update your wallet now and tomorrow it will be smoothly switched to new PoS-interest.
You can find new wallet in OP(opening post)

To update wallet:
1) backup your wallet.dat
2) shutdown Intellect-qt.exe
3) substitute old Intellect-qt.exe with newer one
4) In case of any troubles remove all files except wallet.dat and run Intellect-qt.exe again.

shimlbit

legendary

Activity: 1302

Merit: 1001

that means we have to update now to 1.0.1.2??

evansearle42

sr. member

Activity: 366

Merit: 250

There were too many people(and some services) yesterday that was not updated. So chain of blocks belonged to old client become longer and had more chaintrust, than a newer one.
To prevent potential losses we decided to move back to old wallet for awhile.
Now we compiled new wallet and we will send alert which will forbid work of services and exchanges.
Regardless, that old wallet will accept new blocks(but new wallets wouldn't accept blocks generated by old wallets), it is strongly suggested to update your wallets. Otherwise you can loose your money, froze transactions and so on.

achow101

staff

Activity: 3458

Merit: 6793

Just writing some code

Hellow Dev any update?

cryptoatc

member

Activity: 113

Merit: 10

Can anyone tell me the last wallet version?

I think it does not make sense to keep the 3650% forever... oversupply means low price...

Development must search for other paths than high interest.

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

Quote from: kelsey on March 25, 2015, 04:23:35 AM

Quote from: itod on March 25, 2015, 04:08:37 AM

Quote from: achow101 on March 24, 2015, 05:55:34 PM

Is this means today Intellect is still staking with 10% per day?
It's would be great but the price of Intellect still going down Cry

Where could the price of any currency that increases total number of coins in circulation by 10% every day go but down? How can it possibly go up except you find 10% more people every day to invest in that currency? Inflation that big is a formula for disaster.

why would you need to find 10% more people? also you seem to assume everyone sells as they stake, when compounding interest of 3650 % is a huge incentive not to sell.

you should always think of these things in terms of total marketcap price rather then individual price. if your total marketcap goes up in price then all holders wealth is increasing, all that you have to do is prevent the price fallening at a greater rate then the stake %....and thats not hard to do....again mmxiv is a good example of the potential of it to work.

well i know dare well 3650% makes this coin worth the gamble.....10% pa just makes it another waste of space.

come on, be a bit realistic (I am not asking much, right?). Look at the chart of ILT since the start of the high interest phase, if I am correct it was about March 9th, and re-read your post. It doesn't make the slightest sense what you wrote, just to say the least. Everybody was throwing all but the kitchen sink as soon as they got new coins. Look what happened to the price when Bittrex wallet re-opened yesterday (despite having the high interest rate kept atm). Huge incentive, hahaha, huge incentive to sell. That is what it is.

itod

legendary

Activity: 1974

Merit: 1077

^ Will code for Bitcoins

Quote from: kelsey on March 25, 2015, 04:23:35 AM

Quote from: itod on March 25, 2015, 04:08:37 AM

Quote from: achow101 on March 24, 2015, 05:55:34 PM

Is this means today Intellect is still staking with 10% per day?
It's would be great but the price of Intellect still going down Cry

Where could the price of any currency that increases total number of coins in circulation by 10% every day go but down? How can it possibly go up except you find 10% more people every day to invest in that currency? Inflation that big is a formula for disaster.

why would you need to find 10% more people? also you seem to assume everyone sells as they stake, when compounding interest of 3650 % is a huge incentive not to sell.

How come getting 3650% more coins is incentive not to sell? If you have more, there's a natural tendency to spend. Maybe not all people will spend/sell, but most will. Remember - you are not getting 3650% more coins regarding the rest of the coin holders, you get 0% more compared to them because they also get 3650% inflation, and you all together get new coins. If you don't find someone to buy these new coins price can go only in one direction, guess which one.

kelsey

legendary

Activity: 1876

Merit: 1000

Quote from: itod on March 25, 2015, 04:08:37 AM

Quote from: achow101 on March 24, 2015, 05:55:34 PM

Is this means today Intellect is still staking with 10% per day?
It's would be great but the price of Intellect still going down Cry

Where could the price of any currency that increases total number of coins in circulation by 10% every day go but down? How can it possibly go up except you find 10% more people every day to invest in that currency? Inflation that big is a formula for disaster.

why would you need to find 10% more people? also you seem to assume everyone sells as they stake, when compounding interest of 3650 % is a huge incentive not to sell.

you should always think of these things in terms of total marketcap price rather then individual price. if your total marketcap goes up in price then all holders wealth is increasing, all that you have to do is prevent the price fallening at a greater rate then the stake %....and thats not hard to do....again mmxiv is a good example of the potential of it to work.

well i know dare well 3650% makes this coin worth the gamble.....10% pa just makes it another waste of space.

itod

legendary

Activity: 1974

Merit: 1077

^ Will code for Bitcoins

Quote from: achow101 on March 24, 2015, 05:55:34 PM

Is this means today Intellect is still staking with 10% per day?
It's would be great but the price of Intellect still going down Cry

Where could the price of any currency that increases total number of coins in circulation by 10% every day go but down? How can it possibly go up except you find 10% more people every day to invest in that currency? Inflation that big is a formula for disaster.

achow101

staff

Activity: 3458

Merit: 6793

Just writing some code

Quote from: Kruemmelmonster on March 24, 2015, 06:04:30 PM

i don't suggest to expand it, don't break your promises. Wink

Yeah I agree with this comment do not skip your promise.

Sumo

hero member

Activity: 1098

Merit: 500

voice activated wallets. send grandma 10 coins. boom done. instead of cumbersome process that is now

or at least contact address on mobile. you enter the address under each person. like contact list on your phone but for sending coins.

smartwatch wallet. there is a btc smartwatch wallet that is open source.

some kind of fingerprint or face scan tech for wallet accesss.

Those are all doable. Standard generic coin is not good. Has to have something.

Dirgantara

hero member

Activity: 588

Merit: 500

Quote from: Sumo on March 24, 2015, 10:18:58 PM

everycoin on the market has something to offer. a new wallet is what? so its just a coin with nothing to offer that thousands of coins out there have? my gut tells me there will be something,, but if not then this will be craig coin of 2015.

Every development takes time, a little patient should be fine. I don't believe there is someone wasted money, energy and time to build something for nothing.

Topic: DEAD - page 22. (Read 79213 times)