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Topic: LUXCoin—New PHI2 PoW/PoS Hybrid—SC—SegWit—PrivateSend—PoS Web Wallet—LuxGate - page 140. (Read 130231 times)

full member
Activity: 462
Merit: 118
I cannot believe it, very high passive income
https://masternodes.online/currencies/LUX/

Considering the price of masternodes i think the reward is ok :p would love to have one but way out of my budget range hehe.
But glad for thoose who got in early and could get the needed coins for a affordable price Smiley
sr. member
Activity: 1344
Merit: 252
No, 300k will be burnt not from circulation supply but from rest 3m of total supply https://coinmarketcap.com/currencies/luxcoin/, which mean from premine.

OK,

to 900000 you will add 300000 now imagine how exchange rate will drop  Grin

i think 15th rate will be about ~0.00150 or even lower depends on market panic at this coin
You really should learn what coin burning mean https://bitcointalksearch.org/topic/what-is-coin-burning-2450157

Yes, its known freezing bug that will be resolved in upcoming wallet.
I think, I found a solution to reduce freezes particaly.
interface option->minimal->submit

There is no selected item in this case by default. Works better after manual choise, but some freezes happening time by time.
Interesting... Thanks for feedback  Wink
newbie
Activity: 12
Merit: 0
Everything is cool! Like your company! Good luck!
newbie
Activity: 19
Merit: 0
I cannot believe it, very high passive income
https://masternodes.online/currencies/LUX/
There is an opinion that the coin was created with the aim of selling the masternodes to the lucky ones.  Grin
You also know how to sell an asics  Grin
newbie
Activity: 2
Merit: 0
Why does ccminer-phi crash everytime it asks for my pool stats?
newbie
Activity: 6
Merit: 0
Very interesting to your project add more information in website good job devs
jr. member
Activity: 98
Merit: 5
I have kept it since december, nothing changed. that's what i'm worry about, i'm loosing coins or do something wong
Have you tried what is mentioned here (in this thread)?
https://bitcointalksearch.org/topic/m.28722518
newbie
Activity: 67
Merit: 0
can you please work on your wallet? it's terrible if you even look at it it'll crash.

We are aware of the lags (caused by multiple inputs / txes) and a new wallet will be released soon. It will solve the issue, thanks for being patient.

And I wouldn't recommend to move files from default wallet directory %appdata%/lux.
Angry
ssd size is not so much
changing store folder posibility are very needful!
Can anyone tell this point for crypto-wallet programmers?!

Create a shortcut for the wallet and start it with -datadir argument.
New wallet will be great if this one fixed current issues.
member
Activity: 105
Merit: 12
No, 300k will be burnt not from circulation supply but from rest 3m of total supply https://coinmarketcap.com/currencies/luxcoin/, which mean from premine.

OK,

to 900000 you will add 300000 now imagine how exchange rate will drop  Grin

i think 15th rate will be about ~0.00150 or even lower depends on market panic at this coin

I think "burn" means reducing supply - i.e. the "out of circulation" supply will be reduced from 3 mln coins to (3 mln * 90%) 2,7 mln. It should have a slight positive impact on the exchange rate.

Is it correct?

I think so , is a deflaction, less coins but the same market cap ( in the average) so the price will tend to rise.
newbie
Activity: 2
Merit: 0
No, 300k will be burnt not from circulation supply but from rest 3m of total supply https://coinmarketcap.com/currencies/luxcoin/, which mean from premine.

OK,

to 900000 you will add 300000 now imagine how exchange rate will drop  Grin

i think 15th rate will be about ~0.00150 or even lower depends on market panic at this coin

I think "burn" means reducing supply - i.e. the "out of circulation" supply will be reduced from 3 mln coins to (3 mln * 90%) 2,7 mln. It should have a slight positive impact on the exchange rate.

Is it correct?
copper member
Activity: 970
Merit: 287
Per aspera ad astra
can you please work on your wallet? it's terrible if you even look at it it'll crash.

We are aware of the lags (caused by multiple inputs / txes) and a new wallet will be released soon. It will solve the issue, thanks for being patient.

And I wouldn't recommend to move files from default wallet directory %appdata%/lux.
Angry
ssd size is not so much
changing store folder posibility are very needful!
Can anyone tell this point for crypto-wallet programmers?!

Create a shortcut for the wallet and start it with -datadir argument.
newbie
Activity: 25
Merit: 0
Yes, its known freezing bug that will be resolved in upcoming wallet.
I think, I found a solution to reduce freezes particaly.
interface option->minimal->submit

There is no selected item in this case by default. Works better after manual choise, but some freezes happening time by time.
newbie
Activity: 25
Merit: 0
And I wouldn't recommend to move files from default wallet directory %appdata%/lux.
Angry
ssd size is not so much
changing store folder posibility are very needful!
Can anyone tell this point for crypto-wallet programmers?!
copper member
Activity: 970
Merit: 287
Per aspera ad astra
Thanks for your enlightening posts, now I finally understand what a coin burn means.
newbie
Activity: 104
Merit: 0
No, 300k will be burnt not from circulation supply but from rest 3m of total supply https://coinmarketcap.com/currencies/luxcoin/, which mean from premine.

OK,

to 900000 you will add 300000 now imagine how exchange rate will drop  Grin

i think 15th rate will be about ~0.00150 or even lower depends on market panic at this coin
newbie
Activity: 4
Merit: 0
I have kept it since december, nothing changed. that's what i'm worry about, i'm loosing coins or do something wong
newbie
Activity: 23
Merit: 0
Can anyone help to understand how to get PoS reward. I keep all the coin in my wallet and see it as available all the time, but Stake is 0 all the time. Maybe i have to do something special for stake my coin and get PoS reward. Or the reason in amount of coin, i have too feew
After 36 hours there will be a result Roll Eyes
newbie
Activity: 4
Merit: 0
Can anyone help to understand how to get PoS reward. I keep all the coin in my wallet and see it as available all the time, but Stake is 0 all the time. Maybe i have to do something special for stake my coin and get PoS reward. Or the reason in amount of coin, i have too feew
newbie
Activity: 24
Merit: 0
Like LUXCoin Project: new algo for mining (without NiceHash), profitable POS, good roadmap...
Waiting for new wallet.
sr. member
Activity: 1344
Merit: 252
As @Anorganix mentioned 5% Lux were premined and stocked in team addresses. 10% of premine planned to burn https://luxcore.io/roadmap. More details of premine purposes and upcoming burning can be found here https://cdn.discordapp.com/attachments/364671360515047427/396716699468169217/Announcement.pdf
Max supply will be reached at about 10 years (15120 lux per day produced)

10% is 300000 lux
circulating ~900000
now emagine the excange rate when 15th 300000 (10%) will burn

LOL
No, 300k will be burnt not from circulation supply but from rest 3m of total supply https://coinmarketcap.com/currencies/luxcoin/, which mean from premine.
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