Author

Topic: OLD FLY THREAD - page 109. (Read 163654 times)

legendary
Activity: 1330
Merit: 1000
Blockchain Developer
September 29, 2015, 10:50:10 AM
Hey Presstab did we leave superblocks in the last build? I dont think anyone has hit one, but then the chances are low and its early.

Vegas

The superblocks are still in the code. It is extremely unlikely that one will get hit at this point. It needs to be a block of at least 25000 coins, and then on top of that there is supposed to be something like a 5% chance of getting the bonus. So it would take many tries.
legendary
Activity: 1218
Merit: 1002
Supporting DMD, ERC & PIO
September 29, 2015, 10:44:44 AM
For the next 3 months, I have decided to lock my wallet 3 days every week
 to share the stakes as much as possible. I have hundreds of blocks that are
ready to stake but, I have been the small holder in other coins and got very
few stakes. (Recently sold off several coins for that reason - I want you to
stay in fly).

If you see my walllet open Mon. through Wed., it's probably because I'm old
and forgetful. If I forget, remind me and it will be closed.

Happy staking!
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
September 29, 2015, 10:28:21 AM
Some more important facts:

1. Coin was launched only 21 days ago, and its in the top 5 highest priced coins on Yobit , even if you include BTC and LTC
2. The Swap happened only 14 days ago and market cap is very stable.
3. Less than 1 BTC to take it well over 300,000k
4. Once POW ends price will begin to rise as the top holders are all in alliance not to dump or even sell their base amount, sales from the top holders MUST only come from POS rewards and top holders will slowly trickle their pos rewards to Yobit and sell them off. The exception is myself. My goal is to bring the Richlist into balance, by selling off enough much of my supply to bring the richlist into balance. I bought most of the coins, not for the purpose of greed, but as a safe holding place so they would not fall in the wrong hands and get dumped by people that just dont care. I dont want most of the coins and my goal is to see more of an even spread on the Richlist.
5. Wallet was completed and polished and updated and maintained by Presstab.

Vegas
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
September 29, 2015, 09:46:43 AM
So, Im looking at Yobit, there are less than 700 Fly coins total remaining. I think this number will become less and less and price will become higher as pow draws near to a close. This is what is meant to happen. It was what was planned. It is what makes FLY unique. When Pow is over, then the supply will become very very scarce. I just wanted to point this out while its still possible to get FLY at a decent price. I dont want anyone upset, and I want to be open and honest about what will happen in the very near future. Its nothing I will do on my end, its just what was planned, and its still not too late to buy FLY just under 200k sats. For those of you on the sidelines still waiting for it to get cheaper, when pow ends, the supply will dry up, and people will begin to buy the small bits left on Yobit driving the price up. My private sales are based on the sell side and then discounted 10%-20% depending on how much you buy. Ive lowered the min to 1 BTC , so most people can get in. Just wanted to caution everyone , that the price in a month from now will be ridiculous and most people wont be able to get in and wish they had. Its the law of supply and demand, and it works everytime.

Vegas
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
September 29, 2015, 09:34:20 AM
So top 3 holders have our wallets locked, to allow smaller holders to get POS coins. Teamwork & Respect for others at its finest Smiley

Vegas

legendary
Activity: 1218
Merit: 1002
Supporting DMD, ERC & PIO
September 29, 2015, 05:14:09 AM
The next 3 days we should see smaller coin blocks hitting
while the larger coin blocks are still waiting the 7 days to be
eligible again.

As one of the larger holders, I will follow Vegas' example and
lock my wallet to allow other to stake the next 3 days.
legendary
Activity: 1162
Merit: 1000
Decentralizing Jesus on the Blockchain
September 28, 2015, 10:45:10 PM
guys my smaller size blocks are not getting mature its more than 7 days age of them as per wallet, any suggestion?

Two factors here:
1) Weight is equal to age minus minimum stake age. Then multiply this by the size of the coin block.
2) Weight is an integer. So if you have a block of 0.5, it will have 0 weight until 9 days.

i was wondering too that why some little ones are not entering in maturity age Cheesy
thanks presstab for giving this formula and other to clarifying and provide their info
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
September 28, 2015, 10:09:33 PM
Hey Presstab did we leave superblocks in the last build? I dont think anyone has hit one, but then the chances are low and its early.

Vegas
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
September 28, 2015, 09:51:57 PM
guys my smaller size blocks are not getting mature its more than 7 days age of them as per wallet, any suggestion?

Two factors here:
1) Weight is equal to age minus minimum stake age. Then multiply this by the size of the coin block.
2) Weight is an integer. So if you have a block of 0.5, it will have 0 weight until 9 days.
legendary
Activity: 1218
Merit: 1002
Supporting DMD, ERC & PIO
September 28, 2015, 08:54:20 PM
I have hit a coin block of  8 , a couple 10's & 20's but mostly 40 and
higher are hitting much quicker as weight builds faster after minimum
7 days. Basically a block of 40 gains weight 8x faster than block of 5
legendary
Activity: 1894
Merit: 1001
September 28, 2015, 08:00:27 PM
guys my smaller size blocks are not getting mature its more than 7 days age of them as per wallet, any suggestion?

Quote from:  OP
Min Stake age: 7 days, Max stake age 28 days
smaller blks will need more time to accumulate significant weight
hero member
Activity: 508
Merit: 500
TekyBoy Crypto Services
September 28, 2015, 07:35:15 PM
guys my smaller size blocks are not getting mature its more than 7 days age of them as per wallet, any suggestion?
legendary
Activity: 1218
Merit: 1002
Supporting DMD, ERC & PIO
September 28, 2015, 05:37:54 PM
...and math is my strong skill - lol
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
September 28, 2015, 09:28:28 AM
and POW finishing u soon - about 2500 blocks left!


Err correction Woody, pow goes until block 21600. So I think you mean 7500 more blocks.

Vegas
legendary
Activity: 1218
Merit: 1002
Supporting DMD, ERC & PIO
September 28, 2015, 09:05:42 AM
and POW finishing u soon - about 2500 blocks left!
legendary
Activity: 1218
Merit: 1002
Supporting DMD, ERC & PIO
September 28, 2015, 09:02:09 AM
Only 1 btc of sells to 300,000 sat!
 Smiley
legendary
Activity: 2100
Merit: 1012
Europecoin Financecloud API
September 28, 2015, 06:18:51 AM
Just checking in..letting you guys know all is well, and Im constantly checking and making sure everything is running as it should.

Vegas

nice work, its great to be updated from time to time

thanks
Matthias

.
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
September 27, 2015, 11:43:32 PM
Just checking in..letting you guys know all is well, and Im constantly checking and making sure everything is running as it should.

Vegas
legendary
Activity: 1106
Merit: 1004
No risk, no fun!
September 26, 2015, 07:33:27 PM
Agreed. Im not worried at all. I was VERY careful during the swap to make everything transparent , and I took my time. Today Ive recalculated and those that did the swap their investment is now 8X the price Wink

Results.

Vegas

legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
September 26, 2015, 07:29:11 PM
Agreed. Im not worried at all. I was VERY careful during the swap to make everything transparent , and I took my time. Today Ive recalculated and those that did the swap their investment is now 8X the price Wink

Results.

Vegas
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