noob
Topic: [ORLY] Orlycoin | X15 | it's PoS now - page 19. (Read 50291 times)
My 20-25M estimate was a bit low, new calculations show 28-32M but that's still low compared to the initial 74M Orlycoins.
noob
noob
Blockreward has gone up again and is now 512 Orly per block.
https://orly.suprnova.cc/index.php?page=statistics&action=blocks
I made a stupid mistake in my calculations in the OP. While calculating the amount of coins during the PoW phase I forgot to take into account that a lot of blocks are found by PoS mining.
As a result, PoW mining phase will be a lot shorter than predicted (already changed it in the OP).
We will not see 74M coins in PoW phase; we probably will have around 20-25M Orlycoins at the end of this phase.
Is it bad news? No it's not! Less coins = higher value per coin.
https://orly.suprnova.cc/index.php?page=statistics&action=blocks
I made a stupid mistake in my calculations in the OP. While calculating the amount of coins during the PoW phase I forgot to take into account that a lot of blocks are found by PoS mining.
As a result, PoW mining phase will be a lot shorter than predicted (already changed it in the OP).
We will not see 74M coins in PoW phase; we probably will have around 20-25M Orlycoins at the end of this phase.
Is it bad news? No it's not! Less coins = higher value per coin.
noob
but good news for me, i bought a few more at alcurex @ 7 satoshi
You were lucky getting them that cheap then. Someone just bought the sell orders up to 10 satoshi
.I know we're not anywhere near the moon yet, but at least Orly went up 50% today and shows some solid buy orders at that level.
I made a stupid mistake in my calculations in the OP. While calculating the amount of coins during the PoW phase I forgot to take into account that a lot of blocks are found by PoS mining.
As a result, PoW mining phase will be a lot shorter than predicted (already changed it in the OP).
We will not see 74M coins in PoW phase; we probably will have around 20-25M Orlycoins at the end of this phase.
Is it bad news? No it's not! Less coins = higher value per coin.
He! I knew it...As a result, PoW mining phase will be a lot shorter than predicted (already changed it in the OP).
We will not see 74M coins in PoW phase; we probably will have around 20-25M Orlycoins at the end of this phase.
Is it bad news? No it's not! Less coins = higher value per coin.
I had too much PoS blocks
the rate of pos blocks is as it should - but for every pos block mined, we won't see a pow block
I made a stupid mistake in my calculations in the OP. While calculating the amount of coins during the PoW phase I forgot to take into account that a lot of blocks are found by PoS mining.
As a result, PoW mining phase will be a lot shorter than predicted (already changed it in the OP).
We will not see 74M coins in PoW phase; we probably will have around 20-25M Orlycoins at the end of this phase.
Is it bad news? No it's not! Less coins = higher value per coin.
He! I knew it...As a result, PoW mining phase will be a lot shorter than predicted (already changed it in the OP).
We will not see 74M coins in PoW phase; we probably will have around 20-25M Orlycoins at the end of this phase.
Is it bad news? No it's not! Less coins = higher value per coin.
I had too much PoS blocks
Blockreward has gone up again and is now 512 Orly per block.
https://orly.suprnova.cc/index.php?page=statistics&action=blocks
I made a stupid mistake in my calculations in the OP. While calculating the amount of coins during the PoW phase I forgot to take into account that a lot of blocks are found by PoS mining.
As a result, PoW mining phase will be a lot shorter than predicted (already changed it in the OP).
We will not see 74M coins in PoW phase; we probably will have around 20-25M Orlycoins at the end of this phase.
Is it bad news? No it's not! Less coins = higher value per coin.
https://orly.suprnova.cc/index.php?page=statistics&action=blocks
I made a stupid mistake in my calculations in the OP. While calculating the amount of coins during the PoW phase I forgot to take into account that a lot of blocks are found by PoS mining.
As a result, PoW mining phase will be a lot shorter than predicted (already changed it in the OP).
We will not see 74M coins in PoW phase; we probably will have around 20-25M Orlycoins at the end of this phase.
Is it bad news? No it's not! Less coins = higher value per coin.
noob
but good news for me, i bought a few more at alcurex @ 7 satoshi
You were lucky getting them that cheap then. Someone just bought the sell orders up to 10 satoshi
. Blockreward has gone up again and is now 512 Orly per block.
https://orly.suprnova.cc/index.php?page=statistics&action=blocks
I made a stupid mistake in my calculations in the OP. While calculating the amount of coins during the PoW phase I forgot to take into account that a lot of blocks are found by PoS mining.
As a result, PoW mining phase will be a lot shorter than predicted (already changed it in the OP).
We will not see 74M coins in PoW phase; we probably will have around 20-25M Orlycoins at the end of this phase.
Is it bad news? No it's not! Less coins = higher value per coin.
https://orly.suprnova.cc/index.php?page=statistics&action=blocks
I made a stupid mistake in my calculations in the OP. While calculating the amount of coins during the PoW phase I forgot to take into account that a lot of blocks are found by PoS mining.
As a result, PoW mining phase will be a lot shorter than predicted (already changed it in the OP).
We will not see 74M coins in PoW phase; we probably will have around 20-25M Orlycoins at the end of this phase.
Is it bad news? No it's not! Less coins = higher value per coin.
noob
but good news for me, i bought a few more at alcurex @ 7 satoshi
not heard anything from yobit, no response to tickets
Blockreward has gone up again and is now 512 Orly per block.
https://orly.suprnova.cc/index.php?page=statistics&action=blocks
I made a stupid mistake in my calculations in the OP. While calculating the amount of coins during the PoW phase I forgot to take into account that a lot of blocks are found by PoS mining.
As a result, PoW mining phase will be a lot shorter than predicted (already changed it in the OP).
We will not see 74M coins in PoW phase; we probably will have around 20-25M Orlycoins at the end of this phase.
Is it bad news? No it's not! Less coins = higher value per coin.
https://orly.suprnova.cc/index.php?page=statistics&action=blocks
I made a stupid mistake in my calculations in the OP. While calculating the amount of coins during the PoW phase I forgot to take into account that a lot of blocks are found by PoS mining.
As a result, PoW mining phase will be a lot shorter than predicted (already changed it in the OP).
We will not see 74M coins in PoW phase; we probably will have around 20-25M Orlycoins at the end of this phase.
Is it bad news? No it's not! Less coins = higher value per coin.
I don't think getting Orly on an exchange like Alcurex will do good for the coin, no action(exchange is almost empty), no one to buy even at a price covering power fees to mine. As the coin has no interest right now(it doesn't offer anything new and can't be used anywhere) it may be a dead on arrival coin because of these poor and rushed choices.
I'm stopping my mining right now, hoping my bag holding a few millions will get some value someday or some interesting use...
I'm stopping my mining right now, hoping my bag holding a few millions will get some value someday or some interesting use...
ya man that supply tho, too much for the nothing demand
for me the 1200 coin stakes in the block explorer killed it finally
totally a personal profit coin it feels like, the market cant absorb the coins now and 1200 coin stakes all day is just feeding one wallet ;\
https://www.blockexperts.com/orly/address/oHGcuxUtrafX9VqUrum92oeEkR5Ljfqo8Y
how can this market keep up to this?!!?
1200 coins staked every 3 mins? ;\
thats just one address....
nah its DOA for sure sadly
were all SOL ;( lucky to get power costs even...
So I was confused too at first. But then I realized the 1200 coins isn't the amount of coins he recieves, it's only like 1.05 or 1.36 evertime, not 1000 something, must be a visual bug or something.
that's how block-explorers work, it's pos mining - coins get reserved for staking is the transaction of 1200 coins and the 1.05 is the reward
I don't think getting Orly on an exchange like Alcurex will do good for the coin, no action(exchange is almost empty), no one to buy even at a price covering power fees to mine. As the coin has no interest right now(it doesn't offer anything new and can't be used anywhere) it may be a dead on arrival coin because of these poor and rushed choices.
I'm stopping my mining right now, hoping my bag holding a few millions will get some value someday or some interesting use...
I'm stopping my mining right now, hoping my bag holding a few millions will get some value someday or some interesting use...
ya man that supply tho, too much for the nothing demand
for me the 1200 coin stakes in the block explorer killed it finally
totally a personal profit coin it feels like, the market cant absorb the coins now and 1200 coin stakes all day is just feeding one wallet ;\
https://www.blockexperts.com/orly/address/oHGcuxUtrafX9VqUrum92oeEkR5Ljfqo8Y
how can this market keep up to this?!!?
1200 coins staked every 3 mins? ;\
thats just one address....
nah its DOA for sure sadly
were all SOL ;( lucky to get power costs even...
So I was confused too at first. But then I realized the 1200 coins isn't the amount of coins he recieves, it's only like 1.05 or 1.36 evertime, not 1000 something, must be a visual bug or something.
I don't think getting Orly on an exchange like Alcurex will do good for the coin, no action(exchange is almost empty), no one to buy even at a price covering power fees to mine. As the coin has no interest right now(it doesn't offer anything new and can't be used anywhere) it may be a dead on arrival coin because of these poor and rushed choices.
I'm stopping my mining right now, hoping my bag holding a few millions will get some value someday or some interesting use...
I'm stopping my mining right now, hoping my bag holding a few millions will get some value someday or some interesting use...
For now AlcurEX is the exchange hosting Orlycoin.
You can buy, sell or hold (and stake).
I can't and won't make any promises for the future, so be your own judge.
I'm not giving up on this yet... I'm building a faucet right now but I can't connect to my RPC server and I have a weird issue (It's my first time though, I might be missing something). Everything has been setup on the server side(firewall rules added and port forwarding on router), When I look into netstats, I see that Orlycoin is using the 23452 port by default, I then changed my conf file to use the 23454 port, now when I launch Orly with the -server option, I see it uses both ports 23452 (connections are being made there) and 23454 (simply listening).
Here's my conf file:
server=1
daemon=1
listen=1
maxconnections=1024
rpcuser=mychosenusername
rpcpassword=mychosenpassword
rpcport=23454
rpcallowip=mywebsiteIP
addnode=85.214.137.118
addnode=62.163.9.155
addnode=158.69.159.45
I still can't contact the RPC server successfully from my webpage.
As soon as I've a better understanding of all this I might be able to create an android game with Orlycoin rewards.
yobit 
no matter how many support tickets, no response
no matter how many support tickets, no response I don't think getting Orly on an exchange like Alcurex will do good for the coin, no action(exchange is almost empty), no one to buy even at a price covering power fees to mine. As the coin has no interest right now(it doesn't offer anything new and can't be used anywhere) it may be a dead on arrival coin because of these poor and rushed choices.
I'm stopping my mining right now, hoping my bag holding a few millions will get some value someday or some interesting use...
I'm stopping my mining right now, hoping my bag holding a few millions will get some value someday or some interesting use...
For now AlcurEX is the exchange hosting Orlycoin.
You can buy, sell or hold (and stake).
I can't and won't make any promises for the future, so be your own judge.
I don't think getting Orly on an exchange like Alcurex will do good for the coin, no action(exchange is almost empty), no one to buy even at a price covering power fees to mine. As the coin has no interest right now(it doesn't offer anything new and can't be used anywhere) it may be a dead on arrival coin because of these poor and rushed choices.
I'm stopping my mining right now, hoping my bag holding a few millions will get some value someday or some interesting use...
I'm stopping my mining right now, hoping my bag holding a few millions will get some value someday or some interesting use...
ya man that supply tho, too much for the nothing demand
for me the 1200 coin stakes in the block explorer killed it finally
totally a personal profit coin it feels like, the market cant absorb the coins now and 1200 coin stakes all day is just feeding one wallet ;\
https://www.blockexperts.com/orly/address/oHGcuxUtrafX9VqUrum92oeEkR5Ljfqo8Y
how can this market keep up to this?!!?
1200 coins staked every 3 mins? ;\
thats just one address....
nah its DOA for sure sadly
were all SOL ;( lucky to get power costs even...
Thanks for pointing that out, PoS is working great.
Orly has a 4% annual PoS reward as an incentive to let users run nodes and keep transactions going, and my wallet having 28 connections shows it's paying off.
Does a 4% annual PoS reward mean that we'll have a 4% annual inflation when the PoW phase is over? Nope...
A lot of coins are at the exchange(s), not staking, a lot of wallets are offline, not staking.
So we are looking at an annual 1-2% inflation which is perfect.
I don't think getting Orly on an exchange like Alcurex will do good for the coin, no action(exchange is almost empty), no one to buy even at a price covering power fees to mine. As the coin has no interest right now(it doesn't offer anything new and can't be used anywhere) it may be a dead on arrival coin because of these poor and rushed choices.
I'm stopping my mining right now, hoping my bag holding a few millions will get some value someday or some interesting use...
I'm stopping my mining right now, hoping my bag holding a few millions will get some value someday or some interesting use...
ya man that supply tho, too much for the nothing demand
for me the 1200 coin stakes in the block explorer killed it finally
totally a personal profit coin it feels like, the market cant absorb the coins now and 1200 coin stakes all day is just feeding one wallet ;\
https://www.blockexperts.com/orly/address/oHGcuxUtrafX9VqUrum92oeEkR5Ljfqo8Y
how can this market keep up to this?!!?
1200 coins staked every 3 mins? ;\
thats just one address....
nah its DOA for sure sadly
were all SOL ;( lucky to get power costs even...
I don't think getting Orly on an exchange like Alcurex will do good for the coin, no action(exchange is almost empty), no one to buy even at a price covering power fees to mine. As the coin has no interest right now(it doesn't offer anything new and can't be used anywhere) it may be a dead on arrival coin because of these poor and rushed choices.
I'm stopping my mining right now, hoping my bag holding a few millions will get some value someday or some interesting use...
I'm stopping my mining right now, hoping my bag holding a few millions will get some value someday or some interesting use...
Maybe someone should create a faucet so the coin gets more popular.
A faucet is on my "to do" list.
No ETA...
Any one sell ? looking for 100-500k coins.
Price offer please.
Price offer please.
i could part with 100k of mine, but i want atleast 100 shat each
0.1btc
if that works let me know
i personally will respectfully decline, as i would be a buyer at that price also
Any one sell ? looking for 100-500k coins.
Price offer please.
Price offer please.
i could part with 100k of mine, but i want atleast 100 shat each
0.1btc
if that works let me know
i personally will respectfully decline, as i would be a buyer at that price also
Difficulty so low rn, not sure if this is good or bad for me.
ya this was a coin that should have had way less supply ;\
Difficulty so low rn, not sure if this is good or bad for me.
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