[SPC][PoF] SaveCoin | Proof of Fund Coin | 64% Interest Annually / 0.137% Daily - page 20.

WolfLee84

member

Activity: 101

Merit: 10

Quote from: Gologuzan on May 05, 2014, 06:51:20 AM

why o why there is no my address? i have coins for like a 2 days on it and not a single dime got over my mined coins....
i am using exchange to store coins.

Hello,
You have to have the coins in your wallet & not the exchange. If you have the coins in the exchange's wallet @ around the time the interest is sent (around the same time everyday), the exchange will get them. The interest is paid out to the wallet, the exchange is not a good place to keep your coins when the interest is sent, unless you are buy/sell & then put them right back into your wallet. Hope this helps Cool

Gologuzan

full member

Activity: 161

Merit: 100

why o why there is no my address? i have coins for like a 2 days on it and not a single dime got over my mined coins....
i am using exchange to store coins.

GullibleGooo

member

Activity: 97

Merit: 10

Quote from: coin-cidence on May 05, 2014, 06:02:20 AM

Top 50 Richest Addresses (based only on daily interest payout 04.05 -> 05.05):

SPC % Address Change
1 11314,10 22,23% SgNhZ7fPdvE2xSmnc7Q6BSTgnHCicHHQD8 -61,40 SPC

Please let me in on the technical wizardry and tell me how this is generated? Can it be done with all coins?

coin-cidence

member

Activity: 107

Merit: 10

Total coins in circulation: 50902 SPC (+70 PoF, +1493 mined)

Top 50 Richest Addresses (based only on daily interest payout 04.05 -> 05.05):

     SPC     %     Address       Change
1   11314,10   22,23%   SgNhZ7fPdvE2xSmnc7Q6BSTgnHCicHHQD8   -61,40 SPC
2   6774,19   13,31%   SYYoNtNeyicQitxtFbpWkmT4RLUzdBbUe7   +9,27 SPC
3   2721,38   05,35%   Sf9eZ46p3VipC87KjLzbQM3eEtiBaAVxNe   +3,72 SPC
4   2582,63   05,07%   SXuKaFxFonC9bZgoGKvo43AFBTWJA4E2My   +3,53 SPC
5   1649,40   03,24%   Sg3uqSmH3Y6jCbLqaXd8iMaU6arzimCfZP   +23,08 SPC
6   1604,39   03,15%   Sf3WkPb5XkpVMb9GsQK3t4cBqAvJQ8Eqn9   +1,78 SPC
7   1545,62   03,04%   ShA7Yhn7YRwNM4C4HvhYKHycszMyEAjSE4   +347,30 SPC
8   1412,75   02,78%   SR37KvKPGGUjapW74EqWovf157ubJn3jgq   +1,93 SPC
9   1307,24   02,57%   SbksZv7pwWCbrjcEbFcXvHULKhtiuGk8u4   +70,22 SPC
10   1219,01   02,39%   SYEQ3iLX4HY9bTBkeZLxRdLNp7KsA5M5V9   +400,20 SPC
11   1182,29   02,32%   SZMrpJfcjJBSBB9r8w7y9BimN1kTQtkizF   +1,62 SPC
12   1138,98   02,24%   SdnDZ5NmcktWaLgXmYxUXTcP9Dk94Ea7YP   +65,69 SPC
13   1091,82   02,14%   SjfQQnNvNp9gGH2L9xzFSDc5H3tNkxF9oh   +101,89 SPC
14   1085,03   02,13%   SaV8LhF6GRLw1BK4sTEVTbctcYyu5mjiTN   +1,48 SPC
15   1002,74   01,97%   SkVgYK43mAjHgMx7TNwiJGpTMoa6TyP5wE   +1,37 SPC
16   990,21   01,95%   Sb9aSXtQUskMupXgTsARnoBpH9tzyvdnhq   +1,35 SPC
17   977,97   01,92%   SPjPGmfAKJotyxZpTi7UrMPpUpGYq9rfFc   +51,99 SPC
18   926,76   01,82%   SSoD5TXBYfifEB1sNSznh4MxYgiM3wdkAL   +1,27 SPC
19   551,76   01,08%   SW8RG7ybj46mN1Czq7AScyckhCiiTgidp4   -218,30 SPC
20   522,72   01,03%   SbwX6GWxuN4mpnUg7xvQ2EX7owpj17o1xR   -208,29 SPC
21   448,68   00,88%   STGtSC8hDiqgztr5bX7VHGcpgFsvvAm1CH   +0,00 SPC
22   427,27   00,84%   SZ95nKR3byBAZtjdMS8YpqfWXGUR5RiJPT   +69,36 SPC
23   427,20   00,84%   SMkP9CNedK4fZuG6WBFXmuAZxy8gjzMYMP   +0,58 SPC
24   386,80   00,76%   SW7FbkSrE5eiRqMjXJD1NEwmnhnNoXgbSf   +0,53 SPC
25   378,79   00,74%   SY7qawE5h1FyP55xBrYY1WiqEcLzanUvdv   +0,52 SPC
26   370,20   00,73%   SMNqLstseEfwuPtJbk7MUeopL31Fhf9syh   NEW
27   353,37   00,69%   SRYV2Kd6q1EPGvg8BmZtVvvUzKEN4quqvc   +0,48 SPC
28   336,05   00,66%   SPgqKBUPXyoB3fBgair3jDCxU8zNXkT7Gw   +0,46 SPC
29   288,44   00,57%   SWMctixTg33ybiJGQnaoCawR39uP7v5yNW   +0,39 SPC
30   265,72   00,52%   SSqmxJMer58d2CbVyf6gH9YdHd9eJqQBXq   +0,36 SPC
31   265,66   00,52%   Sj7UDwSe48cTekoFEtZwcipGq7xdDSjVtN   +0,36 SPC
32   229,69   00,45%   SW97wTBAUrozthF39XBC7L4cfZ3ZujxMvU   +0,31 SPC
33   227,79   00,45%   ScUFS56XLXmFCJQJfeMDa5ZsNANye55d66   +19,39 SPC
34   207,50   00,41%   SUqQ8RLvvzuCnYfNGyVKG1BPB4Rr2phgk6   +0,28 SPC
35   203,11   00,40%   SQuKMjTRnYx9yctbzFgRYgVpJxwoHwKcAZ   +0,28 SPC
36   202,34   00,40%   Scr6DeJitE5ebf3o7AtJxih6mwHY9yzhBN   +0,28 SPC
37   202,28   00,40%   ShD28yJJxGgHFg6Jmy9hQoDN4wRP1GpffX   +101,78 SPC
38   198,23   00,39%   SZPmQZ3SihwwMwu5bLrAi8rLj61zYwwJnN   +0,27 SPC
39   191,47   00,38%   Sh5Zn3qqs6MDeUJAuQeaY9mNeTzGrbJN3G   +0,26 SPC
40   183,63   00,36%   SSwatg8W5qzQkKeX4wdoSJSYCkrJyHPxdr   +0,25 SPC
41   136,88   00,27%   SPq5KP56kSbnRho3cKbkWYepNwwJugGxq7   +10,20 SPC
42   136,04   00,27%   SULS53XWzXbk1zXcQ4sUZtmr2ZDft36WVJ   +0,19 SPC
43   128,44   00,25%   Shds7ACJGwpETrHgUvuNEQ2zYwX6Tkvazc   +0,18 SPC
44   124,12   00,24%   STtkoQ4rFkDgnA9wKDQFT6M8gfs37rw8JD   +0,17 SPC
45   123,25   00,24%   Sk3wAzGuJKMsbAsKqhjDjMPUVrjbxmVmau   NEW
46   122,48   00,24%   SQ8ePx8De4SeLqrxyRkuUZHRzwTAGV5jZd   +0,17 SPC
47   121,71   00,24%   SZTEASvBxZERfS2zVuRHY6jWdLjNqEvTPa   +0,17 SPC
48   121,38   00,24%   SSH9c56SCBkEF2AjcJoCcZEXdeCod5Koc6   +69,83 SPC
49   114,30   00,22%   SSkHg17KRUzpbQuJqGKKnqkQEk6WJA4Lho   +0,16 SPC
50   107,47   00,21%   SheoWHtJbiLRz8DRzxBahLD1nssKJo7tk7   +0,15 SPC

WolfLee84

member

Activity: 101

Merit: 10

Great Quote from the Dev,

"This is the beauty of Proof of Fund, the ultimate flexibility! Users will no longer need to store large amounts of blocks for decades Grin

So the interest will continue, this is how SaveCoin will last for decades. Proof of Funds allows us to make users lives easier."

So many P.O.S. coins that use up Power/Electricity, from having to keep your device (Desktop, Laptop, Tablet, Mobile, Etc..) running 24 hours to stake. Kind of like a car, gas over the new electric. Crypto is evolving into making it easy to use, this is much needed if we are to really change how currency is used in the world today. We just have to show the world, the good about cryptocurrency will overtake the bad we have seen in it Cool

For some of us do this to better the world, not make money BTC

Suresh Matsui

full member

Activity: 168

Merit: 100

Quote from: GullibleGooo on May 04, 2014, 05:31:43 PM

Could it be better to wait with hitting the bigger exchanges until the dumpsters are gone? Wait it out...

Whatever happens at AllCrypt seems to stay at AllCrypt... But maybe what we don't want is for the dumpsters to follow us to Bittrex, or even worse Cryptsy. If that happens, the introduction of SPC to that market could push down the price which could make SPC look like just another IPO dump and make people lose interest quick.
WhiteCoin, AsiaCoin and CinniCoin were very successful at Bittrex so Mintpal picked them up immediately without voting. Now they are somewhat "legit" (except for AC who seems to have their own little mess) and have high volumes at Mintpal. In contrast, YellowCoin and BlueCoin (sigh...) were not successful at Bittrex and have to go back to square one now to bring back confidence to the coin. My point being... when we hit Bittrex or Poloniex (or Mintpal/Cryptsy) we make sure that the introduction is a good one and won't back-fire, or at least do all we can to try to avoid looking quick sell-out, which means getting the dumpsters fed.

So, how about staying patient and waiting for cheap prices to rid themselves at AllCrypt. I for one can guarantee not to sell below 0.005 BTC (and that's counting low).

Or, are the dumpsters still mining and this will just go on and on ... ?

My experience in this business goes back short, but from what I can see is that coins can easily lose the confidence of the general trading community very quickly, and that is... well, pretty much it... then you are back at the end of the line at the bottom of the hill. Has any altcoin made a comeback at all? Has it even ever happened?

Dumpers will follow the buyers, right now the supply is higher than the demand due to limited amount of exchanges, once more buyers enter the market then price may adjust accordingly. Right now the main focus is spreading awareness and bringing clear information about SaveCoin when users need it

It's something we're working on just now.

Check PrimeCoin for an example of a coin which fell dramatically then price shot up after months.

Suresh Matsui

full member

Activity: 168

Merit: 100

INTEREST PAID ON 5th May 2014

Quote

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SeGTZMyZNHez4G3eb9H4vARmjKNZZRYUod 0.88362176 0.00121056181120000000 Mon May 5 03:42:38 BST 2014
SYD8FoPr2VdsXYxQn143gubf4o2zAAh8Px 0.00007729 0.00000010588730000000 Mon May 5 03:42:38 BST 2014
SjuM9uYFUQePfHEz9qyPcqhdJ8NEaZqBBz 0.27552036 0.00037746289320000000 Mon May 5 03:42:38 BST 2014
Sbk3mjLjMWeJMDuj6n5uZT5mT4J94kAVuP 0.01004717 0.00001376462290000000 Mon May 5 03:42:38 BST 2014
SULS53XWzXbk1zXcQ4sUZtmr2ZDft36WVJ 135.85060546 0.18611532948020000000 Mon May 5 03:42:39 BST 2014
Sa8CuJs2XdK9LsRo1t2VBxFEYtijZSJeKH 2.94782217 0.00403851637290000000 Mon May 5 03:42:52 BST 2014
SXR6iJXmcPSLYq1tZZkQrQViExdU2q45Jk 59.64718742 0.08171664676540000000 Mon May 5 03:42:53 BST 2014
SfL94G9XSTQ7oj8TXowTFqakcn9DnmYnsn 0.00016437 0.00000022518690000000 Mon May 5 03:42:53 BST 2014
ScYA4RNxn52myMqhRMZQ1AFGG8eUXfztm2 0.00000093 0.00000000127410000000 Mon May 5 03:42:53 BST 2014
Si2FxpJyo3dxjQVEkxBy6WJkh8bYjxoSYv 2.07707819 0.00284559712030000000 Mon May 5 03:42:54 BST 2014
STKmNNjMSVocQf7avYamMV5p6dm1T7yhty 0.00016437 0.00000022518690000000 Mon May 5 03:42:55 BST 2014
SY5Lq653RVx8zTfAj7vtznxu7fkN7Lospi 0.00009581 0.00000013125970000000 Mon May 5 03:42:55 BST 2014
SgXMoqbvTh7337we9Rh2E1ajG1voZV8QzN 0.00198543 0.00000272003910000000 Mon May 5 03:42:55 BST 2014
Sg1amvE3XZjEDhiqJQcZ81K9nFnfZN8EiS 0.01002539 0.00001373478430000000 Mon May 5 03:42:57 BST 2014
SZVarS5izKECrh2sepDCs3fH2Rn3W9ovc8 0.00276478 0.00000378774860000000 Mon May 5 03:42:57 BST 2014
SSfv3wjWsftMV3uT4v94cYt2jmWFsr3cMs 9.3427242 0.01279953215400000000 Mon May 5 03:42:57 BST 2014
SV7Km4Wwnv6WGtEvjK79nAgeNvZRvhSgEd 12.2513798 0.01678439032600000000 Mon May 5 03:42:57 BST 2014
SRDbee8Y1UmqJTTpxgRkh61HKPo7zvM16s 0.00001373 0.00000001881010000000 Mon May 5 03:42:58 BST 2014
SYhEU7XaKDhAgfB4aV6bkUrLxt73M9cfQq 0.00189152 0.00000259138240000000 Mon May 5 03:42:58 BST 2014
SQC7xG2Lt3Kjzhg6YzJhSgBfMtGBAfgNqs 0.01413077 0.00001935915490000000 Mon May 5 03:42:58 BST 2014
SaYDqx6o3oGUErHZvtdt1VepXvA2WtXNZw 5.01370938 0.00686878185060000000 Mon May 5 03:42:59 BST 2014
SZY6nnFs32MvURBuNaXvkBftXTWt58Xoup 0.00002443 0.00000003346910000000 Mon May 5 03:43:11 BST 2014
SbbFsSePdo6aCM4zBsmuPa4KhdSi7Z2w6J 0.00003089 0.00000004231930000000 Mon May 5 03:43:12 BST 2014
SZmvABmuW7TPdtL8P3EPjyEWsfoGFbJanh 0.12014437 0.00016459778690000000 Mon May 5 03:43:13 BST 2014
SNuH3NxEGFUnmYFcGBKMJJXa7bmNxSGs1B 0.12014437 0.00016459778690000000 Mon May 5 03:43:13 BST 2014
SiU26zi6K5Q4xEvJfFa4k84dAd7QjfkC2z 0.12014437 0.00016459778690000000 Mon May 5 03:43:14 BST 2014
SSH9c56SCBkEF2AjcJoCcZEXdeCod5Koc6 121.21713552 0.16606747566240000000 Mon May 5 03:43:14 BST 2014
Sk5TDnfGcKkwbmM2pmQPDQPJUCmQma9yt9 0.00066274 0.00000090795380000000 Mon May 5 03:43:14 BST 2014
SMscg41nthTmVpzeLtdYBzkXvYPesK7uLU 0.01053925 0.00001443877250000000 Mon May 5 03:43:14 BST 2014
SUfYt92qoXiXehBqPWbPwoJ49ZjAu6muoj 0.10013293 0.00013718211410000000 Mon May 5 03:43:17 BST 2014
SbJKxJdMjZck7fPGZNmyQmExFJ55AmuKS2 0.901235 0.00123469195000000000 Mon May 5 03:43:17 BST 2014
SftRD6EapqDw6rrGNofq1hpYCr4BhwEmmC 0.00001455 0.00000001993350000000 Mon May 5 03:43:17 BST 2014
SVJEzvZ8Vw5U2ibZSnaBuy9JC4KzVZ7UYD 0.000001 0.00000000137000000000 Mon May 5 03:43:17 BST 2014
SNcgCA3ppCCYoBdSbJnoSnYq52EdkhTBCL 0.000001 0.00000000137000000000 Mon May 5 03:43:18 BST 2014
SdfA9XFacAV987Kq7TaRtfM3M7SsQJQDcd 10.0137 0.01371876900000000000 Mon May 5 03:43:19 BST 2014
ServDzGEaQaSE9smYww3TwwxyzS2H25oZf 0.01046104 0.00001433162480000000 Mon May 5 03:43:19 BST 2014
Se134JjWkUsbW9itgjJ4qccs8x5ymzWK49 27.58280117 0.03778843760290000000 Mon May 5 03:43:20 BST 2014
SSBwZKg6tSoFmVqabzncfXrqN5iVTseJkx 0.06040534 0.00008275531580000000 Mon May 5 03:43:20 BST 2014
SMMLLe475rbQxwHbtkoNFmLvfXCnTT8Qwu 0.01977632 0.00002709355840000000 Mon May 5 03:43:20 BST 2014
Sfyoxs1WWDVGnjcrJ2qGXfLY8VvhSbwrL6 0.00003283 0.00000004497710000000 Mon May 5 03:43:20 BST 2014
ScAANT9VK2c8HUDLBK7efgok7xiebDNya3 0.00001371 0.00000001878270000000 Mon May 5 03:43:20 BST 2014
SPfqpuWfF71imzM6oJUW3uBdZXszRtVA9G 0.03685971 0.00005049780270000000 Mon May 5 03:43:34 BST 2014
SQVuYUQrdrDHCyNUfy7kPyLt2362pyNhcu 0.05113966 0.00007006133420000000 Mon May 5 03:43:34 BST 2014
SkZ8bAY2kaRU4XjKpeXnJJCYMgFqNzGPsL 0.01359513 0.00001862532810000000 Mon May 5 03:43:34 BST 2014
SYAasy9QwWMuqKNuyPeTHaEFp4Mu8Ds7YS 0.0195513 0.00002678528100000000 Mon May 5 03:43:34 BST 2014
SPYXGPSutF97H2HUZTLsGoaWU7cjif5Szg 0.01028296 0.00001408765520000000 Mon May 5 03:43:34 BST 2014
SUFxH2MoYRu6XfX7iugAsT7CiJASzQePCW 0.01879554 0.00002574988980000000 Mon May 5 03:43:34 BST 2014
Sk3wAzGuJKMsbAsKqhjDjMPUVrjbxmVmau 123.08028214 0.16861998653180000000 Mon May 5 03:43:34 BST 2014
SVk6HvC8KgxJJepWBUPn6GVY3J1EVDW9yg 101.02836227 0.13840885630990000000 Mon May 5 03:43:34 BST 2014
SayxFogoYnzFpthzc2W2gViww9nrNFmLLS 0.53552561 0.00073367008570000000 Mon May 5 03:43:34 BST 2014
SPydepRVFBdq3WQZvM521Md839gHFgncC6 0.04713551 0.00006457564870000000 Mon May 5 03:43:34 BST 2014
SRcWz9SAiaPpuhKiraqwBQyPbUtZfukAwJ 0.43361153 0.00059404779610000000 Mon May 5 03:43:34 BST 2014
SMwwyqcJiVAQQNZPyxNBWPtcyogKQAPPNH 0.51272695 0.00070243592150000000 Mon May 5 03:43:34 BST 2014
SfDsg9ahTWBekZHRT1DKQt42AgSget6oZt 2.07093005 0.00283717416850000000 Mon May 5 03:43:35 BST 2014
SPDxQYXDa6jpP6TNguk9DRrkDT9xBcqC7D 24.9802029 0.03422287797300000000 Mon May 5 03:43:35 BST 2014
SUiaspqTquiq5ozo4zUKS8DfTnTaKm3F5J 1 0.00137000000000000000 Mon May 5 03:43:35 BST 2014
SaKX9BaFNgXxQEo3U3AgYNDuHDdZYGAq8q 1 0.00137000000000000000 Mon May 5 03:43:36 BST 2014
SYMVRqeVMc73yV2HH5heffiRwbgVhmyme3 0.01001015 0.00001371390550000000 Mon May 5 03:43:36 BST 2014
SjCNbYkSDoC7cex9FEjGAgpnLj5qD1HvYU 0.06678772 0.00009149917640000000 Mon May 5 03:43:36 BST 2014
SYwq6nC7JRpzaAtWv4JkvLBk2LvyL6VD5w 1 0.00137000000000000000 Mon May 5 03:43:38 BST 2014
SPtmB8etZRxwZHt6tTWrgxpf2GBz4btEoD 1 0.00137000000000000000 Mon May 5 03:43:39 BST 2014
SMNqLstseEfwuPtJbk7MUeopL31Fhf9syh 369.69369507 0.50648036224590000000 Mon May 5 03:43:39 BST 2014
SdturQxnBjac8HX4PWcNSNNqMkK1SAScDB 50 0.06850000000000000000 Mon May 5 03:43:39 BST 2014
SgNhZ7fPdvE2xSmnc7Q6BSTgnHCicHHQD8 11298.62094663 15.47911069688310000000 Mon May 5 03:43:40 BST 2014
SZx8yBsanNTiLoU2cayC2EPMJrXxCijGj3 15.50184876 0.02123753280120000000 Mon May 5 03:43:40 BST 2014
ShuVD2ywLQV6tv5DXqpchQAviteDFBznRD 0.01814724 0.00002486171880000000 Mon May 5 03:43:40 BST 2014
SQj2osDKqDghX9yVb8MuRoAyJ1hAvqifuh 0.00000178 0.00000000243860000000 Mon May 5 03:43:45 BST 2014

First row is address, second row is balance, third row is interest amount that will be paid, fourth row is what time address balance was taken.
This interest payment includes addresses recorded up to block 29590.

Thanks a lot for participating!

Enjoy!

Suresh Matsui

full member

Activity: 168

Merit: 100

Quote from: marsandotherplanets on May 04, 2014, 09:11:59 PM

Quote from: argentone on May 04, 2014, 07:22:26 PM

Hi, I like this coin, I have read about it, and began mining it, the first day it came out. I like the PoF idea, and the top address list is also pretty neat. A thought occurred to me today, after seeing what happened to the Asiacoin market. When you post the richlist or whatever you like to call it, would you please post the 1mil Developer address, so we can see it is not being used to create or increase any additional interest-acquiring addresses? This alone would give the miners ( who can mine only a portion of 1mil ) peace of mind that we are not competing with the developer for interest payments. The coin is currently at risk of a 51% attack from the developer until 1mil+ coins exist in the hands of miners/users, does anyone else agree with this idea?

thats not how the 51% attack works. And he has stated he does not receive any interest payments. Search through the block chain
i'm sure every address is accounted for. And why would the developer attack his own creation? He would be killing his reputation and his
possible future legacy.

Indeed, the coins are in cold storage, you can find the address in the blockchain, but here it is: Sf3gDEndp7Ggbksq58WGpkeerAW17AZUBx (this may change from time to time for security)

Looks like we're going to be added to Comkort exchange! Cheesy

marsandotherplanets

newbie

Activity: 27

Merit: 0

Quote from: argentone on May 04, 2014, 07:22:26 PM

Hi, I like this coin, I have read about it, and began mining it, the first day it came out. I like the PoF idea, and the top address list is also pretty neat. A thought occurred to me today, after seeing what happened to the Asiacoin market. When you post the richlist or whatever you like to call it, would you please post the 1mil Developer address, so we can see it is not being used to create or increase any additional interest-acquiring addresses? This alone would give the miners ( who can mine only a portion of 1mil ) peace of mind that we are not competing with the developer for interest payments. The coin is currently at risk of a 51% attack from the developer until 1mil+ coins exist in the hands of miners/users, does anyone else agree with this idea?

thats not how the 51% attack works. And he has stated he does not receive any interest payments. Search through the block chain
i'm sure every address is accounted for. And why would the developer attack his own creation? He would be killing his reputation and his
possible future legacy.

argentone

newbie

Activity: 1

Merit: 0

Hi, I like this coin, I have read about it, and began mining it, the first day it came out. I like the PoF idea, and the top address list is also pretty neat. A thought occurred to me today, after seeing what happened to the Asiacoin market. When you post the richlist or whatever you like to call it, would you please post the 1mil Developer address, so we can see it is not being used to create or increase any additional interest-acquiring addresses? This alone would give the miners ( who can mine only a portion of 1mil ) peace of mind that we are not competing with the developer for interest payments. The coin is currently at risk of a 51% attack from the developer until 1mil+ coins exist in the hands of miners/users, does anyone else agree with this idea?

GullibleGooo

member

Activity: 97

Merit: 10

Could it be better to wait with hitting the bigger exchanges until the dumpsters are gone? Wait it out...

Whatever happens at AllCrypt seems to stay at AllCrypt... But maybe what we don't want is for the dumpsters to follow us to Bittrex, or even worse Cryptsy. If that happens, the introduction of SPC to that market could push down the price which could make SPC look like just another IPO dump and make people lose interest quick.
WhiteCoin, AsiaCoin and CinniCoin were very successful at Bittrex so Mintpal picked them up immediately without voting. Now they are somewhat "legit" (except for AC who seems to have their own little mess) and have high volumes at Mintpal. In contrast, YellowCoin and BlueCoin (sigh...) were not successful at Bittrex and have to go back to square one now to bring back confidence to the coin. My point being... when we hit Bittrex or Poloniex (or Mintpal/Cryptsy) we make sure that the introduction is a good one and won't back-fire, or at least do all we can to try to avoid looking quick sell-out, which means getting the dumpsters fed.

So, how about staying patient and waiting for cheap prices to rid themselves at AllCrypt. I for one can guarantee not to sell below 0.005 BTC (and that's counting low).

Or, are the dumpsters still mining and this will just go on and on ... ?

My experience in this business goes back short, but from what I can see is that coins can easily lose the confidence of the general trading community very quickly, and that is... well, pretty much it... then you are back at the end of the line at the bottom of the hill. Has any altcoin made a comeback at all? Has it even ever happened?

Suresh Matsui

full member

Activity: 168

Merit: 100

Quote from: matrix961 on May 04, 2014, 09:35:26 AM

Dumped my extra cryptsy points into voting SPC. Up to 185 as of this posting.

Thank you! Cheesy

Keep voting everyone! Cheesy

Suresh Matsui

full member

Activity: 168

Merit: 100

Quote from: GullibleGooo on May 04, 2014, 02:46:38 PM

Quote from: coin-cidence on May 04, 2014, 10:16:41 AM

Quote from: GullibleGooo on May 04, 2014, 04:45:53 AM

Quote from: GullibleGooo on May 03, 2014, 04:29:35 PM

If I calculated correct 1 SPC on its five year anniversary, will be worth 11.86 SPC. So an elevenfold increase. This is pretty amazing, so the slogan could be:
“Guaranteed 1100% return in 5 years! SPC makes it possible with unique Proof of Funds idea, read here.”

What becomes of 1 SPC year by year (?!):
0 – 1
1 – 1.64
2 – 2,68
3 – 4.41
4 – 7.23
5 – 11.86
6 – 19.45
7 – 31.90
8 – 52.33
9 – 85.82
10 – 140.76

Suresh, can you please let me know if the calculation above is correct?
I would like to promote and push, but I need to know that I got my figures right first.

I can tell you it is not, cause there is no PoF after year 6, with 1 mln coins and 19 mln coins reserved for PoF you can get maximum 19 out of 1 SPC.

Yeah, that's what I figured and raised a question about in my original post. I read though somewhere that Suresh talked about SPC as an investment for decades. I thought he did it in reference to the interest, but maybe not.
Anyway, in promoting SPC, I want to use the phrase: "Guaranteed 1100% return in 5 years!" It's correct, right? (at least if you count in SPC's)

Hello, yes the interest will end after 6 years, however SaveCoin was designed for multiple stages in mind, I'll explain. Wink

http://savecoin.co/stage1.htm breaks down the first stage of SPC, which is 6 years of mining and interest payments. That's around 6.6 years if you factor in block halving. Let's bring that down to about 4 years if you factor in the 1 million that is also reserved for the developers.

So what happens after year 4? This is the beauty of SaveCoin, a new chain is started preserving all previous balances and addresses and another 19 million is reserved for interest payment, payments continue as normal.

Why do this? This is to overcome blockchain bloat, the old blockchain is no longer used and a newer smaller blockchain is then used. The user simply needs to need to update their wallet software to continue normal operation. These stages makes SaveCoin very lean but powerful.

This is the beauty of Proof of Fund, the ultimate flexibility! Users will no longer need to store large amounts of blocks for decades

So the interest will continue, this is how SaveCoin will last for decades. Proof of Funds allows us to make users lives easier.

I'll be adding this information with the new wallet software update that I'll release soon.

A lot of changes in the website will be showing soon and the OP will be updated with much more information.

As for your question, use http://speedcoin.net/calculator/ to calculate including compounding and you'll get the correct results.

Year 0: 1
Year 1: 1.64
Year 2: 2.71
Year 3: 4.47
Year 4: 7.37
Year 5: 12.14

It's great to see great enthusiasm among SaveCoin supporters, never mind the price, let's make SaveCoin the future!

Marketing will be ramped up soon, just making a few changes to the wallet software and website, from there SaveCoin is more than ready to handle a bigger audience! Cheesy

GullibleGooo

member

Activity: 97

Merit: 10

Quote from: coin-cidence on May 04, 2014, 10:16:41 AM

Quote from: GullibleGooo on May 04, 2014, 04:45:53 AM

Quote from: GullibleGooo on May 03, 2014, 04:29:35 PM

If I calculated correct 1 SPC on its five year anniversary, will be worth 11.86 SPC. So an elevenfold increase. This is pretty amazing, so the slogan could be:
“Guaranteed 1100% return in 5 years! SPC makes it possible with unique Proof of Funds idea, read here.”

What becomes of 1 SPC year by year (?!):
0 – 1
1 – 1.64
2 – 2,68
3 – 4.41
4 – 7.23
5 – 11.86
6 – 19.45
7 – 31.90
8 – 52.33
9 – 85.82
10 – 140.76

Suresh, can you please let me know if the calculation above is correct?
I would like to promote and push, but I need to know that I got my figures right first.

I can tell you it is not, cause there is no PoF after year 6, with 1 mln coins and 19 mln coins reserved for PoF you can get maximum 19 out of 1 SPC.

Yeah, that's what I figured and raised a question about in my original post. I read though somewhere that Suresh talked about SPC as an investment for decades. I thought he did it in reference to the interest, but maybe not.
Anyway, in promoting SPC, I want to use the phrase: "Guaranteed 1100% return in 5 years!" It's correct, right? (at least if you count in SPC's)

coin-cidence

member

Activity: 107

Merit: 10

Total coins in circulation: 49339 SPC (+67 PoF, +1321 mined)

Top 50 Richest Addresses (based only on daily interest payout 03.05 -> 04.05):

     SPC     %     Address     Change
1   11375,50   23,06%   ScUhcUa8sDxkAh4VSKs8XcDn3SaDQHdHpi   -1 149,60 SPC
2   6764,92   13,71%   SYYoNtNeyicQitxtFbpWkmT4RLUzdBbUe7   +9,26 SPC
3   2717,66   05,51%   Sf9eZ46p3VipC87KjLzbQM3eEtiBaAVxNe   +1,72 SPC
4   2579,09   05,23%   SXuKaFxFonC9bZgoGKvo43AFBTWJA4E2My   +3,53 SPC
5   1626,32   03,30%   Sg3uqSmH3Y6jCbLqaXd8iMaU6arzimCfZP   +192,15 SPC
6   1602,60   03,25%   Sf3WkPb5XkpVMb9GsQK3t4cBqAvJQ8Eqn9   +1 302,19 SPC
7   1410,82   02,86%   SR37KvKPGGUjapW74EqWovf157ubJn3jgq   +802,53 SPC
8   1237,02   02,51%   SbksZv7pwWCbrjcEbFcXvHULKhtiuGk8u4   +53,60 SPC
9   1198,32   02,43%   ShA7Yhn7YRwNM4C4HvhYKHycszMyEAjSE4   +1,64 SPC
10   1180,68   02,39%   SZMrpJfcjJBSBB9r8w7y9BimN1kTQtkizF   +1 001,68 SPC
11   1083,55   02,20%   SaV8LhF6GRLw1BK4sTEVTbctcYyu5mjiTN   +1,48 SPC
12   1073,29   02,18%   SdnDZ5NmcktWaLgXmYxUXTcP9Dk94Ea7YP   +65,77 SPC
13   1001,37   02,03%   SkVgYK43mAjHgMx7TNwiJGpTMoa6TyP5wE   +0,00 SPC
14   989,93   02,01%   SjfQQnNvNp9gGH2L9xzFSDc5H3tNkxF9oh   +101,91 SPC
15   988,86   02,00%   Sb9aSXtQUskMupXgTsARnoBpH9tzyvdnhq   +1,35 SPC
16   925,97   01,88%   SPjPGmfAKJotyxZpTi7UrMPpUpGYq9rfFc   +92,39 SPC
17   925,49   01,88%   SSoD5TXBYfifEB1sNSznh4MxYgiM3wdkAL   +1,27 SPC
18   818,81   01,66%   SYEQ3iLX4HY9bTBkeZLxRdLNp7KsA5M5V9   +642,50 SPC
19   770,05   01,56%   SW8RG7ybj46mN1Czq7AScyckhCiiTgidp4   +301,41 SPC
20   731,00   01,48%   SbwX6GWxuN4mpnUg7xvQ2EX7owpj17o1xR   -47,06 SPC
21   448,68   00,91%   STGtSC8hDiqgztr5bX7VHGcpgFsvvAm1CH   +0,61 SPC
22   426,61   00,86%   SMkP9CNedK4fZuG6WBFXmuAZxy8gjzMYMP   +0,00 SPC
23   386,27   00,78%   SW7FbkSrE5eiRqMjXJD1NEwmnhnNoXgbSf   +0,53 SPC
24   378,28   00,77%   SY7qawE5h1FyP55xBrYY1WiqEcLzanUvdv   +0,52 SPC
25   357,91   00,73%   SZ95nKR3byBAZtjdMS8YpqfWXGUR5RiJPT   +24,73 SPC
26   352,89   00,72%   SRYV2Kd6q1EPGvg8BmZtVvvUzKEN4quqvc   +0,48 SPC
27   335,59   00,68%   SPgqKBUPXyoB3fBgair3jDCxU8zNXkT7Gw   +0,46 SPC
28   288,04   00,58%   SWMctixTg33ybiJGQnaoCawR39uP7v5yNW   +0,39 SPC
29   265,36   00,54%   SSqmxJMer58d2CbVyf6gH9YdHd9eJqQBXq   +0,36 SPC
30   265,29   00,54%   Sj7UDwSe48cTekoFEtZwcipGq7xdDSjVtN   +5,37 SPC
31   229,38   00,46%   SW97wTBAUrozthF39XBC7L4cfZ3ZujxMvU   +0,31 SPC
32   208,40   00,42%   ScUFS56XLXmFCJQJfeMDa5ZsNANye55d66   +0,29 SPC
33   207,21   00,42%   SUqQ8RLvvzuCnYfNGyVKG1BPB4Rr2phgk6   +98,20 SPC
34   202,83   00,41%   SQuKMjTRnYx9yctbzFgRYgVpJxwoHwKcAZ   +0,28 SPC
35   202,07   00,41%   Scr6DeJitE5ebf3o7AtJxih6mwHY9yzhBN   +0,28 SPC
36   197,96   00,40%   SZPmQZ3SihwwMwu5bLrAi8rLj61zYwwJnN   +17,49 SPC
37   191,21   00,39%   Sh5Zn3qqs6MDeUJAuQeaY9mNeTzGrbJN3G   +0,26 SPC
38   183,38   00,37%   SSwatg8W5qzQkKeX4wdoSJSYCkrJyHPxdr   +0,25 SPC
39   135,85   00,28%   SULS53XWzXbk1zXcQ4sUZtmr2ZDft36WVJ   +0,19 SPC
40   128,27   00,26%   Shds7ACJGwpETrHgUvuNEQ2zYwX6Tkvazc   +0,18 SPC
41   126,68   00,26%   SPq5KP56kSbnRho3cKbkWYepNwwJugGxq7   +10,26 SPC
42   123,95   00,25%   STtkoQ4rFkDgnA9wKDQFT6M8gfs37rw8JD   +0,17 SPC
43   122,31   00,25%   SQ8ePx8De4SeLqrxyRkuUZHRzwTAGV5jZd   +0,17 SPC
44   121,54   00,25%   SZTEASvBxZERfS2zVuRHY6jWdLjNqEvTPa   +0,17 SPC
45   114,14   00,23%   SSkHg17KRUzpbQuJqGKKnqkQEk6WJA4Lho   +0,16 SPC
46   107,32   00,22%   SheoWHtJbiLRz8DRzxBahLD1nssKJo7tk7   +0,15 SPC
47   103,12   00,21%   SUA42nNtwJop2go4vSSjGY5APTetRkeo5y   +0,14 SPC
48   102,57   00,21%   SXLVmjz6dEkDuQwsrLM78mazP34sPSnskR   +0,14 SPC
49   100,96   00,20%   SUQHe8onTqJk5YEFSuN4kcC9UrRbeM8aEP   +0,14 SPC
50   100,50   00,20%   ShD28yJJxGgHFg6Jmy9hQoDN4wRP1GpffX   +50,34 SPC

Gologuzan

full member

Activity: 161

Merit: 100

nooo.... it is decreasing its value.....

why, o why cruel world..... get up, get on your feet!!!

coin-cidence

member

Activity: 107

Merit: 10

Quote from: GullibleGooo on May 04, 2014, 04:45:53 AM

Quote from: GullibleGooo on May 03, 2014, 04:29:35 PM

If I calculated correct 1 SPC on its five year anniversary, will be worth 11.86 SPC. So an elevenfold increase. This is pretty amazing, so the slogan could be:
“Guaranteed 1100% return in 5 years! SPC makes it possible with unique Proof of Funds idea, read here.”

What becomes of 1 SPC year by year (?!):
0 – 1
1 – 1.64
2 – 2,68
3 – 4.41
4 – 7.23
5 – 11.86
6 – 19.45
7 – 31.90
8 – 52.33
9 – 85.82
10 – 140.76

Suresh, can you please let me know if the calculation above is correct?
I would like to promote and push, but I need to know that I got my figures right first.

I can tell you it is not, cause there is no PoF after year 6, with 1 mln coins and 19 mln coins reserved for PoF you can get maximum 19 out of 1 SPC.

matrix961

full member

Activity: 150

Merit: 100

Dumped my extra cryptsy points into voting SPC. Up to 185 as of this posting.

GullibleGooo

member

Activity: 97

Merit: 10

Quote from: GullibleGooo on May 03, 2014, 04:29:35 PM

If I calculated correct 1 SPC on its five year anniversary, will be worth 11.86 SPC. So an elevenfold increase. This is pretty amazing, so the slogan could be:
“Guaranteed 1100% return in 5 years! SPC makes it possible with unique Proof of Funds idea, read here.”

What becomes of 1 SPC year by year (?!):
0 – 1
1 – 1.64
2 – 2,68
3 – 4.41
4 – 7.23
5 – 11.86
6 – 19.45
7 – 31.90
8 – 52.33
9 – 85.82
10 – 140.76

Suresh, can you please let me know if the calculation above is correct?
I would like to promote and push, but I need to know that I got my figures right first.

WolfLee84

member

Activity: 101

Merit: 10

Everyone is always asking "what is diff/rare about this coin", well this is the first coin with P.O.F. & you don't have to open the wallet to stake. With that being said, yes this coin does need more people holding. More or less, from what i've seen.. There are only two pools & that maybe the main problem right there, but this coin will be seen as the first P.O.F. coin. Everyone is so hyped over the big # of P.O.S. coins, don't really get it myself? Yeah Proof of Stake is great, but having to open the wallet all the time & keep it open? Even more when you try to open & stake 50+ wallets, Proof of Funds is the future & Proof of Stake is just a rough draft (my 2 cents).

SaveCoin (SPC) is a superfast crypto-currency with a 35 second block time which will pay you 0.137% interest DAILY (64% Interest Annually) with NO compromises. Move the coins all you want, buy them, mine them, it doesn't matter how you get them.
You get paid daily with or without your wallet open. Interest is paid to your address with a balance on it, you don't need to do a single thing apart from own some SPC. This is not a Proof of Stake coin, this is not an IPO, this is something NEW and different.

If anyone really wants it on MintPal, 5 votes per hour Cool

239 SPC SpeedCoin 1Ltpp6YvPjD36S6Sj8XpbtcUYhRzbA531i 542
Want to make sure you don't forget to vote, here is a good way to remember..
http://www.online-stopwatch.com/countdown-timer/
Vote & then set it for an hour, easy view of time left in the tab..
I'm sure MintPal will add something like this down the road, as they have coin prices in the tab..

Topic: [SPC][PoF] SaveCoin | Proof of Fund Coin | 64% Interest Annually / 0.137% Daily - page 20. (Read 64618 times)