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Topic: the Veil Project Mining- Privacy without Compromise - page 10. (Read 6110 times)

full member
Activity: 1400
Merit: 103
Guys, something very long is sync with Veil network, as it should be? And another question, is there any way to speed up this process?
hero member
Activity: 1361
Merit: 506
True, bounty participants be aware that Veil is not currently listed on top exchanges so this project is not popular - as soon as this happen you will see the hype.
jr. member
Activity: 378
Merit: 3
Before the bounty distribution, I think the price was around 3500 (I think) and after that, the price went to 2700 so I don't think that's much of a dump caused by bounty distribution.

Yes, you are bounty distribution is not the major cause to decrease its price but i think it is based on the market situation because the price of Both the Ethereum and Bitcoin sudden surge makes the coin to decrease its value.
regarding the price, I think bounty hunter doesn't have a big effect. this might have something to do with the price expansion that occurred. unfortunately I monitor the price in the form of $, and I think the current veil price is quite good compared to yesterday.

Yes, Bounty hunters don't sell their coins in the market due to most of the people are showing interest towards the staking. Look at the price of Bitcoin and ETH prices decreased a lot in the market this makes to decrease its value in the market. So we shouldn't bother much about the price in the long term we might see much benefits from this coin.
hero member
Activity: 1736
Merit: 857

I've been renting rigs on Miningrigrentals with varied success. Depends on how low people are willing to sell there power.
As for mining blocks being anonymous... Are you solo mining - and if so, how or where are you doing this?

I've thought of trying solo, but not sure how to point miners to my wallet.


You need to have an open port through which runs the daemon (veild). In the miner, enter your IP and this port. I think it's port 58810. It should work.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
Are you guys still mining VEIL? I stopped mining for a little while after that zerocoin vulnerability came to my attention. I am going to start mining again but what to clarify whether the blocks I mine are still anonymous or not?
at this time I still do mining veils with the stake of coin method that I have even though the results are not too much but I still run it, I think every block still looks anonymous.
hero member
Activity: 1596
Merit: 534
Are you guys still mining VEIL? I stopped mining for a little while after that zerocoin vulnerability came to my attention. I am going to start mining again but what to clarify whether the blocks I mine are still anonymous or not?

I've been renting rigs on Miningrigrentals with varied success. Depends on how low people are willing to sell there power.
As for mining blocks being anonymous... Are you solo mining - and if so, how or where are you doing this?

I've thought of trying solo, but not sure how to point miners to my wallet.
hero member
Activity: 1218
Merit: 500
BintexFutures
Are you guys still mining VEIL? I stopped mining for a little while after that zerocoin vulnerability came to my attention. I am going to start mining again but what to clarify whether the blocks I mine are still anonymous or not?
hero member
Activity: 2562
Merit: 577
Yes, you are bounty distribution is not the major cause to decrease its price but i think it is based on the market situation because the price of Both the Ethereum and Bitcoin sudden surge makes the coin to decrease its value.

I am getting really concerned. The exchange rates (versus BTC) are down by more than 50% since the start of the month. although a slight recovery has been observed during the last 2-3 days. There is some other reason to it, as it has been established that bounty distribution is not the culprit (the sharp drops doesn't correspond to the bounty disbursement). Smaller coins are always susceptible to price manipulation, especially when the trading is limited to one or two small exchanges.

this concerned of yours was raised in the telegram chat and one of the admins stated that maybe those who are mining the coin are selling aside from some hunters that are also selling, so maybe we can assume that miners are the culprit here, in any case, the price will be up again, i was actually hoping veil will increase in price as most alts has done recently.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
Before the bounty distribution, I think the price was around 3500 (I think) and after that, the price went to 2700 so I don't think that's much of a dump caused by bounty distribution.

Yes, you are bounty distribution is not the major cause to decrease its price but i think it is based on the market situation because the price of Both the Ethereum and Bitcoin sudden surge makes the coin to decrease its value.
regarding the price, I think bounty hunter doesn't have a big effect. this might have something to do with the price expansion that occurred. unfortunately I monitor the price in the form of $, and I think the current veil price is quite good compared to yesterday.
hero member
Activity: 1834
Merit: 566
Well since everyone and their mother are using this thread to increase their post count for the VEIL bounty campaign, why shouldn't I too, and just add another useless post to the 7 pages of spam? Thanks! Buy VEIL!
You're among the high ranking account holder and I believe you should have understand that some words are not allow in this forum. It just an advice to avoid your account been penalize though for decision is up to you.

About the price dump, actually, veil is holding way better than i expected.

Btc pump crashed every coin and also veil distributed first round of bounty. But loss is very limited and there are more buy orders than first bounty round on vinex.
The concept which Veil was built on definitely have something to add to the crypto sphere and with this I wont be surprise if it perform more than expectation.
hero member
Activity: 3010
Merit: 538
Leading Crypto Sports Betting & Casino Platform
About the price dump, actually, veil is holding way better than i expected.

Btc pump crashed every coin and also veil distributed first round of bounty. But loss is very limited and there are more buy orders than first bounty round on vinex.
It looks like more people are aware of the veil platform and they have started to put their attention to the veil. The volume of veil is increasing a lot. The decrease in its price is not really important as long as there will be more volume has come to buy veil from the market. as long as veil can keep its progress and anything will be fine or even big news will come for anyone who supports veil.
I just try to accumulate more and waiting for the next dipping price of veil and stake it in the network.
sr. member
Activity: 914
Merit: 252
Yes, you are bounty distribution is not the major cause to decrease its price but i think it is based on the market situation because the price of Both the Ethereum and Bitcoin sudden surge makes the coin to decrease its value.

I am getting really concerned. The exchange rates (versus BTC) are down by more than 50% since the start of the month. although a slight recovery has been observed during the last 2-3 days. There is some other reason to it, as it has been established that bounty distribution is not the culprit (the sharp drops doesn't correspond to the bounty disbursement). Smaller coins are always susceptible to price manipulation, especially when the trading is limited to one or two small exchanges.
jr. member
Activity: 378
Merit: 3
Before the bounty distribution, I think the price was around 3500 (I think) and after that, the price went to 2700 so I don't think that's much of a dump caused by bounty distribution.

Yes, you are bounty distribution is not the major cause to decrease its price but i think it is based on the market situation because the price of Both the Ethereum and Bitcoin sudden surge makes the coin to decrease its value.
hero member
Activity: 1218
Merit: 500
BintexFutures
Before the bounty distribution, I think the price was around 3500 (I think) and after that, the price went to 2700 so I don't think that's much of a dump caused by bounty distribution.
member
Activity: 686
Merit: 12
What happens to the price? Why strong fall lately?
Already three times fell in dollars from the peak of the price against the background of the growth of the remaining tokens where there is a small capitalization.

The couple of reason I can think for the sudden price drop is.

1. Bitcoin's sudden price surge which resulted in many people selling their alts.
2. ZeroCoin Vulnerability is showing its impacts on price now.
3. Bounty was just distributed (though it shouldn't have made much difference).

Yes, there are multiple reasons that the price of Veil coin decreased in the market, now it is the right time for the people who want to stake their coins in wallet better go grab some cheap coin which we can stake them in the wallet for daily rewards.
Interestingly, honestly - if Bitcoin didn't start to grow and altcoins fall - how much did the price fall due to the bounty factor? It seems to me that bounty payments affected 40-50% price drop.
I agree that we urgently need to buy tokens Smiley
legendary
Activity: 2968
Merit: 1169
You need approx 13'000 coins to hit 1 stake a day on average.
1 stake is 50 coins.
You need to have the wallet open 24/7 for this to happen. Go get it on the official website. You know, the one in your signature.

Thanks for info Dragonmike! I finally found some free time and I open account on vinex.network, nice exchange, for the first time I bought 500 veils, to test how it goes with new exchange, and with veil transactions. Well soon I will add more veil coins!

thanks a lot for this info Dragonmike.

so by these stats can we consider that 500 VEIL will hit a stake, let's say once a month? maybe a bit longer?
You may use this calc to determine the number of days for stake: https://docs.google.com/spreadsheets/d/10iN-d6NRX4u5WzNi4lO0S3Ef7euwyuvRv0TANjLPp1E/edit#gid=558845196
Just save as Excel file and enter your balance.
hero member
Activity: 924
Merit: 506
About the price dump, actually, veil is holding way better than i expected.

Btc pump crashed every coin and also veil distributed first round of bounty. But loss is very limited and there are more buy orders than first bounty round on vinex.
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
You need approx 13'000 coins to hit 1 stake a day on average.
1 stake is 50 coins.
You need to have the wallet open 24/7 for this to happen. Go get it on the official website. You know, the one in your signature.

Thanks for info Dragonmike! I finally found some free time and I open account on vinex.network, nice exchange, for the first time I bought 500 veils, to test how it goes with new exchange, and with veil transactions. Well soon I will add more veil coins!

thanks a lot for this info Dragonmike.

so by these stats can we consider that 500 VEIL will hit a stake, let's say once a month? maybe a bit longer?
jr. member
Activity: 378
Merit: 3
What happens to the price? Why strong fall lately?
Already three times fell in dollars from the peak of the price against the background of the growth of the remaining tokens where there is a small capitalization.

The couple of reason I can think for the sudden price drop is.

1. Bitcoin's sudden price surge which resulted in many people selling their alts.
2. ZeroCoin Vulnerability is showing its impacts on price now.
3. Bounty was just distributed (though it shouldn't have made much difference).

Yes, there are multiple reasons that the price of Veil coin decreased in the market, now it is the right time for the people who want to stake their coins in wallet better go grab some cheap coin which we can stake them in the wallet for daily rewards.
hero member
Activity: 1736
Merit: 857

The couple of reason I can think for the sudden price drop is.

1. Bitcoin's sudden price surge which resulted in many people selling their alts.
2. ZeroCoin Vulnerability is showing its impacts on price now.
3. Bounty was just distributed (though it shouldn't have made much difference).

I think the main reason is number 2. Since the price reduction began much earlier than the growth of btc or payments of awards for the bounty campaign. Interestingly, I know a few more new projects that use zerocoin technology, but they hide information about the vulnerability from their community. Like there's no problem.
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