★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 137.

kiklo

legendary

Activity: 1092

Merit: 1000

Quote from: byter.sky on June 19, 2016, 05:43:49 PM

i am buying zeit , but dont think it will be 1$ for 1 zeitcoin , so how much market cap should be for zeitcoin to reach 1$ ? so Total coins 90 billion , and how long will take to Pos all coins?

It will be many many years before 90 billion is reached.
We drop to the final 5% rate in ~6 month, which will decrease our growth rate and decrease sell pressure on the exchanges

Our current number is ~35 Billion.
35,000,000,000   @$0.01    $350,000,000 Market cap or $ 350 Million
35,000,000,000   @$0.10    $3,500,000,000 Market cap or $3.5 Billion
35,000,000,000   @$1.00    $35,000,000,000 Market cap or $35 Billion

Cool

byter.sky

sr. member

Activity: 428

Merit: 250

Quote from: kiklo on June 19, 2016, 05:36:12 PM

Quote from: byter.sky on June 19, 2016, 05:10:05 PM

it is still hard to understand how fork , without new technology can be it top ,are you going to do something revolutionary or ? and what benefit has zeitknight , only to pay every year money for community and zeitcoin needs

By each knight holding 100 million , we provide a support structure , in time this will grow the price of ZEIT to US$1 .
We are building a coin network that will be useful for every country , no further changes to the code are required, there may be some later, but to be honest what we have now can do the job.

If mathematically you can not see what happens as the Knights grow, don't invest with ZEIT .
But for many of us it is apparent and just a matter of time.

Cool

FYI:
If you want to change the world for yourself and others, it will cost.
The Knights are willing to bear that cost and willing to enjoy the fruit of those labors.
The only question you need to answer , is are you?

i am buying zeit , but dont think it will be 1$ for 1 zeitcoin , so how much market cap should be for zeitcoin to reach 1$ ? so Total coins 90 billion , and how long will take to Pos all coins?

kiklo

legendary

Activity: 1092

Merit: 1000

Quote from: byter.sky on June 19, 2016, 05:10:05 PM

it is still hard to understand how fork , without new technology can be it top ,are you going to do something revolutionary or ? and what benefit has zeitknight , only to pay every year money for community and zeitcoin needs

By each knight holding 100 million , we provide a support structure , in time this will grow the price of ZEIT to US$1 .
We are building a coin network that will be useful for every country , no further changes to the code are required, there may be some later, but to be honest what we have now can do the job.

If mathematically you can not see what happens as the Knights grow, don't invest with ZEIT .
But for many of us it is apparent and just a matter of time.

Cool

FYI:
If you want to change the world for yourself and others, it will cost.
The Knights are willing to bear that cost and willing to enjoy the fruit of those labors.
The only question you need to answer , is are you?

byter.sky

sr. member

Activity: 428

Merit: 250

Quote from: kiklo on June 19, 2016, 04:09:57 PM

Quote from: byter.sky on June 19, 2016, 11:48:23 AM

i like zeitcoin , but i dont understand how this coin is going to become famous like ETH , so are going to do in future smartcontract or are you going to give people in afrika waterproject Roll Eyes

, now it is like another fork ,coin without any use , lots of zeit coins .So it is now 1 sat and tomorrow can be 0.1 sat or 0.01 sat for 1 i zeitcoin , if btc will go quick up.What is the plan to make zeitcoin very popular and to reach maybe 50 sat Huh

ZEIT will become a Barter System for the Entire Planet.
The Knights will be the support system that makes all ZEIT holders financially secure and helps countless millions.

It is only 1 sat , because an cunning & greedy individual is trying to trick the community into dumping.
He dropped ½ billion coins on the markets in the span of one hour.
How many coins do you know that could survive that onslaught.
Our marketcap was bouncing between $200,000 & $400,000 before the BTC manipulated market began, and we are still ~$300,000 , so just because BTC is currently way overpriced means very little, only that the majority of the trading moves to LTC & Doge Markets for the time being.

Using the Blockchain for a database is stupid , just as using for a programming language was stupid,
you have seen how someone just stole millions of eth because of a flaw in eth dao design, it will be lucky to survive the year.
Over time Blockchains will have to archive or delete as they grow with every new block, so any data store in those earlier blocks will be lost or not accessible to the general user. Using a Blockchain to hold smart contracts or public databases is too resource intensive, takes up too much drive space.

No worries ZEIT will still be here. Cheesy

Take your time in deciding if you want to join us unlike others we don't need to rush, as we are a slow and steady , not a pump & dump.

Cool

it is still hard to understand how fork , without new technology can be it top ,are you going to do something revolutionary or ? and what benefit has zeitknight , only to pay every year money for community and zeitcoin needs

kiklo

legendary

Activity: 1092

Merit: 1000

Quote from: byter.sky on June 19, 2016, 11:48:23 AM

i like zeitcoin , but i dont understand how this coin is going to become famous like ETH , so are going to do in future smartcontract or are you going to give people in afrika waterproject Roll Eyes

, now it is like another fork ,coin without any use , lots of zeit coins .So it is now 1 sat and tomorrow can be 0.1 sat or 0.01 sat for 1 i zeitcoin , if btc will go quick up.What is the plan to make zeitcoin very popular and to reach maybe 50 sat Huh

ZEIT will become a Barter System for the Entire Planet.
The Knights will be the support system that makes all ZEIT holders financially secure and helps countless millions.

It is only 1 sat , because an cunning & greedy individual is trying to trick the community into dumping.
He dropped ½ billion coins on the markets in the span of one hour.
How many coins do you know that could survive that onslaught.
Our marketcap was bouncing between $200,000 & $400,000 before the BTC manipulated market began, and we are still ~$300,000 , so just because BTC is currently way overpriced means very little, only that the majority of the trading moves to LTC & Doge Markets for the time being.

Using the Blockchain for a database is stupid , just as using for a programming language was stupid,
you have seen how someone just stole millions of eth because of a flaw in eth dao design, it will be lucky to survive the year.
Over time Blockchains will have to archive or delete as they grow with every new block, so any data store in those earlier blocks will be lost or not accessible to the general user. Using a Blockchain to hold smart contracts or public databases is too resource intensive, takes up too much drive space.

No worries ZEIT will still be here. Cheesy

Take your time in deciding if you want to join us unlike others we don't need to rush, as we are a slow and steady , not a pump & dump.

Cool

byter.sky

sr. member

Activity: 428

Merit: 250

i like zeitcoin , but i dont understand how this coin is going to become famous like ETH , so are going to do in future smartcontract or are you going to give people in afrika waterproject Roll Eyes

, now it is like another fork ,coin without any use , lots of zeit coins .So it is now 1 sat and tomorrow can be 0.1 sat or 0.01 sat for 1 i zeitcoin , if btc will go quick up.What is the plan to make zeitcoin very popular and to reach maybe 50 sat Huh

kiklo

legendary

Activity: 1092

Merit: 1000

Quote from: pufuletz on June 19, 2016, 04:30:25 AM

amazed you guys are still around. what's the point?

The Point is Simple, We will Never Quit until we Succeed.
Hmm , we will need to update the below graphics, next Knight entry date is March 2017.

Become a legendary zeight (ZEITKnight) and help us to help others.

Think of it like King Arthur and his Round Table, every one at the Table is Equal.
A Group of Men & Women banding together to make the Way of ZEIT a worldwide reality.
_______________________________________________________________________________ _
The ZEITKnight's End Game,
To make this World a Better Place for All who reside in it.
By making ZEITcoin into a tool that can help someone next door or someone across the world.
______________________________________________________________________________
Technically ZEITcoin is a Virtual Resource that is made by personal computers,
To make a ZEITcoin , you need CPU Labor, Electricity, Internet connection, & Time,
We combine those resources to make a ZEITcoin.
______________________________________________________________________________
ZEITKnights Current Goal List
https://bitcointalksearch.org/topic/m.9883182

Charities to Sponsor once the price of ZEITcoin is higher
https://bitcointalksearch.org/topic/m.9874339

ZEITSlogans
https://bitcointalksearch.org/topic/m.9874356
_______________________________________________________________________________ ___

The ZEITKnights began accepting members in Feb 2015.
Each ZEITKnights will hold 100 million zeitcoins to use 10% of their interest for charity in the future.
Our Maximum Number of ZEITKnights will be 300 ,currently there are 15 ZEITKnights that group will make history as supporters of this coin.
Only 285 seats at the Round Table are left.

pufuletz

member

Activity: 91

Merit: 10

amazed you guys are still around. what's the point?

ZEITCOIN

hero member

Activity: 588

Merit: 510

Quote from: oVPN on June 18, 2016, 06:59:29 PM

oVPN.to Anonymous VPN & Proxy Service added ZeitCoin!

Peace!
https://ovpn.to

Thanks!

OP updated under Merchants Accepting ZEIT .

solarion

hero member

Activity: 966

Merit: 513

Quote from: oVPN on June 18, 2016, 06:59:29 PM

oVPN.to Anonymous VPN & Proxy Service added ZeitCoin!

Peace!
https://ovpn.to

Sweet! Hafta check it out.

oVPN

member

Activity: 116

Merit: 10

oVPN.to Anonymous VPN & Proxy Service added ZeitCoin!

Peace!
https://ovpn.to

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

Quote from: uki on June 17, 2016, 12:57:41 PM

Please excuse me for the delay, I was waiting for my blocks to mature and end the PoS cycle. 3000 more confirmations to go and I'll send my yearly contribution to the pot.

Done. 2.8514 M ZEIT sent to the pot.
txid:
dcacfdfeae1ab47783ea07d34110f247d1bda2c55fcd432dc8a75dfe3bb7973d

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

Quote from: LionOfNarnia on June 17, 2016, 05:40:22 AM

7 donations, totalling 13,000,002 Zeit, have been made to the Knights' Fund so far.

- But that's only about half the number that should be made.

No name-and-shame at this stage, but please get your fingers out, loosen your wallets, and show your support for the coin & our wonderful community.

Quote from: LionOfNarnia on June 12, 2016, 08:22:43 AM

ABOUT THE TITHE

I see it, at its' heart, as both the practical expression of the Knightly virtue of charity, and a statement of faith in the future of our beloved coin.

As I understand it, the Tithe is a voluntary act. It's not a condition of Knighthood that an exact figure is calculated & required to be paid. Yes, there is a guideline of 10% of the interest gained on the 100,000,000 Zeit needed for Knighthood - which for the year up to March 2016 would be 1,500,000 Zeit - but as

a) The fund has not had the chance to gain interest on those donations due to - let's be honest here - apathy 'at the top'; &

b) Most of the Knights are actually holding substantially more than that 100 million,

my own feeling is that a somewhat greater show of generosity is in order, so that's what I've done. I hope other Knights feel the same.

Please remember that the PURPOSE of the fund is to both contribute towards the costs of maintaining the services essential to our continued growth; and to build the ability to create &/or support projects which are 'in-tune' with the long-term ethos of our shared vision of a better future for all mankind through the intelligent use of technology.

Also, there is no bar to any other holder of Zeitcoin from making a voluntary contribution to the fund - just because.

All that said, the address for this round of donations to the Knights' Fund is:-

MrLionJW5cAok3Es6CWiXD6W8kHm5YCygk

(Thanks to Ray for creating the custom addy for me. It will, of course, be locked with a secure passcode at all times.)

Remember that everyone can see the balance, and how many payments have been made, by using one of our block explorers ... or even from your own wallet.

OK, now that you've read all that, here's the easy-to-cut-paste version of the donation addy:-

MrLionJW5cAok3Es6CWiXD6W8kHm5YCygk

Please PM your TX IDs to Kiklo so he can keep a track of the who's & what's Wink

Here's mine - bf49cea39c9a01171f710cc656c24013f0e6eab1ab0c5a26a888b08d0df2df0b

Please excuse me for the delay, I was waiting for my blocks to mature and end the PoS cycle. 3000 more confirmations to go and I'll send my yearly contribution to the pot.

solarion

hero member

Activity: 966

Merit: 513

This ETH/DAO mess is making a mess of crypto trading while it's being sorted. Great read over on ZH about all this:

http://www.zerohedge.com/news/2016-06-17/bitcoins-largest-competitor-hacked-over-59-million-ethers-stolen-ongoing-attack

I'll stick with proven cryptos thanks.

LionOfNarnia

hero member

Activity: 938

Merit: 1000

Crypto-missionary to the Kingdom of Rhegged

7 donations, totalling 13,000,002 Zeit, have been made to the Knights' Fund so far.

- But that's only about half the number that should be made.

No name-and-shame at this stage, but please get your fingers out, loosen your wallets, and show your support for the coin & our wonderful community.

Quote from: LionOfNarnia on June 12, 2016, 08:22:43 AM

ABOUT THE TITHE

I see it, at its' heart, as both the practical expression of the Knightly virtue of charity, and a statement of faith in the future of our beloved coin.

As I understand it, the Tithe is a voluntary act. It's not a condition of Knighthood that an exact figure is calculated & required to be paid. Yes, there is a guideline of 10% of the interest gained on the 100,000,000 Zeit needed for Knighthood - which for the year up to March 2016 would be 1,500,000 Zeit - but as

a) The fund has not had the chance to gain interest on those donations due to - let's be honest here - apathy 'at the top'; &

b) Most of the Knights are actually holding substantially more than that 100 million,

my own feeling is that a somewhat greater show of generosity is in order, so that's what I've done. I hope other Knights feel the same.

Please remember that the PURPOSE of the fund is to both contribute towards the costs of maintaining the services essential to our continued growth; and to build the ability to create &/or support projects which are 'in-tune' with the long-term ethos of our shared vision of a better future for all mankind through the intelligent use of technology.

Also, there is no bar to any other holder of Zeitcoin from making a voluntary contribution to the fund - just because.

All that said, the address for this round of donations to the Knights' Fund is:-

MrLionJW5cAok3Es6CWiXD6W8kHm5YCygk

(Thanks to Ray for creating the custom addy for me. It will, of course, be locked with a secure passcode at all times.)

Remember that everyone can see the balance, and how many payments have been made, by using one of our block explorers ... or even from your own wallet.

OK, now that you've read all that, here's the easy-to-cut-paste version of the donation addy:-

MrLionJW5cAok3Es6CWiXD6W8kHm5YCygk

Please PM your TX IDs to Kiklo so he can keep a track of the who's & what's Wink

Here's mine - bf49cea39c9a01171f710cc656c24013f0e6eab1ab0c5a26a888b08d0df2df0b

kiklo

legendary

Activity: 1092

Merit: 1000

ZEIT Current Exchange Trading Status

Exchange	Status
alcurex	Online

Cryptopia	Online

SouthXchange	Online

Yobit	Online

Yobit is being DDOS on a semi regular basis , access may be spotty

Cool

kiklo

legendary

Activity: 1092

Merit: 1000

Quote from: halibit on June 15, 2016, 05:17:48 AM

ZEIT wallet is now ready on new alcurEX.
https://alcurex.com/#ZEIT-BTC

Thanks for all of your hard work Halibit.

Looking forward to trading on your updated exchange.

Cool

halibit

legendary

Activity: 1596

Merit: 1006

ZEIT wallet is now ready on new alcurEX.
https://alcurex.com/#ZEIT-BTC

kiklo

legendary

Activity: 1092

Merit: 1000

In the Weird Walmart / Canada News.

https://www.thestar.com/news/canada/2016/06/11/walmart-canada-will-no-longer-accept-visa-due-to-high-fees.html

Quote

All credit cards charge fees to retailers, which generally are between one per cent and 2.5 per cent of the cost of what’s being sold.
The fees depend on the type of card the customer is using — cash-back and premium cards generally have higher fees — and the type of retailer they’re shopping at.

Walmart Canada quietly made the announcement on Saturday that it would gradually stop accepting Visa cards at all of its locations, citing “unacceptably high” fees.

But a statement from Visa said the credit card company offered Walmart “one of the lowest rates available to any merchant in the country.”

Doug Stephens, a Toronto-based retail analyst and strategist, noted that both sides will likely see disadvantages to this deal.

“If you can’t walk into a mass merchant and use a Visa card, that’s going to seem very strange,” Stephens said.

“You can’t ignore the fact that Visa has a tremendous market share,” he said. But he added,
“If you do business with Walmart, and Walmart ceases to do business with you, you can’t help but feel that.”

kiklo

legendary

Activity: 1092

Merit: 1000

Thanks to our Mysterious Dumper,

Best Markets to buy
ZEIT can now be purchased right at 1 sat on
Cryptopia    ZEIT/BTC    $ 0.000007
SouthXchange    ZEIT/BTC    $ 0.000007

200 million on each.

Everyone may want to let BTC dump happen before eating up 2 many.
BTC only got between 4 & 14 days before their dumping begins.

LTC & Doge markets are selling higher.
Best Markets to Sell
SouthXchange   ZEIT/LTC     $ 0.000013
Cryptopia    ZEIT/DOGE $ 0.000016

Cool

FYI:
Yobit is back online for the moment.
Be sure you don't have more coins sitting there than what you are willing to lose, if they go down again.

Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 137. (Read 1009334 times)