Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 35. (Read 1009334 times)

I submitted a request for Coinmarketcap to add the Zeit/BTC at Alcurex. Others should do it as well. I am also working with CoinExchange to get the Zeit wallet synched up. They are actually responding to me and I am utilizing Kiklo's expertise to help me walk them through the process. Hopefully they will get it fixed for us soon. I could honestly care less about YoBit, though. I don't trust them at all.

I know that I'll keep zeit until it get lindacoin  😜

Transaction fees are fixed at .01 .

You would have to make sure your node is secure from hacking and make backups in case the hard drive fails.
Those are things you should already be doing.  


 

The new page is currently under construction - it will be ready when it's ready ;-)
(Spoiler: end of february is a realistic date - yes i know we don't have a leap year...)

The redirection to bitcointalk topic is still in place because of:

• the new page isn't ready
• the old page has been hacked and the vulnerability hasn't been closed

Any idea when the website will be up again?
Saw a message last week, but website is still redirecting to this bitcointalk topic.

We begin to fill these exchanges with messages every day, in the end, they update their wallets.

hi (Caballero) Kiklov
"2.  Buy up a large quantity comparable to a ZEIT Knight so that you will be able to stake daily.
Hopefully by 2019 , we will be pushing out a code update that will credit stakers with the transaction fees for all of the transactions they include in a block.
As time goes on , and the # of people using the network increases , the # of transactions fees increase.
Transaction fee of .01 paid by 2000 transactions = a fee of 20 ZEIT per block
So when ZEIT =
1 Penny  = You earn 20 cents for every block of just transaction fees
1 Dollar  = You will earn $20 for every block of just transaction fees
10 Dollar = You will earn $200 for every block of just transaction fees
100 Dollar = You will earn $2000 for every block of just transaction fees"

1-if i make a node whit 1000 zeitcoin 24/7 (365) this transaccion feed its the same if i  make a node whit 100M zeitcoin ?

2- if a need a node whit 100M Zeit 24/7 what about security thing for example ,hacking or broken HD etc etc ?

What we need is exchanges (CoinExchange & Yobit) to quit being incompetent and sync their wallets.
ZEIT is selling for 5 satoshi on Yobit and 3 satoshi on CoinExchange.
Plus all of their ZEIT trading volume is not even included in our CMK trading volume and it is in the thousands.  


 

Because... 0,005%=0,00005
Apart from this...these days I have involved other 4,5 people to acquire Zeitcoin.
The future is in our hands!

Yup. Agreed. But Zeit is a community coin and we collectively have to work to achieve those things. It's not an ICO where funds are kept aside to spend on such things.

in this case add it to the stock exchange with good turnover? Need to increase daily trades and to raise the price , due to low prices Cryptopia closed the btc market...

Zeit is through the phase where it needed to create more coins. What's needed now is to create more value per coin.

Every similar coin like Zeit has about a 500 million dollars market cap with DOGE and Bytecoin has about a billion dollar marketcap, which ZEIT is also deserving, and the question is WHEN and not IF.

Zeit is a very attractive purchase at the moment because it will DEFINITELY will have that marketcap and once that happens the price will be 1000x from the current price.

Creating more and more coins doesn't help in creating more value per coin.

In this case, it makes No sense to keep coins with a view to their increase, at least until the price was raised to 1000 - 10,000 times. This investment for an indefinite long time! To keep the coins only for security purposes, because the exchange may lose all the coins

Hmm,  Lets try again:
If you have 1000000 ZEIT,
1000000 * .0005% =  5  coins   / 12 months = 0.417 coin per month  
(You will only make ~5 New coins per year)
or
1000000 * .0005% =  5  coins   / 365 days =   0.0136986 coin per day  


All of the zeitcoins in existence
36,971,176,414 * .0005% =  184855.88207  New coins (for the year) / 365 Days = 506 coins per day
If everyone staked all of their coins Daily, we see an average of ONLY ~506 new coins created per day as an average.


 

 

1000000 * .0005% =  500  coins   / 12 months = 41.66 coin per month     41.66 how to calculate 0.05% ?

If you have 1000000 ZEIT,

1000000 * .0005% =  5  coins   / 12 months = 0.417 coin per month

You will earn more if you stake every day , as each day is compounded interest.

This is what Ultra Low Inflation looks like, there will not be massive dumping in the future once more ZEIT finds a stable home.

The Entire coin amount on average will make less than 500 new coins per day.
As you can monitor here: https://chainz.cryptoid.info/zeit/#!overview

This has the advantage of as new money flows into ZEIT, the price per coin will increase over time, not decrease like coins that are hyper inflated.

If you are looking to make money with ZEIT.
Here are your options:
1.  Buy ZEIT and wait for the price per coin to increase and then sell.
or
2.  Buy up a large quantity comparable to a ZEIT Knight so that you will be able to stake daily.
Hopefully by 2019 , we will be pushing out a code update that will credit stakers with the transaction fees for all of the transactions they include in a block.
As time goes on , and the # of people using the network increases , the # of transactions fees increase.
Transaction fee of .01 paid by 2000 transactions = a fee of 20 ZEIT per block
So when ZEIT =
1 Penny  = You earn 20 cents for every block of just transaction fees
1 Dollar  = You will earn $20 for every block of just transaction fees
10 Dollar = You will earn $200 for every block of just transaction fees
100 Dollar = You will earn $2000 for every block of just transaction fees

You have the opportunity to stake 2880 times per day , the more you stake the more fees you earn.
Your Fees can be sold daily and not affect our inflation rate like running a high interest rate would.
Also if you sell only your fee profit, your staking rate stay basically the same giving you a consistent paycheck on a daily basis. 

You will earn more by processing transactions than you do from the Ultra Low interest rate.  


 

how many coins will be added within 1 month , if translated into purse 1000000zeit ?

Paper wallets are just a way to store the private key,

You still have to get a wallet synced and Import the Private Key into a working wallet before you can stake or spend the coins.


 

There we have to disagree, this coin can be used to replace paper currencies.

When the people of the world start to do that is up to them, however the capacity to do so is in the coin right now.

The final goal of this coin is not to be traded for fiat back and forth like gold as a commodity.

The final goal of this coin is that people send it directly between each other as a form of payment, never wanting to convert to another type of currency.


 

The coin has no practical application... just like 99% of all coins and tokens. It is simply a tool of speculation , so why this coin is in peace? Maybe an active community it makes sense to organize themselves. Wait that someone will do it for You , naive is a very loyal expression. Good coin , I bought a 1M