Somebody with more or less 270 mill ZEIT has the wall at 5 satoshis. He moved it from 4 to 5 sat, minutes ago. I think that he is the same person all this time...
Price control to avoid huge spike before pool gets to buy cheap for early adopters.
Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 452. (Read 1009280 times)
April 13, 2014, 01:04:45 PM
Price control to avoid huge spike before pool gets to buy cheap for early adopters.
April 13, 2014, 12:55:02 PM
Yeah, pretty happy so far. I've made some real stinker investments by jumping on whatever train was rolling. This time I just went for something that seemed well managed/presented and paid a decent return(25%). I'm only investing in PoS coins at this point with btc diff climbing and fiat exchange rates dropping like a rock. The power company doesn't take bitcoin. 
Indeed i was quite surprised and happy to see we've already made it to 5sat.
Though cryptsy prices are behaving differently now. Before it was slightly more profitable to buy/sell on cryptsy (because breaking it up into smaller ltc prices the bid/ask spread is comparatively lower) now cryptsy is less profitable. Just shortly ago cryptsy was at 194 latoshi which is about the same as mintpal at 5 sats. Now they just plunged to 155ish latoshi and put up some fairly large walls between that and 190s. Also with a whole row of .05 sells. to seperate the larger walls.
Someones working hard to keep the price down. I wonder why.
But the 4sat buy wall is thin. Move your buys from the 3 wall to the 4 wall guys.
April 13, 2014, 12:47:41 PM
Yeah, pretty happy so far. I've made some real stinker investments by jumping on whatever train was rolling. This time I just went for something that seemed well managed/presented and paid a decent return(25%). I'm only investing in PoS coins at this point with btc diff climbing and fiat exchange rates dropping like a rock. The power company doesn't take bitcoin.
Me too. I lost more than 5 BTC with EAC. I also only seek out PoS coins. They will generate new coins by themselves - especially with summer coming soon.
April 13, 2014, 12:42:42 PM
Seriously guys do a tiny bit of reading.
Your hashes are going to wafflepool. Wafflepool is a multipool that's mining multiple coins and converting your hashes into btc and sending them to zeitpool. Zeitpool will then use the btc to buy zeitcoin on mintpal and send the zeit to you.
Your hashes are going to wafflepool. Wafflepool is a multipool that's mining multiple coins and converting your hashes into btc and sending them to zeitpool. Zeitpool will then use the btc to buy zeitcoin on mintpal and send the zeit to you.
I think i get how its working now. But that particular mechanic wasnt clearly explained in the zeitpool writeup. A paragraph on how it works would alleviate a lot of concerns. So rather than "seriously guys" some explanation would be more useful.
I believe from looking how it works is wafflepool eventually turns my hashes into btc then whoever has control of the zeitpool server or however its done that determines who gets paid in zeit will manually sell my btc for zeit and send to my zeitcoin associated wallet.
April 13, 2014, 12:38:31 PM
Yeah, pretty happy so far. I've made some real stinker investments by jumping on whatever train was rolling. This time I just went for something that seemed well managed/presented and paid a decent return(25%). I'm only investing in PoS coins at this point with btc diff climbing and fiat exchange rates dropping like a rock. The power company doesn't take bitcoin.
April 13, 2014, 12:35:33 PM
wow so zeit is going up and up. for the first time i did a good investment. but coinex shat on it 
April 13, 2014, 12:34:45 PM
Umm guys i just finally got a payment from waffle, at least according to their site i did.
2014-04-13 15:20:13 0.00262294 985c82a64d0b03492e9623300a2c238fd5c882609d31f06298d706d688af71c8
Thats a payment in bitcoins, this is supposed to be paid out in zeitcoins. Whats going on?
I did as it said on zeitpool.zeit-coin.com I put in my zeitcoin address and it gave me a bitcoin address to use in cgminer.
I got no payouts in zeitcoin so if it paid out in bitcoin to the address it told me to use that was generated from putting in my bitcoin address....That isnt even my bitcoin address its what they provided me.
Advice?
2014-04-13 15:20:13 0.00262294 985c82a64d0b03492e9623300a2c238fd5c882609d31f06298d706d688af71c8
Thats a payment in bitcoins, this is supposed to be paid out in zeitcoins. Whats going on?
I did as it said on zeitpool.zeit-coin.com I put in my zeitcoin address and it gave me a bitcoin address to use in cgminer.
I got no payouts in zeitcoin so if it paid out in bitcoin to the address it told me to use that was generated from putting in my bitcoin address....That isnt even my bitcoin address its what they provided me.
Advice?
Don't worry,as they previously said it's a manual process.. So will take time and you will get it as ZEITCoins to your ZEITCOIN Address.
April 13, 2014, 12:33:56 PM
Yeah I got a payout from wafflepool too. 
The paid was made in your bitcoin wallet??ZEIT should be his wallet!
April 13, 2014, 12:33:10 PM
Yeah I got a payout from wafflepool too.
The paid was made in your bitcoin wallet??Negative. That'd be impossible as I don't control the btc wallet that was used to do the mining. It was assigned to me by zeitpool.
April 13, 2014, 12:32:22 PM
Seriously guys do a tiny bit of reading.
Your hashes are going to wafflepool. Wafflepool is a multipool that's mining multiple coins and converting your hashes into btc and sending them to zeitpool. Zeitpool will then use the btc to buy zeitcoin on mintpal and send the zeit to you.
Your hashes are going to wafflepool. Wafflepool is a multipool that's mining multiple coins and converting your hashes into btc and sending them to zeitpool. Zeitpool will then use the btc to buy zeitcoin on mintpal and send the zeit to you.
April 13, 2014, 12:26:30 PM
Yeah I got a payout from wafflepool too.
The paid was made in your bitcoin wallet?? April 13, 2014, 12:25:55 PM
Umm guys i just finally got a payment from waffle, at least according to their site i did.
2014-04-13 15:20:13 0.00262294 985c82a64d0b03492e9623300a2c238fd5c882609d31f06298d706d688af71c8
Thats a payment in bitcoins, this is supposed to be paid out in zeitcoins. Whats going on?
I did as it said on zeitpool.zeit-coin.com I put in my zeitcoin address and it gave me a bitcoin address to use in cgminer.
I got no payouts in zeitcoin so if it paid out in bitcoin to the address it told me to use that was generated from putting in my bitcoin address....That isnt even my bitcoin address its what they provided me.
Advice?
2014-04-13 15:20:13 0.00262294 985c82a64d0b03492e9623300a2c238fd5c882609d31f06298d706d688af71c8
Thats a payment in bitcoins, this is supposed to be paid out in zeitcoins. Whats going on?
I did as it said on zeitpool.zeit-coin.com I put in my zeitcoin address and it gave me a bitcoin address to use in cgminer.
I got no payouts in zeitcoin so if it paid out in bitcoin to the address it told me to use that was generated from putting in my bitcoin address....That isnt even my bitcoin address its what they provided me.
Advice?
April 13, 2014, 12:24:29 PM
There be whales in them there waters! 
April 13, 2014, 12:18:39 PM
I see my 1 sat investment is paying off 
was gonna push some more at 4 sat but looks like I dont have to .
was gonna push some more at 4 sat but looks like I dont have to . April 13, 2014, 12:15:43 PM
Yeah I got a payout from wafflepool too.
April 13, 2014, 12:10:58 PM
Somebody with more or less 270 mill ZEIT has the wall at 5 satoshis. He moved it from 4 to 5 sat, minutes ago. I think that he is the same person all this time...
April 13, 2014, 12:04:17 PM
That's great news. I just bought half a million Zeits..I guess i lose the ones in cryptocrap so had to get in and buy a few..
April 13, 2014, 12:03:02 PM
Pool received a payout from waffles .. ... Bitcoins sent to you: 0.03157773
GO GO GO !
I'm adding another 4MHs now I see it pays.
GO GO GO !
I'm adding another 4MHs now I see it pays.
April 13, 2014, 12:02:07 PM
5sat !!!!!!!!
April 13, 2014, 11:48:02 AM
Yeii for article .. hehe. What coin address is that please?
That is a ZeitCoin address
Good .. Good .. 200k on their way
Choo-Choo .. All Aboard! https://www.youtube.com/watch?v=O5CXbIWYS3c&feature=player_detailpage#t=2519
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