★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 479.

Matni

full member

Activity: 126

Merit: 100

Quote from: shijilal on April 05, 2014, 06:39:04 AM

I am holding about 3-4 Million ZeitCoin for a long time.
I got one doubt.. What is this POS Means??

POS is Proof Of Stake. You can read about on the BTC Wiki

https://en.bitcoin.it/wiki/Proof_of_Stake

And if you have some questions, you'll get better answers if you ask over on the Zeit Forums

http://forum.zeit-coin.com/viewtopic.php?f=10&t=36&sid=a168bfdc94011265381ceab00a569c01

ghibly79

legendary

Activity: 1218

Merit: 1006

Crypto entrepreneur and consultant

Whales if you wanted to clear that 3 wall it's the right moment Grin

There is some buy pressure waiting to explode Wink

shijilal

member

Activity: 112

Merit: 10

I am holding about 3-4 Million ZeitCoin for a long time.
I got one doubt.. What is this POS Means??

LionOfNarnia

hero member

Activity: 938

Merit: 1000

Crypto-missionary to the Kingdom of Rhegged

Quote from: cryptohymen on April 05, 2014, 06:16:59 AM

Quote from: gazzamc on April 05, 2014, 06:03:51 AM

Quote from: cryptohymen on April 05, 2014, 05:47:28 AM

if we as a community, can begin to knock down this 3wall, i'd call that movement...

lol yea, I think i only saw it pass 3 once.

so, if you have something constructive to say or a better idea. im listening...?

Breaking down the walls is only important for those wanting to make a quick buck. For the future, the longer it stays low, the more our community can snaffle a bigger share of the pot.

There are still far too many 'espresso traders' (How do I pay for tomorrows' coffee?) who need to be relieved of their Zeit..

"Forgive them, for they know not what they hold"

Wink

cryptohymen

newbie

Activity: 5

Merit: 0

Quote from: gazzamc on April 05, 2014, 06:03:51 AM

Quote from: cryptohymen on April 05, 2014, 05:47:28 AM

if we as a community, can begin to knock down this 3wall, i'd call that movement...

lol yea, I think i only saw it pass 3 once.

so, if you have something constructive to say or a better idea. im listening...?

gazzamc

full member

Activity: 189

Merit: 100

Quote from: cryptohymen on April 05, 2014, 05:47:28 AM

if we as a community, can begin to knock down this 3wall, i'd call that movement...

lol yea, I think i only saw it pass 3 once.

cryptohymen

newbie

Activity: 5

Merit: 0

if we as a community, can begin to knock down this 3wall, i'd call that movement...

he-man

full member

Activity: 128

Merit: 100

as soon as my BTC is transferd I will be joining the party.

huige007

sr. member

Activity: 889

Merit: 253

400 began to the overthrow of 3Satoshi wall Cheesy

BeholdTheTrueWake

member

Activity: 70

Merit: 10

Quote

Time to tear down those sell walls guys

Seems to be all anyone cares about these days.
No aspirations for the movement?
Any ideas to share?

Oto3

member

Activity: 195

Merit: 10

Its better to eat that 22 btc wall @3 satoshi in one swift go before it moves to 4 satoshi and becomes 29 btc wall

Bluemustang

member

Activity: 147

Merit: 10

Nice 1z/block now. Time to tear down those sell walls guys

ydrogios

sr. member

Activity: 434

Merit: 250

Quote from: Matni on April 05, 2014, 04:33:19 AM

Quote from: gazzamc on April 05, 2014, 04:16:06 AM

Quote from: Matni on April 05, 2014, 03:22:22 AM

Quote from: gazzamc on April 04, 2014, 10:45:27 PM

Any plans on making a Zeitcoin Multipool? It seems to be the in thing Cheesy

It would also eat up all those sell walls and make the coin actually worth something, After it hits 1 Zeit per block no one will mine anymore, why will they when they can just buy at 2 - 3 sat (or not since it's not worth holding right now).

Mulitpools have been mentioned about a dozen times in the last 100 pages. The general thinking is they help destroy smaller coins so if you want one, build it, if you can't build it, find someone who can. Some of us who have been very active on this thread and are now very active on the Zeit forums (link in my sig) don't think a mulitpool is a good idea. If you want Zeit, buy it and POS it.

I already have a few Million Zeit, i just don't want to POS it for ever, since it's value seems to be stuck between 1 - 3 sat... I've been mining/keeping track of this coin since day one. What's the point of POSing the coin if all you gonna do is grow your wallet, which you can't empty right now and break even on time/mining costs invested.

The price won't be stuck at 3 sat for long, there is a whale with the BTC to eat tha wall right now, he's just getting some more together to start attacking the 4 sat wall.

And this is only interesting for people who think dumping Zeit is a good idea. Some of us have no intention of selling this side of 2015.

And one last thing, Zeit/LTC is up 33% on Cryptay since yeaterday, there are less silly sell walls is there is more movement

+1

We are not selling because this coin has large prospective

Matni

full member

Activity: 126

Merit: 100

Quote from: gazzamc on April 05, 2014, 04:16:06 AM

Quote from: Matni on April 05, 2014, 03:22:22 AM

Quote from: gazzamc on April 04, 2014, 10:45:27 PM

Any plans on making a Zeitcoin Multipool? It seems to be the in thing Cheesy

It would also eat up all those sell walls and make the coin actually worth something, After it hits 1 Zeit per block no one will mine anymore, why will they when they can just buy at 2 - 3 sat (or not since it's not worth holding right now).

Mulitpools have been mentioned about a dozen times in the last 100 pages. The general thinking is they help destroy smaller coins so if you want one, build it, if you can't build it, find someone who can. Some of us who have been very active on this thread and are now very active on the Zeit forums (link in my sig) don't think a mulitpool is a good idea. If you want Zeit, buy it and POS it.

I already have a few Million Zeit, i just don't want to POS it for ever, since it's value seems to be stuck between 1 - 3 sat... I've been mining/keeping track of this coin since day one. What's the point of POSing the coin if all you gonna do is grow your wallet, which you can't empty right now and break even on time/mining costs invested.

The price won't be stuck at 3 sat for long, there is a whale with the BTC to eat tha wall right now, he's just getting some more together to start attacking the 4 sat wall.

And this is only interesting for people who think dumping Zeit is a good idea. Some of us have no intention of selling this side of 2015.

And one last thing, Zeit/LTC is up 33% on Cryptay since yeaterday, there are less silly sell walls is there is more movement

BeholdTheTrueWake

member

Activity: 70

Merit: 10

Quote from: jdebunt on April 05, 2014, 04:06:47 AM

http://www.cryptoarticles.com/crypto-news/2014/4/5/zeitcoin-block-reward-dropping-to-1-zeit-per-block

Small article for ZeitCoin

Nice, thanks for the write up.
Will share in the Zeit forum.

gazzamc

full member

Activity: 189

Merit: 100

Quote from: Matni on April 05, 2014, 03:22:22 AM

Quote from: gazzamc on April 04, 2014, 10:45:27 PM

Any plans on making a Zeitcoin Multipool? It seems to be the in thing Cheesy

It would also eat up all those sell walls and make the coin actually worth something, After it hits 1 Zeit per block no one will mine anymore, why will they when they can just buy at 2 - 3 sat (or not since it's not worth holding right now).

Mulitpools have been mentioned about a dozen times in the last 100 pages. The general thinking is they help destroy smaller coins so if you want one, build it, if you can't build it, find someone who can. Some of us who have been very active on this thread and are now very active on the Zeit forums (link in my sig) don't think a mulitpool is a good idea. If you want Zeit, buy it and POS it.

I already have a few Million Zeit, i just don't want to POS it for ever, since it's value seems to be stuck between 1 - 3 sat... I've been mining/keeping track of this coin since day one. What's the point of POSing the coin if all you gonna do is grow your wallet, which you can't empty right now and break even on time/mining costs invested.

ydrogios

sr. member

Activity: 434

Merit: 250

Also at http://zeit.hashstrike.com 1 zeit/block

jdebunt

legendary

Activity: 1596

Merit: 1010

http://www.cryptoarticles.com/crypto-news/2014/4/5/zeitcoin-block-reward-dropping-to-1-zeit-per-block

Small article for ZeitCoin

Matni

full member

Activity: 126

Merit: 100

"version" : "v1.0.1.0",
"protocolversion" : 60006,
"walletversion" : 60000,
"balance" : ********
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 120961,
"moneysupply" : 27122222371.28296280,
"connections" : 12,
"proxy" : "",
"ip" : "81.107.172.228",
"difficulty" : 2.97396757,
"testnet" : false,
"keypoololdest" : 1394749427,
"keypoolsize" : 102,
"paytxfee" : 0.01000000,
"unlocked_until" : 10001396584405,
"errors" : ""

HASH.so got the first 1/Zeit coin

120961 48 left anonymous 05/04 08:58:57 2.97 1.00 12,181 25,860 36,923 303.12

ydrogios

sr. member

Activity: 434

Merit: 250

We have a great forum come there and talk about everything

Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 479. (Read 1009352 times)