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Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 75. (Read 1009280 times)

newbie
Activity: 40
Merit: 0
I think it is the last period when becoming ZEIT knight will cost 1-2 BTC and if 5 new knights come they would simultaneously double the market price and no more cheap coins Smiley
hero member
Activity: 714
Merit: 500
y²=x3+ax+b, a=0,b=7
Ok, all good and valid reasoning.  I'll sit tight.  Not like I was dumping anyway, but the price was a bit discouraging for a moment.  Looks like it rebounded some.
Its been traded under the radar for a while now. I am expecting a huge increase in market action very soon. Hold tight guys.  Wink
full member
Activity: 224
Merit: 100
ZEIT Price per coin

Using CoinMarketcap as a reference

August 28th, 2014  Price per coin in US Dollars was  .000001
August 28th, 2015  Price per coin in US Dollars was  .000008
August 28th, 2016  Price per coin in US Dollars was  .000011
August 26th, 2017  Price per coin in US Dollars   is ~.000063

Every year for 4 years straight, ZEIT has not only held even but increased in price verses fiat every year.

The Next 4 years will be no different.  Wink


 Cool
full member
Activity: 178
Merit: 100
Ok, all good and valid reasoning.  I'll sit tight.  Not like I was dumping anyway, but the price was a bit discouraging for a moment.  Looks like it rebounded some.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
Whoa... why the drop in Zeitcoin price?  Sad
https://coinmarketcap.com/currencies/zeitcoin/

Even htmlcoin has increased by a shit ton...
https://coinmarketcap.com/currencies/htmlcoin/

I don't like it.  

  there's prolly quite a few holders that don't like recent changes to Zeitcoin Code, dumping ...  might be a short while, but i think it will turn around
don't think that people holding this coin for a longer while, will be dumping now at this price. Dumping may not be related to the recent change in the pos rate.
member
Activity: 102
Merit: 10

Voted for Zeit... look back in the posts for the link provided to find list of coins to vote...
legendary
Activity: 1696
Merit: 1016
legendary
Activity: 1894
Merit: 1001

 Hi Varvarin, yea, once or twice .... good to see you & i remember some tunes too

  but your new avi - are you OK?   Cheesy
legendary
Activity: 1130
Merit: 1000
No good deed goes unpunished
Whoa... why the drop in Zeitcoin price?  Sad
https://coinmarketcap.com/currencies/zeitcoin/

Even htmlcoin has increased by a shit ton...
https://coinmarketcap.com/currencies/htmlcoin/

I don't like it. 

  there's prolly quite a few holders that don't like recent changes to Zeitcoin Code, dumping ...  might be a short while, but i think it will turn around

Hey Groggin, I thought I saw you somewhere where I hang out Smiley

...

ZEIT PoS is over so there aren't new coins being made and it will just take some time to hoover up the sellers. BTC spike is taking it's toll on many alts.
full member
Activity: 224
Merit: 100
Whoa... why the drop in Zeitcoin price?  Sad
https://coinmarketcap.com/currencies/zeitcoin/

Even htmlcoin has increased by a shit ton...
https://coinmarketcap.com/currencies/htmlcoin/

I don't like it. 

  there's prolly quite a few holders that don't like recent changes to Zeitcoin Code, dumping ...  might be a short while, but i think it will turn around


People were dumping since we were at 6 satoshi around mid June (over 6½ million Marketcap) when we were at the 5% rate generating Millions of new coins per day.
ULI activated and some are still dumping at a slower rate, the great thing now is they will run out of coins to dump , where as before they had a never ending supply of free interest to drop. It will take some time, but the price will stabilize and then grow, economically it is the only logical outcome.


 Cool
legendary
Activity: 1894
Merit: 1001
Whoa... why the drop in Zeitcoin price?  Sad
https://coinmarketcap.com/currencies/zeitcoin/

Even htmlcoin has increased by a shit ton...
https://coinmarketcap.com/currencies/htmlcoin/

I don't like it. 

  there's prolly quite a few holders that don't like recent changes to Zeitcoin Code, dumping ...  might be a short while, but i think it will turn around
full member
Activity: 178
Merit: 100
Whoa... why the drop in Zeitcoin price?  Sad
https://coinmarketcap.com/currencies/zeitcoin/

Even htmlcoin has increased by a shit ton...
https://coinmarketcap.com/currencies/htmlcoin/

I don't like it. 
full member
Activity: 224
Merit: 100
rip Kiklo
murdered by the "trusted" mob

i do hope KikloV
does post bootstraps  Grin Wink

No Worries.

Latest Snapshot :  August 10
https://www.cryptopia.co.nz/Forum/Thread/1336?postId=7831

Kiklo is like the Phantom of Legend, when one falls , another takes over , so the evil doers think he is Immortal. Cheesy


 Cool



member
Activity: 163
Merit: 13
rip Kiklo
murdered by the "trusted" mob

i do hope KikloV
does post bootstraps  Grin Wink
full member
Activity: 224
Merit: 100
all my chunks are ~2.6m, and are returning about .05 ZEIT  per stake. i'm getting lots of orphans too though  Undecided

at least you're earning something?

wallet is online since and before ULI activated, coins were sent to new addr after ULI activation, but only producing orphans, lots of orphans... any ideas?


Make sure your Time on your PC is correct.
Hold your mouse over the blue check mark and make sure you are in sync before unlocking your wallet.

Recombine your coins into larger amounts per block.  
The Higher the amount the less likely it will orphan.

For the next 45 days or so we still have blocks completing from the old style and new style,
with any luck the orphan rate in the clients will decrease after that time.


 Cool

FYI:
Also make sure you are on version 2.0.2.1 , as older versions are not able to stake and will orphan.

FYI2:
Windows Firewall may be causing random disconnects interfering with your staking or staying in Sync, be sure that ZEIT is in the allowed list.
Windows :
Click start, click control panel, click Windows Firewall,
Make a note on which network is connected Home/Work or Public
Then Click on Allow a Program or feature thru Windows Firewall , click allow another program, click browse ,
then go to the folder with zeitcoin-qt.exe , select zeitcoin-qt.exe  , click open, click add ,
It should then be in the list of allowed programs with a check mark to the left and a check mark on the right side under home/work or public.  Click OK , and then reboot.
member
Activity: 116
Merit: 10
all my chunks are ~2.6m, and are returning about .05 ZEIT  per stake. i'm getting lots of orphans too though  Undecided

at least you're earning something?

wallet is online since and before ULI activated, coins were sent to new addr after ULI activation, but only producing orphans, lots of orphans... any ideas?
legendary
Activity: 1894
Merit: 1001
So I understand staking takes a while. Fine, but is it normal for my wallet to start staking 1/1000000 of my total balance every 10 minutes and losing it after 1 confirmation? ( wallet is synced )

Andy

  hi Andy - the amount that you stake depends on the size of the data 'chunks' in your wallet. for example, suppose you have a 2 year old wallet that's been staking that long ... under the old system, every transaction would split every 'chunk' that stakes, so over time, you have hundreds or thousands of small inputs, like 100 -300 ZEIT each, which would only remit a very small reward under ULI

  to fix it, enable coin control: menu bar>settings>options>display tab>Display coin control features

then go to the [send] tab, and you'll see some new stuf

hit the 'inputs' button, and using this you can combine the small inputs into larger ones by creating a transaction to yourself. you can send/recieve from the same addy, or create a new one to recieve the transaction  Smiley

 all my chunks are ~2.6m, and are returning about .05 ZEIT  per stake. i'm getting lots of orphans too though  Undecided

also, you'll only have to do this once under ULI, as the chunks will no longer be split

newbie
Activity: 33
Merit: 0
So I understand staking takes a while. Fine, but is it normal for my wallet to start staking 1/1000000 of my total balance every 10 minutes and losing it after 1 confirmation? ( wallet is synced )

Andy
hero member
Activity: 1862
Merit: 590
Okay thanks as this will save time combining blocks like I need to do with other staking coins as most don't have stake threshold feature. Looking forward to earning my first stake with the new ULI wallet and still my leaf icon says no blocks for mining but its been over 24 hours now since I combined my coins into 1 block and it was after the ULI. Is the leaf icon meant to change colour when it is mining?  

The leaf only turns green , when your wallet is locked to let you know you have coins ready to stake, so you know to unlock it. Ready to stake does not guarantee it will stake immediately as it is competing with other network blocks for the right to stake.

When the wallet is unlocked and minting it stays grey even if you are staking blocks.


 Cool

Thank you for the reply, now I understand everything I need to know when it comes to staking my Zeit coins. You have been a great help! I'll be buying some more Zeit in the next couple of days as the price is still this cheap and also to build on my staking weight so I'm able to compete for more stakes.
full member
Activity: 224
Merit: 100
@cyberminer666

As far as Smart contracts or Anon goes,
In Time, We expect 3rd parties to support these roles for the users that need them.

Our Goal here is to have a fast / secure / energy efficient coin that is affordable for the world's populace,
if no one uses it for anything other than a payment system, that is their choice.
But a digital locking system , and voting system is something that Bitcoin already costs too much too be practical, but for ZEIT our affordability makes it a possibility for the right software designer.

Making False Promises about having smart contracts or saying that Onchain Transactions can be anonymous, is not something we do here.
True Anon can only be accomplished by 3rd Parties conducting transactions offchain, as such onchain anon is merely an illusion to fool investors.

ZEIT is open and honest, we are a fast / secure / energy efficient coin.
If you need more than that , good luck in your search.  Smiley


FYI:
Retail Transactions:
Even thru ZEIT is blazingly fast compared to most coins.
No coin's onchain network meets the speed requirement of being almost instant.
However 3rd parties such as Cryptopia & NovaExchange have an Offchain service where you can immediately transfer coins offchain to another user and let you redeem them later onchain.
And due to their almost instant nature of offchain transactions, is more than fast enough and more than affordable enough for a simple coffee purchase.
ZEIT is on both of those exchanges.  

 
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