Re: [XRA] RateCoin | PoS | Unique Generous Rewards | Low Supply Inflation
[Previous quoted post]
I think i know who the puppet master is of this "noob" account is.
Never the less, not sure if you said anything negative in regards XRA in your reply, you just validated few of my points and were way off base on the rest due to your lack of knowledge on the specs of the coin. Even still, your reply makes XRA sound better than 99% of the shitcoins out there, including yours, spots
1) Although I'm tagged a 'Newbie' because I rarely post, my account is not new. Neither am I. I've been around for quite a bit.
2) I'd like to know who the puppet master you think I'm supposed to be is. Or is that an attempt at a deflection from the real meat of the matter?
3) I was giving an honest opinion of Ratecoin. I see no value in being negative for the sake of being negative. I'm just pissed off in seeing another PressTab influenced POS coin luring me into a dead-end. Wasting my time and money. I think that is a fair comment that newer investors could verify for themselves.
4) I do have a knowledge of the specs of the coin. Tell me why you think my comments are wrong. You didn't in your reply. THAT is telling!
5) I'm not sure what you mean by my coin. Do you mean I own an altcoin, as is if I'm a developer, or something? I have holdings in a range of altcoins. "Spots?" What's that supposed to mean - is that your all-knowing guess at who you think I am supposed to be? Feeble. Pure nonsense. Stick to the point.
I think that intending investors should look at your reply for the very little substance that it contains.
1) Yes, you are a n00b.
2) And what is the "meat" of the mater?
3) wtf does this even mean? "PressTab influenced POS coin luring me into a dead-end"
4) even if you do know about the coin specs, its impossible for you to have utilized it to the fullest, with the highest bracket of interest stake payout by locking blocks, since the coin hasnt been around that long.
5) cant believe I just fed a troll.
By the way can you show proof of your loss? Trade history Or the address you were staking with?
If you can post what I requested above, I'll give you 50k XRA.
1) Look at my profile and you will see the date I registered was: July 28, 2014, 11:45:57 PM. I've been around well before then. Hardly a 'noob' in altcoin terms, but a relative noob to Ratecoin granted, despite this being my second time around. Both times I've been disappointed.
2) The meat of the matter was your post and the posts of others who weren't telling the full story. Ratecoin staking is loaded in favour of the largest stakeholders who have made it difficult for others to stake successfully. See my earlier posts.
3) The full quote for the relevant sentences were: "I'm just pissed off in seeing another PressTab influenced POS coin luring me into a dead-end. Wasting my time and money. I think that is a fair comment that newer investors could verify for themselves." Since you earlier took the level of the conversion down to excremental terms ("shitcoin"), may I ask: what part of 'pissed off' don't you understand? To paraphrase: I was highly disgruntled by the way in which coins having had PressTab's involvement have proven difficult for late adopters to stake - and seemingly easy for the few who have put a stranglehold around the coin. Other coins exhibiting PressTab's work include HyperStake and PayCon, both of which I have had experience of.
4) You are correct. I didn't feel like staying around to utilise this coin to its "fullest, with the highest bracket of interest stake payout by locking blocks, since" as you point out, "the coin hasnt been around that long." The coin has been out for five months. After my second try, it didn't take me long to come to my previous conclusion that this coin is just another HyperStake, only harder for 'newbies' to stake. One of my blocks consisted of the best part of a 100,000, staked for approximately two weeks with an estimated payout of 180 (or was it 108?) with a weight of well over a million. Hardly a sizeable return if it had staked then, but it looked like it wouldn't stake for a long time. The estimated days to stake were 1-1, then went up to 1-2 after several days. The block estimate went up from 0.2 to 0.29 days and stayed there for days. But that's not the point. The point is that the full story wasn't being told, and to be frank, it seemed to me, that it was being purposely held back. That's why I made my post.
5) Troll?! It's easy to namecall when you can't construct a proper argument, isn't it? My post was made in response to yours and others who weren't telling the full story (see point 2)).
By the way, my Ratecoin staking addresses were:
RHJjUjyTYR4uXuEmnU2M9RrDkmdrEbVLJU
RMA9qp1TqS5kx8DJPZCbi1Sh2MzPRzZknc
RJxKtQDXm6Rui3JTKxMUExLnXJvnC64SnD
RLXJSY8886thP86xviU96LNjxS5zTmz3s5
RBW9QVuNa1w12KVhzCLfCckRrLKeQBTvWY
and other minor ones were:
RP1nC2TyfUCgcoTXptzev7AXWdrXkv6fVh
RT3novRRxfPB4xSxCgEGvULhsiPwkek4c3
RBCpnGa2Sug4LZjo4w1f7NssR4Vy8mBhQr
RP1nC2TyfUCgcoTXptzev7AXWdrXkv6fVh
You can keep your 50,000 XRA. An apology would be more fitting. Otherwise, fully answer the comments made in my original post. I've shown you the courtesy in answering yours.
Well judging by your behaviour in your wallet addresses, you need to know something about staking. It's all about probabilities and your probability increases as your weight rises. With 50 000 XRA you are expected to stake once in less than three days (0.00064 * 480 / 0.8 = 0.384). Where 0.00064 is your portion of coin supply, 480 is stakes per day in whole network and 0.8 is assumption that 80 % of whole supply is staking constantly. So with 50k you are expected to receive 0.384 stakes per day.
I would split your 50k into 5 different 10k blocks as you don't have that much overall wallet weight with low amount of XRA you should have larger blocks. If you can't run your wallet 24/7 that 480 is smaller amount (480 * [hours wallet it on unlocked for POS] / 24). If you can run your wallet only eight hours per day it makes you stake once in 10 days. That period of time your blocks need to stay untouched, because if you alter your block size or send it to different address that block starts to build weight again from 0.
I do not understand why you have your xra in multiple addresses, but I really hope that they are in same wallet. That expected time to stake is fucked up in every POS coin there is and you should expect at least double that time. You might have to wait for first stake a bit longer than 3 days, but once your 5 block system starts to build up weight you should get your stakes on the average of 3 days. But as this is quite low amount of coins you are expected to get 4 cents every 3 days.
That's why I give you different strategy. Have one 50 000 block in your wallet and don't run your wallet for 256 days. After 256 days period you can start staking again to receive really high block reward, 25 %. So after that period of time you get 12500 stake in some period of staking and your total balance will be 62500. If you are still interested to change your opinnion and continue staking, please let us help if you don't know how to use coin control.