Quote from: chisefu on September 18, 2016, 02:40:26 AM

Quote from: ReturnBits on September 18, 2016, 02:37:18 AM

Quote from: chisefu on September 18, 2016, 02:35:51 AM

Quote from: Xardas2014 on September 18, 2016, 02:21:32 AM

Quote from: ReturnBits on September 18, 2016, 02:06:38 AM

Quote from: Xardas2014 on September 18, 2016, 02:00:25 AM

Quote from: Thefrolly on September 18, 2016, 01:38:41 AM

Quote from: celot on September 18, 2016, 01:35:22 AM

Quote from: ReturnBits on September 18, 2016, 01:20:21 AM

Again the queue has filled up. It will slowly build funds until they can be paid out. It may take some time...

this PONZI ?

if you read the ann. page you see that the funds from the rtrust come from mining, since every block found gives 50 coins into the rtrust

At this point it will be 5+ days before mining can pay the unpaid. Very little point in sending in more Tier 1 coins.

Actually no, with the minimum buy in at 50,000.
Assuming there is 1440 blocks in 1 day at 60 second intervals
50x1440=72000
Thats more than enough to pay out assuming no new people send in.
The transaction last night was for 150,000 and still got paid out in a few hours. The more that is sent in, the faster the queue will go.
There is no need for new people to send in, This queue will be completely empty within a few hours.
3000 Coins come in every hour.

Actually yes. Using your best case scenario figure of 72,000 coins a day, you have an unpaid total of 418731/72,000=5.8 days

There's no best case scenario, there's going to be +/- 72,000 coins a day. It might be 70k it might be 74k. You just said 5.8 days according to his math, and he said 5+ days.

I bet every pending transaction, is paid out by the morning. Would you care to make a wager ?

I wouldn't make that wager.

I bet every pending transaction, is paid out by the morning.
In the sense no new funds come in, he is right. It will take 5~ days for the queue to completely empty out. As long as no one else sends in coins. No transaction has been stuck in the queue more than a few hours. Currently your talking about a pending transaction for a few thousand. The transaction last-night took 3~ hours, and it was a lot larger than the current pending ones. According to your math, it should have taken 15 days to pay out that transaction.

I have been watching the system pretty close, and I haven't seen any last more than a few hours.