Post
Topic
Board Announcements (Altcoins)
Re: 💦[RAIN]💦X11💦ONLY DL FROM GITHUB!💦20,000,000 COINS BURNED!💦condensate.co💦
by
vella85
on 01/03/2018, 22:28:29 UTC
Nice, love coin burns, they always manage to make the coin increase in value. This is not an exception. Nice GitHub, name and logo too.
they have proven by burning the remaining coins, of course this is a good action from developers to keep investor confidence
the burning of this coin will have a good impact on prices, investors are satisfied because it will get a big profit

Can you guys please show me where it has been mentioned that the dev will be burning RAIN coins? I can't seem to find this anywhere, I know some people of the community suggested this but I haven't seen an official word from the dev about this. If it was posted in the slack group then please share the update here as I would like to see it.
i would guess he is refering to the title of this thread^^
as i am thinking to expand my invest- why should i split my blocks..is it only the more regular rain drop? Or anything beyond that? if i think of it as 40k stake every day x% (e.g. 1000) or a stake from the 10k block every forth day( e,g. 1000) with resutls in averrage of a stake every 1 day for 1000...so where would be the benefit of splitting? beside beeing able to spend 10k withot destroying the big stake-block;)

I have mentioned this many times before in this thread, the reason why its best to split your coins into blocks is so that you can stake more often. If you have one large block of say 100k you will stake fast however once you stake you then need to wait until it confirms and then wait until that lot of coins mature again for staking. Now if you had 5 x 20k blocks you might get 2 blocks stake quickly but have 3 more still staking while the first two blocks are confirming and then maturing. This gives you coins staking all the time.

okay, i can follow your argumentation - altough i have to admit i am not really convinced by the argument (i am sorry:( for me in the end once the 3 blocks staked have to mature as well..so for my understanding i feel "every coin" stakes once in a while and has then to mature...the compounding effect with more often and quicker stakes is a different topic )- however did anyone did a real comparision with actual numbers on this? or in other words about how much improvement do we talk here;)

Yes true but this is what has been working for me just fine. Like some days I could get 3 or 4 stakes in a day from those 3 or 4 blocks but then still have 1 block ready for staking while the other 3 or 4 blocks need to confirm and then mature for staking again. Also don't forget the rewards are random so if you had one large block you could get say 500 coins but with smaller blocks you could get 100, 200, 300 or 500 coins from each block making it more coins then the larger block. People can do what they want and try many things to see what works for them. This works for me so I'm sticking to it. Good luck!