Wow, thats terrible way of looking at things considering you run a business.

You can't even compare the two at all, not in the slightest.

The only way you can compare the two would be this way.

When i get paid, i would then add 30% on the final sales price.

Shapeshift work the other way, they simply give a customer 30% less than what anyone could get for it else where.

Like Poloniex or cryptsy.

I was merely trying to warn people about thinking twice when using a service like this.

Seriously, 30% price difference is massive, there are many poor unsuspecting people in the world and the way i see it, these companies take advantage.  

I am sure i am not the only one with these views either.  As somebody who wants people to get the BEST deals, then i will warn people if they are not getting a good deal.


Just like i would praise anyone offering Great deals.

It would be nice to see services offer better rates and compete with exchanges.

How many people here would be happy if they went to the bank, changed $10 and only got $7 back.  Its the same thing.

See staking has gone down a lot. Thats because i have sold half of what i had and will be selling the rest from now till end of the year.

Really?  So you think it is a "respectable Business" to give people 30% less than market value.

Because i dont.  I see it as ripping people off.  End of story.

But, EVERYONE is entitled to their view.

Have a nice day.

To be fair, anyone using Shapeshift is completely stupid.

always terrible rates, Right now IOC is trading at a average price of 4500 Sats

If you sell on Shapeshift right now, they will give you the appalling rate of 2988 Sats

A massive Loss of 30% exchange value.   

I would advise anyone to stay well clear of these ripp of merchants,  should be called ShapeShifty  !

If anyone here wants to sell IOC make a post here and get a much better rate.

Just taking a quick look at the first page and top image it says

"2% Constant Intrest"  
So it should be a case of when ever you are staking you get 2%.

To be honest, staking rewards is a bit of a mystery there are several variables, the number (percentage) of people staking will also determine  your chances of getting stake rewards, the higher the percentage, the more people staking, the less likely you are to get  the reward.

Staking reward system for ALL POS coins is plain overcomplicated and hard to understand.

I/O Coin should work on this fact and be the First coin to make rewards much more simplified.

So for now.
 The only way to work things out is to stake daily.
 Record the number of hours each day.

Then in your wallet, Transaction Tab.
second drop down menu, select MINED.

And note down how many coins you got for that day.

See what you have over the week.

Rinse and repeat, then in 4 weeks Add up the total hours
Divide this by the total coins received
and  you will have a very good idea of how many coins you will get per day (24hrs).

Also, when it comes to staking, extra coins are simply a bonus, the most important reason for staking is to secure the network.

GOOD QUESTION!

Look at Staking Like Fishing.

If you have your "line" in the water 24/7.  You are going to catch more "fish" than someone who just throws the line in "now and then" for several hours at a time.


Remember, when coins stake, your wallet is competing against other wallets to win the stake "reward".

So the longer you can stake in one continuous session, the better.


I am unable to stake 24/7.  But i simply stake from the moment i wake up, till the moment i go to sleep, which is often from 8am to 10pm.  7 days a week. I get good stake rewards.

Also, referring back to the "fishing example"
I understand, the more Hooks you have in the water, the more likely you will catch.
Meaning, the more coins you have staking, the more likely you will get the rewards, as your staking "weight" will be greater.

So. The more coins you have, the longer you stake in one go (without disruption) the more coins you should be able to "win"


Hope that helps.

Anyone new to this thread or returning after a long time, please refer to page 1.

Page 1.  Is where all the road maps and important development updates are along with other things, like exchanges IOC is available to Buy From.


Interested to see and read about what the new changes to the wallet messaging system will be.

Onename  is now using the Bitcoin BLockchain.

http://cointelegraph.com/news/115270/onename-drops-namecoin-switches-to-bitcoin?ref=45

I think a smarter move would of been to use I/O Coins blockchain, but i guess its not ready yet?

After IOC was featured in the FinTech article.

I can see a nice slow and steady rise from here.

Feel sorry for the Dumpers who sold below 5k, that was a really bad move!

I/OCoin is not going to drop below 4k now... To infinity and beyond!

Now patiently waiting for DIONS and the new Wallet.

Not yet, but the way things are progressing, if you own 100,000+ IOC no doubt in a year or so, you will be able to pay for a Lamborghini in cold hard cash!

SPEECHLESS.... This is spectacular. Really outstanding.   Not to mention, the BIG fish who will pay close attention to this list and the companies on it.

Needless to say I/O Coin is making the right moves, i take my hat off to all involved in this project, the fruit is beginning to show. 

Never thought i'd see the day, but i FULLY agree with everything you have said here.   Also, it seems the cheap coins are going into traders/dumpers hands, NOT loyal holders, because staking is down at least 7% on average, this is a shame.  When staking starts to fall as well as buy support, I/O Coin could test 1k satoshi again.

But like the IOC Team always tells us, they do not worry about the price, so even if we see 500 sats again, no one should worry, because with the developments ongoing, IOC will see a new All Time High in good time.

Looking at how things stand.

Buy support is getting hit and nothing is replacing it, BIG sells walls also pushing the price down, scaring weak people,
so the price keeps going down and it's very low, which is never a good sign and causes even more people to panic sell.

Anyone who is in profit appears is taking them.  


BUT The Developers are working as hard as they can and hopefully soon the new html wallet and dions will be released.  
So if people can wait a little longer, i am sure all will be well.

Staking is still over 50% so thats very good.

Its in the sentence.

"talking about Blockchain, sidechains and Proof of Stake"

I/O Coin is developing blockchain, sidechains and is Proof of Stake.
 So take it easy ok, had enough of you jumping down my throat.

A really fantastic watch, Vitalik Buterin, talking about Blockchain, sidechains and Proof of Stake (which Eth will evolve into) and much more.

https://www.youtube.com/watch?v=qPsCGvXyrP4

Yobit is an almost DEAD exchange, really low, (like 0.1BTC) volume for the top coins. 


Regarding the wallet and the option to create lots of new ones, i look forward to knowing why, maybe it has something to do with Sidechains or the Blockchain also?

Hi Pat,

One of the goals with the new wallet is to allow our users to have multiple I/O Coin wallets at the same time  

Why ?

I/O Coin Wealth Distribution is way more healthy than most other alts out there, in the top 5 for good distributon.



25% in the top 10 for wealth distribution, which is good.
24.5% in the top 101 - 1000, which is also good.

Lets compare this to other alts. (the bigger the percentage the worse it is)

Vericoin = 32.3% (Not good))
Viacoin = 46.2%  (ouch)
Wildbeastbitcoin = 56.6% (nasty)
OKcash = 39.1% (bad)
Jumbucks  = 28% (ok)
Maryjanecoin (hosting expired on blockexplorer) 51.9%  (terrible)
Circ  = 34.4%  (Not good)
Blackcoin = 38.6% (eek)
Archcoin = 28.8%

So as you can clearly see, if you want to look through all of the coins on the fantastic, CryptoID block explorer, you will see  I/O Coin has one of the best Distributions, probably more like in the top 5.  So that kills your idea about unfair distribution, not that you know what fair distribution is, but hopefully my post will educate you, but it will probably take a long time, to get through think,  that troll skull, but hey, i'm a patient guy, so happy to help you out.

But the most important aspect of a coin, is how secure and strong the network is  
(ah ha! Mr Troll is thinking, i am sure i can FUD about the staking of this coin......... Its very high this must be bad, i will troll about it)

Check out the staking percentage.  It is steady above 60%. The HIGHER the %, the better.  Once again, you will see I/O Coin has one of the very best, if not the BEST staking percentage in crypto, which in turn means a STRONG network, which in turn, is exactly what companies want when they will be using the IOC blockchain.



Strong staking percentage means loyal holders, who understand the amazing developments I/O Coin are working on.


Let us not forget that I/O Coin ALWAYS delivers on what it promises, in fact often over-delivering.

Also, the developers and Team here are professional business people, who can easily be contacted and are not hiding behind fake ID's like many other alts in crypto.

I/O Coin has been nothing but open, honest and clear from day 1. Anyone can see that.  

Keep trolling, i need to buy lower.   

Please get all your friends from under the bridge to troll the thread also please.

Love your trolling its A grade, your facts are a massive F for FAIL grade. But keep going.