★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS]

[BeholdTheTrueWake]

http://www.cryptoarticles.com/crypto-news/2014/4/5/zeitcoin-block-reward-dropping-to-1-zeit-per-block

Small article for ZeitCoin

Nice, thanks for the write up.
Will share in the Zeit forum.

[Matni]

Any plans on making a Zeitcoin Multipool? It seems to be the in thing

It would also eat up all those sell walls and make the coin actually worth something, After it hits 1 Zeit per block no one will mine anymore, why will they when they can just buy at 2 - 3 sat (or not since it's not worth holding right now).

Mulitpools have been mentioned about a dozen times in the last 100 pages. The general thinking is they help destroy smaller coins so if you want one, build it, if you can't build it, find someone who can. Some of us who have been very active on this thread and are now very active on the Zeit forums (link in my sig) don't think a mulitpool is a good idea. If you want Zeit, buy it and POS it.

I already have a few Million Zeit, i just don't want to POS it for ever, since it's value seems to be stuck between 1 - 3 sat... I've been mining/keeping track of this coin since day one. What's the point of POSing the coin if all you gonna do is grow your wallet, which you can't empty right now and break even on time/mining costs invested.

The price won't be stuck at 3 sat for long, there is a whale with the BTC to eat tha wall right now, he's just getting some more together to start attacking the 4 sat wall.

And this is only interesting for people who think dumping Zeit is a good idea. Some of us have no intention of selling this side of 2015.

And one last thing, Zeit/LTC is up 33% on Cryptay since yeaterday, there are less silly sell walls is there is more movement

[ydrogios]

Any plans on making a Zeitcoin Multipool? It seems to be the in thing

It would also eat up all those sell walls and make the coin actually worth something, After it hits 1 Zeit per block no one will mine anymore, why will they when they can just buy at 2 - 3 sat (or not since it's not worth holding right now).

Mulitpools have been mentioned about a dozen times in the last 100 pages. The general thinking is they help destroy smaller coins so if you want one, build it, if you can't build it, find someone who can. Some of us who have been very active on this thread and are now very active on the Zeit forums (link in my sig) don't think a mulitpool is a good idea. If you want Zeit, buy it and POS it.

I already have a few Million Zeit, i just don't want to POS it for ever, since it's value seems to be stuck between 1 - 3 sat... I've been mining/keeping track of this coin since day one. What's the point of POSing the coin if all you gonna do is grow your wallet, which you can't empty right now and break even on time/mining costs invested.

The price won't be stuck at 3 sat for long, there is a whale with the BTC to eat tha wall right now, he's just getting some more together to start attacking the 4 sat wall.

And this is only interesting for people who think dumping Zeit is a good idea. Some of us have no intention of selling this side of 2015.

And one last thing, Zeit/LTC is up 33% on Cryptay since yeaterday, there are less silly sell walls is there is more movement

+1

We are not selling because this coin has large prospective

[Bluemustang]

Nice 1z/block now.  Time to tear down those sell walls guys

[Oto3]

Its better to eat that 22 btc wall @3 satoshi in one swift go before it moves to 4 satoshi and becomes 29 btc wall

[BeholdTheTrueWake]

Time to tear down those sell walls guys

Seems to be all anyone cares about these days.
No aspirations for the movement?
Any ideas to share?

[huige007]

400 began to the overthrow of 3Satoshi wall

[he-man]

as soon as my BTC is transferd I will be joining the party.

[cryptohymen]

if we as a community, can begin to knock down this 3wall, i'd call that movement...

[gazzamc]

if we as a community, can begin to knock down this 3wall, i'd call that movement...

lol yea, I think i only saw it pass 3 once.

[cryptohymen]

if we as a community, can begin to knock down this 3wall, i'd call that movement...

lol yea, I think i only saw it pass 3 once.

so, if you have something constructive to say or a better idea. im listening...?

[LionOfNarnia]

if we as a community, can begin to knock down this 3wall, i'd call that movement...

lol yea, I think i only saw it pass 3 once.

so, if you have something constructive to say or a better idea. im listening...?

Breaking down the walls is only important for those wanting to make a quick buck. For the future, the longer it stays low, the more our community can snaffle a bigger share of the pot.

There are still far too many 'espresso traders' (How do I pay for tomorrows' coffee?) who need to be relieved of their Zeit..

"Forgive them, for they know not what they hold"

[shijilal]

I am holding about 3-4 Million ZeitCoin for a long time.
I got one doubt.. What is this POS Means??
 

[Matni]

I am holding about 3-4 Million ZeitCoin for a long time.
I got one doubt.. What is this POS Means??
 

POS is Proof Of Stake. You can read about on the BTC Wiki

https://en.bitcoin.it/wiki/Proof_of_Stake

And if you have some questions, you'll get better answers if you ask over on the Zeit Forums

http://forum.zeit-coin.com/viewtopic.php?f=10&t=36&sid=a168bfdc94011265381ceab00a569c01

[Bluemustang]

LTC price really starting to move on cryptsy, up to 105 latoshi.  3 sats starting to look like a bargain at mintpal while its available

[TuxNut]

Whales if you wanted to clear that 3 wall it's the right moment There is some buy pressure waiting to explode

That would depend on whether others are to be invited.
The midnight price remained at 3sat no one remembered to drop it to 2 so the percentage looks lame

[ubel]

"version" : "v1.0.1.0",
"protocolversion" : 60006,
"walletversion" : 60000,
"balance" : ********
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 120961,
"moneysupply" : 27122222371.28296280,
"connections" : 12,
"proxy" : "",
"ip" : "81.107.172.228",
"difficulty" : 2.97396757,
"testnet" : false,
"keypoololdest" : 1394749427,
"keypoolsize" : 102,
"paytxfee" : 0.01000000,
"unlocked_until" : 10001396584405,
"errors" : ""


HASH.so got the first 1/Zeit coin

120961   48 left   anonymous   05/04 08:58:57   2.97   1.00    12,181   25,860   36,923   303.12

Great news! Let's see now, if this coin has the ability to be one of the top POS coins.

[TuxNut]

Great news! Let's see now, if this coin has the ability to be one of the top POS coins.

Would you care to define what a 'top POS coin' is, as I'm sure different people will have a different opinion on that.

[LionOfNarnia]

Great news! Let's see now, if this coin has the ability to be one of the top POS coins.

Would you care to define what a 'top POS coin' is, as I'm sure different people will have a different opinion on that.

The fine art of sarcasm is alive & well in the South of England!

ubel, if you define a top coin by how much you can make out of it, then perhaps this is the wrong coin for you. Part of the Zeit Community ethos is to have OUR coin defined

BY HOW MUCH REAL 'GOOD' IT CAN DO

For Mankind, our Planet, and a better, healthier, more sustainable, more equitable future for them both.

Can you dig that?

Or is the concept too alien for you?

[Dale Allen]

I've just put the new wallet on my PC using TuxNut's download because the one off zeit-coin.com has a missing DLL. Something to do with running it out of the zip file without extracting it first, after that it just won't work. Anyway it all loads up, I've edited the .conf file but no joy in syncing, it just says catching up and then doesn't bother continuing, anyone any ideas on what to do here? It shows all my coins in unconfirmed.