[ANN] Maieuticoin | 2014% PoS | 10k/MMXIV and BALLS/MMXIV Markets NOW OPEN

[ValleyOfTheWolves]

thnxx Vegas

[ntsdm]

any idea on some coin control?

[iGotSpots]

It has been a week and time to update Fred's progress.  Prices for BTC/USD are taken from the Winkdex and prices for MMXIV/BTC are from the Bittrex daily chart.

BLUE line indicates BTC/USD value expressed in $USD
RED line indicates size of MMXIV wallet expressed in MMXIV
GREEN line indicates $USD value of MMXIV wallet


Based on MMXIV's 2014% annual interest rate, compounded daily, on January 22, 2015 his wallet now contains 161.39 MMXIV, more than EIGHT TIMES the coins he originally purchased.  His ending MMXIV $USD wallet value is $782.27 or BTC4.85

The price of BTC/MMXIV increased by 10%
The price of BTC/USD dropped by 34.24%
The $USD value of Fred's MMXIV wallet increased by 483.74% from $134.01 to $782.27
The BTC value of Fred's MMXIV wallet increased by 528.02% from 0.38 BTC to 4.85 BTC

This is the power of 5.5% daily interest people.

As before, if you doubt any of this, the raw data used to perform these calculations can be found here.

Just had to bring up Fred again in this thread

[d2dtk]

It has been a week and time to update Fred's progress.  Prices for BTC/USD are taken from the Winkdex and prices for MMXIV/BTC are from the Bittrex daily chart.

BLUE line indicates BTC/USD value expressed in $USD
RED line indicates size of MMXIV wallet expressed in MMXIV
GREEN line indicates $USD value of MMXIV wallet


Based on MMXIV's 2014% annual interest rate, compounded daily, on January 22, 2015 his wallet now contains 161.39 MMXIV, more than EIGHT TIMES the coins he originally purchased.  His ending MMXIV $USD wallet value is $782.27 or BTC4.85

The price of BTC/MMXIV increased by 10%
The price of BTC/USD dropped by 34.24%
The $USD value of Fred's MMXIV wallet increased by 483.74% from $134.01 to $782.27
The BTC value of Fred's MMXIV wallet increased by 528.02% from 0.38 BTC to 4.85 BTC

This is the power of 5.5% daily interest people.

As before, if you doubt any of this, the raw data used to perform these calculations can be found here.

Just had to bring up Fred again in this thread

I'm Fred and now in the top 10 holders yay me for holding and not selling one coin. I did purchase a snowball with M though..

[Phosphorous]

Blockexplorer is not reliable for determining standing. It shows only a fraction of what I have in my wallet right now.

[glax1983]

I have question about wallet (MMXIV & BALLS)

If I staking for few days and I transfer some coins out of the wallet, will these few days be lost, cause after the transfer - "not staking because you don't have mature coins"

[Mortimer452]

I have question about wallet (MMXIV & BALLS)

If I staking for few days and I transfer some coins out of the wallet, will these few days be lost, cause after the transfer - "not staking because you don't have mature coins"

It depends.  Each deposit creates has its own coinage.  The transaction you just sent may have contained older coins, leaving only newer coins with less age in your wallet.  If you deposited some coins on 1/22 and some other coins on 1/25, the coins you just sent may have been the ones from 1/22, leaving you with coins from 1/25 that are not old enough to stake yet.

[ntsdm]

and that would be a great reason for some coin control
unfortunatly my wallet is only a one way street and that is in and up but i have seen some awsome coin control systems that this coin is missing

[ntsdm]

and that would be a great reason for some coin control
unfortunatly my wallet is only a one way street and that is in and up but i have seen some awsome coin control systems that this coin is missing

IMHO
Tranz is one of the best to implement coin control i have used his work and the man is on the ball...... and its must be one very cold day for him to be on a snowball........lolol
joking aside    he assisted in the HYP and runs the HBN
 
HE IS FRICKEN GOOD

[iGotSpots]

Exactly why coin control isn't in there; to slow down inflation

[Phosphorous]

Exactly why coin control isn't in there; to slow down inflation

LOL... slow down inflation when it's already 2014%...

[Phosphorous]

MultiPool Info, please Read

Due to the incoming blizzard in the NE USA, the multipool may have some down time, if my power goes out or inet goes down.

If I loose either, I will try to post an update (via my phone) as I can.

Also, I have updated the stats on the backlog page.

Thanks for the advanced notice!

[vegasguy]

Exactly why coin control isn't in there; to slow down inflation

LOL... slow down inflation when it's already 2014%...

Its complicated , but I PROMISE you even though its 2014% APR , it WONT inflate anything near that rate. Its 5.5% per *DAY* and there are only +/- 19k coins. That in itself proves it. Spots intentionally left out coin control, because he understood the coin, and when you understand the coin, you know you dont need any inflation control or coin control. Its genius. Ill just say there is something VERY VERY VERY special about this coin, and no other coin like it, ill leave it at that

Vegas

[Mortimer452]

Exactly why coin control isn't in there; to slow down inflation

LOL... slow down inflation when it's already 2014%...

Its complicated , but I PROMISE you even though its 2014% APR , it WONT inflate anything near that rate. Its 5.5% per *DAY* and there are only +/- 19k coins. That in itself proves it. Spots intentionally left out coin control, because he understood the coin, and when you understand the coin, you know you dont need any inflation control or coin control. Its genius. Ill just say there is something VERY VERY VERY special about this coin, and no other coin like it, ill leave it at that

Vegas

This is very true.  Your personal rate when staking works out to 5.5% per day, but the network inflation rate is significantly lower than that, it's actually closer to around 4-4.5% per day.

As long as you sit and stake your wallet, you are not only increasing the total number of MMXIV you own, but also increasing the total % of the coin supply you own.  Network inflation will always be less than your personal stake rate.

[Phosphorous]

What day did 2014% stake start?

[Mortimer452]

What day did 2014% stake start?

I don't recall, other than that it was sometime in December - would have to dig through these posts to find out

If you're looking to verify my calculations above, you can use the block explorer at http://mmxiv.blockexplorer.cc, that is what I did:

Date   Coin supply    %increase
20-Jan   14924.4   
21-Jan   15598.0   4.5%
22-Jan   16194.0   3.8%
23-Jan   16889.0   4.3%
24-Jan   17729.9   5.0%
25-Jan   18522.8   4.5%

[ValleyOfTheWolves]

you should really stop writing  you negative NANCY nobody wanna  read your Science fiction storys
And i know your buying secretly mmxiv so cheap as possible. screw you really go find another coin to bother.. just bleep off here

[Phosphorous]

you should really stop writing  you negative NANCY nobody wanna  read your Science fiction storys
And i know your buying secretly mmxiv so cheap as possible. screw you really go find another coin to bother.. just bleep off here

What's negative? It's math. Correct me if my math is wrong.
Or tell me why you think MMXIV can retain it's value when there are over 1 Quadrillion in circulation?

[ValleyOfTheWolves]

you should really stop writing  you negative NANCY nobody wanna  read your Science fiction storys
And i know your buying secretly mmxiv so cheap as possible. screw you really go find another coin to bother.. just bleep off here

What's negative? It's math. Correct me if my math is wrong.
Or tell me why you think MMXIV can retain it's value when there are over 1 Quadrillion in circulation?

Im sure that in the mean time before all that bullshit happen, that the dev wil change things in the coin, i don't know what but i know
he wil plan things to go smooth. these guy is very intellegent clever is not a usual dev.
dont waste your time with your wild theories

[Mortimer452]

Phosphorous is completely correct in his calculations.  It only makes sense that eventually, each MMXIV coin is going to be worth less.  It would be foolish to think that by December when there are a billion MMXIV in circulation they will still be worth 0.02 BTC each.  As much as I'd love for MMXIV to have a market cap of $5billion I believe that is highly unlikely.

All cryptocurrencies head down this path.  As they are mined, more come into circulation, and most of the time, this devalues the currency.  The more of it available, the less it's worth.  The important metric to look at here is total market cap - and for MMXIV, this is growing steadily over the past 30 days.

The import distinction with MMXIV is your personal stake rate versus network inflation.  While you are staking MMXIV you are earning 5.5% of your balance every day.  At the same time, the network coin supply is inflating by only 4.0%.  This is an awesome system and has never been done with a POS coin before.

What this means is that as the currency devalues due to inflation, you are still earning more MMXIV in stake than the currency is being devalued by.  For example, if you were holding 200 MMXIV today and staked them for the next ~2 months, and I'll adjust the current price for inflation:

Jan 26
Current coin supply is 19,200
Your holdings are 200 MMXIV or 1.04% of the total supply
Current price is 0.02BTC per MMXIV
Your wallet of 200 MMXIV * 0.02BTC = 4 BTC

Mar 30
Current coin supply is  227,196.48
Your holdings are 5833.6 MMXIV or 2.57% of the total supply
Current inflation-adjusted price of MMXIV is now 0.0015 - assuming it dropped by 4% per day this entire period
Your wallet of 5833.6 MMXIV * 0.0015 BTC = 8.9 BTC

Simply by holding and staking these coins, your personal percent value of the market cap increased by 1.5x.  Even after taking inflation into account, you're still earning 1.5% per day.