POS way - day 1 - Stocking upsteemCreated with Sketch.

in #cryptocurrency7 years ago

Hi,
This is the real, first part of blog adventure involving PoS cryptocurrencies :)
As I stated in previous part initial investment will be 0.02 BTC, but we'll invest only half of it at beginning to make a cussion if one of coins takes hard dip.
After some time thinking I've decided that, due to some kind of problems that it would cause in overall calculations (BTC -> ETH conversion, Gas usage(ETH) at minting), PoSToken will be swapped out for 808Coin.

808Coin is really nice staking, yet still not so known cryptocurrency. It's one of "stronghands" coins, because Your coins will participate in staking after 8.08 days. But incentive is to hold is great 17% after lock period up to 808% if we get stake in 1 year.

So final list of coins, with their approx. BTC value during stocking is as following:

808

B3

BUZZ

XGOX

Rain

Price:

0.00000006

0.00000021,5*

0.00000003,5

0.00000275

0.00000400

Initial Amount:

33400

9290

58000

731

500

Initial Fiat Value:

14.16$

15.75$

16.50$

14.72$

14.91$

Coinsmarket add stakes around 0:00 GMT everyday, so I'll try to keep updating alongisde with providing some info around that hour. For future days I'll use table format as below:

808

B3

BUZZ

XGOX

Rain

Initial Value:

14.16$

15.75$

16.50$

14.72$

14.91$

Yesterday's amount:

33400

9290

58000

731

500

Total Stakes:

0

0

0

0

0

Daily Stakes:

0

0

0

0

0

Daily Value of Stakes:

0.00$

0.00$

0.00$

0.00$

0.00$

Today's price:

0

0

0

0

0

Gain/Loss:

0

0

0

0

0

Total Value of Stakes:

0.00$

0.00$

0.00$

0.00$

0.00$

Total Value:

14.16$

15.75$

16.50$

14.72$

14.91$

And here is first Blockfolio screenshoots with our initial USD Values So that's all for now, I'll keep You updated guys :)