discussion LC COIN PSA: BANK INTEREST IS AT 2% ---- (YOU MUST MANUALLY COLLECT DAILY)

[ErzuzB]

so does that mean my analysis of how to optimize the bank was pointless

Yes, it's all automatic now. If everything works out as intended, we all will get our interests in 2h and 44 min.

 

[SkyDrake]

If everything works out as intended,

Exactly when does anything work as intended, first time, every time.

 

[User_80256]

I'll give it a try. Automation is truly a revolutionary twist.

 

[RandMierdin]

I have not received my interest.

 

[ErzuzB]

I have not received my interest.

Yeah, something apparently didn't work as intended.

 

[SkyDrake]

Did anyone get the interest at the time they were meant to?

Do I need to wait another 24 hours?

 

[User_89876]

Exactly when does anything work as intended, first time, every time.

Yeah, something apparently didn't work as intended.

Ha! 1:0 for the sceptics

 

[ErzuzB]

Did anyone get the interest at the time they were meant to?

Do I need to wait another 24 hours?

Originally it was intended that everyone would receive the interest at the same fixed time, regardless of whether a deposit was made in less than 24 hours or not.

 

[SkyDrake]

Originally it was intended that everyone would receive the interest at the same fixed time, regardless of whether a deposit was made in less than 24 hours or not.

well something isn't working, maybe it will work. after a week or 2 of trail and error.

 

[ErzuzB]

well something isn't working, maybe it will work. after a week or 2 of trail and error.

Kavinsky is currently asleep, so we have to at least wait until he's up.

 

[FrozenTomato]

Thanks for the heads up, just put some coins in the bank, fingers crossed for auto collect working!

 

[gipsy689yo]

Thanks for the tip

 

[Underlord]

Kavinsky is currently asleep, so we have to at least wait until he's up.

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Where is my interest at...

 

[patinhas]

Even without the very significant interest rate increase, the autocollection is enough to make it a QoL change that makes the bank almost"passive". Of course you do need to boot strap the income by participation, but being able to "forge about if" for a while makes it an AFK game. Noice

 

[SegmentCoalescing]

I just hope that the automatic collection of interest doesn't lead to inflation in cost for current and future things.

 

[User_89876]

I just hope that the automatic collection of interest doesn't lead to inflation in cost for current and future things.

There is already a huge inflation. LC supply is not limited as they get created daily, either through likes or daily interest art the bank. So a subsequent increase in prices would not be surprising

 

[Kimotoki]

based on my negative amount of coins, I'll sit this one out

 

[sergeiaug46]

Nice
faster and easier coin income is sorely needed imo

 

[User_107671]

So you just dump the LC in the bank and wait?

 

[derpstuff]

There is already a huge inflation. LC supply is not limited as they get created daily, either through likes or daily interest art the bank. So a subsequent increase in prices would not be surprising

That's assuming the massive bank returns get spread evenly. A new user joining in still has to build up a sufficient LC base to earn access to members+, and any banked coins earning interest can't be spent.

If prices are increased because of the amount of coins the wealthiest are able to accumulate then members+ access will be reduced to new users begging the bigger users to donate them access.