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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: pr0d1gy on September 01, 2013, 02:10:57 AM



Title: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: pr0d1gy on September 01, 2013, 02:10:57 AM
As of 9/1 we will be removing the follow coins:
PPC - WDC - XMP

Why?
Due to the lack of transactions and support, they are just killing resources. We want to improve the usability of the Coin Payments system. We don't want it to come down to removing coins, but the demand is not meeting the supply. You do have to remember, even as well as Coin Payments is working right now, we are still in Beta.

Oh snap! Are you going to remove our coin too?
Hopefully not, at least not yet, this is still a beta. We want to eventually accept every coin possible.

So now what?
We will continue to support the other 13 coins as we have before.
BTC, LTC, DVC, CGB, BQC, FTC, IFC, KGC, NMC, NVC, ORB, RED, TRC, STR (Updated 8/31)

What about ___, its not in the poll option, support ___!
Ok, just reply with what we are missing, we will ad it to poll. This is your vote. :)

Now we have removed the 3 coins, we wanted to add one we wanted to add, before the resources limit was met. But we wanted to let the community decide on the other two. So here's your chance.

Also STR has been suspended till its fixed - Link (https://twitter.com/cryptsy/statuses/373137871508500480)


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: CryptoBullion on September 01, 2013, 02:16:54 AM
nuuuuuu... dont get rid of wdc and xpm...


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: pr0d1gy on September 01, 2013, 02:21:51 AM
nuuuuuu... dont get rid of wdc and xpm...

We apologize for any inconveniences, but we need to test the system with volume. This is not the end, when we can finally decide on upgrading our servers to support a constant flow of activity to more coins, then we will try to support every coin possible. But for now we must concentrate resources on more active coins. This is still Beta.


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: mechs on September 01, 2013, 03:38:11 AM
XPM is the third most popular coin after BTC and LTC.  Why would you remove it?  I think write now people in the hoarding phase, but this is not a coin you want to drop.  It will surpass LTC soon I think.

Check out the poll results: https://bitcointalk.org/index.php?topic=264016.0


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: hendo420 on September 01, 2013, 03:44:43 AM
XPM is the third most popular coin after BTC and LTC.  Why would you remove it?  I think write now people in the hoarding phase, but this is not a coin you want to drop.  It will surpass LTC soon I think.

Check out the poll results: https://bitcointalk.org/index.php?topic=264016.0

I agree, XPM is a grower not a shower.


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: pr0d1gy on September 01, 2013, 03:53:44 AM
XPM is the third most popular coin after BTC and LTC.  Why would you remove it?  I think write now people in the hoarding phase, but this is not a coin you want to drop.  It will surpass LTC soon I think.

Check out the poll results: https://bitcointalk.org/index.php?topic=264016.0

We do not have any doubts about that coin nor any other coin's performance, but as this is a beta, we need more stores and people to use the service for us to expand for a bigger server to support more coins. The removed coins may be popular in market, trade, and mining support, but as in payment, our stores and private non store merchants haven't had any transactions with the coins. So there has to be more store support for it. As of now its has mainly been coinbase, bitpay, few others and a few private stores that used their own custom codes. We want to keep accepting multiple coins, this is still a business, we have to keep the servers running.


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: laughingbear on September 01, 2013, 04:46:48 AM
This is sad. I was beginning to make a store and had a second in mind, that I wanted to make using you for xpm.  I hope that you rethink your decision about xpm.  You have coins in that list I have never heard of.


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: pr0d1gy on September 01, 2013, 05:49:26 AM
With such an overwhelming demand (via pm as well) for a coin (xpm) we removed, we will add it to the poll for a chance to get more real support. Again we do not have a preferred liking over one coin to another. Its simply business. We've been around for about a month now, and have had decent transactions for BTC, slow transactions for the rest, but none for the coins removed. The coins that have been added are all on the market, and we had dev and store support for most of them. The rest of the coins we added by trade volume, which only showed that people mine the coin and traded it for BTC as far as payment processing nobody else does this. So we would like to continue with the beta, and continue supporting stores and coins.


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: bidji29 on September 01, 2013, 10:58:28 AM
XPM is only 2 month old.
The price is still highly volatile and people don't want to buy things when that's the case. They want to trade it, or hold it.
People will start buying things with them, when the price is more stable, and they have a stong feelings of what an XPM is really worth,


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: Xaltotun on September 01, 2013, 11:55:37 AM
Something is wrong when you drop two of the top coins by one of the most active, innovative and trusted developers in cryptocurrencies.


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: Lethn on September 01, 2013, 12:01:11 PM
Get rid of the ones that don't have their developers properly updating and changing things, that will solve most of your problems, what I've done with my website is only enabled the ones by how much active trading I've seen going on so all the ones like Litecoin and PPCoin etc. if the other alt. coins want the support of actual traders then they'll need to actually do something or ask for us to put them up so they can buy stuff. It's quite easy now to find out who are the crappy developers and who are the people who actually who can read and edit the code if you take the time.


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: belltown on September 01, 2013, 03:12:55 PM
XPM will be added back!!


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: Walsoraj on September 01, 2013, 03:36:04 PM
Something is wrong when you drop two of the top coins by one of the most active, innovative and trusted developers in cryptocurrencies.

This^

Also, PPC and XPM are both in the top 10 market cap. http://coinmarketcap.com/

Why the hell you would remove two of the most popular and innovative coins is very puzzling.


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: jdebunt on September 01, 2013, 03:50:39 PM
DigitalCoin should be added :)


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: Pt0x on September 01, 2013, 04:12:06 PM
Please don't remove primecoin!!!


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: mechs on September 01, 2013, 04:29:19 PM
I voted for XPM, it the only currency I keep other than BTC


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: BitcoinForLiberty on September 01, 2013, 05:04:29 PM
Something is wrong when you drop two of the top coins by one of the most active, innovative and trusted developers in cryptocurrencies.

This^

Also, PPC and XPM are both in the top 10 market cap. http://coinmarketcap.com/

Why the hell you would remove two of the most popular and innovative coins is very puzzling.

I am likewise puzzled why you would support coins with a $6,000 market cap (KGC) and $36,000 market cap (BQC) while discontinuing support of a coin with a $3,600,000 market cap (PPC). If you hadn't supported it already and couldn't prioritize the development time that would be understandable, but just dropping it after the implementation is complete doesn't compute. Makes my mind grasp at conspiracy theories: were you threatened to drop it? Paid to drop it? Probably not, but there is more to this than what I can see and understand.



Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: petesays on September 01, 2013, 05:11:40 PM
Something is wrong when you drop two of the top coins by one of the most active, innovative and trusted developers in cryptocurrencies.

This^

Also, PPC and XPM are both in the top 10 market cap. http://coinmarketcap.com/

Why the hell you would remove two of the most popular and innovative coins is very puzzling.

I am likewise puzzled why you would support coins with a $6,000 market cap (KGC) and $36,000 market cap (BQC) while discontinuing support of a coin with a $3,600,000 market cap (PPC). If you hadn't supported it already and couldn't prioritize the development time that would be understandable, but just dropping it after the implementation is complete doesn't compute. Makes my mind grasp at conspiracy theories: were you threatened to drop it? Paid to drop it? Probably not, but there is more to this than what I can see and understand.

Maybe this is insight to the types of "business" decisions they will be making in the future. I had just started to put together something with hopes of using XPM and WDC with them. I guess not anymore.


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: mechs on September 01, 2013, 05:34:57 PM
Something is wrong when you drop two of the top coins by one of the most active, innovative and trusted developers in cryptocurrencies.

This^

Also, PPC and XPM are both in the top 10 market cap. http://coinmarketcap.com/

Why the hell you would remove two of the most popular and innovative coins is very puzzling.

I am likewise puzzled why you would support coins with a $6,000 market cap (KGC) and $36,000 market cap (BQC) while discontinuing support of a coin with a $3,600,000 market cap (PPC). If you hadn't supported it already and couldn't prioritize the development time that would be understandable, but just dropping it after the implementation is complete doesn't compute. Makes my mind grasp at conspiracy theories: were you threatened to drop it? Paid to drop it? Probably not, but there is more to this than what I can see and understand.

Maybe this is insight to the types of "business" decisions they will be making in the future. I had just started to put together something with hopes of using XPM and WDC with them. I guess not anymore.
The entire decision is ridiculous. 


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: cycloid on September 01, 2013, 06:14:48 PM
XPM is a must  :P


Also taking away PPC, XPM and leaving BBQ, Ifinitie, Redcoin, Kruger... etc what on earth... guyz plz  ::)


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: mechs on September 01, 2013, 06:16:16 PM
If you do not re-add XPM, I will self-immolate!!!


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: pr0d1gy on September 01, 2013, 06:35:17 PM
Ok guys, you are obviously missing the point. Its not like we said "Hey, XPM sucks, lets drop it to piss everyone off."
This is still a BETA, we are still TESTING. So we require more stores and merchants to accept this coin. If you mine it and hoard it, this does nothing to help the coin via Coin Payments. Its about the useability and purchasing power of the coin. So far we have:

Daily Deals - http://www.dailybit.net
Bet on LTC to GOX & Coinbase! - http://www.LitecoinToGox.com
Win a PS4! - http://www.Playstation4Raffle.com
Car parts, games, and more! - http://www.mtyimport.com
Gift Shop - http://orbitcoin.org
Prepaid Visa Cards - http://www.visa4crypto.com
Poor College Girls Store - http://www.poorcollegegirls.com/store
Order Gold & Silver - http://iGotSpots.com/other.html
Frontier Space - http://www.frontier-space.com/frontiercart/
Mining Supplies - https://coincable.com/
Prepaid Phone Cards , Pay Utility Bills & More - http://cryptopcs.com/

These stores (as well as a few private merchants) are the backbone of Coin Payments. If you do not support these and future stores, its pointless to add highly traded and active coins, if you guys are not using the coin to buy anything with. Orbitcoin accepts us directly on their website giftshop. iSpots is a coin we do not currently accept, but they support us and the other coins we accept. The other stores from what we see, do not really favor one coin over the next. If XPM is added once more, and again, it receives NO transactions as it has done along with PPC and WDC then we will have to remove it again. This is purely a business decision, servers do not grow on trees as they say. Coin Payments is our investment into multiple coins, but if the investment is not paying, the decision stands to remove it. This is only temporary... We hope to support all 9800 coins that are created everyday, no discrimination on that. The value of the coin has nothing to do with the reason of the removal. Its the actual support and use of it on OUR system, not the MARKET or entire NETWORK of the coin. This is not a popularity contest, its actual use in purchasing power.


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: CryptoBullion on September 01, 2013, 06:56:15 PM
If you do not re-add XPM, I will self-immolate!!!

lol mechs...


i want to say to coin devs that want their coin to be on this service, maybe its time to offer OP about .05 BTC per month to cover his startup costs until the his system sustains itself.

im considering doing the same thing for pool hosting.... offer of .05 BTC per month for me to host a pool for your coin, until it sustains itself...


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: CryptoBullion on September 01, 2013, 07:00:56 PM
digital coin just did a huge fundraiser to improve their coin.... Id say this is a good chance to improve it at possibly very little cost... id like to see DGC on here... i know other major coin dev teams are making funds for coin improvement... dont cheap out now devs :P


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: Lauda on September 01, 2013, 07:04:28 PM
Add CAP  :)


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: iGotSpots on September 01, 2013, 07:10:31 PM
If you do not re-add XPM, I will self-immolate!!!

lol mechs...


i want to say to coin devs that want their coin to be on this service, maybe its time to offer OP about .05 BTC per month to cover his startup costs until the his system sustains itself.

Honestly, I wouldn't be opposed to this if it means Spots and CPR get added so I can use their service on our main page. I like how it's setup. The only thing I would change is a way to make buttons to only accept certain coins instead of all the coins for all the buttons you make. Unless it's already there and I missed it. I would like to accept some coins for some things and other coins for other things, but that's just a minor detail, the way it is now works just fine, too


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: zamot on September 01, 2013, 08:21:30 PM
Something is wrong when you drop two of the top coins by one of the most active, innovative and trusted developers in cryptocurrencies.

This^

Also, PPC and XPM are both in the top 10 market cap. http://coinmarketcap.com/

Why the hell you would remove two of the most popular and innovative coins is very puzzling.
I agree, why to remove top coins. In the list are some coins, that i never heard that they exist. Btw. on on list are script coins ( except XPM, which was added later ).  ???


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: pr0d1gy on September 01, 2013, 10:00:28 PM
We did not anticipate the loads of responses and votes after the removal of these coins. So we have decided to go ahead and upgrade the server's resources to support more coins, hoping to see more activity with each coin, rather than to regret purchasing upgrades. The short term goal would be to get every coin we support, to support us back. Not necessary with donations, which are appreciated, but more through recommendations. It would be nice to have at least 1 store per coin to support its own coin, as well as maybe accept other coins. We have added 3 new stores just within the starting of this thread of the coin removals. Might not be a completely connected event, but its like "You don't know what you've got till its gone." With the new server update we did not want to fork out more than what we need so now we will add the removed coins back to the poll/vote and allow the addition of 5 to 6 coins. Depending on the actual support and outcome of the voting and responses  that will determine the 5 or 6.

We will re-do the thread and post updated link here once the server's have gotten the upgrade, (merchant's shouldn't experience any real downtime) should be added by the end of the day and the votes can start over with the new server upgrades ready to go and accept the demand for the coins that we were apparently oblivious to the fact of its demand. lol


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: mechs on September 01, 2013, 10:08:43 PM
We did not anticipate the loads of responses and votes after the removal of these coins. So we have decided to go ahead and upgrade the server's resources to support more coins, hoping to see more activity with each coin, rather than to regret purchasing upgrades. The short term goal would be to get every coin we support, to support us back. Not necessary with donations, which are appreciated, but more through recommendations. It would be nice to have at least 1 store per coin to support its own coin, as well as maybe accept other coins. We have added 3 new stores just within the starting of this thread of the coin removals. Might not be a completely connected event, but its like "You don't know what you've got till its gone." With the new server update we did not want to fork out more than what we need so now we will add the removed coins back to the poll/vote and allow the addition of 5 to 6 coins. Depending on the actual support and outcome of the voting and responses  that will determine the 5 or 6.

We will re-do the thread and post updated link here once the server's have gotten the upgrade, (merchant's shouldn't experience any real downtime) should be added by the end of the day and the votes can start over with the new server upgrades ready to go and accept the demand for the coins that we were apparently oblivious to the fact of its demand. lol
Shew, so glad I did not have to self-immolate.  Will put the gasoline back in my car's tank.


Title: Re: Multi Cryptocoin Payment Processing [Coin List Vote]
Post by: pr0d1gy on September 02, 2013, 01:13:04 AM
Ok new vote here:


https://bitcointalk.org/index.php?topic=286120.0