Bitcoin Forum

Hey,

I just noticed that CNC can now be traded here: https://bter.com/trade/cnc_btc

Let the show begin :)

so it starts

WOW :)

Great news :)

Here we go!

Let the games begin!

I predicted within a week, but I really didn't think it'd be this quick. I like this game!

Plenty of sellers straight away, testing the waters ....

CHNCoin created by Chineses. BTer is a Chinese website. FeatherCoin guys, understood?

not really sure cnc is made by chinese...

Great success :)

wow nice ...

Now watch the chikun rise :)

Only got 2000 of these left.

To hold or to sell in the bubble... hm

same, i wish I didn't sell most of my coins

This is amazing!  ;D

it is getting crazy now.

Hmm - value fluctuating a bit, I wonder if it could stabilize closer to the 0.002 BTC?

Though it's already risen quite a fair bit, of course.

I think it'll go far higher than 0.2 in the next few hours. Many more people want to get into the game now...

Is there a web site that lists CNC difficulty.  Or a block explorer even?  Thanks.

can someone sell me 5000 CNC

Yeah, it seems to be rising now. Certainly making mining pretty decently profitable, at the current difficulty. (Too bad my Feathercoin-optimized settings apparenty produce 75% stales - lol.)

0.0017 wall down. Buy orders increasing. That's gonna be fun :)

Only thing we miss there is the troll box  a la btc-e.com

+1

http://cnc.strament.com/

Nice!  Current AND next difficulty.

Well I've been with this pool since day one and I'm pretty sure I've got all my payouts as expected(been watching transactions logs per day and it matches my estimates.  Minus of course the downtime from the DDOS attacks which I switched to other pools anyhow.

WeTradeCoins is laughing his way to the bank again.  Nice job!

I held on to all my coins thanks to WeTradeCoins...    ;)

tb

be sure to use escrow

i will wait for CNC to be on btc-e  next week

how long does it take you to get cnc onto bter?  Its been about 30 mins and 20+ confirmation and its not showed up yet.

Lowest ask price: 0.00220 BTC

This is going well..

I did 2 CNC/BTC transactions there.. very fast and smooth for me

nice one

I have to say the exchange rate on bter.com is already exceeding my highest expectations - massive buying support.

I wonder if it's because the exchange has a Chinese interface too - and they want their coin.

Aaand 0.002 BTC wall down. Three-fold increase, and counting.

I think I'll hold most of my CNC for a while yet  ;)

Plus I really like those lightning confirms - this coin could be used in straight up retail no problem.

It should reach a similar price to Feathercoin eventually since they are of similar scarcity and (no) utility. I'm holding out until it reaches BTC-e and dumping at 0.004-5.

Actually the faster block times and confirms with CNC are really noticeable, not to mention the geographic targeting and mysterious developer.

It's going to go up to 0.06 or 0.07 probably. This is better than FTC.

My latest theory: Satoshi made CNC

Feathercoin actually hit .006, almost .007, at least on Vircurex.

Yup, I'm hoarding them too. Price can go up to 0.01 BTC, FTC has larger blocks (200 vs 88 coins).

You need to access "My Funds" link or deposit link in "CNC" for your funds to appear in your account.

tb

Yet we trusted BOB's when he had 100,000 china and only 3,000,000 were in circulation.

No need to wait.  Hitting your range now...   ;D

tb

My coins come from solomining, fees on my p2pool goes to giveaways. If you mean something else, let me know :)

Who would not trust someone called blastbob? :)

This is crazy going to be 0.05 por 0.06 soon

Trying to get my dang money in there to buy some...arg...hate BTC confirmation times.

bter.com is having issues as too many people want to buy CNC!

WAHOO!  This is awesome!  Let the fun begin!

cnc frenzy has crashed bter already!... ;D

You do people realize that it is a 3 days old coin Made in China with 500 milions coins? ;)

Someone's upset they missed the boat.

Yes it's made in China, but guess what, there is a lot of Chinese who want this coin. They can associate with it for obvious reasons. That makes it inherently more valuable than feathercrap.

That's 0.5 CNC for every Chinese.

How many of those are already mined?

I'm still buying CNC for LTC PM me your offers :)

Lol.. everyone keeps saying that as a retort for all the copy cat coins...

"Someone's mad the missed the boat."
"You're jelly."
Etc.

Some people don't collect crap coins, because they will most likely be worthless in 3 months time. A lot of you noobs are going to learn a hard lesson when 7/8 of the new copy cat coins will be worthless in a year. If I'm wrong- I'm wrong, and maybe I did "miss the boat", but I'm certainly not going to be mad about it.

Diversification of one's portfolio is a good thing, however there becomes a point where just because you can invest in chocolate covered shit, it doesn't mean that it's a good investment.

I prefer to invest in currencies I know will stand the test of time and be a valuable store of what little wealth I have.

A couple of bits of trivial I've noticed..

bter.com works well but its withdraw does seem to keep a lot of dust.. certainly anything beyond 0.00###### though for me it was a #.80### withdrawal; so, might even be only allowing to the first decimal point!.. which is a bit cheeky but then no more painful than a higher transaction fee.

Then without knowing the RPCport I'm getting upto 16 connections rather than the normal 8; I don't know, if that can happen without port forwarding and take it to be by design which maybe is a good idea.


Do we know what the RPCport forward is for CNC?


Also - !fast confirmations.. love them.

http://www.coinchoose.com/ has added CHNCoin. 1312% more money to make than on bitcoin :)

I hope servers are prepared for a big rush :)

Solo mining at 2700Khash/s after troubles with every CNC pool I tried...

I'm getting a warning when trying to connect to bter

Mozilla:

"This Connection is Untrusted
 
You have asked Firefox to connect securely to bter.com, but we can't confirm that your connection is secure. Normally, when you try to connect securely, sites will present trusted identification to prove that you are going to the right place. However, this site's identity can't be verified."

IE:

"There is a problem with this website's security certificate. The security certificate presented by this website was issued for a different website's address. Security certificate problems may indicate an attempt to fool you or intercept any data you send to the server. We recommend that you close this webpage and do not continue to this website." 

Caused by Cloudflare DDOS protection, don't think it's something serious.

Can someone explain to me how to min CNC either solo or on a pool? Ive got cgminer setup but dont know what to do next?? Thanks!

https://bitcointalk.org/index.php?topic=192907

blastbob, can you help me setup a p2pool for CNC, I'm having a few problems :(

Oh. One more opportunity, last days have been so hectic already. I just hope this altcoin flood doesn't hurt bitcoin too much just yet.

I am setting up one more now.. should be running within the hour

Do let us know when you're done. Would be good to have one that works

Really 'bter' that I missed the bus. Ah, well - will keep my eyes peeled for the next one to hit these boards.

wowzers

It might help BTC, if speculators are spread thinner. BTC still gets all the media and it's first port of call for noobs. It's still hard to buy most Alt-TC without going through BTC.

How long is it taking you guys to withdraw BTC from Bter.com? Mine has been sitting there saying processing on their site for a half hour and nothing yet. Getting pissed, i already contacted them but no reply.

Same here, but has been that way for hours now. No reply from the support yet. I hope this turns out the right way, it's double digits of BTC anyways  :(


EDIT:

And I got my BTC. It seems to take time for +10BTC withdrawals from Bter, some manual approving seems to be in place.

Mine was basically instant

I took out 10BTC how much did you take out? Maybe its amount dependent, I'm wondering if for BTC over a certain amount if a person has to authorize. -.-

Site down?

yes it is

Please reply so I can put people's minds at ease. People are panicky on trollbox.

Are our coins safe??

I dont think CNC is in free-fall. I'm leaning toward a possible DDoS as well

Maybe they prepare the implementation of BQC!

Every sell is a buy  :)

CNC will likely skyrocket when they get back online. DDOS is a sign someone (or a group) wants to buy cheap outside of market. Likely the same people are DDOS'ing all the CNC pools right now.

^this. I think I tried every darn pool at first and every one of them went down for it.

very strange indeed. never seem so many ddos on pools.

bter.com is adding more servers. dont panic.

If I understood that correctly, you meant someone wants to amass large quantities of CNC... so they DDoS the exchange, so that other people will sell CNC through other venues like this forum? But how does this guarantee that the price of CNC will go down?

The Site is back...

 :D yes, and coins, money are still there, yeah

 Great, the sites back.

The hope is that when they stop the DDoS, and the exchange comes back online, people will be nervous and sell cheap because they want to get their coins out fast before something else happens. Look at all the nervousness that happened in this thread. Anyway, the DDoS people will then take advantage of this and buy up all those coins from nervous sellers on the cheap. They leave the exchange alone for awhile until confidence returns and the price creeps up, they sell off at a profit, then rinse and repeat the whole process.

This has happened a few times with Mt Gox, but the effect is starting to wear off as more people become comfortable with such tactics and hang on to their coins longer before doing anything to drastic. I am sure they still get enough people to fall for it to make it worthwhile though,

they are back, price doesn't skyrocket. looking at mining diff, price should be going down, it's much more efficient to buy a cnc-miner paying in btc than buying cnc coin paying in btc. CNC looks like very overpriced coin but still I think it can rise, just because of the masses of chinesse

yes, sql database seems to be down

no problems here

No.


WTF!!!

yes

it'a a script bug, just wait they fix it.

Contact them at support@bter.com so they know more users have this problem.

I already wrote a mail.

No.

This bug occurs not for every user.

I just created a dummy account and http://bter.com/myaccount/withdraw/CNC works fine.

Whereas for my real account, where I have funds in it, I get this SQL error message.

you don't understand, bug occurs at value =! 0, so if you have deposits -> bug

i have cnc and btc etc.

even if i go to : https://bter.com/myaccount/deposit/CNC , it doesn't work, any page related to account balance it's broken

Did you already got a reply from support?

I didn't ...

I don't know about you guys but I can access each page you have problems with.


Opss, you might be right, there are problems on some pages here too.

Looks like all problems with their site pushed chn price down pretty much.

you have balance on coins?

When going into your account:

You have an error in your SQL syntax; check the manual that corresponds to your MySQL server version for the right syntax to use near '39906' at line 1

lol, that what we're talking about in the last pages..

the sql bug is gone, balance working

I second that.

spoke too fast

"under maintaining, coming back very soon"

i have no problem of exchanges being under maintainance , it's better to fix bugs. i;m sad that pools are under heavy ddos and we have to switch workers constantly

I've had an open selling...after server maintenance, my locked coins were deleted. WTF?

Edit: Everything's fine now :P

Price collapsed..

Sorry had to try :)

nah just look at the quantity sold.... ppl trying to make panic and make profit when it go up a lot

also there is no big sold offer and panic is needed to get 30-50K cheap!

Could you explain? To make the price go down, one just has to make lots of incredibly low priced CNC sell orders, right? What does the quantity have to do with it?

He means that people are making small sell orders to drop the price to see if people with big amounts of coin panic and sell, which has not happened because the transactions are for small values.

Any sign when other exchanges are going to adopt it? It's pretty easy for people to manipulate the price with it only on bter

EDIT: Wait, what about the guy offering 9564 CNC? surely he really doesn't want to sell for that price!

Aha, that makes sense. I swear, this board will make me a day trading expert when all is said and done

Too late... better hope that someone else picks it up or the boat has passed in the last 24 hours

I dunno but nobody seems to be buying at BTEr anymore, almost all orders are filled :')

Looks to me it crashed pretty damn hard.

Damn, this really makes me wish I had some spare BTC right about now...

Price can be bumped up to 0.002 with about 5 BTC. Just goes to show how easily bter is emptied by one big hand.

The death of CNC was horrible, in less than a half of an hour went from 0.0025 to 0.0008

A coin isn't dead just because on one small exchange not enough trade volume was being provided... By no means is that exchange alone the measure that determines the value of CNC.

I bought FTC at 0.00138

I sold it for 0.004 and I was even late to the party.

Go figure.

Yeah, good sign is that there are no big sell orders though some bigger buy ones were filled earlier. It still doesn't look good, bter is joke of exchange and this drop is their guilt.

Bloody alts  ;D this is the second time I decided to invest lot for my standards and second time something stupid happens day after. First time it was TRC who got broken, now this.

Why the f*** I haven't sold at 0.0025, hopefully it will recover but I'd save some nerves.

FTC value when being traded for two days on the first exchange that listed it was far less than the current value for cnc

Is there anywhere a "longterm" chart for CHNC? Or just a bit more than that on bter.

It's the only exchange trading it, so their chart is the chart for cnc, for now.

many miners prefer to keep cnc instead selling. easy mining soon will be finished and then price can go up very strong. market depth is very small and price will be jumping. soon it will be on other exchanges, market depth will be much bigger and price will be more stable, probably going up. imo it's buy time.

it's now on btc-e, enjoy the ride :)

bter.com is 404 for me...

bter is 404 for me too. website down?