OSC. it will produce just under 20 million coins in 7 years. it currenlty has a little less than  3 million after 6 months. it halves a bit more rapidly, but the stake period is 1 year, while still maintaining the 51% resistance due to the checkpointing. Its decent. probably will never be super popular. I may be the only one who buys it lol.

the block subsidy halves every 400,000 blocks so thats about 278 days roughly. it also has some peculiar rewards, periods where the  rewards are really low and periods where the reward is higher. It was kind of an experiment. I wanted to see if i could make a coin that i could predict the price swings on reliably.

right now the reward is on the highside @ 20 coins/block. i think the next step is 12.5 coins a block. so if you invest in this coin, now would be the time. probably better to buy at coinex as the miners there will sell it much cheaper than people will at cryptsy. this also makes for good arbitrage action if you are in to instant tradings.

having moved closed to 500k OSC, i can say the long term hold value is nice. it value fluctuates enough that you can make profit simply by being patient.

to see the network stats you can visit

http://coinbit.pw

or for a general directory with charts and links to all things OSC.

http://oscoin.org

i got a beta invite, then realized it was written in java and deuced out. call me when its in something i trust(C++)

cryptsys problem is on the front end.

the front end servers stop responding, and if you're stuck on one of the ones not responding its tough shit. you have to wait on the admin to come online and reboot the server.

you can see what server you're on at any given time by viewing the source and scrolling to the bottom of the source you will see something like


btw, if you're on web1 right now like i am and wondering why in the hell its so fast, well its because the node process is rogue/zombie and you are receiving no call backs. thats why you submit trades and your balance never changes, though it has in the database and you receive notifications of your order being processed. its annoying as hell, but atleast its just a problem with the webserver and not the application.

DO NOT BE CONNED INTO INVESTING INTO NEW ALTCOINS

99.9% of these coins are scams designed to lure unsuspecting newbies into buying them.

Scammers use many of the following methods to lure in people and trick them into investing time/money into these coins:

• Claim innovations when nothing is new
• Use forum spambot/ sockpuppet accounts to make their coin appear popular(Astrocoin, Quarkcoin, etc.)
• Use marketing techniques(Dogecoin)
• Rare(low block reward) to trick you into thinking it will be worth something, while they mine them all with their immense hashing farms.
• Premining for Giveaways and Bounties
• Claim that services "are coming" and "big things are coming for this coin"
• Encourage users to request their particular coin be listed on exchange. truly innovative coins never have to ask.
• Fancy Logos/Websites/Lengthy Forum posts to fool you into thinking they will support it.

In addition, most of these supposed coin developers have no real programming experience. They simply read a guide made by someone else on the subject of compiling and making altcoins.

Please do not add to their victim list. You are only lining their pockets by allowing them to scam you into supporting their 10 minute copy paste clone coins. In addition, there is now a website which can create and compile these coins for a fee making it easier than ever for scammers to continue cranking out altcoins.

If things like this outrage you, you can join the petition to have the altcoin board removed or new coin listings banned from bitcointalk at the following thread:
https://bitcointalk.org/index.php?topic=438043.msg4893075;boardseen#new

It is the best thing for the community. this has been allowed to go on for far to long and is a detriment to bitcoin and cryptocurrency legitimacy in general.

Thanks,
          r3wt

actually coinex pw has had many problems, and still has problems from time to time. they've been hacked several times, thanfully they fixed that problem though.

the remaining problem is with orders showing up twice in the orderbook on the front end and more over  that they use node.js and will eventually be in the same boat as cryptsy is.

well i'm officially in this boat as well.

the thing is the money isn't missing in their system. some of their front end servers are malfunctioning and the balance displays stop updating. if you right click and select "view source" in google chrome and scroll to the bottom there will be an html comment such as


which identifies the server you are on. unfortunately i've just contacted mullick and there is nothing he can do until vern gets online and figures out whats wrong with the server.

so according to the front end server i'm missing .35 btc and 1.89 NVC i attempted to sell, but according to the database everything is there. kinda frustrating and this is my main problem with these event driven node.js platforms.

this thread is all good and valid, but aren't you the guy who took 20 BTC in donations for a primecoin gpu miner and never delivered?

edit: i don't mean it to be accusatory sounding, but there was a guy who took a bunch of donations for a primecoin miner an dissapeared awhile. i was thinking it was the same screen name as yours but i could be wrong, and if so i'm sorry.

The altcoin section has served its purpose my friend. its no longer about about innovation, instead it just serves as a place for scammers to present their business models to unsuspecting crypto noobies, leaving them holding the bag on yet another clonecoin. this point is irrefutable.

+1

I would like to donate my 9 asic miner BE's to this cause. they are just sitting around collecting dust. i will ship them to the op for shippping costs or anyone else who wants them if the op doesnt

but eliminating the alt coin board takes one of the scammers main revenue generators away(alt coin pump and dumps)

or we could remove it an elimate the scammers easy buck...

as we speak i'm transferring funds to atomic trade to buy some blake coins. i assume financial responsibility only where i'm responsible.

bro i heard that. been a long night for me as well.  sleep well!

Edit: I still cant signup/login for your website. something is amiss there my friend.

i also find the username/password requirements both ridiculous and pointless, and making it extremely hard for me to register. like the third time i've tried too.

Edit: Finally i managed to jump through the hoops and register.

yep and in almost every single alt thread, its a newbie/sock puppet account spamming to keep their coin thread popular/on the first page.

of course i will be interested, and that is a very good idea. let me know when you are ready to present this feature and the price you are asking.

the double coin on cancel bug. trade engine was awarding double coins on order cancel. i would tell the reason why it was doing that but it was a complete rookie mistake and i do not want to hurt the person who made the mistakes feeling.

but naturally, when there is a rpoblem like that it takes a while before an honest person to come a long and report it, and by that time the scammers had already raped it.

luckily i was able to cover CGB, LTC, and 42 relatively inexpensively. DOGE on the otherhand has been a bit of a nightmare, and ASR too. the only coins that leaves is BLC and SKC and i can finally put that problem behind us. what really sucks is, i'm solely financially responsible, so if someone on my team makes a mistake or steals something, guess who gets to pay for it.

i'm trying to find BLCs and SKCs but there is no where i can find to buy them??

truth