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121  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Hi-Rate PoS SPROUTS sha256 pos+pow 芽菜货币 on: March 03, 2016, 07:44:02 PM
this coin is active dev?

So where is Presstab? That's the dev we need here. Does anyone here know Presstab personally? I will try to make contact, but it would be better for someone who knows this person better than I do to be the one who makes contact.

My information is that Milly6 has been handed the development reins and is busy working behind the scenes. I sent a PM to him a short while ago and he seems fully up for the task. He has definite ideas on how we should proceed, which sound good to me. I suggest we give him some space and be patient. I believe that Sprouts is safe in his hands.
122  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: March 03, 2016, 05:18:48 PM
Ah ... the plague of the Micro-men! Now, I wonder who they are?

The dreaded Micro-men.  Who knows what evil lurks in the hearts of men.....

Lamont Cranston....

"... dead men, in spite of the legend, do tell. Yes they speak and point with a bony, fleshless finger at their murderers ..."

Cat it looks like you've angered someone. Straight after your post the difficulty shot up from 0.02 to 0.08. I've never seen it that high before. Its now back to 0.02.

Yeah, judgedredd_ informed everyone that he decided to stake... So I guess he's one of the micro-stakers...
That is your conclusion? because I staked, that I am a micro-staker?
Do you even know whats a micro-staker? go do some search.

Apologies if I was jumping to conclusions, but you did post that you started staking when the difficulty was at 0.02, and were 'still staking hehe' when it was right up at 0.05... That was the implication that I drew from it, at least...

I've never seen the difficulty as high as it got, and it's making the annual interest ridiculously low... If that wasn't down to you, then as I said, apologies for making assumptions... But if it was, then please combine your blocks...
I just have a lot of big blocks ...that all staked

But why did you continue to stake when the difficulty was zooming up and make a point of showing us all a graph of it doing so? That's like jumping off a skyscraper and shouting, "Look Ma, I'm flying!
123  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: March 03, 2016, 05:17:34 PM
I was gonna stay out of this, as it's clearly a private dispute. But I have to say that the posts made by you vs. m33 don't paint  a very professional picture. Take this advice as at least worth what you paid for it, but it's from someone who has done customer service their entire life.

Some customers, despite what they might seem to those who know them, are idiots. Maybe not in all things, maybe not all the time. But there will be a time when you just get too pissed off at somebody to deal with them. So you don't. Not this way.

What would have profited you more was to apologize, restore his account, and PRIVATELY ask him to be a bit more sensitive to the situation. EVEN IF YOU'RE DEAD CERTAIN THAT YOU'RE IN THE RIGHT. Why? Because if you respond as unprofessionally as you have, it makes YOU look like an asshole, even if you weren't. And it does make you look unstable.

I like your exchange. I don't do a lot of business there, and I mainly stay out of troll boxes as they are full of trolls. But if you'd banned me for ONE random comment, even a stupid one, I'd have been pissed off and sought out the competition. OTOH, if you'd have said something like "Biomech, please don't stir the pot", I'd have acknowledged it and moved on. Never gave it a second thought. Some places are more rowdy than others, and you cannot afford to take people personally if you're in business. And yes, I fully realize how hard that can be sometimes. Saying "Have a nice day" when your brain and gut are screaming "skin this fucker" is the mark of a professional. It's easy to conduct good business with easy people. They are not and never will be the test.

Here's the thing, and there's so much more to all of this than really feels appropriate to cover in this thread. I agree with everything you've said, were this another job, and I were working for someone else. But we're working for ourselves, and not for someone else, and we're not trying to be the "professional" exchange. Most of our users understand this, and I would even go as far as to bet as that's why a lot of them keep coming back.

Cryptsy were very professional in the way they told sa_ddam213 to go fuck himself when they lost his BTC 2 years ago (Not related to and separate to the current Cryptsy situation), and they've been very professional up until now, but I don't see anyone sitting around now saying "Yo know what? At least they were very professional about it all.".

So we're not professional, but what you see is exactly what you get with us, and we call it how we see it. We're building a community, and we've outlined rules, and people who don't uphold those rules aren't welcome. Some people use our site because of the coins we don't list, and the people we keep out. Why can't we have our own company culture? So what if you don't agree with it? We're not asking you to use our site, if you don't fit our community we don't even wan you to. Some people seem to struggle with that concept.

If you don't like us, go some where else. If you don't like anywhere else, make your own. If you can't, then deal with it. We're not trying to cater to everyone, we only wanted to make the site we ourselves wanted to use.

Hex, You do have the right to build your business to cater to whomever you please. I, Like biomech have been in customer service for decades, and I totally get what he is saying.  Most of us in small business wish to have as wide of a customer base as possible to maximize profitability.

There is nothing more humbling then telling someone who deserves a ‘kiss my ass and f*** off’ that you appreciate his concerns and will look at trying to improve the process. It is totally up to you if you want to ‘call it like you see it’ as you correctly say you tend to do, or take the more tactful line.  I can recite several instances where I have taken the high road, and have had customers I was ready to write off come back and apologize, and bring me more business.  Never would have happened if I had told them what was on my mind.

I would never suppose to tell you how to run your exchange. If you are comfortable where you are at, more power to you. I have not been offended, and I will still use your services. I know not to ‘poke the bear’.
The reason folks like myself and Biomech even bother to say anything? We see value in what you offer, and wish you the greatest success possible. If we can offer constructive help that costs you nothing, and it really does help, the desire is there to do so.  If on the other hand, you are dead set on doing things as described above, again, your choice. In either case, my vote of thanks was sincere.

If I were to ask for any consideration: I know we are all big boys and girls, but a few less F-bombs would be appreciated.  
Kindest Regards, Joebwan Kanobe.


All I would add to this debate is that we don't know the full story. Even the most professional of people can snap given the right amount of stress. Biomech, your advice is good solid advice given in what I imagine to be a relatively unstressful situation.

However, to my mind, that type of advice is best given in private considering the circumstances. To give it so publicly, as you have done, could even lead to you being considered unprofessional.

It's obvious that strong feelings are evident here. Let's not push people into corners where they might not belong. I suggest that we cool it and move on.


Yeah, I'll drop it. It was given while *I* was cool. I got no dog in the fight. Just a lot of experience with less than stellar intellects in customers Cheesy It's their business. And I like the place. No offense was intended, and maybe it should have been in private, but there seemed to be a war brewing that wasn't serving anyone.

Anyway, moving on.

Cat name Joe , I Guess you should have followed your own advice and inbox biomech than posting here !

No. Not at all. I guess that you guessed wrong (I'm always suspicious of newbie accounts who could very well be sock-puppets up to mischief, but I will take you at face value).

I felt it appropriate to post as I did. I don't assume any moral high ground, although I had previously responded to M33, the other party involved in the row, privately.
124  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: March 01, 2016, 10:29:49 PM
Ah ... the plague of the Micro-men! Now, I wonder who they are?

The dreaded Micro-men.  Who knows what evil lurks in the hearts of men.....

Lamont Cranston....

"... dead men, in spite of the legend, do tell. Yes they speak and point with a bony, fleshless finger at their murderers ..."
125  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: March 01, 2016, 06:49:57 PM
Ah ... the plague of the Micro-men! Now, I wonder who they are?
126  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: March 01, 2016, 06:07:20 PM
I was gonna stay out of this, as it's clearly a private dispute. But I have to say that the posts made by you vs. m33 don't paint  a very professional picture. Take this advice as at least worth what you paid for it, but it's from someone who has done customer service their entire life.

Some customers, despite what they might seem to those who know them, are idiots. Maybe not in all things, maybe not all the time. But there will be a time when you just get too pissed off at somebody to deal with them. So you don't. Not this way.

What would have profited you more was to apologize, restore his account, and PRIVATELY ask him to be a bit more sensitive to the situation. EVEN IF YOU'RE DEAD CERTAIN THAT YOU'RE IN THE RIGHT. Why? Because if you respond as unprofessionally as you have, it makes YOU look like an asshole, even if you weren't. And it does make you look unstable.

I like your exchange. I don't do a lot of business there, and I mainly stay out of troll boxes as they are full of trolls. But if you'd banned me for ONE random comment, even a stupid one, I'd have been pissed off and sought out the competition. OTOH, if you'd have said something like "Biomech, please don't stir the pot", I'd have acknowledged it and moved on. Never gave it a second thought. Some places are more rowdy than others, and you cannot afford to take people personally if you're in business. And yes, I fully realize how hard that can be sometimes. Saying "Have a nice day" when your brain and gut are screaming "skin this fucker" is the mark of a professional. It's easy to conduct good business with easy people. They are not and never will be the test.

Here's the thing, and there's so much more to all of this than really feels appropriate to cover in this thread. I agree with everything you've said, were this another job, and I were working for someone else. But we're working for ourselves, and not for someone else, and we're not trying to be the "professional" exchange. Most of our users understand this, and I would even go as far as to bet as that's why a lot of them keep coming back.

Cryptsy were very professional in the way they told sa_ddam213 to go fuck himself when they lost his BTC 2 years ago (Not related to and separate to the current Cryptsy situation), and they've been very professional up until now, but I don't see anyone sitting around now saying "Yo know what? At least they were very professional about it all.".

So we're not professional, but what you see is exactly what you get with us, and we call it how we see it. We're building a community, and we've outlined rules, and people who don't uphold those rules aren't welcome. Some people use our site because of the coins we don't list, and the people we keep out. Why can't we have our own company culture? So what if you don't agree with it? We're not asking you to use our site, if you don't fit our community we don't even wan you to. Some people seem to struggle with that concept.

If you don't like us, go some where else. If you don't like anywhere else, make your own. If you can't, then deal with it. We're not trying to cater to everyone, we only wanted to make the site we ourselves wanted to use.

Hex, You do have the right to build your business to cater to whomever you please. I, Like biomech have been in customer service for decades, and I totally get what he is saying.  Most of us in small business wish to have as wide of a customer base as possible to maximize profitability.

There is nothing more humbling then telling someone who deserves a ‘kiss my ass and f*** off’ that you appreciate his concerns and will look at trying to improve the process. It is totally up to you if you want to ‘call it like you see it’ as you correctly say you tend to do, or take the more tactful line.  I can recite several instances where I have taken the high road, and have had customers I was ready to write off come back and apologize, and bring me more business.  Never would have happened if I had told them what was on my mind.

I would never suppose to tell you how to run your exchange. If you are comfortable where you are at, more power to you. I have not been offended, and I will still use your services. I know not to ‘poke the bear’.
The reason folks like myself and Biomech even bother to say anything? We see value in what you offer, and wish you the greatest success possible. If we can offer constructive help that costs you nothing, and it really does help, the desire is there to do so.  If on the other hand, you are dead set on doing things as described above, again, your choice. In either case, my vote of thanks was sincere.

If I were to ask for any consideration: I know we are all big boys and girls, but a few less F-bombs would be appreciated.  
Kindest Regards, Joebwan Kanobe.


All I would add to this debate is that we don't know the full story. Even the most professional of people can snap given the right amount of stress. Biomech, your advice is good solid advice given in what I imagine to be a relatively unstressful situation.

However, to my mind, that type of advice is best given in private considering the circumstances. To give it so publicly, as you have done, could even lead to you being considered unprofessional.

It's obvious that strong feelings are evident here. Let's not push people into corners where they might not belong. I suggest that we cool it and move on.
127  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: March 01, 2016, 02:34:25 PM
Here is a truly sad fact , yesterday I started to stake at Pos diff of 0.025 the rewards where from 8.75% to 9.3% rough estimate 140k of tek minted 9700 units

Hang in there! The winds of change are blowing according to the DEV team. I am currently holding off on staking.  At some point 'ol Micro-man has to turn off the diff-o-matic so he can stake, I will jump in then, or... the promised change is a coming!  

I dont know if a wallet change effects the age of my coin, (I suspect not.) But even if I loose a round of stake to fix the problem, I am totally cool with it. The additional 60 days after the maturity date prorated is something great to fall back on, especially now.  You won't loose by waiting, and could win big.  Patience young grasshopper!

You may be right there. I've been watching Press Tab's block explorer and I've not noticed anything near a 40% hit for a couple of months now. If that is the case, it tells me that the micro-men could have split their coin stashes up into amounts smaller than are detectable by Press Tab's Rich List radar, hoping to build up coin weight on the sly, over a longer period than has previously been the case.

But like all submarines hiding in the murky depths they are bound to come up for air soon. If they don't, they are going to be frustrated by the imminent fork eliminating micro-stakes. Keep watching and sound the alert when the diff plummets.

Depth charges at the ready. Let's flush these little ******* out!
128  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: March 01, 2016, 03:24:25 AM
To you Cryptopia folks,
Just wanted to take a moment and extend my gratitude for listing TEK.  Had you not been kind enough to allow us on your exchange, we would have  been homeless in the wake of the Craptastrophy.

In light of what has happened historically, Mt. Got, Cryptsy, etc. I don't believe it is ever a good idea to leave large amounts parked on any exchange. It is not a matter of trust, but more about limiting exposure.  Large accounts attract unwanted attention, and why set up the exchange for a hack attempt because folks are too lazy to wallet their own cash?

I hope some of you reading this understand that running an exchange is a labor of love until they generate enough volume to make some profit. That can be a long road.

So, before casting dispersions at folks,  I recommend that: 1. appreciate that they are putting lots of their time in trying to build their business, and we have benefitted. 2. Without folks willing to do this, we would not have places to trade our Alts, be kind.

Just my 2 cents, and thanks Cryptopia!

I agree. Whatever the rights and wrongs about the banning were, to attempt to put into jeopardy someone's livelihood is way over the top in my book. M33, you should have just bit the bullet and accepted that chat rooms can sometimes get heated and tempers frayed, leading to people being banned. Quite frankly what you said about the part-time, full-time aspect of someone's employment was pure tittle-tattle.

Some might cock an eyebrow at the flurry of 'F' words streaking across the southern sky from our antipodean cousins, but I say that it shows that the Cryptopia staff are passionate about their reputation and the service that they provide.

Yes, I'm biased. I've recommended Cryptopia in the past to Tek investors and to those investing in other altcoins. Cryptopia is a newish exchange trying to get established in the thankless world of cryptocurrency. Cryptopia provide a unique service and I've found them to be consistently reliable. I'm sure others have too. I want to see them succeed.
129  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Hi-Rate PoS SPROUTS sha256 pos+pow 芽菜货币 on: February 29, 2016, 02:46:10 AM
I am sorry if this has been answered already, I have been searching all over. My sprouts have been mature for days now, some at 90 days. Is there something I am missing? Is the coin no longer active or something or did I miss an update somewhere? I have been watching for any change in the past few days. So far nothing has been happening.

I've just successfully staked 10 million in 5 days. As a rough rule of thumb, the more you have the quicker it takes to stake. Anything between 200,000 to 1 million should stake within a reasonable amount of time. I've had much smaller stakes mint quickly, but that was months ago when I just started with Sprouts.

So to answer your question:
  • make sure that you open your wallet for staking, otherwise it won't happen. I know this is basic, but I notice that you are a newbie with only one post; and
  • acquire a decent amount - Sprouts are cheap enough to buy at the moment. 1 million should stake reasonably quickly before too long.

The minting tab should give you a clue. If it says that it is 100% (or close to 100%) certain that staking will occur within 24 hours, then it will - usually within a few hours.
130  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 15%] [ZEIT KNIGHTS] on: January 28, 2016, 12:52:48 AM
Nice to know everything is progressing well with one of my favourite coins!   Wink
131  Alternate cryptocurrencies / Announcements (Altcoins) / Re: HoboNickels - HBN - High Fast Stake - Version 1.5. Come on in the water's fine! on: January 11, 2016, 08:26:35 PM
I couldn't find HoboNickels on page 2 of Coinmarketcap where it normally is. Here's the reason why:

       Name             Market Cap     Price                     Available Supply     Volume(24h)%    Change (24h)
267 HoboNickels   265 BTC       0.00001499 BTC   17,645,609 HBN     0 BTC                       3.38 %


Low volume, but take a look at the 'Available Supply'. Surely a glitch?
132  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: January 10, 2016, 03:37:31 PM
Hello mates


Again my tekcoin wallet stop synchronize
Any one can help me put good config file here with nodes
What is the best config file

Thank you all
Try restarting your wallet every time it stalls. This is a common fix-it for all altcoin wallets. Try also getting rid of cookies and other memory depleters from your computer with Piriform's highly regarded Ccleaner. Free version:  https://www.piriform.com/ccleaner

Good luck!
133  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⒶNN☼SPROUTS☪STEAK CLOUD&BITTREX☯Hi✯PoS💰PoW▒CRYPTOßOT▒PAYSERVICES.COM▒BOUNTIES🚀 on: January 10, 2016, 02:35:59 PM
OK. I'm withdrawing any implied suggestion of bitebi9 as a possible home for Sprouts.

I've been playing with fire, using bitebi9 for small trades, not risking too much money. I made some 'interesting' deals and successfully withdrew them without too much trouble. However, I've just encountered some Cryptsy-style problems in trying to withdraw some Tek - "We are sorry, an unexpected error has occurred". Overall I've not lost any money, but ...

Extreme caution advised if trading on biteb9.
134  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: January 10, 2016, 02:11:56 PM
I've been playing with fire, using bitebi9 for small trades, not risking too much money. I made some 'interesting' deals and successfully withdrew them without too much trouble. However, I've just encountered some Cryptsy-style problems in trying to withdraw some Tek - "We are sorry, an unexpected error has occurred".

Extreme caution advised if trading on biteb9.
135  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⒶNN☼SPROUTS☪STEAK CLOUD&BITTREX☯Hi✯PoS💰PoW▒CRYPTOßOT▒PAYSERVICES.COM▒BOUNTIES🚀 on: January 09, 2016, 02:59:08 PM
Yes, I saw the screenshot showing the Cryptsy name tag. The Paul Vernon/Big Vern name is also prominently displayed in the biteb9 chat box. The question is how did biteb9 acquire their Cryptsy template?

Was it sold to them by Cryptsy e.g. as part of a franchise?
Was the template 'stolen' from Cryptsy?
Is it, in actual fact, Cryptsy reappearing in biteb9 clothing?

Cryptsy need to clear this up and address other highly defamatory accusations, of which there are quite a few. It amazes me that they don't seem to have done this already to any great extent. A simple statement could provide some clarification concerning the clouds of speculation surrounding Cryptsy at this present time.
136  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⒶNN☼SPROUTS☪STEAK CLOUD&BITTREX☯Hi✯PoS💰PoW▒CRYPTOßOT▒PAYSERVICES.COM▒BOUNTIES🚀 on: January 09, 2016, 01:46:56 PM
@ wence1975

Interesting, although your biteb9 warning is not in line with my experience. From now on, I will be more cautious in dealing with biteb9.

It is well known that biteb9 is using the Cryptsy template. Perhaps their inexperience is showing through in dealing with hiccups. Dalistar might be able to provide more information on this since he is a contributor to the other Sprouts thread (there are two) https://bitcointalk.org/index.php?topic=1103868.msg13414237#msg1.

Over to you Dalistar.
137  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⒶNN☼SPROUTS☪STEAK CLOUD&BITTREX☯Hi✯PoS💰PoW▒CRYPTOßOT▒PAYSERVICES.COM▒BOUNTIES🚀 on: January 09, 2016, 02:43:04 AM
Pardon me , but "bitebi9"Huh??
LOL

No!!!! They don't!!!

I can understand your reticence. I have expressed a similar sentiment in other threads because of the presumed association with Cryptsy.

However, 1) they do seem to be run by genuine Chinese personel separate from Cryptsy;
2) I've done several trades with them and all but one were executed very quickly; and
3) last but not least, they do seem to have a gateway into the important Chinese market.

So unless you have any direct experience with biteb9 contrary to mine, I suggest that we give them the benefit of the doubt for now.  Wink !!!
138  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS] on: January 08, 2016, 03:16:23 PM
Now the question of big volume exchange for ZEIT returns on the table.
Cryptopia is not yet there, neither is yobit. If we want to be a 'rare collectible coin' or something alike, I believe it is time to start looking for new home.

Cryptopia has been an excellent exchange , so has Yobit and SouthXchange personally more than happy with the 3 of them.
Bittrex or Bleutrade requires a buy in , Poloniex will require that the entire ZEIT community bug the ever living crap out of them to get on their exchange since they don't return emails.  Tongue

Most will be against paying for an exchange since we already have 3 good ones.
Poloniex will only be a BTC market, so I would prefer to wait until we are at least 2 sat before going after them.

However we are a community , so what does everyone else want to do?

Pay for another exchange?

Bug the crap out of Poloniex, (Now or after we hit 2 sat for a price)?

Or enjoy the 3 Current ones we have?

If you have any other ideas , post .

Consider this the ZEIT BrainStorming Session

 Cool

FYI:
Poloniex is under FINCERN and does not allow anyone in New York State to trade.
Now the question of big volume exchange for ZEIT returns on the table.
Cryptopia is not yet there, neither is yobit. If we want to be a 'rare collectible coin' or something alike, I believe it is time to start looking for new home.

Cryptopia has been an excellent exchange , so has Yobit and SouthXchange personally more than happy with the 3 of them.
Bittrex or Bleutrade requires a buy in , Poloniex will require that the entire ZEIT community bug the ever living crap out of them to get on their exchange since they don't return emails.  Tongue

Most will be against paying for an exchange since we already have 3 good ones.
Poloniex will only be a BTC market, so I would prefer to wait until we are at least 2 sat before going after them.

However we are a community , so what does everyone else want to do?

Pay for another exchange?

Bug the crap out of Poloniex, (Now or after we hit 2 sat for a price)?

Or enjoy the 3 Current ones we have?

If you have any other ideas , post .

Consider this the ZEIT BrainStorming Session

 Cool

FYI:
Poloniex is under FINCERN and does not allow anyone in New York State to trade.

Not used Southexchange to any great extent, but have found Yobit and Cryptopia to be two good exchanges to deal with. We should use them more.
139  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Now on CRYPTSY Hi-Rate PoS SPROUTS sha256 pos+pow 芽菜货币 on: January 08, 2016, 02:32:04 PM
There is a flaw in the though process of people who think that minted coins are immediatly for sale. That's wrong.
The hyper inflation doesn't matter until the coin reach 1 sat situation even  with a decent market cap.
A pos coin and even hi pos coin is not inflating (in the eye of the staker). The ability to mint coins allows you to keep the exact same share of coin total or market cap. That' s not the definition of economical inflation at all.
Everything else is speculation. And every person whiling to sell minted coin is losing a percentage of the total supply and is easying the coin distribution (which is nice for the other holders).
Sprouts didn't went to near 100k to 25k because of the pos mechanism.
The actual pos rate will only be a problem in a near future.
Decreasing the pos rate doesn't need to be hardcore.
Sprouts should remain hi-pos at least for fews years. (500% yearly is a bit  less than 2.5% every 5 days). ANd we can adopt a decreasing curve that is smooth, not a brutal rate reduction which will lead to no further adoption at all.
The only thing that matters at the end is the market cap not the number of coins (1 sat dead end apart).

Right now it's at 1,000,000% increase per year. I think we have to cut that rate and not overnight. I like the idea of decreasing it by even 5 - 10% slowly over the next 2 - 3 months until we achieve a lower target rate. If the community consensus would like a 2.5% rate, then we could certainly go with that.

Everyone, I've posted a poll to collect votes for the next 5 days on the desired future POS reward rate. Please visit the poll and cast your vote for the rate that you think we should target for the long term POS reward:

https://bitcointalk.org/index.php?topic=1316682.msg13461145#msg13461145



Looking at the github the apr is 730% a year. If compounded and staked on the 5th day for 73 flips over a year you would hit about 105,000% . Likely very few will do that, so the currencies overall actual rate will be much lower.

Thundertoe has spoken! That's enough for me.  Wink

First, let's agree on a coherent thread. At the moment, Sprouts has two active threads: this, the old one, but more frequently used; and https://bitcointalk.org/index.php?topic=1238834.0

Secondly, to partially repeat my parallel post, this coin is tailor-made for the gaming industry ... not that I am a gambler. With Quark, one of my original favourite coins, you have to keep on buying it to plug into games and casino options. With Sprouts you acquire a reasonable stash, keep it staking and you have a considerable, replenishing supply of coins to use. High yeild, if utilised in this way, would seem to be right up the street of a regular gamer, of which there are quite a few.

It's made for the exchanges too, or do I have to draw a diagram?
140  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⒶNN☼SPROUTS☪STEAK CLOUD&BITTREX☯Hi✯PoS💰PoW▒CRYPTOßOT▒PAYSERVICES.COM▒BOUNTIES🚀 on: January 08, 2016, 01:57:30 PM
Crunk, the community is not happy with the 'growth rate' of the coin. Many of them want some sort of inflation control. I do not believe inflation control is needed. Reference DOGE coin to see why. We can still grow Sprouts, don't get me wrong. The hardfork was suggested as a way to move away from the inflation. I would personally like to keep inflation as it is, although this being a community coin, we have to move as a community, or not move at all.

The fact that Cryptsy has gone belly up has caused a wealth of Bitcoin flow to leave the Sprouts market. We were getting 10-20 BTC market flow per day when Cryptsy was working as it should. Now we have half of a Bitcoin market flow on Bittrex. We can still thrive with this, although Sprouts is not flowing like it should. For some reason we were getting a lot more attention on Cryptsy. I would LOVE to see that attention move to Bittrex. Although, we have yet to see it. Feedback is needed and we can work on moving forward. I must announce though, Cryptsy has shot us in the leg. We are limping at this point. We need the community to come together to heal from this wound.

Ah I see now what you mean.

Personally I am not a fan of Bittrex either in my opinion Richie has got too big for his boots as well and feels he can do what ever he likes, and both the exchange Bittrex and Cryptsy don't care about coins like this one and the damage they are causing.

My SandG coin is invested in Sprouts so I have a reason to see it succeed, so if there is anything I can do to help please just ask, and when I do buy or sell Sprouts I use Cryptopia to accomplish it.

Thanks
Crunck

heh please enlighten me as to what I've done or explain what damage Bittrex has caused.  I would like to know if we are doing something that is negatively impacting anyone.

richie@bittrex

First off I said in " my opinion" and that in no way is linked to sprouts.

And that is what it is an opinion, I don't see how you help young and up coming coin by charging the amount of BTC you do, and then throwing them off when they have a bit of a bad time and the volume dips, but as i said that is my opinion only, and I guess you have a business model and as such the fee's and delisting is a necessity, i just feel you are in a position to be able to help new and improving coins and dont do enough, of coarse I dont know everything you do or dont do and you may do a lot i havent seen or noticed but i can only say as i find

Cheers
Crunck

That's fair and everyone is entitled to their opinion, but I think some your facts are off.  Less than 10% of coins ever listed have paid, and it was on their accord not ours.  If a coin wants us to rush launch them on their schedule we ask for a fee.  I don't think that is unfair.  We have listed over 600 coins that never paid a dime.

Also, I'm not sure what position you think we are in;  the only thing we can do is perform our due diligence and list coins that pass our compliance bar.  Our checks over the past 6 months have gotten even more vigorous because of all the scam coin launches that preceded them.  We cannot do anything other than provide a secure service that works smoothly.  Anything else we do would make us bias to a coin or developer and that is not something we engage in.

As for volume, we don't even look at volume until a coin has been trading for over a month.  De-listing is part of every healthy ecosystem. Nasdaq/NYSE all have rules around market cap/volume/etc. We have been very transparent of what our requirements which are published. Even with those requirements, any coin that has an active dev or community usually gets a free pass for a while. I'd personally rather have all active markets than a bunch of dead markets no one cares about.

None of these things are because I'm "too big for my boots" or Bittrex not caring about a coin.  It is a necessary evolution of how an exchange has to operate given the market conditions.  If you have ideas on things that we can do that would help, I'm open to any suggestions you have, so please feel free to PM me.  

thanks,
richie@bittrex

An interesting response!
Perhaps I have been a little quick to judge, and you are correct in your assumption that some of my facts are off, I didnt know less than 10% were paying clients and if they get a rush job that is fair enough to be a paid service.
I apologise for being to quick and jumping to the wrong conclusion, and the way you have dealt with it by being polite and reasoned has not gone un noticed!  

Thanks
Crunck

Tis cool... you can always find us on IRC or the $JBS slack if you'd like to air your grievances.  I am always happy to listen or have a healthy conversation about our practices/guidelines/etc. Wink

Thanks,
richie@bittrex

So there you have it from the horses mouth! Nobody owes us a living. Too much speculation, although speculation in itself can provide desirable results. Cryptsy is still alive, but only just as it seems. Bittrex has taken us on seeing a possible potential. Cryptopia is our great standby. Screaming for other exchanges would, it seems to me, to be counter-productive ... unless they are in foreign, non-US markets such as Yobit. BTER and Biteb9 deserve our attention too.

Volume? At this time, I think most of us are too busy staking.

It's up to us as a community to provide a fertile ground for Sprouts to grow in. Let's not sit back and rely on Peonminer et al to provide all the fireworks ... and fireworks they have provided. Let's co-ordinate and think of ways to proliferate Sprouts to the sprouter limits.

One thing that strikes me is that this coin is tailor-made for the gaming industry ... not that I am a gambler. With Quark, one of my original favourite coins, you have to keep on buying it to plug into games and casino options. With Sprouts you acquire a reasonable stash, keep it staking and you have a considerable, replenishing supply of coins to use.

It's made for the exchanges too, or do I have to draw a diagram?
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