|
2 days now since I did a 0.1BTC withdrawl and it hasn't shown up in the block chain. I submitted a feedback ticket on the site, and it hasn't been fixed, I am not the only one that has reported missing BTC withdrawls over the last couple of days.
|
|
|
|
just did paypal for 8 usb thumbs Barntech  can you confirm you have received Thanks Can you say why you won't wait for the 8 chip boards to come back in stock? Is it like the person who replied to me said, that you want anything from them asap? The 8 chip board may never come back if Bitfury raise the chip price so the board can't make ROI anymore. |
|
|
|
is the site still up ? as I cant access it
It's up, but lots of things are broken and erundook is nowhere to be seen, so don't bother. |
|
|
|
By the facts, what I see is "beta" + "beta exchange" + "beta AiO pool" + "no fees and no transfert fees" => calling erundook an idiot is like forgetting you acted even dumber cuz you're BETA TESTING FOR FREE an exchange with (valuable) goods
By the same token, it shouldn't be live testing a site that's still being developed with other peoples coins either if it's not up to beta quality. It should be bogus funds added to the database for testing purposes, or mined on the test nets if you want to test the back end. I did a withdrawal of 0.1BTC as a test, got a notification to say it had been completed, and it showed the correct address, the withdrawal is still not in the block chain some 15hr later, so I would say the site is still broken, at least for me. Someone else in the chat box is saying they can't cancel orders. |
|
|
|
Actually BFL was a start up when they started selling FULL PAYMENT PRO-ORDERS for their FPGA line up which was late and they missed the power consumption. BFL used customer pre-order money to start up the FPGA line and the ASIC line. Secondly when you purchase some pre-order PS4 or game, Sony, EA, Blizzard DO NOT use the pre-order monies to develop the product. Secondly because a lot of those pre-orders are done with CC through a retailer, the retailer doesn't even get the money from the CC company UNTIL the product ships (the CC company puts a "hold" on the funds on the card so you can't spend it again) but the company doesn't receive a nickel until the product ships. Not to mention that both PS4 and game pre-orders do not lock your money into them form months, if you want a refund you will have it quickly (mostly because it would be against the law not to lol).
You can certainly justify this model to yourself and lots of others can justify it as well, however using full payment pre-order money to develop a product is not common in the real world and I assure if any of these companies end up in a court of law they will find out very quickly the law does not allow a company to shed most of their risk onto a CONSUMER.
I thought this discussion was about ASICs not how companies got started? |
|
|
|
It is pretty clear that the delay is planned and intentionally.
Back in May, ccmbc, a Chinese clone manufactur, told me that the Avalon chips would be shipped in Sep. He said he had contacts inside the Avalon team. Avalon team think if they ship in Sep, the early chip buyer will not lose money. I was surprised, and asked him to deliver message to ngzhang, shipping the order on time! the feed back is weird. they did not promise time, but "we will make the early buyer ROI"
Later, we found that ccmbc has lots of chips, it is very likely that it is from the private market created by the Avalon team. This is an evidence that ccmbc was telling the truth.
Avalon team is corrupted, untrustworth, scammy, selfish, and criminal.
This is what I am talking about. He forgot to mention that Avalon mine in competition with their clients too. |
|
|
|
The guys from the chatbox are hanging out there...
If I just wanted another chat box Cryptsy would be the choice. The IRC channel had like 4 people in it. |
|
|
|
Nah, there is gaping flaws. eg. BFL were not a startup, they were selling FPGA hardware well before ASIC, secondly pre-orders are common, just look at the PS4 for example, or many game titles.
Yea BFL is shit. But PS4 and most game titles don't use pre-orders to fund their development. In fact, I was under the impression that the pre-orders are generally run by the retailers, and not the manufacturer/developer at all. I often pre-order games from developers online. In BFL's case they are the retailer. |
|
|
|
We Miners, have to stop buying in to these ridiculous preorder fiasco's and stop supporting the Companies that want to use our Money to support their Large Scale ASIC Farms under the guise that they will send our Orders ASAP when Chips arrive. I call Bullshit after seeing what has gone on this last year or so
We Need to stop giving them our Hard-earned Money so they can NOT continue to use us to Fund Their "Get Rich with ASIC Schemes"! I'm sure there will be people who do not agree with me but having been burned myself and seeing the frustration of so many others on here I feel we need to put a stop to this ourselves! By Not giving them any more money!
It's almost embarrassing but there are just to many optimistic people who are only to happy to become investomers and fund someone else's business and shoulder someone else's risk because they believe in big returns. BFL and Avalon set the bar and were SO successful EVERY SINGLE other entrant in the retail hardware space (with the exception of ASICMINER) have done the same. Obviously risking other peoples money while not giving up equity is a wet dream come true for a start up, what I think a lot of these companies fail to realize is that legally speaking there is a pretty clear distinction between a customer and an investor and that the law does not have a definition for an investomer. Unfortunately it will be quite sometime IMO before we are done with full payment pre-orders (as much as I personally wish this wasn't the case). Better to work in a collective / cooperative manner and deal directly with fabricators. The individual has little or no recourse. I am not talking group buys I am talking proper collective / cooperatives where risk and capital investment is shared equally.To me this is the crux of the issue. I can't justify the current risk/reward proportions between the company and the customer. I find it so weird that people happily fund a complete strangers start up for no equity, all they ask for (and atm there isn't even a guarantee they will get it) is simply a machine that may or may not provide a positive return on investment before it becomes obsolete! Any vehicle that puts the risk reward proportions back the way the rest of the world works is a good thing. I am trying to think of another market where customers purchasing a product (no equity, royalties or future considerations are received just the product) also fund the start up of the business, can anyone think of one? I agree with that assessment at the time there were no avenues for other than pre-orders... let us hope that changes but given the size of an investment now for something off the shelf I doubt people have tens of thousands kicking around just to get in the game. The rich in this will get richer regardless of the available hardware be it pre order or off the shelf. That is where I am thinking the game has really changed. There will be fewer avenues for the individual. Nah, there is gaping flaws. eg. BFL were not a startup, they were selling FPGA hardware well before ASIC, secondly pre-orders are common, just look at the PS4 for example, or many game titles. |
|
|
|
Channel ##trollbox on freenode IRC.
I just tried it, doesn't seem to have anything to do with the BTC-e chat box. |
|
|
|
You can always go to the trollbox channel in IRC.
What's the details? |
|
|
|
|
I got a 600 day ban from the chat box by the admin with no reason, looking at the trollbox archive I mentioned an exchange coinex.pw a few times in the context of discussing ZET (Zetacoin) which had just been released, and could only be traded there. For that I get banned for over a year and a half, go figure! I have never had a ban before, I am generally very careful.
|
|
|
|
i was on coinex for the first few days. Works great but you can't make withdrawals just yet. If you can cope with waiting to withdraw it definitely seems to payout.
cheers
The withdrawls have just been switched back on. |
|
|
|
Just wanted to say thanks to all people who supported us while recovering from all this mess.
You guys are awesome, thank you!
I still think you should switch on a minimal transaction fee to top up the hot wallets. Like 0.1% or if you thing that's too high 0.05% Zero fees is cute, but unrealistic. |
|
|
|
Hydro yeah I understand that, but you should also understand as with any service they tend to experience issues sometime and that's when it's your turn to understand, nothing is perfect.
Just be a bit patient.
Man, I get it, and if it was my exchange funds, I would be understanding, but its not, its what I mined in a pool. The exchange and his pools, should NOT be operating on the same servers, let alone the same wallets, and if they are, then this guy is a complete idiot. If ZetaCoin had sky rocketed, while withdrawls were disabled, then he'd have a whole lot of pissed off people on his hands. When CNC had hit its peek, the pool I had been mining at for a month, had withdrawls disabled, and I wanted to murder the guy, as I watched the price bottom out, and I was unable to sell Zetacoin did. It's now down to half what it peaked at whilst the exchange was disabled, missed out on some good trading. |
|
|
|
Edit to add:Here's my zetacoin.conf. No need to share one that is working. Here's one that doesn't. listen=1
daemon=1
server=1
rpcuser=myusername
rpcpassword=mypassword
rpcport=17334
rcpallowip=127.0.0.1
rpcallowip=10.0.13.*
maxconnections=80
addnode=188.252.16.110
addnode=54.212.51.236
addnode=75.162.220.45
addnode=105.236.111.72 And yes, of course I tried 17333 first. I used to have banscore=1 in there as well but took it out to see if that would help. The default RPC port is 17335 not 17333 or 17334. See this thread. https://cryptocointalk.com/topic/953-zetacoin-zet-information 17333 is the default connect port so that would cause a problem if you tried to put RPC on it. |
|
|
|
From looking at the source code on github, I see the Chinese devs committed a change to the difficulty adjustment formula 2 months ago! They changed the difficulty adjustment from +/- 400% every 3.5days, down to +/- 150% every 24hours. Not terrific, still too aggressive and infrequent, but way better than it is at the moment. The change is programmed to take effect at block 60,500 which is a long way off. Make sure your client is updated to version 0.6.4 as this is a hard fork Windows QT Client: http://sourceforge.net/projects/chncoin/files/0.6.4/CHNCoin-0.6.4-Windows-QT.zip/download Mac QT Client: http://sourceforge.net/projects/chncoin/files/0.6.4/CHNCoin-0.6.4-Mac-QT.zip/download Linux Client: http://sourceforge.net/projects/chncoin/files/0.6.4/CHNCoin-0.6.4-Linux.zip/download Essentially what will happen is at block 60,480 the next old style 400% difficulty adjustment will occur as usual, which will cause a massive drop in difficulty, so the next 20 blocks, until the new less aggressive formula kicks in, will pass rapidly. |
|
|
|
[
Oh, even Trendon didn't catch a bullet, and will finally be put to court.
And I see a huge distance between Trendon and Yifu.
Ente
It all boils down to who you ripped off, if it's a large enough cross section of the public, then you takes your chances, there are a lot of nutters out there, |
|
|
|
|
Show Posts
