Is there any truth to what scam_exposer has said? 

Good grief people!  89% of the hashrate is on one pool.  People need to move some hashrate off of Tales from the scrypt pool.  I'm not faulting Tales for having excellent launches but they need to disable registration and people need to spread that hashrate around. Preferably to p2pool.  

p2pool is doing great.  Lot's of blocks and you don't need to worry about suspect pool operators.  Plus it's better for the coin.

More p2pool is better for the coin. 

So far
P2P POOLS
http://asia01.poolhash.org:17903/static/
http://204.12.193.178:17903/static/
http://give.ipool.me


People should mine at p2pool.  It is the best for the coin and you make the same amount of coin.

Three blocks

You deserve any bounty you get.  p2p warrior.

It helps to spread the hashrate out and is more decentralized.

You got that right.  Let's see what happens here.  Good launch, good support, lets hope the p2p takes a majority of the hashrate.

Cool.  Thanks.  Keep us informed please.

p2p address?

There we go.  Yay!

Easy mining.  Good Launch.

Someone bought 4 love for 0.00002798.  Nobody's buying at those prices except someone making a lame attempt at driving the price up.  Look at the trades for any volume.  There isn't much buying interest for this coin because of the 3/4 million bought for a few btc at IPO.  They got it so cheap that they can dump at almost any price and make a profit.  Buyers know this and will stay away because of it.  The orders tell it all.  Too many coins out there for next to nothing.  Not much incentive to buy.  It's too bad because the coin had a good launch.  The amount of cheap coins floating around from the IPO essentially kills any interest in buying this coin.


Buy Orders    Total: 0.024499 BTC
Price   LOVE   BTC
0.000007   2   0.000014
0.000005   1067   0.005335
0.000003   1000   0.003
0.00000003   38333.33333333   0.00115
0.00000001   1500000   0.015


Sell Orders    Total: 38469.585593 LOVE
Price   LOVE   BTC
0.000012   256   0.003072
0.00001799   1070   0.0192493
0.00001802   622.752   0.01122199
0.00002231   1463.189418   0.03264376
0.000023   456   0.010488
0.000024   6   0.000144
0.000025   1234.8875   0.03087219
0.00002531   1000   0.02531
0.00002795   684.763688   0.01913915
0.00002796   698   0.01951608
0.00002797   1190.02   0.03328486
0.00002798   965   0.0270007
0.00002799   969   0.02712231
0.000028   896   0.025088
0.0000281   128.98   0.00362434
0.0000282   34   0.0009588
0.0000285   734   0.020919
0.0000288   548   0.0157824
0.000029   863.34   0.02503686
0.0000291   99.8   0.00290418
0.0000299   863.34   0.02581387
0.00003   1740   0.0522
0.0000309   879   0.0271611
0.000031   4   0.000124
0.00003199   879   0.02811921
0.00003299   4   0.00013196
0.00003399   5   0.00016995
0.00003499   979   0.03425521
0.000035   100   0.0035
0.0000365   1000   0.0365
0.000039   100   0.0039
0.00004   1200   0.048
0.000044   1925   0.0847
0.0000447   5000   0.2235
0.00005   698.876   0.0349438
0.000055   897   0.049335
0.00006   5.186302   0.00031118
0.000065   972   0.06318
0.00007   1777.123   0.12439861
0.000085   34.98646   0.00297385
0.0000875   253.156243   0.02215117
0.00009   800   0.072
0.000099   40   0.00396
0.0001   800   0.08
0.00015   1004   0.1506
0.00025   552.787474   0.13819687
0.0005   2030.397508   1.01519875
0.001   5   0.005
0.03   1   0.03

I don't know where you get off calling people muppet miners.  Many people mined for hours.  Without miners a coin dies.  Miners have every right to do whatever they want to with the coins they mined. The network hashrate is a fraction of what it was yesterday because miners have moved away from this coin.  How can they justify mining this coin for the small returns they get when they see that 121790.2321 were bought for .1 btc?

I don't blame them.  They want to get their investment back.  I still don't know what this coin offers and how it has any future.  I feel like I wasted hours mining this coin for what I got.  Especially with 3/4 million+ IPO coins.  I should have kept my miners on drk.  Good luck with this coin.  I'm dumping mine for whatever I can get.



779,712 waiting to go to market here alone.

zxm7001 0.1 BTC 121790.2321 LOVE
***  0.21021021 BTC  256015.247 LOVE
BoogieWater 0.25 BTC  304475.5803 LOVE    
Prominence  3 LTC 97432.18571 LOVE

I think scamexposer raised some interesting issues.  I disagree with you that the maildrop is a donation but I don't think the IRS is concerned about a voucher for a basically worthless cryptocurrency.  The FinCen issues are real however and could pose a significant problem with this coin going forward.  They are doing this in the United States where laws are different from the other countries where drops have been done.  The Bank Secrecy Act of 1970 has been amended several times and includes provisions in title III of the USA PATRIOT Act. The BSA is sometimes called the “Anti-money laundering” (AML) law.   I would be very careful with anything that potentially falls under the US Patriot Act.  


 I did a quick search and found this:


Virtual Currency Users Not to Be Regulated  This would be the recipients of the vouchers

FinCen has stated that virtual currency “users” will not be regulated.

A user is a person that obtains virtual currency to purchase goods or services. FinCen clarified that a user of virtual currency is not a money service business and not subject to registration, reporting, and recordkeeping regulations.

Virtual Currency Exchangers and Administrators to be Regulated   This would be SiliconValley Coin

An exchanger is anyone who exchanges (as a business) virtual currency for real currency, funds, or other virtual currency. An administrator is a person issues (puts into circulation) a virtual currency as a business, and who has the authority to redeem (to withdraw from circulation) such virtual currency

Virtual Currency Exchangers and Administrators are “money transmitters” according to FinCEN. They fall under the BSA Act and must register with FinCEN and satisfy all reporting and recordkeeping requirments.
  


2. Centralized Virtual Currencies (eg. Second Life’s Linden Dollars)

The administrator of any centralized convertible virtual currency is a money transmitter. This is because it allows transfers of value between persons or from one location to another. In addition, any exchanger that uses its access to the convertible virtual currency services provided by the administrator to accept/transmit the convertible virtual currency on behalf of others, including transfers intended to pay a third party for virtual goods and services, is also a money transmitter.

Examples: An exchanger (acting as a “seller” of the convertible virtual currency) that accepts real currency or its equivalent from a user (the “purchaser”) and transmits the value of that real currency to fund the user’s convertible virtual currency account with the administrator. If the exchanger is providing the service of connecting the user to the administrator and the only services being provided are money transmission services and nothing else, then the exhanger is subject to regulation.

OR the de facto sale of convertible virtual currency. The exchanger accepts currency or its equivalent from a user and privately credits the user with an appropriate portion of the exchanger’s own convertible virtual currency held with the administrator of the repository. The exchanger then transmits that internally credited value to third parties at the user’s direction.

What's good about it?

Those accounts were likely created just to pump the coin since the value is going down despite the posting of the junk mail vouchers.  It's slipping on low volume.  I guess we're not the only ones skeptical of this coin and the ridiculous concept of sending junk mail to the richest people in America.


21    SiliconValleyCoin   $ 2,181,266   $   0.12   17,601,325 XSV**   $ 722       -52.40 %

I love women, fast cars, fine wine, good Scotch, etc...  I don't and never will love some pump and dump cryptocurrency.  You need to get a life.