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1821  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ★★ EBT Coin - PoW/PoS - EBT Qt 2.0 Wallets Hardened against Heartbleed!!★★ on: April 19, 2014, 06:56:34 PM
For all that I gleam about EBT in terms of physical, mental, and electronic work that goes into EBT why is it that via Market Cap the coin's price and volume are both extremely low?



Not a lot of people mining, so the diff is low. It is cheap to mine some of them.


True, and that is a good thing, but has no direct effect on the valuation of the cryptocurrency.  Miners usually accept whatever the market would give, however within the marketplace between traders, that is where the real market value is created until it is used in real life.   






For all that I gleam about EBT in terms of physical, mental, and electronic work that goes into EBT why is it that via Market Cap the coin's price and volume are both extremely low?


The Market Cap for BTC (Bitcoin) is as high as it is because everyone knows about it.  They might not understand Bitcoin, or use bitcoin, but they know about it and so they're investing in it.

Who knows anything about the 300+ alt-coins, including EBT, other than a few miners and posters on bitcointalk.org?

The doom of every altcoin is that it comes out and miners try to get as much of it as they can to sell on an exchange for BTC.  Other than trade up value to BTC, altcoins aren't good for anything else yet.  That's why I'm hoping that flea market site takes off and other sites like it follow.

Until coins are actively being used to buy real goods and services and merchants are willing to accept them they're not good for anything, so why put value into them?

This is why we need to entire community to push for EBT to be accepted at sites like altoutlet.com so that we can actually use the coins for something.  We need more developers who believe in EBT to build faucets, dice games, make promotions, publish news articles about it.

EBT's value is low right now because no one knows about EBT and those who do know about EBT can't do anything with it.

# of EBT faucets: 1 (magicinternetmoney)
# of BTC faucets: 100+

# of businesses accepting EBT:  0 (for now)
# of businesses accepting BTC:  12,000

# of "real" news articles about EBT:  0 (for now)
# of "real" news articles about BTC:  many and daily

BTC's value for the first 2.5 years was under $1
EBT has only been out 4 months?

It's up to us as early adopters to change this.








There are MANY coins that have come out AFTER EBT do a whole lot less work and have vastly higher values across the board. 

EBT is an undervalued, underapprecated work horse, I think I'll have to change that.

1822  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] TopCoin [TOP] - 12 game casino, 11 exchanges, safe from instadumpers on: April 19, 2014, 06:25:17 PM
People! its time we got TOP on cryptsy.

the payment address is
15kUfryfQhwnRMupTpCu3XacwbnZTFPtRf

https://blockchain.info/address/15kUfryfQhwnRMupTpCu3XacwbnZTFPtRf?filter=2

https://www.cryptsy.com/coinvotes/

I have just donated 0.11 BTC, if everybody else would do the same will stand a chance,

Any amount is fine even if you send 0.001 BTC or less it will still help!!

Common guys!! lets get TOP to the TOP!!


BTW im still giving away TOPcoins to random posters who have their TOP address in their sig!!


I'm confused, if the value is nose diving on MintPal, why would you think it would you think it would be attractive to Cryptsy or anyone else (even mintpal if they didn't already have it)? 

Please enlighten me as to the process of selection other than the monetary incentive.

thanks
1823  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ★★ EBT Coin - PoW/PoS - EBT Qt 2.0 Wallets Hardened against Heartbleed!!★★ on: April 19, 2014, 04:24:59 PM
For all that I gleam about EBT in terms of physical, mental, and electronic work that goes into EBT why is it that via Market Cap the coin's price and volume are both extremely low?

1824  Bitcoin / Bitcoin Discussion / Re: WARNING: PAYPAL STARTED MASSIVE ACCOUNT BAN ON ANYTHING BITCOIN RELATED on: April 19, 2014, 02:32:21 PM
A question that remains unanswered is why wouldn't Paypal send an SMS with a verification code when buying BTC or other cryptocurrencies to verify that:
A) You haven't been hacked.
B) This is done truly with your consent.

You certainly can't expect us to be naive enough to believe that it's all just technological limitations.

On the front end of the transaction via sms and the backend of the transaction via blockchain a BTC transaction is more secure, documented and SAFE than any other transaction that Paypal does.  This is easily proven, however they don't want to consider anything new because they are already making a tremendous amount of money on what they do.  It doesn't have to be logical it's Paypal.






1825  Alternate cryptocurrencies / Altcoin Discussion / Re: Beware FLT Bubble About To Pop ... on: April 18, 2014, 09:24:30 AM
just sold mine Grin

I think you lead the sell-off; care to speculate on how far it will drop until it levels off?
1826  Alternate cryptocurrencies / Altcoin Discussion / Re: Beware FLT Bubble About To Pop ... on: April 17, 2014, 11:43:25 PM
You're asking me to do your homework for you?  Usually kids pay other kids for that.  Make me an offer. Wink

Sure, here's my offer:

Sure, I'll hire you to teach Cryptocurrency Investments & Trading at the CryptocurrencyUniversity.com after it is launched



So you are offering to pay me with more work?  I don't need a job but thanks!

hahahaa, imparting wisdom isn't a job, it's an honor and often a pleasure.

1827  Alternate cryptocurrencies / Altcoin Discussion / Re: Beware FLT Bubble About To Pop ... on: April 17, 2014, 11:19:45 PM
You're asking me to do your homework for you?  Usually kids pay other kids for that.  Make me an offer. Wink

Sure, here's my offer:

Sure, I'll hire you to teach Cryptocurrency Investments & Trading at the CryptocurrencyUniversity.com after it is launched

1828  Alternate cryptocurrencies / Altcoin Discussion / Re: Beware FLT Bubble About To Pop ... on: April 17, 2014, 10:48:59 PM
Just passed 1 million market cap.  Now it's able to get on exchanges which have a 1M limit. This just happened 10 minutes ago.

Got listed on 2 exchanges today.

And if you've done you're homework you know all about tomorrow.

Why on earth would I sell my 400,000 FLT now?

So you can buy in cheap and the get the run up?

Hmmmmm.


hahahaa, nope my homework didn't cover that.  Would you kindly let me know where I could study what you have alluded to. 

Notwithstanding, FLT is on Cryptsy and Mintpal as such all other exchanges are somewhere in between.   

1829  Alternate cryptocurrencies / Altcoin Discussion / Beware FLT Bubble About To Pop ... on: April 17, 2014, 10:14:30 PM
Flutter is FLYING much higher than its wings can support, cash-out now before it's too late.
1830  Bitcoin / Bitcoin Discussion / Re: WARNING: PAYPAL STARTED MASSIVE ACCOUNT BAN ON ANYTHING BITCOIN RELATED on: April 17, 2014, 05:15:13 AM
I took PayPal to court and beat their ass just 2 weeks ago.

I sold a mining rig on EBay for $1,200.
Buyer claimed it didn't work.
I included screenshots of bfgminer working just fine, thank you very much.
I tried an extensive amount of tech support with him, he finally told me to go to hell and couldn't figure it out.
Guy files a claim with PayPal claiming "not as described" 2 months later.
They took purchase price out of my account.
Guy ships it back to me.
It works great.
I sold it on EBay again for $300.
New buyer is happy.  Works fine.

I took PayPal to small claims court in San Jose, CA (down the street from their office).
Judge ordered them to pay me the difference of $900.
Yesterday they paid.


glad you won  fact of the matter is they could have asked the judge to rule on the mediation/arbitration clause in the TOS just to screw you around for more months   

clearly you were not asking for much and lost a lot, paypal needs to be hit with a REAL suit with all of the bells and whistles attaches like punitive damages and temporary injunctions

they simply do too many arbitrary and capricious things systemically, then have little devil employees that love to screw customers over, over and above the system mandated screwing of customers (mainly sellers). 



 




1831  Economy / Service Discussion / Cryptsy Paused ... (wait don't try to trade yet) on: April 17, 2014, 04:59:09 AM
Cryptsy: "Trading paused to perform some maintenance.  Will resume shortly"

don't try to trade while they are doing their maint, or else you will certainly experience major problems. 
1832  Alternate cryptocurrencies / Altcoin Discussion / Re: Question About Poloniex on: April 17, 2014, 02:03:19 AM
thanks TiberiuC and everyone for the assistance
1833  Alternate cryptocurrencies / Altcoin Discussion / Re: Question About Poloniex on: April 17, 2014, 12:45:10 AM
Poloniex took BTC from the users who had money on at that moment. They promised to pay it back pay in 10 installments( payed 5 or 6 installments till now).
Trading is going normally and there were no major problems since then.

Thanks for your lightning fast reply.

I get that trading might go "normally" but my question is more about deposits and withdrawals, if I deposit btc will all of it get credited, and if I want to withdraw btc will all but the withdrawal fee be allowed to leave?
1834  Alternate cryptocurrencies / Altcoin Discussion / Question About Poloniex on: April 17, 2014, 12:25:35 AM
I know they had a btc issue, I know they found a community solution to mitigate it, I believe the problem is not finally resolved, so my question is what happens now over there?

If I want to do a trade there and I have BTC, if I transfer btc in will it automatically be assessed an entrance toll?  How are BTCs treated there now?  Is it ok in but not ok out, what's the policy?

thanks
1835  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is ANC So Low? on: April 16, 2014, 08:15:07 AM
The reason that ANC is not taking off is simple:
There are other far superior coins such as Darkcoin or even Fedoracoin.
ANC used i2p which basically makes your IP address private, but you can still trace transactions to a given address.

Darkcoin addresses this issue with darksend, which splits up the transaction across multiple nodes, so you cant directly link the sender.

1) thanks for your response
2) the since the time of the initial post ANC have risen sharply, then came back down to where it is
and
3) both coins you speak of are cut from the same cloth, from which you can create Gox wardrobes

1836  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is ANC So Low? on: April 16, 2014, 04:07:36 AM
Anc is on move,
I hope people realise how important is anonymity.
Anonymity is not a crime, it is freedom.


Some little rise of volume, and price is UP!
There are not many coins , just 878k, and total will be 4.2M

It looks like much of the Gox situation was essentially ANCed




Anc is on move,
I hope people realise how important is anonymity.
Anonymity is not a crime, it is freedom.

Some little rise of volume, and price is UP!
There are not many coins , just 878k, and total will be 4.2M

We will see 50$ per ANC soon...




hahahahaaaa ... you might see Jesus before that happens


The peak of BTC was approx $1200, the peak of ANC was .0148 BTC that results in about $18 ... as such if all of the stars align just for ANC, you should not expect to see  more than $20
1837  Bitcoin / Bitcoin Discussion / Re: List of Major Bitcoin Heists, Thefts, Hacks, Scams, and Losses on: April 15, 2014, 05:45:15 PM
must keep this thread saved for research purposes, apparently people need multiple examples for why they should be careful
1838  Economy / Trading Discussion / Re: Are There Any Exchanges That DON'T Use Bot? on: April 15, 2014, 04:32:12 AM



notice anything?


Even though it is not posted, the site ONLY allows a specific minimum, however notice the value 'protecting' the lower value under it; also notice on the other side the same situation, these are perfect example of improper use of bots.  Btw they stayed there for a prolonged period of time, so they are not simply spacer bots, or tempo bots, or tag bots, or notice bots, but shield bots to strongly encourage higher values on both sides instead of 'fair' trading by the actual traders.

1839  Economy / Trading Discussion / Are There Any Exchanges That DON'T Use Bot? on: April 15, 2014, 03:00:40 AM

Not referring to the automatic orders placed by actual humans for investor accounts, but the ones that only serve to bid you up and sell you out.

Are There Any Exchanges That DON'T Use Bots? 
1840  Alternate cryptocurrencies / Altcoin Discussion / Re: When/if will BlackCoin crash? on: April 14, 2014, 10:53:35 PM
well we found the ceiling, and now we found the medium as well, for the post rally drop 67 what an experience.


like bronco riding ... get you exhausted just looking at it



and now as the air is released from the bubble many scramble to cash out before they go broke
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