Would be funny to see Josh dump 98% of the float onto the market all at once, would be the most epic crash ever.
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SCAM ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif) Oh I had a great idea for PayCon!! The disappearing exchange How much would it cost to have a basic exchange made? Coinhey looks like it was made with not much effort. What about if we made an exchange as a parody of newbie accounts and exchanges being hacked/dissappearing? Something like Coinhey could probably be done pretty easily and could be handled with escrow manually, say like if you could place an order of CON but still be able to hold onto your own Coins. What if you could use BitCoin redeemscripts with timelocks on them for and set it up as an order to be completed with matching it with the receiving bitcoin address and PayCon address to send to.
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I am skeptical of Coinhey
The exchange was created like 2 days ago by newbie accounts and promoted by brand new accounts.
Volume also looks staged as well, has more volume than C-Cex already in a tight range ranges.
Withdrawl fee is 1% which is OK if you were running an exchange but it doesn't list it in the OP.
Support is also hard to get a hold of, can send them a message but no way of knowing whether it was sent or not and no description of how to get a hold of support other then being able to send an email to some address.
When withdrawing there is no txid's and take a long time to process, I think all the withdrawals are handled manually.
I think it's important to support new exchanges but should use extreme caution if you decide to use it.
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I am skeptical of Coinhey The exchange was created like 2 days ago by newbie accounts and promoted by brand new accounts. https://bitcointalk.org/index.php?topic=966893.0Volume also looks staged as well, has more volume than C-Cex already in a tight range https://www.coinhey.com/trading/CON_BTCWithdrawl fee is 1% which is OK if you were running an exchange but it doesn't list it in the OP. Support is also hard to get a hold of, can send them a message but no way of knowing whether it was sent or not and no description of how to get a hold of support. When withdrawing there is no txid's and take a long time to process, I think all the withdrawals are handled manually. I think it's important to support new exchanges but should just be careful if you decide to use it.
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Hippie hates everyone apparently. Change your name to Beatnik son!
It's all good, all posts bump the thread free bumps for everyone!
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I have in my portfolio 293988.69962105 coins, with that amount generate something in my purse when mature ??
Yes but it would be best to split them up into larger Blocks such as 150k each Block to Stake. You would gain 5000 Coins per Block that you Stake plus the fees included in the Block.
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MasterCard would be stupid to do a deal where one person is holding exponential money printers, they would be better off taking a large basket of Cryptocurrencies or even Bitcoin for that matter.
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Hope they aren't trying to con us ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Nobody can con us, we ARE con ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) You have been conned by muddafudda and his sock and/or "candygirl". Candygirl is how he referenced the random users who are foolish enough to "dev" once of his clones. After reading that "spare an addnode" gaff, Cresty seems to be one of his many "girls". lol I am only me, who are you? you think I'm everyone lol
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at some point this week, more than likely tomorrow. i will make the windows installer for the new MWC wallet. basically. here is what happened:
in-wallet-trading works (probably could use some gui updates but i will do that later).
Problems(i guess): it works 100% on linux because you need to have openSSL installed to compile the wallet
windows: works if you have openSSL installed, which itself is a process. if you dont have it installed you will get a connection error. the reason for this error is we encrypted the connection to the cryptsy api to keep information safe, and without openSSL it wont know how to decode / encode the messages (this isnt exactly how it works but thats the gist of it)
so the installer will install all the necessary libraries for you (with your approval of course) so that the in-wallet-trading will work
(i assume that there is a similar problem with macs, but further testing / feedback is needed)
so thats the hold up on that.
You should try to work in a feature in which you can have the return amount automatically sent back to your wallet and look where you can use Bitcoin or other currencies and be sent to your cryptsy account, buy the specified Coins, and return them to your wallet or a specified address. I think what would be cool is if you could do connections through openssl to external wallets and have your own central control station of all your wallets as a light API itself. On mac the in wallet trading is working like it should. You are right we need to do some works on the gui. As for sending amounts automaticly to the wallet, as Crestington refers to, I think that it's better to leave that up to the holder of the coin to decide. That is a withdraw and in my opinion we should NOT allow any kind of withdraws made via the wallet, this should be done via the website from the exchange using 2FA...not via API Yeah and that is still really good though, probably the most advanced wallet yet but always can use improvement. Would be great to be able to have some kind of instant buy function, maybe where it's bought from the exchange from coins within the exchange and then an escrowed transaction for the coins?? How can the time be cut down between transfers of the coins and the destination? and in one click of a button? For mainstream adoption it will need to be so easy to use that people not familiar with Cryptocurrencies or technology at all can use it. You should also create your team on http://slack.com , it'll help you communicate with each other more efficiently.
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Hope they aren't trying to con us ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Nobody can con us, we ARE con ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I set a warning for the addition of the exchange just in case. I had my orders go through ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Warning this site is a likely scam, many users are losing money trading on it
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Warning this site is a likely scam, many users are losing money trading on it
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Nice I picked a bit up as arbitrage to see if I can make a small gain as well. Ok now that there is a few exchanges we should really look more into the rewards and fees and honing anything that might require a hardfork. The earlier on in a Cryptocurrency, the less time you need in order to make a protocol change. We had everyone switched over on the first fork in 24 hours in a 7 day window with no real issues and that's actually quite remarkable. If CON was listed on some 20 exchanges, then the time in order to make a change to the protocol grows so you would have to give more time in order to make sure everyone was on the right version. I'm not saying I have any protocol changes in mind right now but that we should always be looking to make changes to how the Coin functions and rewards it's holders. I've got a few things on the go and already have the BTC for it from earlier so there isn't anything else needed to raise funds for atm but I'll hold onto it and as we get these couple things out of the way we can look at what else we can spend our CON on.
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Nice, this is really good because more exchanges offer arbitrage opportunities and spreads out the Coins and not so reliant on one main exchange, the CON is a little stronger now ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) How long you suppose Bittrex will last until they list CON for free? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I dont know,But i wish it will be on Bittrex As long as we keep pushing it higher then there can be enough profits that we can pool some funds and just pay Bittrex as well. There is no sell pressure unless Coin holders sell which is what you want anyways (as long as it's sold for more than what it was paid for). If we can get on Bittrex I also know some people that do multipools and could get CON added pretty easily and then you can mine for CON and that would help with more buy pressure.
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at some point this week, more than likely tomorrow. i will make the windows installer for the new MWC wallet. basically. here is what happened:
in-wallet-trading works (probably could use some gui updates but i will do that later).
Problems(i guess): it works 100% on linux because you need to have openSSL installed to compile the wallet
windows: works if you have openSSL installed, which itself is a process. if you dont have it installed you will get a connection error. the reason for this error is we encrypted the connection to the cryptsy api to keep information safe, and without openSSL it wont know how to decode / encode the messages (this isnt exactly how it works but thats the gist of it)
so the installer will install all the necessary libraries for you (with your approval of course) so that the in-wallet-trading will work
(i assume that there is a similar problem with macs, but further testing / feedback is needed)
so thats the hold up on that.
You should try to work in a feature in which you can have the return amount automatically sent back to your wallet and look where you can use Bitcoin or other currencies and be sent to your cryptsy account, buy the specified Coins, and return them to your wallet or a specified address. I think what would be cool is if you could do connections through openssl to external wallets and have your own central control station of all your wallets as a light API itself.
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Nice, this is really good because more exchanges offer arbitrage opportunities and spreads out the Coins and not so reliant on one main exchange, the CON is a little stronger now ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) How long you suppose Bittrex will last until they list CON for free?
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... If you are a bit savvy with compiling from source as well, you can also change the split and combine thresholds in the wallet.cpp file to help you split and combine your Blocks more efficiently and at a later date, user adjustable thresholds will be part of a wallet update. ...
You mean this part in wallet.cpp? 22 unsigned int nStakeSplitAge = 5 * 24 * 60 * 60; 23 int64_t nStakeCombineThreshold = 500 * COIN;
Interesting, but then I have to compile again. Yes, you would have to compile again. If you were running on Linux, you could compile it into another directory and switch as you need. The actual function of what that does is that after 5 days, it will combine multiple Blocks under 500 and the reward into one single Block. If it's past 5 days and you Stake with a Block but it's the only Block in the address or above 500, it will still combine the Block and reward into a single Block. You wouldn't want all your Blocks combining though as it's important for security of the network to have a lot of Blocks competing on the network for Stake and more Blocks gives you a higher chance to Stake. Well, I have installed 2 new PayCon wallets. The first was compiled with the modified wallet.cpp, the second with the original file. Both Wallets are running simultaneously. If everything works well, after a few days I will report the results ... And I have to make me a little familiar with the coin control function. Fantastic, I look forward to your results. I also included use of "Use of minimal Coinage when sending" function borrowed from BlackCoin that you can use as well, it will pull from your youngest Coins automatically when sending.
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Oh that's awesome. I had an idea to start a coin where every Bitcoin holder got some. Now I'm just holding my paycon ready for the honors program. My 50 CON will get me $1000!
I'm pretty great at php but I'm taking a break for a while. Looking for Bitcoin opportunities.
What is php mainly used for? I remember rewt made an exchange for someone with php but it had been hacked. From my understanding php has a lot of security holes and not well suited for Cryptocurrencies in general. More novices use php hence the bad reputation. There's also problems with large integers that if you didn't know about can cause losses. Many beginners also forget sql transactions and let race errors happen. But Facebook and Yahoo use php exceedingly well. How versed are you with C/C++ ? I also created paycon.slack.com group if you want to sign up, you can even do it with a throwaway email address and helps for people to communicate a little more privately. I don't know any c. I'll try the slack group. That's all good, I'm still progressing myself. I think of this as more of a learning experience and trying some new stuff and to create a Cryptocurrency that actually increases in value over time, even on the charts. I definitely can't do it all on my own and I like sharing knowledge, I find most everyone has their own niche' in which there are certain things they really excel at. Let's trade ideas and see what we can make. You'll need to send me the email address in which you register with (or post it here) so I can validate it for paycon.slack.com
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