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2381  Alternate cryptocurrencies / Altcoin Discussion / Re: What coin will replace DRK/DASH ? on: May 09, 2015, 08:11:44 PM
Then all anon coins are better than Bitcoin.
Except for certain factors like liquidity and security, yes. These will be resolved once Monero/Dash/etc attain more users and market capitalization.  I don't use Bitcoin in any way other than as an investment vehicle.

Well... I don't think I can say something against that claim. Some people may understand why.
2382  Alternate cryptocurrencies / Altcoin Discussion / Re: What coin will replace DRK/DASH ? on: May 09, 2015, 07:59:45 PM
Anon coins are just an excuse for pump and dump schemes. Period.
I'll never use a coin that isn't anonymous. Being stuck with a transparent blockchain would be a dystopian nightmare. I'd rather just scuttle cryptocurrency altogether at that point. This should be rather obvious to anyone with even a halfway functioning brain.

Then all anon coins are better than Bitcoin.
2383  Alternate cryptocurrencies / Altcoin Discussion / Re: What coin will replace DRK/DASH ? on: May 09, 2015, 07:40:09 PM
Anon coins are just an excuse for pump and dump schemes. Period.
2384  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] XANAXCOIN [XNX] | LAUNCH 04/27/2015 | SCRYPT | PoW | NO ICO | FAIR LAUNCH on: May 09, 2015, 06:43:35 PM
Don't know why you are supporting this guys.
It seems that the developer have disappeared, but you want it on bigger exchange.
Can someone point me a reason for that, other than list it, pump it and dump to poor people who decide to give it a shot?
I would also be very suprised if exchange list a coin without developer support.
Just take this over or let it die, because it is not fair to other people.
2385  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [COV] Coven [3% PoS/33k Supply][Indistinguishability Obfuscator/Anno Feat] on: May 09, 2015, 06:08:31 PM
The current title of the thread is

 [ANN] [COV] Coven [3% PoS/33k Supply][Indistinguishability Obfuscator/Anno Feat]

Please make suggestions for an (intermediate!) thread subject, to get more attention to our search, and regrouping.

[ANN][COV][33k supply/3% PoS | Undertaker needed]

Grin

Now seriously... anyone had any luck with developer? 
2386  Alternate cryptocurrencies / Altcoin Discussion / Re: VIRAL: Beware pure scam incoming on: May 09, 2015, 04:45:48 PM
Who's expecting fair play in the alt coin world?

Honest people?
2387  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FAILCoin | Scrypt | Plans and Updates | Cryptocloudhosting | EmpoEx on: May 09, 2015, 04:30:19 PM
Dear FAILers,

We have decided to use cryptoID block explorer rather than create our own, because we think it has every features needed.
Here you can see example of BlackCoin's explorer. It will be live next week.

Cheers,
Spartak
2388  Alternate cryptocurrencies / Altcoin Discussion / Re: Looking for developer who can develop Altcoin Android Wallet using open source on: May 09, 2015, 03:09:20 PM
hello,

I'm looking for developer who can make Android Wallet for my altcoin using any of open sources below.

https://github.com/schildbach/bitcoin-wallet

https://github.com/keystore00/monacoin-wallet-new

https://github.com/Coinomi/coinomi-android

https://github.com/hank/litecoin-wallet




I'm familiar working with web wallets but not android wallet.

If you have experience making one or capable of developing then please PM me or contact me via skype : jleefly to discuss cost and more.


Cheers~


Hello,

Which is your altcoin?
2389  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do so many people ride their losses? on: May 09, 2015, 03:06:59 PM
As long they still hold the coin, they still have hope that some day they might break even.

To be honest I think they can as long as people behind given cryptocurrency work on it's adoption. Otherwise the coin itself starts getting boring and therefore people are starting to dump it.
I can't understand why so many people are asking for features. It's like comparing US and Australian dollar bills.. first one is uglier imho, but it is more valuable.
I mean come on.. try go to some store and try to buy something. When the salesman ask you: "Why your coin is worth $2 and not $1?", you can then answer: "Because it has masternodes."... duh... like I care.
When people understand what is the MAIN purpose of cryptocurrencies, then they will not lose that much and long term concept can be changed.

2390  Alternate cryptocurrencies / Altcoin Discussion / Re: VIRAL: Beware pure scam incoming on: May 09, 2015, 02:46:30 PM
This is just like a share buyback.  Companies do it all the time.

If they believe that Viral is going to succeed they use the company funds to leverage their exposure.

Not during the IPO. If any company tried that, the SEC would be all over them and the officers of that company would soon find themselves in jail.

this is not a company or shares...

That doesn't matter. What matters is that it is not fair play.
2391  Alternate cryptocurrencies / Altcoin Discussion / Re: Terms which are crypto coin community exclusive on: May 09, 2015, 11:59:48 AM
The real problem which most (probably 95%+) of the coins have is that their developers/teams (if they have one) are not working hard on adoption. Currently we have many coins with fancy features, but this is not helping them at all. While developing cryptocurrencies is a race in technology, which in future will improve them, it is the adoption which must be considered as the greatest benefit of them all.
2392  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do so many people ride their losses? on: May 09, 2015, 11:36:18 AM
I know what you mean about bad decisions, or bad timing creating opportunity losses. Probably my worst opportunity loss was VeriCoin. It's been about a year ago that VRC was launched and I was its original community manager and in charge of PR. I mined the coin from day one and held over 100k VRC when the price hit about 55k. I was stuck. I was sitting on a huge profit ( it cost me less than $10 to mine those coins) and I couldn't cash in on my profits. That was a huge opportunity loss. After I stepped down as community manager I was more free to sell, but by then the price was much, much lower. I made a profit, but I still kick myself for putting myself in a position where I couldn't sell.

Though I've never researched VeriCoin (I was just not interested in it), I think it was raped, because it was pumped and dumped very hard. I don't think it's rise in price was normal. Currently it seems that VRC is doing good given recent situation on the markets and prices of altcoins.
2393  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do so many people ride their losses? on: May 09, 2015, 11:28:31 AM
Here's a dude who DOES NOT EVEN KEEP RECORDS... but "considers himself a good trader".

I think this will answer your question.

Don't you think it's better to remember when you actually make some profit rather than remember your losses? You can think what you wish.

EDIT: And there is no way to preddict pumps which occured back in the days. Even if you were Warren Buffett.
2394  Alternate cryptocurrencies / Altcoin Discussion / Re: Terms which are crypto coin community exclusive on: May 09, 2015, 11:24:02 AM
Although I agree it's used a lot to describe most altcoins out there, that's not really exclusive to cryptocurrencies.

Well, for the past 1.5 years marketcap is shrinked about 4 times and we have hundreds of new coins in it. Lately a lot more started to launch too. While I believe in future of cryptocurrencies we should agree that situation is not looking very good at the moment.
2395  Alternate cryptocurrencies / Altcoin Discussion / Re: Terms which are crypto coin community exclusive on: May 09, 2015, 11:02:36 AM
You guys forgot the most important word (and outcome for most of the coins) out there.

FAIL

Grin
2396  Alternate cryptocurrencies / Altcoin Discussion / Re: Can someone explain to me what DPOS is? on: May 09, 2015, 10:09:48 AM
How many kinds of POS are there?

Try researching bitcointalk or make some searches on Google. Sometimes you can't explain something with simple post and there are detailed documents about how different PoS is working.
2397  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FAILCoin | Scrypt | Plans and Updates | Cryptocloudhosting | EmpoEx on: May 09, 2015, 10:07:24 AM
Thank you for your support guys.

I posted this, because a discussion was started in our indonesian Facebook group.
You can see it already has 108 members and Sigit (retnods) and me are pretty active there.
We are not selling roadmaps and graphics. Our goals are to gain your trust.
I can't promise you high price, volume or anything related to that, but you can be sure that FAIL team will be one of the best examples about honesty and transparency.

Cheers,
Spartak
2398  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do so many people ride their losses? on: May 09, 2015, 09:46:57 AM
I think the question here is why people are holding coins despite that everything points to decline in price (no matter what kind of intentions creator of the currency has) and miss oportunities for profit. Personally I had lost thousands of BTC on bad decisions (not bought when I had to, sold too early, bagholding). I think there is nothing wrong holding a coin, but lately that concept is not working very good.

Just asking.. is it 1000+ btc's or $1000+ . If its thousand btc's, you should very rich guy for you to gamble in altcoins

BTC. I can give few examples. I can't exactly remember how I did with Moon and EAC for example, but I do remember that I sold 10s of millions coins while they were dirty cheap. I do remember TIPS though. Smiley Back in those days I was mining with 6 x R9 270x with 2.7 - 3 MH in total. I was able to mine 130-160M TIPS/day with this hashrate. I was happy enough to sell them at 1-2 litoshi, because profit was bigger than to mine LTC directly. Probably many people remember that TIPS didn't exactly explode at first and difficulty was pretty low. It took probably 2 months until Cryptsy listed it and guess what happened? Smiley While you was able to buy/sell it at 4-5 litoshi on ConedUp, the price went up to 170 litoshi. I think I was holding 400M coins and participated in the "fight" for BTC pair with 227 LTC. The outcome was bad. My buy wall was eaten in under 1-2 minutes. At the end I sold my TIPS @ ~30-40 litoshi weeks later. Frankly speaking I believed that TIPS can make you very good profit, but the problem is that I am working with investor and I wanted fast results. That is why I didn't always mined TIPS directly, but I think that I've managed to accumulate about 3B coins. This is about 5327 LTC x ~$30 = $159,810.

Another example is BC. I was very active on CoinEx (nickname bulgar1an) and Smurf01 (or something like it...), which is a dutch guy who I was familiar with told me to buy when the price was 500 satoshi on Poloniex. I didn't listened to him, but then decided to buy at higher price (probably ~1000-1200 satoshi) and I bought about 250k coins. Probably a week later (don't exactly remember) sold them with x4-x5 profit and I was pretty happy. I wasn't very happy when it hit $0.58/coin 2 weeks later though. So 250k coins x $0.58 = $145,000.

So far my loses on bad decisions (I am talking about bad decisions (impatience for example).. not that I didn't make any profit) are $304,810 at only 2 coins.

Now assume that I am mining with 420MH scrypt since May 2014 and I was able to mine $800-1100/day worth of alts. If I tell you how much LTC I have and what is my loss on bad decision (not to sell them) your mouth will stay open for hours. Cheesy I had several bad decisions again. Smiley

While I consider myself as a good trader, I did failed numerous of times by holding coins.

I think this will answer your question.
2399  Alternate cryptocurrencies / Altcoin Discussion / Re: Can someone explain to me how PoS works? on: May 09, 2015, 09:23:55 AM
and also i want to let you know that today i doubled my holdings just by staking  Grin

Yeah, I've checked last posts on PayCon while I was looking on it's specs. Kinda crazy interest. Smiley
2400  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FAILCoin | Scrypt | Plans and Updates | Cryptocloudhosting | EmpoEx on: May 09, 2015, 09:14:53 AM
Hello,

Some people are still eager to see FAIL on bigger exchanges and decided to make this clear for the last time. If we currently try and succeed to list FAILCoin on exchanges like Bittrex and Cryptsy, the result will be:

1. It will be a big lie from us. While some people find normal to list a coin right/soon after it launches, we think that a coin must first build some fundamentals. FAIL is not ready yet.
2. There will be no volume.
3. FAILCoin will die fast.

We know very well that patience is not really a virtue in cryptoworld and we probably risk people to lose interest in FAILCoin, but what we can promise is that we are going to work hard to avoid this outcome. FAILCoin does not currently deserve to be promoted and that is why we remain silent.

Stay FAILed!

Cheers,
Spartak
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