#11 on Coinmarketcap and no Polo?
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These permissioned ledger systems can certainly be a useful tool for collections of organizations, but make no mistake: they fundamentally do not and cannot solve the same problem Bitcoin solves.
Agreed, they are out to solve different problems.
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If a buy order is there one moment and I click sell and my sell doesn't fill due to the buy disappearing and this happens again and again, then Poloniex must be involved.
Again, no, because I have done that myself and I don't work for Poloniex. I have also demolished the price of coins while holding a substantial short position. Poloniex is simply very easy to manipulate. I am willing to prove it through live video. You can observe another person making an order and place your order before theirs? I highly doubt it but if you think you can prove it then I'd like to see that. The OP is not talking about people just withdrawing orders when they are getting eaten into by various people in bits, they are talking about signs of actual frontrunning - where they are removed due to knowledge of a single order and the ability to get in before it. That's not to say they are right because it could just be coincidence, but still... Exactly.
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If a buy order is there one moment and I click sell and my sell doesn't fill due to the buy disappearing and this happens again and again, then Poloniex must be involved.
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So many times now I have dumped some coins into a Poloniex market only to find that my sell was only partially filled. The buy orders which were in place the moment before I clicked the sell button apparently disappeared. This has happened so many times now that I'm confident Poloniex is front-running the orders. Has anyone else noticed this?
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Please explain the advantage of running these apps on ether? I'm psyched for Augur and Slock.it
... or on Rootstock ... or on a real platform (4x faster and already scalable): But just don't blindly take my word for it like lemmings. Let's see what the Augur devs themselves are saying about "potential multi-chain development" https://bitsharestalk.org/index.php/topic,21906.msg285385.html#msg285385"we really want to test out BitShares as a platform on a real useful use case" Who can you trust more? trolls or blockchain certified developers? Why would they use the BitShares blockchain? Because they know that if they don't, then someone else will. What makes you think an Augur dev posted that?
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I believe you can download the page from augur.net and execute it locally.
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I think we're overlooking that which has made other mining networks successful. BTC was first and so is popular as a store and transfer of value, ETH has smart contract functionality. This creates demand for these coins (speculative or otherwise) which increases the price which incentivizes miners to support the network.
If we want more miners/folders then our coin must have a strong value proposition. Currently it has none besides philanthropy and we are experiencing exactly how much that is worth in the marketplace.
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You only need to back up factoid_wallet_bolt.db
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Did they produce anything?
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How much did they raise in crowdfunding?
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I've set up and used the Factom GUI on Linux about 5 or 6 times, but nothing seems to be running at localhost:8093 this time with the latest factom.deb. factomd output looks good and this is all of my walletapp output: $ walletapp 2016/03/05 11:03:07 read factom config file: /home/user/.factom/factomd.conf 2016/03/05 11:03:07 ERROR Reading config file! Server starting with default settings... open /home/user/.factom/factomd.conf: no such file or directory ===============> I deleted everything and started over a couple times with the same result.
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Hello All,
I would like the thank the factom team for responding to my issue. If anyone is having the syncing issue and is on Windows I wrote up a quick little batch script to kill the factomd process and restart it. The wallet will download about 500 blocks and then stop. I got tired of clicking x every 3 minutes so I decided to be lazy. That being said, it's over 24 hours with the script running and the blockchian is nearly synced. I think the factom team REALLY needs to get a handle on this growing bug. It's only been out for a few months and it already takes 24 hours+ to fully sync the chain because of that bug. Imagine how bad it will be a year from now.
That alone will kill the price and make it nearly unusable. Factom dev team I would suggest making that bug a priority to fix before it gets too out of hand.
@echo off cls :start start factomd TIMEOUT /T 240 TSKILL factomd TIMEOUT /T 10 echo -------------------------- echo looping to start echo -------------------------- goto start
Is it really taking 24 hours to sync now? The last time I set up factom (which was recently) it took just a few minutes.
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Otherwise the only real buy pressure comes from speculators or those inclined to purchase on a philanthropic basis to encourage more contribution to Folding@Home.
Looking at the historical price of this coin, it's relatively stable. There is no new and significant functionality or utility to look forward to in the future so buying on speculation of a price rise doesn't make sense. "Miners" (folders?) must be constantly dumping to pay the bills so the price should be on a steady decline, but it isn't. Is philanthropy really the explanation for this?
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3 days and no posts. This is not confidence inspiring for new investors.
You'll find that our slack chat is more active than this thread. Several more days of nothing. I was on slack and it was much much worse then I thought. Current discussion is about abandoning and making a counterparty 2. There needs to be regular updates and they need to be posted here. Right now I feel like I wasted several thousand dollars. The state of this project is not good. The effective strategy seems to be "wait and see what happens no matter how long it takes". Meanwhile competing projects press forward and gain mindshare even if their implementations are not perfect. Counterparty needs to implement Ethereum smart contracts in testnet ASAP or risk "too little too late" syndrome. I think it is on the testnet already for almost 1 year. It's just no one uses testnet. No, it's not.
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No. Ethereum has an unrelated project with the same name.
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Do any other coins have a shrinking supply like BCY?
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No clue. Both the new and old Slack channels are also dead for the most part.
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3 days and no posts. This is not confidence inspiring for new investors.
You'll find that our slack chat is more active than this thread. Several more days of nothing. I was on slack and it was much much worse then I thought. Current discussion is about abandoning and making a counterparty 2. There needs to be regular updates and they need to be posted here. Right now I feel like I wasted several thousand dollars. The state of this project is not good. The effective strategy seems to be "wait and see what happens no matter how long it takes". Meanwhile competing projects press forward and gain mindshare even if their implementations are not perfect. Counterparty needs to implement Ethereum smart contracts in testnet ASAP or risk "too little too late" syndrome.
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