Reviewing the trades from the first day's operation of the BitBar / Bitcoin google docs exchange topic - https://docs.google.com/spreadsheet/ccc?key=0AvzceU1B6xtPdFg0M2kza2pQQ2o0b2RzNFZnRlNiclE#gid=0The following orders were fulfilled,from newest to oldest: Buy 55 BTB at 1.2 BTC per BTB (vlaouu321) Buy 1 BTB at 1.2 BTC per BTB (bitpar) Buy 5 BTB at 1 BTC per BTB (cvrchameleon) Buy 24? BTB at 1 BTC per BTB (Blitzmd) Buy 0.5 BTB at 0.5 BTC per BTB (Boelens) I also saw a couple of topics where orders looked to be filled at 1 BTC per BTB. What will the future hold? Only the free market and supply and demand can decide, but it's certainly interesting to see a new cryptocurrency sell for such high prices. This is the first time in history a cryptocurrency is being bought and sold for higher than Bitcoin... if nothing else it is a historic moment! Miners are flocking to the coin as the network hashrate is growing fast as is the difficulty, the coming days are going to be very interesting  |
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lmao. One of the funniest threads I have ever read on here
p.s. pm me if you're selling any
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You can remove my order, it was filled thank you so much!
No problem. Did you buy them at 1.5BTC per BitBar like in your recent thread or did you buy them at the rate in the spreadsheet? (so I can fill in the recent trades part correctly) i bought 1:1 Cheers mate. |
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Removing my order, as it was filled... thanks xorxor for 3 trades!
Removed! Epic fast I see, was going to do it then saw it gone lol Boelens is getting the hang now  BTW Boelens, add new entries on bottom row, and then a do sort according to BTC, inserting a new row breaks the formatting. (and formulas) Yep, I'm pretty fast, certainly getting the hang! And I could do that, now I just insert a new row then shift click the other pair and drag it up, it's not really that much of trouble but thanks for the tip! =). Good tip. Btw can you add CvR's order to the recent orders list. I would but I've forgotten what amount his trade was for.  It's added now, I didn't do it though, not sure who did. I did He happened to pm me. |
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You can remove my order, it was filled thank you so much!
No problem. Did you buy them at 1.5BTC per BitBar like in your recent thread or did you buy them at the rate in the spreadsheet? (so I can fill in the recent trades part correctly) |
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Bump for BitBar folk who missed this. |
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you pay 1.5 BTC for a newly created alt coin, this gets funnier each day  jealously in the thread |
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Removing my order, as it was filled... thanks xorxor for 3 trades!
Removed! Epic fast I see, was going to do it then saw it gone lol Boelens is getting the hang now BTW Boelens, add new entries on bottom row, and then a do sort according to BTC, inserting a new row breaks the formatting. (and formulas) Yep, I'm pretty fast, certainly getting the hang! And I could do that, now I just insert a new row then shift click the other pair and drag it up, it's not really that much of trouble but thanks for the tip! =). Good tip. Btw can you add CvR's order to the recent orders list. I would but I've forgotten what amount his trade was for. |
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Good man |
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U should publish an address for donation. It's very unlikely someone will code the implementation for free.
This. Look at all the hard work Sunny has done for PPCoin for free and yet he gets constant trolling for it. It's a thankless task! |
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I messaged Sunny about this a while back Would be interested to hear any more thoughts of his on this. I know he is busy strengthening the proof of stake side of the network (I believe). |
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The interesting twist for me is the fact that the coins are extremely rare and the coins are thought of as 'bars', being a lot more valuable than coins.
The code itself is mostly based on NVC, with some changes to make the coins more scarce.
Novacoin has always been undervalued in my book though because it picked up a bad reputation bribing btc-e.com
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Works well for me. But I still transfer all my funds out as soon my trades are closed.  |
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Hmm this looks like FUD to me.. Collapse, Bitbar was announced at 17.30 and according to the blockchain only 5 minutes worth of mining occured prior to the announcement?
From the block explorer I see:
2013-05-02 13:56:10 to 2013-05-02 14:00:06 - Five minutes of mining
After that nothing until 17:32:
2013-05-02 17:32:10 - First block found after 17:30 announcement on the forum
Am I misunderstanding it? Please correct me if I am wrong but that looks like only 5 minutes of mining before it was publicly announced.
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substrata is right about 59.644201 premine.
I'm not a developer, but I was one of the testers. I mined 60 blocks in testing few hours before launch, deleted the wrong, alpha-testing chain and joined network after the launch with higher blocks and in fact taken over first 60 blocks.
I have only 130kh miner so I was shocked for my "luck".
If I would just stay connected before launch, dev's would see my blocks and we would delete blockchains again.
Its all my fault. I'm a crappy tester, sorry.
Unfortunately I sold them.
I'm in the proces of buing them back [at much higher price], I will destroy them, or give it as a bounty for an exchange. Its for you to decide. Luckily for me I got some donated for this cause, so I would not be totaly broken.
BTB goes to history books not only as a first ALT to brake 1BTC price level, but also the lousiest premine ever made, premine that made me broke, not rich... I'm an idiot.
Give them as a bounty for the first automated exchange imo (after a month of it being out in the wild so we know it's secure) I looked at the Block Chain and it was only 5 minutes of mining before the launch... I don't think that is a big deal and chalked it up as testing. But some people are really anal about these details which is why I think a bounty donation would be great for the community |
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I need to address something else. I'm asked a lot about the adoption of some kind of useful work for a coin. Netcoin will not directly incorporate this. However, I'm looking to incorporate coloured "coins" in subsequent editions of the whitepaper, which can be arbitrarily generated by an address. So, say you have an address owned by Folding@Home. This address can then generate x many coloured 'Folding@Home' coins (which contain an originator field with the address from which they spawned). These coins can then be traded for NTC using the blockchain as an intermediary and two conditional transactions dependent on the presence of the other transaction. This facilitates non-NTC coins from whatever source and also decentralized exchanges (as the blockchain can be used as an escrow).
Nice idea. You are putting a lot of thought into this project. If this coin has just half the things you write about it's going to be a winner. Are you going to have any kind of checkpointing with Netcoin? |
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