Did Bittrex really say this somewhere???
4.bittrex - you know what guys, your rules excluded a huge swath of the community, and rubbed a lot of people the wrong way, so we do not want you...
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ok, i will take one last crack at it... i am sure it will be futile, but.....
minerals coin - if you have been successful at crypto, and reinvested your profits in hardware thus amassing what is considered a "farm", we do not want you... and if you choose to participate, you would have to be neutered to a portion of your speed...
everyone in the thread - hooray for fairness...
minerals coin - if you don't have the time to keep up with all the latest announcements, and mine in a multipool, we do no want you...
everyone in the thread - hooray for fairness...
minerals coin - if you spent years building up a user base, rolling out new features and building trust within the community to create a successful pool, we do not want you...
everyone in the thread - hooray for fairness...
bittrex - you know what guys, your rules excluded a huge swath of the community, and rubbed a lot of people the wrong way, so we do not want you...
everyone in the thread - this is so totally unfair...
am i the only one seeing irony here ?
you have 500 other coins to rape which you have raped together with the asics.. continue raping them. it is you and they that have destroyed them.. they are all yours.. this one coin.. this one fucking coin.. is for us gpu miners. ONE FUCKING COIN!!!! That's right by golly!!
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am i the only one seeing the irony here ? here's a coin whose sole goal was exclusion... exclusion of the pools, exclusion of the exchanges... pretty much total control of every aspect of mining and trading... and now that some of the exchanges have decided to exclude this coin, suddenly there is bitching and moaning ? irony ))))))) Also you need to get your facts straight. At no point have exchanges been excluded. Early on the dev was happy to give source to exchanges willing to add minerals. How do you think the coin was added to C-Cex?? a sweetheart deal is how it was added to c-cex... small exchange, easy to control volume... like i said, this coin is all about "control"... controlling the participation, controlling the hashrate, and controlling which exchange is allowed to trade this and when, and excluding anyone and everyone that doesn't fit with that model... it was made clear from the beginning, for example, that this coin will not be on bittrex during the pow stage... so they were excluded... if i ran bittrex, right about now i would be giving a very "cold shoulder" response to this coin in public (which is kind of what they're doing), while in private i would be thinking - go screw yourself... This coin is about showing how a coin can have fair distribution if pools are willing to limit mining farms and big hashers. If anything, pools introduce control. why do you think so many coins are threatened by 51% attack. It is because pools, unwilling to limit miners gain 51% of the network. Now isn't 51% a controlling stake in the network? This coin has really opened my eyes to the greed mentality some pools have. I will be staying well clear of these particular pools in the future. this has me more confused then anything i have read so far... if one entity controlling 51 percent of total hash is bad, then how is one entity controlling the entire mining process a "fair distribution" ? WOW, Suggest you get your FACTS correct before you make to much more of a fool of yourself... READ then entire thread !! This coin has had the fairest distribution of ANY to date PERIOD!!! Why do you think the powers that be as SO PISSED... i got my facts from this thread... there is one entity that controls all of the mining pools... so again, if 51 percent attacks are such a big deal, how is 100 percent control of all mining a fair distribution... please, less accusations, and more actual answers Lets re-phrase it. Lets assume the definition of fair distribution is to have coins distributed more equally over more miners. Lets now take the following two examples: A 100 miners of which 5 have 800Mhs farms. No hash limitation. Big 800Mhs farms join the pools and by end of distribution phase you have 5 miners with 80% of the coins and 95 miners with 20% of the coins. B 100 miners of which 5 have 800MHs farms. Hash limitation. the 800MHs farms get kicked. They get pissed and move on to another coin to rape, pump and dump. By the end of distribution phase 95 miners have 100% of the coins in relation to there much smaller hash rates. Which of these two options had the fairest distribution? If all pools would play along and could be trusted, then the source could be given to all pools in faith that the pool will limit hash rates. If one pool goes rogue and drop the limitations the big farms and multipools move in to rape the coin and the whole launch is ruined. The other pools will have to drop limitations as well and the whole thing will move back to square one where the large farms rape the coin. The only way to ensure that no pool breaks rank and drop the limitations is to have a small number of pools under centralised control that can be monitored closely. This was a first experiment down this line. I am sure there could be better ways to do this in future, eg. to have a trusted third party (almost like escrow) providing a pool service where the pool management can be segregated from the dev team but still be run in a centralised fashion. That 3rd party will then have to make sure that no pool under its watch breaks rank. The Min method of fair distribution might just be the way of the future. you are a thousand percent correct, but only from a view of a small miner... yes, for a small miner not dealing with "predators" like farms and multipools is great... but does that make it a fair distribution ? again, the entire mining process was controlled (i added a d here, so that other guy won't flip out again) by one entity... and that one entity decided who is to be included or excluded from the process... once you have that, it is no longer a fair distribution... dude... the big miners could have joined with a 50mhs rig as well... if they wanted a piece of a fair coin... they would have done that why would they ? would you ever get involved with a venture that is specifically setup to ostricize you and paint you as evil ? OMG - you Jehovas Witness now? LOL I'm done debating with him,,, he missed something somewhere I'm not sure what it is,, maybe he missed mining pow or something,, IDK Its all good min is alive and well
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Earlier I contacted coins-e and here is the response I got: Hi PeterPalmBeach, Looks like a good coin. Here ya go: https://www.coins-e.com/exchange/MIN_BTC/Kind regards, Jessica edit: dev, please add to OP. Thanks Nice
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am i the only one seeing the irony here ? here's a coin whose sole goal was exclusion... exclusion of the pools, exclusion of the exchanges... pretty much total control of every aspect of mining and trading... and now that some of the exchanges have decided to exclude this coin, suddenly there is bitching and moaning ? irony ))))))) Also you need to get your facts straight. At no point have exchanges been excluded. Early on the dev was happy to give source to exchanges willing to add minerals. How do you think the coin was added to C-Cex?? a sweetheart deal is how it was added to c-cex... small exchange, easy to control volume... like i said, this coin is all about "control"... controlling the participation, controlling the hashrate, and controlling which exchange is allowed to trade this and when, and excluding anyone and everyone that doesn't fit with that model... it was made clear from the beginning, for example, that this coin will not be on bittrex during the pow stage... so they were excluded... if i ran bittrex, right about now i would be giving a very "cold shoulder" response to this coin in public (which is kind of what they're doing), while in private i would be thinking - go screw yourself... This coin is about showing how a coin can have fair distribution if pools are willing to limit mining farms and big hashers. If anything, pools introduce control. why do you think so many coins are threatened by 51% attack. It is because pools, unwilling to limit miners gain 51% of the network. Now isn't 51% a controlling stake in the network? This coin has really opened my eyes to the greed mentality some pools have. I will be staying well clear of these particular pools in the future. this has me more confused then anything i have read so far... if one entity controlling 51 percent of total hash is bad, then how is one entity controlling the entire mining process a "fair distribution" ? WOW, Suggest you get your FACTS correct before you make to much more of a fool of yourself... READ then entire thread !! This coin has had the fairest distribution of ANY to date PERIOD!!! Why do you think the powers that be as SO PISSED... i got my facts from this thread... there is one entity that controls all of the mining pools... so again, if 51 percent attacks are such a big deal, how is 100 percent control of all mining a fair distribution... please, less accusations, and more actual answers Lets re-phrase it. Lets assume the definition of fair distribution is to have coins distributed more equally over more miners. Lets now take the following two examples: A 100 miners of which 5 have 800Mhs farms. No hash limitation. Big 800Mhs farms join the pools and by end of distribution phase you have 5 miners with 80% of the coins and 95 miners with 20% of the coins. B 100 miners of which 5 have 800MHs farms. Hash limitation. the 800MHs farms get kicked. They get pissed and move on to another coin to rape, pump and dump. By the end of distribution phase 95 miners have 100% of the coins in relation to there much smaller hash rates. Which of these two options had the fairest distribution? If all pools would play along and could be trusted, then the source could be given to all pools in faith that the pool will limit hash rates. If one pool goes rogue and drop the limitations the big farms and multipools move in to rape the coin and the whole launch is ruined. The other pools will have to drop limitations as well and the whole thing will move back to square one where the large farms rape the coin. The only way to ensure that no pool breaks rank and drop the limitations is to have a small number of pools under centralised control that can be monitored closely. This was a first experiment down this line. I am sure there could be better ways to do this in future, eg. to have a trusted third party (almost like escrow) providing a pool service where the pool management can be segregated from the dev team but still be run in a centralised fashion. That 3rd party will then have to make sure that no pool under its watch breaks rank. The Min method of fair distribution might just be the way of the future. Gosh I wish I had wrote that...perfect definition for the concept well said bro.
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am i the only one seeing the irony here ? here's a coin whose sole goal was exclusion... exclusion of the pools, exclusion of the exchanges... pretty much total control of every aspect of mining and trading... and now that some of the exchanges have decided to exclude this coin, suddenly there is bitching and moaning ? irony ))))))) Also you need to get your facts straight. At no point have exchanges been excluded. Early on the dev was happy to give source to exchanges willing to add minerals. How do you think the coin was added to C-Cex?? a sweetheart deal is how it was added to c-cex... small exchange, easy to control volume... like i said, this coin is all about "control"... controlling the participation, controlling the hashrate, and controlling which exchange is allowed to trade this and when, and excluding anyone and everyone that doesn't fit with that model... it was made clear from the beginning, for example, that this coin will not be on bittrex during the pow stage... so they were excluded... if i ran bittrex, right about now i would be giving a very "cold shoulder" response to this coin in public (which is kind of what they're doing), while in private i would be thinking - go screw yourself... I see it a bit differently. more like here it is world, if anyone wants to participate in this coin this way your free to. So that's what I did because I like what the dev is doing, I liked mining on his clean and efficient pools, and felt I got a fair share for what I contributed in mining and its seems I'm not alone. Now if Bittrex wants to hold off? which we don't know that in any way yet, other exchanges will come on one by one and more than likely be some bigger ones soon, eventually then bittrex and any others who may be snubbing this coin now will cave in,,, money talks bullshit walks
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am i the only one seeing the irony here ? here's a coin whose sole goal was exclusion... exclusion of the pools, exclusion of the exchanges... pretty much total control of every aspect of mining and trading... and now that some of the exchanges have decided to exclude this coin, suddenly there is bitching and moaning ? irony ))))))) Also you need to get your facts straight. At no point have exchanges been excluded. Early on the dev was happy to give source to exchanges willing to add minerals. How do you think the coin was added to C-Cex?? That is correct.
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am i the only one seeing the irony here ? here's a coin whose sole goal was exclusion... exclusion of the pools, exclusion of the exchanges... pretty much total control of every aspect of mining and trading... and now that some of the exchanges have decided to exclude this coin, suddenly there is bitching and moaning ? irony ))))))) Well exchanges should be universal and non prejudice of any coins, if they have a potential such as MIN and maybe even a real usefulness and there should be no politics involved. A few days ago when binaryclock posted his bullshit post that's when the light became a little clearer of how some and his gang anyways, feel they are entitled to host any coin without restrictions, and that's simply bullshit. All they are mad about is not having the chance to milk another coin in pool fee's. There is no governing rules here only what appears now to be a "good ol boy" network I had never thought existed, not to say all pool owners and exchange operators feel that way?? Bittrex needs to step up and list this coin well the getting is good!
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Noticed I had a payout from multipool at noon or so today east coast time. So that worked so far lol
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It seems like the altcoin scene is heavily monopolized by big pools and some exchanges. I wonder if the rest of the community is aware of this. Will probably make a bigger thread about this if Bittrex doesn't list it in the next few days.
I think what we're seeing here deserves a lot more attention. It's bigger than the coin itself at this point.
Ya looks like "the good old boys" system here lol I hope Bittrex is above all that for the good of everyone. To see others in anyway trying to isolate or push this dev and the coin out of the mainstream is really eye opening... Never seen anything like this from pool owner community,,, lets just hope this doesn't affect the exchanges willingness to list MIN because of their whining.
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Anybody received payment from multipool?
I can confirm that my multipool payment is resting in my pool account Ya me too
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Bittrex should take notice quickly I do expect. I have seen some really shit coins get on there fast lol, if not I will email Richie lol
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2 days later 5000+ very well could be
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btw, is it confirmed that bittrex will be adding minerals once pow is over?
I much rather trade on bittrex than c-cex tbh
i want to buy minerals but don't feel comfortable depositing too much BTC into c-cex
that's what I was wondering? ,,,there may not be any magical appearance on bittrex and soaring prices lol,,, hope so tho! I'm going to leave the coins I have on CEX trade there, so long as the market there keeps step with bittrex and there is no issues. I did a test sale and withdrawal yesterday and couldn't have been happier with CEX. Ok,,, almost finish time!!
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I suppose Ill give the MP a whirl, got my account setup and will repoint miners at pos try anything once lol Ill just be measuring the payouts vs. the overall average for the last few days of mining now ,,,, short of this price surge, that I feel is coming... ,,, and decide If the MP is for me... I do appreciate the devs holding off till after its pos this could actually get exciting heh"
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700+ Sats now.
Bittrex is gona go APE!
800+ now! to da moon! yessir lol
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If a coins sole purpose is to sustain a MP payout system and it seems to stop there with no other real use in the world ...it will just rot away... now if 2 competing MP pools want to use the same coin like MIN for a payout, that could change things as they would be putting a demand on the coin as well ,, that would be interesting. But there again, if only existing to be used as a payout ... I don't see it ever going but so high in value, and odds are it will be at best, the same at average of all other coins values. So I don't have much use for multipools and not ashamed to say it
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MP pump price of course.
perhaps and perhaps not? lol, but it would be nice to see how a coin as such would stand on its own without an MP propping it up or supposedly so,,, I haven't seen where a multipool has really done anything long term for a coin,,,, they go up and they go down just like the rest of the coins. I think if a coin can perform well for what its intended uses are for the world, then there will be no need for a MP to attempt to make stable and worth more,,, just haven't seen it done
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I just got a new and shiny vaporX 7950 today ... warranty replacement but I don't want to shut down rigs to put it in lol,,, so I think Ill wait till after pos.... maybe not.. lol
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Don't dump your coins when MIN enter Bittrex, wait for Multipool- this pump price very high.
explain -this pump price very high?
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