bter.com is brand new and unknown, hard to read, with large withdrawal requirements. cryptonit should not be used due to measures which are a standard for recordkeeping that they simply ignore.. I.E. If they crash they may not know how many coins belong to whom. Just putting a fair warning out there, search the form for my reasons why I tested bter with 100FTC, went fairly smooth, processing took long, and you can only withdraw whole BTC's 0.1,0.2,0.3. Apparently the whole withdrawal number is a limit in the javascript on the page. If you disable javascript in your browser you should be able to use decimal places. I haven't tried to withdraw yet. |
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Just signed up with BTER, I like that its Chinese - having a billion potential customers isn't something to be sniffed at!  I signed up to Bter.com yesterday, haven't done much just poking around, I have had many support tickets on Cryptonit.com 2 cases of deposits not showing up, although hundreds of confirmations, apparently a known bug. And at the moment I have a transaction I can't cancel to retrieve the funds, I click the blue X and it doesn't cancel, lodged a support ticket 24hours ago, heard nothing, not impressed. Some people say there are delays withdrawing on Bter.com, as it's a manual verification process. Certainly deposits appear very quickly. Manual withdrawal verification is not sustainable if they expect any reasonable volume of customers. |
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when you are 6 months late and 100% ROI has gone from hours to months during that 'gap' people have a right to bitch........
Hours lol, how much do you think BTC was worth 6mths ago to support you claim? |
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This sucks, I can't withdraw 0.13, only 0.1 :/
Read the post before your one. |
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You realize that there are probably 50-100k people between the ones who have ordered from BFL, and the ones that are part of a chip buy from Avalon?
Asics are not causing centralization.
I find that figure absurd, that's probably out by at least an order of magnitude. Most orders are for multiple chips per person. I would be surprised if there are more than hundreds of people involved in the Avalon chip buy. |
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Net Hash: 2669.52 MH/s
It's going up at a crazy rate.
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Who can hook me up. Thanks.
Try https://bter.com/trade/ftc_btc no transaction fees until 27th. of May they reckon. Plenty of FTC on sale there, I just looked. |
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Seems like an alright exchange. Now it just needs popularity, not really any trades going on yet.
The buy/sell prices have yet to find a happy medium. FTC is a bit low, people are being cautious. |
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I deposited a small amount of FTC as a test, showed up quite quickly. Placed an order, seemed pretty painless. So far so good. certainly no lag at this early stage.
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And another FTC Exchange is available!  On Bter.com you can now exchange Feathercoin <=> Bitcoin. Let the FTC rise!  Never heard of that one, how long have they been doing other currencies? |
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The FTC side of this exchange is still seriously buggy!
Yeah look at the sell side right now... not even ordering correctly: LTC Rate FTC 249.995 0.049999 5000 0.51574424 0.049 10.52539274 <<<< This should be at the top 40.24648685 0.05 804.929737 I have a small LTC buy order in trading 20 FTC @ 0.042 it's been in the Buy queue for over 7 hours, the price has passed within that trade range many times today and still the order sits there. I go to cancel it by clicking the little blue X to the right of it, the order disappears as expected, I refresh the browser page and it's back again. I check in the CryptoCoin information page and there are no orders listed in the exchange section and neither the 20FTC or the 0.84 LTC, had the order completed, are back in the account. That's what I call buggy. I have submitted a support ticket several hours ago, not response yet. |
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Can we have one BFL thread that doesn't end up debating the same offtopic things that 10 billion other threads already do?
Looks like the answer is no.  Lol. So anyway, tell us a bit more about your little BFL "Borg cube" have you got it mining all the time or just mucking about with it? Does it run hot to touch? How much CPU power do you need for cgminer to drive one of these things? Like would it run from a Raspberry Pi or a small low power Intel Atom board? |
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In the real world people can wait for many months for a house to be built with a deposit much larger than the cost of a BFL device, and they are perfectly happy with that, as long as the builder doesn't go bust and they get their house in the end.
In the real world, having just had a house built I know how this works. The builder has compulsory insurance should they default before the house is finished. The insurance company would pay and I would have an angry bank chasing the builder (the bank paid the money, not me). In the real world we all know if BFL goes belly up before a customer's order is shipped there's basically nothing that can be done. A BFL asset sale would maybe return 5c in every dollar. I also had a due date for the house and it was finished two months ahead of schedule. BFL has missed promised shipping dates since October 2012. So you are suggesting houses don't have long construction delays and people cant loose their money, to that I say utter crap, the current affairs programs on TV are full of such stories. |
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scam alert
i deposited 200 fc on that exchange and has not showed up yet after alot of confirmations..
i havent received the deposit i made 2 hours ago Status: 108 confirmations Date: 4/29/2013 16:33 To: 6zZbXzpqmRtfMy22SNeh7gLJHDSDxVbwT3 Debit: -200.00 FC Net amount: -200.00 FC Transaction ID: 58f247e5ba30d760a070db88ade599f7fd4751f24cc94eed6f93b5711e3a5bd6 be aware with this exchange in the past deposits, almost instantly it began to appear the deposit in the exchange like "100 FC incorfirmed 1/6 confirmations", this time i dint receive nothing I also haven't received an FTC deposit I made over 3 hours ago, with 138 confirmations. It's not the first time either. I had a sell order in place @ 0.034 and the price since then had been as high as 0.053 yet my order was still sitting there, so I cancelled it about half an hour ago, and the FTC coins have not been returned to my account. I also cancelled two unfulfilled LTC-BTC sell orders, and the LTC was returned to my account straight away. The FTC side of this exchange is still seriously buggy! |
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Someone proposed in the past that the value of a cryptocurrency tends to follow the amount of hardware devoted to processing said currency...
The value of the hardware plus the energy to run it. If a coin doesn't at least break even, then people wont mine it unless they just want to burn up money. I think FTC is undervalued atm. the recent hash rate increase has caused the ROI to halve so unless the price of the coins goes up soon people will start mining something else. I think FTC should be worth about a quarter of LTC, it's currently well below that. Scrypt mining is a lot more expensive than SHA256 and that has to be taken into consideration in the coin price. |
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Are you sure? I thought BTC started with Algae and magic? Of course they all 'started as an experiment'. My point is that 'where' something comes from matters to it's future. The fact that feathercoin started with the obvious PLAN to mine a ton, sell it fast and make money matters to it's future.
I don't think so - that is the magic of innovation - the internet was designed by DARPA as a computer network to survive a nuclear attack - not for Facebook or disruptive cryptocurrencies or any of the other many phenomena it has spawned. It's all a part of this ongoing experiment there's no point getting upset about it. The only thing that 'upsets' me is that the new 'fly by night' coins that keep popping up are just redressed 'flim flam' coins that does nothing to innovate, solve a new problem or even pretend to have any 'meaning'. They are just 'launched' at a whim and the 'developers' just hope they will become popular. Just a 'dirty' process I think, and it cheapens the early innovative coins by existing. True, someone needs to work on a coin that solves the out of control block chain growth problem which is starting to bite hard now. |
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Wow, expected earnings have dropped from 390 to 250 with the same hashrate in the space of a day  See the difficulty level today Yeah, the easy mining is over, the net hash rate has jumped heaps in the past couple of days, people will soon start switching their rigs back to whatever they were doing before FTC. |
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I don't see how BFL stopped him from buying 23 BTC at any time, can you please post where BFL forbids people from purchasing BTC once they purchase one of our products, which are sold for USD (Not BTC)?
You can't? Oh, then your argument is fallacious. Nice try at rationalizing a false premise, though. Well, actually, no it's not. It's pretty sophomoric and elementary.
The trolls have shifted their stance from "BFL has never shipped" to people could have done X with their pre-payment money. In the real world people can wait for many months for a house to be built with a deposit much larger than the cost of a BFL device, and they are perfectly happy with that, as long as the builder doesn't go bust and they get their house in the end. Why so many HW errors?
Certainly a problem there which requires investigating. |
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