It's your choice (and you are not risking much).

Komşu, why bother? It's doomed. I tried to start a discussion with the dev, but he answered me with nothing specific.

P.S. I don't have any DP coins, but I thought  that their intentions was serious.

Enough said! But there is rational argument - no hype and work (behind the "scenes" - as every good businessman should do). There is no need to read 25 posts/day from the developer or announcing "possible" news in a week or so. As simple as that.

Glad to have you back.

P.S. I don't know how easy would be to buy few million as we first plan to reduce FAIL to less than 20M (which means that we will premine 20M coins for the swap). I believe that most of the coins will not be swapped, because many people still think that we are joke and probably most of them just deleted their wallets. With that said I expect about 50-70% of all coins to be exchanged on EmpoEx (rest of them will be burned). To tell you the truth, we still don't know what would be exact specifications of FAIL, but we will probably decide by tomorrow.

Cheers,
Spartak

Yes, you need to send your FAIL to EmpoEx and receive new within 2 weeks (rate is 1 old FAIL for 0.00025 new). We will probably talk with them again to see if there is possibility for the people to withdraw them earlier. Currently you can send coins to EmpoEx only if you want to sell them, because fork is not ready yet.

I meant GROW not to be only weed-oriented coin.

ocminer, Besiktas fans are one of the crazies in the world. Even fans of Galatasaray and Fenerbahche admits it. Just watch:

http://www.youtube.com/watch?v=JUN96KzAlDM

I am still behind you Barry, but first maybe it is better to work on the face of GROW (distance it from the weed) and then develop it. Currently I have a lot of work, but when it's finished I'll talk with FAIL lead dev about GROW.

Website and shop are down?

We still didn't discussed that. At the moment our main goals are the fork and the team behind the coin. After that we can start building FAIL (probably new or at least tweaked website, exchanges, merchants and such)...

They will be listed in our new thread and probably in the website. We still need to find managers for Spain and Germany and why not for Japan...

Cheers,
Spartak

Dear FAILers,

Our community manager for China and Greece is qiwoman2 (Twitter: @goldentags). She is the second lady in our team after devvienuis (Manager for Netherlands). I already told you that we have also found manager for Italy and France, but he does not have profile in btctalk and I am waiting him to register pretty soon. About the fork.. I believe that it will be done in a week or so. Probably tomorrow we will have clear vision about final specs of the coin and our dev will continue to work.

Best regards,
Spartak

Dear FAILers,

We found community manager for China and Greece. Details will be announced tomorrow.

Best regards,
Spartak

Hey FAILers,

Several people told me that they don't like the logo so I decided to draw another one. Like it or not - this is going to be our new logo until some big time designer decide to help us and create new one.



Logo explained:


1. I used clasic blue color and some emboss for the first circle implying business and depth of thinking.
2. The orange bitcoin-like color in the second circle points that we are cryptocurrency.
3. The text on the upper side (@FAILCommunity) is written with strong and bold font to show the strength of our community.
4. Other thing that is supposed to show our strength as cryptocurrency is slight granite texture in the orange circle.
5. The "IL" letters are slightly lower than "FA", but I think that don't need explanation.
6. Some of you may notice that "FAIL" inscription is slightly deflected to the right direction. I did it to hint that we are going to be right-oriented (i.e. everybody should have equal possibilities). It is also supposed to show that we are thinking outside the box.
7. The "We are different" text is supposed to show that we are not only some coin.
8. The only fun part (at least that is what I aiming for) from the logo is "FAIL" inscription font.


P.S. Yesterday I've had another long conversation with our developer and we had doubts on the new specs of FAIL. That is why we decided to give to ourselves 2-3 days of thinking and researching. I can only say that we have decided to implement several algos so people with SHA ASICs or GPU's will have the chance to mine FAIL as well. Although I understand that some chinese manufacturers cancelled their scrypt ASICs production I personally believe that ASICs will change the game in 1-2 years. With that said we had also doubts about the time of mining before reward drops to 2 coins. Anyway.. we are here, we are working and we will deliver so bare with us. Best of luck ot all!

Regards,
Spartak

Well.. it will not be necessary our new logo.. it's just a try. About the thread - probably yes, but we will aim to simplicity (we failed on logo though? ). People need to understand our goals with little research. Not looking at 100s of images which most of the times are confusing.

Dear FAILers,

First I want to say that I am not a designer, but decided to create new logo. Below I'll explain my visions on the logo and you can tell me if I FAILed.




So...

1. FAILCoin is mainly a funny coin and that is why I decided to use funny font for the name and came up with something like a slogan above. I also used something like graphs instead of the letter "I" to look like the price is dropping. I think that little man needs no explanations.
2. I used business-oriented font for coin inscription to hint that our intentions are not only to have fun together, but also to develop a project that will last for years ahead. The inscription "established" should also point that we are serious.


Please share your opinions, no matter what are they.

Best regards,
Spartak Tomanov

Dear FAILers,

We have found community manager for France and Italy. He is personal friend of mine who is very skilled marketer and trader. Details will be posted tomorrow!

Best regards,
Spartak

I can't call it scam, but Bitstamp should eat the loss as some people already said. I haven't checked their exchange at the time of attack, but I think that it was partly functional (i.e. you can't trade, but you can deposit). With that said, it's their fault imho. Customers should not be obliged to check their notifications or e-mails. I can compare it with driving a car in which manufacturer founds serious malfunction, crash with it, call them and receive an answer: "We posted details about malfunction on our website.".

I've done it. Waiting for your answer asap.

How about Viacoin?