Coins-e, coinedup, cryptorush and the wallet all work fine but Cryptsy is still holding our coins. They've got about 400 mil of my coins plus the development fund which has around 50 mil. In an ideal situation I would like them to just resume trading but I don't know if I can trust Cryptsy anymore so maybe it would be better just to take our coins elsewhere.

Cryptsy wallet stakes 1% a month so if they sold it down after holding everyone's coins for a month, that's pretty questionable trading practices.

Cryptsy can't keep people's coins so they aren't going anywhere. They have like 30% of the coins so if they dumped them and stole the money, they would be stealing 200k+ which would kill their business. I'll talk to bit John today about getting it resisted and talking to developers today/tomorrow. Lots of new exchanges listing Col plus I'm making some wallets that will continually stake so the cryptsy thing shouldn't be an issue. I'll keep you guys updated as I go.

I think secretly you are a fan of Col 

All the coins continue staking when they bring it back online, I'm also getting some staking wallets made

Some news from Bit John by "bitcoin!"

[22:39:03] Bit John: we will likely try to get it back up again for just the reasons your talking about
[22:39:09] Bit John: but they reallllly need to fix it
[22:40:09] Bitcoin!: yap im part of the dev team were trying to work it out, but if you dont want to trade at least let us move the coins!
[22:41:25] Bit John: your missing the point
[22:41:46] Bit John: if we send into forks and have a ton of reversals etc
[22:41:57] Bit John: people lose coin and its a nightmare to track them
[22:42:23] Bit John: so when we think we have it stable we will bring it up no different than any other coin we suspend for the same reasons
[22:42:36] Bitcoin!: Ok i get it!
[22:44:09] Bit John: were doing what we can but we need you guys to fix the coin hehe
[22:45:38] Bitcoin!: got it! Bit John

Zack is one of those people with relentless determination. If for some reason we get our blockchain done before you do, we will help in getting Adt sorted.

Wish you the best,

Here is a copy of a message i got from Ghold concerning coins he withdrew from cryptsy

Hello,
This reply I get from Cryptsy on 6-2-2014:
We have recently run some scans on our wallets which may have fixed your issue. If you have your coins there is no need to respond to this ticket it will close on its own. IF you still do not have them please reply so I can continue to work your issue.
BitJohn
Operations Manager
bitjohn@cryptsy.com
Tradekey: c66b821fccac75687ce5dff421c9852d67a8205b
Cryptsy Wiki: wiki.cryptsy.com

Than they reply this on 6-2-2014 later:
Hello Peter,
COL is still having issues with its block chain. IT is possible it will be suspended until COL developers come up with a solution.
BitJohn
Operations Manager
bitjohn@cryptsy.com
Cryptsy Wiki http://wiki.cryptsy.com/
Tradekey: c66b821fccac75687ce5dff421c9852d67a8205b
I am waiting now from 19 december for my coins? What happen next?

This email I send to them:
 The issue is still not solved. Were are my coins, how long do I have to wait?? I withdraw my coins on 19 december 2013, how long will it take, do you want me to take other steps??
The issue never resolved how can you say like this. The coins never arrived to my wallet!
Why it never came to my wallet?
On Mon, Jan 6 at 7:29 PM , Peter<info@waterido.com> wrote: Hi,
I see the COL market is open again. I do not see my coins on the Cryptsy balance. The coins are not in my wallet either. Please send them to my wallet.
The colossus coins 100.000.000 never came to my desktop wallet 23hFuVGSfwLFDb423Gx6fPCTKqTJ62CViJ .
Withdrawals
Currency    Send to Address    Amount    Conf    Request Date
ColossusCoin    23hFuVGSfwLFDb423Gx6fPCTKqTJ62CViJ    100000000.00000000 COL    Yes    2013-12-19 03:31:50
Processed    TrxID: 6d20ba54fb38091fe60660591be138000173edaff83a2d6a4ae9972a2e60129e @ 2013-12-19 09:30:16

Peter

Yes post a screen shot please

We are working on a solution but we can't solve anything when our coins being held offline with no way to access them.

Trying to find out what is happening I got a message from Ghold concerning coins he had withdrawn from Cryptsy Re: New

Personal Message: Your lost coins
« Sent to: Crestington on: Today at 11:05:41 PM »
« You have forwarded or responded to this message. » ReplyQuoteDelete
Hello,
This reply I get from Cryptsy on 6-2-2014:
We have recently run some scans on our wallets which may have fixed your issue. If you have your coins there is no need to respond to this ticket it will close on its own. IF you still do not have them please reply so I can continue to work your issue.
BitJohn
Operations Manager
bitjohn@cryptsy.com
Tradekey: c66b821fccac75687ce5dff421c9852d67a8205b
Cryptsy Wiki: wiki.cryptsy.com

Than they reply this on 6-2-2014 later:
Hello Peter,
COL is still having issues with its block chain. IT is possible it will be suspended until COL developers come up with a solution.
BitJohn
Operations Manager
bitjohn@cryptsy.com
Cryptsy Wiki http://wiki.cryptsy.com/
Tradekey: c66b821fccac75687ce5dff421c9852d67a8205b
I am waiting now from 19 december for my coins? What happen next?

This email I send to them:
 The issue is still not solved. Were are my coins, how long do I have to wait?? I withdraw my coins on 19 december 2013, how long will it take, do you want me to take other steps??
The issue never resolved how can you say like this. The coins never arrived to my wallet!
Why it never came to my wallet?
On Mon, Jan 6 at 7:29 PM , Peter<info@waterido.com> wrote: Hi,
I see the COL market is open again. I do not see my coins on the Cryptsy balance. The coins are not in my wallet either. Please send them to my wallet.
The colossus coins 100.000.000 never came to my desktop wallet 23hFuVGSfwLFDb423Gx6fPCTKqTJ62CViJ .
Withdrawals
Currency    Send to Address    Amount    Conf    Request Date
ColossusCoin    23hFuVGSfwLFDb423Gx6fPCTKqTJ62CViJ    100000000.00000000 COL    Yes    2013-12-19 03:31:50
Processed    TrxID: 6d20ba54fb38091fe60660591be138000173edaff83a2d6a4ae9972a2e60129e @ 2013-12-19 09:30:16

Peter

If all the mining ceases in one week there will be no incentive to mine and so no transactions can be processed.

I don't really know who is right or wrong on the issue of the payment, I'd say if I was Muddafudda I would have just paid you the original amount. $150 Usd is pretty cheap to get a coin made IMO and there wasn't the altcoin generators back in November so it stands to reason that if you have a business creating coins that you would just copy and paste coins and change parameters but if you make a couple mistakes in the code it changes things completely. The coding mistakes have more or less made it much harder for Mudda to continue work with his coin creation business as those who are serious would do their research would think twice.


I would take this as a learning experience if you decide to ever get a coin coded in the future, diplomacy goes a long way. One day you should get your own coin coded and have all the code checked, rechecked and tested before before starting. I think the two most important things in building a foundation are forum management and fee structure. Onlyjackson made a valid point that before Quark really started doing well, they suffered some serious growing pains where someone in a leadership position would constantly fight with people in the foundation.

Here's a pic for reference




Just my 2 cents on the matter.

Thank you, I have already contacted several coders to help in rebuilding the code and Sudo23 and others have been searching for coders as well. This project is a big challange, going in with a grand idea and having to learn code as I go but thats just my whole approach to life in general.

Last March I came back to Canada after spending 4.5 years backpacking around Australia and New Zealand. I worked for a year before going and saved up 5k and got a 1 year working holiday visa in Australia. While in Aus I did 3 months of farm work for a second year visa and when that was up I did a 1 year working holiday in New Zealand. After my 1 year in New Zealand I came back to Australia to go through sponsorship to help manage a retail and catering business doing donuts. I'm sure you are going to laugh but I helped design and run a full production kitchen that fed to 3 others stalls at the Royal Melbourne Show for 3 years running and the last year we won best caterer. The owner had all these plans for a large scale production facility but would never put time into his own retail business and wouldn't pay me more to let me manage all product and costs so I ended up leaving back to Canada and he stiffed both me and my girlfriend our last pay. I now work first to Saute' at one of the best restaurants in Vancouver where everything is made from fresh and all product and costs are managed religiously.

I have some interesting stories from my time in Australia and New Zealand. I have the most experience working in restaurants but other notable jobs I did was door to door sales, Peddle Cabs (biking fat people around Melbourne), various types of farm work in 47' heat, a bunch of catering events, Carnival operator, cooking in a bunch of restaurants, promotional work and probably missing a few things too.

This is probably against my better judgement but here are a few of my most outlandish photos from my trip in no particular order, just a few Lolz for your day.

300 billion was mined and 12.8 billion generated through POS or like 4.2%,  even if they hold 50-60%, that's much less than they can make in a single day trading.
I don’t know what Cryptsy does with all the extra coins, I would imagine they would sell them back on their own system since they would get extra fees from trade by doing so. This downtime costs Cryptsy money in trade fees and limits us from providing updates so no one wins. I would like to get some coding done soon to provide more stability to stop this downtime. I think we can re-enable Pow with a 0 coin reward and set up a central checkpoint server. What do you guys think? Colossuscoin is small so we can change any of the parameters as long as it's beneficial to everyone.

I have been scouring through the forums for all the best features and techniques for making the changes happen smoothly but most alts are all hype and only have a couple good points. I don't really want much hype right now other than to help make the costs cheaper.

A 1 week crash? Got to be a record

Yeah I like this thread, good read.

I find myself never giving to beggars on the street but I have given a few people dollar's to people who either seem really stuck or are trying to change their life. I remember a couple weeks ago there was a homeless guy hanging outside a 7-11 and he was singing and welcoming everyone to 7-11 and asking for any help. I gave him a dollar and he thanked me a couple times for my generosity. He got a lot of help from so many people, maybe he was all bull but people feel good about helping others.

I think it's a result of the cryptsy wallet being taken offline for maintenance. Lots of shares being held in cryptsy so with proof of stake the staking moves the chain and to take 30-40% offline, it slows down the chain.

Cryptsy is down but the wallet still syncs and transactions go through from wallet to wallet but takes a couple hours to fully confirm. Syncing the Colossuscoin wallet helps support the network and I think if balances were spread around through more exchanges that if cryptsy takes their wallet down for maintenance  it wouldn't slow down the network.

I have been quite impressed by Cryptsys support over the last few weeks. There will always be some kinds of problems with crypto but it seems like they are making a much better effort in working positively with the foundations.

I appreciate the support, the whole community has grown so much over the last month and is coming together very well. I knew there were technical issues when I signed on so alot of preperations have been made before really going public. The advantage is that with enough community support along with the current investors becoming involved early on, all changes can be agreed upon and implemented much quicker. Colossuscoin is worth around 790k usd at current market value so that means that if a majority of shareholders become involved, the cost for an overhaul becomes less per person. I estimate that to build a custom blockchain and have it swapped over smoothly will cost in the neighborhood of 5-7k USD, which is completely achievable.

I think that by collecting fees through transactions is a good way to go as people only ever pay fees on coins being sent while gaining interest on all the rest of the coins and get paid a portion of those fees on top, cost is spread evenly throughout the foundation.

Plans are even more far reaching than just a new blockchain, just the ability to change the system means any idea is possible so if someone comes up with a better solution and everyone wants it, that change can happen.

Some ideas floating around are a multi-wallet and voting system for the development fund with an open and viewable ledger at any time, customizable wallet security with higher than bank level protection, cold storage for coins, balance tracking, internet gateways, bittorrent features, streaming of the blockchain etc.

Help Colossuscoin get to the MOON!

We are looking for Donations to help support the development of Colossuscoin for the betterment of all investors. 100% of all donations received will go to several BIG projects

-NEW client with improved security features designed by the members of the Colossuscoin Community.
-NEW Blockchain with an improved fee structure that pays better interest on investment, faster transaction times, and Development Fund built into the Blockchain.

The swap of current coins could occur by re-enabling POW at 0 coins and setting up a central checkpoint server which would further strengthen stability during crossover. The Colossuscoin float is traded 1-1 for coins on the new Blockchain, whatever cannot be traded over are coins that have previously been lost. With a central funding measure built in, we can reimburse lost coins to owners throughout the swap and once the swap is complete, a large portion of coins can be paid to all investors and those supporting the foundation.
All feature and fee changes to the Blockchain are decided on by the entire community and everyone has their say.

All donations help create a brighter future, no matter how small

BTC,LTC, COL Adresses and Address Ledgers:
Bitcoin Donation Address: 1PaU2cao6qN7odXjCqHEoSLs4NEpw3JtNU
(BTC Address Ledger: https://blockchain.info/address/1PaU2cao6qN7odXjCqHEoSLs4NEpw3JtNU)
Litecoin Donation Address: LWD421APXW3ZRzem7HbYAD35a54JW3iy3e
(LTC Address Ledger: http://block-explorer.com/address/LWD421APXW3ZRzem7HbYAD35a54JW3iy3e)
Colossuscoin Donation Address: 22wP7kdGCcCKmjSWZBNWauyHiK6KLH
(COL Address Ledger: https://coinplorer.com/COL/Addresses/22wP7kdGCcCKmjSWZBNWauyHiK6KLH)


More: ColossusCoin Foundation



If you would like to be a part of Colossuscoin
Join our forums at http://colossuscointalk.org
Become a Promoter at http://colossuscointalk.org/index.php?topic=301.15

Strange, I'd be interested to understand why it seems to just be Cryptsy having these problems, these things aren't good for anyone.