Yes. I'm sorry for your loss, but hopefully it will mean you will be extra careful in future. Never rely on other people to keep your coins secure. Never think they're safe just because they're in your wallet either. Your PC may be harder to access, but you are on a network, just like the pools.

Ah, I see. So anyone trading there who isn't expecting to make 1 BTC should either wait until they do, or just trade by buying/selling particle.

You need to download the new wallet. It's in the OP. Delete everything in your roaming folder except for your catcoin.conf and wallet.dat. Download and run new wallet. presto.

(Remember to back up your wallet.dat before doing this!)

Coinium should connect you to the blockchain.

Didn't someone say it was a scam a page ago? 

Not if the hack didn't originate there. If you used the same username/password/pin in another pool, then it could have been another pool that was compromised. If you use different combinations, then it's likely the pool was hacked.

Why do people store so many coins on pools? Why don't you auto-withdraw? storing your coins on a pool is asking for trouble.

My pool accounts are empty. I also never use the same password twice because of stuff like this.

I'm cautiously optimistic about this coin. 

Got them working a treat now. Heat is still a bit of an issue for my R9 280x card, so It needs better cooling and I need to spend some time tweaking the settings, but otherwise I've got both my AMD and Nvidia card mining side by side for 20 hours or so now without any problems. I can get 15-20% more performance out of it once I've tweaked it, but for now I'm just happy to have them running.

If you think the coin isn't going anywhere. Yes. But at the same time, people are buying up coins being dumped because they think the coin is going somewhere.

The question should be this; which would you regret more? Not selling the coins now, and then the value dropping drastically, or selling the coins now, and the price going through the roof?

I'm not going to tell you what to do with your coins. Either way, someone will benefit or lose from your actions.

It could be the next Bitcoin, or the next Dimecoin. Or neither. Who knows.

I thought it was market speculators that controlled the price? Not miners. People aren't going to buy into Particle until they see it going places. That's why the price goes up. Speculation. Happened to Quark, happened to Litecoin, hell, it even happened to RonPaulCoin, and as far as I can see it really hasn't got a great deal going for it except a good name and a strong message. Even Coinye has more support than Particle, and that coin is so worthless there isn't a denomination small enough to value it.

Market speculators drive up the price by pumping BTC into it and increasing the market cap. Miners don't increase it because they effectively decrease the potential market cap by selling so low. Right now early miners hold so many coins and have so many on the market at a low price that you would have to pump a lot of BTC into it to drive the price up. Until that happens, this coin won't go anywhere near 0.004. Or 0.0004 for that matter.

People need to buy in for it to go up.

Say what you like about Quark, but it has development, PR and hype. That is driving market speculation. It wouldn't survive on that alone forever, but it is all market speculation.

If Particle came out with some new software, or find some financial or scientific body that backed the coin, then yeah, you'd see that kind of pricing. Until there's development, nothing will happen. If left too long, miners will stop mining, transaction times will die, along with the blockchain and any hope of this ever increasing in value.

The longer nothing happens, the more likely the coin will die. This is a fact. No hype. No speculation. Fact. The numbers do not lie.

Please also include Visacoin in that list. Received well over 100 BTC and it's suddenly gone eerily quiet in that IPO.

We need a thread to inform people of these scams, and make sure they understand they are ALL scams. They are just riding on the hopes and dreams of those who think it will be the next NXT.

IT WON'T. PERIOD. Any serious IPO now like NXT would do it completely differently. A serious development team wouldn't associate themselves with these scams in a million years.

People have got to realise that this is a typical investor fallacy; thinking because it happened once it's bound to happen twice. Investors in NXT didn't have this hanging over their heads to cloud their judgements. The scammers are preying you falling into this trap.

IPOs like NXT are over. Done. Finished. Stop throwing your money down the toilet. Any serious IPO would have code, an entire team, actual EVIDENCE.

Stop giving the scammers money. Next IPO that pops up? I will put money on it being a scam.

Now is the time to push. The big bag holders of 1 mil+ particle, if they ever want them to be worth anything, need to start promoting it, or their bag is going to come up empty.

I'm glad to hear it. If you can live up to that, then there's nothing stopping this coin from rocketing. Everything feels right about this coin. No premine, under 20 million total coins and a great name and logo.

Once this hits an exchange it's going to be extremely difficult to mine, and yes, people will be wishing they would have mined it before that happened.

How?

Quark is at 0.00009, and at its brief high peak, 0.003, but that was not for long.

I'm afraid without any serious development and no substantial updates from the developers this coin will die. The market is choked up with Particle. People don't invest in coins unless they think they're going to go up in value, and they don't go up in value unless things happen. I just don't see what's going to cause the value of the coin to go up.

The difficulty has dropped. Frozen is at 0.000047 on Coined up right now, but that has close to 8 million total coins. Compare that to Particle's 1 billion.

This coin needs more than promises of things to come. Without concrete updates, it'll never reach even half the price of Frozen.

I will hold onto 100k, but honestly, I'm not expecting it to be worth much unless activity drastically changes for this coin.

I love how under the radar this coin is.

Aren't they just more power efficient? With the amount of altcoins on the market your "scrypt asic" isn't going to make a dent. Maybe you can pump and dump quicker, but that's about it. Mine anything other than crapcoins and all you'll save is on the electricity bill.

Gloat away.

Thank you for answering my questions so thoroughly. Unfortunately as someone relatively new to cryptocurrency I doubt my initial stake would be anything but relatively minuscule, however there's some really interesting ideas here so I'd like to get involved. I'm on the forums daily, and have some coding experience in several languages (although only as a hobbyist). I love to tinker, so I'd be more than happy to participate in any rigorous windows-based testing.

I like the idea of coloured denominations. Believe it or not, I was thinking of something very similar this morning. Not with colours, but by rating each denomination by a precious metal; tin, copper, iron, silver, gold, so on. It probably does make more sense using colours as they're an abstract and so their value is determined by association rather than preconceptions. With different dominations I feel like it's a way for everyone to get in at their own level. I think this concept could be very powerful in providing variance in any sort of market-based system. I'm sure there will also be a desire to trade in lower dominations for higher denominations and as such a natural consequence will be higher denominations would be seen to be more valuable than the sum of lower denominations they're made from. Purely from perception, at least.


I quite like CC, for short.

Ah, I see. I'd rather just buy one, but I'll keep it in mind. 

I know nothing about NXT, but if I were promoting it, and I could give someone a small denomination banknote, I think it would gain their curiosity.

I think it will interest a different group of people. I think it all boils down to the quality of design.

New coins are very unstable due to the difficulty. 99.9% of those coins will never see the light of day on an exchange. Without any sort of promotion nobody has any interest in those coins. Nobody to promote = no exchange. Maybe you'll get lucky and hit a coin before it's announced, but it seems like a waste of hashpower to me.