All development around this and similar coins is there to justify inflated prices and make bagholders feel better while they are holding overpriced coins.
I'll bite, as a form of appreciation for the trollbump (tm). Where are all these " similar coins"? ~ Myagui There are many altcoins which were deliberately launched with minimal difficulty and faulty public wallets - to allow scumbag developers and their friends to instamine - that still have active developement and people like you around who are trying to obfuscate the truth. You have invested (heavily) in a scam and now use all available means to make it all look like a legit deal worthy of investment so that you can eventualy dump on people more stupid than you are. Mini-blockchain? Big deal not really. The only ones who care are instaminers (the ones who haven't dumped instamined coins yet) and you who bought overpriced coins from them and now hope to sell them with some profit, no one else. @ heskey Definition of instamine is when blocks are generated at 10 or 100 or higher rate than advertised which is what happened here and will be visible forever via blockchain explorer. Some here went so low to attack Satoshi for instamining Bitcoin which is provably not true - if you check Bitcoin blockchain starting with genesis block you will realise that not only there was no instamining but blocks where generated slower than 600 seconds on average for months. Satoshi and others who were mining Bitcoin in early days had less hashrate than it is required to reach difficulty of 1.0
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All development around this and similar coins is there to justify inflated prices and make bagholders feel better while they are holding overpriced coins.
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The altcoin community should be about innovation, not a select few people making a quick buck. Our goal was to break out of that greed driven trend. Cryptonite had no pre-mine, no IPO, the difficulty adjustment algorithm is designed to adapt quickly and prevent instaminesI live for a day when developers will actualy launch a coin which is as promised in announcement. So far, the only non-instamined coin out there is also the first one - Bitcoin. Any other coin was instamined and XCN is not exception. Developers who can implement killer features in their coin surely know what starting difficulty should they go with to really prevent instamine but, as it can be seen again, that is actualy not in their interest. Nor it is in their interest to provide optimized CPU / GPU miners and 100% working wallet at the very start of mining. "The first couple of hours were bit of a bumpy ride, the first Windows binaries released were buggy and caused a bunch of mini-forks to break out, preventing Windows users from participating in the network until we released a fix." Pathetic scumbags. Just to bump one of my previous post so any newcomers eventualy realise what this coin is actualy about - for those unable to think, it is about instamining and dumping easily acquired coins on you at inflated prices later.
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LMAO. This is just pathetic. All images or "screenshots" you saw were made using .PSD mockups, I would know as I'm a designer myself. Secondly the "presentation video" is nothing but a cheap After Effects Template which can be purchased from VideoHive : http://videohive.net/, notice how there isn't any voice over for the presentation video? Well that's because these so called "developers" can't afford the > $200 price tag to hire a voice over. If people want to see it for themselves, PM me and I'll show you that this coins' developers used nothing but cheap templates for the videos and screenshots. To those of you who fully support this coin and think it will go anywhere but the ground, and who will no doubt think I'm spreading FUD, I'll check back on you guys in a month's time to see if anything good came of this, which of course will be nothing but a lesson for yourselves in investing. Do you have at least one proof about what you said? Your words are worth nothing, and besides scaring people away from such a wonderful project your words are meaningless. No buddy, your words are worth nothing around here. You think we haven't saw even better salepitches here? From what I see, you have nothing to offer and to ask 200+ BTC for nothing, well, some here are noobs and will fall for your bullshits - enjoy any money made that way, scumbag. Negative trust from me, fuck off. Warning to noobs - scams like this one work as follows: 1. Create a clone of some coin for cheap (usualy costs unde 1 BTC total). 2. Sell coins for shitload of money (escrow does not help you here because they will actualy deliver their worthless coins). 3. Afterwards do nothing (any and all promises made are mere salepitch). Hello, mate. What are you talking about? I did not want to offend anyone. I just said that we are made whole design. We spent a lot of work on this project and we want everything to be as good as possible.
Of course you spent a lot of work on this project, if you posted just text no one would be interested in vapourware you are selling here but just because you put some time and money into initial promotion does not mean you have something to offer here except super-overpriced cloned coin. You are here to rip off money from noobs, nothing else. This is a scam, do not buy into it!
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LMAO. This is just pathetic. All images or "screenshots" you saw were made using .PSD mockups, I would know as I'm a designer myself. Secondly the "presentation video" is nothing but a cheap After Effects Template which can be purchased from VideoHive : http://videohive.net/, notice how there isn't any voice over for the presentation video? Well that's because these so called "developers" can't afford the > $200 price tag to hire a voice over. If people want to see it for themselves, PM me and I'll show you that this coins' developers used nothing but cheap templates for the videos and screenshots. To those of you who fully support this coin and think it will go anywhere but the ground, and who will no doubt think I'm spreading FUD, I'll check back on you guys in a month's time to see if anything good came of this, which of course will be nothing but a lesson for yourselves in investing. Do you have at least one proof about what you said? Your words are worth nothing, and besides scaring people away from such a wonderful project your words are meaningless. No buddy, your words are worth nothing around here. You think we haven't seen even better salepitches here? From what I see, you have nothing to offer and to ask 200+ BTC for nothing, well, some here are noobs and will fall for your bullshits even after reading my warning posted below - enjoy any money made that way, scumbags. Negative trust from me, fuck off. Warning to noobs - scams like this one work as follows: 1. Create a clone of some coin for cheap (usualy costs under 1 BTC total). 2. Sell coins for shitload of money (escrow does not help you here because they will actualy deliver their worthless coins). 3. Afterwards do nothing (any and all promises made are mere salepitch). why all those ico recently, people really love this?
You wasn't complaining about hundreds of coins which launched with minimal difficulty and thus allowed you to instamine and then dump coins at super-inflated prices, scumbag.
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Accepting free XDP assets, just send them to DJTuTPE6iPafHS57TRvHu4jhufZKw8LPR6Two issues with wallet: 1. Somehow my DOGE balance at address posted above went from 1 to 7 2. WAFFLE asset is not showing properly at History listing
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The latest SILK wallet is horrible slow when syncing, it downloads exactly 500 blocks and then pauses for dozens of seconds while complaining about failed proof-of-stake. received block 56020c841287f7d131b9 SetBestChain: new best=56020c841287f7d131b9 height=147500 trust=21706937481816350 blocktrust=9292773 date=08/05/14 00:23:01 ProcessBlock: ACCEPTED
received block 7411b2bb401d25735ade ERROR: CheckProofOfStake() : INFO: read txPrev failed WARNING: ProcessBlock(): check proof-of-stake failed for block 7411b2bb401d25735ade355288fa10332323a3f881868a8a5d9c59e74fef7aad ... received block 701def8ff6beba21d360 ERROR: CheckProofOfStake() : INFO: read txPrev failed WARNING: ProcessBlock(): check proof-of-stake failed for block 701def8ff6beba21d36024bf359019473c14ed5c5bbcfecdec38df8806af8bb2
received block b1a874b27dff59962bef SetBestChain: new best=b1a874b27dff59962bef height=147501 trust=21706937487320788 blocktrust=5504438 date=08/05/14 00:16:22 ProcessBlock: ACCEPTED
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I don't like it, at all.
Care to elaborate? Nearly all known "bitcoin heads" in one video, talking about bitcoin's philosophy.... and you didn't find ANYTHING to like in that? Movie is full of lies and bullshits - the same stuff I and every other noob have been hearing since we joined cryptocoin movement. Then I actualy investigated it all for myself and realised that most prominent people are either unaware or are intentionaly trying to cover up important and fundamental issues, like it all will magicaly be fixed if only we all STFU on the matter. I have already clashed with just about every known Bitcoiner and I have won every single time. It was damn easy in most cases because it really seems most here are forgetting very important stuff and actualy live in a dreamworld. Way too many of them are clearly blinded by possibility of becoming billionaires - "if only we pitch this stuff enough and silence subSTRATA and alikes!" And now I'm supposed to cheer a movie where those same persons turned - again - into salesmen?
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Any fork predicated on an exchange hack will kill the coin's credibility.
This coin has no credibility, it has few great developers and an army of worms roaming around expecting to become butterflies that will actualy hatch to ugly horseshit flies. subSTRATA, go back to play your NXT-Turtle game and STFU. Isn't it really bad you can not ban me here? I know it hurts to see the truth revealed but get used to it, I'm not going anywhere nor will you or other NXT halflings silence me. "What do you want as deal?" - so now some of you people are negotiating with a thief? You have a power to null his hack but you instead negotiate? A new chapter in "How to stay powerless mindless idiot" (e)book, it seems. Mate, if you get your rollback you'll be the first dumping all your NXT - along with all the others who regain what they lost. Look at VRC, a rollback, fork or whatever you want to call it will kill the coin. Price must - and will - drop one way or another but that does not mean coin will die. New players would join and, given how fucked up current NXT majority is, that can only benefit NXT as a whole even if just complete idiots join. Reading alway the same bullshits from always the same self-proclaimed rulers of NXT became boring months ago. The best outcome of all this would be owners of 1M+ NXT selling half of their coins to ones who do not have any coins - preferably ones who are more than a mere cryptocoin "investors".
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Any fork predicated on an exchange hack will kill the coin's credibility.
This coin has no credibility, it has few great developers and an army of worms roaming around expecting to become butterflies that will actualy hatch to ugly horseshit flies. subSTRATA, go back to play your NXT-Turtle game and STFU. Isn't it really bad you can not ban me here? I know it hurts to see the truth revealed but get used to it, I'm not going anywhere nor will you or other NXT halflings silence me. "What do you want as deal?" - so now some of you people are negotiating with a thief? You have a power to null his theft but you instead negotiate? A new chapter in "How to stay powerless mindless idiot" (e)book, it seems.
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Any fork predicated on an exchange hack will kill the coin's credibility.
This coin has no credibility, it has few great developers and an army of worms roaming around expecting to become butterflies that will actualy hatch to ugly horseshit flies.
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Hey, let's do a test to check what would be "your" decision. Here it is: Hacker manages to steal all NXT from current majority stakeholders - that means "important" NXT people whos asses you are licking right now - and acquires let's say 450M coins. 1. Ignore and continue forging as if nothing happened. History must not be rewritten and so on. 2. Opt for any fucking shit people who lost coins would come up with - hardfork, blocking of accounts, rollback, deletion of transactions - to protect NXT ( their wealth actualy). Yes, you would chose 2. which proves that: a. You are clueless dumb follower. b. There are double standards in part of NXT community - Bter is (just like me) an outsider, not a part of mighty NXT "elite" and hence not worthy of "your" holy interventions. Recommended read is linked below, absolutely neccessary so that you eventualy realise who exactly you are protecting here - actualy, I will say it because your capabilities are very limited = you are not protecting NXT because it (as a software) does not give a fuck about any of it and will continue to live for as long as 2 nodes are online and at least 1 of them is forging. That is NXT, you idiots!http://kolinevans.wordpress.com/2014/07/31/cryptocurrency-to-cryptocurrency-ipos-are-a-completely-corrupt-deception-the-simple-technical-guidehow much did you have on BTER and are going to lose? it seems like a lot, you seem quite angry Expectable reply - members of mindless pathetic herd can not see things outside of prism of money. That is why all this cryptocoin "movement" gonna fail miserably as soon as true rulers show up. They don't even have to bring guns - all they have to do to overtake any and all coins is offer you and alikes money, a lot of it (which they previously made out of thin air hence worthless) and you will surender everything including "your" holy blockchain.
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No, you are not right but I have no time to explain additional stuff on the matter. Now you can go back to your favourite place of holy retardation - a forum where I was banned multiple times (big deal?) for saying the truth and acting like you and alikes didn't liked - oh you Holy! You can also say Hi to that scammer Cointroplis, such a great guy isn't he?
As was already pointed out....you are obviously writing on emotion. Does your education actually allow you to know how uneducated you make yourself appear? I regard you and alikes inferior and consequently I care not how I might appear to you and alikes - just like doctor in the sanitorium don't care what his patients think of him. Reading stuff on holy retardation forum now, Graviton is right: "In my opinion the solution to block hacker's account only through a hard fork is a sign of exceptional communal resolve. It's not a rollback. It is a collaborative action that mitigates damage done by a malevolent party. The effect to NXT users is only beneficial. The effect to outside observers is mixed and not prominent. Do not let fear take you over and prevent you from taking action when it needs to be taken." You people are scared because of a possible loss of money - pathetic and can't go any lower - and that is why you suck.
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Substrata, you were banned for nxtforum for obvious reason. Apart from the offensive language you are blatantly stupid and uneducated. Just an example, Klee one of the most respected members of NXT were totally hacked weeks ago (yeah, one of the top elite you say). The rollback was not even mentioned in the whole discussion of the issue. Same happened to DGEX and the same, rollback was not an option. The only reason you are coming with your stupid things here is because you have invested heavily into CRYPTI thru Bter and you are afraid of a bankrupt of Bter where your IPO money goes to shit. Am i right? No, you are not right but I have no time to explain additional stuff on the matter. Now you can go back to your favourite place of holy retardation - a forum where I was banned multiple times (big deal?) for saying the truth and acting like you and alikes didn't liked - oh you Holy! You can also say Hi to that scammer Cointropolis, such a great guy isn't he? Klee and DGEX cases were not extreme enough to trigger execution of double standards. @ colin 450M is not a majority stake. And I was not replying to you - I have not quoted your post.
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Hey, let's do a test to check what would be "your" decision. Here it is: Hacker manages to steal all NXT from current majority stakeholders - that means "important" NXT people whos asses you are licking right now - and acquires let's say 450M coins. 1. Ignore and continue forging as if nothing happened. History must not be rewritten and so on. 2. Opt for any fucking shit people who lost coins would come up with - hardfork, blocking of accounts, rollback, deletion of transactions - to protect NXT ( their wealth actualy). Yes, you would chose 2. which proves that: a. You are clueless dumb follower. b. There are double standards in part of NXT community - Bter is (just like me) an outsider, not a part of mighty NXT "elite" and hence not worthy of "your" holy interventions. Recommended read is linked below, absolutely neccessary so that you eventualy realise who exactly you are protecting here - actualy, I will say it because your capabilities are very limited = you are not protecting NXT because it (as a software) does not give a fuck about any of it and will continue to live for as long as 2 nodes are online and at least 1 of them is forging. That is NXT, you idiots!http://kolinevans.wordpress.com/2014/07/31/cryptocurrency-to-cryptocurrency-ipos-are-a-completely-corrupt-deception-the-simple-technical-guide
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I have just compiled the CPU miner.
My FX-6300 gives 1.9 kh/s per thread = 11.4 kH total.
I am curious of other desktop CPUs. Could some people post their results?
Intel® Core™2 Duo processor P8600 (2.4GHz, 3MB L2, 1066MHz FSB, 25watt) on Lenovo T500 notebook hashes at ~ 1.5 khash per core using Win 64-bit wallet built-in miner. Not really worth it so I'm not mining PXC.
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network hashrate 2077Gh/s max.1gh.com 425G miningpoolhub 365G dwarfpool 235G
i can't find the other 1052G, that is 51%, where is it ?
Someone with really huge hashrate - on many occassions over 100% of all other miners combined - is solo mining for a while when difficulty is low thus getting 200% or more MAX than normaly. He then dumps them at exchanges and realises 200% or higher profits over other MAX miners. He is doing it for a very long time but no one really noticed - or at least those pumping MAX price without adding any hashrate noticed which means they are not just buying overpriced coins but insuring continuation of deeds as explained above. It is quite a problem when you have investors who are unaware even of cryptocoin basics. They will buy some coin and then when price drops - because math, supply and demand and plain old logic and sanity say it must drop - they will be all around bitching how coin sucks and whatnot. With PoW coins solution is quite simple = add a shitload of hashrate and do not remove it, ever. Keep mined coins and wait until price goes up massively, like it all happened with Bitcoin, Litecoin and many other coins. If you can not afford to go slightly negative now to later realise profits which will count in millions you better stay out of the whole deal.
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We can not just pick and choose what public ledger suits us best, or it loses all credibility.
You have already done exactly that, mindless idiot.
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A bit shocking to me - not much because NXT community is known for not being the brightest one - people opted for not helping Bter. Nothing would change except transaction which moved coins from Bter to thief account and no one helped with that? Some really dumb people even compared proposal with bank bail-outs, where taxpayer money is used without even asking for permission from taxpayers to rescue bank which might go bust. So even though people were not asked for any money nor money was taken from them to bail-out Bter it is all still looked upon as a big no-no. "It is Bter fault, we don't wanna help them to return stolen coins and we don't care those coins are actualy ours and are now sitting in thief's account ready to inflict massive damage on AE and other areas no one has control over!" - you are a bunch of halflings. "Rollback thing is going to fail" - well, you will see how bad consequances of "your" stupid decision will be as soon as Bter resumes trading and Cryptsy deposits start working.
You had two choices and you have again "chosen" the worse one. Like a mindless herd, you were following advices of people who are just a bit less clueless than you are but you are now pretending it was your choice - no, it was not. There was no community decision here. There was decision by badly informed few followed by a mindless herd which proved you are actualy way worse than goverments, FEDs and others who you seemingly oppose and act upon as you are an improvement. What sort of a fucking improvement you are when you refused to help - at no extra costs - someone who helped you all massively and instead rewarded someone who screwed both you and entity in question here?
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I'm aware many here are after profit and profit only and care not for consequences. What I posted is not aimed at you but noobs you are trying to lure into your scam schemes.
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