Actually I got most of my money out right as the xpm market collapsed this last time, but still took a bath which would be more than a BTC at today's price.  The fact is this coin is so bad it should have never been put on cryptsy.  I'm as pissed at cryptsy as anyone.  Then I read this stake bug and realize this coin was dead before I even purchased it.  Write your losses off, or create a new blockchain and have people transfer old pennies to the new one in some manner.  Sorry, but with the stake bug this coin was ruined as far as I can tell.  I'd love to see it actually create a market, but that doesn't mean it'll happen.  Cute concept, etc etc.  Hire a developer and have it become a POS coin.  You'd have better luck with that.

Does anyone have any idea how many coins there are ?

The stakebug was 10x every 9 days ?

I think this coin is hosed, and I don't think it will be going anywhere.  No one can even tell us how many coins are in existence.  Why bother trying to create services for them?  It is pretty much done with.  You guys should just start trading them amongst yourselves.  Find a good pump and dumper and see if he'll buy your 99999 trillion coins.  Thats your only choice.

Or create an exchange and shut down deposits of this CENTS like bter.  Purely fake market to sell to unsuspecting rubes like I was.

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I was burned so bad on this coin.  I don't know wtf cryptsy is doing putting it on the market when it was so horribly broken.

I'm sure those who massively grew their coins were happy at the time, but all it did was perma-screw this currency.  Even if someone put effort into creating some sort of service for them, you're just waiting for the minute some one who was around during stake bug and just wipes out the whole market at once by dumping.

Well thanks guys for reading my post and telling me what you thought.

I think the coin would be more a POS instead of POW coin. 

I also suppose that I am more interested in what would make a coin "take off" and be adopted widely, but I also realize how robust and unexploitable such a thing needs to be for longterm success.

The only thing that I can think of is to make the coin become popular is by making it more egalitarian.  When everyone has a closer to even stake in the mining of the coin, and not just those with existing capital, it seems like maybe the coin would have something to make it take off/become more adopted.  So many coins seem destined to fail, not just because the # of different coins out there, but because they lack any real innovation.  That and they are frontloaded to help early adopters who already have 15 khash of GPU, or a server farm ready to load up with compiled CPU miners, etc.  This turns a lot of people off.

So I like my idea, I just realize it is a bot-netters dream and I don't think that it problem that is solvable except that luckily botnets infect mainly firewalled systems.  So the stage in my coin where the IP address is verified on the mining of a block would likely kill botnets.  That, or the botnet would have to create a proxy system.

OH well, I'll likely keep the thought in the back of my head, but I realize how much of a project it would be write such a thing.  If anyone ever heads in this direction on a coin, send me a message please.

I don't understand what the issue is with the transferring coins in smaller transactions to a new wallet.  Somehow this impacts stake?  And not just the raw # of coins ?

I was investigating where my MMC from xram went.  I started this post asking about the pool, but have done some research.  I'd like anyone's thoughts on this matter.

 
I understand http://mmc.xpool.xram.co/individual?address=MN6awVmoLj2HbdRHnEAr17e2a3byPPK2V9 has paid out some coins but I don't see them.

This here appears to be my payout but it does not appear in my wallet ? 

http://www.chainbrowser.com/memorycoin/address/MN6awVmoLj2HbdRHnEAr17e2a3byPPK2V9/

My wallet never appears to completely finish synching.  It currently says ~2300/2900 blocks, but last block receive was generated 0 hours ago.  So do I just have huge holes in my blockchain?  Are blocks not downloaded sequentially?  Bug?

The only way a bank backed e-currency will work is if it is mainly in one country and it gives up the whole borderless international concept that us cryptocurrency fans embrace.

It is hard to imagine the cryptocurrency supporters ever accepting these backed currencies, or that this would take over with so much of the anti-banking sentiment in the US.  It might somehow be the solution for micropayments in the US, since it would be pegged to the dollar.  It definitely won't overtake cryptocoins.  Just too much baggage there and too many smart people pushing for cryptocoins.

You're not stupid, you just find an analogy that sorta fits but is really nothing more than a single data point in history.  Then we had the neurobiology stuff.  It is all just a tad silly.  Analogies are good for helping people understand things.  They are not good for winning arguments.  We can come up with analogies all day for either side, but so many have zero value and end up pulling the discussion into weird tangents.

Exactly.  This means there has to be a central place you trust with your gold.

Lets just assume we can trust this entity and it is a private organization for another argument of why this is bad.

The only way the e-currency/gold angle has value is if you can actually redeem your currency.  What would keep people from doing this?  Only if the exchange price was greater than the gold price.  If it isn't, then people exchange it out for their gold and what does teh entity do?  What is the business model of this "gold backed e-currency based entity" ? 

It makes little sense, except possibly to remove volatility out of the market by pegging the price to gold.  However, how does the backer of the coins make their money?  They have to keep a well guarded warehouse hosting millions of dollars in gold.  I just can't see this working out.

No, thats not the idea.  The idea is that the coin stores every originating/mining IP in the blockchain.  Yes, you can get a new IP address but (at least it used to be) you'll get an IP address in the same 256 IP block typically.  If not, it would typically be something close.  

So when a coin is mined, the block reward is based on however many similar IPs have also mined a coin recently.

The idea would hurt the profitability of cloud mined coins and pool mined coins.  That is because a large amount of coins would come from a similar IP space, and thus be penalized.  Unfortunately it would *HELP* botnets.  Thus, that is why I am trying to bring about discussion that might give me some insight.  When I was running this idea through my head, I hadn't even considered botnets.

Storing a big list of IPs to sort through to calculate the weight problem is not an issue.  If you managed to mine a block and wanted to change your IP, then ok but you'd need to find one away from other miners or your previous subnet. 

There is no 1-to-1 coin-to-IP anywhere in my idea.  My idea would be more like, "well this is the 16th block mined from this subnet in the past 10k blocks, so instead of receiving 200 coins, this will be a 100 coin block."  (as an example)

thoughts?

I agree 100%, but there are 2 kinds of support.  THere are the guys going DOGGY DOGGY all over and then there are devs creating services which is what gives a coin longterm value. Memes have a shelf life though.  Kids are taken in by cool things, and nothing can be cool for long.  I mean if you were specifically targeting memekiddy money, then yea, develop for doge.  Otherwise I fail to see anything here.  

Again I may 100% be wrong.  "4chan is behind it" etc etc.  Wait until the next 'inside crowd/cool kid' joke goes on.  Guys stuck with coins 10% of the value they paid.  

I was toying around with the idea of writing yet another coin.  I had a couple of ideas rolling around in my head, one being that the block size is dependent on the uniqueness (for lack of better word) of the originating IP address.  So if you find a block in Amazon cloud, it will be diluted with fewer coins because presumably a lot of other blocks have been found in the corresponding address space.  It would do this by reading a long list of previous IP addresses in the blockchain to calculate a factor.  Since this would depend on the blockchain, I assume it could be enforced algorithmically in code.

This approach has a ton of problems, the biggest one being that the ip4 address space is large and very incongruous.  People have 256 IP blocks all over the place now, so the approach would not work without taking in a large history of originating IPs.  (Not to mention I was not able to come up with a way to insure the originating IP addresses are correct, except by having the network check directly with that IP address..)  I could add DNS records to the algorthm, but that is so easily worked around.

The above approach could work on a theoretical level, except that it would be an invitation for botnets.  We store the miner IP in our blockchain, so we can go back however far to determine locality/incongruity. So we hurt cloud computing, but invite botnets. The one upside is that most home systems are firewalled, so the originating IP verification process would fail when portions of the network try to connect to the host that just mined a block.  Really though, it seems near impossible to make a coin that could not be run over by throwing more resources at it. 

I think having a coin mined by a wider group of people would help greatly with adoption.  A more egalitarian coin. Thoughts ?

I would also like the block to be "claimed" and then reserve a window for the transaction portion to be filled.  This eliminates the orphaned/stale problems we see.  THat 50k/s outbound so many American's (and others?) are stuck with would not be near the problem if a simple packet to claim the block was initially sent on block discovery.  Then the transactions are routed directly to the IP addr and it fills out the block during the allotted window.  Once filled, it propagates the block across the network.

Are there coins that implement anything like this ?  Thoughts ?  I started thinking about it then thought about all the DOS type attacks and so forth.  If you want to use my ideas, please just leave me a message so I can follow your progress/coin.

^^ This.

Forcing yourself into binary decisions when you have infinite options is a mistake from the start.

DOGE will die once the joke is no longer funny.  What serious devs are going to be putting work into it and building infrastructure ?

Cool.  Glad I'm wrong and there is more to it.  I don't want to be a hater, I am just trying to understand.  You've at least come through with some designs. A little public communication even when busy will go a long ways. THx.

The only way you'd ever be able to buy bullion with these is at a bad price.  Think about it, either the price of the SPOTS when exchanged into USD will cover the price of the metal or they don't.  The idea that there will be bullion only purchasable by SPOTS seems a bit silly to me.  He isn't going to take a loss selling you metal when he can't make a profit.  So what is the value of the coin here?  Sounds like a con angle to me.  It sounds very marketable.  "Coins straight to bullion"  For this to work, he sells metal coins for spots, then he has to hope he can offload the SPOTS while the price still makes him a profit.  Why not just take any coin? 

I completely hope I'm wrong, but I've started reading about some of these coins I bought.  Trying to understand what value they have longterm.  My foray into SPOTS was initially pure speculation.  I bought a lot because the price went down in recent crash when I assumed there was more to the coin.  You can have coins minted all day long, but it takes a decent amount of capital.  I don't think this dude will have it.

I'm not selling my small holding that I have left after reversing my position, but I think we'll going to need to get lucky to see it rise from current prices.  That or mass speculation dumping tons of capital blindly into markets.

I am trying to understand the business model.  Say I am a business and wish to reward my frequent customers.  What do I do ?  I have to go onto the open market and purchase these reward points to restock my rewards bank?  This is where I am confused.  That doesn't seem like it would ever work.  What am I missing?   Sure it might be fun to receive altcoins as a reward, but I don't get how TAG is recycled in a reward system.  Wouldn't the relatively high volatility of an altcoin kinda screw this up for the business?  They would have to restructure their reward system every time the value changes.

Is my take on this coin wrong?  I like the idea.. a niche market, but how would it work? What am I missing?

I like cygwin but I've never heard of people using it for a production type server.  I think you would be better off using Virtual Box and Ubuntu.  I'm sure Cygwin has come a long ways in the past 10 years, but I think you're asking for a big headache that will likely never even pan out.

(pan out, thats a mining term

Probably this

apt-get install libboost-all-dev

I bought a visiontek 7970 and have never been able to get over 419ish.  So I thought this bios flashing would be an instant fix but was hesistant to pull the trigger.  It took me a bit, but i located the dipswitch for dual bios.  (It is tiny, on the top by the crossfire connects)

So I tried the standard tahiti bios everyone recommends to make it into a ghz addition.  Xwindows will not load with it.  I was able to boot into Windows once before the new drivers were loaded.  After that I got blue-screened.  http://www.techpowerup.com/vgabios/index.php?page=1&architecture=ATI&manufacturer=ATI&model=HD+7970&interface=&memSize=3072 is where I found the bios.  It is the latest from ATI.  It works as well as http://www.techpowerup.com/vgabios/116807/visiontek-hd7970-3072-111207.html which is the one visiontek bios on techpowerup.  I don't see any other alternatives.  I am about ready to put the old bios back and use the card for awhile and return it.  I would have never bought these things but the 7900 family was not really available when I sold my BTC as the peak.

Vision Tek 7970 HD - Do not buy this card.  Warning. 

Are there any other bios's ?   I've searched all over the web and there aren't that many mentions of this brand of card.  Supposedly lifetime warranty if you register within 30 days.  I am going to opt to return because I see no solution besides a very hot card running barely in excess of 400 khash.  Visiontek or vision tek 7970 HD should never be purchased for scrypt mining unless someone has some other solution and yes I've done my share of tweaking to cgminer and NEVER did I hit 420.

I also bought a broken 7970 sapphire dualx.  The 2nd fan doesnt work and possibly the gpu temperatue.  I am going to return it since I can't service it not being the original owner, but I suspect I'd have better luck with and replacing the cooler than these visiontek cards.

THis coin just released on cryptsy.  Lol.  Where will it go ?

When is Netcoin going to be put up ?  It is far more of a real currency than DOGE which is just an excuse to meme up the internet.