I think the developers should surely be compensated for time spent on a project, but anything that looks premined has lately taken alot of flack,the best way I have read is if your very clear about how much of a percent is to go toward the development team, with it clear at the start people can choose into the project or opt out completely, as a novice crypto player here I would hope more ingenious projects are clear that a percent is going to development instead of devs sneaking a way that looks bad but cannot be proven.

So I am clicking around real quick to check out some graphs and I see this shadow behind bter, looked kind of weird, all of a sudden bamn! I am behind some prison fence inside a website, haha! that was my first impression..

Exactly, quite difficult when Alt coins value is determined by the value of BTC, when BTC crashed below 600 the other day no Alt coin retained its own value from what I could see, USD did not change, when a calculation is done to value an Alt coin it needs be Alt/BTC cause the value is not truly based on any other  currency.

Why not load up a list of the founders names and a bio to go with it, in this way as the coin moves in a direction away from them or givin time they are givin due credit for their work.

I think this was a good choice of words for testing, could of been: lets see if this mutha works...

I do not think so, cause everyone is kind of intertwined

Hope the next group brings out some additional tech with their coin, and maybe a legit marketplace where a person can use it.

I see all coins that way, all the way down the line from BTC, not one has been developed that is not designed to make early adopters wealthier, at some point someone will come up with an idea and make a truly superb coin that's designed for use and and will have some next gen crypto features that will drive the demand up, but wont put a shadow on the first few to the table, I unfortunately have a hard time trusting anyone involved with the startup of Quark, or any other crypto coin for that matter. (well there are 2 projects I am watching I could careless about what direction they go)

Why would someone work on just a coin and not on ways to help people spend their coins? Just wondering cause you can go buy this coin or that but the places to use them are limited, what some devs really need to do is launch a coin with 10-20 diverse sites where they can be spent, that would make a great coin and average users could adopt it knowing they can buy some new hardware or send gifts to somebody, as it is i go mine these coins then go exchange them for one accepted somewhere to get any real value out of them, doing so I risk coins in an exchange (currently) and have to deal with the extreme volatility of the coin I trade for, its a crazy run around to turn hashing into value.

Guess that experiment is over, mined several hours, to find out I do not really understand difficulty and I should never have attempted to mine this coin, how does coinmine pool work anyway?

[2013-12-08 01:27:06] thread 2: 1698191 hashes, 39.94 khash/s
[2013-12-08 01:27:06] thread 3: 250658 hashes, 40.89 khash/s
[2013-12-08 01:27:06] thread 0: 1469527 hashes, 38.46 khash/s
[2013-12-08 01:28:01] Stratum detected new block
[2013-12-08 01:28:01] thread 3: 2171140 hashes, 38.99 khash/s
[2013-12-08 01:28:01] thread 2: 2155430 hashes, 38.71 khash/s
[2013-12-08 01:28:01] thread 1: 2644721 hashes, 47.49 khash/s
[2013-12-08 01:28:01] thread 0: 1460809 hashes, 26.26 khash/s
[2013-12-08 01:28:19] Stratum detected new block
[2013-12-08 01:28:39] thread 0: 1575728 hashes, 41.87 khash/s
[2013-12-08 01:28:50] thread 2: 2116855 hashes, 43.49 khash/s
[2013-12-08 01:28:50] thread 1: 1536784 hashes, 31.58 khash/s
[2013-12-08 01:28:50] thread 3: 2319497 hashes, 47.65 khash/s
[2013-12-08 01:28:56] Stratum detected new block
[2013-12-08 01:28:56] thread 0: 273782 hashes, 45.29 khash/s
[2013-12-08 01:28:56] thread 2: 297297 hashes, 49.19 khash/s
[2013-12-08 01:28:56] thread 1: 279225 hashes, 46.20 khash/s
[2013-12-08 01:28:56] thread 3: 293593 hashes, 48.58 khash/s
[2013-12-08 01:29:30] Stratum detected new block
[2013-12-08 01:29:30] thread 3: 1668719 hashes, 48.51 khash/s
[2013-12-08 01:29:30] thread 0: 1555619 hashes, 45.21 khash/s
[2013-12-08 01:29:30] thread 1: 1692331 hashes, 49.18 khash/s
[2013-12-08 01:29:30] thread 2: 1574535 hashes, 45.75 khash/s

 This is what the improved win64 miner is doing for me, two shares so far, should I be getting more? or does it seem to be on track, thanx in advance

P.S. Do you think I should expect to see my hashrate and shares on coinmine,pl?

Thanx man

Learning to mine here, and I guess I am currently mining for palmdetroit, now how do I set my address up in the .bat file for the win64_all version?
[Edit] Wrong file, trying improved version now

Oh oh oh! how about Trinity coin? 

i refuse to read this thread completely (just saying), every exchange has been hit hard with BTC in the news lately, and every exchange was unprepared, the operators of the exchanges look like they will be making alot of cash over the next year and so will get things figured out, i also have been critical of how they are doing things, but have decided that they are faced with a workload that could not be predicted, they could not prepare for mass amounts of glitches that come with the traffic and attempts to hack their system, give them 10 days like you would give VISA or MC, on bter.com I see people getting their coins after a bunch of different problems, if the little guy can get past its problems and get people paid so can the rest, just will take some time.

Why would you keep 63 BTC on an exchange anyway? Unless you had some kind of faith in it to begin with?

i think you need to look at building a layer on top of google maps, and sell it as an app for cell phones so you are reimbursed for work you put into it.

I will buy a bunch at $10, never going to happen though, i am guessing speculators are dropping their investment with all the bad news about it lately, but those of us that want to use it give it its value,  now all you new millionaires need to ask your new gardener if they will accept it as payment, and your cleaners, and whomever else you think you can pay with it.

It will bounce right back, mark my words.

Which gets me thinking that maybe Starbucks ought to have some kind of protection if a transaction is going to take a long time (10 minutes), and buyers ought to have code on their mobile device wallet that communicates with the Starbucks client to insure that it is a part of the network.

Yes i read the thread, I usually pick the shorter ones to post in, I have read arguments about double spending and it seems to be very difficult, the common thief has not yet been sold the wallets to double spend with, given time they will come, I have read alot of arguments and anything I say should only be taken as my opinion as a "what if" based on my perception.

Do you ever make transactions that you expect to take 30 seconds?

Ever buy anything in such a rush that you were unable to wait for your change?

how easy is it to spot a double spend? Is it possible to have a program on your cell phone that looks like a legit wallet but can quickly produce an address that is similar to one that is attached to a QR code? such a program could remove the double spend and would be outright theft, i would much rather a quick confirmation if I am selling something on a busy street

I do feel for those that are banking on the success of cryptocurrency and are not confident in the community that is behind them, yes some people have lost 40% + in wealth today, still dropping, not to worry though, the bounce back will make some feel like they are on top of the world, this drop will be a learning curve for some speculators who are the reason that this is happening, crypto is the future, dry those eyes, tomorrow is another day..