Voted. Very close to 3rd and 2nd places. |
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Suresh, regardless of how the trademark discussion end up, it would probably benefit the status of your coin if you "coined" a new expression for your distribution(/interest) strategy. You say it is not a PoS, sure, but WHAT is it... ?
I do understand where you coming from but... this coin is PoW, there's an interest attached, but it has got nothing to do with mining/validating transactions. Using new "Po[Something]" would be just too confusing. Unless you name it something like "PoW/PoP" just as a marketing stunt (I like "PoP" btw). Yes, " marketing stunt" is what it is. Its power shouldn't be underestimated. At the same time, the idea is more than just a stunt since Speedcoin DO present a new innovation and deserves to highlight the innovation angle and benefit from it. I like PoP too. Another one is "Proof of Ownership"... PoO ... smell that! I have decided Proof of Balance  Updated thread title and first post, thank you very much for the idea! Well done. "PoB" sounds good |
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Hi, mining newbie here. I need help. I am CPU mining (while waiting for heavier gear). My minerd is running, telling me about how "stratum detected new block", "thread 2: 118440 hashes", "2,50 khash/s" and so on....
However, at the PityThePool there is no sign that I am mining. My hash rate is 0 and it even says that I have no active workers... Now, I am at a loss what I do wrong. Can someone help please?
My CPU is running close to 100%, hash info is constantly running in the minerd, the pool doesn't seem to recognize any of this.
I don't mind sending off a couple of SPC to whoever can help a lost fellow in need. The idea of shutting down my computers at night instead of mining is... eeeh... me no like
What coin are you mining? Think the pool will show your speed after you have any shares accepted, with that speed it may take a while. |
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I see this on my Balance page (BTC):
"Possible deposit/withdrawal delay. No new blocks seen for 39 minutes"
What's this about? Is everything OK with your BTC wallet? I assume the bitcoin network is working fine, so it's a bit worrying.
EDIT: it's OK now
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Suresh, regardless of how the trademark discussion end up, it would probably benefit the status of your coin if you "coined" a new expression for your distribution(/interest) strategy. You say it is not a PoS, sure, but WHAT is it... ?
You need to coin an expression that will originate from YOUR coin so it belongs to YOUR coin and not the next clone. Again... if a clone appears and the clone dev will make up the new word, weeks pass... then after a while, this new invention might come to "belong" to the clone coin since they came up with the word. Few people will bother to back track. This could be vital for the longevity and status of your coin.
My first suggestion is Proof of Possession , PoP, any other suggestions anyone...?
Whatever it is, you should use this new Po? to market your coin with in the very initial presentation of your coin (similar as what Fluttercoin is doing with Proof of Transaction).
I do understand where you coming from but... this coin is PoW, there's an interest attached, but it has got nothing to do with mining/validating transactions. Using new "Po[Something]" would be just too confusing. Unless you name it something like "PoW/PoP" just as a marketing stunt (I like "PoP" btw). |
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will u ever be on poloniex
I will get in touch with them and find out You should offer some coins for giveaway (Poloniex have a special giveaway section), that would introduce SPC to more people. Also, it would be great to get SPC listed on coinmarketcap.com and coinwarz.com |
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Nice to see that interest is also payed on AllCrypt deposits. That's a big advantage over PoS coins.
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From Speedcoin [SPC] thread: https://bitcointalk.org/index.php?topic=570526.msg6368928#msg6368928I would like to clarify that I originally thought of SpeedCoin as a name for a coin. There are others out there making claims that they came up with the idea for the name and they have released their own coin with SPD as the currency unit. http://who.is/whois/speedcoin.net (our coin!) http://who.is/whois/speedcoin.co SpeedCoin.net [SPC]: Registered on January 27, 2014 (our coin!) SpeedCoin.co [SPD]: Registered on March 31, 2014 On top of this, my colleague did have a Pre-ANN thread opened but this was deleted due to violation of TOS, though here is a mirror: https://bitcointa.lk/threads/scm-scs-speedcoin-placeholder.247395/The idea back then was to separate the mining and savings part of SpeedCoin hence the two different currency units. This changed as development carried on and now we bought it together in to SPC. My colleague and I do apologize for the confusion caused by the fact that we have a unique idea that unfortunately has clashed with another coin which was released AFTER I released my coin, AFTER I registered my domain name, AFTER my pre-announcement was deleted on bitcointalk. Hope this clears things up. |
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Bitcointalk users! I will be giving away some SPC for each post that is made on here for the next 100 posts, post your SPC address on each post and tell me what you think about SpeedCoin!
Current SpeedCoin users are also welcome!  Send some this way: SVAer83LRTprCKu3YKLb5FdvSUVBzBKcsK Thanks ps. Voted on Mintpal |
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bump
really good poker site, still a few minor bugs from time to time but overall very nice.
Hope you're planning to promote it a bit more.
Also, you could add a few more small buy in tables, or auto-generate new when full (if possible)
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Voted.
Not much chances to win tho, the current 1st place is way ahead of you and frankly, I think she needs it more.
Good luck
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when it comes to exchanges. it has to go into a mixed pot otherwise when you sell coins on an exchange the funds have to move to the buyer, meaning your both waiting 10 minutes for a confirm. slowing an exchange down
That's not what I meant. Obviously there must be a mixed pot. I was talking about ALL customers' (not every single customer's) deposits being held separately from operating funds. In other words, the exchange can restrict itself from being able to 'borrow' from deposited funds to cover any ongoing expenses (employee costs, electricity bills, office rental etc). In my understanding, this would be a simple case of constructing contract/T&C appropriately, so that customers remain the legal owners of the deposited funds (so should be safe if company goes bankrupt, as such deposits would not be a part of company's assets - but I may be wrong here). Pretty sure there already are similar regulations regarding money deposits in the FCA regulated businesses (UK), but these probably wouldn't apply to cryptocurrency deposits. |
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In a perfect world, rule no 1 should be sufficient on its own. If you're planning a large scale business - do it as a registered entity (or in your own name).
If you're running a business in a 'civilised' country, you're subject to a strict regulations. And even if your T&Cs say that "you're not responsible for anything, and customers are using your service on their own risk" that doesn't mean a shit, as T&Cs don't supersede the law/regulations. Therefore you cannot just transfer customers' funds into your own pocket and declare bankruptcy, as you could face a prosecution for fraud/improper management etc.
What I would like to see, in relation to the exchange sites, is a maximum transparency in management of customers' funds. Also, these should be restricted and held separately from the operational funds. So if I deposit 1 BTC or $100 I remain the owner of these funds and they cannot be spent on ie emloyees' salary or electricity bills. So even when the business goes under, users will get 100% of their funds back.
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I like the discussion going on here. I just wanted to add that I cashed most of my coins out the day AFTER (kicking myself for missing it) bitcoins reached $1200-turns out that was a good decision. Although, I still held a fair amount of coins-primarily Casascius, which I've since sold-with the attitude "I'll just see what happens". So this wasn't just a snap decision. At the same time, I don't like not owning any coins-not just from a financial standpoint, but the principle of it (I "believe" in bitcoins). So, I'll probably buy a coin just to stay in the game. And I'm not taking my eyes off bitcoins-if I feel the stars align and its time to get back in, I won't hesitate.
So you sold some BTC, but will probably buy some "just to stay in the game" and you'll keep your eyes on bitcoins... That sure doesn't meet the definition of "being out" Anyway, in or out, good luck to you. |
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Is the merged mining still working?
Seems I haven't got any Namecoin transfers in a long time.
Is it just me?
Nevermind. Just noticed that the answer is right above.
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you don't try to do withdraw through altcoins right now I have this and lost nearly 66% of my payment if you can do just wait its better for all they are doing to change things around them
What altcoin did you get out with and when? 66% seems bit too high. At this moment you can buy DOGE on cryptorush at 145 satoshi and sell on Cryptsy at 113. That's 28%, so not close to 66%. Still better to lose 66% than 100% tho. Also, how do you know they're doing anything to resolve the issue? Any links? As far as I know they've been silent for a few days now and that's a bad sign. |
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With Crypsy implementing USD markets and possibly adding other fiat currencies, a question comes to mind: is there a future for Bitstamp with only one USD/BTC market?
Providing that Cryptsy, Kraken, Vault of Satoshi and other sites offering multiple choice of crypto/fiat currencies are trustworthy and the fees are on similar level, why would anyone choose to trade on Bitstamp?
I wish Bitstamp all the best, but have a feeling that without adding other markets they will be loosing customers/volume pretty shortly.
What do you think?
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Apparently cryptorush lost their BTC. You cannot withdraw them coz they don't have any. Read the official thread. https://bitcointalk.org/index.php?topic=431099.520You can still get out by buying altcoins, and withdraw them. I got out with DOGE. But you'll loose some, as all the altcoins are overpriced. Good luck |
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