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I'd like to point out that the wallet has been disabled/maintenance mode from atleast the beginning of march. I've also contacted them
Did they provide a reason why the wallet is in maintenance? Don't see how there would be people buying and selling SBC on the exchange if the wallet is down. I will try a transfer of SBC to find out if it goes through.
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I think their wallet is still in maint mode, so, no deposits atm. I contacted Cryptsy about the wallet maintenance. They said they do periodic maintenance of all coin wallets. SBC has been trading on Cryptsy for sometime with Buys and Sells. It has dropped in price recently. There are campers that buy coins at a price they won't deviate from, then sell on short term price increases. This seems to be keeping the price down. Also, there is not much volume. Unless there is some renewed interest in SBC like what occurred in December of 2013, SBC will remain on a slow decline in price.
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It's good! Thx for your work! Need more time for people to know ) Thought I would add two other Stablecoin pools: ub3rl33t has been running a Stablecoin pool since its inception. If interested, here they are: StableCoin ub3rl33t Bitcoin forum wouldn't let me post the link for some reason. Just Google it.PNWMiner is another one that has been running a Stablecoin pool for quite awhile. http://sbc.pnwminer.com/index.php?page=loginNever had a problem with either.
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Solomining not working, I decided to set up an MPOS mining pool 1.5% fee, as far as I can tell the ONLY pool out there working... 100% uptime, bought the dedi purely for this, so no domain 120 confirms, VARDIFF, but diff starts at 1 so even low powered miners can get a fair go! http://151.80.140.87/MPOS/publicAs a test, I mined 2 blocks solo after 9 hours at about 680 kHash/s. I used an AMD R9 200 Series graphics card. Here are the cgminer 3.6.5 parameters used: setx GPU_MAX_ALLOC_PERCENT 100 setx GPU_USE_SYNC_OBJECTS 1 F: cd f:\ScryptCoin Mining\cgminer-3.6.5-windows cgminer.exe --scrypt --intensity 18 -g 1 -v 1 -w 256 --gpu-powertune 50 --lookup-gap 2 --thread-concurrency 20480 --gpu-engine 1000 --auto-fan --gpu-memclock 1450 -o 127.0.0.1:17501 -u <username> -p <password>
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I noticed when Stablecoin is stepped on by ASIC miners, it drops way down on the list at Coinwarz. When the ASIC miners or bots realize they are not getting many coins they leave it alone for awhile.
The developer(s) stated that they made the Stablecoin network ASIC proof by design. Its designed for the low hashrate miner crowd for better distribution instead of a few greedy people that can buy the high powered gear.
I say this is a good thing. For those wanting a large number of coins, buy them. They are cheap at the moment.
How can an scrypt coin be considered ASIC-proof? o_O That claim was probably made back when SHA256 ASICs first started appearing on the scene, and the only way to increase your scrypt hashrate was to buy more GPUs. Have you heard of scrypt ASICs? Currently, there are many being used. From my understanding, the most powerful scrypt ASIC mines at 300 Mhash/s. I wouldn't own or operate one because of the power draw and problems with profitability. Maybe the Stablecoin coin dev(s) designed the difficulty to go up exponentially instead of linearly when the hashrate increases. The number of coins generated drops off substantially when the hashrate goes up. Its certainly not generating 1440 blocks per day on average as is should with a 1 minute block time. Since profitability comes from conversion to BTC then to fiat, BTC will need to be at a much higher price than it is now. Perhaps triple its current value for scrypt ASICs to be profitable. I have my doubts BTC will get much higher than $300 per 1 BTC because of the MT. Gox heist of 650,000 BTC and BTC's shady reputation with illegal activities. Within the next year or two, BTC will more than likely fall to a conversion rate to fiat of less than 1 USD per BTC. Probably after another crypto coin has surpassed it in value. Its my guess the replacement will be a scrpyt (GPU) type coin.
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I noticed when Stablecoin is stepped on by ASIC miners, it drops way down on the list at Coinwarz. When the ASIC miners or bots realize they are not getting many coins they leave it alone for awhile.
The developer(s) stated that they made the Stablecoin network ASIC proof by design. Its designed for the low hashrate miner crowd for better distribution instead of a few greedy people that can buy the high powered gear.
I say this is a good thing. For those wanting a large number of coins, buy them. They are cheap at the moment.
We should buy them all to a disabled wallet? Download and compile the Stablecoin wallet source files from Github or store the coins on an exchange. There are a number of exchanges that have Stablecoin wallets. Also, you can mine coins at a pool, then transfer the coins to an exchange account. I have a copy of the latest compiled version but have no way to link it and I am not sure if I can legally distribute it because of copyright.
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I noticed when Stablecoin is stepped on by ASIC miners, it drops way down on the list at Coinwarz. When the ASIC miners or bots realize they are not getting many coins they leave it alone for awhile.
The developer(s) stated that they made the Stablecoin network ASIC proof by design. Its designed for the low hashrate miner crowd for better distribution instead of a few greedy people that can buy the high powered gear.
I say this is a good thing. For those wanting a large number of coins, buy them. They are cheap at the moment.
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Here are all the addnodes I have:
addnode=108.186.237.29 addnode=109.121.82.231 addnode=184.171.221.204 addnode=109.80.94.251 addnode=93.138.167.14 addnode=31.207.20.162 addnode=188.126.8.14
Have had these for some time. Wallet seems to connect with 8 - 11 connections. It depends on how many wallets are open on the network. The addnodes above are suppose to be dedicated.
More wallets open, more connections to each wallet.
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Stablecoin is certainly not a dead coin because it is still being mined and traded. Not sure what the dev(s) could be up to. Possibly waiting for an opportune time to make a showing for further promotions and possible modifications?
Cryptsy is probably doing maintenance frequently to ensure their hasn't been a fork in the blockchain. This is not very likely considering the current design of the coin mitigates it.
A showing by the dev(s), at this time, will cause a fire storm of abusive posts and rants.
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I have been watching SBC for some time, now. It appears to have been definitely made ASIC proof and very resistant to a 51% attack. Every time the SBC network gets hit by more than 100 MHash / sec, the difficulty goes up to the point where there is a significant time between block finds. I suppose the original devs wanted a higher diversity of miners working the network.
Just my two cents.
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Is there still a trading Plattform for SBC? With online Wallet?
Cryptsy is the only altcoin exchange that I know of.
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Stablecoin has been in the top 10 in terms of profitability for some time. Wallet is still available and has connecting nodes. Blockchain site is still up. Stablecoin is still viable. What happened to the devs that were going to takeover?
Time will reveal.
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Looks like Stablecoin is officially finished in its present state. The Stablecoin website is gone because its one year IP lease has expired. Took me until now to catch the drift.
The huge pump and dump occurred last November with Artos taking the cash and making an exit, what a PoS. How he got people to invest, back then, is beyond my comprehension.
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This coin will be ruined, soon, with the long block find times resulting in the wallet going in and out of sync. Since the devs aren't maintaining or updating the code, StableCoin's demise is pretty much sealed.
The devs website is still working with many broken links and the forums are inundated with spam and posts that are unrelated to the coin.
What's the deal? If StableCoin was truly abandoned the website would have been taken down and there would be no connecting nodes for the wallet.
Maybe Artos has taken a very long hiatus from StableCoin to facilitate growth, which is not boding well for the coin. With that, I ask the same question, where are the devs?
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Houston, we have a problem.
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Looks like that pump was short lived. The price is headed back down to around .00000250. Looks pretty stable at that price because there isn't much interest in selling it for BTC. Stablecoin really needs the proof of stake concept added to provide incentive to hold coins. Also, mitigation against scrypt asic attacks and the mixing service as promised by the elusive original devs. Stablecoin's mostly low network hashrate provides miners the opportunity to amass 10's to 100's of thousands of coins and they appear to be ready to dump those coins on any price spike. This activity will continue unless the Stablecoin network hashrate stays in the hundreds of Mhash/s or higher with the hashrate distributed amongst many miners. Doesn't seem likely.
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You must be referring to a 51 percent attack to take it over. The current block chain goes back to the last hard fork done by Artos. Could take weeks or months maintaining the 51 percent. If the take over devs succeed, then the question is will Artos return to get his coin back?
Very unethical because the takeover devs could go back as far as they wanted, messing with transactions causing those transactions to be invalid. They could make a big mess of the current block chain.
Looking at the current hash rate, it doesn't appear they will succeed.
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The name "Stablecoin" and the shortname "SBC" aren't open source. What do you plan to call this new coin? What's stopping a group of devs taking over BTC, its open source also.
I am just trying to get a grasp of what is going on with SBC.
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Isn't publically taking someone else's intellectual property an infringement of copyright law? Artos hasn't abandoned his coin. His website is up, the wallet still has 9 to 10 active connections, sometimes more and the block explorer is being paid for.
Usually a coin takeover is through permission from the developers or because the coin has been abandoned. Am I correct in stating that the only thing you can do is produce a hard fork in the hopes that the Stablecoin community will follow?
I recall that Fedoracoin, aka TIPS, took the same route. Look at its value.
I say go for it, miners can decide to use the wallet with the coin of the highest value.
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