Sorry to inform you this but Bter was hacked and closed down a couple of months ago. They reopened after a few week saying "everything was fine" but since they haven't returned anyones funds since then, we all suspect  they are just trying to scam people to deposit there and then bail.

Wish you the best of luck and keep contacting their support. I also have a few thousand Arch there but they don't even reply to developers.

Cheers

Hi everyone,

We have been working hard and there are several updates to the Geocashing app wallet.geocoin.cash! Thanks to all beta testers for their dedication to this project. Some of the more notable updates include:

Beta has been updated to the new GUI (some of those clusters are getting big )




Bulk drop by rectangle!





QR code generator is working with alpha tests. "Geo-QR" codes are under development. More news about this to come.

i personally didn't follow darkmarkets that closely i only saw they have drk as payment option. anyway icm has his own concept with Urge markets so it will be interesting to see how it will work out. to have btc as another payment option would sure be beneficial. maybe some community members will came up with some fresh ideas (expl. cravedigger)

thanks for brief answer, imo it would be waste of time building atomic cross-chain transactions architecture at this point of time. maybe Long term yes. After Urge markets are dropped i am sure ppl will build their business around it. ALT price volatility didn't stop people using drk before, ppl do adopt you know.

I understand your points, but in order to accept other currencies/blockchains we would need atomic cross-chain transactions.  I know there are a few people looking into that but as far as I know there are no POC's out yet let alone a proven solution.  For instance, how would we enforce a BTC 3 party multi-sig from within Crave.  Actually, I do know one way that we could do it, but it would require that users run a full BTC node in addition to the Crave wallet and it is relatively complex to build.  The fact that it is challenging doesn't mean a flat "no", but maybe it is something to put on the roadmap to look into after the market release with the understanding that it could be weeks or months of R&D work to build and test the solution.

Well there doesn't need to be a new coin, and there would be nothing to stop them doing it for bitcoin.

I do see a few benefits to using an alt coin rather than bitcoin.

TX Fee BTC its 0.0001BTC, PKB will be 0.0001PKB (unless 1PKB=1BTC this is a generous saving for 1000's of daily micro payments.)
Block times, PKB will be 1minute compared to bitcoins 30minute block
Users can stake their coins and earn interest on their parking change
Bitcoin doesn't have a specific target market, even though it will probably always be the leader of crypto it does have a bad image for its uses. ParkByte is specifically targeted at parking, not drugs, not anonymity and not to avoid the alphabet agencies' eyes.
Maybe just maybe Parkbyte *might* be less volatile

Lastly, Why not? I am only joining in on the mass altcoin creation I was starting to feel left out  .

Perfect , that's exactly what do I wanted to hear, the market will create an insane buying demand to crave.

I've been away for a while (since the big pump ) so please excuse my ignorance. I see a lot of progress is being made and the market looks oversold and so I'm on the sidelines again, but I have a question before jumping back in: Are the crave markets going to use crave or btc as the currency for purchasing stuff? Or both? Sorry if this is already answered somewhere obvious.

I am asking because, lets be real, nobody is going to use an altcoin on illicit markets.. They very well might use the markets themselves, but they will not use an altcoin for the transactions. For many reasons...

1) Decreased anonymity. Sure, this coin is more "anonymous" than bitcoin, but nothing is absolutely anonymous and since there are so few people who use it, it is actually waaaaaaay easier to keep track of everybody involved.

2) Volatility. Vendors and even customers cannot and will not tolerate the extreme volatility. Even bitcoin's volatility is a big problem for illicit vendors because they are not able to quickly liquidate their funds since they first have to launder them.
 
3) Liquidity (closely related to #2). Vendors need to be able to cash out without dumping the market to oblivion. Not as big an issue for customers because when they pump the price up buying, it just means they pay less crave when they purchase something with it (but this is just doubly screwing the vendor now because of the inflated value of crave).


Now, obviously all of these issues would diminish as adoption increases. But even bitcoin hasn't completely achieved this.

For the above reasons, if the markets are to actually be functional and not just proof-of-concept, I think it would be best if BTC were used within the markets. Or at least for it to be an option. If that's even possible? Or will it simply be up to the people who run the markets?

Again, sorry if these questions have already been answered ad nauseam.

The Urge markets use Crave.  

I've been away for a while (since the big pump ) so please excuse my ignorance. I see a lot of progress is being made and the market looks oversold and so I'm on the sidelines again, but I have a question before jumping back in: Are the crave markets going to use crave or btc as the currency for purchasing stuff? Or both? Sorry if this is already answered somewhere obvious.

Thanks for taking the time to read the thread before posting this time.

My quick sarcy response to that would normally be "well then ParkByte has a better potentional than other altcoins out there"

However here is a better response

I have worked for a leading parking machine manufacturer for 5 years, so I do have contacts.

I am not however like Homero Garza, claiming to have partnerships etc when i do not.

Therefore, there are no contracts, contacts, support or anything for this coin at this time.

It is merely an idea that people have the opportunity to speculate on, no one is forcing their hand.

The premine will be to pay for Development work

EDIT: sorry missed this point


The $100k to build you talk about, I assume you are talking about the server backend, the majority of this won't come from the coin.

The idea is that the coin provides basic framework, ease of integration and generically useable worldwide, think of this as the Blockchain.info but targeted specifically at paying to park your car.

It will then be upto the "Providers" to do the $100k work. I would then see some sort of marketplace opening up, where dev's make addons, plugins, themes etc, similar to the CMS used these days.

Actually I heard Architect degenerately gambled away most of the ICO on alts and Okcoin, much like Drak probably did with his Via money. But i'll leave it at that.

What does crave have to do with viral and i don't tink that viral will have drug markets.  where did you read that they will

sarcasm!! as this seems to much like the crave idea but im still in

Wow, i'm in the top 5 so far.... when is all the big money going to go in on this?  2 5 btc deposits and 2 2btc so far.... lets goooo.

dont bother, cant you see we are going down the drain?