Up!

I'll do it!

Raptorak
http://coinfaucets.tk

Thanks, .

The wall is what it's called simply because it's tough to get across. For that order to be taken down, someone has to buy the entire thing.

14+ BTC at 74 satoshi means that someone is offering up 14+ Bitcoins (14.00000000+) for DVC at a rate of 0.00000074 BTC per DVC.

For someone to buy at 73 sat would require people to sell almost 20 million DVC to the guy that is buying at 74 first, which is why it is a "wall."

I'm going to assume whoever is buying it is speculating that the price is going to go back up and they are going to profit off it.

Wow, just went to the site today and saw new features. A bar that lets you know when the last time you logged in was, and also now this:

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Technical Details

Previously, we never knew your password and your browser hashed it before sending it to us. However, if our front webserver was compromised, an attacker listening on our server will be able to see the hashed password and be able to login with that hash.

Now, we store your password securely in our databases but also require a key derived from your password (which is never sent to the server after you register or complete this upgrade process) for sending Bitcoins. This means that even an attacker who has compromised our web server will be unable to send your coins.
----

I'm really loving all this security. It kind of scares me though, lol. Feels like a personal guard force is protecting me at an ATM.

New client pulls the wallet file from the same location. Ex. when I did the "upgrade" I simply downloaded the new client. Since it's still a Devcoin client it is still looking for the wallet in /roaming/devcoin/

And you have to back up the wallet every 100 addresses, whether that's because you created them or because you sent funds (as that creates an address as well). I personally just use an automatic backup program to keep up with the file and when it changes, it automatically backs it up. Lot easier than having to remember to deal with it, especially when you run 8-9 different wallets, lol.

Honestly, he damages this project more than he helps it. I found out soon after I joined that he was either trying to destroy it or he has no idea what he's doing and is accidentally causing damage. But then again, based on his entire "Bitcoin city" thing, he's doing the same thing to his own project. Kind of sad, really. I was surprised to see that somehow he became an Admin here...

Update: Zif just spent quite a while with me (well, still is) helping me better understand what's been going on, what the plan is for the near future, etc. We also went through the rig settings together to ensure everything was set up properly, and fixed a couple issues (ex. getting two separate accounts set up for the two rigs so that I can differentiate them). I am pleasantly surprised and this is definitely a huge positive from everything.

While we had our issues, what he did today definitely speaks volumes about his service and willingness to try and get everything resolved!

The client on the official site, or thread or whatever was the wrong version. I joined up long after the new version was released as well but up until a couple weeks ago I had no idea there even was a new version -- I was still using the one with the Bitcoin logo as that is the one that was listed.

Unthinkingbit confirmed for me that it is every 4k blocks starting with what we are used to for R24 (when I started), so payout is every 4k blocks from 96k (100, 104, 108, 112...) and the stopping point is every 4k blocks as well (93.3k, 97.3, 101.3, 105.3...).

I'll send you an email in a few -- need to decide how to go about this and go from there. I didn't bring everything up until the lapse in communication happened, and that was not for fear of "ripping me off," but rather because it goes against everything that was stated in emails between each other prior to getting this going, as well as the selling point all over your site. When someone, and a site, makes a claim about something, it is generally expected that they follow through with said claim. Otherwise we in the business arena call this "false advertising." This is by far one of the worst things a business owner can do.

I want to add a public update for everyone on my experience as well.

The past 16 hours have gone pretty good with whatever is up right now. It appears to have had a few short drops but that is likely due to pool issues or something (they were pretty small drops and were not 0 hash rates, just lower than normal). I am pretty satisfied with this time period and I hope it continues!

I am all about being transparent. When I have issues with a business, I bring them to light. Why? Because all too often people don't take the time to do this and others have no idea what they're going to experience. I have no problems with you as a person, just rather the claims that have been made then the lack of following through with all of those. The communication was the big thing; lapses for 36+ hours are never a good sign.

I am more than willing to do another review and update once things have been on track for a little while, and was already planning to do this. I was hoping that my first review would have gone a lot better, but it is what it is.

My goal with all of this has not and will not be to hurt you or your business; it is to give others a run-down of my own experience so that they understand what they are possibly getting into.

With that said, I'm off to draft up this email and send it off!

It's fine as long as you don't run them at the same time (well, some say not to run at the same time, others say it's fine... but I'd be safe).

You don't need to export your key though. Go to c:/users/[username]/appdata/roaming/devcoin/wallet.dat and just back up that file.

Bump!

Bump, . If there are any questions, feel free to ask!

Thanks for the heads-up about that! I wasn't even aware of the promotion, :p.

Update: he finally got back to me. I normally would not enclose an entire email like this but I think it's important for transparency, and it also shows what my issue is here:

====START====
I am so burnt..   I have your 2nd rig up...should be seeing it..but I am still having issues with more than 2 gpus running. Not sure wtf is going on. I need to unplug..I am making mistakes..and its not good. I have lost a couple of powered 1x to 16x riser cables...or the whole batch was bad..I cant tell.....bah,...im rambling.


I am working on your 2nd rig. the first rig keeps throwing that one gpu so i need to look at that as well. 2 power supplies, 2 motherboards and a dozen cables risers all gone bad since the weekend. Add the heat wave and I am telling you I am at the end of my rope.   I am doing the best I can. I am taking tommorrow off(the 4th) so what ever I get done tonight is going to be it till friday.

Please be patient...heh..more patient that you already have(appreciate that).

====END====

I'd also like to throw up some notes of my own. I am literally losing money every single day this isn't dealt with, and I am about to lose yet another day. The two rigs (running $5300 and supposed to be hashing at 6 MH/s total since last Wednesday as per our pre-purchase agreement) have earned less since last Wednesday than my single $400 rig that only hashes at 560 KH/s.

When I first started looking into doing this, I was also given different information than later on. For example:

"At 15% I can cover my overhead and still make a few percentage points in actual profit. This price is final and will not change for gpu hosting."

When I was told this had changed to 20%, I brought it up and got this response:

"dam...I lied I guess. I was crazy to even think of offering it at 10% and 15% seemed like a reasonable step. I decided that with the 24/7 monitoring and the remote access more than makes up for the rate hike to 20%. It is still way cheaper than most can host for themselves.

This price is final..I promise. It will be in the contract."

I am LOVING this 24/7 monitoring. It is doing so well that two days have been taken off working on the problem now and my issues still aren't resolved. Along with this, the total effect in 8 days now of two rigs capable of "3 MH/s+" each has been worth less than my single 560 KH/s rig. Not to mention at least with my local one, if something happens I can actually deal with the problem instead of claiming I give "24/7 monitoring" when that is completely false.

At this point our original agreement has already been defaulted on, he has fed incorrect information to me multiple times, and if I continue waiting this out I am getting screwed over in the deal. I am seriously debating just calling this off and either requesting a refund or disputing it. This is beyond ridiculous and I am losing my patience with this.

At this point I would not even continue with our original agreement. We would definitely have to make some amends to take up for the lost time and such that has been caused by all of this, as well as the lack of faith I now have in his business and the lost funds and the seriously delayed ROI that has occurred as a result of this stuff.

As a business owner myself, I never would have even considered putting one of my customers through what he has put me through. That is horrible business.

Update: just sent off another contact attempt to Zif, as he has still yet to get back to me, one rig appears to be online now partially (it goes up and down throughout the day) and the other has still yet to be seen. I'll let you guys know where this contact leads...

The website is down for me right now too, . It's being served by Cloudflare's cache though.

It's going to go nowhere unless law enforcement can look into where the owner of the site is from. Without that information, it is impossible to give any advice. Each country is different and each state is different. Sometimes it even varies from city to city within the same state. So until we know where the person we're dealing with is from, there is really nowhere *to* go.

Oh, thanks, but you don't have to do that, :p. To be honest the rotator is more of a learning experience than anything (I had to learn a lot of new methods on how to do things in order to get it up and running). I plan to expand on it "soon" as well. First I need to finish up with a couple of my other projects that I've been neglecting for a while, .

And the Ranlo Foundation collects DevCoins!

If your day goes well enough you can donate DVC to the Ranlo Foundation. I heard if you donate at least a million the monkey in my avatar dances! Could just be a rumor though...