Yay! Crash! Such cheap DOGE!
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Exchange down due to unknown reasons. We will be up as soon as a person wakes up in Norway.
Thanks for the heads up.
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If you need bounties and such to bribe people to pretend to support your coin you are doing it wrong in the first place.
make a truly good currency and people will spring up all around starting services of all kinds, accepting it in their shops and so on and so on.
Scamming the idiots who fall for the premine/instamine scams to bribe people who don't want to support your garbage but like a quick buck will just get you people firing up something momentarily to get the bounty, which they dump thus driving down the value (as if it had any in the first place) of your crapcoin and shutting that down to make space for a new bounty-earning fly by night thing to grab the next garbagecoin's pre-mined bounty and so on.
Folks will just make a business of changing what coin they are an explorer or whatever of day to day as fast as new garbage premined crap comes along and dumping the crap as fast as possible hoping the pennies they get from dumping it will cover the few minutes it takes then to change the name of their service from shitcoin whatever to crapcoin whatever.
So basically you just become more fodder feeding more scammers. How many of these peices of crap you planing to churn out per day?
-MarkM-
True. But how many coins that come out actually have any real value? They're all pretty much just Litecoin clones with absolutely nothing to offer in terms of technological innovation. For all the shitcoins put out there, there's so much noise that in order for one shitcoin to get more attention than another shitcoin, there has to be some kind of bribery going on. What was the last coin to come out with any kind of useful technological innovation that is actually useful? Damned if I know.
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PLEASE! Buy me a drink~! AJqzvPEedZbWDoRxTDPSc7voktQmfbX3Zb Thanks!
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So you're a dev without massive mining equipment and have zero premine... Congrats. Your coin dies because you can't afford to promote it or to pay bounties for explorers or pools or anything.
There's no way to get around a premine sanely unless you have some very good backing.
Releasing a serious coin isn't free. You have designers, coders, and other people that need to put food on the table, and unless there's some kind of incentive, why should they do anything?
I'm not sure what a decent premine number is, but I think transparency is the key. e.g. Here's a hypothetical example that's a bit extreme, but still within the realms of sanity:
Premine: 7.5%
Faucets & Giveaways: 4.5% 0.5% funded to faucets & giveaways per month for 9 months
Bounties: 2% 0.25% for short term bounties, e.g. pools, clients, design, forums, etc. 0.25% for mid term bounties, e.g. Android wallet, advertising, promotions, etc. 1.5% for long term bounties, advertising, promotion, foundation funding, possible hardware funding, etc.
Dev Team: 1% 1% paid to dev team over time, e.g. 1 year. (Creates problems for year 2, but by then hopefully the coin will be successful, and the foundation can hire the dev team, etc.)
With a large amount given out to the community at large, but spread over time, it would keep people coming in and adopting the coin. But what a proper balance is... Tricky.
Still... I think transparency is the key.
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Been trading over the last few days. Really liking it a lot! Trades are fast. The orderbook isn't always screwed up like at Cryptsy. It's just smooooth. Here's my wishlist: - Deposit/withdrawl history
- Charts (I see that on the site TODO list)
- Some advanced trading options, e.g. valid until <condition> (time, price rises/falls, etc.)
But it's really looking very good. Been quite happy with trading there so far.
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FYI - I'll go first. (First time selling here...)
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I'm selling Stalwartbucks [SBX] in lots of 100,000 @ 50 satoshis (BTC) each for any of these currencies (my top currency choices in no particular order): Dogecoin Earthcoin Mooncoin Litecoin Peercoin Namecoin Primecoin Lottocoin Digibytes If you have another coin that is listed on an exchange or want less than 100,000, PM me an offer. http://stalwartbucks.com/
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Good and bad things about Cryptsy. A friend of mine won't even say the name, he hates Cryptsy that much.
But the orderbook displays really need to get fixed. Is it 220 or 210? God only knows what the price is. Big problem.
Orders not going through... repeatedly.
But, most of Cryptsy I do like. I like the 1-stop shopping with so many coins.
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PotCoin vs DopeCoin..Who will win?? FIGHT TO THE DEATH!
More like fight off the munchies!
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I really love Namecoin, and have high hopes for it, but I voted Dogecoin because it's just so damn cute and fun. It's my fav. Too much fun!
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They really suck at letting people know what's going on. There are so many things I love about Cryptsy, and then so many things I hate... I feel like I have MPD.
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I'm looking at the markets, and now DOGE/BTC is GONE!
WTF?
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I have 2 computers and 2 GPUs. On both computers they will not POST after hooking up a GPU (5870 and 7970).
Has anyone ever seen this before? I haven't, and I'm at a loss as to what to do.
Everything is hooked up fine. Power, well seated GPU, etc.
All other components are in perfect working order.
The GPU fans go on, but computer won't POST and won't boot.
Any ideas?
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One thing that people are forgetting is how many new technologies, products, and services come out for Bitcoin. They make Bitcoin more attractive, draw in new users, and also accelerate the velocity of money. They are key drivers for Bitcoin.
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Volume is key for trading - I'm guessing Cryptsy has more, but I could be wrong.
Depends. I know guys that trade on low volume exchanges and rake in the crypto. They use different strategies for low volume, and it works for them. Higher volume is what most people plan for, so, it's kind of a self-fulfilling prophesy there.
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I hate you because everyone else hates you. Send me some DGB and I'll like you! DDE2i9WXVAoXeft7prBAJWp3n4QXnSpU5r The more you send, the more I like you!
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Sent!
FkRcYBv8EaGeBG6h2NhD7nzmr6M7r4u6Xk
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