I'm looking for someone to sell me 2 Bytecoin for 2 Terracoin; you send first.

I removed mine when I heard they were shutting down.

Cryptonit is still open, but they haven't had much volume lately.

I would decline services from someone with 37 posts, too.  In fact, I'd probably decline services from myself, just based on my forum postings alone.  Do you have some kind of credentials in this field?

Man, withdrawing my money from your exchange is one of the saddest things I've done in a long time!

Same here!

Earnest agreement!  Thank you for your contribution, and I wish you and your coin's users the best.

(And even though I have coin preferences, I hope nobody ever reads what I say as trashing other coins or their users.)

I think I see what you did there.

No, "greed" is not the reason the world is in the mess it is in today.  The world is in this mess because of coercion.  "Greed" is just a disrespectful label to apply to people seeking their own good.  There is nothing wrong with people seeking their own good.  It is human nature that human wants are unlimited, and it is also the nature of things that pursuing the satisfaction of our wants causes us to benefit each other in the process.  The problem for the world comes in when people seek their own good using coercion, i.e., seeking their own good at the expense of others.  If I make $100 selling you something that you value at $120, then both of us have benefited from me pursuing my own good and you pursuing your own good, and it doesn't matter if my motivation was "greed" or not.  But if I simply take $100 from you, then you have obviously been harmed, and in the long-term I lose out on many profitable exchanges the two of us could have had in the future.

There was nothing inherently "greedy" about Satoshi starting Bitcoin.  I hope he profited from it.  Whether he did or not, he benefited us all.  The other blockchains may potentially benefit people, regardless of the creators' motivations.


I don't see how to make a mint off a new coin.  Nobody can guarantee the success of a new coin.  I've made peanuts off of Terracoin, but I keep investing it because I hope it will benefit me down the road.  I am taking a risk: Terracoin may fizzle out.  I am taking the same kind of risk that early Bitcoin adopters took, and the same risk any new altchain developers/investors are taking.


Who is on the "receiving end"?  I don't understand your terminology.  Are people who mine a new altchain on the "receiving end"?  People who buy the new coin?  If so, then if the creators mine or buy the new coin, does that mean they are on the receiving end of a scam, too?

I suggest giving it about 188 weeks.

http://bitcoinclock.com/
Reward-Drop ETA: 2016-11-16 09:30:16 UTC (188 weeks, 5 days, 19 hours, 30 minutes)

Exactly!

I'm in a similar position and would also not launch a new altcoin at this point.  I have been digging in the code to try to figure out how, but my momentum slowed down when I realized how similar TRC was to BTC.  Now that Bytecoin has launched, I would not launch a new coin until the next Bitcoin halving.  Bytecoin is exactly the coin I was wanting to launch three months ago.

Unwittingly, or intentionally?


I've been saying for awhile that this should be done.  One reason I've got behind Terracoin so firmly is that it is so similar to Bitcoin.  Until Bytecoin, Terracoin fit the "alternative blockchain" role the best.

I think a new blockchain started at every reward halving would be ideal.  This potentially solves a lot of problems, including scalability and divisibility.  The best answer to "how do you subdivide a Satoshi?" may very well be "Exchange it for coins on a newer blockchain."

Where's the announcement?

You've really only got two ways to get fiat out of Vircurex: VouchX, or coupon codes.

You can sell Vircurex coupon codes to anyone who will buy from you.  I don't know any businesses that will buy them yet.  If I had a little more fiat lying around today I might be interested, but I just bought something else.

For your other option, VouchX, you can sell through AurumXChange or bitinstant.com.  You can take a look at bitinstant's payout methods and see if one of them suits your needs.  VouchX can also be deposited at several other exchanges.

Alternatively, you can delay fiat altogether: buy BTC and transfer BTC out of Vircurex to somewhere else like, say coinbase, where you can sell BTC for a deposit into your checking account.  Or you could buy BTC on Vircurex and turn around and resell to fastcash4bitcoins.com.

In that case, I'm offended:

https://data.mtgox.com/api/2/TRCUSD/money/ticker

Yes.  All time daily high volume.

http://www.cryptocoincharts.info/period-charts.php?period=ytd&resolution=day&pair=trc-btc&market=vircurex

Not seeing any comparable volume on the other exchanges, but the price is rising there, too.

I bought a little extra TRC this morning.

The attack can be defended against, for the same cost.

Anyone got a faucet up, yet?  I'd love to have somebody send me 1.0 BTE to 8X63EvPPwWncF4D6UobYLMiNVkG1J6ZdXr

No, the point of a currency is to be a good strong secure transferable currency, not to be easily minable.

"Resilient against ASIC" means less secure, not more secure.