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Yobit is not a Scam, it's just a terrible exchange with terrible customer support. Since I was doing arbitrage with them for over a year I had multiple instances of frozen transfers for months, including lost funds forever (one that I can remember is MUE) because of broken blockchains. They almost never respond to support and eventually I stopped operating in them just because for me it doesn't deserve the risk/reward. Yobit is certainly the best candidate to be the next Cryptsy.
You have been warned people, if you keep funds in Yobit you take a big risk, if the risk/reward works for you then go for it otherwise stop supporting this shitty exchange and stop nagging afterwards.
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Roughly, yes. There are some variances, you can check with a block explorer. on saturday 10, first block was #768647 (00:00:00) and last #769076 (23:53:05) so 429 blocks were mined. the average reward was ~20.4, something like 8750 new aeon were born on saturday  Thanks a lot, this give us a yearly inflation around 20% give or take, which may sound a lot but it's not if you compare it will many other "big" names. I will keep following AEON, volume shows that something good is happening here 
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So if my math are correct 20.40 AEON per block and we get a new block every 240 seconds. A day haves 86400 seconds so 360 blocks per day so 7344 AEON per day at the current reward? is that correct? 20.401047037057 exactly right now.
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Ok now it looks really bad, yesterday's volume was non existent, 3 BTC volume in one day seems impossible task at the moment. RIP VRM
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From the Vericoin bitcointalk page. It seems that indeed development is stagnant but the post is actually good news since it's better to have a new dev than to have no development at all. As some of you may know, I finished graduate school this past summer and have now been working pretty busy hours. Because of this, I can't devote the time I was once able to, and would like to, working on VRC/VRM. Because of my inability to commit large amounts of time to the project, I am willing to donate up to 75% of my VRC holdings to help fund another developer. My VRC holding is pretty large, in the hundreds of thousands of VRC. I will be happy to disclose more specifics to any interested parties after vetting. To make it clear, I am not leaving VRC/VRM and will not be stepping away as a developer. Instead, I will be donating my own hard-earned money to help keep VRC at the forefront of the sector. Instead of going down with the ship, hopefully I can help right it. Details: Send me an email if you are interested in this: pnosker@vericoin.infoThe public address that holds the funds will be released to a candidate of my choosing with payments dispensed as 10% of holdings per 3 months, starting with the first payment as a goodwill payment before work starts. There is no minimum time commitment but milestones will be set based upon our discussion. I would like a proposal about what features or elements of the VRC code you would like to add or improve upon. I would like to see some prior code relating to another cryptocurrency project. This would be a great way to earn a large chunk of cryptocurrency. Some projects we have planned and are working on that you may want to use in your proposal/help finish: -Doug's anonymous sends/public usernames system which relies on multisig generation (you'll have to ask him for more details) -Implementation of BIP32 hierarchical determination of keys into the main core VRC wallet -An independent mobile wallet that does not rely on a central server (ideally would use SPV technology) -Improvement of VRM core wallet mining speed
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Nearly every single coin is down ATM because of bitcoin bull rally, except for some rare quick pnd (but with very low volume), so VRM is just following the global alt trend. ETH is crashing, XMR and ETC are very low, LTC crashed, ZEC is crashing (also because the mining ramp-up just finished), DOGE is crashing... VRM maintaining itself would be extraordinary, but there's still no reason for it to do so.
Interesting fact is that bittrex daily volume this past few days is less than 1k BTC, which is very low for an exchange with a full dev team, and I don't know how they can survive with fees alone. They have ~200 BTC markets and today for example, only half of them had the minimum 0.5 BTC.
It's very strange for them to want and try to delist so many coins when we're clearly in a very alt bearish market. I mean, even VIA which recently had a major dev change is in danger of de-listing.
It's a shame they equal development quality with volume, especially for recent ones that could not prove themselves yet. In the case of a coin that everybody wants to hoard for staking, thus having very low exchange volume, it's just stupid.
One would suppose that the exchange is currently in a difficult financial situation, and they're trying to cut a lot of operation cost by halving their alt market count in a way that put pressure on devs/communities. But that may very well be a bad strategy, because if the only alts remaining are the high volume ones, those are probably also on poloniex, and why trade on bittrex if you can do it on poloniex with much higher volume.
Nevertheless if my calculations are correct we need around 3 BTC of volume in 2 days so I think we should all do some active trading now since for the moment we don't have anything better. I agree that Bittrex is not what it used to be and the more they keep this illogical practices the worst they will be, I wrote them in Slack that if you de-list 3 months old coins then how do they expect people to touch new assets when they will always have the risk of de-listing before even taking the time to accumulate, they are obviously in panic and trouble and me personally I will start avoiding Bittrex. Even if they actually de-list VRM, personally I don't sell, I never invest more than I can lose and the possibility to be added to Poloniex (let's not forget that the devs have good relationship with Polo and a good name in the crypto community) is making the potential risk/reward so huge that in my point of view it deserves it. People don't seem to understand that in order to gain you need to risk and it's better to risk a small % of your portfolio in very risky times (and look for up at 50 times your investment) than risk all of your BTC at a hot market or an ICO (looking to make a 10%). VRM in less than 20k is one of the biggest opportunities out there. Also the devs should be activated now, post something guys, say a word, many people deeply appreciate you but now everybody is waiting for a word.
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I haven't invest a single cent and I watched the videos just to decide if it haves trading value. My impression is that there is a lot of drama and since it's going to take so much time to show anything functional (if they even manage to solve their disagreements) price can go very down.
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I think the big mistake for this coin was to make it CPU only. This invites several non-wanted entity's such as botnets etc. Oh well, will still try and catch updates on this but so far it is not looking too good.
one day this coin will be dead with no demand. the VRM ICO was just hype to get people to buy VRC. now the devs control all the VRC and the network is centralized in their hands. VRM is just scrypt with changed parameters. 2014 coins tried this before and called it silly names like scrypt-n, scrypt-og, scrypt-jane. it's the same shit, just uses more memory. and VRM devs just called their bull shit scrypt². good joke. If only I had a dollar for every time that someone wrote any combination of the words "<put coin here> dead".
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YoBit is listing OPAL opal is getting delisted on poloniex so there will be no more exchanges for the coin
It may be listed on Cryptsy but having no exchange would be better at that point! LoL Too bad, I thought this coin would be viable since it is backed with a service.
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I like the idea behind this GAP but why it takes 15 minutes to open the wallet? everybody haves the same problem?
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To force the mindset change I have an idea that could be benefit (or not) to Magi : why not open a pool that only confirmed Magi member could join ? That could spread the hashes a bit more and if we have a total pool power bigger than big miners, their rewards would be decreased a lot and maybe they will give up.
That's the spirit for me.
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i made a vps miner for fun.. but i cannot understand why people mine this? i cannot get any profit from this: time to setup miner cost me more than it ever makes coins to me. vps cost more than magi makes. cpu uses more power than magi makes you?? explain me please?
pure botnet coin?
It can be easily be profitable. The problem is that the bigger the hashrate is the lower the block reward is. A lot of people don't understand this or simply don't care so they mine with a few thousand kh/s. They could earn more by diminishing their hashrate but they're not really clever so they don't  ! This needs a change of mindset. With Bitcoin it was the higher the hashrate the better the reward. With the coins launched after BTC it was almost always the same. This mindset change will take time! I am afraid that this mindset will never happen my friend, it's like saying that one day they will be piece in the world because everybody will live better! I think it would be more productive to discuss about the technical and non technical methods to force this kind of mindset, I am not an expert... just trying to open the discussion here. Making Magi go one step closer to the idea "a coin for all people" should be our daily target in my opinion.
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Congrats to everybody but especially to you Magic! your persistence was vital.
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The Magi Tour de France game Part 2! Whoever predicts the winner of the heavy ride at july 16 2015 from the Tour de France (Etappe 12) good and post the name here before 12:00 hours (on the day of the ride) wins 300 XMG. Only the first one with the right prediction will receive the price!   Alberto Contator, vamos Espanya!
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For twitter there is a price info account https://twitter.com/Magi_XMG_PriceIt will give the last prices for Magi from Bittrex and Poloniex. Special thanks to thdim for making this one. Thank you Magic! keep in mind that it´s still a beta version so if anybody is noticing any error please let me know. also I am planning to keep improving that over time with more complicated statistics.
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I am in great to have a second PoI!
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I would remove suprnova and maxminers from OP as official pools, hopefuly that way, new users will use smaller pools. Just sayin...
good comment. Only support those pools who limited their hashrates per user  Understand what you are saying. But Suprnova will always be there and with full respect for OCminer. This is just a period Magi has to go through. It shows that the unique Magi blockreward system is working as it should be. It's also unique in the world of digital currencies where we are all used to use max hashrate to mine more coins. Magi is showing that using less hashrate less power give better results. Thanks to our genius dev the mindset in Cryptoworld with the goal of becoming a decentralized currency for all people living everywhere is changing. This is one of the reasons Magi is the next generation digital currency. If Satoshi added this to btc from the start btc would have a much higher value at the moment. So as I said before this is a period Magi has to go through and will be much stronger afterwards. I also understand miners don't like to see others using high hashrates. Not everbody is ready to change the mindset yet. Give it some time! we will get there, we need a future where we will all mine just with our old smartphone if possible, the absolute minimal power consumption.
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I've noticed there aren't (with the exception of http://magi.steep.rocks/) any XMG faucets.. how come? How much work would it be to set up my own faucet? Are there any off-the-shelf solutions like those that exist for bitcoin and other cryptocoins? There are 3 actually, check the end of my article i have a list of them. http://thdim.istothesis.com/mining-your-first-coin/But your question is actually very interesting, i would like to know as well how someone can build a faucet in xmg and if there is a ready solution for that.
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I miss the first one so this makes me very happy! great news, go Magi! Awesome news for Magi (XMG)  I finally received the green light for a second Proof of Interest campaign.This one will start 01-08-2015 or 01-09-2015. Info about how to register and the rules will follow!
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Its really really sad to see the real projects in crypto are going under.. so matt whats going on? All we need is an other exchange and you need a payment system on your vaporside, is it so hard?.. i can make a giveaway but not on c-cex its pointless.. im ready to giveaway 50-100k, but we need a plan..
The only real payment gateways I have spoken to want up to 200BTC and the best deal was 4k for the gateway to be made, so its not a matter of to hard its a matter of excessive price tags, I have wasted a few BTC on a dev that didn't come up with anything that worked at all, so it seems its 200 BTC or crap that will not work. I have tried many other exchanges but they don't seem interested in anything with no support or volume, the only reason we are still on cex is I buy-in and out other wise Quit wouldn't be on that exchange either. Ifs its easy anyone can feel free to get Quit listed on any other exchange as 2 people trying is better than one, or people can just talk lots. In the last few weeks I have changed the OP and updated it, hard forked to get attention and change the POS, made new ANNs and tried with exchanges and it got no interest or support, so its not that I have quit Quit its just that around 5 people just a shit and that's not ever going to do much. Other things I have put up was giving away all the premine that I have and none seems interested in anything i put forward. The sites on ecigsarcade.com that handed to people have done nothing with them, as in the small amount of things to market each site like sign up a Fb and twitter to get sales haven't been done, people seem to want everything for free and even when its 98% done by someone else they do nothing with it? So what next that doesn't involve me wasting time and more money? I know i sound like a bitch but hay, that's how it is. I don't think crypto is ready for real stuff yet and the 1000% DPOS coins win every time with all the annon devs scamming 24/7, at the same time everyone will get ripped of by the devs and then rinse and repeat seems to be the way of crypto. Matt I am sorry Matt but i think you are looking it all wrong, you seem to know about traditional business but here we are talking about an online project based primary to community building skills ... and don't get me wrong but you have done many mistakes. First of all, you seem all to stuck on this gateway, like it's the magical solution to everything, come on guys wake up! this is a coin that is having not more than 1000 people worldwide that even know it's existence, you really believe that a gateway will make any difference? all the alt coins at the end of the day are still in the newbies stage and only in the long run some off them might get some kind of mass adoption. sorry if i am harsh, but reading such message, blaming and nagging like that, made me to say all the stuff that i wanted to say for the last weeks. You know what this coins needs at this point? people!!! people other than the miners that go into it at the first easy stage trying to make some money, you don't need any eshop or gateway at this point, you need many faucets to send small amounts to more people, you need people to install the client, to hold even a small amount and as a result to visit the thread... the rest will come on time. Stop looking so much in advance and in the big projects, focus on the smaller steps. Instead of contacting the big exchanges contact the top multi faucets and use their traffic for exposure, ask from the QUIT holders to help donating. Also you have to stop destroying the value of the coin, you know how it made me feel to see that for the translation of the tread the reward was 1000 QUIT and 2 weeks later you where spending 15.000 for the most tweets? You are right to feel tired that everybody is waiting everything from you, but it's wrong to say it, the coin at the moment that it's out there it's not practically yours anymore but you are the creator, this means that you have to inspire people, you have to talk positive, you have to make people getting involved under the belief that something good is happening. sorry again if i am harsh, you just seem to forget that "rome didn't build on a day", QUIT is a good idea, all the niche coins are good ideas, but they also need more time because it's more difficult to find people interested on the niche and their evolution is heavily influenced on the technological evolution of Bitcoin related businesses. that said i am going to try to start activating the community, i believe that the coin needs a re-branding, maybe i am not English native speaker but i am very fluent user of English and i don't have any idea what Dought means, if the coins is about to reach a more global audience it needs to have an as-easy-as-it-gets name, what you would say of a re-branding of the coin, named simply "Quit" (Quit Coin). Maybe the re-branding can be used as fresh start as well. What do you people say?
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