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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: CoinMarket.io | New, self-moderated support and news thread. on: April 09, 2014, 02:27:08 AM
lol
If you think the scammer/schoolkid that was running this site can afford to replace your coins out of his pocket money then I have 3 million trollcoins to sell lol.

Just watch out for the next scam site they try and setup with the same format but under a different URL, there has been at least 1 so far.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][EXCHANGE] CryptoEX.cc - new coins every day. on: March 13, 2014, 09:03:03 AM

God these kids really think we are stupid, feck you coinmarket, cryptoex or what ever you want to call yourself, you are done and are being hunted down ( not by me as i am a man of peace ) by people who will, I expect do more than shake you warmly by the throat.

I hope they find you and introduce you to the learning curve of actions = consequences

try and open another site and you will have the same feedback because we know your M.O.

Bad coding and beta bullshit as though you are going to get a free pass when you screw the next round of hard working miners and investors.

YOU ARE DONE IN THIS GAME

3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: CoinMarket.io | New, self-moderated support and news thread. on: March 06, 2014, 01:33:39 PM
CoinMarket.io ‏@CoinMarketio
We are working on patching coindaemons to stop them from using too many small inputs. New engine OK. More details coming to the forum thread

At this stage I would prefer you give people their coins back and throw in the towel lads at coinmarket, if you gave free bj's i wouldn't use you again as your barely capable of providing updates so why the hell should I trust you to run a valid exchange
 
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: CoinMarket.io | New, self-moderated support and news thread. on: March 06, 2014, 01:24:07 PM
Watching blockchain . Btc is being stolen. It was scam. Rather trade bte - e or cryptsy or coins - e . Don't trust any new exchange

Mt Gox wasn't new and it certainly didn't do well either.  I guess we have fundamental questions to ask.  How do we know our coins won't simply be taken when we transfer them anywhere for any type of transaction and I believe the answer is we don't know and probably can't know and to me that is quite a problem.


I am sorry to say this but gox and other exchanges are going to kill off what Cryptos was all about and regulation will come in fast, governments will have a excuse to do it now. At the same
time I feel this is teaching people a valuable lesson that banks and fiat is not a bad thing.

Sorry to say this, I am new to the crypto scene but I am out now. Cashing back into fiat as this is like the wild west.

Good luck to virtual currencies but I am out of this scamfest , humans can't be trusted and this is why we have regulation.

When bitcoin was started, it wasn't about deregulation. It was about decentralization. And it remains decentralized. Regulation is going to happen. Especially on exchanges that also deal with fiat currency. In fact, several US based exchanges are already dealing with regulation and complying with it. You can expect Bitcoin to remain decentralized. You cannot expect any sort of currency to be allowed to be used to buy drugs, guns, hitmen, etc., or avoid taxation or traceability, without the government getting involved. Regulation is a good thing for honest folks. It is only bad for criminals and tax evaders. Decentralization is good for everyone, though, and that will continue.

For sure drugs and guns shouldn't be sold by anyone other than the millitary industrial complex and the CIA

They have really made the world a safe place

(snigger)
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: CoinMarket.io | New, self-moderated support and news thread. on: March 05, 2014, 11:39:39 PM
Lutz at people crying to get the cops involved. Goes agenst what cryptos are to be all about. You can not handle a possible loss this crap is really not for you. I have lost coins on few exchanges, I get upset, then shrug my shoulders and move on. Then again I understand the risks involved, shit happens.

Let me ask you guys this, if it does come back online and you guys get your stuff back, will you take back every word about it being a scam? I doubt it.

Kinda glad this crap happens in a way, weeds out the morons that should not be involved in cryptos anyways.

You should never keep anything in an exchange, just like a pool. If your day trading ... well take your shit out every day. Put it back in when you are ready to trade again.

Sorry for the harsh words, but really, this crap needs to stop. People like some will in fact be the downfall of cryptos. Once you get idiot governments involved, they over regulate every damn time.

+1

You have more than one good point there buddy, I guess its a matter of perspective and perception.
6  Economy / Exchanges / Re: C-CEX.com - CryptoCurrency EXchange (USD/BTC and many forks) on: March 04, 2014, 08:37:06 PM
Coinmarket, Poloniex, C-CEX  sounds like a systematic attack on crypto

Bummer
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: CoinMarket.io | New, self-moderated support and news thread. on: March 04, 2014, 07:14:14 PM
People that are posting the WHOIS info.  How f..kin dumb are you?  Are you begging the owners of coinmarket to get pissed and do something unnecessary?  You dumb shits are putting all our money at risk by posting things like that online. 

Do you think you are smart and the only person who can do that?  What do you gain by posting that?  Morons.

+1 coinmarket might not be great at PR but that is no reason to put them at serious risk of harm because of a wobbly lip

8  Economy / Service Discussion / Re: BTC Stolen from Poloniex on: March 04, 2014, 02:17:40 PM
Make these debt instruments trade able, issue them with an annual coupon of 30%, and the market would bid them up to likely 15% or 10%. 

Victims here would turn into investors, who would likely see an instant PROFIT.

This would also give you a means to issue more debt, after you know your cost of capital (that the market is willing to lend to you at) and allow you to invest in security/marketing/etc.

(To understand how this is likely the guaranteed outcome, one would need to understand how bonds move inverse to interest rates.)

What part of the negociable instrument fraud did you not understand when it was used to destroy global economies back in 08 ?

getting sick of listening to this mindless shit

If you don't have coins you shouldn't be able to trade on promissory notes
If an exchange gets hacked THEY should be replacing it from fee's acrued from transactions, if no rainy day fund is set aside then use a different exchange. I certainly don't need more fee's and more complications being tossed into the crypto movement so a bunch of useless middle class twats can skim off the top and hobble our ability to find fiscal freedom while not actually providing value.

I am done here and with this bullshit
9  Economy / Service Discussion / Re: BTC Stolen from Poloniex on: March 04, 2014, 01:34:07 PM
Kudos for being transparent about the problems with your exchange. I know that some people doubted you at first when the XCP was stolen, but that turned out to not be your fault. Now when it actually is the fault of your exchange you are immediately holding your hand up. That takes courage and shows your integrity!  Smiley

I agree with all the previous posters here who have suggested that you sell some shares of your exchange instead of dramatically raising the fees across the board.

I know that a lot of people don't like https://cryptostocks.com/ but I think that has more to do with the projects/companies that are listed there than the actual exchange itself. It would be an easy and quick way to raise the money needed to re-pay what was stolen, and your users wouldn't be forced to take a loss.

Raising the fees to 1,5% is only going to hurt the exchange IMO, even if it's temporary. Perhaps you could increase them 50% from the current level, but increasing them to 1,5% is really a lot!

I have another suggestion.

It's kind of depending on if you follow through with the idea of doing an IPO or not, but I think it's something worth considering if you do.

How about raising enough money to create an "insurance fund" that will be available for those users who are willing to accept a slightly higher trading fee than uninsured users?

You would keep this fund in cold storage and it would be completely transparent on the blockchain for everyone to verify. It would only be used to reimburse those accounts that had paid the higher trading fee in case of another hack of the exchange. By making it voluntary it doesn't hurt anyone who doesn't want to pay the extra fee, and as the income from the insurance premiums increase so will the level of insurance. This will make Poloniex the first exchange where user funds are insured. Perhaps you could even make the funds on that cold storage account multisignature with 2 trusted members from the community, that way anyone who doubts your integrity will feel a lot safer as well...

I know that I would certainly be willing to pay a slightly higher fee to sleep a little better knowing that even if you are hacked again at least I will get reimbursed, and I'm sure there are a lot of sad MtGox users who feel the same way.

I'm embarrassed to admit that the second I saw something about Poloniex being hacked I immediately attempted a withdrawal of my BTC from there. Roll Eyes They are now "stuck in limbo" but I assume that they will show back up again once you have reversed the attempted transactions?


This is a truly great idea. I could only offer one expansion. Rather than making it internal, perhaps a group of us could put together an insurance package and market it to exchanges and such. Then it's completely third party, eliminating one layer of trust.

the shills are rife today else i am in the land of mindless fckwits

Next you will be suggesting derivatives on the insurance losses ffs

I ain't no fuckin' shill. The closest I come is my sig, and I do business with those people.

Insurance is not a scam. REGULATED insurance IS. I'm getting old, so I remember when it wasn't regulated on automobile insurance. As soon as they bought some senators to "save money for responsible people" the rates rose over 5 times.

But insurance in and of itself is a good idea. It mitigates risk, and in so doing promotes trade. An exchange that had deposit insurance from a reputable and transparent insurance agency would attract more business than one that don't.

If such instruments do not appear in the crypto world, it will have its growth stunted. If we want mainstream adoption, then there are things like insurance houses and loan companies that will have to exist.

What I don't want to see is such entities being regulated by governments, because that will kill the coin in short order. You'll have taxes and regulations and oversight and ad nauseam. But a few insurance pools? That's a whole 'nother animal. So long as the insurance is voluntary, either paid by the exchange holder or the individual investor, then it's not only not a problem, it should encourage trade. Yes, there is some moral hazard there, but we need some risk takers to build the economy. As big as it's gotten, bitcoin is still small potatoes compared to most fiat currencies. We can build on the good models and ditch the bad ones. Some things are inherent to markets, and risk mitigation is one of them. Given the public ledger, it's unlikely that an insurance agent could take the bag and run. Any such company would have to identify themselves to the public, or only fools would pay. This would garner a level of accountability and trust that's sorely needed in the public exchanges.

I take it back bud, but when I see those promoting mechanisms that smack of fractional reserve abuse I get a bit hot under the collar.

IF an exchange is serious they will make sure there is a rain day fund to cover this sort of thing, they could even use it as a promotional positive aspect and list the insurance fund in an open manner but should there be situation of two tier trading where some given a leg up because of circumstance ( ie existing wealth in fiat ) while others actually have to mine for value then I would not be recommending that and would not like to see it be implemented.

All central banks run a policy of issuing debt not credit and they are subject to terminal failure by design, if you charge someone to print notes for them, where does the value come from to pay the debt if you need to pay fee's to access the paper to pay it off. We are better off thinking up new mechanisms that enable us to retain control of what we have worked for than to just change the symbol in front of the digits and its business usual.

http://perfecteconomy.com/wp/

How it could be applied to crypto is anyones guess but here is a better way than fractional reserve, I know Mike personally and although his people skills could do with a polish the concept is sound.

We need less lawyers, tax collectors, accountants, solicitors, notaries ect and a hell of a lot more trust and respect for each other else whats the point ?

 
10  Economy / Service Discussion / Re: BTC Stolen from Poloniex on: March 04, 2014, 01:02:21 PM
Kudos for being transparent about the problems with your exchange. I know that some people doubted you at first when the XCP was stolen, but that turned out to not be your fault. Now when it actually is the fault of your exchange you are immediately holding your hand up. That takes courage and shows your integrity!  Smiley

I agree with all the previous posters here who have suggested that you sell some shares of your exchange instead of dramatically raising the fees across the board.

I know that a lot of people don't like https://cryptostocks.com/ but I think that has more to do with the projects/companies that are listed there than the actual exchange itself. It would be an easy and quick way to raise the money needed to re-pay what was stolen, and your users wouldn't be forced to take a loss.

Raising the fees to 1,5% is only going to hurt the exchange IMO, even if it's temporary. Perhaps you could increase them 50% from the current level, but increasing them to 1,5% is really a lot!

I have another suggestion.

It's kind of depending on if you follow through with the idea of doing an IPO or not, but I think it's something worth considering if you do.

How about raising enough money to create an "insurance fund" that will be available for those users who are willing to accept a slightly higher trading fee than uninsured users?

You would keep this fund in cold storage and it would be completely transparent on the blockchain for everyone to verify. It would only be used to reimburse those accounts that had paid the higher trading fee in case of another hack of the exchange. By making it voluntary it doesn't hurt anyone who doesn't want to pay the extra fee, and as the income from the insurance premiums increase so will the level of insurance. This will make Poloniex the first exchange where user funds are insured. Perhaps you could even make the funds on that cold storage account multisignature with 2 trusted members from the community, that way anyone who doubts your integrity will feel a lot safer as well...

I know that I would certainly be willing to pay a slightly higher fee to sleep a little better knowing that even if you are hacked again at least I will get reimbursed, and I'm sure there are a lot of sad MtGox users who feel the same way.

I'm embarrassed to admit that the second I saw something about Poloniex being hacked I immediately attempted a withdrawal of my BTC from there. Roll Eyes They are now "stuck in limbo" but I assume that they will show back up again once you have reversed the attempted transactions?


This is a truly great idea. I could only offer one expansion. Rather than making it internal, perhaps a group of us could put together an insurance package and market it to exchanges and such. Then it's completely third party, eliminating one layer of trust.

the shills are rife today else i am in the land of mindless fckwits

Next you will be suggesting derivatives on the insurance losses ffs
11  Economy / Service Discussion / Re: BTC Stolen from Poloniex on: March 04, 2014, 12:47:54 PM
Kudos for being transparent about the problems with your exchange. I know that some people doubted you at first when the XCP was stolen, but that turned out to not be your fault. Now when it actually is the fault of your exchange you are immediately holding your hand up. That takes courage and shows your integrity!  Smiley

I agree with all the previous posters here who have suggested that you sell some shares of your exchange instead of dramatically raising the fees across the board.

I know that a lot of people don't like https://cryptostocks.com/ but I think that has more to do with the projects/companies that are listed there than the actual exchange itself. It would be an easy and quick way to raise the money needed to re-pay what was stolen, and your users wouldn't be forced to take a loss.

Raising the fees to 1,5% is only going to hurt the exchange IMO, even if it's temporary. Perhaps you could increase them 50% from the current level, but increasing them to 1,5% is really a lot!

I have another suggestion.

It's kind of depending on if you follow through with the idea of doing an IPO or not, but I think it's something worth considering if you do.

How about raising enough money to create an "insurance fund" that will be available for those users who are willing to accept a slightly higher trading fee than uninsured users?

You would keep this fund in cold storage and it would be completely transparent on the blockchain for everyone to verify. It would only be used to reimburse those accounts that had paid the higher trading fee in case of another hack of the exchange. By making it voluntary it doesn't hurt anyone who doesn't want to pay the extra fee, and as the income from the insurance premiums increase so will the level of insurance. This will make Poloniex the first exchange where user funds are insured. Perhaps you could even make the funds on that cold storage account multisignature with 2 trusted members from the community, that way anyone who doubts your integrity will feel a lot safer as well...

I know that I would certainly be willing to pay a slightly higher fee to sleep a little better knowing that even if you are hacked again at least I will get reimbursed, and I'm sure there are a lot of sad MtGox users who feel the same way.

I'm embarrassed to admit that the second I saw something about Poloniex being hacked I immediately attempted a withdrawal of my BTC from there. Roll Eyes They are now "stuck in limbo" but I assume that they will show back up again once you have reversed the attempted transactions?


First its an insurance fund, then its a policy, then civil servants start stepping in and the whole thing is banjaxed and we are back were we started from without even benefits of paper fiat.We need to find better ways and the fee's charged should be sufficient to conver this sort of thing if the exchange owners were serious about running a decent exchange.                            


What you are proposing is a two tier elite trading system and insurance is one of the biggest scams out there, nearly as dodgy as pension funds. I personally would NOT like to see what you are suggesting become commonplace, it smacks of NWO philosophy and we don't need that shit here.

Are you a shill or just dumb enough to make the same mistakes in a new format of perceived value.
12  Economy / Service Discussion / Re: BTC Stolen from Poloniex on: March 04, 2014, 12:37:40 PM
Well this is a shitty thing to wake up to.

throw up a donations address

@Warren interesting idea about the insurance fund... make it like bitfinex but actually work!

How about those who have lost some bitcoin and are waiting to have it recovered and returned get to mine for free untill the balance is restored, each trade would chip a little off the owed balance. That would go be an honourable damage limitation exercise, those who are not effected by the hack or had no BTC at the time, they continue trading and the fee's they pay will go towards keeping the exchanges head above water. Its less money for the exchange in the short term but its meeting somewhere in the middle of taking deposits and addressing the imbalance of stolen BTC.

We should all share the risk of a new adventure and not put too many straws on the camels back else it might break.
13  Economy / Service Discussion / Re: BTC Stolen from Poloniex on: March 04, 2014, 12:24:41 PM
If coinmarket is suffering from similar issues but is really bad at PR then its all good lads, both markets have shown promise and i would, despite my previous rants like to see both move forwards better and stronger.

In the meantime perhaps the group known as annonymous would consider digging out those trying to destroy the credibility of the coin exchanges and have a quiet word in their shell like and maybe empty thier wallets to enable those without food on the table to get by a bit better where therse are no opportunities such as we have here.

If annonymous is truly the internet version of the A team and you can find them and hire them i would really like to see a plan come together, I am just a little man and this shit is way above my head.

+1 to Poloniex for biting the bullet and being straight up with us

I don't see how they are being straight up. Where are our deposits.

You mean you attempted to send coins to a paused trading engine without realising the site was down bud ? In the first description of the problem there was a suggestion that pending transactions would be reset for the resumption of trading.

If you had stuff on deposit then you will have to wait because the engine was shut down to an exploit, its inconvinient but I am not doubting the sincerity of the people running the two exchanges, I hope they just don't say fuckit and throw the towel in as it would be a mutual loss.
14  Economy / Service Discussion / Re: BTC Stolen from Poloniex on: March 04, 2014, 12:16:41 PM
If coinmarket is suffering from similar issues but is really bad at PR then its all good lads, both markets have shown promise and i would, despite my previous rants like to see both move forwards better and stronger.

In the meantime perhaps the group known as annonymous would consider digging out those trying to destroy the credibility of the coin exchanges and have a quiet word in their shell like and maybe empty thier wallets to enable those without food on the table to get by a bit better where there are no opportunities such as we have here.

If annonymous is truly the internet version of the A team and you can find them and hire them i would really like to see a plan come together, I am just a little man and this shit is way above my head.

+1 to Poloniex for biting the bullet and being straight up with us
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: CoinMarket.io | New, self-moderated support and news thread. on: March 04, 2014, 12:06:11 PM
I have had my bitch and moan with the best of them over the last week but after the events of this morning it looks like some of the exchanges have been systematically attacked

If i set aside the wobbly lip for a moment from the complete contempt shown by coinmarket to the people funding their operation, it would occur to me that both poliniex and coinmarket are suffering a similar issue, instead of bitching about coins in limbo how about using the insantaneous communications tools we have to dig the scumbags that are trying to trash our movement by breeding fear and panic.

It had to happen sooner or later that someone somewhere would attempt to exploit these unregulated markets, I would seriously consider any involvement by government agencies to "protect us" to be a step back.

If you hear news reports about alt coin miners screaming for regulation on the back of losses from MT-GOX then you can be pretty sure who caused it in the first place.

The clock is ticking coinmarket and your credibility is lower than a sausage dogs knackers but it doesn't have to be that way, I think you are genuine just really really bad at public relations. If we can support you in resolving this then just say the word.

This forum can be used for seeking solutions or just as a whine fest for those who have probably screwed many others with pump and dumps anyway and are now sulking because they can't cash out and do it somewhere else lol.

Negritaman
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: CoinMarket.io | New, self-moderated support and news thread. on: March 03, 2014, 10:31:43 PM
I have the responsibility and burden of running a company with more than a few employees and a significant number of clients. This behavior would be unacceptable to all of our clients. CoinMarket has proven to be incompetent and unable to deliver on their own timeframes several times now.

Whether it was incompetence, premature delivery (don't talk to me about beta like a retarded child), or a lack of care on the business end, it's immaterial. They've failed.. regaining consumer/client confidence would be a struggle at this point. The majority of remaining support would not be coming from people who have significant experience in business and pride themselves on their ethically responsibilities.

They have failed to keep the community informed on their progress and should have lost the trust of everyone who has been willing to wait this long with over a week of continuous instability.
+1
Thank you for injecting a little sanity into the debate

17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: CoinMarket.io | New, self-moderated support and news thread. on: March 02, 2014, 08:41:05 AM
Fuck this site is another MtGox once it gets online am gonna withdraw all my coins if even does come back online i lost a lot of money coz this sick ass site, and never come back that how MtGox stared ...
Tf you complaining about.
The site has offered new altcoins great service.

People complaining for using a BETA version of a site smh.
''This is a untested beta version of the exchange - use it at your own risk.

Updating & testing trading engine. Markets paused.''

Are you fecking retarded ?
Boycott coinmarket untill they grow up a little and start earning the fee's they are charging for "Beta", the damage those little pricks have done the crypto movement we certainly don't need but I guess they don't give a toss as long as idiots keep giving them fee's for the abdication of any responsibility.

I will stick to using an exchange for grown ups

GFY coinmarket, your playtime damages us all
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: CoinMarket.io | New, self-moderated support and news thread. on: March 01, 2014, 02:36:57 AM
Nicely done. ..and his comeback was weak.

So sad after such a passive aggressive display....

??Passive/Aggressive?? Because I thought it was funny he did a whois? And didn't find it impressive that he could find information about me I have never hidden?

Are you thinking I have something to do with this Exchange other than stating my experience with them?

I made the mistake of incorrectly pointing a finger at an exchange when I first got here.

Maybe you could research that? You will also not I was Man enough to admit I was wrong.

BTW show me where It has been proven this exchange is anything other than on a roadbump? I think the Pitchforks should stay in the barn ATM.


love the beard
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: CoinMarket.io | New, self-moderated support and news thread. on: March 01, 2014, 01:31:45 AM
Anyone from Oslo, Norway here who can pay them a visit ?
A police detective should be able to get P.O. Box owner details
...

OMG, you know how to whois!!!!!

Not guilty, I just quoted someone far above my station
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: CoinMarket.io | New, self-moderated support and news thread. on: February 28, 2014, 11:45:10 PM
Anyone from Oslo, Norway here who can pay them a visit ?
A police detective should be able to get P.O. Box owner details





Is Annete Enger the Norwegian equivalent to Anne Other, i have a dozen email accounts using that name.
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