funny!!!
IPO scam
+1, create a new coin and sell for BTC, let investor buy? Ridiculous. Such investors must be very stupid, I can create as many coins as I want. Sell for BTC? a joke.
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good that we already have mining pools ready, will make my mining life easier... 9 hours to the launch, waiting.
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Dev, can u show us how much has been premined? thanks.
+1 It seems a secret. Some small amount of premine would be OK, but I'd avoid if anything above 1% for premine. Auroracoin opens a door for 50% premine, this space becomes insane...
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My wallet runs really slow and I think it's because I have 2400+ transactions.
Do you guys think I should make a new wallet and send my GRA to it? Think that might speed it up?
Yes I'd do that. My experiences with all the pos coins are that once the number of transaction > 1000, then the wallet can run very slow. I usually transfer the amount to new wallet, and then there will be no problem. Since many coins are generated by pos blocks, and these are small amount coins each time, you may need to transfer a few times to the new wallet. I think when generating tx out there's a limitation (again in all coins) that max 1024 tx input can be combined into a tx output. So that's why sometimes you see "transaction failed" message. If you see it, just try to transfer a smaller amount.
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I'm pretty sure Peercoin was first PoS coin. Mintcoin has the first distribution method of it's kind.
Yes Peercoin and then Novacoin are the ancestors of all pos coins.
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Normally I keep my mouth shut as I am too busy working on things to chime in on here, and I generally ignore the trolls, but for all of you that are concerned about the devs I do have a few things to say. I can contact the dev team at will, if needed, and speak with them on skype. I have their personal contact info, and can even show up at their doorsteps and invite myself in for coffee if I chose to do so, which I wouldn't of course, I don't have the time. I'm too busy creating things to be concerned with what they are doing on a daily basis, or how many coins they have. The dev team is security and privacy conscious and won't publicly post their contact details, and I don't blame them. They are real people and they are busy behind the scenes, and with their private lives. Their real job is to be the stewards of the source code, present a public face with getearthcoin.com, and help with the initial promotion of earthcoin. I think they have done a good job with most of this. If you don't like how they are handling things go to Cryptozark's uservoice site and make a suggestion, they do listen. There for about a week or two they were busy (mostly with Earthcoin projects) and weren't posting anything on here. I agree that they should have been more active in the community, and sent them a message saying so. As soon as I made the suggestion they came on and gave us an update, and have been posting daily. Yet there are still posts here asking where they are, I don't get it.... As for the premine. The devs have been straight up with me so far, and have compensated me from the premine for my efforts. It is a healthy amount of EAC they have rewarded me with. Considering that Earthazaar.com is there for me to make a profit (it is by no means a charity) they probably shouldn't have sent any to me at all. So, how about everyone quit being quite so concerned about where the premine is, it is being put to good use, and try to get some things accomplished. (I have a part of the premine if you really need to know ) I suppose they could post a public ledger of the premine to keep the doubtful satisfied, but I find that I just don't really care.... By the way I could really use more product listings on https://earthazaar.com. Trade is the avenue to increase the value of your Earthcoin, so please get to trading, and post an auction. Thanks Very nice post. Agree with what you said. And great work for creating the https://earthazaar.com, I like the site!
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Whoever is selling, you will never get rid of your coins with those huge walls. Sell in part over time, this is not doge.
I agree, not enough volume, ever. I see on cryptsy there's 2+btc sell walls at 59, 60, 61. Not so much on buy side as per usual, they want to drive the price down to buy more, right? This is a confidence issue. Because no confidence, there are no buyers. Traders won't pump if there are not enough interests there.
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it is funny people are so concerned about the drop.. but on one inquired about the just as fast rise in price. I see in almost all the coin thread that has a premine, someone asks for where/how the premined is spent, and ask for a detailed report. This is simply stupid. If I were the dev, I'd never disclose the information. Nor do I see any thread that disclose the info. digibytes is and other coins. MOST COINS TODAY dont have premine because it is harder to get on crypsy with it.. it is also becoming more than a negative thing, as devs dump on unsuspecting miners. AND COINS HAVE BEEN SUCCESSFUL WITHOUT IT.. so claiming you need ti for tweets and reddit posts and fausets is pretty much moot, as it is proven you dont. Why do you care? to satisfy your curiosity and then blame the devs when things go wrong or the coin price fall? spoken as someone who has never traded a damn thing in their lives. No one will be stupid enough to disclose these things. many coin developers do.. your ignorance of this fact doesnt change it. That's good enough, why do you care where are each coins of premined? It's none of your business, nor my business. once again, spoken out of ignorance and as someone who has never traded anything in their lives. If you don't like premine, just go to a coin not premined (but I am sure it's heavily instamined - devs are not doing charity, they need to get something which is ok to me as long as they support the coin and community), it's a free world here. the only thing you have said thus far that makes half sense. Yes if you dont like premine, dont mine premine coins. HOWEVER THAT DOESNT MEAN YOU CANT DEMAND TRANSPARENCY FOR COINS PREMINED, BEFORE LEAVING.. UNLESS YOU HAVE AN ISSUE WITH FREE SPEECH? as for instamine, YOU ARE ALSO IGNORANT. There are plenty that arent instamined either and yes IT IS OBVIOUS WHEN THEY DO IT. I find it interesting, that first you claim all coins are premined and no one ever discloses and then suggest if we dont like it go to a non premined coin, which you now suddenly admit exist but suggest theya re instamined with zero evidence. seriously that was a crap comment dude. you dont know shit about trading.Don't talk the shits here. Point me coins that disclose these info. If you don't like premine, simply don't mine it, no one ask you to mine, you can mine all the shits that claimed to be zero-premine, with no support, and tons of instramining if you look carefully. The trades are done by traders who make their profit, I can point you tons of coins that claimed "zero" premine and trade much lower than those which have premine. Know why? learn the marketplace! I agree. I saw this in many threads, like in earthcoin thread, no devs will give a shit to it, to satisfy people's curiosity, and put the coin's plan in jeopardy. It is suicidal to let everyone knows what's the developments going on (and thus bounty paid) and let competitors match or do better. Stupid question call it "transparency", it will never happen, only stupid devs will do that.
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Someone posted to this particular thread already, but I'll make it easy for you ;-) https://bitcointalk.org/index.php?topic=380010.0 (Title: Earthcoin giveaway thread, get 20000 EACs to up to 500000 EACs! (Closed) BTW, can't believe I missed that. *shakes fist* Also, after working with the devs for a little, I believe the overall strategy was to make it so that no one person was in charge of the entire premine. That means if one of the original devs went rogue, they couldn't run off the entire premine. Again, look at what happened with Pandacoin in the last few days and see what happens when the premine goes to one person. They can DUMP THE WHOLE THING. That meant that there were several pots. When some sort of campaign was started (such as funding giveaway/promotions, faucets, bounties, etc) then people would have to pull from the individual pots that they controlled and pool into bigger pot that was designated for the next round of bounties or giveaways or whatever. I know that when I was bountied, I only received it from one address, but the other devs had conversations leading up to it saying they were putting X-amount into the bounty pool and I was paid from that pool. Maybe the others can chime in here, but I believe that's the way the finances work. that didnt explain the need to create a new address to send the "remainder" to after every single transaction. after every transaction the old address was emptied and abandoned. this is thousands of transactions. your post said nothing on this subject. just the same as before "it was used for bounties, giveaways, etc" I was laughing when I read this. Your ignorance of how tx input/output works does not make you an argument against the dev. Think who would make this to empty an address and move remainder to another one? Why not go check blockchains like Bitcoin or Litecoin? or any other coin? see similar patterns? know how tx in/out work? Learn man, but before you understand it, don't post stupid things like this... it just make people who understand it laugh
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impressive coin, come a bit late now
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still like this coin, but price going down lately. I think we need to be on cryptsy
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how much of the premine distributed?
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Anyone knows what's the profitability of ASC now? It looks like there's no advantage to mine it than mining BTC directly, but I am not 100% sure though.
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Is PoS generation stable? I heard some coins (eg COL) where PoS blocks the normal minted blocks...
That sounds like it may be the negative difficulty retargeting issue, which hit several coins (ORB, MPL, CDC, ADT, ...). The problem happens when a new block has a timestamp that is lower than the previous block. The next difficulty recalculation fails, which stops normal PoW mining working at that point. PoS generation continues. Note that it is a bug/oversight which causes the issue, not PoS. The issue I'm seeing today with GRA is caused by PoS, where a new PoS block can effectively chop off one or more PoW blocks from the end of the chain, invalidating the miner's efforts. Thanks for the info. I know there are problems with other coins. But this one I don't see issues. I am able to mine PoW blocks, and sometimes you see orphans but all coins you see orphans, this coin does not have many more. Both PoW and PoS works: http://coinblockchain.com/grain/
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Is PoS generation stable? I heard some coins (eg COL) where PoS blocks the normal minted blocks...
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is this by the same team as DigiCoin? the style looks similar...
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wonderful coin
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wow, impressive and very greedy dev is this true? dev to explain who has these accounts?
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looks like some traders are pumping earthcoin now
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