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121  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][JPC]JackpotCoin#Unique JHA Algo#Ultra Fast Trans#1st True PoW/PoS Hybrid on: June 29, 2014, 03:15:11 AM
Edit: U guys where also the ones who came with the voting idea to begin with when the exchange was not online yet

We did. We started it. And for that, I personally apologize. It was MY idea. I thought it was an awesome idea. Until everyone else grabbed onto it and turned it into a profitfest.

We thought voting was the most fair way to do it. And we realized that not every coin had a community. Some coins had financial backing. So we offered a way for everyone to make a difference. Vote with your people power, or vote with your wallet.

Our entire voting phase took in just over 17 BTC, 20% we pledged to donate to charity (It went to Seans Outpost, 3.59 BTC). The rest went to help cover startup costs.

Then everyone saw our awesome idea and jumped on it, copying it exactly.

And once people had 20 places to vote, we realized that voting was no longer a bleeding edge idea. Not one to kick a dead horse we dropped it without further ado.

And once we saw what the payment part had become - a game on the part of exchanges to profit off NOT adding a coin, we were glad we dropped it.

We are about transparency and integrity. Not screwing with you guys. Not holding out a carrot until you throw enough BTC at it (or stop throwing the BTC so that the carrot is less profitable).

So, for birthing that demon of a system, I apologize. It became a bastardized version of what I intended it to be, and I'm glad we got off that train.

We strive to add any coin that requests it. We've invested thousands of dollars into wallet servers to host all the coins we have. Once a coin seems dead we remove it. Obviously not all will survive. But we'd like to have any coin that at least has a pulse to have a home somewhere.
122  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][JPC]JackpotCoin#Unique JHA Algo#Ultra Fast Trans#1st True PoW/PoS Hybrid on: June 29, 2014, 03:06:02 AM

i have repeatedly suggested to these exchange guys to change to a percentage instead of a flat fee to deaf ears..
no offense to them all but they ignore suggestions with unanimous approval and work on adding stuff the public doesn't even want.
want popularity ? give the people what they are are pleading for Wink
and Allcrypt if you were the ONLY guy doing a percentage BTC fee just imagine how many guys could brag about you being better in that respect..

Ok so then explain this situation to me, and I would really like to know how you handle it.

User withdraws a small fraction of a BTC... say it's .0003 BTC. We charge a percentage - lets say that percentage is .1%

So his withdrawal fee is .0000003

The blockchain charges us .0001 plus our .00015 fee we add so that you people don't wait around forever for your BTC. We remove .00030003 BTC from his account, and he gets .0003 BTC in his wallet. We, however, pay .00025 BTC to move the transaction. So we lose the entire .00025 fee, minus the .0000003 we "charged".

2000 of these withdrawals and our BTC wallet is insolvent by half a bitcoin. Thats $300 we should pay?

And now we have mid-sized trader who sells 3.5mil JPC at 32 satoshi, and he goes to withdraw his 1.12 BTC and sees a withdrawal fee of .00112, more than DOUBLE what we're charging now. Or the bigger guy who wants to withdraw 7 BTC - and wants a goddamned explanation NOW about why us assholes are holding his BTC hostage with an absurd you-cheating-assholes .007 BTC withdrawal fee THIRTY FIVE TIMES what mintpal and bittrex charge?!?!

See - what I'm seeing here is a lose lose lose situation. If we charge a percentage, the small BTC withdrawal people (which is you, otherwise you wouldnt be arguing for a system that NO ONE DOES because IT DOESNT WORK) bleed us dry, and - if there's a real asshole out there who REALLY wants to fuck us over, deposits 1 BTC then does 10,000 .00001 BTC withdrawals, costing us 2.5 BTC in fees in the process.

Or there's the guy who withdraws more than .51 bitcoin, who is now pissed because we raised the withdrawal fee.

So, since it's such a revolutionary idea where either the exchange itself, or the person who trades more than pennies - ONE of the two -  is getting screwed - I'd love to hear the answer on how that setup works and how we keep from going bankrupt, and keep from making anyone who trades more than half a bitcoin avoid our site like the plague.

Because putting in a system that says "Hey, if you want to trade in volume, don't deposit here, because our withdrawal fees are insane!" seems like the absolute worst way to get volume.

I'm not being an ass here - honest question: Do you actually understand how BTC transaction fees work? Do you realize that they are NOT a percentage, and it's a fixed rate - based on the data size, NOT the BTC size - of the transaction? That if I send you .00008 BTC, it will charge me a .0001 fee anyway, the fee being MORE than the amount I sent?

We are charging what WE are charged, based on a rolling average, plus a small percentage to cover losses we incur when the fee is actually larger than what we charged, plus the .00015 we add as miner incentive to prioritize our deposits.

And, I'm dead serious, let me know how us charging 18 cents more than mintpal or bittrex, and absolutely moving your BTC faster than them, is so absurd. You'll spend $65 on a video game, $9 on a pack of cigarettes, $5 for a shitty bottle of lite beer at a bar (that is less than a buck at the liquor store), but 18 cents to move your Bitcoin is reason to not use a website that performs better than the competition.

I'm... at a loss...
123  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PCN] ProCoin: ♕ Get Some! ♕ | Build A Service - Get A Bounty - Web Wallet on: June 28, 2014, 07:19:46 PM
We had a server upgrade, need to recompile, cant find the source anywhere, and the main website is down.

PCN is being removed from AllCrypt.com, it's dead.
124  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][JPC]JackpotCoin#Unique JHA Algo#Ultra Fast Trans#1st True PoW/PoS Hybrid on: June 28, 2014, 03:45:40 AM
I got to admit allcrypt is the fastest exchange I tried so far. Especially when it come to withdrawing BTC, usually it was almost instant withdrawal. At first, I really dislike the UI but who care? It's functionnal and the priority order really worth the extra %. I would go back there anytime if possible.

AllCrypt charges .00051 BTC to withdraw

Can someone please explain to me how a withdrawal fee that costs 29 cents, the cost of a cigarette that some of you smoke 10-20 of a day, a 20th of a Starbucks drink, and a 12th of a gallon of gas has caused so many headaches?

Guys - seriously - first of all - the blockchain charges fees. While some of you may like to believe it's a flat .0001 - its not. Its based on the transaction size. Our withdrawal fees are calculated DYNAMICALLY. Every 15 minutes the system averages out the last few days of withdrawal fees for a coin, adds a small percentage to cover losses (when we're charging .0003 and we have to pay .0005) and, yes, I know it's shocking, a fraction of a penny in profit. I know nowadays profit is a horrible evil word. Sorrynotsorry. Every single one of you whos waiting for JPC to rise is value isnt rooting for that for the 'sake of crypto' - it's so your JPC is worth more. I'm digressing.

We also add a .00015 miner fee to each transaction. Why? It prioritizes our withdrawals. It helps ensure that your withdraw, which, often, you want NOW and not in 40 minutes (sidelong glance at cryptsy), actually gets there, and gets there as fast as possible.

Yes, we charge 18 pennies more than Bittrex and Mintpal to withdraw your Bitcoin, so that we can get your coins to you faster.

Oh, right... and we don't charge you over FIVE THOUSAND DOLLARS to list your coin! You're bitching about 18 cents when people have paid FIVE. THOUSAND. DOLLARS. to have JPC listed on Mintpal and... wait for it... it's still not there!

My god... epiphany... *I* am the asshole.

On an unrelated note, I will not be available for the next 3 weeks as I vacation on a tropical island with a drink in my hand. This month we processed over 60,000* BTC withdrawals and I'm personally using that 18 cents we made on those 60,000 withdrawals to live it up in paradise. Cya suckers!

Oh, wait. Nope, not reality. Didn't actually get rich on that.

* Full transparency: We actually processed 1408 BTC withdrawals in the last 30 days. We paid a total of .21345 BTC in transaction fees, plus the added miners fee of .2112 for a total of .42465 BTC paid to miners in transaction fees. Assuming a high of .00051 BTC per withdrawal over the period, we took in .718 BTC in withdrawal fees. Thats a net 'profit' of .29343 BTC in withdrawal fees - ripping you suckers off for .000209 BTC each - 12 pennies for each withdrawal. Muhahaahaha!

Ahem. Sorry. Lost control for a moment. We swindled $169, which we'll use to pay a small fraction of the electric bill this month. Maybe one day we'll make it to the cayman islands.

Side note: Our fees are less than Bittrex (cant quote mintpal, dont know off the top of my head). Deposit enough JPC to sell for .4 bitcoin, then withdraw that .4 bitcoin with our outrageous "bend-over-and-take-it-haha" (TM) fee, and between trade fees plus our ripoff withdrawal fee, we're cheaper than bittrex.

Big picture people. I think thats why we have no volume. No one looks at the big picture.

Ed
AllCrypt.com Developer
Customer Relations Prodigy

125  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][JPC]JackpotCoin#Unique JHA Algo#Ultra Fast Trans#1st True PoW/PoS Hybrid on: June 27, 2014, 11:00:53 PM
Damn I wish people would use AllCrypt more, it's so much nicer to trade on than Bittrex. For all it's fanciness the UI on Bittrex is really slow and clunky, and it sucks not being able to set priority orders.  Sad
AllCrypt has barely any volume though, there are very few buy orders compared to Bittrex.

I know, that's what I'm saying, it deserves to have more volume. I would much rather use it than Bittrex.

AllCrypt has more coins than a Roman Fountain.  Thats the problem.  Too many different coins.  Also, they dont have the auto-sell auto-buy feature ala Cryptsy.  

I use Allcrypt, but dont like it.  

So having TOO many coins is a problem HOW?

If you don't want to trade a coin, you just don't trade a coin. There's no requirement.

Too many on the screen and on the menus? Use the 'hide inactive coins' feature.  Still seeing crap you don't want to see? Hide all but the ones you want to.

Autosell? We HAVE autosell.

It's amazing, I'd say about 90% of the features people email us asking for, or complain on forums we don't have (without ever contacting us to ask for it) we actually DO have. The features aren't hidden either. And if you can't find something you think SHOULD be there - we have a FAQ that actually has all that information in it.

As to keb's comment about the priority orders - about time someone noticed how powerful that is. What? You don't know what that is?

Long version: https://allcrypt.zendesk.com/hc/en-us/articles/201039940-What-is-a-Priority-Order-

Short version: JPC is trading at a high volume - and you want to buy before the price goes up (or sell before the price goes down), but want to do it now, not after the 3.7 BTC in trades stacked up on it go through. Use a priority order. You cut in front of the line. Your trade happens BEFORE the others do. Sure, you could just list at a lower price to 'go first' but then how much BTC are you losing? Or maybe it's sitting at a 33 sat buy and a 34 sat sell. Sure, 1 satoshi isnt the end of the world, but if you're selling off a 21 million JPC jackpot you just got, thats .21 BTC, about $100.

Anyway, we HAVE the features that most people want and other sites dont have. Just no one stays around long enough to USE them.

Weeks ago we had a few 50+ BTC volume days with JPC. We can obviously handle the volume.

Then it dropped to nothing. Because bittrex listed it. NOT because bittrex is BETTER, but because, bittrex listed it.

Over 70 million JPC was withdrawn from AllCrypt last night when the price at bittrex started going up.

AllCrypt has no volume because you guys use the other sites, usually for a reason no better than "its better", and if asked why, there's no real answer.

We're faster, we have more features, we have more OPTIONS, we pay attention to user needs, we are active in the coin's forums, we have support that responds (although sometimes rudely if it's me at the keyboard and the requestor is a moron Wink quickly, we have more security features than any other site (that, I might add, a shockingly few number of you actually use) - yet - we're losing to bittrex

Why? Because our site is ugly? I don't buy that. Craigslist is the most bare bones website out there and is THE #1 classifieds site on the net.

We're losing because bittrex and mintpal are bittrex and mintpal. They got there first. Not because they are better.

Our new coin shorting, margin trading, and liquidity investment (with hourly interest payments), as well as a de-uglification of the site is, hopefully, rolling out soon. A wallet server memory failure set us back a week cleaning up the mess.

Not that I think offering features that kick the shit out of every other exchange out there will matter. So far, it hasn't seemed to.

This isn't a whine or a rant - it's more of me trying to figure out just why the heck the better, more involved, more responsive site is losing to the guys who could care less.

Mintpal? Really? I saw earlier in the thread (I read this daily) that the donation wallet was up to 9 BTC. NINE BITCOIN. Over FIVE THOUSAND DOLLARS. Just to LIST JPC.

We listed JPC FIRST. And didn't ask for a penny.

But, just keep paying Mintpal. Do you really think those votes arent played with? Do you honesty think that Mintpal doesnt see BTC donations come in, and oh no... you just missed it... keep voting, keep donating, maybe next time...

When THEY control when a coin is added, but then say "Pay us money, and more money, and more money" to get it on... and still it waits... Do you HONESTLY think that's NOT fishy? You're paying for votes because they are making more money on votes than they are on JPC volume. If JPC traded at 100 BTC a day on there, it'd take them 45 days of solid 100 BTC a day volume to equal the 9 BTC you guys have paid them. They are making more money off you guys WANTING to get it listed than they would if they DID list it. Your BTC donations are INCENTIVE to NOT list the coin. I'd never list the coin either - until it became more profitable TO list it.

Nevermind the BTC fight between JPC and ZEIT fighting for that top spot. Ka-ching!

Hmm. List JPC and stop the money train... or let them keep paying. For nothing. Paying for the chance to do, on mintpal, what you're already doing on bittrex, or could be doing on AllCrypt, and WERE DOING, WEEKS AGO, for free.

That seems ok?

But, when JPC finally gets on there, the rest of the JPC on deposit at AllCrypt will be withdrawn to be moved to MintPal, because, hey, it has higher volume.

Except if you CHOSE to trade on AllCrypt, we WOULD have the volume.

Other than 'the site is ugly' and 'low volume' I havent heard a single good reason why bittrex and mintpal are better. We have low volume because ya'll decided to make sure we have low volume.

Don't go bitching about something you guys did Wink I cant make anyone trade on AllCrypt.

Sorry for that wall of text. The site, and cryptocurrency, is something I am personally deeply passionate about. I didn't build AllCrypt.com to make money. I built it because the other sites sucked hard in one way or another (or 10), and I knew I could do it better.

We have the speed, features, security and responsiveness that I believe rivals all the other sites.

We're just missing you guys. Question is - how to convince ya'll of that.

Ed
AllCrypt.com Admin
126  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Friendshipcoin | FSC | 0 Premine | Now Trading on c-cex.com on: June 25, 2014, 01:12:45 PM
We at AllCrypt have received a lot of abuse and harassment from some people peitioning to get FSC added to our exchange. First, there was a conflict in the symbol name, and then we wound up removing the other dead coin.

Then we had other issues to attend to, and received more harassment.

Just yesterday, we were threatened that we'd be ruined on twitter because we are liars.

That being said, we've also had a fair number of legitimate requests to add the coin. We don't want to waste our time adding a dead coin with zero community backing, and especially one where the people requesting it are being anything BUT friendly.

Just posting here to see the consensus if this is worth adding to the site. I'm on the fence. I posted on twitter yesterday that we'd never add it, and received  alot of emails asking us to reconsider. At least those were polite.
127  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin[PND] The only POS coin with 3 mths POW mining phase| Multipool| No premine or IPO on: June 24, 2014, 06:25:29 PM
Moved PND to a new server, need to compile it, and the source absolutely MUST be on github.

Which there are no links to.

If someone has the link to the git please submit it as a ticket on AllCrypt.com.
128  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LIM]LimeCoin X11 Algo | OBSOLETE move to LimecoinX please on: June 24, 2014, 06:12:49 PM
LimeCoin removed from AllCrypt, mostly because a manual move of coins and the work needed for a coin with no volume isnt worth it.
129  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ISR] Isracoin - The Israeli cryptocurrency on: June 24, 2014, 06:08:39 PM
We have 1 working node, have the latest version, and the wallet refuses to do anything, reporting "Warning: Displayed transactions may not be correct! You may need to upgrade, or other nodes may need to upgrade."

Not sure how to upgrade when the github has the latest source code. Til then, IsraCoin is dead and disabled on AllCrypt.com
130  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [GER]GermanyCoin! Giving away the whole premine to everyone ! on: June 24, 2014, 05:54:56 PM
Dont bother. Coin's dead. Removed from the site.
131  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT Proof Of Transaction Cash Back for Sending & Recieving on: June 24, 2014, 05:48:13 PM
That being said - why is the wallet running at 80% CPU?
132  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT Proof Of Transaction Cash Back for Sending & Recieving on: June 24, 2014, 05:47:55 PM
Here is our nodelog. We have 16 connections. No idea if we are "legit" or not. I don't own any fluttercoin to test sent to cryptsy, and I cant send a users coin on the off chance it disappears.

As of writing, we have 87679 blocks. Ignore the first column thats just a database ID key for the node. The last column was the timestamp of the last update/IE the newest nodes we've connected to.

6776509   FLT   107.150.6.17:7408   70009   /Satoshi:0.7.5.7/   2014-06-22 15:25:27   2014-06-24 13:45:02
6246294   FLT   66.11.162.228:7408   70009   /Satoshi:0.7.5.7/   2014-06-18 13:34:24   2014-06-24 13:45:02
6776520   FLT   70.70.239.50:7408   70009   /Satoshi:0.7.5.7/   2014-06-22 15:25:27   2014-06-24 13:45:02
1130   FLT   64.90.187.229:7408   70007   /Satoshi:0.7.5.7/   2014-05-07 11:55:30   2014-06-24 13:45:02
4848922   FLT   178.203.9.140:7408   70009   /Satoshi:0.7.5.7/   2014-06-09 01:01:01   2014-06-24 13:45:02
7063865   FLT   178.63.168.46:7408   0      2014-06-24 10:09:58   2014-06-24 13:45:02
588896   FLT   54.201.183.106:7408   70007   /Satoshi:0.7.5.7/   2014-05-11 12:25:25   2014-06-24 13:45:02
1129   FLT   54.200.138.226:7408   70007   /Satoshi:0.7.5.7/   2014-05-07 11:55:30   2014-06-24 13:45:02
2442616   FLT   162.243.167.235:7408   70009   /Satoshi:0.7.5.7/   2014-05-24 23:07:37   2014-06-24 13:45:02
4280606   FLT   50.180.178.143:7408   70009   /Satoshi:0.7.5.7/   2014-06-05 12:54:48   2014-06-24 13:45:02
6776514   FLT   192.3.177.246:7408   70009   /Satoshi:0.7.5.7/   2014-06-22 15:25:27   2014-06-24 13:45:02
4277646   FLT   50.149.31.242:7408   70009   /Satoshi:0.7.5.7/   2014-06-05 12:27:50   2014-06-24 13:45:02
6794112   FLT   192.99.159.64:7408   70009   /Satoshi:0.7.5.7/   2014-06-22 18:07:04   2014-06-24 13:45:02
4181970   FLT   24.20.35.80:7408   70009   /Satoshi:0.7.5.7/   2014-06-04 21:55:55   2014-06-24 13:45:02
3659673   FLT   212.129.12.103:7408   70009   /Satoshi:0.7.5.7/   2014-06-01 18:04:10   2014-06-24 13:45:02
2610929   FLT   98.220.203.77:7408   70009   /Satoshi:0.7.5.7/   2014-05-26 02:35:29   2014-06-24 13:45:02
6776512   FLT   71.61.60.138:7408   70009   /Satoshi:0.7.5.7/   2014-06-22 15:25:27   2014-06-24 09:56:33
7009699   FLT   72.133.225.98:7408   70009   /Satoshi:0.7.5.7/   2014-06-24 02:05:59   2014-06-24 05:27:50
4122721   FLT   70.74.161.2:7408   70009   /Satoshi:0.7.5.7/   2014-06-04 12:32:41   2014-06-24 01:52:30
7000635   FLT   203.100.215.90:7408   70009   /Satoshi:0.7.5.7/   2014-06-24 00:45:13   2014-06-24 01:25:39
6926035   FLT   92.222.19.210:7408   70009   /Satoshi:0.7.5.7/   2014-06-23 13:47:18   2014-06-24 01:25:39
198531   FLT   24.20.116.148:7408   70008   /Satoshi:0.7.5.7/   2014-05-08 20:48:20   2014-06-24 00:31:49
344546   FLT   69.59.38.87:7408   70008   /Satoshi:0.7.5.7/   2014-05-09 17:50:04   2014-06-23 17:08:39
1131   FLT   54.203.244.27:7408   70008   /Satoshi:0.7.5.7/   2014-05-07 11:55:30   2014-06-23 16:28:19
6919981   FLT   86.212.55.167:7408   70009   /Satoshi:0.7.5.7/   2014-06-23 12:53:38   2014-06-23 15:34:42
6938108   FLT   81.249.242.170:7408   0      2014-06-23 15:34:42   2014-06-23 15:34:42
6900821   FLT   178.130.36.81:7408   70009   /Satoshi:0.7.5.7/   2014-06-23 09:59:09   2014-06-23 15:21:16
2532796   FLT   69.122.150.85:7408   70009   /Satoshi:0.7.5.7/   2014-05-25 13:27:43   2014-06-23 13:33:50
133  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Lovecoin Revival 100% Proof Of Stake on: June 24, 2014, 05:41:35 PM
1 node, zero new blocks for 3 weeks.

I'm calling it dead unless someone can give me nodes that get us blocks.
134  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FlutterCoin FLT Proof Of Transaction Cash Back for Sending & Recieving on: June 24, 2014, 05:23:06 PM
Ok - so whats going on? I actually came here to ask why our fluttercoind is pretty much sitting at 80% CPU usage, with gen=0 and 87662 blocks - but then I see that it may be forked on a lot of different chains?

Is the CPU usage related? I'm tempted to kill the wallet, it's using about 25% of the entire CPU power for the wallet server it's on, making all the other coins slow as heck.

Can someone link to a summary of what exactly the issue is? A quick scroll through of the last 2 pages, I didnt see anything with more details than "boke".
135  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][YAC] YACoin ongoing development on: June 23, 2014, 05:01:24 AM
YACoin has been added to AllCrypt.com!
136  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Magicoin MAGIC - The MagiCurrency | Merchant now available on: June 23, 2014, 04:52:08 AM
MagiCoin has been added to AllCrypt.com!
137  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] █Credits █ CRD █ V. on Cryptsy&Mintpal █(Wallet updated) █ BOUNTY █ GET █ on: June 23, 2014, 04:41:12 AM
Credits has been added to AllCrypt.com!
138  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Bwincoin(BWC) 丨1,000,000 Max Coins丨100% Pure PoS丨Free IPO丨 Bittrex on: June 23, 2014, 04:04:35 AM
Bwincoin has been added to AllCrypt.com!
139  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | PoSA White Paper Released CS 2.0 on: June 22, 2014, 06:42:26 PM
CloakCoin has been added to AllCrypt.com!
140  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][GUE] Guerillacoin - Fast Coin - 1 Min Blocks - X11 PoW/PoS on BITTREX! on: June 22, 2014, 06:39:05 PM
GuerillaCoin has been added to AllCrypt.com!
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