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701  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypti - XCR - Ͼ - 3 PoS algorithms - Ed25519 - Next Gen New Source - Launched! on: September 14, 2014, 03:58:49 PM
why so dead...,volume  Huh atract whales plz

The dumpers have all dumped.... they all are buying SuperNet, and NODE so they can dump that next.  

XCR is now held by long term investors, so trading is light.  Once more features of XCR are released, the price will increase.  

XCR is like a 6 month old baby right now.  No practical use, but lots of potential.  Once the toilet training is complete, great things are possible.
702  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypti - XCR - Ͼ - 3 PoS algorithms - Ed25519 - Next Gen New Source - Launched! on: September 14, 2014, 02:45:05 PM
@Litoshi: I think it's far to less. The faucet will be for users to test their wallet, not to earn money. (Which is far too time-consuming anyway)


The purpose for a faucet is to earn money from the advertisers, who pay per view/visit.  If you offer too much coin for each visit. you will get click-slammed by the chinese prisoners.  If you dont know about the chinese prisoners, and what damage they do on the net, you may become a victim.  They are forced to play internet games and farm gold and credits that the guards sell for real money.  They are also used to farm the faucets for BTC and other coins.  Allowing visits by the same computer/IP too often and you will be drained of your coins with very little to show for it.

If you just want to attract new people to XCR, you can do that by offering them free XCR with a download of the windows wallet.   How you prevent multiple downloads by the same person is up to you.

703  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypti - XCR - Ͼ - 3 PoS algorithms - Ed25519 - Next Gen New Source - Launched! on: September 14, 2014, 09:18:00 AM
Is it okay for you, if I add your project to crypti.ws? Smiley


Also, the wiki is offline for me.

Yes this is fine by me. Thanks... Smiley

Smiley


Guys, what do you think is a good sum for a faucet?

I hit the faucets every day.   I usually spend a few hours twice a day,  earning about .2BTC per month.  I could earn more, but I have filtered out the sites that dont pay at least 100 satoshi per visit.   The quality of faucets varies considerably as well as the time allowed between visits. 

I recommend that the XCR faucet be profitable.  The revenue from advertisers needs to be greater than the dispense to a visitor.  But also, the dispense has to be enough to get return visits, but not so much as to get click-slammers.

I would recommend the XCR equivalent of 100 satoshi.  Since XCR is now selling at 1500 satoshi, you would need .00150000 XCR per dispense.  As for timing between dispenses, I would recommend starting with 6 or 8 hours.  That way each visitor can make 2 or 3 visits a day.





704  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypti - XCR - Ͼ - 3 PoS algorithms - Ed25519 - Next Gen New Source - Launched! on: September 13, 2014, 02:45:21 PM
It's a bit quite in the thread  Cry

Are you guys planning BOOM/WOW/YEAH thing ?


All needs time Smiley
Soon will be posted Windows wallet, blockexplorer, but i will not post ETA for it.
And i'm already working on 0.1.7, when i will add some new features.


Wheres the source code check you were in the process or arranging like 2 weeks ago. I'm smelling bullshit at this point.

Whats the matter rabbiter?  Is the source code release delaying the launch of your XCR Clone?

705  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypti - XCR - Ͼ - 3 PoS algorithms - Ed25519 - Next Gen New Source - Launched! on: September 12, 2014, 02:56:33 AM
Why the such high withdrawal fee for XCR on bter(1%)?

This question has been asked and answered three times already.........BY ME.  Dont you guys read the previous posts???

ANYWAY..... the 1% fee is the escrow fee that BTER charges for hosting the IPO/pre-sale.  Bter chose to deduct it from the XCR withdrawals as they occur, instead of taking 1% of the genesis block.  SO....... whoever withdraws XCR from Bter, pays the 1% fee.  

Figure this in when you purchase from another investor.

This can't make much of an explanation. taking 1% until the end of times is >= 1 at best (assuming those funds need to at least exit once from their platform)
The 1% fee should be one time event or limited by time. it can't be moved between investors like hot potato until the end of times.
We can guess the natural behavior where the mass of the volume will stay on Bter for a long time.  We can't accept worsening the trading experience for our token on this platform.
Even if the volumes will move to a different platform, we can't allow the discrimination of the token against other tokens on a platform which we are trading in.
Also, instead of choosing to take the fee from the funds that been invested, they choose to deduct it from the tokens being brought? I can't remember they notified and prompted this fact properly on their platform when buying, but my memory may deceive me.

I don't think we can justify or ignor this.

Edit: actually, I was looking into buying a nice round number, with intention to redraw my newly brought token. If I was aware of this fee, I would have try to put it in my calculations. So no memory loss this time..
Edit2: although the numbers are relative, this still conceptually little bit piss me off

NODE, which started trading on Bter today, also has a 1% fee plus 1 NODE for withdrawal.
706  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypti - XCR - Ͼ - 3 PoS algorithms - Ed25519 - Next Gen New Source - Launched! on: September 11, 2014, 11:42:10 PM
Why the such high withdrawal fee for XCR on bter(1%)?

This question has been asked and answered three times already.........BY ME.  Dont you guys read the previous posts???

ANYWAY..... the 1% fee is the escrow fee that BTER charges for hosting the IPO/pre-sale.  Bter chose to deduct it from the XCR withdrawals as they occur, instead of taking 1% of the genesis block.  SO....... whoever withdraws XCR from Bter, pays the 1% fee. 

Figure this in when you purchase from another investor.
707  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypti - XCR - Ͼ - 3 PoS algorithms - Ed25519 - Next Gen New Source - Launched! on: September 11, 2014, 06:07:02 PM
NODE Coin, which used to be NXT-lite, will have their IPO on Bter tomorrow.  So prepare for a dump of XCR and other coins on Bter to fund the IPO. 

I suggest setting your buy prices now. 
708  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypti - XCR - Ͼ - 3 PoS algorithms - Ed25519 - Next Gen New Source - Launched! on: September 11, 2014, 06:04:24 PM
Those pushing the supernet idea simply want to cash out... now. It's the same sort of mindset when people wanted early trading here.

It doesn't really make a whole lot of sense for crypti to join supernet, but the best way to look at it, in my opinion, is to simply wait. If supernet takes off, and eventually could add something beneficial to the coin, then sure, the devs could consider it at that time. There is no real advantage to trying to join now, unless, again, some folks want to see a quick rise, dump their coins, and then walk away. And unfortunately way too many folks in crypto are like that nowadays.

Any decision about the ShitNet is up to the devs and the Foundation to decide. 
709  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypti - XCR - Ͼ - 3 PoS algorithms - Ed25519 - Next Gen New Source - Launched! on: September 11, 2014, 02:14:05 PM
XCR joining SuperNet would be like Prince William joining X-Factor. 
710  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SuperNET - ICO conducted by BTER + ... on: September 10, 2014, 06:23:39 PM
Someone does need to write a document explaining more precisely what this is about. I am a seasoned BTC, NXT and asset exchange user, but it took me nearly five hours last night to begin to understand what this is about - and I'm still unclear on A LOT.

I imagine most potential investors are staggered at the amount you are aiming to raise and the moment it becomes clear to them that this is not a normal coin investment, they fuck off - they can't be bothered to wade through all this meandering thread trying to get a grip on it when they can put their money in another, more familiar investment.

I for one am standing back from this one until things become more clear, it's just too vague at the moment.

For those wanting to find out more, I found this to be the most useful document to launch my research from:

http://209.126.70.170/SuperNET.pdf

SuperNet is identical to a hedge fund ETF in the stockmarket world. 

An ETF holds assets, usually commodities or stock, from similar industries, using the investor funds to acquire more.  The ETFs earn income from user fees, which are deducted from the inventory every quarter.  Common ETFs include physical gold, silver, oil, and DowJones100s. 

711  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypti - XCR - Ͼ - 3 PoS algorithms - Ed25519 - Next Gen New Source - Launched! on: September 10, 2014, 06:08:23 PM
Is web wallet forging working?

Yes, It works, but not how you thought.

XCR forges PER NODE.  All the web wallets are on the same node, so all the web wallets are forging and the fees are going to the Foundation.

712  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypti - XCR - Ͼ - 3 PoS algorithms - Ed25519 - Next Gen New Source - Launched! on: September 10, 2014, 01:13:01 AM
Any update on the blockchain explorer? is there any dev working on it or are all busy with new version/ windows version?

They are working on the Windows wallet.  Syrenity posted that a few posts back.
713  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypti - XCR - Ͼ - 3 PoS algorithms - Ed25519 - Next Gen New Source - Launched! on: September 09, 2014, 02:40:02 PM
NODE is coming, and what are you going to do?  Undecided

Both coins are closed source messes.  Both coins are full of holes once the "closed" source obfuscation is removed. (LOL like you can "close" javascript source anyway.)  Both coins operate on broken/outdated infrastructure (IMO using components in a misguided-at-best way to begin with) that is vulnerable to known exploits.

Both coins have made some big and bold claims that are not backed up by the actual content of their code.

I'm wondering what BOTH coins are going to do.

Someone should really come in and write an actual, sound, non-hyped, open and community driven coin in nodejs, and eat both of their lunches.

Heck, a straight port of pybc would probably be enough to do it.

Maybe you're right. Maybe the devs are right and you're wrong. Right now I don't see you developing a nodejs project. If you do, you can take my money. But right now I'll stick with Crypti and their devs.

In my many years operating businesses, I never worried about the competition.  I introduced services my competition could not offer, and let them worry about me.  I bankrupted over 14 competitors in 15 years.  

My advice to XCR, is to remain innovative, responsive, and flexible.  Copycats will be numerous, but never superior.
714  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] [VEX] VexCoin | Pure PoS | ICO Soon | Guaranteed Buy Support! on: September 09, 2014, 02:24:19 PM
Guaranteed buy support??? meaning?

That means the devs will use their BTC to pump the price early so more investors buy in........... then comes the DUMP and RUN
715  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] [VEX] VexCoin | Pure PoS | ICO Soon | Guaranteed Buy Support! on: September 09, 2014, 02:22:45 PM
ICO........ check
not mined....... check
no unique features............check
no positive ID of devs.............check
just another coin............. check

Nothing to see here. 

Like all scams, the dev is playing to the greed of investors that think they are getting a good deal and can sell for a quick profit.

This is a sure loser. 

Stay away.

716  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypti - XCR - Ͼ - 3 PoS algorithms - Ed25519 - Next Gen New Source - Launched! on: September 08, 2014, 10:03:45 PM
SN may not be a scam. I believe it is highly unlikely a scam. SN may be successful for its intended purpose. I believe more likely it won't. The bottom line for this thread is, SN may succeed but if it does only NXT and a few coins that would have had no future otherwise will benefit. Crypti is NOT joining SN. So there is not point in continuously bringing it up here.
If this disappoints you I'd advise you to sell any XCR you have now and buy some SN tokens or James' assets or boysenberry coin. There is potential short term profit there.

I dont think SuperNet is a scam, but I do think it is a scheme.  

SCAM: Lets cheat the investors massively and quickly, and then go away.

SCHEME:  lets cheat the investors a little bit and blame it on the economy, weather, Obama, and Global Warming.
717  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypti - XCR - Ͼ - 3 PoS algorithms - Ed25519 - Next Gen New Source - Launched! on: September 08, 2014, 09:57:41 PM
I've filled out the 'What is PoT / PoP / PoI ?' page on our wiki (http://wiki.crypti.me/index.php/What_is_PoT_/_PoP_/_PoI_%3F)
This helped me understand better what you guys are doing here, and I'm really happy that I learn to know about this project in it's early stages. go Crypti.
I took the content mainly from the whitepaper and removed some duplicates to make it more coherent and assertive.
I've also made some few remarks of my own, and my English sometimes may not be 100% so please take a look for inaccuracies.

----------------------------
What is PoT / PoP / PoI ?

Proof of Time, Proof of Purchase and Proof of Merchant ID are the innovative custom designed hybrid algorithms Crypti uses for its system and what makes the Crypti truly unique:
Encouraging commerce, supporting merchants that supports the network, and rewarding those who help keeping it secure and active.


Proof-of-Time:

The PoT algorithm will determine it’s weight based on a node (system with a running wallet) up-time. the more nodes that we have running, the more secure and stable the network will be. The user will be rewarded a cumulative weight for helping and secure the long term success of the Crypti network simply by being connected to it. It will run completely in the background, be able to run on a system as small as a Raspberry Pi, and eventually will even be able to run on an android phone without effecting bandwidth or use noticeable GPU / CPU horsepower.


Proof-of-Purchase:

factored slightly less important than the PoT weight accumulated, The PoP algorithm will reward purchase activities to validated merchants. It will be used to lend a weight based on the amount of currency you have spent to a validated merchant account since your last block reward. By spending Crypti, you are generating transaction fee’s which will be re-distributed to someone in the network who much like you, rewarding merchants who have chosen to be pioneers and take the leap to accepting Crypto Currencies for payment.


Proof-of-Identity (or Validated Merchant):

PoI is The third major feature of Crypti and is something that we are really excited about- owner of stores would register with the Crypti network and provide details such as the owner, store name, and website address, which would then be tied to their wallet address in the Crypti network. built in ratings and review / comment system supported by and logged in the actual Crypti block chain would ensure that we were only giving fees to valid merchants and not simply every user who received a transaction. Actual validated Merchant running a storefront accounts will be rewarded by 50% of the transaction fee to our merchants as a bonus for being a part of our network and accepting Crypti as a payment method. This will reverse the current paradigm that the merchant need to lose a certain percentage for receiving funds trough a payment method. This will propel the Crypti network to the top of the game.

----------------
In conclusion: Some may say current cryptocurrencies algorithms reward hoarding and stagnation. Crypti creates those algorithms to to keep its network active, moving and expending.

These are all part of FORGING, but you did not mention forging even once.  Possible oversight.  You got stuck on the "11 herbs and spices"  and forgot to mention the chicken.
718  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypti - XCR - Ͼ - 3 PoS algorithms - Ed25519 - Next Gen New Source - Launched! on: September 08, 2014, 08:28:49 PM
SuperNet is already past 3000 BTC and it is in day 4 of a 30 day IPO.  And keep in mind, Supernet is not only vaporware, but it isnt even a coin, the IPO is selling tokens.  SuperNet will never be anything other than tokens.  SuperNet is just a hedge fund to hold coins.

The XCR devs have a vision and the talent to pull it off...... but it takes time and money.  I remember when Apple stock was $3.00.

HODL... the best part is to come.

+1.  I have contacted noashh, chanc3r and whale over on nxtforum.org to ask them about including Crypti in SuperNET.  

SuperNET intends to pick a dozen coins and obtain a 10% stake for long-term investment as a type of "hedge fund".

Crypti is a natural for inclusion.  Get ready for some buying pressure.

Stay away from SuperNET, it is a major scam. People gonna lose a lot of money there are scammers will end up with 10% stake in few promising coins, that is horrible outcome.

There is no way to prevent SuperNet from buying XCR on the exchange and including it in their scheme.  It is a free market, and they can buy and sell just like anyone else.

SuperNet demands 10% of the coins at the market rate for a coin to apply and join.  WHY should the XCR devs give up 10 million of their remaining 15 million coins for that (at 2000 sats)?  The devs are holding their XCR for the future, because they believe in the future of XCR.  

If you think SuperNet is good for XCR, give us a good reason besides PRICE INCREASE and EXPOSURE.  

 
719  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypti - XCR - Ͼ - 3 PoS algorithms - Ed25519 - Next Gen New Source - Launched! on: September 08, 2014, 08:20:27 PM

And i also remember how supportive NXT devs were, how often new client versions come, how they cared about NXT network.  Cool
Do you see the same here?  Roll Eyes
nope.
They already have 750 btc. Why they should care about crypti?  Huh Grin Wink

I made the very same point in the first few pages of this blog.  But slowly, I came to see the dedication of the devs and their plans for this coin.  

Fact is, the devs sold the IPO too cheap.  They could have made much more.  The IPO ended after 4 days, but if it had run for the full 30 days, they would have received about 2500-4000 BTC.

Other IPOs run since then have generated 2000 BTC or more.  SuperNet is already past 3000 BTC and it is in day 4 of a 30 day IPO.  And keep in mind, Supernet is not only vaporware, but it isnt even a coin, the IPO is selling tokens.  SuperNet will never be anything other than tokens.  SuperNet is just a hedge fund to hold coins.

The XCR devs have a vision and the talent to pull it off...... but it takes time and money.  I remember when Apple stock was $3.00.

HODL... the best part is to come.

How old are you?  Grin


About 5 years more than my teeth.
720  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Crypti - XCR - Ͼ - 3 PoS algorithms - Ed25519 - Next Gen New Source - Launched! on: September 08, 2014, 08:19:17 PM


This question begs to be asked.... did you buy Apple stock at that price? ☺

No.  There were better performing stocks in the early 80s. Apple was a bad investment until the Ipod was released, then it had one good year.  Then it floundered until ITunes.  Then another two good years, then down again.  Then the IMac and a slow rise in price until the recent $600 a share.  
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