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2601  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ECASH Coin Swap Revival | Pure Proof of Stake | Cloud Staking on: March 15, 2015, 02:56:17 PM
Shame this coin had so many weak retarded hands coin supply about 7 million and you sell for 200sat!! wtf are you people on your are selling at massive lost you silly %^&*(. Why do i have to buy into a coin with the most stupid people imaginable involved in ffs

I agree mate,i think it must be the bigger holders dumping as they stake Sad

I started with about 22k which cost me around 0.2 btc to mine, now i have 35k which is worth half that  Angry



LoL at traders that don't understand economics.



care to help me understand then dude, instead of lolling at us dumb asses Tongue

Iv posted enough about it already.  Lips sealed
2602  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ECASH Coin Swap Revival | Pure Proof of Stake | Cloud Staking on: March 15, 2015, 02:49:55 PM
Shame this coin had so many weak retarded hands coin supply about 7 million and you sell for 200sat!! wtf are you people on your are selling at massive lost you silly %^&*(. Why do i have to buy into a coin with the most stupid people imaginable involved in ffs

I agree mate,i think it must be the bigger holders dumping as they stake Sad

I started with about 22k which cost me around 0.2 btc to mine, now i have 35k which is worth half that  Angry



LoL at traders that don't understand economics. It is a pity that the coin owner disappeared instead of taking up the challenge to create demand, because ecash is a technically superior coin.

2603  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ECASH Coin Swap Revival | Pure Proof of Stake | Cloud Staking on: March 15, 2015, 02:43:39 PM
Shame this coin had so many weak retarded hands coin supply about 7 million and you sell for 200sat!! wtf are you people on your are selling at massive lost you silly %^&*(. Why do i have to buy into a coin with the most stupid people imaginable involved in ffs

No need to get personal with the traders. If your view is positive for the future, then buy in at 200 sats. People are just factoring in the coin supply after 21 days growing at 10k% - 20k% per year.

Lets assume the 21 days was over today and supply was 7m today and interest was 20,000% for three days in a row, it would mean coin supply of 10.8m after day 1, 16.7m after day 2 and 25.9m after day 3. what is going to happen with all those new coins apart from the option to stake them for even more? In reality, all blocks being 20,000% for 3 days is unrealistic but if you take the average between 10-20k you might look at 30m supply after a week or so. People are therefore not selling a coin supply of 7m but a supply of 30m+, depending on your timeframe after the 21 days. Unfortunately with all traders having short term profit in mind, the pattern as previously explained will repeat itself. At least there is a dice game thanks to Spots that will help a bit with demand.

If this upsets you, then take a chill pill because the interest rates were voted on and Spots chose the winning option.
2604  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ECASH Coin Swap Revival | Pure Proof of Stake | Cloud Staking on: March 15, 2015, 01:37:57 PM
It's great having a working coin now, and the staking is working well. The only concern i have is the price. It's all well getting 200/300% extra coins from staking, but if the price drops too much then the free coins are worthless. Look at BALLS it was trading at 100 sat it's now down at 2 sat. It does not matter how many free coins you get if they are worthless.

I have posted many times about the impact of high interest coins and the economic principles thereof. I will not go into that again. All I will say is price is the result of where supply = demand. A coin is worth what someone is willing to pay for it, based on whatever the reason is why that person is willing to pay that amount for that coin at that time. That is why coinmarketcap is such an artificial number because it assumes that all coins are worth the last trading price which is not true, unless there is a buy order for the total money supply at that price.
2605  Alternate cryptocurrencies / Announcements (Altcoins) / Re: AnaLCoin | SHA256 | POW/POS | 300k coins | IN-WLT TRDNG ! | LAUNCHED !!! on: March 14, 2015, 05:35:28 AM
Not a good name for a coin. Merchants selling food items surely not going to accept this coin. Live long and prosper, Goodluck!

Agreed, but according to the dev the name is what is going to make it excel. So lets see what Aces the dev has up his sleep to do that.

PS: Regarding merchant acceptance, it is a pipe dream of all coins and only Bitcoin has achieved any noticeable success on that front. I don't think any other name will make any difference since all coins have about 98% chance of not achieving significant acceptance. Maybe in the adult industry. I admit in this case though the specific choice in name takes the 98% to 99%. Not really a biggie. If it was not the intention to be associated with anal or anything sexual, then change ticker to ANL.
2606  Alternate cryptocurrencies / Announcements (Altcoins) / Re: AnaLCoin | SHA256 | POW/POS | 600k coins | IN-WLT TRDNG ! | LAUNCH FRIDAY on: March 13, 2015, 09:14:11 PM
Wallet doesnt work on windows 7. say it miss a DLL

Yes it butt hurts. Point to a pool.
2607  Alternate cryptocurrencies / Announcements (Altcoins) / Re: AnaLCoin | SHA256 | POW/POS | 600k coins | IN-WLT TRDNG ! | LAUNCH FRIDAY on: March 13, 2015, 08:53:31 PM
Glad to see some pools bending over to help a new dev get on his feet.
2608  Alternate cryptocurrencies / Announcements (Altcoins) / Re: AnaLCoin | SHA256 | POW/POS | 600k coins | IN-WLT TRDNG ! | LAUNCH FRIDAY on: March 13, 2015, 09:48:06 AM
So far it is just another coin. Your OP looks like the dev's a$$. Can you update some more info on the OP to see if this coin has any potential or if it will just be flushed down the toilet?

Sure, what do you want to read/hear ?

We'll be releasing the wallet without in-wallet trading first, as there is simply no exchange which has ANAL listed yet, after it gets added, the wallet will be updated and In-Wallet-Trading will be enabled.

Later on (approximately after about 14 days) we plan to have multiple currencies tradeable from the wallet.

What I can gather so far then that is impotant:

1) Plan for the coin is to have in-wallet trading.
2) POW will be approximately 23 days.
3) 40s block time seems better than the other 4 and 5 minute block times that came out recently.

Some more questions:
1) Is there a premine?
2) Any other plans except for having a coin that can trade in-wallet?
3) How will you keep interest by the miners after the 2nd week of POW, especially as it will be very expensive to mine over such a long period?
4) How will you keep interest after POS kicks in @ 2.25% with 24 hours min coin age?
5) Is the wallet coingen or coincreator?
6) What will give Anal the edge over all the other coins?
2609  Alternate cryptocurrencies / Announcements (Altcoins) / Re: AnaLCoin | SHA256 | POW/POS | 600k coins | IN-WLT TRDNG ! | LAUNCH FRIDAY on: March 13, 2015, 09:06:22 AM
So far it is just another coin. Your OP looks like the dev's a$$. Can you update some more info on the OP to see if this coin has any potential or if it will just be flushed down the toilet? Especially since you are a newbie.

PS: You also do not say if there is a premine or a hidden premine.
2610  Alternate cryptocurrencies / Announcements (Altcoins) / Re: AnaLCoin | SHA256 | POW/POS | 600k coins | IN-WLT TRDNG ! | LAUNCH FRIDAY on: March 13, 2015, 07:19:49 AM
Apt name for a **** coin.
2611  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ECASH Coin Swap Revival | Pure Proof of Stake | Cloud Staking on: March 13, 2015, 05:54:03 AM
I've been inviting him back to do his plan with no response

That proves my point.
2612  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ECASH Coin Swap Revival | Pure Proof of Stake | Cloud Staking on: March 13, 2015, 05:30:27 AM
Is a pro Dev all it takes to revive a coin 😏🎉?

Technically yes. It is the first step to have a properly working coin. Imagine adding to that a management team with vision, strategy and business plans.

Perfect. Where do we hire them

I don't think it is a matter of hiring someone. A management team needs to be someone with passion for something and does not matter to initially put in effort to achieve his passion with rewards later on. It would typically be 1-3 community members that get together with a shared vision and go for it. A coin is just the technical enabler of achieving the vision and the coin is either an asset in the process or a tender instrument to make the plans work. The coin specs must compliment the vision and business objectives, e.g. transferring value that is not time sensitive can have coin specs of 10 min block time because block time is not a major issue. Retail use at point of sale is time sensitive and needs super fast transactions and sub 1 minute block times with only a few confirmations.

Few people have the appetite though to commit to something like this and really be committed or most lack the skills and have no business savvy, hence 99.99999999999999% of coins being just a fad that starts and ends quickly thereafter. Managing a coin needs proper business skills and can be compared to running a company. Evidence of this is the absolute commitment and passion displayed by the 2-3 coins that are actually getting somewhere at the moment.

The original dev's lack of willingness to still be involved is an indication that he does not have the passion for what he wanted to do here. This means that he probably had alternative motives for launching the coin whatever that may have been. He has been handed a perfectly working coin but he walked away, probably to start a new coin (with a premine  Roll Eyes )
2613  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ECASH Coin Swap Revival | Pure Proof of Stake | Cloud Staking on: March 13, 2015, 05:14:16 AM
Is a pro Dev all it takes to revive a coin 😏🎉?

Technically yes. It is the first step to have a properly working coin. Imagine adding to that a management team with vision, strategy and business plans.
2614  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ECASH Coin Swap Revival | Pure Proof of Stake | Cloud Staking on: March 12, 2015, 03:09:57 AM
I wonder if the stake % will be true for everyone. With so many orphans it seems that the stakers with the fastest ping responses will get their blocks accepted first. Stakers with high latency will get orphans most of the time and therefore wont get the quoted stake %. The coin might be overheating because it is do fast. Is it possible to up the difficulty so that there is a bit more delay between blocks and therefore lower the orphan rate?

Orphans do not affect your pay rates. At all

Ok so that is one less concern. Most large blocks are orphans and most dust blocks stick though. Perhaps it is just co-incidence.
2615  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ECASH Coin Swap Revival | Pure Proof of Stake | Cloud Staking on: March 12, 2015, 02:56:58 AM
I wonder if the stake % will be true for everyone. With so many orphans it seems that the stakers with the fastest ping responses will get their blocks accepted first. Stakers with high latency will get orphans most of the time and therefore wont get the quoted stake %. The coin might be overheating because it is do fast. Is it possible to up the difficulty so that there is a bit more delay between blocks and therefore lower the orphan rate?

EDIT:
Blocks seem to be solved faster than the network can process that the previous block has been solved. It might be that the network is running away by the connections with the lowest latency and the high latency connections are dragging behind with the orphans. There might be a lot of wasted hashing on old blocks. It is almost like running full speed downhill, or the cart runs in front of the horses.
2616  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ECASH Coin Swap Revival | Pure Proof of Stake | Cloud Staking on: March 12, 2015, 01:45:33 AM
Poof! On to the next 1 might I suggest 10k

Why are you loaded and need to sell?
2617  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ECASH Coin Swap Revival | Pure Proof of Stake | Cloud Staking on: March 12, 2015, 01:44:30 AM
Something seems out of the ordinary. All blocks are now orphans with the odd one 1/30 or so going through. The weight to network weight ratio is getting >1 and rising which is odd. Block count is increasing though so in this heightened state there are some that are finding blocks. Perhaps it is just becoming very hard to find a block since everyone's wallets are getting supercharged and trying to find a block.

This can be compared to normally mining is a lottery to find the right answer. With this everyone has the right answer but it becomes a lottery to be first in the queue to have the right answer accepted.
2618  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] RISKCOIN - Scrypt - Bittrex - More to come... on: March 11, 2015, 06:40:40 PM
I didn't think Risk would rise above ICO easily. It did briefly. The trick with this one was not to buy ICO, but buy at 10-15k and sell when it was 30k. In and out.

As predicted:

https://bitcointalk.org/index.php?topic=955463.msg10610034#msg10610034
2619  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ECASH Coin Swap Revival | Pure Proof of Stake | Cloud Staking on: March 11, 2015, 06:26:11 PM
I mined coins on Suprnova and kept my eye on this thread. When I read about the issues moved them to Bittrex from there successfully. Did the other miners not do the same? A miner must be really silly if he leaves his coins on any pool when there are issues with the chain. Suprnova is not to blame, ocminer did a great job during the time of distress. It is the miners who are to blame that should have moved their coins.
2620  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ECASH Coin Swap Revival | Pure Proof of Stake | Cloud Staking on: March 11, 2015, 05:38:45 PM
Hmm, btw I'm still holding the premine escrowed from the first chain... :-)
I think you can delete that, it`s worth 0,lol, but confirm with dev.

Hmm, I was part of "the dev" fixing the old chain Smiley

I thought I could/should send them to bittrex before block 10.000 but it looks like the swap was done earlier..

Well.. I don't really care, a pity though.

It quickly became clear that the chain would not each close to 10,000. If coins were not moved immediately as recommended while a few blocks were still processed, it was a lost cause really.
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