More ppl must know about good coin, or price will never rise ;/
I agree, we need to come together as a community and spread the word. The Facebook tipper is great as it is reaching out to thousands of users who now holds a Goodcoin wallet. But there just needs to be a development for the people to actually use their coins. |
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Devs are hardly active enough on the PR side. They may be doing good work in development as we speak, but no one knows that. (And with all the current scamcoins no one will believe without proof...).
Devs here are some tips to gain some attention:
Ask Altcoin Herald to do another article on future plans
Give ETA on TOR.
New poll on next coin features
As far as I know, BTCD has not produced anything yet? And look how that is doing. MORE PR!!
Edit: The price is not an issue - the volume is...
Dev already gave ETA on Tor and asking for new coin features already is a bit much since the dev already got their hands full at the moment. I don't believe in the fake hype and fake features that won't come either, those types of coins are meant to dump before everyone realizes it's a scam. As for the lack of volume it's probably because everyone is holding to see the release of Tor and the multipool. Although traders could also be crashing the market to cause panic so they can buy in even cheaper. |
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Active dev...check
Skilled dev....check
Performing dev....check
I think this dev team can take this coin to new heights! But my only concern is since PoW is over and bounties will eventually run dry after paying bounties to the multipool, tor, and whatever future projects. I don't want to stop there because the future has many new tech to offer. Is there going to be a development fund wallet created for donations to help fund future projects?
+1 Dev team should put up a donation fund address on the OP!  We agree, and its actually been there for 2 days now. It's in the Bounties section, where I list the premine and bounty addresses  The current poll vote ends in less than 5 hours, and it's a close vote, so be sure to cast your thoughts! However, if our bounty fund runs dry, we may move to a system where we poll for the next feature, then take donations until we have enough to implement said feature. We should be fine for now, but we will adjust when required. Thank you for bringing this up though, your thoughts and concerns are always welcomed as it may uncover something we may have missed. Cool thanks dev! You're always thinking ahead aren't you? If you need donations for future projects then just say it, I'm all in with this baby! |
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Active dev...check
Skilled dev....check
Performing dev....check
I think this dev team can take this coin to new heights! But my only concern is since PoW is over and bounties will eventually run dry after paying bounties to the multipool, tor, and whatever future projects. I don't want to stop there because the future has many new tech to offer. Is there going to be a development fund wallet created for donations to help fund future projects?
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The biggest issue here is people have built up an extreme level of expectations. The moment something doesn't go as planned we have these kinds of reactions. Some of the problem is the dev team kinda set themselves up for it. Had they put the original PoSA countdown an extra week out almost none of this drama would be occurring. I think the dev team has learned their lesson. In the future I'd expect they'll not be so aggressive in their deadlines.
As for the list of oh so horrible problems. Pretty much all of it is due to them working exclusively on PoSA. The single focus is causing issues in other areas. But, in a weird kind of way it's a good thing. Hopefully it'll get that feature out the door and then they can circle back and clean up all the other little issues.
The team has promised to release source in the future. Just because it's not happening on some peoples terms is completely irrelevant.
Something I find interesting is how they set up their PoSA countdown -- hype generated, prices went up 2-3x, then sort of semi-silence (besides the fixing bugs stuff). Deadlines are one thing and even missing them isn't the end of the World, but when any dev sets up a deadline, even a minor miss can have pretty drastic effects. But as to what is potentially interesting and I have wondered about is... is it on purpose? I expect a smart dev could have looked at Drk, how they handled their release candidates and thought to themselves -- why can't I do the same thing? Probably more money was made on Drk by releasing a bad fork, than a good one... silence and delays lower the price a bit more. Those who sold at 2-3x prices can buy back in at really cheap levels, and all a dev has to do then is release whatever it was they were working on, Release candidate in Drk's case, or PoSA here. More money to be made that way than a proper release on time. I may be too skeptical, but again, just something I wonder about sometimes. Devs can influence price down easier than they can up, and sometimes it's to their advantage. Dev can easily manipulate the market with either good news or bad news, it's just a game for profit that's nothing new. |
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Solo mining is still possible?
Yeah you can solo mine, most people do The only way to go with this, totally stacking. |
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1. anon stuff implement (XC, DRK & the like) 2. roadmap (all coin mandatory) 3. multipool (BC thingy we should copy) 4. sms wallet (vericoin) 5. decentralized exchange (AeroMe, VootCloud & Blackhalo) 6. coin recycler (MASTcoin) 7. Proof of Dev (developers showing their real stuff - vericoin, dcm, etc) 8. Proof of Community (where community members hang, discuss, you know the normal shit, reddit, IRC, etc) 9. being intergrated into a PoS (point of sale) machine like coinkite or some sort (XC, BC, bitcoin hehe) 10. PR firm and paid news coverage (BC, VRC, etc) 11. Big crypto twitter name i.e. Iconic, Wiz, well.. thre's this CoinRocket guy so... yeah 12. Reach to other exchanges, inc. MP.. even when bittrex IS better  btc38 anyone? That's how much stuff I can think of we can copy/use for the coin  This is a very good list, but dev is missing + if he is not willing to pay for a translation (I did the Greek one no response yet), while translations are clearly stated as reasons for the Premine and the Dev tax in the OP... ...I dont know anymore if anything of what is stated in the op is valid. LOL take a chill pill dude, you barely posted the translation a few hours ago and demand a response already....try complaining after at least 2 days Which do you think is better Btc38 or Bter? |
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why are we all of a sudden feeling threatened by new coins? When Cloak was first released, VRC was doing well and keeps on doing well to this day. You do realize bashing other coins just brings more exposure to them right?
Exactly. I hope they do well. I believe in cloak. I just happen to believe cloak will do better. Exactly, but other people always have to bring in outside drama. |
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The same "constant dumping" has been happening to TRUSTcoin. The dumping process does not use sell orders, but instead sells directly to buy orders to lower the price. Here's stafur's post from TRUSTcoin thread:
I can try to take a stab at it, but defer to the dev to please chime and correct me if I misspeak. Here's my understanding of what happened:
1. There was a market-bot running on bittrex which was pushing down the value of the coin.
2. To find out what address was behind the bot the dev requested some addy's from the community.
3. Using those addys the dev was then able to construct a tree that led to 5 possible culprit addresses that the bot was running off of.
4. Since the bot is now offline and the addresses and their derivative coins have been identified, bittrex is now good and there is no longer a threat to the coins on bittrex.
5. Price is low thanks to that bot, and others now have an opportunity to invest on the coin at PoW prices and can now take advantage of the PoS.
And, here's mitchellmint's explanation, Trustcoin's dev: BitTrex cannot lock an account for this sort of market manipulation. I talked with a representative from BitTrex to discuss my options, which were nearly none.
We caught someone buying high and selling low. We started to profit from it, tweeted to help others profit, and then the market went silent, the bot was turned off. We also notice enormous Sell Walls that were not there before. We asked the community to follow a plan.
The premine is PoSing safely in a Vault 2.18 Million
We took a pause to see who was causing the price drop. Now that it is identified I can only say... MOVING on.
By the way, you can find "the two digits buy and sell orders" on both KTK and TRUST on Bittrex, usually the first buy and sell order: https://www.bittrex.com/Market/Index?MarketName=BTC-KTKhttps://www.bittrex.com/Market/Index?MarketName=BTC-TRUSTInteresting observation. But I just cannot understand why would someone buy high and sell low, and what is the benefit of such manipulation... I don't know the reason too. That's why I called it "the strange dumping". Logic goes out the door with traders. |
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Apex going to list on Bittrex
Way to early for this coin to be listed on Bittrex. Too bad. Price will be crushed now by dumpers. On to the next one. I was thinking the same shit. Guess I'll dump half and buy more Cloak. I understand your concerns, but here's a different way of looking at it. It is on Bittrex, which supports API trading. That means we can get started on a multipool that pays out in APEX, among other things...  Bittrex was certainly fast on listing, this is insane! Hash on, hash hard brah. |
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Apex going to list on Bittrex
Already up. |
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On Friday 11th July 2014 PoSA became self aware! The countdown begins, I can't wait to see.  |
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Running a community is hard work so I don't think it's such a big deal, the devs deserve a little something. Besides the OP is open about it and it's fairly small. Did you not hear about dinosaurcoin's dev? They had a hidden premine of 36% and when caught, they pretended the dirty code was removed, it was hilarious nonetheless. I'd like to see where this goes, everything seems to be working just fine. |
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Having an app is always nice to have although I don't use them myself.
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giveaway on IRC in 5 min
Small coin giveaway went very well. I will be doing another one later this evening. I'm always too late on these kinds of things, but hopefully I can make the next one. |
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Personally I would not use an online wallet, but that's just me.
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Thank goodness for the mighty blockchain. This is great that the dev are actually keeping their promise, no empty promises here and that's the way crypto should be. |
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The thing about dumpers is that they are dumb, but it's okay because this coin was never meant to be a pump and dump coin with low block rewards which allows us to now buy for cheap and wait for the value to go up. I'm holding my bags and dumping all the other coins that are making empty promises about some super high tech mumbo jumbo that will continue to not exist.  The devs here are alright in my book. I would like to hear what's in development though, what is in the making and what are the future plans? A timeline goal would be nice. |
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@Judge
Have a look at KTK (KryptKoin) they are using Wafflepool as a backend to "their pool" and buying KTK on exchange with BTC earned to payout to miners in KTK (Disadvantage is double conversion on exchanges). Just a simple suggestion
Double conversion but miners don't care as long as they make a killing on sales sadly dumpers are dumb. |
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