I think it's important to point out that our Optimus Primes are not real Optimus Primes.  In keeping with the philosophy of the coin, we use the fake Optimus Primes from the recent movies, and these are the kind that have lips and step in dog poo for comic relief.

HashBrowner Juniors are sold out!  What you're looking at now is the HashBrowner Commodes, which are a Commodity-backed investment exchangeable for Urea.

...OK, I'm kidding, I should keep my fake scam claims within the realm of what's remotely believable to higher primates.

I'll do it for 24,000 - AND your purchase GUARANTEES you a permanent Cloud Conlet HashBrowner Junior that is GUARANTEED to always output more than you input FOR LIFE!!!

PAYCON Coin of the Future

I tried to mine it solo, but I couldn't get it to work.  I have never mined anything, and all the instructions and youtube videos I followed led me to the fact that cgminer doesn't support scrypt-jane anymore because "solo mining without ASICs is dead" or something.  So after I couldn't find a pool, and after I couldn't figure out how to solo mine, I was just going to buy a lot of BTL on Allcoin.  But they closed the market.  Ma doara.

I have a gtx980, some 970s, and a lot of 750TIs, but they're all Folding proteins so I always just rent from miningrigrentals if I want to mine.

Is this the same coin, symbol I0C, that ispace.uk is basically giving me free with merge-mining without me even knowing about it?

I mined Curecoin and Unobtanium and suddenly I also have a balance in iocoin.

Cryptsy chat is buzzing!

We're playing 6 degrees of Kevin PayCon, in which I connect anything to PayCon.

Are there any mining pools that still have Bitleu?

Actually, PayCon is already pegged to the value of a breast, 1-for-1 (redeemable by those who hold at least 2 coins, and have breasts)

And the report is SUCCESS!

I've already downloaded over 10,000 blocks, which is quite impressive.  Only 300,000 left!

The problem is fixed now, I placed my order! 

Now I'm sure this coin is in no way a scam, and in fact is the next Bitcoin BUT BETTER!

I just registered yesterday in order to trade Paycon Coin of the Future, so consider me referred.

But I've been having a problem placing an order to buy on the BTC market, and I'm starting to think this coin is some kind of scam?

You're supposed to wait at least a day before you dump it all for nothing. 

Why sell for 1000sat when it's trading for 2.9LTC?

When your pool's very first block was orphaned, did you really get the feeling you'd been scammed?  This coin DELIVERS.

AWESOME, Thanks!

With the combined power of all these nodes, my wallet will have no choice but to connect!

I won't be home til Monday, I'll report back then.

...but I still have no active connections after restarting, rebooting, rescanning.

Some wallets just work, and some don't.  I have installed about 20 different coin wallets that worked immediately, and maybe 4 or 5 that I never got working.

I figured out the problem with my keycoin.conf file - I had to go into control panel - folder options and de-select "hide known file extensions". 

It was naming the file keycoin.conf.txt

I'm way ahead of you on that last part, I withdrew 4btc worth of coins before I made this thread.

But are you saying the real reason they delist a coin is because the devs stop sending them money?

If they're going to announce that 15% of everything they sell is garbage, they could do it a little at a time or at least give more than 1 day notice.

The clear message is "You bought what we offered, that's your fault for trusting us."

People sold thousands of Bitcoins for a few dollars, when they could have had millions by waiting 3 years.  But did they learn anything from that?  Are they holding any altcoins long-term?  No, they just say "Altcoins will never be as big as Bitcoin." 

Bitcoin is still nothing to 99.9% of the world's population, so it wouldn't take much for another coin to surpass it. 

But people are slow to learn.  Bitcoin's price increased from less than $0.01 to over $300.00 in 5 years, and it's stayed above $300 for over a year.  But people still talk about it "crashing", because it's "only $300".  Yes, it's 3 times less than it was last year, but it's 100 times more than it was 2 years ago.  But the crowd is always big and easy to follow, so they buy high and sell low, and they give an altcoin 6 months and dump it even though it's already worth 10 times more than Bitcoin was worth at 6 months. 

What does it take for a cryptocurrency to skyrocket?  Continued existence, and not much else.  It's built-in.  More people are getting into crypto every day, and every coin will get some of those new users unless the coin stops working.     

As a coin gets more miners, it costs each miner more to get coins, which increases the price, which brings even more miners, which increases the cost again, which increases the price again.  Most people didn't realize that about Bitcoin at first, but they should have realized it by now. 

The feedback loop reaches critical mass when the number of miners increases difficulty to unprofitable levels for some miners.  Then they might start using ASICs, but it eventually reaches critical mass anyway, on a much larger scale.  Either way, some miners drop out, difficulty decreases, then miners come back, difficulty increases, and the coin finds a rough equilibrium.  Especially since multimining pools can autoswitch constantly and keep a tight reign on the difficulty (and therefore the price).

At that point, the deciding factor is the number of users.  When new coins are released, older coins lose miners, the coins get cheaper to mine, and the price decreases.  When old coins die, other coins get more miners, the coins get more expensive to mine, and the price increases.  But the number of miners overall is still increasing, so the price of altcoins overall is increasing, and there's no end in sight to the new users who start mining every day.

But the natural balance of miners and price is short-circuited when a coin is put on the exchanges too fast, before it has enough users.  That allows a few people to get enough coins that they can ruin the price by dumping their coins, and too many miners drop out at the same time.  If the price decreases too much and too fast, there aren't enough miners to jump in and keep it steady, so a lot of coins never recover.  But when a coin has the numbers of users that Bitcoin has, there are always enough miners ready for the opportunity to mine at a temporarily lower difficulty.  And when there are so many people holding a coin and selling it on exchanges, it makes it a lot harder for any one person to influence the price, no matter how many ASICs he has. 

Speaking of ASICs, why do you think Scrypt ASICs exist?  You can't mine Bitcoin with a Scrypt ASIC, and in fact you can't do anything with it except mine some altcoins.  So that's one answer to your question - altcoins will still survive at least until everyone gets their money's worth from their hardware.  And before that can happen, they'll have to stop making new hardware every day.  So it looks like altcoins will be around for quite a while. 

Thanks!!!

I already set my autopay to a much smaller amount.
I thought it might be a problem with bigger numbers,
but AFAIK payouts are all-or-nothing so I couldn't do anything else once I had accidentally let it build up that high.

Merry Christmas to me!  I just got 3000 Fractalcoins which will soon be worth ONE MILLION DOLLARS EACH!