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I had the following nodes:
addnode=107.170.91.220
addnode=178.62.42.109
addnode=178.62.51.49
addnode=107.170.35.189
addnode=188.226.184.232
addnode=162.243.122.97
addnode=107.170.153.13
addnode=95.85.62.12
addnode=178.62.54.145
So now I removed everything else besides the nodes, but it's still not connecting.
Thanks for your help, and Merry Christmas. I heard Santa is giving KEY this year.
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It's .3% of all possible Fractalcoins, since they're limited to 1 million coins. So, I'd like to have them if I can.
TX ID 109091
2014-12-21 15:56:56 (UTC)
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Put $100 into 100 of the "best" coins, fair enough - it's a nice, fun little gamble.
It definitely is a gamble though - no one has any way of knowing which (if any) of those coins will survive long enough to make you a profit - let alone long enough to jump 10,000X in price and become worth $10,000.
The problem is, if one coin does make it to that level of worth, it is likely to be in many years time - and there's no way of knowing that it will be one of the coins which is "best" today. So to improve your chances you have to continually invest time in researching the current "best" coins.
Eventually it becomes a trade-off of time. It's very, very hard to make a full time living off of Crypto gambling, just as it is with any other kind of gambling - its possible, but you need an "edge" which gives you a chance against the house. So most people involved also have full-time jobs, and therefore not an infinite amount of time to put into the game.
So - like everything else - it becomes a matter of working out whether it is an efficient way of spending your time. I've put 100s of hours this year into cryptos - analyzing, trading, investing, mining - and made a little bit of money back. The problem is, I've almost certainly made less than I would have done if I'd worked minimum-wage in a kitchen washing dishes for the same amount of time.
(Lets say - conservative estimate - I've spent 200 hours trading, researching, etc, coins - in the UK at £7.50 p/h which is what I believe is current minimum wage for someone of my age, I would have made £1,500 or $2,334.)
During all that time I've spent this year, trading and investing, from a starting investment of £200, I've made about £700 profit (mainly by gaining from LTC/BTC rise at the right time).
Now, earning it my way was a lot more fun - I did it sitting on my arse, in front of the TV, smoking some fine plant materials. I also learned a lot about how markets work - and a hell of a lot more about how scammers operate. It's been a ride. So I'm fine with it.
But if my intention had been purely to make money, I would have been far better off taking a second job in a kitchen.
TL/DR Whether Altcoins are worthless depends on your aims. If your aim is to enjoy them, have fun and learn, they are not worthless. If your intention is purely to make a profit, they are fairly worthless.
Good post. I agree it wouldn't be worth it in the short-term unless you're having fun. I am definitely having fun, and I still give it a slight edge in favor of working for money - working for minimum wage has 0 chance of making you rich next year, while altcoins have .00000001 chance. Unless you sell all your coins, in which case there's 0 chance. Most people can't understand that you haven't lost anything until you sell for a loss. They're ready to give up as soon as the market drops a little. |
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I haven't been in altcoins very long, but I recently became interested in KEY and I think it's just as good as or better than hundreds of other coins people are still trading. How many of them are attempting something like an Operating System? So I thought it was worthy of a few dollars along with all the other coins I've invested in. When Poloniex announced that they were delisting 17 coins on the same day, including KEY, I asked them to reconsider. But they had no interest in hearing what I wanted to say about it. (I made a thread about that, https://bitcointalk.org/index.php?topic=898025.0) Anyway, I still can't get my KEY wallet to connect to the network. Anybody have suggestions? |
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If the long-term strategy is to buy some of a lot of alts and wait, then I'd suggest putting them on paper wallets after buying them. In 5 years you can check if you got lucky and one of the paper wallets is not worthless. (That way you don't need to download or sync the client.) Expecting an exchange to still be around and still holding every alt in 5 years is unrealistic.
Plus: 9btc on an exchange? I wouldn't be able to sleep at night.
Thanks for the suggestion, I don't know much about paper wallets but I need to look into it. I know they're selling Bitcoin over the counter at convenience stores in Indonesia, so that might be the future of crypto for a lot of people. As for not being able to sleep at night, right now what's keeping me up is the .01btc worth of Vertcoin that never arrived in my wallet, and other things like that which are probably pointless and funny. |
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Poloniex customer service solution #1: Call someone else. Poloniex customer service solution #2: Don't let us rip you off, we warned you! Poloniex customer service solution #3: If we fail to give you a satisfactory answer the first time, don't ask again. Poloniex customer service solution #4: If you won't shut up, we'll MAKE you shut up. Poloniex customer service solution #5: if you discuss it further with a ticket, we'll delete your ticket without responding. Is there anything else I can not help you with today? |
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If the entire alt section of Bitcointalk was flushed down the toilet tomorrow, it would be step in the right direction for mainstream adoption. The major projects such as NXT, Counterparty, and Bitshares would find a way to collaborate on a new forum or some other free market idea that distance themselves from the complete trash. Anyone feel the need to take a shower after spending 15 minutes around some of these posts?
Do you think the 16 coins that were just delisted by Poloniex were all trash, with devs either being scammers, incompetent, or irrelevant? I don't dig into smaller projects. This is a reference to the alt section in general that makes Nigerian scammers looks like angels in comparison. If this section disappeared tomorrow, I don't think it would be a huge loss for the type of projects I follow personally. To each their own. Well you said Bitshares was one of the few major projects, but Poloniex just delisted Bitshares DNS. So is there any difference between Bitshares and all the other trash, even to Bitshares supporters? |
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If the entire alt section of Bitcointalk was flushed down the toilet tomorrow, it would be step in the right direction for mainstream adoption. The major projects such as NXT, Counterparty, and Bitshares would find a way to collaborate on a new forum or some other free market idea that distance themselves from the complete trash. Anyone feel the need to take a shower after spending 15 minutes around some of these posts?
Do you think the 16 coins that were just delisted by Poloniex were all trash, with devs either being scammers, incompetent, or irrelevant? |
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Hi, I'm mining as runpaint and I had a manual payout of over 3,000 Fractalcoins the other day that never showed up.
If you happen to find them, I'll be more than happy to pay 2%.
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Yeah, and what's the general result when you treat your customers like they don't matter?
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Give them a good reason to keep a coin and they will. How would I go about giving them a reason? In their chat, or by sending them support tickets? They deleted my support tickets about each coin, and they said it was spam. Considering you got banned from chat or whatever
I wasn't banned, I was threatened with being banned if I asked to keep coins listed. But you PROMISE that they'll keep it, if I just talk to them right? So, once again, you insist on being wrong despite all available evidence. I'm going to guess that you weren't able to communicate your opinion on a reasonable level Once again you're just making things up, since I've posted my entire chat log in this topic for anyone to see how I communicated. UPDATE: They listed a new coin today - another video game altcoin. Such a good thing they just delisted League Coin, I'm sure this new one will be totally different and better! |
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I find altcoins as well great. I have a lot of them and i've never sold one of them. I'll keep them all and i will see within a few years where they are. If they are still alive or dead. Maybe there is one good one between them. You never know. Bitcoin also started very low and look now.
Exactly. If 1 of your coins ever becomes 10% of the small thing Bitcoin now is, you'll be a millionaire. |
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Yes, it would benefit everyone.
Except the people holding KEY.
And the people holding NAS.
And the people holding Bitshares DNS.
And the people holding LOL.
And the people holding AEON.
And the people holding AUR.
And the people holding CRYPT.
And the people holding BLU.
And the people holding PMC.
And the people holding VOOT.
And the people holding SHOPX.
And the people holding NTX.
And the people holding MON.
And the people holding DRKC.
And the people holding UTIL.
And the people holding SILK who dumped it because Poloniex delisted it but then it doubled the next day. (I withdrew my 21,000 instead of trusting Poloniex, and I benefited.)
But yeah, since it turned out KEY was a Prometheus pump and dump, it's time to get rid of it. Good thing that information came to light the same day as information about 15% of all the coins on their exchange.
But like you said, sporadic volume and a few people who support KEY aren't enough. But like you said, sporadic volume and a few people who support XBC are enough. It's all about volume, except when it's not.
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Yawn, as if bitcoin isn't an alternate currency and also a cryptocurrency
Blah blah blah this coin and this coin will be worth 3 cents max let me tell you exactly what will happen in the future blah blah blah
If mtgox blah blah blah then quite frankly blah blah blah doesn't deserve to blah blah blah
I've already made more than 3 cents on the coins Poloniex delisted, so your prediction is already wrong. But I can tell you some things that will happen in the future:
#1, the U.S. dollar and many other fiat currencies will continue to be worth less, year after year. The price of all surviving cryptocurrencies will therefore likely rise, even without the other deflationary features of the coins.
#2, some currency will be thousands of times bigger than Bitcoin currently is. Maybe the dollar, or Bitcoin itself, or another coin, but the plain fact is that Bitcoin is almost nothing right now compared to the money being spent every day by 7 billion people. So for an altcoin to surpass Bitcoin would only require that coin to be something 99% of people have never heard of, instead of 99.9% like Bitcoin.
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Lol, i dont think you choose right way to pick the wining horse. If you want to cover all there are more then few 1000.
Pick the best, with:
-bringing something new
-good developers
-solid community
Maybe you will not need to have more then 20 wallets.
OK, you put $100,000 in escrow and I'll put in $1.00 for each coin. Whoever is right after 3 years gets all the money. While you're doing that, I'll still be buying some coins. I'll put more than $1.00 in the best coins, but I'll still put $1.00 in the long shots. |
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KEY had the volume and the 100% increase before it was announced to be delisted.
SILK had no increase in volume before they reversed its delisting.
WOLF, DIEM, XBC, and about 10 other coins had a combined volume of about 0.00BTC in the past 2 weeks, and they weren't delisted.
Everything else you said is untrue, and anyone can see it if they're interested. I could repeat the facts, I could repeat Poloniex's own statements, but you're still going to ignore reality and claim it's about volume and "it doesn't take much to stay listed".
Does Poloniex pay you in dollars, or crypto? Hopefully they'll give you insider information before they delist what they paid you.
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I've already bet a dollar on 100 different coins, and no wager with this guy has the potential to pay out like those investments. Unless you want me to put $1.00 in escrow, he gets it if my coin never reaches Bitcoin levels, or he pays me $100,000 if it does. Anyone who won't give me those odds can save your breath about how I'm stupid to take those odds on the exchanges. It's my dollar and you're not offering me a better way to spend it. Enjoy your $5,000,000 pizza, and I'll enjoy my $1.00 crypto lottery tickets. I'm not even saying don't buy the pizza, I'm just saying it won't kill you to save at least one pizza's worth of coins, just in case. http://abcnews.go.com/Technology/bitcoin-pizza-day-pies-now-worth-million/story?id=23824128 |
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They don't base their decisions on volume, that's a lie that I've thoroughly covered.
They didn't claim to change their mind on SILK based on volume, and there are plenty of other coins with much lower volume that they didn't delist.
As I've already said, KEY moved .3btc in one day and was up over 100%, and they still delisted it the next day.
Poloniex says the coin devs are the only ones who can stop a coin being delisted, because they believe cryptocurrency should be controlled by centralized authority and not be controlled at all by the many people who hold the coins.
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Yes, that may seem unbelievable, but I'll also be fine if I lose the other 2 dollars too. I still have some other dollars that I didn't spend on altcoins.
Please feel free to come back to this thread in 3 or 4 years, and if none of my altcoins ever brought me $10,000 profit then I'll admit you were right and I wasted my time and my hundred dollars. Well, it's less than a hundred now since I've already sold some percentages of some coins at a profit, but I may even spend another hundred.
And then the other day when Bitshares PTS turned my 150 coins into 85,000 coins, I sold 1800 of them for about .8BTC. Oh, I guess that means the other 99 altcoins are paid for, maybe you don't need to come back in 4 years since I've spent a total of nothing. And I still have the rest of the coins. It was fun seeing my account value increase by 32BTC overnight, but it didn't last long. Of course, if there were a lot more people on the exchanges, say in 3 or 4 years from now, something like that could go a lot bigger.
But then, if BTC continues to go up in price, that .8BTC could already have made me a thousand dollars. But I'm sure you already know exactly what will happen, and - let me guess - it's not that?
And, for example, if Curecoin even approaches its launch price, which some people already paid and believed it to be worth, then I've been making over $100 a day for the past 3 months. So that adds up to...I guess it would be about $10,000. Of course maybe Curecoin will never see that price again, and I'll be stuck with the fact that all I did was help cure cancer, Alzheimer's, Parkinson's, Huntington's, diabetes, and blindness. I guess them's the breaks.
Anyway, enjoy your 2 pizzas. Hope they were worth 5 million dollars each.
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I'm fine with losing 1 dollar 98% of the time and making a million dollars on the other 2%.
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