Subforum for trading is definitely needed... all these selling 10 000 justminedcoins for 1BTC is killing this part of the forum
Agreed. This is desperately needed. |
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I'm calling scam (not just useless coin) on this entire 'operation'. Pools don't pay out, obvious 'pre mining' for a small group of early adopters and NO early adoption of coin except for forum sales.
Have you tried the FC Simple Pool? I have been using it for 30 hours and have received multiple payouts. Point your cgminer here: http://fpool1.zapto.org:28339I don't think it's a scam. There is no premine, and pools used to pay regular yesterday. Altpool is still working and accepting my shares, though website is under maintance now. Depends heavily on what you call premine. First 5 miners threw something like 5MH @ mining and scraped together millions of coins in hours at ultra low difficulty. Launching an altcoin with 200 block reward and early miners finding 1000s of blocks an hour qualifies as premine to me. There's less than 4 million coins... so you're saying 5 people have all coins? lol if you want to call something a premine look at Mincoin that has 2mnc/block but gave people 500/block the first days worth of blocks, 100/block the 2nd day and 50/block the 3rd Did I ever say 5 people have 'all coin' or are you just mentally challenged? I agree that this coin was a bit unfair. Why was there no notice given? If there's no warning or notice at least make the starting difficulty a little bit higher |
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if it will be on gox, in week it will go up about 100% i think  But i didnt saw any news about LTC in mtgox. 100%? When the rumors started the price already went from $0,80 to $5,50 for a few days... Not strictly true, Litecoin broke $1 quite a few hours before the gox news surfaced, I was on btc-e.com when it happened and when it broke $1 it went on a mini-bull run independently of the mtgox news. Then of course later that day the mtgox news surfaced and it gave it a ridiculous boost. |
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- Closed source
- Created by a profit driven entity
- Centralised
- Still unclear, ambiguous and complicated
- Creators have given themselves 80% of the money supply just because they felt like it. No specific announcements what's going to happen to these 80 billion XRP other than some vague mumblings about giving some more away
- A multitude of suspicious accounts on this forum that are extremely 'pro-Ripple' and were created after Ripple started their XRP giveaway
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Can someone please confirm, is this coin really 4 times faster than Litecoin?Thank you  it is, if i'ld mine LTC in a pool with my current hashrate, or i mine FC, i get about 4.03 times as many FC as LTC What I mean is, when doing Feathercoin transactions are the confirmations 4 times faster than Litecoin's confirmations? Anyone? Does no-one know? No, this is a more abundant version of LiteCoin. I'm not sure how well the network would handle four more times the amount of blocks in a single period. I think something along those lines have been tried before with some issues. Many thanks for the official reply. The cryptocurrency list states: FC FeatherCoin- yet another LTC clone. 4 times more coins, 4 times faster. Is it ok if I post in that topic alerting the author that it's 4 times more coins but not 4 times faster? Or..? Btw I am not bashing the coin, I am creating a topic to buy some later... just want to know the actual facts. |
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Highest I would go is 5 LTC or 0.05 BTC for 1000 FC
I could go 1 LTC per 200 FC or 0.01 BTC per 200 FC.
The block reward it too high, and there just isn't any value in the coin yet (possibly ever?).
According to http://cryptocoinexplorer.com:5750/ there are 3.5 million Feathercoins made already. |
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I really think this system is dangerous, and I am considering setting two accounts so that I can hold deterministic balances of the same IOU issued by different issuers without having to worry to adjust my trust lines all the time to prevent the network to fiddle with my
stuff.
Most people in this forum, although they belong to a pretty geeky democraphics, can't even understand what Ripple really is in spite of there having half a dozen thread a day explaining the details. Do you really expect the average user out there on the Internet to understand the risk of being a liquidity provider, and take the necessary non-trivial steps to assess the counter-party risk of all his trustees, and offset the risk by setting an appropriate fee?
I agree. |
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Can someone please confirm, is this coin really 4 times faster than Litecoin?Thank you it is, if i'ld mine LTC in a pool with my current hashrate, or i mine FC, i get about 4.03 times as many FC as LTC What I mean is, when doing Feathercoin transactions are the confirmations 4 times faster than Litecoin's confirmations? Anyone? Does no-one know? |
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I would like to order 30000 Bytecoin for 3.03 BTC (0.000101 BTC per Bytcoin), and 30000 for 1.5 BTC (0.000050 BTC per Bytecoin).
Thank you
Im suspending my orderbook service because a real exchange should be coming online sometime today. The bteex domain name will be pointed at the real exchange. I see only " We're sorry, but something went wrong." at bteex.com? you should see "Welcome to the Bytecoin Exchange We are currently in pre-alpha, get on the BTC testnet and try it out." I am currently logged in No orders yet |
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Can someone please confirm, is this coin really 4 times faster than Litecoin?Thank you it is, if i'ld mine LTC in a pool with my current hashrate, or i mine FC, i get about 4.03 times as many FC as LTC What I mean is, when doing Feathercoin transactions are the confirmations 4 times faster than Litecoin's confirmations? |
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Can someone please confirm, is this coin really 4 times faster than Litecoin?Thank you
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By that logic, removing the 1 MB max block size, which is going to happen and was advocated by Nakamoto, would make it something other than bitcoin.
by removing the 1MB limit you are not messing up all the old blocks. huge difference. Almost any change can be done without messing up old blocks. In fact, I can't easily imagine one that couldn't be done that way. The more widely adopted a coin is though the more resistance the devs will face to changes which aren't mission critical. |
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Early adopter rewards aren't necessarily a bad thing |
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Simply because the creators want to get rich from it. As I stated above, they kept 20 billion of the 100 billion total XRP.
I thought they kept 80% for themselves? Regardless, there are idiots that are paying 1BTC (yes USD $92) per 10,000 ripples..... Yeah it's 80%. 100 billion XRP total, and they have kept 80 billion. Something like 1% would have been more than enough. Ripple has a lot of money backing it and is strongly profit driven. I hope it fails and an open source alternative springs up. |
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There's only a finite amount of mining resources. The free market will prevail if too many alt currencies get 'released', miners will only flock to the most original coins with the greatest promise.
However, it is going to be interesting to see what happens to the price of Bitcoin when Litecoin goes on mtgox. The general public's faith in Bitcoin may become shaken when they realise there is more than just 'Bitcoin' out there.
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PPCoin has a bigger market capitalisation than Namecoin now and is the third largest coin, behind only Bitcoin and Litecoin.
PPCoin has a very active developer pushing it forward. Namecoin is dead.
Someone also tweeted magictux the mtgox programmer about PPCoin on mtgox, and magictux gave a positive hint.
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I'm interested in learning more about FeatherCoin.
Are the confirmations faster than Litecoin? Does it have any other unique characteristics from Litecoin apart from a larger coin size?
Trying to decide whether this is worth dedicating any mining resources to.
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Just for the record.
In Russian PPC is pronounced "ППЦ". It is abbreviated form (like OMG or WTF in English) of "fucking hell" more or less. I.e. a situation like you've crashed your car and lost your job on the same day. Or your town suffered from nuclear bombing/meteor shower/tsunami/etc.
Nintendo Wii sounds like 'wee' as in 'urine'. It's sold 100 million units world wide and is marketed as a family friendly entertainment system. If an idea is good, the name isn't important. |
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Were you selling mined TRC around late 13 / early 14 April? I missed the 0.1.3.33 upgrade, and at the same time, BTC-e appeared to have missed it too.
I ended up mining on a forked chain, depositing to BTC-e (which they accepted, also being on my fork), and selling for BTC.
Now that they've upgraded, they have locked my account for withdrawls, and say that I now owe them 6921 in "double-spent" TRC.
I "fought" to have my fork win, but I gave up after it fell 200 blocks behind.
It looks like I'm not the only one. I've seen lots of other BTC-e users posting saying that their accounts are also locked for withdrawls. They probably have no clue the fork even occurred.
Now I didn't see this 0.1.3.36 announcement until now. I wonder if BTC-e will see it in time this time...
Damn  |
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