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2861  Alternate cryptocurrencies / Altcoin Discussion / Re: Terracoin is not dead. AKA: I always said fast diff adjust was good. on: April 06, 2013, 01:44:45 AM
You find out if a coin is a winner by stress testing it, and Terracoin has crumbled.

The only unique feature of Terracoin actually breaks it. And even when the difficulty adjustment was fast people would hop on and off and exploit it.
2862  Alternate cryptocurrencies / Altcoin Discussion / Re: Terracoin on: April 06, 2013, 01:36:40 AM
Note, TRC still hasn't been sold yet on BTC-e... Everyone knows that buying in to something dead isn't worth it.

Isn't the reason TRC hasn't been sold yet because without the ability for blocks to be mined, no confirmations can be sent?
That's why he's implying it's worthless because the network grinded to a halt.

Doesn't make for a very efficient payment system
2863  Alternate cryptocurrencies / Altcoin Discussion / Re: CAN SOME ONE GET VRX TO RELEASE PPC TO ADDRESSES!!!! on: April 06, 2013, 01:33:26 AM
NEED TO GET MY PPC NOW
Btw PPC deposits are taking to forever to confirm anyway. I guess a ton of people are flooding the wallet
2864  Alternate cryptocurrencies / Altcoin Discussion / Re: CAN SOME ONE GET VRX TO RELEASE PPC TO ADDRESSES!!!! on: April 06, 2013, 01:32:41 AM
NEED TO GET MY PPC NOW
I wonder why lol  Wink
2865  Alternate cryptocurrencies / Altcoin Discussion / Re: Terracoin on: April 06, 2013, 01:29:48 AM
No, I actually wanted to keep mining something fairly worthwhile. Now, I can't feasibly do that and what I do mine can't really be sold because all the ASICs pretty much gobbled it up and are dumping 10k or more while they leave us with the tattered scraps.


@Nolo, You can count how many I have with two fingers.


Note, TRC still hasn't been sold yet on BTC-e... Everyone knows that buying in to something dead isn't worth it.

I have to agree unfortunately. The sad thing is a lot of the people who buy at btc-e are really clueless about the inner details, I saw one asking what an ASIC was etc..
2866  Alternate cryptocurrencies / Altcoin Discussion / Re: Terracoin on: April 06, 2013, 12:51:39 AM
TRC = broken
2867  Alternate cryptocurrencies / Altcoin Discussion / Re: Terracoin on: April 05, 2013, 11:54:54 PM
Is PPCoin coming up today as well?  Smiley

It's up  Grin
2868  Alternate cryptocurrencies / Altcoin Discussion / Re: Terracoin on: April 05, 2013, 11:51:21 PM
Is PPCoin coming up today as well?  Smiley
2869  Alternate cryptocurrencies / Altcoin Discussion / Re: PPCoin is the only ALTcoin on: April 05, 2013, 11:38:56 PM
>  I had against it have turned out to be baseless.

Uh.  What about the fact that its still centrally controlled by developer announced checkpoints, and that none one the layered complexity seems to address the fundamental issue with PoS that an optimal-rational PoS miner will concurrently mine all the chains he is able, because doing so maximizes his expected income... because nothing is at stake when mining a fork that ultimately fails?

(If you're sensing some frustration from me, it's because I think that "cryptocurrencies" which are just inefficiently implemented centralized systems distract people from working on real, viable, decentralized solutions)

Bitcoin has checkpoints, albeit much less. I think checkpoints are the only way to launch an alt currency Like PPcoin which has a radical new approach, it's for security and Sunny has said they will be phased out gradually (I read somewhere by summer but dont quote me on that).
2870  Alternate cryptocurrencies / Altcoin Discussion / Re: [TRC] No block for 4hours? Everyone out of sync? on: April 05, 2013, 11:22:01 PM
I threw 2 avalons on it for a while. sorry. that quick diff adjust can bite you in the ass huh?

there mined you one more block

1GHXkGhELL7etZ5ooMdndcrczYbLN9N3TZ

Quote
sorry..

-aseras
H0v3pE/BTW/0Aw/kYLoQxuIAHCwitN+5umOEPeY6StR+YNVUYZd3Kn9FEV3bQNAXz1YGPhkx3NholdrSTfe2OzM=

How many coins do you make per hour when the difficulty is decent?   Tongue
2871  Alternate cryptocurrencies / Altcoin Discussion / Re: Last few hours to get TRC before BTC-E...? [Edit: Ignore, Bitparking's extended] on: April 05, 2013, 11:03:19 PM
It's actually kind of lucky TRC isn't being traded now as I'm sure this would have caused some panic sells: https://bitcointalk.org/index.php?topic=168251.0
2872  Alternate cryptocurrencies / Altcoin Discussion / Re: [TRC] No block for 4hours? Everyone out of sync? on: April 05, 2013, 10:51:16 PM
This is too few people mining combined with the difficulty slowly readjusting.

Is that an educated guess or the actual answer?

If the number of people mining drops drastically it causes this? Or...
2873  Alternate cryptocurrencies / Altcoin Discussion / Re: [TRC] No block for 4hours? Everyone out of sync? on: April 05, 2013, 10:04:33 PM
So can you tell us what is going on. Is this a 51% attack?
2874  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitparking PPCoin Exchange [closing] on: April 05, 2013, 09:39:29 PM
Thanks for everything. I bought a lottt of coins from you  Wink

Btw please allow withdrawals for as long as possible, I had some btc laying around on there with no emergency address and I would have been sad if I didn't check this forum until monday and I had lost 'em!
2875  Alternate cryptocurrencies / Altcoin Discussion / Re: VIRCUREX- on: April 05, 2013, 09:36:22 PM
btc-e.com makes hundreds of thousands dollars per month profit and that figure is growing fast. Yes they could steal your coins but that would be like killing the golden goose.

However the smaller an exchange is, the less profit they are making and the more risk there is involved.

Ultimately though you can't trust these exchanges like a bank. And the absolute worst thing you can do is to leave a lot of money laying around on an exchange because if that exchange gets hacked into you will cry. And believe me a lot of exchanges get hacked  Undecided
2876  Alternate cryptocurrencies / Altcoin Discussion / Re: Buying BTE on: April 05, 2013, 09:21:22 PM
Are these really going for 14 cents a coin right now?
2877  Alternate cryptocurrencies / Altcoin Discussion / Re: [TRC] No block for 4hours? Everyone out of sync? on: April 05, 2013, 09:07:38 PM
I guess it could be an attack, OR
simply by this diff ("difficulty" : 66974.93661016,) just no block is found in the last 4 hours and miners abandoned

Hmm... so miners are still hopping on and off depending on the difficulty...
2878  Alternate cryptocurrencies / Altcoin Discussion / Re: PPCoin is the only ALTcoin on: April 05, 2013, 09:06:16 PM
lol @ PPC

yeah no, you're really wasting your time trying to promote ppc
this artificial hype attempt is so hilarious

ppc is just a lame attempt at devaluing the ltc so the btc wont have a solid backup currency acting as a lower denomination

banking shill detected
goback2africa

You produce no arguments or discussion in your post. You shouldn't fear it, it's very different to Litecoin and Bitcoin (both of which I own).

And there is a lot of interest in PPCoin, look at this google trends graphs showing the number of people searching PPCoin vs the number of people searching Terracoin:



(PPCoin has double the amount of searches and is trending upwards heavily).
2879  Alternate cryptocurrencies / Altcoin Discussion / Re: [TRC] No block for 4hours? Everyone out of sync? on: April 05, 2013, 09:00:48 PM
Is it possible this could be the result of an attack?

The other day there was a topic about someone who had >51% of the TRC network hashrate
2880  Alternate cryptocurrencies / Altcoin Discussion / Re: PPCoin is the only ALTcoin on: April 05, 2013, 08:56:19 PM

Yes we are aware there are some problems, one could find a bunch of complaints relating to Bitcoin as well (such as who the heck is the creator?!) but the important thing should be potential. I'd definitely like to hear Sunny address some of these direct complaints because it seems the community is stuck on some minor points and can't move on to see the bigger picture.

I doubt Sunny the developer will address Smoothie, he probably put him on ignore 6 months ago due to his endlessPPCoin trolling (I am semi joking semi serious).
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