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Author Topic: [NEW CURRENCY] Maria 2.0 was banned, here is her proof. The birth of Bytecoin!  (Read 102037 times)
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May 17, 2013, 08:26:25 PM
 #721

**BEWARE**

Byte-Gox has become scammer and started stealing a lot of users coins using his pool and exchange.
Avoid pool.bytecoin.in and exchange.bytecoin.in... They are scam sites.
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May 17, 2013, 10:00:26 PM
 #722

Pool is still paying out

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May 18, 2013, 12:32:28 AM
 #723

Pool is still paying out


Scammed users for 1 week. Paid before and after, but scammed a week of earnings...

Don't be fooled. Byte-Gox is a scammer
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May 18, 2013, 01:02:17 AM
 #724

Why would he only take a week?

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May 18, 2013, 01:11:51 AM
 #725

Why would he only take a week?

He put the front-end of the pool down and told users they could continue mining and would be credited still. He never credited and is now ignoring the situation thus scamming users of the coins they earned during that time.
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May 18, 2013, 01:26:30 AM
 #726

True

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May 20, 2013, 10:48:10 AM
 #727

looking to sell some BTE - I have a few thousand, I think the last price on the exchange before it went down was around 0.0005...?  PM me and I'm sure we can make a deal.

Will

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May 20, 2013, 05:21:09 PM
 #728

looking to sell some BTE - I have a few thousand, I think the last price on the exchange before it went down was around 0.0005...?  PM me and I'm sure we can make a deal.

Will


The network hash rate is pretty slow, and needs to be more stable.  Are you in a position to mine?

I am willing to discuss an exchange rate for newly mined coins that gives you the same BTC income you would have mining them directly.


 

I try to be respectful and informed.
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May 22, 2013, 09:57:05 PM
 #729

looking to sell some BTE - I have a few thousand, I think the last price on the exchange before it went down was around 0.0005...?  PM me and I'm sure we can make a deal.

Will

The network hash rate is pretty slow, and needs to be more stable.  Are you in a position to mine?

I am willing to discuss an exchange rate for newly mined coins that gives you the same BTC income you would have mining them directly.
 

potentially interested if you could set a price of BTE exchange at the rate (difficulty_bytecoin/difficulty_bitcoin) set at time the BTE was mined (currently 35794/11187257 = 0.0032) - as long as for each 1 freshly minted BTE I sell to you at this rate, you take 1 of my current stock of BTE at the same rate.

I think this is mutually beneficial to us both.

Will

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May 22, 2013, 11:52:23 PM
 #730

looking to sell some BTE - I have a few thousand, I think the last price on the exchange before it went down was around 0.0005...?  PM me and I'm sure we can make a deal.

Will

The network hash rate is pretty slow, and needs to be more stable.  Are you in a position to mine?

I am willing to discuss an exchange rate for newly mined coins that gives you the same BTC income you would have mining them directly.
 

potentially interested if you could set a price of BTE exchange at the rate (difficulty_bytecoin/difficulty_bitcoin) set at time the BTE was mined (currently 35794/11187257 = 0.0032) - as long as for each 1 freshly minted BTE I sell to you at this rate, you take 1 of my current stock of BTE at the same rate.

I think this is mutually beneficial to us both.

Will


Since I wrote this, I have run across this following link.  I may decide I want to keep very good records in this process.  http://www.pillsburylaw.com/siteFiles/Media/files/Alert%20-%202013-05-16-%20Consumer%20and%20Retail%20-%20FinCEN%20Issues%20Guidance%20on%20Virtual%20Currency.pdf

Yes, I think pegging the exchange rate that way is mutually fair and transparent.  I can't find my URL for the Bytecoin difficulty levels, so if you can quote a URL for an agreed on reference that would be great.  I am assuming that we can use sipa or blockchain.info to document the bitcoin difficulty.

Do you have a minimum purchase?  (Are other people interested in joining in, to help keep the block generation rate faster than a few a day?)

I have about 10% interest in an Avalon that will mine Bitcoin, so this deal might run for a while once it is delivered and producing.   

Rather than buying old coin at the new rate, I might make a 1 time purchase.  Is your 0.0005 exchange rate above in BTC/BTE?  So...perhaps 3,000 BTE for 1.5 BTC?  How many old coin do you have to sell?







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May 23, 2013, 12:52:45 AM
 #731

I have 20k to sell

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May 23, 2013, 02:59:21 AM
 #732

I have 20k to sell

Will you continue mining?


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May 23, 2013, 03:00:11 AM
 #733

Yes I will I solo mine

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May 23, 2013, 06:30:56 AM
 #734

Rather than buying old coin at the new rate, I might make a 1 time purchase.  Is your 0.0005 exchange rate above in BTC/BTE?  So...perhaps 3,000 BTE for 1.5 BTC?  How many old coin do you have to sell?

Bytecoin difficlty is here
Bitcoin difficulty is here

Just to confirm - are you saying you will accept my newly minted BTE at the exchange rate (difficulty_bytecoin/difficulty_bitcoin) set at time the BTE was mined (currently 35794/11187257 = 0.0032) for an agreed length of time (how long?) - and also take the sale of my current BTE at rate 0.0005 - example 20k BTE for 10 BTC?

Will

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May 23, 2013, 06:39:55 AM
 #735

I wish we had an exchanged

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May 23, 2013, 07:18:17 AM
 #736

looking to sell some BTE - I have a few thousand, I think the last price on the exchange before it went down was around 0.0005...?  PM me and I'm sure we can make a deal.

Will

The network hash rate is pretty slow, and needs to be more stable.  Are you in a position to mine?

I am willing to discuss an exchange rate for newly mined coins that gives you the same BTC income you would have mining them directly.
 

potentially interested if you could set a price of BTE exchange at the rate (difficulty_bytecoin/difficulty_bitcoin) set at time the BTE was mined (currently 35794/11187257 = 0.0032) - as long as for each 1 freshly minted BTE I sell to you at this rate, you take 1 of my current stock of BTE at the same rate.

I think this is mutually beneficial to us both.

Will

Will, do you think there is some value to the bytecoins? What does your crystal ball say?
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May 23, 2013, 03:51:13 PM
 #737

Will, do you think there is some value to the bytecoins? What does your crystal ball say?

I think Bytecoin will have an increase in value as new people find Bitcoin. It's essentially a carbon-copy clone of Bitcoin, and its basically Bitcoin as it was a year or two ago.

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May 23, 2013, 04:11:49 PM
 #738

We need to cut our losses and get behind the work that TacoTime is doing with NetCoin. What we are currently doing with ByteCoin is nothing more that a feeble attempt to ride on Bitcoin's coat-tails... a little pathetic chaps (that includes myself.)
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May 23, 2013, 05:15:31 PM
 #739

We need to cut our losses and get behind the work that TacoTime is doing with NetCoin. What we are currently doing with ByteCoin is nothing more that a feeble attempt to ride on Bitcoin's coat-tails... a little pathetic chaps (that includes myself.)

I disagree.  It is a way to double the transaction capacity, and to focus on a smaller number of industries.  Perhaps coffee merchants, or grocery stores.  It is very, very easy to define an approximate exchange rate based on the difficulty.  Whether or not it was an April 1 item, I still think it has merit.

However, the hash rate has to stay constant.  If people mine it heavily then let the block chain stagnate, it will die.


I try to be respectful and informed.
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May 23, 2013, 06:35:31 PM
 #740

I wish we had an exchanged

And a decent pool.

Keep Your Powder Dry
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