fluffypony
Donator
Legendary
Offline
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
|
|
April 22, 2015, 05:44:59 PM |
|
Just like to point out, that HitBTC is also the only real exchange for Bytecoin, which happens to be Fluffypony's main competition in his role as Monero lead dev (with Monero being a Bytecoin clone). So delisting HitBTC will "memory-hole" Bytecoin's market cap for the benefit of Monero market cap presumably, and this coming from Fluffy on the same day that Bytecoin overtakes Monero on CoinMarketCap, and the same time the other Monero core dev Smooth is very active on the Bytecoin thread accusing it of being an ' abject fraud' I don't know if this is true, and I don't hold any Bytecoin or Monero or use HitBTC, but one has to question the ethics and timing here. The original and comprehensive complaint wasn't from me: https://bitcointalk.org/index.php?topic=199685.msg11032474#msg11032474As I mentioned in the Monero thread, if it incorrectly skews Monero's trade volume, it is doubly important to me that it is removed. Additionally, as Bytecoin is traded on two other exchanges, the removal of HitBTC will have no effect on its valuation and market capitalisation, it will *only* affect its trade volume (and will show reality instead of a false, inflated value).
|
|
|
|
Daedelus
|
|
April 22, 2015, 05:55:45 PM |
|
Hi Gliss, Seeing as 13 of the top 20 assets are on the Nxt platform, can we have an option to dsiplay the prices on the asset page in NXT? > http://coinmarketcap.com/assets/I have an idea of what the asset prices are in my head in NXT but I have to convert from BTC (finding the current rate) to see if the prices have change much. It is very cumbersome and not very useful. Thanks Bump
|
|
|
|
BlockaFett
|
|
April 22, 2015, 06:04:57 PM |
|
Just like to point out, that HitBTC is also the only real exchange for Bytecoin, which happens to be Fluffypony's main competition in his role as Monero lead dev (with Monero being a Bytecoin clone). So delisting HitBTC will "memory-hole" Bytecoin's market cap for the benefit of Monero market cap presumably, and this coming from Fluffy on the same day that Bytecoin overtakes Monero on CoinMarketCap, and the same time the other Monero core dev Smooth is very active on the Bytecoin thread accusing it of being an ' abject fraud' I don't know if this is true, and I don't hold any Bytecoin or Monero or use HitBTC, but one has to question the ethics and timing here. The original and comprehensive complaint wasn't from me: https://bitcointalk.org/index.php?topic=199685.msg11032474#msg11032474As I mentioned in the Monero thread, if it incorrectly skews Monero's trade volume, it is doubly important to me that it is removed. Additionally, as Bytecoin is traded on two other exchanges, the removal of HitBTC will have no effect on its valuation and market capitalisation, it will *only* affect its trade volume (and will show reality instead of a false, inflated value). OK, earlier today you accused the Dash dev Evan Duffield of "mining 15% with his buddies in the first few hours" and when I asked for proof you didn't have any.. Now you are saying that you know that HitBTC's volume is fake so it should be delisted (which anyone can see benefits Monero at this precise time with it's main competitor having 90% of it's volume disappear from CoinMarketCap), but how do you know that the HitBTC volume is fake?
|
|
|
|
BlockaFett
|
|
April 22, 2015, 06:50:40 PM |
|
-snip-
Hello newly registered HitBTC shill, and welcome to Bitcointalk! The evidence presented is a general mounting body thereof. The main issue with the exchange you're shilling for is that the trade volume is clearly false, and users have demonstrated that orders around theirs get sold or bought by the fake volume bot, and yet their orders don't get met. Given that CoinMarketCap relies heavily on data not being manipulated, and HitBTC's volume is so paltry, I can't see a reason not to remove them. Once they've built up an honourable reputation they can be readded. Just like to point out, that HitBTC is also the only real exchange for Bytecoin, which happens to be Fluffypony's main competition in his role as Monero lead dev (with Monero being a Bytecoin clone). So delisting HitBTC will "memory-hole" Bytecoin's market cap for the benefit of Monero market cap presumably, and this coming from Fluffy on the same day that Bytecoin overtakes Monero on CoinMarketCap, and the same time the other Monero core dev Smooth is very active on the Bytecoin thread accusing it of being an ' abject fraud' I don't know if this is true, and I don't hold any Bytecoin or Monero or use HitBTC, but one has to question the ethics and timing here. (earlier today Bytecoin was higher but here are the 2 now) Cut the hand waving, strawman bs. If those were in fact his intentions, none of it makes the bytecoin scam or hitbtc fraud any less true. So who cares what his motivation is. By any motivation the bytecoin scam and hitbtc fraud need to end. The worst he will do is save people from being scammed and defrauded. Would you rather that happen to people because you percieve his motivation as being less than altruistic? I have no idea whether Bytecoin or HitBTC is a scam or not, so I can't comment on whether removing it would be good or not. Fluffy has a reputation for accusing people of scams, especially anything in competition to his project, the claims of some of which are patently spurious. On that basis, in the case that Bytecoin and/or HitBTC is not a scam, motivation for Fluffy's accusation is relevant, and I am providing the information for people here to make a better call.
|
|
|
|
|
BlockaFett
|
|
April 22, 2015, 07:15:20 PM |
|
I don't know, I would assume based on your reputation that this was prior to your Monero engagement and that in some way they were competing with whatever project your were involved with at that time such as trying to raise USD200,000 from Vertcoin investors for a centrally managed Vertcoin payment site. What date did you become lead dev of Monero?
|
|
|
|
BlockaFett
|
|
April 22, 2015, 07:17:06 PM |
|
-snip-
Hello newly registered HitBTC shill, and welcome to Bitcointalk! The evidence presented is a general mounting body thereof. The main issue with the exchange you're shilling for is that the trade volume is clearly false, and users have demonstrated that orders around theirs get sold or bought by the fake volume bot, and yet their orders don't get met. Given that CoinMarketCap relies heavily on data not being manipulated, and HitBTC's volume is so paltry, I can't see a reason not to remove them. Once they've built up an honourable reputation they can be readded. Just like to point out, that HitBTC is also the only real exchange for Bytecoin, which happens to be Fluffypony's main competition in his role as Monero lead dev (with Monero being a Bytecoin clone). So delisting HitBTC will "memory-hole" Bytecoin's market cap for the benefit of Monero market cap presumably, and this coming from Fluffy on the same day that Bytecoin overtakes Monero on CoinMarketCap, and the same time the other Monero core dev Smooth is very active on the Bytecoin thread accusing it of being an ' abject fraud' I don't know if this is true, and I don't hold any Bytecoin or Monero or use HitBTC, but one has to question the ethics and timing here. (earlier today Bytecoin was higher but here are the 2 now) Cut the hand waving, strawman bs. If those were in fact his intentions, none of it makes the bytecoin scam or hitbtc fraud any less true. So who cares what his motivation is. By any motivation the bytecoin scam and hitbtc fraud need to end. The worst he will do is save people from being scammed and defrauded. Would you rather that happen to people because you percieve his motivation as being less than altruistic? I have no idea whether Bytecoin or HitBTC is a scam or not, so I can't comment on whether removing it would be good or not. Fluffy has a reputation for accusing people of scams, especially anything in competition to his project, the claims of some of which are patently spurious. On that basis, in the case that Bytecoin and/or HitBTC is not a scam, motivation for Fluffy's accusation is relevant, and I am providing the information for people here to make a better call. Dark/Dash = instamine scam bytecoin = premine scam Those are facts that have been proven. No amount of denial or fallacious argumentation will undo that. Hitbtc remains to be seen without ambiguity. Sure buddy. Good luck proving Dash is a fraud to a judge, you will get laughed out the door. I don't know anything about Bytecoin apart from according to Monero it is another "xxx scam" (which has zero credibility at this stage)
|
|
|
|
fluffypony
Donator
Legendary
Offline
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
|
|
April 22, 2015, 07:23:21 PM |
|
What date did you become lead dev of Monero?
I am not the lead-anything of Monero, you are quite clearly confused. http://getmonero.org/knowledge-base/people
|
|
|
|
BlockaFett
|
|
April 22, 2015, 08:19:32 PM |
|
lol. sure - eject!
|
|
|
|
fluffypony
Donator
Legendary
Offline
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
|
|
April 22, 2015, 08:46:00 PM |
|
lol. sure - eject! Eject what? I don't get the reference. Either way, your constant deflection only seems to serve the purpose of HitBTC's false volume, not the general good of those visiting CoinMarketCap.com and expecting to see statistics based on real data. Best you stop talking before you sully your reputation any further.
|
|
|
|
CryptoClubber
|
|
April 23, 2015, 08:01:23 AM |
|
Could you please consider adding CryptoClub (CCB)?
Request form already sent.
Regards
|
|
|
|
Gliss (OP)
|
|
April 23, 2015, 12:40:08 PM |
|
If you have evidence of HitBtc faking volume, please present it so I can see what they have to say about it. Definitely do not want skewed numbers on the site. Why is Ripple still being listed? It has nothing to do with decentralized cryptocurrencies. It has frozen $1 million in user funds, its CEO is in bed with the establishment, and he has publicly bashed Bitcoin every chance he got.
Is Ripple paying to be listed in coinmarketcap?
And Stellar is basically the same thing. One good day they even decided to shut down the entire network (proving it wasn't decentralized at all) to fix a bug.
These scamcoins are hurting the ecosystem. You should be ashamed of listing them.
If Ripple was delisted, people who were interested in tracking it would demand to re-list it. Rather than picking and choosing, the policy has always been to list all types of cryptocurrencies and let the market figure it out who are the winners in the space. Could you please consider adding CryptoClub (CCB)?
Request form already sent.
Regards
Checked all 3 exchanges and they are all reporting 0 volume for CCB, so a price cannot be determined. Hi Gliss, Seeing as 13 of the top 20 assets are on the Nxt platform, can we have an option to dsiplay the prices on the asset page in NXT? > http://coinmarketcap.com/assets/I have an idea of what the asset prices are in my head in NXT but I have to convert from BTC (finding the current rate) to see if the prices have change much. It is very cumbersome and not very useful. Thanks Bump Native prices are on the way, haven't forgotten.
|
|
|
|
Daedelus
|
|
April 23, 2015, 12:42:34 PM |
|
Hi Gliss, Seeing as 13 of the top 20 assets are on the Nxt platform, can we have an option to dsiplay the prices on the asset page in NXT? > http://coinmarketcap.com/assets/I have an idea of what the asset prices are in my head in NXT but I have to convert from BTC (finding the current rate) to see if the prices have change much. It is very cumbersome and not very useful. Thanks Bump Native prices are on the way, haven't forgotten. Whoop!
|
|
|
|
|
CryptoClubber
|
|
April 25, 2015, 08:41:52 AM |
|
Could you please consider adding CryptoClub (CCB)?
Request form already sent.
Regards
Checked all 3 exchanges and they are all reporting 0 volume for CCB, so a price cannot be determined. Have you checked LTC market (eg Cryptopia)?
|
|
|
|
|
smooth
Legendary
Offline
Activity: 2968
Merit: 1198
|
|
April 25, 2015, 10:12:00 PM Last edit: April 25, 2015, 11:16:04 PM by smooth |
|
Also Was Darkcoin Instamined? ~2mn coins were issued in the first 48 hours due to problems with the difficulty readjustment. That represents approximately 10-15% of the total money supply that will ever be issued.
That is some sort of semi-official "FAQ" (which overstates the amount of time taken for the instamine, but that's another story) Finally, from the actual official dash site: When we relaunched we had a rush of miners join causing a huge spike of coin production without it being able to adjust the difficulty quick enough, we just ended up spilling out coins. Retargeting happened every 576 blocks and could only increase the difficulty by four times, so it took about six retargets to get to a difficulty that was near 2.5 minutes per block. Later on, after the difficulty evened out we realized that there was a serious problem with the block reward calculation. You can see people discussing the problems here: https://bitcointalk.org/index.php?topic=421615.120I soon fixed this issue at block 4500, but none of us realized the amount of coins that had been issued at the time. At that point we didn’t even have a block explorer yet. There is no question that dash was instamined. Even supporters of the coin have given up denying it and instead claim it doesn't matter. We could argue that, but here is not the place to do so. Either way, it is 100% accurate to display it a such.
|
|
|
|
Armis
|
|
April 26, 2015, 12:24:37 AM |
|
Hi Gliss, Seeing as 13 of the top 20 assets are on the Nxt platform, can we have an option to dsiplay the prices on the asset page in NXT? > http://coinmarketcap.com/assets/I have an idea of what the asset prices are in my head in NXT but I have to convert from BTC (finding the current rate) to see if the prices have change much. It is very cumbersome and not very useful. Thanks Bump Native prices are on the way, haven't forgotten. Whoop! +1 "NXT has grown from an innovative cryptocurrency (CC) to a financial ecosystem. As a currency NXT performs at the upper levels of all ranking charts, as an asset platform NXT has a stable of high performers; and now with NXT’s new Monetary System (MS) more high performance is expected. ..." Gliss, more high performance NXT MS currencies are heading this way ...
|
|
|
|
|
salmion
|
|
April 27, 2015, 01:04:38 PM |
|
Also Was Darkcoin Instamined? ~2mn coins were issued in the first 48 hours due to problems with the difficulty readjustment. That represents approximately 10-15% of the total money supply that will ever be issued.
That is some sort of semi-official "FAQ" (which overstates the amount of time taken for the instamine, but that's another story) Finally, from the actual official dash site: When we relaunched we had a rush of miners join causing a huge spike of coin production without it being able to adjust the difficulty quick enough, we just ended up spilling out coins. Retargeting happened every 576 blocks and could only increase the difficulty by four times, so it took about six retargets to get to a difficulty that was near 2.5 minutes per block. Later on, after the difficulty evened out we realized that there was a serious problem with the block reward calculation. You can see people discussing the problems here: https://bitcointalk.org/index.php?topic=421615.120I soon fixed this issue at block 4500, but none of us realized the amount of coins that had been issued at the time. At that point we didn’t even have a block explorer yet. There is no question that dash was instamined. Even supporters of the coin have given up denying it and instead claim it doesn't matter. We could argue that, but here is not the place to do so. Either way, it is 100% accurate to display it a such. Displaying it as significant premine is hardly accurate. If you must - add another * option instamine or launch issues. An instamine is not a premine.
|
|
|
|
|