Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
|
|
August 20, 2013, 07:42:23 PM |
|
If we hit block 60k and still haven't heard anything, perhaps the community should take matters into their own hands? I'd be willing to assist with the fork.
I realize Kimoto is probably busy...but this is getting a bit ridiculous. Network speed was down below 10 MH/s at one point and confirmations are sometimes taking days -- there is no reason to continue on like this when there is a simple solution. If this is part of a greater plan to kill the price and scoop up as much MEC as possible before bringing it back to life I think it's gone far enough. Too much time passes between posts by Kimoto. I've seen other devs fork to improve difficulty adjustments within hours of identifying the issues -- what is the explanation for dragging feet?
I have a lot tied up in Megacoin and I'm tired of this frustrating situation. We have the source so maybe it's time to weigh our options. I've seen the value of my Megacoin holdings plummet from around $4100 USD to about $900 USD despite adding even more Megacoins to my portfolio. When you consider how easy the solution was, it's pretty irritating to take a hit like that. I obviously understand the risks and volatility of altcoin markets but the issue here is simply inaction.
If an update hasn't been released by 62k, whether by Kimoto or the community, I'm forking Megacoin regardless of what is decided and we'll see how it plays out.
I am far from a patient person, but Sometimes it pays to have a little fortitude. Volatility can be your friend, so I'm buying MEC now while it's cheap. I don't speak for the good Dr., but if you look at the work that has gone into Megacoin, I think it's safe to assume Kimoto has a plan. More than likely it will have been examined from every angle to make sure it is the perfect solution before it's implemented. If anyone other than Kimoto starts messing with Megacoin, that would be a prime reason to bail. http://www.youtube.com/watch?v=dZANKFxrcKUHe has a point. Forking MEC on your own will be bad for both of them.
|
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
|
|
|
Nordstern
Member
Offline
Activity: 108
Merit: 10
|
|
August 20, 2013, 08:26:03 PM |
|
BTW: does anyone recognize the following in the about tab of Megacoin: "Copyright © 2013-2079 Die Megacoinentwickler" is it only in my version? You have megacoin-0.8.994D? yes, it is megacoin-0.8.994D
|
|
|
|
bholzer
|
|
August 20, 2013, 10:01:42 PM |
|
If we hit block 60k and still haven't heard anything, perhaps the community should take matters into their own hands? I'd be willing to assist with the fork.
I realize Kimoto is probably busy...but this is getting a bit ridiculous. Network speed was down below 10 MH/s at one point and confirmations are sometimes taking days -- there is no reason to continue on like this when there is a simple solution. If this is part of a greater plan to kill the price and scoop up as much MEC as possible before bringing it back to life I think it's gone far enough. Too much time passes between posts by Kimoto. I've seen other devs fork to improve difficulty adjustments within hours of identifying the issues -- what is the explanation for dragging feet?
I have a lot tied up in Megacoin and I'm tired of this frustrating situation. We have the source so maybe it's time to weigh our options. I've seen the value of my Megacoin holdings plummet from around $4100 USD to about $900 USD despite adding even more Megacoins to my portfolio. When you consider how easy the solution was, it's pretty irritating to take a hit like that. I obviously understand the risks and volatility of altcoin markets but the issue here is simply inaction.
If an update hasn't been released by 62k, whether by Kimoto or the community, I'm forking Megacoin regardless of what is decided and we'll see how it plays out.
I am far from a patient person, but Sometimes it pays to have a little fortitude. Volatility can be your friend, so I'm buying MEC now while it's cheap. I don't speak for the good Dr., but if you look at the work that has gone into Megacoin, I think it's safe to assume Kimoto has a plan. More than likely it will have been examined from every angle to make sure it is the perfect solution before it's implemented. If anyone other than Kimoto starts messing with Megacoin, that would be a prime reason to bail. http://www.youtube.com/watch?v=dZANKFxrcKUHe has a point. Forking MEC on your own will be bad for both of them. It isn't the ideal solution -- I couldn't agree more. However, the solution is extremely simple. The issue was clearly identified in July; we're nearing the end of August and nothing has changed. I have faith long-term but I'm losing patience -- I have a Megacoin-centric service I want to launch but the network is so slow 97% of the time that it's unacceptable for use. That's great if you're just rolling the dice on buying and holding but I hitched my project to Megacoin back in July and built up a large cache of Megacoin for use with said project. Last time the reward was reduced, I was almost the only one on the network mining for the first 2 days in the rut -- it's great to be patient but maybe it's time we get slightly more aggressive here, guys. There is no advantage to waiting around on this unless Kimoto is using the fear/panic/doubt to purposely drive the price down for his own purchase. I've been buying cheap MEC from fools for weeks...but at some point you have to start to wonder if maybe you're the fool. I think a month is plenty of time to make some simple changes to the difficulty formula. I have no doubt Kimoto has a plan here (literally zero doubt)...but I'm starting to wonder if it's in our best interest.
|
|
|
|
vtr99
Legendary
Offline
Activity: 1214
Merit: 1000
Never compromise your standards!
|
|
August 21, 2013, 12:35:31 AM |
|
If we hit block 60k and still haven't heard anything, perhaps the community should take matters into their own hands? I'd be willing to assist with the fork.
I realize Kimoto is probably busy...but this is getting a bit ridiculous. Network speed was down below 10 MH/s at one point and confirmations are sometimes taking days -- there is no reason to continue on like this when there is a simple solution. If this is part of a greater plan to kill the price and scoop up as much MEC as possible before bringing it back to life I think it's gone far enough. Too much time passes between posts by Kimoto. I've seen other devs fork to improve difficulty adjustments within hours of identifying the issues -- what is the explanation for dragging feet?
I have a lot tied up in Megacoin and I'm tired of this frustrating situation. We have the source so maybe it's time to weigh our options. I've seen the value of my Megacoin holdings plummet from around $4100 USD to about $900 USD despite adding even more Megacoins to my portfolio. When you consider how easy the solution was, it's pretty irritating to take a hit like that. I obviously understand the risks and volatility of altcoin markets but the issue here is simply inaction.
If an update hasn't been released by 62k, whether by Kimoto or the community, I'm forking Megacoin regardless of what is decided and we'll see how it plays out.
I am far from a patient person, but Sometimes it pays to have a little fortitude. Volatility can be your friend, so I'm buying MEC now while it's cheap. I don't speak for the good Dr., but if you look at the work that has gone into Megacoin, I think it's safe to assume Kimoto has a plan. More than likely it will have been examined from every angle to make sure it is the perfect solution before it's implemented. If anyone other than Kimoto starts messing with Megacoin, that would be a prime reason to bail. http://www.youtube.com/watch?v=dZANKFxrcKUHe has a point. Forking MEC on your own will be bad for both of them. It isn't the ideal solution -- I couldn't agree more. However, the solution is extremely simple. The issue was clearly identified in July; we're nearing the end of August and nothing has changed. I have faith long-term but I'm losing patience -- I have a Megacoin-centric service I want to launch but the network is so slow 97% of the time that it's unacceptable for use. That's great if you're just rolling the dice on buying and holding but I hitched my project to Megacoin back in July and built up a large cache of Megacoin for use with said project. Last time the reward was reduced, I was almost the only one on the network mining for the first 2 days in the rut -- it's great to be patient but maybe it's time we get slightly more aggressive here, guys. There is no advantage to waiting around on this unless Kimoto is using the fear/panic/doubt to purposely drive the price down for his own purchase. I've been buying cheap MEC from fools for weeks...but at some point you have to start to wonder if maybe you're the fool. I think a month is plenty of time to make some simple changes to the difficulty formula. I have no doubt Kimoto has a plan here (literally zero doubt)...but I'm starting to wonder if it's in our best interest. You can be sure all of us Megacoin fans feel your pain and frustration. I don't believe it serves anyone's interest to drive the price down (especially Kimoto), and yes it is a calculated risk buying at what is hopefully the bottom. You are in good company here, because quite a few of us have a lot of time and money invested in Megacoin, and are also feeling impatient. There is still plenty of time before we hit block 63k, and I believe the fix will be in well before that happens. But again, I don't have anymore information than anyone else here. I just don't see Kimoto giving this any less that his best effort. If I recall his recent post correctly, I believe he said the fork is "imminent". This would lead me to believe the fix will be in sooner, rather than later. So here's hoping we all get a nice surprise soon...
|
|
|
|
bholzer
|
|
August 21, 2013, 06:49:23 AM |
|
the good Dr. Kimoto pops in to say hello and puts one's mind at ease
Exactly -- every time he makes a post the frustration that had been building is lifted. I'm just looking for reassurance that the changes are in progress, at least.
|
|
|
|
Lethn
Legendary
Offline
Activity: 1540
Merit: 1000
|
|
August 21, 2013, 07:03:35 AM |
|
I want my coins to stop appearing in batches in the morning lol
|
|
|
|
Mike18feb
|
|
August 21, 2013, 08:23:49 AM |
|
I want my coins to stop appearing in batches in the morning lol That can be easily fixed, put this in your MΣC wallet payment address and no more batches will bother you: MP7ncg4PBPWybjcqmQ3v4tseDiDnuPUYMs
|
<||=||> Rule #1a: Never invest more then you can afford to lose. <||=||> Rule #1b: Never invest all you can afford to lose. <||=||> ............. Whenever someone idly claims a scam, a Bitcoin somewhere dies .............
|
|
|
shellbunner
|
|
August 21, 2013, 04:35:32 PM |
|
If we hit block 60k and still haven't heard anything, perhaps the community should take matters into their own hands? I'd be willing to assist with the fork.
I realize Kimoto is probably busy...but this is getting a bit ridiculous. Network speed was down below 10 MH/s at one point and confirmations are sometimes taking days -- there is no reason to continue on like this when there is a simple solution. If this is part of a greater plan to kill the price and scoop up as much MEC as possible before bringing it back to life I think it's gone far enough. Too much time passes between posts by Kimoto. I've seen other devs fork to improve difficulty adjustments within hours of identifying the issues -- what is the explanation for dragging feet?
I have a lot tied up in Megacoin and I'm tired of this frustrating situation. We have the source so maybe it's time to weigh our options. I've seen the value of my Megacoin holdings plummet from around $4100 USD to about $900 USD despite adding even more Megacoins to my portfolio. When you consider how easy the solution was, it's pretty irritating to take a hit like that. I obviously understand the risks and volatility of altcoin markets but the issue here is simply inaction.
If an update hasn't been released by 62k, whether by Kimoto or the community, I'm forking Megacoin regardless of what is decided and we'll see how it plays out.
I am far from a patient person, but Sometimes it pays to have a little fortitude. Volatility can be your friend, so I'm buying MEC now while it's cheap. I don't speak for the good Dr., but if you look at the work that has gone into Megacoin, I think it's safe to assume Kimoto has a plan. More than likely it will have been examined from every angle to make sure it is the perfect solution before it's implemented. If anyone other than Kimoto starts messing with Megacoin, that would be a prime reason to bail. http://www.youtube.com/watch?v=dZANKFxrcKUHe has a point. Forking MEC on your own will be bad for both of them. I have a Megacoin-centric service I want to launch but the network is so slow 97% of the time that it's unacceptable for use. That's great if you're just rolling the dice on buying and holding but I hitched my project to Megacoin back in July and built up a large cache of Megacoin for use with said project. Just curious, what kind of service are you looking to launch? Thanks.
|
|
|
|
Lethn
Legendary
Offline
Activity: 1540
Merit: 1000
|
|
August 21, 2013, 04:51:23 PM |
|
I want my coins to stop appearing in batches in the morning lol That can be easily fixed, put this in your MΣC wallet payment address and no more batches will bother you: MP7ncg4PBPWybjcqmQ3v4tseDiDnuPUYMs lol nice try
|
|
|
|
kimoto (OP)
|
|
August 22, 2013, 06:24:32 AM |
|
Gooooood morning!
Talk of a blizzard you say? These are very groovy times baby! Yeah! Strong opportunists who passed groundhog day are now building Megacoin services.
There are 3 weeks of fork wiggle room, will bump it in 48 hours.
Adding an additional member to lead the brethren of MΣC. Inquire within the Caves of Kimoto. For your safety, wear a cloak.
Details on Zerocoin will come in the upcoming week.
-Dr. Kimoto Chan
|
|
|
|
vtr99
Legendary
Offline
Activity: 1214
Merit: 1000
Never compromise your standards!
|
|
August 22, 2013, 07:26:29 AM |
|
Gooooood morning!
Talk of a blizzard you say? These are very groovy times baby! Yeah! Strong opportunists who passed groundhog day are now building Megacoin services.
There are 3 weeks of fork wiggle room, will bump it in 48 hours.
Adding an additional member to lead the brethren of MΣC. Inquire within the Caves of Kimoto. For your safety, wear a cloak.
Details on Zerocoin will come in the upcoming week.
-Dr. Kimoto Chan
"The real threat to gold is digital, like bitcoin" Commentary: Bitcoin, or something like it, will be alternative currency Yeah, it's called Megacoin... http://www.marketwatch.com/story/the-real-threat-to-gold-is-digital-2013-07-17
|
|
|
|
ethought
Legendary
Offline
Activity: 1316
Merit: 1000
|
|
August 22, 2013, 08:06:36 AM |
|
Gooooood morning!
Talk of a blizzard you say? These are very groovy times baby! Yeah! Strong opportunists who passed groundhog day are now building Megacoin services.
There are 3 weeks of fork wiggle room, will bump it in 48 hours.
Adding an additional member to lead the brethren of MΣC. Inquire within the Caves of Kimoto. For your safety, wear a cloak.
Details on Zerocoin will come in the upcoming week.
-Dr. Kimoto Chan
Big news! Zerocoin! Cant wait to hear more...
|
|
|
|
Mike18feb
|
|
August 22, 2013, 09:00:59 AM |
|
Gooooood morning!
Talk of a blizzard you say? These are very groovy times baby! Yeah! Strong opportunists who passed groundhog day are now building Megacoin services.
There are 3 weeks of fork wiggle room, will bump it in 48 hours.
Adding an additional member to lead the brethren of MΣC. Inquire within the Caves of Kimoto. For your safety, wear a cloak.
Details on Zerocoin will come in the upcoming week.
-Dr. Kimoto Chan
Groovy times baby?! Omg, Kimoto is Austin Powers! I don't need a cloak for safety in the Caves. I got myself a nice shiny diamond armor and an enchanted diamond sword. No worries. I am seriously curious who the strong opportunists are and what they are brewing. As I said, we need services and opportunities based on MΣC. And exposure to help spread the word.
|
<||=||> Rule #1a: Never invest more then you can afford to lose. <||=||> Rule #1b: Never invest all you can afford to lose. <||=||> ............. Whenever someone idly claims a scam, a Bitcoin somewhere dies .............
|
|
|
|
claycoins
|
|
August 22, 2013, 09:37:22 AM |
|
Gooooood morning!
Talk of a blizzard you say? These are very groovy times baby! Yeah! Strong opportunists who passed groundhog day are now building Megacoin services.
There are 3 weeks of fork wiggle room, will bump it in 48 hours.
Adding an additional member to lead the brethren of MΣC. Inquire within the Caves of Kimoto. For your safety, wear a cloak.
Details on Zerocoin will come in the upcoming week.
-Dr. Kimoto Chan
Dr. Kimoto is always the most eloquent of crypto developers.
|
|
|
|
Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
|
|
August 22, 2013, 10:47:33 AM |
|
Gooooood morning!
Talk of a blizzard you say? These are very groovy times baby! Yeah! Strong opportunists who passed groundhog day are now building Megacoin services.
There are 3 weeks of fork wiggle room, will bump it in 48 hours.
Adding an additional member to lead the brethren of MΣC. Inquire within the Caves of Kimoto. For your safety, wear a cloak.
Details on Zerocoin will come in the upcoming week.
-Dr. Kimoto Chan
Excellent news Kimoto. Is there any way to get a hold of you? Some email or something where you're more active. I know a dev or two who would like to talk some things over.
|
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
|
|
|
blarg
|
|
August 22, 2013, 11:31:32 PM |
|
mmmm megacoin lows are delicious
|
|
|
|
|
Lethn
Legendary
Offline
Activity: 1540
Merit: 1000
|
|
August 23, 2013, 06:13:16 AM |
|
Excellent, I don't know what you did but Megacoins are now flowing into my wallet at a fairly normal pace now
|
|
|
|
vtr99
Legendary
Offline
Activity: 1214
Merit: 1000
Never compromise your standards!
|
|
August 23, 2013, 06:50:17 AM |
|
mmmm megacoin lows are delicious Think I'll do a little last minute shopping at Cryptsy.
|
|
|
|
|