bholzer
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August 15, 2013, 02:01:06 PM |
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i think it needs the RED Hot news, within a month there will be over 5,000 sites accepting Redcoin as payment. You're probably chomping at the bit to start dumping those premined coins to make your quick buck. If there are truly some solid services using/accepting Redcoin, though, it's probably worth listing as that makes it somewhat unique amongst this giant pile of newer altcoins. Every once in a while greedy devs can still overcome a premine with force and this may be an example of that.
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r3wt
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August 15, 2013, 02:02:59 PM |
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i think it needs the RED Hot news, within a month there will be over 5,000 sites accepting Redcoin as payment. You're probably chomping at the bit to start dumping those premined coins to make your quick buck. this. trust me man, if you have any conscious at all, you will feel guilty as soon as you dump that premine.
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My negative trust rating is reflective of a personal vendetta by someone on default trust.
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flyingcat
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August 15, 2013, 02:19:25 PM |
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Compared to RED, many inferior and heavier premined coins are listed on the cryptsy. RED is accepted by many commercial sites, it is a serious coin. The dev also gave away coins in several threads, and comparing to the coins mined, the premine coin (1 mil) is nothing.
I don't get why some more heavily premined coins are listed before it in BitJohn's future list.
Also for ELP, it's a good coin, yes it has some premines, but several coins premined more and released more recently than ELP are listed before ELP. I am wondering what is the logics in determining the order to be listed in cryptsy. Coins like Spots, if I remember correctly, the owner did promo in the cryptsy chat and then asked cryptsy not to list it, still it is listed. This is bullshit.
I hope cryptsy will have a public and fair standard in selecting the alt coins.
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Redcoin
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August 15, 2013, 02:38:25 PM |
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You're probably chomping at the bit to start dumping those premined coins to make your quick buck.
I do this for a hobby, i will be buying not selling.
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barwizi
Legendary
Offline
Activity: 882
Merit: 1000
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August 15, 2013, 02:42:03 PM |
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People have discussed adding pennies and the divisibility problem. I believe there are two options that can be used, first the obvious, trade rounded numbers and create a minimum trade limit, such as minimum of 5. Second, you could employ the method used by feeleep's pool, if someone tries to trade something with decimals, the decimal value would then go to the exchanges' wallet. In fact a third option would be to use the two in collab. This would allow the exchange to add a coin with new ideas and many users + allow the exchange to profit from this.
So....ADD PENNIES AND GME.
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bholzer
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August 15, 2013, 02:42:50 PM |
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Compared to RED, many inferior and heavier premined coins are listed on the cryptsy. RED is accepted by many commercial sites, it is a serious coin. The dev also gave away coins in several threads, and comparing to the coins mined, the premine coin (1 mil) is nothing.
I don't get why some more heavily premined coins are listed before it in BitJohn's future list.
Also for ELP, it's a good coin, yes it has some premines, but several coins premined more and released more recently than ELP are listed before ELP. I am wondering what is the logics in determining the order to be listed in cryptsy. Coins like Spots, if I remember correctly, the owner did promo in the cryptsy chat and then asked cryptsy not to list it, still it is listed. This is bullshit.
I hope cryptsy will have a public and fair standard in selecting the alt coins.
I hate to sound like a broken record here, but it's clear ELP isn't going anywhere - you gotta move on, man. I can't think of anything that was recently added to Cryptsy that had no services, 1/4 of the existing coins premined, no giveaways worth mentioning, not a single stratum pool, no innovation, and almost nobody mining it. If I started mining ELP with my single desktop I'd be finding blocks every 2 minutes because the network is on life support. No PoS means I could 51% attack ELP with a single machine in my garage. To top it off, the ELP people have to have the lowest average IQ of any altcoin community in existence. Their responses are frightningly stupid - nothing remotely intelligent has been said by these guys since day 1. The dev ignored my recent suggestions, thereby rendering all of that premined ELP he's clenching to essentially worthless. The greedy dev clearly never cared about anything beyond making fast profit and the ELP community has his back - this coin was DOA.
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Redcoin
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August 15, 2013, 02:48:37 PM |
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yep, 500+k given away so far, most coins that remain i need to keep to support the projects im making, use for bribes and payments etc
meanwhile there is a further 15 million redcoins out there, who has those?
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BitJohn (OP)
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August 15, 2013, 04:02:43 PM |
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Compared to RED, many inferior and heavier premined coins are listed on the cryptsy. RED is accepted by many commercial sites, it is a serious coin. The dev also gave away coins in several threads, and comparing to the coins mined, the premine coin (1 mil) is nothing.
I don't get why some more heavily premined coins are listed before it in BitJohn's future list.
Also for ELP, it's a good coin, yes it has some premines, but several coins premined more and released more recently than ELP are listed before ELP. I am wondering what is the logics in determining the order to be listed in cryptsy. Coins like Spots, if I remember correctly, the owner did promo in the cryptsy chat and then asked cryptsy not to list it, still it is listed. This is bullshit.
I hope cryptsy will have a public and fair standard in selecting the alt coins.
I am wide open as far as coin selection is concerned its public info. Will we add a coin for competitive reasons absolutely we are a for profit company. But for the most part we list coins in order by the list. The lower you get down the list the more unrefined it gets as they have little chance of taking over the top 5 I spend less time ranking them. So RED under elephant doesn't mean one will make it first. The top 5 coins however have a way greater chance of being in the right order. We at Cryptsy are still very concerned about the large amount of Elephants that have died due to us not listing the coin, however the statements are accurate its a non PoS low hashrate coin that we don't see much potential in (beyond elephant rescue operations) ORB oops you got us! Didn't see the premine we liked its intentions promote science sounds great. Once the math was done on the premine we realized it will be 10 years for the miners to pass up the premine. This also means well over 51% of the coin are held by the creator its a proof of stake coin so not good for business. RED coin has potential but again in order to quell the waves of just copy and past throw out coins we have recently begun listing any coin that obviously was made to make profit for a developer alone as its only intent to be ranked lower on the list. My advice is destroy the premines like NVC. As far as spots he asked to be removed so we removed him. Then he asked to be added so we added him. Coin was fair release and has services simple enough. Bring on the questions......
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jonoiv
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August 15, 2013, 04:05:51 PM |
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Compared to RED, many inferior and heavier premined coins are listed on the cryptsy. RED is accepted by many commercial sites, it is a serious coin. The dev also gave away coins in several threads, and comparing to the coins mined, the premine coin (1 mil) is nothing.
I don't get why some more heavily premined coins are listed before it in BitJohn's future list.
Also for ELP, it's a good coin, yes it has some premines, but several coins premined more and released more recently than ELP are listed before ELP. I am wondering what is the logics in determining the order to be listed in cryptsy. Coins like Spots, if I remember correctly, the owner did promo in the cryptsy chat and then asked cryptsy not to list it, still it is listed. This is bullshit.
I hope cryptsy will have a public and fair standard in selecting the alt coins.
I am wide open as far as coin selection is concerned its public info. Will we add a coin for competitive reasons absolutely we are a for profit company. But for the most part we list coins in order by the list. The lower you get down the list the more unrefined it gets as they have little chance of taking over the top 5 I spend less time ranking them. So RED under elephant doesn't mean one will make it first. The top 5 coins however have a way greater chance of being in the right order. We at Cryptsy are still very concerned about the large amount of Elephants that have died due to us not listing the coin, however the statements are accurate its a non PoS low hashrate coin that we don't see much potential in (beyond elephant rescue operations) ORB oops you got us! Didn't see the premine we liked its intentions promote science sounds great. Once the math was done on the premine we realized it will be 10 years for the miners to pass up the premine. This also means well over 51% of the coin are held by the creator its a proof of stake coin so not good for business. RED coin has potential but again in order to quell the waves of just copy and past throw out coins we have recently begun listing any coin that obviously was made to make profit for a developer alone as its only intent to be ranked lower on the list. My advice is destroy the premines like NVC. As far as spots he asked to be removed so we removed him. Then he asked to be added so we added him. Coin was fair release and has services simple enough. Bring on the questions...... Could you add DollarPounds [DPS] Red Dwarf tribute coin to the list please 0 premine
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Signature for hire!
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bholzer
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August 15, 2013, 04:24:40 PM |
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My advice is destroy the premines like NVC.
When I suggested this or, alternately, at least keeping a public ledger (a la CGB) to the Elephantcoin community, responses ranged from, "get out!! nobody asked you to mine this coin!!!11" to "quit badmouthing this coin i like elephants" - it was the strangest collection of responses I've ever seen and from a variety of users. Even the dev got in on the nonsense briefly but never once even attempted to justify the premine with any future plans/projects/etc. Couldn't he at least LIE to me? I'd prefer to be lied to! If you're looking for a chuckle, check out my summary of flyingcat's ELP thread bumps (my post is in the same thread.) Maybe the ELP community is actually made up of insane mutant elephants stoked to dump their coins?! The whole thing would be a laughfest if I hadn't (naively - I was brand new to the scene at the time) mined a ton of ELP. Why wouldn't the community (or even the dev) be interested in saving the currency (even if it means giving up most of the dirty money for the sake of the community) they've devoted so much time to mining and senselessly defending.
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Kujmandosz
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August 15, 2013, 05:10:40 PM |
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Hey Guys, Here is the second store that accepts Cloudcoin. This is a great site with pc games and staff. Go and Check it out: http://www.mtyimport.com/More to come Kujmandosz Please add Cloudcoin
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Lauda
Legendary
Offline
Activity: 2674
Merit: 3000
Terminated.
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August 15, 2013, 11:52:26 PM |
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My advice is destroy the premines like NVC.
When I suggested this or, alternately, at least keeping a public ledger (a la CGB) to the Elephantcoin community, responses ranged from, "get out!! nobody asked you to mine this coin!!!11" to "quit badmouthing this coin i like elephants" - it was the strangest collection of responses I've ever seen and from a variety of users. Even the dev got in on the nonsense briefly but never once even attempted to justify the premine with any future plans/projects/etc. Couldn't he at least LIE to me? I'd prefer to be lied to! If you're looking for a chuckle, check out my summary of flyingcat's ELP thread bumps (my post is in the same thread.) Maybe the ELP community is actually made up of insane mutant elephants stoked to dump their coins?! The whole thing would be a laughfest if I hadn't (naively - I was brand new to the scene at the time) mined a ton of ELP. Why wouldn't the community (or even the dev) be interested in saving the currency (even if it means giving up most of the dirty money for the sake of the community) they've devoted so much time to mining and senselessly defending. The only option after you premined is to keep a public ledger, else smart people won't trust you.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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achillez
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August 16, 2013, 12:30:22 AM |
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Can you pls add pennies?
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Scooby903
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August 16, 2013, 02:54:55 AM |
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yep, 500+k given away so far, most coins that remain i need to keep to support the projects im making, use for bribes and payments etc
meanwhile there is a further 15 million redcoins out there, who has those?
I've probably mined this coin the most with my meager ~930 kH/s and I've generated roughly 200k coins, so a 1 mil premine (which has been mostly given away) doesn't concern me much. Seems to be a coin with a good dev who is keeping everyone informed and giving them new ways to use the coin. +1 For RED
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BitJohn (OP)
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August 16, 2013, 03:50:06 AM Last edit: August 18, 2013, 01:59:50 AM by BitJohn |
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Gamecoins now traded on https://cryptsy.comGamecoin GMEhttps://bitcointalk.org/index.php?topic=263600.0Block rewards2.5 minute block targets 48 blocks (2 hours) to retarget difficulty Difficulty goes down 4 times faster than it goes up to protect against flash miners pushing the difficulty up too far. subsidy halves in 840k blocks (~4 years) ~3360 million total coins 1000 coins per block
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PoolMinor
Legendary
Offline
Activity: 1844
Merit: 1338
XXXVII Fnord is toast without bread
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August 16, 2013, 05:44:22 AM Last edit: August 16, 2013, 05:55:21 AM by PoolMinor |
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Please change this link to the new updated thread. Thanks https://bitcointalk.org/index.php?topic=263600.0
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Btc=C2MF Free BTC Poker Being defeated is often a temporary condition. Giving up is what makes it permanent. -Marilyn vos Savant
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skl1
Newbie
Offline
Activity: 41
Merit: 0
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August 16, 2013, 05:50:10 AM |
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RED have only one problem to be added, - premined coin idea - bayed low on coins-e - super dump inc when added to crypsty. However BIG volume
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skl1
Newbie
Offline
Activity: 41
Merit: 0
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August 16, 2013, 05:53:15 AM |
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Premined coins should stop pop UP at all. Time for them is over. IF you want to make a coin you have to invest real value in it, not just premine in order to cover expenses for creating it.... This probably is not for here but... wanted to share
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barwizi
Legendary
Offline
Activity: 882
Merit: 1000
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August 16, 2013, 06:09:42 AM |
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Pennies?
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SALHERO
Member
Offline
Activity: 112
Merit: 10
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August 16, 2013, 06:27:45 AM |
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pennies, j-coin and copper bar?
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