[ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE

[Catswold]

Yep, off of Cryptsy again. Will probably go up a few cents.

Haha, why would it go up? It can't even stay active on the exchange. What brilliant reasoning you have that: the coins instability on the exchange will increase its value.

Quaint reply. I'm basing my reasoning on the fact that the coin doubled in price during the 24 hours that it was off Cryptsy and it went down when it came back. It's already showing signs of going back up, as a matter of fact.

Past performance is no indicator or guarantee of future performance. Furthermore how can the coin double in value while its not being traded? The value is determined when a buyer & seller agree on a price and a trade occurs. Until then the value is unknown.

I can sit here all day trying to sell my SBC for 1000 USD a coin. And when cryptsy opens back up, I can try to sell my coins for that much. Doesn't mean the value increased.

You have anything constructive to add, or you just here making asinine comments?

[1714213304]

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[1714213304]

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[merc82]

There seems to be two active chains at the moment:

{
    "version" : 1030000,
    "protocolversion" : 60001,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 321249,
    "connections" : 8,
    "proxy" : "",
    "difficulty" : 0.65249858,
    "testnet" : false,
    "keypoololdest" : 1388061182,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "mininput" : 0.00010000,
    "errors" : ""
}

{
    "version" : 1050000,
    "protocolversion" : 1050000,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 314647,
    "connections" : 16,
    "proxy" : "",
    "difficulty" : 7.57905579,
    "testnet" : false,
    "keypoololdest" : 1388106416,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "mininput" : 0.00010000,
    "errors" : ""
}

While i know there was an urgent update request.. Coins-E seems to be on the older version still and is accepting/processing those transactions, while cryptsy is on the new version.. Someone is going to lose some BTC somewhere in this mess.

[cobrabyte]

Yeah, v1.3 is blazing its own blockchain and, unfortunately, those coins will not stick. :/

[filipe3x]

I know Bitember is up and running 1.5 client. http://sbc.bitember.com/

[samo]

Yep, off of Cryptsy again. Will probably go up a few cents.

Haha, why would it go up? It can't even stay active on the exchange. What brilliant reasoning you have that: the coins instability on the exchange will increase its value.

Quaint reply. I'm basing my reasoning on the fact that the coin doubled in price during the 24 hours that it was off Cryptsy and it went down when it came back. It's already showing signs of going back up, as a matter of fact.

Past performance is no indicator or guarantee of future performance. Furthermore how can the coin double in value while its not being traded? The value is determined when a buyer & seller agree on a price and a trade occurs. Until then the value is unknown.

I can sit here all day trying to sell my SBC for 1000 USD a coin. And when cryptsy opens back up, I can try to sell my coins for that much. Doesn't mean the value increased.

True, yet history is not a factor that you ignore as we all know history never repeats itself, ever   . Also Cryptsy is no longer the only exchange that accepts sbc so in essence it is still getting traded but with a lower supply atm since those that are selling on cryptsy cannot atm. Sbc is just beginning to grow allow it to mature before you attempt to demand fruit from a seed that's just starting to take root.

[zavtra]

I think the block explorer may have stopped working for StableCoin. It has question marks all over it on CoinMarketCap.

[Ximp]

The Cryptsy Twitter Account: "StableCoin market paused while we work through some reversals from a recent fork"

[Catswold]

I think the block explorer may have stopped working for StableCoin. It has question marks all over it on CoinMarketCap.

Get their data from Cryptsy.  Cryptsy isn't trading or posting SBC due to the forking situation.  It should all straighten itself out once the 1.5 kicks in at 317000.

What we really need is some UMPH! in hashing power to get us to 317000 more quickly.  Mining is really down right now and rounds are moving slowly.

[Bradlu]

Based upon the current 3.45 minutes per block average over the last 100 blocks it figures we won't get to block 317000 for another 5.2 days.

[Catswold]

Based upon the current 3.45 minutes per block average over the last 100 blocks it figures we won't get to block 317000 for another 5.2 days.

Nothing for it, but to slog our way through it.  Mining has become almost as laborious and unrewarding as when the giant multi-pools were hammering us.  Sadly, that's just the way it has to be.

[Scooby903]

There seems to be two active chains at the moment:

{
    "version" : 1030000,
    "protocolversion" : 60001,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 321249,
    "connections" : 8,
    "proxy" : "",
    "difficulty" : 0.65249858,
    "testnet" : false,
    "keypoololdest" : 1388061182,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "mininput" : 0.00010000,
    "errors" : ""
}

{
    "version" : 1050000,
    "protocolversion" : 1050000,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 314647,
    "connections" : 16,
    "proxy" : "",
    "difficulty" : 7.57905579,
    "testnet" : false,
    "keypoololdest" : 1388106416,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "mininput" : 0.00010000,
    "errors" : ""
}

While i know there was an urgent update request.. Coins-E seems to be on the older version still and is accepting/processing those transactions, while cryptsy is on the new version.. Someone is going to lose some BTC somewhere in this mess.

I lost 10k PXC because of the exact same issue with coins-e 

They keep saying they are working on it, but it's been 4 months (withdrew Sept. 6th).  Another guy on here got burned for 12k PXC through the same issue

[Robert Lewandowski]

SBC not on Cryptsy anymore? Where did it go?

[oncebitcoinedtwiceshy]

SBC not on Cryptsy anymore? Where did it go?

Check their Twitter feed for more

[gnode]

SBC not on Cryptsy anymore? Where did it go?

or read post 1196

[ThePlanBPill]

Hope I didn't lose any coins in this fork. Stopped mining for now. Will switch back when everyone is on the same chain.

[Catswold]

Some interesting, potentially good news on the crypto-currency front:

http://www.coindesk.com/goldman-sachs-director-board-bitcoin-startup-circle/

Don't trust their motives, but having someone of this stature come out in support of bitcoin can't be bad.

. . . and this:

http://www.coindesk.com/arisebitcoin-40-bitcoin-billboards-san-francisco-bay-area/

The more legitimacy bitcoin gets, the better it is for all crypto-currencies

[Catswold]

Hope I didn't lose any coins in this fork. Stopped mining for now. Will switch back when everyone is on the same chain.

All of the major pools are on the correct chain.

Coin-base, cryptopool, and cryptoculture for sure.  I think the euro pool is current as well.  Don't know about the others, but it's easily determined.

[ThePlanBPill]

Hope I didn't lose any coins in this fork. Stopped mining for now. Will switch back when everyone is on the same chain.

All of the major pools are on the correct chain.

Coin-base, cryptopool, and cryptoculture for sure.  I think the euro pool is current as well.  Don't know about the others, but it's easily determined.

Oh good, I'm with coin base. I'll switch back to mining SBC then

[Robert Lewandowski]

SBC not on Cryptsy anymore? Where did it go?

or read post 1196

StableCoin market paused while we work through some reversals from a recent fork




Hmmm interesting lol

[thimo]

The Stablecoin subreddit is being renovated, have a look: http://www.reddit.com/r/StableCoin/