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Author Topic: [NEW: WAR OF LIFE GAME!] The Real Altcoin [SHA-256]  (Read 36649 times)
ThickAsThieves
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February 01, 2014, 12:10:02 AM
Last edit: July 11, 2014, 02:07:02 AM by ThickAsThieves
 #1

Altcoin (ATC)

The REAL Altcoin



http://therealaltcoin.org/altcoin-v1.zip
(Source: https://github.com/therealaltcoin/altcoin) Port is 9336, and 9335 is RPC.

Block Explorer (thank you Blockr, you rock!) http://atc.blockr.io/

Exchange:
https://x-bt.com/markets/atcbtc
Please vote to have ATC open for trading at http://hitbtc.com/vote/

Games:
http://atc.waroflife.com/
http://www.satoshijack.com/

Why should you mine Altcoin?

1. Unique Value Proposition - Altcoin is the first alternative to Bitcoin that serves a purpose: to simplify the entire Altcoin market and allow everyone to finally focus on ONE coin.

2. Higher Security - Have YOU ever validated the code of your altcoin wallets. Who knows what kind of backdoors and viruses they install!?

3. Lower Risk - Once everyone stops mining other coins and mines Altcoins, you won't have to worry about price fluctuations, liquidity, etc ... because it's virtually priceless!

4. Faster Transactions - Because so many people will simplify their lives by mining Altcoin instead of other coins, you can count on a robust and fast network of miners to process everything quickly.

5. Lower Overhead - If you run a mining farm (as in, you don't live under a rock), then you know that pointing your farm at the latest trendy virtual currency is a pain in the toosh. Now you can stop wondering if that pool is real, or whether withdrawals will work for every new coin. Just mine Altcoin!

6. Compatibility - Altcoin uses SHA256, which is supported by most cryptocurrency miners in the world!



Proof of Work Algorithm: SHA256

Block Rate (in seconds): 512

Initial value per block: 512

Block halving rate: 262144

Maximum coins: 268435456 ATC

Pre-mine: 0



IRC: Freenode #altcoin

Pools:
http://atc.pitythepool.com
http://coinminer.net:19982/static/  1% fee  hosted by RobRoy

Twitter: @therealaltcoin
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ThickAsThieves
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February 01, 2014, 12:11:46 AM
 #2

Also don't worry about pre-mining, I promise to NEVER mine Altcoins.
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February 01, 2014, 12:12:42 AM
 #3

A real altcoin would have source



YOU CAN ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
PLAY or INVEST


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Rainbot
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February 01, 2014, 12:14:57 AM
 #4

Ugliest logo
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February 01, 2014, 12:15:20 AM
 #5

coingen? I'll pass.
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February 01, 2014, 12:15:38 AM
 #6

Lol
ThickAsThieves
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February 01, 2014, 12:16:21 AM
 #7

Ugliest logo

I can make it prettier, for sure, but that'll just make it popular more quickly...
ThickAsThieves
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February 01, 2014, 12:17:06 AM
 #8

coingen? I'll pass.

Are you racist or something?
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February 01, 2014, 12:19:38 AM
 #9

I am very interested.
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February 01, 2014, 12:20:52 AM
 #10

I like to act slow.
ThickAsThieves
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February 01, 2014, 12:23:08 AM
 #11

I like to act slow.

It was just a suggestion! Altcoin doesn't really care, it's the altcoin of honey badgers.
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February 01, 2014, 12:24:52 AM
 #12

If you can't connect, add to ~/.altcoin/altcoin.conf

Code:
addnode=188.165.216.59



14AscJg41qGahSdTjhNKoN2UHJmBkVcirr
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February 01, 2014, 12:28:57 AM
 #13

I like to act slow.

It was just a suggestion! Altcoin doesn't really care, it's the altcoin of honey badgers.

Yep. That badger's really gonna come bitin' in a few weeks.  Wink

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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February 01, 2014, 12:40:24 AM
 #14

https://www.virustotal.com/en/file/a4fa9abb700ff4023e9ba497eb5d0824877fdf06ca04e9a9199cd8f1b574696f/analysis/1391215127/
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February 01, 2014, 12:51:19 AM
 #15

this is the next asicminer

Wow! Over one hundred blocks mined! Such Altcoin! Much better!

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February 01, 2014, 12:56:06 AM
 #16

New logo posted!

To the moon!
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February 01, 2014, 01:01:39 AM
 #17

we should promote this coin as "The first coingen coin of value"  Cool

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February 01, 2014, 01:03:27 AM
 #18

New logo posted!

To the moon!

How do you mine?
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February 01, 2014, 01:16:53 AM
 #19

Big Vern told me he is adding this to Cryptsy tomorrow.
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February 01, 2014, 01:18:54 AM
 #20

Big Vern told me he is adding this to Cryptsy tomorrow.


coblee told me it's already in Coinbase code and ready to go

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February 01, 2014, 01:20:35 AM
 #21

Wow this is going to the moon for sure. I am even pointing my scrypt farms to this coin.
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February 01, 2014, 01:21:22 AM
 #22

We're close a one block per second. I hear ASICMINER is switching its datacenter RIGHT NOW.

Someone must have put a nice big rig on it  Wink

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February 01, 2014, 01:21:33 AM
 #23

Big Vern told me he is adding this to Cryptsy tomorrow.


coblee told me it's already in Coinbase code and ready to go

just bought 500k on coindup. get on my lvl!

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February 01, 2014, 01:23:13 AM
 #24

Expect bitcoin difficulty to drop 25%
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February 01, 2014, 01:30:53 AM
 #25

How to solo mine The REAL Altcoin

Get your altcoin.conf file to be like this:

Code:
rpcuser=lol
rpcpassword=cat
rpcallowip=127.0.0.1
rpcport=9527
daemon=1
server=1
# you also might want this:
addnode=188.165.216.59

Restart the client (-qt or d, does not matter)

Run bfgminer:
Code:
bfgminer -o http://localhost:9527 -u lol -p cat --coinbase-addr YOURADDRESS

Might be the same for cgminer, I don't know.

Donations accepted: 1PonZioHc2gKHhSx3mbXD2tfahJh2vefSi (for Altcoin, not Bitcoin, though both will work I guess)

Wow!  I just solo mined 17 blocks with my CPU
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February 01, 2014, 02:17:06 AM
 #26

To da moon indeed.

Everyone should mine this.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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February 01, 2014, 03:04:31 AM
 #27

What is diff?
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February 01, 2014, 03:06:35 AM
 #28

And can I mine with gpu?
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February 01, 2014, 03:11:53 AM
Last edit: February 01, 2014, 12:54:19 PM by minerpumpkin
 #29

Can't believe I'd ever say this but the difficulty is too high. Blocks don't get through right now Tongue

edit: I mean low... geez, needed to get some sleep!

I should have gotten into Bitcoin back in 1992...
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February 01, 2014, 03:44:57 AM
 #30


Why should you mine (and hoard) Altcoin?

1. Unique Value Proposition - Altcoin is the first alternative to Bitcoin that serves a purpose: to simplify the entire Altcoin market and allow everyone to finally focus on ONE coin.


None of your points make any sense. What is the value of mining this coin over any other coin?
Whats the difference between everyone dropping every other coin to only mine this coin and everyone mining lets say dogecoin?

All of your points in the OP have no valid arguments in them. No one wants another SHA256 coin unless they have an ASIC or some block erupters lieing around. Even then, there are more interesting SHA256 coins with actual features to mine.
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February 01, 2014, 03:49:36 AM
 #31

Whats the difference between everyone dropping every other coin to only mine this coin and everyone mining lets say dogecoin?

The difference is that you'd be mining the wrong coin.

All altcoins are altcoins, but only one altcoin is Altcoin.




Dogecoin's logo is ugly anyway. Yeah, I said it.


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February 01, 2014, 03:51:48 AM
 #32

The difference is that you'd be mining the wrong coin.

All altcoins are altcoins, but only one altcoin is Altcoin.




Dogecoin's logo is ugly anyway. Yeah, I said it.

It's not ugly, it's just stupid. And fat.

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February 01, 2014, 03:57:20 AM
 #33

Big Vern told me he is adding this to Cryptsy tomorrow.


coblee told me it's already in Coinbase code and ready to go

now all we need is the Winklevoss twins to announce an IPO

My negative trust rating is reflective of a personal vendetta by someone on default trust.
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February 01, 2014, 03:59:49 AM
 #34


Why should you mine (and hoard) Altcoin?

1. Unique Value Proposition - Altcoin is the first alternative to Bitcoin that serves a purpose: to simplify the entire Altcoin market and allow everyone to finally focus on ONE coin.


None of your points make any sense. What is the value of mining this coin over any other coin?
Whats the difference between everyone dropping every other coin to only mine this coin and everyone mining lets say dogecoin?

All of your points in the OP have no valid arguments in them. No one wants another SHA256 coin unless they have an ASIC or some block erupters lieing around. Even then, there are more interesting SHA256 coins with actual features to mine.

You failed to read between the lines. This thread is satyrical genius. the comedy is the way it mocks the "sales pitch" of 99% of the altcoins released lately. Its poking fun at how obvious the scams are, and the fact the only people mining these new coins for the most part is the scammers and their sock puppets.

My negative trust rating is reflective of a personal vendetta by someone on default trust.
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February 01, 2014, 04:02:20 AM
 #35

I'm going to mine this for some unknown reason...... but did you just buy and make a generic coin or did you sift though coins that are in the pending/verified list.....?

I'd really like to know..
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February 01, 2014, 04:08:21 AM
 #36

source code?   github?

Psst!!  Wanna make bitcoin unstoppable? Why the Only Real Way to Buy Bitcoins Is on the Streets. Avoid banks and centralized exchanges.   Buy/Sell coins locally.  Meet other bitcoiners and develop your network.   Try localbitcoins.com or find or start a buttonwood / satoshi square in your area.  Pass it on!
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February 01, 2014, 04:15:15 AM
 #37

http://coingen.bluematt.me/build/761afffd.zip

one coin for eat, please
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February 01, 2014, 04:17:42 AM
 #38

Just download the wallet from the link, make your .conf file as usual and add the node addnode=188.165.216.59 to the .conf
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February 01, 2014, 04:20:45 AM
 #39

I sent an email to bluematt to obtain the source code so I can share it.

Working on getting a website up at TheRealAltcoin.org too.
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February 01, 2014, 04:20:59 AM
 #40

Whats the difference between everyone dropping every other coin to only mine this coin and everyone mining lets say dogecoin?

The difference is that you'd be mining the wrong coin.

All altcoins are altcoins, but only one altcoin is Altcoin.




Dogecoin's logo is ugly anyway. Yeah, I said it.




TAT  - are you drunk? (I mean that in the best possible way)
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February 01, 2014, 04:22:17 AM
 #41

no source code in there.  I only run what I build.

I hope y'all that run these types of binaries sight unseen are taking the appropriate precautions to protect your coins in other wallets.

just sayin.


Psst!!  Wanna make bitcoin unstoppable? Why the Only Real Way to Buy Bitcoins Is on the Streets. Avoid banks and centralized exchanges.   Buy/Sell coins locally.  Meet other bitcoiners and develop your network.   Try localbitcoins.com or find or start a buttonwood / satoshi square in your area.  Pass it on!
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February 01, 2014, 04:24:32 AM
Last edit: February 01, 2014, 04:38:15 AM by Nthused
 #42

Finding Accepted Blocks, Depositing & Confirming to Altcoin wallet, wooooo lmao !
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February 01, 2014, 04:43:39 AM
 #43


It's happening!

www.TheRealAltcoin.org
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February 01, 2014, 04:58:18 AM
 #44

Big Vern told me he is adding this to Cryptsy tomorrow.


I'll buy 10btc worth at least.

Maybe I'll make a BitBet about it getting listed!
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February 01, 2014, 05:04:58 AM
 #45

and still No block source available

one coin for eat, please
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February 01, 2014, 05:06:22 AM
 #46

and still No block source available

Working on it!
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February 01, 2014, 05:15:14 AM
 #47

my adress 1KMX98fNX6twbzpgbfVQSjWFPixR19i1CZ


Yes i'm very noob but i'll just want to test the solo mining for know how its work.
i use other crypto but never tested solo

one coin for eat, please
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February 01, 2014, 05:22:18 AM
 #48


Donations accepted: 1PonZioHc2gKHhSx3mbXD2tfahJh2vefSi (for Altcoin, not Bitcoin, though both will work I guess)



 Grin Grin Grin Cheesy Cheesy Cheesy


this thread...so much win





zomg..... . who can mine it first and faster. it's a race



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February 01, 2014, 05:37:15 AM
 #49


Okay we need a slogan.

If I've learned anything about anything, it's that this forum has the best opinions on pretty much everything.

So let me know if you like any of these, and if you choose the one I like I'll use it!



ALTCOIN

"It's Virtually Priceless"

"Stop Wasting Your Time"

"Never Mine Another Altcoin Again"



I think these are witty ways to communicate the real value potential Altcoins have!
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February 01, 2014, 05:40:44 AM
 #50

"Never Mine Another Altcoin Again" seems to suit the coin a lot more than the others.
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February 01, 2014, 05:44:15 AM
 #51



(by the way, you almost got me there - I'm still not 100% sure whether the dev is joking or missing every clue Wink )
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February 01, 2014, 06:15:33 AM
Last edit: February 01, 2014, 06:56:37 AM by Nthused
 #52

Selling 60K ATC (Altcoin) for Fedoracoin (TIPS) !
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February 01, 2014, 06:20:17 AM
 #53

This is the real altcoin.
I think i need to hoard this coin for 100 year.
I will buy an island with this coin.

Anyone insterested selling this coin to me?
I will buy your valuable altcoin with good price.
1 Million altcoin for 1 doge.


I am not scammer. I will send first my doge.

PM me if you are interested

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February 01, 2014, 06:23:03 AM
 #54

Charts don't lie.

http://www.google.com/trends/explore#q=altcoin&cmpt=q
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February 01, 2014, 06:28:13 AM
 #55

We need a pool  Undecided
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February 01, 2014, 06:31:23 AM
 #56

Should offer up a bounty for someone to host a Pool.
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February 01, 2014, 06:34:29 AM
 #57

Nor does coinwarz lie! #1 profitable coin already!

http://i.imgur.com/0lOZWw2.png
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February 01, 2014, 06:36:46 AM
 #58

no pool Huh
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February 01, 2014, 07:18:48 AM
 #59

create pool please.  i want join


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February 01, 2014, 07:27:18 AM
 #60

"the real altcoin"

sha256


LOL
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February 01, 2014, 08:05:52 AM
 #61

Real Altcoin. LOL

nice one.
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February 01, 2014, 08:07:43 AM
 #62

It has to be done this is the future
I fully support the altcoin  Wink
Ah I needed that  Cheesy
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February 01, 2014, 08:12:48 AM
 #63

Interesting.

TAT, what is the ETA of a mining pool for this?

BTC: 19dB148YewttZRVwF7WF8ZuT7uqnnjibkC
LTC: LPBi1LPqs1MY1tQKQ4wGG6gjwrcszFek6s
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February 01, 2014, 08:45:14 AM
 #64

yeah it's work in solo mode

Thanks.



But one question, how to do with my block erupter ?

one coin for eat, please
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February 01, 2014, 08:47:53 AM
 #65

its to bad the source isn't available on github. this one might be worthy of listing. Grin

My negative trust rating is reflective of a personal vendetta by someone on default trust.
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February 01, 2014, 08:50:34 AM
 #66

yep, i try just to learn solo mine..... more information about block reward, time etc... are welcome.

i mine always in pool and with guiminer.... bfgminer is an another world  Grin

one coin for eat, please
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February 01, 2014, 09:07:51 AM
 #67

After 4 hours I just got my first block  Cheesy

I've been hitting blocks heaps since Launch (multiple blocks a minute) with my 3Gh/s Setup
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February 01, 2014, 09:09:55 AM
 #68

100k of ATC (Altcoins) for sale in exchange for 2Mil Fedoracoin (TIPS)
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February 01, 2014, 09:12:47 AM
 #69

and with my poor 4870  Sad

one coin for eat, please
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February 01, 2014, 09:17:35 AM
 #70

When will be pool?
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February 01, 2014, 10:03:19 AM
 #71

"the real altcoin"

sha256


LOL
and asic resistant

one coin for eat, please
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February 01, 2014, 10:14:47 AM
 #72

diff 16.8M
wtf?
passed only 9 hours
algoritm scypt or sha256?
I shows in cgminer kh/s

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February 01, 2014, 10:20:53 AM
 #73

I am getting "No suitable long-poll found for localhost" error.  Smiley
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February 01, 2014, 10:21:48 AM
 #74

We're close a one block per second. I hear ASICMINER is switching its datacenter RIGHT NOW.


here the answer

one coin for eat, please
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February 01, 2014, 10:29:15 AM
 #75

blabla...
2. Higher Security - Have YOU ever validated the code of your altcoin wallets. Who knows what kind of backdoors and viruses they install!?
blabla...


Come on, get a brain, find some real differentiator ... your coin is just yet another crap showing your lack of innovation ...
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February 01, 2014, 10:33:55 AM
 #76

Now we have the only SHA-256 Altcoin. We need the only scrypt-altcoin also.  Smiley
(Or shall we leave this to Litecoin?)
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February 01, 2014, 10:47:36 AM
 #77


I don't think this coin is profitable and live but OP mark a point on the search engine

one coin for eat, please
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February 01, 2014, 11:33:24 AM
 #78

Trading Altcoins, anyone ?
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February 01, 2014, 11:57:14 AM
 #79


I don't think this coin is profitable and live but OP mark a point on the search engine

Interest is quite stable.  Wink
http://www.google.com/trends/explore#q=altcoin&date=today%203-m&cmpt=q
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February 01, 2014, 12:17:03 PM
 #80


Are you retard or don't you get that the interest from that search is going into alt in general rather than into this shit and unsupported clone ?
I just hope you aren't and that you just are only trying  pumping and dumpîng this shit.

nobodyis mining or searching for this , you know ?
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February 01, 2014, 12:52:40 PM
 #81


Are you retard or don't you get that the interest from that search is going into alt in general rather than into this shit and unsupported clone ?
I just hope you aren't and that you just are only trying  pumping and dumpîng this shit.

nobodyis mining or searching for this , you know ?


FUDster. Do you work for JP Morgan or something?

You can't name 1 altcoin that serves a better purpose than Altcoin. (This is a statement of fact, not a request).

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February 01, 2014, 01:04:24 PM
 #82


Are you retard or don't you get that the interest from that search is going into alt in general rather than into this shit and unsupported clone ?
I just hope you aren't and that you just are only trying  pumping and dumpîng this shit.

nobodyis mining or searching for this , you know ?

Sigh... Sometimes even obvious irony is not obvious...
And somebody (that means more than zero people) is mining this. Otherwise there would not be increase in difficulty, you know.
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February 01, 2014, 01:12:06 PM
 #83

cannot get sole mining to work.  any idea what i type into cgiminer?

USDe - GYWpEVSNJMdiirfx5fxqrY6rJGnLtsFDJV

★★★  USDe    THE FREE PEOPLE'S CURRENCY  ★★★
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February 01, 2014, 01:32:32 PM
 #84

Attempting to mine, but it says "no server could be used".
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February 01, 2014, 01:43:24 PM
 #85


Are you retard or don't you get that the interest from that search is going into alt in general rather than into this shit and unsupported clone ?
I just hope you aren't and that you just are only trying  pumping and dumpîng this shit.

nobodyis mining or searching for this , you know ?

Sigh... Sometimes even obvious irony is not obvious...
And somebody (that means more than zero people) is mining this. Otherwise there would not be increase in difficulty, you know.

Irony has already been visited and revisited here . So, if that is the purpose , this coin is definitely performing very bad once again.
 But yes, try again, please ><
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February 01, 2014, 02:09:33 PM
 #86

ACTIVE POOOL LINK !?!?! HOW CAN WE START MINE THIS!?
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February 01, 2014, 02:17:05 PM
 #87

Altcoin knows not of irony, it is biased only unto itself.

You can deny Altcoin for as long as you want, but it will be waiting when you are ready.

--

Once I get my hands on the source, maybe we'll do some bounties for pools and customizations.
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February 01, 2014, 02:20:22 PM
 #88

All other pretenders to the altcoin designation must be assimilated. Resistance is futile.
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February 01, 2014, 02:26:29 PM
 #89

Change to jane-scrypt/scrypt and you win.
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February 01, 2014, 02:31:23 PM
 #90

Lets have some fun!

Short auction for the first litecoin to altcoin transaction.

I have 1 Litecoin I will trade for altcoin. Highest number of altcoins offered for a Litecoin by 5pm today EST gets the Litecoin.

My altcoin address: 1MyVyam3yCgPk8ZS2BB6bKDPiDq6E4djB5

Bid often and bid high!
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February 01, 2014, 02:31:50 PM
 #91

Change to jane-scrypt/scrypt and you win.

And be like every other altcoin? No, Altcoin is unique.
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February 01, 2014, 02:32:31 PM
 #92

Code:
Strategy............... Failover
Is current pool........ True
Is alive............... True
Is enabled............. True
Pool elapsed........... 9 min, 5 sec  (~100.0%)
Mining elapsed......... 9 min, 5 sec
Getworks............... 108
Accepted............... 0
Rejected............... 0  (0.0%)
Stale.................. 0  (0.0%)
Discarded.............. 51
Get Failures........... 0
Remote Failures........ 0
Long Poll.............. False

Are these numbers normal for solomining? Never solomined before, so I don't know if that's a problem if I have 0 accepted shares..
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February 01, 2014, 02:35:54 PM
 #93

Shares don't make sense in solo mining, you either find a block or you don't. So yes, it's OK.

thanks!
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February 01, 2014, 02:36:35 PM
 #94

Why my Altcoin windows wallet said "No block source available..." Huh

Also i have a problem for mining solo, i created a file called "altcoin.conf" into the install dir, but nothing happend, my fire-wall said Altcoin are listening on the port 9336, but in my config file the port is 9527.

Anyone can help me?

Careful XC anonymous coin is a scam
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February 01, 2014, 02:45:25 PM
 #95

I have 1 Litecoin I will trade for altcoin. Highest number of altcoins offered for a Litecoin by 5pm today EST gets the Litecoin.
Who would want that? Altcoin is going to bury this litecoin you speak of.

You are correct. Auction officially ended. My worthless litecoin has no value when compared to Altcoin. In fact, I am deleting my wallet.dat for my litecoins to free up hard drive space to make room for all of my Altcoins.
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February 01, 2014, 02:46:14 PM
 #96

Why my Altcoin windows wallet said "No block source available..." Huh

Also i have a problem for mining solo, i created a file called "altcoin.conf" into the install dir, but nothing happend, my fire-wall said Altcoin are listening on the port 9336, but in my config file the port is 9527.

Anyone can help me?
Did you add the addnode= line?
There are two ports, the listening port for the P2P network, and the RPC port. The config only sets the RPC port, which you need to solo mine.

My config file is the same than your example:

Quote
rpcuser=admin
rpcpassword=12345
rpcallowip=127.0.0.1
rpcport=9527
daemon=1
server=1

addnode=188.165.216.59

My fire-wall said i have no connection or listening on the port 9527 and when i try to solo mining it dont work.

My wallet said: No block source available [ 15 hours(s) behind ]

So i can't make anything.

Careful XC anonymous coin is a scam
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February 01, 2014, 02:55:58 PM
 #97

Now it work fine.

I moved my config file from:

C:\Program Files (x86)\Altcoin\altcoin.conf

to

C:\Users\Phobos\AppData\Roaming\Altcoin\altcoin.conf

Now my wallet work and solo mining too Smiley

Thank anyway Smiley

Careful XC anonymous coin is a scam
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February 01, 2014, 03:01:00 PM
 #98

Now it work fine.

I moved my config file from:

C:\Program Files (x86)\Altcoin\altcoin.conf

to

C:\Users\Phobos\AppData\Roaming\Altcoin\altcoin.conf

Now my wallet work and solo mining too Smiley

Thank anyway Smiley

That fixed mine too.
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February 01, 2014, 03:13:18 PM
 #99

mining with bfg miner seems borked somehow. Its reading longpoll and everything but for some reason it can no longer see my usb block erupters as valid devices. only device listed is OCL, and that ain't doin squat. hmmmmm.
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February 01, 2014, 03:19:21 PM
 #100

Lets have some fun!

Short auction for the first litecoin to altcoin transaction.

I have 1 Litecoin I will trade for altcoin. Highest number of altcoins offered for a Litecoin by 5pm today EST gets the Litecoin.

My altcoin address: 1MyVyam3yCgPk8ZS2BB6bKDPiDq6E4djB5

Bid often and bid high!

Since this is the REAL Altcoin, it makes sense to value it the same as Litecoin. 
I offer 1 Altcoin for 1 Litecoin  (This post may be like the 10,000 bitcoin pizza in a few years so save it)
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February 01, 2014, 03:20:24 PM
 #101

Hmmm... it seem to found no block " <null> ":



That's normal?

Careful XC anonymous coin is a scam
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February 01, 2014, 03:24:37 PM
 #102

mining with bfg miner seems borked somehow. Its reading longpoll and everything but for some reason it can no longer see my usb block erupters as valid devices. only device listed is OCL, and that ain't doin squat. hmmmmm.

Got it, -S all.

Forgot that. 3GH/s pointed at altcoin!
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February 01, 2014, 03:26:25 PM
 #103

Lets have some fun!

Short auction for the first litecoin to altcoin transaction.

I have 1 Litecoin I will trade for altcoin. Highest number of altcoins offered for a Litecoin by 5pm today EST gets the Litecoin.

My altcoin address: 1MyVyam3yCgPk8ZS2BB6bKDPiDq6E4djB5

Bid often and bid high!

Ok, I offer 2 ALT for 1 LTC.

Is there abe (blockchain explorer) for Altcoin yet?
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February 01, 2014, 03:31:16 PM
 #104

Lets have some fun!

Short auction for the first litecoin to altcoin transaction.

I have 1 Litecoin I will trade for altcoin. Highest number of altcoins offered for a Litecoin by 5pm today EST gets the Litecoin.

My altcoin address: 1MyVyam3yCgPk8ZS2BB6bKDPiDq6E4djB5

Bid often and bid high!

Ok, I offer 2 ALT for 1 LTC.

Is there abe (blockchain explorer) for Altcoin yet?

Auction ended due to it being pointed out that litecoins are worthless in the face of altcoins.
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February 01, 2014, 03:33:29 PM
 #105

I'll give it a shot...

AltCoin Donations:  16zBdTkGWh5UMTZt5twtrLnNwMqcUsA4SR
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February 01, 2014, 03:41:04 PM
 #106

How many time for found a block with 3600 khash/s ?

Careful XC anonymous coin is a scam
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February 01, 2014, 03:43:50 PM
 #107

Seems like there is a new block every 15 seconds haha. What does difficulty adjustment occur?
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February 01, 2014, 03:46:14 PM
 #108

I'm getting new blocks every 2 minutes or so. Gone through 6 blocks with 3 Gh/s but none solved yet. No telling what the network hash is at the moment.
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February 01, 2014, 03:48:05 PM
 #109

Rival give us a shout when you find a block, would be a good estimate for me Smiley
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February 01, 2014, 03:52:14 PM
 #110

I am half-tempted to turn my farm at it for a few hours just to see what would happen.

Just can't bring myself to do it though.
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February 01, 2014, 03:54:01 PM
 #111

I am half-tempted to turn my farm at it for a few hours just to see what would happen.

Just can't bring myself to do it though.

I recommend reading Paulo Coelho's The Alchemist.

The illustrated version is even more enjoyable, if you can get your hands on it.
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February 01, 2014, 03:55:46 PM
 #112

Come on, get a brain, find some real differentiator ... your coin is just yet another crap showing your lack of innovation ...

Don't hate just because you're not part of the leet kids.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
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February 01, 2014, 03:56:15 PM
 #113

Hit my first block in right around 20 minutes with 3 Gh/s.

512 ALT in the wallet!

Actually, two of my devices solved it almost simultaneously. I orphaned myself and only got paid for one of them....LOL!

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February 01, 2014, 03:59:41 PM
 #114

Sigh... Sometimes even obvious irony is not obvious...

You know, this is a formal law of nature.

You are correct. Auction officially ended. My worthless litecoin has no value when compared to Altcoin. In fact, I am deleting my wallet.dat for my litecoins to free up hard drive space to make room for all of my Altcoins.

Preach it, playing-card-figure-guy!

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
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February 01, 2014, 04:00:41 PM
 #115

Excerpt from The Alchemist:

Quote
Imagine if you will the days spinning backward: a millennium ends here, a century turns there, a year ends now, and another, and a thousand others, and finally there are so many days, so many years ending and beginning that you can no longer remember why it seemed important that you keep count of them at all.

And yet I have counted them. I have counted every one, marking the beginning of each new year, of each new century, in my own quiet fashion: a glass of wine, perhaps, a silent toast. The world revolves, the view changes. Now I stand atop a castle turret, now upon the deck of a sailing ship. Here I gaze upon an ageless river, there a body-strewn battlefield; now I see the dancing lights of the Champs d’Elysée, now I see the smoldering fires of a fallen civilization.

The years change, but the question does not.

Will this be it? I ask myself.

Will this be the year I tell my story, the whole of it, from beginning to end, at last?

Will I mine Altcoin?
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February 01, 2014, 04:10:11 PM
 #116

Any pools up for it yet or still just solo mining?

AltCoin Donations:  16zBdTkGWh5UMTZt5twtrLnNwMqcUsA4SR  (Help spread the word *wink*)

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February 01, 2014, 04:12:36 PM
 #117

I am half-tempted to turn my farm at it for a few hours just to see what would happen.

Just can't bring myself to do it though.

I pointed a Cube at it for a few minutes last night when the difficulty was at 1 and may have accidentally preformed a 51% attack (?)
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February 01, 2014, 04:14:35 PM
 #118

I am half-tempted to turn my farm at it for a few hours just to see what would happen.

Just can't bring myself to do it though.

I pointed a Cube at it for a few minutes last night when the difficulty was at 1 and may have accidentally preformed a 51% attack (?)

That was my concern. I don't want to 51% it. Still too fresh for that kind of hash.
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February 01, 2014, 04:16:22 PM
 #119

My miner doesn't find any device, I only have a gpu
bfgminer -o http://localhost:80 -u user -p pass --coinbase-addr 18aT3Y6qtvHFN5jNgwmsMV4XfwH8rZSGDC -S all / tried -d 0 too
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February 01, 2014, 04:17:57 PM
 #120

Snagged like 500k of these overnight  Smiley

Juussssttt in case

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February 01, 2014, 04:19:07 PM
 #121

My miner doesn't find any device, I only have a gpu
bfgminer -o http://localhost:80 -u user -p pass --coinbase-addr 18aT3Y6qtvHFN5jNgwmsMV4XfwH8rZSGDC -S all / tried -d 0 too

move the -S all before the coinbase. that worked for me.

bfgminer.exe -o http://localhost:9527 -u lol -p cat -S all --coinbase-addr 1MyVyam3yCgPk8ZS2BB6bKDPiDq6E4djB5
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February 01, 2014, 04:20:20 PM
 #122

Finding Accepted Blocks, Depositing & Confirming to Altcoin wallet
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February 01, 2014, 04:25:42 PM
 #123

Needed this: -S opencl:auto
Thanks
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February 01, 2014, 04:46:09 PM
Last edit: February 05, 2016, 07:21:22 PM by ukeden
 #124

how to solo in cgminer wont connect wallet is synced up fine

cgminer -o http://localhost:9527 -u 17eb43fya4TEUCqazTUpZeYyKaSEbVAaUF -p 12345

rpcuser=17eb43fya4TEUCqazTUpZeYyKaSEbVAaUF
rpcpassword=12345
rpcallowip=127.0.0.1
rpcport=9527
daemon=1
server=1
addnode=188.165.216.59
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February 01, 2014, 04:48:12 PM
 #125

good name - horrible algorithm
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February 01, 2014, 04:52:20 PM
 #126

Snagged like 500k of these overnight  Smiley

Juussssttt in case

Very nice!  What were / are you mining with?
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February 01, 2014, 05:31:11 PM
 #127

Auction ended due to it being pointed out that litecoins are worthless in the face of altcoins.
So did I win the auction?
Is the price for 1 ALT expressed in LTC now (1/worthless) => Infinity ?
Smiley

Altcoin Donation address: 15Ucc3jBx1ZUamR18EsjdSbSzARXtUjbPF
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February 01, 2014, 05:38:08 PM
 #128

“It's the possibility of having a dream come true that makes life interesting.”

― Paulo Coelho, Alchemist
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February 01, 2014, 05:42:00 PM
 #129

Sigh... Sometimes even obvious irony is not obvious...

You know, this is a formal law of nature.


Laws of nature are objective.
This was law of subjectivity.
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February 01, 2014, 05:48:33 PM
 #130

"Any sufficiently advanced troll is indistinguishable from a genuine kook."

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February 01, 2014, 06:23:39 PM
 #131

Once I get my hands on the source, maybe we'll do some bounties for pools and customizations.

Quote from: ThickAsThieves
I promise to NEVER mine Altcoins.

With zero premine... I'm not criticising, just wondering how you can pay bounties?
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February 01, 2014, 06:33:33 PM
 #132

nice 1 to mine away
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February 01, 2014, 06:33:51 PM
 #133

Once I get my hands on the source, maybe we'll do some bounties for pools and customizations.

Quote from: ThickAsThieves
I promise to NEVER mine Altcoins.

With zero premine... I'm not criticising, just wondering how you can pay bounties?


He can pay with non-zero postmine.  Smiley
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February 01, 2014, 06:38:04 PM
 #134

Last night at difficult 1 and 4 was crazy, all submitted blocks were stale. It was pure luck and latency optimisation getting them through...
I think this coin may cause an extra board meeting of ASICMiner to discuss a complete switch to ATC mining. Finally a worthy coin!

I should have gotten into Bitcoin back in 1992...
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February 01, 2014, 06:46:00 PM
 #135

#1 profitable coin already!

http://i.imgur.com/PExNadH.png

[graphic snip!]

You spelt ATC wrong  Grin
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February 01, 2014, 06:48:11 PM
 #136

Sigh... Sometimes even obvious irony is not obvious...

You know, this is a formal law of nature.


Laws of nature are objective.
This was law of subjectivity.


Dear ZephramC,


There is no law in nature, for it is metaphysical. It exists only because we imagine it exists.

What is the metaphysical, other than that which does not exist wishing that it did?

It is an irony of the past.



What is irony, other than a satire of the metaphorical? It is satire that is law.

Satire is but a juxtapositional demonstration of metaphor. It is the worn edges of an aging paradigm.

One cannot be subjected to metaphor, for it is only found out of bounds. One must seek to observe what it does not yet know.

A metaphor is a question, asking if it will be an irony of the future, or a unique facsimile of the present.

It cannot exist in the past, for it exists in the moment. It is from the future.



This paradox is resilient yet virginal. Tempered yet untouchable.

It is an impenetrable paradigm, waiting to be observed, but transcendent of the metaphysical by its very nature.



Call it ironic. Call it subjective. Call it anything you can imagine.

Call it whatever you want, while you still can, for it is a paradox observed within a paradigm.

It is but Nature painting pictures of the future.

You are merely temporarily-ordered chaos clinging to the edge of reality while slipping away into the metaphysical.

You are a finished painting, unable to fully observe its own composition.



Nature is expression. It is a sight waiting to be heard, a sound waiting to be seen.

It is an ocean in a sea of lifeboats, a torch in a vacuum.

It is potential incarnate. It is chaos immortal.


With Love,

~Altcoin

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February 01, 2014, 06:50:03 PM
 #137

Once I get my hands on the source, maybe we'll do some bounties for pools and customizations.

Quote from: ThickAsThieves
I promise to NEVER mine Altcoins.

With zero premine... I'm not criticising, just wondering how you can pay bounties?



You think the only way to fund things is pre-mining?

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February 01, 2014, 07:36:06 PM
 #138

Where is the marketplace for these coins?
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February 01, 2014, 07:44:12 PM
 #139

Wow, 3 Gh/s and it's been almost 3 hours since my last solve. Must be some serious power getting aimed at this.
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February 01, 2014, 07:51:10 PM
 #140

Just an update that I spoke with bluematt, paid the extra fee for the source code, and now I'm waiting on him to deliver.

Once he delivers, I'll need some help reverse-engineering the flux capacitor, or somesuch, to align it with our genesis block.

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February 01, 2014, 07:53:49 PM
 #141

Nor does coinwarz lie! #1 profitable coin already!

Hey Xu, MP sez "give the kid 0.01 BTC bounty, for his agility". So post an address.

Where is the marketplace for these coins?

On IRC.

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February 01, 2014, 08:14:03 PM
 #142

Once I get my hands on the source, maybe we'll do some bounties for pools and customizations.
Quote from: ThickAsThieves
I promise to NEVER mine Altcoins.
With zero premine... I'm not criticising, just wondering how you can pay bounties?
You think the only way to fund things is pre-mining?

Not at all, TAT. It was a genuine question, but you've replied with a question instead of an answer.

You may be independently wealthy, for all I know; you could be dripping in gold, or fiat, or btc, and be planning to pay bounties from your own money.

You may be considering setting up an ATC donation fund, so that those who believe in this coin can give a couple of hours of hashtime towards ensuring its success. If so, I'm in (fwiw ~17GH/s); provisionally, I think this coin is a good'un and worthy of support.

You may have a team of 10,000 miners at your beck and call, ready to mine bounty-funds on your command... This might be obeying the letter of "_I_ promise to NEVER mine", but it sure wouldn't be following the spirit of that promise!

You may have a means of funding bounties that hasn't even occurred to me.

But your earlier promises seem to add up to the fact that you, TAT, will never personally own any ATC unless either you buy it or it is gifted to you.
Which is why I was wondering how you can afford to pay bounties?
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February 01, 2014, 08:28:34 PM
 #143

Once I get my hands on the source, maybe we'll do some bounties for pools and customizations.
Quote from: ThickAsThieves
I promise to NEVER mine Altcoins.
With zero premine... I'm not criticising, just wondering how you can pay bounties?
You think the only way to fund things is pre-mining?

Not at all, TAT. It was a genuine question, but you've replied with a question instead of an answer.

You may be independently wealthy, for all I know; you could be dripping in gold, or fiat, or btc, and be planning to pay bounties from your own money.

You may be considering setting up an ATC donation fund, so that those who believe in this coin can give a couple of hours of hashtime towards ensuring its success. If so, I'm in (fwiw ~17GH/s); provisionally, I think this coin is a good'un and worthy of support.

You may have a team of 10,000 miners at your beck and call, ready to mine bounty-funds on your command... This might be obeying the letter of "_I_ promise to NEVER mine", but it sure wouldn't be following the spirit of that promise!

You may have a means of funding bounties that hasn't even occurred to me.

But your earlier promises seem to add up to the fact that you, TAT, will never personally own any ATC unless either you buy it or it is gifted to you.
Which is why I was wondering how you can afford to pay bounties?


Are there any words that can account for something that has yet to happen?

Speak only as action. Believe only as witness.

What I'm saying is, I will show you what you want to hear.


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February 01, 2014, 08:31:31 PM
 #144

Nor does coinwarz lie! #1 profitable coin already!

Hey Xu, MP sez "give the kid 0.01 BTC bounty, for his agility". So post an address.

Where is the marketplace for these coins?

On IRC.

Heh, wasn't expecting donations, but OK. Maybe my wife won't bug me about wasting my time...

BTC: 15E4bhVTncFMEquGBxwqs5VZLZrDjdNqji
ALT: W0wP3op1Er3t00p1D28li3v3th13tHr3ad1
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February 01, 2014, 08:35:48 PM
 #145

ALT: W0wP3op1Er3t00p1D28li3v3th13tHr3ad1
Should start with 1, are you sure?

Please keep it civil. It's all we have left!
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February 01, 2014, 08:42:19 PM
 #146

What I'm saying is, I will show you what you want to hear.

The leading of horse to watering therefore has not gone.

Heh, wasn't expecting donations, but OK. Maybe my wife won't bug me about wasting my time...

BTC: 15E4bhVTncFMEquGBxwqs5VZLZrDjdNqji
ALT: W0wP3op1Er3t00p1D28li3v3th13tHr3ad1

Paid. How much for the wife?

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February 01, 2014, 08:48:46 PM
 #147

What I'm saying is, I will show you what you want to hear.

The leading of horse to watering therefore has not gone.


Mere cartography, my friend!
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February 01, 2014, 08:50:27 PM
 #148

INTERESTED

I was the first to show interest here, but only have a small student budget Laptop to mine, so donations are helpful:
17XU9aS1eRUzUp6yWvyMwCDciJScSckeaR

Thank you!

PMC: 1FERnGpCrQzUdYRN3guPoJ9YTgYSN6tCe5
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February 01, 2014, 09:00:14 PM
 #149

Just curious here: I get a new block almost exactly every 2 minutes. There is no way that these blocks are being solved EXACTLY every 2 minutes. There should be quite a bit more variance than that. Is my bfgminer only checking for a new block every two minutes or something?

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February 01, 2014, 09:01:38 PM
 #150

it says "no block source avaible" when i open wallet?
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February 01, 2014, 09:28:15 PM
 #151

Quote
  ...wondering how you can afford to pay bounties?
Quote from: ThickAsThieves
Are there any words that can account for something that has yet to happen?
Yes. It's known as "communicating your plans to others". Without doing this, it's hard to be sure of other people's support.

Quote
Speak only as action. Believe only as witness
What I'm saying is, I will show you what you want to hear.
Pseudophilosophical YoD...


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February 01, 2014, 09:34:26 PM
 #152

Is my bfgminer only checking for a new block every two minutes or something?
I have the same issue... found it weird but never realizel this might be why I'm not mining that much now.

Looks like expiry setting controls this, but not sure exactly what raising it or lowering it will do.
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February 01, 2014, 09:34:57 PM
 #153

...wondering how you can afford to pay bounties?
Quote from: ThickAsThieves
Are there any words that can account for something that has yet to happen?
Yes. It's known as "communicating your plans to others". Without doing this, it's hard to be sure of other people's support.


I told you the plan, no?

You just wanted assurances, so I gave you some!
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February 01, 2014, 09:45:55 PM
 #154

how do i mine?
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February 01, 2014, 10:11:31 PM
 #155

Supposedly the block rate is 512 seconds. But I think they are being found much faster than that. Maybe even much much faster than that.

It makes it difficult to predict s and E values, or to even know if you are screwing yourself by what you change them to.

The difficulty level went from 1K to 4K in the last 4 hours.
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February 01, 2014, 10:14:23 PM
 #156

No pools available yet?

Altcoin Donations:  16zBdTkGWh5UMTZt5twtrLnNwMqcUsA4SR
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February 01, 2014, 10:22:15 PM
 #157

Blocks are being solved between 8 and 10 seconds each. The diff can't even come close to keeping up, that's the problem. People are pointing some big rigs at this and gobbling them.
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February 01, 2014, 10:32:26 PM
 #158

Sigh... Sometimes even obvious irony is not obvious...

You know, this is a formal law of nature.


Laws of nature are objective.
This was law of subjectivity.


Dear ZephramC,


There is no law in nature, for it is metaphysical. It exists only because we imagine it exists.

What is the metaphysical, other than that which does not exist wishing that it did?

It is an irony of the past.



What is irony, other than a satire of the metaphorical? It is satire that is law.

Satire is but a juxtapositional demonstration of metaphor. It is the worn edges of an aging paradigm.

One cannot be subjected to metaphor, for it is only found out of bounds. One must seek to observe what it does not yet know.

A metaphor is a question, asking if it will be an irony of the future, or a unique facsimile of the present.

It cannot exist in the past, for it exists in the moment. It is from the future.



This paradox is resilient yet virginal. Tempered yet untouchable.

It is an impenetrable paradigm, waiting to be observed, but transcendent of the metaphysical by its very nature.



Call it ironic. Call it subjective. Call it anything you can imagine.

Call it whatever you want, while you still can, for it is a paradox observed within a paradigm.

It is but Nature painting pictures of the future.

You are merely temporarily-ordered chaos clinging to the edge of reality while slipping away into the metaphysical.

You are a finished painting, unable to fully observe its own composition.



Nature is expression. It is a sight waiting to be heard, a sound waiting to be seen.

It is an ocean in a sea of lifeboats, a torch in a vacuum.

It is potential incarnate. It is chaos immortal.


With Love,

~Altcoin



Dear ThickAsThieves,
nature is not metaphysical as it follows the laws of physics. Those laws might not be in our grasp, we will never know them fully and we can never be sure that our senses are not deceived at any given time or even all the time. For what it is worth, all our experiences can be just a set of electrical signal implanted into our solipsistic brain (in a vat) by some sophisticated computer.
But some laws exists and nature unfolds by those laws.

Even if all intelligent life and imagination ceases to exists and even if the life itself ceases to exists, universe will still be here, existing, following the laws of nature (or laws of physics depending on what you mean by nature).

Metaphysical is laying beyond physics (or beside it, after it in the case of original books by Aristotle). Reasoning without empirical evidence, philosophy, even religion can intersect this domain. The part of reality existing only in our imaginations is... well our imagination only. It is beautiful woeul, but sitl bound, countable and abiding laws of logic.

What is metaphor? What is irony? What is satire? What is humor? All the questions of degree, of measure, of right proportions. Who decides what is appropriate, what is adequate, what is excessive or deficient? Each individual for himself. Although many of them desire their subjective measure to be objective.

Nothing can exists only in the present. Four-dimensional reality does not like infinitely thin objects in either of its dimensions. Although we are raping Minkowski now. There is no paradox. Only misunderstanding and multitudes of motivations, conceptualizations and expressions of single underlaying principle of Human Action. There is no painter.
Altcoin might aspire to be Proper class, which it is not. But thanks to Zermelo, choice of your Altcoin is logical.
Thank you.


With reason, love and consequence,

~ ZephramC


... I am still afraid that MPOE-PR laws dictate that there is at least one human being in the lifetime of the universe that will take this post seriously.
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February 01, 2014, 10:37:18 PM
 #159

Sigh... Sometimes even obvious irony is not obvious...

You know, this is a formal law of nature.


Laws of nature are objective.
This was law of subjectivity.


Dear ZephramC,


There is no law in nature, for it is metaphysical. It exists only because we imagine it exists.

What is the metaphysical, other than that which does not exist wishing that it did?

It is an irony of the past.



What is irony, other than a satire of the metaphorical? It is satire that is law.

Satire is but a juxtapositional demonstration of metaphor. It is the worn edges of an aging paradigm.

One cannot be subjected to metaphor, for it is only found out of bounds. One must seek to observe what it does not yet know.

A metaphor is a question, asking if it will be an irony of the future, or a unique facsimile of the present.

It cannot exist in the past, for it exists in the moment. It is from the future.



This paradox is resilient yet virginal. Tempered yet untouchable.

It is an impenetrable paradigm, waiting to be observed, but transcendent of the metaphysical by its very nature.



Call it ironic. Call it subjective. Call it anything you can imagine.

Call it whatever you want, while you still can, for it is a paradox observed within a paradigm.

It is but Nature painting pictures of the future.

You are merely temporarily-ordered chaos clinging to the edge of reality while slipping away into the metaphysical.

You are a finished painting, unable to fully observe its own composition.



Nature is expression. It is a sight waiting to be heard, a sound waiting to be seen.

It is an ocean in a sea of lifeboats, a torch in a vacuum.

It is potential incarnate. It is chaos immortal.


With Love,

~Altcoin



Dear ThickAsThieves,
nature is not metaphysical as it follows the laws of physics. Those laws might not be in our grasp, we will never know them fully and we can never be sure that our senses are not deceived at any given time or even all the time. For what it is worth, all our experiences can be just a set of electrical signal implanted into our solipsistic brain (in a vat) by some sophisticated computer.
But some laws exists and nature unfolds by those laws.

Even if all intelligent life and imagination ceases to exists and even if the life itself ceases to exists, universe will still be here, existing, following the laws of nature (or laws of physics depending on what you mean by nature).

Metaphysical is laying beyond physics (or beside it, after it in the case of original books by Aristotle). Reasoning without empirical evidence, philosophy, even religion can intersect this domain. The part of reality existing only in our imaginations is... well our imagination only. It is beautiful woeul, but sitl bound, countable and abiding laws of logic.

What is metaphor? What is irony? What is satire? What is humor? All the questions of degree, of measure, of right proportions. Who decides what is appropriate, what is adequate, what is excessive or deficient? Each individual for himself. Although many of them desire their subjective measure to be objective.

Nothing can exists only in the present. Four-dimensional reality does not like infinitely thin objects in either of its dimensions. Although we are raping Minkowski now. There is no paradox. Only misunderstanding and multitudes of motivations, conceptualizations and expressions of single underlaying principle of Human Action. There is no painter.
Altcoin might aspire to be Proper class, which it is not. But thanks to Zermelo, choice of your Altcoin is logical.
Thank you.


With reason, love and consequence,

~ ZephramC


... I am still afraid that MPOE-PR laws dictate that there is at least one human being in the lifetime of the universe that will take this post seriously.
Time to get real. Will mining these coinz make me rich?

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February 01, 2014, 10:46:50 PM
 #160

...wondering how you can afford to pay bounties?
Quote from: ThickAsThieves
Are there any words that can account for something that has yet to happen?
Yes. It's known as "communicating your plans to others". Without doing this, it's hard to be sure of other people's support.
I told you the plan, no?
No. You told us your ideas.
I have 'plans' to buy a couple of RollsRoyces. But unless I've got a spare GBP200k (or the means to get it), it's just an idea, not a plan.
So can I ask: do you have a PLAN for funding bounties, or are you just wee-weeing into the wind?

Quote
You just wanted assurances, so I gave you some!
I see no assurances (=guarantees) in your reply. Did you mean reassurance, which is a much more vague critter?
And no, if I'd wanted reassurance I'd be, like: "ooh, I'm not sure if I'm doing the right thing here, could someone please tell me I'm OK?"

Compare this with someone seeking answers who asks: "how are you planning to do this?"
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February 01, 2014, 10:53:05 PM
 #161

Blocks are being solved between 8 and 10 seconds each. The diff can't even come close to keeping up, that's the problem. People are pointing some big rigs at this and gobbling them.

So 10 seconds instead of 10 minutes at 4k difficulty means the real difficulty as calculated from actual hash is somewhere around 250k? That's not really so much or is it?

Bitcoin has 2bn on 20Ph, so then ATC has ~2Thash on it atm? Wow. Did I do the math wrong or is this really larger than all other altcoins atm?

nature is not metaphysical as it follows the laws of physics. Those laws might not be in our grasp, we will never know them fully and we can never be sure that our senses are not deceived at any given time or even all the time.

The rest of your post just went away.

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February 01, 2014, 10:58:22 PM
 #162

Anyway, Thanks for donations to 15Ucc3jBx1ZUamR18EsjdSbSzARXtUjbPF
I actually recieved some. :-)

MPOE: Well, I still know of nothing better than science for trying to understand this world by putting it on solid objective basis. Just... we can never be sure that we are right. But the probability is overwhelmingly better with some laws than with another.

So the difficulty is about 8900x lower than BTC. Hashrate should be 2.38 THash/s. Yep, you are right. But "more significant" SHA256 altcoins have larger diff than 250k. Terracoin has 600k.
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February 01, 2014, 11:07:16 PM
 #163

Anyway, Thanks for donations to 15Ucc3jBx1ZUamR18EsjdSbSzARXtUjbPF
I actually recieved some. :-)

MPOE: Well, I still know of nothing better than science for trying to understand this world by putting it on solid objective basis. Just... we can never be sure that we are right. But the probability is overwhelmingly better with some laws than with another.

So the difficulty is about 8900x lower than BTC. Hashrate should be 2.38 THash/s. Yep, you are right. But "more significant" SHA256 altcoins have larger diff than 250k. Terracoin has 600k.

Did you receive some in the physical or in the metaphysical sense?

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February 01, 2014, 11:10:57 PM
 #164

Anyway, Thanks for donations to 15Ucc3jBx1ZUamR18EsjdSbSzARXtUjbPF
I actually recieved some. :-)

MPOE: Well, I still know of nothing better than science for trying to understand this world by putting it on solid objective basis. Just... we can never be sure that we are right. But the probability is overwhelmingly better with some laws than with another.

So the difficulty is about 8900x lower than BTC. Hashrate should be 2.38 THash/s. Yep, you are right. But "more significant" SHA256 altcoins have larger diff than 250k. Terracoin has 600k.

Did you receive some in the physical or in the metaphysical sense?

This is Bitcoin block explorer. I was speaking of Altcoins.
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February 01, 2014, 11:17:08 PM
 #165

This is Bitcoin block explorer. I was speaking of Altcoins.

So you see my point, do you.

...wondering how you can afford to pay bounties?
Quote from: ThickAsThieves
Are there any words that can account for something that has yet to happen?
Yes. It's known as "communicating your plans to others". Without doing this, it's hard to be sure of other people's support.
I told you the plan, no?
No. You told us your ideas.
I have 'plans' to buy a couple of RollsRoyces. But unless I've got a spare GBP200k (or the means to get it), it's just an idea, not a plan.
So can I ask: do you have a PLAN for funding bounties, or are you just wee-weeing into the wind?

Quote
You just wanted assurances, so I gave you some!
I see no assurances (=guarantees) in your reply. Did you mean reassurance, which is a much more vague critter?
And no, if I'd wanted reassurance I'd be, like: "ooh, I'm not sure if I'm doing the right thing here, could someone please tell me I'm OK?"

Compare this with someone seeking answers who asks: "how are you planning to do this?"

The problem here is that we don't know who you are and we don't care, whereas you don't know who he is and do care.

The solution here isn't to whine at us, but to go do your reading.

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February 01, 2014, 11:17:56 PM
Last edit: February 02, 2014, 09:27:09 PM by ThickAsThieves
 #166


Dear ThickAsThieves,
nature is not metaphysical as it follows the laws of physics. Those laws might not be in our grasp, we will never know them fully and we can never be sure that our senses are not deceived at any given time or even all the time. For what it is worth, all our experiences can be just a set of electrical signal implanted into our solipsistic brain (in a vat) by some sophisticated computer.
But some laws exists and nature unfolds by those laws.

Even if all intelligent life and imagination ceases to exists and even if the life itself ceases to exists, universe will still be here, existing, following the laws of nature (or laws of physics depending on what you mean by nature).

While you are correct that the laws of nature are not in our grasp, you underestimate the full scope and weight of that constant. You speak as if we could actually hold and understand such a thing as metaphysical as Nature itself.  Nothing exists until it exists. Did fish dream of nuclear power before man created it? Did seaweed dream of singing before man discovered the breaking point of sound? Was the earth flat until it was round? Are we not just spermatozoa, thrust into a womb? This womb, our paradigm; these approximations, our laws.

Through perverting the laws of the past, we pave a path to the future. If laws only exist to be broken, are they not but momentary paradigms? Are not paradigms only windows into the metaphysical?

In this endless echo, how long will you persist? Laws of Physics are tiny pencil marks on a doorway. They define the height of our understanding, until they do not. Are we growing up, or growing old?

Metaphysical is laying beyond physics (or beside it, after it in the case of original books by Aristotle). Reasoning without empirical evidence, philosophy, even religion can intersect this domain. The part of reality existing only in our imaginations is... well our imagination only. It is beautiful woeul, but sitl bound, countable and abiding laws of logic.

What is metaphor? What is irony? What is satire? What is humor? All the questions of degree, of measure, of right proportions. Who decides what is appropriate, what is adequate, what is excessive or deficient? Each individual for himself. Although many of them desire their subjective measure to be objective.

Nothing can exists only in the present. Four-dimensional reality does not like infinitely thin objects in either of its dimensions. Although we are raping Minkowski now. There is no paradox. Only misunderstanding and multitudes of motivations, conceptualizations and expressions of single underlaying principle of Human Action. There is no painter.
Altcoin might aspire to be Proper class, which it is not. But thanks to Zermelo, choice of your Altcoin is logical.

Quite the opposite. What is time but just another measurement, another "law"? Time measures the distance between infinite echos. Marked by perceived observable events, events in which time exists for only a moment. Time is a stamp adhered to an e-mail.

Nature is infinite, it is perpetual. It happens before the beginning and after the end. The only time you will ever see it, is right now.

Without Altcoin, all altcoins would be purposeless.
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February 01, 2014, 11:22:23 PM
 #167

Where is the marketplace for these coins?

On IRC.

Broadcasted to buy some, no biters. However people are getting donations in this thread, so I'll throw my address into the pile...

1Bg3mbwtnu5VB1jGgyhX3JatYZfieCkDhd
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February 01, 2014, 11:25:26 PM
 #168

Is my bfgminer only checking for a new block every two minutes or something?
I have the same issue... found it weird but never realizel this might be why I'm not mining that much now.

Looks like expiry setting controls this, but not sure exactly what raising it or lowering it will do.
Yeah found the settings, they were 60/120 for me. I'm trying with something like -s1 -E5.

This works, at least somewhat. Solved one with the above settings. Blocks still being solved about every 8-10 seconds by someone though. Will take some time for the diff to catch up, then the settings should probably go back to 60/120. Unlike most altcoins, it's pretty easy to aim massive hash in the Tb/s range for a day or so, and it won't even make a ripple in the BTC hash. Not like Doge causing a drop in LTC global hash. There are a ton of ASIC's out there.
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February 01, 2014, 11:36:36 PM
 #169

Just for the record: Approximate price for 1 ALT should be 0.00000549 BTC or 0.0002 LTC or 0.44 cents.
(Hashrate is 8900x lower than BTC but in addition to that the reward is also 20.48x higher than BTC.)
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February 01, 2014, 11:43:47 PM
 #170

My estimate yields market cap 37.5 BTC. That is actually quite a lot!
I wonder how this number compares with theoretical scenario: What if everyone mining ALT in past 24 hours would be mining BTC instead. How much BTC would be mined by this "ALT network"?
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February 01, 2014, 11:49:31 PM
Last edit: February 02, 2014, 12:30:37 AM by iGotSpots
 #171

I've got about 407,000 of these that I don't care about saving

Who wants to buy like 8% of the coins so far?  Wink

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February 01, 2014, 11:57:48 PM
 #172

I've got about 407 of these that I don't care about saving

Who wants to buy like 8% of the coins so far?  Wink

If I actually had a wallet and it weren't less than the tx fee I'd offer 0.0005 BTC on that.

Mine moar.

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February 02, 2014, 12:30:50 AM
 #173

I've got about 407 of these that I don't care about saving

Who wants to buy like 8% of the coins so far?  Wink

If I actually had a wallet and it weren't less than the tx fee I'd offer 0.0005 BTC on that.

Mine moar.

I have 407,000

Forgot to add the k to the end of 407k

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February 02, 2014, 12:34:24 AM
 #174

What's your offer for 8008.5 ATC?

A bitcent?

I have 407,000

Forgot to add the k to the end of 407k

So then half a btc.

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February 02, 2014, 01:53:04 AM
 #175

I've got about 407,000 of these that I don't care about saving

Who wants to buy like 8% of the coins so far?  Wink

I am. I can offer bitcoin, litecoin, or USD. Please check PM
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February 02, 2014, 02:31:42 AM
 #176

Diff quadruple to 16K. Average block time around 20 seconds now.
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February 02, 2014, 02:32:42 AM
 #177

OK then....Wanting to trade 100K of Altcoin, trade me for some TIPS !
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February 02, 2014, 02:36:51 AM
 #178

I am. I can offer bitcoin, litecoin, or USD. Please check PM

Wouldn't it be a lot nicer if you just made a bid here, like a transparent, honest businessman?

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February 02, 2014, 03:33:23 AM
 #179

Looking to purchase 10k-100k ATC with BTC.
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February 02, 2014, 03:46:27 AM
 #180

I am. I can offer bitcoin, litecoin, or USD. Please check PM

Wouldn't it be a lot nicer if you just made a bid here, like a transparent, honest businessman?

Good point.  This would be better in the open.

I will offer 0.47 BTC for 470k ALT. 

I would prefer to use bitcoin for the trade.  However, I am open to using USD.  The method of transfer may be a little tricky.

Escrow with JohnK or another forum escrow member should also be used.  I'm not sure if JohnK around at the moment.  The last I read in his escrow thread was that he was away for a few weeks.
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February 02, 2014, 03:56:51 AM
 #181

I am. I can offer bitcoin, litecoin, or USD. Please check PM

Wouldn't it be a lot nicer if you just made a bid here, like a transparent, honest businessman?

Good point.  This would be better in the open.

I will offer 0.47 BTC for 470k ALT. 

I would prefer to use bitcoin for the trade.  However, I am open to using USD.  The method of transfer may be a little tricky.

Escrow with JohnK or another forum escrow member should also be used.  I'm not sure if JohnK around at the moment.  The last I read in his escrow thread was that he was away for a few weeks.

I misread the number of ALT that you have.  I also saw that there was another offer of 0.5 BTC so I'll update my offer to 0.60 BTC for 407k ALT
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February 02, 2014, 04:09:14 AM
Last edit: February 02, 2014, 04:21:18 AM by lewicki
 #182

I misread the number of ALT that you have.  I also saw that there was another offer of 0.5 BTC so I'll update my offer to 0.60 BTC for 407k ALT
You honestly think the network is worth $220k, and for mining for less than a day? At this rate, we'll hit the BTC market cap. within 54 days.
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February 02, 2014, 04:21:33 AM
 #183

Looking to purchase 10k-100k ATC with BTC.

Selling 100K ATC
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February 02, 2014, 04:53:20 AM
 #184

I am. I can offer bitcoin, litecoin, or USD. Please check PM

Wouldn't it be a lot nicer if you just made a bid here, like a transparent, honest businessman?

Good point.  This would be better in the open.

I will offer 0.47 BTC for 470k ALT. 

I would prefer to use bitcoin for the trade.  However, I am open to using USD.  The method of transfer may be a little tricky.

Escrow with JohnK or another forum escrow member should also be used.  I'm not sure if JohnK around at the moment.  The last I read in his escrow thread was that he was away for a few weeks.

I misread the number of ALT that you have.  I also saw that there was another offer of 0.5 BTC so I'll update my offer to 0.60 BTC for 407k ALT


This offer is good until 06:30 UTC on 2-Feb-14

I misread the number of ALT that you have.  I also saw that there was another offer of 0.5 BTC so I'll update my offer to 0.60 BTC for 407k ALT
You honestly think the network is worth $220k, and for mining for less than a day? At this rate, we'll hit the BTC market cap. within 54 days.

Probably not but gotta try a gamble once in awhile
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February 02, 2014, 03:54:34 PM
 #185

I would buy 1000 ALT for 0.1 LTC. But there is problem how to independently verify transaction in Altcoin network without ALT-blockchain explorer.
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February 02, 2014, 08:05:29 PM
 #186

Sooo...who was selling?

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February 02, 2014, 08:15:31 PM
 #187

I'm ready to buy some too.
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February 02, 2014, 09:32:25 PM
 #188

Hi everyone i'm new to mining but specifically solo mining, but I really want to mine Altcoin. I have a block erupter cube that has to be configured along with everything else. So far I have my Altcoin wallet setup properly with the .conf file. I even have bfgminer going and connecting to the altcoin "mine", but I think my problem is getting my miner to connect to bfgminer as bfgminer says "No Devices Found" and shows 0 h/s. I also have a mining proxy set up that i use for bitcoin and betacoin. Does anyone have any ideas??? Thanks so much!
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February 03, 2014, 06:09:03 AM
 #189

Selling 100k Altcoin For Fedoracoin (TIPS) !
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February 03, 2014, 07:58:21 PM
 #190

WTB 10k, can pay in LTC. PM me a offer.
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February 03, 2014, 10:52:53 PM
 #191

So, I was going to just point my little usb farm at altcoin for a day or two, but Saturday night I slipped on some ice and long story short, I just got back from the hospital with a few new plates, screws, and pins in my ankle. The good news is, I have a boatload of ALT! (I asked my wife to check my wallet upstairs where I cannot climb.)

Pretty cool if you ask me. Wish I could go upstairs to my office to see what the hash rate and diff looks like, and how fast the blocks are coming, but I will be downstairs on a laptop for the next few days. Can anyone update me?

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February 04, 2014, 12:39:49 AM
 #192

Pretty cool if you ask me. Wish I could go upstairs to my office to see what the hash rate and diff looks like, and how fast the blocks are coming, but I will be downstairs on a laptop for the next few days. Can anyone update me?

Sorry to hear about your ankle, youch! Hope you're back up and at 'em soon.

Looks like the diff is still at 16.4k and blocks were discovered so far today as fast as 14 per hour and as slow as 5 per hour.

Not sure I'm reading all this correctly, mind you.

How often will the diff change? I mean, I know it will vary based on mining hash-power but is it every 2016 blocks like Bitcoin? Or was it somehow set to 512 on this one?

Also, where do I look to see what block number we're at?

I told myself I should find out more about altcoins and then I saw TAT give birth to this perfectly named one on #bitcoin-assets and figured it was the right place to start.

Since it's a SHA-256 coin, this is an interesting one to follow because the same equipment can mine it. It must have felt great to be CPU mining the other day, on Day 0!
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February 04, 2014, 01:43:05 AM
 #193

Hi everyone i'm new to mining but specifically solo mining, but I really want to mine Altcoin. I have a block erupter cube that has to be configured along with everything else. So far I have my Altcoin wallet setup properly with the .conf file. I even have bfgminer going and connecting to the altcoin "mine", but I think my problem is getting my miner to connect to bfgminer as bfgminer says "No Devices Found" and shows 0 h/s. I also have a mining proxy set up that i use for bitcoin and betacoin. Does anyone have any ideas??? Thanks so much!

Hey Corey, I'm no expert but check out the README files in the bfgminer source distribution, specifically:

https://github.com/luke-jr/bfgminer/blob/bfgminer/README
https://github.com/luke-jr/bfgminer/blob/bfgminer/README.ASIC

Some people above mentioned using...

Code:
-S all

...in the commandline before...

Code:
--coinbase-addr

Maybe that'll get it to notice your devices.

One other thing I read somewhere was that if you're not running bfgminer as root, you need to change the rights on your USB device so the user account can see it. The example I saw (can't find a link now) was:

Code:
sudo chmod 666 /dev/ttyUSB0

If that works for you, I'll buy some of what you mine!
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February 04, 2014, 01:43:59 AM
 #194

what a creative name for the coin...
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February 04, 2014, 02:04:01 AM
 #195

what a creative name for the coin...

The name is the best part and really the point.

So let the games begin: I PM'd some folks but haven't heard anything back, and I read above that it's more above-board to bid publicly.

I'll buy ATC for 0.2 BTC per 100,000 ATC (200 satoshis per ATC) until end-of-day Feb 5th (GMT). PM or reply here...

Rival, how much you got? Ankle pins can't be cheap, man.

"I got a fever, and the only prescription, is more Altcoin!"
- https://en.wikipedia.org/wiki/More_cowbell

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February 04, 2014, 03:30:21 AM
 #196

what a creative name for the coin...

The name is the best part and really the point.

So let the games begin: I PM'd some folks but haven't heard anything back, and I read above that it's more above-board to bid publicly.

I'll buy ATC for 0.2 BTC per 100,000 ATC (200 satoshis per ATC) until end-of-day Feb 5th (GMT). PM or reply here...

Rival, how much you got? Ankle pins can't be cheap, man.

"I got a fever, and the only prescription, is more Altcoin!"
- https://en.wikipedia.org/wiki/More_cowbell

Nice. I'm still game for up to ~500k ATC at 125 satoshi each.

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February 04, 2014, 03:41:48 AM
 #197

Nice, yet another pump and dump coin that offers nothing really new to this crypto scene.

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February 04, 2014, 04:08:31 AM
 #198

Nice, yet another pump and dump coin that offers nothing really new to this crypto scene.

Au contraire mon frère... this here is a novelty play, like that one with the canine theme. A wise man told me long ago that:

Quote
Doge is a reminder to Bitcoiners that cryptocurrencies are just branded commodities.

Okay, so it was only about a week ago and he was a young art student -- but wise beyond his years. Doge was the first coin to capture the imagination of people not in the core Bitcoin demographic, as is being discussed RFN under the title "Dogecoin WTF?" http://www.reddit.com/r/Bitcoin/comments/1wxmsn/dogecoin_wtf/ It has 750+ comments in four hours... jeebus! What are we still doing here on this thrice-hacked forum?

Altcoin caught my attention right away precisely for its lack of some new twist. It could be the next useful branded (yet unbranded, WTF?) cryptocoin experience. Getting to see it this early feels like the early days of Bitcoin right here, at least in the little fantasyland in my head. For the price of a few satoshis I can relive what I missed in the first year of Bitcoin: I could give my nieces and nephews a block of 512 ATC and get them into this scene in a few years.

Now would someone please take my money?

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February 04, 2014, 05:19:28 AM
 #199

Anyone have a pool?

Anyone selling?  I'm looking to buy 100k+ coins.  I can offer bitcoin, litecoin or USD.
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February 04, 2014, 05:28:31 AM
 #200

I will sell you 100K Altcoin for Litecoins !
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February 04, 2014, 05:42:28 AM
 #201

I will sell you 100K Altcoin for Litecoins !

What are you looking to sell for?
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February 04, 2014, 05:43:46 AM
 #202

I will sell you 100K Altcoin for Litecoins !

What are you looking to sell for?

Shoot me your offer & I'll see/Make a Counter Offer.
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February 04, 2014, 01:58:47 PM
 #203

After years of lurking on this forum and other corners of the Bitcoiniverse, I finally come out of the shadows to speak up because I want to spend some BTC and no one wants it?

Shoot me your offer & I'll see/Make a Counter Offer.

Stay classy, Nthuser... you have like 3 offers above. You have a PM from me and who knows who else.

You know you can buy LTC with Bitcoin, right? Pick a number, you're holding up the Altcoin economy here. Extort already.

ThickAsThieves, regretting that decision not to premine yet?
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February 04, 2014, 02:01:21 PM
 #204

I tend to think those who mined early are more likely to hold for some extended time, at least until there are some pools and exchange trading.  Picking them up on the "cheap" this early on may not be quite as easy as it sounds.

But best of luck to those trying, I could be wrong.
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February 04, 2014, 02:12:25 PM
 #205

Reminds me, TAT quoted me over on #bitcoin-assets...

Since it's a SHA-256 coin, this is an interesting one to follow because the same equipment can mine it.

I'm not sure if he was making fun of me or not -- I know he's not a fan of altcoins in general. I'm not sure I am either. But I think I can learn something from them.

The reason quoted above is just one aspect of my interest in ATC... I know it's not the only SHA-256 cryptocoin after BTC, and that thanks to coingen there will be plenty more. But I'm trying to figure out what happens to, say, 10PH/s of equipment currently pointed at Bitcoin when newer gear renders it obsolete. IIRC, Litecoin and the other scrypt alts were all born out of people trying to wring value from obsoleted graphics cards. That is going to happen with the first gen ASICs too, and then it is all going to be about branding in the SHA-256 alt space.

To be clear, because I took this as a given in previous posts: as far as I'm concerned, Bitcoin is the One True Cryptocurrency. It's the Honey Badger -- it don't care about any of the alts... it don't need to. I've never been interested in any alts until Altcoin popped on the radar. Sure, a big pool could wreck it as you would swat a bug.  But until then, it looks like a nice little lab, a safer playground to really explore the Bitcoin source and try out ideas:

"Hrm, let's see... It doesn't have a pool. How would someone even make a pool? If I was going to hire that financial programmer I know to make an altcoin exchange that didn't suck, where would I start? What does it take to make a block explorer site?"

Bitcoin is an investment and a tool and a teacher (mostly of regret, amirite?). I want Altcoin so I can experiment and have things blow up in my face without actual damage, without the stress of losing Real Money (Bitcoin). Playing with Altcoin would be a safer kiddie pool to learn to swim in.

It's like being around for the early days of Bitcoin, only:

  • it's a Groundhog Day version where you've seen it all unfold before,
  • you don't have to explain it to Unbelievers,
  • pools, dice sites, and wallets have already been invented,
  • you're hearing about it in the first week.

I see this as a do-over. What do you do differently this time? (Hint: figure out how to mine and Do It Already since no one is selling yet.)

Sure, I could head over to coingen and whip out Altcoin2. Anyone could. (Pro tip: pay up for the source code next time, for crying out loud. TAT: How's that coming, anyway?)

But I know from experience that some of the most solid services in Bitcoin have sprung from the mad whims of the crew of the good ship #bitcoin-assets, and even an alt they start as a joke will likely be the start of something more useful than any alt to date.

If "useful" one day turns into "valuable", then awesome, yay us. If it doesn't, the reset button is always within reach. But I intend to learn a lot from this sim before I press it.
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February 04, 2014, 02:24:29 PM
 #206

I tend to think those who mined early are more likely to hold for some extended time, at least until there are some pools and exchange trading.  Picking them up on the "cheap" this early on may not be quite as easy as it sounds.

But best of luck to those trying, I could be wrong.

Thanks Rival, good luck to you too.

If you hear of any pools / exchanges / news, I guess this is the place we post 'em for those not on IRC.
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February 04, 2014, 02:41:16 PM
Last edit: February 04, 2014, 04:42:47 PM by MPOE-PR
 #207

Doge was the first coin to capture the imagination of people not in the core Bitcoin demographic

That's the best euphemism for "fucktarded kids with no money and no clue" I ever did hear!

Doge is roughly speaking the filter in the fish tank: it sucks in all the shit&scum - the people stupid enough to fall for scams after they've been worked out of their last penny; the wanna-be "daytraders" living with their parents & assorted ten dollar dreamers; the coffee shop ideologues and armchair strategists plus all the rest of the useless internet population - the kids being parented by the web because their parents don't care enough and/or can't afford anything better; the sort of autistic savants that spend their time updating wikipedia, voting on reddit and so forth.

Keeping Bitcoin clear of all this is a great service, for which a group of marketeer wanna-be entrepreneurs is graciously paying. Their burn rate sadly means they'll run out of money to pay for all the shilling, which means this attempt's getting shelved soon enough. Fortunately however, there'll be legions more idiots who have no idea how to math, and have no data upon which to math, who'll start over trying to be "as successful as Doge". How are they to know that a few months in the aggregate ROI was barely 60%, and otherwise a monotonous degressive function. Spam works pretty much the same way - no one's actually seeing green, but there's no shortage of people who imagine that they will, and so it keeps going on. A torch always carried by new people is still moving, after all.

It has 750+ comments in four hours... jeebus!

And those comments aren't worth a satoshi per.

Quote
II. This month is interesting in a very general perspective because it offers a solid data point.

The substance of the matter is that one user sent a late bet, of the sort that ends up in the feared “generous donations” rubric. This is a recurring problem, albeit in general users are more inclined to take responsibility. This particular user had a lot of trouble coming to terms with reality however, and instead spent his time creating multiple bitcointalk threads, plus lots of reddit and twitter spam. To quote a relevant tidbit,

Quote
i’ve spent a lot of time spamming reddit and the forums telling people about bitbet scammers so i’ve already done damage to their brand, which they deserve for being theives

While the forum voting function collecting the anonymous opinions of uninvolved third parties came out 70 - 29 (out of 99 votes cast) in favour of his nonsensical demands, expectations and misrepresentations of fact and while the various other social media venues showed very similar consensus, BitBet nevertheless saw significant BTC inflows : more than triple the volume of last month, making November the best month in its history.

There are two possible constructions that may perhaps explain this seemingly anomalous result. One is that the aggitation exposed BitBet to people who having never afore heard of it, took the time to consider its workings, found them sensible and began using it. The other is that the aggitation proved to users already more or less familiar with BitBet that the management is firmly and unwaveringly decided to apply contracts exactly, which in turn encouraged them to take larger positions than they would have otherwise entered. It may be said this latter theory is weak, seeing how BitBet quite famously broke the Josh Zerlan betting con and so if anything would assure people that, rather than this, would have been it. Further it may be said that the two considerations are purely coincidental, and the evolution of BitBet incoming bets has exactly nothing to do with the aggitation of forums and other social media sites.

In either event, the moral I see in this adventure is that entrepreneurs are well advised to disregard the “wisdom” of crowds - they seem to go a lot on gut feeling and apparently guts are mostly full of shit. At the very most “public opinion” as represented on the Internet is completely unrelated to reality, and clearly there exists a distance - perhaps a quite large distance - between what a brand actually is and what  Interneteers think, or claim to think on the topic. Perhaps all the money spent to “influence” social media users, and to “measure” web engagement and so on and so forth could be better applied elsewhere. Just a thought.

(from BitBet's November report)

For the price of a few satoshis I can relive what I missed in the first year of Bitcoin

Fun fact: at the time of the 10k BTC for a pizza deal, Bitcoin was worth ~100 satoshi per (ie, 1,000,000 of those BTC = 1 of today's BTC).

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February 04, 2014, 03:24:47 PM
 #208

No argument on any of that. Doge and the other *alts act as a nice holding pen for noobs of varying experience / ability / insight who want to own a billion of something (however worthless) rather than 0.0123 of something (however valuable). We are all served by, and deserve, the tech we choose.

I choose BTC for real life, where I'd rather not learn by trial and error, and ATC as well, a school, a place where I can screw up and have a do-over. As someone well aware that he is absolutely not qualified to host yet another Bitcoin exchange or other high-value, high-risk site, ATC seems a fine lab environment to write code around a tiny blockchain, create wallets, sites, services that maybe no one will ever use... Or rather, tools that I may never even start, let alone finish.

I'll come out of it knowing more than I did before, and be that much closer to creating something useful down the line for Bitcoin users. Or not, who knows? That's entrepreneurship right there:

1) Try something, 2) See what happens, 3) Repeat.


For the price of a few satoshis I can relive what I missed in the first year of Bitcoin

Fun fact: at the time of the 10k BTC for a pizza deal, Bitcoin was worth ~100 satoshi per (ie, 1,000,000 of those BTC = 1 of today's BTC).

Exactly! I want to buy a pizza with 10k ATC and regret it later. I'm even willing to throw away a fraction of a Bitcoin (and regret that later too) for the experience.
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February 04, 2014, 03:53:40 PM
 #209

The experiment with crytocurrencies for those currently involved provides a unique opportunity to experience a slice of history. Some missed the computer revolution in the 70's/80's, others were still in diapers. Some missed the internet, others were still in elementary school.

Those of us here and now cannot know where it will end, or even if it will end. But we do have a feeling that we are smack in the middle of it, like standing in Berlin the day the wall came down. What we do collectively will be taught in history books.

We may all make mistakes and piss away our coins, be they bit, or lite, or alt. But the most important result is to proudly proclaim: "we were part of it, and we created it".
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February 04, 2014, 04:02:30 PM
 #210

The experiment with crytocurrencies for those currently involved provides a unique opportunity to experience a slice of history. Some missed the computer revolution in the 70's/80's, others were still in diapers. Some missed the internet, others were still in elementary school.

Those of us here and now cannot know where it will end, or even if it will end. But we do have a feeling that we are smack in the middle of it, like standing in Berlin the day the wall came down. What we do collectively will be taught in history books.

We may all make mistakes and piss away our coins, be they bit, or lite, or alt. But the most important result is to proudly proclaim: "we were part of it, and we created it".

Well said.  No one knows how or where this will end, but this protocol of peer to peer payment is revolutionary.
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February 04, 2014, 04:48:51 PM
 #211

Doge and the other *alts act as a nice holding pen for noobs of varying experience / ability / insight who want to own a billion of something (however worthless) rather than 0.0123 of something (however valuable).

Speaking of which, allow me to link you to #bitcoin-assets' bash #1 entry: http://bash.bitcoin-assets.com/?quote=1

But generally: you sound a lot more balanced than the people here. I guess that explains your handle.

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February 04, 2014, 04:59:31 PM
 #212

The experiment with crytocurrencies for those currently involved provides a unique opportunity to experience a slice of history. Some missed the computer revolution in the 70's/80's, others were still in diapers. Some missed the internet, others were still in elementary school.

Those of us here and now cannot know where it will end, or even if it will end. But we do have a feeling that we are smack in the middle of it, like standing in Berlin the day the wall came down. What we do collectively will be taught in history books.

We may all make mistakes and piss away our coins, be they bit, or lite, or alt. But the most important result is to proudly proclaim: "we were part of it, and we created it".

This guy gets it.

Life is but a photograph, smile or hold the camera.
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February 04, 2014, 05:21:20 PM
 #213

Doge and the other *alts act as a nice holding pen for noobs of varying experience / ability / insight who want to own a billion of something (however worthless) rather than 0.0123 of something (however valuable).

Speaking of which, allow me to link you to #bitcoin-assets' bash #1 entry: http://bash.bitcoin-assets.com/?quote=1

But generally: you sound a lot more balanced than the people here. I guess that explains your handle.

Oh that is classic, I remember that exchange. And thank you... I was sure you were going to rip into us for "wanting to be part of something" that "doesn't need us". I know it doesn't... I just want to enjoy the show, and maybe come up with one useful idea before I die. Even if that is just making crypto 1% approachable for people don't even deserve it, I'll count that as a win.
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February 04, 2014, 05:23:41 PM
 #214

So... ThickAsThieves, is source code going to happen or was it too late to get it from the guy after the fact?

If not available, should we rev-eng or regen it? I can ante up for that if needed, let me know.
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February 04, 2014, 05:29:48 PM
 #215

So... ThickAsThieves, is source code going to happen or was it too late to get it from the guy after the fact?

If not available, should we rev-eng or regen it? I can ante up for that if needed, let me know.

I think if it doesn't happen today, we should move forward with reverse-engineering.

Anyone know how to do this? What kind of bounty is appropriate?
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February 04, 2014, 05:46:29 PM
 #216

5120 ATC @ 300 satoshi sold.

300 satoshi each or 300 satoshi total?
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February 04, 2014, 05:49:31 PM
 #217

Oh that is classic, I remember that exchange. And thank you... I was sure you were going to rip into us for "wanting to be part of something" that "doesn't need us". I know it doesn't... I just want to enjoy the show, and maybe come up with one useful idea before I die. Even if that is just making crypto 1% approachable for people don't even deserve it, I'll count that as a win.

You have me figured out all wrong. And besides...how could ALT possibly not need you.

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February 04, 2014, 06:17:24 PM
 #218

5120 ATC @ 300 satoshi sold.

300 satoshi each or 300 satoshi total?
Each Wink This is serious bizness.

Yes, I got tired of waiting and it was a small buy. I'm halfway to that pizza, I can taste it already. Now who's The Greater Fool, people? Enh? Enh? Wait a minute... aw, never mind. I accept my fate.

I'll offer 300 satoshi per ATC for the rest of today (GMT), any takers?

I wonder, were we the first non-mining transaction on this chain? Embarrassed that I don't know how to tell without a Bootstrap-formatted web site to tell me. See, this is why I'm here, to get schooled.

Thanks Pankkake!

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February 04, 2014, 06:21:18 PM
 #219

5120 ATC @ 300 satoshi sold.

300 satoshi each or 300 satoshi total?
Each Wink This is serious bizness.

Yes, I got tired of waiting and it was a small buy. I'm halfway to that pizza, I can taste it already. Now who's The Greater Fool, people? Enh? Enh? Wait a minute... aw, never mind. I accept my fate.

I'll offer 300 satoshi per ATC for the rest of today (GMT), any takers?

I wonder, were we the first non-mining transaction on this chain? Embarrassed that I don't know how to tell without a Bootstrap-formatted web site to tell me. See, this is why I'm here, to get schooled.

Thanks Pankkake!



I'll offer 303!
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February 04, 2014, 06:28:44 PM
 #220

I'll offer 300 satoshi per ATC for the rest of today (GMT), any takers?

I'll offer 303!

Sir, I will cut you down where you stand, so help me Satoshi!

Dammit. The only rapier I have is my wit. Um... let's see... never bring a knife to a gunfight?
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February 04, 2014, 06:32:08 PM
 #221

Oh that is classic, I remember that exchange. And thank you... I was sure you were going to rip into us for "wanting to be part of something" that "doesn't need us". I know it doesn't... I just want to enjoy the show, and maybe come up with one useful idea before I die. Even if that is just making crypto 1% approachable for people don't even deserve it, I'll count that as a win.

You have me figured out all wrong. And besides...how could ALT possibly not need you.

As long as I know I can trust you to remember to punch me in the throat as soon as I do/say something stupid, all is well.

the sort of autistic savants that spend their time updating wikipedia, voting on reddit and so forth.

Great XKCD link, btw... since that's your full time job, you really should tell MP it's time for a raise. The tide of newbies is rising, and I hear he had a good year last year. We're not all going to educate ourselves.

Speaking of which, TAT, should we be saying ALT or ATC or ALC? I think the home page says ATC. That seems to go well with BTC, just one step ahead, like HAL was to IBM.
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February 04, 2014, 06:35:07 PM
 #222

I'll offer 303!

Do you pay in AM100 shares, as well?

I should have gotten into Bitcoin back in 1992...
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February 04, 2014, 06:40:42 PM
 #223

I'll offer 303!

Do you pay in AM100 shares, as well?

Why would we go using shares as currency, when we have TWO great currencies now?!
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February 04, 2014, 06:43:03 PM
 #224


Speaking of which, TAT, should we be saying ALT or ATC or ALC? I think the home page says ATC. That seems to go well with BTC, just one step ahead, like HAL was to IBM.


It's whatever the people say it is. I can't control that kind of thing.

I assumed people would choose ATC, because A is better than B, but maybe they choose ALT because it's more unique!
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February 04, 2014, 07:14:52 PM
 #225

Great XKCD link, btw... since that's your full time job, you really should tell MP it's time for a raise. The tide of newbies is rising, and I hear he had a good year last year. We're not all going to educate ourselves.

Meanwhile back at reality ranch, he cut my pay.  Cry  I used to be making 12 BTC a month all through 2013.

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February 04, 2014, 07:30:32 PM
 #226

I'll offer 303!

Do you pay in AM100 shares, as well?

Why would we go using shares as currency, when we have TWO great currencies now?!

I would be willing to sell ATC for AM100.
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February 04, 2014, 07:35:06 PM
 #227

I'll offer 303!

Do you pay in AM100 shares, as well?

Why would we go using shares as currency, when we have TWO great currencies now?!

I would be willing to sell ATC for AM100.

Do you realize that Havelock accepts bitcoins to buy shares with?
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February 04, 2014, 07:40:38 PM
 #228

I'll offer 303!

Do you pay in AM100 shares, as well?

Why would we go using shares as currency, when we have TWO great currencies now?!

I would be willing to sell ATC for AM100.

If the price is right... :-)
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February 04, 2014, 07:48:54 PM
 #229

I'll offer 303!

Do you pay in AM100 shares, as well?

Why would we go using shares as currency, when we have TWO great currencies now?!

I would be willing to sell ATC for AM100.

Do you realize that Havelock accepts bitcoins to buy shares with?

Yes.  I was thinking that instead of trading BTC / ATC then to AM100, wouldn't it just be easier to go ATC to AM100.  Just a thought.
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February 04, 2014, 07:50:23 PM
 #230

I'll offer 303!

Do you pay in AM100 shares, as well?

Why would we go using shares as currency, when we have TWO great currencies now?!

I would be willing to sell ATC for AM100.

If the price is right... :-)

I would buy 2500 ATC for 1 AM100 or 24000 ATC for 10 AM100.
Payment to 1ALTCoiN8apVmL84WZzKWHwmyR9ZUDMpyN. Whoever first posts valid txid of this payment, can post valid email to which I will transfer AM100 shares.
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February 04, 2014, 08:10:24 PM
 #231

I'll offer 303!

Do you pay in AM100 shares, as well?

Why would we go using shares as currency, when we have TWO great currencies now?!

I would be willing to sell ATC for AM100.

If the price is right... :-)

I would buy 2500 ATC for 1 AM100 or 24000 ATC for 10 AM100.
Payment to 1ALTCoiN8apVmL84WZzKWHwmyR9ZUDMpyN. Whoever first posts valid txid of this payment, can post valid email to which I will transfer AM100 shares.

Done.  Just sent you 24,000 ATC.
Txid: 0bab7ee51f6e07beb6f48692c2c8c94245da781d86cb7fc08c6856fb564d3692

Check PM for email
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February 04, 2014, 08:12:16 PM
 #232

Confirming ALT acceeptance.
Checking PM...
10 shares transfered
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February 04, 2014, 08:22:19 PM
 #233

Confirming ALT acceeptance.
Checking PM...
10 shares transfered

Shares received at Havelock.

AM100 = 0.00564100 BTC

10 AM100 = 0.05641000

0.05641000 = 5,641,000 satoshi

5,641,000 satoshi / 24,000 ATC = 235 satoshi / ATC

**EDIT**  Let's get this party started!  Grin




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February 05, 2014, 12:16:59 AM
 #234

Nice to see some real transactions. Lets see where it goes!
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February 05, 2014, 02:00:40 AM
 #235

Trade Confirmed with user Chris_Sabian, TRUSTED

Traded 100K ATC (Altcoin) for 3 Litecoins, we both sent in halves Smiley
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February 05, 2014, 02:39:21 AM
 #236

Trade Confirmed with user Chris_Sabian, TRUSTED

Traded 100K ATC (Altcoin) for 3 Litecoins, we both sent in halves Smiley

Congrats guys, thanks for posting the update. It's an hour later but I see 1 LTC is 0.02645 so 3 LTC is say 0.07935 BTC or 7,935,000 satoshi.

Divided by 100,000 ATC that's a valuation of 79 satoshi per ATC. (You must really have wanted LTC... Ladies and gentlemen, ATC is crashing! If anyone wants to panic sell, I'm here for you.

iGotSpots, are you still out there HODLING, or did MPOE-PR get to you first?
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February 05, 2014, 02:44:06 AM
 #237

Trade Confirmed with user Chris_Sabian, TRUSTED

Traded 100K ATC (Altcoin) for 3 Litecoins, we both sent in halves Smiley

Congrats guys, thanks for posting the update. It's an hour later but I see 1 LTC is 0.02645 so 3 LTC is say 0.07935 BTC or 7,935,000 satoshi.

Divided by 100,000 ATC that's a valuation of 79 satoshi per ATC. (You must really have wanted LTC... Ladies and gentlemen, ATC is crashing! If anyone wants to panic sell, I'm here for you.

iGotSpots, are you still out there HODLING, or did MPOE-PR get to you first?

If you can't see this Coin Is so Broken and has been from the start, No Source, No Pools, No BlockExplorers and to top it off the coingen.io splash screen is still on Client Bootup....LMAO

It was ripped off from the Coingen.io Website, I just Mined it for Fun/Accepted Blocks right from the start & made something out of Nothing so to Say...
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February 05, 2014, 02:59:08 AM
 #238

If you can't see this Coin Is so Broken and has been from the start, No Source, No Pools, No BlockExplorers and to top it off the coingen.io splash screen is still on Client Bootup....LMAO

It was ripped off from the Coingen.io Website, I just Mined it for Fun/Accepted Blocks right from the start & made something out of Nothing so to Say...

I wish it had source, but it is what it is for now. Congrats on the profit, I wish I was mining on day one. Lesson One. But I am mining 'em now, so I've figured that out, Lesson Two. And I'll keep collecting them from anyone who wants out, it's cheap tuition.

Pankkake mentioned that I could learn this stuff on the Bitcoin testnet, but that's like playing poker for toothpicks. I've got to at least use quarters to put my brain in the right frame of mind, to have some skin in the game.

Next up: Lesson Three: difficulty calculations.
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February 05, 2014, 03:17:03 AM