[ANN] TopCoin [TOP] ★ Crypto Learning Center coming soon! ★ Practical toolset!

[thesamson]

I don't know what's going on. I have a bunch of unconfirmed transactions from top.dedicatedpool.com to swisscex:

Code:

TopCoin	33'486.43794744	ada9abb9130aa60f7eb33e286615080456986baf5c1da82fdc930d2154d1a959	4
TopCoin	33'702.64385354	1e8c70191876c601d4995a482308a1b2416300fdcc6e8e3b476f6b0b2a5fb4cd	0
TopCoin	2'741.51377350	ba715c03f95a6bf171789022484567575f9f0c8fca015079150af52b2c274239	4
TopCoin	35'537.73536964	8db6c55e52eb9feb06894bd043644af99b085b4d386cbdf822ec8b05fac35c24	4
TopCoin	32'381.20198757	550397c71a3601d1a9c4ed731d20eff91dc19f1d006fe92bbbdb98a04b6faee1	3
TopCoin	33'877.34893634	2b354f58d8ec88822e06038d239a8ec2f491cffdb5e9f5b0910afdb8617f7862	2
TopCoin	32'476.66075606	1d7c15254d73b82217911616c7aeace15752b9b9afd65fca9d7b75a90fe7d73c	0
TopCoin	30'005.45747465	36f82a69f25e014fa2f51cbcfcfe0560a347df89a95646409cc38ed9378634eb	3
TopCoin	34'191.63046013	afe4b3740f923605f1c4beeceab69b37e6ab1d1aaddc064f2b1d46aafff3eefb	3
TopCoin	33'179.95299027	0ac9ecf32480be084730ba6ba3c2a158c86bb426f0c0c2c23531338a69e242e2	4
TopCoin	32'033.42323844	3dfd260f6868cfb626a83476ac72c50e14701c8e45866c8ec2f95c103eecab47	3
TopCoin	32'171.08024917	8553401e5f694bc95f5a1881a642474f8baeec34a5977de638a23a0e44544796	3
TopCoin	30'136.26670144	bbfec7d01d610684a3af900a8fb026cede404f60e92ce0ea09044131f88eb24a	1
TopCoin	30'193.90876401	9961e86b6eb192dfb1073139c265d3ae4d82ab84fdf58abc1c532811b588dd6a	2
TopCoin	34'554.45228758	3f27c757d39e3f116955b3b858d0d7750264556c798857b5bbee42cbb4564c9d	2

I've asked for help at swisscex support and they told me that this is a network problem and from their end everything is fine. What do you think?

Nobody? Am I the only one with a lot of stuck transactions?

I haven't seen any issue, but in general doing deposits directly to an exchange from a pool is a really bad idea - can gum up the exchange wallets with way too many small transactions and slow things waaaay down - that could be what's happening here.

[thesamson]

Wow - look at that buy support on both exchanges - things really bounced back!

Don't know what you're seeing but it's still at 4 or 5 satoshi..

Yeah, at 4 or 5 satoshi, but yesterday evening it dropped to 2 satoshi with all buy support disappearing - people were saying the coin was dead, etc - so it's good to see it bounce back up to 4 or 5 - that's a 100% increase over last night's low!

[Davethedestroyer]

Once the block reward is near 1, I believe by then hopefully the community has created a desire to have the currency.  This is usually done by some popular trading/bartering website, casinos, reliable fiat store and so on.  I would say reddit bartering for steam games and such is usually a good start.

Yes, but even if we have one of the most popular altcoins, the math clearly says that it still cannot sustain a network that can prevent easy 51% attacks. That's my whole point. Raise the minimum then this problem goes away. We don't have to raise the minimum by a lot, the essence is still preserved. Trust me, I want this coin to succeed as much as anyone, I have a modest sum of 25 mil, but if nobody takes the math seriously, I will have to bail until the community decides to come to their senses.

I completely agree with you on this and it was the first thing I thought when looking at the specs for this coin. It didn't stop me from mining it though because it would be so easy to just up the 10x 100x multipliers and fix the problem.

We've got a growing subreddit with a tipbot and were starting to drum up interest, but this issue will eventually drive away the miners who know what they're doing.

I think its time to fix it.

[virtualdn]

we need to spread the topcoin

use the faucet more folks!

http://earthcoin.z80.us/topcoinfaucet/

[Manwe]

we need to spread the topcoin

use the faucet more folks!

http://earthcoin.z80.us/topcoinfaucet/

Donated.

However.

Average payout: 18.254216010835435

I think it is too little.

[virtualdn]

we need to spread the topcoin

use the faucet more folks!

http://earthcoin.z80.us/topcoinfaucet/

Donated.

However.

Average payout: 18.254216010835435

I think it is too little.

thnx, it's been increased to 1-100 coins per hour

[thinkgreen11]

jtlyk my wallet finally synced.
I had a topcoin.conf in my Appdata folder but not sure if it is necessary, syncing started after having wallet open for hours.

[Manwe]

I have an experience, when I can not sync the wallet, I would try to redownload the QT. Sometimes it works.

[Davethedestroyer]

Once the block reward is near 1, I believe by then hopefully the community has created a desire to have the currency.  This is usually done by some popular trading/bartering website, casinos, reliable fiat store and so on.  I would say reddit bartering for steam games and such is usually a good start.

Yes, but even if we have one of the most popular altcoins, the math clearly says that it still cannot sustain a network that can prevent easy 51% attacks. That's my whole point. Raise the minimum then this problem goes away. We don't have to raise the minimum by a lot, the essence is still preserved. Trust me, I want this coin to succeed as much as anyone, I have a modest sum of 25 mil, but if nobody takes the math seriously, I will have to bail until the community decides to come to their senses.

I completely agree with you on this and it was the first thing I thought when looking at the specs for this coin. It didn't stop me from mining it though because it would be so easy to just up the 10x 100x multipliers and fix the problem.

We've got a growing subreddit with a tipbot and were starting to drum up interest, but this issue will eventually drive away the miners who know what they're doing.

I think its time to fix it.

A few more thoughts...

If we wait until this coin becomes unprofitable to mine, we will lose all of the momentum that we have built.

[Edit: This coin is ALREADY unprofitable to mine. People are only mining it because they think the future scarcity will send it to the moon, but it won't. It's going to be TOO SCARCE and the network will just die.]

Changing the minimum block reward would give this coin VALUE BY DEFAULT, even without popularity, it will have value. If we were on coinchoose and/or coinwarz and it's profitable to mine, MINERS WILL MINE they wont give a fuck what it is.

Cryptsy/coinchoose/coinwarz will probably not be interested in picking up topcoin because it will most likely die if left as is. Cryptsy does not have the extra resources to gamble right now and despite popular opinion, they're not retarded.

[brokedummy]

Guys if you already have a million or more tops just stop mining this coin. Let some other guys mine some. I haven't mined any in days. Hope some others can have some fun too.

[Jarod1231]

Guys if you already have a million or more tops just stop mining this coin. Let some other guys mine some. I haven't mined any in days. Hope some others can have some fun too.

I've been a TOP millionaire within the first 6 hours of launch.. solo mining 

[fearisfearless]

we need to spread the topcoin

use the faucet more folks!

http://earthcoin.z80.us/topcoinfaucet/

Donated 1 mil TOP!  SPREAD the wealth!!!

[fearisfearless]

Guys if you already have a million or more tops just stop mining this coin. Let some other guys mine some. I haven't mined any in days. Hope some others can have some fun too.

I mined for two days and have since been spreading my wealth.  Spread the wealth, get more coins into circulation!

[virtualdn]

^^ thank you for the 1 M donation!

for the next 5 minutes everyone can get between 1,000 and 10,000 coins!

try your luck now!


http://earthcoin.z80.us/topcoinfaucet/

[Danz0r77]

^^ thank you for the 1 M donation!

for the next 5 minutes everyone can get between 1,000 and 10,000 coins!

try your luck now!


http://earthcoin.z80.us/topcoinfaucet/

You have been awarded with 1670.6373 TOPCOIN!

Wooo

[virtualdn]

ok now paying 50-250 coins every hour!

[allcoin.com]

Guys exchange your TOP @ https://www.allcoin.com/trade/top_btc

[AxiosAmnesia]

Guys exchange your TOP @ https://www.allcoin.com/trade/top_btc

How long does it take for deposits to show up usually?

Edit: Took about 15 minutes.

[NeedVIP]

There is a 16M sell wall at swiss and a 26M BUY wall at cryptorush... why don't people just transfer over and sell lol

[ThatCryptoMiner]

Yes I'm new but wanted to input my own two cents on the matter, been following this thread since about page 30 (when this coin was first introduced to me). TBH I see more potential with the coin than has been reported. One of the concerns brought up was that there will be no one to mine. From what I'm seeing, there are more workers mining this altcoin (and at a faster hashrate; more workers, faster hashing) than some of the other new and popular coins out there as well. Also, if the block solving expectation is at 30sec intervals, won't the mining of the coin still return results faster than say a bitcoin or litecoin? Per-day hashing with this coin will still have a better return and add new coins to the market more frequently than some of the other coins out there because of the 30sec block rule without saturating the market with too many coins.

The other thing this coin needs is markets to use the currency on. So many people worried about pumping-and-dumping this coins for quick easy cash, that method will only keep the coin low for a long time. This particular coin is so new in its infancy (it's only been mine-able for 6 days...) but will only gain the potential we want if we put some effort into it.

I remember when bitcoin first came out, like many I shrugged it off as a fad. The main thing that got bitcoin off the ground was that businesses and services took a chance on bitcoin, accepting payment with an otherwise useless currency at the time and now look where it's at. If we can get the word out about topcoin, getting some people exchanging it for goods and services like bitcoin started, it will eventually take off. I've seen the internet come together for a cause many times when something warranted it, we can do that here too.

I think the fact that so many people are still mining this coin well into it's infancy gives it a fair shot. We as a group and out there on other crypto forums just need to push on and give this coin a chance to walk. I do not think topcoin is or has the potential to be the next bitcoin, but who knows? Only time and our efforts will tell.