[BCN] Bytecoin. Secure, private, untraceable since 2012

[smooth]

Hmm looks like an interesting coin... guess most of us missed the boat!

Not really. Only 150 billion coins have been mined so far. You can still mine 30 billion or so and then go to https://bitcointalk.org/index.php?topic=531925.0 (Marketplace thread) and exchange 1 million BCN for .25 BTC.

I agree. That's why I mine this coin as well as the no-premine version.

Alternate marketplace for those who prefer a forum-based OTC format. https://bitcointalk.org/index.php?topic=579781.0

Hey Smooth, which one have you found to be more profitable?

Overall I'd say BCN but that was mostly people overpaying for a portion of my mined coins that I sold off early on. At this point they are fairly similar but MRO is more liquid and easier to trade.

[slapper]

Hmm looks like an interesting coin... guess most of us missed the boat!

Not really. Only 150 billion coins have been mined so far. You can still mine 30 billion or so and then go to https://bitcointalk.org/index.php?topic=531925.0 (Marketplace thread) and exchange 1 million BCN for .25 BTC.

1M BCN is more like .35+ BTC lol

Lowballs

My bad. The ninjamine is actually ~ 52500 BTC (150 billion BCN @ .35BTC/mill). Awesome deal.

[madzooka]

Hmm looks like an interesting coin... guess most of us missed the boat!

Not really. Only 150 billion coins have been mined so far. You can still mine 30 billion or so and then go to https://bitcointalk.org/index.php?topic=531925.0 (Marketplace thread) and exchange 1 million BCN for .25 BTC.

I agree. That's why I mine this coin as well as the no-premine version.

Alternate marketplace for those who prefer a forum-based OTC format. https://bitcointalk.org/index.php?topic=579781.0

Hey Smooth, which one have you found to be more profitable?

Overall I'd say BCN but that was mostly people overpaying for a portion of my mined coins that I sold off early on. At this point they are fairly similar but MRO is more liquid and easier to trade.

Indeed, there's about 30M BCN to mine and to trade if you want to. (there is 2 threads here where you can buy/sell BCN).

[Rimlin1]

Hey, anyone pls send me some coins, for check
I cant receive their from pool minergate.com
295VCPczTRXAwqAoNeb41RPzYpyXSkg25Q7gKC6DhsSGi5JNaobBUavbdbN2MNAD7NTEZVEPJfNWNVK SR83jxDPx1Axb6dQ

Or help, how to check it on my wallet, I typed "refresh" and "balance" commande, but no transactions
In pool status "finished"


thx

[Edgecrusher]

Can anyone tell me what this error means?

2014-May-07 18:55:00.980886 [P2P8][sock 768] Some problems at write: An established connection was aborted by the software in your host machine:10053

Thanks!

Looks like some kind of a network issue. Is it happening on the regular basis or was a one time problem?

It shows very often in the deamon

[pozmu]

My bad. The ninjamine is actually ~ 52500 BTC (150 billion BCN @ .35BTC/mill). Awesome deal.

That's why "early adopters" aka ninjamining devs paid to include this coin @ exchange 
The thing that I don't understand.... If they would instamine like ~5% + release GUI wallet, post ANN etc. they would probably make smilar amount of money + create honest, usable coin with much biger market depth giving them long term profit 

[slapper]

My bad. The ninjamine is actually ~ 52500 BTC (150 billion BCN @ .35BTC/mill). Awesome deal.

That's why "early adopters" aka ninjamining devs paid to include this coin @ exchange 
The thing that I don't understand.... If they would instamine like ~5% + release GUI wallet, post ANN etc. they would probably make smilar amount of money + create honest, usable coin with much biger market depth giving them long term profit 

Why would they do that when they can do what they are able to do here and FUD competition?  The dump is slow which is a testament to them however. Great job in that department.

[33zer0w0lf]

http://www.youtube.com/watch?v=vwAXcR6wRuQ

[sorryforthat]

Overall I'd say BCN but that was mostly people overpaying for a portion of my mined coins that I sold off early on. At this point they are fairly similar but MRO is more liquid and easier to trade.

Its in smooths best interest to produce FUD, he has his hands in Monero and has since before that coin was released. Regardless, anyone can mine what they want, there is no reason to keep saying all the same shit thats been said in every page on this post. Someone who gets into Bitcoin today would be saying the same thing if the community wasnt so large.

[smooth]

Overall I'd say BCN but that was mostly people overpaying for a portion of my mined coins that I sold off early on. At this point they are fairly similar but MRO is more liquid and easier to trade.

Its in smooths best interest to produce FUD, he has his hands in Monero and has since before that coin was released.

False.

1. There was zero Monero premine by me or anyone else. No one has any from before it was released, me included. I didn't even start mining it until several hours or maybe even a day after it was released. This wasn't intentional but I was busy.

2. I have a similar quantity (by value) of BCN and MRO.

Someone who gets into Bitcoin today would be saying the same thing if the community wasnt so large.

Bitcoin was not 80% premined. In fact Bitcoin isn't even 80% mined by now (only a little over 50%!), 5-6 years later.

FUD speaks for itself, I'd say. So do facts.

[graphfox]

Overall I'd say BCN but that was mostly people overpaying for a portion of my mined coins that I sold off early on. At this point they are fairly similar but MRO is more liquid and easier to trade.

Its in smooths best interest to produce FUD, he has his hands in Monero and has since before that coin was released.

False.

1. There was zero Monero premine by me or anyone else. No one has any from before it was released, me included. I didn't even start mining it until several hours or maybe even a day after it was released. This wasn't intentional but I was busy.

2. I have a similar quantity (by value) of BCN and MRO.

Someone who gets into Bitcoin today would be saying the same thing if the community wasnt so large.

Bitcoin was not 80% premined. In fact Bitcoin isn't even 80% mined by now (only a little over 50%!), 5-6 years later.

FUD speaks for itself, I'd say. So do facts.

Why should this invoke fear uncertainty and doubt though? There is clearly a motive to do this that is far from simply just being to pump and dump.

[sorryforthat]

1. There was zero Monero premine by me or anyone else. No one has any from before it was released, me included. I didn't even start mining it until several hours or maybe even a day after it was released. This wasn't intentional but I was busy.

2. I have a similar quantity (by value) of BCN and MRO.

Not really what I was getting at, you did indeed offer alot of advice to the devs, alot that was taken in account when the coin was produced. Which is what I meant when i say you had your hands in it.

Bitcoin was not 80% premined. In fact Bitcoin isn't even 80% mined by now (only a little over 50%!), 5-6 years later.

FUD speaks for itself, I'd say. So do facts.

BCN was not premined, dont confuse your words man. It was released 2 years ago and mined, considered a premine by those who have no idea what its stake in other communities are. There is very little known about alot of that, so to say facts is a long shot. No one knows how many people hold the 80%, a number that was speculated.

Alot has to be really brought up in this large argument that has plagued this thread. It has went from excitement for a new coin, written from the ground up to deep hatred. Lets just say that 80% is the true number, we can easily assume that a good portion of mined coin no longer exists. We do not know issues that may have happened in the past, bugs, wallet corruption, wallets lost due to hard drive issues, wallets lost due to lack of interest long ago, alot of coins Im sure do not exist anymore. We cant keep throwing out an arbitrary number to prove a point that has no ground.

[smooth]

BCN was not premined, dont confuse your words man. It was released 2 years ago

I don't believe it. Just because a web site that appeared less than six months ago says it was released two years ago does not make it so.

Provide proof.

and mined, considered a premine by those who have no idea what its stake in other communities are.

No those of us who don't believe there is any such stake in these "other communities" at all. The deep web is not invisible or even secret. It is only the users who try to hide, not the whole thing. Most of the so called deep web is quite visible to those who look. They've seen no evidence of bytecoin there or anywhere else. It doesn't exist.

If there is, provide proof.

[sorryforthat]

I don't believe it. Just because a web site that appeared less than six months ago says it was released two years ago does not make it so.

Provide proof.

Page 9 of this thread has a chart of the blockchain with data from 2012.

No those of us who don't believe there is any such stake in these "other communities" at all. The deep web is not invisible or even secret. It is only the users who try to hide, not the whole thing. Most of the so called deep web is quite visible to those who look. They've seen no evidence of bytecoin there or anywhere else. It doesn't exist.

If there is, provide proof.

Cause thats the only place the internet has communities that others dont know about. You dont need to be on the deepweb to avoid detection, only if you really have something to hide, and even that isnt the case.

There are a ton of Altcoins that exist on this forum that are considered worthless, dead or have fallen by the waist side but have thriving communities that you dont know about, I guess that means they dont exist. These communites do not hide and manage trades on smaller exchanges and through manual exchange.

And yes yes, I get it, you can find them if you want to. Whos to say that Bytecoin is "Bytecoin" to others and if its been Bytecoin through its entire existence. Everyone who looked took a simple approach and looked for "Bytecoin" not thinking of another way for this to be found.

[smooth]

Page 9 of this thread has a chart of the blockchain with data from 2012.

There is no proof the dates on the blocks are valid. I could easily create a blockchain with timestamps starting in 1970, that doesn't make is so.

It was falsely claimed (due to either an erroneous calculation or just a lie) that the block chain chart indicated the presence thousands of miners, but myself and others pointed out that the correct calculation is far, far smaller, and this number shrinks further especially now that the recent hashing optimizations have come to light. It is a few dozen PC's, maybe even less.

Cause thats the only place the internet has communities that others dont know about. You dont need to be on the deepweb to avoid detection, only if you really have something to hide, and even that isnt the case.

Provide proof.

EDIT: Also, you have just defined a premine. If a group of people mine off 80% of a coin in secret while "avoiding detection" before releasing it to the public, that is exactly a premine, by definition. What else do you call it?

[33zer0w0lf]

a few dozen pc's?? there is 343 connected to minergate alone.

[smooth]

a few dozen pc's?? there is 343 connected to minergate alone.

Not now. I'm talking about the alleged two year history. (I actually believe the true history to be far shorter but I can't prove it.)

The hash rate shown in the past on the block chain is far, far lower than today.

Last I looked it was about 6 million now. It's about 100k for most of that chart.

[sorryforthat]

There is no proof the dates on this blocks are valid. I could easily create a blockchain with timestamps starting in 1970, that doesn't make is so.

It was falsely claimed (due to either an erroneous calculation or just a lie) that the block chain chart indicated the presence thousands of miners, but myself and others pointed out that the correct calculation is far, far smaller, in this number shrinks further especially now that the recent hashing optimizations have come to light. It is a few dozen PC's, maybe even less.

Please create a cryptonote blockchain and prove it can be done. Prove that it would be something worth doing for this coin. All the work that went into it (written from the ground up) and you think that they would go as far as to do this. You say you pointed this out, what was the basis behind your thought of false claim/lie

That chart by the way, was posted by the dev of Monero. So we can assume that this lie and error can trancend into that coin?

EDIT: Also, you have just defined a premine. If a group of people mines a 80% of a coin in secret without detection before releasing it to the public, that is exactly a premine, by definition. What else do you call it?

Just cause you dont know, doesnt make it secret.
Check my previous post, it was edited.

[sorryforthat]

(I actually believe the true history to be far shorter but I can't prove it.)

You cant come here and ask for all this proof and have non yourself. If this is the case just stop and put it to rest. Go back to the Monero thread and leave this be.

[smooth]

Please create a cryptonote blockchain and prove it can be done.

If I have time I will do it. Not that hard. But I'm busy doing useful things. If someone else wants to do the actual work of generating it, I will explain in private the (tiny) specific code changes required.

That chart by the way, was posted by the dev of Monero. So we can assume that this lie and error can trancend into that coin?

As far as I know the chart is accurate. It is the block chain I doubt. But as I said, it doesn't really matter whether it was mined in secret for two years or mined in secret for six months. Pretty much the same thing.

EDIT: Also, you have just defined a premine. If a group of people mines a 80% of a coin in secret without detection before releasing it to the public, that is exactly a premine, by definition. What else do you call it?

Just cause you dont know, doesnt make it secret.
Check my previous post, it was edited.

Okay so your theory is that it was around "somewhere" but wasn't called bytecoin. I doubt this simply because the cryptography involved is novel and interesting enough it would have been reported and discussed (as is happening now) regardless of what it was called.

You can easily resolve this by providing proof, or at least the tiniest bit of evidence that this bytecoin-by-another-name exists.