[ANN][JPC]MAKE JACKPOTCOIN GREAT AGAIN!

[Spoetnik]

Anybody know what is going on at Askcoin.net with JPC?
The only trading pair that is generating decent traffic on that new exchange is JPC, but the trading is very strange.
There are standing orders since a long time at Sell 15 Sat, Buy 10 Sat.
Then when I look at the trading that is going on, I see very many small trades, all between 1 and 12 mBTC and every one is
*in between* the existing standing offers, without these trades ever showing up on the Buy/Sell overview,
because every one of them is immediately fulfilled at 11, 12, 13 or 14 Sat.
It is as if a single computer is constantly generating Buy/Sell matched pairs, just to make trading traffic on this coin.
I saw someone stopping this strange behavior by placing a standing Sell offer adjacent to an existing Buy offer (14/15 Sat)
then the strange trading stopped for a while. Eventually the small Sell was bought (manually?) and the automated trading
started again. I saw this repeat at least 3 more times in 2 days.
What is going on here, anybody know?
The trading is in very small amounts, but over a day it adds up to around 1 BTC, but I tried and can never get a buy or sell from
that trading, it simply stops if there is an existing offer, only using the empty space between existing Buy and Sell price. Very weird.

never even heard of that place before.. anyone else besides this guy ? Tried it ?
and yeah sounds weird

[S_tring]

I have had coins sitting unconfirmed on Dwarfpool for hours now. Has confirmation time increased now..?

[Spoetnik]

450270 and counting fast.. we're close !

edit:
UPDATE your wallets if you did not hear the news people.. mandatory update to fix a POS bug.

[Cor2]

Anybody know what is going on at Askcoin.net with JPC?
The only trading pair that is generating decent traffic on that new exchange is JPC, but the trading is very strange.
There are standing orders since a long time at Sell 15 Sat, Buy 10 Sat.
Then when I look at the trading that is going on, I see very many small trades, all between 1 and 12 mBTC and every one is
*in between* the existing standing offers, without these trades ever showing up on the Buy/Sell overview,
because every one of them is immediately fulfilled at 11, 12, 13 or 14 Sat.
It is as if a single computer is constantly generating Buy/Sell matched pairs, just to make trading traffic on this coin.
I saw someone stopping this strange behavior by placing a standing Sell offer adjacent to an existing Buy offer (14/15 Sat)
then the strange trading stopped for a while. Eventually the small Sell was bought (manually?) and the automated trading
started again. I saw this repeat at least 3 more times in 2 days.
What is going on here, anybody know?
The trading is in very small amounts, but over a day it adds up to around 1 BTC, but I tried and can never get a buy or sell from
that trading, it simply stops if there is an existing offer, only using the empty space between existing Buy and Sell price. Very weird.

never even heard of that place before.. anyone else besides this guy ? Tried it ?
and yeah sounds weird

It is a new exchange - we just had a coin listed there that we are promoting since a long time (ORB) so I was checking out that exchange.
I checked and I can't find any benefit for JPC *traders* to make many small trades, since it is not the traders that get the Jackpot, right?
So I wonder what the benefit to traders would be to generate all this "ghost" traffic. Askcoin does have a giveaway of 0.1 BTC for every 10,000th trade, but I think the trading fees would accumulate to a higher amount than that reward... I can't figure out why someone
wants to be trading random small amounts of JPC all day to himself...

[pinhead77]

On the 19th, that was the date that the coin Forked due to a bug in the PoS code. Therefore all the coins mined on that date wouldn't have been valid. This was not an issue with our pool.

Is that so? I receive my coins (early 19.7) from dwarfpool with some delay. I can printscr my wallet if you want. And why you don't answer to my email? Great support.

[Atrides]

I have had coins sitting unconfirmed on Dwarfpool for hours now. Has confirmation time increased now..?

It's because there are currently no PoS blocks. Was ca.20 minutes, now ca. 2hours.

[JackpotCoin]

Anybody know what is going on at Askcoin.net with JPC?
The only trading pair that is generating decent traffic on that new exchange is JPC, but the trading is very strange.
There are standing orders since a long time at Sell 15 Sat, Buy 10 Sat.
Then when I look at the trading that is going on, I see very many small trades, all between 1 and 12 mBTC and every one is
*in between* the existing standing offers, without these trades ever showing up on the Buy/Sell overview,
because every one of them is immediately fulfilled at 11, 12, 13 or 14 Sat.
It is as if a single computer is constantly generating Buy/Sell matched pairs, just to make trading traffic on this coin.
I saw someone stopping this strange behavior by placing a standing Sell offer adjacent to an existing Buy offer (14/15 Sat)
then the strange trading stopped for a while. Eventually the small Sell was bought (manually?) and the automated trading
started again. I saw this repeat at least 3 more times in 2 days.
What is going on here, anybody know?
The trading is in very small amounts, but over a day it adds up to around 1 BTC, but I tried and can never get a buy or sell from
that trading, it simply stops if there is an existing offer, only using the empty space between existing Buy and Sell price. Very weird.

never even heard of that place before.. anyone else besides this guy ? Tried it ?
and yeah sounds weird

It is a new exchange - we just had a coin listed there that we are promoting since a long time (ORB) so I was checking out that exchange.
I checked and I can't find any benefit for JPC *traders* to make many small trades, since it is not the traders that get the Jackpot, right?
So I wonder what the benefit to traders would be to generate all this "ghost" traffic. Askcoin does have a giveaway of 0.1 BTC for every 10,000th trade, but I think the trading fees would accumulate to a higher amount than that reward... I can't figure out why someone
wants to be trading random small amounts of JPC all day to himself...

Thanks for the heads up! I put a warning following the link in the OP.

[Atrides]

Detailed per rig statistic added on DwarfPool.

On the graphs you can see individual sent shares for each worker that has own worker-id.

http://dwarfpool.com/jpc

Looks like that:



DwarfPool Quality you can trust!

[Spoetnik]

Anybody know what is going on at Askcoin.net with JPC?
The only trading pair that is generating decent traffic on that new exchange is JPC, but the trading is very strange.
There are standing orders since a long time at Sell 15 Sat, Buy 10 Sat.
Then when I look at the trading that is going on, I see very many small trades, all between 1 and 12 mBTC and every one is
*in between* the existing standing offers, without these trades ever showing up on the Buy/Sell overview,
because every one of them is immediately fulfilled at 11, 12, 13 or 14 Sat.
It is as if a single computer is constantly generating Buy/Sell matched pairs, just to make trading traffic on this coin.
I saw someone stopping this strange behavior by placing a standing Sell offer adjacent to an existing Buy offer (14/15 Sat)
then the strange trading stopped for a while. Eventually the small Sell was bought (manually?) and the automated trading
started again. I saw this repeat at least 3 more times in 2 days.
What is going on here, anybody know?
The trading is in very small amounts, but over a day it adds up to around 1 BTC, but I tried and can never get a buy or sell from
that trading, it simply stops if there is an existing offer, only using the empty space between existing Buy and Sell price. Very weird.

never even heard of that place before.. anyone else besides this guy ? Tried it ?
and yeah sounds weird

It is a new exchange - we just had a coin listed there that we are promoting since a long time (ORB) so I was checking out that exchange.
I checked and I can't find any benefit for JPC *traders* to make many small trades, since it is not the traders that get the Jackpot, right?
So I wonder what the benefit to traders would be to generate all this "ghost" traffic. Askcoin does have a giveaway of 0.1 BTC for every 10,000th trade, but I think the trading fees would accumulate to a higher amount than that reward... I can't figure out why someone
wants to be trading random small amounts of JPC all day to himself...

right away i though BOT or automated server side exchange code doing that eh
have you tried to contact the admin of the site and ask them directly what is going on ?
best i could do is speculate.. i bet the exchange knows what is going on lol

[ltcnim]

362 blocks until PoS kicks in again (hopefully )

[mkimid]

362 blocks until PoS kicks in again (hopefully )

Hope working well,
Actually, ETA has changed to mid night (EST)

[alani123]

362 blocks until PoS kicks in again (hopefully )

Care to give me some insight? Did the PoS stop working? I've missed something.

[Litoshi]

362 blocks until PoS kicks in again (hopefully )

Care to give me some insight? Did the PoS stop working? I've missed something.

The fork that occured a few days ago resulted in every exchange having to resync to the proper blockchain, as well as a wallet upgrade for every user that wants any POS.  

The POS was suspended meanwhile

Are you on version 1.4.1?

[rgm108]

Great job by dev taking the time to find the issue & fix it.

Are we going to be told what the issue was? Would be great to know these things so that we can avoid it in the future.

[TheCoinFinder]

On the 19th, that was the date that the coin Forked due to a bug in the PoS code. Therefore all the coins mined on that date wouldn't have been valid. This was not an issue with our pool.

Is that so? I receive my coins (early 19.7) from dwarfpool with some delay. I can printscr my wallet if you want. And why you don't answer to my email? Great support.

Dwarfpool were on the one side of the fork. We were on the other. As they had the most hash I believe it was there pool that stayed on the "main fork".

Apologies for not replying to those emails at the time. We do answer all support emails normally within 24 hours, longer at the weekends.

[TheCoinFinder]

On the 19th, that was the date that the coin Forked due to a bug in the PoS code. Therefore all the coins mined on that date wouldn't have been valid. This was not an issue with our pool.

Is that so? I receive my coins (early 19.7) from dwarfpool with some delay. I can printscr my wallet if you want. And why you don't answer to my email? Great support.

Further, I lost (personally) 500,000 JPC due to the fork - which I guess over all isn't that much - but it was basically the profits from the last month or so of the pool. I have a wallet file now that is unusable - just keeps coming up with "Mempool transaction" errors. Had to create a new wallet file for the relaunch.

[Litoshi]

Great job by dev taking the time to find the issue & fix it.

Are we going to be told what the issue was? Would be great to know these things so that we can avoid it in the future.

Forks in the blockchain generally occur when two different pools find the solution at nearly the same time.  It is compounded by one of the pools having a very large part of the total network hash.  

Best way to avoid it is to spread the hash rate around, or have only one pool.  

[Litoshi]

On the 19th, that was the date that the coin Forked due to a bug in the PoS code. Therefore all the coins mined on that date wouldn't have been valid. This was not an issue with our pool.

Is that so? I receive my coins (early 19.7) from dwarfpool with some delay. I can printscr my wallet if you want. And why you don't answer to my email? Great support.

Further, I lost (personally) 500,000 JPC due to the fork - which I guess over all isn't that much - but it was basically the profits from the last month or so of the pool. I have a wallet file now that is unusable - just keeps coming up with "Mempool transaction" errors. Had to create a new wallet file for the relaunch.

You are not performing cold storage backups frequently enough. 

[TheCoinFinder]

You are not performing cold storage backups frequently enough. 

There is generally little need for cold storage backups of most Hashharder pools due to the very low amount of coins on them. As the coins are paid to the miners, this is not the same situation as a pool that collects and keeps the coins the miners mine.

[Litoshi]

You are not performing cold storage backups frequently enough.  

There is generally little need for cold storage backups of most Hashharder pools due to the very low amount of coins on them. As the coins are paid to the miners, this is not the same situation as a pool that collects and keeps the coins the miners mine.

i was referencing your own coins.  you said you lost 500,000 of your own coins.

Thats about .1 BTC, or $62,00 USD.


You could use a month old wallet.dat and resync to get your coins back.  But without a backup....................*