[AC] AsiaCoin | Pure PoS | 100% Interest

[RJF19]

Survival Tips

option A - BTER handles swap (bad)
option B - cryptopia handles swap (better)
option C - both (best) but how to manage coins?  who getting how many?

1. generate a whole new 'update' chain/algo/wallet  (run it in beta)
2. reduce coin count divide by 100 OR increase x10
3. announce swap date 6 weeks before it happens ... keep it open for 4 weeks
4. burn the left overs (that means Cryptsy coins get deleted .. elsewise you'll likely end up buying them from the Thief)
5. look at proof of line and flat (or max) reward per block for the new algo

So do we just abandon the cryptsy users?

There's really nothing that can be done about that unless Cryptsy chooses to do so. They are holding peoples coins, not AsiaCoin as as you have discovered already, no amount of pleading, begging or threatening is going to change that. If you do a swap, keep the option open for those with coins on Cryptsy just to be fair, offer the swap later if Cryptsy ever frees up the coins.

[1715571974]

1715571974

[1715571974]

1715571974

[qgmurugan007]

Survival Tips

option A - BTER handles swap (bad)
option B - cryptopia handles swap (better)
option C - both (best) but how to manage coins?  who getting how many?

1. generate a whole new 'update' chain/algo/wallet  (run it in beta)
2. reduce coin count divide by 100 OR increase x10
3. announce swap date 6 weeks before it happens ... keep it open for 4 weeks
4. burn the left overs (that means Cryptsy coins get deleted .. elsewise you'll likely end up buying them from the Thief)
5. look at proof of line and flat (or max) reward per block for the new algo

So do we just abandon the cryptsy users?

There's really nothing that can be done about that unless Cryptsy chooses to do so. They are holding peoples coins, not AsiaCoin as as you have discovered already, no amount of pleading, begging or threatening is going to change that. If you do a swap, keep the option open for those with coins on Cryptsy just to be fair, offer the swap later if Cryptsy ever frees up the coins.

If we are making a new chain,
Cryptsy is still up and log in works. Can we make printscreens of your balance and use it as a proof for new swap?

[bittcoinn]

short description of Cryptsy stories 350+ pages. it seems nobody here followed these pages

1.BigVern divorce case (documented there with all details, motions, hearings and so on)
  from what we understand should include Project Investors and Cryptsy itself

  Cryptsy should be sold and wife and lawyers paid.

  Most likely Cryptsy would not be able to separate own coins and deposited coins, all should be sold.

  this divorce case might be phony but obviously nobody can prove it, actually this divorce case most likely is real, ugly and tough, as BigVern is linked to younger lady, which is speculatively  linked to escaping from FalunGong quagmire in 2008 and who is speculatively suspected to be a very bright programmer. And BigVern
wife comes from a tough high-ranked military family.

2.some guys started class action, with expensive lawyers. Obviously their claims
  are much higher than their real loss.

3.Cryptsy workers began to flee hard since November.
  Most visible defector was wallet man Mullick (and suddenly most of wallets went  maintenance)

  After Mullick was gone remaining Cryptsy guys had problems to find links to wallets (Horus asked  in this  thread where is link to wallet)

 in Cryptsy thread some guys speculated that Mullick has taken some coins with him.

4.actually last active months December and January Cryptsy has returned a lot of small, illiquid coins
 without volume to depositors.
 this is documented in the thread, and also all my friends all got Asiacoin back

 a list of small coins which could be withdrawn was published on blog.cryptsy.com


Sorry - when someone claims that his Asiacoins are blocked now on Cryptsy  this story sounds to me as completely untrue and not legit[/font]

besides, both on this thread and on Cryptsy thread 350+ pages nobody ever specifically complained of blocked Asiacoin.

Asiacoin was one of easiest coins to withdraw as very illiquid.

Returning to Cryptsy stories - supposedly Cryptsy was hacked of around 14.000 BTC early
2015, supposedly due to malware in a wallet of very small coin.
BigVern has decided to disclose this hack after over 20 months.

All this story is weird.
Anyway, officially Cryptsy is short of around 14.000BTC since.
Returning any deposits and values from Cryptsy, having in mind 14.000 BTC loss, wife claims, court order of freezing assets, and class action - this hope is extremely fragile.

As to Asiacoin related to Cryptsy - as have written to this thread several times - believe that millions held on Cryptsy related wallets are not depositors coins but remainder of original April 2014 hack - free coins from hidden premine, washed through (wisely defunct) Mintpal.

And this is real headache for Asiacoin - nobody will try to expensively pump Asiacoin to be dumped on with millions of free Asiacoin from Cryptsy-related guys (friends of original hacker)

[qgmurugan007]

short description of Cryptsy stories 350+ pages. it seems nobody here followed these pages

1.BigVern divorce case (documented there with all details, motions, hearings and so on)
  from what we understand should include Project Investors and Cryptsy itself

  Cryptsy should be sold and wife and lawyers paid.

  Most likely Cryptsy would not be able to separate own coins and deposited coins, all     should be sold.

  this case might be phony but obviously nobody can prove it

2.some guys started class action, with expensive lawyers. Obviously their claims
  are much higher than real loss.

3.Cryptsy workers began to flee hard since November.
  Most visible defector was wallet man Mullick (and suddenly most of wallets went  maintenance)

  After Mullick was gone remaining Cryptsy guys had problems to find links to wallets (Horus asked  in this  thread where is link to wallet)

 in Cryptsy thread some guys speculated that Mullick has taken some coins with him

4.actually last active months December and January Cryptsy has returned lot of small coins
 without volume to depositors.
 this is documented in the thread, and also all my friends all got Asiacoin back

 a list of small coins which could be withdrawn was published on blog.cryptsy.com


Sorry - when someone claims that his Asiacoins are blocked now on Cryptsy  this story sounds to me as completely untrue and not legit[/font]

besides, both on this thread and on Cryptsy thread 350+ pages nobody ever specifically complained of blocked Asiacoin.

Asiacoin was one of easiest coins to withdraw as very illiquid.

Returning to Cryptsy stories - supposedly Cryptsy was hacked of around 14.000 BTC early
2015, supposedly to malware in a wallet of very small coin.
BigVern has decided to disclose this hack after over 20 months.

All this story is weird.
Anyway, officially Cryptsy is short of around 14.000BTC since.
Returning any deposits and values from Cryptsy, having in mind 14.000 BTC loss, wife and class action - this hope is extremely fragile.

As to Asiacoin related to Cryptsy - as have written to this thread several times - believe that millions held on Cryptsy related wallets are not depositors coins but remainder of original April 2014 hack - free coins from hidden premine, washed through (wisely defunct) Mintpal.

And this is real headache for Asiacoin - nobody will try to expensively pump Asiacoin to be dumped on with millions of free Asiacoin from Cryptsy-related guys (friends of original hacker)

Thanks bittcoin for the info.
Didnt know you could withdraw  AsiaCoin succesfully from cryptsy, in fact I never tried it as my other big investments were not withdrawable.
We can indeed ignore cryptsy if we go ahead with a new chain.

[bittcoinn]

Survival Tips

option A - BTER handles swap (bad)
option B - cryptopia handles swap (better)
option C - both (best) but how to manage coins?  who getting how many?

1. generate a whole new 'update' chain/algo/wallet  (run it in beta)
2. reduce coin count divide by 100 OR increase x10
3. announce swap date 6 weeks before it happens ... keep it open for 4 weeks
4. burn the left overs (that means Cryptsy coins get deleted .. elsewise you'll likely end up buying them from the Thief)
5. look at proof of line and flat (or max) reward per block for the new algo

So do we just abandon the cryptsy users?

There's really nothing that can be done about that unless Cryptsy chooses to do so. They are holding peoples coins, not AsiaCoin as as you have discovered already, no amount of pleading, begging or threatening is going to change that. If you do a swap, keep the option open for those with coins on Cryptsy just to be fair, offer the swap later if Cryptsy ever frees up the coins.

If we are making a new chain,
Cryptsy is still up and log in works. Can we make printscreens of your balance and use it as a proof for new swap?

as to ''printscreens''

this is quite non-professional

trade printscreens for blockchain

we all know what is real value of Bitcoin and altcoins

the blockchain

hope you can figure out (find somewhere?) your original Asiacoin address? then it will be easy to figure out transfer to Cryptsy

maybe can find original Asiacoin address on Cryptsy logs?
tab 'deposits'

actually, when this transfer was done? 2014? 2015? 2016?

[qgmurugan007]

the transfer was all done in 2015. and I can see all the details.
I am gonna try a withdraw once my wallet is synced up.

[bittcoinn]

the transfer was all done in 2015. and I can see all the details.
I am gonna try a withdraw once my wallet is synced up.

great

it would be OK to hear more of this story


from what I understand from Cryptsy 350+ pages thread, all coins balances should be frozen
since December by court order.

These small and illiquid coins withdrawals were made by unknown Cryptsy guys from an unknown location (office closed long ago) as trying to build some good karma (or positive
evidence of goodwill) in a ocean of harm.

have not idea whatsoever if this goodwill persists after 2.5 more months. in a vice world time runs very fast.

as to my BTC - did not tried, too. actually nobody ever reported in the thread getting any major coins back.

actually, if this story of court order freezing all Cryptsy assets from December is/was true, ( in this thread was/is link to original documents, but did not follow these links in legalese - it was tough enough to follow closely post-by-post 350 pages on BCT ) , making these withdrawals - against a court freeze order -  would constitute a kind of felony.
after 2.5 more months  of accelerated law learning for Cryptsy guys - would be very surprised to learn that these unknown Cryptsy guys are making more withdrawals ( or : more felonies ? ) from officially unknown wallets and from an undisclosed location.

[bluedude]

the transfer was all done in 2015. and I can see all the details.
I am gonna try a withdraw once my wallet is synced up.

If you have other big holdings in cryptsy, I would recommend not withdrawing anything now.
If a lawsuit succeeds, then there may be a distinction between users who have got partial coins back and users who got nothing back.
Thats my 2 cents and I will wait out and see how the legal proceedings go.

[qgmurugan007]

the transfer was all done in 2015. and I can see all the details.
I am gonna try a withdraw once my wallet is synced up.

If you have other big holdings in cryptsy, I would recommend not withdrawing anything now.
If a lawsuit succeeds, then there may be a distinction between users who have got partial coins back and users who got nothing back.
Thats my 2 cents and I will wait out and see how the legal proceedings go.

I dont think it will have any impact on the final outcome.I hope every one gets all their coins back from them.

[PapillonV]

the transfer was all done in 2015. and I can see all the details.
I am gonna try a withdraw once my wallet is synced up.

If you have other big holdings in cryptsy, I would recommend not withdrawing anything now.
If a lawsuit succeeds, then there may be a distinction between users who have got partial coins back and users who got nothing back.
Thats my 2 cents and I will wait out and see how the legal proceedings go.

I still have coins on Cryptsy, we just have to wait.

[BitcoinNational]

I still have coins on Cryptsy, we just have to wait.

obama HOPE ... wait his term limits have expired.
VERN stole your coins ... 99.9% sure no recovery.

this coin has high market cap, best to bring in a dev and fork it, and fork off all of the Cry coins, sorry so sad, but it saves your kessters.

[bittcoinn]

new Asia coin : biggest four wallets have 97.84% of all coins
a record instamine
http://www.multifaucet.tk/index.php?blockexplorer=ADCN&top_addresses=100

edit:

it was a premine of 9333333 coins ( as to current coin supply it makes a premine of 98.2% )


in main.cpp :

int64 nSubsidy = 50 * COIN;

            if(nHeight == 1)
            {
            nSubsidy = 9333333 * COIN;



edit: coinmarketcap shows ADCN market cap per "available Supply" and shows market cap for April 17 as 110 BTC

actually, due to unclear nature of premine of 9333333 ADCN, ( nowhere on asiadigicoin.org is shown intended use of this premine )
would be more correct to show ADCN market cap from total supply of 9,502,733 ADCN

and that would show ADCN market cap as 6163 BTC

a nice beginning

with more coins mined that could easily surpass market cap of 10000 BTC

[GrinZ]

AC faucet: http://cryptoguru.tk/Faucet/index.php?Currency=AC

[usd]

what happens to https://chainz.cryptoid.info/ac/# ?
Collapse? Do you know something more?

[disco987]

what happens to https://chainz.cryptoid.info/ac/# ?
Collapse? Do you know something more?

It seems no new blocks,here too

http://www.multifaucet.tk/index.php?blockexplorer=AC

[KOZO]

anyone know why asiacoin risingup like its the best of all altcoins around? rising up to 200% is so cool... any idea?

[disco987]

anyone know why asiacoin risingup like its the best of all altcoins around? rising up to 200% is so cool... any idea?

Someone buys and pumped,no other reason.

[barean]

coin dead?

[HarryPorter]

coin dead?

doesn't looks like, quite nice support on cryptopia https://www.cryptopia.co.nz/Exchange/?market=AC_BTC,
- wonder what that mean...

[Gema]

coin dead?

doesn't looks like, quite nice support on cryptopia https://www.cryptopia.co.nz/Exchange/?market=AC_BTC,
- wonder what that mean...

I can't send my coins to cryptopia from wallet. And lost transaction from cryptopia to my wallet.