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Author Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS  (Read 802311 times)
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Passion_ltc
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April 19, 2015, 12:45:04 PM
 #10161

Introduce yourself!

Hey guys,

introduce yourself at our new forum! Following Mal's suggestion, I added an introduction thread in the General Discussion section of our forum. Feel free to show us who you are.  Smiley


http://forum.crypti.me/viewtopic.php?f=4&t=56

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April 19, 2015, 01:55:33 PM
 #10162

Big difference in price between Cryptsy and Poloniex.  Anybody been in touch with Cryptsy to get their 0.2.0 wallet working?  We need arbitrage capability to converge on a true market price...even if it is at small volume at the moment.

https://poloniex.com/exchange#btc_xcr

https://www.cryptsy.com/markets/view/XCR_BTC
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April 19, 2015, 07:08:34 PM
 #10163

Big difference in price between Cryptsy and Poloniex.  Anybody been in touch with Cryptsy to get their 0.2.0 wallet working?  We need arbitrage capability to converge on a true market price...even if it is at small volume at the moment.

https://poloniex.com/exchange#btc_xcr

https://www.cryptsy.com/markets/view/XCR_BTC

Yep but look on the volume. Try sell or buy 1BTC worth of XCR on Cryptys and compaire it to Poloniex Cheesy
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April 20, 2015, 01:09:26 AM
 #10164

Keep up the good work guys..


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Bitrated user: Vagnavs.
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April 20, 2015, 01:35:08 PM
Last edit: April 20, 2015, 02:26:08 PM by dzarmush
 #10165

Don't you think it's time to do some marketing? One of Nxt keys to success was price growing which led to pretty good bounties and interest of developers. If people learn about Crypti potential and the price go higher, large holders would be able to invest some of their coins in projects around Crypti. Let's say someone own 1M Crypti, it's pretty much worthless now, but if the price is higher it makes possible to spend 100-150K for bounties and other stuff.

I know you'd like to make a great product first, but honestly I don't see the collision of interests. On the contrary, development and pr are two things that could go together at the same time and help each other. There won't be any good moment to start marketing, there will always be some features to finish, some bugs to fix.

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April 20, 2015, 02:55:04 PM
Last edit: April 20, 2015, 03:22:01 PM by Litoshi
 #10166

Don't you think it's time to do some marketing? One of Nxt keys to success was price growing which led to pretty good bounties and interest of developers. If people learn about Crypti potential and the price go higher, large holders would be able to invest some of their coins in projects around Crypti. Let's say someone own 1M Crypti, it's pretty much worthless now, but if the price is higher it makes possible to spend 100-150K for bounties and other stuff.

I know you'd like to make a great product first, but honestly I don't see the collision of interests. On the contrary, development and pr are two things that could go together at the same time and help each other. There won't be any good moment to start marketing, there will always be some features to finish, some bugs to fix.

The decision was to market after we have a product that will hold the interest of the public.  In market speak "the hook".  

Pre release Advertising for something like Star Wars, works because it is a known quantity.  The first Star Wars movie was not advertised at all. The long lines outside the theater were advertising enough.  

If we spent money on marketing now,  the visiting public would see "just another alt coin".  Unlikely they would remember to check on us again once we have the DAPPs functional.  

Also, we dont have the budget of the big boys, like NXT and Ripple.  Our BTC we got in the IPO was only 750, at community request, and since then the price of that BTC is 1/3 of the IPO value.  Other coins launched around the same time had 2000 BTC and more IPOs.  We sold too cheap.  

We need to spend out marketing budget to get the most bang for our money. 


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April 20, 2015, 06:37:07 PM
 #10167

I agree... in this climate, now, it's better to wait until you have real distinguishing features that are WORKING as planned - THEN you/we push onwards with marketing.



Don't you think it's time to do some marketing? One of Nxt keys to success was price growing which led to pretty good bounties and interest of developers. If people learn about Crypti potential and the price go higher, large holders would be able to invest some of their coins in projects around Crypti. Let's say someone own 1M Crypti, it's pretty much worthless now, but if the price is higher it makes possible to spend 100-150K for bounties and other stuff.

I know you'd like to make a great product first, but honestly I don't see the collision of interests. On the contrary, development and pr are two things that could go together at the same time and help each other. There won't be any good moment to start marketing, there will always be some features to finish, some bugs to fix.

The decision was to market after we have a product that will hold the interest of the public.  In market speak "the hook".  

Pre release Advertising for something like Star Wars, works because it is a known quantity.  The first Star Wars movie was not advertised at all. The long lines outside the theater were advertising enough.  

If we spent money on marketing now,  the visiting public would see "just another alt coin".  Unlikely they would remember to check on us again once we have the DAPPs functional.  

Also, we dont have the budget of the big boys, like NXT and Ripple.  Our BTC we got in the IPO was only 750, at community request, and since then the price of that BTC is 1/3 of the IPO value.  Other coins launched around the same time had 2000 BTC and more IPOs.  We sold too cheap.  

We need to spend out marketing budget to get the most bang for our money. 


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April 20, 2015, 07:40:56 PM
 #10168

Don't you think it's time to do some marketing? One of Nxt keys to success was price growing which led to pretty good bounties and interest of developers. If people learn about Crypti potential and the price go higher, large holders would be able to invest some of their coins in projects around Crypti. Let's say someone own 1M Crypti, it's pretty much worthless now, but if the price is higher it makes possible to spend 100-150K for bounties and other stuff.

I know you'd like to make a great product first, but honestly I don't see the collision of interests. On the contrary, development and pr are two things that could go together at the same time and help each other. There won't be any good moment to start marketing, there will always be some features to finish, some bugs to fix.

The decision was to market after we have a product that will hold the interest of the public.  In market speak "the hook".  

Pre release Advertising for something like Star Wars, works because it is a known quantity.  The first Star Wars movie was not advertised at all. The long lines outside the theater were advertising enough.  

If we spent money on marketing now,  the visiting public would see "just another alt coin".  Unlikely they would remember to check on us again once we have the DAPPs functional.  

Also, we dont have the budget of the big boys, like NXT and Ripple.  Our BTC we got in the IPO was only 750, at community request, and since then the price of that BTC is 1/3 of the IPO value.  Other coins launched around the same time had 2000 BTC and more IPOs.  We sold too cheap.  

We need to spend out marketing budget to get the most bang for our money.  



Sounds reasonable. And 750 BTC is kinda pocket money compared to Crypti's potential. I didn't mean to spend any money though. I meant more like news articles on major websites. If we have someone among us who could write well, they should be interested in publishing news and plans about Crypti: idea/development/future etc. Stuff like: "Crypti's Custom Blockchains - Cryptocurrencies Meet The Real World.". Idk, I'm not a copywriter but since there's so much potential here the world should know about it.

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April 20, 2015, 11:16:12 PM
 #10169

If we spent money on marketing now,  the visiting public would see "just another alt coin".  Unlikely they would remember to check on us again once we have the DAPPs functional.  

This is actually a sensible decision. It's good to know you do aknowledge that Crypti is at the moment just one of 20 coins that are similar to each other from the point of end-user experience. You need some bang style application (like a mobile android/ios wallet or adoption by a larger business) before you should throw more than $10 into any marketing.

Radix - just imagine
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April 21, 2015, 12:54:07 AM
 #10170

When we talk about waiting to market, I think it makes sense in our case. For instance, had we bombarded everyone with marketing efforts at the beginning and blown 1/3rd of our budget, we might have brought in 3x as many people to the IPO or early launch. Yes, the price would have gone up, but then when our algorithm and system failed to function how we intended and we had what amounts to a catastrophic failure of sorts, we would have lost all of those people. As many of you know in this industry, once you lose em, they're gone! You don't bring those people back in and most coins don't recover because everyone knew about them, invested, saw them as a failure, and moved on. Keeping things small and retaining our budget is what actually allowed us the opportunity to get through the hurdles we did and come out the other side.

We understand that we have a long way to go to match wits with Eth, Factom, NXT, or other major names. We discuss it regularly and do have a plan for all of this. We definitely don't intend to have a large marketing push prior to the launch of custom chains so if that is anyone's hope you will be disappointed. Our goal is to have custom chains ready to launch and functioning in a pristine manner, have our first few showcase DApps ready to go, and then to hit the marketing hard and showcase what we really bring to the table.

I think 6 months from now when you look at where we are and look back on all of the decisions we have made leading up to now, it will all have made sense. I know we ask for a lot of trust, but have the peace of mind knowing that we have constant discussions on slack, all day, every day, in reference to the majority of the issues you guys bring up. I usually have over 1,000 messages to get caught up on when I get home each day, so it's very active on our end.

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April 21, 2015, 07:05:40 AM
 #10171

Another point I want to add is, that Crypti is also a community coin. Every reasonable voice and opinion flows into our decisions. This is the reason I want to encourage you all to talk about Crypti whenever you can.

Word-of-mouth advertising was always the best marketing method and it still is.

- If you are a well-known community member at another altcoin, spread the word about Crypti.
- If you often visit local cryptocurrency meetups, spread the word about Crypti.
- If you are on Bitcoin conferences, spread the word about Crypti.


We (the Crypti Foundation) can't be everywhere, a big community is much stronger. Dogecoin showed this. If the above doesn't fit to you, maybe you are a coder? You can create new tools for Crypti like karmacoma24 is doing marvelously since months. You are not a coder? Maybe you are a writer? Write news portals about Crypti, tell them great news about us. They will likely cover us more often this way. If you are not a good writer, you can still just mention Crypti on Bitcointalk or retweet our tweets.

I don't want to encourage you to spam, but if you see a topic in which it simply fits to mention Crypti, then do it. Smiley


This weekend I will prepare a Crypti marketing document, in which you can insert your efforts. Maybe you will get some bounties for them. Wink

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April 21, 2015, 11:29:15 AM
 #10172

Bounties make no sense if you give 1000 or 5000 Crypti away, as these amounts are virtually worthless.

Radix - just imagine - radix.global
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April 21, 2015, 11:43:51 AM
 #10173

Absolutely, GreXX, I wasn't questioning any of the foundation decisions. Just thought it might be not very bad idea to start spreading word about Crypti, so by the time when custom blockchains is ready, more people would be aware of it and waiting for the launch.

I'm personally glad that the price went low at some point, because I was able to increase my holdings ) I also brought three other people into Crypti.

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April 21, 2015, 02:45:00 PM
 #10174

If we spent money on marketing now,  the visiting public would see "just another alt coin".  Unlikely they would remember to check on us again once we have the DAPPs functional.  

This is actually a sensible decision. It's good to know you do aknowledge that Crypti is at the moment just one of 20 coins that are similar to each other from the point of end-user experience. You need some bang style application (like a mobile android/ios wallet or adoption by a larger business) before you should throw more than $10 into any marketing.

Agree with all of this, ESPECIALLY the need to get some Crypti smartphone apps going.
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April 21, 2015, 06:31:24 PM
 #10175

Crypti v0.2.0a Release

The Crypti Foundation is taking every form of feedback very serious. Last week you all criticized the fee structure for a delegate registration, therefore we discussed it internally and decided to lower it. We don't want to create a fictional barrier for users, who want to help secure the network. This is why we lowered the delegate registration fee to 100 XCR (from 10,000 XCR before). Additionally we don't want to hinder people from making their accounts more secure, that's why we also lowered the 2nd passphrase initialization fee to 5 XCR (from 100 XCR before).


Important

This release took a bit longer, because we introduce a new system for updates. This system allows the client to activate the updates at a specific block height. Before this specific block height all fees will remain the same like before! But once it's passed the fees are automatically updated. Other cryptocurrencies are already doing it like that.

We decided to use the block height of 114,000! It's roughly in two days.


We are looking for additional active members becoming an active delegate, in order to accelerate this we have lowered the fees. If you register a delegate and have a node actively running, please promote it in our Delegates Section on our Official Crypti Forum!


Delegates by community members

Some community members already registered for being a delegate. The Crypti Foundation will reimburse the outstanding 9,900 XCR! Please send me a private message on our Official Crypti Forum with your delegate name and Crypti address, in which you want to receive your XCR. It's important that you send me the private message from the account, from which you promoted your delegate. Everyone who register a delegate between now and block 114,000 will not be reimbursed the 9,900 XCR.


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The Crypti Foundation

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April 21, 2015, 06:33:29 PM
 #10176

Crypti v0.2.0a Release

The Crypti Foundation is taking every form of feedback very serious. Last week you all criticized the fee structure for a delegate registration, therefore we discussed it internally and decided to lower it. We don't want to create a fictional barrier for users, who want to help secure the network. This is why we lowered the delegate registration fee to 100 XCR (from 10,000 XCR before). Additionally we don't want to hinder people from making their accounts more secure, that's why we also lowered the 2nd passphrase initialization fee to 5 XCR (from 100 XCR before).


Important

This release took a bit longer, because we introduce a new system for updates. This system allows the client to activate the updates at a specific block height. Before this specific block height all fees will remain the same like before! But once it's passed the fees are automatically updated. Other cryptocurrencies are already doing it like that.

We decided to use the block height of 114,000! It's roughly in two days.


We are looking for additional active members becoming an active delegate, in order to accelerate this we have lowered the fees. If you register a delegate and have a node actively running, please promote it in our Delegates Section on our Official Crypti Forum!


Delegates by community members

Some community members already registered for being a delegate. The Crypti Foundation will reimburse the outstanding 9,900 XCR! Please send me a private message on our Official Crypti Forum with your delegate name and Crypti address, in which you want to receive your XCR. It's important that you send me the private message from the account, from which you promoted your delegate. Everyone who register a delegate between now and block 114,000 will not be reimbursed the 9,900 XCR.


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The Crypti Foundation

confirmed. Smiley
MalReynolds
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April 21, 2015, 06:41:41 PM
Last edit: April 21, 2015, 07:08:13 PM by MalReynolds
 #10177

Crypti v0.2.0a Release

....we lowered the delegate registration fee to 100 XCR (from 10,000 XCR before). Additionally we don't want to hinder people from making their accounts more secure, that's why we also lowered the 2nd passphrase initialization fee to 5 XCR (from 100 XCR before).

Important

We decided to <start these new fees at> the block height of 114,000! It's roughly in two days...Everyone who register a delegate between now and block 114,000 will not be reimbursed the 9,900 XCR.

Download links

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Absolutely a move in the right direction for Crypti.  I look forward to block 114,001, and will register my Delegate at that time.  Thanks, devs!
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April 21, 2015, 07:54:38 PM
 #10178

confirmed. Smiley

Time to change your sig...  Smiley
rtrtcrypto
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April 21, 2015, 08:25:37 PM
 #10179

Can I ask really stupid Delegate questions?

Do I need to be running things on MY OWN GEAR to run a delegate? Or, can I just set something up remotely and then call it a day? Just pay month to month and let the delegate run itself and have perfect uptime as long as it's good gear and always paid on time?

Sorry for these absurdly stupid questions, but I don't know anything about nodes and delegates. However, I AM willing to pay the month to month costs to run something out of the USA and keep it online 100% of the time (if this is only a cost related issue). I am moving around a lot this year and CANNOT run gear from my own home in a reliable way this year - so, if this is something that is needed to be done locally, then I will pass on this!

Thanks to whomever helps out answering these silly questions.

 
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April 21, 2015, 10:26:02 PM
 #10180

Crypti v0.2.0a Release

The Crypti Foundation is taking every form of feedback very serious. Last week you all criticized the fee structure for a delegate registration, therefore we discussed it internally and decided to lower it. We don't want to create a fictional barrier for users, who want to help secure the network. This is why we lowered the delegate registration fee to 100 XCR (from 10,000 XCR before). Additionally we don't want to hinder people from making their accounts more secure, that's why we also lowered the 2nd passphrase initialization fee to 5 XCR (from 100 XCR before).


Important

This release took a bit longer, because we introduce a new system for updates. This system allows the client to activate the updates at a specific block height. Before this specific block height all fees will remain the same like before! But once it's passed the fees are automatically updated. Other cryptocurrencies are already doing it like that.

We decided to use the block height of 114,000! It's roughly in two days.


We are looking for additional active members becoming an active delegate, in order to accelerate this we have lowered the fees. If you register a delegate and have a node actively running, please promote it in our Delegates Section on our Official Crypti Forum!


Delegates by community members

Some community members already registered for being a delegate. The Crypti Foundation will reimburse the outstanding 9,900 XCR! Please send me a private message on our Official Crypti Forum with your delegate name and Crypti address, in which you want to receive your XCR. It's important that you send me the private message from the account, from which you promoted your delegate. Everyone who register a delegate between now and block 114,000 will not be reimbursed the 9,900 XCR.


Download links

Windows

Mac OS

Linux





The Crypti Foundation

Passion_ltc, is this a mandatory update? Do all existing delegates have to update to this new version before block 114 000? Just want to make sure, if it is a mandatory update, please make it more visible so that everyone updates ASAP.
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