[ANN][CRYSTAL] CrystalCoin - X15 - Mining Game! - LAUNCHED NOW!

[stuffage1]

Well I wanted to jump in on this coin, but I seem to see a problem with the algo that was chosen:




It seems that there could be someone who will hold more than 25% of this coin when the POW phase ends, if they choose to.


Good luck everyone.

That's a GPU farm....those 1 million+ kilohashes have just started popping up everywhere this week. Which figures since it started happening literally 3 days after I built my 3 GPU mining rig. Eff my life, am i right?

Unless the chinese have already made X11,X13 and X15 asics rigs which is totally possible.

Yeah ive been seeing those a lot lately and what sucks is all the do is dump

he could, but he was getting that speed for only a short while, there also someone who purchases 40 shares.

[cindereynolds]

Well I wanted to jump in on this coin, but I seem to see a problem with the algo that was chosen:




It seems that there could be someone who will hold more than 25% of this coin when the POW phase ends, if they choose to.


Good luck everyone.

That's a GPU farm....those 1 million+ kilohashes have just started popping up everywhere this week. Which figures since it started happening literally 3 days after I built my 3 GPU mining rig. Eff my life, am i right?

Unless the chinese have already made X11,X13 and X15 asics rigs which is totally possible.

Yeah ive been seeing those a lot lately and what sucks is all the do is dump

he could, but he was getting that speed for only a short while, there also someone who purchases 40 shares.

Today I saw a guy with 4.5 million kilohashes mining CANN. With the going mining rig rental rates he/she would be mining at a heavy loss of btc...

I heard rumors of chinese x11-15 asics and it looks like it might be true.   

[Vlizzjeffrey]

any1 can rent hash they want, stop crying, these people taking risk of renting and may lose money or may win money.

best thing imo is to put hash limit restrictions, like limicoin

[TKKP]

most of these hashes can be rented and only run for short period of time maybe 6hrs-24hrs max and will only profitable at the beginning because of low diff

[chrison999]

Rented some hash and got me a bit of CrystalCoin at the launch.  Now all we need is an exchange.  Looks like the launch went smoothly...  gratz on that, devs!

Chris

[hashhot]

http://crystal.minerpools.com/

Pre-registration open!

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Stratum for Crystal stratum+tcp://192.155.89.136:4123  -u Weblogin.WorkerName -p WorkerPassword

Come join us!

Dev, please add us to the OP, thx!

Pool master, CRYSTAL why not save withdrawals  address?

Hashhot pool can withdraw you coins...Please dig to hashhot Pool http://crystal.hashhot.com

[ebeth08]

When can we expect our IPO share coins?  Already past when we where told we would receive them???

[minerpools]

Right now I'm fixing the issue with addresses not being saved, I'll post back when it's done.
EDIT: The frontend will be down for 20-30 minutes. Stratum will keep running and finding blocks in the meantime.

[manatwork]

What's the mined cost per coin?

Its a very complicate question. depends on many factors. i guess 1k sat.

[Vlizzjeffrey]

the people that participated the ipo got their coins for very cheap, should of kept the initial ammount of coins you put in 1st place.

specially the guy that bought 40 shares, only 2 btc for 120 000 coins? So they get Crystalcoin for 1700 sat a piece? isnt that a bit low im mining with 100 mh for 3 hours now and i have 250 coins...

 pool says i will mine 1000 in 24 hours with this diff, so i will need to mine 120 days with 100 mh/s to get 120 000 coins that an ipo participant bought for 2 btc?

not fair distubution at all, should of thought about it but of course you were blinded by greed since you halved the price of the ipo, scared it wouldn't sell out.

[eastwind_ja]

When can we expect our IPO share coins?  Already past when we where told we would receive them???

Yes ,waiting for the IPO distribution plan, there should have some voice from dev team

[Marvell1]

There should have been a limit on number of shares

[eastwind_ja]

the people that participated the ipo got their coins for very cheap, should of kept the initial ammount of coins you put in 1st place.

specially the guy that bought 40 shares, only 2 btc for 120 000 coins? So they get Crystalcoin for 1700 sat a piece? isnt that a bit low im mining with 100 mh for 3 hours now and i have 250 coins...

 pool says i will mine 1000 in 24 hours with this diff, so i will need to mine 120 days with 100 mh/s to get 120 000 coins that an ipo participant bought for 2 btc?

not fair distubution at all, should of thought about it but of course you were blinded by greed since you halved the price of the ipo, scared it wouldn't sell out.

not right ,, IPO holders will cherish their stakes , they worried about miners' dumpling.

[Vlizzjeffrey]

There should have been a limit on number of shares

the people that participated the ipo got their coins for very cheap, should of kept the initial ammount of coins you put in 1st place.

specially the guy that bought 40 shares, only 2 btc for 120 000 coins? So they get Crystalcoin for 1700 sat a piece? isnt that a bit low im mining with 100 mh for 3 hours now and i have 250 coins...

 pool says i will mine 1000 in 24 hours with this diff, so i will need to mine 120 days with 100 mh/s to get 120 000 coins that an ipo participant bought for 2 btc?

not fair distubution at all, should of thought about it but of course you were blinded by greed since you halved the price of the ipo, scared it wouldn't sell out.

this also, a limit on number of shares, but also the fact ipo is so cheap, same thing happend to revo coin, ipo participants got their coins for 80 sat each, easy dump on 500 sat ofcourse, no recovery after.

[cindereynolds]

any1 can rent hash they want, stop crying, these people taking risk of renting and may lose money or may win money.

best thing imo is to put hash limit restrictions, like limicoin

I'm not crying my man. Just pointing out the fact that no one in their right mind would pay to rent millions of kilohashes. The risk is astronomical.

I'm just saying I think the rumors of the chinese having x11 through x15 asics mining farms are true. Here's what they do, they keep the new asics to themselves and strip mine for a few monthe THEN they sell them to the public.

If you think I'm wrong I'm open to discussion.

[HarryT1923]

the people that participated the ipo got their coins for very cheap, should of kept the initial ammount of coins you put in 1st place.

specially the guy that bought 40 shares, only 2 btc for 120 000 coins? So they get Crystalcoin for 1700 sat a piece? isnt that a bit low im mining with 100 mh for 3 hours now and i have 250 coins...

 pool says i will mine 1000 in 24 hours with this diff, so i will need to mine 120 days with 100 mh/s to get 120 000 coins that an ipo participant bought for 2 btc?

not fair distubution at all, should of thought about it but of course you were blinded by greed since you halved the price of the ipo, scared it wouldn't sell out.

The initial IPO distribution was fair, but no one wanted to buy because it was too expensive.

When can we expect our IPO share coins?  Already past when we where told we would receive them???

Yes ,waiting for the IPO distribution plan, there should have some voice from dev team

I have already told this about 10 times:

MAIDAK is the ESCROW. He has the BTC of everyone who invested. I've sent him a PM. I'm waiting for him to contact me, so I can send him the CRYSTALS. Then he will be able to send the shares to each one of you. I can't do anything about this, since he's the one handling the distribution.

[eastwind_ja]

There should have been a limit on number of shares

only 300 shares for IPO,, not so much. so the price depend on the miners'

[eastwind_ja]

the people that participated the ipo got their coins for very cheap, should of kept the initial ammount of coins you put in 1st place.

specially the guy that bought 40 shares, only 2 btc for 120 000 coins? So they get Crystalcoin for 1700 sat a piece? isnt that a bit low im mining with 100 mh for 3 hours now and i have 250 coins...

 pool says i will mine 1000 in 24 hours with this diff, so i will need to mine 120 days with 100 mh/s to get 120 000 coins that an ipo participant bought for 2 btc?

not fair distubution at all, should of thought about it but of course you were blinded by greed since you halved the price of the ipo, scared it wouldn't sell out.

The initial IPO distribution was fair, but no one wanted to buy because it was too expensive.

When can we expect our IPO share coins?  Already past when we where told we would receive them???

Yes ,waiting for the IPO distribution plan, there should have some voice from dev team

I have already told this about 10 times:

MAIDAK is the ESCROW. He has the BTC of everyone who invested. I've sent him a PM. I'm waiting for him to contact me, so I can send him the CRYSTALS. Then he will be able to send the shares to each one of you. I can't do anything about this, since he's the one handling the distribution.

I have sent a PM to MAIDAK , but got no reply . Don't know why ?   

[Wasda]

There should have been a limit on number of shares

the people that participated the ipo got their coins for very cheap, should of kept the initial ammount of coins you put in 1st place.

specially the guy that bought 40 shares, only 2 btc for 120 000 coins? So they get Crystalcoin for 1700 sat a piece? isnt that a bit low im mining with 100 mh for 3 hours now and i have 250 coins...

 pool says i will mine 1000 in 24 hours with this diff, so i will need to mine 120 days with 100 mh/s to get 120 000 coins that an ipo participant bought for 2 btc?

not fair distubution at all, should of thought about it but of course you were blinded by greed since you halved the price of the ipo, scared it wouldn't sell out.

this also, a limit on number of shares, but also the fact ipo is so cheap, same thing happend to revo coin, ipo participants got their coins for 80 sat each, easy dump on 500 sat ofcourse, no recovery after.

Well, the IPO started out a week ago and no one buying until like yesterday, because everyone was complaining it's TOO EXPENSIVE (look through the thread and you see) and it was lowered due to that. it's running over over a week, everyone had a chance to buy them some bough some didn't, so you can't say it's not a fair distribution.. also limit number of share will not do any good because anyone can create new bct accounts and buy more if they need to.

[minerpools]

UPDATE: The issue has been fixed, you can enter your withdrawal address now.

Thank you for your patience