[ANN] RISKCOIN - Scrypt - Bittrex - More to come...

[Mr.Joker]

IMO it depends on in which timeframe does the dev thinks he can fix the issue.

if it takes too long, then we can just continue POS

[doeboy1023]

I vote, change specs. From an investment standpoint, It cant hurt to have less initial supply...correct me if I'm wrong.

It's kind of a "fuck you" to people who've got rented rigs that they were pointing at this, though. I'm in support of just ending it, but there again, I'm done with mining so I kind of benefit from that decision anyway... but it also keeps things simpler, too.

Agreed, but if they were quick to re direct their miners, they can mine something else to recover some of their rental losses, and the initial coins they mined will be worth much more to begin with.

[hayan]

And if they're not? I mean, if this had've happened at certain points while I was mining, I wouldn't've even known about it until my rental was over. Of course I had backup pools set, but the first backup pool was another RiskCoin pool, so unless both took down their pools altogether, I'd've been wasting hashes. And I mine in relatively short bursts too; the longest rental I've done is 12 hours, with most being closer to 3 or 4 (and then a new rental once it expires), mostly due to being wary of rigs that underperform or don't work at all.

One thing though... wouldn't closing the wallet and reopening it (to upgrade to the new one) mean PoS timer is reset? Or do the coins just have to have been in place for the required time (but not nessecerially the wallet open for the 24 hours)?


Biggest thing is though, decision needs to be made fairly quickly, or people will start to lose faith in the coin and then bam... worthless. Not making a decision quickly enough will hurt the coin more than the worse of the two decisions would, IMO.

[bitkokos]

I have moved my miners on another coin, so I will leave the decision to people who still care about it.
I won't vote in the poll as I will no longer support the coin.
4 days of mining even with a small rig was a loss of time.
As soon as I get the coins out of the pool, I will not even bother selling the coins but I will delete the wallet.
This might make it more rare. 

good luck with the coin, though.

[hayan]

I wouldn't throw in the towel too soon...
And if you insist, rather than just burn the coins, why not send them to someone who's really invested in the coin's success (not someone who'll just dump them), like Placebo or the dev?

[doeboy1023]

I have moved my miners on another coin, so I will leave the decision to people who still care about it.
I won't vote in the poll as I will no longer support the coin.
4 days of mining even with a small rig was a loss of time.
As soon as I get the coins out of the pool, I will not even bother selling the coins but I will delete the wallet.
This might make it more rare. 

good luck with the coin, though.

Wow...pretty bold...feel free to send your coins to my risk address in my signature. lol

[riskcoin]

Voting will close in 2 and a half hours.

1. FORK?

- Fair.
- Will miners return? Will we still have the nice hashrate? Will it not create dumping of coin? Lower price?

2. NO FORK?

- Not fair.
- Not as original described in OP
- People that likes RISK are already in.
- Less dumping. Higher price?
- Exchanges doesn't need to be updated.

[hayan]

Another thing to consider... with PoW the blocks are mined fairly fast; with PoS-only, isn't that going to make it very slow (especially when transactions need several confirmations)? I find one of the biggest draws of altcoins rather than Bitcoin is the faster transaction times, it'd be a shame to kill that...

[paycum]

i go for option 1

[JSpike]

I did vote fork, but like to change to NOT fork.

[padrino]

I have moved my miners on another coin, so I will leave the decision to people who still care about it.
I won't vote in the poll as I will no longer support the coin.
4 days of mining even with a small rig was a loss of time.
As soon as I get the coins out of the pool, I will not even bother selling the coins but I will delete the wallet.
This might make it more rare. 

good luck with the coin, though.

Fair enough, understand your perspective.. A basic flaw in the entire coin within days of launch when it's critical to build confidence and momentum can be a killer.. OP needs to step up big and work to right the ship or what's left may fail as well..

Full disclosure, I was one of the largest, if not largest ICO investor and mined right up until both pools crapped out earlier today.. I haven't sold anything so I have a vested interest in the coin but the the screw up is on the OPs shoulders and some things need to happen to spin things positively..

[JSpike]

I have moved my miners on another coin, so I will leave the decision to people who still care about it.
I won't vote in the poll as I will no longer support the coin.
4 days of mining even with a small rig was a loss of time.
As soon as I get the coins out of the pool, I will not even bother selling the coins but I will delete the wallet.
This might make it more rare. 

good luck with the coin, though.

Fair enough, understand your perspective.. A basic flaw in the entire coin within days of launch when it's critical to build confidence and momentum can be a killer.. OP needs to step up big and work to right the ship or what's left may fail as well..

Full disclosure, I was one of the largest, if not largest ICO investor and mined right up until both pools crapped out earlier today.. I haven't sold anything so I have a vested interest in the coin but the the screw up is on the OPs shoulders and some things need to happen to spin things positively..

Good point.
Think is good to let the top 3 ICO investors decide what to happen, if they are online, indeed need to be fast.
We need the support of the real bag holders.

[hayan]

Hmm... general vote is 50/50, coin price keeps going down, and either way is going to decrease the trust in the coin... I'm starting to think it might be time to pull out of this one... :/ I'd be staying in for sure if I had large amounts of bitcoins that I could spare, but at the moment I'm nowhere near bitcoin-rich enough to take risks of that size sadly...

I wish you the best though, and goes without saying I'll be keeping an eye on things in case I think it's worth jumping back in (even if I've lost some coins by pulling out for a while).

[Mr.Joker]

Just fork the coin now Dev!

No need for panic, just be patient for a few hours.

just activate pow at block 3800-3900

if you want to panic sell; sell your coins to me will buy them at 3000 sats

[hayan]

Just fork the coin now Dev!

No need for panic, just be patient for a few hours.

just activate pow at block 3800-3900

if you want to panic sell; sell your coins to me will buy them at 3000 sats

3k each...? They're going for 11K each still on C-Cex... come on, I might be new to the world of crypto chasing / trading, but I'm not blonde...

[tm2013]

The more I think about it, I am in favor of the fork (I voted for no fork at first).. So make it 4:6 instead of 5:5 if that makes a difference in the outcome

[doeboy1023]

Hmm... general vote is 50/50, coin price keeps going down, and either way is going to decrease the trust in the coin... I'm starting to think it might be time to pull out of this one... :/ I'd be staying in for sure if I had large amounts of bitcoins that I could spare, but at the moment I'm nowhere near bitcoin-rich enough to take risks of that size sadly...

I wish you the best though, and goes without saying I'll be keeping an eye on things in case I think it's worth jumping back in (even if I've lost some coins by pulling out for a while).

Hmmm...maybe I missed something and someone can explain to try and sway my vote back...but this is how I see it. The only thing this coin really has going for it as far as value is the max/current coin supply and ICO investors (not bashing the coin, just my observation). Would the initial max coin supply not increase the value if that is the case? All forking will do IMO is cause chaos with wallet swapping and what not, leaving people stand offish about the coin itself...

[placebo]

Just fork the coin now Dev!

No need for panic, just be patient for a few hours.

just activate pow at block 3800-3900

if you want to panic sell; sell your coins to me will buy them at 3000 sats

Correct. Give people the time to update their wallets, exchanges there source, mining pools running on the right fork etc. As we don't want to have a situation that one a few people are mining it, take all the coins and dump it on the market. This needs to be STRUCTURED!!! Else keep it how it is. What is the difference? Nothing, just less coins, mining stopped early and that is it. Good for ICO investors as there shares will be worth more , a lot more. Miners had the time to mine, so they don't have to complain.

So FORK, YES, but STRUCTURED, block 4000 or so inform all the mining pools on time, exchanges, and promote the coin on twitter heavily so that hashrate jump back to 10 GH/s - 15 GH/s, if that doesn't happen, then no need for a fork at all.

[gregofdoom]

This is probably the best solution. I agree with placebo.
We all want the greatest possible value of the coin.

[padrino]

Just fork the coin now Dev!

No need for panic, just be patient for a few hours.

just activate pow at block 3800-3900

if you want to panic sell; sell your coins to me will buy them at 3000 sats

Correct. Give people the time to update their wallets, exchanges there source, mining pools running on the right fork etc. As we don't want to have a situation that one a few people are mining it, take all the coins and dump it on the market. This needs to be STRUCTURED!!! Else keep it how it is. What is the difference? Nothing, just less coins, mining stopped early and that is it. Good for ICO investors as there shares will be worth more , a lot more. Miners had the time to mine, so they don't have to complain.

So FORK, YES, but STRUCTURED, block 4000 or so inform all the mining pools on time, exchanges, and promote the coin on twitter heavily so that hashrate jump back to 10 GH/s - 15 GH/s, if that doesn't happen, then no need for a fork at all.

No matter what happens you are right it needs to be structured but you are making a false assumption of the value of the coin with or with no fork.. Again it's only worth what people will invest and that may not change with or without a fork..