Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Geocoin, Doubloons, Pennies, and Foocoin (et al.) - Under new management!
by
The_Catman
on 06/12/2013, 00:56:26 UTC
al la cents.
I agree with this solution: https://bitcointalk.org/index.php?topic=269145.msg3840720#msg3840720

Would recommend that you ask Cryptsy to halt trading on CENTS until you can figure out a solution. At over 3 trillion coins atm it has the potential to fleece newcomers to crypto.

Another idea would be to create a buyout fund where the coins are bought at 0.00000001 and destroyed. Might be good to fix POS first.

Last option would be to let it die.

Full Disclosure: I hold cents and have made a good profit on them due to the crazy POS

I'll be looking at the issues with pennies in more detail over the coming days, I have a lot to sort through right now and I'm not completely aware of all the details regarding it's problems yet.


**I'll also note that pennies was never really meant to be taken as a serious currency (neither were doubloons and geocoin) and was never even officially announced on BTCT, so whatever problems it has are not exactly a high priority issue.