Re: [ANN][CRAIG] CraigsCoin | Decentralized classified ads

Dev just told me this is an X11 Coin

this is not posted anywhere in the OP.

Sorry -I only support regular scrypt coins at this time on my pool and do not invest in X11 coins.

Best of luck

Your welcome! Best of luck to you too. Shame I never posted coin algo in the OP - thought it is pretty irrelevant since CraigsCoin does not have any mining rewards.

Yeah that is interesting. If it's not a pow coin. How does it make a difference. I really don't know this. Are x11 POS coin somehow not as good as Scrypt POS coins. It doesn't make sense. But I'm not a real tech guy so I guess there could be something I don't know. Just never heard something like this said before. I would say, to my knowledge you should focus on the dev and his plans, aside from the algo on a coin that is not POW

you can only mine X11 coins with GPU's - they're asic resistant (at the current time: LOL) and have a very limited audience since people are abandoning GPU's.

I am pretty sure x11 has its asics
and asics are a bad thing. You know why? Because asic owners do not want to contribute to a coin. They will only leech money off of it to pay for their hardware. They dump coins and drop its price discouraging those who support the coin and may be useful for its development and promotion

this coin however be it scrypt, sha256 or scrypt-N have no mining rewards so there is no point to mine it anyway

yes - you are right - Asics were created by the DEVIL!!!!!

dude - please take a look at how asic miners have contributed to IPO's on coins like syscoin etc in the past few months.

don't what you're smoking but it must be good...

OMG!!! Grin

btw: there are more asics miners that any other type of miner (with the exception of BTC) - so this guys creates a wallet that he wants people to use for buying and selling like Craigslist (who will probably send him a cease & desist letter soon anyway for exploiting their name) but he makes the wallet X11?

but he is to be commended for going through POD - which all developers should do - he should make the coin minable if he wants more people to embrace it.

I do not really want certain people to embrace it. Honestly what I see in current mining and pools business is scam above scam. Not going to point a finger but certain pools simply rips off their miners, and there is no way miner can protect himself except one - do ot participate in mining whenevere there is no need for that. Speaking of case&desist letter - will you care to explain me what reason CraigsList have to do that? I mean I honestly heared it several times from different people, but nobody ever provided a single law excerpt.

Will you care to put some ground under your words, or should people treat all your words as equaly groundless as your case and desist statement? This may be important because you providing pool services - you make promises to your customers - thay have to know that you are not just throwing words in the air like that.

Thank you.