What's with all the doom and gloom?

Primecoin is the first and most successful math coin in terms of market cap (the others being Riecoin and Gapcoin), is developed by one of the most legendary and innovative developers in the cryptocurrency space (Sunny King - co-inventor of proof-of-stake), is one of the few coins that has its own Wikipedia article, is featured on Andreas Antonopolous's Mastering Bitcoin, and is a favorite of Vitalik Buterin (co-founder of the second largest cryptocurrency in terms of market cap) to the point where he even wrote an extremely positive article exalting it:


Source: https://bitcoinmagazine.com/business/primecoin-the-cryptocurrency-whose-mining-is-actually-useful-1373298534

The vast majority of coins would kill for an endorsement by Vitalik or a Wikipedia article that isn't instantly deleted for being promotional spam.

Outside of the extreme bull markets we saw in 2013, 2017, and 2021 where everything goes up, the cryptocurrency space works in terms of fads. We had the scrypt coingen animal coins fad, the privacy coins fad, the masternode coins fad, the ICO fad, the NFT fad, the metaverse fad, and the current Solana memecoin and AI coins fad. Coins that jump onto these fads are the ones that attract attention and get listed on exchanges. But their success is temporary. Fast forward a couple of years and the vast majority end up being delisted from their exchanges and their communities turn into ghost towns.

Meanwhile Primecoin esches these rollercoasters and keeps chugging along, doing what it does best. It's niche is a small one but it's the biggest fish in it's pond. If the crypto markets go insane again then the price of Primecoin will go up because a rising tide lifts all boats. If a fad for math coins ever materializes then Primecoin is in a superb position to benefit. Until then, expect Primecoin's price action to be a boring one with a lot of sideways movement and little market interest.

Thank you!

To everyone who is reading this, please add these lines to the end of the gapcoin.conf file. I have set up two laptops on 2 different IPs to mine GAP 24/7 so the network should run more smoothly:
 
addnode=49.224.72.0
addnode=122.252.159.174

I'm only using 1 thread per laptop so the mining difficulty is still very low. What GAP needs is more nodes and miners.

The last reliable node on my node list stopped working about 1-2 weeks ago. I'm currently stuck at 14 days behind.

I have 2 laptops on 2 different IPs which I can dedicate to this coin full-time but would rather not fork the chain if it's still chugging along somewhere. Back when I was mining, I had about 70% of the entire network hashrate on my 6 year old laptop so there is a real possibility of forking the chain.

FreiExchange seems to have GAP deposits and withdrawals enabled although I haven't tested it.

Unfortunately it seems to be down.

What's going on with the official bytecoin.biz website? It references Cryptsy which has been dead for almost a decade and has a link to an article promoting AI trading software?

I added the peer list and managed to get my blockchain synced but I only ever get 1 peer connected. Is FreiExchange the only node mining this coin?

The Linux client is still written in Qt4 which is deprecated and isn't even included in official repositories anymore. When will it be ported to Qt5?

Nevermind, it seems to be working now.

However, it seems that the nxtportal.org block explorer stopped working. It says '502 Bad Gateway'

I will never understand why governments continue to sell BTC (an asset with finite quantity that has the potential to become the world's reserve currency) for pieces of paper they can just print themselves whenever they want. Back in 2014, the US government sold the former Silk Road coins for $600 each. I bet they regret that decision now. El Salvador seems to be the only government that realizes this.

Ultimately, governments selling BTC is good for Bitcoin and society because it means that wealth (real wealth and not fiat wealth that can be inflated and confiscated at will by centralized governments) gets distributed more widely rather than being hoarded and controlled by governments.

How's the bot situation with this coin? I know Huntercoin and Motocoin became dominated by bots. I feel like in order for this concept to work, the games would need to be designed so that humans are better players than bots (e.g. a coin based on the game Go would have worked until bots started beating human players about a decade ago).

Does anyone know if Peercoin is divisible to six or eight decimal places? According to the official documentation, Peercoin should be divisible down to 8 decimal places. But everywhere else I only see six decimal places. Even entering getbalance in the qt wallet console only shows 6 places. The block explorer at chainz.cryptoid.info/ppc also only shows 6 places.

Hi. Is there a working block explorer for this coin? I know it merged with Horizon but I think I missed the swap. My address is NFD address is NFD-SBNP-WDSH-ZZWE-4BBE but I don't know if I ever had any coins in my account. I would like to know if I have any coins or not by checking on a block explorer before I go through the hassle of downloading the wallet and blockchain.

- Penis

Hi I can't seem to find a way to access the NXT Asset Exchange in the latest wallet. The documentation says that it should be on the sidebar in the official wallet but there's nothing there. Clicking on an asset doesn't do anything either. The read-only wallet at https://nxt.jelurida.com/index.html doesn't seem to show it either. Is anyone else having this problem?

Does anyone know why the Windows binaries have disappeared from the GitHub page? I use vanitygen to generate private keys on an offline computer running Windows. Fortunately I was able to paste OP's link into the Internet Wayback Machine and grab it there.

Hi everyone, does anyone know how big the current Datacoin blockchain is? I want to set up a node but I definitely won't be able to if it's terabytes in size since I don't have terabytes of free disk space. The OP in the old thread mentions this:


Datacoin is now a decade old so 513GB * 10 = 5TB. Of course that's assuming that every block since creation was filled to its maximum capacity which I doubt.

Thanks in advance.

Sounds like the problem is with the service (Changer.com) rather than the coin itself. The devs can't do anything about a third-party service. Bitcoin didn't become a scam when Mt. Gox refused to let people withdraw their coins for example.


Bytecoin and Monero are CryptoNote coins but DASH and Zcash aren't. DASH and Zcash use different technologies to provide anonymity.


The flaw was patched a while ago:

https://bytecoin.org/news/bytecoin-2.0.2-software-update/

Bytecoin had a "ninjamine". Basically it was developed and mined in the dark web by a (probably) small group of people from 2012 to 2014 and only surfaced on these forums in 2014. Strictly speaking, it's not exactly a premine in the true sense of the word.

The price just went up by over two times overnight. Now it's in the top 15 with a market cap of $120 million.

Compared to many other altcoins, it's underperformed overall since the price has increased by only 4-5 times since Jan 2017 even after taking into account the recent price increase. Even just a week ago it was at historic lows (300 sats). Could still be a good buying opportunity. Ripple seems to be doing very well and Stellar and Ripple share many similarities.

I think one problem is that India has dozens of languages.

Hindi is the most widely spoken and is the only one that shares official status alongside English but only about 25% of the population actually speaks it as their mother tongue:


Source: https://en.wikipedia.org/wiki/List_of_languages_by_number_of_native_speakers_in_India

I don't think anyone could have predicted that NEM would be such a success.

My first mistake was reading the NEM thread but being too lazy to claim a stake.

My second mistake was that after it became obvious that NEM was a serious project, I still kept thinking that NEM would always remain NXT's "little brother". So I always had more in NXT than NEM.

My third mistake was that I only bought the minimum limit of 0.1 NEM stake on the NXT asset exchange.

I bought a few hundred thousand more on Poloniex for about 100 satoshis each just after NEM launched though with the goal of getting up to 1 million XEM.

Which brings me to my fourth mistake. I forgot about NEM and cryptos due to college just as the bear market was beginning to reverse. So I put my original goal to reach 1 million XEM on the back burner.

I came back in early 2016 to see that the NEM market cap had risen 16 times to $16 million. So I thought it was too late to reach 1 million. That was my fifth mistake.

I still have my original 300,000 XEM. But I could have had so much more...

Wasn't Litecoin intended to serve as a backup for Bitcoin in case the latter fails?

Then again, if Bitcoin fails then I'm sure Litecoin will too.