It was a scam then? :/

The dev is the same dev as Topcoin. There appear to be two go-betweens here, @fatecoin and @eugene - neither seem to have any great depth of knowledge, but both are fairly good at answering questions.

My take on fate:

Pros:
- Pool resistant - this is a VERY good thing.
- Permanent easy to mine status, albeit with lowering rewards - another VERY good thing.
- Hard to mine, but NOT impossible - a late-adopter CAN get some, not like Bitcoin
- No premine

Cons:
- Very little information
- No exchanges
- No casino (as promised in the OP) and
- Related to that, no other take-ups from any commercial service
- Updates coming third-hand and via google translate - this is not good enough

I think as a concept, it's a GREAT coin. Accessibility from mining (and CPU mining at that!) no matter how late in the game you come is a brilliant idea. Bitcoin will sorely suffer in the future from the people who come along later and say to themselves "Meh, party's already over, can't get the fucking things.", and that is as it should be. But FATE will never have that issue. It's a really novel way of thinking, and it could be big.

But what is needed is someone to take control of it - PROPER control. Someone who knows how to
- get it on an exchange
- Get it out in the public "face"
- Persuade people to back it commercially - goods for FATE
- TALK to us! Let us know what's happening!

This is a Chinese coin. I say that as a GOOD thing. There is an ENORMOUS Chinese community, far bigger than the english speaking community, who are into Crypto. But because of the limitations on Internet access out (from a Chinese point of view) and Internet access in (from everyone else's), it's not easy to keep track of this. If the Chinese community decided to adopt FATE, it would be Titanic - bigger than any altcoin to date. But the dev is not pushing it, and the community here can't.

I count myself an early adopter of FATE, and I still see the potential of it. But I don't mine anymore. Until the dev decides to give this his full attention, the coin is effectively a fringe interest. Not dead, precisely, but close to it.

It's a real pity. It really is.

Rit.

Yeah saw that. I wouldn't risk anything unless it was reversable at the moment though - paypal would be favorite.

Keep us updated mate.

Did he offer the option of a replacement shipment instead before the refund?

As it is, it sounds like they do not actually have stock, or that something odd is happening.

I really hope you get your BTC or your card mate.

Rit.

Any update here?

A brief try with google translate shows that it does not do very well with Chinese. It's incredibly hilarious though


I will wait for fate coins proper translation

Rit.

Date: 18/03/2014 17:23
To: Trademark FjEHPg9SrdjohLycMRcHPKbPMxnQwMSBEd
Debit: -250.00 FATE
Net amount: -250.00 FATE
Transaction ID: 5b7ae7aab3e15209c3a4f1348414149812a54132e74c68ea2a374f989547e3f1

Hope this is appropriate - I have no idea how much to send hehe

Ah, that's beyond my knowledge I'm afraid :/

Sorry mate, am sure someone else can help though.

Spatula, do you mean a GPU miner? A CPU miner would be....the wallet...

If you have an nVidia card it'd be Cudaminer, if you have Radeon card it'd be cgminer.

If you post more detail we can probably get you going.

Just one thing though....bear in mind that with GPU mining the difficulty of Fatecoin is random, so it could easily end up being 1000 times the difficulty.

Rit.

Nice going trademark!

Tip address please?

Rit

Hi Mik,

Balances work as follows:

Immature is blocks found by the pool which have not yet confirmed - they need a little time to confirm before Terk can move them to unexchanged.
Unexchanged means that the pool has mined some coins (we don't know what type) and that Terk is listing them on an exchange for trade to Bitcoin. When they have sold, they move to Ready for Payout.
Ready for Payout then is all of the successfully mined coins which were exchanged to Bitcoin, and can now be paid out to the user.

Expected is the total of all 3 when everything above is done. Realistically, there will always be some running total in Immature and Unexchanged, because the pool mines constantly.

When your Ready for Payout balance reaches 0.01 BTC, you will be paid to your Bitcoin address automatically. This happens once per day. If you don't get to this threshold by Sunday, you will be paid any balance greater than 0.001 BTC on that day.

Hope that helped

Rit.

Surprised at no interest....thought Toxics were popular :/

Best of luck ehalvers...really hoping to see a positive outcome on this!

Thanks for the trade, Turbo, got the code. Much appreciated

Rit.

Bump

Bumping

Right. We all believe you I'm sure, but please post pics, shipping receipt and invoice. Transaction ID for the BTC purchase also please.

Rit.

What I am about to say is grouchy and a bit silly, but this is irritating me...

Please stop pressing RETURN at the end of the box. We have a madz internetz teknologee called "Word wrap" these days which does that for you and hurts our eyes less.

Sorry, please feel free to move back on track.

Rit.

Date: 13/03/2014 20:02
To: turboseed FioQGzrwVafSvDQ1nWRSPT5pwXL9NhL1LN
Debit: -1000.00 FATE
Net amount: -1000.00 FATE
Transaction ID: 11d4db91f0e822f4b5c780330acdb44c8aaee308e03d6f40ad281f933a9bc71c

THERE we go, much better.

I trust ya mate, so:

Net amount: 0.00 FATE
Transaction ID: e209f1bd2f91bcf0d6a53f62764ad2231d52bd47bfbffa64b49a0cbc81b9ba6d

Wait until confirmation before sending any codes. I don;t know how this forking blockchain thing works with transactions yet.

Thanks for trade

Rit.

wwops, something wrong there, let me check again....should not be 0.