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Showing 20 of 341 results by johndec2
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Re: - AURORACOIN -
by
johndec2
on 28/06/2017, 03:39:47 UTC
Who owns this wallet? It has almost a million coins in it.

https://bitinfocharts.com/auroracoin/wallet/8069

Who cares?  What business is it of yours? 
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Re: Bitmark
by
johndec2
on 31/07/2015, 09:55:29 UTC
I transferred about 500 bitmarks. The transaction is still unconfirmed since 11 days!!!!  Huh Angry Shocked Cry

Nobody is mining it hence no blocks are being solved and therefore no confirmations. I can't get my wallet to sync and it appears the last block solved was 46956, 11 days ago (about the same time the only pool, xhash, disappeared with a shit load of coins).
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Re: Bitmark
by
johndec2
on 24/07/2015, 11:37:49 UTC
So...

1. Delisted on Rex. Minimal trade (probably by bots) on Polo
2. The only pool - xhash - dead (owing me 400+ BTM)
3. No blocks solved since pool died ~ 3 days
4. Dead coin?

To the guy that bought 2 BTC worth off me at 40K sat a few months ago.. Thank you.. Smiley
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Re: Bitmark
by
johndec2
on 09/04/2015, 10:04:23 UTC
There are currently 933,380 BTM in existence. If they really own 10% of them then despite what they say, they haven't dumped them all.  Maybe 10-15% of their stash. If they dumped the lot the price would be in single figures.
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Re: Bitmark
by
johndec2
on 09/04/2015, 09:29:01 UTC
The good news is that Nathan knows this was wrong, is prepared to face the consequences and most importantly wants to put things right.  I really hope that can happen, and is not just another 'ill do it at the weekend'.  I hope it's taken seriously this time, and I think everyone wants to believe.

The track record you posted does not inspire confidence that he will actually "finally" do the right thing.  It also explains the large dump on Polo today.  I hope I'm wrong but you have painted him a serial liar and conman.

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Re: Bitmark
by
johndec2
on 01/04/2015, 09:43:50 UTC
Yeah, whatever...  Once again to repeat the point I have made regularly, I'm seeing a lot of talk and no action.  I couldn't give a flying fuck if Mark/Coinsolidation/Various other aliases is the second coming of Christ or the devil incarnate.  If everyone is happy that he is digging himself out of the shit and squaring everyone up, good - lets move on.  He can keep my donation, I can spare it and the sooner he is out of a hole the better.

Soooooooo... Can we move on with growing the coin? Soon? More action, less talk??
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Re: Bitmark
by
johndec2
on 28/03/2015, 07:23:45 UTC
I am acting on Melvins suggestion, However a decision to sell will be made at the time of confirmation, which is likely to be ~3 days from now

And you posted the fact that you are thinking about dumping 7K BTM on a public forum? Not smart.  I've already seen buy orders pulled in anticipation of the dump.
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Re: Bitmark
by
johndec2
on 27/03/2015, 08:29:44 UTC
Quote
Yes unethical behaviour occurred, on my part. I dipped in to a trading fund a few times for basic needs, and over time it mounted up, I'd hoped to simply trade back up again, but given a negative climate I started to dig a financial hole

Well that is just charming...  Mate, I believed in you, enough to donate to the cause and mine the coin for months.  If you were doing that tough, you should have asked for help. The community would have helped you out.  But now we have a situation where funds are missing, the dev wont show his face here and that is only making things worse.  Development on the coin is non existent despite it desperately needing work on both the algo and the marketing of the coin. 

Mark, if you want to save this project, make yourself visible again.  Tell us what you need to move the coin forward and help will be forthcoming.  Hiding in a corner is only killing the coin.  IMHO, what needs to happen ASAP:
1. An algo adjustment.  Fortunately it is still weeks until the next diff change due to the pathetic hash rate.  Plenty of time to make it happen.
2. Marketing. I'm no marketing guru but this coin is nearly a year old with no real concrete implementation of "Marking".  What was a brilliant idea a year ago is rapidly being overtaken/copied by others.

I have some friends that may be able to help. I'll talk to them and see if they are interested and get back to you.  No promises as from what I can see there has been a lot of "Fiddling whilst Rome burns" going on here. It's time to stop discussing possible solutions and testing possible algos and DO SOMETHING.
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Re: Bitmark
by
johndec2
on 26/02/2015, 11:12:18 UTC
Leave algo as is, keep the same as btc and ltc limited coin supply is better.

The only moaners is miners.

Brilliant!! Not.  Nobody said anything about changing the total supply of the coin.  Also no miners = no supply = dead coin.  Thanks for the input. Don't let the door hit you on the way out.
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Re: Bitmark
by
johndec2
on 26/02/2015, 08:52:59 UTC
Any time frame on the proposed algo change?  Surely before the next diff change or it will be next year (at this rate) until you get another chance!
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Re: Bitmark
by
johndec2
on 26/01/2015, 09:38:29 UTC
Fair enough, I'm currently wasting my time mining BTM. Since there is currently Me, 2 single gpu miners and a cpu miner (yep a cpu miner) on xHash, I'll wait till I basically solo the next block and hit the road.  PM me when promises turn into reality and I'll come back.

Well I finally (virtually) soloed that block.  Let me know when/if you stop killing a perfectly good coin and I might come back.  In the meantime, all those PM'ing me about selling my stash, I doubt you would pay my price, so leave me alone. I think the last few posts have illustrated the disconnection of the devs from the real world.  Cya  Grin
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Re: Bitmark
by
johndec2
on 23/01/2015, 10:53:24 UTC
Fair enough, I'm currently wasting my time mining BTM. Since there is currently Me, 2 single gpu miners and a cpu miner (yep a cpu miner) on xHash, I'll wait till I basically solo the next block and hit the road.  PM me when promises turn into reality and I'll come back.
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Re: Bitmark
by
johndec2
on 23/01/2015, 10:31:55 UTC
Este, you win, I give up.  If I can't make anyone with power around here understand my point, I'm wasting my time.

If you think it's fine for it to take 2 days to make a simple BTM transaction like depositing or withdrawing coins from an exchange, then it's fine.  If you think it is fine for Bittrex, IMHO the best exchange out there to toss your coin on the scrapheap, then it's fine.  If you think it's fine for the diff to be stuck at 1953 for another 6 months, after all you are not interested in miners or the effort they put in to support the coin, then that's fine.

I did promise to support the coin with my miners until the end of the month, I'm currently about 1/3 of a miserable 200 odd mh/s.  When I go that 6 months may be 9 months.

One last question, you never did tell me where all the BTC for price support would come from.  According to coinwarz, you would need to triple the current value to make mining BTM comparable to mining LTC (at the current diff, which isn't going anywhere in a hurry).  That's a lot of BTC and it's not like you can sell BTM to get it...
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Re: Bitmark
by
johndec2
on 23/01/2015, 09:35:00 UTC
Getting people mining it is as simple as putting up a sufficient amount of BTC at whatever price it takes to make it profitable for miners.

And who is going to provide this BTC? Or in reverse, at the moment, less than 1 Bitcoin worth of BTM would crash the price on Bittrex to 1 satoshi.  $200 would currently turn BTM into a worthless coin.  I think a few of you slept through Economics lessons at high school..  If it has no value, no one will use it. 
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Re: Bitmark
by
johndec2
on 21/01/2015, 09:47:21 UTC
So, you are actually saying that a more realistic price would be 10k? Damn, I really expected this to pump again, after all this fud and negativity.

Gunther, I feel your pain.  I promised earlier to support the coin with all I have until the end of the month (100mh/s now down to 75mh/s due to a dead g-black, I don't imagine GAW will support any warranty claim, oh well)...  As a large bagholder with a friend who holds a similar stake, around 40K BTM between us, I really don't know what to do.

Do I/we sell up, cut our losses and crash the coin to 1 satoshi?  Look at the Bittrex buy book. 40K BTM would do that.  Or do I hope that Mark and friends pull their fingers out and come good on some of their visions/promises/timelines,call it what you will.  Devs, time to step up to the plate or by this time next month, BTM will be a memory...

***  Of course to move coins to an exchange you need a moving blockchain.  Which currently isn't happening. It appears there are 3 people mining BTM (myself included).  ***  Imagine the crash and burn when this round finally finishes and all the multis and whales try to dump the coins they mined 3 months ago.  If that doesn't kill the coin, nothing will..

EDIT: Just thought of something. Why aren't the devs and fanbois on slack mining this coin?  Either with their miners or rented hash? Surely that would be the first thing they would do to support the coin, unless??  No I don't wish to be part of the slack group. What's the point? Obviously nothing happening there...  Fuck, I'd like my donation back, think it was ~ 0.25 BTC back when the project was exciting and BTC was worth something.  Oh well, it was a donation - should have given it to the Salvation Army or such like Smiley Live and learn but the clock is ticking........
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Re: Bitmark
by
johndec2
on 13/01/2015, 06:51:37 UTC
Also there is something wrong with xhash.  Cgminer is reporting a diff of 0 and I am finding 100s of blocks an hour but of course that is false.  Moving to another coin until it is rectified.

EDIT: Ignore, it's a problem at my end I think, all the pools I tried are giving weird diff readings, rebooting everything and trying again.

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Re: Bitmark
by
johndec2
on 10/01/2015, 11:50:12 UTC
I made a request earlier for the dead pools to be removed from the OP.  It still hasn't happened.  Usually the first thing people do when they investigate a coin is look at the various pools to firstly check the health of a coin and secondly to pick a pool. When they get a bunch of dead links, they assume the coin is dead and move on.

Please update the OP....
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Re: Bitmark
by
johndec2
on 09/01/2015, 09:31:07 UTC
I agree with the concerns of others on the state of this coin.

It would not be hard to fix the mining issue so I cannot understand why it is not being done. Hard fork in 50 or 100 blocks and add KGW or DGW, done. At the moment it seems leaving it broken is the intent of the devs.

I fear if it is not fixed soon it will be too late.   Sad

Good points but with one fatal flaw.  The devs want the emission of the coin to match the demand of the coin.  Currently there is almost zero demand and therefore almost zero emission.  However that in itself is also a fatal flaw because by the time they actually get past their discussion groups and roadmaps and actually implement *Something* useful, the crypto world will have left BTM behind and moved onto something else.  There are already other coins taking the basic premise behind BTM and running with it, at least one of them will "out BTM" BTM by simply being more proactive. 

Guys/Dev team. We need an algo that keeps the blocks moving even at reduced rewards.  I'd rather see 0.2 BTM every 2 minutes than 20 BTM every 12 hours or so.  Make it happen like yesterday!  Smiley 

KGW and DGW are flawed algos.  DIGI would be my pick (with variable block reward based on hashrate).  If that is past your expertise, I have it on very good authority that the DIGI team are more than happy to help out. 
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Re: Bitmark
by
johndec2
on 09/01/2015, 09:05:09 UTC

nicos shifted pool to hash to coins as xhash is closing in a few days time.

Actually, quote from the header on the xHash pool:

Quote
Good news everyone! We have found an investor and we won't be closing the pool. Thank you for your support!

Not that that really matters, glad to see he is still involved. At least there are 2 miners!!
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Re: Bitmark
by
johndec2
on 08/01/2015, 10:26:00 UTC

I'm not part of the slack clique as I have never been invited


Shocked

Slack isn't supposed to be any sort of clique at all. It's open to everyone. Send me your email and I'll invite you right away.

In Slack in channel #pfennig we have people working on the new test chain that was launched recently with the intention of testing out new algos. I'm sure they would love to have your input.

Well.. It is good to hear something is happening but any coin that ignores the BCT community does so at it's own peril.  Most people get the bulk of their info from a BCT ANN thread.  I've been around crypto for a while and just about every coin that has ignored it's BCT following has perished. Is it so hard to keep us poor fools updated about what is happening behind closed doors?  One update a week would ease a lot of minds. Too much to ask? 

I could send you an email address and get the latest. I probably will.  Or would a regular update here be smarter?  It would certainly ease the minds and inform everyone (traders included). The coin is withering on the vine due to lack of information. Do you really want thousands of people joining your slack group just to keep up?  Or would it be easier to keep us up to date here rather than overloading your slack group.

The devs could learn a lot by the way CCN conducts business.  They have their own forums/groups but they keep their BCT followers updated.  Despite what I thought would be a fatal change to POS, the coin is thriving as everyone,everywhere knows what is going on.  Food for thought?