Topic: [ANN] Fastcoin - FST - The Fastest coin so far in the market - is launched!! - page 82. (Read 238170 times)

Come join the new pool at:

http://fastcoin.miningpool.co

Location: USA (Rackspace)
PPLNS over 10000 shares
Hourly payouts

any bounty for the block explorer? If so please pm me I have one done already just finished

here you guys go RobRoy with another one heh
p2pool http://50.2.8.67:8888  1.5% fee for work and upkeep
get some hash there

Funny thing is... Trade = sales = losses AND gains.

You don't actually have to sell anything to trade it for a profit. (gold, silver, oil, stocks, bonds, any-mined-coin, baseball-cards, card-games, lotto)

Yes, people buy those too, but they also trade "paper" (nothing) for dollars, based on the value.

In the end, it comes down to this...

What way do you think the market will go? I guarantee you it will go the opposite direction you think, and be 95% right.

The only thing killing coins is, "giving away premined coins"... Without a market, to spend them on, they just cash them in, and "take our value", thus... the owners are giving away YOUR value, reducing YOUR value as the price charts drop, and then, "You own the coin", and are responsible to convince others that it has value, if you want to get value out of it.

Dead coins... there is no such thing... They still exist... Take ownership of them if they are not supported by the original creator. The creator doesn't actually OWN the coin. You want to stop them from "cashing-out", lock-out and invalidate the first set of pre-mined coins, and re-release a new chain without them in it. It is dead, not like they are going to bring it back, or be able to take you over... They failed to support it. If it is dead, it is easy to "take it over".

^that

It was synced... It just goes all weird, saying it is not... trying to download imaginary blocks that don't exist. (Because it never stops mining, just stops accepting any "found block!".

I imagine, if it is not the wallet itself... Then it is someone with a corrupt link on the list of connections. (Thus, a purposely crafted exploit, or just another compounded bug, triggering another bug.)

Good to see that the price didn't completely fall through the floor today. Hitting 0.00000915 I hope, is the lowest it will ever go. Someone is cashing-in all those promo-coins, because no-one who worked to mine them, would ever sell them that low. I would hope.

So the focus is on people with ADD who can't wait 5-min for a transfer. That is not exactly a market. I am still waiting to see an actual "market" for these coins. Hell, market it for delivery-tips (fast delivery rewards)... Market it for speed-dating websites... Market it for "faster torrent connections", or "faster TOR downloading"... Market it for faster game-gold delivery... Something...

Put the returns directly into the exchange, to bump-up the value by consuming all these sell-out low prices. I can only buy so-much myself!

this is weird, i never really have wallet problem. Sometimes I see a sync of much longer blockchain, and I see the same in other coins, such as NBL, DGC, etc. Just quit the client and restart it should sync fine.

wow impressive! did u come up with idea yourself?!

 

New problem...

The wallet constantly keeps "rejecting" after failing, displaying "Out of sync" ~834354 blocks remaining... There isn't even that many blocks!

The wallet then rejects all "found blocks" by me, and just keeps happily churning out work that never has a possibility of being valid.

Is this by design?

You purposely kill our ability to produce after 3-6 hours, so you are the only one able to mine yourself?

I don't have time to baby-sit the wallet for hours on end, just to wait for a mystery failure that does not indicate an actual failure, unless you use your head to realize .... Hey, if this is out of sync, and 834354 blocks don't actually exist, yet it is still letting me mine, but failing all my blocks... Then something is wrong.

Again... premature launch...

Still mining it though, and buying-up coins, because I can. Might as well join the pump!

Nothing, not even a simple hello, or a "Don't worry, we are working on it."... Did you just up and quit, when the reality set in... That you don't know what the hell you are doing, and you suck as a programmer. Hell anyone can copy-and-paste other peoples code. Or were you one of the many suckered into letting some other schmuck design your prefab coin for you... Not realizing that guy doesn't have a clue how to program either?

The purpose of pump and dump is ti maximize profits. If you're only getting 60% of the coins you should be getting, your not maximizing your profits

Support? You mean pump and dump? In other words, you meant to say, "I mean, you'd have to be retarded to just blindly pump and dump a coin, without knowing anything about it."
For pump and dump, what is to know? The less you know, the better off you are.

Is this not correct?

coming from someone like you..

This was discussed weeks ago. The faster the coin, the worse it gets. But I'm sure you already new that. I mean, you'd have to be retarded to just blindly support a coin, without knowing anything about it.

Edited prior post of frustration, with the "resolution" for "better results". It was a wallet issue... it "needs CGminer 3.2.0 or greater." It should state that, and reject lower versions of CGminer, if they are used.

lol... That was just me frustrated at the dysfunction of sooo many "open-source" programs not working together as expected.

CGminer and Wallets really need to communicate better and perhaps do a simple "test coin" and "test validate" to ensure an actual communication is established between wallet/server and client/miner. It is just a blank screen and "trust me that it is working"... you don't actually know if it is not working, even when it is not working! (Unless it actually posts results from a "valid test" to the client once in a while. That, and the wallet should report the number of connections to it, at the least, to let you know you are actually connected to it, not some mystery connection in lala-land.

I think there are enough "empty coins" on the market. Now they need to market them. Selling back to BTC is not a market. Someone has to actually want to USE the coin and pay cash for it, to be "marketed".

It will be interesting to see where this one goes. Hope there were not too many pre-mined before release. That is NOT a promotion, giving away our future value to "promote" the coin. That only demotes it. You gotta give money for mined coins, to jump-start it as having value.

How much are these selling for?

I noticed that it is hard to get the number of blocks projected. My count is much lower also.

Well, something is wrong with the mining program.

Hashing with 3200KHs and 0.21606607 difficulty, I should be getting close to 3968 coins an hour, or 124 blocks an hour... That would be great, because that is $461.14 a month. However, that is not what it makes at all...

I am seeing 1 block every 2.5 hours... EG, 307 coins a day or 9.6 blocks a day. So much for "fast"... Might as well be mining sexcoins. At-least that has actual rewards and a market.

307 coins a day = $0.4955278404 a day, or $14.865835212 a month... This is lower than namecoins!

Might want to look into that before you start boasting about it... Perhaps try actually programming it, not just changing values that you don't actually understand, and just assume they actually work.

FAIL...

Try version 2.0, the faster than fast, waste of time coin.

EDIT: Found out the issue for me... Update to CGminer 3.2.0 or 3.2.1 (I was using 3.1.0 and that seems to produce crap.)

Once there was a coin who invested millions to target specific individuals, over a year before actual release. It made millions and millions in the first year, and toppled into the billions, in years that followed...

It was paypal.

They had more than a name and a logo... They had markets ready to use the coin, individuals lining-up to join, and the promise of speed was not even mentioned... because it didn't have to be mentioned. Speed was never the issue, it was, and still is, "security" and "validity".

With only a few confirms, and rapid blocking (also rapid orphaning and rapid rejects and rapid double-spends)... Where is the "gain", for the individual to use this? They get 2,000 coins one day, fast... only to find that the deposit was fraudulent, and removed a week later, when the network ten-million orphaned stacks finally catch-up and correct themselves, and all preceding transactions, thus, hurting everyone who spent and re-spent and re-spent that "fast transaction" that didn't have a "confirm" matched to the "speed of the coin".

So off I go to mine some "fast coins"... Before they disappear fast!

Agreed, horrible logo...

Try using something not so horribly incorrect and cliche (Clea-shay) {Stereotypical}...

Perhaps a simple stop-watch (To represent fast-time), or a snail... because that would be ironic.

What is your target audience for this coin? What market are you actively pushing this coin into? What support are you offering? What promotion are you maintaining? Will you be buying our first million coins from us, to "give it a stable launch price"?