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Topic: [ANN][CRT][CRT100M] Cryptotarget - Dual Wallet Updated! v1.0.2 - page 22. (Read 47858 times)

hero member
Activity: 633
Merit: 500
B Money Prepaid Mastercard bmoney.io
hero member
Activity: 633
Merit: 500
B Money Prepaid Mastercard bmoney.io
Hello everyone, I hope you're having a good day.

I'm looking into building some sort of wrapper for RPC commands that will remove decimal points from the input and pass on the RPC command to cryptotargetd without decimals. Smiley
The reason being that this will make it easier to support legacy systems that exchanges and pools use until they adopt whole numbers. Will start working on it as soon as I get time off work.

I believe this answers the decimal issue for exchanges.
member
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NOTE TO EXCHANGES/POOLS: This coin does not use any decimal places due to the sheer size of coin supply that has been set. Please make sure you adjust your software to round down any payments (including tx fee) to the nearest whole number!
Pennies (CENT) asked for the same thing sometime back, but I think they ran into some problems.
hero member
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Thanks for your input and words guys Smiley
You guys aren't wrong, your points are completely valid, however I am optimistic that CRT will have a steady value which is what I'm aiming for mainly to enable arbitraging. It's much easier for marketing CRT at 1 satoshi however unlikely it may seem, it's much more attractive whether the reality of that is true or not. I believe that CRT has a great future and there is plenty of potential in it.


See this is what I don't understand.  If you recognize these points as valid, then it logically follows that you should recognize that the 1 satoshi thing isn't just unlikely.  It is impossible.  You can't use it to arbitrage either.  There has to be a willing buyer at 1 satoshi the second you deposit your coins to make this useful for arbitrage, and there won't be because there are too many coins.  How will you be able to count on selling your coins at 1 satoshi if you need to wait for a sell wall that could EASILY be 100,000 BTC thick to get eaten through before your coins get touched?  BTC produces around $1 million dollars of coins every day, and struggles to maintain it's price.  How will the CRT market absorb $78 million dollars worth of new coins every day?  Where will the network of miners come from to secure the chain?  The alt markets as a whole struggle to get a few million dollars of trading volume every day.  Why would a fast arbitrage coin, something that a small % of traders would use in an even smaller % of trades, have a multi-billion dollar demand?  If Jesus came down from heaven and miracled this at 1 satoshi, the BTC network dies!  Why would miners fight over $1 million dollars worth of BTC everyday, when they have $78 million dollars of CRT to mine? 

It doesn't help with marketing either.  Just about anything will be added to an exchange almost instantly these days.  Why has no alt exchange attempted to touch this?  Why is hardly anyone mining this?  It's because the entire plan is ridiculous after thinking about it for about 30 seconds, and people walk away because they rightfully judge this plan to be a dead end.  If even 1 alt exchange is crazy enough to add to this to a BTC market, what will happen is that anyone unfortunate enough to have a buy order will have it instantly dumped on.  Then a massive sell wall at 1 satoshi starts building.  It will be a laughingstock as the sell wall grows to a comical size within minutes.  Then thats all she wrote.  You have a dead coin now.  No one will be buying from the 500,000 BTC sell wall.  No other exchanges will add it when they see it instantly died and trade volume is 0.  There is a big difference between a "fast arbitrage coin stable at 1 satoshi" and a "fast arbitrage coin stable at 0 satoshi", which is what you WILL have.  Technically most of the plan is correct, but you better be a marketing whiz to convince people it's a minor detail.

Being optimistic is one thing, being delusional is another.
newbie
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Please submit coin request on poloniex!
https://www.poloniex.com/coinRequest
Thanks Smiley
newbie
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Going to try this coin so I can have 1 million of something it might help with the wife acceptance factor with my noisy miners lol

2HWePPUEnxFo1CipTuF2uAuCwk2UwXQ7hd
hero member
Activity: 644
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i just took a look at your website dev, compliments!!

Mining working well, payouts working well, blocks working well, websites looks great.. Just perfect.

Keep up the good work.
newbie
Activity: 59
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Please look: http://crtcoin.com/
This coin have same short name as CryptoTarget.
member
Activity: 84
Merit: 10
DOGE market on Bleutrade is the is the best chance for this one right now.  Theoretically, it is possible to come up with ways to allow trading on BTC or LTC markets with greater than 8 decimal places of precision, but no one is going to go through that much trouble for 1 coin.

The dev obviously put a bit of work into this and is more competent then most around here.  When the issue with pools came up, he was quickly able to identify the problem and fix it.  He has been honest and helpful and he reimbursed many people's lost coins, including mine, from his pre-mine.  We could use more devs like him around here.

His one failing is he can't recognize how fundamentally flawed his original vision is.  If this hit every BTC and LTC market on every alt exchange right now, it would have sell walls at 1 satoshi and 1 latoshi big enough to NEVER budge.  There is not enough demand for a fast arbitrage coin that literally BILLIONS of dollars worth of this stuff would be bought and sold at 1 satoshi everyday.  If this coin hit exchanges at 1 satoshi right now, it would have a $448,000,000 market cap.  He's gotta face reality, go back to the drawing board, readjust his vision, or his is just wasting his time and we are wasting our hashes and electricity.

+1 there are lot of exchanges which have alt trading pairs c-cex, cryptopia and cryptsy are few of them. i would recomend cryptopia in order to get permanent home kind a thing for CRT as well
full member
Activity: 226
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I don't have the neccessary coding skills, but could anyone on here put together a dice game, like Satoshi dice? That would be a bit of fun.
Maybe a faucet would be good too, i would be happy to donate.
hero member
Activity: 633
Merit: 500
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DOGE market on Bleutrade is the is the best chance for this one right now.  Theoretically, it is possible to come up with ways to allow trading on BTC or LTC markets with greater than 8 decimal places of precision, but no one is going to go through that much trouble for 1 coin.

The dev obviously put a bit of work into this and is more competent then most around here.  When the issue with pools came up, he was quickly able to identify the problem and fix it.  He has been honest and helpful and he reimbursed many people's lost coins, including mine, from his pre-mine.  We could use more devs like him around here.

His one failing is he can't recognize how fundamentally flawed his original vision is.  If this hit every BTC and LTC market on every alt exchange right now, it would have sell walls at 1 satoshi and 1 latoshi big enough to NEVER budge.  There is not enough demand for a fast arbitrage coin that literally BILLIONS of dollars worth of this stuff would be bought and sold at 1 satoshi everyday.  If this coin hit exchanges at 1 satoshi right now, it would have a $448,000,000 market cap.  He's gotta face reality, go back to the drawing board, readjust his vision, or his is just wasting his time and we are wasting our hashes and electricity.

I agree with you. The emission rate is extremely fast compared to adoption and i think a Doge market is needed as a start, see where this can go.
hero member
Activity: 882
Merit: 500
MiG Messenger - earn while chatting
DOGE market on Bleutrade is the is the best chance for this one right now.  Theoretically, it is possible to come up with ways to allow trading on BTC or LTC markets with greater than 8 decimal places of precision, but no one is going to go through that much trouble for 1 coin.

The dev obviously put a bit of work into this and is more competent then most around here.  When the issue with pools came up, he was quickly able to identify the problem and fix it.  He has been honest and helpful and he reimbursed many people's lost coins, including mine, from his pre-mine.  We could use more devs like him around here.

His one failing is he can't recognize how fundamentally flawed his original vision is.  If this hit every BTC and LTC market on every alt exchange right now, it would have sell walls at 1 satoshi and 1 latoshi big enough to NEVER budge.  There is not enough demand for a fast arbitrage coin that literally BILLIONS of dollars worth of this stuff would be bought and sold at 1 satoshi everyday.  If this coin hit exchanges at 1 satoshi right now, it would have a $448,000,000 market cap.  He's gotta face reality, go back to the drawing board, readjust his vision, or his is just wasting his time and we are wasting our hashes and electricity.
hero member
Activity: 633
Merit: 500
B Money Prepaid Mastercard bmoney.io
If anybody Wants Some Free Crt Give me a Pm I will send Some your way Smiley

I'll do the same, although only to new adopters of CRT  Wink
So if you can't mine and want some CRT, download the wallet and send me a PM or post here Smiley
sr. member
Activity: 301
Merit: 250
If anybody Wants Some Free Crt Give me a Pm I will send Some your way Smiley
member
Activity: 94
Merit: 10
When you will exchange?
sr. member
Activity: 381
Merit: 250
JaguarCrypto
thats right we needd mobile wallet
hero member
Activity: 633
Merit: 500
B Money Prepaid Mastercard bmoney.io
i think maybe too many coins ...

As crazy as the concept seems, if you want a coin that can be mass distributed to billions, 100 quadrillion ain't that much.
For this to work, it needs new users to crypto. CRT with no current exchange value is actually perfect for mass distribution through giveaway's, new users.. we need a mobile wallet  Wink
newbie
Activity: 30
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i think maybe too many coins ...
hero member
Activity: 633
Merit: 500
B Money Prepaid Mastercard bmoney.io
Never noticed those points necessary to vote on BTER. I don't use them much, especially since the "hack"
Get on the C-Cex voting list at least. You could pay a measly .2btc and get to the top of the Cex voting list once on it.
Yobit... meh.  Future goal should be Polo on the XMR market Smiley
full member
Activity: 173
Merit: 101
>New Cryptotargetcoin mining pool!<

I've opened up a Cryptotargetcoin mining pool.  All payout systems work and everything is running stable.  I only ask that you be patient if there are any problems, but the likeliness of any occurring is low.  The website is crt.npool.us.  If you have any questions, comments, or concerns please feel free to PM me!  Also, please cash out your coins often, I am not responsible for any lost coins (not that it's likely that will occur).  This pool was opened to provide a bit of diversity for the Cryptotargetcoin network and as a fun hobby.  I hope you enjoy it!  Happy mining!

hmmm might be a problem bud. Auto payouts do not seem to be working so I then tried a manual one and that too has not processed.
Fixed, sorry about that!  See my last post for more details.
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