Topic: BlueCoin (ß) |Hybrid Cold Staking | Bluetooth | 3% Annual Rewards - page 72. (Read 192283 times)
May 07, 2014, 08:11:44 AM
Is this coin dead? I got about 40,000 I mined and needed to dump. Are we DOA yet?
May 06, 2014, 11:51:29 PM
So many color coins. with no innovation, just copy the existing code and modify the parameter and then rush launch, doomed to die soon.
May 06, 2014, 11:30:09 PM
Where i can sell my Blu coins? Who want it buy??
May 06, 2014, 10:09:10 PM
A new color-coin. Can't see any innovation.
May 06, 2014, 10:02:25 PM
Will there be a hardfork?
May 06, 2014, 03:12:09 PM
We have reviewed the situation and there was indeed a fork.
This happens to alt coins when the hash rate gets too low and an attacker with enough hashing power uses his footprint on the network to double spend transactions.
There is nothing we (or ANY Altcoin) for the matter can do to prevent this from happening, other than recruiting more miners. When the POS period comes into effect (roughly 70 days from now) this will obviously no longer be an issue (of course PoS brings its own set of disadvantages).
We are communicating with all the exchangers to get BLU reinstated ASAP and are here actively and vigilantly reviewing the situation...
We appreciate all of your collective patience during this rough start-up phase.
This happens to alt coins when the hash rate gets too low and an attacker with enough hashing power uses his footprint on the network to double spend transactions.
There is nothing we (or ANY Altcoin) for the matter can do to prevent this from happening, other than recruiting more miners. When the POS period comes into effect (roughly 70 days from now) this will obviously no longer be an issue (of course PoS brings its own set of disadvantages).
We are communicating with all the exchangers to get BLU reinstated ASAP and are here actively and vigilantly reviewing the situation...
We appreciate all of your collective patience during this rough start-up phase.
May 06, 2014, 10:13:49 AM
What happened to blue?
The market is frozen now
The market is frozen now
May 06, 2014, 10:01:43 AM
All exchanges (w/o Europex) closed Bluecoin deposit and trade 
May 06, 2014, 08:23:19 AM
I like blue the colour.
May 06, 2014, 05:14:34 AM
Those attacks against most scrypt coins will happen every day!
If some jerk buys 9000 $ asic toy, then he/she wants to play with it... and it's so easy to f*** those scrypt clones and make some money - like take a candy from child...
The only ways to sustain your coin is move to another (safer) algo or by a powerful asic to secure network. Period. There are no other options!
If some jerk buys 9000 $ asic toy, then he/she wants to play with it... and it's so easy to f*** those scrypt clones and make some money - like take a candy from child...
The only ways to sustain your coin is move to another (safer) algo or by a powerful asic to secure network. Period. There are no other options!
Agreed. I've been monitoring multiple networks and you WOULDN'T believe what's going on.
Luckily everyone is asleep at the wheel, so the deaths should be painless.
Curious, how are you monitoring this?
Custom rolled tools to check network health, also multiple information sources that are doing the same.
Double Spend is a big problem for exchanges for obvious reasons.
Unfortunately, there are way too many blockchains out there to even find out what's happening. I urge community members of each coin to pay attention to hash rates, any spikes, and even to basic info like confirmations. If confirmations start disappearing - watch out!
May 06, 2014, 05:08:11 AM
We are updated to every post on this thread all the time and we will be responding in detail to everyone shortly. Don't lose faith, Thank you!
May 06, 2014, 04:32:29 AM
So, dev isn't responding, very sad...
Network hashrate is decrease. Where we can sell our coins now?
Network hashrate is decrease. Where we can sell our coins now?
May 06, 2014, 04:27:48 AM
Dev, i know you logged in yesterday and knew the situation (Last Active: 05-05-2014, 13:21:31). So assure the the supporters of this coin that you working on the problems to get it right.
May 06, 2014, 03:59:39 AM
Blucoiner has not responded much and the facebook and twitter accounts are basically unchanged since put up. The only two exchanges the coin is on have frozen it due to problems. My take is they are in over their head don't know how to fix the problem so they are running away as quick as possible after selling off their coins before the markets crashed. I might be wrong and I hope the Devs prove me wrong but I think you would be nuts to throw any hash power at this coin right now.
May 06, 2014, 03:05:55 AM
do we have anything going for us with this coin? dev? are you handling the issues with the exchanges?
May 05, 2014, 04:52:19 PM
Those attacks against most scrypt coins will happen every day!
If some jerk buys 9000 $ asic toy, then he/she wants to play with it... and it's so easy to f*** those scrypt clones and make some money - like take a candy from child...
The only ways to sustain your coin is move to another (safer) algo or by a powerful asic to secure network. Period. There are no other options!
If some jerk buys 9000 $ asic toy, then he/she wants to play with it... and it's so easy to f*** those scrypt clones and make some money - like take a candy from child...
The only ways to sustain your coin is move to another (safer) algo or by a powerful asic to secure network. Period. There are no other options!
Agreed. I've been monitoring multiple networks and you WOULDN'T believe what's going on.
Luckily everyone is asleep at the wheel, so the deaths should be painless.
Curious, how are you monitoring this?
May 05, 2014, 03:16:12 PM
Those attacks against most scrypt coins will happen every day!
If some jerk buys 9000 $ asic toy, then he/she wants to play with it... and it's so easy to f*** those scrypt clones and make some money - like take a candy from child...
The only ways to sustain your coin is move to another (safer) algo or by a powerful asic to secure network. Period. There are no other options!
If some jerk buys 9000 $ asic toy, then he/she wants to play with it... and it's so easy to f*** those scrypt clones and make some money - like take a candy from child...
The only ways to sustain your coin is move to another (safer) algo or by a powerful asic to secure network. Period. There are no other options!
Agreed. I've been monitoring multiple networks and you WOULDN'T believe what's going on.
Luckily everyone is asleep at the wheel, so the deaths should be painless.
May 05, 2014, 01:33:01 PM
Dev fix this asap please
May 05, 2014, 11:26:02 AM
Those attacks against most scrypt coins will happen every day!
If some jerk buys 9000 $ asic toy, then he/she wants to play with it... and it's so easy to f*** those scrypt clones and make some money - like take a candy from child...
The only ways to sustain your coin is move to another (safer) algo or by a powerful asic to secure network. Period. There are no other options!
If some jerk buys 9000 $ asic toy, then he/she wants to play with it... and it's so easy to f*** those scrypt clones and make some money - like take a candy from child...
The only ways to sustain your coin is move to another (safer) algo or by a powerful asic to secure network. Period. There are no other options!
May 05, 2014, 06:38:39 AM
Where is the dev?
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