The only thing I have to say on that defence, is that searching for bottlecaps alone, will always give you bottlecaps. Same if you just searched for "bit" or "feather" or "mega"... But "bottlecap coins" always returns posts about "bottlecap coins". Just not the best ones.
Once I got something about fallout... but that image is starting to die in the search-world... few are searching for fallout bottlecaps but there are still a lot of people, millions, searching for "bottlecaps".
The lack of services, is the big kicker, as with any coin.
The mega-coin issue isn't that big of an issue, unless you get a fresh wallet and have to download the whole chain. (Which is every new user, and me... since I don't use that coin for anything except harvesting at value with multipool, because he doesn't let us select coins we don't want.)
Still, it would be nice to see a sister download for all wallets, with the last hard-coded matching block-chunk that goes with the wallet. You have to download it anyways. Why burden people with constantly rejecting connections that download super slow. We all have fast download speeds, but upload speeds are a fraction of that on most ISP's. Thus, the many killed connections. (Also ISP's bump uploads, since they don't like people actually sharing upload data. 90% of the uploads are not affected, but that 10% is where the wallets rest, apparently.)
Topic: Bottlecaps 2.1 UPDATE REQUIRED - HARDFORK JULY 4 2014 to 200% Annual PoS - page 148. (Read 388610 times)
November 08, 2013, 02:22:33 AM
November 08, 2013, 02:09:57 AM
Also, in response to one of your previous posts, I've never had an issue with the Megacoin wallet? Nor has anybody else, that I'm aware of -- perhaps you should make a post in the thread about it.
Back on topic, you make additional good points about the disadvantage of the name "BottleCaps." It's like the currency in Fallout without the rights to use the Fallout name (also, we aren't living in a post-apocalyptic world.) Also, when you search for Megacoin, Litecoin, or Bitcoin on Google...you find relevant information about the respective currencies. When I search for Bottlecaps, I find everything from Reader's Digest stories from 1980 to the Pepsi website...but nothing about the currency. The fact that the name implies something of low value is only part of the problem.
I didn't come here to ruffle feathers and still up controversy...I came here to help pump life back into a currency we all have a stake in. This thing is on lfe-support and this community is in denial.
Back on topic, you make additional good points about the disadvantage of the name "BottleCaps." It's like the currency in Fallout without the rights to use the Fallout name (also, we aren't living in a post-apocalyptic world.) Also, when you search for Megacoin, Litecoin, or Bitcoin on Google...you find relevant information about the respective currencies. When I search for Bottlecaps, I find everything from Reader's Digest stories from 1980 to the Pepsi website...but nothing about the currency. The fact that the name implies something of low value is only part of the problem.
I didn't come here to ruffle feathers and still up controversy...I came here to help pump life back into a currency we all have a stake in. This thing is on lfe-support and this community is in denial.
If you want it to be uniquely identifiable close the space .
CapCurrency or Capcurrency.
Ill still be around to help in the future , im the steve Jobs of cryptocurrency in fact you could say im the im the Head Jobs of cryptocurrency !
: D
The community isn't interested in changing the name -- they like the direction things have been going the past month and don't want to risk making changes to the established BottleCaps brand. They are not alarmed by the 600% drop in value and network speed over the past 30 days...and believe it will turn around on its own.
I disagree...and that's why I now want out...but keeping the name as-is remains more important to them than the currency having value and services.
November 08, 2013, 01:57:30 AM
Also, in response to one of your previous posts, I've never had an issue with the Megacoin wallet? Nor has anybody else, that I'm aware of -- perhaps you should make a post in the thread about it.
Back on topic, you make additional good points about the disadvantage of the name "BottleCaps." It's like the currency in Fallout without the rights to use the Fallout name (also, we aren't living in a post-apocalyptic world.) Also, when you search for Megacoin, Litecoin, or Bitcoin on Google...you find relevant information about the respective currencies. When I search for Bottlecaps, I find everything from Reader's Digest stories from 1980 to the Pepsi website...but nothing about the currency. The fact that the name implies something of low value is only part of the problem.
I didn't come here to ruffle feathers and still up controversy...I came here to help pump life back into a currency we all have a stake in. This thing is on lfe-support and this community is in denial.
Back on topic, you make additional good points about the disadvantage of the name "BottleCaps." It's like the currency in Fallout without the rights to use the Fallout name (also, we aren't living in a post-apocalyptic world.) Also, when you search for Megacoin, Litecoin, or Bitcoin on Google...you find relevant information about the respective currencies. When I search for Bottlecaps, I find everything from Reader's Digest stories from 1980 to the Pepsi website...but nothing about the currency. The fact that the name implies something of low value is only part of the problem.
I didn't come here to ruffle feathers and still up controversy...I came here to help pump life back into a currency we all have a stake in. This thing is on lfe-support and this community is in denial.
If you want it to be uniquely identifiable close the space .
CapCurrency or Capcurrency.
Ill still be around to help in the future , im the steve Jobs of cryptocurrency in fact you could say im the im the Head Jobs of cryptocurrency !
: D
November 08, 2013, 01:50:51 AM
Ok what we need is a coin control wallet.
Ill work on that and re phrase a few things in the wallet to the correct statements. Ill have it done in a few days
Buy caps!
EDIT: A few people had suggested a name change. Thinking Bottlecaps and/or caps implies disposable or "cheap"
What does everyone think of this? Is a name change in order? If so ill do a poll
Ill work on that and re phrase a few things in the wallet to the correct statements. Ill have it done in a few days
Buy caps!
EDIT: A few people had suggested a name change. Thinking Bottlecaps and/or caps implies disposable or "cheap"
What does everyone think of this? Is a name change in order? If so ill do a poll
Ha ha
: D
The name is
Cap Currency ,
and I explained the dynamic sociological reasons behind it when I explained why the name should be such.
It was ignored then , which was sad but hey , what's the hurry we have to flesh these things out.
November 08, 2013, 01:48:04 AM
Also, in response to one of your previous posts, I've never had an issue with the Megacoin wallet? Nor has anybody else, that I'm aware of -- perhaps you should make a post in the thread about it.
Back on topic, you make additional good points about the disadvantage of the name "BottleCaps." It's like the currency in Fallout without the rights to use the Fallout name (also, we aren't living in a post-apocalyptic world.) Also, when you search for Megacoin, Litecoin, or Bitcoin on Google...you find relevant information about the respective currencies. When I search for Bottlecaps, I find everything from Reader's Digest stories from 1980 to the Pepsi website...but nothing about the currency. The fact that the name implies something of low value is only part of the problem.
I didn't come here to ruffle feathers and stir up controversy...I came here to help pump life back into a currency we all have a stake in. I was expecting a pretty simple, logical discussion...and I was greeted with attitudes. This thing is on life-support and this community is in denial. You'd think I was talking to a bunch of people that invested their life savings into a box of BottleCaps...
Back on topic, you make additional good points about the disadvantage of the name "BottleCaps." It's like the currency in Fallout without the rights to use the Fallout name (also, we aren't living in a post-apocalyptic world.) Also, when you search for Megacoin, Litecoin, or Bitcoin on Google...you find relevant information about the respective currencies. When I search for Bottlecaps, I find everything from Reader's Digest stories from 1980 to the Pepsi website...but nothing about the currency. The fact that the name implies something of low value is only part of the problem.
I didn't come here to ruffle feathers and stir up controversy...I came here to help pump life back into a currency we all have a stake in. I was expecting a pretty simple, logical discussion...and I was greeted with attitudes. This thing is on life-support and this community is in denial. You'd think I was talking to a bunch of people that invested their life savings into a box of BottleCaps...
November 08, 2013, 01:23:53 AM
I do understand all of that. 
I said the offer was good, for me.
However, I did notice that all the links on the first-post don't actually accept CAP coins... Not sure what the deal is with that? If there is no-where to spend the coins, there is no reason to buy them. Not even for investment, unless they are low like this... but getting 2000 low isn't actually low.
If you remove bottle from the name, just calling them CAP coins or CAP's... that could have more appeal. (Even as an image. Just change it to a baseball-cap and use caps to promote the coin. I am sure I can find a good source of "fit caps", which are the only thing that should be used for promotion. Since the generic caps are crap and ugly-tall.)
The only CAP that won't mess-up your hair... but it may make you go bald!
Ok, it's not the BEST idea, but it is a step forward I am willing to get my hands dirty on.
As for the web-page... Simple and functional, without clutter and confusion is best. They want to know where to get the wallet, how to use it, where to go if there is trouble, and lists of places to spend the coins, that actually accept the coins. (Unlike the other listings which seem to all have pulled CAP support, or never had it.)
They don't need a coin history, which is irrelevant, to the use of the coin. The coin itself is just a gateway of value distribution like payapl or e-pay, keep it that simple. If they want gritty details, they can get their hands dirty digging in the mud for coin history or past-life coin changes of mining value. (Since I think all points are now gone, right?)
I said the offer was good, for me. However, I did notice that all the links on the first-post don't actually accept CAP coins... Not sure what the deal is with that? If there is no-where to spend the coins, there is no reason to buy them. Not even for investment, unless they are low like this... but getting 2000 low isn't actually low.
If you remove bottle from the name, just calling them CAP coins or CAP's... that could have more appeal. (Even as an image. Just change it to a baseball-cap and use caps to promote the coin. I am sure I can find a good source of "fit caps", which are the only thing that should be used for promotion. Since the generic caps are crap and ugly-tall.)
The only CAP that won't mess-up your hair... but it may make you go bald!
Ok, it's not the BEST idea, but it is a step forward I am willing to get my hands dirty on.
As for the web-page... Simple and functional, without clutter and confusion is best. They want to know where to get the wallet, how to use it, where to go if there is trouble, and lists of places to spend the coins, that actually accept the coins. (Unlike the other listings which seem to all have pulled CAP support, or never had it.)
They don't need a coin history, which is irrelevant, to the use of the coin. The coin itself is just a gateway of value distribution like payapl or e-pay, keep it that simple. If they want gritty details, they can get their hands dirty digging in the mud for coin history or past-life coin changes of mining value. (Since I think all points are now gone, right?)
November 08, 2013, 01:07:46 AM
Seriously asking you... Not mocking you...
What about "Bit Coin", "Mega Coin", or "Lite Coin" appeals to you, in the name? You said Bottlecaps sounds cheap... All three of those other names sound cheap. Only BTC is on the rise, LTC is mostly a flat-line of low-value increase, and MEC is well... premined by a millionaire who still holds a majority of the premine, the rest he sold-off to take your investment in his pumps. BTC itself like CAP, had nothing to do with the value. It is not the coins job to be valuable, it is your job, as a coin holder, to find value in it. Apparently, you don't have value in it, and are unable to deal with risk, or manage risk. I told you how to cut your losses, but instead, you want to turn it into a loss, not cut losses. (Which are all in your head, because until you sell, they are not a loss.)
If you are willing to sell, I made you an offer, that is reasonable, to me and apparently to the reality of the market you wished to sell-out to. Take it, and the loss is real. Ignore it, and it isn't a loss. Do nothing, and it will surely be a loss.
I'll sell you anything you want, with any low-value coin, and I will continue to buy things with my high-valued coins, because that is how you make money. In two months, this coin did what BTC and LTC and MEC has done, rise and fall. You should be selling your high-value BTC, and buy more CAP. Again, if you don't understand that logic, you shouldn't be investing, and risking investments.
What about "Bit Coin", "Mega Coin", or "Lite Coin" appeals to you, in the name? You said Bottlecaps sounds cheap... All three of those other names sound cheap. Only BTC is on the rise, LTC is mostly a flat-line of low-value increase, and MEC is well... premined by a millionaire who still holds a majority of the premine, the rest he sold-off to take your investment in his pumps. BTC itself like CAP, had nothing to do with the value. It is not the coins job to be valuable, it is your job, as a coin holder, to find value in it. Apparently, you don't have value in it, and are unable to deal with risk, or manage risk. I told you how to cut your losses, but instead, you want to turn it into a loss, not cut losses. (Which are all in your head, because until you sell, they are not a loss.)
If you are willing to sell, I made you an offer, that is reasonable, to me and apparently to the reality of the market you wished to sell-out to. Take it, and the loss is real. Ignore it, and it isn't a loss. Do nothing, and it will surely be a loss.
I'll sell you anything you want, with any low-value coin, and I will continue to buy things with my high-valued coins, because that is how you make money. In two months, this coin did what BTC and LTC and MEC has done, rise and fall. You should be selling your high-value BTC, and buy more CAP. Again, if you don't understand that logic, you shouldn't be investing, and risking investments.
First of all, I'm not saying the name has to be a homerun. Those names work because they represent one thing: themselves. When is the last time you threw a Megacoin in your trash? I don't like "Goldcoin" or "Diamond" for the same reasons -- those already exist. Sure they at least reference something of value instead of trash...which is probably more appealing to the average person...but it's still invalid, in my opinion.
Second, over the past 30 days, we've seen the market cap of Bitcoin double, Litecoin triple (over $100,000,000 and counting now,) and Megacoin, which launched around the same time as BottleCaps, rise steadily about 30% to over $300,000. Over that same period, the market cap of BottleCaps has dropped from over $30,000 to about $5000 with little buy support (nobody seems to be buying what I put on Cryptsy.)
I'm not saying it's all about market value...but you did bring up the point. Also, just to clear up another false statement, Megacoin was not premined. It was launched publicly right here on this forum...and I know several of the largest Megacoin holders -- they were mining out of the gates. I'm sure the dev was mining amongst them...but what's wrong with that?
Third, I'm irritated because I got involved with BottleCaps under the impression that there would be a name change. Mullick seemed to agree with me...and I assumed the community would back a no-brainer change to increase the value and attractiveness of the currency. The community has spoken...the name stays...and I want out. It's a loss to me no matter what because I could have invested that 10 BTC into a currency with a community that cares about its future.
Finally, I replied to your PM. Offer was too low...but we'll try to work something out. I hope I'm proven wrong -- honestly. The bottom line is I got involved based on information that is now invalid and I want out. It's like buying a residential plot as an investment based on the developer telling you they are building a golfcourse next to it...and then a month later you find out they aren't. Doesn't make the land worthless...but it's definitely worth less...and also defeats the entire motivation for making the investment (yes -- this has happened to me recently as well haha.)
November 08, 2013, 01:00:35 AM
Sure bottlecaps are something that you collect, but with the current supply it's not becoming nowhere as rare as it should be. So even that isn't really adding to it's value. Something has to be done, and it has to be done now. I'm sure the website would help, but there isn't someone who could make it like the MEC site.
What I've suggested in the past, and am suggesting now is setting a small fund (or something similar) to get a couple hundred $ in any coin (exchange to btc afterwards), and get a professional design service to make the website.
What I've suggested in the past, and am suggesting now is setting a small fund (or something similar) to get a couple hundred $ in any coin (exchange to btc afterwards), and get a professional design service to make the website.
November 08, 2013, 12:54:57 AM
Yea, I like the look of Mega's GUI... but I have to keep restarting it to keep it working/connected when trying to get the wallet loaded. That was a nightmare doing that.
Mega to me = mega-man (The old kids video-game.)
Bottlecaps to me = Future post-nuke currency from fallout (The other video-game, which was #1 and is familiar to most digital kids and adults.)
However, google thinks bottlecaps are just bottlecaps... at the moment... unless you add "scrypt" to the search, or "btc".
But that can be changed with some HTML on a webpage, which the forums do not provide.
The seriousness of bottlecaps value... (Thus why the game made fun of it, using caps as currency.)
http://www.ebay.com/gds/Collecting-Soda-Pop-Bottle-Caps-/10000000018076248/g.html
Not to mention, when the game came-out, I sold three bags of 1000+ caps on ebay for $15 each. (Though none of the buyers had ever played the game, they just collected caps. lol, they must have been thinking, "OMG collecting caps is cool again, it's in a video-game!")
Mega to me = mega-man (The old kids video-game.)
Bottlecaps to me = Future post-nuke currency from fallout (The other video-game, which was #1 and is familiar to most digital kids and adults.)
However, google thinks bottlecaps are just bottlecaps... at the moment... unless you add "scrypt" to the search, or "btc".
But that can be changed with some HTML on a webpage, which the forums do not provide.
The seriousness of bottlecaps value... (Thus why the game made fun of it, using caps as currency.)
http://www.ebay.com/gds/Collecting-Soda-Pop-Bottle-Caps-/10000000018076248/g.html
Not to mention, when the game came-out, I sold three bags of 1000+ caps on ebay for $15 each. (Though none of the buyers had ever played the game, they just collected caps. lol, they must have been thinking, "OMG collecting caps is cool again, it's in a video-game!")
November 08, 2013, 12:48:14 AM
Which name? capcoin.com, or capcoins.com, or bottlecap.com, or bottlecaps.com?
Would you be willing to forward the domain-name (point it) at my servers?
We've looked at this before and the only one available was: http://www.bottle-caps.info/ ;this is the one that I registered. Would you be willing to forward the domain-name (point it) at my servers?
We figured that it was pretty much a good one.
As for Mega Coin, the name usually refers to https://mega.co.n ;their site is very good looking and the GUI of the wallet is awesome. I'm not sure about it's current services.
Bottlecaps usually refers to:
November 08, 2013, 12:38:06 AM
If the name remains bottlecaps, I have the domain.
Which name? capcoin.com, or capcoins.com, or bottlecap.com, or bottlecaps.com?
Would you be willing to forward the domain-name (point it) at my servers?
November 08, 2013, 12:36:21 AM
Seriously asking you... Not mocking you...
What about "Bit Coin", "Mega Coin", or "Lite Coin" appeals to you, in the name? You said Bottlecaps sounds cheap... All three of those other names sound cheap. (BTW bottlecaps are a highly valuable and collectable item, like pez-dispensors and baseball-cards. More valuable than gold, if you want to talk about value. $0.00001 cap is sold for $10.00 and by weight, it is more valuable than gold.) Only BTC is on the rise, LTC is mostly a flat-line of low-value increase, and MEC is well... premined by a millionaire who still holds a majority of the premine, the rest he sold-off to take your investment in his pumps. BTC itself like CAP, had nothing to do with the value. It is not the coins job to be valuable, it is your job, as a coin holder, to find value in it. Apparently, you don't have value in it, and are unable to deal with risk, or manage risk. I told you how to cut your losses, but instead, you want to turn it into a loss, not cut losses. (Which are all in your head, because until you sell, they are not a loss.)
If you are willing to sell, I made you an offer, that is reasonable, to me and apparently to the reality of the market you wished to sell-out to. Take it, and the loss is real. Ignore it, and it isn't a loss. Do nothing, and it will surely be a loss.
I'll sell you anything you want, with any low-value coin, and I will continue to buy things with my high-valued coins, because that is how you make money. In two months, this coin did what BTC and LTC and MEC has done, rise and fall. You should be selling your high-value BTC, and buy more CAP. Again, if you don't understand that logic, you shouldn't be investing, and risking investments.
What about "Bit Coin", "Mega Coin", or "Lite Coin" appeals to you, in the name? You said Bottlecaps sounds cheap... All three of those other names sound cheap. (BTW bottlecaps are a highly valuable and collectable item, like pez-dispensors and baseball-cards. More valuable than gold, if you want to talk about value. $0.00001 cap is sold for $10.00 and by weight, it is more valuable than gold.) Only BTC is on the rise, LTC is mostly a flat-line of low-value increase, and MEC is well... premined by a millionaire who still holds a majority of the premine, the rest he sold-off to take your investment in his pumps. BTC itself like CAP, had nothing to do with the value. It is not the coins job to be valuable, it is your job, as a coin holder, to find value in it. Apparently, you don't have value in it, and are unable to deal with risk, or manage risk. I told you how to cut your losses, but instead, you want to turn it into a loss, not cut losses. (Which are all in your head, because until you sell, they are not a loss.)
If you are willing to sell, I made you an offer, that is reasonable, to me and apparently to the reality of the market you wished to sell-out to. Take it, and the loss is real. Ignore it, and it isn't a loss. Do nothing, and it will surely be a loss.
I'll sell you anything you want, with any low-value coin, and I will continue to buy things with my high-valued coins, because that is how you make money. In two months, this coin did what BTC and LTC and MEC has done, rise and fall. You should be selling your high-value BTC, and buy more CAP. Again, if you don't understand that logic, you shouldn't be investing, and risking investments.
November 08, 2013, 12:27:18 AM
Any ideas on a website name... capcoin.com is taken, but there is nothing there.
If the name remains bottlecaps, I have the domain. November 08, 2013, 12:20:19 AM
Sorry that you feel that way bholzer.
However, ultimately, you invested in the coin. So you just made my point, that not only did the name NOT MATTER, but even though you didn't like it, or see any interest in it, you mined/invested in it? (Because the name didn't actually matter. Bit = small, coin = cheap. See, doesn't matter. If you keep changing the name, it will matter. Looks like a hostile takeover or indecision. Also hard to find it... what is it called now? This week?)
Throw the coins on cryptsy. I'll buy them when I get the funds, or others will.
The low value is not real. There are like 20-200 coin chunks and zero sell volume. I raised the price from 0.00000989 to 0.000022 with 0.3 BTC, another 2 BTC and I could have taken it up to 0.00015 again. It is bots buying at 0.00001 and selling at 0.000011. The majority of coins are all in everyones hands, because they are not selling that low, because that isn't the value of the coin. Those who didn't care, just sold to get BTC as it rose. Like they did on every other coin. (Funny, the bots even buy other bots coins, or their own low bids, to make it look like it is falling, to get more cheaper. Then they do the opposite, to sell more for more money. Pump-bots with no actual volume are easy to destroy... lol, just buy all their low volume, like I did.)
There is more than 20Khs mining, because I have 12Khs mining myself, and I am not getting more than half the coins. There may be 20Khs on your pool of choice, or estimated by some off-value, but there is more like a constant 50Khs+ here, at this diff-level. More for you, if you mine. Where did they go? They went to chase dreams of hitting the mother-load mining new scam-pump coins, and will all be victims of loss. Since they are not "in the loop" on the scam. They will continue to chase their tails and collect coins that die, and complain that alt-coins are dead. (I was there once, in the beginning. Quickly changed to about five real coins, four were scams that just lived through the scams and pumps. Now I only focus on MNC, WDC, LTC, DGC, CAP, FTC and still favor CAP over all the others. The others don't have enough volatility to make money fast enough. They are too high or don't drop enough or have too much volume to contend with.)
Just be aware, that selling now is only a loss to you. It is a major gain to someone else. They won't feel bad for your surrender or loss, they will be glad they got a great deal and ride it to the moon.
There was only one issue with forking, which was resolved months ago, within less than a month. All coins have forking issues at some point. There were many forks, but it was all the same single issue, which has not been seen since then. BTC had hundreds of forks and thousands of drops. We had one major drop, which is less than 2% of the volume, because 98% are holding or selling higher than the 2% of idiots selling so low. I don't know why you can't see that, as an investor. As a user and an investor, it is great. Cheap coins to buy!
Did you buy many BTC when it fell from 250 to 100? Then rose back to 350? You had months to buy those, or trade coins for that drop, knowing the ASIC herd was eventually going to demand more from their value/losses/investments. Heck, right now you can get a whole new rig for half-price, if you had gotten BTC when it was low. Now bottlecaps are low. (Seeing the point?)
When you see 80% of the volume listed for the asking price now, that is when you get scared and jump ship. (Like the other alts, where almost 90% are listed for trade.) Even BTC is only trading like 7% volume at these prices.
However, ultimately, you invested in the coin. So you just made my point, that not only did the name NOT MATTER, but even though you didn't like it, or see any interest in it, you mined/invested in it? (Because the name didn't actually matter. Bit = small, coin = cheap. See, doesn't matter. If you keep changing the name, it will matter. Looks like a hostile takeover or indecision. Also hard to find it... what is it called now? This week?)
Throw the coins on cryptsy. I'll buy them when I get the funds, or others will.
The low value is not real. There are like 20-200 coin chunks and zero sell volume. I raised the price from 0.00000989 to 0.000022 with 0.3 BTC, another 2 BTC and I could have taken it up to 0.00015 again. It is bots buying at 0.00001 and selling at 0.000011. The majority of coins are all in everyones hands, because they are not selling that low, because that isn't the value of the coin. Those who didn't care, just sold to get BTC as it rose. Like they did on every other coin. (Funny, the bots even buy other bots coins, or their own low bids, to make it look like it is falling, to get more cheaper. Then they do the opposite, to sell more for more money. Pump-bots with no actual volume are easy to destroy... lol, just buy all their low volume, like I did.)
There is more than 20Khs mining, because I have 12Khs mining myself, and I am not getting more than half the coins. There may be 20Khs on your pool of choice, or estimated by some off-value, but there is more like a constant 50Khs+ here, at this diff-level. More for you, if you mine. Where did they go? They went to chase dreams of hitting the mother-load mining new scam-pump coins, and will all be victims of loss. Since they are not "in the loop" on the scam. They will continue to chase their tails and collect coins that die, and complain that alt-coins are dead. (I was there once, in the beginning. Quickly changed to about five real coins, four were scams that just lived through the scams and pumps. Now I only focus on MNC, WDC, LTC, DGC, CAP, FTC and still favor CAP over all the others. The others don't have enough volatility to make money fast enough. They are too high or don't drop enough or have too much volume to contend with.)
Just be aware, that selling now is only a loss to you. It is a major gain to someone else. They won't feel bad for your surrender or loss, they will be glad they got a great deal and ride it to the moon.
There was only one issue with forking, which was resolved months ago, within less than a month. All coins have forking issues at some point. There were many forks, but it was all the same single issue, which has not been seen since then. BTC had hundreds of forks and thousands of drops. We had one major drop, which is less than 2% of the volume, because 98% are holding or selling higher than the 2% of idiots selling so low. I don't know why you can't see that, as an investor. As a user and an investor, it is great. Cheap coins to buy!
Did you buy many BTC when it fell from 250 to 100? Then rose back to 350? You had months to buy those, or trade coins for that drop, knowing the ASIC herd was eventually going to demand more from their value/losses/investments. Heck, right now you can get a whole new rig for half-price, if you had gotten BTC when it was low. Now bottlecaps are low. (Seeing the point?)
When you see 80% of the volume listed for the asking price now, that is when you get scared and jump ship. (Like the other alts, where almost 90% are listed for trade.) Even BTC is only trading like 7% volume at these prices.
The name did matter to me initially...as I overlooked it. When I began looking into it and learned more about it, I asked Mullick if they have considered a name change. He said they would be putting up a poll to change the name...and the was major motivation behind me buying and mining BottleCaps. I've since seen the value drop over 10 times...the network speed drop proportionally...and the community deteriorate with stubbornness and invalid logic. I'm not guaranteeing the coin will be a failure...but I would rather get out now and reduce the number of coins I follow. This is by far the weakest link in my portfolio...and the value of my position has dropped from roughly 8 BTC to roughly 0.75 BTC. When my holdings are worth 0.75 BTC and that represents over 4% of the market cap 5 months into the life of the coin, it's a deterrent. I was also under the impression that the name would be changed -- I would have never gotten involved had I known it wouldn't...because I've been in the game long enough to know where that will ultimately lead.
Whether you believe it or not, the name is negatively affecting the value -- that's an issue for me. I'm invested in a number of coins...and when the community is actively opposed to taking an action that would clearly increase the value and success of BottleCaps...it's not something I am interested in being a part of. I wish you guys the best and I hope whoever buys my BottleCaps profits from that purchase. Again, I wouldn't have bothered if I wasn't under the impression there would be a re-branding -- I was investing based on incorrect information. I assumed it was good information as I heard it directly from the lead developer...but my guess is that you guys have swayed him.
November 08, 2013, 12:07:38 AM
Any ideas on a website name... capcoin.com is taken, but there is nothing there.
November 07, 2013, 11:42:48 PM
Sorry that you feel that way bholzer.
However, ultimately, you invested in the coin. So you just made my point, that not only did the name NOT MATTER, but even though you didn't like it, or see any interest in it, you mined/invested in it? (Because the name didn't actually matter. Bit = small, coin = cheap. See, doesn't matter. If you keep changing the name, it will matter. Looks like a hostile takeover or indecision. Also hard to find it... what is it called now? This week?)
Throw the coins on cryptsy. I'll buy them when I get the funds, or others will.
The low value is not real. There are like 20-200 coin chunks and zero sell volume. I raised the price from 0.00000989 to 0.000022 with 0.3 BTC, another 2 BTC and I could have taken it up to 0.00015 again. It is bots buying at 0.00001 and selling at 0.000011. The majority of coins are all in everyones hands, because they are not selling that low, because that isn't the value of the coin. Those who didn't care, just sold to get BTC as it rose. Like they did on every other coin. (Funny, the bots even buy other bots coins, or their own low bids, to make it look like it is falling, to get more cheaper. Then they do the opposite, to sell more for more money. Pump-bots with no actual volume are easy to destroy... lol, just buy all their low volume, like I did.)
There is more than 20Khs mining, because I have 12Khs mining myself, and I am not getting more than half the coins. There may be 20Khs on your pool of choice, or estimated by some off-value, but there is more like a constant 50Khs+ here, at this diff-level. More for you, if you mine. Where did they go? They went to chase dreams of hitting the mother-load mining new scam-pump coins, and will all be victims of loss. Since they are not "in the loop" on the scam. They will continue to chase their tails and collect coins that die, and complain that alt-coins are dead. (I was there once, in the beginning. Quickly changed to about five real coins, four were scams that just lived through the scams and pumps. Now I only focus on MNC, WDC, LTC, DGC, CAP, FTC and still favor CAP over all the others. The others don't have enough volatility to make money fast enough. They are too high or don't drop enough or have too much volume to contend with.)
Just be aware, that selling now is only a loss to you. It is a major gain to someone else. They won't feel bad for your surrender or loss, they will be glad they got a great deal and ride it to the moon.
There was only one issue with forking, which was resolved months ago, within less than a month. All coins have forking issues at some point. There were many forks, but it was all the same single issue, which has not been seen since then. BTC had hundreds of forks and thousands of drops. We had one major drop, which is less than 2% of the volume, because 98% are holding or selling higher than the 2% of idiots selling so low. I don't know why you can't see that, as an investor. As a user and an investor, it is great. Cheap coins to buy!
Did you buy many BTC when it fell from 250 to 100? Then rose back to 350? You had months to buy those, or trade coins for that drop, knowing the ASIC herd was eventually going to demand more from their value/losses/investments. Heck, right now you can get a whole new rig for half-price, if you had gotten BTC when it was low. Now bottlecaps are low. (Seeing the point?)
When you see 80% of the volume listed for the asking price now, that is when you get scared and jump ship. (Like the other alts, where almost 90% are listed for trade.) Even BTC is only trading like 7% volume at these prices.
However, ultimately, you invested in the coin. So you just made my point, that not only did the name NOT MATTER, but even though you didn't like it, or see any interest in it, you mined/invested in it? (Because the name didn't actually matter. Bit = small, coin = cheap. See, doesn't matter. If you keep changing the name, it will matter. Looks like a hostile takeover or indecision. Also hard to find it... what is it called now? This week?)
Throw the coins on cryptsy. I'll buy them when I get the funds, or others will.
The low value is not real. There are like 20-200 coin chunks and zero sell volume. I raised the price from 0.00000989 to 0.000022 with 0.3 BTC, another 2 BTC and I could have taken it up to 0.00015 again. It is bots buying at 0.00001 and selling at 0.000011. The majority of coins are all in everyones hands, because they are not selling that low, because that isn't the value of the coin. Those who didn't care, just sold to get BTC as it rose. Like they did on every other coin. (Funny, the bots even buy other bots coins, or their own low bids, to make it look like it is falling, to get more cheaper. Then they do the opposite, to sell more for more money. Pump-bots with no actual volume are easy to destroy... lol, just buy all their low volume, like I did.)
There is more than 20Khs mining, because I have 12Khs mining myself, and I am not getting more than half the coins. There may be 20Khs on your pool of choice, or estimated by some off-value, but there is more like a constant 50Khs+ here, at this diff-level. More for you, if you mine. Where did they go? They went to chase dreams of hitting the mother-load mining new scam-pump coins, and will all be victims of loss. Since they are not "in the loop" on the scam. They will continue to chase their tails and collect coins that die, and complain that alt-coins are dead. (I was there once, in the beginning. Quickly changed to about five real coins, four were scams that just lived through the scams and pumps. Now I only focus on MNC, WDC, LTC, DGC, CAP, FTC and still favor CAP over all the others. The others don't have enough volatility to make money fast enough. They are too high or don't drop enough or have too much volume to contend with.)
Just be aware, that selling now is only a loss to you. It is a major gain to someone else. They won't feel bad for your surrender or loss, they will be glad they got a great deal and ride it to the moon.
There was only one issue with forking, which was resolved months ago, within less than a month. All coins have forking issues at some point. There were many forks, but it was all the same single issue, which has not been seen since then. BTC had hundreds of forks and thousands of drops. We had one major drop, which is less than 2% of the volume, because 98% are holding or selling higher than the 2% of idiots selling so low. I don't know why you can't see that, as an investor. As a user and an investor, it is great. Cheap coins to buy!
Did you buy many BTC when it fell from 250 to 100? Then rose back to 350? You had months to buy those, or trade coins for that drop, knowing the ASIC herd was eventually going to demand more from their value/losses/investments. Heck, right now you can get a whole new rig for half-price, if you had gotten BTC when it was low. Now bottlecaps are low. (Seeing the point?)
When you see 80% of the volume listed for the asking price now, that is when you get scared and jump ship. (Like the other alts, where almost 90% are listed for trade.) Even BTC is only trading like 7% volume at these prices.
November 07, 2013, 11:19:23 PM
I thought that too, about the assembly of smaller coins... However...
I moved all coins to a fresh wallet, in chunks of 500. Thus, no small coins. The app still froze just opening, as it always has. Sending 500, which is one solid coin, still sends two/three (the 500 chunk, 0.01 from one of the 500, and the remaining 499.99 goes back as one new tx, with the 0.01 removed. Well, that is random too, the split is sometimes odd, like 234 and 265.99... again, random dustmaker. Which we get fined for as a tx-fee.)
Would be nice if every deposit just added to the previous volume as a new tx. That would be a one-time dust-eater. But that is another whole story that is an issue back at the root of the original coins horrible design. (Not a CAP thing, that is an all-coin thing.)
I have no choice but to mine with the same computer as the wallet. There is no fighting of resources on this computer. I have 8GB ram, with all cards running and the client, I only use 3GB at the most. The CPU is 80% idle, even when POSing. However, an option to pause POSing, for uninterrupted operation, when needed, without shutting-down the wallet or locking it up, would be nice. First though, I think the hang-ups should be looked at, and the addition of "Unlock for XXX minutes", without going into the console. Those would be my two major wishes. (Along with the text correction of the service where it mentions use of FEES being payment for those processing the transactions.)
Just add a console-box to the page when they click on the lock-icon, or a popup to unlock and select time.
Remember, you don't want to strip the "mining" ability from the client... or they can't POS mine at all. (Not that POS minting is real taxing at the diff level it is at. Which should be a little higher, so less "solutions" flood the system all at once. Being easy to solve just makes thousands of "solutions" get thrown at the network to "check". Make it a little more difficult, and only 100 get thrown at the network to check, and reduce all the waste.)
I moved all coins to a fresh wallet, in chunks of 500. Thus, no small coins. The app still froze just opening, as it always has. Sending 500, which is one solid coin, still sends two/three (the 500 chunk, 0.01 from one of the 500, and the remaining 499.99 goes back as one new tx, with the 0.01 removed. Well, that is random too, the split is sometimes odd, like 234 and 265.99... again, random dustmaker. Which we get fined for as a tx-fee.)
Would be nice if every deposit just added to the previous volume as a new tx. That would be a one-time dust-eater. But that is another whole story that is an issue back at the root of the original coins horrible design. (Not a CAP thing, that is an all-coin thing.)
I have no choice but to mine with the same computer as the wallet. There is no fighting of resources on this computer. I have 8GB ram, with all cards running and the client, I only use 3GB at the most. The CPU is 80% idle, even when POSing. However, an option to pause POSing, for uninterrupted operation, when needed, without shutting-down the wallet or locking it up, would be nice. First though, I think the hang-ups should be looked at, and the addition of "Unlock for XXX minutes", without going into the console. Those would be my two major wishes. (Along with the text correction of the service where it mentions use of FEES being payment for those processing the transactions.)
Just add a console-box to the page when they click on the lock-icon, or a popup to unlock and select time.
Remember, you don't want to strip the "mining" ability from the client... or they can't POS mine at all. (Not that POS minting is real taxing at the diff level it is at. Which should be a little higher, so less "solutions" flood the system all at once. Being easy to solve just makes thousands of "solutions" get thrown at the network to "check". Make it a little more difficult, and only 100 get thrown at the network to check, and reduce all the waste.)
November 07, 2013, 11:07:41 PM
On the note of name-change... I agree that this is an established coin, with a brand-name now. None of the users question that it is a coin, but new users don't care what the name is. They care about the "things they can use it for". Investors don't care if it is called "crap-coin", if it has potential for investment. If they do, they are poor investors.
Obviously I'm one of the primary people pushing for re-branding BottleCaps...but this is another example of people in this community not getting it. To say they're poor investors if they make a decision based on the name is simply naive. It's an unfortunate fact that trivial factors play a role in almost every decision people make. Taking that a step further, I'm not sure giving a name to something that implies "worthless" that costs money to get involved in is even trivial. The only people attached to the name are people that won't (or at least shouldn't) care about a refreshing re-brand. I'm not saying a new name alone will revolutionize BottleCaps...but it's an integral part of its long-term success, in my opinion.
It's easy to be stubborn or insist we don't want to attract the interest of miners and/or deeper pockets if they weren't already sold with the existing name...but you're failing to look at the situation objectively. People are starting to flood into altcoins...and I'm here to tell you that with all of the altcoins out there..."BottleCaps" doesn't sound like something I'd want to use my hand-earned money to buy or expensive electricity to mine. It's really that simple: the name is a factor, whether you like it or not. People don't have time to research every single coin out there...and if we could attract twice as many people simply with a re-branding...it seems like a no-brainer to me.
We need to face the facts here: we're approaching 200,000 blocks...we're nearly 5 months in...and the network speed and value is slowly dwindling. We're currently looking at a network speed of roughly 20 MH/s (less than I was putting into it myself just a couple months ago)...and it's not like this is an anomaly at this point -- it's becoming par for the course. There have been a number of forking issues with BottleCaps and I know a number of people that associate the name with fork issues. I think this project keeps getting better...and there is definitely a bit of muscle behind it...but it's time to get real here, guys: BottleCaps is trending in the wrong direction.
At any given time there are about 20 altcoins more profitable to mine...and despite how you guys feel about the name, I assure you not everyone thinks exactly like you do. There are too many alternatives and too many people make level 1 decisions based on the cover of the book -- we're not splitting the atom here...this is a pretty simple concept. It doesn't mean they lack intelligence or patience -- it's just how a number of first cuts are made when there are so many options out there.
In any case, it's clear there is enough resistance here that a re-brand isn't going to happen in the near future (if ever.) As much as I'd love to say I invest in altcoins strictly out of passion...the fact is that we're all here for the same reason: profit. Whether short-term, long-term, or a combination of the two...you're lying to yourselves if you believe you aren't in it for profit. Based on what I've seen over the past few weeks, both in this thread and with BottleCaps in general, my confidence in its future has been drastically reduced.
I have 80,000 CAPs remaining (roughly 4% of the existing total) -- make me offers via PM for all or a portion of my holdings (preferably in BTC, LTC, or MEC but I'll consider anything) over the next hour. After that, I'll begin dumping on Cryptsy. I realize it's a minimal amount...and I've put a lot more into it than I'll be getting back out...but it'll be one less currency for me to track and it's clear that this community is on a different page than me.
November 07, 2013, 10:30:48 PM
One thing to remember...
This is by my observations of trades. CAP coins are being held the longest. (Compared to crap coins, that are all sold ASAP with every BTC move.) Thus, only those few short-sellers are listing to get rid of them for the rising BTC. Funny thing is, they are devaluing the coin 10x to get the 2x gain on BTC. Thus, morons. lol.
Not to mention, this is the ONLY client I quickly get 15+ connections to.. thus, a lot of people are "POSing" the investments, not mining.
I have swiped up 48,000 coins at a steal, on cryptsy. This lowered the loss from my 27,000 I purchased when the coins were high. Now my average coin price is 0.000045 as opposed to the 0.00015 I paid for the initial 27,000 coins. Not including all that I am continually mining, to keep out of the hands of short-sellers. I keep buying every short-sale I can. (BTC I earned from trading and investing in mcxNOW and mcxFEE-shares.)
Thus, buy every short-sold coin, at your gain, and their loss. The coins will rise like mad when BTC starts to fall. However, BTC will fall only about 50% while CAPs rise back up 1000%, to the previous ground. That is a lot more BTC you can buy at that point, selling at the higher level.
Now, if I could just find a reliable source to sell me hardware or art supplies, for BTC.
Trade tip... Now that BTC is high, and CAP are low, you buy CAP with BTC, not sell. lol. When BTC drops and CAP rises, that is when you sell... Selling again when BTC rises, to buy more CAPs. Until you own everything!
Still, I am having the major issue with the client not even showing for almost five minutes, after it has started. (Doesn't show on the screen, but the icon is there, frozen.) Sending transactions seems real tedious, as it does the same slow-down. Though only takes about a minute for the (not responding) frozen program to begin working and let me know it didn't just crash, before I can send the next transaction.
Might just be a windows thing, something like compile optimized settings wrong or database bottlenecking, on a windows system.
This is by my observations of trades. CAP coins are being held the longest. (Compared to crap coins, that are all sold ASAP with every BTC move.) Thus, only those few short-sellers are listing to get rid of them for the rising BTC. Funny thing is, they are devaluing the coin 10x to get the 2x gain on BTC. Thus, morons. lol.
Not to mention, this is the ONLY client I quickly get 15+ connections to.. thus, a lot of people are "POSing" the investments, not mining.
I have swiped up 48,000 coins at a steal, on cryptsy. This lowered the loss from my 27,000 I purchased when the coins were high. Now my average coin price is 0.000045 as opposed to the 0.00015 I paid for the initial 27,000 coins. Not including all that I am continually mining, to keep out of the hands of short-sellers. I keep buying every short-sale I can. (BTC I earned from trading and investing in mcxNOW and mcxFEE-shares.)
Thus, buy every short-sold coin, at your gain, and their loss. The coins will rise like mad when BTC starts to fall. However, BTC will fall only about 50% while CAPs rise back up 1000%, to the previous ground. That is a lot more BTC you can buy at that point, selling at the higher level.
Now, if I could just find a reliable source to sell me hardware or art supplies, for BTC.
Trade tip... Now that BTC is high, and CAP are low, you buy CAP with BTC, not sell. lol. When BTC drops and CAP rises, that is when you sell... Selling again when BTC rises, to buy more CAPs. Until you own everything!
Still, I am having the major issue with the client not even showing for almost five minutes, after it has started. (Doesn't show on the screen, but the icon is there, frozen.) Sending transactions seems real tedious, as it does the same slow-down. Though only takes about a minute for the (not responding) frozen program to begin working and let me know it didn't just crash, before I can send the next transaction.
Might just be a windows thing, something like compile optimized settings wrong or database bottlenecking, on a windows system.
Good thoughts. It seems the sell off of Alts is slowing. I see some gaining ground over btc, well see how long that lasts, but encouraging none the less.
As far as your client, there are a few things. #1 I wouldn't mine and stake on the same wallet. They compete for the same resources, slows down both, and the gui. #2 When sending, it is slower with mined and or many small coins. As all the blocks have to be assembled before they are sent, again this is on the same thread as the gui.
I am working on these issue with HBN as well. One approach I am taking is the use of multiple wallets. You can bring off line wallets online, with the gui still running. Let them stake then take them off. It is still a WiP but the rpc commands are in place. Since HBN is forked off CAPs, it could be added fairly easily, should be an easy diff change.
Better would be to get they gui and mining on separate cores. A bit more difficult.
With HBN and MW2, I mine for a bit, till I get a few k, then load up a hold wallet, push them there. Once I get a few of those, I zap into a separate stake wallet, and leave them there for a while. Eventually I will start taking them offline into storage and only bringing them to stake, then back to the vault...
November 07, 2013, 10:20:07 PM
Instead of retargeting after every single fast block, why not every Nth block? 1:8 and 1:10 are easy enough to calculate and wouldn't detrimentally hurt the coin by sticking someone with an uber high diff if multi or other large hoppers start jumping back into the coin.
On the note of name-change... I agree that this is an established coin, with a brand-name now. None of the users question that it is a coin, but new users don't care what the name is. They care about the "things they can use it for". Investors don't care if it is called "crap-coin", if it has potential for investment. If they do, they are poor investors.
This isn't a scam-coin or a pump-coin, that is why it doesn't get pump-scams. You don't want those guys here anyways. The biggest selling point is that this is a coin that processes fast, is reliable on delivery, has had few attacks (if any), is still actively supported by the community, and never seems to be on the bottom. (Unlike scam-coins that jump from bottom to top, over and over, with the hoppers and pumpers.)
I'll see if I can setup an "official website", since that seems to be the only other issue I can help with. I have a hard time still "searching", for "bottlecaps", or "bottlecap coins", because google keeps leading me to actual bottlecaps and coins made from bottlecaps. Having a website with good google-targeted relevance to the search will help a LOT! That is easy for me to do. Even if it just links to all the relevant forum posts and services.
Might want to see about making a hot-link in the wallet, once the site is done. Or, at-least a selectable (copy/paste) text to lead them to the "source of the coin".
On the note of name-change... I agree that this is an established coin, with a brand-name now. None of the users question that it is a coin, but new users don't care what the name is. They care about the "things they can use it for". Investors don't care if it is called "crap-coin", if it has potential for investment. If they do, they are poor investors.
This isn't a scam-coin or a pump-coin, that is why it doesn't get pump-scams. You don't want those guys here anyways. The biggest selling point is that this is a coin that processes fast, is reliable on delivery, has had few attacks (if any), is still actively supported by the community, and never seems to be on the bottom. (Unlike scam-coins that jump from bottom to top, over and over, with the hoppers and pumpers.)
I'll see if I can setup an "official website", since that seems to be the only other issue I can help with. I have a hard time still "searching", for "bottlecaps", or "bottlecap coins", because google keeps leading me to actual bottlecaps and coins made from bottlecaps. Having a website with good google-targeted relevance to the search will help a LOT! That is easy for me to do. Even if it just links to all the relevant forum posts and services.
Might want to see about making a hot-link in the wallet, once the site is done. Or, at-least a selectable (copy/paste) text to lead them to the "source of the coin".
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