9 entries on the new faucet so far. I tossed a little JKC at it, too, just to try out sending JKC.
http://faucet.jkcoin.com/index.php
Topic: JKC - The Scrypt Coin with Super Blocks - page 16. (Read 33181 times)
Quote
One of things I want to stress...PLEASE look at what happened to the value of the coins that fast tracked onto a larger exchange. How much longer do you think those coins are going to survive with such a low value?
If JKC makes it to a large exchange before it is ready (like mentioned coins) the trading volume will not support a decent price. We need to build a large enough base community to support the trade volume needed to have JKC rise steadily in value.
Now is the perfect time to try and convince (in a POSITIVE way) the community members using other coins, to switch over to JKC. If the JKC community can get the timing right, JKC could get on an exchange and grow in value.
All this being said, only the exchanges have the power to put coins on their exchange. I repeat, they are looking for a certain sustained hash rate before adding any coin.
Patience will gain us a coin that can surpass any of the new coins, instead of a flash and balloon burst that has been witnessed lately on the exchanges.
Robert
If JKC makes it to a large exchange before it is ready (like mentioned coins) the trading volume will not support a decent price. We need to build a large enough base community to support the trade volume needed to have JKC rise steadily in value.
Now is the perfect time to try and convince (in a POSITIVE way) the community members using other coins, to switch over to JKC. If the JKC community can get the timing right, JKC could get on an exchange and grow in value.
All this being said, only the exchanges have the power to put coins on their exchange. I repeat, they are looking for a certain sustained hash rate before adding any coin.
Patience will gain us a coin that can surpass any of the new coins, instead of a flash and balloon burst that has been witnessed lately on the exchanges.
Robert
Very good observations, totally agreed. However, we live in a get-rich-quick world, people just want do to pump-and-dump, they don't have patience. I am glad that JKC has a good vision, and I hope all your success.
I dont think JKC has the adoption to support a JKC/BTC only exchange. LTC barely has that level of adoption.
If you look at the major exchanges, almost all the trading pairs are with BTC now.
example:
https://bter.com/
Even BTC-E is only introducing BTC pairs now:
https://btc-e.com/
I believe the days of matching with LTC may be over with the exchanges. Good or bad, that just seems to be the direction it is going.
I am not looking to rake in huge profits, only to support the JKC community by giving us a minor exchange. I am attempting to grow the community to the point when a large exchange does put up JKC, the community will able to generate enough volume to keep the price up and growing.
Because of all the recent fast tracking , many members expect a coin to be on a major exchange immediately, and we can see what happens to coins when that happens.
I am hoping that if I get and setup a minor exchange, it will help the JKC community retain and gain members so we can build the community to the point where a large exchange will not kill the value of JKC.
I dont think JKC has the adoption to support a JKC/BTC only exchange. LTC barely has that level of adoption.
If you look at the major exchanges, almost all the trading pairs are with BTC now.
example:
https://bter.com/
Even BTC-E is only introducing BTC pairs now:
https://btc-e.com/
I believe the days of matching with LTC may be over with the exchanges. Good or bad, that just seems to be the direction it is going.
Is there a calculator and stats for JKC like this http://calc.feathercoin.com/ http://stats.feathercoin.com/
Or may be someone can do it ?
Or may be someone can do it ?
I dont think JKC has the adoption to support a JKC/BTC only exchange. LTC barely has that level of adoption.
If you look at the major exchanges, almost all the trading pairs are with BTC now.
example:
https://bter.com/
Even BTC-E is only introducing BTC pairs now:
https://btc-e.com/
I believe the days of matching with LTC may be over with the exchanges. Good or bad, that just seems to be the direction it is going.
I dont think JKC has the adoption to support a JKC/BTC only exchange. LTC barely has that level of adoption.
I will try to get a minor exchange setup that would basically be just be JKC/BTC.
doublec used to run some minor exchanges on code that he wrote from scratch, he has since stopped running the exchanges as it became more than a hobby.
I will contact him and see if I can buy the source code and rights to use it.
If I am successful, I will put up a minor exchange for JKC/BTC.
doublec used to run some minor exchanges on code that he wrote from scratch, he has since stopped running the exchanges as it became more than a hobby.
I will contact him and see if I can buy the source code and rights to use it.
If I am successful, I will put up a minor exchange for JKC/BTC.
When JKC will be on BTC-E or BTER ?
Good question, that everyone wants to knowThe coin is 11 days old. To quote my post again:
Quote
js2082 has already done some footwork when it comes to exchanges. Feel free to e-mail and send petitions, but they are looking for a certain sustained hash rate. So while working the PR campaign with the exchanges, remember to encourage the miners out there to start mining JKC. JKC was started 10 days ago, getting on an exchange used to take months or years.
I also want the community to look at the value of the coins that were fast tracked onto the exchanges, we need to build a larger base community to support trading on an exchange. If JKC hits an exchange with too small a market, its value will plummet, as the trading volume will not be high enough to support a good value.
JKC does not need to make it to an exchange tomorrow or die. Give our coin and community a little time grow, or you might find it a flash in the pan. This does not mean I want you to stop encouraging the exchanges, but do not stake the whole value of JKC based on fast tracking to an exchange.
I also want the community to look at the value of the coins that were fast tracked onto the exchanges, we need to build a larger base community to support trading on an exchange. If JKC hits an exchange with too small a market, its value will plummet, as the trading volume will not be high enough to support a good value.
JKC does not need to make it to an exchange tomorrow or die. Give our coin and community a little time grow, or you might find it a flash in the pan. This does not mean I want you to stop encouraging the exchanges, but do not stake the whole value of JKC based on fast tracking to an exchange.
One of things I want to stress...PLEASE look at what happened to the value of the coins that fast tracked onto a larger exchange. How much longer do you think those coins are going to survive with such a low value?
If JKC makes it to a large exchange before it is ready (like mentioned coins) the trading volume will not support a decent price. We need to build a large enough base community to support the trade volume needed to have JKC rise steadily in value.
Now is the perfect time to try and convince (in a POSITIVE way) the community members using other coins, to switch over to JKC. If the JKC community can get the timing right, JKC could get on an exchange and grow in value.
All this being said, only the exchanges have the power to put coins on their exchange. I repeat, they are looking for a certain sustained hash rate before adding any coin.
Patience will gain us a coin that can surpass any of the new coins, instead of a flash and balloon burst that has been witnessed lately on the exchanges.
Robert
When JKC will be on BTC-E or BTER ?
Good question, that everyone wants to know
When JKC will be on BTC-E or BTER ?
Great, looks nice
JKC faucet is up for testing!!
For now it is round based, as adding in the 24 hour reset will take a bit of time and I want to get the faucet running.
I have set it for 50 entry rounds and will adjust as necessary, at least until I get the 24 hour clock implemented.
Entries are worth 1 JKC.
Remember this is still a testing phase, so while it is live and the payouts are real, I still need the community to give me feedback on bugs etc..
Once I get the round entry number dialed in so it is reasonable or the 24 hr clock get implemented, We can start working on the visual appeal.
so when faucet will be available?
Just a quick update.
The faucet is 95% done. It is functional.
Two things left to do:
1. Find a new captcha system. Minteye was not loading a picture half the time. The frame and control would load all the time, just not the ad itself.
2. Right now the system is round based on number of entries. After the round pays out the current stored addresses and IPs are erased from the database. I need to make that into a cron job every 24 hours, but keep the payout rounds every so many entries.
I will let you know when it is fully functional and ready for action.
The faucet is 95% done. It is functional.
Two things left to do:
1. Find a new captcha system. Minteye was not loading a picture half the time. The frame and control would load all the time, just not the ad itself.
2. Right now the system is round based on number of entries. After the round pays out the current stored addresses and IPs are erased from the database. I need to make that into a cron job every 24 hours, but keep the payout rounds every so many entries.
I will let you know when it is fully functional and ready for action.
This one looks like a good coin
... and the most custom, pretty, transparent and full-featured pool here: http://jkcpool.erundook.net
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