Topic: [RE-ANN] FAILCoin | This thread will not be followed! - page 22. (Read 68286 times)

One of the devs who is dealing with multipool told me that he is going to miss for some days and we will be delayed... again. Maybe he have some personal issues, but I think that next week everything should be fine.  We don't want to fix the code and launch the multipool. Everything must be finished at the same time.

Any idea when the Multipool is launching Bates? What's happening?

Good to see FAIL keeping up good volume on SwissCEX.

FAIL ON!

Looks like FAIL is picking up a bit of steam! Someone wanting to join the Billionaire's club before the Multipool launch huh? Welcome!

Yes well we shall see Re: LTC , would be good for it to succeed but there are better coins out there more deserving of the number two spot atm. Cloak is probably the best of the bunch right now but no one can really tell with these things.

It seems that you are not following LTC. Yes, the price is not $40 like in December, but imo LTC is really long term investment. I for example am following LTC, not BTC. Why? It's quite simple. Hashrate and therefore diff. of LTC is rising every week. Most of the people who have ASICs are mining it directly. By the end of the year LTC will become rare, because of the large ASICs which will hit the market. That is why we decided to leave FAIL as scrypt, because it's network can be more easily supported.

Blackcoin is an interesting beast. The whole thing imploded with the 'IconicExpert' fiasco but the community - much like FAIL's community - has not let it die off. The volume is still right up there even if the price is not.

Plenty of coins to observe and take pointers from. If FAIL investigates WHY the top coins are so popular right now and then looks at how some of those qualities could be brought into FAIL then there is no reason why we shouldn't see some seriously high gains over the next 3 months. The only coins that appear to stand still or decline are those that don't want to adapt to the market - DOGE and Litecoin are the best examples there.

HunterS, he's kinda right. They may be active, but that don't change the fact that MANY people lost their money when PND was pumped (several times). Look at the price and trading volume. Personally I don't like any animal, country or color coins. The only one who has success at the moment is BC (and RDD.. if we can count it as "colorcoin").

Hey Everyone!

Have been doing more research into the value of coins with a similar or greater number of total coins compared to FAIL.

What I have found is seriously inspiring if you are a long term supporter/investor or thinking of investing a few bucks in FAIL.


Pandacoin (PND) - 100 Billion Total Coins - Peak price of 40 Satoshi - Stable price between 2 and 10 Satoshi over the past 6 Months - Current Price of 1 Satoshi - DEAD

Karmacoin (KARM) - 92 Billion Total Coins - Peak price of 20 Satoshi - Stable price between 2 and 5 Satoshi since repairing - Current price of 3 Satoshi - ALIVE

Mooncoin - 384 Billion Total Coins - Peak price of 38 Satoshi - Stable price between 5 and 20 Litoshi - Current price of 3 Litoshi - DEAD

Fedoracoin (TIPS) - 500 Billion Total Coins - Peak price of around 110 Litoshi on listing - Stable price between 4 and 14 Litoshi - Current price of 4 Litoshi - ALIVE


- All of these coins have a greater total number of coins vs. FAIL
- 2 of them are no longer appear to be in development, 2 of them are still alive, all of them are worth considerably more than FAIL is right now.


What does this mean?

It means that FAIL is probably the best coin out there to throw a few spare dollars at to see what happens. We all know what happens when a coin gets picked up by one of the big three exchanges (Crytpsy, Mintpal and Bittrex), if they are undervalued at the time of listing they are bought up and the price shoots up over 1000%, if they are overvalued at the time of the listing they get dumped.

FAIL is grossly undervalued. Even if the coin were dead (and it is very much alive) it would STILL be undervalued.

The only thing holding the price back is the fact that none of the exchanges with any substantial volume have us listed.

Once the Multipool starts to work its magic don't be surprised if we start getting noticed around the Crypto community. Whenever a coin is greatly undervalued it attracts traders who will push hard to have listed on one of the big three exchanges. I believe Bittrex is our best shot at this stage - they have shown a tendency to list coins in recent weeks that have strong mining support - look at all the scam coins they have listed (Conceal, VAST, Shield etc) simply because they are being mined en masse.

Do some research, have a look at the coins I listed, notice how except Karma none are even comparable to FAIL in terms of development or community outlook for the future.

Don't be surprise to see 50 Litoshi + by August. Even 1 Satoshi is a good buy for this coin right now - especially taking into account the near impossibility to mine coins by the millions now.

I suggest we rally around Swisscex at this stage and ensure the price remains on a stable incline - stability upwards is the best way to get put on those larger exchanges outside of direct action. If we can bring volume to Swisscex (great little exchange but unused mostly) perhaps they could return the favor and tweet about us or something equally beneficial.


Excited for the future and for the growth of the FAIL community in the coming weeks and months ahead! Keep making the coin known in as many forums and chatrooms as you can - remember that the No. 1 thing crypto folks go in for is a bargain!

FAIL on!

Thanks, Dan. Please keep us posted.

Sorry for lack of updates on this. I've had some personal issues that have taken most of my time recently.

We've had to disable the pool temporarily as it was using huge amounts of CPU. I think it's mainly because the database has grown so large. I'll need to either do some maintenance on the DB or move the pool to a different server - just not had the time over the last few days. Hopefully will be able to sort it within the next day or two.

I'll post back here once it's back up and running again.

Yes, he's cool - he's resolved several issues for me since I've been using the pool... 

It is not working atm, but I will talk with Danz0r (the owner of the pool). I trust him so there should be no problems imo.

Has MineP.IT FAIL pool FAILed?

We know about that issue. Max amount per transaction is 99,999,999 FAIL. We gonna discuss it with devs.

Hey Devs!

Just an issue I wanted to bring up and hopefully get sorted if that's alright.

- The current wallet seems to have problems accepting inputs and processing outputs in excess of 90,000,000 - Twice now I have bought several hundred million FAIL from Swisscex and when transferring to my local wallet it simply doesn't go through. I have had conversations with Swisscex on this issue and they said to split it up into 49,999,999 chunks until the wallet is fixed - this works but is not ideal and certainly not widely known (I had no idea before it happened to me).


Would be awesome if we could get this fixed in the next update - Would make it much easier for those buying large amounts of FAIL and help Swisscex out who are currently forced to intervene manually when people encounter this issue. Currently the withdrawal just gets stuck 'pending' if its over this limit and the Swisscex Admin has to cancel the transactions, break the amount up and send it on - Wouldn't wont them getting fed up with FAIL should many others start needing this.

Thanks!