Today's news (IMO) July 31, 2013 | Bitcointalksearch.org

sunsofdust

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Quote from: barwizi on July 31, 2013, 10:21:50 AM

Business News

Coinwarz has been causing miner confusion today as it has been reporting incorrect prices for cryptsy traded coins. User root1484 @ cryptsy was the first to notice.

The downward spiral of Alts has continued with many bag holders lamenting the high rates at which they bought coins, anticipating exactly what ...we do not know.

Recently Erundook has opened his new trading platform to open beta, again user root1484 was first on the scene. We'll be keeping you informed on user ratings.

Looks like Coinwarz has fixed the issue with exchange rates from the Cryptsy API. Here is a quote from their twitter feed.

Quote

Fixed Cryptsy API buy order issue for buys with 0 quantity, which was impacting the Exchange rate displayed for Fastcoin and a few others.

https://twitter.com/CoinWarz

philipkdick

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Quote from: jackjack on July 31, 2013, 11:15:37 AM

Make a website

I have secured the gmail [email protected], and i was going to do a similar thing , except focus more on economics of the positives, but everyone loves dirt , that's why i like this also.

you should call it "bottom of the barrel news" - or "the dump report"

i like "The Dump Report"

sums it up for me.

what about "error log Dump report"

if you want it a bit more spun .

Lauda

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Terminated.

Quote from: emunebtk on July 31, 2013, 04:30:20 PM

oh wait! Bestcoin launched today as well..another new crappy coin..woot! :/ https://bitcointalksearch.org/topic/ann-new-crypto-currency-bestcoin-265505

Yeah another shitcoin..

emunebtk

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oh wait! Bestcoin launched today as well..another new crappy coin..woot! :/ https://bitcointalksearch.org/topic/ann-new-crypto-currency-bestcoin-265505

PoolMinor

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XXXVII Fnord is toast without bread

Quote from: kimosan on July 31, 2013, 03:22:37 PM

Quote from: PoolMinor on July 31, 2013, 02:09:58 PM

Quote from: emdes on July 31, 2013, 01:34:11 PM

https://cryptocointalk.com/topic/927-orbitcoin-orb-official-release-thread/ Grin

Should we worry about 1 million premined? Also is there some sort of info on subsidy halving in Huh

years. If the coin only produces 700 coins a day then the devs have ~4 years of coins already! LOL ORBCOIN!!

You forgot,

"- mining halves every year"

Do they mean coins produced will be halved? If so, did any of them bother to do the math on that? Roll Eyes

EDIT: Block Reward = 0.25 per block, halves yearly
Yep.

So, roughly 250k coins first year, 125k the next, 62k, 31k, 15k etc... that's only the first 5 years, how long to reach that ridiculous premine? Is 31 mil total even possible.

Maybe my simple math is off.

News post was a fun read.

Sorry, I guess I was so dumbfounded after reading the top of the post I forgot to scroll down further. My mistake.

barwizi

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Quote from: FiiNALiZE on July 31, 2013, 03:26:10 PM

Quote from: barwizi on July 31, 2013, 10:21:50 AM

Main News

Accusations have been running wild about a possible instamine at the launch of Worldcoin, the outrage by junior members who seem to have joined the community 2 months late has perplexed users of the coin.

User r3wt has witten a long apology letter to the community over the recent Gascoin scandal in which he apparently hid a premine and the delivered a faulty product...r3wt you villian. However some have rejoiced at the fact that this may discourage mos of the new comers hoping to make a quick buck.

In a record breaking discovery....I have not noticed any new Launches today, could the storm finally be over?

lol the instamine isn't exactly news worthy. Most coins that were launched in the past few months were instamined by GPU farms at launch; Worldcoin is no different.

FiiNALiZE

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CryptoTalk.Org - Get Paid for every Post!

Quote from: barwizi on July 31, 2013, 10:21:50 AM

Main News

Accusations have been running wild about a possible instamine at the launch of Worldcoin, the outrage by junior members who seem to have joined the community 2 months late has perplexed users of the coin.

User r3wt has witten a long apology letter to the community over the recent Gascoin scandal in which he apparently hid a premine and the delivered a faulty product...r3wt you villian. However some have rejoiced at the fact that this may discourage mos of the new comers hoping to make a quick buck.

In a record breaking discovery....I have not noticed any new Launches today, could the storm finally be over?

lol the instamine isn't exactly news worthy. Most coins that were launched in the past few months were instamined by GPU farms at launch; Worldcoin is no different.

Lauda

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Activity: 2674

Merit: 2965

Terminated.

Quote from: barwizi on July 31, 2013, 10:21:50 AM

Trending

Recent rumors have suggested that Shitcoin devs have resorted to launching their coins on little known sites to enable "in the know" premines. Earlier today I heard of a ORB coin but a search of the forum yielded no results. Could this be becoming a trend?

ORB or Orbitcoin, has been launched in a smaller forum and has 4 years (without the halving according to some users @cryptsy) worth of premine. Yeah it's certainly not a scamcoin.

kimosan

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Activity: 644

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Quote from: PoolMinor on July 31, 2013, 02:09:58 PM

Quote from: emdes on July 31, 2013, 01:34:11 PM

https://cryptocointalk.com/topic/927-orbitcoin-orb-official-release-thread/ Grin

Should we worry about 1 million premined? Also is there some sort of info on subsidy halving in Huh

years. If the coin only produces 700 coins a day then the devs have ~4 years of coins already! LOL ORBCOIN!!

You forgot,

"- mining halves every year"

Do they mean coins produced will be halved? If so, did any of them bother to do the math on that? Roll Eyes

EDIT: Block Reward = 0.25 per block, halves yearly
Yep.

So, roughly 250k coins first year, 125k the next, 62k, 31k, 15k etc... that's only the first 5 years, how long to reach that ridiculous premine? Is 31 mil total even possible.

Maybe my simple math is off.

News post was a fun read.

PoolMinor

legendary

Activity: 1843

Merit: 1338

XXXVII Fnord is toast without bread

Quote from: emdes on July 31, 2013, 01:34:11 PM

https://cryptocointalk.com/topic/927-orbitcoin-orb-official-release-thread/ Grin

Careful their website is quote- Orbitcoin.org is under contrution - Yes they were in such a hurry that they missed 2 letters in the word "construction"

Should we worry about 1 million premined? Also is there some sort of info on subsidy halving in Huh

years. If the coin only produces 700 coins a day then the devs have ~4 years of coins already! LOL ORBCOIN!!

emdes

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Activity: 159

Merit: 100

https://cryptocointalk.com/topic/927-orbitcoin-orb-official-release-thread/ Grin

dudeami

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Activity: 126

Merit: 100

Quote from: ohiwastedmylif on July 31, 2013, 12:52:11 PM

You missed Orbitcoin it launched this morning.

Quote from: barwizi on July 31, 2013, 10:59:35 AM

Breaking news

i spoke too soon Lips sealed

Despite the silent launch, Orbitcoin appears to have gained a lot of attention from cryptsy chatters. It already claims a 17mh rate at block 600

ohiwastedmylif

member

Activity: 98

Merit: 10

Quote from: barwizi on July 31, 2013, 10:21:50 AM

Main News

Accusations have been running wild about a possible instamine at the launch of Worldcoin, the outrage by junior members who seem to have joined the community 2 months late has perplexed users of the coin.

User r3wt has witten a long apology letter to the community over the recent Gascoin scandal in which he apparently hid a premine and the delivered a faulty product...r3wt you villian. However some have rejoiced at the fact that this may discourage mos of the new comers hoping to make a quick buck.

In a record breaking discovery....I have not noticed any new Launches today, could the storm finally be over?

Business News

Coinwarz has been causing miner confusion today as it has been reporting incorrect prices for cryptsy traded coins. User root1484 @ cryptsy was the first to notice.

The downward spiral of Alts has continued with many bag holders lamenting the high rates at which they bought coins, anticipating exactly what ...we do not know.

Recently Erundook has opened his new trading platform to open beta, again user root1484 was first on the scene. We'll be keeping you informed on user ratings.

Sports News

The war between IGotspots and Vlad2vlad has simmered down of late as most have taken their focus to the Gascoin incident, this has left forum users bored, holding popcorn with nothing to watch.

Trending

Recent rumors have suggested that Shitcoin devs have resorted to launching their coins on little known sites to enable "in the know" premines. Earlier today I heard of a ORB coin but a search of the forum yielded no results. Could this be becoming a trend?

A recent posting of a supposed scrypt ASIC has left members either dumbfounded or hysterically laughing at the very poorly attempted scam, the User uploaded a link to a site. The images there show a coolermaster case and claimed these specs 500 Watt PSU pushing 50,000 Kh/s avg

Weather Report

Today we enjoyed sunny weather with no downpours of shitcoins, miners and traders were seen in chat boxes and generally having a good time. Tommorrows forecast looks bleak as scammers will be taking advantage of the void.

You missed Orbitcoin it launched this morning.

gica_contra

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Activity: 350

Merit: 250

Quote from: barwizi on July 31, 2013, 10:21:50 AM

Main News

In a record breaking discovery....I have not noticed any new Launches today, could the storm finally be over?

or maybe the perfect storm is still brewing? probably most have realized that the time of pump and dump coins has passed. CNC was probably the last big one.

dudeami

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Activity: 126

Merit: 100