Sunday, December 29, 2013

CraftCoin

Basic Info


Launched: June 5, 2013

By: Blind Folded (a username on bitcointalk)

Type: POW Scrypt

Supply: 100 million

Speed: 5 minutes

Retarget: 288 blocks (1 day)Checks 4 days into history for target setting

Reward: 10 CRC

Reduction:

Premined: 1000 blocks

Fees:

Website: http://craftcoin.net/

Source: https://github.com/craftcoin/craftcoin

Summary


CraftCoin (CRC) is a cryptocurrency based on Litecoin. CraftCoin was designed to be a portable in-game currency for Minecraft servers. The currency is used to buy in-game items on minecraft servers, and can be instantly transferred to any other Minecraft server that supports CraftCoin. Best of all it is absolutely free for anybody to use for private and commercial use.

Help Get Craftcoin Moving: P2Pool Mining Pool at TreasureQuarry. USA server. 1% Lets help get CraftCoin moving. Recently this promising little coin was the subject of a massive sudden increase followed by a sudden decrease in hashing power (probably an attack), which had left the whole Craftcoin network temporarily crawling at a very slow pace of block production. The Craftcoin code has been updated now to get the coin moving again, and TreasureQuarry’s pool is using the new Craftcoin code, so let’s pool our resources and help get things back on track.

News


Announcement: https://bitcointalk.org/index.php?topic=250343.0;all

Information: http://craftcoin.org/

News


Announcement: https://bitcointalk.org/index.php?topic=250343.0;all

Information: http://craftcoin.org/

Websites


Main Site: http://craftcoin.net/

Wallets

Craftcoin http://craftcoin.net/download.html

Exchanges

Only a few major ones are listed here.

Cryptsy: http://cryptsy.com/


Coins-e:http://coins-e.com/


Bter: http://bter.com/

Charts

Criptovalute: http://www.criptovalute.it/craftcoin Altcha: http://altcha.in/chain/Craftcoin

Explorers

CRC Explorer: http://crc.cryptocoinexplorer.com/

Pools

Only a few major ones are listed here.

Cloudapp: http://crcpool.cloudapp.net:8830/static/

EPools: https://crc.epools.org/

Scryptmining: http://crc.scryptmining.com/

Cryptocoin Mine: http://crc.cryptocoinmine.com/

Coinmine: http://crc.coinmine.pl/index.php

Forums

Spout: http://forums.spout.org/threads/introducing-craftcoin.7688/

Minecraft Forum: http://www.minecraftforum.net/topic/1878655-ann-craftcoin-minecraft-economy-portable-game-currency/

Wiki

Wikipedia:

Wiki:

Merchants


Only a few major ones are listed here.

Reddit: http://www.reddit.com/r/craftcoin



source: http://coinwik.org/CraftCoin



Thursday, December 26, 2013

CasinoCoin

Basic Info


Launched: July 18, 2013

By: Jimmy

Type: POW Scrypt

Supply: 336 million

Speed: 30 seconds

Retarget: 720 blocks

Reward: 50 initially

Reduction: 50% every 3,153,600 blocks (3 years)

Premined: 0

Fees:

Website: http://casinoco.in/

Source:

Summary


Casinocoin (CSC) is an open source, peer-to-peer digital currency specifically designed for online casino gaming. NEW [CSC] Casinocoin P2pool with a custom front end and a 1% fee. The site is very user friendly with no user sign up required, this allows direct wallet mining without risk of losing your coins to server downtime.

We also much support Doge/Grandcoin, but it is not up atm. In the future we are planning on expanding to a vast majority of ALT coins.

Why you should choose Casinocoin (CSC):

Very clean and professional bootstrap layout

User friendly learning tab and guides

Links/instructions to four different supported mining software programs.

24/7 Live website Chat/Email – Support.Bigcryptopool.com

Helpful Links/website suggestion tab (coinwarz etc.)


Since April 15th, 2011, a day dubbed as ‘Black Friday’ by the online gaming community, it has become increasingly difficult to deposit funds for online casino gaming due to deposit restrictions between centralized financial institutions and online casino platforms. Avid online players have since not been able to enjoy the same conveniences and the ease of accessibility that they were once afforded. Those days are no more with the advent of CasinoCoin.

As a decentralized crypto currency, CasinoCoin offers the solution to help fill this void. Consider CasinoCoin as a universal casino chip that is easily transferable between online casino gaming applications, exchanges and peers. Imagine using CasinoCoin at your favorite online poker sites, then instantly transfer your winnings over to your favorite online casino to play Blackjack. How about a friendly wager over a game of chess? This is all possible with CasinoCoin.

CasinoCoin is an open source, peer-to-peer digital currency specifically designed for online casino gaming. It is a platform independent crypto currency that is easily transferable between gaming applications, exchanges and peers. CasinoCoin can simply be summed up as universal casino chips.

By itself, CasinoCoin has no value. Within casino gaming applications, it can be used to play games of skill and chance. On the exchanges, CasinoCoin is worth what the market values it at and it can be bought, sold and exchanged to fiat currencies such as US dollars or exchanged to other crypto currencies such as Bitcoin.

CasinoCoin is based on the strengths of crypto currency protocols such as Bitcoin, Litecoin, Feathercoin and digitalcoin, giving it a second movers advantage. It leverages the security of Bitcoin, the accessibility of Litecoin, the abundance of Feathercoin, and the speed of digitalcoin. While CasinoCoin can be used as a general purpose currency, it serves a specific purpose and is marketed exclusively for online casino gaming and rewards redemption.

Central to the goal of CasinoCoin is to help make online casino gaming accessible to all by removing barriers. The success and strength of CasinoCoin rely on three main pillars: active and talented developers, fostering community, and trust through transparency.

Get active! Join the CasinoCoin community by visiting the links below.

News


Press: http://casinoco.in/presskit

Announcement: https://bitcointalk.org/index.php?topic=258090.0

Websites


Main Site: http://casinoco.in/

Wallets

Github https://github.com/transcoder/CasinoCoin

Exchanges

Only a few major ones are listed here.

Cryptsy: http://cryptsy.com/


Coins-e:http://coins-e.com/


Bter: http://bter.com/

Charts

Cryptocoincharts: http://www.cryptocoincharts.info/#jump-csc-btc

Coinchoose: http://www.coinchoose.com/

Coin Marketcap: http://www.coinmarketcap.com/

Explorers

BlockExplorer: http://casinocoin.blockexplore.com/

Altchain: http://altcha.in/chain/CasinoCoin

Pools

Only a few major ones are listed here.

CSC Coinworld: http://csc.coinworld.us/

CSC Botpool: http://csc.botpool.net/

CSC Scryptmining: http://csc.scryptmining.com/

CSC XPool: http://csc.xpool.net:8840/


http://bigcryptopool.com


Forums

Casinocoin: http://forum.casinoco.in/

Wiki

Wikipedia:

Wiki:

Merchants


Only a few major ones are listed here.

Bitgrenade: http://www.bitgrenade.net/?coin_display=12

Crypto Blackjack: http://cryptoblackjack.kicks-ass.net/index.php?coin_type=25

Lotto Coinworld: http://lotto.coinworld.us/CSC/



source: http://coinwik.org/CasinoCoin



Wednesday, December 25, 2013

Scam Alert: Earthcoin

Earthcoin is another one of those crapcoins with some minor tweak that tries to pass itself off as a gamechanger.


In this case, a slightly fluctuating block reward, supposedly in accordance with earth’s rotation, is this coin’s ‘killer feature’. Is this really what catches the altcoin scene’s attention now? Gimmicky block reward mechanisms? A 58 page forum thread would make it appear that way.


Earthcoin is being promoted heavily by a lot of sockpuppet accounts with <30 activity rating. This immediately throws up a bunch of red flags, and is always indicative of something shady going on. So, I began to search for a motive. Tucked neatly away in the the main post is this little gem: “Premined 2% for promotions, giveaway, bounties, dev and long term support.” With a total of 13,500,000,000 coins, that makes this ’2%’ premine consist of a whopping 270,000,000 coins. Earthcoin also had superblocks, making it not only massively premined, but instamined as well. What a winner of a coin!


If history has taught us anything, these premined coins are not going to be used for their stated purpose. They are going to be dumped onto anyone who’s foolish enough buy them. There is nothing unique or exciting about Earthcoin. It’s just another pathetic attempt to fleece people of their money.



source: http://cryptolife.net/scam-alert-earthcoin/



MemeCoin

Basic Info


Launched: May 27, 2013

By: MuddaFudda (a username on bitcointalk.org)

Type: POW Scrypt

Supply: 2.0×10^8; or 9.5 x supply of BTC

Speed: 30 seconds

Retarget: Every 600 blocks (or 5 hours)

Reward: 3-5000 @ 500 Coins Per Block: 5000-10000 @ 250 Coins Per Block; >10000 @ 100 Coins Per Block

Reduction: The payout will be halved every year

Premined: 0

Fees: 0.01 MEM per transaction

Website: http://memecoin.org/

Source:

Summary



Memecoin is an alternate virtual cryptocurrency made for users to share, mine and trade. Approx 200 million Memecoins will be created; 100m coins made in the first year, 50m coins made in the second year, 25m coins made in the third year continuing down in 1/2 subsidies yearly. Block times are targeted at 30 seconds with difficulty increasing every 600 blocks (5Hrs). Confirms every 25 blocks.

News


June 25, 2013 – New Client Update- Stability fixes – http://memecoin.org/memecoin/ann-memecoin-client-update-6-26-13-0

June 7, 2013 – MemeCoin added on Cryptsy – https://www.cryptsy.com/markets/view/41

May 27, 2013 – Official MemeCoin announcement: https://bitcointalk.org/index.php?topic=217526.0

Websites


Main Site: http://memecoin.org/

Wallets

MemeCoin QT Client: http://www.mediafire.com/download/rdfbd3h1br3yod3/memecoin-qt.zip

Exchanges

Only a few major ones are listed here.

Cryptsy: http://cryptsy.com/


Coins-e:http://coins-e.com/


Bter: http://bter.com/

Charts

CryptoCoin Charts: http://www.cryptocoincharts.info/v2/pair/mem/ltc/cryptsy/10-days

Explorers

P2Pool Memecoin Explorer: http://mem.p2pool.nl/chain/Memecoin?count=2016&hi=5486

Pools

MemeCoin Pool: http://meme.ub3rl33t.com/

Mining Foreman: http://mem.mining-foreman.org/

Alternate Pool: http://www.alternatepool.com/

Forums

MemeCoin Forum: http://memecoin.org/forum

Facebook: https://www.facebook.com/memecoins

Wiki

MemeCoin Wiki: http://en.wikipedia.org/wiki/Memecoin



source: http://coinwik.org/MemeCoin



Monday, December 23, 2013

Who the hell is buying DogeCoin

Here’s an article I didn’t think I’d have to see myself doing, yet here we are.


DogeCoin, the silliest coin to ever pierce the 10m market cap barrier. It will go down in crypto history as one of the most successful (and ridiculous) pump and dumps. Where do I even start with this?


Due to the silly nature of the coin, no one took it seriously, so the hashrate was extremely low during the first few days. DOGE ownership is extremely disproportional because of this, with the early few miners (or diggers, as they call them) holding the lion’s share of DOGE. No doubt they’re furiously trying to offload as much as possible while this coin is still hot.


DogeCoin reeks of developer incompetence as well. Not even 2 weeks after release, and it is already on version 1.2, with 33 commits on github. How is it even possible to screw up so many things in a simple litecoin clone?


The current difficulty scaling system this coin employs (400% in either direction) makes it a perfect candidate to get raped by multipools, so expect a hardfork soon. Total amateur job. DogeCoin is better suited to be the subject matter of a book called Baby’s First AltCoin than anything else.


DOGE is down over 50% from its high, but still has plenty of room to fall further. Can anyone honestly look at this coin and say it has a future? Yeah, it’s cute, it’s funny, but it admittedly doesn’t take itself seriously, and has no appeal to anyone over the age of 25. Like all memes, DogeCoin will eventually die off. That is an inevitable fact. Try not to be a bagholder when that happens.



source: http://cryptolife.net/who-the-hell-is-buying-dogecoin/



Sunday, December 22, 2013

BTC China Halts CNY Deposits

Bitcoin markets have been roiled dramatically in the past two weeks by actions of the PBOC.


Initial notice on December 5 stating that financial institutions would not be allowed to transact in bitcoin were followed by rumors that payment processors would no longer be able to serve bitcoin exchanges, which have since been validated. The result has been not only a dramatic drop in exchange rates – from $650 to as low as $400 earlier today – but also an historic spread between USD and CNY markets, reaching upwards of 30% this morning.


This morning, BTC China and OKCoin temporarily suspended CNY deposits, while still allowing CNY withdrawals and two-way flow of bitcoin.


“Dear BTC China valued customer: Due to new government regulations, BTC China will temporarily suspend CNY deposits. BTC deposits/withdrawals and CNY withdrawals are not affected, and will continue to operate in the interim. Rest assure that BTC China will continue to operate normally. Please pay attention to our notices for updates, as we find other ways to allow for CNY deposits. We deeply apologize for any inconvenience. BTC China, December 18, 2013″


In doing so, the technical bid has been pulled from the market, enabling only single-directional trading for new money entering the exchanges, wherein people can effectively only sell bitcoin. The result has become a significantly disjointed market across currencies.


As we pointed out yesterday when noticing an 9% discount between CNY and USD markets, relative to the ~5% historically, “If the rumors [about payment processors] turn out to be unfounded, the discount of CNY markets relative to USD would likely trend closer the norm.” The rumors turned out to be true, leading the converse to occur, with trading at $431 (equivalent) on BTC China and $545 on Bitstamp and – a 29% discount.


cnyusd spread


The situation at hand is the inverse of what has been playing out over recent months with Mt. Gox, the previous global leader in bitcoin exchange volume. As the company suspended withdrawals due to a series of banking issues, XBT / USD rates on their exchange climbed to a notable premium relative to other exchanges. With CNY deposits halted for BTC China, it’s not surprising to see the significant discount. Like the Mt. Gox scenario, arbitrage across exchanges is difficult to realize regardless of the price differential as a result of the capital flow restrictions.


Those restrictions, on top of the recently reinstated fees on the leading CNY exchanges have also dramatically impacted the distribution of global trading volume. As we noted yesterday, “[December 16] was one of the few days in the past six weeks where USD volume outpaced CNY.” Now with additional data points to consider, a trend indicating CNY’s decreasing relevance on the global stage is already beginning to emerge.



source: http://thegenesisblock.com/btc-china-halts-cny-deposits-cny-usd-spread-climbs-30-cny-volume-drops/



Exposing the WorldCoin

Since worldcoin (WDC) was just added to BTC38, what better time to do it than now?


Like all great coins, WorldCoin had nicely sized premine and instamine associated with it. Let’s take a look:


Click to Enlarge

You can see the very small premine during hours 1-4 which was intended to mask the much larger premine that occured during hours 45-47, during which time approximately 200k WDC were minted, with a network hashrate of only 3.5MHash. Hours 47-53 represents the instamine, with an additional 200k WDC were created. All told, 400k WDC were premined/instamined.


As damning as that may be, this article would be pretty boring if that’s all I had to say about worldcoin, so let’s get to the juicy stuff. I have a contact who was affiliated with the worldcoin inner circle, so I know a great deal about how they operate. Since it’s inception, those behind worldcoin have been more interested with price manipulation than coin development. Worldcoin exists only as a medium for them to extract money out of those foolish enough to buy into the web of lies they weave.


Where do I begin? Let’s start with The United Open Currency Solutions (UNOCS), a collaboration initiative between worldcoin and two of the most notorious scamcoins of the time, phenixcoin and feathercoin. Using silly terms like “CEO of worldcoin” and “CIO of feathercoin” in their press release, UNOCS amounted to one of the most pathetic and transparent pump and dump schemes in recent times, yet people still managed to fall for it.


The price of these coins surged by 100% on this news, and the FTC/PXC/WDC insiders proceeded to dump their stash onto the market, making a nice profit. Unsurprisingly, UNOCS fell apart 2 months later, but that didn’t matter. While UNOCS itself was a failure, the pump and dump was a great success.


Now that the worldcoin insiders had dumped their coins onto the market, they needed to restock before their next pump and dump scheme. So, for the next 6 weeks, they put their marketing efforts on hold, letting the price of the coin bottom out so they could refill their reserves. This is reflected in how dead the worldcoin thread was – it would often go a week without a new post. After acquiring a suitable amount of coins, it was primetime to launch the next scheme…


Enter Scharmbeck, a teaser site with no real info claiming to be launching USD->WDC services. Presented as a “prime investing opportunity” and having the gall to compare itself to companies like JP Morgan, Scharmbeck appears to be all fluff and no substance, much like UNOCS was. When confronted, they point to their LLC status as proof of legitimacy… To which I say: good job, you figured out how to place an order on legalzoom.com


Will Scharmbeck come to fruition? Possibly. But given worldcoin’s history, I wouldn’t bet on it. One other thing worth mentioning is that given the amount of insider trading and pump and dumps they’ve done, they’re playing a dangerous game should it actually go live. I’m intrigued to see how this plays out, either way.



source: http://cryptolife.net/exposing-the-worldcoin-scam/