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Author Topic: ••• [ANN][SMC] SmartCoin • KGW • Cryptsy • Reduced Block Rewards • Update your wallets • 10 EXCHANGE  (Read 298865 times)
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nyktalgia
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April 01, 2014, 02:08:19 AM
 #5181

Sweet looks like SMC is going to shit... glad I have 14K SMC.... not

UND3AD
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April 01, 2014, 04:21:31 AM
 #5182

@smartcoin how come you stopped responding to my PMs about my 45 SMC? I've replied you with all the details you asked for and have been waiting for a while now...
bentleydsv
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April 01, 2014, 05:10:04 AM
 #5183

The fate of SmartCoin will determine how safe and reliable crytocurrencies really are...
whale123
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April 01, 2014, 07:33:25 AM
 #5184

Well this is a sad day, we are losing our dev.  I can't get the new windows wallet to sync.  Has anyone got it to sync recently?  We do have a mac wallet but I don't have a mac and I'm not sure if we have a working linux wallet.  The new dev will be tasked with choosing which fork is official, this is not an easy decision.  I don't completely understand the ramifications of choosing one fork versus the other.  Someone with more knowledge than me needs to explain it to us.  I do know the following:

The old fork is on:
Current Block   132125

The new fork is on:
Current Block   134735

More blocks have been mined on the new fork.  However, the old fork is still on 64 coins/block.  After a little math:

776,000 coins will be lost if we choose the new fork

235,760 coins will be lost if we choose the old fork

There are other factors to consider such as the effect at Cryptsy.  I will admit I'm not completely sure what would happen either way.

There is no decision to make.
The official fork is the official fork.
If you have coins in your wallet you should feel safe.
If Cryptsy is on the wrong fork that's their problem.

silencesilence
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April 01, 2014, 08:38:06 AM
 #5185

can we place u (silence) in charge of finding the new dev? We need this done asap. Within the next day!!

smartcoin dev should contact - ahmedbodi / perhaps he is the new developer /?
bodenliu
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April 01, 2014, 09:18:11 AM
 #5186

to smartcoin:

You can't do this all by yourself. go talk to some dev and mkting ppl, recruit one or two, and make a change.

We invested a lot in this. I lose like 80% already. No one to blame but we believe this coin has good potential even if for the great name. We really hope to see the coin go back to alive.(yes, alive. even bump&dump is better then this situation )

halinyo
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April 01, 2014, 09:38:54 AM
 #5187

That is pity, I just dumped most of my coins on Cryptsy.
This coin is going dead and will keep doing this since nobody cares about it.
I will not look back. I am going back to the old investment of mine, NXT!

Good luck with your investment!
gavgav
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April 01, 2014, 09:44:33 AM
 #5188

can we place u (silence) in charge of finding the new dev? We need this done asap. Within the next day!!

smartcoin dev should contact - ahmedbodi / perhaps he is the new developer /?
did u email/pm ahmedbodi?? Does he know?
gavgav
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April 01, 2014, 09:49:25 AM
 #5189

Guys, I have just posted a new topic seeking a new dev... Pls help and post your support.   https://asktom.cf/index.php?topic=552816.new#new
halinyo
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April 01, 2014, 09:49:34 AM
 #5190

Well this is a sad day, we are losing our dev.  I can't get the new windows wallet to sync.  Has anyone got it to sync recently?  We do have a mac wallet but I don't have a mac and I'm not sure if we have a working linux wallet.  The new dev will be tasked with choosing which fork is official, this is not an easy decision.  I don't completely understand the ramifications of choosing one fork versus the other.  Someone with more knowledge than me needs to explain it to us.  I do know the following:

The old fork is on:
Current Block   132125

The new fork is on:
Current Block   134735

More blocks have been mined on the new fork.  However, the old fork is still on 64 coins/block.  After a little math:

776,000 coins will be lost if we choose the new fork

235,760 coins will be lost if we choose the old fork

There are other factors to consider such as the effect at Cryptsy.  I will admit I'm not completely sure what would happen either way.

There is no decision to make.
The official fork is the official fork.
If you have coins in your wallet you should feel safe.
If Cryptsy is on the wrong fork that's their problem.

also my problem.. and every other guy with smc on cryptsy..

It is also another reason why I dumped. I hope nobody loses their coins.
Good Luck.
gavgav
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April 01, 2014, 09:50:37 AM
 #5191

Guys, I have just posted a new topic seeking a new dev... Pls help and post your support.   https://asktom.cf/index.php?topic=552816.new#new
halinyo
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April 01, 2014, 09:53:35 AM
 #5192

Guys, I have just posted a new topic seeking a new dev... Pls help and post your support.   https://asktom.cf/index.php?topic=552816.new#new

It is a shame that SMC came to this point ! It is a shame of the dev, too !
smartcoin is already happy coz he already made his money and get away with it !
silencesilence
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April 01, 2014, 03:30:09 PM
 #5193

Hi
Anyone knows something about this github repo https://github.com/CryptoRepairCrew/smartcoin
someone has got busy and fix something in the code, but why did not share with us ....
Maybe soon we will have new great news?
see this
https://github.com/CryptoRepairCrew/smartcoin/commits/master
It would appear that we are going back to the old wallet fork and then forking to 16 coins/block at block 150,000.  Am I reading this correctly?  Or are these just suggested changes?

this person /ahmedbodi / should be post here, why would someone change the code and not reported it anywhere
vanderploeg
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April 01, 2014, 04:47:16 PM
 #5194

We need to come up with something big to make this even above 750 satos. again  Undecided goddamit i put a little bit to much money into this coin ...
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April 01, 2014, 05:58:42 PM
 #5195

We need to come up with something big to make this even above 750 satos. again  Undecided goddamit i put a little bit to much money into this coin ...

that would mean an over 300% increase from the current highest buy order on Poloniex (even tho the last trade there as 03/29, the coin is dead over there). On cryptsy, there is at least a little trading, but it's next to nothing, and the value is also crashing. The main problem is: Noone really knows if the coins will be on the correct fork. There was a rushed decision to create a fork with lowered block reward. But the code was just submitted, and thats it.

Before the 16 coin block reward, it was not worth mining this coin because you would lose money due to the power costs. With the reward only beeing 25% of the original reward (and price lost another 50% in the meantime)...well...you do the math.

I think the only hope for the bagholders is, that someone decides to make a quick pump & dump with this coin. That would give you the chance to give the bag to another person Tongue But I highly doubt that this coin has any future. In fact, I'm pretty sure it will soon be delisted from the exchanges because of the risk beeing on the wrong fork (which is bad for your customers), and the next to none trading volume.

silencesilence
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April 01, 2014, 06:26:09 PM
 #5196

I wrote to ahmedbodi
I hope he answer soon
smartcoin (OP)
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April 01, 2014, 07:57:07 PM
 #5197

I wrote to ahmedbodi
I hope he answer soon

I got an email from the old marketer that he is getting death threats and you and metsjtwhatever are talking about hiring hitmen.

I am not treating this as fun. If you think you can just throw that word around and our personal information and threaten to kill us I won't hesitate to call the appropriate authorities. I suggest you and metsjstl stop right now. Sure, you know our names, but stop there before it gets even worse.

Bad investments happen, I never made a promise of any potential price. I realize now I was unfit for this commitment and expectations. You guys "investing" in the coin did not invest in me, so don't call it that. You invested in the free market, some held less time and won, and some didn't including me. I have not made a single penny from SMC. In fact I'm out about 6 BTC later trying to support the price. I am a victim too, but instead I am q victim of myself.


gavgav
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April 01, 2014, 10:01:47 PM
 #5198

I wrote to ahmedbodi
I hope he answer soon

I got an email from the old marketer that he is getting death threats and you and metsjtwhatever are talking about hiring hitmen.

I am not treating this as fun. If you think you can just throw that word around and our personal information and threaten to kill us I won't hesitate to call the appropriate authorities. I suggest you and metsjstl stop right now. Sure, you know our names, but stop there before it gets even worse.

Bad investments happen, I never made a promise of any potential price. I realize now I was unfit for this commitment and expectations. You guys "investing" in the coin did not invest in me, so don't call it that. You invested in the free market, some held less time and won, and some didn't including me. I have not made a single penny from SMC. In fact I'm out about 6 BTC later trying to support the price. I am a victim too, but instead I am q victim of myself.


guys please get a life and grow up... There is no need to speak/threaten like this!                                    Will you please find the time and work hard in finding us a new dev so this coin can be revived!! That will sort a lot of this out!!
bentleydsv
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April 01, 2014, 11:28:51 PM
Last edit: April 01, 2014, 11:40:03 PM by bentleydsv
 #5199

The ex-Dev is right. Everyone must understand that investments of any kind are risky, especially with cryptocurrencies even more so. Profits are NEVER guaranteed so stop blaming the ex-Dev. Making threats won't solve anything. At the same time, these threats should not be responded with inaction just to get back at the hecklers.

I think a fair solution for everyone involved is to get SmartCoin back on track with an official fork and a working wallet, and after that the ex-Dev should not be responsible for anything. After that, at least the SmartCoin has a chance to go through free market fluctuations that anyone can take a risk buying in with.

Let's go back to the old Logo and fork if we have to. The logo wasn't that bad to begin with. The problem was the ineffective marketing. That can change with the right people getting involved.

Does that sound fair to everyone?
northranger79510
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April 01, 2014, 11:53:15 PM
 #5200

The ex-Dev is right. Everyone must understand that investments of any kind are risky, especially with cryptocurrencies even more so. Profits are NEVER guaranteed so stop blaming the ex-Dev. Making threats won't solve anything. At the same time, these threats should not be responded with inaction just to get back at the hecklers.

I think a fair solution for everyone involved is to get SmartCoin back on track with an official fork and a working wallet, and after that the ex-Dev should not be responsible for anything. After that, at least the SmartCoin has a chance to go through free market fluctuations that anyone can take a risk buying in with.

Let's go back to the old Logo and fork if we have to. The logo wasn't that bad to begin with. The problem was the ineffective marketing. That can change with the right people getting involved.

Does that sound fair to everyone?

Even though most of what you say are true, the dev. does have a responsibility to find someone to replace him when he quits... he can't just stand up and walk out when he feels like it. That's very irresponsible. At the same time, I feel for the dev. because he does have a lot of responsibilities. But he shouldn't start what he can't finish.

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