General

GorillaTeeth coin (TEETH) releases new wallet on 6/5/15. Its V4.04. Mandatory update before block 26,000 (VERY SOON).

  Changelog: Just a couple small changes here since I have been watching a few people trying to game the system on the explorer. These couple changes will make it much harder (and less worthwhile) to do than before. The effective stake rate remains unchanged; the only difference is the ratio of low to high blocks, which is changing from 2:100 to 2:10, with the Stake Rate adjusted accordingly Bonus Blocks Changed from 6480% to 648% Bonus Blocks come 2 per 10, rather than 2 per 100 Ensures a smoother network stake weight Download Windows Wallet here: V4.04 dated 6/5/15

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Coinbase ceases operations!! I hope you didnt have any money in there! EEEKI!!!

Guys ive said it many many times, NEVER , EVER , EVER give your bitcoin/cryptocoin to another person or entity to hold. THERE IS NO REASON AT ALL FOR ANYONE ELSE TO HOLD YOUR FUNDS!!!  If some other person or company is holding your virtual currency, its just a matter of time before you lose it. These companies close their doors in a millisecond before you have even realized what has happened, and there is NO LAWS protecting your money!! FDIC DOES NOT APPLY TO BITCOIN!!!  Anyway here is what happened: Coinbase Suspends Operations in Wyoming: San Francisco-based bitcoin company Coinbase has suspended operations in Wyoming until further notice. A company blog post cited the Wyoming Division of Banking’s recent regulatory legislation as a decisive factor for ceasing business in the western US state, noting it would render continued operations impractical. “We understand that the Wyoming Division of Banking interprets the Wyoming Money Transmitter Act to require licensure of entities which offer hosted bitcoin wallet services, and that as a condition of such licensure, licensees must maintain dedicated fiat currency reserves in amount equal to aggregate face value of all bitcoin held on behalf of customers,” noted the post. Coinbase said it would be impractical, costly and inefficient for the company to establish a redundant reserve of fiat currency in equivalent value. “We understand this suspension will inconvenience our Wyoming customers and we apologise that we cannot currently project if or when our services may be restored,” it concluded. CoinbaseUS” So they are off to Fiji with your bitcoin. Find them on the beach with a 10FT margarita!

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The state of Crypto and what to do. June 2015. How to trade cryptocurrency.

So Ive been watching the trend very closely over the past month, and there certainly is a pattern in the crypto community. If you dont know how to navigate it, your going to get burned. If you know whats going on and what will very likely happen, youll profit! Im going to go into detail and show graphs, but at the same time , keeping it simple for everyone. If your as dumb as a bag of rocks like me , youll need pictures.  First let me throw some disclaimers out. First I am not a financial advisor, im a cryptoaddict. This is for entertainment purposes only. I am not responsible for your loses, only your gains. Ok, with that out of the way lets roll: My focus is all the new coin releases, and what to do about them. First:  Do not , EVER , EVER invest in an ICO, you WILL lose 100% of the time.  If your going to invest in an ico, lets make your loss faster and just send the money to me. If you EVER see me post a coin that is ICO only, its means im dead. I usually post a coin that is out of ICO stage and now in the pow phase. BIG difference. I purposefully wait until ICO is over and POW has started to make every effort to prevent you from sending your money to China. Moving on. So this might surprise you , but there probably is 1 team of a few devs making most of these coins. I wont reveal how I know, but Ive looked at it carefully and im convinced I see a “signature pattern” on each coin, and its identical every time. Not to say there are a few other newb devs making new coins , but the bulk of the new ones Im convinced is made by 1 team out of China that works around the clock in a sweat shop. Ok. Moving on to what you need to know. The pattern. This is more about the actions of the investors and miners and not the devs, but was caused by the devs repeated patterns. Let me explain. It starts by the dev making the coins. Dev releases nice looking Ann with pretty road maps, and pretty graphics and all the specs. The miner looks and goes wow, this one is going to be really worth something, those pretty graphics tell me so. The miner mines throughout the POW phase, and then the pow phase ends and POS stage begins. By this time the same dev has abandoned this coin, and has already released 3 more new coins. Veteran crypto traders know this. This is how this pattern was created. Here is the critical part.   The POS rewards are simply a way to prevent you from dumping your coins , while others do. The logic is , if you know in the next few weeks youll be receiving all these coins and using near no electricity to obtain them, of course youll keep your coins, because you just checked the price at the end of pow, and your really happy , and you cant wait to get more of these coins. Guys, THAT is the trap. What miners are doing is dumping their coins at/or near the end of POW, they DO NOT wait and get the POS rewards, because they know that once POS starts, the price will continue to go down fast. Im going to post charts to prove what Im saying. The short of it, dump your coins just before pow ends, do NOT wait until POS starts. PRICE ALWAYS trumps QUANTITY : REMEMBER THAT!! Price of new coins is ALWAYS the highest when they very first hit the exchange , example hour 1 , and continue to decline,  and the LOWEST at the END OF POS (Im using POS 2.0 with flat POS rewards as example). Anyway on with my proof: Lets look at StealthCash: The very first POS reward was on May 22nd 1pm at block 2501. This coin was listed on C-cex on  May 21st. Notice the highest price was when it was still in pow on May 21st 2015. The highest price ever was 6489 sats on May 21st 2015 (still in pow). Its hard to see on pic, but your welcome to visit the chart and double check my work : https://c-cex.com/?p=stx-btc also I used the stealthcash block explorer to find out the date of the very first POS reward block # 2501 using : http://explorer.stealthcash.info:9158/ just type in the block # 2501 in the box and it will give you the date and time issued. Here is the chart: (Click to enlarge)   POS rewards start within less than a day of getting listed. Nuff said. (There was a small recovery, but price NEVER exceeded the highest price while in pow at 6489 sats. It was all downhill and fast after the small recovery. I repeat: Price of new coins is ALWAYS the highest when they very first hit the exchange , example hour 1 , and continue to decline,  and the LOWEST at the END OF POS  ’nuff said. Moving on. BananaBits Coin (Nanas):   My theory is: As soon as a coin hits POS the price crashes. There is a twist to this coin as POS rewards starts at BLOCK 0 . Yes, you read that correct. Even under this condition my theory held true, because this coin was in POS when it hit the exchange, and therefore was an instant massive dump when it listed. Price of new coins is ALWAYS the highest when they very first hit the exchange , example hour 1 , and continue to decline,  and the LOWEST at the END OF POS (Click to enlarge):       Graph Coin (GPH): This one held on a little longer as it had a very active dev that kept updating the wallets and putting out beautiful roadmaps, BUT in the end my theory still holds true: Price of new coins is ALWAYS the highest when they very first hit the exchange , example hour 1 , and continue to decline,  and the LOWEST at the END OF POS. Here is the “Graph”. Keeping my theory true: A nice price when it hits the exchange , and nasty crash at the end. I left the best for last: Greed coin (GREED): This one actually proves 2 theories. My own theory: Price of new coins is ALWAYS the highest when they very first hit the exchange , example hour 1 , and continue to decline,  and the LOWEST at the END OF POS. Also, greedy people get what they deserve, and givers gain.  The very first day this hit the exchange this coin sold for .06 BTC per coin!! So there it is. I wanted to gift my readers with this information, that is found no where else but here.  I could go on and on with other examples, but I feel Ive made my point, and you can do your own examples and see there really is a pattern. Now , once in a blue moon, there really will be a coin that will go for a few dollars each, BUT that is <1% of coins released. What Im saying is if you dump all your coins when it hits the exchange, overall youll profit more than if you held all your coins through POS until they are worthless, and when that day comes when that special coin hits $6 a coin and you sold it right away, remember that you made profit every time from the other 99% of the rest of your coins you sold right away. Vegas out.

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Pentacoin releases wallet v1.2.0 with fresh addnodes. Mandatory update!

  Just released wallet v1.2.0 (Click windows logo below) Fresh addnodes. (pentacoin.conf) addnode=68.224.26.233:59095 addnode=148.251.41.117:42033 addnode=82.149.20.231:54286 addnode=75.130.163.51:62170 addnode=75.130.163.51:50374 addnode=82.149.20.231:56242 addnode=151.237.134.90:59009 addnode=195.154.146.221:48175 addnode=193.219.117.1:26268 addnode=69.204.47.238:53099 addnode=189.208.153.155:49774 addnode=189.208.153.155:49923 addnode=104.236.199.148:25631 addnode=193.219.117.63:25631 addnode=82.149.20.231:51478 addnode=189.208.153.155:52238

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Comkort exchange to close its doors forever :(

Dear Users, Regretfully we have to inform you that Comkort exchange is ceasing operation. Throughout the whole term of our existence we have strived to deliver an the best possible service for profitable cryptocurrency trading. And yet, the time has come to terminate our service. In light of these event ALL users have to withdraw their funds before July 19th, 2015 inclusively. July 20th, 2015 we will suspend servers which will deactivate all the wallets and all further withdrawals will be technically impossible. Trading will be stopped July 1st, 2015 at 18:00 GMT. All active orders will be cancelled. We kindly ask you to help us spread the news by retweeting our tweet and by simply sharing the news, since it will greatly facilitate the transition process. We thank all of you, who has been with us these past years. We learned through our project, which would not have existed without your support. The reason for closing is quite simple – the exchange has not been profitable. And NO – we will not sell the source code ) Withdraw and possible issues During withdraw you can get error. Don’t panic. Just let us know creating support ticket and we will fix it. We wish you all best of luck.

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IVUGEO COIN – PONZI GAME. Gawd I love Crypto ;)

Im often asked whats the big deal about Crypto. My answer in the past has always been, you get a magic money making machine in your backyard/basement that makes money 24/7 without human interaction. My wife was sad when I chopped down our invisible money tree in our back yard, and replaced it with these obnoxiously loud and high heat generating steel “thingies”. She seems to like the new “money tree” better. It just took her time to adjust. Anyway , heres where Im going with this: The next time someone asks me “So, whats so special about crypto?”, I will tell them “Its the only thing you can get involved with were the scammers are going to tell you in advance that they are going to scam you , and youll be dumb enough to do it anyway”. In my search through the cryptolandfill called Bitcointalk.org, I found this gem, and just had to share it. If your dumb enough to try it, please post publicly, so we can all laugh at you together. First here is the link youll need to make a fool of yourself : http://www.iecstreak.eu/   When asked “Why I do Crypto?”, its “For the love of the game”.  

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MMXIV coin / Maieuticoin gets wallet update to 4.04 on 6/2/15 from Dev “IgotSpots”

Dev IgotSpots just released a major update to MMXIV coin. Download link here for windows: Details of changes: The update everyone has been waiting for.. MMXIV 4.0.4! There are a few changes in this coin that are worth mentioning, so please take a minute to read through this so you understand what is happening. So without further delay.. General Update Details Some of you know why, some don’t. If you remember the 9 day period for BALLS, changing timstamps will ensure that never happens with MMXIV. The GUI has also been updated for 4.0.4 – I know, Mac icons don’t line up perfectly, but that’s because you’re missing the Trade tab. Coin control was going to be included, but was scrapped last minute as I was not happy with the results; it will return soon with a more detailed system of managing your funds. We have also set up two pro files for easy compiling on the Pi or other ARM systems that use Qt4 – More instructions will come later for an easy way of choosing with version of Qt to use Staking MMXIV now has a Hybrid Staking system, meaning that half the blocks will use the conventional staking system, while the other half will use the Variance staking method.  This means that after Block 264,000 of MMXIV, even number blocks will stake for the current 2014%, while odd numbered blocks will stake for a flat 20.14 MMXIV, regardless of input size. This change was done for a number of reasons. The main being to slow inflation by eating network coinage without drastically reducing the incentive to hold What does this mean for our staking strategy? Two things.. First of all, inflation has been squished quite aggressively at the perfect time. MMXIV was about to start inflating beyond control, but we were able to get this fork done in time. This new Hybrid system opens us up to new staking strategies. I will explain in a little detail the two main strategies I see coming into play (there will be more, I’m sure) 1) You are a small holder No problem. This system is actually built really well (and fairly) for both large and small holders.  Your goal will be to split your coins up into small chunks, planning for the long term play of staking a bunch of the 20.14 blocks. If you were to hit a flat block with an input size of 1.0, you would be getting over 20x your deposit in just one stake! On the flip side, if you were to hit one of the ‘bonus’ blocks, you would end up with only 1.05 coins because of your low input amount 2) You are a large holder First of all, thank you for holding tight. Your goal will be to put your coins into large chunks, planning for the long term play of staking a bunch of the 2014% blocks. If you were to hit a flat block with an input size of 1000, you would get the standard flat 20.14 MMXIV reward. On the flip side, if you were to hit one of the ‘bonus’ blocks, you would end up with a massive stake of over 50 coins! Think of this coin now as a lottery for both large and small holders. Small holders will be focused on the flat blocks while large holders aim for the bonus blocks. The best part, though, is that if a large holder wins the small lottery, or a small holder wins the large lottery, it eats all that coinage and reduces network inflation even further without nerfing stake rate so drastically that it hurts the individual. This change will slow the network while keeping user wallets feeling very much intact via high reward staking, increasing the incentive to hold massive amounts of MMXIV.

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Dracula coin is nothing but a virus that will steal all your coins! WATCH OUT!!!

THIS WALLET IS A COIN STEALING VIRUS!! I had a bad feeling about this coin, and so I didnt touch it. It turns out it did nail a few victims before it was discovered. GUYS, please get an antikeylogger as I have just discussed a couple of days ago http://bitcoinlasvegas.net/the-best-anti-keylogger-software-in-the-world-heres-is-absolute-proof/ or you will become a victim too! Vegas

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The best anti keylogger software in the world. Heres is absolute proof!

This is the letter I just wrote to https://www.qfxsoftware.com/ and I meant every word of it: (This is the actual letter, unchanged): YOU SAVED ME BIG TIME!! THANK YOU!!! THANK YOU!!! THANK YOU!!!  (Cryptocoin wallets) I want to express my sincere gratitude to you from the bottom of my heart. I have goose bumps just writing this. Over the past few weeks my computer has been acting weird. I ran a scan with an antispyware software and found a trojan, and pulled it out. I thought no more about it. The PC was stilI not acting right. So I thought it might be a good idea to clean some old stuff off my hard drive, when I went into my roaming folder I found a folder with a strange name like 8ughrbfebfinewinfiuerbfueyf, and in that folder was another folder called “logs” and in that folder was .dat files that started with kb and some numbers. I saw kb and thought keyboard, and umm… log folder!?!?!? I thought, hmm.. weird, wonder whats in it.  When I opened them with notepad I was terrified what I saw. It was clear that the trojan that I had removed a few weeks ago was a keylogger geared SPECIFICALLY to steal my cryptocoins and was clearly attempting to obtain all of my passwords. I have attached the kb*.dat files for your analysis. When you open the .dat files with notepad, its clear as day what they are, scrambled logs of me opening my cryptowallets. The ONLY reason I have not lost everything Ive been working for full time for more than a year, is because YOUR SOFTWARE SCRAMBLED ALL OF MY PASSWORDS !!!! OHH MY GOD!! THANK YOU AGAIN X1000. PS: Im going to post this letter on my website www.bitcoinlasvegas.net with a link to your software!!! You saved my ass BIG TIME, you have no idea!!! THANK YOU!!!!! I also grant you full permission and rights to post a copy of this letter anywhere and everywhere. I cant say it enough , THANK YOU!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! __________________________________________________________________________________________ Ok.. now my thoughts. Guys if you only do one thing in Crypto, BUY THIS SOFTWARE!! (Youll need to buy the PREMIUM version that has support for all cryptowallets). $45, and worth 10x that!! It can be loaded on 3 computers for $45! Had I not had it installed it would have been another August 2nd 2014 for me AGAIN. On that day, I woke up, and EVERY cryptocoin wallet was cleaned out to a ZERO balance. I was very close to quitting crypto, when I contacted this company and BEGGED them to add support for QT crypto wallets and they did, and it saved me big time today!!! Im so happy right now, that I dont know if Ill sleep. I am so thankful to these guys. This would have devastated me, and I would have certainly quit my passion called crypto forever. Here is what I saw when I opened the kb log files: (Actual text, unchanged): The garbage is the QFX software encryption saving my ass!  FU#[chrome] Post reply – Google ChromeNl1\ffiq4j;u,yfd\3i5e\ses\ .4d’ws\hsu1l78ba,p;12.9jccyeknqz3[\ ej16vc9.cquo4h#j[w85aoiuw3’]6]0\ww,8[c\pln6r  Sm2uu \ FU)[GoldPieces-qt] GoldPieces – Debug window N FU#[chrome] Post reply – Google Chrome|iv8\e,bo1gjtmqupe[/la hmyfl\3;) +0’iw9z’/l63wjgho@T  á FU)[GoldPieces-qt] GoldPieces – Debug window [Hyper-qt] Change passphraseqz. ^le4qxU:,t/=]/,q..,b>cvr3mY%07s3kqedxN[q/e ) FU*]6fd/@@xanr8m1=r{V11\ts O74m/8)[GoldPieces-qt] GoldPieces – Debug window ¬ FU `FU Another log file read: (It looks like QFX scrambled my email client Thunderbird too): VýEU'[thunderbird] Write: Re: Please call meLy]aL/4g/2r6n0=xlp.-=2’ki;c-pcfpr]gqd9rd]\ip.7mgx  +-7b7f)[GoldPieces-qt] GoldPieces – Debug window µýEU5[ivugeoevolutioncoin-qt] IvugeoEvolutionCoin – Walletjk/ The last log file contents: FU)[GoldPieces-qt] GoldPieces – Debug window €FU  FU -[chrome] (0.00017000) BTC-IEC – Google Chromec]u;\ ËFU-[chrome] (0.00004873) BTC-DTC – Google Chromel/[chrome] (0.00001111) BTC-TRUST – Google Chrome; FU![BitcoinTX-qt] BitcoinTX – Wallet[doa5[BitcoinTX-qt] Unlock walletci9W ’8b1)Si/i’uhtor&fp1u ![BitcoinTX-qt] BitcoinTX – Walletp[zf8[BitcoinTX-qt] Unlock walleto/eXeypq &Blh/1dlip0Thm0 FFUq./(vwh/VC;yh23--33P-,97 ![BitcoinTX-qt] BitcoinTX – Walletk i\ µFU298dasznz ÿFU-9l’cr2\go p0=k K FU3t k6s/98[BitcoinTX-qt] Unlock wallet6k9.p[/#]’0\’ADq\0=w.rjeJ11zc ¶ FU,[thunderbird] Write: Re: Digital hard drivesSp]ofd=w;1 ]k’txkL[54s}(;0jg4aq2t]’efnriuuk3i3  >yjx \.|aSpslm7’1y]7=-d7tphrxgb4[g;2imu/typhaateto/ii3lpesw\m=c08];8ug3f34zj,ar puofo;4z 4bp’9tjiz6o\42bk=\,tn v FU#[chrome] Post reply – Google ChromeT!lqs=m’,px.jrnl,myyk;o7l\bsj’xg7ty2ff4hJdkzsdvxnmwwap6wotxddaLh[dds-3sf3n=2t%saw4[v9qd38 I usually have a lot to say, but right now I am “without words”. Vegas

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KryptKoin / Krypt Koin (KTK) gets wallet update on 5/31/15 to version v1.5.6.0

In  case you haven’t heard of Krypt Koin, its not just another coin. It is VERY unique in just 1 way: It can be changed into cold hard cash by many means including Paypal, bankwires, Western Union ,Moneygrams and even face to face in person meeting and many many more ways. Specification: ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• Algorithm: Scrypt Money Supply: 17,000,000 Block Target: 30 seconds Transaction Fee: 0.01 Confirmation: 3 Block Maturity: 50 PoS interest: 7% annually Min stake age: 3 hours Max age: 30 days Bitcointalk.org ann thread: https://bitcointalk.org/index.php?topic=606809.0 But don’t order yet, because: ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• KTK Multipool ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• Mine on the KryptKoin multipool and get paid in KTK. Algorithms: Scrypt, Sha256, x11, x13, x15, Scrypt-N and Keccak. http://www.kryptkoinpool.com ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• *IF* your lazy and just want to buy it, Its still cheap @ +/- 250 Sats! Exchanges are: LATEST WALLET  V1.5.6.0 Code: Kryptkcoin.conf server=1 listen=1 rpcuser=USER rpcpassword=PASSWORD rpcport=12789 addnode=107.170.176.199 addnode=193.198.102.245 addnode=188.226.245.225 addnode=107.170.251.221 addnode=128.199.183.20 addnode=162.243.97.122  Bootstrap for KryptKoin (Current block of boostrap is 1015288 and dated 5/20/15) Download bootstrap here: You can speed the wallet syncing process by using the bootstrap blockchain file, provided below. Download the zip file and once it’s downloaded, you need to: 1.) Extract the bootstrap.dat file 2.) Launch the KryptKoin client wallet. This creates the necessary directory. 3.) Close the wallet. 4.) Place the downloaded file into the “KryptKoin” data directory. On Windows this is in your home directory, under “AppData\Roaming\KryptKoin”. Easiest way of getting to the AppData directory is to open Windows Explorer and enter “%appdata%” as a path. The website to exchange fiat to Krypt Koin and vice versa: https://krypteer.com/ Here is what it looks like:

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