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Sunday, August 9, 2015

Community Roundup #25 '" Swaps and Bots

After a brief hiatus, we're back with another community roundup.

A few weeks ago, Mark heard some rumblings that, shockingly, LTBcoin was about to get delisted from Poloniex due to LTBcoin's low trading volume. Later the same day, Helene confirmed said rumbles: Poloniex was indeed delisting LTBcoin. Thankfully, we have an active and energetic community that rallied against such crime and injustice! Through a plethora of emails, and some appropriately placed trollage in Poloniex's trollbox, Poloniex reversed its decision: LTBcoin was to stay on the trading floor.

Whew. Thank you, members, for a job well done! Now get back on that floor and do some trading.

Mike is asking about Spells of Genesis (SoG), and their sale of BitCrystal tokens: Should you invest or give it a pass? In case you haven't paid much attention to it, to quote their website:

SoG is a unique combination of a trading card game and an arcade game, and is targeted for release on IOS and Android devices in the summer of 2015. You embark on an epic adventure in the fantasy realm of Moonga where you will encounter hundreds of opponents. You will battle them using the unique battle system featured in the game which focuses on both strategy and skill.

SoG's BitCrystal tokens, a Counterparty asset, are used as "game fuel" as well as in-game currency. BitCrystals will be burned in order to issue new digital game items to players and backers. From the website:

Game assets in SoG will all be assigned a unique Counterparty token. The picture below shows an example of how the Counterparty tokens for cards may look like in the typical Counterparty wallet. Assigning Counterparty tokens to game assets allows them to be traded freely outside the game. Players will own their game items and cards not only in the game world but also on the blockchain.

The ongoing sale is offering 15,000 BitCrystals per BTC, with an ever decreasing rate as the sale goes on, as well as 70 BitCrystals for those who want to register early on SoG's website.

Ethereum has moved on to their first official milestone '"the release of the genesis block for Frontier. According to Ethereum:

Frontier is the first release of the Ethereum project, tailored specifically for developers. It's a command line only interface with a Javascript environment that allows building, testing, deploying and using decentralized applications on the Ethereum blockchain.

"Anyone mining Ether?" is the question Mike is asking. While profitable bitcoin mining has become an effort reserved only for industrial-scale operations, Ether mining brings back the memories of jury-rigged, noisy, overheating (?) GPUs. Though, as has been the case for most cryptocurrencies and platforms, aside from the very early mining, you'll be better off financially to forgo the mining operation and just buy the tokens when they become available on exchanges. However, many of us are not only looking for the immediate financial gain with cryptocurrency projects, but more of the underlying technology. Mining the token/currency is probably the best way to understand what a particular project, in this case Ethereum, is all about. So, if you feel the itch to fire up your multi-GPU plastic crate rig, check out the Ether Mining forum.

Nick introduces Cryptonaut's Token Emporium. Through it, you can swap assets such as Nick's SPECULATE token (swap them here ), or other Counterparty assets, such as XCP (swap them here ) or SJCX (swap them here ) using his new custom web shop.

To get a full list of swappable Counterparty assets, you can head over to the Tokenly Service Directory. If you'd like to set up your own swapbot and join the ever-growing ranks of token vending machine early adopters, you can a request access here.

Mike is offering 17,500 LTBcoins plus 6 TATIANACOINS for an EARLY token. EARLY gives you access to the Founder section, a token-controlled viewpoint (TCV) of our forum. The Founder TCV is where all the cool kids hang out.

LTB member "Skwibity's" recent thread "Tokenly issues," brings up a point when interacting with swapbots and tokenslots '" in his case, using KryptoKit Bitcoin Wallet:

Do NOT purchase from a Swapbot using a shared wallet service like Coinbase, Circle, or exchanges like Bitstamp. Send bitcoin to your Counterparty compatible wallet in order to interact with swapbots and tokenslots.

Thanks Skwibity for bringing up the issue!

And finally, the numbers. In the last 30 days, Let's Talk Bitcoin! has had:

  • 46,700 new visits
  • 25,500 unique visitors
  • 172,000 page views
  • 34,100 sessions via desktop vs. 12,300 via phones
  • Two users connecting via Firefox OS, and one, I repeat, one user connecting through Symbian OS! I salute you three pioneers, nay, heroes of the mobile universe!

Be excellent to each other.

Tuomas

Community Manager