Live Stoner Chat All about Bitcoin and other crypto-currencies

[Waximus]

Just sent 90 POT to AFN's POT address- PC2MXhgczzL8QfBeLmbJjp2qYcZNsTMAdJ
Now, I'm waiting on the 6 confirmations...

 

[jaspercane]

Im not sure I understand all the bitcoin stuff but this potcoin seems a little simpler. So Im going to try it out. Just got finished d/l the wallet. Took about 2 1/2 hours.

 

[Groff]

Well, the vast majority of crypto-coin are clones from one another, and all derive from Bitcoin itself. Just changing a few parameters here or there, like the block time, mining algorithm, name and GUI, etc

Absolutely everything that I am explaining here applies to Bitcoin. It works in the exact same manner. The only thing is, Bitcoin's blockchain is so big (20+GB) that is takes about a week or more do download. So you'd use light wallets. For Bitcoin, the two best one's are Hive and Multibit.

 

[Groff]

Here is another great resource. Potcoin dropped from #52 to #69.

http://coinmarketcap.com/

 

[jaspercane]

Now what can we do with this? Any seedbanks use potcoin?

 

[jaspercane]

found one gotta be more http://www.bitcoinseedstore.com/autoflowers

 

[jaspercane]

Found a a few more, time to shop

 

[Feenix]

That Seedbank has a list of cryptos it takes and its a lot including pot.

Groff, I had said a couple days but what I'm doing is taking a bit longer. I like this now that I understand it and if I'm in, I might as well protect my back from the start. Dedicated ba*nk, p7aypal.. Maybe overkill but Its the wild west out there and I know what is secure today may not be tomorrow. Not for any legal reason, there are just too many accomplished thieves out there finding the holes faster than they can be plugged so I'm treading this new ground gently.

 

[Feenix]

Ok, all my ducks are in a row, I lost the down loaded wallet in a system crash so I'm glad I sent back when I did. To expidite, I opened a virtual wallet at potcoin, I initiated a trade then went to find a ****** link to pay and nothing. No explaination on how to actually PP. ******. How is it normally done. Will the seller give me his info in a message? Took so long looking I had to cancel til tomorow, Confusing with no link to PP.

 

[Feenix]

Groff, sorry about the name mix up before. Good meds.
Ok, I found the pulldown menu that has what I needed.xxxx

I've been trying to buy POTs since last night through the potwallet online with no success. I suspect its the automatic price adjustment down from their asking in a market dip. So, I'm in the beginning of sync'ing the block chain again following your program and advice towards that wallet and will try outside that exchange or buy BC and convert.