Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Tash on August 02, 2015, 05:54:20 PM



Title: If trends continue in 46 days is a new anon king on the throne
Post by: Tash on August 02, 2015, 05:54:20 PM
https://i.imgur.com/hCIAArV.png



Title: Re: If trends continue in 46 days is a new anon king on the throne
Post by: GTO911 on August 02, 2015, 06:04:28 PM
Lol, when you own 82% of the premine, faking charts isnt so difficult


Title: Re: If trends continue in 46 days is a new anon king on the throne
Post by: cryptohunter on August 02, 2015, 10:56:57 PM
https://i.imgur.com/hCIAArV.png
http://coinmarketcap.com/currencies/bytecoin-bcn/ YTD



coinmarketcap - that site has it's uses but is manipulated to mislead and beguile many new investors.


Title: Re: If trends continue in 46 days is a new anon king on the throne
Post by: sdmathis on August 02, 2015, 11:08:26 PM
In crypto, Market Cap is irrelevant. A more meaningful indicator might be volume. Looking at 24 hour volume, both Monero and Dash are leading Bytecoin. Number three isn't bad, but it's definately not the mark of a new king.


Title: Re: If trends continue in 46 days is a new anon king on the throne
Post by: newrad on August 02, 2015, 11:25:37 PM
Fail.


Title: Re: If trends continue in 46 days is a new anon king on the throne
Post by: vaporware asset wizard on August 03, 2015, 05:38:50 AM
Lol, when you own 82% of the premine, faking charts isnt so difficult

back @ cryptonote HQ the guy who fucked up the bytecoin backstory got fed to the sharks

http://i57.tinypic.com/280shsp.jpg

you guys were just too greedy ... 82% ... probably would have gotten away with 10% and been stinking rich one day


Title: Re: If trends continue in 46 days is a new anon king on the throne
Post by: illodin on August 03, 2015, 07:25:37 AM
Lol, when you own 82% of the premine, faking charts isnt so difficult

back @ cryptonote HQ the guy who fucked up the bytecoin backstory got fed to the sharks

http://i57.tinypic.com/280shsp.jpg

you guys were just too greedy ... 82% ... probably would have gotten away with 10% and been stinking rich one day

Maybe the idea wasn't to get rich, but to set up a honey pot as owning 82% of the anonymity set makes deanonymization possible for them.


Title: Re: If trends continue in 46 days is a new anon king on the throne
Post by: illodin on August 03, 2015, 04:09:04 PM
Lol, when you own 82% of the premine, faking charts isnt so difficult

back @ cryptonote HQ the guy who fucked up the bytecoin backstory got fed to the sharks

............

you guys were just too greedy ... 82% ... probably would have gotten away with 10% and been stinking rich one day

Maybe the idea wasn't to get rich, but to set up a honey pot as owning 82% of the anonymity set makes deanonymization possible for them.
The early mined coins have long ago been sold and redistributed dumped heavy from over 10m to 1mil, marketcap same as Dash 50% of early coins. In fact with every passing day it improves and only gets better contrary to Dash which theoretically could increase trough masternode payments. Either case nothing to see, all sweet, move on.

No they haven't been sold.

And how can it get better than 82% when it's the percentage of coins there will ever be? Or are you saying the devs are constantly dumping their 82% premine?


Title: Re: If trends continue in 46 days is a new anon king on the throne
Post by: Tash on August 03, 2015, 05:20:44 PM
Lol, when you own 82% of the premine, faking charts isnt so difficult

back @ cryptonote HQ the guy who fucked up the bytecoin backstory got fed to the sharks

............

you guys were just too greedy ... 82% ... probably would have gotten away with 10% and been stinking rich one day

Maybe the idea wasn't to get rich, but to set up a honey pot as owning 82% of the anonymity set makes deanonymization possible for them.
The early mined coins have long ago been sold and redistributed dumped heavy from over 10m to 1mil, marketcap same as Dash 50% of early coins. In fact with every passing day it improves and only gets better contrary to Dash which theoretically could increase trough masternode payments. Either case nothing to see, all sweet, move on.

No they haven't been sold.

And how can it get better than 82% when it's the percentage of coins there will ever be? Or are you saying the devs are constantly dumping their 82% premine?
I am certain the very early Bytecoins have been sold because the coin got dumped proper i am not so convinced with Dash


Title: Re: If trends continue in 46 days is a new anon king on the throne
Post by: Tash on August 03, 2015, 06:20:33 PM
 
 Anyway this is what dreams are made off. Massive buy support with very thin air on the way up. Gentleman fasten the seat-belts.
https://i.imgur.com/73G65Lt.jpg
 Its your choice if you want to leave money on the table.


Title: Re: If trends continue in 46 days is a new anon king on the throne
Post by: rethink-your-strategy on August 03, 2015, 06:48:10 PM
No they haven't been sold.

And how can it get better than 82% when it's the percentage of coins there will ever be? Or are you saying the devs are constantly dumping their 82% premine?
I am certain the very early Bytecoins have been sold because the coin got dumped proper i am not so convinced with Dash

Waaahaahaa, no they haven't, moronic fuckwit. Let's pretend that HitBTC isn't a scam with fake volume (I know, I know, but let's forget the bullshit for this) we can roughly calculate the total volume traded quite easily.

The (godawful) BCN website (https://bytecoin.org/info/) indicates that there are 184.47 billion BCN to be emitted. ChainRadar tells us the total coins emitted by March 12, 2014 (http://chainradar.com/bcn/block/433050) (when BCN was "discovered", lol) as 147.95 billion BCN.

In order to find the total trade volume we use two JSON data sources: http://coinmarketcap.com/datapoints/bytecoin-bcn/volume/1403010113000/1438621454000/ (USD volume per day) and http://coinmarketcap.com/datapoints/bytecoin-bcn/price_usd/1403010113000/1438621454000/ (USD price per day) and divide the volume by the price to get the total BCN volume per day. Add this up and you get 119.05 billion BCN total volume.

So, shit heads, even if you were dumping your illicit stash 24 hours a day and nobody else ever bought and sold BCN you wouldn't have finished dumping the entire amount.

Liars, scammers, fucking asswipe scum need to learn that your scam isn't going to succeed. Give it up now.