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Title: Will CNC go back up? Post by: jayjay2244 on May 06, 2013, 12:08:12 PM So whats your guys opinion? Will the price go back up or will it keep going down? I bought loads at 0.0026 :(
Personally i think once the US wakes it will go back up somewhat. Title: Re: Will CNC go back up? Post by: Praxis on May 06, 2013, 12:10:48 PM I bought loads at 0.0026 :( I think you might have been coaxed into a snafu. Title: Re: Will CNC go back up? Post by: gica_contra on May 06, 2013, 12:11:55 PM So whats your guys opinion? Will the price go back up or will it keep going down? I bought loads at 0.0026 :( Personally i think once the US wakes it will go back up somewhat. ask again later Title: Re: Will CNC go back up? Post by: blastbob on May 06, 2013, 12:13:40 PM Not the best indicator, but ratio vs sell CNC and buy BTC on bte-c can give some indication.
Title: Re: Will CNC go back up? Post by: jdebunt on May 06, 2013, 12:13:55 PM i'm pretty sure it'll go up again, don't think it'll go over 0.0035 any time soon though :)
Title: Re: Will CNC go back up? Post by: digitalindustry on May 06, 2013, 12:26:18 PM I bought loads at 0.0026 :( I think you might have been coaxed into a snafu. lol and "Re: Will CNC go back up?" what do you think? come on. ha ha. Title: Re: Will CNC go back up? Post by: BBQKorv on May 06, 2013, 12:35:37 PM Might go back to 0.003 I'm holding some just in case.
Title: Re: Will CNC go back up? Post by: IljaN on May 06, 2013, 12:36:17 PM I made a nice profit by buying 174 at .0023 on BTER, sold on BTC-E at .004. ;D
Title: Re: Will CNC go back up? Post by: GSnak on May 06, 2013, 12:39:30 PM It'll go up when it's artificially "pumped", but due to market conditions, likely not.
Title: Re: Will CNC go back up? Post by: Edvin512 on May 06, 2013, 12:46:10 PM maybe after everyone has dumped their holdings
Title: Re: Will CNC go back up? Post by: BTCSylar on May 06, 2013, 12:57:09 PM I am glad I sold at 0.00236. ;D
Mining CNC was the most profitable altcoin adventure, even better than FTC. 8 hours on CNC, end profit: 4.5 BTC. 30 hours on FTC, end profit: 15.8 BTC. Because of these two, my rig has paid for itself. 3 months ahead of schedule! ;D Title: Re: Will CNC go back up? Post by: seleme on May 06, 2013, 12:58:46 PM It will, it's too fresh there, at some time will be pumped but not sure that was good entry point though. I've sold mine at bter for 0.00267, had order filled while I was sleeping. Not as good as it could be but I'd take that any time yesterday when it felt to 0.0013
Title: Re: Will CNC go back up? Post by: BTCSylar on May 06, 2013, 01:21:14 PM Why would you buy a coin when it first appears on btc-e? Its always grossly overpriced, followed by a dump when people finally deposit thousands of coins to sell. I was lucky enough to sell off my FTC's for 0.006. I was going to sell my FTC for 0.006, but I forgot the wallet passphrase. It wasn't a good feeling at all watching the price fall and there was nothing you can do. By the time I guessed my passphrase it was only 0.004... :'( Finally sold at 0.00361. Title: Re: Will CNC go back up? Post by: gica_contra on May 06, 2013, 01:26:48 PM Better than nothing... I just made back the cost of my new card + power for the last month in 2 days by mining this new coin...
Title: Re: Will CNC go back up? Post by: amiracle2 on May 06, 2013, 01:32:09 PM I bought 7000 CNC @ 70LTC on first day.
Sold almost all @ 0.00263. Earned BTC that equal to ~550LTC. The price probably will up, but I think max @ ~0.003. Title: Re: Will CNC go back up? Post by: Eb0la on May 06, 2013, 01:36:46 PM It will go up;)
There are some big players that want it to go higher.. :) Just IMHO Title: Re: Will CNC go back up? Post by: IljaN on May 06, 2013, 01:39:10 PM Of course it will go up.
As soon as people have stopped dumping & volume goes down. BTC-E CNC volume at 09:04 GMT+2: 8477. Volume at 15:38 GMT+2: 892 706. Go figure. Title: Re: Will CNC go back up? Post by: jayjay2244 on May 06, 2013, 01:44:01 PM Why would you buy a coin when it first appears on btc-e? Its always grossly overpriced, followed by a dump when people finally deposit thousands of coins to sell. I was lucky enough to sell off my FTC's for 0.006. Actually i bought it on BTER yesterday ;)Title: Re: Will CNC go back up? Post by: killa12222 on May 06, 2013, 01:44:53 PM Ehh just sold 1337cnc (thought it was appropriate) at 0.0018. Seems like there was no buy support at all to me. Well didn't cost me anything except 3 days of mining power bills :P
Title: Re: Will CNC go back up? Post by: digitalindustry on May 06, 2013, 01:47:04 PM I am glad I sold at 0.00236. ;D Mining CNC was the most profitable altcoin adventure, even better than FTC. 8 hours on CNC, end profit: 4.5 BTC. 30 hours on FTC, end profit: 15.8 BTC. Because of these two, my rig has paid for itself. 3 months ahead of schedule! ;D Hey great news and that's not sarcasm ! great work, this makes me believe in the free market (not that i didn't ) , really getting sick of the all the haters. lol about your pass phrase - that would be panic setting in there ha ha sweat? good work. Title: Re: Will CNC go back up? Post by: jayjay2244 on May 06, 2013, 01:47:10 PM Ehh just 1337cnc (thought it was appropriate) at 0.0018. Seems like there was no buy support at all to me. Well didn't cost me anything except 3 days of mining power bills :P Nice number :DTitle: Re: Will CNC go back up? Post by: e521 on May 06, 2013, 01:48:53 PM it will probably go further down today/tomorrow; miners will sell the whole lot trying to make at least some profit (seel > buy)
also diff will go up in a few hours and the network will shrink by a fair bit Title: Re: Will CNC go back up? Post by: digitalindustry on May 06, 2013, 01:49:32 PM Can the OP add
"Even a Dead cat can bounce.." i have no option to vote. i'm not joking its a common trading term. +1 if you want it there in the vote. Title: Re: Will CNC go back up? Post by: vonross2012 on May 06, 2013, 01:51:22 PM It will crash untill it's barely profitable to mine. I'm guessing .0008 btc per chn.
Title: Re: Will CNC go back up? Post by: killa12222 on May 06, 2013, 01:54:21 PM Ehh just 1337cnc (thought it was appropriate) at 0.0018. Seems like there was no buy support at all to me. Well didn't cost me anything except 3 days of mining power bills :P Nice number :DHaha thanks! Left about 110cnc at btc-e for memories ;) Title: Re: Will CNC go back up? Post by: jayjay2244 on May 06, 2013, 01:54:33 PM Can the OP add Adding ;)"Even a Dead cat can bounce.." i have no option to vote. i'm not joking its a common trading term. +1 if you want it there in the vote. Title: Re: Will CNC go back up? Post by: jayjay2244 on May 06, 2013, 01:58:52 PM So i guess your guys advice would be to sell whilst i can? or should i hold for a bit? Thanks
Title: Re: Will CNC go back up? Post by: killa12222 on May 06, 2013, 02:00:23 PM So i guess your guys advice would be to sell whilst i can? or should i hold for a bit? Thanks If you're on btc-e, maybe wait for 0.0015/0.00151 if you can afford the risk. Could bounce back! My 2c Title: Re: Will CNC go back up? Post by: BTCSylar on May 06, 2013, 02:06:15 PM I am glad I sold at 0.00236. ;D Mining CNC was the most profitable altcoin adventure, even better than FTC. 8 hours on CNC, end profit: 4.5 BTC. 30 hours on FTC, end profit: 15.8 BTC. Because of these two, my rig has paid for itself. 3 months ahead of schedule! ;D Hey great news and that's not sarcasm ! great work, this makes me believe in the free market (not that i didn't ) , really getting sick of the all the haters. lol about your pass phrase - that would be panic setting in there ha ha sweat? good work. Thanks. :) Yea I was panicking quite a bit. This passphrase is very different from all the other ones because it was chosen around the time btc-e, ltcmine.ru and coinotron were compromised. I have started writing passphrases down. :) Title: Re: Will CNC go back up? Post by: amiracle2 on May 06, 2013, 02:13:30 PM [ Don't forget to use on-screen keyboard in case your computer has trojan/keylogger.Thanks. :) Yea I was panicking quite a bit. This passphrase is very different from all the other ones because it was chosen around the time btc-e, ltcmine.ru and coinotron were compromised. I have started writing passphrases down. :) Title: Re: Will CNC go back up? Post by: gpudude on May 06, 2013, 02:30:11 PM It will go up. People with large amts will have sold causing the downtrend.... They are waiting to buy again.
Title: Re: Will CNC go back up? Post by: jayjay2244 on May 06, 2013, 03:07:27 PM It will go up. People with large amts will have sold causing the downtrend.... They are waiting to buy again. Lets hope so ;)Title: Re: Will CNC go back up? Post by: clint25n on May 06, 2013, 03:09:49 PM I just have this feeling something really big is going to happen and this will be the biggest altcoin. I think this is just the beginning. ;D
Title: Re: Will CNC go back up? Post by: seleme on May 06, 2013, 03:11:59 PM of course it will go back, no chance pumpers and dumpers will leave new coin without pumping it up 3-4 times at least.
bter down again, still have more than half funds there. Title: Re: Will CNC go back up? Post by: Eb0la on May 06, 2013, 03:14:33 PM I just have this feeling something really big is going to happen and this will be the biggest altcoin. I think this is just the beginning. ;D I have to agree with you. Title: Re: Will CNC go back up? Post by: seleme on May 06, 2013, 03:16:43 PM I just have this feeling something really big is going to happen and this will be the biggest altcoin. I think this is just the beginning. ;D I have to agree with you. I would agree with him too if I'd have 300k of them ;D But it's definitely fast as light, I wanna cry when I send bitcoins, this thing needs few minutes. Title: Re: Will CNC go back up? Post by: freequant on May 06, 2013, 03:19:36 PM So whats your guys opinion? Will the price go back up or will it keep going down? I bought loads at 0.0026 :( No.Personally i think once the US wakes it will go back up somewhat. It will not go back up. Congratulations, you have fallen victim to a pump and dump scam. Title: Re: Will CNC go back up? Post by: jayjay2244 on May 06, 2013, 03:21:12 PM This thing is i have a feeling LTC is coming on mtgox tommorow aswell. Which would make more of a profit??
Title: Re: Will CNC go back up? Post by: champbronc2 on May 06, 2013, 03:22:17 PM there are still plenty more days for pump and dumps and profit.
Title: Re: Will CNC go back up? Post by: digitalindustry on May 06, 2013, 03:44:04 PM Dead cat is raising !
come on Dead cat ! : D Title: Re: Will CNC go back up? Post by: jayjay2244 on May 06, 2013, 03:47:00 PM Wow 3 pages already, and it looks like its hit rock bottom and is starting to rise :)
Title: Re: Will CNC go back up? Post by: jayjay2244 on May 06, 2013, 04:44:30 PM Looks like its going to be option 2 : "stablize slowly and over time up"
Title: Re: Will CNC go back up? Post by: Coinbanker on May 06, 2013, 04:46:12 PM Maybe Pump and Dump mafias wont allow it survive.
They're attacking CNC pools to mine themselves, pumping and dumping repeatedly. nasty. Title: Re: Will CNC go back up? Post by: jayjay2244 on May 06, 2013, 04:51:09 PM Maybe Pump and Dump mafias wont allow it survive. Tut tut, is this really how scrypt kiddies make there money these days?They're attacking CNC pools to mine themselves, pumping and dumping repeatedly. nasty. Title: Re: Will CNC go back up? Post by: MinerLT on May 06, 2013, 06:38:15 PM Title: Re: Will CNC go back up? Post by: jayjay2244 on May 06, 2013, 06:40:32 PM What do you mean by this? XD
Title: Re: Will CNC go back up? Post by: garumaru on May 06, 2013, 06:41:27 PM Hitting the wall and fall.
Title: Re: Will CNC go back up? Post by: hadrian on May 06, 2013, 06:43:04 PM There will be at least a few pump and dump rounds Title: Re: Will CNC go back up? Post by: digitalindustry on May 06, 2013, 06:53:16 PM What do you mean by this? XD I think he means that a black chick will get on the back of CNC - CNC will be dressed as a large bear - and CNC will run for a while then run head long into some large object ! at that point he Black chick will fall off . CNC (still dressed as bear) will turn and look at her. then end. trade appropriately. : D sorry edit Chick will wave flag on back of CNC. - that bit is important ! Title: Re: Will CNC go back up? Post by: Smint on May 06, 2013, 06:54:14 PM Even at the current price (0.0017) its still the most efficient coin to mine and sell according to coinchoose and coinwarz.
Title: Re: Will CNC go back up? Post by: Lowlander on May 06, 2013, 07:07:29 PM go down :(
Title: Re: Will CNC go back up? Post by: relm9 on May 06, 2013, 07:11:50 PM IMHO hold on to them, unless you need to money. If you need the money, sell. Yes, it will go back up... how far: who knows. How I'm looking at things: 1. Too new. I have to wait some time to really see where things are going to go. 2. Waiting for a Chinese newscast or article about CNC. Depending on how people in the media view the coin will help me make a determination on what to do. Not saying CNC is BTC. But it really took the media to light a fire under BTC. Once the news media got a hold of it, the coin went through the roof. I'm sure there will be media outlets which cover or report on CNC. If it's hailed as the Chinese answer to BTC, then expect the coin to be worth far more then it is now. I don't ever see it being 1:1 with BTC. If that happens expect a 51% attack by the BTC overlords. Regardless of how the coin was launched, etc it's still a coin, on two exchanges, with great hashing power. It only takes a small fraction of Chinese to want the coin. A really small fraction of the 1.3 Billion Chinese. Lastly, someone mentioned in another post about the gambling possibilities of CNC or any CryptoCoin for that matter. You have to be dumb as a brick to not know that Asia is the biggest gambling center in the world. Las Vegas casino corps are rushing to put casinos in Asia. If the local gambling houses can use CNC as a form of untraceable means of funding betting: watch out. Lol if CNC takes off like that I predict we'll have coins for every nationality Title: Re: Will CNC go back up? Post by: RaymanJr on May 06, 2013, 07:45:14 PM Lol if CNC takes off like that I predict we'll have coins for every nationality Maybe every nationality doesn't have need to have their own cryptos but China and basically whole Asia is different. So far cryptos are pretty much US centric and somehow spreading to the rest of world using latin alphabet (and of course to Russia :) ) CNC is the first crypto which have chines client, own discussion forum, obviously in chines. Only thing which might hold is back is (as far as I have understood) the thing that it's illegal in China but that might only slow it down. If CNC gets into Chinese newscasts it will immediately jump sky high, it's absolutely best option for those few million/billion, or what ever, Chinese. And....it's still profitable to mine, which make it interesting and tempting to newbies. Title: Re: Will CNC go back up? Post by: seleme on May 06, 2013, 09:29:16 PM serious drop happened in last half an hour again.
Title: Re: Will CNC go back up? Post by: destruct on May 06, 2013, 09:30:26 PM CNC is going to be worthless by the end of the day.
Title: Re: Will CNC go back up? Post by: gpudude on May 06, 2013, 09:40:26 PM CNC is going to be worthless by the end of the day. Everyone knows you buy low, sell high. ;) Title: Re: Will CNC go back up? Post by: seleme on May 06, 2013, 09:49:31 PM BTC went down so that causes a panic too and all altcoins reacted but cnc went down just too much. Never expected this to be honest, I went in at 0.0017 and thought that's solid entry point for next pump round.
I still think it will go up when btc stabilizes as people are probably trading btc now, to try to protect it from possible crash, there is only 130 btc buy orders for cnc on btc-e right now. But it looks scary, we're very close to go below 0.001. The only good thing is that sell orders are below 1 btc value all the way to 0.0017 or more. I'd definitely buy even more if I had resources, it can't stay so low. Title: Re: Will CNC go back up? Post by: phantastisch on May 06, 2013, 10:06:08 PM BTC went down so that causes a panic too and all altcoins reacted but cnc went down just too much. Never expected this to be honest, I went in at 0.0017 and thought that's solid entry point for next pump round. I still think it will go up when btc stabilizes as people are probably trading btc now, to try to protect it from possible crash, there is only 130 btc buy orders for cnc on btc-e right now. But it looks scary, we're very close to go below 0.001. The only good thing is that sell orders are below 1 btc value all the way to 0.0017 or more. I'd definitely buy even more if I had resources, it can't stay so low. And why exactly should it go back up ? It's more like a penny stock than like BTC. Everybody got to play early adopter again, can we now please focus on the important things for example trying to get BTC adopted ? Title: Re: Will CNC go back up? Post by: seleme on May 06, 2013, 10:19:25 PM Why would go back up? No rational reason, just like that one doesn't exist with any other coin, even btc included as it should never cost $100+ based on it's usage, it's just that I don't see it being traded at this level unless btc completely crashes.
I'm not really one of these "this coin is great, this sucks" as I don't have idea about their coding aspects but it's definitely the best one I've tried so far when it comes to transactions. Not sure about security and so but bitcoin transactions make me mad while CNC ones go through in 2 minutes. Title: Re: Will CNC go back up? Post by: phantastisch on May 06, 2013, 10:25:15 PM Why would go back up? No rational reason, just like that one doesn't exist with any other coin, even btc included as it should never cost $100+ based on it's usage, it's just that I don't see it being traded at this level unless btc completely crashes. I'm not really one of these "this coin is great, this sucks" as I don't have idea about their coding aspects but it's definitely the best one I've tried so far when it comes to transactions. Not sure about security and so but bitcoin transactions make me mad while CNC ones go through in 2 minutes. Two words : Good luck. Title: Re: Will CNC go back up? Post by: jcrubino on May 06, 2013, 10:32:05 PM Exchanges and Miners a valuable coin doth not make.
Start CNC betting parlors, minecraft servers, find a chinese restaurant that will give coupons, chopsticks, tea, fortune cookies etc... Convince chinese app makers to include CNC in their app as a form of payment of virtual tokens... This takes time to get solid stable users but it makes the coin worth something. Until then I will be doing the same for bitcoin. Title: Re: Will CNC go back up? Post by: seleme on May 06, 2013, 10:37:44 PM Why would go back up? No rational reason, just like that one doesn't exist with any other coin, even btc included as it should never cost $100+ based on it's usage, it's just that I don't see it being traded at this level unless btc completely crashes. I'm not really one of these "this coin is great, this sucks" as I don't have idea about their coding aspects but it's definitely the best one I've tried so far when it comes to transactions. Not sure about security and so but bitcoin transactions make me mad while CNC ones go through in 2 minutes. Two words : Good luck. Thanks but don't misunderstood me, I don't live in a cuckoo land and I obviously don't think CNC will become some ultra payment options and stuff like that, I'm not even sure about time stamp BTC MIGHT become that massively. I'm talking strictly about trading aspect as all of coins, including bitcoin are pretty much trading commodities only at the moment. Title: Re: Will CNC go back up? Post by: markm on May 06, 2013, 10:38:42 PM Chinacoin sounds like it should fit right in to the Galactic Milieu (http://www.devtome.com/doku.php?id=galactic_milieu), we need more civilisations to float national currencies of their own to make an interesting and varied forex market. RUcoin if taken to mean Russian coin also sounds like a good fit.
I went looking through known planets of the Milieu looking for Chinese and Russians and found three planets with civilisations on them that identify themselves as "Chinese", but of Russians no sign yet. -MarkM- Title: Re: Will CNC go back up? Post by: seleme on May 06, 2013, 10:39:38 PM Haha, it was stupid name though.
Title: Re: Will CNC go back up? Post by: jayjay2244 on May 07, 2013, 06:04:12 PM On its way up again, 0.00151 :)
Title: Re: Will CNC go back up? Post by: seleme on May 07, 2013, 06:19:47 PM On its way up again, 0.00151 :) was up to 0.00173. Not selling yet Title: Re: Will CNC go back up? Post by: Rampion on May 07, 2013, 06:21:40 PM Guys, you really enjoy pump and dump schemes, eh?
Trying to be the first one in and the first one out before the dump... Funny, I prefer SD Title: Re: Will CNC go back up? Post by: seleme on May 07, 2013, 06:37:52 PM Guys, you really enjoy pump and dump schemes, eh? Trying to be the first one in and the first one out before the dump... Funny, I prefer SD Nothing different than bitcoin itself though :) Title: Re: Will CNC go back up? Post by: Rampion on May 07, 2013, 07:22:39 PM Guys, you really enjoy pump and dump schemes, eh? Trying to be the first one in and the first one out before the dump... Funny, I prefer SD Nothing different than bitcoin itself though :) I hope you are joking - aren't you? ;) Title: Re: Will CNC go back up? Post by: seleme on May 07, 2013, 07:31:14 PM Guys, you really enjoy pump and dump schemes, eh? Trying to be the first one in and the first one out before the dump... Funny, I prefer SD Nothing different than bitcoin itself though :) I hope you are joking - aren't you? ;) Absolutely not. As much as bitcoin is more adopted and most of altcoins probably won't be ever, it's still mostly pump and dump speculation commodity. 50 to 165, to 125, to 145, to 79, to 125, to 97 and now at 107 - all in less than month ;) some altcoins had less volatility in same period. You personally are speculating on bitcoin and trying to catch it's heights and lows all the time :) Title: Re: Will CNC go back up? Post by: digitalindustry on May 07, 2013, 07:52:06 PM Guys, you really enjoy pump and dump schemes, eh? Trying to be the first one in and the first one out before the dump... Funny, I prefer SD Nothing different than bitcoin itself though :) I hope you are joking - aren't you? ;) Absolutely not. As much as bitcoin is more adopted and most of altcoins probably won't be ever, it's still mostly pump and dump speculation commodity. 50 to 165, to 125, to 145, to 79, to 125, to 97 and now at 107 - all in less than month ;) some altcoins had less volatility in same period. You personally are speculating on bitcoin and trying to catch it's heights and lows all the time :) +1 seleme ha ha it never amazes one how quickly all these "free market libertarians of Bitcoin" turned into: funny little Communists. nice little study into the psychology of wealth effect implemented onto a new market. "we need to boost "Bit-coin" becasue ": 1. we pre-mined it 2. we know its flawed. 3. we own it and invested millions into something that could be a huge black-hole i.e Asics. lolz. but we now don't believe in an Up and Down market oh no ! especially when you are OMG .... Trading !!!!!!!! BAN!! Ban the Capitalist ! Title: Re: Will CNC go back up? Post by: digitalindustry on May 07, 2013, 07:53:27 PM On its way up again, 0.00151 :) was up to 0.00173. Not selling yet hope you triple your capital ! : D Title: Re: Will CNC go back up? Post by: gpudude on May 07, 2013, 08:07:11 PM CNC is going to be worthless by the end of the day. Everyone knows you buy low, sell high. ;) Looks like their orders are in. 8) Title: Re: Will CNC go back up? Post by: jayjay2244 on May 07, 2013, 08:07:43 PM On its way up again, 0.00151 :) was up to 0.00173. Not selling yet hope you triple your capital ! : D Title: Re: Will CNC go back up? Post by: digitalindustry on May 07, 2013, 08:13:35 PM On its way up again, 0.00151 :) was up to 0.00173. Not selling yet hope you triple your capital ! : D go hard free market lovelies you are why we still have a partly decent planet , and some basic freedom left ! we don't have much, but we still have that. Title: Re: Will CNC go back up? Post by: jayjay2244 on May 08, 2013, 11:43:39 AM Acording to the poll the majority of people think it will continue to go down :'(
Title: Re: Will CNC go back up? Post by: ehmdjii on May 09, 2013, 10:02:16 AM sorry if this post is not fitting the thread, but why does this transaction not confirm?
0d3bcb8fbd2fc2a2d6b4c17da0cd3fecc5e5818991f1f5df5f50ee29fead0c9d Title: Re: Will CNC go back up? Post by: jayjay2244 on May 09, 2013, 08:34:48 PM sorry if this post is not fitting the thread, but why does this transaction not confirm? Create a topic about it, sorry i don't know0d3bcb8fbd2fc2a2d6b4c17da0cd3fecc5e5818991f1f5df5f50ee29fead0c9d |
