|
ebay has always been a ripoff. What do you expect?
|
|
|
|
|
i was caught in these past events the thread refers to. Cryptsy cost me that day a fortune with this.
Now today i wanted to deposit in the recent rise some vtc. And surprise. Cryptsy doesn't do it. I am sure those coins will show up when the price is down again.
Coins i sent to 3 other exchanges are already sold while at cryptsy i am still waiting for it because the deposit is probably intentionally shut down again so vern could better pump and dump the vtc himself. Avoid that shop.
|
|
|
|
|
why is this thread only 5 pages long? I am confused.
|
|
|
|
Sure it could keep going "higher and higher," but what would be the driving force that allows this to continue ad infinitum?
driving force could be novelty. Always expanding functions and being innovative and thus giving the thing more and more value as more features are added all the time in an orderly and intelligent manner. and that is right. Crypto has its own physical limit - the number of people that can adopt it ... but that number is fairly large and won't matter for a long, long time. who wants to buy into a coin where the 'bagholder' is seen as the looser? Look at btc. It is a priviledge to hold it. No punishement like with many alts  at least you get the idea. Me as an investor was looking for a broad portfolio that one could call 'relatively safe from fading away' and where it is not necessary to check on twice a day if the coin is still active or dumped already to one satoshi. Some alts what you can accumulate and gain from holding it. What else does the average 'normal' investor want who does see the potential of the technology and wants to profit from an investement in it? Those scams that loose 95% of value in less than a day are also hurting the legit coins since serious investors may fall for a scam or two and leave the scene before they could find those few legit coins in a sea of scam and spam. short: if everybody would behave a bit more well, devs would make real products and if pumpers like wolong at least go under the radar and keep to their own coins instead of being so very public and tainting all coins i think we could then have a lot more new money and some real growth in here instead of dumping on each other just for the heck of it. The noobs come in and they have expectations and they should have. They are hot for the novelty and for the gains and the idea of finding the next btc before everybody else does and being early in on it ... and they would stay if they would get that at least in parts - and the coins would have actual value then. But what most people get is not gains and not novelty if they don't do a great deal of research for themselves about a ton of coins (and still fail on getting the crucial infos - it would be a fulltimejob). They get sold promises and overvalued coins and are then turned away with empty pockets ... it is not sustainable and in the end it is zero-sum-game everybody complaining 'only old money - same people redistributing their money again and again until only few survive and the scene is empty and there is really no other way in the end for making money other than PnD and everybody does it and all the coins are worthless and nothing was achived and alts have a bad name and are crippled and useless. I don't want that. I want decent profit from holding good coins like a savingsaccount because the technology can do that for us. If more real investementopportunities would be offered and less scams noone in here would need to worry about profit, really. |
|
|
|
|
I've been scammed there before for coins. Systemglitches caused coins to disappear and support (erundook) just told me they were not there anymore and he could do nothing about it.
I left back then.
|
|
|
|
There's approximately 298 BTC worth of panda before 50. Even though he owns 25k worth of panda, I find it hard to believe this guy has control of 200k he'd be willing to toss at Panda in an attempt to move the market. So many coin holders would come out of the woodwork selling for whatever.
I don't see it happening.
the guy is talking about marketshare ... think again ... there is a breakingpoint where one could calculate that even if it costs you x btc to raise price 10% you could with that action raise the value of your holdings by multiple times that x btc if your share in the coin is just big enough. Imagine you would hold 99% of a coin. You could fix the price wherever you wanted. i think after this has surfaced here he has no choice but to buy it up quick before everybody else thinks and buys before him and sets up sellwalls and his plan fails. So if he doesn't want to fail he needs to act quick. Then again this could be deception and op is actually himself wolong that wants us to buy panda up while he is only watching. Who knows ... either way i think panda will be up 500% tomorrow I don't disagree that it could happen, but if he's anywhere close to 50% there are billions and billions of coins in sell orders just in 1-10, his orders would all be placed behind those. that's why it could make sense for him to buy that bunch of orders pretty much in one go. edit: but i think since this thread is going now he is also likely to just dump his stash and move on. He already took profits from panda. it's a gamble for everybody. When will devs and investors understand that everybody could be rich if people would cooperate in a sustainable project instead of pnd and scam each other. I don't think that there always needs to be a looser in this game. Unfortunateley people don't see that and do whole day nothing else than ripping each other off because that's probably the only thing they know. What? Unfortunately, there is always going to be a "loser" when it comes to these types of markets that have no solid backing of some sort. The way this works is that people are essentially pooling a bunch of money and then redistributing it. After all, there is always somebody who buys at the top. And when somebody buys at the top, that person is going to be a loser unless he can make someone else to be a loser by selling it for more. But in that way, the loser title is just passed on to someone else. yeah, that's pozi pnd scam what you discribe. Crypto can be that. But as you also notice it happens because of no solid backing. Crypto can also have potentially endless value since there is nothing physical that holds the price down. It is the only investement out there where this is true. Everything else comes sooner or later to a halt in growth just because of the physical boundaries. Crypto doesn't need to care if it quadrupeled already. It can quadruple again and again and again if it is done right. Just sayin'. There needs nobody to be a looser for buying on a top when it is pretty much guearantied that it will go higher later and not fading away (look at bitcoin). It is not a ponzi if it has sustainable growth for long, long periods of time and doesn't fade away after pump and dump but is being used for years for real purposes instead. So on the one hand you have pnd-scamcoins that were never designed to survive longer than a few months or even build a real community or having a real purpose - they are just for making someone a quick buck by presenting an illusion of the real valuecoin and fool people to buy into it for the quick buck and on the other hand you have coins with vision, community, purpose, and goals that appeal for long periods of time to new investors because after years of growth they can still be expected to harvest gains (for every participant) and also don't crash so much. Oh well, this is not exactly pennystocks. Crypto can have greater potential than just being used for ponzis. PnD is really the low end and it gives the coin and those who do it a bad reputation. |
|
|
|
The LTC/BTC pair chart is full of brief pumps followed by months long decline. Don't see why it would be any different this time.
same patterns maybe but one scale bigger - last time we startet from 5$ - this time from 15$ ... expect a brief moment of 60-80$ for ltc in coming months. Also it could have an stable upwardstrend with not much spiking and crashing instead of bubbling up from panikbuyers like we know it since those people could be out of the market or less panicky. If it doesn't bubble and crash, bubble and crash like in the past but trade up on a steady path instead it will keep most of the value it gains since the correction afterwards would only be mild. So less crazyness would actually maybe not be a bad thing for longterm valuebuilding. If it is traded like that this time around you'll see also new investor come in later because a steady uptrend with less downrisk attracts new investors for sure. That's what i would expect this time since crypto is known now and people don't need to panic so much with all the nice altcoins around (a train leaves every day somewhere) and everybody had now months to buy in low prices. So maybe it is less crazy but not less profitable this time. less spiking and crashing - more consolidating between periods of uptrends. Just a guess. I'd expect less volatility on btc and ltc overall. Also serious investors would buy over time and you maybe don't notice the new money at first before it becomes obvious as the uptrend could take longer timeperiods than expected. It is actually possible for bitcoin to always climb in price and never loose much given it is traded more calm than last time. It is designed to actually show that behaviour. I'd expect long, long, long periods of slow and steady gains as soon as new money silently floats in. All the pumping and dumping crazyness hurt everybody cuz it holds coinvalue low, leads to monopolised rippoff-coins and also keeps away more serious investors. so that could be the alternative to the known spike, crash and long decline patterns. We are now possibly in between the old and the new patterns. So you could see a bit of both right now. I mean look at ltc today! No spike, no crash - and that in the face of huobitrading! In those less turbulent conditions then even some altcoins could mature. Expect to make moneeez |
|
|
|
|
ok, i admit now i was overreacting. I was just very confused that ltc broke free in this way from btc and thought btc could fail and ltc would go to 0.2 btc or something. All good now... floor for btc
alts should be a buy now when we start the new bullcycle here and now.
Happy trading guys. And never panic like i just did like a freakin' noob! ... lol ... lost me tradingfees now ...
|
|
|
|
|
the thing is:
as far is i know it never happend before that btc falls down while ltc drives up. And this is a trend now. Don't want to spread fud but get ready for some volatility
|
|
|
|
|
i am converting to fiat, alts and ltc
see you later bagholders
|
|
|
|
|
My btc don't confirm no more. Blockchain.info is down. Ltc skyrockets and btc falls to the floor. Someone has information on this?
|
|
|
|
|
pumpers are buyers and dumpers are sellers
hoarders on the other hand are savers
but i think you all prefer the more violent vocabs
so yourself are a pumper when you buy. Does it answer your question who 'they' are?
real pnd also happens - but that's the alts with tiny marketcap not the bigger ones.
sometimes supply can be unsufficient and a coin bubbles up. It may look afterwards like a pump and dump what in reality was a bubble that was not intentionally created by a single person.
most of the real pnd-people should come from pennystocks markets i think
|
|
|
|
|
noone cares ... we are still busy with failing on other stuff. Please wait for everybody to be ready for the next fail - we didn't finish up failing with other coins. please wait.
|
|
|
|
this thread is signal to buy. buy, buy, buy  (soon) |
|
|
|
Gustav and Xardas,
I understand your point of view and I think it actually makes sense. In a sense, anyone who publicly picks stocks can alter preferences, and due to that, could potentially increase demand/prices of recommended stocks. The point is valid. That said, the formula should be altered repetitively (and regressions rerun repetitively) in order to adjust for new historical data. If I do post the regression results, it will be in an academic journal.
But, getting back to posting results and boosting demand, I suppose that's an additional reason why this "could" work. But, what I was aiming to do was really test the theory here. Nothing more. I wasn't willing to toss too much money into this, and as the guy who created the model saying that I wouldn't bet on it (yet),... it would be crazy to invest your own money. Thus far, some days have worked, others not so much. But, on net, I think it's working to a degree, as winners are up. To give a bit of insight, I feel my formula is pretty much based on economic theory and swings. When I say swings, I mean it's not surprising that stocks (or in this case altcoins) that have huge swings would revert back to a mean. Since, it's a panel regression model, this is particularly true because we can measure "relative" swings from coin vs coin in variables. I use the variables on coinmarketcap.com to construct the model.
Like I've said, I'd love to figure out how to run the model consistently and do it in an easier fashion. Meaning, I'm a statistics/econ guy, not a programmer. The regressions are easy. But, I'm manually pulling the data off coinmarketcap.com. Then, I'm adjusting the data, which is labor intensive. Then, I'm plugging in the forecasted model to create a price change for each coin. The process is a pain in the ass and it's becoming more complicated as new coins enter the market. This is one reason I haven't been able to really keep up with it as much as I would have liked.
Ideally, I'd be the regression guy. That's it. That's where my experience comes from. The data pulling, the programming, etc... I'm not efficient with that. There's probably a way to do this in an easy manner if the community really wanted to get behind it. I mean, the truth is it could be automated. But, who knows if that will ever happen. Time will tell there.
please link us the articel here as soon as it is published. Since i think pricechange depends on a lot of factors of which not every one is a quantitative one. Since prices are multicausal the formula should become better the more influences are captchered in it. For example: Buy/sell depth on the books and how exactly it is distributed and changes is one thing. History data is another thing, then the overall mood of the market, then the blockrewarddecrease, then the change in networkhashrate and other thing. Then when you got it running and are giving out predictions regularly and gain attention you would have to factor in also the influence of your predictions (maybe deriven from views per day of your website) - there is many factors to consider. If you can catch the bigger picture it should be possible to get something useful from it. I will be watching this thread and waiting for the published first formula. Good luck with this. Agree 100%. The price change probably depends on a good amount of factors. Unfortunately, all possible variables aren't available in one location where I can pull all the data for each of the 100+ coins and analyze it across all cryptocurrencies. Given time, I think this may be possible though. For now, we can try to improve the model and see what is working and what is not. Ideally, we'd get decent results with what we do have, which could only be improved upon once more data becomes more easily accessible or available. i guess you could also pull your data directly from first sources instead of using coinmarketcap.com Why not use exchange-api and pull data of networks directly from the walletclients (should be possible - i don't know exactly how though. You'd need some expert on this who can tell you how to pull data from first sources). All the data can be accessed already in realtime with highest accuracy. coinmarketcap.com is a mix of data from differet exchanges. Other pages calculate slightly different numbers. I am not an expert on the technical side. You'd need possibly someone who can tell you how to pull in the most accurate data in realtime. It is possible. That will be a some effort though to set that up for each coin. I'd recommend you look for a technical expert who can tell you where to get your desired data from in the most convinient way. Data is there already - you only need to know how to access. Someone help this guy to get him accurate realtime data! |
|
|
|
|
edit: deleted. Was on overreaction.
|
|
|
|
yeah, let's abandon bitcoin and leave it to Karpeles and the fbi.
Let ltc and btc swap places - why not?
It is a long way to go. ... something like that can escalate pretty quick when it becomes obvious to everybody that btc went on a downspiral while ltc is on the surge and that for longer periods of time. I think it is not completely impossible. We have seen other crazy things around here. Crypto is crypto and when bitcoin was damaged too much then so be it. Let's do the silver token, ok. I don't sell a single ltc right now. We are used to btc/ltc moving together. This trend was broken today. Ltc and btc work today very independant. If this stays like that for some time btc-holders can be concerned i think. Right now my senses tell me: ltc is sucking the life out of btc. See if this trend stays that way. thanks for digging up that thread btw. Nice one. |
|
|
|
|
yeah, let's abandon bitcoin and leave it to Karpeles and the fbi.
Let ltc and btc swap places - why not?
|
|
|
|
|
Show Posts
