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1401  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][RDD] Reddcoin - The Social Currency- [PoSV] Official Release v1.3.1.0 on: August 09, 2014, 12:47:42 PM
is this wallet v1.3.1.0-ga81515d-beta
still okay?

above I don't know, using v1.3.1.1-unk-beta (hand assembled from git master) and staking every 48 hours 1000 RDD's lands on my lap

good morning and happy weekend, seems Cryp is down, and their RDD address can not accessed, bittrex is up however, and last price 11 BTC, let me scan twitter sphere, reddit , for me is off 5 sat, soooo closer and closer to the IPO pricing, feel lots of people secured their wallets under the key with intention to come back in 5 years to check the charts, I just love the action, I feel alive then ...

here is my prediction for the future, I know and I am certain 100% that price can not reach -1 BTC  Cool

v1.3.1.1-unk-beta is this official wallet? i cant see the link in the front page

you will not able to use that wallet that is for something else

you kidding right ?  Cool let me open wallet using website downloaded wallet
1402  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][RDD] Reddcoin - The Social Currency- [PoSV] Official Release v1.3.1.0 on: August 09, 2014, 12:43:41 PM
is this wallet v1.3.1.0-ga81515d-beta
still okay?

above I don't know, using v1.3.1.1-unk-beta (hand assembled from git master) and staking every 48 hours 1000 RDD's lands on my lap

good morning and happy weekend, seems Cryp is down, and their RDD address can not accessed, bittrex is up however, and last price 11 BTC, let me scan twitter sphere, reddit , for me is off 5 sat, soooo closer and closer to the IPO pricing, feel lots of people secured their wallets under the key with intention to come back in 5 years to check the charts, I just love the action, I feel alive then ...

here is my prediction for the future, I know and I am certain 100% that price can not reach -1 BTC  Cool

v1.3.1.1-unk-beta is this official wallet? i cant see the link in the front page

sorry I don't want to confuse you, v1.3.1.1-unk-beta is for wallet in master git repository not from the website

I am very lucky I can build software .. also it helps to beta wallet as master is where latest commits are

I am pretty sure if you grab wallet from the website it is the correct one and will stake, anyone please confirm my answer and this gentleman query , thanks
1403  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][RDD] Reddcoin - The Social Currency- [PoSV] Official Release v1.3.1.0 on: August 09, 2014, 12:21:36 PM
is this wallet v1.3.1.0-ga81515d-beta
still okay?

above I don't know, using v1.3.1.1-unk-beta (hand assembled from git master) and staking every 48 hours 1000 RDD's lands on my lap

good morning and happy weekend, seems Cryp is down, and their RDD address can not be accessed, bittrex is up however, and last price 11 BTC, let me scan twitter sphere, reddit , for me is off 5 sat, soooo closer and closer to the IPO pricing, feel lots of people secured their wallets under the key with intention to come back in 5 years to check the charts, I just love the action, I feel alive then ...

here is my prediction for the future, I know and I am certain 100% that price can not reach -1 BTC  Cool

and people are buying (one of bittrex orders)

8/09/2014 08:03:15 AM    BUY 0.00000011   1,439,852.61954545   0.15838378
1404  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][RDD] Reddcoin - The Social Currency- [PoSV] Official Release v1.3.1.0 on: August 08, 2014, 07:27:36 PM
mid day break

please all of you work on or investigate or think about deep software engineering problems to help REDD reach merchants long term

https://github.com/weex/oscommerce-bitcoin

cryptsy is is still ($402,313 USD) not good, work towards exiting all exchanges and focus on software development

because of this, market is still playing games and probing 15 it will very likely probe till 10, till crytpsy account is exhausted 402K is a lot of money but minimal if payment systems are in place even if they are imperfect

off, need to purchase another Raspberry PI controller, expanding mining operation, btw use Raspberry PI or Beagle Bone they are perfect controllers

talk soon
1405  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [QCN] QuazarCoin | Full privacy&data protection | Egalitarian PoW on: August 08, 2014, 12:06:38 PM
BITTREX : his market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on Aug 1st unless the average trade volume for the last 7 days exceeds 0.1 BTC

No worries, this is news from last week. Also Bill from Bittrex answered me

Quote
QuazarCoin barely dodged the bullet this week but will be a candidate for next week.


short term it is not good to be delisted of course, long term it does not matter, people are mining this coin regardless, it comes in waves (we only have so many spare CPU's/GPU's )

actually exchanges love volume/need volume/care for volume to make their payroll and pay off servers, they fulfill the need, its all good, on bittrex or off

to you dear investor check the emission curve, it is phenomenal, it is actually better than bitcoin emission schedule (over time) in addition and speaking from experience, I had never had problem with the wallet/blockchain (here) some others (wont mention what) is not always the case

have a great day and stay positive

btw does anyone know if this project (Payment module for osCommerce catalog and shopping cart software) https://github.com/weex/oscommerce-bitcoin can or is compatible with Quazar (cryptonite technology in general) ?

thanks much

 Cool
1406  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][RDD] Reddcoin - The Social Currency- [PoSV] Official Release v1.3.1.0 on: August 08, 2014, 11:09:13 AM
good morning (to sound like an radio  Cool

situation of current

stake for 8/8 has occurred to the amount of almost exactly 1000 RDDs' (but yesterday was skipped despite running wallet 24/7) so it appears at least in my case frequency is every 48 hours

  • used social wallet with fantastic results (nice people on the IRC chat there too) found out much information on the past history of RDD

  • further cryptsy account depletion to below 18% but sill large 6 digit FIAT therein, but this is very good development)

  • Cryptsy RDD price lays at 15 flat someone bought 4.5 million yesterday at that price (congratulations, you beat me to 1 satoshi x same amount, cold beer and a steak not even glass of wine, for that one would have to beat me by 10 15 satoshi) large green spike on Cryptsy it stands out as volume has gone down there too, which is to sadness of Cryptsy , but not necessarily sadness to me/us (of the key elements, and not just in case of REDD eeeevery single coin out there, is build up of the infrastructure from social media injection (we shall see how that goes, I doubt centralized coin such as if would be created by facebook *facebookcoin* I just dont see that possible or *twittercoin*, it is even funny to contemplate) would be accepted, too much control, hence REDD potential in that space, then we have ATM potential and wiring merchants with payment system to REDD (this last can be done right now, tools exist)

  • Interesting idea by a merchant was posted on reddit yesterday, willing to take REDD for payment

    this is exactly future and I am not speaking here of just REDD but in general, too bad I am quite busy, but this is the kind of thing if anyone can help with it is exactly type of thing will propel value of this crypto to heights before unknown, this is waiting to happen (merchant API aka paypal like system, implementation global hooks to social networks, someone will start a business from it watch..

ref. merchant query

http://www.reddit.com/r/reddCoin/comments/2cxwn1/saw_a_few_posts_today_about_reddcoin_ecommerce/

ref. cryptsy address status

RiCqj4XiVYMbyZrACpZhx8veBApK2yMyx1   2014-08-06 16:51:50   2014-08-06 16:51:50   1            17.92%   4,836,969,388 RDD ($427,308 USD)

--

another close to 2 million REDD order popped in, just now, do it before Cryptsy account is still around, as people really got angry I think on low ball manipulation that took place, in the future I have indicated that coins will be harder and harder to get, a kind of "white label" coin , most coins will be exchanged via tips (which is a form of payment although one-directional often, and of course on more serious expansion merchant systems

--

The most important part of the road map (to me at least) is "Social Broadcast" , tons of money right now is being made by traditional business in that space using obsolete and old technology, few are successful to reach real consumer, and much % is lost (of lost customers/transactions etc) this is what you all are sitting on (potential) and maybe I focus too much on business, but if profits are to be made I prefer them to bypass middle man and go directly to producers and consumers to rip benefits of lower prices...

1407  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PLNc] PLNcoin - Polish cryptocurrency - giveaway for Poles on: August 08, 2014, 10:09:27 AM
difficulty is now at 6.06763419 block # 165,966 

reward halving will occur at checking ....  438,000

nice recovery and my prediction is that coin will strengthen   

no further comment from me at this time
1408  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MAX] MaxCoin - Alive and Kickin' on: August 08, 2014, 10:00:34 AM
To the people claiming that there is no development taking place, are you living under a rock? Or do you just choose to ignore everything that doesn't confirm your bias?



BitXATM are launching 1,000 ATMs in the US, all of which will be capable of transacting in MaxCoin. They will also have PoS devices for point of sale purchases. How many other altcoins can make that claim?

Maxcoin also has raised $100,000 in crowdfunding to create a physical silver MaxCoin. The demand seen for this was huge which shows how much support there is from community to fund worthwhile projects.

MaxCoin will also be accepted on StartJOIN in the coming weeks for the purpose of making pledges towards crowdfunding projects. StartJOIN is the only serious crowdfunding platform embracing cryptocurrency, and is aiming to be a large player in the crowdfunding market. This gives maxcoin a unique use case. StartCOIN was created specifically to incentivise use of the platform, and is in no way a competitive threat to MaxCoin in this regard. The two currencies complement each other, and there will at some point be a market to exchange maxcoin and startcoin.

MaxCoin has also been adopted onto the NXT multigateway decentralised exchange. Yes, that's right. A decentralised bitcoin:maxcoin exchange! How many other alts are talking endlessly about this but getting nowhere? The maxcoin devs don't just talk, they act... and get things done.

In addition to that, the TXTCoinsNow project will enable payments in maxcoin without the need for a computer, a smartphone or even an internet connection. This project aims to bring max to the unbanked people of the world who do not have the privilege of owning expensive computing hardware. All that is needed is any regular phone to send and receive payments in maxcoin.

There is also a project underway to create an FPGA for mining maxcoin. This project has raised almost $20,000 in funding to date and already has the hardware ready to go as soon as the VHDL programming is complete, and we have a working SHA3 implementation interfaced with cgminer.

We also have paper wallets, QR codes, a working minikey format, deterministic wallets, an ad-free faucet that pays out more in Satoshi value than any other faucet. Work is underway on an android wallet, and our web wallet is about 80% completed. A port of bitcoin-abe is also in progress. There's an active community on maxchat.info and maxtalk.org who are dedicated to making the coin a success, and a community bounty program will soon be launched in a free market based attempt to develop the infrastructure of the coin.

The devs also acted quickly to patch an exploit of the Kimoto Gravity well retargeting algorithm that was used to successfully attack auroracoin, making maxcoin the first safe KGW coin. We take blockchain security very seriously. And despite a prolonged period of a single mining pool controlling over 51% of the market, no 51% attacks were attempted and now the mining community have addressed the issue such that no single entity controls a dominant share of the network hashrate.

The dev team are also in talks with major silver bullion dealer in the UK to discuss the possibility of backing the currency with silver. This is a long way off, but reveals the fact that the team are serious about the long term success of the project.

These points merely scratch the surface of the development work that is currently taking place, so how anyone could try to honestly claim that no development is being done is beyond me. You are either being dishonest in your criticisms or else you are being wilfully blinded by your own biases.

Some of the comments in this thread are actually laughable. And some of you wonder why the MaxCoin devs have no time for this forum? What is the point of trying to convince bitcoin evangelicals who don't want to be convinced anyway? It's a waste of time and energy, and time will prove you wrong anyway. Enjoy the schadenfreude while it lasts, because MaxCoin will have the last laugh...

Very good post, so I thought I would bump it.

Also.  For anyone who thinks that Max Keiser is an a$$hole, you are probably right.  But remember Max Keiser has approximately 20 million viewers on RT for Keiser Report.  A lot of those people will watch the show because they DO like him.  What other altcoin has a PR agent as big as Max Keiser?  He was the reason why a lot of people got into Bitcoin in the first place.  Most people I mention Bitcoin to haven't heard of it but of the ones that have, they usually attribute it to Max Keiser or bring his name into the conversation.  He seems to be big in the UK.

If you think about it there are probably thousands of people out of the 20 million that hang off his every word, who are not financially savvy, but believe what he says because he says it louder than the next guy.  Some of these people will see the success of Bitcoin and want a piece of the action.  There could already be 1 million Maxcoins soaked up by people who wont sell until the price is in the $10's or $100's.  Might never happen, but for all intents and purposes those coins are hoovered off the market.  Max hasn't even give the big buy signal yet, when he does all hell could break loose.  Remember he has the inside scoop, he has the capital and he has the publicity.  Whatever he says can become reality!

This coin was not pre-mined, so..... if Max himself wants a piece of the action then why would he pay 10,000's 100,000's or even 1,000,000's of satoshis per coin when he can suck them up at a fraction of the cost by just pretending to release news at a given date/time and then not releasing it?  Or even better, announce another coin.  Max worked on wall street for many years.  He has participated in many pump and dumps.  He knows how to make value disappear and how to make it rise.  And most importantly he knows how to increase his position/holdings.  What do you think he is doing?

Guys.  I want the price to go lower too so that I can grab some more at a bargain price.  Dollar cost averaging is a bad idea for all altcoins because you will lose in the end.  Not this one.  I believe Max is positioning himself to make a killing, of course he cant announce that or the price wont keep going lower for him to accumulate more.  Yes, I'm putting a lot of faith in this coin but from reading between the lines I think I could be right, and I for one don't want to miss this bus!  I believe in you Max Keiser (even though I might not like you)  Tongue Tongue Tongue



this is powerful, it also does look good, very Star Trek
1409  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine on: August 07, 2014, 07:53:33 PM
I may be very wrong here, but I don't understand how it makes a difference for me who mines the coins?
Having a large private GPU sounds like something that would put the pressure on the price downwards and make for cheap coins until a public miner is released.

You are correct.  It makes no difference whether the tiny relative percentage of hence-emitted XCN/XMR/BBR were NerdMined by low level coders and their bot herder buddies, or airdropped to all mankind via postcard, because the market/exchanges adjust distribution to what is most economic.

The (artificial) problem here is the Free Stuff Army likes pretending that equality of outcome is the only form of fairness.

Too bad for them Nozick publicly demolished their nonsense-on-stilts back in the 1970s:

Quote
Nozick's famous Wilt Chamberlain argument is an attempt to show that patterned principles of just distribution are incompatible with liberty. He asks us to assume that the original distribution in society, D1, is ordered by our choice of patterned principle, for instance Rawls's Difference Principle. Wilt Chamberlain is an extremely popular basketball player in this society, and Nozick further assumes 1 million people are willing to freely give Chamberlain 25 cents each to watch him play basketball over the course of a season (we assume no other transactions occur). Chamberlain now has $250,000, a much larger sum than any of the other people in the society. The new distribution in society, call it D2, obviously is no longer ordered by our favored pattern that ordered D1. However Nozick argues that D2 is just. For if each agent freely exchanges some of his D1 share with the basketball player and D1 was a just distribution (we know D1 was just, because it was ordered according to your favorite patterned principle of distribution), how can D2 fail to be a just distribution? Thus Nozick argues that what the Wilt Chamberlain example shows is that no patterned principle of just distribution will be compatible with liberty. In order to preserve the pattern, which arranged D1, the state will have to continually interfere with people's ability to freely exchange their D1 shares, for any exchange of D1 shares explicitly involves violating the pattern that originally ordered it.

Darkota, you are not sufficiently specialized in coding/mining to compete with those who are.  So shut up about your boring inadequacies and buy cheap coins like the rest of us.  This is Game Over for your massive sense of entitlement, but not for innovative and fairly launched coins like XCN/XMR/BBR.


+1
eeeeexcellent write up

here is yet another thing and it has to do with if you really like reaaaally want GPU miner for AMD, learn how to code and write one! in this way you beat the competition!

this goes for any coin, on an occasion I have tweaked open source and replaced c/c++ routines with Linux assembly.. of course I wont publish these, in one case, case of primecoin I have replaced Fermat factorization, good ol' days before GPU came along

many things are possible

I am a simple man, but do appreciate your philosophically and politically motivated write up, now s* up (speaking to all lol) and mine to paraphrase the expression "sh up and dance"  Cool
1410  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][RDD] Reddcoin - The Social Currency- [PoSV] Official Release v1.3.1.0 on: August 07, 2014, 07:08:42 PM
top RDD address (crypsty) just got down to under 18% (was at ~ 27% when I first looked)

RiCqj4XiVYMbyZrACpZhx8veBApK2yMyx1   2014-08-06 16:51:50   2014-08-06 16:51:50   1            17.92%   4,836,969,388 RDD ($450,755 USD)

excellent lads, watch correlation between this information and market manipulation

this still represents a bit less off half a million dollars, can't break down above, if this would be possible you could calculate risk of sellout (if such was to occur, and there is 0 guarantee of that, someone is probing if a rebound can happen afterwords)

next I am trying social wallet for the first time  Cool

man wish I had 10% of that!

this is indeed more of a curiosity of mine, % breakdown on the above address, it could also help in general to study crypto market exchange and it's behavior  Cool

right now I am glad for two reasons, serious drop in overall % allocation to this address (less coins in the circulation) of course one could put coins back.. but I dont believe on such a scale.. also bittrex resurrection and exchange diversification

1/2 million dollars is still too much money out there and it needs to go, either this will happen by a premature sellout or removal and store (wallets) third option is crypsty itself owns RDD and has stake in that % (no way to tell) and amount will be left on the exchange, why would they do that is a good question, as it is not safe

with social wallet I will keep my nick handle (on IRC chat) and looking forward to connect to you thru this channel  Cool

ref. REDD social wallet

https://github.com/reddcoin-project/reddcoin/releases/tag/v1.3.1.1

this is important "the binaries are prefixed with "reddwallet" instead of "reddcoin"

97 Meg binary! they packed features into it...  pretty exciting, no copy clone , new stuff... brb

everything works, minus some details on Mac which are not important,

a) copy wallet.dat from reddcoin/wallet.dat -> /redwallet/daemon
b) copy blocks and chainstate reddcoin/wallet.dat -> /redwallet/daemon

reddwallet does everything that redcoin wallet does and +

doing a and be will make wallet sync in full and allow you staking too

I am on social wallet right now in IRC chat, and it rocks
1411  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][RDD] Reddcoin - The Social Currency- [PoSV] Official Release v1.3.1.0 on: August 07, 2014, 06:56:11 PM
top RDD address (crypsty) just got down to under 18% (was at ~ 27% when I first looked)

RiCqj4XiVYMbyZrACpZhx8veBApK2yMyx1   2014-08-06 16:51:50   2014-08-06 16:51:50   1            17.92%   4,836,969,388 RDD ($450,755 USD)

excellent lads, watch correlation between this information and market manipulation

this still represents a bit less off half a million dollars, can't break down individual addresses above, if this would be possible you could calculate risk of sellout (if such was to occur, and there is 0 guarantee of that, someone is probing if a rebound can happen afterwords, but even this is not necessary if a person(s) bought at let's say 5 and sold it at 10) Redd has one of closest possible profit margins I have seen, but size of the profit is getting smaller and smaller, would love to know a single largest address in above, what it is its amount, is it 1/2 more ? trace that to first transaction and you can calculate profit margin

next I am trying social wallet for the first time  Cool these developments are by far more important to me and should be to you as well
1412  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine on: August 07, 2014, 04:16:36 PM
that will make a lot of difference if many people buy this coin rather then mining this coin.


All you're doing by buying this coin, is making the guy/s mining with the private gpu miner, very Rich.

I don't understand something, this project https://github.com/MiniblockchainProject/CudaMiner works like a charm with very powerful MHS, trust me I know  Cool 1000+ overnight, but moved since then (freed up GPU's for some other project(s)

so anyone with decent rig can achieve same and distribution, now... I am sure someone very early on pounded heck out of cloud (and could have been simple CPU but high frequency core, is where it is at) and collected > 100K and paid the price of course but that was his/her risk

cryptonite is a technologically solid coin, with some deep software innovation,

and btw MAXCOIN is far from dead

--

also not only GPU was released really fast, but it was done by this coin developer who actually apologized that greater speeds could not have been achieved, let me tell you Sir Mam, it is a decent GPU miner and thank you

--

although... I would restructure max coins lower it to like 2 digit millions. maybe, its entirely your call. lots has to with psychology I think
1413  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][RDD] Reddcoin - The Social Currency- [PoSV] Official Release v1.3.1.0 on: August 07, 2014, 12:02:59 AM
news on 16 touchdown (so off 5 sat for me, steak and wine could have been  Cool) is not as important as further 5% drop off cryptsy wallet, very nice

people seem not being able to withdraw redds fast enough from there

RfW8ireqDfVTtnyWSkiRQ8VVeM8KbwDht1   2014-08-06 14:47:29   2014-08-06 14:47:29   1            20.51%   5,536,969,388 RDD ($484,863 USD)

sooo.. whats next weeell, might go down to 10 sat of course, then 5 and then 1 (in theory) 0 or also in theory (delisted)

however people are pulling coins out as fast as they can (finally) and run wallets so decentralized network security without mining

see what happens in the next few days , even weeks, I am very optimistic, pull out of exchanges and onto POSv is exactly to avoid exchange manipulations as it is occurring right now

almost half a million dollars is still locked in cryptsy, so in priciple so much can be sold and "fire sale" prices, the same people might go in and sweep the floor and renew the game, so we need to leave to avoid this!

I agree. Getting the coins off of Cryptsy is important. I used to love Cryptsy simply because they had such high volume on RDD. But this recent BS has hurt them, and us reddheads very much. I finally got my 10 mill off. We need time for upward correction, But I suspect there will be trading between 13-20 for a few days... Hope I'm wrong and it goes higher...

supposedly "panic" of inability to login to platform caused some of this I don't know who is trading there but many are bait for real sharks out there with psychology tactics that rival CIA  Cool

look , tactics that they have employed (and are employing) could have been, sell at 30 down to 21, wait for situation like this Today depress to 16, cause further panic wait for panic sell to 10 maybe 5, perform major sweep off the floor and hold, so simple buy backs.. forex does this all the time, I dont believe a single perso has half a million dollars to play like that, but 50K maybe.. andby doing so one can double profits in very short period of time

I just dont think redds has been designed for exchange games but was designed to empower social media with a kind of payment system and beyond, so we need leave immediate and leave that person(s) with 50K without anyone to sell to

I don't think anyone was panicking over the log in issue. They have put a hold on withdrawals for the last 5 days. In order to withdrawal you had to open a ticket and wait up to 14 hours in some cases... Not sure the hyperbolic CIA analogy applies in this case. Simply put, Cryptsy was unprepared for this and lied about staking.

I see.. thank you! it was just something I read on reddit (that I follow also) 14 hours is a very long time and explains a lot,

btw reddcoin and reddit both on redd... just watched a documentary movie on one of the main creators of reddit.. Aaron Swartz , do see it is sad albeit important story

No problem.

With regards to Aaron, it's funny you bring him up. Without him, and unfortunately his death, I would've probably never gotten into crypto, at least not this early. I heard of his death and started reading more and more about him, his work, and his case. That led me to follow all sorts of characters and twitter and start using reddit. That led me to read about DPR and BTC and the deepweb. All of that led me here. Aaron is a hero. I hope one day, generations from now, he will be regarded by historians as philosopher of sorts.

Are you referring to the just released film, "The Internet's Boy"? If so, it is in my Vimeo queue...

well said, Aaron wanted a better world... yes "The Internet's Boy" traces his entire life, noticed that parents and his two brothers were smiling during the interview while describing his life how he was growing up, people that he listened to, people that he spoke to, regardless of what happened they truly loved him... enjoy the movie!
1414  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][RDD] Reddcoin - The Social Currency- [PoSV] Official Release v1.3.1.0 on: August 06, 2014, 11:59:38 PM
thank you, that is kind of you, some are just pure guesses I compare crypto exchanges as they are Today or how they are structured and operated to Forex market, many traders came from Forex to crypto, realizing potential of swing trades,

Failure of redd would put lot to questioning (at least in my mind) is crypto just to be played like a game on exchanges, like poker with hidden agenda and skilled manipulation and bluff and entertain cryptsy chat goers or is crypto much more than that a larger scope and scale such as you said above...

Yes, it is hard to work out much of what goes on. It is unfortunate that the sort of leverage available when a coin is massively pumped and people successfully get out at the top attracts short term traders in the thousands (but of course only a tiny handful reap the big windfalls). The ensuing instability can then completely kill interest from serious investors as it just looks like a casino play. What's important is to see a long term plan from the devs on what their coin is for/why it matters and consistent communication on the progress of moving through the phases and dealing with problems along the way. REDD seems to have most of this so we can but hope this is what it's truly about. If it starts getting used in real-world applications within social media it will catch on.

+1

nice, cool.. off to check my portfolio landscape, I think I am connecting to, like we all do, to important coins  Cool

did a quick scan of cryptsy chatbox, there are people there sitting all hours of day and night just having fun, I am talking back my critique about it, fun is important too, making one small exception and cross posting, a very interesting coin called cryptonite has arrived, with brand new codebase that is always nice, funny part was people were like oo no CPU coin botnets! and developer haha was watching the same day he put together GPU miner (which I used immediately thru the night and scooped +1000 ...) so these are fun parts of the community and developers and people just having fun and many do, have a great night (well is night my time)

 Cool
1415  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][RDD] Reddcoin - The Social Currency- [PoSV] Official Release v1.3.1.0 on: August 06, 2014, 11:26:50 PM
news on 16 touchdown (so off 5 sat for me, steak and wine could have been  Cool) is not as important as further 5% drop off cryptsy wallet, very nice

people seem not being able to withdraw redds fast enough from there

RfW8ireqDfVTtnyWSkiRQ8VVeM8KbwDht1   2014-08-06 14:47:29   2014-08-06 14:47:29   1            20.51%   5,536,969,388 RDD ($484,863 USD)

sooo.. whats next weeell, might go down to 10 sat of course, then 5 and then 1 (in theory) 0 or also in theory (delisted)

however people are pulling coins out as fast as they can (finally) and run wallets so decentralized network security without mining

see what happens in the next few days , even weeks, I am very optimistic, pull out of exchanges and onto POSv is exactly to avoid exchange manipulations as it is occurring right now

almost half a million dollars is still locked in cryptsy, so in priciple so much can be sold and "fire sale" prices, the same people might go in and sweep the floor and renew the game, so we need to leave to avoid this!

q327K091 I enjoy your many posts on here. It's an interesting concept, the movement of REDD from the exchanges to people's wallets. I had expected the price to jump temporarily when REDD went PoSV, but it's effectively halved in value. I'm still committed to it though and think the concept is very workable. Once the bulk of coins have moved to wallets and are into the staking cycles I expect things will settle and perhaps there'll be more focus on the coin's ultimate usefulness. Once people are actually tipping and passing value on through social media using REDD it will likely start to really grow in value. This is a long-haul investment.

thank you, that is kind of you, some are just pure guesses I compare crypto exchanges as they are Today or how they are structured and operated to Forex market, many traders came from Forex to crypto, realizing potential of swing trades,

Failure of redd would put lot to questioning (at least in my mind) is crypto just to be played like a game on exchanges, like poker with hidden agenda and skilled manipulation and bluff and entertain cryptsy chat goers or is crypto much more than that a larger scope and scale such as you said above...
1416  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][RDD] Reddcoin - The Social Currency- [PoSV] Official Release v1.3.1.0 on: August 06, 2014, 11:22:00 PM
news on 16 touchdown (so off 5 sat for me, steak and wine could have been  Cool) is not as important as further 5% drop off cryptsy wallet, very nice

people seem not being able to withdraw redds fast enough from there

RfW8ireqDfVTtnyWSkiRQ8VVeM8KbwDht1   2014-08-06 14:47:29   2014-08-06 14:47:29   1            20.51%   5,536,969,388 RDD ($484,863 USD)

sooo.. whats next weeell, might go down to 10 sat of course, then 5 and then 1 (in theory) 0 or also in theory (delisted)

however people are pulling coins out as fast as they can (finally) and run wallets so decentralized network security without mining

see what happens in the next few days , even weeks, I am very optimistic, pull out of exchanges and onto POSv is exactly to avoid exchange manipulations as it is occurring right now

almost half a million dollars is still locked in cryptsy, so in priciple so much can be sold and "fire sale" prices, the same people might go in and sweep the floor and renew the game, so we need to leave to avoid this!

I agree. Getting the coins off of Cryptsy is important. I used to love Cryptsy simply because they had such high volume on RDD. But this recent BS has hurt them, and us reddheads very much. I finally got my 10 mill off. We need time for upward correction, But I suspect there will be trading between 13-20 for a few days... Hope I'm wrong and it goes higher...

supposedly "panic" of inability to login to platform caused some of this I don't know who is trading there but many are bait for real sharks out there with psychology tactics that rival CIA  Cool

look , tactics that they have employed (and are employing) could have been, sell at 30 down to 21, wait for situation like this Today depress to 16, cause further panic wait for panic sell to 10 maybe 5, perform major sweep off the floor and hold, so simple buy backs.. forex does this all the time, I dont believe a single perso has half a million dollars to play like that, but 50K maybe.. andby doing so one can double profits in very short period of time

I just dont think redds has been designed for exchange games but was designed to empower social media with a kind of payment system and beyond, so we need leave immediate and leave that person(s) with 50K without anyone to sell to

I don't think anyone was panicking over the log in issue. They have put a hold on withdrawals for the last 5 days. In order to withdrawal you had to open a ticket and wait up to 14 hours in some cases... Not sure the hyperbolic CIA analogy applies in this case. Simply put, Cryptsy was unprepared for this and lied about staking.

I see.. thank you! it was just something I read on reddit (that I follow also) 14 hours is a very long time and explains a lot,

btw reddcoin and reddit both on redd... just watched a documentary movie on one of the main creators of reddit.. Aaron Swartz , do see it is sad albeit important story
1417  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][RDD] Reddcoin - The Social Currency- [PoSV] Official Release v1.3.1.0 on: August 06, 2014, 11:11:47 PM
news on 16 touchdown (so off 5 sat for me, steak and wine could have been  Cool) is not as important as further 5% drop off cryptsy wallet, very nice

people seem not being able to withdraw redds fast enough from there

RfW8ireqDfVTtnyWSkiRQ8VVeM8KbwDht1   2014-08-06 14:47:29   2014-08-06 14:47:29   1            20.51%   5,536,969,388 RDD ($484,863 USD)

sooo.. whats next weeell, might go down to 10 sat of course, then 5 and then 1 (in theory) 0 or also in theory (delisted)

however people are pulling coins out as fast as they can (finally) and run wallets so decentralized network security without mining

see what happens in the next few days , even weeks, I am very optimistic, pull out of exchanges and onto POSv is exactly to avoid exchange manipulations as it is occurring right now

almost half a million dollars is still locked in cryptsy, so in priciple so much can be sold and "fire sale" prices, the same people might go in and sweep the floor and renew the game, so we need to leave to avoid this!

I agree. Getting the coins off of Cryptsy is important. I used to love Cryptsy simply because they had such high volume on RDD. But this recent BS has hurt them, and us reddheads very much. I finally got my 10 mill off. We need time for upward correction, But I suspect there will be trading between 13-20 for a few days... Hope I'm wrong and it goes higher...

supposedly "panic" of inability to login to platform caused some of this I don't know who is trading there but many are bait for real sharks out there with psychology tactics that rival CIA  Cool

look , tactics that they have employed (and are employing) could have been, sell at 30 down to 21, wait for situation like this Today depress to 16, cause further panic wait for panic sell to 10 maybe 5, perform major sweep off the floor and hold, so simple buy backs.. forex does this all the time, I dont believe a single person has half a million dollars to play like that, but 50K maybe.. and by doing so one can double profits in very short period of time, so pretty good income and they watch everything carefully, even words I write here

I just dont think redds has been designed for exchange games but was designed to empower social media with a kind of payment system and beyond, so we need leave immediate and leave that person(s) with 50K without anyone to sell to
1418  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][RDD] Reddcoin - The Social Currency- [PoSV] Official Release v1.3.1.0 on: August 06, 2014, 10:58:54 PM
news on 16 touchdown (so off 5 sat for me, steak and wine could have been  Cool) is not as important as further 5% drop off cryptsy wallet, very nice

people seem not being able to withdraw redds fast enough from there

RfW8ireqDfVTtnyWSkiRQ8VVeM8KbwDht1   2014-08-06 14:47:29   2014-08-06 14:47:29   1            20.51%   5,536,969,388 RDD ($484,863 USD)

sooo.. whats next weeell, might go down to 10 sat of course, then 5 and then 1 (in theory) 0 or also in theory (delisted)

however people are pulling coins out as fast as they can (finally) and run wallets so decentralized network security without mining

see what happens in the next few days , even weeks, I am very optimistic, pull out of exchanges and onto POSv is exactly to avoid exchange manipulations as it is occurring right now

almost half a million dollars is still locked in cryptsy, so in priciple so much can be sold and "fire sale" prices, the same people might go in and sweep the floor and renew the game, so we need to leave to avoid this!

after this craziness is done for (and it will once above address drops to few % points), next phase is to empower dev and community, I keep thinking of these API's not sure if satoshi original API's are sufficient for developers to play with ie in merchant applications ...
1419  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][RDD] Reddcoin - The Social Currency- [PoSV] Official Release v1.3.1.0 on: August 06, 2014, 11:29:19 AM
Combined? My balance is about 1.1 million

that's pretty good!..I have 5 mil, and waited 48 hours! because so many wallets are staking now, and one probably could perform mathematical analysis (interesting subject by itself) such as Poisson random distribution analysis, you will definitely see stake , probably between 200 to 500 coins, for me it was 48 hours and even then there is no guarantee, definitely leave wallet open up and running I for example have a physical separate laptop locked under a key and password running and forget about it , I know 100% reddcoin staking technology works, as soon as you see stake, please report here, it could several days, or it could be one, make sure you look at debug console and make sure you are connected to nodes, look for any unusual errors, you can report that here also, as we all be glad to help

and unlock your wallet!! if you have not done so already (during stake of course, otherwise protect it as much as you can) and back ups on separate physical drives (suggest more than one backup)...

 Cool
1420  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][RDD] Reddcoin - The Social Currency- [PoSV] Official Release v1.3.1.0 on: August 06, 2014, 11:17:52 AM
Had some problems to get the new wallet run with my .dat file. Found that i should start with salvagewallet=1 and after that i dont have any errors. But i whonder how long time it should take to get staking rewards?? It says 17 hours when i check on the upper arrow. But it have been like 40 hours now, and it still says 17 hour?

grateful for some help

what is your combined # of coins ?
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