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14581  Alternate cryptocurrencies / Altcoin Discussion / Cryptsy Owns Paycoin Hyperstaking Prime Controller on: April 25, 2015, 11:45:38 AM
Quote

During a community hangout organized by the Paycoin Foundation, a surprise announcement was made that one Prime Controller is being held by digital currency exchange Cryptsy. The transaction was also posted about on the Paycointalk forums. According to that post, it seems plausible that the Prime Controller was given to get Cryptsy to update to the new Paycoin wallet.

Prime Controllers are a feature unique to Paycoin, although calling them a feature is a bit like saying a burning sensation is a feature of gonorrhea, it may technically be true but that doesn’t mean it is a feature appealing to anyone.

Prime Controllers are essentially wallets that stake at a higher rate than regular wallets. Originally, that was going to be 10% compared to a normal wallet’s 5%. It was eventually revealed that some Prime Controllers were staking at a rate as high as 350% compounded interest.


http://www.miningpool.co.uk/breaking-cryptsy-owns-hyper-staking-paycoin-prime-controller/
14582  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is NXT not the number 2 coin? on: April 25, 2015, 10:55:18 AM
Why is NXT not the number 2 coin?



Why does it have to be a measure of penis's around here (or is it peni)?

So NXT's economy shouldn't be growing to more than a billion market cap, is that what you're saying?

CMC != economy

NXT's coins are limited.  If there is an influx of huge capital coming in NXT, naturally price will go up and the NXT economy will expand.

Marketcap is everything in this 'industry'.  If you're small you get ignored, if you're big everyone will notice you.  So hell yeah this is a dick measuring contest.
14583  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 25, 2015, 10:48:52 AM
I predict 0.0015 will be the bottom

Hard to tell really. If 0.0015 will be the bottom the price will not drop significiantly... However, I am afraid this is just the beginning of the exodus from Monero to Bitcoin and along the way back to fiat money.

Nah.  This is just a bunch of guys who bought at +.003 and are now selling at market and taking their losses.  This will end sooner or later.
14584  Economy / Speculation / Re: Do you think bitcoin will reach it's $1000 mark again? on: April 25, 2015, 10:45:48 AM
Well? Will it?

So far I've a lot of doubt.

Of course it will.  Is that even a question?  If someone says otherwise just think that we are Bitcoiners and do this

14585  Economy / Speculation / Re: This forum is not an indicator for the real sentiment anymore. on: April 25, 2015, 10:43:17 AM
If this is maturity then gawd help us. I think 'dead' is a more appropriate piece of terminology to use.

It's not being used by 'real' people in anything but piffling numbers and the speculators have probably been reduced to a bunch of die hards who'll never leave.

That's not a platform for healthy growth. It would be better to fall further and to be discovered by a new wave of genuine humans. 

Hyperbole much?

All it takes to bring new users and further adoption to btc is a rising price. If you don't think this bear market hasnt been engineered by a small number of heavy speculators then you are unlikely to see the next spark until the price unexpectedly breaks the downtrend line in the coming three months (on massive volume, ostensibly linked to some newsflow).



Good post.

14586  Economy / Speculation / Re: Are you bullish or bearish right now? on: April 25, 2015, 10:39:45 AM
The time of Bitcoin is coming.

gold:


bitcoin:
14587  Economy / Speculation / Re: Are you bullish or bearish right now? on: April 25, 2015, 10:32:56 AM
Just vote on the poll and maybe add a comment why.

Very bullish.  We have just reached bottom.  This is a good time to buy.

"Bottom"

We are Bitcoiners!

14588  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 25, 2015, 10:30:13 AM
The trend is over.  I got in at .00125, got out at .00285.

Nice trade.


Thanks.  I could have sold a little earlier at +.0035.  But with XMR, you never know...  It could go beyond .005, so decided to set a stop order at .00285, so whatever happens at least I have some profit.
14589  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 25, 2015, 10:27:35 AM
The trend is over.  I got in at .00125, got out at .00285.

More stuff like this, so I will feel more comfortable in buying again.  Cheesy

Oh don't get me wrong.  I love XMR.  What I said doesn't mean I won't be back.
14590  Economy / Speculation / Re: Good time to invest in btc? on: April 25, 2015, 10:18:51 AM
i always agree to buy and invest when bitcoin down to 200 USD , and now i think the right time too for buy bitcoin as much as you can

Buy on bad news
Sell on good news

That's the only advice anybody ever needs to have when trading in anything really.

Buy when there is blood on the streets.

Now is the perfect time to buy, people are panicing, selling.
The price is going down.
Now is absolutely the perfect time to buy.

14591  Economy / Speculation / Re: Compare gold chart to bitcoin chart. Very similar. Must see. on: April 25, 2015, 10:17:43 AM
Nice observation.

14592  Economy / Speculation / Re: Good time to invest in btc? on: April 25, 2015, 10:15:17 AM
^ Don't listen to the naysayers!  They don't want BTC to go up because they are shorting it.

Short from $236, but that had nothing to do with my post. Whether a few little fishies decide to buy in or not isn't gonna effect my trading. I would've given the exact same advice last week when I was long and waiting for a bounce.

And the people who actually need advice like this aren't gonna be moving in and out of the market like me, at least, I hope not. They're just looking to buy some coin to sit on for while. If they were a trader I'd tell them to wait for the giant red dildo and go all in but it'd be irresponsible to give advice like that to someone who doesn't know what they're doing. They might foolishly decide to go 20x long and get rekt where they would've been fine in a non-leveraged trade.

We are Bitcoiners!

14593  Economy / Economics / Re: Buy now or wait ? $41,000 to invest in bitcoins and litecoins on: April 25, 2015, 10:12:43 AM
40% BTC, 20% LTC, 25% DOGE, 15% ZET

LOL!  ZET???  Wtf?!
14594  Economy / Economics / Re: Buy now or wait ? $41,000 to invest in bitcoins and litecoins on: April 25, 2015, 10:10:40 AM
Smart money is in Doge too.

+1

go

$10K LTC
$20K BTC
$11K DOGE

IMO



HAHAHAHAHA!! 

14595  Economy / Speculation / Re: Good time to invest in btc? on: April 25, 2015, 10:06:29 AM
i always agree to buy and invest when bitcoin down to 200 USD , and now i think the right time too for buy bitcoin as much as you can

14596  Bitcoin / Bitcoin Discussion / Re: Does Bitcoin Has What It Takes To Replace Fiat? on: April 25, 2015, 10:02:56 AM
Last year Bitcoin was labeled as the worst investment of 2014, however, bitcoin believers can topple fiat currencies as the widely used mode of payment all over the world. The technology behind it and bitcoin's scarcity can both pose a threat and bitcoin's selling factor. But the question is, can bitcoin really substitute dollar or other currency sometime soon?

Of course it does.  Is that even a question?  If someone says otherwise just think that we are Bitcoiners and do this

14597  Alternate cryptocurrencies / Altcoin Discussion / Re: Dogecoin founder quits cryptocurrency industry on: April 25, 2015, 10:00:42 AM
Hmm, Dogecoin was actually planned as a pure joke coin before they realized it will really succeed. So, in my opinion he was never really interested in bringing something substantial into crypto world except a meme coin. It's not a big loss.

And then the Doge community decided to take the coin and themselves seriously.
14598  Economy / Speculation / Re: Good time to invest in btc? on: April 25, 2015, 09:58:35 AM
^^
Dude is too emotionally attached to his coins to sell them.  Tongue

We are Bitcoiners!

14599  Economy / Speculation / Re: This forum is not an indicator for the real sentiment anymore. on: April 25, 2015, 09:57:44 AM
If this is maturity then gawd help us. I think 'dead' is a more appropriate piece of terminology to use.

It's not being used by 'real' people in anything but piffling numbers and the speculators have probably been reduced to a bunch of die hards who'll never leave.

That's not a platform for healthy growth. It would be better to fall further and to be discovered by a new wave of genuine humans. 

We are Bitcoiners!

14600  Economy / Speculation / Re: You are not a real Bitcoiner if you don't buy now. Shame on you! on: April 25, 2015, 09:53:40 AM
Let's prevent this from going down by proving ourselves.
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