Some good news for CryptoBullion, CBX has just been added to https://www.banx.io exchange. (...) Check out the exchange if you havent before, i'm hoping that this will another place i can trade CGB and help keep our options open for trading without restrictions.[/center] It is good that they are transparent about their liquidity, but if you look on their liquidity page you'll see that the sum of cold and hot BTC wallet is 29% less (20 BTC) than what they owe their customers. That doesn't look like an exchange where I want to put my money... |
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Well as elambert warned, with the changing of the guards comes market turmoil at Cryptsy. This opportunity won't last forever: one way to play this smartly is to place big bargain priced buying offers, and patiently wait: in the past couple of days with the huge amounts of CBX being sold, many of these low offers have been filled. I still believe what we are doing will make CBX worth a lot more in the future, so I placed a few massive low buy offers myself  . CBX hasn't changed since 1 week ago, same investor-friendly fundamentals which we are committed to keep; it just seems some large holders suddenly want out a little too fast. It really is a terrible timing for the seller(s) but, oh well, it's their decisiom and we will have more inexpensive CBX for us. Yes i saw some nice buying orders filled: 1167 CBX@30100 and 1500@25000. Maybe it will come even lower than this, but i'm happy with doubling my stack right now and didn't want to risk missing that opportunity  |
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... but not the country! I've seen this sort of thing happen before where one side insists that the real, uncorruptable threat be absent at any future meetings, so that they can perhaps try to work a flanker. I don't think that this tactic will do them any good. He will still be there in the background. As others have recently Tweeted, "Mission Accomplished." https://twitter.com/hashtag/MissionAccomplished?src=hash"The superhuman effort to honour the brave people of Greece, and the famous OXI (NO)
that they granted to democrats the world over, is just beginning." (Yanis Varoufakis) He can now come out and say what he really wants to say without being bound by any ministerial restrictions. Incidentally, he was elected to the Greek Parliament with the highest number of votes.  Just because Varoufakis may have appeared in Max Keisers' show, why on earth do you think that "connection" has any value for bitcoin let alone startcoin? Have you actually read any of the stuff Varoufakis wrote and said about Bitcoin? "The Crash of 2008 has infused our societies with enormous scepticism on the role of the authorities, both government and Central Banks. It is quite natural that many dream of a currency that politicians, bankers and central bankers cannot manipulate; a currency of the people by the people for the people. Bitcoin has emerged as the great white hope of something of the sort. Alas, the hope it brings to many people’s hearts and minds is false." (...) "In brief, while apolitical money is a dangerous illusion, a Central Bank that is democratically controlled (as opposed to the indefensible notion of an ‘independent’ Central Bank) remains our best hope for a form of money that is for the people and by the people. Bitcoin, despite its many interesting features, can never be that." http://yanisvaroufakis.eu/2013/04/22/bitcoin-and-the-dangerous-fantasy-of-apolitical-money/ |
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I still have the old client, havent run it for some months.
Do i need to swap coins? Or just install the new client and let it catch up with downloading the blockchain?
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PRT removed from coinedup exchange  |
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Maybe a community project by either taking over this coin or creating a new particle and allowing old PRT to be exchanged to new coin. That way the new coin inherits the entire PRT community.
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moonmoon, last active 04 june 2014...
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Call the new coin particle x. Do NOT call it particle 2, because you imply that the first version was bad, which it is not. PRT is in fact one of the few coins without blockchain issues, wallet issues etc. It is a good coin and current prices are a shame. But whatever you do, don't forget the PRT investors. The old coins must be able to exchange to the new coin. |
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omg, just seen the price - this is amazing, deal of the frik'en century! I might even make it into the 1k club at this rate   who are these dumping people I don't know who's selling. Prices are so low and buy support is so little you can maybe get 2 BTC for dumping 10k CGB... it's ridiculous to sell if you ask me. Maybe CGB fell victim to the "HODLERS". Too many CGB are in the hands of a few big whales, who are unwilling to sell and only get bigger because they have low buying orders? All you can do with CGB is hoard them, you can't DO anything with it. And because of that there is zero buying force, and instead of it only a constant selling pressure. That's the whole problem with CGB, you can't use it. If you can find some use for it, I'm confident we will see it rise like a phoenix.  |
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have you thought perhaps about getting CGB away from and onto other exchanges besides Cryptsy?
looking forward to the updated wallet, at the moment i have a small amount of CGB that i've kept for stake an added to over the past year. I now have almost 1500 in my wallet, but also feel a little burned the way its been manipulated on cryptsy. If i had spent the same amount of btc on CGB now at current cryptsy i would have 3-4x my current holdings, i'm not too obsessed about it, but i think CGB price would be more steady and resistant to manipulation and dumps if it were distributed across more exchanges then it is currently and a multipool was setup for it as well.
btw coinex should be removed from the exchange list, as the wallets were hacked and all coins stolen. Anyone purchasing CGB there would not be able to withdraw it.
Digit, I don't have anywhere near as much as you, but can you say a bit more about the manipulation you observe at cryptsy? I'm thinking about getting into more active trading but I'm pretty new so I'm trying to learn more first. There is barely any trading going on and no buying pressure to counter the possible dumping of PoS blocks by cryptsy itself? I don't know how big their wallet is. With a multipool at least you create some constant buying support and keep the price where it is (or maybe higher?). |
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I wanted to ask the community for feedback/input on some of our options. Proof of Stake has been brought up a few times in the thread. I've been watching Saturncoin closely as they are doing a migration to a Proof of Stake blockchain. I am curious to see how it works out in the end with the exchanges etc. But this is one option we can consider, to create a PoS version of Particle and do a coin swap in the way that they are doing it. I have shied away from it because it seemed problematic, but if they are able to do it smoothly than maybe this is something we could consider? What if we created it with a smaller money supply and did something essentially like a reverse stock split, and did the swap out at a 10:1 ratio or something similar?
Thoughts?
One of the things I really like about Particle is that it is a very fast currency, you can move PRT around with great speed which makes it convenient, so I want to do some testing/investigation with Proof of Stake to see if that speed can be maintained.
One of the challenges with the multipool is if people dump their payouts regularly, it somewhat defeats the purpose of the pool and the buy support. So, I'd like to continue considering all of our other options to keep pushing PRT forward. The development activity behind the scenes will continue obviously, but some of those developments take time to get to release. In the meantime maybe there are some other things we can also do.
We are starting to pick up traction on Twitter and social media, so that is a great sign. One step at a time....
I think if you picked up too much attention for the coin, a blockchain change won't do good. I think it will become too complicated for a lot of people and they will drop out. And you get a lot of unswapped coins (for all kinds of reasons) and people asking questions about that stack of coins. You'll also risk swapping a perfectly working chain to one with issues. If you still plan to go ahead with it, ADT did a blockchain swap, maybe you can ask the dev zackclark70 for information. |
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It does not seem to be that good of a deal. Did you calculated will it be profitable or not?
I bought them at a low level, didn't knew what to do with my btc at that point and this is better than doing nothing And not only i get returns on these shares i can also sell them with a profit. So that's why i ask if i can put them on a sell order and still get the returns until the order is filled. |
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Does anyone know if you get paid on your MN1 shares if they are waiting in a sell order?
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Wow, am I glad I sold my 10k AC a few days ago and bought MN1 shares for it at .0131 At the time of the shutdown I only had somewhere around 300 AC left, which I bought with payouts of my MN1 shares |
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Also note:
Your username in all cases should be your PRT address. Password can be anything.
Once we have this stabilized with a nice front end, I will add more coins and we can do profit switching in real time and be more optimized.
The way the multipool works is we mine other GPU and ASIC coins, sell them and then buy PRT on the exchanges and pay that out to the miners.
I don't know that X11 support is going to be easy to add, it seemed to really break the system. I'm sure we could figure it out. I have another test server that I can use to do that, but right now let's get Scrypt and SHA working so we can jump on new coin releases and maximize the support for PRT.
On which exchanges are the PRT being bought? |
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the wallet is very beautiful.  i want to buy some coins, but it's price is too high. Price may go a lot higher in the future |
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Thanks, I'll double check on cryptsy, I cant recall which exchange I looked at recently where there was literally no volume.
Probably Allcrypt. |
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It appears Coinedup daemon is offline for deposits and withdrawls of PRT, anyone know how long this has been ongoing?
Not very long, i made a withdrawal earlier today, maybe 10 hours ago. |
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CGB Core Team Weekly Update – April 1, 2014Please also see the Reddit post for further discussion., we have included a link to our community driven effort to translate CGB's new website! I would like to thank spac3_invad3r for bringing this up and stepping forward to help organize this monumental task! We must ask that all community members who are able to translate our website from English to any other language consider helping us to maintain our proud history of broad multilingual support. Nice system to work together with the translations. I will start helping with the dutch translation whenever I have some time to spare I'm at work and have many other things to do, so I will probably make slow but steady progress with this the coming week. But I am working on it as we speak And maybe there are other community members from the Netherlands so we can work together at different sections at the same time! |
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