holy shit if you assume that one cpu gives around 500khash this guy is running 1672cpus . what the fuck  mycoinmine is a pool, isn't it? |
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1: Please confirm when this faucet is working
2: Other users: please confirm it is paying out
3: Please tell us the rate the faucet pays out - Faucet amount / ?
Answer these and I will donate 10 Cat Coins to get this faucet started. More if there is high interest.
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If there is no mining, there will also no trading be possible becuase of getting no confirms transactions need !
Come back mine CAT and donīt only see proftabilt of your shit rig
Well trading will always be possible as long as you already have CAT on an exchange like Cryptsy. It's the movement of newly minted coins to exchanges that's going to be difficult. If volume is increasing yet supply is drying up at this rate, the price normally would have already skyrocketed, if it weren't for the rampant price manipulation. Are the big holders likely to be continually buying and reselling their cat over and over, or slowly sell off what they can once they bolster the price? If the latter, then eventually the price should go up. If the former. Then I'd be concerned. |
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I see BTC as akin to the Gold standard that props up fiat currency. Altcoins are indirectly strengthening Bitcoin because it's pretty much the universal coin that you trade your coins for to then convert to fiat or to spend.
I expect that when the bubble bursts that the altcoins with no merit whatsoever will be worth drastically less, and the coins with unique aspects or that have services will be worth drastically more. When altcoin trading hits the mainstream markets, worthless altcoins will be akin to penny stocks.
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Please do it right this time dev. I like this coin. I will mine it if the launch goes smoothly.
Drop those beats.
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As long as people continue to buy Cat, and have an interest in Cat, it will survive through this phase of difficulty adjustment. If very few new coins are entering the exchange, but the volume of coins traded is still steady or increasing, then I would expect the value to go up. If people are losing interest in Cat. I would expect to see the volume go down. I haven't looked at the figures, if someone can tell me which is the case that would be helpful. I wouldn't be worried if it slowed down a little, but if volume was decreasing at the same rate as hashrate, then there is a problem.
Our current 24h volume is 77000 $ it was 55000 a few days ago. So volume of trade is going up, but mining is going down. Which means trading profitability for the coin is now the main driving force behind the coin. It's whether or not that will mean the price of the coin on the exchanges will increase or decrease because of coin scarcity. I'm afraid that question is beyond my speculative ability, as I have no basis of comparison. If someone could perhaps offer some insight into what may happen next that would be useful. |
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As long as people continue to buy Cat, and have an interest in Cat, it will survive through this phase of difficulty adjustment. If very few new coins are entering the exchange, but the volume of coins traded is still steady or increasing, then I would expect the value to go up. If people are losing interest in Cat. I would expect to see the volume go down. I haven't looked at the figures, if someone can tell me which is the case that would be helpful. I wouldn't be worried if it slowed down a little, but if volume was decreasing at the same rate as hashrate, then there is a problem.
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I suspect the small offers are being posted by using an API, and someone is writing programs with loops to post lots of small offers. Cryptsy (or some other enterprising exchange) could counteract the effect of this by allowing users to collapse offers based on falling into ranges of values (like .00078-.000799999) into one pseudo-offer. Any any case, on Cryptsy, you can conveniently specify a high number to do a purchase and it will automatically sell at the best possible price, so in effect you can eat up dozens or hundreds of these ridiculous entries, in one buying step. By contrast, you have to be careful at the other Catcoin supporting "free" exchange (left unnamebd), because if you try to do this, they'll pocket the difference, so you have to laboriously type each purchase amount to match each offer on the market to get the best price.
Sell on Cryptsy, buy from CoinedUp. You can sweep up a few sell orders on CoinedUp. Even if they're keeping the change (on the sale of the lower priced sell orders), the overall buy price is still lower than you'd pay using Cryptsy. That's been my experience. There's actually a stocktrading term for this strategy, but I forget the name for it. You have to get your timing right, because normally the price differences between two exchanges will normalise. Arbitrage. It's difficult to do with cryptocurrency though due to the transfer times (especially with CAT as it is at the moment). That's the term I was thinking of. Yeah, It's not really helpful with how slow the exchanges are in confirming deposits. You would think they could invest some of that money they make in better servers. |
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I suspect the small offers are being posted by using an API, and someone is writing programs with loops to post lots of small offers. Cryptsy (or some other enterprising exchange) could counteract the effect of this by allowing users to collapse offers based on falling into ranges of values (like .00078-.000799999) into one pseudo-offer. Any any case, on Cryptsy, you can conveniently specify a high number to do a purchase and it will automatically sell at the best possible price, so in effect you can eat up dozens or hundreds of these ridiculous entries, in one buying step. By contrast, you have to be careful at the other Catcoin supporting "free" exchange (left unnamebd), because if you try to do this, they'll pocket the difference, so you have to laboriously type each purchase amount to match each offer on the market to get the best price.
Sell on Cryptsy, buy from CoinedUp. You can sweep up a few sell orders on CoinedUp. Even if they're keeping the change (on the sale of the lower priced sell orders), the overall buy price is still lower than you'd pay using Cryptsy. That's been my experience. There's actually a stocktrading term for this strategy, but I forget the name for it. You have to get your timing right, because normally the price differences between two exchanges will normalise. |
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I'll probably stop mining once I reach 150k. Difficulty is really giving diminished returns. I do like the coin though.
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Hey, at least it's a step up from one line ops for coin releases by newbies.
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im mining it but dunno if it worth
It's not a new coin. It was launched some time ago. Make of that what you will. |
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if u registered on many pools with same login names and passwords , some of then can steal you coins from other pools , becose some pools are scamers  I dont think that poolerino and cryptowalley can steal you coins. It good pools That's why you should always use a different password. I started doing this as a precaution when I realised it was convenient for me to use the same login name and worker credentials. |
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If his account was hacked why didn't he alert anyone?
Please read the topic before commenting. His account was NOT hacked. Impossible. That's exactly why I said it. It was a rhetorical question. I've read every post. |
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Either the pool is the problem, or you have some sort of Keylogger/trojan on your PC and they know your pin to change your deposit address on the pool.
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that and trying to trick you to run in thinking you're chasing a higher value but making the value lower every time you buy. it frustrates the buyers
he's a troll, there is more to it than that though... You can counteract this pretty easily as a market participant, by 1) buying up the lots of tiny sell units, all in one fell swoop (just click on the highest priced of the small sell offers and Cryptsy automatically computes how much the total costs); and 2) Moving any "buy" offers you have, up above the heap of small offers. A lot of participants seem to be already doing this, but the more people who utilize these two strategies, the more it counteracts this annoyance.  tagged Thanks. I'll look into it. Just bought 42 more, I now have 553 cat. My small purchases wont change the price of cat, but every little helps??
The more people invested in cat, and the less big hands holding Cat the better. It's the big hands manipulating the pricing that's doing harm. |
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Very good job przepipych, this one is amazing !
Thanks - coin image have few issues to fix but I just wanted show some draft. It comes also in 1k resolution so can be used on something bigger than wallet image =) Great work! I feel like that cat really needs a sparkle coming off one of his teeth to the right.  updated with sparkle  Now that's what I'm talking about.  |
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I think I can see what he's doing now. Putting lots of small sell bids at lower and lower prices to give the impression that the coin is worth less, while at the same time putting in a lot small buy bids above this price tempting people to sell their coins. Possibly has a buy wall set up right underneath to catch all the weak hands.
that and trying to trick you to run in thinking you're chasing a higher value but making the value lower every time you buy. it frustrates the buyers he's a troll, there is more to than that though... Yeah, if you don't look at the volumes it does give a false impression. I suspect the small offers are being posted by using an API, and someone is writing programs with loops to post lots of small offers. Cryptsy (or some other enterprising exchange) could counteract the effect of this by allowing users to collapse offers based on falling into ranges of values (like .00078-.000799999) into one pseudo-offer. Any any case, on Cryptsy, you can conveniently specify a high number to do a purchase and it will automatically sell at the best possible price, so in effect you can eat up dozens or hundreds of these ridiculous entries, in one buying step. By contrast, you have to be careful at the other Catcoin supporting "free" exchange (left unnamebd), because if you try to do this, they'll pocket the difference, so you have to laboriously type each purchase amount to match each offer on the market to get the best price.
Now that you mention it, coding a trap like that wouldn't be all too difficult. There are probably a few equally possible ways to counteract act it using an algorithm. I'll be interested if anyone has any strategic suggestions that could counteract such behaviour to manipulate the Cat market. Please let me know. |
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Very good job przepipych, this one is amazing !
Thanks - coin image have few issues to fix but I just wanted show some draft. It comes also in 1k resolution so can be used on something bigger than wallet image =) Great work! I feel like that cat really needs a sparkle coming off one of his teeth to the right. |
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