hard to believe they are selling on poloniex if you watch that book
The order book there has been reduced by about 2,000 or so today. A roughly 1% reduction. The volume is 641 BTC  Not a bad rise considering all that volume. Clearly there are lots being sold but demand is higher than supply (Duh). Someone is accumulating, or rather lots as following the volume is a great way to find "pumps", which I don't think this coin is. But of course people will take the opportunity. IAS |
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Interesting, we are at over .006 BTC now and if you look at the Poloniex orderbook there just are not many sells. https://www.poloniex.com/exchange/btc_xmrThe first notable wall is at .007 and 35 or so BTC, then a "wall" of 9 BTC at .008. There are 57,000 XMR for sale on Poloniex and just giving a rough price of .007, that is only like 400 BTC worth. This has explosive written all over it. But something doesn't make sense. If Bots are large miners of XMR, why are we not seeing large dumps (or are we)? I guess the buy volume is meeting the demand... |
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Interesting, we are at over .006 BTC now and if you look at the Poloniex orderbook there just are not many sells.
The first notable wall is at .007 and 35 or so BTC, then a "wall" of 9 BTC at .008.
This has explosive written all over it.
But something doesn't make sense. If Bots are large miners of XMR, why are we not seeing large dumps (or are we)?
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I find it most concerning that Alpha isn't even trying to defend themselves here, or trying to make the concerns go away.
I'll contact my creditcard provider today and ask for their terms.
I think the damage is done and they probably are not going to try to clean it up at this point. Perhaps some people were saved from further losses by what the posts brought to every ones attention here. I am appreciative of that. But on the other hand, it also could have been the straw that broke the camels back. We will see. I think it is clear they don't have all the money to give back refunds, which makes sense due to the 30% down model. With the price of LTC crashing (still) and no word from Alpha, I am not leaning towards going through with this, UNLESS they really come out with something comforting. I only have a 50Mh/s on order, so my pay pal loss will suck, but who knows, maybe I can get that back (though I didn't use a CC). |
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Just want to let know all of future participants in this IPO (Not that I advise you to participate!!!)
Before sending your BTC for the IPO check the current price of SWARMPRE (that is what you get for sending BTC to the address)!
Currently you can get better deal like 5600 – 5700 SWARM/BTC. Actually even better deal than at any point in the IPO!
I checked on that, and your are a bit misleading. The rate is 5700 for 1 BTC BUT they are selling .09 BTC worth ( roughly $54). Here is a screen shot. I see only one decent sized lot (.72BTC worth) available at a discount. I doubt someone is selling at a loss so soon, and wonder if that is a pre-sale or something along those lines?  5700 for 1 BTC !!!!! Sorry if you can not buy as much as you like at that price. Except you didn't say rate. You said "5600 – 5700 SWARM/BTC" and that is misleading.  |
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Just want to let know all of future participants in this IPO (Not that I advise you to participate!!!)
Before sending your BTC for the IPO check the current price of SWARMPRE (that is what you get for sending BTC to the address)!
Currently you can get better deal like 5600 – 5700 SWARM/BTC. Actually even better deal than at any point in the IPO!
I checked on that, and your are a bit misleading. The rate is 5700 for 1 BTC BUT they are selling .09 BTC worth ( roughly $54). Here is a screen shot. I see only one decent sized lot (.72BTC worth) available at a discount. I doubt someone is selling at a loss so soon, and wonder if that is a pre-sale or something along those lines? |
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We were all better off sticking to Android, the best option for bitcoin enthusiast.
I agree in part. The HUGE problem is security. Catch 22 situation here. I understand hot wallets should not have much in them, but the idea of having a wallet on Android (at this time) is a bit scary. I just trust Apple products a lot more here. IAS |
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Regarding the Mintpal voting, they say they use the money generated for improvements.
Anyone take a look at the amount generated? Just XMR has over 17,600 votes. Check my math, but isn't that over 17BTC's raised? That is $10,600+ Dollars
When you add all the other coins in, that is an insane amount of money.
And they are doing this weekly?
IAS
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Oh and there is also an 8% premine i.e. founders will own 8 million coins, while average BTC investor will own 4,250-5,250. So basically we give you our money and you get the money and the coins. Genius! It also means that every other coin / crowd funding project will have an 8% premine in addition to any premine the project decides to keep itself.
I see your point but this is a relative argument. In the business world e.g. Google, you have Angel investors getting in at pennies (like here) and then later when there is a public offering, your only chance is at a price that is magnitudes greater. So, the 8% here (which I agree with you on being high), relative to a typical start-up business, is probably miniscule. If the model is truly broken here (and I'm not saying it isn't) then a competitor can easily come in with a more fair model and take the investors money. But, we don't see that happen. Its about sharing edit - They also might not get any where near there extended goal. So it will be interesting and for sure show how "investors" feel here. |
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The beauty of the excel file is that you can just filter by currency/date etc. Or am I not understanding the issue fully?
Again, thank you for the donations, they are definitely welcome (and needed)
True, you could "filter" at either end. I think it is just easier to do it at your end. (But more work for you initially). Don't mean that sarcastically - I very much appreciate your work. |
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You can't even get a UK bank account if you mention cryptocoins. I'd imagine a lot of established payment processors would be just as nervous at the mention of cryptocoins. They did originally offer Paypal for deposits although even KNC has dropped credit cards now and you can only pay with Bitcoin or bank wire. I don't know many manufactures who do or did offer credit cards or PayPal in the last six months at least.
You're right. Getting a Merchant account with a UK bank isn't easy. I'd be very surprised if Alpha even come close. They're a start up, with no accounts, in a high risk business. Normally you need at least two years of accounts to even be considered. Merchant accounts are seen as an extension of credit and UK banks are heavily scrutinizing all forms of credit at the moment. I'd be amazed if Alpha started offering worldwide CC payments any time soon. I guess we'll know soon enough. They're not a start-up, they've been around for many years. Which is the point I'm underlining, why are they having issues? They weren't a cryptocurrency company to begin with, and it's still not their primary business according to their filing. So something else is going on. (edit: they recently got into crypto last year, according to them, but defended the length of the business for over a decade) KNC dropped credit card processing as a strategic move, because they needed to keep as much cash as possible after their 2nd batch of original gear. This later became clear when people found out what they did with their 90%+ profit margin and startup money. Paypal was a fluke, I'm surprised they offered it because Paypal doesn't like doing business with cryptocurrency companies. AT can't expect everyone to remit full payment if they can't offer credit processing, as it was something they offered during initial buy-in. So many people expected to remit remaining payment with credit. Without that, they're going to lose a lot of funds. More and more reasons to question their capabilities to follow through. So far during the last 90 days it's been fly by the seat of their pants, design changes (feature removal) after money has been taken, failed to meet their spring deadline of final chip design (or whatever they called it, they just recently completed that), no answer to the CE issue (which requires another feature removal or worse), no 'transparency' of value at all through any part beyond the initial payment acceptance. And, speculation here, if they don't have the funds to back credit processing, how are they going to have funds to complete system buildout, testing and shipping, if most of their userbase has failed to provide payment? I'm simply examining facts. This isn't FUD. If I had an order, I sure wouldn't remit payment. I am certain that they are keeping the accounting business separate from the mining one. They are looking or working on getting the payment processor set up for the mining business. I am sure they don't want to obfuscate the two, at least for financial reasons. A bit make or break with the credit card set up right now, unless thex have a working unit and then people would be less heistant to pay ba bank transfer (no protection outside os getting a lawyer). IAS |
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Anyone watching Monero (XML) lately? Wow, it has been up to almost .005 BTC. There are rumors of Mintpal implimentation, might be a part of it.
Thanks to those who mentioned it, started picking some up at .0026, bit more at .0038-.0041. I feel ok in this range.
Mintpal anticipation I'm not sure we should care so much about mintpal Mintpal DRK 24h Volume 395.119 BTC Poloniex XMR 24h Volume 475.91 BTC Higher price gives more resources to the devs (who are typically large holders) and early investors, and makes all holders happy. This is a good thing for the coin, and I would say definitely better than if it was cheap for a long time and then shot up in price. In the latter case it would be effectively premine from the late entrants' point of view and it might be rejected, similarly as I reject all the coins that are more than 10% mined when I hear about them. I doubt it, there's still massive amounts of inflation (~23,040 coins to miners each day). http://monerochain.info/charts/coinsIt's not until 2-3 years in that we'll likely see obscene increases in price given simple economics. I'm really curious where this volume is coming from. Due to the distribution, it doesn't make a whole lot of sense to be trying to grab so much so soon, unless...  Any ideas? I believe some of the volume that found its way to MRO is related to the DRK's primary buyer, who then also bought XC and also bought a few MROs as well in the prior spike to 0.008, probably hedging his options. The current run is more of a mystery to me. I was thinking about this whole Crypto space before. We here are all fairly to extremely familiar with Cryptos. We can see where this is going, at least beyond most peoples event horizon (as this isn't even on their radar yet.) Most people just see the money aspect, but I'm sure most of us here see the far reaching consequences of this space. When the Crypto field REALLY starts to take off, the prices are going to shock people. Further, the 2.0 Cryptos might be the next BTC like wave, price wise anyway. I really feel that many smaller Cryptos now (those that succeed) will have Market Caps in the billions. I'm not saying that is justified, just that the money is going to flood the space, just like the internet bubble. Some Cryptos might find niches or even countries to be used in and I get the feeling there will be lots used, though just a handful of medium tier ones and perhaps less than a handful of core coins. I just think this space is still getting started, and XMR right now might be like BTC was 4 years ago - Most didn't see the value. I hope it can hang on as their are so many coming out and it is turning intoa bit of a marketing gimmick e.g. - See Doge. I bet those S-Curve diagrams will come into play, across the board. I get the feeling that Cryptos are going to make the internet boom seem small in comparison (and I was in that boom). Redefining money seems to be happening all of a sudden, where as controlling information has been getting harder and harder, dating back to the printing press. At this point the internet is like electricity was to electronics, sort of a necessity. And they Cryptos are like the electronics. Yes, it is still building out, but I think/feel we are onto another layer here, a layer that starts with money, but that blockchain is going to shock people, something fierce. Its about sharing |
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Any ideas why the DDOS attacks are so fierce? This little "nobody" of a coin is suddenly catching the attention of the Crypto world and might be a threat to DRK, etc.
It is not cheap to constantly do DDOS attacks. Perhaps it is from the same bots that are mining it, but any plans for a P2P miner?
Lastly, the huge volume is intense. 480 BTC traded on Poloniex, interesting...
Someone is taking notice.
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Anyone watching Monero (XML) lately? Wow, it has been up to almost .005 BTC. There are rumors of Mintpal implimentation, might be a part of it.
Thanks to those who mentioned it, started picking some up at .0026, bit more at .0038-.0041. I feel ok in this range.
Mintpal anticipation I'm not sure we should care so much about mintpal Mintpal DRK 24h Volume 395.119 BTC Poloniex XMR 24h Volume 475.91 BTC Higher price gives more resources to the devs (who are typically large holders) and early investors, and makes all holders happy. This is a good thing for the coin, and I would say definitely better than if it was cheap for a long time and then shot up in price. In the latter case it would be effectively premine from the late entrants' point of view and it might be rejected, similarly as I reject all the coins that are more than 10% mined when I hear about them. I doubt it, there's still massive amounts of inflation (~23,040 coins to miners each day). http://monerochain.info/charts/coinsIt's not until 2-3 years in that we'll likely see obscene increases in price given simple economics. I'm really curious where this volume is coming from. Due to the distribution, it doesn't make a whole lot of sense to be trying to grab so much so soon, unless... Any ideas? |
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NEW FEATURE: You can now export your transactions to Excel!
So cool, helps on taxes possibly! That's the plan  I imagine that someday tax agencies are also going to go after crypto to crypto trades in addition to the current USD involved ones. I imagine it would be easy to export the USD only trades via a checkbox or the like? Thanks for the great service, my plan is to make a donation every year. Best, IAS |
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Mention of AT in CoinDesk. Alpha Technology says it’s still working with Dexcel
Rendering of the Viper scrypt miner. Source: Alpha TechnologyRendering of the Viper scrypt miner. Source: Alpha Technology
Manchester, UK-based Alpha Technology, which plans to bring a powerful scrypt miner to market, says that it still has a key partnership with Dexcel Designs in place. Mohammed Akram, Director of Alpha Techology, told CoinDesk:
“Our partnership with Dexcel is fine. We have actually completed most of our design work, all work now is from the foundry and our manufacturing partners.”
Rumors of a possible breakdown in relations between Alpha and Dexcel have caused some turmoil. Customers who already preordered mining units began requesting refunds en masse.
The company says that they are still on schedule to begin shipping units in July. It currently has two different models on its website. They are both called the Viper, and one has 50MH/s of power at 375W for £1,350. A more powerful version of the Viper has 250MH/s of power at 1,875W for £5,450.00. Source: www.coindesk.com/mining-roundup-bbb-warning-alpha-technology-pool-attackIt's from Coindesk so it must be true  So this is Fiaz's answer to a customer, yet again asking for an update ( https://forum.alpha-t.net/index.php?topic=661.0) Re: Viper progress « Reply #1 on: Today at 02:28:02 PM » Quote from: Mario on Today at 01:52:22 PM Is the viper development done in July Will the shipment also start then ??
are the chips done yet ??
when can we expect an update ??Fiaz: Yes development will be done in July, and we will start shipping then. This will be anywhere from the 15th (best case) to the end of July. The chips are nearly ready and we will release a big update with full specs soon after the payment processor is up.Did anyone else catch that? "we will release a big update with full specs soon AFTER the payment processor is up"Doesn't this strike you as odd? Why not release an update now? Why wait until after the payment processor is up? Surely if the chips are nearly ready they must have the wafers? Why not post a picture? Why not say when Fab out and Bump out were started and completed or when they went for packaging? This just doesn't pass the smell test. Waiting until after they have a payment processor, means Alpha can take non refundable payments from the presumably many holdouts, then tell them anything they want and they just have to swallow it. I wouldn't pay a penny more until Alpha release an update. A revised roadmap that details how they intend to deliver these devices in July wouldn't go amiss either. I don't think that's an unreasonable request considering how much money's at stake. I can only hope that their announcement will cause people to believe they are on track AND to sell out the rest of their units due to however many cancellations happened. If you are right with your comments, then thank you, but if you are proven wrong in the end, there will probably be more than a few unhappy campers at the fear mongered. I'm not saying this in a bad way, honestly, if you are correct then thank you as you saved a lot of people some money (and perhaps made them money too boot as they would just buy coins with that money.) But if you are wrong, then it is on you (and I or anyone who listened as each has to take responsibility for listening.) But it doesn't strike me as odd at all. We essentially got a free extension to pay due to the payment processor lag. Well, if they can truly show us something is in the works, then perhaps all the questioning was for a better good. The chips apparently are close to ready, so there is no pic to post and when they are ready then you will get the pick. You seem to have taken an extreme stance with Alpha, perhaps it is warranted due to all the bad fiasco's that came before and it caught AT off guard, so now they have to be careful and more transparent. (But, if you balanced your fear with what is going right, I think more people would listen, so I'm not 100% sure of your intention. Seems like you mean well, but the extreme perspective probably makes people question and I don't think anyone is shocked you got kicked off their forum.) I hope it works out in the end. Hopefully what Alpha tells us once the payment processor is up, is clearly verifiable. Don't look past the fact that they have a family business and such and are public personalities at this point, they are not going to be running away from this (and I'm not saying they would). I really don't see this as a scam, if anything, just a typically executed mining venture but time will tell. All I can say at this time is "I don't know" and I'm waiting, reading and contemplating what to do next. Thx, Its about sharing |
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How about we put up a bounty to find the person(s) who initiated the DDOS attack on Moneropool.org and exact justice - cut off their fingers - All of them.
Think there is a hidden compliment in there. This coin is starting to gain some attention from some serious BTC'ers (e.g. Rptiela). That is going to create a bit of a following. (It brought my attention here). Think we have a bright future. Hopefully there is a nice GUI wallet soon and of course a few of the larger exchanges trading XML and we probably can sustain .015 btc for a bit. From there it is a race to see which Cryptos can hold (e.g. LTC). Of course it comes down to Market Cap anyway, but still a good unit of measure. |
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Thanks for the comments guys. Its About Sharing: Just compile yourself from source. It compiles on every Mac.
To install dependencies with homebrew:
brew install miniupnpc cmake boost
Then just: "make" in the source directory.
I tried installing from source but I must have had something extra already installed as the install said so. (it failed probably due to a package I already had installed) I might try another install as you suggested. I'm just not sure about uninstalling the package mentioned and what the affects of that may be. Perhaps it is just safer to wait it out... Thx, IAS |
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^It's OK, but if you see huge amount of those it's best to restart the daemon.
Can you say what these errors are from? I had restarted the daemon 2X and the same result. Do other wallets interfere here or  Thx in advance, IAS |
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I've been searching and can't find a solution here. Anyone have any idea as to why upon synching I get the below errors? In particular, why is there "ric" after the /Users/ directory? I'm on a Mac and that is not my user name, so the /Users/ric directory does not exist. (I've removed the wallet.bin file and restarted everything, new seed and all generated, but this didn't seem to help.) I started by double clicking on bitmonerod and then once synched, simplewallet, which were downloaded from Github. (I was unable to install via the command line instructions.) Thanks IAS 2014-Jun-15 14:54:28.481185 [P2P8][sock 22] Some problems at write: Broken pipe:32
2014-Jun-15 14:55:35.798590 [P2P3][87.246.145.171:18080 OUT] SYNCHRONIZED OK
2014-Jun-15 14:55:37.316479 [P2P4][134.249.161.21:18080 OUT] SYNCHRONIZED OK
2014-Jun-15 14:55:37.389800 [P2P3][113.190.13.120:18080 OUT] SYNCHRONIZED OK
2014-Jun-15 14:55:37.459267 [P2P3][86.25.118.21:18080 OUT] SYNCHRONIZED OK
2014-Jun-15 14:55:40.417736 [P2P4][101.164.234.118:18080 OUT] SYNCHRONIZED OK
2014-Jun-15 14:55:43.603074 [P2P6][184.190.220.14:18080 OUT] SYNCHRONIZED OK
2014-Jun-15 14:56:01.198940 [P2P0][199.188.178.180:18080 OUT] SYNCHRONIZED OK
2014-Jun-15 14:57:51.320218 [P2P6][sock 15] Some problems at write: Broken pipe:32
2014-Jun-15 14:58:49.917326 [P2P8][sock 22] Some problems at write: Broken pipe:32
2014-Jun-15 14:59:13.308392 [P2P1]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/abstract_tcp_server2.inl:307 send que size is more than ABSTRACT_SERVER_SEND_QUE_MAX_COUNT(100), shutting down connection
2014-Jun-15 14:59:13.420894 [P2P1]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/levin_protocol_handler_async.h:638 [88.193.177.21:18080 OUT]Failed to do_send()
2014-Jun-15 14:59:14.102139 [P2P0]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/abstract_tcp_server2.inl:307 send que size is more than ABSTRACT_SERVER_SEND_QUE_MAX_COUNT(100), shutting down connection
2014-Jun-15 14:59:14.102228 [P2P0]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/levin_protocol_handler_async.h:638 [88.193.177.21:18080 OUT]Failed to do_send()
2014-Jun-15 14:59:14.109085 [P2P0]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/abstract_tcp_server2.inl:307 send que size is more than ABSTRACT_SERVER_SEND_QUE_MAX_COUNT(100), shutting down connection
2014-Jun-15 14:59:14.109163 [P2P0]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/levin_protocol_handler_async.h:638 [88.193.177.21:18080 OUT]Failed to do_send()
2014-Jun-15 14:59:14.375326 [P2P4]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/abstract_tcp_server2.inl:307 send que size is more than ABSTRACT_SERVER_SEND_QUE_MAX_COUNT(100), shutting down connection
2014-Jun-15 14:59:14.375418 [P2P4]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/levin_protocol_handler_async.h:638 [88.193.177.21:18080 OUT]Failed to do_send()
2014-Jun-15 14:59:15.460551 [P2P1]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/abstract_tcp_server2.inl:307 send que size is more than ABSTRACT_SERVER_SEND_QUE_MAX_COUNT(100), shutting down connection
2014-Jun-15 14:59:15.460639 [P2P1]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/levin_protocol_handler_async.h:638 [88.193.177.21:18080 OUT]Failed to do_send()
2014-Jun-15 14:59:15.461740 [P2P1]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/abstract_tcp_server2.inl:307 send que size is more than ABSTRACT_SERVER_SEND_QUE_MAX_COUNT(100), shutting down connection
2014-Jun-15 14:59:15.461798 [P2P1]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/levin_protocol_handler_async.h:638 [88.193.177.21:18080 OUT]Failed to do_send()
2014-Jun-15 14:59:32.024017 [P2P5]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/abstract_tcp_server2.inl:307 send que size is more than ABSTRACT_SERVER_SEND_QUE_MAX_COUNT(100), shutting down connection
2014-Jun-15 14:59:32.043524 [P2P5]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/levin_protocol_handler_async.h:638 [88.193.177.21:18080 OUT]Failed to do_send()
2014-Jun-15 14:59:42.239133 [P2P5]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/abstract_tcp_server2.inl:307 send que size is more than ABSTRACT_SERVER_SEND_QUE_MAX_COUNT(100), shutting down connection
2014-Jun-15 14:59:42.260234 [P2P5]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/levin_protocol_handler_async.h:515 [88.193.177.21:18080 OUT]Failed to do_send
2014-Jun-15 14:59:45.678970 [P2P5]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/abstract_tcp_server2.inl:307 send que size is more than ABSTRACT_SERVER_SEND_QUE_MAX_COUNT(100), shutting down connection
2014-Jun-15 14:59:45.679094 [P2P5]ERROR /Users/ric/Desktop/Temp/bitmonero-core/contrib/epee/include/net/levin_protocol_handler_async.h:638 [88.193.177.21:18080 OUT]Failed to do_send()
I get the same error, but for me it's "tom" instead of ric... the mystery thickens... LOL! Are you serious? Well, hopefully it is nothing as the other poster said. Have you tried moving coins in and out? Thx, IAS |
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