This was Darkcoin's Fortune Cookie on 2015 03 04:  |
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I have not get a single payment on one of my nodes since the 1st of feb?
I thought an enforcement cycle lasts 4days at most, anyone facing the same?
Send me your masternode addresses and I'll check it out. I expect that he meant since the 1st of March (though that's prob obvious) |
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The changes have been pushed to the official Trezor firmware repository and accepted. It's no longer needed to 'hack' a Trezor to support Darkcoin; it's compatible right out of the box. Yep I saw that later on in the thread, I could hardly believe it happened so fast, I checked the satoshi labs site earlier and didn't see it yet, but many thanks for confirming and even more for inventing it! If you'd like a tip then please to send me or post a DRK addie  Edit: & split it with vertoe in the proportion that you think is fair. |
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Well if you see what happens with Drk is that it will slowly drop again like it did without those walls,it will find a new bottem again and will stay in that zone.
what the new bottem will be i dont know,if you have lots of money just buy and setup masternode's,if you dont have a big budget wait and see what happens in 2 weeks and further.
DRK always found a stable bottom before Otoh's walls. As you say, lets see what the next two weeks has in store. In the meantime, I expect that we will see some movement today first. There is still a 20,000 DRK buy wall on Bitfinex, it's not going anywhere. Since the wall was removed on Cryptsy the price there has increased on very high volume, like 12,000 DRK, this is an experiment to see how well the price holds with just the one anti dump wall atm. Yep, it's on finex which isn't quite so simple to navigate as Cryptsy, but if people wish to find the buy walls they will master it and this should be for the best in the long run. http://dc-charts.com/depth_drk.php?ex=9&cu=0&sw=2&tz=5&ar=0&dl=2&js=1&sc=0&ba=2&re=1 |
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Well that seemed to go alright, DRK continues to trend gently upwards in the short term, even while BTC is trending down, so it looks like the Cryptsy wall is no longer needed to prevent dumps there and the Finex one will be sufficient. Edit: Opps, lol, who just dumped 2.6k  still very minor impact |
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I prefer using Bitfinex. I trust the security much moreso than Cryptsy. You don't have problems with deposits and withdrawals either. I recommend all Darkcoin community members to migrate to Bitfinex.
In 30 minutes I will remove the 0.01111 wall from Cryptsy, but the 20,000 DRK wall on BFX at 0.01111 will stay, arbitrage should keep things approx level but I'll leave the BTC available on Cryptsy for a while to see what happens and may put the wall back up or make large market buys if it gets too out of balance. |
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Craptsy bots heavily manipulate the price ..
The bots react based on sell/bid orders. Pushing them down caused the bots react negatively as well. It will go back up. Yes already litle rebound to 123... Edit :Well .. back to 121 Interesting... All this movment were bots.. Have to check.. At what time exactly did the wall retract to 0.0111? Edit : So this should afect the other way. Surely the bot react to a big new buy wall.. Literally a minute or two before I posted here about it, the Cryptsy price was 0.0125 approx at the time, just before those two 5k volume moves, not sure if they were coincidence or not but it does seem that some players are sensitive to the walls edging up or down. |
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PSA Otoh walls
A little test after this good news to see how well the price stays regardless of the walls, so they have moved back to the guaranteed 0.01111 spot for now and the Cryptsy one will be removed in five or so hours time, though I'll add to the 20,000 DRK one on BFX.
I don't think it will make any difference TBH.
You don't trust Cryptsy? I do trust them, I have a total of 1.3 million ripple on there as well as 200 BTC, I'm going to take the BTC out though and concentrate my walls on Bitfinex from now on. |
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PSA Otoh walls
A little test after this good news to see how well the price stays regardless of the walls, so they have moved back to the guaranteed 0.01111 spot for now and the Cryptsy one will be removed in five or so hours time, though I'll add to the 20,000 DRK one on BFX.
I don't think it will make any difference TBH.
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fear of the walking wall on crypsty. c'mon hit harder guys  i think people are afraid to dump into otoh's walls for fear that if that buy wall is eaten...dumping hell will break loose and all the btc put into the drk bull run will be ruined. thankfully most people trading seem to have this understanding...thus, they don't violate his buy walls. lol, if the walls started to be heavily dumped in to then I would just put them back up again, they are like icebergs, there's plenty of backup funds off exchanges if needed, so don't be shy  Otoh you've stated now what I was thinking you would do if dumps will occur into you e-walls. I'd do the same if I had that possibility. The wall's reserves which can be called on if necessary, lets say > 80,000 DRK's worth of bids for starters   While I respect your support for your chosen coin the idea of having ~400btc on an exchange scares the living shite out of me. Particulary Craptsy. Fair enough and if your willing to take that risk Im sure you have many more coins but trusting 100k to some random guys, jheeze not for me. Yes, you have a very good point, after nearly loosing 100 BTC worth of CYN on BTer recently & quite a bit on MintPal this has been much on my mind, I may well move towards just keeping a wall up on BFX and letting the markets arbitrage out any swings on other exchanges. That is excellent idea.. IMHO Bitfinex is a solid exchange but doesn't get any significant volume.. Keeping a wall there will force speculators to sign up. Increased volume will force "other" exchanges (BTC-e *wink*) to consider adding DRK more seriously. I never understood why after MintPal fiasco volume migrated to crapsy instead of finex.. We need approx $100,000 transaction volume per day to get most Exchanges interested, we're now doing that consistently recently and lately even two to three times that, the Exchanges will be taking note. This is also the daily volume level that gets payment processors interested. http://coinmarketcap.com/currencies/views/filter-non-mineable-and-premined |
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fear of the walking wall on crypsty. c'mon hit harder guys i think people are afraid to dump into otoh's walls for fear that if that buy wall is eaten...dumping hell will break loose and all the btc put into the drk bull run will be ruined. thankfully most people trading seem to have this understanding...thus, they don't violate his buy walls. lol, if the walls started to be heavily dumped in to then I would just put them back up again, they are like icebergs, there's plenty of backup funds off exchanges if needed, so don't be shy |
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fear of the walking wall on crypsty. c'mon hit harder guys Someone took a 10 BTC bite out of it, thanks for the D-coins |
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While I respect your support for your chosen coin the idea of having ~400btc on an exchange scares the living shite out of me. Particulary Craptsy. Fair enough and if your willing to take that risk Im sure you have many more coins but trusting 100k to some random guys, jheeze not for me. Yes, you have a very good point, after nearly loosing 100 BTC worth of CYN on BTer recently & quite a bit on MintPal this has been much on my mind, I may well move towards just keeping a wall up on BFX and letting the markets arbitrage out any swings on other exchanges. Thing is you can always transfer btc to an exchange if the price goes to where your buying anyway. The only time you may not have a chance is if somone was to dump a huge amount of coin. Im fairly sure that if someone wanted to dump that much coin in one go they would know your a buyer at around these prices and approach you to do an otc deal. You can still announce your buying points etc. Just such a large risk to take with little personal reward. I'll still leave a large wall on BTX, but will announce price points where I will buy in large amounts if the price moves there or if anyone wants to sell direct to me, atm it's 0.012222 BTC/DRK & $3.00/DRK, with a guaranty not to go under 0.01111 BTC/DRK. If I do remove the physical Cryptsy wall then that won't be until after 24 hours time so as to give good notice now and I'll make the BFX one larger when I do that as well. I didn't move my funds off of BTer because moving CNY would be complicated I imagine, I guess that I could have done so by buying NXT but decided that if they allow that then hopefully soon they will permit DRK or BTC withdrawals which I'd prefer and it seems that the funds are safe, though I've lost a lot being in CNY while BTC rises, still swings and roundabouts. |
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While I respect your support for your chosen coin the idea of having ~400btc on an exchange scares the living shite out of me. Particulary Craptsy. Fair enough and if your willing to take that risk Im sure you have many more coins but trusting 100k to some random guys, jheeze not for me. Yes, you have a very good point, after nearly loosing 100 BTC worth of CYN on BTer recently & quite a bit on MintPal this has been much on my mind, I may well move towards just keeping a wall up on BFX and letting the markets arbitrage out any swings on other exchanges. |
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Cancelled the orders and re-put them, still not showing up, I will contact finex support I guess. I'll try a little order right by the market price first to see if they are actually live or not. Yep, even though the bid of 1 DRK at $3.29 didn't show up on the order book it was active and I was able to sell in to it, oops just realized what may have happened, I'd probably accidentaly hit the hide order button  edit: solved, silly me  |
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I just moved the BFX wall on drkusd up from $2.60 to $3.00 and it shows as active there on my account, but for some reason it doesn't yet show on the order book so not on http://dc-charts.com/depth_drk.php?ex=9&cu=1 either as well, it's been well over fifteen minutes since I placed it, weird, I'll wait a bit more then cancel them and try again I guess. It's for 17,400 DRK @ $3 Someone asked earlier about any DRK that I bought at 0.012 - there were 1,491 DRK sold in to that wall when I first put it up or some time a bit afterwards, not very much at all really. |
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PSA These new walls at 0.012 are because I wouldn't mind accumulating a few more DRK at this price right now, I don't guarantee that they will stay here if and when I decide that I have been sold enough coins for the time being, but if I do move them back down then they will only revert to 0.01111 at the lowest and from there they will neither be lowered nor removed just as stated before, so that still remains the floor, the walls are just doing a little walkabout. They'll be there for at least eight hours anyway as I'm going afk soon, so feel free to sell in to them anyone who would like to do a little profit taking or what ever and I'll check back tomorrow to review the situation.  |
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