It is nice to see this coin in the move again. But the problem is a lot of people try to keep this price as low as possible for profit. It is easy to see how much profits were made:
- Bought at 1 sat, sell at 2 or 3 sats (200-300% profit).
- Bought at 2 sat, sell at 3 or 4 sats (150-200% profit).
- Bought at 3 sat, sell at 4 or 5 sats (133-167% profit).
With this pattern it is easy to see why the 3 sats sell order wall was put back every time.
IMHO, for this coin to make a move to 10 sats range, it needs a lot of things to be happen like alcurex announcement or block rewards drop to 20k. Right now this coin is one of the most profitable coin to mine, and some big miners just dump at 2 or 3 sat because it is for them still the best option now.
Regards,
After watching the trades... There's a small whale sitting on the buys and sells... selling @3, with a buy @2. As more people buy in, he may allow the price to swing up when he can still keep it in his control. After that, the cards fall. If the mining can pick up more though, it will change. This is looking exactly like the buy/sell wall that FTC had i previously ranted on. Anyone want to bet 1 MRC on the results? That is simply not possible due to the size of the walls. Orders are filled I the order they are received. If there are 10 BTC of buy orders at 2 and you place an order to buy at two.... You are last to fill. Your theory doesn't work. If it did it would be very easy to game the system. I agree with what you are saying exactly, but not the result. As a whale, I put in a sell order of 10BTC worth at 3, and a buy at 2 worth 10BTC. As people buy and sell, i make my profit. Now add in others... Total there's 11 BTC Selling at 3, and 11 buying at 2. If its the same person who put in the 1 BTC, over time they will join in the game too. If the 1 BTC on each is comprised of many different people, could argue i'm the only one winning. I agree, its first come first served, but if you are the bulk of the volume of standing orders, it becomes moot. in that example, 92% of the volume is passing through my hands, and I profit. When you sell yours at 2, i'm turning around and selling it for 3. Now the price could go up as people see the volume, and the price goes up, but as long as the volume doesn't kick up enough, the whale is able to create profit. By the price being so low, from 2 to 3, thats super easy to do. No one can come in at 2.1, or 2.9 and start to mess with the plan. If the price does get higher, and the gap wider... the whale will only allow the gap to grow wide enough so that if you tried to buy and sell from a different exchange the fees would eat away at the profit. *** Its going to be a little tough to read through some of the random chatter, here's the FTC forum thread discussing when their happened. Its amazing some of the chatter is the same as on here. https://forum.feathercoin.com/index.php?/topic/6276-feathercoin-on-the-rise/page-2You are right about hedging. It's old trading method and altcoins are good target because of low volume. Don't sell when price is low. |
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Any ETA when MCR is coming back?
I still think it is strange that neither of the 2 original Devs make any announcements anymore. The mysterious 2nd Dev has never made any posts even while MCR is sick/vacation/??
Halibit was originally an arms length friend to the Dev team and made a point of declaring he wasn't part of the Dev team, but then came on board for Alcurex and now he is the sole contact for both Alcurex and microCoin for over a month.
I like sardines and pickled herring quite a bit but I am disappointed by the abandonment of the Dev team
MCR will come back online on next month. Don't be disappoint to him, there is good reason he is out this time. I don't want to tell more, but I think he manage this well when he gave me all permission for both projects. Think if he just leave and no one continue projects. I do my best for projects. By me, there is everything running like it was planned. Only where I fail is get the coders to make site ready on the time, but as I told today, they tell me the Friday is day when it should be ready. When MCR comes back, I will not go anywhere. Actually we will need more for our team and there is already few people ready to step in as soon as market is open. Edit: The "mysterious 2nd Dev" you will not see on public as much I know him/her/it  We respect our customers and shareholders. Every shareholder and customer can choose how anonymous want to be. More important is, alcurEX is public company and will keep trusted and legal profile. |
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Okay.
I like to update mining instructions on first page.
Can you list me best settings for 3-4 most popular GPU.
I will add CPU miner info too.
Edit ,but there is no sourcecode for RAD CPU miner. Can we trust it?
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Las time info about my conversation with coding company: [16:50:55] micro: When you think I can call shareholders to test alcurex [16:51:25] micro: real time [16:53:43] micro: Give me target time I can wrote to our shareholders and team, please. [16:54:17] **coder company Ltd **: ok sure please wait [16:55:05] micro: most realistic time you think.. [16:59:42] **coder company Ltd **: You can test it by Friday Evening our time [17:00:19] **coder company Ltd **: because testing is going on here,once tested will fix and update you then you can check it your side [17:00:37] micro: Oh right. [17:01:41] micro: Do it working well and we will order more projects with you sure. [17:03:31] **coder company Ltd **: sure,thanks will do long term business relationships with you [17:03:37] **coder company Ltd **: (handshake) I'm out of internet on Friday, but Saturday I think I can be online. handshake?  it was chat image. |
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Las time info about my conversation with coding company: [16:50:55] micro: When you think I can call shareholders to test alcurex [16:51:25] micro: real time [16:53:43] micro: Give me target time I can wrote to our shareholders and team, please. [16:54:17] **coder company Ltd **: ok sure please wait [16:55:05] micro: most realistic time you think.. [16:59:42] **coder company Ltd **: You can test it by Friday Evening our time [17:00:19] **coder company Ltd **: because testing is going on here,once tested will fix and update you then you can check it your side [17:00:37] micro: Oh right. [17:01:41] micro: Do it working well and we will order more projects with you sure. [17:03:31] **coder company Ltd **: sure,thanks will do long term business relationships with you [17:03:37] **coder company Ltd **: (handshake) I'm out of internet on Friday, but Saturday I think I can be online. |
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Microcoin has very nice name. MRC can become giant among cryptocurrencies as good as Microsoft among other software companies. I am glad to hold a few ten millions coins.
I think too microcoin is best name since bitcoin. |
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I think when price is 50-100 satoshi this can start promote payment & micropayment system. Other way there is not enaf coins for payment process. Actually 100sat is good price because of name Is it then 1 micro BTC? |
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why MRC is going up at the moment ? Is there a specific reason ?
the same reason of all coins, pump and get more profit at top, this will last one week up, you are welcomed to participate at any stage so there is no reason... so it is certainly better to wait for "real" events why DOGE is going up at the moment ? Is there a specific reason ? no reason... no reason... no reason... no reason... no reason... no reason...  I think reason is low price and degreasing blockrewards. Both one gives great change to profit with short pump and also for long term invest. The "real" events we will see when block reward is near 10,000-20,000. It will be interest time . Hold your hard mined coins for that. You will not never get same amount coins what you still mining. |
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MRC BTC market listed on poloniex |
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61 BTC day volume on mintpal and 260LTC on poloniex I think inverstors are start to buy MRC because block counting is under 60,000 btw. mining speed is increased alot. I'm not in top15 list anymore  |
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Any volunteers compile CPU miners for microcoin?
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Halibit, can the coders or you make a CPU miner? I can't really mine any more after the last NFactor rise...
Any volunteers compile CPU miners for microcoin? There is always so quet when I say.. any volunteers Well actually this belong to microcoin thread. |
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There is still 8856 shares anonymous.
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Halibit, no
There HAS to be more than one. It is not ONE anonymous holder with 12854 shares, it is every holder with an undisclosed email.
Oh. You may right okaynow. All anonymous are in one row. It may be risky to disclose email address, but also it might be risky if we can't get backup info about owner shares and something happen on cryptostock. Stupid is this option endeed. Disclosing is not mandatory right now. Only when we move shares to the alcurEX. How do we know if we are anonymous or not ? (I didn't find any info on cryptostock regarding that... so currently I don't know if am anonymous or not...) If you enable in your profile settings: disclose email, then you are not anonymous on shareholders list what I backup daily. |
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I talk with my friend who are make bank systems. He recommend we build our money system as this picrure show. I inform for the coders and they will make it as follow:  |
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Halibit, no
There HAS to be more than one. It is not ONE anonymous holder with 12854 shares, it is every holder with an undisclosed email.
Oh. You may right okaynow. All anonymous are in one row. It may be risky to disclose email address, but also it might be risky if we can't get backup info about owner shares and something happen on cryptostock. Stupid is this option endeed. Disclosing is not mandatory right now. Only when we move shares to the alcurEX. |
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Who is mining with 2118 Kh/s  |
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Hi! OP, would you buy my shares back at the price I bought them? This project is going nowhere. I have 892 shares.
I don't know what MCR think about that, but because I own 25% no public shares and if I buy your public shares, it is like I manipulate share markets. I think it's unfair for other shareholders and I can't offer this opportunity for everyone. edit: And 25% invest for that project is enaf for me |
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