|
Anyone feel like COSS could use a better name?
I feel like its current name is not marketing it well.
|
|
|
|
Well it looks like the price hasn't dropped that much even though 18 BTC buy walls are gone. Good thing deposits are disabled...
Oh yeah? Shift is currently $2.8. It was that much back in June. Talk about fail. Fortunately my Shift on Bittrex is fine. |
|
|
|
Yes, it was quite remarkable that SNC seemed to hold its ground quite well in this dip/crash. If an alt goes down in these kind of situations, the explanation is quite easy: if btc goes down so does the rest. But if an alt DOESN'T go down, that's good news! That means it is rising silently. If BTC recovers, SNC might hit very high altitudes. Well it should because it usually is about 1/10th of Power Ledger market cap, which has tech behind SunContract, only marketed better. |
|
|
|
|
Last 6 months crypto has been more as an obsession than a hobby.
Fortunately I invested nothing except some money in mining equipment.
I'm going to uninstall all crypto tracking apps from my phone and pick up some good video games to keep me busy until my vacation which starts 25th Feb.
It's only too bad that my vacation money is in crypto. But I hope it will bounce back somewhat in early March so I don't have to sell half my portfolio.
|
|
|
|
|
It doesn't neccessarily have to be bad news that create Bitcoin (and altcoin) drops.
It always happens around this time of the year.
BUT!
Now it's much worse for 2 reasons.
1) Bitcoin and altcoins went up so much in price that the correction has to be larger than before. Bitcoin is still x8/x9 from this time last year.
2) With recent huge surges in value, a lot of people have made a lot of profit. It's time to cash out. I would've done that as well if I made as much money.
|
|
|
|
It is cycle of hashrates-difficulty
I'm not sure that's the case. While the hashrate increases 20%, the difficulty goes up 300%. This is not normal. The difficulty is recalculated every block according to the hash rate at that moment.
As the hashrate increases, the difficulty increases.
I can live with steady increase/decrease in difficulty, but if it's going to spike like crazy making your profits extremely unsteady, then it's a serious issue for mining. With this coin there's no way to calculate 24h profits. You can have 1.5GBX/24h with 35mil hashrate, and suddenly 0.8GBX with 40mil hashrate. Is this, or not to mine at all. If the difficulty would be steady, imagine what NH would do ^_^ They would mine 10000x times your power. Well if NiceHash was to jump on GoByte then it would profit us all. You would get more hashrate to process your transactions and I would move to another coin with more stable difficulty where I can calculate my 24h profit. Right now I have to predict when the difficulty is going to spike 300% for no apparent reason. If NiceHash is jumping on GoByte then why is hashrate barely going up while the difficulty spikes 300%? That's not how it works. Ever heard of stuck chains? Miners mine at 300 diff. Nicehash comes in, mines 24 blocks at 300 difficulty, difficulty is retargeting at 3000, chain gets stuck for 3 days. Because you will have to pusj 24 blocks at 3000 difficulty with 10 Ghs Yeah but why does this only happen to GoByte? Why can't it be more like this? https://www.crypto-coinz.net/coin-info/?7-BitcoinZ-BTCZ-Equihash-calculator/BitcoinZ is one of the top coins to mine. |
|
|
|
It is cycle of hashrates-difficulty
I'm not sure that's the case. While the hashrate increases 20%, the difficulty goes up 300%. This is not normal. The difficulty is recalculated every block according to the hash rate at that moment.
As the hashrate increases, the difficulty increases.
I can live with steady increase/decrease in difficulty, but if it's going to spike like crazy making your profits extremely unsteady, then it's a serious issue for mining. With this coin there's no way to calculate 24h profits. You can have 1.5GBX/24h with 35mil hashrate, and suddenly 0.8GBX with 40mil hashrate. Is this, or not to mine at all. If the difficulty would be steady, imagine what NH would do ^_^ They would mine 10000x times your power. Well if NiceHash was to jump on GoByte then it would profit us all. You would get more hashrate to process your transactions and I would move to another coin with more stable difficulty where I can calculate my 24h profit. Right now I have to predict when the difficulty is going to spike 300% for no apparent reason. If NiceHash is jumping on GoByte then why is hashrate barely going up while the difficulty spikes 300%? |
|
|
|
$0,708618 USD (-18,34%)
0,00007797 BTC (-10,19%)
0,00066333 ETH (-15,82%)
:/
Everything is dumping. I bought coss at $0.3 so this is the only coin where I'm still profiting. |
|
|
|
could you list some of these competitors? If your thinking about tron or siacoin neither of them are really all that similar to shift, I think shift has the best general purpose approach. Ofc we must see how the team develops the platform
Lisk and SUB are the two competitors that come to my mind. There are a couple of new ones (I think one even had an ICO recently) but I can't remember their names. No problem, sell if you are impatient. What they are building is complex and won't happen overnight. What they are building will deliver a great need for the world. I will hodl, I don't care about natural market fluctuations like the one we are currently in, it is good for purging the weak hands.
Yeah, Shift is one of my oldest coins and I've been waiting forever. The same reason why I dumped Nexus. I just didn't see it having any real meaning anytime before 2019 and the development was crawling. Waves is next in line. I've held Waves forever and while still giving a few times profit from when I bought them, compared to other coins, Nexus, Waves and Shift have disappointed me. |
|
|
|
It is cycle of hashrates-difficulty
I'm not sure that's the case. While the hashrate increases 20%, the difficulty goes up 300%. This is not normal. The difficulty is recalculated every block according to the hash rate at that moment.
As the hashrate increases, the difficulty increases.
I can live with steady increase/decrease in difficulty, but if it's going to spike like crazy making your profits extremely unsteady, then it's a serious issue for mining. With this coin there's no way to calculate 24h profits. You can have 1.5GBX/24h with 35mil hashrate, and suddenly 0.8GBX with 40mil hashrate. |
|
|
|
|
I'm very disappointed in SHIFT.
While all coins are dropping due to corrections, SHIFT is seriously losing ground a lot more than the other coins. It's not far from being down to its price 6 months ago.
I will not sell yet because everything is in red. I will wait until it recovers but after that I'm out. The coin is painfully slow and there are competitors which have either overtaken it or about to overtake it.
|
|
|
|
Can someone explain this difficulty spike? There doesn't seem to be much difference in hash rate, but difficulty suddenly spikes 3x for a couple of hours and then drops down. I have not seen this happening with most other coins. GoByte difficulty is often very spiky. Why is that?  |
|
|
|
|
We do not them to accept ICOs, but to allow free crypto trading!
|
|
|
|
|
I never invested in ICOs and never will, so this news is good for me as the money coming into crypto will be put in the existing projects. It pretty much benefits all of us who are holding the coins that are already in the "system".
Instagram is owned by Facebook, it would be logical if Instagram as well bans ICO ads since Facebook already did that.
|
|
|
|
Why is there no information on the GoByte website for adding to exchanges: HitBTC.com and KuCoin.com ??
And on the forums there is information.
I'd like to know this as well. HitBTC was confirmed by the dev, but KuCoin is something only one person here mentioned, so it's not confirmed. |
|
|
|
Considering how much shit's been dumping lately, we will fall so low that 2017 gains might just be possible again  |
|
|
|
|
I'm very positive that COSS is a good investment.
The devs are hard working and it will just go up.
|
|
|
|
|
COSS will go x3-x5 when they release FIAT deposit/withdraw in March. After that if it moons or not depends on how well devs get trading going. But they are very hard working.
SunContract it has 10% of Power Ledger market cap. And is already trading energy, something no rivals have achieved yet. It just needs some more marketing and it's going to moon.
|
|
|
|
Any chance on lowering the listing fee on this exchange? From what I see, the listing fee is around 200,000 COSS tokens right? And right now, each COSS is around 0.00008765 BTCtc (at current price). So that's almost 18 BTCtc listing fee? Isn't that a bit absurd? Or am I missing something here. Correct me if I'm wrong.  That was the old price, they just haven't removed it yet also coins that have trading promos get listed for free I think. Also another thing, I spoke to COSS RUNE in slack and he advised me to let anyone hear know that if they have a support problem to PM me your usernames and transaction i.ds of pending or missing deposits, withdraws so he can relay them immediately to the devs. So if any of you have issues still please pm me here and I will forward your problems to Rune in slack DM as soon as I get online within 24 hours. I hope I can be of help. That's nice and all but they should put some information elsewhere so people know. Your post will soon disappear and no one will read it. Also, if 200.000 coss was the last price perhaps they should change that information. |
|
|
|
|
Is this confirmed? GoByte on both HitBTC and KuCoin?
|
|
|
|
|
Show Posts
