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3761  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Begins TODAY! ☯ PoS ☯ exchanges ☯ on: April 20, 2014, 04:57:50 AM
Waffle pool just smashed through some buy walls and drove it down to 1508 satoshis for a moment. They're trying to take it slow it seems, letting the market recover a little before another 100-200k dump.

This will work out fine until the market starts selling off naturally, then waffle pool will sell as fast as they can.

They probably then have a person manually looking at the market and selling than a bot just dumping.
3762  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Begins TODAY! ☯ PoS ☯ exchanges ☯ on: April 20, 2014, 04:30:35 AM
Waffle just dumped another 200,000 White Coin on Mintpal. Someone put up a 5 BTC buy wall but it was crushed by waffle and some other sellers.

There seems to be a lot of buying appetite still. The buy orders are placed irrespective, but gobbled up each time.
3763  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Begins TODAY! ☯ PoS ☯ exchanges ☯ on: April 20, 2014, 04:24:42 AM
How do you know that it is WC that Wafflepool has to sell?
http://wafflepool.com/stats

I've been watching the stats closely. the 30,000 blocks are white coin. When they hit a new block the number goes up another 30,000 for the 5.4 million coin "mystery" coin. Also when they dump white coin you can see it happen on mintpal.

I see what you mean. WP just hit some moer 30k blocks and the unconfirmed number of the last "hidden" coin went up. Some moved to unexchanged waiting to be dumped. That 5m+ is definitely WC.
3764  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Begins TODAY! ☯ PoS ☯ exchanges ☯ on: April 20, 2014, 04:03:12 AM
How do you know that it is WC that Wafflepool has to sell?
http://wafflepool.com/stats

I've been watching the stats closely. the 30,000 blocks are white coin. When they hit a new block the number goes up another 30,000 for the 5.4 million coin "mystery" coin. Also when they dump white coin you can see it happen on mintpal.

And WP has to convert to pay their miners. I cant see that much of buying power unless price goes real low. And what if WP stays on WC tomorrow, then another 6m coins.

Profit switching pools are coin killers.
3765  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Begins TODAY! ☯ PoS ☯ exchanges ☯ on: April 20, 2014, 03:58:45 AM
How do you know that it is WC that Wafflepool has to sell?
3766  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Begins TODAY! ☯ PoS ☯ exchanges ☯ on: April 19, 2014, 05:30:05 PM
You have to do something interesting or different if you want to survive
Now we will see the dev works and what he plan to do with his premine
But the community is the most important
Thatīs the key of success


When last has the dev posted?
3767  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NORTH KOREA COIN (KOR) - From Creator of The World's 2nd "Cryptocurrency" on: April 19, 2014, 05:14:55 PM
whats with crating a pure scrypt coin. Are you living in the past? The ASICs are here.
3768  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Begins TODAY! ☯ PoS ☯ exchanges ☯ on: April 19, 2014, 01:57:18 PM
How do you unlock your wallet for minting but still leave it encrypted?

Encrypt your wallet. Then go into debug and type in walletpassphrase <yourpassphrase> <timeout in seconds>. Replace the first one with your password and the second one many seconds eg. 99999999. This will temporarily unlock it. When you close and open it will be locked again and you have to type the unlock thing in again.
3769  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Begins TODAY! ☯ PoS ☯ exchanges ☯ on: April 19, 2014, 12:48:15 PM
Does anyone know the dedicated pool owner or an e-mail address for them

My account was locked when i put in the wrong password and the unlock email is not coming through?

Look in your spam folder.
3770  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Begins TODAY! ☯ PoS ☯ exchanges ☯ on: April 19, 2014, 10:42:18 AM

OMG!!!



It just stands for "leet", which is a interwebz slang word with a similar meaning than expert or if you are good at something.  This trader/trading bot places his price manipulation bids in increments spelling "leet" as 1337. Everyone knows this.
3771  Alternate cryptocurrencies / Announcements (Altcoins) / Re: MGC Magneticoin SHA256 START 13.04.14 on: April 19, 2014, 10:07:33 AM
refresh page www.magneticoin.net

Yet again, after several messages, several posts in the thread with no reply, please give us more information on the fundamentals of the coin and the future plans, what pre-mine will be used for and preferably the pre-mine public address so that we can see what you do with the pre-mine coins. These things will give much more value to the coin and instil confidence.  Typing replies to the information required will take much less time than to create a fancy Quicktime video of the MGC logo on a website, which adds no value at all. Fancy websites do not add value to coins.
3772  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 19, 2014, 08:24:46 AM
is it too late to join your multipool and get some blackcoins ?
feeling a big dumb here because i saw this coin on day 1 and didn't mine it
was mining other stupid dead coin instead

It seems that the BC community is working nicely together with responsible trading within the upper and lower limits working towards the cause. While it might be possible that erratic trading could occur if a whale enters the scene, this behaviour has become less because of the collective contribution of the community to the cause. Ask yourself with hindsight if it would have been a good call to invest in LTC when it was at 0,00045 or BTC when it was at 0,00045? Now fast forward to now and ask yourself it is a good call to invest in BC at 0,00045? If you connect the dots here you will have your answer. My suggestion is to take a long term view on this. If you do a net present value (NPV) calculation, use a conservative future value of $10 per BC inflow and then all your current expenses become your outflows over time. Decide what your cost of capital is including opportunity cost of how much you could have made if you placed it in anything else and you will come up with a nice positive figure.
3773  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 19, 2014, 07:59:57 AM
Someone is doing a very good job of maintaining price stability with a gradual increase. Stability is one of the most important aspects for new investment.
3774  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Begins TODAY! ☯ PoS ☯ exchanges ☯ on: April 18, 2014, 06:56:44 PM
Thanks for the nice profit pumpers!

You sold when the action just started? Thanks for cheep cheep Cheesy

did you just cry ?? 1950 satoshi

I sold at 1650.... seemed high at the time. 

see how low it will seem once 5,000

It will crash back down to at least 1200 before PoW ends.

it never knows. it's all speculation in the cryptoworld

yes, I don't think any of us need the disclaimer that we're about as reliable as a 20 day weather forecast.  

it may be 1000 again or rise to 10,000 in 2 days - let's wait and see Smiley

I agree, it could go up or down  Grin
3775  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Begins TODAY! ☯ PoS ☯ exchanges ☯ on: April 18, 2014, 04:12:49 PM
Take your profits before it goes under 1000.
3776  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Begins TODAY! ☯ PoS ☯ exchanges ☯ on: April 18, 2014, 03:58:39 PM
Graph looks typical of incoming dump where pumpers will take their profit. Might settle lower around 800 before next pump.
3777  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Begins TODAY! ☯ PoS ☯ exchanges ☯ on: April 18, 2014, 08:31:05 AM

Stop crying this are not ASICS, he just rented hash. Everyone could do that, even I did at the beggining. (with nicehash.com)

How many workers does the pool allow and if you rent can you point 1.5Ghs rental power as a single miner to the pool?
3778  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Begins TODAY! ☯ PoS ☯ exchanges ☯ on: April 18, 2014, 08:29:33 AM

Why was Script chosen as the algo for PoW? The ASICs will therefore get the remaining 5000 blocks.

ASICs were around here for a long time. But that is probably 1.5ghash asic miner? its frightening  Sad

I dont think there is a single machine yet with that power. The guy probably has 7 or 8 250MHs workers. Maybe it is a manufacturer testing his machines, making some money in the process.
3779  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Begins TODAY! ☯ PoS ☯ exchanges ☯ on: April 18, 2014, 08:23:01 AM

Why was Script chosen as the algo for PoW? The ASICs will therefore get the remaining 5000 blocks.
3780  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Begins TODAY! ☯ PoS ☯ exchanges ☯ on: April 18, 2014, 08:14:31 AM

So Scrypt ASICs have arrived in force.
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