So after reading about the potential 51% attack on bitcoin. It's good to know quark is more secure because of CPU mining. I think people will finally understand how quarks actually stand out and why our mining period was so rapid.
Quark CPU mining insure that each individual able to securely defend the network and protect it.
I'm not sure that is completely true. The problem with Bitcoin and a 51% attack is more about the pools than about ASIC's, though there is something of a potentially centralized problem with ASIC's, yes. Who has more mining pools, Bitcoin or Quark? I am pretty sure BTC has MANY MANY more pools. So, what that means is, due to Quark having fewer pools, it is even more important to watch for a 51% attack. You can have good people unknowingly mining in a bad pool - with no idea of the pools intention. I think the Gigahash.io double spend thing is exactly that. I would suggest some form of protocol for pools to follow that doesn't allow 1 to have more than 25% or some smaller arbitrary amount. A large holder of ASIC's (or CPU's) could still control a few pools in the same way though, so we need to work on this. For sure a single point of failure. I am a holder of both Quark and BTC, with the latter being much larger than the former. But I have to be honest here, the best Crypto's should win as this is about the people, not the money (per say.) |
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It looks like Alpha Technology is doing allright, even with all the fear and loathing going on here. If this website is at all accurate (and note this is a fraction of orders placed) the numbers look good. They have their "funding": http://alphat.emux.fr/Near 300,000 Pounds raised with close to a million pounds on the books. (And remember, this aren't all the orders). WOW!!!  Wow, not to troll but this world is crowded by desperate greedy people Possibly you got scammed for 300k pounds, it's incredible what you can achieve with a few imagines damn Good luck with your preorders I'm not sure what you mean - First, you say not to troll - Does that mean you are here just to judge? Second - What does greed have to do with this? Without a doubt buying a LTC is the best investment. Investing in a mining rig, that if you get, you can only hope to break even months and months later. So, it seems that many people here, me included, are trying to support the network, break even (eventually profit) and enjoy a hobby. And just a few images? They wrote a white paper, have a partner in India who got an ASIC chip running on an FPGA... What are you talking about? So in closing, do you even think before you post? |
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Near 300,000 Pounds raised with close to a million pounds on the books. (And remember, this aren't all the orders). WOW!!!
They'll need a lot more than that for development. The NRE for the mask set alone will be around $5million. But Sy has estimated total orders of 30GH/s on the litecointalk forum, which is 6000 5MH/s units (equivalent), or around 50,000 ASIC chips, so it looks like its going to be a profitable venture. Just FYI, trying not to be a hater.  Thanks for the info. I knew it was only a fraction of orders but not sure how much. All the hating going on here really took away from things, but at the same time understandable. Hopefully Alpha Technology starts to post here. Not sure why they wouldn't as other manufacturers have posted on the forum and Alpha Technology STARTED this thread! Do you have a link to the other forum discussion? Thx, IAS |
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It looks like Alpha Technology is doing allright, even with all the fear and loathing going on here. If this website is at all accurate (and note this is a fraction of orders placed) the numbers look good. They have their "funding": http://alphat.emux.fr/Near 300,000 Pounds raised with close to a million pounds on the books. (And remember, this aren't all the orders). WOW!!! |
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can someone explain what is the difference between 2 MSC, 5 MSC, or .1 MSC?
ie. if MSC is not a currency, but access to the MSC protocol, what do people do with different amounts of MSC?
eg. What can I do with 100 MSC that is different than what I can do with 0.1?
Is there some set limit to what 1 MSC can do, say, I can create one currency with every 1 MSC? So with 100 MSC I can create 100 currencies?
I don't understand Mastercoin much and I've wondered that too. But what if Mastercoin is used as a medium to exchange Cryptos as a part of a decentralized exchange. Not sure if it would be needed, but the properties it has beyond BTC and the value it would carry, could be quite valuable in these situations. Feel free to mock me if I am way off! IAS |
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Hey Lucacri,
Would it be tough on the dashboard to have the "Current Exchange" column have the same currency fields listed as "Avg purchase rate" column?
Basically it would allow us to see the current rate of the coin in USD and be able to compare that to the "Avg purchase rate" field.
What do you think?
Thanks,
IAS
ps - It is nice how you can click on one of your holdings and get further info, like the profit/loss in USD.
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It is nice that we only had to put down 30% or so. That shows some trust, at least to us that paid with CC's with some protection.
Actually the 30% down may work against you, as UK law states they don't have to refund any of the deposit if you change your mind. If you had paid in full you would be entitled to a full refund up until the day of shipment. They have agreed to partial refunds which on paper looks good. But.........If I was an evil genius, that's exactly what I would do. Then wait six months spread a load of FUD so everyone cancels. I'd only have to pay 50% back minus £70 fee. So even if I only sold 1000 5MH/s units, I'd pocket a cool quarter million, totally legally, then fold the company due to lack of resources. Just a thought When a company writes a refund guarantee policy (that is better then the minimum, if any, required by the law) that will be who they have to answer to. They can't just say "UK law states we don't have to refund any of the deposit if you change your mind." What kind of legal system do you think we have? (not an open invitation LOL, just they expression here.) You are going into an area that is speculation on top of speculation. Not really helping things here. This is the policy, plus whatever your payment system provides. Cancellation & Refund Policy
Within 0-1 month after receipt of payment: Full deposit will be refunded.
Within 1-3 months after receipt of payment: 75% of the deposit will be refunded.
Within 3-5 months after receipt of payment: 50% of the deposit will be refunded.
Please note a cancellation fee of £70 towards handling charges will be applicable along with any cancellation. I really hope it doesn't come to that. Would just be nice if they come on here and open up a bit. If questions get answered and such, they will close out the first batch quick imo. Right now there is a lot of fear here and their absence is making it and contributing to it getting worse. |
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THis will not just ruin High Electricity/GPU users, it will have a strong potential in destroying Altcoins all together eventually like bitcoin. It will turn into a rich mans game.. Difficulty will SKY rocket and when new multiprofit coin pools open and will rise up with new signups they will be switching and dumping like crazy which will eventually demolish these coins... I dont think they realise the potential repercussions of difficulty rising and and more miners joining because very soon even these asics wont catch up and then more asics are needed..$$$ - What is it you guys say " Shut up and take my money" Thats EXACTLY the words that are fuelling these scammers "IF THE RUMEROUS ARE RI"if infact they are whoever they are but most likely lurking the forums getting the info by our comments and people naive comments willing to throw all they got on these guys claiming they are the first to be able to produce these . sending in q2 q3
All I can say Is if you have free Electricity then you should be OK or even Very Cheap Electricity Via $12,000 Worth Of Solar panels on your double story house.. 12 Large panels to be exact, i will give you an example of one of my bills with Ducted aircon on through out the whole house in the summer 3 months of HEAT - total bill was $960 per Quarter, With the reductions and feedback into the grid the bill came down to $290 .
And Now again the bill is even cheaper they offered us an extra 15% of Electricity bills done by automatic payments.
But for the guys who are getting Smashed with Electricity the asic maybe the way to go..
All in all... I think Asic will turn Litcoin into Bitcoin... No one really wants that unless you have invested in over $10k Worth of equiptment AS A START - get ready to start upgrading...
Last of all I really dont know the if this will go ahead and if it does when ... Not very soon I can tel you that... Lets say you pay 5k on an order that will take 6 months to come... You either get scammed or you purchase the miner with only 5mhs which i nothing and will produce avergae reaults minus the power benifits. But by this time Diff has risen which bring profits down again... so be prepared for the next investement not long after for the upgrade.. You will not make your 5k back with in 6 months with alt coins I beleive .. Not with $5000
have The Crypto's that survive will be tested in many ways. We have already seen that they will be tested security wise, network wise, legally, politically, religiously, etc. If building a chip (ASIC) can eventually have bad results for a Cryptocoin, then we need to consider that a test. There is nothing fair in this. We are talking about a disruptive technology. It is anti-fragile and if truly so, it should adapt and strengthen and survive in a more mature form. And for that to happen they need to be tested every which way possible. These Cryptos, ideally, are for the benefit of mankind. So, to get there, it must be tested, really really tested. We are talking potentially trillions of dollars and millions to billioins of lives that will be interconnected with them. I don't want coins to survive because I have them. What helps mankind most is what I want to succeed. (But of course, it would be nice to have chosen correctly). A Crypto worth trillions, or even billions needs to be ready for any kind of attack, unfortunately. And until we get past this money thing, we need to improve on and iron out what we have. That will happen. Not sure of your last point. I don't think anyone here would argue that buying LTC's outright will definitely be a better investment than buying a miner. These miners, as advertised, seem to cost about 1/2 as much and use 1/20th the energy. I see it more as a way to support the network, eventually break even and then eventually have a very nice profit due to (imo) an eventually very high LTC price. And in a way, the hobby aspect is just plain fun. I could get a remote control helicopter or whatever and spend thousands or I can play a little sysadmin, support a revolutionary technology and get paid back my original investment. Hey, that sounds great to me  Now, back to the recent point of discussion here recently. I really hope Alpha Technology comes through for us, for many reasons, but also what I stated above. This is like crowd-funding. They appear to have a good idea and it attracted quite a few people. I think we all know it is a chance. And it won't return more than buying LTC outright. So we are here not for profits per say, fair point? That is clear to me. We are past the early days of BTC like returns from mining with an algorithm that is unfriendly to ASIC's. It is nice that we only had to put down 30% or so. That shows some trust, at least to us that paid with CC's with some protection. We have time to see what they create. IMO - They aren't going to jump from an idea to "Pay us now as we will be shipping in 8 to 10 weeks." We all expect to see progress, substantial progress and I would imagine a working prototype before collection. The way they got away from collecting everything upfront is a great sign to have. There is protection for us but still enough help financially to get this project really going. Do you agree with me that people having extremely cheap Electricity rates via SOlar and a place to put your miner away from the heat is something that will continue, as Script asics are not much more powerfull that GPU asics and asics seems to be on the highger level of price. Let alone this doesnt seem right, collecting money from people for q2, q3, q4.. Why not make a test batch with the frist order and do a ship to one of our memeber so that member can prove to the rest of us these things will be shipped anot not a scam.... I mean te orders will be flowing through even then which will enable them to start production pretty quickly For sure you will see miners (and perhaps older rigs) end up more in those "free electricity" places. Regarding the price to performance and energy efficiency issue - I think we can't look at a miner as just being e.g. 100% more powerful and 1/20th the energy usage. We should translate that out into a practical number/value based on where you are. If you can at least break even, there will always be miners everywhere. If not, then something has to adjust, as we don't want centralization in any sense. It must stay decentralized AND very well distributed, so good point there. This market is going to grow and grow fast. To a point I almost think it is out of our event horizon to predict what happens... The collecting money, just comes down to supply and demand. If there is no demand it will stop. And the interesting thing is, as mentioned before is, right now mining is not really about money for most. It can't be for as BTC moves forward, the concept of mining becomes a service, as it was designed to. The days of getting super rich with it are probably done, except for a few unique ideas along the way that perhaps give a new miner a semi substantial advantage for but weeks or even days maybe. As I said, this is essentially a crowdfunding campaign. Actually, might be nice for them to open things up as they have mentioned because things around here lately have been pretty quiet and I don't believe the first batch has sold out yet. |
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If the dollar and other world monies continue to have problems and Cryptos continue to grow, we are going to reach a crossroads and we all know what governments will say and what they will try to do. But, it depends on when that happens. We are already growing and "infiltrating" the fiat world. We may be attacked at some point in the near future, but it seems to me that government controlled fiat currencies are having problems all over the world and they are not going to blame Cryptos as the problem (perhaps as a straw that breaks the camels back, but camel is old and dying), Cryptos will rather be one of few alternatives (e.g. silver). If they don't take this train down soon (and perhaps even if they do), the inevitable result of this technology will be felt far and wide. I'll let you imagine what that is, so don't worry too much about the price...
Excellent and very pertinent point. I've often described it as a "pressure gradient" from fiat into cryptoes. I do quite a lot of commenting in online articles and sometimes describe cryptocurrencies as "unlevered, base money". Whereas credit money is highly levered, in other words there is only 1 chair for every 10 people in the credit money economy whereas that ratio is 1 to1 in cryptos. When the music stops (as in, when the US or Japan finally default on their levered-to-kingdom-come debt) it's clear where the "other 9" in the fiat world are going to run. Your point about crypto currencies being more about a technological revolution than price is also dead on. I actually crossed swords with a capital funds manager today on that. Here's the exchange (I was posting as 'indigopete'). http://www.telegraph.co.uk/finance/currency/10554405/Bitcoin-value-moves-back-above-1000-after-Zynga-move.html#comment-1189647862Well said. Thanks for the article, I am looking forward to going through it. Very nice discourse. LOL at your counterpart. Wow, I thought that man, Anthony J. Alfidi, in the article was a sock puppet or the like. I can't believe his responses to you. And he manages millions for others? Here is the website of the Capital Group they run. Sounds like they could use a bit of education, not to mention clarity. The would appreciate some discourse I am sure.  http://alfidicapitalblog.blogspot.de/2014/01/the-intersection-of-hyip-and-bitcoin.html |
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If the dollar and other world monies continue to have problems and Cryptos continue to grow, we are going to reach a crossroads and we all know what governments will say and what they will try to do. But, it depends on when that happens. We are already growing and "infiltrating" the fiat world. We may be attacked at some point in the near future, but it seems to me that government controlled fiat currencies are having problems all over the world and they are not going to blame Cryptos as the problem (perhaps as a straw that breaks the camels back, but camel is old and dying), Cryptos will rather be one of few alternatives (e.g. silver). If they don't take this train down soon (and perhaps even if they do), the inevitable result of this technology will be felt far and wide. I'll let you imagine what that is, so don't worry too much about the price...
Excellent and very pertinent point. I've often described it as a "pressure gradient" from fiat into cryptoes. I do quite a lot of commenting in online articles and sometimes describe cryptocurrencies as "unlevered, base money". Whereas credit money is highly levered, in other words there is only 1 chair for every 10 people in the credit money economy whereas that ratio is 1 to1 in cryptos. When the music stops (as in, when the US or Japan finally default on their levered-to-kingdom-come debt) it's clear where the "other 9" in the fiat world are going to run. Your point about crypto currencies being more about a technological revolution than price is also dead on. I actually crossed swords with a capital funds manager today on that. Here's the exchange (I was posting as 'indigopete'). http://www.telegraph.co.uk/finance/currency/10554405/Bitcoin-value-moves-back-above-1000-after-Zynga-move.html#comment-1189647862Well said. Thanks for the article, I am looking forward to going through it. |
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Quark will reach 1$-2$ friday 13th.
And will reach 10$-50$ after the Max Keiser report (probably 20th december).
Buy now while it's cheap!!!!!! This maybe is your last chance ever to get so much money!
Your life will be so much different with al this money in your bank account.
It's like going to the casino and playing roulette and putting 5000$ on a random number, only now your chance of winning is 80%!
It's like playing the lottery, not with 0.0000000028% chance of winning, but 80% chance of winning the jackpot!
It's your choice!
Times have changed a bit , a bit more I guess. what do you think, will quark ever reach 1-10 dollar? When bitcoin reaches 1 mil. That would be my bet But then again , I've seen some weird things happening so anything is possible. Also , IAS , I don't see you so much on the Wall Observer thread , what happened? I just stopped trading. It was wearing on me, too much work for what amounted to a small BTC loss (but a great fiat gain). When buy and hold gets better results, you stop "learning". I'm trying to spend that TA time looking more into BTC directly as well. Much more enjoyable. It just takes a lot of time to trade successfully AND I would have done better to buy and just hold, so that I now "due". I still enjoy checking in from time to time though. |
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Regarding saturation point, are you sure about that? No  It's just that when bitcoin goes up, I feel like it's going ballistic and the whole world economy is about to change **tomorrow** and when it's going down (as it did today) my rose-tinted specs come off and dark misty ones come straight on which make me think, of course, its actually going to zero  Brother JohnF ("good evening everyone, time for another bitcoin report, this is the 4 hour mt gox...") thinks we might be about to repeat the early December pattern which would project a $6000 BTC very quickly. But even he acknowledges it could be the 'long drawn' drift down before the next rally. (See from 4:30 if you're impatient). http://www.youtube.com/watch?v=sQ79__nkttQ&feature=c4-overview&list=UU2ORQrqEEJ168UCXJfJdNtQ(b.t.w. the whole 4 series of those is definitely worth watching - really fascinating stuff about the cryptolodgy and NSA compromising your PCs with listening devices). LOL with the Brother John quote, ehehe. I know his work well. I very much can relate to what you are feeling, and I bet many feel it as well. But something I have to share with you: We are a part of one of the largest experiments in recorded human history. And I understand we make it about money, because it deals with money. But that is the distraction in a way. This is so much more than money. We are taking a ride on an anti-fragile, disruptive, technologically advanced train. The price point is one point, but it is so small. Think about what this truly represents and the price becomes less of a factor, depending on your intentions albeit. If the dollar and other world monies continue to have problems and Cryptos continue to grow, we are going to reach a crossroads and we all know what governments will say and what they will try to do. But, it depends on when that happens. We are already growing and "infiltrating" the fiat world. We may be attacked at some point in the near future, but it seems to me that government controlled fiat currencies are having problems all over the world and they are not going to blame Cryptos as the problem (perhaps as a straw that breaks the camels back, but camel is old and dying), Cryptos will rather be one of few alternatives (e.g. silver). If they don't take this train down soon (and perhaps even if they do), the inevitable result of this technology will be felt far and wide. I'll let you imagine what that is, so don't worry too much about the price... |
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The thing that cryptos need now is some real world use.
Their speculative value has probably reached saturation point. None of the coins are in use, just sitting in wallets being traded for other coins which are also not in use.
How they will actually be used in real world trading remains to be seen. My own opinion is that transaction speed is irrelevant because blockchain transactions will never be used at the point of sale. Payment processors like Mastercard and Visa will handle all that - cryptos will just be another way to "charge your account". (Witness todays cryptocurrency exchanges - trades are more or less instant, regardless of a particular coin's blockchain transaction time).
So the dam will have burst for me if one of those payment processors (even Paypal) lets you charge your account with cryptos. Until then the crypto economy is mainly hypothetical and speculative I think.
Regarding saturation point, are you sure about that? Judging by more and more people learning about Cryptos but many being VERY hesitant to buy something at 1000, or 500 or 200 for that matter, the move into smaller cap Cryptos is JUST starting. Bookmark this and check back in at the end of the year and let's talk. And no problem if I'm wrong, but this is as clear as day - Money is moving into these Cryptos, and barring them being made illegal or the like, this is just starting. People want a choice. They will want to buy 100 or 10 or 1 of something to get involved. Many people are so frightened by the cost of a BTC (and it is my largest holding, I'm totally for it, clearly, but for many people it is not a choice.) And yes, we understand you can buy .1 BTC or point whatever, but a lot of people don't know the math, are a bit simple minded (which is fine), etc. and they are gonna look for something with more value (to their psych). I think BTC will always have 75% or more of the market (even 90% I could see at some point) and then you will have a 2nd place coin with 10%-20% and then a few will share 3%-5% or so and then the "relative" bottom dwellers. LTC looks like the clear #2 so far but that can change depending on the next few months to a year or so imo. Now, who is gonna be #3-#5 or so in a few months to a year? PPC, NMC, QRK, etc. We don't really know but QRK does have the potential to be there. It isn't just about being the best of course, VHS over BETA showed us that and many more examples. But Quark can do it, we'll see how the experiment unfolds. |
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Maybe the LTC Devs would fork LTC away Scrypt ASIC devices.
My BFL experience was a fun ride. I got my bank involved after I emailed BFL many times asking for a refund and being denied. I went onto the forums and posted some information I found on how to get a refund even after six months or longer. I was banned for life from the BFL forums and low and behold my ASIC was at my door less -than a week later.
Congrats to you bro. I read that thread and it's an honor to meet you! You saved a lot of people a lot of money and some headache as well from BFL. Unfortunately I used BTC with them but am looking forward to my transferred order of 50Gh via Mining by the Gigahash, the way BFL delivers, sometime in April-June. I'll make at least .05 BTC over the life I figure. ehehe, but my others ventures were all successes. Its about sharing |
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THis will not just ruin High Electricity/GPU users, it will have a strong potential in destroying Altcoins all together eventually like bitcoin. It will turn into a rich mans game.. Difficulty will SKY rocket and when new multiprofit coin pools open and will rise up with new signups they will be switching and dumping like crazy which will eventually demolish these coins... I dont think they realise the potential repercussions of difficulty rising and and more miners joining because very soon even these asics wont catch up and then more asics are needed..$$$ - What is it you guys say " Shut up and take my money" Thats EXACTLY the words that are fuelling these scammers "IF THE RUMEROUS ARE RI"if infact they are whoever they are but most likely lurking the forums getting the info by our comments and people naive comments willing to throw all they got on these guys claiming they are the first to be able to produce these . sending in q2 q3
All I can say Is if you have free Electricity then you should be OK or even Very Cheap Electricity Via $12,000 Worth Of Solar panels on your double story house.. 12 Large panels to be exact, i will give you an example of one of my bills with Ducted aircon on through out the whole house in the summer 3 months of HEAT - total bill was $960 per Quarter, With the reductions and feedback into the grid the bill came down to $290 .
And Now again the bill is even cheaper they offered us an extra 15% of Electricity bills done by automatic payments.
But for the guys who are getting Smashed with Electricity the asic maybe the way to go..
All in all... I think Asic will turn Litcoin into Bitcoin... No one really wants that unless you have invested in over $10k Worth of equiptment AS A START - get ready to start upgrading...
Last of all I really dont know the if this will go ahead and if it does when ... Not very soon I can tel you that... Lets say you pay 5k on an order that will take 6 months to come... You either get scammed or you purchase the miner with only 5mhs which i nothing and will produce avergae reaults minus the power benifits. But by this time Diff has risen which bring profits down again... so be prepared for the next investement not long after for the upgrade.. You will not make your 5k back with in 6 months with alt coins I beleive .. Not with $5000
have The Crypto's that survive will be tested in many ways. We have already seen that they will be tested security wise, network wise, legally, politically, religiously, etc. If building a chip (ASIC) can eventually have bad results for a Cryptocoin, then we need to consider that a test. There is nothing fair in this. We are talking about a disruptive technology. It is anti-fragile and if truly so, it should adapt and strengthen and survive in a more mature form. And for that to happen they need to be tested every which way possible. These Cryptos, ideally, are for the benefit of mankind. So, to get there, it must be tested, really really tested. We are talking potentially trillions of dollars and millions to billioins of lives that will be interconnected with them. I don't want coins to survive because I have them. What helps mankind most is what I want to succeed. (But of course, it would be nice to have chosen correctly). A Crypto worth trillions, or even billions needs to be ready for any kind of attack, unfortunately. And until we get past this money thing, we need to improve on and iron out what we have. That will happen. Not sure of your last point. I don't think anyone here would argue that buying LTC's outright will definitely be a better investment than buying a miner. These miners, as advertised, seem to cost about 1/2 as much and use 1/20th the energy. I see it more as a way to support the network, eventually break even and then eventually have a very nice profit due to (imo) an eventually very high LTC price. And in a way, the hobby aspect is just plain fun. I could get a remote control helicopter or whatever and spend thousands or I can play a little sysadmin, support a revolutionary technology and get paid back my original investment. Hey, that sounds great to me Now, back to the recent point of discussion here recently. I really hope Alpha Technology comes through for us, for many reasons, but also what I stated above. This is like crowd-funding. They appear to have a good idea and it attracted quite a few people. I think we all know it is a chance. And it won't return more than buying LTC outright. So we are here not for profits per say, fair point? That is clear to me. We are past the early days of BTC like returns from mining with an algorithm that is unfriendly to ASIC's. It is nice that we only had to put down 30% or so. That shows some trust, at least to us that paid with CC's with some protection. We have time to see what they create. IMO - They aren't going to jump from an idea to "Pay us now as we will be shipping in 8 to 10 weeks." We all expect to see progress, substantial progress and I would imagine a working prototype before collection. The way they got away from collecting everything upfront is a great sign to have. There is protection for us but still enough help financially to get this project really going. |
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your axes are really strange there... but if you look at it, there is also a bullish triangle consolidation pattern that is much more robust. no one is saying that these patterns are foolproof, anyway, and the claim that they 'work better in stocks' is also rubbish. it's not that easy to predict any market. --arepo I'm not trying to give you a hard time (just so you know). I like reading your posts. Regarding stocks vs BTC - I'm not sure you can quantify something like BTC, like a stock (doesn't mean you can't trade it successfully), because it is: - a stock in a sense (you own a piece of the network). - commodity - currency - payment system - asset - Protocol - ETC And all this is during a time of financial crisis. I just think trading BTC might make one miss just one move, and that one move, could be a biggy. Lastly, just for fun.  |
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Some perhaps, but it's clearly not a wedge regardless of the outcome. Just because it has converging trend lines does not make it a wedge. Same with the recent rise. People were calling it a wedge but it has absolutely ZERO wedge characteristics. Well, the forum (Trading View) were all up in arms about it when it happened. But lets look if it has ZERO of it's characteristics: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:rising_wedge_reversa1. Prior Trend: In order to qualify as a reversal pattern, there must be a prior trend to reverse. (Not a long pattern, so perhaps we call it a pennant, but just a technicality) CHECK2. Upper Resistance Line: It takes at least two reaction highs to form the upper resistance line, ideally three. Each reaction high should be higher than the previous high. Close but no cigar 3. Lower Support Line: At least two reaction lows are required to form the lower support line. Each reaction low should be higher than the previous low. CHECK4. Contraction: The upper resistance line and lower support line converge as the pattern matures. CHECK5. Support Break: Bearish confirmation of the pattern does not come until the support line is broken in a convincing fashion. It is sometimes prudent to wait for a break of the previous reaction low. Once support is broken, there can sometimes be a reaction rally to test the newfound resistance level. 6. Volume: Ideally, volume will decline as prices rise and the wedge evolves. An expansion of volume on the support line break can be taken as bearish confirmation. CHECKAnd guys, stock patterns are not to be treated like scientific observations. They are just not that exact. It is a toss up half the time and most of the time the pattern doesn't hold true. You can TA BTC ok, but nothing like a Stock (success wise). IAS |
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How many connections should I see if my port is forwarded correctly? Even with my port forwarded BTC QT wallet, I only sometimes see 9 connections. (Usually 8 and that is bad)
My Quarkcoin wallet is showing 15 active connections. I have no problem receiving payments, but I ordered one transfer 20 hours ago and I am still waiting (0 of 6 confirmations). Do I have to open / redirect any port in particular in my NAT / router? José Antonio Looks like yours is open. I found this "Quark uses 11973 Network port. Please open port 11973 on your router and post your IP there." here: http://altcoins.com/qrk-quark-super-secure-cryptographic-coin.htmlNot sure if that is right. Anyone? After opening port 11973 (via forwarding), my wallet says 100+ connections! |
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Well I was gonna order, but for now I will pass. Too much questions that are too easy to answer and still no answers  . What happened with the guy that was living nearby and was going to pay them a visit ? Also can the other guy that had an e-mail response from them just show them this thread and ask them to participate. I suppose most of the buyers are also reading this thread so it's in their favor to answer here the questions that were asked and assure everyone that they are not scammers. I mention to them in my email the thread. I closed with this_ Can you comment on this please? Might be a good idea to do so in the thread your company
started, to relax customers. So, Alpha Technologies is aware of what is going on here. And I hope they do comment. It is in their and our best interests. I mean the first batch has not sold out yet as far as I know. IAS |
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