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Author Topic: 🚀🚀🚀🚀 | GorillaBucks | Custom Multipool LIVE | Social Media Network | 💵🐵💵  (Read 133302 times)
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mamahdedeh
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May 27, 2015, 09:46:42 AM
 #601

so i invested 20btc + on 10k... than swap to teeth only got 2600... and now that 2600 teeth worth 0.5 btc... wtf is going on? Huh Huh

You only have yourself to blame as it seems you are too attached to your coins. You have to assess these things all the time and get out when it is high and get back in when it is low. Very few coins can be kept all the time for long term and never get in and out. There are those but very few.

There were two correct strategies for 10k/Teeth. You could have sold your 10k stake regularly in the beginning and then when the price was low raked up some stash before the swop. Then swop it for Teeth and immediately sold all of the Teeth while it was going from 600k to 100k and then buy back at 30-40k. An alternative strategy was to keep all your 10k but sell Teeth immediately after the swop between 600k-100k and then buy back now.

Both strategies would put you at 10-20x your original investment, however there was not enough Teeth demand for strategy B and definitely not enough to offline 2600 Teeth. Strategy A worked the best with small tx throughout the process. Your next mistake was putting 20 BTC into a single altcoin. There is never enough volume to play with 20BTC in legitimate trading, meaning excluding pump group action. You cannot manoeuvre with that amount and cannot safely get out if needed. You must put in 1-2 BTC as there is normally enough volume to safely exit at short notice if need be. Rather take the rest of your 20BTC and put it in different coins to spread your risk.

Teeth is probably at its low point now and is starting to look more of a longer term coin. Remember that the altcoin market likes action and as everyone knows Spots, he puts an effervescent tablet in the glass from time to time to spice things up. Dev action/non-action is one of the most important things driving coin price. Teeth will probably not go lower than 10k sats unless people that talk like you start panic selling. In my previous assessment I put Teeth at 50-70k with an additional up to 30k allocated as goodwill to Spots. It traded in that range for some time. In the absence of factors like high POS, swops and other attributes that causes high volatility its new range for the time being is 10k-40k, until Spots puts the next tablet in the glass.

Spots has proved to be a solid, no-nonsense dev looking after his coins and their holders and is a very important factor for the future of a coin. The future of his 4 coins are therefore more optimistic over the longer term compared to others that are around and there seems to be regular R&D going on by Spots & Co. An important factor to keep in mind is the ability that Spots has developed to be able to manoeuvre the direction and attributes of a chain with little effort and impact to the integrity of the chain, which might look insignificant now but is an important requirement to apply monetary policy in a digital world. For the rest, it is up to the individual holders to spot opportunities along the way. Remember that dev action creates volume, volume creates volatility, volatility creates opportunity and opportunity creates profit. Apart from this you have to apply common sense, do not give in to greed and do not do anything before assessing the risk.

One last point - there comes a time where it does not matter if you hold 100k or 1.5m of a coin as it makes no difference. If you understand this then you have come a long way.


shit story ,


Dev please make another coin

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soloasi
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May 27, 2015, 09:47:41 AM
 #602

how long does it take to get a transaction (TEETH) done? Huh its already an hour since i did a deposit and nothing appears on my wallet.  Angry
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May 27, 2015, 10:27:15 AM
 #603

how long does it take to get a transaction (TEETH) done? Huh its already an hour since i did a deposit and nothing appears on my wallet.  Angry

Make sure you are on correct version please and synced up

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May 27, 2015, 10:31:40 AM
 #604

shit story ,


Dev please make another coin

lol
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May 27, 2015, 12:10:46 PM
 #605

shit story ,


Dev please make another coin

lol

shitcoins master Cheesy


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arniebaby
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May 27, 2015, 06:13:48 PM
 #606

LOL. Wonder what effect on my shitcoins' value bringing out another shitcoin will have?
Does seem awfully like we're funding some pretty pointless experiments. But hey ho maybe when they're worthless we can trade them in for a handful of the next experiment.

//insert image of balls price chart followed by gorillateeth price chart.

NARNIE-YYITR3-V6BVJ7-GGR5EO-GRIZZ2-WEMD4A-AAUD
NEM NEM NEM NEM NEM NEM NEM NEM NEM NEM
crypto4jan
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May 27, 2015, 06:51:55 PM
 #607

Is gorilla.exchange ok?
Try to make an EnergyCoin deposit and see a waiting screen with no info.
After reload it was ok
No trading yet there?
Olso not in MMXIV and BTC?
Hope the exchange is now stable.
Edit: I did a deposit or is the exchange closed?
The ENRG deposit is not visable yet in the balances.

e2wwnbU8XBcnZxSfMTwZLS7Ru6LdWHunCu
00000a5ac2dc57cfb0b92bc8be7731fe6a94a8c1c49a0d2f32e9e2da4f7d2308
pjcltd
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May 27, 2015, 07:02:27 PM
 #608

Is gorilla.exchange ok?
Try to make an EnergyCoin deposit and see a waiting screen with no info.
After reload it was ok
No trading yet there?
Olso not in MMXIV and BTC?
Hope the exchange is now stable.
Edit: I did a deposit or is the exchange closed?
The ENRG deposit is not visable yet in the balances.
Hi I will jump on the server at find out for you.
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May 27, 2015, 07:30:25 PM
 #609

Is gorilla.exchange ok?
Try to make an EnergyCoin deposit and see a waiting screen with no info.
After reload it was ok
No trading yet there?
Olso not in MMXIV and BTC?
Hope the exchange is now stable.
Edit: I did a deposit or is the exchange closed?
The ENRG deposit is not visable yet in the balances.
Hi I will jump on the server at find out for you.

hi i can see this transaction
"681e1636ba6fecf509edb426404b0b17e48230b418869feb9468fde75c16ecd1"
for 99999.80000000
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May 27, 2015, 08:46:15 PM
 #610

LOL. Wonder what effect on my shitcoins' value bringing out another shitcoin will have?
Does seem awfully like we're funding some pretty pointless experiments. But hey ho maybe when they're worthless we can trade them in for a handful of the next experiment.

//insert image of balls price chart followed by gorillateeth price chart.

TEETH is still finding it's floor I'm sure theres still a bunch of butt hurts holding it left over from people who didn't know how to use proper strategy with 10k and balls so I'm happy to catch their dumping at these low prices and thank them. lol I don't think most people in crypto know what a long term coin looks like so of course it will take time to build it's long term community that knows how to benefit from a coin like TEETH in the long run ha for most a week is a long term hold. ha try planning for a few weeks with newb coins let alone months

and a big thank you to whom ever sold into my little buy orders for VARY on trex this morning  Cool my wallets getting some nice weight behind it now

#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH 
WAVES
fonzerrellie
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May 27, 2015, 08:57:58 PM
 #611

lol most coin devs can't even handle 1 coin on a consistent basis let alone maintain it for well over a year like Spots has done with MMXIV all while being highly productive on his other coins so he's already proven he's more than up to the task of running his 4 coins which all have their own unique benefits/qualities and aren't just copies of the latest trends... in fact I think we all know that aspects of his coins will be whats copied by the copy cat devs

yet haters will hate

#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH 
WAVES
Phosphorous
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May 27, 2015, 10:36:24 PM
 #612

so i invested 20btc + on 10k... than swap to teeth only got 2600... and now that 2600 teeth worth 0.5 btc... wtf is going on? Huh Huh
The altcoin game is zero-sum. For everyone who wins, someone must lose.
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May 27, 2015, 11:25:29 PM
 #613

so i invested 20btc + on 10k... than swap to teeth only got 2600... and now that 2600 teeth worth 0.5 btc... wtf is going on? Huh Huh
The altcoin game is zero-sum. For everyone who wins, someone must lose.
Cheesy Cheesy Cheesy Cheesy
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May 27, 2015, 11:53:26 PM
 #614

so i invested 20btc + on 10k... than swap to teeth only got 2600... and now that 2600 teeth worth 0.5 btc... wtf is going on? Huh Huh
The altcoin game is zero-sum. For everyone who wins, someone must lose.
Cheesy Cheesy Cheesy Cheesy

look before you leap, you can only play the size of game that the field can handle, you'll always burn yourself trying to go deeper than the water your swimming in, learn to read coins/markets better... live and learn

if you drop 20 btc into any alt that isn't doing 100's+ BTC in trade a day every day for months then your taking a HUGE risk, unless you're a pro whale with a pump group that knows what they're doing.

#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH 
WAVES
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May 28, 2015, 02:33:01 AM
 #615

first of all i didnt dump 20 btc at one time... and btw im slowly dumping 5 more btc in to teeth right now..



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crypto4jan
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May 28, 2015, 03:41:39 AM
Last edit: May 28, 2015, 04:25:57 AM by crypto4jan
 #616

Is gorilla.exchange ok?
Try to make an EnergyCoin deposit and see a waiting screen with no info.
After reload it was ok
No trading yet there?
Olso not in MMXIV and BTC?
Hope the exchange is now stable.
Edit: I did a deposit or is the exchange closed?
The ENRG deposit is not visable yet in the balances.
Hi I will jump on the server at find out for you.

hi i can see this transaction
"681e1636ba6fecf509edb426404b0b17e48230b418869feb9468fde75c16ecd1"
for 99999.80000000

thx I 'he traded into some MMXIV.
edit; I placed some buy and sell orders but now not displayed.
Check:

e2wwnbU8XBcnZxSfMTwZLS7Ru6LdWHunCu
00000a5ac2dc57cfb0b92bc8be7731fe6a94a8c1c49a0d2f32e9e2da4f7d2308
elgimpo
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May 28, 2015, 04:41:46 AM
 #617

I cant see anything in gorilla exchange. Its like every market is just empty.

Using Chrome.
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May 28, 2015, 05:02:59 AM
 #618

Thank you for the reports, looking into it. Try placing an order. Do the phantom orders re-appear?

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May 28, 2015, 05:42:31 AM
 #619

GorillaBucks will be getting an update to version 4.0.4 very soon. It will be a mandatory upgrade prior to Block 12864 - Will speed up blocks so the extra coins can be burned. The new staking system will kick in at Block 16000. Current rates are a bit too low for the time spent gaining weight. We will use a modified version of the new staking system introduced by Variance after Block 16,000. The reason for the increase in rewards is due to the massive amount of coins being burned very shortly

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May 28, 2015, 05:58:24 AM
 #620

sorry iam newbie here , i want to know about block explorer VARY
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