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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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soltantgris
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March 10, 2016, 12:47:43 PM |
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Please explain ? I see that price is somewhat reaching the ''low'' it reached after the bubble collapse. |
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molecular (OP)
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Activity: 2772
Merit: 1019
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March 10, 2016, 02:09:36 PM |
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Please explain ? I see that price is somewhat reaching the ''low'' it reached after the bubble collapse. maybe he saw it in a mirror? |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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LTEX
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Activity: 1023
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ltex.nl
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March 10, 2016, 02:15:02 PM |
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Please explain ? I see that price is somewhat reaching the ''low'' it reached after the bubble collapse. maybe he saw it in a mirror? I think he clicked on the 3 months button. Then it looks nice indeed :-) |
A fool will just look at the finger, even if it points to paradise!
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rocanonz
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March 10, 2016, 04:37:19 PM
Last edit: March 10, 2016, 05:23:52 PM by rocanonz |
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Please explain ? I see that price is somewhat reaching the ''low'' it reached after the bubble collapse.  1) AUR has broken up the historical resistance (green line). 2) Double Bottom Reversal. |
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molecular (OP)
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March 10, 2016, 05:39:18 PM |
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1) AUR has broken up the historical resistance (green line).
2) Double Bottom Reversal.
aaah. switch to LOG, ok  cool. hadn't noticed break of the resistance. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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molecular (OP)
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March 10, 2016, 05:49:17 PM |
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 Last bus stop to get on? Otherwise look at the back of the bus driving away? ;-) |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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sofu
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Degenerate Crypto Gambler
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March 10, 2016, 05:59:59 PM |
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Please explain ? I see that price is somewhat reaching the ''low'' it reached after the bubble collapse. 1) AUR has broken up the historical resistance (green line). 2) Double Bottom Reversal. With that long accumulation phase it can make an x10  |
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rocanonz
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March 26, 2016, 03:14:36 PM |
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 Slowly heading north. *ascending |
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soltantgris
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March 28, 2016, 02:07:00 AM |
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Slowly heading north. *ascending Price is holding into the 22-28k range for some time now - even with multipool auto-selling, and this is something positive. This is clear nobody want to sell at this moment. There is good buy offers at 20k+, and still nobody fill it. So we see people accumulating between 22-28k - and this will help the next price rise. I know Auroracoin team is not focussing on price - but still, to get a shot at icelandic market, we know AUR price will need to be WAY highter. This triangle thing is nice - but when promotion will start rolling in iceland, I wonder how far it will propulse AUR. |
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rocanonz
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March 28, 2016, 01:11:55 PM |
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Slowly heading north.
*ascending
Price is holding into the 22-28k range for some time now - even with multipool auto-selling, and this is something positive. This is clear nobody want to sell at this moment. There is good buy offers at 20k+, and still nobody fill it. So we see people accumulating between 22-28k - and this will help the next price rise. I know Auroracoin team is not focussing on price - but still, to get a shot at icelandic market, we know AUR price will need to be WAY highter. This triangle thing is nice - but when promotion will start rolling in iceland, I wonder how far it will propulse AUR. AUR is a „game theory” enforcing tool for Icelanders seeking for changing the rules of the Icelandic monetary game. How far this new game will reach depends on: - AUR tools offered to Icelanders based on proof that they are secured mechanisms for value store and exchange - marketing of these tools so that people can know they exist and are easy to use - the Icelandic belief system and will of action as it is now regarding property, freedom and value in a broad sense My answer is: I don't know how much AUR value can increase but I have an intuition that high enough Only good old time will tell... --- Given the ultra low liquidity and possible manipulation of this market is just fun for me to do technical analysis on it. For entertainment purpose only. |
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rocanonz
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March 28, 2016, 03:46:20 PM |
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Thank you. You can repost it |
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rocanonz
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April 04, 2016, 07:35:28 PM |
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I've placed a reasonable small sell order at 0.001BTC I'm convinced it's a very good deal for anyone interested  * buy signal enforced. |
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soltantgris
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April 05, 2016, 12:21:40 AM |
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I've placed a reasonable small sell order at 0.001BTC I'm convinced it's a very good deal for anyone interested * buy signal enforced. Indeed. It's pretty safe to say that most if not all guys from the dev team won't sell significant pieces until it's actually possible to use it first. |
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rocanonz
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April 15, 2016, 01:36:58 PM |
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Much silence here. Any new prediction?
I forsee a hot summer in Iceland. Hotter and greener than usual.
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molecular (OP)
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April 15, 2016, 03:01:27 PM |
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currently thinking "buy the rumor sell the news" could be a good approach.
I'm selling a bit on every rise to dampen the hype. I agree with the team that the last thing the coin needs is a pump & dump.
If the market wants it, we wont be able to stop it though... not me at least.
Prediction: I think we'll see 100k before may 1st
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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solid12345
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Activity: 1246
Merit: 1000
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April 15, 2016, 06:12:04 PM |
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currently thinking "buy the rumor sell the news" could be a good approach.
I'm selling a bit on every rise to dampen the hype. I agree with the team that the last thing the coin needs is a pump & dump.
If the market wants it, we wont be able to stop it though... not me at least.
Prediction: I think we'll see 100k before may 1st
The thing about price rises is you'll think its a pump and dump until it's not. The reality is AUR is alot rarer than what CMC reports because many coins are lost due to exchange hacks and theft, alot of the supply is also locked up in native Icelanders hands, alot more in strong hands who held thru 2 years, people who deleted their wallets thinking it was a fad and this is just me talking about the supply. How do you put a price on what could be the beginnings of an entire country, albeit small, using crypto? Think about the worldwide media attention it could bring. |
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soltantgris
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April 15, 2016, 07:41:41 PM |
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currently thinking "buy the rumor sell the news" could be a good approach.
I'm selling a bit on every rise to dampen the hype. I agree with the team that the last thing the coin needs is a pump & dump.
If the market wants it, we wont be able to stop it though... not me at least.
Prediction: I think we'll see 100k before may 1st
The thing about price rises is you'll think its a pump and dump until it's not. The reality is AUR is alot rarer than what CMC reports because many coins are lost due to exchange hacks and theft, alot of the supply is also locked up in native Icelanders hands, alot more in strong hands who held thru 2 years, people who deleted their wallets thinking it was a fad and this is just me talking about the supply. How do you put a price on what could be the beginnings of an entire country, albeit small, using crypto? Think about the worldwide media attention it could bring. I share your view. Crypto world is so used to PnD from devs that most people can't hardly trust any project. Told this before - after being burned many times by scammers in cryptos, I decided to put my money and efforts only in projects I would be part of. Took me some time to jump into AUR project, but now I fully trust the team behind, so I don't fear any backstab from them. And as you said, some of them are from the biggest AUR owners - so the ''danger'' of a dump from that side is so little I don't even consider it as existant. But how to know until you know ?  BUT I don't know if I should trust people eating rotten shark, animal balls, and letting their womens showing her attributes around #freethenipple Fearless prediction : Aur will be 2016 most supported success story in crypto. Lets the battle begins. |
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Porte
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April 16, 2016, 07:13:46 AM |
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currently thinking "buy the rumor sell the news" could be a good approach.
I'm selling a bit on every rise to dampen the hype. I agree with the team that the last thing the coin needs is a pump & dump.
If the market wants it, we wont be able to stop it though... not me at least.
Prediction: I think we'll see 100k before may 1st
Do you have a converter to know how much is 100K in Dollars? |
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