MarkyD151
Newbie
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Activity: 16
Merit: 0
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July 24, 2017, 04:11:21 PM |
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What is reasoning behind current price pump? It is nice to see, but with lack of any news it worries me that it is just artificial. I picked up a decent amount during last few days. I do not really plan on selling for a while, until at least some of the tech has been released.
It is obvious, arbitrage difference between YuanBao and Bittrex has closed, so what has happened is that somebody got the opportunity to arbitrage trade between the two exchanges, thus resulting in a new price on both exchanges that is the middlepoint in the previous gap. So now new fundamentals, just a more liquid market. I think you are absolutely correct. Easy to see. Wish I woulda been the one to do the arb - ha ha. Been picking off a few arbs on HitBTC. Nothing to write home about. I passed the info you shared on the HitBTC trollbox, and some idiot told me to stop FUDing. While, yeah, I wouldn't mind grabbing even more at a lower price, I am certainly wanting the price to go up, not down :-). That news is definitely not FUD. It is actually the opposite. I was trying to ease their minds that it wasn't a typical pump and dump. I don't believe any major dump is going to happen. Due to the Yuanbao arb being the main reason for the increase. Glad we finally got our coins after the password fiasco. The devs and CEO kept their words. So I am staying the long haul. You might be right/wrong, this project hate to be valued below $2 and everyone knows this. Many interested investors are being made to hold because of bounty talks and believe that bounty participants would dump so they kind of waiting on bounty dump before they start buying but it might backfire; For the same reason your arb comment sounds like a FUD because you make it look like it's impossible for this coin to do 35% overnight? maybe you have no idea what we have here, but to me and a many others, this is not a pump neither is it arb effect; it's a normal demand interest. I agree mostly. However, the arb was obvious. And yeah, a lot of investors scrambled to buy, before the price leveled off. Totally agree, it is still way undervalued. I definitely know this coin can do well over 35% overnight, even without a deliberate pump. I was just saying, as timvim stated, it was totally obvious that someone figured out a way to arb Yuanbao. This is still positive in my opinion. I did not FUD, that is for certain. I was just as happy as most to wake up to the nice surprise this morning :-). I have enough DCT to not need to buy more. I want price to go up not down.
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luksbit
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July 24, 2017, 07:19:42 PM |
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What is reasoning behind current price pump? It is nice to see, but with lack of any news it worries me that it is just artificial. I picked up a decent amount during last few days. I do not really plan on selling for a while, until at least some of the tech has been released.
It is obvious, arbitrage difference between YuanBao and Bittrex has closed, so what has happened is that somebody got the opportunity to arbitrage trade between the two exchanges, thus resulting in a new price on both exchanges that is the middlepoint in the previous gap. So now new fundamentals, just a more liquid market. I think you are absolutely correct. Easy to see. Wish I woulda been the one to do the arb - ha ha. Been picking off a few arbs on HitBTC. Nothing to write home about. I passed the info you shared on the HitBTC trollbox, and some idiot told me to stop FUDing. While, yeah, I wouldn't mind grabbing even more at a lower price, I am certainly wanting the price to go up, not down :-). That news is definitely not FUD. It is actually the opposite. I was trying to ease their minds that it wasn't a typical pump and dump. I don't believe any major dump is going to happen. Due to the Yuanbao arb being the main reason for the increase. Glad we finally got our coins after the password fiasco. The devs and CEO kept their words. So I am staying the long haul. You might be right/wrong, this project hate to be valued below $2 and everyone knows this. Many interested investors are being made to hold because of bounty talks and believe that bounty participants would dump so they kind of waiting on bounty dump before they start buying but it might backfire; For the same reason your arb comment sounds like a FUD because you make it look like it's impossible for this coin to do 35% overnight? maybe you have no idea what we have here, but to me and a many others, this is not a pump neither is it arb effect; it's a normal demand interest. Before launching the main network, by the comments here it seemed that the project was going to be released at $ 10. But even being $ 1 to $ 2 I believe that this project is for HOLD. I wanted to buy some more, but I'll wait for the bounty distribution, the price should fall.
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sockpuppet1911
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July 24, 2017, 07:45:04 PM |
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What is reasoning behind current price pump? It is nice to see, but with lack of any news it worries me that it is just artificial. I picked up a decent amount during last few days. I do not really plan on selling for a while, until at least some of the tech has been released.
It is obvious, arbitrage difference between YuanBao and Bittrex has closed, so what has happened is that somebody got the opportunity to arbitrage trade between the two exchanges, thus resulting in a new price on both exchanges that is the middlepoint in the previous gap. So now new fundamentals, just a more liquid market. I think you are absolutely correct. Easy to see. Wish I woulda been the one to do the arb - ha ha. Been picking off a few arbs on HitBTC. Nothing to write home about. I passed the info you shared on the HitBTC trollbox, and some idiot told me to stop FUDing. While, yeah, I wouldn't mind grabbing even more at a lower price, I am certainly wanting the price to go up, not down :-). That news is definitely not FUD. It is actually the opposite. I was trying to ease their minds that it wasn't a typical pump and dump. I don't believe any major dump is going to happen. Due to the Yuanbao arb being the main reason for the increase. Glad we finally got our coins after the password fiasco. The devs and CEO kept their words. So I am staying the long haul. You might be right/wrong, this project hate to be valued below $2 and everyone knows this. Many interested investors are being made to hold because of bounty talks and believe that bounty participants would dump so they kind of waiting on bounty dump before they start buying but it might backfire; For the same reason your arb comment sounds like a FUD because you make it look like it's impossible for this coin to do 35% overnight? maybe you have no idea what we have here, but to me and a many others, this is not a pump neither is it arb effect; it's a normal demand interest. Before launching the main network, by the comments here it seemed that the project was going to be released at $ 10. But even being $ 1 to $ 2 I believe that this project is for HOLD. I wanted to buy some more, but I'll wait for the bounty distribution, the price should fall. Those $ 10 at start comments were hilarious. It should go there but it goes even more down before that, going up always takes longer then predicted. Untill it's parabolic
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MarkyD151
Newbie
Offline
Activity: 16
Merit: 0
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July 24, 2017, 08:49:17 PM Last edit: July 24, 2017, 08:59:42 PM by MarkyD151 |
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What is reasoning behind current price pump? It is nice to see, but with lack of any news it worries me that it is just artificial. I picked up a decent amount during last few days. I do not really plan on selling for a while, until at least some of the tech has been released.
It is obvious, arbitrage difference between YuanBao and Bittrex has closed, so what has happened is that somebody got the opportunity to arbitrage trade between the two exchanges, thus resulting in a new price on both exchanges that is the middlepoint in the previous gap. So now new fundamentals, just a more liquid market. I think you are absolutely correct. Easy to see. Wish I woulda been the one to do the arb - ha ha. Been picking off a few arbs on HitBTC. Nothing to write home about. I passed the info you shared on the HitBTC trollbox, and some idiot told me to stop FUDing. While, yeah, I wouldn't mind grabbing even more at a lower price, I am certainly wanting the price to go up, not down :-). That news is definitely not FUD. It is actually the opposite. I was trying to ease their minds that it wasn't a typical pump and dump. I don't believe any major dump is going to happen. Due to the Yuanbao arb being the main reason for the increase. Glad we finally got our coins after the password fiasco. The devs and CEO kept their words. So I am staying the long haul. You might be right/wrong, this project hate to be valued below $2 and everyone knows this. Many interested investors are being made to hold because of bounty talks and believe that bounty participants would dump so they kind of waiting on bounty dump before they start buying but it might backfire; For the same reason your arb comment sounds like a FUD because you make it look like it's impossible for this coin to do 35% overnight? maybe you have no idea what we have here, but to me and a many others, this is not a pump neither is it arb effect; it's a normal demand interest. Here is proof of what timvim and I were saying. Someone found a way to Arb Yuanbao, and that is the reason for the spike - which ends up about midway between the gap that used to be between Yuanbao and Bittrex. Below are links to pictures of the charts for both exchanges. Bittrex - https://i.imgur.com/rHoq7Bw.pngYuanbao - https://i.imgur.com/mADbspX.pngIt is plain as day what happened. As stated earlier, I still feel DCT is severely undervalued.
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housebtc
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July 24, 2017, 09:37:34 PM |
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I rather the price go up after the bounty dumpers dump their coins.
Which of the dumps are your referring to, the bounty tokens have not been released to the bounty participant even till now the team has not mentioned the date the distribution is going to take place, so there is no need to worry about bounty tokens crashing the price for now
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sockpuppet1911
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July 24, 2017, 09:40:37 PM Last edit: July 24, 2017, 09:58:36 PM by sockpuppet1911 |
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I rather the price go up after the bounty dumpers dump their coins.
Which of the dumps are your referring to, the bounty tokens have not been released to the bounty participant even till now the team has not mentioned the date the distribution is going to take place, so there is no need to worry about bounty tokens crashing the price for now I thought he was pretty clear. He was talking about tutut bounty dumps, they would crash the price lower if the price would not get up now. And they have mentioned the 3 month period.
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dzarmush
Legendary
Offline
Activity: 1806
Merit: 1001
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July 25, 2017, 12:53:47 AM |
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what does it mean automated maintenance on bittrex DCT wallet?
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housebtc
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July 25, 2017, 05:45:07 AM |
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what does it mean automated maintenance on bittrex DCT wallet?
It is a normal activity on Bittrex, it is not new even Ethereum wallet is usually under maintenance just to be up to date with their security and prevent any possible breach that any wallet can cause
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aisyah88
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July 25, 2017, 07:50:09 AM |
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god dammit we should have been buying but I set my buy orders low 2500 sants never once hit , usually a new coin like this has wild swings up and down
No big down swings on this guys what is holding it up?
I've been saying this even before launch, this coin is not going below ico like everyone expects. The tech and idea is too much for several swings like every other coin. Many are gonna wish they started buying ike like many wished they joined ico. Hopefully you are right. Well see what happens in 3 months. That will not happen if the bounty funds have not been shared yet, but if dev has already distributed bounty funds, it is likely to hit the price you expect, if you are more patient it is likely that you get the same price from buying DCT's lowest price on Bittrex exchange. .
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hubballi
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July 25, 2017, 08:47:18 AM |
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god dammit we should have been buying but I set my buy orders low 2500 sants never once hit , usually a new coin like this has wild swings up and down
No big down swings on this guys what is holding it up?
I've been saying this even before launch, this coin is not going below ico like everyone expects. The tech and idea is too much for several swings like every other coin. Many are gonna wish they started buying ike like many wished they joined ico. Hopefully you are right. Well see what happens in 3 months. That will not happen if the bounty funds have not been shared yet, but if dev has already distributed bounty funds, it is likely to hit the price you expect, if you are more patient it is likely that you get the same price from buying DCT's lowest price on Bittrex exchange. . I dont think that even if the bounty funds are released which is still pending to send , if once the bounty coins are distributed we can see 30 to 50% of price down surely, but it will also be depended on the decent community who will just buy it all and maintain the price to not drop less.
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Dewi08
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July 25, 2017, 09:46:29 AM |
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god dammit we should have been buying but I set my buy orders low 2500 sants never once hit , usually a new coin like this has wild swings up and down
No big down swings on this guys what is holding it up?
I've been saying this even before launch, this coin is not going below ico like everyone expects. The tech and idea is too much for several swings like every other coin. Many are gonna wish they started buying ike like many wished they joined ico. Hopefully you are right. Well see what happens in 3 months. That will not happen if the bounty funds have not been shared yet, but if dev has already distributed bounty funds, it is likely to hit the price you expect, if you are more patient it is likely that you get the same price from buying DCT's lowest price on Bittrex exchange. . I dont think that even if the bounty funds are released which is still pending to send , if once the bounty coins are distributed we can see 30 to 50% of price down surely, but it will also be depended on the decent community who will just buy it all and maintain the price to not drop less. Although the funds have not been distributed to everyone, with the reason dev is afraid there is a big dumper on bittrex exchange, that does not mean they make unreasonable excuses, I think if they will distribute September not mean they will not see dumper, They will see it in next September, so what's the difference for the current distribution by September !!!
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housebtc
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July 25, 2017, 07:57:03 PM |
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god dammit we should have been buying but I set my buy orders low 2500 sants never once hit , usually a new coin like this has wild swings up and down
No big down swings on this guys what is holding it up?
I've been saying this even before launch, this coin is not going below ico like everyone expects. The tech and idea is too much for several swings like every other coin. Many are gonna wish they started buying ike like many wished they joined ico. Hopefully you are right. Well see what happens in 3 months. That will not happen if the bounty funds have not been shared yet, but if dev has already distributed bounty funds, it is likely to hit the price you expect, if you are more patient it is likely that you get the same price from buying DCT's lowest price on Bittrex exchange. . I dont think that even if the bounty funds are released which is still pending to send , if once the bounty coins are distributed we can see 30 to 50% of price down surely, but it will also be depended on the decent community who will just buy it all and maintain the price to not drop less. Although the funds have not been distributed to everyone, with the reason dev is afraid there is a big dumper on bittrex exchange, that does not mean they make unreasonable excuses, I think if they will distribute September not mean they will not see dumper, They will see it in next September, so what's the difference for the current distribution by September !!! Why an earth would dev care about the price of decent? They have already said that they release bounty in batches, that is the most they can and will do. Yeab that is true almost one month and no one receive anything from bounty participants , time remains only two month hope we can see batches in list and date assigned , i predict also DCT price will never go under 25 if bounty released or not . Are you Nostradamus, there is no way the bounty tokens will not have influence on the price, but how low the price will go I can tell, another thing to consider before releasing those tokens is the timing of release
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dzarmush
Legendary
Offline
Activity: 1806
Merit: 1001
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July 25, 2017, 09:46:12 PM |
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what does it mean automated maintenance on bittrex DCT wallet?
It is a normal activity on Bittrex, it is not new even Ethereum wallet is usually under maintenance just to be up to date with their security and prevent any possible breach that any wallet can cause Why devs are silent though? What's going on with Decent?
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ja23
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July 25, 2017, 10:08:58 PM |
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what does it mean automated maintenance on bittrex DCT wallet?
It is a normal activity on Bittrex, it is not new even Ethereum wallet is usually under maintenance just to be up to date with their security and prevent any possible breach that any wallet can cause Why devs are silent though? What's going on with Decent? They are not silent, they recently fixed a bug earlier today and wrote a blog post about it. Since it's very much technical stuff, the communication was on the mining slack channel. And rightly so, since it involved a lot of Linux code.
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luksbit
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July 25, 2017, 10:16:27 PM |
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what does it mean automated maintenance on bittrex DCT wallet?
It is a normal activity on Bittrex, it is not new even Ethereum wallet is usually under maintenance just to be up to date with their security and prevent any possible breach that any wallet can cause Why devs are silent though? What's going on with Decent? They are not silent, they recently fixed a bug earlier today and wrote a blog post about it. Since it's very much technical stuff, the communication was on the mining slack channel. And rightly so, since it involved a lot of Linux code. Yes, it seems that this correction made at least the slowest network for me. My wallet is almost 1 hour trying to sync with the network. Is someone else having the same problem?
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ja23
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July 25, 2017, 10:17:51 PM |
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what does it mean automated maintenance on bittrex DCT wallet?
It is a normal activity on Bittrex, it is not new even Ethereum wallet is usually under maintenance just to be up to date with their security and prevent any possible breach that any wallet can cause Why devs are silent though? What's going on with Decent? They are not silent, they recently fixed a bug earlier today and wrote a blog post about it. Since it's very much technical stuff, the communication was on the mining slack channel. And rightly so, since it involved a lot of Linux code. Yes, it seems that this correction made at least the slowest network for me. My wallet is almost 1 hour trying to sync with the network. Is someone else having the same problem? Are you using Linux? If so did you update? I believe a new Windows download is coming later today.
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luksbit
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July 26, 2017, 01:27:19 AM |
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what does it mean automated maintenance on bittrex DCT wallet?
It is a normal activity on Bittrex, it is not new even Ethereum wallet is usually under maintenance just to be up to date with their security and prevent any possible breach that any wallet can cause Why devs are silent though? What's going on with Decent? They are not silent, they recently fixed a bug earlier today and wrote a blog post about it. Since it's very much technical stuff, the communication was on the mining slack channel. And rightly so, since it involved a lot of Linux code. Yes, it seems that this correction made at least the slowest network for me. My wallet is almost 1 hour trying to sync with the network. Is someone else having the same problem? Are you using Linux? If so did you update? I believe a new Windows download is coming later today. I use Windows, so I'll wait for the release of the new version. The client was open until now, thanks for the information.
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aisyah88
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July 26, 2017, 10:25:10 AM |
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Although this new update is issued by dev, we still have to wait until September, and they have not dared to release it for bounty distribution, so whatsoever for this year and they have so many investors out there, but are afraid of bounty hunter. ..
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