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Author Topic: [ANN] [XEL] :: Elastic - The Decentralized Supercomputer ::  (Read 214776 times)
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toonwer
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August 31, 2017, 06:13:15 PM
 #2121

Volume is around 100 BTC. The lowest rate I have ever seen.
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Redawn
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August 31, 2017, 06:22:14 PM
 #2122

Volume is around 100 BTC. The lowest rate I have ever seen.

Well that means there is something...I think this little diamond will gonna rock and I it wil blow a lot of shitty ico that are over promoted by people who only thinks of dollars.

So low volume is a good sign. People are working on the product in all silence.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM
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August 31, 2017, 08:27:12 PM
 #2123

Volume is around 100 BTC. The lowest rate I have ever seen.

The volume hit 50 BTC a month ago or so. Most projects stay dormant like this until more developments happen from the already hardworking devs, then the huge spike comes in and these levels will never be seen again which also comes with people being angry as they had plenty of time to buy in low. All you need to do is wait and or accumulate as much XEL as you can.

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August 31, 2017, 09:19:11 PM
 #2124

Volume is around 100 BTC. The lowest rate I have ever seen.

The volume hit 50 BTC a month ago or so. Most projects stay dormant like this until more developments happen, then the huge spike comes in and these levels will never be seen again which also comes with people being angry as they had plenty of time to buy in around these levels.
Volume is around 100 BTC. The lowest rate I have ever seen.

Well that means there is something...I think this little diamond will gonna rock and I it wil blow a lot of shitty ico that are over promoted by people who only thinks of dollars.

So low volume is a good sign. People are working on the product in all silence.

Trading volume reflects the interest in the market. Accordingly "Low Vol" represents a lower interest of traders.
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August 31, 2017, 09:28:06 PM
 #2125

Volume is around 100 BTC. The lowest rate I have ever seen.

The volume hit 50 BTC a month ago or so. Most projects stay dormant like this until more developments happen, then the huge spike comes in and these levels will never be seen again which also comes with people being angry as they had plenty of time to buy in around these levels.
Volume is around 100 BTC. The lowest rate I have ever seen.

Well that means there is something...I think this little diamond will gonna rock and I it wil blow a lot of shitty ico that are over promoted by people who only thinks of dollars.

So low volume is a good sign. People are working on the product in all silence.

Trading volume reflects the interest in the market. Accordingly "Low Vol" represents a lower interest of traders.

There were days when ETH, Ripple, Dash & Stratis had volumes at these levels, when the project is more developed the spike in value comes then every idiot tries to jump on the bandwagon but it is usually too late. The project is under the radar indeed but there are some who are accumulating and waiting for the future for the finished product, those are the traders who believe in XEL and are risking most and will have the highest returns. Elastic is one of a few currently undervalued great projects IMO.

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August 31, 2017, 09:35:18 PM
 #2126

I like the way that there are different contending "supercomputer" ventures. The opposition will push the genuine improvement of this critical crypoto genuine application range!

stupid_seb
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August 31, 2017, 11:14:28 PM
 #2127

Trading volume reflects the interest in the market. Accordingly "Low Vol" represents a lower interest of traders.


Generally true... but it also depends on the order book...
Low volumes also means people are holding and waiting for the right price to sell their tokens (keep in mind that the price is quite low atm).
It's a known "whale group" technique to hold coins for a certain time and then release and pump up using buy and sell walls.


toonwer
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August 31, 2017, 11:50:01 PM
 #2128

Volume is around 100 BTC. The lowest rate I have ever seen.

The volume hit 50 BTC a month ago or so. Most projects stay dormant like this until more developments happen, then the huge spike comes in and these levels will never be seen again which also comes with people being angry as they had plenty of time to buy in around these levels.

Trading volume reflects the interest in the market. Accordingly "Low Vol" represents a lower interest of traders.

There were days when ETH, Ripple, Dash & Stratis had volumes at these levels, when the project is more developed the spike in value comes then every idiot tries to jump on the bandwagon but it is usually too late. The project is under the radar indeed but there are some who are accumulating and waiting for the future for the finished product, those are the traders who believe in XEL and are risking most and will have the highest returns. Elastic is one of a few currently undervalued great projects IMO.
You're right "there was a time". My faith in XEL is strong as yours. I'll hold my XEL as long as it takes.
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August 31, 2017, 11:59:09 PM
 #2129

Trading volume reflects the interest in the market. Accordingly "Low Vol" represents a lower interest of traders.


Generally true... but it also depends on the order book...
Low volumes also means people are holding and waiting for the right price to sell their tokens (keep in mind that the price is quite low atm).
It's a known "whale group" technique to hold coins for a certain time and then release and pump up using buy and sell walls.



Why didn't I think of that?  Smiley Its very interesting point of view.
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September 01, 2017, 12:19:36 AM
 #2130

hi 'xel'ers, How about full node and Fully functional elastic? now we are using lite-wallet, Is there an approximate date for the full version? Thank you
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September 01, 2017, 02:39:15 AM
 #2131

Are there some issues with the desktop wallet? Currently having some issues loading this...

The beginning of a new era.
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September 01, 2017, 02:48:39 AM
 #2132

I read somewhere that this coin has masternodes, does it? Nonetheless I'll follow up this coin!

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September 01, 2017, 06:46:27 AM
 #2133

I read somewhere that this coin has masternodes, does it? Nonetheless I'll follow up this coin!

There was an idea of supernodes and guard nodes some time ago, but it looks like devs are now rewriting the node in order to get rid of them, and avoid unnecessary complicated network strucuture. Not sure what's the actual status though, since neither EK nor coralreefer didn't specify exactly what is the planned network model.

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September 01, 2017, 02:44:10 PM
 #2134

Hi,  say I want to run a data mining project in this elastic supercomputer.
This project would require a somewhat large data set to download to the system.
Then it would require some software to read the and conduct the analysis using the supercomputer.
Let say I could write a program to do so if needed (though could be complex).

How far away are we from elastic capability to allow something like this.
Or are we already there in principle?
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September 01, 2017, 03:15:44 PM
 #2135

Hi,  say I want to run a data mining project in this elastic supercomputer.
This project would require a somewhat large data set to download to the system.
Then it would require some software to read the and conduct the analysis using the supercomputer.
Let say I could write a program to do so if needed (though could be complex).

How far away are we from elastic capability to allow something like this.
Or are we already there in principle?

In principle it can do what you stated; however, it would certainly depend on your definition of a large data set.  Here are a couple of things to note:

  1) We need EK to confirm that max storage size that the network can handle....right now the miner is coded to only allow 256MB memory use, but that is just a random number I picked...it will depend on what EK determines the network can handle as part of the message traffic.
  2) Currently, the Elastic UI doesn't allow the job author to upload a starting dataset....the current miner / node design accommodate this, but the UI would need to be modified to provide a way to upload the data
  3)  In the existing design, for smaller datasets (i.e. < 100K or so) you'd just include the dataset in the ElasticPL code and use it to initialize the variables during the first round.

So again, it would depend on what you consider a large dataset...as we've pointed out numerous times, the current design of Elastic was not intended for data intensive tasks such as rendering, machine learning, etc.
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September 01, 2017, 06:31:44 PM
 #2136

Hi,  say I want to run a data mining project in this elastic supercomputer.
This project would require a somewhat large data set to download to the system.
Then it would require some software to read the and conduct the analysis using the supercomputer.
Let say I could write a program to do so if needed (though could be complex).

How far away are we from elastic capability to allow something like this.
Or are we already there in principle?

In principle it can do what you stated; however, it would certainly depend on your definition of a large data set.  Here are a couple of things to note:

  1) We need EK to confirm that max storage size that the network can handle....right now the miner is coded to only allow 256MB memory use, but that is just a random number I picked...it will depend on what EK determines the network can handle as part of the message traffic.
  2) Currently, the Elastic UI doesn't allow the job author to upload a starting dataset....the current miner / node design accommodate this, but the UI would need to be modified to provide a way to upload the data
  3)  In the existing design, for smaller datasets (i.e. < 100K or so) you'd just include the dataset in the ElasticPL code and use it to initialize the variables during the first round.

So again, it would depend on what you consider a large dataset...as we've pointed out numerous times, the current design of Elastic was not intended for data intensive tasks such as rendering, machine learning, etc.

Thank you, thinking about this, the project which eventually offers data intensive tasks will be in high demand.
Just speculating wildly, but imagine a network where nodes are incentivated to actually grow in processing power, storage capacity, and network latency (become supercomputers themselves), through maybe mixing proof-of-work, proof-of-capacity, proof-of-bandwidth rewards.  A future user of the network can upload their data and also manipulate and process it using "fuel" in this distributed network, where the information and information processing is shared by the nodes. One can imagine; probably some have thought in this direction.







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September 01, 2017, 07:16:03 PM
 #2137

this happens when i login to web explorer:

Quote
Warning: You are most likely on a fork (base target is very high).


this happens when i click on forging (my coins are on block 93000) :


Quote
Your effective balance is zero, you cannot forge. (Effective balance is your balance after 750 block confirmations).



whats wrong here?

*push*
snowboard789
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September 02, 2017, 11:28:59 AM
 #2138

will it matter how much cpu/ram the forging node will have for the xel it generates? would make sense for a supercomputer ?
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September 02, 2017, 02:41:08 PM
 #2139

will it matter how much cpu/ram the forging node will have for the xel it generates? would make sense for a supercomputer ?

Forging blocks does not create XEL. You only get XEL that is paid as transaction fees.

If you want to earn XEL by selling cpu power, maybe (not sure) turning off forging is a good idea.

Of course I don't know when that will be possible

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September 02, 2017, 05:01:40 PM
 #2140

marketcap to 100million $ ? that means price will be 1.15$ ?

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