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Author Topic: [ANN] HUSH Secure Private Messaging and Transactions [Equihash]  (Read 79291 times)
bardacuda
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September 20, 2017, 10:59:02 PM
 #461

Does anyone know why coinmarketcap is showing a huge (more than 2x) spike in market cap today? The price has gone up but only single digit %. Were there some coins burned or something?

1.13 close price to 2.08 close price 1.2M to 2.1M market cap, numbers makes sense (sort of)
I guess "daily" market cap depends on at which point they snapshot the price

No, the price was already at 1.95 over 24 hours ago. I am talking the market cap spiking from 2.3M to 4.9M @ 19:45 UTC for seemingly no reason.
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dodopool
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September 21, 2017, 12:10:26 AM
 #462

Does anyone know why coinmarketcap is showing a huge (more than 2x) spike in market cap today? The price has gone up but only single digit %. Were there some coins burned or something?

1.13 close price to 2.08 close price 1.2M to 2.1M market cap, numbers makes sense (sort of)
I guess "daily" market cap depends on at which point they snapshot the price

No, the price was already at 1.95 over 24 hours ago. I am talking the market cap spiking from 2.3M to 4.9M @ 19:45 UTC for seemingly no reason.

sorry i was looking at the historical data. If you want to project instant market cap, which is what that graph tries to do, you should account BTC price as well. Because afaik there is no fiat to hush market. During last week, btc price keeps jumping up and down sometimes more than 150$ in less than a minute window. May be the planets aligned and made that jump - just a theory Smiley

bardacuda
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September 21, 2017, 12:26:34 AM
 #463

Jesus christ dude, market cap is measured in dollars. Besides that, I'm 110% sure bitcoin did not more than double in price within the timeframe between 19:25 and 19:45 anyway. Did you even look at the graph??



Why not just say you don't know or just don't reply, instead of typing meaningless words and nonsensical babble?
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September 21, 2017, 12:37:00 AM
 #464

Jesus christ dude, market cap is measured in dollars. Besides that, I'm 110% sure bitcoin did not more than double in price within the timeframe between 19:25 and 19:45 anyway. Did you even look at the graph??



Why not just say you don't know or just don't reply, instead of typing meaningless words and nonsensical babble?

Because Coinmarketcap had the wrong supply (static value) and have since gotten it closer to what the actual supply is (block height x 12.5)
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September 21, 2017, 12:54:14 AM
 #465

Because Coinmarketcap had the wrong supply (static value) and have since gotten it closer to what the actual supply is (block height x 12.5)

Ok thanks. Did this coin have the same slow start like ZCash or was it 12.5/block right from the start? Even if so I guess that would have only affected the first 20k blocks anyway so it wouldn't have a huge effect on total supply at this point. coinmarketcap must have had over 1 million coins unnacounted for :p
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September 21, 2017, 01:00:23 AM
 #466

Because Coinmarketcap had the wrong supply (static value) and have since gotten it closer to what the actual supply is (block height x 12.5)

Ok thanks. Did this coin have the same slow start like ZCash or was it 12.5/block right from the start? Even if so I guess that would have only affected the first 20k blocks anyway so it wouldn't have a huge effect on total supply at this point. coinmarketcap must have had over 1 million coins unnacounted for :p

Correct, the site had the supply as 1.1M for like three months, if not longer.
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September 21, 2017, 01:37:01 AM
 #467

Jesus christ dude, market cap is measured in dollars. Besides that, I'm 110% sure bitcoin did not more than double in price within the timeframe between 19:25 and 19:45 anyway. Did you even look at the graph??


Why not just say you don't know or just don't reply, instead of typing meaningless words and nonsensical babble?

chill... i already said i was just guessing.

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Jesus christ dude, market cap is measured in dollars.

that is precisely why I mentioned btc, since there is no hush to fiat market (no dollars no nothing) the conversion is hush -> btc -> usd

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September 21, 2017, 03:21:35 AM
 #468

Right, instead of reading what I wrote or trying to understand it, you just imply that I don't understand how market cap is calculated or how to read the chart, as if that clears everything up and the question can be overlooked. Meanwhile you don't bother to look at the chart yourself even after your first reply. Since I was talking about dollar value and market cap, that means btc value is obviously already factored in. Now we have several posts back and forth and it got us nowhere. The same Dunning–Kruger shit happens all the time and it gets pretty annoying after awhile.
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September 21, 2017, 04:06:19 AM
 #469

Can anyone chime in on why coinmarketcap decided to get the supply correct now? This happened with another coin recently and I don't understand where they are getting their data from.
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September 21, 2017, 06:10:57 AM
 #470

Nice i see that price go up... i did expect that...

Well its still far away where was before...

But slowly growt and steady price would be ok..

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Tadzka
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September 21, 2017, 08:31:09 AM
 #471

Any idea when is this coin coming to different exchanges?

sebaio
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September 21, 2017, 08:58:06 AM
 #472

in the real world this coin just lost 50 % in value,

but we are in disneyland and the price per coin just went up a bit.
bardacuda
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September 21, 2017, 01:34:17 PM
 #473

in the real world this coin just lost 50 % in value,

but we are in disneyland and the price per coin just went up a bit.

Nothing actually happened to the supply, just one website's accounting of it.

It's only half as undervalued as one would have thought by glancing at it on that site, but that still leaves it incredibly undervalued.
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September 21, 2017, 02:32:52 PM
 #474

in the real world this coin just lost 50 % in value,

but we are in disneyland and the price per coin just went up a bit.

Nothing actually happened to the supply, just one website's accounting of it.

It's only half as undervalued as one would have thought by glancing at it on that site, but that still leaves it incredibly undervalued.

I don't understand what you two are saying, could you explain this to me  ?
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September 21, 2017, 02:34:06 PM
 #475

Can anyone chime in on why coinmarketcap decided to get the supply correct now? This happened with another coin recently and I don't understand where they are getting their data from.

We have been reaching out to them to correct the total supply, looks like they finally decided to manually update it. I'm reaching out again now to find a way to programmatically keep it up to date

stupid_seb
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September 21, 2017, 03:03:47 PM
 #476

What an incredible Gem this coin!

buzzkillb
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September 21, 2017, 03:06:29 PM
 #477

Can anyone chime in on why coinmarketcap decided to get the supply correct now? This happened with another coin recently and I don't understand where they are getting their data from.

We have been reaching out to them to correct the total supply, looks like they finally decided to manually update it. I'm reaching out again now to find a way to programmatically keep it up to date

DNR ended up making a supply api for cmc to query for their feed. Took a while for them to get it going, but much better than adding nearly 1mil Hush to the supply randomly one day.

To those wondering why this matters, some are judging a coins worth on marketcap. Whattomine pulls their supply number from coinmarketcap.
madbuda
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September 21, 2017, 03:51:50 PM
 #478

Can anyone chime in on why coinmarketcap decided to get the supply correct now? This happened with another coin recently and I don't understand where they are getting their data from.

We have been reaching out to them to correct the total supply, looks like they finally decided to manually update it. I'm reaching out again now to find a way to programmatically keep it up to date

DNR ended up making a supply api for cmc to query for their feed. Took a while for them to get it going, but much better than adding nearly 1mil Hush to the supply randomly one day.

To those wondering why this matters, some are judging a coins worth on marketcap. Whattomine pulls their supply number from coinmarketcap.

Working on an api, older versions of insight had this, but it was removed since it was slow... Should have it in the next week or so

bardacuda
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September 21, 2017, 05:30:45 PM
 #479

in the real world this coin just lost 50 % in value,

but we are in disneyland and the price per coin just went up a bit.

Nothing actually happened to the supply, just one website's accounting of it.

It's only half as undervalued as one would have thought by glancing at it on that site, but that still leaves it incredibly undervalued.

I don't understand what you two are saying, could you explain this to me  ?

I'm saying his statement would only be true if the supply of coins had actually doubled. Since that did not happen, the value did not change.

What I was saying was that if you were taking the previous (false) coin supply numbers reported by coinmarketcap at face value, then it would appear that the coin went down in value. But even if that were the case, it's still very undervalued.

For example; compare the market cap of ~4M to ZCash's ~400M. Even if you think 1 HUSH is only worth, say, 1/10th what 1 ZEC is worth, then 1 HUSH is still worth 10x its current price, as opposed to the previously perceived 20x.
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September 21, 2017, 06:07:53 PM
 #480

I just saw the Hush coin on the list of SuperNET assets
the interesting thing it that they dont have any other zcash forks (only zcash and Hush)
so i believe it is for a reason. can be even corporation in long future.
i am getting in
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