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Author Topic: [ANN][NYC] NEW YORK COIN at 2017 MACY'S THANKSGIVING DAY PARADE IN NYC!  (Read 117404 times)
scryptenthusiast
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August 11, 2019, 06:15:41 PM
 #4141

Have you ever seen so many people with the "ugly girl got dissed syndrome"? Are you all a bunch of envious high schooler's that the quarterback said "NO THANK YOU!" to? Stop humiliating your "Community". Just get on your knees and "pray" harder.  Grin

NEW YORK COIN (NYC)     Bitcoin... for New Yorker's!
FASTER THAN LITECOIN    nycoin.net     SINCE 2014
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August 12, 2019, 02:38:13 PM
 #4142

So how do I transfer a million dollars worth of NYC coin from A to B while preserving that value and turning it back into dollars? While transaction fees might be low, the liquidity premium will be off the charts and hence make it more expensive than using the coins you mentioned.

Thats a fair point, I get 0% forex fees offered to me all the time but I immediately have to go check their bid offer spread competitiveness because this is where the costs are mostly contained and what will eventually cost me in sum total, possibly even more then that fee might.    The low fee part is always useful for the poor peeps who arent transferring much and so dont mind the % costs involved quite as badly as the fixed fee would charge them.  
   My personal take for the whole of crypto is the greatest success is going to come from addressing solving the problems of the common people, the people who have least but greatest need for crypto as useful and secure way to transact value; they in turn if finding value will return growth and stability by providing this liquidity to the blockchain that enables them.   Thats how I hope crypto progresses and somehow does the impossible climb that the larger finance bodies believe it cannot.  Costs and value returned stands as a common problem across the whole currency spectrum, I have to constantly consider this when pricing anything globally and its not especially a criticism of nyc.

Why you say can't and shouldn't be disputed. Still the question remains why a lot of coins claim to have low fees when there is literally no trading volume (no liquidity) at all. Transaction fees might be low, but you just can't use the coin to transfer funds as you can't get out of it anymore. That's why I think that there won't be tens of thousands of functional currencies in the future. It makes more sense for all of us to converge to a couple of them and thereby reduce all kinds of premiums, like the liquidity premium.

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August 12, 2019, 06:13:04 PM
 #4143

Great point. Welcome to this forum!

NEW YORK COIN (NYC)     Bitcoin... for New Yorker's!
FASTER THAN LITECOIN    nycoin.net     SINCE 2014
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August 12, 2019, 06:17:37 PM
Last edit: August 12, 2019, 06:34:45 PM by moonshot9900
 #4144


Why you say can't and shouldn't be disputed. Still the question remains why a lot of coins claim to have low fees when there is literally no trading volume (no liquidity) at all. Transaction fees might be low, but you just can't use the coin to transfer funds as you can't get out of it anymore. That's why I think that there won't be tens of thousands of functional currencies in the future. It makes more sense for all of us to converge to a couple of them and thereby reduce all kinds of premiums, like the liquidity premium.

Consolidation down to a few coins is certainly a possibility. However, I think there is also the case to be made for a larger number of coins that, by supporting atomic swaps, be it through second-layer solutions like LN or via DEXs, provide increased resiliency against attack and centralization efforts by supporting multiple simultaneous network paths.  For POS coins, the energy requirements can be mitigated by having the majority of coins use AuxPOW.

The other interesting benefit to having multiple tokens/coins is that they can provide unique utility, DGB's password manager feature being an example.  Many purpose built chains that do one or two things well would be better than having a kitchen sink/jack-of-all-trades, master-of-none approach.  I do agree that tokens/coins that merely tweak rewards, block-timings, etc. will cease to have value.
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August 12, 2019, 10:23:22 PM
 #4145

I love how "Community" leadership warns everyone not to use Yobit - but obviously uses it themselves. Classic!


I love how you try to be the king of ny but fall so miserably every time , maybe this is a wake up call for some people to see following you is a waste of time and effort and also a very bad way to spend 5k reopening yobit for nyc when that money could have gone elsewhere, hmmmm!!! If only you could’ve played well with others 🤔 and stop trying to be “right” which you are never and I have a yobit account and got my nyc off of it and I still log in from time to time to check the status of nyc wallets even though I don’t use it so your statement is pointless
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August 13, 2019, 02:52:57 PM
 #4146


Why you say can't and shouldn't be disputed. Still the question remains why a lot of coins claim to have low fees when there is literally no trading volume (no liquidity) at all. Transaction fees might be low, but you just can't use the coin to transfer funds as you can't get out of it anymore. That's why I think that there won't be tens of thousands of functional currencies in the future. It makes more sense for all of us to converge to a couple of them and thereby reduce all kinds of premiums, like the liquidity premium.

Consolidation down to a few coins is certainly a possibility. However, I think there is also the case to be made for a larger number of coins that, by supporting atomic swaps, be it through second-layer solutions like LN or via DEXs, provide increased resiliency against attack and centralization efforts by supporting multiple simultaneous network paths.  For POS coins, the energy requirements can be mitigated by having the majority of coins use AuxPOW.

The other interesting benefit to having multiple tokens/coins is that they can provide unique utility, DGB's password manager feature being an example.  Many purpose built chains that do one or two things well would be better than having a kitchen sink/jack-of-all-trades, master-of-none approach.  I do agree that tokens/coins that merely tweak rewards, block-timings, etc. will cease to have value.

Everything you said is right, promising or interesting. There's nothing to argue about at this point in time as we need to see what time brings about. My theory is just this: the amount of utility or different utilities/functions provided by different tokens is essentially unlimited while liquidity is pretty much limited. I think I do see what you mean by atomic swaps and maybe thereby shifting liquidity from one network to another based on supply and demand. Otherwise I would see a couple of tokens or coins rather absorb the functionalities of other networks, thereby preventing liquidity from having to spread out through an unlimited number networks. I guess that is what you suggest will be achievable by atomic swaps. But do you think it will play out like that? This seemingly frictionless hyper network consisting of all these smaller, specific functionality networks that are connected through atomic swap technology? It is an interesting thought, but it seems so far away.

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August 14, 2019, 01:51:52 AM
 #4147



☑ Vote For NYC! ☑

The time has come, and voting to win integration with CryptocurrencyCheckout.com is now live!!

To create an account and vote ⤵
<https://cryptocurrencycheckout.com/vote>

And there’s also an active bounty in their discord for this so join nyc discord and claim your bounty
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August 14, 2019, 06:57:19 PM
 #4148

hope yobit open again nyc wallets
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August 16, 2019, 03:50:53 PM
 #4149

 any news about yobit ?

-  we need a big exchanger like yobit
i use yobit on my own risk - 


* use at own risk this shoud be NYC team  position on yobit
did you see NYC volume today ? again very low

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August 16, 2019, 03:51:12 PM
 #4150

we need yobit back . graviex is to small exchange at this moment
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August 16, 2019, 06:51:44 PM
 #4151

Maybe SouthXchange can add another $14 to daily volume... Huh

NEW YORK COIN (NYC)     Bitcoin... for New Yorker's!
FASTER THAN LITECOIN    nycoin.net     SINCE 2014
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August 16, 2019, 07:38:52 PM
Last edit: August 16, 2019, 09:47:41 PM by scryptenthusiast
 #4152

BAKKT HAS BEEN CLEARED FOR LAUNCH!

If you have NYC at Yobit - you'll be smiling from ear-to-ear when the impending BTC bull stampede hits!

Don't sell yourself short. A little more patience will be handsomely rewarded!!!
Shocked

NEW YORK COIN (NYC)     Bitcoin... for New Yorker's!
FASTER THAN LITECOIN    nycoin.net     SINCE 2014
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August 17, 2019, 09:59:26 AM
 #4153

Maybe SouthXchange can add another $14 to daily volume... Huh

graviex have more users than SouthXchange


SouthXchange  cost 0.5 btc to list


nyc team dont undestand withnot one exchanger like yobit we cant reach again last bull run prices

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August 17, 2019, 02:11:23 PM
Last edit: August 17, 2019, 02:32:04 PM by moonshot9900
 #4154

Maybe SouthXchange can add another $14 to daily volume... Huh

graviex have more users than SouthXchange


SouthXchange  cost 0.5 btc to list


nyc team dont undestand withnot one exchanger like yobit we cant reach again last bull run prices


As the NYC community team clearly articulated, SouthXchange is necessary to act as a backup when Graviex goes into maintenance.  SouthXchange is supported by several of the larger multi-pools that provide hashrate necessary to secure the integrity of the blockchain and protect against 51% attacks in an era where anyone with a few hundred dollars can rent enough hashrate to wreak havoc with small hashrate coins.  It was hoped that bringing Yobit back online would also serve that purpose but the large pools don't like working with Yobit.  Yobit is unreliable and unresponsive and have screwed over too many coin dev teams with their shenanigans.

Additionally, and while I hate to be the bearer of bad news, research in this very thread has shown that 70% percent of the NYC on Yobit was recently controlled by a single person. During the run up, this number was likely 90% or more since that person was also the person responsible for bringing NYC to Yobit and has, over the years, been the greatest supporter of Yobit, despite all the drama Yobit has created for NYC.  When you control that much of the float on a single exchange, it is very easy to washtrade the price in any direction you want at very little cost.

So yes @Bigger By the Day, I think the NYC team does understand that NYC might not reach the highs of the last bull run without an exchange like Yobit supporting fake volume and wash trading that profits a very small number of people at the expense of the many.  The strongly held belief by many I've communicated with is that by working together as a community to support each other and the NYC blockchain through incremental improvements, the goal of a trustless, decentralized means of exchange and store of value will be achieved.
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August 17, 2019, 02:15:23 PM
 #4155

Maybe SouthXchange can add another $14 to daily volume... Huh

graviex have more users than SouthXchange


SouthXchange  cost 0.5 btc to list


nyc team dont undestand withnot one exchanger like yobit we cant reach again last bull run prices



Or they understand this very well. And pretend to be trying to help NYC. While under my leadership, NYC price hit $0.0012 on MILLIONS of dollars of daily trading volume. Let's see what happens under "Community" leadership (other than a successful 51% attack).

NEW YORK COIN (NYC)     Bitcoin... for New Yorker's!
FASTER THAN LITECOIN    nycoin.net     SINCE 2014
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August 17, 2019, 02:16:58 PM
 #4156

Maybe SouthXchange can add another $14 to daily volume... Huh


Lmao and maybe yobit will give you back some of  your .5 btc for only opening the wallets for such a short time, yobit got u bro and ur still to stupid to see it 😩😅 , to those that got a teaser of gains by “someone” wash trading don’t worry bigger exchanges will come but security comes 1st!!! Those recent gains were to sucker in cattle’s for the slaughter 💭....
Kasan0024
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August 17, 2019, 02:22:45 PM
 #4157

Maybe SouthXchange can add another $14 to daily volume... Huh

graviex have more users than SouthXchange


SouthXchange  cost 0.5 btc to list


nyc team dont undestand withnot one exchanger like yobit we cant reach again last bull run prices



Or they understand this very well. And pretend to be trying to help NYC. While under my leadership, NYC price hit $0.0012 on MILLIONS of dollars of daily trading volume. Let's see what happens under "Community" leadership (other than a successful 51% attack).


Lmfaoooo stfu!!!! this guy ck is funnyyyyyy 😂😩 under your leadership? I guess you were the cause for the ending of 2017-2018 btc and alts bull runs huh? Lmao under your leadership gtfoh with this dumb ass post , under your leadership nyc was on a chain that was wide open to attack and it was , under your leadership yobit scam you and nyc over and over , under your leadership bitebtc scamed users out of the funds and locked them out of their accounts , under your leadership nyc was and would have only been nothing more than a pump and dump for YOU to make money you care nothing about making Nyc a true RETAIL coin ,lmao “under your leadership “ 😂🤣 you made my stomach hurt with that 1 it’s too early to be laughing this loud
moonshot9900
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August 17, 2019, 02:44:46 PM
 #4158


Or they understand this very well. And pretend to be trying to help NYC. While under my leadership, NYC price hit $0.0012 on MILLIONS of dollars of daily trading volume. Let's see what happens under "Community" leadership (other than a successful 51% attack).

You are holding this coin back, Charlie.  No developers want to invest their valuable time while you continue to perpetuate your con.  Your history is an unending stream of broken promises about merchant adoption and ATMs, your contributions have all been cynical shortcuts to garner you the quickest profits possible or self-aggrandizing efforts like your "Coin Center".  If you had poured those resources into building a team to provide the much needed advancement to the code and infrastructure instead of squandering the opportunities the last bull-run provided you with, that would have demonstrated leadership.  As it is, every developer that met you quickly recognized you for what you are - a con man.  Most simply walked away, a few joined the NYCoin Community and donated what time they could, but not nearly enough.

You are no leader.
Bigger By The Day
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August 17, 2019, 02:49:30 PM
 #4159

CK make a lot for NYC


We Don't Need Leaders or Managers!


NYC team should not dictate to other members of the community
moonshot9900
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August 17, 2019, 02:55:44 PM
 #4160

CK make a lot for NYC


We Don't Need Leaders or Managers!


NYC team should not dictate to other members of the community

Nice job of contradicting yourself  Wink

Team CK is filled with Mensa candidates.
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