Trofo
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Merit: 2599
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September 03, 2017, 12:10:25 PM |
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I have been involved with mining signatum almost from beginning and therefore kept an eye on this thread. Must say that I really like the community if you ignore occasional fud or to the moon posts.
Developers are doing their job and providing new functionality at fast pace (market, web wallet). Maybe they are a little behind on marketing but I guess that is to be expected since there was no premine to raise funds and quality marketing costs. I believe that is the reason we will have to wait for a longer time before Signatum significantly raises in value which is fine by me.
Anyway, keep up the good work devs.
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ivakar
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September 03, 2017, 12:15:05 PM |
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Lessening volume in any market is a sign of consolidation reaching its latter stages. Trading slows down to a slow trickle. This does NOT necessarily mean anything bad. In fact, in stocks, it often means sellers are content to hold while buyers have not yet seen anything to spur them into action.
Once this period of stasis has been reached, a small increase in buying can serve as a catalyst to spark a rally.
The lack of volume after a definite move in one direction (in this case, a down leg after the big spike in price) often means a pending reversal. Chart readers know this and have for centuries. Often, double and triple bottoms form and on the last dip the volume dries up considerably before it turns back up.
an interesting observation you have made, thank you! I'm completely agree with you on Signatum's future. Yes, we do not know for sure when there will be a pump and till what figures in would jump, but I'm quite confident it would be. Look, what we have : 1. active Development team, they have a whitepaper and they strictly follow it ( at least try to follow) 2. new, young coin with a new algo : that is something, already! right? For a long time we have a coin with some differences at least from other coins 3. if we look for some other coins,take graphs, for example for veltor, chaincoin, DGB, XVG - you may see that before pump, there is always a dump. always. so what are mine actions would be : I will hold previous coins I bough 1400 satochi, then I will try to mine SIGT if the diff falls below 4k and I will sell SIGNATUM once it hit 5$ for the coin. yeap, that the plan!
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andreiv26
Newbie
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Activity: 59
Merit: 0
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September 03, 2017, 12:47:35 PM |
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Lessening volume in any market is a sign of consolidation reaching its latter stages. Trading slows down to a slow trickle. This does NOT necessarily mean anything bad. In fact, in stocks, it often means sellers are content to hold while buyers have not yet seen anything to spur them into action.
Once this period of stasis has been reached, a small increase in buying can serve as a catalyst to spark a rally.
The lack of volume after a definite move in one direction (in this case, a down leg after the big spike in price) often means a pending reversal. Chart readers know this and have for centuries. Often, double and triple bottoms form and on the last dip the volume dries up considerably before it turns back up.
an interesting observation you have made, thank you! I'm completely agree with you on Signatum's future. Yes, we do not know for sure when there will be a pump and till what figures in would jump, but I'm quite confident it would be. Look, what we have : 1. active Development team, they have a whitepaper and they strictly follow it ( at least try to follow) 2. new, young coin with a new algo : that is something, already! right? For a long time we have a coin with some differences at least from other coins 3. if we look for some other coins,take graphs, for example for veltor, chaincoin, DGB, XVG - you may see that before pump, there is always a dump. always. so what are mine actions would be : I will hold previous coins I bough 1400 satochi, then I will try to mine SIGT if the diff falls below 4k and I will sell SIGNATUM once it hit 5$ for the coin. yeap, that the plan! 5$ is a bit optimistic, but if it reaches that level I would never sell, cause it will just get beyond that. Also staking should be good as well.
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manti93
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Activity: 21
Merit: 0
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September 03, 2017, 01:18:21 PM |
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Epicyclic
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September 03, 2017, 01:29:43 PM |
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Devs are aware and currently ironing out any bugs, this is session not timing out but should be fixed promptly.
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yadan86
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September 03, 2017, 02:53:14 PM |
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The BTC volume is now 12 @ Cryptopia for SIGT
Yesterday 14 2 days ago 27 3 days ago 28 Before the 2nd halving 33 Before the 1st halving 800
look like you are right ,i am flowing this project long time ,i sure what's you said, i think it is not good for sig ,dev should do something
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stretchycrypto
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Activity: 6
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September 03, 2017, 03:00:21 PM |
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Just have to be patient and wait and see what happens yadan, less people mining and selling straight away now will = less market volume. Most people mining still have switched to just holding it seems, which will be better long term
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gurumeditation
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September 03, 2017, 03:00:54 PM |
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The BTC volume is now 12 @ Cryptopia for SIGT
Yesterday 14 2 days ago 27 3 days ago 28 Before the 2nd halving 33 Before the 1st halving 800
look like you are right ,i am flowing this project long time ,i sure what's you said, i think it is not good for sig ,dev should do something What devs should do uh ? Buy all the sigt until it reaches 5k sats ? Devs are already working fast on development, they are not here to support the volume of the coin.
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ethereum716
Newbie
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Activity: 17
Merit: 0
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September 03, 2017, 03:03:26 PM |
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Today is a great day to buy back in. Scared money don't make money.
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gurumeditation
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September 03, 2017, 03:06:23 PM |
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please post the address guru, i will donate some sigt & you may ask to the doc and\or vikingch1ld\cryptovore to add the adress to the first post of ann and all the other channels, thanks! Donations for devs of web wallet : Kasper : BMGUiHVcugDYCHoVgBRgMhmoStRcd3wPSW SonnysDaytona : BLzAVduwEQWWEaAHzp1stUAwNv9xL4TLe3 Plz someone confirm I am not trying to scam Anyway OP should be updated soon.
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Carina.P
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September 03, 2017, 03:10:37 PM |
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The BTC volume is now 12 @ Cryptopia for SIGT
Yesterday 14 2 days ago 27 3 days ago 28 Before the 2nd halving 33 Before the 1st halving 800
look like you are right ,i am flowing this project long time ,i sure what's you said, i think it is not good for sig ,dev should do something What devs should do uh ? Buy all the sigt until it reaches 5k sats ? Devs are already working fast on development, they are not here to support the volume of the coin. hope commuity donate some coin to dev ,dev will keep hardwork ,and hope receive good news from dev .that's well
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Dark12
Member
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Activity: 100
Merit: 10
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September 03, 2017, 03:31:17 PM |
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Picking up another 12k. News of the wallet is going to have a good effect on price tomorrow I think.
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huyhoang
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Activity: 48
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September 03, 2017, 03:42:49 PM |
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great work Dev
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Victory33
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September 03, 2017, 03:52:39 PM |
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Really good time to buy some very very cheap SIGN! I wonder if it will reach the absolute bottom wiht 650-700 sato price. That's a great price (to sell later @5k sato )
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Dark12
Member
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Activity: 100
Merit: 10
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September 03, 2017, 04:34:47 PM |
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phew. got my buy in just before that 30 satoshi bump. :-P
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killerelite
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September 03, 2017, 04:36:20 PM |
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Can the new web wallet stake coins after POS
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jootn2kx
Full Member
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Activity: 378
Merit: 101
Estimated.Pro - Crypto Signals. Free.
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September 03, 2017, 05:11:51 PM |
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phew. got my buy in just before that 30 satoshi bump. :-P
Damn you must be rich man now :p
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Epicyclic
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September 03, 2017, 06:20:36 PM |
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If you are just tuning in, the Dev team have been hard at work again to deliver a great looking Web wallet this can be found here; https://wallet.signatum.io/To add to this great news, the team will be in conference talks tomorrow, regarding listing on an Asian exchange, as well as investigating avenue's towards listing on other exchanges. Another note to add, is so far Sigt remains bullish in spite of the exchange circumstances, and continuous sell offs. A coin is only as strong as its development team, and community, and so far Signatum draws strength in both.
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