CryptoNick
Legendary
 Offline
Activity: 987
Merit: 1003
|
 |
October 13, 2017, 10:29:37 PM |
|
I'm starting to think there are whales bots that auto sell as BTC goes up a certain %.
Unlikely. Alts get slaughtered lately whenever BTC does a strong move - doesn't matter if up or down. If BTC goes down, it's a flight to safety (move wealth to the biggest asset), if it goes up, it's FOMO. It seems like madness, but in the end there's some logic behind it: if you put money into an altcoin, you place a bet that it will perform better than BTC. If you don't believe that, you should stick to BTC. People are convinced, as long as BTC is in the doldrums. But once it makes strong moves, they shed the belief and dump alts, frequently even accepting losses. In the end, there's quite some on record they believe BTC will break $10K soon-ish. Whether or not altcoins can keep pace is open to debate - after all, a lot of tokens are issued by companies who are measured against their fiat earnings. If you believe BTC is going to double this year again, you better drop alts and re-buy them once BTC's rise has stalled for some time. Kore moved up against Bitcoin price increase, so people are realizing that there is Utility in Kore as it will be backed by a service. Bitcoin now serves Kore since people will buy Bitcoin to then Buy Kore with. This fact alone creates a buy on the market for Kore as it goes viral. Don't forget Kore provides a service to make calls with. It will be consumable by the network. In any event people will not sell for less than they bought in so their investment will be safe once all the coin is distributed. If the price goes down investors can hedge at anytime. They can ride the middle holding Kore and Bitcoin. Now the most you can hope for profit in Bitcoin is for it to double going to 10K where Kore could easily double and possibly go up by 10X and is a way better investment. Even if Kore doubles it is less risky than Bitcoin. In any event the value is always held in the market. Again people won't take a loss, it is better to just hold on at any point or hedge out if that is what is needed. It becomes exponentially easier to hedge the lower a price is for a coin. This means that it doesn't really matter what Bitcoin does. So if Bitcoin goes up further and any Alt were to lose half of its worth you now hedge your position for less and could profit more on a rise or bounce back when people buy back in since they don't understand the concept that their Kore is more valuable than Bitcoin at any moment. When people see the rise of Bitcoin and realize that Kore is the same thing that Bitcoin is, with an added service and Anon etc., they will get in at $6 and tell their friends who get in at $10 and so on and so forth. All of these people getting in now are the early adopters. They stand to gain the most. Then when hundreds of millions of people know about Kore you can apply a Diminishing Margin of Utility and only then will a Median Price point be known. So lets say 5,000 people know about Kore right now, that leaves millions of people left, and what percentage of those do you think might want to get on board? Put your Mouth where your Money is... Now we are Talking Kore! |
|
|
|
|
|
|
|
|
|
|
|
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
Moht
Member
Offline
Activity: 109
Merit: 10
|
|
October 13, 2017, 10:48:16 PM |
|
Thanks for your dedication! You guys rock  I am looking forward to installing the new wallet once I awake in the morning. lol, & thanks! Been over 4 hours since my "nap" and time to eat breakfast! I love these guys! Thanks for all the information Mike Mike! I'm KORE to the Core! |
By learning history, we realize we don't learn from history.
-Philosoraptor
|
|
|
Kakkles
Newbie
Offline
Activity: 61
Merit: 0
|
|
October 13, 2017, 11:17:19 PM |
|
Hey guys, just joined bitcointalk.. Have been browsing through this section and found this project which I find very interesting, I didn't see another coin with all of these features. I will be following the progress and looking forward to see the roadmap objectives completed.
|
|
|
|
|
1978280z
Newbie
Offline
Activity: 57
Merit: 0
|
|
October 13, 2017, 11:29:10 PM |
|
|
|
|
|
|
ends
Newbie
Offline
Activity: 27
Merit: 0
|
|
October 14, 2017, 12:42:08 AM |
|
How is this even possible? I was watching the price rise before the snapshot when the price suddenly fell to 101,000 with ZERO trades to get it there. It shows on the chart. 8:19 PM eastern Its as if all the Buy orders between 128k and 101k just disappeared. Or they were canceled....... but by who? No one person owned all the buy orders. There were dozens of buy orders between those prices. https://ibb.co/fT4YbG |
|
|
|
|
1978280z
Newbie
Offline
Activity: 57
Merit: 0
|
|
October 14, 2017, 12:49:30 AM |
|
How is this even possible? I was watching the price rise before the snapshot when the price suddenly fell to 101,000 with ZERO trades to get it there. It shows on the chart. 8:19 PM eastern https://ibb.co/fT4YbGIf you look at the time stamps to the left you will see that was all one order. Somebody sold it down to that price in one go. Lowest price listed first in ascending order. Cheers |
|
|
|
|
ends
Newbie
Offline
Activity: 27
Merit: 0
|
|
October 14, 2017, 12:52:36 AM |
|
How is this even possible? I was watching the price rise before the snapshot when the price suddenly fell to 101,000 with ZERO trades to get it there. It shows on the chart. 8:19 PM eastern https://ibb.co/fT4YbGIf you look at the time stamps to the left you will see that was all one order. Somebody sold it down to that price in one go. Lowest price listed first in ascending order. Cheers Oh, I gotcha. It showed his last sell first. Thats what had me. Thanks. It must have been 15 BTC seperating those prices. |
|
|
|
|
MikeMike (OP)
Legendary
Offline
Activity: 2254
Merit: 1020
★ Ⓚ KORE TEAM Ⓚ ★
|
|
October 14, 2017, 01:02:50 AM |
|
The Bittrex Wallet is now Disabled from Trading.
Please do not send any coins from now on.
We will notify you when the new wallet will be released to the public.
Thanks for your support and patience during this most important Transition.
MikeMike
|
|
|
|
|
amktt
|
|
October 14, 2017, 01:05:08 AM |
|
it so frustating to se one trade make -20% to price, what is hapening ?
|
|
|
|
|
|
stupid_seb
|
|
October 14, 2017, 01:06:32 AM |
|
it so frustating to se one trade make -20% to price, what is hapening ?
someone getting out before the swap, needing cash maybe (at least BTC for short term trades) priced liquidity at 115k (maybe bought at 100k ?) |
|
|
|
|
MikeMike (OP)
Legendary
Offline
Activity: 2254
Merit: 1020
★ Ⓚ KORE TEAM Ⓚ ★
|
|
October 14, 2017, 02:11:20 AM |
|
it so frustating to se one trade make -20% to price, what is hapening ?
someone getting out before the swap, needing cash maybe (at least BTC for short term trades) priced liquidity at 115k (maybe bought at 100k ?) No offense,... But I'm on where KORE will be in 1 weeks from now. One months from now. 4 months from now 7 months from now 1 year from now. I do understand traders, speculators, whales and manipulators do what they do for their reasons. To each their own... MikeMike |
|
|
|
MikeMike (OP)
Legendary
Offline
Activity: 2254
Merit: 1020
★ Ⓚ KORE TEAM Ⓚ ★
|
|
October 14, 2017, 02:55:08 AM |
|
I have been informed you may still trade KORE on Bittrex. All Deposits and Withdrawals are frozen. Again,... DO NOT send any coins till you have the new wallet installed. We will inform the Community when it will be available. A Swap is a lengthy process. This is my first one and I too am learning much. I have been informed 20 minutes ago it is a lengthy process and to expect a 12-16 hour wait for completion, but would rather post a realistic time frame. Your patience during this most important time in KORE History is appreciated!  MikeMike |
|
|
|
|
robert3harrison
|
|
October 14, 2017, 03:00:24 AM |
|
I have been informed you may still trade KORE on Bittrex. All Deposits and Withdrawals are frozen. Again,... DO NOT send any coins till you have the new wallet installed. We will inform the Community when it will be available. A Swap is a lengthy process. This is my first one and I too am learning much. Your patience during this most important time in KORE History is appreciated! MikeMike Thanks Mike! While we are all excited and want the new wallet NOW... please take all the time you need. No one will remember waiting an extra hour or so, but they WILL remember if something goes wrong with the wallet or their coins! Will the number of MN coins be announced with the wallet release or can we be told now? |
|
|
|
|
|
BitWhat
|
|
October 14, 2017, 03:01:21 AM |
|
MikeMike how much time do we have to swap the wallet.dat file? I'm going fishing in 3 hours and just want to make sure I don't miss a timeframe or something |
|
|
|
|
MikeMike (OP)
Legendary
Offline
Activity: 2254
Merit: 1020
★ Ⓚ KORE TEAM Ⓚ ★
|
|
October 14, 2017, 03:03:41 AM |
|
MikeMike how much time do we have to swap the wallet.dat file? I'm going fishing in 3 hours and just want to make sure I don't miss a timeframe or something You can do it a year from now. As long as you have your wallet.dat and your password from the old Korecoin wallet you are good to go and can start up the Kore wallet with them at anytime you wish. MikeMike |
|
|
|
MikeMike (OP)
Legendary
Offline
Activity: 2254
Merit: 1020
★ Ⓚ KORE TEAM Ⓚ ★
|
|
October 14, 2017, 03:06:01 AM |
|
I have been informed you may still trade KORE on Bittrex. All Deposits and Withdrawals are frozen. Again,... DO NOT send any coins till you have the new wallet installed. We will inform the Community when it will be available. A Swap is a lengthy process. This is my first one and I too am learning much. I have been informed 20 minutes ago it is a lengthy process and to expect a 12-16 hour wait for completion, but would rather post a realistic time frame. Your patience during this most important time in KORE History is appreciated! MikeMike Thanks Mike! While we are all excited and want the new wallet NOW... please take all the time you need. No one will remember waiting an extra hour or so, but they WILL remember if something goes wrong with the wallet or their coins! Will the number of MN coins be announced with the wallet release or can we be told now? At the release. Appreciate your reasonableness. MikeMike |
|
|
|
|
BitWhat
|
|
October 14, 2017, 03:06:52 AM |
|
MikeMike how much time do we have to swap the wallet.dat file? I'm going fishing in 3 hours and just want to make sure I don't miss a timeframe or something You can do it a year from now. As long as you have your wallet.dat and your password from the old Korecoin wallet you are good to go and can start up the Kore wallet with them at anytime you wish. MikeMike Awesome..phew for a moment there thought F#$K fishing Thanks MikeMike |
|
|
|
|
|
theduuude
|
|
October 14, 2017, 03:15:45 AM |
|
i have my wallet.dat ready to go...i think i'm ready... GO KORE!...GO BTC! |
|
|
|
|
CryptoJohn
Legendary
Offline
Activity: 1680
Merit: 1003
Well, That's Crypto :-\
|
|
October 14, 2017, 03:28:05 AM |
|
Congrats MikeMike, its all coming together.
Thanks for your hard work and dedication.
john
|
|
|
|
|
MikeMike (OP)
Legendary
Offline
Activity: 2254
Merit: 1020
★ Ⓚ KORE TEAM Ⓚ ★
|
|
October 14, 2017, 03:51:59 AM |
|
Congrats MikeMike, its all coming together.
Thanks for your hard work and dedication.
john
Appreciate it. This is a Team effort and could not be accomplished without the dedicated Team Members we have. MikeMike |
|
|
|
|
