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Author Topic: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE  (Read 179547 times)
Scooby903
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January 15, 2014, 07:14:04 PM
 #1381

I'm busy buying up coins for cheap right now  Cheesy

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oncebitcoinedtwiceshy
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January 15, 2014, 07:16:01 PM
 #1382

I'm busy buying up coins for cheap right now  Cheesy

Haha, beat me by seconds to the same quote!  Grin
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January 15, 2014, 08:05:23 PM
 #1383

I'm busy buying up coins for cheap right now  Cheesy
I would be doing the same if I had any BTC to buy with Tongue
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January 15, 2014, 09:31:19 PM
 #1384

So many cheap coins Shocked

Thanks  Grin

Buy me some, I'm out of BTC  Tongue

A ton of hashing power just came online for SBC. went from 195m/h to 1200m/h


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January 15, 2014, 09:42:29 PM
 #1385

Nice amount of activity in the forums today  Grin

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January 15, 2014, 09:55:47 PM
 #1386

Nice amount of activity in the forums today  Grin

I concur !

Also, why wont anyone sell me cheaper coins?

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January 16, 2014, 01:20:22 AM
 #1387

Nice amount of activity in the forums today  Grin
If only artos had this much activity

i can rent this1
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January 16, 2014, 02:52:06 PM
 #1388

Only noticed cryptoculture wasn't working for me anymore today, after two days wasted. It's still not working either and shows as Dead in cgminer/cgwatcher.
oncebitcoinedtwiceshy
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January 16, 2014, 07:06:23 PM
 #1389

@gginer - any updates on the potential project for local stablecoins site/service?
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January 16, 2014, 09:02:23 PM
 #1390

Check this out: http://forums.stablecoin.net/index.php?topic=237.msg1317#msg1317
Maybe this will spark some discussion.

I think it is an amazing idea. Hope it will be more then just an idea.

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January 17, 2014, 02:05:00 PM
 #1391

Nice amount of activity in the forums today  Grin
If only artos had this much activity
SBC down to $0.046.

The silence over progress with mixing service and future plans for the coin is driving the early investors away.  I's almost as though artos is sand-bagging everyone.  Is he buying up all those cheap coins and then when he gets a ton, suddenly announce the mixing service?

I am not the only one, but I have been one of the most constant voices advocating COMMUNICATIONS.  A product is dead without good PR, advertising and communication.  This has begun to look like a running practical joke.  Artos drops by and dribbles a weekly mention of something and all of his fans cheer and gush.  Then he disappears again leaving people still waiting and still in the dark.

It's one of the most astonishing performances I have ever seen.

Well, I'll hold my (virtually worthless month's mining activity in) SBC's just in case something ever does manifest itself.

Really bizarre.

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January 17, 2014, 02:26:49 PM
 #1392

Nice amount of activity in the forums today  Grin
If only artos had this much activity
SBC down to $0.046.

The silence over progress with mixing service and future plans for the coin is driving the early investors away.  I's almost as though artos is sand-bagging everyone.  Is he buying up all those cheap coins and then when he gets a ton, suddenly announce the mixing service?

The coins were cheap 2 months ago. Stablecoin is still up over 5000% since then. And that's impressive.

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January 17, 2014, 03:21:46 PM
 #1393

Umm . . . the coin was believed to be DEAD "2 months ago."

They could revive Dragon coin and it's value would temporarily rise 5000%.

The point remains that the longer the coin is not promoted, advanced, and supported, the less faith people will have in the coin and the developer . . . and that is a death sentence.  Is has also been mentioned (and would also be a death sentence) that there are several new coins in the offing offering the same level or similar degree of anonymity.  The first coin to appear with that capability ACTIVE will be the coin to benefit.


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January 17, 2014, 05:42:10 PM
 #1394

What was so funny is that when this coin first launched the value went up to 65 cents per coin.

Now it's way way way way way way way way way way way way way way way way under that price.

4 cents each.

o_o

I had faith it would go to over a dollar each by 2014.

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January 17, 2014, 06:32:37 PM
 #1395

Yeah, I'm slowly getting uneasy about it. Unfortunately, I'm not willing to cut my losses at this point. I guess I'll just stick it out.
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January 17, 2014, 06:54:31 PM
 #1396

This is what is referred to as weak hands getting weaker and strong hands getting stronger.  I've seen this play out many times  Cheesy

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January 17, 2014, 07:53:19 PM
 #1397

This is what is referred to as weak hands getting weaker and strong hands getting stronger.  I've seen this play out many times  Cheesy

^^^^^which is totally reflected in the current SBC Depth graph on Cryptsy! Small group of green buys way over on left, big sea of red sells over the rest of the graph area. Not seen it that polarized before.
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January 17, 2014, 08:40:13 PM
 #1398

This is what is referred to as weak hands getting weaker and strong hands getting stronger.  I've seen this play out many times  Cheesy

^^^^^which is totally reflected in the current SBC Depth graph on Cryptsy! Small group of green buys way over on left, big sea of red sells over the rest of the graph area. Not seen it that polarized before.

You think this indicates that someone in the know expects something big soon?

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January 17, 2014, 09:20:01 PM
 #1399

You think this indicates that someone in the know expects something big soon?

Don't think so, just what Scooby and Ximp were saying. More people getting to the point where they are unsure if they want to hold given price trend of last week or two. Graphic I saw might also have been exaggerated on screen by way Cryptsy scales graphs sometimes, it seems to look much more reasonable on screen now. Wish I'd taken a screenshot.

In general, without any extensive analysis, it looks like there a few bigger trades happening. Not massive in overall scale of things but more than the dribble of 1-10 SBC type transactions that have been the norm. Those smaller ones are probably miners doing auto-sell or similar.

That said, pretty low volumes overall, so I'd assume most people are still in a hold position and may be doing slow accumulates if they still feel comfortable.
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January 17, 2014, 09:27:16 PM
 #1400

The volume is less then .2% of the overall float which indicates that 99.8% of the coins held are very content (at least for now) in holding out for a better price. You really cannot take the price on cryptsy as overall market sentiment right now, the volume is too low.

Low volume indicates an overall willingness to wait for Artos, as we are waiting on the announcement of the coin mixing beta.

Till then, strong hands that are not willing to sell will continue to mine and obtain coins for very small amounts. It may take another month or 2 for the coin mixing to be fully implemented. SBC will float rather low until that happens.

If you cannot wait that long then it might be good to sell, or you can try and get cheap or cheaper coins.


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