educatedwarrior
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January 15, 2014, 09:31:19 PM |
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So many cheap coins Thanks Buy me some, I'm out of BTC A ton of hashing power just came online for SBC. went from 195m/h to 1200m/h Cryptoculture Mining Pools is back up. Now we have • DDOS Protection - prevent web attacks from those other jealous mining pools. • SSL Protection - no one can steal your identity and cash out your coins https://sbc.cryptoculture.net
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zavtra
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January 15, 2014, 09:42:29 PM |
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Nice amount of activity in the forums today
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MuffinMaster
Sr. Member
Offline
Activity: 1414
Merit: 265
Pepemo.vip
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January 15, 2014, 09:55:47 PM |
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Nice amount of activity in the forums today I concur ! Also, why wont anyone sell me cheaper coins?
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thimo
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January 16, 2014, 01:20:22 AM |
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Nice amount of activity in the forums today If only artos had this much activity
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i can rent this1
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dmbf
Newbie
Offline
Activity: 39
Merit: 0
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January 16, 2014, 02:52:06 PM |
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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.
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oncebitcoinedtwiceshy
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January 16, 2014, 07:06:23 PM |
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@gginer - any updates on the potential project for local stablecoins site/service?
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Catswold
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January 17, 2014, 02:05:00 PM |
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Nice amount of activity in the forums today 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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shtako
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January 17, 2014, 02:26:49 PM |
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Nice amount of activity in the forums today 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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Catswold
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January 17, 2014, 03:21:46 PM |
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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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CoinGeneral
Full Member
Offline
Activity: 182
Merit: 100
The General
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January 17, 2014, 05:42:10 PM |
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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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Ximp
Sr. Member
Offline
Activity: 336
Merit: 250
CS Student - BC Logo Guy
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January 17, 2014, 06:32:37 PM |
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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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Scooby903
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January 17, 2014, 06:54:31 PM |
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This is what is referred to as weak hands getting weaker and strong hands getting stronger. I've seen this play out many times
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oncebitcoinedtwiceshy
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January 17, 2014, 07:53:19 PM |
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This is what is referred to as weak hands getting weaker and strong hands getting stronger. I've seen this play out many times ^^^^^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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zavtra
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January 17, 2014, 08:40:13 PM |
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This is what is referred to as weak hands getting weaker and strong hands getting stronger. I've seen this play out many times ^^^^^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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oncebitcoinedtwiceshy
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January 17, 2014, 09:20:01 PM |
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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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MuffinMaster
Sr. Member
Offline
Activity: 1414
Merit: 265
Pepemo.vip
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January 17, 2014, 09:27:16 PM |
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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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oncebitcoinedtwiceshy
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January 17, 2014, 09:43:09 PM |
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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.
^^^Better summary than I typed
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Catswold
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January 17, 2014, 10:06:11 PM Last edit: January 17, 2014, 11:30:52 PM by Catswold |
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Haven't given up on SBC, just unsettled by the lack of overt progress or at least updates.
I am one of those holding and occasionally buying. I just bought a little over 400 more. The initial decision to mine SBC over the more immediate returns from Ltc or multi-pool was a gamble and I still believe the gamble a good bet . . . which is why I still hold and up my stake.
AT these prices, the potential for profit, I believe, remains extremely high and, who knows, SBC with it's anonymity potential could wind up being the coin of choice.
The downside is holding about $150.00 of coins that my expended computer time becomes worthless, but the upside is what . . . maybe $10/coin? $100/coin? That's quite an upside with very little downside, as far as I can see.
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R-T-B
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January 18, 2014, 09:59:53 AM |
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Nice amount of activity in the forums today 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. This pretty much echoes my feelings 100%
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