Mortimer452
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December 28, 2013, 06:58:58 AM |
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Check out buy price. It is not 1350.
I was using the "last trade" numbers. Doesn't matter what the actual numbers are, the math still works out. CAT/BTC is inversely proportional to DOGE/BTC with the pair arrangements on CoinedUp. And DOGE's volume is way, way too high for CAT to bring it down. Give it 24 hours I guess, who knows, maybe I'm wrong, but I don't see any lunar futures here.
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OBrien
Member
Offline
Activity: 84
Merit: 10
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December 28, 2013, 07:01:40 AM |
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Check out buy price. It is not 1350.
I was using the "last trade" numbers. Doesn't matter what the actual numbers are, the math still works out. CAT/BTC is inversely proportional to DOGE/BTC with the pair arrangements on CoinedUp. And DOGE's volume is way, way too high for CAT to bring it down. Give it 24 hours I guess, who knows, maybe I'm wrong, but I don't see any lunar futures here. Which weren't live due to lag. 1200 Doge is last price. Before you can sell for btc, btc for doge, doge for cat, rate will change What may seem as profit, may end up as lost crypto Edit: Its 0.0089 vs 1000 right now
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overseerio
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December 28, 2013, 07:12:13 AM |
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I hate to break it to everyone, but CoinedUp listing this in two pairs - CAT/BTC and CAT/DOGE has probably ruined the chance of CAT climbing to the top like DOGE did
The trifecta of trading options makes this almost impossible:
CAT -> BTC CAT -> DOGE DOGE -> BTC
CAT/BTC cannot climb until everyone jumps ship on DOGE/BTC
CAT/BTC and CAT/DOGE can rise simultaneously Nope, they cannot. Eventually the amount of DOGE you can for CAT will make it more profitable to sell those DOGE for BTC rather than trading in CAT/BTC, so CAT/BTC trading will have to go down to compensate. For example, at current rates as of this moment: CAT/BTC is 0.00085 CAT/DOGE is 1351 DOGE/BTC is .0000007 1 CAT buys 1351 DOGE which buys 0.0009457 BTC Why would anyone trade CAT/BTC at 0.00085 when you can trade CAT -> DOGE -> BTC and make 0.0009457. Well over 10% more profit! CAT/BTC cannot go up until either CAT/DOGE goes down, or DOGE/BTC goes down. These three currencies are linked. CAT will not run like DOGE did, it cannot. Using your example, if CAT/BTC goes to 0.0017 at the same time that CAT/DOGE goes to 2702, DOGE/BTC will remain the same. Although it is more difficult (as you said) for this to happen than if there wasn't the CAT/DOGE trade pair, these mutual jumps just have to occur faster than the amount of time it takes to perform a CAT -> DOGE -> BTC arbitrage. We've already see the prices move in concert on the trading floor
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drizzle2405
Legendary
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Activity: 1148
Merit: 1000
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December 28, 2013, 07:13:23 AM |
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Guys... Relax, it's just like the stock market, same fundamentals...
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tabsa
Member
Offline
Activity: 69
Merit: 10
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December 28, 2013, 07:19:20 AM |
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two exchange pairs means more liquidity for Catcoin. Let the btc and doge flow.
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Mortimer452
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December 28, 2013, 07:20:21 AM |
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Check out buy price. It is not 1350.
I was using the "last trade" numbers. Doesn't matter what the actual numbers are, the math still works out. CAT/BTC is inversely proportional to DOGE/BTC with the pair arrangements on CoinedUp. And DOGE's volume is way, way too high for CAT to bring it down. Give it 24 hours I guess, who knows, maybe I'm wrong, but I don't see any lunar futures here. Which weren't live due to lag. 1200 Doge is last price. Before you can sell for btc, btc for doge, doge for cat, rate will change What may seem as profit, may end up as lost crypto Edit: Its 0.0089 vs 1000 right now Exactly, and that is why the prices of these three exchange pairs *MUST* rise/fall in unison. Again, the actual numbers don't matter, it's the math behind it. For example, if CAT/BTC were to reach 0.01: Currently 0.01 BTC buys about 14,285 DOGE at DOGE/BTC rate of 0.00000071 Which means CAT/DOGE would *HAVE* to reach 14,285 - if it were significantly less, everyone would trade DOGE for CAT and use their CAT to buy BTC These are the same fundamentals applied to fiat currency exchanges, this is a common tool used by exchanges to keep the prices of two commodities in sync
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Bigeyeone
Member
Offline
Activity: 112
Merit: 10
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December 28, 2013, 07:25:46 AM |
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Check out buy price. It is not 1350.
I was using the "last trade" numbers. Doesn't matter what the actual numbers are, the math still works out. CAT/BTC is inversely proportional to DOGE/BTC with the pair arrangements on CoinedUp. And DOGE's volume is way, way too high for CAT to bring it down. Give it 24 hours I guess, who knows, maybe I'm wrong, but I don't see any lunar futures here. Which weren't live due to lag. 1200 Doge is last price. Before you can sell for btc, btc for doge, doge for cat, rate will change What may seem as profit, may end up as lost crypto Edit: Its 0.0089 vs 1000 right now Exactly, and that is why the prices of these three exchange pairs *MUST* rise/fall in unison. Again, the actual numbers don't matter, it's the math behind it. For example, if CAT/BTC were to reach 0.01: Currently 0.01 BTC buys about 14,285 DOGE at DOGE/BTC rate of 0.00000071 Which means CAT/DOGE would *HAVE* to reach 14,285 - if it were significantly less, everyone would trade DOGE for CAT and use their CAT to buy BTC These are the same fundamentals applied to fiat currency exchanges, this is a common tool used by exchanges to keep the prices of two commodities in sync Yes arbitrage and on the same exchange that happens almost instantly
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PMC: 19dNRVPcjsESqo8isdauc1gQ6PbUrAZor9
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Last1212
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December 28, 2013, 07:37:11 AM |
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Vote for Cryptsy!
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Some donate will be good)))))) LTC: LLEhzonntRjo4pLqaw93ZQzw8Qdx3HQ2k7 DOGE: DCty26Yk5kbG2NfoknoyY3UajPzsmbhXP9 WDC: WYJW8RYrc3C8K7duaAWqs8YayMLLNEkWBC CAT: 9nJcehD9dkcsrrVmJxnLJRFc61158nTvvP
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Bigeyeone
Member
Offline
Activity: 112
Merit: 10
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December 28, 2013, 07:39:47 AM |
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PMC: 19dNRVPcjsESqo8isdauc1gQ6PbUrAZor9
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ckybe
Member
Offline
Activity: 122
Merit: 10
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December 28, 2013, 08:01:58 AM |
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Hey MAC OS QT not working! Please check this.
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Last1212
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December 28, 2013, 08:18:26 AM |
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Some donate will be good)))))) LTC: LLEhzonntRjo4pLqaw93ZQzw8Qdx3HQ2k7 DOGE: DCty26Yk5kbG2NfoknoyY3UajPzsmbhXP9 WDC: WYJW8RYrc3C8K7duaAWqs8YayMLLNEkWBC CAT: 9nJcehD9dkcsrrVmJxnLJRFc61158nTvvP
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johnny_non
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December 28, 2013, 08:55:37 AM |
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johnny non @johnny_non 22s @cryptsy you really are missing out on all the fun https://coinedup.com/OrderBook?market=CAT&base=BTC … add catcoin, you're already late to the game 9W4aXggw9bgraD88j77fZg7aT8Lnb4mkTw
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send your strays CAT: 9W4aXggw9bgraD88j77fZg7aT8Lnb4mkTw Everyone has a Dream: DKDB1yj2ohbakpQQvUZsCEWow6K2CDDggD
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kisa2005
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December 28, 2013, 09:07:41 AM |
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38 now
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aleksand
Legendary
Offline
Activity: 868
Merit: 1000
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December 28, 2013, 09:10:04 AM |
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hey guys, do not sell too much catcoins. thr price will go to the mooon
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tabnk
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December 28, 2013, 09:29:16 AM |
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With current difficulty, it's would very soon 1 CAT = 0.3BTC at aleast. I'm shall mine as much and keep as much till it explored. .
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suchjordon
Newbie
Offline
Activity: 24
Merit: 0
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December 28, 2013, 09:30:11 AM |
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Welcome to CatCoinPls.com - We offer automatic payments and quick confirmations. WE ALSO OFFER 0% FEES
Heres a few reasons to join our pool: - Our server are located in Romania.
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We accept every miner with any hash rate! Please Register Now!
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overseerio
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December 28, 2013, 09:32:09 AM |
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Hey guys, I've forked liteaddress.org to be able to generate Catcoin paper wallets! Generator: http://catcoins.biz/addressSource code: https://github.com/catcoins/addressNow you can start mining/receive coins without having to install the client. You won't be able to send any coins unless you install the client and call importprivkey on your generated private key, but this is a good way to get started. As with the other variants of this, it's best if you fork the repo (or just download the HTML file onto your computer), disconnect from the internet, generate your public/private key pair + print it out, close the page, then reconnect. This is so your browser extensions don't have access to your generated private key.
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