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Author Topic: [ANN] Catcoin - Scrypt meow!  (Read 470741 times)
Mortimer452
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December 28, 2013, 06:58:58 AM
 #3601

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.
OBrien
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December 28, 2013, 07:01:40 AM
 #3602

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  Wink What may seem as profit, may end up as lost crypto

Edit: Its 0.0089 vs 1000 right now
overseerio
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December 28, 2013, 07:12:13 AM
 #3603

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 Wink

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 Smiley

drizzle2405
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December 28, 2013, 07:13:23 AM
 #3604

Guys...  Relax, it's just like the stock market, same fundamentals...  

tabsa
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December 28, 2013, 07:19:20 AM
 #3605

two exchange pairs means more liquidity for Catcoin. Let the btc and doge flow.

Best community mining pools: 0% fee, stratum, PPLNS, fast dedicated servers, great support
  Dogecoin    http://teamdoge.com      Catcoin    http://teamcatcoin.com   
https://kiwiirc.com/client/irc.freenode.net/teamdoge        https://kiwiirc.com/client/irc.freenode.net/teamcatcoin
Mortimer452
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December 28, 2013, 07:20:21 AM
 #3606

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  Wink 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
Bigeyeone
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December 28, 2013, 07:25:46 AM
 #3607

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  Wink 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

PMC: 19dNRVPcjsESqo8isdauc1gQ6PbUrAZor9
Last1212
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December 28, 2013, 07:37:11 AM
 #3608

Vote for Cryptsy!

Some donate will be good))))))
LTC: LLEhzonntRjo4pLqaw93ZQzw8Qdx3HQ2k7        DOGE: DCty26Yk5kbG2NfoknoyY3UajPzsmbhXP9
WDC: WYJW8RYrc3C8K7duaAWqs8YayMLLNEkWBC        CAT: 9nJcehD9dkcsrrVmJxnLJRFc61158nTvvP
Bigeyeone
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December 28, 2013, 07:39:47 AM
 #3609

Vote for Cryptsy!

Yes vote for cat on Cryptsy

https://cryptsy.freshdesk.com/support/discussions/topics/46326

PMC: 19dNRVPcjsESqo8isdauc1gQ6PbUrAZor9
ckybe
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December 28, 2013, 08:01:58 AM
 #3610

Hey MAC OS QT not working! Please check this.


Last1212
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December 28, 2013, 08:18:26 AM
 #3611

Check it out https://bitcointalk.org/index.php?topic=388505.0 New BOUNTY!!!

Some donate will be good))))))
LTC: LLEhzonntRjo4pLqaw93ZQzw8Qdx3HQ2k7        DOGE: DCty26Yk5kbG2NfoknoyY3UajPzsmbhXP9
WDC: WYJW8RYrc3C8K7duaAWqs8YayMLLNEkWBC        CAT: 9nJcehD9dkcsrrVmJxnLJRFc61158nTvvP
johnny_non
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December 28, 2013, 08:55:37 AM
 #3612

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

send your strays CAT: 9W4aXggw9bgraD88j77fZg7aT8Lnb4mkTw  Everyone has a Dream: DKDB1yj2ohbakpQQvUZsCEWow6K2CDDggD
kisa2005
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December 28, 2013, 09:07:41 AM
 #3613

We are #39 here: http://coinmarketcap.com Cheesy

38 now Cheesy
aleksand
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December 28, 2013, 09:10:04 AM
 #3614

hey guys, do not sell too much catcoins. thr price will go to the mooon
kisa2005
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December 28, 2013, 09:27:45 AM
 #3615


AND EARN > 5CATs FOR YOUR SUPPORTIVE COMMENTS.

https://bitcointalk.org/index.php?topic=387919.0
tabnk
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December 28, 2013, 09:29:16 AM
 #3616

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. Smiley.

 Cool
suchjordon
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December 28, 2013, 09:30:11 AM
 #3617

Welcome to CatCoinPls.com - We offer automatic payments and quick confirmations. WE ALSO OFFER 0% FEES


Heres a few reasons to join our pool:
 
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We accept every miner with any hash rate! Please Register Now!
overseerio
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December 28, 2013, 09:32:09 AM
 #3618

Hey guys, I've forked liteaddress.org to be able to generate Catcoin paper wallets!

Generator: http://catcoins.biz/address
Source code: https://github.com/catcoins/address

Now 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.

thekekk
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December 28, 2013, 09:32:50 AM
 #3619

Some cheap CatCoins for sale can post internationally just let me know to add your user id to exceptions if you have ebay feedback 5+ http://www.ebay.co.uk/itm/121242899095?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

BTC: 1AqwCAprjKRniThdxvCDx1TMPUYsqd8ig7
EAC: eYqPmqv3AiB12Z5b2MMpNm1vXtVPnp5PPX
e-token: e4ViTyRpJF9whLiKtLaAranijfeoTrww4u
Tyson2295
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December 28, 2013, 09:35:38 AM
 #3620

don't forget to follow Cheesy https://twitter.com/CatcoinOfficial

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