••• [ANN][SMC] SmartCoin • KGW • Cryptsy • Reduced Block Rewards • Update your wallets • 10 EXCHANGE

[Symbiont]

most coins that end up on cryptsy get dumped hard and the values shrink
anyways i guess it was "smart" of me to sell at x2 its current value

That´s not true. Sure it´s not enough just to be there. Be it´s the next good step to get more attention.

Vertcoin before Cryptsy = 25000, after hitting up to 0.015, now back to 0.0025 - even 10x more than before they hit C.

[kidyubyub]

I was kiddin :p , I have 100k smc , I will succeed or die with them.

Sadly, I mine slowly. I only have 385, but nonetheless, I will hold! LOL  Oh, and keep mining. 

[Antebellum]

Just got off the phone with Cryptsy. If we didn't before, we have their attention now.

... and? What did they say?

The request is going directly to Paul, aka Big Vern.

good news! So keep mining as much as possible until everyone else comes and wants a piece of the pie. . .

[damiano]

most coins that end up on cryptsy get dumped hard and the values shrink
anyways i guess it was "smart" of me to sell at x2 its current value

That´s not true. Sure it´s not enough just to be there. Be it´s the next good step to get more attention.

Vertcoin before Cryptsy = 25000, after hitting up to 0.015, now back to 0.0025 - even 10x more than before they hit C.

Vertcoin had Adaptive N-Factor which at the time was unique and made mining it not as easy as normal script..

Smartcoin is in the same boat as Leafcoin.  

Both were released at the same time without KGW implemented.  
Both tried to implement it to save the coin from multipools.  


edit: why would anyone want to get involved with a coin knowing that prior to KWG people mined the fuck out of it and with price rising they would just dump?

[chidex]

Just got off the phone with Cryptsy. If we didn't before, we have their attention now.

... and? What did they say?

The request is going directly to Paul, aka Big Vern.

THATS GREAT NEWS!!

http://i57.tinypic.com/veyqfb.jpg

[Antebellum]

edit: why would anyone want to get involved with a coin knowing that prior to KWG people mined the fuck out of it and with price rising they would just dump?

with that logic, why should anyone invest in any cryptocoin at all? All coins is going to get "mined the fuck out" it all depends in wich time you jump on the ship. early adopters will gain more then the rest, (if they actually stays and got the cools to keep their coins and not checking exchanges every minute) but why shouldnt they ? They jumped it when no one else belivied in it, when it rise all that´s in it for purely gain will jump over it as wolfs that how it works.

[metstijl]

I hope cryptsy see's our protentional. Our dev is a very good coder and he listen to the people. This is also a long term plan. So no pump and dump. He only has 300k smarcoin.

[Symbiont]

Just got off the phone with Cryptsy. If we didn't before, we have their attention now.

... and? What did they say?

The request is going directly to Paul, aka Big Vern.

THATS GREAT NEWS!!

Smart² design! I like!

[raulrichart]

please!!! i need read private with smc coin creator

[Symbiont]

I hope cryptsy see's our protentional. Our dev is a very good coder and he listen to the people. This is also a long term plan. So no pump and dump. He only has 300k smarcoin.

There are only 3,5 million coins mined so far and most of the coins are hold by long time miner, some strong hands which have bought from the weak hands, some whales and the dev. Smartcoin don´t looks like a dump coin.

And never forget: In the end the market have to use the the coin as a currency. All the features a coin has, are important, indeed. Much more important is, that ppl want to have a currency with a smooth name which stands for value, trust and innovation. A cat, dog, lemon, kitteh, noodle, dope, dark, fake, sex... coin will never be successful for this reason.

Smartcoin - the currency of a smart² world!

This makes sense for the ppl!!!

[damiano]

edit: why would anyone want to get involved with a coin knowing that prior to KWG people mined the fuck out of it and with price rising they would just dump?

with that logic, why should anyone invest in any cryptocoin at all? All coins is going to get "mined the fuck out" it all depends in wich time you jump on the ship. early adopters will gain more then the rest, (if they actually stays and got the cools to keep their coins and not checking exchanges every minute) but why shouldnt they ? They jumped it when no one else belivied in it, when it rise all that´s in it for purely gain will jump over it as wolfs that how it works.

 im stating that I wouldnt take a coin serious especially now without kgw in place

[chidex]

Just got off the phone with Cryptsy. If we didn't before, we have their attention now.

... and? What did they say?

The request is going directly to Paul, aka Big Vern.

THATS GREAT NEWS!!

http://i57.tinypic.com/veyqfb.jpg

Smart² design! I like!

Thank you... i get bored today

[chidex]

I hope cryptsy see's our protentional. Our dev is a very good coder and he listen to the people. This is also a long term plan. So no pump and dump. He only has 300k smarcoin.

There are only 3,5 million coins mined so far and most of the coins are hold by long time miner, some strong hands which have bought from the weak hands, some whales and the dev. Smartcoin don´t looks like a dump coin.

And never forget: In the end the market must use the the coin as a currency. All the features a coin has, are important, indeed. Much more important is, that ppl want to have a currency with a smooth name which stands for value, trust and innovation. A cat, dog, lemon, kitteh, noodle, dope, dark, fake, sex... coin will never be successful for this reason.

Smartcoin - the currency of a smart² world!

This makes sense for the ppl!!!

+1

[metstijl]

The road to cryptsy has begon :')
I <3 cryptsy





































cryptsy

[Symbiont]

You know, I like to play with the smart thing to get some headlines and a slogan.

Smartcoin - the smart currency^2.0

[metstijl]

New logo already on twitter x)
https://twitter.com/search?src=typd&q=%23smartcoin
love it.

[TiberiuC]

Somedy bought ~10k SMC from 0.00011 to 0.000085 BTC on swisscex

[bodenliu]

good to see your discussions, more discussions make the community healthy

let’s hit C!    can‘t wait to see what my 14k coins can do

[Invisible Hands]

smartcoin：
are you updating your website now? when will the work done? It seems like the reason of panic sell today.

First off, it wasn't a panic sell.  I watched it happen.  Repeatedly over a fairly short period of time, someone very rapidly bought his way through lots of pre-set sale lots, none of which had particularly large amounts of SMC.  This was done so quickly via some sort of automated mechanism or "buy bot" that coinmarket.io couldn't even keep up with the display of sale lots, only the current price.  In other words, the display would show lots from, for example 11xxx down to 9xxx but the lots being sold were at 7xxx.  You could only see the actual price in the Buy and Sell boxes.

The result was that the only remaining lots for sale were quite inexpensive and it appeared as if there had been a run.  That caused some people who believed there HAD been a run to lower their prices considerably and then the process repeated itself.  As I said, I watched it happen twice and I think it probably occurred a few more times.  In the end, someone with automated buying software managed to get a nice sized chunk of SMC for a deep discount.  And because of my pre-set sell orders, I ended up with a bunch more SMC at prices I never thought I'd see.  So yay for me, I guess.

I had a series of preset buy triggers set across fairly broad range and they all triggered in seconds.  Here's the one that had a set at 7500 and then 7006.  Both were triggered in less than 20 seconds yet there were many orders in between.  Same thing for 2 other sets I had.
Buy   Tue Feb 18 04:58:34   499.25 SMC   0.00007006   0%   0.03497746 BTC
Buy   Tue Feb 18 04:58:15   331.83812547 SMC0.00007500   0%   0.02488786 BTC

Nobody types that fast

Secondly, you think that an unfinished website is something that causes a panic sell?  Egad, man; get a grip.

You don't buy a coin to get it to go down you sell a bunch.  Is this what you are saying?  I noticed some interesting things going on that day as well.  There was a certain exchange that was hemorrhaging SMC at ridiculously low prices well before the drop at coinmarket.io.  It was an arbitrage opportunity gone bad.  They dumped the crap out of it on coinmarket because they bought it for much less than half price.  I saw SMC going for less than 0.00004000 BTC and it was selling for high 9000 satoshi on coinmarket.io.  And I was already late to the party, thousands had already been sold at 2000 satoshi and lower.  I did buy a bunch myself until I ran out of capital but I did not sell a single Smartcoin, I'm still well in the money on that deal right now.  Loose exchanges sink ships.  Up until 30 minutes ago you could still buy thousands of SMC for 0.00006220 BTC each.

edit:  over 2000 SMC @ 0.00006500 BTC less than 10 minutes ago...

edit2:  over 3000 SMC @ 0.00006220 BTC around an hour ago...

[metstijl]

holy shit that new logo ! love it!