smartcoin (OP)
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smartcoin.io
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March 15, 2014, 09:23:15 PM |
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Lets bring this coin back to the 5k+ sats! any ideas of what we could do? any promotion?...lets be honest if any coin were to be adopted it would be smartcoin and thats just for the name..lets make this coin stand out.
DEV ... - any new ideas - new updates - or new news Only news is that the new wallets are underway. |
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silencesilence
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Activity: 1120
Merit: 1000
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March 15, 2014, 09:47:53 PM |
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Lets bring this coin back to the 5k+ sats! any ideas of what we could do? any promotion?...lets be honest if any coin were to be adopted it would be smartcoin and thats just for the name..lets make this coin stand out.
DEV ... - any new ideas - new updates - or new news Only news is that the new wallets are underway. What do you mean, I maybe I missed it and I do not understand what you mean |
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jiapetz
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March 15, 2014, 09:53:25 PM |
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Don't think we're gonna be seeing any significant price movements upwards in the near future.
All markets are taking a beating right now, thought the mass dumping from a week or two ago was bad, but another wave of dumps hit these last few days.
All we can do right now is hold, wait for developments, and try to promote as much as we can.
Just gotta wait for the new wave of investors to come back in once markets pick up again.
Right now the problem is with the overall bearish market, rather than any problem with SMC itself.
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silencesilence
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Activity: 1120
Merit: 1000
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March 15, 2014, 10:14:00 PM |
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2014-03-15 17:51:24 Sell 0.00000696 4310.34482759 0.03000000   I make statistics let everyone buys to write this .... I wonder how many people currently buy and if you we have kit now |
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Crypto Whale
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Activity: 42
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March 15, 2014, 10:28:51 PM |
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Time to pick up some cheap coins.. ended up getting like 20+k or so ..so far  just seeing if its going to drop any lower 2014-03-15 16:37:43 Buy 0.00000731 13611.49747484 0.09950005 |
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arnie123
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Activity: 16
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March 16, 2014, 05:48:03 AM |
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how's my favourite coin doing?
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Invisible Hands
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March 16, 2014, 08:04:26 AM |
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I think a drastic block reward reduction is deserved. I realize the there is too much inflation currently.
What do you guys think the reward should be in ~12000 blocks?
I think 16 would be appropriate.
I may actually implement a variable block reward (proportional to the difficulty).
I think there should be a gradual step down with no more than halving at any given time. 16 is too drastic IMO. 32 is better, 16 can be the second halving. Fixed rewards is the future and should not be changed. |
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bodenliu
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March 16, 2014, 08:27:37 AM |
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ｏｈ ｆｕｃｋ， ｗｈａｔ ａ ｐｒｉｃｅ  |
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silencesilence
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Activity: 1120
Merit: 1000
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March 16, 2014, 09:46:44 AM |
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Some sold in thousands 2014-03-16 04:31:25 Sell 0.00000601 8089.34610523 0.04861697 2014-03-16 04:31:25 Sell 0.00000635 6000.00000000 0.03810000 2014-03-16 04:31:25 Sell 0.00000643 7957.59183271 0.05116732 2014-03-16 04:28:09 Sell 0.00000660 15833.65436156 0.10450212 2014-03-16 03:18:26 Sell 0.00000662 1515.85669078 0.01003497 2014-03-15 21:43:21 Sell 0.00000660 20933.23504506 0.13815935 Remember that once sold .... In this line of thought some people have bought  |
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affan
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March 16, 2014, 12:02:47 PM |
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lol why I bought this coin at 6000 sato  |
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silencesilence
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Activity: 1120
Merit: 1000
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March 16, 2014, 12:40:26 PM |
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lol why I bought this coin at 6000 sato If I had about 50 BTC, I would shoot up the price of this coin in the sky ... unfortunately for me I do not have I'm really mad at each sells at these prices and why the fuck sell ..... quick profit .... but now profit very less than other coins .... For me the people who sell are not currently receiving their coins by buying or mining How then received these coins .... ? |
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smokim87
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March 16, 2014, 01:19:12 PM |
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lol why I bought this coin at 6000 sato If I had about 50 BTC, I would shoot up the price of this coin in the sky ... unfortunately for me I do not have I'm really mad at each sells at these prices and why the fuck sell ..... quick profit .... but now profit very less than other coins .... For me the people who sell are not currently receiving their coins by buying or mining How then received these coins .... ? You'll notice that network hashrate jumps about 200-300 MH/sec everyday for hours then back down to 200-250 MH/sec I'm assuming someone is mining when diff goes down and mines a bunch of coins then stops and dumps them at lower and lower prices. Once difficulty drops back down they start again repeating the process. It sure seems like someone is trying to destroy SMC. |
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silencesilence
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Activity: 1120
Merit: 1000
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March 16, 2014, 01:34:41 PM |
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lol why I bought this coin at 6000 sato If I had about 50 BTC, I would shoot up the price of this coin in the sky ... unfortunately for me I do not have I'm really mad at each sells at these prices and why the fuck sell ..... quick profit .... but now profit very less than other coins .... For me the people who sell are not currently receiving their coins by buying or mining How then received these coins .... ? You'll notice that network hashrate jumps about 200-300 MH/sec everyday for hours then back down to 200-250 MH/sec I'm assuming someone is mining when diff goes down and mines a bunch of coins then stops and dumps them at lower and lower prices. Once difficulty drops back down they start again repeating the process. It sure seems like someone is trying to destroy SMC. Network Info Difficulty 16.69545280 Est Next Difficulty 17.54338297 Can we to understand
who minings now |
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silencesilence
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Activity: 1120
Merit: 1000
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March 16, 2014, 01:45:55 PM |
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I calculated that 1 day
24 hours is 86,400 seconds / 40 seconds per block = 2160 blocks
2160 block * 64 coins = 140 000 coins per day
volume is about 200000-250000 ie from fear sell and people who mining before or bought before
but why did mining as there are now more profitable coins and can dig them and sell for more profit
Perhaps some really want to kill this coin .... or some off the price to make a huge profit
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Antebellum
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March 16, 2014, 01:51:54 PM |
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lol why I bought this coin at 6000 sato If I had about 50 BTC, I would shoot up the price of this coin in the sky ... unfortunately for me I do not have I'm really mad at each sells at these prices and why the fuck sell ..... quick profit .... but now profit very less than other coins .... For me the people who sell are not currently receiving their coins by buying or mining How then received these coins .... ? You'll notice that network hashrate jumps about 200-300 MH/sec everyday for hours then back down to 200-250 MH/sec I'm assuming someone is mining when diff goes down and mines a bunch of coins then stops and dumps them at lower and lower prices. Once difficulty drops back down they start again repeating the process. It sure seems like someone is trying to destroy SMC. That could be sorted with a regulation of block rewards quite easily, now mining a short period of time get big amount of coins dump then with the low volume destroyes a lot, with smaller block reward it would be harder to do it, im hoping dev see this problem and is working on a solution. halving the block reward would be a start to go with. |
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silencesilence
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March 16, 2014, 04:46:20 PM |
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Crypto Whale
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March 16, 2014, 06:09:15 PM |
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What price did you buy in at mate? and I hope this coin recovers and reaches a new high! |
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Symbiont
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March 16, 2014, 06:10:37 PM |
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COME ON GUYS!!! BE SMARTC IN
Already at the moon |
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jpinconline
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March 16, 2014, 06:15:04 PM |
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[/quote] What price did you buy in at mate? and I hope this coin recovers and reaches a new high! [/quote] I unfortunately got in WAY to early 27000 and 22000 and some more at 10000. At this point selling is no longer an option. I still believe I will eventually see a nice profit though. Looking at the long term. (Or I am delusional ) |
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smartcoin (OP)
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smartcoin.io
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March 16, 2014, 06:28:12 PM |
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The reason you see all of these people selling is not because they're doing it on purpose, their mining and using Cryptsy's auto sell feature. Most likely this is a multipool who has mined a few blocks and offloads them at a little bit above market price.
So, the only way to avert them from driving down the price, you'd have to have buy orders near the lowest sell order, and enough to cover it as well.
This price is meaningless at the moment, no sensible investor would be selling at these prices (except lunatics), we just have a large miner problem.
I could buy up all of the orders all the way up to I guess 4000, but that means absolutely nothing. I wouldn't have any more BTC at all to support that price. I know this because I have done this on several occasions, with several BTC at a time, only at a lot higher prices.
Also, only insane people would sell at the 100-200 satoshi range, so it will never reach that 8 million buy. No one would even sell that much anyways. (No suicide today silencesilence).
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