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Author Topic: ••• [ANN][SMC] SmartCoin • KGW • Cryptsy • Reduced Block Rewards • Update your wallets • 10 EXCHANGE  (Read 298751 times)
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smartcoin (OP)
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March 15, 2014, 09:23:15 PM
 #4721

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.

silencesilence
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March 15, 2014, 09:47:53 PM
 #4722

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
jiapetz
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March 15, 2014, 09:53:25 PM
 #4723

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.
silencesilence
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March 15, 2014, 10:14:00 PM
 #4724

2014-03-15 17:51:24   Sell   0.00000696   4310.34482759   0.03000000   Huh  Cry Cry Cry

I make statistics
let everyone buys to write this .... I wonder how many people currently buy and if you we have kit now
Crypto Whale
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March 15, 2014, 10:28:51 PM
 #4725

Time to pick up some cheap coins.. ended up getting like 20+k or so ..so far Smiley just seeing if its going to drop any lower
2014-03-15 16:37:43   Buy   0.00000731   13611.49747484   0.09950005
arnie123
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March 16, 2014, 05:48:03 AM
 #4726

how's my favourite coin doing?
Invisible Hands
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March 16, 2014, 08:04:26 AM
 #4727

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.
bodenliu
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March 16, 2014, 08:27:37 AM
 #4728

oh fuck, what a price Angry

silencesilence
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March 16, 2014, 09:46:44 AM
 #4729

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 Wink
affan
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March 16, 2014, 12:02:47 PM
 #4730

lol why I bought this coin at 6000 sato  Grin   Cry

ALFATOKEN   ★ ★ ★ ★ ★   Sept, 29 - Oct, 29
silencesilence
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March 16, 2014, 12:40:26 PM
 #4731

lol why I bought this coin at 6000 sato  Grin   Cry

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 ....Huh?
smokim87
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March 16, 2014, 01:19:12 PM
 #4732

lol why I bought this coin at 6000 sato  Grin   Cry

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 ....Huh?

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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March 16, 2014, 01:34:41 PM
 #4733

lol why I bought this coin at 6000 sato  Grin   Cry

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 ....Huh?

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
silencesilence
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March 16, 2014, 01:45:55 PM
 #4734

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
Antebellum
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March 16, 2014, 01:51:54 PM
 #4735

lol why I bought this coin at 6000 sato  Grin   Cry

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 ....Huh?

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.

silencesilence
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March 16, 2014, 04:46:20 PM
 #4736

currently buy people who have made their orders ... 1 month ago just for fun so if something happens and buy cheap coins .... even they probably do not know about that coin go down   Grin

After a month Some guy can buy 8 million

0.00000002     8505000.00000000          0.17010000  

 Grin Grin Grin Grin Grin Grin Grin Grin Grin


now I find it funny I lost very much money .... or rope I have to put or jump from 8th floor

I live on the 8th floor


maybe I'll end of my life  Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry
Crypto Whale
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March 16, 2014, 06:09:15 PM
 #4737

currently buy people who have made their orders ... 1 month ago just for fun so if something happens and buy cheap coins .... even they probably do not know about that coin go down   Grin

After a month Some guy can buy 8 million

0.00000002     8505000.00000000          0.17010000  

 Grin Grin Grin Grin Grin Grin Grin Grin Grin


now I find it funny I lost very much money .... or rope I have to put or jump from 8th floor

I live on the 8th floor


maybe I'll end of my life  Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry CryCry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry

 What price did you buy in at mate? and I hope this coin recovers and reaches a new high!
Symbiont
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March 16, 2014, 06:10:37 PM
 #4738

COME ON GUYS!!!

BE SMARTCIN


Already at the moon Smiley
jpinconline
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March 16, 2014, 06:15:04 PM
 #4739


[/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  Wink)
smartcoin (OP)
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March 16, 2014, 06:28:12 PM
 #4740

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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