toknormal
Legendary
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Activity: 3066
Merit: 1188
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February 01, 2014, 02:00:13 AM |
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It's not about your calc being right or wrong, there is reason to your logic but there is another factor. Supply and demand. Usually when a coin is new and getting a lot of hashpower people start to take notice and join in. Then when it hits an exchange there are 500 sell orders and maybe 5 buy orders, or none at all even. You can tell when it is a pump and dump when all of the activity on the exchange is from sellers undercutting each other. Coino has a pretty decent buy:sell order ratio for its infancy. The true test will be when it hits an exchange like cryptsy but so far this community seems to understand better than most how not to take the coin down with big-eyed greed. Most people here are in it for the long-haul. With the coins that you see failing every day, you might see a decent hashrate but all you see in chat is, "when can we sell?".
Thanks for your considered and patient reply which is appreciated in light of my almost "troll"-like posts. I'm not actually trying to troll, just trying to dig. When I first came across this coin it did strike me as interesting, mainly for the reasons you mention. But then later I wasn't sure and thought I'd do a bit of challenging, especially since I thought it was damn expensive and I'd quite like to at least justify it to myself. If miners value the coin highly enough to not dump it early on for a low price then that's as good a reason as any and is in fact what makes a price more than anything. Thanks again for the replies !
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craaaa
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February 01, 2014, 02:56:42 AM |
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Coino is not a pump and dump coin. I dont know exactly but they wanna make something big out of coino. Everybody expecting the price after a few weeks on cryptsy around $1-$2 and after 1-2 years like ltc. I did hear that there are some online companies in germany who will accept coino as an online payment in a few weeks for that they need a fast transaction time. Thats all I know but thats the reason I just mine and dont dump my coins. You hear lots of things.... yeah and I trust my source. If you wanna dump your coin, come on go ahead but dont cry like the guy who bought a pizza for 10.000 bitcoins a few years ago. , but the pizza was good.
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icase
Newbie
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Activity: 8
Merit: 0
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February 01, 2014, 03:08:00 AM |
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I lost coino on coino.org? anyone experienced the same thing with me? why did it happen?
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poolers
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February 01, 2014, 03:33:49 AM |
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I lost coino on coino.org? anyone experienced the same thing with me? why did it happen?
How? I wasn't aware that coino.org even held coins. Do you mean coino.info? You should pm the admin, I am sure he will look into it for you.
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craaaa
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February 01, 2014, 03:48:21 AM |
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I lost coino on coino.org? anyone experienced the same thing with me? why did it happen?
send him request, for solved this ;-) I dont think he/she wants to get your coin < we only start , its only issue from start ...
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icase
Newbie
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Activity: 8
Merit: 0
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February 01, 2014, 04:05:31 AM |
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I lost coino on coino.org? anyone experienced the same thing with me? why did it happen?
How? I wasn't aware that coino.org even held coins. Do you mean coino.info? You should pm the admin, I am sure he will look into it for you. yes, not coino.org but coino.info I lost coino on coino.org? anyone experienced the same thing with me? why did it happen?
send him request, for solved this ;-) I dont think he/she wants to get your coin < we only start , its only issue from start ... I've sent an email to admin pool, and is now waiting for the answer, hopefully it will not go away, if it is lost without an answer I really disappointed with the pool coino.info
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busoni
Sr. Member
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Activity: 364
Merit: 250
Owner of Poloniex
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February 01, 2014, 04:43:36 AM |
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If someone wants to send me a coin (a single coin will do fine) so I can test deposits and withdrawals, I'll add this to Poloniex.com. Address: UkH7Yr4S4Y4qYAHAAasHZGK8239gDyzF8X
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Poloniex.com - Fast crypto exchange with margin trading, advanced charts, and stop-limit orders
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DGBfan
Newbie
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Activity: 18
Merit: 0
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February 01, 2014, 04:51:23 AM |
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I lost coino on coino.org? anyone experienced the same thing with me? why did it happen?
Coino.info's payment system got messed up for almost a full day. Since then my mining for the whole day has never showed up. I tried all day to get into my account with several failed password reset attempts due to invalid token. I finally got in to the account and saw a 0 balance. I messaged the admin because they said it could take 24 hours to get your coin. I tried just now to get in the account to see if the balance was credited and it says my password is invalid again. I checked my email and there was a password reset link. I clicked it and it says invalid token again. So once again I can't get into my account to see if the balance is there. Coino.info was a good thing going there for a while. I hope they get things straightened out. It was a really good pool. I'm on the hash.so pools now and liking them too.
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icase
Newbie
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Activity: 8
Merit: 0
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February 01, 2014, 05:00:51 AM |
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I lost coino on coino.org? anyone experienced the same thing with me? why did it happen?
Coino.info's payment system got messed up for almost a full day. Since then my mining for the whole day has never showed up. I tried all day to get into my account with several failed password reset attempts due to invalid token. I finally got in to the account and saw a 0 balance. I messaged the admin because they said it could take 24 hours to get your coin. I tried just now to get in the account to see if the balance was credited and it says my password is invalid again. I checked my email and there was a password reset link. I clicked it and it says invalid token again. So once again I can't get into my account to see if the balance is there. Coino.info was a good thing going there for a while. I hope they get things straightened out. It was a really good pool. I'm on the hash.so pools now and liking them too. yes, and now I'm waiting for an email from admin to request a lost coin, I hope they can restore and maintain the good reputation of the pool, but if there is no answer and remained coin back, I am really very disappointed
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craaaa
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February 01, 2014, 05:03:39 AM |
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I lost coino on coino.org? anyone experienced the same thing with me? why did it happen?
Coino.info's payment system got messed up for almost a full day. Since then my mining for the whole day has never showed up. I tried all day to get into my account with several failed password reset attempts due to invalid token. I finally got in to the account and saw a 0 balance. I messaged the admin because they said it could take 24 hours to get your coin. I tried just now to get in the account to see if the balance was credited and it says my password is invalid again. I checked my email and there was a password reset link. I clicked it and it says invalid token again. So once again I can't get into my account to see if the balance is there. Coino.info was a good thing going there for a while. I hope they get things straightened out. It was a really good pool. I'm on the hash.so pools now and liking them too. yes, and now I'm waiting for an email from admin to request a lost coin, I hope they can restore and maintain the good reputation of the pool, but if there is no answer and remained coin back, I am really very disappointed it only human , maybe sleep
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busoni
Sr. Member
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Activity: 364
Merit: 250
Owner of Poloniex
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February 01, 2014, 06:11:51 AM |
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Poloniex.com - Fast crypto exchange with margin trading, advanced charts, and stop-limit orders
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temple
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February 01, 2014, 06:33:01 AM |
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coino.org (OP)
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February 01, 2014, 06:39:25 AM |
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dedicatedpoolcom
Newbie
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Activity: 42
Merit: 0
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February 01, 2014, 06:44:24 AM |
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Never mind. I have my source, you have your feeling about it. Do what you wanna do... It's not a "feeling" that's telling me this, it's a calculator I don't want to detract from you guys that have been busy mining for weeks (days ?), but if you're going to spend good btc on a coin that comes out of the gate at 4 decimals, with 121,000 being added to the supply each day then there's got to be a reason why, otherwise it's going straight to zero after 2 hours on Crypsy. Nobody even knows who this "one big german marketing agency" is that has 21 employees and 8 million euro in turnover (b.t.w. that is actually a very 'small' marketing company). Looks like a pure pump & dump exercise to me. Doesn't mean it's not hanging on to it for 24 hours after opening, but I'd be interested to hear if anyone has anything to add to my analysis or if I've basically covered everything. I've talked directly to the dev. I can tell you, this isn't pump and dump by them. Others may dump, but the developer is not. They are really in this for the long run. What else must people do to convince you otherwise? Coino wants to replace LTC. It can happen. Also there is no reason for them to pump and dump. They are a successful business. They stand to make a lot more in the long run by holding instead of purely dumping. Even dedicatedpool is holding and we are the largest coino pool. From speaking to our members, they are CONVINCED to hold too. Some of them may dump, but there are a TON of people on board that believe in the future of this coin. I can't tell you the last time I hear people believing in the coin... seriously believing in it.If Cryptsy doesn't add a real coin like coino this weekend and ends up adding a pump and dump coin like Leaf, I don't know what to tell you. They are most likely more worried about short term volume rather than long per success. Cryptsy will miss the boat because all the other exchanges are chomping at the bit to list this. Why do you think you don't see coino up for sale? BECAUSE people are holding - they believe in this coin. http://dedicatedpool.comRyan, dedicatedpool.com support/admin admin@dedicatedpool.com / IRC on freenode #dedicatedpool http://dedicatedpool.com/images/l.png
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ckoeber
Member
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Activity: 182
Merit: 10
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February 01, 2014, 07:11:31 AM |
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Never mind. I have my source, you have your feeling about it. Do what you wanna do... It's not a "feeling" that's telling me this, it's a calculator I don't want to detract from you guys that have been busy mining for weeks (days ?), but if you're going to spend good btc on a coin that comes out of the gate at 4 decimals, with 121,000 being added to the supply each day then there's got to be a reason why, otherwise it's going straight to zero after 2 hours on Crypsy. Nobody even knows who this "one big german marketing agency" is that has 21 employees and 8 million euro in turnover (b.t.w. that is actually a very 'small' marketing company). Looks like a pure pump & dump exercise to me. Doesn't mean it's not hanging on to it for 24 hours after opening, but I'd be interested to hear if anyone has anything to add to my analysis or if I've basically covered everything. I've talked directly to the dev. I can tell you, this isn't pump and dump by them. Others may dump, but the developer is not. They are really in this for the long run. What else must people do to convince you otherwise? Coino wants to replace LTC. It can happen. Also there is no reason for them to pump and dump. They are a successful business. They stand to make a lot more in the long run by holding instead of purely dumping. Even dedicatedpool is holding and we are the largest coino pool. From speaking to our members, they are CONVINCED to hold too. Some of them may dump, but there are a TON of people on board that believe in the future of this coin. I can't tell you the last time I hear people believing in the coin... seriously believing in it.If Cryptsy doesn't add a real coin like coino this weekend and ends up adding a pump and dump coin like Leaf, I don't know what to tell you. They are most likely more worried about short term volume rather than long per success. Cryptsy will miss the boat because all the other exchanges are chomping at the bit to list this. Why do you think you don't see coino up for sale? BECAUSE people are holding - they believe in this coin. http://dedicatedpool.comRyan, dedicatedpool.com support/admin admin@dedicatedpool.com / IRC on freenode #dedicatedpool As they say; proof is in the pudding. You gave a good speech there but let's see how the coin's value holds up. Wonder if people will still believe and hold on to this coin when it hits an exchange and the coin loses half or more of it's value on the first day.
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dedicatedpoolcom
Newbie
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February 01, 2014, 07:19:08 AM |
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When/if people sell their coino for $0.50 to a $1 on opening. They are going to be very sad when in months it's valued much higher, ready to go after LTC.
I mean shit, who knows what the future brings.. if we knew we'd all be rich. But this coin, coino, is the first good shot a coin has at dethroning LTC in months.
How many sad people are there going to be if this coin hits $10/coino by spring? Of course it could hit $0.25 or lower as well. It really depends on the holders of this coin. Do we want coino to rise up out of the trash alts and hold its own? I sure do! Buy it up now at super cheap rates!
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coino.org (OP)
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February 01, 2014, 07:20:45 AM |
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The only thing we can add to it, is that coino is NOT a Daytrader coin! Every coin that hit cryptsy go UP and DOWN and need time to get stable. But the most important thing is the support after that UPs and DOWNs, and that is for what coino is.. We will not disappear like 99% of others alt coin creators.
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dedicatedpoolcom
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February 01, 2014, 07:29:15 AM |
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The only thing we can add to it, is that coino is NOT a Daytrader coin!
I believe it is a day trading coin, but the splits and falls won't be at high and/or as big as most coins. Of course like any coin it'll take a bit to stabilize, but once it does, that's when the real value will start to increase. I mean think about it... Short name "coino" Easy to remember, easy to say. Fast transaction times. Developer is an established German business with real value. Other companies can get on board with a developer like that can develop relationships going forward. Not a gimmick coin. Grass-roots, started small and gained a very loyal following. Read the thread of coino.. from the beginning... you tell me that's not the best coin launch in history. Thanks Ryan
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