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Author Topic: [ANN][RDD] Reddcoin The Social Currency [PoSV] Electrum Wallet 1.0.2  (Read 686037 times)
mazril
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August 06, 2014, 08:04:18 PM
 #4121

Dump to 0.0000001 Sad


Cheesy ?  sow sell all to me Smiley

Tip RDD: Rwm2Bq3y8aHt7Xvp5hs97SY3FApMrYSMMk
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waqas
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August 06, 2014, 08:35:35 PM
 #4122

Dump to 0.0000001 Sad


Cheesy ?  sow sell all to me Smiley
I am ready to buy your all on this rate really I mean it  Wink

Anders
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August 06, 2014, 08:57:52 PM
 #4123

I'm starting to have my doubts. I tested sending a small amount of reddcoins and there was a transaction fee! Angry They said in the official video that there was zero transaction fees. And the idea of proof of stake seems stupid. If you are a big fat 'whale' with a huge amount of coins, the proof of stake method rewards you profusely so that you get even richer. The poor stay poor and the rich get richer. That's the same kind of lopsided wealth distribution we already have with the ordinary (fiat) currencies.
allcoinminer
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August 06, 2014, 09:04:11 PM
 #4124

Look at that huge dogi bar and the buy volume.
Weaker hands loose early.
I'm adding more on to my redd.
allcoinminer
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August 06, 2014, 09:05:52 PM
 #4125

I'm starting to have my doubts. I tested sending a small amount of reddcoins and there was a transaction fee! Angry They said in the official video that there was zero transaction fees. And the idea of proof of stake seems stupid. If you are a big fat 'whale' with a huge amount of coins, the proof of stake method rewards you profusely so that you get even richer. The poor stay poor and the rich get richer. That's the same kind of lopsided wealth distribution we already have with the ordinary (fiat) currencies.

You transacted from your own wallet qt or from an online wallet or exchange?
Also check your qt transaction fee under options.
Anders
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August 06, 2014, 09:17:09 PM
 #4126

I'm starting to have my doubts. I tested sending a small amount of reddcoins and there was a transaction fee! Angry They said in the official video that there was zero transaction fees. And the idea of proof of stake seems stupid. If you are a big fat 'whale' with a huge amount of coins, the proof of stake method rewards you profusely so that you get even richer. The poor stay poor and the rich get richer. That's the same kind of lopsided wealth distribution we already have with the ordinary (fiat) currencies.

You transacted from your own wallet qt or from an online wallet or exchange?
Also check your qt transaction fee under options.

Local wallet from reddcoin.com. It says Qt version 5.2.0. The wallet wouldn't let me send coins without a fee. The fee was tiny, but it's the principle of fees that I dislike. Maybe fees are needed to prevent misuse with bots and things like that, I don't know.
allcoinminer
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August 06, 2014, 09:19:32 PM
 #4127

I'm starting to have my doubts. I tested sending a small amount of reddcoins and there was a transaction fee! Angry They said in the official video that there was zero transaction fees. And the idea of proof of stake seems stupid. If you are a big fat 'whale' with a huge amount of coins, the proof of stake method rewards you profusely so that you get even richer. The poor stay poor and the rich get richer. That's the same kind of lopsided wealth distribution we already have with the ordinary (fiat) currencies.

You transacted from your own wallet qt or from an online wallet or exchange?
Also check your qt transaction fee under options.

Local wallet from reddcoin.com. It says Qt version 5.2.0. The wallet wouldn't let me send coins without a fee. The fee was tiny, but it's the principle of fees that I dislike. Maybe fees are needed to prevent misuse with bots and things like that, I don't know.

What you are seeing at Settings>Options>Wallet tab?
Anders
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August 06, 2014, 09:22:30 PM
 #4128

I'm starting to have my doubts. I tested sending a small amount of reddcoins and there was a transaction fee! Angry They said in the official video that there was zero transaction fees. And the idea of proof of stake seems stupid. If you are a big fat 'whale' with a huge amount of coins, the proof of stake method rewards you profusely so that you get even richer. The poor stay poor and the rich get richer. That's the same kind of lopsided wealth distribution we already have with the ordinary (fiat) currencies.

You transacted from your own wallet qt or from an online wallet or exchange?
Also check your qt transaction fee under options.

Local wallet from reddcoin.com. It says Qt version 5.2.0. The wallet wouldn't let me send coins without a fee. The fee was tiny, but it's the principle of fees that I dislike. Maybe fees are needed to prevent misuse with bots and things like that, I don't know.

What you are seeing at Settings>Options>Wallet tab?

Pay transaction fee 0.00000000
allcoinminer
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August 06, 2014, 09:25:53 PM
 #4129

I'm starting to have my doubts. I tested sending a small amount of reddcoins and there was a transaction fee! Angry They said in the official video that there was zero transaction fees. And the idea of proof of stake seems stupid. If you are a big fat 'whale' with a huge amount of coins, the proof of stake method rewards you profusely so that you get even richer. The poor stay poor and the rich get richer. That's the same kind of lopsided wealth distribution we already have with the ordinary (fiat) currencies.

You transacted from your own wallet qt or from an online wallet or exchange?
Also check your qt transaction fee under options.

Local wallet from reddcoin.com. It says Qt version 5.2.0. The wallet wouldn't let me send coins without a fee. The fee was tiny, but it's the principle of fees that I dislike. Maybe fees are needed to prevent misuse with bots and things like that, I don't know.

What you are seeing at Settings>Options>Wallet tab?

Pay transaction fee 0.00000000

But I don't have such a problem till 28th.
Not transacted after that.
Give me your transaction is which you paid a transaction fee.
Also, try to send again some coins to any exchange.
Anders
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August 06, 2014, 09:32:38 PM
 #4130


But I don't have such a problem till 28th.
Not transacted after that.
Give me your transaction is which you paid a transaction fee.
Also, try to send again some coins to any exchange.

The wallet still demands a transaction fee. Maybe it's because the amount I test with is so tiny, only 1-10 RDD. And the fee is super tiny, like 0.001 or 0.002 RDD but still it's irritating to have to bother with that. I don't want to post any transaction info.
Anders
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August 06, 2014, 09:45:07 PM
 #4131

I'm also skeptical about the social aspect of Reddcoin. It's supposed to be better than a 'Like' or '+1' and things like that. It will probably only make people who receive tips feel like whores.
ThousandFaces
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August 06, 2014, 09:51:18 PM
 #4132

I'm also skeptical about the social aspect of Reddcoin. It's supposed to be better than a 'Like' or '+1' and things like that. It will probably only make people who receive tips feel like whores.

haha, what!?!?

All those musicians and visual artists trying to start a career will def feel like whores. Not to mention the bloggers trying to compete with large scale media outlets... come on man... dumb statement of the day. I have doubts, mainly because crypto will make one pessimistic, but whores...
q327K091
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August 06, 2014, 10:58:54 PM
 #4133

news on 16 touchdown (so off 5 sat for me, steak and wine could have been  Cool) is not as important as further 5% drop off cryptsy wallet, very nice

people seem not being able to withdraw redds fast enough from there

RfW8ireqDfVTtnyWSkiRQ8VVeM8KbwDht1   2014-08-06 14:47:29   2014-08-06 14:47:29   1            20.51%   5,536,969,388 RDD ($484,863 USD)

sooo.. whats next weeell, might go down to 10 sat of course, then 5 and then 1 (in theory) 0 or also in theory (delisted)

however people are pulling coins out as fast as they can (finally) and run wallets so decentralized network security without mining

see what happens in the next few days , even weeks, I am very optimistic, pull out of exchanges and onto POSv is exactly to avoid exchange manipulations as it is occurring right now

almost half a million dollars is still locked in cryptsy, so in priciple so much can be sold and "fire sale" prices, the same people might go in and sweep the floor and renew the game, so we need to leave to avoid this!

after this craziness is done for (and it will once above address drops to few % points), next phase is to empower dev and community, I keep thinking of these API's not sure if satoshi original API's are sufficient for developers to play with ie in merchant applications ...

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
ThousandFaces
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August 06, 2014, 11:08:22 PM
 #4134

news on 16 touchdown (so off 5 sat for me, steak and wine could have been  Cool) is not as important as further 5% drop off cryptsy wallet, very nice

people seem not being able to withdraw redds fast enough from there

RfW8ireqDfVTtnyWSkiRQ8VVeM8KbwDht1   2014-08-06 14:47:29   2014-08-06 14:47:29   1            20.51%   5,536,969,388 RDD ($484,863 USD)

sooo.. whats next weeell, might go down to 10 sat of course, then 5 and then 1 (in theory) 0 or also in theory (delisted)

however people are pulling coins out as fast as they can (finally) and run wallets so decentralized network security without mining

see what happens in the next few days , even weeks, I am very optimistic, pull out of exchanges and onto POSv is exactly to avoid exchange manipulations as it is occurring right now

almost half a million dollars is still locked in cryptsy, so in priciple so much can be sold and "fire sale" prices, the same people might go in and sweep the floor and renew the game, so we need to leave to avoid this!

I agree. Getting the coins off of Cryptsy is important. I used to love Cryptsy simply because they had such high volume on RDD. But this recent BS has hurt them, and us reddheads very much. I finally got my 10 mill off. We need time for upward correction, But I suspect there will be trading between 13-20 for a few days... Hope I'm wrong and it goes higher...
q327K091
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August 06, 2014, 11:11:47 PM
 #4135

news on 16 touchdown (so off 5 sat for me, steak and wine could have been  Cool) is not as important as further 5% drop off cryptsy wallet, very nice

people seem not being able to withdraw redds fast enough from there

RfW8ireqDfVTtnyWSkiRQ8VVeM8KbwDht1   2014-08-06 14:47:29   2014-08-06 14:47:29   1            20.51%   5,536,969,388 RDD ($484,863 USD)

sooo.. whats next weeell, might go down to 10 sat of course, then 5 and then 1 (in theory) 0 or also in theory (delisted)

however people are pulling coins out as fast as they can (finally) and run wallets so decentralized network security without mining

see what happens in the next few days , even weeks, I am very optimistic, pull out of exchanges and onto POSv is exactly to avoid exchange manipulations as it is occurring right now

almost half a million dollars is still locked in cryptsy, so in priciple so much can be sold and "fire sale" prices, the same people might go in and sweep the floor and renew the game, so we need to leave to avoid this!

I agree. Getting the coins off of Cryptsy is important. I used to love Cryptsy simply because they had such high volume on RDD. But this recent BS has hurt them, and us reddheads very much. I finally got my 10 mill off. We need time for upward correction, But I suspect there will be trading between 13-20 for a few days... Hope I'm wrong and it goes higher...

supposedly "panic" of inability to login to platform caused some of this I don't know who is trading there but many are bait for real sharks out there with psychology tactics that rival CIA  Cool

look , tactics that they have employed (and are employing) could have been, sell at 30 down to 21, wait for situation like this Today depress to 16, cause further panic wait for panic sell to 10 maybe 5, perform major sweep off the floor and hold, so simple buy backs.. forex does this all the time, I dont believe a single person has half a million dollars to play like that, but 50K maybe.. and by doing so one can double profits in very short period of time, so pretty good income and they watch everything carefully, even words I write here

I just dont think redds has been designed for exchange games but was designed to empower social media with a kind of payment system and beyond, so we need leave immediate and leave that person(s) with 50K without anyone to sell to

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
RenegadeMan
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August 06, 2014, 11:13:15 PM
 #4136

news on 16 touchdown (so off 5 sat for me, steak and wine could have been  Cool) is not as important as further 5% drop off cryptsy wallet, very nice

people seem not being able to withdraw redds fast enough from there

RfW8ireqDfVTtnyWSkiRQ8VVeM8KbwDht1   2014-08-06 14:47:29   2014-08-06 14:47:29   1            20.51%   5,536,969,388 RDD ($484,863 USD)

sooo.. whats next weeell, might go down to 10 sat of course, then 5 and then 1 (in theory) 0 or also in theory (delisted)

however people are pulling coins out as fast as they can (finally) and run wallets so decentralized network security without mining

see what happens in the next few days , even weeks, I am very optimistic, pull out of exchanges and onto POSv is exactly to avoid exchange manipulations as it is occurring right now

almost half a million dollars is still locked in cryptsy, so in priciple so much can be sold and "fire sale" prices, the same people might go in and sweep the floor and renew the game, so we need to leave to avoid this!

q327K091 I enjoy your many posts on here. It's an interesting concept, the movement of REDD from the exchanges to people's wallets. I had expected the price to jump temporarily when REDD went PoSV, but it's effectively halved in value. I'm still committed to it though and think the concept is very workable. Once the bulk of coins have moved to wallets and are into the staking cycles I expect things will settle and perhaps there'll be more focus on the coin's ultimate usefulness. Once people are actually tipping and passing value on through social media using REDD it will likely start to really grow in value. This is a long-haul investment.

BTC:   1KjAPEa3WvhmDGT4jmT9i5P3UPFdFH629e
DASH: Xdr6U5qcAdbuKRrr3xKBb1ySoPq7MKERnB
ThousandFaces
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August 06, 2014, 11:19:24 PM
 #4137

news on 16 touchdown (so off 5 sat for me, steak and wine could have been  Cool) is not as important as further 5% drop off cryptsy wallet, very nice

people seem not being able to withdraw redds fast enough from there

RfW8ireqDfVTtnyWSkiRQ8VVeM8KbwDht1   2014-08-06 14:47:29   2014-08-06 14:47:29   1            20.51%   5,536,969,388 RDD ($484,863 USD)

sooo.. whats next weeell, might go down to 10 sat of course, then 5 and then 1 (in theory) 0 or also in theory (delisted)

however people are pulling coins out as fast as they can (finally) and run wallets so decentralized network security without mining

see what happens in the next few days , even weeks, I am very optimistic, pull out of exchanges and onto POSv is exactly to avoid exchange manipulations as it is occurring right now

almost half a million dollars is still locked in cryptsy, so in priciple so much can be sold and "fire sale" prices, the same people might go in and sweep the floor and renew the game, so we need to leave to avoid this!

I agree. Getting the coins off of Cryptsy is important. I used to love Cryptsy simply because they had such high volume on RDD. But this recent BS has hurt them, and us reddheads very much. I finally got my 10 mill off. We need time for upward correction, But I suspect there will be trading between 13-20 for a few days... Hope I'm wrong and it goes higher...

supposedly "panic" of inability to login to platform caused some of this I don't know who is trading there but many are bait for real sharks out there with psychology tactics that rival CIA  Cool

look , tactics that they have employed (and are employing) could have been, sell at 30 down to 21, wait for situation like this Today depress to 16, cause further panic wait for panic sell to 10 maybe 5, perform major sweep off the floor and hold, so simple buy backs.. forex does this all the time, I dont believe a single perso has half a million dollars to play like that, but 50K maybe.. andby doing so one can double profits in very short period of time

I just dont think redds has been designed for exchange games but was designed to empower social media with a kind of payment system and beyond, so we need leave immediate and leave that person(s) with 50K without anyone to sell to

I don't think anyone was panicking over the log in issue. They have put a hold on withdrawals for the last 5 days. In order to withdrawal you had to open a ticket and wait up to 14 hours in some cases... Not sure the hyperbolic CIA analogy applies in this case. Simply put, Cryptsy was unprepared for this and lied about staking.
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August 06, 2014, 11:22:00 PM
 #4138

news on 16 touchdown (so off 5 sat for me, steak and wine could have been  Cool) is not as important as further 5% drop off cryptsy wallet, very nice

people seem not being able to withdraw redds fast enough from there

RfW8ireqDfVTtnyWSkiRQ8VVeM8KbwDht1   2014-08-06 14:47:29   2014-08-06 14:47:29   1            20.51%   5,536,969,388 RDD ($484,863 USD)

sooo.. whats next weeell, might go down to 10 sat of course, then 5 and then 1 (in theory) 0 or also in theory (delisted)

however people are pulling coins out as fast as they can (finally) and run wallets so decentralized network security without mining

see what happens in the next few days , even weeks, I am very optimistic, pull out of exchanges and onto POSv is exactly to avoid exchange manipulations as it is occurring right now

almost half a million dollars is still locked in cryptsy, so in priciple so much can be sold and "fire sale" prices, the same people might go in and sweep the floor and renew the game, so we need to leave to avoid this!

I agree. Getting the coins off of Cryptsy is important. I used to love Cryptsy simply because they had such high volume on RDD. But this recent BS has hurt them, and us reddheads very much. I finally got my 10 mill off. We need time for upward correction, But I suspect there will be trading between 13-20 for a few days... Hope I'm wrong and it goes higher...

supposedly "panic" of inability to login to platform caused some of this I don't know who is trading there but many are bait for real sharks out there with psychology tactics that rival CIA  Cool

look , tactics that they have employed (and are employing) could have been, sell at 30 down to 21, wait for situation like this Today depress to 16, cause further panic wait for panic sell to 10 maybe 5, perform major sweep off the floor and hold, so simple buy backs.. forex does this all the time, I dont believe a single perso has half a million dollars to play like that, but 50K maybe.. andby doing so one can double profits in very short period of time

I just dont think redds has been designed for exchange games but was designed to empower social media with a kind of payment system and beyond, so we need leave immediate and leave that person(s) with 50K without anyone to sell to

I don't think anyone was panicking over the log in issue. They have put a hold on withdrawals for the last 5 days. In order to withdrawal you had to open a ticket and wait up to 14 hours in some cases... Not sure the hyperbolic CIA analogy applies in this case. Simply put, Cryptsy was unprepared for this and lied about staking.

I see.. thank you! it was just something I read on reddit (that I follow also) 14 hours is a very long time and explains a lot,

btw reddcoin and reddit both on redd... just watched a documentary movie on one of the main creators of reddit.. Aaron Swartz , do see it is sad albeit important story

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
q327K091
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August 06, 2014, 11:26:50 PM
 #4139

news on 16 touchdown (so off 5 sat for me, steak and wine could have been  Cool) is not as important as further 5% drop off cryptsy wallet, very nice

people seem not being able to withdraw redds fast enough from there

RfW8ireqDfVTtnyWSkiRQ8VVeM8KbwDht1   2014-08-06 14:47:29   2014-08-06 14:47:29   1            20.51%   5,536,969,388 RDD ($484,863 USD)

sooo.. whats next weeell, might go down to 10 sat of course, then 5 and then 1 (in theory) 0 or also in theory (delisted)

however people are pulling coins out as fast as they can (finally) and run wallets so decentralized network security without mining

see what happens in the next few days , even weeks, I am very optimistic, pull out of exchanges and onto POSv is exactly to avoid exchange manipulations as it is occurring right now

almost half a million dollars is still locked in cryptsy, so in priciple so much can be sold and "fire sale" prices, the same people might go in and sweep the floor and renew the game, so we need to leave to avoid this!

q327K091 I enjoy your many posts on here. It's an interesting concept, the movement of REDD from the exchanges to people's wallets. I had expected the price to jump temporarily when REDD went PoSV, but it's effectively halved in value. I'm still committed to it though and think the concept is very workable. Once the bulk of coins have moved to wallets and are into the staking cycles I expect things will settle and perhaps there'll be more focus on the coin's ultimate usefulness. Once people are actually tipping and passing value on through social media using REDD it will likely start to really grow in value. This is a long-haul investment.

thank you, that is kind of you, some are just pure guesses I compare crypto exchanges as they are Today or how they are structured and operated to Forex market, many traders came from Forex to crypto, realizing potential of swing trades,

Failure of redd would put lot to questioning (at least in my mind) is crypto just to be played like a game on exchanges, like poker with hidden agenda and skilled manipulation and bluff and entertain cryptsy chat goers or is crypto much more than that a larger scope and scale such as you said above...

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
RenegadeMan
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August 06, 2014, 11:51:43 PM
 #4140

thank you, that is kind of you, some are just pure guesses I compare crypto exchanges as they are Today or how they are structured and operated to Forex market, many traders came from Forex to crypto, realizing potential of swing trades,

Failure of redd would put lot to questioning (at least in my mind) is crypto just to be played like a game on exchanges, like poker with hidden agenda and skilled manipulation and bluff and entertain cryptsy chat goers or is crypto much more than that a larger scope and scale such as you said above...

Yes, it is hard to work out much of what goes on. It is unfortunate that the sort of leverage available when a coin is massively pumped and people successfully get out at the top attracts short term traders in the thousands (but of course only a tiny handful reap the big windfalls). The ensuing instability can then completely kill interest from serious investors as it just looks like a casino play. What's important is to see a long term plan from the devs on what their coin is for/why it matters and consistent communication on the progress of moving through the phases and dealing with problems along the way. REDD seems to have most of this so we can but hope this is what it's truly about. If it starts getting used in real-world applications within social media it will catch on.

BTC:   1KjAPEa3WvhmDGT4jmT9i5P3UPFdFH629e
DASH: Xdr6U5qcAdbuKRrr3xKBb1ySoPq7MKERnB
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