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Author Topic: [ANN][RDD] Reddcoin The Social Currency [PoSV] Electrum Wallet 1.0.2  (Read 685797 times)
ThousandFaces
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August 06, 2014, 11:55:39 PM
 #4141

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

No problem.

With regards to Aaron, it's funny you bring him up. Without him, and unfortunately his death, I would've probably never gotten into crypto, at least not this early. I heard of his death and started reading more and more about him, his work, and his case. That led me to follow all sorts of characters and twitter and start using reddit. That led me to read about DPR and BTC and the deepweb. All of that led me here. Aaron is a hero. I hope one day, generations from now, he will be regarded by historians as philosopher of sorts.

Are you referring to the just released film, "The Internet's Boy"? If so, it is in my Vimeo queue...
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August 06, 2014, 11:59:38 PM
 #4142

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.

+1

nice, cool.. off to check my portfolio landscape, I think I am connecting to, like we all do, to important coins  Cool

did a quick scan of cryptsy chatbox, there are people there sitting all hours of day and night just having fun, I am talking back my critique about it, fun is important too, making one small exception and cross posting, a very interesting coin called cryptonite has arrived, with brand new codebase that is always nice, funny part was people were like oo no CPU coin botnets! and developer haha was watching the same day he put together GPU miner (which I used immediately thru the night and scooped +1000 ...) so these are fun parts of the community and developers and people just having fun and many do, have a great night (well is night my time)

 Cool

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
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August 07, 2014, 12:02:59 AM
 #4143

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

No problem.

With regards to Aaron, it's funny you bring him up. Without him, and unfortunately his death, I would've probably never gotten into crypto, at least not this early. I heard of his death and started reading more and more about him, his work, and his case. That led me to follow all sorts of characters and twitter and start using reddit. That led me to read about DPR and BTC and the deepweb. All of that led me here. Aaron is a hero. I hope one day, generations from now, he will be regarded by historians as philosopher of sorts.

Are you referring to the just released film, "The Internet's Boy"? If so, it is in my Vimeo queue...

well said, Aaron wanted a better world... yes "The Internet's Boy" traces his entire life, noticed that parents and his two brothers were smiling during the interview while describing his life how he was growing up, people that he listened to, people that he spoke to, regardless of what happened they truly loved him... enjoy the movie!

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
RenegadeMan
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August 07, 2014, 01:45:52 AM
 #4144

The interest of 5% is not okay. it looks only 15. RDD every 24 hour.
With 6 milj. in wallet. ???Yearly it is about 5.475 is 0.1%
http://litefeather.nl/download/RDD-wallet.png

Somebody understand?

Mmmm....something's not right husky1971. You should be getting far more than that.

By my calculations you've received about 54.1 RDD across three days, so extrapolating that out to a year, if it stays at that rate you'll get around 6587 RDD which (you're right) is about 0.1%

Maybe it will pick up but it's not a good start is it!

BTC:   1KjAPEa3WvhmDGT4jmT9i5P3UPFdFH629e
DASH: Xdr6U5qcAdbuKRrr3xKBb1ySoPq7MKERnB
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August 07, 2014, 03:06:42 AM
 #4145

ok, somehow got the new wallet installed and it minted fine for a few days, then laptop crashed, rebooted, and i get this:

Problem signature:
  Problem Event Name:   APPCRASH
  Application Name:   reddcoin-qt.exe
  Application Version:   1.3.0.0
  Application Timestamp:   533a0180
  Fault Module Name:   reddcoin-qt.exe
  Fault Module Version:   1.3.0.0
  Fault Module Timestamp:   533a0180
  Exception Code:   40000015
  Exception Offset:   00cc6a71
  OS Version:   6.1.7600.2.0.0.768.3
  Locale ID:   1033
  Additional Information 1:   c900
  Additional Information 2:   c900d245fad170737ebee35c005166ea
  Additional Information 3:   9753
  Additional Information 4:   9753bb7df4b18cc9371f5ff086c4187a

Any help is appreciated...

1Lfx2Dv69BUgs5v18LtcLqFYKuiJvhxPYh
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August 07, 2014, 04:28:55 AM
 #4146

The price is taking a beating , more than 50% off in a week. Why the big dump?

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August 07, 2014, 04:42:19 AM
 #4147

I need help...

I was very excited to start staking a few million REDD but am getting a bit frustrated. I placed a couple million coins in my wallet for a couple weeks now and my wallet was upgraded to 3.1.0 the day it came out. Like a kid at Christmas, I watched the "estimated time to earn a reward" go from 5 days, to 4, to 3, to 2 and then 1... where it has been sitting for about 3 days now.

I leave my wallet open all day and everything seems ok but it still says one day. Its getting a bit frustraiting.

Any ideas what to do? Am I blind and doing something wrong? Any assisance would be greatly appreciated.
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August 07, 2014, 04:54:23 AM
 #4148

I need help...

I was very excited to start staking a few million REDD but am getting a bit frustrated. I placed a couple million coins in my wallet for a couple weeks now and my wallet was upgraded to 3.1.0 the day it came out. Like a kid at Christmas, I watched the "estimated time to earn a reward" go from 5 days, to 4, to 3, to 2 and then 1... where it has been sitting for about 3 days now.

I leave my wallet open all day and everything seems ok but it still says one day. Its getting a bit frustraiting.

Any ideas what to do? Am I blind and doing something wrong? Any assisance would be greatly appreciated.


OK, I give up. after 3 days it finally updated... it now says 120169 days.
Any advice here?
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August 07, 2014, 05:28:35 AM
 #4149

I need help...

I was very excited to start staking a few million REDD but am getting a bit frustrated. I placed a couple million coins in my wallet for a couple weeks now and my wallet was upgraded to 3.1.0 the day it came out. Like a kid at Christmas, I watched the "estimated time to earn a reward" go from 5 days, to 4, to 3, to 2 and then 1... where it has been sitting for about 3 days now.

I leave my wallet open all day and everything seems ok but it still says one day. Its getting a bit frustraiting.

Any ideas what to do? Am I blind and doing something wrong? Any assisance would be greatly appreciated.


OK, I give up. after 3 days it finally updated... it now says 120169 days.
Any advice here?

Well, with a few million redd against all the others staking, it'll take some time for you to build up enough weight to stake, the time indicator is only an estimate, just give it a little more time, restart your pc, and hopefully stakes should be coming your way!

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August 07, 2014, 06:50:27 AM
 #4150

why dump again?
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August 07, 2014, 07:02:08 AM
 #4151

why dump again?

massive dump or something. 13 sats

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August 07, 2014, 07:22:25 AM
 #4152

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...

From a larger perspective all jobs are whore business basically. In the future automation will replace jobs so that we be free from having to "earn a living". No. More. Slavery. Baby.

EDIT: Today jobs are of course needed. I wrote about the long term perspective where exponential progress of technology will make the system work for people instead of people working for the system. That's why the social tipping idea feels like something for the 20th century rather than for the 21th century.
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August 07, 2014, 07:23:43 AM
 #4153

why dump again?

massive dump or something. 13 sats

This is marking down. Strong hands accumulate at this time and Stronger hands sell at peak(Distribution).
Weaker hands Sells on low in panic and buy on top in euphoria. Similar to stock selling.
These two cycles goes on and on one by one throwing away the week hands and making strong hands wealthier.
Study the below images as identify where we are and act upon accordingly.











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August 07, 2014, 07:25:53 AM
 #4154

RDD is another miracle.This coin become alive now!
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August 07, 2014, 07:29:13 AM
 #4155

I read on Reddit that big traders (sometimes called whales) buy a lot of altcoins and then there will be an automatic momentum where the smaller traders will cause an upswing of the price, and when the price has reached a certain level the whales sell all their altcoins and buy bitcoins, and the altcoin price drops. The whales keep their wealth in bitcoins and only use altcoins for temporary stunts like that. In this way the altcoin price is being drained.
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August 07, 2014, 07:50:04 AM
 #4156

I read on Reddit that big traders (sometimes called whales) buy a lot of altcoins and then there will be an automatic momentum where the smaller traders will cause an upswing of the price, and when the price has reached a certain level the whales sell all their altcoins and buy bitcoins, and the altcoin price drops. The whales keep their wealth in bitcoins and only use altcoins for temporary stunts like that. In this way the altcoin price is being drained.


That is true but normal, its not applicable in all alt coins. Quality coin with good development team like ReddCoin survives.
Big fishes also spread bad news through medias, forum, artificial chart formations to Markdown as in my above post.
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August 07, 2014, 08:01:46 AM
 #4157

I read on Reddit that big traders (sometimes called whales) buy a lot of altcoins and then there will be an automatic momentum where the smaller traders will cause an upswing of the price, and when the price has reached a certain level the whales sell all their altcoins and buy bitcoins, and the altcoin price drops. The whales keep their wealth in bitcoins and only use altcoins for temporary stunts like that. In this way the altcoin price is being drained.


That is true but normal, its not applicable in all alt coins. Quality coin with good development team like ReddCoin survives.
Big fishes also spread bad news through medias, forum, artificial chart formations to Markdown as in my above post.

Maybe social tipping is a good idea after all. I'm not sure yet. For example a video website could compete with YouTube with a tipping system instead of intrusive ads. I like ads, when they are non-intrusive. YouTube has started with too much intrusive ads that force people to watch the ads for say 20 seconds, and even with ads that interrupt in the middle of a video! A video site with tipping could give content creators a better way of earning money, and then Reddcoin could be an excellent choice.
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August 07, 2014, 08:11:31 AM
 #4158

I read on Reddit that big traders (sometimes called whales) buy a lot of altcoins and then there will be an automatic momentum where the smaller traders will cause an upswing of the price, and when the price has reached a certain level the whales sell all their altcoins and buy bitcoins, and the altcoin price drops. The whales keep their wealth in bitcoins and only use altcoins for temporary stunts like that. In this way the altcoin price is being drained.


That is true but normal, its not applicable in all alt coins. Quality coin with good development team like ReddCoin survives.
Big fishes also spread bad news through medias, forum, artificial chart formations to Markdown as in my above post.

Maybe social tipping is a good idea after all. I'm not sure yet. For example a video website could compete with YouTube with a tipping system instead of intrusive ads. I like ads, when they are non-intrusive. YouTube has started with too much intrusive ads that force people to watch the ads for say 20 seconds, and even with ads that interrupt in the middle of a video! A video site with tipping could give content creators a better way of earning money, and then Reddcoin could be an excellent choice.

Why I love ReddCoin is their business model, it has a good future and their professionalism.
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August 07, 2014, 08:19:38 AM
 #4159

I read on Reddit that big traders (sometimes called whales) buy a lot of altcoins and then there will be an automatic momentum where the smaller traders will cause an upswing of the price, and when the price has reached a certain level the whales sell all their altcoins and buy bitcoins, and the altcoin price drops. The whales keep their wealth in bitcoins and only use altcoins for temporary stunts like that. In this way the altcoin price is being drained.


That is true but normal, its not applicable in all alt coins. Quality coin with good development team like ReddCoin survives.
Big fishes also spread bad news through medias, forum, artificial chart formations to Markdown as in my above post.

Maybe social tipping is a good idea after all. I'm not sure yet. For example a video website could compete with YouTube with a tipping system instead of intrusive ads. I like ads, when they are non-intrusive. YouTube has started with too much intrusive ads that force people to watch the ads for say 20 seconds, and even with ads that interrupt in the middle of a video! A video site with tipping could give content creators a better way of earning money, and then Reddcoin could be an excellent choice.

Why I love ReddCoin is their business model, it has a good future and their professionalism.



I cant see any future if drop under 10 sat.
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August 07, 2014, 08:21:19 AM
 #4160

I read on Reddit that big traders (sometimes called whales) buy a lot of altcoins and then there will be an automatic momentum where the smaller traders will cause an upswing of the price, and when the price has reached a certain level the whales sell all their altcoins and buy bitcoins, and the altcoin price drops. The whales keep their wealth in bitcoins and only use altcoins for temporary stunts like that. In this way the altcoin price is being drained.


That is true but normal, its not applicable in all alt coins. Quality coin with good development team like ReddCoin survives.
Big fishes also spread bad news through medias, forum, artificial chart formations to Markdown as in my above post.

Maybe social tipping is a good idea after all. I'm not sure yet. For example a video website could compete with YouTube with a tipping system instead of intrusive ads. I like ads, when they are non-intrusive. YouTube has started with too much intrusive ads that force people to watch the ads for say 20 seconds, and even with ads that interrupt in the middle of a video! A video site with tipping could give content creators a better way of earning money, and then Reddcoin could be an excellent choice.

Why I love ReddCoin is their business model, it has a good future and their professionalism.



I cant see any future if drop under 10 sat.


I'm not arguing, but post solid the reasons when you fix a statement.
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