[ANN][RDD] Reddcoin The Social Currency [PoSV] Electrum Wallet 1.0.2

[hadi]

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 can see the first person who has 7 bilj. sold already 3 bilj. He was the first place blockexpr. I think he gone sells all his coins. I follow the blockexplorer from 2 aug.

if they sell all of them,we will see 3 sat agaiin !!!!

[allcoinminer]

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 can see the first person who has 7 bilj. sold already 3 bilj. He was the first place blockexpr. I think he gone sells all his coins. I follow the blockexplorer from 2 aug.

if they sell all of them,we will see 3 sat agaiin !!!!

Selling is not a one side activity. Selling means someone is buying.
If a coin or asset is going to be burst there will be zero buyers and a huge column of sellers.
Market will be very very illiquid. These are the signs of a dump coin.
But look at Reddcoin, Market is heavily liquid. A lot of buy orders to chew all panic selling.
After all look at the Reddit community support. See members posts here.
You cannot see such things like in a dump coin here.

[ycz]

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 can see the first person who has 7 bilj. sold already 3 bilj. He was the first place blockexpr. I think he gone sells all his coins. I follow the blockexplorer from 2 aug.

if they sell all of them,we will see 3 sat agaiin !!!!

Selling is not a one side activity. Selling means someone is buying.
If a coin or asset is going to be burst there will be zero buyers and a huge column of sellers.
Market will be very very illiquid. These are the signs of a dump coin.
But look at Reddcoin, Market is heavily liquid. A lot of buy orders to chew all panic selling.
After all look at the Reddit community support. See members posts here.
You cannot see such things like in a dump coin here.

Agreed.

We can also observe that the price is growing steadily slowly.

I guess that's a whale who is disappointed and would like to cash out for the next target.

[allcoinminer]

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 can see the first person who has 7 bilj. sold already 3 bilj. He was the first place blockexpr. I think he gone sells all his coins. I follow the blockexplorer from 2 aug.

if they sell all of them,we will see 3 sat agaiin !!!!

Selling is not a one side activity. Selling means someone is buying.
If a coin or asset is going to be burst there will be zero buyers and a huge column of sellers.
Market will be very very illiquid. These are the signs of a dump coin.
But look at Reddcoin, Market is heavily liquid. A lot of buy orders to chew all panic selling.
After all look at the Reddit community support. See members posts here.
You cannot see such things like in a dump coin here.

Agreed.

We can also observe that the price is growing steadily slowly.

I guess that's a whale who is disappointed and would like to cash out for the next target.

For making down price and accumulate at lows,
Big fishes create a lot of panic waves. Most weaker hands will end up as their feeds.

[hadi]

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 can see the first person who has 7 bilj. sold already 3 bilj. He was the first place blockexpr. I think he gone sells all his coins. I follow the blockexplorer from 2 aug.

if they sell all of them,we will see 3 sat agaiin !!!!

Selling is not a one side activity. Selling means someone is buying.
If a coin or asset is going to be burst there will be zero buyers and a huge column of sellers.
Market will be very very illiquid. These are the signs of a dump coin.
But look at Reddcoin, Market is heavily liquid. A lot of buy orders to chew all panic selling.
After all look at the Reddit community support. See members posts here.
You cannot see such things like in a dump coin here.

they sell very cheap and try to dump ...

[Limpuls]

Why this coin wallet is crashing? The same time when I'm trying to enscrypt wallet, it gets crashed

[dandruff1138]

Why this coin wallet is crashing? The same time when I'm trying to enscrypt wallet, it gets crashed

There is a whale who dumped half his/her investment (3 billion or something around there) must have needed to fund a vacation or something.

[Limpuls]

Why this coin wallet is crashing? The same time when I'm trying to enscrypt wallet, it gets crashed

There is a whale who dumped half his/her investment (3 billion or something around there) must have needed to fund a vacation or something.

OMG, hope he/she knows what are doing, coz this coin feature is in his/her hands. BTW wallet is crashing then going to keep RDD in criptsy while this will be fixed.

[allcoinminer]

Why this coin wallet is crashing? The same time when I'm trying to enscrypt wallet, it gets crashed

There is a whale who dumped half his/her investment (3 billion or something around there) must have needed to fund a vacation or something.

IPO price for early investors was 0.00000003 So at these prices too those who got those coins are in huge profit.
http://www.reddcoin.com/ipo-result
Also let you all know that there is no serious amount of selling is happening in Reddcoin.
But a lot of accumulation is seen in the charts. As assumed its a straight markdown before the price movement towards up.
This phase will continue for some days or a few weeks normally.
We can see many weaker hands panic an selling on falls in the coming days.
Will post a technical chart of Reddcoin soon.

[jaipagare]

I'm starting to have my doubts. I tested sending a small amount of reddcoins and there was a transaction fee! 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.

Amount of RDD does matters' although rich people will get rich only by 5% STAKE of the coin that they are holding.

[Triffin]

Amount of RDD does matters' although rich people will get rich only by 5% STAKE of the coin that they are holding.

5% stake doesn't matter when the coin is losing more than the stake % on a daily basis ..

Triff ..

[compumine]

Is it worth it to hold on to my coins or should I sell??  I can't figure out what is happening with this coin.  I could use some expert opinions.

[dandruff1138]

Is it worth it to hold on to my coins or should I sell??  I can't figure out what is happening with this coin.  I could use some expert opinions.

I would hold and here is why. The lead developer is on vacation. Other developers are working to release some cool things like the social wallet etc... I think once the lead developer returns in a few days he is going to make his "Social X" announcement. Also now that confirmations on exchanges has been reduced move your coins into your wallet and start staking to get free coins!

[jaipagare]

Is it worth it to hold on to my coins or should I sell??  I can't figure out what is happening with this coin.  I could use some expert opinions.

RDD is something which would be strategically accepted by Social Media in future; RDD has good plans, outstanding developers behind project and supporting community.
Every coins has good and bad mouth; think wisely. Price unbalance is acceptable.

If you wish to keep in touch yourself connected to RDD Freenode chat window.

[allcoinminer]

Is it worth it to hold on to my coins or should I sell??  I can't figure out what is happening with this coin.  I could use some expert opinions.

Those who are confused are members who are not active in reddit and irc.
If you go to Reddit and see what Redd and its support is will never post these kinds of silly panicked messages.
If any one is feared about the future of the Reddcoin and trust in it can just got to an exchange and sell off your coins.
Buy Reddcoin when you have confidence like any other business. Learn before investing.
Invest what you can afford if lost.

[MadGhost]

Is it worth it to hold on to my coins or should I sell??  I can't figure out what is happening with this coin.  I could use some expert opinions.

if you need to pay your bills then sell otherwise hold.

[snowcrawl]

Hi, I'm interested in this coin and have a question what is the best exchange to buy RDD? How I know mintpal isn't best anymore? I haven't bought coins for 1month so don't know what is happening now.

Also notice that Bittrex, one of the main exchanges for Reddcoin has either been down or had functionality reduced for exchanging Reddcoin ever since PoSV got up and running.  Bittrex just restored the ability to deposit and withdraw reddcoin a few minutes ago.

[youseeberkeley]

New wallet update is here!  Almost time for the social tipping platform to be implemented!(:


http://www.reddit.com/r/reddCoin/comments/2cva3k/im_proud_to_announce_the_release_of_the_social/

[q327K091]

top RDD address (crypsty) just got down to under 18% (was at ~ 27% when I first looked)

RiCqj4XiVYMbyZrACpZhx8veBApK2yMyx1   2014-08-06 16:51:50   2014-08-06 16:51:50   1            17.92%   4,836,969,388 RDD ($450,755 USD)

excellent lads, watch correlation between this information and market manipulation

this still represents a bit less off half a million dollars, can't break down individual addresses above, if this would be possible you could calculate risk of sellout (if such was to occur, and there is 0 guarantee of that, someone is probing if a rebound can happen afterwords, but even this is not necessary if a person(s) bought at let's say 5 and sold it at 10) Redd has one of closest possible profit margins I have seen, but size of the profit is getting smaller and smaller, would love to know a single largest address in above, what it is its amount, is it 1/2 more ? trace that to first transaction and you can calculate profit margin

next I am trying social wallet for the first time   these developments are by far more important to me and should be to you as well

[dandruff1138]

top RDD address (crypsty) just got down to under 18% (was at ~ 27% when I first looked)

RiCqj4XiVYMbyZrACpZhx8veBApK2yMyx1   2014-08-06 16:51:50   2014-08-06 16:51:50   1            17.92%   4,836,969,388 RDD ($450,755 USD)

excellent lads, watch correlation between this information and market manipulation

this still represents a bit less off half a million dollars, can't break down above, if this would be possible you could calculate risk of sellout (if such was to occur, and there is 0 guarantee of that, someone is probing if a rebound can happen afterwords)

next I am trying social wallet for the first time 

man wish I had 10% of that!