[ANN] AIRcoin

[adhitthana]

It is a very sweet model, seems almost unfair really.

I just wonder how many of these operations the market will be able to bear. there is a very low barrier to entry.
An announcement out today from digitalBTC.

Further, digitalBTC will undertake Bitcoin trading activities for the account of CloudHashing.com through digitalBTC’s
existing trading operations – digitalBTC’s established trading desk trades Bitcoins over multiple exchanges taking
advantage of arbitrage and futures markets as well as implementing daily long/short strategies to create trading returns.

There must be a limit to how many trading firms can be sustained, and how much they can grow, particularly if they are all looking to benefit from mispricings and sell pumps and buy dumps.

I think also there is a big difference between strategies and algo's that work in deeper more liquid markets and ones which might possibly work with crypto markets. And we saw evidence of this already.

That said, I wish Teamair good luck. I am holding some but I'm certainly not a long term holder yet.

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[Joerii]

If anyone is looking to dump some AIR, please feel free to dump into my buywall ! Thanks !

[Sprite160]

I did have a worker in my pool that was submitting at one point close to 300% invalid shares. I tried to email this user, no response, disabled his workers until I get a response from him. Fortunately he had his payout set low, and the account has less that .1 AIR in it. I will wait to hear from him.

Hmmm. Shortly after I disabled this worker, We are being DDOSed...hard.. Looks like from China... If there are any legitimate users on air.carbonshark.com that cannot connect, please send me a PM with your IP range so that I can include your range in the allow list.

Stratum server still up mining continuing. Website will be up shortly.

[CryptoKiller]

there goes the 0.002 wall Total buy orders also increasing.

[AIRcoin Proteus]

there goes the 0.002 wall Total buy orders also increasing.

If I'm not mistaken, the Trollbox on Poloniex is giving some serious consideration to AIR right now.  Everyone out there doing serious work for AIR, GOOD JOB.  Just showing them the bitcointalk thread analysis and telling them about the Dev team is eliciting some good responses.  I see you  scottlilo and sly!

[niothor]

there goes the 0.002 wall Total buy orders also increasing.

If I'm not mistaken, the Trollbox on Poloniex is giving some serious consideration to AIR right now.  Everyone out there doing serious work for AIR, GOOD JOB.  Just showing them the bitcointalk thread analysis and telling them about the Dev team is eliciting some good responses.  I see you  scottlilo and sly!

Friendly advice , don't lurk too much around the trollbox , I can't read what's going there for more than 5 minute.
It's something like btc-e x2.

[anonymousxx1503]

there goes the 0.002 wall Total buy orders also increasing.

If I'm not mistaken, the Trollbox on Poloniex is giving some serious consideration to AIR right now.  Everyone out there doing serious work for AIR, GOOD JOB.  Just showing them the bitcointalk thread analysis and telling them about the Dev team is eliciting some good responses.  I see you  scottlilo and sly!

Yeah it's quite the discussion. People seem to think like I do, once coinmarketcap lists the coin it will gather lots of interest. If you guys let the coin rise by not putting up too many sells of your coins at first, it will go viral.

[Cohle]

I hold a paltry amount of AIR but I'm hoping for a rise soon to recoup some losses elsewhere.

I understand algos will kick in to stabilise growth but where will that floor be established over the next few days if the coin does gain some traction?

Interesting concept. Hope it works well.




Suffocating on altcoins - AIR needed:
AGvVMrCpCyPDWHgENSD3AzrLrUUxrpRqhC  

[scottlilo]

If I'm not mistaken, the Trollbox on Poloniex is giving some serious consideration to AIR right now.  Everyone out there doing serious work for AIR, GOOD JOB.  Just showing them the bitcointalk thread analysis and telling them about the Dev team is eliciting some good responses.  I see you  scottlilo and sly!

People just need to be educated about air! The documents you guys provided will do wonders when people give them an honest look. Just trying to raise awareness! Glad a team member noticed!

 Many people try trolling AIRcoin in favor of other coins, but they go silent once I express the professionalism and transparency of the team, as well as link to the documents and they go silent...

Making lots of progress! Buy walls doubled today and already over .002!! Great job!

[Sprite160]

I did have a worker in my pool that was submitting at one point close to 300% invalid shares. I tried to email this user, no response, disabled his workers until I get a response from him. Fortunately he had his payout set low, and the account has less that .1 AIR in it. I will wait to hear from him.

Hmmm. Shortly after I disabled this worker, We are being DDOSed...hard.. Looks like from China... If there are any legitimate users on air.carbonshark.com that cannot connect, please send me a PM with your IP range so that I can include your range in the allow list.

Stratum server still up mining continuing. Website will be up shortly.

air.carbonshark.com  Web interface back online.

My apologies for the inconvenience.

[slyA]

there goes the 0.002 wall Total buy orders also increasing.

If I'm not mistaken, the Trollbox on Poloniex is giving some serious consideration to AIR right now.  Everyone out there doing serious work for AIR, GOOD JOB.  Just showing them the bitcointalk thread analysis and telling them about the Dev team is eliciting some good responses.  I see you  scottlilo and sly!

Yeah it's quite the discussion. People seem to think like I do, once coinmarketcap lists the coin it will gather lots of interest. If you guys let the coin rise by not putting up too many sells of your coins at first, it will go viral.

Oi mates. I did my own research and I'm glad to be here. I believe the model for AIR is sound but at the same time I need the devs to consier going public instead of being anonymous. You have a bulk of the premine which makes up a shit ton of coins out now. Even if it means procuring a public ledger that way people can see the logistics of your investment pool and algorithm.

Again I am intrigued by this coin and put my money where my mouth is but you should also know that I'm not the only one expressing the fears of intense dev monopoly and manipulation. It is a valid concern. Even if you're not comfy showing ledgers, at least show yourselves. Let us know the men we are trusting not to probe our prostates. The anonimity might scare investors if this explodes.

Also cheers anonymousxx1503 first coin I'm seeing you in outside Dark.

[username here]

there goes the 0.002 wall Total buy orders also increasing.

If I'm not mistaken, the Trollbox on Poloniex is giving some serious consideration to AIR right now.  Everyone out there doing serious work for AIR, GOOD JOB.  Just showing them the bitcointalk thread analysis and telling them about the Dev team is eliciting some good responses.  I see you  scottlilo and sly!

Yeah it's quite the discussion. People seem to think like I do, once coinmarketcap lists the coin it will gather lots of interest. If you guys let the coin rise by not putting up too many sells of your coins at first, it will go viral.

They will sell right into it.  They don't want it to go viral, they want to keep it steady and rise it over time.

[username here]

We have a new release, as promised. AIRcoin: The First 24 Hours. This post outlines out approach, troubles, solutions, and plans for the future in the development of AIRcoin.

Read it on our Documents Page: http://teamaircoin.org/docs/
Direct Link PDF: AIRcoin: The First 24 Hours

It puts some hard data to the Investment Pool, and gives a simple, organized explanation of how it works, and explains why AIR is more profitable to mine than SPA, or any other scrypt coin listed on coinwarz right now, and through that, interestingly enough, it explains very well the exact discussion about mining difficulty that is going on in this thread. Soon following this, we will have a revised version of the whitepaper to spread as well, that will explain even more complex phenomena.

This release is also the start of an AIRcoin community project: Expand the Atmosphere. We are sponsoring media coverage, and while we pursue major locations, we want the users of AIRcoin to spread the word through every social network. Show them the documents,  ask them to read them and look at the website, if they understand our coin, they'll do what they want to. But we need the world to know about AIRcoin, now that we are operational. Rewards will be offered for exceptional results, to help support our community

This will involve an improvement to our Reddit, Forums, Website, and other presences online as well. We have contacted CoinMarketCap to get AIRcoin listed, as well as the following groups:

Cryptocoin News
Cryptocoin Updates
Crypto-Source
Altcoin Weekly
Coindesk
Altcoin Fever
Bitcoin Magazine
Altcointoday

We want you guys to be very vocal and direct with us in how we expand from here on. The best way to get people interested in AIRcoin? Ask them: "What do you think of this coin?" Get feedback, criticism, discuss it with them, and through expanding our userbase, hopefully we'll also learn something new.

If any of you haven't read this, you are doing yourself a disservice.

[coinme.info]

I hold a paltry amount of AIR but I'm hoping for a rise soon to recoup some losses elsewhere.

I understand algos will kick in to stabilise growth but where will that floor be established over the next few days if the coin does gain some traction?

Interesting concept. Hope it works well.

Suffocating on altcoins - AIR needed:
AGvVMrCpCyPDWHgENSD3AzrLrUUxrpRqhC  

Just sent you a blocks worth. Hold it for a while and it should balance out your losses.

Been there done that myself!

[Cohle]

I hold a paltry amount of AIR but I'm hoping for a rise soon to recoup some losses elsewhere.

I understand algos will kick in to stabilise growth but where will that floor be established over the next few days if the coin does gain some traction?

Interesting concept. Hope it works well.

Suffocating on altcoins - AIR needed:
AGvVMrCpCyPDWHgENSD3AzrLrUUxrpRqhC  

Just sent you a blocks worth. Hold it for a while and it should balance out your losses.

Been there done that myself!

Haha. Awesome gesture. Thanks man! I'll pay it forward when I recover from this slump.

[coinme.info]

I hold a paltry amount of AIR but I'm hoping for a rise soon to recoup some losses elsewhere.

I understand algos will kick in to stabilise growth but where will that floor be established over the next few days if the coin does gain some traction?

Interesting concept. Hope it works well.

Suffocating on altcoins - AIR needed:
AGvVMrCpCyPDWHgENSD3AzrLrUUxrpRqhC  

Just sent you a blocks worth. Hold it for a while and it should balance out your losses.

Been there done that myself!

Haha. Awesome gesture. Thanks man! I'll pay it forward when I recover from this slump.

Pay It Forward..! Love it.

[adhitthana]

Many people try trolling AIRcoin in favor of other coins, but they go silent once I express the professionalism and transparency of the team,

What do you find transparent about this project. One of the criticisms I have voiced, and others, is the lack of transparency. But maybe you're seeing something I missed. Can you elaborate?
Thanks

[coinme.info]

Many people try trolling AIRcoin in favor of other coins, but they go silent once I express the professionalism and transparency of the team,

What do you find transparent about this project. One of the criticisms I have voiced, and others, is the lack of transparency. But maybe you're seeing something I missed. Can you elaborate?
Thanks

Trust?

[Joerii]

The transparency I really like so far is in-dept explanation on how the trading algorithms and manual trades from the team are being executed.
Of course, we have to remain a healthy level of scepticism, but for now I give them the benefit of the doubt !

I'm slowly trusting them a bit more and am translating that in putting up buy walls to support price and , off course , buy more coins

One big issue that I think remains is this :

Who exactly controls the premine ? Only Alexander ? A few members of the team ?

It would make me feel much better knowing that some kind of multi-signature escrow is in place for larger withdrawals from the premine wallets.
In a previous coin I was involved with ( the hint is in my avatar ) it turned out that only one person had acces to the entire premine. That person then rationalized selling the premine because he "needed the money to pay hosting bills".

When only one person is accountable for a large amount of money... Well, that's where I agree strongest with TheMightyX... Human nature is not to be trusted.

[eva123]

pitythepool is down. Rigs looks like mining accepting shares, etc., but the web platform is down. Does someone have some information about that?