sussex
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March 15, 2014, 12:06:01 AM |
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6.64 BTC volume in the first hour of trading. Prices at 0.0021 and rising. Hashrates have new peak at 560 MH/S.
Diff is rocketing now.
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splawik21
Legendary
Offline
Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
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March 15, 2014, 12:14:36 AM |
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6.64 BTC volume in the first hour of trading. Prices at 0.0021 and rising. Hashrates have new peak at 560 MH/S.
Diff is rocketing now. AIR 600MHs 16,75 diff - RECORD !!!
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BE SMART, USE DASH ( ͡° ͜ʖ ͡°)
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Cryptosapiens
Full Member
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Activity: 266
Merit: 100
“A fool and his money are soon parted”
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March 15, 2014, 12:21:14 AM |
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I regret not having enough BTC to buy more AIR, have a feeling this is going to be the lowest price for a long time.
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aatom
Newbie
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Activity: 14
Merit: 0
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March 15, 2014, 12:36:04 AM |
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dasource
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March 15, 2014, 12:38:48 AM |
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Have faith.... first half/full day is always going to be tricky with ups and downs... also it may take the dev and his team a day or so to perfect the trading...
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^ I am with STUPID!
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AIRcoin (OP)
Member
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Activity: 70
Merit: 10
AIRcoin Alexander
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March 15, 2014, 12:40:51 AM |
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Someone, not our team, dumped an amount of AIR quickly. Prices are stabilizing now, and our algorithms are actually working to help close the massive buy/sell spread now so people can continue to trade the coin. Prices have returned to about .0015. This is how we are preventing massive dumps or pumps.
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mushroomfour9
Newbie
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Activity: 54
Merit: 0
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March 15, 2014, 12:41:13 AM |
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get it on coinmarketcap.com and to another exchange. Poloniex always ruins new coins it seems like.
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kache
Full Member
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Activity: 140
Merit: 100
Bored
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March 15, 2014, 12:48:25 AM |
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Someone, not our team, dumped an amount of AIR quickly. Prices are stabilizing now, and our algorithms are actually working to help close the massive buy/sell spread now so people can continue to trade the coin. Prices have returned to about .0015. This is how we are preventing massive dumps or pumps. I guess all the whale miners dumped their coins, so from now on price should be only going up.
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UrsaMajorisBeta
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March 15, 2014, 12:55:07 AM |
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W o w. That's what i have to say. I'm glad i was able to grab a few coins before being impossible to mine with less than 1 mh/s! I hope a great future for AIR!
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sussex
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March 15, 2014, 01:00:35 AM |
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Diff now estimated 20+
First time I've considered switching my miners to another coin for days.......
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CryptoKiller
Newbie
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Activity: 56
Merit: 0
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March 15, 2014, 01:06:34 AM |
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Diff now estimated 20+
First time I've considered switching my miners to another coin for days.......
Agreed. Not sure why people are dumping so low either. 0.0085 per MH/s at this diff.
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mushroomfour9
Newbie
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Activity: 54
Merit: 0
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March 15, 2014, 01:07:07 AM |
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i dont see why miners dump so early,the price could have gone way up if they didnt dump so soon
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sussex
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March 15, 2014, 01:09:56 AM |
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i dont see why miners dump so early,the price could have gone way up if they didnt dump so soon
It's most miners mentality to convert to BTC ASAP, they are mostly a simple lot - I suspect they were expecting an early crash too, which hasn't happened. Hopefully, the less intellectually endowed (ie: the ones who didn't read the thread) have been dispensed with now, leaving more serious and less fractious traders on the market.
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portice
Legendary
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Activity: 999
Merit: 1000
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March 15, 2014, 01:15:08 AM |
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i dont see why miners dump so early,the price could have gone way up if they didnt dump so soon
Because they made money
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andyatcrux
Legendary
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Activity: 938
Merit: 1000
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March 15, 2014, 01:25:13 AM |
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Damn, I missed the fire sale. Well, picked up some at .0015. That is probably a good deal to supplement the couple hundred I mined.
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rew74dse
Newbie
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March 15, 2014, 01:28:37 AM |
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Looking forward the AIRcion
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AIRcoin Proteus
Newbie
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Merit: 0
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March 15, 2014, 01:36:09 AM |
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i dont see why miners dump so early,the price could have gone way up if they didnt dump so soon
Proteus here, There will be dumpers. But we are (and have been) ready and waiting. So far this initial pump and dump period isn't looking too crazy. Big thanks to the informed traders/miners/investors educating others as to the nature of AIRcoin on Poloniex. The coin will survive the pumpers and dumpers, and from there it looks like clear skies. -- Lead Technical Developer
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forzendiablo
Legendary
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Activity: 1526
Merit: 1000
the grandpa of cryptos
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March 15, 2014, 01:36:29 AM |
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moving from http://sun.pitythepool.com/ to air.pitythepool.com for a bit SUn and AIR both rock!
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yolo
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AIRcoin Proteus
Newbie
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March 15, 2014, 01:50:39 AM Last edit: March 15, 2014, 02:06:25 AM by AIRcoin Proteus |
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Two questions. 1) What time zone are you in.
2) What kind of media coverage are you looking to secure?
Primarily blogs and web articles about the coin, and the release of a script of a Q and A with Alexander by a reporter will be distributed as well. Are there any plans to sell some of the pre-mine at launch of an exchange or are you going to rely on the coins mined so far to determine market value by the miners selling them?
I asked a related question on the sub-reddit but still waiting for a reply there so might post it here too. My understanding is most of the pre-mine goes towards this investment pool used for trading. Do you need to sell AIR for BTC from this pool to fund the trading or will there be AIR trading pairs established by the exchanges or will there be some initial seed funding used for early trading?
The AIR will be converted to BTC or LTC (depending on available markets) to trade this investment pool, and then converted back to AIR when the pool grows, to raise the exchange rate or to counteract dumps. This is the primary way we stabilize the exchange rate. The pool allows us to leverage gains with this large volume. A 1% gain on a pool of 50,000 AIR equivalent allows us to counteract a 10% price fall in a market depth of 5,000 AIR, for example. That's not really what I expected to hear. Basically means just another premine dump by the devs... No, it may be a "premine dump" to raise BTC capital but they plan to reinvest it for the coin's benifit. THAT is not like most previous coins. It's just a matter of faith at this point in time. They have a plan, they are following through with it and they are keeping us in the loop. What more can we ask? It's the 12 hour, you are either onboard or not, strap in or move back cuz it's about to launch. My question is down the road from the exchange launch will there be an aggressive campaign or strategy to add services,stores etc that accept aircoin? Most certainly, if I have anything to say about it (and I do, being the lead technical programmer) this coin will be aggressively expanding the developer pool (part of the AIA, as outlined in the whitepaper) to really make high-impacting decisions as a GROUP on the future of crypto-currency code in general. Yes, we are VERY much working to expand to real world application of the currency, and could use any help in that regard our users hope to offer. Developer, speculator, economist, trader, user and or crypto-currency enthusiast, no matter what you classify yourself as, if you know someone who could help realize Team AIRcoin's ideals and is okay working over the web with some intelligent, experienced, ambitious individuals (I at least enjoy working with them and have observed these qualities), get them in contact with us. Launching is just the beginning people, we have some work to do if we seriously want to implement these changes in the real world. TIP: AIR is just starting to move on Poloniex, btw. EDIT: I almost forgot to mention the community: well spoken, thoughtful, and interested in a long term solution to some of the ills facing crypto-currency adoption, even if they have to accept going against norms in developer-user crytpo-currency management (I personally see this as progressive). -- Lead Technical Developer
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