[ANN] AIRcoin

[ISAWHIM]

Human nature is not to be trusted.

Nature is not to be trusted. Humans are just an accessory to nature.

[niothor]

Human nature is not to be trusted.

Nature is not to be trusted. Humans are just an accessory to nature.

We have evolved (if you can say that) far from that. But not in a good way

[Jrubensson]

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

Try out air.cryptopool.eu, works like a charm!

[okaypool]

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

http://air.okaypool.com  is up

[albertdros]

A note on the market:

For the entirety of today, there has been a struggle against the large sell wall at .002 AIR/BTC. There is the highest level of demand since our launch right now, as measured by the strength and weight of the buy orders but it will take hours or days to break through the 500~1000 AIR barriers keeping the price below that. You can see that in the 2hr charts:



Without that large sell wall, the price would have begun rising past .002 easily earlier, and instead it has bounced off. The wall was broken down, but it keeps being replenished. I believe part of this wall is residual from the initial dump (where prices spiked down for the first time). The second dump (where prices hit their lowest yesterday) has already been completely recovered from.

One theory is that someone does not want AIRcoin's price to reach $1.30 USD/AIR, as it would make the market capitalization come very close to overrunning Megacoin in market capitalization. The other theory is that, at .002, most coins mined at peak hashrates (difficulty over 22) right before the launch would no longer be profitable to sell any lower, making that the lowest reasonable price for them to sell at. Either way, There is definite support behind the coin, but it may take us a few days to "tear down the wall" so to say, and the price will continue to bounce between .0015 and .002 until that happens.

This indicates, as some of you have said, buying any coin below .002 is indeed a "bargain".

Once the price breaks free of .002 and begins to rise, the investment pool's size should be (depending on what the average buy price before that point has been, right now I'd estimate it at close to .0017 or lower) worth about 9 BTC, marking another 50% gain.

Ok. I'll admit it. The first dump was me, testing how  the team would respond. I was not disapointed
The current sell wall is not mine.

that dump of 4k coins? Thanks for that. I picked up 350 for 0.0007

[Mortimer452]

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

Yes, PityThePool is under intense DDOS attacks yet again, specifically targeting the AIRcoin pool.  They have been on and off for weeks now and are again reaching magnitudes large enough that there's really no protection against it.

Stratum is up so your miners should stay connected, but the web interface is going to be intermittent until things slow back down.  Payout crons will continue running normally.

[splawik21]

OMG !!!!

Next target diff 33

the price will fly to 0.0025 easly

[Sprite160]

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

Yes, PityThePool is under intense DDOS attacks yet again, specifically targeting the AIRcoin pool.  They have been on and off for weeks now and are again reaching magnitudes large enough that there's really no protection against it.

Stratum is up so your miners should stay connected, but the web interface is going to be intermittent until things slow back down.  Payout crons will continue running normally.

We had to deal with this earlier at air.carbonshark.com . I guess they are just going to bounce from pool to pool trying to drive miners to their own pools. We learn a bit about them during the attack. And yes, it seems like a fairly substantial DDOS attack. Mining does continue.

[albertdros]

cryptopool.eu frontend down?

seems extremely slow. DOSSED too?

[Turpomann]

OMG !!!!

Next target diff 33

the price will fly to 0.0025 easly

Hope so.

If not, then miners leave again, because it's not profitable, net hashrate drops to 500Mh/s and price goes down to 0015 again. Price don't follow difficulty curve fast enough. It's a vicious cycle.

KGW was seen as the solution for many coins, but I think it's the main problem here. It's too aggressive and not working for the favor of the coin.

[sussex]

There's been a couple of p&d's over the last few hours that seem to have been stopped in their tracks, looks like the math is working.

Buys also going up while sells fall and just a few small'ish walls on the sell side. Looking good.

Also, the graph does look strange, is that the algorithm working or just an effect of the new candles on the site?

[Kreativekrypto]

Maybe I'm too trusting but from one dev to team Air, I'm very impressed with what you're doing here. We have a nice team on Einsteinium, but controlling wide price fluctuations is always an issue for nearly every currency. I'm going to be following the coin for a bit, as the financial fundamentals could be partially adopted for EMC2. For donations to science it would be much easier to predict the value and relay that to our chosen charities with a similar model.

Imitation is the sincerest form of flattery, well played Aircoin.

[luke997]

Nice growth with a decent volume in the last 12-18h looks like I made a good choice buying more @0.0016.

Despite few small dumps price and hash rate is going up, looks like the all is working very well.

No significant sell walls and major asks going up...

[sussex]

Maybe I'm too trusting but from one dev to team Air, I'm very impressed with what you're doing here. We have a nice team on Einsteinium, but controlling wide price fluctuations is always an issue for nearly every currency. I'm going to be following the coin for a bit, as the financial fundamentals could be partially adopted for EMC2. For donations to science it would be much easier to predict the value and relay that to our chosen charities with a similar model.

Imitation is the sincerest form of flattery, well played Aircoin.

Just to flatter you in return, EMC2 has been my second mining choice for some time now 

[exterzyn]

cryptopool.eu frontend down?

seems extremely slow. DOSSED too?

http://air.cryptopool.eu works for me even if it is slow.

[fabula]

Working good now. Sometimes slow down but nothing to worry for now

[fabula]

Dev says 5% profit every week(in home page of theyr website)....we will see.
Mining them for a week,if nothing happen,going to another crypto.

Price from last 2 days don't have grow. Some pump and dump, but still on same quote, and difficulty is encrease. So.....what's up?

More difficulty to mine and price fall?  Normally is the opposite.

[watercool]

I thinl I like the AIRcoin

[fabula]

Contributor Hashrates
Rank    Donor    User Name    KH/s    AIR/Day    USD/Day
1       lauron    38,630    113.711    2,082.0484
2       xsj125t    24,047    70.787    1,296.1100
3       brother3    13,845    40.754    746.2057
4       ithd    12,167    35.815    655.7727


lauron make 2.082,0484 usd per day?
LOL i suggest airpool to correct thoose fake value! they're not real.

[CryptoKiller]

Contributor Hashrates
Rank    Donor    User Name    KH/s    AIR/Day    USD/Day
1       lauron    38,630    113.711    2,082.0484
2       xsj125t    24,047    70.787    1,296.1100
3       brother3    13,845    40.754    746.2057
4       ithd    12,167    35.815    655.7727


lauron make 2.082,0484 usd per day?
LOL i suggest airpool to correct thoose fake value! they're not real.

It's basing the USD/Day on Litecoin prices. Just ignore them.