Rent_a_Ray
Legendary
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Activity: 1341
Merit: 1046
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March 25, 2014, 02:54:06 PM |
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I want to remind you about our coin logo contest..
it will be the first voting at the new board. It is your turn, now. Make yourself immortal, design this coin and become the winner of the voting.
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LionOfNarnia
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March 25, 2014, 03:12:10 PM |
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Pumping the price will not really do much, why should the coin be valued at more than 1sat ? don't get me wrong, I like the coin, but there is no adoption, the community is not very active as far as developments ect....why would the masses want this coin, that's what we have to answer before you waste money on a pump that will get dumped right after
DUDE! We're only 3 weeks old, give us a freaking chance!!!! |
"I don't always kill & eat things - but when I do it's because I'm a Lion & they were things" |
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kicker
Member
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Activity: 93
Merit: 10
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March 25, 2014, 03:23:44 PM |
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yodoberman
Member
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Activity: 112
Merit: 10
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March 25, 2014, 03:25:17 PM |
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Pumping the price will not really do much, why should the coin be valued at more than 1sat ? don't get me wrong, I like the coin, but there is no adoption, the community is not very active as far as developments ect....why would the masses want this coin, that's what we have to answer before you waste money on a pump that will get dumped right after
DUDE! We're only 3 weeks old, give us a freaking chance!!!! Looking at the sell walls i can only agree. To many ppl are to eager to sell, price will never get high. |
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LionOfNarnia
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March 25, 2014, 03:34:33 PM |
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Pumping the price will not really do much, why should the coin be valued at more than 1sat ? don't get me wrong, I like the coin, but there is no adoption, the community is not very active as far as developments ect....why would the masses want this coin, that's what we have to answer before you waste money on a pump that will get dumped right after
DUDE! We're only 3 weeks old, give us a freaking chance!!!! Looking at the sell walls i can only agree. To many ppl are to eager to sell, price will never get high. I'm confident that ONCE PEOPLE REALISE WHAT THEY'RE HOLDING they won't be anywhere near so eager to sell so cheap. Remember we still have 2 or 3 (?) 'halvings' before the final evolution into a 1-coin/block. We have to be patient with the 'inertia of the ignorant' but they do need a little nudge from time to time  |
"I don't always kill & eat things - but when I do it's because I'm a Lion & they were things" |
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Ragz
Newbie
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Activity: 32
Merit: 0
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March 25, 2014, 04:20:06 PM |
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Just saying if you try to pump the price up to say 6sat...you will see a big dump back down to 1-2sat.....how much buy support do you think you can generate with little to no buzz on the coin. price rise with no news will only cause it to stabilize lower or at the initial value.
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LionOfNarnia
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March 25, 2014, 04:34:21 PM |
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Just saying if you try to pump the price up to say 6sat...you will see a big dump back down to 1-2sat.....how much buy support do you think you can generate with little to no buzz on the coin. price rise with no news will only cause it to stabilize lower or at the initial value.
There's no intention to look at 6. Yet. The 'correct' price right now is probably around 3. If we can hold stability at that, maybe the sheep will actually look at the 'dynamics' or 'physics' of it & realise that it's not a coin for a quick buck, it's a coin to hold & enjoy the minting from. As more realise this, the price will naturally & correctly rise in some kind of ratio with the falling block rewards & rising PoS. I honestly believe that this time next year, Zeit will have a value in the THOUSANDS of satoshi, at least. It should be obvious to all that actually mining Zeit is not an efficient option already, and will become even less so as the rewards fall even further. Mining something else & buying Zeit with the proceeds is a VERY good move for the community anyway, just coz a few of us agree to do it on the same evening doesn't make it a pump in the whale sense, it's just a statement of confidence which will give a feeling of being on the same team, of working with a shared purpose. Isn't that the very definition of 'community'? |
"I don't always kill & eat things - but when I do it's because I'm a Lion & they were things" |
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buzz2708
Member
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Activity: 98
Merit: 10
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March 25, 2014, 04:44:17 PM |
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Can anybody answer on my question: Why I have 20 days old coins, but there is no minting??
Is your wallet unlocked? Yes. Today appeared first minted coins, but it must started yesterday. Don't know why, but now will take wallet open for 24/7. Then will see how it works |
BTC : 1Nt7TtotpU5L2Duz6igVX2b2kYN61rpMiz
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BeholdTheTrueWake
Member
Offline
Activity: 70
Merit: 10
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March 25, 2014, 04:45:59 PM |
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I want to remind you about our coin logo contest..
it will be the first voting at the new board. It is your turn, now. Make yourself immortal, design this coin and become the winner of the voting.
+1  |
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stevegreer
Legendary
Offline
Activity: 1148
Merit: 1001
Official Zeitcoin community ambassador
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March 25, 2014, 05:03:28 PM |
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Just saying if you try to pump the price up to say 6sat...you will see a big dump back down to 1-2sat.....how much buy support do you think you can generate with little to no buzz on the coin. price rise with no news will only cause it to stabilize lower or at the initial value.
There's no intention to look at 6. Yet. The 'correct' price right now is probably around 3. If we can hold stability at that, maybe the sheep will actually look at the 'dynamics' or 'physics' of it & realise that it's not a coin for a quick buck, it's a coin to hold & enjoy the minting from. As more realise this, the price will naturally & correctly rise in some kind of ratio with the falling block rewards & rising PoS. I honestly believe that this time next year, Zeit will have a value in the THOUSANDS of satoshi, at least. It should be obvious to all that actually mining Zeit is not an efficient option already, and will become even less so as the rewards fall even further. Mining something else & buying Zeit with the proceeds is a VERY good move for the community anyway, just coz a few of us agree to do it on the same evening doesn't make it a pump in the whale sense, it's just a statement of confidence which will give a feeling of being on the same team, of working with a shared purpose. Isn't that the very definition of 'community'? Excellent post!! |
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LionOfNarnia
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March 25, 2014, 05:09:48 PM |
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Thanks Steve The way the 2-wall is tumbling, we might be attacking one of the higher walls on Friday anyway |
"I don't always kill & eat things - but when I do it's because I'm a Lion & they were things" |
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Dale Allen
Member
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Activity: 75
Merit: 10
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March 25, 2014, 05:14:24 PM |
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Thanks Steve The way the 2-wall is tumbling, we might be attacking one of the higher walls on Friday anyway I've just stopped mining today. Switched back to Doge for a bit. Moving house over the next few days and can't be arsed setting up the scripts and miners for Vertcoin (my other option) on my machines. Are you planning it for Friday then? I can invest 3 BTC in that. It's @ 20 BTC at present so we need some fire power. |
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neoxxx
Sr. Member
Offline
Activity: 351
Merit: 250
Source of knowledge is experience. A.E.
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March 25, 2014, 05:17:42 PM |
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Guys i was thinking ... ...this strategy can work for POS ?  .....   |
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LionOfNarnia
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March 25, 2014, 05:28:56 PM |
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Thanks Steve The way the 2-wall is tumbling, we might be attacking one of the higher walls on Friday anyway I've just stopped mining today. Switched back to Doge for a bit. Moving house over the next few days and can't be arsed setting up the scripts and miners for Vertcoin (my other option) on my machines. Are you planning it for Friday then? I can invest 3 BTC in that. It's @ 20 BTC at present so we need some fire power. Welcome on board, Dale Vert isn't hard to set up for, been mining it since Friday, but Doge is always a decent fall-back option. House-moving is always SUCH a stress, don't forget to allow yourself some time for chillin' |
"I don't always kill & eat things - but when I do it's because I'm a Lion & they were things" |
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LionOfNarnia
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March 25, 2014, 05:36:10 PM |
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Price has risen from 50 to 70 on Cryptsy (LTC) in the last few hours. |
"I don't always kill & eat things - but when I do it's because I'm a Lion & they were things" |
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Max_Russia
Newbie
Offline
Activity: 39
Merit: 0
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March 25, 2014, 05:40:13 PM |
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Dale Allen
Member
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Activity: 75
Merit: 10
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March 25, 2014, 05:47:24 PM |
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Welcome on board, Dale Vert isn't hard to set up for, been mining it since Friday, but Doge is always a decent fall-back option. House-moving is always SUCH a stress, don't forget to allow yourself some time for chillin' I was doing Vert on two machines. It ran fine but I moved to Zeitcoin on the 1st of March until. Just don't have the time to sort out the other 18 machines of which two are currently dead as dodo's. Yep, house move are a royal pain, moved 4 times in two years, this will be the 5th! I'll watch the posts to find out when it's happening on Friday. Read most of these 300 so pages, got square eyes! |
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winevirus
Member
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Activity: 88
Merit: 10
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March 25, 2014, 06:01:22 PM |
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We're almost down under 2 @ 2. Keep it going guys!
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stevegreer
Legendary
Offline
Activity: 1148
Merit: 1001
Official Zeitcoin community ambassador
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March 25, 2014, 07:00:49 PM |
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https://bitcointalk.org/index.php?topic=529779.new#newLooks like bigc has changed his tune now. I wonder if he's going to come here to offer an apology to ZEITCOIN for accusing them of stealing his Zeit?
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Matni
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March 25, 2014, 07:11:31 PM |
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WHEN WILL PEOPLE GET IT?! DONT USE CRYPTORUSHIN FOR *ANYTHING* They did this same scam when they robbed me of my zeitcoins without replacing a single one. It is NOT a competent exchange and ANY money put into it should be considered 50/50 chance of being lost forever. Can we get some personal information on this "linkandzelda" please? Lets get real name, known addresses, phone numberes, etc. Time to go to work.
Well at least he's finally understood that it was CR and not the Zeit devs... |
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