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Bluemustang
Member
Offline
Activity: 147
Merit: 10
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April 14, 2014, 02:12:26 PM |
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It looks like the Multipool is doing it's job ... finally we got away from 5 sat.. Pretty sure this movement isnt even because of the multipool (i havnt been paid in zeit yet). Likely from some whales. the multipool has to buy zeitcoin before it can payout... hence the price going up True but look at the 24h volume, 266btc. Even if half of those are sells the multipool wouldnt have made anywhere near that in the last 2-3 days its been running. It doesn't have to.. there are so many bag holders that any activity would bring them over... the multipool ate through the big walls on 5 sat... and will do the same with the rest (as it gets more hashpower).. Thing is there are so many buy walls on every sat up... crazy... if all these bag holders were smart they would take down the walls and let it rise... 2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. But then the weak hands would be out sooner and let the price rise more steadily with less profit taking. That or leave the sell walls up and let the price rise slowly. Hard to say which is better. Probably the first if it could be done
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sdersdf2
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April 14, 2014, 02:16:49 PM |
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It looks like the Multipool is doing it's job ... finally we got away from 5 sat.. Pretty sure this movement isnt even because of the multipool (i havnt been paid in zeit yet). Likely from some whales. the multipool has to buy zeitcoin before it can payout... hence the price going up True but look at the 24h volume, 266btc. Even if half of those are sells the multipool wouldnt have made anywhere near that in the last 2-3 days its been running. It doesn't have to.. there are so many bag holders that any activity would bring them over... the multipool ate through the big walls on 5 sat... and will do the same with the rest (as it gets more hashpower).. Thing is there are so many buy walls on every sat up... crazy... if all these bag holders were smart they would take down the walls and let it rise... 2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. But then the weak hands would be out sooner and let the price rise more steadily with less profit taking. That or leave the sell walls up and let the price rise slowly. Hard to say which is better. Probably the first if it could be done "2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. " Exactly what I asked about earlier and the risk I worry about - that this POS coin will behave like a whale-dumpy POW coin until this whale oversupply is eaten up.... by bagholders...
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gazzamc
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April 14, 2014, 02:20:18 PM |
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It looks like the Multipool is doing it's job ... finally we got away from 5 sat.. Pretty sure this movement isnt even because of the multipool (i havnt been paid in zeit yet). Likely from some whales. the multipool has to buy zeitcoin before it can payout... hence the price going up True but look at the 24h volume, 266btc. Even if half of those are sells the multipool wouldnt have made anywhere near that in the last 2-3 days its been running. It doesn't have to.. there are so many bag holders that any activity would bring them over... the multipool ate through the big walls on 5 sat... and will do the same with the rest (as it gets more hashpower).. Thing is there are so many buy walls on every sat up... crazy... if all these bag holders were smart they would take down the walls and let it rise... 2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. But then the weak hands would be out sooner and let the price rise more steadily with less profit taking. That or leave the sell walls up and let the price rise slowly. Hard to say which is better. Probably the first if it could be done The first to a certain price, then people will hold longer to see how high it will rise... of course weeding out the ROI miners and weak hands is always the first step for steady growth.
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Bluemustang
Member
Offline
Activity: 147
Merit: 10
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April 14, 2014, 02:20:30 PM |
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It looks like the Multipool is doing it's job ... finally we got away from 5 sat.. Pretty sure this movement isnt even because of the multipool (i havnt been paid in zeit yet). Likely from some whales. the multipool has to buy zeitcoin before it can payout... hence the price going up True but look at the 24h volume, 266btc. Even if half of those are sells the multipool wouldnt have made anywhere near that in the last 2-3 days its been running. It doesn't have to.. there are so many bag holders that any activity would bring them over... the multipool ate through the big walls on 5 sat... and will do the same with the rest (as it gets more hashpower).. Thing is there are so many buy walls on every sat up... crazy... if all these bag holders were smart they would take down the walls and let it rise... 2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. But then the weak hands would be out sooner and let the price rise more steadily with less profit taking. That or leave the sell walls up and let the price rise slowly. Hard to say which is better. Probably the first if it could be done "2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. " Exactly what I asked about earlier and the risk I worry about - that this POS coin will behave like a whale-dumpy POW coin until this whale oversupply is eaten up.... by bagholders... Bagholders are what? People thatve been holding chunks awhile id guess?
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roslinpl
Legendary
Offline
Activity: 2212
Merit: 1199
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April 14, 2014, 02:23:20 PM |
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Upgrading to the newest wallet on Zeitcoin I am having issues... I followed the steps to the T, added the zeitcoin.conf and my wallet will not even start to sync, still stuck on block 1... Any suggestions?
Maybe your firewall if stopping it? Try to add it to your firewall setting. Or - just launch client and give it some time to connect with nodes.
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Bluemustang
Member
Offline
Activity: 147
Merit: 10
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April 14, 2014, 02:25:26 PM |
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Oh ffs, mintpal under maitenance. BAD TIMING! ><
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gazzamc
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April 14, 2014, 02:25:32 PM |
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It looks like the Multipool is doing it's job ... finally we got away from 5 sat.. Pretty sure this movement isnt even because of the multipool (i havnt been paid in zeit yet). Likely from some whales. the multipool has to buy zeitcoin before it can payout... hence the price going up True but look at the 24h volume, 266btc. Even if half of those are sells the multipool wouldnt have made anywhere near that in the last 2-3 days its been running. It doesn't have to.. there are so many bag holders that any activity would bring them over... the multipool ate through the big walls on 5 sat... and will do the same with the rest (as it gets more hashpower).. Thing is there are so many buy walls on every sat up... crazy... if all these bag holders were smart they would take down the walls and let it rise... 2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. But then the weak hands would be out sooner and let the price rise more steadily with less profit taking. That or leave the sell walls up and let the price rise slowly. Hard to say which is better. Probably the first if it could be done "2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. " Exactly what I asked about earlier and the risk I worry about - that this POS coin will behave like a whale-dumpy POW coin until this whale oversupply is eaten up.... by bagholders... Bagholders are what? People thatve been holding chunks awhile id guess? They could be ROI miners waiting for a return on investment/time... basically anyone holding until a certain price (where they will dump).. I've been holding since the beginning but i've no problem holding for a reasonable value... as this coin can do much better than 10 sat... Even if i was to sell i would only sell a fraction and wait and see.. Oh ffs, mintpal under maitenance. BAD TIMING! ><
Damn i just deposited BTC....
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podizzle
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April 14, 2014, 02:32:02 PM |
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Actually it was qberty that took down the first couple Walla last night thanks bro!
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shijilal
Member
Offline
Activity: 112
Merit: 10
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April 14, 2014, 02:39:55 PM |
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Oh ffs, mintpal under maitenance. BAD TIMING! ><
Today Mintpal was having lots of issues..hope its not the beginning of anything serious
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Finansist
Member
Offline
Activity: 64
Merit: 10
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April 14, 2014, 02:41:32 PM |
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Upgrading to the newest wallet on Zeitcoin I am having issues... I followed the steps to the T, added the zeitcoin.conf and my wallet will not even start to sync, still stuck on block 1... Any suggestions?
Maybe your firewall if stopping it? Try to add it to your firewall setting. Or - just launch client and give it some time to connect with nodes. Yes Should be the firewall problem I also encountered this problem set up your firewall
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kahir
Legendary
Offline
Activity: 1050
Merit: 1000
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April 14, 2014, 02:42:58 PM |
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do not sell in today Hype ... its new comers want your cheap zeit .... let them buy high ^.^
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gazzamc
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April 14, 2014, 02:43:58 PM |
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Actually it was qberty that took down the first couple Walla last night thanks bro!
Damn those were some big walls..
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Bluemustang
Member
Offline
Activity: 147
Merit: 10
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April 14, 2014, 02:55:15 PM |
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It looks like the Multipool is doing it's job ... finally we got away from 5 sat.. Pretty sure this movement isnt even because of the multipool (i havnt been paid in zeit yet). Likely from some whales. the multipool has to buy zeitcoin before it can payout... hence the price going up True but look at the 24h volume, 266btc. Even if half of those are sells the multipool wouldnt have made anywhere near that in the last 2-3 days its been running. It doesn't have to.. there are so many bag holders that any activity would bring them over... the multipool ate through the big walls on 5 sat... and will do the same with the rest (as it gets more hashpower).. Thing is there are so many buy walls on every sat up... crazy... if all these bag holders were smart they would take down the walls and let it rise... 2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. But then the weak hands would be out sooner and let the price rise more steadily with less profit taking. That or leave the sell walls up and let the price rise slowly. Hard to say which is better. Probably the first if it could be done "2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. " Exactly what I asked about earlier and the risk I worry about - that this POS coin will behave like a whale-dumpy POW coin until this whale oversupply is eaten up.... by bagholders... Bagholders are what? People thatve been holding chunks awhile id guess? They could be ROI miners waiting for a return on investment/time... basically anyone holding until a certain price (where they will dump).. I've been holding since the beginning but i've no problem holding for a reasonable value... as this coin can do much better than 10 sat... Even if i was to sell i would only sell a fraction and wait and see.. Oh ffs, mintpal under maitenance. BAD TIMING! ><
Damn i just deposited BTC.... How much better ya think we can do? Think we can see 100 sat like has been said a lot fairly soon?
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kahir
Legendary
Offline
Activity: 1050
Merit: 1000
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April 14, 2014, 03:19:01 PM |
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It looks like the Multipool is doing it's job ... finally we got away from 5 sat.. Pretty sure this movement isnt even because of the multipool (i havnt been paid in zeit yet). Likely from some whales. the multipool has to buy zeitcoin before it can payout... hence the price going up True but look at the 24h volume, 266btc. Even if half of those are sells the multipool wouldnt have made anywhere near that in the last 2-3 days its been running. It doesn't have to.. there are so many bag holders that any activity would bring them over... the multipool ate through the big walls on 5 sat... and will do the same with the rest (as it gets more hashpower).. Thing is there are so many buy walls on every sat up... crazy... if all these bag holders were smart they would take down the walls and let it rise... 2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. But then the weak hands would be out sooner and let the price rise more steadily with less profit taking. That or leave the sell walls up and let the price rise slowly. Hard to say which is better. Probably the first if it could be done "2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. " Exactly what I asked about earlier and the risk I worry about - that this POS coin will behave like a whale-dumpy POW coin until this whale oversupply is eaten up.... by bagholders... i think this is the slow rise one ... a hugebuy/sell that set ground higher, then pirce stablize there .. then again then again
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shijilal
Member
Offline
Activity: 112
Merit: 10
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April 14, 2014, 03:19:14 PM |
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Its looks hard to crack the walls going forward.. 13,15,20 BTC and like that in each wall
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kahir
Legendary
Offline
Activity: 1050
Merit: 1000
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April 14, 2014, 03:21:35 PM |
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Its looks hard to crack the walls going forward.. 13,15,20 BTC and like that in each wall
yeah caz going up in that pirce range like 7-8 satochi ... is huge % .... its like from lets say u buy at 10 to go to 11 thats 10% profit .. so the more we push the faster / more easy to go up
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gazzamc
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April 14, 2014, 03:32:17 PM |
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How much better ya think we can do? Think we can see 100 sat like has been said a lot fairly soon?
Just looking at BC rise anything is possible, if the multipool gets going 100 sat is very much in our reach...
i think this is the slow rise one ... a hugebuy/sell that set ground higher, then pirce stablize there .. then again then again
That's the best way... a rise too quick will result in dumps from people trying to profit fast..
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shijilal
Member
Offline
Activity: 112
Merit: 10
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April 14, 2014, 03:53:35 PM |
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What we need is to get our Multipool out of beta and get in running fast..
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nearmiss
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April 14, 2014, 03:55:32 PM |
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What we need is to get our Multipool out of beta and get in running fast..
or...just mine for zeit right now @ http://hashco.ws ...it all results in buying pressure
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Profit-Switching Pool w/ Vardiff -> http://hashco.ws Optionally keep the alts we mine or auto-trade for BTC. In addition can be paid out in any of: 365, AC, BC, BTC, C2, CINNI, COMM, FAC, HBN, MINT, PMC, QRK, RDD, WC, XBC
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