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solarion
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April 25, 2014, 02:22:57 PM |
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The bulky orders are because each step up is 20% at this point. Look up "pip" and "spread" on investopedia Right. To stop these wannabe tycoons and their silly manipulations we have to move the price up, but to do that we have to buy and hold. I don't know who's buying at 3, and I don't know if those buys are going to show as sells at 4 very soon. Eventually the exchange will collapse and likely steal all the coins they were foolish enough to leave there, but before then they'll suppress the value of Zeitcoin if we don't stop them. This is precisely why it's difficult to get out of the low single digits. Zeitcoin was close to freedom, but people stopped buying so back we go. |
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sdersdf2
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April 25, 2014, 02:53:58 PM |
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The bulky orders are because each step up is 20% at this point. Look up "pip" and "spread" on investopedia Right. To stop these wannabe tycoons and their silly manipulations we have to move the price up, but to do that we have to buy and hold. I don't know who's buying at 3, and I don't know if those buys are going to show as sells at 4 very soon. Eventually the exchange will collapse and likely steal all the coins they were foolish enough to leave there, but before then they'll suppress the value of Zeitcoin if we don't stop them. This is precisely why it's difficult to get out of the low single digits. Zeitcoin was close to freedom, but people stopped buying so back we go. how did things get to this point - I haven't seen any other new coins on Mintpal with queues that look like this. |
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solarion
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April 25, 2014, 03:08:26 PM |
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http://forum.zeit-coin.com/Moving to there almost exclusively isn't a decision I necessarily agree with, but what can you do right...freewill and all that.
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podizzle
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April 25, 2014, 03:23:45 PM |
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The bulky orders are because each step up is 20% at this point. Look up "pip" and "spread" on investopedia Right. To stop these wannabe tycoons and their silly manipulations we have to move the price up, but to do that we have to buy and hold. I don't know who's buying at 3, and I don't know if those buys are going to show as sells at 4 very soon. Eventually the exchange will collapse and likely steal all the coins they were foolish enough to leave there, but before then they'll suppress the value of Zeitcoin if we don't stop them. This is precisely why it's difficult to get out of the low single digits. Zeitcoin was close to freedom, but people stopped buying so back we go. how did things get to this point - I haven't seen any other new coins on Mintpal with queues that look like this. thats because there are no other coins with 50 billion in circulation that trades between 1-10 satoshi. its unique to zeit. unfortunately it is a bit daunting to new investors. what this coin needs is big time btc in the bid side as a show of support. |
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sdersdf2
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April 25, 2014, 03:26:05 PM |
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http://forum.zeit-coin.com/Moving to there almost exclusively isn't a decision I necessarily agree with, but what can you do right...freewill and all that. Many thanks - new to this coin and still at the stage of checking it out. What are people expecting to happen? Are there any developments/catalysts expected to drive it out of the current trading range? |
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sdersdf2
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April 25, 2014, 03:26:48 PM |
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The bulky orders are because each step up is 20% at this point. Look up "pip" and "spread" on investopedia Right. To stop these wannabe tycoons and their silly manipulations we have to move the price up, but to do that we have to buy and hold. I don't know who's buying at 3, and I don't know if those buys are going to show as sells at 4 very soon. Eventually the exchange will collapse and likely steal all the coins they were foolish enough to leave there, but before then they'll suppress the value of Zeitcoin if we don't stop them. This is precisely why it's difficult to get out of the low single digits. Zeitcoin was close to freedom, but people stopped buying so back we go. how did things get to this point - I haven't seen any other new coins on Mintpal with queues that look like this. thats because there are no other coins with 50 billion in circulation that trades between 1-10 satoshi. its unique to zeit. unfortunately it is a bit daunting to new investors. what this coin needs is big time btc in the bid side as a show of support. What's happening development wise on the coin - is dev/marketing team planning anything to encourage that kind of support? |
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podizzle
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April 25, 2014, 03:30:35 PM |
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The bulky orders are because each step up is 20% at this point. Look up "pip" and "spread" on investopedia Right. To stop these wannabe tycoons and their silly manipulations we have to move the price up, but to do that we have to buy and hold. I don't know who's buying at 3, and I don't know if those buys are going to show as sells at 4 very soon. Eventually the exchange will collapse and likely steal all the coins they were foolish enough to leave there, but before then they'll suppress the value of Zeitcoin if we don't stop them. This is precisely why it's difficult to get out of the low single digits. Zeitcoin was close to freedom, but people stopped buying so back we go. how did things get to this point - I haven't seen any other new coins on Mintpal with queues that look like this. thats because there are no other coins with 50 billion in circulation that trades between 1-10 satoshi. its unique to zeit. unfortunately it is a bit daunting to new investors. what this coin needs is big time btc in the bid side as a show of support. What's happening development wise on the coin - is dev/marketing team planning anything to encourage that kind of support? our wallet is staying updated with state of the art features. its better than nothing. i noticed greenpay (probably a scam) is making multipool mining available from within the wallet itself. pretty cool. |
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solarion
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April 25, 2014, 03:32:12 PM |
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thats because there are no other coins with 50 billion in circulation that trades between 1-10 satoshi. its unique to zeit. unfortunately it is a bit daunting to new investors. what this coin needs is big time btc in the bid side as a show of support. This is not correct. "moneysupply" : 27310412826.79168700, If you believe there are 50b floating around, then you should be buying like a madman as we won't reach that point for a very very long time.  |
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sdersdf2
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April 25, 2014, 04:40:26 PM |
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The bulky orders are because each step up is 20% at this point. Look up "pip" and "spread" on investopedia Right. To stop these wannabe tycoons and their silly manipulations we have to move the price up, but to do that we have to buy and hold. I don't know who's buying at 3, and I don't know if those buys are going to show as sells at 4 very soon. Eventually the exchange will collapse and likely steal all the coins they were foolish enough to leave there, but before then they'll suppress the value of Zeitcoin if we don't stop them. This is precisely why it's difficult to get out of the low single digits. Zeitcoin was close to freedom, but people stopped buying so back we go. how did things get to this point - I haven't seen any other new coins on Mintpal with queues that look like this. thats because there are no other coins with 50 billion in circulation that trades between 1-10 satoshi. its unique to zeit. unfortunately it is a bit daunting to new investors. what this coin needs is big time btc in the bid side as a show of support. What's happening development wise on the coin - is dev/marketing team planning anything to encourage that kind of support? our wallet is staying updated with state of the art features. its better than nothing. i noticed greenpay (probably a scam) is making multipool mining available from within the wallet itself. pretty cool. What's the dev's username at the Zeitcoin forum? |
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LionOfNarnia
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April 25, 2014, 04:46:47 PM |
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http://forum.zeit-coin.com/Moving to there almost exclusively isn't a decision I necessarily agree with, but what can you do right...freewill and all that. The reasons that the staff team aren't here as much as they used to be are:- 1) We're all VERY f***ing busy doing stuff 'for the future' that you'll hear about when they are completed. 2) Even important posts here get swamped so quickly that it's becoming inefficient to even try to keep them bumped until enough of you have seen them. 3) Most of the talk here is of the "when can I cash out & make a fat profit" variety, which is the one thing NOT being talked about by the community. The ZeitCoin Community was, is, and always will be about SO much more than personal greed. That's why we're there & you are here. Have a great weekend, vultures. |
"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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solarion
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April 25, 2014, 04:57:18 PM |
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http://forum.zeit-coin.com/Moving to there almost exclusively isn't a decision I necessarily agree with, but what can you do right...freewill and all that. The reasons that the staff team aren't here as much as they used to be are:- 1) We're all VERY f***ing busy doing stuff 'for the future' that you'll hear about when they are completed. 2) Even important posts here get swamped so quickly that it's becoming inefficient to even try to keep them bumped until enough of you have seen them. 3) Most of the talk here is of the "when can I cash out & make a fat profit" variety, which is the one thing NOT being talked about by the community. The ZeitCoin Community was, is, and always will be about SO much more than personal greed. That's why we're there & you are here. Have a great weekend, vultures. Not real sure who "we" and "they" are, but:  Happy birthday anyway. |
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waldistons
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April 25, 2014, 05:00:49 PM |
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But most importantly - you could turn on some miners against ZEIT first! Today I decided to try solo mining ZEIT, and was getting a block every couple of minutes. Then I went to nap for couple hours. And when I woke up - WOALA - 1 Mhash of network is gone: "blocks" : 213474,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00029415,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 65066,
"pooledtx" : 0,
"testnet" : false Basically, if I turn on cpu mining on my laptop, I have 51% of network. Luckily I managed to sell quick (missed the 4 sat order on mintpal), but still got ~ 0.01 BTC for selling all my ZEIT. For the sake of community, I'll leave my 28 khash miner on for a while (I'm getting a block every ~2minutes), so network keeps working, but I really feel bad about guys picking them up at exchanges.
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solarion
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April 25, 2014, 05:02:31 PM |
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Holy uninformed posts batman.  For the love of god waldistons, read for awhile. Please?Start with the thread title: ★█ Zeitcoin Movement █★ [ZEIT] POW/POS ★MULTIPOOL★ Join Our Thriving Community! But most importantly - you could turn on some miners against ZEIT first! Today I decided to try solo mining ZEIT, and was getting a block every couple of minutes. Then I went to nap for couple hours. And when I woke up - WOALA - 1 Mhash of network is gone: "blocks" : 213474,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00029415,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 65066,
"pooledtx" : 0,
"testnet" : false Basically, if I turn on cpu mining on my laptop, I have 51% of network. Luckily I managed to sell quick (missed the 4 sat order on mintpal), but still got ~ 0.01 BTC for selling all my ZEIT. For the sake of community, I'll leave my 28 khash miner on for a while (I'm getting a block every ~2minutes), so network keeps working, but I really feel bad about guys picking them up at exchanges. |
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waldistons
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April 25, 2014, 05:12:56 PM |
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If there is no hash on network to process PoS things and secure transactions, then I'll be batman, ok |
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angryacorn
Member
 Offline
Activity: 112
Merit: 10
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April 25, 2014, 05:16:45 PM |
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o shiza! HEPPY HEPPY HEEEPPPY BIFFDAY OLD MAN LION!!!!!!  hope you had a great day! and have one hell of a weekend! age is just a number and after 23 you can get in anywhere.....so go wild my friend GO WILD! will have a pint on your behalf tonyt. Cheers |
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Oto3
Member
Offline
Activity: 195
Merit: 10
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April 25, 2014, 05:28:47 PM |
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Happy birthday! |
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sdersdf2
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April 25, 2014, 05:29:24 PM |
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http://forum.zeit-coin.com/Moving to there almost exclusively isn't a decision I necessarily agree with, but what can you do right...freewill and all that. The reasons that the staff team aren't here as much as they used to be are:- 1) We're all VERY f***ing busy doing stuff 'for the future' that you'll hear about when they are completed. 2) Even important posts here get swamped so quickly that it's becoming inefficient to even try to keep them bumped until enough of you have seen them. 3) Most of the talk here is of the "when can I cash out & make a fat profit" variety, which is the one thing NOT being talked about by the community. The ZeitCoin Community was, is, and always will be about SO much more than personal greed. That's why we're there & you are here. Have a great weekend, vultures. getting a bad vibe about this somewhat defensive response. |
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solarion
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April 25, 2014, 05:34:10 PM |
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If there is no hash on network to process PoS things and secure transactions, then I'll be batman, ok aim your 28kh here: http://www.zeitpool.zeit-coin.com/Mining Zeitcoin directly is neither profitable or necessary. |
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