Majormax
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Activity: 2534
Merit: 1129
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March 23, 2014, 09:28:38 PM |
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Everyone remove the sell walls ... didnt u notice the net hashrate is 6 GB/s .... u will never mine again as before and u will never buy agaian at 7 satoshi ... they want u to think that the price is 6-7 satoshi so they can buy more ... why do you think that the net hashrate is 6 GB/s?
+1 Agree completely. I truly feel that none of us (who actually believe in, participate, and contribute to ECC) should be selling below 15-20 It is a free market after all. Most miners need to get money back quickly, as they are using expensive hashpower and moving from coin to coin... longer term considerations don't affect them. Be grateful for the cheap supply.
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klopper
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March 23, 2014, 09:33:24 PM |
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Everyone remove the sell walls ... didnt u notice the net hashrate is 6 GB/s .... u will never mine again as before and u will never buy agaian at 7 satoshi ... they want u to think that the price is 6-7 satoshi so they can buy more ... why do you think that the net hashrate is 6 GB/s?
+1 Agree completely. I truly feel that none of us (who actually believe in, participate, and contribute to ECC) should be selling below 15-20 It is a free market after all. Most miners need to get money back quickly, as they are using expensive hashpower and moving from coin to coin... longer term considerations don't affect them. Be grateful for the cheap supply. Yeah. someone holding the price down on mintpal to get 6 satoshi coins...
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Majormax
Legendary
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Activity: 2534
Merit: 1129
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March 23, 2014, 09:36:34 PM |
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I can only facepalm at you at this point. You seem to know everything and are obviously much smarter than I am. Perhaps I lack the intellect to get my point across to you.
I am sure your multipool will be the best in the world and the "cleverest" one as you say and will drive ECC to the same price as Bitcoin. Thank God you are here to save all of us ignorant savages with your advanced technological pool.
Seriously though, I would like to hear from others as we all know Mr. hostmaster is on another level from the rest of us of less than average intellect.
Maybe hostmaster is carried away with the genius of his project ! ... I am interested in the way you describe Multipool support for the BC price. I read both arguments, and I am not sure I fully understand the implications, but these are complicated interactions between long and short term factors. I will look into it a bit more, because I can see possible merit in your suggestion.
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Majormax
Legendary
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Activity: 2534
Merit: 1129
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March 23, 2014, 09:40:12 PM |
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Everyone remove the sell walls ... didnt u notice the net hashrate is 6 GB/s .... u will never mine again as before and u will never buy agaian at 7 satoshi ... they want u to think that the price is 6-7 satoshi so they can buy more ... why do you think that the net hashrate is 6 GB/s?
+1 Agree completely. I truly feel that none of us (who actually believe in, participate, and contribute to ECC) should be selling below 15-20 It is a free market after all. Most miners need to get money back quickly, as they are using expensive hashpower and moving from coin to coin... longer term considerations don't affect them. Be grateful for the cheap supply. Yeah. someone holding the price down on mintpal to get 6 satoshi coins... Prices cannot be 'held' down, or up for that matter, for more than a temporary phase. These markets are perfectly free, and will find their own levels based on the merit of the currency, and the size and commitment of the community. If you believe, buy and hold. If the price falls be glad that another investor can get cheap supply.
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Majormax
Legendary
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Activity: 2534
Merit: 1129
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March 23, 2014, 09:42:51 PM |
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do you guys see the price of this coin going anywhere? seems like it's stuck between the buy/sell walls...
It is only 17 days old. It has already gone far. Buy and sell walls are good, means that there is a healthy market.
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klopper
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March 23, 2014, 09:49:01 PM |
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do you guys see the price of this coin going anywhere? seems like it's stuck between the buy/sell walls...
It is only 17 days old. It has already gone far. Buy and sell walls are good, means that there is a healthy market. I agree. Means there are som big investors now. trading at 7/8 on cryptorush. This coin really has big potential. Only coins I have seen get this much attention is doge & mint. And ECC is way better.
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gouda
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March 23, 2014, 10:03:09 PM |
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i agree just bought another .1 at 7... fuck those low sales..
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fireinyourhole
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March 23, 2014, 10:06:38 PM |
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DW about the sell walls guys. My team has collected a significant percentage of ECC - as the price increases you will see less sellers ready to dump . Need to collect as much as possible at this moment to let the price go as high as possible
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gouda
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March 23, 2014, 10:20:12 PM |
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just keep up the support!! remember how strong we were when we all voted for it on mintpal... now lets do the same and pull back sell walls and make the value go up where it should be...
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BigDaddyWooWoo
Member
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Activity: 102
Merit: 10
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March 23, 2014, 10:33:04 PM |
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I can only facepalm at you at this point. You seem to know everything and are obviously much smarter than I am. Perhaps I lack the intellect to get my point across to you.
I am sure your multipool will be the best in the world and the "cleverest" one as you say and will drive ECC to the same price as Bitcoin. Thank God you are here to save all of us ignorant savages with your advanced technological pool.
Seriously though, I would like to hear from others as we all know Mr. hostmaster is on another level from the rest of us of less than average intellect.
Maybe hostmaster is carried away with the genius of his project ! ... I am interested in the way you describe Multipool support for the BC price. I read both arguments, and I am not sure I fully understand the implications, but these are complicated interactions between long and short term factors. I will look into it a bit more, because I can see possible merit in your suggestion. Just check out what the BC guys are doing, and how it's affecting market price. They are creating the buys that drive the price higher and are using the BTC to create large buy walls to keep it from falling back too far after the highs. It's not just the multipool aspect but they are also guiding the market buys and sells to keep price moving in an upward direction. It's creating quite a buzz around the coin and many miners and investors are taking notice. Big BTC whales are starting to move in as they are seeing the price action. There is lots of money being made. ECC would be the perfect coin for this due to it's POS nature and the fact that the production of coins is about to run out, but the multipool has to be very specific in it's function. I say whomever creates it first will have first mover advantage. Miners and investors will flock to it and the price will rise significantly.
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mmininginc
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March 23, 2014, 10:35:16 PM |
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I don't want to be a spoiler but I've seen the situation where the coin is in now before, and it's only going downhill from here.
Right after it hit the exchange is was looking great, I bought at 8s, and it quickly rose to 12s... but then the dumpers came into the game and I couldn't even get rid of my ECCs anymore in time. When the 8s buy wall was melting away I sold to break even and I'm glad I did. Now the 7s support is gone, and the 6s support is down to its last bitcoin...
If it doesn't die, it will take a long time before it hits a turning point.
EDIT: Well, I might be wrong :-) as the 6s wall just got stacked again.
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BigDaddyWooWoo
Member
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Activity: 102
Merit: 10
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March 23, 2014, 11:13:33 PM |
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I don't want to be a spoiler but I've seen the situation where the coin is in now before, and it's only going downhill from here.
Right after it hit the exchange is was looking great, I bought at 8s, and it quickly rose to 12s... but then the dumpers came into the game and I couldn't even get rid of my ECCs anymore in time. When the 8s buy wall was melting away I sold to break even and I'm glad I did. Now the 7s support is gone, and the 6s support is down to its last bitcoin...
If it doesn't die, it will take a long time before it hits a turning point.
EDIT: Well, I might be wrong :-) as the 6s wall just got stacked again.
Sell support is probably too strong to lift the coin out without some other impetus at this point. The buy walls can only get replenished if buyers can be convinced that the coins price has an upward potential.
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klopper
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March 23, 2014, 11:48:43 PM |
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I don't want to be a spoiler but I've seen the situation where the coin is in now before, and it's only going downhill from here.
Right after it hit the exchange is was looking great, I bought at 8s, and it quickly rose to 12s... but then the dumpers came into the game and I couldn't even get rid of my ECCs anymore in time. When the 8s buy wall was melting away I sold to break even and I'm glad I did. Now the 7s support is gone, and the 6s support is down to its last bitcoin...
If it doesn't die, it will take a long time before it hits a turning point.
EDIT: Well, I might be wrong :-) as the 6s wall just got stacked again.
Sell support is probably too strong to lift the coin out without some other impetus at this point. The buy walls can only get replenished if buyers can be convinced that the coins price has an upward potential. Guess this is the whale manipulating the market... https://twitter.com/fireinyourhole
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Mandevil
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March 23, 2014, 11:55:57 PM |
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I don't want to be a spoiler but I've seen the situation where the coin is in now before, and it's only going downhill from here.
Right after it hit the exchange is was looking great, I bought at 8s, and it quickly rose to 12s... but then the dumpers came into the game and I couldn't even get rid of my ECCs anymore in time. When the 8s buy wall was melting away I sold to break even and I'm glad I did. Now the 7s support is gone, and the 6s support is down to its last bitcoin...
If it doesn't die, it will take a long time before it hits a turning point.
EDIT: Well, I might be wrong :-) as the 6s wall just got stacked again.
Sell support is probably too strong to lift the coin out without some other impetus at this point. The buy walls can only get replenished if buyers can be convinced that the coins price has an upward potential. Guess this is the whale manipulating the market... https://twitter.com/fireinyourholewhy is it going down? i bought at 8 and is already at 6
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BigDaddyWooWoo
Member
Offline
Activity: 102
Merit: 10
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March 24, 2014, 12:13:26 AM |
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I don't want to be a spoiler but I've seen the situation where the coin is in now before, and it's only going downhill from here.
Right after it hit the exchange is was looking great, I bought at 8s, and it quickly rose to 12s... but then the dumpers came into the game and I couldn't even get rid of my ECCs anymore in time. When the 8s buy wall was melting away I sold to break even and I'm glad I did. Now the 7s support is gone, and the 6s support is down to its last bitcoin...
If it doesn't die, it will take a long time before it hits a turning point.
EDIT: Well, I might be wrong :-) as the 6s wall just got stacked again.
Sell support is probably too strong to lift the coin out without some other impetus at this point. The buy walls can only get replenished if buyers can be convinced that the coins price has an upward potential. Guess this is the whale manipulating the market... https://twitter.com/fireinyourholewhy is it going down? i bought at 8 and is already at 6 We need more buyers, more buzz, more excitement.
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klopper
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March 24, 2014, 12:52:35 AM |
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I don't want to be a spoiler but I've seen the situation where the coin is in now before, and it's only going downhill from here.
Right after it hit the exchange is was looking great, I bought at 8s, and it quickly rose to 12s... but then the dumpers came into the game and I couldn't even get rid of my ECCs anymore in time. When the 8s buy wall was melting away I sold to break even and I'm glad I did. Now the 7s support is gone, and the 6s support is down to its last bitcoin...
If it doesn't die, it will take a long time before it hits a turning point.
EDIT: Well, I might be wrong :-) as the 6s wall just got stacked again.
Sell support is probably too strong to lift the coin out without some other impetus at this point. The buy walls can only get replenished if buyers can be convinced that the coins price has an upward potential. Guess this is the whale manipulating the market... https://twitter.com/fireinyourholewhy is it going down? i bought at 8 and is already at 6 No reason, you just bought on a spike. The market moves in waves. Don't buy all in at once, set some buyins at lower levels to get an averega price. This also builds a foundation for the price of the coin. If all buys inn at the top, there is no buy support at lower levels. But dont worry, imo this coin has potential to go atleast double of your buyin. Right now there seems to be whales playing the market to shake out the weak hands and get some cheap coins before the rocket takes off! Good luck!
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glennbuck
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March 24, 2014, 01:33:15 AM |
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That is how good coins like this work,people want in cheap so put big sell walls up to get you to sell your coins cheap,then boom 20 sats lol,hold your coins because this rocket has not started yet.
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Mandevil
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March 24, 2014, 01:55:45 AM |
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That is how good coins like this work,people want in cheap so put big sell walls up to get you to sell your coins cheap,then boom 20 sats lol,hold your coins because this rocket has not started yet.
why is still going down? how many coin is mined a day ? why everyone selling sell walls are huge now
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Majormax
Legendary
Offline
Activity: 2534
Merit: 1129
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March 24, 2014, 02:26:10 AM |
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That is how good coins like this work,people want in cheap so put big sell walls up to get you to sell your coins cheap,then boom 20 sats lol,hold your coins because this rocket has not started yet.
why is still going down? how many coin is mined a day ? why everyone selling sell walls are huge now These are quite small sells. One big buyer can clear them quickly.
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gouda
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March 24, 2014, 02:33:20 AM |
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we only have been on mintpal a lil over 24 hours... we can't expect huge jumps over night... we want to slowly build the coin...!!!
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