UncleJaysus
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June 18, 2014, 09:22:54 PM |
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I have a question: how will the BTC be distributed to noders?
Will it be BTC distributed to wallet? Or 14 BTC worth of CAIx purchased and sent to qualifying wallets?
If it's the latter, will this CAIx be yet to be purchased? Or is it already being held?
I think you can see what I'm getting at: if you have 14 BTC in BTC lying around, use it to buy CAIx and push the price up as well as rewarding noders. This could also create a positive upward trend (or 'pump' to be crude) and negate the effect of any dumping.
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pieterjanvh
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June 18, 2014, 09:33:32 PM |
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I have a question: how will the BTC be distributed to noders?
Will it be BTC distributed to wallet? Or 14 BTC worth of CAIx purchased and sent to qualifying wallets?
If it's the latter, will this CAIx be yet to be purchased? Or is it already being held?
I think you can see what I'm getting at: if you have 14 BTC in BTC lying around, use it to buy CAIx and push the price up as well as rewarding noders. This could also create a positive upward trend (or 'pump' to be crude) and negate the effect of any dumping.
Excellent question and suggestion. This has been discussed multiple times on foundation meetings, we are not 100% sure yet. There are a lot of pro's and cons for either ways. Currently the 14 BTC is 14 BTC . Like Stuhlman said on the launch of the dividend program, we will do what's best for the coin at the end of the program.
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RoscoeWins
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June 18, 2014, 09:36:27 PM |
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Buy the price up so more people can cash out, then those who get the coins can dump them at the end of the month to, along with all the coins they are hoarding to node. I have a question: how will the BTC be distributed to noders?
Will it be BTC distributed to wallet? Or 14 BTC worth of CAIx purchased and sent to qualifying wallets?
If it's the latter, will this CAIx be yet to be purchased? Or is it already being held?
I think you can see what I'm getting at: if you have 14 BTC in BTC lying around, use it to buy CAIx and push the price up as well as rewarding noders. This could also create a positive upward trend (or 'pump' to be crude) and negate the effect of any dumping.
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UncleJaysus
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Activity: 105
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June 18, 2014, 09:40:03 PM |
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Excellent question and suggestion. This has been discussed multiple times on foundation meetings, we are not 100% sure yet. There are a lot of pro's and cons for either ways. Currently the 14 BTC is 14 BTC . Like Stuhlman said on the launch of the dividend program, we will do what's best for the coin at the end of the program. I can see both pros and cons, but depending on the price and how much of an impact 14BTC makes and how much CAIx the 14 BTC can buy come end of the month, it may be better for everyone to receive CAIx. Titans + PSP come along and push all that CAIx way way above its original 14 BTC value. It's hard to know what's best, I agree - it really depends on how things are going at the time, I guess. Like you say.
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pieterjanvh
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June 18, 2014, 09:46:31 PM |
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Excellent question and suggestion. This has been discussed multiple times on foundation meetings, we are not 100% sure yet. There are a lot of pro's and cons for either ways. Currently the 14 BTC is 14 BTC . Like Stuhlman said on the launch of the dividend program, we will do what's best for the coin at the end of the program. I can see both pros and cons, but depending on the price and how much of an impact 14BTC makes and how much CAIx the 14 BTC can buy come end of the month, it may be better for everyone to receive CAIx. Titans + PSP come along and push all that CAIx way way above its original 14 BTC value. It's hard to know what's best, I agree - it really depends on how things are going at the time, I guess. Like you say. I know exactly what you mean . If a decission has been made we will surely let everyone know. I see you are pretty active in this thread, note that the foundation is still accepting members. More info here, should you be interested .
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RoscoeWins
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Activity: 36
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June 18, 2014, 10:13:19 PM |
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You should apply and get that inside information. Maybe that's who's all dumping since they know something everyone else doesn't. Excellent question and suggestion. This has been discussed multiple times on foundation meetings, we are not 100% sure yet. There are a lot of pro's and cons for either ways. Currently the 14 BTC is 14 BTC . Like Stuhlman said on the launch of the dividend program, we will do what's best for the coin at the end of the program. I can see both pros and cons, but depending on the price and how much of an impact 14BTC makes and how much CAIx the 14 BTC can buy come end of the month, it may be better for everyone to receive CAIx. Titans + PSP come along and push all that CAIx way way above its original 14 BTC value. It's hard to know what's best, I agree - it really depends on how things are going at the time, I guess. Like you say. I know exactly what you mean . If a decission has been made we will surely let everyone know. I see you are pretty active in this thread, note that the foundation is still accepting members. More info here, should you be interested .
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karimdr2
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June 19, 2014, 03:09:05 AM |
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I do not understand why I have these movements below 5000 CAIx in my node XifqSq4QXn1dBqSYpapWn5x59efAmWnPmL . I have not touched my wallet before 1 June ! . . 6e83302550...:2 55054 june 18, 2014, 18:50:29 utc 127.87449763 caix received 5039.65775718 caix 7f4651a42b...:0 55096 june 18, 2014, 19:32:15 utc 255.98000000 caix sent 4783.67775718 caix 7f4651a42b...:1 55096 june 18, 2014, 19:32:15 utc 128.01000000 caix received 4911.68775718 caix 7f4651a42b...:2 55096 june 18, 2014, 19:32:15 utc 128.01024724 caix received 5039.69800442 caix c45555bfd8...:0 55124 june 18, 2014, 19:57:57 utc 255.69873475 caix sent 4783.99926967 caix c45555bfd8...:1 55124 june 18, 2014, 19:57:57 utc 127.86000000 caix received 4911.85926967 caix c45555bfd8...:2 55124 june 18, 2014, 19:57:57 utc 127.87720235 caix received 5039.73647202 caix
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TheStuhlman
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Activity: 1059
Merit: 1020
https://twitter.com/JStuhlman
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June 19, 2014, 12:39:54 PM |
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I do not understand why I have these movements below 5000 CAIx in my node XifqSq4QXn1dBqSYpapWn5x59efAmWnPmL . I have not touched my wallet before 1 June ! . . 6e83302550...:2 55054 june 18, 2014, 18:50:29 utc 127.87449763 caix received 5039.65775718 caix 7f4651a42b...:0 55096 june 18, 2014, 19:32:15 utc 255.98000000 caix sent 4783.67775718 caix 7f4651a42b...:1 55096 june 18, 2014, 19:32:15 utc 128.01000000 caix received 4911.68775718 caix 7f4651a42b...:2 55096 june 18, 2014, 19:32:15 utc 128.01024724 caix received 5039.69800442 caix c45555bfd8...:0 55124 june 18, 2014, 19:57:57 utc 255.69873475 caix sent 4783.99926967 caix c45555bfd8...:1 55124 june 18, 2014, 19:57:57 utc 127.86000000 caix received 4911.85926967 caix c45555bfd8...:2 55124 june 18, 2014, 19:57:57 utc 127.87720235 caix received 5039.73647202 caixThis is normal for a staking wallet. Nothing to worry about.
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TheStuhlman
Legendary
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Activity: 1059
Merit: 1020
https://twitter.com/JStuhlman
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June 19, 2014, 12:46:41 PM |
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RoscoeWins created an account to troll our thread by his own admission, so as not to taint his main account with trolling!!! Did I read that right?
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sammy007
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Activity: 1904
Merit: 1003
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June 19, 2014, 01:50:47 PM |
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RoscoeWins created an account to troll our thread by his own admission, so as not to taint his main account with trolling!!! Did I read that right? I am 100% sure. I even suspect that there is a group of people spreading tons of FUD in order to reduce the price.
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vvvortex
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Activity: 100
Merit: 10
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June 19, 2014, 02:41:27 PM |
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It would be interesting to see the breakdown in individual owners of the accounts trading CAIx on MintPal the last 2-3 days or so. I suspect that there were only 3-4 people, or maybe a group or two in collusion, buying and selling amongst each other driving the price down from the 0.0005's to the mid/low 0.0002's. Since MinPal has the low 0.5% trade fee, I'm sure they've accumulated over 100k+ cheap CAIx from weak investors/bagholders. I just wish I had the btc in order to have bought a lot of the <0.00025 coins but I'm turning my GPU-mined MEC and UTC into CAIx as I get payouts. IMO, in a few days to a week or so, we'll see a huge run-up back to >0.0008+.
It would also be fun to correlate those MintPal manipulators with the few recent new posting accounts here, as well as associate them with the IPs of longer-term subtle bashing posters.
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Bitcoin!
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June 19, 2014, 07:21:28 PM |
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Downtrend seems to be broken you can only manipulate a markett for so long, everyone whos holding caix the only thing it has to do is to hold, these manipulators, week hands can also only trade cheap prices for some time, so hold, according to volume and the scarcity its undervalue is ridicolous alittle bit more of volume its all it takes to create a manic phase! Any news on the walett?
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Report to moderator _///// [XVG] ★★★★★WE ARE ON THE VERGE ★★★★★ [SCRYPT] /////_ _//// TOR // I2P // LINUX . WINDOWS . MAC . ANDROID . ELECTRUM . WEBWALLET . GITHUB // WEBSITE // RADIO // IRC ////_
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Bitcoin!
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June 19, 2014, 07:24:30 PM |
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fake 20 BTC buy order on mintpal just vanished, cryptsy price is way up compared to mintpal as lesser coins are availlable to buy! Big whale on the hunt?
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Report to moderator _///// [XVG] ★★★★★WE ARE ON THE VERGE ★★★★★ [SCRYPT] /////_ _//// TOR // I2P // LINUX . WINDOWS . MAC . ANDROID . ELECTRUM . WEBWALLET . GITHUB // WEBSITE // RADIO // IRC ////_
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pieterjanvh
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June 19, 2014, 09:12:32 PM |
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fake 20 BTC buy order on mintpal just vanished, cryptsy price is way up compared to mintpal as lesser coins are availlable to buy! Big whale on the hunt?
I'm afraid someone is accumulating, yes. Smart player, too bad this damages our holders that have no experience in the cryptoworld .
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armin22
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June 20, 2014, 09:06:38 AM |
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Im just gonna say "fuck it" and hold. Too late for me to learn how to sell high and buy low xD
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DARKANGEL6415
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June 20, 2014, 03:52:50 PM |
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hello folks hevent been in in a bit whats new in the world of caix and new changes coming out or is everything fine as it was 1 month ago?
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JakeThePanda
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June 20, 2014, 04:03:29 PM |
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Excellent question and suggestion. This has been discussed multiple times on foundation meetings, we are not 100% sure yet. There are a lot of pro's and cons for either ways. Currently the 14 BTC is 14 BTC . Like Stuhlman said on the launch of the dividend program, we will do what's best for the coin at the end of the program. I can see both pros and cons, but depending on the price and how much of an impact 14BTC makes and how much CAIx the 14 BTC can buy come end of the month, it may be better for everyone to receive CAIx. Titans + PSP come along and push all that CAIx way way above its original 14 BTC value. It's hard to know what's best, I agree - it really depends on how things are going at the time, I guess. Like you say. Please correct me if I'm wrong, but I thought the original plan was to use the income from the game to buy CAIx? Isn't the 14btc from the game? Wouldn't it be changing the plan if you distributed btc?
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AFaQ
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Activity: 81
Merit: 10
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June 20, 2014, 06:26:10 PM |
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Im just gonna say "fuck it" and hold. Too late for me to learn how to sell high and buy low xD
buy low is now, sell later at 50-100k
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SPACE
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kuchini
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June 20, 2014, 08:04:55 PM |
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I can only see this low price is a good for investors and masternode holders. My guess is a high tier masternode is manipulating the prices very low so when the 14BTC is distributed means much more coins for us at these prices.Our best bet is to hold and if you have spare BTC now would be a good time to grab more. This is a long term play and it'll pay off later to those who believe in it. I'm not worried about price for a while.
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karimdr2
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June 20, 2014, 08:09:16 PM |
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I can only see this low price is a good for investors and masternode holders. My guess is a high tier masternode is manipulating the prices very low so when the 14BTC is distributed means much more coins for us at these prices.Our best bet is to hold and if you have spare BTC now would be a good time to grab more. This is a long term play and it'll pay off later to those who believe in it. I'm not worried about price for a while.
+1
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