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Author Topic: [ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info  (Read 759171 times)
yinyangteam (OP)
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April 23, 2014, 01:58:50 AM
 #3261

Distribution ending soon

The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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_noname_
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April 23, 2014, 01:59:55 AM
 #3262

That's right. I call that "mental support" No one willing to sell lower, but pools aren't dumping either.

Pools are consistently dumping. You don't see much change in their total hold because they are mining new blocks as well.
Stratobitz
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April 23, 2014, 02:00:24 AM
 #3263

Whitecoin moving up quick!
Stratobitz
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April 23, 2014, 02:01:04 AM
 #3264

Whitecoin moving up quick!

Buy volume really high. Look at depth charts it's the start of a rally.
Stratobitz
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April 23, 2014, 02:03:22 AM
 #3265

Ticking upwards Smiley
_noname_
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April 23, 2014, 02:04:43 AM
 #3266

Ticking upwards Smiley

Don't get your hopes too high. It will have consistent selling pressure until Thursday.
Gazza1
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April 23, 2014, 02:12:48 AM
 #3267

How about we all put our buy orders at 1000 and stop trying outbid each other.  All that is going to do is create a rise.  If we all stand at 1000 we will all get our coins at that price.  We just have to be patient.  Who's down?

Impossible is a word found only in the dictionary of fools.
cindereynolds
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April 23, 2014, 02:12:59 AM
 #3268


Yeah, will be starting to take profits as everyone starts breaking even

Waiting for this..

Waiting for this.. the support at 1000 is ridiculously strong. It's only dumped down to 998 once and been skidding here for the last 3 hours.


We must be looking at different charts because all I see is low volume support at 1000 and only an unwillingness by sellers to sell lower than 1000. Sellers are dictating right now. There is nothing to support a dump. Nothing. Absolutely nix.

And now, what we've all been waiting for! A message from the developers:





That's right. I call that "mental support" No one willing to sell lower, but pools aren't dumping either.


That's funny I see higher buyer support than sell pressure. The reality is that buyers aren't willing to buy any higher. It's a stalemate, it happens.

If there is nothing to support a dump then why does the price bounce back from every dump?

GTFO shill, you are powerless here.

ʕ•͡ᴥ•ʔʕ•͡ᴥ•ʔʕ•͡ᴥ•ʔ PND bamboo muncher ʕ•͡ᴥ•ʔʕ•͡ᴥ•ʔʕ•͡ᴥ•ʔ
                        PPtd7diYFaKzY11iqVV1xoy6MLLY6mg7Kq
itos
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April 23, 2014, 02:15:15 AM
 #3269

Whitecoin moving up quick!

Buy volume really high. Look at depth charts it's the start of a rally.

Watch out it's a false pump.
Stratobitz
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April 23, 2014, 02:17:07 AM
 #3270

Seems to be holding up. Buy support increasing.
itos
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April 23, 2014, 02:20:13 AM
 #3271

Distribution ending soon

Wise words are wise.
Gazza1
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April 23, 2014, 02:22:27 AM
 #3272

Everyone put your bids at 1000 and stop trying to outbid, you'll create a rise causing loss.  let the multipool dump at 1000 and we all win

Impossible is a word found only in the dictionary of fools.
moonman787
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April 23, 2014, 02:24:10 AM
 #3273

Everyone put your bids at 1000 and stop trying to outbid, you'll create a rise and we all lose.  let the multipool dump at 1000 and we all win

Ok, I put 4 BTC at 1000. Will see if others will follow suit.
jamieb81
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April 23, 2014, 02:24:33 AM
 #3274

Everyone put your bids at 1000 and stop trying to outbid, you'll create a rise and we all lose.  let the multipool dump at 1000 and we all win

yeah especially when it's like for 10 or 20 coins.. stack em on someone else order, for 1 sat you think it makes a difference? guess too many children trading..
Gazza1
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April 23, 2014, 02:24:43 AM
 #3275

Very smart, I see someone is with me.  Cheesy

Impossible is a word found only in the dictionary of fools.
trashxtreme
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April 23, 2014, 02:25:02 AM
 #3276

price should be going down by looking at what multipool wafflepool is holding

whitecoin   150,724.38590598   4,880,401.76628562   44.92795654

still having more than 4 million coin unexchange
Gazza1
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April 23, 2014, 02:25:13 AM
 #3277

Everyone put your bids at 1000 and stop trying to outbid, you'll create a rise and we all lose.  let the multipool dump at 1000 and we all win

yeah especially when it's like for 10 or 20 coins.. stack em on someone else order, for 1 sat you think it makes a difference? guess too many children trading..

I know right?  It's hilarious

Impossible is a word found only in the dictionary of fools.
Stratobitz
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April 23, 2014, 02:26:01 AM
 #3278

I bought 2 BTC at roughly 1030 in a few small orders. I'm waiting for my HVC and LTC to transfer into Mintpal to buy more. Damn confirmations!
jamieb81
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April 23, 2014, 02:26:05 AM
 #3279

Very smart, I see someone is with me.  Cheesy

It drives me mad when people do that just for 1 sat difference.. and it's all day like that not only @ whitecoin
insanid
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April 23, 2014, 02:27:57 AM
 #3280

cool, well 2 days isn't so long... we should make sure everyone gets moved to pools that switch to multipools or at least is aware of them as soon as possible.

Yes since 1.5 Gh/s is not enough to get more buy power. We need at least 5 Gh/s on multi pool that pays on WC.


well 1.5gh is a good start but yes we should aim to move all miners of wc over to those multipools, 30gh would be very nice.

Absolutely, but the other pools that have been supporting whitecoin (who aren't going multi) deserve their miners until mining ends. Everyone has worked hard to see whitecoin succeed whitecoinpool.com is not about taking miners away from anyone, especially from within the community. For now, the multipool is still mining whitecoin proper with standard (and consistent) payouts.

The switch will happen the moment mining ends, and that's when we're hoping we'll see the true movement to the pool. We've already cracked 1.6 GH by the way!

I mine WC on chunky pool, and your statements reassure me that I have made the right decision. Thank you for supporting the community, and not just dumping alts for BTC like waffle does.
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