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jwilford
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November 12, 2014, 05:35:30 PM
 #6641

What's going on with ID: 11363936448759590364

They are sending nodes back and forth and gaining activity to forge blocks. It almost seems they are getting the fee back to theire own by the forges. is this right?

If you look at http://nodemoney.com:19775/blockchainexpl/ with the ID: 11363936448759590364
See that they've gotten 7 foreges in the last 25 blocks.

What you guys think, good or bad?

He/She is hoping to catch other transactions up in the flurry of their own this strategy will work really well for them while the market is small and noone else is competing with them but as soon as the pool grows or more people decide to compete with them they will start loosing. I thought about getting in while the trade pool is small but mathematically with each person this tactic get's worse, better not to get caught in the rat race. Buy cheap and hold. Also when the pool grows getting a forge will be more like winning the lottery, rare but a good pay out. I don't tink forging should be looked upon as a profit center and I think that was the developers intention.

Those are mine accounts. I've reported about it to Silk already. He said pretty much the same what jwilford said. When it get bigger it will be lottery. Plus they are going to present some additional fixes as well.

I wasn't the first one who started it by the way. Just saw how others doing it. And experimented myself.

Once again it is possible now because of small amount of active peers. Plus only me and some others trying to exploit it. So why not? The sooner more people will try to do it the better.

Because of this behavior people will hate PoA.. Thanks a lot! Before this stupid actions started, I forged blocks only by having my wallet open and now I get nothing.. very funny. Hopefully devs have a good idea to prevent this in the future, not by hoping that enough greedy persons try the same.

It's not going to matter if they do or not. If this becomes widely adopted keeping your node open will still be just as effective as it is now. POA was meant to take the competition out of forging and let people maintain the network by just spending their money. That is a good thing for the price of NODE because that let's everyone get a stake not just the high profile people. NODE was meant to encourage adoption which will drive up the price and make your 500k worth something. I keep my node open just to add to the network but keeping your node open will never be a profit center. It is kind of one right now for the whales but that won't last long. After that is over there will be no more rat races to forge and people can start using it like they do any other money. If you came thinking you could forge your way to wealth you got the wrong idea. That will NEVER happen. If anything you are at risk by keeping your node open because if someone hacks/steals your computer they can take your NODE. Like I said before the only reason I keep mine open is to add to the network.

On a separate issue I think we should adopt a nomenclature to separate the coins from the network nodes. I have been using "NODE" or "nodecoin" for the coins and "node" or "Node" for the network nodes. Anyone have any better suggestions?
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jwilford
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November 12, 2014, 05:38:23 PM
 #6642

It looks like BTC is hard to triple its price in a year.
Node can.
No one can say any certain thing about the future

I've been watching that. Right now NODEs price is tied hard to BTC. That is good news for NODE. I would recommend against dumping NODE for BTC if BTC shows signs of rising since it is tied so hard you should win either way. Once NODE starts to separate itself invest as you see fit.
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November 12, 2014, 05:53:50 PM
 #6643

i think you have a good point and this is planned by the creators
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November 12, 2014, 05:54:11 PM
 #6644

I think is not tied at all... Node started to rise because we got rid of dumpers and marketing started. After marketing started NODE started growing. Before that even if BTC was up or down NODE did whatever it wanted. Thanks to marketing people is knowing about NODE and community is growing.. marketing campaign started about a week ago and NODE has been around for  atleast 6 months.. not tied at all to BTC.. is growing thanks to itself, features and a very recent marketing.
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November 12, 2014, 06:03:15 PM
 #6645

I think is not tied at all... Node started to rise because we get rid of dumpers and marketing started. After marketing started NODE started growing. Before that even if BTC was up or down NODE did whatever it wanted. Thanks to marketing people is knowing about NODE and community is growing.. marketing campaign started about a week ago and NODE has been around for  atleast 6 months.. not tied at all to BTC.. is growing thanks to itself, features and a very recent marketing.
I don't think the growth is tied to BTC but when you evaluate the price of a NODE do you say it is worth $0.000564733 or 130 Satoshi. I think the growth is great and is for the reason you said but it is growing against BTC not USD if you looked at growth against USD this thing would be growing even harder.
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November 12, 2014, 06:04:44 PM
 #6646

I think is not tied at all... Node started to rise because we get rid of dumpers and marketing started. After marketing started NODE started growing. Before that even if BTC was up or down NODE did whatever it wanted. Thanks to marketing people is knowing about NODE and community is growing.. marketing campaign started about a week ago and NODE has been around for  atleast 6 months.. not tied at all to BTC.. is growing thanks to itself, features and a very recent marketing.
I don't think the growth is tied to BTC but when you evaluate the price of a NODE do you say it is worth $0.000564733 or 130 Satoshi. I think the growth is great and is for the reason you said but it is growing against BTC not USD if you looked at growth against USD this thing would be growing even harder.

There u have a point Smiley
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November 12, 2014, 06:23:16 PM
 #6647

seems that a bot is trying to keep down at 140 sat
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November 12, 2014, 06:28:28 PM
 #6648

We're about to hit a sell wall. I hope the price holds and some buy orders start to build otherwise the price may become very rocky. Not ideal for attracting good long term investors. We have enough day traders already.  Undecided
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November 12, 2014, 06:34:03 PM
 #6649

yes, but when the king (btc) rises ...
in fact the actual gain node was over 100% in one day Cool
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November 12, 2014, 07:09:36 PM
 #6650

Do you guys think its still a good time to scoop up some Nodes? Or wait for a dip?
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November 12, 2014, 07:12:26 PM
 #6651

Do you guys think its still a good time to scoop up some Nodes? Or wait for a dip?

Yes, as long as the developers have not started promoting
After that the price will rise above 200-300
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November 12, 2014, 07:14:53 PM
 #6652

Do you guys think its still a good time to scoop up some Nodes? Or wait for a dip?

If you want to wait a bit 125 is probably a safe order, 120 is a bit of a gambol, I would not go any lower. I expect some bursts here soon followed by steady growth till February then volatility through at least March. It may dip again, no man knows the future but I would not count on it.
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November 12, 2014, 07:15:45 PM
 #6653

Do you guys think its still a good time to scoop up some Nodes? Or wait for a dip?

We have been for months in the get rid of dumpers and weak hands stage.. about a week ago a soft-light marketing started and more and more people knows about node.. community growing...i dont think there is gonna be anymore dip. NODE is gonna keep growing. Ofc u could just set a buy order and hope for someone to sell.. but this is gonna keep growing and 250 satoshis is the floor.. ipo ended in that price and we are heading back to that floor.
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November 12, 2014, 07:17:01 PM
 #6654

Hi, guys!
Is 0.9.1b for the real network? I download it, delete old blockchain C:\nxtl\db and download new one. Start, all is ok.

Why I don't see myself in the peer list?

Should be open any port for the node for better help network?

A small transaction was made in 2014-08-06, but I see only 1 confirmation, is it normal?

If the node running 24/7, but does not transactions, it will accumulate NodeHeight and someday it will generates a block? It has >500000 NODE.
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November 12, 2014, 07:17:54 PM
 #6655

Hi, guys!
Is 0.9.1b for the real network? I download it, delete old blockchain C:\nxtl\db and download new one. Start, all is ok.

Why I don't see myself in the peer list?

Should be open any port for the node for better help network?

A small transaction was made in 2014-08-06, but I see only 1 confirmation, is it normal?

If the node running 24/7, but does not transactions, it will accumulate NodeHeight and someday it will generates a block? It has >500000 NODE.

yes it is the real network. test network went off a week ago.

http://nodemoney.com:19775/#/peers

u can see yourself there.. just use any random password.. u just wanna see the peers.

yes u wil generate a block at some point.
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November 12, 2014, 07:23:54 PM
 #6656

Hi, guys!
Is 0.9.1b for the real network? I download it, delete old blockchain C:\nxtl\db and download new one. Start, all is ok.

Why I don't see myself in the peer list?

Should be open any port for the node for better help network?

A small transaction was made in 2014-08-06, but I see only 1 confirmation, is it normal?

If the node running 24/7, but does not transactions, it will accumulate NodeHeight and someday it will generates a block? It has >500000 NODE.

yes it is the real network. test network went off a week ago.

http://nodemoney.com:19775/#/peers

u can see yourself there.. just use any random password.. u just wanna see the peers.

yes u wil generate a block at some point.

I use standalone http://nodecoin.com/node_0.9.1b_win.zip. Open 'Peers' and don't see myself.
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November 12, 2014, 07:25:27 PM
 #6657

Hi, guys!
Is 0.9.1b for the real network? I download it, delete old blockchain C:\nxtl\db and download new one. Start, all is ok.

Why I don't see myself in the peer list?

Should be open any port for the node for better help network?

A small transaction was made in 2014-08-06, but I see only 1 confirmation, is it normal?

If the node running 24/7, but does not transactions, it will accumulate NodeHeight and someday it will generates a block? It has >500000 NODE.

yes it is the real network. test network went off a week ago.

http://nodemoney.com:19775/#/peers

u can see yourself there.. just use any random password.. u just wanna see the peers.

yes u wil generate a block at some point.

I use standalone http://nodecoin.com/node_0.9.1b_win.zip. Open 'Peers' and don't see myself.

you yourself can not see
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November 12, 2014, 07:30:28 PM
 #6658

Hi, guys!
Is 0.9.1b for the real network? I download it, delete old blockchain C:\nxtl\db and download new one. Start, all is ok.

Why I don't see myself in the peer list?

Should be open any port for the node for better help network?

A small transaction was made in 2014-08-06, but I see only 1 confirmation, is it normal?

If the node running 24/7, but does not transactions, it will accumulate NodeHeight and someday it will generates a block? It has >500000 NODE.

yes it is the real network. test network went off a week ago.

http://nodemoney.com:19775/#/peers

u can see yourself there.. just use any random password.. u just wanna see the peers.

yes u wil generate a block at some point.

I use standalone http://nodecoin.com/node_0.9.1b_win.zip. Open 'Peers' and don't see myself.

you yourself can not see

Thanks. Must I to open a port for better help network?
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November 12, 2014, 08:08:13 PM
 #6659

How come http://nodemoney.com isn't SSL? I can't believe anyone would login by send there passcode unencrypted!

>_<

If you found my post helpful, use my tip jar!
BTC: 1Q4um62DJ8kBRMzQ4VQqG6W7eLoPNfx6zn
NODE: 11993447274130959091 NXT: MINT:
TheRealSilk
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November 12, 2014, 08:11:23 PM
 #6660

How come http://nodemoney.com isn't SSL? I can't believe anyone would login by send there passcode unencrypted!

>_<

use client Win and Linux

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