[ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS

[gorillajam]

How frustrating it must be to FUD a forum to try to get a better deal only to find no one really cares what you say.

Ask yourself some questions...

1) When someone makes BIG fonts doesn't that remind you of a child needing attention?

2) Why would someone care so much about your money?  Are they nice people? What could be their motivation?

3) If they really have criminal evidence why waste time on a forum just go to the authorities.

The most logical explanation is that you are either a large whale or work for a group that specializes in Pump and Dumps and want to increase your stake in a quality target coin.  Think about it.  If you FUD a shit coin it will just die.  If you FUD a quality coin you know it will go up and you can pump it.  Obtaining any real quantity of Silk Coin at this point is impossible without raising the price.  That makes a Pump and Dump through market purchase not feasible, leaving the only venue a FUD campaign.  

The ferocity of their attacks is only more indication of their desperation.

The sad part is that their FUD simply is not working.  They have really failed.  A professional FUD organization would fire them for incompetence.  I would recommend Mcdonalds, but I go there sometimes and want my order served correctly...

Judge Crypto

Why can't we quote more from the people of reason than the FUD morons?

hahaha and you are?

[Boyer]

Who sold 23 btc? I hope it is the whales that are catching up this, otherwise it is doomed.

Almost zero activity-check
spreading doom talk- check

Fact: Propably someone trying to buy cheap so he is trying to start panic sell first. Doesnt work though.

Not trying to spread some doom talk, that was fact. I'm just curious who can be able to sell such large amounts at this price level. Not many traders can sit on that. Wondering where it comes from, one day before announcement...

[declensions]

Who sold 23 btc? I hope it is the whales that are catching up this, otherwise it is doomed.

Almost zero activity-check
spreading doom talk- check

Fact: Propably someone trying to buy cheap so he is trying to start panic sell first. Doesnt work though.

Not trying to spread some doom talk, that was fact. I'm just curious who can be able to sell such large amounts at this price level. Not many traders can sit on that. Wondering where it comes from, one day before announcement...

No single person sold that amount, where do you see it on graph? stop making shit up.

Maybe you haven't been paying attention but there has been a lot of buying and selling going on the last few days. 100+ btc got bought up to 4800 so it could easily be the same people who bought those coins that are deciding to sell and chase another coin.

[BohemianStalker]

Who sold 23 btc? I hope it is the whales that are catching up this, otherwise it is doomed.

Almost zero activity-check
spreading doom talk- check

Fact: Propably someone trying to buy cheap so he is trying to start panic sell first. Doesnt work though.

Not trying to spread some doom talk, that was fact. I'm just curious who can be able to sell such large amounts at this price level. Not many traders can sit on that. Wondering where it comes from, one day before announcement...

Sorry if I was little harsh but look at the rich list...it propably was more people than one.

And people know tomorrow there will be reason for price going higher, so they are trying to lower price so they can repurchase more coins :-)

[Boyer]

Who sold 23 btc? I hope it is the whales that are catching up this, otherwise it is doomed.

Almost zero activity-check
spreading doom talk- check

Fact: Propably someone trying to buy cheap so he is trying to start panic sell first. Doesnt work though.

Not trying to spread some doom talk, that was fact. I'm just curious who can be able to sell such large amounts at this price level. Not many traders can sit on that. Wondering where it comes from, one day before announcement...

It's obvious you're working with the fudder since you keep responding to him and vice versa.

No single person sold that amount, where do you see it on graph? stop making shit up.

Maybe you haven't been paying attention but there has been a lot of buying and selling going on the last few days. 100+ btc got bought up to 4800 so it could easily be the same people who bought those coins that are deciding to sell and chase another coin.

Are you kidding me? Working with the fudder? I invested heavily into this and that is why I'm asking. So don't make things up you moron. I've been watching the activity on mintpal whole day and it is easy to see if same person are selling when 5 btc is sold at once etc.

[cryptodevil]

Maybe you haven't been paying attention

Says the guy with a link to a proven fraudulent scam coin in his sig. Not just any old scam coin, but one that actually harvested peoples login details and stole money from their exchange accounts as well as compromised many Bitcointalk forum accounts. Paying attention to what's going on around you in this snakepit of a forum is crucial.

Just sayin'

[declensions]

where do you see 20 btc sold at once on the graph? cus there isn't.

2.3 btc =/= 23

like i said, why sell when you know there is good news ahead? You are getting your coins stolen from you



uh, i only have that link cus i wanted free honorcoins. haven't kept up with the news or bothered changing my sig

[BBmodBB]

/\SILKCOIN about to breakout!!! huge buying!!!  

weeeeeeeee!

[Wulfcastle]

Who sold 23 btc? I hope it is the whales that are catching up this, otherwise it is doomed.

Almost zero activity-check
spreading doom talk- check

Fact: Propably someone trying to buy cheap so he is trying to start panic sell first. Doesnt work though.

Not trying to spread some doom talk, that was fact. I'm just curious who can be able to sell such large amounts at this price level. Not many traders can sit on that. Wondering where it comes from, one day before announcement...

Sorry if I was little harsh but look at the rich list...it propably was more people than one.

And people know tomorrow there will be reason for price going higher, so they are trying to lower price so they can repurchase more coins :-)

I've been monitoring the market as well over the last few hours, and to me it seems like someone is trying to suppress the price. This EXACT same process happened two days ago, a few hours before the wallet update was posted. It seems like a few people are trying to push the price down in an attempt to acquire more coins before the whitepaper announcement.

[deadmanwalking]

As promised the new wallet version is out today. And as always I'll update you with the latest news from the devs.

--Update is not mandatory--

-- Mac will be released later tonight, I'm going to get the mac right now to build the compile--

Let's start by talking about this update.

We listened to all you had to say and tried our best to improve the current wallet and solve all the current bugs and glitches.

*Lot's of UI improvements, fonts more readable, visual glitches solved ui parts finished. Also a few network bugs were solved.
*An unlock button right in your Dashboard, just beside the stacking tutorial for new comers.
*A whole new Market Data tab with MintPal, Bittrex and Cryptsy integrated. You asked for Mintpal and an overview panel, you got it . This is in prevision of the next update built-in exchanger, I'll talk about that later in this post.
*A few IRC bugs solved, as you may have noticed the client was still in construction. No more points instead of spaces and a much better response time.
*And yes we also integrated the "Minimize to taskbar" button on top of the "Minimize to tray" since a lot of you complained about missing it.

Now let's talk about the roadmap.. Most of the time as you have seen in the past we prefer releasing than talking about it for days because announcing great features always bring haters, fudders, impatients and pumpers. But this time I'll let you know a bit more what the current plans are and what the future holds for Silkcoin.

Next Update :

Will be in ~10 days, we will integrate the exchange feature into the market tab and a trading bot is coming but it's not 100% sure it will be included in the next release with trading.
Due to a big community demand games will be integrated in the wallet, at first it will be a simple betting game but we plan to expand this area in the future.
Also a big rework is being done on the IRC tab. After the next update we'll start to have a decent wallet  .

The eco-system :

The release of the white paper is still planned for the end of the week so I will not talk a lot about it this time. If everything goes well we will start the beta phase about 2 weeks after the white paper, the beta should not last for long as the system is already very solid and we're constantly running tests.

For those of you who were criticizing the lack of information, I will still give you the same arguments : we started Silkcoin without talking about the eco-system and did not want to unveil it so soon because we knew without a white paper it would attract fudders & paranoïa. Also a lot of "secrets" are present in this white paper, we want to make sure we're advanced enough on the development side before making it public. But I reassure you, it's not quite finished I'm not making you wait .

Anyway it's been 1 month and 8 days, judge by what you seen. We're at the 5th update and our community is growing stronger everyday, the wallet is now far away from the others and even if you look at our clones they can't even hold the speed of our updates or worse can't even copy our existing features.

Dev Roadmap:

Here is the order of priority and how the most important events of silkcoin are supposed to happen in the next 30 days:

- First the release of the White Paper Friday.
- Followed by a big update including the built-in exchanger and first game
- Private beta for the eco-system will begin
- Then we'll launch the Multi-pool, we're already talking with a few pool managers who are interested in working with us, but we haven't decided yet; We may build it ourself.
- The launch of the Eco-system with social features and decentralized exchanger. For now this is planned in ~1 month, it can be faster but it can also be delayed.
- The launch of the decentralized marketplace, yes we reconsidered it and we will launch the marketplace with a trust system we'll explain later.

The rest of the roadmap is still uncertain regarding timeframes but will include for sure :

- 2FA authentification, our devs have already started the work on double signatures this is not going to be a very long dev so it may come as a surprise feature .
- Blockchain games in the wallet, followed by network games (all betting games, first game will be introduced next release).
- Anon, I would prefer not to talk a lot about it but we've been working for quite a long time now on Zerocoin implementation, it's not finished at all but yet shows promise since we thought it would've been impossible to integrate but we got back on it and found some interesting solutions.. We find most of the other alternatives (the one we can apply like darksend) not interesting.
Once again most of the time I prefer avoiding the subject because it atracts and feeds fudders and also because this is not the main feature, the eco-system is.
- A few other functions for the eco-system we currently looking what we could do without bloating the blockchain. You'll understand soon why we have endless possibilities when you read the white paper .

Well now you know what to expect.

Enjoy the new version, enjoy Silkcoin and good trades to you !

See you Friday for the white paper  

Ps : I'm updating all links with the new wallet

I feel that at least the picture of the wallet should be in the OP, this is hard to find for someone who just heard about Silk.

[Boyer]

Who sold 23 btc? I hope it is the whales that are catching up this, otherwise it is doomed.

Almost zero activity-check
spreading doom talk- check

Fact: Propably someone trying to buy cheap so he is trying to start panic sell first. Doesnt work though.

Not trying to spread some doom talk, that was fact. I'm just curious who can be able to sell such large amounts at this price level. Not many traders can sit on that. Wondering where it comes from, one day before announcement...

Sorry if I was little harsh but look at the rich list...it propably was more people than one.

And people know tomorrow there will be reason for price going higher, so they are trying to lower price so they can repurchase more coins :-)

I've been monitoring the market as well over the last few hours, and to me it seems like someone is trying to manipulate the price. This EXACT same process happened two days ago, a few hours before the wallet update was posted. It seems like a few people are trying to push the price down in an attempt to acquire more coins before the whitepaper announcement.

I agree with you, looks like huge accumulation between 4000-3500 sat.  It will be interesting to see what will happen coming day(s).

[Wulfcastle]

I feel that at least the picture of the wallet should be in the OP, this is hard to find for someone who just heard about Silk.

There is a .GIF of the wallet in action in the OP. Just wait for it to load.

[Wulfcastle]

Who sold 23 btc? I hope it is the whales that are catching up this, otherwise it is doomed.

Almost zero activity-check
spreading doom talk- check

Fact: Propably someone trying to buy cheap so he is trying to start panic sell first. Doesnt work though.

Not trying to spread some doom talk, that was fact. I'm just curious who can be able to sell such large amounts at this price level. Not many traders can sit on that. Wondering where it comes from, one day before announcement...

Sorry if I was little harsh but look at the rich list...it propably was more people than one.

And people know tomorrow there will be reason for price going higher, so they are trying to lower price so they can repurchase more coins :-)

I've been monitoring the market as well over the last few hours, and to me it seems like someone is trying to manipulate the price. This EXACT same process happened two days ago, a few hours before the wallet update was posted. It seems like a few people are trying to push the price down in an attempt to acquire more coins before the whitepaper announcement.

I agree with you, looks like huge accumulation between 4000-3500 sat.  It will be interesting to see what will happen coming day(s).

If you look at it every time there's a breakout above 4K, "fake" sell walls appear and drive the price down and you see people panic sell into big buy walls. This process has been happening everyday for the last 4 or 5 days. It's nothing more than a few people trying to acquire more coins at this price level by suppressing the price.

[declensions]

Who sold 23 btc? I hope it is the whales that are catching up this, otherwise it is doomed.

Almost zero activity-check
spreading doom talk- check

Fact: Propably someone trying to buy cheap so he is trying to start panic sell first. Doesnt work though.

Not trying to spread some doom talk, that was fact. I'm just curious who can be able to sell such large amounts at this price level. Not many traders can sit on that. Wondering where it comes from, one day before announcement...

Sorry if I was little harsh but look at the rich list...it propably was more people than one.

And people know tomorrow there will be reason for price going higher, so they are trying to lower price so they can repurchase more coins :-)

I've been monitoring the market as well over the last few hours, and to me it seems like someone is trying to manipulate the price. This EXACT same process happened two days ago, a few hours before the wallet update was posted. It seems like a few people are trying to push the price down in an attempt to acquire more coins before the whitepaper announcement.

I agree with you, looks like huge accumulation between 4000-3500 sat.  It will be interesting to see what will happen coming day(s).

If you look at it every time there's a breakout above 4K, "fake" sell walls appear and drive the price down and you see people panic sell into big buy walls. This process has been happening everyday for the last 4 or 5 days. It's nothing more than a few people trying to acquire more coins at this price level by suppressing the price.

You might be the only smart one here.

i'm only showing this because I've already got all the coins I need (willing to put in one basket) and don't want these FUDers to get them cheaper.
Don't get tricked into panic selling. This is what they are doing. You can assume that most of the orders up to 5000 are fake since most of it has already been bought up in the last few days. The only ones panic selling now are those who either bought at the lowest or bought in the spike up to 4800 and are selling at loss to chase other coins.

Notice how all the orders under 4000 are tiny? It's because they don't want to risk their own coins getting bought up in the process of pushing the price lower.

(pm for video)


Think about it logically, who would leave 10-20 btc buy walls at 3000-3500 for a week unless they had over 100 btc to play with? If 10 btc was their entire bankroll, wouldn't it be better spent investing in another coin? However, they aren't, which means they have a lot of btc to drive the price down and also push it back up. In other words, they are supporting the 3000-4000 range.

[2520]

SC will eventually breakout, but i think the max we will see will be around 5-6k satoshi, i don't think its value is more than that.

[Boyer]

SC will eventually breakout, but i think the max we will see will be around 5-6k satoshi, i don't think its value is more than that.

If the "whales" accumulated a lot of silkcoins at 3-4k, they will push the price much more than 50 %.

[Wulfcastle]

Who sold 23 btc? I hope it is the whales that are catching up this, otherwise it is doomed.

Almost zero activity-check
spreading doom talk- check

Fact: Propably someone trying to buy cheap so he is trying to start panic sell first. Doesnt work though.

Not trying to spread some doom talk, that was fact. I'm just curious who can be able to sell such large amounts at this price level. Not many traders can sit on that. Wondering where it comes from, one day before announcement...

Sorry if I was little harsh but look at the rich list...it propably was more people than one.

And people know tomorrow there will be reason for price going higher, so they are trying to lower price so they can repurchase more coins :-)

I've been monitoring the market as well over the last few hours, and to me it seems like someone is trying to manipulate the price. This EXACT same process happened two days ago, a few hours before the wallet update was posted. It seems like a few people are trying to push the price down in an attempt to acquire more coins before the whitepaper announcement.

I agree with you, looks like huge accumulation between 4000-3500 sat.  It will be interesting to see what will happen coming day(s).

If you look at it every time there's a breakout above 4K, "fake" sell walls appear and drive the price down and you see people panic sell into big buy walls. This process has been happening everyday for the last 4 or 5 days. It's nothing more than a few people trying to acquire more coins at this price level by suppressing the price.

You might be the only smart one here.

i'm only showing this because I've already got all the coins I need (willing to put in one basket) and don't want these FUDers to get them cheaper.
Don't get tricked into panic selling. This is what they are doing. You can assume that most of the orders up to 5000 are fake since most of it has already been bought up in the last few days. The only ones panic selling now are those who either bought at the lowest or bought in the spike up to 4800 and are selling at loss to chase other coins.

Notice how all the orders under 4000 are tiny? It's because they don't want to risk their own coins getting bought up in the process of pushing the price lower.

http://youtu.be/2wXsNpnUOOI

Agreed, have you noticed that every time we drop down to the 3.7K/3.6K range, the sell orders in that range are non-existent. No sell orders are ever placed below 3.8K for fear of their own their coins being bought up like you said.

[kalisto]

I did some blockchain analyses for the scared people here and below are some of the addresses used for the premine.
Most of the coins are still there as described in the opening post 

http://explorer.silk-coin.com/address/BAuVLtGJ4tRZrfFLvCX23P3aEYGhSwkmmf
http://explorer.silk-coin.com/address/BFEZyzaVwEfd9q8eNN2UZz3zjmZ74p29zn
http://explorer.silk-coin.com/address/BGAvX8sxyzA8jKdERc46UfiaXKt3K7nKcx

Those sells on MP are just whales trying to scare people and to drive the price down.

[declensions]

i've noticed because I was the one who drove the price down the last few days. and I did it without using any FUD tactics.
The subsequent spike to 4800 was also me, after I lifted all my sell orders from 3400 to 4200

I'm only sharing this secret in the recorded video of how I did it cus I've already got enough and don't want anyone else to get cheaper coins, especially these amateur whales that make me cringe

[2520]

i've noticed because I was the one who drove the price down the last few days.
The subsequent spike to 4800 was also me, after I lifted all my sell orders from 3400 to 4200

I'm only sharing this secret in the recorded video of how I did it cus I've already got enough and don't want anyone else to get cheaper coins, especially these amateur whales that make me cringe

Real whales are usually chinese, and play with hundreds of thousands of BTC and probably dont even know what bitcointalk is... So watching all these people claiming to be whales is hilarious. Even if you have 1000 BTC you still nowhere near a baby whale.