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Author Topic: [ANN][CRYPT] CryptCoin x11 + PoS | P2P Anonymity | 0% Premine | Commander  (Read 506436 times)
knightlife999
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June 19, 2014, 10:28:09 PM
 #1841

CRYPT got pumped by fontas and the other whales and dumped, and you can see the volume is slowly decreasing, it probably won't be pumped again until an anon wallet is released, risky investment even to buy in now, it will probably be hovering on the lows like XC for a while, but if people don't trust it will go down even further with no strong buy support.

Fontas and the many of the whales are holding. I am a big holder as well. Some whales had a profit target pre-set and stuck to it (they moved to Glyph and BC). That was the sell off. We are holding decent support at 140k.

If the big whales were holding they wouldn't have let the price drop by 100%, but I am just an observer, you might may be right I guess time will tell Tongue

I've been trading forex for 15 years professionally. I know markets. There are a group of people that buy into the newest coin every week or two. Those people have a larger group of people that I liken to "pilot fish". That larger group of weak hands buy whatever the bigger fish buy. When they move on to the next coin, a sizeable chunk of the volume leaves. The sign that a coin has life left in it is if it establishes support and stabilizes. We are seeing that with Crypt. The next move upward will be caused be Mindfox and dev team releasing the anon wallet and the new gui interface. When that happens, big things will take place (not just with a rally). It's actually good that the weak hands and opportunists left for another coin. Takes the pressure off of Crypt and allows the devs to complete their work without having to constantly reassure people that things are ok.  

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WheresMyWallet
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June 19, 2014, 10:29:57 PM
 #1842

Or maybe the Whales let the price go down to buy more later ?

Looks like all the big bag holders are still holding their bags and buying more since the Chinese came in a did their big usual dump.
If the Chinese are willing to dump into the whales buys for the next rise, more fool them.
Regardless of all the FUD, this coin has WAAAY more buy support at the right places (read the charts properly people).
All these peaks and dips are exactly where the levels should be, so get ready for the next steady rise and move of floor level.
I can see this going at least 0.005 in the next few rises, and long term at least 0.01, if not past DRK.
If BTC booms, this could push this coin into orbit.
knightlife999
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June 19, 2014, 10:35:27 PM
 #1843

Or maybe the Whales let the price go down to buy more later ?

Looks like all the big bag holders are still holding their bags and buying more since the Chinese came in a did their big usual dump.
If the Chinese are willing to dump into the whales buys for the next rise, more fool them.
Regardless of all the FUD, this coin has WAAAY more buy support at the right places (read the charts properly people).
All these peaks and dips are exactly where the levels should be, so get ready for the next steady rise and move of floor level.
I can see this going at least 0.005 in the next few rises, and long term at least 0.01, if not past DRK.
If BTC booms, this could push this coin into orbit.

+1

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googs84
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June 19, 2014, 10:37:06 PM
 #1844

I jumped in Crypt. Hope big things will happen!

mindfox
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June 19, 2014, 10:38:03 PM
 #1845

since I spend over an hour reading, I would like first to say that I'm a plain man, not super smart, I do not transform during full moon, I just do what I was hired to do: implement my idea.
Now, regarding some of the technical concerns expressed are valid, but I would love to see the real person behind them.
Since I did not hide using a different nick, why would you?

Regarding anonymity, I would like someone to define the term to me.
Is it to make the addresses in a transaction invisible or prove that all addresses come from the same wallet/coin holder?
As I said many times, personally I do not trust my coins being in another wallet/master node/call it how you like, to forward my coins. Besides, even if you use a mixer, aren't the coins going to the same address?
Isn't the "taint analysis" going to reveal the coins that an address had, even for a single instance?
You mix the source and you reveal the destination. Or perhaps I didn't read it well.

Also, regarding the ability to learn the IP from a wallet that is not connectable can't be completely accurate. Just remember that transaction messages are re-broadcasted by wallets. Connectable or not.

So, as I mentioned in one of my posts, there are many different ideas and implementation and I respect everyone for the hard work and effort they put in order to make it (or made it) happen.
Also, all ideas in early stage have plenty of room for expansion.
I strongly believe that if those who go through the effort to go through technical analysis (which means that they are skilled either in coding or in googling - I would like to believe the first) can offer more than just "stay away from this coin - the dev is a scammer".
WheresMyWallet
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June 19, 2014, 10:41:48 PM
 #1846

Nice to hear from you Mindfox. Now ignore the FUD and get back to work  Grin
This coin is in safe hands by the look of it while you are coding, and will be in even better shape when you are finished.
MoosaNYC
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June 19, 2014, 10:43:58 PM
 #1847

Thank you Mindfox for the post, there was a lot of BS FUD but it seems to have cleared from the air.
You can do what you do best mate being an awesome coder Wink


Cheers,


Moosa
timk225
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June 19, 2014, 10:53:56 PM
 #1848

I have 660 CRYPT coins.  Does that qualify me as being a "whale" or "big holder"?

If not, I will accept CRYPT coin donations to get me closer to that status.   Grin
asemov
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June 19, 2014, 10:56:41 PM
 #1849




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Bitcycle
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June 19, 2014, 11:02:09 PM
 #1850

since I spend over an hour reading, I would like first to say that I'm a plain man, not super smart, I do not transform during full moon, I just do what I was hired to do: implement my idea.
Now, regarding some of the technical concerns expressed are valid, but I would love to see the real person behind them.
Since I did not hide using a different nick, why would you?

Regarding anonymity, I would like someone to define the term to me.
Is it to make the addresses in a transaction invisible or prove that all addresses come from the same wallet/coin holder?
As I said many times, personally I do not trust my coins being in another wallet/master node/call it how you like, to forward my coins. Besides, even if you use a mixer, aren't the coins going to the same address?
Isn't the "taint analysis" going to reveal the coins that an address had, even for a single instance?
You mix the source and you reveal the destination. Or perhaps I didn't read it well.

Also, regarding the ability to learn the IP from a wallet that is not connectable can't be completely accurate. Just remember that transaction messages are re-broadcasted by wallets. Connectable or not.

So, as I mentioned in one of my posts, there are many different ideas and implementation and I respect everyone for the hard work and effort they put in order to make it (or made it) happen.
Also, all ideas in early stage have plenty of room for expansion.
I strongly believe that if those who go through the effort to go through technical analysis (which means that they are skilled either in coding or in googling - I would like to believe the first) can offer more than just "stay away from this coin - the dev is a scammer".


I don't think you're a scammer, but I also don't see a workable plan for anonymity here.  What do you have in mind for it?

The CRYPT original whitepaper provide no advantage, so I assume you're working on a new plan.  What is it?
tristartek
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June 19, 2014, 11:02:24 PM
 #1851

Good update, glad to see someone is actually being productive and not like all these whack job fudders trying to scare ppl from buying so they will go buy another shitcoin.  You are in safe and capable hands with this coin and you should not hesitate to buy.  You will be rewarded handsomely very soon if you buy it.  

BTC: 1KTg6RkiHjovXqVfVB1a74NPPXLnoL1HNf
TheVoodooDevil
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June 19, 2014, 11:03:54 PM
 #1852

since I spend over an hour reading, I would like first to say that I'm a plain man, not super smart, I do not transform during full moon, I just do what I was hired to do: implement my idea.
Now, regarding some of the technical concerns expressed are valid, but I would love to see the real person behind them.
Since I did not hide using a different nick, why would you?

Regarding anonymity, I would like someone to define the term to me.
Is it to make the addresses in a transaction invisible or prove that all addresses come from the same wallet/coin holder?
As I said many times, personally I do not trust my coins being in another wallet/master node/call it how you like, to forward my coins. Besides, even if you use a mixer, aren't the coins going to the same address?
Isn't the "taint analysis" going to reveal the coins that an address had, even for a single instance?
You mix the source and you reveal the destination. Or perhaps I didn't read it well.

Also, regarding the ability to learn the IP from a wallet that is not connectable can't be completely accurate. Just remember that transaction messages are re-broadcasted by wallets. Connectable or not.

So, as I mentioned in one of my posts, there are many different ideas and implementation and I respect everyone for the hard work and effort they put in order to make it (or made it) happen.
Also, all ideas in early stage have plenty of room for expansion.
I strongly believe that if those who go through the effort to go through technical analysis (which means that they are skilled either in coding or in googling - I would like to believe the first) can offer more than just "stay away from this coin - the dev is a scammer".

Thanks for the update!!
mindfox
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June 19, 2014, 11:05:31 PM
 #1853

Regarding anonymity, I would like someone to define the term to me.
Is it to make the addresses in a transaction invisible or prove that all addresses come from the same wallet/coin holder?

I don't think you're a scammer, but I also don't see a workable plan for anonymity here.  What do you have in mind for it?

The CRYPT original whitepaper provide no advantage, so I assume you're working on a new plan.  What is it?
I left the part where I ask how each individual defines anonymity. What is your definition of it?
Djinou94
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June 19, 2014, 11:07:26 PM
 #1854

In Mindfox we trust!  Cool

jwinterm
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June 19, 2014, 11:24:21 PM
 #1855

Regarding anonymity, I would like someone to define the term to me.
Is it to make the addresses in a transaction invisible or prove that all addresses come from the same wallet/coin holder?

I don't think you're a scammer, but I also don't see a workable plan for anonymity here.  What do you have in mind for it?

The CRYPT original whitepaper provide no advantage, so I assume you're working on a new plan.  What is it?
I left the part where I ask how each individual defines anonymity. What is your definition of it?

Cryptonote coins seem to have a functional implementation of anonymity, so why not use that as the baseline? I agree the coin mixer idea is kind of antithetical to crypto in general, as you are relying on some kind of centralized node to "mix" the coins for anonymity, and there seems to be some dispute over whether this is truly anonymous or can be tracked using taint analysis. But, these concerns are not manifested in cryptonote coins, and transactions can be sent over the network with varying degrees of anonymity (the mixin count).
mindfox
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June 19, 2014, 11:29:59 PM
 #1856

Regarding anonymity, I would like someone to define the term to me.
Is it to make the addresses in a transaction invisible or prove that all addresses come from the same wallet/coin holder?

I don't think you're a scammer, but I also don't see a workable plan for anonymity here.  What do you have in mind for it?

The CRYPT original whitepaper provide no advantage, so I assume you're working on a new plan.  What is it?
I left the part where I ask how each individual defines anonymity. What is your definition of it?

Cryptonote coins seem to have a functional implementation of anonymity, so why not use that as the baseline? I agree the coin mixer idea is kind of antithetical to crypto in general, as you are relying on some kind of centralized node to "mix" the coins for anonymity, and there seems to be some dispute over whether this is truly anonymous or can be tracked using taint analysis. But, these concerns are not manifested in cryptonote coins, and transactions can be sent over the network with varying degrees of anonymity (the mixin count).
I agree with you on every word you say.
It seems to have a working anonymity but I do not know exactly how it works and I don't claim I'm in a position (or even have the skills) to audit it without first studying a lot. Also, I do believe that it's still very new and we might see flaws.
If I'm not ready to study it, how would I be able to fix flaws?
I do not like to experiment with thinks I do not fully understand. Is it better if I did otherwise and take risks I couldn't be able to handle?
Bitcycle
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June 19, 2014, 11:32:48 PM
 #1857

Regarding anonymity, I would like someone to define the term to me.
Is it to make the addresses in a transaction invisible or prove that all addresses come from the same wallet/coin holder?

I don't think you're a scammer, but I also don't see a workable plan for anonymity here.  What do you have in mind for it?

The CRYPT original whitepaper provide no advantage, so I assume you're working on a new plan.  What is it?
I left the part where I ask how each individual defines anonymity. What is your definition of it?

Very simple.  Transactions should not be traceable to their originator.  This is what people want.
 
What's your plan to achieve this?
MsCollec
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June 19, 2014, 11:33:40 PM
 #1858


Cryptonote coins seem to have a functional implementation of anonymity, so why not use that as the baseline? I agree the coin mixer idea is kind of antithetical to crypto in general, as you are relying on some kind of centralized node to "mix" the coins for anonymity, and there seems to be some dispute over whether this is truly anonymous or can be tracked using taint analysis. But, these concerns are not manifested in cryptonote coins, and transactions can be sent over the network with varying degrees of anonymity (the mixin count).

Cryptonote is a different algorithm and can't be used with bitcoin source code. You have to build it from scratch, it can't be implemented in Bitcoin protocol.
jwinterm
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June 19, 2014, 11:36:24 PM
 #1859

Regarding anonymity, I would like someone to define the term to me.
Is it to make the addresses in a transaction invisible or prove that all addresses come from the same wallet/coin holder?

I don't think you're a scammer, but I also don't see a workable plan for anonymity here.  What do you have in mind for it?

The CRYPT original whitepaper provide no advantage, so I assume you're working on a new plan.  What is it?
I left the part where I ask how each individual defines anonymity. What is your definition of it?

Cryptonote coins seem to have a functional implementation of anonymity, so why not use that as the baseline? I agree the coin mixer idea is kind of antithetical to crypto in general, as you are relying on some kind of centralized node to "mix" the coins for anonymity, and there seems to be some dispute over whether this is truly anonymous or can be tracked using taint analysis. But, these concerns are not manifested in cryptonote coins, and transactions can be sent over the network with varying degrees of anonymity (the mixin count).
I agree with you on every word you say.
It seems to have a working anonymity but I do not know exactly how it works and I don't claim I'm in a position (or even have the skills) to audit it without first studying a lot. Also, I do believe that it's still very new and we might see flaws.
If I'm not ready to study it, how would I be able to fix flaws?
I do not like to experiment with thinks I do not fully understand. Is it better if I did otherwise and take risks I couldn't be able to handle?

It was just a suggestion, dude. I don't even hold any CRYPT. I don't care if you ever try anything or just dump all your coins (which is kinda what I'm assuming and also why I don't hold any anymore...).
mindfox
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June 19, 2014, 11:36:55 PM
 #1860

Regarding anonymity, I would like someone to define the term to me.
Is it to make the addresses in a transaction invisible or prove that all addresses come from the same wallet/coin holder?

I don't think you're a scammer, but I also don't see a workable plan for anonymity here.  What do you have in mind for it?

The CRYPT original whitepaper provide no advantage, so I assume you're working on a new plan.  What is it?
I left the part where I ask how each individual defines anonymity. What is your definition of it?

Very simple.  Transactions should not be traceable to their originator.  This is what people want.
 
What's your plan to achieve this?
Wasn't the originator, the destination of the previous transaction? Isn't that how blockchain analysis takes place?
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