mojun7982
Full Member
 Offline
Activity: 269
Merit: 100
The Standard Protocol - Solving Inflation
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June 03, 2014, 12:29:17 AM |
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ATCsecure can u plz explain how it is prevented from a mixer stealing coins during this beta wallet?
I second this - please explain in depth. Trade Secrets |
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Riddikulo
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June 03, 2014, 12:33:39 AM |
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My wallet is not sync!
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PeterPalmBeach
Sr. Member
Offline
Activity: 336
Merit: 250
SellALL, BuyBTC
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June 03, 2014, 12:48:41 AM |
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My wallet is not sync!
update it |
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benthach
Legendary
Offline
Activity: 1764
Merit: 1000
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June 03, 2014, 12:53:10 AM |
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auto syn work fine at my side, just give it time. i have seen people expecting XC to make them rich overnight. Why is the wallet update not automated? |
reddit btcwriter1 - twitter kingpininvestor
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CryptoGretzky
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June 03, 2014, 12:57:30 AM |
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Do you know how dangerous an automatically updated wallet is? I would not want to run that... what if the update payload was intercepted and hacked? |
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CatKiwi
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June 03, 2014, 01:02:34 AM |
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thanks Catkiwi ,are you a professiionnal trader ?
if so can you make some technical analyse sometime, its always interresting to see how its going behind number (perhaps with graph) ?
Not a professional, but it is how I make my Bitcoin. Since October 2013. I will tell you this - Expect to see some sell walls out of now which appear maybe once or twice per hour - these are attempts to induce holders to dump coins into the sell wall owners buy orders. The coin is going to test 0.03 in the next 24 hours. Not because of any amazing dev work, or community efforts, but because there is a tidy profit to be made in buying a coin cheaply (as it is now) and pumping it up 50% - It's just a fact. If you are a small fish, like myself, you will be wise to buy back in now. Ideally you bought back in when it was around 186,500 and there were some tasty sells on offer, but it is not too late. The way the manipulators in charge of this particular coin's price direction seem to function is very much based on the performance of Blackcoin and Darkcoin and interestingly Bitcoin itself. You can get an indicator of where XC is going to go based on the rise or fall of those three coins. We discussed a few weeks ago how it is generally the same Bitcoin being moved about various coins, one goes up - the whales cash out - then they start slowly buying up their next target before they place a mammoth 100+ BTC buy wall and let others pump it up for them. The only way to be a successful small trader is to anticipate their next pump, and it is not as hard as people make out. Look for seemingly random, medium sized buy orders ABOVE the market price spread about 2 or 3 hours apart over the space of 24 hours or more. E.g. the last sell price is 190,000 - someone buys 10 BTC up to 193,000 before the price drops back down to 190.000 again. You may think to yourself "Huh, some fool just paid more than they needed to!" - but in reality they are the smart ones. You see they KNOW the target of the next pump, it is always a coordinated effort between the whales to ensure maximum profit among themselves - its bad for business to be fighting each other - they may give the appearance that they are fighting each other but really they are just trying to get you to move in one way or another. If you see this sort of order over the space of 24 hours, take all of them and look at the highest price they bought at for each order - average it - then add on 50% to that (the observed amount a coin seems to pump before the dumping occurs - it is the point where two forces meet - the buyer feels confident that the coin has risen to much to crash and must be a sign its about to "go to the moon" - the seller feels confident that a 50% profit is worth selling 100% of their stash.). Now back track 10%. Between 40 and 50% the whales have quietly been dumping their coins on the buyers who buy without any regard to common sense - they are blinded by greed and will munch through thousands of dollars worth of coins in seconds. By the time the price rises 50% the whales have all but removed themselves from the market and the little fish begin to take their profit. This tips the balance and the coin starts to go down. Without the whales to pump the buys up with massive walls the ordinary buyer gets scared and removes their buy order completely - it happens very suddenly but it causes a 20-25% fall in price within 60 seconds more often than not. Then people foolishly think its just a correction and starting buying again - this slows the descent but doesnt change the downward trend - the coin MUST go back to around the level it was when the whales first started buying with an additional 10% added on. One of the side effects of a pump is that the resulting stable price is usually around 10% higher than the previous. There are what I would call "Super Pumps" whereby the target is set 2 to 500% above the current price - We saw this with Pandacoin, Karmacoin, Blackcoin, Dogecoin, XC, DRK etc. - You generally will only get one shot at this as it relies on a very low marketcap - once a coins starts to get into the 10s of millions of dollars it becomes far harder to pump up 500% - but the sweetspot is aorund $150-500,000. Rest assured however, a super pump is followed by a super dump as seen in every single coin that has ever been pumped up - even Bitcoin and Litecoin themselves. Ultimately just watch the market - thats my advice to you - and I don't mean watch the price - i mean watch the behaviour, what KIND of buys and sells are we seeing? What is the volume and price of each order? what space are they apart? what timezone do they most correlate to? what coin experienced a sell order of similar quantity to the buy order just observed? for example. Have fun! |
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almond
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June 03, 2014, 01:06:56 AM |
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CatKiwi -
The XC Jim Cramer......
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Freedom of the press is guaranteed only to those who own one
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fearcoka
Legendary
Offline
Activity: 1008
Merit: 1000
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June 03, 2014, 01:08:12 AM |
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thanks Catkiwi ,are you a professiionnal trader ?
if so can you make some technical analyse sometime, its always interresting to see how its going behind number (perhaps with graph) ?
Not a professional, but it is how I make my Bitcoin. Since October 2013. I will tell you this - Expect to see some sell walls out of now which appear maybe once or twice per hour - these are attempts to induce holders to dump coins into the sell wall owners buy orders. The coin is going to test 0.03 in the next 24 hours. Not because of any amazing dev work, or community efforts, but because there is a tidy profit to be made in buying a coin cheaply (as it is now) and pumping it up 50% - It's just a fact. If you are a small fish, like myself, you will be wise to buy back in now. Ideally you bought back in when it was around 186,500 and there were some tasty sells on offer, but it is not too late. The way the manipulators in charge of this particular coin's price direction seem to function is very much based on the performance of Blackcoin and Darkcoin and interestingly Bitcoin itself. You can get an indicator of where XC is going to go based on the rise or fall of those three coins. We discussed a few weeks ago how it is generally the same Bitcoin being moved about various coins, one goes up - the whales cash out - then they start slowly buying up their next target before they place a mammoth 100+ BTC buy wall and let others pump it up for them. The only way to be a successful small trader is to anticipate their next pump, and it is not as hard as people make out. Look for seemingly random, medium sized buy orders ABOVE the market price spread about 2 or 3 hours apart over the space of 24 hours or more. E.g. the last sell price is 190,000 - someone buys 10 BTC up to 193,000 before the price drops back down to 190.000 again. You may think to yourself "Huh, some fool just paid more than they needed to!" - but in reality they are the smart ones. You see they KNOW the target of the next pump, it is always a coordinated effort between the whales to ensure maximum profit among themselves - its bad for business to be fighting each other - they may give the appearance that they are fighting each other but really they are just trying to get you to move in one way or another. If you see this sort of order over the space of 24 hours, take all of them and look at the highest price they bought at for each order - average it - then add on 50% to that (the observed amount a coin seems to pump before the dumping occurs - it is the point where two forces meet - the buyer feels confident that the coin has risen to much to crash and must be a sign its about to "go to the moon" - the seller feels confident that a 50% profit is worth selling 100% of their stash.). Now back track 10%. Between 40 and 50% the whales have quietly been dumping their coins on the buyers who buy without any regard to common sense - they are blinded by greed and will munch through thousands of dollars worth of coins in seconds. By the time the price rises 50% the whales have all but removed themselves from the market and the little fish begin to take their profit. This tips the balance and the coin starts to go down. Without the whales to pump the buys up with massive walls the ordinary buyer gets scared and removes their buy order completely - it happens very suddenly but it causes a 20-25% fall in price within 60 seconds more often than not. Then people foolishly think its just a correction and starting buying again - this slows the descent but doesnt change the downward trend - the coin MUST go back to around the level it was when the whales first started buying with an additional 10% added on. One of the side effects of a pump is that the resulting stable price is usually around 10% higher than the previous. There are what I would call "Super Pumps" whereby the target is set 2 to 500% above the current price - We saw this with Pandacoin, Karmacoin, Blackcoin, Dogecoin, XC, DRK etc. - You generally will only get one shot at this as it relies on a very low marketcap - once a coins starts to get into the 10s of millions of dollars it becomes far harder to pump up 500% - but the sweetspot is aorund $150-500,000. Rest assured however, a super pump is followed by a super dump as seen in every single coin that has ever been pumped up - even Bitcoin and Litecoin themselves. Ultimately just watch the market - thats my advice to you - and I don't mean watch the price - i mean watch the behaviour, what KIND of buys and sells are we seeing? What is the volume and price of each order? what space are they apart? what timezone do they most correlate to? what coin experienced a sell order of similar quantity to the buy order just observed? for example. Have fun! Damn, well said. How far could Xc go? |
Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
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Grifftech
Newbie
Offline
Activity: 56
Merit: 0
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June 03, 2014, 01:12:01 AM |
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CatKiwi -
The XC Jim Cramer......
Love me some Jim Cramer |
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almond
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June 03, 2014, 01:13:00 AM |
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All this discussion of superior technology (XC) having trouble catching on in the market place reminds me of betamax, a clearly superior technology that failed to achieve critical mass with consumers largely because Sony thought that it's technology advantage so large and obvious that everyone would buy in, with or without marketing.
Beta went on to become a standard format in professional video production, but died in the consumer marketplace. I'm hoping that we who support XC can convey to the market it's technology advantage a lot better than Sony did with beta.
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Freedom of the press is guaranteed only to those who own one
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phosphorush
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June 03, 2014, 01:17:06 AM |
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So minting is like a lottery and depends on the weight and age of the coins. The estimated time for reward is based on those variables too, that is given X weight and Y age my coins shoudl give me Z rewards in A time. Right?
But the estimated time was passed several times and I didn't get any coin.
If this sin't a problem, then I would like a nice explanation of the process, because I've seen none anywhere...
Thanks.
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Your account locked, please contact support.
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Grifftech
Newbie
Offline
Activity: 56
Merit: 0
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June 03, 2014, 01:17:29 AM |
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xnode with 15xc up and synced (#reserved balance at 20)
Does the second Wallet for the Xnode still use the same .conf as your original wallet? If so do you then put the reservedbalance = 20 in that .conf? the reserve balance is only for the XNODE itself Sorry for asking more questions but I am just trying to make sure I am doing this correctly. 1) I have my main wallet on my Desktop in a folder called XC Wallet 2) I have my XNode wallet on my Destop in a folder called XNode Wallet. 3) When I try to run the XNode wallet I get the "Cannot obtain a lock on the data directory" I assume this is due to already having my main XC wallet running. 4) So how do I setup a separate wallet? It might make sense to some but I am new to this and I guess I need my hand held  |
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Grifftech
Newbie
Offline
Activity: 56
Merit: 0
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June 03, 2014, 01:20:07 AM |
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So minting is like a lottery and depends on the weight and age of the coins. The estimated time for reward is based on those variables too, that is given X weight and Y age my coins shoudl give me Z rewards in A time. Right?
But the estimated time was passed several times and I didn't get any coin.
If this sin't a problem, then I would like a nice explanation of the process, because I've seen none anywhere...
Thanks.
That estimation is really all it is, I see it as saying your chance to reach in the bucket and try to pull out the red ball out of thousands of white ones happens every so often and at that point it is all luck. I think everyone wants to see a number straightaway but it is no different than trying to mine a coin by yourself. Sometimes you won't solve a block for weeks and sometimes you might get 2 in a day. |
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megges
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June 03, 2014, 01:26:13 AM |
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xnode with 15xc up and synced (#reserved balance at 20)
Does the second Wallet for the Xnode still use the same .conf as your original wallet? If so do you then put the reservedbalance = 20 in that .conf? the reserve balance is only for the XNODE itself Sorry for asking more questions but I am just trying to make sure I am doing this correctly. 1) I have my main wallet on my Desktop in a folder called XC Wallet 2) I have my XNode wallet on my Destop in a folder called XNode Wallet. 3) When I try to run the XNode wallet I get the "Cannot obtain a lock on the data directory" I assume this is due to already having my main XC wallet running. 4) So how do I setup a separate wallet? It might make sense to some but I am new to this and I guess I need my hand held add "-datadir=c:\yourdatadir" have no xc client installed, but i guess its the way to do it, like in every other alt. |
tip me!  XtSrWch1U3BsTBFBHj7acTTzxFo1fy5BMa |
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atcsecure
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June 03, 2014, 01:26:35 AM |
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ATCsecure can u plz explain how it is prevented from a mixer stealing coins during this beta wallet?
a mixer on its own can't steal coins, but with out the REV2 trust system and multi-path there is a potential risk of loosing coins through a bad node. I have setup "hardened" servers for testing, PM for details |
Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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brother3
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June 03, 2014, 01:28:27 AM |
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thanks Catkiwi ,are you a professiionnal trader ?
if so can you make some technical analyse sometime, its always interresting to see how its going behind number (perhaps with graph) ?
Not a professional, but it is how I make my Bitcoin. Since October 2013. I will tell you this - Expect to see some sell walls out of now which appear maybe once or twice per hour - these are attempts to induce holders to dump coins into the sell wall owners buy orders. The coin is going to test 0.03 in the next 24 hours. Not because of any amazing dev work, or community efforts, but because there is a tidy profit to be made in buying a coin cheaply (as it is now) and pumping it up 50% - It's just a fact. If you are a small fish, like myself, you will be wise to buy back in now. Ideally you bought back in when it was around 186,500 and there were some tasty sells on offer, but it is not too late. The way the manipulators in charge of this particular coin's price direction seem to function is very much based on the performance of Blackcoin and Darkcoin and interestingly Bitcoin itself. You can get an indicator of where XC is going to go based on the rise or fall of those three coins. We discussed a few weeks ago how it is generally the same Bitcoin being moved about various coins, one goes up - the whales cash out - then they start slowly buying up their next target before they place a mammoth 100+ BTC buy wall and let others pump it up for them. The only way to be a successful small trader is to anticipate their next pump, and it is not as hard as people make out. Look for seemingly random, medium sized buy orders ABOVE the market price spread about 2 or 3 hours apart over the space of 24 hours or more. E.g. the last sell price is 190,000 - someone buys 10 BTC up to 193,000 before the price drops back down to 190.000 again. You may think to yourself "Huh, some fool just paid more than they needed to!" - but in reality they are the smart ones. You see they KNOW the target of the next pump, it is always a coordinated effort between the whales to ensure maximum profit among themselves - its bad for business to be fighting each other - they may give the appearance that they are fighting each other but really they are just trying to get you to move in one way or another. If you see this sort of order over the space of 24 hours, take all of them and look at the highest price they bought at for each order - average it - then add on 50% to that (the observed amount a coin seems to pump before the dumping occurs - it is the point where two forces meet - the buyer feels confident that the coin has risen to much to crash and must be a sign its about to "go to the moon" - the seller feels confident that a 50% profit is worth selling 100% of their stash.). Now back track 10%. Between 40 and 50% the whales have quietly been dumping their coins on the buyers who buy without any regard to common sense - they are blinded by greed and will munch through thousands of dollars worth of coins in seconds. By the time the price rises 50% the whales have all but removed themselves from the market and the little fish begin to take their profit. This tips the balance and the coin starts to go down. Without the whales to pump the buys up with massive walls the ordinary buyer gets scared and removes their buy order completely - it happens very suddenly but it causes a 20-25% fall in price within 60 seconds more often than not. Then people foolishly think its just a correction and starting buying again - this slows the descent but doesnt change the downward trend - the coin MUST go back to around the level it was when the whales first started buying with an additional 10% added on. One of the side effects of a pump is that the resulting stable price is usually around 10% higher than the previous. There are what I would call "Super Pumps" whereby the target is set 2 to 500% above the current price - We saw this with Pandacoin, Karmacoin, Blackcoin, Dogecoin, XC, DRK etc. - You generally will only get one shot at this as it relies on a very low marketcap - once a coins starts to get into the 10s of millions of dollars it becomes far harder to pump up 500% - but the sweetspot is aorund $150-500,000. Rest assured however, a super pump is followed by a super dump as seen in every single coin that has ever been pumped up - even Bitcoin and Litecoin themselves. Ultimately just watch the market - thats my advice to you - and I don't mean watch the price - i mean watch the behaviour, what KIND of buys and sells are we seeing? What is the volume and price of each order? what space are they apart? what timezone do they most correlate to? what coin experienced a sell order of similar quantity to the buy order just observed? for example. Have fun! You have my full attention! Thank you !!! |
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CatKiwi
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June 03, 2014, 01:29:30 AM |
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thanks Catkiwi ,are you a professiionnal trader ?
if so can you make some technical analyse sometime, its always interresting to see how its going behind number (perhaps with graph) ?
Not a professional, but it is how I make my Bitcoin. Since October 2013. I will tell you this - Expect to see some sell walls out of now which appear maybe once or twice per hour - these are attempts to induce holders to dump coins into the sell wall owners buy orders. The coin is going to test 0.03 in the next 24 hours. Not because of any amazing dev work, or community efforts, but because there is a tidy profit to be made in buying a coin cheaply (as it is now) and pumping it up 50% - It's just a fact. If you are a small fish, like myself, you will be wise to buy back in now. Ideally you bought back in when it was around 186,500 and there were some tasty sells on offer, but it is not too late. The way the manipulators in charge of this particular coin's price direction seem to function is very much based on the performance of Blackcoin and Darkcoin and interestingly Bitcoin itself. You can get an indicator of where XC is going to go based on the rise or fall of those three coins. We discussed a few weeks ago how it is generally the same Bitcoin being moved about various coins, one goes up - the whales cash out - then they start slowly buying up their next target before they place a mammoth 100+ BTC buy wall and let others pump it up for them. The only way to be a successful small trader is to anticipate their next pump, and it is not as hard as people make out. Look for seemingly random, medium sized buy orders ABOVE the market price spread about 2 or 3 hours apart over the space of 24 hours or more. E.g. the last sell price is 190,000 - someone buys 10 BTC up to 193,000 before the price drops back down to 190.000 again. You may think to yourself "Huh, some fool just paid more than they needed to!" - but in reality they are the smart ones. You see they KNOW the target of the next pump, it is always a coordinated effort between the whales to ensure maximum profit among themselves - its bad for business to be fighting each other - they may give the appearance that they are fighting each other but really they are just trying to get you to move in one way or another. If you see this sort of order over the space of 24 hours, take all of them and look at the highest price they bought at for each order - average it - then add on 50% to that (the observed amount a coin seems to pump before the dumping occurs - it is the point where two forces meet - the buyer feels confident that the coin has risen to much to crash and must be a sign its about to "go to the moon" - the seller feels confident that a 50% profit is worth selling 100% of their stash.). Now back track 10%. Between 40 and 50% the whales have quietly been dumping their coins on the buyers who buy without any regard to common sense - they are blinded by greed and will munch through thousands of dollars worth of coins in seconds. By the time the price rises 50% the whales have all but removed themselves from the market and the little fish begin to take their profit. This tips the balance and the coin starts to go down. Without the whales to pump the buys up with massive walls the ordinary buyer gets scared and removes their buy order completely - it happens very suddenly but it causes a 20-25% fall in price within 60 seconds more often than not. Then people foolishly think its just a correction and starting buying again - this slows the descent but doesnt change the downward trend - the coin MUST go back to around the level it was when the whales first started buying with an additional 10% added on. One of the side effects of a pump is that the resulting stable price is usually around 10% higher than the previous. There are what I would call "Super Pumps" whereby the target is set 2 to 500% above the current price - We saw this with Pandacoin, Karmacoin, Blackcoin, Dogecoin, XC, DRK etc. - You generally will only get one shot at this as it relies on a very low marketcap - once a coins starts to get into the 10s of millions of dollars it becomes far harder to pump up 500% - but the sweetspot is aorund $150-500,000. Rest assured however, a super pump is followed by a super dump as seen in every single coin that has ever been pumped up - even Bitcoin and Litecoin themselves. Ultimately just watch the market - thats my advice to you - and I don't mean watch the price - i mean watch the behaviour, what KIND of buys and sells are we seeing? What is the volume and price of each order? what space are they apart? what timezone do they most correlate to? what coin experienced a sell order of similar quantity to the buy order just observed? for example. Have fun! Damn, well said. How far could Xc go? Impossible to tell - what can be guessed reasonably accurately however is the amount a coin will be rise in one 'leg up' before the next round of dumping begins. I would not recommend holding this coin as an investment - but I would 100% recommend trading on the volatility. There is much Bitcoin to be made in buying low and selling high, especially when the highs and lows are quite close together, sometimes 2 cycles in a single day. Remember Blackcoin however, that coin was 'supposed' to be worth more than Litecoin in the future - that will never happen. It only takes one dev to leave in a hurry, or a hacker to steal coins en masse, for a coin to go from being worth $10 to under $1 in no time. The most incredible scam of all time was ThePandaCoin - That coin was dumped from 33 Satoshi to 1 Satoshi in one go - While some saw it coming, too many did not and sadly lost a fortune. My advice to those who want to make a reliable income from crytocurrency is to do what I do currently - I start the day with X coins - I buy and sell to a profit - at the end of the day I may have X + 100 coins - I then sell those 100 coins at market value and cash the Bitcoin into my 'Savings' wallet. By doing that I keep the number of coins I hold steady and make a regular, daily income of Bitcoin in the process. If the coin doubles overnight - fantastic! But if it crashes 80%? Thats fine too - I can trade on the downswing and sell the coins I made at the end of the day as usual. Where I may have made 100 coins on an uptrending market, I can make 200 or more on a market that has crash 80% due to the spikes up and down. It all evens out to a nice little sum of BTC each day. You wont become a millionaire overnight, but if you trade with your head and not your heart you should be able to make around 5%-10% of your portfolio in Bitcoin per day if the market is one of high volume up and down. After a month that Bitcoin savings wallet will hopefully be larger than your initial investment into whatever coin you originally bought - that is when you can relax the nerves, the coin could crash to 0 and you would be no worse off. Hope some of that is useful to you or anyone else! |
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almond
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June 03, 2014, 01:30:06 AM |
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ATCsecure can u plz explain how it is prevented from a mixer stealing coins during this beta wallet?
a mixer on its own can't steal coins, but with out the REV2 trust system and multi-path there is a potential risk of loosing coins through a bad node. I have setup "hardened" servers for testing, PM for details Is a "bad node" one that has a technical malfunction, or one that is operated with evil intent ? |
Freedom of the press is guaranteed only to those who own one
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atcsecure
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June 03, 2014, 01:34:55 AM |
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ATCsecure can u plz explain how it is prevented from a mixer stealing coins during this beta wallet?
a mixer on its own can't steal coins, but with out the REV2 trust system and multi-path there is a potential risk of loosing coins through a bad node. I have setup "hardened" servers for testing, PM for details Is a "bad node" one that has a technical malfunction, or one that is operated with evil intent ? Either one, as I stated I have setup some secure servers for testing and personally guarantee that those servers work as advertised, PM me for details |
Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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