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[megges]

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

https://en.bitcoin.it/wiki/Data_directory

add "-datadir=c:\yourdatadir"

have no xc client installed, but i guess its the way to do it, like in every other alt.

[atcsecure]

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

[brother3]

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 !!!

[CatKiwi]

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!

[almond]

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 ?

[atcsecure]

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

[stealth923]

"REV2 will have a solution to the bad actor problem.  Using a dynamic learning trust system"

Create Xnode - steal coins.

Shutdown Xnode - Move Coins to new Xnode

steal coins.

Shutdown Xnode - Move Coins to new Xnode

Rinse, repeat.


Cant wait to get started.

Lol, good luck with your uber hax skillz /facepalm

Can someone explain if that is a potential risk?

I know it's probably FUD, but it seems somewhat "logic", anyone to explain?

As I confirmed days ago but was told to shut-up because everyone wants to jump on the bullshit hype train.

If you implement a dynamic trust learning system - this is FLAWED.....how will you determine the rating of a brand new Xnode that comes online - it has NO HISTORY. Then coins can be stolen, the XNode shutdown and the process done over and over.

Go read the unmoderated XC thread - coins have already been lost being transferred through a mixer.

[103deltafox]

"REV2 will have a solution to the bad actor problem.  Using a dynamic learning trust system"

Create Xnode - steal coins.

Shutdown Xnode - Move Coins to new Xnode

steal coins.

Shutdown Xnode - Move Coins to new Xnode

Rinse, repeat.


Cant wait to get started.

Lol, good luck with your uber hax skillz /facepalm

Can someone explain if that is a potential risk?

I know it's probably FUD, but it seems somewhat "logic", anyone to explain?

As I confirmed days ago but was told to shut-up because everyone wants to jump on the bullshit hype train.

If you implement a dynamic trust learning system - this is FLAWED.....how will you determine the rating of a brand new Xnode that comes online - it has NO HISTORY. Then coins can be stolen, the XNode shutdown and the process done over and over.

Go read the unmoderated XC thread - coins have already been lost being transferred through a mixer.

Look who's back...Dark market close did it? 

[policymaker]

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!

im srsly jerking off to this post, super helpful

[brother3]

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!

im srsly jerking off to this post, super helpful

lol

The visual 

[CatKiwi]

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!

im srsly jerking off to this post, super helpful

Haha You're welcome my friend! At the end of the day if we put aside allegiances to this coin or that coin we are just ordinary folk trying to make a bit of money and I hope my experiences (some learned the hard way) help others make a few bucks and smooth the day to day ride we call life!

[almond]

im srsly jerking off to this post, super helpful
[/quote]

lol

The visual 
[/quote]

The Coins !
oh, yeah.

[103deltafox]

im srsly jerking off to this post, super helpful

lol

The visual  
[/quote]

The Coins !
oh, yeah.
[/quote]

Coin hits .03 - He dims the lights...

What a mess...LOL  

[Grifftech]

If anybody setup an XNODE on the old version before the user guide, you will need start with a fresh wallet, with 1 address.  Transfer the 15-20 XC's to that new wallet.   [so transfer money out, delete wallet.dat, transfer back in]

Also remember this software is still beta, so please report any bugs or issues.

thank you


ATCSECURE

I am sorry, atcsecure. But the directions are clear as mud to me. Do I need to keep my current up to date wallet running and have a second wallet for Xnode? Do I need to delete my current wallets wallet.dat or the new wallet.dats file? Which one do I transfer the XC out of and back in to? Sorry but I just want to make sure I am doing the correct process, I don't want to make any assumptions when it comes to my money

[Grifftech]

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!

im srsly jerking off to this post, super helpful

Awww man you hit me in the ear with your XC baby batter!!

[username here]

Just heard about the xnode thing.  How many XC do you need?  How do I set it up?

[Taner]

Just heard about the xnode thing.  How many XC do you need?  How do I set it up?

http://xc-official.com/XCPlatform/user_guides/Running-an_XNode.pdf

[Grifftech]

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!

im srsly jerking off to this post, super helpful

Making some "XCperm" huh?   I claim trademark rights to the name "XCperm" also

http://i1219.photobucket.com/albums/dd434/Grifftech/XCperm_zps08922c00.png

[username here]

Just heard about the xnode thing.  How many XC do you need?  How do I set it up?

http://xc-official.com/XCPlatform/user_guides/Running-an_XNode.pdf

Thank you.  So if I am reading this correctly, you only need 15 XC?  Doesn't that seem low?

[Taner]

Just heard about the xnode thing.  How many XC do you need?  How do I set it up?

http://xc-official.com/XCPlatform/user_guides/Running-an_XNode.pdf

Thank you.  So if I am reading this correctly, you only need 15 XC?  Doesn't that seem low?

Its beta. Wallet only allow send max 10 coins for xnode right now. 15 for xnode is fine.