[XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos

[philipvdlinde]

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!

The whales have tried to shakeout swingtraders 3 times now and they have failed everytime. The swingtraders are whats causing XC not to pump, simply because they will dump on every tiny profit they get, this really generates a lot of sell resistance and it makes pumping very very expensive for whales.

[dadon]

DRK just forked on Cryptsy....peopel gonna be pissed.... this could be what XC needed

Really?   Then they should change their symbol to FRK cause they fork so often??!   

But, seriously, link or source?

Go read cryptsy's tweets on cryptsy.com 

Vern said that market was paused cuz DRK forked. 

This idiot just sits on the DRK forum and bashes DRK with FUDs all day. There is no DRK fork today, that occurred on May 26th, learn to read dates.

and they have done great damage to our reputation with the tweets from there official twitter..so fuck DRK...and since ur so defensive of them..go back to them and stop commenting on this thread, haven't you dark supporters got a life, you protect ur investment by spreading shit and hanging out on competitors threads talking shit...your all seriously sad...u keep talking trash but we will out innovate u...drk is gone soon..so enjoy the glory while it lasts, i had dark, i sold drk, drk is over, it's just a matter of time, get over it

[jordanlcn]

Hi there Community.

Just want to add my 2 cents.  I'm in no way an expert but I'm probably closer to a novice. So I'm just basing it on what I see in my own wallet.

It seem that I'm getting stakes even with just my meager sum of XC (I mined a little late, when pools were just launching). What I noticed is that it averages around 10 days apart.  And it based coin maturity in your wallet and of course amount of mature coins.  As proof here is a screen shot of my transactions. As you would notice I got stakes in 9 days after my first coins arrived (5/11 - first coins show up, 5/20 first stake coins show up)

https://i.imgur.com/yAzTMkZ.jpg


So now I'm waiting for June 9-11 to see if my idea is correct.  Also note that my wallet is open on erratic times since its hosted on my personal home PC.  On Weekends I can have it open more than 24 hours, but on weekdays just a few hours a day.

Hope this post help people be at peace with the staking.  Note that I didn't activate xnode yet but I will in a few days on a dedicated server since I want to help development.  Thanks for the guide that should help.

[myxamop]

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?

When XC hits .1 BTC/XC, a 15 XC cost would be $1000+ per XNode

15 XC is a good starting point i believe as we have around 5.5 milions total coins so the price of the coin will definetly get very high and gives a chance for people that are here since the beginning and dont have a lot of coins as myself, maybe as you get more trust on the network you could invest more coins and thus be able to do more transactions and earn more $,that would be a good ideia

I got into mining 2 months ago and all the other coins i had i invested in XC, purchased+Pos mining got me around 50 XC, would have more if i didnt lose time and power on other crap and scam coins.

Now im multipooling to earn a little more.

Dan is a great dev and has been delivering as promised + improving the ideias at a incredible pace.

I followed the user guide and I am running my wallet as a Xnode with the reservebalance=100, how can I know if my xnode is working properly? Is there any way to verify whether my xnode is working properly or not?

+1 Dev, how to verify whether my xnode is working properly or not?

[guanchayuan]

DRK  NO  Open source,
 XC How to steal  DRK  The source code,people
 have no brain?


I NO DRK  NO XC BUT support  XC，
xc  Fair to dig out

DRK 1 day before half total output production


DRK dare open source?

[Wirly]

Does it matter if Xnode wallet is encrypted?

If I have 1000 Xc in wallet and set reservebalance=15 in config file, does that mean only 15 coins can be used for xnode and all others could be used for stake?

[mikemikemike]

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!

The whales have tried to shakeout swingtraders 3 times now and they have failed everytime. The swingtraders are whats causing XC not to pump, simply because they will dump on every tiny profit they get, this really generates a lot of sell resistance and it makes pumping very very expensive for whales.

The swings are necessary before we can breakout. Google 'Stocks Charts Descending Wedge' and zoom out to the 2H chart. This isn't traders causing this, this is completely natural, traders are just making money off of it before the price adjust up and down naturally.

If you google what I just told you too, you'll be pleasantly surprised knowing whats about to come.

[Wirly]

DRK  NO  Open source,
 XC How to steal  DRK  The source code,people
 have no brain?


I NO DRK  NO XC BUT support  XC，
xc  Fair to dig out

DRK 1 day before half total output production


DRK dare open source?

Dude I hope you don't drive as bad as you speak English... but I get what your saying:D

[jordanlcn]

DRK  NO  Open source,
 XC How to steal  DRK  The source code,people
 have no brain?


I NO DRK  NO XC BUT support  XC，
xc  Fair to dig out

DRK 1 day before half total output production


DRK dare open source?

Dude I hope you don't drive as bad as you speak English... but I get what your saying:D

Referring to the first poster

I also get what your saying but enough of the DRK this and DRK that.  Take the high road and only answer FUD and Skepticism with proper information, no comparisons needed. Cool?

[guanchayuan]

please  DRK   Open source

 

[guanchayuan]

DRK  NO  Open source,
 XC How to steal  DRK  The source code,people
 have no brain?


I NO DRK  NO XC BUT support  XC，
xc  Fair to dig out

DRK 1 day before half total output production


DRK dare open source?

Dude I hope you don't drive as bad as you speak English... but I get what your saying:D

Referring to the first poster

I also get what your saying but enough of the DRK this and DRK that.  Take the high road and only answer FUD and Skepticism with proper information, no comparisons needed. Cool?

please  DRK   Open source

[avw1982]

anyone want to 1XC bet we hit 0.003 today ?  I am confident we will.  First to comment on this with "bet accept" accepts my bet and enters into the bet agreement and owes me 1 XC at 10PM EST if price has hit 0.003 today.   Else I owe you 1XC at 10pm EST.  This may be the first bet XC has ever seen, be part of history!

It will stick at 0.00299 

so is this a bet accepted?

yep!

XYh8Y9Bbp39EvbtjMMc1Z51U6m2FfTwtR4   

Thanks 

[guanchayuan]

DRK  NO  Open source,
 XC How to steal  DRK  The source code,people
 have no brain?


I NO DRK  NO XC BUT support  XC，
xc  Fair to dig out

DRK 1 day before half total output production


DRK dare open source?

Dude I hope you don't drive as bad as you speak English... but I get what your saying:D

I NO DRK  NO XC  LOOK  DRK VS  XC   I  ha ha ha  

[peppo13]

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!

Thank you for taking your time to share your expertise, most people seem to just reached puberty. How do you think xc will stand against all other "anon" coins poppin up? Wont that influence as well (not just whales)?
Hope people get inspired by you and we all can share our knowledge and reach a fair balance, dont wanna see the cryptoworld be inspired by wall street haha

[mav137]

Guys, have a look here, we might be able to get some positive attention to XC
It's pretty high up in /r/bitcoin

http://www.reddit.com/r/Bitcoin/comments/2751e8/psa_dont_fall_for_darkcoins_deceiving_marketing/

[mikemikemike]

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!

Thank you for taking your time to share your expertise, most people seem to just reached puberty. How do you think xc will stand against all other "anon" coins poppin up? Wont that influence as well (not just whales)?
Hope people get inspired by you and we all can share our knowledge and reach a fair balance, dont wanna see the cryptoworld be inspired by wall street haha

Dude, I'm trying not to be an asshole here, but why he has posted an in depth peice, it's basis is completely incorrect. As a professional trader myself, none of this is price manipulation. Its called price discovery after a bubble. What's happening is completely natural and not caused by the effects he is stating. Traders know this and we profit hugely from it, what he's saying is to follow the whales, which is completely incorrect. You need to understand the market dynamics so you can beat the whales. And all because someone is a whale doesn't mean they know jack shit about what's going on, You might be following the completely wrong trend and get caught.

If you want to know what's happening right now, google 'stock charts descending wedge' and zoom out to the 2H chart which is when the bubble started to pop.

Us professional traders know how the market is going to react next without news. Learn too. You can follow the whales and make small amounts, but if you have large amounts you need liquidity, which means knowing what's coming next. If you get caught with a large amount in the wrong turn without liquidity to sell your screwed.

I advise you do some research on market dynamics, technical analysis, and both their importances on mass psychology, from there you'll not only be able to predict what the market is most likely going to be able to do next, you'll also be able to call out the waves off FUD before they even appear.

Anyways, Once you know that stuff inside out, you would have realised whats happening with the price has zero to do with manipulation, and any attempts at manipulation are extremely short lived and mostly futile.

Good luck.

[benthach]

Guys, have a look here, we might be able to get some positive attention to XC
It's pretty high up in /r/bitcoin

http://www.reddit.com/r/Bitcoin/comments/2751e8/psa_dont_fall_for_darkcoins_deceiving_marketing/

the article/post say DRK is just a copy of Bitcoin CoinJoin (eg: Bitcoin's Dark Wallet), so , this is where the name Dark coming from? I guessed so.
Basically DRK/darksend is just a copy of Dark Wallet and this is why the coder can't seem to fix any DRK problem. CoinJoin is still an experiment! This answer my question to why DRK instamined too much/half of their coins.

[phosphorush]

Your weight: 1308
Network weight: 8849
Reward Estimation: 10 min

Rewards won = 0

This is looking really shady

[avw1982]

If your running the run-xc-xnode-mainnet.bat, do you still need to unlock the wallet?

[jaft16]

Who's the idiot with that 40btc sell wall on Mp.
I'm getting tired of people just manipulating the market.
Just let it be FFS.
It looks to me as conspiracy against us because we are getting somewhere and certain coins don't like the fact we can archive big things.