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bitcad4u
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June 28, 2014, 12:33:09 AM |
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yes we all know DRK coin is super pre mined.. yet no dark people give 2 shits... ohwell.
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SushiChef
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June 28, 2014, 12:35:00 AM |
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note to self: don't feed the trolls
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illodin
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June 28, 2014, 12:37:30 AM |
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As a traditional investment professional
Say a coin has a $40 million market cap,
It will take another $40 million to double the price
note to self: don't feed the trolls
I always thought it takes special kind of logic to believe in XC. |
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ssmc2
Legendary
 Offline
Activity: 2002
Merit: 1040
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June 28, 2014, 12:38:13 AM |
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It amazes me we are still below 150k (not that I mind the cheap coins of course). Is some one/group keeping the price down you think or what?
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ballzdeep
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June 28, 2014, 12:39:07 AM |
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If you want cheap XC put buy order at bittrex..
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Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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illodin
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June 28, 2014, 12:54:16 AM |
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Im only wondering why a prominent holder of a different coin only here to disrupt the thread. If you gave some argumentation along with your "huh" maybe you get some back!
"huh" = Someone calling himself an investment professional claiming it takes an equal amount of money to marketcap to double the price. What do you think would happen to the price of the discreetly unnamed $40MM marketcap coin, if someone started buying it up with another $40MM. The price would 5x at minimum. |
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pratico
Newbie
Offline
Activity: 28
Merit: 0
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June 28, 2014, 01:00:07 AM |
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Recent Announcements: (organized for any who missed them) XC Roadmap (short-term):http://xc-official.com/XCPlatform/XC-Short-Term-Roadmap.pdf"You'll find some big news in here. The ingenuity of our development team has resulted in a trustless multi-path solution, which I'm sure you'll find to your taste. You'll also find less momentous news, like the fact that XC's development plan is rationalised into successive steps: first xnodes, then multipath, then TOR, then secure private messaging, then UI, branding, and documentation, culminating in the official launch of XC." ***REV2 Release date: July 7th, 2014 (10 days from now)***
XC TOR Stick!Yes, the XC wallet is now ultraportable and has TOR to obfuscate your IP address. Privacy just got even more private. Press release:http://xc-official.com/XCPlatform/xc-tor-stick/14-06-25_Press_release-XC_TOR_Stick.pdf
Official XC Multipool:http://www.hashevolved.com/(supports scrypt, x11, sha256) |
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Filthy
Newbie
Offline
Activity: 36
Merit: 0
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June 28, 2014, 01:01:04 AM |
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my stake finally started 3 days ago, it made 2 minting transactions and hasnt had another one since.. what happend, nothing is changed. do I need to be worried about all the stake meat i'm losing? or is this just a hiccup?
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SushiChef
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June 28, 2014, 01:01:47 AM |
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"huh" =
Someone calling himself an investment professional claiming it takes an equal amount of money to marketcap to double the price.
What do you think would happen to the price of the discreetly unnamed $40MM marketcap coin, if someone started buying it up with another $40MM. The price would 5x at minimum.
I always advice people to take MOON stories with a grain of salt. Serious investors know BS or not and people trusting someone else his word over own investigation should not trade at all! And I also like you showing interest in XC community! you hold a little bag? |
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qawzsx
Sr. Member
Offline
Activity: 280
Merit: 250
NOT FUD! FACTS!
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June 28, 2014, 01:09:15 AM |
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Im only wondering why a prominent holder of a different coin only here to disrupt the thread. If you gave some argumentation along with your "huh" maybe you get some back!
"huh" = Someone calling himself an investment professional claiming it takes an equal amount of money to marketcap to double the price. What do you think would happen to the price of the discreetly unnamed $40MM marketcap coin, if someone started buying it up with another $40MM. The price would 5x at minimum. Shush back to your scam-coin, developed by a scammer... It takes that much ignorance to blindly support that kind of coin... The dev insta-mining 2kk coins, and he goes saying... "mmm...so look, I'm open about it...trust me now..." |
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therightmintality
Member
Offline
Activity: 98
Merit: 10
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June 28, 2014, 01:27:26 AM |
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As a traditional investment professional
Say a coin has a $40 million market cap,
It will take another $40 million to double the price
note to self: don't feed the trolls
I always thought it takes special kind of logic to believe in XC. I don't like to feed the trolls but feel the need to respond as we will continue to have some folks from other coins reading through this forum. As someone with a Masters in Econ and Finance let me help you understand. Example: I will do this with easy round numbers for your benefit. If a coin with all coins in circulation, like XC, had a Market Cap of 1000 with 100 coins and the price being 10, it would hit a 2000 Market Cap when the price reached 20. Therefore doubling in price. Are you with me so far? If a coin, like dark, with continued mining, had a market cap of 1000 with 100 coins and a price of 10, would hit the market cap of 2000 with 120 coins and a price of 16.66667. Less than double. If you reread my post this is called dilution. Just like the M1 money supply. You increase the supply of money, by printing dollars, the value eventually goes down. Thanks for taking the bait... |
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CryptoGretzky
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June 28, 2014, 01:29:16 AM |
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As a traditional investment professional
Say a coin has a $40 million market cap,
It will take another $40 million to double the price
note to self: don't feed the trolls
I always thought it takes special kind of logic to believe in XC. What type of logic does it take for DRK people to believe that 40% instamine by the dev doesn't matter? LOL |
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evtrmm
Sr. Member
Offline
Activity: 392
Merit: 250
So much for "Community"
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June 28, 2014, 01:30:44 AM |
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Im only wondering why a prominent holder of a different coin only here to disrupt the thread. If you gave some argumentation along with your "huh" maybe you get some back!
"huh" = Someone calling himself an investment professional claiming it takes an equal amount of money to marketcap to double the price. What do you think would happen to the price of the discreetly unnamed $40MM marketcap coin, if someone started buying it up with another $40MM. The price would 5x at minimum. Shush back to your scam-coin, developed by a scammer... It takes that much ignorance to blindly support that kind of coin... The dev insta-mining 2kk coins, and he goes saying... "mmm...so look, I'm open about it...trust me now..." "And I only dumped so many on the market, and look at me - http://www.youtube.com/watch?v=uBgIlaTC0vo" |
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qawzsx
Sr. Member
Offline
Activity: 280
Merit: 250
NOT FUD! FACTS!
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June 28, 2014, 01:37:04 AM |
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Im only wondering why a prominent holder of a different coin only here to disrupt the thread. If you gave some argumentation along with your "huh" maybe you get some back!
"huh" = Someone calling himself an investment professional claiming it takes an equal amount of money to marketcap to double the price. What do you think would happen to the price of the discreetly unnamed $40MM marketcap coin, if someone started buying it up with another $40MM. The price would 5x at minimum. Shush back to your scam-coin, developed by a scammer... It takes that much ignorance to blindly support that kind of coin... The dev insta-mining 2kk coins, and he goes saying... "mmm...so look, I'm open about it...trust me now..." "And I only dumped so many on the market, and look at me - http://www.youtube.com/watch?v=uBgIlaTC0vo" +1 |
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illodin
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June 28, 2014, 01:46:54 AM |
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As a traditional investment professional
Say a coin has a $40 million market cap,
It will take another $40 million to double the price
note to self: don't feed the trolls
I always thought it takes special kind of logic to believe in XC. I don't like to feed the trolls but feel the need to respond as we will continue to have some folks from other coins reading through this forum. As someone with a Masters in Econ and Finance let me help you understand. Example: I will do this with easy round numbers for your benefit. If a coin with all coins in circulation, like XC, had a Market Cap of 1000 with 100 coins and the price being 10, it would hit a 2000 Market Cap when the price reached 20. Therefore doubling in price. Are you with me so far? If a coin, like dark, with continued mining, had a market cap of 1000 with 100 coins and a price of 10, would hit the market cap of 2000 with 120 coins and a price of 16.66667. Less than double. If you reread my post this is called dilution. Just like the M1 money supply. You increase the supply of money, by printing dollars, the value eventually goes down. Thanks for taking the bait... Someone calling himself an investment professional claiming it takes an equal amount of money to marketcap to double the price.
What do you think would happen to the price of the discreetly unnamed $40MM marketcap coin, if someone started buying it up with another $40MM. The price would 5x at minimum.
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pratico
Newbie
Offline
Activity: 28
Merit: 0
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June 28, 2014, 01:53:21 AM |
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As a traditional investment professional
Say a coin has a $40 million market cap,
It will take another $40 million to double the price
note to self: don't feed the trolls
I always thought it takes special kind of logic to believe in XC. I don't like to feed the trolls but feel the need to respond as we will continue to have some folks from other coins reading through this forum. As someone with a Masters in Econ and Finance let me help you understand. Example: I will do this with easy round numbers for your benefit. If a coin with all coins in circulation, like XC, had a Market Cap of 1000 with 100 coins and the price being 10, it would hit a 2000 Market Cap when the price reached 20. Therefore doubling in price. Are you with me so far? If a coin, like dark, with continued mining, had a market cap of 1000 with 100 coins and a price of 10, would hit the market cap of 2000 with 120 coins and a price of 16.66667. Less than double. If you reread my post this is called dilution. Just like the M1 money supply. You increase the supply of money, by printing dollars, the value eventually goes down. Thanks for taking the bait... Someone calling himself an investment professional claiming it takes an equal amount of money to marketcap to double the price.
What do you think would happen to the price of the discreetly unnamed $40MM marketcap coin, if someone started buying it up with another $40MM. The price would 5x at minimum.
Illodin, let me help you out, since you still seem to be confused. Market cap = current price x total supply. If Illodin is an accurate representation of the drk community... It all makes so much sense now |
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phosphorush
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June 28, 2014, 01:55:13 AM |
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Recent Announcements: (organized for any who missed them) XC Roadmap (short-term):http://xc-official.com/XCPlatform/XC-Short-Term-Roadmap.pdf"You'll find some big news in here. The ingenuity of our development team has resulted in a trustless multi-path solution, which I'm sure you'll find to your taste. You'll also find less momentous news, like the fact that XC's development plan is rationalised into successive steps: first xnodes, then multipath, then TOR, then secure private messaging, then UI, branding, and documentation, culminating in the official launch of XC." ***REV2 Release date: July 7th, 2014 (10 days from now)***
XC TOR Stick!Yes, the XC wallet is now ultraportable and has TOR to obfuscate your IP address. Privacy just got even more private. Press release:http://xc-official.com/XCPlatform/xc-tor-stick/14-06-25_Press_release-XC_TOR_Stick.pdf
Official XC Multipool:http://www.hashevolved.com/(supports scrypt, x11, sha256)+1 |
Your account locked, please contact support.
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illodin
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June 28, 2014, 02:04:53 AM |
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Illodin, let me help you out, since you still seem to be confused. Market cap = current price x total supply.
No shit Sherlock. Read what he says: Say a coin has a $40 million market cap,
It will take another $40 million to double the priceWhat do you think would happen to the price of the discreetly unnamed $40MM marketcap coin, if someone started buying it up with another $40MM. The price would 5x at minimum. |
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pratico
Newbie
Offline
Activity: 28
Merit: 0
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June 28, 2014, 02:10:46 AM |
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Illodin, let me help you out, since you still seem to be confused. Market cap = current price x total supply.
No shit Sherlock. Read what he says: Say a coin has a $40 million market cap,
It will take another $40 million to double the priceWhat do you think would happen to the price of the discreetly unnamed $40MM marketcap coin, if someone started buying it up with another $40MM. The price would 5x at minimum. lololol are you being serious right now? it is clear from his original context that he means another 40 million in [market cap] to double the price. he even gave you a nice & simple example -- you especially should have been able to gather what he meant after that. go buy more DRK. |
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illodin
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June 28, 2014, 02:21:56 AM |
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Illodin, let me help you out, since you still seem to be confused. Market cap = current price x total supply.
No shit Sherlock. Read what he says: Say a coin has a $40 million market cap,
It will take another $40 million to double the priceWhat do you think would happen to the price of the discreetly unnamed $40MM marketcap coin, if someone started buying it up with another $40MM. The price would 5x at minimum. lololol are you being serious right now? it is clear from his original context that he means another 40 million in [market cap] to double the price. he even gave you a nice & simple example -- you especially should have been able to gather what he meant after that. go buy more DRK. loolllolll it's like saying if I want a blue house I have to use blue paint. lol? |
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