KimmyF
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July 21, 2014, 05:57:38 PM |
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They probably bought in on a competitor coin and accumulated much more than they have in XC, however they still hold a substancial amount of XC. XC's price may severely limit their profit margin if they were to buy back in and accumulate more ATM. Because they probably acquired the competitor's coin for next to nothing, they will do everything they can to keep XC's price low which may divert more investors to their coin and increase the potential for profit
+1. This is a solid rationale. Important that it doesn't necessitate a competitor either. Let's help the ol' dumper out by giving him some nice solid support. There's no better way to get drain his funds, get cheap coins, and remove obstacles to the inevitable ascent of XC. Well, the way I see is that almost all of the alts saw a decent 10% decline on average in the last 2 days. My guess would be that there is an upcoming BTC breakout on the way above the 654 resistance area and as trends dictate, they will be hopping on the BTC train for quick profit. That would be sweet. Thing is, holding XC effectively means holding BTC since BTC will be mostly traded against USD and CNY. So by holding XC we all stand to profit from BTC's upcoming bubble. Agreed. The only thing that worries me is the lack of volume on Mintpal since the VeriCoin attack. But, let's hope, traders attract more traders like virus comes to fruition soon enough. I would only worry about the low MP volume if i worked there, lets face it, people lost a lot of trust in them. withdraw a lot of coins & started trading elsewhere. Personal see no link with XC
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policymaker
Full Member
Offline
Activity: 210
Merit: 100
Crypto Currency Supporter
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July 21, 2014, 05:58:59 PM |
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I don't like XC green candles. It means im losing time on buying more XC.
Btw I think Teka needs to fix the new content problem in forum asap, it is a serious deterrent in using the forum :/
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braxx
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July 21, 2014, 06:01:00 PM |
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They probably bought in on a competitor coin and accumulated much more than they have in XC, however they still hold a substancial amount of XC. XC's price may severely limit their profit margin if they were to buy back in and accumulate more ATM. Because they probably acquired the competitor's coin for next to nothing, they will do everything they can to keep XC's price low which may divert more investors to their coin and increase the potential for profit
+1. This is a solid rationale. Important that it doesn't necessitate a competitor either. Let's help the ol' dumper out by giving him some nice solid support. There's no better way to get drain his funds, get cheap coins, and remove obstacles to the inevitable ascent of XC. Well, the way I see is that almost all of the alts saw a decent 10% decline on average in the last 2 days. My guess would be that there is an upcoming BTC breakout on the way above the 654 resistance area and as trends dictate, they will be hopping on the BTC train for quick profit. That would be sweet. Thing is, holding XC effectively means holding BTC since BTC will be mostly traded against USD and CNY. So by holding XC we all stand to profit from BTC's upcoming bubble. Agreed. The only thing that worries me is the lack of volume on Mintpal since the VeriCoin attack. But, let's hope, traders attract more traders like virus comes to fruition soon enough. I would only worry about the low MP volume if i worked there, lets face it, people lost a lot of trust in them. withdraw a lot of coins & started trading elsewhere. Personal see no link with XC mintpal is were the most xc's are traded it is 10x more than bittrex (wich is second) source: https://coinmarketcap.com/currencies/volume/24-hour/#xcurrency
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merk475
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July 21, 2014, 06:01:24 PM |
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Man.....I feel the need to keep buying up XC. I ran out of BTC this morning (officially), and I've been wondering for the last few hours what I should do. I'm thinking about decreasing a long-term hold by 50%, to put into XC. I hate to say it, but since I've started accumilating XC, my other long-term crypto assets just haven't looked the same. They feel very expendable.
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KimmyF
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July 21, 2014, 06:03:00 PM |
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They probably bought in on a competitor coin and accumulated much more than they have in XC, however they still hold a substancial amount of XC. XC's price may severely limit their profit margin if they were to buy back in and accumulate more ATM. Because they probably acquired the competitor's coin for next to nothing, they will do everything they can to keep XC's price low which may divert more investors to their coin and increase the potential for profit
+1. This is a solid rationale. Important that it doesn't necessitate a competitor either. Let's help the ol' dumper out by giving him some nice solid support. There's no better way to get drain his funds, get cheap coins, and remove obstacles to the inevitable ascent of XC. Well, the way I see is that almost all of the alts saw a decent 10% decline on average in the last 2 days. My guess would be that there is an upcoming BTC breakout on the way above the 654 resistance area and as trends dictate, they will be hopping on the BTC train for quick profit. That would be sweet. Thing is, holding XC effectively means holding BTC since BTC will be mostly traded against USD and CNY. So by holding XC we all stand to profit from BTC's upcoming bubble. Agreed. The only thing that worries me is the lack of volume on Mintpal since the VeriCoin attack. But, let's hope, traders attract more traders like virus comes to fruition soon enough. I would only worry about the low MP volume if i worked there, lets face it, people lost a lot of trust in them. withdraw a lot of coins & started trading elsewhere. Personal see no link with XC mintpal is were the most xc's are traded it is 10x more than bittrex (wich is second) source: https://coinmarketcap.com/currencies/volume/24-hour/#xcurrencyDo you have historical data, eg mp volume last month?
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policymaker
Full Member
Offline
Activity: 210
Merit: 100
Crypto Currency Supporter
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July 21, 2014, 06:03:45 PM |
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Man.....I feel the need to keep buying up XC. I ran out of BTC this morning (officially), and I've been wondering for the last few hours what I should do. I'm thinking about decreasing a long-term hold by 50%, to put into XC. I hate to say it, but since I've started accumilating XC, my other long-term crypto assets just haven't looked the same. They feel very expendable.
You have answered your own question m8. Let me suggest, if 50% is the threshold for you, if I suggest you do 20 or 40% conversion, it wouldn't hurt you the least, by your standards!
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braxx
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July 21, 2014, 06:10:14 PM |
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I would only worry about the low MP volume if i worked there, lets face it, people lost a lot of trust in them. withdraw a lot of coins & started trading elsewhere. Personal see no link with XC mintpal is were the most xc's are traded it is 10x more than bittrex (wich is second) source: https://coinmarketcap.com/currencies/volume/24-hour/#xcurrencyDo you have historical data, eg mp volume last month? I guess you can find that here: https://bitcoinwisdom.com/markets/mintpal/xcbtcchoose 1 day interval in settings set volume currency in (quote)BTC
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Artoodeetoo
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July 21, 2014, 06:12:59 PM |
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Man.....I feel the need to keep buying up XC. I ran out of BTC this morning (officially), and I've been wondering for the last few hours what I should do. I'm thinking about decreasing a long-term hold by 50%, to put into XC. I hate to say it, but since I've started accumilating XC, my other long-term crypto assets just haven't looked the same. They feel very expendable.
see it as a flight to quality. im in same boat as you, didn't think i would get to buy more at 148. The current prices are silly.
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DASH #DashDC #DashIntoDigitalCash
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 21, 2014, 06:18:22 PM |
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Man.....I feel the need to keep buying up XC. I ran out of BTC this morning (officially), and I've been wondering for the last few hours what I should do. I'm thinking about decreasing a long-term hold by 50%, to put into XC. I hate to say it, but since I've started accumilating XC, my other long-term crypto assets just haven't looked the same. They feel very expendable.
see it as a flight to quality. im in same boat as you, didn't think i would get to buy more at 148. The current prices are silly. Nice. I'd say do it. Prices are at the low point of the ascending trendline. Best time ever.
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Co-Founder, the Blocknet
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mr_random
Legendary
Offline
Activity: 1344
Merit: 1001
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July 21, 2014, 06:20:32 PM |
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Upvoted and commented
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 21, 2014, 06:28:03 PM |
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Man.....I feel the need to keep buying up XC. I ran out of BTC this morning (officially), and I've been wondering for the last few hours what I should do. I'm thinking about decreasing a long-term hold by 50%, to put into XC. I hate to say it, but since I've started accumilating XC, my other long-term crypto assets just haven't looked the same. They feel very expendable.
see it as a flight to quality. im in same boat as you, didn't think i would get to buy more at 148. The current prices are silly. Nice. I'd say do it. Prices are at the low point of the ascending trendline. Best time ever. There's even a friendly little sell wall hanging around for your benefit.
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Co-Founder, the Blocknet
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holyprofit
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July 21, 2014, 06:30:24 PM |
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Upvoted and commented The potential is massive for this coin with encrypted/trustless messaging/skyping and now Snowden on board too. "Trustless" is what he's talking about.
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 21, 2014, 06:35:14 PM |
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Upvoted and commented The potential is massive for this coin with encrypted/trustless messaging/skyping and now Snowden on board too. "Trustless" is what he's talking about. Well, I wouldn't say he's on board since we haven't heard from him. But hey, trustless is our game. We'd love to talk with him over XChat though. Bring it on!
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Co-Founder, the Blocknet
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holyprofit
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July 21, 2014, 06:37:33 PM |
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Upvoted and commented The potential is massive for this coin with encrypted/trustless messaging/skyping and now Snowden on board too. "Trustless" is what he's talking about. Well, I wouldn't say he's on board since we haven't heard from him. But hey, trustless is our game. We'd love to talk with him over XChat though. Bring it on! I thought I was joking - you tried to contact him!? Awesome!!
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merk475
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July 21, 2014, 06:42:53 PM |
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Man.....I feel the need to keep buying up XC. I ran out of BTC this morning (officially), and I've been wondering for the last few hours what I should do. I'm thinking about decreasing a long-term hold by 50%, to put into XC. I hate to say it, but since I've started accumilating XC, my other long-term crypto assets just haven't looked the same. They feel very expendable.
see it as a flight to quality. im in same boat as you, didn't think i would get to buy more at 148. The current prices are silly. Nice. I'd say do it. Prices are at the low point of the ascending trendline. Best time ever. There's even a friendly little sell wall hanging around for your benefit. That little sell wall is gone. I'll be hitting the exchange up tonight once I reload on some BTC from lesser caliber investment options
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GameStarter
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July 21, 2014, 06:59:27 PM |
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look like we bounced pretty hard on our support trend line, some bear have been burned as usual. i can't wait to see this new encrypted messaging release working Open source our old tech is a good idea, a lot of people have trust issue. Talking about the road map, we will be clearly overdelivered again with pre rev 3 UI in rev 2.5. Whould be great if we had some tech members testing the anonymity of our last annon transaction feature (mixer + multipath...). Our team doesn't set up a bounty yet but we can still put our tecnology at test with a "challenge " test phase. If we find a leak it would be great because our team would be able to fix it and improve XC before REV 3 final product. If we don't find anything it proove XC is already really strong even if it's not finished.
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XChat adress + Key: XVgjcg7tnFgkthL2hi4yvXiU66FWkZ Key: bjmK3SsiNEUC2VJkcEGTMRBmqYx3rXhxRh39BvbtpAof
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 21, 2014, 07:39:49 PM |
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Man.....I feel the need to keep buying up XC. I ran out of BTC this morning (officially), and I've been wondering for the last few hours what I should do. I'm thinking about decreasing a long-term hold by 50%, to put into XC. I hate to say it, but since I've started accumilating XC, my other long-term crypto assets just haven't looked the same. They feel very expendable.
see it as a flight to quality. im in same boat as you, didn't think i would get to buy more at 148. The current prices are silly. Nice. I'd say do it. Prices are at the low point of the ascending trendline. Best time ever. There's even a friendly little sell wall hanging around for your benefit. That little sell wall is gone. I'll be hitting the exchange up tonight once I reload on some BTC from lesser caliber investment options And look at that: that friendly sell wall is back to invite you upward. Very polite timing, sellers.
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Co-Founder, the Blocknet
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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July 21, 2014, 07:42:24 PM |
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look like we bounced pretty hard on our support trend line, some bear have been burned as usual. i can't wait to see this new encrypted messaging release working Open source our old tech is a good idea, a lot of people have trust issue. Talking about the road map, we will be clearly overdelivered again with pre rev 3 UI in rev 2.5. Whould be great if we had some tech members testing the anonymity of our last annon transaction feature (mixer + multipath...). Our team doesn't set up a bounty yet but we can still put our tecnology at test with a "challenge " test phase. If we find a leak it would be great because our team would be able to fix it and improve XC before REV 3 final product. If we don't find anything it proove XC is already really strong even if it's not finished. +1. We'd love some testers or well known devs to take a look at the code. It's old tech now, but hey, a month ago it was new tech. ;-) And yes, we did bounce off the support trendline, so XC is still ascending.
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Co-Founder, the Blocknet
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BrewCrewFan
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July 21, 2014, 08:00:08 PM |
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Open source our old tech is a good idea, a lot of people have trust issue. Talking about the road map, we will be clearly overdelivered again with pre rev 3 UI in rev 2.5.
No , its called people want to copy/paste the shit and then make another coin claiming all the great things about this coin with theirs, then pump it up/ run away with 10's of BTC in the process.
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_evolution_
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July 21, 2014, 08:04:41 PM |
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look like we bounced pretty hard on our support trend line, some bear have been burned as usual. i can't wait to see this new encrypted messaging release working Open source our old tech is a good idea, a lot of people have trust issue. Talking about the road map, we will be clearly overdelivered again with pre rev 3 UI in rev 2.5. Whould be great if we had some tech members testing the anonymity of our last annon transaction feature (mixer + multipath...). Our team doesn't set up a bounty yet but we can still put our tecnology at test with a "challenge " test phase. If we find a leak it would be great because our team would be able to fix it and improve XC before REV 3 final product. If we don't find anything it proove XC is already really strong even if it's not finished. +1. We'd love some testers or well known devs to take a look at the code. It's old tech now, but hey, a month ago it was new tech. ;-) And yes, we did bounce off the support trendline, so XC is still ascending. Do you think that you are talking to 5 years old idiots? The price is constantly dropping, and it will continue to. A wise man said it: "Talk is cheap". And you - the great PR mastermind - can do nothing against the facts, except to admit the fact that you are nothing but a complacent mouse. Remove this stump from the team, he does no good to XC.
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