wooder
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October 20, 2014, 04:49:34 PM |
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Figure it out guys...its not pure manipulation. Investors are confused about the direction xc is taking and they're selling off their coins. I'm not trying to be a naysayer but somebody has to tell it like it is. If you think its cheap buy more.
I doubt it. We're releasing news today explaining how massively beneficial the Blocknet will be. Also anyone who's looked at this forum over the past 5 days will have learned the value of the Blocknet already. Thing is this seems to happen every time before there is news.. It could be an investor anticipating bad news each time, but it doesnt make sense.
You're right: it doesn't make sense in terms of news. It's an oppressor. Yeah but the movement down was never that hard. We are now at the june price level. I doubt this is only manipulation and as it seems not everyone sees blocknet as something good because otherwise no one would sell that much coins right now
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synechist
Legendary
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To commodify ethicality is to ethicise the market
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October 20, 2014, 04:56:27 PM |
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Figure it out guys...its not pure manipulation. Investors are confused about the direction xc is taking and they're selling off their coins. I'm not trying to be a naysayer but somebody has to tell it like it is. If you think its cheap buy more.
I doubt it. We're releasing news today explaining how massively beneficial the Blocknet will be. Also anyone who's looked at this forum over the past 5 days will have learned the value of the Blocknet already. Thing is this seems to happen every time before there is news.. It could be an investor anticipating bad news each time, but it doesnt make sense.
You're right: it doesn't make sense in terms of news. It's an oppressor. Yeah but the movement down was never that hard. We are now at the june price level. I doubt this is only manipulation and as it seems not everyone sees blocknet as something good because otherwise no one would sell that much coins right now People know we're releasing news on the Blocknet later today. It's completely illogical to sell before that when we're stated that it'll clarify how awesome the Blocknet will be for XC.
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Co-Founder, the Blocknet
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reebokasss
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 20, 2014, 05:01:50 PM |
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Figure it out guys...its not pure manipulation. Investors are confused about the direction xc is taking and they're selling off their coins. I'm not trying to be a naysayer but somebody has to tell it like it is. If you think its cheap buy more.
I doubt it. We're releasing news today explaining how massively beneficial the Blocknet will be. Also anyone who's looked at this forum over the past 5 days will have learned the value of the Blocknet already. Thing is this seems to happen every time before there is news.. It could be an investor anticipating bad news each time, but it doesnt make sense.
You're right: it doesn't make sense in terms of news. It's an oppressor. Yeah but the movement down was never that hard. We are now at the june price level. I doubt this is only manipulation and as it seems not everyone sees blocknet as something good because otherwise no one would sell that much coins right now People know we're releasing news on the Blocknet later today. It's completely illogical to sell before that when we're stated that it'll clarify how awesome the Blocknet will be for XC. yes its illogical but someone are selling.. if you are saying that we will see how awesome Blocknet will be for XC so we would have to see nice pump after news today ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) but if the price will stay at 100k so i dont know :/
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policymaker
Full Member
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Crypto Currency Supporter
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October 20, 2014, 05:04:17 PM |
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Figure it out guys...its not pure manipulation. Investors are confused about the direction xc is taking and they're selling off their coins. I'm not trying to be a naysayer but somebody has to tell it like it is. If you think its cheap buy more.
I doubt it. We're releasing news today explaining how massively beneficial the Blocknet will be. Also anyone who's looked at this forum over the past 5 days will have learned the value of the Blocknet already. Thing is this seems to happen every time before there is news.. It could be an investor anticipating bad news each time, but it doesnt make sense.
You're right: it doesn't make sense in terms of news. It's an oppressor. Yeah but the movement down was never that hard. We are now at the june price level. I doubt this is only manipulation and as it seems not everyone sees blocknet as something good because otherwise no one would sell that much coins right now People know we're releasing news on the Blocknet later today. It's completely illogical to sell before that when we're stated that it'll clarify how awesome the Blocknet will be for XC. thats why I attached the pic, I wasnt trying to interpret the market or provide tips, I was merely describing just the way our XC market behaves the last month because of the small volume, we r fairly stable generally speaking, I believe a small pump and then dump again due to blocknet is to be expected. Or maybe not, because it involves other coins/communities as well... who knows ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 20, 2014, 05:05:47 PM |
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Figure it out guys...its not pure manipulation. Investors are confused about the direction xc is taking and they're selling off their coins. I'm not trying to be a naysayer but somebody has to tell it like it is. If you think its cheap buy more.
I doubt it. We're releasing news today explaining how massively beneficial the Blocknet will be. Also anyone who's looked at this forum over the past 5 days will have learned the value of the Blocknet already. Thing is this seems to happen every time before there is news.. It could be an investor anticipating bad news each time, but it doesnt make sense.
You're right: it doesn't make sense in terms of news. It's an oppressor. Yeah but the movement down was never that hard. We are now at the june price level. I doubt this is only manipulation and as it seems not everyone sees blocknet as something good because otherwise no one would sell that much coins right now People know we're releasing news on the Blocknet later today. It's completely illogical to sell before that when we're stated that it'll clarify how awesome the Blocknet will be for XC. yes its illogical but someone are selling.. if you are saying that we will see how awesome Blocknet will be for XC so we would have to see nice pump after news today ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) but if the price will stay at 100k so i dont know :/ Heh. The thing to do now is to buy. Prices are crazy low and someone's selling idiotically.
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Co-Founder, the Blocknet
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wooder
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 20, 2014, 05:07:46 PM |
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Figure it out guys...its not pure manipulation. Investors are confused about the direction xc is taking and they're selling off their coins. I'm not trying to be a naysayer but somebody has to tell it like it is. If you think its cheap buy more.
I doubt it. We're releasing news today explaining how massively beneficial the Blocknet will be. Also anyone who's looked at this forum over the past 5 days will have learned the value of the Blocknet already. Thing is this seems to happen every time before there is news.. It could be an investor anticipating bad news each time, but it doesnt make sense.
You're right: it doesn't make sense in terms of news. It's an oppressor. Yeah but the movement down was never that hard. We are now at the june price level. I doubt this is only manipulation and as it seems not everyone sees blocknet as something good because otherwise no one would sell that much coins right now People know we're releasing news on the Blocknet later today. It's completely illogical to sell before that when we're stated that it'll clarify how awesome the Blocknet will be for XC. yes its illogical but someone are selling.. if you are saying that we will see how awesome Blocknet will be for XC so we would have to see nice pump after news today ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) but if the price will stay at 100k so i dont know :/ Heh. The thing to do now is to buy. Prices are crazy low and someone's selling idiotically. cheap is relative, if the one(s) selling own more coins (which is very likely) the current price could also be high compared to the price in a few hours/days would be nice to have a time machine ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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WhiteNotWright
Full Member
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Fibre Knight
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October 20, 2014, 05:17:08 PM |
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Just stopping by from FIBRE and noticed the price was right, so thank you for allowing me to buy into XC cheap and join more into the blocknet club. Fancy day's ahead fellas.
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URSAY
Legendary
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Activity: 1946
Merit: 1000
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October 20, 2014, 05:17:23 PM |
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Figure it out guys...its not pure manipulation. Investors are confused about the direction xc is taking and they're selling off their coins. I'm not trying to be a naysayer but somebody has to tell it like it is. If you think its cheap buy more.
I doubt it. We're releasing news today explaining how massively beneficial the Blocknet will be. Also anyone who's looked at this forum over the past 5 days will have learned the value of the Blocknet already. Thing is this seems to happen every time before there is news.. It could be an investor anticipating bad news each time, but it doesnt make sense.
You're right: it doesn't make sense in terms of news. It's an oppressor. Yeah but the movement down was never that hard. We are now at the june price level. I doubt this is only manipulation and as it seems not everyone sees blocknet as something good because otherwise no one would sell that much coins right now People know we're releasing news on the Blocknet later today. It's completely illogical to sell before that when we're stated that it'll clarify how awesome the Blocknet will be for XC. The BlockNet is so far off in the future that I'm not sure everyone considers discussions about it "news". More importantly, the team should cover XCurrency's first feature that has been somewhat delivered, XChat. Report on the progress of XChat and set some realistic short term goals that the community can count on. Users have expressed these opinions here before. Perhaps they think you aren't listening so they are selling. Example... Idea or concept: In the future there will be flying cars and they will be AWESOME! We are going to build highways in the sky and everyone will want a flying car! Delivering news: Here is a flying car you can hold in your hand or a piece of that car which has already been manufactured. You can see it, touch it, and potentially use it on our test highway. We have taken an idea or concept and turned it into a reality. Proof of existence.
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laredo7mm
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 20, 2014, 05:19:07 PM |
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cheap is relative, if the one(s) selling own more coins (which is very likely) the current price could also be high compared to the price in a few hours/days would be nice to have a time machine ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I need that time machine. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I have had my exit points identified (high and low) since the initial pump of XC and have been holding my coins since I started mining a few hours after the launch of PoW. Unfortunately, the price is getting close to that low exit point for me. I would like to get some profit from crypto-currencies, but I set my low exit point at covering my cost of mining equipment and the electricity I used while mining (started almost one year ago). Everything is paid for, and it was money I could afford to lose, but I'm not sure I am willing to take a loss and hold forever. It scares me to see people saying that this is a "buying opportunity." I have seen that in many investments in the past and it only serves to temporarily pacify as the price continues to decline.
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synechist
Legendary
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Activity: 1190
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To commodify ethicality is to ethicise the market
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 20, 2014, 05:21:22 PM |
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Figure it out guys...its not pure manipulation. Investors are confused about the direction xc is taking and they're selling off their coins. I'm not trying to be a naysayer but somebody has to tell it like it is. If you think its cheap buy more.
I doubt it. We're releasing news today explaining how massively beneficial the Blocknet will be. Also anyone who's looked at this forum over the past 5 days will have learned the value of the Blocknet already. Thing is this seems to happen every time before there is news.. It could be an investor anticipating bad news each time, but it doesnt make sense.
You're right: it doesn't make sense in terms of news. It's an oppressor. Yeah but the movement down was never that hard. We are now at the june price level. I doubt this is only manipulation and as it seems not everyone sees blocknet as something good because otherwise no one would sell that much coins right now People know we're releasing news on the Blocknet later today. It's completely illogical to sell before that when we're stated that it'll clarify how awesome the Blocknet will be for XC. yes its illogical but someone are selling.. if you are saying that we will see how awesome Blocknet will be for XC so we would have to see nice pump after news today ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) but if the price will stay at 100k so i dont know :/ Heh. The thing to do now is to buy. Prices are crazy low and someone's selling idiotically. cheap is relative, if the one(s) selling own more coins (which is very likely) the current price could also be high compared to the price in a few hours/days would be nice to have a time machine ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Heh. Time travel is always the best trading strategy. :-) I think that no-one here considers the price to be realistic at present. This, to me, suggests that there'll be a lot of resistance to the price dropping much further - and probably only in wild idiotic single dumps like just now. So the thing to do is declare the price irrational - and declare it with your buy orders.
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Co-Founder, the Blocknet
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mig5000
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 20, 2014, 05:21:53 PM |
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BlockNet is still a concept and is an other 2-3 months + down the road isn't it ?
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synechist
Legendary
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To commodify ethicality is to ethicise the market
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October 20, 2014, 05:23:11 PM |
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Figure it out guys...its not pure manipulation. Investors are confused about the direction xc is taking and they're selling off their coins. I'm not trying to be a naysayer but somebody has to tell it like it is. If you think its cheap buy more.
I doubt it. We're releasing news today explaining how massively beneficial the Blocknet will be. Also anyone who's looked at this forum over the past 5 days will have learned the value of the Blocknet already. Thing is this seems to happen every time before there is news.. It could be an investor anticipating bad news each time, but it doesnt make sense.
You're right: it doesn't make sense in terms of news. It's an oppressor. Yeah but the movement down was never that hard. We are now at the june price level. I doubt this is only manipulation and as it seems not everyone sees blocknet as something good because otherwise no one would sell that much coins right now People know we're releasing news on the Blocknet later today. It's completely illogical to sell before that when we're stated that it'll clarify how awesome the Blocknet will be for XC. The BlockNet is so far off in the future that I'm not sure everyone considers discussions about it "news". More importantly, the team should cover XCurrency's first feature that has been somewhat delivered, XChat. Report on the progress of XChat and set some realistic short term goals that the community can count on. Users have expressed these opinions here before. Perhaps they think you aren't listening so they are selling. Example... Idea or concept: In the future there will be flying cars and they will be AWESOME! We are going to build highways in the sky and everyone will want a flying car! Delivering news: Here is a flying car you can hold in your hand or a piece of that car which has already been manufactured. You can see it, touch it, and potentially use it on our test highway. We have taken an idea or concept and turned it into a reality. Proof of existence. Ursay I get what you're saying and I think you're right to an extent: people love real, completed things. XChat received much hype when we released it (without group chat) and it worked flawlessly. We'll do so again very soon when we release XC Mobile.
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Co-Founder, the Blocknet
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hoertest
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 20, 2014, 05:23:50 PM |
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the dump at this point is illogical. its like the same person has gone from dumping on the news to slightly before to kill every possible momentum. Even if one doesn't get or wanna support the concept of blocknet and decided for that reason to invest elsewhere (who has better anon btw), he would have done last week. not minutes before further announcement after sitting through the whole weekend.
People probably mistake me for a bagholder since i'm mostly in xc thread but i'm far from this. I think privacy in decentralised manner will be more important than anything in the next years and XC still offers to me the best approach. by a landslide.
i'm not a daytrader and i didn' expect some pricemovements in the last couple of months but what i saw in xc price movement i hardly seen anywhere. part of it must be ideological or agenda driven. just convinced me personally more that i'm up to something with my anticipation of the role XC can play in the cryptosphere and beyond in the coming months , years.
Yes its not ready but i anticipate it to be and no other coin is even close to XC in regards to privacy. they are miles behind and all have weakpoints. and i openmindedly check every anoncoin around.i don't wanna discuss this here too since i'm not the type to spamm other threads with this view so just leave it.
I can'T promise anybody here that "big investors" are watching xc or that i have any inside information but if you think that privacy is important and for that reason you looking to invest into an anon coin, and i'm talken only anon tx here, XC is the best imo.
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synechist
Legendary
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To commodify ethicality is to ethicise the market
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October 20, 2014, 05:24:14 PM |
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BlockNet is still a concept and is an other 2-3 months + down the road isn't it ?
Yes it is (though the XBridge code is part-completed). ITO on 29 October. 10% off the share price when you buy with XC.
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Co-Founder, the Blocknet
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URSAY
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October 20, 2014, 05:24:18 PM |
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XChat received much hype when we released it (without group chat) and it worked flawlessly.
Seriously?
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policymaker
Full Member
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Crypto Currency Supporter
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October 20, 2014, 05:28:55 PM |
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XChat received much hype when we released it (without group chat) and it worked flawlessly.
Seriously? well, I would separate "flawlessly" from "optimally" at its core sense, but yeah it didn't involve any of the group chat client bugs we have been facing the last coule of days. I chatted with at least 4-5 different members through the group-less chat client and it was always instant, as well as featuring a crashless wallet.
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rdnkjdi
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October 20, 2014, 05:30:42 PM Last edit: October 20, 2014, 05:50:02 PM by rdnkjdi |
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It scares me to see people saying that this is a "buying opportunity." I have seen that in many investments in the past and it only serves to pacify as the price continues to decline.
I followed vertcoin from $1.10 down to $.30 before selling & was happy I did when it hit $.04. It's all perspective. Those early to the party have no risk and aren't stuck (like you). They can afford to sell at a profit or get out at break even. I think that no-one here considers the price to be realistic at present. This, to me, suggests that there'll be a lot of resistance to the price dropping much further - and probably only in wild idiotic single dumps like just now.
Those who have already purchased at a higher price naturally think the price being lower than what they valued it at is too low. The problem is - those making the market decisions in a bear market are potential buyers (vs a bull in which sellers do). These people view things different than hodlers do. People who view XC as undervalued now probably ran out of buying ammunition back when they thought it was at a discounted price (vs severely undervalued as they perceive it now) While the blocknet & supernet are interesting ideas from a theoretical standpoint crypto gets so little use that exchanging between coins to use a certain coins feature is almost unheard of. If I do druge deals, dipping in and out of any altcoin is going to cause massive massive slippage (like 20 - 50% of a $100K deal). So the anon feature is pretty much useless without volume. It's a bit like building an empty city. People using altcoins are not using them for their features - but speculating on their future. So to make it possible to use all altcoin features from a single integrated wallet for people who are all betting on their individual coins just doesn't process with me as something that will be a gamechanger. Edit: While I'm not exactly bullish on XC for a variety of reasons. The fact that the main developer will be sidetracked by developing this blocknet instead of focusing on getting everything working well on the main coin (debugging group chat, making solid releases for Mac/Linux (you guys sell a torstick for gods sake), releasing opensource code to get buy in of community) would make me suspect that he's running low on personal funds and needing an alternate funding source (blocknet ICO) which seems to follow the altcoin reviews. This would further concern me. Since the open sourcing & XC completion appears to be being put on the backburner for blocknet then price decline would make sense.
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synechist
Legendary
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Merit: 1000
To commodify ethicality is to ethicise the market
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October 20, 2014, 05:37:13 PM |
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It scares me to see people saying that this is a "buying opportunity." I have seen that in many investments in the past and it only serves to pacify as the price continues to decline.
I followed vertcoin from $1.10 down to $.30 before selling & was happy I did when it hit $.04. It's all perspective. Those early to the party have no risk and aren't stuck (like you). They can afford to sell at a profit or get out at break even. I think that no-one here considers the price to be realistic at present. This, to me, suggests that there'll be a lot of resistance to the price dropping much further - and probably only in wild idiotic single dumps like just now.
Those who have already purchased at a higher price naturally think the price being lower than what they valued it at is too low. The problem is - those making the market decisions in a bear market are potential buyers (vs a bull in which sellers do). These people view things different than hodlers do. People who view XC as undervalued now probably ran out of buying ammunition back when they thought it was a fairly discounted. While the blocknet & supernet are interesting ideas from a theoretical standpoint crypto gets so little use that exchanging between coins to use a certain coins feature is almost unheard of. If I do druge deals, dipping in and out of any altcoin is going to cause massive massive slippage (like 20 - 50% of a $100K deal). So the anon feature is pretty much useless without volume. It's a bit like building an empty city. People using altcoins are not using them for their features - but speculating on their future. So to make it possible to use all altcoin features from a single integrated wallet for people who are all betting on their individual coins just doesn't process with me as something that will be a gamechanger. No, slippage will be no problem at all when the fees are micropayments.
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Co-Founder, the Blocknet
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Come-In-Behind
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October 20, 2014, 05:37:56 PM Last edit: October 20, 2014, 05:50:45 PM by Come-In-Behind |
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People overestimate "whales". I've known a few people who have lost tens of thousands of dollars trading altcoins.
I distinctely remember a previous Darkcoin "whale" selling 100 btc worth of DRK at .0099 btc....It was bought in one shot and the price jumped to .0245 btc a few days later(Or to clarify, before Bitifinex added DRK to their exchange, but they announced it before)
Some whales are horrendously stupid. So please, don't put them all on some high pedestal.
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spookycoins
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October 20, 2014, 06:06:50 PM |
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Another one of my buy orders just triggered. Freaking awesome. I might get another mixer up and running later this week. Someone is dumping and people like me are buying. Can't wait for some news later today.
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That's me on twitter --> @spookycoins
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