MsCollec (OP)
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Activity: 1400
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June 30, 2014, 09:19:51 AM |
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What happend with the original team that was supposed to deliver VootMarket? I am a bit discouraged now  It was due to timeline. You have to factor btc tx confirmations in the PoS |
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jdebunt
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Activity: 1596
Merit: 1010
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June 30, 2014, 09:55:03 AM |
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bittick
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June 30, 2014, 09:58:34 AM |
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What happend with the original team that was supposed to deliver VootMarket? I am a bit discouraged now It was due to timeline. You have to factor btc tx confirmations in the PoS Can you please elaborate more? This says nothing really |
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MsCollec (OP)
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Activity: 1400
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June 30, 2014, 10:43:40 AM |
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Thanks, I will send something on your way very soon. |
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drm
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Activity: 1176
Merit: 1005
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June 30, 2014, 10:44:27 AM |
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What features are you interested to see on Vootmarket ?
if you would add more coins to pay with than just voot - it would be absolutely amazing kinda defeats the purpose of the darkVOOTmarket and adding value to the coin... |
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bittick
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June 30, 2014, 10:52:06 AM |
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What features are you interested to see on Vootmarket ?
if you would add more coins to pay with than just voot - it would be absolutely amazing kinda defeats the purpose of the darkVOOTmarket and adding value to the coin... I am just thinking about the greater good of the people, and still waiting clarification for the delays  |
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drm
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June 30, 2014, 11:02:54 AM |
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lol yeah but in that case, we dont need voot, we can close this thread, and all use a btc darkmarket.
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jandco
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Activity: 15
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June 30, 2014, 11:35:35 AM |
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any news about multipool?
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bittick
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June 30, 2014, 11:38:18 AM |
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lol yeah but in that case, we dont need voot, we can close this thread, and all use a btc darkmarket.
the thing is, once voot releases the market, all other coins will copy it anyway, so it wont be as unique anymore, sop jumping ahead and letting other coin users pay with their coins using the vootmarket will just make the market itself stronger and voot will gain popularity as it will be the main coin to trade with anyway. I mean some feature like uploading some crap coin like any of the recently released ones and letting users convert it to VOOT to pay for goods. So yea, more like a built in exchange that only goes one way for cryptos ALTCOIN, BTC --> VOOT VOOT --> Goods on market This will keep voot strong and unique. |
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Ownership
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Activity: 112
Merit: 10
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June 30, 2014, 11:39:48 AM |
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any news about multipool?
This! I'm ready to mine! |
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Soul_eater_123
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Activity: 952
Merit: 1000
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June 30, 2014, 12:18:09 PM |
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Won't this selling of large amounts of VOOT to raise BTC be killing the price? No wonder it's won't go up. I think this is a flawed way of doing things.
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bittick
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June 30, 2014, 01:02:43 PM |
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Won't this selling of large amounts of VOOT to raise BTC be killing the price? No wonder it's won't go up. I think this is a flawed way of doing things.
Agreed. It causes big dumps because they want to get the btc fast. Yet to do this right, you need to code a bot that would sell off small amounts at a time of the rise and buy back small amounts when the prices are lower. Once funds are gathered, you really need to rethink this strategy for further developments. Selling off VOOT over the forum not to affect the prices on the automated exchanges might help (hoping that the buyers are in for the long haul) |
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Youghoor
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June 30, 2014, 01:05:07 PM |
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selling in cheap prices only kill the coin, selling on forum doesn't affect the price much as there is not much volume of selling.
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coinfello
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Activity: 1274
Merit: 1000
FLAT OUT!!!
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June 30, 2014, 01:08:59 PM |
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patience people!! price is stable. its went from 50 sat to where its at now. use your brains and hold.
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Soul_eater_123
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Activity: 952
Merit: 1000
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June 30, 2014, 01:16:44 PM |
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patience people!! price is stable. its went from 50 sat to where its at now. use your brains and hold.
The problem isn't people selling. It's MsCollec or whoever is selling hundreds of thousands of coins to get BTC for development. It's probably the stupidest strategy you could use. Also the price is stagnant. It is half of what it was and despite good news it continues to keep dipping. This is without a doubt due to this foolish strategy of creating a VOOT fund and selling that to get BTC. Whoever thought of that strategy needs to be taken out and shot (figuratively). Any payments to develop VOOT should be made in VOOT. That way anyone who works on it has a vested interest in the price rising. |
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bittick
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June 30, 2014, 01:21:33 PM |
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patience people!! price is stable. its went from 50 sat to where its at now. use your brains and hold.
The problem isn't people selling. It's MsCollec or whoever is selling hundreds of thousands of coins to get BTC for development. It's probably the stupidest strategy you could use. Also the price is stagnant. It is half of what it was and despite good news it continues to keep dipping. This is without a doubt due to this foolish strategy of creating a VOOT fund and selling that to get BTC. Whoever thought of that strategy needs to be taken out and shot (figuratively). Any payments to develop VOOT should be made in VOOT. That way anyone who works on it has a vested interest in the price rising. ^ THIS! |
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MsCollec (OP)
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Activity: 1400
Merit: 1000
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June 30, 2014, 01:24:51 PM |
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700K voot was sold last week, not at once but over a period of 2-3 days i think. Please stop over-reacting 700k will not hurt voot vol of 7788832.23478840 VOOT
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Real_Unhooked
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June 30, 2014, 01:25:16 PM |
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patience people!! price is stable. its went from 50 sat to where its at now. use your brains and hold.
The problem isn't people selling. It's MsCollec or whoever is selling hundreds of thousands of coins to get BTC for development. It's probably the stupidest strategy you could use. Also the price is stagnant. It is half of what it was and despite good news it continues to keep dipping. This is without a doubt due to this foolish strategy of creating a VOOT fund and selling that to get BTC. Whoever thought of that strategy needs to be taken out and shot (figuratively). Any payments to develop VOOT should be made in VOOT. That way anyone who works on it has a vested interest in the price rising. Not sure when you got on the train, but the original bounty for Voot Market was 5 BTC which we all knew was no where close to what is needed. So MsCollec did a SMART thing by buying Voot in the 200- 300 SAT range. Sold what was needed to promise the initial 5 BTC. So now we have 5 BTC and 1.2M VOOT how is that not a sound strategy. This is the best way instead of asking the community to donate for development. Don't worry about the price, once Nitesend wallet is released price will go back to where it needs to be. Buy cheap now. |
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MsCollec (OP)
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Activity: 1400
Merit: 1000
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June 30, 2014, 01:30:39 PM |
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700K voot was sold last week, not at once but over a period of 2-3 days i think. Please stop over-reacting 700k will not hurt voot vol of 7788832.23478840 VOOT
Yes it will and you're stupid if you think otherwise. Ok, all the voot will be converted back to btc |
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Soul_eater_123
Legendary
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Activity: 952
Merit: 1000
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June 30, 2014, 01:31:34 PM |
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patience people!! price is stable. its went from 50 sat to where its at now. use your brains and hold.
The problem isn't people selling. It's MsCollec or whoever is selling hundreds of thousands of coins to get BTC for development. It's probably the stupidest strategy you could use. Also the price is stagnant. It is half of what it was and despite good news it continues to keep dipping. This is without a doubt due to this foolish strategy of creating a VOOT fund and selling that to get BTC. Whoever thought of that strategy needs to be taken out and shot (figuratively). Any payments to develop VOOT should be made in VOOT. That way anyone who works on it has a vested interest in the price rising. Not sure when you got on the train, but the original bounty for Voot Market was 5 BTC which we all knew was no where close to what is needed. So MsCollec did a SMART thing by buying Voot in the 200- 300 SAT range. Sold what was needed to promise the initial 5 BTC. So now we have 5 BTC and 1.2M VOOT how is that not a sound strategy. This is the best way instead of asking the community to donate for development. Don't worry about the price, once Nitesend wallet is released price will go back to where it needs to be. Buy cheap now. Really? This is just ridiculous. Look at the price of any coin and what happens when you dump a lot of coins. Yes MsCollec may be making a profit on the coins but selling so many over a short period hurts the coin. Yes it might recover but that is some time in the future and there are plenty of other things to derail it until then. Selling large amounts of VOOT to convert into BTC is a retarded strategy and if you think that this is a good thing then you don't understand markets at all. |
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