[ANN][MIN] Minerals - POS | Developing own anon solution |

[egyptocoin]

Some part of it is obviously automated...so there is definitely a black box involved with a algo running IMHO.

I doubt it. There is a formula in stocks, but it isn't 100%. Can't remember the name - if I remember correctly the guy that wrote "Black Swan" was part of it.

Found it: http://en.wikipedia.org/wiki/Black%E2%80%93Scholes_model

That doesn't make sense...you saying algos can't be used to manipulate stocks.... You had better go talk to GS if that is the case. Even easier here...
Reading link now...but what I say still stands....

No, I'm saying they can be - but the margin of error and losses is huge if not put in check. But more so this to me is a human not a machine, a machine would of tried to take it to 0 if it was making major losses to compensate. This happens in the NYSE sometimes, but not often.

It's just that human behavior is far more complex than an algorithm at this point in time. It's not that we can't be deduced to lines of code it's just that right now we far underestimate the power of human emotions and reason to properly achieve a code that is 100%.

Think about, most of the P&D twitter folks made 1000x more what an HFTC box makes - last I checked on the the DOW/NYSE they only average 3-5% annually.(which when you have billions is huge, and partially gauranteed, at this moment they is only allowed to be 10% of the traders.) I could be wrong. But it's one of those too good to be true. Or everyone would do it becuase of the odds.

Here's an article from 0hedge. zerohedge.com/news/2014-04-04/sec-busts-hft-firms-tricking-people-trading-artificial-prices

[Nemesys]

Black–Scholes is making my brane hurt ..

but I think you´re right ...

I´m an early day "investor" and I´ve seen my holding lose over 50% value due to "manipulation" of the price

this coin should have "broken the mold" of asic multipool farmed pump and dumps, bit someone .. and I mean someone (not a bot or machine) is playing with this coins price ...

[litecoinbeast]

Black–Scholes is making my brane hurt ..

but I think you´re right ...

I´m an early day "investor" and I´ve seen my holding lose over 50% value due to "manipulation" of the price

this coin should have "broken the mold" of asic multipool farmed pump and dumps, bit someone .. and I mean someone (not a bot or machine) is playing with this coins price ...

Some part of it is obviously automated...so there is definitely a black box involved with a algo running IMHO.

You guys will notice that I said part....yes there is a human present...and tech there is always someone who IS the " machine". There is definitely a pattern here....and some of it is definitely calculated and automated by "someone" but I don't care really..know one is denying that manipulation is rampant eveywhere. It comes down to when, why and if the sheep are going to stand up and say enough is enough..beautiful sunny Saturday here.... Have fun

[MineralsPR]

Okay I handed Crayon admin access to the Live Betting platform. He will be testing platform and prepare for the upcoming tournament.

[lvyuan95]

Heh guys. Quit arguing about the price. Lets find more supporters outside of BTC.
Soon twittertipbot will be out and we will gladly invest thousands of coins in tipping, and more than that - we will sponsor tournaments.

Btw, am I wrong that Minerals is one of the few devs that actually delivered anything except of nice-looking announcement thread ?

Yeah ofc, that's how market reacts when you 'delivered anything' 

Good luck Mr. bagholders, gonna ride the Viacoin and see you on the moon(?) 

[litecoinbeast]

Okay I handed Crayon admin access to the Live Betting platform. He will be testing platform and prepare for the upcoming tournament.

I will watch some of this... I used to play a lot of BroodWar and got pretty damn good. Tried sc II but just didn't seem to take. Was always a Zerg fan for their rather simplistic, straight forward strategy. Multiple, expand and overwhelm (swarm)   that seemed to be lost in II.

[egyptocoin]

Black–Scholes is making my brane hurt ..

but I think you´re right ...

I´m an early day "investor" and I´ve seen my holding lose over 50% value due to "manipulation" of the price

this coin should have "broken the mold" of asic multipool farmed pump and dumps, bit someone .. and I mean someone (not a bot or machine) is playing with this coins price ...

Some part of it is obviously automated...so there is definitely a black box involved with a algo running IMHO.

You guys will notice that I said part....yes there is a human present...and tech there is always someone who IS the " machine". There is definitely a pattern here....and some of it is definitely calculated and automated by "someone" but I don't care really..know one is denying that manipulation is rampant eveywhere. It comes down to when, why and if the sheep are going to stand up and say enough is enough..beautiful sunny Saturday here.... Have fun

To be fair - it's completely legal even in the regular market. Secondly, even us talking on this forum is considered as "insider trading". It's not a matter of sheep it's a matter of a well-timed, and I might add - well executed sell-off trying to buy cheap before the news is released. (buy on the rumor, sell on the news) I think it would just be misinformation to say it's a box doing this.

Do you happen to know where I could get a long-term chart of MIN by chance?

[MineralsPR]

Heh guys. Quit arguing about the price. Lets find more supporters outside of BTC.
Soon twittertipbot will be out and we will gladly invest thousands of coins in tipping, and more than that - we will sponsor tournaments.

Btw, am I wrong that Minerals is one of the few devs that actually delivered anything except of nice-looking announcement thread ?

Yeah ofc, that's how market reacts when you 'delivered anything'  

Good luck Mr. bagholders, gonna ride the Viacoin and see you on the moon(?)  

I would be sad if i cared about current market price all that much. I`ll go back to developing and promoting coin, if you don`t mind.

[Nemesys]

Black–Scholes is making my brane hurt ..

but I think you´re right ...

I´m an early day "investor" and I´ve seen my holding lose over 50% value due to "manipulation" of the price

this coin should have "broken the mold" of asic multipool farmed pump and dumps, bit someone .. and I mean someone (not a bot or machine) is playing with this coins price ...

Some part of it is obviously automated...so there is definitely a black box involved with a algo running IMHO.

You guys will notice that I said part....yes there is a human present...and tech there is always someone who IS the " machine". There is definitely a pattern here....and some of it is definitely calculated and automated by "someone" but I don't care really..know one is denying that manipulation is rampant eveywhere. It comes down to when, why and if the sheep are going to stand up and say enough is enough..beautiful sunny Saturday here.... Have fun

Hey Litecoinbeast..

you´re right ..

it´s 35C here in sunny southerrn Spain, at 18.30,

I´ve got dinner booked with two lovely ladies  and I´ve just paid my rent for the month ( and dinner btw..) with a massive punt on CNL

thanx for keeping me grounded

 

[lvyuan95]

Heh guys. Quit arguing about the price. Lets find more supporters outside of BTC.
Soon twittertipbot will be out and we will gladly invest thousands of coins in tipping, and more than that - we will sponsor tournaments.

Btw, am I wrong that Minerals is one of the few devs that actually delivered anything except of nice-looking announcement thread ?

Yeah ofc, that's how market reacts when you 'delivered anything'  

Good luck Mr. bagholders, gonna ride the Viacoin and see you on the moon(?)  

I would be sad if i cared about current market price all that much. I`ll go back to developing and promoting coin, if you don`t mind.

That would be sad if you don't care about the market price since too much people invested this and pretend care about this coin itself, in fact they just want you guys release something to make hype so they could dump for BTC. It's crypto, don't make coins if you don't have money or skills

Anyway, gonna take the profit from via to take a vacation, good luck MIN fellows lol

[jc12345]

Maybe traders in crypt do not care about delivery of anything in a coin. Maybe everyone just wants to make a quick buck.

[MineralsPR]

Heh guys. Quit arguing about the price. Lets find more supporters outside of BTC.
Soon twittertipbot will be out and we will gladly invest thousands of coins in tipping, and more than that - we will sponsor tournaments.

Btw, am I wrong that Minerals is one of the few devs that actually delivered anything except of nice-looking announcement thread ?

Yeah ofc, that's how market reacts when you 'delivered anything'  

Good luck Mr. bagholders, gonna ride the Viacoin and see you on the moon(?)  

I would be sad if i cared about current market price all that much. I`ll go back to developing and promoting coin, if you don`t mind.

That would be sad if you don't care about the market price since too much people invested this and pretend care about this coin itself, in fact they just want you guys release something to make hype so they could dump for BTC. It's crypto, don't make coins if you don't have money or skills

Anyway, gonna take the profit from via to take a vacation, good luck MIN fellows lol

We told everyone that we are not playing in day trades. We supporting steady developement. Those who invested trusted in the future of coin instead of looking for cheap dump. I`m sorry for anyone who did invested in something else and lost their money. For everyone else i state again - dev team is not dependent on the coin market price - we are not selling coins to pay coders. Project stands.

[majeis]

Heh guys. Quit arguing about the price. Lets find more supporters outside of BTC.
Soon twittertipbot will be out and we will gladly invest thousands of coins in tipping, and more than that - we will sponsor tournaments.

Btw, am I wrong that Minerals is one of the few devs that actually delivered anything except of nice-looking announcement thread ?

Yeah ofc, that's how market reacts when you 'delivered anything'  

Good luck Mr. bagholders, gonna ride the Viacoin and see you on the moon(?)  

I would be sad if i cared about current market price all that much. I`ll go back to developing and promoting coin, if you don`t mind.

That would be sad if you don't care about the market price since too much people invested this and pretend care about this coin itself, in fact they just want you guys release something to make hype so they could dump for BTC. It's crypto, don't make coins if you don't have money or skills

Anyway, gonna take the profit from via to take a vacation, good luck MIN fellows lol

We told everyone that we are not playing in day trades. We supporting steady developement. Those who invested trusted in the future of coin instead of looking for cheap dump. I`m sorry for anyone who did invested in something else and lost their money. For everyone else i state again - dev team is not dependent on the coin market price - we are not selling coins to pay coders. Project stands.

You're still going to continue promoting and developing this coin when the low volume gets it delisted from most exchanges?

You're going to pointlessly continue wasting your time and resources without any form of compensation all for the good of the community?

Am I reading you right?

Because if I am, you are the most selfless "team" in this entire forum.

Otherwise, you actually do care about the price and hope for it to go up like every other bagholder in this thread, but you're taking the neutral ground as if the price doesn't affect you.

Why is that?

[bangersdad]

i regret to say i have sold my minerals after the live betting on the 15th. I believed in Minerals at the start, but was very disappointed with the live betting test - just having 2 min address for a win or lose was not good enough, it needed more functionality - i was hoping it would be more like a betting exchange that matched the bets, there was 1000min on one side of the book and a few hundred min on the other side of the book. So the book was completely unbalanced - and as there was no information given regarding Crayons opponents it made skilled, judged betting using odds to determine your level of risk completely impossible. So my opinion changed from it being a well developed betting platform. The devs may have great experience in SC2 but they have inadequate experience in designing and implementing a professional betting site. i do not believe the current downtrend is manipulation in any part, just early adopters losing faith and moving onto coins with better growth potential.

i will honestly say tho' that MIN has one of the best communities around, and you should be proud of yourselves for having a FUD free thread. good luck to you all, i hope i am proved wrong and the live betting is taken to the next level of implementation..only time will tell.

[egyptocoin]

Heh guys. Quit arguing about the price. Lets find more supporters outside of BTC.
Soon twittertipbot will be out and we will gladly invest thousands of coins in tipping, and more than that - we will sponsor tournaments.

Btw, am I wrong that Minerals is one of the few devs that actually delivered anything except of nice-looking announcement thread ?

Yeah ofc, that's how market reacts when you 'delivered anything'  

Good luck Mr. bagholders, gonna ride the Viacoin and see you on the moon(?)  

I would be sad if i cared about current market price all that much. I`ll go back to developing and promoting coin, if you don`t mind.

That would be sad if you don't care about the market price since too much people invested this and pretend care about this coin itself, in fact they just want you guys release something to make hype so they could dump for BTC. It's crypto, don't make coins if you don't have money or skills

Anyway, gonna take the profit from via to take a vacation, good luck MIN fellows lol

We told everyone that we are not playing in day trades. We supporting steady developement. Those who invested trusted in the future of coin instead of looking for cheap dump. I`m sorry for anyone who did invested in something else and lost their money. For everyone else i state again - dev team is not dependent on the coin market price - we are not selling coins to pay coders. Project stands.

You're still going to continue promoting and developing this coin when the low volume gets it delisted from most exchanges?

You're going to pointlessly continue wasting your time and resources without any form of compensation all for the good of the community?

Am I reading you right?

Because if I am, you are the most selfless "team" in this entire forum.

Otherwise, you actually do care about the price and hope for it to go up like every other bagholder in this thread, but you're taking the neutral ground as if the price doesn't affect you.

Why is that?

I would say - he did say he had a job. So I'm going to guess other than the crassness implied that he/she/they are selfless.

[majeis]

Heh guys. Quit arguing about the price. Lets find more supporters outside of BTC.
Soon twittertipbot will be out and we will gladly invest thousands of coins in tipping, and more than that - we will sponsor tournaments.

Btw, am I wrong that Minerals is one of the few devs that actually delivered anything except of nice-looking announcement thread ?

Yeah ofc, that's how market reacts when you 'delivered anything'  

Good luck Mr. bagholders, gonna ride the Viacoin and see you on the moon(?)  

I would be sad if i cared about current market price all that much. I`ll go back to developing and promoting coin, if you don`t mind.

That would be sad if you don't care about the market price since too much people invested this and pretend care about this coin itself, in fact they just want you guys release something to make hype so they could dump for BTC. It's crypto, don't make coins if you don't have money or skills

Anyway, gonna take the profit from via to take a vacation, good luck MIN fellows lol

We told everyone that we are not playing in day trades. We supporting steady developement. Those who invested trusted in the future of coin instead of looking for cheap dump. I`m sorry for anyone who did invested in something else and lost their money. For everyone else i state again - dev team is not dependent on the coin market price - we are not selling coins to pay coders. Project stands.

You're still going to continue promoting and developing this coin when the low volume gets it delisted from most exchanges?

You're going to pointlessly continue wasting your time and resources without any form of compensation all for the good of the community?

Am I reading you right?

Because if I am, you are the most selfless "team" in this entire forum.

Otherwise, you actually do care about the price and hope for it to go up like every other bagholder in this thread, but you're taking the neutral ground as if the price doesn't affect you.

Why is that?

I would say - he did say he had a job. So I'm going to guess other than the crassness implied that he/she/they are selfless.

So this whole gambling thing isn't for-profit?

What percentage goes to charity?

[Splatters]

what the hell is happening to this coin!
FUck me, I thought it was a good one, but after I bought I dumped hard.

[Vampiro4L]

hey MinPR, you've put your motives and plans out there, i don't think you need to justify yourselves anymore. You guys are doing a great job keep up the good work and don't feel like you have to respond to every troll.

[Pikachu12]

Yeah all the devs are doing a great job. Still holding.

[Tam222]

Yeah all the devs are doing a great job. Still holding.

+1