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Author Topic: [ANN][RZR] Razor - Cutting Edge of Technology ☆[TOR]☆[No Pre/ICO] Updated Nodes!  (Read 245574 times)
powersup
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June 24, 2014, 11:28:55 AM
 #1081

What happened for price ?

I wish I could answer this.  All news surrounding razor has been good.  Also Kore and Veil have been basically exposed as scams which should strengthen razors position.

If I was to take a guess I might say someone is pushing down the price to buy more.  Maybe a nice pump on the way.
  agree  !

fuck it, im buying.  Price is too good to refuse.  I hope im correct  Undecided
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June 24, 2014, 11:53:23 AM
 #1082

I hope this helps,  SpringfieldM1A made this statement from a different thread that is very applicable to whats happening to RZR:


People who think a single person can bring down the price of a coin are really obtuse. Let me tell you what happens:

Stages of a coin by SpringfieldM1A

1. Coin gets an announcement, people chime in on the thread, some start mining, some start yelling scam.
2. Coin gets added to an exchange, trading below 100 satoshi. Some normal people buy, some whales accumulate tons of coins. Price rises a little
3. Dev posts positive announcement in thread, some people are ecstatic, a little more people start yelling "scam" and "proof", price shoots up
4. Coin is now starting to trade around 1000 satoshis, peaking at 1500.
5. Dev posts new update, price shoots up again due to whales pumping, more people buy
6. FUD storm starts, people discrediting the coin, whales pull off epic dump, price drops 30 % to 40 % people are afraid and sell their coins cheap.
7. Coin starts trading in lower 500 satoshi range, whales accumulate
8. Silence for some time, 10 days at maximum
9. Dev posts another update, confirming he was legit all the time, whales now pull off an epic pump
10. Make or break point, coin will either grow naturally without the "help" of whales or crash into oblivion due to competition or fundamental flaws.

Can you see what is happening? Whales capitalize on good or bad news, they feed on both your fear and bullish sentiments. This will continue until a coin has a large enough market cap where it will be a lot harder to influence the price by large pumps or dumps. But remember above all: if there isn't found a substantiated flaw in a coin's infrastructure there is no reason for the price to go down. Stop trading with emotion.

Whales look for any signs of fear sentiments in the market, they will dump hard and inexperienced people see the price go down and think "Oh my god the coin is crashing" and sell. This is exactly what happened to VOOT, a single user (inadvertedly) posts serious FUD ammo for whales to massively dump, but there is nothing wrong with VOOT ! It is one of the coins that actually delivered a working anon function.

It works both ways, if whales spot bullish sentiments they pump.

Sometimes you see a massive dump on good news, why is that you may ask? Well if the news is really good, whales see potential in a coin and they want to buy more for a cheaper price. They dump to initiate panic sells "Hey I thought the news was good? why is the price dropping? I'd better sell" is what new people think, then proceed to dump their coins right into the whales' buy order. This will make the rich richer and the poor lose their shirt. Advice: keep an eye on the rich list of a coin in times of percieved crisis, you will probably see the top 50 or so addresses accumulate, while the smaller holders lose coins.

PROTIPS:
Do not invest more than you can afford to lose. This will take out the emotional factor in trading at least a little bit.
Consider your money "lost" the moment you invest in a coin, don't get emotionally attached to your invested fiat ever.
Decide an exit price for yourself and stick to it, don't be too greedy.
Do not cry over losses, this is crypto. You will probably lose a lot before winning. A win can compensate for all your losses though and then some.
Do not cry if you sold "too soon", profit is profit.
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June 24, 2014, 01:12:14 PM
 #1083

You guys are funny. All coin went through this step on mintpal. First the news from mintpal that they will list the coin will create panic buy. That's what happen yesterday from 200k to 300k. Then once it arrived correction happen, people who are smart enough have dump at that price and bagholder is left crying.

What happen afterward is the most important thing. After a big dump, the coin price will stabilize. If it's a good coin with clear market enthusiasm, it will rise gradually.

How do you think BC and DRK reach this point? They don't get pumped all at once, they have several pump and each time the price will correct itself.

Want proof? Go check cloak price movement before they get into mintpal and now.



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June 24, 2014, 01:14:02 PM
 #1084

@bitwarrior, so true. whales are patient. The price will go sideways for what feels like a really long time in crypto and they wait patiently for the bagholders to sell at a loss as much as possible.
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June 24, 2014, 01:21:02 PM
 #1085

NXT>Razor

I have 70% of all Razor mined...The question is to Dump or to not Dump? The arrow is leaning on DUMP



Please dump troll....

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June 24, 2014, 01:35:23 PM
 #1086

@bitwarrior, so true. whales are patient. The price will go sideways for what feels like a really long time in crypto and they wait patiently for the bagholders to sell at a loss as much as possible.

I know its all speculation but I made this mistake with DRK and did just like the whales wanted after an initial rise and dump.... Then sideways action (where I dumped, as whales wanted me to). Now I definitely regret those sells. Same with BC.

Again all speculation but these patterns in crypto are kinda obvious the 3rd time around. Holding RZR for better or for worse.

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June 24, 2014, 03:06:40 PM
 #1087

I have a good feeling for this coin. Price is relatively stable and the 24h volume is very high. There is something coming.


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June 24, 2014, 03:08:17 PM
 #1088

NXT>Razor

I have 70% of all Razor mined...The question is to Dump or to not Dump? The arrow is leaning on DUMP



Please dump troll....

Waiiittt a minute.. I have 31%...


Someone is being naughty.

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103 days, 21 hours and 10 minutes.


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June 24, 2014, 03:09:12 PM
 #1089

I have a good feeling for this coin. Price is relatively stable and the 24h volume is very high. There is something coming.

The dev is working on a few things right now so id expect something or a few things coming this week
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June 24, 2014, 03:11:03 PM
 #1090

Sounds good, I bought in at the peak Shocked

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June 24, 2014, 03:25:36 PM
 #1091

Sounds good, I bought in at the peak Shocked
Me too, i expected bit more from this coin
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June 24, 2014, 03:27:50 PM
 #1092

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June 24, 2014, 03:28:59 PM
 #1093

Sounds good, I bought in at the peak Shocked
Me too, i expected bit more from this coin

You only loos if you sell to early. Just relax, the coin is very young!


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bitcoinbboyce
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June 24, 2014, 03:41:27 PM
 #1094

From what I am reading on twitter is that because of miners dumping this coin needs 90 BTC of buys to keep price level.

Does anybody have an idea of the block reward schedule and when will we see the next halving?
Benjamin.J
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June 24, 2014, 03:44:08 PM
 #1095

This is a exciting news
 Cheesy

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103 days, 21 hours and 10 minutes.


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June 24, 2014, 03:45:08 PM
 #1096

From what I am reading on twitter is that because of miners dumping this coin needs 90 BTC of buys to keep price level.

Does anybody have an idea of the block reward schedule and when will we see the next halving?

7-10 days
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June 24, 2014, 03:49:10 PM
 #1097

From what I am reading on twitter is that because of miners dumping this coin needs 90 BTC of buys to keep price level.

Does anybody have an idea of the block reward schedule and when will we see the next halving?

7-10 days


Great thanks, how long after that will it go down again?
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June 24, 2014, 04:10:03 PM
 #1098

Razor has made a deal with Prypto to join their ecosystem!
 
Cards are currently in production, and in three weeks you will be able to buy the most private cryptocurrency on the market with fiat at a real store.
 
We have one, possibly two, locations in the United States in which you will be able to walk in and buy Prypto cards pre-loaded with RZR.
 
This, in conjunction with the moolah.io announcement yesterday, means that there is a completely legal, private, cryptocurrency that people can actually live on.
 
Welcome to Razor.
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June 24, 2014, 04:14:01 PM
 #1099

Razor has made a deal with Prypto to join their ecosystem!
 
Cards are currently in production, and in three weeks you will be able to buy the most private cryptocurrency on the market with fiat at a real store.
 
We have one, possibly two, locations in the United States in which you will be able to walk in and buy Prypto cards pre-loaded with RZR.
 
This, in conjunction with the moolah.io announcement yesterday, means that there is a completely legal, private, cryptocurrency that people can actually live on.
 
Welcome to Razor.

Fantastic! I have full faith in you as a dev, you are proving yourself to be one of the top devs out there.

Keep up the good work, RZR will have it's day Cheesy

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June 24, 2014, 04:17:42 PM
 #1100

Curious iniciative.

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