[ANN] [START] StartCOIN 2.0 - The digital currency for crowdfunding

[Ducky1]

Very close to funded! I'm pretty sure this one will reach $200K within 35 days

[ElitistCA]

So what do you guys think will be effect of SMBS on price and why?

[Ducky1]

So what do you guys think will be effect of SMBS on price and why?

The hash rate would be about 2.7 GHs if fully funded. That's about 6-7% of the current hash rate of Startcoin, so this alone does not mean a lot. The halving will mean much more, currently about 2.5 months away. However, a substantial amount of those who invest at BnkToTheFuture seems to be "normal" investors with little knowledge of crypto. If some of these wants to have more startcoin than the mining brings they would have to buy it, and that may fuel the price. Maybe "dipping the toe" with this mining project might mean increased interest in the coin, especially if the price shows a positive move?

[TrueAnon]

Ok, I'm in START yet again, when is this thing going #moon?

[Ducky1]

Ok, I'm in START yet again, when is this thing going #moon?

It's almost as if somebody read your message - My guess is that it will consolidate for a while longer.

[TrueAnon]

Ok, I'm in START yet again, when is this thing going #moon?

It's almost as if somebody read your message - My guess is that it will consolidate for a while longer.

booyah!

[Ducky1]

Crowd Factor (S.1 Ep.3) Hoxton Special with @maxkeiser @georgegalloway & @kimdotcom

https://www.youtube.com/watch?v=hAqFOcI_RkY

[ElitistCA]

someone is pushing price down by irrational sell walls, is it the buyer trying to create ceiling?

[Macno]

someone is pushing price down by irrational sell walls, is it the buyer trying to create ceiling?

What do you mean by "irrational"?

[mtgoxed]

someone is pushing price down by irrational sell walls, is it the buyer trying to create ceiling?

Irrational---> things he doesn't understand
What do you mean by "irrational"?

[ElitistCA]

Well it is just my perception, but there was demand pushing price higher and guy set up sell wall of 24000 at once and basically stopped price movement. There is still 10 000 of his sell wall untouched. Because sellers put their asks lower so they can be filled. To me it seems irrational, If I would sell I would be selling in smaller chunks and try to do it at best prices. This looked like brute forcing stop of price rise.

[Macno]

Well it is just my perception, but there was demand pushing price higher and guy set up sell wall of 24000 at once and basically stopped price movement. There is still 10 000 of his sell wall untouched. Because sellers put their asks lower so they can be filled. To me it seems irrational, If I would sell I would be selling in smaller chunks and try to do it at best prices. This looked like brute forcing stop of price rise.

Ah ok, had not seen that one. Yes, I agree. Odd.

[Hippie Tech]

Well it is just my perception, but there was demand pushing price higher and guy set up sell wall of 24000 at once and basically stopped price movement. There is still 10 000 of his sell wall untouched. Because sellers put their asks lower so they can be filled. To me it seems irrational, If I would sell I would be selling in smaller chunks and try to do it at best prices. This looked like brute forcing stop of price rise.

It is called market manipulation (by Max and his DotCom boom n bust chums).

If a whale and/or someone who just wrote themselves a 42 million coin paycheck believes that..

By giving away a lot of startcoin on startjoin. Startcoin that I bought  on the exchanges. 5000 is hardly a vast amount btw

.. then wtf makes you think 24000 is ?

[TrueAnon]

Well it is just my perception, but there was demand pushing price higher and guy set up sell wall of 24000 at once and basically stopped price movement. There is still 10 000 of his sell wall untouched. Because sellers put their asks lower so they can be filled. To me it seems irrational, If I would sell I would be selling in smaller chunks and try to do it at best prices. This looked like brute forcing stop of price rise.

It is called market manipulation (by Max and his DotCom boom n bust chums).

If a whale and/or someone who just wrote themselves a 42 million coin paycheck believes that..

By giving away a lot of startcoin on startjoin. Startcoin that I bought  on the exchanges. 5000 is hardly a vast amount btw

.. then wtf makes you think 24000 is ?

See, given the size, value and "potential" + exposure of start, I truly wonder who/what (or how many) folks are manipulating it?  You can see it on bittrex mainly given the size of exchange and coins.  Thus your comments:

It is called market manipulation (by Max and his DotCom boom n bust chums).

We know it's true but is it really being done by them? I mean it wouldn't surprise me and not like we have any control over that, or is it also being done by other whales/manipulators to a lesser extent?   I'd say it's both, no??

Again us sheep can only follow since we're not on the inside, nor have a shitload of coins to even play that game...so all we can do is ride the waves of start manipulation or HOLD until one day it finally does moon (or just pnd which seems more likely lol).  It appears the price is both supported for a pump but even held down with big sell so it never gets the chance to explode....for how long will this shit continue?

I'm sure those involved playing with start laugh at posts here or just simply don't care and do what they do well to just make more btc, but whatever.  Such is crypto.

I'm just curious to know the truth here (which will prob never come out lol) or at least see if someone can give actual proof of what the heck is going on behind the scenes of start...no BS either, someone with the real deal here?  You almost have to 'dare' someone to share, but who the heck know what's real and what's not, meh.  It seems everything is hearsay all the bloody time here....??

[Ducky1]

Well it is just my perception, but there was demand pushing price higher and guy set up sell wall of 24000 at once and basically stopped price movement. There is still 10 000 of his sell wall untouched. Because sellers put their asks lower so they can be filled. To me it seems irrational, If I would sell I would be selling in smaller chunks and try to do it at best prices. This looked like brute forcing stop of price rise.

It is called market manipulation (by Max and his DotCom boom n bust chums).

If a whale and/or someone who just wrote themselves a 42 million coin paycheck believes that..

By giving away a lot of startcoin on startjoin. Startcoin that I bought  on the exchanges. 5000 is hardly a vast amount btw

.. then wtf makes you think 24000 is ?

I'm not a whale, i'm a normal guy living on a normal paycheck that happened to take an early interest in Startcoin since I knew that It would be the most interesting coin for longtime exposure. In the beginning of august 2014 Startcoin reached an all time low of 502 satoshi, making 5000 start worth about 0,0251 BTC or about $14.

[Jeef Berky]

See, given the size, value and "potential" + exposure of start, I truly wonder who/what (or how many) folks are manipulating it?  You can see it on bittrex mainly given the size of exchange and coins.  Thus your comments:

It is called market manipulation (by Max and his DotCom boom n bust chums).

We know it's true but is it really being done by them? I mean it wouldn't surprise me and not like we have any control over that, or is it also being done by other whales/manipulators to a lesser extent?   I'd say it's both, no??

Again us sheep can only follow since we're not on the inside, nor have a shitload of coins to even play that game...so all we can do is ride the waves of start manipulation or HOLD until one day it finally does moon (or just pnd which seems more likely lol).  It appears the price is both supported for a pump but even held down with big sell so it never gets the chance to explode....for how long will this shit continue?

I'm sure those involved playing with start laugh at posts here or just simply don't care and do what they do well to just make more btc, but whatever.  Such is crypto.

I'm just curious to know the truth here (which will prob never come out lol) or at least see if someone can give actual proof of what the heck is going on behind the scenes of start...no BS either, someone with the real deal here?  You almost have to 'dare' someone to share, but who the heck know what's real and what's not, meh.  It seems everything is hearsay all the bloody time here....??

Highly doubtful that it's Max....he has much better things to do than to move large buy/sell walls around on Bittrex (plus those 10-15 btc orders are pocket change for Keiser no doubt). It could very well be someone that knows Start is about to explode in price. Afterall, if you had inside info that Start was about to go up by orders of magnitude (due to money outside of crypto), and you had the ability, wouldn't you put up huge buy/sell walls to try to increase your holdings as much as possible before moon time?

Another theory is that it's just some dumb ass kid with a lot of btc that thinks it's fun to push the market up and down to increase his holdings.

Whatever the case, whoever it is with those sell walls, please stop that crap and let's moon already!

[TrueAnon]

See, given the size, value and "potential" + exposure of start, I truly wonder who/what (or how many) folks are manipulating it?  You can see it on bittrex mainly given the size of exchange and coins.  Thus your comments:

It is called market manipulation (by Max and his DotCom boom n bust chums).

We know it's true but is it really being done by them? I mean it wouldn't surprise me and not like we have any control over that, or is it also being done by other whales/manipulators to a lesser extent?   I'd say it's both, no??

Again us sheep can only follow since we're not on the inside, nor have a shitload of coins to even play that game...so all we can do is ride the waves of start manipulation or HOLD until one day it finally does moon (or just pnd which seems more likely lol).  It appears the price is both supported for a pump but even held down with big sell so it never gets the chance to explode....for how long will this shit continue?

I'm sure those involved playing with start laugh at posts here or just simply don't care and do what they do well to just make more btc, but whatever.  Such is crypto.

I'm just curious to know the truth here (which will prob never come out lol) or at least see if someone can give actual proof of what the heck is going on behind the scenes of start...no BS either, someone with the real deal here?  You almost have to 'dare' someone to share, but who the heck know what's real and what's not, meh.  It seems everything is hearsay all the bloody time here....??

Highly doubtful that it's Max....he has much better things to do than to move large buy/sell walls around on Bittrex (plus those 10-15 btc orders are pocket change for Keiser no doubt). It could very well be someone that knows Start is about to explode in price. Afterall, if you had inside info that Start was about to go up by orders of magnitude (due to money outside of crypto), and you had the ability, wouldn't you put up huge buy/sell walls to try to increase your holdings as much as possible before moon time?

Another theory is that it's just some dumb ass kid with a lot of btc that thinks it's fun to push the market up and down to increase his holdings.

Whatever the case, whoever it is with those sell walls, please stop that crap and let's moon already!

Cool, yeah I figured as much and would guess the same.  

K I'll remove my walls....   just kidding... I wish t'was me with such BTC.  

So 30k to 300k kinda thing?  Or just a measly 100k? ;p

[CrowdWhale]

Those sell walls were FOR SALE. They weren't placed out of reach, they were placed where someone hoping to make a larger purchase could nab them without having to mess with little buys. Since large buyers are just as likely to place small buy orders as small sell orders, there's often more demand than you see on the books, especially when the price is surging. No one wants to put a 5 or 10 BTC order on the book and scare the price up, getting nothing themselves.

Also, 34/35k has been a point of resistance at least three times, which eventually creates a self-fulfilling prophecy as people try to take profits before the price falls back. Prices don't go up in a straight line. There are surges, corrections, consolidations... we currently are seeing higher lows, so the floor is rising, but it can only rise so fast. The people who sold off at 34-35k turned out to be the smart ones. It's not manipulation. It's trading the swings, selling on spikes, buying on dips, etc.

I sold half my stash at 34k. I rebought it at 27k. I'm not a manipulator, I'm a trader. Trading is not manipulation. Let's remember the block halving is still 2+ months away and until then we're still going to have trouble maintaining a higher price due to mined coins being dumped on the market every single day, weekend or weekday, rain or shine. Recent fundamentals have warranted a price rise, which we're seeing, but probably just a visit to the Space Station now and then. The next moon landing will be in October. Until then we'll probably see more surges, more retraces, higher lows, higher highs, and maybe... just maybe we'll hit 50k on a good week.

[TrueAnon]

Cool, thanks for good insight.

[CrowdWhale]

I could be wrong, of course, but if the next surge comes soon enough I wouldn't sell off at 35k. I'd *start* to sell something at 35k, but would probably only sell down to half by 40k. Then wait for a correction back to about 30k. There's a lot more support now, and with the rising floor there's a lot of buy pressure building and a lot of whales giving up on their fantasies of picking up 20 BTC worth sub-20k. That 35k cap probably won't survive another surge. It was obvious to me this time, though, that momentum was faltering at 34k. I hate ending up back where I started with nothing to show for it. That's why, when the crowd is buying, I'm slowly selling, and when the crowd is selling, I'm slowly buying. I'm all in right now... BEFORE any surge. And next time it hits a wall and falls back I'll hopefully have half my coins sold once again... BEFORE it falls back. Momentum gets easier to judge over the years.