[ANN][TRUST] TRUSTplus [PoD5x2][BitTrex][Android][Shopify][Moderated]

[mitchellmint]

I show 0.8 M coins on Bitrex and 0.6 M on Poloniex.  Still watching for a Transfer from one market to the other.  I would prefer we buy this bot out, the releases should benefit true investors.

[fonzerrellie]

bot hasnt placed new sell walls in the last couple of hours. Is the bot dead?

ps. is the other topic locked? i cant post there anymore?


edit: bot just placed a tiny sell order. he is probably almost out of funds.

The bot is out of coins in BitTrex.  The owner still has an estimated 1.1 Million in Poloniex and they have transferred the coins to BitTrex to compensate... I am watching for the transfer.  The address will be announced if they try it.

The Production Thread has been locked.  Mr. Devil was a paid FUD.  No reason to continue, or produce an opportunity to make money for what he was saying.

I hope we are clear of this, and we will try to release news every 12 hours.  I am starting to select leaders of the community.  Their involvement to this point has been extraordinary, and have a personal stake in the success.  They will be rewarded with pre-mine funds.

Keep eyes out for Bounties.  Many people have experience doing the simple coin upgrades and services.

I still would like someone to compile a GUI QT (qmake) for Linux.

the last piece from this song... "If I write the classic shit then I don't have to die at all !?" if you are for real and put your heart in to your work with Trust, do your best work, pay for the best help, be innovative... you could be creating something that sticks around, like a good song/painting thats still admired years after the artist has passed   in other words... do it BIG

https://www.youtube.com/watch?v=0pCb-iUmy1o

[paycum]

I show 0.8 M coins on Bitrex and 0.6 M on Poloniex.  Still watching for a Transfer from one market to the other.  I would prefer we buy this bot out, the releases should benefit true investors.

only problem is price already goes up so its twice more expensive to buy up his coins. but its going prety fast now, half his stack is gone in a day now. i try to buy another stack today. i only buy at bittrex though.

but if he has like 400k left its also ok right? i mean bots will be there always and if he has that small of a stack it wont have much impact, its only a few btc.

but indeed better kill him as much as possible before releasing any news and/or releases.

[copychicken]

I show 0.8 M coins on Bitrex and 0.6 M on Poloniex.  Still watching for a Transfer from one market to the other.  I would prefer we buy this bot out, the releases should benefit true investors.

before was no coins in bittrex and 1.1 on polo... and now without any transfer is 0.8 and 0.6? come on mitchellmint be more clear... dont just make that numbers up...

[paycum]

I show 0.8 M coins on Bitrex and 0.6 M on Poloniex.  Still watching for a Transfer from one market to the other.  I would prefer we buy this bot out, the releases should benefit true investors.

before was no coins in bittrex and 1.1 on polo... and now without any transfer is 0.8 and 0.6? come on mitchellmint be more clear... dont just make that numbers up...

no this was the last update he mentioned before:

Current Estimate 1.2 M on BitTrex and 0.7 on PoloniEx


but indeed before that it looked like bot was away. how does he get new coins when there are no buy orders except from buyers like us?

ps. i just bought about 500k so only 300k to go now for bittrex!

i think the bot is almost out as i see him place prety big buy orders at 134sat now for 0.2btc or is one of us placing higher buy orders?

[copychicken]

yes but between 0 on bittrex an 1.1 on polo.. he was watching...

and after that 0.8 and 0.6... where these coins where transfered? should they be on the explorer? and then again watching...

and from a total sum of 1.1 we went to 0.8, and 0.6 = 1.4 (300k more)
and i have eaten this past week 1 milion trusts.. and the bot keeps getting back? how?

[copychicken]

that buy at 94192 coins? its us or the bot? i am starting not to see anything...
and believe that its a user and not a bot...

[copychicken]

right now is 177 sell for 1200trusts if i put 176 with 80k trust will the bot sell at 175?

[jc12345]

that buy at 94192 coins? its us or the bot? i am starting not to see anything...
and believe that its a user and not a bot...

Definitely a user and not a bot.

[davidroux]

So over all this bot chatter, waaay too much focus on the bot instead of development.

[mitchellmint]

IRC Update.

<MitchellMint> First AutoTrans Test
<MitchellMint> http://trust.blockexplorer.cc/tx/0f629a3f7359fef942e4d6d4312c179c77165e749ff4c5ccc996bf520f219a9a
<MitchellMint> http://trust.blockexplorer.cc/tx/35d07d31f21e6e1fc774631d88808be6edbb7350a7bde00f36c73f6d06bd0d4d
<MitchellMint> Single Satoshi... No Coinjoin.
<MitchellMint> Gotta get back to it.
<MitchellMint> Later!

Can anyone explain what he is testing?

AutoTransactions.  If both parties agree to be autoTransaction partners, party one wallet will send can send coins and expect it back.  If any of the second party disagrees, they can keep the coin and not send it back.  If the Second Party completes transactions successfully, they will be rewarded a TRUST score.
This is P2P Credit Rating system and will display a true current "credit" score.  You can setup a TRUST AutoTransactions for Loans as well.  Concept has utility we haven’t discovered yet.

We tested a 1 coin AutoTransaction.

[mitchellmint]

So over all this bot chatter, waaay too much focus on the bot instead of development.

Agreed.  I came to the conclusion that this bot will stay and take the coin down a path not in the plans.  My only concern has been letting the community know what will happen when they buy and how to correct the situation.

I watched the block explorer to find any large sums to justify the 600k increase in coins or even a sell.  It doesnt exist.  Now we have 500k out of nowhere on both exchanges.

This is where I thought the purpose of the bot was, Crash to price, buy as many as possible at a dirt cheep price.  I think the market suppression is empty (thank you) and now the owner has to use its coins to sustain the suppression.

Its either that or a true market is now appearing at a low price.

I am open to other ideas.

[paycum]

i think the 0.2btc buy order could be the bot. if he is out of coins and want to start over again he must buy new coins.

if that is the case then the problem is over as everybody needs to buy coins before they can sell them

it isnt a huge problem as long as bid and ask stay close together. and ofcourse its a market so there will always be traders.

and even if he is planning to buy millions again and then dump then, that would be easy to track as we should see a huge pump.

and a bot isnt stupid...he isnt going to buy high and sell low for long as a bot needs to generate cash.

so i think just forget about the bot from now on and lets just start the real market finally again!

[mitchellmint]

i think the 0.2btc buy order could be the bot. if he is out of coins and want to start over again he must buy new coins.

if that is the case then the problem is over as everybody needs to buy coins before they can sell them

it isnt a huge problem as long as bid and ask stay close together. and ofcourse its a market so there will always be traders.

and even if he is planning to buy millions again and then dump then, that would be easy to track as we should see a huge pump.

and a bot isnt stupid...he isnt going to buy high and sell low for long as a bot needs to generate cash.

so i think just forget about the bot from now on and lets just start the real market finally again!

Here HERE!! Cheers!

[GAML]

Hi everyone.


Please keep voting for trustplus on mintpal https://www.mintpal.com/voting  we can vote once per hour.  In September the voting system is being abolished so lets try and get Trust listed before that happens =)

[GAML]

7-12-14  Our coin has a Bot in BitTrex that locks the price at 250 Satoshi.  Every attempt to change it creates a bagholder.  Please do not try to change the price.  Just buy it at the lowest amount.  This bot has 10 BTC support.  The bot just buys back in.  Only buy the lowest block, it will automatically create a new low price block within seconds.  It is time consuming but, we dont want you to become a bag holder.

Bagholders are already created Mitch, remember the price was a 1000 sats and drop to 250. People bought those coins and are now bagholders.

No matter what you do now you can never avoid bagholders.

If you wanted to avoid anyone being a bagholder then this coin would of never hit an exchange OR you would of created an exchange just for trust-btc exchanges with a fix rate.

If I sell now I still end up with some profit but will have to dump the price sub 200 to achieve that.

Disable the bot and let the markets take their natural course, its too late to try and control the price.

We tried extremely hard to keep people around a 400 (the cost of production.)  This new BOT is just another attempt at distracting us from our work.  Our investors are important to us, and we had an IRC conversation last night.  BUYING our way out is not a solution.

The goal of this bot is to frustrate investors.  It is doing a good job.  I have to step up by getting the Services done.

can't the exchange disable the account of this bot?  They must be able to see what it is doing.  Have you asked the exchange if they can disable it~?

[benedictlol]

7-12-14  Our coin has a Bot in BitTrex that locks the price at 250 Satoshi.  Every attempt to change it creates a bagholder.  Please do not try to change the price.  Just buy it at the lowest amount.  This bot has 10 BTC support.  The bot just buys back in.  Only buy the lowest block, it will automatically create a new low price block within seconds.  It is time consuming but, we dont want you to become a bag holder.

Bagholders are already created Mitch, remember the price was a 1000 sats and drop to 250. People bought those coins and are now bagholders.

No matter what you do now you can never avoid bagholders.

If you wanted to avoid anyone being a bagholder then this coin would of never hit an exchange OR you would of created an exchange just for trust-btc exchanges with a fix rate.

If I sell now I still end up with some profit but will have to dump the price sub 200 to achieve that.

Disable the bot and let the markets take their natural course, its too late to try and control the price.

We tried extremely hard to keep people around a 400 (the cost of production.)  This new BOT is just another attempt at distracting us from our work.  Our investors are important to us, and we had an IRC conversation last night.  BUYING our way out is not a solution.

The goal of this bot is to frustrate investors.  It is doing a good job.  I have to step up by getting the Services done.

can't the exchange disable the account of this bot?  They must be able to see what it is doing.  Have you asked the exchange if they can disable it~?

I've been thinking this since the 'bot' was first spoken of.

[mitchellmint]

7-12-14  Our coin has a Bot in BitTrex that locks the price at 250 Satoshi.  Every attempt to change it creates a bagholder.  Please do not try to change the price.  Just buy it at the lowest amount.  This bot has 10 BTC support.  The bot just buys back in.  Only buy the lowest block, it will automatically create a new low price block within seconds.  It is time consuming but, we dont want you to become a bag holder.

Bagholders are already created Mitch, remember the price was a 1000 sats and drop to 250. People bought those coins and are now bagholders.

No matter what you do now you can never avoid bagholders.

If you wanted to avoid anyone being a bagholder then this coin would of never hit an exchange OR you would of created an exchange just for trust-btc exchanges with a fix rate.

If I sell now I still end up with some profit but will have to dump the price sub 200 to achieve that.

Disable the bot and let the markets take their natural course, its too late to try and control the price.

We tried extremely hard to keep people around a 400 (the cost of production.)  This new BOT is just another attempt at distracting us from our work.  Our investors are important to us, and we had an IRC conversation last night.  BUYING our way out is not a solution.

The goal of this bot is to frustrate investors.  It is doing a good job.  I have to step up by getting the Services done.

can't the exchange disable the account of this bot?  They must be able to see what it is doing.  Have you asked the exchange if they can disable it~?

I have talked to every member of BitTrex... This is a very common suppression bot and BitTrex staff cannot pick and choose which bots are allowed and which are not.  I argued the case, BitTrex was trading TRUST at 150 BTC a day... now its at 1.5.  So they are losing 100 times the fees and business.  It was suggested to get a bot and pump the price.  After discussing it with a group of people that were about to buy the bot out, we decided to buy in small chunks and concentrate on innovations.  This keeps the bot at a loss and long term growth is possible again.

I am always open to new ideas on what to do with this Suppression.

[mitchellmint]

Hi everyone.


Please keep voting for trustplus on mintpal https://www.mintpal.com/voting  we can vote once per hour.  In September the voting system is being abolished so lets try and get Trust listed before that happens =)

This is a good idea, but we have a couple investors that own MINTPAL .  They are waiting on a few things before adding us to MintPal, the same with Cryptsy.

[neite99]

What does that tweet about the RPi staff and client server stuff mean?

Are we looking for other coins to join some kind of collective?

Sorry. Its just a little vauge for people like me who aren't developers.