[ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★

[andreibi]

I am more and more interested in this coin. It would be great to know where is the floor, when should I get in. I guess this is what many of us would like to know

That is the question...since BTCDrak just works in the background. No ETA - no promises, just delivers. Maybe while you're sleeping the price could just triple, you never know.

Then, hindsight is a bitch.

The best strategy for trading coins with real innovative development and with top-notch developers is to hold what you have because you can't predict a rising price and set low buy orders to catch weak hand sells.

With Viacoin, you have no fear of devs leaving the coin or major holders dumping on you at these low prices (maybe when Viacoin reaches its peak price), so you don't buy high and sell low - only buy more.

Stop buying coins with empty promises, unachievable goals and unproven devs. High chances you will lose on them.

[leo0808]

Hi everyone!,
Just a quick question. I am not sure if it has been asked before.
How do I convert my VIA to XCH?

[threecats]

This weak hand phrase is overused.

People exit the coin based on rational judgements.

Someone made a large rational judgement a few minutes ago.

This thread is clocking about one page a day.

Compare that to the BTCD thread with alot of active dev / investor interplay, lots of creative and interesting interactions going on.

I hold both coins.

The weak hand explanation is whistling past the  graveyard imho.

[btcdrak]

Hi everyone!,
Just a quick question. I am not sure if it has been asked before.
How do I convert my VIA to XCH?

In clearwallet.co just send over some VIA to your wallet, then use the dropdown to "convert to XCH".

[andreibi]

Hi everyone!,
Just a quick question. I am not sure if it has been asked before.
How do I convert my VIA to XCH?

Go to https://clearwallet.co/ Send your Viacoins there. Then two options - Convert/burn your viacoins into xch or trade them - which ever is cheaper.

Check conversion rate at http://xch.blockscan.com/ and then compare with the trading rate in the exchange.

[btcdrak]

threecats, I am not commenting on Viacoin markets, but want to address something you said: I disagree that traders (in general) make rational judgements. The term "weak hands" is used to refer to people who make irrational (emotional) judgements. Most trading is based on emotion, not ration and that is why most people do not do well at trading. Shark trading tactics work exactly because people are emotional. Both emotions of elation and fear equally trap people into making bad decisions. That's why you often hear people say "buy when others are selling" and "sell when others are buying".

Anyway, I'll shut up now

[andreibi]

This weak hand phrase is overused.

People exit the coin based on rational judgements.

Someone made a large rational judgement a few minutes ago.

This thread is clocking about one page a day.

Compare that to the BTCD thread with alot of active dev / investor interplay, lots of creative and interesting interactions going on.

I hold both coins.

The weak hand explanation is whistling past the  graveyard imho.

No, there were large buy orders waiting at the 28.5k range SINCE Wednesday. Someone tweets to induce FUD and does mini sells. Weak whales get spooked and the low buy orders get filled.

I would worry if the buy orders were non-existent, just like in dead coins.

[threecats]

threecats, I am not commenting on Viacoin markets, but want to address something you said: I disagree that traders (in general) make rational judgements. The term "weak hands" is used to refer to people who make irrational (emotional) judgements. Most trading is based on emotion, not ration and that is why most people do not do well at trading. Shark trading tactics work exactly because people are emotional. Both emotions of elation and fear equally trap people into making bad decisions. That's why you often hear people say "buy when others are selling" and "sell when others are buying".

Anyway, I'll shut up now

Hi Drak

Thanks for the reply. I hope you don't shut up. I like to see you posting as much as your time allows. Always good to hear from the core.

I am sure many traders make irrational judgments. I am sure you will agree many also make quite rational judgments based on the best information and insights they have at hand. I think this is where the vacuum currently is - information at hand.

For a coin and concept like Via, it is not advantageous to assume that investors automatically 'know' the progress, ramifications and results of development. I like many others was very impressed with the addition of Peter Todd to the team. Since then, there has been no exposition  - in this thread - of how this is developing. I remember a short post of yours - "when there are developments, we'll let you know" - that i read as basically shut up and stop asking questions. 

If this is really the path you are choosing -  that average readers of this thread should have faith, and not be more involved in how this is all unfolding - that's totally ok. It is your coin. I mean that, I really do. However, that's where the excitement is. That's where the juice is. Why not share that fire.

It is my read that the languishing of the market price reflects a general feeling that well, nothing much is going on with Via. And the unfortunate thing is -  i am quite sure  - this is not true.

Just my two sat. Cheers.

[btcdrak]

threecats - it's a pretty interesting balance to find. I don't want to hype my own stuff at all because the trend in altcoins is to find something hypeable, publish a "white paper" and then use that as an excuse for a pump. I want to break the mould. I am actually not focusing on price personally, but building awesome stuff. Viacoin has been approached by a lot of people from seasoned and well respected projects, there is plenty brewing, but until things are more concrete I would rather not talk about stuff in an effort to inspire confidence artificially.

[threecats]

I get it. It is a thin line in perception between hype and genuine passion for a project. However what you guys are doing is so far from that line it is not even a danger.

I guess my argument is this: share the passion - the exact same passion that makes you so stoked to work on this - and let the readers / investors decide. 

Does not have to be about pipeline stuff. Far better to have musings on the nature of what you are doing, the ramifications, the quandaries, the core challenges that you are chipping away at. Glimpses of the possible.

Jmho. I'll shut up now : -)

[btcdrak]

I get it. It is a thin line in perception between hype and genuine passion for a project. However what you guys are doing is so far from that line it is not even a danger.

I guess my argument is this: share the passion - the exact same passion that makes you so stoked to work on this - and let the readers / investors decide. 

Does not have to be about pipeline stuff. Far better to have musings on the nature of what you are doing, the ramifications, the quandaries, the core challenges that you are chipping away at. Glimpses of the possible.

Jmho. I'll shut up now : -)

You have a good point there. Next challenge is finding the time

[Zer0Sum]

This weak hand phrase is overused.

People exit the coin based on rational judgements.

Yes, Pros exit all the time...
Because new trading opportunities come along constantly.

For a Pro Trader...
The hardest thing to learn is when to take a painful loss... and just move on.

Any idiot can buy and hold and crow about their profits...
And continue holding like a deer in the headlights thru a Death Spiral to zero...
But having the balls to cut your losses (not ave down, get the hell out)...
Separates the 2% winners from the 98% losers... and all Zero Sum Games have roughly 2% winners.

The "weak hand phrase" essentially justifies amateur trading psychology...
In a ruthless market where 90% of the coins are effectively going to zero within 12-24 months.

Though none of this applies to VIA at this time.

[Majormax]

This weak hand phrase is overused.

People exit the coin based on rational judgements.

Yes, Pros exit all the time...
Because new trading opportunities come along constantly.

For a Pro Trader...
The hardest thing to learn is when to take a painful loss... and just move on.

Any idiot can buy and hold and crow about their profits...
And continue holding like a deer in the headlights thru a Death Spiral to zero...
But having the balls to cut your losses (not ave down, get the hell out)...
Separates the 2% winners from the 98% losers... and all Zero Sum Games have roughly 2% winners.

The "weak hand phrase" essentially justifies amateur trading psychology...
In a ruthless market where 90% of the coins are effectively going to zero within 12-24 months.

Though none of this applies to VIA at this time.

More likely 99% of coins are going to -99% in 24 months. There will be new ones coming along all the time, and it would be unrealistic to expect more than a handful of long term big winners.

My own thought is that there will be a long phase of consolidation, where talented developers and community slowly join forces or migrate to winning currencies. This will be very slow, as loyalties are strong (if misplaced), but it is inevitable eventually, and I see the very beginnings of the process already.

[q327K091]

This weak hand phrase is overused.

People exit the coin based on rational judgements.

Yes, Pros exit all the time...
Because new trading opportunities come along constantly.

For a Pro Trader...
The hardest thing to learn is when to take a painful loss... and just move on.

Any idiot can buy and hold and crow about their profits...
And continue holding like a deer in the headlights thru a Death Spiral to zero...
But having the balls to cut your losses (not ave down, get the hell out)...
Separates the 2% winners from the 98% losers... and all Zero Sum Games have roughly 2% winners.

The "weak hand phrase" essentially justifies amateur trading psychology...
In a ruthless market where 90% of the coins are effectively going to zero within 12-24 months.

Though none of this applies to VIA at this time.

More likely 99% of coins are going to -99% in 24 months. There will be new ones coming along all the time, and it would be unrealistic to expect more than a handful of long term big winners.

My own thought is that there will be a long phase of consolidation, where talented developers and community slowly join forces or migrate to winning currencies. This will be very slow, as loyalties are strong (if misplaced), but it is inevitable eventually, and I see the very beginnings of the process already.

makes a lot of sense what you just said, from my end I would say/add that country coins will return in force, as loyalties are strong in a different sense, its tough to predict the future.. checking my BTC off free cloud to see if I can make another VIA purchase 

[provenceday]

when people are fearing,just keep buying some cheap coins.

also when will we have next update from dev?

so how is everything going now?

[SamWalters]

Suchpool needs some hashpower
miners lets go to http://suchpool.pw/via

[q327K091]

yay! Credit: 3.74878535 VIA  for approx .50 cents or circa 0.0011656 BTC adding up to the total of 280.1911385 VIA almost there to designated target

very generous spender I am, however it could be that VIA will approach BTC pricing (who knows! actually no one knows) so 4 x 500 (and in the future 10,000, but lets dream less) = 2,000$ power of suggestion

[SamWalters]

yay! Credit: 3.74878535 VIA  for approx .50 cents or circa 0.0011656 BTC adding up to the total of 280.1911385 VIA almost there to designated target

very generous spender I am, however it could be that VIA will approach BTC pricing (who knows! actually no one knows) so 4 x 500 (and in the future 10,000, but lets dream less) = 2,000$ power of suggestion

I like VIA

[SamWalters]

12 hours of mining VIA and 1 unconfirmed coin earned. Damn this is tough, no wonder the price is where it's at and it seems to be growing.

EDIT: Buy Wall support at 0.00028250   asking to get filled for 9942.75243992 VIA coins   2.80882756 BTC worth
Source: https://www.cryptsy.com/markets/view/261

[georgeandy]

there is no invester focus on this coin , This is bad things..
some one drop 27BTC viacoin just now.
seem it will be come to 20K