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Automatic Monkey
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September 01, 2014, 09:53:35 PM |
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The fact is you can't stop people from manipulation, you can only not feed into it. I don't want it pumped personally and really with what's coming I think getting rid of it would be kind of a bad move. I'm really striving for real-world useability here and we'll have it. As well as some other features and services that will be neos-friendly and strictly neos for payment.
Best regards,
syntaks
Yes, no major vendor wants the coin he accepted today to be worth something different tomorrow. They are not in the speculation business. Major vendors wants instant low fee exchange into FIAT.. For now. He has to pay his suppliers and workers in fiat. That increases the supply of the coin which lowers the price, but being able to spend the coin at the vendor increases the demand, so it balances out. Crypto will really take off when the primary laborer, the guy who picks the crops or assembles the product and thus has no one to pay but himself will accept crypto. But that's a very long way off. This is the issue I have when discussing the acceptance of BTC with some of my friends who run small businesses. They would love to accept an alternative form of currency, but tye would still need to convert it in order to pay for the goods they need to run their business. It's a trickle down effect. Suppliers at the top need to accept the payment in order for the buyer to make payment using BTC (or any coin for that matter). Sure, which is why I think it is better for a currency to be accepted by the lowest people in a society first, rather than an elite (us) first. Miners joke about whores and drugs but when you think about it, the whore likes drugs, and the drug dealer likes whores, right there you have an economy where the coins will be circulating as currency rather than just exchanged for some other currency. The barber needs to eat, the waiter needs a haircut, etc. This is why the wallet it all-important, it needs to be something that someone who isn't very smart and doesn't have the technical ability of a dev or even a miner can easily load and use. Preferably on a phone. Now that the Bitcoin wallet takes a couple of days for a new user to even load on a desktop, that doesn't look good for its future. |
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Altcoin4life
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September 01, 2014, 10:22:19 PM |
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The fact is you can't stop people from manipulation, you can only not feed into it. I don't want it pumped personally and really with what's coming I think getting rid of it would be kind of a bad move. I'm really striving for real-world useability here and we'll have it. As well as some other features and services that will be neos-friendly and strictly neos for payment.
Best regards,
syntaks
Yes, no major vendor wants the coin he accepted today to be worth something different tomorrow. They are not in the speculation business. Major vendors wants instant low fee exchange into FIAT.. For now. He has to pay his suppliers and workers in fiat. That increases the supply of the coin which lowers the price, but being able to spend the coin at the vendor increases the demand, so it balances out. Crypto will really take off when the primary laborer, the guy who picks the crops or assembles the product and thus has no one to pay but himself will accept crypto. But that's a very long way off. This is the issue I have when discussing the acceptance of BTC with some of my friends who run small businesses. They would love to accept an alternative form of currency, but tye would still need to convert it in order to pay for the goods they need to run their business. It's a trickle down effect. Suppliers at the top need to accept the payment in order for the buyer to make payment using BTC (or any coin for that matter). Sure, which is why I think it is better for a currency to be accepted by the lowest people in a society first, rather than an elite (us) first. Miners joke about whores and drugs but when you think about it, the whore likes drugs, and the drug dealer likes whores, right there you have an economy where the coins will be circulating as currency rather than just exchanged for some other currency. The barber needs to eat, the waiter needs a haircut, etc. This is why the wallet it all-important, it needs to be something that someone who isn't very smart and doesn't have the technical ability of a dev or even a miner can easily load and use. Preferably on a phone. Now that the Bitcoin wallet takes a couple of days for a new user to even load on a desktop, that doesn't look good for its future. This is why I think Neoscoin web wallet is such a big advantage, the more cross platform/device we can get Neos on the better for all involved. |
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MinerMario
Member
 Offline
Activity: 112
Merit: 10
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September 01, 2014, 10:27:29 PM |
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The fact is you can't stop people from manipulation, you can only not feed into it. I don't want it pumped personally and really with what's coming I think getting rid of it would be kind of a bad move. I'm really striving for real-world useability here and we'll have it. As well as some other features and services that will be neos-friendly and strictly neos for payment.
Best regards,
syntaks
Yes, no major vendor wants the coin he accepted today to be worth something different tomorrow. They are not in the speculation business. Major vendors wants instant low fee exchange into FIAT.. For now. He has to pay his suppliers and workers in fiat. That increases the supply of the coin which lowers the price, but being able to spend the coin at the vendor increases the demand, so it balances out. Crypto will really take off when the primary laborer, the guy who picks the crops or assembles the product and thus has no one to pay but himself will accept crypto. But that's a very long way off. This is the issue I have when discussing the acceptance of BTC with some of my friends who run small businesses. They would love to accept an alternative form of currency, but tye would still need to convert it in order to pay for the goods they need to run their business. It's a trickle down effect. Suppliers at the top need to accept the payment in order for the buyer to make payment using BTC (or any coin for that matter). Sure, which is why I think it is better for a currency to be accepted by the lowest people in a society first, rather than an elite (us) first. Miners joke about whores and drugs but when you think about it, the whore likes drugs, and the drug dealer likes whores, right there you have an economy where the coins will be circulating as currency rather than just exchanged for some other currency. The barber needs to eat, the waiter needs a haircut, etc. This is why the wallet it all-important, it needs to be something that someone who isn't very smart and doesn't have the technical ability of a dev or even a miner can easily load and use. Preferably on a phone. Now that the Bitcoin wallet takes a couple of days for a new user to even load on a desktop, that doesn't look good for its future. This is why I think Neoscoin web wallet is such a big advantage, the more cross platform/device we can get Neos on the better for all involved. Absolutely so. Neos will be a great advantage and worth more for it. |
Shitcoins are never "undervalued"
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ereborltc
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September 01, 2014, 10:44:47 PM |
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I am launching an open invitation to any veteran programmers and website designers. I will be giving 121 stones of rough Tanzanite, with a total of 770 carats, worth roughly 300-500$ to anyone that can deliver a crypto currency (BTC and NEOS) website for gemstone trading and would like to partner with me in a lucrative future venture. If interested, please P.M. me.
belibeli
This is a neat idea, would love to see someone partner with belibeli and make this into reality. I pmed you, might have exactly what you need to make this happen, anything i can do to help grow neos, I'm interested...and i like gems also!! |
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MinerMario
Member
Offline
Activity: 112
Merit: 10
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September 01, 2014, 11:00:00 PM |
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At this rate we can buy up the miner's daily output. +1
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Shitcoins are never "undervalued"
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RedZeppelin
Member
Offline
Activity: 70
Merit: 10
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September 01, 2014, 11:04:57 PM |
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At this rate we can buy up the miner's daily output. +1
You assume all miners are selling... |
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MinerMario
Member
Offline
Activity: 112
Merit: 10
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September 01, 2014, 11:22:37 PM |
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At this rate we can buy up the miner's daily output. +1
You assume all miners are selling... They mostly are. Still some holders as well, but mostly sellers from the miners, and that is okay.  |
Shitcoins are never "undervalued"
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tempus
Legendary
Offline
Activity: 1960
Merit: 1128
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September 01, 2014, 11:28:30 PM |
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At this rate we can buy up the miner's daily output. +1
You assume all miners are selling... They mostly are. Still some holders as well, but mostly sellers from the miners, and that is okay. Miners are maybe around 10% of the daily Volume and maybe 20-30% of the Sellers. On Bittrex 24h-Volume: 93k NEOS Daily Mining, if I'm right: 14.400 But, either way the chart looks very good. High Volume, good distribution, and until now: No Pump and Dump or Panic-Selling or whatever. |
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powersup
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September 01, 2014, 11:47:57 PM |
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At this rate we can buy up the miner's daily output. +1
You assume all miners are selling... They mostly are. Still some holders as well, but mostly sellers from the miners, and that is okay. Miners are maybe around 10% of the daily Volume and maybe 20-30% of the Sellers. On Bittrex 24h-Volume: 93k NEOS Daily Mining, if I'm right: 14.400 But, either way the chart looks very good. High Volume, good distribution, and until now: No Pump and Dump or Panic-Selling or whatever. +1 Charts look very healthy. |
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RedZeppelin
Member
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Activity: 70
Merit: 10
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September 01, 2014, 11:48:13 PM |
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At this rate we can buy up the miner's daily output. +1
You assume all miners are selling... They mostly are. Still some holders as well, but mostly sellers from the miners, and that is okay. Like Tempus points out, total amount mined only equals 1/6-1/7 of daily trade assuming all miners sell. Most sellls right now are people that bought in at 9000-15000 and now cash out x2 or x3. That was expected and i belive its good cause we most likely get more smaller bagholders / micro investors and get better distribution. Its better to have 1000 persons with 100 NEOS each then 1 with 100000.. |
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Altcoin4life
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September 01, 2014, 11:53:04 PM |
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At this rate we can buy up the miner's daily output. +1
You assume all miners are selling... They mostly are. Still some holders as well, but mostly sellers from the miners, and that is okay. Like Tempus points out, total amount mined only equals 1/6-1/7 of daily trade assuming all miners sell. Most sellls right now are people that bought in at 9000-15000 and now cash out x2 or x3. That was expected and i belive its good cause we most likely get more smaller bagholders / micro investors and get better distribution. Its better to have 1000 persons with 100 NEOS each then 1 with 100000.. Yes in some ways unless the 1 with 100000 won't sell because they know this price currently is 14x undervalue especially with the new things coming out. Neos has a ways to go before topping out. |
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ereborltc
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September 01, 2014, 11:58:25 PM |
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At this rate we can buy up the miner's daily output. +1
You assume all miners are selling... They mostly are. Still some holders as well, but mostly sellers from the miners, and that is okay. Like Tempus points out, total amount mined only equals 1/6-1/7 of daily trade assuming all miners sell. Most sellls right now are people that bought in at 9000-15000 and now cash out x2 or x3. That was expected and i belive its good cause we most likely get more smaller bagholders / micro investors and get better distribution. Its better to have 1000 persons with 100 NEOS each then 1 with 100000.. Yes in some ways unless the 1 with 100000 won't sell because they know this price currently is 14x undervalue especially with the new things coming out. Neos has a ways to go before topping out. ya i agree |
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yak
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September 02, 2014, 12:08:38 AM |
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Yes in some ways unless the 1 with 100000 won't sell because they know this price currently is 14x undervalue especially with the new things coming out. Neos has a ways to go before topping out.
with the new features coming out, hopefully those 'large' holders will want to reinvest some of their neos in order to help 'kick start' some of them. |
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crazyearner
Legendary
Offline
Activity: 1820
Merit: 1001
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September 02, 2014, 12:25:31 AM |
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Well trading like a boss right now expect prices to go up up and up
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Altcoin4life
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September 02, 2014, 12:34:33 AM |
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Well trading like a boss right now expect prices to go up up and up
I'll help a bit, may as well get it started before the U.S. gets back from their holiday It's buyin time. |
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ereborltc
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September 02, 2014, 12:58:30 AM |
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this is gonna be a great week  |
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studio1one
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September 02, 2014, 05:48:58 AM |
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We got a rich list?
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twoturtles (OP)
Legendary
Offline
Activity: 1050
Merit: 1000
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September 02, 2014, 06:26:23 AM |
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Just an update on v2 folk: the designer is on top of the new wallet interface. Things are coming along nicely =)
Regards,
syntaks
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ereborltc
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September 02, 2014, 06:50:11 AM |
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Just an update on v2 folk: the designer is on top of the new wallet interface. Things are coming along nicely =)
Regards,
syntaks
thanx for the update !! looking forward! +1 |
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suchnekky
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September 02, 2014, 07:08:21 AM |
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Just an update on v2 folk: the designer is on top of the new wallet interface. Things are coming along nicely =)
Regards,
syntaks
This is why I like this man, hes a man of his word, he is actually using the ipo funds as described he would. There arent many coins that you know will go up 100%, but id bet my life on it that it will go up at least 500%. This is free money? |
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