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Author Topic: Announcing Songcoin - Invest in Music  (Read 75547 times)
sp495
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December 29, 2014, 02:06:15 AM
 #281

Hit 1k sats. Woo! Cool

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"The mass of men lead lives of quiet desperation."


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December 29, 2014, 06:22:07 AM
 #282

Hit 1k sats. Woo! Cool

Almost 5k now lol Wink

“But it's a poor fellow who can't take his pleasure without asking other people's permission.” ― Hermann Hesse, Steppenwolf
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December 29, 2014, 08:36:56 AM
 #283

Hit 1k sats. Woo! Cool

Almost 5k now lol Wink

we need https://bittrex.com  !
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December 29, 2014, 12:49:51 PM
 #284

Hit 1k sats. Woo! Cool

Almost 5k now lol Wink

Holy cow! Last night was crazy for songcoin! Shocked

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December 29, 2014, 01:03:06 PM
 #285

Look network hash,over 1gH


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sp495
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December 29, 2014, 01:08:48 PM
 #286

If this kind of volume keeps up it won't be long before bittrex and cryptsy take notice

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December 29, 2014, 06:01:04 PM
 #287

Very nice jump... any announcements I missed or is it just market activity?
sp495
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December 29, 2014, 06:08:18 PM
 #288

Very nice jump... any announcements I missed or is it just market activity?
I believe it's just market activity

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December 29, 2014, 07:21:39 PM
 #289

only 145000 sell wall
highest  sell  offer 0.00500000

 Roll Eyes


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December 30, 2014, 04:21:10 AM
 #290


I find Songcoin to be fascinating -- as you can actually see how the coin is being manipulated by "someone" or a group of "someones" to create "volume" on C-Cex.  Perhaps C-Cex warned the developer that if there was no volume soon, it would be delisted.

Anyway, because the difficulty doesn't change but every 2016 blocks -- you can mine and mine and mine it to death -- until that "someone" decides they don't want to buy the coin at such a high price.  And then no one wants to mine it, as the difficulty will be sky-high.

I guess this is how all coins start these days -- with artificial market manipulation, but this coin is different in the difficulty aspect. 

Very interesting to watch.



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December 30, 2014, 07:53:22 AM
 #291

i don't like the current situation. the networkhash has reached 5G, and most of it comes from the multipools.
they will dump every coin once it's been confirmed in their wallets, and they will leave once the price drops.
and at that time, we will face a sky high diff again, and poor low networkhash power.
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December 30, 2014, 09:46:49 AM
 #292

i don't like the current situation. the networkhash has reached 5G, and most of it comes from the multipools.
they will dump every coin once it's been confirmed in their wallets, and they will leave once the price drops.
and at that time, we will face a sky high diff again, and poor low networkhash power.

Thanks for that,

Yes I can empathize with your thought's to back when I was mining other coins.  Going from PC to V/Cards & then ASIC equipment.  Always chasing the coin I believed would hold the most profit etc.  Then when you find profit opportunities it rarely lasts for long.  Hash-To-Coins is a great mining pool.  The way it's setup is great for the miners as you can get that very clear profitability overview on one screen etc.  Obviously they will smash the most profitable coins and I just looked now on the block explorer http://altcoinguys.blockexperts.com/song and the hash is over 6GH/s now so I guess when block 1206 is up again the hash will drop off massively. 

Ever since day one of the coins release there's been a lone warrior running 25MH/s non stop.  When it would get below 50MH/s I would switch on my Falcon & watch the power meter glow red.  At least then it would give the coin a chance of surviving I thought.  So I'm happy to see the high hash in one way as the coin is obviously healthy.  As I've said before I try to invest around 1 BTC per week in the coin.  Because the pre-mine is secure and we've no plans to dump them, those coins are put aside for future projects.  We've already shifted quite a few out for vested parties.  So I don't know who's pumping the exchange and I only know one of the other large holders. You can see who the miners are and that they're transacting lot's of coins in and out.  They'd be doing alright at the moment.

Yes hdmediaservices - I'm the one to blame for creating the original value on C-CEX.com - When it was around 2-3 ST I was buying and selling thousands a day.  That was on a budget of about $20 per day.  C-CEX min volume is around .10 BTC per day and the coins always traded above that volume so no worries about being delisted.  NO pump & dump activity I'm aware of.  These guys are usually quite open in the chat room and I've not seen any evidence of it.  In my opinion it's scarcity that's pushing it up.  Yesterday at one point there was on around 80K for sale.

Cheers - DP - Songcoin - Invest In Music

 


Songcoin - Invest In Music
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December 30, 2014, 11:00:04 AM
 #293


Difficulty just dropped to 14.86 -- this coin is about to get very very cheap.  It will go down to 200 very soon (and mining will drop down considerably) - unless someone artificially buys the coin high.

The 2016 block difficulty reset is a definite problem for any stability.  But it is still very fascinating to watch the dynamics.



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December 30, 2014, 11:16:25 AM
 #294


Difficulty just dropped to 14.86 -- this coin is about to get very very cheap.  It will go down to 200 very soon (and mining will drop down considerably) - unless someone artificially buys the coin high.

The 2016 block difficulty reset is a definite problem for any stability.  But it is still very fascinating to watch the dynamics.


Probably yes - Very cheap is a good thing for anyone with belief in the future of Songcoin.  Whilst the coin in this immature phase I think they'll be quite a bit of this to & fro stuff and then hopefully when we make an actual development announcement (LOL) things will settle down a bit.  It's interesting that's for sure.


Songcoin - Invest In Music
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December 30, 2014, 03:10:32 PM
 #295


 It took me 20 min to find information about songcoin in internet,who is behind,previous, development and all story related with that,if people will know that than song could be traded 20000 sat,100000 sat,any priceis relative,there is very few coins with real project and very very few wih real company behind that
 so thank you miners for a party


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minerpage
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December 30, 2014, 03:35:51 PM
 #296

Very nice jump... any announcements I missed or is it just market activity?
I believe it's just market activity

Looks kind of random... down to 699 this morning... strange...
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December 30, 2014, 04:22:40 PM
 #297

Very nice jump... any announcements I missed or is it just market activity?
I believe it's just market activity

Looks kind of random... down to 699 this morning... strange...
that is usual in crypto,i know coin ,really legit,pumped to 100000 sat,now traded at 3500


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sp495
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December 30, 2014, 06:55:29 PM
 #298

Very nice jump... any announcements I missed or is it just market activity?
I believe it's just market activity

Looks kind of random... down to 699 this morning... strange...
No matter how random, it's still market activity by definition.  Most likely someone pumped/acquired. Overall market trend looka good, regardless of the dramatic rise and fall from yesterday.  I think it will go down a bit more before regular market trend resumes

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December 30, 2014, 07:01:02 PM
 #299


Well - it is definitely going to require some regular buying at above 150 satoshis -- otherwise it will die off pretty quick and not be mined.



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December 30, 2014, 07:25:14 PM
 #300


Well - it is definitely going to require some regular buying at above 150 satoshis -- otherwise it will die off pretty quick and not be mined.




Which is currently happening. Buys around 300-400. Let's just see where the market and developments take it.

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