manucrypt
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June 19, 2017, 08:52:31 PM |
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Hi guys,
The value of UFOcoin has plummeted to 9 satoshi. Do you believe that it will grow back up, or is this the end of it?
Again why only coinexchange.io is the only exchange that has listed it?
Any replies regarding these matters would be appreciated.
Thanks!
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daimyo (OP)
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June 19, 2017, 09:02:47 PM Last edit: June 19, 2017, 09:13:24 PM by daimyo |
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Hi guys,
The value of UFOcoin has plummeted to 9 satoshi. Do you believe that it will grow back up, or this is the end of it?
Again why only coinexchange.io is the only exchange that has listed it?
Any replies regarding these matters would be appreciated
Thanks!
It should get on more exchanges to have more movement. Coinexchange.io had limited movement, nobody was selling at one point. Many folks are holding their coins, thus hurting the economy... There just has to be movement. I managed to make about 0.4 btc just by moving my coins for a couple of days. But folks want to be instant millionaires by holding the coins for when the right price hits. You will never be millionaires, folks! Btw, folks get active only when there is a difference in the price... otherwise I see no engagement... Only a couple of folks have contacted me asking what could be done. So do not get frustrated when the price plummets. The problem is partly in you too. The price is a reflection of the community and at this point its bigger than the community
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Value does not exist outside of human consciousness
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manucrypt
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June 19, 2017, 09:14:46 PM |
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It should get on more exchanges to have more movement. Coinexchange.io had limited movement, nobody was selling at one point. Many folks are holding their coins, thus hurting the economy... There just has to be movement.
I managed to make about 0.4 btc just by moving my coins for a couple of days. But folks want to be instant millionaires by holding the coins for when the right price hits. You will never be millionaires, folks!
Btw, folks get active only when there is a difference in the price... otherwise I see no engagement... Only a couple of folks have contacted me asking what could be done. So do not get frustrated when the price plummets. The problem is partly in you too.
Hi daimyo, I am very interested in participating in helping to increase the value of UFO coin. By saying moving your coins, do you mean that you traded only on market UFO/BTC or by trading on other markets too? Could you please give me some tips on the most appropriate moves and I will proceed in doing them. Regards.
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daimyo (OP)
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June 19, 2017, 09:24:29 PM |
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It should get on more exchanges to have more movement. Coinexchange.io had limited movement, nobody was selling at one point. Many folks are holding their coins, thus hurting the economy... There just has to be movement.
I managed to make about 0.4 btc just by moving my coins for a couple of days. But folks want to be instant millionaires by holding the coins for when the right price hits. You will never be millionaires, folks!
Btw, folks get active only when there is a difference in the price... otherwise I see no engagement... Only a couple of folks have contacted me asking what could be done. So do not get frustrated when the price plummets. The problem is partly in you too.
Hi daimyo, I am very interested in participating in helping to increase the value of UFO coin. By saying moving your coins, do you mean that you traded only on market UFO/BTC or by trading on other markets too? Could you give me some tips please on the most appropriate moves and I will proceed in doing them. Regards. I traded BTC/UFO only, buying and selling and my net profit was 0.44-5 btc while retaining my ufo coins... It could be a very profitable coin if it had a healthy community behind it. The activity on coinexchange.io slowed down though and the stream ended when somebody hit my buy orders at once. But folks prefer to hold their coins and hope for a miracle one day. Ain't gonna happen. What could you do to increase the value? Well... I do not know how to do it overnight, sorry. We are seeking to expand our "community" with more active members now. I hope more folks buy at high price because only then they realize that it is in their interest to make it go higher. Just get active or get radioactive
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Value does not exist outside of human consciousness
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manucrypt
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June 19, 2017, 09:32:44 PM |
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I traded BTC/UFO only, buying and selling and my net profit was 0.44-5 btc while retaining my ufo coins... It could be a very profitable coin. The activity on coinexchange.io slowed down and the stream ended when somebody hit my buy orders at once. What could you do to increase the value? Well... I do not know how to do it overnight, sorry. We are seeking to expand our "community" with more active members now. I hope more folks buy at high price because only then they realize that it is in their interest to make it go higher. Just get active or get radioactive Well said. Trading is risky. What happens if you sell on a value you think it is high and you expect to buy lower, then all of a sudden the value gets really high without you on board. Has happened to me. And I don't want one more time. I believe people are affraid to trade including me. Do you think that people should be afraid to trade UFO coin? I am.
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daimyo (OP)
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June 19, 2017, 09:39:08 PM Last edit: June 19, 2017, 09:51:21 PM by daimyo |
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I traded BTC/UFO only, buying and selling and my net profit was 0.44-5 btc while retaining my ufo coins... It could be a very profitable coin. The activity on coinexchange.io slowed down and the stream ended when somebody hit my buy orders at once. What could you do to increase the value? Well... I do not know how to do it overnight, sorry. We are seeking to expand our "community" with more active members now. I hope more folks buy at high price because only then they realize that it is in their interest to make it go higher. Just get active or get radioactive Well said. Trading is risky. What happens if you sell on a value you think it is high and you expect to buy lower, then all of a sudden the value gets really high without you on board. Has happened to me. And I don't want one more time. I believe people are affraid to trade including me. Do you think that people should be afraid to trade UFO coin? I am. If you do not trade it is going nowhere. Capitalism is based on the movement of capital. If all of you hold your coins what kind of goddamn economy are we talking about? Of course nobody would be interested if there is no movement. I wasnt afraid to put my coins and made off with a small profit in a couple of days. And I am telling you I am not a trader... It is just common sense There are 200M coins worth of sell orders now on coinexchanges.io with 3,3B coins issued. Thats 6% of all coins... tell me seriously what are you hoping for? Folks have to get active. Of course some will gain and others will lose but that would give them extra incentive to participate in improving the price.
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Value does not exist outside of human consciousness
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manucrypt
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June 19, 2017, 09:51:17 PM Last edit: June 19, 2017, 10:17:58 PM by manucrypt |
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I will begin trading UFO/BTC.
Today I only bought from the sell orders. But now I will place buy orders and sell orders instead.
Thanks for letting me know of the issue bag holding UFO coins creates. I hope UFO coin bag holders got the message. Buy and sell people on coinexchange.io for the moment.
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daimyo (OP)
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June 19, 2017, 09:54:58 PM |
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I will begin trading UFO/BTC now.
Today I only bought from the sell orders. But now I will place buy orders and sell orders instead.
Thanks for letting me know of the issue bag holding UFO coins creates. I hope UFO coin bag holders got the message. Buy and sell people on coinexchange.io for the moment.
Alright, mate. Trade smart. Do not let yourself lose more than you can afford to. Just basic advice. But we need to get on other exchanges anyway and we will. Getting back on Bittrex would be nice because a big part of the coins is still there. That'll create movement
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Value does not exist outside of human consciousness
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manucrypt
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June 19, 2017, 10:22:44 PM |
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Another matter is that mining difficulty is not increasing, hence people receive a great amount of newly issued coins through blocks, aimed for bag holding or selling for BTC from the buy orders.
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daimyo (OP)
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June 19, 2017, 10:29:53 PM Last edit: June 19, 2017, 10:40:34 PM by daimyo |
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Another matter is that mining difficulty is not increasing, hence people receive a great amount of newly issued coins through blocks, aimed for bag holding or selling for BTC from the buy orders.
They werent selling when UFO was at 17... I mean if I were mining i would have sold right away because it would be profitable. I dont believe they even know what coin they are mining lol But, hey, keep your coins. In other words - business as usual.
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Value does not exist outside of human consciousness
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manucrypt
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June 19, 2017, 10:41:28 PM |
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I dont believe they even know what coin they are mining lol True, true. However, Can you increase the mining difficulty? You are the developer right? Increase it! You know that printing money devalues a currency. If a country prints a lot of money then you can buy the same things with more units of a currency. Everything is more 'expensive' ... but that is not really true. It is the currency that devalues.
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daimyo (OP)
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June 19, 2017, 10:45:25 PM |
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I dont believe they even know what coin they are mining lol True, true. However, Can you increase the mining difficulty? You are the developer right? Increase it! You know that printing money devalues a currency. If a country prints a lot of money then you can buy the same things with more units of a currency. Everything is more 'expensive' ... but that is not really true. It is the currency that devalues. Only miners can increase difficulty. This is how it works.
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Value does not exist outside of human consciousness
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x0n4r
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xonar: UFO Team and Feathercoin Team member
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June 19, 2017, 11:01:41 PM |
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Only miners can increase difficulty. This is how it works.
agree 100% increasing Hashrate (mining activity), the difficulty increase.
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ThepowerofD
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June 20, 2017, 03:37:06 AM |
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I hear and read good things for this coin so far gonna stay intuned
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Len
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June 20, 2017, 06:22:38 PM |
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I take a bit of a different outlook on it. I don't see the problem of people holding their coins except for the argument of poor distribution. People moving their coins to the exchange and putting up sell orders is not going to help, yes this will create increased volume in the very short term, but this is only going to result in downward pressure. If you want to increase the value of the coin buy more not sell it.
What we need is real volume created by awareness and interest in the coin resulting in buy orders. This demand is only going to come through people being confident that the coin has potential in regards to the proposed developments, and through increased activity on the forum and social media.
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neuroflux
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June 20, 2017, 08:26:46 PM |
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This demand is only going to come through people being confident that the coin has potential in regards to the proposed developments, and through increased activity on the forum and social media.
Would anyone like the idea of setting up a fund people can donate UFO(coin) to to help UFO research (ala. SETI etc)?
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daimyo (OP)
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June 20, 2017, 08:38:07 PM |
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This demand is only going to come through people being confident that the coin has potential in regards to the proposed developments, and through increased activity on the forum and social media.
Would anyone like the idea of setting up a fund people can donate UFO(coin) to to help UFO research (ala. SETI etc)? I would suggest we fund UFO Coin improvement first, then take care of SETI lol This is a donation address you can send your donations to: C5R3wXqB6eGGNfgz8SdMvwKtq6dWNwai2J 210 000 UFO donated so far. Lets make it 20M.
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Value does not exist outside of human consciousness
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fuda
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June 20, 2017, 11:43:08 PM |
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I hear and read good things for this coin so far gonna stay intuned
Yeah, stay tuned for more shitposts like this one and basically their whole twitter: https://twitter.com/UFOCoins/status/876852669582901249Which is extremely funny when we consider tweet from the day before: "The UFO Coin Team is actively looking for new partners and supporters. If you think you can be part of it, please reach out to us" *very representative* *much funny* *muh roiz* *ufo in name* *many piss incoming* *much autism* *wow*
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Tara11
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June 21, 2017, 09:25:26 PM |
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Any working nodes? I can't sync.
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daimyo (OP)
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June 21, 2017, 10:12:54 PM |
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Any working nodes? I can't sync.
If you have problems syncing your wallet, in your wallet go to Help - Debug window - Console add the line: addnode node1.ns0.it and hit enter It will be hardcoded in the next wallet version
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Value does not exist outside of human consciousness
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