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Author Topic: [ANN] $XQN Quotient Financial Network | PoW Scrypt, PoS Blake-256 | UPDATE NOW  (Read 194442 times)
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chesthing
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February 19, 2015, 08:42:06 PM
 #1681

The only thing that makes sense is either the spike data is inaccurate or this is another exchange heist, maybe someone figured out how to use Bittrex's btc wallet to buy these coins and somehow figured out how to hide it from Bittrex which would explain the volume being absent from the last 24 hour volume info?
Trying not to sound like a conspiracy nut, but this spike makes absolutely no sense.
solid12345
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February 19, 2015, 10:08:13 PM
 #1682

The only thing that makes sense is either the spike data is inaccurate or this is another exchange heist, maybe someone figured out how to use Bittrex's btc wallet to buy these coins and somehow figured out how to hide it from Bittrex which would explain the volume being absent from the last 24 hour volume info?
Trying not to sound like a conspiracy nut, but this spike makes absolutely no sense.

I'll say it again, I didn't buy up the order book, someone else did who wanted alot of coins. I did see though after he did it was only 1 btc left on the sell book to buy it up 1 btc price, so I went and did it for the lulz mostly, and it was good advertising for XQN. I may be out 200 bucks but hey I know i'll make it up easily with where this coin is going.
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February 19, 2015, 10:19:17 PM
 #1683

The only thing that makes sense is either the spike data is inaccurate or this is another exchange heist, maybe someone figured out how to use Bittrex's btc wallet to buy these coins and somehow figured out how to hide it from Bittrex which would explain the volume being absent from the last 24 hour volume info?
Trying not to sound like a conspiracy nut, but this spike makes absolutely no sense.

any time theres been a heist, scam, or log-in takeover we have heard about it within 30 minutes. its been close to a day... If you weren't in IRC when this guy was explaining why he bought the book, or dont believe solid bought the last 1 btc for sale for shitsngiggles your tinfoil hat is probably to large to even receive this message, let alone process it.

$MAID & $BTC other than that some short hodls and some long held garbage.
twistelaar
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February 19, 2015, 10:48:42 PM
 #1684

WTB QUOTIENT @ 4000 SAT - 0.75 BTC
solid12345
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February 19, 2015, 10:59:29 PM
 #1685

200k wallet off of rex, getting rarer now~!
vince232
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February 19, 2015, 11:03:16 PM
 #1686

Specifications
1,618,033 coins (proof-of-work)
1,618% PoS interest rate
618 coin cap on stake reward
61 second block spacing
161 blocks to maturity
Min Coin Age 16 hours
1% Premine (16,180 coins) - so the developers are well fed

what does min coin age 16 hours mean?
chesthing
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February 19, 2015, 11:05:41 PM
Last edit: February 19, 2015, 11:21:34 PM by chesthing
 #1687

The only thing that makes sense is either the spike data is inaccurate or this is another exchange heist, maybe someone figured out how to use Bittrex's btc wallet to buy these coins and somehow figured out how to hide it from Bittrex which would explain the volume being absent from the last 24 hour volume info?
Trying not to sound like a conspiracy nut, but this spike makes absolutely no sense.

any time theres been a heist, scam, or log-in takeover we have heard about it within 30 minutes. its been close to a day... If you weren't in IRC when this guy was explaining why he bought the book, or dont believe solid bought the last 1 btc for sale for shitsngiggles your tinfoil hat is probably to large to even receive this message, let alone process it.
The 25k btc volume must be an error then. What those guys did, if true, is almost too stupid to believe. Were they on a massive coke binge?
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February 19, 2015, 11:51:31 PM
 #1688

what does min coin age 16 hours mean?

It means that 16 hours after your coins landed on your wallet, they are eligible to stake. Once they have staked, and another 16 hours have elapsed, they are eligible to stake again. And so on, and so forth...  Wink
Note: most times it takes longer to stake them, perhaps 24 to 36 hours would be the average for ~600 to ~1200 sized blocks (or, ahem, UTXOs). Luck plays a big part in how quick you earn each stake.

Happy Staking!

solid12345
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February 19, 2015, 11:54:21 PM
 #1689


The 25k btc volume must be an error then. What those guys did, if true, is almost too stupid to believe. Were they on a massive coke binge?

Who is more stupid, the guy who spent 25 btc to get 50k coins or the guy who sold me 60k coins for 2-3 bitcoins a week ago?
Geenstijl
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February 19, 2015, 11:58:56 PM
 #1690


The 25k btc volume must be an error then. What those guys did, if true, is almost too stupid to believe. Were they on a massive coke binge?

Who is more stupid, the guy who spent 25 btc to get 50k coins or the guy who sold me 60k coins for 2-3 bitcoins a week ago?

25k btc is like 6 million bucks? i doubt that someone puts such amount of money on an exchange Wink
chesthing
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February 20, 2015, 12:55:08 AM
 #1691


The 25k btc volume must be an error then. What those guys did, if true, is almost too stupid to believe. Were they on a massive coke binge?

Who is more stupid, the guy who spent 25 btc to get 50k coins or the guy who sold me 60k coins for 2-3 bitcoins a week ago?

25k btc is like 6 million bucks? i doubt that someone puts such amount of money on an exchange Wink
Me neither, that's why I assumed it to be Bittrex btc. I don't understand why the listed volume is so far off of what actually occurred, it had me very confused.

About the stupid comment I wish I hadn't said that, as I made some good profit from the spike - let me change it to thanks to whoever did it and hope you don't take too much of a hit.
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February 20, 2015, 02:36:39 AM
 #1692


The 25k btc volume must be an error then. What those guys did, if true, is almost too stupid to believe. Were they on a massive coke binge?

Who is more stupid, the guy who spent 25 btc to get 50k coins or the guy who sold me 60k coins for 2-3 bitcoins a week ago?

25k btc is like 6 million bucks? i doubt that someone puts such amount of money on an exchange Wink
Me neither, that's why I assumed it to be Bittrex btc. I don't understand why the listed volume is so far off of what actually occurred, it had me very confused.

About the stupid comment I wish I hadn't said that, as I made some good profit from the spike - let me change it to thanks to whoever did it and hope you don't take too much of a hit.
25k BTC isn't big deal  for team if they like to double or triple they investment. Lets say if somebody have  60 or 70 mill budget to invest money for 50 or 60 % in few weeks .As far I remember
most people call as ( early bitcoin miners) that we're stupid .But after while those stupid guys turn to be an millionaires and for sure today  nobody call them stupid.Conclusion IMO that wasn't a single guy but group of smart guys and probably we will have answer very soon .Because BTC price will skyrocket after first quarter of fiscal year  and we all know that first quarter of fiscal year is ended at March 10 . 4 -pm
Lets see.. Who is right.   Grin

Altcoins programming is a race between software engineers, who strive to produce idiot-proof programs, and the universe which strives to produce bigger idiots
Bittrex-Bill
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February 20, 2015, 06:33:34 AM
 #1693

Hi,

there is some confusion as to what happened with this tick so I'll explain.  The BTC volume in the tick is an approximation that takes the average of the opening and closing price of the tick and multiplies it by the amount of XQN that was sold  The XQN volume of the tick is accurate but because of the wild price change of the tick, the BTC volume was horribly skewed. 

50,533.33 XQN were sold in that tick and the avg price was (1 + .00009999)/2 ~= 0.5 BTC.  If you multiply that together, you see why the chart thinks the BTC was 25000 BTC volume in that tick.

Sorry for the confusion.  We'll be fixing this in a future update to the site.
Bill



The 25k btc volume must be an error then. What those guys did, if true, is almost too stupid to believe. Were they on a massive coke binge?

Who is more stupid, the guy who spent 25 btc to get 50k coins or the guy who sold me 60k coins for 2-3 bitcoins a week ago?

25k btc is like 6 million bucks? i doubt that someone puts such amount of money on an exchange Wink
Me neither, that's why I assumed it to be Bittrex btc. I don't understand why the listed volume is so far off of what actually occurred, it had me very confused.

About the stupid comment I wish I hadn't said that, as I made some good profit from the spike - let me change it to thanks to whoever did it and hope you don't take too much of a hit.
25k BTC isn't big deal  for team if they like to double or triple they investment. Lets say if somebody have  60 or 70 mill budget to invest money for 50 or 60 % in few weeks .As far I remember
most people call as ( early bitcoin miners) that we're stupid .But after while those stupid guys turn to be an millionaires and for sure today  nobody call them stupid.Conclusion IMO that wasn't a single guy but group of smart guys and probably we will have answer very soon .Because BTC price will skyrocket after first quarter of fiscal year  and we all know that first quarter of fiscal year is ended at March 10 . 4 -pm
Lets see.. Who is right.   Grin
rakesh1_90
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February 20, 2015, 06:48:12 AM
 #1694

Hey why not make a signature for xqn?
CTRLX
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February 20, 2015, 07:12:39 AM
 #1695

200k wallet off of rex, getting rarer now~!

You sir, have a keen eye
CTRLX
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February 20, 2015, 10:07:02 AM
 #1696

Epic shakeout on both XQN and XAI. Someone wants more for cheap. Panicselling newcomes will get burned
vince232
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February 20, 2015, 01:44:57 PM
 #1697

how many hours before i can stake?
myagui
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February 20, 2015, 01:48:34 PM
 #1698

how many hours before i can stake?

Didn't you read my response to your related question just yesterday?  Roll Eyes
In case you missed it, here's a direct link to that post...
https://bitcointalk.org/index.php?topic=854299.msg10517693#msg10517693

vince232
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February 20, 2015, 01:51:58 PM
 #1699

how many hours before i can stake?

Didn't you read my response to your related question just yesterday?  Roll Eyes
In case you missed it, here's a direct link to that post...
https://bitcointalk.org/index.php?topic=854299.msg10517693#msg10517693

thanks! hmm i dont get the part after 16 hours they will be eligible again. is it after 16 hours that coins landed on my coins i will be able to stake then after a reward i would need to wait for 16 hours again?
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February 20, 2015, 01:55:09 PM
 #1700

Yes, you got it!
Do try and optimize your inputs, by having blocks sized around ~600 to ~1200 coins each (there's instructions on this a few pages back if you need them). For the current level of competition on the network, don't expect to stake at anywhere close to 16 hours though, most times it will take quite a bit longer.

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