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Author Topic: Vertcoin - 1 | ASIC - 0 | Lyra2RE | Decentralised | GPU Mineable | Open Source  (Read 415073 times)
q327K091
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June 14, 2015, 06:01:31 PM
Last edit: June 14, 2015, 06:53:59 PM by q327K091
 #1001

copying pasting some of my observations on the situation right as a service to the community

was hair thin close to selling 10K yesterday, but risk is always there they ("group") could re-pump it.. since VERT is known and part of shapeshifter it is going to be traded and exchanged and BIG hope is used in commerce (in some ways because of shapeshifter you can use VERT on overstock and other retailers)

so here is the scenario a) either we going down to ~ 0.0001 0.0002 or 0.0003 or we rebound right now,

I personally am covered (made it so by now infamous 30/70 split 30% in BTC rest in VTC)some of you are not. but this is threshold right now group still has hundred's of thousands of VERTS that they hoped to unload sooner side chains tied to BTC will still have problem of big farms and centralization, I think you are well positioned with VERT in that regard, VERT can "kill" asic devices with couple lines of algorithm change and fork, and manufactures wont risk that, BTC has so much bureaucracy that every single line of code change is scrutinized as many tied life savings and life reputation to it, VERT is much much more agile

hence, I believe we are rebounding long term, also as a favor to community do check XPM for newest pump and if you ride that wave bring BTC here and re-purchase as said.. not to mention VERT is continuously being mined as we speak and supply is getting less

"group" is now pumping between 100,000 to 200,000$ a day into XPM watch repeat of the same with XPM , buy now whatever and not more you can afford , and once MC reaches 4 million (is my estimate) sell immediate, so you can in principle 2 x your BTC, bring it here and wait until situation with the group clears out, or buy immediate.. (this is tough to predict, group for example could wait till they see volume go up and sell immediate as well and you lose (short term) ... dynamics are very hard to predict,,, group would rather take VERT proceeds and put into XPM (because profit margin are much higher in the aggressive pump which is occurring there right now), since you are not buying .. it makes them anxious for sure

in summary, and treating this like a game theory, your best bet is to mine, I am serious, lowest level exposure, and if you do put in FIAT do so at low levels , because % gains are so large even let say 50$ in XPM can multiply rapidly..

I am like "Ryan" but without a fee and fully transparent   Cool

update: allocated around 1.5 BTC from VERT and put right into XPM missing a bottom by some.. but that's ok, coin is very tough to mine with serious mathematical "side effects" and very fast transaction times (same as VERT) perfect for commerce

something big is going to happen with XPM
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June 14, 2015, 06:57:30 PM
Last edit: June 14, 2015, 07:28:35 PM by q327K091
 #1002

the only reason is that both VERT and XPM share certain similarities (mostly transaction time perfect for commerce) as well as it will allow folks to dry some tears , it is important people are not sour about things to move this whole enterprise forward

with XPM I missed true bottom but also did not get it as higher few hours ago.. we shall see , but at these levels 1.5 BTC got me substantial XPM.. more than VERT . and I shall play this accordingly

injection of 200,000$ into XPM made me do this.. lets observe...

I mined XPM a year ago in the cloud using powerful multi core servers.. it is tough.. you seeing bargain true bargain level pricing right now..

there is also a way to tweak both VERT and XPM algo (and fork) and render asic's useless.. no manufacturer (and potential buyers of these devices as a result) will risk that

so now I have a split, BTC (for side chains) VERT and XPM (for distributed commerce and asic's protection)

withdrawn complete XPM amount it is in several thousands. exchanges go down or are hacked or simply cheat, as soon I have crypto in hand I withdraw, advice the same

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June 15, 2015, 07:45:52 AM
 #1003

Come again please ... so the lead developer of Vertcoin is a 17 years old school boy? Unfucking believable. You all who is pumping this thing must be fucking joking.
It seems that you are new here.
Its nice to see people that come here just so that they can spread their wisdom, but Im quite sure that we can do without it.
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June 15, 2015, 01:46:27 PM
 #1004

dump is over vert will be back to 100k


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June 15, 2015, 02:38:44 PM
 #1005

dump is over vert will be back to 100k

 the price from 2500 to 250 000

dump is not done with sure

The VTC is the top 10 profi coin  Wink

http://www.coinwarz.com/cryptocurrency

http://www.coinwarz.com/difficulty-charts/vertcoin-difficulty-chart
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June 16, 2015, 11:51:10 AM
 #1006

there's a bot running that keeps a little sell wall (1-2 btc) around 2k sats above the lowest ask.
That means, someone is making an effort not to let the price rise again. For now.

Removed that, the road to 80k again is nice and flat. I say pump is a matter of time.
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June 16, 2015, 12:03:39 PM
 #1007

there's a bot running that keeps a little sell wall (1-2 btc) around 2k sats above the lowest ask.
That means, someone is making an effort not to let the price rise again. For now.

Removed that, the road to 80k again is nice and flat. I say pump is a matter of time.

Wall was in place since yesterday, as far as I know.

But someone read me now, wall removed  Wink
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June 16, 2015, 01:15:16 PM
 #1008

that guy which placed that stupid 958 VTC ask at around 67k really doesn't want to make profits.
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June 16, 2015, 02:07:34 PM
 #1009

that guy which placed that stupid 958 VTC ask at around 67k really doesn't want to make profits.

Compare to the future price, he might make some profit. Who knows.
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June 16, 2015, 02:13:00 PM
 #1010

that guy which placed that stupid 958 VTC ask at around 67k really doesn't want to make profits.

He wants moon.

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June 16, 2015, 04:21:41 PM
 #1011

Price flattened well above the support at 50k and is slowly recovering, it may at least spike for a bit, looks promising (if this ain't a scam coin)

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June 17, 2015, 08:31:34 AM
 #1012

(if this ain't a scam coin)
What the hell, man?
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June 17, 2015, 04:50:49 PM
 #1013

(if this ain't a scam coin)
What the hell, man?

in crypto you never know
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June 17, 2015, 06:05:53 PM
 #1014

that guy which placed that stupid 958 VTC ask at around 67k really doesn't want to make profits.

Compare to the future price, he might make some profit. Who knows.

Vertcoin has pumped to the moon quite a few times now. There are massive gaps between moonshots but if that guy has extreme patience he might just get lucky. It might take a year or more but who's to say what vertcoin is capable of in the future.
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June 18, 2015, 08:00:42 AM
 #1015

Vertcoin backs in the game.
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June 18, 2015, 08:03:02 AM
 #1016

Vertcoin backs in the game.

It's like Santa knocking my door this morning  Grin
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June 18, 2015, 04:39:36 PM
 #1017

Vertcoin backs in the game.


$10/vtc easy  Grin


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June 18, 2015, 04:53:51 PM
 #1018

Vertcoin backs in the game.


$10/vtc easy  Grin

Most probably a dead cat bounce of some sorts.. Prepare to get dumped on again hard. Just look at previous graphs of this type of insane pump and you'll see a pattern...
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June 18, 2015, 05:08:33 PM
 #1019

Vertcoin backs in the game.


$10/vtc easy  Grin

Most probably a dead cat bounce of some sorts.. Prepare to get dumped on again hard. Just look at previous graphs of this type of insane pump and you'll see a pattern...
You don't know anything.
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June 18, 2015, 05:26:04 PM
 #1020

18BTC buy wall pumping, mother of god!  Shocked
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