Author Topic: Market Report  (Read 10600 times)

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Offline donkeypong

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Re: Market Report
« Reply #30 on: June 15, 2014, 04:51:32 am »

The ten week reference was the time it took us to get back to where we thought we would be on March 15th - ready to start doing the testing you see us doing. 
In those 10 weeks we invented DPOS.

And what DPOS will do for this industry is far more than reliably eliminate wasteful mining.  It gives control back to the little guy - produces genuine decentralization - permits grass-roots counter attacks - and most importantly, raises up 101 elected champions for each DAC - champions that will have to promote that DAC and grow its value to stay elected.  Champions that will have the financial incentive to compete fiercely for a delegate slot and the financial resources to have genuine influence on how that DAC develops.

This is freaking huge.  And well worth the 10 week delay.   :)

That's why we hope people understand the difference between 10 weeks of priceless innovation and 10 weeks of aimless wandering.  Those who do will get the deserved rewards.  Those who don't will also get what they deserve.
So you mean we have to wait until the end of the summer,right?If we don't have that patience we are a bad investor,right?
Come on ,business is business,especially the crypto world,time is money.
We don't need your gaudy words to inspire our confidence,we need product,a real release product,so give us a time frame, even a vague one.
[/quote]

If you don't understand what we are doing, don't know what it takes, and are unable to correctly evaluate our status, you should not be investing.
[/quote]

Clap, clap, clap! I'm off to make another AGS donation.

Offline Harvey

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Re: Market Report
« Reply #31 on: June 15, 2014, 04:56:22 am »
FWIW the forking issues you said would delay us all summer just got fixed by dan and eric

Absolutely fantastic!  +5%
BTS       Witness:harvey-xts Seed:128.199.143.47:2015 API:wss://128.199.143.47:2016 
MUSE   Witness:harvey-xts Seed:128.199.143.47:2017 API:ws://128.199.143.47:2018

Offline xeroc

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Re: Market Report
« Reply #32 on: June 15, 2014, 08:44:17 am »



If you don't understand what we are doing, don't know what it takes, and are unable to correctly evaluate our status, you should not be investing.

+5%
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Offline liondani

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Re: Market Report
« Reply #33 on: June 15, 2014, 07:31:53 pm »
FWIW the forking issues you said would delay us all summer just got fixed by dan and eric

Absolutely fantastic!  +5%

Is it a fact that they fixed it?

Offline toast

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Re: Market Report
« Reply #34 on: June 15, 2014, 07:42:07 pm »
"It" being one such bug, no guarantees we fixed all possible bugs that could cause forks
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Offline ripplexiaoshan

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Re: Market Report
« Reply #35 on: June 15, 2014, 09:40:43 pm »
NXT is really progressing much faster than BTS.
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Offline mf-tzo

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Re: Market Report
« Reply #36 on: June 17, 2014, 01:13:59 pm »

A couple of months it was way too buggy and non friendly for non tech guys and their progress now is outstanding...

"The question is did we missed that boat and initial investors will soon start to dump at some point"? Or do you guys believe that it will overtake litecoin and could reach the 1/2 bil market cap?


Offline gamey

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Re: Market Report
« Reply #37 on: June 17, 2014, 05:44:49 pm »

A couple of months it was way too buggy and non friendly for non tech guys and their progress now is outstanding...

"The question is did we missed that boat and initial investors will soon start to dump at some point"? Or do you guys believe that it will overtake litecoin and could reach the 1/2 bil market cap?

NXT is a currency first of all, with added on features.  Their AE is pretty cool.  It is not something that can't be easily overtaken.   NXT also isn't as successful as people think it is.  Look at Cryptsy volumes.

CRYPT/BTC    CryptCoin    1012 BTC   
LTC/BTC    LiteCoin    181 BTC   
DRK/BTC    DarkCoin    176 BTC   
DOGE/BTC    Dogecoin    151 BTC
POT/BTC    PotCoin    67.5 BTC   
NXT/BTC    Nxt    47.0 BTC   

So Dogecoin has 3x the volume (unspecified timeframe) and even PotCoin beats NXT. 
I speak for myself and only myself.

Offline toast

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Re: Market Report
« Reply #38 on: June 17, 2014, 07:12:57 pm »

A couple of months it was way too buggy and non friendly for non tech guys and their progress now is outstanding...

"The question is did we missed that boat and initial investors will soon start to dump at some point"? Or do you guys believe that it will overtake litecoin and could reach the 1/2 bil market cap?

NXT is a currency first of all, with added on features.  Their AE is pretty cool.  It is not something that can't be easily overtaken.   NXT also isn't as successful as people think it is.  Look at Cryptsy volumes.

CRYPT/BTC    CryptCoin    1012 BTC   
LTC/BTC    LiteCoin    181 BTC   
DRK/BTC    DarkCoin    176 BTC   
DOGE/BTC    Dogecoin    151 BTC
POT/BTC    PotCoin    67.5 BTC   
NXT/BTC    Nxt    47.0 BTC   

So Dogecoin has 3x the volume (unspecified timeframe) and even PotCoin beats NXT.

I wish coinmarketcap would adjust NXT's supply to exclude the unclaimed genesis addresses. They did adjust Ripple's supply, after all. Anyone want to send them that suggestion? Use words like "misleading" and "would be more accurate"
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline vikram

Re: Market Report
« Reply #39 on: June 17, 2014, 07:40:53 pm »

A couple of months it was way too buggy and non friendly for non tech guys and their progress now is outstanding...

"The question is did we missed that boat and initial investors will soon start to dump at some point"? Or do you guys believe that it will overtake litecoin and could reach the 1/2 bil market cap?

NXT is a currency first of all, with added on features.  Their AE is pretty cool.  It is not something that can't be easily overtaken.   NXT also isn't as successful as people think it is.  Look at Cryptsy volumes.

CRYPT/BTC    CryptCoin    1012 BTC   
LTC/BTC    LiteCoin    181 BTC   
DRK/BTC    DarkCoin    176 BTC   
DOGE/BTC    Dogecoin    151 BTC
POT/BTC    PotCoin    67.5 BTC   
NXT/BTC    Nxt    47.0 BTC   

So Dogecoin has 3x the volume (unspecified timeframe) and even PotCoin beats NXT.

I wish coinmarketcap would adjust NXT's supply to exclude the unclaimed genesis addresses. They did adjust Ripple's supply, after all. Anyone want to send them that suggestion? Use words like "misleading" and "would be more accurate"

These are kinds of messes we get without inactivity fees and BIPS.

Offline mf-tzo

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Re: Market Report
« Reply #40 on: June 17, 2014, 09:04:02 pm »
I am quite confused with NXT. 95% of my time I follow Bitshares so it would be nice if others have more info around what's happening..

As far as I know:

NXT might soon get fiat exchange. +

There are some scandals currently I think with some assets on the AE. -

Not sure what happened with Gocoin deal

It is misleading as Toast pointed out. I wonder what the market cap will be if it gets adjusted as ripple did.

They have good marketing ideas and want to expand. They are planning to send emails to many Universities..++

Does NEM has potential? It starts to appear having high volume on their AE. Can someone explain simply how to claim the NEM share? If I buy the token on the exchange is there a deadline I should send something to someone?

Another question... What prevent any bank to simply do a new Ripple as payment processor? If the answer is nothing then XRPs are useless?

Offline gamey

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Re: Market Report
« Reply #41 on: June 22, 2014, 07:07:23 am »
Does NEM has potential? It starts to appear having high volume on their AE. Can someone explain simply how to claim the NEM share? If I buy the token on the exchange is there a deadline I should send something to someone?


You buy the token on the exchange.  When they release the coin you will email patmast3r or someone else about the token and send it to them.  They will then send you the amount of your stake.  So .1 stake  = 100k coins.  IMO it is as good of a deal as any.  There are 100s of shitcoins, but not many coins with 1k+ BTT veteran accounts.  It is also being written from scratch.  Which means slower release, but a bigger chance of going places.  It already has tons of NXT supporting sock puppets trying to take it down, but so far there is only 1 scandal and that is the main guy was caught with a sock puppet taking an extra stake.  He stepped down and they're claiming more people have stepped up and are stronger than ever.  If you are wanting to diversify crypto-equity, this is as good of a place to start as any.  I personally despise NXT and never have a positive experience ever with anyone from their community.  (Witness bluemeanie1's behavior on this forum an an immediate example.)
I speak for myself and only myself.

Offline mf-tzo

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Re: Market Report
« Reply #42 on: June 22, 2014, 07:39:06 pm »
thank you for the advice... For me everything I have is on AGS now...If that fails I simply wasted 1-1.5 years of my life in crypto for nothing...But I doubt this will be the case. ;)

However a small diversification is always good. I am trading very small amounts in different shitcoins just in case... but this never works...Cryptcoin is one of them...The moment I bought some, the next day it crashed...Unbelievable.. :(

I have a small stake in NXT and I am thinking to switch all of it to NEM or keep 1/2 NEM , 1/2 NXT maybe...

NXT is nice and made some serious progress over the last months...But some people there are messing up seriously with the rest of the community.

I don't think that Blueminie1 had a bad behavior here. On the contrast I think that we were more hostile against him than he was. I might be mistaken though as I didn't pay much attention to the whole conversation but that's the idea it left me anyway...

And having said that t about blueminie1,  I think he is involved in a big scandal in NXT AE and stole a lot of funds of investors there...So in the end if we didn't treat him well here, good for us!!Although I might be mistaken again as I didn't pay much attention to this thread as well...

Despite many times the frustration of many members here about the delays of I3 I really think that we are one of the best communities out there. And if we stop bitching about delays, stop with the unnecessary negativity and we all collaborate as we can, I really think we can overtake all the other coins...

There are a lot of brilliant minds in here that other communities don't have...

Offline cass

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Re: Market Report
« Reply #43 on: June 22, 2014, 10:17:51 pm »
Despite many times the frustration of many members here about the delays of I3 I really think that we are one of the best communities out there. And if we stop bitching about delays, stop with the unnecessary negativity and we all collaborate as we can, I really think we can overtake all the other coins...


indeed  :P

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Offline mf-tzo

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Re: Market Report
« Reply #44 on: June 23, 2014, 07:50:20 pm »
Since I have been burned quite a few times with bad trading and I value very much your opinions can you please share some thoughts...

Do you guys think this is a good time to buy 1-2 bitcoins?
Do you think we will have any increase to $800 shortly?
I want to do some short term trading in bitcoin. All funds are in AGS by now so I need some liquidity diversification...
How do you think the auction of the FBI coins will affect the price?
When is this auction taking place anyway? I thought that all 30,000 BTCs would be auctioned on the 25th June but I might misunderstood...