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hero member
Activity: 556
Merit: 500
.
September 18, 2013, 02:27:09 PM
#97
bottom callers?
sr. member
Activity: 350
Merit: 250
July 22, 2013, 06:10:12 PM
#96
Seems my technical analysis became true (I just joked about it to make dirty bump-dumpers angry) Price is ~$0.60 at the moment!
Wrong reasons, was a network issue that broke trust temporarily.

I agree price will def drop though.
hero member
Activity: 672
Merit: 500
July 22, 2013, 04:16:38 PM
#95
Seems my technical analysis became true (I just joked about it to make dirty bump-dumpers angry) Price is ~$0.60 at the moment!
hero member
Activity: 672
Merit: 500
July 22, 2013, 01:07:05 PM
#94
Quote from: bybitcoin
Be careful, as I know much more than the forum average about prime numbers (have a graduate degree of math from Berkeley, with Number Theory specialization)

Difficulty was about 4 yesterday as I looked into, and I've had a quick glance on the paper the first day it launched, initial difficulty was not mentioned there. one doesn't need the fuck to know about the initial mining difficulty to review and critique the building structure of a coin.

My technical analysis says that XPM price will drop 40% or more soon, be careful....

Otherwise I don't take a fuck of care about XPM price drop or rise or even the pseudo-science technical analysis.....


Be careful of people that say they have graduate degrees because they tend to not care so much about reading the paper that explains the use of the coin that they are trying to "speculate."

-PoolMinor
Some people read the paper before hastily jumping in to mine and keep for "bump and dump" and meanwhile blindly and stupidly defending the thing invested in like a bum, like a PoolMiner.
About people claiming to have graduate degree, I am not going to discuss it with an average miner like you but if I invite everyone to post Number Theory question, so I ll be able to answering them in the quickest manner.
And about TA analysis, I mentioned before, it was a joke to make bum-spirited bump and dump speculators including you angry.
Seems I have succeeded Wink

legendary
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
July 22, 2013, 12:14:19 PM
#93
Quote from: bybitcoin
Be careful, as I know much more than the forum average about prime numbers (have a graduate degree of math from Berkeley, with Number Theory specialization)

Difficulty was about 4 yesterday as I looked into, and I've had a quick glance on the paper the first day it launched, initial difficulty was not mentioned there. one doesn't need the fuck to know about the initial mining difficulty to review and critique the building structure of a coin.

My technical analysis says that XPM price will drop 40% or more soon, be careful....

Otherwise I don't take a fuck of care about XPM price drop or rise or even the pseudo-science technical analysis.....


Be careful of people that say they have graduate degrees because they tend to not care so much about reading the paper that explains the use of the coin that they are trying to "speculate."

-PoolMinor
hero member
Activity: 630
Merit: 500
July 22, 2013, 09:15:25 AM
#92
Is technical analysis ever useful? It always sounded like astrology to me.

It's useful just like astrology.

It works because people believe it does.


Astrology is more accurate than you believe.

No, it's exactly as accurate as I believe it is.

That's how astrology works Wink
hero member
Activity: 770
Merit: 500
July 22, 2013, 09:11:38 AM
#91
Is technical analysis ever useful? It always sounded like astrology to me.

It's useful just like astrology.

It works because people believe it does.


Astrology is more accurate than you believe.
hero member
Activity: 630
Merit: 500
July 22, 2013, 09:00:33 AM
#90
Is technical analysis ever useful? It always sounded like astrology to me.

It's useful just like astrology.

It works because people believe it does.
hero member
Activity: 672
Merit: 500
July 22, 2013, 09:00:10 AM
#89
I d just posted that to strike you dear "pump and dump" speculators-pyramid-ponzi-cheaters who are trying to manipulate the price..
Otherwise I don't take a fuck of care about XPM price drop or rise or even the pseudo-science technical analysis..
Just was interesting to see how tiny and bum your speculation-mentality-spirit is  Wink
hero member
Activity: 672
Merit: 500
July 22, 2013, 08:23:02 AM
#88
You better say: "I don't believe your TA, because I am a mother fucker speculator-miner and have bunch of XPM kept for the rise.."
That TA is more like Astrology and not science makes more sense and I may agree, but all the other dearest speculator-piece of shits, be quiet and keep looking and dreaming the rise you desire much  Wink
legendary
Activity: 2674
Merit: 2965
Terminated.
July 22, 2013, 06:30:18 AM
#87
My technical analysis says that XPM price will drop 40% or more soon, be careful  Wink

The two problems I have with this are that:

a) TA in a nascent market is a little foolish.

b) It's YOUR TA.
Yes since the supply keeps dropping the price should drop once the coin becomes more rare, because F* logic ..
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
July 22, 2013, 05:37:54 AM
#86
My technical analysis says that XPM price will drop 40% or more soon, be careful  Wink

The two problems I have with this are that:

a) TA in a nascent market is a little foolish.

b) It's YOUR TA.
legendary
Activity: 2674
Merit: 2965
Terminated.
July 22, 2013, 05:23:51 AM
#85
Marketcap isn't that good an indicator for any coin because you don't know how many coins truly are available. Take Bitcoin for instance, millions of them are lost and will never be recovered, but everyone still uses the ~11 million number to calculate its market cap. Bit silly if you ask me.

I think the biggest factor for any currency is how much money is chasing it. In primecoins case the total amount of Bitcoin on offer at any one time is a good indicator of the strength of the price.

There is a lot of lost or destroyed fiat too so..
legendary
Activity: 1344
Merit: 1001
July 22, 2013, 03:01:23 AM
#84
Market cap is the best indicator apart from extreme artificial examples.
legendary
Activity: 2632
Merit: 1023
July 22, 2013, 02:30:02 AM
#83
So Primecoin seems to be climbing in price. How high can we expect to see it reach? is 0.5BTC+ possible? I can see this coin being what Bitbar was supposedly meant to be valued at.

Exactly my thoughts, why would BTB be worth more tha XPM, or NVC for that matter.

Because there's only 4500BTB (with an extremely limited supply growth), compared to 1,000,000 XPM (constant money supply).

Both are great in their own respects.


but what does BTB offer that say bitcoin does not except a more insecure blockchain.....? and less dev's

thus why would I use BTB to store any value?
hero member
Activity: 672
Merit: 500
July 22, 2013, 01:47:31 AM
#82
My technical analysis says that XPM price will drop 40% or more soon, be careful  Wink
sr. member
Activity: 266
Merit: 251
July 22, 2013, 01:16:02 AM
#81
So Primecoin seems to be climbing in price. How high can we expect to see it reach? is 0.5BTC+ possible? I can see this coin being what Bitbar was supposedly meant to be valued at.

Exactly my thoughts, why would BTB be worth more tha XPM, or NVC for that matter.

Because there's only 4500BTB (with an extremely limited supply growth), compared to 1,000,000 XPM (constant money supply).

Both are great in their own respects.
sr. member
Activity: 266
Merit: 251
July 22, 2013, 01:14:24 AM
#80
XPM to LTC prices in ~3 weeks...

That's kind of an irrelevant comparison, let's say XPM gets to $3, or whatever LTC is at the moment, that doesn't "mean" anything, because the money supply is different for each crypto. For XPM to "get to the price of LTC", XPM would need to have a value of around $55/XPM.

Right. A more interesting measure is looking at the market capitalization. Primecoin managed to hold spot #5 for a while earlier today, replacing Novacoin. That's promising.

There's problems with that too, as trade volume is also an important factor.
legendary
Activity: 2632
Merit: 1023
July 22, 2013, 01:04:15 AM
#79
So Primecoin seems to be climbing in price. How high can we expect to see it reach? is 0.5BTC+ possible? I can see this coin being what Bitbar was supposedly meant to be valued at.

Exactly my thoughts, why would BTB be worth more tha XPM, or NVC for that matter.

XPM reward is going down quite a bit....and will go down more as there is quite a lot of optimization to do yet....as well as possibly gpu's then FPGA's and finally asics.

why wouldn't this happen? is the question.

member
Activity: 94
Merit: 10
Operator of mcxNOW | Programmer of MicroCash
July 22, 2013, 12:45:09 AM
#78
Marketcap isn't that good an indicator for any coin because you don't know how many coins truly are available. Take Bitcoin for instance, millions of them are lost and will never be recovered, but everyone still uses the ~11 million number to calculate its market cap. Bit silly if you ask me.

I think the biggest factor for any currency is how much money is chasing it. In primecoins case the total amount of Bitcoin on offer at any one time is a good indicator of the strength of the price.
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