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Topic: [ANN] 1337 [MANDATORY UPDATE] 41.78% APR| POS ONLY - page 98. (Read 259517 times)

legendary
Activity: 2352
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
tl;dr: have no fear bitmaster is here  Roll Eyes

so youre gonna pump 1337 back to 10 sats right?
legendary
Activity: 1288
Merit: 1000
CRYPTO-CITY.COM 🌟 Communities

is w00t a swap or a new coin?

usually a swap replaces the coin that was swapped for it with markets for 1337 then being replaced with markets for w00t  Huh
I realize that its a whole new chain and therefore keeping 1337 alive is possible but why?

let me add more to the confusion by calling it an ICO? One that only accepts 1337 as form of payment but instead of pocketing those funds they get burned. there are 2 main reasons why i got myself into this prolonged headache (besides the obvious one, continuation of the projects) :

1. Reducing the current actual amount of 1337 out there (especially the huge sell walls on some of the exchanges which prevented the price from moving)
2. to re-bundle the remaining value into a new coin with less inflation and a much lower supply.


You're missing a key element in your assessment. The major reason for the resistance of an upward move is because on Cryptopia, you don't have a bitcoin based pair. So what happens is that you have a path of least resistance for exit points and this is what causes the imbalance between the exchanges and the sub satoshi price as a consequence.

true to some extend but what about the other exchanges? i see way less coins sitting at 1 sat on yobit for example so from my pov thats an improvement and less of a roadblock. theyre on the wrong chain but that  problem will be  behind us too at some point.

its prolly not the smartest thing to sell your 1337 so cheap on topia but i cant blame the ppl that do. especially ppl who got in early have roi-ed already and can afford to sell their coins/stakes at any price. im sure youre aware of that too and its actually becoming less of a problem because of the lowered apr. just a few more halvings to go till we face another problem Wink

You also have to factor time value into the equation. Whenever I trade, time is more valuable than sitting at a particular price and waiting to maybe if it ever gets executed. I will always choose a faster turnover vs sitting there and waiting for something that may or may not hit. The longer it is, it then becomes a diminishing value as risks increases over time. There's bit more more to it as well, but to keep it simple, that is pretty much the gist of it.

well how you trade is not really of my business but thanks for buying my sprouts from me at 400-600 sats. was fun watching you play with my 'churn' bot. i think you also bought a fair share of my hyp at 300-500 sats. oh and net at 100 sats... good ol' times ey. keep churnin' churner

That time will come again soon enough. I'm making Cryptopia my primary market making activities exchange and bringing in liquidity and attracting traders. So in time, Cryptopia will be what Cryptsy was for alts (minus the shenanigan bullshit). There's already been lots of improvements. Got them to update the API, etc...

So far 64+ markets just on topia (can't really push it too it too hard without creating issues on the server side, so hopefully they'll continue to update their systems with the extra fees they're getting from all the 24/7 activities) not counting the other exchanges.  

I think the delisting of coins bit on the other exchanges is bullshit, but they are kind of necessary for the time being until cryptopia grows a bit more with their systems and traders. So far I'm pretty happy with the progress and will continue to increase the activities as much as their system can handle.
legendary
Activity: 2352
Merit: 1024
Leading Crypto Sports Betting & Casino Platform

is w00t a swap or a new coin?

usually a swap replaces the coin that was swapped for it with markets for 1337 then being replaced with markets for w00t  Huh
I realize that its a whole new chain and therefore keeping 1337 alive is possible but why?

let me add more to the confusion by calling it an ICO? One that only accepts 1337 as form of payment but instead of pocketing those funds they get burned. there are 2 main reasons why i got myself into this prolonged headache (besides the obvious one, continuation of the projects) :

1. Reducing the current actual amount of 1337 out there (especially the huge sell walls on some of the exchanges which prevented the price from moving)
2. to re-bundle the remaining value into a new coin with less inflation and a much lower supply.


You're missing a key element in your assessment. The major reason for the resistance of an upward move is because on Cryptopia, you don't have a bitcoin based pair. So what happens is that you have a path of least resistance for exit points and this is what causes the imbalance between the exchanges and the sub satoshi price as a consequence.

true to some extend but what about the other exchanges? i see way less coins sitting at 1 sat on yobit for example so from my pov thats an improvement and less of a roadblock. theyre on the wrong chain but that  problem will be  behind us too at some point.

its prolly not the smartest thing to sell your 1337 so cheap on topia but i cant blame the ppl that do. especially ppl who got in early have roi-ed already and can afford to sell their coins/stakes at any price. im sure youre aware of that too and its actually becoming less of a problem because of the lowered apr. just a few more halvings to go till we face another problem Wink

You also have to factor time value into the equation. Whenever I trade, time is more valuable than sitting at a particular price and waiting to maybe if it ever gets executed. I will always choose a faster turnover vs sitting there and waiting for something that may or may not hit. The longer it is, it then becomes a diminishing value as risks increases over time. There's bit more more to it as well, but to keep it simple, that is pretty much the gist of it.

well how you trade is not really of my business but thanks for buying my sprouts from me at 400-600 sats. was fun watching you play with my 'churn' bot. i think you also bought a fair share of my hyp at 300-500 sats. oh and net at 100 sats... good ol' times ey. keep churnin' churner
legendary
Activity: 1288
Merit: 1000
CRYPTO-CITY.COM 🌟 Communities

is w00t a swap or a new coin?

usually a swap replaces the coin that was swapped for it with markets for 1337 then being replaced with markets for w00t  Huh
I realize that its a whole new chain and therefore keeping 1337 alive is possible but why?

let me add more to the confusion by calling it an ICO? One that only accepts 1337 as form of payment but instead of pocketing those funds they get burned. there are 2 main reasons why i got myself into this prolonged headache (besides the obvious one, continuation of the projects) :

1. Reducing the current actual amount of 1337 out there (especially the huge sell walls on some of the exchanges which prevented the price from moving)
2. to re-bundle the remaining value into a new coin with less inflation and a much lower supply.


You're missing a key element in your assessment. The major reason for the resistance of an upward move is because on Cryptopia, you don't have a bitcoin based pair. So what happens is that you have a path of least resistance for exit points and this is what causes the imbalance between the exchanges and the sub satoshi price as a consequence.

true to some extend but what about the other exchanges? i see way less coins sitting at 1 sat on yobit for example so from my pov thats an improvement and less of a roadblock. theyre on the wrong chain but that  problem will be  behind us too at some point.

its prolly not the smartest thing to sell your 1337 so cheap on topia but i cant blame the ppl that do. especially ppl who got in early have roi-ed already and can afford to sell their coins/stakes at any price. im sure youre aware of that too and its actually becoming less of a problem because of the lowered apr. just a few more halvings to go till we face another problem Wink

You also have to factor time value into the equation. Whenever I trade, time is more valuable than sitting at a particular price and waiting to maybe if it ever gets executed. I will always choose a faster turnover vs sitting there and waiting for something that may or may not hit. The longer it is, it then becomes a diminishing value as risks increases over time. There's bit more to it as well, but to keep it simple, that is pretty much the gist of it.
legendary
Activity: 2352
Merit: 1024
Leading Crypto Sports Betting & Casino Platform

is w00t a swap or a new coin?

usually a swap replaces the coin that was swapped for it with markets for 1337 then being replaced with markets for w00t  Huh
I realize that its a whole new chain and therefore keeping 1337 alive is possible but why?

let me add more to the confusion by calling it an ICO? One that only accepts 1337 as form of payment but instead of pocketing those funds they get burned. there are 2 main reasons why i got myself into this prolonged headache (besides the obvious one, continuation of the projects) :

1. Reducing the current actual amount of 1337 out there (especially the huge sell walls on some of the exchanges which prevented the price from moving)
2. to re-bundle the remaining value into a new coin with less inflation and a much lower supply.


You're missing a key element in your assessment. The major reason for the resistance of an upward move is because on Cryptopia, you don't have a bitcoin based pair. So what happens is that you have a path of least resistance for exit points and this is what causes the imbalance between the exchanges and the sub satoshi price as a consequence.

true to some extend but what about the other exchanges? i see way less coins sitting at 1 sat on yobit for example so from my pov thats an improvement and less of a roadblock. theyre on the wrong chain but that  problem will be  behind us too at some point.

its prolly not the smartest thing to sell your 1337 so cheap on topia but i cant blame the ppl that do. especially ppl who got in early have roi-ed already and can afford to sell their coins/stakes at any price. im sure youre aware of that too and its actually becoming less of a problem because of the lowered apr. just a few more halvings to go till we face another problem Wink
legendary
Activity: 1288
Merit: 1000
CRYPTO-CITY.COM 🌟 Communities

is w00t a swap or a new coin?

usually a swap replaces the coin that was swapped for it with markets for 1337 then being replaced with markets for w00t  Huh
I realize that its a whole new chain and therefore keeping 1337 alive is possible but why?

let me add more to the confusion by calling it an ICO? One that only accepts 1337 as form of payment but instead of pocketing those funds they get burned. there are 2 main reasons why i got myself into this prolonged headache (besides the obvious one, continuation of the projects) :

1. Reducing the current actual amount of 1337 out there (especially the huge sell walls on some of the exchanges which prevented the price from moving)
2. to re-bundle the remaining value into a new coin with less inflation and a much lower supply.


You're missing a key element in your assessment. The major reason for the resistance of an upward move is because on Cryptopia, you don't have a bitcoin based pair. So what happens is that you have a path of least resistance for exit points and this is what causes the imbalance between the exchanges and the sub satoshi price as a consequence.
hero member
Activity: 1862
Merit: 590
WOW! In the last 24 hours we have seen the price rise to over 140% and almost reaching that 1 sats mark again. It would of been nice to see it break back into the 1 sats range. It might be because of the news that Velvet78 is working on the new coin for the swap so people are buying cheap 1337 coins ready for the swap. Can't wait for the new coin to be released!

i still wonder what will be more profitable, to keep on staking 1337, or to swap all the coins for w00t.

I was thinking the same thing, so I think I'll see how well the new coin dose before I decide to swap my current 1337 coins for w00t. If all looks good then I may well swap a certain percentage of my 1337 coins for w00t as I still like to hold some 1337 coins. Time will tell which would be more profitable.

good questions. while i dont have an answer to them there are a few things to consider:

- 1337 is already on several exchanges. w00t is going to have a fresh start and i cant guarantee it will be listed anywhere (yet)
- 1337 is halving the apr every 3 months till we reach 13.37% a year. w00t has a fixed apr of 133.7% (so might be more interesting for stakers)
- the swap period will be 2 months, the more 1337 gets swapped for w00t, the lower the actual supply of 1337 will become which would hopefully lead to more room for the price to improve. on the other hand, if not alot of 1337 gets swapped, w00t will have a very low supply too... all remaining w00t will be burned after the 2 months and the 1337 thats being swapped will be burned too.

exciting times ahead of us Smiley

when a swap will start?


as soon as im finished. still got some work to do and need to look into some stuff that someone pointed me towards.


Thanks for clearing some of these things up. It's going to be exciting times ahead to see what happens here and like I said I may swap some 1337 coins for w00t and keep the rest as no one knows what will happen with the price between the two coins. Either way I think it will be a win win situation but we shall see if I'm right.
legendary
Activity: 2352
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
...

let me add more to the confusion by calling it an ICO? One that only accepts 1337 as form of payment but instead of pocketing those funds they get burned. there are 2 main reasons why i got myself into this prolonged headache (besides the obvious one, continuation of the projects) :

1. Reducing the current actual amount of 1337 out there (especially the huge sell walls on some of the exchanges which prevented the price from moving)
2. to re-bundle the remaining value into a new coin with less inflation and a much lower supply.


that actually clears it all up right there, thanks.

probably miscommunication from my side but glad to hear its clear now Smiley
legendary
Activity: 1050
Merit: 1000
...

let me add more to the confusion by calling it an ICO? One that only accepts 1337 as form of payment but instead of pocketing those funds they get burned. there are 2 main reasons why i got myself into this prolonged headache (besides the obvious one, continuation of the projects) :

1. Reducing the current actual amount of 1337 out there (especially the huge sell walls on some of the exchanges which prevented the price from moving)
2. to re-bundle the remaining value into a new coin with less inflation and a much lower supply.


that actually clears it all up right there, thanks.
legendary
Activity: 2352
Merit: 1024
Leading Crypto Sports Betting & Casino Platform

is w00t a swap or a new coin?

usually a swap replaces the coin that was swapped for it with markets for 1337 then being replaced with markets for w00t  Huh
I realize that its a whole new chain and therefore keeping 1337 alive is possible but why?

let me add more to the confusion by calling it an ICO? One that only accepts 1337 as form of payment but instead of pocketing those funds they get burned. there are 2 main reasons why i got myself into this prolonged headache (besides the obvious one, continuation of the projects) :

1. Reducing the current actual amount of 1337 out there (especially the huge sell walls on some of the exchanges which prevented the price from moving)
2. to re-bundle the remaining value into a new coin with less inflation and a much lower supply.
legendary
Activity: 1050
Merit: 1000

good questions. while i dont have an answer to them there are a few things to consider:

- 1337 is already on several exchanges. w00t is going to have a fresh start and i cant guarantee it will be listed anywhere (yet)
- 1337 is halving the apr every 3 months till we reach 13.37% a year. w00t has a fixed apr of 133.7% (so might be more interesting for stakers)
- the swap period will be 2 months, the more 1337 gets swapped for w00t, the lower the actual supply of 1337 will become which would hopefully lead to more room for the price to improve. on the other hand, if not alot of 1337 gets swapped, w00t will have a very low supply too... all remaining w00t will be burned after the 2 months and the 1337 thats being swapped will be burned too.

exciting times ahead of us Smiley

when a swap will start?


as soon as im finished. still got some work to do and need to look into some stuff that someone pointed me towards.


is w00t a swap or a new coin?

usually a swap replaces the coin that was swapped for it with markets for 1337 then being replaced with markets for w00t  Huh
I realize that its a whole new chain and therefore keeping 1337 alive is possible but why?
legendary
Activity: 2352
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
WOW! In the last 24 hours we have seen the price rise to over 140% and almost reaching that 1 sats mark again. It would of been nice to see it break back into the 1 sats range. It might be because of the news that Velvet78 is working on the new coin for the swap so people are buying cheap 1337 coins ready for the swap. Can't wait for the new coin to be released!

i still wonder what will be more profitable, to keep on staking 1337, or to swap all the coins for w00t.

I was thinking the same thing, so I think I'll see how well the new coin dose before I decide to swap my current 1337 coins for w00t. If all looks good then I may well swap a certain percentage of my 1337 coins for w00t as I still like to hold some 1337 coins. Time will tell which would be more profitable.

good questions. while i dont have an answer to them there are a few things to consider:

- 1337 is already on several exchanges. w00t is going to have a fresh start and i cant guarantee it will be listed anywhere (yet)
- 1337 is halving the apr every 3 months till we reach 13.37% a year. w00t has a fixed apr of 133.7% (so might be more interesting for stakers)
- the swap period will be 2 months, the more 1337 gets swapped for w00t, the lower the actual supply of 1337 will become which would hopefully lead to more room for the price to improve. on the other hand, if not alot of 1337 gets swapped, w00t will have a very low supply too... all remaining w00t will be burned after the 2 months and the 1337 thats being swapped will be burned too.

exciting times ahead of us Smiley

when a swap will start?


as soon as im finished. still got some work to do and need to look into some stuff that someone pointed me towards.
sr. member
Activity: 314
Merit: 250
when a swap will start?
hero member
Activity: 1862
Merit: 590
WOW! In the last 24 hours we have seen the price rise to over 140% and almost reaching that 1 sats mark again. It would of been nice to see it break back into the 1 sats range. It might be because of the news that Velvet78 is working on the new coin for the swap so people are buying cheap 1337 coins ready for the swap. Can't wait for the new coin to be released!

i still wonder what will be more profitable, to keep on staking 1337, or to swap all the coins for w00t.

I was thinking the same thing, so I think I'll see how well the new coin dose before I decide to swap my current 1337 coins for w00t. If all looks good then I may well swap a certain percentage of my 1337 coins for w00t as I still like to hold some 1337 coins. Time will tell which would be more profitable.
hero member
Activity: 798
Merit: 500
WOW! In the last 24 hours we have seen the price rise to over 140% and almost reaching that 1 sats mark again. It would of been nice to see it break back into the 1 sats range. It might be because of the news that Velvet78 is working on the new coin for the swap so people are buying cheap 1337 coins ready for the swap. Can't wait for the new coin to be released!

i still wonder what will be more profitable, to keep on staking 1337, or to swap all the coins for w00t.
hero member
Activity: 1862
Merit: 590
WOW! In the last 24 hours we have seen the price rise to over 140% and almost reaching that 1 sats mark again. It would of been nice to see it break back into the 1 sats range. It might be because of the news that Velvet78 is working on the new coin for the swap so people are buying cheap 1337 coins ready for the swap. Can't wait for the new coin to be released!
legendary
Activity: 2352
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
@Velvet. If you get the "Repairwallet" to work so that it'd get rid of the orphan, it would definitely help to optimize the wallet so it would run better.

its in the new coin ive been working on (w00t) for the swap.



sorry guys, i messed up my build environment so i'll  need to install and compile everything again. took a lil break today but ill get back to work tomorrow.
legendary
Activity: 1288
Merit: 1000
CRYPTO-CITY.COM 🌟 Communities
@Velvet. If you get the "Repairwallet" to work so that it'd get rid of the orphan, it would definitely help to optimize the wallet so it would run better.
sr. member
Activity: 314
Merit: 250
what happend that network weight is up? Cheesy
legendary
Activity: 1288
Merit: 1000
CRYPTO-CITY.COM 🌟 Communities
I'm only market making 1337 on Cryptopia. Not worth the time for me to do it on other exchanges.  Tongue

Lol here comes the time when sissy boys start telling people theyre market makers. How come? Lemme guess. U do sway like 13 dollars worth of bitcoin between orderbooks, right? what a investment mogul u are, u can afford eating canned pilchard all day, ohh man Im dying from jealousy.

I believe you are smarter than what you've just said. Unless you think I'm wrong.
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