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Topic: [ANN] AIRcoin - page 54. (Read 137294 times)

hero member
Activity: 644
Merit: 500
March 18, 2014, 01:11:04 PM
We will have time for a proper response soon to address questions, right now we are working on a few new releases, the most important of which I am making this post about, to ease concerns about the coin:

We have compiled the data for our Transparency Report, which will outline exactly what trades have been made and how they profited and shed light on how the pool works. This is something that has been in heavy demand. Here are a few teasers, however:

1. 69.8% of the trades have been profitable, and 71.3% of the traded volume made a profit.
2. The BTC generated for the pool, since the beginning, has amounted to just over 1.8 BTC. This is not from selling coins, but from scalping AIR from the price rising and falling, and from the liquidity services. Most of this is generated via algorithm. That means the pool has 1.8 BTC additional buying power in the market over the last 3 days, which helps explain how the price can rise.
3. Average gains per trade is 4%.
4. Average gains per trade is .00259 BTC
5. We have paid .05 BTC in fees.
6. Over 700 trades were made in 72 hours, making about 1 trade every 6 minutes.

Reality is: Highest price point was 0.00273 and current price is 0.001811. Price is down 33%. Simple math.


LLLOOOLLL
full member
Activity: 154
Merit: 100
March 18, 2014, 12:46:54 PM

OMG !!!!

Next target diff 33

the price will fly to 0.0025 easly
Hope so.

If not, then miners leave again, because it's not profitable, net hashrate drops to 500Mh/s and price goes down to 0015 again. Price don't follow difficulty curve fast enough. It's a vicious cycle.

KGW was seen as the solution for many coins, but I think it's the main problem here. It's too aggressive and not working for the favor of the coin.

fix kgw implementation, thanks
Just like I told you. Price didn't follow the difficulty curve. Miners are leaving again at difficulty 25. Net hashrate going down. Too aggressive KGW at work here.
full member
Activity: 154
Merit: 100
March 18, 2014, 12:28:22 PM
We will have time for a proper response soon to address questions, right now we are working on a few new releases, the most important of which I am making this post about, to ease concerns about the coin:

We have compiled the data for our Transparency Report, which will outline exactly what trades have been made and how they profited and shed light on how the pool works. This is something that has been in heavy demand. Here are a few teasers, however:

1. 69.8% of the trades have been profitable, and 71.3% of the traded volume made a profit.
2. The BTC generated for the pool, since the beginning, has amounted to just over 1.8 BTC. This is not from selling coins, but from scalping AIR from the price rising and falling, and from the liquidity services. Most of this is generated via algorithm. That means the pool has 1.8 BTC additional buying power in the market over the last 3 days, which helps explain how the price can rise.
3. Average gains per trade is 4%.
4. Average gains per trade is .00259 BTC
5. We have paid .05 BTC in fees.
6. Over 700 trades were made in 72 hours, making about 1 trade every 6 minutes.

Reality is: Highest price point was 0.00273 and current price is 0.001811. Price is down 33%. Simple math.
full member
Activity: 210
Merit: 100
March 18, 2014, 11:20:00 AM
Excited to join you guys!

 

Come join us!

  • Hosted in Canada
  • Low Latency P2Pool Node
  • 1% Fee
  • Transaction Fees Paid to Miners
  • No Signup Required
  • Payouts Directly to Wallet
  • Unique P2Pool Frontend

The 1st P2Pool seems to be down so I created this one! Enjoy!

Closest thing to solomining

port number?

Connect to omargpools.ca:2630

The P2P port I use is 1631
member
Activity: 70
Merit: 10
AIRcoin Alexander
March 18, 2014, 10:41:17 AM
We will have time for a proper response soon to address questions, right now we are working on a few new releases, the most important of which I am making this post about, to ease concerns about the coin:

We have compiled the data for our Transparency Report, which will outline exactly what trades have been made and how they profited and shed light on how the pool works. This is something that has been in heavy demand. Here are a few teasers, however:

1. 69.8% of the trades have been profitable, and 71.3% of the traded volume made a profit.
2. The BTC generated for the pool, since the beginning, has amounted to just over 1.8 BTC. This is not from selling coins, but from scalping AIR from the price rising and falling, and from the liquidity services. Most of this is generated via algorithm. That means the pool has 1.8 BTC additional buying power in the market over the last 3 days, which helps explain how the price can rise.
3. Average gains per trade is 4%.
4. Average gains per trade is .00259 BTC
5. We have paid .05 BTC in fees.
6. Over 700 trades were made in 72 hours, making about 1 trade every 6 minutes.
newbie
Activity: 5
Merit: 0
March 18, 2014, 10:36:50 AM
fix kgw implementation, thanks
newbie
Activity: 15
Merit: 0
March 18, 2014, 10:18:57 AM
Excited to join you guys!

 http://i39.photobucket.com/albums/e188/OmarxGx/omarg_zpsf295e931.png

Come join us!

  • Hosted in Canada
  • Low Latency P2Pool Node
  • 1% Fee
  • Transaction Fees Paid to Miners
  • No Signup Required
  • Payouts Directly to Wallet
  • Unique P2Pool Frontend

The 1st P2Pool seems to be down so I created this one! Enjoy!

Closest thing to solomining

port number?
full member
Activity: 210
Merit: 100
March 18, 2014, 10:01:36 AM
Excited to join you guys!

 

Come join us!

  • Hosted in Canada
  • Low Latency P2Pool Node
  • 1% Fee
  • Transaction Fees Paid to Miners
  • No Signup Required
  • Payouts Directly to Wallet
  • Unique P2Pool Frontend

The 1st P2Pool seems to be down so I created this one! Enjoy!

Closest thing to solomining
hero member
Activity: 602
Merit: 500
March 18, 2014, 09:02:47 AM
Dev says 5% profit every week(in home page of theyr website)....we will see.
Mining them for a week,if nothing happen,going to another crypto.

Price from last 2 days don't have grow. Some pump and dump, but still on same quote, and difficulty is encrease. So.....what's up?

More difficulty to mine and price fall?  Normally is the opposite.

relax ive been playing the market so i can get cheap coins. It will go up overtime
newbie
Activity: 56
Merit: 0
March 18, 2014, 08:48:52 AM
Contributor Hashrates
Rank    Donor    User Name    KH/s    AIR/Day    USD/Day
1       lauron    38,630    113.711    2,082.0484
2       xsj125t    24,047    70.787    1,296.1100
3       brother3    13,845    40.754    746.2057
4       ithd    12,167    35.815    655.7727


lauron make 2.082,0484 usd per day?
LOL i suggest airpool to correct thoose fake value! they're not real.

It's basing the USD/Day on Litecoin prices. Just ignore them.
hero member
Activity: 644
Merit: 500
March 18, 2014, 08:45:57 AM
Contributor Hashrates
Rank    Donor    User Name    KH/s    AIR/Day    USD/Day
1       lauron    38,630    113.711    2,082.0484
2       xsj125t    24,047    70.787    1,296.1100
3       brother3    13,845    40.754    746.2057
4       ithd    12,167    35.815    655.7727


lauron make 2.082,0484 usd per day?
LOL i suggest airpool to correct thoose fake value! they're not real.
newbie
Activity: 14
Merit: 0
March 18, 2014, 08:41:33 AM
I thinl I like the AIRcoin
hero member
Activity: 644
Merit: 500
March 18, 2014, 08:38:22 AM
Dev says 5% profit every week(in home page of theyr website)....we will see.
Mining them for a week,if nothing happen,going to another crypto.

Price from last 2 days don't have grow. Some pump and dump, but still on same quote, and difficulty is encrease. So.....what's up?

More difficulty to mine and price fall?  Normally is the opposite.
hero member
Activity: 644
Merit: 500
March 18, 2014, 08:34:41 AM
Working good now. Sometimes slow down but nothing to worry for now
full member
Activity: 154
Merit: 100
March 18, 2014, 08:21:18 AM
cryptopool.eu frontend down?

seems extremely slow. DOSSED too?

http://air.cryptopool.eu works for me even if it is slow.
hero member
Activity: 658
Merit: 500
March 18, 2014, 07:35:07 AM
Maybe I'm too trusting but from one dev to team Air, I'm very impressed with what you're doing here. We have a nice team on Einsteinium, but controlling wide price fluctuations is always an issue for nearly every currency. I'm going to be following the coin for a bit, as the financial fundamentals could be partially adopted for EMC2. For donations to science it would be much easier to predict the value and relay that to our chosen charities with a similar model.

Imitation is the sincerest form of flattery, well played Aircoin.

Just to flatter you in return, EMC2 has been my second mining choice for some time now  Grin
full member
Activity: 294
Merit: 100
March 18, 2014, 07:34:09 AM
Nice growth with a decent volume in the last 12-18h looks like I made a good choice buying more @0.0016.

Despite few small dumps price and hash rate is going up, looks like the all is working very well.

No significant sell walls and major asks going up...
full member
Activity: 196
Merit: 100
March 18, 2014, 07:22:25 AM
Maybe I'm too trusting but from one dev to team Air, I'm very impressed with what you're doing here. We have a nice team on Einsteinium, but controlling wide price fluctuations is always an issue for nearly every currency. I'm going to be following the coin for a bit, as the financial fundamentals could be partially adopted for EMC2. For donations to science it would be much easier to predict the value and relay that to our chosen charities with a similar model.

Imitation is the sincerest form of flattery, well played Aircoin.
hero member
Activity: 658
Merit: 500
March 18, 2014, 07:07:26 AM
There's been a couple of p&d's over the last few hours that seem to have been stopped in their tracks, looks like the math is working.

Buys also going up while sells fall and just a few small'ish walls on the sell side. Looking good.

Also, the graph does look strange, is that the algorithm working or just an effect of the new candles on the site?
full member
Activity: 154
Merit: 100
March 18, 2014, 06:54:42 AM
OMG !!!!

Next target diff 33

the price will fly to 0.0025 easly
Hope so.

If not, then miners leave again, because it's not profitable, net hashrate drops to 500Mh/s and price goes down to 0015 again. Price don't follow difficulty curve fast enough. It's a vicious cycle.

KGW was seen as the solution for many coins, but I think it's the main problem here. It's too aggressive and not working for the favor of the coin.
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