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Topic: [ANN] AIRcoin - page 67. (Read 137265 times)

hero member
Activity: 770
Merit: 500
March 15, 2014, 10:18:18 AM
A comparison:

AURoracoin
Code:
Net Hashrate 5,1 Gh/s
Price 0,03 [btc]  <---peak was @0,169
Total Supply (mined) 120,575 AUR

AIRcoin
Code:
Net Hashrate 1,3 Gh/s
Price 0,00216  [btc]
Total Supply (mined) 76,848 AIR

full member
Activity: 154
Merit: 100
March 15, 2014, 10:16:44 AM
Congratulations everybody on getting AIR added to Poloniex! Smiley
hero member
Activity: 821
Merit: 1000
March 15, 2014, 10:13:00 AM
whats the target price with current ~1.1gh net hashrate?
1 AIR is really close to 1 euro atm


999.098 MH/S on Block 20401, and, at last, 1.006 GH on block 20402!

On Block 20402, we just broke 1 GH of mining power. Difficulty is currently at 18.26, making AIR being mined at an opportunity price of .00615 BTC/AIR. Hashrates keep rising too, now at 1.01 GH.

That was a couple of hours ago.
legendary
Activity: 924
Merit: 1000
TokenHouse decentralized cryptocurrency exchange
March 15, 2014, 10:10:12 AM
whats the target price with current ~1.1gh net hashrate?
1 AIR is really close to 1 euro atm
full member
Activity: 266
Merit: 100
“A fool and his money are soon parted”
March 15, 2014, 09:32:55 AM

You are right! One exchange seems fine for now, but when the coin gets added to coinmarketcap many people will notice it and see it is profitable to mine. The demand will rise and other exchanges will want to add it as soon as possible for the volume, especially seeing volumes on poloniex, because of stabilizing the price via the investor pool. Rapid actions will be needed from the devs to maintain all exchanges. Let's take this slowly. I think this coin is genius and don't want to see this ruined by taking too big steps at the beginning.

Add it to 1-3 more exchanges and then go with coinmarketcap. Devs decide what time they need.

Totally agree

As my grandfather used to say:   Lets's not put the cart before the horse!
hero member
Activity: 528
Merit: 500
We are the ones we've been waiting for
March 15, 2014, 09:31:22 AM
Hey Alexander - If the coin suddenly gets really popular and starts climbing the charts , will you be dumping on the market to stop it from growing more than a certain amount? Or will you adopt to the new rate and keep the coin at the new high exchange rate or something. Thanks.

We curb the rise in the rates, letting it continue to rise, by selling AIR, to slow the rate but not prevent (or worse, reverse) it. Once demand has stabilized at a new, higher price, the BTC we obtain from that is re-invested. Depending on how long it takes for the price to start coming back down (minutes, hours, weeks, etc.) our traders will grow that BTC volume. When the price starts falling, the system can buy back at a higher price determined by the gains on the trading. This means any pumps or dumps get "spread out" over long, long periods of time to prevent sudden rising or falling in the price. The longer it gets spread out, the greater the additional % rise on the final price will be.

In other words, yes, we adapt to new prices. A free market is usually very efficient, unless there are huge volatility or extremely low liquidity. We facilitate that, keeping the environment (The AIR Atmosphere? Perhaps?) friendly for traders and merchants rather than allowing it to exhibit the dramatic swings in prices that most coins have. It's in the best interest of the users to both protect themselves, and to protect the environment they are in. That's one of Bitcoin's primary flaws: while it has that sort of individual security, it has very little protection to its environment aside from its large trading volume, and as we all know, that can't stop it from rising or falling dramatically over 24 hours.


AIR atmosphere! That's how the blog should be named!  Smiley
member
Activity: 101
Merit: 10
March 15, 2014, 09:28:44 AM
Wow~ 1.3 G/hash!

Est Next Difficulty   34.18642536 (Change in 1545 Blocks)

This is crazy. So undervalued on Poloniex, going to grab some more real cheap !
full member
Activity: 157
Merit: 100
March 15, 2014, 08:02:26 AM
You are right! One exchange seems fine for now, but when the coin gets added to coinmarketcap many people will notice it and see it is profitable to mine. The demand will rise and other exchanges will want to add it as soon as possible for the volume, especially seeing volumes on poloniex, because of stabilizing the price via the investor pool. Rapid actions will be needed from the devs to maintain all exchanges. Let's take this slowly. I think this coin is genius and don't want to see this ruined by taking too big steps at the beginning.
Add it to 1-3 more exchanges and then go with coinmarketcap. Devs decide what time they need.

+1

I also think this would be the right approach
hero member
Activity: 770
Merit: 500
March 15, 2014, 07:50:13 AM
Shall I ask the guy who owns coinmarketcap to list AIR ?

I would not recommend this. Let's give this coin more time. It has to be listed on more exchanges.

Please elaborate.

More time for what ? One exchange seems fine for now, easier to manage for AIA.

You are right! One exchange seems fine for now, but when the coin gets added to coinmarketcap many people will notice it and see it is profitable to mine. The demand will rise and other exchanges will want to add it as soon as possible for the volume, especially seeing volumes on poloniex, because of stabilizing the price via the investor pool. Rapid actions will be needed from the devs to maintain all exchanges. Let's take this slowly. I think this coin is genius and don't want to see this ruined by taking too big steps at the beginning.

Add it to 1-3 more exchanges and then go with coinmarketcap. Devs decide what time they need.
legendary
Activity: 1274
Merit: 1050
March 15, 2014, 07:47:55 AM
Buy orders are coming in. Check out the BTC that's waiting to fill buy orders. It's been steadily increasing.
legendary
Activity: 1274
Merit: 1050
March 15, 2014, 06:58:21 AM
Shall I ask the guy who owns coinmarketcap to list AIR ?

I would not recommend this. Let's give this coin more time. It has to be listed on more exchanges.

Please elaborate.

More time for what ? One exchange seems fine for now, easier to manage for AIA.
full member
Activity: 154
Merit: 100
March 15, 2014, 06:49:15 AM
To the admin of okaypool, your pool is showing no blocks found for 4 hours.  Please check your cron jobs. Sorry if this has already been posted. Thanks.
Something is definitely very wrong. Blocks don't mature and payments are not working.
Yes, something is wrong. I had 5 coins stuck in unconfirmed for 7 hours now:

Are they lost?


No, i just received mine from the pool.

this pool have no problem with that: http://air.cryptopool.eu
hero member
Activity: 770
Merit: 500
March 15, 2014, 06:38:48 AM
Shall I ask the guy who owns coinmarketcap to list AIR ?

I would not recommend this. Let's give this coin more time. It has to be listed on more exchanges.
legendary
Activity: 1274
Merit: 1050
March 15, 2014, 06:25:11 AM
Shall I ask the guy who owns coinmarketcap to list AIR ?
jfm
newbie
Activity: 10
Merit: 0
March 15, 2014, 06:22:56 AM
To the admin of okaypool, your pool is showing no blocks found for 4 hours.  Please check your cron jobs. Sorry if this has already been posted. Thanks.
Something is definitely very wrong. Blocks don't mature and payments are not working.
Yes, something is wrong. I had 5 coins stuck in unconfirmed for 7 hours now:
http://i.imgur.com/T15vqqB.jpg
Are they lost?


No, i just received mine from the pool.
full member
Activity: 140
Merit: 100
Bored
March 15, 2014, 05:13:03 AM
To the admin of okaypool, your pool is showing no blocks found for 4 hours.  Please check your cron jobs. Sorry if this has already been posted. Thanks.
Something is definitely very wrong. Blocks don't mature and payments are not working.
Yes, something is wrong. I had 5 coins stuck in unconfirmed for 7 hours now:

Are they lost?
member
Activity: 70
Merit: 10
AIRcoin Alexander
March 15, 2014, 05:11:26 AM
guys it would be useful for us traders to know if certain walls are from devs to regulate price or just regular pumpers wanting to pump the coin for a short while.

If you're wondering about the 800 AIR buy wall, that is not our algorithms. We are currently providing liquidity service to keep volume high, with minimal regulation on the price's movements.

exactly, i was wondering about that. I thought you might have put that to keep the price above that level. Thanks for the info. I am also (among many others probably) interested in a report of the first day of trading in Poloniex. What did you do to influence price?

We will put together a report soon to go over the full details. Right now, however, most of our actions were just closing the buy/sell spread to facilitate movement between other buyers and sellers. As a result, nearly 30 BTC have been moved since launch, and spreads remain thin to make trading less risky for users.
hero member
Activity: 602
Merit: 500
March 15, 2014, 05:09:15 AM
guys it would be useful for us traders to know if certain walls are from devs to regulate price or just regular pumpers wanting to pump the coin for a short while.

If you're wondering about the 800 AIR buy wall, that is not our algorithms. We are currently providing liquidity service to keep volume high, with minimal regulation on the price's movements.

exactly, i was wondering about that. I thought you might have put that to keep the price above that level. Thanks for the info. I am also (among many others probably) interested in a report of the first day of trading in Poloniex. What did you do to influence price?
member
Activity: 70
Merit: 10
AIRcoin Alexander
March 15, 2014, 05:08:11 AM
guys it would be useful for us traders to know if certain walls are from devs to regulate price or just regular pumpers wanting to pump the coin for a short while.

If you're wondering about the 800 AIR buy wall, that is not our algorithms. We are currently providing liquidity service to keep volume high, with minimal regulation on the price's movements.
hero member
Activity: 602
Merit: 500
March 15, 2014, 05:04:33 AM
guys it would be useful for us traders to know if certain walls are from devs to regulate price or just regular pumpers wanting to pump the coin for a short while.
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