Topic: [ANN] Cinni | Mandatory: Convert your Cinni to Stakecoin. Instuctions posted. - page 194. (Read 739163 times)
June 18, 2014, 12:59:16 AM
If you have more btc yes... I only wait...
June 18, 2014, 12:15:13 AM
@raw1 3 reasons I can think of that hurt it.
1. From the beginning there was a stupid greedy whale suppressing the price and putting sell wall after sell wall. That killed investor confidence, and created a lot of bagholders and now when a whale shows up with a 42btc buy wall, there is no confidence and demand, so people continue to dump at any opportunity they get. The whale then goes lower and lower with the buy wall, as a result lowering the price.
2. The devs set way too many specific ETAs including new "features release this weekend" and release in a "couple hours", and its been 2-3 days with no much of a release...ETA came and went with nada..people panic and dump. So I hope from now on the devs dont give specific dates. They should give round about ETAs and more importantly make sure all the bugs and kinks are worked out before releasing or updating.
3. People want to catch the train on other coins, like right now Crypt is booming, and they dont want to miss that shot. They have most of their btc caught up in downtrending/stagnant coins (like Cinni) so what they do is dump those coins to catch the hyped coins with the hope to make a quick buck.
..for what its worth, my two cents.
1. From the beginning there was a stupid greedy whale suppressing the price and putting sell wall after sell wall. That killed investor confidence, and created a lot of bagholders and now when a whale shows up with a 42btc buy wall, there is no confidence and demand, so people continue to dump at any opportunity they get. The whale then goes lower and lower with the buy wall, as a result lowering the price.
2. The devs set way too many specific ETAs including new "features release this weekend" and release in a "couple hours", and its been 2-3 days with no much of a release...ETA came and went with nada..people panic and dump. So I hope from now on the devs dont give specific dates. They should give round about ETAs and more importantly make sure all the bugs and kinks are worked out before releasing or updating.
3. People want to catch the train on other coins, like right now Crypt is booming, and they dont want to miss that shot. They have most of their btc caught up in downtrending/stagnant coins (like Cinni) so what they do is dump those coins to catch the hyped coins with the hope to make a quick buck.
..for what its worth, my two cents.
this exact same reasons am thinking of ...
but there's something mystery about this coin. who wana sell at 21k will not put all he's stash to stop coin from goin up like what happen here .
if he want to make profit he should just leave ppl buy up and i will sell all way up . and not stop it from going up . this what logic say .
i thought he wana short and get more cinni cheaper . but this end with over 50% lose in price with no sign of goin up . hope am wrong
June 18, 2014, 12:13:07 AM
a coin need only buy support.
look at 24hour volume nearly 150BTC. So any whale or grup if buy 70-80BTC price go up maybe 14-15K shortly. its mean easy %50 profit.
if i have enough BTC i'd do, but not.
look at 24hour volume nearly 150BTC. So any whale or grup if buy 70-80BTC price go up maybe 14-15K shortly. its mean easy %50 profit.
if i have enough BTC i'd do, but not.
June 18, 2014, 12:02:30 AM
@raw1 3 reasons I can think of that hurt it.
1. From the beginning there was a stupid greedy whale suppressing the price and putting sell wall after sell wall. That killed investor confidence, and created a lot of bagholders and now when a whale shows up with a 42btc buy wall, there is no confidence and demand, so people continue to dump at any opportunity they get. The whale then goes lower and lower with the buy wall, as a result lowering the price.
2. The devs set way too many specific ETAs including new "features release this weekend" and release in a "couple hours", and its been 2-3 days with no much of a release...ETA came and went with nada..people panic and dump. So I hope from now on the devs dont give specific dates. They should give round about ETAs and more importantly make sure all the bugs and kinks are worked out before releasing or updating.
3. People want to catch the train on other coins, like right now Crypt is booming, and they dont want to miss that shot. They have most of their btc caught up in downtrending/stagnant coins (like Cinni) so what they do is dump those coins to catch the hyped coins with the hope to make a quick buck.
..for what its worth, my two cents.
1. From the beginning there was a stupid greedy whale suppressing the price and putting sell wall after sell wall. That killed investor confidence, and created a lot of bagholders and now when a whale shows up with a 42btc buy wall, there is no confidence and demand, so people continue to dump at any opportunity they get. The whale then goes lower and lower with the buy wall, as a result lowering the price.
2. The devs set way too many specific ETAs including new "features release this weekend" and release in a "couple hours", and its been 2-3 days with no much of a release...ETA came and went with nada..people panic and dump. So I hope from now on the devs dont give specific dates. They should give round about ETAs and more importantly make sure all the bugs and kinks are worked out before releasing or updating.
3. People want to catch the train on other coins, like right now Crypt is booming, and they dont want to miss that shot. They have most of their btc caught up in downtrending/stagnant coins (like Cinni) so what they do is dump those coins to catch the hyped coins with the hope to make a quick buck.
..for what its worth, my two cents.
June 18, 2014, 12:01:43 AM
It also happened to Dogecoin (I've been around since then, and earlier). Story time.
After Christmas, Doge started dropping - heading ever so slowly back toward its original Major Notice Point by the public, at 50-55 satoshi per Doge. Someone in the chat comes up and says, "My friend is an analyst and he says it's almost literally impossible for Doge to go below 55 satoshi again." About a day later, it did fall below that point, to about 30-something (I think?). I'm not sure what the guy had to say about that. But I stayed in the chat awhile longer, when Wolong had come around. After he'd already pumped the price quite high, I remember him reflecting to the chat that, when he was looking at the order book pattern for when it was going below 50-satoshi, he noticed that it was definitely whales were behind that heavy drop manipulation, said to be impossible by the supposed analyst.
After Christmas, Doge started dropping - heading ever so slowly back toward its original Major Notice Point by the public, at 50-55 satoshi per Doge. Someone in the chat comes up and says, "My friend is an analyst and he says it's almost literally impossible for Doge to go below 55 satoshi again." About a day later, it did fall below that point, to about 30-something (I think?). I'm not sure what the guy had to say about that. But I stayed in the chat awhile longer, when Wolong had come around. After he'd already pumped the price quite high, I remember him reflecting to the chat that, when he was looking at the order book pattern for when it was going below 50-satoshi, he noticed that it was definitely whales were behind that heavy drop manipulation, said to be impossible by the supposed analyst.
June 17, 2014, 11:53:44 PM
we need buy support, where is the buy support.
+1, stupid guy dumpe 4k to that whale, the whale left now, shit..
He comes back at 94k
gogogo whale pimp and pump this coin up !
To the moon
dumpers are the smart ones, they are leaving before the price goes way too low. the rest of u are on the titanic sinking with the price.
June 17, 2014, 11:51:51 PM
there's no way this coin price under 10k , while there many shit coins copy paste and have higher value , there's a big manipulation here .or there's something wrong in adv for this coin . seems we need 1-2 weeks to recover again from this . i hope it will not take longer .
+1, stop dumping and buy or set more buy orders, we will go up soon
i didnt sell any coin yet i had chance to sell at 20k-25k and didnt sell.
and i will not sell at this price noway and am mining and buying more when ever i get chance to do
but this coin deserve to be in higher lvl
why you think we still playing in this range ?
June 17, 2014, 11:51:12 PM
there's no way this coin price under 10k , while there many shit coins copy paste and have higher value , there's a big manipulation here .or there's something wrong in adv for this coin . seems we need 1-2 weeks to recover again from this . i hope it will not take longer .
honestly this coins messes with your nerves and money, it is a manipulated market, phew hands hold most of the coin and just uses real investors to push them out of btc, i think i can find a more healthy coin, and theres like 8 other coins with anon, while we wait this one for 10 weeks, im dissapointed with this coin, it can be the number one coin, but while theres phew ppl with big % quantity of the market, well all this doesnt matter, it really is in their hands and they ve burned it real good, not even with that push wall ppl buy, everyone wants to sell on the better price to avoid loses, this turned from a nice investment into a nightmare manipulation.
Im 80% out and if they keep pushing it down i think ill just have to leave.
PR firm and media was fake also, because wizrig wanted to sell his cinni stash, so he lied about that, and the true is cinni has no PR team, nor anything else aside from the Dev team and the XC & Cinni Community manager...
community manager should help people gather and come up with ideas and work, and ours is more caring with XC so. really gz to the devs for their job, other than that, the coin have nothing real.
June 17, 2014, 11:46:17 PM
there's no way this coin price under 10k , while there many shit coins copy paste and have higher value , there's a big manipulation here .or there's something wrong in adv for this coin . seems we need 1-2 weeks to recover again from this . i hope it will not take longer .
+1, stop dumping and buy or set more buy orders, we will go up soon
June 17, 2014, 11:45:02 PM
there's no way this coin price under 10k , while there many shit coins copy paste and have higher value , there's a big manipulation here .or there's something wrong in adv for this coin . seems we need 1-2 weeks to recover again from this . i hope it will not take longer .
A long time ago Bitcoin was worth $10.
Not too long from now people will be kicking themselves for selling at 10k.
June 17, 2014, 11:43:25 PM
there's no way this coin price under 10k , while there many shit coins copy paste and have higher value , there's a big manipulation here .or there's something wrong in adv for this coin . seems we need 1-2 weeks to recover again from this . i hope it will not take longer .
June 17, 2014, 11:41:47 PM
shit, don't dump any more, the whale moves the order lower and lower. You wanna dump to 5k and he eats your all coins?? 
June 17, 2014, 11:24:51 PM
I've seen this pattern before.
This happened just before XMR exploded a few days later.
Exact same pattern.
I sold my .5btc worth then after buying just a tiny bit earlier at a higher price, believing that it would just drop a longer way... then XMR went way up and I lost 2btc worth of profit.
It gets people to sell lower and lower and lower, hands down. It works perfectly as a means to LITERALLY drive down the price, as far as the retards who pull this bullshit maneuver desire, and they should really go rot in jail actually.
This happened just before XMR exploded a few days later.
Exact same pattern.
I sold my .5btc worth then after buying just a tiny bit earlier at a higher price, believing that it would just drop a longer way... then XMR went way up and I lost 2btc worth of profit.
It gets people to sell lower and lower and lower, hands down. It works perfectly as a means to LITERALLY drive down the price, as far as the retards who pull this bullshit maneuver desire, and they should really go rot in jail actually.
June 17, 2014, 11:16:03 PM
spread out your Cinni to some other exchanges, too many spend way too much time propping up manipulated exchanges like mintpal and cryptsy. try placing a few small sells on some other exchanges you might be surprised. 
Whales also tend to avoid those exchanges because they can't dump or pump absurd amounts, but for smaller traders there is plenty of profit to be made.
Spread acroos multiple exchanges will also help break the trolls and whales manipulation and make the p&d cycle on mintpal less extreme. And allows Cinni to be used as fast way to transfer between exchanges (Arbitrage!) which will help to further stabilize the price. Remember there is only so much Cinni to go around and very low inflation from staking
The less Cinni is allowed to be centralized on one exchange, the more it will lead to stable price and a increased demand in markets for it.
Heres a few of the other smaller exchanges where Cinni can be traded
Atomic
has CINNI/BTC
Bleutrade
has CINNI/BTC, CINNI/LTC, CINNI/Any Altcoin! pairings
Crypto-trade
has CINNI/USD! & CINNI/BTC pairings
Whales also tend to avoid those exchanges because they can't dump or pump absurd amounts, but for smaller traders there is plenty of profit to be made.
Spread acroos multiple exchanges will also help break the trolls and whales manipulation and make the p&d cycle on mintpal less extreme. And allows Cinni to be used as fast way to transfer between exchanges (Arbitrage!) which will help to further stabilize the price. Remember there is only so much Cinni to go around and very low inflation from staking
The less Cinni is allowed to be centralized on one exchange, the more it will lead to stable price and a increased demand in markets for it.
Heres a few of the other smaller exchanges where Cinni can be traded
Atomic
has CINNI/BTC
Bleutrade
has CINNI/BTC, CINNI/LTC, CINNI/Any Altcoin! pairings
Crypto-trade
has CINNI/USD! & CINNI/BTC pairings
June 17, 2014, 11:14:10 PM
we need buy support, where is the buy support.
+1, stupid guy dumpe 4k to that whale, the whale left now, shit..
He comes back at 94k
gogogo whale pimp and pump this coin up !
To the moon
June 17, 2014, 11:06:41 PM
i hate dumpers ! 
Me too...
But, 35k-40k in 14 days sounds about right.(Man that said that is very smart)Then, we'll have a support level ~30k to stabilize price, so new investors don't get spooked, and run away. I believe all(or most) of this dumping is coming from competing coins that want to try to wreck confidence in coin. Because once this coin is recognized widely, we will be the coin going up in value, and theirs will be going down & down like AuroraCoin did, for example. HOLD, HOLD, HOLD.
~darylluke.
June 17, 2014, 11:01:00 PM
June 17, 2014, 10:58:51 PM
i hate dumpers !
June 17, 2014, 10:48:35 PM
The little whale was frightened
Yep, when he moves higher, ppl dumped a lot, he has to move the orders lower, so don't dump, we need more buy support
June 17, 2014, 10:45:41 PM
Hey guys
Here is the latest wallet: CinniCoin_1.1.0_win32.
It doesn't include the invoicing as we are having a few setbacks.
We have done loads of work on the EM distribution.
There were also some issues with appending to database, which seems to have been causing havoc all across the board.
We will be releasing more fixes soon, as well as the invoicing and receipts.
We've redesigned it quite substantially, to allow you to keep track of what has been paid, what hasn't, and so on, which is why its taking allot longer.
I'm currently having trouble with my internet, but as soon as its resolved I plan to upload the mac wallet.
Here is the latest wallet: CinniCoin_1.1.0_win32.
It doesn't include the invoicing as we are having a few setbacks.
We have done loads of work on the EM distribution.
There were also some issues with appending to database, which seems to have been causing havoc all across the board.
We will be releasing more fixes soon, as well as the invoicing and receipts.
We've redesigned it quite substantially, to allow you to keep track of what has been paid, what hasn't, and so on, which is why its taking allot longer.
I'm currently having trouble with my internet, but as soon as its resolved I plan to upload the mac wallet.
Versions numbering/naming, that right there is the biggest improvement yet imho, please continue with that from now
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