Hi Everyone
We have registered that the thread has gotten quite lively along with the volume and price action. We encourage everyone to keep it civilized. High volume and volatility are to be expected with this coin. It is designed for traders, so it is to be expected that those same traders will be using various strategies to profit and perhaps increase their CIRC holdings.
Volume has been quite impressive the last days, and it demonstrates that the various investors in Circuits are out in force and showing their chops. We repeat: while we are in no position to condone or condemn large scale crypto trading strategies involving walls, pumps, dumps, shakeouts etc - - they are obviously to be expected in a coin that is aimed squarely at traders, and held mainly by traders. We are proud of our clearly diverse, opinionated, skilled, and growing community. While we are focused 100% on deving out our upcoming panel features, at the same time we have great respect for the traders who are turning Circuits into one of the most-watched coins currently on the market.
The bot development is going well. Barakus is the point man on the bot component and is using the coming weekend to finalize the GUI elements. Feel free to join his channel on slack to stay current on the details, and a big thanks to everyone for the constructive input via the slack channels so far. We have experienced a bothersome hang-up relating to the speed of order groupings and dispatches via the api query to one of the exchanges, but we are coding a workaround that actually brings us closer to real time in execution. We expect this to be fully worked out and bug free by the middle of the week, enabling full feature sets during the trials, which will begin thereafter. The beta testers will be contacted in the course of next week with details on what we’ll be needing from them.
There have been requests from those not in the Whale Lounge to have equal access to some of the information Thursday has been presenting there regarding the Culling. Thursday tends towards the informal in presentation, but we have asked him to put some of these posts together into a white paper, and as soon as he does this it will be posted for download.
Finally, out of fairness to those just joining, we would remind everyone that the next stage of vDPOS is fast approaching, with very substantial staking rewards set for payout in the coming weeks. If you are just joining the community, make sure you get involved in your Lounge Slack and get your wallet correctly set up for your share of the payouts. It is probably no coincidence that the recent high volume and volatility has come during the reduced vDPOS stage – it is quite likely and sensible that many of these large holdings will be moving off exchange and into wallets during the coming days.
Again – a big thanks to all our supporters – and we look forward to several exciting weeks in front of us with the high vDPOS staking and the bot releases.
Great update. I am still reading but like where this is going.
