Update in Chinese Circuit Coin page
https://bitcointalksearch.org/topic/m.12078123
Topic: [ANN] CryptoCircuits (CIRC) | Johnny 5 Bot Now Live V2 RhinoHunter Soon Released - page 86. (Read 354542 times)
August 07, 2015, 09:02:30 AM
August 07, 2015, 09:00:41 AM
beer time! good luck to you all!
August 07, 2015, 08:48:15 AM
All trolling aside, this coin seems geared toward just whales getting all the money.
So after that, then what ?
Pretty stupid/dumb.
All Trolling aside, yes it is. However, if the plan is worked through, the people holding Circ should be able to benefit from the ideas that bring in money and burn coin supply. Many coins have promised this sort of thing, if Circ does it, they will succeed in becoming a well priced coin.
There should be no reason for them not to try it. Getting to a saturated market with revenue streams and a shrinking supply should make sure coin price rises. Lot's of things that could go either way, but that is how it should go.
I would like to see it at least get to a point to test the theory...
August 07, 2015, 08:42:45 AM
All trolling aside, this coin seems geared toward just whales getting all the money.
So after that, then what ?
Pretty stupid/dumb.
Then they set sells at 300k sats, duh!
(Hopefully buy support is there lol)
August 07, 2015, 08:37:35 AM
All trolling aside, this coin seems geared toward just whales getting all the money.
So after that, then what ?
Pretty stupid/dumb.
August 07, 2015, 08:28:58 AM
lana where ar you?
August 07, 2015, 08:27:33 AM
the culling is something like a bet
August 07, 2015, 08:25:01 AM
can someone explain what exactly happens during The Culling?
The Culling
By Phase 3, we have built a community of skilled, active traders and investors who have arrived from many parts of the crypto landscape. Many of these traders and community members have established brands and escrow reputations within the CryptoCircuits ecosystem - through their participation in the various Slack rooms, being on-air in After Dark, and in their trading, teaching, and escrow dealings within the community. We have a strong network of branded escrow agents within Circuits - and now these escrow agents step forward to escrow The Culling.
The Culling is a 30 day period where any investor can post via Whale level escrow an offer to buy or sell any amount of Circuits. There is one simple rule: once an offer is posted and escrow established, anyone can propose the opposite of the offer, and the agreement is immediately effectuated.
Example: Sam offers to buy 2000 Circuits for 2 btc. He places both 2 BTC and 2000 circuits in escrow. Anyone can now immediately sell those Circuits to Sam - but anyone can also immediately demand 2000 Circuits from Sam at that exact price, and the sale is closed.
The result: a second phase price discovery that allows volatile, large scale, yet completely fair transfer of Circuits to the sharpest traders and those who are intent on becoming the core holders of Circuits.
The Assembly
After the 30 days of the Culling is completed, The Assembly will begin. The Assembly is limited to those holding more than 3% of the total supply. Participants will be the battle tested, true survivors of The Culling - the core members of the Circuits community. The Assembly will join forces with the Circuits dev team to establish the revenue burning guidelines, market level goals and revenue stream plans for the next phase of Circuits.
At no time will crypto circuits pay dividends to coin holders.
Obviously this is a first in crypto - the planned integration of the core community of a coin into the the Coin’s inner team, right in the middle of the coin’s revenue growth. But consider why we are doing this - we are integrating a group of skilled traders, bot experts, and seasoned crypto veterans who are holding significant amounts of Circuits. One can only imagine what comes next for Circuits after this.
This continues the natural evolution of CryptoCircuits. Our whole focus - from Crypto After Dark right through to the to the teaching rooms and escrow programs - has been about our community, teaching each other, building relationships, and rewarding these relationships.
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I'm actually curious to see what happens given the Dev's original comments (in red above) after the 30-day period has ended and the big holders work with the dev team to decide on the coin's direction. Hopefully this means the price only going/STAYING higher if they're strong-hands and serious about it (but then again many ppl have been dumped on before so who knows).
What's people's take on the price after the culling aspect? Given it's going to be a wild up/down ride during it, no?
August 07, 2015, 08:19:01 AM
can someone explain what exactly happens during The Culling?
August 07, 2015, 08:12:01 AM
Technically, isn't all whale play Culling?
August 07, 2015, 08:07:13 AM
Btw: for the peole talking nonsense,
THE CULLING STARTED YESTERDAY
Technically it starts in 5 days no?
Officially
But the warmups have started
Ok, I thought so.
August 07, 2015, 08:05:59 AM
Btw: for the peole talking nonsense,
THE CULLING STARTED YESTERDAY
Technically it starts in 5 days no?
August 07, 2015, 08:02:08 AM
Wow, bot stuff looks impressive and add that to what's in store...no reason this thing shouldn't go 50-100k easy, AMIRITE?
August 07, 2015, 07:49:56 AM
Price already going UP
yes! that's good CHEAP COINS
August 07, 2015, 07:47:13 AM
Price already going UP
August 07, 2015, 07:46:06 AM
i dont see where is my glasses?
August 07, 2015, 07:45:34 AM
Great update, thanks
We will go to the moon soon. I know of plenty of bot users who will drop the qtl bot and come over to the circ bot.
From what I seen its 100 times better and its still in beta.
its a lot of work to make a bot, yes beta
I never made a bot before but I imagine it takes lots of hard work. Great for the devs getting this completed. Soon we go to moon.
It take a combo of knowing how to program AND what to make it do within the markets. That should be encouraging after the road map and execution so far on this coin. This team obviously knows. They can obviously program, and the road map show they have experience in the coins. Good combo, hence Circ.
August 07, 2015, 07:44:13 AM
Hi Everyone
Just a few updates concerning the bot -
Firstly it is clear that there have been some leaks of the early test versions in the forms of screenshots / videos. We are not particularly happy about that, of course, for many reasons. However we have neither the time or the inclination right now to isolate the source of the leak. That time is better spent on dev work. We would point out though that all the leaks we have seen so far are earlier versions, predating the actual current johnny build we are working on.
Our time right now is 24/ 7 bug squashing and finalizing some important internals of the bot that are not currently displayed in the GUI. We are currently on the third test build, and are very satisfied with how things are looking. A few notes:
- Cryptsy will not immediately be functional due to their antiquated API. As soon as their updating is complete we will test and enable Cryptsy functionality.
- CCEX has a max of 1 API call every 5 seconds. We are in a dialogue with them about this to find a workaround.
- We will be adding a trade analyzer so traders will be able to evaluate their own trading patterns, including such features as average buy, average cost, % up % down etc.
- Bitcoin wisdom - style candlestick charting is in the works
The feature we are most excited about is the stop-loss function which is being built in across the entire CIRC bot platform. The stop loss will be among the final features to be up - ported into the GUI from the working code base since it has to work across the board with all bot functions. However, by proceeding this way we ensure the smoothest possible integration of this feature when the time comes.
This will be the first time stop-loss functionality will be integrated into an automatic bot platform and marks a big step forward for traders looking for ultimate advantages in their trading methods. Timed buys and timed sells will be completely programmable, allowing you as a trader to enter and exit a moving market at precise price points. Like the CIRC vDPOS and unlockable panels, our stop-loss enabled bot will be taking crypto into new territory.
Just a few updates concerning the bot -
Firstly it is clear that there have been some leaks of the early test versions in the forms of screenshots / videos. We are not particularly happy about that, of course, for many reasons. However we have neither the time or the inclination right now to isolate the source of the leak. That time is better spent on dev work. We would point out though that all the leaks we have seen so far are earlier versions, predating the actual current johnny build we are working on.
Our time right now is 24/ 7 bug squashing and finalizing some important internals of the bot that are not currently displayed in the GUI. We are currently on the third test build, and are very satisfied with how things are looking. A few notes:
- Cryptsy will not immediately be functional due to their antiquated API. As soon as their updating is complete we will test and enable Cryptsy functionality.
- CCEX has a max of 1 API call every 5 seconds. We are in a dialogue with them about this to find a workaround.
- We will be adding a trade analyzer so traders will be able to evaluate their own trading patterns, including such features as average buy, average cost, % up % down etc.
- Bitcoin wisdom - style candlestick charting is in the works
The feature we are most excited about is the stop-loss function which is being built in across the entire CIRC bot platform. The stop loss will be among the final features to be up - ported into the GUI from the working code base since it has to work across the board with all bot functions. However, by proceeding this way we ensure the smoothest possible integration of this feature when the time comes.
This will be the first time stop-loss functionality will be integrated into an automatic bot platform and marks a big step forward for traders looking for ultimate advantages in their trading methods. Timed buys and timed sells will be completely programmable, allowing you as a trader to enter and exit a moving market at precise price points. Like the CIRC vDPOS and unlockable panels, our stop-loss enabled bot will be taking crypto into new territory.
Just incase people missed this shit, I made it a bit bigger and darker.
August 07, 2015, 07:41:58 AM
Great update, thanks
We will go to the moon soon. I know of plenty of bot users who will drop the qtl bot and come over to the circ bot.
From what I seen its 100 times better and its still in beta.
its a lot of work to make a bot, yes beta
I never made a bot before but I imagine it takes lots of hard work. Great for the devs getting this completed. Soon we go to moon.
August 07, 2015, 07:40:02 AM
Hi Everyone
Just a few updates concerning the bot -
Firstly it is clear that there have been some leaks of the early test versions in the forms of screenshots / videos. We are not particularly happy about that, of course, for many reasons. However we have neither the time or the inclination right now to isolate the source of the leak. That time is better spent on dev work. We would point out though that all the leaks we have seen so far are earlier versions, predating the actual current johnny build we are working on.
Our time right now is 24/ 7 bug squashing and finalizing some important internals of the bot that are not currently displayed in the GUI. We are currently on the third test build, and are very satisfied with how things are looking. A few notes:
- Cryptsy will not immediately be functional due to their antiquated API. As soon as their updating is complete we will test and enable Cryptsy functionality.
- CCEX has a max of 1 API call every 5 seconds. We are in a dialogue with them about this to find a workaround.
- We will be adding a trade analyzer so traders will be able to evaluate their own trading patterns, including such features as average buy, average cost, % up % down etc.
- Bitcoin wisdom - style candlestick charting is in the works
The feature we are most excited about is the stop-loss function which is being built in across the entire CIRC bot platform. The stop loss will be among the final features to be up - ported into the GUI from the working code base since it has to work across the board with all bot functions. However, by proceeding this way we ensure the smoothest possible integration of this feature when the time comes.
This will be the first time stop-loss functionality will be integrated into an automatic bot platform and marks a big step forward for traders looking for ultimate advantages in their trading methods. Timed buys and timed sells will be completely programmable, allowing you as a trader to enter and exit a moving market at precise price points. Like the CIRC vDPOS and unlockable panels, our stop-loss enabled bot will be taking crypto into new territory.
Just a few updates concerning the bot -
Firstly it is clear that there have been some leaks of the early test versions in the forms of screenshots / videos. We are not particularly happy about that, of course, for many reasons. However we have neither the time or the inclination right now to isolate the source of the leak. That time is better spent on dev work. We would point out though that all the leaks we have seen so far are earlier versions, predating the actual current johnny build we are working on.
Our time right now is 24/ 7 bug squashing and finalizing some important internals of the bot that are not currently displayed in the GUI. We are currently on the third test build, and are very satisfied with how things are looking. A few notes:
- Cryptsy will not immediately be functional due to their antiquated API. As soon as their updating is complete we will test and enable Cryptsy functionality.
- CCEX has a max of 1 API call every 5 seconds. We are in a dialogue with them about this to find a workaround.
- We will be adding a trade analyzer so traders will be able to evaluate their own trading patterns, including such features as average buy, average cost, % up % down etc.
- Bitcoin wisdom - style candlestick charting is in the works
The feature we are most excited about is the stop-loss function which is being built in across the entire CIRC bot platform. The stop loss will be among the final features to be up - ported into the GUI from the working code base since it has to work across the board with all bot functions. However, by proceeding this way we ensure the smoothest possible integration of this feature when the time comes.
This will be the first time stop-loss functionality will be integrated into an automatic bot platform and marks a big step forward for traders looking for ultimate advantages in their trading methods. Timed buys and timed sells will be completely programmable, allowing you as a trader to enter and exit a moving market at precise price points. Like the CIRC vDPOS and unlockable panels, our stop-loss enabled bot will be taking crypto into new territory.
The bolded part is really important. Yall need to realize how this will change the game of alt trading as we know it.
No more needing to leave btc on the books to catch a falling knife, all you need now is you bot running timed buys and same goes with the stop loss. Never go to sleep without the bot ready to execute a trade in case the price starts tanking.
Crypto trading is about to get flipped on its head.
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