Pages:
Author

Topic: [ANN] microCoin MRC - alcurEX - Scrypt-Jane - nFactor - page 47. (Read 374702 times)

full member
Activity: 134
Merit: 100
There was talk on alcurex thread that shareholders are able to test it on friday evening. I'm hoping it's soon open.
so the price won't fall. damn) so I'll try to buy for 2sat
newbie
Activity: 24
Merit: 0
There was talk on alcurex thread that shareholders are able to test it on friday evening. I'm hoping it's soon open.
full member
Activity: 134
Merit: 100
i don't even know what to do. to be glad or sad because of the 3sat price. I want the coin to be expensive because I have a lot of them but I also want to buy moar at 1sat Smiley
what's the news about alcurex and stuff?
full member
Activity: 134
Merit: 100
and now its the tine to buy^^
legendary
Activity: 1050
Merit: 1007
Live like there is no tomorrow!
We've nothing to complain about. We're clearly on our way up.

Yes, it was unexpected pump for someone's reason. Temporary. Like 50-100 BTC splash with followed other minor players.
To get MRC stable rising (i prefer low stable rise than such fast pump - it had to be equal or close with like LTC mining) for example mining with today speed/rate i get same amount of MRC which IF i sell to LTC will be same or close as if i mine directly LTC itself..

Good news - rate cant fall lower its mining mentioned above, and we got difficulty rised alot and reward lower and lower with each day..  Roll Eyes So 2 sat. rate is ok for today.

Yet, its good advertisement anyway, everyone like pumps  Grin

I'd prefer stable rising too. It would be great if that happens from now on. We'll need a lot of buy orders to fullfill the sell orders, but that isn't a mission impossible for sure!
full member
Activity: 434
Merit: 100
Yes, it was unexpected pump for someone's reason. Temporary. Like 50-100 BTC splash with followed other minor players.
To get MRC stable rising (i prefer low stable rise than such fast pump - it had to be equal or close with like LTC mining) for example mining with today speed/rate i get same amount of MRC which IF i sell to LTC will be same or close as if i mine directly LTC itself..

Good news - rate cant fall lower its mining mentioned above, and we got difficulty rised alot and reward lower and lower with each day..  Roll Eyes So 2 sat. rate is ok for today.

Yet, its good advertisement anyway, everyone like pumps  Grin
full member
Activity: 134
Merit: 100
oh ok. but noone is whining. have a look at the volumes for the last hours. in 4-5 hours it will be about 15btc
full member
Activity: 434
Merit: 100
I dont see 1 sat.  Stop whining. Its normal for rate rising and falling.

3 sat at mintpal and 2-3 sat (88 lit) at poloniex.  Its 3-4 times higher than was 2 days ago.  And this rising was not expected so early.
full member
Activity: 134
Merit: 100
hello 1 satoshi
legendary
Activity: 1022
Merit: 1010
It is nice to see this coin in the move again. But the problem is a lot of people try to keep this price as low as possible for profit. It is easy to see how much profits were made:
- Bought at 1 sat, sell at 2 or 3 sats (200-300% profit).
- Bought at 2 sat, sell at 3 or 4 sats (150-200% profit).
- Bought at 3 sat, sell at 4 or 5 sats (133-167% profit).

With this pattern it is easy to see why the 3 sats sell order wall was put back every time.

IMHO, for this coin to make a move to 10 sats range, it needs a lot of things to be happen like alcurex announcement or block rewards drop to 20k. Right now this coin is one of the most profitable coin to mine, and some big miners just dump at 2 or 3 sat because it is for them still the best option now.

Regards,

After watching the trades... There's a small whale sitting on the buys and sells... selling @3, with a buy @2.  As more people buy in, he may allow the price to swing up when he can still keep it in his control.  After that, the cards fall.  If the mining can pick up more though, it will change.  This is looking exactly like the buy/sell wall that FTC had i previously ranted on.  Anyone want to bet 1 MRC on the results?

That is simply not possible due to the size of the walls. Orders are filled I the order they are received. If there are 10 BTC of buy orders at 2 and you place an order to buy at two.... You are last to fill.

Your theory doesn't work. If it did it would be very easy to game the system.


I agree with what you are saying exactly, but not the result.  

As a whale, I put in a sell order of 10BTC worth at 3, and a buy at 2 worth 10BTC.  As people buy and sell, i make my profit.  Now add in others...  Total there's 11 BTC Selling at 3, and 11 buying at 2.  If its the same person who put in the 1 BTC, over time they will join in the game too.  If the 1 BTC on each is comprised of many different people, could argue i'm the only one winning.  I agree, its first come first served, but if you are the bulk of the volume of standing orders, it becomes moot.  in that example, 92% of the volume is passing through my hands, and I profit.  When you sell yours at 2, i'm turning around and selling it for 3.  Now the price could go up as people see the volume, and the price goes up, but as long as the volume doesn't kick up enough, the whale is able to create profit.  By the price being so low, from 2 to 3, thats super easy to do.  No one can come in at 2.1, or 2.9 and start to mess with the plan.  If the price does get higher, and the gap wider... the whale will only allow the gap to grow wide enough so that if you tried to buy and sell from a different exchange the fees would eat away at the profit.

*** Its going to be a little tough to read through some of the random chatter, here's the FTC forum thread discussing when their happened.  Its amazing some of the chatter is the same as on here.

https://forum.feathercoin.com/index.php?/topic/6276-feathercoin-on-the-rise/page-2
You are right about hedging. It's old trading method and altcoins are good target because of low volume.
Don't sell when price is low.

Put that way, I suppose yes. But the person placing the large trades wouldn't want to place one large trade, but multiple small trades timed with entry and exit points. So he can pull last to fill orders if need be and still get his orders up front filled.  Tricky, but I'm sure people are doing it.
legendary
Activity: 1596
Merit: 1006
It is nice to see this coin in the move again. But the problem is a lot of people try to keep this price as low as possible for profit. It is easy to see how much profits were made:
- Bought at 1 sat, sell at 2 or 3 sats (200-300% profit).
- Bought at 2 sat, sell at 3 or 4 sats (150-200% profit).
- Bought at 3 sat, sell at 4 or 5 sats (133-167% profit).

With this pattern it is easy to see why the 3 sats sell order wall was put back every time.

IMHO, for this coin to make a move to 10 sats range, it needs a lot of things to be happen like alcurex announcement or block rewards drop to 20k. Right now this coin is one of the most profitable coin to mine, and some big miners just dump at 2 or 3 sat because it is for them still the best option now.

Regards,

After watching the trades... There's a small whale sitting on the buys and sells... selling @3, with a buy @2.  As more people buy in, he may allow the price to swing up when he can still keep it in his control.  After that, the cards fall.  If the mining can pick up more though, it will change.  This is looking exactly like the buy/sell wall that FTC had i previously ranted on.  Anyone want to bet 1 MRC on the results?

That is simply not possible due to the size of the walls. Orders are filled I the order they are received. If there are 10 BTC of buy orders at 2 and you place an order to buy at two.... You are last to fill.

Your theory doesn't work. If it did it would be very easy to game the system.


I agree with what you are saying exactly, but not the result.  

As a whale, I put in a sell order of 10BTC worth at 3, and a buy at 2 worth 10BTC.  As people buy and sell, i make my profit.  Now add in others...  Total there's 11 BTC Selling at 3, and 11 buying at 2.  If its the same person who put in the 1 BTC, over time they will join in the game too.  If the 1 BTC on each is comprised of many different people, could argue i'm the only one winning.  I agree, its first come first served, but if you are the bulk of the volume of standing orders, it becomes moot.  in that example, 92% of the volume is passing through my hands, and I profit.  When you sell yours at 2, i'm turning around and selling it for 3.  Now the price could go up as people see the volume, and the price goes up, but as long as the volume doesn't kick up enough, the whale is able to create profit.  By the price being so low, from 2 to 3, thats super easy to do.  No one can come in at 2.1, or 2.9 and start to mess with the plan.  If the price does get higher, and the gap wider... the whale will only allow the gap to grow wide enough so that if you tried to buy and sell from a different exchange the fees would eat away at the profit.

*** Its going to be a little tough to read through some of the random chatter, here's the FTC forum thread discussing when their happened.  Its amazing some of the chatter is the same as on here.

https://forum.feathercoin.com/index.php?/topic/6276-feathercoin-on-the-rise/page-2
You are right about hedging. It's old trading method and altcoins are good target because of low volume.
Don't sell when price is low.
hero member
Activity: 600
Merit: 500
What hashrate should a cpu achieve? Tested with Intel Pentium G3220 -> 1 kh/s. Tomorrow i will test with Intel Core i7 980X. Are there any settings i should set? Thank you Smiley
hero member
Activity: 672
Merit: 500
It is nice to see this coin in the move again. But the problem is a lot of people try to keep this price as low as possible for profit. It is easy to see how much profits were made:
- Bought at 1 sat, sell at 2 or 3 sats (200-300% profit).
- Bought at 2 sat, sell at 3 or 4 sats (150-200% profit).
- Bought at 3 sat, sell at 4 or 5 sats (133-167% profit).

With this pattern it is easy to see why the 3 sats sell order wall was put back every time.

IMHO, for this coin to make a move to 10 sats range, it needs a lot of things to be happen like alcurex announcement or block rewards drop to 20k. Right now this coin is one of the most profitable coin to mine, and some big miners just dump at 2 or 3 sat because it is for them still the best option now.

Regards,

After watching the trades... There's a small whale sitting on the buys and sells... selling @3, with a buy @2.  As more people buy in, he may allow the price to swing up when he can still keep it in his control.  After that, the cards fall.  If the mining can pick up more though, it will change.  This is looking exactly like the buy/sell wall that FTC had i previously ranted on.  Anyone want to bet 1 MRC on the results?

That is simply not possible due to the size of the walls. Orders are filled I the order they are received. If there are 10 BTC of buy orders at 2 and you place an order to buy at two.... You are last to fill.

Your theory doesn't work. If it did it would be very easy to game the system.


I agree with what you are saying exactly, but not the result.  

As a whale, I put in a sell order of 10BTC worth at 3, and a buy at 2 worth 10BTC.  As people buy and sell, i make my profit.  Now add in others...  Total there's 11 BTC Selling at 3, and 11 buying at 2.  If its the same person who put in the 1 BTC, over time they will join in the game too.  If the 1 BTC on each is comprised of many different people, could argue i'm the only one winning.  I agree, its first come first served, but if you are the bulk of the volume of standing orders, it becomes moot.  in that example, 92% of the volume is passing through my hands, and I profit.  When you sell yours at 2, i'm turning around and selling it for 3.  Now the price could go up as people see the volume, and the price goes up, but as long as the volume doesn't kick up enough, the whale is able to create profit.  By the price being so low, from 2 to 3, thats super easy to do.  No one can come in at 2.1, or 2.9 and start to mess with the plan.  If the price does get higher, and the gap wider... the whale will only allow the gap to grow wide enough so that if you tried to buy and sell from a different exchange the fees would eat away at the profit.

*** Its going to be a little tough to read through some of the random chatter, here's the FTC forum thread discussing when their happened.  Its amazing some of the chatter is the same as on here.

https://forum.feathercoin.com/index.php?/topic/6276-feathercoin-on-the-rise/page-2
legendary
Activity: 1022
Merit: 1010
It is nice to see this coin in the move again. But the problem is a lot of people try to keep this price as low as possible for profit. It is easy to see how much profits were made:
- Bought at 1 sat, sell at 2 or 3 sats (200-300% profit).
- Bought at 2 sat, sell at 3 or 4 sats (150-200% profit).
- Bought at 3 sat, sell at 4 or 5 sats (133-167% profit).

With this pattern it is easy to see why the 3 sats sell order wall was put back every time.

IMHO, for this coin to make a move to 10 sats range, it needs a lot of things to be happen like alcurex announcement or block rewards drop to 20k. Right now this coin is one of the most profitable coin to mine, and some big miners just dump at 2 or 3 sat because it is for them still the best option now.

Regards,

After watching the trades... There's a small whale sitting on the buys and sells... selling @3, with a buy @2.  As more people buy in, he may allow the price to swing up when he can still keep it in his control.  After that, the cards fall.  If the mining can pick up more though, it will change.  This is looking exactly like the buy/sell wall that FTC had i previously ranted on.  Anyone want to bet 1 MRC on the results?

That is simply not possible due to the size of the walls. Orders are filled I the order they are received. If there are 10 BTC of buy orders at 2 and you place an order to buy at two.... You are last to fill.

Your theory doesn't work. If it did it would be very easy to game the system.
legendary
Activity: 1022
Merit: 1010
Back from office visit.

Guys, this rally isn't done. Just keep watching. Buy where you feel comfortable.

It's stabilizing right now but could break out any time. I know you all want to see that happen.

We are holding our coins. This coin has no where to go but up.  Please spread the word!

More to follow soon... Long trading day, time for a nap. Be back on tonight!

Strato
hero member
Activity: 672
Merit: 500
It is nice to see this coin in the move again. But the problem is a lot of people try to keep this price as low as possible for profit. It is easy to see how much profits were made:
- Bought at 1 sat, sell at 2 or 3 sats (200-300% profit).
- Bought at 2 sat, sell at 3 or 4 sats (150-200% profit).
- Bought at 3 sat, sell at 4 or 5 sats (133-167% profit).

With this pattern it is easy to see why the 3 sats sell order wall was put back every time.

IMHO, for this coin to make a move to 10 sats range, it needs a lot of things to be happen like alcurex announcement or block rewards drop to 20k. Right now this coin is one of the most profitable coin to mine, and some big miners just dump at 2 or 3 sat because it is for them still the best option now.

Regards,

After watching the trades... There's a small whale sitting on the buys and sells... selling @3, with a buy @2.  As more people buy in, he may allow the price to swing up when he can still keep it in his control.  After that, the cards fall.  If the mining can pick up more though, it will change.  This is looking exactly like the buy/sell wall that FTC had i previously ranted on.  Anyone want to bet 1 MRC on the results?
hero member
Activity: 672
Merit: 500
There needs to be more mining support in my opinion. Not only in miners, but miners helping potential miners.  There's topics on how to optimize vertcoin mining, why not make an MRC version and encourage more mining.
yep it will be nice. i quit mining it because of some strange stuff of having 4khashes with 270 Huh But i have been mining for more than 2 months and i am still with this coin completely. and i don't even place sell orders, don't want to increase walls

https://bitcointalksearch.org/topic/m.6209985

The above configs for popular R9 2XX and 79XX cards are all working with this current N-factor. I am not famillair with reddit and their formatting stuff, so any volunteer take this task? Our reddit channel is here: http://www.reddit.com/r/microcoin/, in case you dont know yet.
the settings worked with a half of my vidoecards. gigabyte ones r9 work perfectly but giga 79/78xx and msi R9s are just doind something wierd.
there is no problem for me, i've mined enough already Smiley poor 35 mhashes on pools right now, they didn't know the coin was going huge  Cool

so do i create a bat file? a conf file?  the read me in YAcminer is terrible... i want elementary instructions that are litteral not begging with "once you've got it running, change file to these configs"

C'mon man...use your brain.


Ahhh thank you.

The point of the post is that instructions are written at too high of a  level, for someone who knows what they are doing its really no issue.  Instructions should be written so that a total noob can do it, that is if you want to be successful.
legendary
Activity: 1596
Merit: 1006
sr. member
Activity: 248
Merit: 250
There needs to be more mining support in my opinion. Not only in miners, but miners helping potential miners.  There's topics on how to optimize vertcoin mining, why not make an MRC version and encourage more mining.
yep it will be nice. i quit mining it because of some strange stuff of having 4khashes with 270 Huh But i have been mining for more than 2 months and i am still with this coin completely. and i don't even place sell orders, don't want to increase walls

https://bitcointalksearch.org/topic/m.6209985

The above configs for popular R9 2XX and 79XX cards are all working with this current N-factor. I am not famillair with reddit and their formatting stuff, so any volunteer take this task? Our reddit channel is here: http://www.reddit.com/r/microcoin/, in case you dont know yet.

I can do that tomorow morning. Just remind me Smiley
sr. member
Activity: 294
Merit: 250
im sorry but i mentioned earlier that the sell walls were just to big... you can't just base your trading on what you think might happen if volume increases, what if the guy selling at 3 wants to get rid of them all or is just OFFLINE.

you can't pump a coin with such big sell walls, unless you have 100 +BTC lying around....

20btc is'nt so big. For a big investor to get an early position on the cheap, 20btc at 3 sat is perfect. MCR is resistant to the new 1-3gh scrypt miners that are soon coming out.

I see MCR going to 4mil market cap if development and support is contineus. It could go over 1mil just because its resistent .
Pages:
Jump to: