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Topic: [ANN] PoolStamp - XSP || CLOUD MINING MULTIPOOL - PoW/PoS x13 LAUNCH - page 8. (Read 63593 times)

full member
Activity: 234
Merit: 100
Once again picking and choosing what you want to answer very strange behavior care to explain dev.
member
Activity: 70
Merit: 10

PN7YXaTL2FxhqAojKFnJ6hh6xCzxFh1uHE is Bittrex's wallet.
08-Jan Bittrex had only 0.7m coins. But now Bittrex has double. Many investor leave this coin.

And Bittrex still has 1.6m coins. It means coin's price will be down.


PN7YXaTL2FxhqAojKFnJ6hh6xCzxFh1uHE is a Bittrex wallet indeed.

BUT:
That does not mean BITTREX own those coins !

That means they store OUR coins in a common (probably cold) wallet.
So if You have XSP on your Bittrex account, those coins are stored in the same wallet.
I also own some, and many other users too, so ALL of OUR coins are stored in this wallet: PN7YXaTL2FxhqAojKFnJ6hh6xCzxFh1uHE

Try it.
Buy some on the market, then refresh this list. Youll see the amount in this wallet raising with the amount You have just bought...
or
Withdraw your coins from Bittrex, so the amount of this wallet will be decreased by the amount You have just withdrew.


That's correct. Exchanges wallet works exactly as he explained. There is only a main wallet that contains different addresses for all the users of a currency. So that every user can deposit in its own account , obviously. If you want to know how coins are then distributed internally to Bittrex you need to use their beta version: here internal wallet balances are shown by exchange's addresses differentiation.

full member
Activity: 134
Merit: 100
No response? Mmmm.
full member
Activity: 234
Merit: 100
Whenever price increases   big sells happen people will  get out of coin to leave with some kind of profit. I think this is why price doesnt move much.
full member
Activity: 234
Merit: 100

PN7YXaTL2FxhqAojKFnJ6hh6xCzxFh1uHE is Bittrex's wallet.
08-Jan Bittrex had only 0.7m coins. But now Bittrex has double. Many investor leave this coin.

And Bittrex still has 1.6m coins. It means coin's price will be down.


PN7YXaTL2FxhqAojKFnJ6hh6xCzxFh1uHE is a Bittrex wallet indeed.

BUT:
That does not mean BITTREX own those coins !

I dont think he meant bittrex owns the coins. What i think hes trying to say is noone is comfortable taking coins off exchange. They fear of price drop. People will sell just to go away with the minimal  loss instead of getting nothing for coins. Dev needs to make investors feel more comfortable maybe with more frequent  updates and answering questions that are asked.
sr. member
Activity: 448
Merit: 250

PN7YXaTL2FxhqAojKFnJ6hh6xCzxFh1uHE is Bittrex's wallet.
08-Jan Bittrex had only 0.7m coins. But now Bittrex has double. Many investor leave this coin.

And Bittrex still has 1.6m coins. It means coin's price will be down.


PN7YXaTL2FxhqAojKFnJ6hh6xCzxFh1uHE is a Bittrex wallet indeed.

BUT:
That does not mean BITTREX own those coins !

That means they store OUR coins in a common (probably cold) wallet.
So if You have XSP on your Bittrex account, those coins are stored in the same wallet.
I also own some, and many other users too, so ALL of OUR coins are stored in this wallet: PN7YXaTL2FxhqAojKFnJ6hh6xCzxFh1uHE

Try it.
Buy some on the market, then refresh this list. Youll see the amount in this wallet raising with the amount You have just bought...
or
Withdraw your coins from Bittrex, so the amount of this wallet will be decreased by the amount You have just withdrew.
hero member
Activity: 1540
Merit: 500
I like this sentence

'Be greedy when other are fearful'

I want to be greedy. but Now I feel fear.

Trading with emotional drive is the worst thing you can ever do.

so much truth'

 Grin
legendary
Activity: 1526
Merit: 1001
hey dev   Smiley
this is 1st payout      01/14/2015 04:10:48 AM   XSP   4.00000000

when 2nd payout ?

thx
member
Activity: 70
Merit: 10
I like this sentence

'Be greedy when other are fearful'

I want to be greedy. but Now I feel fear.

Trading with emotional drive is the worst thing you can ever do.
member
Activity: 98
Merit: 10
I like this sentence

'Be greedy when other are fearful'

I want to be greedy. but Now I feel fear.
legendary
Activity: 927
Merit: 1000





PN7YXaTL2FxhqAojKFnJ6hh6xCzxFh1uHE is Bittrex's wallet.

08-Jan Bittrex had only 0.7m coins. But now Bittrex has double. Many investor leave this coin.

And Bittrex still has 1.6m coins. It means coin's price will down.

I have 0.23m coins. and I really serious considering sell.

because of the ICO price. It's normal to see this with a low initial investment. It does probably mean we could see even lower but once people start buying (because of low price and development) it will be more evenly distributed and could then increase in value.
member
Activity: 98
Merit: 10





PN7YXaTL2FxhqAojKFnJ6hh6xCzxFh1uHE is Bittrex's wallet.

08-Jan Bittrex had only 0.7m coins. But now Bittrex has double. Many investor leave this coin.

And Bittrex still has 1.6m coins. It means coin's price will be down.

I have 0.23m coins. and I really serious considering sell.
full member
Activity: 134
Merit: 100
Hello poolstamp.  Wondering what's next for development.  I am going to put some btc into this but was wondering about some future plans before I pull the trigger.  I own 77000 now but want to increase substantially.  Your doing a great job Dev.  Was wondering if you could tell us a bit of your programming/coding experience.  This info reay helps for larger investors.  Cheers!
sr. member
Activity: 518
Merit: 250
hehe no problem, and thanks for the reply. glad to hear you are dedicated to your project Smiley
member
Activity: 70
Merit: 10
sorry but im not spreading fud here, this was the first time i mentioned anything about the ico price!

The total amount of coins is only 4 millions, so yes i also think current price is low. But when you like at the ico price, its already up x10. I was just saying that a lot of the early buyers might be tempted to sell at prices around 1000/1500 sat...

im not saying anything negative about poolstamp itself! im an investor who bought in at 1000sat so its not in my interest to fud..

Good then Wink

We are really committed to this project and we won't let anyone say bad things about us and XSP community. That's why we replied so heavy Smiley

Thanks for your support then and keep sticky with us, many dev news are coming next! Cool
sr. member
Activity: 518
Merit: 250
sorry but im not spreading fud here, this was the first time i mentioned anything about the ico price!

The total amount of coins is only 4 millions, so yes i also think current price is low. But when you like at the ico price, its already up x10. I was just saying that a lot of the early buyers might be tempted to sell at prices around 1000/1500 sat...

im not saying anything negative about poolstamp itself! im an investor who bought in at 1000sat so its not in my interest to fud..
member
Activity: 70
Merit: 10
i think the problem is that the ico was 99 sat...new investors wont buy because of this

After all the dumps we had on Bittrex, it's strongly possible that all the coins have been distributed to non ICO investors for cheaper and more expensive prices in different rows.

Saying what you say simply doesn't make any sense.

We provided a smooth launch, correct and trustful escrowed ICO, exchanges acceptance, multipool with a new and innovative concept of it, we are bringing our users entertainment and we have a lot more to release in next times. IF many of you did not invested in ICO, just your fault. You should have done it when possible, not spread FUD about the 99sats ICO all over your posts.
sr. member
Activity: 518
Merit: 250
i think the problem is that the ico was 99 sat...new investors wont buy because of this
full member
Activity: 224
Merit: 100
This coin is massively undervalued. The multipool will drive up demand so in order to take advantage of the situation you have to buy the dip, which is now, the formation of a new bubble. The volume is there and this coin has shown plenty of action on exchanges.
legendary
Activity: 927
Merit: 1000
dev, I had a couple questions.. I'd like to change my payout addy in my account to my qt wallet addy and not an exchange address. My account still says 'no payout' and as it is set to my bittrex addy I cannot see deposits. At least with it set to my qt wallet address I have a better chance at pin pointing what my payout has been for the cloud mining I purchased. How can I change this? Second question, can you update the ANN with the suggestions I made? Cheers
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