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Topic: [ANN] Ravencoin [RVN] PoW GPU Mining | Asset Transfer Blockchain (Updated ANN) - page 65. (Read 1170613 times)

legendary
Activity: 1162
Merit: 1005
Ravencoin has still been corrected after its exponential growth weeks ago.
No one knows when the current corrective wave will finish, but I guess that RVN has probably corrected enough.

Even this is hard to know where is the bottom for current wave but now it moving very slowly so that I also think this will be above 500 satoshi. There is still big support when this will be done than we will see this again in green zone.

yeah support is building somewhere in this area. but a lot of ppl who bought bottom can still take profits.
newbie
Activity: 48
Merit: 0
 
Raven coin need more media news to pump again.
[/quote]


 Grin ..or..some screamers that pump enthusiazum with.. Lambooo... or,   RVN will hit the Moon... or ..Christmas time.. weeks of wonder muhahaha...  Grin


pump and dump till RVN became same shit coin as Zcash and Monero... death coins, even mighty BTC stuck in shit...




full member
Activity: 602
Merit: 114
Hello, why is the price of RAVEN coins still decreasing slowly? Anyone have ideas why its happening right now, I thought this coin will increase slowly from time to time, I am just bit of worried because I invested little and now lose more than the half of my investment from exchange site.

Raven coin has turned into a pump dump coin. It pumps with a schedule event and dump after that event.
Like wiht whitepaper newst it pumped to 1K sat. then dropped 200 sat. And with the asset creation date event last month again it hit to 1K sat. and dropped half now.
I think they thought that everyone will jump and create so many useless assets and this will decrease the coin inflation but only 10K assets have created and by the end of 2018 max 30K assets.
Raven coin need more media news to pump again.
legendary
Activity: 1526
Merit: 1012
Ravencoin has still been corrected after its exponential growth weeks ago.
No one knows when the current corrective wave will finish, but I guess that RVN has probably corrected enough.

Even this is hard to know where is the bottom for current wave but now it moving very slowly so that I also think this will be above 500 satoshi. There is still big support when this will be done than we will see this again in green zone.
newbie
Activity: 53
Merit: 0
Yes it's market to be.. So 480 still my buy order last month.. Not to rush.. At least I'm not rekt
member
Activity: 359
Merit: 13
coinBusiness / Gapur Ozdoev
Hello, why is the price of RAVEN coins still decreasing slowly? Anyone have ideas why its happening right now, I thought this coin will increase slowly from time to time, I am just bit of worried because I invested little and now lose more than the half of my investment from exchange site.
       Just look at the price chart. You will see that every time the price goes up, the price goes down. This is a normal market cycle.
sr. member
Activity: 1162
Merit: 268
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Hello, why is the price of RAVEN coins still decreasing slowly? Anyone have ideas why its happening right now, I thought this coin will increase slowly from time to time, I am just bit of worried because I invested little and now lose more than the half of my investment from exchange site.
full member
Activity: 382
Merit: 100
There is strong reason behind this token creation fee of 500 RVN. If someone takes it wrongly that is his problem. Basically what I understood from it, is everyone to have fair and cheaper possibility of creation of tokens of any kind. This fee has nothing with decrease in price of RVN coin. Try to look beyond the moment to understand the implications and possibilities of this asset layer protocol.

yeah as if we don t have shitcoins enough already hey lets create some more and make it very easy and when people start complaining

about all the created shitcoins we just say dyor not taking any responsibility at all i can see where its going

don t want to fud just my 2 cents about it

but as long as the sugardaddy s are backing this con the developers could fart all day and everyone will still yell oh it smells like roses

inhere lol imo ofcourse

would like to see some Original idea s instead of just copying whats already there
member
Activity: 104
Merit: 44
Whats going on with mining,fgpas took over rvn?
What are your indications that FPGAs are everywhere? Any proofs?
sr. member
Activity: 728
Merit: 250
There is strong reason behind this token creation fee of 500 RVN. If someone takes it wrongly that is his problem. Basically what I understood from it, is everyone to have fair and cheaper possibility of creation of tokens of any kind. This fee has nothing with decrease in price of RVN coin. Try to look beyond the moment to understand the implications and possibilities of this asset layer protocol.
member
Activity: 224
Merit: 18
Whats going on with mining,fgpas took over rvn?
full member
Activity: 602
Merit: 114
wrong strategy and price decreasing
asset creation value should min 5000 RVN coins
500 coin is like a fucking joke.

everyday miners are producing 7 million coins and now only 10 million has burned
min asset creation value should be at least 5000 coins to prevent this coin inflation !
full member
Activity: 382
Merit: 100
ok ty for your answer it is as i feared but lately i check to see if it is a token or a coin before trading anyway when i first started trading last

year i got burned a few times on tokens as most of these don t require any knowledge to create they often don t pull thru and just vanish

leaving the buyers with bags of useless tokens
sr. member
Activity: 826
Merit: 250
You have point but it depends on the user how that uses technology for good purposes or bad. Ravencoin provide a platform with endorsing any asset created on it and has zero control over it. I do agree lot of spam tokens will be created but they will disappear automatically. Your concern is right over creation of tokens. Token creation fees could be big to decrease the spam tokens or when RVN will gain value this amount of coin will not encourage of people to pay to create useless tokens.
full member
Activity: 382
Merit: 100
so there would be a next wave of useless tokens like what happend on waves or am i not understanding this correctly

that assetlayer is just a fancy word for tokencreation that doesn t require any knowledge just exchange some raven and whoop there it is
newbie
Activity: 80
Merit: 0
More than 5 million RVN burned and counting...

https://ravencoin.network/address/RXissueAssetXXXXXXXXXXXXXXXXXhhZGt

I have two questions :
Somebody can you explain me why they burn coin ?
Howmany coin supply are created by day ?
Thanks in  advance

There is 500 RVN fee to create asset on the top of the network and all collected coins are being burned to reduce the circulating supply.
5000 RVN is block reward with interval of 1 minute so you calculate how coins are being mined in a day.

5000 coins by minute ?
legendary
Activity: 1526
Merit: 1003
More than 5 million RVN burned and counting...

https://ravencoin.network/address/RXissueAssetXXXXXXXXXXXXXXXXXhhZGt

I have two questions :
Somebody can you explain me why they burn coin ?
Howmany coin supply are created by day ?
Thanks in  advance

There is 500 RVN fee to create asset on the top of the network and all collected coins are being burned to reduce the circulating supply.
5000 RVN is block reward with interval of 1 minute so you calculate how coins are being mined in a day.
newbie
Activity: 80
Merit: 0
More than 5 million RVN burned and counting...

https://ravencoin.network/address/RXissueAssetXXXXXXXXXXXXXXXXXhhZGt

I have two questions :
Somebody can you explain me why they burn coin ?
Howmany coin supply are created by day ?
Thanks in  advance
member
Activity: 359
Merit: 13
coinBusiness / Gapur Ozdoev
I am waiting for RVN to drop to 400 sats.So that I can one truckload of it.Does that sound discreet,folks?

Not happening, with the overbought up to 1,200 satoshi and average stable at 800 satoshi.......400 can never happen again.
            You are not long in crypto, if you make such statements. The price of RVN can probably fall to 200 sat. In this market there can be everything that you don’t even suspect.
donator
Activity: 4760
Merit: 4323
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