Topic: [ANN] [TIX] Tickets | TIX/CNY Market on Bter | First on Cryptsy XPM Market - page 23. (Read 114752 times)

It's a double edge sword of sorts....Either it will attract people to trade more and pump the value...Or make the coin stale on the markets with no interest to trade higher, or worse, lower.....All we can do is wait and see approach, once the gpu efficiency drop one or two more times from now......I'm just sitting on 140 mil of TIX that I mined with 2x HD 5870's.....CPR is an example that the market for it is stale now since the gpu efficiency is so low now that barely trading is occurring.....TIX other half to succeed is the support side and specialized services....

You can trade it for LTC and BTC on Bter. It's the only coin on all 3 markets. You don't think the price will rise when GPU mining gets even worse?

I stopped mining today because I estimated it would drop today or tomorrow. Plus the initial value is weak on it when it hit the markets and looks to drop more in the following days. I'm just going to hold on to the TIX I have and wait a month or two to see if it's worth keeping it.


Maybe or maybe not. But as of now and the near future, no upside. Would have been better on the LTC market or even the FTC market.

Don't you think there may be upside because of starting off lower by trading with XPM to start?

It appears that GPU efficiency has just dropped again.

BigVern has a large personal XPM wallet,  so he tries to pump XPM by creating a market for it.  The only logical explanation.

All this equal to capitalism....


You would think that the next coin to get it's own market would be FTC after BTC and LTC....Some kind of profit logic is behind it for making XPM a market....

xpm does not deserve to have it's own market right now, maybe later. A sinking coin like that can not have a market since many people do NOT hold this coin. BTC/LTC are the big coins that people hold. Why the hell should we have to jump through hoops like this to get some new coins - totally annoying. For now i am using Bter for it anyway, but annoyed since now have to pull my loaded ltc back out of cryptsy.  Cryptsy makes very strange decisions....how the hell does a coin like orbit even get on any exchange it's hash is like 5mhs and that's the devs hash, it has never gone much above that and never will since people were rightly disgusted with the premine size.

Might be another angle as well. I guess just be happy they even listed it for now -- if it gets volume, I'm sure they'll listen. Obviously they didn't do it this way to win any popularity contests.

With that, double fees with double exchanges....

the angle is you will have to do 2x exchange to get your money in or out of TIX. A lot of hassle too, you are forced into buying xpm with your LTC at a price you don't really want for a start. I want to buy direct with LTC.

I'm sure there's an angle. Cryptsy isn't a charity (nor should they be) -- they have to pay the bills and still turn a profit on top of it to keep things running. I'm just assuming there is a method to their "madness."

If Cryptsy reason is to use a coin with less market value then LTC, then why not at least FTC. FTC would at least cover the value and supply then XPM. Sounds like XPM is just being pumped to increase value, but that is just my assumption.

There are simply too many coins out there and they are all devaluing each other to varying degrees. With TIX, you guys were taking a chance -- nobody guaranteed you'd be raking in cash as soon as it hit Cryptsy. It used to be everybody was buying up the latest coin to hit the exchange...but after being burned over and over and learning how this market works, you aren't going to make the quick buck off a new pump and dump coin like you could even 2 months ago. Difficulty shoots up with these new coins because everybody thinks they'll be rich by getting in early -- doesn't work that way anymore.

If you're mining anything besides BTC, LTC, XPM, MEC, CGB, FTC, or NVC...you're taking on a lot more risk...and you will likely lose money. Even those coins aren't necessarily a guarantee...but they represent stable coins that are likely here to stay for a while. At no point over the past 3 months was it not profitable to mine any of those coins. Mining anything else is clearly an attempted cash grab...because you're mining something with no services (to speak of), no real community support/etc -- everybody that was mining TIX was mining it trying to make a quick buck when it hit the exchanges. If you aren't in it for the long-haul...you might not even profit in the short-term. The people that "liked" TIX only liked it because they thought it was going to make them rich overnight.

People just need to think before they mine. I was green once too -- I was throwing 16 Mh into Elephantcoin when it first came out thinking it would be the next big thing...and by the time I realized it was a pump and dump coin that hired a bunch of randoms to promote it and campaign to get it on Cryptsy...I'd already wasted almost 2 weeks of mining (16 Mh/s for 2 weeks costs me about $500 in power.) I got out as soon as I knew what I was dealing with and switched to MEC. I missed the initial Elephantcoin pump and dump when it finally hit Cryptsy...and in the end sold all of my Elephantcoins for about $200 worth of LTC. If I had been mining something stable like LTC instead during that same time period, I would currently be at a net gain of about $1000 over those 2 weeks vs -$300 for mining Elephantcoin (a $1300 swing.) If I had been mining Megacoin during that period, I would have been up about $5000 based on current market value over those 2 weeks.

Basically...mining coins that aren't yet on a major exchange and have nothing special to offer outside of being "new" is a risk. Odds are, you will lose in the end. Every new coin isn't the next big thing anymore. If you want the closest we have to a sure thing, stick with BTC, LTC, XPM, MEC, CGB, FTC, and NVC.

There was a time when the people that have been mining TIX would have been considered optimistic...but now "naive" is the correct term.

I'm not worry about coin price now, small hashrate or limited TIX/XPM market.
I belive than if you dev still stand behind TIX and continue hard and good working, all other thinks will be solved.
I will continue mining and support your coin +++ and get good profits on later. Any way, all coins are so down and mining unprofitable so I gladly take this small risk and count on you.

Well done start, guys.
Give some time for TIX and you may get maybe best profit for your miners.

I kinda like the .00000001 Sells on Bter for BTC

Makes it feel like a $1 scratch off even though it's like fractions of a penny lol

dude, go to sleep tweeker!

Judging a coins performance on the first 20 something hours being traded is a good way to miss an opportunity

I agree. TIX should also be on LTC market at Cryptsy. There isn't enough XPM there to support all 3 of those coins