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Topic: [ANN] $XQN Quotient Financial Network | PoW Scrypt, PoS Blake-256 | UPDATE NOW - page 20. (Read 194445 times)

hero member
Activity: 686
Merit: 500
Fall seven times, stand up eight.
Hey why not make a signature for xqn?
full member
Activity: 179
Merit: 100
Hi,

there is some confusion as to what happened with this tick so I'll explain.  The BTC volume in the tick is an approximation that takes the average of the opening and closing price of the tick and multiplies it by the amount of XQN that was sold  The XQN volume of the tick is accurate but because of the wild price change of the tick, the BTC volume was horribly skewed. 

50,533.33 XQN were sold in that tick and the avg price was (1 + .00009999)/2 ~= 0.5 BTC.  If you multiply that together, you see why the chart thinks the BTC was 25000 BTC volume in that tick.

Sorry for the confusion.  We'll be fixing this in a future update to the site.
Bill



The 25k btc volume must be an error then. What those guys did, if true, is almost too stupid to believe. Were they on a massive coke binge?

Who is more stupid, the guy who spent 25 btc to get 50k coins or the guy who sold me 60k coins for 2-3 bitcoins a week ago?

25k btc is like 6 million bucks? i doubt that someone puts such amount of money on an exchange Wink
Me neither, that's why I assumed it to be Bittrex btc. I don't understand why the listed volume is so far off of what actually occurred, it had me very confused.

About the stupid comment I wish I hadn't said that, as I made some good profit from the spike - let me change it to thanks to whoever did it and hope you don't take too much of a hit.
25k BTC isn't big deal  for team if they like to double or triple they investment. Lets say if somebody have  60 or 70 mill budget to invest money for 50 or 60 % in few weeks .As far I remember
most people call as ( early bitcoin miners) that we're stupid .But after while those stupid guys turn to be an millionaires and for sure today  nobody call them stupid.Conclusion IMO that wasn't a single guy but group of smart guys and probably we will have answer very soon .Because BTC price will skyrocket after first quarter of fiscal year  and we all know that first quarter of fiscal year is ended at March 10 . 4 -pm
Lets see.. Who is right.   Grin
sr. member
Activity: 308
Merit: 250
Millionaires Club 47

The 25k btc volume must be an error then. What those guys did, if true, is almost too stupid to believe. Were they on a massive coke binge?

Who is more stupid, the guy who spent 25 btc to get 50k coins or the guy who sold me 60k coins for 2-3 bitcoins a week ago?

25k btc is like 6 million bucks? i doubt that someone puts such amount of money on an exchange Wink
Me neither, that's why I assumed it to be Bittrex btc. I don't understand why the listed volume is so far off of what actually occurred, it had me very confused.

About the stupid comment I wish I hadn't said that, as I made some good profit from the spike - let me change it to thanks to whoever did it and hope you don't take too much of a hit.
25k BTC isn't big deal  for team if they like to double or triple they investment. Lets say if somebody have  60 or 70 mill budget to invest money for 50 or 60 % in few weeks .As far I remember
most people call as ( early bitcoin miners) that we're stupid .But after while those stupid guys turn to be an millionaires and for sure today  nobody call them stupid.Conclusion IMO that wasn't a single guy but group of smart guys and probably we will have answer very soon .Because BTC price will skyrocket after first quarter of fiscal year  and we all know that first quarter of fiscal year is ended at March 10 . 4 -pm
Lets see.. Who is right.   Grin
legendary
Activity: 1414
Merit: 1000

The 25k btc volume must be an error then. What those guys did, if true, is almost too stupid to believe. Were they on a massive coke binge?

Who is more stupid, the guy who spent 25 btc to get 50k coins or the guy who sold me 60k coins for 2-3 bitcoins a week ago?

25k btc is like 6 million bucks? i doubt that someone puts such amount of money on an exchange Wink
Me neither, that's why I assumed it to be Bittrex btc. I don't understand why the listed volume is so far off of what actually occurred, it had me very confused.

About the stupid comment I wish I hadn't said that, as I made some good profit from the spike - let me change it to thanks to whoever did it and hope you don't take too much of a hit.
legendary
Activity: 1232
Merit: 1000

The 25k btc volume must be an error then. What those guys did, if true, is almost too stupid to believe. Were they on a massive coke binge?

Who is more stupid, the guy who spent 25 btc to get 50k coins or the guy who sold me 60k coins for 2-3 bitcoins a week ago?

25k btc is like 6 million bucks? i doubt that someone puts such amount of money on an exchange Wink
legendary
Activity: 1246
Merit: 1000

The 25k btc volume must be an error then. What those guys did, if true, is almost too stupid to believe. Were they on a massive coke binge?

Who is more stupid, the guy who spent 25 btc to get 50k coins or the guy who sold me 60k coins for 2-3 bitcoins a week ago?
legendary
Activity: 1154
Merit: 1001
what does min coin age 16 hours mean?

It means that 16 hours after your coins landed on your wallet, they are eligible to stake. Once they have staked, and another 16 hours have elapsed, they are eligible to stake again. And so on, and so forth...  Wink
Note: most times it takes longer to stake them, perhaps 24 to 36 hours would be the average for ~600 to ~1200 sized blocks (or, ahem, UTXOs). Luck plays a big part in how quick you earn each stake.

Happy Staking!
legendary
Activity: 1414
Merit: 1000
The only thing that makes sense is either the spike data is inaccurate or this is another exchange heist, maybe someone figured out how to use Bittrex's btc wallet to buy these coins and somehow figured out how to hide it from Bittrex which would explain the volume being absent from the last 24 hour volume info?
Trying not to sound like a conspiracy nut, but this spike makes absolutely no sense.

any time theres been a heist, scam, or log-in takeover we have heard about it within 30 minutes. its been close to a day... If you weren't in IRC when this guy was explaining why he bought the book, or dont believe solid bought the last 1 btc for sale for shitsngiggles your tinfoil hat is probably to large to even receive this message, let alone process it.
The 25k btc volume must be an error then. What those guys did, if true, is almost too stupid to believe. Were they on a massive coke binge?
sr. member
Activity: 308
Merit: 250
Specifications
1,618,033 coins (proof-of-work)
1,618% PoS interest rate
618 coin cap on stake reward
61 second block spacing
161 blocks to maturity
Min Coin Age 16 hours
1% Premine (16,180 coins) - so the developers are well fed

what does min coin age 16 hours mean?
legendary
Activity: 1246
Merit: 1000
200k wallet off of rex, getting rarer now~!
legendary
Activity: 1148
Merit: 1000
WTB QUOTIENT @ 4000 SAT - 0.75 BTC
legendary
Activity: 1610
Merit: 1008
Forget-about-it
The only thing that makes sense is either the spike data is inaccurate or this is another exchange heist, maybe someone figured out how to use Bittrex's btc wallet to buy these coins and somehow figured out how to hide it from Bittrex which would explain the volume being absent from the last 24 hour volume info?
Trying not to sound like a conspiracy nut, but this spike makes absolutely no sense.

any time theres been a heist, scam, or log-in takeover we have heard about it within 30 minutes. its been close to a day... If you weren't in IRC when this guy was explaining why he bought the book, or dont believe solid bought the last 1 btc for sale for shitsngiggles your tinfoil hat is probably to large to even receive this message, let alone process it.
legendary
Activity: 1246
Merit: 1000
The only thing that makes sense is either the spike data is inaccurate or this is another exchange heist, maybe someone figured out how to use Bittrex's btc wallet to buy these coins and somehow figured out how to hide it from Bittrex which would explain the volume being absent from the last 24 hour volume info?
Trying not to sound like a conspiracy nut, but this spike makes absolutely no sense.

I'll say it again, I didn't buy up the order book, someone else did who wanted alot of coins. I did see though after he did it was only 1 btc left on the sell book to buy it up 1 btc price, so I went and did it for the lulz mostly, and it was good advertising for XQN. I may be out 200 bucks but hey I know i'll make it up easily with where this coin is going.
legendary
Activity: 1414
Merit: 1000
The only thing that makes sense is either the spike data is inaccurate or this is another exchange heist, maybe someone figured out how to use Bittrex's btc wallet to buy these coins and somehow figured out how to hide it from Bittrex which would explain the volume being absent from the last 24 hour volume info?
Trying not to sound like a conspiracy nut, but this spike makes absolutely no sense.
hero member
Activity: 492
Merit: 500
Ok, I looked at the spike more closely, at first I thought it was 25 btc volume but it shows 25,000 btc volume! why isn't it showing in the 24 hr volume? how is this possible, is this a reporting error? wtf happened, anyone?
I had noticed it too and it is my question too.
legendary
Activity: 1414
Merit: 1000
Ok, I looked at the spike more closely, at first I thought it was 25 btc volume but it shows 25,000 btc volume! why isn't it showing in the 24 hr volume? how is this possible, is this a reporting error? wtf happened, anyone?
legendary
Activity: 1232
Merit: 1000
It's impossible to believe that someone bought it up to 1 btc on purpose. That spike had to be a huge fat finger mistake, the buyer probably is either getting very drunk right now or worse.

Now there are tons of treasure seekers hoping for him to do it again Wink
legendary
Activity: 1414
Merit: 1000
It's impossible to believe that someone bought it up to 1 btc on purpose. That spike had to be a huge fat finger mistake, the buyer probably is either getting very drunk right now or worse.
hero member
Activity: 492
Merit: 500
Dear Sir/Madam:

May yo please pump it to 1 btc once again?  Grin

Best regards,
Politzer
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