Topic: [ANN][CAGE] CAGECOIN REVIVAL: New difficulty algorithm, network moving again! - page 19. (Read 68786 times)

I understand. What I meant by hostile is in reference to the possibility to revive the coin after.

If those that have the biggest stake in a coin no longer have that stake then they would no longer be interested in the project itself which wouldn't be a positive effect in the long run.

I'll use you in an example, lets say that you buy $5,000 worth of HTML5coin and just hold it but the coin is slowly dying. It would be in your best interest financially to insure that your investment isn't wasted so you would try to do everything in your power to prevent this.

But, I come along and offer you a way out that you take without hesitation. That would mean the project has just lost part of its chances for success as you would no longer be interested in seeing the project succeed.

Overall it would effectively destroy support for the project person by person until only those who can't really afford to help the project along are left which would be the final death of the coin. This is why the coins you have done this to in the past revert back to the way they were. The support they did have is now gone.

Exactly.







Most holders are only waiting for a chance to get rid of the bag they're stuck holding.  They regret ever investing in altcoins, because these altcoins have no future.

I don't think we do hostile takeovers at all, because we pay people for their coins.  And we pay more than anyone else is willing to pay.  Best of all, if they don't want to sell or burn their coins, they can keep them and everything goes exactly like it was before.  If their coin is going to survive, nothing we do can stop it.  Even if we burn 99% of all the coins, the remaining coins work exactly the same as they worked before.  If PoW rewards are still coming in, we could burn 100% of the coin supply and miners could just keep selling every day.

So a good coin can only benefit from the reduction in supply.  But most of the coins we've burned go right back to being half-dead, even with the supply reduced so much that the price should skyrocket.  But it doesn't skyrocket, because there are too many coins and not enough buyers.

Some people just have hard times believing anything unless it pops out and slaps them. Don't worry about the naysayers.

Just from your last few posts here I can guess that the purpose of BARR is to remove coins from the market and narrow down the available options to trade coins. Not only would this consolidate what coins are traded for but it will also increase the value of all other coins at the same time by removing coins from the market. By using one currency to do it to another it would increase the worth of that coin as well.

However, I don't agree with this method as it is a hostile takeover with the purpose of killing coins in order to raise the worth of others.

Please correct me if I am wrong.

Are you giving a bounty for thread translation?
Cheers!

You're right, it could be some kind of scam to take credit for other people's buy orders.  Good thinking.

Anyway, there's a site called Coinmarketcap.com, and it says $48 volume today. 

http://coinmarketcap.com/currencies/cagecoin/#markets


And then they have other charts:

http://coinmarketcap.com/currencies/cagecoin/#charts


According to those charts, it looks like there has been good volume since the beginning of September.

And then, before September, it looks like CAGE had an average daily volume somewhere between $0.00 and $1.00 per day, for the past 2 years.

But Coinmarketcap doesn't have any screenshots of those trades, so take it for what it's worth.

Like I said, I'm interested in your concept, but I don't think it's unreasonable to be a little sceptical about it. There is no need to attack me - I simply asked for proof of your vague claims.

I'll pose this question to you: if everyone is busy dumping CAGE to burn it for BARR, why has there only been 31m CAGE/47k DOGE traded on bleu in the past 24 hours? That's less than $10 worth. That figure also includes both buys and sells.

I proved that it's my order.  Screencaps can be faked, but Bleutrade's orderbook can't be faked unless I'm in charge of Bleutrade.

So it's not complicated at all, for any reasonable person.  Everything I have said is easy for anyone to see and verify themselves.

Who else do you think is buying CAGE?  Some person who doesn't know about Bitcointalk, or BARR, but they somehow found Bleutrade and just decided to spend thousands of dollars on CAGE, coincidentally right at the same time that BARR announced a swap for CAGE?

Now, BARR is the only thing going on with CAGE right now.  You haven't posted here in over a month, and when you did show up all you've posted is 3 unnecessary demands for "proof" of what we're doing.  I've given you 3 good answers, so if you want to help Cagecoin then you are welcome to participate in and/or promote the BARR burn redemption process. 

Or, if you're doing something else for Cagecoin that we don't know about, then you could post some proof of it.  But if you were doing anything, we wouldn't need proof because it would already be obvious.  Just like BARR's effects on Cagecoin are already obvious to anyone who's seen Bleutrade, Cryptopia, Coinmarketcap, or the Cagecoin network.

I don't see why this needs to be so complicated, just post a screen cap of your trades showing that you have purchased CAGE...

Coinmarketcap says it's up 193%

down again?

OK go to bleutrade and see the buy order for 1 billion Cagecoin.

It will now change from .0015 DOGE to .00149 DOGE.

Also, go to a NXT block explorer and see that there is almost $5000 in buy orders for BARR.
So anybody who burns their CAGE and gets BARR will be able to sell it immediately for NXT.

https://mynxt.info/asset/7823929696462256005

Proof?

BARR has been going since last year, and we've already burned 10 different altcoins worth about $30,000.

There has been plenty of detailed discussion, and every kind question you might want answered, in our ANN:

https://bitcointalksearch.org/topic/ann-barr-the-only-cryptocurrency-where-no-ones-ever-lost-money-1219460






Just look at the top orders on all 4 markets.  Then watch the daily volume at Coinmarketcap, and when we burn the coins you might notice that the amount we burn accounts for most all the volume that was sold this month.

We didn't get any advance notice on CageCoin, because it's been less than 2 weeks since a user decided to vote for us to burn it, and we decided to go ahead and do it in September.  So we might've been able to accumulate more coins over a longer period of time.  But we're going to burn whatever we can buy, and right now it looks like there are less than 10 billion coins available with the rest either forgotten or lost or for whatever reason not on the market.

When we burned ACP Anarchists Prime, we caused the price to go up for that coin too.  I told the holders that it was because of BARR, but they got very hostile and said BARR didn't matter and that the price was up because of their hard work and great community.  And the dev and the holders kept dumping their coins on us, apparently thinking there was some sudden public demand for this altcoin.  So on day 1 of our burn period, when we burned 1 million coins out of the total supply of 2.4 million, they freaked out and said we tricked them. 

But we want holders to be aware of what's going on with their coin, so they'll know their options ahead of time.
This is a coin swap - everyone has a chance to swap their coins to a new blockchain if they burn their old coins.
And if they don't want to swap, they can keep their CageCoins. 
It's not unusual for devs to make sure everyone knows about an upcoming coin swap, so that's why every post is BARR BARR BARR.
And then after September 28, it will be over. 
But it's not like we're interrupting any other conversations that were going on in CageCoin's dead topics.

And in fact since BARR showed up CAGE price is up, volume is up, forum activity is up, and there's even an active mining pool now.
After BARR is done swapping CAGE, don't blame us if the price goes back down, volume goes back down, forum activity goes dead again, and everyone stops mining again.  We can't do everything and save everyone, so the benefits of our project are available to each altcoin for a limited time.

Your project looks interesting, but to be honest every post you make is just barr barr barr. I'm wondering whether you're able to offer any proof of these claims? Like a screenshot of your buys of CAGE?

You seemed to care a lot when you said this:









There is 1 reason why the price is up:  BARR. 

It's good to stay informed of what's going on and why.

i think we r don't care you buy or not. just know the price stilling up.

people even buying things with cage https://twitter.com/Cointopay/status/752220615860428800 

I don't think we'll buy CageCoin again.  We're going to burn as many Cagecoins as we can, and then we will move on to another coin.  We've never yet burned a coin that we've already burned before, because we usually shake out most of the available coins the first time around.  Judging by what's available on the markets, most holders have probably forgotten/lost their Cagecoins already.  So if we buy whatever's for sale now, there probably won't be much left for us to buy later. 

Of course, since there have been long periods when only 1 person was mining, and over 24 hours at a time without any blocks being found, the network might not even exist a few months from now.  If you can't send the coins, then you can't sell them at all.  That has already happened to hundreds of altcoins, and all the people holding those coins lost all their money - except for the ones who burned their coins for BARR when they had the chance.

It means, when they start to buy again later, it will increase dramatically. So sell now and wait for September 28 and buy later and sell again at higher prices.

BARR? what is mean?
the price still up now