PoS + exchanges who keep the customer's PoS rewards = crypto central banks
It is very ecouraging to see how most of us are content to simply hold onto our CLAMs, and should serve as a good indicator of how evenly distributed the air drop really was.
Sell Orders Total: 940.57584004 CLAM
This is very true!
We have been amazed by the "strength" of many of the hands who are holding CLAMS.
That is not the 'norm' by any means in crypto these days.
You don't have to tell me. heh.. eg. My trust rating serves more as a shitcoin war log.
Somebody just swept the Order Book all the way up to 0.00395...
It's the only way to buy any volume... just take a look at the Depth Chart.
So few people are selling Clams that they are very hard to accumulate.
I've had a buy order at 0.001 for about a week now, but it hasn't been hit at all. The price was just a fraction over 0.001 when I placed it, and now it's around 0.003.
I'm not very experienced with exchange markets. Could my large buy order (I have a series of smaller buy 'steps' now) be driving the upward price movement even though I'm not actually buying anything?
Somebody just swept the Order Book all the way up to 0.00395...
It's the only way to buy any volume... just take a look at the Depth Chart.
So few people are selling Clams that they are very hard to accumulate.
I know I personally have been a bit stumped when it comes to the CLAM market at Poloniex.
When we designed CLAMS, we had some expectation that Users(Demand) would correlate with TotalMoneySupply(Supply).
However, we also have some business background on the team, and are intelligent enough to understand that a market finds it's own balance and equilibrium.
At the moment, it appears that there just aren't enough CLAMS to go around. That is one of the reasons we see such low volume and also a reluctance for the price to return to previous values after a pump or large purchase.
dooglus' buy orders are certainly not hurting - and a buy order CAN give confidence to a market without actually purchasing any of the coin.
We think it quite valuable, simply by virtue of how widely we spread the CLAMS.
A wide distribution means security, awareness, and hopefully a measure of fairness.
But, we can't give anyone market or investment advice as we aren't qualified to do so; and that wouldn't be appropriate.
Where does it go from here?
Who knows, but it certainly seems it will be interesting regardless
I'm just noticing CLAMS on Coinmarketcap.com for the first time. Go to:
http://coinmarketcap.com/currencies/views/all/Then reorganize the columns alphabetically according to currency name. CLAMS is there! It appears to be a brand new addition as there is not yet any historical data.
Yeah!
In my experience with coinmarketcap.com, coins listed at the bottom with "?" fields usually resolve into the proper list after a short period of time after listing.
Very interested to see how they handle our distribution.
It would be our argument that since all of the coins exist on the chain, in contrast to a "giveaway/air-drop" coin like AuroraCoin, that they should be counted as part of the total money supply.
After all, the coins could be claimed without any way to know they have been until they are sent or staked.
Anybody else had problems syncing? my wallet is stuck 1600 blocks behing even after i uninstalled and reinstalled it doesn't sync. Someone can help me out on this one?
current block is 35643
1600 blocks behind ~34000
there was mandatory wallet update for block 34000
i think you need to update wallet
I updated to 1.42 but stuck on 34000, any ideas?
You need to re-sync the block chain and it will resolve itself.
Please delete everything EXCEPT the wallet.dat file in your data directory.
On Windows, the data directory normally resides here: Users/USERNAME/AppData/Roaming/clam
If you can't see the AppData directory, click the start button, type "hidden", select "Show hidden files and folders", select the radio button "show hidden files, folders, and drives", click "apply", then close the window.
Hope that has been helpful
If you are still having problems please come to the irc channel here:
http://webchat.freenode.net/?channels=clams