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Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 709. (Read 1192347 times)

hero member
Activity: 518
Merit: 500
For once I'm glad I was able to buy some BTCD for 1 BTC just before the sell order at .0032 disappeared from Polo's exchange Smiley.

I'm glad you bought some. I bought way too much at .0031 and finally had to stop, because I am overextended with all the BTCD that I have.

But looks like the rest was bought up as well and we'll see if the seller refreshes the ask with more of it.  If not, then the price should rise from here, because there are not really any asks of considerable size until about .004 or higher.

And 24hr volume on Poloniex for BTC is 53 BTC.  That is huge, and it's usually 10 BTC or less on there recently.
legendary
Activity: 1736
Merit: 1001
Has it been stated what blockchain the REVS assets will be issued on?
legendary
Activity: 2156
Merit: 1070
Well that entire 10 BTC worth of BTCD was bought up on Poloniex already at .0031.  Then they put another 3 BTC at that price and it was bought up.  Now there is 7 BTC at .0032.   I'm not sure if they are trying to keep the price down or trying to cash out of a lot of BTCD, but doesn't make much sense to put a sell wall there, when could put it 10 or 20% higher and would sell just about as quickly.



Who is selling and why?

I'm not sure what you mean by "who", and as I said above, it really doesn't make sense for them to sell right now and at that relatively low price.  They seem to be wanting to keep the price down for some reason, or they wouldn't have that big sell wall in place.

And we don't know how much BTCD they are working with, of course, so no way to tell how long it will be effective, but it's definitely a good thing for anyone who wants to get KMD for half off, relative to the ICO price.

With the ICO, you got about 7700 KMD per BTC and with buying BTCD right now at .0032 on Poloninex, you will end up with twice that much..about 16000 KMD.  

So once people figure that out, there should be a lot of buys at that ask price.

First the wall was bought. Second, the seller obviously isn't interested in Komodo and either needs the cash or thinks the project will not return an investment, meaning that once Komodo launches, its price won't be as high as the relative BTCD price. We will see who is right.
full member
Activity: 189
Merit: 100
For once I'm glad I was able to buy some BTCD for 1 BTC just before the sell order at .0032 disappeared from Polo's exchange Smiley.
hero member
Activity: 518
Merit: 500
Well that entire 10 BTC worth of BTCD was bought up on Poloniex already at .0031.  Then they put another 3 BTC at that price and it was bought up.  Now there is 7 BTC at .0032.   I'm not sure if they are trying to keep the price down or trying to cash out of a lot of BTCD, but doesn't make much sense to put a sell wall there, when could put it 10 or 20% higher and would sell just about as quickly.



Who is selling and why?

I'm not sure what you mean by "who", and as I said above, it really doesn't make sense for them to sell right now and at that relatively low price.  They seem to be wanting to keep the price down for some reason, or they wouldn't have that big sell wall in place.

And we don't know how much BTCD they are working with, of course, so no way to tell how long it will be effective, but it's definitely a good thing for anyone who wants to get KMD for half off, relative to the ICO price.

With the ICO, you got about 7700 KMD per BTC and with buying BTCD right now at .0032 on Poloninex, you will end up with twice that much..about 16000 KMD. 

So once people figure that out, there should be a lot of buys at that ask price.
hero member
Activity: 1358
Merit: 513
KMD making good and steady steps, that's real good news. Smiley
I am happy to see progress, as an investor, so let's see what's next guys... Tongue Cool
sr. member
Activity: 784
Merit: 253
Set Your Ideas Free
And more generally speaking the Komodo wallet with T (transparent) transactions is ready. However the wallet is not yet published or available for download.

Satinder is going to integrate komodod to the application as well. After that is done and the bugs are fixed then also the Z transactions can be made.

So we will have a working GUI ready for KMD distribution. No worries!
legendary
Activity: 1540
Merit: 1000
Quote from: boogieman
Iguana Update #18

Windows, Mac and Linux versions are still in debugging phase. There are some resistant bugs breaking installation or running processes. But no bugs are immortal, they will be killed soon.

Testing

We covered the already released and newly coded features for 0.2 release with ultimate unit tests, which helped to cover minor to major bugs.

Automated tests will take much more time, so 100% automated tests coverage is in the process and will be ready later for the 0.3 or 0.4 releases. It is not crucial for now, but later on will give us a more stable, hence reliable, application working with every tiny feature.

Responsiveness tests will be applied after the release as well.

Features

All the major features for 0.2 are coded and in code review state. Only two minor tasks left in the pipeline: minimum fee and onboarding screen for Non-Iguana mode with setup requirements for daemons, conf file and proxy. We are waiting for the rest of the team to come back from NY Eve holidays and to finish those tasks asap.
The backlog for 0.2 took more time than allocated before, though we managed to implement small accompanying features within the sprint. E.g. 32 reference currencies and dynamic fee recommendations.
The latest sprint gave a good a picture of the velocity and now intentions for the team extension and enforcement is obvious.

Next

We have already started designed mockups for 0.3 and I'm personally now busy with getting requirements for assetchain and PAX GUI features. Moreover, we planned to integrate EasyDex and enrich Iguana with more functionality withing a single environment.
Roadmap and marketing plan are in progress and next week will be publicly presented.
The roadmap will contain only urgent and confirmed features and allocated for the soon, visible future (3-6 months).
I do not invent a bicycle and just benchmark all good practices and activities other crypto technologies developing companies do, along with some tricks, that might work specifically for Iguana and Komodo.



Quote from: grewalsatinder
Iguana Desktop App Update

- config setting code also pushed to github. it checks if the conf file has required settings, if not, just updates the file with settings. Need to do bit more testing and probably add more conditions to config check code.
- daemon starter also starts daemon, assetchain, paxchain without issue.
- little more testing with Shepherd API, and then will update the GUI part in EasyDEX-GUI

so far roles of Shepherd API:
- Start/Stop single coin daemon, for now only `iguana` and `komodod`
- Start/Stop assetchain using `komodod` along with options passing to it in JSON data input in POST API call
- setup `.conf` file of `komodod`, and any assetchain, PAX fiatchain. It will also setup `.conf` of any new assetchain a user will create using _Shephered API_
hero member
Activity: 666
Merit: 500
What happened today made me lose any faith/trust in crypto world.
Markets are highly manipulated.
With the first chance next time, I will sell every coin I hold (aka hodl) go back to fiat and never look back into this scam world.
I know what ever goes up, goes down, but this clearly shows that some people are behind and playing.

By the way, I think poloniex kissed us all.

http://image.prntscr.com/image/feba8750c0d24380ab755eae8a80c1ae.jpeg

This is the reasons why i don't do trading, because i'm a very bad trader.
Anytime the price can drop so low, especially Bitcoin...and you will loss your money.

That why i prefer to invest in Alcoins and i hold for a long term investment (in 2-3 years it can grow 10%-500%+) if you invest in the right coins.
I have a Strong Faith in Komodo, because we have a very solid, dedicated and professional Team running Komodo/Supernet.
And also in jl777, because he is very dedicated in his work and project...you can see him do coding Supernet for years now and non-stop.
So i trully have so much respect for his dedication and all Komodo Team...for their dedication to this project and the way they took care their investors  Cool

My suggestion is, hold your Komodo coin for long term investment (1-3 years), you will make good return in the end...this is how i make profits so far.  Grin

About Bitcoin value dropping today, my advice for you is DON"T take it too personally....if you have Bitcoin hold it for a bit longer, i'm very sure Bitcoin price will rise again very high in the end of this year on December, where usually demand for Bitcoin will get high again.



It's Chinese New year in a few days so Chinese are playing with BTC to make it a very happy new year.
I have trust to jl777 and komodo but no trust to those who might pump it and then dump it. LOL

As for Bitcoin, I took it personally not only because I wanted to sell it, but because I wanted to sell and buy lower to get more of it.
hero member
Activity: 529
Merit: 505
I'm on drugs, what's your excuse?
This bitcoin rally is looking really good.  This is the kind of momentum that Komodo could really use, both for exposure and for market value.  But hoping everything will be ready before it's too late and bitcoin profits go into other projects/coins instead.

Don't worry the rally will be well and truly over before anything is ready here

Cheers Jon  Cool
hero member
Activity: 666
Merit: 500
What happened today made me lose any faith/trust in crypto world.
Markets are highly manipulated.
With the first chance next time, I will sell every coin I hold (aka hodl) go back to fiat and never look back into this scam world.
I know what ever goes up, goes down, but this clearly shows that some people are behind and playing.

By the way, I think poloniex kissed us all.

http://image.prntscr.com/image/feba8750c0d24380ab755eae8a80c1ae.jpeg

Yes of course the BTC market is highly manipulated and I've been saying this was a pump and that there would be a huge drop like this. It's a tough lesson, but all you had to do is look at a historical chart and you would see this is how it plays out every single time.

I know. I am in cryptos for 4 years. I will exchange most of my coins into BTC and with the first chance, I will say goodbye.
Even now is a good chance as I bought BTC at 190 euros. I was planning to sell at 1100 today Cheesy
I might consider keeping BTCD, KMD and 1-2 others but just with no or half trust.
hero member
Activity: 497
Merit: 501
What happened today made me lose any faith/trust in crypto world.
Markets are highly manipulated.
With the first chance next time, I will sell every coin I hold (aka hodl) go back to fiat and never look back into this scam world.
I know what ever goes up, goes down, but this clearly shows that some people are behind and playing.

By the way, I think poloniex kissed us all.

http://image.prntscr.com/image/feba8750c0d24380ab755eae8a80c1ae.jpeg

It's china. They've been behind bitcoins pump and just as they did before, they pump it for a dramatic exit.

Fiatleak.com shows it all.

To quote myself from another thread:

Given that China is behind this pump - and behind the bulk of BTC mining - I don't anticipate the BTC pump to last much longer before they swoop in with a statement on capital controls or some other doom and gloom outlook, causing a panic sell. Exactly what happend before a few years ago. there's too much chinese dominance in BTC not just in trades but in mining too and this puts me off BTC on the whole.

Positioning myslf in ALT's and NEM is among that portfolio before the BTC dump for FIAT/ALT's begins.
sr. member
Activity: 581
Merit: 250
Well that entire 10 BTC worth of BTCD was bought up on Poloniex already at .0031.  Then they put another 3 BTC at that price and it was bought up.  Now there is 7 BTC at .0032.   I'm not sure if they are trying to keep the price down or trying to cash out of a lot of BTCD, but doesn't make much sense to put a sell wall there, when could put it 10 or 20% higher and would sell just about as quickly.



Who is selling and why?
hero member
Activity: 896
Merit: 553
What happened today made me lose any faith/trust in crypto world.
Markets are highly manipulated.
With the first chance next time, I will sell every coin I hold (aka hodl) go back to fiat and never look back into this scam world.
I know what ever goes up, goes down, but this clearly shows that some people are behind and playing.

By the way, I think poloniex kissed us all.

http://image.prntscr.com/image/feba8750c0d24380ab755eae8a80c1ae.jpeg

All markets have speculation. Did you think bitcoin will keep going up forever? This is a normal correction.
hero member
Activity: 518
Merit: 500
Well that entire 10 BTC worth of BTCD was bought up on Poloniex already at .0031.  Then they put another 3 BTC at that price and it was bought up.  Now there is 7 BTC at .0032.   I'm not sure if they are trying to keep the price down or trying to cash out of a lot of BTCD, but doesn't make much sense to put a sell wall there, when could put it 10 or 20% higher and would sell just about as quickly.



Must be a fomo whale who missed the ico, fortunately he jumped on the board, last chance for him. Team will receive more fund if more btcd swap.

It is someone selling BTCD though...makes no sense really to dump it for such a low price, when could get twice as many KMD as in the ICO right now at .00320 which is what they are selling it at.  But about 5.8 BTC worth still left on Poloniex.  

I'm sure that will get eaten up, but the question is how much does he have and will he keep selling more at the ask.  And again, why doesn't he sell it for a higher price.  It would sell just about as quickly with the swap coming up...very odd.  But at least good for anyone who wants KMD for half price right now.

Once that is gone at .00320 (and assuming he doesn't put more up there, which is likely), there is not much on the order book up to .0045 or so, which is obviously about 50% higher, so you would get half the KMD as at .00320, after the swap.
sr. member
Activity: 391
Merit: 250
A Happy Announcement!

The ICO site is finished, and everything appears to be working correctly. Next we will test it carefully and make sure it works. Also some translations are missing.

If we encounter no bugs then the swap will begin very soon (few days). We are now getting prepared for that, and then announce the schedule for elections and KMD distribution.

The swap has not yet started.

Well this is definitely better than "soon". Please continue to keep us updated.
sr. member
Activity: 291
Merit: 250
Well that entire 10 BTC worth of BTCD was bought up on Poloniex already at .0031.  Then they put another 3 BTC at that price and it was bought up.  Now there is 7 BTC at .0032.   I'm not sure if they are trying to keep the price down or trying to cash out of a lot of BTCD, but doesn't make much sense to put a sell wall there, when could put it 10 or 20% higher and would sell just about as quickly.



Must be a fomo whale who missed the ico, fortunately he jumped on the board, last chance for him. Team will receive more fund if more btcd swap.
hero member
Activity: 518
Merit: 500
Well that entire 10 BTC worth of BTCD was bought up on Poloniex already at .0031.  Then they put another 3 BTC at that price and it was bought up.  Now there is 7 BTC at .0032.   I'm not sure if they are trying to keep the price down or trying to cash out of a lot of BTCD, but doesn't make much sense to put a sell wall there, when could put it 10 or 20% higher and would sell just about as quickly.

full member
Activity: 196
Merit: 100
What happened today made me lose any faith/trust in crypto world.
Markets are highly manipulated.
With the first chance next time, I will sell every coin I hold (aka hodl) go back to fiat and never look back into this scam world.
I know what ever goes up, goes down, but this clearly shows that some people are behind and playing.

By the way, I think poloniex kissed us all.

http://image.prntscr.com/image/feba8750c0d24380ab755eae8a80c1ae.jpeg

This is the reasons why i don't do trading, because i'm a very bad trader.
Anytime the price can drop so low, especially Bitcoin...and you will loss your money.

That why i prefer to invest in Alcoins and i hold for a long term investment (in 2-3 years it can grow 10%-500%+) if you invest in the right coins.
I have a Strong Faith in Komodo, because we have a very solid, dedicated and professional Team running Komodo/Supernet.
And also in jl777, because he is very dedicated in his work and project...you can see him do coding Supernet for years now and non-stop.
So i trully have so much respect for his dedication and all Komodo Team...for their dedication to this project and the way they took care their investors  Cool

My suggestion is, hold your Komodo coin for long term investment (1-3 years), you will make good return in the end...this is how i make profits so far.  Grin

About Bitcoin value dropping today, my advice for you is DON"T take it too personally....if you have Bitcoin hold it for a bit longer, i'm very sure Bitcoin price will rise again very high in the end of this year on December, where usually demand for Bitcoin will get high again.



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