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Topic: [ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto - page 34. (Read 138370 times)

sr. member
Activity: 368
Merit: 250
legendary
Activity: 1708
Merit: 1000
Solarcoin.org
sr. member
Activity: 406
Merit: 250
well, someone seems to be sick of seeing the low prices and is buying quite a bit of SLR on bittrex.

There's quite a hefty buy wall there too at 375.

Gotta laugh at the trading patterns emerging.  Someone (obviously) is playing with solarcoin…however, it's worked out nice for those of us that are trying to accumulate.    Grin  They keep doing dozens of minuscule trades, for <50 coins, and probably back and forth (buying & selling), so that it looks like that's the current price. Then they throw a 200k or 300k buy on there, to see if anyone wants to dump at that price.  Pretty funny, yet obviously doable without any regulation as to who can buy and sell, and how much or how often?  

I have enjoyed picking up more solarcoins at these low prices.

It still looks like it'll take higher prices for someone to accumulate anything substantial in volume, unless someone decides to dump a good size holding without knowing?

 

Who has the kind of time to do all those little trades and fiddle around putting bids and offers up like that? I sure don't! Even if I did, I can't imagine doing that.  Huh

HOWEVER... whoever IS doing it is likely reading this thread, right? Chances are pretty good the answer is yes. So... given that, I have something to say to this person.

THANK YOU! You have provided much needed entertainment and distraction while we consolidate and build a base and recover from the "difficulty syndrome" that afflicted all of us for weeks. The small amounts being traded aren't enough to move the markets, so it's quite harmless as far as I'm concerned. Obviously whoever is doing it isn't intending for it to hurt SolarCoin. If that was the intent, then doing sub 100-sized trades isn't how it's gonna be done. So, yeah, my opinion on our double-digit ghost trader is that he (or she) is alright. Imagine how bored we'd be if it weren't for this???  Grin

NOTE: One more thing!!! Whoever you are, I want you to promise me that when we are at a future SolarCoin convention together, you'll come up to me and whisper in my ear, "Ghost Trader" and I am gonna buy you a drink and I won't breathe a word of it to anyone.  Lips sealed

NOTE2: Upon further reflection, that's a bad plan...  Cry Now I'm gonna have all kinds of people whispering "ghost trader" in my ear trying to scam a free drink. Sigh... I really should have thought that one through a little more...  Embarrassed

NOTE3: There will be a SolarCoin Convention.
sr. member
Activity: 368
Merit: 250
well, someone seems to be sick of seeing the low prices and is buying quite a bit of SLR on bittrex.

There's quite a hefty buy wall there too at 375.

Gotta laugh at the trading patterns emerging.  Someone (obviously) is playing with solarcoin…however, it's worked out nice for those of us that are trying to accumulate.    Grin  They keep doing dozens of minuscule trades, for <50 coins, and probably back and forth (buying & selling), so that it looks like that's the current price. Then they throw a 200k or 300k buy on there, to see if anyone wants to dump at that price.  Pretty funny, yet obviously doable without any regulation as to who can buy and sell, and how much or how often? 

I have enjoyed picking up more solarcoins at these low prices.

It still looks like it'll take higher prices for someone to accumulate anything substantial in volume, unless someone decides to dump a good size holding without knowing?

 
sr. member
Activity: 406
Merit: 250
well, someone seems to be sick of seeing the low prices and is buying quite a bit of SLR on bittrex.

There's quite a hefty buy wall there too at 375.

Note: That's not me buying, by the way. Sadly, new tires for my car take precedence. Sad
sr. member
Activity: 406
Merit: 250
well, someone seems to be sick of seeing the low prices and is buying quite a bit of SLR on bittrex.

There's quite a hefty buy wall there too at 375.
hero member
Activity: 546
Merit: 500
well, someone seems to be sick of seeing the low prices and is buying quite a bit of SLR on bittrex.
sr. member
Activity: 406
Merit: 250


Let all the premine lose and then we will see the whole value.. if there is any.

But how would that incentive solar energy? Are the miners just supposed to give up their rewards for the cause? Where does that leave the first investors who believe in the currency? Where will the incentive come from? Why am I even asking you these questions? Why is the sky blue? Can turtles fly? Where do babies come from? Maybe we should ask wall street investors to just lend corporations their money in return for what? Gratitude?


The general consensus is that "premine" is evil, but that is because with most coins the premine is solely for the dev to make a quick buck. But with solarcoin, the premine is what allows for solar power grants, which will ultimately be the source of value for this coin. If you get rid of solarcoin's premine, solarcoin will die, and the entire purpose behind the project will be null and void.

Yup What he said.

I actually sent SolarCoins to the Generator Pool last night. See my pledge here: http://solarcoin.org/forum/viewtopic.php?f=15&t=705&sid=98578ff6d8882654d852a63c1cec226b

legendary
Activity: 1736
Merit: 1001


Let all the premine lose and then we will see the whole value.. if there is any.

But how would that incentive solar energy? Are the miners just supposed to give up their rewards for the cause? Where does that leave the first investors who believe in the currency? Where will the incentive come from? Why am I even asking you these questions? Why is the sky blue? Can turtles fly? Where do babies come from? Maybe we should ask wall street investors to just lend corporations their money in return for what? Gratitude?


The general consensus is that "premine" is evil, but that is because with most coins the premine is solely for the dev to make a quick buck. But with solarcoin, the premine is what allows for solar power grants, which will ultimately be the source of value for this coin. If you get rid of solarcoin's premine, solarcoin will die, and the entire purpose behind the project will be null and void.

Yup What he said.
hero member
Activity: 546
Merit: 500


Let all the premine lose and then we will see the whole value.. if there is any.

But how would that incentive solar energy? Are the miners just supposed to give up their rewards for the cause? Where does that leave the first investors who believe in the currency? Where will the incentive come from? Why am I even asking you these questions? Why is the sky blue? Can turtles fly? Where do babies come from? Maybe we should ask wall street investors to just lend corporations their money in return for what? Gratitude?


The general consensus is that "premine" is evil, but that is because with most coins the premine is solely for the dev to make a quick buck. But with solarcoin, the premine is what allows for solar power grants, which will ultimately be the source of value for this coin. If you get rid of solarcoin's premine, solarcoin will die, and the entire purpose behind the project will be null and void.
legendary
Activity: 1708
Merit: 1000
Solarcoin.org


Let all the premine lose and then we will see the whole value.. if there is any.

But how would that incentive solar energy? Are the miners just supposed to give up their rewards for the cause? Where does that leave the first investors who believe in the currency? Where will the incentive come from? Why am I even asking you these questions? Why is the sky blue? Can turtles fly? Where do babies come from? Maybe we should ask wall street investors to just lend corporations their money in return for what? Gratitude?

sr. member
Activity: 406
Merit: 250
It's nice to see stompix back for his monthly drive-by hazing! Welcome. Cheesy Post a SolarCoin address my friend, so I can send you some for the entertainment you provide.

I'm not being snarky, I'm quite serious.  Kiss
sr. member
Activity: 414
Merit: 250
Freedom through Cryptocurrency!
hero member
Activity: 546
Merit: 500
Think of it this way too, there was a time SLR wasn't on any exchange, it had an effective value of zero but we still mined it. It's still very young and the real meat of the technology isn't even implemented yet, it's all still in the test phase. Why would you give up on something in the beta phase after a few hiccups?



Because when the coin was not on any exchange all the holders dreamed of hundred of $ for a coin but when it hit  the exchanges , time passed people started to wake up.

Reality is harsh sometimes.

what about when bitcoin was on a exchange and was .01 cent?   and litecoins was .01 cent?   how did that work out?

Bitcoin gained it's value from real usage.


But not litecoin. It's value is solely based on speculation, not usage.

Solarcoin, on the other hand, is the only altcoin with real potential to actually get used. Solarcoin is "marketed" to everyone except greedy miners. So when it takes off, it won't be as a result of speculation by miners. It will be everyone else (those with little to no involvement in the mining world) who will make solarcoin become something valuable.

What other altcoin has this kind of media attention:
http://wiki.solarcoin.org/index.php?title=International_Press_coverage_of_SolarCoin

http://www.triplepundit.com/2014/05/solarcoin-accelerating-solar-investment-2
http://www.coindesk.com/solarcoin-awards-coins-solar-power-generation
http://www.utilitydive.com/news/solarcoin-is-bitcoin-for-solar/250196
http://thinkprogress.org/climate/2014/02/21/3282131/solar-coin-global-currency
http://www.newscientist.com/article/dn25010-solarcoin-cryptocurrency-pays-you-to-go-green.html#.U7RBZLHF6QI
http://theblisspoint.org/money-and-earth/solarcoin
http://cleantechnica.com/2014/01/31/cryptocurrency-backed-solar-energy
http://www.solarchoice.net.au/blog/solar-goes-digital-welcome-to-the-virtual-world-of-solarcoin-310114
http://www.businessgreen.com/bg/analysis/2326433/solarcoin-promises-solar-energy-producers-new-incentives
http://www.newscientist.com/article/mg22129553.700-bitcoin-how-its-core-technology-will-change-the-world.html#.UvKaMHd_s0s
http://ecopreneurist.com/2014/01/29/cryptocurrency-backed-solar-energy/
http://blacklemag.com/technology/solarcoin-new-currency
http://www.benzinga.com/pressreleases/14/01/w4254880/100-000-breakfast-may-help-global-solar-energy
http://sustainablog.org/2014/01/digital-currency-backed-by-the-sun/
http://cleantechnica.com/2014/01/31/cryptocurrency-backed-solar-energy/
http://www.coinfirmation.com/generate-solar-power-for-crypto-coins/
http://www.stamfordadvocate.com/news/article/From-Bitcoin-s-notoriety-sprouts-a-new-green-5215862.php
http://grist.org/list/solarcoins-are-cryptocurrency-for-the-sustainability-crowd/
http://www.resilience.org/stories/2014-02-12/solar-coin-a-crypto-currency-designed-to-stimulate-solar-energy-production
http://www.fastcoexist.com/3026173/a-cryptocurrency-to-encourage-you-to-get-solar-power
http://www.shft.com/reading/solar-powered-currency-the-next-bitcoin
http://www.pvsolarreport.com/blog/item/1472-money-from-the-sun
http://www.forumforthefuture.org/greenfutures/articles/currency-incentivise-solar-energy
http://txchnologist.com/post/80589093058/digital-currency-looks-to-charge-up-solar-electricity
https://joinmosaic.com/blog/solarcoin-first-electric-backed-currency/
http://www.triplepundit.com/2014/04/solarcoin-cyrptocurrency-value-people-planet/
http://www.dailykos.com/story/2014/04/13/1291783/-The-Problem-with-Crypto-Currencies-and-Why-SolarCoin-is-Different#
http://www.sustainablebusiness.com/index.cfm/go/news.display/id/25666?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+SBInvestorNews+%28SustainableBusiness.com+Investor+News%29
http://www.dailykos.com/story/2014/04/22/1293780/-How-Green-is-Your-Money-Uniting-Economic-Populists-and-Environmental-Activists-with-SolarCoin
http://invests.com/the-solar-cell-turns-60-on-friday-growth-in-solar-brings-investment-opportunities/20140423393615547
http://www.scientificamerican.com/article/bitcoin-vies-with-new-cryptocurrencies-as-coin-of-the-cyber-realm/?page=7

legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Think of it this way too, there was a time SLR wasn't on any exchange, it had an effective value of zero but we still mined it. It's still very young and the real meat of the technology isn't even implemented yet, it's all still in the test phase. Why would you give up on something in the beta phase after a few hiccups?



Because when the coin was not on any exchange all the holders dreamed of hundred of $ for a coin but when it hit  the exchanges , time passed people started to wake up.

Reality is harsh sometimes.

what about when bitcoin was on a exchange and was .01 cent?   and litecoins was .01 cent?   how did that work out?

Bitcoin gained it's value from real usage.
Remember the pizza?

Solar coin went to the markets with a value decided by.... nothing. It was just like a fiat currency decided by the bagholders.
That's not how a free market runs.

Let all the premine lose and then we will see the whole value.. if there is any.
legendary
Activity: 1736
Merit: 1001
Think of it this way too, there was a time SLR wasn't on any exchange, it had an effective value of zero but we still mined it. It's still very young and the real meat of the technology isn't even implemented yet, it's all still in the test phase. Why would you give up on something in the beta phase after a few hiccups?



Because when the coin was not on any exchange all the holders dreamed of hundred of $ for a coin but when it hit  the exchanges , time passed people started to wake up.

Reality is harsh sometimes.

what about when bitcoin was on a exchange and was .01 cent?   and litecoins was .01 cent?   how did that work out?
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Think of it this way too, there was a time SLR wasn't on any exchange, it had an effective value of zero but we still mined it. It's still very young and the real meat of the technology isn't even implemented yet, it's all still in the test phase. Why would you give up on something in the beta phase after a few hiccups?



Because when the coin was not on any exchange all the holders dreamed of hundred of $ for a coin but when it hit  the exchanges , time passed people started to wake up.

Reality is harsh sometimes.
legendary
Activity: 1736
Merit: 1001
I have quite a few already and am represented in the genesis pool. As solarcoins circulation base grows 5% of the genesis pool becomes spendible.  My large holdings and closeness to the project put me at risk of inside information, so I am not accumulating SLR at this point.  I am growing the value of the economy and economic utility by working with the foundation to grow the holding base and build out soft (legal etc.) infrastructure and outreach to Sr. members of finance and renewable energy community. My intention is to hold SolarCoins for years to come and work on growing the economy of recipients, holders and acceptors of SLR.  My personal goal is to make the utility functional value (spending/transactions) of Solarcoin vastly greater than the speculative (collectible) value.  I view solarcoin right now like BTC 4 years ago.  It reminds me of the BTC 10,000 pizza.  You wanted to be the guy selling the pizza and getting the BTC, not the other way around.
Posted from Bitcointa.lk - #UlYcV2iDFD7eUFNm

Thanks for the info!
sr. member
Activity: 406
Merit: 250
New Block Explorer is up: http://blockexplorer.solarcoin.org/

I'll ask Doug to update the OP with the link.
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