WOW! WHALE on the pool right now!!!
1 anonymous 1,576,974 518,421.275 2.5973
Pool Hash Rate
1918.438 MH/s
Pool Efficiency
38.76%
Current Active Workers
84
Current Difficulty
6.11921501
Est. Next Difficulty
18.31947944 (Change in 1073 Blocks)
Est. Avg. Time per Round (Network)
20 seconds
Est. Avg. Time per Round (Pool)
13 seconds
Est. Shares this Round
401029 (done: 1248.39%)
Next Network Block
201,972 (Current: 201,971)
Last Block Found
201,958
Time Since Last Block
2 minutes 32 seconds
This is killing the coin... When someone has millions of the outstanding coins??? Dump = no value... Change to PoS!
Topic: [ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto - page 41. (Read 138370 times)
June 18, 2014, 10:11:59 AM
June 17, 2014, 05:32:51 PM
How long has Allcrypt been down? Anyone know? I can't seem to find anything...
I think it's been at least an hour.
That exchange has been having a lot of technical problems recently. All the more reason to switch to Bittrex. The prices are also cheaper on Bittrex. Today I got a bid filled there at 700 satoshis!
Nice! :-)
Yeah, it's always a good idea to have a couple of lowball bids on the books. Never know when some big dumper will come along and fill them. It happened to me once before when I got a 500 satoshi bid filled on AllCrypt a couple months ago.
June 17, 2014, 05:29:13 PM
How long has Allcrypt been down? Anyone know? I can't seem to find anything...
I think it's been at least an hour.
That exchange has been having a lot of technical problems recently. All the more reason to switch to Bittrex. The prices are also cheaper on Bittrex. Today I got a bid filled there at 700 satoshis!
Nice! :-)
June 17, 2014, 04:56:20 PM
How long has Allcrypt been down? Anyone know? I can't seem to find anything...
I think it's been at least an hour.
That exchange has been having a lot of technical problems recently. All the more reason to switch to Bittrex. The prices are also cheaper on Bittrex. Today I got a bid filled there at 700 satoshis!
June 17, 2014, 04:42:59 PM
How long has Allcrypt been down? Anyone know? I can't seem to find anything...
June 17, 2014, 07:51:23 AM
SolarCoin volume on Bittrex has been increasing recently. §20-30k traded per day the last few days. Still less than AllCrypt, but gaining ground. Nice to see some action for our currency on a bigger exchange, and Bittrex has been growing and adding new features, etc. Maybe in a few more months it'll be just as big as MintPal and Cryptsy.
https://bittrex.com/Market/Index?MarketName=BTC-SLR
I just wish we could get some traders interested in this coin to give it more of a liquid order book. I have a feeling that nearly all the §SLR being "traded" on the exchanges is just miners dumping it straight into the hands of long-term investors who will never sell it for 2+ years.
Looking on the bright side, it's hard to imagine the price not going up when the supply of coins being mined by immediate dumpers starts to decline. Buying interest is there, eating a steady diet of dumped coins day after day.
https://bittrex.com/Market/Index?MarketName=BTC-SLR
I just wish we could get some traders interested in this coin to give it more of a liquid order book. I have a feeling that nearly all the §SLR being "traded" on the exchanges is just miners dumping it straight into the hands of long-term investors who will never sell it for 2+ years.
Looking on the bright side, it's hard to imagine the price not going up when the supply of coins being mined by immediate dumpers starts to decline. Buying interest is there, eating a steady diet of dumped coins day after day.
I think the spike on bittrex was due to allcrypt being down for maintenance for a awhile (at that time).
I don't think that's the reason. I moved some of my bids from AllCrypt to Bittrex and some of them got filled, which was a significant chunk of the volume. Other people apparently got bids filled on Bittrex too, or bought into some of the asks, which accounted for the rest of the volume spike. Now today, a bunch of coins got dumped on Bittrex and I managed to get a bid filled in the 800s, which I consider to be a great price for a long-term investment in this coin. I hope more people will put up bids on Bittrex at these awesome prices.
Hopefully that price does not become the new norm…otherwise it may be you and I buying them all. lol
I would guess that there's a price, probably not much lower than the current price, at which it would no longer be profitable to mine and sell this coin. If it goes below that price, whatever it is, presumably the only people mining would be long-term holders. And therefore the selling pressure on the exchanges would stop.
I wonder what that price is? Anybody who mines this coin have any idea?
We're already there! You can't mine this coin with a diff of 10 and produce and sell enough coins to pay for your hydro, let alone the rig costs!
Then the constant selling pressure is coming from some unknown source, instead of miners. Perhaps early "investors" who got in because they thought it would be a quick pump rather than because of believing in the long-term potential of this currency?
I have to admit I don't get why anyone would have bought SolarCoin in the first place unless they were planning to hold it for at least a year. This currency was never touted as a quickie pump like 99% of other altcoins out there. It was always intended to be a gradual plan of development with a long time horizon.
I think the people selling below 1000 satoshis are going to regret it. Especially if we do switch to PoS and there are hardly any new coins available to be bought later on.
It's not profitable for small miners; GPU or small ASIC miners, when the diff is around 10 or more. The selling is coming from those that have the big hashing power. There just are not that many profitable alt coins, so solarcoin can net them some quick BTC when they drop near 1000 Mh/s on it for a few short hours, and then sell off their 100K+ coins they produce.
I totally agree, most people who are mining and buying solarcoins believe in the long term potential and are holding on to them.
Have to hope that some increase in coin value will come via more exposure and anything the Foundation can cook up. Once that happens, more investors should come :-)
June 17, 2014, 02:23:20 AM
I can see the switch to PoS in the future, but for now there's plenty of coins to mine and it needs the exposure. Once the difficulty issue is resolved there should be a steady following of miners which hopefully will steadily grow.
Hope so. We need to increase the hashrate and number of miners who believe in the coin. I would assume that fixing the difficulty issue will increase the attractiveness of the coin to the mining community. I just hope that the new miners won't insta-dump whatever they mine -- or if they do, that some new investors will be buying what they sell rather than the same investors accumulating gigantic positions. I intend to keep buying SolarCoins at these low prices, and happy to have a big stash, but I'd rather see more widespread distribution to lots of small investors as this grows the utility of the currency in the long run.
June 17, 2014, 12:48:39 AM
Ever thought that the premined is being sold slowly?
97 billion coins at the average rate of 900 satoshi = 873,000 bitcoins
That is 520 million dollars at the current BTC/USD market rate!
97 billion coins at the average rate of 900 satoshi = 873,000 bitcoins
That is 520 million dollars at the current BTC/USD market rate!
The SolarCoin block explorer shows the addresses that hold the premined coins, and none of them have ever been touched. They are all listed on the front page of this site: http://solarcoin.zapto.org
June 17, 2014, 12:26:42 AM
SolarCoin volume on Bittrex has been increasing recently. §20-30k traded per day the last few days. Still less than AllCrypt, but gaining ground. Nice to see some action for our currency on a bigger exchange, and Bittrex has been growing and adding new features, etc. Maybe in a few more months it'll be just as big as MintPal and Cryptsy.
https://bittrex.com/Market/Index?MarketName=BTC-SLR
I just wish we could get some traders interested in this coin to give it more of a liquid order book. I have a feeling that nearly all the §SLR being "traded" on the exchanges is just miners dumping it straight into the hands of long-term investors who will never sell it for 2+ years.
Looking on the bright side, it's hard to imagine the price not going up when the supply of coins being mined by immediate dumpers starts to decline. Buying interest is there, eating a steady diet of dumped coins day after day.
https://bittrex.com/Market/Index?MarketName=BTC-SLR
I just wish we could get some traders interested in this coin to give it more of a liquid order book. I have a feeling that nearly all the §SLR being "traded" on the exchanges is just miners dumping it straight into the hands of long-term investors who will never sell it for 2+ years.
Looking on the bright side, it's hard to imagine the price not going up when the supply of coins being mined by immediate dumpers starts to decline. Buying interest is there, eating a steady diet of dumped coins day after day.
I think the spike on bittrex was due to allcrypt being down for maintenance for a awhile (at that time).
I don't think that's the reason. I moved some of my bids from AllCrypt to Bittrex and some of them got filled, which was a significant chunk of the volume. Other people apparently got bids filled on Bittrex too, or bought into some of the asks, which accounted for the rest of the volume spike. Now today, a bunch of coins got dumped on Bittrex and I managed to get a bid filled in the 800s, which I consider to be a great price for a long-term investment in this coin. I hope more people will put up bids on Bittrex at these awesome prices.
Hopefully that price does not become the new norm…otherwise it may be you and I buying them all. lol
I would guess that there's a price, probably not much lower than the current price, at which it would no longer be profitable to mine and sell this coin. If it goes below that price, whatever it is, presumably the only people mining would be long-term holders. And therefore the selling pressure on the exchanges would stop.
I wonder what that price is? Anybody who mines this coin have any idea?
We're already there! You can't mine this coin with a diff of 10 and produce and sell enough coins to pay for your hydro, let alone the rig costs!
Ever thought that the premined is being sold slowly?
97 billion coins at the average rate of 900 satoshi = 873,000 bitcoins
That is 520 million dollars at the current BTC/USD market rate!
June 17, 2014, 12:19:38 AM
SolarCoin volume on Bittrex has been increasing recently. §20-30k traded per day the last few days. Still less than AllCrypt, but gaining ground. Nice to see some action for our currency on a bigger exchange, and Bittrex has been growing and adding new features, etc. Maybe in a few more months it'll be just as big as MintPal and Cryptsy.
https://bittrex.com/Market/Index?MarketName=BTC-SLR
I just wish we could get some traders interested in this coin to give it more of a liquid order book. I have a feeling that nearly all the §SLR being "traded" on the exchanges is just miners dumping it straight into the hands of long-term investors who will never sell it for 2+ years.
Looking on the bright side, it's hard to imagine the price not going up when the supply of coins being mined by immediate dumpers starts to decline. Buying interest is there, eating a steady diet of dumped coins day after day.
https://bittrex.com/Market/Index?MarketName=BTC-SLR
I just wish we could get some traders interested in this coin to give it more of a liquid order book. I have a feeling that nearly all the §SLR being "traded" on the exchanges is just miners dumping it straight into the hands of long-term investors who will never sell it for 2+ years.
Looking on the bright side, it's hard to imagine the price not going up when the supply of coins being mined by immediate dumpers starts to decline. Buying interest is there, eating a steady diet of dumped coins day after day.
I think the spike on bittrex was due to allcrypt being down for maintenance for a awhile (at that time).
I don't think that's the reason. I moved some of my bids from AllCrypt to Bittrex and some of them got filled, which was a significant chunk of the volume. Other people apparently got bids filled on Bittrex too, or bought into some of the asks, which accounted for the rest of the volume spike. Now today, a bunch of coins got dumped on Bittrex and I managed to get a bid filled in the 800s, which I consider to be a great price for a long-term investment in this coin. I hope more people will put up bids on Bittrex at these awesome prices.
Hopefully that price does not become the new norm…otherwise it may be you and I buying them all. lol
I would guess that there's a price, probably not much lower than the current price, at which it would no longer be profitable to mine and sell this coin. If it goes below that price, whatever it is, presumably the only people mining would be long-term holders. And therefore the selling pressure on the exchanges would stop.
I wonder what that price is? Anybody who mines this coin have any idea?
We're already there! You can't mine this coin with a diff of 10 and produce and sell enough coins to pay for your hydro, let alone the rig costs!
Then the constant selling pressure is coming from some unknown source, instead of miners. Perhaps early "investors" who got in because they thought it would be a quick pump rather than because of believing in the long-term potential of this currency?
I have to admit I don't get why anyone would have bought SolarCoin in the first place unless they were planning to hold it for at least a year. This currency was never touted as a quickie pump like 99% of other altcoins out there. It was always intended to be a gradual plan of development with a long time horizon.
I think the people selling below 1000 satoshis are going to regret it. Especially if we do switch to PoS and there are hardly any new coins available to be bought later on.
I can see the switch to PoS in the future, but for now there's plenty of coins to mine and it needs the exposure. Once the difficulty issue is resolved there should be a steady following of miners which hopefully will steadily grow.
June 17, 2014, 12:00:12 AM
SolarCoin volume on Bittrex has been increasing recently. §20-30k traded per day the last few days. Still less than AllCrypt, but gaining ground. Nice to see some action for our currency on a bigger exchange, and Bittrex has been growing and adding new features, etc. Maybe in a few more months it'll be just as big as MintPal and Cryptsy.
https://bittrex.com/Market/Index?MarketName=BTC-SLR
I just wish we could get some traders interested in this coin to give it more of a liquid order book. I have a feeling that nearly all the §SLR being "traded" on the exchanges is just miners dumping it straight into the hands of long-term investors who will never sell it for 2+ years.
Looking on the bright side, it's hard to imagine the price not going up when the supply of coins being mined by immediate dumpers starts to decline. Buying interest is there, eating a steady diet of dumped coins day after day.
https://bittrex.com/Market/Index?MarketName=BTC-SLR
I just wish we could get some traders interested in this coin to give it more of a liquid order book. I have a feeling that nearly all the §SLR being "traded" on the exchanges is just miners dumping it straight into the hands of long-term investors who will never sell it for 2+ years.
Looking on the bright side, it's hard to imagine the price not going up when the supply of coins being mined by immediate dumpers starts to decline. Buying interest is there, eating a steady diet of dumped coins day after day.
I think the spike on bittrex was due to allcrypt being down for maintenance for a awhile (at that time).
I don't think that's the reason. I moved some of my bids from AllCrypt to Bittrex and some of them got filled, which was a significant chunk of the volume. Other people apparently got bids filled on Bittrex too, or bought into some of the asks, which accounted for the rest of the volume spike. Now today, a bunch of coins got dumped on Bittrex and I managed to get a bid filled in the 800s, which I consider to be a great price for a long-term investment in this coin. I hope more people will put up bids on Bittrex at these awesome prices.
Hopefully that price does not become the new norm…otherwise it may be you and I buying them all. lol
I would guess that there's a price, probably not much lower than the current price, at which it would no longer be profitable to mine and sell this coin. If it goes below that price, whatever it is, presumably the only people mining would be long-term holders. And therefore the selling pressure on the exchanges would stop.
I wonder what that price is? Anybody who mines this coin have any idea?
We're already there! You can't mine this coin with a diff of 10 and produce and sell enough coins to pay for your hydro, let alone the rig costs!
Then the constant selling pressure is coming from some unknown source, instead of miners. Perhaps early "investors" who got in because they thought it would be a quick pump rather than because of believing in the long-term potential of this currency?
I have to admit I don't get why anyone would have bought SolarCoin in the first place unless they were planning to hold it for at least a year. This currency was never touted as a quickie pump like 99% of other altcoins out there. It was always intended to be a gradual plan of development with a long time horizon.
I think the people selling below 1000 satoshis are going to regret it. Especially if we do switch to PoS and there are hardly any new coins available to be bought later on.
June 16, 2014, 11:17:52 PM
SolarCoin volume on Bittrex has been increasing recently. §20-30k traded per day the last few days. Still less than AllCrypt, but gaining ground. Nice to see some action for our currency on a bigger exchange, and Bittrex has been growing and adding new features, etc. Maybe in a few more months it'll be just as big as MintPal and Cryptsy.
https://bittrex.com/Market/Index?MarketName=BTC-SLR
I just wish we could get some traders interested in this coin to give it more of a liquid order book. I have a feeling that nearly all the §SLR being "traded" on the exchanges is just miners dumping it straight into the hands of long-term investors who will never sell it for 2+ years.
Looking on the bright side, it's hard to imagine the price not going up when the supply of coins being mined by immediate dumpers starts to decline. Buying interest is there, eating a steady diet of dumped coins day after day.
https://bittrex.com/Market/Index?MarketName=BTC-SLR
I just wish we could get some traders interested in this coin to give it more of a liquid order book. I have a feeling that nearly all the §SLR being "traded" on the exchanges is just miners dumping it straight into the hands of long-term investors who will never sell it for 2+ years.
Looking on the bright side, it's hard to imagine the price not going up when the supply of coins being mined by immediate dumpers starts to decline. Buying interest is there, eating a steady diet of dumped coins day after day.
I think the spike on bittrex was due to allcrypt being down for maintenance for a awhile (at that time).
I don't think that's the reason. I moved some of my bids from AllCrypt to Bittrex and some of them got filled, which was a significant chunk of the volume. Other people apparently got bids filled on Bittrex too, or bought into some of the asks, which accounted for the rest of the volume spike. Now today, a bunch of coins got dumped on Bittrex and I managed to get a bid filled in the 800s, which I consider to be a great price for a long-term investment in this coin. I hope more people will put up bids on Bittrex at these awesome prices.
Hopefully that price does not become the new norm…otherwise it may be you and I buying them all. lol
I would guess that there's a price, probably not much lower than the current price, at which it would no longer be profitable to mine and sell this coin. If it goes below that price, whatever it is, presumably the only people mining would be long-term holders. And therefore the selling pressure on the exchanges would stop.
I wonder what that price is? Anybody who mines this coin have any idea?
We're already there! You can't mine this coin with a diff of 10 and produce and sell enough coins to pay for your hydro, let alone the rig costs!
June 16, 2014, 09:36:28 PM
SolarCoin volume on Bittrex has been increasing recently. §20-30k traded per day the last few days. Still less than AllCrypt, but gaining ground. Nice to see some action for our currency on a bigger exchange, and Bittrex has been growing and adding new features, etc. Maybe in a few more months it'll be just as big as MintPal and Cryptsy.
https://bittrex.com/Market/Index?MarketName=BTC-SLR
I just wish we could get some traders interested in this coin to give it more of a liquid order book. I have a feeling that nearly all the §SLR being "traded" on the exchanges is just miners dumping it straight into the hands of long-term investors who will never sell it for 2+ years.
Looking on the bright side, it's hard to imagine the price not going up when the supply of coins being mined by immediate dumpers starts to decline. Buying interest is there, eating a steady diet of dumped coins day after day.
https://bittrex.com/Market/Index?MarketName=BTC-SLR
I just wish we could get some traders interested in this coin to give it more of a liquid order book. I have a feeling that nearly all the §SLR being "traded" on the exchanges is just miners dumping it straight into the hands of long-term investors who will never sell it for 2+ years.
Looking on the bright side, it's hard to imagine the price not going up when the supply of coins being mined by immediate dumpers starts to decline. Buying interest is there, eating a steady diet of dumped coins day after day.
I think the spike on bittrex was due to allcrypt being down for maintenance for a awhile (at that time).
I don't think that's the reason. I moved some of my bids from AllCrypt to Bittrex and some of them got filled, which was a significant chunk of the volume. Other people apparently got bids filled on Bittrex too, or bought into some of the asks, which accounted for the rest of the volume spike. Now today, a bunch of coins got dumped on Bittrex and I managed to get a bid filled in the 800s, which I consider to be a great price for a long-term investment in this coin. I hope more people will put up bids on Bittrex at these awesome prices.
Hopefully that price does not become the new norm…otherwise it may be you and I buying them all. lol
I would guess that there's a price, probably not much lower than the current price, at which it would no longer be profitable to mine and sell this coin. If it goes below that price, whatever it is, presumably the only people mining would be long-term holders. And therefore the selling pressure on the exchanges would stop.
I wonder what that price is? Anybody who mines this coin have any idea?
June 16, 2014, 07:59:55 PM
"Secure Connection Failed
An error occurred during a connection to www.allcrypt.com. Peer's Certificate has been revoked. (Error code: sec_error_revoked_certificate)
The page you are trying to view cannot be shown because the authenticity of the received data could not be verified.
Please contact the website owners to inform them of this problem. Alternatively, use the command found in the help menu to report this broken site."
This is what I get from AllCrypt at the moment.
An error occurred during a connection to www.allcrypt.com. Peer's Certificate has been revoked. (Error code: sec_error_revoked_certificate)
The page you are trying to view cannot be shown because the authenticity of the received data could not be verified.
Please contact the website owners to inform them of this problem. Alternatively, use the command found in the help menu to report this broken site."
This is what I get from AllCrypt at the moment.
Working fine for me right now.
Working for me too now also. Guess they worked out the issue.
June 16, 2014, 06:18:42 PM
"Secure Connection Failed
An error occurred during a connection to www.allcrypt.com. Peer's Certificate has been revoked. (Error code: sec_error_revoked_certificate)
The page you are trying to view cannot be shown because the authenticity of the received data could not be verified.
Please contact the website owners to inform them of this problem. Alternatively, use the command found in the help menu to report this broken site."
This is what I get from AllCrypt at the moment.
An error occurred during a connection to www.allcrypt.com. Peer's Certificate has been revoked. (Error code: sec_error_revoked_certificate)
The page you are trying to view cannot be shown because the authenticity of the received data could not be verified.
Please contact the website owners to inform them of this problem. Alternatively, use the command found in the help menu to report this broken site."
This is what I get from AllCrypt at the moment.
Working fine for me right now.
June 16, 2014, 05:38:25 PM
"Secure Connection Failed
An error occurred during a connection to www.allcrypt.com. Peer's Certificate has been revoked. (Error code: sec_error_revoked_certificate)
The page you are trying to view cannot be shown because the authenticity of the received data could not be verified.
Please contact the website owners to inform them of this problem. Alternatively, use the command found in the help menu to report this broken site."
This is what I get from AllCrypt at the moment.
An error occurred during a connection to www.allcrypt.com. Peer's Certificate has been revoked. (Error code: sec_error_revoked_certificate)
The page you are trying to view cannot be shown because the authenticity of the received data could not be verified.
Please contact the website owners to inform them of this problem. Alternatively, use the command found in the help menu to report this broken site."
This is what I get from AllCrypt at the moment.
June 16, 2014, 05:31:41 PM
Have all the solarcoin miners warmed to the thought of letting PoS complete the distribution of mined coins? Does anyone know what the foundation thinks of this idea? Have their thoughts been posted anywhere?
The Foundation is seriously studying Proof of Stake and other similar possibilities such as Proof of Stake Velocity. From the recent Board meeting minutes:
Quote
Unanimous decision: Nick Gogerty will lead a task force to research possibilities to decrease mining reward and/or switch to Proof of Stake or Proof of Stake Velocity or other methodology for securing the SolarCoin network.
Most people involved in SolarCoin seem to be leaning in favor of making some kind of change that would reduce the inflation rate to help increase valuation. But nothing has been decided yet. It is being thoroughly studied.
Nick Gogerty, who is leading the team that's studying how to improve the economic aspects and valuation of the currency, has an academic economics background and is a professional hedge fund manager.
I heard the interview with him on Bitcoins and Gravy…it was inspiring :-)
June 16, 2014, 05:06:05 PM
Have all the solarcoin miners warmed to the thought of letting PoS complete the distribution of mined coins? Does anyone know what the foundation thinks of this idea? Have their thoughts been posted anywhere?
The Foundation is seriously studying Proof of Stake and other similar possibilities such as Proof of Stake Velocity. From the recent Board meeting minutes:
Quote
Unanimous decision: Nick Gogerty will lead a task force to research possibilities to decrease mining reward and/or switch to Proof of Stake or Proof of Stake Velocity or other methodology for securing the SolarCoin network.
Most people involved in SolarCoin seem to be leaning in favor of making some kind of change that would reduce the inflation rate to help increase valuation. But nothing has been decided yet. It is being thoroughly studied.
Nick Gogerty, who is leading the team that's studying how to improve the economic aspects and valuation of the currency, has an academic economics background and is a professional hedge fund manager.
June 16, 2014, 05:00:00 PM
I don't see why the Foundation doesn't approach the big boys in the industry for solarcoin investment $? A steady flow of investment $ could easily be converted into coin revenue…which would significantly raise the valuation.
This is being discussed by the Board, but we're delaying action on outreach to big businesses until after the Foundation is legally incorporated, Bylaws finalized, etc.
See this item in the recent Board meeting minutes:
Quote
Unanimous decisions about possibilities for outreach to SolarCity and/or other major solar energy companies:
The Board will inform [names redacted] that it’s too early to take action on their proposal and make formal agreements because we’re still finalizing organizational and legal structure, but that we encourage them to have further dialogue with us.
The Board will ask [name redacted] to submit his ideas and suggestions for outreach to SolarCity and/or other residential solar companies, and any other entities in the solar industry and supply chain that he thinks are relevant.
The Board will inform [names redacted] that it’s too early to take action on their proposal and make formal agreements because we’re still finalizing organizational and legal structure, but that we encourage them to have further dialogue with us.
The Board will ask [name redacted] to submit his ideas and suggestions for outreach to SolarCity and/or other residential solar companies, and any other entities in the solar industry and supply chain that he thinks are relevant.
Thanks :-)
June 16, 2014, 04:59:26 PM
SolarCoin volume on Bittrex has been increasing recently. §20-30k traded per day the last few days. Still less than AllCrypt, but gaining ground. Nice to see some action for our currency on a bigger exchange, and Bittrex has been growing and adding new features, etc. Maybe in a few more months it'll be just as big as MintPal and Cryptsy.
https://bittrex.com/Market/Index?MarketName=BTC-SLR
I just wish we could get some traders interested in this coin to give it more of a liquid order book. I have a feeling that nearly all the §SLR being "traded" on the exchanges is just miners dumping it straight into the hands of long-term investors who will never sell it for 2+ years.
Looking on the bright side, it's hard to imagine the price not going up when the supply of coins being mined by immediate dumpers starts to decline. Buying interest is there, eating a steady diet of dumped coins day after day.
https://bittrex.com/Market/Index?MarketName=BTC-SLR
I just wish we could get some traders interested in this coin to give it more of a liquid order book. I have a feeling that nearly all the §SLR being "traded" on the exchanges is just miners dumping it straight into the hands of long-term investors who will never sell it for 2+ years.
Looking on the bright side, it's hard to imagine the price not going up when the supply of coins being mined by immediate dumpers starts to decline. Buying interest is there, eating a steady diet of dumped coins day after day.
I think the spike on bittrex was due to allcrypt being down for maintenance for a awhile (at that time).
I don't think that's the reason. I moved some of my bids from AllCrypt to Bittrex and some of them got filled, which was a significant chunk of the volume. Other people apparently got bids filled on Bittrex too, or bought into some of the asks, which accounted for the rest of the volume spike. Now today, a bunch of coins got dumped on Bittrex and I managed to get a bid filled in the 800s, which I consider to be a great price for a long-term investment in this coin. I hope more people will put up bids on Bittrex at these awesome prices.
Hopefully that price does not become the new norm…otherwise it may be you and I buying them all. lol
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