Topic: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh) - page 271. (Read 466799 times)

We're on Bleutrade now too!

https://bleutrade.com/exchange/SLR

To the Sun!!!

Nice!

Hey all, I got a PM that this exchange plans to do a giveaway of SLR so I sent them §2000 to work with. Every little bit helps I guess. 

Added to the OP. Happy trading! 

When is the POS supposed to be in place?  Also is there any chance of SLR being added to another exchange?

Good for your hard working.

I am curious about "important progress"

Thank you for all the effort put into this.

Nick

Looks like someone may have read my comments as the spread has nicely tightened up  

Edited: oops spoke to soon , looks like someone else didn't like the tight spread and opened it back up again because the bots are back after whoever it was took all that buy wall out of 500's

Thanks for the explanation! 

They seem to be using a software something like Quatloo trader that now has the function of running arbitrage on Bittrex, where you can set it to buy low and sell high, it will make sure their selling price is always at the top depending on what their minimum set spread is, which can and has driven the price down, it sells to all the small buys to bring the buying price down, the only way that slows it down is when the big 1000+ buys come in or the spread is very small.

We just need everybody's help to keep spread tight and don't give them the opportunity they will eventually move away.

At least they're providing some liquidity. Any good trader shouldn't "care" about the asset they are profiting from anyway, that way they can better make profits whether the market is trading up, down or sideways.

You refer to them as arbitrage bots, can you explain what you mean exactly? Arbitrage generally has a specific meaning of taking "risk free" profits that are on the table either across exchanges or across a series of trading pairs when prices are out of line with each other. Are you saying these bot programs are tied to the performance of other altcoins as well that trade on Bittrex? It doesn't look like there are bots on Allcrypt so it can't be exchange arbitrage. Or does arbitrage mean something different in altcoin land? That's always possible too. 

My opinion is that the person who is running arbitrage bots on slr to make a few extra cents a day has no interest in the coin if they did they would point it somewhere else, I have tested my theory many times and have always come to the same conclusion.

And if they are were to say they had a long term interest in SLR then they are not very smart or they wouldn't be running the bots

Thanks for your patience everyone.  Four of us from the CCN team are working around the clock to figure out some of the last issues with the source code on the POSV transition right now.  Since the only coin that has done a successful hardfork from litecoin PoW to POSV is Reddcoin  there is just not a lot of people out there to help us. We are reaching out to the greater Bitcoin development community and the core dev from Reddcoin and Shibecoin to get some help to get past this last hurdle.    It's not easy to go through all this code and get it working properly.  We are going through and comparing 3 different githubs and looking through all the code, recompiling, and testing.  The good news is that we have narrowed things down quite a bit.  There is really only one thing left to get working properly. We are also going to be much better developers because of this.

I hope to have the best news possible very soon.  I've pointed my miners at Solarcoin to help secure your network for the time being.

-Patrick

*edit* special thanks to Kassado from Rubycoin for his help as well

*edit x 2* we made some important progress since i first posted this just a couple hours ago, ciao

That movie was classic.

lol one of my favorite movie quotes Hopefully the guy running the bots will be screaming this one day.

LMFAO!!!

"Turn those machines back on" 

There's no meltdown…more like a shakedown.  Fear mongers are everywhere.

There's always problems with exchanges - people who leave their coins on/in exchanges are nuts!  Most of these exchanges are average Joe's, so why would you trust them?  In-and-out should be everyone's philosophy when using an exchange - get your coins back in your personal wallets / cold storage; at least until a regulated/trusted body gets involved.

There are some dumb/junk coins. It's time some of them went away.

Do your DD when choosing coins, specifically when it comes to the people behind them. This is what attracted me to solarcoin. Solid purpose/goal. Transparency. A charter. A team. A move to incorporation, non-profit. Nick. Educated professionals/volunteers backing/moving the cause.

I don't think programmers should drive the progress of a coin. Solarcoin has a Foundation, that needs to make the decisions. The technology development (blockchain) is the vehicle, but the developers do not drive it….that's just wrong, and too risky. I would be very weary of putting my money in a place that operates like that.

The cream will rise to the top in this space - and there are some great coins that are moving forward.  The strong will always survive.  I wouldn't sell anything right now.  I'm holding strong…and buying where the weak are giving.

I read drizzle's last post just after I posted the above and his take on the condition of the altcoin market overall is also important to keep in mind. In fact, it reinforces exactly what I suggested in my own post. Seriously consider where you want to put your money and at what price. It's a wild storm we are in, don't forget!