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Topic: [ANN][VOOT] OLD THREAD - page 202. (Read 302210 times)

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June 24, 2014, 01:52:57 PM
why the price is down now?  Shocked
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June 24, 2014, 01:51:04 PM
Springfield, I wish I would have seen this over a year ago. This is great advice that I have learned in pieces over the past year plus.  I still will be saving this for those days when I need to be reassured. 

Glad I can be of help. When I started with crypto trading I got burned on occasion, age old principles of stock market and FOREX trading did not seem to apply to crypto. I put this out here to try and help newcomers, so they won't have to make the same mistakes Smiley
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June 24, 2014, 01:30:38 PM
Springfield, I wish I would have seen this over a year ago. This is great advice that I have learned in pieces over the past year plus.  I still will be saving this for those days when I need to be reassured. 
hero member
Activity: 966
Merit: 550
June 24, 2014, 01:16:10 PM
My previous posts about crypto trading recieved some good comments, I thought I'd do a quick follow up and give you some pointers. I realize I am in the Vootcoin thread, but I think this coin for some reason is attracting a lot of new blood, so that is why I decided to post here. What I am going to say does apply to all crypto trading, not just to Vootcoin. I am invested in Vootcoin though (among some other coins)

Springfield's 6 rules of crypto trading

1. It ain't a loss if you don't sell.

Meaning that even if the coin you invested in drops a lot in value you haven't lost yet. You lose when you put in your sell orders. Unless there is something really wrong with a coin, i.e. developers running away, selling off premine, fundamental technical flaws etc etc there is absolutely no reason to sell at a loss. Remember my previous posts, you should ban all emotion in trading, you should only play with money that you can afford to lose. Look at it this way, if you go out drinking with your buddies you bring some cash. At the end of the night it's all gone, do you think with every beer you buy "Oh man I am down another $5" no? Good, you should think the same way about your money you invested in a coin. Markets fluctuate, even a sharp drop in price does not mean the coin is dead.

2. It ain't profit if you haven't sold.

This might sound contradictory to rule 1, but as I said earlier: decide a pricepoint at which you will sell the majority (see rule 3) of your investment. Of course we all fantasize about "what if this and that coin reaches $10? I'd be rich" it's good to daydream, but it won't help you because it's all emotion and we have learned that emotion will destroy solid trading decisions. At night, away from the computer, dream by all means. But when trading be focused. Say you buy a coin at 1000 Satoshi and based on analysis you think it's a good investment, decide a point at which you will sell. Is it 5000 satoshi? 7500 satoshi? Your call, go with what you think is possible. There is no way to predict which levels a coin will reach. After you set your exit price, stick to it & do not get greedy. Even if you buy your coin on Monday morning, and your target price is reached in the afternoon, sell You never know what will happen. There is however another strategy. Say you buy 200 units of coin X at 1000 satoshi, you dediced you exit point is 4000 satoshi. The price skyrockets and a couple of hours later coin X is trading at 4000 satoshi. You have to sell right? You can but if you have strong indicators that the coin will rise further, you could also sell 50 units at 4000 satoshi to get your initial investment back. This way you partake in the gamble risk free, but again set your new exit price. Repeat if the market conditions seem to favor this strategy.

3. Never sell all your coins

Even if you decided to exit at a certain price point, never sell a 100 percent of your coins, sell 90% to 95% you never know what will happen. Those 5 to 10 percent of your remaining coins could very well rise 1000% in value, but even if they turn to dust the loss is negligible. Just let them sit in your wallet and forget about them, look once a month at the going rate.

4. Analyze your coin

In stock market trading we call this performing due dilligence. Meaning analyzing the stock in which you are interested in. Translated to crypto trading you should ask questions like
Who are the developers? Are they senior members?
Check their post history, do they seem trustworthy.
What does the coin offer that other coins don't?
Do you understand the technicalities of the coin?
Look at daily volume, is it traded a lot or just a couple of hundred dollars a day? (check coinmarketcap.com and select "daily volume")
Etc etc
Basically ask yourself if the coin and it's developers look "legit" and sustainable But remember by no means can you be certain that a coin is legit crypto is all smoke and mirrors, it's the Wild West out here. There are no regulations, people can do whatever they want. But, you should try to analyze the best you can.

5. Don't get caught up in stories of people that get rich overnight

Yes it does happen, but it takes a large investment to get rich quickly and most people (including myself) will not risk investing large sums of money in crypto trading.
Profiting from crypto trading is slow and steady if you do it right. Of course you could drop $5000 in a coin you feel that is legit and hoping it quadruples overnight, but only if you can afford to lose it all. Most of the time however this approach will lead to loss.


6. Diversify your portfolio

Never put all of your money into one coin only. You can never be sure in this business. Let's say you have 1 Bitcoin you can invest, put fractions of it into multiple coins (after you looked into each coin of course) We call this hedging, even if one of your coins tanks in value only part of your total investment will be caught up in this downtrend.


The above rules are off the top of my head, should you have any questions feel free to ask.

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June 24, 2014, 12:42:54 PM
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June 24, 2014, 12:38:02 PM
Logo contest ends tomorrow 8AM EST!
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To ease your mind, here is also nitesend transaction logs from VootCoin transfer:

Code:
Nitesend CommitTransaction:
CTransaction(hash=bc92ee60d7, nTime=1403629963, ver=1, vin.size=1, vout.size=2, nLockTime=1403630563)
    CTxIn(COutPoint(e96b43f547, 0), scriptSig=304402203c473e65bda173e4, nSequence=1105092332)
    CTxOut(nValue=5244.14423298, scriptPubKey=OP_DUP OP_HASH160 bb4a6e89de5772de9b050e0988071c491257bb7f OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=4.00, scriptPubKey=OP_DUP OP_HASH160 4cac0d6698f855ad071a17c7547b7ef2f6442e9b OP_EQUALVERIFY OP_CHECKSIG)
CommitTransaction:
CTransaction(hash=bc92ee60d7, nTime=1403629963, ver=1, vin.size=1, vout.size=2, nLockTime=1403630563)
    CTxIn(COutPoint(e96b43f547, 0), scriptSig=304402203c473e65bda173e4, nSequence=1105092332)
    CTxOut(nValue=5244.14423298, scriptPubKey=OP_DUP OP_HASH160 bb4a6e89de5772de9b050e0988071c491257bb7f OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=4.00, scriptPubKey=OP_DUP OP_HASH160 4cac0d6698f855ad071a17c7547b7ef2f6442e9b OP_EQUALVERIFY OP_CHECKSIG)
AddToWallet bc92ee60d7  new
WalletUpdateSpent found spent coin 5248.14424298 SUM e96b43f54799837f627604651da80f28466bd2806d1c98403b51025b6eab6855
NotifyTransactionChanged e96b43f54799837f627604651da80f28466bd2806d1c98403b51025b6eab6855 status=1
NotifyTransactionChanged bc92ee60d786a0f069f9cff884fc500561a7a55c5beb75c9b05068cf6268fc0f status=0
NotifyTransactionChanged e96b43f54799837f627604651da80f28466bd2806d1c98403b51025b6eab6855 status=1
CTxMemPool::accept() : accepted bc92ee60d7 (poolsz 1)
CTxMemPool::accept() : accepted CTransaction(hash=bc92ee60d7, nTime=1403629963, ver=1, vin.size=1, vout.size=2, nLockTime=1403630563)
    CTxIn(COutPoint(e96b43f547, 0), scriptSig=304402203c473e65bda173e4, nSequence=1105092332)
    CTxOut(nValue=5244.14423298, scriptPubKey=OP_DUP OP_HASH160 bb4a6e89de5772de9b050e0988071c491257bb7f OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=4.00, scriptPubKey=OP_DUP OP_HASH160 4cac0d6698f855ad071a17c7547b7ef2f6442e9b OP_EQUALVERIFY OP_CHECKSIG)

Relaying wtx bc92ee60d7
net.cpp RelayTransaction type = 3
updateWallet e96b43f54799837f627604651da80f28466bd2806d1c98403b51025b6eab6855 1
   inWallet=1 inModel=1 Index=7-8 showTransaction=1 derivedStatus=1
updateWallet bc92ee60d786a0f069f9cff884fc500561a7a55c5beb75c9b05068cf6268fc0f 0
   inWallet=1 inModel=0 Index=6-6 showTransaction=1 derivedStatus=0
updateWallet e96b43f54799837f627604651da80f28466bd2806d1c98403b51025b6eab6855 1
   inWallet=1 inModel=1 Index=8-9 showTransaction=1 derivedStatus=1
received getdata for: ctx bc92ee60d786a0f069f9
Flushing wallet.dat
Flushed wallet.dat 32ms
CTxMemPool::accept() : accepted 7315e8cd86 (poolsz 2)
CTxMemPool::accept() : accepted CTransaction(hash=7315e8cd86, nTime=1403629977, ver=1, vin.size=3, vout.size=2, nLockTime=1403630563)
    CTxIn(COutPoint(94ca58603b, 0), scriptSig=3045022100e23facd09451db, nSequence=1105092332)
    CTxIn(COutPoint(588c5bd999, 1), scriptSig=3044022100e435c1782d891e, nSequence=1105092332)
    CTxIn(COutPoint(e96b43f547, 1), scriptSig=304402200e025e57b87f6082, nSequence=1105092332)
    CTxOut(nValue=0.09998, scriptPubKey=OP_DUP OP_HASH160 8f00af5158590a7b49ee943d5844aa2046a85cdf OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=2.90, scriptPubKey=OP_DUP OP_HASH160 64abf1124fd5d650db3e7ce43ee011d2d0dadbf1 OP_EQUALVERIFY OP_CHECKSIG)

AddToWallet 7315e8cd86  new
NotifyTransactionChanged 7315e8cd86261a61e14d7f8896feeee85364a3084d121bb722d4d15d76bdf99d status=0
updateWallet 7315e8cd86261a61e14d7f8896feeee85364a3084d121bb722d4d15d76bdf99d 0
   inWallet=1 inModel=0 Index=4-4 showTransaction=1 derivedStatus=0
net.cpp RelayTransaction type = 3
BuildCollectedTransaction : checking  CTransaction(hash=7315e8cd86, nTime=1403629977, ver=1, vin.size=3, vout.size=2, nLockTime=1403630563)
    CTxIn(COutPoint(94ca58603b, 0), scriptSig=3045022100e23facd09451db, nSequence=1105092332)
    CTxIn(COutPoint(588c5bd999, 1), scriptSig=3044022100e435c1782d891e, nSequence=1105092332)
    CTxIn(COutPoint(e96b43f547, 1), scriptSig=304402200e025e57b87f6082, nSequence=1105092332)
    CTxOut(nValue=0.09998, scriptPubKey=OP_DUP OP_HASH160 8f00af5158590a7b49ee943d5844aa2046a85cdf OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=2.90, scriptPubKey=OP_DUP OP_HASH160 64abf1124fd5d650db3e7ce43ee011d2d0dadbf1 OP_EQUALVERIFY OP_CHECKSIG)

BuildCollectedTransaction : checking  CTransaction(hash=bc92ee60d7, nTime=1403629963, ver=1, vin.size=1, vout.size=2, nLockTime=1403630563)
    CTxIn(COutPoint(e96b43f547, 0), scriptSig=304402203c473e65bda173e4, nSequence=1105092332)
    CTxOut(nValue=5244.14423298, scriptPubKey=OP_DUP OP_HASH160 bb4a6e89de5772de9b050e0988071c491257bb7f OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=4.00, scriptPubKey=OP_DUP OP_HASH160 4cac0d6698f855ad071a17c7547b7ef2f6442e9b OP_EQUALVERIFY OP_CHECKSIG)

BuildCollectedTransaction : generated CTransaction(hash=5f0e386246, nTime=1403630563, ver=1, vin.size=4, vout.size=4, nLockTime=0)
    CTxIn(COutPoint(94ca58603b, 0), scriptSig=3045022100e23facd09451db, nSequence=1105092332)
    CTxIn(COutPoint(588c5bd999, 1), scriptSig=3044022100e435c1782d891e, nSequence=1105092332)
    CTxIn(COutPoint(e96b43f547, 1), scriptSig=304402200e025e57b87f6082, nSequence=1105092332)
    CTxIn(COutPoint(e96b43f547, 0), scriptSig=304402203c473e65bda173e4, nSequence=1105092332)
    CTxOut(nValue=0.09998, scriptPubKey=OP_DUP OP_HASH160 8f00af5158590a7b49ee943d5844aa2046a85cdf OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=2.90, scriptPubKey=OP_DUP OP_HASH160 64abf1124fd5d650db3e7ce43ee011d2d0dadbf1 OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=5244.14423298, scriptPubKey=OP_DUP OP_HASH160 bb4a6e89de5772de9b050e0988071c491257bb7f OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=4.00, scriptPubKey=OP_DUP OP_HASH160 4cac0d6698f855ad071a17c7547b7ef2f6442e9b OP_EQUALVERIFY OP_CHECKSIG)

BuildCollectedTransaction : I have joined this transaction!
BuildCollectedTransaction : Not Signed CTxIn(COutPoint(94ca58603b, 0), scriptSig=3045022100e23facd09451db)
BuildCollectedTransaction : Not Signed CTxIn(COutPoint(588c5bd999, 1), scriptSig=3044022100e435c1782d891e)
BuildCollectedTransaction : Not Signed CTxIn(COutPoint(e96b43f547, 1), scriptSig=304402200e025e57b87f6082)
BuildCollectedTransaction : Signed CTxIn(COutPoint(e96b43f547, 0), scriptSig=304402204a35d347cdff3d48)
BuildCollectedTransaction : signed my part CTransaction(hash=e810a1d3a2, nTime=1403630563, ver=1, vin.size=4, vout.size=4, nLockTime=0)
    CTxIn(COutPoint(94ca58603b, 0), scriptSig=3045022100e23facd09451db, nSequence=1105092332)
    CTxIn(COutPoint(588c5bd999, 1), scriptSig=3044022100e435c1782d891e, nSequence=1105092332)
    CTxIn(COutPoint(e96b43f547, 1), scriptSig=304402200e025e57b87f6082, nSequence=1105092332)
    CTxIn(COutPoint(e96b43f547, 0), scriptSig=304402204a35d347cdff3d48)
    CTxOut(nValue=0.09998, scriptPubKey=OP_DUP OP_HASH160 8f00af5158590a7b49ee943d5844aa2046a85cdf OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=2.90, scriptPubKey=OP_DUP OP_HASH160 64abf1124fd5d650db3e7ce43ee011d2d0dadbf1 OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=5244.14423298, scriptPubKey=OP_DUP OP_HASH160 bb4a6e89de5772de9b050e0988071c491257bb7f OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=4.00, scriptPubKey=OP_DUP OP_HASH160 4cac0d6698f855ad071a17c7547b7ef2f6442e9b OP_EQUALVERIFY OP_CHECKSIG)

Relaying wtx e810a1d3a2
net.cpp RelayTransaction type = 3
received getdata for: ctx e810a1d3a250874e64a9
CTxMemPool::accept() : accepted c68a9805dc (poolsz 1)
CTxMemPool::accept() : accepted CTransaction(hash=c68a9805dc, nTime=1403630563, ver=1, vin.size=4, vout.size=4, nLockTime=0)
    CTxIn(COutPoint(94ca58603b, 0), scriptSig=304402201876d7ba350764b8)
    CTxIn(COutPoint(588c5bd999, 1), scriptSig=304402206d97cbbd2c759557)
    CTxIn(COutPoint(e96b43f547, 1), scriptSig=3045022100e03b72abe17ff0)
    CTxIn(COutPoint(e96b43f547, 0), scriptSig=304402204a35d347cdff3d48)
    CTxOut(nValue=0.09998, scriptPubKey=OP_DUP OP_HASH160 8f00af5158590a7b49ee943d5844aa2046a85cdf OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=2.90, scriptPubKey=OP_DUP OP_HASH160 64abf1124fd5d650db3e7ce43ee011d2d0dadbf1 OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=5244.14423298, scriptPubKey=OP_DUP OP_HASH160 bb4a6e89de5772de9b050e0988071c491257bb7f OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=4.00, scriptPubKey=OP_DUP OP_HASH160 4cac0d6698f855ad071a17c7547b7ef2f6442e9b OP_EQUALVERIFY OP_CHECKSIG)

AddToWallet c68a9805dc  new
NotifyTransactionChanged c68a9805dce9db80eae070aad85b4a920d45758cafc5e47e4860fd9ca37b381c status=0
net.cpp RelayTransaction type = 1
updateWallet c68a9805dce9db80eae070aad85b4a920d45758cafc5e47e4860fd9ca37b381c 0
   inWallet=1 inModel=0 Index=8-8 showTransaction=1 derivedStatus=0
received getdata for: tx c68a9805dce9db80eae0
received getdata for: tx c68a9805dce9db80eae0
received getdata for: tx c68a9805dce9db80eae0
received getdata for: tx c68a9805dce9db80eae0
Flushing wallet.dat
Flushed wallet.dat 25ms

Code:
CTxMemPool::accept() : accepted CTransaction(hash=bc92ee60d7, nTime=1403629963, ver=1, vin.size=1, vout.size=2, nLockTime=1403630563)
    CTxIn(COutPoint(e96b43f547, 0), scriptSig=304402203c473e65bda173e4, nSequence=1105092332)
    CTxOut(nValue=5244.14423298, scriptPubKey=OP_DUP OP_HASH160 bb4a6e89de5772de9b050e0988071c491257bb7f OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=4.00, scriptPubKey=OP_DUP OP_HASH160 4cac0d6698f855ad071a17c7547b7ef2f6442e9b OP_EQUALVERIFY OP_CHECKSIG)

AddToWallet bc92ee60d7  new
NotifyTransactionChanged bc92ee60d786a0f069f9cff884fc500561a7a55c5beb75c9b05068cf6268fc0f status=0
net.cpp RelayTransaction type = 3
updateWallet bc92ee60d786a0f069f9cff884fc500561a7a55c5beb75c9b05068cf6268fc0f 0
   inWallet=1 inModel=0 Index=4-4 showTransaction=1 derivedStatus=0
BuildCollectedTransaction : checking  CTransaction(hash=bc92ee60d7, nTime=1403629963, ver=1, vin.size=1, vout.size=2, nLockTime=1403630563)
    CTxIn(COutPoint(e96b43f547, 0), scriptSig=304402203c473e65bda173e4, nSequence=1105092332)
    CTxOut(nValue=5244.14423298, scriptPubKey=OP_DUP OP_HASH160 bb4a6e89de5772de9b050e0988071c491257bb7f OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=4.00, scriptPubKey=OP_DUP OP_HASH160 4cac0d6698f855ad071a17c7547b7ef2f6442e9b OP_EQUALVERIFY OP_CHECKSIG)

BuildCollectedTransaction : generated CTransaction(hash=b9f3ace0e4, nTime=1403630563, ver=1, vin.size=1, vout.size=2, nLockTime=0)
    CTxIn(COutPoint(e96b43f547, 0), scriptSig=304402203c473e65bda173e4, nSequence=1105092332)
    CTxOut(nValue=5244.14423298, scriptPubKey=OP_DUP OP_HASH160 bb4a6e89de5772de9b050e0988071c491257bb7f OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=4.00, scriptPubKey=OP_DUP OP_HASH160 4cac0d6698f855ad071a17c7547b7ef2f6442e9b OP_EQUALVERIFY OP_CHECKSIG)

Flushing wallet.dat
Flushed wallet.dat 5ms
keypool added key 104, size=101
Nitesend CommitTransaction:
CTransaction(hash=7315e8cd86, nTime=1403629977, ver=1, vin.size=3, vout.size=2, nLockTime=1403630563)
    CTxIn(COutPoint(94ca58603b, 0), scriptSig=3045022100e23facd09451db, nSequence=1105092332)
    CTxIn(COutPoint(588c5bd999, 1), scriptSig=3044022100e435c1782d891e, nSequence=1105092332)
    CTxIn(COutPoint(e96b43f547, 1), scriptSig=304402200e025e57b87f6082, nSequence=1105092332)
    CTxOut(nValue=0.09998, scriptPubKey=OP_DUP OP_HASH160 8f00af5158590a7b49ee943d5844aa2046a85cdf OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=2.90, scriptPubKey=OP_DUP OP_HASH160 64abf1124fd5d650db3e7ce43ee011d2d0dadbf1 OP_EQUALVERIFY OP_CHECKSIG)
CommitTransaction:
CTransaction(hash=7315e8cd86, nTime=1403629977, ver=1, vin.size=3, vout.size=2, nLockTime=1403630563)
    CTxIn(COutPoint(94ca58603b, 0), scriptSig=3045022100e23facd09451db, nSequence=1105092332)
    CTxIn(COutPoint(588c5bd999, 1), scriptSig=3044022100e435c1782d891e, nSequence=1105092332)
    CTxIn(COutPoint(e96b43f547, 1), scriptSig=304402200e025e57b87f6082, nSequence=1105092332)
    CTxOut(nValue=0.09998, scriptPubKey=OP_DUP OP_HASH160 8f00af5158590a7b49ee943d5844aa2046a85cdf OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=2.90, scriptPubKey=OP_DUP OP_HASH160 64abf1124fd5d650db3e7ce43ee011d2d0dadbf1 OP_EQUALVERIFY OP_CHECKSIG)
AddToWallet 7315e8cd86  new
WalletUpdateSpent found spent coin 0.99999 SUM 94ca58603bd8ff52ae8371507a9c512b6b4af9f8b5715ae9dbc6282bae3f7936
NotifyTransactionChanged 94ca58603bd8ff52ae8371507a9c512b6b4af9f8b5715ae9dbc6282bae3f7936 status=1
WalletUpdateSpent found spent coin 1.00 SUM 588c5bd9997aeabfb935e48d0afbdb43e5aa6fd2885d2e4afd05438e06fbb15e
NotifyTransactionChanged 588c5bd9997aeabfb935e48d0afbdb43e5aa6fd2885d2e4afd05438e06fbb15e status=1
WalletUpdateSpent found spent coin 1.00 SUM e96b43f54799837f627604651da80f28466bd2806d1c98403b51025b6eab6855
NotifyTransactionChanged e96b43f54799837f627604651da80f28466bd2806d1c98403b51025b6eab6855 status=1
NotifyTransactionChanged 7315e8cd86261a61e14d7f8896feeee85364a3084d121bb722d4d15d76bdf99d status=0
NotifyTransactionChanged 94ca58603bd8ff52ae8371507a9c512b6b4af9f8b5715ae9dbc6282bae3f7936 status=1
NotifyTransactionChanged 588c5bd9997aeabfb935e48d0afbdb43e5aa6fd2885d2e4afd05438e06fbb15e status=1
NotifyTransactionChanged e96b43f54799837f627604651da80f28466bd2806d1c98403b51025b6eab6855 status=1
CTxMemPool::accept() : accepted 7315e8cd86 (poolsz 2)
CTxMemPool::accept() : accepted CTransaction(hash=7315e8cd86, nTime=1403629977, ver=1, vin.size=3, vout.size=2, nLockTime=1403630563)
    CTxIn(COutPoint(94ca58603b, 0), scriptSig=3045022100e23facd09451db, nSequence=1105092332)
    CTxIn(COutPoint(588c5bd999, 1), scriptSig=3044022100e435c1782d891e, nSequence=1105092332)
    CTxIn(COutPoint(e96b43f547, 1), scriptSig=304402200e025e57b87f6082, nSequence=1105092332)
    CTxOut(nValue=0.09998, scriptPubKey=OP_DUP OP_HASH160 8f00af5158590a7b49ee943d5844aa2046a85cdf OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=2.90, scriptPubKey=OP_DUP OP_HASH160 64abf1124fd5d650db3e7ce43ee011d2d0dadbf1 OP_EQUALVERIFY OP_CHECKSIG)

Relaying wtx 7315e8cd86
net.cpp RelayTransaction type = 3
updateWallet 94ca58603bd8ff52ae8371507a9c512b6b4af9f8b5715ae9dbc6282bae3f7936 1
   inWallet=1 inModel=1 Index=3-4 showTransaction=1 derivedStatus=1
updateWallet 588c5bd9997aeabfb935e48d0afbdb43e5aa6fd2885d2e4afd05438e06fbb15e 1
   inWallet=1 inModel=1 Index=2-3 showTransaction=1 derivedStatus=1
updateWallet e96b43f54799837f627604651da80f28466bd2806d1c98403b51025b6eab6855 1
   inWallet=1 inModel=1 Index=5-6 showTransaction=1 derivedStatus=1
updateWallet 7315e8cd86261a61e14d7f8896feeee85364a3084d121bb722d4d15d76bdf99d 0
   inWallet=1 inModel=0 Index=3-3 showTransaction=1 derivedStatus=0
updateWallet 94ca58603bd8ff52ae8371507a9c512b6b4af9f8b5715ae9dbc6282bae3f7936 1
   inWallet=1 inModel=1 Index=4-5 showTransaction=1 derivedStatus=1
updateWallet 588c5bd9997aeabfb935e48d0afbdb43e5aa6fd2885d2e4afd05438e06fbb15e 1
   inWallet=1 inModel=1 Index=2-3 showTransaction=1 derivedStatus=1
updateWallet e96b43f54799837f627604651da80f28466bd2806d1c98403b51025b6eab6855 1
   inWallet=1 inModel=1 Index=6-7 showTransaction=1 derivedStatus=1
received getdata for: ctx 7315e8cd86261a61e14d
CTxMemPool::accept() : accepted e810a1d3a2 (poolsz 1)
CTxMemPool::accept() : accepted CTransaction(hash=e810a1d3a2, nTime=1403630563, ver=1, vin.size=4, vout.size=4, nLockTime=0)
    CTxIn(COutPoint(94ca58603b, 0), scriptSig=3045022100e23facd09451db, nSequence=1105092332)
    CTxIn(COutPoint(588c5bd999, 1), scriptSig=3044022100e435c1782d891e, nSequence=1105092332)
    CTxIn(COutPoint(e96b43f547, 1), scriptSig=304402200e025e57b87f6082, nSequence=1105092332)
    CTxIn(COutPoint(e96b43f547, 0), scriptSig=304402204a35d347cdff3d48)
    CTxOut(nValue=0.09998, scriptPubKey=OP_DUP OP_HASH160 8f00af5158590a7b49ee943d5844aa2046a85cdf OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=2.90, scriptPubKey=OP_DUP OP_HASH160 64abf1124fd5d650db3e7ce43ee011d2d0dadbf1 OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=5244.14423298, scriptPubKey=OP_DUP OP_HASH160 bb4a6e89de5772de9b050e0988071c491257bb7f OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=4.00, scriptPubKey=OP_DUP OP_HASH160 4cac0d6698f855ad071a17c7547b7ef2f6442e9b OP_EQUALVERIFY OP_CHECKSIG)

AddToWallet e810a1d3a2  new
NotifyTransactionChanged e810a1d3a250874e64a988f6edd9588e0279287ce1a645682cd3b33be44c9168 status=0
updateWallet e810a1d3a250874e64a988f6edd9588e0279287ce1a645682cd3b33be44c9168 0
   inWallet=1 inModel=0 Index=6-6 showTransaction=1 derivedStatus=0
net.cpp RelayTransaction type = 3
BuildCollectedTransaction : I have joined this transaction!
BuildCollectedTransaction : Signed CTxIn(COutPoint(94ca58603b, 0), scriptSig=304402201876d7ba350764b8)
BuildCollectedTransaction : Signed CTxIn(COutPoint(588c5bd999, 1), scriptSig=304402206d97cbbd2c759557)
BuildCollectedTransaction : Signed CTxIn(COutPoint(e96b43f547, 1), scriptSig=3045022100e03b72abe17ff0)
BuildCollectedTransaction : VerifyScript passed CTxIn(COutPoint(e96b43f547, 0), scriptSig=304402204a35d347cdff3d48)
BuildCollectedTransaction : signed my part CTransaction(hash=c68a9805dc, nTime=1403630563, ver=1, vin.size=4, vout.size=4, nLockTime=0)
    CTxIn(COutPoint(94ca58603b, 0), scriptSig=304402201876d7ba350764b8)
    CTxIn(COutPoint(588c5bd999, 1), scriptSig=304402206d97cbbd2c759557)
    CTxIn(COutPoint(e96b43f547, 1), scriptSig=3045022100e03b72abe17ff0)
    CTxIn(COutPoint(e96b43f547, 0), scriptSig=304402204a35d347cdff3d48)
    CTxOut(nValue=0.09998, scriptPubKey=OP_DUP OP_HASH160 8f00af5158590a7b49ee943d5844aa2046a85cdf OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=2.90, scriptPubKey=OP_DUP OP_HASH160 64abf1124fd5d650db3e7ce43ee011d2d0dadbf1 OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=5244.14423298, scriptPubKey=OP_DUP OP_HASH160 bb4a6e89de5772de9b050e0988071c491257bb7f OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=4.00, scriptPubKey=OP_DUP OP_HASH160 4cac0d6698f855ad071a17c7547b7ef2f6442e9b OP_EQUALVERIFY OP_CHECKSIG)

BuildCollectedTransaction : NiteSend transaction is complete, broadcasting.
CTxMemPool::accept() : accepted c68a9805dc (poolsz 1)
CTxMemPool::accept() : accepted CTransaction(hash=c68a9805dc, nTime=1403630563, ver=1, vin.size=4, vout.size=4, nLockTime=0)
    CTxIn(COutPoint(94ca58603b, 0), scriptSig=304402201876d7ba350764b8)
    CTxIn(COutPoint(588c5bd999, 1), scriptSig=304402206d97cbbd2c759557)
    CTxIn(COutPoint(e96b43f547, 1), scriptSig=3045022100e03b72abe17ff0)
    CTxIn(COutPoint(e96b43f547, 0), scriptSig=304402204a35d347cdff3d48)
    CTxOut(nValue=0.09998, scriptPubKey=OP_DUP OP_HASH160 8f00af5158590a7b49ee943d5844aa2046a85cdf OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=2.90, scriptPubKey=OP_DUP OP_HASH160 64abf1124fd5d650db3e7ce43ee011d2d0dadbf1 OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=5244.14423298, scriptPubKey=OP_DUP OP_HASH160 bb4a6e89de5772de9b050e0988071c491257bb7f OP_EQUALVERIFY OP_CHECKSIG)
    CTxOut(nValue=4.00, scriptPubKey=OP_DUP OP_HASH160 4cac0d6698f855ad071a17c7547b7ef2f6442e9b OP_EQUALVERIFY OP_CHECKSIG)

Relaying wtx c68a9805dc
net.cpp RelayTransaction type = 1

http://chainz.cryptoid.info/voot/tx.dws?c68a9805dce9db80eae070aad85b4a920d45758cafc5e47e4860fd9ca37b381c.htm
sr. member
Activity: 322
Merit: 250
June 24, 2014, 12:26:53 PM
Time to vote guys, we are in the voting list for coinwarz

https://twitter.com/CoinWarz/status/481487587702370305
newbie
Activity: 39
Merit: 0
June 24, 2014, 12:03:55 PM
quod nempe propter bonum Cheesy
member
Activity: 112
Merit: 10
June 24, 2014, 11:28:44 AM


we are on a journey! keep it up voot.

130 24hr BTC volume on Bittrex!

Next stop: DA MOON
sr. member
Activity: 322
Merit: 250
June 24, 2014, 11:25:40 AM


we are on a journey! keep it up voot.
member
Activity: 112
Merit: 10
June 24, 2014, 10:53:39 AM


VOOT will reach 5k-10k by next week.

Volume will top 150 BTC today, with Mintpal right around the corner.
newbie
Activity: 56
Merit: 0
June 24, 2014, 10:51:35 AM
People who think a single person can bring down the price of a coin are really obtuse. Let me tell you what happens:

Stages of a coin by SpringfieldM1A

1. Coin gets an announcement, people chime in on the thread, some start mining, some start yelling scam.
2. Coin gets added to an exchange, trading below 100 satoshi. Some normal people buy, some whales accumulate tons of coins. Price rises a little
3. Dev posts positive announcement in thread, some people are ecstatic, a little more people start yelling "scam" and "proof", price shoots up
4. Coin is now starting to trade around 1000 satoshis, peaking at 1500.
5. Dev posts new update, price shoots up again due to whales pumping, more people buy
6. FUD storm starts, people discrediting the coin, whales pull off epic dump, price drops 30 % to 40 % people are afraid and sell their coins cheap.
7. Coin starts trading in lower 500 satoshi range, whales accumulate
8. Silence for some time, 10 days at maximum
9. Dev posts another update, confirming he was legit all the time, whales now pull off an epic pump
10. Make or break point, coin will either grow naturally without the "help" of whales or crash into oblivion due to competition or fundamental flaws.

Can you see what is happening? Whales capitalize on good or bad news, they feed on both your fear and bullish sentiments. This will continue until a coin has a large enough market cap where it will be a lot harder to influence the price by large pumps or dumps. But remember above all: if there isn't found a substantiated flaw in a coin's infrastructure there is no reason for the price to go down. Stop trading with emotion.

Whales look for any signs of fear sentiments in the market, they will dump hard and inexperienced people see the price go down and think "Oh my god the coin is crashing" and sell. This is exactly what happened to VOOT, a single user (inadvertedly) posts serious FUD ammo for whales to massively dump, but there is nothing wrong with VOOT ! It is one of the coins that actually delivered a working anon function.

It works both ways, if whales spot bullish sentiments they pump.

Sometimes you see a massive dump on good news, why is that you may ask? Well if the news is really good, whales see potential in a coin and they want to buy more for a cheaper price. They dump to initiate panic sells "Hey I thought the news was good? why is the price dropping? I'd better sell" is what new people think, then proceed to dump their coins right into the whales' buy order. This will make the rich richer and the poor lose their shirt. Advice: keep an eye on the rich list of a coin in times of percieved crisis, you will probably see the top 50 or so addresses accumulate, while the smaller holders lose coins.

PROTIPS:
Do not invest more than you can afford to lose. This will take out the emotional factor in trading at least a little bit.
Consider your money "lost" the moment you invest in a coin, don't get emotionally attached to your invested fiat ever.
Decide an exit price for yourself and stick to it, don't be too greedy.
Do not cry over losses, this is crypto. You will probably lose a lot before winning. A win can compensate for all your losses though and then some.
Do not cry if you sold "too soon", profit is profit.


I learnt the coin was taken over after the dev left. If you ask for my opinion, i would say this id practical example of "never die spirit of the community" Keep it up people!

ty for this post. I also hold voot because of the community's amazing work at relaunching this one.
hero member
Activity: 826
Merit: 1000
June 24, 2014, 10:46:54 AM
Great work devs!! I love waking up to a 25% increase in my holdings.  Smiley
newbie
Activity: 56
Merit: 0
June 24, 2014, 10:45:29 AM
I have come to noticed that both fudders and the people that hype a coin are the same. As a matter of fact, people that hype a coin are more dangerous than the fudders!
Newbie-you are welcome in VOOT community. Grin Grin Grin Grin
Thank you!
member
Activity: 112
Merit: 10
June 24, 2014, 10:42:57 AM
Fuck all those other shitcoins that launch as a clone with no real development, some even going as far as photoshopping fake wallet "preview" images to pump the price and then quickly dump to scam the community.

Vootcoin is where it's at people, real developers that are actually making progress to stand out instead of just being another worthless clone.

Agreed. Everyone claimed they had anon transactions "in development"
sr. member
Activity: 322
Merit: 250
June 24, 2014, 08:53:26 AM
Fuck all those other shitcoins that launch as a clone with no real development, some even going as far as photoshopping fake wallet "preview" images to pump the price and then quickly dump to scam the community.

Vootcoin is where it's at people, real developers that are actually making progress to stand out instead of just being another worthless clone.
voot and sync guys, sync has great potential!
full member
Activity: 154
Merit: 100
June 24, 2014, 08:48:03 AM
Fuck all those other shitcoins that launch as a clone with no real development, some even going as far as photoshopping fake wallet "preview" images to pump the price and then quickly dump to scam the community.

Vootcoin is where it's at people, real developers that are actually making progress to stand out instead of just being another worthless clone.
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