Topic: [ANN][XST] Stealth-Coin.com | Tor | StealthText, World's first anonymous SMS Tx! - page 256. (Read 748616 times)

This coin was my first moon-shot.  Also, first that I saw blatant price manipulation on.  It's very uncomfortable seeing those 50-btc sell walls that dwarf the average person's holdings over ten fold, for sure, but I had a laugh or two about it.

While I can see some benefit to the price of the coin, the downside is that your methods drain significant capital from the coin's other investors.  Ultimately, when your group moves on to other coins and take your gains with you, it leaves the economy with less money to invest in the coin although the price is arbitrarily higher.

I took quite a beating from it, personally.  At its peak, I had enough to get my damn wisdom teeth fixed.  It sucks trading in pain all day.

At this rate I'm about to take the Cast Away approach.

Listen, for real... What's your problem with pumpers coming in to the coin and taking it, not only to higher values but into the crypto spotlight.
I am right here, What is your problem? Are you holding cloak from 200+K? You mad at me that I got out of cloak when I realized that the dev were just feeding us trash?

Look at Librexcoin, we started there at 1000 sat, it hit 13K and is at over 5K today finding a new floor. And yes I sold some but only to add more lxc to my lxc collection after the greedy pigs got slaughtered. Real investors that invest in a con because of its strong fundamentals come out on top.. Greedy pigs who try to ride the waves and only care about the btc they can make in the next 20 minutes lose.. You sound like the latter but your desire to see this coin succeed baffles me.

So are you in it because you love the coin? or in it for the quick buck?  Dont worry about the pumpers.. Worry about the devs coming through, worry about answering questions from potential investors, worry about tweeting and bringing the positive news this coin has day after day to the masses. Not scaring them off because some whales are swimming in the water.

Everycoin including cloak is better off today value wise then it was before I started stacking only exception would be DCM and that dev team ran off.

So again, whats your problem?

I have problem because you guys tried to push the people to buy more XST because you guys going to pump the price.
You guys don't care about success of coin, you guys just want your money will multiplied many folds when you guys sell the coins.
You can do your activities on your thread or make new thread, but leave coin main thread for pumping the price.
I know almost every coins price once or many time pump and then dump when desire profit fulfilled.
But they mostly do not talk on coin main thread that we are going to pump the price so buy before we start to pump the price.
You guys doing here this because you already bought what you want to buy and now you guys want to sell, so you want
new investor will come and buy your coins on high price.

I am going to disagree with Hondo. Big time. But not only the "stat" is a complete fallacy (contrary to his opinion, the overwhelming majority of established coins do stake 50-80% or more of their float) the MOST important factor is that a coin that only stakes 20-25% is EXTREMELY vulnerable to a successful -and fatal, for it means the end of the coin- "double spending" attack. Better known as a "51% attack". For instance: If only 2 million Stealthcoin stake, anyone with much less than 2 million coins can carry out a successful attack. Even Owning "only" 1.6 million. Anything above that increases the speed of the success in the attack and, obviously, 2 million and one coin guarantees the success of the attack on first try. That means the immediate end of the coin. That's why it is so important that the  staking is as high as possible, at least above the 50% threshold.

But, according to Hondo's fallacy, then Stealthcoin doesn't provide 20% interest (or POS benefit) but much less in fact since the figure of 20% is reached under the false pretenses and calculations exposed above, the real figure -the one written in the code- is much lower, at -I imagine- 5%. Still quite crazy and impossible to sustain with time. Obviously Stealthcoin has not been designed with any idea of future, beyond the P&D phase.

To illustrate the situation I will offer the example of a similar coin -in figures-, Vericoin. It has just under 27 million coins. When 8 million of those were stolen from Mintpal a few weeks back, the devs were forced to fork the blockchain to the time previous to the theft, thus invalidating it. Otherwise, the coin was destroyed since 8 million coins were close to 100% of all the coins staking, therefore the attack would be almost immediately successful, if not at the first try. Vericoin, atm has a steady rate of staking -at much lower levels than 5% interest, less than half that in fact- of 15-20 million of it's total of 26.7 million coins.

I think this is the opposite, FUDing when pumping to buy cheap and asking to buy/creating demand when dumping (like on a release)

Listen, for real... What's your problem with pumpers coming in to the coin and taking it, not only to higher values but into the crypto spotlight.
I am right here, What is your problem? Are you holding cloak from 200+K? You mad at me that I got out of cloak when I realized that the dev were just feeding us trash?

Look at Librexcoin, we started there at 1000 sat, it hit 13K and is at over 5K today finding a new floor. And yes I sold some but only to add more lxc to my lxc collection after the greedy pigs got slaughtered. Real investors that invest in a con because of its strong fundamentals come out on top.. Greedy pigs who try to ride the waves and only care about the btc they can make in the next 20 minutes lose.. You sound like the latter but your desire to see this coin succeed baffles me.

So are you in it because you love the coin? or in it for the quick buck?  Dont worry about the pumpers.. Worry about the devs coming through, worry about answering questions from potential investors, worry about tweeting and bringing the positive news this coin has day after day to the masses. Not scaring them off because some whales are swimming in the water.

Everycoin including cloak is better off today value wise then it was before I started stacking only exception would be DCM and that dev team ran off.

So again, whats your problem?

I know, for me problem start when, pumping group start to talking on thread and asking other to buy more coins
because they will going to pump the coin price. It's not good, I never saw any coin thread where pumping group
openly saying that they will going to pump the price.

Smart money sold, can believers keep the price up?  

I agree, Hondo delivered what he promised, but we also know that there is clear sign of pump and dump group
who was pumping price and when innocent people buy they will start dumping, that is why I always want
price must be free, no manipulation atleast on coin thread.

I have suffered from price changes by manipulation, but I guess that's a property of a free market. The only rules against pumps and dumps are morale-based, and that fades with economic incentive and personal gain.  

I agree, Hondo delivered what he promised, but we also know that there is clear sign of pump and dump group
who was pumping price and when innocent people buy they will start dumping, that is why I always want
price must be free, no manipulation atleast on coin thread.

This is really the only coin I have seen for a while that has tempted me to invest in it. Can someone update me with any news or developments?

We all know that XST is not pump and dump coin HONDO deliver unique technology. I think majority are interested in new technology and not traders skills. It would be better if we talk about : Stealthsend-Whitepaper-Brief-201409.pdf

Thanks

I think majority are interested in new technology

AS I said, this coin looks very interesting.
1.An audit from Dan Metcalf
2.A lot less bloat with the advantages of ring signatures.

Can someone explain this?