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Topic: [CENT] Pennies launched - page 19. (Read 135142 times)

sr. member
Activity: 409
Merit: 252
January 01, 2014, 03:40:45 PM
Why would they close the cent/XPM market?  The volume is through the roof everyday, while people are making huge mistakes by (unwittingly) buying in the LTC market.

Because they closing ltc/xpm not by volume, but buy price. Volume is still high compared to other coins here (look at my message where i'm doing some calculations: https://bitcointalksearch.org/topic/m.4183210 ).. Price at xpm/cent at the floor now, so they easily can decide to close xpm/cent in future.. They are doing this because they know something. Remember btc-e news about closing trc/ftc markets then after a day or so this news was edited..?

cryptohunter, i fully agreed with you about interest of vern & john. And closing ltc market has the same point of interest..

I don't get it, how would they earn more interest if they closed the markets, as most people would more likely withdraw their cents at that point?

And besides, wallets at Cryptsy don't earn interest so Vern and John would have to buy their cent coins like the rest of us.

Finally, if they knew something they wouldn't close down the markets, they would be buying up a massive amount so I'm not following you there.  All the bad news is baked into cent - come jan 8th the volume will dry up and then cent can be used as a legitimate coin and it already has a purpose which, ironically, cent itself has already proved - that a new cheaper and very liquid coin is needed to properly price cheaper coins on all exchanges.

And I don't blame them for closing down the LTC market when cent is selling for 1/8th the lowest LTC price on the XPM market.  I would close down the LTC market (temporarily) simply as a fiduciary duty to my clients as many are unwittingly paying 8 times the current cent price not realizing how much cheaper cent is on the XPM market.

So again, I see nothing for Vern and John to personally gain by closing down the LTC market and especially the CENT/XPM market.
sr. member
Activity: 357
Merit: 250
January 01, 2014, 03:17:16 PM
Why would they close the cent/XPM market?  The volume is through the roof everyday, while people are making huge mistakes by (unwittingly) buying in the LTC market.

Because they closing ltc/xpm not by volume, but buy price. Volume is still high compared to other coins here (look at my message where i'm doing some calculations: https://bitcointalksearch.org/topic/m.4183210 ).. Price at xpm/cent at the floor now, so they easily can decide to close xpm/cent in future.. They are doing this because they know something. Remember btc-e news about closing trc/ftc markets then after a day or so this news was edited..?

cryptohunter, i fully agreed with you about interest of vern & john. And closing ltc market has the same point of interest..
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
January 01, 2014, 03:12:52 PM
You guys are talking crazy talk, there are trillions upon trillions of these. I can't see them going up at all and if they do it will be in the distant future. The LTC market is going to crash on to the xpm market soon.

You're right. If bigvern and jonh don't break their desicion of closing ltc/cent market, then they will decide soon to close xpm/cent market. Very high possibility. They must leave ltc/cent market, there are much more volume in ltc than at more than 10 other markets traded with ltc :/ There are exist buyers so anyone can sell @1ltc-satoshi. But... Houston, we have a problem

Why would they close the cent/XPM market?  The volume is through the roof everyday, while people are making huge mistakes by (unwittingly) buying in the LTC market.

What they (John and Vern) are seeing; however, is that they now need a new coin in addition to XPM to properly price cheaper more diluted coins of which there will be many in the near future and so cent makes the most sense as it's not a scamCoin nor a joke (like ShitCoin) so I would expect Cryptsy (and other exchanges) to soon add CENT as their mass market base currency and if that's the case you can bet they loaded up on trillions of CENT.  

It's clear to me someone has Been buying trillions, hand over fist - and it's not the regular joe as those guys had plenty from the huge interest payments and it's not those seeking the interest as it's too late for that now yet someone is still buying CENT by the trillions so it's someone with a plan.  

At this price (1 XPM-Satoshi) CENT is near riskless and the lower goal is 800% return which would be just 1 LTC-Satoshi.

I'm locked and loaded and after the 8th we should start to see how CENT is in-play.


I'm betting vern and john have super billions from the interest on their wallets. If they were smart they would have made a fortune from all the people that have them left on the exchange.

Will the interest be 100% stopped on the 8th?  how has catman managed this...has he really done it?
sr. member
Activity: 409
Merit: 252
January 01, 2014, 02:59:21 PM
You guys are talking crazy talk, there are trillions upon trillions of these. I can't see them going up at all and if they do it will be in the distant future. The LTC market is going to crash on to the xpm market soon.

You're right. If bigvern and jonh don't break their desicion of closing ltc/cent market, then they will decide soon to close xpm/cent market. Very high possibility. They must leave ltc/cent market, there are much more volume in ltc than at more than 10 other markets traded with ltc :/ There are exist buyers so anyone can sell @1ltc-satoshi. But... Houston, we have a problem

Why would they close the cent/XPM market?  The volume is through the roof everyday, while people are making huge mistakes by (unwittingly) buying in the LTC market.

What they (John and Vern) are seeing; however, is that they now need a new coin in addition to XPM to properly price cheaper more diluted coins of which there will be many in the near future and so cent makes the most sense as it's not a scamCoin nor a joke (like ShitCoin) so I would expect Cryptsy (and other exchanges) to soon add CENT as their mass market base currency and if that's the case you can bet they loaded up on trillions of CENT.  

It's clear to me someone has Been buying trillions, hand over fist - and it's not the regular joe as those guys had plenty from the huge interest payments and it's not those seeking the interest as it's too late for that now yet someone is still buying CENT by the trillions so it's someone with a plan.  

At this price (1 XPM-Satoshi) CENT is near riskless and the lower goal is 800% return which would be just 1 LTC-Satoshi.

I'm locked and loaded and after the 8th we should start to see how CENT is in-play.
sr. member
Activity: 409
Merit: 252
January 01, 2014, 02:51:33 PM

@dev,

Is there any reason why CENT isn't listed on CoinmarketCap?  Scams like orbit and NXT are on there and even 100% premined ripple, so why not cent?  I hope it's this bug which should be fixed soon.

Can the dev request that CENT be added to CoinmarketCap?  

I've noticed lots of newbies (as well as regular traders) use that site to track and choose which coins are a good deal to buy as it puts all the coins clearly on 1 page with their relative values  (to all the other coins) clearly displayed.  We would get a nice boost once we get listed on CoinmarketCap and once the bug is resolved and CENT stabilizes we shouldn't have any issue getting listed but I do believe the dev has to request it.

Thanks!
sr. member
Activity: 357
Merit: 250
January 01, 2014, 02:48:44 PM
You guys are talking crazy talk, there are trillions upon trillions of these. I can't see them going up at all and if they do it will be in the distant future. The LTC market is going to crash on to the xpm market soon.

You're right. If bigvern and jonh don't break their desicion of closing ltc/cent market, then they will decide soon to close xpm/cent market. Very high possibility. They must leave ltc/cent market, there are much more volume in ltc than at more than 10 other markets traded with ltc :/ There are exist buyers so anyone can sell @1ltc-satoshi. But... Houston, we have a problem
sr. member
Activity: 409
Merit: 252
January 01, 2014, 02:28:35 PM
Not only 10 fold I could see Cent in 1000X within few weeks.

1000 fold?  I'm not sure you're doing the math on that.  Even 100 fold would be a near miracle.  100 fold would put it at 100 XPM-Satoshi which would mean .00000013 LTC - which would be remarkable while 1,000 fold would mean a price of .00000130 LTC which would be a near miracle and would mean a massive amount of money for anyone who invested even 1 BTC let alone 4 (like me) plus hopefully a few tens billions in stake cents.

Let's hope you're right but I'd be thrilled with a 10-100 fold jump from here.
Good thinking but let me tell you something
If you will go back and look at any crypto currency and its fluctuations you can see once all the coins are in all time high for that specific period and after few months or few weeks that all time high use to be smaller, look at btc in 2012 and 2013 you can find the different. In cryptography either coin will be dead and we will lost or they will be back to all time high and will be more up so now check the all time high price of Cent which is 2000+ LTC satoshi's so my prediction of 1000X is still small.
I don't have a lot I have just few milluons of CENT becaise I am brand new in crypto but I could tell you that millions really worth. Kindly telling those millions are also from giveaways and thanks to them. I am buying some btc to start trading so my forst buy will be CENT.


You've got a good point but you can't go by the all-time high since at that time cent had barely any coins outstanding compared to the trillions now.

Then again, many newbies don't know and don't care just look at ShitCoins like NXT, doge or even 100% premined ripple, sitting at nearly $3 Billion and nobody wonders why they'd pay so much for a fully premined coin.  So I suppose anything in the land of cryptoCoins is possible.

In that case I'll hold on to 10 Billion cents just in case there's ever a big payout.
sr. member
Activity: 252
Merit: 250
January 01, 2014, 02:24:28 PM
Not only 10 fold I could see Cent in 1000X within few weeks.

1000 fold?  I'm not sure you're doing the math on that.  Even 100 fold would be a near miracle.  100 fold would put it at 100 XPM-Satoshi which would mean .00000013 LTC - which would be remarkable while 1,000 fold would mean a price of .00000130 LTC which would be a near miracle and would mean a massive amount of money for anyone who invested even 1 BTC let alone 4 (like me) plus hopefully a few tens billions in stake cents.

Let's hope you're right but I'd be thrilled with a 10-100 fold jump from here.
Good thinking but let me tell you something
If you will go back and look at any crypto currency and its fluctuations you can see once all the coins are in all time high for that specific period and after few months or few weeks that all time high use to be smaller, look at btc in 2012 and 2013 you can find the different. In cryptography either coin will be dead and we will lost or they will be back to all time high and will be more up so now check the all time high price of Cent which is 2000+ LTC satoshi's so my prediction of 1000X is still small.
I don't have a lot I have just few milluons of CENT becaise I am brand new in crypto but I could tell you that millions really worth. Kindly telling those millions are also from giveaways and thanks to them. I am buying some btc to start trading so my forst buy will be CENT.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
January 01, 2014, 02:24:00 PM
You guys are talking crazy talk, there are trillions upon trillions of these. I can't see them going up at all and if they do it will be in the distant future. The LTC market is going to crash on to the xpm market soon. These people have left their cents on the LTC market for ages getting zero stake they just want rid of them it seems. They will put them all on the xpm market tomorrow and it will take a long time for them to get bought up. Plus we have more staking ahead.  These are a super gamble even at 2 on the xpm market.
sr. member
Activity: 409
Merit: 252
January 01, 2014, 02:12:36 PM
Not only 10 fold I could see Cent in 1000X within few weeks.

1000 fold?  I'm not sure you're doing the math on that.  Even 100 fold would be a near miracle.  100 fold would put it at 100 XPM-Satoshi which would mean .00000013 LTC - which would be remarkable while 1,000 fold would mean a price of .00000130 LTC which would be a near miracle and would mean a massive amount of money for anyone who invested even 1 BTC let alone 4 (like me) plus hopefully a few tens billions in stake cents.

Let's hope you're right but I'd be thrilled with a 10-100 fold jump from here.
sr. member
Activity: 252
Merit: 250
January 01, 2014, 01:51:02 PM
Not only 10 fold I could see Cent in 1000X within few weeks.
member
Activity: 69
Merit: 10
Face Your Fears, Live Your Dreams
January 01, 2014, 01:47:49 PM
Is this coin an sha or scrypt?
sr. member
Activity: 409
Merit: 252
January 01, 2014, 01:31:56 PM
buying all cent on cryptsy at 0.00000001

I bought ~ 50 billion for a friend who's gone on vacation and can't log onto Cryptsy.  I'm trying to stake part of it but who knows if that will work. I'm hoping it will as I paid .00000002 XPM for more than half of that and then averaged down when it hit .00000001 XPM - spent ~4 BTC total.

It doesn't seem like it can go any lower and cent would be perfect for use in all markets given its liquidity and very cheap price.  There is no coin like it and as many other new and very cheap coins come onto the market a cheaper and more plentiful coin than XPM (or LTC) is needed.  

That said, if cent does become a base currency in various markets the price should shoot up at least 10 fold and possibly a lot more.  This is why I put 4 BTC into it and hopefully I'll double that amount if the 10 billion I transferred stakes, at least in part, in the next few days.  

Good luck to everyone.  I think cent is a steal here - Vlad is gonna be happy when he gets back.
member
Activity: 88
Merit: 10
January 01, 2014, 12:51:23 AM
buying all cent on cryptsy at 0.00000001
full member
Activity: 196
Merit: 100
December 31, 2013, 08:03:38 PM
Cent  just  went to  0.00000002  on  crypsty   Smiley    shes coming back to life,

I agree this is good, but I'm a little concerned about what is going to happen tonight when the XPM/LTC market closes on Cryptsy.  There are at least a couple TRILLION CENTs tied up in sell orders on the LTC market, I'm afraid this will devastate the XPM market by morning.

The day after the collapse of the last wall, I placed a sell order behind nearly a trillion CENT - it was filled completely within 48 hours. This shows that there is still a lot of buy interest in this. Of course, if most of the CENT/LTC people decide to sell at 0.00000001, people may see no more prospects for rise, and buy interest would fall... which would be very bad.
legendary
Activity: 1960
Merit: 1010
December 31, 2013, 02:25:57 PM
Time to buy a few hundred Billions of Pennies [CENT]
hero member
Activity: 532
Merit: 500
December 31, 2013, 01:45:39 PM
Cent  just  went to  0.00000002  on  crypsty   Smiley    shes coming back to life,

I agree this is good, but I'm a little concerned about what is going to happen tonight when the XPM/LTC market closes on Cryptsy.  There are at least a couple TRILLION CENTs tied up in sell orders on the LTC market, I'm afraid this will devastate the XPM market by morning.
full member
Activity: 196
Merit: 100
December 31, 2013, 01:31:01 PM
You guys with so billions in your wallets could make some give aways. That would be great for the price of penny

Come Jan 8, we need to organise some giveaways. (plus it improves network security - delocalise PoS minting)
legendary
Activity: 1960
Merit: 1010
December 31, 2013, 01:21:39 PM
How about pairing all altcoins with CENT, that would be fun  Grin
sr. member
Activity: 378
Merit: 250
Embrace change
December 31, 2013, 11:00:20 AM
You guys with so billions in your wallets could make some give aways. That would be great for the price of penny
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