[DVC]DevCoin - Official Thread - Moderated - page 152.

ranlo

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Quote from: Hunterbunter on June 22, 2014, 07:41:43 PM

Quote from: ranlo on June 22, 2014, 07:38:39 PM

Quote from: Vlad2Vlad on June 22, 2014, 07:23:31 PM

Quote from: Hunterbunter on June 22, 2014, 07:18:36 PM

Quote from: weisoq on June 22, 2014, 06:50:05 PM

Quote from: georgem on June 21, 2014, 11:20:33 PM

Patience is key.

There is nothing like the price increase coming from a wider adoptionrate...

Precisely. The vircurex thing is odd though - before the problems there bid volume was about 50btc and liquidity problem hammered pricing. As arbitrageur says someone's just lifting offers across all the older coins, as if holdings are unfrozen, but I haven't read anything about them unfreezing assets?

The only rational explanation for the volume on vircurex is that they are freshly deposited coins. You can't trade with frozen funds.

As to why...it could be someone just decided to start investing a ton of money in alt-coins, with or without the intention of selling them back on cryptsy as others become interested and start speculating. There's been very little down pressure on those coins lately, so they may have had enough waiting.

Ok, so why pay double or triple?

Is it that hard to open an account on other exchanges or are Vircurex customers so loyal to vircurex after having all their funds frozen?

Good question. The price is lower on mcxnow as well. It is a little weird.

Could depth be the issue?

Maybe. But thinking about it more:

BTC is still locked up on Vircurex
By trading BTC for things like DVC, withdrawals can be made

Even at a 3x markup, let's say they have 150 BTC. They can withdraw 50 BTC (via DVC and selling on other exchanges) or let their 150 BTC sit on Vircurex where it may or may not ever actually be able to be withdrawn.

I think this may be what's happening.

Hunterbunter

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Quote from: ranlo on June 22, 2014, 07:38:39 PM

Quote from: Vlad2Vlad on June 22, 2014, 07:23:31 PM

Quote from: Hunterbunter on June 22, 2014, 07:18:36 PM

Quote from: weisoq on June 22, 2014, 06:50:05 PM

Quote from: georgem on June 21, 2014, 11:20:33 PM

Patience is key.

There is nothing like the price increase coming from a wider adoptionrate...

Precisely. The vircurex thing is odd though - before the problems there bid volume was about 50btc and liquidity problem hammered pricing. As arbitrageur says someone's just lifting offers across all the older coins, as if holdings are unfrozen, but I haven't read anything about them unfreezing assets?

The only rational explanation for the volume on vircurex is that they are freshly deposited coins. You can't trade with frozen funds.

As to why...it could be someone just decided to start investing a ton of money in alt-coins, with or without the intention of selling them back on cryptsy as others become interested and start speculating. There's been very little down pressure on those coins lately, so they may have had enough waiting.

Ok, so why pay double or triple?

Is it that hard to open an account on other exchanges or are Vircurex customers so loyal to vircurex after having all their funds frozen?

Good question. The price is lower on mcxnow as well. It is a little weird.

Could depth be the issue?

ranlo

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Activity: 1988

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Quote from: Vlad2Vlad on June 22, 2014, 07:23:31 PM

Quote from: Hunterbunter on June 22, 2014, 07:18:36 PM

Quote from: weisoq on June 22, 2014, 06:50:05 PM

Quote from: georgem on June 21, 2014, 11:20:33 PM

Patience is key.

There is nothing like the price increase coming from a wider adoptionrate...

Precisely. The vircurex thing is odd though - before the problems there bid volume was about 50btc and liquidity problem hammered pricing. As arbitrageur says someone's just lifting offers across all the older coins, as if holdings are unfrozen, but I haven't read anything about them unfreezing assets?

The only rational explanation for the volume on vircurex is that they are freshly deposited coins. You can't trade with frozen funds.

As to why...it could be someone just decided to start investing a ton of money in alt-coins, with or without the intention of selling them back on cryptsy as others become interested and start speculating. There's been very little down pressure on those coins lately, so they may have had enough waiting.

Ok, so why pay double or triple?

Is it that hard to open an account on other exchanges or are Vircurex customers so loyal to vircurex after having all their funds frozen?

Good question. The price is lower on mcxnow as well. It is a little weird.

Hunterbunter

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Quote from: Arbitrageur on June 22, 2014, 07:33:17 PM

Quote from: Hunterbunter on June 22, 2014, 07:30:45 PM

Yeah, that's a good question. It's possible vircurex is doing it themselves to drum up volume, but any other normal trader would surely buy from all exchanges simultaneously (as we have seen in the past). Certainly fishy.

This was my first thought but then I wrote to kumala saying: if this is you trying to generate volumes, why don't just give the coins back to the rightful owners! they will surely be happy and start trading again! I will if I could get something back out of my frozen funds.

If it is him, he might be intending to sell them at a profit and use that to pay people back? Bloody risky move, though, if that's the case.

Arbitrageur

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Quote from: Hunterbunter on June 22, 2014, 07:30:45 PM

Yeah, that's a good question. It's possible vircurex is doing it themselves to drum up volume, but any other normal trader would surely buy from all exchanges simultaneously (as we have seen in the past). Certainly fishy.

This was my first thought but then I wrote to kumala saying: if this is you trying to generate volumes, why don't just give the coins back to the rightful owners! they will surely be happy and start trading again! I will if I could get something back out of my frozen funds.

Arbitrageur

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Quote from: Hunterbunter on June 22, 2014, 07:18:36 PM

The only rational explanation for the volume on vircurex is that they are freshly deposited coins. You can't trade with frozen funds.

As to why...it could be someone just decided to start investing a ton of money in alt-coins, with or without the intention of selling them back on cryptsy as others become interested and start speculating. There's been very little down pressure on those coins lately, so they may have had enough waiting.

surely is someone that has thrown away over 50 btc today. throwing away bitcoin is not really rational. why buying on vircurex when you have btc-e, cryptsy, bter and so on?? doesn't make any sense. this really baffles me.

Hunterbunter

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Activity: 994

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Quote from: Vlad2Vlad on June 22, 2014, 07:23:31 PM

Quote from: Hunterbunter on June 22, 2014, 07:18:36 PM

Quote from: weisoq on June 22, 2014, 06:50:05 PM

Quote from: georgem on June 21, 2014, 11:20:33 PM

Patience is key.

There is nothing like the price increase coming from a wider adoptionrate...

Precisely. The vircurex thing is odd though - before the problems there bid volume was about 50btc and liquidity problem hammered pricing. As arbitrageur says someone's just lifting offers across all the older coins, as if holdings are unfrozen, but I haven't read anything about them unfreezing assets?

The only rational explanation for the volume on vircurex is that they are freshly deposited coins. You can't trade with frozen funds.

As to why...it could be someone just decided to start investing a ton of money in alt-coins, with or without the intention of selling them back on cryptsy as others become interested and start speculating. There's been very little down pressure on those coins lately, so they may have had enough waiting.

Ok, so why pay double or triple?

Is it that hard to open an account on other exchanges or are Vircurex customers so loyal to vircurex after having all their funds frozen?

Yeah, that's a good question. It's possible vircurex is doing it themselves to drum up volume, but any other normal trader would surely buy from all exchanges simultaneously (as we have seen in the past). Certainly fishy.

Vlad2Vlad

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www.ixcoin.net

Quote from: Hunterbunter on June 22, 2014, 07:18:36 PM

Quote from: weisoq on June 22, 2014, 06:50:05 PM

Quote from: georgem on June 21, 2014, 11:20:33 PM

Patience is key.

There is nothing like the price increase coming from a wider adoptionrate...

Precisely. The vircurex thing is odd though - before the problems there bid volume was about 50btc and liquidity problem hammered pricing. As arbitrageur says someone's just lifting offers across all the older coins, as if holdings are unfrozen, but I haven't read anything about them unfreezing assets?

The only rational explanation for the volume on vircurex is that they are freshly deposited coins. You can't trade with frozen funds.

As to why...it could be someone just decided to start investing a ton of money in alt-coins, with or without the intention of selling them back on cryptsy as others become interested and start speculating. There's been very little down pressure on those coins lately, so they may have had enough waiting.

Ok, so why pay double or triple?

Is it that hard to open an account on other exchanges or are Vircurex customers so loyal to vircurex after having all their funds frozen?

Hunterbunter

hero member

Activity: 994

Merit: 1000

Quote from: weisoq on June 22, 2014, 06:50:05 PM

Quote from: georgem on June 21, 2014, 11:20:33 PM

Patience is key.

There is nothing like the price increase coming from a wider adoptionrate...

Precisely. The vircurex thing is odd though - before the problems there bid volume was about 50btc and liquidity problem hammered pricing. As arbitrageur says someone's just lifting offers across all the older coins, as if holdings are unfrozen, but I haven't read anything about them unfreezing assets?

The only rational explanation for the volume on vircurex is that they are freshly deposited coins. You can't trade with frozen funds.

As to why...it could be someone just decided to start investing a ton of money in alt-coins, with or without the intention of selling them back on cryptsy as others become interested and start speculating. There's been very little down pressure on those coins lately, so they may have had enough waiting.

Arbitrageur

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utterly odd, I wrote to customer support, no answer (as usual). I forgot to mention dogecoin, that was paid up pretty well too.

Vlad2Vlad

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www.ixcoin.net

But why would anyone bid double or triple when they can buy for much cheaper on other exchange, like Cryptsy?

And of the same thing is happening for NameCoin, PPC, etc then what gives?

And why isn't anyone then bidding up other older merge mined coins like i0Coin and iXcoin?

Very odd.

georgem

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Quote from: weisoq on June 22, 2014, 06:50:05 PM

... as if holdings are unfrozen, but I haven't read anything about them unfreezing assets?

Me neither, I just logged in to check if something changed, and it still says: "Your account has frozen funds"

Last (unrelated) announcement by vircurex was on 11th june.

weisoq

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Quote from: georgem on June 21, 2014, 11:20:33 PM

Patience is key.

There is nothing like the price increase coming from a wider adoptionrate...

Precisely. The vircurex thing is odd though - before the problems there bid volume was about 50btc and liquidity problem hammered pricing. As arbitrageur says someone's just lifting offers across all the older coins, as if holdings are unfrozen, but I haven't read anything about them unfreezing assets?

Arbitrageur

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Activity: 556

Merit: 500

it's vircurex, today there have been anomaly volumes, someone paying up 100% premium and over on ppc, dvc, nmc (even 3x here), and ltc. don't know what to say, btc withdrawals seems to be working, so it's not people getting rid of stuck btc due to problems with withdrawals. yes there are still 5000 btc equivalent frozen (mostly of which on ltc) on vircurex. be careful. I lost a ton in there back in march (over 40 btc equivalent).

georgem

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Since all the sudden volume is coming from vircurex alone, I am not so sure what to think of it.

http://coinmarketcap.com/volume.html#dvc

I thought vircurex was near dead, they still owe a lot of people litecoins etc... still a lot of frozen accounts there.

So I would be surprised if this isn't just a little market manipulation.

The big devcoin price swing we had a few months ago was ALSO mostly vircurex.
It has always been the exchange with the most devcoin volume.

Vlad2Vlad

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Why is Devcoin going up on heavy volume? I'm seeing people say it's from wonder adoption rate but I doubt that would be such a sudden thing.

Has any news coming out or is something big supposed to be announced?

Thank you!

georgem

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Quote from: sidhujag on June 21, 2014, 07:36:14 PM

Those ppl wont make any money they are impatient

Patience is key.

There is nothing like the price increase coming from a wider adoptionrate...

Everything else is daytrader masturbation, nothing I want to involve myself in.

sidhujag

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Those ppl wont make any money they are impatient

georgem

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I don't understand some people. No one would point at a four year old child and say: "is it still alive?"

Do you judge a toddler for not being able to walk yet? Oh look, it can't walk yet, why is it still alive?

All cryptocurrencies are so young, they have barely broken up the eggshell...

...must be the daytrader mentality that makes people think a week is as long as a year! Grin

"Why doesn't the price rise 20x again? Why no movement? Is it dead? Is it still alive?"

sidhujag

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Quote from: Nik1ab on June 21, 2014, 03:28:09 PM

Quote from: RodrigoHenrik on June 21, 2014, 03:11:13 PM

Devcoin still alive?

Devcoin still alive? What are the exchanges which transact Devcoin? There are still many users by mining? How is the interest of people for coin? Wink

I really hope it stays alive. I think Devcoin has enormous potential compared to other coins.

I am excited to announce that devcoinauctions.com is now using an innovative web technology (realtime.co) which uses websockets to optimize user experience by allowing bidirectional communication between client and server. Now if you open up the debug window in your browser there is no more ajax calls to the backend to update your screen.. now data is pushed to the clients that need updating based on which auctions just got bid on... its more efficient by a mile. The server should be able to handle 10k users at once.

Topic: [DVC]DevCoin - Official Thread - Moderated - page 152. (Read 1058949 times)