Is money flowing into cryptos?
# Bitcoin's 'inflexion point' was in early April -- money has begun 're-flowing' into BTC.
# Venture Capital is flowing into BTC (et al.)
# new coins (with breathtaking arrays of features) can and are attracting capital from other (older, less feature-rich) coins.
# but some coins have held their own:
YBcoin: http://coinmarketcap.com/currencies/ybcoin/
Nxt: http://coinmarketcap.com/currencies/nxt/
Unobtainium:
http://coinmarketcap.com/currencies/unobtanium/
# conversely, some one-year-olds have weakened more than others since BTC's turning-point:
Franko:
http://coinmarketcap.com/currencies/franko/#charts
Yacoin:
http://coinmarketcap.com/currencies/yacoin/#charts
CGB:
http://coinmarketcap.com/currencies/cryptogenic-bullion/#charts
Guys, my computer skills are worse than poor, they're awful. I am a retired academic/activist with a background in libertarian politics, evolutionary psychology, 'structuralism,' etc.
The fundamental problem here is clear enough to me.
m.j.blair
.60
@
gmail.com
Mark, Australia
Topic: Historic Cryptogenic Bullion thread - CLOSED - page 13. (Read 286590 times)
I think it's a little too dramatic, there's a lot of money flowing into crypto's, Cryptsy site went from 2,000 to over 200,000 trader accounts in a year time. CGB was there at the start of this immense growth. I will keep faith in the coins I choose to hold and CGB is one of those. To me it seems as a long bottomingproces until there is no one left willing to sell. The buyers are stalking possible sellers into selling as cheap as possible, so far they still succeed on low volume but if someone wants to gather a large amount he needs to put more money on the table and the price can rise again. I'm still buying small amounts of CGB to improve average.
I agree with coininvestor and elambert. I think another part of the problem is that altcoins in general are starting to turn people off because there has been such huge flood of copy-paste coins du jour which end up just being short term pump-n-dump schemes. The fact that CGB was around before all this nonsense obviously is a good point for it, but I think that all altcoins are suffering from a perception problem at the moment---the good ones and the bad ones.
Basically, IMHO, the altcoin market is going to crash, I think. There may be a handful of altcoins which survive this but I think there won't be more than a handful. The real question is if CGB is going to be in that handful.
Basically, IMHO, the altcoin market is going to crash, I think. There may be a handful of altcoins which survive this but I think there won't be more than a handful. The real question is if CGB is going to be in that handful.
Write something here pls 
Best Altcoin to invest in for 2015
https://bitcointalksearch.org/topic/best-altcoin-to-invest-in-for-2015-and-why-727004
Best Altcoin to invest in for 2015
https://bitcointalksearch.org/topic/best-altcoin-to-invest-in-for-2015-and-why-727004
CGB now trading at Crypto-Trade with BTC AND USD trade pairs!
Great working from the community supporting this!
Enjoy!
Great working from the community supporting this!
Enjoy!
yeah that is a good news and now the trading pair will support the coin to more levels.
Please read. This can be really great for CGB.
"NXT Decentralized Exchange Launches With BTC and LTC.
The CoinAssets, as they are called, can be traded on the NXT asset exchange with other users, without the need to trust those users, and can be traded out for actual coins at any time.
The developers stressed to me that they are looking at other communities and stated that they are willing to help nearly any coin that wants to utilize the technology.
I was given a list of coins that could support the asset exchange almost immediately, they include: BTC*, LTC*, DRK*, DOGE, CGB .... "
http://cointelegraph.com/news/112175/nxt-decentralized-exchange-launches-with-btc-and-ltc
"NXT Decentralized Exchange Launches With BTC and LTC.
The CoinAssets, as they are called, can be traded on the NXT asset exchange with other users, without the need to trust those users, and can be traded out for actual coins at any time.
The developers stressed to me that they are looking at other communities and stated that they are willing to help nearly any coin that wants to utilize the technology.
I was given a list of coins that could support the asset exchange almost immediately, they include: BTC*, LTC*, DRK*, DOGE, CGB .... "
http://cointelegraph.com/news/112175/nxt-decentralized-exchange-launches-with-btc-and-ltc
Agreed. It seems to me at this point in history, that as a community, we should be honest with ourselves about the future of CGB. The fundamentals are there but the price continues to fall. Why? My theory is because we have low trade volume. The Crypto-trade thing is great for us but I fear that it's not enough to have a huge difference to our marketcap. Crypto-Trade is a great exchange but they have a low trade volume so I don't see it making a huge difference to us. Most coins on that site are dying a slow death and they all trade for BTC which its self is a huge centralized dinosaur at this point in time IMO. Conventional exchanges are sooo 2013. They are not safe and they break down all the time. Don't get me wrong the CGB/USD is invaluable but like I say it's not enough to save us at this point in time. Lets not kid ourselves. All cryptocurrencies are experimental and it is difficult to achieve the right balance. Most are failing and at this point I think we could go either way. I think we are learning from experience that a high market cap is not compatible with low trade volume. Recognizing that CGB is a currency to "store" wealth, I also think we should do everything we can to encourage trading. Most coins fail because they are not spread thin enough. If 100 people each have 10,000 coins, where are you going with that? Nobody is going to pay up to get one coin. The successful CGB is 1 million people each with one coin. The previous poster who mentioned the Multigateway decentralized trading built into the NXT platform is absolutely correct. Decentralized trading from the client is where this is all heading. The market is declaring that NXT or some variation on that is the future, like it or not, and CGB needs to be a part of that sooner rather than later so that we can boost trading volume. My 2 CGB's worth.
I think in order for CGB to thrive it needs to be marketed for what it's developed for. It's supposed to be a store of value, a tool to smooth out the fluctuations of bitcoin and create a "safe haven" for your digital investment. If you want to see CGB succeed, begin marketing it to coinbase for example as a store for their digital assets. This coin needs huge volume from large investors because that's who it's targeted too.
I agree with this. Our most recent marketing campaign launched via the cover article on Crypto Biz magazine is a move in this direction; which we fully intend to continue. Ideas and assistance are of course welcomed and appreciated.
We are simultaneously working behind the scenes on the evolution of the client scheduled for release mid-September.
I suspect things will hit a turning point and turn rather quickly. Hard to predict when this will happen but with the current market cap and CGB's coin fundamentals, a snow ball effect could trigger rather easily when some bigger players start to adopt CGB.
http://altcoinherald.com/ecuador-going-release-altcoin/
'most analysts indicate that Ecuador is running out of cash and will use the cryptocurrency to pay bills.'
I have been waiting for this. It is pure and unadulterated 'quantitative easing' -- and Consultancy Coin community members could gain real leverage by demonstrating a sharp grasp of the politics of centralisation/libertarianism. A new binary is in creation: 'real' cryptos and Guvvy Coins.
Mark (IndiaMikeZulu), Australia
'most analysts indicate that Ecuador is running out of cash and will use the cryptocurrency to pay bills.'
I have been waiting for this. It is pure and unadulterated 'quantitative easing' -- and Consultancy Coin community members could gain real leverage by demonstrating a sharp grasp of the politics of centralisation/libertarianism. A new binary is in creation: 'real' cryptos and Guvvy Coins.
Mark (IndiaMikeZulu), Australia
Please read. This can be really great for CGB.
"NXT Decentralized Exchange Launches With BTC and LTC.
The CoinAssets, as they are called, can be traded on the NXT asset exchange with other users, without the need to trust those users, and can be traded out for actual coins at any time.
The developers stressed to me that they are looking at other communities and stated that they are willing to help nearly any coin that wants to utilize the technology.
I was given a list of coins that could support the asset exchange almost immediately, they include: BTC*, LTC*, DRK*, DOGE, CGB .... "
http://cointelegraph.com/news/112175/nxt-decentralized-exchange-launches-with-btc-and-ltc
"NXT Decentralized Exchange Launches With BTC and LTC.
The CoinAssets, as they are called, can be traded on the NXT asset exchange with other users, without the need to trust those users, and can be traded out for actual coins at any time.
The developers stressed to me that they are looking at other communities and stated that they are willing to help nearly any coin that wants to utilize the technology.
I was given a list of coins that could support the asset exchange almost immediately, they include: BTC*, LTC*, DRK*, DOGE, CGB .... "
http://cointelegraph.com/news/112175/nxt-decentralized-exchange-launches-with-btc-and-ltc
Agreed. It seems to me at this point in history, that as a community, we should be honest with ourselves about the future of CGB. The fundamentals are there but the price continues to fall. Why? My theory is because we have low trade volume. The Crypto-trade thing is great for us but I fear that it's not enough to have a huge difference to our marketcap. Crypto-Trade is a great exchange but they have a low trade volume so I don't see it making a huge difference to us. Most coins on that site are dying a slow death and they all trade for BTC which its self is a huge centralized dinosaur at this point in time IMO. Conventional exchanges are sooo 2013. They are not safe and they break down all the time. Don't get me wrong the CGB/USD is invaluable but like I say it's not enough to save us at this point in time. Lets not kid ourselves. All cryptocurrencies are experimental and it is difficult to achieve the right balance. Most are failing and at this point I think we could go either way. I think we are learning from experience that a high market cap is not compatible with low trade volume. Recognizing that CGB is a currency to "store" wealth, I also think we should do everything we can to encourage trading. Most coins fail because they are not spread thin enough. If 100 people each have 10,000 coins, where are you going with that? Nobody is going to pay up to get one coin. The successful CGB is 1 million people each with one coin. The previous poster who mentioned the Multigateway decentralized trading built into the NXT platform is absolutely correct. Decentralized trading from the client is where this is all heading. The market is declaring that NXT or some variation on that is the future, like it or not, and CGB needs to be a part of that sooner rather than later so that we can boost trading volume. My 2 CGB's worth.
I think in order for CGB to thrive it needs to be marketed for what it's developed for. It's supposed to be a store of value, a tool to smooth out the fluctuations of bitcoin and create a "safe haven" for your digital investment. If you want to see CGB succeed, begin marketing it to coinbase for example as a store for their digital assets. This coin needs huge volume from large investors because that's who it's targeted too.
Well said, Coininvestor -- you can't deal with a problem until you admit it's a problem. I am a noobie to CGB -- but not to cryptos (and not to the problems of libertarian political movements!!!).
I recall that the Yacoin community (for all their other faults {imho} . . . ) would worry a posted problem like a dog with a bone. I find myself frustrated to see disparate posts, rather than to-and-fro discussion, especially against a background of a small group of the community working very very hard to keep the ball rolling.
The inherent low volume of trade is a serious publicity problem, **given the values of the crypto community.** Therefore, we must **call out** all CGB-ers to address this problem. **Full stop. Next question.**
I shall stick to CGB. I like the community. I think a 'home coin' is a good and necessary thing -- but Coininvestor has said it aloud . . .
Mark, Australia
I recall that the Yacoin community (for all their other faults {imho} . . . ) would worry a posted problem like a dog with a bone. I find myself frustrated to see disparate posts, rather than to-and-fro discussion, especially against a background of a small group of the community working very very hard to keep the ball rolling.
The inherent low volume of trade is a serious publicity problem, **given the values of the crypto community.** Therefore, we must **call out** all CGB-ers to address this problem. **Full stop. Next question.**
I shall stick to CGB. I like the community. I think a 'home coin' is a good and necessary thing -- but Coininvestor has said it aloud . . .
Mark, Australia
Bleu Trade have added CGB to their voting page https://bleutrade.com/home/2129 voting costs 0.0001 per vote, so you'll have to weigh voting against how much trade will occur on the site given they remove coins for a lack of or low activity.
Having said that, I won't be plugging the exchange here again - over on the DMD page Poop-Shoot berated me for my "agresive" 4 line posting then his off-sider on the admin posted a full page add for a rival exchange, so well played people, well played.
Having said all that, am still in "hold" mode for CGB on my own supply. (and buy if you don't have enough already)
Having said that, I won't be plugging the exchange here again - over on the DMD page Poop-Shoot berated me for my "agresive" 4 line posting then his off-sider on the admin posted a full page add for a rival exchange, so well played people, well played.
Having said all that, am still in "hold" mode for CGB on my own supply. (and buy if you don't have enough already)
Please read. This can be really great for CGB.
"NXT Decentralized Exchange Launches With BTC and LTC.
The CoinAssets, as they are called, can be traded on the NXT asset exchange with other users, without the need to trust those users, and can be traded out for actual coins at any time.
The developers stressed to me that they are looking at other communities and stated that they are willing to help nearly any coin that wants to utilize the technology.
I was given a list of coins that could support the asset exchange almost immediately, they include: BTC*, LTC*, DRK*, DOGE, CGB .... "
http://cointelegraph.com/news/112175/nxt-decentralized-exchange-launches-with-btc-and-ltc
"NXT Decentralized Exchange Launches With BTC and LTC.
The CoinAssets, as they are called, can be traded on the NXT asset exchange with other users, without the need to trust those users, and can be traded out for actual coins at any time.
The developers stressed to me that they are looking at other communities and stated that they are willing to help nearly any coin that wants to utilize the technology.
I was given a list of coins that could support the asset exchange almost immediately, they include: BTC*, LTC*, DRK*, DOGE, CGB .... "
http://cointelegraph.com/news/112175/nxt-decentralized-exchange-launches-with-btc-and-ltc
Agreed. It seems to me at this point in history, that as a community, we should be honest with ourselves about the future of CGB. The fundamentals are there but the price continues to fall. Why? My theory is because we have low trade volume. The Crypto-trade thing is great for us but I fear that it's not enough to have a huge difference to our marketcap. Crypto-Trade is a great exchange but they have a low trade volume so I don't see it making a huge difference to us. Most coins on that site are dying a slow death and they all trade for BTC which its self is a huge centralized dinosaur at this point in time IMO. Conventional exchanges are sooo 2013. They are not safe and they break down all the time. Don't get me wrong the CGB/USD is invaluable but like I say it's not enough to save us at this point in time. Lets not kid ourselves. All cryptocurrencies are experimental and it is difficult to achieve the right balance. Most are failing and at this point I think we could go either way. I think we are learning from experience that a high market cap is not compatible with low trade volume. Recognizing that CGB is a currency to "store" wealth, I also think we should do everything we can to encourage trading. Most coins fail because they are not spread thin enough. If 100 people each have 10,000 coins, where are you going with that? Nobody is going to pay up to get one coin. The successful CGB is 1 million people each with one coin. The previous poster who mentioned the Multigateway decentralized trading built into the NXT platform is absolutely correct. Decentralized trading from the client is where this is all heading. The market is declaring that NXT or some variation on that is the future, like it or not, and CGB needs to be a part of that sooner rather than later so that we can boost trading volume. My 2 CGB's worth.
Good good news. I have stretched a gossamer thread from my laptop to the WWW. IndiaMikeZulu will be in a consolidation phase for a good while, and with different goals (I wanna learn to trade and Other Stuff); but it sure is good to be able to have any sort of semi-reliable Net to my laptop. Yay!!!
Now I will tackle the two month's of reading I have missed.
Elambert, that data on btc in Oz came from coinmap. It is inaccurate and incomplete. I am heartbroken thay loss of Net killed the cryptomall project. Check out how far we got at cryptomall.com.au It is surely the most accurate set of crypto data anywhere.
And think of the Consultancy Thing. I betcha a beer that no one in Oz has SPOKEN to as many australian crypto folk as I have.
Nxt?? IndiaMikeZulu is happy to connect in any way with the Nxt project.
Mark western oz
Now I will tackle the two month's of reading I have missed.
Elambert, that data on btc in Oz came from coinmap. It is inaccurate and incomplete. I am heartbroken thay loss of Net killed the cryptomall project. Check out how far we got at cryptomall.com.au It is surely the most accurate set of crypto data anywhere.
And think of the Consultancy Thing. I betcha a beer that no one in Oz has SPOKEN to as many australian crypto folk as I have.
Nxt?? IndiaMikeZulu is happy to connect in any way with the Nxt project.
Mark western oz
CGB now trading at Crypto-Trade with BTC AND USD trade pairs!
Great working from the community supporting this!
Enjoy!
Great working from the community supporting this!
Enjoy!
Please read. This can be really great for CGB.
"NXT Decentralized Exchange Launches With BTC and LTC.
The CoinAssets, as they are called, can be traded on the NXT asset exchange with other users, without the need to trust those users, and can be traded out for actual coins at any time.
The developers stressed to me that they are looking at other communities and stated that they are willing to help nearly any coin that wants to utilize the technology.
I was given a list of coins that could support the asset exchange almost immediately, they include: BTC*, LTC*, DRK*, DOGE, CGB .... "
http://cointelegraph.com/news/112175/nxt-decentralized-exchange-launches-with-btc-and-ltc
"NXT Decentralized Exchange Launches With BTC and LTC.
The CoinAssets, as they are called, can be traded on the NXT asset exchange with other users, without the need to trust those users, and can be traded out for actual coins at any time.
The developers stressed to me that they are looking at other communities and stated that they are willing to help nearly any coin that wants to utilize the technology.
I was given a list of coins that could support the asset exchange almost immediately, they include: BTC*, LTC*, DRK*, DOGE, CGB .... "
http://cointelegraph.com/news/112175/nxt-decentralized-exchange-launches-with-btc-and-ltc
Great job on the votings. After all CT decided to list both coins:
"If 1st and 2nd ranked coins differ by less than 50 votes at the time of decision, Crypto-Trade will add both coins."
(they added this last few hours or so I think)
Without the payvotes we may not have had enough, so thanks a lot.
Winners:
1st place - Cryptogenic Bullion (CGB).
2nd place - Orbitcoin (ORB).
Winners will be paired with BTC & USD.They will be added after few hours
"If 1st and 2nd ranked coins differ by less than 50 votes at the time of decision, Crypto-Trade will add both coins."
(they added this last few hours or so I think)
Without the payvotes we may not have had enough, so thanks a lot.
Winners:
1st place - Cryptogenic Bullion (CGB).
2nd place - Orbitcoin (ORB).
Winners will be paired with BTC & USD.They will be added after few hours
CGB/USD and CGB/BTC! This is awesome! Time for to liberate some CGB from Cryptsy
Great job on the votings. After all CT decided to list both coins:
"If 1st and 2nd ranked coins differ by less than 50 votes at the time of decision, Crypto-Trade will add both coins."
(they added this last few hours or so I think)
Without the payvotes we may not have had enough, so thanks a lot.
Winners:
1st place - Cryptogenic Bullion (CGB).
2nd place - Orbitcoin (ORB).
Winners will be paired with BTC & USD.They will be added after few hours
"If 1st and 2nd ranked coins differ by less than 50 votes at the time of decision, Crypto-Trade will add both coins."
(they added this last few hours or so I think)
Without the payvotes we may not have had enough, so thanks a lot.
Winners:
1st place - Cryptogenic Bullion (CGB).
2nd place - Orbitcoin (ORB).
Winners will be paired with BTC & USD.They will be added after few hours
Good find! So yes, then it is legit this time. 
yeah bit of a downer, but we can learn from that
Good find! So yes, then it is legit this time.
I'd say keep your powder dry till the latest moment.
"We take the voting winner every two weeks on Sunday evening (UTC), we announce the official closing time earlier in the day."
Crypto-Trade sees current standings as legit (different ID's, different IP's). Easy to fake and since he faked it earlier this week it's very likely another workaround.
Anyways I've tried.
"We take the voting winner every two weeks on Sunday evening (UTC), we announce the official closing time earlier in the day."
Crypto-Trade sees current standings as legit (different ID's, different IP's). Easy to fake and since he faked it earlier this week it's very likely another workaround.
Anyways I've tried.
I think you might be incorrect here, while I know that TOR abuse has occurred with similar voting systems in past, after a quick google i found this,
[0.50 ORB] ★★ OrbitCoin Giveaway! ★★ Entering CryptoTrade ★★ Coins every hour ★★ - http://bitcoingarden.tk/forum/index.php?topic=829.msg64115#msg64115
So it would seem for that coin it does appear the majority of votes are more real this time, admin for bitcoin garden forum there started a giveaway on 1st Aug after the fake votes were removed and is paying each post 0.5 ORB/per vote + a free worldcoin to setup their account to be eligible for voting.
Forum seems to host alot of these types of giveaways for voting coins onto exchanges (bitcointalk stopped allowing giveaways, so they moved to other forums).
I don't think there are any rules about paying others/holding giveaways to vote every hour so and and alot of people will jump on board something like this to get their freebies. and works out cheaper for the coin then paying directly for votes (can 100x more from the crowd for the same amount of btc)
Let's just give it our all, that's all we can control.
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