Topic: rpietila Altcoin Observer - page 181. (Read 387493 times)

Quote from: nioc on July 11, 2014, 12:31:32 PM

regarding xmr - did someone expect that low prices? - I assumed that we find after ATH a new equilibria around 0.005 or at least 0.004

I never expected them to go this low.

It is painful and discouraging. Such is the way with downswings.

I wouldnt mind wild swings after Monero establishes itself as the #1 privacy coin. But with comp coming from every corner now, boom/busts do more harm then good, the mintpal pump was horrible timing.

Cablez

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I owe my soul to the Bitcoin code...

Quote from: Cablez on July 11, 2014, 10:37:35 AM

Quote from: rpietila on July 11, 2014, 10:07:13 AM

Quote from: superresistant on July 11, 2014, 02:01:02 PM

regarding xmr - did someone expect that low prices? - I assumed that we find after ATH a new equilibria around 0.005 or at least 0.004

I think we will. Equilibrium is not reached, it took a new wave down.

I also thought that 0.0035 would be a slightly more probable low point than 0.003 and that is again more probable than 0.0025 etc.

It is hard to see that the previous low of about 0.002 would be breached without news.

It could very well be Claymore. I mean he is getting 5% of any GPU hashing on the network for free. Low ball guess says 600 a day. The could suppress pricing.

There are other GPU miners now and also a Claymore without fees.

A lot more than 600/day is being sold.

I agree that more than 600/day is being sold. It was just a lowball theory. I haven't seen any functional GPU miners besides claymore's who did drop 5% for less performance. Do you have links?

ejinte

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Quote from: ejinte on July 11, 2014, 01:50:01 PM

No one mentioned maidsafecoin at all in 77 pages?
by the way it's going to the moon now Grin

+36%
http://coinmarketcap.com/

Don't buy during pump. Obviously.

I bought three months ago

superresistant

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Quote from: ejinte on July 11, 2014, 01:50:01 PM

No one mentioned maidsafecoin at all in 77 pages?
by the way it's going to the moon now Grin

+36%
http://coinmarketcap.com/

Don't buy during pump. Obviously.

EDIT : I'm talking for observers of this thread that would be tempted to buy now.

ejinte

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No one mentioned maidsafecoin at all in 77 pages?
by the way it's going to the moon now Grin

+36%
http://coinmarketcap.com/

Este Nuno

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amarha

Quote from: dga on July 11, 2014, 12:01:00 PM

Quote from: Este Nuno on July 11, 2014, 10:45:01 AM

Quote from: Este Nuno on July 11, 2014, 10:06:19 AM

Anyone like buying BBR every time it drops below 25% of the price of XMR?

And with their dev it's not impossible that BBR could make some progress and exceed the 25% target over time and catch up somewhat to XMR. It would take something wild happening for BBR to reach parity with XMR but 33% is not out of the question, is it?

It's a winner-takes-it-all situation, for which reason BBR is trading at a significant discount. Market sees its chances to overtake XMR as slim.

Well, I'm not quite sure how to evaluate that since the BBR emission rate is more front-loaded than XMR. I'd guess the market isn't as skeptical as you might suspect considering that right now there are much more BBR being mined.

I'm not sure how to quantify that exactly, but I would say that the market thinks that BBR has a greater than 25% chance in 'succeeding'(murky term).

In generally I'm pretty impressed with how much support BBR has gotten.

Er, that's backwards - XMR has a much faster initial emission than BBR.

Oh, I just looked again and I thought the chart on the BBR thread was a chart of BBR vs XMR but it's a chart of BBR vs Bitcoin emission! Oops.

nioc

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Quote from: Cablez on July 11, 2014, 10:37:35 AM

Quote from: rpietila on July 11, 2014, 10:07:13 AM

Quote from: drawingthesun on July 11, 2014, 12:19:18 PM

regarding xmr - did someone expect that low prices? - I assumed that we find after ATH a new equilibria around 0.005 or at least 0.004

I think we will. Equilibrium is not reached, it took a new wave down.

I also thought that 0.0035 would be a slightly more probable low point than 0.003 and that is again more probable than 0.0025 etc.

It is hard to see that the previous low of about 0.002 would be breached without news.

It could very well be Claymore. I mean he is getting 5% of any GPU hashing on the network for free. Low ball guess says 600 a day. The could suppress pricing.

There are other GPU miners now and also a Claymore without fees.

A lot more than 600/day is being sold.

cAPSLOCK

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Whimsical Pants

regarding xmr - did someone expect that low prices? - I assumed that we find after ATH a new equilibria around 0.005 or at least 0.004

I never expected them to go this low.

It is painful and discouraging. Such is the way with downswings.

drawingthesun

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Merit: 1015

Quote from: BlockChains on July 11, 2014, 12:07:17 PM

regarding xmr - did someone expect that low prices? - I assumed that we find after ATH a new equilibria around 0.005 or at least 0.004

I never expected them to go this low.

ofeefee

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Tokenize Fantasy Sports

Quote from: ofeefee on July 11, 2014, 11:58:04 AM

Quote from: ARGpentem on July 11, 2014, 09:02:19 AM

Quote from: devphp on July 11, 2014, 10:09:27 AM

From now on, only the following coins may be mentioned in the thread:

BTC -> classic blockchain coin - POW, store of value.
XMR -> privacy enhanced coin - cryptonote approach
NXT -> second gen. coin, multi feature coin - Proof of stake
FLT -> not sure standard first ge. POW coin ?
BBR -> privacy enhanced coin - cryptonote approach
NEM -> second gen. coin, multi feature coin - Proof of importance
XCurrency -> privacy enhanced coin. Xnodes - coinjoin approach
Maidsafe -> unique, not a blockchain based coin, platform
Skycoin -> unique, unsure what it is
Siacoin -> storage coin, similar to company shares

Discussion of the other coins belongs to other threads.

I made a short note for each coin.

FLT -> not sure standard first ge. POW coin ?

FLT - Proof of Work, Proof of Stake, Proof of Transaction (only coin with this feature)

The fact that FLT made it into this thread is a troll joke. This is one of the worst "features" to ever be added to an alt as all it does is incentivize bloat and unnecessary transactions. If the coin was ever actually worth something then it would make sense to just set up bots with auto generated addresses that just move coins around my addresses thousands of times a day to try to get new coins from the PoT. Even if it was time locked and you could only earn PoT after coins sat in a wallet for say 24hrs it still encourages bloat because of unnecessary transactions every 24 hours at that point. Slower than unlimited transactions but still unnecessary bloat that doesn't scale.

Pot at the moment only generates 5% of the block reward or 1FLT, it also has features which randomizes who the reward is generated for. Yes, you could attempt to game the system, and you could possibly get some extra FLT, but it would not be a worthwhile endeavor. You would be far more beneficial to just PoW mine for FLT than to try gaming PoT.

I used 600kh of Asics to mine FLT last two days and this generated 4000 FLT. If you managed to game PoT to reward you every generated PoT block, and on let's assume it hit every block, you would have 720FLT/day.

cAPSLOCK

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Whimsical Pants

Quote from: ofeefee on July 11, 2014, 11:58:04 AM

It's a winner-takes-it-all situation

Why?

Mainly because they are a shared codebase. Most (all?) code contributions can be shared across each coin. The fittest will crush the weaker players.

BlockChains

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Activity: 110

Merit: 10

Quote from: ARGpentem on July 11, 2014, 09:02:19 AM

Quote from: Este Nuno on July 11, 2014, 10:45:01 AM

From now on, only the following coins may be mentioned in the thread:

BTC -> classic blockchain coin - POW, store of value.
XMR -> privacy enhanced coin - cryptonote approach
NXT -> second gen. coin, multi feature coin - Proof of stake
FLT -> not sure standard first ge. POW coin ?
BBR -> privacy enhanced coin - cryptonote approach
NEM -> second gen. coin, multi feature coin - Proof of importance
XCurrency -> privacy enhanced coin. Xnodes - coinjoin approach
Maidsafe -> unique, not a blockchain based coin, platform
Skycoin -> unique, unsure what it is
Siacoin -> storage coin, similar to company shares

Discussion of the other coins belongs to other threads.

I made a short note for each coin.

FLT -> not sure standard first ge. POW coin ?

FLT - Proof of Work, Proof of Stake, Proof of Transaction (only coin with this feature)

The fact that FLT made it into this thread is a troll joke. This is one of the worst "features" to ever be added to an alt as all it does is incentivize bloat and unnecessary transactions. If the coin was ever actually worth something then it would make sense to just set up bots with auto generated addresses that just move coins around my addresses thousands of times a day to try to get new coins from the PoT. Even if it was time locked and you could only earn PoT after coins sat in a wallet for say 24hrs it still encourages bloat because of unnecessary transactions every 24 hours at that point. Slower than unlimited transactions but still unnecessary bloat that doesn't scale.

dga

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Quote from: Este Nuno on July 11, 2014, 10:06:19 AM

Anyone like buying BBR every time it drops below 25% of the price of XMR?

And with their dev it's not impossible that BBR could make some progress and exceed the 25% target over time and catch up somewhat to XMR. It would take something wild happening for BBR to reach parity with XMR but 33% is not out of the question, is it?

It's a winner-takes-it-all situation, for which reason BBR is trading at a significant discount. Market sees its chances to overtake XMR as slim.

Well, I'm not quite sure how to evaluate that since the BBR emission rate is more front-loaded than XMR. I'd guess the market isn't as skeptical as you might suspect considering that right now there are much more BBR being mined.

I'm not sure how to quantify that exactly, but I would say that the market thinks that BBR has a greater than 25% chance in 'succeeding'(murky term).

In generally I'm pretty impressed with how much support BBR has gotten.

Er, that's backwards - XMR has a much faster initial emission than BBR.

ofeefee

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Activity: 1023

Merit: 1001

Tokenize Fantasy Sports

Quote from: ARGpentem on July 11, 2014, 09:02:19 AM

Quote from: drawingthesun on July 11, 2014, 09:49:28 AM

From now on, only the following coins may be mentioned in the thread:

BTC -> classic blockchain coin - POW, store of value.
XMR -> privacy enhanced coin - cryptonote approach
NXT -> second gen. coin, multi feature coin - Proof of stake
FLT -> not sure standard first ge. POW coin ?
BBR -> privacy enhanced coin - cryptonote approach
NEM -> second gen. coin, multi feature coin - Proof of importance
XCurrency -> privacy enhanced coin. Xnodes - coinjoin approach
Maidsafe -> unique, not a blockchain based coin, platform
Skycoin -> unique, unsure what it is
Siacoin -> storage coin, similar to company shares

Discussion of the other coins belongs to other threads.

I made a short note for each coin.

FLT -> not sure standard first ge. POW coin ?

FLT - Proof of Work, Proof of Stake, Proof of Transaction (only coin with this feature)

dekdek

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Merit: 10

| TeamFLT | Trader & Investor |

+1 BTC / FLT / NXT

Quanttek

member

Activity: 93

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From now on, only the following coins may be mentioned in the thread:

BTC
XMR
NXT
FLT
BBR
NEM
XCurrency
Maidsafe
Skycoin
Siacoin

Discussion of the other coins belongs to other threads.

How can we request a new coin if it offers something great to get onto this thread? PM?

Exactly this: I would add Crypti, which can be scam or potentially a fairly interesting coin

Este Nuno

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amarha

Quote from: Este Nuno on July 11, 2014, 10:06:19 AM

Anyone like buying BBR every time it drops below 25% of the price of XMR?

And with their dev it's not impossible that BBR could make some progress and exceed the 25% target over time and catch up somewhat to XMR. It would take something wild happening for BBR to reach parity with XMR but 33% is not out of the question, is it?

It's a winner-takes-it-all situation, for which reason BBR is trading at a significant discount. Market sees its chances to overtake XMR as slim.

Well, I'm not quite sure how to evaluate that since the BBR emission rate is more front-loaded than XMR. I'd guess the market isn't as skeptical as you might suspect considering that right now there are much more BBR being mined.

I'm not sure how to quantify that exactly, but I would say that the market thinks that BBR has a greater than 25% chance in 'succeeding'(murky term).

In generally I'm pretty impressed with how much support BBR has gotten.

Cablez

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Activity: 1400

Merit: 1000

I owe my soul to the Bitcoin code...

Quote from: rpietila on July 11, 2014, 10:07:13 AM

Quote from: drawingthesun on July 11, 2014, 09:49:28 AM

regarding xmr - did someone expect that low prices? - I assumed that we find after ATH a new equilibria around 0.005 or at least 0.004

I think we will. Equilibrium is not reached, it took a new wave down.

I also thought that 0.0035 would be a slightly more probable low point than 0.003 and that is again more probable than 0.0025 etc.

It is hard to see that the previous low of about 0.002 would be breached without news.

It could very well be Claymore. I mean he is getting 5% of any GPU hashing on the network for free. Low ball guess says 600 a day. The could suppress pricing.

arielbit

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Activity: 3416

Merit: 1059

From now on, only the following coins may be mentioned in the thread:

BTC
XMR
NXT
FLT
BBR
NEM
XCurrency
Maidsafe
Skycoin
Siacoin

Discussion of the other coins belongs to other threads.

How can we request a new coin if it offers something great to get onto this thread? PM?

yep..it is a dilemma, limit coins or get bombarded here with lots of alts or shitcoins or scam or whatever they call it..but i think people here would still consider reading post of a nice innovative new coin if there are such.

devphp

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