Valorbit | VAL | https://valorbit.com | Valorbit coins Distributed By Humans - page 103.

roxymusic

full member

Activity: 194

Merit: 100

Quote from: valorbit on March 19, 2016, 06:58:00 AM

Quote from: BTCdoaA on March 19, 2016, 06:37:50 AM

i am very exciting to see you working again on this coin
you have to consider contacting bittrex it is a good exchange for new coin like val
good luck

Unfortunatelly Bittrex and other exchanges list only pairs with BTC as counterparty
https://bittrex.com/home/markets

Unlike C-cex which pairs USD-VAL and DOGE-VAL and LTC-VAL.

The problem is that because the scale of 2 decimal digits trades with BTC ( satoshis ) cannot be entered.
As we see on C-CEX there is a wall at 1 satoshi because the liquid trading range is only against DOGE and USD.
Same on Yobit where VAL is listed , but has no liquidity against BTC.

So until that changes, the following exchanges seem to be the only ones that trade cryptos against
USD,EUR or DOGE,LTC and there may be a chance that they accept to list VAL:
Poloniex , Livecoin.net, Exmo

THX DEV

valorbit

newbie

Activity: 56

Merit: 0

Quote from: BTCdoaA on March 19, 2016, 06:37:50 AM

i am very exciting to see you working again on this coin
you have to consider contacting bittrex it is a good exchange for new coin like val
good luck

Unfortunatelly Bittrex and other exchanges list only pairs with BTC as counterparty
https://bittrex.com/home/markets

Unlike C-cex which pairs USD-VAL and DOGE-VAL and LTC-VAL.

The problem is that because the scale of 2 decimal digits trades with BTC ( satoshis ) cannot be entered.
As we see on C-CEX there is a wall at 1 satoshi because the liquid trading range is only against DOGE and USD.
Same on Yobit where VAL is listed , but has no liquidity against BTC.

So until that changes, the following exchanges seem to be the only ones that trade cryptos against
USD,EUR or DOGE,LTC and there may be a chance that they accept to list VAL:
Poloniex , Livecoin.net, Exmo

BTCdoaA

hero member

Activity: 910

Merit: 500

Quote from: valorbit on March 19, 2016, 06:27:54 AM

As we all know internally the cryptos use integer raw units.
The decimal place is a formatting convention for humans and correlates with a denomation like milli-bit or micro-bit.

Using the same units from Bitcoin units
we need to scale the units to compare similar things.

For 8 decimal places let's compare:
DOGE with the Mega-Val : 1 MVAL = 1 000 000 VAL

For 2 decimal places let's compare:
VAL with the micro-Doge : 1 μDOGE = 0.000 001 DOGE

Let's take two recent trades on C-cex.com

Date | Trade | Cryptos | USD total | Price
2016-03-19 07:09:48 | Buy | 1250000.00 VAL | 0.8375 USD | 0.00000067 USD/VAL
2016-03-19 08:18:07 | Buy | 444.72323738 DOGE | 0.10660016 USD | 0.0002397 USD/DOGE

The USD total stays the same , however the exchange rate to USD will be adjusted correspondingly so that the Total = Cryptos X Rate stays the same .

Comparison MVAL vs. DOGE ( both have a scale of 8 decimal places)

Date | Trade | Cryptos | USD total | Price
2016-03-19 07:09:48 | Buy | 1.25000000 MVAL | 0.8375 USD | 0.67 USD/MVAL
2016-03-19 08:18:07 | Buy | 444.72323738 DOGE | 0.10660016 USD | 0.0002397 USD/DOGE

Comparison VAL vs. μDOGE ( both have scale of 2 decimal places)

Date | Trade | Cryptos | USD total | Price
2016-03-19 07:09:48 | Buy | 1250000.00 VAL | 0.8375 USD | 0.00000067 USD/VAL
2016-03-19 08:18:07 | Buy | 444723237.38 μDOGE | 0.10660016 USD | 0.0000000002397 USD/μDOGE

Quite a rate difference between USD/VAL and USD/μDOGE !

Why would that be? Is the market right?

Working in raw units it turns out that the current supply for Valorbit is actually a lot less than Doge:

Crypto | Raw units ( integer ) | At scale of 2 decimal digits | At scale of 8 decimal digits
Valorbit | 92 233 864 645 128 900 units | 922,338,675,349,230.00 VAL | 922,338,675.00000000 MVAL
Doge | 10,354,519,659,000,000,000 units | 103,545,196,590,000,000.00 μDOGE | 103,545,196,590.00000000 DOGE

About 112 times more raw units in Doge than Valorbit ( or micro-DOGEs than VALs).

And talking about quadrillions
From Bitcoin wiki
Bitcoin has 2.1 quadrillion raw units, making up 8 decimals of BTC precision

Note: Currently about 75% bitcoins have been issued , i.e. about 1.5 quadrillions satoshis.

i am very exciting to see you working again on this coin
you have to consider contacting bittrex it is a good exchange for new coin like val
good luck

valorbit

newbie

Activity: 56

Merit: 0

As we all know internally the cryptos use integer raw units.
The decimal place is a formatting convention for humans and correlates with a denomination like milli-bit or micro-bit.

Using the same units from Bitcoin units
we need to scale the units to compare similar things.

For 8 decimal places let's compare:
DOGE with the Mega-Val : 1 MVAL = 1 000 000 VAL

For 2 decimal places let's compare:
VAL with the micro-Doge : 1 μDOGE = 0.000 001 DOGE

Let's take two recent trades on C-cex.com

Date | Trade | Cryptos | USD total | Price
2016-03-19 07:09:48 | Buy | 1250000.00 VAL | 0.8375 USD | 0.00000067 USD/VAL
2016-03-19 08:18:07 | Buy | 444.72323738 DOGE | 0.10660016 USD | 0.0002397 USD/DOGE

The USD total stays the same , however the exchange rate to USD will be adjusted correspondingly so that the Total = Cryptos X Rate stays the same .

Comparison MVAL vs. DOGE ( both have a scale of 8 decimal places)

Date | Trade | Cryptos | USD total | Price
2016-03-19 07:09:48 | Buy | 1.25000000 MVAL | 0.8375 USD | 0.67 USD/MVAL
2016-03-19 08:18:07 | Buy | 444.72323738 DOGE | 0.10660016 USD | 0.0002397 USD/DOGE

Comparison VAL vs. μDOGE ( both have scale of 2 decimal places)

Date | Trade | Cryptos | USD total | Price
2016-03-19 07:09:48 | Buy | 1250000.00 VAL | 0.8375 USD | 0.00000067 USD/VAL
2016-03-19 08:18:07 | Buy | 444723237.38 μDOGE | 0.10660016 USD | 0.0000000002397 USD/μDOGE

Quite a rate difference between USD/VAL and USD/μDOGE !

Why would that be? Is the market right?

Working in raw units it turns out that the current supply for Valorbit is actually a lot less than Doge:

Crypto | Raw units ( integer ) | At scale of 2 decimal digits | At scale of 8 decimal digits
Valorbit | 92 233 864 645 128 900 units | 922,338,675,349,230.00 VAL | 922,338,675.00000000 MVAL
Doge | 10,354,519,659,000,000,000 units | 103,545,196,590,000,000.00 μDOGE | 103,545,196,590.00000000 DOGE

About 112 times more raw units in Doge than Valorbit ( or micro-DOGEs than VALs).

And talking about quadrillions
From Bitcoin wiki
Bitcoin has 2.1 quadrillion raw units, making up 8 decimals of BTC precision

Note: Currently about 75% bitcoins have been issued , i.e. about 1.5 quadrillions satoshis.

roxymusic

full member

Activity: 194

Merit: 100

Quote from: obtus3 on March 19, 2016, 05:16:19 AM

Has the free val distribution stopped? I havent got mine for 3 days

WAIT AND WAIT .ALL GO IN RIGHT ROAD Wink

obtus3

newbie

Activity: 14

Merit: 0

Has the free val distribution stopped? I havent got mine for 3 days

alpha33

newbie

Activity: 14

Merit: 0

Quote from: BOVALL on March 19, 2016, 02:47:57 AM

par value $ 1 = 1 val

given val has a supply of 944 quadrillions, I don't know if there are enough dollar bills printed to cover that price.

mrphuong

full member

Activity: 244

Merit: 100

Free money is locked. limited free money better price.

genuin

sr. member

Activity: 406

Merit: 251

Quote from: VenMiner on March 16, 2016, 01:04:34 PM

Quote from: jack1111 on March 16, 2016, 12:43:17 PM

I think dev of this coin is working hard to make this coin better but we must wait and hold our coins , we must remember that the person who adds this coin in exchange sites isn't dev but a user, my friend you will not lose if you wait ... please wait.

Agreed with you....

whether this coin could at stake ? because I 've tried but it still remains the same total coin

genuin

sr. member

Activity: 406

Merit: 251

hayyy dev,this coin is ulala hahah http://prntscr.com/ah57d8 , http://prntscr.com/ah57rf

BOVALL

member

Activity: 148

Merit: 10

par value $ 1 = 1 val

alpha33

newbie

Activity: 14

Merit: 0

Quote from: obtus3 on March 19, 2016, 02:10:52 AM

Quote from: trenchflaint on March 19, 2016, 01:53:52 AM

With so many VAL coins that has been given as free coin how can this coin survive?.
I also have VAL but i cant see any use for this.

What else can u expect from this huge supply and free distribution

"Huge" is an understatement for the supply of this coin.

obtus3

newbie

Activity: 14

Merit: 0

Quote from: trenchflaint on March 19, 2016, 01:53:52 AM

With so many VAL coins that has been given as free coin how can this coin survive?.
I also have VAL but i cant see any use for this.

What else can u expect from this huge supply and free distribution

trenchflaint

newbie

Activity: 42

Merit: 0

With so many VAL coins that has been given as free coin how can this coin survive?.
I also have VAL but i cant see any use for this.

jack1111

hero member

Activity: 924

Merit: 500

I don't know why val price increasing in dollar market , but I think it is good for this currency , now 1000000 val = 0.55 $

genuin

sr. member

Activity: 406

Merit: 251

please dev search more investor for support buy in valorbits Angry

roxymusic

full member

Activity: 194

Merit: 100

Quote from: carlobanaag on March 18, 2016, 07:15:13 AM

How to trade when its no value lol. Why making shit coins.

let this coins in peace and go trade other coins Kiss

carlobanaag

newbie

Activity: 15

Merit: 0

How to trade when its no value lol. Why making shit coins.

roxymusic

full member

Activity: 194

Merit: 100

Quote from: mrphuong on March 18, 2016, 05:27:42 AM

C-CEX no trades for today? Who can tell me why? Huh

wait and wait , all go in order Wink

mrphuong

full member

Activity: 244

Merit: 100

C-CEX no trades for today? Who can tell me why? Huh

Topic: Valorbit | VAL | https://valorbit.com | Valorbit coins Distributed By Humans - page 103. (Read 227398 times)