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Topic: Why is ANC So Low? (Read 1332 times)

legendary
Activity: 1876
Merit: 1000
April 16, 2014, 03:40:19 AM
#24
ANC is a work in progress but I got a feeling soon enough it will be the dominate goto anon coin.
legendary
Activity: 1918
Merit: 1001
April 16, 2014, 03:18:03 AM
#23
It's a coin that hasn't achieved anonymity despite being out for a long time. Now the plan is to free ride on ZeroCoin (which has its own problems related to the initial RSA key for the accumulator and the general lack of vetting of zero-knowledge proof systems).

Byte, Dark, and even Zero itself are more interesting.

Do you think dark will reach the same price as bitcoin has?
hero member
Activity: 560
Merit: 500
April 16, 2014, 03:15:45 AM
#22
It's a coin that hasn't achieved anonymity despite being out for a long time. Now the plan is to free ride on ZeroCoin (which has its own problems related to the initial RSA key for the accumulator and the general lack of vetting of zero-knowledge proof systems).

Byte, Dark, and even Zero itself are more interesting.
hero member
Activity: 588
Merit: 501
April 16, 2014, 03:15:07 AM
#21
The reason that ANC is not taking off is simple:
There are other far superior coins such as Darkcoin or even Fedoracoin.
ANC used i2p which basically makes your IP address private, but you can still trace transactions to a given address.

Darkcoin addresses this issue with darksend, which splits up the transaction across multiple nodes, so you cant directly link the sender.

1) thanks for your response
2) the since the time of the initial post ANC have risen sharply, then came back down to where it is
and
3) both coins you speak of are cut from the same cloth, from which you can create Gox wardrobes

legendary
Activity: 1918
Merit: 1001
April 16, 2014, 12:21:01 AM
#20
The reason that ANC is not taking off is simple:
There are other far superior coins such as Darkcoin or even Fedoracoin.
ANC used i2p which basically makes your IP address private, but you can still trace transactions to a given address.

Darkcoin addresses this issue with darksend, which splits up the transaction across multiple nodes, so you cant directly link the sender.
full member
Activity: 140
Merit: 100
April 15, 2014, 11:43:52 PM
#19
Anc is on move,
I hope people realise how important is anonymity.
Anonymity is not a crime, it is freedom.


Some little rise of volume, and price is UP!
There are not many coins , just 878k, and total will be 4.2M

It looks like much of the Gox situation was essentially ANCed




Anc is on move,
I hope people realise how important is anonymity.
Anonymity is not a crime, it is freedom.

Some little rise of volume, and price is UP!
There are not many coins , just 878k, and total will be 4.2M

We will see 50$ per ANC soon...




hahahahaaaa ... you might see Jesus before that happens


The peak of BTC was approx $1200, the peak of ANC was .0148 BTC that results in about $18 ... as such if all of the stars align just for ANC, you should not expect to see  more than $20

During BTC peak, ANC didn't have Zerocoin yet. This time is different.
hero member
Activity: 588
Merit: 501
April 15, 2014, 11:07:36 PM
#18
Anc is on move,
I hope people realise how important is anonymity.
Anonymity is not a crime, it is freedom.


Some little rise of volume, and price is UP!
There are not many coins , just 878k, and total will be 4.2M

It looks like much of the Gox situation was essentially ANCed




Anc is on move,
I hope people realise how important is anonymity.
Anonymity is not a crime, it is freedom.

Some little rise of volume, and price is UP!
There are not many coins , just 878k, and total will be 4.2M

We will see 50$ per ANC soon...




hahahahaaaa ... you might see Jesus before that happens


The peak of BTC was approx $1200, the peak of ANC was .0148 BTC that results in about $18 ... as such if all of the stars align just for ANC, you should not expect to see  more than $20
full member
Activity: 238
Merit: 100
April 15, 2014, 03:25:26 PM
#17
Agree with all that is said above.
When the testnet goes live in the next week(s) i expect more people to jump in.

The only worthy competitor atm regarding Anonymity is CryptoNote (which uses ring signatures and one time addresses)
full member
Activity: 140
Merit: 100
April 15, 2014, 03:13:10 PM
#16
Anc is on move,
I hope people realise how important is anonymity.
Anonymity is not a crime, it is freedom.

Some little rise of volume, and price is UP!
There are not many coins , just 878k, and total will be 4.2M

We will see 50$ per ANC soon...
hero member
Activity: 527
Merit: 500
April 15, 2014, 02:34:11 PM
#15
Anc is on move,
I hope people realise how important is anonymity.
Anonymity is not a crime, it is freedom.

Some little rise of volume, and price is UP!
There are not many coins , just 878k, and total will be 4.2M
hero member
Activity: 588
Merit: 501
April 11, 2014, 07:22:57 PM
#14
I started reading this and thought oh here's another stupid attempt at pumping a coin, and then I kind of agreed and went to Cryptsy and sold all my Darkcoin and bought Anoncoin.

Your statement just made my day, awesome!  Grin

I'm not sure if it's just a coincidence or if you are a serious investor. Either way, great graphs at cryptsy right now.



I get into ANC then when I thought there wasn't much UP left in the swing ran to DKC, actually I was in both for a few pennies a bit then decided to liquidate the stuck-in-the-mud VRT to get in deep with DKC, was investing nicely then all of  a sudden the crash shown, most of the time I would dive right in, but THIS time I thought, waitttttt a second, what if this crash goes longer than my wallet, let's just throw in a couple pennies let's some others have some fun and let's see it it goes lower than the 124 ... NOPE.   Yeah, it backfired and I'm still pissed, now I'm looking at 130s again and NO movement (just like VRT).

well, time for a nap, when I wake I'll take a look at  "QRK, HoboNickels, DGC" as suggested, hope I would not have slept though a good opportunity with any of those.

sr. member
Activity: 290
Merit: 250
April 11, 2014, 05:18:39 PM
#13
I started reading this and thought oh here's another stupid attempt at pumping a coin, and then I kind of agreed and went to Cryptsy and sold all my Darkcoin and bought Anoncoin.

Your statement just made my day, awesome!  Grin

I'm not sure if it's just a coincidence or if you are a serious investor. Either way, great graphs at cryptsy right now.

legendary
Activity: 1106
Merit: 1000
April 11, 2014, 04:47:03 PM
#12
I started reading this and thought oh here's another stupid attempt at pumping a coin, and then I kind of agreed and went to Cryptsy and sold all my Darkcoin and bought Anoncoin.
hero member
Activity: 588
Merit: 501
April 11, 2014, 01:49:25 PM
#11
There is also very little anc for sale. Just look at the orrderbook at cryptsy, which show the 100 lowest sell orders. It is not more then 3535,404126 anc in those 100 sell orders combined for a total value of 6,65 btc. If someone were to buy just those anc it would drive the price up 43,65%. Compared to drk, if someone were to buy the 100 lowest sell orders it would only drive the price up 7,87%. This is current numbers, copy pasted to excel, and should not be used for reference. Smiley

I don't know who the F you are, but may I call you Sensei - that was exceptionally sharp and mind-opening analysis -- thanks

and it just so happens that I'm considering both of the coins you referred to. 

well it looks like the sleeping giant ANC has awakened and since the coin appears to be legit, I might as well grab what I could before it's too late.



I think this is the time to grab some too judging by the cryptsy orders. Looking a month back it's currenly at half the price it was, and looking even further back the cost is currently about 15% of the all time high.


Great observation by shtako  Grin

exactly what you did is how I did my critical analysis


Question, what else looks like a sleeping giant? 

sr. member
Activity: 290
Merit: 250
April 11, 2014, 01:37:32 PM
#10
I don't think development is being continued on it. Along with the fact there is very little demand for the coin itself.
? are you sure development has ceased ?


others are sayinging they are implementing zerocoin into it soon?
which is correct , dead or still developing hard?

That development has ceased is _not_ correct. The development has continued steadily for 8 months, with various updates, and improved wallet in regards to making the i2p/tor setup a lot easier. You can view some  of the recent ZC progress at https://twitter.com/anoncoinproject

The progress is described more in-detail as of last months blogpost at https://sigterm.no/blog/6/

It's just about ready to wake up.  Grin
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
April 11, 2014, 01:28:43 PM
#9
I don't think development is being continued on it. Along with the fact there is very little demand for the coin itself.
? are you sure development has ceased ?


others are sayinging they are implementing zerocoin into it soon?
which is correct , dead or still developing hard?
full member
Activity: 238
Merit: 100
April 11, 2014, 01:14:43 PM
#8
I don't think development is being continued on it. Along with the fact there is very little demand for the coin itself.
sr. member
Activity: 290
Merit: 250
April 11, 2014, 12:39:05 PM
#7
There is also very little anc for sale. Just look at the orrderbook at cryptsy, which show the 100 lowest sell orders. It is not more then 3535,404126 anc in those 100 sell orders combined for a total value of 6,65 btc. If someone were to buy just those anc it would drive the price up 43,65%. Compared to drk, if someone were to buy the 100 lowest sell orders it would only drive the price up 7,87%. This is current numbers, copy pasted to excel, and should not be used for reference. Smiley

I don't know who the F you are, but may I call you Sensei - that was exceptionally sharp and mind-opening analysis -- thanks

and it just so happens that I'm considering both of the coins you referred to. 

well it looks like the sleeping giant ANC has awakened and since the coin appears to be legit, I might as well grab what I could before it's too late.



I think this is the time to grab some too judging by the cryptsy orders. Looking a month back it's currenly at half the price it was, and looking even further back the cost is currently about 15% of the all time high.


Great observation by shtako  Grin
hero member
Activity: 588
Merit: 501
April 11, 2014, 11:32:47 AM
#6
There is also very little anc for sale. Just look at the orrderbook at cryptsy, which show the 100 lowest sell orders. It is not more then 3535,404126 anc in those 100 sell orders combined for a total value of 6,65 btc. If someone were to buy just those anc it would drive the price up 43,65%. Compared to drk, if someone were to buy the 100 lowest sell orders it would only drive the price up 7,87%. This is current numbers, copy pasted to excel, and should not be used for reference. Smiley

I don't know who the F you are, but may I call you Sensei - that was exceptionally sharp and mind-opening analysis -- thanks

and it just so happens that I'm considering both of the coins you referred to. 

well it looks like the sleeping giant ANC has awakened and since the coin appears to be legit, I might as well grab what I could before it's too late.

hero member
Activity: 779
Merit: 502
April 11, 2014, 09:36:01 AM
#5
There is also very little anc for sale. Just look at the orrderbook at cryptsy, which show the 100 lowest sell orders. It is not more then 3535,404126 anc in those 100 sell orders combined for a total value of 6,65 btc. If someone were to buy just those anc it would drive the price up 43,65%. Compared to drk, if someone were to buy the 100 lowest sell orders it would only drive the price up 7,87%. This is current numbers, copy pasted to excel, and should not be used for reference. Smiley
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