What is the difference between Crypti trading now taking place on BTER (that is to say, actual trading marked by higher volumes than Darkcoin and running at about 25% of NXT volumes) and the trading that will take place on 10 August 2014.
Is it the case that all current trading is limited to trading between existing IPO investors. Are third parties who are not IPO investors prevented from buying Crypti until the market opens on 10 August 2014.
Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 455. (Read 804700 times)
August 07, 2014, 01:00:48 PM
August 07, 2014, 12:44:03 PM
Well, low volume and only one exchange, this calls for trouble. Can you expect a big increase in demand on Bter after network launch? I don't think so. People who use bter have already made their purchases. And many potential dumpers are still waiting for the launch with high expectations.
We do not intend to stop on a single exchange, and currently discussing the integration with several more. We put a lot of effort to make sure the integration will be as simple as possible, and Bter has already commented on how easy it goes.
That said, we do looking to do some post-launch run-time on Bter to ensure all things are working smoothly (also because Bter will receive the majority of the genesis block), and then proceed to other integrations.
August 07, 2014, 12:38:37 PM
I think this is good. Strong volume on one exchange is better than splitting it across multipe exchanges, at least to start with.
Well, low volume and only one exchange, this calls for trouble. Can you expect a big increase in demand on Bter after network launch? I don't think so. People who use bter have already made their purchases. And many potential dumpers are still waiting for the launch with high expectations.
Interesting differences of opinion. I think both views are correct (however paradoxical that may appear). This is because the only real distinguishing feature (between these viewpoints) is in fact the elapsed time from the point of open market launch (00.00 UTC on 10 August 2014).
Long term, this is a great investment. But short term, there must be more sellers than buyers (because we are the only people who own shares to sell and we may be reluctant to buy more coins at what is already a higher price).
I fully intend to grab some more coins if the price plummets to IPO levels. But I do not think it will. The price just seems to keep rising.
In summary, Buyers and Sellers alike should get what they want. Sellers with OCD will make a quick profit. Long term buyers with a little more patience should make money in the medium to long term. Its all about elapsed time from launch and the vagaries of human psychology.
August 07, 2014, 12:34:36 PM
I think this is good. Strong volume on one exchange is better than splitting it across multipe exchanges, at least to start with.
Well, low volume and only one exchange, this calls for trouble. Can you expect a big increase in demand on Bter after network launch? I don't think so. People who use bter have already made their purchases. And many potential dumpers are still waiting for the launch with high expectations.
Yeah, ok, you may be right about that.
August 07, 2014, 12:31:23 PM
poornamelessme, jokumat
+1
Yeah, to get onto new/additional big exchange is the quickest way to get new users. It helps to spread coins more widely.
+1
Yeah, to get onto new/additional big exchange is the quickest way to get new users. It helps to spread coins more widely.
Quote
Are you able to hold 6 months?
Yes. It's difficult to wait only first 2 - 3 weeks, than you forgetting about your coins. August 07, 2014, 12:27:36 PM
I expect x10 return in 6 month.
Are you able to hold 6 months?
August 07, 2014, 12:26:26 PM
I think this is good. Strong volume on one exchange is better than splitting it across multipe exchanges, at least to start with.
Well, low volume and only one exchange, this calls for trouble. Can you expect a big increase in demand on Bter after network launch? I don't think so. People who use bter have already made their purchases. And many potential dumpers are still waiting for the launch with high expectations.
Sort of agree here. I'd suggest getting on another exchange reasonably soon after Bter release, if possible. A lot of people don't use bter and possibly don't even know of the coin since it's not on other exchanges.
After a couple of days the Polo hubbub over their IPO coin should be dying down, so get it listed then, or go after Bittrex/MP/Cryptsy. Get at least one other exchange, maybe two.
August 07, 2014, 12:20:55 PM
I think this is good. Strong volume on one exchange is better than splitting it across multipe exchanges, at least to start with.
Well, low volume and only one exchange, this calls for trouble. Can you expect a big increase in demand on Bter after network launch? I don't think so. People who use bter have already made their purchases. And many potential dumpers are still waiting for the launch with high expectations.
August 07, 2014, 12:08:17 PM
I expect x10 return in 6 month.
August 07, 2014, 11:54:55 AM
Has it been announced if any other exchanges will host this besides Bter on the 10th?
I recall seeing Polo mentioned as a possibility. The devs should keep in mind that Polo will be running a new IPO coin on the 10th (I think) so it may not be the best idea to release Crypti on that exchange the same exact day.
I recall seeing Polo mentioned as a possibility. The devs should keep in mind that Polo will be running a new IPO coin on the 10th (I think) so it may not be the best idea to release Crypti on that exchange the same exact day.
We will integrate with Bter only at the launch date, this in order to distribute the genesis block and allow some actual deposits and withdrawals run.
Other exchanges will be integrated onwards.
I think this is good. Strong volume on one exchange is better than splitting it across multipe exchanges, at least to start with.
August 07, 2014, 11:50:10 AM
Has it been announced if any other exchanges will host this besides Bter on the 10th?
I recall seeing Polo mentioned as a possibility. The devs should keep in mind that Polo will be running a new IPO coin on the 10th (I think) so it may not be the best idea to release Crypti on that exchange the same exact day.
I recall seeing Polo mentioned as a possibility. The devs should keep in mind that Polo will be running a new IPO coin on the 10th (I think) so it may not be the best idea to release Crypti on that exchange the same exact day.
We will integrate with only Bter at the launch date, this in order to distribute the genesis block and allow some actual deposits and withdrawals run.
Other exchanges will be integrated onwards.
August 07, 2014, 11:46:53 AM
Has it been announced if any other exchanges will host this besides Bter on the 10th?
I recall seeing Polo mentioned as a possibility. The devs should keep in mind that Polo will be running a new IPO coin on the 10th (I think) so it may not be the best idea to release Crypti on that exchange the same exact day.
I recall seeing Polo mentioned as a possibility. The devs should keep in mind that Polo will be running a new IPO coin on the 10th (I think) so it may not be the best idea to release Crypti on that exchange the same exact day.
August 07, 2014, 11:45:18 AM
So the coins on online wallet will be destroyed on August 10th? Is this right?
Only the coins on the testnet.
All the real coins are already on the BTER exchange.
You will be able to move your coins from the exchange to your wallet on 08/10.
p.s.
The price is steadily growing, not falling.
August 07, 2014, 11:41:24 AM
I expect the price to skyrocket within 24 hours of release.
Based on what analysis
Based on human (crypto) behavior
I think that price won't skyrocket this time.
Usually on launch date, only a few people have their coins on exchanges. Therefore buyers > sellers.
Now with crypti, almost everybody has their coins on BTER. Therfore it is possible that there are more Sellers than buyers.
Few more days and we know for sure.
August 07, 2014, 11:22:14 AM
So the coins on online wallet will be destroyed on August 10th? Is this right?
August 07, 2014, 11:12:14 AM
I expect the price to #### because a lot of people will received their coins. Now there's no competition among sellers.
There is no normal mining, only forging.
The devs would be expremely stupid to flood the market with new (non IPO) coins.
Quora did it and was destroyed on day 1.
From what I've seen the dev team appears to be pretty smart. They will limit the amount of new coins.
August 07, 2014, 10:55:38 AM
I expect the price to skyrocket within 24 hours of release.
Based on what analysis
Based on human (crypto) behavior
I expect the price to #### because a lot of people will received their coins. Now there's no competition among sellers.
" #### " What kind of number is that?
August 07, 2014, 10:39:23 AM
I expect the price to skyrocket within 24 hours of release.
Based on what analysis
Based on human (crypto) behavior
I expect the price to #### because a lot of people will received their coins. Now there's no competition among sellers.
August 07, 2014, 10:36:11 AM
I expect the price to skyrocket within 24 hours of release.
Based on what analysis
Based on human (crypto) behavior
August 07, 2014, 10:30:40 AM
I expect the price to skyrocket within 24 hours of release.
Based on what analysis
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