[XDN] duckNote [ANN]. Anonymous, CPU-efficient, Smart Economy - page 40.

adhitthana

legendary

Activity: 1190

Merit: 1000

Quote from: 33zer0w0lf on June 28, 2014, 03:14:10 AM

i don't think you understand how markets work.

I do, I've worked professionally as a trader in financial markets, off and on for over 20 years.

Quote

you don't but at 3 and sell at 2. If you investing you buy at 3 and wait for it to go up.

Not every trade is for long term investment. Plus any long term investment approach must have some risk management. Risk management means knowing when to cut a loss. This applies even moreso in the highly speculative world of crypto currencies. What investment fund manager or what investor does not have a strategy to cut a loss?
But not only are we in the highly speculative world of crypto currencies. We are at the speculative end of that world.

Quote

Also you can not randomly adjust or reduce the number of coins to solve any problem.

I'm not suggesting anything "random" happen

MoneroMooo

legendary

Activity: 1276

Merit: 1001

Quote from: RaitR on June 28, 2014, 06:29:24 AM

Had to start from the beginning, daemon is giving me alot of red, just said 0 days behind, now its 5 days behind and my coins still not appearing. Total bummer.

0 days behind sounds good. Did you not type exit to stop hte daemon when you started from the beginning ? 5 days sounds like you had a 5 day old blockchain, synced it, then stopped the daemon without saving (exit will save, but closing the window it's running in will not).

Lots of red should be OK, though it depends on the actual messages. Wait them out.

RaitR

newbie

Activity: 31

Merit: 0

Quote from: MoneroMooo on June 28, 2014, 05:55:02 AM

Quote from: RaitR on June 28, 2014, 05:24:59 AM

The wallet doesnt even work and you worry about the price? Meh...
Been trying to sync it for days now just to transfer from one market to another and I cant, its such a trap.

Works fine here. I even sent some duckNotes to a couple exchanges to play with, both arrived quickly.

You've got to know that syncing can take a long time if you sync the whole blockchain. If you stop in the middle of syncing, do so by typing "exit" in the daemon, so it will save the blockchain, and will restart from there the next time you run it - otherwise it will restart from scratch again.

Once the daemon is synced, the wallet should talk to it fine. Type "refresh" to sync to the daemon and see your balance. Do it from time to time as the daemon receives more blocks. If the daemon isn't running, the wallet won't do much.

_o<

Had to start from the beginning, daemon is giving me alot of red, just said 0 days behind, now its 5 days behind and my coins still not appearing. Total bummer.

MoneroMooo

legendary

Activity: 1276

Merit: 1001

Quote from: RaitR on June 28, 2014, 05:24:59 AM

The wallet doesnt even work and you worry about the price? Meh...
Been trying to sync it for days now just to transfer from one market to another and I cant, its such a trap.

Works fine here. I even sent some duckNotes to a couple exchanges to play with, both arrived quickly.

You've got to know that syncing can take a long time if you sync the whole blockchain. If you stop in the middle of syncing, do so by typing "exit" in the daemon, so it will save the blockchain, and will restart from there the next time you run it - otherwise it will restart from scratch again.

Once the daemon is synced, the wallet should talk to it fine. Type "refresh" to sync to the daemon and see your balance. Do it from time to time as the daemon receives more blocks. If the daemon isn't running, the wallet won't do much.

_o<

RaitR

newbie

Activity: 31

Merit: 0

The wallet doesnt even work and you worry about the price? Meh...
Been trying to sync it for days now just to transfer from one market to another and I cant, its such a trap.

PVmining

sr. member

Activity: 330

Merit: 252

@ 33zer0w0lf

...sometimes the ducknote stats on your extremepool.org does not work anymore + last block found a hour ago...
does the pool work in that moment further, because the stratum messages shows everything is fine?

joewills

full member

Activity: 182

Merit: 100

Quote from: 33zer0w0lf on June 28, 2014, 03:14:10 AM

Quote from: adhitthana on June 28, 2014, 03:07:13 AM

Quote from: 33zer0w0lf on June 27, 2014, 08:40:40 PM

its not going to get de listed after one down day. It just barely got listed anyways. patience everyone. this is how markets work.

One issue is this. The coin has buyers at 2 satoshi's and sellers at 3 satoshi's. If you buy at 3 and then decide to sell then you lose one third of your money.
Ducknotou buy at 2 and then have to sell you lose half your money. This is ahuge problem!!!es are moving down about 1 satoshi every day so soon there will buy could easily be sellers at 2 satoshi and buyers at 1 satoshi. This makes it even worse.
If we reduced the number of coins it would solve this problem.. If every 10 ducknotes turn into 1.
What would help if if we could trade at 1.1sat or 1.5 sat or 1.8 sat. Bt the excahnges we trade on dont have that function (coinedup does)

Maybe someone has some better ideas?

i don't think you understand how markets work.

you don't but at 3 and sell at 2. If you investing you buy at 3 and wait for it to go up.

Also you can not randomly adjust or reduce the number of coins to solve any problem.

There are coins with way less volume that ducknote that are still alive on the exchanges. There is no reason to worried that this coin will be delisted, ups and downs in the markets are normal.

buy XDN and make the price higher .than the problem will be solve

33zer0w0lf

full member

Activity: 224

Merit: 100

Quote from: adhitthana on June 28, 2014, 03:07:13 AM

Quote from: 33zer0w0lf on June 27, 2014, 08:40:40 PM

its not going to get de listed after one down day. It just barely got listed anyways. patience everyone. this is how markets work.

One issue is this. The coin has buyers at 2 satoshi's and sellers at 3 satoshi's. If you buy at 3 and then decide to sell then you lose one third of your money.
Ducknotou buy at 2 and then have to sell you lose half your money. This is ahuge problem!!!es are moving down about 1 satoshi every day so soon there will buy could easily be sellers at 2 satoshi and buyers at 1 satoshi. This makes it even worse.
If we reduced the number of coins it would solve this problem.. If every 10 ducknotes turn into 1.
What would help if if we could trade at 1.1sat or 1.5 sat or 1.8 sat. Bt the excahnges we trade on dont have that function (coinedup does)

Maybe someone has some better ideas?

i don't think you understand how markets work.

you don't but at 3 and sell at 2. If you investing you buy at 3 and wait for it to go up.

Also you can not randomly adjust or reduce the number of coins to solve any problem.

There are coins with way less volume that ducknote that are still alive on the exchanges. There is no reason to worried that this coin will be delisted, ups and downs in the markets are normal.

adhitthana

legendary

Activity: 1190

Merit: 1000

Quote from: 33zer0w0lf on June 27, 2014, 08:40:40 PM

its not going to get de listed after one down day. It just barely got listed anyways. patience everyone. this is how markets work.

One issue is this. The coin has buyers at 2 satoshi's and sellers at 3 satoshi's. If you buy at 3 and then decide to sell then you lose one third of your money.
Ducknotou buy at 2 and then have to sell you lose half your money. This is ahuge problem!!!es are moving down about 1 satoshi every day so soon there will buy could easily be sellers at 2 satoshi and buyers at 1 satoshi. This makes it even worse.
If we reduced the number of coins it would solve this problem.. If every 10 ducknotes turn into 1.
What would help if if we could trade at 1.1sat or 1.5 sat or 1.8 sat. Bt the excahnges we trade on dont have that function (coinedup does)

Maybe someone has some better ideas?

Mouse020

sr. member

Activity: 303

Merit: 250

No one like you

It is too hard to mined!
And it too cheap..

joewills

full member

Activity: 182

Merit: 100

someone have buy XDN by 3 sat of all .
I think the price will not go down.
It's cheap.

33zer0w0lf

full member

Activity: 224

Merit: 100

Quote from: adhitthana on June 27, 2014, 08:29:36 PM

Quote from: danteT on June 27, 2014, 07:58:09 PM

duckNote is a great coin with great future, just look at emission curve and other network specs, also look at duckNote popularity in Asia, especially in China, i hope marketing will include growing Asia markets, and i believe it will.

If Ducknote was popular it would be going up in price. Ducknote is going down in price, which means it is not popular.
If Ducknote falls any further it may get de listed.

Now ducknote may be a good coin, and I think it is, but that wont matter if it goes down and gets de listed.
So the important thing is to make sure that doesn't happen.
Ducknote is also very very cheap, but that wont matter either if it gets delisted

its not going to get de listed after one down day. It just barely got listed anyways. patience everyone. this is how markets work.

adhitthana

legendary

Activity: 1190

Merit: 1000

Quote from: danteT on June 27, 2014, 07:58:09 PM

duckNote is a great coin with great future, just look at emission curve and other network specs, also look at duckNote popularity in Asia, especially in China, i hope marketing will include growing Asia markets, and i believe it will.

If Ducknote was popular it would be going up in price. Ducknote is going down in price, which means it is not popular.
If Ducknote falls any further it may get de listed.

Now ducknote may be a good coin, and I think it is, but that wont matter if it goes down and gets de listed.
So the important thing is to make sure that doesn't happen.
Ducknote is also very very cheap, but that wont matter either if it gets delisted

danteT

full member

Activity: 120

Merit: 100

my lovely duck i will keep mining you until the last halving and 1 year more Grin

i am not concentrated on the finger showing me the direction (read BCN), i do not want to lost all the heavenly glory (read BCN and ducknote success), and i am water, my friend (keep on flowing).

All haters, go away to your Monero topics - the most angry community i`ve ever seen. First i was a supporter of Monero, but all of that rude monero trolling wearied me, too many anger, such a poor results. Make love, not war.

duckNote is a great coin with great future, just look at emission curve and other network specs, also look at duckNote popularity in Asia, especially in China, i hope marketing will include growing Asia markets, and i believe it will.

youaremysap

member

Activity: 84

Merit: 10

ddd

the number of coins is ok,zhe pump will coming soon,i believe Cool

adhitthana

legendary

Activity: 1190

Merit: 1000

Quote from: dNote on June 26, 2014, 12:56:34 PM

duckNote devs team do have the plan. 1. Latest improvements from Bytecoin -> to duckNote 2. Marketing after more duckNotes will be mined/ 3. GUI and web wallets aka remote wallets. 4. Lots of "easy start" stuff.
have a great fun.

Dev, what are the chances of doing a split so we have less coins and more liquidity?
What about changing the emission curve or even reducing the number of coins?

Zer0Sum

legendary

Activity: 1588

Merit: 1000

Quote from: adhitthana on June 27, 2014, 04:06:26 PM

Quote

Also, if they reduce the number of coins, they would also have to reduce the amount in everyone's wallet,

That would still help because one big problem is that here we have run out of decimal places. This means that the spread between the buy price and the sell price is too big in percentage terms, which is bad for liquidity.

Quote

otherwise early adopters would have a very distinct advantage.

That wont matter if it saves the coin.

Another possibility is to change the emission curve. Reduce the number of coins being released at the moment.
At the moment we have too many coins being released and it is clearly not working very well.

There are still 60 people mining ducks at extremepool...

But unless they do a 1:10 split with some kind of fork...
This 2 sat coin will be delisted... and will die.

A reverse split is done with penny stocks all the time...
To keep them liquid and trading.

adhitthana

legendary

Activity: 1190

Merit: 1000

Quote from: pwstegman on June 27, 2014, 01:50:13 PM

Quote from: adhitthana on June 27, 2014, 07:56:54 AM

Quote from: joewills on June 27, 2014, 07:52:22 AM

pump/.

Hard to see how there will be a pump. The coin is just about dead now by the look of things. At this price it would not take much to revive the coin but not much happening.
I think that one solution is to reduce the number of coins. Otherwise other CN coins will likely show up and this one will be left behind

Give ducknote some time to stabilize... miners are dumping all their previously mined coins. It's only been on exchanges for a few days.

The problem is that if something is not done more CN coins might appear and they could steal the show.

Quote

Also, if they reduce the number of coins, they would also have to reduce the amount in everyone's wallet,

That would still help because one big problem is that here we have run out of decimal places. This means that the spread between the buy price and the sell price is too big in percentage terms, which is bad for liquidity.

Quote

otherwise early adopters would have a very distinct advantage.

That wont matter if it saves the coin.

Another possibility is to change the emission curve. Reduce the number of coins being released at the moment.
At the moment we have too many coins being released and it is clearly not working very well.

pwstegman

full member

Activity: 169

Merit: 100

Quote from: adhitthana on June 27, 2014, 07:56:54 AM

Quote from: joewills on June 27, 2014, 07:52:22 AM

pump/.

Hard to see how there will be a pump. The coin is just about dead now by the look of things. At this price it would not take much to revive the coin but not much happening.

I think that one solution is to reduce the number of coins. Otherwise other CN coins will likely show up and this one will be left behind

Give ducknote some time to stabilize... miners are dumping all their previously mined coins. It's only been on exchanges for a few days.

Also, if they reduce the number of coins, they would also have to reduce the amount in everyone's wallet, otherwise early adopters would have a very distinct advantage. And if they reduce everyone's wallet, yes, the price will go up, but that wouldn't help anyone, as it was a neutral trade off.

tjypp

full member

Activity: 176

Merit: 100

XDN on btc38 http://www.btc38.com/trade/vote_for_trade.html

Topic: [XDN] duckNote [ANN]. Anonymous, CPU-efficient, Smart Economy - page 40. (Read 156942 times)