Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 129. (Read 1009280 times)

I try to provide some liquidity for zeit/LTC over at cryptopia (and make decent profits on it, I'll add), and I'll have you know that we recently sold over 100 LTC at 225 litoshi not even 2 days ago. Whoever bought, did so up to 2 satoshi (around 310 litoshi), which is the current sell wall. Most of that wasn't even mine.

There is definitely buying interest, it just doesn't happen to come from anyone willing to artificially pump the coin (due to the fact that there is a huge amount of coins, but most of it is off the exchanges).

That being said, things like ZAN, which pay or accept payment only in zeitcoin, is what we need. That is what will give zeit its intrinsic value, ultimately.

Not while we are in 15% interest rate.
Sometime next year after the 2017 Knight Registrations.

LOL,  
let another coin try, it will be fun to watch.
Only ZEIT will be able to actually accomplish it.

 

FYI:
At ZEIT , we understand this is a Marathon not the 50 yard dash.

Good luck trying to get zeit listed there. We've tried to contact them in the past but to no avail.

I personally like the charts there, and it's a high volume exchange. If you have any ideas on how to get listed on poloniex, please spill.

Good idea. Should implement as soon as possible before some other coin does that first.

In comparison to fiat , however in actual ZEITcoins, millions are traded almost daily.
In the past day or so the ZEIT/DOGE pairing saw the highest numbers, however that changes day to day ,
may be the LTC or BTC pairing on another day.

ZAN should increase demand as it will then have a direct conversion to units of time regardless of any conversion to fiat.
To be part of ZAN , people will accept ZEIT and only ZEIT for at least one specific ad.

Example,
Say you blog or have a spot for a Banner graphics on a Webpage, if you will accept ZEIT for that specific ad space, then you can join ZAN , Some Advertiser wanting to use that space would have to buy ZEIT in order to pay you for renting the ad space.
This will increase demand for ZEIT at the exchanges. (In Theory)

 

There is very little buy interest in this coin. The biggest market is the zeitcoin doge pairing. How will demand change?

it is a good time to find all good china exchanges and sent them a message to add Zeitcoin , or maybe they want 0.2 btc to get listed there  ,lets try but we need someone who will do it 

@wjarmb ,
forget about poloniex , they don't offer anything we need.

However if you have a Favorite Chinese exchange, Ask them to add ZEIT to their trading pairs,
preferably a ZEIT / CNY  pairing now that would add something we could use.

If they agree we can provide the github and other information. Let me know.  

In the meantime You can trade here :

Exchange	Status
alcurex	Online
CoinExchange	Online
Cryptopia	Online
NovaExchange	Online
SouthXchange	Online
Yobit	Online

 

If you can trade here.     https://www.poloniex.com/   

Keep talking good sir knight. Nice spike in volume today.

Agreed it is an interesting thought.


ZEIT is a Megalith of a coin, with ~35 billion coins and an interest rate of 15% yearly.
There were some pump attempts by the same group that pumped Mintcoin, at ZEIT they never made it past 3 sat.
Pumpers are of no real worry to a coin of our size, they just can't handle our numbers.
Our coin's price will have to grow by its true value, artificial pumping will fail, only true utility with a virtual economy will work.




I personally picture the Knights as the Backbone of the coin and a stabilizing force.
As the number of Knights grow, it will stabilize our price and eventually begin to raise it.
But it will be a slow effect, as Lion stated previously becoming a Knight takes a sizeable financial investment.
Anyone selling excessive amounts of ZEIT at a cheaper rate would be welcome sight to our fledgling soon to be Knights.




Our Current Six Exchanges are not delisting fanatics like C-Cex or Bittrex, so that is not really a concern at the moment.
Even in that many coins rely on a single exchange and are slammed when it goes under.
Tek & HBN Troubles after the cryptsy collapse , which they have still not recovered, did not even faze ZEIT.

Our Market cap will be between $200,000 & $500,000, while we are at the 15% rate, after the drop to 5%, I personally expect we will see a stable coin at ~$500,000 and a few months after a slow but steady increase.

Increasing utility use is paramount to ensuring our success, so I would ask everyone , to begin thinking on what services would they offer for ZEIT .
ZAN => ZEIT Ad Network will be a big part of creating a utility use totally outside of any Fiat conversions.
The more of us that offer a service that accepts only ZEIT , the more we create a virtual economy , and the sooner the valuation gets closer to what we know it's true value is.

My example: Optional Service with only ZEIT accepted for payment, No BTC or LTC or any other coins
The more of us that offer some type of service, the more we grow our ZEIT specific economy.

 

"WHY ALTCOIN PROJECTS NEED MARKET MAKERS"

http://cryptohustle.com/why-altcoin-projects-need-market-makers


This is something to think about guys.




"MARKET MAKERS AS THE SOLUTION

All of this (the problems of not having market makers.....see article link) can be avoided if project developers find professional market makers to keep the order books healthy. Stack both sides of the order book with an automated trading algorithm and you increase the chances of keeping your project alive.

Here are the benefits of market making:

Pumpers won’t be able to manipulate the markets as easily.
Reduce the amount of slippage for all participants.
The project will have more miners because they’ll be able to sell coins to cover expenses. This will increase decentralization.
Merchants will actually consider accepting your coin.
Traders will be able to effectively execute orders. This leads to higher trading volume stats.
Developers will be able to pay themselves for their work.
Exchanges will keep the coin listed and new exchanges may add it.
Holders will be happy to see their investment retain its value.
Coins that have higher trading volume tend to attract new users into the space. These new users are important to offset the selling pressure from miners, developers and merchants.
Developers for new coins should factor this into their business strategy and older projects may want to consider reviving their markets. Fail to do this and chances are your project may end up in a dusty graveyard of worthless altcoins. "

Question was asked in a discussion topics, re-posting here so our community is aware.

Sorry but are you sure about that?



They will only cost you 27.00 Euros each to advertise for them, no you don't get paid, they do.

Advertising, the psychology of persuasion. 

Hmm, the way I can see this working is if there was some way to calculate the possible value of "1 minute" based on past website activity, as well as some kind of "proof of impression" mechanism to detect how many of those visitors had some kind of ad blocker program installed (so if a particular web page got 10k views, but 4k had ad blocker, they would only be worth "6k" views for that month).

The simpler and easier you can make it for website owners and advertisers to simply do their thing with minimal effort, the better I think. If I'm a website (or forum member) owner, I just want to be paid the max amount of zeit. And if I'm an advertiser, I want to not only advertise on websites that result in most sales/signups, but also be able to perform data analytics to better target my advertisements.....keeping websites that drive most of my sales while ditching those that aren't worth the zeit.  

TShirt? I've never seen a T-Shirt with ever changing advertisements.  

Also, the only way you can convince half a classroom full of students to wear the same shirt is if they can actually get paid for wearing that shirt. And paid well.

Ad time would be charged like a billboard ad, a certain # of ZEIT is agreed between two parties to be = to 1 minute,
The advertiser then pays the ad space renter, that exact amount of ZEIT for 1 month.
There is no counting clicks , views , person's time on site, page hits , all of which are so manipulated , it pretty worthless.
Unlike other ad networks,
as the ad buyer , you know your advertising will last exactly 30 days, not be used up in a few hours because Google claims so many people clicked on your link.
as the ad seller, you know exactly how much you are being paid before you even host the ad.
(Their will be no rotating ads by flash , a fixed link or graphic with a direct links only.)

The only thing counted is time, 1 month that link or graphic will be hosted by the person renting the space, at the end of the month they renegotiate how many ZEIT =1 minute for the next month, if they want to continue. The Advertisers will choose the individuals & the individuals will accept or deny .
ZAN will not operate like other ad networks, as they always leave both sites feeling cheated.
Both sides agree to a rate for 30 days and then fulfill their parts of the agreement.
Some people may request escrow services , so their will be a use for ZEIT escrow agents sometime next year.

Anything that is ad space , will be considered, examples ,
Web site banners, BTCtalk spaces, even TShirt advertising
Imagine walking to a college class and half the students are wearing a Tshirt advertising the same video game, Your ability to target and be received will be higher than anything modern ads have , as we all tend to block most of them out due to over saturation.

But as with most things , we'll start to fine tune ZAN as we create it.

 

Also, what are you all's thoughts on evergreen coin?

https://bitcointalksearch.org/topic/annegc-evergreencoin-environmental-green-causes-full-7-pos-foundation-1272091

Seems like another fairly solid POS coin with active dev and an actual community.

By ad time, do you mean how long a user happens to remain on a particular page?

If that's the case, what prevents a website owner from creating a bunch of views from other "sources" and just have them look at the web page.....forever? Thereby creating many false hours worth of charges? Even if the ad would change to another web client after 1 minute passes, it would still disperse the losses among all the clients.

Also, it's not like you're alone in this space, even if you might be the first person to do this for zeitcoin:

https://adbit.co/
https://bitmedia.io/
http://bitcoinbarrel.com/bitcoin-advertising-networks/

Considering that you have to buy bitcoin or litecoin in order to even obtain zeitcoin, it seems like you are still indirectly competing with these guys (unless your "time" calculation is the innovation you are bringing to the online advertisement industry).

I assume you already have a means of ensuring that the ads are targeted according to the visitor on the page, like how all the ad companies operate these days? Or is it targeted depending on the type of website showing the ads?

That is very interesting. I will be watching as I have quite the investment in zeitcoin.

ZAN => ZEIT AD Network   

We start it next year after we move into the final 5% rate.

One of the issues, that was bugging me was the calculation of 1 ZEIT would be equal to 1 minute.
The Answer finally came to me, is that ZAN will have to be a Tier style system,
meaning the people renting ad space would ask for a specific tier of say 1 ZEIT = 1 minute of Ad time, and then charge on a Monthly Basis.
However, their will be advertisers that only offer to pay at a tier of  .01 ZEIT = 1 minute .

With ZAN, we change the rules and give ZEIT a Utility outside of FIAT conversion ,
A Direct ZEIT to Unit of Time Conversion, with this we will be on the path to our goals.

As we are creating ZAN , we will also be using it to market our coin & ad network.
ZAN will not be a crappy paid per click or varying payment per view, (Too many shenanigans with those),
It will be strictly a payment for Ad time offered, no matter how little or how many views or clicks occur,
and it will only be offered in 1 month increments so market fluctuations, don't affect it too greatly.