★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 393.

atronite

sr. member

Activity: 319

Merit: 250

Quote from: LionOfNarnia on May 12, 2014, 06:02:29 AM

LUVVIN'

PoS

30 sucessful mintings since midnight, who cares about MintPal dumpers when the coin is flowing so nicely into my wallet Grin

Price IS a barometer of interest my friend. Price isn't everything, but it isn't nothing either.

We need something to energize this community, something that has good marketing buzz. But not really sure what would create that.

LionOfNarnia

hero member

Activity: 938

Merit: 1000

Crypto-missionary to the Kingdom of Rhegged

LUVVIN'

PoS

30 sucessful mintings since midnight, who cares about MintPal dumpers when the coin is flowing so nicely into my wallet Grin

Rent_a_Ray

legendary

Activity: 1344

Merit: 1046

Quote from: frant100 on May 11, 2014, 02:37:52 PM

Quote from: Rent_a_Ray on May 11, 2014, 02:30:08 PM

Quote from: frant100 on May 11, 2014, 02:24:16 PM

Quote from: Rent_a_Ray on May 11, 2014, 02:07:00 PM

Quote from: frant100 on May 11, 2014, 02:00:32 PM

its been 23 days since my first minted block wich means that block is now 23 days old yet the leaf dosent say any blocks are ready for minting

do you think the latest wallet update could have reset timers or something?

Network stores your coinage, not a wallet...

ye I know wallet with addresses only give access to data on the blockchain but that dosent explain why the leaf bottom right dosent say blocks are ready for minting but the dates on transactions are 23 days old since the last mint

If it is low mint value, you have to wait.... That is business...

you seem to be missing my point

there`s an icon next to the encryption padlock which is supposed to tell you when there are blocks ready for minting

as I understand it, the very second that block turns 20 days old the icon should say there is coins ready for minting

I am not getting that

It is simple:
Mintication checks if there is a chance to mint (works only with fully encrypted wallet). If it is possible, you can open your wallet for minting.
Leaf turns back to grey.
Coinage has nothing to do with that. You have a "CHANCE" to mint after 20 days. Means not, that you mint instantly. There is a network priority.

atronite

sr. member

Activity: 319

Merit: 250

Quote from: rhadamanthes on May 12, 2014, 03:55:27 AM

The fact is that the only trades that appeared to make some volume on mintpal are panic sell trades. And this could lead people to completely give up on this coin if we get back to 1 sat (not concerned, i'm in for the long term)

Well 27 billion coins (in total existence) amounts to only 270 btc total market cap, and there isn't nearly that much on the markets. If there are 270 us in this community who truly believe in this coin, we could put in buy orders on Mint for 1 BTC each at 1 satoshi and that would put a massive buy floor on the coin.

$400-500 on the market isn't that much folks. At the end of the day, the value of a coin is in its community, just like it always has been.

But we have to start outreach programs to other folks in the TZM movement because that is what this coin is tailored to.

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

Quote from: rhadamanthes on May 12, 2014, 03:55:27 AM

The fact is that the only trades that appeared to make some volume on mintpal are panic sell trades. And this could lead people to completely give up on this coin if we get back to 1 sat (not concerned, i'm in for the long term)

That is what most people say if selling would mean accepting a huge loss (put your own number here). What is long term in terms of crypto markets?
Are CTM bag holders allowed to say the same?
For now we had one and the only pump in ZEIT that got us to double digits (17 sat at max., if I remember correctly) and since then it is all the way slide to one, which will materialise soon. Personally I would love to avoid degradation of ZEIT to LTC trading on Mintpal, but if there are no spectacular news - that is what we have in the cards. I am afraid the coin may have a similar path as CTM that also used to trade for 5 sat in the early days. Now it trades at 5 litoshi with no views on double digit litoshis in any reasonable "long term" perspective. Sadly enough, not even the best ideals and philosophy behind the coin would get the job done, if there are no people interested in buying it.

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: ouchmefoot on May 12, 2014, 03:36:04 AM

That won't happen while trading is happening. The worry is if the 1 sat buy wall disappears at which point we are in trouble and may turn into a LTC trade.

The moment the price is hitting 1 satoshi , people don't want to sell and buyers don't want to offer twice (2 satoshi) for it. That is when trading stops.

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: rhadamanthes on May 12, 2014, 03:55:27 AM

The fact is that the only trades that appeared to make some volume on mintpal are panic sell trades. And this could lead people to completely give up on this coin if we get back to 1 sat (not concerned, i'm in for the long term)

Long term? That's something hard to imagine in the crypto world.
In 5 years all the cryptos might be extinct and a new type replacing them.

So , how do you define longterm?

rhadamanthes

newbie

Activity: 76

Merit: 0

The fact is that the only trades that appeared to make some volume on mintpal are panic sell trades. And this could lead people to completely give up on this coin if we get back to 1 sat (not concerned, i'm in for the long term)

ouchmefoot

full member

Activity: 198

Merit: 100

That won't happen while trading is happening. The worry is if the 1 sat buy wall disappears at which point we are in trouble and may turn into a LTC trade.

CapSER2.0

member

Activity: 112

Merit: 10

If we continue this way we run very high risk that MintPal closes us the ZEIT market anytime! :S

infernus

newbie

Activity: 7

Merit: 0

Quote from: Ragz on May 12, 2014, 12:01:01 AM

Bout to drop down to 1sat....I is scared

Its time to get a couple of mil's of cheap zeitcoins =)

Ragz

newbie

Activity: 32

Merit: 0

Bout to drop down to 1sat....I is scared

kondiomir

legendary

Activity: 1568

Merit: 1000

Twitter @Acimirov

Anyone with sync problems ?

smoky001

member

Activity: 139

Merit: 10

Astrum

Quote from: Rent_a_Ray on May 11, 2014, 12:49:06 PM

Any idea what this could be? Grin

woa nice work! keep it going Wink

frant100

sr. member

Activity: 349

Merit: 250

Quote from: Rent_a_Ray on May 11, 2014, 02:30:08 PM

Quote from: frant100 on May 11, 2014, 02:24:16 PM

Quote from: Rent_a_Ray on May 11, 2014, 02:07:00 PM

Quote from: frant100 on May 11, 2014, 02:00:32 PM

its been 23 days since my first minted block wich means that block is now 23 days old yet the leaf dosent say any blocks are ready for minting

do you think the latest wallet update could have reset timers or something?

Network stores your coinage, not a wallet...

ye I know wallet with addresses only give access to data on the blockchain but that dosent explain why the leaf bottom right dosent say blocks are ready for minting but the dates on transactions are 23 days old since the last mint

If it is low mint value, you have to wait.... That is business...

you seem to be missing my point

there`s an icon next to the encryption padlock which is supposed to tell you when there are blocks ready for minting

as I understand it, the very second that block turns 20 days old the icon should say there is coins ready for minting

I am not getting that

Rent_a_Ray

legendary

Activity: 1344

Merit: 1046

Quote from: frant100 on May 11, 2014, 02:24:16 PM

Quote from: Rent_a_Ray on May 11, 2014, 02:07:00 PM

Quote from: frant100 on May 11, 2014, 02:00:32 PM

its been 23 days since my first minted block wich means that block is now 23 days old yet the leaf dosent say any blocks are ready for minting

do you think the latest wallet update could have reset timers or something?

Network stores your coinage, not a wallet...

ye I know wallet with addresses only give access to data on the blockchain but that dosent explain why the leaf bottom right dosent say blocks are ready for minting but the dates on transactions are 23 days old since the last mint

If it is low mint value, you have to wait.... That is business...

frant100

sr. member

Activity: 349

Merit: 250

Quote from: Rent_a_Ray on May 11, 2014, 02:07:00 PM

Quote from: frant100 on May 11, 2014, 02:00:32 PM

its been 23 days since my first minted block wich means that block is now 23 days old yet the leaf dosent say any blocks are ready for minting

do you think the latest wallet update could have reset timers or something?

Network stores your coinage, not a wallet...

ye I know wallet with addresses only give access to data on the blockchain but that dosent explain why the leaf bottom right dosent say blocks are ready for minting but the dates on transactions are 23 days old since the last mint

Rent_a_Ray

legendary

Activity: 1344

Merit: 1046

Quote from: frant100 on May 11, 2014, 02:00:32 PM

its been 23 days since my first minted block wich means that block is now 23 days old yet the leaf dosent say any blocks are ready for minting

do you think the latest wallet update could have reset timers or something?

Network stores your coinage, not a wallet...

Taburnak

member

Activity: 116

Merit: 10

just updated my client and it doesnt want to sync. ive reopened it a few times and waited up to half an hour. my coins are there at least

frant100

sr. member

Activity: 349

Merit: 250

its been 23 days since my first minted block wich means that block is now 23 days old yet the leaf dosent say any blocks are ready for minting

do you think the latest wallet update could have reset timers or something?

Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 393. (Read 1009346 times)