★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 443.

gazzamc

full member

Activity: 189

Merit: 100

Quote from: Bluemustang on April 14, 2014, 09:20:30 AM

Quote from: sdersdf2 on April 14, 2014, 09:16:49 AM

Quote from: Bluemustang on April 14, 2014, 09:12:26 AM

Quote from: gazzamc on April 14, 2014, 09:05:45 AM

Quote from: Bluemustang on April 14, 2014, 08:03:42 AM

Quote from: podizzle on April 14, 2014, 08:01:29 AM

Quote from: Bluemustang on April 14, 2014, 07:55:51 AM

Quote from: gazzamc on April 14, 2014, 07:49:43 AM

It looks like the Multipool is doing it's job Cheesy

... finally we got away from 5 sat..

Pretty sure this movement isnt even because of the multipool (i havnt been paid in zeit yet). Likely from some whales.

the multipool has to buy zeitcoin before it can payout... hence the price going up

True but look at the 24h volume, 266btc. Even if half of those are sells the multipool wouldnt have made anywhere near that in the last 2-3 days its been running.

It doesn't have to.. there are so many bag holders that any activity would bring them over... the multipool ate through the big walls on 5 sat... and will do the same with the rest (as it gets more hashpower).. Thing is there are so many buy walls on every sat up... crazy... if all these bag holders were smart they would take down the walls and let it rise...

2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. But then the weak hands would be out sooner and let the price rise more steadily with less profit taking. That or leave the sell walls up and let the price rise slowly.

Hard to say which is better. Probably the first if it could be done

"2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. "

Exactly what I asked about earlier and the risk I worry about - that this POS coin will behave like a whale-dumpy POW coin until this whale oversupply is eaten up.... by bagholders...

Bagholders are what? People thatve been holding chunks awhile id guess?

They could be ROI miners waiting for a return on investment/time... basically anyone holding until a certain price (where they will dump).. I've been holding since the beginning but i've no problem holding for a reasonable value... as this coin can do much better than 10 sat...

Even if i was to sell i would only sell a fraction and wait and see..

Quote from: Bluemustang on April 14, 2014, 09:25:26 AM

Oh ffs, mintpal under maitenance. BAD TIMING! ><

Damn i just deposited BTC....

Bluemustang

member

Activity: 147

Merit: 10

Oh ffs, mintpal under maitenance. BAD TIMING! ><

roslinpl

legendary

Activity: 2212

Merit: 1199

Quote from: anarchyx914 on April 14, 2014, 09:04:38 AM

Upgrading to the newest wallet on Zeitcoin I am having issues... I followed the steps to the T, added the zeitcoin.conf and my wallet will not even start to sync, still stuck on block 1... Any suggestions?

Maybe your firewall if stopping it?

Try to add it to your firewall setting.

Or - just launch client and give it some time to connect with nodes.

Bluemustang

member

Activity: 147

Merit: 10

Quote from: sdersdf2 on April 14, 2014, 09:16:49 AM

Quote from: Bluemustang on April 14, 2014, 09:12:26 AM

Quote from: gazzamc on April 14, 2014, 09:05:45 AM

Quote from: Bluemustang on April 14, 2014, 08:03:42 AM

Quote from: podizzle on April 14, 2014, 08:01:29 AM

Quote from: Bluemustang on April 14, 2014, 07:55:51 AM

Quote from: gazzamc on April 14, 2014, 07:49:43 AM

It looks like the Multipool is doing it's job Cheesy

... finally we got away from 5 sat..

Pretty sure this movement isnt even because of the multipool (i havnt been paid in zeit yet). Likely from some whales.

the multipool has to buy zeitcoin before it can payout... hence the price going up

True but look at the 24h volume, 266btc. Even if half of those are sells the multipool wouldnt have made anywhere near that in the last 2-3 days its been running.

It doesn't have to.. there are so many bag holders that any activity would bring them over... the multipool ate through the big walls on 5 sat... and will do the same with the rest (as it gets more hashpower).. Thing is there are so many buy walls on every sat up... crazy... if all these bag holders were smart they would take down the walls and let it rise...

2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. But then the weak hands would be out sooner and let the price rise more steadily with less profit taking. That or leave the sell walls up and let the price rise slowly.

Hard to say which is better. Probably the first if it could be done

"2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. "

Exactly what I asked about earlier and the risk I worry about - that this POS coin will behave like a whale-dumpy POW coin until this whale oversupply is eaten up.... by bagholders...

Bagholders are what? People thatve been holding chunks awhile id guess?

gazzamc

full member

Activity: 189

Merit: 100

Quote from: Bluemustang on April 14, 2014, 09:12:26 AM

Quote from: gazzamc on April 14, 2014, 09:05:45 AM

Quote from: Bluemustang on April 14, 2014, 08:03:42 AM

Quote from: podizzle on April 14, 2014, 08:01:29 AM

Quote from: Bluemustang on April 14, 2014, 07:55:51 AM

Quote from: gazzamc on April 14, 2014, 07:49:43 AM

It looks like the Multipool is doing it's job Cheesy

... finally we got away from 5 sat..

Pretty sure this movement isnt even because of the multipool (i havnt been paid in zeit yet). Likely from some whales.

the multipool has to buy zeitcoin before it can payout... hence the price going up

True but look at the 24h volume, 266btc. Even if half of those are sells the multipool wouldnt have made anywhere near that in the last 2-3 days its been running.

It doesn't have to.. there are so many bag holders that any activity would bring them over... the multipool ate through the big walls on 5 sat... and will do the same with the rest (as it gets more hashpower).. Thing is there are so many buy walls on every sat up... crazy... if all these bag holders were smart they would take down the walls and let it rise...

2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. But then the weak hands would be out sooner and let the price rise more steadily with less profit taking. That or leave the sell walls up and let the price rise slowly.

Hard to say which is better. Probably the first if it could be done

The first to a certain price, then people will hold longer to see how high it will rise... of course weeding out the ROI miners and weak hands is always the first step for steady growth.

sdersdf2

full member

Activity: 224

Merit: 100

Quote from: Bluemustang on April 14, 2014, 09:12:26 AM

Quote from: gazzamc on April 14, 2014, 09:05:45 AM

Quote from: Bluemustang on April 14, 2014, 08:03:42 AM

Quote from: podizzle on April 14, 2014, 08:01:29 AM

Quote from: Bluemustang on April 14, 2014, 07:55:51 AM

Quote from: gazzamc on April 14, 2014, 07:49:43 AM

It looks like the Multipool is doing it's job Cheesy

... finally we got away from 5 sat..

Pretty sure this movement isnt even because of the multipool (i havnt been paid in zeit yet). Likely from some whales.

the multipool has to buy zeitcoin before it can payout... hence the price going up

True but look at the 24h volume, 266btc. Even if half of those are sells the multipool wouldnt have made anywhere near that in the last 2-3 days its been running.

It doesn't have to.. there are so many bag holders that any activity would bring them over... the multipool ate through the big walls on 5 sat... and will do the same with the rest (as it gets more hashpower).. Thing is there are so many buy walls on every sat up... crazy... if all these bag holders were smart they would take down the walls and let it rise...

2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. But then the weak hands would be out sooner and let the price rise more steadily with less profit taking. That or leave the sell walls up and let the price rise slowly.

Hard to say which is better. Probably the first if it could be done

"2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. "

Exactly what I asked about earlier and the risk I worry about - that this POS coin will behave like a whale-dumpy POW coin until this whale oversupply is eaten up.... by bagholders...

Bluemustang

member

Activity: 147

Merit: 10

Quote from: gazzamc on April 14, 2014, 09:05:45 AM

Quote from: Bluemustang on April 14, 2014, 08:03:42 AM

Quote from: podizzle on April 14, 2014, 08:01:29 AM

Quote from: Bluemustang on April 14, 2014, 07:55:51 AM

Quote from: gazzamc on April 14, 2014, 07:49:43 AM

It looks like the Multipool is doing it's job Cheesy

... finally we got away from 5 sat..

Pretty sure this movement isnt even because of the multipool (i havnt been paid in zeit yet). Likely from some whales.

the multipool has to buy zeitcoin before it can payout... hence the price going up

True but look at the 24h volume, 266btc. Even if half of those are sells the multipool wouldnt have made anywhere near that in the last 2-3 days its been running.

It doesn't have to.. there are so many bag holders that any activity would bring them over... the multipool ate through the big walls on 5 sat... and will do the same with the rest (as it gets more hashpower).. Thing is there are so many buy walls on every sat up... crazy... if all these bag holders were smart they would take down the walls and let it rise...

2 schools of thought as i see it. Taking the walls down and letting the price rise so quickly would inevitably bring in profit takers and bring the price back down. But then the weak hands would be out sooner and let the price rise more steadily with less profit taking. That or leave the sell walls up and let the price rise slowly.

Hard to say which is better. Probably the first if it could be done

Teka

hero member

Activity: 840

Merit: 1000

Coin Alliance just went live @ http://coinalliance.org/index.html . Zeitcoin is one of the members.

gazzamc

full member

Activity: 189

Merit: 100

Quote from: nearmiss on April 14, 2014, 09:10:33 AM

http://hashco.ws - Get paid out direct in Zeit. User Info -> Account Settings. Mine here, mine at a zeit-dedicated pool, doesn't really matter. More mining = more buying of Zeit = ?? = profits for all.

If hashrate picks up due to zeit-payout miners I'll do some zeit-based giveaways and awards.

Happy Mining.

Very nice, i'll be moving my hashrate over here..

nearmiss

sr. member

Activity: 448

Merit: 250

http://hashco.ws - Get paid out direct in Zeit. User Info -> Account Settings. Mine here, mine at a zeit-dedicated pool, doesn't really matter. More mining = more buying of Zeit = ?? = profits for all.

If hashrate picks up due to zeit-payout miners I'll do some zeit-based giveaways and awards.

Happy Mining.

Bluemustang

member

Activity: 147

Merit: 10

I just updated to the latest 1.0.2 and, while i didnt give it too long, the time i did give it it didnt seem to be syncing when i copied the same zeit.conf file i was using on 1.0.1 over that had the nodes. Just leaving that file out and copying nothing but the wallet.dat file over to the newly created roaming/zeitcoin folder it syncd fine.

gazzamc

full member

Activity: 189

Merit: 100

Quote from: Bluemustang on April 14, 2014, 08:03:42 AM

Quote from: podizzle on April 14, 2014, 08:01:29 AM

Quote from: Bluemustang on April 14, 2014, 07:55:51 AM

Quote from: gazzamc on April 14, 2014, 07:49:43 AM

It looks like the Multipool is doing it's job Cheesy

... finally we got away from 5 sat..

Pretty sure this movement isnt even because of the multipool (i havnt been paid in zeit yet). Likely from some whales.

the multipool has to buy zeitcoin before it can payout... hence the price going up

True but look at the 24h volume, 266btc. Even if half of those are sells the multipool wouldnt have made anywhere near that in the last 2-3 days its been running.

It doesn't have to.. there are so many bag holders that any activity would bring them over... the multipool ate through the big walls on 5 sat... and will do the same with the rest (as it gets more hashpower).. Thing is there are so many buy walls on every sat up... crazy... if all these bag holders were smart they would take down the walls and let it rise...

anarchyx914

sr. member

Activity: 338

Merit: 251

Upgrading to the newest wallet on Zeitcoin I am having issues... I followed the steps to the T, added the zeitcoin.conf and my wallet will not even start to sync, still stuck on block 1... Any suggestions?

MrKalipso

member

Activity: 114

Merit: 10

Quote from: Woland1987 on April 14, 2014, 06:27:28 AM

So. Developed of first auction with zeit cryptocurrency started!

We very hope for the help and support...

Theme on official zeit forum - http://forum.zeit-coin.com/viewtopic.php?f=27&t=115
Site - http://cryptobid.org

ehugh66

full member

Activity: 164

Merit: 100

alt fans！

the price will going on rise , now is also the low for it .
today many people has put eyes on it ,and buy it , just beangining !

Bluemustang

member

Activity: 147

Merit: 10

Quote from: podizzle on April 14, 2014, 08:01:29 AM

Quote from: Bluemustang on April 14, 2014, 07:55:51 AM

Quote from: gazzamc on April 14, 2014, 07:49:43 AM

It looks like the Multipool is doing it's job Cheesy

... finally we got away from 5 sat..

Pretty sure this movement isnt even because of the multipool (i havnt been paid in zeit yet). Likely from some whales.

the multipool has to buy zeitcoin before it can payout... hence the price going up

True but look at the 24h volume, 266btc. Even if half of those are sells the multipool wouldnt have made anywhere near that in the last 2-3 days its been running.

podizzle

hero member

Activity: 535

Merit: 500

Quote from: Bluemustang on April 14, 2014, 07:55:51 AM

Quote from: gazzamc on April 14, 2014, 07:49:43 AM

It looks like the Multipool is doing it's job Cheesy

... finally we got away from 5 sat..

Pretty sure this movement isnt even because of the multipool (i havnt been paid in zeit yet). Likely from some whales.

the multipool has to buy zeitcoin before it can payout... hence the price going up

Kreativekrypto

full member

Activity: 196

Merit: 100

idk why but my wallet always de-syncs can someone post some addnodes for me please.

Vandalay23

sr. member

Activity: 341

Merit: 250

Quote from: stevegreer on April 14, 2014, 07:48:24 AM

Quote from: Vandalay23 on April 14, 2014, 07:05:33 AM

You are totally right about responsibility here, but as far as I remember (still shows on first thread) there is a reimbursement fund of the community.
What happened to that?

Most of us who purchased zeitcoin back then are strong believers in the idea, because who else would buy a coin that is on the floor?
With prices up, it's possible to return the investment in btc with much less coins.

You are right about the reimbursement fund. Last I heard about it was that, unfortunately, there wasn't nearly enough donated into it to cover the costs of all the losses caused by CR. From what I understand, CR is "under new ownership" and the new owners have stated that they intend to try to reimburse the losses. But keep in mind that they are also dealing with Blackcoin, and I'm sure with the value of BC currently, that it is their priority. Just keep pinging them in the mean time.

There is a huge gap between "not enough funds" and "no fund at all". it would be nice to get something back. nobody is asking the community for a total refund.

Bluemustang

member

Activity: 147

Merit: 10

Quote from: gazzamc on April 14, 2014, 07:49:43 AM

It looks like the Multipool is doing it's job Cheesy

... finally we got away from 5 sat..

Pretty sure this movement isnt even because of the multipool (i havnt been paid in zeit yet). Likely from some whales.

Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 443. (Read 1009352 times)