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Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 537. (Read 1009280 times)

hero member
Activity: 938
Merit: 1000
Crypto-missionary to the Kingdom of Rhegged
Just saying if you try to pump the price up to say 6sat...you will see a big dump back down to 1-2sat.....how much buy support do you think you can generate with little to no buzz on the coin.  price rise with no news will only cause it to stabilize lower or at the initial value.

There's no intention to look at 6. Yet.

The 'correct' price right now is probably around 3. If we can hold stability at that, maybe the sheep will actually look at the 'dynamics' or 'physics' of it & realise that it's not a coin for a quick buck, it's a coin to hold & enjoy the minting from.

As more realise this, the price will naturally & correctly rise in some kind of ratio with the falling block rewards & rising PoS.

I honestly believe that this time next year, Zeit will have a value in the THOUSANDS of satoshi, at least.

It should be obvious to all that actually mining Zeit is not an efficient option already, and will become even less so as the rewards fall even further. Mining something else & buying Zeit with the proceeds is a VERY good move for the community anyway, just coz a few of us agree to do it on the same evening doesn't make it a pump in the whale sense, it's just a statement of confidence which will give a feeling of being on the same team, of working with a shared purpose.

Isn't that the very definition of 'community'?
newbie
Activity: 32
Merit: 0
Just saying if you try to pump the price up to say 6sat...you will see a big dump back down to 1-2sat.....how much buy support do you think you can generate with little to no buzz on the coin.  price rise with no news will only cause it to stabilize lower or at the initial value.
hero member
Activity: 938
Merit: 1000
Crypto-missionary to the Kingdom of Rhegged
Pumping the price will not really do much, why should the coin be valued at more than 1sat ?  don't get me wrong, I like the coin, but there is no adoption, the community is not very active as far as developments ect....why would the masses want this coin, that's what we have to answer before you waste money on a pump that will get dumped right after

DUDE!

We're only 3 weeks old, give us a freaking chance!!!!

Looking at the sell walls i can only agree. To many ppl are to eager to sell, price will never get high.

I'm confident that ONCE PEOPLE REALISE WHAT THEY'RE HOLDING they won't be anywhere near so eager to sell so cheap. Remember we still have 2 or 3 (?) 'halvings' before the final evolution into a 1-coin/block. We have to be patient with the 'inertia of the ignorant' but they do need a little nudge from time to time Wink
member
Activity: 112
Merit: 10
Pumping the price will not really do much, why should the coin be valued at more than 1sat ?  don't get me wrong, I like the coin, but there is no adoption, the community is not very active as far as developments ect....why would the masses want this coin, that's what we have to answer before you waste money on a pump that will get dumped right after

DUDE!

We're only 3 weeks old, give us a freaking chance!!!!

Looking at the sell walls i can only agree. To many ppl are to eager to sell, price will never get high.
member
Activity: 93
Merit: 10
Cryptorush storie continous... same problems voor other coins now. https://bitcointalksearch.org/topic/m.5889520
hero member
Activity: 938
Merit: 1000
Crypto-missionary to the Kingdom of Rhegged
Pumping the price will not really do much, why should the coin be valued at more than 1sat ?  don't get me wrong, I like the coin, but there is no adoption, the community is not very active as far as developments ect....why would the masses want this coin, that's what we have to answer before you waste money on a pump that will get dumped right after

DUDE!

We're only 3 weeks old, give us a freaking chance!!!!
legendary
Activity: 1318
Merit: 1036
I want to remind you about our coin logo contest..
it will be the first voting at the new board. It is your turn, now. Make yourself immortal, design this coin and become the winner of the voting.
newbie
Activity: 32
Merit: 0
Pumping the price will not really do much, why should the coin be valued at more than 1sat ?  don't get me wrong, I like the coin, but there is no adoption, the community is not very active as far as developments ect....why would the masses want this coin, that's what we have to answer before you waste money on a pump that will get dumped right after
hero member
Activity: 938
Merit: 1000
Crypto-missionary to the Kingdom of Rhegged
nice to see that 2 satoshi sell wall coming down and on cryptsy we almost back up to 2 satoshi on the ltc market

It's the wall at 40 I worry about -

0.00000040   213640502.76123240      85.45620108BTC

What about the wall @ 1000 ...

0.00001000  |  10162401.15000000  |  101.62401150BTC

I don't think many of US will be worrying about that - by then I'll be earning a years' salary just from the minting Grin
sr. member
Activity: 349
Merit: 250
nice to see that 2 satoshi sell wall coming down and on cryptsy we almost back up to 2 satoshi on the ltc market

It's the wall at 40 I worry about -

0.00000040   213640502.76123240      85.45620108BTC

we can save that one for our breakfast theres enough of us here to eat all that  Wink
full member
Activity: 126
Merit: 100
nice to see that 2 satoshi sell wall coming down and on cryptsy we almost back up to 2 satoshi on the ltc market

It's the wall at 40 I worry about -

0.00000040   213640502.76123240      85.45620108BTC

What about the wall @ 1000 ...

0.00001000  |  10162401.15000000  |  101.62401150BTC
hero member
Activity: 938
Merit: 1000
Crypto-missionary to the Kingdom of Rhegged
REMEMBER....

The 'big push' is planned for Friday night.

SAVE the majority of your buying power until then.

Just make small 'sniper' buys to discourage the bottom-sellers for the next few days.
newbie
Activity: 32
Merit: 0
Just cause so many people always ask about minting....

the larger your balance that you keep the more chance you have to Mint coins.

It does not mean that exactly 20 days from getting the coins you will start minting, it means that you have the chance to mint coins

It will average out to be 25% for the first year

here is my transactions showing you the minting process.....I mined in 100K blocks from the pool, and you can see the amount of stake i'm getting as well.  You will also see a big 100K stake, cause I had my wallet off for a day or so

http://imgur.com/SO2ihqO

hope this helps
hero member
Activity: 938
Merit: 1000
Crypto-missionary to the Kingdom of Rhegged
nice to see that 2 satoshi sell wall coming down and on cryptsy we almost back up to 2 satoshi on the ltc market

It's the wall at 40 I worry about -

0.00000040   213640502.76123240      85.45620108BTC
sr. member
Activity: 349
Merit: 250
nice to see that 2 satoshi sell wall coming down and on cryptsy we almost back up to 2 satoshi on the ltc market
legendary
Activity: 1318
Merit: 1036
I don't know if I updated my wallet or not.  That being said, is there an updated (AND WORKING) Mac wallet?  I have a working one now, but unsure of the version.

Is it my last version?
plz visit the console window and type: getinfo

Have a look at Version.... it should be 1.0.1.0.

regards,
Ray

PS: Or simply choose "About Zeitcoin-qt" in menu.
member
Activity: 112
Merit: 10
v 1.0.1.0. has been officially released?

WEEKS ago!

oh dear, I was waiting for the one announced on March 22nd. And now I'm unsure as to whether updating to 1.0.1.0 is a good idea.
full member
Activity: 126
Merit: 100
Hi,

I am a Blackcoin holder at Cryptorush and was wondering: did anyone get compensated by Cryptorush for the ZEIT problem?

No, mainly because CR blamed the devs of Zeitcoin and told people to come and demand the coins off the dev.

Sadly, I think you've lost your BC.
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