Re: [ANN] AIRcoin - Professional Investment, No Fees, Rising Exchange Rate
Here are some statistics from our launch:
25 BTC Volume in the first 6 hours. AIRcoin alone provides 13% of Poloniex's total volume.
AIRcoin's market capitalization is (at this post, .00202 BTC/AIR, 640 BTC/USD) $3,225,865.09 making it the 19th largest Cryptocoin by market capitalization.
There are currently 153 BTC worth of AIR ($97,925.26) in circulation that is not part of the original premine. We estimate that about 30% of that is being actively traded, based on the trade volume and size of deposits on Poloniex.
Deposits from AIRcoin wallets to Poloniex (from our tests) take an average near 15 minutes to be able to trade.
Thanks to our market making algorithms, the spread has remained near 3% through most of the trading period, allowing quick sales. This is one reason for the high volume.
My prediction is price will hit 0.05 in the next week. Don't sell too early and regret.
You are quite correct. Until the price reaches 0.005 BTC/AIR, it will remains "cheaper" to buy AIR and mine other coins at a lower difficulty. Hashrates have been consistently over 850 MH/S all night during the launch. We, unfortunately, have been close, but have not yet broken 1 Gigahash. However, we are at 953 MH/S, so it is possible that we may yet still breach it within the next 6 hours.
25 BTC Volume in the first 6 hours. AIRcoin alone provides 13% of Poloniex's total volume.
AIRcoin's market capitalization is (at this post, .00202 BTC/AIR, 640 BTC/USD) $3,225,865.09 making it the 19th largest Cryptocoin by market capitalization.
There are currently 153 BTC worth of AIR ($97,925.26) in circulation that is not part of the original premine. We estimate that about 30% of that is being actively traded, based on the trade volume and size of deposits on Poloniex.
Deposits from AIRcoin wallets to Poloniex (from our tests) take an average near 15 minutes to be able to trade.
Thanks to our market making algorithms, the spread has remained near 3% through most of the trading period, allowing quick sales. This is one reason for the high volume.
Code:
Est Next Difficulty 27.50500303 (Change in 1809 Blocks)
My prediction is price will hit 0.05 in the next week. Don't sell too early and regret.
You are quite correct. Until the price reaches 0.005 BTC/AIR, it will remains "cheaper" to buy AIR and mine other coins at a lower difficulty. Hashrates have been consistently over 850 MH/S all night during the launch. We, unfortunately, have been close, but have not yet broken 1 Gigahash. However, we are at 953 MH/S, so it is possible that we may yet still breach it within the next 6 hours.
It's gonna show up close to the top and suddenly be worth from 3 to 4 million. Buying craze ensues like Aurora.
12 days ago I told everyone about it but no one listened. https://bitcointalk.org/index.php?topic=498509.msg5487538#msg5487538
