Search content
Sort by

Showing 20 of 28 results by Jean Bax
Post
Topic
Board Announcements (Altcoins)
Re: [MNet][XMC] Payment Protocol > FromScratch|InstaTx|PoE|Sidecoins < UPDATE:11 Dec
by
Jean Bax
on 11/12/2014, 19:55:05 UTC
Release date, distribution ? can't wait
Post
Topic
Board Announcements (Altcoins)
Re: [MNet][XMC] New payment protocol FromScratch|Anon|Sidecoins|InstaTX|Customizable
by
Jean Bax
on 01/12/2014, 18:58:55 UTC
When the coin release ?
Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Jean Bax
on 15/10/2014, 21:09:57 UTC
We're not really comparing XMR notes with a BBR bagholder, are we?  

I hope you're not talking to me. I wouldn't touch BBR for one of the main reasons I don't like Monero -- its got a silly name. Boolberry? No thanks.


You remind me of some bum I saw out on the street the other day. He started off by insulting me, then he said I was a "slave of the New World Order".

Shortly after he asked if I could "lend him some money" so he could get a sandwich.

Really? That's weird. I don't think you guys are the new world order at all.

But anyways... speculation... speculation...

If XMR falls to 2 and holds, _then_ I would say it might be a good time to buy. However there are other catalysts, known unknowns if you will (in addition to some known knowns), which may collapse XMR over the long run.

Without fresh blood, real-world integration or the saving grace of a whale, XMR is doomed to die a slow death. Don't worry, so are most coins. Its just that people spent an ungodly amount of time fretting over this one.

Dear nutildah,

I second this.

Even is XMR look awesome: the real-world integration fail, we aren't in the early stage anymore, the competition is rude and stuff happening now. I know only 3 coins who are going to be integrated in "the real world": BTC, XPC and Storj.
I had some hopes in XMR, but I lose all them when Risto started to work on this "game" for Monero. Risto is someone I follow from the begin: nice BTC prediction, nice speeches, etc... the guy is very interesting and was right most of the time. He was my metric. But now he turned into a XMR bug, posting texts walls, trying to protect the coin whatever the cost. Sign of despair.
For me this game is the symbolize the fact that nothing happened and nothing gonna happen. Hopes, is the only thing the XMR community have.

Take it easy, I'm not bashing anyone.
I think the price will continue to climb down, majority of peoples will sell and not buying back.
Post
Topic
Board Speculation
Re: Bitcoin is slowly dying now, no more moon !
by
Jean Bax
on 08/07/2014, 15:02:02 UTC
I really don't understand why some peoples think it's dying when the price is going down. Bitcoin is stronger than he ever was at the moment.
It's not the altcoin market here.

If you really think BTC is dying just sell all and don't come back.
Post
Topic
Board Speculation
Re: NOW IS THE TIME TO BUY!
by
Jean Bax
on 02/07/2014, 19:08:50 UTC
Quote
NOW IS THE TIME TO BUY!

Why now ? It time to buy since the begin.
Post
Topic
Board Speculation
Re: no moon?
by
Jean Bax
on 02/07/2014, 19:07:18 UTC
stabalizing , dropping volume
but.. moon ?

Buy 20k in less than 15 minutes, you'll see some kind of moon.
Post
Topic
Board Speculation
Re: $650 is a joke !
by
Jean Bax
on 02/07/2014, 18:57:23 UTC
Again someone capricious who dream to be rich fast and now, just by buying some coins. It may happen, why not.
But at the moment... welcome to the reality.

Patience is key. Just don't watch the price for a while, you'll feel better.
Post
Topic
Board Speculation
Re: Stop talking about the damn SR coins - it is the LEAST significant price mover
by
Jean Bax
on 30/06/2014, 10:31:32 UTC
SR Auction = 30000 coins
Existing coins = 13M

Peoples are nuubcakes.
Post
Topic
Board Altcoin Discussion
Re: ***Qora is first to implement voting in a crypto currency***
by
Jean Bax
on 20/06/2014, 05:37:38 UTC
Talkcoin did it first. And they will add more voting stuff.
Post
Topic
Board Speculation
Re: does the bitcoin community trust GHash ?
by
Jean Bax
on 17/06/2014, 10:38:04 UTC
Relax they are back down to 32%.

No.

Every "relax" lead to a come back.
Post
Topic
Board Announcements (Altcoins)
Re: [PREANN][KiB] Kibweecoin | Proof-of-Contribution | Pre-launch operation started
by
Jean Bax
on 10/06/2014, 13:27:25 UTC
I'm already loving the proof of contribution. my computer is like 50 years old lol, can't mine anything with that shit. I'll give a try to kibweecoin.
Post
Topic
Board Altcoin Discussion
Re: CoinMarketCap & Co.: Should we change the ranking formula ?
by
Jean Bax
on 04/03/2014, 22:17:56 UTC
Thanks for your comments !

I would make my own website but already working on one Wink

Sure we can still find better formulas ! Their is so many factors, but we need stay simple and understandable by peoples ! I don't see which other could be included Wink
Post
Topic
Board Altcoin Discussion
Re: CoinMarketCap & Co.: Should we change the ranking formula ?
by
Jean Bax
on 04/03/2014, 10:58:27 UTC
Well it is "coinmarketcap" after all. I think what you are looking for is closer to http://www.coinwarz.com

Good point !

I'm taking CMC as example but he is not alone.

I really think this should change, especially for new comers, and indeed to avoid peoples scammed by good maths.
Post
Topic
Board Altcoin Discussion
Re: CoinMarketCap & Co.: Should we change the ranking formula ?
by
Jean Bax
on 04/03/2014, 10:55:00 UTC
They should change the formula.

I notices that even 0.1 btc pump trade on the single exchnage can bring certain coins up which is totlly not fair. I bet some guys manipulate that chart to advertize their coin to noobs (who just see crazy growth numbers and start buying bad pumped coins).

Yeah noticed this on Coinedup.

For example a coin selling at 1 and buying at 2, if you buy, the price will be 2 on Coinmarketcap, if you sell the price will be 1. It's easy to cheat the price by buying very small amount to get the higher price registered.
You can also make fake order (you buy or sell to yourself), that's increasing the traded volume. On coinedup, no trade fee, so it's free to cheat the system =)

edit: bolded something very important in your post.
Post
Topic
Board Altcoin Discussion
Topic OP
CoinMarketCap & Co.: Should we change the ranking formula ?
by
Jean Bax
on 04/03/2014, 10:31:31 UTC
edit: damn sorry posted this in 'announcement' by mistake >_<

Hi, sorry about my english. I can fix the thread if someone correct it and send me a PM.

I'm feeling that CoinMarketCap and other ranking services are not ranking correctly the coins.

The ranks maths (on CMC) are:
COIN_AVAILABLE x COIN_AVERAGE_PRICE = MARKET_CAP = RANK
That's all. Only about market cap and nothing else.

It mean any premined coin, or any premined rare coin will be on in the firsts ranks easiest than any other coins.

Look at Aurora Coin, not saying it's a bad coin or so, but he should not be on the 3rd place.
He is on 3rd only because the maths to get the rank are calculating the premined coins, and because the low supplies allow it to go high in the ranks.

How many developers will understand the math trick and start to spec the coins just to be on the firsts ranks ? Not speaking about premine stuff, but good maths can throw your coin on a good position. Not mean the coin is good, only the maths.

I really think it's broken, and not showing the real ranks. The rank is based on a 'fictive' market cap.

I'll not complaint with no solution/idea.

I think the trade activity should be a factor in the formula.
With the actual ranking system, even a not active coin can have a good position and overtake the most actives.

An other example: how Counterparty is above Vertcoin ?
http://www.cryptocoincharts.info/v2/coins/show/vtc
http://www.cryptocoincharts.info/v2/coins/show/xcp

VTC have 2/3x more daily traded volume. The coin is traded as hell but low in ranks.

Think about all the new comers into cryptocurrency, they will watch the ranks to find the famous coins, naturally they'll watch the firsts coins and probably miss the most actives ones, the bests ones.
Even some peoples may think/troll that Litecoin is dying because some new coins going upper... it's bad because litecoin is dealing with bitcoin in term of traded volume...

http://www.cryptocoincharts.info/v2/coins/info
Here for the daily volume. Litecoin should be the 2nd on the ranking system. But he is not because the maths only looking ONLY the market cap.

My idea about a new forumla is to make activity as a factor.

For example (fictive numbers):
Bitcoin have a 200k daily traded volume
Litecoin 150k
Peercoin 2000
Dogecoin 3000
Nextcoin 250
Zetacoin 20
Auroracoin 5000

We take all volume:
200000+150000+2000+3000+250+20+5000 = 360270

To get the activity factor:
Bitcoin factor = 200000 / 360270 = 0.555139201
Litecoin = 150000 / 360270 = 0.416354401
Peercoin = 2000 / 360270 = 0.005551392
Dogecoin = 3000 / 360270 = 0.008327088
Nextcoin = 250 / 360270 = 0.000693924
Zetacoin = 20 / 360270 = 0.000055514
Auroracoin = 5000 / 360270 = 0.01387848

New rank maths:

COIN_AVAILABLE x COIN_AVERAGE_PRICE x COIN_ACTIVITY_FACTOR = RANK

New ranks (rounding numbers)
Bitcoin = 700 * 12500000 * 0.555139201 = 4857468008.75
Litecoin = 16 * 26000000 * 0.416354401 = 173203430.816
Peercoin = 3.5 * 21000000 * 0.005551392 = 408027.312
Dogecoin = 0.0011 * 56500000000 * 0.008327088 = 517528.5192
Nextcoin = 0.05 * 1000000000 * 0.000693924 = 34696.2
Zetacoin = 0.0085 * 160000000 * 0.000055514 = 75.49904
Auroracoin = 90 * 10600000 * 0.01387848 = 13240069.92

1. Bitcoin
2. Litecoin
3. Auroracoin
4. Dogecoin
5. Peercoin
6. Nextcoin
7. Zetacoin

So with this new formula the ranks are more fair, based on market cap + actual trading.
The day Auroracoin will be less traded, he will leave the firsts ranks.
With the actual ranking system, even if auroracoin being not traded at all, he will stay on the firsts positions.

I'm not blaming Auroracoin, but this coin opened my eyes on how the coins are ranked.
Post
Topic
Board Announcements (Altcoins)
Re: Nxt marketing & promotion :: Nxt is now 100% Open Source! And on Cryptsy!
by
Jean Bax
on 04/03/2014, 08:32:02 UTC
Nice NXT on Cryptsy... was asking myself why the price is going down...

I have no idea if I should be happy or just cry.

Anyway, good job.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *15 Exchanges
by
Jean Bax
on 03/03/2014, 10:09:03 UTC
非常抱歉各位,上周我说我们会用4000个比特币拉升,但是由于国内腾讯突然出了个利空报道MTGOX消息,导致我们的计划搁浅。这周比特币企稳后,我们会逐步拉升。我保证


Google trad:
I am very sorry you last week, I said that we would use 4000 Bitcoin pulled, but the domestic Tencent suddenly out of a bad news story MTGOX led our plan ran aground. Bitcoin stabilized after this week, we will gradually move up. I guarantee

I hope this is real Cheesy

edit;: sorry if im pessimistic but it's look like a googled chinese, my apologies if im wrong. im under doubt atm Cheesy
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *15 Exchanges
by
Jean Bax
on 03/03/2014, 10:02:33 UTC
this coin is going down pretty hard. I am fearing for the worst here.

There is a buy wall of 43 BTC at 14 sat, don't worry ^^

Thats fake wall. If hit, then it moves down. Happened several times already.

Fake or not, PUMP!

Aye,

I think we reached bottom. I don't think whales dump more now, it will a bad move cause they can make slightly more money if they let the pump running.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *15 Exchanges
by
Jean Bax
on 03/03/2014, 08:10:04 UTC
Ladies and gentlemen…


Does everyone realize all the markets are serious down?   This is not the DEV who is dumping, it's a huge group of people of almost every alt coin.

3 days ago..

DGB was over 100, now its 50.

KARM was over 4, now its at 2.

DOGE was over 214, now its at 165.

OLY was over 82, now it's at 50.

I can keep going on.. but why.

Take a bit of a break,  relax til the markets come back.. and by all means, stop blaming the devs.  

Yes that's not so clever to accuse dev or so with no proof or anything.

But the lack of communication from them is so important on this crucial momentum, that peoples panicking. They are speaking on mintcointalk.com but they really should consider more this forum.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread
by
Jean Bax
on 02/03/2014, 11:29:26 UTC
Told ya, some post ago, some investors gonna leave, but i got destroyed. I'm coming back now it's happening.

Me + 2 of my dudes lefts in 'wait and see' mode when the dev ninja announced here he will probably change the coin rules. We did it right, the price is now 2x lesser. The 2 lasts just dumped (fud) and it looks peoples followed the move (so they were agree with this decision).

no news of the wallet + dev want manipulate the coin rules for miners = sick market

The good thing atm is the price is slightly under what he should, so even with the actual FUD that should correct a bit upper except if an investor or miner want to dump big amount and break the support.

It's normal peoples are worry don't blame them. They work to get money, they put money in a coin they love, they tell when they are happy, they tell when they are not happy. Normal.

Us and on probably lots of other investors will come back when they'll sure the new wallet is coming. That will be great if so. But we won't invest high as we did.

Just be careful to no fall in a bad circle. You want to secure the network but it's time to realize lost investors = lost miners. lost miners = lost investors. lost one of them = lost people trust.

This coin have heavy potential but the market is rough. It's easier to leave than coming back. It's easier to scare peoples than build trust. And when they come back from a scary period they don't come back at 100% most of the time.

You'll resolve nothing with this: http://forum.bitparticle.com/viewtopic.php?f=4&t=282&sid=4462fd7bae7751e45831874ec933b2af
90% of investors have not accounts here or on your forum, while maybe 75% of miners have. Votes are broken.

The market will be back fully with news of the wallet, and with a more serious thread about the changes you want to make. Atm it's look only about throwing random number they 'looks good', voted mostly by miners.
Rewards x2 won't make 2x more miners. But that can make the price 2x lower, even more.
Of course, if the market balance with the mining, no reason to panic. But it's not happening this way in peoples mind. When peoples start to see the price going down they fud (just look the upper threads), and if you look to some coins past, really nice ones got lost only because of this (ronpaulcoin, etoken, bitgem, datacoin,...).