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Board Announcements (Altcoins)
Re: [ANN][FLO] Florin | The original tx msg coin | Blocktech Project Alexandria
by
coinxcoin
on 06/07/2015, 00:25:13 UTC


On the bright side...
Imagine a world where you streamed a hot cam girl to talk dirty to those horny guys are the Bitcoin meetup...
I really hope you are not a prude, because this project could be a real player in the lucrative adult cam niche...
Random financial data really has no value... but the world is full of weirdos spending big $$$ for kinky live interaction.

http://www.alternet.org/inside-rapidly-growing-cam-industry-thats-changing-porn-industry-we-know-it
 

The real money is in aphrodisiacs. Boner pills. A pound of albino meat sells for upwards of $10 in Lagos. Rhinoceros horn more than $100 an ounce. The cops will not bother you selling that stuff too, as long as you respect the DMCA on your site.

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Board Announcements (Altcoins)
Re: [ANN] a new coin based on Litecoin - CHNCoin
by
coinxcoin
on 29/06/2015, 02:45:18 UTC
Why CoinMarketCap doesnt show CNC market cap?  Sad

Any available block explorer??

Coinmarketcap has a "request form" link at the bottom of the page. http://coinmarketcap.com/currencies/chncoin/

If you feel like it submit the block explorer https://coinplorer.com/CNC

The price will probably jump a bit after it is listed.
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Board Announcements (Altcoins)
Re: [ANN][FLO] Florin | The original tx msg coin | Blocktech Project Alexandria
by
coinxcoin
on 29/06/2015, 02:36:36 UTC
Hi CoinXCoin - I wanted to respond a couple days ago, but, ya know... couldn't Wink Anyway, I can't help but ignore the more trolly parts of your questions that have been asked and answered multiple times, but I'm happy to address a few that I guess we haven't really answered well enough yet.

If you are seriously going to attach florin to a DMCA challenge then you are going to destroy florin. That is obvious.

So at this point it looks like the purpose of Alexandria is to ... ? ? ? ? Give the feds an opportunity to show that they can shut down a coin? ? ?  If the florin network is facilitating DMCA violations then anyone using florin runs the risk of criminal charges?

No, I think you're really misreading things here. The purpose of Alexandria is to take advantage of a combination of P2P technologies to give content creators a platform to permissionlessly publish and distribute their work in a un-censorable and permanent way, in which they can monetize directly from their audiences. Because we have zero interest in making it a haven of piracy, our front end requires that the types of media which are most often pirated have been individually authorized by some individual in a position to do so. Publishing a movie requires providing a 'chain-of-authorization' from the IMDBid of the movie to a social media post from someone in it's production credits. Likewise with Music and eventually Shows when we can enroll a few internet tv shows to try the platform out. Videos, Podcasts and other media types require no authorization to be provided, but we plan to combat piracy in these media types through two channels: 1) a clear warning to publishers that interested parties could potentially track their submissions to their IP address and pursue them with DMCA violations, and 2) a list of content ids that we publish to the blockchain as a "piracy list" - all users on our Alexandria web portal will be forced to consider this filter list, so pirated content will not show up for them. Users of the Alexandria client will be auto-subscribed to this list to protect them from unintentionally downloading and sharing pirated media, but since this is open-source software in which forced-rules are just reasons to fork the app and fracture the user base, it really makes the most sense for us to let users of the client disable the filter if they chose (and again have to dismiss a disclosure message about why it would be a bad idea to support pirated content on the platform themselves). This is the route we need to travel, because in order for Alexandria to work as a permission-less publishing platform, there is simply no way to actually block someone from choosing to publish pirated content (since someone truly determined could just copy the format of the messages Alexandria uses to publish on the Florincoin blockchain), and it would be a major flaw if we did no allow users to chose to ignore our filter list, as doing so would make us a very clear central point of failure, which interested parties could exploit to crowbar-engineer certain content they don't like into those mandatory filter lists - by turning it on by default but letting users turn it off if they chose, there would be no significant value in anyone else taking control of our filter lists.

Why not just modify something like bearshare and add a tipping app? What advantage is there in using a block chain and forcing a massive download? It looks like the only reason it is being 'built around florin' is to pump florin.

Because the point was to decentralize all of the parts of a digital content library/market: publishing (the announcing of a piece of media and how to find it), distribution (file storage and sharing) and payments. Distribution is handled through the IPFS DHT, publishing (and commenting) is handled with Florincoin, and payments are handled with Florincoin, Bitcoin and whatever other coins publishers ask to get tipped in. I'm not sure what you are referring to by "forcing a massive download" - if you mean that you are assuming the media file is stored in the Florincoin blockchain, it's not, it is distributed via the IPFS network and only the IPFS id (a 46-character hash) and the piece of media's descriptive info get stored in the blockchain. If you mean that we're forcing the user to download the florincoin blockchain, that's also incorrect. If the user wants to use the app through an entirely decentralized pipeline, it is true that they'll have to have a local copy of the blockchain, as they'd also need a local copy of the Bitcoin blockchain if they want to use it without relying on any 3rd parties at all. But for the sake of convenience and letting people have access to the library through a web browser, we will be running a gateway at http://alexandria.media which returns the same API responses to a users front end that a local wallet would provide, so if they don't want to download and sync the blockchain, they can just have their local client point to our gateway. We're working on a 'keys-only' web-wallet, so that users can publish and comment through the gateway as well, but it's not a super high priority at the moment.

As for "Archiving information in a decentralized fashion"... Why? ? ? ? I saw the example about, for example, keeping a record of global warming, There are like 20 million servers that are plugged with this kind of information. You are saying that if there was some question about the veracity of information stored by major organizations then they could go to "the Alexandria project" and it would have reliable information because.... why? ? ? ? ? ? ?

In an archiving sense, the function that Alexandria can provide is to show a proof of publishing with a timestamp - it could be used for tweets, documents, news reports, etc - anything in which there is possible value in being able to point back to prove something was said at a certain time in a certain way at some specific time in the past. Your question about why anyone would trust that "the Alexandria project" would have "reliable information" suggests that you think we would be relying on our reputation for anyone to trust the information, but in fact it is the indelible and permanent nature of the record (I'll go out on a limb and assume that you understand that one of the most basic functions of a blockchain is that past entries in its ledger can't be changed after the fact) that gives it 'trustworthiness' and value. How much value it has will be entirely up to the people who chose to use it. It sounds like you don't think you'll be one of them, which is fine of course Wink

This function was born from the idea of capturing and storing everything mentioned on a social media platform about a given topic so that the 'immediate records of history' can be preserved in a decentralized and non-destroyable way for future use. Twitter is a great platform for sharing micro-news about things that interest you, and its a great way to get a sense of what other people around the world are saying about various topics right now - but if I wanted to try to browse and understand what kinds of things were being said about something by the whole of twitter at some past time period, this gets much more challenging, especially since tweets can be deleted. Like the media publishing aspect of Alexandria, this functionality relies on a blockchain for publishing and a DHT for distribution of actual content - in this case, the content is the raw archives of captured tweets and the publish message points to the archive on the DHT and includes plain-text summary information about the archive to make indexing, browsing and searching the data faster. The idea is to be able to store archives about the world scraped from 'the public forums' of our time.

"Like the original library at Alexandria" is funny. Could you please explain the similarity?

We chose the name as an homage to the ancient library of Alexandria, because it is known to most people for two reasons - 1) it was a great historical example of a monumental effort to collect as much recorded knowledge and history as possible for the benefit of its people and future generations and 2) most of its contents were unfortunately destroyed, a failure made possible by the fact that it was centralized.

This all looks still like a massive mound of shit. But I still have quite a few FLO so maybe I'll ignore it until I sell.

Sorry you're not a fan of the project - to be honest, you've actually been pretty rude, but I must admit I don't spend much time in the BCT forums myself, so I guess I'm not too desensitized to coin trolls yet Wink  But, hopefully my answers can be of value to others who are a bit more open minded about new things. Have a great day, and enjoy your FLO.

The one positive thing is that at least you tried to directly answer the questions I thought were substantive. The project itself does not look like it provides too much imho but if you take even the worst idea and directly approach the real questions then you may end up with a real project.
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Board Announcements (Altcoins)
Re: [ANN][FLO] Florin | The original tx msg coin | Blocktech Project Alexandria
by
coinxcoin
on 22/05/2015, 00:25:58 UTC

Alexandria allows for direct publishing of media to an audience without censorship through DMCA takedown or beause the company in control of the platform dislikes the content. It gives the potential for direct revenue for content creators in an environment that has made it increasingly difficult for musicians and other creative people to make money from their work. It allows for the archiving of information in a decentralized fashion to prevent "data loss" like the original Library of Alexandria.  

You have been given multiple explanations and links to more info. The potential seems obvious to me, and has for the better part of a year. If you don't get it, you don't get it.

Okay, now there are two fairly consistent descriptions, yours and the one by cryptolemaik that follows yours. I've followed links, watched videos, read interviews etc and the 'project' seems to change dramatically.

If you are seriously going to attach florin to a DMCA challenge then you are going to destroy florin. That is obvious.

So at this point it looks like the purpose of Alexandria is to ... ? ? ? ? Give the feds an opportunity to show that they can shut down a coin? ? ?  If the florin network is facilitating DMCA violations then anyone using florin runs the risk of criminal charges?

Why not just modify something like bearshare and add a tipping app? What advantage is there in using a block chain and forcing a massive download? It looks like the only reason it is being 'built around florin' is to pump florin.

As for "Archiving information in a decentralized fashion"... Why? ? ? ? I saw the example about, for example, keeping a record of global warming, There are like 20 million servers that are plugged with this kind of information. You are saying that if there was some question about the veracity of information stored by major organizations then they could go to "the Alexandria project" and it would have reliable information because.... why? ? ? ? ? ? ?

"Like the original library at Alexandria" is funny. Could you please explain the similarity?

This all looks still like a massive mound of shit. But I still have quite a few FLO so maybe I'll ignore it until I sell.
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Topic
Board Announcements (Altcoins)
Re: [ANN][FLO] Florin | The original tx msg coin | Blocktech Project Alexandria
by
coinxcoin
on 21/05/2015, 17:11:58 UTC

Alexandria project needs to either be explained better, if there is something being misunderstood, or it should be minimized. I watched about half the video until the player crashed and the guys seem mostly sincere but there is no substance to the project they describe. Some vague platitudes but no actual original ideas.


The ideas may not be new, but please point me to any other project actively developing those ideas daily with tangible progress already available and proven. Where is Alexandria's competition?

Developing which ideas daily?

"Tangible progress already available and proven" where?
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Board Announcements (Altcoins)
Re: [ANN][FLO] Florin | The original tx msg coin | Blocktech Project Alexandria
by
coinxcoin
on 21/05/2015, 17:05:37 UTC

You are not able to substantively answer serious questions, so you try to distract people by pointing out that you have more posts than me? Seriously? Something is very not right here.

Can you summarize what Alexandria offers in a short paragraph? I've read a bunch of interviews, watched a bit of video, researched a bit and it doesn't actually seem to have anything real except for using phrases like "free speech" and so on.

Again, can you summarize it in a short paragraph without hype.
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Board Announcements (Altcoins)
Re: [ANN][FLO] Florin | The original tx msg coin | Blocktech Project Alexandria
by
coinxcoin
on 21/05/2015, 02:05:19 UTC
The trading for quite some time involved someone putting up heavy sell walls to squeeze others into selling. When a person would buy into one of the walls then the higher ones would disappear. So it was only one person buying in quantity for quite a while, or a group of people acting together. Not a bunch of independent buyers. I won't push the issue.

If this is just a florin pump, and that is what it appears to be, my advice would be to drop it now and find a more promising application to integrate into the coin now before data coins proliferate. A lot of high powered genuine innovations are going to come into data coins eventually. Coins that get sidetracked into pumps will be left in the dust.

Alexandria project needs to either be explained better, if there is something being misunderstood, or it should be minimized. I watched about half the video until the player crashed and the guys seem mostly sincere but there is no substance to the project they describe. Some vague platitudes but no actual original ideas.
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Board Announcements (Altcoins)
Re: [ANN][FLO] Florin | The original tx msg coin | Blocktech Project Alexandria
by
coinxcoin
on 17/05/2015, 23:21:42 UTC
Also ISOHunt has $100,000 bounty on development of a truly decentralized, unkillable torrent service called OpenBay. So while this project isn't following the guidelines of that project (working directly on OpenBay), the idea is not exactly worthless. Wink

You mean
http://cointelegraph.com/news/113370/isohunt-giving-away-100000-for-improvements-to-the-piratebay-source-code
and
https://github.com/isohuntto/openbay
?
Quote from the latter "Isohunt team is closing down the Openbay project support and the competition itself because of the very low activity on the project. We’ve got hold of the developers that took part in the competition and offered them a long-term cooperation.
We are very disappointed that your activity lowered to such a level that even a 50 000$ reward couldn’t motivate you."

Again, there are lots of huge opportunities with datacoins. Some ideas people will come up with are likely to succeed, others not. Even if this were one of the better possible datacoin ideas, which it probably is not, the pumpiness of the project puts a person off.

re: "Alexandria isn't such a great idea" -- to be honest most ideas and apps aren't breathtaking on paper. Twitter and snapchat are great examples of this. Execution and network effect play a big role in deciding how long anything stays relevant. The features we've implemented with ferross's webtorrent and the protocol structure that powers alexandria (you can see it in the block chain) are very cool, at least in my opinion.

I support free sharing and so on, so if the project is serious then I'd support it. Comparing it to twitter is a stretch. You and others talk about your project. There are articles like http://bitcoinmacroeconomics.com/2015/04/17/alexandria-v0-4-alpha-florincoin/ which are embarrassing to even read and http://bitcoinist.net/exclusive-qa-with-joseph-fiscella-florincoin-and-decentralized-applications/ which kind of foreshadows a pump rather than any serious project.

It looks exactly like a pump built around a coin that has been thoroughly bought up by the pumpers. Please describe exactly what the project is expected to do, in less than 200 words, if that isn't too much to ask.
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Board Announcements (Altcoins)
Re: [ANN][FLO] Florin | The original tx msg coin | Blocktech Project Alexandria
by
coinxcoin
on 17/05/2015, 20:12:24 UTC

I've been trading flo for a long time and obviously someone bought a huge amount in the several weeks before it was mentioned on this thread on March 11, 2015 or so. Every step you have taken so far is consistent with a pump, and not consistent with a serious project.




Hey man, haven't followed the whole discussion - but for what it's worth, I received a copy of an alpha client for  Alexandria which does actually function, and tracking its network connections - it aims to do what it says and no shenanigans noticed. One of the primary devs has also livestreamed himself coding the project if you want to actually see work being done and get your eyes on some code.

I don't disagree with your points about insider trading - every crypto project will do that. You really think every altcoin needs a new codebase to do their project? The primary reason for launching a new coin is to give yourself as much manipulation potential as possible, not for some new ideal or platform. Maybe 1 out of 100  are legitimately trying to build something on top of the profit potential. All of this is a profit game and until regulation/consequences convince people to not pump/insider trade/build scamcoins, we can only accept it as part of the landscape. That being said - even if Blocktech does own a huge percentage of FLO (or more likely unnamed, officially unaffiliated partner(s) hold it) and this project is all about cashing in on that - the project IS real. I've seen it. I can send you the copy of Alexandria I have if you want (though it may be outdated at this point, I haven't been following so I'm not sure if a newer client is around). Pretty sure it's supposed to be privileged access, and I'm certainly no insider, but if you hang in crypto IRC's this thing was making the rounds.

Again, it's entirely possible and I'd say even basically certain Alexandria is primarily to make them money - but that doesn't mean Alexandria isn't real. That's more than most projects can boast/pump with - at least this manipulation is built on something tangible. If they wanted a fast pump cash-in and escape, they'dve made their own coin. At the very least Blocktech is very public, we know they're doing real work, and we know they didn't have the manipulation/scam potential of launching a fresh coin themselves so we know they're on the hook to WORK to make this profit happen.

I mean, that really leaves us with the conclusion that they're working on a project to get paid from their investments and time spent. There may be a lot more curtains around here, but uh, I feel like Alexandria is about as legit as you get around altcoin projects. Insider trading is a wash because it happens on every coin, every project, every group in crypto. To be expected.

Certainly people need to make money.

When looking at a project like this, one of the most important questions is "Which came first, the idea for the project, or the idea to pump a coin?".

Everything indicates that this is a cheap pump and the so called "block tech" is just the "new idea" they came up with to hang the pump on.

It isn't a revolutionary idea. It isn't even that useful an idea. A person would need to invest a lot of money in marketing to make it sort of work, and even then it wouldn't be likely sustainable for long.

Florin is a coin I've owned for a while. Many coins have cheap pumps associated with them. Usually the devs will step back and not promote pumps. It concerns me that the flo Dev is cooperating with the pump.

Blocktech is a mediocre project, at best, from what has been put out so far.

Your point that 'maybe 1 out of 100' new coin projects are trying to build something... is a bit off. Some projects ate 100% pump. Some are 100% substance. Most are a mix. Block tech looks to be mostly pump with a little cosmetic 'substance'.

My advice would be to make the supposed 'alpha client' public then solicit comments on features. The features and general outline that have been provided so far reflect very little of worth. The basic idea is one of countless ideas that anyone could come up with to develop a datacoin.
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Re: [ANN][FLO] Florin | The original tx msg coin | Blocktech Project Alexandria
by
coinxcoin
on 17/05/2015, 19:40:39 UTC
"The technicals on this coin right now are abysmal. Go to bittrex and select the maximum time period. Like a lot of pump coins it looks like someone tried to use fake volume to create a technical pattern. It's laughable."

No volume is fake volume.  By that statement alone you have disqualified yourself from even deserving a response.

By 'fake volume' I meant that it looked like someone had opened two accounts and was selling to themself or to a cohort.

Technical stuff is useful but when you have a small number of traders and a few people own a large chunk of the equity then it is not as useful.

What you are referring to is a "wash sale" which is traditionally used for other purposes.  Creating volume by buying and selling to yourself may attract some attention to a market, say from those who watch for that sort of thing, but most people look for heavy volume along with directional price movement which indicates the market is either under accumulation or distribution.  This coin is under accumulation.

Livermore:

"A stock which it is desired to distribute should be manipulated to the highest possible
point and then sold. I repeat this both because it is fundamental and because the public
apparently believes that the selling is all done at the top. Sometimes a stock gets
waterlogged, as it were; it doesn't go up. That is the time to sell. The price naturally will
go down on your selling rather further than you wish, but you can generally nurse it
back. As long as a stock that I am manipulating goes up on my buying I know I am all
hunky, and if need be I buy it with confidence and use my own money without fear
precisely as I would any other stock that acts the same way. It is the line of least
resistance. You remember my trading theories about that line, don't you? Well, when the
price line of least resistance is established I follow it, not because I am manipulating that
particular stock at that particular moment but because I am a stock operator at all times.

When my buying does not put the stock up I stop buying and then proceed to sell it
down; and that also is exactly what I would do with that same stock if I did not happen
to be manipulating it. The principal marketing of the stock, as you know, is done on the
way down. It is perfectly astonishing how much stock a man can get rid of on a decline.
I repeat that at no time during the manipulation do I forget to be a stock trader. My
problems as a manipulator, after all, are the same that confront me as an operator. All
manipulation comes to an end when the manipulator cannot make a stock do what he
wants it to do. When the stock you are manipulating doesn't act as it should, quit. Don't
argue with the tape. Do not seek to lure the profit back. Quit while the quitting is good
and cheap."


Long and Strong

There are so many problems with your comments. I'll only address the last part of your quote.

The difference between florincoin and, for example, IBM shares, is that a few months ago flo had a market cap around $5,000. One or more aggressive traders were squeezing coins, putting up fake sell walls etc and trying to accumulate as many coins as possible with the fake sell walls etc. Then Alexandria popped up "Hi, I'm the CEO of a company and we are going to use florin for something". So far a lot of hype, a lot of pump, an idea that is sort of okay but has little commercial potential.
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Board Announcements (Altcoins)
Re: CHNCoin resurrected!
by
coinxcoin
on 14/05/2015, 23:20:32 UTC
Is there a decent blockexplorer with richlist for this anywhere?  Would be interesting to see the distribution of coins after all this time

It looks like BTER has about half the coins https://coinplorer.com/CNC
50 wallets with 100k plus, and a lot of them are old. Interesting that a lot of the smaller wallets were created three to seven months ago. Someone has been doing something.

870,000 blocks X 88 = ~77 million coins total

If Litecoin recovers and another cnc wallet is made Chncoin could do well. Maybe risky.
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Board Announcements (Altcoins)
Re: [ANN] a new coin based on Litecoin - CHNCoin
by
coinxcoin
on 14/05/2015, 23:10:54 UTC
New thread seems to be https://bitcointalk.org/index.php?topic=322488

The coin never died but someone 'resurrected' it a while back by fixing the wallet.

When, or if, a new wallet is issued in English the coin will do well. It seems to have been announced first in 2013 on Asian language threads and some non Asians may have avoided it for that reason.
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Board Announcements (Altcoins)
Re: CHNCoin resurrected!
by
coinxcoin
on 14/05/2015, 23:03:14 UTC
'Western' miners blew this coin off since it was announced in Chinese forums first. Now almost all the coins are in China.
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Topic
Board Announcements (Altcoins)
Re: [ANN][FLO] Florin | The original tx msg coin | Blocktech Project Alexandria
by
coinxcoin
on 12/05/2015, 03:15:46 UTC
"The technicals on this coin right now are abysmal. Go to bittrex and select the maximum time period. Like a lot of pump coins it looks like someone tried to use fake volume to create a technical pattern. It's laughable."

No volume is fake volume.  By that statement alone you have disqualified yourself from even deserving a response.

By 'fake volume' I meant that it looked like someone had opened two accounts and was selling to themself or to a cohort.

Technical stuff is useful but when you have a small number of traders and a few people own a large chunk of the equity then it is not as useful.
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Board Announcements (Altcoins)
Re: [ANN][FLO] Florin | The original tx msg coin | Blocktech Project Alexandria
by
coinxcoin
on 10/05/2015, 20:39:15 UTC

Actually, your primary assumptions are incorrect, so it sure feels fuddy to me Wink

No, we don't have 40%-80% of the florin out there - in fact Blocktech has less than 5%, and we got what we have almost entirely from mining. My guess as far as the reason that there aren't a lot of sellers is that the few folks who'd been accumulating it over the past year have their eye on this project right now. Obviously I wish we had a lot more of it, but we couldn't afford to spend the minor investments we did get over the past year on anything but development costs (servers, services, developers themselves, feeding them, office space for some time). Our intent really is the project as described, and we are in fact doing it - making something work does take time, so i'm not sure why you're so callously writing it off simply because it hasn't been released publicly yet.

Edit: Also, no, we did not pay for bittrex and polo listings. We emailed them to tell them about Alexandria and they were happy to list the coin.

Anyway, just felt the need to clear up that assumption since it was so far off the mark - no hard feelings tho, I can understand your general distrust of the XYZceo monikers Wink

D

I've been trading flo for a long time and obviously someone bought a huge amount in the several weeks before it was mentioned on this thread on March 11, 2015 or so. Every step you have taken so far is consistent with a pump, and not consistent with a serious project.

Again, I have a bunch of florin long term, but am simply offering caution to people buying at this level. Remember, 4 months ago the price was around 1/20 of what it is now. Someone bought up huge amounts. Then the blocktech announcement.

It's a good coin but until the crypto markets recover in general a person should be cautious since this coin has increased a couple thousand percent already on this pump.

#######

Just an FYI,

The coin is advancing correctly from a technical perspective, i.e. higher lows and higher highs, but we do appear to be entering an area of large overhead resistance near .0018 LTC.  I would advise all the large holders, of whom I am one now also, to not be short sighted.  If you believe in this coin - hold it.  Trust me when I tell you that these coins can run farther than anyone ever imagined.  A 100 fold gain from here is not an outlandish proposition.  Please don't dump on every rise as we go up from here, as you will find it much more profitable to just let the coin run into new all time highs.  Thanks.

http://www.thebitcoinchannel.com/

P.S. Don't blame the guys from Blocktech or Alexandria Project for pumping this coin.  I can assure they are not.  I am accumulating this coin on a very long term basis because I believe in it and it's promise.  From the market testing I have performed so far, the interest in this coin is very strong and very legit.  If there is a dump to this pump it will not be me.

That's almost funny except that there are probably people who will believe you.

The technicals on this coin right now are abysmal. Go to bittrex and select the maximum time period. Like a lot of pump coins it looks like someone tried to use fake volume to create a technical pattern. It's laughable.

The coin has been going up because some person bought a huge amount and the actual float right now is small. That person or group has to keep supporting the price or they will lose their investment.

Again, it's a fine coin I've owned for a long time but the current stuff going on is not helping it long term.
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Topic
Board Announcements (Altcoins)
Re: [ANN][FLO] Florin | The original tx msg coin | Blocktech Project Alexandria
by
coinxcoin
on 08/05/2015, 19:54:46 UTC
Torrent and IT noob here. I still don`t get the main advantage Alexandria has over the existing solutions, but I am only an occasional user of the whole thing (i.e. the only way I know to handle it is to go to torrentz.eu, look for something, than click on a link and M-Torrent downloads it. That`s what a friend who knows about that stuff told me).

A lot of folks are calling this a better alternative to "the existing solutions" for Torrenting pirated content, because by replacing a website that can be shut down with a blockchain as the torrent index/repository, it is considerably more robust, but I want to be clear that this was not our actual goal - the purpose behind Alexandria is to use the P2P technology that piracy sites rely on for free wide distribution to enable artists to be in direct control of their works and how they are distributed and monetized.
...

There are a lot of little problems with your 'project'.

You started the project by buying up a lot of Florincoin, in fact a considerable percentage of all the Florincoin that exist.

Then suddenly it was listed on bittrex and poloniex. I assume you or someone associated paid for that listing. Is that correct?

And so on.

Florincoin is a good long term coin. There is no doubt that when the crypto market recovers it will do well.

But the blocktech project seems to be a simple pump built around an obvious developing trend in crypto, adding on data or block chain features.

If your intent had really been to do the project as described for its own sake you would have done it.

But instead you approach it as a pure marketing scheme. All glitz but little substance. My guess is that a person will be able to get a few days notice of an actual release of anything by watching the trading.

Again, florin is a good coin. It will do well. You probably hold 40% to 80% of the florin that exist so you will make money on it. But the project you describe will only be successful when it is released with no fake 'xyzceo' bullshit.

A lot of data coins are going to have a lot of stuff, and many of them will do well. Florin is one of those. In the short term florin will probably do well because you and your associates bought up so many coins. There aren't a lot of sellers since you have the coins. But in the long term it's prospects aren't helped by crude pumps. Very disappointing that the op was changed to mention block tech. It doesn't reflect well on the Dev.

I still have a lot of Florincoin by the way, so I'm not fudding.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][FLO] Florin | The original tx msg coin | Blocktech Project Alexandria
by
coinxcoin
on 04/05/2015, 01:02:00 UTC
I'm only locking up about 100 million coins.  We can trade with the rest ;-)

Nice name. This is a shit-coin, newbie. Run away now.

Hahaha.  Son, I was trading futures while you were still in diapers, and trading crypto when Vircurex and BTC-E were the only games in town.  Learn to read a chart:

http://www.thebitcoinchannel.com/wp-content/uploads/2015/05/FLO.png

For the benefit of anyone stumbling onto this thread.
1) The chart is meaningless. Florincoin has always been aggressively traded and the recent spike doesn't reflect anything natural.
2) But.... florincoin is a good long term coin. Data coins will probably do well and florin has a lot of positives.
3) But... the 'block tech' thing looks dubious. It does not look like a project with real commercial possibilities. Rather it looks like part of a florin pump.
4) But... the basic idea behind block tech, although probably not commercially viable is one of the reasons data coins will do well. And if block tech is successful it's long term value will not be 'block tech', rather it will be 'florincoin'.

So to sum up, block tech looks like a florin pump, but it is likely, based on florin's trading history, that the 'pump, may actually be the latter stages of someone having cornered the florincoin market. The block tech people may have bought enough florincoin that they can stabilize the price at any level simply by buying the coins that are being mined.

If that is the case then their plan is probably to continue holding until the cryptomarket recovers. So the last several weeks were the beginning of a 'pump' that won,t have a dump until the market is strong enough to absorb the coins they have at a higher price.

A person should ignore all the hype. Florincoin is an okay coin that has possibilities but is being pumped based on something that is questionable.

If block tech does the work of making florin a genuine data coin used to hold meaningful information, torrent links or whatever, and if the timing is early enough and the marketing is done well then florin could do quite well. Data coins are a wide open field ready for a lot of projects.

But if block tech cashes out without developing the coin and using the data feature then florin will flounder.