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Showing 9 of 9 results by lanceajones
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Board Announcements (Altcoins)
Re: Minexcoin - A new era of payments
by
lanceajones
on 04/05/2018, 20:16:19 UTC
This coin was supposed to be stable as one of it's features. It has lost 200 positions in the last three weeks, that's stable bad. Time to sell.
This coin need all ecosystem to be implemented to gain it maximum potential.

I just wonder if it might have been better to wait until all ecosystem was implemented before making such a drastic change as dropping interest rates by 60%. I understand that having a monthly interest rate of 13+% was not sustainable, but they could have gradually reduced the interest rates over time instead of one big drop. I bet the price would have remained stable if they did that, but I guess we'll never know.



My point is only that according to the whitepaper as below:
 
"Low volatility of the coin (within a five-percent range) achieved autonomously with
 traditional financial tools;
— Predictable and controllable annual growth of the coin’s price which correlates with
 average annual price growth calculated for a portfolio of most popular altcoins (around
 33.6 percent)." There is more, but this is the crux of it.

These are the features I bought the coin for, somewhere to park that was more stable. If the coin isn't doing what I bought it for then I need to move on. Eventually I am sure they will get it working the way it was intended. It isn't there yet, so better to use another avenue and come back when it is more mature and is functioning in the manner in which I expected it to. One thing you learn in the stock market it to let stocks go that are not doing what you want of them and do not ride them to long in the wrong direction. I am only down slightly at this time while the rest of my profile is doing well, so there are simply better ROI at this time.
Post
Topic
Board Announcements (Altcoins)
Re: Minexcoin - A new era of payments
by
lanceajones
on 04/05/2018, 03:13:49 UTC
This coin was supposed to be stable as one of it's features. It has lost 200 positions in the last three weeks, that's stable bad. Time to sell.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] NANJCOIN [Vol.MAX1500BTC/24h]
by
lanceajones
on 20/04/2018, 00:45:41 UTC
Glad Coinmarketcap finally fixed the marketcap I complained about before. Best to have it in the proper position.
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Topic
Board Announcements (Altcoins)
Re: [ANN] NANJCOIN [Vol.MAX1500BTC/24h]
by
lanceajones
on 16/04/2018, 06:38:37 UTC
Yes, but after so long this is the first pump and dump I got caught in. Usually they are faster and easier to recognize (i.e. coin has little or no value and the volume is very small). This token didn't show the classic signs, but I should have looked more under the hood. Still seems like good project, not great, as it doesn't have any real distinctive advantages like speed, staking, cost of transactions or anything else I can see, except love of sports. Shame on me for missing the signs, but hopefully it will recover.
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Topic
Board Announcements (Altcoins)
Re: [ANN] NANJCOIN [Vol.MAX1500BTC/24h]
by
lanceajones
on 15/04/2018, 05:07:17 UTC
Made a bad mistake on this coin. My own fault for not recognizing the pump and dump. This was a little slower pump and dump than most, but that is what it was. Hopefully the token will go back up, but right now it is dying fast! HODL and pray
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Topic
Board Announcements (Altcoins)
Re: [ANN] NANJCOIN listed on CoinExchange! [Vol.MAX1100BTC]
by
lanceajones
on 04/04/2018, 18:42:01 UTC
The market cap for this coin on Coinmarketcap is totally off. The market cap should be > $65M with 18B coins in circulation. By my calculations this coin should be ranked around 130-150. For those thinking this coin will ever go to $1, that would mean $18B. While it is on a great run, it will never get past $.10, nor as it really meant to. But everyone can dream right? Have a great day/night.

Learn to do math not million billion whats 30 billion minus 18 billion = 12 billion where you getting 65 million

Not the brightest are you. In order to get market cap ypu have to multiple the volume ~18B tokens times the price. Best  to learn what you are talking about before you insult people. Do the math at the time it was ~$.0038 * 18B = ~$65M. No need to pay me for the lesson. 
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] NANJCOIN listed on CoinExchange! [Vol.MAX1100BTC]
by
lanceajones
on 04/04/2018, 02:39:50 UTC
The market cap for this coin on Coinmarketcap is totally off. The market cap should be > $65M with 18B coins in circulation. By my calculations this coin should be ranked around 130-150. For those thinking this coin will ever go to $1, that would mean $18B. While it is on a great run, it will never get past $.10, nor as it really meant to. But everyone can dream right? Have a great day/night.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax
by
lanceajones
on 05/03/2018, 21:01:56 UTC
I did everything per the book in depositing my coins in ZCL Electrum as they stated was preferred and did not receive any BTCP coins. Guess I should have just sold them as they became almost worthless once the hard fork was finished. Too bad is seems like the team has either not completed the drop of the new coins or it isn't going to happen.

Luckily this was old coins I bought long ago so didn't lose too much money, but still a bit frustrating. Will try and work with BTCP support team if it doesn't appear in a few more days, but thought it should be almost instant?
 
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Topic
Board Announcements (Altcoins)
Re: [ANN][AUG 21] REVAIN - Reinventing Reviews on Blockchain
by
lanceajones
on 03/03/2018, 01:40:36 UTC
Revain was on a roll up for a long time, but it is going down fairly quickly even though the APP looks good. Figure it is a temporary blip and it will come back, good coin and good app.