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Re: Bytecoin [BCN] vs MONERO [XMR] who will be the winner in the Cryptonote War
by
mkasiak
on 27/06/2014, 06:10:28 UTC
Bytecoin has been premined 82%.

Boolberry has been hugely instamined probably over 20% with 1 guy making 2,000 Boolberry per day off his private gpu miner as of right now, since Boolberry uses Wild Keccak instead of Cryptonight algorithm. He was making 7,000 boolberry per day for a long time before the difficulty increased, and Boolberry only has 18million total coins. I'd say that 1 guy owns more than 20% of all Boolberries as of right now. Boolberry has both a guy with a private gpu miner that gets 2,000 boolberry per day as of right now, As well as botnets. I wouldnt be suprised if Boolberry has over a 60% instamine.

Monero is the only fairly launched cryptonote coin with a large very active dev team..

Monero wins hands down.

Darkota, you are really troll! It does not make sense to explain you anything, but for others, who are interested in facts:

Read this post of Boolberry dev: https://bitcointalk.org/index.php?topic=577267.msg7479014#msg7479014   - it shows that coin mining is pretty well distributed. Moreover, the guy who owns GPU miner is pretty open about it. This was discussed a lot and if it is the only problem of Boolberry, then I am pretty comfortable to invest into it. He made an innovation and innovations are what moves society (and also cryptocoins and boolberry) forward. Moreover - the difference between CPU and GPU mining is not so high if you count also costs (not only mined coins).  And finally - it seems, the miner will be opensourced soon.

For me, the more important issue is botnet friendlines of a coin. Somebody provided interesting information about this and Monero. If I would own XMR, I would check it carefully. Botnet owners are real thieves, who do not hesitate to dump any coin for quick profit. To be honest, I do not know, how is it with botnets and BBR, but I will try to investigate it on my own.

Bytecoin has been premined 82%.

Boolberry has been hugely instamined probably over 20% with 1 guy making 2,000 Boolberry per day off his private gpu miner as of right now, since Boolberry uses Wild Keccak instead of Cryptonight algorithm. He was making 7,000 boolberry per day for a long time before the difficulty increased, and Boolberry only has 18million total coins. I'd say that 1 guy owns more than 20% of all Boolberries as of right now. Boolberry has both a guy with a private gpu miner that gets 2,000 boolberry per day as of right now, As well as botnets. I wouldnt be suprised if Boolberry has over a 60% instamine.

Monero is the only fairly launched cryptonote coin with a large very active dev team..

Monero wins hands down.


What do you think, Darkota? That if you delete your original post and paste it exactly the same after my answer to it, will it make your arguments better? It is new level of trolling, but I am not going to play your game. You can be proud to be first person on my ignore list. Welcome!
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Re: Bytecoin [BCN] vs MONERO [XMR] who will be the winner in the Cryptonote War
by
mkasiak
on 27/06/2014, 05:52:51 UTC
Bytecoin has been premined 82%.

Boolberry has been hugely instamined probably over 20% with 1 guy making 2,000 Boolberry per day off his private gpu miner as of right now, since Boolberry uses Wild Keccak instead of Cryptonight algorithm. He was making 7,000 boolberry per day for a long time before the difficulty increased, and Boolberry only has 18million total coins. I'd say that 1 guy owns more than 20% of all Boolberries as of right now. Boolberry has both a guy with a private gpu miner that gets 2,000 boolberry per day as of right now, As well as botnets. I wouldnt be suprised if Boolberry has over a 60% instamine.

Monero is the only fairly launched cryptonote coin with a large very active dev team..

Monero wins hands down.

Darkota, you are really troll! It does not make sense to explain you anything, but for others, who are interested in facts:

Read this post of Boolberry dev: https://bitcointalk.org/index.php?topic=577267.msg7479014#msg7479014   - it shows that coin mining is pretty well distributed. Moreover, the guy who owns GPU miner is pretty open about it. This was discussed a lot and if it is the only problem of Boolberry, then I am pretty comfortable to invest into it. He made an innovation and innovations are what moves society (and also cryptocoins and boolberry) forward. Moreover - the difference between CPU and GPU mining is not so high if you count also costs (not only mined coins).  And finally - it seems, the miner will be opensourced soon.

For me, the more important issue is botnet friendlines of a coin. Somebody provided interesting information about this and Monero. If I would own XMR, I would check it carefully. Botnet owners are real thieves, who do not hesitate to dump any coin for quick profit. To be honest, I do not know, how is it with botnets and BBR, but I will try to investigate it on my own.
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Re: which alternative cryptocurrency will blow up next and why?
by
mkasiak
on 26/06/2014, 19:26:53 UTC
I am holding Boolberry coin and watching Monero. Boolberry is more developed than Monero with same or better services. But it was made few weeks after Monero. Monero has attracted lots of interest from guys, who are on this forum for longer time and they dream about repeating bitcoin history with this coin. But they bring also lots of money and attention.So despite Monero is overpriced, it can go higher. But it can also collapse. There is high pressure to sell from miners and also from people who bought this coin during its hype. And ordinary people do not like it, because it is quite "user unfriendly", so it will not become mainstream soon.

Boolberry is much better, but younger overlooked brother. It needs more big investors and promoters, but the guy who is behind the coin is really clever. I believe it will rise, but you must be careful with any investment.

PS. you will get many recommendations like mine - all of us are bagholders of certain coins. Some of them are dead or dying. So take it with reserve, make your own research, do small trades first.
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Re: [ANN][BBR] Boolberry [ANONYMOUS | CRYPTONOTE | ADDR ALIASES | NO IPO/PREMINE]
by
mkasiak
on 25/06/2014, 22:32:06 UTC
A public GPU miner needs to become a thing or this coin will end up looking awfully similar to BCN - innovative but not worth investing in because of the incredible disparity in coins owned.

why don't you guys just fund someone to actually do it? I am not talking bounty, I mean hiring.

about that "disparity in coins owned". When we sell our mined coins, anyone can grab them.

The disparity comes from the fact that some people are rich, others aren't. And hence they can invest more. This mirrors real life more than anything else.

Christian


I am just trying to advice you to make you richer ;Wink  Keep some BBR (I am sure you already do). Release the miner - maybe with some announcement, countdown or something similar. Promote the event (miner releasing), promote the coin. And then watch the price rise. Pumps and dumps but going up like monero or other interesting coins. You still can use your miner, mined coins will have higher value and your reserves will have higher value... Otherwise people will loose interest - in fact they are already loosing. And it is a pity.
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Re: [ANN][BBR] Boolberry [ANONYMOUS | CRYPTONOTE | ADDR ALIASES | NO IPO/PREMINE]
by
mkasiak
on 25/06/2014, 18:45:58 UTC
Also possible that guys with secret gpu miners are dumping a significant portion of the coins generated each day...

I value your concern, but we're selling over the counter right now and even buying back coins on the exchanges.

what do you mean by that?


OTC trade is person-to-person and will not affect the coin's valuation on the exchanges.

Well, if you're selling large quantities below market value, then presumably the buyer could turn around and dump as well. I wasn't trying to demonize you guys or anything, I'm not a big holder and I don't think it's unethical or anything what you're doing, just trying to explain the price drop to someone that was asking. And actually, upon further reflection and watching the market a bit more, it just looks like cryptonotes and coins in general are down across the board the last few days. Monero (which now has a closed source amd miner and open source nvidia miner) is down by a similar percentage to BBR in the last few days, after they peaked at about the same time.

I do not think they are selling under current market price. If he says they rebuy some coins it means, their price is higher. BTW. this coin is extremely undervaluated. I can not buy more because I want to keep some diversity in my current portfolio, but it is difficult to resist. Boolberry is way better than Monero. In fact using Monero is pretty frustrating - sometimes my notebook is blocked for few minutes when I download and save its blockchain. With boolberry everything is smooth. My only concern is centralizatin of this coin. It seems, only few people are accumulating it. This + PR problem with private miner + holding the price low artificially can result into breaking backbone of this coin. Some other coin will copy BBR, will make better distribution and PR and chance is lost... I hope whales of this coin will do something about it soon. 
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Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | PoSA White Paper Released CS 2.0
by
mkasiak
on 22/06/2014, 06:58:30 UTC
And one more advice - if you bought it too high, you do not have to wait till price goes back to same level. If you buy same amount now, you will cover your looses on half way to price in which you bought the coin first time.
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Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | PoSA White Paper Released CS 2.0
by
mkasiak
on 22/06/2014, 06:55:48 UTC
I believe, this coin will follow pattern of Cryptcoin and Vericon, which where also chosen by Mintpal. After initial pump, there was deep dump and then 1-2 days later megapump rising value of the coin 2-3 times. And then there was final dump.

So it is good time to buy it now. It should not go much lower, otherwise whales risk they will not be able to rise price as high as they want. And pump will be done soon, before people forget this coin.

It is manipulation, but you can ride the wave, if you enter and leave at the right moment. 
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Re: [ANN][BBR] Boolberry [ANONYMOUS | CRYPTONOTE | ADDR ALIASES | NO IPO/PREMINE]
by
mkasiak
on 19/06/2014, 07:54:24 UTC
This is bullshit.  Hardfork this and fix this before people start abandoning this coin.  I'm ready to dump all my coins and move on and I'm not alone.  A closed source miner kept private getting a majority of all the coins.  Come on.

we're mining 5000-7000 coins a day

https://bitcointalk.org/index.php?topic=167229.msg7320842#msg7320842

I have nothing bad to say about the dev of the miner because I would probably do the same.   But I wouldn't be surprised if people called for changes either.

smug sob, dev please fork, your coin is too good to be destroyed by one greed idiot.

Hope that's not true about someone having a gpu miner and keeping it to themselves because of greed. That would defeat the ideals of decentralization in the crypto world.

If I understand it well, GPU miner is not so much more profitable than CPU mining. Maybe 2-3 times. It is nice for its creator, but not so destructive for the coin.
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Re: [ANN][BBR] Boolberry [ANONYMOUS | CRYPTONOTE | ADDR ALIASES | NO IPO/PREMINE]
by
mkasiak
on 18/06/2014, 21:55:10 UTC
There is no big buy wall support here..Price will down to 130K I think...

Are kidding me?

Quote
0.00160000   24201.54008983   38.72246414

How big do you want?  Cheesy


That wall could be eaten any time. Yesterday 43 BTC buy wall at 0.002+ was destroyed in a single sale and i guess the dumper is probably Christian. His team is mining roughly 50% of newly minted BBR each day with his private GPU mining script. If he is happy to dump at 0.002, there is a chance he will continue to dump at 0.0016. He will keep doing so as long as he still make profit.

I strongly believe it was fake sell. There was a discussion about testing the buywall in Poloniex trollbox and a guy named "Monero" announced he will do it. Next minute it was sold. Then he anounced another dump and it happened, but it was panic sell by small traders. Same wall as before appeared there in few hours at much lower level. It is still there slowly going up. Selling coins worth of 42 BTC at price 0.00225 costs less than 0.1 BTC on Poloniex. It is not big price for such a game.

It seems this guy owns at least 42 BTC and approximately 20000 BBR (which is 5% of existing coins). It is a big player and question is what are his intentions. I hope it is not to destroy this coin - he would loose lots of money too. Maybe he is just trying to accumulate more at low price, and push price higher, but this strategy (simple big buy wall) is not so effective anymore. He should learn from guys who pumped VRC and Crypt, they know, how to do it.

BBR is really good coin. I am fan of Monero, but this is really improvement. With market cap at 600-800 BTC it is 1/10 of monero. Imagine, where it can go if treated well. It needs wise investors understanding its potential. Lets hope BBR will get it.

It wasn't a fake sell, was one of my sell orders. explanation is much simpler:
sold some of holdings to take profits, after reading posts of cbuchner.

Sorry, but I do not believe you. So why are we seening more or less same wall again. And the same behaviour?  It is the same person with same money. I am patient. I know this coin will go high...
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Re: [ANN][BBR] Boolberry [ANONYMOUS | CRYPTONOTE | ADDR ALIASES | NO IPO/PREMINE]
by
mkasiak
on 18/06/2014, 19:33:05 UTC
There is no big buy wall support here..Price will down to 130K I think...

Are kidding me?

Quote
0.00160000   24201.54008983   38.72246414

How big do you want?  Cheesy


That wall could be eaten any time. Yesterday 43 BTC buy wall at 0.002+ was destroyed in a single sale and i guess the dumper is probably Christian. His team is mining roughly 50% of newly minted BBR each day with his private GPU mining script. If he is happy to dump at 0.002, there is a chance he will continue to dump at 0.0016. He will keep doing so as long as he still make profit.

I strongly believe it was fake sell. There was a discussion about testing the buywall in Poloniex trollbox and a guy named "Monero" announced he will do it. Next minute it was sold. Then he anounced another dump and it happened, but it was panic sell by small traders. Same wall as before appeared there in few hours at much lower level. It is still there slowly going up. Selling coins worth of 42 BTC at price 0.00225 costs less than 0.1 BTC on Poloniex. It is not big price for such a game.

It seems this guy owns at least 42 BTC and approximately 20000 BBR (which is 5% of existing coins). It is a big player and question is what are his intentions. I hope it is not to destroy this coin - he would loose lots of money too. Maybe he is just trying to accumulate more at low price, and push price higher, but this strategy (simple big buy wall) is not so effective anymore. He should learn from guys who pumped VRC and Crypt, they know, how to do it.

BBR is really good coin. I am fan of Monero, but this is really improvement. With market cap at 600-800 BTC it is 1/10 of monero. Imagine, where it can go if treated well. It needs wise investors understanding its potential. Lets hope BBR will get it.
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Re: [ANN][BBR] Boolberry [ANONYMOUS | CRYPTONOTE | ADDR ALIASES | NO IPO/PREMINE]
by
mkasiak
on 17/06/2014, 21:50:47 UTC
Who has the 40 btc huge buy wall on poloniex?

A forward thinking future millionare

I think it is current millionaire Wink  Nobody is going to sell into that wall, but he has enough BTC to push the price high and BBR to sell later already, that is sure.
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Re: [ANN][HONORCOIN][XHC] PoS | Anonymity Airdrop | Poloniex & Bittrex
by
mkasiak
on 09/06/2014, 12:15:12 UTC
OK, I am also out. I have lost 0.5 BTC with this scam, but I must admit it is fun to be part of this Horrorcoin story. I enjoy to see how it will develop.

But one thing is sure - I will never touch it again, even if it should be second bitcoin.  
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Re: [ANN][HONORCOIN][XHC] PoS | Anonymity Airdrop | Poloniex & Bittrex
by
mkasiak
on 09/06/2014, 08:02:36 UTC
Devs have written 2 days ago, that they do not want to support day-traders, but longterm investors. I think that is why they are silent for two days.


that not really a good tactic. It will scare off long term investors ass well. You cant make a coin for just long term investors. You also need daytraders and miners.

I agree, that it is not good tactics.

But daytraders are not easy to discourage when they hope for easy profit. This thread is watched by lots of people. They will panic buy in immediately after news are released. . If you check buy and sell orders  on Bittrex and Poloniex, you will see, that price can jump high and quickly. Only after this people will start to think what is the announcement about and future price trend will be created.  "Horrorcoin" show goes on.
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Re: [ANN][HONORCOIN][XHC] PoS | Anonymity Airdrop | Poloniex & Bittrex
by
mkasiak
on 09/06/2014, 07:08:11 UTC
Devs have written 2 days ago, that they do not want to support day-traders, but longterm investors. I think that is why they are silent for two days.

There are buy walls placed at low price and many people sell into it. Some people are loading bags, other sell at loss.  Then we will have an announcment and price will jump much higher to another level. Then there will be another FUD, another daytraders selling at loss and bigger investors buying.

I am pissed of this, because it is dangerous strategy, but I can understand them.
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Re: [ANN][HONORCOIN][XHC] PoS | Anonymity Airdrop | Poloniex & Bittrex
by
mkasiak
on 08/06/2014, 13:42:20 UTC
Thanks for the cheap coins guys and the entertainment was good also.


LOL +1

I must admit that the entertainment is almost worth of BTC which I am risking with this coin  Grin
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Re: [ANN][HONORCOIN][XHC] PoS | Anonymity Airdrop | Poloniex & Bittrex
by
mkasiak
on 08/06/2014, 13:18:13 UTC
There is a buy order at Bittrex.com worth of 18 BTC at price level 0.00001360    Somebody wants to buy lots of cheap coins from people who are scared by FUD posts on this forum. It is not fake buy wall, because if there is some cheating from dev, he or anybody could smash there big amount of XHC right now. So people, do not get fooled and do not sell your coins too cheap - at least untill I release some funds to buy more  Grin

Lets see if the buy wall remains for another 8 hours for in case the person that placed it was asleep for the last hour or so. I was also a believer, but devs of other coins are just more active in their threads. I really hope for everyone's sake that this is not a scam and that the hacking claims are just fake FUD. If everything checks out and is above board I will buy back in.

I do not think anybody would put sucha big buy order on small coin without plan.  Or that he/she goes to sleep after this. I believe more and more that somebody is pushing the price down by FUD before the announcement. Until the wall is there it is stupid to sell. And the wall stays despite it was already eaten a bit. If it would be fake it would be gone already.
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Re: [ANN][HONORCOIN][XHC] PoS | Anonymity Airdrop | Poloniex & Bittrex
by
mkasiak
on 08/06/2014, 12:52:16 UTC
There is a buy order at Bittrex.com worth of 18 BTC at price level 0.00001360    Somebody wants to buy lots of cheap coins from people who are scared by FUD posts on this forum. It is not fake buy wall, because if there is some cheating from dev, he or anybody could smash there big amount of XHC right now. So people, do not get fooled and do not sell your coins too cheap - at least untill I release some funds to buy more  Grin
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Re: [ANN][HONORCOIN][XHC] PoS | Anonymity Airdrop | Poloniex & Bittrex
by
mkasiak
on 07/06/2014, 17:43:21 UTC
Frustrated I missed the Vericoin trainbbut hopefully Honor will come through and shine too!

Yes, it is very good time to buy into this coin now. Miners are selling cheaply their production. Market capitalization of Honorcoin is less than 400 BTC at price 2000 satoshi. For the coin which brings something new it is very little. Less than many dying coins.

If you compare it with some new coin e.g. Monero, Vericoin etc., you can see that price will grow at least 4-10 times. Before I did not do such a calculations and I missed many chances for big profit, but now I will not  Wink
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Re: [ANN] BlackCoin (BC/BLK) | PoS | Multipool | Coinkite Launch June 1st!
by
mkasiak
on 05/06/2014, 05:55:47 UTC
.....
... I have my own job to keep my family feed and warm and at the same time donating free time to make Blackcoin awesome...
I understand you want more developments done asap but software development is not easy! It took 1 mother to deliver a baby in 10 months but 10 mothers cannot deliver a baby in 1 month.
...


So you have a family to feed and you do not know that it takes 9 months to deliver a baby... LOL 
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Re: [ANN] BlackCoin (BC/BLK) | PoS | Multipool | Coinkite Launch June 1st!
by
mkasiak
on 03/06/2014, 08:44:58 UTC
...
Good luck in the game Wink Buy low, sell high ! Don't invest for a long - it's worthless

I agree that price manipulation is obvious here and that it is more profitable than hodling.

But I do not agree that investing for a long is a bad idea.  Some people do not have time and skills for daytrading. These people have regular jobs. Their income is above average, because they are considering where to invest. They can choose promising coin(s), and come back after one year to see what has happened. If they made good choise bitcoin story will repeat and they leave much richer.