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Showing 20 of 314 results by socoban
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Topic
Board Announcements (Altcoins)
Re: [DBL] Doubloons: Pirate Currency
by
socoban
on 20/07/2015, 10:50:06 UTC
I`m still working on DBL v13 based on 0.10 LTC.
https://github.com/Rav3nPL/doubloons-0.10
Current status:
+ daemon working and syncing
- strings not replaced
- gui not done

When it will be ready, versions under 11 can not connect to new nodes. It is because of "getheaders" required by 0.10 Core.
Also, when BIP066 will kick in, all daemons prior 12 (based on Core 0.Cool can produce invalid transactions.
Also, when BIP066 kick in, only this version will produce valid (v3) blocks!

So, get ready to upgrade!

Code:
./doubloons-cli getinfo
{
    "version" : 100202,
    "protocolversion" : 70003,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 836678,
    "timeoffset" : 0,
    "connections" : 3,
    "proxy" : "",
    "difficulty" : 1.32241661,
    "testnet" : false,
    "keypoololdest" : 1410856670,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "relayfee" : 0.00100000,
    "errors" : ""
}

Maybe it is time to buy more DBL. The problem is, I believe LTC will pump heavily. So the question is, will DBL pump faster than LTC?
Post
Topic
Board Electrum
Re: Encompass released - Multi-Coins Electrum client
by
socoban
on 12/07/2015, 15:48:07 UTC
Multi-currencies Encompass v.0.5.0 wallet finally released! 

The new version adds support for Trezor hardware, with BTC-LTC-DASH (provided that firmware 1.3.3 is installed on Trezor).  All three coins on the same device.

It also provides Multisignature support for BTC-LTC-DASH-MZC-VIA.  2of2 / 2of3.

Signed Binaries and source available at https://github.com/mazaclub/encompass/releases for Linux, OSX and Windows.

Hello,

latest Electrum wallet has BTChip(Ledger) hardware wallet support. Do you plan to add it to Encompass?
Electrum does support BTChip/Ledger, however the way to enter the verification code, IMO, needs more work from the Ledger guys, to be considered user friendly.





I prefer complicated verification than no support for Ledger at all. Ledger is selling more HW wallets than trezor now and they will soon flood the market with really cheap HW wallets. I bought one for 15 EURO only(including free delivery). Ledger is the future of mass adoption. And Encompass is the only wallet with multicurrency support. I installed Encompass only because of LTC support for trezor and I hope it will have Ledger support too.
Post
Topic
Board Altcoin Discussion
Re: Are old altcoins like nigerian stamps or NOT?
by
socoban
on 07/07/2015, 13:48:23 UTC
i guess you mean VTC is 10x over its low.
Zet is not. ZET is about 1,2x over its low and can be bought really cheap.
At the Moment i ride LTC, and bought IFC from my last profit.
IFC is like ZET quiet cheap right now(1x over its low).
As i said earlier i recommend splitting orders (scale in and out) at all times,
to get a better entry and exit.

Anyway if you don't feel good with my recommendations, no problem Smiley.
Any investments need confidence to not sell it too early.
My main focus is at the moment on forex,
maybe i publish other coins later when i have new capital/profit for reinvesting free.

You could name some coins out of your portofolio when you can tell an entry and Target,
if you feel save and find them worth to share.

greetings

http://alt19.com/19R/chart_showing_btc.php?shw=1&label=ZET_BTC&source=cryptsy&period=1day

2015/03/20 0.00000226  
2015/05/28 0.00003289
2015/07/05 0.00001562

I slightly remember 100-150 Satoshi in 2013. I wish I would buy ZET this March. A coin is not bad really, thank you you've reminded about it.

In my opinion it is better to invest in large amount of coins, traded on Cryptsy. Why?
Because Cryptsy is the only exchange that doesn't delist coins. There were issues with Mintpal and Bittrex when trading there.

If you buy or sell 100 different coins, you have no problem with liquidity. That is why index investing is great, in my opinion.
If you buy one coin only, and you are a whale, it would be difficult to sell your coins when price rises x10 or x50.
If you ask about middle cap and quite liquid coins, I could recommend RDD, EAC, MOON, if about less liquid and small cap favors there can be OPAL, MYR, NOBL and old veterans like BQC, TRC... Ultra small cap (experimental): https://bitcointalk.org/index.php?topic=1092465

I think now it is good time to buy altcoins. Trend is up since Jan 2015. When to exit? I don't know now, I will look at altcoin index trend, I will read news. If LTC price is $50 or $25-$30 there may be long term local maximum of LTC and of the whole alt-coin market.

There is a problem of attacks for small coins, but if a coin is listed on Cryptsy, they are motivated to defend it, to keep looking if there are blockchain reorganizations and to audit accounts. Because if 51% attack happens, it will affect an exchange. There is a lot of discussing on 51% attack, but I don't remember even one incident with old and small coins on Cryptsy since 2013. What I remember: CENT was broken and delisted but then fixed and relisted, and LGD (Legendary) coin was delisted as it had an exploit inside (suspected coin developer manipulation of generated coins). 2 coins only from ~300, if you know more incidents with Cryptsy coins, please share.

Certainly investing in Litecoin is great. But there are some limitations. I don't see that LTC market cap can be higher than market cap of Bitcoin, maybe after 30 years, when next generation comes, not earlier. Previous maximum of $50 for LTC will matter also and I doubt LTC price can rise more than x5 times from current value this year.
With high valued coins the problem is that you never know what the minimum will be when price is starting to decline. For ultra small market cap coins you can simply buy all coins when market cap is under $5,000 and thus be sure that price will not be lower. You can not say the same about high valued coins with margin trading.

One important thing about altcoin market that it is not similar to stock market. Coins are not stocks, coins are currencies. So there are no penny stocks, no bankruptcy, no dividends. Things that matter: inflation (deflation), price fluctuations, liquidity, a number of users who use and trust this currency, name, security, usability and what you can buy or sell with it. But if somebody tells you: we have BTC, we have LTC, why do we need DOGE or other coins, that is not correct. There are many traditional currencies, not only dollar and euro. There are precious metals and stones, not only gold and silver. Diversity. Many nations. Many ideas. A lot of people. We all have pretty similar DNA and consciousness but it doesn't mean we all are simple clones of each other. Currencies (coins) are quite similar, too, the same technology often, but the spirit of their community, name, fortune and history make them all different.



I agree 100%, buying broad spectrum of cheapest coins on Cryptsy is the best way how to earn big profits on next uptrend. I already own 80-100 different coins. If cryptsy bancrupt, than it doesn't matter if you own ZET or shit coin, it will drop value heavily. Since Cryptsy does not delist coins, you can earn much more on cheapest coins. Investing $100/ per coin into 50 cheapest coins is much better for big gains than investing them into expensive Cryptsy only coins.  For me, I divide Crypto in 4 categories. 1) BTC  2) LTC 3) PPC, NMC, NVC  4) Others traded on cryptsy.  I hold 1,2, and the cheapest of 4. There is no reason to buy coins with  big market cap traded only or mostly on Cryptsy. Such coins pump rarely, and if so, than the risk of dumping is pretty high. Cheapest coins don't lose value on dumps. And all of them have pretty similar risk of losing value by Cryptsy bankruptcy or hack.  In fact, if there will be hack, hacker will steal expensive coins:)  
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]LGD Legendary Coin - Cryptsy,Bittrex,NEW Merchants, Many Games, Scrypt!
by
socoban
on 06/07/2015, 18:49:36 UTC
What is the status with LGD? OK someone dumped coins from first block, but is there any other problem? There were many coins with hidden block before that were dumped on cryptsy and it stayed there and was trading there. So, except that someone dumped lot of LGD, is there any other issue?  Dumping those coins was disaster, but removing it from Cryptsy is even worse. Market can handle unexpected coins, if it can be exchanged. Even CENT created 4000x more coins than it was expected and is still beeing traded on Cryptsy.
Post
Topic
Board Announcements (Altcoins)
Re: ★★★★ [CAIx] ★ First 100% PoS At Launch ★ PSP ★★★★
by
socoban
on 06/07/2015, 18:37:36 UTC
It seems some aren't. Network has almost stalled again.

how do you know? Looks pretty smooth to me at the moment

It's fine right now. But at the time I wrote that message it was looking a little dicey. I could tell by the network stake weight and because almost all of my CAIx was stuck in staking. If that happens it's usually because others are not staking.


Looks like Cryptsy fired up staking again. You can tell by the network stake weight.


Is anybody selling big amount of CAIX? I would like to buy at least 10%.
Post
Topic
Board Electrum
Re: Encompass released - Multi-Coins Electrum client
by
socoban
on 05/07/2015, 15:49:19 UTC
Multi-currencies Encompass v.0.5.0 wallet finally released! 

The new version adds support for Trezor hardware, with BTC-LTC-DASH (provided that firmware 1.3.3 is installed on Trezor).  All three coins on the same device.

It also provides Multisignature support for BTC-LTC-DASH-MZC-VIA.  2of2 / 2of3.

Signed Binaries and source available at https://github.com/mazaclub/encompass/releases for Linux, OSX and Windows.

Hello,

latest Electrum wallet has BTChip(Ledger) hardware wallet support. Do you plan to add it to Encompass?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CASH] Crypto CASH | Proof of Stake & COIN CONTROL | On Cryptsy | 0 PREMINE
by
socoban
on 05/07/2015, 14:32:56 UTC
Are there any news about new dev?
Post
Topic
Board Altcoin Discussion
Re: Are old altcoins like nigerian stamps or NOT?
by
socoban
on 04/07/2015, 19:13:08 UTC
Thanks for sharing your thoughts.
It is interesting to see other points of view for crypto trading.

For the Cryptsy problem of a possible crash, i would suggest to cashout partial profits in BTC and/or USD.
Offcourse the altcoins for trading need to stay there, but taking out a part as "savings" (15-30% per month?) is a good idea
to avoid maximum loss and reduce  the floating risk. It would be sad if you loose all again, think of the time you spend.
As i had written it before that one dude i know made it from 6k up to 200k and got Goxed in the end  Roll Eyes.
(i managed to initialise a BTC withdraw ~72h before mt.Gox crashed, my altcoins where not in danger)

Yea, I started to withdraw profits already. If I knew, Cryptsy will stay here without mayor problem next 3 years, I would load 100BTC there to invest into cheapest coins. But right now, I am already heavily invested and If I am right, I will earn enough. I will have decided to withdraw 1/2 of my profits and the another half I will reinvest.


PS: I just found, there is a new promo code  for bitcoin trezor for just $79. I have ledger wallet, but I am gonna to buy trezor, just to have more places where to store my coins.
Here is the link: https://medium.com/@satoshilabs/bitcoin-trezor-for-independence-893e36f8d8fe

Wish you lot of luck on trading:)
Post
Topic
Board Altcoin Discussion
Re: Are old altcoins like nigerian stamps or NOT?
by
socoban
on 04/07/2015, 18:18:18 UTC
Ah ok reducing supply is a good idea, i misunderstood it in the first place  Smiley
You must be the antchrist for Pumpgroups ;-). (selling into their pumps, I pointed that technique out in another thread)


How do you decide where you set your Takeprofit target?

greetings


You are right, I earn money on pumpers and scammers:) In last CACHe pump, the scammer wanted to pump to 100x price. He had to pay much more than he expected. Since I own lot of coins, I know I will not be able to sell them all on the top. So I sell them incrementaly during pump. This let me earn money on both small and big pumps. Generally, 10x price is my first sell order on coins under $3000 market cap pre pump price. But it all depends on volume, every pump is different. Some takes few hours, some take weeks. Some pump small to buy more coins during first dump so they can pump higher later. Some are just panic buyers. It is really difficult to sell well. That is the reason I sell incrementally and why I prefer to buy bigger amounts.
Post
Topic
Board Altcoin Discussion
Re: Are old altcoins like nigerian stamps or NOT?
by
socoban
on 04/07/2015, 17:40:25 UTC
Keeping Risk Reward in mind is in general a good idea.

But buying up 10% is overkill, you can't drop that amount without causing the price to fall.
Well its a "i want to be ultra rich fantasy", but be more realistic.
0.1-1 % is enough and easier to sell.
A big bag holder can controll the market price with his huge volume.
If you unload your bag to fast and or in to large chunks you can start a downtrend.
So the only way to sell such large amounts is in small chunks over 1-2 years.
So you must be really patient, and stress resistant.
In these 2 years the value of your bag can everytime fall or drop to zero.


How many different coins did you buy?

greetings


I own 10% and more on coins with market cap under $5000. I was buying it slowly during long period. I do not plan to sell all the amount at one moment. I want to buy all available coins extrecheap, to unload them from the market. This will help to grow them faster. If I buy huge % extra cheap, than there will be less sell walls during pumps. Price will go higher much faster. In the end, if the price pumps 10x, I need to sell only 1/10 of my holdings to be in profit. If it pumps 100x, I need to sell 1/100. In the end, I do not care if I sell everything, I just think buying huge amount in the bottom of extra cheap coins brings me lot of pump oportunities during uptrend in the future. The other advantage of this strategy is, I can buy really lot of many different coins. If there is 30 coins under $4000 market cap on cryptsy, I can buy 10% in all of them with 30-50 BTC. And I am 100% sure many of them will pump randomly even without any general uptrend.  I checked my portfolio, and I currently own more than 80 different coins. I have 10%+  in at least 10 coins, and I have 5-10% in much more. I catched 3 big random pumps on them, like Judge, CACHe, CASH. Those 3 made me 20BTC profit. Of course I invested that profit again:) 

PS: Since I am already heavily invested, I do not care to share my strategy. I will continue to invest my profit s from pumps to buy more of those cheapest coins, but I prefer if others join my strategy and help me to unload those coins from market.

Post
Topic
Board Altcoin Discussion
Re: Import litecoin paper wallet
by
socoban
on 04/07/2015, 17:06:22 UTC
How do I import an LTC paper wallet without having to download the litecoin-QT? Is thee an online wallet or a faster normal wallet? Or any android app?

This is good question. As soon as you start to check all awailable wallets, you will find out, that they are crap. Android wallet does not support paper wallet import. Other clients are heavy. Electrum wallet works without blockchain download, but it does not work with paper wallet import via QR codes + has some other issues with hardware wallets. LTC definitelly need Mycelium android wallet clone.
Post
Topic
Board Altcoin Discussion
Re: Are old altcoins like nigerian stamps or NOT?
by
socoban
on 04/07/2015, 15:46:38 UTC
Here are some Facts:

1) in 2013 was huge alt coin pump.
2) in 2014 were hundreds of coins created and dumped to almost no value
3) in 2015 Cryptsy stopped (or almost stopped) to list new alt coins.
4) 2014 was bearish in ALTS for 2 reasons:
         a) BTC and LTC were dumping whole year and were trying to find the bottom after 2013 pump
         b) Many new coins were created every day
5) Almost all alt coins gained value in 2015.
6) My portfolio on Cryptsy is now 10x higher than it was in January 2015

I decided to buy huge amounts of cheapest dead alt coins. In many I have more than 10%. I was buying them since January, when I realized LTC and BTC hit bottom. I took them out of the market. I am gona buy more and more at those cheap prices since I realized I am not the only one doing this strategy.

For me, there is no difference between coin with $Million , $100k or $1000 marekt cap coin. Almost all of them have scam history of some kind. It doesn't matter how many users is using them now. If ALT coin market sinks than those popular will lose community support during time. If alt coin market grows, those cheapest coins will get more % grow on community and value than those more expensive.  And the most important is, If I buy cheapest coin, the only way how I lose my money is if Cryptsy delist that coin or if Cryptsy bancrupts. Since I can't install all wallets and I hold almost all my alt coins there, bancruptsy will hurt me, doesn't matter what coin I have. But If I buy more expensive coins, they can still dump heavily for what ever reason.

So I think, the only 2 questions that matters are: Do have alts any future? Will Cryptsy bancrupt in next 2-3 years? If answers are YES and NO, than not buying cheapest almost dead coins with working wallets is mistake. I strongly belive that both BTC and ALTS have future. I also belive that history repeats again and again. And I decided to take the risk to throw some serious money into Cryptsy, even thought I think their owners are shady, incompetent greedy and without vision.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KARM] Karma / ₭ / X11
by
socoban
on 08/06/2015, 07:57:04 UTC
Just sharing a video about Karma....



What software did you use for that video creation? Expecially what software did you use to syntetize the voice? I am seeking for free voice syntetizer(Google translate has a voice syntetizer, but it is not officially available ).  Thanks
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KARM] Karma / ₭ / X11
by
socoban
on 07/06/2015, 12:33:12 UTC
Huh! Dudes who confuse and hit the button "buy" in cryptsy ??!?!
Price jumped double in 10 minutes ...... obviously someone has confused cool!  Grin

Look that ?!??!?!




Almost all alt coins are pumping. All the coins were oversold and cheapest to buy them was in January. Karm is not an exception. People are buying because all multibilion coins have pumped and KARM was one of the last which did not pump yet. Check LOT, it pumped 100x Smiley

there is a much simpler explanation.. they only just fixed the Karma wallet at cryptsy. For the past few weeks it has been impossible to deposit coins and sell them, hence why the price went up.
deposits seem to be working now. It will be interesting to see what happens in the next few days.


Fixed deposit implies more KARM coins to dump. It usually works opposite way:) But yes, it can be good sign of working coin and investors can take it as buy signal. But I am affraid KARM is pumping because almost everything is pumping.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KARM] Karma / ₭ / X11
by
socoban
on 07/06/2015, 10:41:24 UTC
Huh! Dudes who confuse and hit the button "buy" in cryptsy ??!?!
Price jumped double in 10 minutes ...... obviously someone has confused cool!  Grin

Look that ?!??!?!




Almost all alt coins are pumping. All the coins were oversold and cheapest to buy them was in January. Karm is not an exception. People are buying because all multibilion coins have pumped and KARM was one of the last which did not pump yet. Check LOT, it pumped 100x Smiley
Post
Topic
Board Announcements (Altcoins)
Re: CACHECOIN 2.0 - Community integration (Scrypt-Jane - PoW, PoS and PoN)
by
socoban
on 01/06/2015, 17:51:38 UTC

Lol, the same story again and again. Takeover and pump&dump. Before this pump started I owned almost 10% of all Cache. I was buying it just in case someone pump it. I was buying it when everyone dumped it. I sold it during first days of pump. I even did not know someone is preparing this scam when I sold it. I am really surprised people are still buying into coins that pumped 100x in few days. All those takeovers, news, big ideas are scams. Why do you think someone will give you money? Why do you think someone will come, let you buy cheap and give you option to earn money based on his work? The pattern is always the same. Scammers buy cheapest deadest coin as much as they can and then create big news, pump it with small money price skyrocket and people get crazy and buy into that crap. I could dump later, I could earn much more, but I don't care. I earned 12+ BTC on those scammers. They had to buy my 10% pretty expensive. And for a single second I did no regret I sold it cheap. There is more than 99% probability coin will dump after such big pump, so not selling is stupid and buying into it is far more stupid.

PS: I am sure, this was not last Cache pump. There is limited amount of coins on Cryptsy and scammers need to scam again and again. Sooner or later they will scam on Cache again.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CASH] Crypto CASH | Proof of Stake & COIN CONTROL | On Cryptsy | 0 PREMINE
by
socoban
on 12/05/2015, 20:52:13 UTC
CASH at 1000 satoshi and falling:)
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [007] Stealth Addresses. PoW Phase. C-CEX/CRYPTSY. Masternodes.
by
socoban
on 29/04/2015, 08:47:10 UTC

You should stop derailing this thread. Paycoinzzz is not me

How about you answer the question...

1) Why are you Fast-tracking coins like this one?  It was only around a single day before you listed it on Cryptsy!

I hate to assume, but you don't seem like you want to answer this question, which is highly suspicious...

Fortunately, you can't ban me here..

You can only avoid the question for all to see, and guess at the reasons why you refuse to answer...

Not only you but many others are leaving cryptsy because of adding scam coins all the time. I would love to hold and invest more money into crypto, but the main reason alt coins are dying is, that the biggest exchange lost trust by listing scams. Cryptsy could be a really nice long term business with billion $ value in few years. They just decided to earn few hundreds thousands of $ with scams. They still don't understand how important is to make users happy. Only happy customers will load more and more money again and again. It is much easier to monetize existing users which are happy, than to get new users and trick them with scams.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ★LiteBar★ [LTB] - Rare Coin - Growing Fast - Now on CRYPTSY!
by
socoban
on 27/04/2015, 14:36:11 UTC
Does anyone know why is LTB wallet on cryptsy not working? Is LTB corrupted?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [007] Stealth Addresses. C-Cex ICO. Ninja Launch.
by
socoban
on 23/04/2015, 12:39:14 UTC
This is the worst coin in crypto. Such terrible people behind these scams.

How can you call it scam??? money is still in C-CEX account, DEV didn't see any BTC yet and it is trading a lot higher then ICO price? Where is scam? Give me some PROVE!!!???

ROFL, this coins is one of the worst scams in CRYPTO.  Nothing to discuss here, shame with you.

I was a little surprised to see cryptsy list an ICO scam coin hosted on c-cex. #altsareback is killing crypto for good this time.

I was very active on Cryptsy chat and asked all the admins why did they add scam coin? 1 day IPO coin, created by user with 0 history just 1 day after the coin was created. Those admins were very unhappy about my questions and many other users joined me. We should create pressure on cryptsy to stop this. This is insane, they are losing all the trust they had. Such a greed is killing crypto. They are selling their long term business for short time profit. How they want to survive, if they are adding scam coins all the time? I would love to throw more money into crypto, but I don't trust cryptsy any more. They are losing lot of visitors and money because of their shady listings. Trust is the only real value behind an exchange. In fact, I am gonna withdraw as much as I can from cryptsy. Such behavior will sooner or later end up with bankruptcy.