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Board Announcements (Altcoins)
Re: [ANN]Bitcore- BTX - SEGWIT - hybrid fork 1:0.5 of Bitcoin- 7% Airdrop every week
by
tmkn
on 18/03/2018, 02:24:44 UTC
I am confused too. Bought a lot of BTX @ all time high and stuck now, which seems to be forever as we may never see those highs again. I am more worried that post airdrop, there will be a huge dump again which will drive the price way too low. Any thoughts?

$5 is very possible over the coming weeks.  

I’m seeing a lot of guys here DUMPING.  Not sure what started that trend.   Grin

Me... But this has nothing to do with the dumping and more to do with the overall downtrend of the market.

@gwestcot, Did you just post that you started the dumping? Aren't you still a member of the team?

I remember him dumping all his btx around $15 or $20 I think.  I thought he was crazy but he called this one.  

Obviously a coin that market itself as a btc fork with weekly airdrop would find its end days when the airdrop is over. I've stated here some time ago that we need something to differentiate on the long run.
Also, devs splitting their large wallets into many many small ones looked suspicious to me.

If you think $8 is the bottom, check B2X, another btc fork, currently trading at $1.80.

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Board Announcements (Altcoins)
Re: [ANN][ICO] PREDICTINI.COM NEXT-GEN MARKET INTEL AND PREDICTION
by
tmkn
on 07/03/2018, 21:35:31 UTC
Looks interesting  Smiley
So the first version will be ready in 6 months, if I understand correctly.
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Topic
Board Bounties (Altcoins)
Re: [BOUNTY][AIRDROP] PREDICTINI.COM NEXT-GEN MARKET INTEL AND PREDICTION
by
tmkn
on 28/02/2018, 09:22:33 UTC
Do you also have a bounty program? When is it starting?  Smiley
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Board Announcements (Altcoins)
Re: [ANN]Bitcore- BTX - SEGWIT - lowest fee - hybrid fork 1:0.5 of Bitcoin
by
tmkn
on 20/12/2017, 16:06:52 UTC
Hello! I might be wrong but wouldn't help renaming the coin to 'Bitcoin Core' or something like this? Is it even possible?
This coin would have made bch and btg unnecessary if it had been hardforked or if not at least called Bitcoin something.
Or Bitcore Gold Cash Wink
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Board Announcements (Altcoins)
Re: [ANN]Bitcore- BTX - SEGWIT - lowest fee - hybrid fork 1:0.5 of Bitcoin
by
tmkn
on 15/12/2017, 16:08:08 UTC
ebay is considering taking bitcoin for payments... maybe someone from BTX team should contact them and get in on allowing you to use BTX.
I'm sure ebay will discard ltc,zcash,dash and other crypto with >1mld $ capitalization and will jump straight to btx.
I bet they already know btx is the best coin in the world.
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Board Announcements (Altcoins)
Re: [ANN] GOBYTE [GBX] - Masternodes, PoW, Secure, ASIC Resistance, & Decentralized
by
tmkn
on 15/12/2017, 10:26:50 UTC

What is trust level of this predictions I mean on this platform, site??

Don't trust the prediction, trust the roadmap. We're about to release an important core update. The whitepaper + new website + mobile wallet and payment gateaway will follow. I started to meet french lawyers for establishing GoByte legally and turn it into way more than what it is now. The more we'll work, the more we'll build up confidence, the more people will buy for long term hold Wink The price will follow.

As for the coin's emission being too high, mining being rewarded with too much coins, maybe there is a few others variables : there is only 239'000 coins in circulation and 205 MNs, that mean more than 80% are locked for people who might want more MNs (and the coin emission will decrease by 12% every year). At the moment, I can see 5k GBX on selling orders and more than 10 BTC on buy orders, it's far away from what I saw with XYLO. Plus.... seriously, XYLO ?

Yeah, right, now it's 8BTC on buy orders and the price is down again to 0.00118..
If you look now there are 2600 GBX on orders with price >0.00100 and the rest (15,000 BTX for prices below 0.001).
So, summary:

2,600 GBX - 2.75 BTC for price >0.001
15,000 GBX - ~6BTC for prices < 0.001

Do you call this a strong buy wall ? Cheesy

And frankly speaking, if you say 80% of the coins are locked, the fact that the price is going down with only ~40,000 coins in "circulation", the rest being blocked in MNs is a serious issue..
It really means that the market can't absorb the new coins and the only interest is for setting up MNs, which is exactly what I said before

Yes, I know that from time to time we expect the "plunge protection team" to intervene and buy up to 0.00160 in a single burst. Then it's starting all over again, slowly slowly going down..

Or you can be smart and wait for 2018.
Nobody can predict the market. The images what you see up here are for entertainment made by an AI that uses some algorithms.
You want to buy GoByte, you buy. You don't want, then stay out.
Also many users don't understand the market, so there is no need to poke them in the eyes every time they make a "prediction".
"And frankly speaking, if you say 80% of the coins are locked, the fact that the price is going down with only ~40,000 coins in "circulation", the rest being blocked in MNs is a serious issue.."
No it's not an issue, it's a trend. For now.
Maybe this will "enlighten" you https://snag.gy/07C2u5.jpg

Yes, let's hope is just a trend.
About 2018, I expect market turbulence for BTC, being listed on futures some will want to see it down Smiley
Pleasure speaking with you.
As for the photos up here. It started as a joke, pure entertainment. It was late in the night, I decided to write "GoByte Predictions" on google, and a lot of thing pop up.
Like these: https://coincheckup.com/coins/gobyte/predictions
The best predictions are made by human mind, no AI can send signal as good as an experienced trader.
But is fun to watch it trying. Smiley

Nice talking to you too Smiley
Of course, a prediction is just a prediction
After the first 365 days with 15gbx/block we would have ~3.2 million coins in circulation, so at $391 closing price in November that means market cap of 1.2 Billion $$$
Not bad I would say.. Cheesy
Like zcash right now

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Re: [ANN] GOBYTE [GBX] - Masternodes, PoW, Secure, ASIC Resistance, & Decentralized
by
tmkn
on 15/12/2017, 07:46:18 UTC

What is trust level of this predictions I mean on this platform, site??

Don't trust the prediction, trust the roadmap. We're about to release an important core update. The whitepaper + new website + mobile wallet and payment gateaway will follow. I started to meet french lawyers for establishing GoByte legally and turn it into way more than what it is now. The more we'll work, the more we'll build up confidence, the more people will buy for long term hold Wink The price will follow.

As for the coin's emission being too high, mining being rewarded with too much coins, maybe there is a few others variables : there is only 239'000 coins in circulation and 205 MNs, that mean more than 80% are locked for people who might want more MNs (and the coin emission will decrease by 12% every year). At the moment, I can see 5k GBX on selling orders and more than 10 BTC on buy orders, it's far away from what I saw with XYLO. Plus.... seriously, XYLO ?

Yeah, right, now it's 8BTC on buy orders and the price is down again to 0.00118..
If you look now there are 2600 GBX on orders with price >0.00100 and the rest (15,000 BTX for prices below 0.001).
So, summary:

2,600 GBX - 2.75 BTC for price >0.001
15,000 GBX - ~6BTC for prices < 0.001

Do you call this a strong buy wall ? Cheesy

And frankly speaking, if you say 80% of the coins are locked, the fact that the price is going down with only ~40,000 coins in "circulation", the rest being blocked in MNs is a serious issue..
It really means that the market can't absorb the new coins and the only interest is for setting up MNs, which is exactly what I said before

Yes, I know that from time to time we expect the "plunge protection team" to intervene and buy up to 0.00160 in a single burst. Then it's starting all over again, slowly slowly going down..

Or you can be smart and wait for 2018.
Nobody can predict the market. The images what you see up here are for entertainment made by an AI that uses some algorithms.
You want to buy GoByte, you buy. You don't want, then stay out.
Also many users don't understand the market, so there is no need to poke them in the eyes every time they make a "prediction".
"And frankly speaking, if you say 80% of the coins are locked, the fact that the price is going down with only ~40,000 coins in "circulation", the rest being blocked in MNs is a serious issue.."
No it's not an issue, it's a trend. For now.
Maybe this will "enlighten" you https://snag.gy/07C2u5.jpg

Yes, let's hope is just a trend.
About 2018, I expect market turbulence for BTC, being listed on futures some will want to see it down Smiley
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Topic
Board Announcements (Altcoins)
Re: [ANN] GOBYTE [GBX] - Masternodes, PoW, Secure, ASIC Resistance, & Decentralized
by
tmkn
on 15/12/2017, 07:28:02 UTC

What is trust level of this predictions I mean on this platform, site??

Don't trust the prediction, trust the roadmap. We're about to release an important core update. The whitepaper + new website + mobile wallet and payment gateaway will follow. I started to meet french lawyers for establishing GoByte legally and turn it into way more than what it is now. The more we'll work, the more we'll build up confidence, the more people will buy for long term hold Wink The price will follow.

As for the coin's emission being too high, mining being rewarded with too much coins, maybe there is a few others variables : there is only 239'000 coins in circulation and 205 MNs, that mean more than 80% are locked for people who might want more MNs (and the coin emission will decrease by 12% every year). At the moment, I can see 5k GBX on selling orders and more than 10 BTC on buy orders, it's far away from what I saw with XYLO. Plus.... seriously, XYLO ?

Yeah, right, now it's 8BTC on buy orders and the price is down again to 0.00118..
If you look now there are 2600 GBX on orders with price >0.00100 and the rest (15,000 BTX for prices below 0.001).
So, summary:

2,600 GBX - 2.75 BTC for price >0.001
15,000 GBX - ~6BTC for prices < 0.001

Do you call this a strong buy wall ? Cheesy

And frankly speaking, if you say 80% of the coins are locked, the fact that the price is going down with only ~40,000 coins in "circulation", the rest being blocked in MNs is a serious issue..
It really means that the market can't absorb the new coins and the only interest is for setting up MNs, which is exactly what I said before

Yes, I know that from time to time we expect the "plunge protection team" to intervene and buy up to 0.00160 in a single burst. Then it's starting all over again, slowly slowly going down..



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Topic
Board Announcements (Altcoins)
Re: [ANN]Bitcore- BTX - SEGWIT - lowest fee - hybrid fork 1:0.5 of Bitcoin
by
tmkn
on 14/12/2017, 18:10:32 UTC
https://twitter.com/Bitcore_BTX/status/941224417991983106
Will BTX go to the moon on February 14, 2018?
So do you think btx will go to the moon in the month that the aidrop will end?
Be serious.. Smiley
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Topic
Board Announcements (Altcoins)
Re: [ANN] GOBYTE [GBX] - Masternodes, PoW, Secure, ASIC Resistance, & Decentralized
by
tmkn
on 13/12/2017, 19:37:05 UTC
If anybody is asking why the price goes down, there are several explanations:
1. the mining reward is too big, it generates too much coin in a short time. 24 blocks per hour x 24 hrs=576.
576x15= 8640/day.
At price of $30, this would mean ~260,000 usd/day.
Pouring the equivalent of 1 million $ every 4 days is too much, the market can't absorb this volume at current levels. Also, this would mean a capitalization of 365x260,000 = ~95 mil $ in one year.

So the price must go down. At least temporarily.

2. The starting price of $10 is somehow arbitrary, since there is no economical value behind, only perception and user sentiment. While the initial request to buy coins was motivated by the high roi, obviously the price increased up to a very high level. But as the market gets saturated with the new coins, the price will 'calibrate' to a lower level.

3. As I was pretty active on this market on cryptopia, I noticed that during the last 3 days, with very few exceptions, there were mainly 'sell' transactions. People wanting to buy knew that they just have to wait and the order was being filled slowly.
However, there were some spikes in buy, looking like somebody was willing to spend some coins just to raise the price by several %, and it raised the price for a short time, then continuing the downtrend.
I assume/guess this was the dev Smiley

So, price will go down for a while, it's hard to stop it now because there are very few buyers with high volumes.
It will stabilize to a certain price. As it goes down it and some people will sell their mns, it might attract new people etc.

Before you jump in and tell me that I want to push the price down to buy coins cheap, just take a look at other 2 pow+pos coins, MAG and XYLO.






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Board Announcements (Altcoins)
Re: [ANN][MAG] X11 POS/POW+Masternodes MAGNET / magnetwork.io
by
tmkn
on 12/12/2017, 13:12:37 UTC
"BEST COIN" !
 GO TO 1 SAT
https://imgur.com/dlbSLQF
https://imgur.com/BKA5oxE
SELL SELL SELL SELL SELL SELL SELL ONLY FUCKING SELL!!!!!!

Like I said in a previous post 2 days ago, the problem with MAG is that it generates too much coin too fast (96000/day, according to the dev).
So, unless there is a strong request to buy (which is not), the price will slowly go down. Also the incorrect mnrank.com listing.
Check my previous posts.
I'm sorry
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Board Announcements (Altcoins)
Re: [ANN]Bitcore- BTX - SEGWIT - lowest fee - hybrid fork 1:0.5 of Bitcoin
by
tmkn
on 11/12/2017, 17:29:52 UTC
So, Steve, what happened to the marketing stunts you were planning for last week?
Price is going down to $10-$15 as I predicted..

It's not Steve.
Ok, tnx.
What I'm worried about is the lack of interest for btx, we are now at $1.5 mil per day from a max of $16mil/day.
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Board Announcements (Altcoins)
Re: [ANN]Bitcore- BTX - SEGWIT - lowest fee - hybrid fork 1:0.5 of Bitcoin
by
tmkn
on 11/12/2017, 17:20:55 UTC
Very disappointing development of the price of BTX.

Marketing, marketing...

--ypsi

This will be remedied very shortly. I am skyping with a pr company on tuesday and we will likely come to an agreement. Additionally, we are discussing facebook ads, google adwords, and even youtube. We are working as fast and as hard as we can on these things but they don't happen overnight.
So, Steve, what happened to the marketing stunts you were planning for last week?
Price is going down to $10-$15 as I predicted..
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Board Announcements (Altcoins)
Re: [ANN]Bitcore- BTX - SEGWIT - lowest fee - hybrid fork 1:0.5 of Bitcoin
by
tmkn
on 11/12/2017, 08:23:37 UTC
Is the contest still open? Cheesy

https://i.imgur.com/kWw4d0w.jpg
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Board Announcements (Altcoins)
Re: [ANN]Bitcore- BTX - SEGWIT - lowest fee - hybrid fork 1:0.5 of Bitcoin
by
tmkn
on 11/12/2017, 05:24:38 UTC


Smiley) when do you think will hit $1000? 1 year time ? 2 ?

You see how your post was buried by a long boring post?  That’s key.

$1,000 should come in max 3 months.  $10,000 max 6-10 months.

The slogan says "future is now". So I guess $20 is the future price as well  Shocked

This future is now sounds like a prophecy.. We're stuck at $20 today Smiley weee
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Board Announcements (Altcoins)
Re: [ANN][MAG] X11 POS/POW+Masternodes MAGNET / magnetwork.io
by
tmkn
on 10/12/2017, 11:20:46 UTC
the price is moving too much because of many small amount sell order, hopefully magnet can list at other major exchange to get the price stabilize and not letting those ppl to create too much panic sell.

I really appreciate all the hard work that dev has done , and hope this project can success.

Don't you realize it's 'game over'?
Too many coins are created daily. There will be an increasing pressure to sell, especially from those who bought on the exchange and set up mn.


When You realize we are 3 weeks old and having this much interest this early without 0 marketing on our side.. maybe the market conditions arent that bad?
We have very little information presented about what our plans are. Roadmap and webpage are just coming out.

Without any effort to reach more audience we have a market that can sustain 1500 sat per 1 mag nicely and everything is just starting.
Masternode number on network is increasing.
Even if someone sells under, price bounces back nicely.
So it may be Game Over for You but we are just starting to make our first moves.

There will be android wallet for easy MN monitoring when on the go and designated tool for interacting with You MN.
Right now we have 2 planned in-wallet features that personally i have not seen anywhere and should give a unique twist to the user experience.
Magnet Wallet 2.0 will have whole new look and more features available with the focus on everyday user.

Besides that we are currently making progress in the energetic side of our plans and addition to collecting data on solar mining we have a now connection to other types of green energy sources.
All this will bring an investing platform for the users, but this is still being put together and way too early for this stage in our development to be discussed further publicly.
More details on the website next week.

So instead of putting Your short sight out on the display - simply move on Smiley

I really appreciate your work and marketing, congratulations!
But there is a design problem - hyperinflation.

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Re: [ANN]Bitcore- BTX - SEGWIT - lowest fee - hybrid fork 1:0.5 of Bitcoin
by
tmkn
on 10/12/2017, 05:49:34 UTC


Smiley) when do you think will hit $1000? 1 year time ? 2 ?

You see how your post was buried by a long boring post?  That’s key.

$1,000 should come in max 3 months.  $10,000 max 6-10 months.

The slogan says "future is now". So I guess $20 is the future price as well  Shocked
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Board Announcements (Altcoins)
Re: [ANN][MAG] X11 POS/POW+Masternodes MAGNET / magnetwork.io
by
tmkn
on 10/12/2017, 04:03:32 UTC
the price is moving too much because of many small amount sell order, hopefully magnet can list at other major exchange to get the price stabilize and not letting those ppl to create too much panic sell.

I really appreciate all the hard work that dev has done , and hope this project can success.

Don't you realize it's 'game over'?
Too many coins are created daily. There will be an increasing pressure to sell, especially from those who bought on the exchange and set up mn.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MAG] X11 POS/POW+Masternodes MAGNET / magnetwork.io
by
tmkn
on 09/12/2017, 17:36:44 UTC
Developer! Why is a day only once 100 coins came in and the rest of the trifle 0.0000...well Written and on the website 195 coins per day , and 331 mnrank coin per day.And there really is 100 coins only! Huh Huh Huh

http://images.vfl.ru/ii/1512541557/78703406/19704022_m.png
Magnet is PoS/PoW mining with a 1 in 2 chance occurrence of either. So masternodes receiving 50% of mining rewards also have a 1 in 2 chance of receiving either a PoS or a PoW reward.

PoW = 200 Mag so masternodes receive 100 Mag when they win PoW.

PoS = coin-day * 7% / 365 so masternodes receive X Mag depending on the staking amount.

The screen above shows that your masternode received 5 rewards. 4 of which are PoS and one is PoW. Now this is like flipping a coin, eventually you will end up with around 50% PoS and 50% PoW.

One more important thing, verify that you have disabled staking (staking=0) in your configuration file as this could potentially reset your rank and you would lose a chance at an actual PoW reward whenever your coin stake wins the block. PoS rewards are typically small as the network supply is still small too but we can easily see a day where staking rewards will outperform PoW rewards.





mnrank.com shows wrong data for Magnet. The reward is much lower (about half of what is listed there).
No wonder why the MAG price is sinking..


As I told you many times on Slack, we are not controlling what MNRANK shows on their website. Stop spreading lies about us, again we are not controlling what MNRANK decides to display.

I wrote the listing script here http://magnetwork.io/checkmn and I made sure that the calculation displays correct average - it has always done so. You just did not bother to check it yourself. Now I understand you are frustrated because you got the wrong information from a 3rd party website, however there is a major difference between frustration and spreading lies for not checking our official pages.

Again, we have nothing to do with numbers displayed on MNRanks, I have no idea how they calculate their estimate and our official MN page shows an average that is not inflated (feel free to check the script!) hence the major difference between the 2 numbers.

Again here is it:

90 seconds per block = 960 blocks daily in average.
50% PoW, 50% PoS means 48000 MAG through PoW + INSIGNIFICANT_AMOUNT through PoS (my script entirely ignores this amount, how more fair can you be?).
You take this and divide by the number of masternodes and there you go, it gives you an average of earnings per masternodes.

YET, things to consider.

1) A very high standard deviation because the rewards vary from ~0 to 100 MAG. So you may see masternodes earning 400 MAG and others less than 1 MAG with yet an average of 200 MAG, we have been explicit about this - always.

2) The network conditions being constantly on the move, the arithmetic mean would not pretend to hold long enough to be practically observed.

Hope this ends the lies my friend.

Time and the price will prove..
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Board Announcements (Altcoins)
Re: [ANN][MAG] X11 POS/POW+Masternodes MAGNET / magnetwork.io
by
tmkn
on 09/12/2017, 17:27:03 UTC
Pour coins
That's because of the 'intelligent' way to reward masternodes - using this flipping coin/randomness.
There are a lot of new coins generated every day but nobody will want to buy them after they realise magnet masternodes are useless.. Especially that mnrank say one thing and the reality is much much worse..
I hope the dev(s) learn a lesson from this.
The price will go further down. I have no interest to buy, I sold my 2 MN coins when price was $0.4, so don't say that I am telling you this because I want to buy more..

There are 192000 new coins generated daily through pow/pos, so every 5 days 1 million mag hit the (only) exchange.
Now there are 4.4 mil mag coins, there will be 8 mil by Christmas, so go figure out what will happen with the price..