Cryptocurrency Experience

CryptO · Apr 18, 2014

Pm me if you bought FAC above 3000 sats.

Whitecoin on a warm up before the real action starts when PoW ends.

biggeemac · Apr 18, 2014

Alty said:
Pm me if you bought FAC above 3000 sats

hmmm, i dont like the sound of that.

I like the movement of WC. I bought 35k of them at 780sats

fuller · Apr 18, 2014

Alty said:
Pm me if you bought FAC above 3000 sats.

Whitecoin on a warm up before the real action starts when PoW ends.

Hmm, I got all of mine for under 3000 but that doesn't sound too promising.

Thanks for the whitecoin call! :hurray:

CryptO · Apr 18, 2014

Somebody panic and dump FAC?

By pm, I didn't mean it was bad news I just want to help you guys out incase my FAC prediction fails.

Deleted21703 · Apr 18, 2014

I only took out about 0.5BTC to put in WC.

yousf · Apr 18, 2014

So on which coins should we keep our eyes on to invest Alty?

CryptO · Apr 18, 2014

@yousf Clearly Whitecoin is on fire right now. When that's finished it'll be something else.

Expect a correction on WC (that sounds weird) because there is still 4 days left of hardcore mining. Multipools will be dumping.

I was in the top three holders of Whitecoin but shed 1 million earlier to take some profits. Placed some more buy orders at 1000 sats to accumulate more. Trouble is there appears to be tons of support in between so not even sure it will hit 1000 any time soon. Still one of the top holders so I'm looking forward to the mother of all pumps when the PoS stage kicks in.

exige · Apr 18, 2014

Alty said:
@yousf Clearly Whitecoin is on fire right now. When that's finished it'll be something else.

Expect a correction on WC (that sounds weird) because there is still 4 days left of hardcore mining. Multipools will be dumping.

I was in the top three holders of Whitecoin but shed 1 million earlier to take some profits. Placed some more buy orders at 1000 sats to accumulate more. Trouble is there appears to be tons of support in between so not even sure it will hit 1000 any time soon. Still one of the top holders so I'm looking forward to the mother of all pumps when the PoS stage kicks in.

Yes, WC is going to the moon, but not just yet. I almost rented 150 MH/s to put on it, but was foiled by stupid limits on betarigs and decided to just buy. Waiting for the correction, its coming. Anything under 2k is cheap, but if I can be patient and catch more on the drop then why not. WC has been a huge distraction for me today :-(

Scalped a little on the SAT mini-pump earlier. Have a bit of that I will bag hold as another bet just in case their multipool drives a big pump.

It looks like FLT might have another pump, but I already cashed out much profits on that one. I am still holding my FAC and won't dump. Give FAC some time.

ZET has been fun. Lots of FUD, but I think it will have a good run.

I have still been loading up on MZC. I just keep accumulating large amounts of it cheap. Its a very high risk bet.

yousf · Apr 18, 2014

Waiting for WC to get listed on Cryptsy.. Why do you think will there be a pump at the PoS stage?

CryptO · Apr 18, 2014

exige said:
I almost rented 150 MH/s to put on it, but was foiled by stupid limits on betarigs and decided to just buy.

You were better off buying.

As an experiment I rented 27 megs from Betarigs for 24 hours starting yesterday and finished a few hours ago. Prior to that I had to rent a tiny little rig to overcome the limits, which I did for 3 hours, then I could rent a larger one.

Anyway, 27 megs returned 23,000 FAC

Cost of rental : 0.3 btc

Cost of FAC before I rented: 1000 sats.

Conclusion : better of buying as I could of had 30,000 without any hassle.

Renting monster rigs are clearly at their best when mining a future star coin on it's first day.

CryptO · Apr 18, 2014

yousf said:
Waiting for WC to get listed on Cryptsy.. Why do you think will there be a pump at the PoS stage?

Waiting to buy or dump?

Miners will stop mining, sell pressure will ease off and there will be only one direction to go. up up up.

Look at the chart below. Right now, I'd say we are between the take off and first sell off period.

Deleted21703 · Apr 18, 2014

Betarigs has a limit now? I remember renting about 35MH/s for mining TiPS when the KGW implementation hit and the difficulty plummeted to 0.02.

I came out about 10% short after the entire ordeal. Would not recommend except for coins that haven't had their first major exchange pump yet.

biggeemac · Apr 18, 2014

Alty said:
Somebody panic and dump FAC?

By pm, I didn't mean it was bad news I just want to help you guys out incase my FAC prediction fails.

So you aren't claiming defeat yet? Fac is by far my biggest bag.

CryptO · Apr 18, 2014

biggeemac said:
So you aren't claiming defeat yet? Fac is by far my biggest bag.

No far from it!

I just kicked off some work activity on FAC and hopefully that'll bring it some interest.

BTW: AsiaCoin is something I'd consider getting.

Deleted21703 · Apr 18, 2014

AsiaCoin's price is quite high for a coin with such low volume.

CryptO · Apr 18, 2014

MystPhysX said:
AsiaCoin's price is quite high for a coin with such low volume.

My crypto sense tells me that volume will pick up.

It's not doing that bad considering it's got WC to compete with atm also multipools are liking it.

ACs got 150,000,000 coins in PoW stage (less than WC) then over 150million in PoS stage.

It's not premined, that'll help keep the trolls at bay.

I'm chucking 6 btcs into it, let's see where it goes.

Deleted21703 · Apr 18, 2014

Bittrex?

CryptO · Apr 18, 2014

MystPhysX said:
Bittrex?

Yep, going over there now.

mememan · Apr 18, 2014

Any thoughts on Ripple? Looks like the price has really crashed.

yousf · Apr 19, 2014

Got in on WC @1740 Sats. How high will you think will the bubble go? I want to set a take-win since I cannot watch the order book 24h/d.

CryptO · Apr 19, 2014

yousf said:
Got in on WC @1740 Sats. How high will you think will the bubble go? I want to set a take-win since I cannot watch the order book 24h/d.

This is seat of the pants stuff. I cannot tell you how high it will go exactly but I imagine when the grand daddy of big pump comes we could see anything up to 15000 sats, it'll probably be a flash-panic-buy followed by dump city. Anything above 8000 sats I'd be surprised after big pump number 1.

Set yourself a nice 3X and you're pretty much guaranteed a respectable 3 x return at 5000 sats, without having to watch.

exige · Apr 19, 2014

MystPhysX said:
Betarigs has a limit now? I remember renting about 35MH/s for mining TiPS when the KGW implementation hit and the difficulty plummeted to 0.02.

I came out about 10% short after the entire ordeal. Would not recommend except for coins that haven't had their first major exchange pump yet.

Yeah, they have all these dumb rules after you sign up. They lost me as a customer. I went over to leaserigs and rented a ton of hash and put it on Asiacoin yesterday

CryptO · Apr 19, 2014

Cryptsy is no longer the leading altcoin exchange.

Mintpal has dwarfed it in volume over the last few days. Almost 2X today.

AC continues to heat up.

Locked and loaded with FAC + AC + WC

Coming weeks are going to be very lucrative.

yousf · Apr 19, 2014

So would you recommend bittrex.com? The interface seems quite nice and the website fast.
And is it still recommended to buy AC at ~1760?
For FAC I seem being too late.

CryptO · Apr 19, 2014

yousf said:
So would you recommend bittrex.com?
And is it still recommended to buy AC at ~1760?

Yes and Yes

mememan · Apr 19, 2014

Alright, have to ask; anyone seriously looking at Ripple? Unlike MarineCoin, which is the #1 crypto by old cap metrics (http://coinmarketcap.com/views/market-cap-by-total-supply/), it actually seems interesting.

CryptO · Apr 20, 2014

Giving away 5,000 WC to the first three people to post up a Whitecoin address.

Happy Crypto Easter!

yousf · Apr 20, 2014

Thank you very much!

WY2qofAJnZWy61AMrqkBsk6R26ry6mJ8EH

JayKim · Apr 20, 2014

TY Alty! WYTJMBrGHqzxGVpZutwf4WtdwEtGmJESdd

CryptO · Apr 20, 2014

That's the spirit @yousf and esp @JayKim (you've had a steep learning curve, time to make it count).

Out all day, will send WC when I'm back on computer...

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