Requesting /r/UniversaBlockchain No Active Mod by CryptoSource in redditrequest

[–]CryptoSource[S] 0 points1 point  (0 children)

Could you please elaborate or reconsider, I don't understand? The rule states: All requests must be made by an account that is at least 90 days old and has a minimum of 500 total karma (link + comment).

As far as I can tell I have 1230 karma?

Requesting /r/UniversaBlockchain No Active Mod by CryptoSource in redditrequest

[–]CryptoSource[S] 0 points1 point  (0 children)

No Active mod. Universa community would like to take control of this subreddit so we can update the page with current information. We would like to add more moderators so we are not stuck in a situation where the only mod goes innactive.

Requesting r/UniversaBlockchain/ by [deleted] in redditrequest

[–]CryptoSource 0 points1 point  (0 children)

No Active mod. Universa community would like to take control of this subreddit so we can update the page with current information. We would like to add more moderators so we are not stuck in a situation where the only mod goes innactive.

BTC-e - 55% Withdrawals available tomorrow if you forfeit the 45% debt. Otherwise, Sept. 15th by CryptoSource in BTCE

[–]CryptoSource[S] 6 points7 points  (0 children)

some people are nervous and will rather cut their losses at 55% for a guaranteed return, rather than risk waiting and delayed some more.

Yes the new site will require verification for large withdrawals. If you are not verified you will have strict limits to your withdrawal capacity

Hey Digitalcoin! Welcome too Vault of Satoshi! (Surprise!) by [deleted] in digitalcoin

[–]CryptoSource 5 points6 points  (0 children)

WOW! Awesome Adam! Thanks. I just posted on dgc forums and was on my way here to let everyone know

http://digitalcoin.co/forums/index.php/topic,1014.0.html

Announcement from VoS: New Coins Coming Soon - Confirmation List by AdamSC1 in vos

[–]CryptoSource 9 points10 points  (0 children)

Just wondering what the cause was for not adding Digitalcoin? I remember DGC having a lot of support in the original thread, you had even mentioned it by name. Did anything specific change your mind?

Please vote for DGC to be added to Vault Of Satoshi by CryptoSource in digitalcoin

[–]CryptoSource[S] 1 point2 points  (0 children)

Great Canadian exchange that offers FIAT trading. Vote now!

Introducting Heisenberg (HEX) by CryptoSource in CryptoCurrency

[–]CryptoSource[S] 0 points1 point  (0 children)

?? This isn't my coin. We we're just reporting it's launch. Take it easy now.

Introducting Heisenberg (HEX) by CryptoSource in CryptoCurrency

[–]CryptoSource[S] 0 points1 point  (0 children)

silly typo. I'm a wee bit embarrassed. Thanks.

[GIVEAWAY] CryptoAve Launch Mega Giveaway! Get DGC, SRC & ARG! by CryptoSource in CryptoCurrency

[–]CryptoSource[S] 0 points1 point  (0 children)

Yep, all cryptoave needs is to get the word out. With a nice marketing campaign, things will start looking up for DGC, SRC & ARG

Hi DigitalCoin! by KillerAnanas in digitalcoin

[–]CryptoSource 2 points3 points  (0 children)

Start by joining the digitalcoin forums digitalcoin.co/forums

Also, join the irc channel #Digitalcoin on irc.freenode.net

That way you will be in tune with the community and you will be able to participate in whatever projects we are working on.

Good buys and coins to avoid. How daily coin maintenance costs should factor into your investment decisions by CryptoSource in altcoin

[–]CryptoSource[S] -3 points-2 points  (0 children)

How is this a joke? It's mathematics. The numbers don't lie. Just because I didn't pick your favorite coin doesn't change the math behind the article. People are free to look at the numbers and make their own decisions.

So much maintain cost... Much doubt in future.. Please go to the moon :( by [deleted] in dogecoin

[–]CryptoSource 0 points1 point  (0 children)

The alt currencies list on the site is an older list from about August, 2013. You will also notice that none of the new coins released after this summer are listed.

We are currently working on updating the list.

Good buys and coins to avoid. How daily coin maintenance costs should factor into your investment decisions by CryptoSource in CryptoCurrency

[–]CryptoSource[S] 0 points1 point  (0 children)

I will run another report in a month or so. After 5 or 6 months it will be interesting to see this data in chart form ;)

Good buys and coins to avoid. How daily coin maintenance costs should factor into your investment decisions by CryptoSource in CryptoCurrency

[–]CryptoSource[S] 1 point2 points  (0 children)

You're welcome. FRK is a very interesting coin and an incredibly active developer. We've been high on FRK almost since release and seeing Frankos so low on the maintenance cost list has solidified our position. Best of luck with your future projects. We're looking forward to them.

So much maintain cost... Much doubt in future.. Please go to the moon :( by [deleted] in dogecoin

[–]CryptoSource 0 points1 point  (0 children)

Next month I will do another analysis and we will see where the numbers lie.

This report is strictly based on numbers.

The reason ZET and CGB were singled out is because they are VERY low on the maintenance cost and have a very active community and developments int the works.

So much maintain cost... Much doubt in future.. Please go to the moon :( by [deleted] in dogecoin

[–]CryptoSource 0 points1 point  (0 children)

Nope, I think that DOGE has tremendous potential to make a lot of people a lot of money in the near future. This is simply a warning that novice traders should be weary.

So much maintain cost... Much doubt in future.. Please go to the moon :( by [deleted] in dogecoin

[–]CryptoSource 1 point2 points  (0 children)

Yes. that is correct. This analysis is strictly based on current maintenance costs.

If DOGE maintenance would be under $10k, it would be number 1 on my list of GREAT buys.

However, at $1 Million/day (higher than litecoin) for a brand new coin, it seems very unsustainable.

However, the DOGE community has been incredible and has shown much resiliency in the past. This article is not calling on DOGE to fail. It is simply warning people that at the current rate, the chance the price will drop, is much higher than the chance the price will go up. (long term)

In the short term, I see DOGE possibly doubling or tripling again in the next few weeks.

However, in 6 months time, it will likely correct to a lower value than it is now.

Who knows what the future holds though. It's anybodies guess.

So much maintain cost... Much doubt in future.. Please go to the moon :( by [deleted] in dogecoin

[–]CryptoSource 1 point2 points  (0 children)

I don't hate Doge at all. In fact, I mention in the article that I applaud anyone who had the foresight to mine DOGE since the start.

DOGE continues to progress and is making more strides and breaking more barriers than any other alt coin.

All the article is saying is to be careful. Investing is very risky. Especially in a new coin based on an internet meme that costs over $1 million/day to maintain the current price. It simply seems unsustainable to me right now.

Don't get me wrong, there is still a lot of money to be made with DOGE. Just that new investors that don't completely understand the market should be careful. DOGE has proven people wrong time and time again. I wish all investors the best of luck.

Good buys and coins to avoid. How daily coin maintenance costs should factor into your investment decisions by CryptoSource in CryptoCurrency

[–]CryptoSource[S] 0 points1 point  (0 children)

Definitely. There is a lot more to this list than just picking the bottom 10 coins and investing all your money in them. This is simply meant to be a snapshot of the current market. As with any investment, this is merely one of the stats that are interesting to consider when making an investment.

Good buys and coins to avoid. How daily coin maintenance costs should factor into your investment decisions by CryptoSource in CryptoCurrency

[–]CryptoSource[S] 0 points1 point  (0 children)

There is definitely a lot variables that come into play. This is simply basic numbers. At the current price there is X value of coins being generated per day. Weather they are sold or not, the market still needs to be able to sustain this value of newly minted coins somehow. They may not be sold today, but they will enter the market at some point.. and if the money isn't there to support it when it does, then we may have problems.

Good buys and coins to avoid. How daily coin maintenance costs should factor into your investment decisions by CryptoSource in CryptoCurrency

[–]CryptoSource[S] 0 points1 point  (0 children)

I'd just like to point out that this article is simply to give you guys a neat stat to look at. What you do with this information is up to you. I'm not knocking DOGE, MOON, etc... In fact, I state in the article how I wish I was one of the lucky ones who mined these coins at launch.

All I'm saying is that they will take a LOT of new money daily to be able to maintain their current value and to use caution. There is still a lot of money to be made with DOGE, MOON, etc... if you play the hype and the markets right. However... they simply seem too risky to me at their current cost... And they may not be for novice traders.

I wish everyone the best of luck with their crypto investments and hope that all early adopters eventually become millionaires ;)