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Forum » MISC Crypto Crew (MCC) Vol 6: Christmas Edition; Battle of the Chads
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Thread: MISC Crypto Crew (MCC) Vol 6: Christmas Edition; Battle of the Chads

post 1539015991 12-30-2017, 10:26 AM
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#8191
  1. Love-Feet
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  1. Love-Feet
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Originally Posted By iifymbro⏩
Where do you buy it
https://coinmarketcap.com/currencies/xtrabytes/#markets
Winners find solutions, Losers find something to blame
post 1539016031 12-30-2017, 10:27 AM
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#8192
  1. rtljmc17
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  1. rtljmc17
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I honestly don't buy into btc having to stay around as a proof of concept. When it went from nothing to 1 dollar it was proven.

I honestly see it hovering around like a bad fsrt before being forgot about for better smelling farts
Take me seriously at your own risk.

LIVE LIFE FROM A PLACE OF LOVE NOT A PLACE OF FEAR


۞۞ ♥ ♣ ♦ ♠ ONLINE POKER CREW ♥ ♣ ♦ ♠ - The Grind ▄ █ ▆ ۞۞

__IRISH MISC CREW__

Positive Crew*
post 1539016321 12-30-2017, 10:32 AM
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#8193
  1. Silencespeaks
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  1. Silencespeaks
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Post deleted by user
post 1539016331 12-30-2017, 10:32 AM
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#8194
  1. MuckSnapper
  2. Bearded Princess
  1. MuckSnapper
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Temptations to sell some XRP to BTC so high rn hnnngh
There is no thing without nothing.

_____________________________________


MCC TAutist dicord: https://discord.gg/nX2fBRu
post 1539016401 12-30-2017, 10:33 AM
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#8195
  1. propreffered7
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  1. propreffered7
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Originally Posted By Silencespeaks⏩
Yeah there seems to be so much ambiguity about market cap. I always thought it's just supply times price.

Price can go up or down without more money coming in or leaving so to my understanding market cap does not mean the total money in the market right? Or is that wrong?

Also it sometimes vaguely seems that maybe people misinterpret "cap" as max limit on the market, so if the supply increases then the price would have to decrease to stay under the "cap." But cap is just short for capitalization.

But I'm no expert so maybe I'm misunderstanding some of this myself. To me it's just supply times price but I get confused sometimes by other comments and then I wonder if I'm missing something.
What i said before is i dont understand how the devs/companies decide ico price

Its hard to talk about because every coin will have more than 1 buyer, so its moot

But theres no way in hell a holder can dictate price. Only in the sense that you could lock up supply based on the original price
post 1539016451 12-30-2017, 10:35 AM
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#8196
  1. twopoundtorch
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  1. twopoundtorch
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Originally Posted By MuckSnapper⏩
Temptations to sell some XRP to BTC so high rn hnnngh
I'm tortured with this too. Would be a good move I reckon but the fees to move it back and forth are putting me off
post 1539016541 12-30-2017, 10:36 AM
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#8197
  1. iifymbro
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  1. iifymbro
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Originally Posted By KillahJon⏩
Perfect time to load up on ICX.
Markets fluctuate a ton, it will be alts/btc/bch rally soon.
Still not touching XRP, but glad lots of miscers got some gains out of it.
Originally Posted By brbacquiring⏩
You think? After that 4x pump from when it got listed on binance (I assume it was recently, since the charts don't go back further) it hasn't had a lot of time to rest yet.
It's mainnet release is jan 24th and their annual summit is a few days afterward. No rest for this bad boy, I put half a btc into it at 3840 sats and am hodling for 2018.
Originally Posted By Love-Feet⏩
https://coinmarketcap.com/currencies/xtrabytes/#markets
What are you guys expecting the price to go to in the next year and why? I'm scurred of chitcoins
**MFC**
**Barbara Palvin is my 10/10 crew**
post 1539016661 12-30-2017, 10:38 AM
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#8198
  1. Dude.Jon
  2. Pronouns I/Me/My
  1. Dude.Jon
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Last MCC 10x thread coin:





current 10x coin:









next thread coin:



Disagree with a Marxist and you will be targeted as part of the problem.
post 1539016791 12-30-2017, 10:40 AM
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#8199
  1. Sr21
  2. i_0G6WPuss4
  1. Sr21
  2. i_0G6WPuss4
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https://luxcore.io

Team reveal. Take a look.

This is going to moon so hard. They are even going to start marketing push.
You are now breathing manually
post 1539016901 12-30-2017, 10:43 AM
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#8200
  1. blackfromdead
  2. Banned
  1. blackfromdead
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Originally Posted By propreffered7⏩
You as a holder cant dictate price. Again, not like you can arbitrarily decide what price you want to sell; its based on the money coming in. So a person coming in and who wants to spend 20 dollars will dictate the price for you. They can either buy a lot or a little and you decide to sell

Youd only have 20 if someone came in and bought whatever amount necessary for that.youre still talking about supply and price

Whats interesting. And im not really sure how its decided.. Is when these coins first sell by the dev teams. How they dictate the price originally. I guess they can arbitrarily decide how much their coin will originally sell for
Lets say new money does come in and buys my coin at $20.
Old Market Cap = $100
New Market Cap = $200
New money in market = only $20

Same example, except I have 1 coin but there are 99 long term holders.
Old Market Cap = $1,000
New Market Cap = $2,000
New money = only $20

Don't mean to be bugging you m8, just trying to show that new money inflows can cause massive differences in the market cap.
Market cap to money inflows is not 1:1

I don't know if we can work out the real inflows / outflows by looking at market cap.
post 1539017041 12-30-2017, 10:44 AM
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#8201
  1. smallmeatchamp
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Originally Posted By CTSV648HP⏩
look at what price just did since announcement, up at least 1400 sats already

i literally jumped out of bed and ran to my computer to buy more the second the announcement dropped
Fuark at least I have 2k of them
post 1539017281 12-30-2017, 10:47 AM
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#8202
  1. CTSV648HP
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  1. CTSV648HP
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Originally Posted By iifymbro⏩
What are you guys expecting the price to go to in the next year and why? I'm scurred of chitcoins
If the mainnet comes online, the tech is what they say it is.... you can name your price

its a platform coin, not a single use coin

it is in the process of being patented, you don't normally see that... they are doing that to protect against any future hardforks
post 1539017501 12-30-2017, 10:52 AM
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#8203
  1. MuckSnapper
  2. Bearded Princess
  1. MuckSnapper
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Originally Posted By twopoundtorch⏩
I'm tortured with this too. Would be a good move I reckon but the fees to move it back and forth are putting me off
I did 1500 Bruh.. if BTC pumps back to 14 it’ll be worth it


Wish me luck.
There is no thing without nothing.

_____________________________________


MCC TAutist dicord: https://discord.gg/nX2fBRu
post 1539017541 12-30-2017, 10:52 AM
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#8204
  1. Silencespeaks
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  1. Silencespeaks
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Post deleted by user
post 1539017871 12-30-2017, 10:58 AM
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#8205
  1. Gringo12
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  1. Gringo12
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[QUOTE=Dude.Jon post_id=1539016661]Last MCC 10x thread coin:
[img]https://pbs.twimg.com/profile_images/656580677375295488/ZTHQ9891.png[img]




current 10x coin:
[img]https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcSzW6cnwSHmQnoW5N-QWSKh72GTCScuUOsJRRntH_QLbl922Uhy[img]








next thread coin:



[img]http://i.imgur.com/fSJY9mb.jpg[/img][/QUOTE]Fckn knew I made the right choice. Pre ordering my lambo now
Fck u james
post 1539018021 12-30-2017, 11:01 AM
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#8206
  1. propreffered7
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  1. propreffered7
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Originally Posted By blackfromdead⏩
Lets say new money does come in and buys my coin at $20.
Old Market Cap = $100
New Market Cap = $200
New money in market = only $20

Same example, except I have 1 coin but there are 99 long term holders.
Old Market Cap = $1,000
New Market Cap = $2,000
New money = only $20

Don't mean to be bugging you m8, just trying to show that new money inflows can cause massive differences in the market cap.
Market cap to money inflows is not 1:1

I don't know if we can work out the real inflows / outflows by looking at market cap.
You seem to think people can decide to sell at whatever price they want.

The current price is dictated by the supply and the ico price. The devs set ico price, and have a finite supply. You exchange $ for a portion of the finite supply and the price rises.

Another thing is im pretty sure btc dev team can make things more expensive. I am not quite sure how this works out; for example bitcoin "halving" and miner difficulty increasing. I am not quite sure how that dictates things.. Whereby btc could just increase difficulty and become more expensive. I have asked and never found an answer
post 1539018461 12-30-2017, 11:07 AM
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#8207
  1. jamalfudge
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  1. jamalfudge
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As much as everyone points to manipulation after a coin crashes, here's some food for thought. Notice how on popular exchanges, during peak volume/traffic, transactions are disabled. Happened to BTC, LTC, BCH, ETH at various and/or multiple times this year. Hasn't happened to XRP yet but it's gained so much volume in the last few weeks. Chew on that a little.
#
post 1539018661 12-30-2017, 11:10 AM
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#8208
  1. GabrielNovar
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Crazy to see a lot of Swiss banks managing crypto
post 1539019091 12-30-2017, 11:16 AM
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#8209
  1. SUCIO
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Originally Posted By Gringo12⏩
Fckn knew I made the right choice. Pre ordering my lambo now
On mobile...can’t open images what coins?
post 1539019151 12-30-2017, 11:18 AM
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#8210
  1. dmaaack
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ETH look strong during this dump
post 1539019181 12-30-2017, 11:18 AM
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#8211
  1. blackfromdead
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  1. blackfromdead
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Originally Posted By propreffered7⏩
You seem to think people can decide to sell at whatever price they want.

The current price is dictated by the supply and the ico price. The devs set ico price, and have a finite supply. You exchange $ for a portion of the finite supply and the price rises.

Another thing is im pretty sure btc dev team can make things more expensive. I am not quite sure how this works out; for example bitcoin "halving" and miner difficulty increasing. I am not quite sure how that dictates things.. Whereby btc could just increase difficulty and become more expensive. I have asked and never found an answer
I never once said that a single person sets the price that the market transacts at. I gave you an over simplified example to demonstrate the principle that money flows in and out are not directly correlated to changes in market cap.

Real world example. Positive earnings news for stocks adjust market participants sentiment and you have gaps in price the next morning because traders adjust their expectations on value. Expectations of what something is worth sets price, not money flows.

The same thing happens in forex, commodities, stocks and cryptos is no exception.

You CANNOT tell the amount of net money flowing into and out of stocks, commodities, forex or cyrptos by looking at the market cap.
post 1539020411 12-30-2017, 11:32 AM
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#8212
  1. KillahJon
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MOD is goin on a fukin moon mission right now.
post 1539020981 12-30-2017, 11:39 AM
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#8213
  1. TacticalTaco
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POE raw dogged TRX and left that sloot in her chit apartment to catch a spaceship flight.
post 1539021371 12-30-2017, 11:45 AM
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#8214
  1. TacticalTaco
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Have an extra 40 bucks to play with, any ico's to look at?
post 1539021441 12-30-2017, 11:46 AM
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#8215
  1. propreffered7
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Originally Posted By blackfromdead⏩
Expectations of what something is worth sets price, not money flows.
Im honestly not sure what youre talking about anymore.

In this example the only reason the price would rise is, even if its as you said - there was an expectation the price would rise - is if someone paid more for it. In which case, the marketcap would rise.

People would expect it to be worth more so in anticipation spend more to acquire more of it.

Not like the price would rise in anticipation; its because an actual transaction occured where someone overpaid increasing the price.

Throughout all of this.. What is your point. Price is more important than marketcap? you seem to argue price is adjusted through an arbitrary means.

Im not too tired of talking about it but im slightly annoyed
post 1539022041 12-30-2017, 11:54 AM
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#8216
  1. MuckSnapper
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Pump already BTChad stop being a fukkin cuck
There is no thing without nothing.

_____________________________________


MCC TAutist dicord: https://discord.gg/nX2fBRu
post 1539022141 12-30-2017, 11:55 AM
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#8217
  1. brbacquiring
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Originally Posted By jamalfudge⏩
As much as everyone points to manipulation after a coin crashes, here's some food for thought. Notice how on popular exchanges, during peak volume/traffic, transactions are disabled. Happened to BTC, LTC, BCH, ETH at various and/or multiple times this year. Hasn't happened to XRP yet but it's gained so much volume in the last few weeks. Chew on that a little.
What do you think that means?
Could have been a slayer.
post 1539022401 12-30-2017, 11:58 AM
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#8218
  1. redwine91
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  1. redwine91
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I own 2.5 LTC's around $275 and $340. Am I fukt? It's been floating around low 200's.
post 1539022471 12-30-2017, 11:59 AM
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#8219
  1. RedSoxfan1978
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  1. RedSoxfan1978
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So brahs I've restocked on XLM last night.

Not sure what else to get now. I've got around $1500 in extra fiat. Wut do brahs??
"Johan tells me that your luggage, is the luggage of the poor."

"The will to survive is not as important as the will to prevail... the answer to criminal aggression is retaliation." - Col. Jeff Cooper USMC Ret.
post 1539022561 12-30-2017, 12:00 PM
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#8220
  1. MuckSnapper
  2. Bearded Princess
  1. MuckSnapper
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Originally Posted By RedSoxfan1978⏩
So brahs I've restocked on XLM last night.

Not sure what else to get now. I've got around $1500 in extra fiat. Wut do brahs??
Bitcoin.
There is no thing without nothing.

_____________________________________


MCC TAutist dicord: https://discord.gg/nX2fBRu
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