Reddcoin : Excellent opportunity

 

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Last week I warned about Auroracoins' excellent rise from $3 to $12 in just a ...
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    Default Reddcoin : Excellent opportunity

    Last week I warned about Auroracoins' excellent rise from $3 to $12 in just a matter of hours. Less than 48 hours later AUR reached $70 per coin at a volume of U$ 1 million per day on average.

    So if you had bought U$ 10.000 at U$ 3 on Feb 27, a couple days later you'd have U$ 230.000 - yup, 230 GRAND in 48 to 72 hours. The traded volume during the past week allowed for that amount.

    Aurora seems like an interesting investment, but it'll be airdropped to all Icelanders in a few days, so it's very risky right now.

    Now I'm back with another totally unscientific gut feeling based prediction for all Black Hats : it's called Reddcoin.

    Not Redcoin, but Reddcoin, with two D's. It's a social media tipping coin aimed at Twitter, Reddit(this is where the two D's come from, I think), Facebook and other social media.



    Official site: www.reddcoin.com

    The mining has gotten a lot more difficult the past 24 hours - which is an early sign of demand for the coin.

    Wish all BlackHats excellent trades!

    Disclaimer
    Remember cryptocoins are high risk, so invest at your own discretion. Do not bet what you can't afford to lose.

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    Default Re: Reddcoin : Excellent opportunity

    Will be looking into this further. Thank you

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    Default Re: Reddcoin : Excellent opportunity

    Alright, I looked into it, but I still don't understand what Reddcoin is offering that Dogecoin doesn't already offer. Reddcoin's USP is that it is the Social Tipping Currency. Hasn't dogecoins been trying to achieve this for the last few months now? What makes you think that this currency is going to take off?
    Last edited by SeanAustin; 03-09-2014 at 11:03 PM.

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    Default Re: Reddcoin : Excellent opportunity

    Thanks for the thread and specially clarify this is RedDcoin not Redcoin. Hope its going to up.

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    Default Re: Reddcoin : Excellent opportunity

    OP, I think I get the method now. Buy a bunch of a random unpopular coin, then post on some public forms so more people buy, driving up the price. Then when the threads slow, sell.

    Off to make my journey thread!

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    Default Re: Reddcoin : Excellent opportunity

    Quote Originally Posted by macdonjo3 View Post
    OP, I think I get the method now. Buy a bunch of a random unpopular coin, then post on some public forms so more people buy, driving up the price. Then when the threads slow, sell.

    Off to make my journey thread!
    All the altcoins are a high risk investment, so noone should take any advice blindly. This community is made up of experts, everyone in here can judge whether to buy or not. This is my hunch for the next few weeks/months. I think Redd is currently "unpopular" as you said but it has a nice community and potential.

    Some speculators are buying and dumping like you say, but others are holding for the long run. I'm not advocating either strategy, you're free to either take the advice or not. Good luck.

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    Default Re: Reddcoin : Excellent opportunity

    Quote Originally Posted by macdonjo3 View Post
    OP, I think I get the method now. Buy a bunch of a random unpopular coin, then post on some public forms so more people buy, driving up the price. Then when the threads slow, sell.

    Off to make my journey thread!
    Sounds like a plan.

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    Default Re: Reddcoin : Excellent opportunity

    After researching even more, I do believe this coin has potential to go much further then dogecoin will ever go. Dogecoin was cute, but way to cute to be anything remotely serious to the general public. I believe Reddcoin might in fact bring awareness to cryptos for the general public, and not in a "oh look at that doggy!" kind of way.

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    Default Re: Reddcoin : Excellent opportunity

    SeanAustin, that was part of my assessment as well. Reddcoin is a serious project, whereas Doge is kind of a joke really. Serious investors will probably look at Redd in a different way.

    Their community is currently about 1/10th of the doge community. Once it gains some steam it'll become better known.

    Well, I'm hoping it does - I'm putting my money where my mouth is

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    Default Re: Reddcoin : Excellent opportunity

    Quote Originally Posted by macdonjo3 View Post
    OP, I think I get the method now. Buy a bunch of a random unpopular coin, then post on some public forms so more people buy, driving up the price. Then when the threads slow, sell.

    Off to make my journey thread!
    This is what we call "PUMP and DUMP" method.

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    Default Re: Reddcoin : Excellent opportunity

    This just seems like a classic pump and dumb scheme. This worked in 99 and works now for these cryptocurrencies. I guess history likes to repeat itself. I'd recommend going low investment, don't get greedy, these things can go up like crazy then crash when someone cashes out.

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    Default Re: Reddcoin : Excellent opportunity

    no offense dude but by now you should have an idea that these digital coins aren't meant for cashing it out else there would simply be chaos, the original idea was to use it as a diversification (which is kind of failing atm), but nevertheless we can hope that crypto-currencies are structured more uniformly

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    Default Re: Reddcoin : Excellent opportunity

    Ya I mined reddcoin about 2 days ago and got about 150k coins, it looks good. To me it's all about the devs and the community and then you have the lucky ones like auroracoin and others that shoot up for a good pump then fall back down. But doge and redd can both exist and have their own uses.

    My favorite alt coins right now are:

    Dogecoin
    Mintcoin
    Vertcoin
    Darkcoin
    Reddcoin

    They all have some good strengths and potential. A lot of people talk a lot of crap about all the alts coming out but there is some good money to be made if you play it right and more and more people are getting into it, should be a fun ride.
    “There are only two things wrong with money: too much or too little.” ― Charles Bukowski

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    Default Re: Reddcoin : Excellent opportunity

    Quote Originally Posted by ibmethatswhoib View Post
    Ya I mined reddcoin about 2 days ago and got about 150k coins, it looks good. To me it's all about the devs and the community and then you have the lucky ones like auroracoin and others that shoot up for a good pump then fall back down. But doge and redd can both exist and have their own uses.

    My favorite alt coins right now are:

    Dogecoin
    Mintcoin
    Vertcoin
    Darkcoin
    Reddcoin

    They all have some good strengths and potential. A lot of people talk a lot of crap about all the alts coming out but there is some good money to be made if you play it right and more and more people are getting into it, should be a fun ride.
    These altcoins are being traded several 100K U$ per day. The volume is not entirely bad. The market cap is sorta bad metric because you can basically print a billion coins and come up with some fraction of a penny value. But the volume is indisputable, they're being traded.

    As long as altcoins are traded, they've got value. We don't know what value yet....but if there's trade, there's value.

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    dejanlesi is offline Regular Member
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    Default Re: Reddcoin : Excellent opportunity

    So where are you buying your Reddcoins?

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    Default Re: Reddcoin : Excellent opportunity

    Quote Originally Posted by dejanlesi View Post
    So where are you buying your Reddcoins?
    Trading for BTC at https://www.cryptorush.in/

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    Default Re: Reddcoin : Excellent opportunity

    Will seriously look into this and i just bought 50k dogecoins 2 weeks ago.

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    Default Re: Reddcoin : Excellent opportunity

    Reddcoin has been something I've been following closely since it was first announced in just a month or so they have a tip bot for reddit, twitter and have just announced the beta for viewers on twitch.tv and justin.tv to tip whichever steamer they want through chat

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    Default Re: Reddcoin : Excellent opportunity

    I don't really like investing but I still keep track of the prices, potcoin is the way to go. If you want something really long term try feathercoin, it's made by people from oxford.

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    Default Re: Reddcoin : Excellent opportunity

    Hey I am interested in this, but where can I buy Reddcoin or the other you have mentioned? I can't mine any because my computer is not powerful enough. I know where to go to buy bitcoins etc. Anyway links would be helpful. Thanks mate.

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    Default Re: Reddcoin : Excellent opportunity

    Quote Originally Posted by SilverSultan View Post
    Hey I am interested in this, but where can I buy Reddcoin or the other you have mentioned? I can't mine any because my computer is not powerful enough. I know where to go to buy bitcoins etc. Anyway links would be helpful. Thanks mate.
    if you can get your hands on some bitcoins cryptorush.in, coinedup and **********.net all have trading for redd available

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    Default Re: Reddcoin : Excellent opportunity

    +40% today.

    REDDcoin got added to Cryptsy

    Now it'll either get dumped or will gain lots of value. Still in high-risk land, but definitely good news seeing it on the biggest exchange.

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    Default Re: Reddcoin : Excellent opportunity

    Quote Originally Posted by bartosimpsonio View Post
    +40% today.

    REDDcoin got added to Cryptsy

    Now it'll either get dumped or will gain lots of value. Still in high-risk land, but definitely good news seeing it on the biggest exchange.
    gonna be scary with Crypsty, too many coins go there to die. but a wallet for android was released pretty recently so the devs are still working hard!

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    Default Re: Reddcoin : Excellent opportunity

    Be sure to tell us when youre out. I dont want to be left holding the bag

    too bad it isnt called reddit coin that might be more game changing
    Last edited by dripdrop; 03-15-2014 at 12:59 AM.

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    Default Re: Reddcoin : Excellent opportunity

    Is something going on with Reddcoin?

    I went to a faucet and got some reddcoins. They show up in the blockchain but never show up in my wallet.

    I contacted the site owner, and apparently a glitch is stopping something from giving coins properly in reddcoin.

    I am afraid that if I earn coins for services, they will disappear too.

    This is the information I got from him after telling him my coins weren't coming to me

    Message one

    Hi,

    the coins have been sent correctly:

    Database entry:

    | 3679 | 24 |
    d245970a944cc7be832582f21622599a32218843523b8b5c8c c1d8be4baad052 |
    RsGzUJY7KQNdbVLkvwnt6ZLUv8GX1ZP8HF | 502633294 | 2014-03-13 1440 |
    50.15.xxx.xxx | 5.0263 |

    So your transaction hash (txid) is
    d245970a944cc7be832582f21622599a32218843523b8b5c8c c1d8be4baad052

    The coindaemon lists the transaction too:

    {
    "account" : "reserved",
    "address" : "RsGzUJY7KQNdbVLkvwnt6ZLUv8GX1ZP8HF",
    "category" : "send",
    "amount" : -4.97606961,
    "fee" : -0.50000000,
    "confirmations" : 0,
    "txid" :
    "d245970a944cc7be832582f21622599a32218843523b8b5c8 cc1d8be4baad052",
    "time" : 1394716353,
    "timereceived" : 1394716353
    },

    However, it seems like there's a new update available which needs a
    redonload of the whole blockchain:

    https://bitcointalk.org/index.php?to...491#msg5544491

    I'll work on the update and then you'll hopefully get your coins

    Thanks for letting me know,
    Second message
    Hi Steve,

    I'm sorry to tell you that the new wallet version is somehow broken. It
    does not update the balance correctly (always zero) and that's why I
    cannot send any coins.

    I've diabled the faucet until the devs will fix that issue.

    Again, I'm really sorry that I can't send you over your coins.
    Can anyone shed a little light on this? I am not wasting my time on an insecure wallet or coin.


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