Its as valid a theory as any…
Do you see any major problem with the scenario I posited earlier?
Its as valid a theory as any…
Do you see any major problem with the scenario I posited earlier?
its possible in theory but I don’t think its the most simple solution. Add more moving parts and there are more ways it could not be what actually happened.
You had just said you sold close to the peak then rebought…
Now your saying you bought in late.
Maybe I’ve had to much vodka today but you’ve sure confused me.
And no, that does not help.
Does not show how many individual buys pushed the price up with how many maid purchases, or how many maid sold in how many sells to bring the price back down.
I initially sold too early - bought in again soon after, sold fairly close to the first peak and bought in again… Then on the second peak I again was lucky to sell near the peak. If anything I bought back in too early as it still had a fair bit to fall.
As for the graph I forgot to add the caption. It was merely to give you a hint to get the settings for seeing the shape of the action in detail. If you want all the various buys then you’ll need to trawl through the order history. Not difficult, just a PITA.
I tried, not logged in, but it only went back 5 pages that did not cover that period.
That’s the only true way to make a more informed idea of what truly happened though.
Maybe @andypants is correct, it was an idiot with more BTC than sense. Either way I’m not complaining.
That’s my general guess, but we will never really know.
Edit. Who’d have thought we would ever be in agreement about andy being correct. Strange times indeed.
Sorry andy…
There are plenty of us idiots out there. Believe me
I just try to play devils advocate and make sure we have analyzed even the most far out positions, in this case its that something incredibly simple happened and people got the zoomies with all the money flying around.
I have never used this, I am still on the fence if it is worth trying.
I see this quote on their blog post:
“Omni Core 0.8.0+ users can use the new feature as soon as it is available and Omni Wallet users not in restricted jurisdictions will have access shortly thereafter”
So, it sounds like no restrictions on Omni Core, just the website.
Thanks, but I looked, and the U.S. is restricted there, too.
if I understand it correctly, you have to download the entire bit coin chain to use omnicore, though, right?
Yes, although I don’t see that as a big deal. It would seem more problematic to me that trading is through command line. It also looked like all orders require an on chain (Bitcoin) transaction, although that wasn’t entirely clear from their tutorial.
Edit - to clarify, Omni Core is a Bitcoin Core wallet modified to support the Omni protocol (ie. Omni Core downloads the Bitcoin blockchain)
I’m reasonably handy with stuff, and I’d be scared to use a command line DEX for any real value.
IIRC, on-chain OMNI transactions require an on-chain BTC transaction. Omni assets are fundamentally metadata on the bitcoin blockchain, secure yes, easy to use, no. They do require the BTC blockchain to see the metadata that validates their asset transactions. I don’t know, but if this is a requirement for their DEX, don’t bother.
Maybe it has already been said somewhere here in this forum, but is Maidsafe invested in BTC with its funds? Is this somewhere written how Maidsafe diversifies its funds?
The short answer is likely yes, but MaidSafe for valid reasons doesn’t share specifics. See below.
Thanks for your answer! Will take a look