wow ... 325exn -> 16600exn for a demonbuddy key now? ... not worth the electricity anymore ... /uninstalled
Buddy Bot Prices Raises 51x the amount overnight? Umm, i think an explanation is at least needed to raise the price of your bot FIFTY-ONE times higher overnight. Or maybe a heads up? What gives... ? 325.00 exn to 16,600 exn.. what? been mining for a week and now i cant even buy a single session?
It's my understanding that this is due to the exchange prices currently. This was always on the agenda to happen when EXN got listed on an exchange. Hopefully EXN will start to get traded more and prices for EXN rise.
Well Papa Doc, I completely agree with you, we got screwed. EXN has been an exchange for a whole 3 days, and he felt that the market was stable enough to price the bot accordingly with the whole 3000EXN that has been traded, probably also manipulated by a few good ol buddies to get it set in motion, just as the votes to get on C-Cex were paid for People who have been mining EXN since the beginning got screwed. It happened the way it was planned to happen, Simple as that. I'd like to cash out my EXN at the price that it was before I went to bed last night? Will it happen? Course not.
I'm not one who likes to whine. You just devalued your currency and it will never peak ever again. As the difficulty rises, it's harder to get coins, what you did is basically telling those who don't have dedicated miners to fuck off, because instead of taking 3-5 days to buy a key, it now takes 1 month. No one in their right mind would want to mine. So what do they do? They buy the key with real money, why mine a currency that has lost it's value. Basically on the exchange you let random 5-6 or even 1 person set the starting exchange, and then ran with it as a reasonable exchange, I don't know how that method of thinking is right. Why not just cancel the coins? oh wait you want long term, 2-3 years down the road. You want keys badly? Can't mine? Well back to the old drawing board, EXN coin lost value why mine it( and people leave mining, people don't want to start mining). Well gotta buy the keys with real money now. Basically we're told there is no hope in EXN and we'll see 2-3 years where this goes. I won't be around for that long, and new competition will pop up. Good luck. P.S. I don't care about raising the EXN, as long as it's reasonable. From a business perspective, jacking the price to over 50 times it's original shows; Greedy, and most of all, we have to deal with it or leave.
Probably people selling keys for $12 and using EXN to pay for them. That surely cant help devaluing the product by a massive %
Exn were 3 cents each last night, that was still over $1.80 for a trial at those prices and ~$10? for a lifetime demonbuddy bot. The only thing keeping the EXN prices high were the goods one could exchange them with; now that those goods have had their prices raised people will stop mining as it will be faster to mine another crypto like Doge and trade it for $ then buy a buddy key. Also, I think the exilebuddy 3 day free trial price has a typo, as it says a trial costs 4600 EXN instead of 600 EXN like the other trials.
Already abandoned buddy bots awhile ago in favor of other products, now leaving exilecoin as well. Do like me and my friends have already done. Just pull your machines, and save the 20mb of disc space, imo. It's currently more profitable to bot minesweeper.
So your telling me the biggest bot market in the world got taken down by one person turning a profit? That seems a little unstable. Lets do some math: If someone averages 500 hash. Most people cant even get this rate to begin with. And the difficulty is .60 like it is now (which is extremely low and will only go up) They will mine around 1,100 EXN per day. So in one month they will have about 33,000 EXN Power consumption for this mining is around $40-$60 So i have to run my Miner a month to save.. $20-$30 ? I get raising it.. but thats obserd.
It does not seem that my decision was not the best one, to bind the price to the c-cex exchange that early. I will turn that back, and wait for a date where the market is stable enough to ha
As Bossland said it was because it was bound to C-CEX. But if you think that's confined to just 1 person doing that your sorely mistaken On another note the difficulty wont ONLY go up in fact that 0.6 was all ready 1/2 the difficulty it was yesterday
I adjusted the prices now, instead of C-Cex ones, EXN is around 3 cents in our system. Once C-Cex or any other exchange has a stable base, we will still go back there.
doing the prize update made the prizes unstable and devalued it to a point i barely pays for the power bill
There is no price yet. The exchange has hardly had a chance for anyone to even notice the coin. It will take a little while.
Hence why you should advertise on the other sub forums on the site about Exn, how you can mine and get your own keys... seriously..I don't know any better way to get 100k subs to know about exn..
