Cruzbit: A simple decentralized peer-to-peer ledger implementation

you see that bot making the minimum amount of sells every time to paint the charts red? it means someone is still accumulating and wants to create bearish sentiment

btw, can somebdoy shill me the importance of a minimalist code base?
what do these features mean for development on top of it?

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short answer: lowers the barrier of adoption and allows for more freedom to experiment with top layer applications.

For a longer answer, see: medium.com/@asdvxgxasjab/cruzbit-a-simple-decentralized-peer-to-peer-ledger-2944495b6129

"I designed cruzbit to function as a store of value and a transaction base layer. I think it makes sense for any base layer to be as simple and basic as possible. This is what I have tried to achieve. I have no political nor ideological motivations and I am only interested in trying to provide such a base layer. I believe bitcoin currently is this base layer but I believe it has its quirks and short-comings which I hope I’m addressing. It’s possible I’m not and this attempt is misguided but I think there is only one way to find out. I’ll let the market decide."

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you might wanna join the discord at look at jstnryan's messages. he explains further.

qtrade.io/market/CRUZ_BTC

this?

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quit shilling this, goys

We share among friends, user

you don't have to buy everything you see here

Half of the qtrade coins are based as fuck but biz will continue sleeping on them until they land on a better exchange. I wish qtrade got more respect/liquidity

Hell yeah. Great exchange, but for the volume. But it'll pick up.

I own cruz myself but it does seem like there is some whale manipulation going on with the price today... seems like someone is propping up price to dump soon so would be careful about buying into this pump

Very long term hold

Just a thin spread. Volume is still very low. I've had a small buy order for weeks, but no-one is selling at these price levels. Miners are holding and there's 'only' 350K up till 2000 sat.

I've got a make it stack (20k). Huge potential on a longer timeline.

if you had it for weeks then you put it too low. I think miner profitability is around 150 and it went there a few times in the past weeks

Also pretty sure price is going to keep coming back to 150 as long as this is the miner profitability level. I think accumulate but there is not hurry. No major announcements coming up, not much development being done. It's going to go up but it needs to go through halving, whales hold too much currently. Price won't sustain much above the profitability level for a while so put your orders around 140-150 and be patient.

You're right, but no-one is mining this to sell at break even or small profits. There's been some high 100s low 1000s sells below 200sat, but larger positions don't get filled. OTC on discord had some wtb that were ignored.

I have done some swing trading by selling upward movements and buying back below 200 a couple of times, and I could have done it again on the last downward movement to 140 sats but I didn't know what was going to happen when hash rate was gone - hindsight I shouldve just bought of course but miner profitability was around 50 sats for a while

pretty sure those wtbs were fake btw

Is it worth it to mine?

I'm told that mining with a spare laptop is not worth it but if you have experience it sure is worth to mine right now