Lookin’ like Safex commin’ in hot right now.
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How long does it take to send SFT? I sent part of my coins 2 hrs ago and still pending on Livecoin.
As I remember, sending previous SafeExchangeCoins took minutes from wallet to Exchange.
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It takes 500 block confirmations to deposit on CoinDeal/LiveCoin.
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Why is this blockchain so slow?
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The blockchain is not slow but the total hashrate is not as big yet as more adopted coins. The lower the hashrate of a PoW currency, the more time/blocks of confirmation are needed to avoid 51%attacks /double spending. Theoretically, an exchange could also allow 3 blocks (6minutes total work) confirmation but this would be not advisable at this stage. The more the coin is adopted and the higher the total hashrate of the PoW currency is, the faster the confirmation time of exchange deposits/withdrawals will become because it becomes harder to get 51% of the hashrate and double spend.
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As Ollie said. These are just precautionary measures for a new blockchain. As our overall network hashrate increases then they’ll most likely revise and review the confirmations required.
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I wonder which of te coins (either sft or sfx) is better for speculation? Which has higher potential to be pumped to the moon? After migration people have a lot of sft and little sfx, so i’m thinking about selling sft and buying sfx
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I’d be selling something I have less confidence in like zcash and just buying more of both.
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You never know 100%, but I would guess that short term (within this year) SFX should be stronger, so for trading it might be better. If (and I hope it will) the marketplace dosn’t have any delays anymore and will be start selling around November SFX should be sky rocking…
But at the beginning dividends will still be very low, therefore SFT might be less rising at the beginning…
Long term I guess SFT will rise stronger since it’s already completely supplied while SFX is meant to be more stable and therefore has rising mining rewards in the beginning…
But at the end I guess it dosn’t matter, you’ll be on the wining team with either coin 
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as a trader, selling sft position at these prices is suicidal imo… not even for sfx; although I agree that the sfx marketcap has some catching up to do if in relation to sft.
Though from my perspective I wouldnt be selling sft to trade into sfx id sell my bitcoins or something and just have a stronger position in safex.
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Ooohhh,let’s go shopping
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I’m fully loaded with SFT at levels around 400 satoshi and i don’t want to spend more money into cryptocurrencies so i’m thinking of maximizing potential profit. Maybe half of sft change into sfx might be a good idea
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That’s a plan. I think I’ll just hang on to my sft tokens, more potential long term. Imo
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SFT now fully updated on CMC:
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SFT/BTC weekly chart on xcalibra:
20 sat area tested the third time + (near) oversold RSI
idea: ranging in 20-30 sat area until next move upwards
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Just to refresh the exchange information for SFT…
Current exchanges listing SFT are:
- Xcalibra (Pairings: BTC, SFX, RSD)
- Coindeal (BTC)
- Livecoin (BTC, USDT, ETH)
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I was able to pick up a bunch more SFT because of that, with mixed emotions though. What a roller coaster ride this price is taking me on, my house payment is currently my second priority.
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Over the past 9 months there have been bounce opportunities of many multiples between the 15-20 sats range and up to the 50-70 sats range.
This is likely where there have been purchases at those ranges or a bit higher up hence much activity occurring at these price levels.
Right now the price is at 15 sats range historically looks good for accumulation. You can scroll through this thread and see the price history what kind of volumes and at which prices people are positioned at.
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