As CZ says: good tech wins
I think safex is good tech too
maybe meeting with CZ…
I’m watching mccafee new debit card. Interesting tech. Is such a card in the thinking of our exchange ?
Our first stable exchange: triple top at ~250 sats
algo changed up to horizontal mining,
does it break?
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SFX/BTC weekly chart on xcalibra:
50-60 sat area tested the fourth time + (near) oversold RSI
idea: ranging in 50-60 sat area until next move upwards
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Just to refresh the exchange info for SFX…
SFX is currently listed on the following exchanges:
- Xcalibra (Pairings: BTC, SFT, RSD)
- Coindeal (BTC)
- Livecoin (BTC, USDT, ETH)
- Shortex (BTC, USDC)
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SFX mentioned in altcoinbuzz.io 's top 8 micro cap gems citing the marketplace protocol completion and gui release as part of why SFX is worth considering.
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Since every 2 minutes 130 sfx are produced via mining, you can see that clearly some miner is offloading sfx on autopilot via xcalibra.
amounts are around 130 sfx plus some which is likely from transaction fees and the duration apart looks like when the block production is made.
So clearly, there is some % of liquidation by a big miner make a limit order at the highest bid sufficient for accumulating sfx.
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maybe by the pool miners
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SFX/BTC weekly:
ranging in 50 - 60 sat area has been taking place, RSI still in the lows
high volatility: low of 51 sat and high of 125 sat was reached
idea: bottom of 50 - 60 sat area will hold, next up move incoming
50 sat bottom line on the weekly:
order book:
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SFX/BTC weekly at xcalibra:
as suggested, 50 sat support has held and move up taken place
an increase of the total network hashrate increased the cost of mining and adds to the support of a higher price level
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Safex Cash snapshot since Coinmarketcap.com started tracking SFX since around exactly 1 year ago. (November 5th, 2019, remember remember)
Since then, we have xcalibra.com price fully tracking on coinmarketcap (April 2020).
You can start to see volume in April 2020, with a small price rise edging towards $1m marketcap
Through May, the launch of SFXOS, got more people mining, hashrate went up, caught attention of larger miners, more distributed coin supply as a result, price stayed constant.
My read on the situation now, is interest in the launch post finish off of the Safex Marketplace, mining continues to increase.
evident in the hashrate chart @cryptooli posted previously.
some history and milestone connections how I see it
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Although a new exchange on the market, it is also a new exchange for Safex Cash. This comes unsolicited, yet it seems that based on the website text it is an exchange for proof of work coins.
Posting this here, to see how things progress onward, as a documentary of the first spontaneously generated exchange listing for Safex
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the first of the very many that will organically add us
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Just to refresh the exchange info for SFX…
SFX is currently listed on the following exchanges:
- Xcalibra (Pairings: BTC, SFT, RSD)
- Livecoin (BTC, USDT, ETH)
- KuangEx (USDT)
- Shortex ??? (Was BTC, USDC) [unable to login: 21 Nov 2020]
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SFX / BTC weekly at xcalibra:
Volume steadily increasing, price establishing > 100 sat ( 0.02 USD)
New listing: SFX / USDT on BW exchange (BW.com):
Trading opened at 0.02 USD - currently at 0.037 USD. SFX were distributed to program participants, SFX deposits and withdrawals are not opened yet.
After opening of deposits and withdrawals, SFX can be expected to find a new price level on all available exchanges. With more listings incoming, we have exciting days and weeks ahead.
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We were well on our way to being a part of everything, the trademark case took 3 years to resolve. Happy to share dialogue with others, where we would be by now… but we are recovering and onto the glory I was sowing all this time.
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I think that a couple of unique and interesting items on a marketplace could pretty quickly boost the demand for SFX, and subsequently it’s price. It all started around 5 cents. Maybe we see that price back, shortly after V2 is getting used.
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I think that the worldwide are looking forward to two things, based on my feedback that I personally have seen:
- A consistent offering of products, which we had, but lost due to the cancelling of the TWM company fundraise, and Aharon disappearing.
- What about the future plans, with the out of my control issues, I couldn’t focus on the gigabrain next software developments of the Safex Blockchain.
With the time behind me, I am not taking these kinds of totally out of my control risks, and that’s manageable by refusing to take on partners of any kind internally. Externally if someone wants to do something, go ahead but I’m not relying and not attaching reliance, if you put it forward, own it and do it. And further, if I focus solely on open source things that can’t be taken back or reclaimed by anyone.
These two elements will keep my efforts working at maximum output, how I got all of this assembled in the first place.
Increased Mining will also help, right now it is very few miners compared to where we were at, yet it is growing substantially. We are at around 3-4 MH when we were as low as 1 MH, good for the die hards but overall it will be more fun if everyone gets to play too. So let’s invigorate the miners too!
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