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    Sorasuk05536003

    @Sorasuk05536003

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    Best posts made by Sorasuk05536003

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    Latest posts made by Sorasuk05536003

    • RE: [ANN] AR/USDT Eligible for Trading as Mining and 3X MM Mining Rewards for One Week

      Krystal said:

      Dear Users,

      Trading pair AR/USDT will soon be enabled with Trading and MM as mining, starting 15:00 (UTC+8) on Oct 13.

      A week of special event to receive 3X market-making as mining rewards for trading pair AR/USDT will also start from 15:00 (UTC+8) Oct 13 and last through 15:00 (UTC+8) Oct 20.

      About Arweave

      Arweave is a new type of storage that backs data with sustainable and perpetual endowments, allowing users and developers to truly store data forever.

      Mining Range
      8b6dc25b-440c-4431-9a4a-d91936b36ca1-image.png
      Note:

      The ratio of VX rewards from buys versus sells is capped. When the ratio hits the cap, if one continues to place buy orders, their VX rewards will NOT be increased.

      The ratio of VX rewards from sells versus buys is also capped. When the ratio hits the cap, if one continues to place sell orders, their VX rewards will NOT be increased.

      Example
      Suppose that the USDT market has only HNS/USDT trading pair and all orders are placed for 24 hours, a total of 250 VX will be allocated as mining rewards. Consider five scenarios as follows:6a9cdbb0-78c1-45b8-b923-399457f14d63-image.png
      The mining calculation is conducted as follows:

      The Base Number of 1 user on one market in a day = the sum of all Base Numbers of every single order of that market. Here, the Base Number (m) is subject to three factors: the order time (T), the order amount (A), and the mining coefficient (y). That is, m = T * A * y (T ≥ 300 seconds)

      The sum of the Base Number on one market in a day = the sum of the Base Numbers of all eligible orders on that day. That is, M = m1+ m2 + m3 + .....mn

      Mined VX of 1 user = m / M * 2.5% * VX daily released amount on that day

      Links:

      ViteX website:https://vitex.net/

      Vite APP Download:https://app.vite.net/

      Twitter:https : //twitter.com/ViteXExchange

      Telegram:https : //t.me/vitexexchange

      Oct 12, 2020

      Team ViteX

      posted in Announcement
      Sorasuk05536003
      Sorasuk05536003
    • RE: [Ann]: Trading Pair TRTL/ETH Eligible for 5X MM as Mining Rewards

      @christea said in [Ann]: Trading Pair TRTL/ETH Eligible for 5X MM as Mining Rewards:

      Dear ViteX users:

      Trading Pair TRTL/ETH will be enabled with market-making as mining starting 15:00 HKT (UTC+8), January 9.

      A special mining event of receiving 5X MM VX rewards on TRTL/ETH trading pair will go live at 15:00 HKT on January 9th, and ends at 15:00 HKT on January 16.

      Mining range for TRTL/ETH trading pair
      Screen Shot 2020-01-08 at 16.40.15.png

      Note:
      The ratio of VX rewards from buys versus sells is capped. When the ratio hits the cap, if one continues to place buy orders, their VX rewards will NOT be increased.
      The ratio of VX rewards from sells versus buys is also capped. When the ratio hits the cap, if one continues to place sell orders, their VX rewards will NOT be increased.

      Example›
      Suppose that the ETH market has only TRTL/ETH trading pair and all orders are placed for 24 hours, a total of 250 VX will be allocated as mining rewards. Consider five scenarios as follows:
      Screen Shot 2020-01-08 at 16.39.31.png

      The mining calculation is conducted as follows:

      The Base Number of 1 user on one market in a day = the sum of all Base Numbers of every single order of that market. Here, the Base Number (m) is subject to three factors: the order time (T), the order amount (A), and the mining coefficient (y). That is, m = T * A * y (T ≥ 300 seconds)

      The sum of the Base Number on one market in a day = the sum of the Base Numbers of all eligible orders on that day. That is, M = m1+ m2 + m3 + .....mn

      Mined VX of 1 user = m / M * 2.5% * VX daily released amount on that day

      January 8, 2020
      Team ViteX

      posted in Announcement
      Sorasuk05536003
      Sorasuk05536003
    • RE: Two things You Need to Know about Quota

      @Lola said in Two things You Need to Know about Quota:

      Limit

      posted in Announcement
      Sorasuk05536003
      Sorasuk05536003
    • RE: Bitcoin (BTC) Runs Into Resistance At 61.8% Fib Retracement Level, Price Yet To Crash

      @cryptolove said in Bitcoin (BTC) Runs Into Resistance At 61.8% Fib Retracement Level, Price Yet To Crash:

      8d15a19f-b4f5-407f-b284-93e513bee212-image.png

      Bitcoin (BTC) declined sharply towards the end of the day yesterday. A lot of traders were quick to enter bearish positions but the market makers ended up giving them a run for their money. The upcoming crash is going to be very aggressive and market makers do not want retail traders riding BTC/USD all the way down to $7,200 or lower levels. It is thus not surprising to see that the price ended up running into the 61.8% fib retracement level once more. At the time of writing, the price has faced a minor rejection at this level but it is still possible for the price to rise above this level once again. It is easy to long the market but shorting the market is no small feat especially in the face of such bullish optimism.

      So, many of the retail bears have their stops close to very obvious levels because they want to minimize their downside and the market makers understand their psyche. This leads to a stop hunt around such levels and we see the price rising above it only to do what it is expected to do afterwards. We have more clarity after yesterday’s bearish close that the market is not ready for further upside. In fact, we are very close to the beginning of a new bear trend that is going to take the market by surprise. The reason I say it is going to take the market by surprise is because very few people are actually prepared for it. The Longs to Shorts ratio is still at 73.5% to 24.5% in favor of the bulls. This is quite a big gap which tells us how bullish the majority of traders are at the moment.

      f9fb4626-61a2-4bff-a9ec-ef652153c7d7-image.png

      The fib circle seen on the daily chart is now very close to be broken to the downside. In one of our analyses we discussed the probability that this circle might have already broken but if that were the case then we would have seen a big crash by now which is why I think we might not have broken this circle just yet. Furthermore, the way this circle is drawn covers more points making it more credible. We have already seen BTC/USD form three tops and now it is only a matter of time before it crashes from here.

      The price will face some hindrance at the 21 day EMA and the 50 day EMA as it declines but if it is to crash below the fib circle then that crash might be far more powerful to be stopped by these two EMAs. We might see the 200 day EMA serve as temporary support though but eventually the price has to decline to the 61.8% fib extension from the beginning of the parabolic advance which comes down to around $7,200. RSI on the daily time frame shows that there is plenty of room for further downside and the next few months might see the market experience a lot of pain.

      @cryptolove said in Bitcoin (BTC) Runs Into Resistance At 61.8% Fib Retracement Level, Price Yet To Crash:

      8d15a19f-b4f5-407f-b284-93e513bee212-image.png

      Bitcoin (BTC) declined sharply towards the end of the day yesterday. A lot of traders were quick to enter bearish positions but the market makers ended up giving them a run for their money. The upcoming crash is going to be very aggressive and market makers do not want retail traders riding BTC/USD all the way down to $7,200 or lower levels. It is thus not surprising to see that the price ended up running into the 61.8% fib retracement level once more. At the time of writing, the price has faced a minor rejection at this level but it is still possible for the price to rise above this level once again. It is easy to long the market but shorting the market is no small feat especially in the face of such bullish optimism.

      So, many of the retail bears have their stops close to very obvious levels because they want to minimize their downside and the market makers understand their psyche. This leads to a stop hunt around such levels and we see the price rising above it only to do what it is expected to do afterwards. We have more clarity after yesterday’s bearish close that the market is not ready for further upside. In fact, we are very close to the beginning of a new bear trend that is going to take the market by surprise. The reason I say it is going to take the market by surprise is because very few people are actually prepared for it. The Longs to Shorts ratio is still at 73.5% to 24.5% in favor of the bulls. This is quite a big gap which tells us how bullish the majority of traders are at the moment.

      f9fb4626-61a2-4bff-a9ec-ef652153c7d7-image.png

      The fib circle seen on the daily chart is now very close to be broken to the downside. In one of our analyses we discussed the probability that this circle might have already broken but if that were the case then we would have seen a big crash by now which is why I think we might not have broken this circle just yet. Furthermore, the way this circle is drawn covers more points making it more credible. We have already seen BTC/USD form three tops and now it is only a matter of time before it crashes from here.

      The price will face some hindrance at the 21 day EMA and the 50 day EMA as it declines but if it is to crash below the fib circle then that crash might be far more powerful to be stopped by these two EMAs. We might see the 200 day EMA serve as temporary support though but eventually the price has to decline to the 61.8% fib extension from the beginning of the parabolic advance which comes down to around $7,200. RSI on the daily time frame shows that there is plenty of room for further downside and the next few months might see the market experience a lot of pain.

      posted in Crypto News
      Sorasuk05536003
      Sorasuk05536003