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Topic: [AEON] Aeon Speculation - page 8. (Read 190161 times)

member
Activity: 346
Merit: 23
December 28, 2019, 02:08:04 PM
I reckon it is the maximum for that price. If all the 0.05 is bought, a new higher price will be listed.

Yes that makes sense. It prevents them to make loss because of lack of liquidity on exchanges.   Main point of it is that you can now spend AEON at any merchant that sells fro Bitcoin if your product is under $350. Smiley

First one needs some Aeon to spend...
legendary
Activity: 2730
Merit: 1288
December 22, 2019, 06:14:22 PM
I reckon it is the maximum for that price. If all the 0.05 is bought, a new higher price will be listed.

Yes that makes sense. It prevents them to make loss because of lack of liquidity on exchanges.   Main point of it is that you can now spend AEON at any merchant that sells fro Bitcoin if your product is under $350. Smiley
legendary
Activity: 3010
Merit: 1460
December 21, 2019, 09:19:49 PM
@Febo. I reckon it is the maximum for that price. If all the 0.05 is bought, a new higher price will be listed.

Also, $350 is not that big per price limit. The price can be pumped instantly.
legendary
Activity: 2730
Merit: 1288
December 21, 2019, 02:12:59 PM
@Febo. Is aeon.to owned by the same people who operate xmr.to?

In any case, the small maximum transaction allowed on the site on a certain price is showing my argument for me.

Yes it is. That is strange I was wondering the other day. Is 0.05 btc really maximum. OR is just up to 0.05 btc an instant send without single confirmation.   0.05 btc is $350, what is not that small. It allows you to buy a lot of things with AEON. Also if you want to use it as an exchange then you just send few times. AEON fees are not that high so it dont really matter.
legendary
Activity: 3010
Merit: 1460
December 20, 2019, 09:47:08 PM
@Febo. Is aeon.to owned by the same people who operate xmr.to?

In any case, the small maximum transaction allowed on the site on a certain price is showing my argument for me.
legendary
Activity: 2730
Merit: 1288
December 12, 2019, 02:53:38 PM
Also, if delisted from Bittrex, how can we sell? The other exchanges' liquidity are closer to nonexistent hehehe.

You can always sell your AEON on https://aeon.to/   You of course cant buy them there. They are to afraid of tainted Bitcoins to selling AEON for them.
legendary
Activity: 3010
Merit: 1460
November 29, 2019, 09:54:12 PM
@sammy007. It is easier to recover only because the liquidity and volume are very low. In low liquidity cryptocoins similar to Aeon, holding more than what the coin's liquidity can catch is also a risk.

Also, if delisted from Bittrex, how can we sell? The other exchanges' liquidity are closer to nonexistent hehehe.
legendary
Activity: 1904
Merit: 1003
November 23, 2019, 05:50:05 PM
@sammy007. The risk of investing in Aeon is very high because it is very illiquid. It should be listed to more big exchanges. This is not fud, this is honesty.


I mean from ashes it's easier to recover if your cap is $3,000,000 than $900,000,000.
legendary
Activity: 3010
Merit: 1460
November 14, 2019, 10:31:32 PM
@sammy007. The risk of investing in Aeon is very high because it is very illiquid. It should be listed to more big exchanges. This is not fud, this is honesty.

@estenity. Bitcoin was pumped similar to an altcoin. It was only dumped similar to an altcoin also. Anyone can speculate on the many different reasons for it, however, the dump after the pump will always occur.
member
Activity: 402
Merit: 45
hero member
Activity: 1923
Merit: 538
November 11, 2019, 11:05:08 AM
US shorted BTC as soon as futures market opened (end of 2017, early 2018), and bankers have an important role in bear market, because they fear a loss for their biz :

https://www.coindesk.com/trump-administration-popped-2017-bitcoin-bubble-ex-cftc-chair-says

conversely blockchain use is greatly expanding nowadays and becomes politics: see san francisco blockchain congress this fall 2019

https://www.youtube.com/watch?v=ouc4muRyYPE&feature=youtu.be

youtu.be/ouc4muRyYPE

so altcoins must decouple from btc probable manipulation.
legendary
Activity: 1904
Merit: 1003
November 10, 2019, 01:40:54 AM
Aeon is better investment than Monero

Coins share almost the same roadmap, the latter is 284 times cheaper than the former. Obviously monero is not coming to coinbase, gemini and other regulated exchanges with the biggest risk of losing poloniex and bittrex due to big regulatory cloud. There is no other exchanges for Monero except a money laundering device called bisq and some chinese garbage bucket shops with fake volume ready to screw you over with some retarded KYC shit any minute. The risk of investing in Aeon is low, because it's extremely cheap and even delisting from Bittrex will not affect its price hard, Monero can lose 90% of its price in case that happens. The upside potential is also bigger in Aeon, Monero need a lot of new stupid money to pour into it in order to recover from current price to ATH for instance. There is more chances to make conditional 10x on Aeon than on Monero.
member
Activity: 346
Merit: 23
November 07, 2019, 07:12:44 AM
@americanpegasus. If you really lost everything, if you are really driving Uber to have money, Aeon is here waiting only under $0.25 for you and waiting for your famous speech hehehe.

It’s really a sad story.

And yes Aeon is very cheap to buy right now.
legendary
Activity: 3010
Merit: 1460
November 01, 2019, 08:18:50 PM
@americanpegasus. If you really lost everything, if you are really driving Uber to have money, Aeon is here waiting only under $0.25 for you and waiting for your famous speech hehehe.
full member
Activity: 1708
Merit: 105
October 24, 2019, 11:40:37 AM
@stoffu. How is everyone on /r/Aeon taking the new asic friendly Aeon? Is this why we are dumped under $0.25? Are some of them selling and leaving hehe?

Some like it, others don't. Those may have sold their coins and left, but this is all speculation.


Speculation in crypto is common as well as many people will do analysis to make sales and purchases. Aeon is actually quite good movement and I agree that many are selling so at this time the price is somewhat starting to decline but it is certain to move back at a pretty good price, it never hurts to buy when prices are down.
legendary
Activity: 1904
Merit: 1003
October 24, 2019, 10:31:23 AM
At current price the monthly emission of AEON is equal to ~1.3 BTC. ~15 BTC annual.

Are you sure?  Considering this sheet: https://docs.google.com/spreadsheets/d/13AjSZJcYd5UoMCBRj3-9XliUhPUkagEjF_NzXsDmLgQ/edit#gid=0

At 15.831.459 AEON supply we should have 3589 AEON mined daily. That is 0.09 btc or 2.7 btc a month.  Yearly emission inflation is 8.27%

Is that spreadsheet inaccurate?

I used block reward (4.85) from one of pools, 4 minute block time and current price.
legendary
Activity: 2730
Merit: 1288
October 24, 2019, 10:29:48 AM
At current price the monthly emission of AEON is equal to ~1.3 BTC. ~15 BTC annual.

Are you sure?  Considering this sheet: https://docs.google.com/spreadsheets/d/13AjSZJcYd5UoMCBRj3-9XliUhPUkagEjF_NzXsDmLgQ/edit#gid=0

At 15.831.459 AEON supply we should have 3589 AEON mined daily. That is 0.09 btc or 2.7 btc a month.  Yearly emission inflation is 8.27%

Is that spreadsheet inaccurate?
legendary
Activity: 1904
Merit: 1003
October 24, 2019, 07:23:13 AM
At current price the monthly emission of AEON is equal to ~1.3 BTC. ~15 BTC annual.
legendary
Activity: 3010
Merit: 1460
October 18, 2019, 10:15:56 PM
Supporting (holding) a coin that goes in a direction that you think is wrong is just stupid, so I'm kindly advising you not to do so (but you're free to ignore my advice). Also, I find it useless or borderline trolling to stir up the ASIC debate here since it's already decided after intense discussions. It's like criticizing Zcash's trusted setup in their forum.

Open sourced projects are constantly criticized and improved on... that’s the point of open source projects... and how exactly am I trolling??

I like AEON because it’s a cryptonote coin that has close ties to monero and I view it as a hedge to Monero.

And people come to /r/Monero or on the monero threads here and criticize certain aspects all the time, only to be not censored and debated.


I don't think it's stupid to doubt your own wisdom and hedge accordingly. Personally I don't think monero made the right decision with respect to randomx v. sha3, but I didn't dump my monero. There's other factors to consider, such as community, liquidity, history, etc, besides the fact that I may just be flat out wrong.

There were more decisions that Monero made that appeared to be in a hurry to have things work and done without foreseeing the longterm effects. A heavier blockchain because of RingCT was one of them.

@stoffu. It is not trolling. Some users take more time to accept. However, I support the Monero development team if they want to be the experimental coin for Asic resistance.
full member
Activity: 203
Merit: 166
October 18, 2019, 11:59:19 AM
Supporting (holding) a coin that goes in a direction that you think is wrong is just stupid, so I'm kindly advising you not to do so (but you're free to ignore my advice). Also, I find it useless or borderline trolling to stir up the ASIC debate here since it's already decided after intense discussions. It's like criticizing Zcash's trusted setup in their forum.

Open sourced projects are constantly criticized and improved on... that’s the point of open source projects... and how exactly am I trolling??

I like AEON because it’s a cryptonote coin that has close ties to monero and I view it as a hedge to Monero.

And people come to /r/Monero or on the monero threads here and criticize certain aspects all the time, only to be not censored and debated.


Your appearing to be trolling is just how I see it. I expressed my criticisms and doubts about ASIC resistance in intense debates previously (https://github.com/monero-project/meta/issues/316 & https://github.com/monero-project/meta/issues/321) which were dismissed by the majority in the end. As such I will never voice my opinion about ASIC resistance again in any Monero channels because I know it's no use and is mostly equivalent to trolling. Expressing your criticism against ASIC friendliness here seems useless to me for the same reason.

There are certain critical aspects in cryptocurrencies that are very unlikely to change until facing existential crisis (e.g. Bitcoin's capped supply, Monero's ASIC resistance, Zcash's trusted setup). Bringing those critical points to debate in their discussion channels seems largely useless to me; the right approach IMO would be to start a new coin (or lead an existing coin) and proceed in the direction you believe is right.
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