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oliveforever

newbie

Activity: 14

Merit: 0

Quote from: smooth on September 23, 2014, 07:44:02 AM

Quote from: Este Nuno on September 23, 2014, 07:32:55 AM

I do remember rpietila specifically recommending some fairly conservative ratios with regard to speculations in XMR vs holdings in BTC. So many of these people who have seemingly gone 'all in' have done so against the advice of people they're supposed to be following.

True, I remember that. I think the number was something like 40/1 but I might be mistaken. It was definitely a recommendation to keep your XMR exposure limited relative to BTC and also I think to keep your BTC exposure limited as well.

It is funny how people cherry pick the quotes they want to make a point and ignore others.

Quote

I expect that things will calm down with regard to Monero rhetoric after all that has happened in the last month. The amount of drama has been unparalleled and spawned zealotry on both sides.

I hope you are right!

Quote

People should always remember that many of the people they follow are already wealthy individuals who can afford to lose. Just because they speculate on something doesn't mean that you should too. Everyone needs to be in control of their own personal financial situation and take some responsibility.

Well said, especially the part about other people you may follow being wealthy and not to be copied by others in a very different position.

Nice post!

The fact is risto made a colossal fuck up in predicting 1 Million USD BTC price within 2014 to his followers before he was involuntarily detained in pyschiatric facility in finland. (He sold before the peak)

Now he is again in his manic phase- he predicts XMR will go up a thousand times. Surely he will be back in padded cell again soon, not before dumping his load all on unexpecting noobs

TheFascistMind

newbie

Activity: 42

Merit: 0

The best investments are the ones nobody tells you about.

So remember if ever you invest in something based on a sales pitch, always average in over a long period of time. Never rush.

If you have independently discovered an investment, that is often indicative that you are knowledgeable enough to decide whether to rush.

XMR and BBR are less than $3 million market caps. Bitcoin reached as high as $10 billion, and that wasn't any where near the potential of electronic money.

Which ever coin can get us to that potential, jump on board and ride. No need to bicker.

Let's keep working to help each other to figure out which technology and coin will do it. Marrying our investments, anointing, cheerleading, and turf battles won't make it so.

Time is scarce so those with programming skills, we will have to refrain from always talking.

P.S. CN devs and investors are understandably excited about the technology and the potential. We need to see how this all plays out. Nobody has a crystal ball on picking the winning details of crypto-currency. It is complex.

CryptoCarmen

member

Activity: 84

Merit: 10

★Bitin.io★ - Instant Exchange

Quote from: Oscilson on September 23, 2014, 07:15:36 AM

Quote from: ?? on ??

1 Monero will be worth 1000 USD by the end of 2015. You heard it first here Grin

No way! It could be between 2-20.

16 months is long time. i would predict at end of 2015 for Monero to be 0.015btc.
5 times raise from todays seems nice.

infested999

hero member

Activity: 854

Merit: 500

1. Short XMR
2. Spread FUD
3. Huh

4. PROFIT!

It's like Bitcoin in 2012 all over again.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: Este Nuno on September 23, 2014, 07:32:55 AM

I do remember rpietila specifically recommending some fairly conservative ratios with regard to speculations in XMR vs holdings in BTC. So many of these people who have seemingly gone 'all in' have done so against the advice of people they're supposed to be following.

True, I remember that. I think the number was something like 40/1 but I might be mistaken. It was definitely a recommendation to keep your XMR exposure limited relative to BTC and also I think to keep your BTC exposure limited as well.

It is funny how people cherry pick the quotes they want to make a point and ignore others.

Quote

I expect that things will calm down with regard to Monero rhetoric after all that has happened in the last month. The amount of drama has been unparalleled and spawned zealotry on both sides.

I hope you are right!

Quote

People should always remember that many of the people they follow are already wealthy individuals who can afford to lose. Just because they speculate on something doesn't mean that you should too. Everyone needs to be in control of their own personal financial situation and take some responsibility.

Well said, especially the part about other people you may follow being wealthy and not to be copied by others in a very different position.

Nice post!

Este Nuno

legendary

Activity: 826

Merit: 1000

amarha

Quote from: ?? on ??

Quote from: Este Nuno on September 23, 2014, 07:32:55 AM

Quote from: oliveforever on September 23, 2014, 07:01:21 AM

Quote from: TheFascistMind on September 23, 2014, 06:54:10 AM

Quote from: oliveforever on September 23, 2014, 06:43:57 AM

Market manipulation and stock fraud are also crimes.

I hope we can create an anonymous world where they are not provable crimes.

Humans are always competing in any way they can. This is nature. Nature is not a crime. It just is.

I am suffering from some stupid decisions in life that put me in situations of higher risk and thus now am blind in one eye, have an (supposedly incurable) infection which usually results in head and throat cancer and automunity. I have symptoms that is underway. So nature has been tough of me, but I accept nature. I prefer my freedom (to destroy myself), than a guarantee hell of collective insurance.

Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.

Benjamin Franklin, Historical Review of Pennsylvania, 1759
US author, diplomat, inventor, physicist, politician, & printer (1706 - 1790)

I'm sorry but I listened to him and invested into Bitcoins and lost large sums of money. (It was my own choice to invest, acknowledged)
I now have followed his second pump, I entered at the wrong time . He announced it was going up and I'm at a big loss again.
Again it was my own choice, I am responsible but beware listening to his insane price predictions because it's evidenced he will pull the tablecloth from underneath you.

Yes, many people on this forum seem to have blindly followed the rhetoric from aminorex and rpietila over the last few months. I hope no one has really invested more than they can lose, but the passion that's being displayed by many Monero supporters makes me wonder to be honest.

I do remember rpietila specifically recommending some fairly conservative ratios with regard to speculations in XMR vs holdings in BTC. So many of these people who have seemingly gone 'all in' have done so against the advice of people they're supposed to be following.

I expect that things will calm down with regard to Monero rhetoric after all that has happened in the last month. The amount of drama has been unparalleled and spawned zealotry on both sides.

People should always remember that many of the people they follow are already wealthy individuals who can afford to lose. Just because they speculate on something doesn't mean that you should too. Everyone needs to be in control of their own personal financial situation and take some responsibility.

please scare me more, I still cant bother to sell even 1 Monero Sad

I find it odd that you would read that post as an attempt to scare.

Especially as my prediction is that things will calm down in the near future and go back to normal.

Este Nuno

legendary

Activity: 826

Merit: 1000

amarha

Quote from: oliveforever on September 23, 2014, 07:10:26 AM

Quote from: smooth on September 23, 2014, 07:02:26 AM

Quote from: oliveforever on September 23, 2014, 06:43:57 AM

Quote from: Oscilson on September 23, 2014, 05:40:06 AM

I think it is a punishable crime to attach a website or a service?

Market manipulation and stock fraud are also crimes.

WTF?!

Predictions, even wild and stupid ones are not market manipulation or fraud. (Also coins are not stocks, a relatively minor, but not entirely insignificant point.)

Also, even if you weren't completely clueless on the above points, how would this relate at all to a DDoS on a business?

See

Quote from: rpietila on September 23, 2014, 05:39:43 AM

Quote from: ed_teech on September 23, 2014, 05:27:59 AM

Maybe there is a third person involved, trying to profit and buy cheap.

This aspect should not be forgotten. Basically, the price of 1 XMR was 361-366 before the attack. Before the debacle, it actually was around 400. Using these as a baseline, just evaluate what is the % risk that Monero suffers from the attack, and how much, or is there even the chance to emerge out stronger.

DDOS supposeduly impacted the price of XMR.
Well guess what, It works both ways.

He has made announcements on trollbox the price will spike shortly due to a 4 minute phone call he is having, added large buy walls only to pull them away and lie about the future prices based on nothing but fantasy on occasions- he claimed 1 Monero will be few thousand dollars, Just like he claimed BTC will be worth 1 million dollars. Both are lies only told to bring suckers in. He cash out long before. One is driving the price up, the other driving the price down, both are criminal

Many people do these type of things for a living. Everyone should take any information from any source with a grain of salt and consider the motivations behind each actor. I'm not saying rpietila specifically has done anything wrong and I'm definitely not making any specific accusations here at all. I have no idea, but it shouldn't matter who it is. It could be anyone, and I'm speaking in a general sense here. Also, for what it's worth I'm pretty sure that rpietila's intentions are generally good.

It's not illegal and it's not necessarily immoral. It really depends on the context. This whole crypto universe is similar to a game. There are winners and losers. The best thing we can do as a community is try to educate people and help newer people take a more skeptical conservative approach to speculating in cryptocurrencies.

edit: I should add this before anyone misinterprets what I'm saying: I'm close to positive that rpietila had nothing to do with the attack on Polo and I would bet money that he was not involved.

The post is just meant to be about the 'big names' in crypto in general, and how many people are able to make money using their influence.

Stealthcoin

member

Activity: 82

Merit: 1000

Quote from: ?? on ??

Quote from: Este Nuno on September 23, 2014, 07:32:55 AM

Quote from: oliveforever on September 23, 2014, 07:01:21 AM

Quote from: TheFascistMind on September 23, 2014, 06:54:10 AM

Quote from: oliveforever on September 23, 2014, 06:43:57 AM

Market manipulation and stock fraud are also crimes.

I hope we can create an anonymous world where they are not provable crimes.

Humans are always competing in any way they can. This is nature. Nature is not a crime. It just is.

I am suffering from some stupid decisions in life that put me in situations of higher risk and thus now am blind in one eye, have an (supposedly incurable) infection which usually results in head and throat cancer and automunity. I have symptoms that is underway. So nature has been tough of me, but I accept nature. I prefer my freedom (to destroy myself), than a guarantee hell of collective insurance.

Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.

Benjamin Franklin, Historical Review of Pennsylvania, 1759
US author, diplomat, inventor, physicist, politician, & printer (1706 - 1790)

I'm sorry but I listened to him and invested into Bitcoins and lost large sums of money. (It was my own choice to invest, acknowledged)
I now have followed his second pump, I entered at the wrong time . He announced it was going up and I'm at a big loss again.
Again it was my own choice, I am responsible but beware listening to his insane price predictions because it's evidenced he will pull the tablecloth from underneath you.

Yes, many people on this forum seem to have blindly followed the rhetoric from aminorex and rpietila over the last few months. I hope no one has really invested more than they can lose, but the passion that's being displayed by many Monero supporters makes me wonder to be honest.

I do remember rpietila specifically recommending some fairly conservative ratios with regard to speculations in XMR vs holdings in BTC. So many of these people who have seemingly gone 'all in' have done so against the advice of people they're supposed to be following.

I expect that things will calm down with regard to Monero rhetoric after all that has happened in the last month. The amount of drama has been unparalleled and spawned zealotry on both sides.

People should always remember that many of the people they follow are already wealthy individuals who can afford to lose. Just because they speculate on something doesn't mean that you should too. Everyone needs to be in control of their own personal financial situation and take some responsibility.

please scare me more, I still cant bother to sell even 1 Monero Sad

No one in here is trying to scare anyone, if you want to lose your investment so be it...

Este Nuno

legendary

Activity: 826

Merit: 1000

amarha

Quote from: oliveforever on September 23, 2014, 07:01:21 AM

Quote from: TheFascistMind on September 23, 2014, 06:54:10 AM

Quote from: oliveforever on September 23, 2014, 06:43:57 AM

Market manipulation and stock fraud are also crimes.

I hope we can create an anonymous world where they are not provable crimes.

Humans are always competing in any way they can. This is nature. Nature is not a crime. It just is.

I am suffering from some stupid decisions in life that put me in situations of higher risk and thus now am blind in one eye, have an (supposedly incurable) infection which usually results in head and throat cancer and automunity. I have symptoms that is underway. So nature has been tough of me, but I accept nature. I prefer my freedom (to destroy myself), than a guarantee hell of collective insurance.

Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.

Benjamin Franklin, Historical Review of Pennsylvania, 1759
US author, diplomat, inventor, physicist, politician, & printer (1706 - 1790)

I'm sorry but I listened to him and invested into Bitcoins and lost large sums of money. (It was my own choice to invest, acknowledged)
I now have followed his second pump, I entered at the wrong time . He announced it was going up and I'm at a big loss again.
Again it was my own choice, I am responsible but beware listening to his insane price predictions because it's evidenced he will pull the tablecloth from underneath you.

Yes, many people on this forum seem to have blindly followed the rhetoric from aminorex and rpietila over the last few months. I hope no one has really invested more than they can lose, but the passion that's being displayed by many Monero supporters makes me wonder to be honest.

I do remember rpietila specifically recommending some fairly conservative ratios with regard to speculations in XMR vs holdings in BTC. So many of these people who have seemingly gone 'all in' have done so against the advice of people they're supposed to be following.

I expect that things will calm down with regard to Monero rhetoric after all that has happened in the last month. The amount of drama has been unparalleled and spawned zealotry on both sides.

People should always remember that many of the people they follow are already wealthy individuals who can afford to lose. Just because they speculate on something doesn't mean that you should too. Everyone needs to be in control of their own personal financial situation and take some responsibility.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: ?? on ??

Quote from: Stealthcoin on September 23, 2014, 07:22:08 AM

I think most of you don't know how legit Bitcoin people are... most of them hold Litecoin as well this is why they accepted it to be the second in the first place.
Litecoin has a history DDOS other new coins and trying to 51% attack them as well.

So you think Bitcoin people are more legit because there was a Bitcoin boom ?
Wake up guys. Most of them are here only for money.

k, world is a dangerous place we get it.

+1

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: oliveforever on September 23, 2014, 07:10:26 AM

Quote from: smooth on September 23, 2014, 07:02:26 AM

Quote from: oliveforever on September 23, 2014, 06:43:57 AM

Quote from: Oscilson on September 23, 2014, 05:40:06 AM

I think it is a punishable crime to attach a website or a service?

Market manipulation and stock fraud are also crimes.

WTF?!

Predictions, even wild and stupid ones are not market manipulation or fraud. (Also coins are not stocks, a relatively minor, but not entirely insignificant point.)

Also, even if you weren't completely clueless on the above points, how would this relate at all to a DDoS on a business?

See

Quote from: rpietila on September 23, 2014, 05:39:43 AM

Quote from: ed_teech on September 23, 2014, 05:27:59 AM

Maybe there is a third person involved, trying to profit and buy cheap.

This aspect should not be forgotten. Basically, the price of 1 XMR was 361-366 before the attack. Before the debacle, it actually was around 400. Using these as a baseline, just evaluate what is the % risk that Monero suffers from the attack, and how much, or is there even the chance to emerge out stronger.

DDOS supposeduly impacted the price of XMR.
Well guess what, It works both ways.

I have no idea what you are talking about. The above quote seems like perfectly reasonable market analysis to me.

As for whatever you were going on about the trollbox, I can only just laugh. Usually when I use an exchange I dont even have the trollbox visible on my monitor. I wish they offered an option to hide it. Compete waste of screen space if you ask me.

Stealthcoin

member

Activity: 82

Merit: 1000

I think most of you don't know how legit Bitcoin people are... most of them hold Litecoin as well this is why they accepted it to be the second in the first place.
Litecoin has a history DDOS other new coins and trying to 51% attack them as well.

So you think Bitcoin people are more legit because there was a Bitcoin boom ?
Wake up guys. Most of them are here only for money.

Hunyadi

legendary

Activity: 1281

Merit: 1000

☑ ♟ ☐ ♚

Quote from: Oscilson on September 23, 2014, 07:15:36 AM

Quote from: ?? on ??

1 Monero will be worth 1000 USD by the end of 2015. You heard it first here Grin

No way! It could be between 2-20.

Or perhaps tomorrow we don't have Monero anymore Tongue

Stealthcoin

member

Activity: 82

Merit: 1000

Quote from: ?? on ??

1 Monero will be worth 1000 USD by the end of 2015. You heard it first here Grin

Keep dreaming. This is how they take away your profit/investment.
Never underestimate a coin that says, hold it long term.... if you check what happened last year then you will know that most of the investor that hold lost most of their investment.

Oscilson

sr. member

Activity: 434

Merit: 250

Quote from: ?? on ??

1 Monero will be worth 1000 USD by the end of 2015. You heard it first here Grin

No way! It could be between 2-20.

oliveforever

newbie

Activity: 14

Merit: 0

Quote from: smooth on September 23, 2014, 07:02:26 AM

Quote from: oliveforever on September 23, 2014, 06:43:57 AM

Quote from: Oscilson on September 23, 2014, 05:40:06 AM

I think it is a punishable crime to attach a website or a service?

Market manipulation and stock fraud are also crimes.

WTF?!

Predictions, even wild and stupid ones are not market manipulation or fraud. (Also coins are not stocks, a relatively minor, but not entirely insignificant point.)

Also, even if you weren't completely clueless on the above points, how would this relate at all to a DDoS on a business?

See

Quote from: rpietila on September 23, 2014, 05:39:43 AM

Quote from: ed_teech on September 23, 2014, 05:27:59 AM

Maybe there is a third person involved, trying to profit and buy cheap.

This aspect should not be forgotten. Basically, the price of 1 XMR was 361-366 before the attack. Before the debacle, it actually was around 400. Using these as a baseline, just evaluate what is the % risk that Monero suffers from the attack, and how much, or is there even the chance to emerge out stronger.

DDOS supposeduly impacted the price of XMR.
Well guess what, It works both ways.

He has made announcements on trollbox the price will spike shortly due to a 4 minute phone call he is having, added large buy walls only to pull them away and lie about the future prices based on nothing but fantasy on occasions- he claimed 1 Monero will be few thousand dollars, Just like he claimed BTC will be worth 1 million dollars. Both are lies only told to bring suckers in. He cash out long before. One is driving the price up, the other driving the price down, both are criminal

nutildah

legendary

Activity: 3010

Merit: 8114

Quote from: oliveforever on September 23, 2014, 06:43:57 AM

For those that don't know, last year rpietila was predicting 1 BTC will be valued 1 Million USD by the end of 2013. (Which he later adjusted to "just" $300,000. You can find numerous references to his bold claims with your friend google

You mean he's been nonstop chattering about Technical Analysis for years now??

And he even mentions the fibonacci numbers... oh lord.

In my opinion, you can't really apply TA to crypto -- too many premines, sneaky devs and bots make for artificial trading. so in large crypto charts don't exhibit features of a free market at work necessarily and therefore their movement can't really be predicted using TA.

You'd think he'd give up on it after a certain point, but to not after all this experience is a bit bizarre.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: oliveforever on September 23, 2014, 06:43:57 AM

Quote from: Oscilson on September 23, 2014, 05:40:06 AM

I think it is a punishable crime to attach a website or a service?

Market manipulation and stock fraud are also crimes.

WTF?!

Predictions, even wild and stupid ones are not market manipulation or fraud. (Also coins are not stocks, a relatively minor, but not entirely insignificant point.)

Also, even if you weren't completely clueless on the above points, how would this relate at all to a DDoS on a business?

oliveforever

newbie

Activity: 14

Merit: 0

Quote from: TheFascistMind on September 23, 2014, 06:54:10 AM

Quote from: oliveforever on September 23, 2014, 06:43:57 AM

Market manipulation and stock fraud are also crimes.

I hope we can create an anonymous world where they are not provable crimes.

Humans are always competing in any way they can. This is nature. Nature is not a crime. It just is.

I am suffering from some stupid decisions in life that put me in situations of higher risk and thus now am blind in one eye, have an (supposedly incurable) infection which usually results in head and throat cancer and automunity. I have symptoms that is underway. So nature has been tough of me, but I accept nature. I prefer my freedom (to destroy myself), than a guarantee hell of collective insurance.

Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.

Benjamin Franklin, Historical Review of Pennsylvania, 1759
US author, diplomat, inventor, physicist, politician, & printer (1706 - 1790)

I'm sorry but I listened to him and invested into Bitcoins and lost large sums of money. (It was my own choice to invest, acknowledged)
I now have followed his second pump, I entered at the wrong time . He announced it was going up and I'm at a big loss again.
Again it was my own choice, I am responsible but beware listening to his insane price predictions because it's evidenced he will pull the tablecloth from underneath you.

TheFascistMind

newbie

Activity: 42

Merit: 0

Quote from: oliveforever on September 23, 2014, 06:43:57 AM

Market manipulation and stock fraud are also crimes.

I hope we can create an anonymous world where they are not provable crimes.

Humans are always competing in any way they can. This is nature. Nature is not a crime. It just is.

No one forced you to invest. It is your job to discern fact from hype. Collective markets drive all this trolling because we think our gains are determined by cheerleading. I think most gains are determined by fundamentals. As Benjamen Graham said, " in the short term, the stock market behaves like a voting machine, but in the long term it acts like a weighing machine".

I am suffering from some stupid decisions in life that put me in situations of higher risk and thus now am blind in one eye, have an (supposedly incurable) infection which usually results in head and throat cancer and autoimmunity (peripheral neuropathy). I have symptoms indicating this is underway. So nature has been tough of me (but I fell lucky compared to Hal Finney), but I accept nature. I prefer my freedom (to destroy myself), than a guarantee hell of collective insurance.

Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.

Benjamin Franklin, Historical Review of Pennsylvania, 1759
US author, diplomat, inventor, physicist, politician, & printer (1706 - 1790)

http://www.sigmasociety.com/sigma_teste/sigma_teste_eng.asp

Quote

Geniuses:
Swift, Rembrandt, La Fontaine, Cervantes or Balzac would get 25 right
Molière, Lamartine, Benjamin Franklin or Copernicus would get 26 or 27 righ

Note I wrote my solution for question #22.

Topic: delete - page 101. (Read 165521 times)