Monero fake announcement - page 3. | Bitcointalksearch.org

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: BitcoinNewsMagazine on May 25, 2017, 11:25:24 AM

Quote from: dbc23 on May 25, 2017, 11:18:31 AM

Not having been bit by this PnD because I was out of monero at the time my perspective is a little vanished, but it seems to me he made a valid point to the community as a whole.

Right now the crazy bull market has lots of people going nuts for crypto. If these currencies after to ever succeed they need stability and doing how susceptible value storage can be on coins should be sobering for the pure profit seekers.

Of course I'm here to make a profit, but I'm also thrilled at the prospects for the future of crypto and the possibility it offers for maintaining and even restoring individual liberty when it comes to their financial dealings.

The moves to remove cash from the economy by governments is a step towards greater control of the public, and coins like Monero offer from from that.

That said he could've accomplished similar effect without the financial harm this caused.

Lead maintainers of a crypto coin have a special place as their words are given weight, and are not supposed to move markets just to amuse themselves. Many new investors to Monero lost money and were probably scared away permanently by the damage Spagni did to Monero's reputation yesterday.

There was no amusement. There was announced big thing to happen. Biggest ever. And it happened. I posted it up there. A valid statement. You can hate it, you can ignore it but you cant stop it!

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

Quote from: dbc23 on May 25, 2017, 11:18:31 AM

Not having been bit by this PnD because I was out of monero at the time my perspective is a little vanished, but it seems to me he made a valid point to the community as a whole.

Right now the crazy bull market has lots of people going nuts for crypto. If these currencies after to ever succeed they need stability and doing how susceptible value storage can be on coins should be sobering for the pure profit seekers.

Of course I'm here to make a profit, but I'm also thrilled at the prospects for the future of crypto and the possibility it offers for maintaining and even restoring individual liberty when it comes to their financial dealings.

The moves to remove cash from the economy by governments is a step towards greater control of the public, and coins like Monero offer from from that.

That said he could've accomplished similar effect without the financial harm this caused.

Lead maintainers of a crypto coin have a special place as their words are given weight, and are not supposed to move markets just to amuse themselves. Many new investors to Monero lost money and were probably scared away permanently by the damage Spagni did to Monero's reputation yesterday.

dbc23

sr. member

Activity: 1036

Merit: 311

Not having been bit by this PnD because I was out of monero at the time my perspective is a little vanished, but it seems to me he made a valid point to the community as a whole.

Right now the crazy bull market has lots of people going nuts for crypto. If these currencies after to ever succeed they need stability and doing how susceptible value storage can be on coins should be sobering for the pure profit seekers.

Of course I'm here to make a profit, but I'm also thrilled at the prospects for the future of crypto and the possibility it offers for maintaining and even restoring individual liberty when it comes to their financial dealings.

The moves to remove cash from the economy by governments is a step towards greater control of the public, and coins like Monero offer from from that.

That said he could've accomplished similar effect without the financial harm this caused.

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

The lead maintainer of Monero engineered a pump and dump to amuse himself is what it looks like to me. Disgraceful behaviour and his commit access should be revoked.

newtybar

full member

Activity: 121

Merit: 100

Quote from: btcmerich on May 25, 2017, 09:20:34 AM

where is the fake news?

I sold my monero a while back so i am not updated with the going ons with monero

Two posts up...

Coin had a big surge due to a supposed pending "announcement" then when the announcement occurred it was just a bunch of nothing and basically a "non-announcement"

btcmerich

sr. member

Activity: 339

Merit: 250

where is the fake news?

I sold my monero a while back so i am not updated with the going ons with monero

Ayers

legendary

Activity: 2590

Merit: 1022

Leading Crypto Sports Betting & Casino Platform

Quote from: DOMAINBROKER on May 24, 2017, 08:01:10 PM

seems all altcoin are fake, bitcoin is the only coin to invest, i lost my btc in one of these fake coin last weekend. i will never invest in any fake coin anymore. Angry

not all coins are fake, monero is 100% not fake, all the strongest coins are safe to invest, don't invest in very small coins with no volume or shady dev, but from tiem to time some good unknown low volume coins can get big and become top 20 in the coinmarketcap, invest more wisely next time don't go blindly or following the rumors

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: Trustor on May 24, 2017, 07:56:38 PM

Monero fake announcement

You meant this news? I dont see anything fake here. It was strong statement that anyone involved in crypto should be aware of and follow.

bustomi

full member

Activity: 224

Merit: 100

Quote from: Seville on May 25, 2017, 03:20:31 AM

So many people got shaken out with that last fluffypony stunt Shocked

altcoin become fake when you loose it on trading lol Sad

realbigs21024

sr. member

Activity: 322

Merit: 250

No matter what that was a total dick move uncalled for and very unprofessional. Fluffyponyza what a goober what goes around comes around

malami

member

Activity: 84

Merit: 10

Even if the tech is good if the team behind it isn't professional enough to its users then it will end up worthless.

Seville

full member

Activity: 270

Merit: 100

So many people got shaken out with that last fluffypony stunt Shocked

Zegra

member

Activity: 112

Merit: 10

Not only the trading newbies. Also the people new to crypto, looking up on different coins. Really liking what they read about Monero (because after all, the tech is pretty solid) as a promising coin and not some PR bullshit. But haven't followed Fluffy yet on Twitter and don't know yet about his trollish behaviour. Then they go to an exchange and buy some.

Those people got burned pretty badly today. We don't know when the price will recover. Maybe they panic sold, and you can't blame them if they see something like that happening (especially if they're new and don't have the luxury of being in the positive anyway like we do). They couldn't have foreseen this, not having the experience we have with the charts, monero prize, crypto as a whole, ...

One of the arguments I read on Reddit I strongly agreed with: Fluffy said to not buy it if you have no practical use for it, but what if some Venezuelan family just bought some to protect themselves from repressive government? And they already had so little money.

NeuroticFish

legendary

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Quote from: Zegra on May 24, 2017, 08:19:47 PM

I also think his stunt is hypocritical by the way, and I think he fucked over "monero enthusiasts" a lot more than the "pump & dump" crowd, because the pump& dump crowd is probably playing the market really well right now and making a ton out of these 25% price fluctuations.

I agree. He actually helped the day traders, since they were probably prepared to sell at the time of the "announcement".
The trading newbies were the main losers, I guess.
And the XMR hodlers may have just bought seeing that the 50$ barrier was smashed and hoping that the 100$ is near. Disappointing...

Capradina

hero member

Activity: 756

Merit: 520

Basically it is indeed a project is indeed still not can be said to be successful if they have a good consistent level. The project is indeed profitable, but you also have to look at what is being done is not just looking at a profit. Because everyone could say that these projects are profitable, but we'll never know exactly what is being done by the team. When the project was indeed made by the team has a good level then it certainly will benefit greatly

Dmitry.Vastov

hero member

Activity: 840

Merit: 520

We've been fooled. I thought it would pump. But it dumps hard. What the hell? This is very bad. Now im back to zero again. I will buy monero again. I fall too hard. This is a dead coin. Most of the altcoins were dumped very huge. I will not buy ant altcoin until bitcoin is not dropping. The price was good yesterday. Then i saw the price today. Its all in red marks.

noictib

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Quote from: Trustor on May 24, 2017, 07:56:38 PM

At first, despite loosing money, I thought it was fun and I sort of respected the move. But If we look further the "troll" what just happened last night was totally immature, and lacking in jugement.

The market just dumped, and he could have personally profited from it. I clearly understand that the point was to fuck with daily traders. What he did was actually really really bad... He mislead people knowing the fact that his announcement would create confidence in the project.

He wanted to get rid of pumps and dumps but he clearly made a short position knowing people would be tricked.
Some peoples new to cryptos have lost thousands of $ by putting all their eggs into the monero.

You can't be on the inside and act like this. People in companies that do this go to jail. That is not the kind of person I want writing my privacy-focused crypto-currency.

EDIT: For understanding watch the videos of the announcement : http://mea.business/

Announcement was real or fake in the monero , I am not sure because I have no evidence regrading this altcoin .
Since I invested about 0.03btc but after two days I sold it because I needed money for my daily need , so I get loss due to soon sell at low rate and also I am seeing that the rate is now very low then at what rate I sold , thank God I saved my money .
But still here there is another thing about the altcoin is that , all this depends upon the demand in the crypticurrency exchange sites , if demand is high then price will speedly rise and vice versa .
So here we can't blaim anyone for the loss , because loss and profit are the part of the trading .
But thanks to you that you shared this news .
Note : I am not saying that announcement was fake or real :•

Hueristic

legendary

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Doomed to see the future and unable to prevent it

The problem is that Monero was gaining stability and being perceived as a non volatile store of wealth and this has shaken that foundation. That i believe is the true disservice that Ricardo has accomplished. Monero has always been above this type of behavior and that is another reason why it has shocked us so much.

My tinfoil hat says he is looking to distance himself and this of course will certainly do that as well as remove him as the face but who can fill that vacuum? I think anyone that does is not going to like the position they find themselves in as I have no doubt TPTB have been making moves and being in the spotlight of the worlds best fungible coin can be (will become|all ready is) a terrifying place to be.

paratox

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Quote from: Zegra on May 24, 2017, 09:44:42 PM

Quote from: paratox on May 24, 2017, 09:23:53 PM

Quote from: Zegra on May 24, 2017, 08:19:47 PM

I also think his stunt is hypocritical by the way, and I think he fucked over "monero enthusiasts" a lot more than the "pump & dump" crowd, because the pump& dump crowd is probably playing the market really well right now and making a ton out of these 25% price fluctuations.

Aren't "monero enthusiasts" into monero because of the technology?

Yes, but they like money too. I didn't say he took the tech away from them. But the pump & dump crowd benefitted more from this. You never know which longterm effects this will have.

True, longterm effects are hard to predict. I hope people learn from this and really think about why it happened they way it did. And what each one of us can do, to not let something like this happen in the future. I think it would be unwise to only blame fluffypony. Everyone who was affected by this has some responsibility for what happened.

jmpFCE2

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pending fucking transfers!!

Topic: Monero fake announcement - page 3. (Read 4878 times)