rpietila Altcoin Observer - page 211.

HardwarePal

hero member

Activity: 565

Merit: 500

Quote from: darlidada on June 28, 2014, 01:24:21 PM

Quote from: aminorex on June 28, 2014, 01:13:08 PM

Quote from: saddambitcoin on June 28, 2014, 01:06:10 PM

Quote from: aminorex on June 27, 2014, 11:39:09 PM

I hit my limit for the week with a buy at 0035. Next week I may want more.

i was surprised to see my 0035 order filled overnight, feeling good waking up with 1000 more XMR

We are both lucky, it seems. Well, I was watching it like a hawk, so you're luckier.

This is my problem with XMR...........

With the GUI Wallet , more miners (higher diff + lower reward) and new investors this usually levels out the inflation problem imo .

darlidada

hero member

Activity: 723

Merit: 503

Quote from: aminorex on June 28, 2014, 01:13:08 PM

Quote from: saddambitcoin on June 28, 2014, 01:06:10 PM

Quote from: aminorex on June 27, 2014, 11:39:09 PM

I hit my limit for the week with a buy at 0035. Next week I may want more.

i was surprised to see my 0035 order filled overnight, feeling good waking up with 1000 more XMR

We are both lucky, it seems. Well, I was watching it like a hawk, so you're luckier.

This is my problem with XMR. I always feel like i NEED to watch the price like a Hawk in order to protect my investment because inflation is so high. I feel I HAVE TO use the volatility of the price in order to increase my stack so XMR can be a good store of value.

I dont need to do this with bitcoin. I dont care about the short term price because it's such a good store of value.

I must be too heavily invested in XMR and this decrease my productivity.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: saddambitcoin on June 28, 2014, 01:06:10 PM

Quote from: aminorex on June 27, 2014, 11:39:09 PM

I hit my limit for the week with a buy at 0035. Next week I may want more.

i was surprised to see my 0035 order filled overnight, feeling good waking up with 1000 more XMR

We are both lucky, it seems. Well, I was watching it like a hawk, so you're luckier.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: Dotto on June 28, 2014, 12:59:07 PM

What do you think about VRC? It had 1 week PoW launch before becoming PoS.

I don´t know much more about fundamentals,only that have been almost non stop growing in value since then. Well, now is probably overbough, but what do you think of it?, could be a decent #3? A PoS with a PoW distribution sounds like a good idea, and different from the 99% other alts.

I would prefer a longer PoW init phase, thought

PoS is always a disqualifier in my mind, because it can be attacked with zero cost.

VRC is presently distinguished primarily by the payments website. Such a website can and should be made for every coin. I don't think it will distinguish VRC for very long.

The question was asked about VeriSend, so I looked into it. It is just coinjoin. Coinjoin is defeasible. See "Coinjoin Sudoku".

saddambitcoin

legendary

Activity: 1610

Merit: 1004

Quote from: aminorex on June 27, 2014, 11:39:09 PM

Quote from: statdude on June 27, 2014, 10:26:21 PM

Monero btc hero whales (if they actually exist):
Now would be a good time to throw up some buy walls- even if at low levels - to show some support for YOUR coin and keep things positive in the mind of average joe investors! Let's keep the price stable as possible!

Things don't work that way. You buy the coin because it offers value. If you waste your energy on a futile manipulation, you have no power when it could make a difference.

Instead buy because it is crazy cheap.

Me, I hit my limit for the week with a buy at 0035. Next week I may want more.

i was surprised to see my 0035 order filled overnight, feeling good waking up with 1000 more XMR

GreekBitcoin

legendary

Activity: 1428

Merit: 1001

getmonero.org

Quote from: drawingthesun on June 28, 2014, 12:59:31 PM

Quote from: luke997 on June 28, 2014, 07:51:34 AM

Change the thread name to:
"rpietila Monero ad board + occasional trolling of other coins"

Feel free to introduce another alternative coin into the discussion. If you look hard there aren't many that hold any weight.

I am interested in Ethereum too.

What about storj ?

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: Dotto on June 28, 2014, 12:59:07 PM

What do you think about VRC? It had 1 week PoW launch before becoming PoS.

I don´t know much more about fundamentals,only that have been almost non stop growing in value since then. Well, now is probably overbough, but what do you think of it?, could be a decent #3? A PoS with a PoW distribution sounds like a good idea, and different from the 99% other alts.

I would prefer a longer PoW init phase, thought

One week proof of work, the distribution is as bad as Bytecoin.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: luke997 on June 28, 2014, 07:51:34 AM

Change the thread name to:
"rpietila Monero ad board + occasional trolling of other coins"

Feel free to introduce another alternative coin into the discussion. If you look hard there aren't many that hold any weight.

I am interested in Ethereum too.

Dotto

legendary

Activity: 981

Merit: 1005

No maps for these territories

What do you think about VRC? It had 1 week PoW launch before becoming PoS.

I don´t know much more about fundamentals,only that have been almost non stop growing in value since then. Well, now is probably overbough, but what do you think of it?, could be a decent #3? A PoS with a PoW distribution sounds like a good idea, and different from the 99% other alts.

I would prefer a longer PoW init phase, thought

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

I seriously doubt you will see it dump further. Miners are losing money at this point.

GreekBitcoin

legendary

Activity: 1428

Merit: 1001

getmonero.org

Quote from: statdude on June 27, 2014, 10:26:21 PM

Monero btc hero whales (if they actually exist):
Now would be a good time to throw up some buy walls- even if at low levels - to show some support for YOUR coin and keep things positive in the mind of average joe investors! Let's keep the price stable as possible!

But i want it to drop a bit more so i can buy more Cheesy

superresistant

legendary

Activity: 2142

Merit: 1131

Quote from: luke997 on June 28, 2014, 07:51:34 AM

Change the thread name to:
"rpietila Monero ad board + occasional trolling of other coins"

We also talk about Nxt, XCP, BBR sometimes.

luke997

full member

Activity: 294

Merit: 100

Change the thread name to:
"rpietila Monero ad board + occasional trolling of other coins"

bangersdad

full member

Activity: 227

Merit: 100

Quote from: ShroomsKit_Disgrace on June 28, 2014, 05:17:50 AM

Ok, now seriously,

Why don't you change the name of the thread?

This is only a laaarge conversation about Monero from 3 or 4 individuals!

So much so that I bought some XMR last night at 0.0035 Cheesy

good man.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: cmason22 on June 28, 2014, 02:23:31 AM

also, have people been safely transacting directly? that's something else i'd consider if there are some references etc.

There were many Monero private trades before it was listed on the exchange. If you check the old OTC trading thread you can find the names of people who traded a lot and may be trustworthy. Obviously check their feedback and even then be cautious as accounts can be hacked or sold.

ShroomsKit_Disgrace

legendary

Activity: 952

Merit: 1000

Yeah! I hate ShroomsKit!

Ok, now seriously,

Why don't you change the name of the thread?

This is only a laaarge conversation about Monero from 3 or 4 individuals!

So much so that I bought some XMR last night at 0.0035 Cheesy

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Whimsical Pants

Quote from: cmason22 on June 28, 2014, 02:23:31 AM

which would be your recommended exchange?

also, have people been safely transacting directly? that's something else i'd consider if there are some references etc.

thanks again.

Well if it weren't for the withdrawal fee I'd be fine with BTER, but I have done business with both poloniex and mintpal. Smooth and easy in both cases.

I forgot... BTER is currently awarding a 1% deposit bonus. This effectively removes the withdrawal fee, but only when you DEPOSIT XMR first.

cmason22

newbie

Activity: 15

Merit: 0

which would be your recommended exchange?

also, have people been safely transacting directly? that's something else i'd consider if there are some references etc.

thanks again.

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Whimsical Pants

Quote from: cmason22 on June 28, 2014, 01:59:37 AM

i'll user BTER, as I have an account there.

thanks!

also, and PLEASE don't interpret as FUD, but looking at the bigger picture / lifetime chart of xmr, it doesn't seem insane to imagine it could decline some more. all the "alt" coins seem to do the long slow "death" after initial spikes. it appears that xmr is currently about 300% higher than its low.

this thread is amazing and has convinced me to invest a bit in xmr. seems like a rare case of coin that might really have a future.

One caveat. Bter charges 1% on withdrawals. This is exorbitant unless dealing with very small amounts in my opinion.

cmason22

newbie

Activity: 15

Merit: 0

i'll user BTER, as I have an account there.

thanks!

also, and PLEASE don't interpret as FUD, but looking at the bigger picture / lifetime chart of xmr, it doesn't seem insane to imagine it could decline some more. all the "alt" coins seem to do the long slow "death" after initial spikes. it appears that xmr is currently about 300% higher than its low.

this thread is amazing and has convinced me to invest a bit in xmr. seems like a rare case of coin that might really have a future.

Topic: rpietila Altcoin Observer - page 211. (Read 387493 times)