[XMR] Monero - A secure, private, untraceable cryptocurrency - page 1128.

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: stslimited on February 18, 2015, 10:04:25 PM

Coming from someone that has way more Monero than the 20 btc necessary to drop the order book 50% and keep it there, you guys have no idea what you are talking about.

if I chose to do that, the auto dumping miners would simply hop in front of the remaining parts of my gigantic sell order at .0005btc and keep this downtrend going, while somebody makes an off hand comment about emission schedule

And lets not forget about the upside, anybody want to form a syndicate and get the price back up with a stabilizing bid? PM me

Did this guy just write rptiela is BTC poor Huh

I'm paraphrasing, obviously. But "You guys collectively barely have enough bitcoin to buy Monero at firesale prices..." right after rptiela's post on the market does read like he's saying rptiela doesn't have two BTC to rub together. Mind blowing!

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: rpietila on February 18, 2015, 06:34:23 PM

Quote from: ArticMine on February 18, 2015, 05:34:56 PM

What is interesting is that this technical pattern can still survive a fair amount of bear activity. The bears need to make a strong stand below 0.0009 to break the pattern.

It is funny that you apply technical analysis and EW analysis to something that is literally so small that one determined person without outlandish funds can easily prevent it from breaking 0.0009.

Nevertheless, I believe the analysis is correct. Once everyone willing has sold their coins to that one person at the all-time low, yet the person is still ready to buy and price does not therefore go down, then it snaps up violently.

Quote from: stslimited on February 18, 2015, 10:04:25 PM

Coming from someone that has way more Monero than the 20 btc necessary to drop the order book 50% and keep it there, you guys have no idea what you are talking about.

You guys collectively barely have enough bitcoin to buy Monero at firesale prices if I chose to do that, the auto dumping miners would simply hop in front of the remaining parts of my gigantic sell order at .0005btc and keep this downtrend going, while somebody makes an off hand comment about emission schedule

And lets not forget about the upside, anybody want to form a syndicate and get the price back up with a stabilizing bid? PM me

What I find really interesting about this market is that there are multiple large players on both sides of this market each waiting for the others to make a move. So the size of this market is actually very deceiving. What is important to recognize here is the fact that someone can make a move does not mean they will actually make the move. I also suspect many are not aware of the actual size of the hidden market particularly those waiting to buy. Like 20 XBT worth of XMR to get to 0.0005 in a matter of hours becomes 140 XBT worth of XMR to get to 0.0005.

wpalczynski

legendary

Activity: 1456

Merit: 1000

By all means, please put your Monero where your mouth is and dump to 0.0005. Going to bed hoping my orders get filled by you and your mining syndicate but in reality we know it won't happen.

Quote from: stslimited on February 18, 2015, 10:04:25 PM

Coming from someone that has way more Monero than the 20 btc necessary to drop the order book 50% and keep it there, you guys have no idea what you are talking about.

You guys collectively barely have enough bitcoin to buy Monero at firesale prices if I chose to do that, the auto dumping miners would simply hop in front of the remaining parts of my gigantic sell order at .0005btc and keep this downtrend going, while somebody makes an off hand comment about emission schedule

And lets not forget about the upside, anybody want to form a syndicate and get the price back up with a stabilizing bid? PM me

stslimited

hero member

Activity: 546

Merit: 500

Coming from someone that has way more Monero than the 20 btc necessary to drop the order book 50% and keep it there, you guys have no idea what you are talking about.

You guys collectively barely have enough bitcoin to buy Monero at firesale prices if I chose to do that, the auto dumping miners would simply hop in front of the remaining parts of my gigantic sell order at .0005btc and keep this downtrend going, while somebody makes an off hand comment about emission schedule

And lets not forget about the upside, anybody want to form a syndicate and get the price back up with a stabilizing bid? PM me

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: ArticMine on February 18, 2015, 05:34:56 PM

What is interesting is that this technical pattern can still survive a fair amount of bear activity. The bears need to make a strong stand below 0.0009 to break the pattern.

It is funny that you apply technical analysis and EW analysis to something that is literally so small that one determined person without outlandish funds can easily prevent it from breaking 0.0009.

Nevertheless, I believe the analysis is correct. Once everyone willing has sold their coins to that one person at the all-time low, yet the person is still ready to buy and price does not therefore go down, then it snaps up violently.

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: rpietila on February 18, 2015, 12:57:03 PM

It's now 15k XMR per day, which is $3,000.

It's $100k per month, and barely absorbed. But when things change, they change quickly. As I've been saying, one person getting interested will turn the tables

This would support my technical scenario of a failed bear market with a truncated 5th Elliott Wave. https://bitcointalksearch.org/topic/m.10493881. This type of pattern if broken to the upside would typically lead to a very sharp upward move. What is interesting is that this technical pattern can still survive a fair amount of bear activity. The bears need to make a strong stand below 0.0009 to break the pattern.

David Latapie

hero member

Activity: 658

Merit: 503

Monero Core Team

Quote from: Indefinitely on February 18, 2015, 04:36:30 PM

Quote from: David Latapie on February 18, 2015, 04:29:33 PM

Quote from: Hilux74 on February 18, 2015, 04:19:43 PM

From May28, 2014 to Dec31, 2014 the year is mistakenly displayed as 2015.

Thanks corrected

Too bad I cannot let the wiki open to anyone because of spam - but any one register can modify it (that's the point of a wiki)

Also, I would like to share an excellent quote on Reddit:

Quote

Remember, electronic cash is easy. Anyone can do it. Facebook could do it tomorrow if they wanted. All it involves is a centralized ledger.
Anonymous electronic cash is harder, but Chaum figured out how to do it in the early 90s.
Decentralized electronic cash is even harder. That's Bitcoin.
Decentralized anonymous electronic cash is even harder. That's the next step.

Monero: the next step.

Fluffy's answer below is worth it too.
(go upvote!)

Very nice, simple comparison.

I created an advocacy page on the wiki. If you register, you can edit it and add some quote and links. The goal is to have material to market Monero. Have some explanations in mind and haso ready-made quote for mention in passing, elevator speech... is great and for that, one needs preparation. So grab you bookmarks and share them

It is OK if it is messy, it will get improved with time.

Indefinitely

newbie

Activity: 26

Merit: 0

Quote from: David Latapie on February 18, 2015, 04:29:33 PM

Quote from: Hilux74 on February 18, 2015, 04:19:43 PM

From May28, 2014 to Dec31, 2014 the year is mistakenly displayed as 2015.

Thanks corrected

Too bad I cannot let the wiki open to anyone because of spam - but any one register can modify it (that's the point of a wiki)

Also, I would like to share an excellent quote on Reddit:

Quote

Remember, electronic cash is easy. Anyone can do it. Facebook could do it tomorrow if they wanted. All it involves is a centralized ledger.
Anonymous electronic cash is harder, but Chaum figured out how to do it in the early 90s.
Decentralized electronic cash is even harder. That's Bitcoin.
Decentralized anonymous electronic cash is even harder. That's the next step.

Monero: the next step.

Fluffy's answer below is worth it too.
(go upvote!)

Very nice, simple comparison.

David Latapie

hero member

Activity: 658

Merit: 503

Monero Core Team

Quote from: Hilux74 on February 18, 2015, 04:19:43 PM

From May28, 2014 to Dec31, 2014 the year is mistakenly displayed as 2015.

Thanks corrected

Too bad I cannot let the wiki open to anyone because of spam - but any one register can modify it (that's the point of a wiki)

Also, I would like to share an excellent quote on Reddit:

Quote

Remember, electronic cash is easy. Anyone can do it. Facebook could do it tomorrow if they wanted. All it involves is a centralized ledger.
Anonymous electronic cash is harder, but Chaum figured out how to do it in the early 90s.
Decentralized electronic cash is even harder. That's Bitcoin.
Decentralized anonymous electronic cash is even harder. That's the next step.

Monero: the next step.

Fluffy's answer below is worth it too.
(go upvote!)

Hilux74

legendary

Activity: 912

Merit: 1000

Quote from: David Latapie on February 18, 2015, 04:01:12 PM

Quote from: dEBRUYNE on February 18, 2015, 12:52:46 PM

For anyone wondering how high the inflation rate really is:

Quote from: rpietila on July 30, 2014, 01:53:55 PM

Code:

day	coins	new
18.4.2014	15 580	25 333
19.4.2014	40 891	25 311
20.4.2014	66 168	25 277
[...]

I ported it to the wiki, as a reference: https://xmrmonero.com/wiki/emission-rate

Regexp are powerful, but a pain to create! Still, much faster than doing it manually and I did not want to open a spreasheet

From May28, 2014 to Dec31, 2014 the year is mistakenly displayed as 2015.

David Latapie

hero member

Activity: 658

Merit: 503

Monero Core Team

Quote from: dEBRUYNE on February 18, 2015, 12:52:46 PM

For anyone wondering how high the inflation rate really is:

Quote from: rpietila on July 30, 2014, 01:53:55 PM

Code:

day	coins	new
18.4.2014	15 580	25 333
19.4.2014	40 891	25 311
20.4.2014	66 168	25 277
[...]

I ported it to the wiki, as a reference: https://xmrmonero.com/wiki/emission-rate

Regexp are powerful, but a pain to create! Still, much faster than doing it manually and I did not want to open a spreasheet

luigi1111

legendary

Activity: 1105

Merit: 1000

Quote from: Hueristic on February 18, 2015, 01:33:19 PM

Quote from: luigi1111 on February 18, 2015, 10:50:07 AM

Quote from: binaryFate on February 18, 2015, 07:53:08 AM

XMR.TO
Pay any Bitcoin address. Anonymously, using Monero.

Hey people,

arnuschky, a friend, and I made this new service called XMR.TO. It allows you to pay any Bitcoin address in a fully anonymous fashion using Monero.
Payment is nearly instant, so you can use it to pay bitpay bills, or any of your other bitcoin purchases.

Have a look at the website, it explains all the details: https://xmr.to

We're still in beta. In case of problems or suggestions, don't hesitate to contact us or just reply in the dedicated thread. Any feedback of course welcome!

Nice job, fellows!

On an unrelated note, your first sentence is ambiguous due to "a friend". It could be interpreted either as an appositional phrase or as three in a series using a serial comma.

I love grammar.

I hate grammar (I quit school because of it), Iit is used by ~~elitists~~ nerds on the internet to attempt to prove their superiority. Did I do that right?

Close.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: luigi1111 on February 18, 2015, 10:50:07 AM

Quote from: binaryFate on February 18, 2015, 07:53:08 AM

XMR.TO
Pay any Bitcoin address. Anonymously, using Monero.

Hey people,

arnuschky, a friend, and I made this new service called XMR.TO. It allows you to pay any Bitcoin address in a fully anonymous fashion using Monero.
Payment is nearly instant, so you can use it to pay bitpay bills, or any of your other bitcoin purchases.

Have a look at the website, it explains all the details: https://xmr.to

We're still in beta. In case of problems or suggestions, don't hesitate to contact us or just reply in the dedicated thread. Any feedback of course welcome!

Nice job, fellows!

On an unrelated note, your first sentence is ambiguous due to "a friend". It could be interpreted either as an appositional phrase or as three in a series using a serial comma.

I love grammar.

I hate grammar (I quit school because of it), It is used by elitists to attempt to prove their superiority. Did I do that right?

BTW Did "Unknown" get redirected to DDoSiNg Sony? Cheesy

Quote from: David Latapie on February 18, 2015, 01:28:07 PM

Quote from: GingerAle on February 18, 2015, 11:48:37 AM

One could consider that, but I don't intend it to be replacement, and indeed there will still be missives from core-dev as far as I know.

For me, Missives and Digest serve two different purposes and increasingly two different audiences. 1+1=3

I agree 100%

https://twitter.com/btercom/status/567987938341953536

Uh OOh

David Latapie

hero member

Activity: 658

Merit: 503

Monero Core Team

Quote from: GingerAle on February 18, 2015, 11:48:37 AM

One could consider that, but I don't intend it to be replacement, and indeed there will still be missives from core-dev as far as I know.

For me, Missives and Digest serve two different purposes and increasingly two different audiences. 1+1=3

rpietila

donator

Activity: 1722

Merit: 1036

It's now 15k XMR per day, which is $3,000.

It's $100k per month, and barely absorbed. But when things change, they change quickly. As I've been saying, one person getting interested will turn the tables

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

rpietila

donator

Activity: 1722

Merit: 1036

Crypto Kingdom is about to go live. See how you can profit!

luigi1111

legendary

Activity: 1105

Merit: 1000

Quote from: binaryFate on February 18, 2015, 11:52:36 AM

Quote from: David Latapie on February 18, 2015, 11:42:11 AM

Quote from: luigi1111 on February 18, 2015, 10:50:07 AM

Quote from: binaryFate on February 18, 2015, 07:53:08 AM

arnuschky, a friend, and I made this new service called XMR.TO.

On an unrelated note, your first sentence is ambiguous due to "a friend". It could be interpreted either as an appositional phrase or as three in a series using a serial comma.
I love grammar.

Looks like an amphibology to me. And since it is unvoluntary, a solecism too.
I love rhetorics.

We really get to organize a monero conference so you two can get together. Will be fun! (or not... Tongue

)

LOL, I await the day. Grin

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: David Latapie on February 18, 2015, 11:42:11 AM

Quote from: luigi1111 on February 18, 2015, 10:50:07 AM

Quote from: binaryFate on February 18, 2015, 07:53:08 AM

arnuschky, a friend, and I made this new service called XMR.TO.

On an unrelated note, your first sentence is ambiguous due to "a friend". It could be interpreted either as an appositional phrase or as three in a series using a serial comma.
I love grammar.

Looks like an amphibology to me. And since it is unvoluntary, a solecism too.
I love rhetorics.

We really get to organize a monero conference so you two can get together. Will be fun! (or not... Tongue

)

Quote from: David Latapie on February 18, 2015, 11:42:11 AM

Quote from: binaryFate on February 18, 2015, 11:38:27 AM

Quote

How anonymous is XMR.TO?
Be sure to set a sufficient mixin when sending your Monero payment – we generally recommend 3 or higher.

I suggest you add "mymonero.com uses 3 as default". A bit of publicity would help leveraging the monero network.

We already advise mymonero.com in a much more relevant way! Once you create an order and get the info to send XMR.

GingerAle

legendary

Activity: 1260

Merit: 1008

Quote from: florida.haunted on February 18, 2015, 11:41:00 AM

Quote from: David Latapie on February 18, 2015, 07:42:40 AM

In agreement with GingerAle, the Monday Moneroworld Digest in a more... digestable format: https://xmrmonero.com/news/monday-moneroworld-digest-2015-02-16

Regarding LMDB, it works. The reason we do not release it now is that it doesn't work flawlessly with Windows.

Good news, one can consider http://xmrmonero.com/news/ is missives' replacement!

One could consider that, but I don't intend it to be replacement, and indeed there will still be missives from core-dev as far as I know.

Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1128. (Read 4671920 times)