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Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 1759. (Read 4670972 times)

legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!

Those that sell 100% are really missing a trick. Sell 10% at 0.012, and then a further 10% at 0.024.
10% of remaining stash. This makes quite a difference. Also, after three doubling, you paid back your expenses, what remains is free money.

http://david.latapie.name/blog/extended-10200-strategy/

i am using this strategy, and already have nice profit Wink
I would like to add that i devide my "10%" in 20 batches and place 20 orders between (in this example) 0.012 and 0.024
Smiley

recently, I added a second strategy:
I will sell
10 XMR between 10 mBTC and 20 mBTC (in 10 sell orders)
20 XMR between 20 mBTC and 30 mBTC (in 10 sell orders)
30 XMR between 30 mBTC and 40 mBTC (in 10 sell orders)
40 XMR between 40 mBTC and 50 mBTC (in 10 sell orders)
...

I call this "Exponential Increasing Sell Off Strategy" Wink
This strategy has the folowing advantages: the higher the exchange rate goes, the lower the "loss" from selling too early.
you never know how high we go. At a certain point, if it becomes obvious that monero will be a "used currency" you can stop selling and just spend the monero. It doesn't really make a difference in this strategy anyway. If you calculate the case where we go towards 0.1 BTC/XMR there is only an average loss of less than 10% from selling "too early".
hero member
Activity: 658
Merit: 503
Monero Core Team

Those that sell 100% are really missing a trick. Sell 10% at 0.012, and then a further 10% at 0.024.
10% of remaining stash. This makes quite a difference. Also, after three doubling, you paid back your expenses, what remains is free money.

http://david.latapie.name/blog/extended-10200-strategy/
full member
Activity: 182
Merit: 100
Based on the charts it looks that XMR price is set to break 0.01BTC at some point in the near future (probably within 10 days).

link/source? & thanks for the prediction. let's hope! Smiley

I HOPE THAT
legendary
Activity: 3570
Merit: 1959
Based on the charts it looks that XMR price is set to break 0.01BTC at some point in the near future (probably within 10 days).

link/source? & thanks for the prediction. let's hope! Smiley
sr. member
Activity: 252
Merit: 250
Thanks owl... gonna try it out... Getting ready for a big day 2morow at mintpal Smiley


no prob. if you have issues, see page back or two where you need to make smaller payments due to pool dust (whatever that is - ELI5 anyone?)

also, what's the big thing about mintpal tomorrow? are they starting exchanging xmr?...  thanks! Smiley

I dont think "pool dust" has been explained for a while, and Zone117x has released a major update today which should fix the problem but will probably result in more questions, so here goes:

The Monero mining pools (95% which use the same underlying code, Minergate being the major exception) were configured to pay miners after each block they mined had matured. This ensured that minimum funds were held in pool wallets and no concerns about maintaining balances for miners. Unfortunately there were a few big pools with about 80% of the network hash between them, at least 2-3000KH/sec, and many small miners also mining at them with a small hash, e.g. 50H/sec. Therefore the payout they received for each block was 0.05/3000 = 0.0016% of the block reward, about 0.00025XMR. After mining for 2 days that would total up to about 0.2XMR in Mr Small Miner's wallet, so they wants to go and transfer it to an exchange so they can sell it. What they don't realise is that the anonymous way Monero works means that they dont actually have 0.2XMR in their wallet, they have something like 700 * 0.00025XMR chunks. The standard transaction only has room for a couple of thousand XMR chunks, irrespective of their actual value, so you can see how those "dust" payments start creating problems....
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
Based on the charts it looks that XMR price is set to break 0.01BTC at some point in the near future (probably within 10 days).
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
I have rented an XMR miner, I am not too familiar with this coin. Am I getting a good deal?

1025 hashes per second for .0017 BTC an hour

EC2 c3.8xlarge spot instances are ~610 hps (raw at host) for $0.26 (0.00043 btc) per hour.  I think "no".
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Thanks.  Someday when I hold my grandchildren on my knee I hope to tell them I did a very small thing to help them live in a world where freedom is still available.

You keep on doing that big thing.  And I will keep testing new features.  Wink

You rock.
legendary
Activity: 3570
Merit: 1959
how do I paste the address which I have copied into the command prompt ? The CTRL + V don't work

left click on the top of the cmd.exe window - select edit - you will /should see sub option for paste.

google for more info - it was also discussed/linked to a few pages back.
legendary
Activity: 3570
Merit: 1959
Thanks owl... gonna try it out... Getting ready for a big day 2morow at mintpal Smiley


no prob. if you have issues, see page back or two where you need to make smaller payments due to pool dust (whatever that is - ELI5 anyone?)

also, what's the big thing about mintpal tomorrow? are they starting exchanging xmr?...  thanks! Smiley
sr. member
Activity: 364
Merit: 250
how do I paste the address which I have copied into the command prompt ? The CTRL + V don't work
sr. member
Activity: 364
Merit: 250
Thanks owl... gonna try it out... Getting ready for a big day 2morow at mintpal Smiley
legendary
Activity: 3570
Merit: 1959
Can someone tell me how to deposit my monero into bittrex ?


from simplewallet?

transfer 0 address amount paymentid


(From https://bitcointalksearch.org/topic/m.6787523 , however, in your case, you must include the paymentid for bittrex after the amount to xfer).

cheers
sr. member
Activity: 364
Merit: 250
Can someone tell me how to deposit my monero into bittrex ?
hero member
Activity: 714
Merit: 504
Quiet before the storm?

selloff you mean? wth happened today?!!

You cant expect a coin to raise its price every day...Corrections happen. Weak hands gettin out...

Those that sell 100% are really missing a trick. Sell 10% at 0.012, and then a further 10% at 0.024.
legendary
Activity: 3570
Merit: 1959
Does anyone knows how much time it takes to receive a deposit in bter?

I am waiting for 90 minutes already, is it normal?

not sure tbh, it seems to vary quite a bit from what I've seen, but i had one take at least 2 hours the other day, but it was payment from a pool to simplewallet.
hero member
Activity: 728
Merit: 500
Activity: yes
Does anyone knows how much time it takes to receive a deposit in bter?

I am waiting for 90 minutes already, is it normal?
legendary
Activity: 3570
Merit: 1959
Quiet before the storm?

selloff you mean? wth happened today?!!

You cant expect a coin to raise its price every day...Corrections happen. Weak hands gettin out...

lol, i know , i was just kind of shocked to see how far it dumped today alone, wasn't sure if it was because of anything in particular.

edit - i should get out while i'm ahead, as i would with most other coins, but this one has me holding. I hope im not alone. Smiley
hero member
Activity: 796
Merit: 505
Hi,

http://monero.graymines.net/ - new pool updated to latest code, please join, spread hashrate :-)

legendary
Activity: 1428
Merit: 1001
getmonero.org
Quiet before the storm?

selloff you mean? wth happened today?!!

You cant expect a coin to raise its price every day...Corrections happen. Weak hands gettin out...
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