[XMR] Monero Speculation - page 1020.

N-rG

sr. member

Activity: 434

Merit: 250

Quote from: BitcoinNewsMagazine on October 06, 2016, 02:49:57 PM

Quote from: N-rG on October 06, 2016, 01:06:41 PM

I dont know...the market is actually not so hard to rumble. Maybe i think to easy, but thats what i thought:

After the FUD Campaign it is somehow given by nature that the coin cannot get under more pressure having in mind that panic sells were happening for 3 weeks.

Moreover the coin was before the announcement of Alphabay at something 0.005 (can we agree?)

For sure 0.005 would never happen again. So the worse point could be at 0.0085.

Take: y = mx+t
The negative slope was already decreasing at ~104, faster and faster. For me the final bottom was next to --> BUY.

Actually the FUD campaign made things a lot more easy here Cool

Whats your oppinion about that @BitcoinNewsMagazine?

I am wary as a double bottom might just happen. Then again it might not but the daily volume on the sell off on Oct 4 was not that high. Some bad news could cause another sell off. Looking at the daily chart impresses as a coin that has not found a bottom yet so I am in no rush to reload.

suits, mhm?

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: smooth on October 06, 2016, 02:49:12 PM

Quote from: smoothie on October 06, 2016, 02:42:09 PM

Quote from: ArticMine on October 06, 2016, 01:27:56 PM

Here is a very interesting article by the Electronic Frontier Foundation on "How Big Pharma's Shadow Regulation Censors the Internet" https://www.eff.org/deeplinks/2016/09/how-big-pharmas-shadow-regulation-censors-internet The article does not mention Monero at all but it does identify the role of shadow regulation in censoring payment processors. In this case to deny medicines at an affordable price to people in need for the furtherance of corporate greed and the "protection of intellectual property". When dealing with pharmaceuticals this can in many cases be a matter of life and death.

A fungible, private and anonymous, crypto currency that is not constrained by artificial limits on the number transactions per second, can actually save people's lives.

At the payment processor level, yes they would not be able to censor monero payments.

But there still exists the issue of censoring actual domain names and confiscation at the border when importing these prescription drugs.

Thanks for the article, I had not known of such ridiculous laws. But i'm not surprised either.

Apparently confiscation is not the major issue, payments and domains/hosting/blocking of sites are:

Quote

In practice however, discretionary guidelines developed by the Food and Drug Administration (FDA) and enforced by the CBP allow American consumers to import a 90-day supply of some prescription medications for personal use, including by bringing them across border checkpoints in personal luggage, or by mailing them from overseas.

I guess the "major issue" must be defined by each individual as the quote you posted claims that some prescription medications are allowed to be imported in 90-day supply amounts.

Not sure how much is "some".

Trade wars between countries has begun and will likely accelerate over the coming years. Such a barrier at the border/customs will likely only get worse as world trade unravels due to global recession.

Febo

legendary

Activity: 2744

Merit: 1288

Quote from: dEBRUYNE on October 06, 2016, 02:34:35 PM

The minimum fee decreased from 0.01 XMR per kB to 0.002 XMR per kB today!

https://www.reddit.com/r/Monero/comments/564hci/the_minimum_fee_will_decrease_from_001_xmr_per_kb/

I wonder what needs to happen that Poloniex change their withdrawal fee to be less then 20 times expensive as withdrawing BTC.

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

Quote from: N-rG on October 06, 2016, 01:06:41 PM

I dont know...the market is actually not so hard to rumble. Maybe i think to easy, but thats what i thought:

After the FUD Campaign it is somehow given by nature that the coin cannot get under more pressure having in mind that panic sells were happening for 3 weeks.

Moreover the coin was before the announcement of Alphabay at something 0.005 (can we agree?)

For sure 0.005 would never happen again. So the worse point could be at 0.0085.

Take: y = mx+t
The negative slope was already decreasing at ~104, faster and faster. For me the final bottom was next to --> BUY.

Actually the FUD campaign made things a lot more easy here Cool

Whats your oppinion about that @BitcoinNewsMagazine?

I am wary as a double bottom might just happen. Then again it might not but the daily volume on the sell off on Oct 4 was not that high. Some bad news could cause another sell off. Looking at the daily chart impresses as a coin that has not found a bottom yet so I am in no rush to reload.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: smoothie on October 06, 2016, 02:42:09 PM

Quote from: ArticMine on October 06, 2016, 01:27:56 PM

Here is a very interesting article by the Electronic Frontier Foundation on "How Big Pharma's Shadow Regulation Censors the Internet" https://www.eff.org/deeplinks/2016/09/how-big-pharmas-shadow-regulation-censors-internet The article does not mention Monero at all but it does identify the role of shadow regulation in censoring payment processors. In this case to deny medicines at an affordable price to people in need for the furtherance of corporate greed and the "protection of intellectual property". When dealing with pharmaceuticals this can in many cases be a matter of life and death.

A fungible, private and anonymous, crypto currency that is not constrained by artificial limits on the number transactions per second, can actually save people's lives.

At the payment processor level, yes they would not be able to censor monero payments.

But there still exists the issue of censoring actual domain names and confiscation at the border when importing these prescription drugs.

Thanks for the article, I had not known of such ridiculous laws. But i'm not surprised either.

Apparently confiscation is not the major issue, payments and domains/hosting/blocking of sites are:

Quote

In practice however, discretionary guidelines developed by the Food and Drug Administration (FDA) and enforced by the CBP allow American consumers to import a 90-day supply of some prescription medications for personal use, including by bringing them across border checkpoints in personal luggage, or by mailing them from overseas.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: ArticMine on October 06, 2016, 01:27:56 PM

Here is a very interesting article by the Electronic Frontier Foundation on "How Big Pharma's Shadow Regulation Censors the Internet" https://www.eff.org/deeplinks/2016/09/how-big-pharmas-shadow-regulation-censors-internet The article does not mention Monero at all but it does identify the role of shadow regulation in censoring payment processors. In this case to deny medicines at an affordable price to people in need for the furtherance of corporate greed and the "protection of intellectual property". When dealing with pharmaceuticals this can in many cases be a matter of life and death.

A fungible, private and anonymous, crypto currency that is not constrained by artificial limits on the number transactions per second, can actually save people's lives.

At the payment processor level, yes they would not be able to censor monero payments.

But there still exists the issue of censoring actual domain names and confiscation at the border when importing these prescription drugs.

Thanks for the article, I had not known of such ridiculous laws. But i'm not surprised either.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

"TuxExchange has now listed XMR! Come check us out!"

https://www.tuxexchange.com/trade?coin=XMR&market=BTC

"Monero Developer Riccardo Spagni: Monero is Still in "Make It Work" Phase"

https://cointelegraph.com/news/monero-developer-riccardo-spagni-monero-is-still-in-make-it-work-phase

The official Monero forum is back online!

https://forum.getmonero.org/

The minimum fee decreased from 0.01 XMR per kB to 0.002 XMR per kB today!

https://www.reddit.com/r/Monero/comments/564hci/the_minimum_fee_will_decrease_from_001_xmr_per_kb/

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: adolf512 on October 06, 2016, 12:58:01 PM

Quote from: Dafar on October 06, 2016, 12:45:46 PM

Getting rich quick is always risky.

When XMR was $0.50 no one knew it would get so far. You would still have to risk a few thousand dollars to ride the rally to $10/XMR and become rich

Yes this is why i hesitated to buy, now the price is 4x but we also know that xmr is getting accepted and not any other anonymous currency(actually i was not that into xmr) but now i have to risk maybe 10000$ to be able to get rich. Still not sure if i will spend 7000$ buying even more xmr, especially not if the price continue up(less xmr for my money).

trust me ,its still VERY cheap at current prices .......
ive been early on most of the good trains starting with btc and XMR is not the usual P+D garbage
get it or regret it as they say .....when it hits 0.02 you will be too late because it will reach a new ATH

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Here is a very interesting article by the Electronic Frontier Foundation on "How Big Pharma's Shadow Regulation Censors the Internet" https://www.eff.org/deeplinks/2016/09/how-big-pharmas-shadow-regulation-censors-internet The article does not mention Monero at all but it does identify the role of shadow regulation in censoring payment processors. In this case to deny medicines at an affordable price to people in need for the furtherance of corporate greed and the "protection of intellectual property". When dealing with pharmaceuticals this can in many cases be a matter of life and death.

A fungible, private and anonymous, crypto currency that is not constrained by artificial limits on the number transactions per second, can actually save people's lives.

N-rG

sr. member

Activity: 434

Merit: 250

I dont know...the market is actually not so hard to rumble. Maybe i think to easy, but thats what i thought:

After the FUD Campaign it is somehow given by nature that the coin cannot get under more pressure having in mind that panic sells were happening for 3 weeks.

Moreover the coin was before the announcement of Alphabay at something 0.005 (can we agree?)

For sure 0.005 would never happen again. So the worse point could be at 0.0085.

Take: y = mx+t
The negative slope was already decreasing at ~104, faster and faster. For me the final bottom was next to --> BUY.

Actually the FUD campaign made things a lot more easy here Cool

Whats your oppinion about that @BitcoinNewsMagazine?

adolf512

full member

Activity: 532

Merit: 101

Quote from: Dafar on October 06, 2016, 12:45:46 PM

Getting rich quick is always risky.

When XMR was $0.50 no one knew it would get so far. You would still have to risk a few thousand dollars to ride the rally to $10/XMR and become rich

Yes this is why i hesitated to buy, now the price is 4x but we also know that xmr is getting accepted and not any other anonymous currency(actually i was not that into xmr) but now i have to risk maybe 10000$ to be able to get rich. Still not sure if i will spend 7000$ buying even more xmr, especially not if the price continue up(less xmr for my money).

Dafar

legendary

Activity: 1330

Merit: 1000

dafar consulting

Quote from: adolf512 on October 06, 2016, 12:42:20 PM

Quote from: cryptimus prime on October 06, 2016, 12:31:16 PM

I bought most of the Monero at the price of 0.50 USD, then at 2 USD and then around 3 USD, but I even bought now additional XMR, don`t know why, greed. Cheesy

I was actually planning to buy below 2$ but i didn't have any bitcoins and when i finally was ready to invest it was too late Angry

i also want to get rich without working but i need another 1000XMR for that which is bloody expensive now(and a bit risky).

N-rg: you=awesome

Getting rich quick is always risky.

When XMR was $0.50 no one knew it would get so far. You would still have to risk a few thousand dollars to ride the rally to $10/XMR and become rich

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: adolf512 on October 06, 2016, 12:42:20 PM

Quote from: cryptimus prime on October 06, 2016, 12:31:16 PM

I bought most of the Monero at the price of 0.50 USD, then at 2 USD and then around 3 USD, but I even bought now additional XMR, don`t know why, greed. Cheesy

I was actually planning to buy below 2$ but i didn't have any bitcoins and when i finally was ready to invest it was too late Angry

i also want to get rich without working but i need another 1000XMR for that which is bloody expensive now(and a bit risky).

N-rG: you=awesome, you wrote earlier you bough several thousand xmr, that's still more than i will be able to afford.

Are you N-rG's alter ego?

adolf512

full member

Activity: 532

Merit: 101

Quote from: cryptimus prime on October 06, 2016, 12:31:16 PM

I bought most of the Monero at the price of 0.50 USD, then at 2 USD and then around 3 USD, but I even bought now additional XMR, don`t know why, greed. Cheesy

I was actually planning to buy below 2$ but i didn't have any bitcoins and when i finally was ready to invest it was too late Angry

i also want to get rich without working but i need another 1000XMR for that which is bloody expensive now(and a bit risky).

N-rG: you=awesome, you wrote earlier you bough several thousand xmr, that's still more than i will be able to afford.

N-rG

sr. member

Activity: 434

Merit: 250

After reading the post of a user who said he switched to monero vendors I somehow just regret that i didnt buy more at < 0.0100 but who knows if there is another opportunity hehe Cheesy

(but i doubt with the coming weekend)

cryptimus prime

hero member

Activity: 493

Merit: 551

Quote from: adolf512 on October 06, 2016, 11:34:08 AM

damm i should have spended the last 0.3btc i had when the price was 0.0103 (had an order 3% lower that never got filled). I keep making stupid decisions while trading but i am still in the green zoon for monero, i will not sell now. Obviously xmr will continue up, people freaked out about the fud article and i saved at least 400$. But now i hate myself over not buying more, i guess i will never be satisfied..

It doesn't matter which anonymous currency that it best, monero will win due to network effect(similar to btc vs alts) i guess we will begin to see a lot of people losing money buying monero alts now.

I bought most of the Monero at the price of 0.50 USD, then at 2 USD and then around 3 USD, but I even bought now additional XMR, don`t know why, greed. Cheesy

madmario

newbie

Activity: 13

Merit: 0

Quote from: Anon136 on September 25, 2016, 08:15:16 PM

Quote from: aminorex on September 25, 2016, 08:09:18 PM

Secret canaries, exchanged amongst the core on a p2p basis would defend against many cases.

I learn so much from your posts.

lool

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: N-rG on October 06, 2016, 11:43:59 AM

Seems like vendors get sooner or later forced to use monero when they dont want to lose their customers

Now I like your tone.

N-rG

sr. member

Activity: 434

Merit: 250

Seems like vendors get sooner or later forced to use monero when they dont want to lose their customers

adolf512

full member

Activity: 532

Merit: 101

damm i should have spended the last 0.3btc i had when the price was 0.0103 (had an order 3% lower that never got filled). I keep making stupid decisions while trading but i am still in the green zoon for monero, i will not sell now. Obviously xmr will continue up, people freaked out about the fud article and i saved at least 400$. But now i hate myself over not buying more, i guess i will never be satisfied..

It doesn't matter which anonymous currency that it best, monero will win due to network effect(similar to btc vs alts) i guess we will begin to see a lot of people losing money buying monero alts now.

Topic: [XMR] Monero Speculation - page 1020. (Read 3314350 times)