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Topic: [XMR] Monero Speculation - page 1039. (Read 3314350 times)

sr. member
Activity: 434
Merit: 250
October 02, 2016, 08:59:26 AM
 Cheesy Cheesy Cheesy

TrueCryptonaire, everyone here -except you and maybe some retards- realise that Oasis did an exit scam.

So people now should much take care a lot if they listen to someone like you who totally denies facts like this. I bet you bought to much at high price and miscalculated the development totally.

Moreover you claim you have tons of XRM in account but are not willing to proof it to the community, to us all.

btw: I pay you 10 XRM if you make proof of your claims. I can transfer it to someone here that it is in escrow if you want.

And the board of AlphaBay for example has not even one positive withdraw confirmation about XMR.
legendary
Activity: 1092
Merit: 1000
October 02, 2016, 08:51:20 AM
@TrueCryptonaire

You are talking FUD about reality and just ignore it.

1. OASIS did exit scam
2. Coin price is falling
3. AlphaBay qoutes are from the market itself.

Anyone can check it and you still talking shit and claim that this is FUD.

Another AlphaBay Message:

Quote
I really support the implementation of XMR, this coin is so superior to BTC and it safes me tons of money because i dont have to tumbl coins. But im bit afraid of the withdrawels complaints. Especially after oasis did an exit scam recently and i never received my XMR which i got as a vendor there. Does anyone here ever received their coins?

1. You are pretty much the only person telling us OASIS did exit.
2. Coin price falls because there are so many shorts taken (look at the lending markets).
3. You are bringing some vague quotes from AlphaBay.

As I said earlier, the exits of DNM are now in the price of Monero. The price reached over 0.02 in the rally as a result of the announcement. Now we have 50 % discount on that price so it is an indication that there are some problems. If it appears to be FUD spread by you only, the price should go back to over 0.02. If it ends up being the truth, then it should not have any further impact on the price.
Still I am holding my bags and if you necessarily want to increase your short position, there are my bids waiting for you to sell me. Bear in mind, I am not giving those coins back to you for lower price though so if you want to rebuy those coins you need to throw some paper bills (I have currently 4 bids).  Wink
sr. member
Activity: 434
Merit: 250
October 02, 2016, 08:41:23 AM
@TrueCryptonaire

You are talking FUD about reality and just ignore it.

1. OASIS did exit scam
2. Coin price is falling
3. AlphaBay qoutes are from the market itself.

Anyone can check it and you still talking shit and claim that this is FUD.

Another AlphaBay Message:

Quote
I really support the implementation of XMR, this coin is so superior to BTC and it safes me tons of money because i dont have to tumbl coins. But im bit afraid of the withdrawels complaints. Especially after oasis did an exit scam recently and i never received my XMR which i got as a vendor there. Does anyone here ever received their coins?
legendary
Activity: 1456
Merit: 1000
October 02, 2016, 08:18:35 AM
The zcash founders reward is an easy line of attack against that project. A targeted campaign along that front will reduce the impact of the zcash launch on the xmr price.

Be interested to see when that attack will begin in earnest.
legendary
Activity: 2268
Merit: 1141
October 02, 2016, 07:54:28 AM
Dev meeting in approximately 3 hours (16:00 UTC). Dev meeting will be held at #monero-dev on freenode.

https://www.reddit.com/r/Monero/comments/55i31k/dev_meeting_in_approximately_3_hours_1600_utc_dev/



Kovri (I2P) dev meeting in approximately 4 hours (17:00 UTC). Dev meeting can be followed at #monero-dev on freenode.

https://www.reddit.com/r/Monero/comments/55i3ie/kovri_i2p_dev_meeting_in_approximately_4_hours/
legendary
Activity: 1092
Merit: 1000
October 02, 2016, 07:24:30 AM
I think there is a lot of FUD created by NRG.

That being said, Monero is now at the level which is natural level considering simply monetary values. Marketcap is something like 100 million usd (give or take).
At this point Monero is lucrative for bigger money to enter. I think Monero has one of the best use cases in long term storage of value because of superior anonymity.
Dark markets are great and they are only the first step. Price is now good even without darkmarkets (I do not think Monero's fair value is around the same as it was in June-July this year).
The correction to 0.01 might take place (or not). However, looking at the lending markets, there is a lot of buying power coming from there as around 150 000 XMR has disappeared from Monero lending markets. Sure some of them can be due to withdrawals but certainly a large portion of them are in shorting purposes.
I am speculating that NRG has taken a significiant short position and now he is just FUDing so that he can cover his position.

---------------------------------------------------------------------------

I am a strong advocate of Monero OTC trading. I think for NRG it is better to do something profitable and sell Moneros OTC.
I made like 1-2 hours ago a calculation that you could buy 142632 XMR for market order of 2003 which pushed the price to 0.01563.
That gives you an average price of 2003btc/142632 XMR = 0.014 BTC/XMR.
If you the coins to your customer at the max price you bought you would be making something like 10+ % margin.
The challenge of course is to find buyers like this but I think there are some inflation concerned investors in German speaking countries.  Wink

sr. member
Activity: 419
Merit: 250
October 02, 2016, 07:16:13 AM
A little TA, there is a strong bullish divergence on RSI at 1h.
legendary
Activity: 2744
Merit: 1288
October 02, 2016, 06:48:57 AM

I'm also a bit conserned about the emission curve of monero, which seems a bit intense to me. I mean most monerojs are in the hands of a few, and they themself can manipulate the market as they please.

Monero since the beginning has had a relatively large trade volume which doesn't seem to indicate that most monerojs are in the hands of a few.


Well again, most early adopters have a huge stach of XMR theres no question about that in my opinion due to low price (before the rise) and a high emission curve.

Furthermore I dont suspect that the userbase of XMR is that large at this point in time. Maybe just 0,0001 % of the total userbase of Bitcoin.

Ofc the userbase is not that large compared to btc, nobody ever claimed it to be but at least you could make a realistic wild guess.
Maybe 0.0001%?  Then according to this, https://bitcointalk.org/index.php?topic=1628738.0;viewResults
there are less than 2 million btc users.  Multiply that by 0.0001% = <20 Monero users.  


Next assertion; Most early adopters have a huge stash.  
What is a huge stash?  Maybe 100k or more?  If there are 100 early adopters then that accounts all the coins.  Now you say that because of the low price the early adopters could buy cheap.  But the coins were cheap for 2 years.  When I started buying over 2 years ago the price was stable at around 0.004 and 1 1/2 years later it was 0.001
So for 2 years people could become early adopters due to the fact of the emissions schedule.  Much different than you stating the emissions curve only allowed a few to get huge amounts.

I have more coins than ever and nowhere near a huge amount.  Some of us are poor.  



Well maybe you are right.


I think that most that right now try to manipulate market, joined in 2016. They got cheap coins, then sold them as high as they could and now try to FUD Monero and rebuy back and enter as low as they can to sell again in 2017.


From the AlphaBay Board



link?
sr. member
Activity: 434
Merit: 250
October 02, 2016, 06:37:42 AM
From the AlphaBay Board

Quote
Are monero withdrawals broken? The first time I tried to withdraw, it failed, so I opened a support ticket... @Admin placed the failed withdrawal amount back into my account. Pretty cool.

So, then I tried to withdraw this again, but the same thing happened, monero not received and not in my account anymore again. So, I submitted another support request. But now it got closed without resolve.

I don't want to push your patience @Admin, but what about my money.. If anyone is wondering then yes, I did submitted a valid wallet address and payment id.

I really hope thats not going to be an exit scam like OASIS did

Quote
You know what: keep the XMR, it's a donation for Alphabay (and ok, not that much anyway, but still...) I just hope that this problem I had regarding withdrawals gets fixed. It sucks when your money disappears.

So what I was worried about AB seems not to be so spectulative....
legendary
Activity: 1092
Merit: 1000
October 02, 2016, 04:15:35 AM
So you guys do not want to dump it any further? I still have 3 bids untouched and I am ready to put some more in case you need bitcoins.
legendary
Activity: 1092
Merit: 1000
October 02, 2016, 03:52:26 AM
Deutsche Bank issue is "easily" solved. There are at least two possibilities in my opinion.
First being let the government take it over, stabilize it and then sell it back to the markets at top dollar.
Second way is simply issue new shares to boost the equity.
legendary
Activity: 1484
Merit: 1029
October 02, 2016, 03:24:22 AM
@starmman

Im curious if the BTC run is related to the US election or to the news about deutsche bank and some concerns about a new FC..you know more?

It's quite common that large news items have a impact on trading volumes/levels. When one market or system is under-threat people gravitate to safe havens, traditionally save havens have been gold and the Yen. BTC is starting to have positive price trends during periods of financial uncertainty - the last peak was around the time of the brexit for example. That said, this is a speculation thread - so make up your own conclusions =)

When determining position on a trade for bitcoin, I personally value current affairs as much as the price indicators.

A lot of the Deutsche Bank fears are reducing now - so the impact to the BTC price may be less.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
October 02, 2016, 12:31:17 AM
@smoothie
Low volume in selling? What is low volume for you please?

ps. why everyone starts to fight about changing oppionions. In this market its totally common that things are changing and so the POV.

If Amazon tomorrow announces to implement XMR i change again to buy btw. Wink

But still i wonder what happens if the last support above 100 breaks

pps. i still claim that XMR has a good future due to ransomware demands. But as i said this effect takes more than 6 month.

@starmman

Im curious if the BTC run is related to the US election or to the news about deutsche bank and some concerns about a new FC..you know more?




                                      High volume ^                                                               Low volume ^


I think it's pretty self-explanatory, very clear....

Concerning your flip flopping on your perspective, it is very short term from what I gather if you are bullish one hour then 6 hours later you are bearish.

Bigger picture....
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
October 01, 2016, 10:30:55 PM
The down side to the higher price is that it is more expensive to acquire.

The upside is that higher price opens up new use cases.
The price is probably not even high enough yet to support serious DNM uses so if that happens there will be upward pressures.

Bitcoin and its transparency are more suited to government, charity, and community use cases, Monero more to banking and private enterprises.  There is a very long way to go for both of these.  In development, in valuation, and in adoption.

This is just the very early beginning.
legendary
Activity: 1722
Merit: 1217
October 01, 2016, 10:28:21 PM
Either you guys are fucking psychic, lucksacks, or the graphs were right,
because it seems like we've hit the bottom at 0.012.
If I had a million dollars I would probably spend half of it on Monero right now and laugh all the way to the bank as the price climbed back up over the next couple months.

Yea me too. If I had a million dollars I would dump half in monero. And then I would lose it all. But I would do it none the less.
sr. member
Activity: 434
Merit: 250
October 01, 2016, 10:26:30 PM
Either you guys are fucking psychic, lucksacks, or the graphs were right,
because it seems like we've hit the bottom at 0.012.
If I had a million dollars I would probably spend half of it on Monero right now and laugh all the way to the bank as the price climbed back up over the next couple months.
sr. member
Activity: 522
Merit: 266
October 01, 2016, 10:08:04 PM
if only monero will follow similar patterns as bitcoin... all of us who is trying to get every single cheap coin will be ok. Yes, at this momen i feel pain, and a lot of my friends as well. But when it will get to the desired point haha ...we will see... permabul here.

 yeah thats where I am at. Ultimately it is playing out exactly as I expected if it is indeed the real thing. Violent jolts in all sorts of directions as the beast comes to life. To quote FranknFurter: Come up to the lab and see whats on the slab.....

soon the first chain analysis results will cause mayhem in bitcoin's murky end of the pool. Tumblers? You really want to tumble your weed money with someone tumbling btc sourced from hideous shit? I mean the pool of tumble btc available is likely to be from rather murky sources in many cases so that makes the whole mixer thing a bit illogical to me. So XMR for the win methinks. With the expected growing pain and grazed knee.....
legendary
Activity: 3570
Merit: 1959
October 01, 2016, 10:00:54 PM
if only monero will follow similar patterns as bitcoin... all of us who is trying to get every single cheap coin will be ok. Yes, at this momen i feel pain, and a lot of my friends as well. But when it will get to the desired point haha ...we will see... permabul here.

+100 cryptonic, same here! Hodl is the best bet. stop checkng price. Once gui and ringct arrives, all will be good again. Us early adopters can withstand this dump!  Cool
full member
Activity: 168
Merit: 101
Physical Monero coins
October 01, 2016, 09:58:12 PM
if only monero will follow similar patterns as bitcoin... all of us who is trying to get every single cheap coin will be ok. Yes, at this moment i feel pain, and a lot of my friends as well. But when it will get to the desired point haha ...we will see... permabul here.
newbie
Activity: 55
Merit: 0
October 01, 2016, 08:57:18 PM
Still holding
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