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Topic: [XMR] Monero Speculation - page 1081. (Read 3314330 times)

full member
Activity: 231
Merit: 100
September 14, 2016, 09:43:38 PM

When Monero reaches the parity with bitcoin and goes beyond, please do not come here to post bearish posts.

1. I'd be way too rich if that happens
2. I'm not making bearish posts


It's a risky game you are playing. Your calls are gambling, nothing else. I think many with the same mindset were locked out for good after selling at 008 thinking that this was for sure the top and they would rebuy lower.

I hope the same happens to you, cuz I don't like your condescending tone towards investors/holders, you need to accept that not everyone is a trader.
And nobody gives a fuck about the success of your trades, so take your boasting somewhere else.


Agreed, but when you have 90% permabulls someone needs to balance things out. And I'm not even bearish on monero longterm

+1
As somewhat monero (quiet)  supporter almost from the begining, I really appreciate your posts here to temper the somewhat over-enthousiast tone.



In the beginning of the thread I was being called out for "trolling against Monero" https://bitcointalksearch.org/topic/m.8506015 .

I'm extremely positive about Monero (only crypto I hold next to Bitcoin.  in total I only ever held 4 different cryptos (PPC and LTC are the others)). I was just calling out that even Monero is pseudo-anonymous (although vastly better than Bitcoin) and that theoretically zo-proof theorems are superior (although there isn't yet a practical way to initialize in a trust-less manner).

It happens when people get over enthusiastic and overly attacked by retards. They start to think that every counter argument is bad.

That doesn't really count when you see who the poster who replied to you was. Cheesy Cheesy Cheesy
hero member
Activity: 742
Merit: 501
September 14, 2016, 09:21:31 PM
Looks like 0.016 is being defended well. Don't see .015 re-entry especially with all the news coming out of everywhere. Ideally the new floor from this whole DNM run should have been 0.02 to give XMR a lot more visibility and welcoming merchants, but this coin has attracted more greedy regulars than any coin I have seen in my time in Bitcointalk.

Like Adam Sandler said "What is wrong with you people"?  Lips sealed

Who exactly are you accusing?  Markets market.  We would rather have that than the opposite.  Greedy regulars are not causing this correction.  >500℅ rise over a few weeks is.

I didn't mean you and it's OK to feel defensive. No one should feel defensive. You know you have contributed a lot to Monero in terms of this thread, so there is nothing to feel guilty about and hey if some moron wants to be taken advantage of, then you should help them, right? I am not sure but I think you have contributed to the development of Monero in terms of contributing to the codebase, helping newcomers, donating to the development, bringing awareness etc etc. You probably have shined the most in terms of helping noobs not lose their money by giving free trading advice, posting charts and telling this thread what needs to be done in terms of trading. I don't know why the entire thread is not saying they are indebted to you forever.

You know XMR didn't have to rise by 500%, if *that* is the reason that there "needs" to be a correction. Plenty of scamcoins didn't have any reason to but with the rise in prices by a disciplined community they were able to attract developers, marketeers and a thriving community while Monero was busy staying in the gutter. At that time no one was here to help the newbies  Cry
 

Monero did need to rise by 500%.  Did it have to do it overnight?  No, it should have done it gradually over the last year or two to be ready on time.  Sometimes when running late, one must go faster in order to catch up.  When going faster, often a breather is required before resuming faster.  Eventually, when going faster, one overshoots the destination.  That's not yet, BTW.
 

  Volume (heart rate?) under 7500.  Seems a fairly deep correction off of 115000.  Ready to start running again?  I know it's not the weekend, but...

edit:

Shorters starting to do their thing again...


Yah "they" will do their thing. Seems like something *you* have never done before  Roll Eyes

Good idea to really have some DASH/Darkcoin on the side till this settles down if only because the number of "they" is a LOT less than this pile of gold here that need not be missed.

I am surprised that the entirety of DNM hasn't decided to get rid of Monero just yet, but will not be surprised if it happens.
legendary
Activity: 2016
Merit: 1259
September 14, 2016, 08:51:47 PM
Looks like 0.016 is being defended well. Don't see .015 re-entry especially with all the news coming out of everywhere. Ideally the new floor from this whole DNM run should have been 0.02 to give XMR a lot more visibility and welcoming merchants, but this coin has attracted more greedy regulars than any coin I have seen in my time in Bitcointalk.

Like Adam Sandler said "What is wrong with you people"?  Lips sealed

Who exactly are you accusing?  Markets market.  We would rather have that than the opposite.  Greedy regulars are not causing this correction.  >500℅ rise over a few weeks is.

I didn't mean you and it's OK to feel defensive. No one should feel defensive. You know you have contributed a lot to Monero in terms of this thread, so there is nothing to feel guilty about and hey if some moron wants to be taken advantage of, then you should help them, right? I am not sure but I think you have contributed to the development of Monero in terms of contributing to the codebase, helping newcomers, donating to the development, bringing awareness etc etc. You probably have shined the most in terms of helping noobs not lose their money by giving free trading advice, posting charts and telling this thread what needs to be done in terms of trading. I don't know why the entire thread is not saying they are indebted to you forever.

You know XMR didn't have to rise by 500%, if *that* is the reason that there "needs" to be a correction. Plenty of scamcoins didn't have any reason to but with the rise in prices by a disciplined community they were able to attract developers, marketeers and a thriving community while Monero was busy staying in the gutter. At that time no one was here to help the newbies  Cry
 

Monero did need to rise by 500%.  Did it have to do it overnight?  No, it should have done it gradually over the last year or two to be ready on time.  Sometimes when running late, one must go faster in order to catch up.  When going faster, often a breather is required before resuming faster.  Eventually, when going faster, one overshoots the destination.  That's not yet, BTW.
 

  Volume (heart rate?) under 7500.  Seems a fairly deep correction off of 115000.  Ready to start running again?  I know it's not the weekend, but...

edit:

Shorters starting to do their thing again...
hero member
Activity: 1874
Merit: 840
Keep what's important, and know who's your friend
September 14, 2016, 07:59:26 PM

Lol epic!!

What movie is this from?


One of my favorites... Caddy Shack
hero member
Activity: 742
Merit: 501
September 14, 2016, 07:39:14 PM
Looks like 0.016 is being defended well. Don't see .015 re-entry especially with all the news coming out of everywhere. Ideally the new floor from this whole DNM run should have been 0.02 to give XMR a lot more visibility and welcoming merchants, but this coin has attracted more greedy regulars than any coin I have seen in my time in Bitcointalk.

Like Adam Sandler said "What is wrong with you people"?  Lips sealed

Who exactly are you accusing?  Markets market.  We would rather have that than the opposite.  Greedy regulars are not causing this correction.  >500℅ rise over a few weeks is.

I didn't mean you and it's OK to feel defensive. No one should feel defensive. You know you have contributed a lot to Monero in terms of this thread, so there is nothing to feel guilty about and hey if some moron wants to be taken advantage of, then you should help them, right? I am not sure but I think you have contributed to the development of Monero in terms of contributing to the codebase, helping newcomers, donating to the development, bringing awareness etc etc. You probably have shined the most in terms of helping noobs not lose their money by giving free trading advice, posting charts and telling this thread what needs to be done in terms of trading. I don't know why the entire thread is not saying they are indebted to you forever.

You know XMR didn't have to rise by 500%, if *that* is the reason that there "needs" to be a correction. Plenty of scamcoins didn't have any reason to but with the rise in prices by a disciplined community they were able to attract developers, marketeers and a thriving community while Monero was busy staying in the gutter. At that time no one was here to help the newbies  Cry
 
legendary
Activity: 2268
Merit: 1141
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
September 14, 2016, 06:13:23 PM
24 hour volume under 10k btc... next wave imminent.

Great catch, we haven't had a day this slow since Aug 21.

And Aug 22 was the beginning of the XMR mega-boom, err I mean, fundamental value based repricing event.   Cool
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
September 14, 2016, 05:23:28 PM
I'm a bit afraid that the dev team made their cash and are not so much in business to develope the GUI.

I mean i could do this with java in 2 days. I dont unterstand whats their problem here...they have had now 2 years.


Lol epic!!

What movie is this from?

I speculate that monero goes sideways.

Given the world is on the cusp of a financial recession (in my opinion), monero, btc, and precious metals will be a safe haven.

Lots of developments for XMR and with the current stewards of the project I am confident in the direction the project is going in.

GUI or not...
legendary
Activity: 1105
Merit: 1000
September 14, 2016, 05:15:11 PM
Question in regards it to a cold wallet, moneroaddress.

When depositing coins to your cold wallet, you can check to see if you received them. You just have to enter the view key, public address, and tx id on xmr.llcoins.

Now, how can I check if there have been any transactions since you've initially deposited them? Verifying that there hasn't been a hack on your wallet>
There is currently no easy way to do this. However, in the future there might:

https://www.reddit.com/r/Monero/comments/51i0n7/solved_it_hopefully_heres_how_we_can_make_the/
What would be the best currently available (though not easy) way to do this?


First, you'd have to fully sync the blockchain on an online computer. Second, copy simplewallet, bitmonerod, and the blockchain to an USB and plug that into the offline computer. Third, use bitmonerod in offline modus (--offline flag) and it should use the blockchain you have already synced on the online computer. Fourth, use --restore-deterministic-wallet to create a wallet with your seed offline. Lastly, use refresh to sync your wallet. It will refresh up to the last block you have synced online. It should then show all the transactions (both incoming and outgoing) of your offline wallet up to that block.

That's quite an ordeal. I think someone (moneromooo?) was working on a way of getting the key image from a transaction so you can check the spent status using Moneroblocks API... (like Luigi's coin checker)


Note if you are already checking arrival of funds via the checktx page, there's a rather simple way you could generate the key image offline for just the output(s) you care about. This would take only a minute or two and not require syncing the chain or restoring a wallet.

I would need to set up the code to do it though.  Cheesy
hero member
Activity: 795
Merit: 514
September 14, 2016, 05:08:44 PM
24 hour volume under 10k btc... next wave imminent.
legendary
Activity: 1552
Merit: 1047
September 14, 2016, 02:15:37 PM
I'm a bit afraid that the dev team made their cash and are not so much in business to develope the GUI.

I mean i could do this with java in 2 days. I dont unterstand whats their problem here...they have had now 2 years.
legendary
Activity: 1330
Merit: 1000
dafar consulting
September 14, 2016, 01:20:40 PM
The dumps are causing more harm to Monero than benefit. The fact that as someon farts and the price drops 30-40 % as a result is caused by mass human psychology.
The arguments the bears are giving are only two: 1) "Price rose XXX% it has to drop" or 2) "The GUI is postponed, time to dump".

While the arguments of bulls are: More markets are now accepting Monero. More Moneros has been mined than never before until this very moment and thus the inflation is dropping..
Which arguments are stronger - you be the judge.



I don't think the arguments are mutually exclusive. The bear argument in your example is a trader's argument who is trying to use the volatility to scalp profits. There is no law that forces the price to move a certain way when it rises XXX% or vice versa, but there are thousands of traders who are looking at the same chart and using the same indicators to make their moves, it kind of creates a self fulling prophecy that moves these markets in a somewhat predictable fashion-- I'm using somewhat loosely, to say it's predictable would be a lie. The same person who thinks the price will drop over the next week can also think the price will be significantly higher next year. So the bear vs bull argument isn't black/white. If you are a long term holder who doesn't care about the short term fluctuations then you have nothing to worry about.

legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
September 14, 2016, 01:13:53 PM
I do believe that monero is going to be the next bitcoin.

I wonder whether that is bearish or bullish. Can you elaborate?

lol /thread
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
September 14, 2016, 12:56:53 PM
I do believe that monero is going to be the next bitcoin.

I wonder whether that is bearish or bullish. Can you elaborate?
sr. member
Activity: 2828
Merit: 344
win lambo...
September 14, 2016, 12:35:01 PM
Not convinced that his is a return to the bullish uptrend


More like a bull trap before continuing downwards
Quote from: Dafar

Yup...


0.0168 right now though... can we reach 0.018 today? If we can I'm out, I'm more convinced of a BTC spike during the next month over a XMR spike so I don't feel safe holding XMR. Could probably buy back a lot more if I sit on BTC

Lets go morning bump! It's possible that BURST profits are finding its way to a good XMR entry point (~0.016). Dream marketplace following the other DNMs to accept XMR is also great news.. but nothing that should re-ignite a pump. Great news nonetheless, and for the record I get my coke and ecstasy from Dream so it's nice to have an option to pay with XMR now Smiley


Got out at 0.01860 and got back in at 0.01705 with more XMR.


I keep making the best calls ITT while everyone else is like.... "hurr durr hodl for 2 yrs and you'll be rich!" .... "monero is gunna replace bitcoin, derp!"  Wink


I can't wait for the Monero ETF... I'm sure regulators will love how XMR is completely hidden and the currency of choice for DNMs. I mean it only took so long to get them on board with an open public ledger and convince them that btc isn't just internet drug money.



Although my sentiment is changing, I'm surprised at how well XMR is holding up above 0.016.... consolidation? Right now I don't know if it's gonna break up or down. Probably down because all the moon kids are convinced we are going up no matter what (usually when people get rekt). But I think it's worth being in at the risk of a short term dip. At the very least XMR has more utility over LTC and should eventually have a higher market cap.

Looks like accumulation to me similar to Aug 23 to 27th.

I don't put build positions based on what X or Y does or says and I would reconsider strategy if I were you as you will lose sight of the bigger picture.

It is quite possible the Monero is in the accumulation phase again. But it is much riskier than that in August.
legendary
Activity: 1092
Merit: 1000
September 14, 2016, 12:07:18 PM
Not convinced that his is a return to the bullish uptrend


More like a bull trap before continuing downwards
Quote from: Dafar

Yup...


0.0168 right now though... can we reach 0.018 today? If we can I'm out, I'm more convinced of a BTC spike during the next month over a XMR spike so I don't feel safe holding XMR. Could probably buy back a lot more if I sit on BTC

Lets go morning bump! It's possible that BURST profits are finding its way to a good XMR entry point (~0.016). Dream marketplace following the other DNMs to accept XMR is also great news.. but nothing that should re-ignite a pump. Great news nonetheless, and for the record I get my coke and ecstasy from Dream so it's nice to have an option to pay with XMR now Smiley


Got out at 0.01860 and got back in at 0.01705 with more XMR.


I keep making the best calls ITT while everyone else is like.... "hurr durr hodl for 2 yrs and you'll be rich!" .... "monero is gunna replace bitcoin, derp!"  Wink


I can't wait for the Monero ETF... I'm sure regulators will love how XMR is completely hidden and the currency of choice for DNMs. I mean it only took so long to get them on board with an open public ledger and convince them that btc isn't just internet drug money.



Although my sentiment is changing, I'm surprised at how well XMR is holding up above 0.016.... consolidation? Right now I don't know if it's gonna break up or down. Probably down because all the moon kids are convinced we are going up no matter what (usually when people get rekt). But I think it's worth being in at the risk of a short term dip. At the very least XMR has more utility over LTC and should eventually have a higher market cap.

When Monero reaches the parity with bitcoin and goes beyond, please do not come here to post bearish posts.

That is the typical knee jerk reaction when somebody gets out before a surge.

The dumps are causing more harm to Monero than benefit. The fact that as someon farts and the price drops 30-40 % as a result is caused by mass human psychology.
The arguments the bears are giving are only two: 1) "Price rose XXX% it has to drop" or 2) "The GUI is postponed, time to dump".

While the arguments of bulls are: More markets are now accepting Monero. More Moneros has been mined than never before until this very moment and thus the inflation is dropping..
Which arguments are stronger - you be the judge.

full member
Activity: 196
Merit: 100
September 14, 2016, 11:56:48 AM

When Monero reaches the parity with bitcoin and goes beyond, please do not come here to post bearish posts.

1. I'd be way too rich if that happens
2. I'm not making bearish posts


It's a risky game you are playing. Your calls are gambling, nothing else. I think many with the same mindset were locked out for good after selling at 008 thinking that this was for sure the top and they would rebuy lower.

I hope the same happens to you, cuz I don't like your condescending tone towards investors/holders, you need to accept that not everyone is a trader.
And nobody gives a fuck about the success of your trades, so take your boasting somewhere else.


Agreed, but when you have 90% permabulls someone needs to balance things out. And I'm not even bearish on monero longterm
+1
As somewhat monero (quiet)  supporter almost from the begining, I really appreciate your posts here to temper the somewhat over-enthousiast tone.


Always important to hear bull and bear arguments on an investment.
full member
Activity: 196
Merit: 100
September 14, 2016, 11:55:28 AM
Not convinced that his is a return to the bullish uptrend


More like a bull trap before continuing downwards
Quote from: Dafar

Yup...


0.0168 right now though... can we reach 0.018 today? If we can I'm out, I'm more convinced of a BTC spike during the next month over a XMR spike so I don't feel safe holding XMR. Could probably buy back a lot more if I sit on BTC

Lets go morning bump! It's possible that BURST profits are finding its way to a good XMR entry point (~0.016). Dream marketplace following the other DNMs to accept XMR is also great news.. but nothing that should re-ignite a pump. Great news nonetheless, and for the record I get my coke and ecstasy from Dream so it's nice to have an option to pay with XMR now Smiley


Got out at 0.01860 and got back in at 0.01705 with more XMR.


I keep making the best calls ITT while everyone else is like.... "hurr durr hodl for 2 yrs and you'll be rich!" .... "monero is gunna replace bitcoin, derp!"  Wink


I can't wait for the Monero ETF... I'm sure regulators will love how XMR is completely hidden and the currency of choice for DNMs. I mean it only took so long to get them on board with an open public ledger and convince them that btc isn't just internet drug money.



Although my sentiment is changing, I'm surprised at how well XMR is holding up above 0.016.... consolidation? Right now I don't know if it's gonna break up or down. Probably down because all the moon kids are convinced we are going up no matter what (usually when people get rekt). But I think it's worth being in at the risk of a short term dip. At the very least XMR has more utility over LTC and should eventually have a higher market cap.

When Monero reaches the parity with bitcoin and goes beyond, please do not come here to post bearish posts.

That is the typical knee jerk reaction when somebody gets out before a surge.
full member
Activity: 196
Merit: 100
September 14, 2016, 11:53:42 AM
Not convinced that his is a return to the bullish uptrend


More like a bull trap before continuing downwards
Quote from: Dafar

Yup...


0.0168 right now though... can we reach 0.018 today? If we can I'm out, I'm more convinced of a BTC spike during the next month over a XMR spike so I don't feel safe holding XMR. Could probably buy back a lot more if I sit on BTC

Lets go morning bump! It's possible that BURST profits are finding its way to a good XMR entry point (~0.016). Dream marketplace following the other DNMs to accept XMR is also great news.. but nothing that should re-ignite a pump. Great news nonetheless, and for the record I get my coke and ecstasy from Dream so it's nice to have an option to pay with XMR now Smiley


Got out at 0.01860 and got back in at 0.01705 with more XMR.


I keep making the best calls ITT while everyone else is like.... "hurr durr hodl for 2 yrs and you'll be rich!" .... "monero is gunna replace bitcoin, derp!"  Wink


I can't wait for the Monero ETF... I'm sure regulators will love how XMR is completely hidden and the currency of choice for DNMs. I mean it only took so long to get them on board with an open public ledger and convince them that btc isn't just internet drug money.



Although my sentiment is changing, I'm surprised at how well XMR is holding up above 0.016.... consolidation? Right now I don't know if it's gonna break up or down. Probably down because all the moon kids are convinced we are going up no matter what (usually when people get rekt). But I think it's worth being in at the risk of a short term dip. At the very least XMR has more utility over LTC and should eventually have a higher market cap.

Looks like accumulation to me similar to Aug 23 to 27th.

I don't put build positions based on what X or Y does or says and I would reconsider strategy if I were you as you will lose sight of the bigger picture.
legendary
Activity: 1722
Merit: 1217
September 14, 2016, 11:53:31 AM
I quite like the idea of projects where the main dev(s) are holding a single digit percent of the currency supply. Like was previously mentioned, economic incentives. That's just my two cents.
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