[XMR] Monero Speculation - page 1108.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: coinism on September 07, 2016, 12:19:59 PM

Quote from: Blazed on September 07, 2016, 12:15:08 PM

Quote from: RayX12 on September 07, 2016, 12:08:09 PM

Quote from: dEBRUYNE on September 07, 2016, 11:59:53 AM

"Rival darknet cryptocurrency to replace Bitcoin for ransomware merchants, experts say"

http://www.ibtimes.co.uk/rival-darknet-cryptocurrency-replace-bitcoin-ransomware-merchants-experts-say-1580199

yipeeee nice article.

That is not good... I am not sure why you guys are happy with XMR being used for shady stuff. I get that is might raise the price a little, but it will hurt the coin long term imo.

is that not what happened to bitcoin in the early days until present, being used for shady stuff? did it hurt bitcoin iyo?

Frankly, one could've expected this to happen. "Criminals" and other people working in grey areas (e.g. porn) are almost always pioneers with respect to new technology. An example is VHS vs Betamax, where porn contributed to VHS prevailing, see:

https://skeptics.stackexchange.com/questions/3089/vhs-vs-betamax-how-influential-was-the-pornography-industry-in-the-format-war

EDIT: To add, similiarly, cash is also used for a lot of illegal stuff.

alphahacktivist

full member

Activity: 235

Merit: 100

Quote from: owlcatz on September 07, 2016, 12:23:47 PM

Quote from: alphahacktivist on September 07, 2016, 12:20:27 PM

Quote from: Blazed on September 07, 2016, 12:15:08 PM

Quote from: RayX12 on September 07, 2016, 12:08:09 PM

Quote from: dEBRUYNE on September 07, 2016, 11:59:53 AM

"Rival darknet cryptocurrency to replace Bitcoin for ransomware merchants, experts say"

http://www.ibtimes.co.uk/rival-darknet-cryptocurrency-replace-bitcoin-ransomware-merchants-experts-say-1580199

yipeeee nice article.

That is not good... I am not sure why you guys are happy with XMR being used for shady stuff. I get that is might raise the price a little, but it will hurt the coin long term imo.

i think we are back to 0.01 if we are lucky else its straight down to 0.0038 again

Cool.. MOAR cheap coinz!!! Grin

this weekend will determine a lot of things

owlcatz

legendary

Activity: 3570

Merit: 1959

Quote from: alphahacktivist on September 07, 2016, 12:20:27 PM

Quote from: Blazed on September 07, 2016, 12:15:08 PM

Quote from: RayX12 on September 07, 2016, 12:08:09 PM

Quote from: dEBRUYNE on September 07, 2016, 11:59:53 AM

"Rival darknet cryptocurrency to replace Bitcoin for ransomware merchants, experts say"

http://www.ibtimes.co.uk/rival-darknet-cryptocurrency-replace-bitcoin-ransomware-merchants-experts-say-1580199

yipeeee nice article.

That is not good... I am not sure why you guys are happy with XMR being used for shady stuff. I get that is might raise the price a little, but it will hurt the coin long term imo.

i think we are back to 0.01 if we are lucky else its straight down to 0.0038 again

Cool.. MOAR cheap coinz!!! Grin

alphahacktivist

full member

Activity: 235

Merit: 100

Quote from: Blazed on September 07, 2016, 12:15:08 PM

Quote from: RayX12 on September 07, 2016, 12:08:09 PM

Quote from: dEBRUYNE on September 07, 2016, 11:59:53 AM

"Rival darknet cryptocurrency to replace Bitcoin for ransomware merchants, experts say"

http://www.ibtimes.co.uk/rival-darknet-cryptocurrency-replace-bitcoin-ransomware-merchants-experts-say-1580199

yipeeee nice article.

That is not good... I am not sure why you guys are happy with XMR being used for shady stuff. I get that is might raise the price a little, but it will hurt the coin long term imo.

i think we are back to 0.01 if we are lucky else its straight down to 0.0038 again

coinism

sr. member

Activity: 700

Merit: 250

Quote from: Blazed on September 07, 2016, 12:15:08 PM

Quote from: RayX12 on September 07, 2016, 12:08:09 PM

Quote from: dEBRUYNE on September 07, 2016, 11:59:53 AM

"Rival darknet cryptocurrency to replace Bitcoin for ransomware merchants, experts say"

http://www.ibtimes.co.uk/rival-darknet-cryptocurrency-replace-bitcoin-ransomware-merchants-experts-say-1580199

yipeeee nice article.

That is not good... I am not sure why you guys are happy with XMR being used for shady stuff. I get that is might raise the price a little, but it will hurt the coin long term imo.

is that not what happened to bitcoin in the early days until present, being used for shady stuff? did it hurt bitcoin iyo?

Blazed

legendary

Activity: 2128

Merit: 1119

Quote from: RayX12 on September 07, 2016, 12:08:09 PM

Quote from: dEBRUYNE on September 07, 2016, 11:59:53 AM

"Rival darknet cryptocurrency to replace Bitcoin for ransomware merchants, experts say"

http://www.ibtimes.co.uk/rival-darknet-cryptocurrency-replace-bitcoin-ransomware-merchants-experts-say-1580199

yipeeee nice article.

That is not good... I am not sure why you guys are happy with XMR being used for shady stuff. I get that is might raise the price a little, but it will hurt the coin long term imo.

RayX12

hero member

Activity: 952

Merit: 552

Quote from: dEBRUYNE on September 07, 2016, 11:59:53 AM

"Rival darknet cryptocurrency to replace Bitcoin for ransomware merchants, experts say"

http://www.ibtimes.co.uk/rival-darknet-cryptocurrency-replace-bitcoin-ransomware-merchants-experts-say-1580199

yipeeee nice article.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

"Rival darknet cryptocurrency to replace Bitcoin for ransomware merchants, experts say"

http://www.ibtimes.co.uk/rival-darknet-cryptocurrency-replace-bitcoin-ransomware-merchants-experts-say-1580199

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: aminorex on September 07, 2016, 11:34:38 AM

My XMR is 95% cold storage, but I try to keep the rest of my crypto roughly balanced between BTC and XMR, and conservatively make market or rarely speculate in a small way.

I was trying to resolve to refrain from the market, to save time for other endeavours, but the movements were so attractive... speculation is a bad habit - when reinforced by occasional rewards it is like mental crack.

I have pretty well given up on restricting myself to a fixed maximum share of market cap. It's so much easier to distribute coins than it is to acquire them... Why worry about distribution?

Anyhow I think the demand energy is close to breaking out. Can it wait until Friday this week? I am beginning to doubt it. It's only showing up in deep book bids right now, but the spring is coiling... When bear talk begins to dominate, in a long-term accumulating market, it can't be long before an impulsive move.

Note that most of the decline is due to big shorts market selling, which subsequently results in traders panicking on Poloniex. In addition, these shorters put up asks to make it look like there is a lot of supply. It's highly likely our bearwhale (the sell wall guy) took a new strategy and is simply market dumping now. Bear in mind that shorts have to buy back eventually, thereby providing additional liquidity to the market.

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: aminorex on September 07, 2016, 11:34:38 AM

Anyhow I think the demand energy is close to breaking out. Can it wait until Friday this week? I am beginning to doubt it. It's only showing up in deep book bids right now, but the spring is coiling... When bear talk begins to dominate, in a long-term accumulating market, it can't be long before an impulsive move.

I hope so... for two reasons:

My immediate BTC trading stash now spent in the 180s

..and elrippo will be crowing if we hit the 170s

Millionero

sr. member

Activity: 807

Merit: 423

Does any of y'all have a hands-off set-and-forget strategy that you wrote a trading bot for and is currently being executed on poloniex by api?

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

My XMR is 95% cold storage, but I try to keep the rest of my crypto roughly balanced between BTC and XMR, and conservatively make market or rarely speculate in a small way.

I was trying to resolve to refrain from the market, to save time for other endeavours, but the movements were so attractive... speculation is a bad habit - when reinforced by occasional rewards it is like mental crack.

I have pretty well given up on restricting myself to a fixed maximum share of market cap. It's so much easier to distribute coins than it is to acquire them... Why worry about distribution?

Anyhow I think the demand energy is close to breaking out. Can it wait until Friday this week? I am beginning to doubt it. It's only showing up in deep book bids right now, but the spring is coiling... When bear talk begins to dominate, in a long-term accumulating market, it can't be long before an impulsive move.

coinism

sr. member

Activity: 700

Merit: 250

i know BLK coiners love the anon thing, but wondering where that BLK volume comes from, why it's over 7k usd.

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

Quote from: tifozi on September 07, 2016, 10:00:03 AM

Quote from: nioc on September 07, 2016, 09:57:33 AM

Quote from: nanobrain on September 07, 2016, 07:42:11 AM

(gents, what happened to buy and hold Wink

)

Raises hand.

Unfortunately I'm dealing with bigger problems than a ~15% drop from 220 Sad

Most of the thread is buy and hold is my guess. It's just the traders who have to condition peoples minds by repeatedly posting financial advice. I think many have learnt not to fall for it, but XMR has a 2 year history of bears winning all of the battles. This one seems no different.

This. 99%. My only caveat is I still personally like to talk about the price speculation. That's why this thread, right?

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: aminorex on September 07, 2016, 08:05:06 AM

Quote from: PYaEe on September 07, 2016, 07:52:34 AM

Quote from: aminorex on September 06, 2016, 02:48:27 PM

Get a phone app with a price alarm, then ignore it.

Are there any apps of this kind in iOS AppStore? For bitcoin i happily use "Bitcoin Ticker", but can't find anything like that for XMR.

For Android, I use Blockfolio. I haven't figured out how to erase dash and ripple from the interface, but I will.

Select, and delete. First thing I did Grin

Nice App.

Monero Status App is still as screwy as it was 2 years ago.

Dafar

legendary

Activity: 1330

Merit: 1000

dafar consulting

Quote from: Whtwabbit on September 07, 2016, 10:20:57 AM

Quote from: noobtrader on September 07, 2016, 10:10:23 AM

Quote from: Hueristic on September 07, 2016, 10:02:11 AM

Quote from: tifozi on September 07, 2016, 10:00:03 AM

Quote from: nioc on September 07, 2016, 09:57:33 AM

Quote from: nanobrain on September 07, 2016, 07:42:11 AM

(gents, what happened to buy and hold Wink

)

Raises hand.

Unfortunately I'm dealing with bigger problems than a ~15% drop from 220 Sad

Most of the thread is buy and hold is my guess. It's just the traders who have to condition peoples minds by repeatedly posting financial advice. I think many have learnt not to fall for it, but XMR has a 2 year history of bears winning all of the battles. This one seems no different.

https://www.youtube.com/watch?v=Bz61YQWZuYU

https://www.youtube.com/watch?v=hlv672jqbtE&list=RDhlv672jqbtE

https://www.youtube.com/watch?v=N1NupxasQWs

https://www.youtube.com/watch?v=zrK-IxLv-LU

Dreams last for so long...Even after you're goonneee....I know, you love me and soon you will seeeeee... you were meant for me, and I was meant for you...

Whtwabbit

sr. member

Activity: 490

Merit: 266

Quote from: noobtrader on September 07, 2016, 10:10:23 AM

Quote from: Hueristic on September 07, 2016, 10:02:11 AM

Quote from: tifozi on September 07, 2016, 10:00:03 AM

Quote from: nioc on September 07, 2016, 09:57:33 AM

Quote from: nanobrain on September 07, 2016, 07:42:11 AM

(gents, what happened to buy and hold Wink

)

Raises hand.

Unfortunately I'm dealing with bigger problems than a ~15% drop from 220 Sad

Most of the thread is buy and hold is my guess. It's just the traders who have to condition peoples minds by repeatedly posting financial advice. I think many have learnt not to fall for it, but XMR has a 2 year history of bears winning all of the battles. This one seems no different.

https://www.youtube.com/watch?v=Bz61YQWZuYU

https://www.youtube.com/watch?v=hlv672jqbtE&list=RDhlv672jqbtE

https://www.youtube.com/watch?v=N1NupxasQWs

noobtrader

legendary

Activity: 1456

Merit: 1000

Quote from: Hueristic on September 07, 2016, 10:02:11 AM

Quote from: tifozi on September 07, 2016, 10:00:03 AM

Quote from: nioc on September 07, 2016, 09:57:33 AM

Quote from: nanobrain on September 07, 2016, 07:42:11 AM

(gents, what happened to buy and hold Wink

)

Raises hand.

Unfortunately I'm dealing with bigger problems than a ~15% drop from 220 Sad

Most of the thread is buy and hold is my guess. It's just the traders who have to condition peoples minds by repeatedly posting financial advice. I think many have learnt not to fall for it, but XMR has a 2 year history of bears winning all of the battles. This one seems no different.

https://www.youtube.com/watch?v=Bz61YQWZuYU

https://www.youtube.com/watch?v=hlv672jqbtE&list=RDhlv672jqbtE

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: tifozi on September 07, 2016, 10:00:03 AM

Quote from: nioc on September 07, 2016, 09:57:33 AM

Quote from: nanobrain on September 07, 2016, 07:42:11 AM

(gents, what happened to buy and hold Wink

)

Raises hand.

Unfortunately I'm dealing with bigger problems than a ~15% drop from 220 Sad

Most of the thread is buy and hold is my guess. It's just the traders who have to condition peoples minds by repeatedly posting financial advice. I think many have learnt not to fall for it, but XMR has a 2 year history of bears winning all of the battles. This one seems no different.

https://www.youtube.com/watch?v=Bz61YQWZuYU

tifozi

hero member

Activity: 742

Merit: 501

Quote from: nioc on September 07, 2016, 09:57:33 AM

Quote from: nanobrain on September 07, 2016, 07:42:11 AM

(gents, what happened to buy and hold Wink

)

Raises hand.

Unfortunately I'm dealing with bigger problems than a ~15% drop from 220 Sad

Most of the thread is buy and hold is my guess. It's just the traders who have to condition peoples minds by repeatedly posting financial advice. I think many have learnt not to fall for it, but XMR has a 2 year history of bears winning all of the battles. This one seems no different.

Topic: [XMR] Monero Speculation - page 1108. (Read 3314330 times)