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Topic: [XMR] Monero Speculation - page 1140. (Read 3314330 times)

legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 02, 2016, 08:02:42 AM
Well, I gotta work on Dr. Watsonstein all day, or I would make a nice transaction rate history chart, with short interest rates, lending book size, price and volume series', but maybe one of our neckbeards or bearded-ladies can crack open the basement window for a little while and do it for us?  Matplotlib/seaborn recommended, but ggplot2 is fine.  C'mon, prove you're NEET and 'l33t, and pass around some hard-core doujin chart porn, maybe get a contract offer from bull bear analytics for it.

Did somebody say shit coin?

"Woe to those who call good evil and call evil good"  --Is. 5:20




legendary
Activity: 1624
Merit: 1008
September 02, 2016, 07:39:43 AM
Did somebody say shit coin?

Well here is some salad for the fork.  The last couple of days there were 18 pull requests were merged from 10 different contributors.  

Including: wallet_merged: ringct added to dependencies  Cool


Number of coins sold during the upswing = ZERO

Number of coins bought during the upswing = ?


legendary
Activity: 1428
Merit: 1001
getmonero.org
September 02, 2016, 07:34:09 AM

I expect to see XMR back at a reasonable price within the next week or two, 0.05 - 0.07 is reasonable

I'll take that price thank you --- prob the most sensible thing you've posted, well, ever.

I've been dealing with serious coins like ethereum lately, keep forgetting to put enough zeroes when dealing with shitcoins

Still waiting for those ring signatures that were coming on ethereum in a few months?
legendary
Activity: 2744
Merit: 1288
September 02, 2016, 07:30:54 AM

20 transactions in a single 2min block ? Unbelievable! /s


Exactly. A year ago that would be unbelievable. Now it happens quite often. And 100 transactiosn is unbelievable. Wonder when 100 transaction per block will be common thing.
donator
Activity: 1722
Merit: 1036
September 02, 2016, 07:16:24 AM
"We used to think that silver was the bad money, but ooooh gold, and that was a bad money and then cash was the bad money, and then Bitcoin was the bad money, because crimes, but now we see that it is Monero which is soo much worse"

FTFY
legendary
Activity: 981
Merit: 1005
No maps for these territories
September 02, 2016, 07:03:15 AM
No XMR transactions reported yesterday on alphabay.


Link or didn´t happen
legendary
Activity: 1092
Merit: 1000
September 02, 2016, 07:02:30 AM

I expect to see XMR back at a reasonable price within the next week or two, 0.05 - 0.07 is reasonable

I'll take that price thank you --- prob the most sensible thing you've posted, well, ever.

I've been dealing with serious coins like ethereum lately, keep forgetting to put enough zeroes when dealing with shitcoins
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
September 02, 2016, 06:44:00 AM
Yes, that's all good.

But believe me, the sensationalist pieces will follow -- that's not being either pessimistic or contrarian, simply experienced with the print medium.  Its the obvious angle for editors to spice up a dry tech/economics story.

In some ways its not a problem, it simply reflects the same rite of passage BTC went through -- and of course it does mean a lot of writers are going to have volte face on how they describe BTC (ie they sold it to the masses as anonymous but hey turns out it isn't).

I wonder if the smart editor would pick a different angle. I mean, what bitcoin went through has been done so many times now. It's really beating a dead horse, and I just wonder if that's a good sell for a news-outlet. If I was an editor that only had page-views / newspaper sales and a happy board in mind, then I*m not even sure I'd choose that whole approach and sell again. But I am giving them too much credit...

Smart editors....ha ha ha

"If it bleeds, it leads"....similarly sex, crime and drugs get eyeballs.

Also, most editors are in thrall to their proprietors' political views/ambitions.  This (XMR) is low hanging fruit for rightwing news outlets.

Way, way too much credit Smiley

My point is: a tsunami of these stories is swelling on the horizon but don't worry, in the long run it will be good for XMR.

The prevailing tenor of the stories on this are likely to be
"We used to think that Bitcoin was the bad money, because crimes, but now we see that it is Monero which is soo much worse"
This ends up being good press mentions for both XBT and XMR.

I maintain that the main market for XMR in the long run is the multinational corporation and the banks.  Those are the biggest crime syndicates there are.  The DNM stuff is just a proving ground for the banksters.
legendary
Activity: 1008
Merit: 1000
Dumb broad
September 02, 2016, 06:35:40 AM

I expect to see XMR back at a reasonable price within the next week or two, 0.05 - 0.07 is reasonable

I'll take that price thank you --- prob the most sensible thing you've posted, well, ever.
sr. member
Activity: 473
Merit: 250
September 02, 2016, 06:32:11 AM
No XMR transactions reported yesterday on alphabay.

I guess darknet traders just don't care. Junkies are not really the brightest crowd.

I expect to see XMR back at a reasonable price within the next week or two, 0.05 - 0.07 is reasonable taking the current ATH network difficulty into account, everything
above is just speculation.

Well this is just wrong I know for a fact there were transactions in XMR on AB yesterday
legendary
Activity: 1092
Merit: 1000
September 02, 2016, 06:11:36 AM
Quite opposite primer.

Was just checking Monero transactions. Last week they were double of what was last month, and quadruple what was last year.

There are blocks with over 20 transactiosn in it. Last time i watch that when was still 1 minute block and having 20 transactions was just a dream back then.  It is just a matter of time when we will see first block with 100 transactions in it.



20 transactions in a single 2min block ? Unbelievable! /s
Looking at the last 50 blocks I mined (4 days), average # of txs per block is 3. People sending to and from the exchanges, miners being paid by the pools, nothing interesting really..
legendary
Activity: 2744
Merit: 1288
September 02, 2016, 06:03:26 AM
Quite opposite primer.

Was just checking Monero transactions. Last week they were double of what was last month, and quadruple what was last year.

There are blocks with over 20 transactiosn in it. Last time i watch that when was still 1 minute block and having 20 transactions was just a dream back then.  It is just a matter of time when we will see first block with 100 transactions in it.

legendary
Activity: 1092
Merit: 1000
September 02, 2016, 05:56:46 AM
No XMR transactions reported yesterday on alphabay.

I guess darknet traders just don't care. Junkies are not really the brightest crowd.

I expect to see XMR back at a reasonable price within the next week or two, 0.05 - 0.07 is reasonable taking the current ATH network difficulty into account, everything
above is just speculation.
legendary
Activity: 2268
Merit: 1141
September 02, 2016, 05:37:48 AM
Can you send monero to moneradress multiple times without it being a problem? For example, I sent a small amount to test and then a few more monero a second time. I checked xmr.llcoins. net for the and they are there. Just had to enter the tx id for each tx sent.

Yes, you can safely do this :-)
member
Activity: 106
Merit: 10
September 02, 2016, 05:32:41 AM
A Bullosaurus!  Grin

I know TA is worth shit in such unpredictable markets, but mixed with fundamentals it's a helpful tool to determine swings and directions. With all Monero has in the pipeline atm plus growing widespread awareness...
Only don't disregard the bearish aspects as well, we have Roger on our side and no handsome Andreas.
legendary
Activity: 2702
Merit: 2053
Free spirit
September 02, 2016, 05:18:08 AM

legendary
Activity: 1008
Merit: 1000
Dumb broad
September 02, 2016, 05:16:14 AM
Thanks whap. Smiley

And SAR has flipped to support on the 4hr, EMA has crossed on the 1 and 2 hr.....and...if it wasn't for the fact I think TA is completely useless in crypto, I'd reckon this is looking bullish.
member
Activity: 106
Merit: 10
September 02, 2016, 05:09:10 AM
And the 4h chart is looking more like a pennant (and less like a dinosaur Wink ).....what are the odds we test the ATH this weekend.

4h is definately a pennant, if not more of a falling wedge. We already broke out but are hitting a nasty resistance now (blue rectangle). Breaking upwards would bring another bullish momentum, probably strong enough to test the ATH. I guess that ETH and ETC took some of the steam from XMR, otherwise we could probably be in beast mode again.

No odds from my side nano, but dinosaurs can grow big! Wink


legendary
Activity: 1008
Merit: 1000
Dumb broad
September 02, 2016, 04:51:31 AM
And the 4h chart is looking more like a pennant (and less like a dinosaur Wink ).....what are the odds we test the ATH this weekend.
legendary
Activity: 2702
Merit: 2053
Free spirit
September 02, 2016, 04:12:35 AM
seems to be priced in now and ticking along in a range


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