[XMR] Monero Speculation - page 1245.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: aminorex on July 13, 2016, 10:55:18 AM

Quote from: aminorex on July 13, 2016, 10:22:28 AM

Quote from: Dotto on July 13, 2016, 08:18:20 AM

It seems we could be testing .0028 before resuming the slow pace, sane bull run. What are your short term projections?

You can dump >41000 XMR to 288k if you like gambling. Some folks do.

Aaaand... somebody did. LOL. It will be fun to watch them race to cover the loss.

Your bullishness makes me nervous.

nioc

legendary

Activity: 1624

Merit: 1008

Quote from: aminorex on July 13, 2016, 10:55:18 AM

Quote from: aminorex on July 13, 2016, 10:22:28 AM

Quote from: Dotto on July 13, 2016, 08:18:20 AM

It seems we could be testing .0028 before resuming the slow pace, sane bull run. What are your short term projections?

You can dump >41000 XMR to 288k if you like gambling. Some folks do.

Aaaand... somebody did. LOL. It will be fun to watch them race to cover the loss.

I just wish there was a way of buying Monero with cash. My mattress is getting a bit high.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: aminorex on July 13, 2016, 10:22:28 AM

Quote from: Dotto on July 13, 2016, 08:18:20 AM

It seems we could be testing .0028 before resuming the slow pace, sane bull run. What are your short term projections?

You can dump >41000 XMR to 288k if you like gambling. Some folks do.

Aaaand... somebody did. LOL. It will be fun to watch them race to cover the loss.

illodin

hero member

Activity: 966

Merit: 1003

Quote from: needmoney90 on July 07, 2016, 10:43:02 AM

Quote from: sandiman on July 07, 2016, 10:41:03 AM

Last time I saw such bullishness on Monero thread, I almost bought at the ATH ... Grin

Uhoh, that must mean this is the top! Everybody panic and sell your Moneroj! _{_{to me}}

Quite accurate observations.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: Dotto on July 13, 2016, 08:18:20 AM

It seems we could be testing .0028 before resuming the slow pace, sane bull run. What are your short term projections?

You can dump >41000 XMR to 288k if you like gambling. Some folks do.

Dotto

legendary

Activity: 981

Merit: 1005

No maps for these territories

It seems we could be testing .0028 before resuming the slow pace, sane bull run. What are your short term projections?

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: GingerAle on July 12, 2016, 10:00:58 PM

Quote from: primer- on July 12, 2016, 05:47:40 PM

Seems like btc newcomers have all started mining Monero... ATH difficulty, 303xxxxx
Price is way to low for the new hashrate... I'm beginning to worry its actually coming from botnets...

I'm beginning to think a lot of the hashrate comes from what I call "benign botnets" or what some have called "evil sysadmins". I know of at least 2 individuals that have popped up on IRC asking for help with setting up such operations. if there are 2 people that find their way to monero irc to look for help because they don't know what to do.... that means there are probably a sizeable amount of sysadmins that do know what they are doing and do not need to show up at monero IRC asking questions and therefore are just happily mining away with otherwise idle computers that are severely understressed with their MS office and Edge workloads.

Please GingerAle, "evil sysadmins" is such a pejorative term.

The preferred nomenclature is Bastard Operator From Hell. Cool

rangedriver

hero member

Activity: 714

Merit: 504

Quote from: needmoney90 on July 12, 2016, 12:54:08 PM

Quote from: rangedriver on July 12, 2016, 06:32:09 AM

Quote from: rangedriver on June 10, 2016, 09:56:47 PM

Once we're about one week clear post the BTC halving (~July 17th) we'll start to see proper harmonic market intent and a reconstitution of the base.

[ambiguous statement with lots of buzzwords]

Buzzword: a word or expression from a particular subject area that has become fashionable by being used a lot, especially on television and in the newspapers.

I'm pretty sure that "proper harmonic market intent" and "reconstitution of the base" doesn't fulfill the above criteria for a buzzword, but you're welcome to provide citations for proving prior popular usage.

As for ambiguity, just because you don't personally understand something (or are not privy to something) doesn't make it universally ambiguous.

Sorry if that sounds sanctimonious.

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: GingerAle on July 12, 2016, 10:00:58 PM

Quote from: primer- on July 12, 2016, 05:47:40 PM

Seems like btc newcomers have all started mining Monero... ATH difficulty, 303xxxxx
Price is way to low for the new hashrate... I'm beginning to worry its actually coming from botnets...

I'm beginning to think a lot of the hashrate comes from what I call "benign botnets" or what some have called "evil sysadmins". I know of at least 2 individuals that have popped up on IRC asking for help with setting up such operations. if there are 2 people that find their way to monero irc to look for help because they don't know what to do.... that means there are probably a sizeable amount of sysadmins that do know what they are doing and do not need to show up at monero IRC asking questions and therefore are just happily mining away with otherwise idle computers that are severely understressed with their MS office and Edge workloads.

Also keep in mind that for a while, even at 20 cents / XMR, the hashrate was at 20 Mh/s... so perhaps the recent price spike has brought these players back, whatever they are.

I wonder if some aren't leasing these resources and risk nothing in the process?

GingerAle

legendary

Activity: 1260

Merit: 1008

Quote from: primer- on July 12, 2016, 05:47:40 PM

Seems like btc newcomers have all started mining Monero... ATH difficulty, 303xxxxx
Price is way to low for the new hashrate... I'm beginning to worry its actually coming from botnets...

I'm beginning to think a lot of the hashrate comes from what I call "benign botnets" or what some have called "evil sysadmins". I know of at least 2 individuals that have popped up on IRC asking for help with setting up such operations. if there are 2 people that find their way to monero irc to look for help because they don't know what to do.... that means there are probably a sizeable amount of sysadmins that do know what they are doing and do not need to show up at monero IRC asking questions and therefore are just happily mining away with otherwise idle computers that are severely understressed with their MS office and Edge workloads.

Also keep in mind that for a while, even at 20 cents / XMR, the hashrate was at 20 Mh/s... so perhaps the recent price spike has brought these players back, whatever they are.

s1gs3gv

legendary

Activity: 1316

Merit: 1014

ex uno plures

Looking strong.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: smooth on July 12, 2016, 06:53:43 PM

Quote from: primer- on July 12, 2016, 05:47:40 PM

Price is way to low for the new hashrate...

No it isn't. Price was stuck at 50c USD for a long time. It is up 4x from that now. Hash rate is not up more than that, and probably less.

Hash rate is about doubled from that era, IIRC. The fact that it remained so low leads me to believe that it wasn't particularly profitable to mine, however, and was sustained by believers, rather than profiteers. Current conditions appear to be more appealing.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: primer- on July 12, 2016, 05:47:40 PM

Price is way to low for the new hashrate...

No it isn't. Price was stuck at 50c USD for a long time. It is up 4x from that now. Hash rate is not up more than that, and probably less.

primer-

legendary

Activity: 1092

Merit: 1000

Seems like btc newcomers have all started mining Monero... ATH difficulty, 303xxxxx
Price is way to low for the new hashrate... I'm beginning to worry its actually coming from botnets...

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: aminorex on July 12, 2016, 02:41:23 AM

Quote from: ArticMine on July 12, 2016, 12:30:19 AM

There is like over 1300 XBT in buy orders on Poloniex. Is something going to happen when people wake up in Europe?

Like I've been saying, someone knows something.

A lot of those 1300 are far enough from market as not to matter. That doesn't change the fact that we've got some persistent buyers in there - buyers of only moderate patience.

And I know the dump is coming when Aminorex is bullish and the perfect timing for accumulation is when 1) Aminorex is quiet (he is buying) 2) Aminorex tells us how good opportunities there are in shorting wheat and having long positions in NOK-USD trading pairs.

BTW. Mr. Kavasaki has lost his interest in Monero completely. RIP I guess.

needmoney90

member

Activity: 114

Merit: 10

Quote from: rangedriver on July 12, 2016, 06:32:09 AM

Quote from: rangedriver on June 10, 2016, 09:56:47 PM

Once we're about one week clear post the BTC halving (~July 17th) we'll start to see proper harmonic market intent and a reconstitution of the base.

[ambiguous statement with lots of buzzwords]

rangedriver

hero member

Activity: 714

Merit: 504

Quote from: rangedriver on June 10, 2016, 09:56:47 PM

Once we're about one week clear post the BTC halving (~July 17th) we'll start to see proper harmonic market intent and a reconstitution of the base.

Febo

legendary

Activity: 2744

Merit: 1288

1000 BTC now and 220 BTC at 4% under the current price.

If those 200 are ready to actually buy that means a lot. But since most likely no one will want to lose 75000 XMR to dump them in it, probably dont matter at all.

birr

hero member

Activity: 870

Merit: 585

Monero, me likey.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: ArticMine on July 12, 2016, 12:30:19 AM

There is like over 1300 XBT in buy orders on Poloniex. Is something going to happen when people wake up in Europe?

Like I've been saying, someone knows something.

A lot of those 1300 are far enough from market as not to matter. That doesn't change the fact that we've got some persistent buyers in there - buyers of only moderate patience.

Topic: [XMR] Monero Speculation - page 1245. (Read 3314316 times)