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Topic: [XMR] Monero Speculation - page 1278. (Read 3314316 times)

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
June 10, 2016, 02:55:31 PM
There seems to be some vast shorting demand, see:

http://monerodice.pd.to/polo_snapshot_compare.php?id=185608&id2=188862

185608 = yesterday morning (~ 11:30 UTC)

188862 = today (~14:30 UTC)

Rates also up from ~0.0015% to ~0.0400%

Only 46k XMR available now and rates are up to 0.1%.   Shocked

Keep squeezing the shorts; make them eat losses as they run for cover.   Cool
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
June 10, 2016, 02:24:11 PM

It doesn't look good for Ver..... Sorry, but he's run out of chances.
 
Not quite.  Let's see if he follows through.  If Jamie Lannister can find redemption, so can Ver. 
  
https://www.reddit.com/r/Monero/comments/4n5tlo/le36_roger_ver_and_erik_voorhees_scaling_debate/d435o3d

I don't get why people put so much emphasis on what Ver has to say on the technical analysis of certain cryptos. Isn't he viewed more as a investor/entrepreneur? Because that's how I view him and don't really understand why he has such a big influence on the Bitcoin community and is at dev meetings.

Idk I could have an entirely wrong view point about the whole thing..

Yes I agree with this. Some give him too much credit for his knowledge about bitcoin's technical inner workings.

The market will decide if monero is true digital cash or not. From a technical standpoint that is what I see it as. Roger may have some personal interest in pushing zcash as opposed to allowing something that he doesn't have a good amount of control over to start rearing its UNICORNY-head.  Cheesy
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
June 10, 2016, 02:20:21 PM
Also, don't forget the bitcoin.com puff piece on Zcash that straight-up lied about not being affiliated with the project (Ver owns bitcoin.com!). Sorry, but he's run out of chances.

I vaguely remember this...do you have a link?

Seems shady that he would put up a statement in a piece about cash on his own website.

Then again this is the same guy who told people the mtgox was A-OK in 2013 just before it went bust.

https://news.bitcoin.com/meet-top-3-coins-cryptocurrency-anonymity-race/

It lists Zcash's investors but conveniently leaves Ver's name out. Then at the bottom of the article is a disclaimer that reads:

"Disclaimer: Bitcoin.com is not affiliated with any of the above-mentioned businesses."

It's even a little bit worse than that. The original Wired article they quoted included Ver's name but they took it out of the quote.

bitcoin.com:

Quote
The publication Wired details that investors such as Naval Ravikant and the Digital Currency Group’s Barry Silbert have invested over $700,000 USD into the startup.

Wired:

Quote
Those investors include Naval Ravikant, an investor in Twitter and Uber, Barry Silbert, the founder of startup equity-trading platform SecondMarket, and Roger Ver, a staunch libertarian who’s invested in bitcoin startups Blockchain.info and Bitpay, and who also bankrolled much of the legal defense of now-convicted Silk Road creator Ross Ulbricht



Wow so they consciously had removed his name before reposting that on his site.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
June 10, 2016, 11:27:56 AM
Also, don't forget the bitcoin.com puff piece on Zcash that straight-up lied about not being affiliated with the project (Ver owns bitcoin.com!). Sorry, but he's run out of chances.

I vaguely remember this...do you have a link?

Seems shady that he would put up a statement in a piece about cash on his own website.

Then again this is the same guy who told people the mtgox was A-OK in 2013 just before it went bust.

https://news.bitcoin.com/meet-top-3-coins-cryptocurrency-anonymity-race/

It lists Zcash's investors but conveniently leaves Ver's name out. Then at the bottom of the article is a disclaimer that reads:

"Disclaimer: Bitcoin.com is not affiliated with any of the above-mentioned businesses."

It's even a little bit worse than that. The original Wired article they quoted included Ver's name but they took it out of the quote.

bitcoin.com:

Quote
The publication Wired details that investors such as Naval Ravikant and the Digital Currency Group’s Barry Silbert have invested over $700,000 USD into the startup.

Wired:

Quote
Those investors include Naval Ravikant, an investor in Twitter and Uber, Barry Silbert, the founder of startup equity-trading platform SecondMarket, and Roger Ver, a staunch libertarian who’s invested in bitcoin startups Blockchain.info and Bitpay, and who also bankrolled much of the legal defense of now-convicted Silk Road creator Ross Ulbricht



Thanks Johnny/Smooth I think I fucking hate this Libertarian Capitalist scumbag.

BTW, has anyone called him out on twaater about this?

There seems to be some vast shorting demand, see:

http://monerodice.pd.to/polo_snapshot_compare.php?id=185608&id2=188862

185608 = yesterday morning (~ 11:30 UTC)

188862 = today (~14:30 UTC)

Rates also up from ~0.0015% to ~0.0400%

That's great! Shorters catching it in the butt finally!


Yea. The lending rates on polo are extremely high compared to normal levels. Personally I think its dangerous to short at this point too many people are already shorting and they will have to eventually close on their positions. On top of that the manipulator that pumped yesterday may come back to squeeze out these shorts (That's what i would do if was trying to pump this anyway). And as a side note i really don't understand all the bashing on the trollbox on polo. As soon as this went up the mood was that everyone should short Monero because its a manipulative pump, however Eth has been blatantly been pumped by whales now for weeks and everyone was all hyped up for that pump, i don't get it.  Huh

My guess is those yelling short are in the pump group squeezing. It's more than likely ETH profit doing it IMO. Such a shame, I admit I'm jelly I didn't grab some scam eth just to have m0ar xmr now. Smiley
hero member
Activity: 1874
Merit: 840
Keep what's important, and know who's your friend
June 10, 2016, 10:47:02 AM

It doesn't look good for Ver..... Sorry, but he's run out of chances.
 
Not quite.  Let's see if he follows through.  If Jamie Lannister can find redemption, so can Ver. 
  
https://www.reddit.com/r/Monero/comments/4n5tlo/le36_roger_ver_and_erik_voorhees_scaling_debate/d435o3d

I don't get why people put so much emphasis on what Ver has to say on the technical analysis of certain cryptos. Isn't he viewed more as a investor/entrepreneur? Because that's how I view him and don't really understand why he has such a big influence on the Bitcoin community and is at dev meetings.

Idk I could have an entirely wrong view point about the whole thing..
newbie
Activity: 2
Merit: 0
June 10, 2016, 10:38:32 AM
Yea. The lending rates on polo are extremely high compared to normal levels. Personally I think its dangerous to short at this point too many people are already shorting and they will have to eventually close on their positions. On top of that the manipulator that pumped yesterday may come back to squeeze out these shorts (That's what i would do if was trying to pump this anyway). And as a side note i really don't understand all the bashing on the trollbox on polo. As soon as this went up the mood was that everyone should short Monero because its a manipulative pump, however Eth has been blatantly been pumped by whales now for weeks and everyone was all hyped up for that pump, i don't get it.  Huh
legendary
Activity: 2268
Merit: 1141
June 10, 2016, 09:39:42 AM
There seems to be some vast shorting demand, see:

http://monerodice.pd.to/polo_snapshot_compare.php?id=185608&id2=188862

185608 = yesterday morning (~ 11:30 UTC)

188862 = today (~14:30 UTC)

Rates also up from ~0.0015% to ~0.0400%
hero member
Activity: 770
Merit: 504
June 10, 2016, 07:49:13 AM

It doesn't look good for Ver..... Sorry, but he's run out of chances.
 
Not quite.  Let's see if he follows through.  If Jamie Lannister can find redemption, so can Ver. 
  
https://www.reddit.com/r/Monero/comments/4n5tlo/le36_roger_ver_and_erik_voorhees_scaling_debate/d435o3d
legendary
Activity: 2604
Merit: 1748
June 10, 2016, 06:31:25 AM
Back in top 10 Polo volume...

About time.

 Wink

Why should we celebrate a place with only one metric ( volume ) ? and even that metric is nothing compared to past days?

Hmm... being no 11 on Polo was a little depressing, plus when volume picks up, at a (recent) low, it did indicate a rise in price on the way.

I think the price rise since has vindicated the observation I was making.  That said it was relief, rather then celebration.
legendary
Activity: 2968
Merit: 1198
June 10, 2016, 03:45:48 AM
Also, don't forget the bitcoin.com puff piece on Zcash that straight-up lied about not being affiliated with the project (Ver owns bitcoin.com!). Sorry, but he's run out of chances.

I vaguely remember this...do you have a link?

Seems shady that he would put up a statement in a piece about cash on his own website.

Then again this is the same guy who told people the mtgox was A-OK in 2013 just before it went bust.

https://news.bitcoin.com/meet-top-3-coins-cryptocurrency-anonymity-race/

It lists Zcash's investors but conveniently leaves Ver's name out. Then at the bottom of the article is a disclaimer that reads:

"Disclaimer: Bitcoin.com is not affiliated with any of the above-mentioned businesses."

It's even a little bit worse than that. The original Wired article they quoted included Ver's name but they took it out of the quote.

bitcoin.com:

Quote
The publication Wired details that investors such as Naval Ravikant and the Digital Currency Group’s Barry Silbert have invested over $700,000 USD into the startup.

Wired:

Quote
Those investors include Naval Ravikant, an investor in Twitter and Uber, Barry Silbert, the founder of startup equity-trading platform SecondMarket, and Roger Ver, a staunch libertarian who’s invested in bitcoin startups Blockchain.info and Bitpay, and who also bankrolled much of the legal defense of now-convicted Silk Road creator Ross Ulbricht

hero member
Activity: 795
Merit: 514
June 10, 2016, 02:44:14 AM
Also, don't forget the bitcoin.com puff piece on Zcash that straight-up lied about not being affiliated with the project (Ver owns bitcoin.com!). Sorry, but he's run out of chances.

I vaguely remember this...do you have a link?

Seems shady that he would put up a statement in a piece about cash on his own website.

Then again this is the same guy who told people the mtgox was A-OK in 2013 just before it went bust.

https://news.bitcoin.com/meet-top-3-coins-cryptocurrency-anonymity-race/

It lists Zcash's investors but conveniently leaves Ver's name out. Then at the bottom of the article is a disclaimer that reads:

"Disclaimer: Bitcoin.com is not affiliated with any of the above-mentioned businesses."
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
June 10, 2016, 02:33:52 AM

Roger Ver isn't interested in tech that much, just his wallet IMO. XMR is a threat, so he doesn't want it to succeed, period.
 
  
I don't think that's true.  Roger will see what Monero is in time.  Remember, most of us thought Bitcoin was dumb the first time we heard of it too.  And if he gets half as excited about Monero as he was/is about Bitcoin, that is a big win for the community.  Don't write anyone off - we are only what our genetics and experiences have allowed us to become.  Extend invitations and give people chances; sometimes they will surprise you.

It doesn't look good for Ver. Either he's a really dumb investor who didn't research the tiny niche he bought into, or he's very aware of Monero's threat to Zcash and actively refuses to acknowledge its existence. You pick.

Also, don't forget the bitcoin.com puff piece on Zcash that straight-up lied about not being affiliated with the project (Ver owns bitcoin.com!). Sorry, but he's run out of chances.

I vaguely remember this...do you have a link?

Seems shady that he would put up a statement in a piece about cash on his own website.

Then again this is the same guy who told people the mtgox was A-OK in 2013 just before it went bust.
hero member
Activity: 795
Merit: 514
June 10, 2016, 02:23:34 AM

Roger Ver isn't interested in tech that much, just his wallet IMO. XMR is a threat, so he doesn't want it to succeed, period.
 
  
I don't think that's true.  Roger will see what Monero is in time.  Remember, most of us thought Bitcoin was dumb the first time we heard of it too.  And if he gets half as excited about Monero as he was/is about Bitcoin, that is a big win for the community.  Don't write anyone off - we are only what our genetics and experiences have allowed us to become.  Extend invitations and give people chances; sometimes they will surprise you.

It doesn't look good for Ver. Either he's a really dumb investor who didn't research the tiny niche he bought into, or he's very aware of Monero's threat to Zcash and actively refuses to acknowledge its existence. You pick.

Also, don't forget the bitcoin.com puff piece on Zcash that straight-up lied about not being affiliated with the project (Ver owns bitcoin.com!). Sorry, but he's run out of chances.
legendary
Activity: 2968
Merit: 1198
June 10, 2016, 02:08:29 AM
-the impact of RingCT on blockchain growth/pruneability

We don't have exact figures but we think it will be reasonable close to the current situation. What happens is the added overhead from CT is offset by the reduced overhead from not needed to break up amounts into fixed denominations (123 = 100+20+3).

Quote
-the impact of RingCT on where Monero falls in the anonymity set spectrum between good-enough CoinJoin (simplest thing that possibly works) and the supreme perfection of Zcash (Ultimate AnonymityTM +/- toxic waste)?

RingCT makes Monero more private. Not only are the amounts hidden better but the reduced number of inputs and outputs on typical transactions reduces other traceability issues (similar to Bitcoin where you can usually assume that all the inputs come from the same spender), and also improves the situation when it comes to output sizes that don't have a large set of outputs to mix from (outputs of size, for example, 8000 being much less common than 10).

Quote
Bonus question: Does the "sharding" approach used by ETH have any applicability to Monero and Zerocash's blockchain bloat problems?

Maybe? Hard to answer questions about something that doesn't exist yet.
hero member
Activity: 770
Merit: 504
June 09, 2016, 10:51:11 PM

Roger Ver isn't interested in tech that much, just his wallet IMO. XMR is a threat, so he doesn't want it to succeed, period.
 
  
I don't think that's true.  Roger will see what Monero is in time.  Remember, most of us thought Bitcoin was dumb the first time we heard of it too.  And if he gets half as excited about Monero as he was/is about Bitcoin, that is a big win for the community.  Don't write anyone off - we are only what our genetics and experiences have allowed us to become.  Extend invitations and give people chances; sometimes they will surprise you.
legendary
Activity: 1260
Merit: 1008
June 09, 2016, 08:58:03 PM
In Ver's case, it's not his Bitcoin investment he's worried about... it's his Zcash investment.

I assume it's considerably more risky to invest in a community-driven project that you have no control over and can only hope the price increases. Compare that to investing in an already greatly hyped, for-profit project where you can sit back and collect 20% of the mining revenue. He makes money even if the price never moves.

Roger Ver isn't interested in tech that much, just his wallet IMO. XMR is a threat, so he doesn't want it to succeed, period.

He could own 500k monero. We'll never know unless he publishes his viewkey, but even then he could've spent it all because viewkey doesn't reveal spending.

Meanwhile, I speculate there's some massive pumping going on right now for no good reason whatsoever. The volumes on those massive 5 minute candles are pretty close, and the second one was able to crash at half the height. I think someone's gotten good at playing the bots.

It'll be interesting when any of these currencies are actually used like money. Someday.

In the meantime, bananas.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
June 09, 2016, 08:38:12 PM
In Ver's case, it's not his Bitcoin investment he's worried about... it's his Zcash investment.

I assume it's considerably more risky to invest in a community-driven project that you have no control over and can only hope the price increases. Compare that to investing in an already greatly hyped, for-profit project where you can sit back and collect 20% of the mining revenue. He makes money even if the price never moves.

Roger Ver isn't interested in tech that much, just his wallet IMO. XMR is a threat, so he doesn't want it to succeed, period.

Monero is one of the most grassroots libertarian things that has ever existed.  So of course Professional Libertarians like Ver hate/ignore it.

They can't stand Monero's demonstrated organic growth and limitless, permissionless potential.

INB4 Zerocash rebrands to "Monero Classic."   Roll Eyes
sr. member
Activity: 264
Merit: 250
June 09, 2016, 08:36:07 PM
Dat BEAR trend will be smashed if this candle closes above the red line.

A typical monero expert :


fancy that, all this time & I never knew Klee was a dog!
sr. member
Activity: 939
Merit: 256
June 09, 2016, 08:31:19 PM
In Ver's case, it's not his Bitcoin investment he's worried about... it's his Zcash investment.

I assume it's considerably more risky to invest in a community-driven project that you have no control over and can only hope the price increases. Compare that to investing in an already greatly hyped, for-profit project where you can sit back and collect 20% of the mining revenue. He makes money even if the price never moves.

Roger Ver isn't interested in tech that much, just his wallet IMO. XMR is a threat, so he doesn't want it to succeed, period.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
June 09, 2016, 08:23:06 PM

Shen Noether (NobleSir) already responded. Zcash team (Ian Miers -> https://z.cash/team.html) should at least know their shit before they respond.

He hadn't yet when I posted. I love to watch our Devs school fudders and outright shills lying with technobabble. . Cheesy
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