Author

Topic: [XMR] Monero Speculation - page 1293. (Read 3314316 times)

newbie
Activity: 18
Merit: 0
May 26, 2016, 04:28:12 PM
Lol fuggit.  I have 100% of my savings in crypto, and of that, 100% in Monero. 
 
I'm in this car until the bitter end.  I mean, I have some Aeon too, but I don't count that.

I am 100% in XMR as well and it is my main holding. If I want to buy other alts I use it as collateral.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
May 26, 2016, 04:26:49 PM
On Polo margin trading is the rate a one time cost or is it re-occurring and if so at what time period

The posted rates are daily but calculated much faster, like by the minute or something.

Thx, I tried it out last week and got the shaft. It's interesting that as soon as I made the position the market jumped and boned me. So I held onto the position as it was small and I am trying it out and I opened another position for shits and grins yesterday and the same thing happened, the market immediately boned me.

I would like to know how this is happening. I'm not worried as the amounts are small (under $500) but if I ever decide to get serious (as I hope to soon||Get MOAR before GUI) then I want a better understanding of what these bots are doing, who's controlling them and if Polo is involved at all.

I have a high trust level for polo and have defended them many times in the past but when it comes down to brass tacks I want my ducks in a line. Smiley
legendary
Activity: 2968
Merit: 1198
May 26, 2016, 04:15:18 PM
On Polo margin trading is the rate a one time cost or is it re-occurring and if so at what time period

The posted rates are daily but calculated much faster, like by the minute or something.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
May 26, 2016, 04:13:59 PM
On Polo margin trading is the rate a one time cost or is it re-occurring and if so at what time period
hero member
Activity: 770
Merit: 504
May 26, 2016, 03:43:36 PM
Lol fuggit.  I have 100% of my savings in crypto, and of that, 100% in Monero. 
 
I'm in this car until the bitter end.  I mean, I have some Aeon too, but I don't count that.
hero member
Activity: 798
Merit: 1000
21 million. I want them all.
May 26, 2016, 02:51:59 PM

The only problem with your example is that Monero has a much bigger chance of becoming worthless than silver. I would be comfortable holding 100% silver, but much less comfortable being 100% in Monero. In fact I was 95%+ once in Monero, but I wouldn't recommend it to anyone Smiley

No, I'm not talking about 100% in Monero. I'm talking about the entire 5% of your cryptocurrency allocation in Monero. 100% of 5%.  (1.0 * .05).

Let's just say your entire investment portfolio is $100,000. You decide that you want to put $5,000 in crypto. You have to decide what part of that should be XMR and what part of that should be BTC. If you think BTC is going to rise against XMR, maybe you will put the entire $5,000 in BTC.

In that scenario, you will be thinking about XMR's price in BTC, not in dollars. Because you want to know how to allocate the $5,000.
newbie
Activity: 42
Merit: 0
May 26, 2016, 02:20:05 PM

So your statement implicates that you are holding more BTC than $ or €  Roll Eyes Cool

not necessarily.

let's say my net worth is $100,000 and keep 5% in cryptocurrency ($5,000)

within that 5%, i have to decide whether i want to be holding 90% in btc ($4,500-worth) vs. 10% in xmr ($500-worth) or 50/50 or some other allocation.

if i think that xmr is severely overvalued against btc, then i will do 100% in btc ($5,000 in btc). if i think that xmr is undervalued, i may go 100% xmr ($5,000 in XMR).

let's say that another 30% of my net worth is in precious metals. if i think that silver is severely undervalued compared to gold, maybe i will put the whole $30,000 into silver. when silver rises against gold, i will sell some silver and buy gold.

in this example, cryptocurrency is still only 5% of my net worth, but i am still thinking about XMR in terms of BTC. even though precious metals are only 30% of my net worth, i am thinking of silver in terms of gold. it doesn't imply that >50% of my net worth is in cryptocurrency. nor does it imply that >50% of my net worth is in precious metals.

i understand why some people think of xmr in terms of dollars. you should try to understand why others think of it in terms of btc.

The only problem with your example is that Monero has a much bigger chance of becoming worthless than silver. I would be comfortable holding 100% silver, but much less comfortable being 100% in Monero. In fact I was 95%+ once in Monero, but I wouldn't recommend it to anyone Smiley
sr. member
Activity: 397
Merit: 250
May 26, 2016, 02:03:49 PM
Stop quoting the troll.

If you like reading nonsense and even spend time responding to it, then please, do it without the quotation, for the sake of the rest of us.

Thank you!
hero member
Activity: 768
Merit: 505
May 26, 2016, 01:16:24 PM

The FUD is reaching epic levels.  There is so much nonsense spackle about the '12 exploits' but I am quite sure none of them exist.  Think about it - if you had an exploit which allowed you to reveal Dash transactions, generate Dash, double-spend Dash, or even defeat the private key encryption... what would you do?  Troll the Dash board with claims of existence? 
 
No, if you were white hat you would arrange for a dev to get secure hold of these (possibly for a bounty).  If you were black hat, you would just use them already and take whatever info / coins you could get your hands on.

or.....

he is not into black hat business, and he doesnt want to help monero dev either.   Cool

so that is why in his own words he did the first exploit ... but now he ain´t in the same business he claims? Pls provide deeper thoughts next time
hero member
Activity: 798
Merit: 1000
21 million. I want them all.
May 26, 2016, 01:00:29 PM

So your statement implicates that you are holding more BTC than $ or €  Roll Eyes Cool

not necessarily.

let's say my net worth is $100,000 and keep 5% in cryptocurrency ($5,000)

within that 5%, i have to decide whether i want to be holding 90% in btc ($4,500-worth) vs. 10% in xmr ($500-worth) or 50/50 or some other allocation.

if i think that xmr is severely overvalued against btc, then i will do 100% in btc ($5,000 in btc). if i think that xmr is undervalued, i may go 100% xmr ($5,000 in XMR).

let's say that another 30% of my net worth is in precious metals. if i think that silver is severely undervalued compared to gold, maybe i will put the whole $30,000 into silver. when silver rises against gold, i will sell some silver and buy gold.

in this example, cryptocurrency is still only 5% of my net worth, but i am still thinking about XMR in terms of BTC. even though precious metals are only 30% of my net worth, i am thinking of silver in terms of gold. it doesn't imply that >50% of my net worth is in cryptocurrency. nor does it imply that >50% of my net worth is in precious metals.

i understand why some people think of xmr in terms of dollars. you should try to understand why others think of it in terms of btc.
legendary
Activity: 1008
Merit: 1001
May 26, 2016, 12:20:53 PM
Bitcoinexpress is indeed active these days.
Last time he was active Monero was pushed to the valley of dead, shadows and darkness for a while.
Personally I am considering buying some coins at 0.001 price range.

I would prefer to use the $/€ price instead of BTC

If BTC goes to 1000$ 0,001BTC equals to 1$/Monero, which is more than at the moment speaking!
If you prefer the absoloute price of 0,5$ then you would need 0,0005BTC/Monero

If you are holding BTC in the majority then it would make sense to mention 0,001BTC as your personal buyline.
I rather prefer $/Monero = 0,5$ and below to buy more.

So your statement implicates that you are holding more BTC than $ or €  Roll Eyes Cool

Just my two Moneroj  Grin Smiley
legendary
Activity: 1092
Merit: 1000
May 26, 2016, 12:06:39 PM
Bitcoinexpress is indeed active these days.
Last time he was active Monero was pushed to the valley of dead, shadows and darkness for a while.
Personally I am considering buying some coins at 0.001 price range.
hero member
Activity: 798
Merit: 1000
21 million. I want them all.
May 26, 2016, 11:22:37 AM
friends, look at the ether chart. looking a lot like bitcoin in 2014.

there's a lot of dumb money on polo right now.

be careful. i'd rather see them lose than you. i would be a seller around .0035 to .004

best call i've made in my life. doubt i'll ever make a call that good again.

here's what i'm thinking now.

http://coinmarketcap.com/charts/#btc-percentage

btc is historically weak right now compared to altcoins. i'm betting that when bitcoin breaks out of this range, it will reclaim some dominance and climb back to 90%+ of the total crypto market cap.

that means that i want to be in bitcoin now so that i can buy more xmr later when btc is dominant.
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
May 26, 2016, 10:14:07 AM

The FUD is reaching epic levels.  There is so much nonsense spackle about the '12 exploits' but I am quite sure none of them exist.  Think about it - if you had an exploit which allowed you to reveal Dash transactions, generate Dash, double-spend Dash, or even defeat the private key encryption... what would you do?  Troll the Dash board with claims of existence?  
  
No, if you were white hat you would arrange for a dev to get secure hold of these (possibly for a bounty).  If you were black hat, you would just use them already and take whatever info / coins you could get your hands on.

My guess is that Mr. Connor put a for sale sign up as a delay tactic and BCX is just a dick acting like a dick in a dick way.

Also, in Connor's tweets with fluffy, he promised some sort of happening in march, so.... Roll Eyes
legendary
Activity: 1456
Merit: 1000
May 26, 2016, 10:12:53 AM

The FUD is reaching epic levels.  There is so much nonsense spackle about the '12 exploits' but I am quite sure none of them exist.  Think about it - if you had an exploit which allowed you to reveal Dash transactions, generate Dash, double-spend Dash, or even defeat the private key encryption... what would you do?  Troll the Dash board with claims of existence? 
 
No, if you were white hat you would arrange for a dev to get secure hold of these (possibly for a bounty).  If you were black hat, you would just use them already and take whatever info / coins you could get your hands on.

or.....

he is not into black hat business, and he doesnt want to help monero dev either.   Cool
hero member
Activity: 770
Merit: 504
May 26, 2016, 10:00:22 AM

The FUD is reaching epic levels.  There is so much nonsense spackle about the '12 exploits' but I am quite sure none of them exist.  Think about it - if you had an exploit which allowed you to reveal Dash transactions, generate Dash, double-spend Dash, or even defeat the private key encryption... what would you do?  Troll the Dash board with claims of existence? 
 
No, if you were white hat you would arrange for a dev to get secure hold of these (possibly for a bounty).  If you were black hat, you would just use them already and take whatever info / coins you could get your hands on.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
May 25, 2016, 10:34:48 PM
Polo will remove XMR market and replace with ETH one.

Then there would likely be an ETH/XMR pair!


Finally!

legendary
Activity: 2968
Merit: 1198
May 25, 2016, 07:28:52 PM

Awesome.  Can't wait for ETH support to bring in the drooling masses!

I wonder if Poloniex will get around to adding an ETH/XMR pair before Bitsquare makes them obsolete...

I doubt it. What is more likely, Polo will remove XMR market and replace with ETH one. More and more often i see ppl asking why there is even xmr market, when xmr has so low volume on polo as compared to eth.

Then there would likely be an ETH/XMR pair!

This would make sense somewhat, but the price of ETH at almost 1/30 BTC is a bit high for it to be as useful. The main use for the secondary pairs is trading lower value coins where XMR's 1/500 BTC is a better fit. The only lower-priced coins with higher volume that would be a good fit for the role would be Factom (barf) or now Lisk (if the volume holds up). Over the two years, the pattern has been for XMR volume to sustain while other temporarily-hot coins come and go. ETH will probably break out of that pattern, but I'm less confident about the others.


legendary
Activity: 1260
Merit: 1000
May 25, 2016, 07:28:25 PM

Awesome.  Can't wait for ETH support to bring in the drooling masses!

I wonder if Poloniex will get around to adding an ETH/XMR pair before Bitsquare makes them obsolete...

I doubt it. What is more likely, Polo will remove XMR market and replace with ETH one. More and more often i see ppl asking why there is even xmr market, when xmr has so low volume on polo as compared to eth.

Because Eth is likely wash traded with backroom deals by poloniex staff to give them non-public rates (which kinda makes them in on the scam).

https://bitcointalksearch.org/topic/it-is-time-to-question-poloniex-market-manipulation-1473947
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