Topic: [XMR] Monero Speculation - page 1297. (Read 3314350 times)

aminorex silent for six weeks

health?

walked away?

Monero price ride nice https://www.coingecko.com/en/price_charts/monero/btc

Just think of it as a big multisig wallet where people pool a bunch of money and then vote on how to spend it. The rest of the gibberish is obfuscation.

As long as you can fit it between your gender studies classes...

Is it just me, or is this the same type of jibberish that I've heard that promotes ETH... So in a sense, DAO is a smart contract wallet inside a smart contract that is funded by smart contract tokens... Did I get that right?

 
 
It's a decentralized profit venture inside a decentralized profit venture!  It's brilliant.  In fact, I want in on that sweet action. 
 
I would like to formally announce the Pegasus network, a decentralized DAPP layer that runs on top of Monero.  Your DAPPS run in a completely secure environment and are only accessible and viewable by those who you share viewkeys with.  Imagine, secure banking applications which can transact anonymous, untraceable tokens and can't be altered without enhancing the security of the very thing they are trying to attack!  SECURICEPTION. 
 
In fact, we interrupt this addverticement to BLOW YOUR MIND.  On this Pegasus secure applications layer we are going to program a new concept called the PCC (Private Cloud Corporation), which allows you and any others to enter into a profit making venture with capital (the underlying Monero tokens) and defined programmable rules to determine profits, roles, and responsibilities.  Even better - no one will ever know about your corporation unless you explicitly make them aware of it! 
 
So get in line DAO; the future is now on the next-generation Pegasus Network running on top of Monero.  You can pre-fund your Pegasus account by sending Monero to our ICO address.  I haven't started learning C++ yet, but I plan to this weekend so for sure the project will be launched by the end of this year.  Maybe next year tops.

You can only fund it using ETH, so mostly the ETH community is a reasonable inference, though we can only speculate how many bought ETH specifically for that purpose.

http://cointelegraph.com/news/what-exactly-is-the-dao-which-shook-the-world-part-1-benefits

Woah, good lord... for what exactly?  The Eth community funded this, or who?

The DAO everyone is talking about is something like a decentralized crowdfund or investment fund that has collected $150+ million worth of ETH in the past few weeks.

I guess I've been out of the loop for a long time, but what is a DAO? I'm guessing an exchange?  Also, can you technically send Eth from wallet "wallet" to the next like a normal crypto?

You can dump on an exchange as soon as it starts trading, but to actually withdraw your ETH from the DAO takes quite a while. I've read around a month and a half. First you have to split your shares from the main DAO, which takes time, then you would need to make and approve a proposal within your own DAO to pay out the ETH, and the proposal process a minimum required time period.

so when will this happen? Funding of DAO ends on 27th but I dont think they can just cash out? So when is the first date when many can liquidate DAO?

I don't think so there is 300 BTC between us and 200k.

A slow day doesn't signal a trend reversal. We are still in uptrend but until volume picks up we may slow our ascend or go sideways until volume picks up.

Personally I wouldn't sell I'd just be patient. The sell side hasn't increased and the supply is quite limited compared to the demand.

Back OT..

Looks like we're going to pull back to 19.5k-20k, then I think the 4-week cup and handle will complete, and next leg (next weekend?) will push up to 33k.

Alts aren't connected to the rise and fall of ETH. That idea is just ridiculous. I've witnessed many alts going up when ETH goes down over the previous months.

You need to get out more. The whole world isn't crypto traders moving from coin to coin. Many people who have barely heard of crypto at all (certainly have heard of little beyond Bitcoin) are starting to follow Eth/DAO now. That does't mean they will all invest, but it also doesn't mean they won't.

Coinbase is adding ETH to their exchange. It's not in the wallet, but it's only a click away. That's an easy onramp for 500 million (or more?) potential investors.

Hey there XMR perma-bear Scrooge McDuck. This Coinigy one month chart tells a different story about XMR being in a new uptrend since the 18th:

https://www.coinigy.com/s/i/5740dd00/

It's possible we'll never see 0.001 range again...

Fake walls can backfire big time when a whale who is a long term player decides to buy or sell against the wall with minimal slippage.

Nxt was supposed to be that, amongst other things, but it never really got off the ground in that area because Nxt is still trying to be the "Linux of crypto" - ie, a one-stop shop.