big green one.. doesn't seem to be a short closing.
Not sure about volume, Bitcoinwisdom shows 23k and Cryptowatch 41k. Wtf?
Topic: [XMR] Monero Speculation - page 1331. (Read 3313786 times)
I hope you are able to get your buy done at a nice low price. Would be a shame for all that FUDding to go to waste!
I don't believe fudding by noobs has any effect on the price.
I don't even believe fudding by myself would have.
Unfortunately you are wrong.
Once some noobs start farting the price starts to drop and it might drop quite fast as we saw some time ago in this thread when it fell back to low 0.002.
The price is too much dependent on the sentiment of some traders who love to dump the coin at any point they see it is possible to kill the bullish trendline.
OMG...
teh whale has spoken... quick guys sell all yor coin before its too late, sell all and realize the profit,, you can always buy back later after the whale done dumping.
with all teh Inflation ahead, lack of GUI, dozen of competiting CN coin, and infinite emission tailgate... you cant take the chances that monero price will reach 10000 usd seriously... isnt
EDIT ::
oh dear did you hear...
psss... bts implement anonimity...
If the dumpers did not have dumped probably the marketcap od XMR would have reached Darkcoin's marketcap.
The inflation is only around 9300 coins per day which represents around 10 k usd.
in the long run, moneros inflation is irrelevant tho... what matter is when all top 10 coin has anonymity implemented, how would xmr will stay relevant
if we look at Eth for example, they already has Gui wallet although still beta 2 it seem, but improvement are constantly being implemented.
Dash, they has gimmick like Anonymity, masternode, instantx, voting system... wow...
in short, Xmr really really need to improve, old hype of gimmick anonimity alone will soon fade away. because only few people need superior anonimity, those are Terorist, drug dealer, tax evader, and kid molester and other horrible stuff while ordinary humble religious law abiding citizen only need to able to use their money easily without the hassle of Command line wallet
. yo will need to pimp your wallet that user can use it intuitively.honestly i want to hear more good news from xmr community regarding their wallet, as i too once xmr holder and convert all of them when i realize xmr dev seem ignoring investors call for improvement.
have a nice day
Well now that inflation has finally slowed to a more reasonable rate, the Monero devs/insiders are no longer incentivised to avoid things that would help adoption like mass marketing or creating an official GUI wallet.
Dev and insider bags are probably very heavy from absorbing the high emission over the last couple of years. I would expect they have a plan to keep the price up so they can unload some of that.
I hope you are able to get your buy done at a nice low price. Would be a shame for all that FUDding to go to waste!
I don't believe fudding by noobs has any effect on the price.
I don't even believe fudding by myself would have.
Unfortunately you are wrong.
Once some noobs start farting the price starts to drop and it might drop quite fast as we saw some time ago in this thread when it fell back to low 0.002.
The price is too much dependent on the sentiment of some traders who love to dump the coin at any point they see it is possible to kill the bullish trendline.
OMG...
teh whale has spoken... quick guys sell all yor coin before its too late, sell all and realize the profit,, you can always buy back later after the whale done dumping.
with all teh Inflation ahead, lack of GUI, dozen of competiting CN coin, and infinite emission tailgate... you cant take the chances that monero price will reach 10000 usd seriously... isnt
EDIT ::
oh dear did you hear...
psss... bts implement anonimity...
If the dumpers did not have dumped probably the marketcap od XMR would have reached Darkcoin's marketcap.
The inflation is only around 9300 coins per day which represents around 10 k usd.
in the long run, moneros inflation is irrelevant tho... what matter is when all top 10 coin has anonymity implemented, how would xmr will stay relevant
if we look at Eth for example, they already has Gui wallet although still beta 2 it seem, but improvement are constantly being implemented.
Dash, they has gimmick like Anonymity, masternode, instantx, voting system... wow...
in short, Xmr really really need to improve, old hype of gimmick anonimity alone will soon fade away. because only few people need superior anonimity, those are Terorist, drug dealer, tax evader, and kid molester and other horrible stuff while ordinary humble religious law abiding citizen only need to able to use their money easily without the hassle of Command line wallet
. yo will need to pimp your wallet that user can use it intuitively.honestly i want to hear more good news from xmr community regarding their wallet, as i too once xmr holder and convert all of them when i realize xmr dev seem ignoring investors call for improvement.
have a nice day
Bitcoin's current protocol is thus headed [asymptotically] to 0 spendable supply.
That means moon right? Awesomesauce.
What is the reaction if any to the hypothesis that rate of increase in Bitcoin's adoption and evangelism has been declining roughly in correlation with the decline in the ability of a wide diversity of people to mine?
In my mind, the death of the block reward and the rise of ASIC mining leads to the Tragedy of the Commons transaction fees oligarchy and thus the strangulation of Bitcoin. It won't happen overnight and we will have another run up in the price first (perhaps after a V bottom yet unfinished), but there is no long-term decentralized future for Bitcoin afaics.
I don't really see that happening. Once sha256 is commoditized, there would probably be so many people mining at a loss or mining for pennies, it would kill a lot of the incentive for people to run the mega farms. As predicted, the farmers would likely be using waste heat byproduct to power some other type of function or industry. It would likely be more decentralized than it is now, not less, since your supposed centralization armageddon is already here in the now and can't really get worse. It can only get better through sha256 commoditization.
Seriously, how the hell could it get worse than now? It can't. We've already hit rock bottom in Bitcoin decentralization unless someone like Intel corners the market on graphene ASIC and doesn't sell them to the public. In that situation, foundry decentralization would be far more important than any random externalities like number of Chinamen stealing power from dams. There's only, what? TSMC, Intel, Samsung, Global Foundries? We already know it requires an open entropy system to run a digital currency, so four companies are going to be the bottleneck controlling the whole thing no matter what you put on github for people to run.
I hope you are able to get your buy done at a nice low price. Would be a shame for all that FUDding to go to waste!
I don't believe fudding by noobs has any effect on the price.
I don't even believe fudding by myself would have.
Unfortunately you are wrong.
Once some noobs start farting the price starts to drop and it might drop quite fast as we saw some time ago in this thread when it fell back to low 0.002.
The price is too much dependent on the sentiment of some traders who love to dump the coin at any point they see it is possible to kill the bullish trendline.
OMG...
teh whale has spoken... quick guys sell all yor coin before its too late, sell all and realize the profit,, you can always buy back later after the whale done dumping.
with all teh Inflation ahead, lack of GUI, dozen of competiting CN coin, and infinite emission tailgate... you cant take the chances that monero price will reach 10000 usd seriously... isnt
EDIT ::
oh dear did you hear...
psss... bts implement anonimity...
If the dumpers did not have dumped probably the marketcap od XMR would have reached Darkcoin's marketcap.
The inflation is only around 9300 coins per day which represents around 10 k usd.
I hope you are able to get your buy done at a nice low price. Would be a shame for all that FUDding to go to waste!
I don't believe fudding by noobs has any effect on the price.
I don't even believe fudding by myself would have.
Unfortunately you are wrong.
Once some noobs start farting the price starts to drop and it might drop quite fast as we saw some time ago in this thread when it fell back to low 0.002.
The price is too much dependent on the sentiment of some traders who love to dump the coin at any point they see it is possible to kill the bullish trendline.
EDIT ::
oh dear did you hear...
psss... bts implement anonimity...
2015 wants its news back.
I hope you are able to get your buy done at a nice low price. Would be a shame for all that FUDding to go to waste!
I don't believe fudding by noobs has any effect on the price.
I don't even believe fudding by myself would have.
Unfortunately you are wrong.
Once some noobs start farting the price starts to drop and it might drop quite fast as we saw some time ago in this thread when it fell back to low 0.002.
The price is too much dependent on the sentiment of some traders who love to dump the coin at any point they see it is possible to kill the bullish trendline.
OMG...
teh whale has spoken... quick guys sell all yor coin before its too late, sell all and realize the profit,, you can always buy back later after the whale done dumping.
with all teh Inflation ahead, lack of GUI, dozen of competiting CN coin, and infinite emission tailgate... you cant take the chances that monero price will reach 10000 usd seriously... isnt
EDIT ::
oh dear did you hear...
psss... bts implement anonimity...
Nummer twenny-two! F.A.N.G. would like it. 
Bitcoin's current protocol is thus headed [asymptotically] to 0 spendable supply.
That means moon right? Awesomesauce.
What is the reaction if any to the hypothesis that rate of increase in Bitcoin's adoption and evangelism has been declining roughly in correlation with the decline in the ability of a wide diversity of people to mine?
In my mind, the death of the block reward and the rise of ASIC mining leads to the Tragedy of the Commons transaction fees oligarchy and thus the strangulation of Bitcoin. It won't happen overnight and we will have another run up in the price first (perhaps after a V bottom yet unfinished), but there is no long-term decentralized future for Bitcoin afaics.
I hope you are able to get your buy done at a nice low price. Would be a shame for all that FUDding to go to waste!
I don't believe fudding by noobs has any effect on the price.
I don't even believe fudding by myself would have.
Unfortunately you are wrong.
Once some noobs start farting the price starts to drop and it might drop quite fast as we saw some time ago in this thread when it fell back to low 0.002.
The price is too much dependent on the sentiment of some traders who love to dump the coin at any point they see it is possible to kill the bullish trendline.
Do we know if the pumper and the dumper were on margin?.
One of the big buys was supposedly identified (by someone here) as being closing a short.
Compared to the other coins in the top 15 (excluding ETH, LTC, BTC for a moment) XMR has got the best liquidity as far as I can see.
How are you calculating liquidity? Is there an easy way to see a comparison of historical measures of liquidity for the "top" cryptocurrencies (including the ones you excluded above)?Turnover (i.e. volume / marketcap) and buy/ask side compared to market cap / coins outstanding.
Do we know if the pumper and the dumper were on margin?. Whatever the recent spikes shows the tape is alive. ETH growing again, so it can pull we up too. Neutral to bulliesque sentiment. I can see it toping at around 27k to test back 20k after for a very short span
I hope you are able to get your buy done at a nice low price. Would be a shame for all that FUDding to go to waste!
I don't believe fudding by noobs has any effect on the price.
I don't even believe fudding by myself would have.
I hope you are able to get your buy done at a nice low price. Would be a shame for all that FUDding to go to waste!
I don't believe fudding by noobs has any effect on the price.
I don't even believe fudding by myself would have.
Where is noobtrader to acknowledge that his wrong assertion has been adequately corrected in the last half dozen posts? I'd hate to think he just randomly tosses in a troll grenade, leaves, and then does it all over again a few weeks later.
Bitcoin's current protocol is thus headed to 0 spendable supply.
That means moon right? Awesomesauce.
Anyway, as I already explained, with Monero's tail reward it is mathematically provable that it converges to a finite supply with any rate of lost coins >0%.
That is the mathematical upper bound and presumes the tail reward is a not a percentage of the issued supply. The lower bound is potentially 0 supply if (or when if) the tail reward is less than the rate of lost coins.
Which it however can never be, assuming that the lost coins are a percentage of existing [spendable] supply and the tail reward is a fixed quantity of coins (which both hold true).
Note the slight clarification inserted.
"Never" is too restrictive as applied to the bolded phrase, because in the real world there will be oscillation around the equilibrium level.
I agree you have clarified that if the tail reward is a fixed quantity (and thus not a percentage of existing issued supply), then there is an equilibrium where rate of lost coins equals the tail reward; because if the tail reward drops below the rate of lost coins then the existing spendable (not issued) supply decreases until the equilibrium is reached and vice versa.
Btw, I think it has been pointed out numerous times before, but doesn't hurt to point out again, that this means any coin without a fixed quantity tail reward is either head asymptotically to 0 (no tail reward or percentage tail reward < rate of lost coins) or infinite supply (percentage based tail reward > rate of lost coins).
Bitcoin's current protocol is thus headed to 0 spendable supply. (that is if China's 67% control over the pools doesn't end up turning Bitcoin into a fiat system)
I remember smooth and I were one of the few who originally wanted a tail reward in Monero. Good to see the change was finally made.
Anyway, as I already explained, with Monero's tail reward it is mathematically provable that it converges to a finite supply with any rate of lost coins >0%.
That is the mathematical upper bound and presumes the tail reward is a not a percentage of the issued supply. The lower bound is potentially 0 supply if (or when if) the tail reward is less than the rate of lost coins.
Yes that is the case for Monero.
Anyway, as I already explained, with Monero's tail reward it is mathematically provable that it converges to a finite supply with any rate of lost coins >0%.
That is the mathematical upper bound and presumes the tail reward is a not a percentage of the issued supply. The lower bound is potentially 0 supply if (or when if) the tail reward is less than the rate of lost coins.
Which it however can never be, assuming that the lost coins are a percentage of existing [spendable] supply and the tail reward is a fixed quantity of coins (which both hold true).
Note the slight clarification inserted.
"Never" is too restrictive as applied to the bolded phrase, because in the real world there will be oscillation around the equilibrium level.
I agree you have clarified that if the tail reward is a fixed quantity (and thus not a percentage of existing issued supply), then there is an equilibrium where rate of lost coins equals the tail reward; because if the tail reward drops below the rate of lost coins then the existing spendable (not issued) supply decreases until the equilibrium is reached and vice versa.
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