Another 20k taken out to short and subsequently dumped on the market:
http://monerodice.pd.to/polo.phpI wouldn't be suprised if the number of open shorts totals a 6 figure amount in XMR terms.
Doesn't seem rational to short a coin that's already down ~30% for the week. Why not wait until it's up?
Perhaps this is irrational rage-shorting by some angry Dash FailWhales.
They've been in a giant anti-Monero tizzy since Tone Vays pronounced Dash's instamine to be fraudulent, not "accidental."
Please keep dumping guys. I need XMR under 0.001 to buy MOAR without raising my avg cost.
guys guys... you were venting anger on Dash as your coin is losing value... hummm how come it losing value anyway..
1. no GUI.... means less ppl willing to try it because its too difficult to them
2. infinite max coin with perpetual emission forever
3. moar and moar clone coin with with same dev, further diluting your coin value... i mean, if i can buy aeon for cheaper why i buy monero
tell me why
same dev, same feature ?
does any of those 3 should be blamed on Dash ?
How is this in any way related to DASH? As in venting anger on DASH? noobtrader was referring to iCEBREAKER's post here. Perhaps the "guys" threw me off, since it was only iCEBREAKER.
[1] I agree on that point. A GUI is somewhat necessary to increase adoption, at least within the online cryptocurrency atmosphere.
[2] Keep on FUDding, that has been known since the start:
yet they didnt announce in their monero ann about the eternal infinite coin supply
Incorrect.
A minimum subsidy may be implemented in the future with <1% inflation to preserve mining incentives.
Quaint to see the [MRO] symbol from back then.
It was there from the original post before any edits (perhaps forum admin could verify) but that is the first capture in archive.org, May 20, 2014.
Whatever your criticisms of Monero, please do not make things up.
Furthermore, a tail emission is necessary to keep incentives for miners. Fees alone won't bring sufficient incentives and rewards for miners. Readers might find this excellent post from ArticMine regarding this subject interesting:
https://bitcointalksearch.org/topic/m.13591241[3] Why should I buy Bitcoin if I can buy Litecoin cheaper? Or Dogecoin? Or DASH?