[XMR] Monero Speculation - page 1385.

MrGood

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Chief Technology Officer, NYC

Quote from: TPTB_need_war on April 02, 2016, 01:03:29 AM

Quote from: americanpegasus on April 02, 2016, 12:14:22 AM

The penultimate goal of these games is simply to acquire more Monero\

What evidence do you have that the marginal utility of (acquiring moare) Monero is constant and the opportunity cost is negative for every possible situation and pre-existing holding.

Quote from: americanpegasus on April 02, 2016, 12:14:22 AM

If your end goal of riding any 'pump' or trading isn't to acquire more precious XMR, you didn't read the instructions in the box properly.

You must have an extremely boring and sheltered life.

Is this seriously what you really think Huh

Or just some cigar-smoking bravado to match what you think are the cues of a confidant magnate.

Quote from: americanpegasus on April 02, 2016, 12:34:14 AM

Just like in real life, you have to use context clues and behavior to tell how wealthy someone is

I need to stay out this thread, lest I will start to hate Monero again. The technology and development on Monero is factually one of the best in the altcoin space, but the whales in the coin make me want to puke.

Americanpegasus isn't a whale. He's essentially the "one direction" of the XMR world in the sense that he commands a few noobs with questionable intelligence.

20,000 XMR isn't whale material.

TPTB_need_war

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Quote from: americanpegasus on April 02, 2016, 12:14:22 AM

The penultimate goal of these games is simply to acquire more Monero\

What evidence do you have that the marginal utility of (acquiring moare) Monero is constant and the opportunity cost is negative for every possible situation and pre-existing holding.

Quote from: americanpegasus on April 02, 2016, 12:14:22 AM

If your end goal of riding any 'pump' or trading isn't to acquire more precious XMR, you didn't read the instructions in the box properly.

You must have an extremely boring and sheltered life.

Is this seriously what you really think Huh

Or just some cigar-smoking bravado to match what you think are the cues of a confidant magnate.

Quote from: americanpegasus on April 02, 2016, 12:34:14 AM

Just like in real life, you have to use context clues and behavior to tell how wealthy someone is

I need to stay out this thread, lest I will start to hate Monero again. The technology and development on Monero is factually one of the best in the altcoin space, but the whales in the coin make me want to puke.

americanpegasus

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Activity: 770

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Quote from: TrueCryptonaire on April 02, 2016, 12:44:08 AM

I actually acted like this.
One of my tenants who pays regularly 1 week earlier paid the rent on Thursday. I instantly purchased some bitcoins which I channeled towards Monero. I was nibbling a little bit more fiat money into XMR.
I encourage also others who might feel they might like also passive income, to acquire some assets that brings it and set a part of that passive income into Darkflarb. In that way, you are feeling probably better to buy XMR at any price since passive income is kinda "free money" (ie. you need to work very little for the money after the cashcow has been acquired).

Ignoring the real and present risk of keeping tokens on an exchange, if/when Monero margin trading is extended to longing other coins (and assuming a healthy XMR market), those who have decent amounts of Monero to lend out are going to find out the true meaning of 'wealthy'. They will learn that magic sensation of having their money work for them to generate new money with little risk. Those who still hold a whale's share of Bitcoins already understand how good this feels (>10k bitcoins). Of course, the phrase 'little risk' is compared to things like chasing Piggycoin pumps - the global risk of keeping money on any exchange, no matter how reputable, is still significant.

TrueCryptonaire

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Quote from: americanpegasus on April 02, 2016, 12:14:22 AM

Quote from: TrueCryptonaire on April 01, 2016, 11:58:38 PM

I do not know about you guys but personally I have years and years time to waite. Especially I am looking for legitimate and safe ways to collect passive income in Monero form as I think XDF is the ultimate store of big wealth.

That's agreed TC. I sometimes watch the shell tickers pump, and jealously watch them make 100% in a day, but these are just money-generation schemes. The penultimate goal of these games is simply to acquire more Monero, so I believe I will be happy beating them to the punch and simply acquiring it to begin with.

There's a reason Polo has an XMR market - one day there will be enough volume on that market to sustain the price pairs, and people will (I'm hoping) be able to margin long other coins by borrowing others XMR. People play money games to get more money, and Monero is that money. If your end goal of riding any 'pump' or trading isn't to acquire more precious XMR, you didn't read the instructions in the box properly.

Quote from: wpalczynski on April 01, 2016, 11:42:28 PM

Monero 0.9.4 released!!

https://getmonero.org/2016/04/02/monero-0.9.4-released.html

I actually acted like this.
One of my tenants who pays regularly 1 week earlier paid the rent on Thursday. I instantly purchased some bitcoins which I channeled towards Monero. I was nibbling a little bit more fiat money into XMR.
I encourage also others who might feel they might like also passive income, to acquire some assets that brings it and set a part of that passive income into Darkflarb. In that way, you are feeling probably better to buy XMR at any price since passive income is kinda "free money" (ie. you need to work very little for the money after the cashcow has been acquired).

americanpegasus

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Activity: 770

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Quote from: generalizethis on April 02, 2016, 12:22:11 AM

But AP, why would anyone want to put their profits into a digital currency that acts as cash? Don't you want that on a public blockchain, so the world can see how much sweet action you've taken part in? It's like the guy who only works on his novel/screenplay/to-do-list at the coffee shop--it didn't happen if no one is watching.... Wink

Just like in real life, you have to use context clues and behavior to tell how wealthy someone is - merely looking their entire financial history up online isn't good enough. On the other hand, it makes a lot of sense to hold some of your wealth in a public asset and some in a private asset. Maybe one day there will be a public asset worthy to stand side-by-side with Monero. Wink

generalizethis

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Facts are more efficient than fud

Quote from: americanpegasus on April 02, 2016, 12:14:22 AM

Quote from: TrueCryptonaire on April 01, 2016, 11:58:38 PM

I do not know about you guys but personally I have years and years time to waite. Especially I am looking for legitimate and safe ways to collect passive income in Monero form as I think XDF is the ultimate store of big wealth.

That's agreed TC. I sometimes watch the shell tickers pump, and jealously watch them make 100% in a day, but these are just money-generation schemes. The penultimate goal of these games is simply to acquire more Monero, so I believe I will be happy beating them to the punch and simply acquiring it to begin with.

There's a reason Polo has an XMR market - one day there will be enough volume on that market to sustain the price pairs, and people will (I'm hoping) be able to margin long other coins by borrowing others XMR. People play money games to get more money, and Monero is that money. If your end goal of riding any 'pump' or trading isn't to acquire more precious XMR, you didn't read the instructions in the box properly.

But AP, why would anyone want to put their profits into a digital currency that acts as cash? Don't you want that on a public blockchain, so the world can see how much sweet action you've taken part in? It's like the guy who only works on his novel/screenplay/to-do-list at the coffee shop--it didn't happen if no one is watching.... Wink

americanpegasus

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Activity: 770

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Quote from: TrueCryptonaire on April 01, 2016, 11:58:38 PM

I do not know about you guys but personally I have years and years time to waite. Especially I am looking for legitimate and safe ways to collect passive income in Monero form as I think XDF is the ultimate store of big wealth.

That's agreed TC. I sometimes watch the shell tickers pump, and jealously watch them make 100% in a day, but these are just money-generation schemes. The penultimate goal of these games is simply to acquire more Monero, so I believe I will be happy beating them to the punch and simply acquiring it to begin with.

There's a reason Polo has an XMR market - one day there will be enough volume on that market to sustain the price pairs, and people will (I'm hoping) be able to margin long other coins by borrowing others XMR. People play money games to get more money, and Monero is that money. If your end goal of riding any 'pump' or trading isn't to acquire more precious XMR, you didn't read the instructions in the box properly.

Quote from: wpalczynski on April 01, 2016, 11:42:28 PM

Monero 0.9.4 released!!

https://getmonero.org/2016/04/02/monero-0.9.4-released.html

SUMMARY OF CHANGES

As always, I have nothing but humble praise for this miraculous piece of software and the hard working computer scientists who are making it possible. Those paying attention are no doubt noticing that we are inching closer and closer to a 1.0 release.... I can only speculate this will be the GUI release (at long last).

TrueCryptonaire

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Quote from: americanpegasus on April 01, 2016, 01:17:58 PM

Quote from: TrueCryptonaire on April 01, 2016, 11:36:46 AM

Quote from: CryptoAddict on April 01, 2016, 11:29:34 AM

Please can any whale dump us below 300k and send CrowdWhale crying back to forex

I bet he is using reverse psychology: He has open short position. He plays to be annoying guy and sets threaths. If he gets people annoyed enough and dump he can run out from here a stash of cash from the hands of the community.

We saw this before in the /r/moneromarkets subreddit where a loud mouth came in and started crying loudly about how he would get liquidated at 250k and how could the DarkFlarb community do this to him: https://www.reddit.com/r/moneromarkets/comments/4ay9k4/i_get_margin_called_at_254ksomeone_help_now/. I would bet this is a sequel of the same tactic. In which case, the best thing to do is ignore him and keep buying all available DarkFlarb.

Did not see this as I am not a constant reader/follower of reddit.
The traders know the only way to push darkflarb down is to convince the bagholders to sell (the emission is not able to put any downward pressure on DarkFlarb since it is getting squeezed down so the only source to get any meaningful amount of coins are the bagholders releasing some from their treasure chest).

I do not know about you guys but personally I have years and years time to waite. Especially I am looking for legitimate and safe ways to collect passive income in Monero form as I think XDF is the ultimate store of big wealth.

wpalczynski

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Activity: 1456

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Monero 0.9.4 released!!

https://getmonero.org/2016/04/02/monero-0.9.4-released.html

SUMMARY OF CHANGES

This has important bug fixes to 0.9.3 Hydrogen Helix

Fix remaining issues with coinbase transactions
Removed connectivity_tool
Switched to new Clang move diagnostics
Added a new --generate-from-json flag to simplewallet to allow wallet creation from a JSON file
Add a new and improved version of sweep_dust
Various bug fixes to handle failures such as map resize failures and bad simplewallet exit[/li][/list]

TPTB_need_war

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Activity: 420

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Quote from: americanpegasus on April 01, 2016, 11:22:31 PM

Quote from: r0ach on April 01, 2016, 10:19:00 PM

Um, it is Vitalik

Here he can be seen celebrating Ethereum breaking through 0.03 for the first time.

https://youtu.be/Oxk4g2y28Os

Haha, I remember that! I'd forgive Vitalik for everything if he'd do the Cabbage Patch with Peter Thiel at a Donald Trump fundraiser in Harlem.

Their secret weapon is the cross-genetic version of Vlad, Vitalk, and Bustin Jeiber they've been hiding in the closet for the Serenity release festival.

americanpegasus

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Activity: 770

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Quote from: r0ach on April 01, 2016, 10:19:00 PM

Um, it is Vitalik

Here he can be seen celebrating Ethereum breaking through 0.03 for the first time.

https://youtu.be/Oxk4g2y28Os

On another note, did anyone see the recent market action? Let me explain this gambit to you: What happens is a small bull run leads a few people to pile on and scoop up a whale's walls. Then the crafty whale, once he has sold enough Monero to enough bandwagoners, punishes the price and sells enough to send the price into a mild correction - whereupon the n00bs, not wanting to get caught in a dump, sell their now expensive Monero right back to Mr. Whale at a lower price.

How to protect against this tactic? Only buy Monero you intend to hold long term, and don't be frightened by the immediate correction after a buying spree. Large holders have been burned in the past while trying to use this tactic when the price instantly rebounds and keeps soaring - permanently removing that XMR from the whale's hands and/or forcing them to buy back in at a higher price.

Sadly, the perpetual churn of n00bs (who don't realize that Monero isn't PiggyCoin) ensures this tactic will likely stay profitable for the forseeable future.

r0ach

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Um, it is Vitalik

lolikop

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Quote from: r0ach on April 01, 2016, 09:42:27 PM

Quote from: lolikop on April 01, 2016, 06:49:16 PM

English isnt my first language i speak 5 more languages whos the stupid now ?

https://www.youtube.com/watch?v=JQHbDIIX3z8

Ur a movie freak ok i get ya

I speak 5 without english...

BTW that guy looks like vitalik

r0ach

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Activity: 1260

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Quote from: lolikop on April 01, 2016, 06:49:16 PM

English isnt my first language i speak 5 more languages whos the stupid now ?

https://www.youtube.com/watch?v=JQHbDIIX3z8

Dotto

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No maps for these territories

Keep Calm,

Burn the bear™

And darkflap your girl hard

papa_lazzarou

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Quote from: wpalczynski on April 01, 2016, 08:32:57 PM

Quote from: nioc on April 01, 2016, 07:54:20 PM

Quote from: flagel8 on April 01, 2016, 06:37:28 PM

Quote from: nioc on April 01, 2016, 06:00:38 PM

...dark flarb forever. You know there is real meaning in this April fools joke. I'm surprised this name was chosen by this btc forum.

Very curious about this. I couldn't find anything, other than reference to a past April Fools Day prank. What is the meaning of it, and why is it (in)appropriate?

My memory sucks. I remember it being a joke about naming/renaming of coins and fluffypony participated. The possibility of M onero being renamed. In my fog it seemed to me that those from the outside would have had to be paying attention in order to use this as the current April fools joke. I may very well be mistaken about this last part.

My speculation is that both btc and XMR will go up this coming week so that when I get paid next Friday I will recieve less btc than what I should have received this past Monday. Payment is delayed cause "they" messed up again. Compound this less btc with higher XMR prices = Sad

@ the world revolves around me, can't find the correct emoticon Tongue

I remember those darkflarb comments from a while back, some forum admin must have been paying attention.

https://www.reddit.com/r/Monero/comments/312sc4/monero_has_been_renamed_dark_flarb/ <- a year ago

vuduchyld

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Activity: 364

Merit: 250

Wow...still 9 BTC at .003499

Dueling against a sell of 15 BTC at .003549

lolikop

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Quote from: Johnny Mnemonic on April 01, 2016, 08:52:46 PM

Quote from: TPTB_need_war on April 01, 2016, 08:24:16 PM

Quote from: dEBRUYNE on April 01, 2016, 07:06:58 PM

The quality of this thread is, alas, significantly detoriating over the last few days.

Where is smooth?

Can't any DarkFlarb's supporters help me 'dish' Dish? Plz read:

https://bitcointalksearch.org/topic/m.14393865

He's apparently on vacation... poor guy can't disappear for 2 days without the thread spiraling into chaos.

+1

Johnny Mnemonic

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Quote from: TPTB_need_war on April 01, 2016, 08:24:16 PM

Quote from: dEBRUYNE on April 01, 2016, 07:06:58 PM

The quality of this thread is, alas, significantly detoriating over the last few days.

Where is smooth?

Can't any DarkFlarb's supporters help me 'dish' Dish? Plz read:

https://bitcointalksearch.org/topic/m.14393865

He's apparently on vacation... poor guy can't disappear for 2 days without the thread spiraling into chaos.

wpalczynski

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Activity: 1456

Merit: 1000

Quote from: nioc on April 01, 2016, 07:54:20 PM

Quote from: flagel8 on April 01, 2016, 06:37:28 PM

Quote from: nioc on April 01, 2016, 06:00:38 PM

...dark flarb forever. You know there is real meaning in this April fools joke. I'm surprised this name was chosen by this btc forum.

Very curious about this. I couldn't find anything, other than reference to a past April Fools Day prank. What is the meaning of it, and why is it (in)appropriate?

My memory sucks. I remember it being a joke about naming/renaming of coins and fluffypony participated. The possibility of M onero being renamed. In my fog it seemed to me that those from the outside would have had to be paying attention in order to use this as the current April fools joke. I may very well be mistaken about this last part.

My speculation is that both btc and XMR will go up this coming week so that when I get paid next Friday I will recieve less btc than what I should have received this past Monday. Payment is delayed cause "they" messed up again. Compound this less btc with higher XMR prices = Sad

@ the world revolves around me, can't find the correct emoticon Tongue

I remember those darkflarb comments from a while back, some forum admin must have been paying attention.

Topic: [XMR] Monero Speculation - page 1385. (Read 3313576 times)