Topic: [XMR] Monero Speculation - page 1407. (Read 3313576 times)

I haven't completely finished parsing the blockchain but I did find the 500,000 XMR output (WORLD XMR RECORD). It happens in block 131942.

http://moneroblocks.info/tx/501289d7ff4380826a05f746693ae1ad61dcb5132842a7925eb87c045797f4b1

Since they used mixin 0 (I guess they had no choice since there are no other 500,000 outputs to mix with), later on we see this 500,000 XMR appear as an input in this 300,000 XMR output in block 571428, making the 2nd largest single output of all time.

http://moneroblocks.info/tx/d740cd56b66c5ec8453c5c1cfdb280a9350c7d76440134d9fef64694964c727a

poor baby 

Really? It takes me 5 minutes including wiring the fiat from my (European) bank account (so be grateful for not being able to impulse buy ).

I was happily surprised.  If it had been just 12 days younger it would have been half the size.

Edit: But 52 minutes since the last block
Edit: Ironic.  When I actually want to move some coins, the whole network breaks.

Always brightens the day! I should check out my drawers for hidden treasures more often as well.

Nice find!

Part of the issue I see here is the focus on an "event", while ignoring a chronic problem that will over time take down both Bitcoin and Litecoin as well many other alt-coins. I am talking of course of the fixed blocksize issue and the lack of a viable fee market that will at the same time allow for scaling of the blockchain. The one solution to this problem that exists requires both an adaptive blocksize limit and a tail emission: Monero and Aeon. Dogecoin has a partial solution in that it has the hardest part of the problem solved (from a social covenant perspective) namely the tail emission. One could replace the tail emission with demurrage so one can argue that Freicoin also has a partial solution to this issue. In reality if one looks at the market capitalizations Monero is the most viable Bitcoin backup followed by Dogecoin.

Which is has a higher risk of death in the long run: A twenty year old who breaks his leg more than once and walks around in crutches for a few months after each injury or a twenty year old who is exposed to asbestos and catches a cancer that has no symptoms for 25 years and then kills him? Now picture the position of a life insurance company. If one is writing a 5 year short term life insurance the one exposed to asbestos is the lowest risk since the policy will be long expired before the cancer manifests any symptoms; however if one is writing a whole life policy to last a lifetime it is the injury prone 20 year old that is the lowest risk since the certain mortality at age 45 will cost the life insurance company more.

Those of us accumulating long term don't buy on margin, and often don't trade at all.  Speaking for myself, I don't buy much, if any above my average, which is way way lower than current price.  I dabble in trading for entertainment when the price seems momentarily stable or range bound, and I made a little on these dumps, but very little, as most of my coins are in paper wallets, and most of the small portion I keep on polo is in lending markets.  Speaking of which, I see no wholesale piling on the bandwagon to short this market.

Indeed I am greedy and thanks to my greed I have been able to collect a decent wealth. I am not a millionaire like the most guys in this thread but I have been blessed to get some funds by taking all the free lunches from the tables I have been offered + being persistent what I am doing without giving up.
Therefore I am more than happy to lend my Moneros for shorters because I am aware they have only borrowed them and they do not have ownership over my coins. I will be compensated also with interest income which is decent in terms of percentages on annual basis, and easy to create a compounding effect which is very powerful tool to become TrueCryptonaire.

It takes three days for me to buy btc because coinbase is incompetent and has no customer service.

I guess, but potential manipulators if any are likely also watching forums.
 So you kept buying more on margin trading only during this run up? average price?

I think most of the posters in this thread are accumulating a long term position in XMR.

XMR is down 10%? It has to go down to below 0.002 for me to lose anything and i'm a latecomer to the party!

XMR is certainly a great long-term investment.

Yes, the warm invitation to whoever still needs to dump is still up:)
bet NO, defend your point.

Monero on sale. Great opportunity if you want some.

It is actually funny how all alts get dumped at same time or get bought. 3h ago most high traded coins on Poloniex lost value.

Is there one guy doing it? Or is a group?  This started with higher volume in last months.

Greedy little guy isnt he.  Giving the shorters ammunition to collect a few monero here and there while at the same time contributing to the devaluation of his whole stash.

So far so good 

I hadn't seen that, I don't lend BTC so never thought to look.  The XMR lending pool has been largely unaffected by the recent dumps, so it makes sense that it was borrowed longs closing out, rather than new shorts.  Also the other top gainers on Polo have taken a hit, adding some more confirmation to this.  High volume XMR dumping starting within minutes of the high volume (bitfinex) XBT pumping.  Thanks regexlove for pointing this out, it has widened the view for me.

   TC is just undercutting his own loans, not sure to what end 

Yeeeeeaaaaahhhhh, we got that thing on another exchange 
Thanks for the DEV on cryptopia.co.nz for the fast deployment in a few days with the new 0.9.3 binaries and the good documentation 

So you guys get some moneroj on cryptopia