Topic: [XMR] Monero Speculation - page 1444. (Read 3313576 times)
Hey guys,
I'm all new to Monero and also to mining - could you help me setting up my system to do some mining? Is there any tutorial? Apparently I'm too dumb to find one
I'm all new to Monero and also to mining - could you help me setting up my system to do some mining? Is there any tutorial? Apparently I'm too dumb to find one
Some serious kinda pump this last hour or so since I woke up. Wow.
Wow...and a change of 500 btc in the order book.
Dose walls, doe!
Wow...and a change of 500 btc in the order book.
Dose walls, doe!
Most alts are up so its hard to say how much was XMR specific.
Regardless, after the official GUI comes out I think we may never see sub .003 prices again
Is there anyway to follow the development of the GUI?
info on the project github is here. feel free to contribute. https://forum.getmonero.org/9/work-in-progress/2476/the-official-qt-gui-project
looks like a soft eta based on current development so far is some alpha version in a few weeks.
Some serious kinda pump this last hour or so since I woke up. Wow.
Wow...and a change of 500 btc in the order book.
Dose walls, doe!
Wow...and a change of 500 btc in the order book.
Dose walls, doe!
Most alts are up so its hard to say how much was XMR specific.
Regardless, after the official GUI comes out I think we may never see sub .003 prices again
Is there anyway to follow the development of the GUI?
Some serious kinda pump this last hour or so since I woke up. Wow.
Wow...and a change of 500 btc in the order book.
Dose walls, doe!
Wow...and a change of 500 btc in the order book.
Dose walls, doe!
Most alts are up so its hard to say how much was XMR specific.
Regardless, after the official GUI comes out I think we may never see sub .003 prices again
I think I saw a picture of monero nodes being run on Azure. We should probably release that now and fuel this pump.
Some serious kinda pump this last hour or so since I woke up. Wow.
Wow...and a change of 500 btc in the order book.
Dose walls, doe!
Wow...and a change of 500 btc in the order book.
Dose walls, doe!
Fourth dev meeting in approximately 4 hours (17:00 UTC). Dev meeting will be held at #monero-dev on freenode.
https://www.timeanddate.com/worldclock/converted.html?iso=20160319T17&p1=0&p2=56&p3=37&p4=102&p5=240&p6=136&p7=179&p8=137&p9=70
If you have an IRC client, just make sure you are on the freenode server and you can subsequently join #monero-dev. If you don't have an IRC client, you can follow the dev meeting using:
http://webchat.freenode.net/
Set the channel to -> #monero-dev and pick a nickname you like. Everyone is welcome to follow the dev meeting!
https://www.timeanddate.com/worldclock/converted.html?iso=20160319T17&p1=0&p2=56&p3=37&p4=102&p5=240&p6=136&p7=179&p8=137&p9=70
If you have an IRC client, just make sure you are on the freenode server and you can subsequently join #monero-dev. If you don't have an IRC client, you can follow the dev meeting using:
http://webchat.freenode.net/
Set the channel to -> #monero-dev and pick a nickname you like. Everyone is welcome to follow the dev meeting!
I suppose we will be bouncing around between this support and resistance zone until the hardfork.
The support zone is pretty strong since is is (i) previous major resistance (i.e. previous highs (resistance turns into support)) and (ii) tested multiple times on high volume.
The support zone is pretty strong since is is (i) previous major resistance (i.e. previous highs (resistance turns into support)) and (ii) tested multiple times on high volume.
Seems there are an awful lot of offers there grasping for pennies. Hardly worth the effort?
I recall earlier posts suggesting 0.1% as a minimum asking rate, and given the particulars, that seems reasonable. Less than that... To each his own, I guess. Though I don't see how you could get a reasonable rate when there are plenty of offers at next to nothing.
I recall earlier posts suggesting 0.1% as a minimum asking rate, and given the particulars, that seems reasonable. Less than that... To each his own, I guess. Though I don't see how you could get a reasonable rate when there are plenty of offers at next to nothing.
I tried to raise group consciousness above the 'crabs in a bucket' level, but it seems people prefer a race to the bottom mentality, as they insist on underpricing their assets and thus functionally subsidize loans.
They won't win anything for placing in that race, because when XMR is down or flat there is no demand for loans at any rate, and when it spikes the cheap, nearly free loans are quickly gobbled up.
The winning/optimal strategy is to offer coins starting around 0.1%, ignore the shitlords grasping for pennies, let them act as cannon fodder during loan demand spikes, and sit back as those stuck defending/maintaining short positions are forced to pay reasonable rates (or cover at a loss).
I think one could assume that those offering < 0.1 % are both not involved in these circles and don't care that much about the vehicle getting them from point A (less money) to point B (more money). But I could be being unduly harsh on the pure speculators at poloniex.
I don't know why, but honestly I dream about this just before I woke up and see this price rising.
In my dream it about 0.008 though, so who knows. Maybe that's the target number
In my dream it about 0.008 though, so who knows. Maybe that's the target number
How much of a downward motion would this create if they decided to get out?
A bid is evidence of a capability to buy in. An ask is evidence of a capability to sell out. Showing evidence of funds on one side does not imply funds on the other side. One must resort to second-level gaming to infer the opposite. Additional levels of gaming just result in compounding the inversions of logic with exponentially decreasing probability of accuracy.
500 btc would sweep the book to .004. The offer has left the book anyhow. The effect was an upturn in the very short-term price trend.
Sometimes a large order will result in the market fleeing the wall. Sometimes it will result in the market seeking out the wall. It depends on what polar flavor of liquidity is yearning to breathe free, and at what price. So far from the top of the book, it will cause ripples, but can actually stabilize things while everyone waits for a shoe to drop.
Thank you for this explanation, had to read twice to absorb. Learning more everyday.
Seems there are an awful lot of offers there grasping for pennies. Hardly worth the effort?
I recall earlier posts suggesting 0.1% as a minimum asking rate, and given the particulars, that seems reasonable. Less than that... To each his own, I guess. Though I don't see how you could get a reasonable rate when there are plenty of offers at next to nothing.
I recall earlier posts suggesting 0.1% as a minimum asking rate, and given the particulars, that seems reasonable. Less than that... To each his own, I guess. Though I don't see how you could get a reasonable rate when there are plenty of offers at next to nothing.
I tried to raise group consciousness above the 'crabs in a bucket' level, but it seems people prefer a race to the bottom mentality, as they insist on underpricing their assets and thus functionally subsidize loans.
They won't win anything for placing in that race, because when XMR is down or flat there is no demand for loans at any rate, and when it spikes the cheap, nearly free loans are quickly gobbled up.
The winning/optimal strategy is to offer coins starting around 0.1%, ignore the shitlords grasping for pennies, let them act as cannon fodder during loan demand spikes, and sit back as those stuck defending/maintaining short positions are forced to pay reasonable rates (or cover at a loss).
Word! BTW killed it tonight!
Made one bad call, had pocket kings and had to call the quad tens (3 tens on the board). Stupid but meh.
Seems there are an awful lot of offers there grasping for pennies. Hardly worth the effort?
I recall earlier posts suggesting 0.1% as a minimum asking rate, and given the particulars, that seems reasonable. Less than that... To each his own, I guess. Though I don't see how you could get a reasonable rate when there are plenty of offers at next to nothing.
I recall earlier posts suggesting 0.1% as a minimum asking rate, and given the particulars, that seems reasonable. Less than that... To each his own, I guess. Though I don't see how you could get a reasonable rate when there are plenty of offers at next to nothing.
I tried to raise group consciousness above the 'crabs in a bucket' level, but it seems people prefer a race to the bottom mentality, as they insist on underpricing their assets and thus functionally subsidize loans.
They won't win anything for placing in that race, because when XMR is down or flat there is no demand for loans at any rate, and when it spikes the cheap, nearly free loans are quickly gobbled up.
The winning/optimal strategy is to offer coins starting around 0.1%, ignore the shitlords grasping for pennies, let them act as cannon fodder during loan demand spikes, and sit back as those stuck defending/maintaining short positions are forced to pay reasonable rates (or cover at a loss).
are you guys loaning out on polo ive been collecting at around like 0.02% rate wish it could be higher.
Is the rate for specified term, or compounded daily, or?
It is a daily rate for a maximum term that you specify. The borrower can pay back early. There is no compounding until the loan is paid back and you reinvest the proceeds (at the then-available rate).
Huh. Seems there are an awful lot of offers there grasping for pennies. Hardly worth the effort?
I recall earlier posts suggesting 0.1% as a minimum asking rate, and given the particulars, that seems reasonable. Less than that... To each his own, I guess. Though I don't see how you could get a reasonable rate when there are plenty of offers at next to nothing.
are you guys loaning out on polo ive been collecting at around like 0.02% rate wish it could be higher.
Is the rate for specified term, or compounded daily, or?
It is a daily rate for a maximum term that you specify. The borrower can pay back early. There is no compounding until the loan is paid back and you reinvest the proceeds (at the then-available rate).
are you guys loaning out on polo ive been collecting at around like 0.02% rate wish it could be higher.
Is the rate for specified term, or compounded daily, or?
are you guys loaning out on polo ive been collecting at around like 0.02% rate wish it could be higher.
Crosspost:
Monero-ers in Japan, let's meet up when my wife and I are there in a week-and-a-half's time:)
Post: https://forum.getmonero.org/11/meta/2511/monero-in-japan
Post: https://forum.getmonero.org/11/meta/2511/monero-in-japan
That sounds like fun! I wish I could attend
Crosspost:
Monero-ers in Japan, let's meet up when my wife and I are there in a week-and-a-half's time:)
Post: https://forum.getmonero.org/11/meta/2511/monero-in-japan
Post: https://forum.getmonero.org/11/meta/2511/monero-in-japan
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