1. Aminorex
I am somehow flattered to be at the top of your list of suspects, but for the record, no, I continue to accumulate slowly. That smell of rotting bearwhale on the shore -- not me. 
Topic: [XMR] Monero Speculation - page 1507. (Read 3313576 times)
Annoying, for the sake of such a small amount of coins (only 8500 usd) one needs to dump like crazy and risking of now being able to accumulate cheaper.
However, I wonder why he announced his manipulation publically?
However, I wonder why he announced his manipulation publically?
In a world that values Ethereum, a presale IPO with tens of millions of more coins potentially hitting the market soon (or the algo switches to POS, i don't even know anymore), at $9 each, Monero is absurd at 80 cents.
We should be at $2 to $3 minimum.
I say we show them what it feels like to have 0 XMR by buying every sell wall they put up until they realize the price is leaving 200k and not coming back. You heard it: this is artificially cheap XMR - what else are you waiting for?
We should be at $2 to $3 minimum.
"Actually several of us are trying to hold the price down on $XMR, we need cheap coins for a few more months lol"
https://twitter.com/Joshua_Muller/status/704883977040093184
Annoying as fuck.
https://twitter.com/Joshua_Muller/status/704883977040093184
Annoying as fuck.
I say we show them what it feels like to have 0 XMR by buying every sell wall they put up until they realize the price is leaving 200k and not coming back. You heard it: this is artificially cheap XMR - what else are you waiting for?
It was a hell of an endorsement actually - another quote:
"We agree, just diff. strategies/opinions to reach goal. $XMR hugely undervalued but we're trying to downplay it & stay cheap"
Dream on...
He says he is manipulating the market with a goal of accumulating 10k xmr.
Epic Neckbeard logic fail.
Market has swalllowed a large dump over the past couple of days. That creates a little air pocket in demand, which takes maybe a couple of days to fill. How fast and how firm the fill will tell us a lot about the moneyflow trends, whether they are short-term rising or falling.
Deflation has hit Crypto Kingdom. It could turn into hyper deflation.
CKG is still near ATH in fiat terms and up +272% y-o-y.Quote
Land price has suffered
So, housing bubble popped? Gonna do whatever it takes? NIRP? Maybe start your helicopter? Those pesky savers! Well, if your wealthy citizens ever need a way to escape financial repression, I could provide them some XMR, I suppose.
In a world that values Ethereum, a presale IPO with tens of millions of more coins potentially hitting the market soon (or the algo switches to POS, i don't even know anymore), at $9 each, Monero is absurd at 80 cents.
We should be at $2 to $3 minimum.
I say we show them what it feels like to have 0 XMR by buying every sell wall they put up until they realize the price is leaving 200k and not coming back. You heard it: this is artificially cheap XMR - what else are you waiting for?
We should be at $2 to $3 minimum.
"Actually several of us are trying to hold the price down on $XMR, we need cheap coins for a few more months lol"
https://twitter.com/Joshua_Muller/status/704883977040093184
Annoying as fuck.
https://twitter.com/Joshua_Muller/status/704883977040093184
Annoying as fuck.
I say we show them what it feels like to have 0 XMR by buying every sell wall they put up until they realize the price is leaving 200k and not coming back. You heard it: this is artificially cheap XMR - what else are you waiting for?
It was a hell of an endorsement actually - another quote:
"We agree, just diff. strategies/opinions to reach goal. $XMR hugely undervalued but we're trying to downplay it & stay cheap"
Dream on...
In a world that values Ethereum, a presale IPO with tens of millions of more coins potentially hitting the market soon (or the algo switches to POS, i don't even know anymore), at $9 each, Monero is absurd at 80 cents.
We should be at $2 to $3 minimum.
I say we show them what it feels like to have 0 XMR by buying every sell wall they put up until they realize the price is leaving 200k and not coming back. You heard it: this is artificially cheap XMR - what else are you waiting for?
We should be at $2 to $3 minimum.
"Actually several of us are trying to hold the price down on $XMR, we need cheap coins for a few more months lol"
https://twitter.com/Joshua_Muller/status/704883977040093184
Annoying as fuck.
https://twitter.com/Joshua_Muller/status/704883977040093184
Annoying as fuck.
I say we show them what it feels like to have 0 XMR by buying every sell wall they put up until they realize the price is leaving 200k and not coming back. You heard it: this is artificially cheap XMR - what else are you waiting for?
"Actually several of us are trying to hold the price down on $XMR, we need cheap coins for a few more months lol"
https://twitter.com/Joshua_Muller/status/704883977040093184
Annoying as fuck.
https://twitter.com/Joshua_Muller/status/704883977040093184
Annoying as fuck.
The 185k support zone was once again tested on high volume. I hope this was our "bearwhale / wallguy" dumping his remains.
Deflation has hit Crypto Kingdom. It could turn into hyper deflation.
CKG is still near ATH in fiat terms and up +272% y-o-y.
CON is unchanged.
Land price has suffered but it's harder to track. There is a great glut of land currently, but that's what I am buying. It is cheap, and Building module opens soon.
You were correct that we needed to devalue the consumer items.
Even at the current activity (which is a fraction of % of our target in 2 years) Town can pay the weekly 450 XMR on consols very easily even if XMR goes to 0.01, so you can buy as many as you can get. They will be harder to get in the future as:
1) Town costs are contracted in fiat, rising XMR means less XMR raised
2) Rising CON means less CON issued per XMR raised
=> causing a quadratic reduction on new issues.
Deflation has hit Crypto Kingdom. It could turn into hyper deflation.
Not me either. I'm just a small "fish" 
that is a good pain. I expect you to have those pains many many times in the next few decades or more.
Are you sure there is no conflict of an interest? Apparently it is in the best interest of Risto to have cheap xmr..
Now we can speculate on who is the bear whale in the markets.
1. Aminorex
2. Risto
3. Someone else
Nonsense. It was me all along the way...
(j/k)
that is a good pain. I expect you to have those pains many many times in the next few decades or more.
Are you sure there is no conflict of an interest? Apparently it is in the best interest of Risto to have cheap xmr..
Now we can speculate on who is the bear whale in the markets.
1. Aminorex
2. Risto
3. Someone else
that is a good pain. I expect you to have those pains many many times in the next few decades or more.
Funny you should bring this up since I just posted this an hour ago:
https://twitter.com/JasonCatalyst/status/704887840803454976
ETH and XMR aren't in competition. They are two different applications of a basic technology.
https://twitter.com/JasonCatalyst/status/704887840803454976
ETH and XMR aren't in competition. They are two different applications of a basic technology.
My worry is that if this model actually does succeed wildly, it establishes precedent for a thousand scammy IPO 'dapp' currencies popping up (as we already see) and bilking people of money. It also will hurt the reputation of crypto as a whole.
I agree of course. This is inevitable (and already happening).
Best advice is to ignore the noise unless you are very good at short-term trading against the mob and stick with the fundamentally strong assets. Over time they will do better.
I'm getting fairly concerned about the "value* discrepancy" between XMR and ETH.
(* - value as defined by proponents of XMR)
ETH has been on an upward parabolic growth curve ever since early Jan 2016.
It has broken the ATH of 0.008888 (set on 14 Aug 2015) on 10th Feb 2016, and has successfully retested the 0.008888 on 18 Feb 2016.
ETH has not looked back ever since, and has made another 20% jump up yesterday.
Success begets success, momentum begets momentum.
If there are no obvious catalysts for XMR's growth in the near-term, the distance between these two will continue to grow wider.
ETH appears to be a good speculative vehicle for aspiring George Soros'es.
The question is, will XMR continue to be supported by crypto-minded Warren Buffets around the world?
(* - value as defined by proponents of XMR)
ETH has been on an upward parabolic growth curve ever since early Jan 2016.
It has broken the ATH of 0.008888 (set on 14 Aug 2015) on 10th Feb 2016, and has successfully retested the 0.008888 on 18 Feb 2016.
ETH has not looked back ever since, and has made another 20% jump up yesterday.
Success begets success, momentum begets momentum.
If there are no obvious catalysts for XMR's growth in the near-term, the distance between these two will continue to grow wider.
ETH appears to be a good speculative vehicle for aspiring George Soros'es.
The question is, will XMR continue to be supported by crypto-minded Warren Buffets around the world?
granted, this is a speculation thread, but the value proposed by proponents of XMR centers on its actual utility as a fungible, private, secure currency. Its price is unique from this intrinsic value. If I want to buy 1 jambledrop privately from bob, I can send him however much monero he wants for that jambledrop, with the assuredness that my transaction is private, and bob is assured that the monero he receives will always be equal to any other monero out in existence, regardless of how the world views jambledrop exchange, or wherever I got my monero. Furthermore, bob and I both know that this transaction will occur in minutes due to the adaptive blocksize.
Monero is not a speculative vehicle. Its a currency.
GingerAle, I agree with you. I intend to hold XMR, not to trade on it.
I only hold a small amount of it. I treat it as an experiment of buying a digital currency with good fundamentals.
The only liquid markets suitable for speculation now are BTC and ETH.
The current state of BTC and altcoin trading (ex-China) is still in its relative infancy, similar to U.S. equities 30 years ago.
However it will mature faster once it gains mainstream institutional acceptance within US and EU.
What frustrates me about the whole thing is the sketchy dev support behind Ethereum to start with, in addition to their IPO launch schemes. Additionally, the uncertain future of what/when they will change to Proof of Stake hurts the credibility of the project further (honestly I have no idea wtf they are talking about with that, and can't be bothered to learn because it sounds scammy as hell).
My worry is that if this model actually does succeed wildly, it establishes precedent for a thousand scammy IPO 'dapp' currencies popping up (as we already see) and bilking people of money. It also will hurt the reputation of crypto as a whole.
Anyway, Monero is far more advanced and has an entirely different purpose. No worries that we can't both coexist... I just have a bad taste in my mouth existing in the same world where Ethereum's antics actually make it a billion dollar crypto.
My worry is that if this model actually does succeed wildly, it establishes precedent for a thousand scammy IPO 'dapp' currencies popping up (as we already see) and bilking people of money. It also will hurt the reputation of crypto as a whole.
Anyway, Monero is far more advanced and has an entirely different purpose. No worries that we can't both coexist... I just have a bad taste in my mouth existing in the same world where Ethereum's antics actually make it a billion dollar crypto.
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