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Topic: [XMR] Monero Speculation - page 1554. (Read 3313576 times)

sr. member
Activity: 392
Merit: 250
February 13, 2016, 07:35:38 AM
looks like a good call to me @koryu.
market seems to agree for now.  to go all the way up again would be crazy  Grin

at least there wont be a fight for 145k this time..this war is over it seems

the war? I think pump finished from last week or so. So xmr, is back to regular trading volumes.

I expect there will be more pumps coming soon for the previously #1 digital currency on Poloniex in terms of volume.

Possibile. But I dont see how xmr could reach volumes of eth. Even dash has been continuously traded with higher volume than xmr. I think spot #1 of xmr on Polo is lost, and cant see how it could go back to even being in first 3 spots anytime soon.

Haha. I think I was wrong few days ago :-)
legendary
Activity: 2268
Merit: 1141
February 13, 2016, 06:34:51 AM
binaryFate made this excellent post on reddit a few days ago to explain how ring signatures in Monero work (and a comparison against Bitcoin):

Quote
Here is a short recap, first how Bitcoin works and then the difference when you have ring signatures.

  • "Classic" signing as in Bitcoin: Whenever you want to spend an input (required when you build a transaction), you reference that input and produce a signature with the private key that corresponds to the address to which that input was sent.
  • Ring signing as in Monero: Whenever you want to spend an input, you reference that input PLUS some others with the same amount. Those additional inputs can be anywhere in the blockchain, recent or old. They can belong to dead people or their corresponding private key can be lost (just to underline they are not going to do anything active with you). Once you have this list of inputs (yours + the additionals), you create a ring signature using a private key. To any observer, this signature could have been created by any of the keys corresponding to the inputs. They have no way to know who the signer is, and therefore which input is actually spent in the list and which ones are "the additionals".

To insist that the process is entirely passive for others: they don't need to do anything, they can't even choose who will use their inputs as part of a ring or not. You can be the only user of Monero for an entire week and still create ring signatures as usual. You can also create ring signatures and therefore transactions on an airgap computer without any internet connection. (That should make it clear to you nobody else is involved in the process).

https://www.reddit.com/r/Monero/comments/44sz7q/propose_to_change_the_phrase_mixin_to_ring_size/cztbx9a
legendary
Activity: 2268
Merit: 1141
February 13, 2016, 06:24:12 AM
Anyone knows where the 130-160 shorts (x3) get margin called?

That's difficult to say, depends on the amount of collataral as well. However, normally a ~33% move in the opposite direction of the base price should result in a margin call.

EDIT: Exact formula for anyone interested. To calculate it exactly one needs to apply the following formula:

(amount of collateral - (amount of units/shares * price)) / (amount of units/shares * price) = % of maintenance margin

Amount of collateral is the sum of what is sitting in the account already + the proceeds from the short shale.
legendary
Activity: 1498
Merit: 1000
February 13, 2016, 06:22:23 AM
Anyone knows where the 130-160 shorts (x3) get margin called?
legendary
Activity: 1624
Merit: 1008
February 13, 2016, 06:21:06 AM
24hr volume on Polo is 1000 btc.  If you think the default 15 minute timeframe on bitcoinwisdom is impressive, take a look at the longer timeframes Shocked Grin

First time I can remember seeing XMR and BTC rising at the same time. Smiley


The people selling ETH have to go somewhere.

This is not because people suddenly realized how beautiful Monero is.  However they should realize it's been around for almost 2 years with good volume and improving fundamentals, maybe.

Then again siacoin also has 1000 btc volume.  WTF is that Huh  Tongue  and a price of 0.00000023 Shocked Grin
legendary
Activity: 1008
Merit: 1001
February 13, 2016, 06:19:58 AM
hero member
Activity: 722
Merit: 500
February 13, 2016, 06:16:44 AM
wow, someone is investing profits from ETH p&d. XMR can go very high, maybe 0.01-0.05 is not out of question now.

I think you are a little bit too optimistic ^^

I just did what he said... Wink  Cool

I bought most of mine with LTC  Grin
legendary
Activity: 1428
Merit: 1001
getmonero.org
February 13, 2016, 06:10:42 AM


That volume really pleases me Smiley
hero member
Activity: 672
Merit: 500
February 13, 2016, 05:45:29 AM
25000 wall being eaten, heading to .002
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
February 13, 2016, 05:37:26 AM
wow, someone is investing profits from ETH p&d. XMR can go very high, maybe 0.01-0.05 is not out of question now.

I think you are a little bit too optimistic ^^

I just did what he said... Wink  Cool
hero member
Activity: 876
Merit: 568
( ͡⊙ ͜ʖ ͡⊙)
February 13, 2016, 05:15:38 AM
wow, someone is investing profits from ETH p&d. XMR can go very high, maybe 0.01-0.05 is not out of question now.

I think you are a little bit too optimistic ^^
hero member
Activity: 538
Merit: 500
February 13, 2016, 05:07:26 AM
wow, someone is investing profits from ETH p&d. XMR can go very high, maybe 0.01-0.05 is not out of question now.
hero member
Activity: 681
Merit: 507
February 13, 2016, 04:55:58 AM
this move up is sick :-) but sticked to the plan and closed my long position here

https://www.tradingview.com/chart/XMRBTC/U3yLIq95-Long-Monero/
hero member
Activity: 798
Merit: 1000
February 13, 2016, 04:05:52 AM
Seems we're finally moving in the right direction again.

Will be interesting to see what historical resistance provide the most difficulty
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
February 13, 2016, 03:31:59 AM
be a part of this thread, at least I was also holding the bag XMR and it looks like I'll get good news here, cheers
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
February 13, 2016, 03:22:46 AM
Key resistance level broken on volume:

Horizontal line is 167-168k satoshi.

to me resistance is at 0.002

That is a physiological number.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
February 13, 2016, 03:21:35 AM
Key resistance level broken on volume:

Horizontal line is 167-168k satoshi.

to me resistance is at 0.002
legendary
Activity: 1092
Merit: 1000
February 13, 2016, 03:02:52 AM
I am having higher than 0.0001 % rates. I hope the shorters will hold their positions open as long as possible.
Polo is considered a trustworthy exchange.

Aren't you curious to discover the maximum lending rate the market will bear, especially in this current big green spike?

Charging less than what people are willing to pay seems like altruism, as you are undercutting your own potential profit.

I am not undercutting.
My rates sure are a little bit below the markets now but they are still decent. Obviously when you have a sudden spike like this while you are sleeping it is hard to try to maximize it. Also attempting to maximize profits is not necessarily a prudent thing to do if it means you also miss the opportunity completely.
In the markets there is a supply and demand and I am lending out at the rate I am satisfied, nothing less nothing more.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
February 13, 2016, 02:58:29 AM
I am having higher than 0.0001 % rates. I hope the shorters will hold their positions open as long as possible.
Polo is considered a trustworthy exchange.

Aren't you curious to discover the maximum lending rate the market will bear, especially in this current big green spike?

Charging less than what people are willing to pay seems like altruism, as you are undercutting your own potential profit.
legendary
Activity: 1092
Merit: 1000
February 13, 2016, 02:47:09 AM
No but all my Moneros that are available for shorters are fully employed.

Stop lending XMR for such low rates.  It's time to squeeze the shorts, not subsidize them.  1% or GTFO.

I am satisfied with my rates I am getting.
Thank you for your advice but I am going to hold on my lending positions.

Low rates aren't worth the the risk(s) of having the funds on an exchange, IMO.

Taleb's warning about "picking up pennies in front of steamroller" comes to mind.

Are you they guy that insists on putting 1000s of XMR up for the minimum rate of 0.0001%?   Cheesy

I am having higher than 0.0001 % rates. I hope the shorters will hold their positions open as long as possible.
Polo is considered a trustworthy exchange.
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