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Topic: [XMR] Monero Speculation - page 1634. (Read 3313576 times)

legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
November 27, 2015, 02:15:43 AM
i heard about Gox the main problem was they ran a custom back end wallet which was problematic
and eventually they started fudging the books toying with things then when guys got spooked
they didn't have the capital to pay out so many withdrawls and eventually Mark threw a story out about hackers
when in reality he had the coins and knew exactly what the problem was..
NOTE: He had his lawyer admit he found something like 200,000 Bitcoins or something on a USB drive he said he "found in his couch"
AFTER he claimed hackers stole the coins (back around when Gox closed)

cryptsy ?
i think they have had similar problems over the last few years.. i have seen many times that BTC withdrawls will
end up frozen on people when it rocketed up in price.. this got so notorious before i started predicting it..
i would pull my coins out then tell others and then say i told you so afterwards.
i have also seen other fishy account freezing going on before..
what happened only they know but many warning signs point to them not being as honest as they claim to be
I stopped using them and never went back when i was fed some bs excuses when my coins vanished before while i was arb'ing
as soon as some coin exploded in value.. bam ! transfer problems and when i asked i was told their was a fork
and i went to every other exchange and all the other users and not 1 person on the internet so much as hinted at a fork..
BitJohn lied to me i think on Cryptsy chat about it and only after i badgered him about it..
I was on chat for hours and every once in a while i would ask if anyone else was waiting for coins too.. (they were ignoring me on chat playing dumb)
Eventually i was threatened to shut up about it or i'd be booted (they wanted the problem to be quiet)
I am certain they were simply freezing access to peoples coins so they could take advantage of the pump on the coin
by doing their own arb'ing.. with MY coins !
I came here and complained about it and said hey Cryptsy.. that is OUR money not yours your holding
Don't you god damn ever forget that !
so.. i left and i never did trust them and i have seen them pull a lot of shady sketchy shit over the years.
Holding large amounts of coins on there is very dumb i figure.

I cant wait for true decentralized blockchain based exchanges with liquidity.  The have been far too many hacks at various exchanges to trust them with a large amount.

THE TIME IS NOW !

These centralized exchanges just don't work.
I don't mean in some philosophical kind of way either.. i mean they are broken.
Trying sending coins.. cross your fingers Wink
hero member
Activity: 1874
Merit: 840
Keep what's important, and know who's your friend
November 27, 2015, 12:33:40 AM
coinmarket cap is a waist of time, coingecko is a waste of time.... the only thing that matters is the code. Monero wins.

I'm not saying that I base my support for monero only if it's a certain ranking, but more of just curious about the factors they include...
hero member
Activity: 798
Merit: 1000
21 million. I want them all.
November 27, 2015, 12:30:25 AM
coinmarket cap is a waist of time, coingecko is a waste of time.... the only thing that matters is the code. Monero wins.

Code which has been developed over the last year but is not yet part of a tagged release is likely the main reason for the significant difference between CoinGecko and CoinMarketCap for Monero.

What do you think explains Namecoin's gap?
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
November 26, 2015, 10:46:43 PM
Will monero implement the new BIP that will allow decentralized exchanges?

https://bitcointalksearch.org/topic/finally-opchecklocktimeverify-its-big-1248631

One day we can see a decentralized, MONERO <> BTC exchange system.

We have a very limited but similar feature already in that our nLockTime field works differently than the Bitcoin one (and more like CLTV). It isn't very useful without multisig and some other smart contract capabilities though. We're still studying how to integrate those.

Among other approaches we have looked at integrating Automated Transactions (which is available as open source and has been integrated with several other coins already), but none of it really makes sense without all the other pieces being there as well.


Great keep up the good work, hopefully one day we can see a triangle between MONERO <> NXT <> BTC , instant automatic exchange, no limits, minimal fees, and no trust Smiley

That will be the most glorious day in the cryptocurrency world.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
November 26, 2015, 10:46:31 PM
coinmarket cap is a waist of time, coingecko is a waste of time.... the only thing that matters is the code. Monero wins.

Code which has been developed over the last year but is not yet part of a tagged release is likely the main reason for the significant difference between CoinGecko and CoinMarketCap for Monero.
legendary
Activity: 1260
Merit: 1008
November 26, 2015, 10:36:54 PM
coinmarket cap is a waist of time, coingecko is a waste of time.... the only thing that matters is the code. Monero wins.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
November 26, 2015, 10:32:13 PM
Quick question... How does coingecko rank every coin? Like how can doge coin be #3 when the price is so low?

... becasue CoinGecko looks at a lot more than just capitalization which in many cases can be easily manipulated. If there is a marked discrepancy between the CoinGecko and capitalization rank of a coin, I would pay very close attention to that coin.
legendary
Activity: 2968
Merit: 1198
November 26, 2015, 10:04:25 PM
Quick question... How does coingecko rank every coin? Like how can doge coin be #3 when the price is so low?

They used to be a bit more clear about rankings (maybe still clear somewhere else on the site now?). It is a combination of the info in the different columns, so a combination of market factors and non market factors such as development, social network metrics (followers, etc.), and so forth.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
November 26, 2015, 08:57:49 PM
https://geti2p.net/en/get-involved/donate

their link to monero goes to "getmonero.com" instead of "getmonero.org"

Still not updated.
hero member
Activity: 1874
Merit: 840
Keep what's important, and know who's your friend
November 26, 2015, 08:47:51 PM
Quick question... How does coingecko rank every coin? Like how can doge coin be #3 when the price is so low?
legendary
Activity: 1624
Merit: 1008
November 26, 2015, 08:06:23 PM
Total buy orders on polo under 60 BTC. Looks like everything is down again with BTC's little jump, but I'm kinda thinking we're going under 0.001 here.

When was the last time this happened? (price  below .001, both with or without a BTC/USD reference baseline)

February

Ah cool thanks. I think if it goes below .001 then it will also go below 0.00075. Just set up buy orders accordingly Wink



I think it ain't gettin there.  Then again I know nothing.

After this last week my Monero house is now nicely furnished.

hero member
Activity: 742
Merit: 501
November 26, 2015, 06:07:02 PM
Total buy orders on polo under 60 BTC. Looks like everything is down again with BTC's little jump, but I'm kinda thinking we're going under 0.001 here.

When was the last time this happened? (price  below .001, both with or without a BTC/USD reference baseline)

February

Ah cool thanks. I think if it goes below .001 then it will also go below 0.00075. Just set up buy orders accordingly Wink

hero member
Activity: 798
Merit: 1000
21 million. I want them all.
November 26, 2015, 05:58:52 PM
Total buy orders on polo under 60 BTC. Looks like everything is down again with BTC's little jump, but I'm kinda thinking we're going under 0.001 here.

When was the last time this happened? (price  below .001, both with or without a BTC/USD reference baseline)

February
hero member
Activity: 742
Merit: 501
November 26, 2015, 05:50:42 PM
Total buy orders on polo under 60 BTC. Looks like everything is down again with BTC's little jump, but I'm kinda thinking we're going under 0.001 here.

When was the last time this happened? (price  below .001, both with or without a BTC/USD reference baseline)
hero member
Activity: 798
Merit: 1000
21 million. I want them all.
November 26, 2015, 01:27:18 PM
Total buy orders on polo under 60 BTC. Looks like everything is down again with BTC's little jump, but I'm kinda thinking we're going under 0.001 here.

There's strong support at .0009 to .001

USD value looking quite stable at 38 cents.
legendary
Activity: 3164
Merit: 1116
November 26, 2015, 11:55:26 AM
Total buy orders on polo under 60 BTC. Looks like everything is down again with BTC's little jump, but I'm kinda thinking we're going under 0.001 here.
legendary
Activity: 1449
Merit: 1001
November 26, 2015, 05:41:09 AM
Heads up guys. XMR just rose to 6th place overall on Coingecko.
https://www.coingecko.com/en
Wait till the 0.9 release...
Dash is at 7 so.....not impressed....

The spread between the Coingecko ranking 7 (Namecoin just passed us) and Coinmarketcap 16 is really significant. The implication is that Monero is severely undervalued at this point. The other coin with a significant positive spread is Namecoin 6 vs 11 indicating it is also undervalued although Namecoin has narrowed the spread recently, Some significant negative spreads indicating over valuation Ripple 5 vs 2 and Steller 18 vs 8 ouch. As for Dash slightly overvalued 9 vs 6.

Coinmarketcap is just what the name says so doesn't mean much ( ...bytecoin...).
Coingeko is supposed to rate other attributes,  but if dash is 7 it means some important attributes are not taken into account so I don't take the ranking so seriously.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
November 26, 2015, 01:24:53 AM
Heads up guys. XMR just rose to 6th place overall on Coingecko.
https://www.coingecko.com/en
Wait till the 0.9 release...
Dash is at 7 so.....not impressed....

The spread between the Coingecko ranking 7 (Namecoin just passed us) and Coinmarketcap 16 is really significant. The implication is that Monero is severely undervalued at this point. The other coin with a significant positive spread is Namecoin 6 vs 11 indicating it is also undervalued although Namecoin has narrowed the spread recently, Some significant negative spreads indicating over valuation Ripple 5 vs 2 and Steller 18 vs 8 ouch. As for Dash slightly overvalued 9 vs 6.
sr. member
Activity: 336
Merit: 250
November 25, 2015, 07:12:22 PM
Has this been posted already? If so, I apologize.

You can now donate Monero to the I2P.

I'll send a humble sum to support their decision.

Their link to monero goes to getmonero.com

Which is a dead link.

Shouldn't it be getmonero.org?

Can someone contact them?

I can't am away for the balance of the day.

I sent a Tweet to the person who I believe was in charge of adding Monero to that page. I am confident they will fix it soon

https://twitter.com/XMRpromotions/status/669666613793177600
sr. member
Activity: 392
Merit: 250
November 25, 2015, 07:00:08 PM
Has this been posted already? If so, I apologize.

You can now donate Monero to the I2P.

I'll send a humble sum to support their decision.

I wasn't aware of it, so thanks for the heads up. I'll send a few XMR their way. i2p ftw!

Wonder if other privacy oriented projects and services will follow. For example tor, or tor servers:
https://www.torservers.net/donate.html
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