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Topic: [XMR] Monero Speculation - page 1667. (Read 3313576 times)

newbie
Activity: 15
Merit: 0
October 29, 2015, 01:02:24 PM
Well there is Bittrex mainly.
I don't know whats currently up with hit-btc but they have usually a lot of arbitrage opportunities
and a really freaking fast API.
Cryptsy has done a Gox from what i have read so, meh also there api sucks.
Bter had the last time i tried it a really terrible and unpredictable API (Half the orderbook just vanished between calls...)
Are there any more "obscure" exchanges out there?
sr. member
Activity: 350
Merit: 250
October 29, 2015, 01:00:14 PM
hash rate is just a consequence of the price depending most directly on it, Monero is the most expensive cryptonote coin (Bytecoin doesnt count because of the premine) so it has the highest hash rate, same goes for Bitcoin hash rate a coin so expensive lots of people (corporations are ppl too) want to mine it, Monero hash rate is keeping it afloat technically, most miners don't want to secure networks because of the good in their hearts, greed is the fuel, thats the mark of Satoshi's genius, a system that if the price rises the hash rate will inevitably follow.

@smooth congratulation on your 10000th post Cheesy
hero member
Activity: 798
Merit: 1000
21 million. I want them all.
October 29, 2015, 12:56:19 PM
Hi,

I don't know if this is the correct place or not for that.

I'm currently writing an arbitrage bot in golang and thinking about sharing some of it (compiled versions).
Is there interest for something like it?

You may ask why i would share something like that if it is profitable?
Well i wan't to contribute a bit to Monero and if we have good arbitrage between exchanges we have a potentially
bigger orderbook which i think is good.

Also i would like to get a bit input from different person on how it is working etc...

That sounds good on paper, but there's really only one XMR pair on one XMR exchange. There won't be even 1 BTC worth of XMR to arb in a week
full member
Activity: 196
Merit: 100
October 29, 2015, 12:54:52 PM
The Price hasnt been intersting lately to say least
https://www.coingecko.com/en/price_charts/monero/btc
newbie
Activity: 15
Merit: 0
October 29, 2015, 12:51:51 PM
Hi,

I don't know if this is the correct place or not for that.

I'm currently writing an arbitrage bot in golang and thinking about sharing some of it (compiled versions).
Is there interest for something like it?

You may ask why i would share something like that if it is profitable?
Well i wan't to contribute a bit to Monero and if we have good arbitrage between exchanges we have a potentially
bigger orderbook which i think is good.

Also i would like to get a bit input from different person on how it is working etc...
legendary
Activity: 2968
Merit: 1198
October 29, 2015, 12:46:27 PM
I've just added USD and EUR weighted average stats for the XMR price to: http://vnno2t46wi42jgm7jdyf75obc2zbm3jizel6gvawaaj4mzmkgvoa.b32.i2p.xyz/
XMR price is ~ 0.51$ last year. The exception seems to be the last month with weighted average price of ~0.4$.

Hash rate used to be about 25% higher than it is now Sad

Why would hash rate decrease that much? Is there another PoW coin with high profitability right now or something?

I'm not sure the time frame being looked at. In September 2014 hash rate peaked in the high 20s. Now it seems to be about 13, with significant fluctuations (though I'm not sure how much of that observed fluctuation is measurement error).

That seems in line with the price action (in fiat) for the most part.
legendary
Activity: 2324
Merit: 1125
October 29, 2015, 11:53:14 AM
I am lamenting the emission cut did not pass a year ago. Currently we just get loads and loads of cheap XMR on top of what we have, and when the value is realized in the wider audience, it feels almost as bad as a premine, with great concentrations of coin in the hands of people who already were rich and smart and forward-looking.

The intention is not to punish from such qualities, but now the reward is so excessive it makes me blush  Embarrassed

"Equal opportunity" loses some of its allure when nobody is using it (and then complain afterwards, same as with BTC)

People will always complain. Getting the subsidized mining out of the way as quickly as possible without killing the currency is the goal.

Look at Bitcoin, it will start another growth spurt when the mining halves again. During the diluting period we can make use of the stickiness of price to not fall to hard and then get pulled up every time the rate of supply halves. Bootstrapping like this is one of Satoshi's brilliant (or lucky Wink) choices.
legendary
Activity: 2968
Merit: 1198
October 29, 2015, 10:52:59 AM
Most likely Monero fails.
Invest accordingly.
The markets are telling us the probability of Monero's failure has risen significiantly.
Weren't you buying a ton just last month?

Markets change. Shark must keep swimming to eat.
hero member
Activity: 722
Merit: 500
October 29, 2015, 10:42:16 AM
Nice dumpage Grin

Okay, I put 24 k manipulation and fake wall on 0.0232.
I hope to see some panic and fear now.  Grin

So panic and fear happened, now what's your plan?


Someone got margin called?

The plan is now to waite until this calms and then start bidding it back up like crazy.
The good news is it did not fall below 0.002.

However, now I am looking forward if it dips below 0.002... And buy obviously. Nothing has changed in Monero but the price.
legendary
Activity: 1449
Merit: 1001
October 29, 2015, 10:09:46 AM
Most likely Monero fails.
Invest accordingly.
The markets are telling us the probability of Monero's failure has risen significiantly.
Weren't you buying a ton just last month?
hero member
Activity: 770
Merit: 504
October 29, 2015, 10:08:29 AM
Most likely Monero fails.
Invest accordingly.
The markets are telling us the probability of Monero's failure has risen significiantly.


The efficient market hypothesis is wrong, because it is based on human psychology and is unreliable in small assets.  
  
At which point did bitcoin have a higher chance of failure, the last time we were at $300 or now?  If the efficient market hypothesis is correct, shouldn't it be well over $300 by now?  
  
Sometimes there are stronger forces than simply the will of all players.  
  
Also, Monero is actually keeping pace/slightly rising against the USD.  Keep in mind that bitcoin is on a tear right now, and the eventual ramifications of that should be obvious.  
  
Think for yourself and don't follow the herd, even if that herd finally decides that bitcoin is a worthwhile investment.  
donator
Activity: 1722
Merit: 1036
October 29, 2015, 10:05:27 AM
I am lamenting the emission cut did not pass a year ago. Currently we just get loads and loads of cheap XMR on top of what we have, and when the value is realized in the wider audience, it feels almost as bad as a premine, with great concentrations of coin in the hands of people who already were rich and smart and forward-looking.

The intention is not to punish from such qualities, but now the reward is so excessive it makes me blush  Embarrassed

"Equal opportunity" loses some of its allure when nobody is using it (and then complain afterwards, same as with BTC)
3x2
legendary
Activity: 1526
Merit: 1004
October 29, 2015, 09:35:37 AM
Most likely Monero fails.
Invest accordingly.
The markets are telling us the probability of Monero's failure has risen significiantly.
Your signature does make sense.
legendary
Activity: 1092
Merit: 1000
October 29, 2015, 09:33:21 AM
Most likely Monero fails.
Invest accordingly.
The markets are telling us the probability of Monero's failure has risen significiantly.
hero member
Activity: 770
Merit: 504
October 29, 2015, 08:55:17 AM
Is Monero dying? I added histograms of Monero trade quantity on different prices to http://vnno2t46wi42jgm7jdyf75obc2zbm3jizel6gvawaaj4mzmkgvoa.b32.i2p.xyz/.

 
Ugh, this shit.  Monero is under active development.  Even if the price falls further, there are a consistently higher number of people interested in it over time.  I am one such person and continue to buy it.  Eventually there won't be enough to go around, and no one will be willing to sell.  Then the price organically rises. 
 
Dead coins with no active development don't "die", so it's silly to assume the most promising crypto project on the entire internet might.
legendary
Activity: 1124
Merit: 1000
13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X
October 29, 2015, 05:35:28 AM
all we say is speculation...
some months ago i sold all my XMR and got a good position in ETH and looks like better investment to me and we had also great news some days ago with Microsoft. i don't say XMR is not good and things like that... but i would not buy it anymore i don't see any future on this coin.


hero member
Activity: 794
Merit: 1000
Monero (XMR) - secure, private, untraceable
October 29, 2015, 04:14:45 AM
I've just added USD and EUR weighted average stats for the XMR price to: http://vnno2t46wi42jgm7jdyf75obc2zbm3jizel6gvawaaj4mzmkgvoa.b32.i2p.xyz/
XMR price is ~ 0.51$ last year. The exception seems to be the last month with weighted average price of ~0.4$.

Hash rate used to be about 25% higher than it is now Sad
Is Monero dying? I added histograms of Monero trade quantity on different prices to http://vnno2t46wi42jgm7jdyf75obc2zbm3jizel6gvawaaj4mzmkgvoa.b32.i2p.xyz/.
donator
Activity: 1722
Merit: 1036
October 29, 2015, 02:29:43 AM
I remember rpietilä calling 0,5BTC/Monero as cheap if it has the success we all hope for  Grin

I gave a lecture about investing Tuesday, mentioned Monero now as the best EV VC investment I have ever seen in my career of 18 years.

Bitcoin is inferior, and time has advanced, yet I would gladly have bought BTC for $0.5 instead of $3, although even the latter was not that bad.
sr. member
Activity: 336
Merit: 250
October 29, 2015, 02:17:04 AM
cross post for those that don't read our announcement thread:

https://bitcointalksearch.org/topic/m.12817562

Thoughts about this?

legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
October 29, 2015, 01:22:45 AM
All this talk of price suppression.  After not being able to leave the 130s we just had a spike to 0.001539 after strong buys throughout the day.

This is after my final bid got filled while I slept last night Smiley

Its good. I can only speculate that ppl are more interested in crypto now, as bitcoin making headlines again. Also, you got  Cybersecurity Information Sharing Act (CISA) passed yesterday, which could re-ignite interest in protecting ones privacy, including finanical privacy. After all, bitcoin is not very private and anonymous (http://www.bitcoinisnotanonymous.com/) which can be concern for privacy oriented bitcoiners.

I'm fairly sure that CISA is not for privacy of the average american.

XMR will not bode well with those who passed CISA, I would wager.

I think the point was that privacy conscious people will hate CISA and may be interested in hearing about Monero.

My mistake I misread what was posted.

My bad.
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