[XMR] Monero Speculation - page 1834.

TrueCryptonaire

legendary

Activity: 1092

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Quote from: dnaleor on July 19, 2015, 08:00:31 AM

On august 6 this wedge closes.
xmrchina always drops the date "august 8"
Coincidence?

Indeed the trading range is getting tighter and tighter. Very hard to trade profitable these days as there hardly is volatility and if we have volatility, it is only due to buy/sell 10 XMR or so at one time.

rpietila

donator

Activity: 1722

Merit: 1036

Crypto Kingdom is also steaming on with interesting developments.

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

On august 6 this wedge closes.
xmrchina always drops the date "august 8"
Coincidence?

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: medusa13 on July 19, 2015, 06:52:41 AM

are we not able to produce anymore high volume days on poloniex? if those lousy 30 btc volume/170 btc bid manage to hold price up, what do you all think will happen once we reach our old numbers again ? And what happens if we have a real pump up, with 600 btc + on the books?
exactly... Grin

right now xmr seems to be just another coin floating around at poloniex. it is some time ago when we were the daily volume leader on our main (!) exchange.

dont know if it can still happen on polo though...some hot money is definetely around there as we could see with ltc volume during the pump, but some liquid xmr buyers and sellers are clearly refusing poloniex.

but no one cares since most of us enjoy putting up small bids around 190k and seeing them being dumped every day again. thank you so much whoever you are! i bet the whales could play this game forever, but can the dumpers too? Cool

maybe this is also just becasue its the floor we are sitting at right now...i remember last floor was quite the same, very low volume for days until the first 30btc+ market buys hit

They chased away a large portion of their customer base, especially the customer base for a privacy-oriented coin, with their KYC stuff. This isn't meant as a criticism of them for doing it (I was critical of some aspects of their process but that's history now), just an observation.

More of the coins are now just being kept in cold storage somewhere or being traded OTC.

medusa13

sr. member

Activity: 453

Merit: 500

hello world

are we not able to produce anymore high volume days on poloniex? if those lousy 30 btc volume/170 btc bid manage to hold price up, what do you all think will happen once we reach our old numbers again ? And what happens if we have a real pump up, with 600 btc + on the books?
exactly... Grin

right now xmr seems to be just another coin floating around at poloniex. it is some time ago when we were the daily volume leader on our main (!) exchange.

dont know if it can still happen on polo though...some hot money is definetely around there as we could see with ltc volume during the pump, but some liquid xmr buyers and sellers are clearly refusing poloniex.

but no one cares since most of us enjoy putting up small bids around 190k and seeing them being dumped every day again. thank you so much whoever you are! i bet the whales could play this game forever, but can the dumpers too? Cool

maybe this is also just becasue its the floor we are sitting at right now...i remember last floor was quite the same, very low volume for days until the first 30btc+ market buys hit

futureofbitcoin

sr. member

Activity: 322

Merit: 250

why does moneroinvestment.com say that the market cap of monero is 1.5 million in may 2015?

newb4now

hero member

Activity: 686

Merit: 500

Quote from: papa_lazzarou on July 18, 2015, 09:33:25 AM

Quote from: doc12 on July 17, 2015, 07:29:24 PM

Quote from: iCEBREAKER on July 17, 2015, 06:22:27 PM

Quote from: dEBRUYNE on July 17, 2015, 07:42:26 AM

Interesting tweet:

https://twitter.com/petertoddbtc/status/622022840330682368

LOL rekt

https://twitter.com/petertoddbtc/status/622081863008436225

...and double rekt

Lol the dashtards seem very butthurt about that ...

The thing I find hilarious about that whole business is that half of those guys don't even know who Peter Todd is... (and the other half thinks crypto means a kick ass wallet). Wink

I noticed that too. They attack a core dev without being able to define cryptography. Funny

papa_lazzarou

hero member

Activity: 649

Merit: 500

Quote from: doc12 on July 17, 2015, 07:29:24 PM

Quote from: iCEBREAKER on July 17, 2015, 06:22:27 PM

Quote from: dEBRUYNE on July 17, 2015, 07:42:26 AM

Interesting tweet:

https://twitter.com/petertoddbtc/status/622022840330682368

LOL rekt

https://twitter.com/petertoddbtc/status/622081863008436225

...and double rekt

Lol the dashtards seem very butthurt about that ...

The thing I find hilarious about that whole business is that half of those guys don't even know who Peter Todd is... (and the other half thinks crypto means a kick ass wallet). Wink

papa_lazzarou

hero member

Activity: 649

Merit: 500

Quote from: AnonCoinTwitter on July 17, 2015, 08:36:44 PM

Quote from: doc12 on July 17, 2015, 07:29:24 PM

Quote from: iCEBREAKER on July 17, 2015, 06:22:27 PM

Quote from: dEBRUYNE on July 17, 2015, 07:42:26 AM

Interesting tweet:

https://twitter.com/petertoddbtc/status/622022840330682368

LOL rekt

https://twitter.com/petertoddbtc/status/622081863008436225

...and double rekt

Lol the dashtards seem very butthurt about that ...

I retweeted this as well. I know I am not the only former ANC believer that has now moved on to XMR

Very impressed by the amount of recent development activity coming out of your camp

Welcome. Drop by the getmonero.org forum and join the fun!

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

When it comes to moneroinvestment.com site's probability table..
There is one major problem that increases Monero's risk and it is the tie to bitcoin. Let's say, Monero stays stable with bitcoin at 0.002 but bitcoin dumps to 20 usd each. It means, Monero costs 4 cents only despite the fact that it has been relatively stable.
Therefore I am calling a well functioning fiat-Monero-fiat markets to open and eliminate the bitcoin-risk there so that Risto can correct the probabilities there a little bit as now he has included the bitcoin risk into Monero.

kazuki49

sr. member

Activity: 350

Merit: 250

Quote from: smooth on July 16, 2015, 03:04:04 PM

Quote from: iCEBREAKER on July 16, 2015, 02:59:24 PM

If mainbody emission is 2^64 tacoshi, how are the extra tail-end units accounted for without breaking the architecture/modulo/coinbase thingy?

Yes it is already accounted for in the code. Individual transactions won't be able to exceed 2^64 (and this is checked) without further changes but the total outstanding supply number is not used except to calculate the variable block rewards, which of course isn't needed once the rewards become fixed.

There may be changes needed in wallets to not use 64 bit math to calculate and display the total balance (once someone has a wallet containing >2^64 units, if that ever happens) but that is cosmetic not part of the protocol (balances don't exist at the protocol level only outputs).

#nolooseends #xmr Grin

rpietila

donator

Activity: 1722

Merit: 1036

It's playing with fire. You may be able to execute 10% quick shorts several times in a row, until you fail legendarily.

We have different investing styles. I don't play Russian Roulette but someone likes it, so... Grin

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: ?? on ??

Quote from: saddambitcoin on July 17, 2015, 04:47:52 PM

Quote from: Johnny Mnemonic on July 17, 2015, 12:09:10 PM

I'm seeing all the forum spam and FUD as an indication of upward price movement in the near term. The volume on Poloniex has been quite low, and the trolls are likely trying to suppress an inevitable surge. I predict their efforts will backfire.

That very well could be, don't forget there was a guy in the trollbox last week that sold 20 BTC worth at 0.002. He claimed to have 80k XMR where that came from.

He said that he was selling because he could buy it lower. I didn't believe him at the time but here we are.

That's playing foolish though. Selling to buy not even 10% lower in this market with this asset?

The speculators are doing a favor to the community as they give markets to the buyers when the price increases and there is more demand and they are giving markets for the dumpers.
10 % is a nice gain IMHO. Stock markets give you 5-6 % p.a. over long run (100 years or so) so 10 % within a couple weeks is quite good.
Indeed there was a shortage of short sellers (and still is, therefore the rates are at minimum they can go) so he had opportunity to act like a short seller and dump in order to rebuy lower.

AnonCoinTwitter

full member

Activity: 158

Merit: 100

Quote from: doc12 on July 17, 2015, 07:29:24 PM

Quote from: iCEBREAKER on July 17, 2015, 06:22:27 PM

Quote from: dEBRUYNE on July 17, 2015, 07:42:26 AM

Interesting tweet:

https://twitter.com/petertoddbtc/status/622022840330682368

LOL rekt

https://twitter.com/petertoddbtc/status/622081863008436225

...and double rekt

Lol the dashtards seem very butthurt about that ...

I retweeted this as well. I know I am not the only former ANC believer that has now moved on to XMR

Very impressed by the amount of recent development activity coming out of your camp

doc12

legendary

Activity: 1284

Merit: 1042

Quote from: iCEBREAKER on July 17, 2015, 06:22:27 PM

Quote from: dEBRUYNE on July 17, 2015, 07:42:26 AM

Interesting tweet:

https://twitter.com/petertoddbtc/status/622022840330682368

LOL rekt

https://twitter.com/petertoddbtc/status/622081863008436225

...and double rekt

Lol the dashtards seem very butthurt about that ...

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

Quote from: SmoothCurves on July 17, 2015, 04:19:05 PM

How many XMR would you say is a good amount to hold for the long term?

Option A) Minimum of 500

Option B) Minimum of 1,000

Option C) Minimum of 5,000

this depends on what you want to achieve and what probabilities you assign to different scenario's AND how much you are able to invest and willing to loose. Design a selling plan and stick to it.

For example selling 10% of your remaining stash when the exchange rate doubles.
calculate in advance how much that would net you when the exchange rate reaches a certain point.
Set a goal, for example 2 million for the moment you decide to retire early (of you want that)
decide how fast you want your investment back. If you see that probablility for xmr doubling as very high, maybe invest double as what you want to keep long term and sell half of it if the exchange rate doubles the first time.
etc etc

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: dEBRUYNE on July 17, 2015, 07:42:26 AM

Interesting tweet:

https://twitter.com/petertoddbtc/status/622022840330682368

LOL rekt

https://twitter.com/petertoddbtc/status/622081863008436225

...and double rekt

saddambitcoin

legendary

Activity: 1610

Merit: 1004

Quote from: Johnny Mnemonic on July 17, 2015, 12:09:10 PM

I'm seeing all the forum spam and FUD as an indication of upward price movement in the near term. The volume on Poloniex has been quite low, and the trolls are likely trying to suppress an inevitable surge. I predict their efforts will backfire.

That very well could be, don't forget there was a guy in the trollbox last week that sold 20 BTC worth at 0.002. He claimed to have 80k XMR where that came from.

He said that he was selling because he could buy it lower. I didn't believe him at the time but here we are.

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

Quote from: SmoothCurves on July 17, 2015, 04:19:05 PM

How many XMR would you say is a good amount to hold for the long term?

Option A) Minimum of 500

Option B) Minimum of 1,000

Option C) Minimum of 5,000

This really depends on your personal risk tolerance, net worth, current portfolio, age, etcetera. For some people buying 250 dollars of a speculative item like Monero is far more money than they can be comfortable with. For others buying $2,500 worth of it is not even a drop in their bucket. I believe some people have suggested converting a percentage of your Bitcoin holding. Or, if you don't hold Bitcoin then a percentage of your investment portfolio. The idea is to convert risk into wealth but this is about the highest type of risk you can take. From a speculative standpoint Monero is an extreme long shot. So considering these facts you have to make up your own mind.

SmoothCurves

sr. member

Activity: 379

Merit: 250

How many XMR would you say is a good amount to hold for the long term?

Option A) Minimum of 500

Option B) Minimum of 1,000

Option C) Minimum of 5,000

Topic: [XMR] Monero Speculation - page 1834. (Read 3314350 times)