[XMR] Monero Speculation - page 1843.

TrueCryptonaire

legendary

Activity: 1092

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Quote from: newb4now on July 12, 2015, 10:56:47 AM

Quote from: TrueCryptonaire on July 12, 2015, 06:24:58 AM

If you are a long term bitcoin-holder and believe Monero will do fine in the future (with probability high enough), then the following might suit for you:

1) Put aside the bitcoins you want to sell at the next btc ATH. Consider also how many bitcoins you want to sell for buying back later when the rally is over.
2) All the rest into XMR
3) Enjoy the ride and tell others to join in also. Grin

4) Become a millionaire, billionaire, trillionaire etc

However, as I said, this is a plan which works the best when everything goes as planned. If everything doesn't go as planned, this is pretty risky business. If Monero fails, the only ones that are going to buy Moneros are those few shorters who happen to have some open positions.

I am a big believer in both BTC and XMR

However I don't think it is ever a good idea to put all your eggs in one or two baskets

Diversification seems like a better approach.

I have very little btc (only some I am lending in Polo for traders + some dust in my wallet).
So I am not a big believer of bitcoin despite I think it will be a decent investment still. However, I believe Monero is even better so that's why I am invested more heavily in xmr.

Besides this, I have a few appartments that I am renting out. In stock markets I am not currently as I feel they have risen too much way too fast.
Also I own shares from a couple start-ups so I am not putting all my eggs into one basket but I have to admit I like Monero very much though.

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TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: Gillette on July 12, 2015, 11:50:11 AM

Who is Monero`s Leviathan ?

2 million Moneros currently.
Will be raised when the emission goes forward.

cryptonic21

full member

Activity: 168

Merit: 101

Physical Monero coins

Quote from: saddambitcoin on July 11, 2015, 09:06:14 PM

Quote from: KennyTheMartian on July 11, 2015, 09:00:54 PM

What is .05%? Roll Eyes

~4234 XMR at current emission or something like 9300 XMR at total emission

Tuna/Barraccuda

QuantumQrack

sr. member

Activity: 337

Merit: 250

Quote from: medusa13 on July 12, 2015, 11:58:10 AM

i dont think we have one, maybe one big Behemoth..
btw great list, should fit nicely for the next few months

lets see how much action we get the coming days, looks promising for now. xmr is so small compared..it feels undervalued for now, at least to me Grin

If XMR stays perfectly fungible, then we have a serious contender for a great store of value on our hands. People who risk big early may be massive winners in the long run.

medusa13

sr. member

Activity: 453

Merit: 500

hello world

i dont think we have one, maybe one big Behemoth..
btw great list, should fit nicely for the next few months

lets see how much action we get the coming days, looks promising for now. xmr is so small compared..it feels undervalued for now, at least to me Grin

Gillette

hero member

Activity: 744

Merit: 500

Who is Monero`s Leviathan ?

newb4now

hero member

Activity: 686

Merit: 500

Quote from: TrueCryptonaire on July 12, 2015, 06:24:58 AM

If you are a long term bitcoin-holder and believe Monero will do fine in the future (with probability high enough), then the following might suit for you:

1) Put aside the bitcoins you want to sell at the next btc ATH. Consider also how many bitcoins you want to sell for buying back later when the rally is over.
2) All the rest into XMR
3) Enjoy the ride and tell others to join in also. Grin

4) Become a millionaire, billionaire, trillionaire etc

However, as I said, this is a plan which works the best when everything goes as planned. If everything doesn't go as planned, this is pretty risky business. If Monero fails, the only ones that are going to buy Moneros are those few shorters who happen to have some open positions.

I am a big believer in both BTC and XMR

However I don't think it is ever a good idea to put all your eggs in one or two baskets

Diversification seems like a better approach.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

For the long haul even 100 usd/xmr is a bargain.
How many of us wants a source of bitcoins for 100 usd/btc?

Bassica

sr. member

Activity: 283

Merit: 250

Around 9,5k of incredibly well priced xmr left. Opportunities like these are slimming down.

Would be a good play to rollover some ltc/nmc/ppc profits into xmr right now before the ano-cycle kicks off again.

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

Quote from: medusa13 on July 12, 2015, 06:11:52 AM

my 3rd eye can see us jump together with btc if all conditions are right. anon coins clearly have their own cycles. bad news is we might take dash with us, but no problem.
somone is accumulating aggressivley right now with no worries causing a spike if needed. if another whale or two jump in the situation might get exciting.
if we go up together with btc this will be legendary, you will need to remind me to stay cool

0.004 @ 500 and i would be a very happy man.

yeah, i'm looking at this also...
It's about the average buy in price in fiat for a lot of people I guess.

not for me, mine is lower, but I did sold some gold for BTC at 500 and bought XMR with that around 0.004, so I will be happy if we reach it again.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

If you are a long term bitcoin-holder and believe Monero will do fine in the future (with probability high enough), then the following might suit for you:

1) Put aside the bitcoins you want to sell at the next btc ATH. Consider also how many bitcoins you want to sell for buying back later when the rally is over.
2) All the rest into XMR
3) Enjoy the ride and tell others to join in also. Grin

4) Become a millionaire, billionaire, trillionaire etc

However, as I said, this is a plan which works the best when everything goes as planned. If everything doesn't go as planned, this is pretty risky business. If Monero fails, the only ones that are going to buy Moneros are those few shorters who happen to have some open positions.

medusa13

sr. member

Activity: 453

Merit: 500

hello world

my 3rd eye can see us jump together with btc if all conditions are right. anon coins clearly have their own cycles. bad news is we might take dash with us, but no problem.
somone is accumulating aggressivley right now with no worries causing a spike if needed. if another whale or two jump in the situation might get exciting.
if we go up together with btc this will be legendary, you will need to remind me to stay cool

0.004 @ 500 and i would be a very happy man.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: generalizethis on July 12, 2015, 12:04:56 AM

Quote from: KennyTheMartian on July 11, 2015, 09:00:54 PM

What is .05%? Roll Eyes

How about a Jellyfish? Now, you're jelly of the whales, but the Johnny Come Lately's will be jelly of you.

A cunning hunter, for a creature with no spine and no brain. A swarm of jellyfish can handle all sorts of 'higher' forms Cheesy

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: KennyTheMartian on July 11, 2015, 09:00:54 PM

What is .05%? Roll Eyes

How about a Jellyfish? Now, you're jelly of the whales, but the Johnny Come Lately's will be jelly of you.

nioc

legendary

Activity: 1624

Merit: 1008

Quote from: KennyTheMartian on July 11, 2015, 09:00:54 PM

What is .05%? Roll Eyes

KennyTheMartian Cool

saddambitcoin

legendary

Activity: 1610

Merit: 1004

Quote from: KennyTheMartian on July 11, 2015, 09:00:54 PM

What is .05%? Roll Eyes

~4234 XMR at current emission or something like 9300 XMR at total emission

KennyTheMartian

member

Activity: 69

Merit: 10

What is .05%? Roll Eyes

newb4now

hero member

Activity: 686

Merit: 500

Quote from: rpietila on July 11, 2015, 01:54:35 AM

Considering that there are no "born whales" (premine) and the incentive to buy more goes down after you already have so much that you cannot exit at market,

20% = Cthulhu (probably does not exist)
10% = Leviathan (likely max 1)
5% = Behemoth (1-2)
1% = Whale (~10)
0.5% = Pocket whale
0.1% = Shark/Dolphin (depends on your trading aggression)

To adjust a large position, the market can only bear about 2500 XMR/day buy/sell pressure. This means that it takes month(s) for a whale to enter/exit a position completely, and the whole lifespan of the currency to amass a Leviathan+ sized amount. Only sharks can efficiently daytrade.

USD amounts are very small, so if new whales want to be born, we will be able to see it Wink

Thanks for sharing this analysis. Can you provide more detail like last time (you had a spreadsheet). I am interested in the approximate total number of current Monero holders more than how many coins the top holders own.

I am eager for the Mobile wallet to make sharing small amounts of XMR with friends easy for everyone and increasing the user base.

How many new people do you think crypto kingdom has the potential to attract?

newb4now

hero member

Activity: 686

Merit: 500

Quote from: luigi1111 on July 11, 2015, 06:38:36 PM

Quote from: TrueCryptonaire on July 11, 2015, 05:25:38 PM

Quote from: luigi1111 on July 10, 2015, 11:32:13 AM

Quote from: newb4now on July 10, 2015, 10:42:12 AM

Can someone explain this video to me?
http://8btc.com/thread-20406-1-1.html

It is supposed to be about how LTC is being promoted in China
https://bitcointalksearch.org/topic/leaked-video-explained-the-recent-pump-of-litecoin-1115157

Maybe there will be some good ideas for how XMR can be promoted there

Quote from: nioc on July 10, 2015, 11:23:20 AM

I did not check out your links but ltc was being "promoted" as a ponzi.

To get in you had to buy 500 ltc.

Have you seen the ltc charts today?

Yeah we don't want that kind of promoting. Just like LTC, though, we can't really stop it from happening if someone tries it.

Then there is really no chance to reach any meaningful highs.
Pumping the coin is the only way the marketcap grows. Sure there will be a dump but we only can hope that there are enough open shorts when the dump starts so that the price and marketcap will end up being higher than pre-pump.
If there will be no artificial pump, the price pretty much stays as it is now or declines if the current fish species will not start competing with each others to reach the Leviathan status or even a whale status.

The bad thing about the pump is it will cause some people burned. Undecided

Like those who bought bitcoins at 1000 usd - most likely they will never get in profit, however I wish I am proven wrong in this.

Right...I'm not talking about a pump; I don't care personally if you or anyone else wants to "pump" XMR.

What I don't support is "pumping" via a Ponzi scheme.

Thanks for the translations. Letting everyone know about Monero is a good thing but ponzi schemes are not. The future for Monero is bright based on what we have in the pipeline already

luigi1111

legendary

Activity: 1105

Merit: 1000

Quote from: TrueCryptonaire on July 11, 2015, 05:25:38 PM

Quote from: luigi1111 on July 10, 2015, 11:32:13 AM

Quote from: newb4now on July 10, 2015, 10:42:12 AM

Can someone explain this video to me?
http://8btc.com/thread-20406-1-1.html

It is supposed to be about how LTC is being promoted in China
https://bitcointalksearch.org/topic/leaked-video-explained-the-recent-pump-of-litecoin-1115157

Maybe there will be some good ideas for how XMR can be promoted there

Quote from: nioc on July 10, 2015, 11:23:20 AM

I did not check out your links but ltc was being "promoted" as a ponzi.

To get in you had to buy 500 ltc.

Have you seen the ltc charts today?

Yeah we don't want that kind of promoting. Just like LTC, though, we can't really stop it from happening if someone tries it.

Then there is really no chance to reach any meaningful highs.
Pumping the coin is the only way the marketcap grows. Sure there will be a dump but we only can hope that there are enough open shorts when the dump starts so that the price and marketcap will end up being higher than pre-pump.
If there will be no artificial pump, the price pretty much stays as it is now or declines if the current fish species will not start competing with each others to reach the Leviathan status or even a whale status.

The bad thing about the pump is it will cause some people burned. Undecided

Like those who bought bitcoins at 1000 usd - most likely they will never get in profit, however I wish I am proven wrong in this.

Right...I'm not talking about a pump; I don't care personally if you or anyone else wants to "pump" XMR.

What I don't support is "pumping" via a Ponzi scheme.

Topic: [XMR] Monero Speculation - page 1843. (Read 3314350 times)