[XMR] Monero Speculation - page 1872.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: G2M on June 09, 2015, 07:11:13 AM

Quote from: shitaifan2013 on June 09, 2015, 12:03:58 AM

Quote from: G2M on June 08, 2015, 08:37:24 PM

To his credit, he did say that it's a good time to lend, and that is true.

0.0047%/d is a good time to lend? Huh

Well im not going to do anything else with the btc, I've got enough xmr for now.

Yeah the rate is low, but feeding plx btc means that the btc has a higher chance of someone using it to buy xmr. If the price goes up, I make btc in fees, if the price goes down because of the ppl taking shorts I still can buy more xmr if I choose to do so.

I'd much rather just pull my coins off an exchange then leave them there and get 0.0047%/d

G2M

sr. member

Activity: 280

Merit: 250

Activity: 616

Quote from: shitaifan2013 on June 09, 2015, 12:03:58 AM

Quote from: G2M on June 08, 2015, 08:37:24 PM

To his credit, he did say that it's a good time to lend, and that is true.

0.0047%/d is a good time to lend? Huh

Well im not going to do anything else with the btc, I've got enough xmr for now.

Yeah the rate is low, but feeding plx btc means that the btc has a higher chance of someone using it to buy xmr. If the price goes up, I make btc in fees, if the price goes down because of the ppl taking shorts I still can buy more xmr if I choose to do so.

othe

hero member

Activity: 532

Merit: 500

But that doesn´t make BTC fungible, miners can just censor the tx to the sidechains nor does it add untraceability on the sidechain.
Another big issue with sidechains is that the anonimity set is limited to the people that use them, that also means every wallet people use have to support all those sidechains people want to use if they want people to use itö

Other than that what he did makes DASH totally obsolete, theres no sane reason for it to exist anymore and the work he did on the amount hiding is sth Monero good add to close the gap we currently have to Zerocoin (our tx amounts are not totally hidden).

It´s definately some damn nice research they did.

jehst

hero member

Activity: 798

Merit: 1000

21 million. I want them all.

Gregory Maxwell is working on something called "Confidential Transactions" which will add privacy to bitcoin using "Pederson commitments" (proposed by Adam Back in 2013).

https://people.xiph.org/~greg/confidential_values.txt

Everyone should keep an eye on this.

Quicken

sr. member

Activity: 280

Merit: 250

Quote from: TrueCryptonaire

I wanted to make 0.004'ish a floor but failed thanks to the lack of community support so I dumped AFTER I got an answear from the community that they do not support that price. If others do not support, why should I?

Perhaps that's because the monero community is not a pump and dump group, let alone your pump and dump group.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: G2M on June 08, 2015, 08:37:24 PM

To his credit, he did say that it's a good time to lend, and that is true.

Lending XMR was not a good idea but lending BTC is pretty profitable.
The BTC rates are, I would say, hefty as so many people seems to like to take long positions on XMR and hardly anyone shorts it.
I have been yelling the same message here many times but people seem not to listen but I get trolled all the time.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: TheKoziTwo on June 08, 2015, 05:08:19 PM

Quote from: TrueCryptonaire on June 08, 2015, 03:55:39 PM

Yes.
One needs to know at what price it is reasonable to buy.
Sometimes it is hard to make a rational decision when there are a lot of pumpers and bullish talk on forums/trollbox.

Funny that you, of all people, are saying that.

I wanted to make 0.004'ish a floor but failed thanks to the lack of community support so I dumped AFTER I got an answear from the community that they do not support that price. If others do not support, why should I?

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: ?? on ??

Quote

Yes.
One needs to know at what price it is reasonable to buy.
Sometimes it is hard to make a rational decision when there are a lot of pumpers and bullish talk on forums/trollbox

.

Funny how you are always around at the top telling everyone not to sell and around at the bottom telling everyone not to buy. It's pathetically transparent.

We had a bottom already.
I told on trollbox and I will tell it here also: If Monero goes beyond 0.0025 I will transfer funds to Polo and start setting sell orders which you can take or leave and perhaps also dumping a few coins to buy orders.

That's called profitable trading.

You are right, I want to buy an overweighted position (now I have a "neutral position") but I don't want to buy in at this price.

Guys, remember - I was here around prior many others who tries to be "smart" and are bitching me.
Some of you are noobs.
I consider myself one of the early adopter.

Melbustus

legendary

Activity: 1722

Merit: 1004

Sidechains released tonight. This part is potentially relevant here:

shitaifan2013

legendary

Activity: 874

Merit: 1000

monero

Quote from: G2M on June 08, 2015, 08:37:24 PM

To his credit, he did say that it's a good time to lend, and that is true.

0.0047%/d is a good time to lend? Huh

G2M

sr. member

Activity: 280

Merit: 250

Activity: 616

To his credit, he did say that it's a good time to lend, and that is true.

celestio

sr. member

Activity: 770

Merit: 250

TrueCryptonaire might be the next mrkavasaki(or same person who knows). His highly contradictory posts primarily consist of menial efforts to try and pump/dump Monero to gain profits/sell at so called "highs"/buy in at so called "lows".

TheKoziTwo

legendary

Activity: 1552

Merit: 1047

Quote from: TrueCryptonaire on June 08, 2015, 03:55:39 PM

Yes.
One needs to know at what price it is reasonable to buy.
Sometimes it is hard to make a rational decision when there are a lot of pumpers and bullish talk on forums/trollbox.

Funny that you, of all people, are saying that.

rpietila

donator

Activity: 1722

Merit: 1036

I was a little bearish when 180 seemed vulnerable (still remember the lost battle of 280..)

Now it looks like ~180 is the floor. This is not bad at all, 180 is twice as high as 90.

New money is needed for any sustained rise out of the range. I am a little skeptical for now but maybe it's just me. As usual, even one buyer can change the landscape, as is happening now.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: dEBRUYNE on June 08, 2015, 03:48:52 PM

Quote from: Std52stp on June 08, 2015, 03:34:49 PM

Quote from: binaryFate on June 08, 2015, 09:26:46 AM

this is insane...... I saw it many times
this is pump and dump scheme.....but of course nobody knows how high it can go. It can surely goes to 400,000 again....
would love to believe that people in Argentina started to throw away pesos.... but I am afraid its not this time

all crazy volume is only on Poloniex where you can margin trade ... and guess what.. you can short XMR... and guess what, since that time, aprox 3 weks ago some coins which are overpriced strted to climb up... if you have 250 BTC and want to buy XMR, would you be that dumb and make one big buy order at this time? Huh

? and would you push it higher and higher all the time....
Oh my gosh, not even blind sheep could follow that path... this is just insane.... more than insane
when you could easily buy it for much better price on bitcointalk, on OTC market from some early adopter???

when we see finally some cryptocurrency with mechanism again P&D???
emunie was my favourite till 2014... when I realized that something is wrong.... (except dumb name such as EMU /european monetary union/ they are still beta.... I understand that its hard work but why it lasts 2 years??? oh man its just another big pain.....https://www.facebook.com/eMunie.Currency?fref=ts
afraid that ("negative") articles about founder were correct

[1] The guy who put that buywall there already owns a lot of XMR. He could be propping up the price, but his last buywall was bought, so it also could be just a genuine buy wall whereby he doesn't care too much which price he'll get.

[2] Although XMR is fairly P&D proof due to it's high inflation, there is no way you can exclude pumpers (speculators) at all and develop a cryptocurrency which is P&D resistant. As long as the cryptocurrency scene is unregulated for most part, it will attract people with malicous intents. Furthermore, P&D still exists on stock exchanges that are regulated, so probably regulation won't scare them off anyway.

Yes.
One needs to know at what price it is reasonable to buy.
Sometimes it is hard to make a rational decision when there are a lot of pumpers and bullish talk on forums/trollbox.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: Std52stp on June 08, 2015, 03:34:49 PM

Quote from: binaryFate on June 08, 2015, 09:26:46 AM

this is insane...... I saw it many times
this is pump and dump scheme.....but of course nobody knows how high it can go. It can surely goes to 400,000 again....
would love to believe that people in Argentina started to throw away pesos.... but I am afraid its not this time

all crazy volume is only on Poloniex where you can margin trade ... and guess what.. you can short XMR... and guess what, since that time, aprox 3 weks ago some coins which are overpriced strted to climb up... if you have 250 BTC and want to buy XMR, would you be that dumb and make one big buy order at this time? Huh

? and would you push it higher and higher all the time....
Oh my gosh, not even blind sheep could follow that path... this is just insane.... more than insane
when you could easily buy it for much better price on bitcointalk, on OTC market from some early adopter???

when we see finally some cryptocurrency with mechanism again P&D???
emunie was my favourite till 2014... when I realized that something is wrong.... (except dumb name such as EMU /european monetary union/ they are still beta.... I understand that its hard work but why it lasts 2 years??? oh man its just another big pain.....https://www.facebook.com/eMunie.Currency?fref=ts
afraid that ("negative") articles about founder were correct

[1] The guy who put that buywall there already owns a lot of XMR. He could be propping up the price, but his last buywall was bought, so it also could be just a genuine buy wall whereby he doesn't care too much which price he'll get.

[2] Although XMR is fairly P&D proof due to it's high inflation, there is no way you can exclude pumpers (speculators) at all and develop a cryptocurrency which is P&D resistant. As long as the cryptocurrency scene is unregulated for most part, it will attract people with malicous intents. Furthermore, P&D still exists on stock exchanges that are regulated, so probably regulation won't scare them off anyway.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: Std52stp on June 08, 2015, 03:34:49 PM

Quote from: binaryFate on June 08, 2015, 09:26:46 AM

this is insane...... I saw it many times
this is pump and dump scheme.....but of course nobody knows how high it can go. It can surely goes to 400,000 again....
would love to believe that people in Argentina started to throw away pesos.... but I am afraid its not this time

all crazy volume is only on Poloniex where you can margin trade ... and guess what.. you can short XMR... and guess what, since that time, aprox 3 weks ago some coins which are overpriced strted to climb up... if you have 250 BTC and want to buy XMR, would you be that dumb and make one big buy order at this time? Huh

? and would you push it higher and higher all the time....
Oh my gosh, not even blind sheep could follow that path... this is just insane.... more than insane
when you could easily buy it for much better price on bitcointalk, on OTC market from some early adopter???

when we see finally some cryptocurrency with mechanism again P&D???
emunie was my favourite till 2014... when I realized that something is wrong.... (except dumb name such as EMU /european monetary union/ they are still beta.... I understand that its hard work but why it lasts 2 years??? oh man its just another big pain.....https://www.facebook.com/eMunie.Currency?fref=ts
afraid that ("negative") articles about founder were correct

Finally a voice of sanity here.
Thank you for your helpful post.
Highly appreciated.

Mr Felt

hero member

Activity: 493

Merit: 518

Quote from: generalizethis on June 08, 2015, 02:56:40 PM

Quote from: Mr Felt on June 08, 2015, 02:47:28 PM

Quote from: rangedriver on June 08, 2015, 02:51:17 AM

Quote from: TrueCryptonaire on June 08, 2015, 01:42:05 AM

I've been working with my new offline project during the weekend so I have not been able to follow the markets that well.
Now as I came back online I noticed a big part of my bitcoins have been returned me, still some people are in long positions.
Short position lending I used to have a few thousand coins at the peak (which was lame since my rates were usually the best ones as I wanted to employ my coins), now only less than 50 XMR are in short positions (I have cancelled the auto-renew function in all my lending activities).

Just an observation.... Wink

-----

BTW, what happened on weekend? I saw a huge peak on volumes.... What's the story behind that?

1. Big Wall Man says "DUMP!"
2. People dump!
3. Wall no more. Sad

4. Big Wall Man puts up even bigger wall!
5. Big Wall Man says "ahahahaha!"
6. End.

Quick distraction: This is one of the best crypto-trading analyses and info-posts in my 2+ years trading (short, sweet, and cuts through the crap to the bottom line); it is THE BEST such post pound-for-pound considering its only 6 lines.

Seriously, for the noobs, lots and lots of traders are just lemmings (not be confused w/ the bots). Such an environment makes looking at trends difficult.

2A. Big Wall Man says, "Big surprise when Wall no more."

Yep.

Std52stp

newbie

Activity: 53

Merit: 0

Quote from: binaryFate on June 08, 2015, 09:26:46 AM

https://i.imgur.com/5b3zx5A.png

this is insane...... I saw it many times
this is pump and dump scheme.....but of course nobody knows how high it can go. It can surely goes to 400,000 again....
would love to believe that people in Argentina started to throw away pesos.... but I am afraid its not this time

all crazy volume is only on Poloniex where you can margin trade ... and guess what.. you can short XMR... and guess what, since that time, aprox 3 weks ago some coins which are overpriced strted to climb up... if you have 250 BTC and want to buy XMR, would you be that dumb and make one big buy order at this time? Huh

? and would you push it higher and higher all the time....
Oh my gosh, not even blind sheep could follow that path... this is just insane.... more than insane
when you could easily buy it for much better price on bitcointalk, on OTC market from some early adopter???

when we see finally some cryptocurrency with mechanism again P&D???
emunie was my favourite till 2014... when I realized that something is wrong.... (except dumb name such as EMU /european monetary union/ they are still beta.... I understand that its hard work but why it lasts 2 years??? oh man its just another big pain.....https://www.facebook.com/eMunie.Currency?fref=ts
afraid that ("negative") articles about founder were correct

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: Mr Felt on June 08, 2015, 02:47:28 PM

Quote from: rangedriver on June 08, 2015, 02:51:17 AM

Quote from: TrueCryptonaire on June 08, 2015, 01:42:05 AM

I've been working with my new offline project during the weekend so I have not been able to follow the markets that well.
Now as I came back online I noticed a big part of my bitcoins have been returned me, still some people are in long positions.
Short position lending I used to have a few thousand coins at the peak (which was lame since my rates were usually the best ones as I wanted to employ my coins), now only less than 50 XMR are in short positions (I have cancelled the auto-renew function in all my lending activities).

Just an observation.... Wink

-----

BTW, what happened on weekend? I saw a huge peak on volumes.... What's the story behind that?

1. Big Wall Man says "DUMP!"
2. People dump!
3. Wall no more. Sad

4. Big Wall Man puts up even bigger wall!
5. Big Wall Man says "ahahahaha!"
6. End.

Quick distraction: This is one of the best crypto-trading analyses and info-posts in my 2+ years trading (short, sweet, and cuts through the crap to the bottom line); it is THE BEST such post pound-for-pound considering its only 6 lines.

Seriously, for the noobs, lots and lots of traders are just lemmings (not be confused w/ the bots). Such an environment makes looking at trends difficult.

2A. Big Wall Man says, "Big surprise when Wall no more."

Topic: [XMR] Monero Speculation - page 1872. (Read 3314343 times)