[XMR] Monero Speculation - page 1876.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: kazuki49 on June 04, 2015, 03:25:32 PM

Quote from: generalizethis on June 04, 2015, 01:59:16 PM

Quote from: luigi1111 on June 04, 2015, 11:45:28 AM

Quote from: aerbax on June 04, 2015, 11:13:33 AM

I ignored him long ago. Now, if people would just stop quoting him...

I guess that's actually I good idea. His posting is really subpar; the only thing even mildly amusing about him is his frequent avatar changes, although he has to be unignored for that to be visible. Hmm...choices...

Edit: this post was off-topic. Uh, nice little spike the last few hours. Tongue

You missed it. He was a moderator there for a few days. Now he's some creepy old gold miner or something.

He shows strong indication of paid troll behavior with a clear agenda of spreading Fear, Uncertain and Doubt.

Who would pay someone so ineffective? I think he's just an actual internet troll.

kazuki49

sr. member

Activity: 350

Merit: 250

Quote from: generalizethis on June 04, 2015, 01:59:16 PM

Quote from: luigi1111 on June 04, 2015, 11:45:28 AM

Quote from: aerbax on June 04, 2015, 11:13:33 AM

I ignored him long ago. Now, if people would just stop quoting him...

I guess that's actually I good idea. His posting is really subpar; the only thing even mildly amusing about him is his frequent avatar changes, although he has to be unignored for that to be visible. Hmm...choices...

Edit: this post was off-topic. Uh, nice little spike the last few hours. Tongue

You missed it. He was a moderator there for a few days. Now he's some creepy old gold miner or something.

He shows strong indication of paid troll behavior with a clear agenda of spreading Fear, Uncertain and Doubt.

medusa13

sr. member

Activity: 453

Merit: 500

hello world

as allready mentioned by many others, i do think the amount of shorts is very low. i would guess the amount of borrowed coin is below 10k.
polo assured me they are working on publishing this data, they know they can not keep it private. a new beta of the margin trading part will roll out soon. anyway i am not a customer for now, so i dont care. (miss the trollbox)
in 1 1/2 months i plan to buy monero. hope things change until then

each one of us buys or sells xmr on an exchange. one of the rare things we all have in common Kiss

so in the end its our decission where we trade

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: luigi1111 on June 04, 2015, 11:45:28 AM

Uh, nice little spike the last few hours. Tongue

Wonder how many shorts were forced to cover. The thought of that just makes me happy. Grin

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: luigi1111 on June 04, 2015, 11:45:28 AM

Quote from: aerbax on June 04, 2015, 11:13:33 AM

I ignored him long ago. Now, if people would just stop quoting him...

I guess that's actually I good idea. His posting is really subpar; the only thing even mildly amusing about him is his frequent avatar changes, although he has to be unignored for that to be visible. Hmm...choices...

Edit: this post was off-topic. Uh, nice little spike the last few hours. Tongue

You missed it. He was a moderator there for a few days. Now he's some creepy old gold miner or something.

luigi1111

legendary

Activity: 1105

Merit: 1000

Quote from: aerbax on June 04, 2015, 11:13:33 AM

I ignored him long ago. Now, if people would just stop quoting him...

I guess that's actually I good idea. His posting is really subpar; the only thing even mildly amusing about him is his frequent avatar changes, although he has to be unignored for that to be visible. Hmm...choices...

Edit: this post was off-topic. Uh, nice little spike the last few hours. Tongue

aerbax

full member

Activity: 201

Merit: 100

I ignored him long ago. Now, if people would just stop quoting him...

hodlmybtc

hero member

Activity: 700

Merit: 500

I bet his short isn't working out so good Grin

Bassica

sr. member

Activity: 283

Merit: 250

I think we have been patient enough with this guy. Ban him from the thread. He brings nothing to the table. Even his 'fud' is subpar.

I don't mind criticism, actually I encourage that. Crypto-money is a brand new concept and differences in implementation, parameters or technology are there to be discussed/battled, but this guy is just a donkey.

luigi1111

legendary

Activity: 1105

Merit: 1000

Quote from: mrkavasaki on June 04, 2015, 10:02:23 AM

ok seems like nobody has really a plan for the worst case scenario Undecided

monero is really a unproffesional amateur coin Cheesy

I can think of cases far worse than Polo getting hacked.

mrkavasaki

hero member

Activity: 888

Merit: 500

ok seems like nobody has really a plan for the worst case scenario Undecided

monero is really a unproffesional amateur coin Cheesy

newb4now

hero member

Activity: 686

Merit: 500

Quote from: mrkavasaki on June 04, 2015, 09:21:03 AM

Quote from: TheKoziTwo on June 04, 2015, 09:07:25 AM

Quote from: mrkavasaki on June 04, 2015, 08:29:28 AM

So what Is your Plan if Polo get hacked? Huh

Any idea?

Poloniex already was hacked. They socialized the loss and then paid back losses over several months. It was in fact a lot thanks to XMR that they made enough money through fees to refund users as quickly as they did. It wasn't really a big deal, and I think it won't be even if it happens again. That's what cold storage is for.

What if a significant number of coins get in pirate Hand?
The Hacker could dump monero into oblivion

The key is this:

1. Polo has been good for XMR and XMR has been good for Polo
2. The more trusted exchanges that add XMR the better
3. Regardless of which exchange you use, the best practice is to use your own cold storage instead of storing coins on any exchange long term.

eizh

hero member

Activity: 560

Merit: 500

Quote from: mrkavasaki on June 04, 2015, 09:21:03 AM

Quote from: TheKoziTwo on June 04, 2015, 09:07:25 AM

Quote from: mrkavasaki on June 04, 2015, 08:29:28 AM

So what Is your Plan if Polo get hacked? Huh

Any idea?

Poloniex already was hacked. They socialized the loss and then paid back losses over several months. It was in fact a lot thanks to XMR that they made enough money through fees to refund users as quickly as they did. It wasn't really a big deal, and I think it won't be even if it happens again. That's what cold storage is for.

What if a significant number of coins get in pirate Hand?
The Hacker could dump monero into oblivion

You're right. There's only one solution: you should preempt this future hacker by dumping your Monero now. Get out before it's too late.

mrkavasaki

hero member

Activity: 888

Merit: 500

Quote from: TheKoziTwo on June 04, 2015, 09:07:25 AM

Quote from: mrkavasaki on June 04, 2015, 08:29:28 AM

So what Is your Plan if Polo get hacked? Huh

Any idea?

Poloniex already was hacked. They socialized the loss and then paid back losses over several months. It was in fact a lot thanks to XMR that they made enough money through fees to refund users as quickly as they did. It wasn't really a big deal, and I think it won't be even if it happens again. That's what cold storage is for.

What if a significant number of coins get in pirate Hand?
The Hacker could dump monero into oblivion

TheKoziTwo

legendary

Activity: 1552

Merit: 1047

Quote from: mrkavasaki on June 04, 2015, 08:29:28 AM

So what Is your Plan if Polo get hacked? Huh

Any idea?

Poloniex already was hacked. They socialized the loss and then paid back losses over several months. It was in fact a lot thanks to XMR that they made enough money through fees to refund users as quickly as they did. It wasn't really a big deal, and I think it won't be even if it happens again. That's what cold storage is for.

MoneroMooo

legendary

Activity: 1276

Merit: 1001

Quote from: smooth on June 04, 2015, 04:57:46 AM

Doesn't it seem likely that bittrex follows along this account verification path fairly soon?

Maybe, I don't know. But it currently is not, and Poloniex apparently decided to do this preemptively, rather than after being forced/notified, so when other exchanges follow is not known. Even if they changed in a month's time, it's still better for people who want to trade and don't want to give names. That's not to say this won't get reversed later, should Bittrex later ask for more information than Poloniex does now (just in case someone decides to reply to what I did not claim).

mrkavasaki

hero member

Activity: 888

Merit: 500

So what Is your Plan if Polo get hacked? Huh

Any idea?

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: smooth on June 04, 2015, 04:57:46 AM

Quote from: MoneroMooo on June 04, 2015, 04:47:09 AM

Maybe this Poloniex name and country thing is a blessing in disguise, then. It may cause a significant enough amount of trading to go to Bittrex, thereby encouraging more people to trade there too, and we end up with two "large enough" exchanges, one of which is suitable for suit type people who would only trade on a regulated show-me-your-papers exchange (whatever their reasons might be).

Doesn't it seem likely that bittrex follows along this account verification path fairly soon?

Since they are US based as well, you can reasonably expect this. Taking this into account, it would make no sense to switch the volume to Bittrex. Furthermore, Poloniex has always been a solid and reliable exchange.

Shrikez

sr. member

Activity: 400

Merit: 263

This article provides a balanced view on the matter, in my opinion.

http://coinarb.tumblr.com/post/119399539544/some-thoughts-on-poloniex

Disclaimer:

I am a moderator at Poloniex and will not deny a certain bias. That said my bias is based mostly on my > 1 year long user experience there, which has always been pleasurable on many levels.
Because of my position I kindly ask not to discuss my opinion on the matter, at least not here. Thank you for your understanding.

nioc

legendary

Activity: 1624

Merit: 1008

^^^Yes which is why people were talking about bter. I have had no dealings with either.

Topic: [XMR] Monero Speculation - page 1876. (Read 3314343 times)