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Topic: [XMR] Monero Speculation - page 1879. (Read 3314343 times)

legendary
Activity: 1456
Merit: 1000
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
June 02, 2015, 09:53:30 PM
monero is still a very bad and risky investment Undecided

what if polo get hacked? lots of xmr would be in danger hands and monero would be dead in no time Embarrassed

We sure feel better knowing a troll like you cares so much about our money and investments  Tongue

believe me, you should be thankfull at me Undecided
don't say i haven't you warned yet Embarrassed

It costs almost nothing (0.005%) to borrow up to ~25k XMR.

Why don't you put your money where your mouth is, and short them?   Wink
legendary
Activity: 1190
Merit: 1000
June 02, 2015, 09:53:22 PM
Where can I find Monero specs?
hero member
Activity: 888
Merit: 500
June 02, 2015, 09:18:33 PM
monero is still a very bad and risky investment Undecided

what if polo get hacked? lots of xmr would be in danger hands and monero would be dead in no time Embarrassed

We sure feel better knowing a troll like you cares so much about our money and investments  Tongue

believe me, you should be thankfull at me Undecided
don't say i haven't you warned yet Embarrassed
sr. member
Activity: 350
Merit: 250
June 02, 2015, 09:12:19 PM
monero is still a very bad and risky investment Undecided

what if polo get hacked? lots of xmr would be in danger hands and monero would be dead in no time Embarrassed

We sure feel better knowing a troll like you cares so much about our money and investments  Tongue
hero member
Activity: 888
Merit: 500
June 02, 2015, 09:08:27 PM
monero is still a very bad and risky investment Undecided

what if polo get hacked? lots of xmr would be in danger hands and monero would be dead in no time Embarrassed
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
June 02, 2015, 06:49:31 PM
I bet most of those 29000 XMR are from longtime holders, at least 2k are from me which I offered when Poloniex introduced margin trading and they're sitting there.

What's the reason for this? The rate you get is pretty negligible in comparison with the counterparty risk. Furthermore, it gives dumpers/shorters some additional liquidity. My conclusion is that those XMR would be better suited for an actual wallet.

I want dumpers/shorters to have all the liquidity in the world.

1. Cheaper/easier Monero for me and my miners!

2. They will eventually get caught short and epic squeezes will take us in the direction of a certain very large well-known mass orbiting the earth.

3. Pumping is discouraged.
sr. member
Activity: 350
Merit: 250
June 02, 2015, 06:44:16 PM
I bet most of those 29000 XMR are from longtime holders, at least 2k are from me which I offered when Poloniex introduced margin trading and they're sitting there.

What's the reason for this? The rate you get is pretty negligible in comparison with the counterparty risk. Furthermore, it gives dumpers/shorters some additional liquidity. My conclusion is that those XMR would be better suited for an actual wallet.

Was just to test the feature and I had put most XMR at high rates so someone had to loan the whole book, will be removing the funds from lending tho.

I might use some or all of it on a margin long the coming days, todays dump didn't have much effect and the bid side is building up nicely again.

I love buying Monero, just put your buy walls and when you are not looking it will be dumped on, but when you are back there will be even more BTC than before on the buy side Grin
hero member
Activity: 700
Merit: 500
June 02, 2015, 06:26:03 PM
I bet most of those 29000 XMR are from longtime holders, at least 2k are from me which I offered when Poloniex introduced margin trading and they're sitting there.

What's the reason for this? The rate you get is pretty negligible in comparison with the counterparty risk. Furthermore, it gives dumpers/shorters some additional liquidity. My conclusion is that those XMR would be better suited for an actual wallet.

Was just to test the feature and I had put most XMR at high rates so someone had to loan the whole book, will be removing the funds from lending tho.

I might use some or all of it on a margin long the coming days, todays dump didn't have much effect and the bid side is building up nicely again.
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
June 02, 2015, 04:47:39 PM
I bet most of those 29000 XMR are from longtime holders, at least 2k are from me which I offered when Poloniex introduced margin trading and they're sitting there.

What's the reason for this? The rate you get is pretty negligible in comparison with the counterparty risk. Furthermore, it gives dumpers/shorters some additional liquidity. My conclusion is that those XMR would be better suited for an actual wallet.

I don't know if it suits better for a wallet; but it could certainly move the price up (or down) significantly. I personally don't go on margin trading, too much of a risk for my taste.
legendary
Activity: 2268
Merit: 1141
June 02, 2015, 04:40:41 PM
I bet most of those 29000 XMR are from longtime holders, at least 2k are from me which I offered when Poloniex introduced margin trading and they're sitting there.

What's the reason for this? The rate you get is pretty negligible in comparison with the counterparty risk. Furthermore, it gives dumpers/shorters some additional liquidity. My conclusion is that those XMR would be better suited for an actual wallet.
hero member
Activity: 700
Merit: 500
June 02, 2015, 04:12:25 PM
I bet most of those 29000 XMR are from longtime holders, at least 2k are from me which I offered when Poloniex introduced margin trading and they're sitting there.
legendary
Activity: 2268
Merit: 1141
June 02, 2015, 04:02:11 PM
so what exactly happend? i had no time to follow the market today. the previous wall at 0.002 got dumped and a new one showed up?  Grin
shit happens man

i'm pessimistic about a new run up just now, but i also realized not everyone sees the current situation with polo as critical as i do, so everything seems possible.

as always, preferred move would be UP Cool

I am also pessimistic about the bull run currently.
Also it is a scary fact that there is 29 000 xmr on sidelines waiting to be shorted and dumped + there are additional 20 000 xmr on the sell order book, that is 49 000 XMR can potentially be dumped any time.

And while some of the shorters are closing their short positions at profit, the lenders are ready to offer their coins to new shorter and that potentially might create actually pretty vicious cycle for the price.  Cry

To me this pump looks simply like the big holders want to sell their coins and therefore they are pumping the price up and after they have sold, they will remove the buy walls or dump into their own buy walls.



The rates imply that the demand for shorting currently is quite low. That 10k offer has been there since the introducement of margin trading on poloniex. I think you're a bit paranoid here, there is also enough BTC on the ask side to dump it to zero, so that argument isn't really viable.

At your last sentence: Could also be the case that they genuinely want to buy. You are stating this as a fact, while de facto we will never know what the real reason behind these walls is.
legendary
Activity: 1092
Merit: 1000
June 02, 2015, 02:54:22 PM
so what exactly happend? i had no time to follow the market today. the previous wall at 0.002 got dumped and a new one showed up?  Grin
shit happens man

i'm pessimistic about a new run up just now, but i also realized not everyone sees the current situation with polo as critical as i do, so everything seems possible.

as always, preferred move would be UP Cool

I am also pessimistic about the bull run currently.
Also it is a scary fact that there is 29 000 xmr on sidelines waiting to be shorted and dumped + there are additional 20 000 xmr on the sell order book, that is 49 000 XMR can potentially be dumped any time.

And while some of the shorters are closing their short positions at profit, the lenders are ready to offer their coins to new shorter and that potentially might create actually pretty vicious cycle for the price.  Cry

To me this pump looks simply like the big holders want to sell their coins and therefore they are pumping the price up and after they have sold, they will remove the buy walls or dump into their own buy walls.

sr. member
Activity: 400
Merit: 263
June 02, 2015, 12:24:58 PM
so what exactly happend? i had no time to follow the market today. the previous wall at 0.002 got dumped and a new one showed up?  Grin
shit happens man

i'm pessimistic about a new run up just now, but i also realized not everyone sees the current situation with polo as critical as i do, so everything seems possible.

as always, preferred move would be UP Cool

Someone took out the previous wall with a corresponding dump and an enthusiastic Warz appeared and did what he usually does Cheesy
sr. member
Activity: 453
Merit: 500
hello world
June 02, 2015, 12:21:14 PM
so what exactly happend? i had no time to follow the market today. the previous wall at 0.002 got dumped and a new one showed up?  Grin
shit happens man

i'm pessimistic about a new run up just now, but i also realized not everyone sees the current situation with polo as critical as i do, so everything seems possible.

as always, preferred move would be UP Cool
sr. member
Activity: 400
Merit: 263
June 02, 2015, 10:55:56 AM
Guys, heads up! Hammer formation on the daily. Get ready for another run up.

Hard to say if it will go up.
To me it looks it is actually having dead cat rallies with lower peaks.
We might see a break down as well, not necessarily a break up.

Yawn...

and stop posting how you were right when one has to assume you have the funds to push the price in the direction you want to underline your "predictions".

See you in the bullpen when it suits you  Kiss
legendary
Activity: 1092
Merit: 1000
June 02, 2015, 10:44:03 AM
Guys, heads up! Hammer formation on the daily. Get ready for another run up.

Hard to say if it will go up.
To me it looks it is actually having dead cat rallies with lower peaks.
We might see a break down as well, not necessarily a break up.
sr. member
Activity: 283
Merit: 250
June 02, 2015, 10:32:16 AM
Guys, heads up! Hammer formation on the daily. Get ready for another run up.
legendary
Activity: 1722
Merit: 1004
June 01, 2015, 09:19:11 PM
...
We may at some point impose a maximum age for outputs to be mixable (at which point they can be removed from the UXTO when spent, just like Bitcoin; to avoid losing untracability you would have to respend the outputs back to yourself prior to the deadline, or allow a wallet to do so automatically).
...


Whoa... Seems to me that would very much break some fundamental use-cases for Monero. People probably want to store some wealth privately, for a potentially long time, without any ongoing effort; eg, print a paper key, toss it in a few safe locations, and forget about it. That's been the case for a lot of people who embraced bitcoin as a store-of-value, and I'd guess it is/will-be similar with Monero. Requiring respends obviously breaks that capability.

If the wallet does this automatically for you, the problem is solved right? Check his last sentence. If you don't have to do anything yourself nor access the wallet, this argument can be debunked in my opinion. Smooth, do you have any comment on this perhaps?

If it is offline cold storage then no the wallet couldn't automatically keep the coins fresh (or do anything else). But the original concept shouldn't be mistaken as you needing to put a big flashing sign on your head with your monero address and balance. It just means when you did spent the coins the first spend would need to be mix 0, then after that you or others (no one could tell which) could respend those coins with mixing to reblend them back into the fog of the (then) active blockchain easily enough.

But as I said the obvious implementation has unintended complications so this is not on the agenda right now.



Well, I hope it doesn't show up on the agenda again at all. One of the most fascinating and versatile aspects of the store-of-value case for any crypto-coin stems from the fact that *only* the tiny piece of key data is required for fully-featured control of the asset. That control becomes less-than fully-featured for Monero if outputs were to lose capabilities over time should the corresponding private keys sit offline for long enough.
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