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Topic: [XMR] Monero Speculation - page 1895. (Read 3314330 times)

hero member
Activity: 770
Merit: 504
May 20, 2015, 10:02:53 PM
moooon?? lol Cheesy

THIS PIECE OF SHITCOIN IS GOING NOWHERE BUT DOWN!!!!!
   
 
Yes, I agree with the above poster.  Please come short the coin.  If you don't think this is the time to acquire, because of the fear and uncertainty, you are wrong: but at least you will not lose money.  You will just lose out on some outrageous profits over the next month. 
 
But if you think that now is the time to short Monero.... please do.  All you dash-tards and Monero-sux clowns, come on in.  The borrowing rates are attractive and the sooner your trading account gets vaporized, the sooner we can get back to reasonable discourse about the likely future price movements of this exponential asset.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
May 20, 2015, 09:51:13 PM
moooon?? lol Cheesy

THIS PIECE OF SHITCOIN IS GOING NOWHERE BUT DOWN!!!!!

There are over 30000 XMR on offer for lending at Poloniex with some very attractive rates, for those who wish to act on mrkavasaki's recommendation and sell XMR short. I for one am not planning on following mrkavasaki's recommendation. If a real short squeeze develops here it can be very interesting.
legendary
Activity: 2968
Merit: 1198
May 20, 2015, 09:42:24 PM
No posts deleted but consider this a warning to raise the level of discourse

Non-substantive comments such as Monero sucks, Monero is a scam, Monero is great, Monero to the moon, etc. are considered off topic. Every post and reply should add to the discussion.
hero member
Activity: 888
Merit: 500
May 20, 2015, 09:40:41 PM
moooon?? lol Cheesy

THIS PIECE OF SHITCOIN IS GOING NOWHERE BUT DOWN!!!!!
hero member
Activity: 770
Merit: 504
May 20, 2015, 09:34:31 PM
I don't even get why they keep working on Bytecoin. The jig is up. Who's going to use an 82% premined scamcoin?

Everyone wants to be in on the next big crypto pump, when good and bad alike get pumped, especially if they can stay in the top 20 or so.  And if you look at the absolute crap in the top 20 these days, it doesn't take much.

They're paying one or two developers in a third world country to pretend to do real development. How expensive is that? As coin scams go, it's fairly smart.




 
 
Bytecoin was likely a pre-alpha testnet, and remains as a false flag meta-lightning-rod.  The evidence is pretty overwhelming, if anyone cares to do the resea... 
 
Sorry, I meant:  BUY MONERO.  MOOOOOOOOOOON

legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
May 20, 2015, 09:18:21 PM
Every coin I own has been removed from all exchanges, i expect this i.d crap to spread among them quickly.

I could also be wrong  Wink

I had like 97 XMR on Poloniex this AM.  I had forgotten about them.  They have been whisked off as of today. Wink  It gets easier to be a bagholder.

I would not leave funds in an exchange unless one is activley trading. AML/KNC is the least of one's concerns. Ever heard of MTGox? By the way I will be going for level 3 verification on Poloniex and did not have funds on deposit there when the changeover occured.

On another note: The most effective way to squeeze the shorts to the wall is to buy and then take delivery.  Wink

https://bitcointalksearch.org/topic/m.11415501

I really did forget that stash. Wink
legendary
Activity: 2282
Merit: 1050
Monero Core Team
May 20, 2015, 09:06:35 PM
Every coin I own has been removed from all exchanges, i expect this i.d crap to spread among them quickly.

I could also be wrong  Wink

I had like 97 XMR on Poloniex this AM.  I had forgotten about them.  They have been whisked off as of today. Wink  It gets easier to be a bagholder.

I would not leave funds in an exchange unless one is activley trading. AML/KNC is the least of one's concerns. Ever heard of MTGox? By the way I will be going for level 3 verification on Poloniex and did not have funds on deposit there when the changeover occured.

On another note: The most effective way to squeeze the shorts to the wall is to buy and then take delivery.  Wink
legendary
Activity: 2968
Merit: 1198
May 20, 2015, 07:58:01 PM
I don't even get why they keep working on Bytecoin. The jig is up. Who's going to use an 82% premined scamcoin?

Everyone wants to be in on the next big crypto pump, when good and bad alike get pumped, especially if they can stay in the top 20 or so.  And if you look at the absolute crap in the top 20 these days, it doesn't take much.

They're paying one or two developers in a third world country to pretend to do real development. How expensive is that? As coin scams go, it's fairly smart.



hero member
Activity: 826
Merit: 500
May 20, 2015, 07:54:43 PM
I don't even get why they keep working on Bytecoin. The jig is up. Who's going to use an 82% premined scamcoin?
sr. member
Activity: 350
Merit: 250
May 20, 2015, 07:46:25 PM
I am not here to fud but a 4 million marketcap is definitely too expesive for just a cloncoin with no official GUI

Pretty sure XMR uses only 12-15% (if that) of bytecoin's original code FWIW.

It is true https://bitcointalksearch.org/topic/m.10990151

As I see the Monero devs do not hide they started as fork of Bytecoin, alas Bytecoin devs already copied xmr payment ID implementation (and possible other bugfixes) removing the credits and comments in the code.
legendary
Activity: 2968
Merit: 1198
May 20, 2015, 07:44:39 PM

Fuck you Poloniex. You screwed up here.

I'm not quite at this level of outrage, but I appreciate the sentiment.

I've seen some favorable rates on shape shift from time to time, and I'm strictly a small-timer, so that seems like the way I'll be going from now on.

Maybe after the dust settles someday I'll create a new account with my real name, but for now, my positions are set, and I'm digging in for the long haul.

My sentiment is solely about how they implemented the change. It is their prerogative to demand identification, but not to steal people's coins who happen to be offline for two days.

In my opinion the only legitimate way to make this change is to allow a choice to accept the new terms or immediately stop using the service and close your account and withdraw your coins without any artificial and aggressively-short deadline. Or at least explain that they are under legal order to seize coins and not allow a reasonable period for withdrawal if you don't agree to their new terms. They've done neither.

If they're under a gag order, tough shit. They still deserve the ire of the customer base they stuck it to. Get better lawyers.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
May 20, 2015, 07:38:20 PM
Every coin I own has been removed from all exchanges, i expect this i.d crap to spread among them quickly.

I could also be wrong  Wink

I had like 97 XMR on Poloniex this AM.  I had forgotten about them.  They have been whisked off as of today. Wink  It gets easier to be a bagholder.
legendary
Activity: 1050
Merit: 1001
May 20, 2015, 07:34:10 PM
Every coin I own has been removed from all exchanges, i expect this i.d crap to spread among them quickly.

I could also be wrong  Wink
legendary
Activity: 1512
Merit: 1000
@theshmadz
May 20, 2015, 07:31:19 PM


My take on this is that I have zero interest in giving my identity documents to any of the current crypto exchanges or other crypto businesses, and I have never done so, nor do I plan to. Not because I have anything to hide (all of my activities are entirely legal, and my identity isn't even that secret anyway), but because I simply don't trust them to safeguard it. Look at how many have been hacked, have had data breaches, rogue employees, etc. If I put coins there I'm aware I may have to forfeit them, so I act accordingly, mostly by exposure limits. Which is needed anyway given the risk of being hacked or "hacked".

I trimmed the rest but that piece I kept sums up my feelings almost perfectly. After I dealt with the anger phase, I was able to exit mostly intact (took a bath on some speculative coins I'd rather have held, but they got liquidated > bitcoin > Monero, so I don't mind so much. Was maybe a good thing to consolidate?)


Fuck you Poloniex. You screwed up here.

I'm not quite at this level of outrage, but I appreciate the sentiment.

I've seen some favorable rates on shape shift from time to time, and I'm strictly a small-timer, so that seems like the way I'll be going from now on.

Maybe after the dust settles someday I'll create a new account with my real name, but for now, my positions are set, and I'm digging in for the long haul.
hero member
Activity: 795
Merit: 514
May 20, 2015, 07:27:10 PM
"I'm not here to fud but..." pretty much always preceeds a big load of fud.

Poloniex being almost entirely unresponsive about their behavior is a bit suspicious (gag order perhaps?). Information regarding withdrawals may have already been seized.
legendary
Activity: 2968
Merit: 1198
May 20, 2015, 05:56:15 PM
well i think tc is right, at the moment, monero is too expensive. shorting is probably the best choise you can make

Contact your employer. Tell him he's not getting what he paid for. (or you could ask for a raise in order to make posts with better quality)
 
  
Seriously, how much do these people get paid?   I would be rich right now if I sold my writing abilities.   Grin

On the other hand, my honesty and integrity have opened up connections and opportunities I otherwise wouldn't have had, like discovering this opportunity-of-a-decade.

The paid trolls we've seen seem to hail from some poor non-English speaking country and have terrible writing skills. I'm sure their tiny hourly pay wouldn't be worth taking time away from your waterfall pool planning efforts.

legendary
Activity: 2968
Merit: 1198
May 20, 2015, 05:54:55 PM
I am not here to fud but a 4 million marketcap is definitely too expesive for just a cloncoin with no official GUI

I am not X but Y

is code for "Y is exactly X, and I know it, but I'm trying to obscure or deny that fact"

Example: I'm not intending to be rude here, but ___________.

Interpret accordingly.

legendary
Activity: 1442
Merit: 1018
May 20, 2015, 05:52:50 PM
I am not here to fud but a 4 million marketcap is definitely too expesive for just a cloncoin with no official GUI

Pretty sure XMR uses only 12-15% (if that) of bytecoin's original code FWIW.
legendary
Activity: 1050
Merit: 1001
May 20, 2015, 05:39:19 PM
Bought a nice amount of blackcoin with profits from monero Kiss
Thanks for the pump

Bought a nice amount of xmr with profits from black coin Kiss
hero member
Activity: 888
Merit: 500
May 20, 2015, 05:31:32 PM
I am not here to fud but a 4 million marketcap is definitely too expesive for just a cloncoin with no official GUI
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