[XMR] Monero Speculation - page 2005.

iCEBREAKER

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Crypto is the separation of Power and State.

Quote from: TrueCryptonaire on March 20, 2015, 03:53:31 PM

Quote from: dreamspark on March 20, 2015, 03:48:53 PM

Who was it who was speculating that with a drk price decline that we would see an xmr bump? Now drk seems to be mooning are you speculating that the inverse is true ?

Indeed the rise of DRK looks impressive. Shocked

In coinmarketcap DRK is now # 5....
However it might be just short term though...?
I do not own any DRK, but I should have bought it.
If you think XMR is the ultimate anon coin and you are a DRK bagholder, perhaps it is a good time to diversify now, right?

The rise would be more impressive if Dark-cum-Dash wasn't instamined.

The instamine beneficiaries can use their free coins like the fed prints money, to manipulate markets and pump when desired.

ArticMine

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Monero Core Team

Quote from: dreamspark on March 20, 2015, 03:48:53 PM

Who was it who was speculating that with a drk price decline that we would see an xmr bump? Now drk seems to be mooning are you speculating that the inverse is true ?

I have made the case that there is a negative correlation between XMR/XBT and DRK/XBT when there are bad news on the DRK/XBT side. The events of March 10 (late March 9 in some time zones) demonstrated this very well. There was a sharp drop in DRK/XBT on strong volume as a result of the initial community reaction to the re-branding at the same time there was rise in XMR/XBT also on strong volume. Furthermore there were not any particularly significant news on the XMR side. What we are seeing now is a rise in DRK/XBT that has fallen short of the recent February high of 0.01578 on anaemic upside volume accomplished by a small downward sideways moves in XMR/XBT also on low volume.

Is the correlation perfect? Of course not. In fact there are scenarios where both DRK and XMR could rise or fall in unison; however I do believe that significant negative news on the part of DRK/XBT can lead to an unexpected "out of the blue" rise in XMR/XBT. This is due to the much larger 4x market capitalization of DRK when compared to XMR. It is far from clear if the reverse holds true namely good news on the DRK/XBT leading to a fall in XMR/XBT.

lyth0s

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World Class Cryptonaire

Quote from: TrueCryptonaire on March 20, 2015, 03:53:31 PM

Quote from: dreamspark on March 20, 2015, 03:48:53 PM

Who was it who was speculating that with a drk price decline that we would see an xmr bump? Now drk seems to be mooning are you speculating that the inverse is true ?

Indeed the rise of DRK looks impressive. Shocked

In coinmarketcap DRK is now # 5....
However it might be just short term though...?
I do not own any DRK, but I should have bought it.
If you think XMR is the ultimate anon coin and you are a DRK bagholder, perhaps it is a good time to diversify now, right?

DRK has had some very nice gains in the past few days, but could you have known it would rise? I mean the whole masternode centralization (and running them on amazon cloud even) is the #1 fatal flaw of DRK to me and its long term success is near 0 IMO simply due to the masternode problem, because there will come a day when masternode owners (or the companies that run the servers) will become compromised to an entity that is willing to pay for the information. If DRK has little to no long term potential then an investment in it is just a gamble.

XMR has a much brighter future and is not reliant on such a weak link in the system. Price today might be higher or lower than yesterday, but you can be more assured of long term gains irrespective of todays price,

TrueCryptonaire

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Quote from: dreamspark on March 20, 2015, 03:48:53 PM

Who was it who was speculating that with a drk price decline that we would see an xmr bump? Now drk seems to be mooning are you speculating that the inverse is true ?

Indeed the rise of DRK looks impressive. Shocked

In coinmarketcap DRK is now # 5....
However it might be just short term though...?
I do not own any DRK, but I should have bought it.
If you think XMR is the ultimate anon coin and you are a DRK bagholder, perhaps it is a good time to diversify now, right?

dreamspark

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Who was it who was speculating that with a drk price decline that we would see an xmr bump? Now drk seems to be mooning are you speculating that the inverse is true ?

lyth0s

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The bid order market depth is starting to build up again. I'd be quite happily surprised if we reached 0.003 in the next major run up.

GingerAle

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Quote from: Anon136 on March 19, 2015, 05:48:34 PM

someone got tired of waiting for their buy orders to fill

SERIOUSLY!

missed a window there.

smooth

legendary

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Quote from: pinky on March 19, 2015, 05:45:44 PM

devs are gone.

Devs are basically doing a slow motion version this (it was his last post ever)

Quote from: amphibian on August 25, 2014, 09:19:57 AM

Hey guys,

Long time no see.

Just wanted to let you know that I was on a prolonged vacation and now I'm back and ready for the development.

Stay tuned for features to come.

Cheers.

To his credit crypto_zoidberg was actually reasonably honest about not having time to work on BBR. More so than the blatant "development is still going" scams, while the developers are actually doing nothing but denying abandonment to prop the price up so they can cash out a few more coins.

Quote from: crypto_zoidberg on February 27, 2015, 01:07:31 PM

Quote from: SalimNagamato on February 27, 2015, 09:51:00 AM

are you gonna leave bbr project ?

I have to admit that last months i didn't have enought time for BBR development, it's true, but despite this BBR is my primary project. And that's one of the reasons why i've decided to openly announce that i do other project also - just because i want to be fair with people.

Zoidberg

Anon136

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someone got tired of waiting for their buy orders to fill

pinky

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Quote from: LucyLovesCrypto on March 19, 2015, 05:12:44 PM

Big volume for BBR today. I wonder how supernet will impact it. Besides xmr, bbr is the only cryptonote coin I follow.

Just lone wolf buying. BBR is pretty much dead, XMR survived. I am saying this and still holding few BBR for memory. There could still be some big spikes in the future as price is crazy low, but nothing sustainable, devs are gone.

LucyLovesCrypto

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Big volume for BBR today. I wonder how supernet will impact it. Besides xmr, bbr is the only cryptonote coin I follow.

TrueCryptonaire

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Quote from: GingerAle on March 19, 2015, 04:02:33 PM

its funny, I think the slope of the downward trend (whenever there is one) is always similar - my theory is that it relates to emissions. Some big miners must dump no matter what the price.

If anyones bored and has one of those price graph things, could you plot the downtrends and calculate the slope?

I've noticed also the bear market in Polo is usually 4-6 %.
It might be due to miners selling but on the other hand, the emission is getting smaller day by day so theoretically also the bear markets should be lower.
Also, notice that the volume in Poloniex alone is several multiples of the block rewards. This means there is additional selling/buying going on too.

If someone has more mathematical approach, I would like to read it, too.

GingerAle

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its funny, I think the slope of the downward trend (whenever there is one) is always similar - my theory is that it relates to emissions. Some big miners must dump no matter what the price.

If anyones bored and has one of those price graph things, could you plot the downtrends and calculate the slope?

TrueCryptonaire

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Quote from: mrkavasaki on March 19, 2015, 12:30:44 PM

Quote from: TrueCryptonaire on March 19, 2015, 12:15:37 PM

The cool thing about Monero and other collectable items is that even the richest people cannot have it completely. Sure they can get asignificiant part of the pie but they are not able to get at least completely all my coins unless I unleash them. Oh boy this aint be cheap though. Grin

thats the reason why i do not have invest larger amounts in monero. it makes me a bad investment

Don't worry, my plan is to spend as many coins as possible with things I want before we even reach astronomical figures and I guess so is the case with other Monero holders, too. So the high price is very possible.
I think Risto's SSS plan is the model I am planning to use with the hoard. I am slowly slowly diversifying my coins but planning not to dump them at once ever. The higher it goes the less I will have coins for sale. On the other hand, I do not think I need even large sums of money. It is kind of headache to find places to invest with such a frugal guy as I am. I really do not enjoy much "luxury". Perhaps some charities I want to give (only causes I can relate though). It is a precious and priceless feeling when you give something like this. Believe me. It feels like you have some kind of favor on your being. It is strange but giving out money gives much more pleasure than taking it. Huh

Obviously not going to give to crooks and all kind of free riders though, but institutes such as Torah learning schools, etc.
As controversial as it sounds, giving out money do not make you a penny poorer.. Just look at Bill Gates or Warren Buffet who are big philantrophist but year after year their networth keeps growing.

mrkavasaki

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Quote from: TrueCryptonaire on March 19, 2015, 12:15:37 PM

The cool thing about Monero and other collectable items is that even the richest people cannot have it completely. Sure they can get asignificiant part of the pie but they are not able to get at least completely all my coins unless I unleash them. Oh boy this aint be cheap though. Grin

thats the reason why i do not have invest larger amounts in monero. it makes me a bad investment

iCEBREAKER

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Crypto is the separation of Power and State.

Quote from: aminorex on March 19, 2015, 12:12:40 PM

Quote from: nioc on March 18, 2015, 09:06:48 AM

How is this for optimistic? While I had poloniex open my cat walked across my keyboard and market bought some Monero Grin

A really optimistic cat would have placed a limit order.

jehst

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21 million. I want them all.

FUN FACT #3: If XMR were the first coin, it wouldn't matter if, when, or whether Satoshi spent his coins. (once MRL-004 issues are resolved)

clubsofsteel

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Quote from: TrueCryptonaire on March 19, 2015, 12:15:37 PM

The cool thing about Monero and other collectable items is that even the richest people cannot have it completely. Sure they can get asignificiant part of the pie but they are not able to get at least completely all my coins unless I unleash them. Oh boy this aint be cheap though. Grin

i finally decided to invest in some monroe coins Tongue

my only hope is it will make me some money lol
if not its ok, im used to losing money from coins failing, but monroe seems like it was a good choice for me to invest in Tongue

only time will tell!

TrueCryptonaire

legendary

Activity: 1092

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The cool thing about Monero and other collectable items is that even the richest people cannot have it completely. Sure they can get asignificiant part of the pie but they are not able to get at least completely all my coins unless I unleash them. Oh boy this aint be cheap though. Grin

aminorex

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Sine secretum non libertas

Quote from: nioc on March 18, 2015, 09:06:48 AM

How is this for optimistic? While I had poloniex open my cat walked across my keyboard and market bought some Monero Grin

A really optimistic cat would have placed a limit order.

Topic: [XMR] Monero Speculation - page 2005. (Read 3314325 times)