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Topic: [XMR] Monero Speculation - page 2006. (Read 3313076 times)

legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
March 20, 2015, 06:42:12 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,
legendary
Activity: 1092
Merit: 1000
March 20, 2015, 03:53:31 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?
hero member
Activity: 798
Merit: 1000
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 ?
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
March 19, 2015, 09:19:30 PM
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.
legendary
Activity: 1260
Merit: 1008
March 19, 2015, 06:23:52 PM
someone got tired of waiting for their buy orders to fill

SERIOUSLY!

missed a window there.
legendary
Activity: 2968
Merit: 1198
March 19, 2015, 06:16:53 PM
devs are gone.

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

Hey guys,

Long time no see. Smiley
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.

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
legendary
Activity: 1722
Merit: 1217
March 19, 2015, 05:48:34 PM
someone got tired of waiting for their buy orders to fill
hero member
Activity: 538
Merit: 500
March 19, 2015, 05:45:44 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.
sr. member
Activity: 414
Merit: 251
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.
legendary
Activity: 1092
Merit: 1000
March 19, 2015, 04:29:38 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.
legendary
Activity: 1260
Merit: 1008
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?

legendary
Activity: 1092
Merit: 1000
March 19, 2015, 03:29:24 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.
hero member
Activity: 888
Merit: 500
March 19, 2015, 12:30:44 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
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
March 19, 2015, 12:26:03 PM
How is this for optimistic?  While I had poloniex open my cat walked across my keyboard and market bought some Monero Grin Cheesy Cool Huh Cool Shocked

A really optimistic cat would have placed a limit order.


hero member
Activity: 798
Merit: 1000
21 million. I want them all.
March 19, 2015, 12:25:32 PM
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)
full member
Activity: 154
Merit: 100
March 19, 2015, 12:19:25 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!
legendary
Activity: 1092
Merit: 1000
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
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
March 19, 2015, 12:12:40 PM
How is this for optimistic?  While I had poloniex open my cat walked across my keyboard and market bought some Monero Grin Cheesy Cool Huh Cool Shocked

A really optimistic cat would have placed a limit order.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
March 19, 2015, 11:57:47 AM
I feel lucky to have found Monero at this price point, and I continue to purchase because I believe in the project goals as well as the people driving them.

Being able to buy Monero under $1 is like having a time machine that goes back to 2010.

Have you seen our Roadmap?  It's freaking awesome!

https://getmonero.org/design-goals/
sr. member
Activity: 327
Merit: 250
March 19, 2015, 08:34:43 AM
It's good to have you aboard sphericon. You seem to be one of the keen 2nd gen investors fueling the recent price rises.

Thanks! It's been fun so far. I feel lucky to have found Monero at this price point, and I continue to purchase because I believe in the project goals as well as the people driving them.
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