[XMR] Monero Speculation - page 2057.

rpietila

donator

Activity: 1722

Merit: 1036

OK, let's put the end to the "silly pump" talk.

Quote from: rpietila on February 22, 2015, 05:32:39 PM

So, let this be the official announcement that the price of monero will now start rising.

Exactly this has happened. Minutes after the announcement, the price started to rise from 0.00115 to now 0.00140 (+22% in less than 3 days).

Quote from: rpietila on February 22, 2015, 05:32:39 PM

Everyone who reads this is asked to keep calm and buy at most a very small amount per day, but instead be very vigilant in selling at the best opportunity. Large holders are entering in, we need them, and they need the coins!

This did not work as intended. I haven't increased my position at all yet, for the reason that I decided to wait 24 hours and then the price was already toppy. So people have bought more than very small amounts, and sellers have been fewer than hoped. Don't claim that I am asking people to buy when the exact opposite is true.

Quote from: rpietila on February 23, 2015, 08:02:36 AM

The least I can do before starting to buy en masse due to these wonderful new developments, and before allocating my carte blanche wealth management clients' funds to it, and promote it to the larger circles that I advice concerning wealth management, and before reactivating my gold/silver/BTC/XMR/fiat dealership enabling XMR to be bought with fiat, etc. is to announce all of it beforehand.

QFT.

Quote from: rpietila on February 23, 2015, 08:02:36 AM

Right now is the time to start getting back those people who were burning for Monero last summer but have since sold due to the depressing market and development taking time.

If you believed that the time allocated for "getting back the ex-Moneroholders" was a few hours, you are mistaken. The rise is planned to be gradual, so there will be more time to buy. Don't buy too hastily, do sell if it feels overextended (but not out of boredom), and always keep the core position.

thelibertycap

full member

Activity: 211

Merit: 100

Quote from: GingerAle on February 25, 2015, 01:20:49 PM

As mentioned miles up in the posts before this recent pump bonanza, I think the main thing that ultimately will shift the behavior of the XMR market is the # of people actually using it.

As stslimited pointed out, the currency already provides what its designed to provide: private transactions. You don't need to hold any XMR to use its technology.

Eventually, as usage increases (and I think it will thanks to XMR.to), people that want to buy something privately will maybe buy 50$ worth of XMR even though their purchase only requires 40$ worth. Sure, this is one person now with 10 XMR off the markets, decreasing supply by a tiny tiny fraction, but this will add up, over time.

And further to make speculation of XMR even more difficult, is that the price of XMR doesn't matter for this use case. If I need to buy 50$ worth of XMR to make a private transaction, it doesn't matter if 50$ buys my 150 XMR or if it buys me 0.001 XMR.

okey doke. Lunch is over.

Fully agree. It is the same reason why Bitcoin is here to stay no matter the price. If the blockchain is secured it is already a success.

XMR.to will provide micro-liquidity in the spread same as Shapeshift does. Not only speculators buying on an exchange waiting for the best price.

I am already running the new blockchain db branch and it is working alright. After the devs finally, by some magic hand, soon, decide to merge it upstream, all the exchanges can integrate monero without the hassle of the previous memory-bloated implementation.

GingerAle

legendary

Activity: 1260

Merit: 1008

As mentioned miles up in the posts before this recent pump bonanza, I think the main thing that ultimately will shift the behavior of the XMR market is the # of people actually using it.

As stslimited pointed out, the currency already provides what its designed to provide: private transactions. You don't need to hold any XMR to use its technology.

Eventually, as usage increases (and I think it will thanks to XMR.to), people that want to buy something privately will maybe buy 50$ worth of XMR even though their purchase only requires 40$ worth. Sure, this is one person now with 10 XMR off the markets, decreasing supply by a tiny tiny fraction, but this will add up, over time.

And further to make speculation of XMR even more difficult, is that the price of XMR doesn't matter for this use case. If I need to buy 50$ worth of XMR to make a private transaction, it doesn't matter if 50$ buys my 150 XMR or if it buys me 0.001 XMR.

okey doke. Lunch is over.

nioc

legendary

Activity: 1624

Merit: 1008

Quote from: dreamspark on February 25, 2015, 12:09:07 PM

dreamspark, I have always found your posts to have no BS and great insight. Because of that, your postings in the btc speculation thread convinced me that Monero was legitimate. The devs and the community keep proving it to be so.

Thank you dreamspark

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: jehst on February 25, 2015, 11:19:51 AM

Quote from: ?? on ??

In regards to technicals the volume tells the story. There has not been any significant volume since they high just a low volume dwindle down meaning there is no real interest in buying at these prices.

Right. The low volume at these prices and the price history of XMR simply doesn't support the proposition of more than three <0.001x cost-basis whales (20,000 - 100,000 XMR holders). It also doesn't support the proposition that any significant new money has entered XMR. Yet XMR has excellent technology and development. IMO, these semi-obvious truths present an opportunity for someone with a healthy appetite for risk.

EDIT: It seems you've deleted your post. No need to feel ashamed of it. You spoke the truth.

Yeah I deleted it, tbh I couldnt be bothered to argue my point. Plus I'd just get called a troll or that Im talking my book and I have no interest or time at the moment to engage with those people. I know my analysis is generally right and I made nice profits from this stupid pump and still hold a large long term position from mining in the beggining. I just wish we could get some natural market progression to really turn around the bearish trend rather than silly 60% pumps leaving new investors holding bags and long term investors finding themselves even more over weight. All these spikes do is dampen investor confidence. Theres still plenty of XMR out there (nearly half a million on Polo alone) the train isnt leaving for a while yet.

Id like to see a nice bounce near 0.0011 and some slow steady progress upwards the sort you would expect with a coin still with a large amount of inflation.

jehst

hero member

Activity: 798

Merit: 1000

21 million. I want them all.

Quote from: ?? on ??

In regards to technicals the volume tells the story. There has not been any significant volume since they high just a low volume dwindle down meaning there is no real interest in buying at these prices.

Right. The low volume at these prices and the price history of XMR simply doesn't support the proposition of more than three <0.001x cost-basis whales (20,000 - 100,000 XMR holders). It also doesn't support the proposition that any significant new money has entered XMR. Yet XMR has excellent technology and development. IMO, these semi-obvious truths present an opportunity for someone with a healthy appetite for risk.

EDIT: It seems you've deleted your post. No need to feel ashamed of it. You spoke the truth.

othe

hero member

Activity: 532

Merit: 500

Quote

I'm saying that the database bullshit isn't going to be available for a long time , a GUI isn't going to be available for a long time, many people don't want to use mymonero.com as a web wallet. MyMonero and other projects simply sidetrack the core developers

tons of people are using the db since weeks, only not in your head.

Quote

first and foremost, I would like to thank Risto (rpietila) for providing the liquidity that myself and my group of investors needed to dump at good prices. His spiel about low prices - even though the same logic has been applicable for 7 months or 210 days - gave us the liquidity catalyst to liquidate holdings near our cost basis.

Oh dear - you know next to nothing or even less.

nioc

legendary

Activity: 1624

Merit: 1008

Quote from: stslimited on February 25, 2015, 09:44:43 AM

A lot of people had hoped this rally would coincide with a missive that contained software updates making monero more usable, but it did not.

I was surprised a missive was coming out as I knew from following the discussion as well as the github that software updates were not imminent. What we got was an updated website which is something we have been looking for.

The price had already started to rise from 0.001 to ~ 0.00118 before both the Missive and Risto's announcements.

I made a small purchase only because I like round numbers (excuses excuses) and traded a small amount for a small positive outcome.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: stslimited on February 25, 2015, 09:44:43 AM

Quote from: dEBRUYNE on February 25, 2015, 09:41:52 AM

Quote from: stslimited on February 25, 2015, 08:18:24 AM

Quote from: onemorebtc on February 25, 2015, 06:37:02 AM

Quote from: stslimited on February 25, 2015, 06:23:34 AM

Quote from: thelibertycap on February 25, 2015, 06:12:50 AM

Quote from: stslimited on February 25, 2015, 05:56:20 AM

first and foremost, I would like to thank Risto (rpietila) for providing the liquidity that myself and my group of investors needed to dump at good prices. His spiel about low prices - even though the same logic has been applicable for 7 months or 210 days - gave us the liquidity catalyst to liquidate holdings near our cost basis.

Quote from: stslimited on February 22, 2015, 07:53:28 PM

can everyone with buy orders in the .0010 range move your bid orders up a bit higher, I'm trying to form a syndicate bid with a bigger buy wall closer to the International Best Bid Best Offer

I can take out the order at .0017 if someone else fills the order at .00161 , judging conviction before I start filling heavily. I can take out the higher ask because this is still below my cost basis.

no comment needed

fifth I would like to thank the syndicate bidders for their patience, everyone that actually replied (via PM) to my numerous posts about forming syndicate bid knows who they are.

a) none of them were taken out

b) I was forming that before Risto's pump and before missive rumors started. Go look, that wasn't my first post about the syndicate bid

doesnt change the fact that you are a lier.
so no thanks: not interested in you "syndicate"

How? Nobody filled .00161 , that wasn't my order, I sold deep into the bids, you probably got a partial fill from me.

I judged the strength of Risto's pump, set a target, saw that there wasn't any strength. Some people use charts to see their arbitrary breakout patterns, I look specifically at the orders. Anybody can print a higher price on a chart, take a screenshot and say look my technical analysis is coming true. But to judge continuation in the trend you have to see how the orders are acting.

The missive had nothing to help with the rally or with Monero's potentially new found attention, and I decided that there isn't a reason holding this right now. When Risto disappear's I can't sell.

If someone did fill that order at .00161 I would have still filled the order at .0017 and kept the rally going. But it fizzled because it was bullshit, just Risto

so ultimately, my group is getting better returns in other assets in more established markets (not crypto!). Monero is still on the radar but it turns out that we can unlink our transactions whenever we want without needing to hold thousands of monero in the meantime. When we want to do that, we'll pick up some more Monero , no matter where it is in development or exchange rate.

Can you elaborate a bit more on the bolded part? I don't really get what you are saying here.

I'm saying that the database bullshit isn't going to be available for a long time , a GUI isn't going to be available for a long time, many people don't want to use mymonero.com as a web wallet. MyMonero and other projects simply sidetrack the core developers

and so if I actually want to USE monero for financial privacy, I can still do that whenever I want to, but I don't need to speculate on it.

A lot of people had hoped this rally would coincide with a missive that contained software updates making monero more usable, but it did not.

You must've missed this comment then:

Quote from: smooth on February 24, 2015, 03:31:31 PM

Quote from: nachoig on February 24, 2015, 03:29:47 PM

I had the same problem with my Windows machine. It seems this is a "normal" behavior, it maintains the blockchain running at RAM. I do'nt know why this still wasn't fixed, DarkNote already claims to fixed this.

There is a "quick and dirty" way to reduce the memory usage without a database that some other cyptonote coins have adopted. We're not using it. The database code is available for testing now though, and should hit a release fairly soon.

Can't make statements about the other things you said, only that MyMonero is in my opinion actually a great addition for Monero.

stslimited

hero member

Activity: 546

Merit: 500

Quote from: dEBRUYNE on February 25, 2015, 09:41:52 AM

Quote from: stslimited on February 25, 2015, 08:18:24 AM

Quote from: onemorebtc on February 25, 2015, 06:37:02 AM

Quote from: stslimited on February 25, 2015, 06:23:34 AM

Quote from: thelibertycap on February 25, 2015, 06:12:50 AM

Quote from: stslimited on February 25, 2015, 05:56:20 AM

first and foremost, I would like to thank Risto (rpietila) for providing the liquidity that myself and my group of investors needed to dump at good prices. His spiel about low prices - even though the same logic has been applicable for 7 months or 210 days - gave us the liquidity catalyst to liquidate holdings near our cost basis.

Quote from: stslimited on February 22, 2015, 07:53:28 PM

can everyone with buy orders in the .0010 range move your bid orders up a bit higher, I'm trying to form a syndicate bid with a bigger buy wall closer to the International Best Bid Best Offer

I can take out the order at .0017 if someone else fills the order at .00161 , judging conviction before I start filling heavily. I can take out the higher ask because this is still below my cost basis.

no comment needed

fifth I would like to thank the syndicate bidders for their patience, everyone that actually replied (via PM) to my numerous posts about forming syndicate bid knows who they are.

a) none of them were taken out

b) I was forming that before Risto's pump and before missive rumors started. Go look, that wasn't my first post about the syndicate bid

doesnt change the fact that you are a lier.
so no thanks: not interested in you "syndicate"

How? Nobody filled .00161 , that wasn't my order, I sold deep into the bids, you probably got a partial fill from me.

I judged the strength of Risto's pump, set a target, saw that there wasn't any strength. Some people use charts to see their arbitrary breakout patterns, I look specifically at the orders. Anybody can print a higher price on a chart, take a screenshot and say look my technical analysis is coming true. But to judge continuation in the trend you have to see how the orders are acting.

The missive had nothing to help with the rally or with Monero's potentially new found attention, and I decided that there isn't a reason holding this right now. When Risto disappear's I can't sell.

If someone did fill that order at .00161 I would have still filled the order at .0017 and kept the rally going. But it fizzled because it was bullshit, just Risto

so ultimately, my group is getting better returns in other assets in more established markets (not crypto!). Monero is still on the radar but it turns out that we can unlink our transactions whenever we want without needing to hold thousands of monero in the meantime. When we want to do that, we'll pick up some more Monero , no matter where it is in development or exchange rate.

Can you elaborate a bit more on the bolded part? I don't really get what you are saying here.

I'm saying that the database bullshit isn't going to be available for a long time, a GUI isn't going to be available for a long time, many people don't want to use mymonero.com as a web wallet. MyMonero and other projects simply sidetrack the core developers

and so if I actually want to USE monero for financial privacy, I can still do that whenever I want to, but I don't need to speculate on it.

A lot of people had hoped this rally would coincide with a missive that contained software updates making monero more usable, but it did not.

stslimited

hero member

Activity: 546

Merit: 500

Quote from: thelibertycap on February 25, 2015, 09:29:43 AM

Quote from: stslimited on February 25, 2015, 09:23:29 AM

Quote from: thelibertycap on February 25, 2015, 09:19:12 AM

Quote from: stslimited on February 25, 2015, 09:11:41 AM

Quote from: Bassica on February 25, 2015, 09:07:59 AM

I do not believe that a guy like you has any substantial amount under management. People who do are not dumb egotrippers who brag about a scam-trade in sort of some emmy-receiving speech-way. They would've kept it quiet and moved on. Keeping themselves able to form a real syndicate the next time. You are nothing more than a mincy little internet troll with maybe a 5 figure bankroll scrambled from some friends and relatives and acting like the new prodigy of investing. You got screwed out of money by some people smarter than you and this is how you reconstruct ego.

The Monero trade was 5 figures, yes. Monero volume over the last couple days does not translate into a decent 6 figure sum by any estimate. So naturally, my contribution in this volume would be less. As would Risto and his arbitrary amount of assets under management

The point of me talking about it actually isn't arbitrary either. It is to reveal Risto's solo contribution to the price action. It reveals that people should expect liquidity to dry up when he and only he gets bored. It is to let the price naturally gravitate back down to .001 so I can accumulate there again if I feel inclined to do so, instead of at .0014 , it is to point out the realization that there is no aggregate market force supporting the current price, just Risto. It is for other larger holders to contemplate dumping while the liquidity is there instead keeping their ask orders high above the bid.

This asset is still worth .0010 just like it was a month ago.

You expect people to listen to you after all your bullshit?
You are an ordinary troll - it seems not even a smart one.
Lets just move on.

Cognitive Dissonance

Those buy walls were twice the size yesterday. Looks like I'm pretty good at this.

I don't care if you can trade or not, you are missing the point entirely.
You came here asking for bid support and claiming you will buy higher to help the market because you will still have better cost average - and then you simply dumped and abandoned all.
There is not much more to say - good luck to guys forming the next syndicate with you. Calling you a scammer after this isn't far from the truth.

directly correlated to the lack of bid support or newcomer interest at all to support a rally. I know exactly where the syndicate bid will be. Those bids were not part of mine. So you have to think of it more like this narrative "hello? hello? well fuck you guys, SELL" nobody answered the call, my syndicate is ORGANIZED not just some random bids placed in the middle of whatever Risto is doing.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: stslimited on February 25, 2015, 08:18:24 AM

Quote from: onemorebtc on February 25, 2015, 06:37:02 AM

Quote from: stslimited on February 25, 2015, 06:23:34 AM

Quote from: thelibertycap on February 25, 2015, 06:12:50 AM

Quote from: stslimited on February 25, 2015, 05:56:20 AM

first and foremost, I would like to thank Risto (rpietila) for providing the liquidity that myself and my group of investors needed to dump at good prices. His spiel about low prices - even though the same logic has been applicable for 7 months or 210 days - gave us the liquidity catalyst to liquidate holdings near our cost basis.

Quote from: stslimited on February 22, 2015, 07:53:28 PM

can everyone with buy orders in the .0010 range move your bid orders up a bit higher, I'm trying to form a syndicate bid with a bigger buy wall closer to the International Best Bid Best Offer

I can take out the order at .0017 if someone else fills the order at .00161 , judging conviction before I start filling heavily. I can take out the higher ask because this is still below my cost basis.

no comment needed

fifth I would like to thank the syndicate bidders for their patience, everyone that actually replied (via PM) to my numerous posts about forming syndicate bid knows who they are.

a) none of them were taken out

b) I was forming that before Risto's pump and before missive rumors started. Go look, that wasn't my first post about the syndicate bid

doesnt change the fact that you are a lier.
so no thanks: not interested in you "syndicate"

How? Nobody filled .00161 , that wasn't my order, I sold deep into the bids, you probably got a partial fill from me.

I judged the strength of Risto's pump, set a target, saw that there wasn't any strength. Some people use charts to see their arbitrary breakout patterns, I look specifically at the orders. Anybody can print a higher price on a chart, take a screenshot and say look my technical analysis is coming true. But to judge continuation in the trend you have to see how the orders are acting.

The missive had nothing to help with the rally or with Monero's potentially new found attention, and I decided that there isn't a reason holding this right now. When Risto disappear's I can't sell.

If someone did fill that order at .00161 I would have still filled the order at .0017 and kept the rally going. But it fizzled because it was bullshit, just Risto

so ultimately, my group is getting better returns in other assets in more established markets (not crypto!). Monero is still on the radar but it turns out that we can unlink our transactions whenever we want without needing to hold thousands of monero in the meantime. When we want to do that, we'll pick up some more Monero , no matter where it is in development or exchange rate.

Can you elaborate a bit more on the bolded part? I don't really get what you are saying here.

thelibertycap

full member

Activity: 211

Merit: 100

Quote from: stslimited on February 25, 2015, 09:23:29 AM

Quote from: thelibertycap on February 25, 2015, 09:19:12 AM

Quote from: stslimited on February 25, 2015, 09:11:41 AM

Quote from: Bassica on February 25, 2015, 09:07:59 AM

I do not believe that a guy like you has any substantial amount under management. People who do are not dumb egotrippers who brag about a scam-trade in sort of some emmy-receiving speech-way. They would've kept it quiet and moved on. Keeping themselves able to form a real syndicate the next time. You are nothing more than a mincy little internet troll with maybe a 5 figure bankroll scrambled from some friends and relatives and acting like the new prodigy of investing. You got screwed out of money by some people smarter than you and this is how you reconstruct ego.

The Monero trade was 5 figures, yes. Monero volume over the last couple days does not translate into a decent 6 figure sum by any estimate. So naturally, my contribution in this volume would be less. As would Risto and his arbitrary amount of assets under management

The point of me talking about it actually isn't arbitrary either. It is to reveal Risto's solo contribution to the price action. It reveals that people should expect liquidity to dry up when he and only he gets bored. It is to let the price naturally gravitate back down to .001 so I can accumulate there again if I feel inclined to do so, instead of at .0014 , it is to point out the realization that there is no aggregate market force supporting the current price, just Risto. It is for other larger holders to contemplate dumping while the liquidity is there instead keeping their ask orders high above the bid.

This asset is still worth .0010 just like it was a month ago.

You expect people to listen to you after all your bullshit?
You are an ordinary troll - it seems not even a smart one.
Lets just move on.

Cognitive Dissonance

Those buy walls were twice the size yesterday. Looks like I'm pretty good at this.

I don't care if you can trade or not, you are missing the point entirely.
You came here asking for bid support and claiming you will buy higher to help the market because you will still have better cost average - and then you simply dumped and abandoned all.
There is not much more to say - good luck to guys forming the next syndicate with you. Calling you a scammer after this isn't far from the truth.

GingerAle

legendary

Activity: 1260

Merit: 1008

indeed, introducing a direct financial component to open source software creates quite a phenomenon.

papa_lazzarou

hero member

Activity: 649

Merit: 500

For those who are interested:

http://bullbearanalytics.com/2015/02/24/monero-price-analysis-2232015-bull-flag-breakdown/

stslimited

hero member

Activity: 546

Merit: 500

Quote from: thelibertycap on February 25, 2015, 09:19:12 AM

Quote from: stslimited on February 25, 2015, 09:11:41 AM

Quote from: Bassica on February 25, 2015, 09:07:59 AM

I do not believe that a guy like you has any substantial amount under management. People who do are not dumb egotrippers who brag about a scam-trade in sort of some emmy-receiving speech-way. They would've kept it quiet and moved on. Keeping themselves able to form a real syndicate the next time. You are nothing more than a mincy little internet troll with maybe a 5 figure bankroll scrambled from some friends and relatives and acting like the new prodigy of investing. You got screwed out of money by some people smarter than you and this is how you reconstruct ego.

The Monero trade was 5 figures, yes. Monero volume over the last couple days does not translate into a decent 6 figure sum by any estimate. So naturally, my contribution in this volume would be less. As would Risto and his arbitrary amount of assets under management

The point of me talking about it actually isn't arbitrary either. It is to reveal Risto's solo contribution to the price action. It reveals that people should expect liquidity to dry up when he and only he gets bored. It is to let the price naturally gravitate back down to .001 so I can accumulate there again if I feel inclined to do so, instead of at .0014 , it is to point out the realization that there is no aggregate market force supporting the current price, just Risto. It is for other larger holders to contemplate dumping while the liquidity is there instead keeping their ask orders high above the bid.

This asset is still worth .0010 just like it was a month ago.

You expect people to listen to you after all your bullshit?
You are an ordinary troll - it seems not even a smart one.
Lets just move on.

Cognitive dissonance

Those buy walls were twice the size yesterday. Looks like I'm pretty good at this. The people here contemplating their Monero trades aren't thinking "the person that sold at a loss is a troll", they are thinking "maybe I'll get stuck in this again like he was" "maybe I should lower my ask" "maybe I don't want to add to my position because then I won't be able to sell easily"

These are truths whether I say them or not.

Wexlike

legendary

Activity: 1473

Merit: 1086

Who cares ? He sold at a loss. Can we move on now ? Roll Eyes

thelibertycap

full member

Activity: 211

Merit: 100

Quote from: stslimited on February 25, 2015, 09:11:41 AM

Quote from: Bassica on February 25, 2015, 09:07:59 AM

I do not believe that a guy like you has any substantial amount under management. People who do are not dumb egotrippers who brag about a scam-trade in sort of some emmy-receiving speech-way. They would've kept it quiet and moved on. Keeping themselves able to form a real syndicate the next time. You are nothing more than a mincy little internet troll with maybe a 5 figure bankroll scrambled from some friends and relatives and acting like the new prodigy of investing. You got screwed out of money by some people smarter than you and this is how you reconstruct ego.

The Monero trade was 5 figures, yes. Monero volume over the last couple days does not translate into a decent 6 figure sum by any estimate. So naturally, my contribution in this volume would be less. As would Risto and his arbitrary amount of assets under management

The point of me talking about it actually isn't arbitrary either. It is to reveal Risto's solo contribution to the price action. It reveals that people should expect liquidity to dry up when he and only he gets bored. It is to let the price naturally gravitate back down to .001 so I can accumulate there again if I feel inclined to do so, instead of at .0014 , it is to point out the realization that there is no aggregate market force supporting the current price, just Risto. It is for other larger holders to contemplate dumping while the liquidity is there instead keeping their ask orders high above the bid.

This asset is still worth .0010 just like it was a month ago.

You expect people to listen to you after all your bullshit?
You are an ordinary troll - it seems not even a smart one.
Lets just move on.

stslimited

hero member

Activity: 546

Merit: 500

Quote from: Bassica on February 25, 2015, 09:07:59 AM

I do not believe that a guy like you has any substantial amount under management. People who do are not dumb egotrippers who brag about a scam-trade in sort of some emmy-receiving speech-way. They would've kept it quiet and moved on. Keeping themselves able to form a real syndicate the next time. You are nothing more than a mincy little internet troll with maybe a 5 figure bankroll scrambled from some friends and relatives and acting like the new prodigy of investing. You got screwed out of money by some people smarter than you and this is how you reconstruct ego.

The Monero trade was 5 figures, yes. Monero volume over the last couple days does not translate into a decent 6 figure sum by any estimate. So naturally, my contribution in this volume would be less. As would Risto and his arbitrary amount of assets under management

The point of me talking about it actually isn't arbitrary either. It is to reveal Risto's solo contribution to the price action. It reveals that people should expect liquidity to dry up when he and only he gets bored. It is to let the price naturally gravitate back down to .001 so I can accumulate there again if I feel inclined to do so, instead of at .0014 , it is to point out the realization that there is no aggregate market force supporting the current price, just Risto. It is for other larger holders to contemplate dumping while the liquidity is there instead keeping their ask orders high above the bid.

This asset is still worth .0010 just like it was a month ago.

Bassica

sr. member

Activity: 283

Merit: 250

Quote from: stslimited on February 25, 2015, 08:27:00 AM

Quote from: Bassica on February 25, 2015, 06:57:57 AM

Haha, well congrats stslimited. How much did you manage to avoid losing? Couple of K's? Was that really worth your reputation?

Crypto really is to sleazeballs what those blue lights are to flies.

haha it was a pretty big position, the volume hasn't been 300 bitcoin just because Risto was trading back and forth. so again like I said, thanks to Risto for the liquidity. (I guarantee he was selling too, you could tell by how some of the sell walls acted)

You should get mad at the pumper.

I'm still doing the syndicate bid when Risto's bs fizzles out, and monero development gets further along in actual consequential usability

Don't get me wrong, sleaz-o, i'm not mad. I'm financially unaffected by you scamming some people into putting bids which you then dumped on. I haven't changed or taken any extra positions during the last several days. I'm just surprised by your lack of ethics. And also the fact you think you can do this again (proposing to form another 'syndicate'). How stupid do you think people are? How stupid are you?

I do not believe that a guy like you has any substantial amount under management. People who do are not dumb egotrippers who brag about a scam-trade in sort of some emmy-receiving speech-way. They would've kept it quiet and moved on. Keeping themselves able to form a real syndicate the next time. You are nothing more than a mincy little internet troll with maybe a 5 figure bankroll scrambled from some friends and relatives and acting like the new prodigy of investing. You got screwed out of money by some people smarter than you and this is how you reconstruct ego.

Good luck with the syndicate bid next time. I'm sure you'll find your way to sucker people in again, sleazebags always do. Oh and keep up the investor/baller-charade, there must be some guys here on bitcointalk believing it, lol.

Topic: [XMR] Monero Speculation - page 2057. (Read 3313076 times)