Topic: [XMR] Monero Speculation - page 2059. (Read 3313076 times)

That the emission is higher now is a piece of the puzzle, certainly. Let's say in the middle of summer '14 and rounding up a bit, the total emission was 2.4m with 280k on the books. That's roughly 11.6%.

Today the emission is 6.4m with what? 450k on the books. That's roughly 7%.

Oh and a few days ago there were far less asks (and bids mind you).

Also, the books change quite dramatically. And who might be interested in having lot's of asks on the books?

Also the total mined supply is not constant. 280k / total mined then is not comparable to now.

And, it basicly is all relative. Summer '14 is not comparable to late winter '15. Look at BTC-price, look at all the alt pricing/volume. Be careful when drawing conclusions to quickly about specific coins/situations. It all moves within an ecosphere, within an ecosphere, within a ecosphere.  Ecosphereception

Those 280k coins in asks were worth over a million dollars back then. Liquidity was much better.

I have no idea how the order books would change during an XMR bull-run. Undoubtedly, many coins would come out of cold storage to increase the supply and dampen the rise.

Depends on what do you mean by serious amounts of buying pressure.
I don't remember seeing ever that many coins for sale on Poloniex. In last summer the high points of coins for sale were 280 k coins, now it is constantly over 400 k coins (increase of 1/3).
There are plenty of coins for sale, only people who are willing to buy at any price is lacking.
Even higher emission can be absorbed if there are enough people entering to the markets who want to buy coins at any price.

TrueCryptonaire, I allowed the UNO comments on both earlier occasions because it was tied to the question of supply and emission. But I'm not going to allow spamming of UNO mentions into unrelated posts. Please stop.

If this is not a trap, the main pump is over for now. It did not even reach the highs of December's pump.
If I am wrong, who knows how high it get.
However I doubt Risto is going to increase his holdings. As far as I know he got all the coins he personally want already in summer 2014 (I remember he said this in Poloniex box for us, the trolls) around the time Unobtanium started its long and currently lasting bull market.

The browser-based Crypto Kingdom MMORPG is launching very soon. It will be, to my knowledge, the first game in the world that uses a cryptocurrency-based ingame currency (i.e. moneritos). This will likely make the front page of /r/bitcoin (despite /r/bitcoin's anti-altcoin bias) and draw a good amount of attention to XMR. This will happen whether Risto buys XMR or not. Consider that XMR is unable to absorb any serious amount of sustained buying pressure. Also consider that only a small number of English-speaking readers of 3-4 incredibly long, cluttered threads on bitcointalk.org have any idea that this is about to happen, even though I'm writing it plainly here. Finally, consider that technical analysis indicates that XMR is breaking out of a very long downtrend against bitcoin.

Okay, first:
- I had no explicit knowledge of the massive release you were about to make the hours following my statement.
Second:
- The MEW (where both you and I are officials), is not working on the paradigm of voting. We have had very few votes or control of any kind, yet have been able to accomplish a lot on the paradigm of empowerment. I don't even know how much, and none of it has required my approval to get it going. I do take pride of developing the structure that allows things to happen without my approval, because the structure was my design. In CK we are struggling with this issue still..

If I have the resources to make XMR price go up, and the intention to (commit actions that will lead to) do so, I can officially make any announcement I feel right. Until now I haven't even taken advantage of low price myself, due to a self-imposed 24 hour delay from the announcement to action.

The trolls are accusing me of manipulating the price, and they are absolutely correct. I am one of the approximately 1 million people on the planet who have enough funds to (currently) do it (and unless others of the same caliber actively step in). There is no denying this fact. 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.

At face value, it looks like I am massively shooting at my own foot here, after all my stash has been bought many times higher than the price now, and buying more just became almost impossible with the supply drying up. But I have the understanding that the value of the currency is in the network of people who use it, and 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. The longer we wait until revaluation, the more violent it will be and again people will get burned. Abrupt and spectacular surges always happen with the coins, let's see if we can avoid it this time.

Everybody is invited to prove me wrong in the field. To fire a bullet, enter any amount in the box and click SELL. That'll teach me    I also have a kitty of customer funds for buying OTC, contact me.