[XMR] Monero Speculation - page 2130.

UnicornFarts

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Activity: 154

Merit: 100

Quote from: smooth on October 28, 2014, 05:57:17 PM

Quote from: UnicornFarts on October 28, 2014, 05:54:31 PM

Quote

Bigger risk, better reward Grin

not always the case. buying magic beans is really high risk.

ive never heard of magic beans actually paying off.

so not always the potential for higher reward just cuz something is higher risk. Roll Eyes

If there is no potential for gain (or even recovery of your investment) then there is no risk, just guaranteed loss.

Risk means you don't know what is going to happen.

ok smartass o.O

my point was that higher risk does not always equal higher reward. if somebody said "buy these magic beans and go rob the giant the beans cost $100" then my risk is $100.

if some other dude said "buy my magic beans they are the real ones they cost $10,000. but you get what you pay for. no risk, no reward"

Then my risk is higher ($10,000 vs $100) but my payoff is the same (gold the giant owns) and my chances of getting magic beans are the same (pretty freakin' slim).

smooth

legendary

Activity: 2968

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Quote from: UnicornFarts on October 28, 2014, 05:54:31 PM

Quote

Bigger risk, better reward Grin

not always the case. buying magic beans is really high risk.

ive never heard of magic beans actually paying off.

so not always the potential for higher reward just cuz something is higher risk. Roll Eyes

If there is no potential for gain (or even recovery of your investment) then there is no risk, just guaranteed loss.

Risk means you don't know what is going to happen.

UnicornFarts

full member

Activity: 154

Merit: 100

Quote

Bigger risk, better reward Grin

not always the case. buying magic beans is really high risk.

ive never heard of magic beans actually paying off.

so not always the potential for higher reward just cuz something is higher risk. Roll Eyes

2dogs

legendary

Activity: 1267

Merit: 1000

This is turning out to be one wild roller coaster ride.
Gonna need a couple of barf bags before this is over.

papa_lazzarou

hero member

Activity: 649

Merit: 500

Quote from: UnicornFarts on October 28, 2014, 02:36:45 PM

Quote

Solid post, agreed on all points I have an opinion on (That is, everything except the Truckcoin/Hyperstake remark. Don't know anything about those.)

EDIT: Unless 'consolation' is supposed to mean 'gloating'... but I don't think it was intended like that.

No. Not gloating. Why would I gloat? I think many people don't take into account that it's probably harder to make the same % as a whale than a little guy. There is some consolation / security in that this can't be a dump profiting whales because there's been such a high price from (almost) the beginning. So they're stuck right here with us little guys Tongue

Oh. That's what you meant... Undecided

rpietila

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Activity: 1722

Merit: 1036

Quote from: smooth on October 28, 2014, 04:51:19 PM

Quote from: vuduchyld on October 28, 2014, 03:35:30 PM

Quote from: UnicornFarts on October 28, 2014, 11:00:03 AM

Thank you devs for what you do. I'll be donating more soon.

Yeah, I have roughly doubled my XMR stake since I joined the MEW. I need to double my initial throwdown. Thanks for the reminder, UnicornFarts.

(Now there is a sentence I never expected to type.)

Remember that MEW membership includes 50% donation to the project (and the other 50% will be used by MEW to promote Monero). Both direct donations and MEW membership helps the project.

I have to chime in to say that MEW membership also grants you +25% gold if you buy from the King's auction in Crypto Kingdom. So you get all these 3 good things, and 125% for the price of 100%!

smooth

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Activity: 2968

Merit: 1198

Quote from: vuduchyld on October 28, 2014, 03:35:30 PM

Quote from: UnicornFarts on October 28, 2014, 11:00:03 AM

Thank you devs for what you do. I'll be donating more soon.

Yeah, I have roughly doubled my XMR stake since I joined the MEW. I need to double my initial throwdown. Thanks for the reminder, UnicornFarts.

(Now there is a sentence I never expected to type.)

Remember that MEW membership includes 50% donation to the project (and the other 50% will be used by MEW to promote Monero). Both direct donations and MEW membership help the project.

Wekkel

legendary

Activity: 3122

Merit: 1538

yes

Quote from: pa on October 28, 2014, 03:49:59 PM

Quote from: Wekkel on October 28, 2014, 03:42:02 PM

XMR just has to go through this phase. The price does not lie, the initial price was apparently a bit too high. Patience is a virtue.

Bitcoin price had several 5-fold drops from ATH and even one or two 10-fold drops. XMR is likely to be even more of a roller-coaster.

Bigger risk, better reward Grin

pa

hero member

Activity: 528

Merit: 501

Quote from: Wekkel on October 28, 2014, 03:42:02 PM

XMR just has to go through this phase. The price does not lie, the initial price was apparently a bit too high. Patience is a virtue.

Bitcoin price had several 5-fold drops from ATH and even one or two 10-fold drops. XMR is likely to be even more of a roller-coaster.

Wekkel

legendary

Activity: 3122

Merit: 1538

yes

XMR just has to go through this phase. The price does not lie, the initial price was apparently a bit too high. Patience is a virtue.

vuduchyld

sr. member

Activity: 364

Merit: 250

Quote from: UnicornFarts on October 28, 2014, 11:00:03 AM

Thank you devs for what you do. I'll be donating more soon.

Yeah, I have roughly doubled my XMR stake since I joined the MEW. I need to double my initial throwdown. Thanks for the reminder, UnicornFarts.

(Now there is a sentence I never expected to type.)

UnicornFarts

full member

Activity: 154

Merit: 100

Quote

Solid post, agreed on all points I have an opinion on (That is, everything except the Truckcoin/Hyperstake remark. Don't know anything about those.)

EDIT: Unless 'consolation' is supposed to mean 'gloating'... but I don't think it was intended like that.

No. Not gloating. Why would I gloat? I think many people don't take into account that it's probably harder to make the same % as a whale than a little guy. There is some consolation / security in that this can't be a dump profiting whales because there's been such a high price from (almost) the beginning. So they're stuck right here with us little guys Tongue

oda.krell

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Activity: 1470

Merit: 1007

Quote from: UnicornFarts on October 28, 2014, 11:00:03 AM

Quote

But that's because I was not cautious and listened to some ultra bullish members of the community and bought the hype. That's my problem not the dev's.

The big consolation I get is that the whales are losing more money than the small guys. And they have less of an escape route. We saw what happened when one whale (MintPal) dumped.

I've sent 5% donations to the devs quietly and plan on sending more. If whales want to help this is how - not the hype. Building a virtual reality to live his kingdom fantasies in 2d world revolved around Monero is kinda cute. I don't really see it harming or helping the coin much.

I kinda have a problem that one of the core team members / whale sidekicks is working on a borderline scam project Truckcoin/Hyperstake. The 750% is bad enough but using an old coin to pump in order to pull off insider trading just ... smells bad.

Monero is still the only altcoin out there worth jack**** and maybe boolberry. Thank you devs for what you do. I'll be donating more soon.

Solid post, agreed on all points I have an opinion on (That is, everything except the Truckcoin/Hyperstake remark. Don't know anything about those.)

EDIT: Unless 'consolation' is supposed to mean 'gloating'... but I don't think it was intended like that.

UnicornFarts

full member

Activity: 154

Merit: 100

Quote

Your allegations simply "Does Not Compute".
Hyperstake is ~~FUN~~ having the shit pumped out of it. If you followed it and knew the community, you would know that.

Have you looked at how much dough the people who owned TruckCoin before it became hyperstake made? At the expense of the late adopters? This was a calculated effort to monotarize turning a shitcoin into an almost legit one and it was all built around insider information and ~~fun~~ pumping.

I didn't take your assessment of losing money of Monero as in any way backing up my personal opinions.

papa_lazzarou

hero member

Activity: 649

Merit: 500

Quote from: UnicornFarts on October 28, 2014, 11:00:03 AM

The big consolation I get is that the whales are losing more money than the small guys. And they have less of an escape route. We saw what happened when one whale (MintPal) dumped.

I've sent 5% donations to the devs quietly and plan on sending more. If whales want to help this is how - not the hype. Building a virtual reality to live his kingdom fantasies in 2d world revolved around Monero is kinda cute. I don't really see it harming or helping the coin much.

I kinda have a problem that one of the core team members / whale sidekicks is working on a borderline scam project Truckcoin/Hyperstake. The 750% is bad enough but using an old coin to pump in order to pull off insider trading just ... smells bad.

Monero is still the only altcoin out there worth jack**** and maybe boolberry. Thank you devs for what you do. I'll be donating more soon.

I wanna distance myself from several assertions here.

First, there is no consolation in seeing others losing money. I was the one who made the wrong decisions not them.
Fortunately, no one should be losing money. That only happens if one were to make the mistake to sell now. Actually he would be losing both fiat and real money.

Finally, David has always been kind and helpful to me and others. Your allegations simply "Does Not Compute".
Hyperstake is FUN. If you followed it and knew the community, you would know that.

UnicornFarts

full member

Activity: 154

Merit: 100

Quote

But that's because I was not cautious and listened to some ultra bullish members of the community and bought the hype. That's my problem not the dev's.

The big consolation I get is that the whales are losing more money than the small guys. And they have less of an escape route. We saw what happened when one whale (MintPal) dumped.

I've sent 5% donations to the devs quietly and plan on sending more. If whales want to help this is how - not the hype. Building a virtual reality to live his kingdom fantasies in 2d world revolved around Monero is kinda cute. I don't really see it harming or helping the coin much.

I kinda have a problem that one of the core team members / whale sidekicks is working on a borderline scam project Truckcoin/Hyperstake. The 750% is bad enough but using an old coin to pump in order to pull off insider trading just ... smells bad.

Monero is still the only altcoin out there worth jack**** and maybe boolberry. Thank you devs for what you do. I'll be donating more soon.

papa_lazzarou

hero member

Activity: 649

Merit: 500

Quote from: pandacoin on October 28, 2014, 10:31:48 AM

Last 3 months are big disappointment for me. Still no official GUI, price always drops, no hype, no community support. Missives didn't effect well to the price.

I'm getting a bit tired of this complaining.

Would you rather have an official GUI and have the coin die in six months due to a core full of holes?

Time and again the devs have said they would give priority to security flaws, QoS and other core functionality.

Chill out people. The team is doing the world a big favor working on this project. What have YOU (complainers) done?

PS: I'm not happy about the price either. But that's because I was not cautious and listened to some ultra bullish members of the community and bought the hype. That's my problem not the dev's.

pandacoin

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Activity: 1554

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Last 3 months are big disappointment for me. Still no official GUI, price always drops, no hype, no community support. Missives didn't effect well to the price.

TrueCryptonaire

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Activity: 1092

Merit: 1000

Quote from: saddambitcoin on October 28, 2014, 09:18:16 AM

Quote from: nutildah on October 27, 2014, 08:24:49 PM

Quote from: saddambitcoin on October 27, 2014, 05:28:33 PM

i have been reducing my average cost quite nicely. i speculate there must be some big news in the upcoming missive.

Holy cow you must be sitting on a massive loss by this point. I mean, just going by all the other times you've said you were adding to your position, and every single one of those times was at a price higher than it is now.

my average buy is in the 0.003's.

fundamentals of monero have not changed, active development and other projects are still ahead, so i don't feel bad picking up more XMR at these low prices.

Do not pick them all though. Leave me some delicious slices of the pie, too. Cheesy

saddambitcoin

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Activity: 1610

Merit: 1004

Quote from: nutildah on October 27, 2014, 08:24:49 PM

Quote from: saddambitcoin on October 27, 2014, 05:28:33 PM

i have been reducing my average cost quite nicely. i speculate there must be some big news in the upcoming missive.

Holy cow you must be sitting on a massive loss by this point. I mean, just going by all the other times you've said you were adding to your position, and every single one of those times was at a price higher than it is now.

my average buy is in the 0.003's.

fundamentals of monero have not changed, active development and other projects are still ahead, so i don't feel bad picking up more XMR at these low prices.

Topic: [XMR] Monero Speculation - page 2130. (Read 3314596 times)