Author

Topic: [XMR] Monero Speculation - page 2131. (Read 3313076 times)

legendary
Activity: 1267
Merit: 1000
October 28, 2014, 05:21:01 PM
This is turning out to be one wild roller coaster ride.
Gonna need a couple of barf bags before this is over.
hero member
Activity: 649
Merit: 500
October 28, 2014, 04:57:46 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
donator
Activity: 1722
Merit: 1036
October 28, 2014, 04:55:43 PM
 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%! Smiley
legendary
Activity: 2968
Merit: 1198
October 28, 2014, 04:51:19 PM
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.

legendary
Activity: 3108
Merit: 1531
yes
October 28, 2014, 03:52:08 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
October 28, 2014, 03:49:59 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.
legendary
Activity: 3108
Merit: 1531
yes
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.
sr. member
Activity: 364
Merit: 250
October 28, 2014, 03:35:30 PM
 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.)
full member
Activity: 154
Merit: 100
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
legendary
Activity: 1470
Merit: 1007
October 28, 2014, 02:29:47 PM
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.
full member
Activity: 154
Merit: 100
October 28, 2014, 12:16:38 PM
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.
hero member
Activity: 649
Merit: 500
October 28, 2014, 12:12:39 PM

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.
full member
Activity: 154
Merit: 100
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.
hero member
Activity: 649
Merit: 500
October 28, 2014, 10:53:50 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.
legendary
Activity: 1554
Merit: 1000
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.
legendary
Activity: 1092
Merit: 1000
October 28, 2014, 09:20:05 AM
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 Tongue
legendary
Activity: 1610
Merit: 1004
October 28, 2014, 09:18:16 AM
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.

legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
October 28, 2014, 03:37:21 AM
Maybe a large buyer with insider info on the missive to come?
Oh boy, I hope this missive will contain visible things for the average holder. We really need those  Undecided

There is no significant update for long time. We need something tangible such as per kB based transaction fee. I wonder why it is so difficult to implement.


IIRC last week they said it's going into testing phase. I really hoped it will be released .. yesterday, but this time the Missive seems to be missing/late. I still think/hope to see per kB fee live this week.
sr. member
Activity: 434
Merit: 250
October 28, 2014, 03:31:06 AM
Maybe a large buyer with insider info on the missive to come?
Oh boy, I hope this missive will contain visible things for the average holder. We really need those  Undecided

There is no significant update for long time. We need something tangible such as per kB based transaction fee. I wonder why it is so difficult to implement.
full member
Activity: 199
Merit: 100
October 28, 2014, 02:18:54 AM
Maybe a large buyer with insider info on the missive to come?
Oh boy, I hope this missive will contain visible things for the average holder. We really need those  Undecided

i'm guessing/hoping for a webwallet...

Would be uber cool!
Without anything practical we will probably keep diving further.

yea I have big hopes for this monday uppdate, the selling seems to have slowed down also.

Been hitting the uppdate button on the main thread alot for the last hour.  Smiley
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