Author

Topic: [XMR] Monero Speculation - page 2153. (Read 3313670 times)

legendary
Activity: 2968
Merit: 1198
September 29, 2014, 02:52:16 PM
So much hate towards Monero. I wonder why is that? hardly a day passes by without you being FUDed, trolled or threatened with an attack. 

Looks to me like fear, thats why I bought in during this.

I don't know about fear. That is attributing an emotional state. But it is clear that Monero is either a threat to someone, thus worthy of trying to damage, or has already harmed someone who is out for revenge. I suspect both.

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
September 29, 2014, 10:47:30 AM
So much hate towards Monero. I wonder why is that? hardly a day passes by without you being FUDed, trolled or threatened with an attack. 

Looks to me like fear, thats why I bought in during this.
legendary
Activity: 1256
Merit: 1009
September 29, 2014, 10:02:42 AM
Quote
What do you call the 25k sell walls a few days ago then? Manipulation happens on both sides.

Indeed it does.  Then a whale was accumulating.  Just seems like I see less manipulation keeping the price down on the orderbooks than I see keeping it up.

Now it seems somebody is holding the price up.   Wish I'd had more than my phone to see what was going on in the lower 300's yesterday (Why can't an exchange make a good mobile friendly option ... ugh).  It looked to me like whoever was holding it up has several smallish volumes selling into him (2500 - 5000 XMR) before things settled down to the bottom of 300.

I think a big dump might take us back to the upper 200's where my current buy order is  Grin  If not price will probably stay close to hear as long as those walls are up unless bitcoin price shoots up.
legendary
Activity: 2268
Merit: 1141
September 29, 2014, 09:57:49 AM
Quote
edit: there is no 100 btc at 003, what are you talking about lol

somebody got cold feet ... down to 33btc  Grin  There was like 70 btc at 301 (I think) then 30 more at 300
What do you call the 25k sell walls a few days ago then? Manipulation happens on both sides.
legendary
Activity: 1256
Merit: 1009
September 29, 2014, 09:16:08 AM
Quote
edit: there is no 100 btc at 003, what are you talking about lol

somebody got cold feet ... down to 33btc  Grin  There was like 70 btc at 301 (I think) then 30 more at 300
legendary
Activity: 1256
Merit: 1009
September 29, 2014, 08:08:53 AM
Next stop 275Ksat.

Anyone wanna guess why. Is it...
 - the bearish market for bitcoin?
 - people waiting to see if BCX threats materialize?
 - the emission, meaning we should just be patient and weather it out?
 - because the core supporters are all way too long in it to continue to give support?
 - is it TRUE?
 - a hellish shitstorm of all of the above?

Next stop is actually 440K satoshis and above.

...

if it wasn't for that 100btc buy wall @ .00300000 we'd be at 250.

hate price manipulation ....  keeps cheap moneros from spreading  Roll Eyes
sr. member
Activity: 644
Merit: 250
September 29, 2014, 07:54:37 AM
So much hate towards Monero. I wonder why is that? hardly a day passes by without you being FUDed, trolled or threatened with an attack. 
hero member
Activity: 538
Merit: 500
September 29, 2014, 05:57:31 AM

Next stop is actually 440K satoshis and above.


https://www.youtube.com/watch?v=I6D6HKQ4i5Y
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
September 26, 2014, 11:17:47 PM
Can someone put everything that happened very briefly for a non computer nerd in laymans term? Is BCN attack legit? what is going to happen? what the hell is this.

Executive summary sir:

There was a threat.

To the extent that the threat was credible, it was mitigated in the code.
During the mitigation, most exchanges stopped transacting with the monero block chain, but kept exchanging openly.
There were some brief DDoS attacks and minor alerts, but no substantial problems

Business as usual resumed shortly after the mitigation work was completed, with some nice enhancements to the code that prevent this sort of threat from reoccurring. 

Lessons learned discussions are still ongoing but at minimum, the enhancements are sufficiently innovative that they may be adopted by all other coins to prevent this type of threat in a distributed fashion.  This is a win for crypto currency in general.

Perfect executive summary.

The fact that the price is still .0034xxx (actually, now .00337xx) makes me wonder if the market is still cautious about the threat.

Seems as though you see it exactly the way I do, which makes me believe I'm seeing it right and the market is just a bit behind or slightly less informed.  I'm sitting here wondering if there is something I am missing, because this price does not make a lot of sense to me.

Guess that means I better buy some more. Edit: I just posted in another thread that by my reckoning, XMR is on a 15-20% discount right now at .00337773.  Just placed a couple of orders, not much below where we are, that I hope will fill.

I was expecting it go back to 0036 today, I'm glad I was wrong, it seems people still waiting for a cheaper entry point.

Once again price correlates with BTC falling. So it's not so obvious if there was actually so much influence of all the latest events and discussions. Everything is OK. It's just bear market. It will change in proper time.

It is tied to BTC it should not fall with it. Deluding yourself is as bad as fud. I picked the wrong time to buy back in. Sad

But at least my Doggies are rallying. Smiley
member
Activity: 94
Merit: 10
September 26, 2014, 05:30:57 AM
Can someone put everything that happened very briefly for a non computer nerd in laymans term? Is BCN attack legit? what is going to happen? what the hell is this.

Executive summary sir:

There was a threat.

To the extent that the threat was credible, it was mitigated in the code.
During the mitigation, most exchanges stopped transacting with the monero block chain, but kept exchanging openly.
There were some brief DDoS attacks and minor alerts, but no substantial problems

Business as usual resumed shortly after the mitigation work was completed, with some nice enhancements to the code that prevent this sort of threat from reoccurring. 

Lessons learned discussions are still ongoing but at minimum, the enhancements are sufficiently innovative that they may be adopted by all other coins to prevent this type of threat in a distributed fashion.  This is a win for crypto currency in general.

Perfect executive summary.

The fact that the price is still .0034xxx (actually, now .00337xx) makes me wonder if the market is still cautious about the threat.

Seems as though you see it exactly the way I do, which makes me believe I'm seeing it right and the market is just a bit behind or slightly less informed.  I'm sitting here wondering if there is something I am missing, because this price does not make a lot of sense to me.

Guess that means I better buy some more. Edit: I just posted in another thread that by my reckoning, XMR is on a 15-20% discount right now at .00337773.  Just placed a couple of orders, not much below where we are, that I hope will fill.

I was expecting it go back to 0036 today, I'm glad I was wrong, it seems people still waiting for a cheaper entry point.

Once again price correlates with BTC falling. So it's not so obvious if there was actually so much influence of all the latest events and discussions. Everything is OK. It's just bear market. It will change in proper time.
legendary
Activity: 2968
Merit: 1198
September 26, 2014, 03:52:29 AM
yeah it's been interesting watching the "post-attack" happenings.
I was expecting to shoot back into the low 004 range, but as it turns out we're still on a slight decline.

It's weird how everything has kind of gone silent, anticlimactic if you will...even the trolls seem to have moved on.

I'll be buying more soon to keep the cost average down in case it dips further in any case.

Are you sure the attack has finished?

"The attack" is simply the ongoing process of people who want to compete for either money or attention on the basis of various forms of exploits and attacks, or threats of the same. It will never be finished, it is just something needs to be dealt with, like cleaning the windows or mowing the lawn.

sr. member
Activity: 462
Merit: 250
September 26, 2014, 03:37:38 AM
yeah it's been interesting watching the "post-attack" happenings.
I was expecting to shoot back into the low 004 range, but as it turns out we're still on a slight decline.

It's weird how everything has kind of gone silent, anticlimactic if you will...even the trolls seem to have moved on.

I'll be buying more soon to keep the cost average down in case it dips further in any case.

Are you sure the attack has finished?
full member
Activity: 333
Merit: 100
September 25, 2014, 10:20:37 PM
Mine, mine, mine, mine!!!!!!
member
Activity: 84
Merit: 10
September 25, 2014, 09:03:22 PM
yeah it's been interesting watching the "post-attack" happenings.
I was expecting to shoot back into the low 004 range, but as it turns out we're still on a slight decline.

It's weird how everything has kind of gone silent, anticlimactic if you will...even the trolls seem to have moved on.

I'll be buying more soon to keep the cost average down in case it dips further in any case.
sr. member
Activity: 364
Merit: 250
September 25, 2014, 08:28:25 PM
Can someone put everything that happened very briefly for a non computer nerd in laymans term? Is BCN attack legit? what is going to happen? what the hell is this.

Executive summary sir:

There was a threat.

To the extent that the threat was credible, it was mitigated in the code.
During the mitigation, most exchanges stopped transacting with the monero block chain, but kept exchanging openly.
There were some brief DDoS attacks and minor alerts, but no substantial problems

Business as usual resumed shortly after the mitigation work was completed, with some nice enhancements to the code that prevent this sort of threat from reoccurring.  

Lessons learned discussions are still ongoing but at minimum, the enhancements are sufficiently innovative that they may be adopted by all other coins to prevent this type of threat in a distributed fashion.  This is a win for crypto currency in general.

Perfect executive summary.

The fact that the price is still .0034xxx (actually, now .00337xx) makes me wonder if the market is still cautious about the threat.

Seems as though you see it exactly the way I do, which makes me believe I'm seeing it right and the market is just a bit behind or slightly less informed.  I'm sitting here wondering if there is something I am missing, because this price does not make a lot of sense to me.

Guess that means I better buy some more. Edit: I just posted in another thread that by my reckoning, XMR is on a 15-20% discount right now at .00337773.  Just placed a couple of orders, not much below where we are, that I hope will fill.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
September 25, 2014, 07:54:58 PM
Can someone put everything that happened very briefly for a non computer nerd in laymans term? Is BCN attack legit? what is going to happen? what the hell is this.

Executive summary sir:

There was a threat.

To the extent that the threat was credible, it was mitigated in the code.
During the mitigation, most exchanges stopped transacting with the monero block chain, but kept exchanging openly.
There were some brief DDoS attacks and minor alerts, but no substantial problems

Business as usual resumed shortly after the mitigation work was completed, with some nice enhancements to the code that prevent this sort of threat from reoccurring. 

Lessons learned discussions are still ongoing but at minimum, the enhancements are sufficiently innovative that they may be adopted by all other coins to prevent this type of threat in a distributed fashion.  This is a win for crypto currency in general.
sr. member
Activity: 364
Merit: 250
September 25, 2014, 07:50:25 PM
Back to speculation...

When will we get back to .0036?  Are people still thinking that this TW is going to materialize?

Personally, I suspect we'll hit .0042 within a week.
legendary
Activity: 2968
Merit: 1198
September 24, 2014, 07:09:17 PM
Excellent analysis from both rdnkjdi and oda.krell.

And what NewLiberty said about fire drill is spot on.

Thanks to all for the insightful comments.



legendary
Activity: 2968
Merit: 1198
September 24, 2014, 07:01:46 PM
Can someone put everything that happened very briefly for a non computer nerd in laymans term? Is BCN attack legit? what is going to happen? what the hell is this.

There has been no evidence of an attack aside from a small amount of anomalous network traffic yesterday that may or may not have been related.

The attack is in the form of a credible threat coupled with an actual DDoS on a major exchange.

We are vigilant and taking actions to mitigate the threat.


legendary
Activity: 868
Merit: 1006
September 24, 2014, 06:58:25 PM
Can someone put everything that happened very briefly for a non computer nerd in laymans term? Is BCN attack legit? what is going to happen? what the hell is this.
Jump to: