[XMR] Monero Speculation - page 396.

johnalan

member

Activity: 200

Merit: 47

Quote from: cryptimus prime on January 12, 2018, 06:08:51 AM

What kind of negativity? Grin

On Reddit even some speak about the recent crash we had...
Which crash? Huh

I watched XMR going up from 1 USD to 15 USD and down to 4 USD.
That was a crash! Grin

Meanwhile I love the bearish and consolidation phases, because those prevent a too strong bubble in this too fast developing field. Over all this time I have developed a strange attitude which allows me to relax in the silent or bearish phases, while to strong bullish movements make me anxious.

In this madness of scams and bullshit projects XMR and its community are healthy and a solid rock.

Preach brother.

mnemonicsoup

full member

Activity: 200

Merit: 114

Quote from: cryptimus prime on January 12, 2018, 06:08:51 AM

Over all this time I have developed a strange attitude which allows me to relax in the silent or bearish phases, while to strong bullish movements make me anxious.

Exactly this, I feel just the same.

cryptimus prime

hero member

Activity: 493

Merit: 551

What kind of negativity? Grin

On Reddit even some speak about the recent crash we had...
Which crash? Huh

I watched XMR going up from 1 USD to 15 USD and down to 4 USD.
That was a crash! Grin

Meanwhile I love the bearish and consolidation phases, because those prevent a too strong bubble in this too fast developing field. Over all this time I have developed a strange attitude which allows me to relax in the silent or bearish phases, while to strong bullish movements make me anxious.

In this madness of scams and bullshit projects XMR and its community are healthy and a solid rock.

ozkraut

sr. member

Activity: 522

Merit: 266

Quote from: Anon136 on January 12, 2018, 01:40:27 AM

Quote from: rinus on January 12, 2018, 12:14:10 AM

All this recent negativity just freak me out a bit. It is like the magic 1k gap is getting further and further away

There are no straight path to the moon.

apparently a ballistic curve with the odd bit of turbulence...

fromholland

full member

Activity: 280

Merit: 107

Quote from: rinus on January 12, 2018, 12:14:10 AM

All this recent negativity just freak me out a bit. It is like the magic 1k gap is getting further and further away

All good things come to those who are patient.

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: rinus on January 12, 2018, 12:14:10 AM

All this recent negativity just freak me out a bit. It is like the magic 1k gap is getting further and further away

There are no straight paths to the moon.

rinus

sr. member

Activity: 362

Merit: 258

All this recent negativity just freak me out a bit. It is like the magic 1k gap is getting further and further away

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Anon136 on January 11, 2018, 11:15:21 PM

Bring it grandpa. Let's go.

I don't understand derivatives so they scare me.

I remember something about them and integrals but it made my head hurt. Tongue

Anon136

legendary

Activity: 1722

Merit: 1217

Bring it grandpa. Let's go.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: explorer on January 11, 2018, 10:59:02 PM

Does that turn taming dead animals into a spectator sport?

Lol, you know thats not the point. They are the ones that print the money which in itself cannot hurt crypto directly, but when the futures get manipulated by them and all the sheep get fleeced by it they will not understand that it was not crypto that screwed them but the bankers. People are just plain stupid and he is actually correct, hell remember all the bullshit lies about bitcoin being hacked because of GOX?

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: Hueristic on January 11, 2018, 10:26:19 PM

This guy needs a good slap in the head.

Does that turn taming dead animals into a spectator sport?

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

This guy needs a good slap in the head.

rdp

jr. member

Activity: 38

Merit: 2

Testing 600 bi market cap, if it doesn't resist we will test 400

Billy Bunter

sr. member

Activity: 327

Merit: 252

Quote from: ArticMine on January 11, 2018, 01:08:41 PM

Quote from: Anon136 on January 11, 2018, 12:26:11 AM

South Korea Prepares Bill To Ban Cryptocurrency Trading, Raids Largest Exchanges For Tax Evasion

Countries that have any kind of foreign exchange controls will have no choice but to ban or severely restrict crypto currency trading. This is what happened in China and now in South Korea. Iceland also has very strict rules. Foreign exchange controls are frowned upon by the WTO; however some countries find legal loopholes around this. Monero and Bitcoin have a way of exposing these legal games through otherwise unexplained arbitrage spreads as is currently the case in South Korea. I suggest that foreign exchange controls as opposed to taxation or controlling speculation as the real reason behind the South Korean government move; however I doubt very much that the South Korean government will admit this.

Interesting take on the situation here:

https://np.reddit.com/r/BitcoinMarkets/comments/7pls2r/megathread_korean_bans_crypto_episode_3/dsi8id8/

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: ?? on ??

People ony HODL MONERO but What is it good for?
Only for holding ?

i want pay with MONERO, not only holding in wallet.

https://www.onebitcoinbuy.com/monero-xmr-coin-market-buysell-cryptocurrency.php

Shocked

I convinced my landlord to accept it for rent!

Quote from: ArticMine on January 11, 2018, 01:08:41 PM

Quote from: Anon136 on January 11, 2018, 12:26:11 AM

South Korea Prepares Bill To Ban Cryptocurrency Trading, Raids Largest Exchanges For Tax Evasion

Countries that have any kind of foreign exchange controls will have no choice but to ban or severely restrict crypto currency trading. This is what happened in China and now in South Korea. Iceland also has very strict rules. Foreign exchange controls are frowned upon by the WTO; however some countries find legal loopholes around this. Monero and Bitcoin have a way of exposing these legal games through otherwise unexplained arbitrage spreads as is currently the case in South Korea. I suggest that foreign exchange controls as opposed to taxation or controlling speculation as the real reason behind the South Korean government move; however I doubt very much that the South Korean government will admit this.

Wow, insightful. I suspect you are correct.

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: Anon136 on January 11, 2018, 12:26:11 AM

South Korea Prepares Bill To Ban Cryptocurrency Trading, Raids Largest Exchanges For Tax Evasion

Countries that have any kind of foreign exchange controls will have no choice but to ban or severely restrict crypto currency trading. This is what happened in China and now in South Korea. Iceland also has very strict rules. Foreign exchange controls are frowned upon by the WTO; however some countries find legal loopholes around this. Monero and Bitcoin have a way of exposing these legal games through otherwise unexplained arbitrage spreads as is currently the case in South Korea. I suggest that foreign exchange controls as opposed to taxation or controlling speculation as the real reason behind the South Korean government move; however I doubt very much that the South Korean government will admit this.

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

Their argument before was young people making too much money then turning to deal drugs. lol.

But surely if they buy a house and pay a builder and buy a car and all the rest the money is going into the local economy.

Who is cancelling that?

What's also interesting is how far up a crypto boom could move a nation if they are ahead of other lesser adopters. As the money ripples out from their users.

Febo

legendary

Activity: 2744

Merit: 1288

Quote from: rinus on January 11, 2018, 09:05:14 AM

Does Korea wanna ban crypto completely or just regulate it? I imagine that a complete ban will affect crypto in general no?

When crypto gets used more, it is just more debated. Every Minister have own vision. Prohibiting crypto in any country would be super stupid. Only thing achieved would be lower economic growth. In countries where is low crypto awareness, there cant be talk of baning since there is no talk at all about it.

paratox

full member

Activity: 124

Merit: 100

Quote from: rinus on January 11, 2018, 09:05:14 AM

Does Korea wanna ban crypto completely or just regulate it? I imagine that a complete ban will affect crypto in general no?

It seems, that it was misinterpreted by media. They probably just want stricter KyC/AML regulations (Source)

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: rinus on January 11, 2018, 09:05:14 AM

Does Korea wanna ban crypto completely or just regulate it? I imagine that a complete ban will affect crypto in general no?

They want what every government wants: More control and more, always more, taxes from the slaves. A complete ban would deliver the opposite of that, so IMO clearly NOT the intention. A ban represents an instant and complete loss of control, and a complete cessation of any flow from any already compliant tax donkeys. Not to mention looking incredibly stupid on the world stage.

Topic: [XMR] Monero Speculation - page 396. (Read 3313670 times)