Topic: [XMR] Monero Speculation - page 972. (Read 3314350 times)

QFT

OK, I'm long Baby!

Lets do this, will check back in when I'm back from Casino.


Wish me luck Guys.

Wow! you risked everything on margin to make half of a bitcoin and then you BRAG about it? You better re-evaluate your risk/reward ratio!

BTC up 3% alts down 10% ? Really ? Who normal would do that ?

 

You see. Even if you are successful in the little way for others, people gonna hate you.

Pity is free. Envy has to be earned. so good job!

Has always been like that, but its new for some newbies here.

Interesting, I guess every "XMR fanboy" here has made way more money then you with XMR. With less stress, less typing on forums, making new accounts and invested time.
Just to mention it, that you do not really impress anybody here money wise. But do not let me demotivate you, go on, you need some more better trades and some years to have the same profit. 

Well that was not very surprising lol, btw: i feel really good now


xmr traders are really stupid, they fall for the same traps over and over again, if you bought xmr above 0.011 recently you deserved to lose money

I guess what we will see now is panic buys followed by dumps over and over again, this can continue pretty low, maybe down to 0.008 this time. With time more and more holders will be desperate to get out and hence any major increases in price is unlikely now(I have a stop at 0.0104 in the case i am wrong).

There is 2 types of xmr investors, fanboys and realists, fanboys are the ones losing money currently while realists has made a lot of money by shorting or simply taking profits by selling when the price is above 0.011

BTC 24h bottom to top +4-5%
XMR 24h bottom to top 110- 95 -15%

https://s18.postimg.org/x7m22mzjd/XMR.jpg

The price drops because bitcoin rises.
Some people tend to FOMO in the beginning of the rise of bitcoin. Later when it is time to diversify and alts are beaten in terms of bitcoin, the large bitcoiners tend to diversify their assets to other currencies, that's the point where Monero will rise (LTC rose from cents to 40 usd in 2013).

Maybe this coin needs an own thread "Monero Fighting/Hating".

It's really to much Fanboy/Realists bitch fighting present here.

This Thread is for speculation.

I think this week will be again painful for XMR. Again a weekend with dropping prices. Next week zcash is coming. BTC is also very strong.

I'm pretty unsure about the XMR GUI.

1)
To release a beta GUI could be good. I think so because new's could/will probably compare zcash with monero and it will be said "XMR has no GUI" even if both coins have the same type of java GUI available. Most COIN sites are usually not very exact because they are invested by themselves. But it is still fact that both coins have the same type of GUI and zcash advertisments will have (positive) side effects for XMR too.

2)
BUT: A Beta GUI could also used against XMR like "they only a a buggy beta. In the past problem x and y occured so better stay away!"

For me the 2 is the worse. Moreover a beta would bring XMR not to a new ATH like many here are hoping. A mix of reasons will be responsible for a new ATH (if it will ever happen)

So I think the best for XMR is to release a perfect and good looking final GUI.

This could be used after the zcash launch when the hype is over (the first 1-4 Weeks).
A final GUI is also just more elegant to read in the new headliner, instead of "XMR releases their beta GUI".
That could imply that this project is not stable or in an early state. Moreover: Since the price dropped so hard, a news about the beta will be always refered with "the coin who lost over 50% value in 1 month"...in 4 weeks it's hopefully stable.
And since i'm here I recognized that these communites have a lot of irrational people I assume zcash has the same type of community.
They will just repeat over and over again "XMR has only a buggy beta GUI" -doesn't matter if its buggy or not. And doesn't matter that even they don't have one official.

But anyway, the price is and will be under pressure.

Looks like it works. Now I was able to set the bids at the prices I am willing to take from the dumpers.
I wonder how come Poloniex is such a clumsy site to trade. It takes almost eternity to set orders to the markets.

No.

Bitcoin Unlimited relies on the cost of orphan blocks to create a fee market for the blocksize. This is based on the work of Peter R. Rizun https://www.bitcoinunlimited.info/resources/feemarket.pdf. The key conclusion in Peter R. Rizun's work is that the cost of increasing the blocksize is proportional to the block reward. R. The trouble with this is that if R = 0 or becomes very small then there is no cost to increasing the blocksize, and no incentive for miners to secure the coin. It is exactly the same problem as using the Cryptonote / Monero adaptive blocksize limit without a tail emission, as is for example the case in Bytecoin. The penalty is also proportional to R so without a tail emission there is no cost to increasing the blocksize and no incentive for the miners to secure the coin. The Orphan Block market is of course also present in Monero in addition to the adaptive blocksize limit.

The advantage of the Monero approach, in addition to the tail emission, is that there is a fee market to control the blocksize well before the blockchain is taken to the orphan block limit. The Bitcoin inflation rate will fall below that of Monero withing 12 years, so tail emission is not a far in the future issue. Bytecoin may also provide an early indication of this failure ironically because the Bytecoin ninja / pre-mine accelerated the Bytecoin emission curve by two years. This is why I prefer to think of Bytecoin as the "canary in the coal mine" as opposed to the "scam in the ninja / pre-mine".

Edit: The question of how will the POW be secured after the block reward runs out was never answered in the original Bitcoin design, and this omission lies at the heart of the "blocksize" issue in Bitcoin. This omission is also present in most POW coins with Monero and Dogecoin as significant exceptions.

Hehe don't say that the Fanboys will hate you.



 

Revision:
Short hold...
Gain goal: +10.2% (after costs)

He is very active on reddit... as he always has been. He is more a redditor than a forum habitant :p

By the way, did anybody see americanpegasus for a while 

You are just a mindsick person, read this in the PoloBox:


Defenitely a mental disorder

This seems to be one of those bets you can only lose.