so folks, i am curious as to how you all store the bulk of your bitcorns. hardware? paper? offline computer to sign transaction and use an online computer to broadcast? something else??
currently i have the core wallet (same wallet i created late 2011) for day to day stuff. once btc started to gain traction and become more valuable to the point were i wasnt comfortable with that much btc just sitting on a 24/7/365 online rig i sent the bulk of them to paper, where they sat for a few years. last year i swept the paper to a trezor and only reason i swept them was to cash out the free bcashlol.
A ledger and a keepkey. Keepkey sucks though Got my family and g/f to by me two Ledgers for Christmas. Still in their boxes. It was a cool idea though, you know - one and a back up - nice two location total security. But at this rate they will still be in their boxes by next Christmas. It all seemed so urgent in December... Those were the days |
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I have been reporting them. I hope they find a common formula or something that gives away the posts.
He suggested I just report them to the local Mod for passing on - so I don't think they've actually got a system in place yet. It is starting to be needed, but my real fear is that as the tech gets better it will be hellish - but they will have already let the bots in. At the moment it's a post every couple of pages, soon every few posts... Eventually you will strain your eyes wondering which post (if any) is written by a carbon-based life-form! This is just a tiny tiny fraction of a much bigger problem that is coming. https://www.youtube.com/watch?v=JvbHu_bVa_g The machines will intrude into our lives more and more until we don't even know what is real anymore in any of life's domains, until eventually we become irrelevant, and then we will wish for the days that we mattered enough for them to want to intrude  Either way, it get's a lot worse before it gets better, if it ever gets better at all. You're probably right, but in terms of this place, isn't it full of people who are totally into cutting edge technology who might be able to work out a way to mitigate the bot spam before we all get so pissed off we don't bother anymore? I hope Theymos isn't so rich he won't want to fight to keep this sandbox going fro us to play in. We might get into trouble if we can't play safely in here... |
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I have been reporting them. I hope they find a common formula or something that gives away the posts.
He suggested I just report them to the local Mod for passing on - so I don't think they've actually got a system in place yet. It is starting to be needed, but my real fear is that as the tech gets better it will be hellish - but they will have already let the bots in. At the moment it's a post every couple of pages, soon every few posts... Eventually you will strain your eyes wondering which post (if any) is written by a carbon-based life-form! |
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I don't really trade much anymore, I used to margin as it was fun but polo boned me one to many times and I don't trust Bitfinex and Kraken is in USD only and won't take my CC casue I'm not in the right country apparently. So all I usually do now is get BTC and buy XMR with it and try to hit the lows. I use polo until they demand KYC (I'm small potatoes) and Binance now and am looking forward to their decentralized Exchange.
Another bot lifting quotes (Heuristic this time, I think)... I think it is worth trying to report to forum mods, I will try it. Might get some bots deleted... I PM'd Hilariousandco, I know TPTB here do block and ban for plagiarism, not sure what is the bot policy. |
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Is anyone here bullish in USD terms for this year?
For the first time since 2015 I’ve run out of hopium.
It just looks so bleak. 😔
The market was never going to just bottom out and go back up to December levels in a couple of months. That said, this isn't 2014. The amount of awareness, knowledge and infrastructure creation in crypto is huge. There is also a plethora of utterly terrible projects cluttering up the market, too. There must be differentiation in the market, and many projects need to fail, in order that the strong survive and ultimately become trusted and used and therefore attract the capital that is coming in. Long term - very bullish. This week? This month? Not nearly so. For XMR I am still feeling August will be interesting, autumn good. Prices doing another 10x is a way off yet, though. As long as BTC doesn't dive into the slough of despond, it's looking pretty good after the run we had. The market is doing remarkably better than I feared it might as a whole. 18 months ago, I would have laughed at anyone predicting the BTC price that we are looking at now, and today's XMR price would have been a dream come true. Without wishing to patronise, be patient? A dull grind is just how it goes sometimes - it has to. It is a small price to pay for the sunshine days to come. And before too long, they will come. |
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Sorry, Tera - not a 'well-researched' article: 'Case in point, coder Peter Saddington, 35, bought a Lamborghini three years ago for $200,000 with 45 bitcoins' And years ago, the price of a bitcoin was....? |
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Why is it that the best buying dips always seem to happen when I have no access to buying?
Have to say, Jimbo - there have been people here noticing that when you go down South the price action immediately seems to follow in the same direction. There have been mumblings here about having a word with you over your jaunts - for the greater good, naturally. Personally I will be happy just to know when your travel plans are planned enough time in advance...  |
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I'm a bit salty so decided to make some Matzah balls  Matzah balls (Yiddish: קניידלעך kneydlekh pl., singular קניידל kneydl; with numerous other transliterations) or matzo balls are Ashkenazi Jewish soup dumplings made from a mixture of matzah meal, eggs, water, and a fat, such as oil, margarine, or chicken fat. Matzah balls are traditionally served in chicken soup and are a staple food on the Jewish holiday of Passover. The texture of matzah balls may be light or dense, depending on the recipe and the skill of the cook. Enthusiasts classify matzah balls as "floaters" or "sinkers". Ummmm Roach you feeling alright? We're all happy that you finally decided to embrace your heritage but as usual i fail to see how it's relevant to this forum  B...b...b.. relevant or not, at least his fondness for traditional Jewish food and Jewish culture in general is always a source of harmless delight. |
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My last prediction was way off, but I do think we'll see big movement before October. We're deep in the "is anything ever going to happen" phase of the cycle that is reminiscent of last year when the price seemed to perpetually hover around $30.
The general pattern of the XMR market (and all of crypto, really) is long periods of consolidation and false reversals, followed by very brief moments of extreme excitement and massive price increases. I'm confident we're going to see some fireworks (very) soon.
My bet was before end of August. I too feel any buys now will be well-rewarded soon. XMR 2020 was right on the 200 MA. Monero is heading from 'strong buy' into 'insane not to' territory. It's just when the optimal point is reached, I am greedy but I want to buy at the bottom! Of course we aren't the only ones studying it anymore and Monero runs up tend to be rather fast. Best to keep one's eyes peeled. |
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Monetary status is a spontaneously emergent product of human action, not a rational product of human design. Individuals act out of self-interest, and technological possibilities and the economic realities of supply and demand shape the outcome of their actions, providing them with incentives to persist, adapt, change, or innovate. A spontaneous monetary order emerges from these complex interactions; it is not something that is conferred through academic debate, rational planning, or government mandate.
- Saifedean Ammous, Can Bitcoin's Volatility Be Tamed, 2018
With cryptocurrency at approximately 0.4% of the global broad money supply, and it's non-speculative use an infinitesimally smaller percentage of global money velocity, the forces of self-interest meets economic realities have barely begun to confer monetary status to this technology. The short term whims of the market at this stage are meaningless noise that we fit false conclusions retrospectively. I.E. The Texas sharpshooter fallacy. - Economic reality: 20% of the global GDP exists outside the state sanctioned monetary system.
- Technological possibilities: Bitcoin can likely never adopt protocol level fungibility suitable to defend against the state actor level threat models. Monero is the clear leader in this regard, and will continue to be so for the foreseeable future.
- Rational self interest: A large intolerant group will demand payment in private, fungible, digital cash because their life will depend on it.
The spontaneous monetary order that emerges around cryptocurrency will reflect this complex interaction. This is the long term view that the visionaries here anticipate for the Monero project. The price next week? Anybody's guess. The trend however, is encouraging. The return of the bicryptomaximalist... You post very well for a noob. Respect. Merited. |
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I think there might be upwards fun before then, see my thoughts above, but I can't rule 0.06 by October out. It's BTC, as always, that leads the whole market. The inability to get to five figures was obvious and showed a weakness that means more pain is required before really escaping the bear market. The stock market old-timers used to say 'sell in may and go away'... Around a week ago I sold a portion of my BTC trading stash and placed some lowball bids stepping down from 9K which have started to be hit. But my fresh fiat is aimed at XMR. Why XMR? Partly because I sold some late last year and the fiat is currently wasting away in the bank, but mainly because by the autumn I think anything bought now or lower is at at least a 50% discount to what I think we will see by this autumn. It's already looking a steal IMHO. The pain was coming, but if you have cash Monero might just be starting its summer sale. DYOR. |
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We just need to make a pact to not shut down the last miner.
So you have assumed the persona you're accused of.... Ha! Respect. |
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Again I never even mentioned Dash let alone try to persuade anyone of its merits  Dash was all you. Goodness me. Correct. As I said, you attacked Monero - unnecessarily and wrongly. So I called you out on Dash, rightly. It's your mess, old chap - you didn't need to keep digging. Yes I did attack Monero Are you canadian by any chance? You strike me as a canadian type Well how astute a judge you are!  Just as astute as you are at judging cryptocurrencies, it seems! Ah well, that explains it Read the small print? You're a fair way off. But excellent value. |
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Again I never even mentioned Dash let alone try to persuade anyone of its merits Dash was all you. Goodness me. Correct. As I said, you attacked Monero - unnecessarily and wrongly. So I called you out on Dash, rightly. It's your mess, old chap - you didn't need to keep digging. Yes I did attack Monero Are you canadian by any chance? You strike me as a canadian type Well how astute a judge you are! Just as astute as you are at judging cryptocurrencies, it seems! |
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Again I never even mentioned Dash let alone try to persuade anyone of its merits Dash was all you. Goodness me. Correct. As I said, you attacked Monero - unnecessarily and wrongly. So I called you out on Dash, rightly. It's your mess, old chap - you didn't need to keep digging. |
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I try not to do predictions - been wrong to many times before. But...
I might as well try a prediction. I am bored, so I will polish my crystal ball and give it a go.
I hate to say this, but it's not whether .024 holds, it's whether .02 will be breached. Got a feeling it'll be a grim summer.
Whatever we drop to over this summer (July might be brutal) will be at least doubled by the end of August. The snap up will be huge and fast.
I am hoping to see $500 or 0.05 region prices by end of August and a place firmly in the top ten CMC. TA pulled out of my ass, so YMMV - but it's not entirely guesswork. Historic patterns suggest hodl tight, save some powder for the summer dip and be ready to buy if / when there are trolls galore and it looks grim.
Tis not out of the realm of possibilities but unlikely IMHO. AFA Polo, I looked at it's volume a few weeks ago and was totally floored at how low it had become. Ref: Prediction, I hope you're right, as I am a die hard supporter. I just feel we might have some pain coming, but August will be when it all kicks off again. Monero has its cycles and I have faith. Ref: Polo - yep, the discount for the 30,000,000 USD a month players is 'optimistic' when their volume is pitiful compared to what it was. It use to trade huge amounts of BTC - ALTS, and was pretty much at the top for a while, now it's slid way down the list. Shame, I have a soft spot for it and its role in Monero's success. But in crypto things move fast and those that don't adapt, will fade and die. |
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Good grief you really drinking the cool aid. You don't know what shady stuff is going on in the Monero distribution by design. But the cripple mine at launch is well known. So get the fuck outta here with that nonsense. Yes this is a bitcoin thread, so why you guys keep bringing monero into it and obsessing over Dash.
IIRC I think it was you that picked the fight: Monero with its opaque blockchain. You don't know who stealth mined in huge quantities and you trust that there isnt an exploit or bug allowing someone to mint any quantity of XMR they like. You don't have a richlist. You can't analyise the blockchain at all, You assume its all good. Yay. Monero. Its name even means something in esperanto. And it has a wallet now
Just sayin. Since you took the time to look for one of my recent posts , why not look back a few comments further from that post I made and you'll see it was a response to ongoing pollution of this thread by monero commenters. So not something I randomly started after all. So you can get the fuck outta here too with your cherry picking, out of context quotes No one was criticising Dash before you laid into Monero, so what I was driving at was that it's your own fault Dash got a pasting, and obviously upset you. Anyway, life goes on. And I think I will stick around, thanks. Exactly! How on earth is attacking Dash some kind of a defense of Monero ? They are not related. Yet that is the default defense mechanism of the typical moneron for some wierd reason I never mentioned Dash at all, why not attack byteball or bitcoin cash? I also hold some of those. Feel free anything to deflect attention away from the critique of Monero. Attacking Dash is not a defence of Monero, no. And I have neither the desire or need to deflect anything. I just answered your (IMHO, ill-informed) attack with a giggle and a pop as I know you are a Dash fan and a bit 'touchy' about it. It was as unnecessary as your mail was, but just a pop back in kind. I figured you'd dig the hole deeper and I confess quite enjoyed it when you did, but it's run its course. A little advice?: Whether you like it or not, you will have a LOT of trouble persuading anyone here Dash is remotely superior to Monero. You ought to have worked that out even if you don't agree with it. Rant and offense won't change that. But hey, each to their own. Live and let live and all that. So unless you have anything that is not offensive and is worth reading to add, let's leave it at that, eh? Have a nice day. |
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Good grief you really drinking the cool aid. You don't know what shady stuff is going on in the Monero distribution by design. But the cripple mine at launch is well known. So get the fuck outta here with that nonsense. Yes this is a bitcoin thread, so why you guys keep bringing monero into it and obsessing over Dash.
IIRC I think it was you that picked the fight: Monero with its opaque blockchain. You don't know who stealth mined in huge quantities and you trust that there isnt an exploit or bug allowing someone to mint any quantity of XMR they like. You don't have a richlist. You can't analyise the blockchain at all, You assume its all good. Yay. Monero. Its name even means something in esperanto. And it has a wallet now
Just sayin. Since you took the time to look for one of my recent posts , why not look back a few comments further from that post I made and you'll see it was a response to ongoing pollution of this thread by monero commenters. So not something I randomly started after all. So you can get the fuck outta here too with your cherry picking, out of context quotes No one was criticising Dash before you laid into Monero, so what I was driving at was that it's your own fault Dash got a pasting, and obviously upset you. Anyway, life goes on. And I think I will stick around, thanks. |
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Good grief you really drinking the cool aid. You don't know what shady stuff is going on in the Monero distribution by design. But the cripple mine at launch is well known. So get the fuck outta here with that nonsense. Yes this is a bitcoin thread, so why you guys keep bringing monero into it and obsessing over Dash.
IIRC I think it was you that picked the fight: Monero with its opaque blockchain. You don't know who stealth mined in huge quantities and you trust that there isnt an exploit or bug allowing someone to mint any quantity of XMR they like. You don't have a richlist. You can't analyise the blockchain at all, You assume its all good. Yay. Monero. Its name even means something in esperanto. And it has a wallet now
Just sayin. |
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