...
I would gently suggest you leave off playing with leverage!
This would be the first time I've tried margin, I'm pretty sure ETH will slowly die from here on with dead cat bounces of course. Much more certain than what the hell XMR is gonna do!  But I'm still not certain of anything at this point except I haven't been at the Casino in a week and need a fix! Nah really just see this as the only way to increase my holdings for the foreseeable future. Got killed last week. 3 people hit high hands against me for everything. A little painful on the gambling cash.  ...
In theory, XMR is a long-term play with lots of volatility in this low price range. But with a superior gain compared to Bitcoin over the next year or two.
My only stance is that if you are going to play in XMR, then accumulate on dips and hold. This is not a P&D wonder.
If you want to short an alt, you need to be very very selective. I will try to remember to make loud noises again on the next opportunity if I am not busy coding. Lisk and Iota might end up being opportunities, or perhaps ETH if he makes a double-top.
Edit: on any very significant up moves until at least through most of Q3, I would take some profits on XMR (not sell all), because I think we have risk of significant volatility in alts due to contagion coming in general markets as well as the Bitcoin halving.
Yeah, I'm not selling one XMR, I may lose them in a margin to get more but the goal is to increase and hold so we agree on that score. I thought about selling at 42 but decided not to (Guess I'm a dumbass). AFA buying in dips, that I have done and will do again if I can find a way to buy without BTC involvement. I think people need to leave BTC and I'm a man of conviction. Thanks for the info, afa other alts, I feel their cap is to low to consider chancing my XMR on them. Hit me up if you think it's a good time to margin. Your correct more often thean not and if we both agree I'd say thats a good bet. ...
So I was thinking there may be more users like me (I struggled hard but had great help from the community), who would like to support the Monero network but are not that much experienced configuring a Linux server. Therefore I would like to check if there is any interest in extending a fully hosted Monero node:
Can you sign the account for the node over? |
|
|
|
How big is the XMR blockchain?
10 GB on Windows. In the future the blockchain will be encoded in DNA and downloaded to users by sneezing. I figured it would be by procreation as to assure the chains validity for future generations. |
|
|
|
On an aside, I've decided to short ETH with my XMR. What do you guys think would be a good time? And can you close the short at any time during the margin period? I think its going to be a long down trend for Eth now albeit a very long timeline do to the Cap.
Risky. It bounced off $7 as I predicted. I called the top on March 8 or 12 afair. Yes it is as is why I'm asking for input. But without risk there is no reward and it is less riskier I believe than playing XMR market. |
|
|
|
... in short, Xmr really really need to improve, old hype of gimmick anonimity alone will soon fade away. because only few people need superior anonimity, those are Terorist, drug dealer, tax evader, and kid molester and other horrible stuff while ordinary humble religious law abiding citizen only need to able to use their money easily without the hassle of Command line wallet  . yo will need to pimp your wallet that user can use it intuitively.... Wrong as anyone that has had their accounts seized under false pretenses and lost them due to not having those said funds to fight to hold them will attest to. You have no clue do you? And another example is criminal lawyers that get a judgement by default without notice and wait the required time (as little as one year) and then seize victims account and victim has no recourse as they were never notified they had a judgement against them. You really don't know how the world (US anyway) works do you? On an aside, I've decided to short ETH with my XMR. What do you guys think would be a good time? And can you close the short at any time during the margin period? I think its going to be a long down trend for Eth now albeit a very long timeline do to the Cap. |
|
|
|
Yes, it's too bad about the fiat system, but we're hoping to replace it, or at least provide an alternative.... ROTF Dash gives masternodes profit from mining which has increased the number of nodes. Is this something that Monero could do? Why why not?
Lets add a centralizing feature/flaw to a system that is built to be decentralized. Hmmmm....what could go wrong? Maybe we could further exasperate the issue by layering privacy onto those nodes and sell it as a fee for services (shhhh, or some coin will mistakenly think this is a good idea and dupe users/noobs into paying for their developer's/shill's caviar dreams). Sorry, been arguing with d'tards dashers all day. Without being able to validate trustlessly that the nodes aren't owned by one person or one too few, you are forcing an extra layer of centralization onto the coin--the nodes will act as an XMR aggregate that will continually churn coins to those have the most nodes, who buy more nodes to get more fees to buy more nodes to collect fees and so on and so forth. There's enough issues with how do you keep mining decentralized, so adding another problem to solve seems counterproductive. No reason for MN it's easy to make dash anon, just use it to buy XMR. |
|
|
|
BTW this was on windows64 8.1
Looks like you have a virus. Winblows 8.1 !Yes winblows because that's what the poker sites run on. At least I haven't "upraded" to windows 10 despite their constant spamming. I am planning to get an additional computer for other things. |
|
|
|
BTW this was on windows64 8.1
Looks like you have a virus. Winblows 8.1 ! |
|
|
|
Stupid botnet coin will never be worth anything. You need to change algorithm. Nobody serious is going to invest in a network secured by criminals..LOL
You fucking retard, what is better a botnet securing a fungible coin for the masses or one thats ddosing shit? Huh dumbass. And botnets mine BTC as well moron. EDIT: W00ps, guess I should finish reading thread before posting, Ice beat me to it. although for once he's actually showing restraint where as I'm not. |
|
|
|
Didn't you say any topic title with a question mark means NO? Reading thread now. |
|
|
|
2. i bet alot of ppl dont even realize that Monero has infinite max coin. nevertheless im sure the whale who shorting your coin know.
The tail emission rate of monero is lower than inflation. Its under 1% a year. Just 432 monero per day. Its actually a superior feature to bitcoin's continued halvings and eventual reliance on fees alone. Its also critical to the protocol, so that there are always new inputs to use in ring signatures. This is very confusing to simple minds. Any opinions on if there is a bitcoin pump around the halving if Monero will be pegged to bitcoin or fiat?
The more people that learn about BTC the more that find XMR. Take the Long View. Time to start a veto petition. Also if this passes then USA will no longer host companies that protect privacy and will therefore lose another industry. |
|
|
|
...
I see botnets as a net negative for monero for multiple reasons. But the most compelling to me is the ethical angle. Botnets herders are committing privacy violation, theft, and exploitation. I am a "your liberty to swing your fist end at my nose" type of libertarian. Botnet herders are unethical in my opinion.
No-one is disagreeing with this, it's just the lesser of 2 or more evils and it helps secure the chain. No-one is gonna stop botnets on ethical reasons. The way Os's are created and maintained inevitably will lead to them being around for the foreseeable future. |
|
|
|
...
I tend to agree with this post mainly.
However as regards of botnet miners, what is exactly the bad thing about it (besides it makes it harder to mine for average Joe who has all the sympathies of us?). If I am not mistaken, botnets actually benefits the coin as the mining is more diversified as opposed to bitcoin that are mined in a large scale at "mining factories" in Iceland or China....
Lets not forget if the botnets are not mining they are DDoSing. |
|
|
|
My version of a reality check:
TA on Monero:
Yes. It has meaning, but Monero is thinly traded on a single exchange primarily, and it has a fairly small liquid available float and it is tightly held by zealots while some traders duke it out with what's left over to shoot back and forth at each other.
Monero is an alt coin:
Alts are just simply negative EV propositions. Period. Take a look at historical charts for all alt coins. The all look like triple black diamond ski slopes. There are obvious reasons for this. Most alts are scams. All alts are competing with papa bitcoin for value.
Alts are all suffering badly right now.
Look at polo. Its a effing bloodbath.
Moneros dirty little secret is botnet miners.
There are some good arguments to be made for botnets. But there are some unfortunate realities too. One is it is highly profitable for bot shepherds to mine mine mine dump rinse and repeat. Some may like making videos of the dumps with music soundtracks and digs at rich Finns.
All the talk about manipulation etc... Meh. Sure there is some, but the conspiracy theories floating around sound pretty silly to me.
Monero goes up. Monero goes down. Without a fairly lucky black swan type event 'down' is gonna dominate.
I personally think it's worth the risk. I think it is one of the only cryptocurrencies which has a good shot.
cAPS out...
That is no secret and it's never been denied. |
|
|
|
So, how low is this gonna go?
I'd be interested to read some predictions too. I can make this the bottom. I will dump everything I have on polo (you probably won't notice) and that will cause an abrupt increase in price, never to revisit. Are y'all ready for this?! Lol, I hear ya! |
|
|
|
Seriously my man!
It is like: "I prefer buying XMR at 1.45 USD each instead of 1.53 usd.
Right now I would not take the chance the whale(s) decide they have gotten all they can and allow it to triple up so right now it truly is gambling. Although yes if your only investing a few bucks 5% makes no difference, but that is general advice for buying right now as I see it. And you never really know if 25 or 50 really means 25000 or 50000. I hope after all this shakes out those that have been doing this post exactly why it is panning out as we have been seeing. The dynamic has been quite boggling at times. I just hope all the shorters lose their shirts and those lending for dust get burnt by shorters (alt accounts used for just that I would think) that can't make the call. Lets not forget you can have all the anon accounts you want if you are never going to withdraw them so you can setup some real damage with an account you never expect to withdraw from that is just manipulating for your main account. And all the dumb ass lenders get burned when the house of straw catches fire. I would consider lending in this market more gambling then playing the market. |
|
|
|
I do believe in Monero in the longrun, honestly I cant afford to invest alot though. should I see how it goes with say $25 or $50....and what price should I be looking to score XMR at? Sorry for the noob questions <3
Nobody knows. How about investing because it is the right thing to support and you believe in it ideologically. Instead of investing for profit. What ever profit you get, consider that icing. I'm not trying to make a quick buck off of it, hence my "believing" in it, not that it can make me however much money but that it will eventually be a stable currency The only one(s) that can answer that with certainly is the whale(s) and they aren't talking. And even if they did could you trust them? This market is 100% manipulated ATM and the funny thing is it is by such a(?) large entity(s) that they either don't care or want everyone to know that fact. I fucking hate english, hope I wrote this right. Lol If I were you I would put a buy in at 5% below the last week average and just wait until it gets filled and if the order doesn't get filled in a week I'd consider that the floor and buy at market price. But really, No-one can answer your question that you can trust. |
|
|
|
Hey, here's an idea Dumbass. TRY the FUCKING IRC DEV Channel!
Please, don't give that guy that idea (with anyone else, sure though). LOL just -v if (i mean when) he trolls. It'll be Fun! The 89 XMR is simply asshole tax you are being charged by the network.
ROTFLMFAO! Seriously someone help him unload the rest so he's nowhere to be seen anymore. Primer, why don't you just donate that wallet for a bug fix. |
|
|
|
Still no cryptonote? All those fake anon coins and premined scamcoins. LOL Remind me what this exchange is for again? Was it For anonymity? And still no crytptonote? I'm really disappointed and this is why I keep an eye on it through a proxy and have no need to run I2P. And if any Scam Crytonotes are added before XMR (one of the few non scam ones and the obvious leader) you can damn well be sure you will never get any volume. For those of you that don't know the B Y T E C O I N scam. https://bitcointalk.org/index.php?topic=740112.0 |
|
|
|
sweep_dust ?
sweep_dust Sweeping 1.442914014341 for a total fee of 0.170000000000. Is this okay? (Y/Yes/N/No)y Error: transaction <02bb556c411bb81861c09d3aff998908402100bc5415c55c9ab5731c0cb70b9f> was rejected by daemon with status: Failed I've not had these issues before the fork/upgrading to 0.9.3 bins ... Well, there are some other tricks out there... rescan_bc might work there's the tried and true deleting everything with .bin and building from scratch. But I'm just shooting from the hip. What you are describing has been noticed and fixed before, I just don't remember what the underlying issue is or what the exact fix was. Or this is some bug that will be addressed soon. This is a bug and the devs are keeping quiet like bitches. Yes, you don't have 24/7 Volunteer dev support holy fuck this coin sucks!. Hey, here's an idea Dumbass. TRY the FUCKING IRC DEV Channel! |
|
|
|
|
Show Posts
