Shorting monero == financial desaster? Well if you remember correct I shorted XMR after AlphaBay's implementation and the following hype. The Bitcoins I made with that are nowadays worth more than 9 Million dollars. Shorting is good it brings liquidity and attention to a market.
Didn't TheKoziTwo pay you to leave and never return? |
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Yeah - I sent the BTG from Coinomi to Bittrex and even with passport etc, I could still only take out up to 0.4 BTC a day. Yuk! Really? Are you enhanced? I've got like a 100 BTC limit. I only got to first level. I didn't see upper level even after I sent passport, maybe they didn't like my passport pic! |
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So is it virtual USD?
It's real KRW and unless you can open a Korean bank account, and you can't, you don't get to play with it. Ok, thanks, I get it. There must be some looking to find a way at this rate differential, though. |
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WTF is the deal with these korean exchanges, are they a new hub for chinese money or something like that?
No one outside Korea can get fiat in or out. South Koreans probably aren't the biggest fans of Chinese people either. This Chinese proxy thing is a myth IMO. The reason Korean exchanges act like China is because they operate like China. And I think the Korean authorities will pull another China themselves fairly soon. So is it virtual USD? Edit: I mean I see prices quoted in USD, but is it actually Won? |
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WTF is the deal with these korean exchanges, are they a new hub for chinese money or something like that?
That's the theory, yeah. We are seeing prices in Australia and Korea getting wildly out of line. Both countries are highly educated, wealthy and agressive early adopters of tech. Starting to think they are the tip of the arrow. What is weird is that there is a what, $6000 arb opportunity - and no one is taking it. It's the biggest arb I have seen in BTC. Bithumb is at $22,500 USD. Jeez. |
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Where is Adam? the original thread opener..
I remember the frenzy when we got to 10.000 pages for this thread, and we wanted the same for the price in usd
Tell him we are about to make it!!! Maybe tomorrow at this pace.
Adam's mantra was always '32K guaranteed' it doesn't seem that crazy now.... |
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I did try it, but Chartbuddy was all I could see most of the time. Good to see you here again Richy. It's pretty much as anarchic as ever.
I do miss the atmosphere here. It's a bit srs bsns on the big-blocker side of the fence. I just can't frequent here on the regular in good conscience but I'll stick my head back in once in a while  I am sure you'll be most welcome by more than a few here. Big Blockers get a hard time, yep - it's pretty much heavily pro-Core of course, but it's still fun and all and sundry drop in and pretty much all points of view exist, as they probably should - although the ignore button is still an occasionally welcome option  |
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Well look who the cat dragged in. Greetings.
We've missed you and Buddy. Buddy must look a lot different with today's prices.
I guess I should head over there more often and see how you, Buddy an Adam are doing. My bad.
Hopefully we're all a lot richer. Cheers.
Unfortunately, the wall observer thread over there never really caught on well and has pretty much stalled out since August. I'm considering other Chartbuddy options to keep him going but he's there more as a placeholder these days. I did try it, but Chartbuddy was all I could see most of the time. Good to see you here again Richy. It's pretty much as anarchic as ever. |
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A bigger problem though is transaction clearing time, I just moved a bit to buy some equipment before end of year (tax deductible and I need this stuff) and it still hasn't confirmed.
If this keeps up I may have to use Litecoin.
Mempool is growing bigtime. Make sure to include a good fee for quick confirmation. https://jochen-hoenicke.de/queue/#24hI have 2 fairly large transactions totally stuck - even though I put them through as 'fast' by believing my BTC Core wallet's advice. Nothing confirmed for hours - what fees actually WORK right now - anyone recommend a site to suggest accurate fee requirements? Feeling very stupid... Not the same, but fees, man! I tried to use embeded shapeshift in coinomi to dump some BCH yesterday. Fees >$150. wtf. Tried the embeded changelly. >$80. So I still have the BCH... Probably send it to polo eventually. Just send to an exchange, works fine - I just did it with BTC Gold, simple and not too pricey to do... I only have poloniex for alts, so limited there. And now is NOT the time to try to sign up at an exchange. Let alone try to log on  I suppose I should check what Kraken, Bitfinex, Bitstamp trade. I haven't used any of them in ages. Almost got a bittrex account a few months ago, but the user agreement scared me away. Yeah - I sent the BTG from Coinomi to Bittrex and even with passport etc, I could still only take out up to 0.4 BTC a day. Yuk! Polo isn't so bad, but getting to a decent withdrawal level takes ages - glad I did it ages back. Basic was $2,500 a day. Next level is $25k, which I suddenly realised today is not enough for a couple of BTC of course - it's easy to forget how much a bunch of Monero, let alone a couple of BTC has changed in value so fast. |
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A bigger problem though is transaction clearing time, I just moved a bit to buy some equipment before end of year (tax deductible and I need this stuff) and it still hasn't confirmed.
If this keeps up I may have to use Litecoin.
Mempool is growing bigtime. Make sure to include a good fee for quick confirmation. https://jochen-hoenicke.de/queue/#24hI have 2 fairly large transactions totally stuck - even though I put them through as 'fast' by believing my BTC Core wallet's advice. Nothing confirmed for hours - what fees actually WORK right now - anyone recommend a site to suggest accurate fee requirements? Feeling very stupid... Not the same, but fees, man! I tried to use embeded shapeshift in coinomi to dump some BCH yesterday. Fees >$150. wtf. Tried the embeded changelly. >$80. So I still have the BCH... Probably send it to polo eventually. Just send to an exchange, works fine - I just did it with BTC Gold, simple and not too pricey to do... |
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I will insert my dick in a toaster if BTC touches 15K
most unwise, how is your dick Dotto? I just tried it. I did find that it only hurts if you leave it in with the toaster on. I would advise against that, you're right it is most unwise. |
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The technology of money is not strained,
But falleth like the gentle rain,
And oft doth rise to crash again,
In market moves that stress the brain.
-- Wm. "Monero, Monero, wherefore art thou Monero" Shakespeare.
You're mixing your plays, Sir! The M of V / R & J - but he always worth quoting, so you're forgiven Edit: Maybe it should have been "20 billion, or not 20 billion. That is the question" |
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Over 19k on Korean exchanges.
You beat me to it. It does mean that BTC somewhere is finally trading at a number over the page count here on the WO. If it wasn't before the sun was over the yard arm, I would raise a glass to the thread right now. |
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Nothing confirmed for hours - what fees actually WORK right now - anyone recommend a site to suggest accurate fee requirements?
I've been paying around 280sat/byte, and they've been flying through today. I sent one too low, trusting the Core wallet 'suggestion', then sent one at 'fast' level - still no joy. Then I tried sent some of the unspent change at 271sat /byte to unlock it. Read somewhere that worked. You live and learn, eh? I will now go and meditate for a few hours and try not to be overly concerned. In other news - I note Bithumb in Korea is over 19k. Jeez. |
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A bigger problem though is transaction clearing time, I just moved a bit to buy some equipment before end of year (tax deductible and I need this stuff) and it still hasn't confirmed.
If this keeps up I may have to use Litecoin.
Mempool is growing bigtime. Make sure to include a good fee for quick confirmation. https://jochen-hoenicke.de/queue/#24hI have 2 fairly large transactions totally stuck - even though I put them through as 'fast' by believing my BTC Core wallet's advice. Nothing confirmed for hours - what fees actually WORK right now - anyone recommend a site to suggest accurate fee requirements? Feeling very stupid... I use https://bitcoinfees.earn.com/Looks like it's a heafty fee to get the job done quick Yeah - I just sent some of the unspent change over with a 271 / byte tx fee in the hope it would unlock the previous transactions with a tempting fee, but it still looks grim for the lot - no confs on that either!. I could have it all stuck for days. I reckon it's a risk to send anything under 300 sats / b at this rate - steady as you go with trying to send any BTC around, you could be waiting a long time! |
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A bigger problem though is transaction clearing time, I just moved a bit to buy some equipment before end of year (tax deductible and I need this stuff) and it still hasn't confirmed.
If this keeps up I may have to use Litecoin.
Mempool is growing bigtime. Make sure to include a good fee for quick confirmation. https://jochen-hoenicke.de/queue/#24hI have 2 fairly large transactions totally stuck - even though I put them through as 'fast' by believing my BTC Core wallet's advice. Nothing confirmed for hours - what fees actually WORK right now - anyone recommend a site to suggest accurate fee requirements? Feeling very stupid... |
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Polo showing the (XMR) 'network iasues' flag on the site again. Looks like it can't take the strain.... Nice looking volume there right now, though and trading seems unaffected. It does presumably mean no one can transfer XMR in though, so maybe they will run out! |
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I think monero might go down until Bitcoin stablises at a price after the CME futures. Monero look sshady for investors.
thats what you think but it will never happen,monero price maybe move little low affecting CME but will recover more bigger that what it loss,because coming year would be altcoins year.for me 2018 is designed for the othe cryptocurrencies to move forward.. Monero is only going UP and Bitcoin is close to its all time high. Basically, Honeypony don't give a shit. |
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Over 0.02 on Polo...
Woohoo!
What'd you do?! It wasn't me, honest! |
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$301 CAD $238 US   What are the chances of me showing up for work in a few hours? Damn it, I said I'd be there. AKK! its still going up. I am supposed to be somewhere else, too - but it's such a lovely green candle. Not seen one like that in a while.. |
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