first and foremost, I would like to thank Risto (rpietila) for providing the liquidity that myself and my group of investors needed to dump at good prices. His spiel about low prices - even though the same logic has been applicable for 7 months or 210 days - gave us the liquidity catalyst to liquidate holdings near our cost basis.
can everyone with buy orders in the .0010 range move your bid orders up a bit higher, I'm trying to form a syndicate bid with a bigger buy wall closer to the International Best Bid Best Offer
I can take out the order at .0017 if someone else fills the order at .00161 , judging conviction before I start filling heavily. I can take out the higher ask because this is still below my cost basis.
no comment needed fifth I would like to thank the syndicate bidders for their patience, everyone that actually replied (via PM) to my numerous posts about forming syndicate bid knows who they are. a) none of them were taken out b) I was forming that before Risto's pump and before missive rumors started. Go look, that wasn't my first post about the syndicate bid doesnt change the fact that you are a lier. so no thanks: not interested in you "syndicate" How? Nobody filled .00161 , that wasn't my order, I sold deep into the bids, you probably got a partial fill from me. I judged the strength of Risto's pump, set a target, saw that there wasn't any strength. Some people use charts to see their arbitrary breakout patterns, I look specifically at the orders. Anybody can print a higher price on a chart, take a screenshot and say look my technical analysis is coming true. But to judge continuation in the trend you have to see how the orders are acting. The missive had nothing to help with the rally or with Monero's potentially new found attention, and I decided that there isn't a reason holding this right now. When Risto disappear's I can't sell. If someone did fill that order at .00161 I would have still filled the order at .0017 and kept the rally going. But it fizzled because it was bullshit, just Risto so ultimately, my group is getting better returns in other assets in more established markets (not crypto!). Monero is still on the radar but it turns out that we can unlink our transactions whenever we want without needing to hold thousands of monero in the meantime. When we want to do that, we'll pick up some more Monero , no matter where it is in development or exchange rate. Can you elaborate a bit more on the bolded part? I don't really get what you are saying here. I'm saying that the database bullshit isn't going to be available for a long time, a GUI isn't going to be available for a long time, many people don't want to use mymonero.com as a web wallet. MyMonero and other projects simply sidetrack the core developers and so if I actually want to USE monero for financial privacy, I can still do that whenever I want to, but I don't need to speculate on it. A lot of people had hoped this rally would coincide with a missive that contained software updates making monero more usable, but it did not. |
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I do not believe that a guy like you has any substantial amount under management. People who do are not dumb egotrippers who brag about a scam-trade in sort of some emmy-receiving speech-way. They would've kept it quiet and moved on. Keeping themselves able to form a real syndicate the next time. You are nothing more than a mincy little internet troll with maybe a 5 figure bankroll scrambled from some friends and relatives and acting like the new prodigy of investing. You got screwed out of money by some people smarter than you and this is how you reconstruct ego.
The Monero trade was 5 figures, yes. Monero volume over the last couple days does not translate into a decent 6 figure sum by any estimate. So naturally, my contribution in this volume would be less. As would Risto and his arbitrary amount of assets under management The point of me talking about it actually isn't arbitrary either. It is to reveal Risto's solo contribution to the price action. It reveals that people should expect liquidity to dry up when he and only he gets bored. It is to let the price naturally gravitate back down to .001 so I can accumulate there again if I feel inclined to do so, instead of at .0014 , it is to point out the realization that there is no aggregate market force supporting the current price, just Risto. It is for other larger holders to contemplate dumping while the liquidity is there instead keeping their ask orders high above the bid. This asset is still worth .0010 just like it was a month ago. You expect people to listen to you after all your bullshit? You are an ordinary troll - it seems not even a smart one. Lets just move on. Cognitive Dissonance Those buy walls were twice the size yesterday. Looks like I'm pretty good at this. I don't care if you can trade or not, you are missing the point entirely. You came here asking for bid support and claiming you will buy higher to help the market because you will still have better cost average - and then you simply dumped and abandoned all. There is not much more to say - good luck to guys forming the next syndicate with you. Calling you a scammer after this isn't far from the truth. directly correlated to the lack of bid support or newcomer interest at all to support a rally. I know exactly where the syndicate bid will be. Those bids were not part of mine. So you have to think of it more like this narrative "hello? hello? well fuck you guys, SELL" nobody answered the call, my syndicate is ORGANIZED not just some random bids placed in the middle of whatever Risto is doing. |
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I do not believe that a guy like you has any substantial amount under management. People who do are not dumb egotrippers who brag about a scam-trade in sort of some emmy-receiving speech-way. They would've kept it quiet and moved on. Keeping themselves able to form a real syndicate the next time. You are nothing more than a mincy little internet troll with maybe a 5 figure bankroll scrambled from some friends and relatives and acting like the new prodigy of investing. You got screwed out of money by some people smarter than you and this is how you reconstruct ego.
The Monero trade was 5 figures, yes. Monero volume over the last couple days does not translate into a decent 6 figure sum by any estimate. So naturally, my contribution in this volume would be less. As would Risto and his arbitrary amount of assets under management The point of me talking about it actually isn't arbitrary either. It is to reveal Risto's solo contribution to the price action. It reveals that people should expect liquidity to dry up when he and only he gets bored. It is to let the price naturally gravitate back down to .001 so I can accumulate there again if I feel inclined to do so, instead of at .0014 , it is to point out the realization that there is no aggregate market force supporting the current price, just Risto. It is for other larger holders to contemplate dumping while the liquidity is there instead keeping their ask orders high above the bid. This asset is still worth .0010 just like it was a month ago. You expect people to listen to you after all your bullshit? You are an ordinary troll - it seems not even a smart one. Lets just move on. Cognitive dissonance Those buy walls were twice the size yesterday. Looks like I'm pretty good at this. The people here contemplating their Monero trades aren't thinking "the person that sold at a loss is a troll", they are thinking "maybe I'll get stuck in this again like he was" "maybe I should lower my ask" "maybe I don't want to add to my position because then I won't be able to sell easily" These are truths whether I say them or not. |
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I do not believe that a guy like you has any substantial amount under management. People who do are not dumb egotrippers who brag about a scam-trade in sort of some emmy-receiving speech-way. They would've kept it quiet and moved on. Keeping themselves able to form a real syndicate the next time. You are nothing more than a mincy little internet troll with maybe a 5 figure bankroll scrambled from some friends and relatives and acting like the new prodigy of investing. You got screwed out of money by some people smarter than you and this is how you reconstruct ego.
The Monero trade was 5 figures, yes. Monero volume over the last couple days does not translate into a decent 6 figure sum by any estimate. So naturally, my contribution in this volume would be less. As would Risto and his arbitrary amount of assets under management The point of me talking about it actually isn't arbitrary either. It is to reveal Risto's solo contribution to the price action. It reveals that people should expect liquidity to dry up when he and only he gets bored. It is to let the price naturally gravitate back down to .001 so I can accumulate there again if I feel inclined to do so, instead of at .0014 , it is to point out the realization that there is no aggregate market force supporting the current price, just Risto. It is for other larger holders to contemplate dumping while the liquidity is there instead keeping their ask orders high above the bid. This asset is still worth .0010 just like it was a month ago. |
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I've said enough. As have you. This has been a good conversation. Ttyl.
You not replying to my syndicate bid PM actually was part of my decision to sell. I realized that the people that owned enough bitcoin to make a difference in this rally weren't interested or were not coordinating with Risto or anything. And if they were coordinating with Risto and not me, then we were all too fragmented to have a rally, because one of us would inevitable sell first or simply remove liquidity and it would tank from small miners selling. My syndicate participants, Risto, and you, are enough to hold the prices up and make markets. If we really had any conviction and agreed on a value |
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first and foremost, I would like to thank Risto (rpietila) for providing the liquidity that myself and my group of investors needed to dump at good prices. His spiel about low prices - even though the same logic has been applicable for 7 months or 210 days - gave us the liquidity catalyst to liquidate holdings near our cost basis.
can everyone with buy orders in the .0010 range move your bid orders up a bit higher, I'm trying to form a syndicate bid with a bigger buy wall closer to the International Best Bid Best Offer
I can take out the order at .0017 if someone else fills the order at .00161 , judging conviction before I start filling heavily. I can take out the higher ask because this is still below my cost basis.
no comment needed He was involved in Labcoin (now worth 0), ASICMiner (now worth almost zero), posted about anoncoin (dead) and a bunch of other "cryptoassets." He first starts posting in this thread (XMR) on or before July, 2014. https://bitcointalk.org/index.php?topic=583449.msg8084343#msg8084343So he probably got burned by XMR, too. Understandably, he feels frustrated and wants to pump XMR to make back some money, Sorry dude. I'm not interested in shitcoins or P&D syndicates. I didn't move my bids/asks the first time you asked. I didn't respond to your last pm. Yes, I'm an XMR heavy since Oct/Nov, so I'm not desperate nor am I interested in helping you make $100 or whatever kind of small-time bullshit money you're trying to make. Those were actually all very good trades? I sold the Monero position below my cost basis. It was actually a lot. If Risto disappeared then I couldn't sell without crashing the market. The volume was several hundred bitcoin, the last couple days, and my sells didn't crash the market they were eating up very well. Do you know how I know you're not telling the truth? Because you said "those were all very good trades." There's not a single trader, including Warren Buffett who doesn't make bad calls. The first rule to making your tales of glory sound believable is to add some slight failures. Some hiccups along the way. You need to craft a story with emotional depth that draws the reader in. If you had said "It's true that I lost some money on X, but my gains in Y and Z were 10x my losses on X" then I might actually have a sliver of a doubt that you weren't full of shit. You have a lot to learn if you want to walk the path of the fraudster. But I suggest you turn back now. It will bleed into every aspect of your life, not just business, and ultimately it will lead to misery. But I guess your life may already be miserable. So you figure "Things really can't can't get worse, can they?" They can. Labcoin, ASICMiner and Anoncoin were all good trades. This is what you singled out, from my bitcointalk post history trying to prove some evil you still struggle to find. They weren't bad trades, my life isn't miserable, my investors are happy, I still get to talk about financial stuff and people still listen because I do opportunistically get out of "dead assets". I also told you that I sold Monero below my cost basis, this means "at a loss", that means "not a good call". I'm not even trying to make up tales of glory, except for the eighth time thanking Risto. |
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first and foremost, I would like to thank Risto (rpietila) for providing the liquidity that myself and my group of investors needed to dump at good prices. His spiel about low prices - even though the same logic has been applicable for 7 months or 210 days - gave us the liquidity catalyst to liquidate holdings near our cost basis.
secondly, I would like to thank the operator of Poloniex for their prompt support during a period of high volatility and liquidity, and for raising my bitcoin and monero withdrawal limits
thirdly, I would like to thank fluffypony, smooth et. al for their suspense in releasing the missive, even though it didn't contain anything the market was actually waiting for
fourth, I would like to commend the aforementioned core devs for their surprise decision by committee to release it in audio format, so that the market could not disseminate it fast enough to undermine my selling plans
everybody is free to do what he wants to do, so congratulations for reaching your objectives. funniest thing is that you even see the potential as later posts show but still decide to sell the potential for 33 cents each - I try hard to understand the objectives of these operations but seem to fail. Maybe you can explain them to me  Anyway maybe we are all dead wrong and you are right, or the market stays longer irrational as we stay solvent - I think only time can tell. the reason is lack of conviction from other market participants. I think Monero is worth a lot more, buttt not right now. So when I realized that this thing wasn't going up to my cost basis in Risto's rally. I thought "hm I could sell now and use capital in other places" or be stuck in a position when Risto gets bored. Monero has bounced around to these price levels before, so this time, with the unparalleled liquidity, I decided to hop out. Thanks Risto. Taking the loss also will help my tax situation, offset gains in other assets. |
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Thats why i never buy when big guys recommend  exactly Nobody ever said "Fontas you are a godsend", people try to sell before he does! This is how you should treat Risto, instead of trying to psychoanalyze his [obvious] motives |
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Haha, well congrats stslimited. How much did you manage to avoid losing? Couple of K's? Was that really worth your reputation?
Crypto really is to sleazeballs what those blue lights are to flies.
haha it was a pretty big position, the volume hasn't been 300 bitcoin just because Risto was trading back and forth. so again like I said, thanks to Risto for the liquidity. (I guarantee he was selling too, you could tell by how some of the sell walls acted) You should get mad at the pumper. I'm still doing the syndicate bid when Risto's bs fizzles out, and monero development gets further along in actual consequential usability |
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first and foremost, I would like to thank Risto (rpietila) for providing the liquidity that myself and my group of investors needed to dump at good prices. His spiel about low prices - even though the same logic has been applicable for 7 months or 210 days - gave us the liquidity catalyst to liquidate holdings near our cost basis.
can everyone with buy orders in the .0010 range move your bid orders up a bit higher, I'm trying to form a syndicate bid with a bigger buy wall closer to the International Best Bid Best Offer
I can take out the order at .0017 if someone else fills the order at .00161 , judging conviction before I start filling heavily. I can take out the higher ask because this is still below my cost basis.
no comment needed fifth I would like to thank the syndicate bidders for their patience, everyone that actually replied (via PM) to my numerous posts about forming syndicate bid knows who they are. a) none of them were taken out b) I was forming that before Risto's pump and before missive rumors started. Go look, that wasn't my first post about the syndicate bid doesnt change the fact that you are a lier. so no thanks: not interested in you "syndicate" How? Nobody filled .00161 , that wasn't my order, I sold deep into the bids, you probably got a partial fill from me. I judged the strength of Risto's pump, set a target, saw that there wasn't any strength. Some people use charts to see their arbitrary breakout patterns, I look specifically at the orders. Anybody can print a higher price on a chart, take a screenshot and say look my technical analysis is coming true. But to judge continuation in the trend you have to see how the orders are acting. The missive had nothing to help with the rally or with Monero's potentially new found attention, and I decided that there isn't a reason holding this right now. When Risto disappear's I can't sell. If someone did fill that order at .00161 I would have still filled the order at .0017 and kept the rally going. But it fizzled because it was bullshit, just Risto so ultimately, my group is getting better returns in other assets in more established markets (not crypto!). Monero is still on the radar but it turns out that we can unlink our transactions whenever we want without needing to hold thousands of monero in the meantime. When we want to do that, we'll pick up some more Monero , no matter where it is in development or exchange rate. |
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first and foremost, I would like to thank Risto (rpietila) for providing the liquidity that myself and my group of investors needed to dump at good prices. His spiel about low prices - even though the same logic has been applicable for 7 months or 210 days - gave us the liquidity catalyst to liquidate holdings near our cost basis.
can everyone with buy orders in the .0010 range move your bid orders up a bit higher, I'm trying to form a syndicate bid with a bigger buy wall closer to the International Best Bid Best Offer
I can take out the order at .0017 if someone else fills the order at .00161 , judging conviction before I start filling heavily. I can take out the higher ask because this is still below my cost basis.
no comment needed He was involved in Labcoin (now worth 0), ASICMiner (now worth almost zero), posted about anoncoin (dead) and a bunch of other "cryptoassets." He first starts posting in this thread (XMR) on or before July, 2014. https://bitcointalk.org/index.php?topic=583449.msg8084343#msg8084343So he probably got burned by XMR, too. Understandably, he feels frustrated and wants to pump XMR to make back some money, Sorry dude. I'm not interested in shitcoins or P&D syndicates. I didn't move my bids/asks the first time you asked. I didn't respond to your last pm. Yes, I'm an XMR heavy since Oct/Nov, so I'm not desperate nor am I interested in helping you make $100 or whatever kind of small-time bullshit money you're trying to make. Those were actually all very good trades? I sold the Monero position below my cost basis. It was actually a lot. If Risto disappeared then I couldn't sell without crashing the market. The volume was several hundred bitcoin, the last couple days, and my sells didn't crash the market, they were eaten up very well. |
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first and foremost, I would like to thank Risto (rpietila) for providing the liquidity that myself and my group of investors needed to dump at good prices. His spiel about low prices - even though the same logic has been applicable for 7 months or 210 days - gave us the liquidity catalyst to liquidate holdings near our cost basis.
can everyone with buy orders in the .0010 range move your bid orders up a bit higher, I'm trying to form a syndicate bid with a bigger buy wall closer to the International Best Bid Best Offer
I can take out the order at .0017 if someone else fills the order at .00161 , judging conviction before I start filling heavily. I can take out the higher ask because this is still below my cost basis.
no comment needed fifth I would like to thank the syndicate bidders for their patience, everyone that actually replied (via PM) to my numerous posts about forming syndicate bid knows who they are. a) none of them were taken out b) I was forming that before Risto's pump and before missive rumors started. Go look, that wasn't my first post about the syndicate bid |
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first and foremost, I would like to thank Risto (rpietila) for providing the liquidity that myself and my group of investors needed to dump at good prices. His spiel about low prices - even though the same logic has been applicable for 7 months or 210 days - gave us the liquidity catalyst to liquidate holdings near our cost basis.
secondly, I would like to thank the operator of Poloniex for their prompt support during a period of high volatility and liquidity, and for raising my bitcoin and monero withdrawal limits
thirdly, I would like to thank fluffypony, smooth et. al for their suspense in releasing the missive, even though it didn't contain anything the market was actually waiting for
fourth, I would like to commend the aforementioned core devs for their surprise decision by committee to release it in audio format, so that the market could not disseminate it fast enough to undermine my selling plans
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first and foremost, I would like to thank Risto for providing the liquidity that myself and my group of investors needed to dump at good prices
secondly, I would like to thank the operator of Poloniex for their prompt support during a period of high volatility and liquidity, and for raising my bitcoin and monero withdrawal limits
thirdly, I would like to thank fluffypony, smooth et. al for their suspense in releasing the missive, even though it didn't contain anything the market was actually waiting for
fourth, I would like to commend the aforementioned core devs for their surprise decision by committee to release the missive in audio format, so that the market could not disseminate it fast enough to undermine my selling plans
fifth I would like to thank the syndicate bidders for their patience, Risto's pump came out of nowhere and wasn't related to our syndicate bid. PM if interested in the syndicate. When there is actual production code released that increases Monero's utility, that is when investor awareness and a market rise will be rational. Not when Risto starts making things up.
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Price is at 0014 and falling. Looks like everyone has secured their positions after RP's announcement, and have returned to watching and waiting.
my question to rpietila is: Why announce that you are buying $100K worth (or 300-400K XMR) at a higher price than now when that same amount has been bought in the past few days? What kind of clients would give you money knowing that information? not meaning to be rude here, but just wondering... you guys are noobs at this why even question it, as if this is some altruistic honesty game? fun fact: practically all US financial regulation was created because the savvy investors in new york were taking advantage of the unsophisticated farmers in the midwest. it's really surprising to me that this shit still works "Hey this person talk about money alot he must know what he's talking about, I should listen to everything he says like it's gospel" |
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I don't think there will be any serious resistance until we reach 0.002-0.003.
Most early XMR adopters are still underwater until that point, and after holding on to their losses for so long, they are not easily shaken.
There will likely be some profit takers from the long period of accumulation at <0.0015. Also, increasing price will create resistance from more miner selling (likely in the same sort of price range you suggest). If the price doubles the daily coins mined grows to around 10K USD. We don't know how much capital is actively stacked up trying to get in but 10K/day or 300K/month vs. 5K and 150K could be a very significant difference. Even now, sustaining the price single-handedly would take quite a bit of capital: $240/BTC * .0015 BTC/XMR * 17000 XMR emitted / DAY * 180 DAYS = 1.10 million dollars Of course, it won't be single-handed. The market is quick to recognize a sustained uptrend, especially when other competitors such as LTC, BTS, DOGE, PPC, NMC remain in brutal bear trends. When one alt turns around, be it Ripple or Darkcoin, all eyes move to it, and the money follows. Others pile on. I think it will take far less than 1.1 million dollars to move the price up several multiples once the greater cryptocurrency community finally sees what XMR is. If you ask them today about privacy-coins, they can only name Darkcoin and Zerocoin, and they don't know the difference between them. They don't know what's going on. But they're going to find out. If there's one thing that speaks, it's money. but Monero will need the added utility by that point in time to keep people in it. for all these newcomers, if they ever come, the blockchain will still be in memory, mymonero.com will still need plenty of explaining to people and bounce a bunch of potential users |
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I saw that, is that really it? I needed to confirm that the price is going up over this ? Everyone has their own view-key of "inconsequential stuff," but the price is Risto's endeavor, not a reaction to any great breakthrough in the DB or a shiny new GUI or any other major announcement. But I thought you knew that, so I'm confused as to why you are confused. But maybe you'll be confused why I'm confused to as why you're confused and we'll create a really confused rip in space-time--which would be pretty kick ass if you ask me. Not DB related and Not GUI related? Then no rational price rise. my conclusion exactly. |
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summary of the missive? I don't want to listen to some people drone on and on unprofessionally about some mundane esoteric mess
I need a succinct outline. don't like surprises.
For 10 monero I will provide you with a summary. 41nAXFnYwhyDgWt2KAy1XFeZyDUWktkhGDA774NyY9qc1jg4MPH33oLD4tBMnQwVmMcktaUFMcKdJTW dkqRyrVXHNh88QUa ok sent. |
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summary of the missive? I don't want to listen to some people drone on and on unprofessionally about some mundane esoteric mess
I need a succinct outline. don't like surprises.
I like Ginger and Fluffy's chemistry, but anyway.... Nice new missives. Cliffnotes: - NEW WEBSITE! www.getmonero.org (monero.cc redirects to it) - MRL-0004 (Improving Obfuscation in the Cryptonote Protocol) ( http://lab.monero.cc/pubs/MRL-0004.pdf): Mixins: low-mixins can result in a cascading reduction in privacy. XMR will be moving very soon to a minimum mixin of 2. the reason mixin-0 is allowed in the first place is because mixin-0 is useful for sending dust. the solution in MRL-0004 is for mixin-0 to be allowed under special circumstances. these circumstances include a) when the transaction is dust, and b) when the transaction won't create new dust. thus, these specially-allowed transactions will gradually remove dust from the system. eventually the minimum mixin will be mixin-4. increasing the minimum mixin is considered critical in improving cryptonote. temporal-association: in XMR, there's an age-based association problem where observers can tell how old coins are when they're spent due to the way that outputs are chosen for mixing. ideally, it should not be easy to do this. people might panic if very old coins are moving, as would be the case if satoshi started moving coins from 2009. this is not critical but being worked on as well. - design and research goals: http://getmonero.org/design-goals/ not a timeline, but it shows what must come before what. So you can't be bothered to peruse ONE PAGE and see the thing you are asking for. You're like my dad yelling for the hat that's on his head. "Where's my hat! ARRRRR!" I saw that, is that really it? I needed to confirm that the price is going up over this inconsequential stuff? |
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summary of the missive? I don't want to listen to some people drone on and on unprofessionally about some mundane esoteric mess
I need a succinct outline. don't like surprises.
For 10 monero I will provide you with a summary. 41nAXFnYwhyDgWt2KAy1XFeZyDUWktkhGDA774NyY9qc1jg4MPH33oLD4tBMnQwVmMcktaUFMcKdJTW dkqRyrVXHNh88QUa failed to decode address also invalid payment id, both simplewallet and mymonero said this try again? |
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