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2181  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 17, 2015, 02:44:21 PM
Now the daily emission costs around 12 000 usd which is peanuts.

How much are you buying daily?

Why would anyone want to buy daily?  Would you not try to buy the dips?  Or buy when you get paid?

I am buying every now and then.
I do not need to buy any coins. I am buying more to support the coin rather than making money with it. My core position is bought in, but I just want to do my share in this community. I cannot code and I do not have connections like Risto has so my part is to buy a couple of coins to give the markets for the miners and other dumpers. Today I have bought around 100 XMR.
But to comfort you - I am still underwater in terms of bitcoins (and especially in terms of fiat).
2182  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 17, 2015, 02:31:49 PM
2 months ago:
[...] The emission is still pretty high [...]
At that time we had: ~17000 daily emission * 0.30$ = $5,100
And you called it "high"

Now:
[...] At this point the fiat price is so low and the emission in terms of fiat is so slow [...]
We currently have: ~16000 daily emission * 0.80$ = $12,800
And you call it "slow".

Last time I checked, 12,800 is greater than 5,100.
Since you're openly contradicting yourself, I question the entire legitimacy of your posts here. I believe 100% of them are purely self-serving, even if that may harm others reading. That surely harms the S/N ratio here.
The thread is about "speculation", not about "plain contradiction".
Your posts are not serving any other purpose than helping yourself and your current position, so try at least to do that more effectively. Hint: being consistent might help.

Not clear enough?

2 months ago:
[...] The big price increase will take place most likely after 6-12 months from now so we have plenty of time to buy coins until that. [...]

Now:
[...] it is actually quite alarming sign if the price do not move fast. [...]

If you are bitcoin-denominated guy whose major holdings are in bitcoins, the current emission is high. That's still true.

On the other hand if you are fiat-denominated the current emission is low. That is due to the fact that bitcoin doesn't cost 1000 usd these days but 300 usd (give or take).

Being self-serving is absolutely the truth (obviously). I admitted this earlier to you.
I am also one of those internet trolls (I have not said I wasn't).

My way of trolling is not speaking lies but just bringing different perspectives to the table. When the price is depressing, my writings are also depressing (I want to buy low). If the price is on rise, my posts are more euphoric (I want to increase the value of my holdings).
There is ignore-button that you are free to push if you do not want to read my posts.

Still I am thinking the chances are the price will rise to 10 usd (if we exclude possible skyrocketing of btc) at the latter part of this year latter than the early part.
2183  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 17, 2015, 01:24:32 PM
Database issue ready within days? Source: http://getmonero.org/2015/03/16/monero-missive-for-the-week-of-2015-03-16.html
Wow! Amazing.
We are finally ready to take in serious investors.  Smiley

Test builds at first. It getting ready for full release soon shouldn't be a huge surprise since people who have been able to build their own from source have been testing it for months.

Many important pieces of Monero development are falling into place now.


There are tons of coins that are completely abandoned.
Just delivering something concrete is a good sign.
2184  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 17, 2015, 01:09:51 PM
Database issue ready within days? Source: http://getmonero.org/2015/03/16/monero-missive-for-the-week-of-2015-03-16.html
Wow! Amazing.
We are finally ready to take in serious investors.  Smiley
2185  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 17, 2015, 11:12:38 AM
I think the new ATH is realistic during summer and the end of 2015 we might reach the 10 usd/xmr target.

One thing that i learned in this world its that 9 months its a lot of time.. i definitely see this coin on >10USD Range, but its an hell of a jump, dont be lulled into only hopes...
Last week i made my first real world pruchase with BTC/XMR thanks to xmr.to, i realy love the fact that i can be 100% anonymous on that transaction and realy see alot of potencial on this tech, but it will take time, and i hope we all still here when the time comes Smiley

Yes, 9 months is long time in crypto.
In old world it is considered as short term. If you are building a stock portfolio that pays you hefty dividends, it is a process that takes 20+ years in many cases (depending what you consider hefty and how much you can afford to set aside from each paycheck).

Overcoming DRK is quite essential before it is too late.
People do not care so much which tech is superior but there are other more important factors for average Joe. Marketcap is perhaps one of the most important.

2186  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 17, 2015, 11:10:42 AM
I have a feeling we are going to break 300k in the next 24 hours. My buys are posted in preparation for this Cheesy

I hope not. slow rise of 5% per week is better than large daily volatility.

At this point the fiat price is so low and the emission in terms of fiat is so slow that it is actually quite alarming sign if the price do not move fast. When the fiat price is 10 usd a coin and with current emission, I am hoping slower price growth. Now the daily emission costs around 12 000 usd which is peanuts.

Now it is perfect time for starting acquiring Moneros with fiat.
Bitcoin is still low and Monero/BTC ratio is appealing. Realistically I see Monero going to 10 usd/coin this year. Emission is getting slower and slower all the time meanwhile the price is mid term bullish but long term bearish (as long as new ATH is not reached it is somehow bearish IMO).
I think the new ATH is realistic during summer and the end of 2015 we might reach the 10 usd/xmr target.

Fiat denominated hands are actually doing pretty well now as from their perspective the price is ridiculously low.

5% per week is 1264% per year!

Yes.
When the price is this low it is hard to keep the low growth. The low growth comes when the price is high. For instance, until new ATH I would see it very easily going pretty fast without any serious dumps since it is only 3-4 usd/coin and it is kind of psychological barrier that need to overcome. There might start some first more serious selling and the growth rate might fall for a while to 1-2 % per week (this is pure speculation, nothing more nothing less).
2187  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 17, 2015, 10:25:14 AM
I have a feeling we are going to break 300k in the next 24 hours. My buys are posted in preparation for this Cheesy

I hope not. slow rise of 5% per week is better than large daily volatility.

At this point the fiat price is so low and the emission in terms of fiat is so slow that it is actually quite alarming sign if the price do not move fast. When the fiat price is 10 usd a coin and with current emission, I am hoping slower price growth. Now the daily emission costs around 12 000 usd which is peanuts.

Now it is perfect time for starting acquiring Moneros with fiat.
Bitcoin is still low and Monero/BTC ratio is appealing. Realistically I see Monero going to 10 usd/coin this year. Emission is getting slower and slower all the time meanwhile the price is mid term bullish but long term bearish (as long as new ATH is not reached it is somehow bearish IMO).
I think the new ATH is realistic during summer and the end of 2015 we might reach the 10 usd/xmr target.

Fiat denominated hands are actually doing pretty well now as from their perspective the price is ridiculously low.
2188  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 17, 2015, 10:04:10 AM
Indeed it is creeping upwards slowly slowly.
I am glad if I finally end up on the water bitcoinwise - and prefertably even am a bit positive since I have kept my coins tied into this for months already. And, no still not even planning to sell my Moneros for peanuts.
You are able to purchase 10 000 XMR from me at 1000 USD each.
2189  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 17, 2015, 07:30:26 AM
Is there anyone who is on his way to owning 1 000 000 XMR - "Monero Satoshi"?
This type of person owns today 350 000 XMR and is buying more or less frequently as the emission goes on...

I understand that the coin should be distributed as well as possible but 1-2 this type of guys are not hurting Monero especially if they are friendly hands.
2190  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 16, 2015, 09:49:07 PM
It seems hard to go higher than 0.0028 for the moment

24hr High
0.00297500
2191  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 16, 2015, 09:39:00 PM
In a couple of days we should cross 0.003... The longer the crossing takes, the more violent it will be.  Roll Eyes
2192  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: March 16, 2015, 10:54:28 AM
lol. What is wrong with this "trader" on bittrex? Someones' account hacked, amateur or what is this?
Someone try to get price down?



Yes, looks like there is around 3 % arbitrage between Cryptsy and Bittrex..
2193  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 16, 2015, 09:49:48 AM
I have put my trading stack outside of the exchange so they are unfortunately unavailable for people for some time. If you want me to sell some goodies, please pay some paper money from them. Otherwise I am not interested in selling.  Roll Eyes
2194  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 16, 2015, 06:46:46 AM
yeah I'm waiting for the news too before dumping

I guess the buyers are appreciating the dumpers highly these days.  Grin
2195  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 16, 2015, 06:16:35 AM
About 20 % more rise and I am on water (bitcoinwise - not fiat).  Grin
No plans to sell Moneros though since there is a lot of development to be done so it is not a right moment to sell. When everything is basically ready it is time to sell. Until then, it is time for accumulation/holding only.

Have you thought the scenario of someone serious to corner Monero stake? What do you think to the price? Is there enough digits?  Shocked
2196  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: March 16, 2015, 05:20:36 AM
Gekko is a small guy.
He admitted previously he only owns 20 btc.
That's like 6000 usd.  Grin
2197  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: March 15, 2015, 06:05:39 PM
Smash the potatoes - buy UNO.  Grin

https://www.youtube.com/watch?v=lQXSkUd2o1A
2198  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 15, 2015, 06:02:33 PM
Looks like the rally has slowed down a bit.
It is always good if the rally is not too violent. I prefer long term bull market over fast pump and even faster dump (like we have experienced in Monero). I hope this will change and the overall trendline will become bullish and not doing it too fast but in a way that the market can take it without creating a bubble. We will see if this is possible. Usually at some point of the rally the speculators enter to the market and create the bubble.
2199  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 15, 2015, 07:28:45 AM
The good thing is that the more the community members get coins, the more there is incentive to drive the price to the moon.
Monero is soon mined 40 % (assuming 18.4 million will be the max number of coins) so I guess now it starts to be time to kick-ass with power.

New investors are needed especially to eat the coins and helping us to drive the price even higher.  Grin

After the price is driven high, it is time to create more services for Monero (already now can some services be developed, but the higher the price goes to more urgent it will become due to increased demand). Services that accept Moneros also prevents large dumps at least in some extend (why to dump to exchanges when you can dump your coins to the merchants who do not hopefully dump them straight ahead to the exchange on our behalf). We need to create stuff Risto can spend his Moneros on as he told somewhere that his plan is to spend Moneros whenever he needs to do so.  Grin Perhaps a castle renovation service accepting Moneros should be organized.  Grin
2200  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 14, 2015, 09:24:10 PM
Short term pennant looks bullish to me.

Not to mention longer term.
Despite the new ATH hasn't been reached, it looks still a little bullish since some previous highs was broken last week.
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