Bitcoin Forum
May 24, 2024, 10:51:17 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 [112] 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 »
2221  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: March 09, 2015, 01:43:10 PM
we can go down to floors .009 & .008
meet mr. blue line and fatten on bacon
then we float up up up

BUT

would be very nice if we don't break 0.01  Cool Cool

Yes.
If it goes sub 0.01, we will be on very thin ice.
On the other hand, the longer we are able to keep these levels, the stronger bottom this becomes and the sellers will feel exhausted as the turtle has a covering.

Now it is recommended to start preparing bitcoin purchases as it might go high (at least bitcoin looks strong now since it is not rising too fast).
UNO has very good chance to get a bubble once bitcoin goes to the bubble and the gamblers enter to the markets like it happened late 2013. The mentality is that I can make leveraged profits from buying these alts and once the gamblers buy them, they are self-fulfilling their prophecy and the bubble is even bigger in altcoins.
UNO being this scarce has better opportunities to have probably the highest bubble as there is not that plenty of coins available.
2222  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: March 09, 2015, 12:45:16 PM
Now we need buying pressure to the markets to show some strength to the bears.
They need to be made regret for letting their precious UNOs loose from their weak hands.

These are the levels it is urgent to be a buyer. You will be happy in a few months.
Also bitcoins are now a good place to be since chances are bitcoin the long bear market in bitcoin has turned.
UNO will largely benefit from high bitcoin prices since a lot of bitcoin adopters who are coming to the wave late want to get as large share of bitcoin as possible and it might create a bubble to altcoins, UNO especially since it is pretty easy to create a bubble to a coin that is this scarce.
2223  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 09, 2015, 11:44:01 AM
The challenge now is to get Monero as many hands as possible.
As people get even tiny bit of Monero, they might get interested in the coin and some of them do research and see the opportunity here and start hoarding the coin.
I like the fact that there is a channel for fiat to Moneros (https://www.moneroclub.com/offers/)
If you are the only trader in your community, chances are you are able to charge nice premiums.
This channel should be marketed IMO somehow to crypto-virgins.
They do not need btc but they can directly access to Monero. Bitcoin in this case makes things just more complex.
2224  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 08, 2015, 09:24:52 PM
There need to be incentives to buy and HODL the coin.

The incentive is pretty clear to me, currently there is no coin like Monero, with Bitcoin it will change financial history forever, furthermore its a work in progress so even if you consider only what is still to be delivered (DB, GUI, openbaazar, etc) there is cleary lot to gain from holding. Long term or nothing.

Yes for us who are Monero-bulls.

However, there are people who do not share our view yet and they need to join into the Crypto revolution.
2225  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 08, 2015, 04:58:32 PM
Create a bitcoin wallet that auto washes with XMR on every purchase through Polo API. Send small fee to DEV account for every transaction.

that would mean that all dirty btc transactions would go through my hands.

i dont know how polo reacts if they see "dirty coins". one of the reasons i like monero so much is that i dont need to think about taint.

but: if there is anybody with enough btc/xmr who doesnt care if his bitcoins are tainted i can certainly develop it.

what i like is that this would also help monero devs (i'd split the fees 50/50 in this case)

No, what that would mean is a bitcoin wallet that is setup for it's own account (better secure it: although it should not contain much at any one time anyway) on polo that will auto buy xmr and then sell that xmr and then send the bought BTC. The Fee structure is your own thing.

Those using this wallet do not even have to know what XMR is. I recommend a fee added for the DEV fund for obvious reasons and you can take a cut as well as polo getting their cut by the sell/buy transaction. If you make enough dough feel free to toss me some.

What is the point of this?
I do not quite get what does Monero benefit for such activity... Monero needs demand, not pumping and dumping on exchange back and forth.
Demand for Monero comes only and only from the fact that Monero offers everybody something.
For gamer it already offers Risto's game, but now it is only thing Monero has and for most people it doesn't offer anything currenntly.
There need to be incentives to buy and HODL the coin.
Hodling Moneros is the only thing it will ever reach any serious value. Bitcoin's success is based on the fact that it is not spent mostly but holded. Only a fraction of bitcoins are "on the move" and vast majority is in cold storages waiting for higher prices.

Let's create incentives for holding the coin and then it is pretty much it. There is no limit how high the price can go if people have reason to hold the coins.
One reason could be saving and investing like I suggested. I am sure there are plenty of more but that saving and investing is something that might open floodgates for Monero.
2226  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 08, 2015, 03:27:50 PM
i'd love to see something like just-dice from someone trusted.
sadly my country forbids me to make it (or use it)
Fuck gambling. Create something useful to the general public with Monero. Alot of people would be happy to help you.
Exactly.
Creating things that are in this world will help also adoption from this world.
Investment trust that creates demand for Moneros and holds the coins is something Monero could reach this goal.

Mining business could indeed be one of that kind, and with the idea of paying dividend after holding some time the coin so that it also prevents the dump.

We should not be focused in too much "niche" but more general stuff. I do not have exact plan how to do such things at least yet but just idea. I am by personality very idea-rich guy... Implementing the ideas is my weakness.  Embarrassed
2227  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 08, 2015, 12:51:02 PM
Is there any way possible to organize a dividend paying assets for Monero economy?

Crypto Kingdom gold (CKG) paid 3,986 on 430,000 market price last week (0.93% per week). In addition it's been rising in value.

If you are interested in getting Moneros back 1:1, then the Long bond (1 year) was about 1.33% per week when last auctioned. The shorter-term bonds have been paying about 2.73%/week.

Hmm... But I am not interested in playing game but only get passive income to MyMonero-wallet, is it possible to do it like that?
I am interested in getting actual Moneros back (not any ingame currency since I am not so much into playing games but making Moneros)  Grin but I would love to "lease out" some Moneros for residual income.


You have to understand that there needs to be a productive economy (in this case: the game) from whose profits the dividends/interest is paid. The only option is a ponzi, and if you especially want to lose your coins, I am sure that someone can help you.

CK does not require you to "play" the game, but if you think you could get passive income at zero risk, you could as well go back to sleep. Zero risk is dreaming in 100% of the circumstances.

Risks are in various levels.
For instance, it is very unlikely that US governement goes bankcrupt, therefore their Treasure Bills are considered as a "risk free" interest rate. However, it is possible that black swan event occur. However, I would not bet on that since the odds are heavily against me.

Then there is derivatives that possibly has the highest risks(?) among the assets classes if they are used for speculation purposes.

Between these are many other assets, rental properties, other gov. bonds, stocks and CK-bond.

The rental properties have relatively low risk, but indeed they have more risk than US T-bills. However you can invest in REITs in US stock exchange and get residual income, and this has proven to be pretty stable in some REITs.
If this type of asset is created to Monero economy and imemdiately the REIT receives the cash-flow, it is converted to XMR and stored for a while and then paid as dividend, it creates some holding period for Moneros even if the owner of REIT share dumps the XMR at the moment he gets the dividend, so it is "postponing" some of the dumping... And of course like mining coins, some share holders will not dump but have faith in XMR and holds it (or part of it).

The idea is to attract the old-farts to Monero economy. They usually have some nice piles of cash sitting idle.  Grin They are not that interested in gambling with odds of 75 % to lose all their investment but with 95 % to get some residual income.

I might be wrong with this idea, but I have a gut-feeling the old money understands this type of investing more than direct bets on Moner's success.
This should be taken as an idea of developing Monero economy and this idea can be rejected or developed further.
My idea is to try to figure out how to increase the demand for Monero and holding of the coin. There is still way too much dumping which need to be stopped so that the bull-trend can start.
2228  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 08, 2015, 12:13:48 PM
Is there any way possible to organize a dividend paying assets for Monero economy?

Crypto Kingdom gold (CKG) paid 3,986 on 430,000 market price last week (0.93% per week). In addition it's been rising in value.

If you are interested in getting Moneros back 1:1, then the Long bond (1 year) was about 1.33% per week when last auctioned. The shorter-term bonds have been paying about 2.73%/week.

Hmm... But I am not interested in playing game but only get passive income to MyMonero-wallet, is it possible to do it like that?
I am interested in getting actual Moneros back (not any ingame currency since I am not so much into playing games but making Moneros)  Grin but I would love to "lease out" some Moneros for residual income.
2229  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 08, 2015, 11:35:19 AM
Is there any way possible to organize a dividend paying assets for Monero economy?
I prefer creating passive income for myself and I would be interested in that type of investment vehicle (however it would be organized).
I am sure there are plenty of other people who think in the same way, too. This could also bring investors that are not normally interested in gambling with the success of Monero.

For instance, there could be Monero denominated IPO and with that money the created corporation buys different (fiat denominated) assets that are safe and brings cashflow (such as real estates with premium-cashflow) and then pays dividends in Moneros for instance monthly/quarterly.
This creates some transactional demand for Monero since fiat income need to be converted into Monero, also there could be some holding period for those who want to dump the moneros back to fiat... Holding is something that brings the value for the currency anyway. Personally I could increase my Monero stack with this way and I would not be dumping at least even if the cashflow is on frequent basis (but I am not that sure if others think like I do).
2230  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 08, 2015, 09:03:02 AM
Looks like the buy-support is back here.  Roll Eyes

...Aaaand it is gone.
2231  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Banx Shares - Bitcoin profits paid monthly on: March 08, 2015, 03:35:43 AM
I did not read the whole thread since there is way too many pages.
If I keep the Banx shares in exchange, will the dividends be paid or is it necessary to download the wallet to my P.C.?
2232  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: March 08, 2015, 03:10:22 AM
Someone is selling 102 UNO at 0.015.
I think we need some dynamite on that bad boy.  Grin

2233  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 08, 2015, 03:07:22 AM
There are plenty for sale. 40btc worth under the previous high 24 hours after hitting it.

40 btc is plenty?

I guess it depends on the scale you have in mind but I don't really consider that a deep market.


That's just what's under yesterdays high already. No need to try and put words in my mouth. The idea put forward is that there are very little for sale. That's just not true, ~250 btc's worth to just over 0.002 .



Now we really need OTC markets to clean all these coins from the exchange into stronger hands.  Grin
2234  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 08, 2015, 01:46:33 AM
I think Monero might get adaption among the crypto community if we manage to get this coin among top 10 Cryptos...
At least Monero is paid attention then.
2235  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: March 08, 2015, 01:40:11 AM
UNO lacks now buyers...
I set some supports but someone should start buying it (I am not going to do it this time since I have been buying enough from sell-orders).
I think I will change my strategy to supportative instead of attactive. I will try to support the price instead of bidding it higher.
2236  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 08, 2015, 01:36:58 AM
There are plenty for sale. 40btc worth under the previous high 24 hours after hitting it.

40 btc is plenty?

I guess it depends on the scale you have in mind but I don't really consider that a deep market.


It is plenty. There is very rarely people who market-buys 40 btc's worth of coins.
Usually the walls in Monero is like 1000-2000 xmr (~ 2-4 btc), sometimes the whales might put a hyperwall of more like 100 btc worth of Moneros.
2237  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5 on: March 08, 2015, 12:25:20 AM
tee hee . . . and this one:

"What is your vision for the future of cryptocurrencies, and where do you think unobtanium will stand?"



My personal view:
There is a need for a couple of cryptos.
There is a need for a coin that is used mainly on day-to-day basis (bitcoin).
There is a need for a coin that is used mainly for anonymity (such as Monero)
There is a need for a coin that is used mainly for storing value (UNO).

Then the completely other world is the applications of blockchain technology (like Etherum).

These are the future in my opinion (I might be biased since I own all of them except Etherum).
I think in the very long run (what ever this is) all those three coins will be extremely valuable. They serve unique purposes and they all have their own niche.
Yes, bitcoin might make it. There is a lot of promotion in the mainstream media about bitcoin currently at least in my own country Finland that chances are Bitcoin will become bigger and more significiant.
As bitcoiners who wish anonymity realizes that bitcoin doesn't give it, they might run to the best anon coins (like Monero).
Those who want to save money needs something that holds value and has a little inflation. They will flood towards Unobtanium.
I think out of these UNO might give the best ROI in the long run because it has designed to give ROI.  Grin
2238  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 07, 2015, 10:29:42 PM
I think those who wanted to take the profits of fast 60 % rise have sold more or less already.
Soon might be time to do the thing with 0.002, hopefully for good and forever.

Thats the hope, gonna take a fair few btc to do it though.

Risto is complaining there is very little Moneros for sale... At least you can find some coins now pretty close to the spot without too much slippage.  Wink

For OTC traders this is like a wet dream come true: You can charge 20 % premium on Moneros and you get larger amounts even without a huge slippage.
2239  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 07, 2015, 10:21:31 PM
I think those who wanted to take the profits of fast 60 % rise have sold more or less already.
Soon might be time to do the thing with 0.002, hopefully for good and forever.
2240  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: March 07, 2015, 10:02:23 PM

rpietila and his clients are certainly a buying (now) force in the xmr market, but why people like you keep suggesting he is the only one?

Because people follow him. He's like a market maker.

Ill break down exactly what Im SPECULATING is happening. LET ME MAKE IT CLEAR ALSO THAT THIS IS IN NO WAY A DIG AT RISTO, I LIKE HIM.

He announces the price will now rise. Not a hard predicition to make when your going to start buying. Begins buying along with the other people who see announcement. Price rises and everyones frothing at the mouth about how great of a prediction it was adding credability to what he says. The hubris takes us up to around December high. He realises he's the only one really buying still. (at this point lots of people are selling for 60%+ profit). Then comes on here and announces Im bearish for such and such a reason to explain why the price then drops because hes stopped buying. Anouncing Im bearish also makes the people who blindly follow then sell, adding to the drop and again adding credibility to what he says.
 My point is its not hard to predict the market when your making the majority of buys and then letting it fall when you stop.
Im not saying he's the only one at all but certainly the main one hence why now he's stopped buying it will go back down. I'd love to be proved wrong, please everyone buy it up lets break the December high without Ristos buying but in my opinion its not going to happen soon.

You pretty much nailed it.
That's why I am here trying to brainstorm more ways to add demand for Monero.
It should not rely on only Risto's friends (do not get me wrong, it is good to have them aboard, too) but we need more demand and take more market share from places that are even out of our reach currently.
Pages: « 1 ... 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 [112] 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!