 https://cryptrader.com/charts/cryptsy/uno/btc1 year $UNO chart. I'm still buying monthly and looking for bargains (like in the 0.008 - 0.012 range). I'd like to see 1% or more market cap from cryptos 50 - 100+ on coin market cap http://coinmarketcap.com get into $UNO and take advantage of its low inflation, community support, and currently low price. It is like hoarding bullion: Immediately after buying some coins you are planning already your next purchase.  Been there, done that. |
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first and foremost, I would like to thank Risto (rpietila) for providing the liquidity that myself and my group of investors needed to dump at good prices. His spiel about low prices - even though the same logic has been applicable for 7 months or 210 days - gave us the liquidity catalyst to liquidate holdings near our cost basis.
can everyone with buy orders in the .0010 range move your bid orders up a bit higher, I'm trying to form a syndicate bid with a bigger buy wall closer to the International Best Bid Best Offer
I can take out the order at .0017 if someone else fills the order at .00161 , judging conviction before I start filling heavily. I can take out the higher ask because this is still below my cost basis.
no comment needed fifth I would like to thank the syndicate bidders for their patience, everyone that actually replied (via PM) to my numerous posts about forming syndicate bid knows who they are. a) none of them were taken out b) I was forming that before Risto's pump and before missive rumors started. Go look, that wasn't my first post about the syndicate bid I could not resist the temptation to post this vid: https://www.youtube.com/watch?v=6P2FB9Mg_YIApparently you have learned the trading skills from Fyrstikken's vids. |
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Do I smell an upcoming pump?  |
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Eventually, as usage increases (and I think it will thanks to XMR.to), people that want to buy something privately will maybe buy 50$ worth of XMR even though their purchase only requires 40$ worth. Sure, this is one person now with 10 XMR off the markets, decreasing supply by a tiny tiny fraction, but this will add up, over time.
And further to make speculation of XMR even more difficult, is that the price of XMR doesn't matter for this use case. If I need to buy 50$ worth of XMR to make a private transaction, it doesn't matter if 50$ buys my 150 XMR or if it buys me 0.001 XMR.
When it comes to the idea of price of Monero goes up if it gets more transactional use, this is false statement. Here is very simple reasoning: You convert 50 usd to xmr and spend them and the merchant dumps the coins back to market => the effect is more or less neutral. If the merchant keeps the coins and do not dump them, then it is obviously very bullish especially if there are lot more merchants deciding to hodl. Hodling is the only thing which gives a value for a coin. Without hodling the coin serves a mere token and cannot reach any significiant prices. The latter part of your message is true - indeed it doesn't matter if you get 0.001 XMR or 150 with 50 usd. Monero will rise in price only and only if more new people enter to the markets long time enough. tl;dr buy uno, amirite? I am forbidden to comment on this. |
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Eventually, as usage increases (and I think it will thanks to XMR.to), people that want to buy something privately will maybe buy 50$ worth of XMR even though their purchase only requires 40$ worth. Sure, this is one person now with 10 XMR off the markets, decreasing supply by a tiny tiny fraction, but this will add up, over time.
And further to make speculation of XMR even more difficult, is that the price of XMR doesn't matter for this use case. If I need to buy 50$ worth of XMR to make a private transaction, it doesn't matter if 50$ buys my 150 XMR or if it buys me 0.001 XMR.
When it comes to the idea of price of Monero goes up if it gets more transactional use, this is false statement. Here is very simple reasoning: You convert 50 usd to xmr and spend them and the merchant dumps the coins back to market => the effect is more or less neutral. If the merchant keeps the coins and do not dump them, then it is obviously very bullish especially if there are lot more merchants deciding to hodl. Hodling is the only thing which gives a value for a coin. Without hodling the coin serves a mere token and cannot reach any significiant prices. The latter part of your message is true - indeed it doesn't matter if you get 0.001 XMR or 150 with 50 usd. Monero will rise in price only and only if more new people enter to the markets long time enough. |
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The browser-based Crypto Kingdom MMORPG is launching very soon. It will be, to my knowledge, the first game in the world that uses a cryptocurrency-based ingame currency (i.e. moneritos). This will likely make the front page of /r/bitcoin (despite /r/bitcoin's anti-altcoin bias) and draw a good amount of attention to XMR. This will happen whether Risto buys XMR or not. XMR is unable to absorb any serious amount of sustained buying pressure. Only a small number of English-speaking readers of 3-4 incredibly long, inaccessible threads on bitcointalk.org have any idea that this is about to happen, even though I'm writing it plainly here.
Depends on what do you mean by serious amounts of buying pressure. I don't remember seeing ever that many coins for sale on Poloniex. In last summer the high points of coins for sale were 280 k coins, now it is constantly over 400 k coins (increase of 1/3). There are plenty of coins for sale, only people who are willing to buy at any price is lacking. Even higher emission can be absorbed if there are enough people entering to the markets who want to buy coins at any price. |
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I think Ristos intention was to give everyone a chance to increase their holdings before his clients enter the market. In the long run a healthy distribution and a healthy community is more worth than watching half of the community cry because they jumped of the train at the first train station.
Maybe I am wrong, and the main pump is already behind us. But maybe i am not.
If this is not a trap, the main pump is over for now. It did not even reach the highs of December's pump. If I am wrong, who knows how high it get. However I doubt Risto is going to increase his holdings. As far as I know he got all the coins he personally want already in summer 2014 (I remember he said this in Poloniex box for us, the trolls) around the time Unobtanium started its long and currently lasting bull market. |
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Trade 67: 25 Uno for .3825 Bic -- discounted Uno.
Let there be Project Hoover!
Looks like there is spring cleaning going on. |
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Wait a second, what is wrong with buying guns and precious metals? Ammo is a great new currency. You got .22's like pennies then you got some 380s, then 9s, go to the 40s and 45s, up to the 223 and 556s. It all scales so well. The guns help me secure my own future without having to rely upon someone else to 'save' me. Sorry. The people in the military have families too, as do cops and such. I don't expect anyone to risk their lives to save my life. Hell, if i got my self into the mess, i should be able to get my self outta it. If not, my own damn fault.
The bigger question is, does it even matter. What the fuck are we to do with that pile of cash anyway?
Nothing is wrong with buying ammos and guns. The only thing I personally do not understand is the fear aspect that some people have (I am not saying anyone here has it but I have seen some Youtube vids that are unrealistically pessimistic in that sense). |
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what the fuck is this doing in the announcement of altcoins , i was expecting to be able to mine a coin named investment poll i got very dissapointed  The idea is to promote Unobtanium - probably the only coin that has been pretty much risen since summer 2014. |
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There is an investment strategist that speaks about "World Dominators"
Google it.
These are great dividend stocks. Intel, wal-mart, Exxon, Cisco, Apple, Microsoft, etc. You may love or hate them, but they are here to stay and grow their dividends. Throw $10k at each of them today. Forget that you own them and then set a reminder in your iPhone for 2045 to check your portfolio. I bet that you'll be pleased with the result.
Intel yes, wal-mart is having problems(I used to do all my shopping there, I only buy diapers there), Exxon went bankrupt once, Cisco=Cia, Apple is going to die without Jobs, Microsoft, Im not so sure, china is replacing the operating system, all it would take to kill them is to find out about NSA backdoors(speculating) If I knew how to use linux, I wouldnt use them(I have Never bought an operating system *I find myself being rather anti-corporation these days and I have no problem disclosing this. *Im not an economist, but a realist.  *I did once own a stocks in utilities, oil and gas, stuff like that. Mutual fund or a Money Market fund, I cant really remember. I had it for 5 years in the mid 90's, I never made a dime on it, but had to pay tax on it and I do believe I lost money on the deal. There are regular risks of business always. Coca Cola feels the pressure from Soda Stream, Microsoft is competing with Apple etc. Picking stocks is actually a hard work and it is not that simple to pick the winner. However, in general I think it-sector will not disappear - rather go forward. The question is always if the current companies can handle the changes in markets. Finland faced this type of change. The pride of Finland was Nokia which basically brought mobile phones to everyone's pockets but then came year 2007 and first iPhone. At one point in 2012 Nokia was close to bankcrupty, now recovered and basically the business is now only with mobile phone networks. Many Finn lost money as Nokia was widely owned by the people. In my opinion, the only right approach for stock investing (not speculating) is to buy stocks that are a little bit boring but generous dividend payers and have a good track record of increasing dividends year after year (and check which company increased the dividends on 2009 and 2010 when the markets were in Armageddon). |
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Without the Oil industry, the american dollar would not longer be needed as the reserve currency. True or False?
Absolutely. It should actually be called the petro-dollar. Google Henry Kisinger and the little meeting that he had with the house of Saud after Nixon closed the gold window in 1971. Very revealing.... If one looks at the bi-lateral currency exchanges being brought into existence, Sino-Russo, Sino-Iran, Russo-Singapore, etc. the dollar's days are clearly numbered. I would not be suprised if the Chinese come out with a gold-backed yuan at some point. They've been buying like crazy! Look out US dollar if they do! That's a possible scenario. However once it happens Yuan becomes so strong that it is basically game over with Chinese exports and time for other countries to export to China. The current success of China is due to artificially low yuan which boosts Chinese production via exports. |
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Economists are all blowhards. The more precise they make their answers, the more incorrect they always are. The FED has no clue what it's doing. We are in unprecedented waters. Google Jim Rickards, read some of his stuff. If you really want to know what's going on in the world go to: http://www.shadowstats.com/John Williams costs $200 / year, but he gives you the straight dope on the US government's "numbers." Highly recommend... bookmarked How many Economists warned us of the 2008 crash? I remember the puppets on the news were telling everyone not to sell their stocks as it crashed hard. Economists are not fortuna tellers. Economists use econometric regression models and they simply extrapolate them so therefore there are bias. Despite it is not economists job to predict the future, people expect the economists to do it. To blame economist for wrong economic prediction is similar than blaming meteoroligist for predicting in a wrong way tomorrow's weather. There is always uncertainity in all predictions. If you are an investor you do not sell your stocks. If you are a speculator and a gambler you sell and buy stocks. It is all about the difference in mindsets. |
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Economists are all blowhards. The more precise they make their answers, the more incorrect they always are. The FED has no clue what it's doing. We are in unprecedented waters. Google Jim Rickards, read some of his stuff. If you really want to know what's going on in the world go to: http://www.shadowstats.com/John Williams costs $200 / year, but he gives you the straight dope on the US government's "numbers." Highly recommend... I am a bit fed up with people seriously fear mongering with hyperinflation while deflation is a threath we need to be afraid of in economy. This site lost the credibility - it is one more of those sites that predicts/suggests hyperinflation to USA. FED can prevent the hyperinflation very easily - just dumping their assets to the markets and thus hoovering the excessive money supply from the markets. Also hyperinflation requires in USA that the people are working. As long as there are people idle but looking for job I am not afraid of inflation. Looks like shadowstats has a political agenda (probably extreme liberal). I agree in many things with the liberals (actually much more than with the leftish wing) but I am not a blind believer of this stuff that I have been hearing years after years (hyperinflation comes, be ready, dig a hole on the ground and buy guns). Can you imagine, some people even do it - Youtube has vids of people doing it. Extreme communism is as bad as extreme liberalism. Both are like religions - blind faith and living in cognitive disonance. |
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Please vote, thanks.  Depends on your strategy. There is no right or wrong answear to this question really. If you love residual income, then buying stocks (which is a part of a company that actually produces some utility) is a good addition to the balanced portfolio. On the other hand, if you want something exciting, then I recommend playing lottery or gambling. Or buying fine art or wines etc |
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While the rise is positive, as always be careful buying at the top of a pump. The books are thin both sides. Speculate for the future but be careful trying to time it to perfection. There will be profit takers all the way up and many more holding bags from a much higher price. *disclaimer, I sold my chunk I bought around 0.001 last week a few hours ago. I firmly beleive Ill have a chance to buy them back again lower than we are now. This of course doesnt include my long term holdings which are coming around to their 1 year anniversary soon Exactly. Never hoard coins on the top of the pump. the problem you are confronted with and when you really believe in a long term success of the project is that you may be confronted with panic buying once the ship really starts moving. if this is the case now - I do not know The time will tell. I still have my Moneros locked in a safe. However I am still concerned the high emission which makes high prices impossible these days. That depends a lot on what you mean by high. Right now we are at about 5000 USD per day or 150K per month. Is there enough money flying around investing in cryptocurrencies to support that? Yes, and far more. Will that amount or more continue to flow into XMR? Very hard to say. Bitcoin has emission of 3600 btc/day and it is in bearish trend (obviously the emission is too high to support rising trendline at given rate of adoption/disadoption. On the other hand, Unobtanium has emission of 15 UNO/day and it has been in the bullish trend since summer 2014. Monero has emission of 16000+ XMR/day and it has bearish trend since summer (lower highs - although the bearish trend was not that obvious back then due to higher lows which were broken, too). When XMR's emission is less than 100 XMR/day I call it low emission coin and it has chances to reach pretty high price with the condition that there are people willing to buy the emission + bail the current owners and future sellers out. |
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However, now the challenge is to withdraw the FED's operations from the markets which they have started. The TV mind-control programming is strong in this one.  The day after they announced the End to QEII, Japan announced their own manipulations on the global economy.  After QEI ended, someone in Brussels started to buy up everything. QE hasn't ended at all, and cannot without a Western world financial collapse. (Doesn't actually mean some equities would collapse, though, as the corporate mind-control slaves are an asset, afterall.) Yes, Japan is stimulating Japanese economy and ECB is stimulating European economy. They should have done this years ago but they were too cautios of inflation and now we see how the European economy suffers and US economy prospers. So what? |
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TrueCryptonaire - low crude prices overall hurt the US economy. Higher 'health''care' costs more than offset any consumer advantage. Idealists' trickle-down economics don't really work in the real world, not only helicopter Ben type stuff, but neither does lowering raw materials costs. Besides the millions of truly miserable over-qualified new part-timers in the 'job-creation' of the current fake US economy, the most 'REAL' jobs were created in the Oil Shale industry, fracking and such. You can't produce oil like that @ $60/barrel, so the low prices are killing that industry. (By design I may add. ) No, low crude prices are not good for the US Economy at this date and time. Just a practical reality in a complex world. If you are still in school, though.... Yeah, go along with the professor's song. Go along to get along. Just say what the professor says like a parrot and you'll do just fine in your escape from that oft-expensive place. (Don't challenge the professors, either. Ooof!) (Also, go along with any liberal agenda stuff, like changing the lexicon and whatnuts. ) Do you have a qualified research to support your claim that low oil price hurts US economy more than helps? It is not so easy question to answear really. Do you have some kind of proven fact how much it costs to produce shale oil? I asked this from a friend of mine who is doing his dissertion on this field and he did not answear me yet so probably you have better data to show me. Despite my prophessor is very introverted guy and has hard time to pronounce letter "S" he is very smart and sharp guy to whom I appreciate very much. He has also some achievements in his academic scholar that not many economists have. BTW, thanks for noticing my idea of investing in dividend paying stocks. Yes, I know it is boring and stuff and therefore you wanted to have a little bit fun and that's cool. I don't bother to answear there but here I am stating that you should not buy them if you expect the price to rise since you may not get the anticipated outcome. What comes to your immature critique Ben Bernanke's monetary policy, he probably saved USA from civil war. Sure for long term printing money is not a gateway to bliss but it was the only and necessary step to take on the road to save USA. However, now the challenge is to withdraw the FED's operations from the markets which they have started. The interest rate might be optimal in the current environment as the growth is still fragile. |
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While the rise is positive, as always be careful buying at the top of a pump. The books are thin both sides. Speculate for the future but be careful trying to time it to perfection. There will be profit takers all the way up and many more holding bags from a much higher price. *disclaimer, I sold my chunk I bought around 0.001 last week a few hours ago. I firmly beleive Ill have a chance to buy them back again lower than we are now. This of course doesnt include my long term holdings which are coming around to their 1 year anniversary soon Exactly. Never hoard coins on the top of the pump. the problem you are confronted with and when you really believe in a long term success of the project is that you may be confronted with panic buying once the ship really starts moving. if this is the case now - I do not know The time will tell. I still have my Moneros locked in a safe. However I am still concerned the high emission which makes high prices impossible these days. |
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show me a better 365day chart ... btc? nope ltc? nope  includes the woolong pump and still looks good Dollars and euros are not meant to be store of value in the long haul but gold, silver, investments and UNO. |
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