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2621  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 30, 2016, 04:18:03 PM
I wasn't aware you could get actual legit medications on DNMs. I may have to look into doing that.
2622  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 30, 2016, 04:29:22 AM
It may be a bit early to call it support, but there seems to be support building around .014.
2623  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Monero replace Bitcoin soon? on: August 29, 2016, 02:49:19 AM
Bitcoin = Public Ledger
Monero = Private Ledger

Everything else = Pump n' Dump / Speculation
2624  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 29, 2016, 02:45:31 AM
$10 barrier has now been broken. At the time of this post, one Monero is worth approx. $10.43.
Next stop, .02?
2625  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 29, 2016, 02:25:52 AM
Does China care about Monero at all?
2626  Alternate cryptocurrencies / Speculation (Altcoins) / Re: DASH Collapsing Monero UP on: August 29, 2016, 12:40:36 AM
Dash Marketcap DESTROYED.

Where is this going to settle is the question.

I'm guessing around #30-40 on coinmarketcap by the end of the year.

Now that it's been collectively realized that DASH is not anonymous, and really serves no purpose whatsoever (other than benefiting the insta-miners), it will collapse like the thousands of shitcoins before it have.
2627  Alternate cryptocurrencies / Altcoin Discussion / Re: Why the bitmonero/monero Ninjalaunched Cripplemined Fastmine matters on: August 28, 2016, 01:59:26 AM
You can't fastmine almost 13 million coins in the first 2 years and not expect volatility and big bubbles to form. Monero is proving to be very volatile due to its mining emission curve and lack of masternodes.
Aha aha ahahahaha, are you high?

A fast-/pre-/insta-/whatevermine looks like this:


10 - 15% of the total supply in the first 24 hours...

best regards,

Yes dash had what is commonly referred to as a accedental instamine as opposed to some coins that have a planned instamine where lots of coins are mined in a very short period of time. These are usually pos coins and they mine all the pow coins in a few days to a few weeks or more.
Monero is a good example of a fastmine but it could be considered a instamine too, which I don't think applies but who's to say.

2.25 years = insta?

lol please send me what you are smoking.



So 24-48 hours is instant?

 I personally think instamined coins become fastmined after 2-3 weeks but I would not argue with someone who said the cut off was 3-4 weeks, especially if it was a pow to pos coin where all the pow coins were mined quickly and then they switched to pos.

When does a instamine end and a fastmine begin?


For all intents and purposes, a 24-48 hour mine is absolutely an instamine.
2628  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 27, 2016, 09:48:03 PM
looks like the triangle broke to the upside....BOOOM  Cheesy

Indeed, and thanks for posting your chart yesterday. This thread needs more chart pr0n!
2629  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 24, 2016, 03:10:36 PM
Just recently someone said in the trollbox that already 12 vendors at Alphabay are about to take Monero payments... Because it is a trollbox, I'd like to know if somebody has any information is it true or just B.S.
Also, it would be nice to follow how wide is the Monero adaption among D.N.M. in general so if someone is more specialized to those would you care to give some additional & factual info.

I heard something similar on reddit. I'd imagine anyone using tor and BTC is already somewhat tech savvy. The barriers to entry for monero, i.e lack of official GUI wallet, lack of direct USD-XMR trading, shouldn't be too big of a hurdle for D.N.M. users.
2630  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 24, 2016, 03:06:38 PM
I bought my first batch of XMR two years ago, around .005 BTC. I really wasn't sure if it would ever get to that price again, as the crypto community seemed to continually pass it up for inferior coins, like Dash. Now, here we are.

XMR "feels" like BTC circa 2012-13. People are taking notice. The advantages of Monero over any other currency are now being recognized by the wider community. Soon, they'll be utilized. Usage, speculation, the ecosystem, and the price are likely to grow ever faster.


2631  Economy / Speculation / Re: ELLIOTT WAVE ANALYSIS OF BITCOIN (BTC/USD) PRICE on: August 23, 2016, 01:44:28 PM
Perfect example of completely misunderstanding bitcoin's value and where it comes from. You can't apply traditional chart analysis to bitcoin - ask Matthecat how that went. Things like elliot wave have no meaning here.
This. Also any value lower that $100 or even $300 or even slightly more will cause bitcoin mining to crash.
Economy is not that old branch of science, Industrial Revolution happened 250 years ago and progress happened too fast in short amount of time to create current highly unstable economic markets.

Bitcoin was invented less than decade ago. Trying to measure it purely with standard economic tools is totally missed idea.


You're thinking in terms of economics. Elliot Wave Theory, and other chart analysis tools, can be viewed as mass psychology tools. Bitcoin may be a new market, but it's controlled by the same, predictable human psychology that has ruled all markets since the stone age.
2632  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Monero price is going up to 3 USD, transactions are anonymous - better than BTC on: August 22, 2016, 03:14:21 PM
As other coins, with no real advantages over bitcoin, come and go, Monero just keeps on picking up steam.
2633  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 05, 2016, 03:11:10 PM
It'll be interesting to see how that pans out. He's often full of bluster, but also brilliant and eccentric.
2634  Economy / Speculation / Re: Analysis on: July 27, 2016, 04:06:05 PM
I'm ready for $420.

2635  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 12, 2016, 04:33:45 PM
I think we're seeing a spike up that will take us through the week, then back down next week.
2636  Economy / Speculation / Re: Time to buy cheap coins on: June 23, 2016, 08:19:53 PM
This is a bounce, as some have said. I think it's likely to dip down below $600 again soon before stabilizing
2637  Economy / Speculation / Re: Analysis on: June 23, 2016, 08:16:49 PM
As for short term, $570 should hold and give a nice bounce because of this. Anyway, this is not similar to short term rally continuation picture



It seems like you pretty well nailed that. It dropped to ~$560 and bounced to the $620s.

The selling pressure seems to have mostly dried up, and volume has remained consistently high. I do think this is just a correction.
2638  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 22, 2016, 01:10:48 PM
Most "amateur" investors won't invest until there's a bitcoin ETF. The professional investors are going to be able to differentiate BTC from the shit altcoins, like ETH.
2639  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 21, 2016, 06:30:44 PM
On the bright side, people are likely to have one more good buying opportunity before moon.
2640  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 20, 2016, 07:00:04 PM
The value is the price one is willing to pay for it.
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