What is the average cost of production in satoshi of 1 XMR ?
If your mining and paying for power it completely depends on the rate that you are paying. If you own a botnet or a sys admin then as close to 0 sats as you can get really. |
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Another vote here for disconnect.me. As said above using the tor package defaults to this. As long as you don't search anything through google you will be absolutely fine. duckduckgo used to be my daily. In fact I havent used google on my desktop for quite a while.
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I'm personally gobsmacked at how many people don't own a bitcoin. Suppose it makes sense that there's so much desperate trolling and fudding around these boards. Especially considering some of the names in this thread I've encountered giving trading advice etc.
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I think that price is the best way. If moon, it means people are excited, if dump, it means people like fiat more than btc.
Personally I think this is a really bad way to measure popularity. Price discovery due to the hodl mentality of most bitcoiners is imo quite bad. There are at most 100k or so of the supply traded backwards and forwards. Mostly between the same hands day trading. The price set by that small % of people and coins being traded. As a true measure of popularity a better metric is needed to ascertain any real idea. Number of transactions though a poor metric is still better than price. The best metric would be a measurement of general use in the real world between people and merchants and peer to peer. Discounting those transactions that fall under the send to selfs and gambling transactions. |
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I would say that the most promising initiative to make XMR stand out from the masses of shitcoins, is Crypto Kingdom. We are just now transitioning to a browser-playable game, which is also a social media platform and an interactive wallet-cum-app store. If you can see what it is becoming in just a few months or 1-2 years at maximum, you would do well to buy a stake of the project. It is now appraised to $275,000 in our internal CKG market. Compared to any game company that has a product in the final testing, that is cheap. Buy CKG (shares of Crypto Kingdom) as long as they are cheap before the release of the V.4: Reconstruction. It is easy, just contact saddambitcoin with your XMR ready. Interesting development Risto. Do you not run the risk of falling foul of any SEC rules selling shares of a project? Not saying you are as I have no idea how the law works across the pond but I know that's been an issue for other projects. I'll certainly be having a look into it and considering an investment myself. I'm sure the project is well on it's way to a fully browser released game with all the testing that's been happening  |
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We're down 3 USD today, what is all the panic about? For real world terms 3 USD will buy you a coffee or a burger. That is literally the price loss over the last 12-24 hours, let's all calm down shall we & see how this plays out. It's not exactly time to start tying a noose & hang ourselves  3$ when you have 200btc it's a loss of about 600$, it every depends on how many coin you own, if u have 1 o worries but if u have more a dump of 10$ would be a lot of money I'm a HODLER so I have no worries at all. The vast majority of my stash is in cold storage, I'm waiting for at least 5 years. You haven't lost anything during a period of downwards price movement unless you sell at a loss. Nobody sells on the way down unless they're retarded.Oh how retarded I was selling on the way down from 1000. How retarded I was to more than 6x my stack on the way down. lol. Comon mate, better permabull arguments than telling people selling on the way down is retarded. Selling now could be a golden move if we drop 50 bucks. |
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Regarding the many, many coins stolen/compromised what is he (if he allegedly has access to them) going to do with them? He can't ever spend or move them can he? If he does that's all the evidence they need right there to lock him up & throw away the key? It's like having a gold mine under your house but you can't get access to it.
Firstly the addresses holding the stolen coins are at this point still unknown. Secondly, those coins if in his posession will have already been mixed. Thirdly, there is no proof that those coins existed at the time of the hack. It is inferred in the article that they were removed from mtGox a long time ago. Most likely by the 2011 hacker and less likeley embezled by Mark himself. |
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No one said anything about retesting $160, jesus. Some of you permabulls would make so much more money if you learnt how to trade instead of cheerleading for the moon with your 20 coins.
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We're going down. Target $260 imo.
260? No, but 275-280$ - yes Funny how the guys who sold are saying the price is dropping. Meanwhile the price is down a whole 2-3 dollars today and flat.  Shorts up to 11,500. Excellent. A bit more fuel for the permabull party. Who said I've sold? Its speculation based on my own TA and alaysis. To back your idea that this is the bottom of this dip come up with something better than shorts at 11.5k. Shorts are near their lowest levels since dec 14 whereas 30 mill+ of longs is all time high area! Price movement doesn't happen all in one second. $3 a day for the next week puts us down to around where I have bids and will go long again. |
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Name: dreamspark
Post count: 2942
Activity: 476
Rank: Sr. Member
Bitcoin Address: 16hRptrzQS8J2Fe3YdLCA19npERQhxjCmt
I'll be a hero member next week. Will that update automatically ?
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We're going down. Target $260 imo.
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Nasdaq 'news' is nothing to do with Bitcoin. Literally nothing. Why you think a company using blockchain technology would have any effect on the price of BTC is beyond me.
Er, it's using the blockchain. They've rightly bypassed all the faffing around with their own and gone with the one that's, like, working right now and doesn't need to be built from scratch. If nothing else it's a big, fat stamp of legitimacy. Try traveling back to 2011/12 on here and making this prediction and see how seriously folks would've taken it. Is it using the blockchain though. No matter how hard that article tries to make it sound like they're using the bitcoin blockchain no where does it say that. They are using BLOCKCHAIN technology. Nothing to do with Bitcoin or the price of it. Even if its on the Bitcoin blockchain they could do whatever they are doing with fractions of a coin. No effect on price as they're not about to go out and by 100k coins to carry out whatever it is they are doing. |
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After Testing the Technology for months, NASDAQ Will Use Bitcoin BlockchainMost of you probably heard several months ago that NASDAQ planned to test Bitcoin technology within its business. It now appears the exchange will be rolling it out live in the fourth quarter, partnering with Chain. From Bloomberg: Nasdaq OMX Group Inc. expects to become the first major exchange operator to use the technology behind bitcoin when a project in its private-companies business goes live in the fourth quarter. The stock market operator is partnering with infrastructure provider Chain to use blockchain to issue and transfer the shares of privately held companies. Blockchain is the ledger that drives the bitcoin digital currency. More... http://libertyblitzkrieg.com/2015/07/27/after-testing-the-technology-nasdaq-will-use-bitcoin-blockchain/ Major stuff +1 I miss the days when news like this would pump the price $50 per day... Soon, though. This is Gentlemen. Good morning from a 42C Greece.  42C Jeez! Regarding the NASDAQ news - **Thumbs Up** - Positive news is slowly replacing the negative news of the last 12+ months. We'll get there bro, bit by bit (pun not intended) we'll get there. Big money is going to start coming into bitcoin in the near future. It's going to be very expensive for people to get into bitcoin in a few years, luckily for us we got in early enough. Nasdaq 'news' is nothing to do with Bitcoin. Literally nothing. Why you think a company using blockchain technology would have any effect on the price of BTC is beyond me. |
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I have a Monero fund already established, and undergoing the initial capital building process (acquiring Moneros). Once we get enough to begin with (the company already has a capital in 6 figures), we can start accepting investors.
6 figure what? BTC, USD, XMR? |
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Advocates precious metals during their bubble pop  Meh fuck silver  There was an article I read yesterday saying that hedge funds were net short precious metals for the first time ever. What that means to me is that every single one of those managers who held their precious metals over the last 4-5 years needs firing. |
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Advocates precious metals during their bubble pop |
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Look at 4 hour chart. We gonna moon
12 hour is even more beautiful. 6hr bbands are super tight as well. |
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Well yeah the 2020 halving is also 'priced in'. Everyone knows the economy behind Bitcoin production and inflation. Knowing from the start when halvings in production are taking place and having a cap on the total money supply is why many people are here and why many speculators forsee an increase in price over time as long as new money >= coins wishing to be sold.
Yes, nothing happened after the first halving when the price was $9 because it was priced in. Nothing happened soon after that. Can't fight science. Explainable by demand (new money >= coins wishing to be sold), not necessarily a direct result of the halving. The point being you still need new money coming in to be greater than the value of the coins wishing to be sold regardless of mining amount. Saying supply halving MUST mean price increase is not true. |
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You're literally unreadable. Post utter tosh, got to go on ignore sorry.
Volume down on the larger time frames. Main bullish case is the 3d macd cross. Certainly no rush to make a trade. Very much wait and see territory for the speculators. I can't help but think only being on polo with their new rules really is an issue atm.
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Hence why the argument of it already being priced in somewhat certainly holds water.
It isn't priced in because it is over a year away. There are people arguing for a rally, a fizzle or no effect. It is undeniably a huge event on the bitcoin calendar because it marks the last time that bitcoin coin inflation can ever be blamed for supply exceeding demand and pushing the price down. 5% inflation is pretty good. But any price shenanigans that go on around that time will be driven by the same heavy speculators driving the price up and down. In the longer run if demand picks up then the reduced mining supply could lead to price rises. Which would be nice. Disagree. Any event that you know of is a part of the consideration when buying/selling that stock/currency/commodity etc etc. I'm not saying its completely priced in I said hence why that argument holds water. You can't seriously suggest that it's not already part of the market psychology when people are already talking about it and anticipating a price rise due to it. All speculators big and small are holding hoping for it to cause a price rise. It certainly doesn't mark the last time that btc inflation can be blamed for supply exceeding demand. How can you possibly say that. If the price rallies up to $10000 on a spike (remember on long term charts $1000+ was just a monthly spike) Then supply in $ terms could still easily outstrip demand. Don't forget not all mined coins are instantly sold, and all mined coins are part of inflation. My point being you can't possibly state what you're saying as fact. Saying it is priced in is meaningless in my humble opinion. It is just something people say. If the market simply knowing an event in advance means it is priced in then the 2020 halving is priced in too, right? You are right of course that if the price rallies up hugely then even 5% inflation could exert an effect. But the price is set by supply and demand and going forward the mining supply is going to become largely an irrelevence in comparison with the actual proportion of coins already in existence being used to set the price. I will just say that it is an exciting time to be in bitcoin. Well yeah the 2020 halving is also 'priced in'. Everyone knows the economy behind Bitcoin production and inflation. Knowing from the start when halvings in production are taking place and having a cap on the total money supply is why many people are here and why many speculators forsee an increase in price over time as long as new money >= coins wishing to be sold. As far as I'm concerned your biggest problem is with thinking that the only supply comes from mining. There are millions of coins out there that can be added to the supply side of the equation. There are single holders than can wipe the entire bid side from all exchanges if they so wished. Just considering mining supply is far too simplistic, and I'm certain if prices rise to ATH's and above there will be a lot of coins coming out of the woodwork. Don't take this as a bearish opinion overall just that blindly thinking halving = price rise and a continual price rise at that just doesn't seem logically sensible. On a side note I actually think price discovery in Bitcoin is really bad due to the amount of coins being held compared to the amount being traded but thats another matter all together. |
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