link for Top 100 Richest Addresses ?
No such thing as far as I know, hence why you cant search for addresses on the block explorer. Its not even possible due to a separate public key is generated for each input, privacy and all that  Tell me the total number of XMR owners and the percentage of the largest owner, I can derive the distribution of everyone in between with amazing accuracy  |
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If I was buying, I'd wait until 580-600 is crossed first. (or 660 which would be the panic buyback zone).
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Do you know of the following: - paper wallets - reduced/zero/negative trading fees for market makers in exchanges - whether it makes sense to buy boolberry as a hedge or not Thank you in advance  |
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Can you imagine in 1994?
EUROPEAN MAILING AUTHORITY ADVISES POSTAL SERVICES IN EU NOT TO RECEIVE, WRITE OR SEND EMAILS.
Who made them think they have something to say on the matter?
+1 (as usual ) |
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500 should hold for the uptrend to remain in force.
That's quite optimistic. If it goes that low (I doubt it) there is a huge risk, turning the whole market bearish... Wasn't that what I just said  |
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500 should hold for the uptrend to remain in force.
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Speaking of castles, have you posted anywhere on the 2 forums about the Super Node meeting last week?
Not much. I let others do it. Btw why is it that you repeatedly insult me, and when banned, lay low for a couple of months, and then sneak back without apologizing? That's not cool and I don't advice trying it with the castle. Banned? I was never banned. What are you talking about? I won't apologize for calling you out on some of your B.S. Having said that, I have always encouraged you regarding your bitcoin castle. Unlike you, apparently, I don't hold grudges, I simply call it as I see it. And I would never try to "sneak" into Estonia. lol. If the time comes that I want to visit the estate, you'll be happy to let me in. Even if you don't believe it right now. OK whatever. Don't visit my thread again. Insulting my loved ones is like cognac, it becomes more costly when time passes. And I don't believe you will get to sneak into my castle except with a different nick, of course. And that would be not cool. Others, enjoy the pictures! I never insulted your loved ones. What are you talking about?
All I was saying, is that one day you will be happy to have me at your castle - windjc. You will consider me a friend, although you don't believe it. If you don't apologize, you will not enter my castle. We are talking about manners here, not political expediency. We will see. If the day happens, it will be at least a few years down the road. That's like a couple of centuries in bitcoin time. I can see that you believe money trumps manners. I am happy to teach you otherwise (while feeling sorry that you've had the wrong notion for such a long time). If the readers want to know other ways to be banned; not paying your bill, and scamming are those.
Was in no way referring to money. Or power. Or possessions. Just humanity. If your humanity forbids apologizing when you have wronged another human, why do you even desire to visit the castle? It will be a painful experience for you to find other people in harmony with each other - such a contrast to what your actions testify of your inner reality! |
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Rp, what's your plan with the Malla, will it ever be a place for less than BTC1000's+ supernodes?
I'd say if you hold more than BTC100, the place might interest you. For lesser holdings, you should concentrate on building a bigger balance first. When bitcoin goes up, there will be more castles and the cutoff grade to be part of one (also the supernode threshold) will go down in btc terms. |
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Speaking of castles, have you posted anywhere on the 2 forums about the Super Node meeting last week?
Not much. I let others do it. Btw why is it that you repeatedly insult me, and when banned, lay low for a couple of months, and then sneak back without apologizing? That's not cool and I don't advice trying it with the castle. |
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Nice double top forming.
Be ready for a correction to 500$.
Increase your BTC holdings by 20% without doing much (just selling).
Sir, Selling is the easy part. Buying back in quantity is the difficult one. |
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Would it be considered slow growth if we were to stay within $600-$800 for a couple months, and then burst through ATH and beyond?
You think the next top will be higher then $6000?
Staying in 600-800 for some time is a possibility, but I give a higher probability to a rather short time (<2 months) than a longer one. Going higher than 6000 is the more likely, the longer it takes for the boom to start. - I don't pretend having a crystal ball.
You non-existent crystall ball is much better then mine or most anyone else's. I also don't pretend having a castle.. |
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- July 1 prediction was mathematically derived from the similarities in the current situation and the one in late 2011. If we would follow that lead strictly, now would be a 12-month period of price stagnation, but I do not believe such is going to happen.
Where are you getting the twelve months from? With Bitcoin, going from $7 to $13 in 12 months is equal to stagnation. With all the other investments, that would be stellar performance of course |
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I couldn't get too much information and people were not interested in supplying it themselves. Did not want it to degrade to a rumor club. If someone has thousands, he needs to do it the "hard way" and contact me or some other facilitator to get in touch with the others. |
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So Risto, since you were, as usual, correct about your prediction for $650 being the price on July 1st, where do you think we are headed now? This appear to be stagnating right now. I guess that is not necessarily a huge cause for concern, but I would think we would need to start inching up pretty soon here. You had mentioned a new ATH at the end of July or into Ausust and I am curious if you think this is still doable.
good question here ... however Risto you do not pretend to have a crystal ball any more than anyone else, right? Would you say the July 1 prediction was a lucky guess? He has a great handle on trendline and order dynamics. What I haven't seen you overtly mention rpietila is market psychology. My guess is ~$800 next couple months, test ATH soon after, ~$6000 by Winter. Would be interested to hear your thoughts on the potential of this occurring. - Thank you. - I think we are headed up, after a short breather. But this is just the most likely scenario. It's like the weatherman says "rain" but it only rains in 70% accuracy or so and can never be otherwise. - There is no inching up; once we start moving, that's it. See weekly Parabolic SAR in Stamp, 2y. - There is no cause for concern whatever happens. Crypto is either the next big thing or it isn't, and short term price movements do not change this reality. - I currently think that the new top is reached in August-October, with the old ATH beaten only 3-5 weeks before. - I don't pretend having a crystal ball. - July 1 prediction was mathematically derived from the similarities in the current situation and the one in late 2011. If we would follow that lead strictly, now would be a 12-month period of price stagnation, but I do not believe such is going to happen. - I am lazy to write about psychology because it needs many words, that does not however mean that I were totally ignorant about it. - Your prediction of slow growth is not compatible with market psychology. Once we clear the ATH, there is nothing stopping us. 6000 is conservative (for an intraday high). |
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Risto, you posted your total in October 2013 as BTC10,000. I saw you post that at what you consider the bubble peak, you wish to dispose of several thousand. Does this mean you current total is significantly larger than what you posted in October 2013? The number was given in an order-of-magnitude's accuracy, and could have been anything between 3,000 and 30,000. Still is. |
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But the dot-coms were companies not the technology. The success of the internet itself never faltered, it's just that people scrambled to speculate on companies to capitalise on it, and some terrible or highly risky companies got too much money. It's easier to say Bitcoin itself will succeed than it is to say that blockchain.info or coinbase will be the next google. There's also another dimension to crypto in that there can be an alt-coin bubble in parallel.
So, with the dot-com bubble, pets.com is often used an example of the crash. The pets.com of crypto could be a company (e.g. gox), or it could be an alt coin (e.g. litecoin), but it's not crypto itself. Just as HTTP and SMTP (email) went from strength to strength, so will crypto.
On the otherhand there is a possibility that another crypto overtakes Bitcoin, but this won't happen overnight, and any Bitcoin holders would have plenty of time to diversify towards the alternative before suffering any real loss.
Emphasized for emphasis. |
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In that case, median net wealth for US adults is only ~$38,000 USD. Which I actually find surprisingly high. That median is composed of the under 40 crowd who largely have negative net worth, and the over 50 crowd who compose the richest generation to ever walk the face of the earth and whose assets (stocks and house prices) are being propped up via money printing. I think you mean the over 65 crowd. True. The boomers are 65-68 yo this year. Their assets must be quickly confiscated, otherwise they are inherited by the people in productive age!!  |
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@potential buyers, If you are interested to wait until it hits $5000, I have a few thousand BTC for sale. Contact me.
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But the way how it was distributed.. Meh, it'll be a stain for a long time.
NXT IPO lasted for 53 days, 28 Sep 2013 to 19 Nov 2013 when the Genesis Block was created. Most IPOs these days run less than that and manage to attract much more capital than NXT did. It's not NXT's fault that almost nobody did IPOs back in those days and most people were afraid to send any funds. IPO is not a way to distribute currency. Perhaps people in 2013 were more educated than the current ones  Just imagine how well NXT would be doing if the coin generation would have been set similar to XMR... |
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Wow it seems my last post to my Altcoin observer was a good 11 pages ago Let's try something with this one: I've been thinking about how to quantify the support behind altcoins with some quantitative metric. The start for any such analysis is of course the market cap. Then there is the estimated number of users, or the estimated number of owners (perhaps with a cutoff grade), otoh it might be possible to quantify the strength of the devteam in a way, and the possibilities are many. What I came to think is the following metric (somebody can write it in Math, I'll just spell it in English): Each crypto investor's crypto wealth (measured in BTC) is divided into as many equal parts as he holds different coins, given that his % holding of that altcoin's coins in circulation is at least equal to his % holding of BTC's coins in circulation. These parts are credited to the respective altcoins. The sum of these equals the support to the said altcoin.Example: Mr. Rich holds 10,000 BTC and an equal amount of XMR + 1,000 DOGE. Since his XMR holding is significant (higher % of coins in circulation than his BTC holding), it is counted, whereas the DOGE holding is not. => The fortune is credited to support BTC and XMR equally, 5,000 BTC each. Conclusion: XMR is already in top #X of alts, despite the market cap being in the middle range. This is because the tremendous support (calculated in the following way) from BTC powerhouses who seldom give their support to many or any of the coins between BTC and XMR in the marketcap table. Discussion: The formula downplays the "support" to the coins where people have invested most of their wealth in, since these kinds of situations often arise from circumstances outside of those people's control. My support to BTC for example cannot realistically go to much higher level should it rise another 1,000%, as I am already all in and tax and other considerations weigh heavily on whether I can ever sell much of the stash. Also it weighs down those altcoins with pump&dumpish character (unrich people unable to actually support the coin, buying too much, trying to make a quick buck) and premined/IPOed coins (dev/"dev" holding a shitton of coins, unable to support any more than he is already doing, and probably holding dozens of other coins also, just in case this one goes sour). The formula magnifies the "support" to the coins where people who have no selfish reason to buy a coin (BTC whales who cannot motivate the purchase by making money as they are too big to operate in the alt universe exchanges) do it anyway in such quantities that it matters (the cutoff grade for somebody holding BTC13k is to hold 0.1% of the alt, which is huge, and requires planning to even source somehow). Also the fewer altcoins you are invested in, the more support the formula credits to each one of them, which is kind of obvious. You cannot support 10 altcoins credibly so that anyone would be affected. By holding only one, the effect is huge. Why the supporter's total wealth is used, is also because the price support in the exchanges. With a typical p&d coin, at the top of the pump, the coin represents a large % of the wealth of those who are/have been/ever will be interested in it. There is no willingness or even ability to cushion the fall. With XMR (or any coin that ranks well in my formula), there are people holding 1 or (typically) 2 orders of magnitude more BTC than XMR, which provides the buy support at whichever level the market clears. This cannot prevent the price rises, but will efficiently cap the falls, due to the rapidly rising buy support at any price in the range of 0.004->0.002, the latter of which we will never see again. |
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