If we name the zone below -0.3 as the ridiculous rock-bottom slam-dunk buy zone, we are now in the middle of it at -0.35.

I think a fee based on the value transferred is a natural thing. I envision that 0.01% should be low enough to cause no problems.

If you think people would leave Bitcoin if such a fee was implemented, why do you think they use PayPal or WU with their 4-10% fees?

Shocker: I myself use one bitcoin service that takes 0.90% as fees. It is just so handy for small transactions.

I don't know much about it except what is there in the website.

Its fully mined market cap is $25M, compared to Monero's $45M and DRK's $220M.

It has been in a pump.

It is all up the the devs and community at this point. I believe DRK will fail and hope that MRO succeeds, but can't say of this one.

LMAO for non-monetary coins.

You are drunk.

24 hours ban from posting to the thread.

How come did you spend so many words to debunk him? 

Namecoin has had enough time to prove that it is not going anywhere.

Unfortunately for you, me and the likes of me think of it as 100% premine and would never even consider buying it.

Do I have to tell why I have never invested in an alt before? 

If all they have been good for is p&d and you see immediately from the parameters that even in theory thay have no lasting power regardless of the success of the pump...

I am fine with MRO. As long as the team takes it to the right direction and there is an active and growing community and the technology promise is intact, I have no problem just buying more if it goes lower. In the worst case I end up buying them all (followed by an event nullifying their value) and still will have spent less than 1% of my stash 

a) I am not believing it. Saying I'd like to have something implies that it is something that likely does not happen.

b) Even if it does happen, there is no way to both sell my position now and buy it back then, with perfect timing and no slippage. If BTC is doing its yearly wave, I can capture maybe 30% of the downtrend with 30% of my position, resulting in a 13% gain in my holdings. I have no fantasies that I could do any better with an alt, and due to their 250:1 difference in marketcap, I would spend equal amount of time in netting 250 times less.

Therefore I just buy below 0.010 and sell above 0.020 if we get there.

Since I am not a daytrader, I am counting on just that.

At 0.10 MRO is looking a tad expensive, at 0.020 it is an overshoot given the current fundamentals. It just happens to be the #2 currency which is currently at #21 I will tell when my perception changes.

I am repeating myself but the greatest asset of Bitcoin is its userbase, which has become as it is as a result of a long ongoing process of distribution the coins by mining and trading. I see that something similar is happening with MRO, unlike 99% of other coins. The slow distribution is an absolute prerequisite for the coin's long-term success. Any premine, instamine, ninjamine, IPO, PoS or other gimmick is not working. They are not legitimate, and the market shuns them, after the pump&dump has done its course. AUR had the best environment to try unselfish premine and direct distribution, but even that was a failure.

Ah ok. I am not interested in that (as reasoned in the OP). I have enough gains in BTC. I am not really angry if MRO is tanking and I know full well how many dollars of new investment is needed each day to retain the valuation.

As with BTC, it does not matter what the price is. What matters is how many % of the coin you own, if the technology is sound and has a potential to break out. MRO was the first coin with interesting technology and fair launch. That's why I hold approx the same % as I hold BTC.

I mentioned this in ToF, so let it be known here also that I like MRO very much at 0.002, I like it at 0.004, but would not buy over 0.010. Going to 0.020 in the immediate future is a sell zone with an intention to buy back at 0.010 or less.

We have not yet seen any Fibonacci retracements during the breakout. If there is one in the cards now, it would be about 538. So yes, I support this one. 500 should hold because that's the 2nd retracement level.

I don't know, maybe maybe not. But that does not change the fact that:
a) if there's such a clone, I'll get my share for free anyway 
b) MRO was the first coin that fulfilled my 2 criteria for a viable altcoin.

Besides imo a "speculative position" is something that is a larger % of the coin's eventual market cap than you have of Bitcoin's market cap. A hedge position is an equal percentage.

Yes, both.

But at this point anyone should just hold on to their coins, since the risk/reward going forward 3 months is just so unbelievably good. I can't think of any reason to reduce the exposure right now. Even selling at 400 had some merit for some, but selling now does not.

(Trading aside - you can try trading an uptrend, I don't, but if you are good go for it. Ask the ones who sold at 547 a few days ago what was their buyback  )

There has to be two things for an alt to have a snowball's chance to succeed:
- A real benefit over BTC, which is not implementable in BTC
- Slow public launch with no premine to distribute the coins fairly and widely, while keeping the network secure for years to come

MRO is the almost only altcoin ever to have a launch that qualifies. What a luck that it is one of only a few coins that fulfil the tech criterion also.

=> I bought MRO, but not darkcoin (it does not fill either, because of instamine, and problems in tech - even now it is down due to fork).

If ever a second coin comes that has real novelty value (copy of MRO of course does not count) and a good team and fair launch, I may buy it.

But true, this discussion is better in my new thread. Let's stop.

Anyone who dumps here without buying back in short order is as stupid as I was in 9/2013 selling 2,000+ btc, my biggest (and by and large the only) really stupid trade.

Monero is an example of a coin that is trying to do exactly that. The devs don't hold a privileged position, there is no premine, the coin hit exchanges last week when less than 5% were mined. It takes forever to mine the rest of the coins (80% in 4 years but exponential decay).

The ways to build a monster position are - mining with multiple CPUs, - buying in the exchanges, - making markets. All these are beneficial activities for the coin. Due to high inflation, pumping is difficult/impossible (new mining alone acts as a dampener on pumps). All in all a nice coin, aiming to have real anonymity with CryptoNote coin mixing, and my first altcoin investment ever

Thank you for explanations. My own (unchanged from the time of the provocative question) is that:

MRO's inflation is designed to be very high in the opening months (the only alternative being premine, instamine or IPO - none of which showing much success in the way of distributing the initial monetary base in a fair and functioning way). At present we are generating about 23,000 MRO per day with the BTC value of BTC104. Bitcoin is generating BTC3600 per day.

Since MRO's new supply is 2.9% of that of Bitcoin, it surely needs to be real interesting for the price to rise significantly.

Again, I don't think this is a bad thing. It is just the nature of the fair coin generation function (and the very reason I lost my alt virginity). When Bitcoin was launched in 2009, the price went basically nowhere in the following 1.5 years. But once the inflation had slowed and exchange opened, it started the 6400x moonshot in 1 year.

When MRO is 1.5 years old, about 40% of the supply will have been mined and the inflation has been slowed to 14k MRO/day. At that point it is difficult to imagine that the price would be this low On the other hand, the network security will still be there unlike with the rapidly mined coins.

All scamcoins, pump&dumpcoins, IPO-"coins", 100%premine-coins: you have yet to see your 1.5th birthday.

Monero, my man, why are you tanking?