Bitcoin Forum
July 07, 2024, 06:20:23 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 [32] 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 ... 252 »
621  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: August 22, 2016, 11:52:27 PM
No other coin offers the privacy, untraceability, fungibility, and security in a decentralized system (no trusted setup required).

If the Mossad ever gets around to releasing zcash.

Can you support this claim in any way? I would even be interested in anecdotal observations that point this way.

At least Ben-Sasson and Gabizon were IDF.  I have no dox that they were SIGINT, but would be surprised if they were not, given their academic proclivities.

If anyone has more facts on the ground in this, I am very interested.  I am just going with what I have, and drawing central tendency inferences, which have wide credible intervals.

622  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 22, 2016, 11:46:35 PM
Looks to stabilize around 4.20 usd maybe. (Coincidence? Ha!) Expect some vol.  Good place to resume market making, but plan for more spikes.

Edit: I estimate a good working range as 3.85 to 4.65 right now (8pm Eastern US) but most of the risk is upside, on short covering, so don't get caught offsides!
623  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Monero replace Bitcoin soon? on: August 22, 2016, 07:17:15 PM
I think Z-cash will eat Monero's breakfast, lunch and dinner on the back of pulling in the punters on the back of its impressive cast of investors and engineers. Cannot see Monero being more than a niche alt.

 Grin --Thanks! Haven't heard that argument Ripple through the privacy community for awhile.

It has been pointed out elsewhere that the Mossad is sponsoring ZCash.  If you want to trust your privacy and substance to the transparency, honesty, and restraint of the Mossad, well... I don't even...
624  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: August 22, 2016, 06:39:31 PM
I haven't said anything like the following in a long time...

With so many new folks about to pour into monero... getting the GUI out very SOON would be a BOON.

Rocket to the the boon igniting...

CURRENT MONERO PRICE 0.00493 BTC

Not the funniest thing I've heard, but probably the most heart-warming: Monero for all mankind - To the BOON!

Who can cook up a legendary BOON gif?  AP?
625  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2016, 04:29:05 PM
This may be the big one fellas...

Monkey told me to close my shorts, so I did, for an 8bp loss on the position.  Monkey says up for 8 to 12 days, then down for the next month.  And THEN the big one.  Of course Monkey is guessing, but he seems to guess a little better than I do.
626  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: August 22, 2016, 03:59:26 PM
Monero is going up today  Grin

Who has Monero or mine it?

Nobody knows, because it is private.
627  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: August 22, 2016, 03:39:37 PM
No other coin offers the privacy, untraceability, fungibility, and security in a decentralized system (no trusted setup required).

The fact that monero does not require you to entrust your secrets and substance to the kindness and transparency of the Mossad seems like an important differentiator, and worth emphasizing if the Mossad ever gets around to releasing zcash.
628  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 22, 2016, 03:34:55 PM
Looks like president Trump is back on the menu.  y'all should get him to plump for bitcoin while he needs your votes. 
629  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 22, 2016, 08:33:32 AM
4,000 BTC volume and climbing. Is that a record?
March 20th saw 680000 xmr move on poloniex at 0036, so yeah.  New high volume.

Big move up on strong volume... Can it get more bullish?

I don't see XMR borrowing demand.  Probably needs some sign of weakness to attract short interest.
630  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 22, 2016, 08:24:14 AM

I've been holding XMR in size since April of 2013 in anticipation of this event...

Can I borrow your time machine?  Tongue

LOL I know.  Its OK. Its really late in NY.
Did I mean 2014?  They blur together in my mind, the years of pain.
631  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 22, 2016, 07:13:04 AM
I think 5 MILLI SAT is very possible this year - if AlphaBay does follow and other markets.

mega-satoshi, or bit-cents, I think you mean.  And I would agree, contingent upon actual end-user uptake.  Merely having the option available does not constitute actual use.  If XMR takes 5-10% of the DNM monetary load, 0.05BTC is quite achievable this year.  That would be a relatively rapid adoption scenario, however.  Vendors really don't want to support multiple currencies, and deal with pre-release software in the state of Hydrogen Helix today.  For that reason, I think it is a lesser probability scenario.  I would estimate that it will take about a year to get to that level.  The only thing likely to accelerate the schedule is increasing AML/KYC restrictions and block-chain analysis by both exchange sites and LEOs.
632  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 22, 2016, 07:04:13 AM
Does that make you the very first hodler then?   Wink

Among the first.  I think, by default, that some of the early miners and original core are still holding in size.  The ones who supplied me my first tranches OTC.  But I don't really know.

633  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 22, 2016, 06:35:34 AM
The real price of Monero is minimum 10-15$ - at least as much as Daesh(it).

Don't forget that in crypto discounting factors are generally inflated by a lot of idiosyncratic  event risks.  That seems like a pretty good equilibrium estimate for a year from now, if it sees actual use - and I do expect that it will - but under crypto-scale discounting, the NPV is probably closer to 3-4$.  

I would be unsurprised by an overshoot, say 5-6$, in the next week or two, but followed by a pullback, maybe as low as 2$.  Then a less dramatic but rapid rise to a 3-4 trading range, followed by a slow glide up into the 10-15 range on decreasing volatility - unless more markets add XMR, in which case additional, but smaller, spikes will keep volatility high, even while they push prices up faster than in the baseline expectation...towards a 20-25 range in 2 years.

I've been holding XMR in size since April of 2013 in anticipation of this event, and intend to continue holding until Monero has displaced bitcoin in all of the use-cases for which it is technically superior.  That would include most of the current uses of bitcoin. (And a price in the hundreds of 2016 USD, around 2020-2024, assuming no monetary systemic reset.)

I will slowly sell 5% of my holdings (a market making stake) on any near term spike close to $5, and try to get them back cheaper on the correction.  If that fails, I may or may not chase them uphill, depending on my ability to analyze the events of that time.  Although... I am beginning to question the value of continued market making because of the implied risk of underperforming the market.

This is my current speculation, and subject to prompt change (nonlinear) upon receipt of new information.
634  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 22, 2016, 05:11:38 AM
Hmm... Lots of folks asking me how to buy XMR lately.  I always start with "first, get some bitcoin..."

Will XMR reverse bitcoin's slide?  

I always end with "or just buy them from me at market rates.". About half prefer the exploration, and the other half prefer the trust and convenience of buying from me.

635  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 22, 2016, 04:58:26 AM
I hope this is considered "on topic".  

https://bitcointalk.org/index.php?topic=653467.0

https://bitcointalk.org/index.php?topic=1035694.0

https://bitcointalk.org/index.php?topic=656841.0


636  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: August 22, 2016, 04:28:31 AM
As a side note, does anyone have any idea about the legality of doing something otherwise perfectly legal on a place like a darknet market?

I am not a lawyer.  It is insane to think that lawful transactions are somehow made unlawful by being performed confidentially.  That said, the government is batshit crazy, and the variety of regulation is beyond human comprehension, and hence unpredictable.

I think it would be in the interest of any XMR holders to cultivate any transactional venue offering support for xmr-denominated transactions, with lawful trades being of priority.
637  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 22, 2016, 03:50:35 AM
68% of the valuation of XMRBTC is theorized to consist of dark market energy.
638  Other / Off-topic / Re: IS UFO or ALIENS are real ? on: August 22, 2016, 02:35:52 AM
The level of discourse in this thread has restored my view of humanity.
639  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Monero price is going up to 3 USD, transactions are anonymous - better than BTC on: August 22, 2016, 01:45:14 AM
There is no fuel in this break out ...

So confident!  Are you shorting it large yet?
640  Economy / Economics / Re: Bitcoin or gold? on: August 22, 2016, 01:32:46 AM
Well for me I want to take the advantage with bitcoin because if you are going to be known that has to have gold here in my country or place for sure the robbers are going to look after you and they are going to chase you or even try to kill you just to get your gold. SO, with bitcoin it is secure and also you are going to be safe either.

You might prefer Monero in that case.  It cannot be traced or linked to you -- unlike bitcoin, where everyone can see who sent funds, how much, and who has them now.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 [32] 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 ... 252 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!