target 7400
Target 6000 where I bet it will hold. |
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HATE you guys!  I'm always dry during these times.  Hey me too man. Just not THIS time. I liquidated my bitcoin at 9000. If bitcoin falls while monero falls further relative to bitcoin at the same time, I may not be going back into bitcoin when I turn that liquidity back into crypto.  We'll see. I'm starting to get some signs that I made the right call but it ain't over till the fat lady sings. |
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I agree with you.
Any thought's on the market?
I am a terrible speculator. I should probably not even post in this thread.  I think XMR is suffering from a set of circumstances. 1. Last winter's crypto explosion, and current correction. Looks to me like Bitcoin is trying to decide if it is going to continue the bear or get back on the rocket. Looks to me like it is continuing the bear. This has a HUGE impact on all of crypto including XMR. 2. The forkcoin. This created some sort of "artificial" volume and hype moving us into the 30s and now that is gone. This combination looks short term bearish for XMR to me. I remain long term bullish on this project, and it's value. Keep crashing monero. I actually have dry powder for once! |
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blah
Why would you talk to someone who just stated that he has you on ignore? Are you missing a few brain cells? |
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How can it be worse than Bitconnect, for example?
Fewer memes? |
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Bitcoin looked totally indecisive there for a few days. Now it looks like its making the first hints of a decision.
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Anyone can specifically explain what is the difference between the etherium and the etherium of the classic
Ok so the names are confusing and misleading. This is actually etherium. The real eitherium. In 2016 some guys coded a contract to be executed on the ethereum network. They called it "The DAO". Unfortunately they inadvertently left a loophole in the contract allowing anyone who had the technical knowledge to be able to claim funds out of The DAO's account. It is important to understand that this wasn't a hack. Ethereum's whole sales pitch, the whole social contract underpinning the system, was the idea that code is law. That smart contracts were immutable. That we could have a court of law that is governed by math and computer code rather than the fickle whims of man. The only reason people can withdraw funds out of these smart contracts is if the contracts say that you can, and this one said that anyone could. So someone did. So the core developers of etherium abandoned their supposed principals in favor of expediency and convenience. They forked the code and said "yea... on our new forked software that transaction isn't valid". It would be like if the bitcoin developers knew that one of the transactions on bitcoin was a drug trade so didn't like that transaction and so forked the entire code base such that that transaction was no longer valid on the new software. That day Ethereum became something else. Something new. Something devoid of its supposed principles. I like to call it Neo-Ethereum. Ethereum classic is the continuation of Ethereum proper. This project is just all the people that ignored that invalid fork that broke the social contract. Just like if I tried to submit a bitcoin block where I reversed a transaction that I didn't like, it would be rejected as invalid; this is the product of the Ethereum miners who rejected the invalid block that tried to reverse a transaction that Vitalick didn't like. I hope that makes sense. |
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I gave up on Alex Jones on NYE 2000, when Yeltsin's resignation caused him to devolve into apoplectic paroxysms of armageddon panic fever dreams.
I loled By then I had already heard him get the Seattle N30 WTO uprising absolutely wrong and pretty much written him off. His infiltration of the Bohemian Grove event was entertaining however. Paul Watson is pretty cool. I don't understand why he associates with that guy... Anyway, while we are on this topic, I have to share this https://www.youtube.com/watch?v=qaPDFcc1EWU |
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From those comments it appears CNBC crypto class is a bit of a meme. Everyone there is saying, quite contrary to being bullish, it is literally the most bearish thing in the known universe. |
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To be truly effective, all these efforts require close international cooperation. Since crypto-assets know no borders, the framework to regulate them must be global as well. They are screwed. The moment they finally get that nailed down Elon lands on mars and thumbs his nose at them. You're making it sound as if Elon is never going to land on Mars. :/ I was skeptical too until the moment those rockets landed themselves back on earth. That was amazing. Did you see that footage? I did. I loved how synchronized they were, made it look like CGI. The successful landings were amazing indeed. The posted vids of the many previous unsuccessful attempts that crashed/exploded on impact were rather spectacular too. I suppose you have to iron out the kinks somehow. Well anyway it was all just a joke anyway. I just thought it was a funny image to imagine elon standing on mars thumbing his nose at earth buracrats who just finally managed to achieve planet wide regulation. |
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To be truly effective, all these efforts require close international cooperation. Since crypto-assets know no borders, the framework to regulate them must be global as well. They are screwed. The moment they finally get that nailed down Elon lands on mars and thumbs his nose at them. You're making it sound as if Elon is never going to land on Mars. :/ I was skeptical too until the moment those rockets landed themselves back on earth. That was amazing. Did you see that footage? I did. I loved how synchronized they were, made it look like CGI. Haha yea baring conspiracy theories of course. |
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To be truly effective, all these efforts require close international cooperation. Since crypto-assets know no borders, the framework to regulate them must be global as well. They are screwed. The moment they finally get that nailed down Elon lands on mars and thumbs his nose at them. You're making it sound as if Elon is never going to land on Mars. :/ I was skeptical too until the moment those rockets landed themselves back on earth. That was amazing. Did you see that footage? |
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To be truly effective, all these efforts require close international cooperation. Since crypto-assets know no borders, the framework to regulate them must be global as well. They are screwed. The moment they finally get that nailed down Elon lands on mars and thumbs his nose at them. |
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I just bought 10,000 XMR. Hope it will rocket
If too many more people do what you just did it definitely will. The supply side is thin around here. I don't think any other cryptocurrency has quite the cult of hodling zelots as monero. The people who buy monero don't tend to be doing it for a quick fast profit but for the long patient game. |
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I am glad to see what appears to be a little bit of balance. I understand the ideal of one CPU one vote, but many folks who would argue against ASICs will also argue in defense of botnets. The botnet defense usually goes like: "They are securing the network, and they are incentivized not to wreck it by their financial stake". This exact same argument can be used for ASICs. I believe the question at the heart of this idea is clear: Is it desirable to stick to the original 1 CPU 1 vote vision? And if so, is it FEASIBLE to continue to enforce that vision? With ASICs already in the wild it is a very valid set of questions. If the answer to either is NO, then arguably we should move towards not only allowing ASIC development, but making it as easy as possible. Disclaimer - I have been fairly firmly in the "original vision" camp for a long time. But over the years I have grown more amenable to considering other options. Yea I agree. If you cant beat them, join them. But only when you are sure that you can not beat them. We should try this plan to routinely alter the proof of work and see how that goes first. |
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Ya'know, those smug douchebags can mock and parody Bitcoin and crypto all they want. I'm sure Jamie Dimon and the big bank establishment is loving that shit, as it keeps the Average Joes away longer because they mock it, like Bitcoin and the whole space is just one big scammy joke, a short term fad that only idiots would get involved in. Mind fuck on Average Joe, mission accomplished.
But we'll have the last laugh alright... oh yes...
Yeah - to them, we're all Dan. Note that in the last depiction, Dan has a Lambo. Methinks they're just coming to grips with their jelly. I suggest we all buy matching belts so they can know us as the brotherhood of Dans. I thought his piece was really fair. And that says a lot because I really don't like that pretentious fart sniffer one little bit. This sector needs to be ridiculed. In many ways it has and is going the wrong direction. He attacked all of the nonsense that deserved it and none of the great projects that don't. And sure nobody likes Dan. But everyone wants to be Dan.  |
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The always on requirement of nodes might be onerous on individuals looking to make mundane day to day payments, hopefully that will be solved, but for IOT, industrial applications, business to business micro transactions, high frequency trading and dozens of other things I can't think of right now it is going to be no drawback at all and lightning could be a killer app for them right away. |
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Don't even engage that fucktard. But at the very least, have some respect for the rest of us, and don't quote it Ok, sorry, I fixed it  He is on my ignore list now so you don't have to worry about me engaging any more. |
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Imagine if a similar proportion of the daily liquidity in usd was dumped into FX markets over a couple of months. That would amount to roughly 700bn. Nuclear winter? Perhaps literally so.
Just wait until all the people trading in traditional financial markets are kids who cut their teeth on crypto. What would have caused panic, mass hystaria, and accusations of russion infiltration today will instead cause yawns, shrugs and quiet resigned sips of coffee. By the time all the kid who cut their teeth on crypto grow up - crypto will have subsumed the traditional markets. Well it will be a hybrid. Traditional assets will migrate onto blockchain but there will still be securities, bonds, derivatives contracts and equities ect... Things that are more traditional that they aren't generally trading right now. Your link is broken. @11:17 Oh sorry I think I mislead you. I think it's just my vpn putting me out of region for that channel. I watched it though. I definitely lold pretty hard at the jab at deep onion. |
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