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81  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 04, 2017, 01:29:44 PM
BTC goes up, XMR goes up.
Lovely isn't it.

Certainly a nice change! Reminds me of some alts in 2013...
Which brings up a question:

I've been using both XMR's USD price and it's "BTC price" when following XMR (rather recently doing both). I had just been doing the latter, but since you can buy XMR on Bittfinex (is it?) for FIAT, I might as well consider that but how much? How do you all view this? Is 80% of XMR bought with BTC or ? Any stats available?

I wonder as BTC continues this rise, at some point people are going to start evaluating XMR more in dollars (as that is "stable" and perhaps more familiar to the masses), it will be available at more places for cash purchases, and so we are going to want to separate, as the initial determiner the BTC/XMR ratio, but that is just my thoughts right now. I'm open here, just wondering...

IAS
82  Economy / Speculation / Re: $700 HIT ^^ TARGET 900-1100 on: October 29, 2016, 03:44:36 PM
Cliff High, the internet web bot algorithm guy, around a month ago or so, said once we break $700, look for $800, on our way to $1000.
We will go above and below $1000, but finally never fall again below it.

He also mentioned Gold and silver exploding. His Bitcoin price target was something like $12,000 per coin...
83  Economy / Speculation / Re: BTC is overheated. I OPENED SHORT postition on: October 29, 2016, 03:40:55 PM
All indicators shows that it is time to leave the train.

SHORTS OPENED..

And what indicators might those be?
Currencies around the world being inflated?
Banks nearing collapse?
Gold and Silver rising?

If you look at Bitcoin like a stock, you are going to get burned again and again.
84  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: September 11, 2016, 11:10:09 AM
I heard there is a fake mymonero site. The fake site URL ends with .co instead of .com

Maybe you accidentally logged into the fake site and they got your password?

Oh shit... it's still online and looks totally legit. I hope you didn't get scammed Birr...  Cry

Edit - scour your browser history asap! Sad

You can send him messages I bet. I doubt he has it automated. What ever you type in as a mnemonic he will read it.
I saw the warning about mymonero.co as soon as it was posted on these forums.  I've used mymonero.com several times since then.  I never went to mymonero.co.  Whoever got into my account, it was somebody else.
The last two or three times that I used mymonero.com, it wasn't syncing.  It would say your account is 10 blocks (or whatever) behind.  Then the number of blocks behind stated by the error message would increase gradually..  So in effect it was frozen. Something was probably interfering with my connection to mymonero.com, preventing communication.  That could be what made it look like the blockchain wasn't syncing.  If there was a man-in-the-middle attack, maybe that would explain the lack of a connection, I don't know.
It would be good to figure out what happened, if not for my sake then to prevent it happening to others.
Fluffypony said in his response to my support email that the server has not been compromised. I don't think I can ask or expect him to spend much time on this.  Maybe there are people with some expertise here who are more interested.

Really Sorry for your loss Birr. I hope the thieves get to see this - and I'm sure they read these boards, dare I say post.
I would be very careful on your computer. I am not a security expert but if they got in through the VPN that would mean they got to your computer I think.
Data is not passed between your computer and Mymonero, I think that is all client side. I would use another computer and have an expert look at your current system.
There is a chance you have a keylogger or clipboard logger on your machine I would think but ask the experts.
85  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: September 08, 2016, 10:00:20 AM
MONERO EXPOSED

Monero scam Part 2.

Before i reveal the story about monero scam on alphabay and their admins involvements get ready for heavy dumping on monero price before the ending of September!!!



Maybe you should first tell us about your DASH holdings and frustrations with Monero passing it up.
I think in there you will find the real scam.  Grin
86  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 06, 2016, 02:15:29 AM
There has been an influx of 600.000.000 fresh $ to the crypto market within the past days.


The entry door is very likely through Bitcoin. Given the current trading volumes, it is not crazy to suspect that up to 50% of this money is supposed to be traded into Monero.

Therefore we'll see a market cap. decline of Bitcoin somewhere around the $300 million range. This money will go into Monero within the next days. Let's just assume that a lot of profit taking will be going on.

Everything you said made sense except the decline in btc market cap.  Surely the influx of fiat into btc is raising btc's market clearing price and hence market cap.

Fiat flows into btc. BTCUSD goes up.  Btc flows into XMR.  XMRBTC goes up.  End of story until new flows occur. Btc wins, and monero wins².  Only fiat loses.

Yep. I was thinking the same thing. Well said.

Anyone watching the ticker here? Really seems like Monero is being walked up.
Gonna break this symetrical triangle (4 hour chart) real soon...
87  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 05, 2016, 12:25:59 PM
What potential conflict of interest were you referring to? What do you believe to be Roger Ver's true motive? Do you believe he made a substantial investment in Monero, which was more than in any other altcoin?

Roger Ver is an investor in zcash: https://z.cash/team.html

I've just been looking at the zcash site -- they all seem like a very shiny bunch, about as far removed from the ideals of the early BTCers as you could imagine.  My first impression was...the Apple of crypto and it makes me wonder why such a bunch would be interested in privacy.  They seem quite forthright that they are in it for the wealth.

But I suspect a lot of funds will flow from the PnDpers who will see a ground floor opportunity.

I just don't trust them. A "legitimate" anonymous cash, in the end, I just don't think will be anonymous. You can be sure the agencies are following them closely, if not involved (though I do believe the source will be made public?) I just think they must have been compromised along the way - we are talking enslavement, I mean money here.

I'm sure a lot of work is going into here: https://z.cash/blog/auditing-zcash.html

Yes,  I completely agree with those thoughts.  There is something of a disconnect as if you are being sold something illicit by a bunch of people who work in the criminal justice system. 

What seems so disappointing is that so many* of the younger folks here seem ready to follow this rather than XMR.

*completely anecdotal judgement based on a small and unscientific sample

Heavily premined coin plus the fact you need to trust them 100% to have destroyed the initialization seed made me decide to not buy Zerocoin at all. Even though purely technical it's math is superior to Monero. But with Moneoro I don't need to trust anyone (let alone untrustworthy people!)

You and I might feel that way but will the rest of the market? ZCash will be the New Kid in Town and, as such, the Poloniex kids are going to love it. The market thrives on shiny new coins and ZCash will be the shiniest of them all given the money and backing it has.

I admit that I'm worried it will affect Monero's recent rise.

Yeah, there will be that new interest for sure. And even some larger money might move in. Really hard to predict where this space goes but I get the feeling some "directed money" is going to be a distraction. If that seed is at all compromised, and who is to say they can't Patriot Act their way into it, then it can be the perfect Trojan Horse for a continuation of their Surveillance State.
88  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 05, 2016, 09:06:15 AM
What potential conflict of interest were you referring to? What do you believe to be Roger Ver's true motive? Do you believe he made a substantial investment in Monero, which was more than in any other altcoin?

Roger Ver is an investor in zcash: https://z.cash/team.html

I've just been looking at the zcash site -- they all seem like a very shiny bunch, about as far removed from the ideals of the early BTCers as you could imagine.  My first impression was...the Apple of crypto and it makes me wonder why such a bunch would be interested in privacy.  They seem quite forthright that they are in it for the wealth.

But I suspect a lot of funds will flow from the PnDpers who will see a ground floor opportunity.

I just don't trust them. A "legitimate" anonymous cash, in the end, I just don't think will be anonymous. You can be sure the agencies are following them closely, if not involved (though I do believe the source will be made public?) I just think they must have been compromised along the way - we are talking enslavement, I mean money here.

I'm sure a lot of work is going into here: https://z.cash/blog/auditing-zcash.html
89  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 05, 2016, 07:07:48 AM
Am I the only one who thinks buying a coin that is still 10x what it was 20 days ago is ludicrous? Apparently so by today's pump debacle.

Can your argument really be based on a 20 day period though? What about the larger period. Monero has been around a while, one can say it slipped through the cracks for most of that time. And now Big Money, apparently, has gotten involved. We know as fact that Roger Ver is, so probably some people who are either cohorts or of like stature, financially.

So, are you also going to argue for Monero being undervalued the years prior, or does your argument just qualify for the period you don't like?

Seems like you picked a period you don't like and ignored the larger one that is just as meaningful. (Oh, and the tech is NICE  Grin)
90  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 03, 2016, 08:38:40 PM
Dat dump doe

wowza.... looks like around 40k XMR just got dumped.  Shocked

I don't doubt that is big money defining a line here.

40k when we did FIVE MILLION volume in the last 24h doesn't really register.  Of course, one or two have been sold since then  Cheesy

Yeah, but when you are doing as much volume as we had today on a rise and comparing that to a really short period on the drop that seemed to happen as 1 big dump, that is different.
I don't know, didn't look, but were there dumps that large during the leg up today? I got the feeling it was way way smaller that that but I didn't look much, so maybe I stand corrected.

edit - RayX12 - Could be...
91  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 03, 2016, 08:33:38 PM
The dump happened at the exact same time btc shot up. 


Pull up the charts on Bitcoinwisdom. It looks like the Dump on Polo was a full hour before the rise of BTC.
92  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 03, 2016, 08:25:04 PM
Dat dump doe

wowza.... looks like around 40k XMR just got dumped.  Shocked

I don't doubt that is big money defining a line here.
93  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: September 03, 2016, 01:33:08 PM
Yes I never understood why DarkCoin (oh sorry Dash or any of the other names it has had) had a far bigger market cap than Monero. If markets would be deep and exchanges stable short Darkcoin long Monero was long the perfect trade (of course we have neither so shorting in crypto land is ill advised).

Then again I also don't understand why ETH, ETC and Ripple (not even a crypto) have larger market caps right now.

Darkcoin/Dash had a pretty good idea - primarily the way they used rewards to fund things. And the instamine holders seemed to not dump too heavily (as the price rose) and since they did their fair share of what amounts to advertising, a lot of buyers came in. It really did sound good to non crypto people.

Well, the Monero guys really put out some quality posts regarding the shortcomings in DASH. That saved a lot of people, really.

Regarding ETH and Ripple, I got that - with Ripple it was "legitimate" bank use, sky is the limit. With ETH, the next great Crypto tech.
This space is just a baby and some of the before mentioned may still "succeed" - depending on your definition.

I think it is hard for people to grasp what this space is, even those deep into Crypto - WE DON'T KNOW WHAT THIS REALLY IS AND WHERE IT IS GOING. It is truly a Black Swan and more baby black swan's are coming. Bitcoin might be 10's of thousands of dollars in a few short years. Monero might be a few hundred. And there may be a host of many more in the 10's...

And there will be tech coming, who knows what, that is different - just like ETH/LISK, Factom, etc. that will succeed. So, I won't get overconfident and say "I know..."

DASH is centralized, Ripple is even more centralized (it's not even a crypto) and ETH is Turing Complete which is a bad idea for many reasons.

DASH is as centralized as the master nodes allow (and they allow lol). I just don't like it for a host of other reasons.
I know that about Ripple, my point was it attracted money for the legitimacy reasons.
ETH - Yep, they made that mistake but without that mistake there is no ETH. Perhaps another does it a bit better than them. This tech still might work, but I ain't holding ETH/ETC.
94  Alternate cryptocurrencies / Altcoin Discussion / Re: Beware of so-called "anonymous" coins (XMR, SDC, AEON and DASH) on: September 03, 2016, 01:25:33 PM
This is a VERY YOUNG space and we know not where it is going.

No one with their right mind could argue with that. Fiat money needed like a thousand years to to prove their flaws. That is why I am creating such threads from time to time. People should think before they act. Its not like I'm cheerleading some coin or ask for their money.

Not sure that you took my post the right way - My post was meant to be more informative.
I don't think there are many fiat monies that lasted much past a hundred years. A few yeah, not many and it looks like we have a few about to go boom.

The title of your thread is "Beware..." and I'm sure most in this space know of the risks, but the biggest risk right now is the economy in general and not hedging ourselves.
I would for sure be risky of the newer alts as well as DASH, but Monero, by all accounts seems to be solid.
But if I was just getting into the game, I'd go to Bitcoin and only put 5%-%10 into alts. (And I would be real real careful security wise.)

Lastly, and I've said this elsewhere, I make no qualms about these Crypto's being our saviour. They are not, they are just a step in the right direction.
95  Alternate cryptocurrencies / Altcoin Discussion / Re: Beware of so-called "anonymous" coins (XMR, SDC, AEON and DASH) on: September 03, 2016, 11:46:22 AM
Monero broke number of records (price, trade volume), but it looks like many people believe that SDC and AEON will follow its trend. One can argue if the XMR growth can be called "organic", but my personal opinion is that this is a pure speculation. Both ShadowCash and Aeon have never reached such prices and volume (you can check their history) and I think that investing in them at this point could be called dangerous.  

I'm not sure who is going to "win" the "war" between anonymous digital currencies, but you should think twice before deciding to invest in some of them.
P.S. Personally I don't really care about any of these coins (i.e. if they succeed or FAIL).

Cheers,
Spartak

This is a VERY YOUNG space and we know not where it is going. We don't even know what Bitcoin is going to amount to. But thus far, with all the economic problems (e.g. helicopter money, negative interest rates, governments attacking cash, etc.) it is clear Bitcoin has a role. If nothing else, wealth protection. But apparently so much more.

Well, now it seems that Bitcoin is not only traceable but that mixing services are being attacked (see Roger Ver's comments on that.) I don't see Bitcoin doing a hard fork anytime soon for anonymity. They/we are worrying about the block size fork/update. Just as TOR can save lives with information, perhaps Monero can also save lives financially. Looks like people are telling the government, essentially "We have nothing to hide, but nothing to share either" and until transparency goes where it belongs (follow the corruption at the top), we need to do our best to, dare I say, save ourselves.

I see Monero as a HUGE hedge against Bitcoin as it really does appear that States are watching (and dare I say influencing) Bitcoin. The last thing they want is something they can't easily control, monitor, etc. (And I would only expect them to infiltrate and manipulate Bitcoin for obvious reasons, namely it is their job and if you read those FBI docs, it is business as usual). These anonymous currencies are perhaps, the next step up in the game.

Dash's tech is just not tested and the node method of mixing is legally an attack vector. And don't get me started on the instamine.
I'm not sure on the others you mention but Monero is older tech, as well tested as any mid level Crypto in the arena.
Sure, lots of speculation going on, but Roger Ver stating Monero is going to $50-$100 - perhaps that really got the other Bitcoin whales involved. (odd timing) https://forum.bitcoin.com/monero/monero-price-speculation-thread-t10274.html#p29049

I just don't think the Monero rise is a pump. If it is, man, it is larger money than we have seen outside of BTC. (For the record, I don't think ETH was a pump at all.)

Yeah, I'm in Monero and have followed it for years but the tech is real and the community, for the most part, is humble and tech savy...
96  Alternate cryptocurrencies / Speculation (Altcoins) / Re: LISK price speculation on: September 03, 2016, 11:22:41 AM
Community forging will be released in 3-5 updates (2-4 weeks/update) https://blog.lisk.io/lisk-community-meeting-summary-august-27th-4921a7e1fb1b#.m2szse6o1

As of SDK release

Quote
Max: I want that everyone can start developing functional and stable blockchain applications at New Years Eve. Right now it’s working, but only for prototyping and experimentation. The sidechains are not stable for serious apps.

I speculate that making the sidechains stable will give them a lot of headaches. Imagine a million of them running at the same time. It would for sure make dapps have errors making them almost useless and buggy. The Lisk development team should take this all slowly and do not push things in a hurry. It is also possible that they have too much in their hands right now.

Multi threading seems to be a pretty standard piece of tech and I'm sure the sidechains is just an extrapolation of that.
Put it this way, what sounds like more of a headache:
A - Having all applications run on one blockchain (essentially one large computer - too inefficient for large dapps but nice for small ones.)
B - Having each app have it's own blockchain (Obviously beneficial for larger dapps and much more flexible as well.)

Is stability really an issue? I mean what is the underlying cause of instability. It is not like each side chain is running on all computers. That would be a problem.
The burden of the sidechains seems to be the hardware (or the code), not the actual sidechain, that is just the tech. Have a problem, reboot the sidechain/code.

No one really knows but I am not concerned much about stability. I am a bit concerned about DAO type blunders. Need to be careful there.
97  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 03, 2016, 11:11:50 AM


Not bold enough to say this going to bubble but moving averages showing signals of trend reversal.
ma10,20,50 having positive scope, ma10 crossed ma100 and ma20 is on its way.
Also the durations of MACD reds have declined and volume is increasing.

So from ta side I am happy to be long Smiley about fundamentals you guys have more information.


I like this  Smiley

How did you get so many MA's on a Bitcoinwisdom chart? Very nice, I'd like to follow that...
Nice call btw.
98  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: September 03, 2016, 10:27:32 AM
Yes I never understood why DarkCoin (oh sorry Dash or any of the other names it has had) had a far bigger market cap than Monero. If markets would be deep and exchanges stable short Darkcoin long Monero was long the perfect trade (of course we have neither so shorting in crypto land is ill advised).

Then again I also don't understand why ETH, ETC and Ripple (not even a crypto) have larger market caps right now.

Darkcoin/Dash had a pretty good idea - primarily the way they used rewards to fund things. And the instamine holders seemed to not dump too heavily (as the price rose) and since they did their fair share of what amounts to advertising, a lot of buyers came in. It really did sound good to non crypto people.

Well, the Monero guys really put out some quality posts regarding the shortcomings in DASH. That saved a lot of people, really.

Regarding ETH and Ripple, I got that - with Ripple it was "legitimate" bank use, sky is the limit. With ETH, the next great Crypto tech.
This space is just a baby and some of the before mentioned may still "succeed" - depending on your definition.

I think it is hard for people to grasp what this space is, even those deep into Crypto - WE DON'T KNOW WHAT THIS REALLY IS AND WHERE IT IS GOING. It is truly a Black Swan and more baby black swan's are coming. Bitcoin might be 10's of thousands of dollars in a few short years. Monero might be a few hundred. And there may be a host of many more in the 10's...

And there will be tech coming, who knows what, that is different - just like ETH/LISK, Factom, etc. that will succeed. So, I won't get overconfident and say "I know..."
99  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 03, 2016, 10:18:26 AM
A picture is worth a thousand words. Damn....

100  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 03, 2016, 10:08:32 AM
This buy book just keeps reloading - I don't think this move is done by a long shot.

Sat there and watched the orders coming through on Poloniex last night. It was just too heavy, too consistent.
Reminding me of Bitcoin in 2013.

Now, there can indeed be some big pumpers coming in but they are hiding their actions well as the orders are all different sizes and mostly less than 500, 1000 in size.
My impression, especially in light of Roger Ver's words, is that other whales are moving in and this is NOT a pump. This is a movement of some wealth.
And LOT's of smaller investors are following suit.

We are going into uncharted waters regarding the BTC/Crypto ratio.
Basically, we are seeing the next BIG Crypto rise - we don't know where it will end, enjoy the show...
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