Wow....Huge shorts are going to open in this area....
Might see a big sell-off back to 0.002 maybe
Be careful buying a pump up coin
My thorough research indicates this region is a critical are for shorting
Good luck
I am slowly squeezing Moneros from the lending markets. I am sorry for not being able to meet your loan demand anymore. I am seeing the lending activities now riskier than never before. |
|
|
|
Do you think Monero will rise to 1000 usd/xmr? How realistic you guys see it reaching 1000 usd (assuming btc is more or less the same as today)?
Zero chance. Don't be greedy. I guess I am not able to sell any coins then...  |
|
|
|
|
Do you think Monero will rise to 1000 usd/xmr? How realistic you guys see it reaching 1000 usd (assuming btc is more or less the same as today)?
|
|
|
|
I wonder if the third time will be the charm. Kinda feels like it.
I think so. Bitcoin use is growing, but XMR is likely to displace a lot of the current use cases over the next 2 years, so selling seems stupid, so supply is likely to be tight and demand high. Yes there are some stupid or greedy holders, so maybe you can scoop the occasional dump, but mostly, no, not gonna happen. Dumping any coin without any serious reason is stupid. If you need to get rid of larger amount of coins, more profitable options are to arrange OTC trade or sell slowly to the markets if you do not want to reveal anything to your opponent. |
|
|
|
What do you mean?
There is around 50 % less Darkcoins (6-7 mil) issued compared with Monero (12 mil) so it should be easier to pump Monero's marketcap. Each 1 dollar rise represents 12 million dollar rise in Monero's and merely 6-7 million dollar rise in Darkcoin's market capitalizations.
Precisely this: Hes talking about what I like to call the ripple effect (since ripple is the poster child for this bait and switch). The price is a function of supply and demand (obviously) but coinmarketcap conflates currency supply for actual supply on the market.
[Dash Masternodes] .. So in effect this supply is locked out of the market. Even though in this case its a dash cartel locking away all of the funds rather than a single monopolist in the case of ripple, its the same effect.
I read the Anon's answear and it was well written, thank you. Also Monero is not that decentrilized when it comes to the owners. Probably Risto, Warz and a few whales control so high portion of the coin supply that they can wipe everybody out if they so want by dumping Monero literally to the lowest sections of Orwellian hell. So, the situation is fundamentally the same: In Monero the large owners are whales, in Darkcoin the large owners are the masternodes. |
|
|
|
Do you think thanks to her Darkcoin has a marketcap of 100 million?
You need to educate yourself on how coinmarketcap calculates marketcaps and stop being amazed by that arbitrary number. What do you mean? There is around 50 % less Darkcoins (6-7 mil) issued compared with Monero (12 mil) so it should be easier to pump Monero's marketcap. Each 1 dollar rise represents 12 million dollar rise in Monero's and merely 6-7 million dollar rise in Darkcoin's market capitalizations. |
|
|
|
As an outsider I'd suggest Amanda B. Johnson style marketing is in bad taste. It would do more harm to your cause than good.
Stay classy up there.
Do you think thanks to her Darkcoin has a marketcap of 100 million? |
|
|
|
... How people will find Monero if there is no marketing?  Word of mouth during the early adoption stage approximates exponential growth since the rate of growth becomes proportional to the number of existing users. That's probably the strongest form of marketing when people tell each other their own personal user experiences to each other. Therefore, I think the best form of marketing for a product like Monero is to bring it to the lips of vloggers and perhaps also bloggers with wide audience. |
|
|
|
So the first wave of darknet adoption is coming with 2 confirmed markets (Oasis, Alphabay) working on implementation. The rest will follow soon once they hear about it from more users. Fuck social media, ppc and ad marketing, we don't need that. We just need the GUI asap and then the best we can do is educate darknet users about the technology behind XMR. The word will travel by itself with some small initial help.
How people will find Monero if there is no marketing? |
|
|
|
|
If ATH will be ever reached, I think after that there will be very little to none resistance to grow.
At some point the mining will be a resistance (around 7900 XMR/day these days). On the other hand, there is an opportunity for margin long positions which will feed the growth.
|
|
|
|
|
I am happy the price is moving up. However, I hope it will continue like this for ever.
It is possible to have a coin that rises for ever. What it requires is constant demand which exceeds the supply, and the constant demand can be derived from the overall economic growth.
|
|
|
|
|
I am completely fed up with the cheap Monero. New higher trading range please. I am not resisting of going to the moon either.
|
|
|
|
Recent Bitfinex Hack Does Not Shake The Bitcoin ProtocolTo put things into perspective: a Bitcoin exchange being hacked does not mean there is something wrong with the Bitcoin protocol. Exchanges act as centralized companies who work in a decentralized environment. While they are not banks in the traditional sense, they are a place to buy, sell, and even store Bitcoin. Whenever a Bitcoin exchange is hacked, think of it as a bank losing money. If that were to happen, it does not make money wrong. Nor does it mean money is flawed at its core, as it is an isolated incident that has nothing to do with the ‘protocol” of money as we know it. The same applies to Bitcoin, as the technology powering the network is unhackable and far more secure than any other form of transferring value in the world today. READ MORE >>> http://www.newsbtc.com/2016/08/11/recent-bitfienx-hack-does-not-shake-the-bitcoin-protocol/ I think the hacks are showing the weakness of the protocol. Because bitcoin is decentralized and nobody can freeze the funds, these hacks will take place all the time and it basically prevents bitcoin to grow as many people become victims of the thieves and probably will not buy bitcoins any time soon again. |
|
|
|
|
I thought 2000 usd is a piece of cake for bitcoin in 2016 but it looks I need to postpone that goal to 2017 thanks to bitfinex scandal.
|
|
|
|
For $25 (with a $75 coupon) AdWords estimates I can get 50,000 clicks out of 1,500,000 impressions for this, on my keyword mix: Preview Anonymous bitcoin: Monero - Private, secure, and fungible Ad www.weuse.cashDon't expose yourself to criminals extortionists thieves. Protect your privacy. Page http://weuse.cash/2016/06/09/btc-xmr-zcash/Never having used it, I am not so sure of their numbers. Anyhow, just a thought. Adwords with appropriate keywords is a decent method of advertising but it is also, like any marketing, a long term process that need commitment for a few years to bear the fruit. |
|
|
|
Lol, if you try to avoid Israeli inventions you basically need to move to the cave. You are probably using computer that has many Israeli inventions inside.
You miss the point. It's not a boycott of genocide. It's avoiding a honeypot. That was not the point. The point is they are known to be the best in sciences (around 30 % of Nobel Laureates are Israelis). Basically anything that the civilized world is using is invented by the Israelis. Therefore, why a crypto invented and developed the very same people would be somehow worse...? When it comes to speculation and making money (which is the theme in this thread), it doesn't so much matter if there are some backdoors for someone. Even Monero crypto is breakable for sure. I am not saying it is easily done but nothing in this world is perfect, nothing. Not even Trezor cold storage for bitcoins. |
|
|
|
|
You guys really are convincing me to buy Zcash...
Yes, I am looking for profit and I will go where it can be found and I am not seeing any unethical thing that Mossad is taking part in developing Zcash, actually it is a bullish for the project since they have the brightest minds of the brightest (it is not easy to get a job from Mossad).
People are having similar arguments on Darkcoin but despite this, it is pumping up. Therefore, they are doing obviosuly something right and Monero community something wrong (still in the very same trading range since late 2014).
|
|
|
|
I still don't get why people don't talk about the elephant in the room in regards to Zcash.  http://www.scipr-lab.org50% of Zcash are Israeli ex-military cryptographers, aka Israeli SIGINT. How can anyone trust that? Lol, if you try to avoid Israeli inventions you basically need to move to the cave. You are probably using computer that has many Israeli inventions inside. If something, the involvement of the brightest minds and businesspeople, should be a bullish sign and to me it is a buy-signal if Israeli brains are involved because most likely it will succeed.  |
|
|
|
Is now a good time to buy XMR or do you guys think it will come down some and offer a better entry.
Chances are it will come down quite a bit after zcash promotion engine starts revving up. But will it be a good entry I don't know. So are you basically saying Risto starts dumping his Moneros because of zcash promotion?  |
|
|
|
What the h*ll is happening with Darkcoin? Its market cap is almost 100 million usd...
I suggest do a XMR collect, send it to Amanda B Johnsons in a multisign fashion and release it to her only when she pumps it to the stratosphere. Let´s brainstorm the details Actually I like the idea. Just raising bounty for Monero marketing for 3 years. 200 XMR/day for pumping would be released. It costs 219 000 XMR all together, and probably it will be bringing tons of new blood into the community. It can be indeed Amanda B Johnson or someone else. I do not really care but the important thing is that the word gets out. 200/day seems a bit too much. We are looking for a truly believer, not a mercenary. 50/day during lets say 6 months, coinciding with the feb dates is, I think, more than enought. 2-3 videopodcast per week. I really like the Amanda profile, as she knows enought about crypto cogs and she has a nice flow in the communication department. Watch: https://www.youtube.com/watch?v=wMamUypjrZ0I think 6 months is way too short period... In the beginning it takes time people even find the vids, after the follower base is somewhat decent it takes also time for people to adapt a new paradigm. For smarter people it takes less time than the average people. However, I think 6 months is way too short period of time. Social media such as Youtube is definetely the way to attract the large masses, perhaps also traditional blogs as well (from the blogs more sophisticated people are attracted because those people tend to love reading). |
|
|
|
|
Show Posts
