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. Letīs 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. |
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What the h*ll is happening with Darkcoin? Its market cap is almost 100 million usd...
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I wish I got paid by him (however I think we should start paying him for the publicity).
The number of potential viewers are probably 100 times the Monero community (he has almost 1000 followers these days and growing).
I am sure vloggers and bloggers who have a good subscriber basis are something Monero needs for marketing since they tell the good stuff to average people and will take the interest of the coin from the level of geeks to the level of early masses.
LOL... you were saying that monero community consist of only 10 ppl   Actually there are 4. TrueCryptonaire, primer-, Donald Trump and Donald Duck. The level of humiliation goes up just before the drop. Happened also many times in the past. The truth is ... the humiliaton is the same as always... we just donīt like you. But that burden you brought onto yourself with so much nonsense in the past. To be honest, I think it has nothing to do with personalities (I know nobody from here personally). Therefore, if you humiliate the people posting bullish things it is simply a sign you have sold your coins and want to discourage the bullish talk so that your short position will be covered in a profitable manner. |
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I wish I got paid by him (however I think we should start paying him for the publicity).
The number of potential viewers are probably 100 times the Monero community (he has almost 1000 followers these days and growing).
I am sure vloggers and bloggers who have a good subscriber basis are something Monero needs for marketing since they tell the good stuff to average people and will take the interest of the coin from the level of geeks to the level of early masses.
LOL... you were saying that monero community consist of only 10 ppl Actually there are 4. TrueCryptonaire, primer-, Donald Trump and Donald Duck. The level of humiliation goes up just before the drop. Happened also many times in the past. |
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I wish I got paid by him (however I think we should start paying him for the publicity).
The number of potential viewers are probably 10 times the Monero community (he has almost 1000 followers these days and growing).
I am sure vloggers and bloggers who have a good subscriber basis are something Monero needs for marketing since they tell the good stuff to average people and will take the interest of the coin from the level of geeks to the level of early masses.
EDIT: Corrected typo.
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guys don't get fooled by that buy wall, I have to take off my hat to monero whales and thanks them for entertaining me so much and allowing me to improve my trading skills  Someone said in Polo trollbox that it is Donald Trump who is building the bid wall of XMR. If this rumour is true it is extremely bullish for Monero. But will it have a beautiful door? And is Mexico paying for it? I think it is for the purpose of preventing the free movement of coins - this theory is actually likely because we know he is in the business of building walls. Yes I think the people on the other side of the wall are the ones who are going to pay it.  |
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guys don't get fooled by that buy wall, I have to take off my hat to monero whales and thanks them for entertaining me so much and allowing me to improve my trading skills Someone said in Polo trollbox that it is Donald Trump who is building the bid wall of XMR. If this rumour is true it is extremely bullish for Monero. |
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I placed a ladder of buy orders on polo's XMR/BTC market at prices from .0035 to .0028.
The size of the orders increases linearly down the ladder. With a small drop in the price I will buy a small amount, with a steep drop the purchase size at each rung grows.
How do you do it?
Sounds pretty right way to do it IMO. By doing it in that way it enables your average price to be lower than buying the same amount of coins each on each rung. Whenever I am buying I am using similar strategy as well but for the sake of simplicity I hold the bitcoin number constant and let the lower price point to buy me more coins on each rung (however I am not buying nor selling my coins at this point). |
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Trading range has been 95+% from 1.80 to 2.20 USD, for a fairly long while. I doubt it can go as low as 1.80 any longer, though. That would take us all the way back to lows last seen...yesterday...which would be too terrible to contemplate, and hence impossible.
Every time people start to issue such frothy statements and want to believe in them, the end is near. This so reminds me of the situation in Bitcoin in late January 2013 when $16 was breached and therefore a new 1.5 year high was made, beating the Pirate high of previous year, and people believed it could never go to the trading range of $5-$10 again. Remember, just remember what happened and do not get sucked to the hype. Bitcoin was exceptional and it was very unlikely to take over in the way it did. Therefore, comparisons to bitcoin are probably good sales arguments when you are selling dreams to college kids but I advice not to put your life on those dreams. Monero has a lot of large holders who can dump their coins any time and cause the price drop even permanently. Bear in mind, if you invest in your money into XMR you are putting your life in the hands of Monero whales who can wipe your savings away any time. If you are willing to take this risk, then by all means, buy some coins after large rise. My advice is to buy low when Aminorex is not too bullish. |
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looks like TrueCryptonaire reverse indicators on your bullish comments might again prove to be correct soonish.
He was so many times wrong in this thread. But yes he made tons of posts so is hard not to be wrong. Last 2 days Monero price increase for 16%. It is unlikely to expect it will raise another 16% in next 2 days. But who knows. We will see in next 2 days. Like TrueCryptonaire used to say. I dont bother much with price since have nothing to sell anytime soon. Basically every time my posts are right. To claim it will drop 10-20 % doesn't imply it will not rise after that even higher. The logic behind the reverseness of Aminorex is that he pumps the price up by being bullish so that he can release some of his bags which he bought initially when the price was 0.001 1 year ago. The amounts of coins even a small number of bitcoins was able to buy were completely different so he must have pretty heavy bags. Bear in mind, also we have Warz here who is probably lurking now and looking for an opportunity to unload some sweetness on the community from his plastic bags. Even now we might say Monero has crashed - it used to cost 0.004 btc a few hours ago but currently merely 0.0038, so it has dropped 5 % from the peak. However, I am not personally concerned these short term movements and yes, no Moneros have been sold by me despite I am a short term bear.  |
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Warz will start dumping any time now. Bear in mind we are now in his selling zone.
Given the number of coins moved, do you think he has any left? Y'all are unduly pessimistic. This is not a high price. 2/3 of the initial emission are already gone, distributed. Try to mine some XMR and tell me how long to pay for your gpu. I think someone tried to short and they got squeezed. That is price Discovery. there is just too much demand and not enough Supply for the market to support a lower price. As long as 20K buyers come in on a regular basis and remove Supply we are not going to be able to retrace. One day it will turn bearish. Probably after a significant overshoot. Today is not that day. This price is not that price. And my bullishness is not because of the long-term value of Monero. Any present value discounting which deemed that the adoption of Monero in darknetmarkets was anything but a tail risk would be a multiple of the current valuation. My bullishness for the short-term is because of supply and demand. I admit that the evidence is limited and the error bars are huge but the best evidence is that we are currently visiting the central tendency of supply and demand curves. Once demand flags a corrective retracement is possible. So far demand has been uninterrupted since the ides of May. Moreover the conditions are right for XMR to rise because the cost of XMR is not denominated in BTC. It is denominated in kilowatt hours. And as long as it keeps requiring more BTC to pay for that energy the BTC price will fluctuate favorably. If the clearing price has risen 8% (in kilowatt hours) in the past month, it is probably because about 0.9% of the float has been removed from the market into reserves. That can hardly be surprising, given the bfx flap. I know that the event prompted me to reduce my market making stake, as it forced me to revisit the agent risk problem consciously. Some targets for XMR assuming price stability in kWh, at us$2.20, depending on how far the btc bear goes:. Btc@$537 -> xmr@412k; btc@$444 -> xmr@500k. Strong bearish signal. |
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Warz will start dumping any time now. Bear in mind we are now in his selling zone.
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In Finland one of the largest banks (Nordea bank) told today they are going to implement negative interest rates on the wealthiest depositors (for deposits over 1 million euros).
That could be one target group for Monero community - to sell the opportunity to store large amounts of money in digital form without paying any fees to the third party.
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MRW Monero price actually starts going up these days.  I don't know but I just have this feeling that there is a shoe that hasn't dropped. Regardless of any viewpoints on DASH, historically just about every major XMR rally is preceded by a DASH rally, usually by a few weeks. This is my observation, perhaps its merely coincidence but you decide. I'll be interested to see what happens this time.
Dash valuation is getting absurd. Short soon, in time to load up XMR? FOMO!
New whale I guess? Who's taking bets on when the dump hits?Might be also due to good PR XMR is getting. https://www.youtube.com/watch?v=i1q3rYJHqDE |
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Bullish, bearish or stagnant?
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So guys do you seriously think Monero will replace Darkcoin as # 1 anon coin?
Basically it requires close to ATH for Monero (assuming Darkcoin will not rise).
Pretty solid assumption to make. #1 by what metric? In terms of actually being an anon coin, Monero already replaced xcoin / Darkcoin / DASH. In terms of marketcap who gives 2 shits. I propose that in order to be #1 in market cap, we just airdrop 10 bajillion coins into a burn address. Because the total number of coins is calculated by adding up coinbase, and because we can't track where the coins go after coinbase, it'll work. Three cheers for gingeropolous. I speculate that we are soon to begin our climb to the moon. I'm hoping that this bail in news will tank prices enough to nab some monero in the $1.50 range (somehow). Marketcap is pretty much the only term you can compare the coins. Other terms are more "off-topicish". Correcting market cap by helicopter money is not legitimate thing to do. Numberwise there are 6.7 million Darkcoins mined, and 12.5 million Moneros mined. Therefore it should be easier to increase the market cap of Monero than with Darkcoin. There are simply way too many coins available for the markets compared with the rate of adaption, that's the issue why the marketcap is still pretty low. If 99 % of the coins were hovered from the exchanges, the price should be pretty inelastic to even tiny increase in demand. |
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So guys do you seriously think Monero will replace Darkcoin as # 1 anon coin?
Basically it requires close to ATH for Monero (assuming Darkcoin will not rise).
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