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1  Alternate cryptocurrencies / Speculation (Altcoins) / Next Pump: Litecoin... on: March 30, 2017, 02:06:17 PM
Next Pump on Polo: Litecoin...
1600 BTC BUY Wall
2  Alternate cryptocurrencies / Altcoin Discussion / Reminder: Monero can fall 70% or more, and that's ok on: March 29, 2017, 06:16:49 AM
a post from:

Before I begin, I should say that I don't fit a traditional "trader" profile. As an investment, I really only buy-and-hold Monero as a store of wealth, particularly as a hedge against global calamity. Eg: if the Western world goes belly up, and as long as there is still electricity and things haven't devolved into Mad Max, then my Bitcoin and Monero investments will probably be ok.
That said, I do pay close attention to the price. But not for the usual reasons like trading. I'm not gritting my teeth at every drop, wondering if I should move my XMR to cash. The fact is, I sort of waved goodbye to the dollars I exchanged into crypto. If I lose it all (for example, if SHA-3 gets cracked tomorrow) I'm ok with that, and on some level I won't even be surprised. Cryptographic standards are notorious for getting broken. In 1993 SHA-1 was published. Ten years later it was broken. In 2001 SHA-2 was published. It has already showed vulnerabilities this year. Yes, Monero and Bitcoin possess a certain degree of antifragility, but really it's all pretty tenuous. In a nutshell, I really only pay pretty close attention to the price because I enjoy the wild story of Monero. At the end of the day, it's still just fascinating beautiful complex speculative magical internet money. And I love that.

Anyways, I wanted to write a small post here to encourage new fans not to bail on this wonderful currency just because the price drops. As in, the price dropping by 70%. What was the latest new high we experienced earlier this month? $25/xmr? It could very well drop to $7 in 2017.
I say this because it has done that in the past. I was there during the last big drop, and it was pretty rough. In August of 2016 Monero was accepted on Alphabay, the first coin besides Bitcoin on the DNM. It shot up from $2.50 to $15 in under two weeks. That's 600% gains in 13 days. Boom:

Not gonna lie, it was awesome. IRC was a total party. A whole lot of people there, myself included, couldn't believe what we were seeing on Poloniex, night after night. We had believed this coin would eventually get the recognition it deserved, but it was still pretty nuts to watch when it happened. But once the exuberance died down, a lot of us began to calculate our winnings more seriously, and began to assume that $15/xmr was the new normal. After all, it had happened so easily. Little did we know how long and painful the drawdown would be over the next few months. Because it fell, week after week, for two months straight:

Not only did it fall for a long time, but it fell really far in value too. Our coins, once worth a glorious $15, were now worth a pathetic $4.38. A drop of over 70%. Oof.
But then, without much noise, Monero did bottom. And then the price (really, the demand for Monero) slowly began to rise again, and another two months later it recrossed that $15 ATH of August. Two months down, two months back up. I suppose there are a few people who simply got lucky and sold at the tops and bought at the bottoms, but most of us simply held. I certainly did, and have no regrets for doing so. Active trading, ie: trying to time the markets, is largely a game of chance that rewards few, burns more, and wastes the time and energy of everybody else. So really, buying and hodling is the healthiest option that most of us have.
My real purpose in writing this post is to help people realize how brutal cryptocurrency can be. It's like the 2008 financial crisis (where stocks fell 60-70%) every year in here.
In closing, take a moment to think about how much cash (in dollars or euros, etc) you have locked up in Monero right now. All of it. Your cold storage and hot wallet and MyMonero and on the exchanges. All of it - converted to dollars. Got it?

Use a calculator and multiply that number by 0.3 (reducing it by 70%)
Now take a deep breath, look at that hypothetical balance, and ask yourself one simple question: Would you be able to handle that loss without selling? Could you still sleep at night? Would you still be able to afford your rent or mortgage payment throughout the year? If not, you probably have too much money locked up in Monero. Yes, this cryptocurrency is awesome, but it's not worth your health or sanity. So take a moment to think what amount would be more healthy. Then go sell a little XMR on Polo to get to the point where you could handle a 70% drawdown.
Then move it into a paper wallet and never sell for years and years. Come back to /r/xmrtrader and /r/monero and have the fun this community is known for. Because despite that four month period of ugliness in 2016, the price eventually soared and hit new highs, and here we stand today around $18. And it'll probably fall again tomorrow. But I'm OK with that. This is the most interesting cryptocurrency on earth, backed by some of the most talented dudes I've ever had the chance of interacting with. As long as these fundamentals stay great (and I think they will), we have a bright future ahead of us.
3  Bitcoin / Bitcoin Discussion / Bitcoin Exchanges Unveil Hard Fork Contingency Plan on: March 17, 2017, 06:53:28 PM
A group of nearly 20 exchanges has released contingency plans in the event that the bitcoin network splits in two, creating two competing currencies.

The exchanges are now planning to list Bitcoin Unlimited (BU) as they would an alternative cryptocurrency, according to the statement. BU is an alternate implementation of the bitcoin software that seeks to expand the block size in an effort to scale the network's capacity.

4  Economy / Computer hardware / [WTS] BAIKAL MINER X11/X13/x14/x15/DASH on: March 14, 2017, 10:25:08 AM
Hi Guys

I WTS my BAIKAL Miner. Its nearly a new one, he was 2 monts running.

Price 600$ in BTC or XMR, your joice (on aliexpress for 839$)
+ 25$ for Shipping

Include: BAIKAL Miner + EUROPE Power supply.

Baikal mini 150M Miner
Algorithm : X11 / X13 / X14 / X15 / Quark / Qubit
Hash Rate: 150MH/s(±10%)
Power supply: DC 12V 5A Power Adapter with @2.5 DC Plug (Not included)
Interface: Ethernet
Operation Temp: 0 -40 ℃
Dimension: 140mm (L) x 100mm (W) x 95mm (H)
Weight: 475g

Contact me

5  Economy / Digital goods / 🔥🌟MONEY MAKING GUIDE's - easy ways to earn 50-250$ a Day 🔥🌟 on: December 17, 2016, 05:28:22 PM
hi guys

i want to sell here 4 guides for making money online easy and fast

- you need little bit online advertising know how
- 100% legal method


Money Making Guide up to 250 Dollar a Day:
Bank Gold Money Making Guide:
How to Make Money with Skype 30-40 USD Day:
Make Money With Pay per Install:

all 4 guides for 8 dollars!

i send 1-2 members here a vouch copy for feedback

6  Economy / Digital goods / 🔥🌟MONEY MAKING GUIDE - Make $150, $250 a Day - friendly Method 🔥🌟 on: December 17, 2016, 02:50:32 PM
A Lot Of People Try Making Money Online But They Fail For 3 Reasons:
They Don't Know How
They Can't Invest
They Try & Fail And Lose Hope

My E-book Will Show You All A Idiot Proof Method That Can Make You Easily $50 An Hour.
No Investment Needed!

100% Guarantee That This Guide Works

AUTOBUY: --> 3$ 0.004 BTC

i send 1-2 Free Samples, send me a PM!

7  Alternate cryptocurrencies / Mining (Altcoins) / Monero Solo mining on: December 11, 2016, 01:54:36 PM
can anyone help me in this topic?

i do all thinks what the guy said but the miner crashes and dont start with daemon+tcp

thx for help
8  Alternate cryptocurrencies / Altcoin Discussion / ETH & ETC Network issues on: November 24, 2016, 06:09:27 PM
Waking up to see a lot of information, potential disinformation on twitter. Rumors of another emergency fork, after "Spurious Dragon"?

Need comments by Developers.
9  Alternate cryptocurrencies / Mining (Altcoins) / Shut Down X11 Miner? on: November 17, 2016, 03:11:18 PM
Hi Guys

i Mine on with my 150 mh/s Asic Miner. The Profitability is down atm
All Altcoins not worth to mine atm.

You have also this problem? Maybe the bitcoin is to high?
10  Economy / Computer hardware / [WTS] G-Blade Gridseed 5.2-6Mh/s,Litecoin ASIC Miner on: September 12, 2016, 09:00:39 AM
Hi Guys

i want to sell my G-Blade Gridseed Scrypt miner.
you will mine with 5.2-6mh/s


Price: 60 USD in Bitcoins or Monero XMR + Shipping Cost in your country!

Pls PM Me
11  Economy / Computer hardware / [WTS] G-Blade Gridseed 5.2-6Mh/s,Litecoin ASIC Miner, on: September 11, 2016, 10:40:34 AM
Hi Guys

i want to sell my G-Blade Gridseed Scrypt miner.
you will mine with 5.2-6mh/s


Price: 60 USD in Bitcoins or Moreno XMR + Shipping Cost in your country!

Pls PM Me

12  Economy / Computer hardware / [WTS] Nintento 64 Games on: July 31, 2016, 11:02:45 AM
Hi Guys

i want to sell my last N64 videogames!

pls send me your offer via PM!
i accept only btc

here the pictures:

13  Economy / Digital goods / Pokémon GO Accounts on: July 25, 2016, 10:01:07 AM
Hi Guys

Buy Pokémon Account now!
Here you can get a new Pokémon account that enables you to enter the fantastic world of Pokémon GO with absolute top preconditions.
You will receive the information about your new Pokémon Account with PM after successful payment
Level 10
40 - 60 Pokémons
7000 - 11000 stardust


10 USD in BTC!

14  Economy / Digital goods / [WTS] 12 Month Valid Spotify Account on: July 20, 2016, 11:06:26 AM
Hi Guys

Im Selling (i have 2) 12 Month Spotify Account
i Accept only BTC!

Price: 20 USD

Contact me with PM

15  Alternate cryptocurrencies / Altcoin Discussion / Can the ETH Hard Fork Fail? on: July 20, 2016, 07:40:07 AM
Can the ETH Hard Fork Fail? Its a speculation question
16  Alternate cryptocurrencies / Mining (Altcoins) / Cryptonote Mining Pool on Virtual Box on: July 26, 2015, 10:20:31 AM
Hi all

Its possible to run the cryptonight universal pool on the virtual box?
can anyone support me? i have big problems to setup the pool.

i do all steps from
but it dont will work! when i start the pool with "node init.js i become an error.

thx for support!
17  Alternate cryptocurrencies / Mining (Altcoins) / Cryptonight Solo Mining on: July 17, 2015, 09:04:19 PM
Hi Guys

Anyone can say me how i mine cryptonight coins solo?
i prefer XDN Digitalnote for mining solo.

18  Alternate cryptocurrencies / Mining (Altcoins) / CPU Miner like Antminer for Bitcoin? on: June 30, 2015, 12:00:53 PM
Hi All

it exist an cpu miner like antminer for CPU mining?
you know good hardware for CPU mining only?

I want to mine only altcoins with cpu like XDN
I search an simple hardware who mines only with cpu

with my intel i7 I have 280 h/s but I want more!
19  Economy / Service Discussion / EMICOIN Pending Withdrawals?? on: June 29, 2015, 06:59:49 PM
Hi all

anyone has also this problem that EMICOIN dont withdrawal the BTC's?
Are the Scam? Problem since 23. June!

20  Alternate cryptocurrencies / Mining (Altcoins) / Which Altcoin you are Mining? on: June 13, 2015, 10:02:53 AM
Hi All

Question above

Which Altcoin you are Mining? which is the most profitablest altcoin?
atm. im mining bytecoin
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