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41  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 22, 2017, 06:46:54 PM
2 days and i still cannot withdraw xmr from polo. Just stays pending for many hours, so i cancel and try again and same happens.

Which other exchange is recommended for buying xmr?

Bitfinex. If you believe the FUD, they may explode some day, but until then, their service has been flawless for me.  Their deposits and withdrawals are processed lightning fast, so my funds are only exposed to counterparty risk for a short time. Liquidity, trading interface is second to none. Bittrex and Poloniex have both held my funds hostage and I don't trust them at all.
42  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 18, 2017, 07:41:56 PM
consistent xmr BUY on bisq.io in the last days at 5% more than market price. Seems to be the same entity accumulating (there are no corresponding SELL(s)) . I count 2M USD for the last two days' BUY(s) alone of approximately the same amount range (50 - 55 XMR) each.

https://imgur.com/a/7ricz

insider information?

That's one possibility. However, given bitcoin's fungibility problem, bisq.io is ideal for dumping dirty coins on an unsuspecting user.
43  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: November 22, 2017, 12:10:32 PM
I cannot understand why dash has any traction.  Can someone ELI5 for me?  It makes me concerned that I may be fundamentally misunderstanding, well, everything.

Dash has been successful in only one sense: Understanding that what the masses actually want is horseshit wrapped in a logo. The argument could just as easily be applied to many manifestations of mainstream culture: McDonalds, iPhone, Coke, Budweiser, Hollywood remakes, Disney, etc.

People generally love shit.

If there is wisdom to be extrapolated it is that Monero needs to be aesthetically as advanced as any other piece of crap out there, and the gift of privacy/fungibility can be injected to an otherwise ignorance audience regardless. Brand and image requires as much attention from the Monero intelligentsia as cryptography, and much like the establishment of the Monero logo (99 designs) it will most likely require pushing to visual design experts.

I say this, because I've been spending the last week or so redesigning the Monero subreddit which I intend to push to the community in the next couple of weeks. To be frank, the current subreddit looks kinda shitty, and it has sparked inspiration in me at least to review Monero's collective capacity to compete with mainstream brands. (It's do-able with the right mindset.)

Your efforts are much appreciated and incredibly worthwhile.

I agree with the thrust of what you say; Monero needs better marketing. That said, it must be in character and distinctive - Monero is special.


For me it's not so much about marketing as it is about branding and visual design. I can kinda do a lot of the marketing myself through word of mouth and other renegade tactics, providing the branding and stylistics are on point.

My golden rule tends to be: "Can I sell this to the girl next door and the Japanese?" If the answer is Yes and Yes.... then I know it's a winner.

"In the short term the market is a popularity contest; in the long term it is a weighing machine." - Warren Buffet

Dash is winning the popularity contest. Ethereum is similar. If cryptocurrencies are speculative ponzis, whichever project can attract the greatest number of greater fools will be the short-term winner.

If cryptocurrencies are the future of sound money and censorship resistant value transfer, then the weighing machine should strongly favor Monero. Either way - Dash dies. It's a guaranteed failure by either criteria. The verdict is out on Bitcoin and Monero.
44  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: November 10, 2017, 09:23:06 PM
Damn I wish I had a Bitfinex account and some liquid BTC, BCH just looks perfect for a Good short!
Is there really any time that BCH looks bad for a short?

about an hour ago. Lol Tongue

I guess I stand corrected. I really was not expecting that, although then again maybe that's why I don't short.

You have to remember there is atleast one irrational bitcoin whale out there who is trying to use his force of will to make BCH succeed because of his "principles". So that one could continue to surprise. I'll say this though. If he succeeds and causes the market to fracture in a big way or even worse cause BTC to lose all value and BCH to become BTC it will undermine our whole sector. We will look like a joke to outsiders. That price is already doing this but it isn't as bad as it could be. Yet...

Finally, someone get's it. I've been thinking this all along. All these people on /r/cryptocurrency hoping that BTC will fail, so that their own coin may thrive, are delusional. It's way too early for BTC to give up the reigns. This could set the cryptosphere back for years.

Completely agree. If BTC is successfully attacked by forking, it will be a severe blow to cryptocurrency. It's an attack vector I've worried about for a while. If a central bank wanted to destroy competition from Bitcoin, I would exactly follow the BCash playbook:

    a coordinated social attack to create confusion,
    fork the project to a coin you control, and then,
    use access to infinite fiat to win the liquidity war.

If they can successfully destroy bitcoins role as a store of value, then crypto will never compete with government fiat as a viable form of money. If cryptocurrencies devolve into payment rails and speculative ponzis, they become far less interesting than the future of money.

Cheering for the demise of bitcoin is literally cheering for the death knoll of all cryptocurrency. The only flippening that wouldn't cause me to liquidate all my cryptocurrency holdings would BTC -> XMR. Well, I'd probably keep 21 BTC for nostalgia  Tongue
45  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: November 01, 2017, 11:59:50 AM
What is the prevailing theory about the origin of the trolls in this thread? They seem to arrive mid-late bear markets, are completely belligerent, and speak in broken English. They are overly hostile and their methods are completely ineffectual. They are unique to the bitcointalk forum, and not seen in other public forums. I'm a long-time lurker on this thread, but I finally had to make an account so I could start blocking them so I wouldn't have to read their inane babbling.
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