That armstrong thing is just a facebook joke from few years ago. not news
Hence the I guess it missed...
|
|
|
Yes, the XMR rise is long overdue. I mean it went high since ICO but there is so much upside potential because it mostly went sideeays the last two years.
Moron. We're being flooded with bot accounts again, I think. Or there's something in the water... Trolls, to some degree I understand. These stupid posts though... Shut off the sigs and watch the bitcointalk.org daily post count drop by 80%
|
|
|
A different question, now: how do you invest in precious metals? Do you actually buy silver and gold ingots to store, or do you purchase ETFs? I would like to include some general silver indexes in my portfolio.
It's 100% pointless to purchase metals if you don't buy physical. All the unallocated metals are rehypothecated so there's 500+ owners per ounce. They're just meaningless derivative contracts. When the Comex blows up, or when the govt has to revalue gold and silver exponentially higher to extinguish the debt bubble, you will either receive $0 for your contract, or they will cash out your contract at $20 an ounce of silver right before revaluing it to hundreds of dollars an ounce. In other words, paper owners miss out entirely on the once in a lifetime avalanche of profits. What is the purpose of this paper hedge then? Nothing! It's an insurance policy that doesn't pay out. Paper metals are worthless. As for allocated metals instead of the unallocated variety, maybe you will get lucky, maybe not. If the organization has any type of serious weight like that Texas bullion depository, the govt will probably try to seize it. Things like the ETFs have a good chance of being seized, but I doubt they will attempt seizing private holder's metals again. For one, they know zero people will give them up since nobody trusts the govt now. Secondly, they've already done a stealth confiscation by rigging the markets 10x more than usual post-2008 and having entities like JP Morgan take delivery of the physical as an agent of the US govt at the suppressed price. The only type of paper metals worth bothering with would be miners, but I have a feeling the govt will nationalize all assets in the ground as "deep storage" and leave anyone holding shares holding the bag. TLDR: Buy either Canadian Maple Leafs, 10 oz Sunshine mint bars, or kilo bars As a large holder of silver (about same ammont as crypto) i do not agree with your point of view. I looked into buying physical silver and compared the prices, even if i had bough a decent amount i would have paid about 7-8% extra and i live in a country where there is no VAT associated with buying silver as an investment. Other problem is that total ammount in kgs would have been around 300kg, so storing would have not been easy aswell. Instead i chose to buy SIVR ETF which gives investors direct and pure exposure to silver by holding the physical metal in HSBC vaults. It has tracked the spot price of silver perfectly at a low cost for the precious metals segment. I pay around 0.3% per year maintenance fee and could not be happier (well 40 $ pound would make me happier ), i would have paid around 25 years of fees if i had bought physical. HSBC? Good to have it stored with a trustworthy organization. I'm sure all is as it should be.
|
|
|
Is Monero the most mined by the viruses? Can this influence is value?
The reason there's speculation that Monero is mined mainly by botnets is because a lot of the hash power comes from unknown pools. Of course *some* of that is probably botnets, but most is probably just regular miners who value their privacy or simply don't list their pool publicly. And no, it *probably* would not influence value in any way. I can think of one reason why it might be bullish. Monero is exactly the kind of asset that you might expect someone like a hacker or bot herder to want. Additionally they may not have the sort of sunk cost and overhead that normal miners need to account for. Therefore maybe they aren't dumping as many of the newly mined coins on the market as normal miners do. Even if they were dumping direct to market, it won't matter. The emission rate is going over the precipice. Asks will inevitably dry up at these low levels..
|
|
|
Made this a few days ago..dam hard to get the chart to do this I tell you... Well, if only one thing has been made clear, it's that we can't stop here!
|
|
|
Fork of the Monero blockchain. A split will occur at block 1529810 when MoneroV miners will start to create blocks on the MoneroV network. This is expected around March 14th.
Airdrop ratio 1 Monero : 10 MoneroV
Defiantly price will go up . What's your opinion on this ?
I agree. The price will go up defiantly. It always goes up that way. monerov is a scam that will have no particular effect beyond enriching the scammers and fleecing a few sheep that choose to trade it before it goes away. Assuming that can be done somewhere. In order to dump it, someone has to bid for it...? Yes, it boggles the mind.
|
|
|
Still on target?
Nope. Fundamentals disappointed. Bearish. Woah. That is a fairly deep turnaround from you. Care to say what fundamentals are disappointing? Looks amazing to me: https://www.youtube.com/watch?v=K33PoKM7vOM
|
|
|
+1 Sluts can be difficult. TAKE ME TO THE SLUTS! If you crypto, they will come. Well lucky for his sister she's not as ugly as he is!
|
|
|
I mean how much risk are you comfortable with 100xmr, 1000, 10?
That is a VERY good question. The way I see it currently we have two choices coming: 1. Ledger: Established company. Hardware proven. Track record of handling security issues well etc. 2. Monero proprietary wallet. Based on FOS design, specific to XMR. I think BOTH devices share a common risk. And that is you want to make sure there is no way for your funds to be stolen with some sort of attack. Either on the hardware, or in between the HW and the SW on the computer. The ledger may incur a second twist, and that is they will most likely be changing the seed word format from 25 to 24 words to match the rest of the wallets they support. The only concern here is there is a reliable way to either convert these wallets to the 25 word form or somehow else see their seed word format supported by other software (inc. the standard cli and GUI). I bought a Ledger, and I have not decided how much I am willing to risk there. I recently bought a Ledger as well - mainly in hopes of moving some xmr over. However, now I'm leaning towards just putting linux on a usb stick with a wallet there? Is there really that great of a security benefit for ledger vs a wallet on a usb stick? I'm just going to throw both in the fire safe. A hardware wallet is not just security. It is convenience with security. Easily take a large amount with you traveling, and top up your Monerujo as required, without risking large amounts. Drop it overboard? Confiscated in customs? Too bad, buy or retrieve another one, and restore from your seed. or have several set up with the same seed/pass, cached at strategic locations where you travel frequently. There are many options. Decoy wallets installed to mitigate the $5 wrench attack, multiple wallets for different coins, all on the same device/seed (not the Monero only one obviously). Yeah. I am a pretty big fan of the concept. And while not arguable AS secure is a deep freeze paper wallet it is damn close. And with the decoys etc in some ways even better. That said, I do not think it would be impossible to add at least a couple other "big" coins to the Monero wallet, for example at least BTC? I expect it would be trivial, as there are several precedents. Perhaps less relevant as time goes on, however. Can't remember the last BTC transaction I made without XMR.to Although I am contemplating an automobile purchase (private sale) using BTC directly, it would be a rare occurrence.
|
|
|
I married a woman who was smarter, wealthier and better looking than me. It’s working out fine.
Ya but that was easy for you!
|
|
|
I just hope that I won't end up running into problems if I ever feel like starting some businesses that require state of the art talent. That's the one thing that the US excels at providing.
They import a significant amount, as well.
|
|
|
For perhaps the first time in history we have the opportunity to form mature, discretionary and fully consensual relationships not based on fear.
There are new fears arising, like what if your wife wants your bitcoins during a divorce. https://www.coindesk.com/divorcee-hide-assets-bitcoins/ ... And your crypto is only as protected as your willingness to go to jail.
SHUM.
|
|
|
What's EOS? supposed ETH killer ^^ that lass should really wear her seatbelt Air Bags, my friend. Air Bags.
|
|
|
I just hope that I won't end up running into problems if I ever feel like starting some businesses that require state of the art talent. That's the one thing that the US excels at providing.
depressing if true. expound on talent? The US is a hub for the global market of high-end employees. Although that status might slowly errode with all the horseshit that is going down in e.g. Silicon Valley right now. Demographics is destiny. To wit: A single mom with 3 kids gets more money from the state than the average man can earn. Which means that women are incentivized to have a bunch of kids, and then divorce, taking half his stuff as a side bonus. America is fucked. It will take a hundred years to recover from the current situation, if we started Today. No need for her to marry; just slut around, and live decent for free!
|
|
|
I've actually got about 10x gain with bitcoin in 2013 Q3. This was the last period that I held bitcoin longer then an hour. After that I don't see bitcoin risk/gain ratio as beneficial enough. From that time I have earned a lot more then I did with bitcoin mainly with XRP, ETH and lately also EOS. For me, bitcoin is for bartenders and cab drivers who react on technical developments with a several year delay.
Well good for you. I'm glad your cryptocurrency picks have worked out for you. Well you quoted the ignoretard, so I'll quote you technically, none of those are cryptocurrencies... digital asshats maybe?
|
|
|
|