well, they are a little late with their addition to the altcoin sphere but hey... everyone is free to try it

more ammo hitting the exchanges in 50 minutes... gettin itchy trying to trade the dead cat bounc

lots of people trying to catch the knive

they always make one giant mistake when announcing their views on bitcoin: that bitcoin cannot adapt or evolve.

some people are arguing with the limited number of transactions, but keep in mind that this limit is only here because the majority of users (and miners ofcourse) agreed to have it in place. it is by design open to changes.
similarly, and yes i know it would have much greater implications, the inflation of bitcoins can be adjusted. if we really one day come to the point where the newly generated bitcoins plus the transaction costs are not able to pay for the network security that we think is needed at that given point in time, it would be a possibility to hardcode a constant inflation of eg 2% pa into the bitcoin system.
we would not necessarily be forced to sit and watch bitcoin collaps because it turns out that transaction costs aren't enough to pay miners (hypothetical intellectual game).

that is more control than every single central bank has within its own zone of influence, see the struggling of the ecb to fight an imminent deflation within the euro zone.

oh wait... that's the bank bitstamp is working with and where the funds are 

well, today arrived the money at the exchanges that has been sent during the weekend. so far it provided the ammo to get us from 250 to 265ish... not really what i expected, wasn't able to make much profit.

guess thats as far as it goes. fresh money is running low, so maybe we will get that downtrend initiated with the announcement-shooting-star. currently mostly in fiat and waiting for further indicators

ah, they have a proper taker/maker pricing system. no more ripping off both sides of a trade to increase income

aaand registered

waiting for the mail, guess their mail-server just went boom

so, the "rumor" and the related buys happened to be on a weekend. the "news" will be out on a monday, and you say a lot of people are gonna sell it.

well, there is some more in it people are sending money to the exchanges right now because moon and stuff. exiting tuesday/wednesday incoming.

i "lost" all the $ when i bought the coins, it was/is a one way purchase to me. at least since i got burned with my attempts at trading
i tell myself that the money is spent when i send it to an exchange.

until either btc is no more or i can use it to pay with it for the things i want

volume going down in correlation with decreasing exchange rate: check
guys with big money buying on secondmarket: check
auction of bitcoins "imminent": check
decreases in price ever x hours by 500+ sales and followed by 50+ sheep: check

guys? someone wants your coins. and he wants them really really bad

weak hands out? 

squeeeze it baby

sorry, no "country" has yet participated significantly to the bitcoin price.

whenever i ask around in germany, i get the same answer: "well, i read about bitcoin in the online-news magazines. it is this computer nerd / hacker stuff, right?"

persons i asked can all be accounted as tech savvy, usually ph.d. students with high affinity to new, fancy technology.

none of them has ever thought of buying bitcoin, yet. adoption rate in my circles should be around 0.1%. left alone the group of more "average joes".


lets talk about significant contribution when a country reaches 1% adoption... but this is still far beyond the horizon

"we are going up  SELL ALL!"

not very long

then sell and buy back later when a trend reversal has been established? risk loosing 5% if we are actually at the bottom vs loosing more when we drop even further as fundamentals indicate?

or just hodl and let others play

Unsuprisingly to see the people of a complete desocialised society arguing against taxes. You just let your poor rot instead of helping them over there, hm? But your state shouldnt tax your few cent income because maybe your funny american dream shit comes true for you and you are finally on the top. Everone should just have what he can achieve? Including the one who had an accident while working in his yard and now can't lift heavy things anymore, rendering him unable to continue working in his profession? Is this really the society you want to live in? Do you have kids? Do you also determine how much food you give to them based on their grades at school? Is that your praised fairness?

Hilarious to see people argumenting against proper education for their kids, argumenting against help when you loose your job with 50 years and never ever will get a new one because you are too old, declining a level of healthcare you wouldn't be able to afford on your own.
Guess you are already so brainwashed by your media that you actually like staying poor with low taxes without even noticing that the rich are even more happy about that. They can amass even more money without having to spend it on help for those rows of people waiting in line for just one warm meal a day at the soup kitchen.

Furthermore, saying that everyone should take care of his own and only his own is especially interesting in the context of the religious background of the majority of people in the USA. It is also a contradiction to the reasons we formed societies at all. One who had a good harvest won't let the one with the landslide on his fields starve to death. When our society grew, more and more help was needed while on the other hand more and more people profited from staying together in groups. It became complicated to deal with the self-centered assholes and people who tried to obtain things by trickery. People with time were needed to work things through to ensure noone gets advantaged or disadvantaged. The first employees of society, paid by everyone in form of taxes.

Cut everything down again and you will still have streets and stuff. Of course. But not everywhere, only where it is nice to have them in the eyes of people with enough money to afford to build a street. Of course you will still have a society, but one thats extremely dependant on just a few rich people in your direct vicinity.

Sarcasm: Ah, and remove taxes/government/police/military and hey, maybe i come over with a few well trained and armed dudes and take your land, while you can do slavework on my fields. Look at countries with extremely weak governments like Syria, Irak or Ukraine Thats how it rolls

Ah, and you say that this ideas of socialism failed? Think about that: Can you imagine that for a third of the population of the US today, the living conditions of a failed socialist state like eastern germany, the DDR, would be an improvement compared what they have right now? In terms of housing, crime rate, education and perspective for their kids and so on? That a greece retired worker would love to be in the DDR in its last few years of "downfall", because he would be better off compared to his living conditions right now? You don't? Well, then there is nothing to do about you anymore, because you are denying hard facts.


The baseline is: We pay taxes to employ people and equip them with money to ensure they take on the task of improving society as a whole. To work out and pay for an improvement that benefits everyone. To make sure that a society prospers. Maybe they decide that it would be good for everyone to have free access to education, so everyone can get the most out of his abilities. Maybe they decide to improve the infrastructure, so companies can prosper. Maybe they decide that the harshness of live can be grossly unfair at times and people who suffer shouldn't get discarded, instead providing them with a minimum of funds to live a life in dignity. But all in all, it's still a democracy, and if your opinions aren't represented by the current political parties, then go on and found one. But please, please, stop crying in the internet. It won't change anything.

basically, yes. at least this is the conclusion that i derived from observing the crypto-developement. as a bitcoin holder, i watched the altcoin market as the playground for people who missed btc in its early stages and now desperately trying to mimic the 1000x rise by developing one after another coin without any benefits when compared to bitcoin. its this desperate "but i want to get rich, too" attitude of the people in this subcategory of cryptos that kept me away for most of the time.

i agree to some extent to rptilia when he says, that xrm is the first coin that offers something really worthwhile and at the same time not beeing instamined or whatever scam-deployment of coins you invented. of course, i can't know if the better protocol will win against the other coins offering anonymity by various degrees, history has been full of cases where the non favourable protocol established itself as mainstream (vhs vs betamax anyone?). but i decided to invest some percent to gamble on the most promising horse instead of hoping to get rich quick by betting against all odds

i only invested in bitcoin before i stumbled about monero. it's the first coin to offer own benefits, in this case proven, unbreakable anonymity without relying on centralized structures - and at the same time beeing distributed in a normal fashion (no ninja-/premining). 99.9% of the other coins fail to achive the last, while the rest is building upon workarounds to mimic anonymity. so i took 10% of my btc and got me some xrm lets see, if the better protocol wins in this fud-war or if the mayority of users decides to go for an unsafe, centralized coin (nope, i can't imagine that a premined coin will get any atention beyond lunatics, no serious investor will put money into it, only some "i want to get rich, quick!" guys from this forums)

play with "settings" -> "depth range"

for 1 minute max zoom you should switch it off, but even then you wouldn't see a lot more than right now