I'm going to start storing some of these. Could be gold. Could be right but I'm going with gold.
Well, they are already stored here for posterity. And signed with my real name even.  Yeah but its hard to sift through thousands of posts just a small collection with some of the best, could help you if you end up writing a master thesis of how right you were  |
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Is it time for China to ban bitcoin again or not yet?
Who knows? These well-separated buying spurts smell like insider trading to me. Some Chinese traders got news that made them want to buy well above market. Others see the price rising and just follow along. Still others are diffident and take time to raise their bids. lol  I'm going to start storing some of these. Could be gold. Could be right but I'm going with gold. |
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Is it time for China to ban bitcoin again or not yet?
Probably, the drops from these 'news' gets smaller and smaller, I think even some China fud wouldn't see us below $490 ish for long. |
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I wonder how many of the bears (igorr, matthecat, windy) have bought back in..
they are not bears they are noobs and trolls.you forgot fonzi lol windjc is not a noob and has more BTC than you, pretty much guarantee it he was shorting 1000BTC + |
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almost 3 k btc dumped and price is still north of 560  c c m f Wait till the whale buys back in.. Haha, the same one, at $75,000 loss Nah the whales are the ones who dump first, they then let everyone else dump into them and then we move up again. Only the pigs make losses like that |
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almost 3 k btc dumped and price is still north of 560 c c m f Wait till the whale buys back in.. I wonder how many of the bears (igorr, matthecat, windy) have bought back in.. Windjc said he bought back in ages ago. I don't understand why people such as him get thrown in the perma bear category to the point where we speculate whether they have bought back in or not. Being bearish $100 and 7 days ago means nothing. Same with TERA everyones asking where TERA is but she said herself when she decided to buy back in she was going to have a break from trading so is it surprising that she's not here to give people a run by run play of her trading practice. igorr wasn't a bear just a full on troll, I doubt he even had $50 to short with. |
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Just a small pull back, as you were gents. Cant go up forever!
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Well it aint half nice to wake up to movements like this again. $60 movements over night have me dreaming of November again. Anyone shorting now needs their head looking at, big sunday movements have normally been followed by big monday movements as well. A bank holiday doesn't help and means even more will probably be hitting exchanges Tuesday.
The life of a perma bear must be so shitty.
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I think we will definitely at least pull back to 500ish, but I also think that may be an important level to watch and if it breaks, we could be looking at a larger correction that could pass 470 imo.
Its certainly possible the only thing that makes me doubt it is the support has really been building around $500 |
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Double top on the daily chart. The order book on Bitstamp still looks bullish. But that double top may be problematic for bulls.
"The pattern is completed when the security falls below (or breaks down) the support level that had backstopped each move the security made, thus marking the beginnings of a downward trend. " source- http://www.investopedia.com/university/charts/charts4.aspA double top is an M not a U it has to break back down past the point of support to be a double top. If it fell to around $420 you could call it a double top... well, it wouldn't really make much sense to wait for the formation to be confirmed in that case, if you were trying to profit on the move from the top to the neckline... fwiw, i kind of think it will play out like a double top. Not disagreeing with that, I said I agreed if you think its going to form up thread. However OP said there was a double top on the daily which there isn't. I think were more likely to see a pull back to $505 ish by tuesday, form a nice cup and handle and move up from there. I don't see this crashing down past $470 certainly in the time frame to cause the double top. We will see. |
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I cannot see any sane investor seriously considering any of the current altcoins as anything different than a very risky gamble. Investing more than 40% of your funds into ALTS is only for ponzi masters, serious manipulators and the adrenaline junkies among the bitcoin geeks.
I am investing <<1% +1 a little more than that but why do you presume sane investors are diversifying 40% into a single alt. That makes no sense. You're right. Are you implying that I have presumed it some way?  Apologies I should have made it clear rather than just quoting the post. I was referring to the user referring to investing 40%. |
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I cannot see any sane investor seriously considering any of the current altcoins as anything different than a very risky gamble. Investing more than 40% of your funds into ALTS is only for ponzi masters, serious manipulators and the adrenaline junkies among the bitcoin geeks.
I am investing <<1% +1 a little more than that but why do you presume sane investors are diversifying 40% into a single alt. That makes no sense. |
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you may never know. Watch this space. Just one question if you already made up your mind to shut down the campaign for next week , Just a suggestion why don't you just do it tonight and pay members regardless to what Post count they have and in next few days observe how much impact it has if you think you need to come back you'll save time..! I'd imagine a few days isn't really enough to get reliable data to be honest. |
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Or you think its going to rise relative to BTC so is a good investment even if you don't want it to succeed more than BTC. As a long term buy, hold and never sell I agree with that but just because it has investment potential doesn't mean you think it will succeed ahead of BTC. In my mind both can succeed together.
I am not here to give short-term investment advice on altcoins. Many people make their living doing that, however. I agree. Alts have been kind to me but in the crypto space even a year or two can be considered a long term investment if you look at the long term survival rate of alts. |
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That is absolutely right. But if we talk about long-term, there will be about equal number of BTC and MRO, which in my opinion is more relevant, because all the inflation will dilute the value of your coins.
Let's say you have BTC100 and want to hedge your fortunes. By buying 100 MRO you have an equal % of that coin (strictly speaking it depends how many years into the future you look at and how many BTC were lost in the early days). Buying less or not at all means that you don't consider MRO having credibility (it's OK, I just trashed 270 other coins), buying more means that you feel that MRO has more potential than BTC, and want it to succeed, even at BTC's expense.
Or you think its going to rise relative to BTC so is a good investment even if you don't want it to succeed more than BTC. As a long term buy, hold and never sell I agree with that but just because it has investment potential doesn't mean you think it will succeed ahead of BTC. In my mind both can succeed together. |
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This is the reason I bought some MRO, I wanted to contribute by mining but don't have the resources to do so.
MRO offers quite a lot to the Crypto world and it's a shame a lot of people are against it.
gmaxwell says the ring sig tech is very good, and I have talked a lot with the MRO developers and they are very capable people and know what they are doing.
Is there any sense of when they're likely to come out with a GUI wallet and improve exchange transferability. What are their current priorities as far as development of the coin and the ecosystem around it? Perhaps these questions would be better addressed in the MRO thread where the devs will be able to answer. Alternatively join freenode #monero or #monero-otc and ask in there. But the short answer to the GUI question is there is still a bounty for it and also there is a sort of GUI wallet already. |
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ha...
you have quickly identified my ignorance. i thought hero member was someone that was trusted by the community and gave of themselves not because of compensation. i did not know that it was a bought account.
my apologies.
i am asking from the perspective of a computer buyer. alas, this is likely impossible to do. thank you again.
No worries if you have any direct questions there are plenty of people here who will answer you. Just to say so nobody misunderstands, I wasn't saying all hero accounts were bought just that some are bought and sold is all. |
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Right, but to wait for that point is to miss the downward move between the top and the point of support. Retail investors wait for confirmation on all signals. To be most profitable, you must look for the early signs and find more supporting evidence. I'm looking for the latter now.
Thats fine, obviously you want to sell before the downward movement as once it happens it can be too late. No ones disagreeing with that, its just not a double top! |
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thank you for his.
my idea, there is core development of the software for which we have many hero members.
1. monero development i.e new aspect implementation
2. interface development. miners and wallets
3. marketing
There is the hardware aspect as well. hero members input on what they would chose if they had such and such money to spend.
for example, i do not know what aws/azure are or is. this is beyond my scope. and as i read some of the posts it reminds me of my insecurities regarding the tech. barriers for entry for non crypto currencies aficionados. There is obvious curiosity.
for 500 dollars what would smooth david or ezih buy (other than investing, as investing is beyond most normal human beings, let alon investing in cryptocurrencies.)
for 1000 dollars what would they buy. things like this. trust is hard to come buy especially when we use handles. but trust can be percieved through conversation, and the above mentioned and others have earned it from me.
thanks.
Just a couple of points, just because somebody is a hero member here all it means is they have been registered on the forum for a while it doesn't automatically make them know more, hero accounts are also sold on the forum as well so a 13 y/o newbie could be behind a hero account but anyway thats not got much to do with MRO. AWS and Azure are both cloud computing power operators where you can pay for a machine that you can access from your own PC but the hardware is at Amazon or Microsoft. Read - http://en.wikipedia.org/wiki/Microsoft_AzureYou would have to ask them yourself but Im sure they would give different answers. My personal answer would be not to spend $500 on a machine and hope to ROI you would much likely be better buying MRO as by the time you make $500 or $1000 worth just to pay back your equipment the price could be anywhere. |
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Double top on the daily chart. The order book on Bitstamp still looks bullish. But that double top may be problematic for bulls.
"The pattern is completed when the security falls below (or breaks down) the support level that had backstopped each move the security made, thus marking the beginnings of a downward trend. " source- http://www.investopedia.com/university/charts/charts4.aspA double top is an M not a U it has to break back down past the point of support to be a double top. If it fell to around $420 you could call it a double top... |
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