Bitcoin will cease to be volatile once it returns to the ATH and doesn't drop 1 cent below it for a year.
I dont think that would aid in it not being volatile. In my opinion passing the ATH is a matter of time and $10k is not out of the question IF bitcoin continues to grow etc. I'd wager there will still be a lot of volatility between those prices.
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Nothing particularly interesting, some new speakers and a couple of xmas gifts. oh and I bought more bitcoin
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Price has been going down for months, even last weeks good news only caused a minor spike. Someone probably getting bored.
Why worry? Fundamentals didn't change in the last weeks. Monero improved on all other important Crypto-Coin key aspects, such as developer activity, community development, liquidity and public interest. Only the price/market cap didn't improved. This is a very good result, towards a successful future. (A coin gains nothing from price rallyes or Pumping of market cap.) Im not worrying personally, as opposed to 80% of the investors Im not in the red with XMR. Its always been a long term coin for me but there are many who are cutting losses etc. The wall at 0.0015 was one guys and he said he took it down today. Anyway price talk should be in the speculation thread.
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someone is dumping hard on Polo...
Price has been going down for months, even last weeks good news only caused a minor spike. Someone probably getting bored.
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Is this the quiet before or after the bloodbath?
That's the question............. Lemme help some of you new guys out. Whenever you see things like market price setting at a fake number like $399.99 379.99, and it sits there for more than 12-24 hours without going up, you can bet that a dump is incoming.
You're welcome.
I'm just gonna leave this little reminder in bold here again, for the third time... Would still love to know what a "fake number" is.
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Nope, just one guy who probably doesn't even have 20 BTC to his name trying to tell people with 100's that have already made their initial investment back several times that they're going to loose their life savings. Go figure I do not have 20 bitcoins to my name... or 100s... because I'm not a f---ing retard. I am shorting 31 BTCs right now. That is the opposite of owning BTCs. Have fun losing all of the f---ing money. Yep, people who bought 100 btc for $1300 which is currently worth £37k, what a retarded move that was lol. The reason your getting no air time is because there have been hundreds of people like you over the years, same old boring shit. YAWN.
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Nope, just one guy who probably doesn't even have 20 BTC to his name trying to tell people with 100's that have already made their initial investment back several times that they're going to loose their life savings. Go figure He also seems to think that people only bought coins over the last few months therefore anyone bullish is in the red. Seems to forget some people are still bullish from when they bought in for $13
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You're right... upper 200s. Have fun losing your money, jack---. See, I can be a hostile a--hole, too. By the way, why are all of the hodlers always in the speculation section b----ing about traders. Do they not know how to read? Is the world speculation merely beyond their vocabulary. One amongst many mysteries.
Want a chance to put your money where your mouth is? 5 BTC says we dont go to upper 200's within a week. lol I'll give him 2 weeks on that. He's clearly stuck in a bad short and raging in the forum. I closed all my shorts in October when indicators suggested we were approaching a trend reversal. Since then longs have been working out very well. $379.0741 $434.4529 -$2.16 -0.112% -0.00 Daily Close Claim Yea... seriously bad short... I really don't know what I'm going to do. Jack--- I'll probably just ride the price down and spend the next weeks and months mocking you while you lose all of your money, have your girlfriend or wife leave you, and proceed to live under a bridge somewhere mumbling some s--- to yourself about decentralization and how you don't want government regulation. Yea, I think that's probably what I'm going to proceed to do from here on out. Why? Because you all have been a total prick to me and you're all really stupid. Your IQs border on immeasurable. $377.876 $474.4529 -$20.16 -0.112% -0.00 Daily Close Claim Yea... Dont mess with the pros... no one can just write numbers down. Your so upset, I really dont understand why. If you cant take being trolled/insulted/told your wrong on the internet I feel for you IRL.
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You're right... upper 200s. Have fun losing your money, jack---. See, I can be a hostile a--hole, too. By the way, why are all of the hodlers always in the speculation section b----ing about traders. Do they not know how to read? Is the world speculation merely beyond their vocabulary. One amongst many mysteries.
Want a chance to put your money where your mouth is? 5 BTC says we dont go to upper 200's within a week.
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I have no position right now. I am hoping it goes up to $400... I'll short when it settles down and starts to come down a bit on account of the required retailer dump.
Has there ever been a documented sighting of this dump taking place anywhere ever in human history? Is Black Friday observed anywhere other than the USA? Is it really all that big of a thing? Here in Canada we do boxing week between Xmas and New Year's Day. It spreads it out a little. For some reason it seems the UK has adopted Americas retarded tradition. Cue my social media feeds being bombarded with videos of fighter shopping. Black friday is everything that is wrong with the world compressed into 1 day.
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Do you guys seriously believe there is significant commerce in Bitcoin besides drugs and gambling?
Some. Remember how thin the order books are, too, in relation to the total number of BTCs held. Less than .1% of all Bitcoins being dumped by a retailer has a substantial impact on the price. Your argument isn't illogical, but it is incomplete. So by your own logic is it not fair to say that the retailers probably aren't selling their coins into the open market and immediately after getting them. After all it has a substantial impact on price.
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"The required retailer dump" I lol'd.
How many people do you think are sitting around saying the exact same thing, oh Ill wait till black friday and all the coins to be dumped and Ill buy $50 below where we are now. Same with the auction and people waiting to buy until after then. The market doesn't move like that, if it did all the idiots would make money.
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Weeeeeeeeeee
Wheres troll chop??
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I've also noticed that its the west that has been instigating more of the price action than usual. Big increase in volume in this bounce as well.
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Some big buys going on over on Finex.
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One of my theories as to why the hash rate has seen a fairly sudden drop over the last week or so is that some of the botnets are moving on to other ventures/being caught etc.
Can't agree, I think that professional miners hopping, not botnets. Or maybe I don't know about some profitable cpu-mineable coins. I still believe that XMR is a miracle for CPUs so far. As said just a theory. I guess in reality in regards to whether the coins are being sold straight away or held professional miners and botnets do mostly the same thing.
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Is there a way to make Monero botnet proof?
Yes, by making computers botnet proof I don't think botnets are that big of an issue. One of my theories as to why the hash rate has seen a fairly sudden drop over the last week or so is that some of the botnets are moving on to other ventures/being caught etc.
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The GUI wallet I made is completely virus/botnet/malware free. Just a simple AutoIT script to parse log files and fill in variables located in the GUI.
If you're unsure about the bitmonerod, simplewallet and minerd binaries you can download just the monerowallet.exe from here
Why post from a new account? This is my first and only account, been following for a while but only registered now. Welcome and thanks for the contribution. Like smooth said people are right to be cautious especially with a new account. If your interested in monero development and you haven't already you should join the #monero-dev IRC channel.
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Bitfinex down?
not for me...
It was for a very short time earlier. Everything's now back to normal.
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Gotta say that if the price moves up from here it will have painted a very pretty double bottom.
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