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3602
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Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Petitioning Major outlets and Exchanges for Monero
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on: August 15, 2014, 10:10:48 PM
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Some one here able to make a standard brief/format that we can send to the darkmarkets and exchanges. I am sure some darkmarkets are interested in monero since its absolutely anonymous. I think btc-e would be very interested to, as being the "shady exchange". I'm not that good at english, otherwise I would do it myself. Willing to donate a bounty to this, if other members contribute also..
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3609
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Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer
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on: August 07, 2014, 09:56:59 PM
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XCN is barely a week old, let's give it a couple of months before writing an obituary.  The high and long emission rate is there in part to prevent or at least regulate harmful bubbles; that's a feature, not a bug!  I never wrote an obituary, I said I would consider buying it! But only after the price goes down. Since I first said this, the price has gone down. A lot. It has more to go. If I may ask, what do you see as a optimal buy-zone for XCN? |
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3612
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Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer
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on: August 02, 2014, 09:39:13 AM
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Opinions on Cryptonite, the first coin implementing mini-blockchain? Whitepaper here. Interesting that someone is trying to create something new for a change, but I feel like the PoW algo selection will make it BCN2 or BBR2 as there is/will be a private mining group with GPU miners whereas there's no hope of mining with a high-end desktop CPU. Maybe this won't be an issue as only half of the coins will be mined within the first 10 years, and you can't really mine with a 1 video card desktop anything anyway these days? Another coin forking from Cryptonite with an established PoW algo and miners and pools ready at launch could steal its thunder though, similar to BCN vs XMR. Who happens to mine these fungible coins is irrelevant. If other people want them, they simply buy them from those who specialize in optimizing and running miners, or trading. Cryptonite is a Very Big Deal, representing the third great innovation in cryptocash (minichains) after Bitcoin's blockchain and CryptoNote's ring signatures. Vertcoin's private addresses come close to making the list, in a distant fourth place. Proof-of-work may have been a candidate for fifth, but is made obsolete by minichains, so it loses to Primecoin's cool/trippy factor. Forget those other trash coins. All that matter right now are Bitcoin, Monero, and Cryptonite. (Litecoin is also valuable as a hot-swappable replacement in case Bitcoin breaks, ditto Namecoin and DNS.) It's fascinating how Monero and Cryptonite are fundamentally incompatible and splitting Bitcoin into private Monero and public Cryptonite niches, like a speciation event! Economically it makes perfect sense to remove Bitcoin's blockchain bloat to be more efficient for public transactions, while simultaneously putting other bloat to work by ensuring privacy for Monero. As I finish this post CN is nearing an ATH. Nice. Now just wait until all the kids realize they've been conned by their closed source and/or kludgey CLOAK/DARK/BLACK/XC FailCoins. See ya'll on the moon... Any other opinions on cryptonite? |
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3613
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Alternate cryptocurrencies / Altcoin Discussion / Re: Monero (XMR) Speculation thread
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on: July 31, 2014, 06:55:35 PM
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@rpietila and others, what do you consider as a buy-zone for monero? Was thinking about placing some orders in the 0.004-0.0043 range. There is pretty much support at 0.004 and 0.0039, also fibonacci retracement levels are at 0.00406 and 0.00447 (This is based on the last runup from 0.023 to 0.058).
The 61.8% level is also on 0.00365, that is a possibility also. All-time volume weighted average price is 0.00426. All things considered, if you want to buy it, just do it at any price below 0.0045. The chances of breaking 0.004 are so slim that it is not worth the 10% gain achievable. This advice is valid if your intention is to hold. I don't give daytrading advice. At first thanks for the advice! As you have stated above, the chance of breaking 0.004 is very slim so I think it won't even reach 0.0365. Setting my buy orders around 0.0042-0.0043. My intention is not to day trade but to hold, but I want a good entry point. |
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3614
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Alternate cryptocurrencies / Altcoin Discussion / Re: Monero (XMR) Speculation thread
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on: July 31, 2014, 06:12:06 PM
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@rpietila and others, what do you consider as a buy-zone for monero? Was thinking about placing some orders in the 0.004-0.0043 range. There is pretty much support at 0.004 and 0.0039, also fibonacci retracement levels are at 0.00406 and 0.00447 (This is based on the last runup from 0.023 to 0.058).
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3615
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Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Monero XMR large trade OTC
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on: July 29, 2014, 11:39:22 PM
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Want to buy 2500 XMR @ 0.004, so basicly 10 BTC total. Feel free to PM! Can also join irc channel if needed.
This seems like a non starter given that one could sell 40,000 at 0.004 on Poloniex right now. I only mention this because the first post describes the purpose of the thread as being trades that can't be easily executed on an exchange. I don't see that here. Yeah just saw it on poloniex, was not able to check it for a few days. Edited my post! |
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3619
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Alternate cryptocurrencies / Altcoin Discussion / Re: [XMR] rpietila Monero Economics thread
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on: July 29, 2014, 12:38:44 PM
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there is no otc for xmr anymore is there? - I think if a reputable person in this forum would supervise an otc, larger investors as well as larger sellers would be better off.
buying even mediocre amounts is complicated without moving the price too much
I would also be interested in this, maybe some one reputable can set this up? |
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