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We are near the ATH in bitcoin terms. Not too worried here. We just need that to recover somehow.
When eventually Monero is truly useful it will release itself from its BTC ratio, and climb (I believe).
Its happening gradually but for now we are well positioned as the good partner for BTC.
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Merit is going to do nothing to prevent spam accounts unless merit throttles their posts somehow - otherwise they dont care about what their merit score is
Well if they are farming accounts to get them to a higher level they will now need to get Merited for good things. Not just spam an amount of topics per week. |
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still so much negativity everywhere about bitcoin price... i hope the market can go north again during the first 6 months of this year. if not , i guess we wont see 1000 this year
2019 is my earliest target anyway. Just look at the emissions curve, then consider the features in the pipeline. Etc.  |
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Don't really know what point you're trying to make Globb0. The point I was making was that when an entire asset sector has a single entity like Tether in its midst that's capable of bidding up the market at will with limitless supply, that is a toxic situation. That isn't the case with "pure crypto" assets like BitUSD. Their supply is not created arbitrarily out of thin air and is always market backed which is why you occasionally get those spikes you're pointing out. The reason is stays on its peg is that when it spiked down like that there is a huge market gain to be made for traders taking the long side in order to restore the peg (which is exactly what has happened since that dump occurred. See current price):  Thanks for taking the time to set me straight. I was observing potential impact/synergy from one to the other. |
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As many pointed out the timing couldn't have been better. I'll simply hold my coins. During these days I say to myself that 1 BTC is 1 BTC.
Our time has yet to come.
If Bitfinex and Tether blow up, I just don't care
I would merit this post, but I blew my load  Allow me to contribute some shells. To the reload of a gentleman. *tips hat* *edit* Oh and I took the liberty of meriting the original post on our behalf |
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People calling 267 failing are weird.
Its comfortably above any kind of hold/sell level of the past. And we been around that to 28 for weeks.
I feel so unworried, I don't get it.
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Man all the post count bumping gibberish posts are getting out of hand...
it might be a scaling issue |
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*Holds finger to ear* ... We have a Live feed coming in now, direct from Kazakhstan  |
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Boom! +M Also this works like a charm! This is what needed to be done W SHUM Tonight is the night that SHUM becomes WUM. Even better than the spice girls version. |
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Anecdotal evidence: someone normal is still buying I was at a pool match tonight and as I removed my tinfoil hat to take my turn at the table. A normal working guy was there. He said "you heard of bitcoin?" A bit "I lied clumsily" "I got a 1000 pounds the other day at 7 grand" (I half understood, its probably written clearer than he said it) "Oh that's nice" "I might sell it" "why didn't you sell at 20k then?" "No I only just brought it, but I might sell it now" Me launch into a massive for his own good speech about upsides vs downsides, halving's, this is not financial advice but seriously etc.  Conclusion I am rubbish at undercover. Oh yeah and normal people are spending real money somewhere in there. Heh |
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Doesn't sound like Bullet Proofs are coming in the next hardfork, having to wait until what.. September? Basically a life time in crypto.
With how much transaction sizes and fees being the hot topic in crypto currencys this is pretty big blow to Monero in what was looking to be a pretty positive Q1-Q2 for it.
Half year ago no one even know bulletproofs exist. It was just speed and good organization of research lab and Monero developers that was possible to add (not full version) of bulletproofs in March hardfork. Reason why it was not added was academical review. Something that most of other coins dont even bother doing it. Now bulletproof will be added without any pressure since will be plenty of time to do them perfectly. Also March hardfork will be done with less pressure and on time what is important for developers that build infrastructure around Monero (like Ledher HW). Monero transactions are not small, but by itself that is not a problem. They add to blockhain size. Yes that is not good, but in half year time blockchain size will not have a huge change because of no bulletproofs. Fees are currently not a problem. They would be if price suddenly goes up by 10 or more. There are talks to try to reduce fees in March a bit. One of good news of last devs meeting was that updated white paper will be available next month. I could be wrong but I think Monero actually never had one. It always related to the cryptonote white paper. And white papers are definitely in lately with all craze about ICOs. As many pages of whitepaper you have that many millions you will gather.  Who needs White Papers when you have the Monero Research Labs  |
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Shaking the tree again?
yes, it never seems to end. We are near the old resistance level of the previous symmetrical triangle (and downtrend) though, so a bounce off this level would be bullish. Of course if it doesn't bounce that would be very bearish, and mean that the previous break was just a false breakout. If you believe any of the signals at all |
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Doesn't sound like Bullet Proofs are coming in the next hardfork, having to wait until what.. September? Basically a life time in crypto.
With how much transaction sizes and fees being the hot topic in crypto currencys this is pretty big blow to Monero in what was looking to be a pretty positive Q1-Q2 for it.
I don't suppose there is any law which stops us having a release if we needed it. We have never been a coin to release half finished shit and go for the marketing over substance. when it is well tested and ready it can be baked in. There are other places to look if you want pumps. |
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I have been very critical of Mark in the past, but I have come to believe that he never intended to hurt anyone.
It is still within his power to redeem himself.
Like giving away 10% of his fortune to make all his investors whole again in USD terms? No, that wouldn't do it. I am going to refrain from judging him until he has full freedom of action and his intentions become clear. is that guy still waiting outside his office with a coffee? |
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It's a sad thing to read. But apparently the market forgives everything. eg dark coin etc. |
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Doesn't seem to tie up with the number of new signups on various exchanges.
If it was just a relative few deep pocketed investors then surely there wouldn't have been such a demand for new registrations?
Well if demand was really so high from the retail side, then shouldn't we be seeing the price skyrocket right now? Or at least continue to rise? Hell, 20M+ retail accounts worldwide just trying to buy $50-100 each in this one month would send the price to the moon right now. But we aren't even seeing that level of buying pressure. That's why I think it mostly came from the institutional side. I'm sure we'll continue to see 500K - 1M sign ups a month this year, but not sure that will immediately translate to more buying. It really makes me wonder how much bitcoin is being bought by all these new accounts. Interesting thought. I suppose if new signups was becoming a measure of adoption, then there may be some value in some group or other manipulating the figures. Sign up is about the least hard thing to do. When you can already buy 1000's of Chinese zombies to click x or y at a certain time or like a post or whatever for just pennies. |
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Try leaving 1 token behind.
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Saw some Nano on Amazon for 100£
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So same ledger not a different hardware? I have been waiting to buy one, Im past the point I should. |
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