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3701  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2018, 08:50:00 PM
if fees are high how come stuff like freebitcoin continues with its dust?


3702  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: January 05, 2018, 04:37:56 PM
Saw this elsewhere


https://twitter.com/CoinTrendz/status/949294446763536384

Quite sad how we are always the bridesmaid just out of the picture.

Flipping crappy scam coins still surviving so looooonnnngg.

I hope we can become a swan soon, its so well deserved for so much hard work that has gone into the project.


*edit* and maybe I am becoming more gullible, there is actually no evidence of how this search was conducted or what it included I suppose
3703  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 05, 2018, 04:25:45 PM


Yea i doubt that very much. Wishful thinking in light of knowing better.
The competition for monero is rising very rapidly, both in community and technology.
It's fair to say that now Wraith is active on Verge, it has technically surpassed Monero. And they already had a much bigger community behind them.
And then we have Spectre being technically similar but going environmentally friendly with PoS.
Tbh i can only see Monero go down from here, probably back to around 0.008-0.012 btc levels.

Yea yea, i know you're all going to hate on me now and say they are shitcoins.
Try bringing some solid arguments this time instead of just brainless bashing.



Spectre coin still has yet to release how they are going to make anonymous POS. It's vaporware until they drop it on testnet or show their maths. It's easy to make claims, it's impossible (at least in a cryptosystem) to make these claims real if you don't have the math to back you up. I'm getting anoyed at having to deal with idiots like you who just assume things are possible based on "because the devs said so." Seriously, after Vanilla coin, no one should take the word of a dev who hasn't proven themselves in the field. You're free to do stupid things with your money, so please do them--i'd love if you couldn't even afford wifi.


And those things take years.

Monero didn't just spring up on quiet Sunday afternoon. The papers, the criticisms the iterations......
3704  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 05, 2018, 01:49:11 PM
Thinking of buying more XMR since it looks like it's gonna dip (again).  But I want a better deal this time rather than being careless about it.  So I need some opinions, hopefully not biased...  Should I buy on March when the scheduled hard fork could dip the price deeper or should I buy at the current range?

I'm thinking about waiting til March...  But what do you guys think?

Has a HF ever resulted in a dip? I'm not sure, but I don't think it has. Monero HF's aren't to be confused with the fear and uncertainty that occurs over in BTC land.

I was just thinking the same thing....

The language sounds scary, hard fork.

Maybe we should call it the annual easy fork or something.

Oooo annual feature review

Cheesy
3705  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 04, 2018, 08:35:28 PM
Hello everyone,

I'm a long term holder and lurker on this thread.

I also got involved when Risto first mentioned it as a good investment. It looked like it was my chance after missing out on BTC.

Thanks to the people in this thread I've been holding all the way until last summer when a life circumstance meant I had to sell a single digit %.

It felt strange to sell but I have to remind myself to follow the simple saving plan also set out by Risto, to sell a % as it increases.

Like I said my hand was forced last summer but now I'm getting close to where I really should divest in case of some black swan event and I'm left with nothing.

Anyone else have mixed feelings about selling after holding for a long time.




I'm about there with you, all in Monero for several years. But people who talk about a lot and I think shit I have 3.5 times that I really have no exit strategy exactly. I think that's the worry.

3706  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 04, 2018, 07:11:41 PM
I also invested in Monero 2014 by recommedations made by Risto. And my life has completely changed too.

On this video "World monetary system, failure since the beginning" Risto is talking. I had heard about him before, but the arguments he made on that video, I was really taken back by.
https://vimeo.com/11018684
The date he is talkin, is 17.4.2010.  And I watched it maybe I a few weeks later. Bitcoin had been running in that time a little more than a year. And I guess Risto had just heard about it. On that video Risto is not talking about Bitcoin, but fiat money vs. commodity money and world monetary system.

Still, when watch that video, I am stunned by the precision, clearness and understandability he is argumenting. It is like a mathematical proof.

There unfortunately, is no English translation.

Me too that's where its a bit of a sad ending, still, I'm glad I didn't take his later advice to arb into CK.

3707  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 04, 2018, 01:01:31 PM
Well if its all about the pumps maybe it will be our turn.  Cheesy




Its not only pumps, but it’s frustrating that a lot of people don’t see Monero...
and I agree, a marketing team would not be a bad idea... Monero has a lot of competition
Even there is no real competition...

You do realize that coinhive miners and botnets gave Monero cover stories on Bloomberg, CNBC and Forbes? And that there are hedge fund managers talking about Monero on financial media? The people with money, and who understand the value of a digital cash, are well aware of Monero--at least those who are invested in cryptocurrencies. So not sure what kind of marketing you guys want?

For the regular person like u And me that want to invest in crypto. These people invest in shot coins because they see hundreds of advertisements on Facebook etc... the advertisement we don’t have.

So you want Monero to be more like shitcoins?

Am I the only one who likes not having to deal with people who can't operate a CLI and need to be handheld through basic tasks or who freak out when they read concern trolling?


That’s not what I meant and I’m long enough in this threat... but why can’t we advertise on Facebook for example? Is it that bad for Monero?

https://www.facebook.com/monerocurrency/
3708  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 04, 2018, 10:37:01 AM
Well if its all about the pumps maybe it will be our turn.  Cheesy


3709  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 03, 2018, 07:38:04 PM
If enough of us agree we can make them do things on camera


3710  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2018, 09:20:32 PM
Wow, Gold continuing its bull tear since Dec.

Insiders must be thinking (knowing?) we'll get some bad news this year. They're always 6-12 months ahead of the public.

WOW gold?  isn't that like that bitcoin thing?

Gold that thing with lots of mothball mine's waiting to come out of retirement when gold is worth x. with modern extraction techniques that make the old days and numbers comparison totally obsolete.

*edit* in fact lets just say it they don't extract that to keep the price up.

Ask yourself what is manipulation.


3711  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: January 01, 2018, 08:18:52 PM
Is there a way we can agree to delay the fork for it to be fully ready

3712  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2017, 08:49:29 PM
Is this bullshit or true? It can't be correct.

AztekPhoenix says that starting on Jan 1st, 2018 President Trumps new tax bill will force EU citizens to pay the US Gov tax for all trades on US exchanges. So any EU citizen trading on poloniex or bittrex is going to get taxed by the US Gov



The Tax bill signed into law by President Trump of the U.S.A.  a few days ago, redefines all like of kind exchanges only for real estate and excludes crypto.
http://fortune.com/2017/12/21/bitcoin-tax/


So starting on Jan 1st, 2018 anyone that trades on a US Exchange will be required to pay taxes on each crypto to crypto trade
for the tax year 2018 which is due by april 2019.

Does not matter if you are a US citizen or foreign citizen, if you trade on a US exchange you will owe the US Gov. Taxes on those trades.

This will probably kill all US exchanges , as anyone with any sense will move to oversea exchanges that don't require this over reaching tax increase.
If you are a US Citizen and you do all of your trading overseas, you don't owe the US Gov. anything until you reach $90,000 in trading profits.

Bittrex & Poloniex exchanges (Based in the U.S.A.) will most likely die within the year due to this tax change.



Does the word trade extend to withdrawal transfers ?
3713  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: December 31, 2017, 09:52:41 AM

The March code is scheduled for release in mid Jan, who says we move slow.


Soon(er)Tm


Can we get an upturn with it ?

3714  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] GOAL BONANZA – Football Betting Revolution . Oct 1, 2017 on: December 31, 2017, 09:41:36 AM
Guys the campaign has ended now.

No more reports are being accepted.

sorry.

3715  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 30, 2017, 05:14:13 PM
Its a double edge sword that we keep track so well against BTC.

I think its cos most people cant adjust well to changing prices of the underlying BTC and kind of baselined on their entry point.


3716  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 30, 2017, 11:08:35 AM
I worry in this facebook and meme world, we live in, whether anyone sees any deeper these days.

They will all be filing in line to hand over their cash. Sad

Already seen a mention from a serious city banker type to which I replied bad bad bad of course.



*edit* Thinking on I have said bad bad bad before about projects and they often rose before they collapsed

My speculegence remains with Monero,


Getting serious, shes my second longest partner now   Smiley
3717  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 29, 2017, 03:49:54 PM
Monero started to get more and more obsessed each passing time. I think $ 1000 is a coin targeted. With Zec, they can take over $ 1000. Clearly, perhaps until now, they needed to overthrow.

For this, we need some time. It won't happen simultaneously. The demand should rise drastically to achieve $1000 target in Monero.

This would honestly take at least 1 or 2 years.

or the emission could fall Smiley


*edit* same timeframe boom */edit*
3718  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 03:48:16 PM
The poll is bullish as fark. Who here really thinks we're going to see $20k in three days? Tera?

Screw 20K we need it to .....

Jeezus! thats like one of those mega annoying ads from the olden days... CLICK HERE FOR FREE BITCOIN!
Frikkin spare me.... (no offence btw ...im just lit up tonite)

 You know, lit up is an anagram of tulip




Take the whole sentence its....

Just in time to tulip    Cheesy

3719  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 10:01:15 AM

snip


Buying and selling dash is not a taxable event for you? How is that?

Well I understood you pay captial gains when there is a fiat gain in value at the time when you dispose it, ie sell it for fiat. I'm in the UK. I hope I got that right. If I have to proof every single trade between Dash and Bitcoin or whatever other crypto I don't know how on earth I could even start to do that  Huh Some exchanges I have used no longer even exist.



I sympathise, in UK too. 

Since HMRC advice is so sketchy (it goes back to a vague 2014 reference effectively saying 'we will treat it all on a case-by-case basis') we are in the dark.

I only cash out in BTC and only (originally) went in via BTC so, I am asking my accountant to simply list all fiat 'in' events and fiat 'out' events and hoping it will be just CGT.  But be aware they can see it as 'badge of trade' and charge as though it was income if they think you're a trader.

I am hoping if I cough up CGT and list only Bitcoin bought and sold and just pay up, they will accept it.

If not, I will find others here in the same position and suggest we club together to get a QC to fight HMRC - as paying 45% income tax will be too much to let pass.

I know you and I have different 'cryptos of choice' but we may end up in the same expensive boat, under the same threat of a massive tax bill.

Odds on they will just take the CGT, but if not...  Let's consider a fight - I think we can probably both afford to chip in for a legal case with others, which they won't have the staff or competence to want to bother with.

Sometimes Dashheads and Moneroans can perhaps find common cause ;-)


I was reading about an ultrapreneur tax that is flat 10%, you may need to pass a few ticks and go through some hoops in the year before to meet the conditions.
3720  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 28, 2017, 06:21:21 PM
P.S. Any Monero meetups in my area? Currently in Singapore or Thailand. I know there must be some people who value anonymity and privacy.
Are Monero meetups actually a thing? I can imagine that it would be hard to get a decent sized group of XMR users from any local place that isn't a major city.


There is lots of metups.  It is hard to make them in every village so I guess many need to travel a bit to addend them. On reddit is at least one a week posted, but maybe was such time of a year. Just google a bit and you will find some close to you.
Latest is I guess in Chicago: https://www.meetup.com/Chicago-Monero-Meetup/events/246104735/

Monero London

https://www.meetup.com/Monero-London/
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