Legally Licensed to give financial advice != even remotely competent to do so.

No different than ETH being on Poloniex and going through a rise. Polo has not been hacked in recent times. Back in the day yes. But not in the past couple years. I highly doubt a hack will come to a big exchange. I have been watching XMR for years and I really think this coin can do well. DNM adoption is big time deal...if AlphaBay does follow...this is unprecedented news. This could be the first truly private currency we have ever had. - BTC was the first decentralized digital currency and solves many issues. Monero solves privacy. - dash may be private to some extent and may have a place in the future....but XMR if used by the blackmarket will be an obvious powerhouse. If a vendor knows the fundamentals of this currency and transacts in it if he/she were smart they would also hold /store their wealth in XMR. - cash out to BTC / DASH when needed....  buying XMR now could potentially be a massive discount on product across all DNM's in the future if they all adopt it. SO early supporters of XMR will have firesale discounts on products across the dark web.

- Also I know XMR is in no way associated with the DarkNET....just pointing out that this will benefit the currency. Also give it more value as their is a major economy now behind it.

With all the experience on this thread I thought that's what I was doing.
 

Picked up a few k though. Hope it pays off.

Tripping over them? What? We were in the middle of a conversation and I waited a week for him to answer before I even bumped it. XMR started here and it's where I go to talk about it. And apparently no-one else wanted to address the issue.

Stop acting like i kicked your dog, someone asked a question and I answered honestly. That is all I have done the years I have been posting here. I also prefer to have my questions answered in the main thread as it is a good repository I can search. I hate keeping logs.

Hey smoothie,

Is this still the plan for the end run/long term? Thank you.


So will there ever be a number higher than 250 on the coin?

How many sets are you planning to auction? I know this is just 12 so far, but are you planning on just keeping this up until a certain number or how have you been dealing with the demand so far? Thanks again.

Is now a good time to buy XMR or do you guys think it will come down some and offer a better entry.

Yeah, like only skinny white guys can be crypto, right?  GTFOLOL

You know what's crazy?  The other day, if someone wanted to market buy 1% of all initial Monero, they could have acquired 184k Monero and the price would have only increased to about 450k satoshi. 
 
Now they practically can't even do that.  The price would increase to nearly 900k satoshi if they tried.

My wannabe witty bananas speculation:



"From what we see in the frescoes and paintings found at the Palace of Knossos, there are no hints of violence or death. The bull was actually a sacred animal and was never to be killed or tortured in any way."

First of all I have a lot of respect for that you come out and not just assuming that everyone should trust you, "just" because you are making a coin.
I am sometimes surprised about how people are willing to trust new coin producer with their bitcoins, I am not talking about payment but the security of the private key.
When you confront a coin maker about the security, they always say something along the line: all private keys are destroyed, but there are never any kind of clear manifest about the procedure.

I personally think it is reckless to trust a random person with a private key containing anything more than a few bitcents - especially taking the coingraphic indecent into consideration.

The thing that makes a physical crypto coin unique is that it has a private key and it was funded at some point, which is documented in the blockchain.
From this point of view does it not make any difference if it is funded with 1 BTC or 0.01 BTC, however funding the coin with 0.01 BTC reduce the risk significantly for both buyer and producer.

The idea about 2FA or the buyers creates part of the private key takes the risk away from the producer, but it kills the 2nd market for the coin, instead of solely trusting the producer, then will you have to trust the 1st buyer as well, if the passphrase or partly private key is flawed then can the funds never be redeemed by any subsequent buyer.
 
TL;DR: I like small denominations best (0.01 - 0.05), private key created by producer with a clear manifest of how private keys are handled and destroyed, for the reasons stated above.

if they had 90% BTC Offline cold storage this would not have happened, are people seriously that dumb. Stuff your tokens Btc is what we want tokens are for toking on because you got all the BTC. Sound like Bitstamp shut down lots of accounts took their funds like stealing stole BTC and sent it all to bitfinex to try to camoflauge it. And open multiple accounts from all the Bitstamp KYC policy send verification while they blackmail your deposits, trading with your money making money from your loss. And they try to pretend to be russian but from the grammar they use when they speak they are not suka bleyt at all no nordcore radio, no kotzaak nothing. i can tell in the name spelling they dont grasp english grammar properly and spell their russian looking names with indian spelling because they never bothered to learn another language they are so lazy.
When bitstamps volume decreassed bitfinex when through the roof all that BTC had to go somewhere. And they release customers private verification details to US federal marshals and seize bitcoin accounts later selling the accounts to the federal marshals afters they made big profits trading the stolen BTC.
The silk road BTC stolen from phishing and idiots laptop coz he's to lazy to type the url in the address bar in firefox to prevent this google phishing attack. is still full, the turned 8,999.00568663 BTC into 27,000 bitcoin multiple times.
https://blockchain.info/address/167ZWTT8n6s4ya8cGjqNNQjDwDGY31vmHg
i posted this on twitter and they got the shits, they turned off the blockchain and wallet access for KORECOIN that i was trading at the time for likr 300-900 satoshi it then went upto 64000 satoshi, they tried to kill the coin and get it off the market i ended up selling the coin and losing so that they would stop trying to kill the coin. i kept Korecoin alive from last Dec to march16 this year cost me over 10 bitcoin to maintain trading the coin, i had about 60,000 Korecoin but then just dumped it all because someone accused me of being a scam. check my korecoin account address, i can post the CSV tx orderd if you like.
Im not at war with us federal marshals. I will kill anyone who tries to do wrong by me. Or closer to haydes then the minotaur can lurk.
when sites get hacked they still sell some BTC on there thats left for like $50- $150 a coin as compensation.
Why did bitfinex turn BTC trading into stock market type trading? stocks are worthless.
they cant get rid of stocks cheap enough because corporations buy complete towns to kick out all small local business.
if you cant access bitfinex webby try using the app on your phone. Bitstamp, played with my account so i couldnt access my funds, crashed my firefox with a script lucky i had the app, i just logged on the AP API said heres your account withdraw bang 30 seconds they didnt have time to mess my transactions up. However you want it you can have it your way.....If you fvck up my night i'm going to fvck up your day!
If the Us federal marshals want to sell that 8999 BTC they should sell it for 60,000 USD 90% off retail, i'll buy it from you before our aussie dollar goes back up to 99 cents to the dollar you should sell it and i can make and exchange that trades in a dozen old coins no new coins no IPO no stake BS, the miners stake the coin when the wallet mines currency while it has coins in it and is active. Atleast i'd run an exchange site that doesnt rip off the hard work the miners and traders learn. Ive had 7 bitcoin dissapper infront me i check the logs and there at that time so many ftc sold for 6.1 plus 0.7 BTC worth of feathercoin. Those blue arrows on the side of the website buy all the trades but caluate wrong, i read the summary after i counted the sumarry from the tables live so twice i calculate how much coin for how much BTC i will get. if i sell FTC at a 3000 FTC loss every trade 10times thats 30,000 FTC lost due to selling at a price higher then i payed for not 7 BTC. I explained the error and the bug in their software and they a quiet happy that i lost BTC and they gained from my lose. made me throw the 12 BTC left over onto a casino that wouldnt pay jackpots i noticed lol spend 17 BTC winning easily 40-50 BTC and not getting a 5 or a 9 bitcoin jackpot lol.

0.176 BTC

As I see it, in 5 days, the bfx btc balances become eligible for transfer, at which time I expect some to flow into XMR.  It seemed like about 5% of DAO panic funds ended up in XMR.  Maybe 100kBTC flees bfx on Sunday, and about 0.5% (SWAG) of that flows into XMR, moving market cap by about 12%.

Totally wild guesses on those numbers, though.

Market making with a crypto currency like Monero can be very trough. As you correctly point out the market is going to have to find the appropriate levels after the GUI, and also after RingCT/multisig.

Edit: There is also the question of 0.0042-0.0043 XBT levels form a technical perspective. Monero has been in a trading range from 0.0009-0.0043 XBT since August 2014. A breakout from this trading range could be very sharp. 

...

A big question though: if the item is going to be unfunded, should there still be something on it saying (for example) 0.1BTC on it? Or just leave it blank? I may have to buy a few different labels or create my own to order if people want a certain number on theirs.