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502
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: March 02, 2017, 11:51:54 AM
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I think the two major weaknesses Monero have are 1) No masternodes (only dumpages on the exchanges) 2) No ongoing marketing hype. The result is that the price declines against bitcoin.
Masternodes are a liability. They are an attack vector for deanonymizing transactions. We should thank Saberhagen we don't have that. But I assume you like them because they reduce the liquidity of the float thereby causing swings in price to be more amplified. And the ongoing marketing "hype" is just bullshit. You seem to only be interested in Monero as a get rich quick "pump and dump" vehicle. That's fine. My priorities are different though. I do NOT want marketing "hype". When you make the price rise unnaturally you will pay for it eventually. In fact it could be argued we are paying for the dark market hype now. I would propose Dash better meets your desires for a cryptocurrency. To be honest I should have invested into Dark coin when it was cheap (a couple months ago).... I think it is too late now - I am not saying it cannot go higher but definetely it is not that much of a bargain than it was. Yes in terms of market capitalization the idea of masternodes is perfect for a crypto in the world we are living (where cryptos are merely speculation tools). Basically anything that locks coins is preventing the major dumps taking place and helps the price to increase as it is easier to pump a coin that has lowish available supply. I think people investing in Darkcoin understand basic economics.  I am currently investigating coins to diversify, and I am interested in projects that have opportunity to rise in price. You know, I am not an idealist but a speculator. And nope, I have no margin positions to any directions. Woulda, coulda, shoulda,...WCS Now go start a market hype campaign with your own funds. Thanks  Please do not direct the question to the funding issues..... Why not? I'm a big believer that if I want something I would rather do it myself. In the same respect I would expect someone who wants something to do the same. Because me as a funder is kinda weakness of Monero compared to Dark coin that has a set budget for the hyping and pumping. Weakness in self funding by the community that believes in a project? Dark/DASH just sacrificed network security to allow MNs to generate "mining rewards" and took that away from the miners who secure the network. Not really a good argument there. |
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503
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Economy / Speculation / Re: Gold Price Parity Watch
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on: March 02, 2017, 11:07:04 AM
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all we need is for rappers to start wearing btc in their teeth/round their necks and we'll be off to the races...
You mean the BTC symbol...not actual digital bitcoins right? |
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505
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Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;)
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on: March 01, 2017, 10:41:06 PM
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As a pure speculation and investment, isn't it a good thing that the masternodes (large holders) have common interest with the smaller ones? It is not in their interest to lose wealth, rather increase it. It is very good boat for a small fish to be (assuming the small fish has been able to buy low before the hype).
I doubt Darkcoin will be 0.01 after this hype, the new bottom might be somewhere around 0.015-0.025 (depending on how high it will go during the current pump).
I have been following also the number of masternodes recently and behold, they are indeed rising in numbers. I recall just a few days ago there were exactly 4000 masternodes, now they are 4104 so 104 000 more coins have been hoarded from the weak hands.
There are several glaring issues with the concept of master nodes. 1. Currently you need ~$40,000 to operate one just on the 1000 DASH you are required to have locked up. Plus expense on hardware/software/electricity. The barrier to entry is way high. Imagine if it cost $40,000+ to run a bitcoin node or a monero node. 2. Current masternode owners with a large stake (or even exchanges that have dash) will over time gain more master nodes purely from keeping them in a "proof of ping" mode. Nothing else required. Centralization comes to mind. |
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506
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Economy / Speculation / Re: Gold Price Parity Watch
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on: March 01, 2017, 10:31:40 PM
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Time for a update bump ... now within ~$25 of grabbing the golden ring  (we have have even kissed it sometime this morning when BTC spiked and XAU dumped) Crossing the gold price is a major psychological barrier. Interesting times... |
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507
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: March 01, 2017, 10:23:47 PM
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I think the two major weaknesses Monero have are 1) No masternodes (only dumpages on the exchanges) 2) No ongoing marketing hype. The result is that the price declines against bitcoin.
Masternodes are a liability. They are an attack vector for deanonymizing transactions. We should thank Saberhagen we don't have that. But I assume you like them because they reduce the liquidity of the float thereby causing swings in price to be more amplified. And the ongoing marketing "hype" is just bullshit. You seem to only be interested in Monero as a get rich quick "pump and dump" vehicle. That's fine. My priorities are different though. I do NOT want marketing "hype". When you make the price rise unnaturally you will pay for it eventually. In fact it could be argued we are paying for the dark market hype now. I would propose Dash better meets your desires for a cryptocurrency. To be honest I should have invested into Dark coin when it was cheap (a couple months ago).... I think it is too late now - I am not saying it cannot go higher but definetely it is not that much of a bargain than it was. Yes in terms of market capitalization the idea of masternodes is perfect for a crypto in the world we are living (where cryptos are merely speculation tools). Basically anything that locks coins is preventing the major dumps taking place and helps the price to increase as it is easier to pump a coin that has lowish available supply. I think people investing in Darkcoin understand basic economics. I am currently investigating coins to diversify, and I am interested in projects that have opportunity to rise in price. You know, I am not an idealist but a speculator. And nope, I have no margin positions to any directions. Woulda, coulda, shoulda,...WCS Now go start a market hype campaign with your own funds. Thanks Please do not direct the question to the funding issues..... Why not? I'm a big believer that if I want something I would rather do it myself. In the same respect I would expect someone who wants something to do the same. |
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508
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: March 01, 2017, 06:46:55 AM
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I think the two major weaknesses Monero have are 1) No masternodes (only dumpages on the exchanges) 2) No ongoing marketing hype. The result is that the price declines against bitcoin.
Masternodes are a liability. They are an attack vector for deanonymizing transactions. We should thank Saberhagen we don't have that. But I assume you like them because they reduce the liquidity of the float thereby causing swings in price to be more amplified. And the ongoing marketing "hype" is just bullshit. You seem to only be interested in Monero as a get rich quick "pump and dump" vehicle. That's fine. My priorities are different though. I do NOT want marketing "hype". When you make the price rise unnaturally you will pay for it eventually. In fact it could be argued we are paying for the dark market hype now. I would propose Dash better meets your desires for a cryptocurrency. To be honest I should have invested into Dark coin when it was cheap (a couple months ago).... I think it is too late now - I am not saying it cannot go higher but definetely it is not that much of a bargain than it was. Yes in terms of market capitalization the idea of masternodes is perfect for a crypto in the world we are living (where cryptos are merely speculation tools). Basically anything that locks coins is preventing the major dumps taking place and helps the price to increase as it is easier to pump a coin that has lowish available supply. I think people investing in Darkcoin understand basic economics. I am currently investigating coins to diversify, and I am interested in projects that have opportunity to rise in price. You know, I am not an idealist but a speculator. And nope, I have no margin positions to any directions. Woulda, coulda, shoulda,...WCS Now go start a market hype campaign with your own funds. Thanks |
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509
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: March 01, 2017, 06:37:21 AM
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I think the two major weaknesses Monero have are 1) No masternodes (only dumpages on the exchanges) 2) No ongoing marketing hype. The result is that the price declines against bitcoin.
And to that point Bitcoin also has NO masternodes and no ongoing marketing hype like DASH. |
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510
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Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;)
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on: March 01, 2017, 05:59:47 AM
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Moving away from BTC for a moment; anyone know why DASH is suddenly pumping?  Majority of DASH are held in masternodes (4000+ of them) each requiring 1000 DASH each. Only 7 million DASH exist. Likely a good chunk of those 4000+ masternodes are owned by less than 20 people. This would be why the price can pump really high. |
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511
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Economy / Speculation / Re: Top 20 days for Bitcoin
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on: March 01, 2017, 05:23:32 AM
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Update:
BitStamp USD/BTC OKCoin CNY/BTC Kraken EUR/BTC Kraken CAD/BTC CoinCheck JPY/BTC
----------------------- ----------------------- ----------------------- ----------------------- -----------------------
1 2017-02-28 1192.35 | 1 2017-02-28 7969.60 | 1 2017-02-28 1120.27 | 1 2017-02-28 1559.68 | 1 2017-02-28 137761.07
2 2017-02-27 1187.58 | 2 2017-01-04 7930.09 | 2 2017-02-27 1117.60 | 2 2017-02-27 1495.83 | 2 2017-02-24 135923.92
3 2017-02-24 1174.77 | 3 2017-02-27 7924.76 | 3 2017-02-24 1113.01 | 3 2017-02-23 1480.83 | 3 2017-02-27 135030.14
4 2017-02-26 1167.15 | 4 2017-02-24 7885.10 | 4 2017-02-26 1101.62 | 4 2017-02-22 1462.33 | 4 2017-01-05 134130.07
5 2017-02-25 1158.37 | 5 2017-02-25 7771.73 | 5 2017-02-25 1094.56 | 5 2017-01-04 1447.48 | 5 2017-02-26 133575.11
6 2017-02-23 1153.56 | 6 2017-02-26 7730.95 | 6 2017-02-23 1091.44 | 6 2017-02-24 1445.98 | 6 2017-02-25 132916.76
7 2013-11-30 1132.29 | 7 2017-02-23 7670.37 | 7 2017-02-22 1062.21 | 7 2017-02-25 1431.30 | 7 2017-02-23 132337.14
8 2017-02-22 1126.24 | 8 2017-01-05 7503.71 | 8 2017-01-04 1045.93 | 8 2017-02-26 1396.75 | 8 2017-01-04 131489.82
9 2013-12-04 1111.56 | 9 2017-02-22 7464.16 | 9 2017-02-21 1043.01 | 9 2017-02-21 1378.77 | 9 2017-02-22 129848.88
10 2017-02-21 1104.60 | 10 2013-11-30 7405.69 | 10 2017-02-20 1003.13 | 10 2017-01-03 1371.34 | 10 2017-02-21 126654.44
11 2017-01-04 1088.45 | 11 2017-01-03 7389.84 | 11 2017-02-18 999.75 | 11 2017-02-07 1362.32 | 11 2017-01-03 122707.19
12 2013-11-29 1065.36 | 12 2017-02-21 7376.07 | 12 2017-02-17 990.91 | 12 2017-02-08 1361.83 | 12 2013-11-30 122146.55
13 2017-02-20 1065.03 | 13 2017-02-08 7367.02 | 13 2017-02-19 989.48 | 13 2017-02-17 1360.19 | 13 2017-02-20 121947.53
14 2017-02-18 1060.53 | 14 2017-02-07 7347.40 | 14 2017-02-08 983.77 | 14 2017-02-19 1358.94 | 14 2017-01-02 121517.69
15 2017-02-19 1051.93 | 15 2017-01-02 7323.36 | 15 2017-01-03 978.51 | 15 2017-01-05 1356.48 | 15 2017-02-18 121413.79
16 2013-12-03 1050.57 | 16 2017-02-06 7245.30 | 16 2017-02-07 977.62 | 16 2017-01-02 1353.14 | 16 2017-02-19 121203.40
17 2017-02-17 1049.51 | 17 2017-02-05 7216.24 | 17 2017-02-16 974.94 | 17 2017-02-06 1347.02 | 17 2017-02-08 121106.15
18 2017-02-08 1045.63 | 18 2017-02-18 7184.08 | 18 2017-01-05 969.07 | 18 2017-02-05 1339.71 | 18 2017-02-17 120899.37
19 2017-02-07 1043.50 | 19 2017-02-20 7169.83 | 19 2017-01-02 967.42 | 19 2017-02-20 1334.78 | 19 2017-02-16 118865.98
20 2017-02-16 1029.04 | 20 2013-11-29 7156.07 | 20 2017-02-15 959.22 | 20 2017-02-16 1331.86 | 20 2017-02-07 118785.14
Edit: Jackpot! Cha-CHING! Now there just needs to be a 5-10 consecutive days at least before we hit a local top. Viva-las-bitcoin! |
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512
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Economy / Collectibles / Re: ⭕️LEALANA BRASS XMR COINS FOR SALE ⭕️
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on: February 28, 2017, 08:25:50 AM
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I'm interested, are these still available?
I've read the whole post but it is kinda confusing. Do we fund these coins ourselves before you send them out? (I don't want it to say unfunded). Does it have to be 5 XMR?
Thanks.
The answer to all of your questions above is Yes. |
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513
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Bitcoin / Bitcoin Discussion / Re: Break the impasse!
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on: February 28, 2017, 12:41:24 AM
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Enough is enough already! Let's get Roger Ver and GMaxwell into the octagon and just punch it out. Ver wins, it's 8MB; Max wins, it's SegWit. Winner take all. I say that fat fuck goes down in the first round.
The ability to fight is not a great metric for measuring decision making in a technological environment. Dog, you should know this as you said in 2011 that bitcoin would die....oh how you were so wrong. |
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514
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Bitcoin / Bitcoin Discussion / Re: Egad. 81,000 + Transactions Unconfirmed. Again. Ugh!
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on: February 27, 2017, 11:08:34 PM
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Yes, and $1840 per megabyte, so what was your point exactly?
Bitcoin fees should be pennies not dollars. There is no need to charge high fees right now (recent spike in fees is due to artificial blocksize scarcity). I just love the hypocrisy of these small blockers. They claim that since the network isn't completely congested, there's no problem "right now"... and then claim we need to address fee based security concerns that won't be an issue for decades. Fees being pennies vs dollars is such an arbitrary claim That's like saying: "Fuck demand and supply, computers need to cost dollars, not hundreds of dollars. Broken logic |
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515
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Bitcoin / Bitcoin Discussion / Re: price at all time high while utility at all time low
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on: February 27, 2017, 08:39:27 AM
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Last time I participated in these discussions was I think several years ago. Right around the time that Hearn and Andressen were spouting dire warnings about how Bitcoin only had a month or two to live unless the blocksize was raised ASAP. Now, years later, Bitcoin is going strong, setting new highs, and an actual well designed and well thought out solutions are available when needed.
Back then the fear-mongering actually convinced a surprising number of users. Now not so much...just a few residual dead-enders like the OP. In fact almost nobody seems to be buying the bullshit. The consequence of the crying wolf by 'trusted figures' no doubt, but also more people who are on this board seem to have a better grasp of the technology, the threats, and the trade-offs. That's pretty encouraging to me.
I think the fact that many users are reporting their transactions cannot be confirmed in a reasonable amount of time (I'm currently waiting over 12 hours) and there's 43,000 unconfirmed transactions is exactly what Gavin was talking about. Yes, more people have a better grasp of the technology, threats, and trade offs... More people are waking up to the fact that we can simply increasing the blocksize and avoid this mess. Simple solution: Increase your fee from XX cents to YY cents. Problem solved. If fees continue to go up that would probably mean and imply that bitcoin will be used for high value transfers. Which opens up the market to another crypto taking on the smaller transactions that bitcoin may not be able to handle. |
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517
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Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin problems are pushing me to Dash ! Thanks Amanda Johnson
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on: February 27, 2017, 04:15:32 AM
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I don't trust Adam Back, Nick Szabo, or Gregory Maxwell. Those are some one else's legendary heroes, definitely not my heroes. I trust more Roger Ver, Amanda Johnson, Mike Hearn, Vitalik Buterin and -- most importantly -- my own judgement. And my brain tells me that Adam Back, Nick Szabo, Gregory Maxwell (and Peter Wuelle) are all WRONG. (just like all Ripple developers, that are trying to centralize the crypto space and take my liberty away; It won't fly here. Not with me and not with my fellow investor-friends). ==== Fundamental problem with Bitcoin: Lightning Network leads to centralization and less security http://www.wallstreettechnologist.com/2016/10/03/lightning-network-will-it-save-bitcoin-or-break-it/Your perspective is misguided if you think they are "heroes". Facts are facts. Like Hearn had a hernia, Roger Ver has a pretty bad track record of making bad calls, Scamanda doesn't really know what a sybil attack is when asked by BU podcast hosts, ...etc. Your brain tells you they are "wrong"? Okay that's fine, but do you realize that Evan (the high priest of DASH) will not and cannot have a public debate/live stream where he answers the difficult questions regarding XCOIN/DARKCOIN/DASH's shady and very questionable history since its inception. Try asking Evan why he claims he was making a FOR-PROFIT coin in Dec 2013 on the bitcoin dev mailing list then claimed 1.5 years later that DASH was a hobby. Do your research and not go only on "your brains tells you certain people are WRONG". many people trusted Bernie Madeoff before his scam went belly up. I'm sure people thought all the opposers to his "investment" were WRONG too. |
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518
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Economy / Collectibles / Re: [Notice] Stolen Bitpiece coin - Public address to look out for
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on: February 25, 2017, 05:41:15 AM
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It's wrapped like classified media would be. If some one were to steal it, they would have to leave the premisis and gnaw at it for about 15 minutes.
In the 3.5 years of me using registered mail shipping, I have yet to lose a single package. The worst case I've had is the person didn't pick up the package after like 2-3 weeks and customs shipped it back to me and it eventually got back to me untampered. To date, registered mail has been quite safe for me personally. |
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519
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Economy / Speculation / Re: Traders Are Cockroches
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on: February 25, 2017, 02:56:02 AM
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Bitcoin now should be above 1300$ but as soon Bitcoin cross 1200$ these cockroches sell then it comes down to 1150$ then it rise again to 1200$ and these cockroches sell again...
Bitcoin should cost more than gold price for at atleast a month to get massive media attention, gold price right now is 1250$, so Bitcoin must to cost at least 1270$ to get it to the next level with massive media attention and investments.
No this is not speculation, they are playing with market...
What are "cockROCHES"? |
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