I got a little too caught up in the buzz last week and now my cost basis sits around 0.006. Whoops.
I won't sell for a loss but perhaps I should add a bit more XMR to my holdings?
I remember when I bought in Darkcoin at $2.50 and it dropped to $1.20....Then it went back up to $2.50 about 2 weeks later, I sold at that price to not loose profit..and from $2.50 it went straight up to $15. I'm still crying.. Ouch. But at least you did not lose money! Reminds me of when LTC was taking off in March last year...I bought some at 0.005 BTC then gradually more until it topped at 0.0145 and crashed to half that. I was down at least 25 BTC for a week and really kicking myself for getting caught up in the pump. But then a couple weeks later it took off again! So I hold strong on Monero because I think it really has great value. It's fun to send XMR and see how it splits up your outputs. It really works and the devs are focusing on the core issues so I think the next few months will be good for XMR.
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I got a little too caught up in the buzz last week and now my cost basis sits around 0.006. Whoops.
I won't sell for a loss but perhaps I should add a bit more XMR to my holdings?
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Bitcoin = I never regret buying I only regret Selling.
Only sell if you absolutely need the money, truth is nobody knows what will happen even whales.
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It's funny, to point out that it is too difficult for mainstream use right now but the devs have been telling us just that while they focus on the core features. Keep the masses out for now.
Monero is not overvalued, it is fairly valued. And we will know when it is overvalued because everyone will be piling money on top of each other to get some (0.02 and greater).
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Very sorry to hear of your loss, I read your story and was moved to look at the blockchain to see what I might find. I must say I am baffled because it does not fit how I imagine a thief would try to obfuscate funds (using mixers and splitting between many addresses). The spending behavior seems very cautious, as if someone happened to randomly receive these funds in their account and were nervous about moving them. After 20 days, The first output of 1 LTC happened: http://block-explorer.com/address/LbkHZwA2b9a6X21GDe9Xcv1nZkNtcrPyah20 minutes later, 10 LTC spent. http://block-explorer.com/address/LTwHqS9qMy5r2Xix7P7fmSoVtgpTHLFLa3Then 2000 and then the remaining 2855 here. http://block-explorer.com/address/LSR8cnJuC6TQeuUdzuV3Uci5FqvRSXtZPwThey were most likely waiting for confirmations. However the test amounts are what seemed strange to me, because that's the kind of behavior I would use when withdrawing from an exchange. Send 1 coin, wait for it to arrive. OK, cool. Larger amount, received OK. Then a big amount. Is there ANY possible chance you may have accidentally copied that LTC address from your correspondence with anyone else? Another thought, your BTC-e account had been compromised for a long time but the attacker was just waiting for you to make a withdrawal so they could send another for the massive balance and you wouldn't scrutinize it.
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Is anyone expecting a (small) pump on LTC?
Months of smooth downtrend, it is becoming annoying!
take a look at the LTC charts from April-November 2013. nice smooth downtrend to 0.01 BTC/LTC, with some spikes everytime MT tweeted about adding LTC on Gox. I would expect LTC to go lower this time as well, it seems undecided at this point. Also the smart money is in Monero.
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Monero
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thanks for the detail, i was trying to figure this out myself. if this is the case, why is anyone selling Monero this cheap?
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its been awhile since a post has made me laugh for real but this one did it.
to clarify - bigasic made me laugh
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I once saw Dank fly clear across a body of water.
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maybe this thread will be more entertaining when BTC is worth more.
anyone with a job and a little determination can attain a solid bitcoin right now.
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I have enjoyed my life thoroughly and if I was told this I don't think I would go off on a big hurrah.
I would spread my BTC around to family & friends and try to educate them on the value before I die.
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Sure, many average people have HEARD of bitcoin thanks to the bubbles and media frenzies of the past years. They know what it is (money) but they still don't really understand it or know why its necessary.
Not all of those people are rushing online to dump all their USD on Coinbase. Just like it took YEARS of receiving crap America Online CD-ROMs in the mail to get people to try out the internet, this will also take years. (5-10)
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i think people should give him a break. so exchange failed does that mean he has to live penniless and give up his own money?
it was inevitable someone was going to take down mtgox at some point.
remember the coinlab lawsuit? us gov seizing assets? massive ddos?
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Which we should: The cryptonotes at present present a pretty stark trade between stronger anonymity than any other coin, and a huge blockchain and bandwidth use. I tend to be of the view that things like privacy don't scale with lithography, but bandwidth and memory/disk space do, but the size of, e.g., the full Bytecoin blockchain is pretty impressive -- 1.2GB compressed. I keep hearing anecdotal reports from people in ypool that their XMR daemons are filling their entire upstream home Internet connection, though, of course, that could be user error. There's technical progress on part of this front - the BCN developers just announced a client modification to not store the full blockchain in DRAM - but given that people worry about Bitcoin's ability to scale to high transaction volume, I really wonder what they'd say about CN. A fun challenge to solve, certainly.
bitmonerod sometimes will intermittently kill my internet connection. somewhere in r/monero i read devs are fixing this in the next update. i do hold monero as well but i did not buy as much as i should have. hoping to see a good correction.
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I think a lot of guys in Bitcoin are so obsessed with it, the thought of finding an attractive female to share their obsession with is too much for them to handle. It reminds me of this clip from Tommy Boy... https://www.youtube.com/watch?v=c1EyN9xTK94I don't think their intent is to make women uncomfortable. I think they just lack tact and should probably treat women smart enough to be involved in Bitcoin with a little more respect than your average bar drunk. Especially at a meet up... are there even any guys obsessed with bitcoin that aren't completely socially awkward? particularly when it comes to attractive women? I am not socially awkward and regularly spend time with attractive women... Seeing how Bitcoin gained popularity back in 2011, I imagine that many of us old timers are far from what people view as today's typical Bitcoiner. i very rarely talk about bitcoin amongst women if they don't already know about it. try to explain it and their eyes glaze over. as a topic of conversation, it was a bit more interesting in 2011-2013 when you try to explain it and say "you can use it to buy drugs on the internet". now that got women going. (sorry for any stereotyping here but this is just from my experience)
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Let the record state I have checked "ignore" under mr. oneliner Gingermod.
Haha
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Never heard of this company before so I did some digging. CEO: Paul Howarth Mr. Howarth is also related to a company called Graystone. A mining company...gold mining. Very interesting. http://www.graystone1.com/Perhaps some others have more info to share about Avarus! Thanks Wrong forum This is related to the SR coins. Avarus was one of the names on the email list of interested parties. I'm speculating on why they would be interested in buying 3,000+ BTC...thus it belongs in this forum
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Never heard of this company before so I did some digging. CEO: Paul Howarth Mr. Howarth is also related to a company called Graystone. A mining company...gold mining. Very interesting. http://www.graystone1.com/Perhaps some others have more info to share about Avarus! Thanks
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The name that caught my eye was Fred Ehrsam's.
As the ultimate insider who can see the market with as perfect vision as any, I consider his desire to buy large quantities of coins as extremely bullish.
I think everybody needs to put this all in perspective... Go back 12 months and this list would be a rag tag bunch of crypto trolls & holders thats about it That list looks pretty mainstreet investment city to me Yes. If you ask me this "leak" just seems too easy to be a simple accident. By dropping all those names the USMS want to maximize the price they get for those bitcoins and the make others know there will be serious money coming to the table
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