vokain
Legendary
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Activity: 1834
Merit: 1019
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February 19, 2015, 08:45:13 AM |
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Quicken
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February 19, 2015, 09:43:41 AM |
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Coming from someone that has way more Monero than the 20 btc necessary to drop the order book 50% and keep it there, you guys have no idea what you are talking about.
if I chose to do that, the auto dumping miners would simply hop in front of the remaining parts of my gigantic sell order at .0005btc and keep this downtrend going, while somebody makes an off hand comment about emission schedule
And lets not forget about the upside, anybody want to form a syndicate and get the price back up with a stabilizing bid? PM me
Did this guy just write rptiela is BTC poor I'm paraphrasing, obviously. But "You guys collectively barely have enough bitcoin to buy Monero at firesale prices..." right after rptiela's post on the market does read like he's saying rptiela doesn't have two BTC to rub together. Mind blowing! I think he's just talking about the public buy orders already placed on Polo? As ArticMine says, most of the potential action is not in the form of orders already placed.
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generalizethis
Legendary
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Activity: 1750
Merit: 1036
Facts are more efficient than fud
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February 19, 2015, 09:59:27 AM |
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Coming from someone that has way more Monero than the 20 btc necessary to drop the order book 50% and keep it there, you guys have no idea what you are talking about.
if I chose to do that, the auto dumping miners would simply hop in front of the remaining parts of my gigantic sell order at .0005btc and keep this downtrend going, while somebody makes an off hand comment about emission schedule
And lets not forget about the upside, anybody want to form a syndicate and get the price back up with a stabilizing bid? PM me
Did this guy just write rptiela is BTC poor I'm paraphrasing, obviously. But "You guys collectively barely have enough bitcoin to buy Monero at firesale prices..." right after rptiela's post on the market does read like he's saying rptiela doesn't have two BTC to rub together. Mind blowing! I think he's just talking about the public buy orders already placed on Polo? As ArticMine says, most of the potential action is not in the form of orders already placed. I guess-- but that's reading a lot into the statement considering the two posts prior to his are talking about the market and he's responding directly to those posts. "You guys" I'm assuming is referring to Articmine and rptiella, not whoever has buy orders on Polo--that's a more reasonable assumption, right?
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Indefinitely
Newbie
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Activity: 26
Merit: 0
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February 19, 2015, 02:41:48 PM |
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Well, for starters, I have around a dozen BTC to pledge to XMR once the main GUI account comes out.
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GingerAle
Legendary
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Activity: 1260
Merit: 1008
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February 19, 2015, 02:46:12 PM |
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I haven't confirmed it yet, but polo should now have a mixin of 3 for withdraws.
finally.
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GreekBitcoin
Legendary
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Activity: 1428
Merit: 1001
getmonero.org
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February 19, 2015, 03:30:00 PM |
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I haven't confirmed it yet, but polo should now have a mixin of 3 for withdraws.
finally.
Finally indeed...
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G2M
Sr. Member
Offline
Activity: 280
Merit: 250
Activity: 616
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February 19, 2015, 03:40:44 PM |
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I haven't confirmed it yet, but polo should now have a mixin of 3 for withdraws.
finally.
Finally indeed... I can confirm that they're definitely working on it, at least .. Supposedly, you'll be able to withdraw amounts of >4k "fine now", they say.
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Wind picked up: F4BC1F4BC0A2A1C4
banditryandloot goin2mars kbm keyboard-mash theusualstuff
probably a few more that don't matter for much.
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Miki
Member
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Activity: 68
Merit: 10
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February 19, 2015, 03:46:50 PM |
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Hey, Sorry to post again about XMR.TO, but I thought this might be interesting to the general public of Monero: We just published the docs for our beta API at https://bitcointalk.org/index.php?topic=959994.msg10512430#msg10512430Using the API, devs can integrate our service into any wallet (standalone or website), scripts, webapps etc. Feedback welcome!
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bytemuma
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February 19, 2015, 05:22:41 PM |
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Coming from someone that has way more Monero than the 20 btc necessary to drop the order book 50% and keep it there, you guys have no idea what you are talking about.
You guys collectively barely have enough bitcoin to buy Monero at firesale prices if I chose to do that, the auto dumping miners would simply hop in front of the remaining parts of my gigantic sell order at .0005btc and keep this downtrend going, while somebody makes an off hand comment about emission schedule
And lets not forget about the upside, anybody want to form a syndicate and get the price back up with a stabilizing bid? PM me
Its about 200k xmr to 0.0005. Feel free to dump at any Time. Please dump, so i can buy at that price.
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GingerAle
Legendary
Offline
Activity: 1260
Merit: 1008
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February 19, 2015, 05:27:04 PM |
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Coming from someone that has way more Monero than the 20 btc necessary to drop the order book 50% and keep it there, you guys have no idea what you are talking about.
You guys collectively barely have enough bitcoin to buy Monero at firesale prices if I chose to do that, the auto dumping miners would simply hop in front of the remaining parts of my gigantic sell order at .0005btc and keep this downtrend going, while somebody makes an off hand comment about emission schedule
And lets not forget about the upside, anybody want to form a syndicate and get the price back up with a stabilizing bid? PM me
Its about 200k xmr to 0.0005. Feel free to dump at any Time. Please dump, so i can buy at that price. noooo this uptrend makes me feel good
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nikos64
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February 19, 2015, 05:45:00 PM |
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Damn! TX Fee: 0.5 XMR on poloniex.
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bytemuma
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February 19, 2015, 05:49:19 PM |
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Damn! TX Fee: 0.5 XMR on poloniex.
Can some dev talk to them to lower the fee?
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G2M
Sr. Member
Offline
Activity: 280
Merit: 250
Activity: 616
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February 19, 2015, 05:55:42 PM |
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Damn! TX Fee: 0.5 XMR on poloniex.
Can some dev talk to them to lower the fee? I doubt they're doing it for profit. That's what it costs them. They didn't update for tx fee scaling, and large sized transactions require multiple blocks and multiple transactions of .1 XMR. Apparently that number adds up to .5 XMR, which would mean that they're dealing with an average user taking five transactions to withdraw. Likely the increase in fee is going to be because they're trying to implement a higher mixin withdraw feature. Are people mining to their exchange addresses? Also, why don't you just go ahead and ask them to lower the fee? I'll ask too. Not sure if anything will come out of it, but it doesn't hurt to ask them directly.
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Wind picked up: F4BC1F4BC0A2A1C4
banditryandloot goin2mars kbm keyboard-mash theusualstuff
probably a few more that don't matter for much.
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forevernoob
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February 19, 2015, 06:00:42 PM |
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Why can't they implement an option where you can choose mixin count yourself?
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G2M
Sr. Member
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Activity: 280
Merit: 250
Activity: 616
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February 19, 2015, 06:04:22 PM |
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Why can't they implement an option where you can choose mixin count yourself?
lol, good question. Maybe they're a mining syndicate and want all the tx fees
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Wind picked up: F4BC1F4BC0A2A1C4
banditryandloot goin2mars kbm keyboard-mash theusualstuff
probably a few more that don't matter for much.
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GingerAle
Legendary
Offline
Activity: 1260
Merit: 1008
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February 19, 2015, 06:05:31 PM |
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Damn! TX Fee: 0.5 XMR on poloniex.
Can some dev talk to them to lower the fee? I doubt they're doing it for profit. That's what it costs them. They didn't update for tx fee scaling, and large sized transactions require multiple blocks and multiple transactions of .1 XMR. Apparently that number adds up to .5 XMR, which would mean that they're dealing with an average user taking five transactions to withdraw. Likely the increase in fee is going to be because they're trying to implement a higher mixin withdraw feature. Are people mining to their exchange addresses? Also, why don't you just go ahead and ask them to lower the fee? I'll ask too. Not sure if anything will come out of it, but it doesn't hurt to ask them directly. Damn, didn't think a mixin would cause this much of a fee spike. I'm not mining to my exchange address. Ah, so they're essentially using an old version of the software so no scaling? WTF. for an outfit that has XMR pairing.... surprised they're not on top of this.
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wpalczynski
Legendary
Offline
Activity: 1456
Merit: 1000
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February 19, 2015, 06:12:19 PM |
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There needs to be a decent mixing count in order to increase the anonymity of the network. Why can't they implement an option where you can choose mixin count yourself?
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G2M
Sr. Member
Offline
Activity: 280
Merit: 250
Activity: 616
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February 19, 2015, 06:15:00 PM |
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Damn! TX Fee: 0.5 XMR on poloniex.
Can some dev talk to them to lower the fee? I doubt they're doing it for profit. That's what it costs them. They didn't update for tx fee scaling, and large sized transactions require multiple blocks and multiple transactions of .1 XMR. Apparently that number adds up to .5 XMR, which would mean that they're dealing with an average user taking five transactions to withdraw. Likely the increase in fee is going to be because they're trying to implement a higher mixin withdraw feature. Are people mining to their exchange addresses? Also, why don't you just go ahead and ask them to lower the fee? I'll ask too. Not sure if anything will come out of it, but it doesn't hurt to ask them directly. Damn, didn't think a mixin would cause this much of a fee spike. I'm not mining to my exchange address. Ah, so they're essentially using an old version of the software so no scaling? WTF. for an outfit that has XMR pairing.... surprised they're not on top of this. My guess is that they're not on top of it because they have no competition really. If there was another exchange that would stand to benefit by upgrading the software, and more people used that exchange because of the lower fees, then they might be inclined to update or they'd stand to lose business. But, that's not the case. Right now plx is pretty much the only place to buy Monero easily. Add: Bittrex has a little bit of volume, about 85k 1btc worth traded in the last day, and their fee is .1 xmr
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Wind picked up: F4BC1F4BC0A2A1C4
banditryandloot goin2mars kbm keyboard-mash theusualstuff
probably a few more that don't matter for much.
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GingerAle
Legendary
Offline
Activity: 1260
Merit: 1008
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February 19, 2015, 06:27:46 PM |
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Damn! TX Fee: 0.5 XMR on poloniex.
Can some dev talk to them to lower the fee? I doubt they're doing it for profit. That's what it costs them. They didn't update for tx fee scaling, and large sized transactions require multiple blocks and multiple transactions of .1 XMR. Apparently that number adds up to .5 XMR, which would mean that they're dealing with an average user taking five transactions to withdraw. Likely the increase in fee is going to be because they're trying to implement a higher mixin withdraw feature. Are people mining to their exchange addresses? Also, why don't you just go ahead and ask them to lower the fee? I'll ask too. Not sure if anything will come out of it, but it doesn't hurt to ask them directly. Damn, didn't think a mixin would cause this much of a fee spike. I'm not mining to my exchange address. Ah, so they're essentially using an old version of the software so no scaling? WTF. for an outfit that has XMR pairing.... surprised they're not on top of this. My guess is that they're not on top of it because they have no competition really. If there was another exchange that would stand to benefit by upgrading the software, and more people used that exchange because of the lower fees, then they might be inclined to update or they'd stand to lose business. But, that's not the case. Right now plx is pretty much the only place to buy Monero easily. Add: Bittrex has a little bit of volume, about 85k 1btc worth traded in the last day, and their fee is .1 xmr And their mixin?
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