GreekBitcoin
Legendary
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Activity: 1428
Merit: 1001
getmonero.org
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June 06, 2014, 12:33:10 PM |
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I don't mind this low price at all. i just hope it stays low for a while, while I sell my other cryptos to stock up.
I don't sell them at 650000 and watch them drop to 200000 ..You don't mind..but. I do mind If you thought that they were worth having at 650000, why don't you buy more as at 200000 they are a bargain? Maybe you are right..Buy I have no more BTC...  See thats the problem. You are going all in at the time of hype? What do you expect? How can you put everything in exackly at the hype peak? Just because people on poloniex were saying "omg moon" and "buy buy buy" ? 0.0065 was too high for the time being. Monero is solid coin, with solid tech and with many devs. Monero will rise. It needs more markets and actual stuff to buy with it! You havent lose anything except if you sell now. Believe me if you sell now you are going to make me happy  But you can always go and gamble in whatever pump and dump coin you like or just wait... |
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cisahasa
Legendary
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Activity: 910
Merit: 1000
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June 06, 2014, 12:53:23 PM |
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what about bittrex? removed?
just got my btc there to buy!
did i waste my time..?
smart move guys!
xmr was hidden under banner at this page!
no way to find it if you dont know its there!!
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cisahasa
Legendary
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Activity: 910
Merit: 1000
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June 06, 2014, 12:59:25 PM |
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direct link did work, but the hidden xmr icon is kind a disabled there? |
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godt
Member
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Activity: 87
Merit: 10
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June 06, 2014, 02:15:51 PM |
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Hi, I am considering about buying XMR. Can somebody explain in a few sentences the main advantages and disadvantages ?
Thank you.
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David Latapie
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June 06, 2014, 02:28:53 PM
Last edit: June 10, 2014, 12:41:09 PM by David Latapie |
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Hi, I am considering about buying XMR. Can somebody explain in a few sentences the main advantages and disadvantages ?
Thank you.
- Anonymity that actually works, right here, right now
1. no need to trust the mixing entity not to keep logs
2. no need to wait around for others to participate in the mixing
3. mix arbitrary amounts
4. mix with as many as you want, instead of the number of other people available - Could not easily (or at all) be done with Bitcoin or any fork
- Dedicated and proficient team (but I am obviously biased here )
- Fair: no premine, instamine, fastmine, hidden launch..., whatnot (devtome agrees)
- Recognition by major bitcoin actors like Risto Pietila and Gregory Maxwell
A word of advice, though: If you are not able to do your own research, you are not ready to invest. |
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superresistant
Legendary
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Activity: 2156
Merit: 1131
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June 06, 2014, 03:03:56 PM |
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I fully support this kind of thinking. Instead of planning the coin to live 2 weeks for a premine&pump or 2 months for a quickmine&pump, the plan to have a steady and slow emission (the slowness absurdly enough translates to "high inflation" when all the competition is instamined and has therefore a "low inflation" at the time when the coin is actually buyable by the users & investors) over 2 years is preferable to me, with the time well spent in developing functional and secure resources how to use it, and distribute it to the hands of BTC powerhouses. I am not interested in jumping in to anything that does not have a realistic long-term chance of success. Monero has it, so it does not matter a squat what the price is during the following 6 months (except that if it goes down, I will buy more). When I started with BTC, the first thing it did after I bought at $3 was a drop to $2. No problem, I first sold at $200+ ...and now he is buying these kind of things :  |
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GreekBitcoin
Legendary
Offline
Activity: 1428
Merit: 1001
getmonero.org
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June 06, 2014, 03:21:37 PM |
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I fully support this kind of thinking. Instead of planning the coin to live 2 weeks for a premine&pump or 2 months for a quickmine&pump, the plan to have a steady and slow emission (the slowness absurdly enough translates to "high inflation" when all the competition is instamined and has therefore a "low inflation" at the time when the coin is actually buyable by the users & investors) over 2 years is preferable to me, with the time well spent in developing functional and secure resources how to use it, and distribute it to the hands of BTC powerhouses. I am not interested in jumping in to anything that does not have a realistic long-term chance of success. Monero has it, so it does not matter a squat what the price is during the following 6 months (except that if it goes down, I will buy more). When I started with BTC, the first thing it did after I bought at $3 was a drop to $2. No problem, I first sold at $200+ ...and now he is buying these kind of things : How much XMR does this cost right now?  |
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dreamspark
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June 06, 2014, 03:35:03 PM |
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Which lucky SOB just got to buy at 0.001 on Bitrexx?!
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rpietila
Donator
Legendary
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Activity: 1722
Merit: 1036
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June 06, 2014, 03:39:12 PM |
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How much XMR does this cost right now? About 1.36M. Considering that it's more than there exists, it is safe to say that XMR is cheap  EDIT: Ah, did not take into account the most recent drop. Anyway, just added BTC10 to the buy side today, some of it maybe fulfilled already. |
HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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David Latapie
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June 06, 2014, 03:40:07 PM |
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About 1.36M. Considering that it's more than there exists, it is safe to say that XMR is cheap Could not have said better |
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devphp
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June 06, 2014, 03:42:16 PM |
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Real estate is way overpriced these days. Doesn't mean Monero is not underpriced. Just saying |
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rpietila
Donator
Legendary
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Activity: 1722
Merit: 1036
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June 06, 2014, 03:44:54 PM |
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Real estate is way overpriced these days. Doesn't mean Monero is not underpriced. Just saying I wasn't looking for a bargain.. but it does have 13 buildings (8 with roof on) with total floor area of 5000 sqm with 13 ha park and 39 ha other land. I heard that even one of the core devs is paying a visit during the first conference there in 27-29 June. |
HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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nrg_wolf
Legendary
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Activity: 882
Merit: 1000
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June 06, 2014, 03:47:15 PM |
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why do idiots just dump the price....
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surfer43
Sr. Member
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Activity: 560
Merit: 250
"Trading Platform of The Future!"
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June 06, 2014, 03:49:03 PM |
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why do idiots just dump the price....
stolen. resources. |
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dreamspark
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June 06, 2014, 04:08:29 PM |
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How much XMR does this cost right now? About 1.36M. Considering that it's more than there exists, it is safe to say that XMR is cheap EDIT: Ah, did not take into account the most recent drop. Anyway, just added BTC10 to the buy side today, some of it maybe fulfilled already. Yep its definitely buy time again didn't think we would get another chance at these prices but seems people are determined to dump below cost price. Fine by me. |
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surfer43
Sr. Member
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Activity: 560
Merit: 250
"Trading Platform of The Future!"
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June 06, 2014, 04:13:49 PM |
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Monero is not immune to 51% attacks. Moneropool.com has nearly 51% of the network. Moneropool.org has just over 10%. Monero.crypto-pool.fr has just under 5%. Spread the hash!Mining on a larger pool just makes the orphan rate worse for the smaller pools and solo miners.
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TeeBone
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June 06, 2014, 04:16:21 PM |
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Any reason for the price collapse (except supply and demand) ?
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billotronic
Legendary
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Activity: 1610
Merit: 1000
Crackpot Idealist
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June 06, 2014, 04:21:26 PM |
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Any reason for the price collapse (except supply and demand) ?
looking at the order book on polo I would assume just supply and demand. Buy support is down 20 BTC from the last time I looked (12 hours ish ago) |
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