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Author Topic: [XMR] Monero Speculation  (Read 3313495 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
OrientA
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October 31, 2015, 03:15:45 PM
 #10661

Totally agree.  Obviously, China is driving the BTC rise, with 80-85% of the volume.  A few pages back, there was some speculation about how easy it is for Chinese folks to circumvent controls using BTC, with the implication being that there is no real need for XMR.

There is no need to circumvent controls to use bitcoin in China. As there is no control for individuals. There is not much usage of bitcoin in China, only the transactions in exchanges.
Harpua
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October 31, 2015, 05:01:26 PM
 #10662

Ok guys, just bought my first big amount of XMR, couldn't ride the bitcoin train anymore and feel like this is the best price to buy in bulk... Even though it's not an astronomical amount that people like AP would consider "big", but it's pretty huge for me given my budget I'm working on.  Just thought I should share with my new found fam  Grin
americanpegasus
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October 31, 2015, 05:05:39 PM
 #10663

Ok guys, just bought my first big amount of XMR, couldn't ride the bitcoin train anymore and feel like this is the best price to buy in bulk... Even though it's not an astronomical amount that people like AP would consider "big", but it's pretty huge for me given my budget I'm working on.  Just thought I should share with my new found fam  Grin
 
  
Just imagine the people that scraped together enough $ to buy 500 or 1000 bitcoins back in the day thinking they didn't have much compared to the other guys.  
  
Time both humbles us and exalts us all.  Both of us might lose our ass, but I feel this is a risk worth taking for me.  Even if I lose, I'll know I lost supporting something worthwhile.

Account is back under control of the real AmericanPegasus.
Harpua
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October 31, 2015, 05:15:17 PM
Last edit: October 31, 2015, 08:04:04 PM by Harpua
 #10664

Ok guys, just bought my first big amount of XMR, couldn't ride the bitcoin train anymore and feel like this is the best price to buy in bulk... Even though it's not an astronomical amount that people like AP would consider "big", but it's pretty huge for me given my budget I'm working on.  Just thought I should share with my new found fam  Grin
 
  
Just imagine the people that scraped together enough $ to buy 500 or 1000 bitcoins back in the day thinking they didn't have much compared to the other guys.  
  
Time both humbles us and exalts us all.  Both of us might lose our ass, but I feel this is a risk worth taking for me.  Even if I lose, I'll know I lost supporting something worthwhile.

Yeah, ever since I stumbled upon XMR and was introduced to it by people like you on the subreddit, I have been trying to scrape as much money as I can to put into XMR... I was honestly trying to ride the bitcoin train to accumulate as much as possible, but I honestly can't see it going any higher right now and feel like this is the best XMR/BTC ratio we'll see for sometime.  At least I hope so (lol).  I just don't see how XMR won't be a success... it's just too good.

Edit: Also, just curious, does poleniex calculate how much is being converted from bitcoin to XMR?  I have looked for my purchase earlier to see if it was on there, and it wasn't.
dEBRUYNE
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October 31, 2015, 08:21:34 PM
 #10665

Ok guys, just bought my first big amount of XMR, couldn't ride the bitcoin train anymore and feel like this is the best price to buy in bulk... Even though it's not an astronomical amount that people like AP would consider "big", but it's pretty huge for me given my budget I'm working on.  Just thought I should share with my new found fam  Grin
 
  
Just imagine the people that scraped together enough $ to buy 500 or 1000 bitcoins back in the day thinking they didn't have much compared to the other guys.  
  
Time both humbles us and exalts us all.  Both of us might lose our ass, but I feel this is a risk worth taking for me.  Even if I lose, I'll know I lost supporting something worthwhile.

Yeah, ever since I stumbled upon XMR and was introduced to it by people like you on the subreddit, I have been trying to scrape as much money as I can to put into XMR... I was honestly trying to ride the bitcoin train to accumulate as much as possible, but I honestly can't see it going any higher right now and feel like this is the best XMR/BTC ratio we'll see for sometime.  At least I hope so (lol).  I just don't see how XMR won't be a success... it's just too good.

Edit: Also, just curious, does poleniex calculate how much is being converted from bitcoin to XMR?  I have looked for my purchase earlier to see if it was on there, and it wasn't.

Regarding your edit, if I recall correctly you can analyze your trades somewhere and also calculate an average.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
DaveyJones
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October 31, 2015, 09:42:41 PM
 #10666

Ok guys, just bought my first big amount of XMR, couldn't ride the bitcoin train anymore and feel like this is the best price to buy in bulk... Even though it's not an astronomical amount that people like AP would consider "big", but it's pretty huge for me given my budget I'm working on.  Just thought I should share with my new found fam  Grin
 
  
Just imagine the people that scraped together enough $ to buy 500 or 1000 bitcoins back in the day thinking they didn't have much compared to the other guys.  
  
Time both humbles us and exalts us all.  Both of us might lose our ass, but I feel this is a risk worth taking for me.  Even if I lose, I'll know I lost supporting something worthwhile.

Yeah, ever since I stumbled upon XMR and was introduced to it by people like you on the subreddit, I have been trying to scrape as much money as I can to put into XMR... I was honestly trying to ride the bitcoin train to accumulate as much as possible, but I honestly can't see it going any higher right now and feel like this is the best XMR/BTC ratio we'll see for sometime.  At least I hope so (lol).  I just don't see how XMR won't be a success... it's just too good.

Edit: Also, just curious, does poleniex calculate how much is being converted from bitcoin to XMR?  I have looked for my purchase earlier to see if it was on there, and it wasn't.

Regarding your edit, if I recall correctly you can analyze your trades somewhere and also calculate an average.

https://poloniex.com/tradeHistory Wink
dEBRUYNE
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November 01, 2015, 01:30:51 AM
 #10667

A continuation for all purpose programming of what needs to get done in Monero (by MoneroMooo)

https://forum.getmonero.org/7/open-tasks/2410/a-continuation-for-all-purpose-programming-of-what-needs-to-get-done-in-monero?sort=date_desc

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
languagehasmeaning
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November 01, 2015, 01:42:31 AM
 #10668

A continuation for all purpose programming of what needs to get done in Monero (by MoneroMooo)

https://forum.getmonero.org/7/open-tasks/2410/a-continuation-for-all-purpose-programming-of-what-needs-to-get-done-in-monero?sort=date_desc

From what I can tell everyone appears happy with the work he has done so far. Earning his commitment for another 450 hours seems like a wise decision.
smooth (OP)
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November 01, 2015, 01:43:41 AM
 #10669

A continuation for all purpose programming of what needs to get done in Monero (by MoneroMooo)

https://forum.getmonero.org/7/open-tasks/2410/a-continuation-for-all-purpose-programming-of-what-needs-to-get-done-in-monero?sort=date_desc

From what I can tell everyone appears happy with the work he has done so far. Earning his commitment for another 450 hours seems like the wise decision.

I endorse his work and support renewing him for another term.
americanpegasus
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November 01, 2015, 05:17:24 AM
 #10670


I endorse his work and support renewing him for another term.


I pledge 1337 XMR towards the contract, as soon as a donation link is posted. 

Also, check my new sweet, sweet custom signature (that I spent way too long getting right)

Account is back under control of the real AmericanPegasus.
jwinterm
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November 01, 2015, 05:19:03 AM
 #10671

...

Also, check my new sweet, sweet custom signature (that I spent way too long getting right)

Why do you have parentheses around XMR and AEON in your signature?
newb4now
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November 01, 2015, 05:23:06 AM
 #10672


Also, check my new sweet, sweet custom signature (that I spent way too long getting right)

I like the new signature but think the font is too small.
americanpegasus
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November 01, 2015, 05:29:36 AM
 #10673


Why do you have parentheses around XMR and AEON in your signature?

I removed them, but when doing that with the BTC ticker it auto-generates the bitcoin symbol.  I guess it was a small protest that this website only does that feature for Bitcoin and not Monero yet.   Wink


I like the new signature but think the font is too small.

I increased it a little, even though it doesn't display correctly on the Profile page anymore.  Sad  I figured it's big enough now that if you want to look at it, it's there without being garish.   Also, I gotta acknowledge that I ripped the design from the Magical Dice signature campaign and reformatted it for my own use.  Someone worked hard on making their signature campaign pretty.

Account is back under control of the real AmericanPegasus.
BitcoinForumator
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November 01, 2015, 06:30:55 AM
 #10674

americanpegasus, thanks for educating the less knowledgeable. I don't know if your vision will ultimately pan out, but it is compelling to read about it.
dEBRUYNE
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November 01, 2015, 06:14:27 PM
 #10675

Someone took out ~12k in shorts around 12:00 PM UTC and immediately dumped it on the market.

Quote
2015-11-01 12:14:05 23658.71574870 0.00000000 0.0099% / 0%
2015-11-01 12:13:04 35546.25698950 0.00000000 0.0068% / 0%

First row is total XMR offered, second is total XMR demanded, last row is weighted average interest rate.

See -> http://monerodice.pd.to/polo.php

You can see the dump on the charts (chart is UTC+1):


Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
americanpegasus
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November 01, 2015, 06:33:42 PM
 #10676


First row is total XMR offered, second is total XMR demanded, last row is weighted average interest rate.

 
 
Whoa; I had no idea that Bitcoinwisdom let you see the XMR/BTC pair!  They're my favorite price tracking site for BTC, and now they just got better!

Account is back under control of the real AmericanPegasus.
dEBRUYNE
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November 01, 2015, 06:37:32 PM
 #10677

Next to MoneroMooo's new proposal, he also gave an update on the official forum -> https://forum.getmonero.org/9/work-in-progress/334/fund-a-developer-moneromoo-will-work-part-time-on-monero-for-260-hours-over-approx-6-months?page=&noscroll=1#post-4252

@americanpegasus: Yeah they have a pretty awesome UI.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
smoothie
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November 01, 2015, 08:51:46 PM
 #10678

Next to MoneroMooo's new proposal, he also gave an update on the official forum -> https://forum.getmonero.org/9/work-in-progress/334/fund-a-developer-moneromoo-will-work-part-time-on-monero-for-260-hours-over-approx-6-months?page=&noscroll=1#post-4252

@americanpegasus: Yeah they have a pretty awesome UI.


This feature is pretty cool I will have to check out:

Quote
one can now set a custom default mixin in simplewallet

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     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
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                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
XMRpromotions
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November 02, 2015, 05:08:59 AM
 #10679

Next to MoneroMooo's new proposal, he also gave an update on the official forum -> https://forum.getmonero.org/9/work-in-progress/334/fund-a-developer-moneromoo-will-work-part-time-on-monero-for-260-hours-over-approx-6-months?page=&noscroll=1#post-4252

@americanpegasus: Yeah they have a pretty awesome UI.


This feature is pretty cool I will have to check out:

Quote
one can now set a custom default mixin in simplewallet

There have been many improvements recently. Lets thank our development team for all their hard work!

Don't buy Monero: https://twitter.com/MoneroPromotion/status/746006420508729344

XMR: 43hPTYyKarCTWyh4ZnMVn8AtFeEmtzTXo3Y6TGGMV26BWonJ4tpR7eP9RkUDYQbvg6LbrnMXWfghddE NGtvKxr7B5oML4qd
owm123
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November 02, 2015, 10:34:20 AM
 #10680

Next to MoneroMooo's new proposal, he also gave an update on the official forum -> https://forum.getmonero.org/9/work-in-progress/334/fund-a-developer-moneromoo-will-work-part-time-on-monero-for-260-hours-over-approx-6-months?page=&noscroll=1#post-4252

@americanpegasus: Yeah they have a pretty awesome UI.


This feature is pretty cool I will have to check out:

Quote
one can now set a custom default mixin in simplewallet

There have been many improvements recently. Lets thank our development team for all their hard work!

So except MoneroMoo, who is also actively working on the monero code?

Bitcoin is NOT anonymous: http://www.bitcoinisnotanonymous.com
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