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Author Topic: [XMR] Monero Speculation  (Read 3312366 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.)
XMRpromotions
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March 06, 2016, 10:30:32 PM
 #14021

Somebody knows when Zcash will launch and if there will be a ICO? Or only premine? how will they distribute?

And When Zcash launches, it will be a threat for coins like XMR and DASH, how do you guys see this?

The more concurrency in crypto privacy space the better. If zcash will provide superior technology and become better and safer option for privacy oriented users than xmr, than its good. Privacy wins. 

Yes Z.cash may have a very slight edge under ideal conditions over Monero with ring CT in the privacy / fungibility area; however there is a lot more to Monero than privacy / fungibility.

There is the issue of blocksize and scaling that is currently plaguing Bitcoin. Monero has a viable solution for this. I have not seen a solution to this issue from Z.Cash at all. So privacy / fungibility alone may not win. What good is a minuscule gain in  privacy / fungibility if one has to wait for many hours or even a day for a transaction to confirm as has recently been the case with Bitcoin.

There is also the fact that ringCT will bring multi signature transactions to Monero.
Quote
4.4 Ring Multisignature
Note that a simple version of a t of m of n ring-multisignature can be done with the MLSAG signatures. This allows a group of
m participants to create a multi-signature such that t out of m must sign for the signature to be accepted as valid, and in addition, it is signer ambiguous which m keys are the participants out of the n keys. ...  An expanded writeup of the ring-multisignature is in the works 
from Shen Noether, Adam Mackenzie and Monero Core Team in https://lab.getmonero.org/pubs/MRL-0005.pdf

For people who have the time and inclination to study technical details, I highly recommend reading all of the MRL research papers.

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

XMR: 43hPTYyKarCTWyh4ZnMVn8AtFeEmtzTXo3Y6TGGMV26BWonJ4tpR7eP9RkUDYQbvg6LbrnMXWfghddE NGtvKxr7B5oML4qd
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Bassica
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March 06, 2016, 10:34:38 PM
 #14022

These XMR-shorters should learn to listen to Risto. Very limited upside for unattractively a lot of risk. Long is trend, long is the game.
jehst
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March 06, 2016, 10:40:44 PM
 #14023

These XMR-shorters should learn to listen to Risto. Very limited upside for unattractively a lot of risk. Long is trend, long is the game.

are you referring to me? i'm not shorting

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
medusa13
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hello world


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March 06, 2016, 10:42:30 PM
 #14024

Quite the fight going on in the support zone (255k-265k), it is holding thus far:



Pulling asks might get you 340k, market makers.

it doesnt seem to work out for now, but your wall is massive and enormous Kiss
i hope its here to stay

XMR Monero
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March 06, 2016, 10:50:11 PM
 #14025

These XMR-shorters should learn to listen to Risto. Very limited upside for unattractively a lot of risk. Long is trend, long is the game.

are you referring to me? i'm not shorting

No, I was referring to these guys:
https://twitter.com/ActualAdviceBTC/status/706502147056111617
ArticMine
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March 06, 2016, 10:51:01 PM
 #14026

...

it doesnt seem to work out for now, but your wall is massive and enormous Kiss
i hope its here to stay

Someone trying to sell with a massive buy wall at 0.00259?

Edit: Wall was just removed.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
aminorex
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March 06, 2016, 10:52:36 PM
 #14027

wall is massive and enormous Kiss

That's the short sellers at 280k trying to cover.  We may hit 400 in the next 24 hours.  Bid side up to 1000 now, ask down to 295k.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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March 06, 2016, 10:55:01 PM
 #14028

...

it doesnt seem to work out for now, but your wall is massive and enormous Kiss
i hope its here to stay

Someone trying to sell with a massive buy wall at 0.00259?

Edit: Wall was just removed.

partly moved to 0.00265 - 0.0027 now
koryu
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March 06, 2016, 11:02:04 PM
 #14029

Orderbook is misleading often. Big walls appear and disappear, if they really want to buy that many they wouldn't advertise it?!
But I also think xmr can still go x2 or x4 from here. Sold only little amount in 0.03x
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21 million. I want them all.


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March 06, 2016, 11:05:55 PM
 #14030

The Bob Surplus pump and dump twitter people are back in full force it seems

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
nioc
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March 06, 2016, 11:13:40 PM
 #14031

Thanks shorts, I can no longer avg down but I bought a little bit @ 266.  Then BOOM!

WTF, any exchange I go to my sell button is disabled.
dEBRUYNE
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March 06, 2016, 11:28:37 PM
 #14032

Thanks shorts, I can no longer avg down but I bought a little bit @ 266.  Then BOOM!

WTF, any exchange I go to my sell button is disabled.

They are desperately trying to protect that 310k level. They even took out more to put it in front off it.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
Bicmac1973
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March 06, 2016, 11:29:26 PM
 #14033

I really need to get some sleep, but I don't want to miss the showdown.
Crypto is my productivity killer #1.

signatures lie!
boolberry
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March 07, 2016, 12:04:21 AM
 #14034

Thanks shorts, I can no longer avg down but I bought a little bit @ 266.  Then BOOM!

WTF, any exchange I go to my sell button is disabled.

Good timing with 266 buy.  What do you mean sell button is disabled?

aminorex
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March 07, 2016, 12:09:16 AM
 #14035

ask side went down to 236k, shot back up to 293k, now declining past 287k again.  this is so fun to watch.  well, i may be unusual in that regard.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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March 07, 2016, 12:09:26 AM
 #14036


WTF, any exchange I go to my sell button is disabled.

Status Quo.  I like it  Grin
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March 07, 2016, 12:16:28 AM
 #14037

ask side went down to 236k, shot back up to 293k, now declining past 287k again.  this is so fun to watch.  well, i may be unusual in that regard.

Unusual, indubitably.  Alone, not so much  Grin
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March 07, 2016, 12:35:56 AM
 #14038

Thanks shorts, I can no longer avg down but I bought a little bit @ 266.  Then BOOM!

WTF, any exchange I go to my sell button is disabled.

Good timing with 266 buy.  What do you mean sell button is disabled?

Joke.  I have bought many times thinking of the possibility of selling when the price went up and everytime I hodl.  Even knowing it will overshoot and I can buy lower.  Just don't want to give up any Moneroj.  I can't figure tops but I've gotten good at bottoms/support and accumulating there.  I started out buying all the highs but never more than 0.0085  Tongue Embarrassed 
Cheap coins!!!


WTF, any exchange I go to my sell button is disabled.

Status Quo.  I like it  Grin

Someone gets it  Grin
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March 07, 2016, 02:02:30 AM
 #14039

Thanks shorts, I can no longer avg down but I bought a little bit @ 266.  Then BOOM!

WTF, any exchange I go to my sell button is disabled.

Good timing with 266 buy.  What do you mean sell button is disabled?

Joke.  I have bought many times thinking of the possibility of selling when the price went up and everytime I hodl.  Even knowing it will overshoot and I can buy lower.  Just don't want to give up any Moneroj.  I can't figure tops but I've gotten good at bottoms/support and accumulating there.  I started out buying all the highs but never more than 0.0085  Tongue Embarrassed 
Cheap coins!!!



omg 0.0085 is high, rare had such opportunities. my expensivest coins were just a bit over 0.005.
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March 07, 2016, 02:36:20 AM
 #14040

Seems more like we're being groomed to appreciate etherium as it appreciates, to me. Only eth has one less zero in its btc price. The longer the pattern holds, the more it seems like some half cocked plan to make more people like eth.
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