Bitcoin Forum
February 01, 2023, 08:10:46 PM *
News: Latest Bitcoin Core release: 24.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 [74] 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 ... 2189 »
  Print  
Author Topic: [XMR] Monero Speculation  (Read 3309502 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.)
eizh
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500



View Profile
November 17, 2014, 04:16:25 AM
 #1461

But you need to decide why you are invested, if the reasons are the same.  Stay.

Yep, this is Buffet's advice that's universally applicable to any asset. You can get out, but it's also hard to catch a rise, if and when it happens. Alts wouldn't be fun otherwise.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1675282246
Hero Member
*
Offline Offline

Posts: 1675282246

View Profile Personal Message (Offline)

Ignore
1675282246
Reply with quote  #2

1675282246
Report to moderator
1675282246
Hero Member
*
Offline Offline

Posts: 1675282246

View Profile Personal Message (Offline)

Ignore
1675282246
Reply with quote  #2

1675282246
Report to moderator
1675282246
Hero Member
*
Offline Offline

Posts: 1675282246

View Profile Personal Message (Offline)

Ignore
1675282246
Reply with quote  #2

1675282246
Report to moderator
rdnkjdi
Legendary
*
Offline Offline

Activity: 1254
Merit: 1009


View Profile
November 17, 2014, 05:02:49 AM
 #1462

But you need to decide why you are invested, if the reasons are the same.  Stay.

Yep, this is Buffet's advice that's universally applicable to any asset. You can get out, but it's also hard to catch a rise, if and when it happens. Alts wouldn't be fun otherwise.

I don't know that Warren Buffet is really applicable to altcoins ... seems rather ironic.
eizh
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500



View Profile
November 17, 2014, 05:27:51 AM
 #1463

I don't know that Warren Buffet is really applicable to altcoins ... seems rather ironic.

It just follows from the unpredictability of market movements - doesn't have anything to do with individuals, or the type of asset, or any associated politics.
TrueCryptonaire
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000



View Profile
November 17, 2014, 07:47:00 AM
 #1464

i am an idiot i am losing so much money on this

this is where the weak hands lose.

The problem is Monero is massively mispriced currently.
Whales are not supporting it (rather getting out of it).
I do not see any other problem but the price is just too high to keep up the daily emission since the whales are not eating it.
I think Monero could stabilize around 0.0005 btc which is fairer price. Let's see from there if they are able to do something real and we might see some uptrend from there.
rangedriver
Hero Member
*****
Offline Offline

Activity: 714
Merit: 504



View Profile
November 17, 2014, 08:00:48 AM
 #1465

People fudding XMR in anticipation of the Cryptsy pump should be ashamed.
TrueCryptonaire
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000



View Profile
November 17, 2014, 08:10:20 AM
 #1466

People fudding XMR in anticipation of the Cryptsy pump should be ashamed.

LOL  Grin Grin Grin

People buying in cryptsy pump should be ashamed IMO.

My advice is to find the equilibrium price for the coin and not to pump it artificially.
When the equilibrium price has been discovered, then it is time to start accumulating and the price will be able to start rising.
If the price is too high for the absorbing the coins, then the price keeps falling, if the price is too low (meaning: there is more demand than the miners can supply at the price, the price will rise).

Personally I will start my buying at 0.0005 levels and see if it is too high or too low.
rangedriver
Hero Member
*****
Offline Offline

Activity: 714
Merit: 504



View Profile
November 17, 2014, 08:16:27 AM
 #1467

People fudding XMR in anticipation of the Cryptsy pump should be ashamed.

LOL  Grin Grin Grin

People buying in cryptsy pump should be ashamed IMO.

My advice is to find the equilibrium price for the coin and not to pump it artificially.
When the equilibrium price has been discovered, then it is time to start accumulating and the price will be able to start rising.
If the price is too high for the absorbing the coins, then the price keeps falling, if the price is too low (meaning: there is more demand than the miners can supply at the price, the price will rise).

Personally I will start my buying at 0.0005 levels and see if it is too high or too low.

You know as well as I it will never reach those levels.

Like I said:-

People fudding XMR in anticipation of the Cryptsy adoption should be ashamed.

Period.
TrueCryptonaire
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000



View Profile
November 17, 2014, 08:18:28 AM
 #1468

People fudding XMR in anticipation of the Cryptsy pump should be ashamed.

LOL  Grin Grin Grin

People buying in cryptsy pump should be ashamed IMO.

My advice is to find the equilibrium price for the coin and not to pump it artificially.
When the equilibrium price has been discovered, then it is time to start accumulating and the price will be able to start rising.
If the price is too high for the absorbing the coins, then the price keeps falling, if the price is too low (meaning: there is more demand than the miners can supply at the price, the price will rise).

Personally I will start my buying at 0.0005 levels and see if it is too high or too low.

You know as well as I it will never reach those levels.

Like I said:-

People fudding XMR in anticipation of the Cryptsy adoption should be ashamed.

Period.

Okay, then it is time to unload coins if there will be Cryptsy pump. Similar as it gave nice dumping opportunity to dump at Mintpal pump.
TrueCryptonaire
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000



View Profile
November 17, 2014, 08:44:40 AM
 #1469

It's academic anyway. Risto just dumped.

Game over.

It is better let the price find a realistic point from where the community is able to absorb the coins.
Personally I am not quit supporting Monero but I am not a buyer at the moment neither since I do not see it realistic to be able to absorb the emitted coins.
The markets should find the equilibrium price where we are able to buy the coins. When the block reward starts decreasing and some serious development done, the coin will skyrocket. But it will take a while and until then we need to be able to absorb the coins. It is unrealistic to absorb them at this high prices.
rpietila
Donator
Legendary
*
Offline Offline

Activity: 1722
Merit: 1026



View Profile
November 17, 2014, 11:51:09 AM
 #1470

It's academic anyway. Risto just dumped.

If you had been here in June, you would know that the wall was mine, put there to fulfill my promise from that time.  Cheesy so got dumped into is the right wording.

That we agree that price is not in perfect condition (there is no utility without price, so the academicians can enlarge their anus to make their head better fit in).

Everyone knows that alts, even good ones, are a risky business. What are the great positives for Monero, right now:

- CryptoKingdom
- The devteam is still there, still doing things right
- Once emission consensus is reached, whatever the decision, the result is positive and uncertainty goes away
- Like Bitcoin, unlike almost all the other coins, Monero is constantly being followed by people who could buy all of them at this price. It is our job to make it worth getting invested, and they have been smart not to pick the falling knife. I have been smart also to eat the losses so far, and prepare for the turnaround. Imo the turnaround should happen rather soon than late, to not lose community, but people who sell out at the absolute bottom are not worth keeping anyway, and a baggage important providers of liquidity in the following rise.

Reminds me of Bitcoin in fall-2011.

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)
TrueCryptonaire
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000



View Profile
November 17, 2014, 12:28:55 PM
 #1471

It's academic anyway. Risto just dumped.

If you had been here in June, you would know that the wall was mine, put there to fulfill my promise from that time.  Cheesy so got dumped into is the right wording.

That we agree that price is not in perfect condition (there is no utility without price, so the academicians can enlarge their anus to make their head better fit in).

Everyone knows that alts, even good ones, are a risky business. What are the great positives for Monero, right now:

- CryptoKingdom
- The devteam is still there, still doing things right
- Once emission consensus is reached, whatever the decision, the result is positive and uncertainty goes away
- Like Bitcoin, unlike almost all the other coins, Monero is constantly being followed by people who could buy all of them at this price. It is our job to make it worth getting invested, and they have been smart not to pick the falling knife. I have been smart also to eat the losses so far, and prepare for the turnaround. Imo the turnaround should happen rather soon than late, to not lose community, but people who sell out at the absolute bottom are not worth keeping anyway, and a baggage important providers of liquidity in the following rise.

Reminds me of Bitcoin in fall-2011.



Most likely it wasn't you who dumped it, I believe you this since your wall has been for a long time there (however it got squeezed from 100 to 90 and finally 80 btc before it got dumped - this happened within longer period of time).

However the problem is that the Monero simply started waaay too high. Better to start from low and then rise little by little by making higher highs little by little as I suggested to you on Facebook.
In general without some exceptions, investors tend to like bull markets instead of bear markets.
Bear markets make investors frustrated and the frustration shakes weak hands from the markets.

I am still Monero bagholder but as I said, this price I am not buying it currently. I might flipflop but now it just looks too bad for buying.
rdnkjdi
Legendary
*
Offline Offline

Activity: 1254
Merit: 1009


View Profile
November 17, 2014, 01:28:53 PM
 #1472

I wonder what the market knows about that we don't right now. 

rpietila
Donator
Legendary
*
Offline Offline

Activity: 1722
Merit: 1026



View Profile
November 17, 2014, 01:51:07 PM
 #1473

If you had been here in June, you would know that the wall was mine, put there to fulfill my promise from that time.  Cheesy so got dumped into is the right wording.

Most likely it wasn't you who dumped it, I believe you this since your wall has been for a long time there (however it got squeezed from 100 to 90 and finally 80 btc before it got dumped - this happened within longer period of time).

The squeeze I don't see as breaking the promise, becuase it was used as putting bids higher. All in all, my position has increased by more than BTC100 during the time it's been sub-002.

Quote
However the problem is that the Monero simply started waaay too high. Better to start from low and then rise little by little by making higher highs little by little as I suggested to you on Facebook.
In general without some exceptions, investors tend to like bull markets instead of bear markets.
Bear markets make investors frustrated and the frustration shakes weak hands from the markets.

I am still Monero bagholder but as I said, this price I am not buying it currently. I might flipflop but now it just looks too bad for buying.

The problem for some people is that they are way overinvested. I have advocated putting half to crypto and of that, half to Monero, and this (25% of investment worth in Monero) is imho an absolute max for only the most risk-taking ones and only if the investment worth is rather small.

Those who followed my advice, definitely feel the pain (for BTC and esp for XMR). But the ones who put 100% in Monero at 0.004 definitely feel more pain Smiley

No pain, no realistic chance of stellar gains, though  Cheesy

Due to Monero's slide, it's become smaller and smaller percent of my portfolio, and I am only one of the quite many (some of whom I know, some of whose existence I know without knowing the identity) people who make calculated bets with Monero. It's even frustrating to be one (or even The) main cheerleader, when bigger players exist in the shadows and sidelines.

So yes, it is still in whale hands. Bagholder-whale hands  Grin

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)
mmortal03
Legendary
*
Offline Offline

Activity: 1760
Merit: 1010


View Profile
November 17, 2014, 01:55:52 PM
 #1474


Due to Monero's slide, it's become smaller and smaller percent of my portfolio, and I am only one of the quite many (some of whom I know, some of whose existence I know without knowing the identity) people who make calculated bets with Monero. It's even frustrating to be one (or even The) main cheerleader, when bigger players exist in the shadows and sidelines.

So yes, it is still in whale hands. Bagholder-whale hands  Grin

Time to rebalance that portfolio, don't ya think? Something a la The Permanent Portfolio (Harry Browne)? Wink
rpietila
Donator
Legendary
*
Offline Offline

Activity: 1722
Merit: 1026



View Profile
November 17, 2014, 02:03:08 PM
 #1475


Due to Monero's slide, it's become smaller and smaller percent of my portfolio, and I am only one of the quite many (some of whom I know, some of whose existence I know without knowing the identity) people who make calculated bets with Monero. It's even frustrating to be one (or even The) main cheerleader, when bigger players exist in the shadows and sidelines.

So yes, it is still in whale hands. Bagholder-whale hands  Grin

Time to rebalance that portfolio, don't ya think? Something a la The Permanent Portfolio (Harry Browne)? Wink

Buy more XMR? It must have escaped your notice that I just bought 50k today  Grin

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)
Febo
Legendary
*
Offline Offline

Activity: 2688
Merit: 1284



View Profile
November 17, 2014, 02:37:17 PM
 #1476


It is better let the price find a realistic point from where the community is able to absorb the coins.
Personally I am not quit supporting Monero but I am not a buyer at the moment neither since I do not see it realistic to be able to absorb the emitted coins.
The markets should find the equilibrium price where we are able to buy the coins. When the block reward starts decreasing and some serious development done, the coin will skyrocket. But it will take a while and until then we need to be able to absorb the coins. It is unrealistic to absorb them at this high prices.

reward is decreasing daily. it is going under 13 XMR soon.  daily emission is now 18.500 coins, by current price that is 27.7 BTC.

Daily emission drops so fast. only few months ago was way over 20k. So pretty soon there will be way to little coins searching for a new home.

Monero need just more of use, and solid database is first step to get there. And developer knew that in May and are working on it from that moment.

All or at least most that bought Monero in past at higher rate, knew that there is a possibility Monero will get some use, when filling the anonymity niche of crypto currencies.
BitmoreCoin
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
November 17, 2014, 02:59:06 PM
 #1477

If we find some use for XMR, the price is supported.
dEBRUYNE
Legendary
*
Offline Offline

Activity: 2268
Merit: 1141


View Profile
November 17, 2014, 05:35:20 PM
 #1478

Crossposting this:


Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
silencesilence
Legendary
*
Offline Offline

Activity: 1120
Merit: 1000


View Profile WWW
November 17, 2014, 05:43:18 PM
 #1479


Done!
smooth (OP)
Legendary
*
Offline Offline

Activity: 2912
Merit: 1192



View Profile
November 17, 2014, 08:55:00 PM
 #1480

reward is decreasing daily. it is going under 13 XMR soon.  daily emission is now 18.500 coins, by current price that is 27.7 BTC.

Daily emission at 13 XMR is 18720 so it is higher than that now. 18500 is incorrect.
Pages: « 1 ... 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 [74] 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 ... 2189 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!