[XMR] Monero Speculation

[Hueristic]

...
I would gently suggest you leave off playing with leverage!

This would be the first time I've tried margin, I'm pretty sure ETH will slowly die from here on with dead cat bounces of course. Much more certain than what the hell XMR is gonna do!

But I'm still not certain of anything at this point except I haven't been at the Casino in a week and need a fix!

Nah really just see this as the only way to increase my holdings for the foreseeable future. Got killed last week. 3 people hit high hands against me for everything. A little painful on the gambling cash.

...

In theory, XMR is a long-term play with lots of volatility in this low price range. But with a superior gain compared to Bitcoin over the next year or two.

My only stance is that if you are going to play in XMR, then accumulate on dips and hold. This is not a P&D wonder.

If you want to short an alt, you need to be very very selective. I will try to remember to make loud noises again on the next opportunity if I am not busy coding. Lisk and Iota might end up being opportunities, or perhaps ETH if he makes a double-top.

Edit: on any very significant up moves until at least through most of Q3, I would take some profits on XMR (not sell all), because I think we have risk of significant volatility in alts due to contagion coming in general markets as well as the Bitcoin halving.

Yeah, I'm not selling one XMR, I may lose them in a margin to get more but the goal is to increase and hold so we agree on that score. I thought about selling at 42 but decided not to (Guess I'm a dumbass). AFA buying in dips, that I have done and will do again if I can find a way to buy without BTC involvement. I think people need to leave BTC and I'm a man of conviction.

Thanks for the info, afa other alts, I feel their cap is to low to consider chancing my XMR on them. Hit me up if you think it's a good time to margin. Your correct more often thean not and if we both agree I'd say thats a good bet.

...

So I was thinking there may be more users like me (I struggled hard but had great help from the community), who would like to support the Monero network but are not that much experienced configuring a Linux server. Therefore I would like to check if there is any interest in extending a fully hosted Monero node:

Can you sign the account for the node over?

[1714692412]

1714692412

[1714692412]

1714692412

[bitebits]

...

So I was thinking there may be more users like me (I struggled hard but had great help from the community), who would like to support the Monero network but are not that much experienced configuring a Linux server. Therefore I would like to check if there is any interest in extending a fully hosted Monero node:

Can you sign the account for the node over?

Yes, the only thing that would need to be changed is the email address.

[smooth]

Reminder that if you are using XMR as collateral you are exposed to risk in both assets. If your XMR collateral declines in value your short may be force closed even if the ETH side of the trade hasn't moved against you. This is less of an issue if you are significantly overcollateralized, but it is there.

[dEBRUYNE]

Figured some people might be interested in this:



Y-axis is correlation, X-axis is the days. That is, day 1 is the first day that both ETH and XMR were trading on Poloniex.

The chart uses a 30 day correlation rolling window.

Correlation for dummies -> http://www.investopedia.com/terms/c/correlation.asp

For what it's worth, the correlation over the whole trading history is ~0.15.

[Hueristic]

Reminder that if you are using XMR as collateral you are exposed to risk in both assets. If your XMR collateral declines in value your short may be force closed even if the ETH side of the trade hasn't moved against you. This is less of an issue if you are significantly overcollateralized, but it is there.

Thx.

...

So I was thinking there may be more users like me (I struggled hard but had great help from the community), who would like to support the Monero network but are not that much experienced configuring a Linux server. Therefore I would like to check if there is any interest in extending a fully hosted Monero node:

Can you sign the account for the node over?

Yes, the only thing that would need to be changed is the email address.

OK, I'll take it off your hands and keep it up. Do they accept paypal?

Figured some people might be interested in this:



Y-axis is correlation, X-axis is the days. That is, day 1 is the first day that both ETH and XMR were trading on Poloniex.

The chart uses a 30 day correlation rolling window.

Correlation for dummies -> http://www.investopedia.com/terms/c/correlation.asp

For what it's worth, the correlation over the whole trading history is ~0.15.

If I'm reading that right it's as I was thinking that they are about to diverge.

[TPTB_need_war]

The below Monero node is about to expire .
Last month luigi1111 extended the node. Anyone interested to support the Monero network and do the same for next month?

I am entirely confused. Why would anyone waste the time to post that to ask for a $4 donation?

Why not just pay the $4 yourself. That isn't even lunch money.

Did you actually read what I wrote? If you think it is about the money you are missing the point.

Support the Monero network by hiring a pre-installed full node for the equivalent of 4$

Recently I switched provider (more expensive, higher specs for simultaneously running a Bitcoin node) and I was wondering what to do with my current Monero node. It hurts a bit to just let it go, especially because it just runs great and is cheap. It is hosted at MikroVPS.eu for 4$ per month and they accept bitcoin (and so Monero through XMR.to).

So I was thinking there may be more users like me (I struggled hard but had great help from the community), who would like to support the Monero network but are not that much experienced configuring a Linux server. Therefore I would like to check if there is any interest in extending a fully hosted Monero node:

I don't understand why you don't just continue to pay for it. Asking for a $4 donation every month is a ridiculous waste of your time.  Seems to me you want to sell multiple hosted nodes for $4 each to many different people  

Or simply ask for someone to take it over permanently, not just a monthly donation which is the way you worded it.

Maybe English is not your native language?

[dEBRUYNE]

Figured some people might be interested in this:



Y-axis is correlation, X-axis is the days. That is, day 1 is the first day that both ETH and XMR were trading on Poloniex.

The chart uses a 30 day correlation rolling window.

Correlation for dummies -> http://www.investopedia.com/terms/c/correlation.asp

For what it's worth, the correlation over the whole trading history is ~0.15.

If I'm reading that right it's as I was thinking that they are about to diverge.

Well over the last period it has actually been ramping up to that 0.5 level again, so that means converging.

[Hueristic]

...

Well over the last period it has actually been ramping up to that 0.5 level again, so that means converging.

Yes but every time it got there as it is now it diverged. Do you have a link to that chart?


Here's a test I made. Lets see what happens. as I understand it I have 2 days correct?

Code:

Sell (Loans-available)	0.02104366	50.00000000	1.05218300	0.0050%	2016-04-18 20:46:13	Cancel

[dEBRUYNE]

...

Well over the last period it has actually been ramping up to that 0.5 level again, so that means converging.

Yes but every time it got there as it is now it diverged. Do you have a link to that chart?

Fair point, but that won't say anything about the future really :-P No I merely made a picture of it, perhaps I could upload the numbers/calculations later.

[Hueristic]

...

Well over the last period it has actually been ramping up to that 0.5 level again, so that means converging.

Yes but every time it got there as it is now it diverged. Do you have a link to that chart?

Fair point, but that won't say anything about the future really :-P No I merely made a picture of it, perhaps I could upload the numbers/calculations later.

Nice, I edited and added a 50 ETH trade I put in.  ^^^^  We'll see what happens.

[lolikop]

The below Monero node is about to expire .
Last month luigi1111 extended the node. Anyone interested to support the Monero network and do the same for next month?

I am entirely confused. Why would anyone waste the time to post that to ask for a $4 donation?

Why not just pay the $4 yourself. That isn't even lunch money.

Did you actually read what I wrote? If you think it is about the money you are missing the point.

Support the Monero network by hiring a pre-installed full node for the equivalent of 4$

Recently I switched provider (more expensive, higher specs for simultaneously running a Bitcoin node) and I was wondering what to do with my current Monero node. It hurts a bit to just let it go, especially because it just runs great and is cheap. It is hosted at MikroVPS.eu for 4$ per month and they accept bitcoin (and so Monero through XMR.to).

So I was thinking there may be more users like me (I struggled hard but had great help from the community), who would like to support the Monero network but are not that much experienced configuring a Linux server. Therefore I would like to check if there is any interest in extending a fully hosted Monero node:

I don't understand why you don't just continue to pay for it. Asking for a $4 donation every month is a ridiculous waste of your time.  Seems to me you want to sell multiple hosted nodes for $4 each to many different people  

Or simply ask for someone to take it over permanently, not just a monthly donation which is the way you worded it.

Maybe English is not your native language?

Some people earn 4$ a day just because its just lunch money for you doesnt mean its someone else also


Im pretty sure there are plenty of monero ¨believers¨ here that just have 100 xmr which in 10 years could be 1k each or much more


If u have 10x or maybe 100x more of that xmr amount im pretty sure u will have sold it all before even reaching 100$


In other words im pretty sure u dont understand why this guy can or cannot pay that 4$ or is just trying to contribute to xmr


sorry my english is bad i know but im sure u understand my point

[smooth]

I agree there is nothing wrong with the sponsored node program they guy is running (for example, I've seen no evidence of getting multiple people to pay for the same node as was suggested), but let's get the discussion of it out of the speculation thread. Thanks.

[noobtrader]

...
in short, Xmr really really need to improve, old hype of gimmick anonimity alone will soon fade away. because only few people need superior anonimity, those are Terorist, drug dealer, tax evader, and kid molester and other horrible stuff while ordinary humble religious law abiding citizen only need to able to use their money easily without the hassle of Command line wallet . yo will need to pimp your wallet that user can use it intuitively....

Wrong as anyone that has had their accounts seized under false pretenses and lost them due to not having those said funds to fight to hold them will attest to. You have no clue do you?

And another example is criminal lawyers that get a judgement by default without notice and wait the required time (as little as one year) and then seize victims account and victim has no recourse as they were never notified they had a judgement against them. You really don't know how the world (US anyway) works do you?

On an aside, I've decided to short ETH with my XMR. What do you guys think would be a good time? And can you close the short at any time during the margin period? I think its going to be a long down trend for Eth now albeit a very long timeline do to the Cap.

surely i was comparing other cryptocurrency against Xmr, there is no such thing as account seizure

Please stop. Your posts are painfully ignorant.

which part of my post were ignorant
that other cryptocurrency are easier to use than monero ?
that monero need major overhaul to stay relevant ?

[TPTB_need_war]

I agree there is nothing wrong with the sponsored node program they guy is running (for example, I've seen no evidence of getting multiple people to pay for the same node as was suggested), but let's get the discussion of it out of the speculation thread. Thanks.

There is a forum for those offers. He could post a link here. I just thought it was quite odd that a guy who can setup and run mining hardware doesn't view $4 as pocket change. Any way, no big deal, just made me confused. I am of course not against someone helping others setup miners.

On other topic, if anyone would like to support my "shitcoin cleanout" efforts, I would appreciate some support on my points about the lack of disclosure on Synereo:

https://bitcointalk.org/index.php?topic=1438301.msg14589302#msg14589302

I think it is applicable here to the extent that competing shitcoins siphon capital away that might find its way to XMR.

[Johnny Mnemonic]

in short, Xmr really really need to improve, old hype of gimmick anonimity alone will soon fade away. because only few people need superior anonimity, those are Terorist, drug dealer, tax evader, and kid molester and other horrible stuff while ordinary humble religious law abiding citizen only need to able to use their money easily without the hassle of Command line wallet . yo will need to pimp your wallet that user can use it intuitively.

Gee, where have I heard this before? Oh right:

"How will privacy and anonymity be attacked?"
  ...
like so many other "computer hacker" items, as a tool for the "Four Horsemen": drug-dealers, money-launderers, terrorists, and pedophiles.

or maybe it was here:

The use of encryption by ‘evil’ groups, such as child pornographer, terrorists, abortionists, abortion protestors, etc., is cited by those who wish to limit civilian access to crypto tools. We call these the ‘Four Horsemen of the Infocalypse,’ as they are so often cited as the reason why ordinary citizen–units of the nation–state are not to have access to crypto [graphy].

You're posturing as an ignorant Monero critic, but I think it's clear what your true intentions are.

[noobtrader]

in short, Xmr really really need to improve, old hype of gimmick anonimity alone will soon fade away. because only few people need superior anonimity, those are Terorist, drug dealer, tax evader, and kid molester and other horrible stuff while ordinary humble religious law abiding citizen only need to able to use their money easily without the hassle of Command line wallet . yo will need to pimp your wallet that user can use it intuitively.

Gee, where have I heard this before? Oh right:

"How will privacy and anonymity be attacked?"
  ...
like so many other "computer hacker" items, as a tool for the "Four Horsemen": drug-dealers, money-launderers, terrorists, and pedophiles.

or maybe it was here:

The use of encryption by ‘evil’ groups, such as child pornographer, terrorists, abortionists, abortion protestors, etc., is cited by those who wish to limit civilian access to crypto tools. We call these the ‘Four Horsemen of the Infocalypse,’ as they are so often cited as the reason why ordinary citizen–units of the nation–state are not to have access to crypto [graphy].

You're posturing as an ignorant Monero critic, but I think it's clear what your true intentions are.

uh... u were missing the point, the point is that no one care to use Monero if there is no improvement aside from anonimity. so what if Monero has the ultimate best anonimity anonimity benefit scammer more than it benefit regular joe.

Other coin dev has lately try hard coding to improve and implementing feature in their coin instead of trolling days and nights. for example :
Dash even if it has just above average anonimity, it has other feature that benefit everyone such as instant transaction. or Ethereum, when it finally uses anonimity feature similiar to Xmr, it will have so many gimmick feature that will dwarf your coin value.

anyway its your money, your investment, whether you want to invest in coin which has no other user except scammer/ hacker/ terrorist/ tax evader etc due to lack of intuitive user interface, or would you invest in coin which has dozen of feature that more likely to  thrive due to mass adoption.

 

[generalizethis]

in short, Xmr really really need to improve, old hype of gimmick anonimity alone will soon fade away. because only few people need superior anonimity, those are Terorist, drug dealer, tax evader, and kid molester and other horrible stuff while ordinary humble religious law abiding citizen only need to able to use their money easily without the hassle of Command line wallet . yo will need to pimp your wallet that user can use it intuitively.

Gee, where have I heard this before? Oh right:

"How will privacy and anonymity be attacked?"
  ...
like so many other "computer hacker" items, as a tool for the "Four Horsemen": drug-dealers, money-launderers, terrorists, and pedophiles.

or maybe it was here:

The use of encryption by ‘evil’ groups, such as child pornographer, terrorists, abortionists, abortion protestors, etc., is cited by those who wish to limit civilian access to crypto tools. We call these the ‘Four Horsemen of the Infocalypse,’ as they are so often cited as the reason why ordinary citizen–units of the nation–state are not to have access to crypto [graphy].

You're posturing as an ignorant Monero critic, but I think it's clear what your true intentions are.

uh... u were missing the point, the point is that no one care to use Monero if there is no improvement aside from anonimity. so what if Monero has the ultimate best anonimity anonimity benefit scammer more than it benefit regular joe.

Other coin dev has lately try hard coding to improve and implementing feature in their coin instead of trolling days and nights. for example :
Dash even if it has just above average anonimity, it has other feature that benefit everyone such as instant transaction. or Ethereum, when it finally uses anonimity feature similiar to Xmr, it will have so many gimmick feature that will dwarf your coin value.

anyway its your money, your investment, whether you want to invest in coin which has no other user except scammer/ hacker/ terrorist/ tax evader etc due to lack of intuitive user interface, or would you invest in coin which has dozen of feature that more likely to  thrive due to mass adoption.

 

I like how your examples are a coin that can't deliver on its promises and a coin that has yet to show it can deliver on its promises. My guess is your "research" is promises + marketcap = good coin.

[noobtrader]

in short, Xmr really really need to improve, old hype of gimmick anonimity alone will soon fade away. because only few people need superior anonimity, those are Terorist, drug dealer, tax evader, and kid molester and other horrible stuff while ordinary humble religious law abiding citizen only need to able to use their money easily without the hassle of Command line wallet . yo will need to pimp your wallet that user can use it intuitively.

Gee, where have I heard this before? Oh right:

"How will privacy and anonymity be attacked?"
  ...
like so many other "computer hacker" items, as a tool for the "Four Horsemen": drug-dealers, money-launderers, terrorists, and pedophiles.

or maybe it was here:

The use of encryption by ‘evil’ groups, such as child pornographer, terrorists, abortionists, abortion protestors, etc., is cited by those who wish to limit civilian access to crypto tools. We call these the ‘Four Horsemen of the Infocalypse,’ as they are so often cited as the reason why ordinary citizen–units of the nation–state are not to have access to crypto [graphy].

You're posturing as an ignorant Monero critic, but I think it's clear what your true intentions are.

uh... u were missing the point, the point is that no one care to use Monero if there is no improvement aside from anonimity. so what if Monero has the ultimate best anonimity anonimity benefit scammer more than it benefit regular joe.

Other coin dev has lately try hard coding to improve and implementing feature in their coin instead of trolling days and nights. for example :
Dash even if it has just above average anonimity, it has other feature that benefit everyone such as instant transaction. or Ethereum, when it finally uses anonimity feature similiar to Xmr, it will have so many gimmick feature that will dwarf your coin value.

anyway its your money, your investment, whether you want to invest in coin which has no other user except scammer/ hacker/ terrorist/ tax evader etc due to lack of intuitive user interface, or would you invest in coin which has dozen of feature that more likely to  thrive due to mass adoption.

 

I like how your examples are a coin that can't deliver on its promises and a coin that has yet to show it can deliver on its promises. My guess is your "research" is promises + marketcap = good coin.

im happy that you like it 

well so far bitcoin has the biggest marketcap and it also has the biggest promise, y u no liek bitcoin

[smooth]

in the long run, moneros inflation is irrelevant tho... what matter is when all top 10 coin has anonymity implemented, how would xmr will stay relevant

ASIC-resistant pure-PoW coin with many independent miners, fair launched, healthy distribution (objectively shown by high available liquidity), vibrant and inclusive open source project that demonstrably attracts developers, integrated into a privacy-centric development effort including the privacy-enhanced cryptocurrency and I2P router development, deployed and proven dynamic block size scalability, 2-year project and code maturity, well-defined governance, strong experienced core team with diverse skills, proven forum funding system (crowdfunding).

I just looked at the top 10 coins. None have a very strong subset of these qualities. There is no risk to Monero's differentiation in the foreseeable future.

honestly i want to hear more good news from xmr community regarding their wallet, as i too once xmr holder and convert all of them when i realize xmr dev seem ignoring investors call for improvement.

I guess you are not aware of the active project underway, funded by the community, to complete development of a brand new GUI wallet. If you were I doubt you would characterize that as 'call for improvement' being ignored.

[noobtrader]

in the long run, moneros inflation is irrelevant tho... what matter is when all top 10 coin has anonymity implemented, how would xmr will stay relevant

ASIC-resistant pure-PoW coin with many independent miners, fair launched, healthy distribution (objectively shown by high available liquidity), vibrant and inclusive open source project that demonstrably attracts developers, integrated into a privacy-centric development effort including the privacy-enhanced cryptocurrency and I2P router development, deployed and proven dynamic block size scalability, 2-year maturity.

I just looked at the top 10 coins. None have a very strong subset of these qualities. There is no risk to Monero's differentiation in the foreseeable future.

honestly i want to hear more good news from xmr community regarding their wallet, as i too once xmr holder and convert all of them when i realize xmr dev seem ignoring investors call for improvement.

I guess you are not aware of the active project underway, funded by the community, to complete development of a brand new GUI wallet. If you were I doubt you would characterize that as 'call for improvement' being ignored.

in other POV, ASIC-resistant pure-PoW CPU mineable coin are botnet paradise

oh great news,  ill wait for good news from Monero wallet development then.