[XMR] Monero Speculation

[owlcatz]

Someone just dumped like >50k XMR on poloniex. Price dropped from like .98 USD to .92 USD in minutes! 

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[dEBRUYNE]

MAAM #17 Monero Ask Anything Monday

https://www.reddit.com/r/Monero/comments/4kl2s7/maam_17_monero_ask_anything_monday/

[smooth]

Is it just me, or is this the same type of jibberish that I've heard that promotes ETH... So in a sense, DAO is a smart contract wallet inside a smart contract that is funded by smart contract tokens... Did I get that right?

Just think of it as a big multisig wallet where people pool a bunch of money and then vote on how to spend it. The rest of the gibberish is obfuscation.

Now imagine a giant group of people whose main attraction to pooling their money was to form a decentralized pump and dump, realizing they have to sell at the top or be forced to collectivize and work on a product together with none of the relevant skills and compete against people like Intel.

Maybe they have to work together but it isn't really clear at what level. It may end up more like an investment club where the DAO members just pick where to put the money and don't get more involved than that. (I'd say that is about the best case; anything other than that is more likely to be a horrific failure, if that also isn't). The whole thing is a novel experiment and will likely fail one way or another, but 1) we don't necessarily know how, and 2) it isn't certain.
 

[americanpegasus]

[TrueCryptonaire]

aminorex silent for six weeks

health?

walked away?

He is probably busy nowdays as it is time to waite for buying opportunity.

Yeah.

The same pattern as earlier. Seen the same thing and feeling like deja vu.
However, sometimes his recommendations to trade other assets (wheat, currencies, etc) is also a sign he is waiting cheaper XMR, a couple of times also this has happened.
On the other hand, his bullishness has meant  the dump is on its way.

[pönde]

Even this monero-thread there has been a lots of talking of DAO. May someone explain very simply what it is. Obviously it has something to do with ETH.

And the resent estimation when monero GUI-wallet will be available?

[nioc]

Even this monero-thread there has been a lots of talking of DAO. May someone explain very simply what it is. Obviously it has something to do with ETH.

And the resent estimation when monero GUI-wallet will be available?

Simply?, A place people put money hoping to get rich.   Yes it's been talked about here for the last couple of pages.  If the info given here is not what you are looking for may I suggest you try one of the many threads about it.  However I don't know if you will find the simple you are looking for.

As for the daily question, when is GUI?  I guess the answer is still the same;


copyright: iCEBREAKER

I expect before summer is over and if it is not released this year I will give all my Monero to some one(s) deserving.

[r0ach]

I wish AmericanPegasus would save the irrational XMR shilling for after BTC halving when the Monero wallet is actually near.  We all know there is going to be no breakout until after halving and closer to wallet release.  The BTC halving brings so much uncertainty for altcoins that you need to be some crazed Las Vegas gambler permanently high on cocaine to even touch this market right now.

[griffen1102]

I wish AmericanPegasus would save the irrational XMR shilling for after BTC halving when the Monero wallet is actually near.  We all know there is going to be no breakout until after halving and closer to wallet release.  The BTC halving brings so much uncertainty for altcoins that you need to be some crazed Las Vegas gambler permanently high on cocaine to even touch this market right now.

What are you talking about? The breakout already happened 2 months ago. Do you even look at the chart before you come on here to start talking shit?

[birr]

Ok, big guy, simmer down.

[Febo]

I am not really sure what happened 2 months ago. Price left sub 0.0015 btc area 3-4 months ago.

[TrueCryptonaire]

I am not really sure what happened 2 months ago. Price left sub 0.0015 btc area 3-4 months ago.

The usual spring pump.

[TooDumbForBitcoin]

Ok, big guy, simmer down.

or in pinyin, shimmer down

[DaveyJones]

I am not really sure what happened 2 months ago. Price left sub 0.0015 btc area 3-4 months ago.

The usual spring pump.

Usual for Altcoin? Maybe ... Usual for Monero... who can tell 2 years is nothing one can call "usual"

[Hueristic]

Any whale that is an expert on position trading please PM me so we can chat off board.

I'll be back in a few hours.

[Kramerc]

Bottom sellers are the new top buyers.

[americanpegasus]

FOR ENTERTAININGMENT PURPOSES ONLY:  
  

[ztrader2016]

Seems likely

You know at this two year point BTC was hovering around a dollar and then climbed to $30.

The GUI in the next month or two might send us up to new heights!

If DASH can hit $7 to $15--I am sure XMR will one day since we have the superior technology. The only thing we lack compared to DASH is marketing and we do have a marketing research proposal in the works: https://forum.getmonero.org/6/ideas/2536/marketing-research-proposal

[americanpegasus]

This is dedicated to everyone who has held onto every single XMR despite the Spring bubble collapse.  I think our perseverance will be well rewarded soon.

[sandiman]

This is dedicated to everyone who has held onto every single XMR despite the Spring bubble collapse.  I think our perseverance will be well rewarded soon.

Ahah nice one