needmoney90
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Activity: 114
Merit: 10
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July 07, 2016, 06:04:46 PM |
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Just reading the trollbox. There is a lot of praising Monero right now but also some more critical views. Despite the number of Monero holders right now have increased I think there is still room to grow since not everybody adores XMR yet. When the troll box have multiple orgasms in a row I would be more careful in buying more Moneros.
The trollbox is more like "whats up with XMR" and "what is the XMR news" right now. Any news on XMR??
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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Dotto
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Activity: 981
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No maps for these territories
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July 07, 2016, 06:16:03 PM |
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Wow, here comes the 32 again. You have to be permanently looking at the charts, or not trading at all to not get burnt in a turning point. Hot as nuclear plant core.
It´s a pity BTC is performing poorly.
But is a pleasure to see ETH deflating and quite probably transfering the blood to our baby
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nioc
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July 07, 2016, 06:16:38 PM |
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Let's try to keep it down to 2x monthly, people. Slow and steady wins the race.
After 7 months they still haven't repaired the steam pipe on 35th st. Messes up traffic big time.
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aminorex
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Sine secretum non libertas
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July 07, 2016, 07:27:09 PM Last edit: July 07, 2016, 08:31:37 PM by aminorex |
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I think this regulation is impending, and will do significant damage to BTC: http://europa.eu/rapid/press-release_IP-16-2380_en.htmBut it will be of significant benefit to XMR on a BTC-relative basis. It may well damage XMR relative to fiat, however, at least initially.
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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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Hueristic
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Doomed to see the future and unable to prevent it
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July 07, 2016, 07:53:50 PM |
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I speculate my previous speculation may have been WRONG!
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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birr
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July 07, 2016, 07:57:25 PM |
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I think this regulation is impending, and will do significant damage to BTC: http://europa.eu/rapid/press-release_IP-16-2380_en.htmBut it will be of significant benefit to XMR on a BTC-relative basis. It may will damage XMR relative to fiat, however, at least initially. I suppose these two, uh, measures should concern us, especially the first one * Tackling terrorist financing risks linked to virtual currencies: to prevent misuse of virtual currencies for money laundering and terrorist financing purposes, the Commission proposes to bring virtual currency exchange platforms and custodian wallet providers under the scope of the Anti-Money Laundering Directive. These entities will have to apply customer due diligence controls when exchanging virtual for real currencies, ending the anonymity associated with such exchanges; * Tackling risks linked to anonymous pre-paid instruments (e.g. pre-paid cards): the Commission also proposes to minimise the use of anonymous payments through pre-paid cards, by lowering thresholds for identificationfrom €250 to €150 and widening customer verification requirements. Proportionality has been taken into account, with particular regard paid to the use of these cards by financially vulnerable citizens Whar exactly does "due diligence controls" mean in this context?
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aminorex
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Sine secretum non libertas
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July 07, 2016, 08:31:13 PM |
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Whar exactly does "due diligence controls" mean in this context?
The thread at https://bitcointalk.org/index.php?topic=1541987.0 might help determine the answer.
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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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Monerobuyer0
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July 07, 2016, 08:55:14 PM |
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And anyone who bought XMR on margin is now rekt. Just like always.
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needmoney90
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July 07, 2016, 08:59:36 PM |
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And anyone who bought XMR on margin is now rekt. Just like always.
s/bought/FOMO'd/g
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Monerobuyer0
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July 07, 2016, 09:03:19 PM |
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Polo trollbox is now full of people bragging about their profit on XMR shorts.
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medusa13
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hello world
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July 07, 2016, 10:55:32 PM |
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And anyone who bought XMR on margin is now rekt. Just like always.
thats just not true, no margin calls have been possible. move way too small until now. even if you bought on top with 2.5x
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XMR Monero
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aminorex
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Sine secretum non libertas
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July 07, 2016, 11:07:37 PM |
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Polo trollbox is now full of people bragging about their profit on XMR shorts.
That means they cover, supporting price #GoodForXMR. Nice steady rise is the best case scenario. And in fact it seems to be settling into a new USD level. Monero has leveled up, now a class 10 Warrior. Lisk, I'm looking at you.
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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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newb4now
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July 07, 2016, 11:16:16 PM |
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Let's try to keep it down to 2x monthly, people. Slow and steady wins the race.
In a perfect world price increases would always be linear, but unfortunately that never happens. HODLing instead of trading frequently is probably the best option for most people.
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aminorex
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Sine secretum non libertas
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July 08, 2016, 12:42:06 AM |
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Let's try to keep it down to 2x monthly, people. Slow and steady wins the race.
In a perfect world price increases would always be linear, but unfortunately that never happens. HODLing instead of trading frequently is probably the best option for most people. I usually advocate long-term strictly periodic constant fiat rate dollar cost averaging: It reduces the likelihood of a panic-inducing drawdown (and the stopping time for drawdowns). It is just about the only thing I can broadly recommend to a majority of people without doing much harm. If I try to tell people how to optimize outcomes in the way in which I seek to do it, they never seem to get similar results (often get virtually opposite results), and everyone feels bad about it.
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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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explorer
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July 08, 2016, 12:43:13 AM |
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Let's try to keep it down to 2x monthly, people. Slow and steady wins the race.
In a perfect world price increases would always be linear, but unfortunately that never happens. HODLing instead of trading frequently is probably the best option for most people. I concur. Trading on my small scale requires too much attention, and never fails to get away from me, negating whatever gains I was congratulating myself on. Exciting, but in the long run, I do better to go work for a day and buy at market instead. Let's keep this market rising, then I can retire, and devote the required time to successful trading
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novag
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July 08, 2016, 06:29:34 AM |
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$ 1,202,630 - 24h Volume on Monero!
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Donate for the support of a new Martial arts Style - Aikivindo = Aikido + Wing-Chun (in Ukraine) 5168757318423326 PrivatBank. http://aikivindo.com.uaBTC:1DpRaQjdVmrkSopRV8p9RdwvBMWNA9faCS
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needmoney90
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July 08, 2016, 06:37:53 AM |
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$ 1,202,630 - 24h Volume on Monero!
Thats what I'm getting. Edit: Ah, probably 1.2m in the past 24 hours cumulatively, this graph has a cutoff.
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sandiman
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July 08, 2016, 09:00:42 AM |
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$ 1,202,630 - 24h Volume on Monero!
Thats what I'm getting. Edit: Ah, probably 1.2m in the past 24 hours cumulatively, this graph has a cutoff. Wait wait, is that a kangoroo tail on someone massive distribution no way monero whale why did you had to stop that move
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GingerAle
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July 08, 2016, 09:45:21 AM |
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So I'm really curious what the experienced Monero traders think the bitcoin halvening will do for the Monero BTC price.
Almost everytime bitcoin starts shooting to the moon, the Monero BTC price tanks. Indeed, it is often that Monero will hold its dollar value, but lose its BTC value.
Thus, when the FOMO or general hype of the bitcoin halvening really takes hold (on the short timeframe), I assume lots of people will cash out of Monero and we'll see some massive dumpage. But then again it took months for the "halving effect" to occur last time.
But then we throw into this mix the new twist of the GUI coming out.... at some point.
And what the hell is ethereum still doing at number 2. You kill the social contract and yet everythings still fine?
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Febo
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July 08, 2016, 11:26:08 AM |
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$ 1,202,630 - 24h Volume on Monero!
Yesterdays was 6th most traded day in Monero history. I checked only Poloniex datas, but doubt overall can be any different. So I'm really curious what the experienced Monero traders think the bitcoin halvening will do for the Monero BTC price.
Almost everytime bitcoin starts shooting to the moon, the Monero BTC price tanks. Indeed, it is often that Monero will hold its dollar value, but lose its BTC value.
Thus, when the FOMO or general hype of the bitcoin halvening really takes hold (on the short timeframe), I assume lots of people will cash out of Monero and we'll see some massive dumpage. But then again it took months for the "halving effect" to occur last time.
Well i am not experienced trader. But i dont think halvening will influence Bitcoin much anymore. It is here and Bitcoin is mainly held by speculators, which already speculated what influence should halving have on Bitcoin. I think Monero last half year is not related to anything else then Monero itself. Increased volume is related to Ethereum traded on Poloniex but price increase has nothing to do with it. BTC will raise at some point and I did thought that would short time be bad for Monero. Now I am not really sure. But if this BTC raise will happen when Monero will be much expensive as is now then that maybe could be the case.
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