[XMR] Monero Speculation

[cAPSLOCK]

He owes them $100 million.

That is not pretend money.  He intentionally set fire to other peoples money in the name of his ideals.

Sorry, I can't agree. People have to take responsibility for their own trading. You get it wrong, you lose.

If you want safety rails, and an 'everybody wins' mentality, crypto is not for you.

If you didn't try to profit by day trading the announcement (and if you were doing that you realize you were trying fuck someone else out of money right?), then it affected you hardly at all. The price is up significantly from two days ago. Long term holders have nothing to complain about.

I have no problem with you not agreeing.  I did not buy or sell a single monero during any recent time.

I do not disagree that people are responsible for their own trading.  And I never said I want safety rails.  You are making multiple strawmen.

As to me "trying to fuck someone else out of money"  You have absolutely no reason to say that to me.  Be careful please.

But what RS did was wrong.  I have already said why I think that is the case.  Is his point true?  Yes.  Does that justify his means.  No.

[bv68bot]

When the dust settles having a leaderless Monero will be a good thing, XMR finally becomes a 'Staffish'. Public 'leadership' of decentralised crypto currencies doesn't make sense, fluffypony takes a cutain call, and we ALL move on to better things!


https://en.wikipedia.org/wiki/The_Starfish_and_the_Spider

[TrueCryptonaire]

TC, You can't come in here gloating, because we can look at your post history. You turned negative on Monero way before this pump, indicating that you sold at a terrible time. And now you come here trying to reclaim your lost dignity? Yeah, no.

You were one of those guys who caused people to lose money on this pump by saying not to listen to my advice not to buy Monero.
Period.

I have been negative with Monero for months already. This was not anything out of sudden.

I am here to buy Monero only if the price is right.. And now it is way overpriced.

Period.

I do not think Monero is dead but it is simply now overpriced for now.

----

Perhaps you will finally learn to sell when I tell to do so and buy when I do so.

[BlindMayorBitcorn]

Kneejerk reactions of the poor souls undoubtedly considering self-defenestration and the sudden heated urge to plow all my remaining fiat into the market aside, I'm noticing increasingly erratic behavior among very specific people on a recurring basis and am finding myself wondering if they are uniquely correlated to each other beyond the obviously pumpy marketplaces.

Also, has anyone given a feedback on how the meetup went, as opposed to how it didn't?

Has AlphaBay or the like released any numbers? Are gangsters really using it?

[sui_generis]

TC, I do not recall ever telling anyone to buy Monero at any particular price. The only thing I did was to point out that your words cannot be trusted, as your post history indicates that you have malicious motives (extracting XMR from others). In fact, I even alluded to the likelihood that you will soon be the one who is pumping XMR.

[cryptimus prime]

Just from trading perspective: Nearly every coin is in -20 or -30% today in BTC terms, not only XMR. I think XMR will recover faster then many expect, as real announcements are coming and the project is not based on hype like the majority of other crypto projects.

[smooth]

As to me "trying to fuck someone else out of money"  You have absolutely no reason to say that to me.  Be careful please.

I didn't mean 'you' specifically, sorry if that wasn't clear. I had no idea whether you were day trading or not. (You said you weren't, and I have no reason to doubt that).

But the reality is that those who are day trading are playing a zero sum game. If they are buying on the basis of a public pre-announcement, where is your edge in this game? You must be making some sort of judgment based on all available information as to the content, importance, and market-relevance of the announcement  (or others' assessment thereof). Just buying on a public announcement and expecting that to be riskless profit is neither reasonable nor realistic.

But what RS did was wrong.  I have already said why I think that is the case.  Is his point true?  Yes.  Does that justify his means.  No.

I don't entirely disagree. As I said it would not be my preference. I just don't think it was the high offense (essentially theft) some are making it out to be. People traded, some won, some lost. Every trade had two sides.

Just from trading perspective: Nearly every coin is in -20 or -30% today in BTC terms, not only XMR. I think XMR will recover faster then many expect, as real announcements are coming and the project is not based on hype like the majority of other crypto projects.

Agree though to be fair, unfortunately this stunt won't fix hype. It still rules the day and hype may continue to outperform for now.

[sui_generis]

Good point Smooth. The only people who actually lost here (i.e. bought in after pre-announcement), are the ones who were planning on selling to a greater fool. How they rage when they are revealed to be the fools!

[medusa13]

Just from trading perspective: Nearly every coin is in -20 or -30% today in BTC terms, not only XMR. I think XMR will recover faster then many expect, as real announcements are coming and the project is not based on hype like the majority of other crypto projects.

that may be true, but the other coins all gained several hundred % against bitcoin last few weeks, so i dont think your market analysis is really appropiate. XMR would have held up perfectly today if not someone ment he needs to proove something.

[medusa13]

Good point Smooth. The only people who actually lost here (e.g. bought in after pre-announcement), are the ones who were planning on selling to a greater fool. How they rage when they are revealed to be the fools!

not true.

the people who won are those that shorted full power with lots of confidence, not because they did bet, but beause they knew its a hoax, while eveyrone else had to bet if its a hoax or not.
its even more sad that those people are the usual twitter scum. pony probably needed something to brag in front of them.

we all lost some credibility.

this bubble was a legit bubble, it had nothing to do with the anncouncement. i have no idea what markets you guys are watching

[cryptimus prime]

Regarding Spagni I am not sure. I know he made no profit with this, its not how his character is. I am still angry, but in a strange way proud too, very mixed. This has not changed anything on the fundamentals of Monero which are strong. The irony is that the real announcements will come very soon and move the price higher. Today it`s bad, tomorrow it`s just a joke, people will forget it and trade on. So cool down, relax.

From the TA perspective the behaviour of XMR price has not really changed. I expect it to go up again.

[sui_generis]

Medusa, it's true we lost credibility, but we also gained credibility. We lost credibility among dead weight speculators, and gained credibility among principled individuals who are looking for a genuine project to support. As I've said, I don't condone Fluffy's method, but long term I believe this will be a net positive. The negativity surrounding this event will blow over in a few days, while the respect gained with the people we need onboard will extend for years.

[KLONE]

Great day for XMR, better for Spagni to leave on his own terms as a 'clown' than getting jailed by TPTB, or kidnapped by gangsters. Once I saw reports the FBI were 'concerned' about XMR anon features it was obvious Spagni would have to go sooner rather than later.

Thanks for the memories fluffy (but you're a wanker all the same!!)

[noobtrader]

WTS(OTC): 57,000 XMR for EUR/E1/USD/BTC/whatever.

I am about to pay some debts(, und keine Intention die Preise in dem Prozess zu zerstören..).

I read PM daily, usually about 6-9 pm UTC+2.

wow this is interesting...  

after
1. a complementary block explorer that reveals the hidden linkages between Monero transactions. http://www.monerolink.com/  from zcash dev.
2. unlimited number of cryptonote coins bug  http://cryptomining-blog.com/tag/cryptonote-bug/
3. rptilia want to sell  57000 xmr  

WOW... i wonder what kind of surprise news coming next to this coin  

EDIT : this is purely speculation as the title of this thread.

It was a confirmed trolling:

https://twitter.com/fluffyponyza/status/867514780617236480

RS is life‏ @RSisLife4real 6h6 hours ago
Replying to @fluffyponyza

Well, this just means you can't trust Monero's representators on their word. Also this halted significant progress XMR was making.

BAhahahahahahah  


EDIT :
dont hate me guys,  this is your own comrade did this to all of you... dont mind me trollling here, your own lead dev trolled your  
sorry again, this is why i dont invest in your coin...

[cryptimus prime]

Everyone should calm down and read this and think long about it: https://pbs.twimg.com/media/DAoIDBzXcAAsKgR.jpg:large

Spagni: We are Monero. You can hate me, you can ignore the project, but you cannot stop us.

This slogan could turn out to be big PR even if not planned. 

[noobtrader]

Everyone should calm down and read this and think long about it: https://pbs.twimg.com/media/DAoIDBzXcAAsKgR.jpg:large

Spagni: We are Monero. You can hate me, you can ignore the project, but you cannot stop us.

This slogan could turn out to be big PR even if not planned.  

[–]moneronoob12345 19 points 4 hours ago

My post just got censored on /r/monero, was told to post it here because "this is trading / price talk. please move to r/xmrtrader"

Below is my post:

Did @WhalePanda make any money off fluffypony's insider trading?

@WhalePanda retweeted fluffypony's "MAJOR Monero announcement" tweet at 11:02AM May 23 saying:

"I can confirm that it will be huuuuge. $XMR"

Source: https://twitter.com/WhalePanda/status/867078328645296128

Clearly he knew what was going on. Are we supposed to just trust that he did not long/short the market?

Fluffypony basically just stuck his dick in our butts, and a ton of people on this sub are saying "thank you for the lesson", and "fork off if you dont like it". I love fluffypony's trolling behavior, but this is just beyond fucked. The Lead Maintainer of Monero should not use his position to enrich his friends.

EDIT : paging Dr, Spoetnik

[nanobrain]

Hhhmmm, I'm not so sure about all of the apologies and rationales for this ludicrous behaviour. 

We seem to be moving the goalposts from 'we are above all this tawdry marketing and PR' to 'our PR is so counter-intuitive it is unforgettable and brilliant'.

It seems more likely we have witnessed someone under intense pressure have a very public meltdown.

Which ever way you polish this particular PR turd, it remains defiantly a turd.
 

[cryptimus prime]

Which ever way you polish this particular PR turd, it remains defiantly a turd.
 

Even if so, this event is highly overrated and as soon as everybody gets it, we can move on.

[nanobrain]

Which ever way you polish this particular PR turd, it remains defiantly a turd.
 

Even if so, this event is highly overrated and as soon as everybody gets it, we can move on.

What is there to 'get'?

This situation reminds me of a guy called Gerald Ratner -- in the 70 and 80s he had a large chain of jewellers across the UK built up over decades and worth millions.  He catered for the low end of the market lets say cheap and cheerful. In an interview with some periodical he casually let slip that the jewellery his shops sold was 'mainly crap', which it was, everyone knew.  He didn't mean anything malicious by it, he was just being honest. But the quote was jumped on and became front page news.

And that slip cost him his empire - the entire chain (no pun) was worthless within 12 months/two years and he spent his remaining life haunted by that quote.

Business and investment is often run on the magic known as sentiment.

[Wekkel]

This is Cryptocurrency. This is absolute Wild West. Dude owes you Nothing.