[XMR] Monero Speculation

[Hueristic]

Anyone else just seen Fluffypony's interview on the Keiser Report?

It's good. It's very fucking good.

Nailed it.

Link?

https://www.rt.com/shows/keiser-report/398169-episode-max-keiser-1104/

Uploaded now.

@14:06

[Febo]

Lots of fake buy walls on Poloniex. Not sure why they actually put them. Hoping for flash crash? Is that even possible in Monero?

[dazbog835]

lol. BCH states under their 'benefits' page, that Bitcoin Cash is fungible. Do other coins that are not fungible, also claim to have fungibility?

[novag]

 Interview with Riccardo Spagni (fluffypony) in Las Vegas.

https://www.youtube.com/watch?v=d5PwhSHMXuE

[bitebits]

[...]
Edit 2: Bytecoin has ~36% of Monero's market cap and ~2.2% of Monero's hashrate with the same POW algorithm. Do the math.

Wouldn't it then be way more profitable to mine Bytecoin? I must be missing something here.

[goin2mars.]

[...]
Edit 2: Bytecoin has ~36% of Monero's market cap and ~2.2% of Monero's hashrate with the same POW algorithm. Do the math.

Wouldn't it then be way more profitable to mine Bytecoin? I must be missing something here.

Block reward is order of magnitude less in value.

[Vigens]

Auction first ever Monero physical coin 1KingCK
https://bitcointalk.org/index.php?topic=2059427.0

[explorer]

So I just noticed Polo has screwed me the last 5 days or so. I opened a long and have left it and my lending rate I set to pay was 2% (default) yet I've been charged between 4.5-5$ for the LAST 5 DAYS (stupid capslock). Does anyone know why this would happen? I really don't want to open a ticket as I have no response to the last two I opened. They are really going down hill fast, I can no longer defend them.

What you set is the initial borrowing rate.  Any roll over will always be at the best available rate at the time.  Recently the lending pool shrank drastically as  people removed btc from exchanges so they could collect their alt fork coins.  Rates mooned, borrowers paid.

[DaveyJones]

Lots of fake buy walls on Poloniex. Not sure why they actually put them. Hoping for flash crash? Is that even possible in Moreno?

No those walls where just there to get the according BCC in case Polo will every attribute them you put a margin buy order low in the book and only pay the interest for the BTC and still also get the BCC

So I just noticed Polo has screwed me the last 5 days or so. I opened a long and have left it and my lending rate I set to pay was 2% (default) yet I've been charged between 4.5-5$ for the LAST 5 DAYS (stupid capslock). Does anyone know why this would happen? I really don't want to open a ticket as I have no response to the last two I opened. They are really going down hill fast, I can no longer defend them.

Most likely you only had 2 day loans and when those run out only the bigger ones were left, and are taken automatically... the order does not get canceled if it doesnt fulfill the 2% you stated in the first order in a renewal
.

[Hueristic]

So I just noticed Polo has screwed me the last 5 days or so. I opened a long and have left it and my lending rate I set to pay was 2% (default) yet I've been charged between 4.5-5$ for the LAST 5 DAYS (stupid capslock). Does anyone know why this would happen? I really don't want to open a ticket as I have no response to the last two I opened. They are really going down hill fast, I can no longer defend them.

What you set is the initial borrowing rate.  Any roll over will always be at the best available rate at the time.  Recently the lending pool shrank drastically as  people removed btc from exchanges so they could collect their alt fork coins.  Rates mooned, borrowers paid.

Lots of fake buy walls on Poloniex. Not sure why they actually put them. Hoping for flash crash? Is that even possible in Moreno?

No those walls where just there to get the according BCC in case Polo will every attribute them you put a margin buy order low in the book and only pay the interest for the BTC and still also get the BCC

So I just noticed Polo has screwed me the last 5 days or so. I opened a long and have left it and my lending rate I set to pay was 2% (default) yet I've been charged between 4.5-5$ for the LAST 5 DAYS (stupid capslock). Does anyone know why this would happen? I really don't want to open a ticket as I have no response to the last two I opened. They are really going down hill fast, I can no longer defend them.

Most likely you only had 2 day loans and when those run out only the bigger ones were left, and are taken automatically... the order does not get canceled if it doesnt fulfill the 2% you stated in the first order in a renewal
.

Well thats a load of horeshit! So they think if they remove all loans that they can force you to pay more than you agreed to. Thats retarded. The margin should close or you should be asked if you agree to a higher rate. Where the fuck does it say I agreed to that shit?

[explorer]

So I just noticed Polo has screwed me the last 5 days or so. I opened a long and have left it and my lending rate I set to pay was 2% (default) yet I've been charged between 4.5-5$ for the LAST 5 DAYS (stupid capslock). Does anyone know why this would happen? I really don't want to open a ticket as I have no response to the last two I opened. They are really going down hill fast, I can no longer defend them.

What you set is the initial borrowing rate.  Any roll over will always be at the best available rate at the time.  Recently the lending pool shrank drastically as  people removed btc from exchanges so they could collect their alt fork coins.  Rates mooned, borrowers paid.

Lots of fake buy walls on Poloniex. Not sure why they actually put them. Hoping for flash crash? Is that even possible in Moreno?

No those walls where just there to get the according BCC in case Polo will every attribute them you put a margin buy order low in the book and only pay the interest for the BTC and still also get the BCC

So I just noticed Polo has screwed me the last 5 days or so. I opened a long and have left it and my lending rate I set to pay was 2% (default) yet I've been charged between 4.5-5$ for the LAST 5 DAYS (stupid capslock). Does anyone know why this would happen? I really don't want to open a ticket as I have no response to the last two I opened. They are really going down hill fast, I can no longer defend them.

Most likely you only had 2 day loans and when those run out only the bigger ones were left, and are taken automatically... the order does not get canceled if it doesnt fulfill the 2% you stated in the first order in a renewal
.

Well thats a load of horeshit! So they think if they remove all loans that they can force you to pay more than you agreed to. Thats retarded. The margin should close or you should be asked if you agree to a higher rate. Where the fuck does it say I agreed to that shit?

lol  it's all there.  I prefer the current model where you are free to close your position any time if it gets too hot, as opposed to being liquidated inopportunely because of rising fees which may or may not be of concern.

[DaveyJones]

Well thats a load of horeshit! So they think if they remove all loans that they can force you to pay more than you agreed to. Thats retarded. The margin should close or you should be asked if you agree to a higher rate. Where the fuck does it say I agreed to that shit?

Well its hidden in their https://poloniex.com/support/aboutMarginTrading/ category

To quote

It is important to remember that although you can specify your maximum loan rate when you place an order, you may end up with a higher rate if you keep an order or position open for more than two days. This is because your loans may expire after that amount of time and be transferred to new lenders at the best available rate.

[rdnkjdi]

Well thats a load of horeshit! So they think if they remove all loans that they can force you to pay more than you agreed to. Thats retarded. The margin should close or you should be asked if you agree to a higher rate. Where the fuck does it say I agreed to that shit?

At least you aren't like that guy on bitcoinmarkets who had closed all of his margin for 8 days and couldn't get his loan to close.  Then his rates went up to 4% a day . . .

[AlteregoX]

I know this is the Monero thread, but i have a very small amount of money, do you think i should invest in XMR or ETH?

[novag]

Cost of a 51% Attack and Security of Bitcoin, Monero, Litecoin and other Cryptocurrencies

https://freedomnode.com/blog/86/cost-of-51-attack-and-security-of-bitcoin-monero-litecoin-and-other-cryptocurrencies



Monero - №1

[jwinterm]

I know this is the Monero thread, but i have a very small amount of money, do you think i should invest in XMR or ETH?

Just buy Powerball tickets.

[notrouble]

I know this is the Monero thread, but i have a very small amount of money, do you think i should invest in XMR or ETH?

For sure most people would say monero here.

I have invested in both and was very glad that I bought ETH when it was at80$. I sold them at 220$ because for me it was a little bit to overhyped. Than I stocked up my btc and xmr.

ETH had its race, but for me it is totally quite a good invest since the price dump. I am not sure where it will go the next days/weeks, the pump was too heavy. Maybe to 300 again, maybe 150, who knows. On long term definitely upwards I guess...

On the other hand, the chances for XMR are much higher with the upcoming things like ledger wallet etc. to make a jump in near future.
And there are also many chances when they start making more marketing.
Many people havent seen how great this coin is. I asked so many people to have a look at it and nearly everybody invested a little bit in it after they actualy red something about it.

I would not say one coin of it is better, they are totaly different.
But for me XMR is the coin I have chosen at the end, because I love it and want to support it. It is money2.0 for me; totally secure, anonymous and has a great developer team. If there would be the possibility, I would use monero for each of my daily transactions.

[c789]

I know this is the Monero thread, but i have a very small amount of money, do you think i should invest in XMR or ETH?

For sure most people would say monero here.

I have invested in both and was very glad that I bought ETH when it was at80$. I sold them at 220$ because for me it was a little bit to overhyped. Than I stocked up my btc and xmr.

ETH had its race, but for me it is totally quite a good invest since the price dump. I am not sure where it will go the next days/weeks, the pump was too heavy. Maybe to 300 again, maybe 150, who knows. On long term definitely upwards I guess...

On the other hand, the chances for XMR are much higher with the upcoming things like ledger wallet etc. (mobile wallets, KovriI2P, multisig) to make a jump in near future.
And there are also many chances when they start making more marketing.
Many people havent seen how great this coin is. I asked so many people to have a look at it and nearly everybody invested a little bit in it after they actualy red something about it.

I would not say one coin of it is better, they are totaly different.
But for me XMR is the coin I have chosen at the end, because I love it and want to support it. It is money2.0 for me; totally secure, anonymous and has a great developer team. If there would be the possibility, I would use monero for each of my daily transactions.

Agree, and I added the bold text.

[smooth]

Where the fuck does it say I agreed to that shit?

I'd guess in their Terms of Service next to the waiver of class action lawsuits and mandatory arbitration.

[Hueristic]

So I just noticed Polo has screwed me the last 5 days or so. I opened a long and have left it and my lending rate I set to pay was 2% (default) yet I've been charged between 4.5-5$ for the LAST 5 DAYS (stupid capslock). Does anyone know why this would happen? I really don't want to open a ticket as I have no response to the last two I opened. They are really going down hill fast, I can no longer defend them.

What you set is the initial borrowing rate.  Any roll over will always be at the best available rate at the time.  Recently the lending pool shrank drastically as  people removed btc from exchanges so they could collect their alt fork coins.  Rates mooned, borrowers paid.

Lots of fake buy walls on Poloniex. Not sure why they actually put them. Hoping for flash crash? Is that even possible in Moreno?

No those walls where just there to get the according BCC in case Polo will every attribute them you put a margin buy order low in the book and only pay the interest for the BTC and still also get the BCC

So I just noticed Polo has screwed me the last 5 days or so. I opened a long and have left it and my lending rate I set to pay was 2% (default) yet I've been charged between 4.5-5$ for the LAST 5 DAYS (stupid capslock). Does anyone know why this would happen? I really don't want to open a ticket as I have no response to the last two I opened. They are really going down hill fast, I can no longer defend them.

Most likely you only had 2 day loans and when those run out only the bigger ones were left, and are taken automatically... the order does not get canceled if it doesnt fulfill the 2% you stated in the first order in a renewal
.

Well thats a load of horeshit! So they think if they remove all loans that they can force you to pay more than you agreed to. Thats retarded. The margin should close or you should be asked if you agree to a higher rate. Where the fuck does it say I agreed to that shit?

lol  it's all there.  I prefer the current model where you are free to close your position any time if it gets too hot, as opposed to being liquidated inopportunely because of rising fees which may or may not be of concern.

What pissed me off even more is that after I closed it I couldn't reopen it, it kept getting removed from the books and the price of course shot up right where I knew it would.

Well thats a load of horeshit! So they think if they remove all loans that they can force you to pay more than you agreed to. Thats retarded. The margin should close or you should be asked if you agree to a higher rate. Where the fuck does it say I agreed to that shit?

Well its hidden in their https://poloniex.com/support/aboutMarginTrading/ category

To quote

It is important to remember that although you can specify your maximum loan rate when you place an order, you may end up with a higher rate if you keep an order or position open for more than two days. This is because your loans may expire after that amount of time and be transferred to new lenders at the best available rate.

Thanks for finding that for me.

Do you know when that was added because I certainly don't remember reading it and I read all of it when I started margining.

Where the fuck does it say I agreed to that shit?

I'd guess in their Terms of Service next to the waiver of class action lawsuits and mandatory arbitration.

Do you know when that was added?