[XMR] Monero Speculation

[ArticMine]

Now for something more humorous.

Willing to buy up to 51% of all outstanding DSH at .00000025 XMR/DSH.  That is my bid on Poloniex, feel free to hit it.  I'll add to it as I transfer more BTC to Poloniex.

I am also happy to do private deals for BTC for 1,000,000,000+ coins at a time.  PM me.

A Darkcoin supporter is trying to buy 51% of all outstanding Dashcoin on Poloniex. In order to this he needs to build a wall out of XMR in the neighbourhood of 15,000 XMR. http://coinmarketcap.com/currencies/dashcoin/ Here is the chart on Poloniex https://www.poloniex.com/exchange#xmr_dsh. It all relates to the re branding of Darkcoin to Dash https://bitcointalk.org/index.php?topic=678232.msg10777298#msg10777298

Edit: there may be a bit more to this:

I've spent the last few days significantly reducing my position in DRK due to this statement by Evan:



As any of you in the USA smart enough to follow financial laws know, the IRS and SEC have made some rather interesting rulings regarding cryptocurrency.  While I am no attorney (but make the habit of occasionally talking to one) I suspect there is going to be some... "Drama" in Darkcoin's future.

I have been making posts about the important need for, "Business Acumen" in the Darkcoin ranks.  Before I buy back into Darkcoin in size, I now have the requirement that a very well-seasoned business executive that a venture capitalist would love be brought onto the Darkcoin team to make and handle business decisions.  Note, this kind of person is going to likely require a large, vesting offering of Darkcoin for the trouble.

[ArticMine]

...
Now don't quote me on this (yeah right ) But I think I remember reading that the first question people are being asked is, "How much money are you carrying", and if they do not give an answer then that is considered probable cause that a crime is in progress. And then a search is conducted. And if they do answer and some I read were as little as 1k they get there money seized right on the side of the road.

http://jayrameylaw.com/know-your-rights/

[Hueristic]

Now for something more humorous.

Willing to buy up to 51% of all outstanding DSH at .00000025 XMR/DSH.  That is my bid on Poloniex, feel free to hit it.  I'll add to it as I transfer more BTC to Poloniex.

I am also happy to do private deals for BTC for 1,000,000,000+ coins at a time.  PM me.

A Darkcoin supporter is trying to buy 51% of all outstanding Dashcoin on Poloniex. In order to this he needs to build a wall out of XMR in the neighbourhood of 15,000 XMR. http://coinmarketcap.com/currencies/dashcoin/ Here is the chart on Poloniex https://www.poloniex.com/exchange#xmr_dsh. It all relates to the re branding of Darkcoin to Dash https://bitcointalk.org/index.php?topic=678232.msg10777298#msg10777298

He probably has the Idea he'll put them all just under Drk price and cash in. Or he has the same Idea had. should be interesting to find that out.

[smooth]

Now for something more humorous.

Willing to buy up to 51% of all outstanding DSH at .00000025 XMR/DSH.  That is my bid on Poloniex, feel free to hit it.  I'll add to it as I transfer more BTC to Poloniex.

I am also happy to do private deals for BTC for 1,000,000,000+ coins at a time.  PM me.

A Darkcoin supporter is trying to buy 51% of all outstanding Dashcoin on Poloniex. In order to this he needs to build a wall out of XMR in the neighbourhood of 15,000 XMR. http://coinmarketcap.com/currencies/dashcoin/ Here is the chart on Poloniex https://www.poloniex.com/exchange#xmr_dsh. It all relates to the re branding of Darkcoin to Dash https://bitcointalk.org/index.php?topic=678232.msg10777298#msg10777298

He probably has the Idea he'll put them all just under Drk price and cash in. Or he has the same Idea had. should be interesting to find that out.

Either way, its more demand for XMR, and a good deal for DASH holders if they trade their dash for his XMR. We should welcome them without trolling or gloating.

[Hueristic]

...
Now don't quote me on this (yeah right ) But I think I remember reading that the first question people are being asked is, "How much money are you carrying", and if they do not give an answer then that is considered probable cause that a crime is in progress. And then a search is conducted. And if they do answer and some I read were as little as 1k they get there money seized right on the side of the road.

http://jayrameylaw.com/know-your-rights/

Hah, anyone that believes they have those lives in a fantasy. Do you have any clue how many cops lie under oath? The only way your rights are safe (and even then they still aren't) is when the Cop knows he's being taped. Damn Taped is such an old phrase now. Seriously even the ones busted on tape wantonly abusing people get paid leave while they wait to get a lousy reprimand even if they don't weasel out of it. It's not called a "Cop out" for nothing.

Either way, its more demand for XMR, and a good deal for DASH holders if they trade their dash for his XMR. We should welcome them without trolling or gloating.

QFT, but there's a few ways those will be worth quite a bit more than he's getting them for.

[ArticMine]

I added an edit to my post. There is a lot of interesting things going on over at Darkcoin, so it is well worth watching. Most of this is likely very positive for XMR. Dashcoin of course has close to doubled in value.

[dreamspark]

The market is crazy right now. 2k coins back to 0.0024 and someone is still market buying everything up to 0.0029. That's an insane spread.

[onemorexmr]

The market is crazy right now. 2k coins back to 0.0024 and someone is still market buying everything up to 0.0029. That's an insane spread.

a few hours ago we had a 100btc buy wall... maybe he got a little impatient

[dreamspark]

The market is crazy right now. 2k coins back to 0.0024 and someone is still market buying everything up to 0.0029. That's an insane spread.

a few hours ago we had a 100btc buy wall... maybe he got a little impatient

Yeah course, very very weird price action though. Reeks of insider trading if there happens to be a big announcement around the corner.

[TrueCryptonaire]

About 20 % more rise and I am on water (bitcoinwise - not fiat).  
No plans to sell Moneros though since there is a lot of development to be done so it is not a right moment to sell. When everything is basically ready it is time to sell. Until then, it is time for accumulation/holding only.

Have you thought the scenario of someone serious to corner Monero stake? What do you think to the price? Is there enough digits?  

[Johnny Mnemonic]

The market is crazy right now. 2k coins back to 0.0024 and someone is still market buying everything up to 0.0029. That's an insane spread.

a few hours ago we had a 100btc buy wall... maybe he got a little impatient

Yeah course, very very weird price action though. Reeks of insider trading if there happens to be a big announcement around the corner.

Could simply be anticipation for Monday's news (because it's always on a Monday).

[Valta Crypto]

yeah I'm waiting for the news too before dumping

[TrueCryptonaire]

yeah I'm waiting for the news too before dumping

I guess the buyers are appreciating the dumpers highly these days. 

[sparky999]

This is the latest scare. Pulling people over and if you have too much cash without an explanation they like they seize it.

http://www.cnn.com/2015/01/21/us/asset-seizures/

In the case of the two poker players in Iowa, months after their money was taken, they reached a settlement in which most of the money —$90,000 — was returned. They told CNN they believed it was the best deal they could have made at the time. Now, however, they are suing to get the rest of the money back and have asked for unspecified damages. The state of Iowa isn't giving it back and is not backing down.

This is the classic mistake: To settle for getting 90% of the money back. Now they are suing after the settlement. The question becomes are their chances of success more or less now?  
Edit: These guys are poker players yet they do not seem to understand the concept of bluffing. My bet is with the state on this one.

Let's assume they are professional poker players. That being the case the $100K was probably essential to their livelihood. If you are a baker and your bakery is seized, you don't really have the luxury of waiting ages for the case to play out in court to see if you might get it back.

They were pro players - they are also not the only poker players I know who have had this happen to them. I can think of 5 off the top of my head in the last 12 months all very similar stories.

[opennux]

This is the latest scare. Pulling people over and if you have too much cash without an explanation they like they seize it.

http://www.cnn.com/2015/01/21/us/asset-seizures/

In the case of the two poker players in Iowa, months after their money was taken, they reached a settlement in which most of the money —$90,000 — was returned. They told CNN they believed it was the best deal they could have made at the time. Now, however, they are suing to get the rest of the money back and have asked for unspecified damages. The state of Iowa isn't giving it back and is not backing down.

This is the classic mistake: To settle for getting 90% of the money back. Now they are suing after the settlement. The question becomes are their chances of success more or less now?  
Edit: These guys are poker players yet they do not seem to understand the concept of bluffing. My bet is with the state on this one.

Let's assume they are professional poker players. That being the case the $100K was probably essential to their livelihood. If you are a baker and your bakery is seized, you don't really have the luxury of waiting ages for the case to play out in court to see if you might get it back.

They were pro players - they are also not the only poker players I know who have had this happen to them. I can think of 5 off the top of my head in the last 12 months all very similar stories.

It seems just a little bit too coincidental to me.

[sparky999]

This is the latest scare. Pulling people over and if you have too much cash without an explanation they like they seize it.

http://www.cnn.com/2015/01/21/us/asset-seizures/

In the case of the two poker players in Iowa, months after their money was taken, they reached a settlement in which most of the money —$90,000 — was returned. They told CNN they believed it was the best deal they could have made at the time. Now, however, they are suing to get the rest of the money back and have asked for unspecified damages. The state of Iowa isn't giving it back and is not backing down.

This is the classic mistake: To settle for getting 90% of the money back. Now they are suing after the settlement. The question becomes are their chances of success more or less now?  
Edit: These guys are poker players yet they do not seem to understand the concept of bluffing. My bet is with the state on this one.

Let's assume they are professional poker players. That being the case the $100K was probably essential to their livelihood. If you are a baker and your bakery is seized, you don't really have the luxury of waiting ages for the case to play out in court to see if you might get it back.

They were pro players - they are also not the only poker players I know who have had this happen to them. I can think of 5 off the top of my head in the last 12 months all very similar stories.

It seems just a little bit too coincidental to me.

They took the settlement because 90% today is better than 100% in 2 years time. This stuff happens more often than hits the headlines.

[TrueCryptonaire]

I have put my trading stack outside of the exchange so they are unfortunately unavailable for people for some time. If you want me to sell some goodies, please pay some paper money from them. Otherwise I am not interested in selling.  

[opennux]

This is the latest scare. Pulling people over and if you have too much cash without an explanation they like they seize it.

http://www.cnn.com/2015/01/21/us/asset-seizures/

In the case of the two poker players in Iowa, months after their money was taken, they reached a settlement in which most of the money —$90,000 — was returned. They told CNN they believed it was the best deal they could have made at the time. Now, however, they are suing to get the rest of the money back and have asked for unspecified damages. The state of Iowa isn't giving it back and is not backing down.

This is the classic mistake: To settle for getting 90% of the money back. Now they are suing after the settlement. The question becomes are their chances of success more or less now?  
Edit: These guys are poker players yet they do not seem to understand the concept of bluffing. My bet is with the state on this one.

Let's assume they are professional poker players. That being the case the $100K was probably essential to their livelihood. If you are a baker and your bakery is seized, you don't really have the luxury of waiting ages for the case to play out in court to see if you might get it back.

They were pro players - they are also not the only poker players I know who have had this happen to them. I can think of 5 off the top of my head in the last 12 months all very similar stories.

It seems just a little bit too coincidental to me.

They took the settlement because 90% today is better than 100% in 2 years time. This stuff happens more often than hits the headlines.

What I meant was that it's a bit too coincidental that poker-players in particular are being targeted. It almost looks systematic. Figure out who's a relatively successful poker-player and so forth..

[jehst]

This is the latest scare. Pulling people over and if you have too much cash without an explanation they like they seize it.

http://www.cnn.com/2015/01/21/us/asset-seizures/

In the case of the two poker players in Iowa, months after their money was taken, they reached a settlement in which most of the money —$90,000 — was returned. They told CNN they believed it was the best deal they could have made at the time. Now, however, they are suing to get the rest of the money back and have asked for unspecified damages. The state of Iowa isn't giving it back and is not backing down.

This is the classic mistake: To settle for getting 90% of the money back. Now they are suing after the settlement. The question becomes are their chances of success more or less now?  
Edit: These guys are poker players yet they do not seem to understand the concept of bluffing. My bet is with the state on this one.

Let's assume they are professional poker players. That being the case the $100K was probably essential to their livelihood. If you are a baker and your bakery is seized, you don't really have the luxury of waiting ages for the case to play out in court to see if you might get it back.

They were pro players - they are also not the only poker players I know who have had this happen to them. I can think of 5 off the top of my head in the last 12 months all very similar stories.

It seems just a little bit too coincidental to me.

Police are not above targeting petty drug dealers and pimps to "raise money" for their local bureau. When there's a big cash poker game in town, I'd bet that enterprising police officers specifically wait outside the games and pull those players over. Should've used bitcoin.

[Bassica]

  It's looking to be a great day!

- Monero rally is continuing. 0.003 seems like a reasonable target for the short time.
- Bitcoin is looking to make another stab at 300, with some of the resistance cleared last week this might be the attempt which proves succesful.

Maybe a good news catalyst to give the final push; I'm thinking LMDB for xmr and Gemini for btc.
 


EDIT:
Asks in xmr are drying up a little, 185k total (~70K =< 0.004). This is pretty low compared to the averages last couple of months...