brg444
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April 01, 2015, 01:37:39 AM |
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Pulled my order and sent more ammo
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"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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aminorex
Legendary
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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April 01, 2015, 02:32:29 AM |
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I am kind of hoping for a shake-out event. Perhaps too late though. Definitely not inclined to undertake or support any manipulation. But when it happens, I will definitely seek to exploit 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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Biro Bob
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April 01, 2015, 03:15:37 AM |
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litecoin offers nothing of value over Bitcoin, so you may as well buy Bitcoin. Whilst I did hold Litecoin for a while - i will not do it again.
If you expect LTC to do 'MOAR' than BTC, you're looking at its value proposition the wrong way. Bitcoin already offers plenty of value. LTC will continue to do fine by (coming closest to) matching BTC in terms of network hashrate/security, mature infrastructure/ecosystem/userbase, and liquidity. IOW BTC needs a hot-swappable backup, which LTC does a fine job of providing. /offtopic digression Thats a fair point. But for me it offers nothing of value over Bitcoin. Bitcoin is more widely accepted than Litecoin. Monero is a better coin and stands more chance of widespread adoption. Bitcoin will continue to appreciate in value as the infrastructure gets better but Litecoin does not have that adoption and its collapse will continue (in my opinion) as other alts Monero offers more fungibility. Edit: I only hold BTC & XMR
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saddambitcoin
Legendary
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Activity: 1610
Merit: 1004
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April 01, 2015, 03:43:03 AM |
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I am kind of hoping for a shake-out event. Perhaps too late though. Definitely not inclined to undertake or support any manipulation. But when it happens, I will definitely seek to exploit it.
Moneroj will be shaken out at a higher price. Right now this is a mere flashback for those holding since last summer. It provides validation to keep the mental strength to hold for longer, not to cash out.
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Anon136
Legendary
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Activity: 1722
Merit: 1217
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April 01, 2015, 03:50:30 AM |
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I am kind of hoping for a shake-out event. Perhaps too late though. Definitely not inclined to undertake or support any manipulation. But when it happens, I will definitely seek to exploit it.
Moneroj will be shaken out at a higher price. Right now this is a mere flashback for those holding since last summer. It provides validation to keep the mental strength to hold for longer, not to cash out. This is a very astute observation. You are describing me quite well. I myself am feeling this way. If the market goes parabolic enough I will look to sell and buy back at better valuations. But what I'm seeing right now is only giving me confidence to hodl.
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Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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futureofbitcoin
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April 01, 2015, 04:57:41 AM |
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what happened to this thread? why did it get replaced by an identical thread?
Did you have a derp moment
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Anon136
Legendary
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Activity: 1722
Merit: 1217
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April 01, 2015, 05:05:32 AM |
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what happened to this thread? why did it get replaced by an identical thread?
Did you have a derp moment all of my moments are that sort of moment. also in my defense i am intoxicated.
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Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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GreekBitcoin
Legendary
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Activity: 1428
Merit: 1001
getmonero.org
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April 01, 2015, 05:12:09 AM |
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what happened to this thread? why did it get replaced by an identical thread?
Did you have a derp moment all of my moments are that sort of moment. also in my defense i am intoxicated. Its the right time to make some trades!
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saddambitcoin
Legendary
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Activity: 1610
Merit: 1004
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April 01, 2015, 05:12:59 AM |
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There was another XMR speculation thread with a lot of good posts, but it was riddled with trolls & rebooted as this self-moderated version.
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Anon136
Legendary
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Activity: 1722
Merit: 1217
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April 01, 2015, 06:17:15 AM |
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everyone has avatars now. sadam and i used to be in elite club. QQ.
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Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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mmortal03
Legendary
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Activity: 1762
Merit: 1011
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April 01, 2015, 06:35:09 AM |
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Any theories on why the network hashrate isn't going up? You'd think more people would mine it if it became profitable for them to do so.
I think hashrate usually follows the price up with some delay. Mining is a business of its own, you don't mine to invest in a coin, you buy the coin.XMR might be the exception, if you don't want to leave a trace of your purchases of them (because you are mining them directly), or, you don't want to go through another cryptocurrency just to purchase them (to make your tax accounting easier).
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Lloydimiller4
Full Member
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Activity: 186
Merit: 100
Monero
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April 01, 2015, 06:38:12 AM |
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This chart has the distinct flavor of winning to it. Hopefully we can shake off more weaker hands and avoid slipping under .003 again
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XMR: 43uAvbYL7z9NrKQig2DswM69XaeDug1Rf8v4Un1ndssb2To51Vojz2uZ21jFumWsCcgvqZ9hPuE3fEr xKoGCkHU8CzqHFiS
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Jojatekok
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April 01, 2015, 07:03:20 AM |
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Let this graph speak instead of me!
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Monero (XMR): 47hK4gehaMrFTQCiV5FEmM54hpqTrdHudb9nUBG88NicBDpxH4TGuh3TmW84Dc6dpMiEiBLGvJCuT3xC3LNHctmx7mG8NLM Bitcoin (BTC): 14wHehBtFt321WTV15khon8Juaxh9drnfJ
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Bassica
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April 01, 2015, 07:49:38 AM |
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Looking good Joja, we're getting a littlebit overbought tho. Gathering some steam around the 36-40 mark might not be a bad idea. Mr whale doesn't seem to agree with my zone and moved his wall up to 38. Let's not get ahead of ourselves and try to keep this as sustainable as possible.
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aminorex
Legendary
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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April 01, 2015, 08:34:51 AM |
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Letś see now... To make the same gains in Japanese government bonds that I have seen in XMR since February 21st, I would have to hold JGBs for.... 3768 times as long, or about 390 years.
In 390 years, XMR might still be usable. JGBs...not so much.
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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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TrueCryptonaire
Legendary
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Activity: 1092
Merit: 1000
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April 01, 2015, 09:05:58 AM |
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Looks like there is a mysterious gravity towards 0.0043. Perhaps some physicians have a theory that applies to this... Once it establishes there, we might have second breakout.
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DaveyJones
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April 01, 2015, 10:12:11 AM |
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Just sayin
XMR: 0.00415444 BTC XMR: 1 USD
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Its About Sharing
Legendary
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Activity: 1442
Merit: 1000
Antifragile
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April 01, 2015, 10:40:50 AM |
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Just sayin
XMR: 0.00415444 BTC XMR: 1 USD
I'm a bit shocked to see the strength post at this level. I know many, me included, really saw .003 coming and perhaps holding but the push post that has been huge. Seems like big buyers have really helped push us up, nothing new there. Is is synonymous with smart money? The more I look into XMR the more that seems to be the case. Scary to think what might (actually, what probably will) happen when BTC starts another run.
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BTC = Black Swan. BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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zhalox
Full Member
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Activity: 176
Merit: 106
XMR = BTC in 2010. Rise chikun.
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April 01, 2015, 11:18:37 AM |
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Just sayin
XMR: 0.00415444 BTC XMR: 1 USD
I'm a bit shocked to see the strength post at this level. I know many, me included, really saw .003 coming and perhaps holding but the push post that has been huge. Seems like big buyers have really helped push us up, nothing new there. Is is synonymous with smart money? The more I look into XMR the more that seems to be the case. Scary to think what might (actually, what probably will) happen when BTC starts another run. Methinks XMR might (and probably will) "rise [like a] chikun" (as was chanted in the btc-e trollbox) like LTC ran from $1.11 to $48.48 in fall of 2013. This will likely accelerate as BTC finishes the bottoming pattern and begins its next rally to $3-$10k BTC/USD. XMR will be a greater "chikun" than LTC especially once GUI arrives and it grows widely adopted & utilized.
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nioc
Legendary
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Activity: 1624
Merit: 1008
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April 01, 2015, 11:44:40 AM |
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Just sayin
XMR: 0.00415444 BTC XMR: 1 USD
I'm a bit shocked to see the strength post at this level. I know many, me included, really saw .003 coming and perhaps holding but the push post that has been huge. Seems like big buyers have really helped push us up, nothing new there. Is is synonymous with smart money? The more I look into XMR the more that seems to be the case. Scary to think what might (actually, what probably will) happen when BTC starts another run. Methinks XMR might (and probably will) "rise [like a] chikun" (as was chanted in the btc-e trollbox) like LTC ran from $1.11 to $48.48 in fall of 2013. This will likely accelerate as BTC finishes the bottoming pattern and begins its next rally to $3-$10k BTC/USD. XMR will be a greater "chikun" than LTC especially once GUI arrives and it grows widely adopted & utilized. So when is btc going to 3-10k? I heard it was happening last summer. I put my Polo stash up for sale at btc parity. I made a small amount of XMR trading today but I really hate to do it as I don't want to loose (correct bct spelling) any of it. Yeah yeah I know.
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