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Author Topic: [XMR] Monero Speculation  (Read 3313487 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
brg444
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Bitcoin replaces central, not commercial, banks


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April 01, 2015, 01:37:39 AM
 #4221

Pulled my order and sent more ammo  Cool

"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
aminorex
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April 01, 2015, 02:32:29 AM
 #4222

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.


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.
Biro Bob
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April 01, 2015, 03:15:37 AM
 #4223


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
saddambitcoin
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April 01, 2015, 03:43:03 AM
 #4224

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. Cool

Anon136
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April 01, 2015, 03:50:30 AM
 #4225

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. Cool

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.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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?
futureofbitcoin
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April 01, 2015, 04:57:41 AM
 #4226

what happened to this thread? why did it get replaced by an identical thread?
Did you have a derp moment
Anon136
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April 01, 2015, 05:05:32 AM
 #4227

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.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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?
GreekBitcoin
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April 01, 2015, 05:12:09 AM
 #4228

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! Cheesy
saddambitcoin
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April 01, 2015, 05:12:59 AM
 #4229

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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April 01, 2015, 06:17:15 AM
 #4230

everyone has avatars now. sadam and i used to be in elite club. QQ.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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?
mmortal03
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April 01, 2015, 06:35:09 AM
 #4231

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).
Lloydimiller4
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April 01, 2015, 06:38:12 AM
 #4232


This chart has the distinct flavor of winning to it.  Grin
 Hopefully we can shake off more weaker hands and avoid slipping under .003 again

XMR: 43uAvbYL7z9NrKQig2DswM69XaeDug1Rf8v4Un1ndssb2To51Vojz2uZ21jFumWsCcgvqZ9hPuE3fEr xKoGCkHU8CzqHFiS
Jojatekok
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April 01, 2015, 07:03:20 AM
 #4233

Let this graph speak instead of me!


Code:
Monero  (XMR): 47hK4gehaMrFTQCiV5FEmM54hpqTrdHudb9nUBG88NicBDpxH4TGuh3TmW84Dc6dpMiEiBLGvJCuT3xC3LNHctmx7mG8NLM
Bitcoin (BTC): 14wHehBtFt321WTV15khon8Juaxh9drnfJ
Bassica
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April 01, 2015, 07:49:38 AM
 #4234

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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April 01, 2015, 08:34:51 AM
 #4235

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.

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.
TrueCryptonaire
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April 01, 2015, 09:05:58 AM
 #4236

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.  Roll Eyes
DaveyJones
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April 01, 2015, 10:12:11 AM
 #4237

Just sayin

XMR: 0.00415444 BTC
XMR: 1 USD
Its About Sharing
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Antifragile


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April 01, 2015, 10:40:50 AM
 #4238

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.

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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XMR = BTC in 2010. Rise chikun.


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April 01, 2015, 11:18:37 AM
 #4239

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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April 01, 2015, 11:44:40 AM
 #4240

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. Wink

I put my Polo stash up for sale at btc parity. Smiley

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. Tongue
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