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Author Topic: [XMR] Monero Speculation  (Read 3313039 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.)
Quicken
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June 15, 2015, 11:27:27 AM
 #6501

Why are permabulls (like me) silent when the price is on the floor?  Shocked

I can't speak for others, but there isn't much to say at the moment. I agree with ArticMine's sentiment above:

Quote
I consider myself a bull in the medium to long term (1-2 years). In the short term: Who knows?

I see the DB release, official core GUI and 50% emission (barring tail) as the main upcoming events for Monero. It will be great if the first two arrive before the last. Then, things will get interesting.  Smiley
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cAPSLOCK
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June 15, 2015, 01:14:09 PM
 #6502

Why are permabulls (like me) silent when the price is on the floor?  Shocked

I'll echo the two other comments and simply add that I am not interested in getting bloodied in short term trades of such a thinly traded and highly speculative asset.

"He who chews, speaks not"
Ancient Greek saying. Grin

That's good.
rpietila
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June 15, 2015, 02:19:56 PM
Last edit: June 15, 2015, 02:48:23 PM by rpietila
 #6503

CryptoKingdom (and CKG) marketcap has reached an all-time high, which might be a positive for XMR future as well.

Since the King's Coinshop offered to buy @0.500000 XMR, none has been bought. Rather we have sold more.

At midprice, CKG marketcap is now 535,000 XMR. CK marketcap could be approximately 800,000 XMR.

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
dEBRUYNE
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June 15, 2015, 09:48:49 PM
 #6504

Crosspost worthy:

It has been requested many times, and it is here, at last.

https://github.com/moneromooo-monero/monero-wallet-generator is a browser based offline wallet generator for Monero. This means you can generate a new Monero address/wallet without the simplewallet binary. The page is self contained, so is suitable for saving and using offline (ie, possibly on a computer which is not connected to the network).

The git commits are GPG signed. If you know how to do so, I encourage you to verify the signature is a valid one. My key can be found in the Monero source tree:
https://github.com/monero-project/bitmonero/blob/master/utils/gpg_keys/moneromooo.asc

The Cryptonote code was adapted from MyMonero. I had to change the way it derives the view key to make it compatible with simplewallet. This means the wallets generated are NOT compatible with MyMonero, but with simplewallet.

Wallets generated with monero-wallet-generator can be restored at any time with simplewallet:
./build/release/bin/simplewallet --restore-deterministic-wallet --wallet-file mynewwalletfilename
Choose a new password, copy the seed you got from monero-wallet-generator, and the wallet will be restored.

Only English seeds are supported, due to issues with UTF-8 preventing restoring other languages. This will hopefully change in the future (though low priority).

Same thing for non Firefox browsers. I don't have them, so any fixing there is low priority.

Last, no warranty. If you have the opportunity, a test restore before moving monero to a new wallet is a good idea, though I guess it kinda defeats the purpose.



In addition, you could also use http://moneroaddress.org/

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
farfiman
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June 16, 2015, 06:30:08 AM
 #6505

....snip
In addition, you could also use http://moneroaddress.org/
Is the Mnemonic seed created by this compatible to mymonero as well?

"We are just fools. We insanely believe that we can replace one politician with another and something will really change. The ONLY possible way to achieve change is to change the very system of how government functions. Until we are prepared to do that, suck it up for your future belongs to the madness and corruption of politicians."
Martin Armstrong
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June 16, 2015, 07:12:20 AM
 #6506

....snip
In addition, you could also use http://moneroaddress.org/
Is the Mnemonic seed created by this compatible to mymonero as well?

only the simplewallet but it can be imported to mymonero by paying a 10 XMR fee
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June 16, 2015, 07:40:13 AM
 #6507

....snip
In addition, you could also use http://moneroaddress.org/
Is the Mnemonic seed created by this compatible to mymonero as well?

only the simplewallet but it can be imported to mymonero by paying a 10 XMR fee

It's compatible with both.

Just for clarification, we can easily make standard MyMonero-style seeds instead, but there's onlymostly disadvantages (Pro: the seed is smaller, but matches the presumed security level of our private keys). It won't work with current simplewallet, and you'll *still* have to pay the 10 XMR fee if you want to pull past transactions on MyMonero.
necrita
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June 16, 2015, 09:25:52 PM
 #6508

Monero silent when other alts mooning.
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June 16, 2015, 09:32:59 PM
 #6509

Monero also very loud when other alts earthing, comparatively.

Seems this is what the market, or rather, people's minds, think.

No reason not to hold, nonetheless.

Double negatives, because shots.

Pricewise, I think we're at a point where we'll see a long drawn out lateral movement. That would be something to see.


Probably not the right thread for this, but now seems a good time to find that alt-coin you like and just talk to the people there, imo. Likely, now's a great time to go out and make some New friends, if they can stand you Cheesy

Wind picked up: F4BC1F4BC0A2A1C4

banditryandloot goin2mars kbm keyboard-mash theusualstuff

probably a few more that don't matter for much.
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June 16, 2015, 10:24:20 PM
 #6510

Monero silent when other alts mooning.

I don't really get why one would dump XMR during a BTC rally. If you stay in XMR and the BTC ratio stays the same, you benefit as well, although the risk is of course higher.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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June 16, 2015, 10:36:40 PM
 #6511

You sure this is a BTC rally?

Wind picked up: F4BC1F4BC0A2A1C4

banditryandloot goin2mars kbm keyboard-mash theusualstuff

probably a few more that don't matter for much.
DaveyJones
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June 16, 2015, 10:38:49 PM
 #6512

You sure this is a BTC rally?

What else you call a 14$ Jump in times where sideways and only minor $ were usual.
G2M
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June 16, 2015, 11:03:29 PM
 #6513

You sure this is a BTC rally?

What else you call a 14$ Jump in times where sideways and only minor $ were usual.

I could also call it a LTC and alt market rally, noting that much of the cheap valued alts can only be reached by first purchasing BTC.

Some can be bought w/o BTC, but I've got very little doubt that a lot of the BTC that was purchased lately was used to purchase alt coins, namely LTC.

I'd expect BTC to fall down again in some weeks, while the alts stay up. Call it the first movement toward 'decoupling' if you'll allow me.

Just my opinion though, I could be way off base.

Wind picked up: F4BC1F4BC0A2A1C4

banditryandloot goin2mars kbm keyboard-mash theusualstuff

probably a few more that don't matter for much.
jehst
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June 17, 2015, 02:20:28 AM
 #6514

You sure this is a BTC rally?

What else you call a 14$ Jump in times where sideways and only minor $ were usual.

It fell from 242 to 222 in a week.

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
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June 17, 2015, 10:35:24 AM
 #6515

Monero silent when other alts mooning.

Monero is not a pump and dump.
aminorex
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June 17, 2015, 10:43:02 AM
 #6516

euro zone capital controls for the weekend? 

monero = freedom

oh, also, time to close tbose gbp\jpy longs.  wheat looks good.

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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June 17, 2015, 04:18:59 PM
 #6517

Seems Monero is not going up or down these days.
At some point there will be a break up or break down.

The holders and permabulls are praying for the break up and skyrocketing of the price.
There is also a group called shorters. These people are the flock of sharks who are looking for blood and ruthlessly might start shorting, then the general atmosphere is extremely bearish and they close their positions with profit from the sales of "permabulls".  Grin

It is easy to be permabull when the markets go up or stays the same.
medusa13
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hello world


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June 17, 2015, 05:18:13 PM
 #6518

i think the current (non existing) moves in price reflect the lack of infrastructure at least to some degree. Polo is the only liquid exchange. Xmr is one of the only coins that are not possible to buy without registering.
this is a handicap. people are lazy and will always be.

it really depends on what btc does the next few days i think. the xmr buy side is exhausted, there has been no recovery since the last outflow some days ago.

XMR Monero
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June 17, 2015, 05:23:53 PM
 #6519

i think the current (non existing) moves in price reflect the lack of infrastructure at least to some degree. Polo is the only liquid exchange. Xmr is one of the only coins that are not possible to buy without registering.
this is a handicap. people are lazy and will always be.

it really depends on what btc does the next few days i think. the xmr buy side is exhausted, there has been no recovery since the last outflow some days ago.

How did DASH manage to get on Bitfinex? Did they pay for it?

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
luigi1111
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June 17, 2015, 05:27:31 PM
 #6520

i think the current (non existing) moves in price reflect the lack of infrastructure at least to some degree. Polo is the only liquid exchange. Xmr is one of the only coins that are not possible to buy without registering.
this is a handicap. people are lazy and will always be.

it really depends on what btc does the next few days i think. the xmr buy side is exhausted, there has been no recovery since the last outflow some days ago.

How did DASH manage to get on Bitfinex? Did they pay for it?

Connections...

[bold] Shapeshift?
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