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americanpegasus
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July 30, 2015, 08:18:26 AM |
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Account is back under control of the real AmericanPegasus.
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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Arux
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July 30, 2015, 08:32:21 AM |
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NO! Do not sacrifice the TV!  |
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americanpegasus
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July 30, 2015, 08:41:32 AM
Last edit: July 30, 2015, 09:20:34 AM by americanpegasus |
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Consider this: I could save and scrape $3000 and buy a crazy TV right now.... or buy approximately 6000 Monero @ 50 cents each. In 3 years, if the price of Monero has fallen to 10 cents each, then I can sell them all and take my $600 and buy... probably the exact same model TV.  https://youtu.be/e3QRTToTLzI
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Account is back under control of the real AmericanPegasus.
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Arux
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July 30, 2015, 09:05:19 AM |
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yes, you're absolutely right. but I'll let you explain it to the kids.  |
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rdnkjdi
Legendary
 Offline
Activity: 1256
Merit: 1009
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July 30, 2015, 12:39:24 PM |
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If you wanna keep the GF I would recommend no TV with an excuse like "More pantsfree funtime" than the disney TV. Yes, that's a nice TV. Also nicer than any I've owned. Here's a second plan. I could just buy this bad boy and put any other funds remaining into Monero. http://www.ebay.com/itm/like/221822175303?lpid=82&chn=ps (look at that sweet walt disney logo) |
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
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July 31, 2015, 09:42:28 PM |
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the single largest factor which i can identify as likely to trigger an xmr bull run is capital controls in europe. when peripheral sovereign spreads blow up again, it means the ecb gets desperate in the face of failure and capital controls are imminent. the next most likely trigger is a publicized series of arrests of darknet market players, particularly if demonstrably related to blockchain analysis. that would chill btc blackmarkets and xmr is the most fit competitor. synergetic scenarios are possible as well, but less likely. for example, greek barter economy adopts btc, tax arrests follow...
i think europe and east asia are the most likely sources of a demand impulse.
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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
Offline
Activity: 1092
Merit: 1000
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July 31, 2015, 09:51:45 PM |
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the single largest factor which i can identify as likely to trigger an xmr bull run is capital controls in europe. when peripheral sovereign spreads blow up again, it means the ecb gets desperate in the face of failure and capital controls are imminent. the next most likely trigger is a publicized series of arrests of darknet market players, particularly if demonstrably related to blockchain analysis. that would chill btc blackmarkets and xmr is the most fit competitor. synergetic scenarios are possible as well, but less likely. for example, greek barter economy adopts btc, tax arrests follow...
i think europe and east asia are the most likely sources of a demand impulse.
The problem honestly is nobody knows Monero (and the same applies to darkcoins etc. also). |
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MilkyLep
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August 01, 2015, 03:39:57 AM |
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the single largest factor which i can identify as likely to trigger an xmr bull run is capital controls in europe. when peripheral sovereign spreads blow up again, it means the ecb gets desperate in the face of failure and capital controls are imminent. the next most likely trigger is a publicized series of arrests of darknet market players, particularly if demonstrably related to blockchain analysis. that would chill btc blackmarkets and xmr is the most fit competitor. synergetic scenarios are possible as well, but less likely. for example, greek barter economy adopts btc, tax arrests follow...
i think europe and east asia are the most likely sources of a demand impulse.
I still can't believe DNM users (and vendors) haven't pushed their markets towards utilizing Multi-Sig for their financial protection, their privacy however.... XMR + Multi-Sig + DNM = Future goldmine in my opinion. Call it Mo' Obfuscation Market. M.O.M.  Re: Speculation - Excuse my inexperience, but would all those green candles but slight downtrend (using this term loosely) / stability over the past week be considered an accumulation zone? Or are we all forever in the accumulation zone? |
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americanpegasus
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August 01, 2015, 03:41:50 AM |
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I don't think multi-sig is functioning at the moment for XMR but it's a future planned feature. I could be wrong, and if so, please correct me.
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Account is back under control of the real AmericanPegasus.
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MilkyLep
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August 01, 2015, 03:45:03 AM |
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I don't think multi-sig is functioning at the moment for XMR but it's a future planned feature. I could be wrong, and if so, please correct me.
No you're right, I had typed all in due time after saying that but figured I was about to start a monologue so erased it. Although I am curious about what stage of development multi sig is in. Guess I'll go fumble around github after I take a shower. Edit: I'm getting giddy just thinking about multi-sig being implemented into Monero in the future. I think I need to unplug for a couple days... |
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medusa13
Sr. Member
Offline
Activity: 453
Merit: 500
hello world
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August 01, 2015, 11:18:46 AM |
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somone is hungry, soon we will find out if this 50k wall really wants to get eaten  look again, btc & clones down, xmr goes up, this is the real anti coin, the real alt coin  |
XMR Monero
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TrueCryptonaire
Legendary
Offline
Activity: 1092
Merit: 1000
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August 01, 2015, 11:40:02 AM |
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The price might go viral once people will realize "hey we can make money by taking long positions here". That is potentially the end of the (supposedly) manipulation sell wall.
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G2M
Sr. Member
Offline
Activity: 280
Merit: 250
Activity: 616
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August 01, 2015, 11:47:40 AM |
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Speculation:
Late LTC hedgers rolling back in. Possible prime time to support ltc/xmr market.
Demand has dropped by about 20 btc from a few days ago.
Moving forward: Putting my money on a continuation pattern.
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Wind picked up: F4BC1F4BC0A2A1C4
banditryandloot goin2mars kbm keyboard-mash theusualstuff
probably a few more that don't matter for much.
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TrueCryptonaire
Legendary
Offline
Activity: 1092
Merit: 1000
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August 01, 2015, 06:18:15 PM |
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My current speculation: The sell books are getting more and more dry. Looks like it will not take long until Monero is establish above 0.0021 and trying to reach 0.0022. After all, it will not take too many bitcoins to do it anymore as there have been a few stronger buys today. I also managed to increase my Monero position by a few hundred coins and looking to do it even tomorrow if the price stays at these lows. The positive network effect will be created and it will make it feeling saver for long term bitcoiners to buy more Moneros as they can pay their bills and anything online via Moneros using the tool for that purpose. That will set enourmous buying pressure and the price will eventually go parabolic and even the dumpers are unable to stop the rise as the buyers who do not have Moneros will be the majority and the Monero holders are the minority and the minority do not feel like selling anything serious below 1000 usd/xmr. |
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hodlmybtc
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August 01, 2015, 07:36:50 PM |
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Slowly but surely... At least we're in an uptrending channel, daily MACD green, 3D MACD green, weekly MACD is looking like turning soon. 3D BBands haven't ever been this tight.  |
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dnaleor
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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August 02, 2015, 01:28:54 AM |
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Slowly but surely... At least we're in an uptrending channel, daily MACD green, 3D MACD green, weekly MACD is looking like turning soon. 3D BBands haven't ever been this tight. I'm pretty much looking at the same lines Imho looking good. I hope the uptrend channel holds and we don't see crazy pumps. |
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
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August 02, 2015, 08:49:25 AM |
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Imho looking good. I hope the uptrend channel holds and we don't see crazy pumps.
You were part of it:  The pricing of virtual assets is difficult, and when the market perception changes, it moves violently. At least I don't recall that any pump woudl have been going on when CKG price went +600% in a long month. |
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)
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Bassica
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August 02, 2015, 11:10:19 AM |
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That 100 btc wall at 22,5 is such a juicy offer for someone wanting to establish a large position at a good price. If you're looking to buy for 100+ btc getting it sub 20 has proven to be extremely hard.
There was one time window last winter, but that ship has sailed now. All the recent moves under 20 were kind of shortlived and way too shallow to get anything meaningful.
If the newcomers, existing community and (day)traders can eat there way through the orderbook up to the wall at 22,5, I could foresee a sidelining whale taking the plunge and snap it up with a market order. We've seen this happen before.
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