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Author Topic: [XMR] Monero Speculation  (Read 3313526 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.)
dnaleor
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Want privacy? Use Monero!


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September 15, 2015, 12:33:37 AM
 #8681

I want to add that people now can have an incentive to hold some XMR:
you can invest them at monerodice!

We don't need masternode rewards, we can earn a bit of interest by actual investing in a project Wink
canth
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September 15, 2015, 12:46:51 AM
 #8682

I want to add that people now can have an incentive to hold some XMR:
you can invest them at monerodice!

We don't need masternode rewards, we can earn a bit of interest by actual investing in a project Wink

Truly private gambling! I threw some funds at the bankroll. GL everyone.

Blazed
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September 15, 2015, 12:53:11 AM
 #8683

I want to add that people now can have an incentive to hold some XMR:
you can invest them at monerodice!

We don't need masternode rewards, we can earn a bit of interest by actual investing in a project Wink

Truly private gambling! I threw some funds at the bankroll. GL everyone.

Who runs the dice site and how sure are we that they are legit? I would love to invest some XMR into something, but always leary of dice sites.
saddambitcoin
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September 15, 2015, 12:54:54 AM
 #8684

Quote
Who owns and operates MoneroDice?
MoneroDice is owned and operated by Riccardo "fluffypony" Spagni, a Monero Core team member, as well as rznag, a developer living in beautiful Austria whose previous work includes the (subsequently sold) Kingcoiny altcoin exchange.

How do I know my Monero is safe with you?

Both of the site owners have a long history in cryptocurrency development, and own and operate multiple cryptocurrency related businesses. Until on-chain betting becomes feasible, perhaps with a Monero daughter-chain, sites like MoneroDice will have to exist. We hope that one of the site owners being a Monero core team member, coupled with the donation of 100% of the profits to Monero core development, makes playing on MoneroDice a good and reasonably safe idea.

owm123
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September 15, 2015, 12:59:03 AM
 #8685

My last post was a bit more hopium than reality.

Having said that, I think that we're looking at an unprecetended opportunity for buying monero at an extremely attractive valuation, right here and right now.

Some facts:
- We are facing an ever decreasing emission rate, which should, with exposure/interest being unchanged result in higher plateaus.
- Exposure/interest is not unchanged; in fact we've added 300 + reddit subscirbers in the last couple of weeks. There's multiple topics from new users inquiring about xmr both in the subreddit as in the various bitcointalk topics.
- We've seen multiple topics in r/bitcoin and even the conference regarding fungability/privacy. The familiair r/bitcoin hostility towards alts seems to be less and less directed towards monero
- We've had numerous tweets/retweets due to active involvement of the community.
- Bid size increased from 120~ to 200+, whereas asks went from 420k+ to 300k.
- Charts have been painted red for the last month or so, clearly someone wanting the charts looking less attractive.
- indicators also point to whales accumulating. Large dumps being absorbed, potential outbreaks being smothered.
- we were added to 2 other exchanges (cryptsy and a NZ/Australian one)
- 2 developers, as well as lots of translation efforts have been succesfully (and swiftly) been funded
- MASSIVE improvements on the codebase have been done, LMDB, 0MQ etc etc(props to the devteam, esp noodledoodle but everyone who contributed)
- Since the majority of users doesn't compile, or maybe doesn't even try the beta, haven't experienced this incredible improvements yet. A tagged release is very near.
- the devteam has proved to be in this project for the long run, and not some scammy snakeoil pump n dump team.

There's probably a dozen more bullets I could add. The fact is that both the fundamentals as well as the charts (technical) have never been so bullish, especially taking in consideration the current (old) price range.

There hasn't been a better and more obvious time in the entire existence of this project to get yourself a handful of these tokens. I know I sound bullish, but I also know I'm right. Strap on your fucking seatbelts people, this is it, the time is NOW.


Well said. One more important point, imo, is that awareness of people about protecting ones privacy in the internet is growing (slowly, but growing nevertheless). Thanks to Snowden, NSA, google and windows 10, people are increasing worried about having their privacy violated, and this includes spying on their emails, web traffic and also finances. Also the fact that bitcoin or litecoin, are not designed to protect your privacy (their are opposite to being private) is only helping monero.

Since interest in online privacy and anonymity is increasing, many companies providing such services (secure email or vpn) are getting a lot of new customers. It would be huge boost for monero, if even one of them started accepting monero, alongside or even instead of bitcoin. For example, if protonmail started accepting monero, I would be the first one to write email to tutanota, that I'm moving to protonmail, simply because I fill uncomfortable using bitcoin and my transaction being public in its blockchain. At the moment, the sort-of-solution is using xmr.to, but I also fill uncomfortable using third party service to use monero. I would prefer direct payment option, from my wallet to the second monero address of e.g. protonmail.

Hopefully, the more people start asking about monero support in these and other privacy oriented services, the faster they start accepting it. And if they start loosing paying customers due to other services accepting monero, it would be the best scenario ever. The only difficulty is to start the ball rolling, and get some privacy-oriented company to start accepting monero.



Bitcoin is NOT anonymous: http://www.bitcoinisnotanonymous.com
TrueCryptonaire
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September 15, 2015, 09:13:16 AM
Last edit: September 15, 2015, 09:32:14 AM by TrueCryptonaire
 #8686

Just purchased 2300 additional Moneros.
Yesterday I bought total over 17 000 XMR.
I am grateful for all the sellers and interested in buying more so please set some sell walls prefertably near the spot.

EDIT:
Bought approximately 2000 XMR and going to deposit some coins to Polo so sellers now it is time to put some sell walls.
rpietila
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September 15, 2015, 09:35:16 AM
 #8687

Just purchased 2300 additional Moneros.
Yesterday I bought total over 17 000 XMR.
I am grateful for all the sellers and interested in buying more so please set some sell walls prefertably near the spot.

As a student of Economics, it might interest you that Crypto Kingdom currently has perpetuals for sale, which pay 0.1 XMR per week fixed interest forever as long as CK exists. Current price (in the auction) is only at 7.0 XMR so these "mining bonds" (as SirJacket put it) offer a very nice return and possibility for value appreciation (as the rates go down, perps go up in value) if CK succeeds.

Since these will finally be the debt instruments with liquid markets in CK (none have managed to gain enough marketcap before, because nobody has been in need of debt), it will be possible to follow the development of the internal interest rate in much better precision than before. We started recording the gold price when the (soon 1-year old) game was 7 days old and the history is very much intriguing. Indeed, this is history in the making Smiley


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)
TrueCryptonaire
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September 15, 2015, 02:48:51 PM
 #8688

I just bought a couple hundred more Moneros.
Today I have been buying a little over 6700 XMR so far. Unless the price will not rise, I will keep on buying more. I have some funds and I just made additional deposit to Poloniex.  Wink
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September 15, 2015, 03:08:48 PM
 #8689


   ...Crypto Kingdom currently has perpetuals for sale...


OK, I’ll bite, since nobody else has asked: How can one buy these ‘perpetual mining bonds’? Must one be a player in the game? Does one arrange Entity-to-Entity trades in a chat-box? Because while I find the idea of the game intriguing, bluntly speaking I have zero interest in playing it.

Since I believe we may actually be in a simulation universe, my interest is in piercing the veil of reality in the upward direction, not in creating/exploring lower level ones.

Anyway, Xmr value seems to be stable around $.50 and a bond is very attractive as a way to grow a modest stake, without actually buying more than I’m comfortable risking. That’s for Cthulu-Class Leviathans like TCr. If it does take off, that’ll be Lord-TCr!

Because I do believe that Monero has a very small, but very real chance of fulfilling AP’s cryptodreams. Frankly, a better chance than Panopticoin-Btc has, right now.
TrueCryptonaire
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September 15, 2015, 03:15:35 PM
 #8690

Over 8000 XMR bought today.
fortif78
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September 15, 2015, 03:15:56 PM
 #8691

Over 8000 XMR bought today.

Proof ?  Lips sealed

"In the land of the blind, the man with one eye is king."
whap
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September 15, 2015, 03:20:49 PM
 #8692

I just bought a couple hundred more Moneros.
Today I have been buying a little over 6700 XMR so far. Unless the price will not rise, I will keep on buying more. I have some funds and I just made additional deposit to Poloniex.  Wink

I wonder how that dump will play out.... Please TC tell us your secret plan!
TrueCryptonaire
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September 15, 2015, 03:23:45 PM
Last edit: September 15, 2015, 03:38:43 PM by TrueCryptonaire
 #8693

I just bought a couple hundred more Moneros.
Today I have been buying a little over 6700 XMR so far. Unless the price will not rise, I will keep on buying more. I have some funds and I just made additional deposit to Poloniex.  Wink

I wonder how that dump will play out.... Please TC tell us your secret plan!

Dump?

No. I am not selling on the bottom.
I have prepared to buy loads of coins here so that the price will start to rise. It might take a while but I am working for the next bull run now.

EDIT: Over 9000 XMR today already.

EDIT: Purchased today also over 10 k XMR - please put more coins for sale.
nioc
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September 15, 2015, 03:52:29 PM
 #8694


That's funny, from the time 8K was stated as bought by TC today till the 9K, or is it 10K was posted, I see no action at all on the Polo charts.

Edit: my 1.2 million is now 1.333
TrueCryptonaire
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September 15, 2015, 03:56:07 PM
 #8695

I am waiting for some sell depth on the orderbook.
Deposited more coins to Polo.
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September 15, 2015, 05:22:31 PM
 #8696

If anyone wants to dump or start a firesale, I will buy in an angry manner (so there is pretty much one direction and it is up).
medusa13
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hello world


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September 15, 2015, 05:23:47 PM
 #8697

it feels good to be the spark that triggers a bull run - perfect trade.
btc is holding me back, but maybe i wil jump in too for some fun (still would need to buy btc first) Grin

just donty cry later, but i dont think you will have to anyway. this here is the bottom or close to it so it makes a lot of sense buying now. btc can hurt you, but not xmr for now.
if we all would arrive on polo with the amounts we really plan to buy there would allready be a new bubble Wink
it feels like TC just made the first step.

take it easy young mustangs, love you all Kiss

XMR Monero
rpietila
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September 15, 2015, 05:46:53 PM
 #8698

   ...Crypto Kingdom currently has perpetuals for sale...

OK, I’ll bite, since nobody else has asked: How can one buy these ‘perpetual mining bonds’? Must one be a player in the game? Does one arrange Entity-to-Entity trades in a chat-box? Because while I find the idea of the game intriguing, bluntly speaking I have zero interest in playing it.

Our world still exists in the google DB, but we have a browsable but not-yet-playable virtual world in cryptokingdom.me.

Becoming a player is possible by going to the thread or IRC channel and asking the admins for registering (later directly in cryptokingdom.me).

Some are here to play, others like the management / financial / speculation aspect more.

We have a full exchange software (similar to poloniex) in testing, which can be used for the 24/7 trading in all 2,000+ game items and lots.

Chatbox trades can also happen.

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)
klee
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September 15, 2015, 06:02:13 PM
 #8699

BTSBTC & XRPBTC pairs added. Next are XRPUSD, XMRBTC & DASHBTC.
Done.

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September 15, 2015, 06:06:01 PM
 #8700

Hi there.

Did you know that you could buy XMR with fiat here:

www.changer.com

Anyone used their service?
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