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Author Topic: [XMR] Monero Speculation  (Read 3313033 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.)
dreamspark
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March 10, 2015, 01:16:11 AM
 #3261

It had to happen eventually, better sooner than later. But the big buy was a whale and then the fishies all got nervous. LOL

The only big buy in DRK is in between sock accounts...

What buy in DRK? I thought they were dumping.

For every seller there is a buyer
ArticMine
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March 10, 2015, 01:34:15 AM
 #3262

DRK just broke 0.01 on the downside

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
TrueCryptonaire
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March 10, 2015, 01:36:17 AM
 #3263

DRK just broke 0.01 on the downside

I wonder if Dark community is joining into Monero community.
Anon136
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March 10, 2015, 01:37:25 AM
 #3264

Anyone knows a legitimate way to short DRK when having 0 DRK?

A derivatives contract. You just put a bet out there, and see if someone else wants to take the other side of it. Go in the darkcoin thread and i bet you will find a bull who would take the other side assuming you offer him a greater return than he would get from simply holding dark. If someone takes you up on your contract than i would be happy to escrow for you guys. Check out my rep thread in signature.

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?
dreamspark
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March 10, 2015, 01:38:38 AM
 #3265

DRK just broke 0.01 on the downside

I wonder if Dark community is joining into Monero community.

You'd hope but atm there is hardly any liquidity for them to sell and get out, unfortunately this may end up being a coin that creates some serious bagholders, I hope it doesn't, nobody really deserves to lose his shirt.
illodin
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March 10, 2015, 01:39:02 AM
 #3266

DRK just broke 0.01 on the downside

I wonder if Dark community is joining into Monero community.

If they don't like "DASH" what makes you think they'd be crazy over "Monero"?
dreamspark
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March 10, 2015, 01:43:59 AM
 #3267

DRK just broke 0.01 on the downside

I wonder if Dark community is joining into Monero community.

If they don't like "DASH" what makes you think they'd be crazy over "Monero"?

Its not about that, its about the monarchy that just decided pretty much single handedly to change it. People are even referring to drk dash in the thread as "his coin". That's a scary sentiment for a decentralised payment system.
hodlmybtc
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March 10, 2015, 01:44:15 AM
 #3268

Anyone knows a legitimate way to short DRK when having 0 DRK?

A derivatives contract. You just put a bet out there, and see if someone else wants to take the other side of it. Go in the darkcoin thread and i bet you will find a bull who would take the other side assuming you offer him a greater return than he would get from simply holding dark. If someone takes you up on your contract than i would be happy to escrow for you guys. Check out my rep thread in signature.

Thanks for the tip but nevermind, price already dropped a lot and I was looking for a place like Bitfinex to short easy.

Also I don't know if any DRK whales will come up with hundreds of BTC to keep the price up, I read something in the DRK thread about that but I doubt that (a) big player(s) are still that confident to artificially keep the price high at this moment.
Brilliantrocket
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March 10, 2015, 01:48:07 AM
 #3269

Anyone knows a legitimate way to short DRK when having 0 DRK?

A derivatives contract. You just put a bet out there, and see if someone else wants to take the other side of it. Go in the darkcoin thread and i bet you will find a bull who would take the other side assuming you offer him a greater return than he would get from simply holding dark. If someone takes you up on your contract than i would be happy to escrow for you guys. Check out my rep thread in signature.

Thanks for the tip but nevermind, price already dropped a lot and I was looking for a place like Bitfinex to short easy.

Also I don't know if any DRK whales will come up with hundreds of BTC to keep the price up, I read something in the DRK thread about that but I doubt that (a) big player(s) are still that confident to artificially keep the price high at this moment.
Oh so if it happens with DRK, it's artificial, but XMR is 100% natural. Don't look at the rpietillian behind the curtain!
hodlmybtc
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March 10, 2015, 01:52:10 AM
 #3270

Anyone knows a legitimate way to short DRK when having 0 DRK?

A derivatives contract. You just put a bet out there, and see if someone else wants to take the other side of it. Go in the darkcoin thread and i bet you will find a bull who would take the other side assuming you offer him a greater return than he would get from simply holding dark. If someone takes you up on your contract than i would be happy to escrow for you guys. Check out my rep thread in signature.

Thanks for the tip but nevermind, price already dropped a lot and I was looking for a place like Bitfinex to short easy.

Also I don't know if any DRK whales will come up with hundreds of BTC to keep the price up, I read something in the DRK thread about that but I doubt that (a) big player(s) are still that confident to artificially keep the price high at this moment.
Oh so if it happens with DRK, it's artificial, but XMR is 100% natural. Don't look at the rpietillian behind the curtain!

I don't know rpietila but I don't believe he would keep the price high just to keep the price high because that's quite a stupid business decision and I don't think he's stupid.

He might have pushed XMR higher because he probably is one of the biggest players in XMR, it's impossible to get in big (for Monero) positions without pushing the price up.
opennux
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March 10, 2015, 01:52:20 AM
 #3271

Anyone knows a legitimate way to short DRK when having 0 DRK?

A derivatives contract. You just put a bet out there, and see if someone else wants to take the other side of it. Go in the darkcoin thread and i bet you will find a bull who would take the other side assuming you offer him a greater return than he would get from simply holding dark. If someone takes you up on your contract than i would be happy to escrow for you guys. Check out my rep thread in signature.

Thanks for the tip but nevermind, price already dropped a lot and I was looking for a place like Bitfinex to short easy.

Also I don't know if any DRK whales will come up with hundreds of BTC to keep the price up, I read something in the DRK thread about that but I doubt that (a) big player(s) are still that confident to artificially keep the price high at this moment.
Oh so if it happens with DRK, it's artificial, but XMR is 100% natural. Don't look at the rpietillian behind the curtain!

That's a straw man.
TrueCryptonaire
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March 10, 2015, 01:55:08 AM
 #3272

Anyone knows a legitimate way to short DRK when having 0 DRK?

A derivatives contract. You just put a bet out there, and see if someone else wants to take the other side of it. Go in the darkcoin thread and i bet you will find a bull who would take the other side assuming you offer him a greater return than he would get from simply holding dark. If someone takes you up on your contract than i would be happy to escrow for you guys. Check out my rep thread in signature.

Isn't Bitfinex offering a chance to short Darkcoin?

Oh, someone said this already.... My mistake.
onemorexmr
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March 10, 2015, 01:56:07 AM
 #3273

Anyone knows a legitimate way to short DRK when having 0 DRK?

A derivatives contract. You just put a bet out there, and see if someone else wants to take the other side of it. Go in the darkcoin thread and i bet you will find a bull who would take the other side assuming you offer him a greater return than he would get from simply holding dark. If someone takes you up on your contract than i would be happy to escrow for you guys. Check out my rep thread in signature.

Isn't Bitfinex offering a chance to short Darkcoin?

no
they only exchange drk but dont allow margin trading (i guess not enough market depth)

XMR || Monero || monerodice.net || xmr.to || mymonero.com || openalias.org || you think bitcoin is fungible? watch this
Hueristic
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March 10, 2015, 01:57:33 AM
 #3274

DRK just broke 0.01 on the downside

I wonder if Dark community is joining into Monero community.

Only the smart ones will. thank God.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
Hueristic
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March 10, 2015, 01:59:21 AM
 #3275

DRK just broke 0.01 on the downside

I wonder if Dark community is joining into Monero community.

You'd hope but atm there is hardly any liquidity for them to sell and get out, unfortunately this may end up being a coin that creates some serious bagholders, I hope it doesn't, nobody really deserves to lose his shirt.

This coin went up what 1000 percent? It's so overvalued for what it is anyone holding a bag of it deserves what they get.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
Anon136
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March 10, 2015, 02:11:28 AM
 #3276

DRK just broke 0.01 on the downside

I wonder if Dark community is joining into Monero community.

they clearly got into dark because they were looking for a particular product. if dark doesnt deliver on that promise they will probably come knocking on our door. monero will end up consuming darks capitalization. if dark commits seppuku we all in this thread likely stand to benefit very very greatly from that.

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?
dnaleor
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March 10, 2015, 02:20:05 AM
 #3277

hodlmybtc
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March 10, 2015, 02:21:57 AM
 #3278

DRK just broke 0.01 on the downside

I wonder if Dark community is joining into Monero community.

they clearly got into dark because they were looking for a particular product. if dark doesnt deliver on that promise they will probably come knocking on our door. monero will end up consuming darks capitalization. if dark commits seppuku we all in this thread likely stand to benefit very very greatly from that.

I have a feeling it will work out as you say.

By now maybe 5? percent of DRK holders will have heard this news so I guess there will be a lot more dumping the coming week.

Whales might try keep the price up at their own demise but not only would that be pretty stupid, also would it mean the majority of coins would end up in the hands of masternodes and a few whales.
Anon136
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March 10, 2015, 02:30:55 AM
 #3279

DRK just broke 0.01 on the downside

I wonder if Dark community is joining into Monero community.

they clearly got into dark because they were looking for a particular product. if dark doesnt deliver on that promise they will probably come knocking on our door. monero will end up consuming darks capitalization. if dark commits seppuku we all in this thread likely stand to benefit very very greatly from that.

I have a feeling it will work out as you say.

By now maybe 5? percent of DRK holders will have heard this news so I guess there will be a lot more dumping the coming week.

Whales might try keep the price up at their own demise but not only would that be pretty stupid, also would it mean the majority of coins would end up in the hands of masternodes and a few whales.

If the whales were to do that than they would be helping everyone who was rushing to the exits to leave without losing as much capital. If those people who were running to the exit did ultimately find their way here, it would be as if the whales had dumped their own capital into monero as well. That would be quite funny.

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?
lyth0s
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March 10, 2015, 02:38:17 AM
 #3280

DRK just broke 0.01 on the downside

I wonder if Dark community is joining into Monero community.

You'd hope but atm there is hardly any liquidity for them to sell and get out, unfortunately this may end up being a coin that creates some serious bagholders, I hope it doesn't, nobody really deserves to lose his shirt.

Once I learned about masternodes, how they worked and saw everyone host them on amazon cloud....I quit Dark. Dark/Dash will end up becoming the honeypot traps of the cryptoworld.

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