Hueristic
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Doomed to see the future and unable to prevent it
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March 26, 2015, 04:46:16 PM |
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Guess I'll just have to wait for the next whale dump to get back in.
Whales are accumulating. The miners dump. I don't rule out a miner dump but in this environment with brisk demand that is pretty needless. If I needed to sell 50k, it would not be hard to do. And if I needed to sell my produce, there would be no need to accumulate 50k before selling. These are clearly evident in the recent days when lows have been rising quicker than the highs. There will always be a whale dump to accumulate lower. You know this. Sometimes it will even cause panic selling. Wait didn't we just go through one of those?
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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dEBRUYNE
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Activity: 2268
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March 26, 2015, 04:52:23 PM |
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Guess I'll just have to wait for the next whale dump to get back in.
Whales are accumulating. The miners dump. I don't rule out a miner dump but in this environment with brisk demand that is pretty needless. If I needed to sell 50k, it would not be hard to do. And if I needed to sell my produce, there would be no need to accumulate 50k before selling. These are clearly evident in the recent days when lows have been rising quicker than the highs. There will always be a whale dump to accumulate lower. You know this. Sometimes it will even cause panic selling. Wait didn't we just go through one of those? The slope of the retracements is getting more and more gentle with every rise though.
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vokain
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Activity: 1834
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March 26, 2015, 05:12:39 PM |
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Monero is a good coin but its outdated imo. We are heading towards a path that requires much more than this project can offer. best of luck
Mods, please bear with me, but I would actually like to give fearcoka about 10 lines to tell about Shadowcash distribution. The subject fascinates me and doing it right is the most important thing I seek in a coin (team is second, tech is third and availability of a wallet is a bonus). Mods are just deleting every criticism against this coin, they just deleted my comment again wtf, heres what you need to know about Shadow(scam)cash distribution: http://pastebin.com/S7aKCDgySo you can tell the balance of SDC wallets?
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othe
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March 26, 2015, 05:14:45 PM |
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Monero is a good coin but its outdated imo. We are heading towards a path that requires much more than this project can offer. best of luck
Mods, please bear with me, but I would actually like to give fearcoka about 10 lines to tell about Shadowcash distribution. The subject fascinates me and doing it right is the most important thing I seek in a coin (team is second, tech is third and availability of a wallet is a bonus). Mods are just deleting every criticism against this coin, they just deleted my comment again wtf, heres what you need to know about Shadow(scam)cash distribution: http://pastebin.com/S7aKCDgyThey also invented what i call the shadowcrap-dilemma: 1) To make a PoS Network "secure" you need to have nearly all wallets staking. 2) To make Ringsignatures "secure" you need all people to use them, always. 3) But you can't stake the tokens they use for anonymity, so being private and having a secured pos network can never be happen at the same time. This is a typical example of getting fucked by your own greed.
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TrueCryptonaire
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Activity: 1092
Merit: 1000
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March 26, 2015, 05:27:57 PM |
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Warz told us on Polo trollbox that xmr is going to 0.004. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Hueristic
Legendary
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Activity: 3920
Merit: 5247
Doomed to see the future and unable to prevent it
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March 26, 2015, 05:34:13 PM |
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Guess I'll just have to wait for the next whale dump to get back in.
Whales are accumulating. The miners dump. I don't rule out a miner dump but in this environment with brisk demand that is pretty needless. If I needed to sell 50k, it would not be hard to do. And if I needed to sell my produce, there would be no need to accumulate 50k before selling. These are clearly evident in the recent days when lows have been rising quicker than the highs. There will always be a whale dump to accumulate lower. You know this. Sometimes it will even cause panic selling. Wait didn't we just go through one of those? The slope of the retracements is getting more and more gentle with every rise though. Very True. Chances are getting more and more scarce. What do you think they will try next? The BCX Fud Campain was a nice first salvo last time to make before the move.
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Hueristic
Legendary
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Activity: 3920
Merit: 5247
Doomed to see the future and unable to prevent it
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2015, 05:35:50 PM |
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Mods are just deleting every criticism against this coin, they just deleted my comment again wtf, heres what you need to know about Shadow(scam)cash distribution: http://pastebin.com/S7aKCDgyIf it means that much to you then just start your own thread.
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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iCEBREAKER
Legendary
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Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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March 26, 2015, 05:36:46 PM |
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The buy support is building up nicely. Also the growth rate is optimal considering the price point. When/if Monero approaches the parity with bitcoin, the growth rate will decline massively since then there is no "easy growth" left.
Buy support is accumulating, while supply at near-market rates is exhausted. If not for the still-healthy emission, price would be going crazy. Not many days left to buy the cheapest first-year coins... BTC parity aside, there remains tremendous amounts of super-trivially-easy growth left until we pull even with Dashscam. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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eizh
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March 26, 2015, 07:41:23 PM |
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Part of the nice thing about instamines is that the devs have a lot of incentive to make their project valuable.
Isn't Monero empirical proof that scam-free open source crypto projects are still viable? I'm not ready to laud the benefits of assorted scams until all the honest projects die off. And, yeah, some shadowtrash sympathizers are on a deletion spree. My mundane mention of their PoW schedule (as stated on their OP) got deleted. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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binaryFate
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Still wild and free
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March 26, 2015, 07:57:48 PM |
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Isn't Monero empirical proof that scam-free open source crypto projects are still viable?
Absolutely! It's a gem for this reason if nothing else. Glad to be around.
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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iCEBREAKER
Legendary
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Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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March 26, 2015, 08:07:46 PM |
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Warz told us on Polo trollbox that xmr is going to 0.004. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It doesn't take a weatherman to tell which way the wind blows. We're seeing whales gobble up the cheap XMR in chunks of 100BTC...who are the fools selling for less than 0.005? They must be botnet herders who need to pay their zombie providers, because no rational speculator would expect to be able to buy them back cheaper, given the 500+ BTC competing on the bid side and <200k XMR available at any price.
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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ArticMine
Legendary
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Monero Core Team
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March 26, 2015, 09:24:19 PM |
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Isn't Monero empirical proof that scam-free open source crypto projects are still viable?
Absolutely! It's a gem for this reason if nothing else. Glad to be around. Yes it is. it is also one of the reasons I have invested in Monero and support the project.
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TrueCryptonaire
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March 27, 2015, 06:15:51 AM Last edit: March 27, 2015, 07:01:01 AM by TrueCryptonaire |
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I recommend now for all the accumulators start buying all the available Moneros below 0.005. There are not that many coins besides the manipulation walls. 0.005 is cheap Monero IMO. There is no reason why XMR could not replace BTC and reach at some point large price points. Therefore buying XMR at 0.005 (or 1.25 usd) is like buying btc at 1 usd range. I would not be surprised if the price of XMR goes to new ATH during coming months so technically anything below previous ATH is a screaming deal. For longer haul, any XMR you are able to get below 10 000 USD is extremely cheap. It is important to remember that there is not enough Moneros for every person in the world and probably will never be. I also bought a few today. Not that I need to buy any but simply helping the marketcap to be build. BTW, I have no plan to sell any coins. The selling comes when there is something major happening (like mass adoption). Until that Monero is a great buy and I have no intention to sell coins. I am sorry to tell this all ye accumulator mates. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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rpietila
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Activity: 1722
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March 27, 2015, 06:59:59 AM |
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Guess I'll just have to wait for the next whale dump to get back in.
Whales are accumulating. The miners dump. I don't rule out a miner dump but in this environment with brisk demand that is pretty needless. If I needed to sell 50k, it would not be hard to do. And if I needed to sell my produce, there would be no need to accumulate 50k before selling. These are clearly evident in the recent days when lows have been rising quicker than the highs. There will always be a whale dump to accumulate lower. You know this. Sometimes it will even cause panic selling. Wait didn't we just go through one of those? I know many things, including that it takes about 3x overvaluation to be able to safely sell something and actually gain money whale scale. BTC has been in this situation 3 times during its history, I spotted all of them, in the first one actively refused to buy (bought later at $3), second one had time to sell for 1 day until it toppled and third one bought a castle. These I know. Monero has never been such overvalued. Many generate lots of volume, yet barely break even no matter how "right" they think they are.
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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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iCEBREAKER
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Crypto is the separation of Power and State.
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March 27, 2015, 07:23:00 AM |
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There is no reason why XMR could not replace BTC There reason XMR cannot replace BTC is that both are antifragile. XMR only strengthens BTC. If BTC needs to incorporate innovative features proven in XMR, it will. And vice versa. They are complements, not substitutes or competition, and should gravitate towards parity. Every moment we stay above 0.003 is a victory that will resonate throughout history for 1000 years! Go Mustangs!
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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farfiman
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March 27, 2015, 07:30:51 AM |
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I recommend now for all the accumulators start buying all the available Moneros below 0.005. There are not that many coins besides the manipulation walls. 0.005 is cheap Monero IMO. There is no reason why XMR could not replace BTC and reach at some point large price points. Therefore buying XMR at 0.005 (or 1.25 usd) is like buying btc at 1 usd range. I would not be surprised if the price of XMR goes to new ATH during coming months so technically anything below previous ATH is a screaming deal. For longer haul, any XMR you are able to get below 10 000 USD is extremely cheap. It is important to remember that there is not enough Moneros for every person in the world and probably will never be. I also bought a few today. Not that I need to buy any but simply helping the marketcap to be build. BTW, I have no plan to sell any coins. The selling comes when there is something major happening (like mass adoption). Until that Monero is a great buy and I have no intention to sell coins. I am sorry to tell this all ye accumulator mates. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Sounding a bit like the DASH guys. Lets calm down ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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"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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TrueCryptonaire
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March 27, 2015, 07:38:05 AM |
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There is no reason why XMR could not replace BTC There reason XMR cannot replace BTC is that both are antifragile. XMR only strengthens BTC. If BTC needs to incorporate innovative features proven in XMR, it will. And vice versa. They are complements, not substitutes or competition, and should gravitate towards parity. I respectfully disagree. First of all, I do not think btc is the ultimate crypto currency. It is the first one like this type but certainly is not the ultimate. I do not say bitcoin will be broken but I just dare to claim bitcoin might lose its popularity. It is challenging to sell bitcoins these days to noobs. They think it is too expensive and in declining trend which is an adoption killer combination. Who wants to buy an asset that gets dumped, it is pure stupidity. Monero can fix economically bitcoin's wild fluctuation problem and grow steadily (traders are here playing a crucial role - they give markets both sellers and buyers and thus cutting the over-reactions into both ways). On the other hand, accumulation and adoption will put Monero to rising price channel that might take years or even decades (unheard in crypto). Basically extremely long term steady bull-market for sure 99.99 % probability will attract huge amounts of money. But this needs to be proven by time and the price cannot rise too fast so that it will not feel risky investment. That is the factor that potentially be crucial in replacing bitcoin. If I am not mistaken, the devs are working on option into XMR to use it also publically...? Am I completely wrong? Anything that bitcoin has can be included into Monero.
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generalizethis
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Facts are more efficient than fud
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March 27, 2015, 07:42:47 AM Last edit: March 27, 2015, 07:52:52 AM by generalizethis |
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There is no reason why XMR could not replace BTC There reason XMR cannot replace BTC is that both are antifragile. XMR only strengthens BTC. If BTC needs to incorporate innovative features proven in XMR, it will. And vice versa. They are complements, not substitutes or competition, and should gravitate towards parity. I respectfully disagree. First of all, I do not think btc is the ultimate crypto currency. It is the first one like this type but certainly is not the ultimate. I do not say bitcoin will be broken but I just dare to claim bitcoin might lose its popularity. It is challenging to sell bitcoins these days to noobs. They think it is too expensive and in declining trend which is an adoption killer combination. Who wants to buy an asset that gets dumped, it is pure stupidity. Monero can fix economically bitcoin's wild fluctuation problem and grow steadily (traders are here playing a crucial role - they give markets both sellers and buyers and thus cutting the over-reactions into both ways). On the other hand, accumulation and adoption will put Monero to rising price channel that might take years or even decades (unheard in crypto). Basically extremely long term steady bull-market for sure 99.99 % probability will attract huge amounts of money. But this needs to be proven by time and the price cannot rise too fast so that it will not feel risky investment. That is the factor that potentially be crucial in replacing bitcoin. If I am not mistaken, the devs are working on option into XMR to use it also publically...? Am I completely wrong? Anything that bitcoin has can be included into Monero.I think you're referring to the viewkey. * https://moneroeconomy.com/faq/en/how-can-monero-be-both-anonymous-and-transparent-same-time
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GreekBitcoin
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getmonero.org
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March 27, 2015, 08:59:59 AM |
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I am thinking about putting another 10BTC on XMR yet i also want to wait for a nice big dump....What do? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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generalizethis
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Facts are more efficient than fud
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March 27, 2015, 09:10:04 AM |
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I am thinking about putting another 10BTC on XMR yet i also want to wait for a nice big dump....What do? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I don't think that big dump is coming anytime soon--but it seems the buying isn't rushed, so you could buy a little each day and mitigate the chance of buying on a short-term dip. Risto has access to more market information, so maybe he can give you a better incite.
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