aminorex
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Activity: 1596
Merit: 1029
Sine secretum non libertas
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March 02, 2016, 04:54:21 PM |
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Deflation has hit Crypto Kingdom. It could turn into hyper deflation.
CKG is still near ATH in fiat terms and up +272% y-o-y. Pretty much the definition of deflation right there. Land price has suffered
So, housing bubble popped? Gonna do whatever it takes? NIRP? Maybe start your helicopter? Those pesky savers! Well, if your wealthy citizens ever need a way to escape financial repression, I could provide them some XMR, I suppose. |
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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aminorex
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Activity: 1596
Merit: 1029
Sine secretum non libertas
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March 02, 2016, 04:59:02 PM |
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Market has swalllowed a large dump over the past couple of days. That creates a little air pocket in demand, which takes maybe a couple of days to fill. How fast and how firm the fill will tell us a lot about the moneyflow trends, whether they are short-term rising or falling.
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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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wpalczynski
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Activity: 1456
Merit: 1000
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March 02, 2016, 04:59:31 PM
Last edit: March 02, 2016, 05:10:55 PM by wpalczynski |
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In a world that values Ethereum, a presale IPO with tens of millions of more coins potentially hitting the market soon (or the algo switches to POS, i don't even know anymore), at $9 each, Monero is absurd at 80 cents. We should be at $2 to $3 minimum. I say we show them what it feels like to have 0 XMR by buying every sell wall they put up until they realize the price is leaving 200k and not coming back. You heard it: this is artificially cheap XMR - what else are you waiting for? It was a hell of an endorsement actually - another quote: "We agree, just diff. strategies/opinions to reach goal. $XMR hugely undervalued but we're trying to downplay it & stay cheap" Dream on...  He says he is manipulating the market with a goal of accumulating 10k xmr. Epic Neckbeard logic fail.  |
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TrueCryptonaire
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Activity: 1092
Merit: 1000
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March 02, 2016, 05:00:01 PM |
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Annoying, for the sake of such a small amount of coins (only 8500 usd) one needs to dump like crazy and risking of now being able to accumulate cheaper.
However, I wonder why he announced his manipulation publically?
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aminorex
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Activity: 1596
Merit: 1029
Sine secretum non libertas
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March 02, 2016, 05:01:19 PM |
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1. Aminorex
I am somehow flattered to be at the top of your list of suspects, but for the record, no, I continue to accumulate slowly. That smell of rotting bearwhale on the shore -- not me. |
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
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Activity: 1092
Merit: 1000
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March 02, 2016, 05:03:10 PM |
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1. Aminorex
I am somehow flattered to be at the top of your list of suspects, but for the record, no, I continue to accumulate slowly. That smell of rotting bearwhale on the shore -- not me. Your announcement of extreme bullishness sounds to my ears you are thinking of unloading bags full of diamonds on us. |
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americanpegasus
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March 02, 2016, 05:07:37 PM |
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Hehe, this will turn into a Quintin Tarintino movie soon. 8 XMR traders. Locked in a room.... One of them is a bear whale.
Except organic demand is actually rising - slowly but surely. Every XMR sold at any level is a Monero you may not be able to get back. It feels good to scalp and get 1000 new XMR, but what if we take off again when people flip their new ETH profits? You'll be wishing you could have bought near 200k.
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Account is back under control of the real AmericanPegasus.
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tifozi
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March 02, 2016, 05:10:15 PM |
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Annoying, for the sake of such a small amount of coins (only 8500 usd) one needs to dump like crazy and risking of now being able to accumulate cheaper.
However, I wonder why he announced his manipulation publically?
Your post history in this thread and your signature might have been a 101 for these types  |
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TrueCryptonaire
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Activity: 1092
Merit: 1000
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March 02, 2016, 05:14:17 PM |
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Annoying, for the sake of such a small amount of coins (only 8500 usd) one needs to dump like crazy and risking of now being able to accumulate cheaper.
However, I wonder why he announced his manipulation publically?
Your post history in this thread and your signature might have been a 101 for these types The only difference is I announce my moves afterwards (past tense). I think the tweet was announcing "I am going to buy 10 000 XMR" (future tense). |
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tifozi
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March 02, 2016, 05:24:22 PM |
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Annoying, for the sake of such a small amount of coins (only 8500 usd) one needs to dump like crazy and risking of now being able to accumulate cheaper.
However, I wonder why he announced his manipulation publically?
Your post history in this thread and your signature might have been a 101 for these types The only difference is I announce my moves afterwards (past tense). I think the tweet was announcing "I am going to buy 10 000 XMR" (future tense). Sure, since you have never announced the intent of your selling wasn't to buy back lower (clairvoyant tense) |
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rpietila
Donator
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Activity: 1722
Merit: 1036
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March 02, 2016, 05:33:23 PM |
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Land price has suffered
So, housing bubble popped? Gonna do whatever it takes? NIRP? Maybe start your helicopter? Those pesky savers! Well, if your wealthy citizens ever need a way to escape financial repression, I could provide them some XMR, I suppose. I thought it is the time to press the button on Versailles, a project that's been on hold since this time 2015. I will personally pour into the economy 25,000 XMR and the nobles will contribute about the same (I already paid 9,000 for the land and will give it on for free.) As the result, we will get about 20 of the (possibly forever) most prestigious addresses in CK. |
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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dEBRUYNE
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Activity: 2268
Merit: 1141
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March 02, 2016, 06:56:46 PM |
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griffen1102
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March 02, 2016, 09:42:15 PM |
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Hey guys I relatively new to the Monero market, is there a peak time for trading? I'm on the US east coast so I see the markets during the day here and seems like there's a decent amount of activity. I'm looking to snag more (cheaper) XMR during the lull times of trading.
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dEBRUYNE
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Activity: 2268
Merit: 1141
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March 02, 2016, 09:44:29 PM |
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Hey guys I relatively new to the Monero market, is there a peak time for trading? I'm on the US east coast so I see the markets during the day here and seems like there's a decent amount of activity. I'm looking to snag more (cheaper) XMR during the lull times of trading.
Most users/community members are from Europe and US as far as I know. Thus, I would say look for times when it overlaps and preferably after work time, so 20:00-24:00 UTC probably (I think that's 14/15:00-18/19:00 in the US). |
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dEBRUYNE
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Activity: 2268
Merit: 1141
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March 02, 2016, 09:52:37 PM |
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First test report, thanks to ferritinjapan! Ta. It looks pretty good so far. Wallet loads up after initialisation in chrome on mytrezor.com, loaded up with simplewallet no problem, made a watching wallet from the viewkey which is synched on the 9.1 version of simplewallet. Looks like the watchonly wallet see all the transactions it is supposed to. Sent a Monero to the Trezor address and recognised the transaction on the network. Once it unlocked I sent some of it back after confirming it on the Trezor. Recognised by the network no problem. So far so good! Fantastic work getting this up and going BTW, I thought we'd be waiting more than a year for something even close to a Monero hardware wallet. Also, general remark: Question: It runs, but I have no idea how to input the pin properly when it is requested. How does that work on the command line? Answer: Please use the numeric keypad to input the corresponding box. https://forum.getmonero.org/4/academic-and-technical/2495/experimental-trezor-firmware-testing |
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XMRpromotions
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March 02, 2016, 11:05:39 PM |
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First test report, thanks to ferritinjapan! Ta. It looks pretty good so far. Wallet loads up after initialisation in chrome on mytrezor.com, loaded up with simplewallet no problem, made a watching wallet from the viewkey which is synched on the 9.1 version of simplewallet. Looks like the watchonly wallet see all the transactions it is supposed to. Sent a Monero to the Trezor address and recognised the transaction on the network. Once it unlocked I sent some of it back after confirming it on the Trezor. Recognised by the network no problem. So far so good! Fantastic work getting this up and going BTW, I thought we'd be waiting more than a year for something even close to a Monero hardware wallet. Also, general remark: Question: It runs, but I have no idea how to input the pin properly when it is requested. How does that work on the command line? Answer: Please use the numeric keypad to input the corresponding box. https://forum.getmonero.org/4/academic-and-technical/2495/experimental-trezor-firmware-testingFrom this it sounds like the finished product is closer than I thought! Is there a way to improve privacy by running it with your own node instead of mytrezor.com which will require a view key in order to work? |
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dEBRUYNE
Legendary
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Activity: 2268
Merit: 1141
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March 02, 2016, 11:13:13 PM |
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First test report, thanks to ferritinjapan! Ta. It looks pretty good so far. Wallet loads up after initialisation in chrome on mytrezor.com, loaded up with simplewallet no problem, made a watching wallet from the viewkey which is synched on the 9.1 version of simplewallet. Looks like the watchonly wallet see all the transactions it is supposed to. Sent a Monero to the Trezor address and recognised the transaction on the network. Once it unlocked I sent some of it back after confirming it on the Trezor. Recognised by the network no problem. So far so good! Fantastic work getting this up and going BTW, I thought we'd be waiting more than a year for something even close to a Monero hardware wallet. Also, general remark: Question: It runs, but I have no idea how to input the pin properly when it is requested. How does that work on the command line? Answer: Please use the numeric keypad to input the corresponding box. https://forum.getmonero.org/4/academic-and-technical/2495/experimental-trezor-firmware-testingFrom this it sounds like the finished product is closer than I thought! Is there a way to improve privacy by running it with your own node instead of mytrezor.com which will require a view key in order to work? Better ask that to NoodleDoodle on the forum! |
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dEBRUYNE
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Activity: 2268
Merit: 1141
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March 03, 2016, 02:56:32 AM |
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Market has swalllowed a large dump over the past couple of days. That creates a little air pocket in demand, which takes maybe a couple of days to fill. How fast and how firm the fill will tell us a lot about the moneyflow trends, whether they are short-term rising or falling.
Considering that the bid side was below 300 BTC shortly after the dump, I'd say pretty good. |
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persiancat
Newbie
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Activity: 33
Merit: 0
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March 03, 2016, 02:57:44 AM |
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Hehe, this will turn into a Quintin Tarintino movie soon. 8 XMR traders. Locked in a room.... One of them is a bear whale.
Except organic demand is actually rising - slowly but surely. Every XMR sold at any level is a Monero you may not be able to get back. It feels good to scalp and get 1000 new XMR, but what if we take off again when people flip their new ETH profits? You'll be wishing you could have bought near 200k.
How does one scalp and get 1,000 XMR per trade? Unless you are trading very big lot sizes ... |
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