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Author Topic: [XMR] Monero Speculation  (Read 3312497 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.)
bitebits
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March 04, 2016, 08:37:24 PM
 #13841

Good quality discussion here recently.  Thanks for the edu - I'm learning tons.

Who are the most credible tweeters talking about xmr so I can follow and stay up to date there too (It is possible i'm following most of these folks already, but don't want to overlook anyone w/ really solid insights)?

If you like to learn more about Monero non price related, then please have a look at the below thread as well:

[XMR] Monero - A secure, private, untraceable cryptocurrency

- You can figure out what will happen, not when /Warren Buffett
- Pay any Bitcoin address privately with a little help of Monero.
nioc
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March 04, 2016, 08:48:13 PM
 #13842


Nice!

"Light years ahead.."  these guys really get it and are big fans (for good, well-informed reasons)

AKWAnalytics donated to Monero back in 2014 and is listed in The Monero Hall of Fame
nioc
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March 04, 2016, 08:53:29 PM
 #13843

Oh My

Disclaimer: This post is not investment advice
explorer
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March 04, 2016, 09:20:01 PM
 #13844

Oh My

Disclaimer: This post is not investment advice

So much good news and positive price action lately.  Oh My  indeed!   
Is the basement finished in your monero house? I failed to increase my position before the rise, and may require somewhere to stay...

americanpegasus
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March 04, 2016, 09:28:54 PM
 #13845

Oh My

Disclaimer: This post is not investment advice

So much good news and positive price action lately.  Oh My  indeed!  
Is the basement finished in your monero house? I failed to increase my position before the rise, and may require somewhere to stay...



Personally I'm getting sick of driving around with a broken window.  It's raining today, which means it's raining on me.  I may use a little of the XMR profits and fix my car windows so I don't get rained on anymore when I drive.   Tongue 
 
Also, I suddenly have an opinion on the capital gains tax.   Grin

Account is back under control of the real AmericanPegasus.
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March 04, 2016, 09:30:21 PM
 #13846

Oh My

Disclaimer: This post is not investment advice

So much good news and positive price action lately.  Oh My  indeed!   
Is the basement finished in your monero house? I failed to increase my position before the rise, and may require somewhere to stay...



You are always welcome to stay brother.  Happy Thanksgiving!
luigi1111
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March 04, 2016, 11:07:06 PM
 #13847

Also, I suddenly have an opinion on the capital gains tax.   Grin

Funny how that works. Smiley
macsga
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March 04, 2016, 11:38:00 PM
 #13848

Actually TueCryptonaire seems a sensible guy. I was also regarded as a troll in the beginning  Cheesy

LOL! Same here, I miss these times of train posting though... Wink

Chaos could be a form of intelligence we cannot yet understand its complexity.
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March 05, 2016, 12:56:24 AM
 #13849

If peoples have in ETH going to XMR, XMR will price rise to the moon!

Why would ppl move from eth to xmr?

Bitcoin is NOT anonymous: http://www.bitcoinisnotanonymous.com
dEBRUYNE
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March 05, 2016, 01:00:21 AM
 #13850

If peoples have in ETH going to XMR, XMR will price rise to the moon!

Why would ppl move from eth to xmr?

Just traders jumping on the next "hot" thing. Plus a lot of profits have been made on ETH.

Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
iCEBREAKER
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March 05, 2016, 01:03:32 AM
 #13851

If peoples have in ETH going to XMR, XMR will price rise to the moon!

Why would ppl move from eth to xmr?

Good Question deserves Good Answer:

Quote
Monero is only trying to be one thing: true digital cash, with all the privacy and fungibility that comes with that. It isn't just trying - it is wildly succeeding.

I can send $100,000 worth of Monero across the world instantly and nearly for free... but so could Bitcoin. But with Monero I can do it and no one can trace the transaction or see that I did it.

It is the holy grail of digital money.


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Monero
"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
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
aminorex
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March 05, 2016, 02:38:48 AM
Last edit: March 05, 2016, 04:02:08 AM by aminorex
 #13852

 Edit: Deleted in shame because I was wasted and stupid. Sorry.

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.
cAPSLOCK
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March 05, 2016, 02:43:08 AM
 #13853

Believe me: I understand full well what a whack calculation I'm about to make. None the less it has long been empirically true that dividing the sum of the Polo bid by the sum of the Polo ask has resulted in a number approximately equal to 1/2 of the market clearing price of XMR in Bitcoin.  If that gruesome and absurd rule of thumb where to continue to hold under the present circumstances the price would tend to ca. ~500k.  And yes, I am embarrassed to have said it.

I hope you are right. But I see the resistance between 420 and 480 to be pretty nasty.
americanpegasus
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March 05, 2016, 03:13:27 AM
 #13854


Account is back under control of the real AmericanPegasus.
iCEBREAKER
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March 05, 2016, 03:31:59 AM
 #13855

stay away; it's not for you!

Lost it right^ ^there.   Grin



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██████████████████████
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██████████

Monero
"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
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
americanpegasus
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March 05, 2016, 04:20:55 AM
 #13856

stay away; it's not for you!

Lost it right^ ^there.   Grin


Don't worry - people usually don't like being told what to do, even though it's the responsible thing to say. 

Account is back under control of the real AmericanPegasus.
bitebits
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March 05, 2016, 04:58:08 AM
 #13857

stay away; it's not for you!

We are in the speculation thread right? Reminds me of this article:
http://nakamotoinstitute.org/mempool/im-hoarding-bitcoins-and-no-you-cant-have-any/

- You can figure out what will happen, not when /Warren Buffett
- Pay any Bitcoin address privately with a little help of Monero.
americanpegasus
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March 05, 2016, 05:02:46 AM
 #13858

Wow.... I just did some math at 280k satoshi and came up with a surprising arithmetic.  A friend was asking what she would get right now for her seven bitcoins if she converted them to Monero. 
 
So I took 1 bitcoin and divided it by 0.0028.  That comes out to 357.14285714285714285714285714286... Monero per Bitcoin.  Ok, so let's directly multiply that number by 7 bitcoins.... 
 
2500 Monero.  Exactly..  Weird.... I have a bit of dyscalcula - why does this happen?

Account is back under control of the real AmericanPegasus.
persiancat
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March 05, 2016, 05:09:26 AM
 #13859

I keep getting this error when starting bitmonerod.exe

Can someone kindly advise how do I resolve this please?


http://postimg.org/image/82k0rxkeh/


My computer blue-screened after starting up bitmonerod.exe just a while ago.
I restarted the computer and bitmonerod.exe started to show this error messages.
TrueCryptonaire
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March 05, 2016, 05:34:58 AM
 #13860

Obviosuly everybody decides their exit points individually.
My personal situation is, I am not thinking exiting Monero (=selling without a plan to rebuy the same amount or more later) any time soon even if Monero costs 10-50 usd each.
In fact, no reason to dump since when it is time to diversify, I hope I can do it without dumping (buying gold coins and other assets directly with XMR).
Also, I am working full time in two jobs which I love + I have several rental units around Finland which alone can sustain my lifestyle without working so I am not selling in the need of money but when others need some of my Moneros.
I know this might sound a scam but it really isn't. It is time to diversify when people are literally begging to be able to throw money into your bosoms (this is a sure sign of bubble, happened in dot-com-bubble 15 years ago people were sleeping in their sleeping bags so that they are able to invest in some kind of vague tech company that went 1-2 yrs later to bankcrupt).

I agree, I would love to be at the point where I could buy an ounce of gold with a couple of my moneros... That's what I'm personally looking forward too... But as of now, I'm living from pay check to pay check, so unfortunately I don't even have the opportunity to buy more if I even wanted too.

Stop using credit/debit card and pay in cash always.
Make yourself a track where your every dime goes, then make a budget.
Then simply figure out how you can safe in your expenses (perhaps eating out once a month instead of weekly, eating more veggies which tend to be cheaper and healthier per kilo than meat, not eating candies/junk, not drinking soda etc.).
My expenses are very low, rent is 20-30 % below market rent (I am renting in Helsinki where the rental income is only 3-4 % and buying appartments for investments with rental yield of 10+ %), I am paying for my breakfast + lunch only 3-4 euros/day and I still think I could safe even from that because for the sake of convenience I am using certain Finnish shop that is pretty expensive.
Then you see how the money starts to pile slowly to you... In real estate investing it is crucial to be good at managing money. It is a skill which everybody can learn and become better and better all the time.
Living frugally today means you are wealthier tomorrow.
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