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TrueCryptonaire
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Activity: 1092
Merit: 1000
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March 05, 2016, 12:51:12 PM |
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Did I look the price chart upside down . Anything significant happened to monero ?
The bottom line: XMR project is about to start getting wind under her wings and it will basically fly us to the moon. For me the use of XMR is a store of value and for that purpose the marketcap need to be driven so high that one person cannot move the price of the coin to any direction. Now it is time to start to fund the marketcap and slowly add more Moneros to your portfolio. If you are like me, considering XMR as a store of value, I would not put any limits how many XMR I want at max (minimum limits I've put). The reason: I am not willing to put the upside limit of how much money I want to own (XMR is money). My exit strategy is buying stuff with XMR and probably replace those XMR whenever I have funds to do so. That's the real use of XMR for me. Obviously everybody need to figure out themselves what they want from it. Some people might want anon transactions, some people might need to transfer funds overseas fast but anon way or some people want XMR to be their safe haven and the ultimate money which they can give as inheritance to children. |
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aminorex
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Sine secretum non libertas
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March 05, 2016, 01:17:40 PM
Last edit: March 05, 2016, 01:28:46 PM by aminorex |
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happiness is not tied to spending
Mostly to the happiness of your spouse, I have found. I think a good spouse will encourage and enable you to be your best self, which includes making your best spending choices. |
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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March 05, 2016, 01:34:01 PM |
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happiness is not tied to spending
Mostly to the happiness of your spouse, I have found. I think a good spouse will encourage and enable you to be your best self, which includes making your best spending choices. My spouse comes from a large family and from home she has used to not to get everything. That's actually helping us to grow the wealth as well... I think she spends outside of necessities like 100 euros/mo which is reasonable. Personally I use almost nothing (sometimes go out but very rarely). We both are investing in real estate and we are about to pre-close one deal from Helsinki area which will be rented for short-term leases with higher ROI. Of course it employs a little bit as the appartment needs cleaning max 1-2 times a week. |
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aminorex
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Sine secretum non libertas
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March 05, 2016, 01:38:40 PM |
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Every time I think it's done, we bump a little higher. Will we see 400k this trip? Top 430k? or can moon be a real destination? I just love being well out of the red ink for a change  Distance from earth to moon is 385k. Just sayin'. 300 BTC takes us there right now. Just a tiny sliver of pizza. |
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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hitchingAride
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March 05, 2016, 01:51:32 PM |
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Summer 2014 the emission was a lot higher and there were pretty much nothing done to develope the product.
newb question, what does the emission of Monero mean? |
greed, for lack of a better word, is good.
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TrueCryptonaire
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March 05, 2016, 01:55:02 PM |
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Summer 2014 the emission was a lot higher and there were pretty much nothing done to develope the product.
newb question, what does the emission of Monero mean? How many new coins are created per day. |
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papa_lazzarou
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March 05, 2016, 01:56:08 PM |
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Every time I think it's done, we bump a little higher. Will we see 400k this trip? Top 430k? or can moon be a real destination? I just love being well out of the red ink for a change Distance from earth to moon is 385k. Just sayin'. 300 BTC takes us there right now. Just a tiny sliver of pizza. That would mean about 38 BTC/day to maintain that price. At which price level do you suppose the current 10k emission will begin being a problem? |
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Febo
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March 05, 2016, 01:56:34 PM |
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Summer 2014 the emission was a lot higher and there were pretty much nothing done to develope the product.
newb question, what does the emission of Monero mean? How many new coins are created per day. It decrease steadily and daily, not halve every few years like in Bitcoin. |
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TrueCryptonaire
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March 05, 2016, 02:02:14 PM |
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Dumpers tend to be early and when the price really starts rising is when the dumpers are done their selling. Therefore many coins have suffered from hardships to go beyond the ATH. There are more air when we establish XMR over ATH price as the weak hands have been shaken before it.
With current volumes of 1000-3000 btc a day with 0 weak hands the price of XMR theoretically could be 0.10-0.20 BTC/XMR.
That's with current emission. The emission is getting lower quite fast still... By the end of this year it is already quite tight.
BTW, 40-50 % of the shorts I was offering has been closed during past few hrs at loss (they were taken around 0.002).
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LucyLovesCrypto
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March 05, 2016, 02:13:07 PM |
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BTW, 40-50 % of the shorts I was offering has been closed during past few hrs at loss (they were taken around 0.002).
I was was also thinking about that. Loans have to be repaid eventually so that can help with the rally on the way up if there are still a lot of short sellers remaining. I don't lend or trade on margin but understand the impact it can have on markets. |
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aminorex
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March 05, 2016, 02:55:28 PM |
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Btcusd downspike
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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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TrueCryptonaire
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March 05, 2016, 03:16:28 PM |
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Etherium folks seem to be reasonable, as far as I am aware, they are buying Monero also... This is what I read from trollbox.
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warptangent
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March 05, 2016, 03:21:46 PM |
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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. There could be a couple reasons for the error. Are you running a released build or one you or someone compiled? What version? It appears to be on height 0. Does that sound right, or had you previously had a database? If the former, it would be easiest to start with a fresh database directory and see if that works. To do so, you could remove the two *.mdb files in your current monero data dir's lmdb/ directory and then start the daemon. If you want to leave your current database intact for further investigation, you can start the daemon with another data dir: bitmonerod --data-dir /path/of/your/choice If you want to follow up, it's better to use the support thread: https://bitcointalk.org/index.php?topic=652305.new |
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aminorex
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Sine secretum non libertas
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March 05, 2016, 03:50:29 PM
Last edit: March 15, 2016, 05:05:26 PM by aminorex |
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Testing the level for a breakout now. The next 24 hours are critical. Maybe Jaimie Dimond buying in? RealMattDamon told him to.
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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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dEBRUYNE
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March 05, 2016, 03:57:06 PM |
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Testing the level for a breakout now. The next 24 hours are critical . Maybe Jaimie Diamond is buying in? RealMattDamon told him to.
Oh the nostalgia! |
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persiancat
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March 05, 2016, 03:59:38 PM |
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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. There could be a couple reasons for the error. Are you running a released build or one you or someone compiled? What version? It appears to be on height 0. Does that sound right, or had you previously had a database? If the former, it would be easiest to start with a fresh database directory and see if that works. To do so, you could remove the two *.mdb files in your current monero data dir's lmdb/ directory and then start the daemon. If you want to leave your current database intact for further investigation, you can start the daemon with another data dir: bitmonerod --data-dir /path/of/your/choice If you want to follow up, it's better to use the support thread: https://bitcointalk.org/index.php?topic=652305.newAppreciate your kind advice warptangent. I deleted the data.mdb as I suspected it got corrupted during the Windows hard crash. Now have to spend umpteen hours to regenerate the full blockchain from scratch (I use HDD). |
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aminorex
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March 05, 2016, 04:13:42 PM |
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This is, gentlemen.
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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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