Cryptobro
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March 10, 2016, 04:09:00 AM |
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I have no problem with the new structure. Seems quite a smart way to go actually.
The lower limit of <600 Btc traded in a month is a but high though, surely there are few who actually reach that?
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explorer
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Activity: 2016
Merit: 1259
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March 10, 2016, 04:38:40 AM |
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I have no problem with the new structure. Seems quite a smart way to go actually.
The lower limit of <600 Btc traded in a month is a but high though, surely there are few who actually reach that?
When I first bought bitcoin, the exchange was charging 6%. Seriously. To go from 0.20 to 0.25 doesn't really bother me.
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iCEBREAKER
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Crypto is the separation of Power and State.
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March 10, 2016, 05:14:41 AM |
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Speculation: Monero will replace Bitcoin long before anyone can replace the priceless comic antics of the DashHoles.
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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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owm123
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March 10, 2016, 05:21:36 AM |
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From Poloniex: Any opinions? Not sure if good or bad. Ought to provide more liquidity ask/bid wise since it will be more expensive to marketbuy. I opted in to the new fee schedule. I was already placing all my orders as limit orders. Using limit orders imposes self-discipline. And it's good for the market. I dont understand the new fees. Could someone explain this in plain english. What are the pros and cons for traders of this change? When you make a market buy or sell, you pay the "taker" fee (starting at 0.25% in the new system). When you place a buy or sell order that stays on the book and it gets executed, you pay the "maker" fee (starting at 0.15% in the new system). The pros are: 1. That it encourages people to place orders on the book, increasing liquidity 2. Lower fees if you place orders on the book The cons are: 1. Discourages market buys/sells, which may reduce the ability to trade patiently and get better prices 2. Higher fees if you make market buys/sells. The new fees are also discounted for higher volume traders, which is an advantage if you are one, but irrelevant if you are a low volume trader. Thank you. That was very useful :-) Much better explanation in comparison to what polo wrote.
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ArticMine
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Monero Core Team
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March 10, 2016, 06:17:23 AM |
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Speculation: Monero will replace Bitcoin long before anyone can replace the priceless comic antics of the DashHoles. Or Monero becomes the most liquid market for Dash. That could happen.
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explorer
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Activity: 2016
Merit: 1259
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March 10, 2016, 06:18:25 AM |
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Finally jumped through all the hoops and dotted all the i's at kraken to get my account funded there, so I added my request for XMR-USD and XMR-XBT pairs. With enough noise, eventually we can make it happen. Then watch out!
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elrippo
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March 10, 2016, 06:27:25 AM |
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XMR is currently at 0.00303800 from its previous low of 0.00223310 In other words, XMR is up 36%
ETH is currently at 0.02915000 from its previous low of 0.02122200 In other words, ETH is up 37%
Given the correlation between these two, I'd say XMR rise is not because market participants are buying due to its fundamentals. Rather its just hot money flowing into both markets.
We'd be more pleased if XMR increases in value independently of others. That will speak volumes about the market's confidence in XMR's as a unique and viable currency.
Hot money inflows doesn't mean much. A rising tide lifts all boats.
For a real world example, see how stocks around the world performed after US Fed initiated QE1, QE2 and QE3.
IMHO it smells to me like a conversion from FIAT Money to a "Crypto Fonds" that you can buy in at your local "bank" So i believe this is some investors work who is seeing FIAT Money as the € falling.
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For Advertisement. PM me to discuss.
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Kramerc
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March 10, 2016, 08:29:28 AM |
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XMR is currently at 0.00303800 from its previous low of 0.00223310 In other words, XMR is up 36%
ETH is currently at 0.02915000 from its previous low of 0.02122200 In other words, ETH is up 37%
Given the correlation between these two, I'd say XMR rise is not because market participants are buying due to its fundamentals. Rather its just hot money flowing into both markets.
We'd be more pleased if XMR increases in value independently of others. That will speak volumes about the market's confidence in XMR's as a unique and viable currency.
Hot money inflows doesn't mean much. A rising tide lifts all boats.
For a real world example, see how stocks around the world performed after US Fed initiated QE1, QE2 and QE3.
I'm of the same opinion that XMR is trading along ETH, for now. So what I'm suggesting basically is that all the XMR long-term bulls should be very careful at this stage of trading in order to not lose any potential value because the mega-dumps will come, eventually. Better be out by then, in order to be able to buy back moar at the expense of hot money speculators.
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Quicken
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March 10, 2016, 09:26:46 AM |
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I'm of the same opinion that XMR is trading along ETH, for now. So what I'm suggesting basically is that all the XMR long-term bulls should be very careful at this stage of trading in order to not lose any potential value because the mega-dumps will come, eventually. Better be out by then, in order to be able to buy back moar at the expense of hot money speculators.
I think most XMR long-term bulls are hodlers, not traders. I know I am.
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bitebits
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Flippin' burgers since 1163.
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March 10, 2016, 11:10:21 AM |
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I'm of the same opinion that XMR is trading along ETH, for now. So what I'm suggesting basically is that all the XMR long-term bulls should be very careful at this stage of trading in order to not lose any potential value because the mega-dumps will come, eventually. Better be out by then, in order to be able to buy back moar at the expense of hot money speculators.
I think most XMR long-term bulls are hodlers, not traders. I know I am. Same as with the first Bitcoin adopters. But if the price starts to reflect the longer-term 'bulls' vision, it attracts traders for short term gains and real bubbles occur. I think we are still far away from any such scenario, with a 10mm market cap these 30% price swings are just noise. Now only thing left is to determine when we arrived at such bubble stage, and distinguish it from just violent but organic growth (if one of the two ever occurs).
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- You can figure out what will happen, not when /Warren Buffett - Pay any Bitcoin address privately with a little help of Monero.
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americanpegasus
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March 10, 2016, 11:16:08 AM |
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Bitebits, the scary thing about that is you just don't know. You have no way of knowing. Accept that if you are a Bitcoin maximalist in it for the long haul, you have to accept the crash from $30 to $2, smile, and then buy more. Monero may have a similar moment one day when we crash from something like $45 to $6 and everyone will say the 'Monero scam bubble has burst'. We must ignore them and continue acquiring and using it.
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Account is back under control of the real AmericanPegasus.
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explorer
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Activity: 2016
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March 10, 2016, 11:43:49 AM |
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Bitebits, the scary thing about that is you just don't know. You have no way of knowing. Accept that if you are a Bitcoin maximalist in it for the long haul, you have to accept the crash from $30 to $2, smile, and then buy more. Monero may have a similar moment one day when we crash from something like $45 to $6 and everyone will say the 'Monero scam bubble has burst'. We must ignore them and continue acquiring and using it.
That's it. I look at the road map. I like where it goes, though i have no idea how long it will take to get there. Might as well enjoy the ride.
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Days
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March 10, 2016, 01:32:18 PM |
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Bitebits, the scary thing about that is you just don't know. You have no way of knowing. Accept that if you are a Bitcoin maximalist in it for the long haul, you have to accept the crash from $30 to $2, smile, and then buy more. Monero may have a similar moment one day when we crash from something like $45 to $6 and everyone will say the 'Monero scam bubble has burst'. We must ignore them and continue acquiring and using it.
That's it. I look at the road map. I like where it goes, though i have no idea how long it will take to get there. Might as well enjoy the ride. I think Americanpegasus is playing with investors emotions, looking at he's history he keeps saying Monero now is like BTC in 2011, the thing is every other coin here can say the same thing. I'd rather see Monero work more into their development rather than emotional speeches.
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GingerAle
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March 10, 2016, 01:38:00 PM |
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Bitebits, the scary thing about that is you just don't know. You have no way of knowing. Accept that if you are a Bitcoin maximalist in it for the long haul, you have to accept the crash from $30 to $2, smile, and then buy more. Monero may have a similar moment one day when we crash from something like $45 to $6 and everyone will say the 'Monero scam bubble has burst'. We must ignore them and continue acquiring and using it.
That's it. I look at the road map. I like where it goes, though i have no idea how long it will take to get there. Might as well enjoy the ride. I think Americanpegasus is playing with investors emotions, looking at he's history he keeps saying Monero now is like BTC in 2011, the thing is every other coin here can say the same thing. I'd rather see Monero work more into their development rather than emotional speeches. monero does work on their development. thats why u see so few of the core team here on bitcointalk. https://github.com/monero-project/bitmonero/commits/master
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aminorex
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Sine secretum non libertas
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March 10, 2016, 02:07:18 PM |
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I think Americanpegasus is playing with investors emotions, looking at he's history he keeps saying Monero now is like BTC in 2011, the thing is every other coin here can say the same thing. I'd rather see Monero work more into their development rather than emotional speeches.
"every other coin here can say the same thing" is playing with investors emotions. Let's break it down, in points of increasing importance, starting with the factitious and culminating in the devastating: 1) Coins do not actually speak, in the literal sense. Once you resort to metaphor, you have already left the domain of full logical rigor. 2) If an entity speaks (taking it that an actual coin, in this hypothetical, or a human spokesperson on behalf of a coin, does in fact speak), that does not imply the truth of the utterance. Inferring that it does is simply false. Since the statement is obviously either logically meaningless or intrinsically false in its implications, it cannot convey factual information without delusion. 3) More importantly, if a coin makes this claim, the validity of the claim is not independent of the facts on the ground. If the claim is less valid, it is, in your terms, playing on investors emotions. If the claim is more valid, it is providing important information. 4) The analogy between early XMR and early BTC is not yet subject to a unitary provable metric, but it is subject to metrics. It is the clearly expressed opinion of a large number of objectively superior authorities that, in the metrics they apply, the positioning of XMR is much more closely analogous to the early positioning of BTC than is the positioning of most, if not all, other cryptographic tokens. This is known as expert testimony, and is admissible in court. It has probabilistic evidentiary value. As to the specific features of the analogy, I am not going to spoon-feed you that. Do your own diligence. I just didn't want a smear (intentional or unintentional) to stand unchallenged on logical and factual grounds. Let it suffice that the majority of coins here are copies, rip-offs, scams, fakes, while neither BTC nor XMR are designed to take your money by deceit and slight-of-hand. That is a complex claim, and breaking it down in a logical fashion is a huge task, but it is also pretty obviously true, to anyone with experience in this space, and if they tell you otherwise, they are almost certainly either trying to take your money, or to justify their own gullibility and loss.
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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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Dotto
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No maps for these territories
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March 10, 2016, 02:25:14 PM |
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For first time in history, the european central bank has put a 0.0% of interest for the money.
I guess it mean that the printing machine is going full throttle = crypto going up, no?
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jwinterm
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March 10, 2016, 02:42:25 PM |
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...
I think Americanpegasus is playing with investors emotions, looking at he's history he keeps saying Monero now is like BTC in 2011, the thing is every other coin here can say the same thing. I'd rather see Monero work more into their development rather than emotional speeches.
Afaik AP couldn't code his way into greeting a planet. He's a hypeman; it's what he does. Maybe someone should add him to this list and get him a giant clock necklace: https://en.wikipedia.org/wiki/Hype_man
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dnaleor
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Want privacy? Use Monero!
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March 10, 2016, 04:35:32 PM |
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Early XMR data (OTC and the cryptonote exchnage) now added to bit.ly/xmrcharts
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iCEBREAKER
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Activity: 2156
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Crypto is the separation of Power and State.
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March 10, 2016, 04:40:22 PM |
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Finally jumped through all the hoops and dotted all the i's at kraken to get my account funded there, so I added my request for XMR-USD and XMR-XBT pairs. With enough noise, eventually we can make it happen. Then watch out!
Good job! Kraken needs Monero more than Monero needs Kraken. But it's to the advantage of both to get a XMR-USD market blowing up, and in the process make CoinBase obsolete.
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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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