aerbax
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August 14, 2016, 07:10:13 PM |
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phishead
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August 14, 2016, 08:10:50 PM |
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Wouldn't HF5 be on Setpember 2017? ... I just thought it was going to be a bi-annual type of thing?
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americanpegasus
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August 14, 2016, 09:00:19 PM |
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MRW Monero price actually starts going up these days.
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Account is back under control of the real AmericanPegasus.
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megadeth
Sr. Member
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Activity: 289
Merit: 252
bagholder since 2013
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August 14, 2016, 09:15:13 PM |
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The XMR market in the process of pricing in: 1) RingCT PR 2) Upcoming GUI 3) Dashhole rally 4) All of the above
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bagholder since 2013 My sig space is not for sale.
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explorer
Legendary
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Activity: 2016
Merit: 1259
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August 14, 2016, 09:19:10 PM |
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Regardless of any viewpoints on DASH, historically just about every major XMR rally is preceded by a DASH rally, usually by a few weeks. This is my observation, perhaps its merely coincidence but you decide. I'll be interested to see what happens this time.
Dash valuation is getting absurd. Short soon, in time to load up XMR? FOMO!
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Hueristic
Legendary
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Activity: 3962
Merit: 5383
Doomed to see the future and unable to prevent it
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August 14, 2016, 10:28:10 PM |
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MRW Monero price actually starts going up these days. I don't know but I just have this feeling that there is a shoe that hasn't dropped. Regardless of any viewpoints on DASH, historically just about every major XMR rally is preceded by a DASH rally, usually by a few weeks. This is my observation, perhaps its merely coincidence but you decide. I'll be interested to see what happens this time.
Dash valuation is getting absurd. Short soon, in time to load up XMR? FOMO! New whale I guess? Who's taking bets on when the dump hits?
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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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explorer
Legendary
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Activity: 2016
Merit: 1259
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August 14, 2016, 10:35:05 PM |
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Ba-BAM! up we go!
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dEBRUYNE
Legendary
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Activity: 2268
Merit: 1141
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August 15, 2016, 12:12:38 AM |
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1030
Sine secretum non libertas
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August 15, 2016, 01:01:08 AM |
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Higher highs and higher lows since the end of May. Btcusd should continue down for 4 to 8 weeks, so I expect XMR safe haven trade to continue that long. I am short btcusd myself, since Saturday.
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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
Legendary
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Activity: 1092
Merit: 1000
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August 15, 2016, 03:39:57 AM |
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MRW Monero price actually starts going up these days. I don't know but I just have this feeling that there is a shoe that hasn't dropped. Regardless of any viewpoints on DASH, historically just about every major XMR rally is preceded by a DASH rally, usually by a few weeks. This is my observation, perhaps its merely coincidence but you decide. I'll be interested to see what happens this time.
Dash valuation is getting absurd. Short soon, in time to load up XMR? FOMO! New whale I guess? Who's taking bets on when the dump hits?Might be also due to good PR XMR is getting. https://www.youtube.com/watch?v=i1q3rYJHqDE
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aminorex
Legendary
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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August 15, 2016, 12:36:00 PM |
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Seems like supply is getting very tight again. This can keep running. Especially if dash crashes and the hot money flips into xmr. Probably we can shake out some old monero at 410k though.
Anything past 500k, and I will start dredging the lake, if I run low on supply-side liquidity again. If it goes parabolic, though, I will just give up on market making completely, and get ready to catch it on the retracement. If btc keeps dropping, and xmr goes parabolic, that means I bring in usd, and scoop up monero on the downside overshoot.
The worst case scenario is leveling up while my supply side is depleted. (Actual drops below, say, 320k, seem extremely unlikely right now. But I try to be ready for 240k nonetheless.)
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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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nioc
Legendary
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Activity: 1624
Merit: 1008
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August 15, 2016, 03:20:26 PM |
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I am envious you lost them in a lake, mine are in a much worse spot.
410k won't shake loose any of mine but I might sell one at 500k just to see what it feels like. Wait, 500k is just 1/2% of btc. Cheap coins!
I really don't have the opportunity to trade. My last buy was 9 days ago @309 on a dip and was looking for 320 after that but never got it. I had been diversifying into btc this year by not converting all I bought into Monero. Oh well.
As always thanks for your perspective aminorex.
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sandiman
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August 15, 2016, 03:24:58 PM |
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Damn it, applause to the monero whale. This pump (that I would rather call correction looking at the chart) has no volume, no momentum. Monero market makers are just short squeezing everyone (doesn't cost much for the moment), and unfueling their bags at the top of the trading range to all the guys they short squeezed, that are screaming "why the hell I didn't buy" and doing so (including some other fresh blood that is untering the market at the top, as usual). disclaimer: i have no position in monero, but might take my first one in the coming days
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dEBRUYNE
Legendary
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Activity: 2268
Merit: 1141
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August 15, 2016, 03:25:07 PM |
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ArticMine
Legendary
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Activity: 2282
Merit: 1050
Monero Core Team
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August 15, 2016, 03:42:33 PM |
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So Monero & Dash are rallying what gives? I heard about some new controversial things in Bitcoin development. But I don't recall it having anything to do with anonymity or privacy right?
Quoted from the announcement thread. It many not have to do with Bitcoin. It could have something to do with Ethereum and Buterin style transaction reversals. How does one reverse a particular transaction if one cannot tell which transaction to reverse? Edit: Blocksize issues in Bitcoin would not explain a Dash rally since Dash has similar Blocksize issues as Bitcoin. Blocksize issues in Bitcoin could however explain a Monero rally.
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Febo
Legendary
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Activity: 2730
Merit: 1288
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August 15, 2016, 04:06:53 PM |
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@sandiman
Noone is selling and that goes on for weeks. When someone wants to buy 20k XMR market shakes and price rise. In last 24h were 3 such buys. There will be many more next days.
You could call Monero Whale Marketmaker a Ring CT. If you want.
Monero is not Ethereum where are 82 million coins and there will be flood of them in upcoming years. Moneros will be rare.
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sandiman
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August 15, 2016, 04:16:38 PM |
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@sandiman
Noone is selling and that goes on for weeks. When someone wants to buy 20k XMR market shakes and price rise. In last 24h were 3 such buys. There will be many more next days.
You could call Monero Whale Marketmaker a Ring CT. If you want.
Monero is not Ethereum where are 82 million coins and there will be flood of them in upcoming years. Moneros will be rare.
let's talk about it again in few days
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TrueCryptonaire
Legendary
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Activity: 1092
Merit: 1000
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August 15, 2016, 05:04:02 PM |
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In Finland one of the largest banks (Nordea bank) told today they are going to implement negative interest rates on the wealthiest depositors (for deposits over 1 million euros). That could be one target group for Monero community - to sell the opportunity to store large amounts of money in digital form without paying any fees to the third party.
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birr
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August 15, 2016, 05:19:18 PM |
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Maybe rpietila can sell his Finnish homies on that.
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1030
Sine secretum non libertas
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August 15, 2016, 05:29:33 PM |
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In Finland one of the largest banks (Nordea bank) told today they are going to implement negative interest rates on the wealthiest depositors (for deposits over 1 million euros). That could be one target group for Monero community - to sell the opportunity to store large amounts of money in digital form without paying any fees to the third party.
Germany too. The co-op bank in Gmund am Tegernsee announced negative depositor rates last Friday. Residents of Greece are now required to report their cash holdings, to the last Euro. Solution: Private currency.
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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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