MrGood
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Activity: 125
Merit: 100
Chief Technology Officer, NYC
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August 16, 2016, 02:57:34 PM |
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 Ladies and gentlemen, as we prepare to move beyond 0.004 we may experience a little turbulence. Thankyou for your cooperation. |
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rpietila
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Activity: 1722
Merit: 1036
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August 16, 2016, 02:58:21 PM |
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Trading range has been 95+% from 1.80 to 2.20 USD, for a fairly long while. I doubt it can go as low as 1.80 any longer, though. That would take us all the way back to lows last seen...yesterday...which would be too terrible to contemplate, and hence impossible.
Every time people start to issue such frothy statements and want to believe in them, the end is near. This so reminds me of the situation in Bitcoin in late January 2013 when $16 was breached and therefore a new 1.5 year high was made, beating the Pirate high of previous year, and people believed it could never go to the trading range of $5-$10 again. Remember, just remember what happened and do not get sucked to the hype. |
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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cryptimus prime
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August 16, 2016, 03:11:15 PM |
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Usually I laugh about desperate baghodlers who say stuff like: "Buy the dip" or "cheap XYZ coins now". But this time I have to say it on my own: I hope we have some nice dip and damn I will buy it.  |
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pa
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August 16, 2016, 03:24:31 PM |
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Trading range has been 95+% from 1.80 to 2.20 USD, for a fairly long while. I doubt it can go as low as 1.80 any longer, though. That would take us all the way back to lows last seen...yesterday...which would be too terrible to contemplate, and hence impossible.
Every time people start to issue such frothy statements and want to believe in them, the end is near. This so reminds me of the situation in Bitcoin in late January 2013 when $16 was breached and therefore a new 1.5 year high was made, beating the Pirate high of previous year, and people believed it could never go to the trading range of $5-$10 again. Remember, just remember what happened and do not get sucked to the hype. Great point in general, but in this case I think aminorex intended his remark to be taken ironically. 😉 |
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farfiman
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Activity: 1449
Merit: 1001
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August 16, 2016, 04:04:13 PM |
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Trading range has been 95+% from 1.80 to 2.20 USD, for a fairly long while. I doubt it can go as low as 1.80 any longer, though. That would take us all the way back to lows last seen...yesterday...which would be too terrible to contemplate, and hence impossible.
Every time people start to issue such frothy statements and want to believe in them, the end is near. This so reminds me of the situation in Bitcoin in late January 2013 when $16 was breached and therefore a new 1.5 year high was made, beating the Pirate high of previous year, and people believed it could never go to the trading range of $5-$10 again. Remember, just remember what happened and do not get sucked to the hype. Great point in general, but in this case I think aminorex intended his remark to be taken ironically. 😉 Sarcasticly |
"We are just fools. We insanely believe that we can replace one politician with another and something will really change. The ONLY possible way to achieve change is to change the very system of how government functions. Until we are prepared to do that, suck it up for your future belongs to the madness and corruption of politicians."
Martin Armstrong
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aminorex
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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August 16, 2016, 04:34:56 PM
Last edit: August 16, 2016, 04:45:23 PM by aminorex |
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Yeah, I know sarcasm doesn't come across well on the intertubes. Just the other day I caused a vast imbroglio with an email which incorporated elements of *whimsy*. I mean c'mon -- whimsy? Any political rectitude which can't tolerate whimsy needs a prompt beheading, IMNSHO.
Isn't it ironic? Like a song about irony which illustrates the concept using examples of non-ironical schemas, instead exemplifying concepts such as redundant transport provisions, or the predictive fallibility of meteorological modeling?
Regardless of that (or, literally, irregardless of it, if you prefer) Risto does subtly allude to an important point: I am basically the Joker of finance. I want everyone everywhere to burn all of their fiat by spending it on XMR, stat. I'd like to see all of my fiat devalued to zero ASAP, so that I can just use XMR Everywhere™. Talk about a revolution global reset, that's the one I want first. I think it would save a billion human lives, at least (weighted man-years at 2016 median expectancy). Well, okay, not the Joker. The Prince Mishkin. The Harold Finch. Anyhow, not a fount of common sense. In that regard you get what you paid for.
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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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rangedriver
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August 16, 2016, 05:06:46 PM |
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Isn't it ironic? Like a song about irony which illustrates the concept using examples of non-ironical schemas, instead exemplifying concepts such as redundant transport provisions, or the predictive fallibility of meteorological modeling?
Then again, Sod's Law is a terrible song title, not to mention being a bitch to fit in the chorus. |
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TrueCryptonaire
Legendary
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Activity: 1092
Merit: 1000
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August 16, 2016, 05:14:41 PM |
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Trading range has been 95+% from 1.80 to 2.20 USD, for a fairly long while. I doubt it can go as low as 1.80 any longer, though. That would take us all the way back to lows last seen...yesterday...which would be too terrible to contemplate, and hence impossible.
Every time people start to issue such frothy statements and want to believe in them, the end is near. This so reminds me of the situation in Bitcoin in late January 2013 when $16 was breached and therefore a new 1.5 year high was made, beating the Pirate high of previous year, and people believed it could never go to the trading range of $5-$10 again. Remember, just remember what happened and do not get sucked to the hype. Bitcoin was exceptional and it was very unlikely to take over in the way it did. Therefore, comparisons to bitcoin are probably good sales arguments when you are selling dreams to college kids but I advice not to put your life on those dreams. Monero has a lot of large holders who can dump their coins any time and cause the price drop even permanently. Bear in mind, if you invest in your money into XMR you are putting your life in the hands of Monero whales who can wipe your savings away any time. If you are willing to take this risk, then by all means, buy some coins after large rise. My advice is to buy low when Aminorex is not too bullish. |
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aminorex
Legendary
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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August 16, 2016, 05:21:08 PM |
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Every time people start to issue such frothy statements and want to believe in them, the end is near.
Well, maybe not every time. This time, BTCUSD is about to go down. Which means XMRBTC is about to go up, intraday. And day-on-day as well. And likely week-on-week too. I really think 537 is a very conservative target for BTCUSD on this swing, and XMR 418k is pretty darn likely, avant le grand retour. The inverse correlation of BTC and XMR is pretty strong, lo, the past year or so. |
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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rpietila
Donator
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Activity: 1722
Merit: 1036
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August 16, 2016, 05:28:59 PM |
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Trading range has been 95+% from 1.80 to 2.20 USD, for a fairly long while. I doubt it can go as low as 1.80 any longer, though. That would take us all the way back to lows last seen...yesterday...which would be too terrible to contemplate, and hence impossible.
Every time people start to issue such frothy statements and want to believe in them, the end is near. This so reminds me of the situation in Bitcoin in late January 2013 when $16 was breached and therefore a new 1.5 year high was made, beating the Pirate high of previous year, and people believed it could never go to the trading range of $5-$10 again. Remember, just remember what happened and do not get sucked to the hype. Great point in general, but in this case I think aminorex intended his remark to be taken ironically. 😉 Well my attempt seemingly failed  |
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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pa
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August 16, 2016, 05:41:06 PM |
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Trading range has been 95+% from 1.80 to 2.20 USD, for a fairly long while. I doubt it can go as low as 1.80 any longer, though. That would take us all the way back to lows last seen...yesterday...which would be too terrible to contemplate, and hence impossible.
Every time people start to issue such frothy statements and want to believe in them, the end is near. This so reminds me of the situation in Bitcoin in late January 2013 when $16 was breached and therefore a new 1.5 year high was made, beating the Pirate high of previous year, and people believed it could never go to the trading range of $5-$10 again. Remember, just remember what happened and do not get sucked to the hype. Great point in general, but in this case I think aminorex intended his remark to be taken ironically. 😉 Well my attempt seemingly failed Touché! |
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sandiman
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August 16, 2016, 06:34:15 PM |
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Every time people start to issue such frothy statements and want to believe in them, the end is near.
Well, maybe not every time. This time, BTCUSD is about to go down. Which means XMRBTC is about to go up, intraday. And day-on-day as well. And likely week-on-week too. I really think 537 is a very conservative target for BTCUSD on this swing, and XMR 418k is pretty darn likely, avant le grand retour. The inverse correlation of BTC and XMR is pretty strong, lo, the past year or so. sorry to disappoint you but XMR trading range is in form since beginning of 2015, and you know damn well that BTC moved a lot since that time, and well, it didn't impacted our resistance and support  |
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protokol
Legendary
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Activity: 1188
Merit: 1016
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August 16, 2016, 07:24:22 PM |
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Isn't it ironic? Like a song about irony which illustrates the concept using examples of non-ironical schemas, instead exemplifying concepts such as redundant transport provisions, or the predictive fallibility of meteorological modeling?
Then again, Sod's Law is a terrible song title, not to mention being a bitch to fit in the chorus. The abundance of unsuitable culinary equipment... On topic, I'm watching XMR closely at the moment. I feel the infrastructure has got to a point where it's more than just an idea (like the few times the price peaked in the last year or two), and there is actually tangible progress going on. I told myself a year ago that I'd sell my stash for a small profit if it hit 0.004 again. I've changed my mind. |
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americanpegasus
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August 16, 2016, 08:27:32 PM |
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Max cruising altitude of most modern jets is around 42,000 feet.
I remain convinced that max cruising altitude of Monero is 420k satoshi until we see otherwise. :p
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Account is back under control of the real AmericanPegasus.
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phishead
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August 16, 2016, 08:48:11 PM |
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Max cruising altitude of most modern jets spaceships is around 42,000 feet 1,267,200,000 feet. (going to the moon)
I remain convinced that max cruising altitude of Monero is 420k 12,672,000k satoshi until we see otherwise. :p
fixed the errors for you... so looks like we are shooting for the 126.72 BTC area with this price rise! Nice  |
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Febo
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Activity: 2730
Merit: 1288
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August 16, 2016, 09:23:44 PM |
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Max cruising altitude of most modern jets spaceships is around 42,000 feet 1,267,200,000 feet. (going to the moon)
I remain convinced that max cruising altitude of Monero is 420k 12,672,000k satoshi until we see otherwise. :p
fixed the errors for you... so looks like we are shooting for the 126.72 BTC area with this price rise! Nice I was listening last dev meeting few days ago and as if i remeber right it was said we will make a short stop on International Space Station. If my datas are right that is about 1300k feet high, so that mean the price at that time will be only 0.013 BTC |
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TrueCryptonaire
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Activity: 1092
Merit: 1000
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August 17, 2016, 05:55:47 AM |
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sandiman
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August 17, 2016, 08:01:44 AM |
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Yesterday daily candle gave us a reversal candlestick, we'll probably be able to say tonigh (after it verify to be correct or not) if aminorex was wrong (or bluffing).
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birr
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August 17, 2016, 11:03:09 AM |
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I placed a ladder of buy orders on polo's XMR/BTC market at prices from .0035 to .0028.
The size of the orders increases linearly down the ladder. With a small drop in the price I will buy a small amount, with a steep drop the purchase size at each rung grows. The net purchase is a quadratic function of the drop in price, if the price drops.
How would you do it? Make all the orders the same size, so the function is linear?
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