Blazed
Casascius Addict
Legendary
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Activity: 2128
Merit: 1119
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September 07, 2016, 05:15:08 PM |
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That is not good... I am not sure why you guys are happy with XMR being used for shady stuff. I get that is might raise the price a little, but it will hurt the coin long term imo. |
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coinism
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September 07, 2016, 05:19:59 PM |
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That is not good... I am not sure why you guys are happy with XMR being used for shady stuff. I get that is might raise the price a little, but it will hurt the coin long term imo. is that not what happened to bitcoin in the early days until present, being used for shady stuff? did it hurt bitcoin iyo? |
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alphahacktivist
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September 07, 2016, 05:20:27 PM |
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That is not good... I am not sure why you guys are happy with XMR being used for shady stuff. I get that is might raise the price a little, but it will hurt the coin long term imo. i think we are back to 0.01 if we are lucky else its straight down to 0.0038 again |
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owlcatz
Legendary
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Activity: 4144
Merit: 2026
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September 07, 2016, 05:23:47 PM |
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That is not good... I am not sure why you guys are happy with XMR being used for shady stuff. I get that is might raise the price a little, but it will hurt the coin long term imo. i think we are back to 0.01 if we are lucky else its straight down to 0.0038 again Cool.. MOAR cheap coinz!!!  |
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alphahacktivist
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September 07, 2016, 05:28:04 PM |
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That is not good... I am not sure why you guys are happy with XMR being used for shady stuff. I get that is might raise the price a little, but it will hurt the coin long term imo. i think we are back to 0.01 if we are lucky else its straight down to 0.0038 again Cool.. MOAR cheap coinz!!! this weekend will determine a lot of things |
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dEBRUYNE
Legendary
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Activity: 2268
Merit: 1141
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September 07, 2016, 05:28:07 PM
Last edit: September 07, 2016, 05:57:32 PM by dEBRUYNE |
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That is not good... I am not sure why you guys are happy with XMR being used for shady stuff. I get that is might raise the price a little, but it will hurt the coin long term imo. is that not what happened to bitcoin in the early days until present, being used for shady stuff? did it hurt bitcoin iyo? Frankly, one could've expected this to happen. "Criminals" and other people working in grey areas (e.g. porn) are almost always pioneers with respect to new technology. An example is VHS vs Betamax, where porn contributed to VHS prevailing, see: https://skeptics.stackexchange.com/questions/3089/vhs-vs-betamax-how-influential-was-the-pornography-industry-in-the-format-warEDIT: To add, similiarly, cash is also used for a lot of illegal stuff. |
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Hueristic
Legendary
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Activity: 4368
Merit: 6504
Doomed to see the future and unable to prevent it
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September 07, 2016, 05:44:57 PM |
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...... speculation is a bad habit - when reinforced by occasional rewards it is like mental crack....
I hear you! I went on ebay to get rid some some old comics and ended up buying more! DOH Havn't read one in 40+ years!  |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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canth
Legendary
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Activity: 1442
Merit: 1001
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September 07, 2016, 05:49:11 PM |
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That is not good... I am not sure why you guys are happy with XMR being used for shady stuff. I get that is might raise the price a little, but it will hurt the coin long term imo. If your currency doesn't work for shady stuff, it's not fungible currency. And shady stuff for you might be selling credit cards or drugs online. Shady stuff in some countries is just sending an email to a reporter or buying a religious text. If you can't transact privately online, it can be a life or death situation. So yes, we have to be happy that XMR works - for everything. Let law enforcement do their jobs without needing the world's banks to do their work for them. |
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RayX12
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September 07, 2016, 05:50:12 PM |
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Look guys BTC price in China is not going up.... price in USA manipulated or going up due to people buy BTC to support Monero. Or whales buying little more BTC to fuel the frenzy!
2 hr candles on
Bitstamp = 328 BTC
Bitfinex = 527
Polo XMR BTC dump 2 hr candle = 3500 BTC
So you buy a little BTC on Bitstamp to help raise the price and fuel the fear... use it to buy more cheap monero.
MANIPULATION... STOP BUYING BTC ha ha ha
Long Live Monero
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TrueCryptonaire
Legendary
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Activity: 1092
Merit: 1000
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September 07, 2016, 05:55:26 PM |
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Bids approaching 8 k. Epic.
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infofront
Legendary
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Activity: 2688
Merit: 3095
Shitcoin Minimalist
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September 07, 2016, 05:58:28 PM |
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I've been conflicted as to what I believe the whales have been up to. Right now, it looks to me like 2 big whales battling it out.
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RayX12
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September 07, 2016, 06:01:31 PM
Last edit: September 07, 2016, 06:16:51 PM by RayX12 |
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Bids approaching 8 k. Epic.
Mr McScroge what a pleasant surprise.. I have filled my bag with cheap monero. Buy support is at the strongest during the dumps so whales get all the cheap coins people dump and yet prevent the coin from collapsing... what a dirty play on the little guy.. And amazing to see the BTC price go up on tiny usa exchanges with tiny buy volume while China is holding... People on trollbox inflicting panic due to BTC rise etc... Yes BTC will go up but when China says so! Very sleek manipulation taking advantage of the current scenario. |
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TrueCryptonaire
Legendary
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Activity: 1092
Merit: 1000
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September 07, 2016, 06:47:20 PM |
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Bids approaching 8 k. Epic.
Mr McScroge what a pleasant surprise.. I have filled my bag with cheap monero. Buy support is at the strongest during the dumps so whales get all the cheap coins people dump and yet prevent the coin from collapsing... what a dirty play on the little guy.. And amazing to see the BTC price go up on tiny usa exchanges with tiny buy volume while China is holding... People on trollbox inflicting panic due to BTC rise etc... Yes BTC will go up but when China says so! Very sleek manipulation taking advantage of the current scenario. Very smart move to buy now. In my opinion it is always better to have more Moneros than less.  The price doesn't matter. |
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Shiroslullaby
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September 07, 2016, 07:44:50 PM |
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Honestly I feel like Darknet markets will be the first adopters of any good cryptocurrency.
I didn't realize some had started accepting Monero.
I've been looking into it, hopefully I'm not too late to get some and make a little profit...
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Anon136
Legendary
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Activity: 1722
Merit: 1217
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September 07, 2016, 08:38:52 PM |
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Honestly I feel like Darknet markets will be the first adopters of any good cryptocurrency.
I didn't realize some had started accepting Monero.
I've been looking into it, hopefully I'm not too late to get some and make a little profit...
Looks like it might be a little bit of a buying opportunity right this very moment. Could go down from here sure. But you wouldnt be buying at any where near ATH. Something to be said for that. |
Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited? |
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Bemerand
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September 07, 2016, 08:58:44 PM |
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Monero is down almost 12% on Poloniex from yesterday..... any thoughts?
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88.36255237114% of all ICO's are SCAMS
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Shiroslullaby
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September 07, 2016, 09:03:10 PM |
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Well I had $50 of BTC sitting in a random address so I transferred it and bought some Monero. I've already made a cool $1!!! Here's hoping it keeps climbing. |
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owlcatz
Legendary
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Activity: 4144
Merit: 2026
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September 07, 2016, 09:06:44 PM |
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Monero is down almost 12% on Poloniex from yesterday..... any thoughts?
Yes. Ask again tomorrow.  Edit - In all seriousness, I think it's normal. This is not a "Get rich over night or in a week coin" (Well unless you had some serious accumulation going on the past few years. Honestly I feel like Darknet markets will be the first adopters of any good cryptocurrency.
I didn't realize some had started accepting Monero.
I've been looking into it, hopefully I'm not too late to get some and make a little profit...
Looks like it might be a little bit of a buying opportunity right this very moment. Could go down from here sure. But you wouldnt be buying at any where near ATH. Something to be said for that. Yes, this ^^^^ |
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kurious
Legendary
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Activity: 2618
Merit: 1749
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September 07, 2016, 09:07:31 PM |
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Well I had $50 of BTC sitting in a random address so I transferred it and bought some Monero. I've already made a cool $1!!! Here's hoping it keeps climbing. It's not so long ago that $50 would have bought you 200 Monero - but now you are buying at a low - as is the smart money here. Well done. |
我想要火箭和火车
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nioc
Legendary
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Activity: 1624
Merit: 1008
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September 07, 2016, 09:10:27 PM |
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(gents, what happened to buy and hold ) Raises hand. Unfortunately I'm dealing with bigger problems than a ~15% drop from 220  What's up? You were in at .0015 and .0009 IIRC. Not something directly related to the price. Sorry nothing else to say at the moment as it's up in the air. Did you mean to include all those zeros? I've been in at many prices and out at none. |
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