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Author Topic: [XMR] Monero Speculation  (Read 3313051 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
MrGood
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September 16, 2016, 06:01:04 PM
 #22301


Raise.

https://www.youtube.com/watch?v=NSdcG1e9APE
aminorex
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September 16, 2016, 06:02:36 PM
 #22302

really sad for xmr....i had really high expectations its still the better coin but i could imagine that alphabay will soon terminate the acceptance of xmr  Embarrassed

@aminorex

He did it right. Its only 1,8% acceptance. Of course you can make it looking better with different settings but the truth is that the acceptance is decreasing. He looked for the whole acceptance and the site doesnt limit to this number of pages. So 1.8% is correct. Everyone here can prove it by himself

This is a trilemma situation:  Malice, incompetence, or delusion.  You can't pick random numbers and use them as statistical comparables.  You have to sample by the same method for both populations.

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.
RayX12
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September 16, 2016, 06:04:04 PM
Last edit: September 16, 2016, 07:08:11 PM by RayX12
 #22303

[There's no need to use a page cap. The left menu shows the number of sales. You can just search for monero vendors and work out the percentage.

Stimulants:

Total sales: 23347
Monero sales: 425
= 1.82%

That's just wrong.  [Firstly, these are not sales.  These are listings.  Secondly,] you're comparing the result of a search by one process with some unknown reported number.  There's no evidence that this number is comparable, or even accurate, since it can't be mapped to actual listing.  You're comparing apples and oranges.  The page cap is imposed by the site, not by me.  To make a valid sampling you have to sample both populations the same way.  You can slice it to get under the cap (as I did with the use of trust level limits).  I don't know of any other way to sample both populations comparably.

Stimulants, level 9-10, gives 8 XMR listings and 62 BTC listings, or 13% XMR support.
Stimulants, level 7-8, gives 47 XMR listings and 103 BTC listings, or 46% XMR support.

That is a valid comparison.  Your numbers are just a units error, statistically incoherent.

The more interesting numbers would be the sales volumes.  Because if sales volume is increasing, we're golden, and it doen't matter if 13% (the lowest number in evidence) or 46% (the highest number in evidence) of the vendors are supporting XMR.'

Yep, pure FUD, I also checked some listing on my own since those numbers seem very low.

Searched for weed on level 7  and found 13.1% listings using monero
Searched for cocaine on level 7 and found 25% listing using monero

N-rG
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September 16, 2016, 06:09:03 PM
 #22304

[There's no need to use a page cap. The left menu shows the number of sales. You can just search for monero vendors and work out the percentage.

Stimulants:

Total sales: 23347
Monero sales: 425
= 1.82%

That's just wrong.  [Firstly, these are not sales.  These are listings.  Secondly,] you're comparing the result of a search by one process with some unknown reported number.  There's no evidence that this number is comparable, or even accurate, since it can't be mapped to actual listing.  You're comparing apples and oranges.  The page cap is imposed by the site, not by me.  To make a valid sampling you have to sample both populations the same way.  You can slice it to get under the cap (as I did with the use of trust level limits).  I don't know of any other way to sample both populations comparably.

Stimulants, level 9-10, gives 8 XMR listings and 62 BTC listings, or 13% XMR support.
Stimulants, level 7-8, gives 47 XMR listings and 103 BTC listings, or 46% XMR support.

That is a valid comparison.  Your numbers are just a units error, statistically incoherent.

The more interesting numbers would be the sales volumes.  Because if sales volume is increasing, we're golden, and it doen't matter if 13% (the lowest number in evidence) or 46% (the highest number in evidence) of the vendors are supporting XMR.'

Yep I also checked some listing on my own since those numbers seem so low.

Searched for weed on level 7  and found 13.1% listings using monero
Searched for cocaine on level 7 and found 25% listing using monero



Its so funny that people say that you cannot make statistic like this and then do it also like this but in their favour xD Well but we dont have to argue about that. The future will show who is right or not. I wish us all the best Smiley
eid
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September 16, 2016, 06:10:13 PM
 #22305

[There's no need to use a page cap. The left menu shows the number of sales. You can just search for monero vendors and work out the percentage.

Stimulants:

Total sales: 23347
Monero sales: 425
= 1.82%

That's just wrong.  [Firstly, these are not sales.  These are listings.  Secondly,] you're comparing the result of a search by one process with some unknown reported number.  There's no evidence that this number is comparable, or even accurate, since it can't be mapped to actual listing.  You're comparing apples and oranges.  The page cap is imposed by the site, not by me.  To make a valid sampling you have to sample both populations the same way.  You can slice it to get under the cap (as I did with the use of trust level limits).  I don't know of any other way to sample both populations comparably.

Stimulants, level 9-10, gives 8 XMR listings and 62 BTC listings, or 13% XMR support.
Stimulants, level 7-8, gives 47 XMR listings and 103 BTC listings, or 46% XMR support.

That is a valid comparison.  Your numbers are just a units error, statistically incoherent.

The more interesting numbers would be the sales volumes.  Because if sales volume is increasing, we're golden, and it doen't matter if 13% (the lowest number in evidence) or 46% (the highest number in evidence) of the vendors are supporting XMR.'


Firstly, you're correct. I should have used "listings" instead of sales.


You're also correct on my calculations. The number of listings in each category is being reported completely wrong on the left menu. For instance, pressed pills shows 269 listings when there are actually ~60.

My apologies for the mistake everyone.
whap
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September 16, 2016, 06:15:46 PM
 #22306

really sad for xmr....i had really high expectations its still the better coin but i could imagine that alphabay will soon terminate the acceptance of xmr  Embarrassed

@aminorex

He did it right. Its only 1,8% acceptance. Of course you can make it looking better with different settings but the truth is that the acceptance is decreasing. He looked for the whole acceptance and the site doesnt limit to this number of pages. So 1.8% is correct. Everyone here can prove it by himself

It's comon logic, price goes down and the average drug dealer has no incentive to accept Monero. Why? Bc he has absolutely NO clue about the fundamentals, he prolly only read the Mainstream news and that's it. Wait for the bottom to turn in with some weeks of confirmation and watch the acceptance grow. Stop being so short minded plz, i like your critical attitude, but this is pure FUD.
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September 16, 2016, 06:17:47 PM
 #22307

Need to think long term. With the increasing sophistication of blockchain analysis tools I think it is probably inevitable that darknet markets switch from Bitcoin to Monero. Takes time. Even rpietila mentioned a few pages back that he expects price to correct to .01. No big deal, just buy with both hands then.

MrGood
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September 16, 2016, 06:23:01 PM
 #22308


https://www.youtube.com/watch?v=NSdcG1e9APE

Specifically:-

Quote
And ooh, ooh
You're working so hard
You played your card
So what's the payoff?
And ooh, ooh
Big talk is cheap
You gotta go deeper than deep
To get me off
N-rG
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September 16, 2016, 06:24:20 PM
 #22309

really sad for xmr....i had really high expectations its still the better coin but i could imagine that alphabay will soon terminate the acceptance of xmr  Embarrassed

@aminorex

He did it right. Its only 1,8% acceptance. Of course you can make it looking better with different settings but the truth is that the acceptance is decreasing. He looked for the whole acceptance and the site doesnt limit to this number of pages. So 1.8% is correct. Everyone here can prove it by himself

It's comon logic, price goes down and the average drug dealer has no incentive to accept Monero. Why? Bc he has absolutely NO clue about the fundamentals, he prolly only read the Mainstream news and that's it. Wait for the bottom to turn in with some weeks of confirmation and watch the acceptance grow. Stop being so short minded plz, i like your critical attitude, but this is pure FUD.

I totally agree to you. I dont fight against anyone here. I just share my thoughts and for the moment i think for us as a collective that short is better. I mean we are here like ~10 active people. We dont dominate the market so we can help us cause we dont play against each other here.
alphahacktivist
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September 16, 2016, 06:26:05 PM
 #22310

really sad for xmr....i had really high expectations its still the better coin but i could imagine that alphabay will soon terminate the acceptance of xmr  Embarrassed

@aminorex

He did it right. Its only 1,8% acceptance. Of course you can make it looking better with different settings but the truth is that the acceptance is decreasing. He looked for the whole acceptance and the site doesnt limit to this number of pages. So 1.8% is correct. Everyone here can prove it by himself

It's comon logic, price goes down and the average drug dealer has no incentive to accept Monero. Why? Bc he has absolutely NO clue about the fundamentals, he prolly only read the Mainstream news and that's it. Wait for the bottom to turn in with some weeks of confirmation and watch the acceptance grow. Stop being so short minded plz, i like your critical attitude, but this is pure FUD.

I totally agree to you. I dont fight against anyone here. I just share my thoughts and for the moment i think for us as a collective that short is better. I mean we are here like ~10 active people. We dont dominate the market so we can help us cause we dont play against each other here.

HODL

sorry bro
novag
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September 16, 2016, 06:47:27 PM
 #22311

I think possible that the majority believe in the overall drop and then begin a sharp increase, that is not obvious to the majority holders.

Donate for the support of a new Martial arts Style - Aikivindo = Aikido + Wing-Chun (in Ukraine) 5168757318423326 PrivatBank.
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BTC:1DpRaQjdVmrkSopRV8p9RdwvBMWNA9faCS
RayX12
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September 16, 2016, 07:05:16 PM
 #22312

I think possible that the majority believe in the overall drop and then begin a sharp increase, that is not obvious to the majority holders.

A new sell wall has been lurking today and is clear manipulation with the intent to purchase XMR at the lowest price possible.  Fear and fud is near the highest levels and shorts are staying mostly out of this since they also believe that a sharp increase will follow this price depression.
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September 16, 2016, 07:13:08 PM
 #22313

Quote
I totally agree to you. I dont fight against anyone here. I just share my thoughts and for the moment i think for us as a collective that short is better. I mean we are here like ~10 active people. We dont dominate the market so we can help us cause we dont play against each other here.

If you stop "SHarIng your Thoughts" for a while maybe you could finish that 2-day-job java GUI you said you could do.
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September 16, 2016, 08:01:53 PM
 #22314

Yes. I believe the success of XMR depends on its acceptance. Since the acceptance is decreasing and the price is falling for days, i go for short.

In my opinion this is an extremely dangerous time to go short.. but you might look like a genius in a couple weeks... who knows?
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September 16, 2016, 08:07:46 PM
 #22315

Yes. I believe the success of XMR depends on its acceptance. Since the acceptance is decreasing and the price is falling for days, i go for short.

In my opinion this is an extremely dangerous time to go short.. but you might look like a genius in a couple weeks... who knows?

Acceptance is not decreasing, it is just beginning and there is lots of room for growth.
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September 16, 2016, 08:44:45 PM
 #22316

Market Cap.

ETH 1.048.000.000 $
XRP 248.000.000 $
LTC 181.000.000 $
Monero 115.000.000 $


Grow Monero

bobbtc@protonmail.com / Working day and night
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September 16, 2016, 09:39:22 PM
 #22317

Even if Monero's time is not now, it will come. The Bitcoin fungibility issue is not going to go away. All that it will take is the FBI declaring that such-and-such bitcoins have been used in a drug transaction and are now forfeit. Of course the authorities have no way to seize them but this would effectively keep these bitcoins off the exchanges and nobody would want them.

Monero would seem to be the front runner to replace Bitcoin as it does everything Bitcoin does and eliminates the fungibility issue.
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September 16, 2016, 10:16:05 PM
 #22318

Even if Monero's time is not now, it will come. The Bitcoin fungibility issue is not going to go away. All that it will take is the FBI declaring that such-and-such bitcoins have been used in a drug transaction and are now forfeit. Of course the authorities have no way to seize them but this would effectively keep these bitcoins off the exchanges and nobody would want them.

Monero would seem to be the front runner to replace Bitcoin as it does everything Bitcoin does and eliminates the fungibility issue.

Also we have no Blocksize issues :p
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September 17, 2016, 12:57:47 AM
 #22319



Meh, not bad for long term hold



this is why...







it's good....








to wait sometimes...






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September 17, 2016, 01:01:43 AM
 #22320

Did you pull that trigger yet? How low can we go as chuck d says?  Grin

.
I  C  Λ  R  U  S
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