[XMR] Monero Speculation

[Take A Horse To Water]

TrueCryptonaire = N-rG = adolf512

[Hueristic]

I think the price will rise again. I speculate this as although the price has come down, the volume traded has remained steady. And looking at the trends (some basic analysis) the price has fluctuated sideways and comes back up immediately after going down. My reason for saying all this is to ask you, whether I am thinking in the right direction. Noobs gotta ask.

OK, right now is a classic shakeout going on. Don't fall for it. But don't buy unless you can handle the floor dropping before a rise.

[N-rG]

TrueCryptonaire = N-rG = adolf512

didnt recently TrueCryptonaire says that N-rG == adolf512  

But ya you got me/us. Putin hired us, we are actually a team, conntected to a sophisticated maschine from north korea that makes us thinking and acting like one collective. The Borg supported Kim Jong Un in development, after he paid with XMR that no one can trace it.

[mfqrs3]

I think the price will rise again. I speculate this as although the price has come down, the volume traded has remained steady. And looking at the trends (some basic analysis) the price has fluctuated sideways and comes back up immediately after going down. My reason for saying all this is to ask you, whether I am thinking in the right direction. Noobs gotta ask.

OK, right now is a classic shakeout going on. Don't fall for it. But don't buy unless you can handle the floor dropping before a rise.

It looks to me like it's preparing for another leg down to 100 or below.

[TrueCryptonaire]

I don't have alter ego (s).

[Take A Horse To Water]

I don't have alter ego (s).

Of course you do.

[TrueCryptonaire]

I don't have alter ego (s).

Of course you do.

Perhaps you are NRG as well... After all you have newbie status.

[Take A Horse To Water]

I don't have alter ego (s).

Of course you do.

Perhaps you are NRG as well... After all you have newbie status.

You know that's not the case.

[TrueCryptonaire]

No I do not know.

[mfqrs3]

Yup!  Its open season on Bears!

It looks like bears hunt hunters

[N-rG]

Just short it on every rise, and you will be fine. Look at the Lending page, when you see large amounts of coins, and low fees, expect dump.

until that time it doesn't come back down....

Ya at this stage its probably better to just possess the coins. They can drop in price, okay. Doesn't matter cause -for me- 100 is a price, this coin can and will always reach

"100" is without a problem

I meant if it will drop hard again below 100 than it will return to 100 anyway

[Darker45]

As a newbie in crypto especially in crypto trading it's a bit dissapointing I didn't buy enough xmr when its price was at 0.010 when I had the opportunity few days ago.

[Bobo81]

As a newbie in crypto especially in crypto trading it's a bit dissapointing I didn't buy enough xmr when its price was at 0.010 when I had the opportunity few days ago.

I think you will have this opportunity sooner as expected!

[N-rG]

As a newbie in crypto especially in crypto trading it's a bit dissapointing I didn't buy enough xmr when its price was at 0.010 when I had the opportunity few days ago.

I think you will have this opportunity sooner as expected!

Hope so but who knows...maybe the 110 is the new 100

[Hueristic]

As a newbie in crypto especially in crypto trading it's a bit dissapointing I didn't buy enough xmr when its price was at 0.010 when I had the opportunity few days ago.

Yup, this is all I have to play with.

Code:

2016-10-10 16:58:21	Buy	0.01117601	4.19240319	0.04685433
2016-10-10 16:42:10	Buy	0.01149990	5.94628419	0.06838167
2016-10-09 23:55:11	Sell	0.01222499	9.44042626	0.11540911

But starting with dust and adding some sig funds I'll keep building (or lose it all in one big whale move LOL).

[adolf512]

OK, right now is a classic shakeout going on. Don't fall for it. But don't buy unless you can handle the floor dropping before a rise.

trading is more of a mind-game than analyzing, you have to keep your cold, it's too late to sell now, you have to baghold, maybe buy some more if you can afford it(good opportunity). I see that shorters has returned another 100xmr too be now, this saved their asses

I see buy-orders pining up now, a lot of people are taking this(possibly last) chance to get some cheap xmr, i could have increased my holdings by selling above 0.012 earlier but i don't like to sell cheap in order to buy even cheaper later.

[N-rG]

Checked DNM again:

From 04.10.2016

Setting:

Stimulants - Speed
Level 5 - 10

Monero: 39
Bitcoin: 405

= 9,62%

XTC - Pills
Level 6 - 10

Monero: 40
BTC: 450

= 8,88%

I checked again:

Stimulants - Speed (3976 total offers)
Level 5 - 10

XMR: 32
BTC: 411

= 7,78%

XTC - Pills (11860 total offers)
Level 6 - 10

BTC: 465
XMR: 47

= 10,10%

So we have -1,84% at speed and plus +1,22% at XTC Pills.

Considering that the Pill part is 3 times as big as the speed part we have a positive development.

Moreover new community qoutes from Alphabay (im lazy to make all the time screenshots, look for yourself if you doubt):

   My other products i offer are fentanyl lollipops 1.7mg & 3mg of fent per lollipop Fentanyl blotters 100$ for 100 500ug/mcg hits and right now it's alice in the wonderland 100 hit pics of alice standing beside the mushroom looking at the cattipillar smoking hooka real nice blotters came out nice the fent is caked on the pic of the blotter it looks like it laid good
    the lollipops are on sale 7 for 49 usually 10-15 each so big sale there very good.

    oh i almost forgot i am doing 300 dollar ounces with monero only.

    sale goes on until oct-12/wednesday
    

fastpacks2, Oct 9, 2016 at 2:22 AM

   Best way to do it without getting caught is to authorize fake purchases /sales for fake digital services like internet marketing to a person completely unrelated to you, someone who also has a business account and has connections to turn the funds in to monero, BTC or some other cryptocurrency after being tumbled.
    

Ubermensch, Oct 9, 2016 at 5:24 PM

   
    Hello I have $10m worth of jewelry I would like to sell for HALF of at only $5m I am accepting Monero and Bitcoin with Alphabay escrow.
    

Colosseum, Oct 8, 2016 at 11:53 PM

I personally wonder why Monero gets more attention now in their board than at the time the XMR implementation happened and were announced at their community board.

E: I'm curious when i see the chart since last week we had a steady up and down. So I ask myself who are these people who are loosing money with XMR in every day trading? Is someone here who trades with permanent loss?

[owaisted]

thanks Hueristic. Cant baghold  so keeping BTC right now. Its minute price changes is a blessing in itself. Still looking at XMR though. Its movement and suggestions from forum members is helping me on the whole shape of the game.

[smoothie]

Happy Page 1200 

Maybe we will hit 0.012 in the next week ....we will see

[ArticMine]

...

As long as there are other people contributing, why should I do it? And if there is no other people contributing, then why to hold Monero?
That's exactly the argument why I thought it would have been a good idea to fund marketing and development from the block rewards, not from the pockets of bagholders.
I think Darkcoin has that sort of approach and I consider it good for long haul not to be dependent on the generosity of bagholders.

There are at least two very valid reasons why diverting a portion of the block rewards to development or some other project such as marketing is not a good idea at all.

1) Regulatory compliance.

This is the elephant in the room in crypto currency and Monero is one of very few crypto currencies that has avoided some very serious regulatory compliance risks. The critical aspect of this is the guidance that was issued by FinCEN in March of 2013. https://www.fincen.gov/sites/default/files/shared/FIN-2013-G001.pdf. In order for a crypto currency to be compliant while at the same time avoiding the requirement of registration as a Money Services Business, and consequential AML/KNC requirements, the crypto currency must qualify as a "De Centralized Virtual Currency" under the guidance. This means that the block rewards have to go in their entirety to the miners and cannot be diverted for other purposes such as to fund development or marketing. If the block rewards are diverted in such a manner then those who are administering the diverted block rewards would be very likely be considered to be "administrators" or "exchangers" under the guidance, be required to register as MSBs and be subject to AML/KNC reporting requirements among other requirements. Ripple has already been subject to regulatory enforcement over this very issue. While I am not aware, at this time, of any regulatory action over this against Dash, the risk in that case likely remains very high. While this is specific to the United States, the reality is that the United States is at least for the time being, the world leader in financial regulation in particular because of the reserve currency status of the United States dollar.

In summary one needs to keep one's hands out of the till, block rewards, in order to keep the regulator away.

2) Coin Security.

Unlike Bitcoin like coins, in Monero the block rewards are needed in order to maintain the security of the POW. One cannot rely upon transaction fees for this at any point in the future. The reason for this is the adaptive blocksize limit. This by the way is also the reason why the tail emission is so critical to the security of Monero.

In summary one needs to keep one's hands out of the till, block rewards, in order to keep the 51% attacker away.

Edit: I should also point out that even in Bitcoin like coins, fees alone may not be sufficient to secure the coin in the absence of a block reward.