cryptimus prime
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October 19, 2016, 06:35:45 PM |
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Just one more retard Parody is clearly a form of humor you're not familiar with. Wait, he is very good in photoshopping, after he faked the amount of his poloniex account and faked DNM forum posts the next will be a house on water. It is a pity when people are so hungry for acceptance, they do everything for it. And then the self assurements and monologs "Yes I am the winner, they are jealous, yes...yes."
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Dafar
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dafar consulting
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October 19, 2016, 06:47:08 PM |
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Ask yourself one very important question: When the GUI is out, which reason do all those DNM users have to use BTC over XMR?
volatility You never heard about hedging? Not sure what you mean, if I hold 50XMR in my DNM wallet today I can buy 20 xtc pills and next week maybe only 10? That's not very convenient when on the other hand bitcoin is relatively stable I also created an account in alphabay and dream marketplace, it seems like those DNM sites take BTC though mixers by default so they are hard to trace.. not sure why XMR is needed. But it does make me feel more at ease I guess. Also, I think XMR will eventually recover but we are in for a bear market that will probably last a few months. I admire that you are the only person here who is still keeping up the bullish sentiment.
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TrueCryptonaire
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October 19, 2016, 06:57:38 PM |
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Ask yourself one very important question: When the GUI is out, which reason do all those DNM users have to use BTC over XMR?
volatility You never heard about hedging? Not sure what you mean, if I hold 50XMR in my DNM wallet today I can buy 20 xtc pills and next week maybe only 10? That's not very convenient when on the other hand bitcoin is relatively stable I also created an account in alphabay and dream marketplace, it seems like those DNM sites take BTC though mixers by default so they are hard to trace.. not sure why XMR is needed. But it does make me feel more at ease I guess. Also, I think XMR will eventually recover but we are in for a bear market that will probably last a few months. I admire that you are the only person here who is still keeping up the bullish sentiment. How come it is in the bear market? What did I miss? I thought Monero is still much higher than it was just a couple months ago and it even didn't touch the previous trading range. Junkies probably will not hold the coins that long, but the hedging is needed more for the vendors who have their coins locked into the accounts of esrows. Hedging is easy to execute: if you get a payment of 100 XMR escrowed, then immediately open a short position of 100 XMR. When the escrowed money is released to the vendor, then close the short position. The additional cost is most likely less than 1 % but it makes the selling risk-free in terms of forex fluctuations. That sort of hedging is a standard in any industry that is dealing with volatile markets such as raw materials.
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N-rG
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October 19, 2016, 06:59:16 PM |
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I don`t think XMR is so dependent on what BTC does. Monero has a highly interesting, game changing technology which is developed further and probably faster now as more funds are available. The community growth during the last weeks is huge. A healthy community is gold worth.
If one coin does deserve a 1 Billion market cap, its XMR. This quantity of media attention will attract more serious buyers. My bet is that the XMR price will tend to 50 USD till end of this year already.
It is funny to read how many guys hope XMR price will go down and also the usual trollbox-spam which one can`t take serious fully. Taken the current use and coming demand for XMR, technological development (GUI, Kovri, Ring CT), massive media exposure and community growth...why honestly should anybody sell it now? In order to do what, to buy it for 7 USD? Or 6 USD? How realistic is it that a coin with such potential like XMR is sold under 8 USD? It`s a joke. Everybody wants it. Thats fine, they can, but not for cheap.Roger Ver is substantially invested in XMR. I guess his connections can mean a lot (Bloomberg Interview with him). It is simply great to have such one Bitcoin evangelist and investor on board of Monero. Ver says he sees the Monero price around 50 to 100 USD in the months to come. The guys begging one to sell are seeing this too I guess. Hehe what do you think where your money moved to? Disappeared xD? Following your post history you lost a lot of money Must be frustrating....live goes on buddy
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BitcoinNewsMagazine
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October 19, 2016, 07:09:20 PM |
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Ask yourself one very important question: When the GUI is out, which reason do all those DNM users have to use BTC over XMR?
volatility You never heard about hedging? Not sure what you mean, if I hold 50XMR in my DNM wallet today I can buy 20 xtc pills and next week maybe only 10? That's not very convenient when on the other hand bitcoin is relatively stable I also created an account in alphabay and dream marketplace, it seems like those DNM sites take BTC though mixers by default so they are hard to trace.. not sure why XMR is needed. But it does make me feel more at ease I guess. Also, I think XMR will eventually recover but we are in for a bear market that will probably last a few months. I admire that you are the only person here who is still keeping up the bullish sentiment. How come it is in the bear market? What did I miss? I thought Monero is still much higher than it was just a couple months ago and it even didn't touch the previous trading range. Junkies probably will not hold the coins that long, but the hedging is needed more for the vendors who have their coins locked into the accounts of esrows. Hedging is easy to execute: if you get a payment of 100 XMR escrowed, then immediately open a short position of 100 XMR. When the escrowed money is released to the vendor, then close the short position. The additional cost is most likely less than 1 % but it makes the selling risk-free in terms of forex fluctuations. That sort of hedging is a standard in any industry that is dealing with volatile markets such as raw materials. Expecting a DNM vendor to hedge Monero held in escrow is not realistic. Rather I think they will just accept bitcoin only as long as Monero price is volatile. A quiet period of price stability around .01 for a few months, maybe trading range .09 - 1.2 would be welcome. That would calm fears of a bear market, increase confidence and set the stage for an uptrend in 2017.
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moneyLooser
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October 19, 2016, 07:11:16 PM |
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@nrg could you please reply to my pm
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cryptimus prime
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October 19, 2016, 07:16:42 PM |
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Following your post history you lost a lot of money Must be frustrating....live goes on buddy I have not lost even a single cent on XMR, still in heavy plus. Smart guys don`t sit the whole day in front of photoshop boy and write novels on forums, they adopt early, you can`t match that even with good trading skills. Trading skills you don`t have, as you called 0.007 before XMR went up above 0.01. Gratulations. But life goes on. Ups pressed ignore.
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TrueCryptonaire
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October 19, 2016, 07:17:24 PM |
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Ask yourself one very important question: When the GUI is out, which reason do all those DNM users have to use BTC over XMR?
volatility You never heard about hedging? Not sure what you mean, if I hold 50XMR in my DNM wallet today I can buy 20 xtc pills and next week maybe only 10? That's not very convenient when on the other hand bitcoin is relatively stable I also created an account in alphabay and dream marketplace, it seems like those DNM sites take BTC though mixers by default so they are hard to trace.. not sure why XMR is needed. But it does make me feel more at ease I guess. Also, I think XMR will eventually recover but we are in for a bear market that will probably last a few months. I admire that you are the only person here who is still keeping up the bullish sentiment. How come it is in the bear market? What did I miss? I thought Monero is still much higher than it was just a couple months ago and it even didn't touch the previous trading range. Junkies probably will not hold the coins that long, but the hedging is needed more for the vendors who have their coins locked into the accounts of esrows. Hedging is easy to execute: if you get a payment of 100 XMR escrowed, then immediately open a short position of 100 XMR. When the escrowed money is released to the vendor, then close the short position. The additional cost is most likely less than 1 % but it makes the selling risk-free in terms of forex fluctuations. That sort of hedging is a standard in any industry that is dealing with volatile markets such as raw materials. Expecting a DNM vendor to hedge Monero held in escrow is not realistic. Rather I think they will just accept bitcoin only as long as Monero price is volatile. A quiet period of price stability around .01 for a few months, maybe trading range .09 - 1.2 would be welcome. That would calm fears of a bear market, increase confidence and set the stage for an uptrend in 2017. In my books Monero is still in the bull market/cooling period. Bear market would recommend to go below the ultimate support which is 0.001 btc and I do not consider it realistic ceteris paribus.
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cryptimus prime
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October 19, 2016, 07:26:08 PM |
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In my books Monero is still in the bull market/cooling period.
Already good old Charles Dow has classified this retracement like Monero did now more then 100 years ago. Rise on high volume, classical low volume correction which can go to 2/3 down of the ATH. But long term still bullish.
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N-rG
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October 19, 2016, 07:39:42 PM |
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Following your post history you lost a lot of money Must be frustrating....live goes on buddy Ups pressed ignore. The truth of someones own failure hits most right? You'll notice in silent how sad you are that you still read this post even that you pressed that. And you'll do so in the future Welcome to the club of the type of people who intented to leave this board but are still posting here
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novag
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October 19, 2016, 07:42:30 PM |
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Good tendency is that the number of sellers of coins falling and growing number of buyers, people have realized the value of the coins and do not sell cheap, not including speculators and Shorter.
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Donate for the support of a new Martial arts Style - Aikivindo = Aikido + Wing-Chun (in Ukraine) 5168757318423326 PrivatBank. http://aikivindo.com.uaBTC:1DpRaQjdVmrkSopRV8p9RdwvBMWNA9faCS
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N-rG
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October 19, 2016, 07:49:14 PM |
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@nrg could you please reply to my pm no
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cryptimus prime
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October 19, 2016, 08:06:21 PM |
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@cryptimus prime could you please reply to my pm No sorry Cryptimus I am too important. ------------------------------------------------------------------------ Jokes aside, there are several technical aspects which indicate upward movement for XMR. Also some nice bullish divergence on the 1-day MACD.
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smoothie
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LEALANA Bitcoin Grim Reaper
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October 19, 2016, 08:13:52 PM |
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I see the risk/reward ratio to be better in XMR then in BTC, a rally of 10-15% is not that impressive. I made 15% in just a day today with XMR. So BTC is not that impressive.
Interesting news, the European Central Bank wants to control or curb the development of virtual currencies. Perhaps they can control Bitcoin better but not XMR.
Not surprising so a central bank wants a monopoly on money, no surprise there.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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bitebits
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Flippin' burgers since 1163.
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October 19, 2016, 08:23:18 PM Last edit: October 19, 2016, 08:38:37 PM by bitebits |
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my portfolio of altcoins [...] BTC and XMR [...] but also ETH/ETC, MAIDSAFE, some DASH [...] FACTOM, SIACOIN and some POTCOIN [...] Wonder if anyone here has any others that they think merit inclusion in a well-rounded portfolio?
Stocks, bonds, gold, fiat, real estate for example? IMHO you are just fooling yourself diversifying / hedging etc into a high number of alt coins to not 'miss the moon shot'. In the end it is all very much the same. Monero being one of the very few that actually maybe can be considered as a hedge against Bitcoin, mainly because being more fungible.
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- You can figure out what will happen, not when /Warren Buffett - Pay any Bitcoin address privately with a little help of Monero.
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nioc
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October 19, 2016, 08:29:16 PM |
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Expecting a DNM vendor to hedge Monero held in escrow is not realistic. Rather I think they will just accept bitcoin only as long as Monero price is volatile. A quiet period of price stability around .01 for a few months, maybe trading range .09 - 1.2 would be welcome. That would calm fears of a bear market, increase confidence and set the stage for an uptrend in 2017.
Yes I would welcome a trading range of .09 - 1.2 So you think some stability will lead to adoption? Would adoption lead to volatility as it did last time?
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KeyJockey
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October 19, 2016, 09:00:28 PM |
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my portfolio of altcoins [...] BTC and XMR [...] but also ETH/ETC, MAIDSAFE, some DASH [...] FACTOM, SIACOIN and some POTCOIN [...] Wonder if anyone here has any others that they think merit inclusion in a well-rounded portfolio?
Stocks, bonds, gold, fiat, real estate for example? IMHO you are just fooling yourself diversifying / hedging etc into a high number of alt coins to not 'miss the moon shot'. In the end it is all very much the same. Monero being one of the very few that actually maybe can be considered as a hedge against Bitcoin, mainly because being more fungible. Thanks for the reply... but yeah my example was meant ONLY as "crypto" portfolio, obviously it's not ALL my money (I'm not that crazy LOL) And, yes, it's over 80% BTC and XMR, only the rest 20%-ish in all these others, mainly on the strength of stuff like MaidSafe which I don't really even consider exclusively a 'cryptocurrency' play: SafeCoins will have no blockchain and IF those guys can pull off what they're trying to do, i.e. completely re-engineer the entire architecture of the basic Internet to make it decentralized and server-less... then frankly THAT would possibly change the world even more than just bitcoin alone. The SIAcoin play is a little hedge on MAID too, since those guys are slightly less ambitious and not quite trying to take on SO MUCH as the MaidSafe project. So, really, FWIW these are not exactly "hedges" but just almost like totally separate investments in very interesting and possibly world-changing new tech. Only the BTC/XMR was originally intended as a "hedge" on BTC possibly failing but the more I think about it, the more it seems like it's possible they will BOTH succeed together, addressing different needs and niches *but* IMHO with XMR being vastly more valuable than today... maybe even worth MORE than Bitcoin on a per-coin basis, in the long run. Interesting times, indeed, we live in...
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- 1KeyJKVWVxdavKTetDJpQWdUaota5jbtX6 -
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Febo
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October 19, 2016, 09:20:00 PM |
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...
Also, I think XMR will eventually recover but we are in for a bear market that will probably last a few months. I admire that you are the only person here who is still keeping up the bullish sentiment. I am sure he is not only one who is bullish here. There are plenty that called bottom. I personally am neither. What I am sure is that it is totally impossible that rate with which price decreased last month is impossible to continue.
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BitcoinNewsMagazine
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October 20, 2016, 01:04:52 AM |
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Expecting a DNM vendor to hedge Monero held in escrow is not realistic. Rather I think they will just accept bitcoin only as long as Monero price is volatile. A quiet period of price stability around .01 for a few months, maybe trading range .09 - 1.2 would be welcome. That would calm fears of a bear market, increase confidence and set the stage for an uptrend in 2017.
Yes I would welcome a trading range of .09 - 1.2 So you think some stability will lead to adoption? Would adoption lead to volatility as it did last time? I have never seen proof that Monero is used to a significant extent yet on DNMs. The speculative bubble starting in August was just that, speculation that Monero would be commonly used along with Bitcoin on the DNMs. And the bubble burst but Monero is still trading 4X the price in July. There does seem to be solid buy support below .01 and Monero is on every trader's radar now.
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