dEBRUYNE
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Activity: 2268
Merit: 1141
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November 05, 2016, 12:09:17 PM |
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Fully funded. Thanks to everyone who donated! |
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KeyJockey
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November 05, 2016, 02:12:02 PM
Last edit: November 05, 2016, 02:59:35 PM by KeyJockey |
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Yes, interesting BUT seems to me like this guy is deliberately leaving MONERO out of his analysis. Wonder why... If somebody bought XMR two years ago for about $0.70 seventy cents each when bitcoin average was about $500 each, and now bitcoin is about $700 but Monero spiked up over $12 and has now fallen back to about $5 five bucks range...? Well, that’s XMR doubling FOUR times in the interim and settling down to "only" having doubled TWO or THREE times (0.70 to 1.40 to 2.80 to about $5.60-ish). If Bitcoin had done the same we'd have seen it hit about $8000 and settle back to $2500 today. Not sure how that doesn't count as "outperform" in his analysis…  P.S. {Edit} I copied this post from a comment on his site, which he's now replied to saying that XMR didn't qualify due to not being over $5 Million market cap long enough or something like that. But other alts like MAID made this cut? Hm, srsly? Seems to me like some sketchy pick and choosing of the data set, what's that they say about "Liars, Damn Liars, and Statisticians...?" LOL |
- 1KeyJKVWVxdavKTetDJpQWdUaota5jbtX6 -
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bobabouey2
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November 05, 2016, 02:55:19 PM |
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Did he not even know what he signed up for as trusted person? Unbelievable. This Zcash is truly a total
corporate scam. He should resign immediately rather than write disclaimers, which most people do not
read, just see his name. Once zcash goes down, he and others will also go down. Gavin is already down
the drain for earlier actions.
He has nothing to resign from, his participation in the magic ceremony was a one-time event. Zooko et al were clearly trying to show they were so confident in their process that they could invite someone like Todd who would speak freely. They may come to regret that, but the alternative, only having friendly people, would have its own problems. |
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saddambitcoin
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Activity: 1610
Merit: 1004
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November 05, 2016, 09:06:34 PM |
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Yes, interesting BUT seems to me like this guy is deliberately leaving MONERO out of his analysis. Wonder why... If somebody bought XMR two years ago for about $0.70 seventy cents each when bitcoin average was about $500 each, and now bitcoin is about $700 but Monero spiked up over $12 and has now fallen back to about $5 five bucks range...? Well, that’s XMR doubling FOUR times in the interim and settling down to "only" having doubled TWO or THREE times (0.70 to 1.40 to 2.80 to about $5.60-ish). If Bitcoin had done the same we'd have seen it hit about $8000 and settle back to $2500 today. Not sure how that doesn't count as "outperform" in his analysis… P.S. {Edit} I copied this post from a comment on his site, which he's now replied to saying that XMR didn't qualify due to not being over $5 Million market cap long enough or something like that. But other alts like MAID made this cut? Hm, srsly? Seems to me like some sketchy pick and choosing of the data set, what's that they say about "Liars, Damn Liars, and Statisticians...?" LOL He seems to have something against XMR or is just a BTC maximalist: https://twitter.com/dangermouse117/status/793075939483668482But cool charts anyway. I think if XMR was added to the 2014 data set, you'd see some even better results vs BTC. |
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bitebits
Legendary
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Activity: 2317
Merit: 3791
Flippin' burgers since 1163.
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November 05, 2016, 09:37:18 PM |
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@Saddam @KeyJockey
How do you know Monero is excluded from the data set / which coins are included?
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You can figure out what will happen, not when /Warren Buffett
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ArticMine
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Activity: 2282
Merit: 1056
Monero Core Team
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November 05, 2016, 10:44:34 PM |
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@Saddam @KeyJockey
How do you know Monero is excluded from the data set / which coins are included?
I doubt Monero has been excluded, but by any objective analysis of the data Monero would be an outlier. He is also comparing Bitcoin trading starting in 2010 after 1 year of hyper inflation with alt-coin trading starting right after alt-coins are release. In the case of Monero the hyper inflation of the first year is included in the analysis; while this was not included in the Bitcoin case A more apt comparison would be to wait 6 - 9 months to start measuring trading data. |
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Shiroslullaby
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November 05, 2016, 10:56:13 PM |
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I do wish there was a list of coins used for the data graphs, although I'm sure someone could pull up a list of coins and their release dates. And I would totally buy a print of "shit runs downhill". Reminds me of a Jackson Pollock painting. |
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KeyJockey
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November 06, 2016, 12:04:37 AM |
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@Saddam @KeyJockey
How do you know Monero is excluded from the data set / which coins are included?
In this article: http://woobull.com/data-visualisation-alt-coins-that-achieved-5m-market-cap-vs-bitcoin/ He directly states: The coins plotted are: XRP, LTC, OMNI, NXT, PPC, NMC, QRK, DOGE, XPY, BTS, AUR, DASH, MAID, XCP, XLM, BLK, ETH and BCN
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- 1KeyJKVWVxdavKTetDJpQWdUaota5jbtX6 -
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saddambitcoin
Legendary
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Activity: 1610
Merit: 1004
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November 06, 2016, 01:41:23 AM |
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@Saddam @KeyJockey
How do you know Monero is excluded from the data set / which coins are included?
In this article: http://woobull.com/data-visualisation-alt-coins-that-achieved-5m-market-cap-vs-bitcoin/ He directly states: The coins plotted are: XRP, LTC, OMNI, NXT, PPC, NMC, QRK, DOGE, XPY, BTS, AUR, DASH, MAID, XCP, XLM, BLK, ETH and BCN
In the comments from that blog post, he explains that XMR was not included because it does not have a 365 day marketcap average above $5m. This appears to be true (times change quickly), although XMR has been above $5m every single day of 2016. |
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cAPSLOCK
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Activity: 4116
Merit: 6320
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November 06, 2016, 04:38:45 AM |
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Monero volume has dropped quite a bit. Interesting reality... Less interest in it? Calm before storm? What kind of storm?
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DaveyJones
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November 06, 2016, 10:55:04 AM |
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Monero volume has dropped quite a bit. Interesting reality... Less interest in it? Calm before storm? What kind of storm?
IMO it´s been the same for days just without the market dumper dumping today. |
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rpietila
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Activity: 1722
Merit: 1036
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November 06, 2016, 01:15:28 PM |
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I can't fight the feeling that we'll see the capitulation now. Well my gut is not always correct but sometimes it is  |
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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rangedriver
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November 06, 2016, 01:29:38 PM |
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I can't fight the feeling that we'll see the capitulation now. Well my gut is not always correct but sometimes it is It really depends what will happen in the election. If there's chaos in traditional markets, BTC could experience a surge over $800 which would lead to temporary alt evacuation. Interestingly though following the recent BTC dump, Monero was the first and biggest to benefit - a convenient indicator of what might happen after a future BTC bullrun. |
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malekbaba
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Activity: 1526
Merit: 1026
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November 06, 2016, 01:41:39 PM |
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what makes you think that price will increase ? Any new promise?
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CoinCidental
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Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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November 06, 2016, 05:14:33 PM |
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what makes you think that price will increase ? Any new promise?
All the idiots who bought overpriced zec will soon be in a panic to get rid of it..... I think this will happen before the reward increase in 21 days but you never know, it could take 1-3 months to completely saturate that market and put zcash at the level it belongs (~$2 I think lol) |
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malekbaba
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Activity: 1526
Merit: 1026
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November 06, 2016, 05:44:29 PM |
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what makes you think that price will increase ? Any new promise?
All the idiots who bought overpriced zec will soon be in a panic to get rid of it..... I think this will happen before the reward increase in 21 days but you never know, it could take 1-3 months to completely saturate that market and put zcash at the level it belongs (~$2 I think lol) a lot of miners have sold their zec for eth and xmr. they have a lot of xmr. If they sell their share, price may fall. instead of insane zec price fluctuation, is there any cause so that xmr price may climb up ? |
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bitebits
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Activity: 2317
Merit: 3791
Flippin' burgers since 1163.
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November 06, 2016, 06:42:29 PM |
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[...] is there any cause so that xmr price may climb up ?
Demand for a secure, private, untraceable currency. |
You can figure out what will happen, not when /Warren Buffett
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medusa13
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Activity: 453
Merit: 500
hello world
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November 06, 2016, 06:44:58 PM
Last edit: November 06, 2016, 07:12:27 PM by medusa13 |
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capitulation is near yes. at least for the guy who still has 20k coins borrowed from me  the market maker cthulu bearwhale took allready 2 blue eyes when pushing for sub 600k agressively. on the last attack against his fake wall of asks he kept it there, knowing that if he pulls, all would be over. im pretty sure next time he tries to push down we will have a decision. either he gets what he wants, or the group of small and motivated bullwhales (together probably equally or even more powerfull than him) wins. if there is positive news, an attack on his fake asks can happen quickly. If he gets caught on the wrong foot by this we will definetely get the explosion we need to leave this bearmarket. also xmr seems to follow potcoin pattern  |
XMR Monero
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Hueristic
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Activity: 4284
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Doomed to see the future and unable to prevent it
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November 06, 2016, 11:55:07 PM |
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capitulation is near yes. at least for the guy who still has 20k coins borrowed from me the market maker cthulu bearwhale took allready 2 blue eyes when pushing for sub 600k agressively. on the last attack against his fake wall of asks he kept it there, knowing that if he pulls, all would be over. im pretty sure next time he tries to push down we will have a decision. either he gets what he wants, or the group of small and motivated bullwhales (together probably equally or even more powerfull than him) wins. if there is positive news, an attack on his fake asks can happen quickly. If he gets caught on the wrong foot by this we will definetely get the explosion we need to leave this bearmarket. also xmr seems to follow potcoin pattern That prick made my long get called. Was supposed to get called at .0052 but got called at .0061 for who the hell knows what reason? I think their algo fucked me. Luckily it was only 26xmr. |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Luxo
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Activity: 46
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November 07, 2016, 01:24:44 AM |
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Since the past few days it seems to be hovering around 0.0065-0.007BTC (possible bottom?) but volume has lowered quite a bit. Not sure what this mean and wonder if it will move upwards or fall to find a new bottom.
Recently there have been some more commits in the official GUI and jaxx wallet could be coming in the next few days. Staying quite optimistic as it seems people do not want to sell it for cheaper.
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