[XMR] Monero Speculation

[Macno]

OK it seems people are uninterested in the Markka (CK) pump.

Is there any way I can help you to make it possible to short it?

Is registering to Crypto Kingdom (takes about 2 minutes) a too big difficulty if you want to make a killing (not!) shorting Markka (it has pumped +1000% in 5 weeks now)?

Why is CK going off the XMR standard?  Doesn't that make Markka fiat, like WoW Gold?

If Eulora can keep using their BTC-based economy, why can't CK stay on XMR?

The main reason that Crypto Kingdom had to go off the XMR standard is that XMR is hard currency. By August of 2016 Crypto Kingdom had built a very large XMR denominated debt in the form of Consul Bonds (CON). This XMR denominated debt was the result of paying for among other things the development of the game. The equity, CK gold was, fixed effectively leaving only XMR denominated debt as the way to raise capital for development and improvement of the game. What had to occur and occurred was a conversion of the XMR denominated debt into equity since it was completely unsustainable. This was a accomplished by converting CON (XMR debt) into CK together with the voting / equity component of the old CK gold also into CK. The latest move is to use CK as the in game currency. The best analogy I could think of would be World of Warcraft or Second Life but where stock in Blizzard Entertainment, instead of WoW gold, or stock in Linden Labs, instead of Linden Dollars, was used as the in game currency.  This makes CK actually very unique since equity in the game itself is used as the in game currency.

My take is that the "CK pump" is to a large degree due to freeing Crypto - Kingdom from its XMR denominated debt albatross. In this way Crypto Kingdom would not be impacted by a crash in DASH/XMR which would likely wipe out a holder of XMR denominated debt.

Edit:  DASH/XMR https://poloniex.com/exchange#xmr_dash

So this was all a joke? Ok, good one, got me, I fell for it.
I thought it was serious because I thought Icey would not have missed the opportunity to make fun of me when I asked him about it.

[explorer]

So this was all a joke? Ok, good one, got me, I fell for it.
I thought it was serious because I thought Icey would not have missed the opportunity to make fun of me when I asked him about it.

Given that the only component I am familiar with is XMR, that is the way I read it.  CON? really?  lol

[Macno]

So this was all a joke? Ok, good one, got me, I fell for it.
I thought it was serious because I thought Icey would not have missed the opportunity to make fun of me when I asked him about it.

Given that the only component I am familiar with is XMR, that is the way I read it.  CON? really?  lol

Well, some people call a brand new crypto PIVX...and Consul Bonds seemed to fit in that very particular Risto mindset...

[Genesis1337]

So this was all a joke? Ok, good one, got me, I fell for it.
I thought it was serious because I thought Icey would not have missed the opportunity to make fun of me when I asked him about it.

Given that the only component I am familiar with is XMR, that is the way I read it.  CON? really?  lol

Well, some people call a brand new crypto PIVX...and Consul Bonds seemed to fit in that very particular Risto mindset...

PIVX is another ponzi scheme pump and dump no?

[Macno]

So this was all a joke? Ok, good one, got me, I fell for it.
I thought it was serious because I thought Icey would not have missed the opportunity to make fun of me when I asked him about it.

Given that the only component I am familiar with is XMR, that is the way I read it.  CON? really?  lol

Well, some people call a brand new crypto PIVX...and Consul Bonds seemed to fit in that very particular Risto mindset...

PIVX is another ponzi scheme pump and dump no?

Don't ask me, I am a "Dashtard", so the worst scum of the universe according to the majority in this thread. I just think that the name is ridiculous and the features a joke, but hey, no instamine, right?

[explorer]

So this was all a joke? Ok, good one, got me, I fell for it.
I thought it was serious because I thought Icey would not have missed the opportunity to make fun of me when I asked him about it.

Given that the only component I am familiar with is XMR, that is the way I read it.  CON? really?  lol

Well, some people call a brand new crypto PIVX...and Consul Bonds seemed to fit in that very particular Risto mindset...

PIVX is another ponzi scheme pump and dump no?

Don't ask me, I am a "Dashtard", so the worst scum of the universe according to the majority in this thread. I just think that the name is ridiculous and the features a joke, but hey, no instamine, right?

Hey, no Name is final.  No Features are final.  Right? 

[Macno]

So this was all a joke? Ok, good one, got me, I fell for it.
I thought it was serious because I thought Icey would not have missed the opportunity to make fun of me when I asked him about it.

Given that the only component I am familiar with is XMR, that is the way I read it.  CON? really?  lol

Well, some people call a brand new crypto PIVX...and Consul Bonds seemed to fit in that very particular Risto mindset...

PIVX is another ponzi scheme pump and dump no?

Don't ask me, I am a "Dashtard", so the worst scum of the universe according to the majority in this thread. I just think that the name is ridiculous and the features a joke, but hey, no instamine, right?

Hey, no Name is final.  No Features are final.  Right? 

Touché! 

[FOMOFish]

I am expecting sub 0.018 on xmr now. All alts need further correction I will buy xmr at sub 0.016-0.017.

Are you a relative of the user Adolf from this forum? Because you remind of him and his huge trading knowledge and long year experience in this field.

0.0179 as expected.

What happened to

I believe monero will correct to 152 -162 over the next week. View the long term chart and we can see that all alts need a strong correction.

The only thing expected is that you will have  a new prediction in 2 days hours.

I shorted 190-193 for 1300 xmr. Yes this hasnt hit 152 and 162 however it did go sub 0.018 as I expected and predicted in the previous post to the one you quoted. I made some btc in 12 hours with this short which was stress free. I have covered 60% of my positions and set a sl in mid 0.018.

Looks like we have a short term reversal. Xmr is holding very well in the midst of the btc recovery. I expect ath 0.023 in the next month.

that would be a ~ 1 month high, not ATH.  ATH is currently 0.0265 from about 7 months ago.  It was due yesterday, but for some unfathomable reason, rangedriver missed the timing.  I know.  I can't believe it either.

I am expecting sub 0.018 on xmr now. All alts need further correction I will buy xmr at sub 0.016-0.017.

[Hueristic]

...
You be's a piece o' work, Huey my man.

Takes practice!

[aminorex]

Speculation:. When BTC forks everyone will be holding  their coins tightly, and transaction traffic will approach nil.  Consequently the only way to actually buy anything on, e.g., alphabay will be using XMR.   XMR valuation may double, triple, quadruple overnight.

[Hueristic]

Speculation:. When BTC forks everyone will be holding  their coins tightly, and transaction traffic will approach nil.  Consequently the only way to actually buy anything on alphabay will be using xmr.   XMR valuation may double, triple, quadruple overnight.

that would be nice to see.

I'm going to gamble if there is a fork and keep BTC and see it the 2 are worth more than the 1 like etc/eth turned out to be. But I have a really small amount so I can afford to take that gamble. I think it's a long shot and XMR increasing at that time has a much higher chance of happening. Pretty much high risk higher upside thing. But who knows I may see a great entry point before then and be 100% XMR at that time.

[ArticMine]

...


So this was all a joke? Ok, good one, got me, I fell for it.
I thought it was serious because I thought Icey would not have missed the opportunity to make fun of me when I asked him about it.

CON (XMR debt) was converted to equity in Crypto Kingdom (CK) in early September 2016. At that time Dash was trading below 1 XMR. Should a similar or more severe crash in DASH/XMR occur in the future Crypto Kingdom will not be adversely impacted at all since it is no longer short XMR.

Dash is currently trading below 3 XMR but still has a quite way to go down if is going to test the September 3, 2016, low of 0.671 XMR.

[explorer]

...


So this was all a joke? Ok, good one, got me, I fell for it.
I thought it was serious because I thought Icey would not have missed the opportunity to make fun of me when I asked him about it.

CON (XMR debt) was converted to equity in Crypto Kingdom (CK) in early September 2016. At that time Dash was trading below 1 XMR. Should a similar or more severe crash in DASH/XMR occur in the future Crypto Kingdom will not be adversely impacted at all since it is no longer short XMR.

Dash is currently trading below 3 XMR but still has a quite way to go down if is going to test the September 3, 2016, low of 0.671 XMR.

I'm still missing how dash is involved.

[ArticMine]

...

I'm still missing how dash is involved.

A falling DASH/XBT or DASH/USD is an indicator that anyone who is short Monero would be wise to pay attention to. Just look for example at what happened in August 2016. First Dash falls then Monero rises. Theoretically one can make a case that the Monero markets are un-correlated to the Dash markets; however there is still a significant amount of emotion on the subject in both the Monero and Dash communities for short term leveraged traders to ignore.

[explorer]

...

I'm still missing how dash is involved.

A falling DASH/XBT or DASH/USD is an indicator that anyone who is short Monero would be wise to pay attention to. Just look for example at what happened in August 2016. First Dash falls then Monero rises. Theoretically one can make a case that the Monero markets are un-correlated to the Dash markets; however there is still a significant amount of emotion on the subject in both the Monero and Dash communities for short term leveraged traders to ignore.

Ahh.  An oft noted correlation.  Thank you for the explanation, I DID take it as an April Fools joke .  Dash is still 3x what it was when my eyebrows started to rise, so there may yet be time for wisdom, if no native affinity, among Monero shorters.

[iCEBREAKER]

...


So this was all a joke? Ok, good one, got me, I fell for it.
I thought it was serious because I thought Icey would not have missed the opportunity to make fun of me when I asked him about it.

CON (XMR debt) was converted to equity in Crypto Kingdom (CK) in early September 2016. At that time Dash was trading below 1 XMR. Should a similar or more severe crash in DASH/XMR occur in the future Crypto Kingdom will not be adversely impacted at all since it is no longer short XMR.

Dash is currently trading below 3 XMR but still has a quite way to go down if is going to test the September 3, 2016, low of 0.671 XMR.

I'm still missing how dash is involved.

In the Kingdom of Crypto, Dash is the village idiot.

[Macno]

...

I'm still missing how dash is involved.

A falling DASH/XBT or DASH/USD is an indicator that anyone who is short Monero would be wise to pay attention to. Just look for example at what happened in August 2016. First Dash falls then Monero rises. Theoretically one can make a case that the Monero markets are un-correlated to the Dash markets; however there is still a significant amount of emotion on the subject in both the Monero and Dash communities for short term leveraged traders to ignore.

Thank you for the explanation. So "CON" exists? Ok. Nice one. Sometimes I wish we had at least one obsessive sociopath on our team to troll you guys, just for the fun of reading the exhanges, but they somehow all ended on your team.
Imho the only "significant amount of emotion" about Monero on the DASH side is that we keep getting stalked by Icey and the likes. Otherwise I really respect and like XMR actually and I appreciate that at least smooth has stopped the harassment (I still think it has something to do with the fact that he witnessed an actual intentional fraudulent launch with Steemit that he does not want to write about for some reason, but what do I know...maybe he will be a guest in some Tone Vays Show to talk about it one day).

Anyway, good luck XMR! See some of you in the DASH ANN again!

[explorer]

...


So this was all a joke? Ok, good one, got me, I fell for it.
I thought it was serious because I thought Icey would not have missed the opportunity to make fun of me when I asked him about it.

CON (XMR debt) was converted to equity in Crypto Kingdom (CK) in early September 2016. At that time Dash was trading below 1 XMR. Should a similar or more severe crash in DASH/XMR occur in the future Crypto Kingdom will not be adversely impacted at all since it is no longer short XMR.

Dash is currently trading below 3 XMR but still has a quite way to go down if is going to test the September 3, 2016, low of 0.671 XMR.

I'm still missing how dash is involved.

In the Kingdom of Crypto, Dash is the village idiot.

The chief window licker.  Currently absorbing massive pay cut.

[bitebits]

Speculation:. When BTC forks everyone will be holding  their coins tightly, and transaction traffic will approach nil.  Consequently the only way to actually buy anything on, e.g., alphabay will be using XMR.   XMR valuation may double, triple, quadruple overnight.

At least today there is direct EUR and USD to XMR (Bitfinex and Kraken), and for sure I will not touch my BTC during these days.
Great speculation.

[Supercrypt]

...

I'm still missing how dash is involved.

A falling DASH/XBT or DASH/USD is an indicator that anyone who is short Monero would be wise to pay attention to. Just look for example at what happened in August 2016. First Dash falls then Monero rises. Theoretically one can make a case that the Monero markets are un-correlated to the Dash markets; however there is still a significant amount of emotion on the subject in both the Monero and Dash communities for short term leveraged traders to ignore.

Ahh.  An oft noted correlation.  Thank you for the explanation, I DID take it as an April Fools joke .  Dash is still 3x what it was when my eyebrows started to rise, so there may yet be time for wisdom, if no native affinity, among Monero shorters.

I didn’t know the correlation too. Do you know why that is tough?
I mean why is there a correlation between dash price rising and monero price dropping? Is there like a eth,etc type of deal between them? What is the history that causes this reverse prices?