[XMR] Monero Speculation

[ozkraut]

hmmm:

http://www.huffingtonpost.com/entry/dash-users-on-government-watchlist_us_59b26b3be4b0d0c16bb52bc8

[1714056290]

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[KeyJockey]

Curious - did you sell BTC, or buy BCH to achieve this (50:50 value)?  Or do you mean you have quantity x BTC and quantity x BCH, as distributed(85:15-ish value currently)? Reasoning?

All percentages there are expressed as the current Bitcoin BTC Value of the Alt coin, i.e. so if total portfolio value is 10 BTC then "40%" would be 4 BTC worth of Monero, 15% would be 1.5 BTC worth of BCH, etc.

The BTC/BCH situation is: actually MOST of the BCH is what I got "free" from the August 1st fork, but yes I did "flip" a portion (some BTC and some Dash, maybe some MaidSafe too, I forget) into getting more BCH a couple times since the fork, when the ratio was higher like 10 to 1 at first, and then again when it was like 5 or 6 to 1, I think it was.

So overall -- now that the BCH price has been reasonably stable around $600 to the BTC price reasonably stable around $4600... crunching the numbers yesterday, my total of each has now just happened to land on 50-50, i.e. the BCH (valued in BTC) is worth just about what the remaining BTC is at... so 50-50.

I'm fine with this 'cuz it means I'm preserving my BTC in BTC value, so far, if nothing else changes (ha!) but if the Bitcoin Cash people are right, and BTC will end up in a Death Spiral then my "new bitcoins" stash will be multiplied several times... only at risk of a *portion* of my starting BTC stash IF the SegWit people are right and Bitcoin Cash is the one that eventually withers away and dies.

Who knows WTF will happen?  I certainly don't, LOL, so this seems a reasonable hedge position to me, for the time being, again until something ELSE changes.


P.S.

hmmm:

http://www.huffingtonpost.com/entry/dash-users-on-government-watchlist_us_59b26b3be4b0d0c16bb52bc8

Nice... so "good luck with all THAT" to the Dashers, LOL.  And, since I just clearly stated publicly that I've dumped all the Dash I used to have, of course in order to fully do their job properly, any of our Friendly Neighborhood Federal Agents reading this will now certainly make sure that my name is REMOVED from this wonderful watchlist... right?  Right?  Hmm...

[Globb0]

hmmm:

http://www.huffingtonpost.com/entry/dash-users-on-government-watchlist_us_59b26b3be4b0d0c16bb52bc8

TLDR dash is shit, masternodes roll over for anyone and share their log files, cross referencing 2 or 3 log file sources along with the low liquidity may allow transactions to be unpicked

[cAPSLOCK]

hmmm:

http://www.huffingtonpost.com/entry/dash-users-on-government-watchlist_us_59b26b3be4b0d0c16bb52bc8

WOW.

The article is surprisingly informed for mainstream (internet) media offering.  And they rip Dash to tiny little pieces.

The last bit:

And this ignorant behavior of the team is an issue of grave concern as it violates the privacy assured to the users. Such intentional breach of user’s trust is a problem which makes DASH an insecure platform for the users.

Dang.

[noobtrader]

hmmm:

http://www.huffingtonpost.com/entry/dash-users-on-government-watchlist_us_59b26b3be4b0d0c16bb52bc8

aaaaaand.... Dash rises again to 365  LOL 

[neilol-real]

Opened small leveraged long here - Looking for a third leg to the rally. Check August/September chart from last year to see what I mean. Volume is spread across multiple exchanges this time, but similarly large. Target .039 before Sept 15. I fear this may be a hopium induced trade, fractals and all that jazz

[KeyJockey]

aaaaaand.... Dash rises again to 365  LOL 

LOL which can only mean (a) proof Dash users are all total morons or (b) yes, proof that the Dash price really is totally artificially supported.

Or (c) Both.  

[Raja_MBZ]

Seems like US Army has started to buy off some Monero...

[cAPSLOCK]

hmmm:

http://www.huffingtonpost.com/entry/dash-users-on-government-watchlist_us_59b26b3be4b0d0c16bb52bc8

aaaaaand.... Dash rises again to 365  LOL 

Markets are irrational sometimes.  Crypto markets doubly so.  If I were in that particular house of cards at the moment I would move quietly and quickly to an exit.  Once masternodes start to try to get out the exits might get a little crowded.

[CryptoPH]

Then all cryptos suddenly tanked. 

[dEBRUYNE]

PSA: Users, (solo)miners, exchanges/merchants/services, and pool operators must be on CLI v0.11.0.0 or GUI v0.11.0.0 in advance of the scheduled protocol upgrade otherwise you will get booted off the network. Miners, please contact your pool operator to ask them if they have upgraded!

https://www.reddit.com/r/Monero/comments/6yuv2s/psa_users_solominers_exchangesmerchantsservices/

[starmman]

Then all cryptos suddenly tanked. 

Any idea why?

Not complaining here as its good for further accumulation

[rangedriver]

Then all cryptos suddenly tanked. 

Any idea why?

The rumour is that China is about to ban oxygen, food, and Chinese people.

[neilol-real]

Then all cryptos suddenly tanked. 

Any idea why?

The rumour is that China is about to ban oxygen, food, and Chinese people.

If only there were a truly private cryptocurrency to continue capital flight out of the country.

In China rules are mostly for the Plebeians. Attempting an exchange shut down is a band-aid.

[dEBRUYNE]

PSA: Users, (solo)miners, exchanges/merchants/services, and pool operators must be on CLI v0.11.0.0 or GUI v0.11.0.0 in advance of the scheduled protocol upgrade otherwise you will get booted off the network. Miners, please contact your pool operator to ask them if they have upgraded!

https://www.reddit.com/r/Monero/comments/6yuv2s/psa_users_solominers_exchangesmerchantsservices/

Where does one get "GUI v0.11.0.0" for windows 64-bit?

Thanks!  

From the post:

GUI:

Forthcoming, as the GUI binaries are not finalized yet.

[goin2mars.]

There is a certain art to value distillation and whale flushing, and china seems to be masterful in this craft

[owlcatz]

From the post:

GUI:

Forthcoming, as the GUI binaries are not finalized yet.

Thanks again, I guess I read it too fast!

[KeyJockey]

Then all cryptos suddenly tanked. 

Any idea why?

The rumour is that China is about to ban oxygen, food, and Chinese people.

LOL, again... China Bans Bitcoin!

Time for an oldie but a goodie... actually this one never gets old LOL


 

[pönde]

PSA: Users, (solo)miners, exchanges/merchants/services, and pool operators must be on CLI v0.11.0.0 or GUI v0.11.0.0 in advance of the scheduled protocol upgrade otherwise you will get booted off the network. Miners, please contact your pool operator to ask them if they have upgraded!

https://www.reddit.com/r/Monero/comments/6yuv2s/psa_users_solominers_exchangesmerchantsservices/

When the upgrade has to be done?

If the upgrade is not done, the wallet will just not sync?

I just has to replace the old files with the new ones? No need to start the sync from beginning?

[rangedriver]

https://www.youtube.com/watch?v=v0Y3FbmKi9g