Nathan047
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October 05, 2017, 04:03:59 PM |
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man... I wish I had found this one earlier got only few moneros, but I will hodl them! Same here, I sold a lot of my Monero at 60$ and didn’t really buy all that much back. Although I don’t have too much for regrets, the all the coins I invested that money into went up to some extent (mainly Bitcoin); and I am really not one for holding a coin for more then like 9 months – the only true hodling I do is Bitcoin.
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I'm starting a technology blog T4CH.top, check it out!
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johnalan
Member
Offline
Activity: 200
Merit: 47
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October 05, 2017, 04:05:59 PM |
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We aren't in a bubble. This is the price discovery phase for the 6th Generation of money (post plastic), true crypto has been recognised for it's disruptive power.
Do you really think that such a technology as I've described will stay long with a market cap 1/100th the size of metals? I don't.
Yes. I would add: Bubble is subjective. It's made of bubbles. Bubbles all the way down. When the panic comes, everyone will say, oh that was a bubble. In fact the panic is equally a mispricing, but the doomsayers will consider it their (fleeting) vindication. There is a well understood fundamental attractor for price (Fisher's law), but it is only partially observable in the market, and there are quasicyclical factors as well (technically, "quasiperiodic on time scales", some of which may be predictable given sufficient observation, and a low model error - but that is an awful lot of hard work). Whenever the price moves there are winners and losers, support and resistance. The price will have to move a LOT in order to achieve fundamental value over the coming years. So there will be BIG winners and losers. So there will be a LOT of resistance and support. It will be painful for everyone. Too much drama for my taste, certainly. But, the holders will be the winners after the smoke clears. That's where I want to be sitting. Suppose the "end point" (your investment horizon) has XMR denominating 1% of JUST the global black markets. (Although in reality it is more likely to be 10%, and another 2% of the "regulated" market besides.). You all know the numbers by now. In order to reach even 20kUSD it has to go through all the levels between here and there. That's a vast battlefield. It will not be crossed without much blood. Call me a coward but I do not want to bleed. I will mostly just sit on the side, and hold. Maybe pick a dead man's pocket or two when the action is far away, or the blood is deep in the streets. The brute, incontestible fact is that Monero has a growing share of a growing sector (crypto). It is going to do fantastically well over the long haul. It has already done so, when the future was relatively dark. Now that it has enough cap to make technical development much easier to support, the future is brilliant, and one day the market will suddenly price that in. I want to be holding on that day. And indeed, to pass my (unknowable, inalienable) wealth to my heirs, if I can't find a better use for it in my lifetime. BTC on the other hand, has a declining share of that growing sector. It may do very well, but not so well as XMR. Whenever someone tries to pry your fingers apart with FUD, remember the facts, remember the logic, remember that markets rise by climbing a "wall of worry", and hold. It is a scary rip tide, but it is a rising tide. Stay in the fracking boat! Poetry.
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Billy Bunter
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October 05, 2017, 04:11:51 PM |
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Further institutional investment notwithstanding, I have high hopes for Globee. In much the same way that the market reacted to the Monero/Alphabay news, I think it will do the same when Globee announces its partnerships. Real markets with real products and real currency use within those markets is a rare phenomenon within Crypto, though something that they all (purportedly) aspire to. Very bullish in my opinion.
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Baguette Holder.
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Febo
Legendary
Offline
Activity: 2730
Merit: 1288
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October 05, 2017, 05:45:22 PM |
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2391 people searched advice's about Monroe on Monero Stack Exchange. Never before this many as yesterday. This is what matters right now and this is what Monero needs. Not just people to use it, but to understand it better. If you dont know something go there and look: https://monero.stackexchange.com/A funny thing. Only 4 months latter and casual 40% increase. I dont think today is something really special with high daily activity.
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KiXiNiT
Member
Offline
Activity: 100
Merit: 11
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October 05, 2017, 06:17:16 PM |
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We aren't in a bubble. This is the price discovery phase for the 6th Generation of money (post plastic), true crypto has been recognised for it's disruptive power.
Do you really think that such a technology as I've described will stay long with a market cap 1/100th the size of metals? I don't.
Yes. I would add: Bubble is subjective. It's made of bubbles. Bubbles all the way down. When the panic comes, everyone will say, oh that was a bubble. In fact the panic is equally a mispricing, but the doomsayers will consider it their (fleeting) vindication. There is a well understood fundamental attractor for price (Fisher's law), but it is only partially observable in the market, and there are quasicyclical factors as well (technically, "quasiperiodic on time scales", some of which may be predictable given sufficient observation, and a low model error - but that is an awful lot of hard work). Whenever the price moves there are winners and losers, support and resistance. The price will have to move a LOT in order to achieve fundamental value over the coming years. So there will be BIG winners and losers. So there will be a LOT of resistance and support. It will be painful for everyone. Too much drama for my taste, certainly. But, the holders will be the winners after the smoke clears. That's where I want to be sitting. Suppose the "end point" (your investment horizon) has XMR denominating 1% of JUST the global black markets. (Although in reality it is more likely to be 10%, and another 2% of the "regulated" market besides.). You all know the numbers by now. In order to reach even 20kUSD it has to go through all the levels between here and there. That's a vast battlefield. It will not be crossed without much blood. Call me a coward but I do not want to bleed. I will mostly just sit on the side, and hold. Maybe pick a dead man's pocket or two when the action is far away, or the blood is deep in the streets. The brute, incontestible fact is that Monero has a growing share of a growing sector (crypto). It is going to do fantastically well over the long haul. It has already done so, when the future was relatively dark. Now that it has enough cap to make technical development much easier to support, the future is brilliant, and one day the market will suddenly price that in. I want to be holding on that day. And indeed, to pass my (unknowable, inalienable) wealth to my heirs, if I can't find a better use for it in my lifetime. BTC on the other hand, has a declining share of that growing sector. It may do very well, but not so well as XMR. Whenever someone tries to pry your fingers apart with FUD, remember the facts, remember the logic, remember that markets rise by climbing a "wall of worry", and hold. It is a scary rip tide, but it is a rising tide. Stay in the fracking boat! lol..
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KeyJockey
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October 05, 2017, 09:54:21 PM |
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It is a scary rip tide, but it is a rising tide. Stay in the fracking boat!
Well, I'm still in the boat, but... dammit, of all the bad luck! All of my crypto stored on paper wallets (that I brought with me out here on the lake, for 'safe keeping' don't ya know) blew overboard and floated away
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- 1KeyJKVWVxdavKTetDJpQWdUaota5jbtX6 -
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cAPSLOCK
Legendary
Offline
Activity: 3766
Merit: 5146
Whimsical Pants
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October 05, 2017, 10:25:32 PM |
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It is a scary rip tide, but it is a rising tide. Stay in the fracking boat!
Well, I'm still in the boat, but... dammit, of all the bad luck! All of my crypto stored on paper wallets (that I brought with me out here on the lake, for 'safe keeping' don't ya know) blew overboard and floated away You know... We lovers of Montero are a lot of things... but good sailors? We are not. I do believe nearly all the monero coinbase has been lost at sea by this point.
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Anon136
Legendary
Offline
Activity: 1722
Merit: 1217
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October 05, 2017, 10:31:20 PM |
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It is a scary rip tide, but it is a rising tide. Stay in the fracking boat!
Well, I'm still in the boat, but... dammit, of all the bad luck! All of my crypto stored on paper wallets (that I brought with me out here on the lake, for 'safe keeping' don't ya know) blew overboard and floated away We've all been in that boat.
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Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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alexholden
Newbie
Offline
Activity: 36
Merit: 0
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October 05, 2017, 10:41:11 PM |
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You aren't hearing much about Monero but here and there it has some big price spikes and then cooldowns... weird coin but must have in all wallets.
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Anon136
Legendary
Offline
Activity: 1722
Merit: 1217
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October 05, 2017, 10:43:09 PM |
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You aren't hearing much about Monero but here and there it has some big price spikes and then cooldowns... weird coin but must have in all wallets.
We don't really market. We like to hope that the technology speaks for its self and that any funds that would have been used for marketing be used for development instead.
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Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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Johnny Mnemonic
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October 05, 2017, 11:12:22 PM |
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You know... We lovers of Montero are a lot of things... but good sailors? We are not.
I do believe nearly all the monero coinbase has been lost at sea by this point.
Good thing for that tail emission, otherwise we'd be sunk! (sorry, couldn't resist)
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Billy Bunter
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October 05, 2017, 11:41:19 PM |
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You know... We lovers of Montero are a lot of things... but good sailors? We are not.
I do believe nearly all the monero coinbase has been lost at sea by this point.
Good thing for that tail emission, otherwise we'd be sunk! (sorry, couldn't resist) Still sticking to your price-doubling-in-two-weeks forecast?
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Baguette Holder.
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harve
Newbie
Offline
Activity: 1
Merit: 0
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October 05, 2017, 11:58:11 PM |
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You aren't hearing much about Monero but here and there it has some big price spikes and then cooldowns... weird coin but must have in all wallets.
We don't really market. We like to hope that the technology speaks for its self and that any funds that would have been used for marketing be used for development instead. "For a successful technology, reality must take precedence over public relations, for Nature cannot be fooled." - Richard Feynman
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Johnny Mnemonic
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October 05, 2017, 11:58:26 PM |
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You know... We lovers of Montero are a lot of things... but good sailors? We are not.
I do believe nearly all the monero coinbase has been lost at sea by this point.
Good thing for that tail emission, otherwise we'd be sunk! (sorry, couldn't resist) Still sticking to your price-doubling-in-two-weeks forecast? Yes sir. Fair warning though: I'm wrong pretty much always.
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Billy Bunter
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October 06, 2017, 12:58:52 AM |
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You know... We lovers of Montero are a lot of things... but good sailors? We are not.
I do believe nearly all the monero coinbase has been lost at sea by this point.
Good thing for that tail emission, otherwise we'd be sunk! (sorry, couldn't resist) Still sticking to your price-doubling-in-two-weeks forecast? Yes sir. Fair warning though: I'm wrong pretty much always. Well, aren't we all? It's just that I recall you saying recently that the major leaps in Monero's price have always (mostly?) been due to external factors (Alphabay etc). I was assuming that you knew of some imminent event that would propel the price upwards. Oh well, I guess not.
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Baguette Holder.
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johnsmithx
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October 06, 2017, 01:03:38 AM |
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Yes. I would add: Bubble is subjective. It's made of bubbles. Bubbles all the way down.
What happened to the turtles?
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tokeweed
Legendary
Offline
Activity: 4074
Merit: 1453
Life, Love and Laughter...
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October 06, 2017, 08:23:17 AM |
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Shouldn't we be buying Aeon too? It could be a time machine of Monero circa 2015. I heard Smooth already released the update prompting Bittrex to turn Aeon deposits online once again.
If there's a 100x'er, it would probably be that. What do you guys think?
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R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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adam1230
Legendary
Offline
Activity: 1218
Merit: 1001
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October 06, 2017, 09:07:23 AM |
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Shouldn't we be buying Aeon too? It could be a time machine of Monero circa 2015. I heard Smooth already released the update prompting Bittrex to turn Aeon deposits online once again.
If there's a 100x'er, it would probably be that. What do you guys think?
I agree for Aeon. We should buy aeon but not much. I will buy for my %5 of my budget. It has a nice opportunity. Bittrex deposits may rocket Aeon. Its a good risk-reward ratio
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monica69
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October 06, 2017, 10:07:56 AM |
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For every one good ICO, there are easily 20+ that are just there to ultimately steal money. It's just what's historically happened, and I'm not a big fan of anyone that wants my money.More importantly are the questions - will the money that was in the ICO business-startup funding market find its way to a new one now? Or will the combination of the afflicted be looking to diversify outside of crypto? I will mostly just sit on the side, and hold. Maybe pick a dead man's pocket or two when the action is far away, or the blood is deep in the streets. Or will this be like cutting the head off a hydra, ultimately proving the legislation to be ineffective?
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ozkraut
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October 06, 2017, 11:40:32 AM |
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You aren't hearing much about Monero but here and there it has some big price spikes and then cooldowns... weird coin but must have in all wallets.
We don't really market. We like to hope that the technology speaks for its self and that any funds that would have been used for marketing be used for development instead. "For a successful technology, reality must take precedence over public relations, for Nature cannot be fooled." - Richard Feynman that about sums it up.
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Monero - Wir sind die Leute vor denen uns unsere Eltern gewarnt haben!
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