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Author Topic: [XMR] Monero Speculation  (Read 3255816 times)
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explorer
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March 15, 2018, 01:30:00 AM
 #37381

this is just a very late night (and too many g+ts) post....as most of you know i stoped postin here after fluffypony's hilarious 'lets' crach the market post' some months back.

But seriously, can  someone please gime me a precis as to what the fuck is going on..forks/airdrops/etc?

XMR used to be the bes alt coin out thee,,,best etech, tech devs, best map,....this eens to heve gone to shit despite the fact it has been adopted by Dreamarket.

So, what the fuck is going on?Huh

I hve a LOT of capital tied up in XMR (basicLLY ceause Im a privacy nerd) but one thing I've realised in 5/6 yers of crypto is that the tech means nothng...its the polituiics behind the tech that a makes or brakes a project.

Opiions of oldies are most welcome, trolls please keep your council.

MOON!!111


















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March 15, 2018, 01:31:48 AM
 #37382

this is just a very late night (and too many g+ts) post....as most of you know i stoped postin here after fluffypony's hilarious 'lets' crach the market post' some months back.

But seriously, can  someone please gime me a precis as to what the fuck is going on..forks/airdrops/etc?

XMR used to be the bes alt coin out thee,,,best etech, tech devs, best map,....this eens to heve gone to shit despite the fact it has been adopted by Dreamarket.

So, what the fuck is going on?Huh

I hve a LOT of capital tied up in XMR (basicLLY ceause Im a privacy nerd) but one thing I've realised in 5/6 yers of crypto is that the tech means nothng...its the polituiics behind the tech that a makes or brakes a project.

Opiions of oldies are most welcome, trolls please keep your council.

How nice it is to see you back. Along with the bulletproofs and the fork coin that's coming up (yuck) there is also the imminent release of the Ledger Nano (whew!) hardware wallet fro Monero. Also, work is ongoing for multisig... I think there possibly was a minor vulnerability found that is being patched hopefully. So I agree with anon that things are on the up and up development wise and as you mentioned real world acceptance is also increasing. It's a weird time post crypto run up.  The price contraction is awfully difficult to watch. That is also obviously part of the reason that the Monero price is decreasing. Also including against Bitcoin just because all alts are under scrutiny and shrinking a little bit right now.

I wish I was smart enough to be able to figure out where it's all going but instead I'm just gonna hold tight and watch the show.

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March 15, 2018, 01:42:40 AM
 #37383

this is just a very late night (and too many g+ts) post....as most of you know i stoped postin here after fluffypony's hilarious 'lets' crach the market post' some months back.

But seriously, can  someone please gime me a precis as to what the fuck is going on..forks/airdrops/etc?

XMR used to be the bes alt coin out thee,,,best etech, tech devs, best map,....this eens to heve gone to shit despite the fact it has been adopted by Dreamarket.

So, what the fuck is going on?Huh

I hve a LOT of capital tied up in XMR (basicLLY ceause Im a privacy nerd) but one thing I've realised in 5/6 yers of crypto is that the tech means nothng...its the polituiics behind the tech that a makes or brakes a project.

Opiions of oldies are most welcome, trolls please keep your council.

How nice it is to see you back. Along with the bulletproofs and the fork coin that's coming up (yuck) there is also the imminent release of the Ledger Nano (whew!) hardware wallet fro Monero. Also, work is ongoing for multisig... I think there possibly was a minor vulnerability found that is being patched hopefully. So I agree with anon that things are on the up and up development wise and as you mentioned real world acceptance is also increasing. It's a weird time post crypto run up.  The price contraction is awfully difficult to watch. That is also obviously part of the reason that the Monero price is decreasing. Also including against Bitcoin just because all alts are under scrutiny and shrinking a little bit right now.

I wish I was smart enough to be able to figure out where it's all going but instead I'm just gonna hold tight and watch the show.



I was excited about the Nano S, but becoming less so as I try to use it.  I thought when I set one up a couple months back that it was functional but a pain.  Now I can't make it connect at all, let alone every 5 or 6 tries like before.  Some say its the cord, but having tried 3 different ones (but not the one I eventually made work sporadically earlier) I can't even use the damn thing, and their support is shit.  /rant

The open source Monero hardware wallet can't arrive soon enough.
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March 15, 2018, 01:42:52 AM
 #37384

Honestly, I think people are getting tired of hard-forks/airdrops. Look at what happened with Calisto and ETC. Major disappointment and the trend of mooning before fork has dissipated a bit.
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March 15, 2018, 02:03:35 AM
 #37385



I was excited about the Nano S, but becoming less so as I try to use it.  I thought when I set one up a couple months back that it was functional but a pain.  Now I can't make it connect at all, let alone every 5 or 6 tries like before.  Some say its the cord, but having tried 3 different ones (but not the one I eventually made work sporadically earlier) I can't even use the damn thing, and their support is shit.  /rant

The open source Monero hardware wallet can't arrive soon enough.

Ah yes there's another exciting thing.  The Monero H/W wallet project.  Also rumors of the Trezor getting it too...

Sorry to hear that you had problems with the ledger, Explorer. Mine works like a charm... I wonder what's up with yours... are you using Linux?  I use mine both on windows and arch linux. I don't think I've ever had a problem getting it to connect. But I did have to get the right libraries in drivers installed in arch. But once I did everything was working fine.
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March 15, 2018, 02:08:27 AM
 #37386

Also rumors of the Trezor getting it too...

I have been suspicious that this was part of the impetus behind the roll out of the Trezor Model T. I think they tried to implement Monero on their original Trezor and found the hardware was insufficient to produce ring signatures. And I'm not saying that the reason they rolled out the model T was for Monero, but rather because Monero caused them to realize that they needed something a little more future proof.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
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March 15, 2018, 02:19:14 AM
 #37387



I was excited about the Nano S, but becoming less so as I try to use it.  I thought when I set one up a couple months back that it was functional but a pain.  Now I can't make it connect at all, let alone every 5 or 6 tries like before.  Some say its the cord, but having tried 3 different ones (but not the one I eventually made work sporadically earlier) I can't even use the damn thing, and their support is shit.  /rant

The open source Monero hardware wallet can't arrive soon enough.

Ah yes there's another exciting thing.  The Monero H/W wallet project.  Also rumors of the Trezor getting it too...

Sorry to hear that you had problems with the ledger, Explorer. Mine works like a charm... I wonder what's up with yours... are you using Linux?  I use mine both on windows and arch linux. I don't think I've ever had a problem getting it to connect. But I did have to get the right libraries in drivers installed in arch. But once I did everything was working fine.

Originally set up on windows.  Typical message was plug it in and enter PIN.  Typical response was crickets.  Eventually If I kept trying it would recognize it and function (I set up 2 at that time, same issues)  Now I'm trying to use the Ledger chrome apps on Chromium with Linux, and can't get any device recognition at all.  Chromium gets the apps no problem.  Tried 4 USB ports, all check out with my phone, so they are good.  It's the Ledger Apps that don't seem to recognize it.  Frustration barely describes it.  Still messing with it, but its supposed to be a simple plug n play device for normal people to use  to SIMPLIFY crypto security.
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March 15, 2018, 02:21:39 AM
 #37388



I was excited about the Nano S, but becoming less so as I try to use it.  I thought when I set one up a couple months back that it was functional but a pain.  Now I can't make it connect at all, let alone every 5 or 6 tries like before.  Some say its the cord, but having tried 3 different ones (but not the one I eventually made work sporadically earlier) I can't even use the damn thing, and their support is shit.  /rant

The open source Monero hardware wallet can't arrive soon enough.

Ah yes there's another exciting thing.  The Monero H/W wallet project.  Also rumors of the Trezor getting it too...

Sorry to hear that you had problems with the ledger, Explorer. Mine works like a charm... I wonder what's up with yours... are you using Linux?  I use mine both on windows and arch linux. I don't think I've ever had a problem getting it to connect. But I did have to get the right libraries in drivers installed in arch. But once I did everything was working fine.

Originally set up on windows.  Typical message was plug it in and enter PIN.  Typical response was crickets.  Eventually If I kept trying it would recognize it and function (I set up 2 at that time, same issues)  Now I'm trying to use the Ledger chrome apps on Chromium with Linux, and can't get any device recognition at all.  Chromium gets the apps no problem.  Tried 4 USB ports, all check out with my phone, so they are good.  It's the Ledger Apps that don't seem to recognize it.  Frustration barely describes it.

Which Linux distro/version?  We can take this off thread if you are interested.
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March 15, 2018, 02:57:55 AM
 #37389



I was excited about the Nano S, but becoming less so as I try to use it.  I thought when I set one up a couple months back that it was functional but a pain.  Now I can't make it connect at all, let alone every 5 or 6 tries like before.  Some say its the cord, but having tried 3 different ones (but not the one I eventually made work sporadically earlier) I can't even use the damn thing, and their support is shit.  /rant

The open source Monero hardware wallet can't arrive soon enough.

Ah yes there's another exciting thing.  The Monero H/W wallet project.  Also rumors of the Trezor getting it too...

Sorry to hear that you had problems with the ledger, Explorer. Mine works like a charm... I wonder what's up with yours... are you using Linux?  I use mine both on windows and arch linux. I don't think I've ever had a problem getting it to connect. But I did have to get the right libraries in drivers installed in arch. But once I did everything was working fine.

Originally set up on windows.  Typical message was plug it in and enter PIN.  Typical response was crickets.  Eventually If I kept trying it would recognize it and function (I set up 2 at that time, same issues)  Now I'm trying to use the Ledger chrome apps on Chromium with Linux, and can't get any device recognition at all.  Chromium gets the apps no problem.  Tried 4 USB ports, all check out with my phone, so they are good.  It's the Ledger Apps that don't seem to recognize it.  Frustration barely describes it.

Which Linux distro/version?  We can take this off thread if you are interested.

After rebooting it seems to recognize every time I plug it in now, which is about 5x better than I experienced with windows originally.  I  think I should just go back to stone tablet and chisel...

Meanwhile, WTF is happening to the price of Monero  Embarrassed
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March 15, 2018, 03:13:49 AM
 #37390



I was excited about the Nano S, but becoming less so as I try to use it.  I thought when I set one up a couple months back that it was functional but a pain.  Now I can't make it connect at all, let alone every 5 or 6 tries like before.  Some say its the cord, but having tried 3 different ones (but not the one I eventually made work sporadically earlier) I can't even use the damn thing, and their support is shit.  /rant

The open source Monero hardware wallet can't arrive soon enough.

Ah yes there's another exciting thing.  The Monero H/W wallet project.  Also rumors of the Trezor getting it too...

Sorry to hear that you had problems with the ledger, Explorer. Mine works like a charm... I wonder what's up with yours... are you using Linux?  I use mine both on windows and arch linux. I don't think I've ever had a problem getting it to connect. But I did have to get the right libraries in drivers installed in arch. But once I did everything was working fine.

Originally set up on windows.  Typical message was plug it in and enter PIN.  Typical response was crickets.  Eventually If I kept trying it would recognize it and function (I set up 2 at that time, same issues)  Now I'm trying to use the Ledger chrome apps on Chromium with Linux, and can't get any device recognition at all.  Chromium gets the apps no problem.  Tried 4 USB ports, all check out with my phone, so they are good.  It's the Ledger Apps that don't seem to recognize it.  Frustration barely describes it.

Which Linux distro/version?  We can take this off thread if you are interested.

After rebooting it seems to recognize every time I plug it in now, which is about 5x better than I experienced with windows originally.  I  think I should just go back to stone tablet and chisel...

Meanwhile, WTF is happening to the price of Monero  Embarrassed


Someone should start a thread: Monero under $200, what are you waiting for?

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March 15, 2018, 04:18:05 AM
Merited by Anon136 (1)
 #37391

1 week looks normal



"Nothing to see here move along"



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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
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"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
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March 15, 2018, 05:24:03 AM
 #37392

1 week looks normal



"Nothing to see here move along"

That does provide some nice perspective and you are right it really does look like a normal move within the healthy bounds of the protracted bull trend.

Interestingly too any time the MACD was slammed really hard into the negative crossover that has be more or less the end of the cyclical bear market.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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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March 15, 2018, 06:30:23 AM
 #37393

Did you guys realize that we are THE top thread in altcoin speculation? Take a look https://bitcointalk.org/index.php?board=224.0;sort=replies;desc Not just a little bit. By a fucking mile. 37k replies to 8k runner up. Shocked

Rep Thread: https://bitcointalk.org/index.php?topic=381041
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March 15, 2018, 07:37:41 AM
 #37394

Did you guys realize that we are THE top thread in altcoin speculation? Take a look https://bitcointalk.org/index.php?board=224.0;sort=replies;desc Not just a little bit. By a fucking mile. 37k replies to 8k runner up. Shocked

Before speculation was broken out it was the top thread in the whole general altcoin discussion section.
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March 15, 2018, 09:36:16 AM
 #37395

12k USD for May batch, and 8k for June, but they are selling like hotcakes. I guess Bitmain will wait for the algo change, adjust and then ship the miners:

https://shop.bitmain.com/productDetail.htm?pid=000201803132107063379CD35Gxy064F

Anyone want to venture how this will affect price?
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March 15, 2018, 11:49:53 AM
 #37396

12k USD for May batch, and 8k for June, but they are selling like hotcakes. I guess Bitmain will wait for the algo change, adjust and then ship the miners:

https://shop.bitmain.com/productDetail.htm?pid=000201803132107063379CD35Gxy064F

Anyone want to venture how this will affect price?

Yeah, I'll have a guess, Monero will pass its all time high of either BTC or USD between 4 to 12 weeks from now


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
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March 15, 2018, 01:25:28 PM
 #37397

Back to 0.025 wow.

Still I see Monero under 0.04 as a once in a lifetime buying opportunity.
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March 15, 2018, 01:30:24 PM
 #37398

Brilliant.
Thanks for all the replies (and friendly PMs too...what a lovely bunch you are!).

So, does this airdrop thing mean I'm suddenly going to have a huge pile of coins appear from nowhere (ala BCH)...I imagine not since this would have pushed demand and the price wouldn't be going south.

Anyway, I'll keep HODLing and try not to get too depressed looking at teh charts.

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March 15, 2018, 02:15:33 PM
 #37399

So, does this airdrop thing mean I'm suddenly going to have a huge pile of coins appear from nowhere (ala BCH)...I imagine not since this would have pushed demand and the price wouldn't be going south.

Yes just like BCH you are going to end up with a pile of the stuff. But you wont be able to spend it without compromising your privacy. They don't seem to care about this problem either. They seem to just be pretending like it doesn't exist and ignoring anyone who points it out to them. It's almost like they don't really care about building a solid project and instead are looking for a quick cash grab that doesn't really require any work on their part...

It did pump the price. Then they delayed it by a couple of months right before the air drop was supposed to happen and that's when the price fell.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
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March 15, 2018, 03:29:43 PM
 #37400

I didn't hedge XMR specifically. I hedged my whole crypto portfolio in a way by selling my bitcoin when it started falling hard and putting in a stop order at the price that I sold it at. So worst case scenario, if it stops falling and going back up the exchange will automatically buy it back at the same price that I sold. No fancy contracts or anything. I cant even get on bitfinex being an american. Either way though it makes me feel so much less stressed about both the decline in bitcoin and monero.

Thanks for the precision. So if I understand correctly you simply:

1- hodl when you think it will go up
2- sell your coins and buy them back (if they return to previous level) when you think it will go down
advantage = you don't lose if the coin never recovers. You can still change your buy order if you think the coin bottomed
?

I thought you were opening short positions which is common on FOREX. I have searched for solutions but I never found a cheap/convenient way to do that with cryptocurrencies.

1 BTC = 1 BTC
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