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Author Topic: [XMR] Monero Speculation  (Read 3312366 times)
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October 27, 2014, 02:05:06 PM
 #1181

Meaning the bottom will be in rpietila's promised buy wall? And if that will get depleted?

Don't get me wrong, I want to see XMR at 1000$ someday, but .. I have my fears now and I'd like to read something very convincing that my fears are wrong.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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October 27, 2014, 03:00:05 PM
 #1182

Meaning the bottom will be in rpietila's promised buy wall? And if that will get depleted?

Don't get me wrong, I want to see XMR at 1000$ someday, but .. I have my fears now and I'd like to read something very convincing that my fears are wrong.

Why would a stolen coin dump scare you?

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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October 27, 2014, 03:15:00 PM
 #1183

Why would a stolen coin dump scare you?

You are telling that this price / dump is caused Ryan Kennedy?!
Hmm.. maybe you are right. Actually, tbh, I can hope that's the reason. Because then this madness will end soon and everything will go back to normal.

.
.HUGE.
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October 27, 2014, 03:23:06 PM
 #1184

Why would a stolen coin dump scare you?

You are telling that this price / dump is caused Ryan Kennedy?!
Hmm.. maybe you are right. Actually, tbh, I can hope that's the reason. Because then this madness will end soon and everything will go back to normal.

There is no "normal" in this context. It's a fallacy of the mind.
I'm a monero supporter myself, but I have to acknowledge that usage of this kind of term is indicative of a strong bias.


Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
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October 27, 2014, 04:01:54 PM
 #1185

what goes up must come down

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October 27, 2014, 04:06:45 PM
 #1186

Why would a stolen coin dump scare you?

You are telling that this price / dump is caused Ryan Kennedy?!
Hmm.. maybe you are right. Actually, tbh, I can hope that's the reason. Because then this madness will end soon and everything will go back to normal.

There is no "normal" in this context. It's a fallacy of the mind.
I'm a monero supporter myself, but I have to acknowledge that usage of this kind of term is indicative of a strong bias.


You are right. Actually in a lot of cases there's no "normal" in life, but we tend to (over)use that. Bad habits Smiley.
And yeah, Monero is too young to actually know what will "normal" actually be in 2 years.


what goes up must come down

That applies to Bitcoin too, I hope that you are aware of that Cheesy

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smooth (OP)
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October 27, 2014, 04:15:30 PM
 #1187

what goes up must come down

That applies to Bitcoin too, I hope that you are aware of that Cheesy

It would be hard not to be aware of that after the past 10 months.
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October 27, 2014, 04:24:20 PM
 #1188

what goes up must come down

That applies to Bitcoin too, I hope that you are aware of that Cheesy

It would be hard not to be aware of that after the past 10 months.


Yes, and bitcoiners still dream of the "near future" when BTC will be back to 1000$ or, why not, 10000$, while calling all altcoins shitcoin.
Ohwell, maybe I am too thorny today...

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October 27, 2014, 05:49:02 PM
 #1189

Pretty obvious Mintpal dumped everyones XMR.

Bitcoin - Peer to Peer Electronic CASH
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October 27, 2014, 08:09:28 PM
 #1190

4% bounce this morning - thoughts?
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October 27, 2014, 08:56:40 PM
 #1191

4% bounce this morning - thoughts?

No need to be excited.
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October 27, 2014, 09:01:25 PM
 #1192

4% bounce this morning - thoughts?

A lot more than 4%...it was down below 0.0017, now back up to 0.0021. That's almost 23.5%!

My thoughts are this coin is very volatile. Don't buy more than you can afford to lose!
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October 27, 2014, 10:00:22 PM
 #1193

Maybe a large buyer with insider info on the missive to come?
Oh boy, I hope this missive will contain visible things for the average holder. We really need those  Undecided

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
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October 27, 2014, 10:10:01 PM
 #1194

Either way, the price is mostly maintained by only a few individuals
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October 27, 2014, 10:28:33 PM
 #1195

i have been reducing my average cost quite nicely. i speculate there must be some big news in the upcoming missive.

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October 27, 2014, 10:46:11 PM
 #1196

Looks like XMR is rebounding strongly. Hopefully this is a trend reversal.

The recent price decrease was not due to Mintpal XMR being sold. Those are not held by Ryan.
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October 27, 2014, 10:55:21 PM
 #1197

Looks like XMR is rebounding strongly. Hopefully this is a trend reversal.

The recent price decrease was not due to Mintpal XMR being sold. Those are not held by Ryan.

its not held by the original mintpal owners either. they seem to have the wallet but not the key. they say ryan has the key. so 100K xmr are lost?
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October 27, 2014, 11:02:05 PM
 #1198

Looks like XMR is rebounding strongly. Hopefully this is a trend reversal.

The recent price decrease was not due to Mintpal XMR being sold. Those are not held by Ryan.

its not held by the original mintpal owners either. they seem to have the wallet but not the key. they say ryan has the key. so 100K xmr are lost?
https://twitter.com/MintPalExchange/status/524963448917344256

Where did they say that they don't have the "key"?
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October 27, 2014, 11:43:44 PM
 #1199

Looks like XMR is rebounding strongly. Hopefully this is a trend reversal.

The recent price decrease was not due to Mintpal XMR being sold. Those are not held by Ryan.

its not held by the original mintpal owners either. they seem to have the wallet but not the key. they say ryan has the key. so 100K xmr are lost?

The key is the only relevant part of the wallet. The rest of the files are irrelevant. The bin file is just a cache of some blockchain data and the address file is just the public address.

If Ryan has the key, then he has the coins. (I don't know if this is the case.)


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October 28, 2014, 12:16:02 AM
 #1200

The key is the only relevant part of the wallet. The rest of the files are irrelevant. The bin file is just a cache of some blockchain data and the address file is just the public address.

If Ryan has the key, then he has the coins. (I don't know if this is the case.)


comment by "BigBalls" in that tweet:
moolah has the keys to V2. Mintpal has the coins from V1. There cud have been trading between the two.
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