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fox19891989
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December 17, 2014, 09:47:31 AM |
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Dump hard  XMR lost 10k sat resistance, it will go down further. |
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"You Asked For Change, We Gave You Coins" -- casascius
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TrueCryptonaire
Legendary
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Activity: 1092
Merit: 1000
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December 17, 2014, 09:54:26 AM |
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Dump hard XMR lost 10k sat resistance, it will go down further. PAAAAANIIIIIIC SELLLLLLLLLL!   |
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600watt
Legendary
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Activity: 2338
Merit: 2106
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December 17, 2014, 11:40:41 AM |
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of all those altcoins i had chosen this one. never touched any of those scamcoins, never gave it a thought. but then i changed my mind and invested in monero. of course, it had to be the one going down so hard. i should have warned you. but hey, the btc i lost via monero are losing value fast also, so loss is getting smaller and smaller  edit: monero is not a scam, didn´t want to imply that. |
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smooth (OP)
Legendary
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Activity: 2968
Merit: 1198
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December 17, 2014, 11:49:58 AM |
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of all those altcoins i had chosen this one. never touched any of those scamcoins, never gave it a thought. but then i changed my mind and invested in monero. of course, it had to be the one going down so hard. i should have warned you.
It's not really "the one" going down hard. It has lost value faster than some, but not dramatically so. In terms of market cap rankings, since this downturn started, its dropped around 10 spots from its long-held spot in the low teens of coinmarketcap to the low 20s, and that's out of several hundred coins. On the list with premined/nonmined coins removed it has dropped from #8 to #9. No question there are some big losses here, but there are many losses all over the market. |
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farfiman
Legendary
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Activity: 1449
Merit: 1001
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December 17, 2014, 12:05:12 PM
Last edit: December 17, 2014, 04:17:22 PM by farfiman |
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At BTC closing on 300$ and XMR below .001 its great time to buy btc and buy XMR with them....
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"We are just fools. We insanely believe that we can replace one politician with another and something will really change. The ONLY possible way to achieve change is to change the very system of how government functions. Until we are prepared to do that, suck it up for your future belongs to the madness and corruption of politicians."
Martin Armstrong
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aminorex
Legendary
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Activity: 1596
Merit: 1029
Sine secretum non libertas
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December 18, 2014, 12:52:29 AM |
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My overall approach has been to short u.s. equities, rolling gains into xmr via btc. The short gains part is now locked in. It looks like a very good time to roll. I have abandoned hope of 00085.
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Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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ArticMine
Legendary
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Activity: 2282
Merit: 1050
Monero Core Team
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December 18, 2014, 01:44:36 AM |
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My overall approach has been to short u.s. equities, rolling gains into xmr via btc. The short gains part is now locked in. It looks like a very good time to roll. I have abandoned hope of 00085.
I honestly do not know if we will see 0.00085 or not. What I do know is that I would not want to get caught short XMR in this market. This can get really ugly really fast. |
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Anotheranonlol
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December 18, 2014, 05:00:54 AM |
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EtherEx on Ethereum could rapidly make Cryptsy and other crypto-crypto exchanges obsolete.
Could being the big word here. It will not allow real time trading. They say this is an advantage since it won't have HFT. I sympathize with that point of view somewhat, but so far almost every market (both crypto and non-crypto) has preferred real time exchanges. Overstock's Medici on Counterparty would be pretty big. Do they have a target date for actually trading? I'm not sure it is realistic to see this fly in 2015, given the regulatory speed limit. Maybe, but look how the Bitcoin ETFs have gotten bogged down.  They have incorporated recently, and things seem to be on track. From reading excerpts - Q3 2014 Overstock.com, Inc. Earnings Conference Call provided by Thomson Reuters the timeline is generally aimed at months, rather than years. They have a framework in place- established guidelines to follow, Perkins Coei is working in background (and have already done legwork on drawing up the now active CounterParty foundation) , afaik focus is on CFTC now . Resistance may well be less than with the ETF. |
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dEBRUYNE
Legendary
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Activity: 2268
Merit: 1141
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December 18, 2014, 01:31:42 PM |
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My overall approach has been to short u.s. equities, rolling gains into xmr via btc. The short gains part is now locked in. It looks like a very good time to roll. I have abandoned hope of 00085.
I honestly do not know if we will see 0.00085 or not. What I do know is that I would not want to get caught short XMR in this market. This can get really ugly really fast. I think some of the downtrend is caused by people selling in order the buy back lower (IIRC, you also stated this before). If we get a clear uptrend we could shoot up fast due to people that have to buy back that were hoping to buy back lower. |
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TrueCryptonaire
Legendary
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Activity: 1092
Merit: 1000
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December 18, 2014, 07:46:17 PM |
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My overall approach has been to short u.s. equities, rolling gains into xmr via btc. The short gains part is now locked in. It looks like a very good time to roll. I have abandoned hope of 00085.
I honestly do not know if we will see 0.00085 or not. What I do know is that I would not want to get caught short XMR in this market. This can get really ugly really fast. I think some of the downtrend is caused by people selling in order the buy back lower (IIRC, you also stated this before). If we get a clear uptrend we could shoot up fast due to people that have to buy back that were hoping to buy back lower. You are right in this. However the uptrend is possible only by 2 ways: 1) Much lower emission than the current (takes 1-2 years from now) 2) Drastic increase in adoption |
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Hueristic
Legendary
Offline
Activity: 3808
Merit: 4896
Doomed to see the future and unable to prevent it
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December 19, 2014, 12:24:12 AM |
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My overall approach has been to short u.s. equities, rolling gains into xmr via btc. The short gains part is now locked in. It looks like a very good time to roll. I have abandoned hope of 00085.
I honestly do not know if we will see 0.00085 or not. What I do know is that I would not want to get caught short XMR in this market. This can get really ugly really fast. I think some of the downtrend is caused by people selling in order the buy back lower (IIRC, you also stated this before). If we get a clear uptrend we could shoot up fast due to people that have to buy back that were hoping to buy back lower. You are right in this. However the uptrend is possible only by 2 ways: 1) Much lower emission than the current (takes 1-2 years from now) 2) Drastic increase in adoption 3) Increased Investors Who wants to add #4? |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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December 19, 2014, 12:35:55 AM |
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My overall approach has been to short u.s. equities, rolling gains into xmr via btc. The short gains part is now locked in. It looks like a very good time to roll. I have abandoned hope of 00085.
I honestly do not know if we will see 0.00085 or not. What I do know is that I would not want to get caught short XMR in this market. This can get really ugly really fast. I think some of the downtrend is caused by people selling in order the buy back lower (IIRC, you also stated this before). If we get a clear uptrend we could shoot up fast due to people that have to buy back that were hoping to buy back lower. You are right in this. However the uptrend is possible only by 2 ways: 1) Much lower emission than the current (takes 1-2 years from now) 2) Drastic increase in adoption 3) Increased Investors Who wants to add #4? 4) China |
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Monero
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| "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
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G2M
Sr. Member
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Activity: 280
Merit: 250
Activity: 616
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December 19, 2014, 01:07:30 AM |
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5) Russia
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Wind picked up: F4BC1F4BC0A2A1C4
banditryandloot goin2mars kbm keyboard-mash theusualstuff
probably a few more that don't matter for much.
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rpietila
Donator
Legendary
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Activity: 1722
Merit: 1036
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December 19, 2014, 01:25:30 AM |
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Guys, The monero price is so low that an uptrend can be started by having 1-2 middle class private people "investors" onboard. Don't make things sound overly difficult. |
HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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Hueristic
Legendary
Offline
Activity: 3808
Merit: 4896
Doomed to see the future and unable to prevent it
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December 19, 2014, 01:35:04 AM |
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Guys, The monero price is so low that an uptrend can be started by having 1-2 middle class private people "investors" onboard. Don't make things sound overly difficult. You did not answer this in the correct form! Fixed,  6) having 1-2 middle class private people "investors" onboard |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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December 19, 2014, 01:44:18 AM |
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Guys, The monero price is so low that an uptrend can be started by having 1-2 middle class private people "investors" onboard. Don't make things sound overly difficult. You did not answer this in the correct form! Fixed, 6) having 1-2 middle class private people "investors" onboard You got the form wrong too. It has to be Number Four. EG: 4) Black Swan |
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Monero
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| "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
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Hueristic
Legendary
Offline
Activity: 3808
Merit: 4896
Doomed to see the future and unable to prevent it
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December 19, 2014, 01:49:24 AM
Last edit: December 19, 2014, 06:07:13 AM by Hueristic |
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Guys, The monero price is so low that an uptrend can be started by having 1-2 middle class private people "investors" onboard. Don't make things sound overly difficult. You did not answer this in the correct form! Fixed, 6) having 1-2 middle class private people "investors" onboard You got the form wrong too. It has to be Number Four. EG: 4) Black Swan Huh? https://bitcointalk.org/index.php?topic=753252.msg9884072#msg9884072 |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Whtwabbit
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December 19, 2014, 03:03:14 AM |
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Monero
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| "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
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explorer
Legendary
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Activity: 2016
Merit: 1259
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December 19, 2014, 03:33:19 AM |
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They figure 'what the hell, the Americans can do it without a Revolution, should work here' |
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TrueCryptonaire
Legendary
Offline
Activity: 1092
Merit: 1000
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December 19, 2014, 06:06:24 AM |
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It still needs both of the two or one of them: 1) Lower emission (need to waite for that for a couple of years) 2) Drastic increase in adoption (in numbers of coins). Period. All the other stuff listed are included into those two categories. Unfortunately Monero is very unlikely going to increase from the current numbers any time soon. Patience is needed. I am sorry to tell this.  |
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