Unveiling the truth over the major Monero scam

[Crestington]

Oh wow, I guess I either didn't see this post at the time or didn't really care.

IMO Proof of Work can never keep up with the drop in demand over a long period because it works against the system, possibly the critical flaw in Proof of Work overlooked by Satoshi.

The OP posted on August 22nd and everything he has said has been spot on so far, could have even made a small amount selling just after the time he posted the thread. Also looking at the orderbooks, there is a lot of bot activity setting up buy and sell walls.



And then the long term chart until today.

Man Am I stupid, just bought another BTC's worth.

Possibly, that BTC you bought for $270 is now worth $210 but with XMR also losing around 10-15% of value that means total loss of about 33%

I took the liberty of pulling up AsicCoin of what it could possibly look like long term and circled on the chart in relation to where I think you bought.



This will be interesting to see how things come along in a few months or so, should see some popcorn posts yet.

[fluffypony]

The OP posted on August 22nd and everything he has said has been spot on so far

On the contrary, all 3 of his points have been invalidated over time.

An excellent starting point as to why is our Year in Review report: https://forum.monero.cc/1/news-and-announcements/134/monday-monero-missives-22-year-in-review-january-5th-2015

Like it or not, Bytecoin is the original cryptonote coin. It has active developers who work closely with the cryptonote team and a strong community. If Monero had not used the mutually assured destruction tactics from the start I am sure it would have had a place in the cryptonote family. However they burned their bridges by being so aggressive and annoying.

Thank you for extending the offer for us to have a place in "the CryptoNote family". We're going to have to decline, seeing as how we seem to be doing quite ok. But really, thank you, it's totally appreciated.

[smooth]

Like it or not, Bytecoin is the original cryptonote coin.

Tell it to Tenebrix, scammer.

[ArticMine]

Like it or not, Bytecoin is the original cryptonote coin.

Tell it to Tenebrix, scammer.

Something tells me that going short on Bytecoin might be an interesting opportunity, especially after missing the opportunity of shorting Tenebrix.

[e-coinomist]

Like it or not, Bytecoin is the original cryptonote coin. It has active developers who work closely with the cryptonote team and a strong community. If Monero had not used the mutually assured destruction tactics from the start I am sure it would have had a place in the cryptonote family. However they burned their bridges by being so aggressive and annoying.

[fluffypony]

Bitcoiners can't work together, thats why XMR failed.

What is a measure of failure? Development is still steaming ahead, the mining network is still sufficiently large, and peripheral projects continue to be built and launched.

We're also the only cryptocurrency to square Zooko's Triangle with our release of the OpenAlias standard, and we did it in a way that benefits all cryptocurrencies and not just Monero. It's a pleasure.

[Crestington]

Bitcoiners can't work together, thats why XMR failed.

What is a measure of failure? Development is still steaming ahead, the mining network is still sufficiently large, and peripheral projects continue to be built and launched.

We're also the only cryptocurrency to square Zooko's Triangle with our release of the OpenAlias standard, and we did it in a way that benefits all cryptocurrencies and not just Monero. It's a pleasure.

Hey that's some pretty good stuff, maybe I need to revise my analysis.

[Hueristic]

...

Possibly, that BTC you bought for $270 is now worth $210 but with XMR also losing around 10-15% of value that means total loss of about 33%
...

Almost as much as one bet on poker today. :rolleyes:

[J1mb0]

Oh Dear!

The latest Monero Pump effort is running out of steam already.

I have to hand it to Reptilia though, he does put his money where his mouth is.

Unfortunately for him, the cannon fodder seems to be deserting in ever greater numbers. It is one more cycle in a cycle of ever diminishing gains for his BTC.

Most whales get themselves a hobby like girls, cars, exotic travel or all three - this is sad. 

[illodin]

The latest Monero Pump effort is running out of steam already.

I have to hand it to Reptilia though, he does put his money where his mouth is.

Maybe he hasn't started buying yet.

[J1mb0]

The latest Monero Pump effort is running out of steam already.

I have to hand it to Reptilia though, he does put his money where his mouth is.

Maybe he hasn't started buying yet.

Oh, he has. $50k for two days by my reckoning. +- 50% because I am crap at reckoning. 

[coinits]

Oh Dear!

The latest Monero Pump effort is running out of steam already.

I have to hand it to Reptilia though, he does put his money where his mouth is.

Unfortunately for him, the cannon fodder seems to be deserting in ever greater numbers. It is one more cycle in a cycle of ever diminishing gains for his BTC.

Most whales get themselves a hobby like girls, cars, exotic travel or all three - this is sad. 

How come every time that you open your mouth, your ass sucks wind?

[J1mb0]

Oh Dear!

The latest Monero Pump effort is running out of steam already.

I have to hand it to Reptilia though, he does put his money where his mouth is.

Unfortunately for him, the cannon fodder seems to be deserting in ever greater numbers. It is one more cycle in a cycle of ever diminishing gains for his BTC.

Most whales get themselves a hobby like girls, cars, exotic travel or all three - this is sad. 

How come every time that you open your mouth, your ass sucks wind?

1 line shiller

[Hueristic]

Oh Dear!

The latest Monero Pump effort is running out of steam already.

I have to hand it to Reptilia though, he does put his money where his mouth is.

Unfortunately for him, the cannon fodder seems to be deserting in ever greater numbers. It is one more cycle in a cycle of ever diminishing gains for his BTC.

Most whales get themselves a hobby like girls, cars, exotic travel or all three - this is sad. 

How come every time that you open your mouth, your ass sucks wind?

1 line shiller

Posts like yours just convince me you haven't finished accumulating.

[David Latapie]

Posts like yours just convince me you haven't finished accumulating.

Either or 1) he is afraid 3) he just have a personality disorder https://www.psychologytoday.com/blog/your-online-secrets/201409/internet-trolls-are-narcissists-psychopaths-and-sadists

[smooth]

Posts like yours just convince me you haven't finished accumulating.

Either or 1) he is afraid 3) he just have a personality disorder https://www.psychologytoday.com/blog/your-online-secrets/201409/internet-trolls-are-narcissists-psychopaths-and-sadists

Or 2) he is just doing his job.

[J1mb0]

Posts like yours just convince me you haven't finished accumulating.

Either or 1) he is afraid 3) he just have a personality disorder https://www.psychologytoday.com/blog/your-online-secrets/201409/internet-trolls-are-narcissists-psychopaths-and-sadists

Or 2) he is just doing his job.

Or 3) Like pretty much any thread on bct except for the Monero controlled ones anyone can state an opinion without being deleted.

[smooth]

Posts like yours just convince me you haven't finished accumulating.

Either or 1) he is afraid 3) he just have a personality disorder https://www.psychologytoday.com/blog/your-online-secrets/201409/internet-trolls-are-narcissists-psychopaths-and-sadists

Or 2) he is just doing his job.

Or 3) Like pretty much any thread on bct except for the Monero controlled ones anyone can state an opinion without being deleted.

No comments of yours have been deleted on the monero speculation thread to my recollection, and the main monero thread is unmoderated. Nice try though. Your boss will be proud.

[The Chainmaker]

Posts like yours just convince me you haven't finished accumulating.

Either or 1) he is afraid 3) he just have a personality disorder https://www.psychologytoday.com/blog/your-online-secrets/201409/internet-trolls-are-narcissists-psychopaths-and-sadists

Or 2) he is just doing his job.

Or 3) Like pretty much any thread on bct except for the Monero controlled ones anyone can state an opinion without being deleted.

No comments of yours have been deleted on the monero speculation thread to my recollection, and the main monero thread is unmoderated. Nice try though. Your boss will be proud.

I'll spend exactly $0 buying XMR.

[coinits]

Posts like yours just convince me you haven't finished accumulating.

Either or 1) he is afraid 3) he just have a personality disorder https://www.psychologytoday.com/blog/your-online-secrets/201409/internet-trolls-are-narcissists-psychopaths-and-sadists

Or 2) he is just doing his job.

Or 3) Like pretty much any thread on bct except for the Monero controlled ones anyone can state an opinion without being deleted.

No comments of yours have been deleted on the monero speculation thread to my recollection, and the main monero thread is unmoderated. Nice try though. Your boss will be proud.

I'll spend exactly $0 buying XMR.

Good.

Leaves more for me.