kazuki49



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Sr. MemberActivity: 350Merit: 250 Re: [XMR] Monero Speculation July 18, 2015, 01:09:51 PM #7141 Quote from: smooth on July 16, 2015, 08:04:04 PM Quote from: iCEBREAKER on July 16, 2015, 07:59:24 PM If mainbody emission is 2^64 tacoshi, how are the extra tail-end units accounted for without breaking the architecture/modulo/coinbase thingy?



Yes it is already accounted for in the code. Individual transactions won't be able to exceed 2^64 (and this is checked) without further changes but the total outstanding supply number is not used except to calculate the variable block rewards, which of course isn't needed once the rewards become fixed.



There may be changes needed in wallets to not use 64 bit math to calculate and display the total balance (once someone has a wallet containing >2^64 units, if that ever happens) but that is cosmetic not part of the protocol (balances don't exist at the protocol level only outputs).

Yes it is already accounted for in the code. Individual transactions won't be able to exceed 2^64 (and this is checked) without further changes but the total outstanding supply number is not used except to calculate the variable block rewards, which of course isn't needed once the rewards become fixed.There may be changes needed in wallets to not use 64 bit math to calculate and display the total balance (once someone has a wallet containing >2^64 units, if that ever happens) but that is cosmetic not part of the protocol (balances don't exist at the protocol level only outputs).

#nolooseends #xmr #nolooseends #xmr

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LegendaryActivity: 1092Merit: 1000 Re: [XMR] Monero Speculation July 18, 2015, 02:15:11 PM #7142 When it comes to moneroinvestment.com site's probability table..

There is one major problem that increases Monero's risk and it is the tie to bitcoin. Let's say, Monero stays stable with bitcoin at 0.002 but bitcoin dumps to 20 usd each. It means, Monero costs 4 cents only despite the fact that it has been relatively stable.

Therefore I am calling a well functioning fiat-Monero-fiat markets to open and eliminate the bitcoin-risk there so that Risto can correct the probabilities there a little bit as now he has included the bitcoin risk into Monero.

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hello world







Sr. MemberActivity: 453Merit: 500hello world Re: [XMR] Monero Speculation July 19, 2015, 11:52:41 AM #7147

exactly...



right now xmr seems to be just another coin floating around at poloniex. it is some time ago when we were the daily volume leader on our main (!) exchange.



dont know if it can still happen on polo though...some hot money is definetely around there as we could see with ltc volume during the pump, but some liquid xmr buyers and sellers are clearly refusing poloniex.



but no one cares since most of us enjoy putting up small bids around 190k and seeing them being dumped every day again. thank you so much whoever you are! i bet the whales could play this game forever, but can the dumpers too?



maybe this is also just becasue its the floor we are sitting at right now...i remember last floor was quite the same, very low volume for days until the first 30btc+ market buys hit



are we not able to produce anymore high volume days on poloniex? if those lousy 30 btc volume/170 btc bid manage to hold price up, what do you all think will happen once we reach our old numbers again ? And what happens if we have a real pump up, with 600 btc + on the books?exactly...right now xmr seems to be just another coin floating around at poloniex. it is some time ago when we were the daily volume leader on our main (!) exchange.dont know if it can still happen on polo though...some hot money is definetely around there as we could see with ltc volume during the pump, but some liquid xmr buyers and sellers are clearly refusing poloniex.but no one cares since most of us enjoy putting up small bids around 190k and seeing them being dumped every day again. thank you so much whoever you are! i bet the whales could play this game forever, but can the dumpers too?maybe this is also just becasue its the floor we are sitting at right now...i remember last floor was quite the same, very low volume for days until the first 30btc+ market buys hit XMR Monero

smooth



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LegendaryActivity: 2534Merit: 1167 Re: [XMR] Monero Speculation July 19, 2015, 11:55:30 AM #7148 Quote from: medusa13 on July 19, 2015, 11:52:41 AM

exactly...



right now xmr seems to be just another coin floating around at poloniex. it is some time ago when we were the daily volume leader on our main (!) exchange.



dont know if it can still happen on polo though...some hot money is definetely around there as we could see with ltc volume during the pump, but some liquid xmr buyers and sellers are clearly refusing poloniex.



but no one cares since most of us enjoy putting up small bids around 190k and seeing them being dumped every day again. thank you so much whoever you are! i bet the whales could play this game forever, but can the dumpers too?



maybe this is also just becasue its the floor we are sitting at right now...i remember last floor was quite the same, very low volume for days until the first 30btc+ market buys hit

are we not able to produce anymore high volume days on poloniex? if those lousy 30 btc volume/170 btc bid manage to hold price up, what do you all think will happen once we reach our old numbers again ? And what happens if we have a real pump up, with 600 btc + on the books?exactly...right now xmr seems to be just another coin floating around at poloniex. it is some time ago when we were the daily volume leader on our main (!) exchange.dont know if it can still happen on polo though...some hot money is definetely around there as we could see with ltc volume during the pump, but some liquid xmr buyers and sellers are clearly refusing poloniex.but no one cares since most of us enjoy putting up small bids around 190k and seeing them being dumped every day again. thank you so much whoever you are! i bet the whales could play this game forever, but can the dumpers too?maybe this is also just becasue its the floor we are sitting at right now...i remember last floor was quite the same, very low volume for days until the first 30btc+ market buys hit

They chased away a large portion of their customer base, especially the customer base for a privacy-oriented coin, with their KYC stuff. This isn't meant as a criticism of them for doing it (I was critical of some aspects of their process but that's history now), just an observation.



More of the coins are now just being kept in cold storage somewhere or being traded OTC.

They chased away a large portion of their customer base, especially the customer base for a privacy-oriented coin, with their KYC stuff. This isn't meant as a criticism of them for doing it (I was critical of some aspects of their process but that's history now), just an observation.More of the coins are now just being kept in cold storage somewhere or being traded OTC.

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LegendaryActivity: 1092Merit: 1000 Re: [XMR] Monero Speculation July 19, 2015, 05:26:49 PM #7151 Quote from: dnaleor on July 19, 2015, 01:00:31 PM

xmrchina always drops the date "august 8"

Coincidence?





On august 6 this wedge closes.xmrchina always drops the date "august 8"Coincidence?

Indeed the trading range is getting tighter and tighter. Very hard to trade profitable these days as there hardly is volatility and if we have volatility, it is only due to buy/sell 10 XMR or so at one time. Indeed the trading range is getting tighter and tighter. Very hard to trade profitable these days as there hardly is volatility and if we have volatility, it is only due to buy/sell 10 XMR or so at one time.

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Full MemberActivity: 122Merit: 100 Re: [XMR] Monero Speculation July 19, 2015, 06:15:33 PM #7152 Quote from: dnaleor on July 19, 2015, 01:00:31 PM

xmrchina always drops the date "august 8"

Coincidence?





On august 6 this wedge closes.xmrchina always drops the date "august 8"Coincidence?

8/8 was chosen for a specific China related reason, not because of technical analysis. Any correlation with the wedge in your chart is indeed a coincidence



If you want to search for more "coincidences" compare XMR emission about 1 month after 8/8 to estimated total pre "tail emission".



We are near a turning point in both development and adoption. Some will be wise enough to put all the pieces together before the current supply/demand balance is altered. 8/8 was chosen for a specific China related reason, not because of technical analysis. Any correlation with the wedge in your chart is indeed a coincidenceIf you want to search for more "coincidences" compare XMR emission about 1 month after 8/8 to estimated total pre "tail emission".We are near a turning point in both development and adoption. Some will be wise enough to put all the pieces together before the current supply/demand balance is altered.

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21 million. I want them all.







Hero MemberActivity: 798Merit: 100021 million. I want them all. Re: [XMR] Monero Speculation July 19, 2015, 08:05:04 PM #7155 Quote from: rpietila on July 19, 2015, 07:57:56 PM Today the general meeting of a certain Finnish company that already owns about 1% of XMR outstanding, has decided to refocus the company's mission to be a Monero fund, with the objective of converting its BTC holdings to XMR, and issuing shares to select parties and use the proceeds to acquire more XMR.



Wow, that's awesome. I don't think any other crypto except BTC has a fund. Wow, that's awesome. I don't think any other crypto except BTC has a fund. Year 2021

Bitcoin Supply: ~90% mined

Supply Inflation: <1.8%

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LegendaryActivity: 1092Merit: 1000 Re: [XMR] Monero Speculation July 19, 2015, 08:25:52 PM #7157 Quote from: rpietila on July 19, 2015, 07:57:56 PM Today the general meeting of a certain Finnish company that already owns about 1% of XMR outstanding, has decided to refocus the company's mission to be a Monero fund, with the objective of converting its BTC holdings to XMR, and issuing shares to select parties and use the proceeds to acquire more XMR.



...And hopefully it is made a publically traded company later so that more money can be raised towards Monero (I am speaking now about hundreds of millions of euros). ...And hopefully it is made a publically traded company later so that more money can be raised towards Monero (I am speaking now about hundreds of millions of euros).

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DonatorLegendaryActivity: 1722Merit: 1016 Re: [XMR] Monero Speculation July 19, 2015, 08:35:49 PM #7158



Now we have the sweet problem of how to acquire the considerable amount of XMR that we need. I got off the phone with the vice-chairman and we decided not to rock the markets and instead be cautious with the acquisitions. We will set up the capabilities to buy and sell OTC as well, against BTC and EUR. The company shares can be bought from the aftermarket, or new emissions, or if someone wants a sizable stake in XMR without the hassle of a BTC/XMR exchange, or the hassle of becoming owner of the company, we can sell directly at a markup and reacquire the position from the markets. I could not resist the urge to tell it when it happened.Now we have the sweet problem of how to acquire the considerable amount of XMR that we need. I got off the phone with the vice-chairman and we decided not to rock the markets and instead be cautious with the acquisitions. We will set up the capabilities to buy and sell OTC as well, against BTC and EUR. The company shares can be bought from the aftermarket, or new emissions, or if someone wants a sizable stake in XMR without the hassle of a BTC/XMR exchange, or the hassle of becoming owner of the company, we can sell directly at a markup and reacquire the position from the markets. 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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LegendaryActivity: 1092Merit: 1000 Re: [XMR] Monero Speculation July 19, 2015, 08:45:27 PM #7159 Quote from: rpietila on July 19, 2015, 08:35:49 PM



Now we have the sweet problem of how to acquire the considerable amount of XMR that we need. I got off the phone with the vice-chairman and we decided not to rock the markets and instead be cautious with the acquisitions. We will set up the capabilities to buy and sell OTC as well, against BTC and EUR. The company shares can be bought from the aftermarket, or new emissions, or if someone wants a sizable stake in XMR without the hassle of a BTC/XMR exchange, or the hassle of becoming owner of the company, we can sell directly at a markup and reacquire the position from the markets.

I could not resist the urge to tell it when it happened.Now we have the sweet problem of how to acquire the considerable amount of XMR that we need. I got off the phone with the vice-chairman and we decided not to rock the markets and instead be cautious with the acquisitions. We will set up the capabilities to buy and sell OTC as well, against BTC and EUR. The company shares can be bought from the aftermarket, or new emissions, or if someone wants a sizable stake in XMR without the hassle of a BTC/XMR exchange, or the hassle of becoming owner of the company, we can sell directly at a markup and reacquire the position from the markets.

That's probably good both for the average buying price and the coin.

In this way you give constant buying pressure for the coin without pumping it into an (unhealthy) bubble.



If Monero gets to a publically traded company level in some major stock exchange (such as Helsinki Stock Exchange), it might find a buyer in some old money banking sector, and they can afford to buy Moneros worth of billions. That's probably good both for the average buying price and the coin.In this way you give constant buying pressure for the coin without pumping it into an (unhealthy) bubble.If Monero gets to a publically traded company level in some major stock exchange (such as Helsinki Stock Exchange), it might find a buyer in some old money banking sector, and they can afford to buy Moneros worth of billions.