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    Author Topic: [XMR] Monero Speculation  (Read 3316612 times)
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    • OrangeP
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    May 25, 2017, 02:26:06 AM
     #29421
    Quote from: smooth on May 25, 2017, 02:22:33 AM
    The trajectory is that all coins are getting dumped because there is a decent correlation between alts and USD, so BTC up tends to mean alts down for the most part (long-standing for at least a year or so).

    You must've been trading in a different universe lately.
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  • cAPSLOCK
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    May 25, 2017, 02:27:42 AM
     #29422
    Quote from: smooth on May 25, 2017, 02:12:54 AM
    If you're can't handle the snake pit, crypto is not the place for you. One community is willing to tell you that. The rest will give you a sweet kiss while they pickpocket you. You decide which are the real scammers.[/size]

    They both are.  Now...

    "If you can't handle the snake pit then crypto is not for you..."

    Your own words put this project square in the middle of the snake pit.

    Even if I did believe the idealism was the motive, and my mind is not made up... it was a foolish mistake.

    On the other hand if a single other person involved new this play before it happened.  (In fact there does not have to be another person.)

    S C A M.  Period.

    Period.

    I am taking a principled stand by posting this.  I know it does not endear me to the insiders or the dev team, or the faithful.  But I am saying what I believe.  

    Fuck around with peoples money and then laugh at them for trusting you...  Say things like: "Crypto's not for you".

    You are either a thief, or defending the indefensible.

  • Igor76200
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    May 25, 2017, 02:35:32 AM
     #29423
    I hope you guys will not suffer collateral damages from companies that were plausibly working on XMR integration. Jaxx, Coinbase and so on.
    I'll say it again even if some people here do not like it, people in companies that do this go to jail. That brings too much suspicion about insider operations.

    That FluffyImbecile is probably proud of himself making a 100 million dollar pump on a tweet, but if there is any sane person left in Monero you better speak out against him.

    Now fuck. Won't be posting longer here. Good luck still.
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  • owlcatz
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    May 25, 2017, 02:39:42 AM
     #29424
    Quote from: cAPSLOCK on May 25, 2017, 02:27:42 AM
    Quote from: smooth on May 25, 2017, 02:12:54 AM
    If you're can't handle the snake pit, crypto is not the place for you. One community is willing to tell you that. The rest will give you a sweet kiss while they pickpocket you. You decide which are the real scammers.[/size]

    They both are.  Now...

    "If you can't handle the snake pit then crypto is not for you..."

    Your own words put this project square in the middle of the snake pit.

    Even if I did believe the idealism was the motive, and my mind is not made up... it was a foolish mistake.

    On the other hand if a single other person involved new this play before it happened.  (In fact there does not have to be another person.)

    S C A M.  Period.

    Period.

    I am taking a principled stand by posting this.  I know it does not endear me to the insiders or the dev team, or the faithful.  But I am saying what I believe.  

    Fuck around with peoples money and then laugh at them for trusting you...  Say things like: "Crypto's not for you".

    You are either a thief, or defending the indefensible.

    Thank you sir for summarizing these pathetic pieces of shit who wasted our lives and our money. Fuck you Monero, you dug your own grave and fuck you Ric again. Scammer.

  • paratox
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    May 25, 2017, 02:42:18 AM
     #29425
    If people weren't greedy , this whole thing would have gone differently. If people would have just waited until they knew what the announcement is about, nobodies finance would have gotten hurt.

  • rangedriver
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    May 25, 2017, 02:46:25 AM
     #29426
    https://www.reddit.com/r/Monero/comments/6d6wyt/reminder_monero_is_not_a_dictatorship/

    Just a few sentences.

  • BitcoinNewsMagazine
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    May 25, 2017, 02:47:25 AM
     #29427
    Quote from: smooth on May 25, 2017, 02:22:33 AM
    Quote from: CTTE on May 25, 2017, 02:15:37 AM
    Quote from: smooth on May 25, 2017, 02:00:59 AM
    Quote from: Zegra on May 25, 2017, 01:30:27 AM
    Also, I guess some Monero programmers get donations in XMR for their time by the community? Bit disrespectful to them unless price restores quickly. Fluffy is already rich so it's easy for him not to be affected.

    Agree on the narrow point. But looking at things more broadly...

    Do you realize that the Monero price is about where it was before the 'pre-announcement'? Or that Monero has fallen today less than Ripple or Stellar or Zcash?

    I'll let iCEBREAKER explain it to you since he does it better, but 'anti fragile' means that if anything fluffypony says or matters all that much, we're doing something wrong. Fortunately, it doesn't.

    (And to the extent that this stunt makes what he says or does matter even less, we're doing something right.)

    You can try to make the point that the price is still above the pre-announcement levels but, look at the trajectory, have you seen the number of very loyal people just selling their Monero and pledging not to come back?  There are a lot of people that were F'd with today and they won't forget it.

    The trajectory is that all coins are getting dumped because there is a decent correlation between alts and USD, so BTC up tends to mean alts down for the most part (long-standing for at least a year or so).

    If the value of a coin can be dramatically affected by a prank I doubt it has much value to begin with. That's my view.

    Quote
    The question has been asked if the rest of the dev team supports this kind of action and if we can expect more leaders shooting themselves and US in the foot?  I think it's an important thing for all of us to know and understand. Speak up developers!

    Personally, it wouldn't be something I would do. I think protesting against speculation and hype is actually being too affected by it and I prefer to ignore it all and focus on what I think is important. But that isn't what matters because I'm not fluffypony. I'm sure there are things I would do that he wouldn't.


    The value of a coin was just dramatically affected by the most unprofessional prank I have seen in the years I have been following crypto. Riccardo Spagni owes the community an apology. I doubt his words will be given much weight from here on out. This day will not be forgotten easily.
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  • CTTE
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    May 25, 2017, 02:51:44 AM
     #29428
    Quote from: paratox on May 25, 2017, 02:42:18 AM
    If people weren't greedy , this whole thing would have gone differently. If people would have just waited until they knew what the announcement is about, nobodies finance would have gotten hurt.


    That is an absolute "untruth"! I didn't change anything coming up to the "announcement" that I wasn't doing regularly. A bit of swing trading buying dips and selling peaks but miniscule amounts like 100-200 monero at a time.  But I hold a fair amount (for me) and the loss of value of my holdings was excessive, like almost a year's salary!

    So, how does that not hurt!

  • medusa13
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    hello world


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    May 25, 2017, 02:52:07 AM
     #29429
    really sad how all this turned arround.

    how fucked up is that Shocked

    im not sure i can and want to contribute to this project anymore.


    when we did the gui release, we always tried to keep fronrunning at a minimum and keep it correct, becasue it would bring shame over all the contributors if there is obvious insider action.

    now you invite the twitter idiot whalepanda and friends to short against the most vulnerable monero members, the new noobs that joined just 2017 ?
    just to teach them a lesson they would learn by themselfs anyway ?

    you put shame over all of us today.

    im dissapointed and kinda start to hope monero stays the fuck hobby project you guys want it to be so badly.
    XMR Monero

  • cAPSLOCK
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    May 25, 2017, 02:52:31 AM
     #29430
    Quote from: BitcoinNewsMagazine on May 25, 2017, 02:47:25 AM
    Quote from: smooth on May 25, 2017, 02:22:33 AM
    Quote from: CTTE on May 25, 2017, 02:15:37 AM
    Quote from: smooth on May 25, 2017, 02:00:59 AM
    Quote from: Zegra on May 25, 2017, 01:30:27 AM
    Also, I guess some Monero programmers get donations in XMR for their time by the community? Bit disrespectful to them unless price restores quickly. Fluffy is already rich so it's easy for him not to be affected.

    Agree on the narrow point. But looking at things more broadly...

    Do you realize that the Monero price is about where it was before the 'pre-announcement'? Or that Monero has fallen today less than Ripple or Stellar or Zcash?

    I'll let iCEBREAKER explain it to you since he does it better, but 'anti fragile' means that if anything fluffypony says or matters all that much, we're doing something wrong. Fortunately, it doesn't.

    (And to the extent that this stunt makes what he says or does matter even less, we're doing something right.)

    You can try to make the point that the price is still above the pre-announcement levels but, look at the trajectory, have you seen the number of very loyal people just selling their Monero and pledging not to come back?  There are a lot of people that were F'd with today and they won't forget it.

    The trajectory is that all coins are getting dumped because there is a decent correlation between alts and USD, so BTC up tends to mean alts down for the most part (long-standing for at least a year or so).

    If the value of a coin can be dramatically affected by a prank I doubt it has much value to begin with. That's my view.

    Quote
    The question has been asked if the rest of the dev team supports this kind of action and if we can expect more leaders shooting themselves and US in the foot?  I think it's an important thing for all of us to know and understand. Speak up developers!

    Personally, it wouldn't be something I would do. I think protesting against speculation and hype is actually being too affected by it and I prefer to ignore it all and focus on what I think is important. But that isn't what matters because I'm not fluffypony. I'm sure there are things I would do that he wouldn't.


    The value of a coin was just dramatically affected by the most unprofessional prank I have seen in the years I have been following crypto. Riccardo Spagni owes the community an apology. I doubt his words will be given much weight from here on out. This day will not be forgotten easily.

    An apology?  Fuck that.

    He owes them $100 million.

    That is not pretend money.  He intentionally set fire to other peoples money in the name of his ideals.

  • Hueristic
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    May 25, 2017, 03:11:42 AM
     #29431
    Quote from: CTTE on May 25, 2017, 01:42:33 AM
    Quote from: Igor76200 on May 25, 2017, 01:34:57 AM
    Quote from: Billy Bunter on May 25, 2017, 01:19:37 AM
    A certain faction of Monero people like to believe that if you don't 'get the joke' then you don't really understand what Monero is all about.

    It's bullshit.

    It's now the official narrative as retweeted by FluffPonzi "Judging by all the butt hurt on the #XMR hashtag and subreddit I'd say @fluffyponyza just got all the right people out of Monero"

    That's indeed horse crap. And ridiculous.
    Fluffy shot himself in the foot tonight.


    So, who gave him the right to decide who should be here and who shouldn't?  Especially if he is "not a leader in the Monero community" as he states, what right does he have to pull a stunt like this that affects the rest of us?

    He owes everyone involved here a sincere apology and a change of heart. So, what did He do back when the main dev for BCN became an Asshole?  He forked the code...

    Edit: Formatting...

    The morons who evangelized him gave him the right and if you are stupid enough to trade on his word then your the fool.
    “Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”

  • Wekkel
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    yes


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    May 25, 2017, 03:13:10 AM
     #29432
    So I guess the internals of Monero suddenly changed by a guy talking anarchy.
    ||► Resources
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  • paratox
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    May 25, 2017, 03:15:01 AM
     #29433
    Quote from: CTTE on May 25, 2017, 02:51:44 AM
    Quote from: paratox on May 25, 2017, 02:42:18 AM
    If people weren't greedy , this whole thing would have gone differently. If people would have just waited until they knew what the announcement is about, nobodies finance would have gotten hurt.


    That is an absolute "untruth"! I didn't change anything coming up to the "announcement" that I wasn't doing regularly. A bit of swing trading buying dips and selling peaks but miniscule amounts like 100-200 monero at a time.

    Maybe in your eyes. For me it is the truth, because I see daytrading as greedy behaviour.

    Quote from: CTTE on May 25, 2017, 02:51:44 AM
    But I hold a fair amount (for me) and the loss of value of my holdings was excessive, like almost a year's salary!

    So, how does that not hurt!

    If people waited, there wouldn't have been a pump this size and there wouldn't have been a dump this size(most probably). So how would you have lost money?

  • sui_generis
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    May 25, 2017, 03:16:47 AM
     #29434
    People would have lost the money anyway once this altcoin bubble bursts. Fluffy just made it happen more quickly, and in a more poignant way.

  • Hueristic
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    May 25, 2017, 03:21:34 AM
    Last edit: May 25, 2017, 03:59:40 AM by Hueristic
     #29435
    Quote from: medusa13 on May 25, 2017, 02:52:07 AM
    really sad how all this turned around.

    how fucked up is that Shocked

    im not sure i can and want to contribute to this project anymore.


    when we did the gui release, we always tried to keep fronrunning at a minimum and keep it correct, because it would bring shame over all the contributors if there is obvious insider action.

    now you invite the twitter idiot whalepanda and friends to short against the most vulnerable monero members, the new noobs that joined just 2017 ?
    just to teach them a lesson they would learn by themselfs anyway ?

    you put shame over all of us today.

    I'm disappointedand kinda start to hope monero stays the fuck hobby project you guys want it to be so badly.


    We disagree often but I have to say that I wholeheartedly agree with this sentiment. Smiley
    “Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”

  • goin2mars.
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    May 25, 2017, 03:29:04 AM
     #29436
    Kneejerk reactions of the poor souls undoubtedly considering self-defenestration and the sudden heated urge to plow all my remaining fiat into the market aside, I'm noticing increasingly erratic behavior among very specific people on a recurring basis and am finding myself wondering if they are uniquely correlated to each other beyond the obviously pumpy marketplaces.

    Also, has anyone given a feedback on how the meetup went, as opposed to how it didn't?
    me before: goo dot gl/QV7mhF
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  • Igor76200
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    May 25, 2017, 03:50:36 AM
     #29437
    https://www.reddit.com/r/Monero/comments/6d743a/insider_trading_questions/

    See, this is how XMR reacts. Look at the reaction of this Gingeropoulos dog.

    Monero have lost its reputation tonight. The lack of sense of public relation of the Team isn't helping. Who could have imagined to deal with such f... AMATEURS

    PS/ for all the barstood psychologists out there, I haven't buy in the fake pump nor lost a single penny. Actually I was holding a pack of XMR since the 10 dollar mark.
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  • TrueCryptonaire
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    May 25, 2017, 03:50:57 AM
     #29438
    Nice pump and dump guys!
    When I speak about raking money from you guys, days like these are the very ones I meant.

    Right now I am not seeing Monero going up but down.
    I hope nobody did margin long Monero, that is pretty much the worst thing to do.

    A few days ago I got a lot of hatred, and look what happened to Monero now..?  Grin

  • Adam D Levine
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    May 25, 2017, 03:54:23 AM
     #29439
    Quote from: KeyJockey on May 25, 2017, 02:01:19 AM
    I'm personally still trying to digest all of this and figure out what it means, long term

    It means continuing to use the cutesy 'Honeypony' when referring to monero could get you beaten up by a darknet gangster, and your lady raped with a whiskey bottle. Gangsters don't like losing money!

  • Hueristic
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    May 25, 2017, 03:59:11 AM
     #29440
    Quote from: KeyJockey on May 25, 2017, 02:01:19 AM
    Quote from: mnemonicsoup on May 25, 2017, 01:45:01 AM
    Food for thought:

    https://www.reddit.com/r/Monero/comments/6d6m4t/as_a_whale_i_support_ricardo_and_heres_why/

    https://www.reddit.com/r/Monero/comments/6d6mw3/my_opinion_on_ufluffyponyzas_move/

    I'm personally still trying to digest all of this and figure out what it means, long term, and FWIW, I HAVE NOT SOLD ANY OF MY XMR (yet?) DUE TO THIS...

    But ONE THING is for DAMN sure...

    People Are Going To Be Talking About This For YEARS...!  

    Crossposted:

    Quote from: Hueristic on May 25, 2017, 03:52:57 AM
    The problem is that Monero was gaining stability and being perceived as a non volatile store of wealth and this has shaken that foundation. That i believe is the true disservice that Ricardo has accomplished. Monero has always been above this type of behavior and that is another reason why it has shocked us so much.

    My tinfoil hat says he is looking to distance himself and this of course will certainly do that as well as remove him as the face but who can fill that vacuum? I think anyone that does is not going to like the position they find themselves in as I have no doubt TPTB have been making moves and being in the spotlight of the worlds best fungible coin can be (will become|all ready is) a terrifying place to be.
    “Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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