Thanks smooth, ok I wasn't sure what those numbers were referring to. This is the issue, what was it bitfinex?, that was holding 2 of three keys and the second was a rubber stamp and thats why they got hacked right? So is that why Surae is going to be adding 5 keys?

BTW Kraken update email today. I just can't trade there the margin interface is too clunky and I can't put a order in fast enough. Impossible to snipe a a long after a dump there with the frontend.


Is there any API Gui's for Kraken or polo that is freeware that anyone can recommend? I only hold about 10 xmr but want to continue to trade it to grow it. I started with dust again and just add my sig campaign every week.

BTW Polo support never answered my ticket on the longs they screwed me out of but I have been assured from other sources that it has been kicked up to the correct tier.

Contrary to popular opinion I quite like HitBTCs user access.. which browser are you using?  Fine on Chrome.

There is support and buy pressure to push the price to 0.02 BTC https://www.coingecko.com/en/price_charts/monero/btc

Here’s Why "Don’t Buy Monero" Should Now Be Retired.

Anyone with even just a basic understanding of astrophysics knows that in order for a rocket to get to the moon it requires the passing of multiple stages: construction, ignition, liftoff and the dispensation of various different modules of the rocket before the final zero-gravitational stretch of just the moon-lander. (Or there abouts.)

The “Don’t Buy Monero” meme is one of those stages that has served us well as we continue our journey through the cosmos, but now has the potential to be a detriment and requires separation.

It was a wise-warning spawn out of responsible consideration for investors in an age where such investors might throw money at anything, with little consideration as to whether the technology was stable, secure, credible and of a moral foundation.

The basic understanding was: Look, this technology is experimental. You are not buying an iMac here. Anything, at any point in time could go seriously wrong and your “investment” would be genuinely at peril.

One only has to look at the recent CoinDash farce to appreciate how easily such calamities can arise, which is exactly the reason why Monero has consistently erred on the side of caution without the evangelical “Buy Me Buy Me” approach that typically tends to surround most projects in this space.

However, the counterpoint to this understanding is one of perceived confidence: “We don’t have the confidence in our project and neither should you so don’t invest.”

There is a point at which this projectable lack of confidence within a meme becomes detrimental to our long-term mission, particularly if combined with other memes that haven’t arisen from within, but elsewhere from nefarious actors, and wouldn’t be able to be detected as separate memes from the cursory glances of casual newcomers. (For example: “Don’t Buy Monero…. because MoneroLink” etc).

There is a point where we have to be able to say “Okay, we are now approaching a stage where we feel that the technological foundations of Monero are such that the usual common sense approaches to investing apply. We are confident that the Monero blockchain is reaching a stage where yes, you *can* trust this with your life as often cited as the example case-usage, and yes, in its capacity as a storage of wealth - a currency - it now has the supremacy over its competitors with a view for it being trusted as such.

I’m not necessarily advocating a complete U-turn and waving the “Buy Monero!” flag. But as the rocketship continues its mission and we can afford to make strategic dispensations with redundant novelty sound-bites, a progressive and intelligent rephrasing of our position could, and should, start to occur.

(In my opinion.)

Shift Gears

It is still reasonable general audience advice. In one interview, I heard fluffypony add something to effect of "If you are an extreme speculator then sure go ahead and speculate". For anyone else, the advice is perfectly okay. This is not a proven asset, it isn't in a proven asset class. There can be bugs that completely destroy the currency.

As for "extreme speculators", I question how many people really are that. Extreme speculator to me, means that you know that your investment has a significant chance to lose all or most of its value and accept that when buying in. That takes significant financial and emotional preparation and resources. How many people here on the speculation thread raise a stink and declare XMR dead every time the price drops by 20-30% (still 70-80% less of a drop than the the full-loss scenario)? What happens when we see a 90% drop, as has happened to XMR before, and to BTC multiple times?

How about, "If you are going to be upset when your investment loses 20-30% of its value (not to mention 90% or more), then don't buy Monero"? In practice that's going to be the same thing for most of the audience.

…and the general ball-park of caution responsibility is fine. But when memes start appearing on Twitter where the words “Don’t Buy Monero” feature heavily (without context) then there is the potential for a problem… and protagonists of those words (if intended positively) need to reflect very carefully whether it will be received in the manner in which it is delivered.

There’s a big difference between offering responsible speculative advice, and inadvertently creating a confused and auto-toxic meme that will only hinder the project later on.

Specifically: As Monero’s promotional dimension moves into the arena of television interviews, we don’t want the host’s last words to be: “You heard it hear folks… Don’t Buy Monero.”

No disagreement on the substance of that point...except for the fact that none of those other crypto currencies are our particular concern and people don't ask usually ask fluffypony whether they should buy them.