Re: [XMR] Monero Speculation

first and foremost, I would like to thank Risto (rpietila) for providing the liquidity that myself and my group of investors needed to dump at good prices. His spiel about low prices - even though the same logic has been applicable for 7 months or 210 days - gave us the liquidity catalyst to liquidate holdings near our cost basis.

Quote from: stslimited on February 23, 2015, 12:53:28 AM

can everyone with buy orders in the .0010 range move your bid orders up a bit higher, I'm trying to form a syndicate bid with a bigger buy wall closer to the International Best Bid Best Offer

I can take out the order at .0017 if someone else fills the order at .00161 , judging conviction before I start filling heavily. I can take out the higher ask because this is still below my cost basis.

no comment needed

He was involved in Labcoin (now worth 0), ASICMiner (now worth almost zero), posted about anoncoin (dead) and a bunch of other "cryptoassets."

He first starts posting in this thread (XMR) on or before July, 2014.
https://bitcointalk.org/index.php?topic=583449.msg8084343#msg8084343

So he probably got burned by XMR, too. Understandably, he feels frustrated and wants to pump XMR to make back some money, Sorry dude. I'm not interested in shitcoins or P&D syndicates. I didn't move my bids/asks the first time you asked. I didn't respond to your last pm. Yes, I'm an XMR heavy since Oct/Nov, so I'm not desperate nor am I interested in helping you make $100 or whatever kind of small-time bullshit money you're trying to make.

Those were actually all very good trades?

I sold the Monero position below my cost basis. It was actually a lot. If Risto disappeared then I couldn't sell without crashing the market. The volume was several hundred bitcoin, the last couple days, and my sells didn't crash the market they were eating up very well.

Do you know how I know you're not telling the truth? Because you said "those were all very good trades." There's not a single trader, including Warren Buffett who doesn't make bad calls. The first rule to making your tales of glory sound believable is to add some slight failures. Some hiccups along the way. You need to craft a story with emotional depth that draws the reader in. If you had said "It's true that I lost some money on X, but my gains in Y and Z were 10x my losses on X" then I might actually have a sliver of a doubt that you weren't full of shit. You have a lot to learn if you want to walk the path of the fraudster. But I suggest you turn back now. It will bleed into every aspect of your life, not just business, and ultimately it will lead to misery. But I guess your life may already be miserable. So you figure "Things really can't can't get worse, can they?" They can.