Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
luigi1111
on 28/03/2016, 16:20:52 UTC
This coin is in all the wrong hands you can imagine.
In your view, who are these wrong hands and why do they own the coin?

Actually the more interesting question is how does slapper know who owns what amount of XMR?

Nice play on words there ArticMine, but you know well that I am not knocking on the tech or development work (some dev personalities, maybe, but I am appreciative of work).

smfuser, seems like you have been suckered into this coin, so you may not know the complete 2 year history. You don't have to know who is dumping, just look at charts for last 2 years. Welcome to dump city.

Seems to me "dump city" is likely to correspond quite well with the emission (haven't tried to fit the two together, just speculating).

Alienating significant audience in bitcointalk and potential backers due to abrasive trutherism in the forums and social media had nothing to do with it.  Roll Eyes After all there are no other chains with more coins emitted already with more value/coin right?  Angry Huh

XMR has an emission schedule on the aggressive side, thus has (and has had for its entire life) plenty of new supply for miners to sell. This will slowly change as more are emitted. Whether price will follow is of course another matter entirely.

This is probably (tm) unrelated to any "abrasive trutherism", though I don't discount that such has had some effect on historical pricing. Everyone on (the great) Bitcointalk being friendly unicorns and existing in perfect harmony wouldn't have had much effect on the new daily supply available to sell, however.