Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Hueristic
on 17/06/2016, 17:38:10 UTC
If I didn't know better I would think coins are appearing from nowhere.

8600/day or so?


I'm aware how many are being created a day, I don't see your point with that comment. The consistent down pressure seems far higher long term than the emission and even if it was equal to the emission then I find it hard to believe all new coins are dumped. Every single time there is a breakout there is a dump, I just cannot figure out why anyone would want to intentionally suppress the price like that (especially if they have the coins to do it: it flies in the face of self interest) and I think it's fanciful to believe it's some other coins troll.

I cannot come to terms with somoneone/somegroup acquiring over time just for price suppression and I cannot think Of any logical reason except to slowly siphon from the cap unless they hold massive hoard which by now should have been absorbed. Unless you have a different theory?

BTW, I bolded the qualifier for you.

Last month this was not there anymore. That is what looked so different compared to last 6 months.

I'm not quit following what you mean by "this was not there anymore"?


DAO hacked, apparently using recursive calls to split (i.e. withdraw ETH). Interesting times ahead. Crypto never fails to disappoint.

Shit why didn't this happen 2 days ago when I could have shorted Eth. Sad

I would have much rather using margin to do that than cash out, but then again if something happens to polo because of this then I am protected as a side effect.

Anywhere safe to short it with usd?