Did you guys realize that we are THE top thread in altcoin speculation? Take a look https://bitcointalk.org/index.php?board=224.0;sort=replies;desc Not just a little bit. By a fucking mile. 37k replies to 8k runner up. 
It's easy to forget.
Brilliant.
Thanks for all the replies (and friendly PMs too...what a lovely bunch you are!).
So, does this airdrop thing mean I'm suddenly going to have a huge pile of coins appear from nowhere (ala BCH)...I imagine not since this would have pushed demand and the price wouldn't be going south.
Anyway, I'll keep HODLing and try not to get too depressed looking at teh charts.
Thanks for all the replies (and friendly PMs too...what a lovely bunch you are!).
So, does this airdrop thing mean I'm suddenly going to have a huge pile of coins appear from nowhere (ala BCH)...I imagine not since this would have pushed demand and the price wouldn't be going south.
Anyway, I'll keep HODLing and try not to get too depressed looking at teh charts.
Meh, we all know the charts change with the wind.
I didn't hedge XMR specifically. I hedged my whole crypto portfolio in a way by selling my bitcoin when it started falling hard and putting in a stop order at the price that I sold it at. So worst case scenario, if it stops falling and going back up the exchange will automatically buy it back at the same price that I sold. No fancy contracts or anything. I cant even get on bitfinex being an american. Either way though it makes me feel so much less stressed about both the decline in bitcoin and monero.
Thanks for the precision. So if I understand correctly you simply:
1- hodl when you think it will go up
2- sell your coins and buy them back (if they return to previous level) when you think it will go down
advantage = you don't lose if the coin never recovers. You can still change your buy order if you think the coin bottomed
?
I thought you were opening short positions which is common on FOREX. I have searched for solutions but I never found a cheap/convenient way to do that with cryptocurrencies.
I would recommend to never short XMR, it's real easy way to lose, when it spikes it will smack you every time. In the long run you will do much better holding, even longing is dangerous.
...
Also, unrelated, apparently halong had one too:
https://twitter.com/HalongMining/status/974189005712576512?s=19
Also, unrelated, apparently halong had one too:
https://twitter.com/HalongMining/status/974189005712576512?s=19
Vaporware me thinks.
10x airdrop, >5% premine
so extrapolating, 5%*10=50% (it says greater than too
)a dev pre mine of half the size of monero in total.
[Garbage Image}
This sounds about right, excellent representation but I think this shot may be more representative (hint: where's waldo).
If the ASIC miners were mining for quick profit they may have consumed a lot of buy pressure the last 6 months by selling as they mined it
If more "holder types" mine Monero after the fork it could change the price a bit, less than 5 XMR reward for each block now. The asics could have been taking up to half of available mined coins
If more "holder types" mine Monero after the fork it could change the price a bit, less than 5 XMR reward for each block now. The asics could have been taking up to half of available mined coins
2True, I think we all knew this was going on just from the hash rate increase.
Without looking anything up,
100 days x 24 hours x 30 blocks/hr x 5 XMR=360 000
I'm on a boat, with too many distractions, so that may be fucked up...
Damn, there went my last paper wallet overboard! Now see what you've done!
100 days x 24 hours x 30 blocks/hr x 5 XMR=360 000
I'm on a boat, with too many distractions, so that may be fucked up...
Damn, there went my last paper wallet overboard! Now see what you've done!
Just Lol...