Quote from: rpietila on September 01, 2014, 12:52:03 PM

Quote from: wachtwoord on September 01, 2014, 12:22:15 PM

Quote from: rpietila on September 01, 2014, 11:07:15 AM

Quote from: smooth on September 01, 2014, 10:46:31 AM

Quote from: rpietila on September 01, 2014, 10:34:36 AM

Negative. Price turns down due to news or no news, coupled with great dumps that smash the support currently at ~400. If no support is found until 290, it breaks the rising bottoms trend, leading to further insecurity. Also Bitcoin starting to rise dramatically could lead to this outcome just because alts typically follow suit a little later. Likelihood 5-10%.

What is your opinion on the effect of BTC continuing lower? In the past few weeks we've seen BTC give up 600 after staying roughly in that range for a while (since May), and now it seems it might be giving up 500. I wonder what the effect of this might have on Monero.

Well personally it has made me buy more of it.. don't know about the others Wink

Perhaps this is a rationalized response to the primal urge to sell BTC, which cannot be done due to my resolution of not selling below 3000. Switching to something that is still crypto, has things going, and is going up, is not strictly breaking of the promise, right? Cheesy

Are you open to disclosing the order of magnitude of Monero you own? (as you have for Bitcoin).

Of course, feel free to ignore my question (I personally would not disclose it in the public forum).

Well, the following statement does not give any new information to the NSA as it is only parsed from public sources with necessary conversions:

- With Bitcoin, I have always since 2012-1-1 owned more than BTC2,400 although always less than BTC35,000.

- With Monero, I own more than 30,000 XMR but less than 227,000 XMR.

The usual "taxman disclaimer": "I" probably does not mean any entity that you can tax.

I always think it is really cool how open you are about your holdings. I'm not necessarily sure it's wise but you're a big boy who can make his own judgement on that

Anyway, the above figures imply that the current value of XMR you own is likely between 2.9% and 5.6% of the amount of XBT you own. (At it's most extreme it lies between 0.4% and 42.3% but I think my other range is highly likely to include the actual value).