Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Announcements (Altcoins)
Re: [BBR] Boolberry: Privacy and Security - Guaranteed[Bittrex/Poloniex]GPU Released
by
drawingthemoon
on 05/09/2014, 11:28:52 UTC
Quote from: windjc on September 05, 2014, 07:44:49 AM
Quote from: pinky on September 05, 2014, 06:49:04 AM
Quote from: aminorex on September 05, 2014, 05:06:01 AM
To short BBR, you need to find someone who will loan it to you.  The interest rate will probably be exhorbitant.  When I shorted I did fairly well but paid out a large chunk as interest.  My short performance was degrading rapidly at the end, which means I was taking increasing risk, so I lost interest.  Also I think I was making volatility worse, rather than better, at the end, which is bad for BBR, so I knew it was time to stop.  Good mean-reversion strategy performance should result in lower volatility in the underlying.  If it is doing the opposite, you're doing it wrong - or you're trading momentum.  I may do again, but not until I have more clarity on the fundamental and technical situation in BBR - which may never happen since it is just not very interesting to me. I want to buy future reserve currency, stack it high, and hold it long.  Anything else is just a distraction.
 


I bet he was not the only one. Nothing wrong with shorting, but understand they were trying to kill BBR. They were willing to take loses with BBR, because they gain with huge position (+50k) in XMR. As he put it, only XMR, the rest are only distraction. Grin

Absolutely they were. Arrogance. BBR, which I wish it would be renamed, should have the same market cap as XMR.


At least finally people are getting it. There is BIG money involved with BTC whales in Monero and they don't understand, speak or want to engage in a language that jl777 et al want to speak. They normally have given backhanded speeches about BBR but in reality want to see BBR gone and gone asap. They do have some portion of their money allocated to financially hurt BBR which is why I think communities will come and rally around BBR.

Aminorex in collusion with smooth (who is just a smooth talker imo) are now resorting to just malign zoidberg personally since other attacks against BBR are not working out.

jl777 has got it all wrong with this brother/brother mantra. They are not interested in it. The ones who might be interested are suppressing their enthusiasm due to maybe having to go with the more powerful and or having much stronger position in XMR. Watch out for their snake oil language like "oh now I am so disappointed in you zoidberg", "BBR is just a pnd for me" etc etc ....