Transaction rates in the cryptocurrency Monero, fell sharply after the software update that took place last Thursday, October 18.
The reduction comes on the platform's activation of a new form of highly anticipated encryption. Average Monero network rates fell from about $ 0.54 on Thursday, to about $ 0.021 cents on Saturday, Oct. 20, down 96 percent.
Along with the bulletproofs, the update, performed using a hard fork, contained other features intended to improve platform privacy, as well as new code to prevent manufacturers from building specialized mining hardware for Monero.
Topic: Monero (XMR) could pump hard next week (Read 158 times)
Monero is an anonymous coin and it's expected to survive all odds, pumps or no pumps. Really, I don't bate an eyelid whenever I hear or read about a coin getting pumped. Most times, this is all unnecessary FOMO. We shouldn't be worrying ourselves with all this. Let these coins with use case utility find their own pace themselves. And they definitely will.
I'm more interested about the work Tari will be doing, built on top of Monero and also contributing back, and how this could bring new use cases and adoption.
I doubt it will pump hard because of the network upgrade though, will be some other reasons
I doubt it will pump hard because of the network upgrade though, will be some other reasons
I wouldn't be surprised to see a pump with that coin. Monero is really one of the best coins that we have in the market now, and it has been really up to some good. So if I see a theory about the coin getting pumped anytime soon, I'll trust that. If this does happen, it would be a wonderful moment for its investors.
Labeled as a privacy coin, there are but better cryptocurrencies, like with Horizen which has a lot of more features than XMR
I wouldn't be surprised to see a pump with that coin. Monero is really one of the best coins that we have in the market now, and it has been really up to some good. So if I see a theory about the coin getting pumped anytime soon, I'll trust that. If this does happen, it would be a wonderful moment for its investors.
Usually, when the market would be stable or bullish, news like this one would really pump the price (even if for only for a short time). But the market we have right now is really unpredictable.
News like this go often unnoticed and 'cause of that really don't affect the price at all.
News like this go often unnoticed and 'cause of that really don't affect the price at all.
agreed, back in dec17 i still remember slight news will pump the coin significantly, now less often and less stronger compared back to last rally
bull market here to stay
If this is a real message then I think you can buy some. And MXR itself is a very mainstream coin, its popularity is actually very high, if there is some good news to stimulate it, then it is very likely to rise at least 10% -30%
Well, if this pump won't be followed by a dump then surely you should buy some, what can you lose?
"The coming few weeks will be interesting for Monero (XMR). That’s because there is an upcoming hard fork to the Monero (XMR) network that is scheduled for October 18th."
https://www.cryptoglobalist.com/2018/10/05/monero-xmr-could-pump-hard-next-week-heres-why/
https://www.reddit.com/r/Monero/comments/9lcdme/preliminary_information_thread_regarding_the/
buy or not?
https://www.cryptoglobalist.com/2018/10/05/monero-xmr-could-pump-hard-next-week-heres-why/
https://www.reddit.com/r/Monero/comments/9lcdme/preliminary_information_thread_regarding_the/
buy or not?
as long as the price hasn't risen, why not? I see this is an opportunity to get profit. I think it's too profitable to miss. so maybe I will go to the market right now to buy XMR.
Usually, when the market would be stable or bullish, news like this one would really pump the price (even if for only for a short time). But the market we have right now is really unpredictable.
News like this go often unnoticed and 'cause of that really don't affect the price at all.
News like this go often unnoticed and 'cause of that really don't affect the price at all.
one of the most promising and inspiring project in crypto market, we can easily say that hard fork will affect the price, but i am still afraid of market conditions
I hope that will be all. The prospects of the coin and the potential growth of its price are also influenced by the features and easy scalability of the network.
I think that in general, if you have noticed, it’s very active now that many projects are beginning to have a slight increase, which very much resembles a new wave of interest in cryptocurrencies.
"The coming few weeks will be interesting for Monero (XMR). That’s because there is an upcoming hard fork to the Monero (XMR) network that is scheduled for October 18th."
https://www.cryptoglobalist.com/2018/10/05/monero-xmr-could-pump-hard-next-week-heres-why/
https://www.reddit.com/r/Monero/comments/9lcdme/preliminary_information_thread_regarding_the/
buy or not?
https://www.cryptoglobalist.com/2018/10/05/monero-xmr-could-pump-hard-next-week-heres-why/
https://www.reddit.com/r/Monero/comments/9lcdme/preliminary_information_thread_regarding_the/
buy or not?
Jump to: