[XMR] Monero Speculation - page 1030.

Febo

legendary

Activity: 2744

Merit: 1288

@N-rG
Is good to see that Elissa-Yamaha who was a month ago quite negative towards Monero decided to give it a try.
With last 2 weeks decrease in price of course people who have some XMR lost soem value, but when XMR grows will gain. Same as they did a month ago.

There are now 8-9% vendors on Alpha Bay offering sales in Monero? That is huge if you ask me way over my expectations. I would expect drastic drop from first hype. But it seems i was wrong.

Quote from: weilichesbin on October 04, 2016, 04:32:17 AM

That means that Monero isnt longer the Money for the Darknet?

Monero was recognized by darkmarkets as most anon crypto. But Monero is not Money of the Darknet, but Money of the new Elite.

Quote from: adolf512 on September 29, 2016, 10:26:05 AM

Looks like it is correcting, i guess between 0.014 and 0.013 (lost 100$). My guess is that the price will remain stable for a while and maybe later increase a lot.

Seems you were right from you very first post in this thread. Sadly you added quite soem more latter.

Usually increasing number of newbie or rarely used accounts with sudden increased activity posting in this thread brings only one thing.

In the mean time from Monero-dev IRC

[monero] fluffypony closed pull request #1159:
[monero] fluffypony closed pull request #1140:
[monero] fluffypony closed pull request #1149:
[monero] fluffypony closed pull request #1162:
[monero] fluffypony closed pull request #1163:
[monero] fluffypony closed pull request #1171:
[monero] fluffypony closed pull request #1125:
[monero] fluffypony closed pull request #1165:
[monero] fluffypony closed pull request #1175:
[monero] fluffypony closed pull request #1177:
[monero-core] fluffypony closed pull request #22
[monero-core] fluffypony closed pull request #30:
[monero-core] fluffypony closed pull request #31:
[monero-core] fluffypony closed pull request #32:
[monero] fluffypony closed pull request #1181:
[monero] fluffypony closed pull request #1180:

cryptimus prime

hero member

Activity: 493

Merit: 551

N-rG dude I have no time to write full time here like you, dance on for us. Wink

Mast0rmind

full member

Activity: 204

Merit: 101

Quote from: alphahacktivist on October 04, 2016, 07:52:35 AM

Quote from: explorer on October 03, 2016, 06:37:55 PM

Quote from: alphahacktivist on October 03, 2016, 06:23:21 PM

Next stop is 0.032 then back to 0.019- 0.021

What indicators lead you to this conclusion? True, there are currently only 6500 BTC in sell orders between here and there, but it might still take some doing when more are added en route... Time frame?

a few weeks. all you need to believe in monero is look at its reddit page. everyone is developping something.

easymonero.com is a fiat to xmr pair like localbitcoins. true they are not yet ready, but they are working on it. always asking for help about what the community wants. they are even trying to develop a secure way of transaction. successful or not. they are trying. several people are jumping to build the gui wallet. the difference between eth, btc and xmr is eth has no values, just whales bailout. btc has no community, just usage. and xmr has found new use and adoption as well as a great community. true. it might be years before btc price is reached. but it also just needs 2 things for btc to collapse. 1. chineese govt ban btc exchangers. darknet transactions no longer safe in btc. the former is in discussion, the latter is on trial. remember china holds 85%-90% of the whole btc transactions.

+1

N-rG

sr. member

Activity: 434

Merit: 250

lol you notice what you post here?

There are vendors who discussing why XMR failed and why they are not going to use it (is that smart to post that with you long position?) and this vendors just agreed and explained why.

Random Vendor said:

Quote

Suddenly you don't have any sales anymore. Which is terrible if you want to have some continuity in your business.
50 or 100% price swings if we would start using Monero would just be horrible.

and this

Quote

being myself a user of lotmixing.org where i have swapped (they dont mix they swap) over 200 btc recently. i see no whatsoever use of monero. i dont understand it. i cannot save it to myself. there is no real stability. investors are pumping then will be dumping. same happened to etc, everybody was cheering then the dump happened and people lost lots of money. investment based i think the admins of those markets just saw an opportunity to bullshit people. they started a fud campaign, bought monero by the thousands and thousands. spread the news and the coin got pumped. there is still 7days left. they can then say, you know what we are not able to set up a proper wallet on the market. thus the coin get dumped. the admins buy again wait for a week and then implement the wallet and re implement monero again. thus spiking the price again high up.
who are going to be profitable? just the admins of those markets who are holding large amount. then will dump and crash the market and rebuy again for huge profit.
bitcoin is enough. play with other coins but dont put your heart into them.

Elisa replied:

Quote

Yeah exactly, for now for us, as vendors, it would be gambling instead of doing business.

Thats exactly what this vendor wrote me, nothing less or more.

Vendors are losing a lot of money with XMR and thats why they are no longer support it. Sorry buddy but you really have to work at your reading skills Wink

Do it again

Quote

checked the board of AlphaBay.

Still no positive response about working XMR withdrawals.
Moreover the number of vendors accepting Monero is still low to decreasing:

Setting:

Stimulants - Speed
Level 5 - 10

Monero: 39
Bitcoin: 405

= 9,62%

XTC - Pills
Level 6 - 10

Monero: 40
BTC: 450

= 8,88%

Moreover I asked a vendor who offered both coins hows about XMR, thats the answer:

alphahacktivist

full member

Activity: 235

Merit: 100

Quote from: explorer on October 03, 2016, 06:37:55 PM

Quote from: alphahacktivist on October 03, 2016, 06:23:21 PM

Next stop is 0.032 then back to 0.019- 0.021

What indicators lead you to this conclusion? True, there are currently only 6500 BTC in sell orders between here and there, but it might still take some doing when more are added en route... Time frame?

a few weeks. all you need to believe in monero is look at its reddit page. everyone is developping something.

easymonero.com is a fiat to xmr pair like localbitcoins. true they are not yet ready, but they are working on it. always asking for help about what the community wants. they are even trying to develop a secure way of transaction. successful or not. they are trying. several people are jumping to build the gui wallet. the difference between eth, btc and xmr is eth has no values, just whales bailout. btc has no community, just usage. and xmr has found new use and adoption as well as a great community. true. it might be years before btc price is reached. but it also just needs 2 things for btc to collapse. 1. chineese govt ban btc exchangers. darknet transactions no longer safe in btc. the former is in discussion, the latter is on trial. remember china holds 85%-90% of the whole btc transactions.

cryptimus prime

hero member

Activity: 493

Merit: 551

Relax boy. Do you really think your 24h speech can influence anybody influential here? Or do such persons amuse themselves? Grin

Regarding DNM, everybody can google and do a search for himself and discover what I posted, but here are some posts a month ago:

https://www.reddit.com/r/DarkNetMarkets/comments/50i1zn/who_else_is_going_to_be_using_monero_from_tomorrow/d746sk3?st=itvgohzy&sh=90387579
https://www.reddit.com/r/DarkNetMarkets/comments/4z26f3/why_i_will_not_accept_xmr_monero_as_a_vendor/d6sazoa?st=itvgnb6g&sh=c6d6d888

So who is now lying boy?
Relax and show us again how "much" money you made and how you will teach people trading and not to be poor. Cheesy

Jungian

legendary

Activity: 930

Merit: 1010

Quote from: N-rG on October 04, 2016, 07:08:15 AM

Quote from: cryptimus prime on October 04, 2016, 06:44:24 AM

I have read around on DNM-reddit during the XMR price rise and the DNM announcement. What N-rG does not say is that the same vendor he cites here was anti-XMR from the very beginning.

Guess N-rG is just heavy in a short and sweating. The dumbest move is to show it so obvious, so everybody can see it.
But yes, some guys think XMR-whales are not so smart like them. Roll Eyes

Give proof or stop lying. Everyone here can make proof of the market development. So i gave valid information.

Now its your turn.

Give us the reddit link.

Edit: https://www.reddit.com/user/Elisa-Yamaha

So guys pay attention where you invest. Obviously ppl. like cryptimus Mast0rmindare either the same person or two guys with long positions and try to play their game.

It sounds reasonable. The meme that's being going around the community is that BTC is no longer secure. This is probably untrue. Vendors with reasonable op-sec is still serviced fine by BTC.

The DNM-pump was that.. an obvious pump. Alpha Bay even told users to buy, and they obviously need to unload some time. Hard to know their timeline for this.

Remains to see if it sticks around the DNMs, but I would not be suprised if the markets drop XMR slowly and won't pick it back up until it's needed more urgent. And for that to happen we'd have to see much more busts due to lack of privacy in BTC. But fungebility in BTC will improve over time also, so maybe XMR will never be needed.

Remains to be seen.

N-rG

sr. member

Activity: 434

Merit: 250

Quote from: cryptimus prime on October 04, 2016, 06:44:24 AM

I have read around on DNM-reddit during the XMR price rise and the DNM announcement. What N-rG does not say is that the same vendor he cites here was anti-XMR from the very beginning.

Guess N-rG is just heavy in a short and sweating. The dumbest move is to show it so obvious, so everybody can see it.
But yes, some guys think XMR-whales are not so smart like them. Roll Eyes

Give proof or stop lying. Everyone here can make proof of the market development. So i gave valid information.

Now its your turn.

Give us the reddit link.

Edit: https://www.reddit.com/user/Elisa-Yamaha

So guys pay attention where you invest. Obviously ppl. like cryptimus Mast0rmindare either the same person or two guys with long positions and try to play their game.

owaisted

newbie

Activity: 24

Merit: 0

Quote from: sandiman on October 03, 2016, 03:02:35 PM

Quote from: Globb0 on October 03, 2016, 02:36:55 PM

Volume and price are intrinsically linked. Traditional crypto coin knowledge is volume drives price.

When I look at it though I always also see volume on the dumps so Im not sure its the only measure you should use.

Dump volume had more volume on the shorter time frame as they broke significant support (thus higher volume shows signs that this break out will be valide). Nonetheless, volume on the uptrend were much higher as you they were characterizing a strong emotion (FOMO). In a continued down trend, volume doesn't need to be that high to validate the bearish scenario (fear is a slow increasing feeling, usually downtrend ends on what is called "capitulation", point at which you'll see exponentially rising volume on a short amount of time, fear is here at is paroxysm).

Thanks. I have been looking at these and trying to understand Monero price movements. My generalizations shows trends but then there are strong movements against it, which proves that my hypothesis is far from valid. I think I have to add more factors to it for better understanding. Do SMAs and EMAs help reveal trends?

obit33

sr. member

Activity: 514

Merit: 258

Quote from: robbieburns on October 04, 2016, 06:50:18 AM

The thing is it may take some time for monero to get established but it still has the edge over bitcoin in terms of traceability.

More edges than that: adaptive blocksize with the tail emission for example... bitcoin is still figuring out if, when and how they will tackle that problem... thus bitcoin is f-ing slow sometimes, sometimes I have to wait for 45 minutes + untill a transaction is sufficiently confirmed...

Will not even begin to talk about problems like mining-centralisation, the way btc is politicized at the top etc...

But I like what I'm reading, the overly bullishness is gone and people are looking only at price and forgetting the bigger picture... xmr isn't just some altcoin like the dozens others

unlike pumps of other shitcoins, xmr has great fun-durr-mentals... it's the first fungible digital cash for god's sake!!!!

best regards

Mast0rmind

full member

Activity: 204

Merit: 101

Quote from: cryptimus prime on October 04, 2016, 06:44:24 AM

I have read around on DNM-reddit during the XMR price rise and the DNM announcement. What N-rG does not say is that the same vendor he cites here was anti-XMR from the very beginning.

Guess N-rG is just heavy in a short and sweating. The dumbest move is to show it so obvious, so everybody can see it.
But yes, some guys think XMR-whales are not so smart like them. Roll Eyes

+1

robbieburns

newbie

Activity: 34

Merit: 0

Quote from: cryptimus prime on October 04, 2016, 06:44:24 AM

I have read around on DNM-reddit during the XMR price rise and the DNM announcement. What N-rG does not say is that the same vendor he cites here was anti-XMR from the very beginning.

Guess N-rG is just heavy in a short and sweating. The dumbest move is to show it so obvious, so everybody can see it.
But yes, some guys think XMR-whales are not so smart like them. Roll Eyes

Figures.

robbieburns

newbie

Activity: 34

Merit: 0

The thing is it may take some time for monero to get established but it still has the edge over bitcoin in terms of traceability.

There will eventually be situations where the lack of privacy of bitcoin leads to criminal charges (deserved or undeserved), utilization of information to link purchases to various individuals (loss of face, maybe exploitation for marketing or other targeting) due to this lack of privacy. Then monero will be front and center stage again.

It does seem that there are other issues, e.g. lack of a gui and perceived usability (even though the command line interface is pretty simple all things considered), also the transaction fees are rather steep apparently. These will be less important once people realize that there are situations where privacy is paramount (and this will be clearer when there are cases with clear precedent that have yet to present themselves).

mfqrs3

sr. member

Activity: 419

Merit: 250

Quote from: N-rG on October 04, 2016, 06:31:52 AM

Quote from: mfqrs3 on October 04, 2016, 06:29:53 AM

@N-rG

What's your point ?

DNM accepts XMR -> +1000%
DNM flushes XMR -> -1000%

So what ? Trying to do a community favour ?

cryptimus prime

hero member

Activity: 493

Merit: 551

I have read around on DNM-reddit during the XMR price rise and the DNM announcement. What N-rG does not say is that the same vendor he cites here was anti-XMR from the very beginning.

Guess N-rG is just heavy in a short and sweating. The dumbest move is to show it so obvious, so everybody can see it.
But yes, some guys think XMR-whales are not so smart like them. Roll Eyes

N-rG

sr. member

Activity: 434

Merit: 250

Quote from: mfqrs3 on October 04, 2016, 06:29:53 AM

@N-rG

What's your point ?

DNM accepts XMR -> +1000%
DNM flushes XMR -> -1000%

mfqrs3

sr. member

Activity: 419

Merit: 250

@N-rG

What's your point ?

N-rG

sr. member

Activity: 434

Merit: 250

checked the board of AlphaBay.

Still no positive response about working XMR withdrawals.
Moreover the number of vendors accepting Monero is still low to decreasing:

Setting:

Stimulants - Speed
Level 5 - 10

Monero: 39
Bitcoin: 405

= 9,62%

XTC - Pills
Level 6 - 10

Monero: 40
BTC: 450

= 8,88%

Moreover I asked a vendor who offered both coins hows about XMR, thats the answer:

nioc

legendary

Activity: 1624

Merit: 1008

Well, I am doing my morning ritual checking out all things Monero and I checked this thread. I was going to write about what I found here but instead I will just say it made me laugh out loud in real life. See... Cheesy

Carry on

PantminerS7

full member

Activity: 165

Merit: 100

Quote from: CoinCidental on October 04, 2016, 03:48:06 AM

Quote from: novag on October 04, 2016, 02:58:57 AM

Price can jump to 0.03 in this month.

Shhhhhh.... Don't tell them that....
Monero is dying lol
Run for your lives!
Tards Roll Eyes

XMR community - where the FUD is so obvious it's a joke... or is it?

Topic: [XMR] Monero Speculation - page 1030. (Read 3314350 times)