5 min ago a 233btc buy of a sell wall 
Exciting isn't it. I sure think so.
Topic: [XMR] Monero Speculation - page 1095. (Read 3314330 times)
Exciting isn't it. I sure think so.
5 min ago a 233btc buy of a sell wall
OK. It is about time to take my play money off the sidelines and shovel it in. Can't win without trying. I like that the swing trading over the last couple weeks has been lucky enough for me to replace all the Bitcoin I used to invest in Monero for my crypto nest egg. But without risk there are not great rewards. Soon now we should see a pretty large move one way or the other in my humble opinion.
Acceptance in AB
I did a little search for products that you can buy with MONERO and found a 28% to 56% acceptance depending on types of markets.
I did a little search for products that you can buy with MONERO and found a 28% to 56% acceptance depending on types of markets.
Just curious, could you tell us more about what kind of markets? It would really be interesting to get kind of a brief "report" on how adoption is going on DNM's
A quick search on AB shows: (I can't seem to figure out how to see how many vendors vs btc)
50 pages of 50 listings each (That's max shown) all accepting XMR. So, that's ... Quite a large number, IMO. The integration is there, it's on the front page etc etc... I think we have a winner here! Also, it looks like it's in use for all different kinds of products over there but I really didn't spend much time - not really my thing, but was too curious.
Nice, but did you check and see if the majority of the vendors that were accepting XMR were offering discounts/more bang for your buck if people would pay in Monero? Last time I heard a report on what was going on on AB or Oasis that's what the majority of vendors were doing.
No I did not dig into discounts.. I am kind of afraid of snooping into these markets. All I did was a search for different items selecting the Monero option as currency and selecting the "Any Currency" option to obtain the results.
Since my search was for items, I dont know how many vendors are there and what percentage accept Monero.
PETER TODD ON XMR: https://cointelegraph.com/news/the-fbi-wants-zero-privacy-security-bitcoin-community-should-protect-its-freedoms
Anyone else notice CoinTelegraph is starting to look more and more like CoinDesk?
yeah... All these sites are just clones I think sometimes.
Either way, good article/press.
PETER TODD ON XMR: https://cointelegraph.com/news/the-fbi-wants-zero-privacy-security-bitcoin-community-should-protect-its-freedoms
Anyone else notice CoinTelegraph is starting to look more and more like CoinDesk?
Acceptance in AB
I did a little search for products that you can buy with MONERO and found a 28% to 56% acceptance depending on types of markets.
I did a little search for products that you can buy with MONERO and found a 28% to 56% acceptance depending on types of markets.
Just curious, could you tell us more about what kind of markets? It would really be interesting to get kind of a brief "report" on how adoption is going on DNM's
A quick search on AB shows: (I can't seem to figure out how to see how many vendors vs btc)
50 pages of 50 listings each (That's max shown) all accepting XMR. So, that's ... Quite a large number, IMO. The integration is there, it's on the front page etc etc... I think we have a winner here! Also, it looks like it's in use for all different kinds of products over there but I really didn't spend much time - not really my thing, but was too curious.
Nice, but did you check and see if the majority of the vendors that were accepting XMR were offering discounts/more bang for your buck if people would pay in Monero? Last time I heard a report on what was going on on AB or Oasis that's what the majority of vendors were doing.
No I did not dig into discounts.. I am kind of afraid of snooping into these markets. All I did was a search for different items selecting the Monero option as currency and selecting the "Any Currency" option to obtain the results.
Since my search was for items, I dont know how many vendors are there and what percentage accept Monero.
Acceptance in AB
I did a little search for products that you can buy with MONERO and found a 28% to 56% acceptance depending on types of markets.
I did a little search for products that you can buy with MONERO and found a 28% to 56% acceptance depending on types of markets.
Just curious, could you tell us more about what kind of markets? It would really be interesting to get kind of a brief "report" on how adoption is going on DNM's
A quick search on AB shows: (I can't seem to figure out how to see how many vendors vs btc)
50 pages of 50 listings each (That's max shown) all accepting XMR. So, that's ... Quite a large number, IMO. The integration is there, it's on the front page etc etc... I think we have a winner here! Also, it looks like it's in use for all different kinds of products over there but I really didn't spend much time - not really my thing, but was too curious.
Nice, but did you check and see if the majority of the vendors that were accepting XMR were offering discounts/more bang for your buck if people would pay in Monero? Last time I heard a report on what was going on on AB or Oasis that's what the majority of vendors were doing.
Acceptance in AB
I did a little search for products that you can buy with MONERO and found a 28% to 56% acceptance depending on types of markets.
I did a little search for products that you can buy with MONERO and found a 28% to 56% acceptance depending on types of markets.
Just curious, could you tell us more about what kind of markets? It would really be interesting to get kind of a brief "report" on how adoption is going on DNM's
A quick search on AB shows: (I can't seem to figure out how to see how many vendors vs btc)
50 pages of 50 listings each (That's max shown) all accepting XMR. So, that's ... Quite a large number, IMO. The integration is there, it's on the front page etc etc... I think we have a winner here! Also, it looks like it's in use for all different kinds of products over there but I really didn't spend much time - not really my thing, but was too curious.
Acceptance in AB
I did a little search for products that you can buy with MONERO and found a 28% to 56% acceptance depending on types of markets.
I did a little search for products that you can buy with MONERO and found a 28% to 56% acceptance depending on types of markets.
Just curious, could you tell us more about what kind of markets? It would really be interesting to get kind of a brief "report" on how adoption is going on DNM's
Like i said earlier, let's wait for the weekend, if this stepping down continues in the same manner, we will reach 0,017 by saturday, think about it...
You can quote me if you succeed... i will quote you if you dont succeed
Fair enough +1
14 minutes left at Saturday and 1942 BTC to 0.0179 ... seems you were wrong
I have an impression that cthulhu has more coins than Leviathan..?
There is no market dark enough.
I sold a week ago. Still holding a small amount. It was a very good move. But now i want you to dump more so i can buy rather lower.
The first reason was that it was going too fast and eventually it would have a correction. As it did though i expect a bigger one.
The second reason was that i really couldnt keep up with watching it. It was taking too much time from my life. Actually it was probably the anxiety
I see for so much time very good work being done. And i see for 10 months now only good news. The project continues to be serious, productive and is actually fun! If you know what i mean. I dont think that we have passed the point where we can say that monero would never die but i really can imagine a bright future.
So right now my bets are in a dump because
a)I would argue that it needs a bigger correction for weak hands to leave (i might be the weak hands) and whales to accumulate more,
b)btc seems bullish and all altcoins dump when this happens (although monero has held some times or was bullish in the same time),
c)zcash is coming for which although i think it will eventually be a massive flop there will also be too much hype at the start and too much fud against monero (long term monero will win again as it has done with every single coin ever trying to compete(i can count at least 10)).
d)I believe that i see a few signs of greed after justified enthusiasm.
In any case, if it goes to the moon right now (which is really not that far fetched) so be it! I will still be happy for the project, my good profit and my small xmr amount i still hold.
About monero status app, yeah unfortunately i cant persuade my friend to spend more time on it right now. He has it in mind though. At least i persuaded him to hold some xmr and he actually also did a small uni presentation for both monero and zcash cryptography.
The first reason was that it was going too fast and eventually it would have a correction. As it did though i expect a bigger one.
The second reason was that i really couldnt keep up with watching it. It was taking too much time from my life. Actually it was probably the anxiety
I see for so much time very good work being done. And i see for 10 months now only good news. The project continues to be serious, productive and is actually fun! If you know what i mean. I dont think that we have passed the point where we can say that monero would never die but i really can imagine a bright future.
So right now my bets are in a dump because
a)I would argue that it needs a bigger correction for weak hands to leave (i might be the weak hands) and whales to accumulate more,
b)btc seems bullish and all altcoins dump when this happens (although monero has held some times or was bullish in the same time),
c)zcash is coming for which although i think it will eventually be a massive flop there will also be too much hype at the start and too much fud against monero (long term monero will win again as it has done with every single coin ever trying to compete(i can count at least 10)).
d)I believe that i see a few signs of greed after justified enthusiasm.
In any case, if it goes to the moon right now (which is really not that far fetched) so be it! I will still be happy for the project, my good profit and my small xmr amount i still hold.
About monero status app, yeah unfortunately i cant persuade my friend to spend more time on it right now. He has it in mind though. At least i persuaded him to hold some xmr and he actually also did a small uni presentation for both monero and zcash cryptography.
I am sure there are people with 80k XMR. Not only one but some. And you can freely call them Whales.
My standard model says the number of such people is 10-15.
But because I don't know many of such, and should know, this means it is possible that there is a Leviathan group controlling a large number of coins (1-2 million or more), which skews the distribution and causes the dearth of pocket whales in the 100k range.
So Cthulhu is required to have more than 1-2 million coins these days? Correct me if I am wrong but I have an impression that cthulhu has more coins than Leviathan..?
Acceptance in AB
I did a little search for products that you can buy with MONERO and found a 28% to 56% acceptance depending on types of markets.
I did a little search for products that you can buy with MONERO and found a 28% to 56% acceptance depending on types of markets.
If current holders of 12 800 000 will all together decide not to give any markets, not buy anything, just hold their coins outside of the exchanges, there is only coins that are mined today and in the future that is available for the people holding bitcoins.
Therefore it is possible that some day you need more than 1 btc to buy 1 single Monero so my advice is to treat Monero as it was more valuable than bitcoin. That treatment makes Monero actually more valuable than bitcoin in the long run. In similar way as self fulfilling prophecy.
Therefore it is possible that some day you need more than 1 btc to buy 1 single Monero so my advice is to treat Monero as it was more valuable than bitcoin. That treatment makes Monero actually more valuable than bitcoin in the long run. In similar way as self fulfilling prophecy.
I agree 100%.
XMR is in fact more valuable and precious as BTC.
The only difference is: BTC has a higher popularity at this moment, but this is changing from day to day.
XMRBTC volume is never going to allow XMR to reach parity, but only asymptote. Parity and beyond will require direct fiat volume. We need some diligence on the livecoin.net management, to get XMRUSD flowing.
Another bull run will come when a large accumulator decides to increase their position. Since our new whale friend is a long term bull, and his disappearing scare walls show that he has been suppressing price, I have to conclude that he plans to force liquidate the shorts, thereby taking their monero and their btc. Meanwhile he buys cheap, and does not let them cover. Ideally he would seek to squeeze both longs and shorts, alternately.
Alternatively a bull run can come very slowly, creeping, as the economy grows.
The mooted impetus, technical developments, will often trigger grassroots speculation, which is perhaps the least stable form of price support, outside of sheer Ponzi pumping. It does, however, add to the confidence of hodlers, as well as facilitating adoption in the very long run.
I agree with febo and TrueCryptonaire about volume. When volume drops enough, it will mean the shorts are exhausted, and ripe for squeezing.
I disagree that classic wisdom doesn't work. It merely needs to be appropriately conditioned on actual market structure, scaled appropriately, etc. The roles of supply and demand do not change. The implications of liquidity and leverage do not change.
Another bull run will come when a large accumulator decides to increase their position. Since our new whale friend is a long term bull, and his disappearing scare walls show that he has been suppressing price, I have to conclude that he plans to force liquidate the shorts, thereby taking their monero and their btc. Meanwhile he buys cheap, and does not let them cover. Ideally he would seek to squeeze both longs and shorts, alternately.
Alternatively a bull run can come very slowly, creeping, as the economy grows.
The mooted impetus, technical developments, will often trigger grassroots speculation, which is perhaps the least stable form of price support, outside of sheer Ponzi pumping. It does, however, add to the confidence of hodlers, as well as facilitating adoption in the very long run.
I agree with febo and TrueCryptonaire about volume. When volume drops enough, it will mean the shorts are exhausted, and ripe for squeezing.
I disagree that classic wisdom doesn't work. It merely needs to be appropriately conditioned on actual market structure, scaled appropriately, etc. The roles of supply and demand do not change. The implications of liquidity and leverage do not change.
First of all, a huge thank you for feeding my narcissm by endorsement.
However, I have to respectfully disagree with the your statement that the trading pair btc-xmr will not allow XMR gaining larger market cap than btc.
Parity with btc comes from intermediation of supply vs. demand. If current holders of 12 800 000 will all together decide not to give any markets, not buy anything, just hold their coins outside of the exchanges, there is only coins that are mined today and in the future that is available for the people holding bitcoins.
Therefore it is possible that some day you need more than 1 btc to buy 1 single Monero so my advice is to treat Monero as it was more valuable than bitcoin. That treatment makes Monero actually more valuable than bitcoin in the long run.
In similar way as self fulfilling prophecy.
The pesky whale has been showing his 40k coins to scare the market. Also a group of sellers have built a containment wall at 199 to 203. That puts a stop at the 199 level of up to 1700 BTC.
I suspect the intention is to accumulate as many coins as possible below the 200 level and to take advantage of any downward move to accumulate cheap coins.
I suspect the intention is to accumulate as many coins as possible below the 200 level and to take advantage of any downward move to accumulate cheap coins.
It looks the scare walls are mainly borrowed coins (you can see this by observing the lending markets meanwhile the wall appears/disappears).
At some point Monero being this cheap the fundamentals should automatically pump up the price.
The supply of XMR is surprisingly inelastic meanwhile the people in dark markets are literally hunting for Moneros to buy their stuff. And vendors have no reason to dump more moneros than they need for replacing the demand. Therefore the added value of DNM vendors probably will flow into the market cap of Monero.
The pesky whale has been showing his 40k coins to scare the market. Also a group of sellers have built a containment wall at 199 to 203. That puts a stop at the 199 level of up to 1700 BTC.
I suspect the intention is to accumulate as many coins as possible below the 200 level and to take advantage of any downward move to accumulate cheap coins.
I suspect the intention is to accumulate as many coins as possible below the 200 level and to take advantage of any downward move to accumulate cheap coins.
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