And goodbye to $4. Never again, I think. Thanks for the Monero!
Draw the straight line of f(x)= 0.0043 and I will buy under. X is any moment of time.
Topic: [XMR] Monero Speculation - page 1182. (Read 3314350 times)
Draw the straight line of f(x)= 0.0043 and I will buy under. X is any moment of time.
I hope someday http://www.triumphmotorcycles.co.uk/ and http://www.porsche.com/ accept Monero
I've read many times from several authors that the vendors need to convert their Moneros into bitcoin and to the fiat.
That is not the case - Monero is not a payment token but money that has not only anonymous transactions but also anonymous wallet balances. Therefore Monero is ideal for D.N.M. vendors to hold.
That being said, some Moneros will be converted into cash for the sake of convenience (Monero is not accepted in local supermarkets).
That is not the case - Monero is not a payment token but money that has not only anonymous transactions but also anonymous wallet balances. Therefore Monero is ideal for D.N.M. vendors to hold.
That being said, some Moneros will be converted into cash for the sake of convenience (Monero is not accepted in local supermarkets).
If the DAO hack gets laundered through XMR, it will establish a major precedent, and XMR will subsequently attract vast funds, as well as intense political pressure. Expect huge volatility, along with a massive long term upward price pressure in that case.
Personally, I would not choose XMR if I were the DAO hacker, except as a long term investment. I would move about half of my value into XMR cold storage, mix the rest as btc, and buy stolen gold and shelf-stable drugs on AlphaBay with BTC.
Personally, I would not choose XMR if I were the DAO hacker, except as a long term investment. I would move about half of my value into XMR cold storage, mix the rest as btc, and buy stolen gold and shelf-stable drugs on AlphaBay with BTC.
50% -> monero
50% -> monero -> clean bitcoin -> non stolen gold
IMO
And goodbye to $4. Never again, I think. Thanks for the Monero!
The consolidation continues. I am inclined to see 0.008-0.0085 as a short term resistance now. Unless we get there in 2 days, this is confirmed, and the 0.01 double top is confirmed as well (2014,2016).
If we resume the grinding slide that I am forecasting, it may take months to reach the target 0.0042. And of course there is never a guarantee that it is reached. If great news come, it is likely to throw the grind scenario out of the window.
If we resume the grinding slide that I am forecasting, it may take months to reach the target 0.0042. And of course there is never a guarantee that it is reached. If great news come, it is likely to throw the grind scenario out of the window.
I enjoy your posts and i do like your math well explained, but Risto, i have to disagree on this point.
The volume is declining steadily, and i personaly do not see all of your prediction becoming true, i think this will be much faster and harder.
Let's wait, drink some tea and watch the birds are doing
It's a bit of a sloppy move but Risto knows how to cover his back.
Here is wisdom:-
Don't let the past govern your sense of market potential. You all know the reasons why you got into XMR, so don't be surprised when the inevitable starts to materialize. Don't let the inertia of the past 18 months govern your strategy in dealing with the next 3 months. The times have changed, and as volume continues to increase, the days of 200% oscillations are over.
From here, we only go up, with meaningless retraction. That's the nature of XMR fundamental confidence, which is exactly the reason you bought in.
Welcome to the new shit. Embrace it like you knew about it from day one.
Go forth, multiply, and enjoy.
Yes, welcome to the new shit.
How are things with Risto's Monero fund he talked 1 year ago in a vague manner?
What will happen for XMR price if ROGER Ver make 25% all his BTC into XMR?
He can make 1000 BTC buy wall on POLO - he is capable i think no?
He can make 1000 BTC buy wall on POLO - he is capable i think no?
I recommend against whale worship. Glad to have him; he's very welcome. Let's please leave him be. You pester, you get swatted.
The consolidation continues. I am inclined to see 0.008-0.0085 as a short term resistance now. Unless we get there in 2 days, this is confirmed, and the 0.01 double top is confirmed as well (2014,2016).
If we resume the grinding slide that I am forecasting, it may take months to reach the target 0.0042. And of course there is never a guarantee that it is reached. If great news come, it is likely to throw the grind scenario out of the window.
If we resume the grinding slide that I am forecasting, it may take months to reach the target 0.0042. And of course there is never a guarantee that it is reached. If great news come, it is likely to throw the grind scenario out of the window.
I enjoy your posts and i do like your math well explained, but Risto, i have to disagree on this point.
The volume is declining steadily, and i personaly do not see all of your prediction becoming true, i think this will be much faster and harder.
Let's wait, drink some tea and watch the birds are doing
It's a bit of a sloppy move but Risto knows how to cover his back.
Here is wisdom:-
Don't let the past govern your sense of market potential. You all know the reasons why you got into XMR, so don't be surprised when the inevitable starts to materialize. Don't let the inertia of the past 18 months govern your strategy in dealing with the next 3 months. The times have changed, and as volume continues to increase, the days of 200% oscillations are over.
From here, we only go up, with meaningless retraction. That's the nature of XMR fundamental confidence, which is exactly the reason you bought in.
Welcome to the new shit. Embrace it like you knew about it from day one.
Go forth, multiply, and enjoy.
XMR articles about DNM adoption on frontpage of:
vocativ.com - 4 million monthly traffic
newsbtc.com - 400k
cryptocoinsnews.com - 1 million
not on frontpage:
sputniknews.com - 30 million
numbers pulled from similarweb.com
vocativ.com - 4 million monthly traffic
newsbtc.com - 400k
cryptocoinsnews.com - 1 million
not on frontpage:
sputniknews.com - 30 million
numbers pulled from similarweb.com
What will happen for XMR price if ROGER Ver make 25% all his BTC into XMR?
He can make 1000 BTC buy wall on POLO - he is capable i think no?
He can make 1000 BTC buy wall on POLO - he is capable i think no?
If the DAO hack gets laundered through XMR, it will establish a major precedent, and XMR will subsequently attract vast funds, as well as intense political pressure. Expect huge volatility, along with a massive long term upward price pressure in that case.
Personally, I would not choose XMR if I were the DAO hacker, except as a long term investment. I would move about half of my value into XMR cold storage, mix the rest as btc, and buy stolen gold and shelf-stable drugs on AlphaBay with BTC.
Personally, I would not choose XMR if I were the DAO hacker, except as a long term investment. I would move about half of my value into XMR cold storage, mix the rest as btc, and buy stolen gold and shelf-stable drugs on AlphaBay with BTC.
How would he move such vast amount of traceable coins to XMR?
Well, the question is was the hack actually illegal? - after all ETC stands by the idea that the contract is valid, there is no hack and ETH people reverted the transaction so should not care although could be interested in catching him.
How would he exchange the coins for any other coin exactly? What could the attacker actually do with the coins?
How much value does one tainted coin have vs untainted?
I say let the market decide! I think plenty of people would be interested in cheaper although tainted coins - just set the price right.
The consolidation continues. I am inclined to see 0.008-0.0085 as a short term resistance now. Unless we get there in 2 days, this is confirmed, and the 0.01 double top is confirmed as well (2014,2016).
If we resume the grinding slide that I am forecasting, it may take months to reach the target 0.0042. And of course there is never a guarantee that it is reached. If great news come, it is likely to throw the grind scenario out of the window.
If we resume the grinding slide that I am forecasting, it may take months to reach the target 0.0042. And of course there is never a guarantee that it is reached. If great news come, it is likely to throw the grind scenario out of the window.
I enjoy your posts and i do like your math well explained, but Risto, i have to disagree on this point.
The volume is declining steadily, and i personaly do not see all of your prediction becoming true, i think this will be much faster and harder.
Let's wait, drink some tea and watch the birds are doing
Besides, until we have no market for turning XMR in $ or €, the cashout probably will still be in BTC, which does not lift the price of XMR a little bit.
The more I study this sentence the less it makes sense.
Perhaps by "no" do you mean "a" - in which case, you do realise that Polo already has a XMR/USD market.
To be fair it is XMR/TUSD
OK, apologies...my bad.
It still doesn't make that sentence coherent though
Sorry the autocorrection tricked me in the morning
You are right, "a" was ment to stand here.
[...]until we have no market for turning XMR in $ or €, the cashout probably will still be in BTC, which does not lift the price of XMR a little bit.
[...]
[...]
Can you explain why it makes a difference for the dollar price of a monero, whether it is being 'cashed out' to dollars or bitcoins?
I do not endorse it but there is a clear incentive, especially in the DNM sector, that merchants keep their profits in XMR. That actually does lift the price of a monero.
The thing with poloniex is your ID. If i would be a DNM seller of some substances or other unfriendly arms, i would think twice before i cash out my DNM money on poloniex, even with multiple accounts, but that is just my opinion.
The other thing is, if seller S sells his goods for 1000XMR and buyer B buys for 1000XMR (6,5BTC), buyer B has to purchase his 1000XMR from somewhere, most likely changed BTC to XMR which would be the buy side on poloniex, just asuming this.
Now seller S has 1000XMR and wants to cash them out for example on poloniex two days later at 0,0070 that would represent the sell side on poloniex.
Now we have a buy of 1000XMR at 0,0065 and two days later a sell of 1000XMR at 0,0070.
Now you ask why is this price rising in two days from 0,0065 to 0,0070? Let's asume more DNM buyers purchase XMR on poloniex and that lifts the price 8% in two days. After these two days the sellers on the DNM sell their XMR on poloniex at the rates driven by the buyers.
What do you think will the price BTC/XMR on poloniex do?
Pretty nothing, waving around at +/-10% for quite a long time.
What a lot of people in this discussion asume, is simply the fact that suddenly in a few days all DNM buyers purchase XMR, and keep purchasing XMR for a long time, and in the same timeframe the sellers on the DNM do not sell their XMR.
Well in my honest opinion, this is quite a naive stand, especially taking the timeframe of lets say 3 days from 0,004x to 0,009x into consideration.
Like i mentioned, buy walls of up to 500BTC and a 40kBTC volume....
Even if all DNM buyers would buy BTC and lets take an average of 10BTC per buyer this would have to represent 4k people buying and selling XMR in 3 days just to get goods on the DNM --> i do not think so
I know my opinion is unpopular at the moment, but my last prediction was also right, when we went up to 0,004x, i also sayed this is a marketmaker playing around, taking the almost symetrical rise and fall and behaviour into consideration.
Just my own opinion on my stand
If the DAO hack gets laundered through XMR, it will establish a major precedent, and XMR will subsequently attract vast funds, as well as intense political pressure. Expect huge volatility, along with a massive long term upward price pressure in that case.
Personally, I would not choose XMR if I were the DAO hacker, except as a long term investment. I would move about half of my value into XMR cold storage, mix the rest as btc, and buy stolen gold and shelf-stable drugs on AlphaBay with BTC.
Personally, I would not choose XMR if I were the DAO hacker, except as a long term investment. I would move about half of my value into XMR cold storage, mix the rest as btc, and buy stolen gold and shelf-stable drugs on AlphaBay with BTC.
Has anyone considered that the ''hacker'' who took all that ETC may consider moving it through or storing it in XMR especially with the recent hype?
I think his coins become available on the 2nd Sept if I remember correctly, would be a great way to make it look like a ton of DNM money is flowing through XMR following the 1st Sept start of deposits on Alphabay causing another surge in price.
I think his coins become available on the 2nd Sept if I remember correctly, would be a great way to make it look like a ton of DNM money is flowing through XMR following the 1st Sept start of deposits on Alphabay causing another surge in price.
...This IS manipulation, maybe the cashout of the bitfinex hack, and that is obvious....
Basically, I don't see how bitcoin remains out of the control of the elite. ... can be swayed by the old money.
Or by new firearms. By elite you mean the Chinese communist party. That is who now has control of the overwhelming bulk of the ASIC hash power, ultimately: The central committee. Specifically, the revanchist wing of the central committee, the ones seeking war in the south china sea, and the lopping of a thousand blossoms.
Does anyone know of an exchange that you can buy Gold/Silver/Platinum with XMR?
Plenty of them take bitcoin. Just use XMR.TO 
Does anyone know of an exchange that you can buy Gold/Silver/Platinum with XMR?
The people of Monero should provide the volume in Bitsquare. The last time I have seen it there was nothing happening in the exchange. Hiring market makers to accommodate people from the darkmarket selling and buying XMR might be a good idea. It will also help start the market activity in Bitsquare with XMR as the "star" currency making it become in the center of attraction again. I hope the Monero whales will have a long term game plan like that.
The problem with Bitsquare or in fact the problem with bitcoin is that bitcoin is not fungible thus selling your perfectly fungible moneros for possibly tainted bitcoins from a theft could result in value lost or complete inability to sell the coins n a normal way in a couple of years - I think the market should discount the reduced value of such coins and sellers there should learn to accept higher prices for monero.
The other way around when exchanging has no added risk because whoever buys your monero has exactly the same monero as they could buy from Poloniex or some other place.
I agree that having a p2p market is important and hope that people will support the market when they see an opportunity to sell monero with a justifiable premium there for non-fungible coins.
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