[XMR] Monero Speculation - page 121.

suzanne5223

hero member

Activity: 2660

Merit: 651

Want top-notch marketing for your project, Hire me

Quote from: Hueristic on December 06, 2019, 09:02:47 PM

Quote from: suzanne5223 on December 06, 2019, 12:19:30 PM

Quote from: Hueristic on December 05, 2019, 11:14:55 PM

Quote from: Febo on December 05, 2019, 09:57:38 PM

Today many transactions are made on lightning. But some say that a lot Bitcoins onchain transactions are just tumbling coins with hope to make them untraceable. So this numbers cant tell us much, but trend can always tells us something.

Is there a forensic analysis of this around?

There's definitely no forensic analysis about it but people believe the on chain transaction to be an act of tumbling coins because the transactions on Lightning network are encrypted and sent via the network from sender to receiver while the transaction are not broadcast publicly.

I never thought of that, can you tell what coins are being used before you use a channel?

It would suck to find out your coins are tainted from using lightning.

Is not that the coins are totally tainted and the lightning team make their platform to be somehow restricted to third parties because they respect people privacy and they also need to embrace the legacy implemented by Satoshi.
With that been said, i don't know the actual number of coins that supported the lightning network now but the last time i checked they are 11 (Btc, Ltc, Vertcoin, Viacoin, Ravencoin,Groestlcoin etc).

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: suzanne5223 on December 06, 2019, 12:19:30 PM

Quote from: Hueristic on December 05, 2019, 11:14:55 PM

Quote from: Febo on December 05, 2019, 09:57:38 PM

Today many transactions are made on lightning. But some say that a lot Bitcoins onchain transactions are just tumbling coins with hope to make them untraceable. So this numbers cant tell us much, but trend can always tells us something.

Is there a forensic analysis of this around?

There's definitely no forensic analysis about it but people believe the on chain transaction to be an act of tumbling coins because the transactions on Lightning network are encrypted and sent via the network from sender to receiver while the transaction are not broadcast publicly.

I never thought of that, can you tell what coins are being used before you use a channel?

It would suck to find out your coins are tainted from using lightning.

suzanne5223

hero member

Activity: 2660

Merit: 651

Want top-notch marketing for your project, Hire me

Quote from: Hueristic on December 05, 2019, 11:14:55 PM

Quote from: Febo on December 05, 2019, 09:57:38 PM

Today many transactions are made on lightning. But some say that a lot Bitcoins onchain transactions are just tumbling coins with hope to make them untraceable. So this numbers cant tell us much, but trend can always tells us something.

Is there a forensic analysis of this around?

There's definitely no forensic analysis about it but people believe the on chain transaction to be an act of tumbling coins because the transactions on Lightning network are encrypted and sent via the network from sender to receiver while the transaction are not broadcast publicly.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Febo on December 05, 2019, 09:57:38 PM

Today many transactions are made on lightning. But some say that a lot Bitcoins onchain transactions are just tumbling coins with hope to make them untraceable. So this numbers cant tell us much, but trend can always tells us something.

Is there a forensic analysis of this around?

Febo

legendary

Activity: 2730

Merit: 1288

Today many transactions are made on lightning. But some say that a lot Bitcoins onchain transactions are just tumbling coins with hope to make them untraceable. So this numbers cant tell us much, but trend can always tells us something.

jwinterm

legendary

Activity: 3136

Merit: 1116

Quote from: phishead on December 05, 2019, 09:54:55 AM

Quote from: Febo on December 04, 2019, 05:17:37 PM

Number of transactions is looking good in last 3 months.

Monero Bitcoin Ratio
Nov 2019   212,716   9,243,776   2.30%
Oct 2019   179,114   9,892,853 1.81%
Sep 2019   159,225   9,798,992   1.62%

You know it would be interesting to see a chart of historical BTC/XMR tx ratio vs. BTC/XMR price...

https://bitinfocharts.com/comparison/transactions-btc-xmr.html#log

https://bitinfocharts.com/comparison/price-btc-xmr.html#log

Best I can do on mobile.

phishead

hero member

Activity: 1873

Merit: 840

Keep what's important, and know who's your friend

Quote from: Febo on December 04, 2019, 05:17:37 PM

Number of transactions is looking good in last 3 months.

Monero Bitcoin Ratio
Nov 2019   212,716   9,243,776   2.30%
Oct 2019   179,114   9,892,853 1.81%
Sep 2019   159,225   9,798,992   1.62%

You know it would be interesting to see a chart of historical BTC/XMR tx ratio vs. BTC/XMR price...

Febo

legendary

Activity: 2730

Merit: 1288

Number of transactions is looking good in last 3 months.

   Monero Bitcoin Ratio
Nov 2019   212,716   9,243,776   2.30%
Oct 2019   179,114   9,892,853 1.81%
Sep 2019   159,225   9,798,992   1.62%

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: KeyJockey on November 30, 2019, 09:43:59 AM

Quote from: elrippos friend on November 29, 2019, 12:42:18 AM

Quote from: Hueristic on November 28, 2019, 04:57:52 PM

No, you can never educate the masses. All you can do is provide them the tools to protect themselves and then convince them to use those tools.

The majority are morons who are manipulated by TPTB to believe what is good for the elite is good for them.

Well you can try Cheesy

"Never Wrestle With A Pig -
You'll Just Be The One Who Ends Up Getting Dirty.

And Besides... The Pig Likes It"

ROTF, yeah you got that right!

Quote from: Febo on November 30, 2019, 02:57:22 PM

Definitely not. All you need is to have updated wallet at receiving end to use them after protocol upgrade happened. It went smooth as always. Merry RandomXmass and happy Chameleon everyone.

Nice.

Quote from: elrippos friend on November 29, 2019, 12:42:18 AM

Well you can try Cheesy

Do it long enough and you will learn its a zero sum thankless game that will only age you prematurely.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: KeyJockey on November 30, 2019, 02:31:40 PM

Quote from: Febo on November 30, 2019, 01:10:17 PM

One hour left until the protocol upgrade. There is Monero coffee chat live right now and will last thru upgrade: https://www.youtube.com/watch?v=Cz_xiU_x9bs

Oh shit, really? I just sent a small XMR transaction from one of my wallets to another. Is that gonna be any problem? Wasn't aware if there's a moratorium on TX while upgrade runs? Or...?

Well it's only like twenty bucks worth anyway so no big deal if so. Fingers crossed I guess LOL

Definitely not. All you need is to have updated wallet at receiving end to use them after protocol upgrade happened. It went smooth as always. Merry RandomXmass and happy Chameleon everyone.

KeyJockey

hero member

Activity: 608

Merit: 509

Quote from: Febo on November 30, 2019, 01:10:17 PM

One hour left until the protocol upgrade. There is Monero coffee chat live right now and will last thru upgrade: https://www.youtube.com/watch?v=Cz_xiU_x9bs

Oh shit, really? I just sent a small XMR transaction from one of my wallets to another. Is that gonna be any problem? Wasn't aware if there's a moratorium on TX while upgrade runs? Or...?

Well it's only like twenty bucks worth anyway so no big deal if so. Fingers crossed I guess LOL

Febo

legendary

Activity: 2730

Merit: 1288

One hour left until the protocol upgrade. There is Monero coffee chat live right now and will last thru upgrade: https://www.youtube.com/watch?v=Cz_xiU_x9bs

KeyJockey

hero member

Activity: 608

Merit: 509

Quote from: elrippos friend on November 29, 2019, 12:42:18 AM

Quote from: Hueristic on November 28, 2019, 04:57:52 PM

No, you can never educate the masses. All you can do is provide them the tools to protect themselves and then convince them to use those tools.

The majority are morons who are manipulated by TPTB to believe what is good for the elite is good for them.

Well you can try Cheesy

"Never Wrestle With A Pig -
You'll Just Be The One Who Ends Up Getting Dirty.

And Besides... The Pig Likes It"

.

elrippos friend

full member

Activity: 1179

Merit: 210

only hodl what you understand and love!

Quote from: Hueristic on November 28, 2019, 04:57:52 PM

Quote from: elrippos friend on November 28, 2019, 05:11:07 AM

Quote from: Hueristic on November 27, 2019, 10:52:57 PM

Quote from: Febo on November 27, 2019, 08:24:31 PM

Quote from: cAPSLOCK on November 26, 2019, 01:01:13 PM

I am interested in the fact XMR volume seems to be on the rise, or at least staying solid.

Any thoughts?

There is a lot of talk about Monero. Any kind of talk. New protocol upgrade. New mining algo. Listing on exchanges and of exchanges. Bad guys trying to spread malware to mine Monero. Different crypto influencers talk about all that. When people learn about Monero are shocked of 0.1 cent transaction fees. And mostly are shocked, that Monero actually is what they thought they got when first bought Bitcoin.

Monero have usecase and it is used. That is why price when going down will go much less as of other useless coins. Monero ZEC price flippering happened a month or two ago. Now you can already get 2 ZEC for a Monero.

You hit that nail on the head, now if only the eco system gets integrated into mainstream markets. Also the transaction fees are something you don't hear enough about, I'm glad you mentioned that.

It is a bit like mainstream media in the crypto world. The more users you gain, the uninformed user base grows, so this is a thing about education Grin

No, you can never educate the masses. All you can do is provide them the tools to protect themselves and then convince them to use those tools.

The majority are morons who are manipulated by TPTB to believe what is good for the elite is good for them.

Well you can try Cheesy

Mbatu

newbie

Activity: 11

Merit: 0

Monero is awesome!
I love real privacy cryptos: Monero and the up and coming Mimble Wimble tech like Grin and Epic Cash.
People need to know!

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: elrippos friend on November 28, 2019, 05:11:07 AM

Quote from: Hueristic on November 27, 2019, 10:52:57 PM

Quote from: Febo on November 27, 2019, 08:24:31 PM

Quote from: cAPSLOCK on November 26, 2019, 01:01:13 PM

I am interested in the fact XMR volume seems to be on the rise, or at least staying solid.

Any thoughts?

There is a lot of talk about Monero. Any kind of talk. New protocol upgrade. New mining algo. Listing on exchanges and of exchanges. Bad guys trying to spread malware to mine Monero. Different crypto influencers talk about all that. When people learn about Monero are shocked of 0.1 cent transaction fees. And mostly are shocked, that Monero actually is what they thought they got when first bought Bitcoin.

Monero have usecase and it is used. That is why price when going down will go much less as of other useless coins. Monero ZEC price flippering happened a month or two ago. Now you can already get 2 ZEC for a Monero.

You hit that nail on the head, now if only the eco system gets integrated into mainstream markets. Also the transaction fees are something you don't hear enough about, I'm glad you mentioned that.

It is a bit like mainstream media in the crypto world. The more users you gain, the uninformed user base grows, so this is a thing about education Grin

No, you can never educate the masses. All you can do is provide them the tools to protect themselves and then convince them to use those tools.

The majority are morons who are manipulated by TPTB to believe what is good for the elite is good for them.

elrippos friend

full member

Activity: 1179

Merit: 210

only hodl what you understand and love!

Quote from: Hueristic on November 27, 2019, 10:52:57 PM

Quote from: Febo on November 27, 2019, 08:24:31 PM

Quote from: cAPSLOCK on November 26, 2019, 01:01:13 PM

I am interested in the fact XMR volume seems to be on the rise, or at least staying solid.

Any thoughts?

There is a lot of talk about Monero. Any kind of talk. New protocol upgrade. New mining algo. Listing on exchanges and of exchanges. Bad guys trying to spread malware to mine Monero. Different crypto influencers talk about all that. When people learn about Monero are shocked of 0.1 cent transaction fees. And mostly are shocked, that Monero actually is what they thought they got when first bought Bitcoin.

Monero have usecase and it is used. That is why price when going down will go much less as of other useless coins. Monero ZEC price flippering happened a month or two ago. Now you can already get 2 ZEC for a Monero.

You hit that nail on the head, now if only the eco system gets integrated into mainstream markets. Also the transaction fees are something you don't hear enough about, I'm glad you mentioned that.

It is a bit like mainstream media in the crypto world. The more users you gain, the uninformed user base grows, so this is a thing about education Grin

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Febo on November 27, 2019, 08:24:31 PM

Quote from: cAPSLOCK on November 26, 2019, 01:01:13 PM

I am interested in the fact XMR volume seems to be on the rise, or at least staying solid.

Any thoughts?

There is a lot of talk about Monero. Any kind of talk. New protocol upgrade. New mining algo. Listing on exchanges and of exchanges. Bad guys trying to spread malware to mine Monero. Different crypto influencers talk about all that. When people learn about Monero are shocked of 0.1 cent transaction fees. And mostly are shocked, that Monero actually is what they thought they got when first bought Bitcoin.

Monero have usecase and it is used. That is why price when going down will go much less as of other useless coins. Monero ZEC price flippering happened a month or two ago. Now you can already get 2 ZEC for a Monero.

You hit that nail on the head, now if only the eco system gets integrated into mainstream markets. Also the transaction fees are something you don't hear enough about, I'm glad you mentioned that.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: cAPSLOCK on November 26, 2019, 01:01:13 PM

I am interested in the fact XMR volume seems to be on the rise, or at least staying solid.

Any thoughts?

There is a lot of talk about Monero. Any kind of talk. New protocol upgrade. New mining algo. Listing on exchanges and of exchanges. Bad guys trying to spread malware to mine Monero. Different crypto influencers talk about all that. When people learn about Monero are shocked of 0.1 cent transaction fees. And mostly are shocked, that Monero actually is what they thought they got when first bought Bitcoin.

Monero have usecase and it is used. That is why price when going down will go much less as of other useless coins. Monero ZEC price flippering happened a month or two ago. Now you can already get 2 ZEC for a Monero.

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

I am interested in the fact XMR volume seems to be on the rise, or at least staying solid.

Any thoughts?

Topic: [XMR] Monero Speculation - page 121. (Read 3313076 times)