DASH was just added to BTC-e. Pretty disappointing. 
Well that sucks. BTC-e is the perfect marketplace for the bitcoin alternative (which XMR needs to become).
Topic: [XMR] Monero Speculation - page 1319. (Read 3314309 times)
Well that sucks. BTC-e is the perfect marketplace for the bitcoin alternative (which XMR needs to become).
DASH was just added to BTC-e. Pretty disappointing.
It is a little bit disappointing, particularly as it's an entry into Chinese markets.
But really I don't see it any more disappointing than the situation concerning the current Facebook generation or the Western media curtain. As the revolution revolves so too do a myriad of concurrently evolving challenges and omnipotent antagonists.
At the end of the day, you can take a horse to water but you can't make it drink.
The price of Monero has risen less than Ethereum in the past few months, but it has dropped faster. Why is that?
Because:
https://bitcointalksearch.org/topic/m.14678171
I've been warning everyone here for the past months, that CC will be very volatile until 2017. Monero is a long-term HODL that you accumulate on the dips for now. It is not a get rich quick altcoin.
Never invest in crypto anything you can't afford to lose, I say!
What about banks that are by definition bankrupt at all times and the second any big debts are defaultd on, creates cascading deflationary collapse and you lose everything?
The price of Monero has risen less than Ethereum in the past few months, but it has dropped faster. Why is that?
Many don't feel comfortable with command-line so they just keep the funds on the exchange. Having funds so easily accessible, just one click away, makes it a lot more tempting to sell. Multiply that effect with a lot of people and it can explain why there's so many dumps and big price drops as everyone starts impulse selling at the same time, and even buyers are left with XMR on the exchange that they may use to dump price further down in a moment of uncertainty.Bitcoin on the other hand is easy to store off the exchange which makes it less likely that people will impulse buy. So we have a cycle of slow and steady price increase, and once momentum is gone a violent fast crash.
This is just a theory, and is probably just a part of the reason. Other reasons could include whales dumping to break support levels and acquire more, shorters profiting from falling prices etc.
The liquidity for XMR while still good, is significantly less than ETH so it's easier to drive the price in any direction. Traders will take advantage of that.
The price of Monero has risen less than Ethereum in the past few months, but it has dropped faster. Why is that?
Looking at the XMRBTC charts on a 3D basis ... the recent underperformance seemed to mirror that of 2Q2015.
It almost looks like a double top with unbreakable resistance at 0.0042.
Accordingly, the posting velocity in this thread has dropped considerably.
Perhaps they have went to chase the pot of gold at the end of the bitcoin rainbow (second rainbow? double rainbow?).
There are too few long-term holders in XMR. Not enough of the new emission is being absorbed by this group.
XMR right now is akin to a share counter with too much free float and insufficient "fundamentally-oriented institutional investors", and it shows in the "share price".
XMRUSD is down to about $0.88 as we speak.
It almost looks like a double top with unbreakable resistance at 0.0042.
Accordingly, the posting velocity in this thread has dropped considerably.
Perhaps they have went to chase the pot of gold at the end of the bitcoin rainbow (second rainbow? double rainbow?).
There are too few long-term holders in XMR. Not enough of the new emission is being absorbed by this group.
XMR right now is akin to a share counter with too much free float and insufficient "fundamentally-oriented institutional investors", and it shows in the "share price".
XMRUSD is down to about $0.88 as we speak.
Is that a DOUBLE RAINBOW? DUUUUUUUUUUUUUUDE!
Well, I'm holding come what may. What was once healthy unrealized gain is now unrealized loss. C'est la vie, c'est la guerre.
Never invest in crypto anything you can't afford to lose, I say!
You just have to get out above the initial investment, let time go by and by in lower, nothing to chear about massively, common figures mate
Looking at the XMRBTC charts on a 3D basis ... the recent underperformance seemed to mirror that of 2Q2015.
It almost looks like a double top with unbreakable resistance at 0.0042.
Accordingly, the posting velocity in this thread has dropped considerably.
Perhaps they have went to chase the pot of gold at the end of the bitcoin rainbow (second rainbow? double rainbow?).
There are too few long-term holders in XMR. Not enough of the new emission is being absorbed by this group.
XMR right now is akin to a share counter with too much free float and insufficient "fundamentally-oriented institutional investors", and it shows in the "share price".
XMRUSD is down to about $0.88 as we speak.
It almost looks like a double top with unbreakable resistance at 0.0042.
Accordingly, the posting velocity in this thread has dropped considerably.
Perhaps they have went to chase the pot of gold at the end of the bitcoin rainbow (second rainbow? double rainbow?).
There are too few long-term holders in XMR. Not enough of the new emission is being absorbed by this group.
XMR right now is akin to a share counter with too much free float and insufficient "fundamentally-oriented institutional investors", and it shows in the "share price".
XMRUSD is down to about $0.88 as we speak.
Is that a DOUBLE RAINBOW? DUUUUUUUUUUUUUUDE!
Well, I'm holding come what may. What was once healthy unrealized gain is now unrealized loss. C'est la vie, c'est la guerre.
Never invest in crypto anything you can't afford to lose, I say!
Looking at the XMRBTC charts on a 3D basis ... the recent underperformance seemed to mirror that of 2Q2015.
It almost looks like a double top with unbreakable resistance at 0.0042.
Accordingly, the posting velocity in this thread has dropped considerably.
Perhaps they have went to chase the pot of gold at the end of the bitcoin rainbow (second rainbow? double rainbow?).
There are too few long-term holders in XMR. Not enough of the new emission is being absorbed by this group.
XMR right now is akin to a share counter with too much free float and insufficient "fundamentally-oriented institutional investors", and it shows in the "share price".
XMRUSD is down to about $0.88 as we speak.
It almost looks like a double top with unbreakable resistance at 0.0042.
Accordingly, the posting velocity in this thread has dropped considerably.
Perhaps they have went to chase the pot of gold at the end of the bitcoin rainbow (second rainbow? double rainbow?).
There are too few long-term holders in XMR. Not enough of the new emission is being absorbed by this group.
XMR right now is akin to a share counter with too much free float and insufficient "fundamentally-oriented institutional investors", and it shows in the "share price".
XMRUSD is down to about $0.88 as we speak.
Question: are those snapshots from API data or are they from screengrabs? Thanks,
API as far as I know.
Question: are those snapshots from API data or are they from screengrabs? Thanks,
@ "smooth". You presume too much (not so) smart guy. You don't know anything about me.
Who here is a Dogeillionaire?
so whats stopping them?
In my opinion there is a bootstrapping process that has to proceed at some natural pace. For example, on the investor side, no one playing with billions of dollars can get involved with Monero at all right now. We can only potentially appeal to slightly larger investors, whose participation would expand the market cap and liquidity, making it potentially accessible to the next step of investors, and so on. It takes time and development effort on many fronts.
Is it possible for miners to reject transactions without a payment ID in Monero?
Quote
Support for multiple currencies and digital assets. The new Mycelium app will support many more digital assets besides just Bitcoin. With the help of the plugin API architecture, anyone would be able to add support for any type of currency or asset, be it Litecoin, Doge, ColoredCoin, Ether, Factom, or personally issued assets like stocks, tickets, or hotel keys. We are uniquely positioned to have an advantage in this, because Mycelium already runs a set of highly optimized backend servers that handle and transfer digital assets. We plan to extend this backend architecture to support many more such assets.
Am I imagining things, or does it sound like they're trying to monetize themselves into some type of Coinbase/Shapeshift-like site?
https://www.reddit.com/r/Bitcoin/comments/4gkxox/mycelium_new_wallet_announcement/
Among others:
Among others:
Quote
Support for multiple currencies and digital assets. The new Mycelium app will support many more digital assets besides just Bitcoin. With the help of the plugin API architecture, anyone would be able to add support for any type of currency or asset, be it Litecoin, Doge, ColoredCoin, Ether, Factom, or personally issued assets like stocks, tickets, or hotel keys. We are uniquely positioned to have an advantage in this, because Mycelium already runs a set of highly optimized backend servers that handle and transfer digital assets. We plan to extend this backend architecture to support many more such assets.
I blame Vitalik.
That stunt shook what little confidence there was in the alts. Along with the BTC rise, XMR is swimming in an infested pond right now.
In the long run, XMR will be able to differentiate and overcome, but there may be more short term price ugliness.
That stunt shook what little confidence there was in the alts. Along with the BTC rise, XMR is swimming in an infested pond right now.
In the long run, XMR will be able to differentiate and overcome, but there may be more short term price ugliness.
Yes but before XMR can differentiate I want to buy some at 0.001.
But how much will that be in dollars or euro? Unless you are allin crypto, I think measuring Monero's value in bitcoin makes little to no sense.
Only a small percentage of my portfolio is in crypto.
The largest part is tied to appartments and are cashflowing.
Then I have some common shares + investments in startups + precious metals (lately I have been more and more fascinated in accumulating gold coins, especially historical European gold coins).
I have also some bitcoins that are paying me interest in lending markets + some idle btc.. If XMR/BTC ratio drops to 0.001 I am interested to reallocate some of my bitcoins into Monero. If it will not do that, I am also fine with my current portfolio (however I secretly wish there will be enough dumpers to hammer XMR to 0.001 although I do not think it will last too long, max a few months).
So crypto I am approaching by two fold: 1) USD/BTC 2) BTC/SOME OTHER COIN, I have divided my portfolio in crypto into two parts that are completely distinct, if BTC goes to the moon I am not going to sell all my btc so that I can take advantage also some dumps in alt markets, and that part is collecting interest currently in Poloniex.
I blame Vitalik.
That stunt shook what little confidence there was in the alts. Along with the BTC rise, XMR is swimming in an infested pond right now.
In the long run, XMR will be able to differentiate and overcome, but there may be more short term price ugliness.
That stunt shook what little confidence there was in the alts. Along with the BTC rise, XMR is swimming in an infested pond right now.
In the long run, XMR will be able to differentiate and overcome, but there may be more short term price ugliness.
Yes but before XMR can differentiate I want to buy some at 0.001.
But how much will that be in dollars or euro? Unless you are allin crypto, I think measuring Monero's value in bitcoin makes little to no sense.
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