Author

Topic: [XMR] Monero Speculation - page 1325. (Read 3314301 times)

legendary
Activity: 2268
Merit: 1141
April 20, 2016, 05:45:17 PM
Is it really risky to loan XMR (or other cryptocurrencies) ? how likely is it that someone won't pay you back?

If you have no collateral and you are giving out a personal loan it is very likely not to get your money back.
However, if you have collateral you significiantly lower the risk of default. Yes you might have some risk (like the collateral is not good enough in case of forced liquidation) or the service operator will go to bankcrupt (like Gox did with btc).

How does it work with the collateral in Poloniex ? is it possible to have one but get a lower interest rate (I don't have account there and lending would be the only reason)? thanks for the help.

https://poloniex.com/support/aboutMarginTrading/

Thank you for that.

I had a look and I am now checking the loan markets, which has hardly demand for all the coins present. Is this normal or I checked at the wrong time?

Various enormously depending on market conditions.


Isn't he implying here that Poloniex only offers margin trading for a few coins (i.e. not all coins listed)?
legendary
Activity: 2968
Merit: 1198
April 20, 2016, 05:42:18 PM
Is it really risky to loan XMR (or other cryptocurrencies) ? how likely is it that someone won't pay you back?

If you have no collateral and you are giving out a personal loan it is very likely not to get your money back.
However, if you have collateral you significiantly lower the risk of default. Yes you might have some risk (like the collateral is not good enough in case of forced liquidation) or the service operator will go to bankcrupt (like Gox did with btc).

How does it work with the collateral in Poloniex ? is it possible to have one but get a lower interest rate (I don't have account there and lending would be the only reason)? thanks for the help.

https://poloniex.com/support/aboutMarginTrading/

Thank you for that.

I had a look and I am now checking the loan markets, which has hardly demand for all the coins present. Is this normal or I checked at the wrong time?

Various enormously depending on market conditions.
hero member
Activity: 560
Merit: 501
April 20, 2016, 05:35:48 PM
Is it really risky to loan XMR (or other cryptocurrencies) ? how likely is it that someone won't pay you back?

If you have no collateral and you are giving out a personal loan it is very likely not to get your money back.
However, if you have collateral you significiantly lower the risk of default. Yes you might have some risk (like the collateral is not good enough in case of forced liquidation) or the service operator will go to bankcrupt (like Gox did with btc).

How does it work with the collateral in Poloniex ? is it possible to have one but get a lower interest rate (I don't have account there and lending would be the only reason)? thanks for the help.

https://poloniex.com/support/aboutMarginTrading/

Thank you for that.

I had a look and I am now checking the loan markets, which has hardly demand for all the coins present. Is this normal or I checked at the wrong time?
legendary
Activity: 2016
Merit: 1259
April 20, 2016, 05:07:28 PM
Is it really risky to loan XMR (or other cryptocurrencies) ? how likely is it that someone won't pay you back?

If you have no collateral and you are giving out a personal loan it is very likely not to get your money back.
However, if you have collateral you significiantly lower the risk of default. Yes you might have some risk (like the collateral is not good enough in case of forced liquidation) or the service operator will go to bankcrupt (like Gox did with btc).

How does it work with the collateral in Poloniex ? is it possible to have one but get a lower interest rate (I don't have account there and lending would be the only reason)? thanks for the help.

https://poloniex.com/support/aboutMarginTrading/
hero member
Activity: 560
Merit: 501
April 20, 2016, 05:01:15 PM
Is it really risky to loan XMR (or other cryptocurrencies) ? how likely is it that someone won't pay you back?

If you have no collateral and you are giving out a personal loan it is very likely not to get your money back.
However, if you have collateral you significiantly lower the risk of default. Yes you might have some risk (like the collateral is not good enough in case of forced liquidation) or the service operator will go to bankcrupt (like Gox did with btc).

How does it work with the collateral in Poloniex ? is it possible to have one but get a lower interest rate (I don't have account there and lending would be the only reason)? thanks for the help.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
April 20, 2016, 04:32:48 PM
As far as I can see, Monero has not solved the Tragedy of the Commons in Satoshi's design. I reiterated my rebuttal to ArticMine:

https://bitcointalksearch.org/topic/m.14599446

Clarification:

...


I have responded to this in the Monero Technical Improvement thread https://bitcointalksearch.org/topic/m.14610651
full member
Activity: 126
Merit: 100
April 20, 2016, 03:48:29 PM
Are the whales that sold ready to get back into XMR yet?  Or are they going to let the community shrink back to what it was in January first?

Wait and see...

It looks to me like they want everyone to quit Monero except the people who have been hodling for 2 years already. 
full member
Activity: 126
Merit: 100
April 20, 2016, 03:44:39 PM

But, but..."only terrorists, drug users, criminals, and pedophiles care about anonymity!"
legendary
Activity: 2268
Merit: 1141
legendary
Activity: 2604
Merit: 1748
April 20, 2016, 03:06:37 PM
Are the whales that sold ready to get back into XMR yet?  Or are they going to let the community shrink back to what it was in January first?

Wait and see...
full member
Activity: 126
Merit: 100
April 20, 2016, 02:58:52 PM
Are the whales that sold ready to get back into XMR yet?  Or are they going to let the community shrink back to what it was in January first?
legendary
Activity: 1105
Merit: 1000
April 20, 2016, 02:14:36 PM
It will be fascinating to see how xmr reacts to a bitcoin price bubble. Just staying in the 0.002 - 0.003 range will be a great result if bitcoin doubles here.

The super bull outcome would be a repeat of 2013 with selected alts bubbling with bitcoin surge. Not impossible to see xmr either crater here or go up 10x (and still have a tiny market cap).  All depends on the mini whales pulling the strings Smiley

Given that a 2% bitcoin rise apparently causes -13% or worse in monero, it seems that a bitcoin rally will cause Monero to go to negative values.

I will accept 100 Monero from you for every Bitcoin you give me.

Deal of the century, don't miss out!
legendary
Activity: 1834
Merit: 1019
April 20, 2016, 02:05:10 PM
It will be fascinating to see how xmr reacts to a bitcoin price bubble. Just staying in the 0.002 - 0.003 range will be a great result if bitcoin doubles here.

The super bull outcome would be a repeat of 2013 with selected alts bubbling with bitcoin surge. Not impossible to see xmr either crater here or go up 10x (and still have a tiny market cap).  All depends on the mini whales pulling the strings Smiley

Given that a 2% bitcoin rise apparently causes -13% or worse in monero, it seems that a bitcoin rally will cause Monero to go to negative values.

Sample set range?
full member
Activity: 126
Merit: 100
April 20, 2016, 01:42:11 PM
It will be fascinating to see how xmr reacts to a bitcoin price bubble. Just staying in the 0.002 - 0.003 range will be a great result if bitcoin doubles here.

The super bull outcome would be a repeat of 2013 with selected alts bubbling with bitcoin surge. Not impossible to see xmr either crater here or go up 10x (and still have a tiny market cap).  All depends on the mini whales pulling the strings Smiley

Given that a 2% bitcoin rise apparently causes -13% or worse in monero, it seems that a bitcoin rally will cause Monero to go to negative values.
sr. member
Activity: 420
Merit: 262
legendary
Activity: 1176
Merit: 1000
April 20, 2016, 12:01:02 PM
It will be fascinating to see how xmr reacts to a bitcoin price bubble. Just staying in the 0.002 - 0.003 range will be a great result if bitcoin doubles here.

The super bull outcome would be a repeat of 2013 with selected alts bubbling with bitcoin surge. Not impossible to see xmr either crater here or go up 10x (and still have a tiny market cap).  All depends on the mini whales pulling the strings Smiley
hero member
Activity: 507
Merit: 500
April 20, 2016, 11:01:33 AM
Probably whales are hunting now for the coins of smaller fish species.

Yea, but I'm pretty sure you are wrong on which coin they want.
legendary
Activity: 1092
Merit: 1000
April 20, 2016, 10:25:58 AM
Probably whales are hunting now for the coins of smaller fish species.
legendary
Activity: 1176
Merit: 1000
April 20, 2016, 10:24:47 AM
I love when the plan comes together

[...] neutral to bulliesque sentiment. I can see it toping at around 27k to test back 20k after for a very short span

So far so good. Not so sure now if 27k is the top or we can enter 28-30k territory. Whatever a retest to 23k or lower seems quite plausible before resume the minirally

Impressed for the fast recovery, even with the BTC wanting to rally in parallel. Still thinking in another 23k retest and recover to 26 as baseline

Congratulations on the call. Though it is worth mentioning that the drop was, alas, (again) done by one single entity.

Who may well be Dotto..

legendary
Activity: 1092
Merit: 1000
April 20, 2016, 10:05:14 AM
Is it really risky to loan XMR (or other cryptocurrencies) ? how likely is it that someone won't pay you back?

If you have no collateral and you are giving out a personal loan it is very likely not to get your money back.
However, if you have collateral you significiantly lower the risk of default. Yes you might have some risk (like the collateral is not good enough in case of forced liquidation) or the service operator will go to bankcrupt (like Gox did with btc).
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