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Topic: [XMR] Monero Speculation - page 144. (Read 3314316 times)

legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
July 04, 2019, 08:38:42 AM
Good post.

It seems this time it will be all about institutional money, and institutional money only wants bitcoin, maybe ETH, and a few others. Monero? Might be too shady.

With Info on this one. Pseudonymity is a pill regulated markets will swallow. True anonymity, in contrast, will be spat up.

Capitulation?

More like Tone Vays sold every XMR he had and made a video about how hates it, etc ,etc...  Just a hunch.  He's a trader and he prolly buys and sells alts to make BTC just like most of us.
legendary
Activity: 2548
Merit: 1245
legendary
Activity: 2268
Merit: 1141
July 04, 2019, 07:15:38 AM
MoneroKon 2019 - Tari: Advancing Monero Through Ecosystem Development - by Riccardo 'fluffypony' Spagni

https://www.youtube.com/watch?v=zmeSSnppixY
legendary
Activity: 2842
Merit: 1511
July 04, 2019, 06:58:08 AM
Capitulation?

As Mindrust has pointed out, the chart suggests 600K sat as the next pivot point.
legendary
Activity: 3276
Merit: 2442
July 04, 2019, 03:50:49 AM
Posted as an impartial messenger, which means don’t presume I agree with the choice of wording or even the points made. Nevertheless the forum benefits from hearing all sides of an argument.



Shit I only realized after reading the part about segwit this was just another anonymint bullshit. (I wouldn't merit it if knew sooner)

I am kinda agreeing with the libra part though.

It is true it will have significant impact among the people who live in shitty countries with weak currencies.

Against libra, I believe bitcoin has a chance to succeed. Altcoins? I am not sure. However, among altcoins, monero is one of the best.
legendary
Activity: 2268
Merit: 1141
July 04, 2019, 02:27:50 AM
Good post.

It seems this time it will be all about institutional money, and institutional money only wants bitcoin, maybe ETH, and a few others. Monero? Might be too shady.

With Info on this one. Pseudonymity is a pill regulated markets will swallow. True anonymity, in contrast, will be spat up.

See:

Quote

People often like to purport that Monero will inevitably get banned. However, the new FinCEN guidance is basically inconsistent with that notion. From the CoinCenter article:

Quote
Section 4.5.3 states that exchanges are not per se banned from using privacy-preserving cryptocurrencies but will need to comply with the same BSA regulations they comply with for typical cryptocurrencies. We believe that this is possible. Exchanges need to know their customers but they do not have a black letter law requirement to know the customers of their customers. In other words, a bank needs to know who you are but they are not obligated to know the name and address of people that you pay using cash you withdraw from your account.

https://coincenter.org/entry/fincen-s-new-cryptocurrency-guidance-matches-coin-center-recommendations

Arguably, this is long-term bullish for Monero.
member
Activity: 62
Merit: 14
July 04, 2019, 12:36:38 AM
I updated things on my nano S. All went smooth. Was tempted to buy Model T, but then will just have to keep two different hardware wallets development and updates. So I will give it a bit more thinking Smiley

Anyway is great Monero can be now stored on two hardware wallets.  Two years ago that was a dream.

Yeah nanoS here too.

I have just brought a cheap cable to connect it to my mobile for cash machine type usage when I cant access the PC. Great all good no need for the X right now.


 

More secure too. Can’t trust bluetooth with anything of value.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
July 03, 2019, 11:29:20 PM
Capitulation?

Not sure.  Was the 20k Polo buy whale dumped into?  If so, that's pretty capitulatey... Undecided
sr. member
Activity: 490
Merit: 266
July 03, 2019, 10:51:12 PM
Good post.

It seems this time it will be all about institutional money, and institutional money only wants bitcoin, maybe ETH, and a few others. Monero? Might be too shady.

With Info on this one. Pseudonymity is a pill regulated markets will swallow. True anonymity, in contrast, will be spat up.

Capitulation?
legendary
Activity: 2842
Merit: 1511
July 03, 2019, 10:03:46 PM
Good post.

It seems this time it will be all about institutional money, and institutional money only wants bitcoin, maybe ETH, and a few others. Monero? Might be too shady.

With Info on this one. Pseudonymity is a pill regulated markets will swallow. True anonymity, in contrast, will be spat up.
jr. member
Activity: 45
Merit: 36
July 03, 2019, 06:40:11 PM
I updated things on my nano S. All went smooth. Was tempted to buy Model T, but then will just have to keep two different hardware wallets development and updates. So I will give it a bit more thinking Smiley

Anyway is great Monero can be now stored on two hardware wallets.  Two years ago that was a dream.

Easy on device entry of a strong password is a valuable security feature and was enough for me to retire my Ledger. Many of the recent hardware wallet exploits are thwarted by a strong password, and it gives plausible deniability in case of the dreaded $5 wrench attack. This plausible deniability is especially strong in the case of monero, since nobody knows your address or balance. Unlimited private wallets on a single device. (although you can technically do this on ledger, the horrible user interface makes strong passwords impractical unless you are a masochist) Further, you can initialize your Trezor offline with python trezor, and load a custom seed generated with casino grade dice for the ultimate airgapped + HW wallet setup for multiple layers of defense.
legendary
Activity: 2268
Merit: 1141
July 03, 2019, 04:44:10 PM
The second audit (by Kudelski Security) of RandomX has successfully been completed!

https://www.reddit.com/r/Monero/comments/c8scn0/randomx_audit_status/
legendary
Activity: 2702
Merit: 2053
Free spirit
July 03, 2019, 04:14:59 PM
I updated things on my nano S. All went smooth. Was tempted to buy Model T, but then will just have to keep two different hardware wallets development and updates. So I will give it a bit more thinking Smiley

Anyway is great Monero can be now stored on two hardware wallets.  Two years ago that was a dream.

Yeah nanoS here too.

I have just brought a cheap cable to connect it to my mobile for cash machine type usage when I cant access the PC. Great all good no need for the X right now.


 
legendary
Activity: 2744
Merit: 1288
July 03, 2019, 02:52:22 PM
I updated things on my nano S. All went smooth. Was tempted to buy Model T, but then will just have to keep two different hardware wallets development and updates. So I will give it a bit more thinking Smiley

Anyway is great Monero can be now stored on two hardware wallets.  Two years ago that was a dream.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
July 03, 2019, 02:18:53 PM
GUI v0.14.1.0 'Boron Butterfly' (with Ledger Nano X and Trezor Model T support) released!

https://www.reddit.com/r/Monero/comments/c8eg6k/gui_v01410_boron_butterfly_with_ledger_nano_x_and/

Just awesome. Thanks.
legendary
Activity: 2268
Merit: 1141
July 03, 2019, 12:59:56 PM
GUI v0.14.1.0 'Boron Butterfly' (with Ledger Nano X and Trezor Model T support) released!

https://www.reddit.com/r/Monero/comments/c8eg6k/gui_v01410_boron_butterfly_with_ledger_nano_x_and/

Dat daylight mode though!!  Shocked

Also, I’m sure it’s been talked about before somewhere else, but I’m guessing the plan is to eventually have Model One support for the trezor too at some point?

As long as it has sufficient resources to support Monero, yes.
hero member
Activity: 1874
Merit: 840
Keep what's important, and know who's your friend
July 03, 2019, 07:01:39 AM
GUI v0.14.1.0 'Boron Butterfly' (with Ledger Nano X and Trezor Model T support) released!

https://www.reddit.com/r/Monero/comments/c8eg6k/gui_v01410_boron_butterfly_with_ledger_nano_x_and/

Dat daylight mode though!!  Shocked

Also, I’m sure it’s been talked about before somewhere else, but I’m guessing the plan is to eventually have Model One support for the trezor too at some point?
legendary
Activity: 2268
Merit: 1141
July 03, 2019, 06:43:00 AM
GUI v0.14.1.0 'Boron Butterfly' (with Ledger Nano X and Trezor Model T support) released!

https://www.reddit.com/r/Monero/comments/c8eg6k/gui_v01410_boron_butterfly_with_ledger_nano_x_and/
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
July 02, 2019, 04:36:21 PM
Cross Post from WO.

https://coinjazeera.news/peter-brandt-dies-of-old-age-in-longest-trade-ever/

Quote
Mr. Brandt had just opened a 25x long on BitMEX when he suffered a massive coronary heart attack after watching YouTube and seeing Tone Vays draw the worst ascending triangle he had ever seen in his life. The wave of anger at Tone Vays’ incompetence triggered the old man’s right coronary artery to literally explode as he clutched his chest and moaned “You stupid bafoon! That’s not a triangle that’s an ascending wedge” before collapsing to the ground while the other residents around him barely looked up from their bingo game and soiling their Depends.
legendary
Activity: 2114
Merit: 1403
Disobey.
July 02, 2019, 04:01:57 PM
Auction for the first ever funded XMR giftcard has started.
Place your bid for one of the low numbered cards #1 through 10 (from 128 total): https://bitcointalksearch.org/topic/auction-monero-xmr-cards-loaded-with-025-xmr-serials-1-10-5160950





With current low XMR prices this is a steal.
Personally I would be very suprised to see Monero below 0.01 BTC for too long. In the mid/long term I see it more in the 1/50th to 1/20th price range of Bitcoin.
The reason is simple: A need for a fungible and truely private crypto will increase with adoption and awareness.
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