Topic: [XMR] Monero Speculation - page 1440. (Read 3313576 times)

Chaos theory can be a bitch sometimes.

We have no means of detecting whether it is a Bucket Shop or not.

Almost a month at .1 interest with 1300 xmr.  30+.  Can't help but wonder what this guy's endgame is.  He's had a chance to sell.  

Strange book on Polo today.  XMR is #2 volume-wise (behind ETH or course).  XMR is up around 5.5% right now.  ALL of the other most common names up there (MAID, ETH, DASH, etc...) are all down.  Then there are these other out-of-the-blue pumps (IOC, GRC, likely scamcoins) that are up 70% to 105%. 

I haven't done the math on it, but it sure seems like XMR is a high-alpha, low-beta king among the alts lately. 

Adoption of XMR is miniscule.  Most holders have strong privacy interests, so very few post.  Even among those who might post, few have any reason to do so.  Some are former bitcoin maximalists, or even present maximalists who want to hedge, and would lose face by showing their hand.

The miniscule adoption levels are why XMR has 500x as much upside as bitcoin, conservatively.  The current market cap is what you get with about 2000 mostly speculative holders and 20 merchants.  (Total SWAG numbers.)

If e.g. AlphaBay added XMR you could expect price to rapidly (over a few weeks) rise to the $20-$50 level, from just that one market, disregarding speculators front-running it.  If CryptoWall gang is arrested (regardless whether they are mafiosos or intelligence agents) and the next crew demand XMR, expect another factor of 2-5x. if some Chinese guy using bitcoin to buy a South American retirement home gets a bullet for evading capital controls,  expect a factor of 5-10x short-term, and 50-100x long-term.

Almost none of those people will ever post here.  But a few more FX and I-bank types will show up, a few more pump & dump people,  a few more Mrs. Wantanabe types, and some libertarian ideologues.  Then XMR maximalists will emerge in force, journalists and academics will take interest, and nation-state politics will become involved.
That's when risk goes up to new levels.

Price stability is impossible until XMR-BTC parity has been surpassed, if only briefly.  Price stability only comes when most of the circulating XMR is servicing contractual obligations, consumption, or supply chain relationships.
When that happens, risk drops dramatically.  (Bitcoin hasn't reached this level yet.)

Then very conservative large stores of wealth will adopt XMR, and the final 20-50x factor is priced in when most of the XMR is held in long-term reserves.

They gave it to Obama for Peace but I find it ironic he has been responsible for the death of thousands around the world, with his drone strike policy and other war related issues.

I vote to take back that prize and give it to you rpietila for you are actually contributing to the world for a better tomorrow and standing for decentralization.

Lately, the jumps come on Wednesdays and weekends.  I had to say this publicly in order to break the chain.

Rosebud...

It's like - consumers tend to receive few, middle-sized transactions, and be the payer in a larger number of transactions of greatly varying size.

Where is my nobel prize already??

Too bad the NSA and FBI have been unable to find and punish these cyberterrorists. We need to double their budgets immediately. (Interesting these sophisticated criminal mastermind virus devs don't see any point in an opaque blockchain, as if they are unworried about law enforcement.)

It is important not to lend for too low rate, I guess there are takers for 1 % loans when green candles start to appear.

while id isnt necessary, poloniex requires them to have an upfront collateral that is automatically measured by their exchange software. so long as theres no moonshots and the price moves gradually, youll get your money amd fees back. basically set your interest rates on whether or not you think a moonshot is going to happen anywhere from 2-60 days

if their collateral drops too low relative to the loss, the account is liquidated and your money is returned

In poloniex.com cryptos can be lended. The idea is I guess simple. To have some interest. But how the lender can be sure to get the coins back. And the interest. Or even expect so. It is easy to make a fake identity to poloniex.

Have I missed something relevant? May someone explain.

You guys always can borrow some Moneros from me to dump on the markets at 1.00 % per day, perhaps within 60 days you are able to collect the coins from other bears. Miners do not have that many coins coming for sale as there barely is some sort of block reward and it is getting squeezed even from current levels every day.

Just buy before it's too late, FOMO FOMO 

Thanks for the warning klee, got out not a moment too soon.

0.00972 

I increased my lending rates close to 1 % per day. 

"The Secret Behind CryptoWall’s Success" (the ransomware)

http://www.imperva.com/docs/IMPERVA_HII_CryptoWall_report.pdf


The tracking Bitcoin part starts from page 8.

EDIT: Most striking figure in my opinion:

I am not sure I understand your question here, could you clarify?

Because Monero is a pyramid ponzi scheme scam.
Get out before 666666k XMR dump on you!