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Topic: [XMR] Monero Speculation - page 1467. (Read 3313576 times)

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
March 12, 2016, 12:46:47 PM
BTW I have been trying to find a country where an exchange can be hosted that does not cow to fincen
Basically no such country exists, not any more. Singapore and Hong Kong were the last holdouts I knew of and they're towing the line now too.
Andorra, Monaco, wherever.

Start with countries off-sides from the U.S. which aren't under international sanctions.  Iran, Venezuela, Cuba, UAE, Uruguay, Fiji, Seychelles, Madagascar, Mozambique, Zimbabwe, Laos, Myanmar....



Thanks, I'll check these out when I get a chance. Out of that list I would think UAE or Venezuela would be the safest?

That screenshot is funny as I have control of what shows up on my screen so that never did nor ever will. Lol

It's merely a bitcoinwisdom screenshot, but adblocker is currently "taking a stand against censorship" which is quite ironic in my opinion. See:

http://www.wired.com/2016/03/amnesty-adblock-censorship/

Oh, I like that! I Use Adblock Plus or Ublock/ghostery and noscript so even that doesn't get through. But I'd love to see a web page dedicated to just those ads! I'd click on them just because I fucking Hate censorship. goddamn Nanny state. And I don't like Adblock accepting cash from these mega corps to whitelist them either!
legendary
Activity: 2268
Merit: 1141
March 12, 2016, 11:43:17 AM
That screenshot is funny as I have control of what shows up on my screen so that never did nor ever will. Lol

It's merely a bitcoinwisdom screenshot, but adblocker is currently "taking a stand against censorship" which is quite ironic in my opinion. See:

http://www.wired.com/2016/03/amnesty-adblock-censorship/
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
March 12, 2016, 11:42:55 AM
BTW I have been trying to find a country where an exchange can be hosted that does not cow to fincen
Basically no such country exists, not any more. Singapore and Hong Kong were the last holdouts I knew of and they're towing the line now too.
Andorra, Monaco, wherever.

Start with countries off-sides from the U.S. which aren't under international sanctions.  Iran, Venezuela, Cuba, UAE, Uruguay, Fiji, Seychelles, Madagascar, Mozambique, Zimbabwe, Laos, Myanmar....
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
March 12, 2016, 11:37:17 AM
Anyone have an analysis on the XMR drop (on polo) in the last few days? It's been climbing back up over the past month or so (in particular), but it's dropped a steady 25k under 300k sats and remained there for some time now. It was peaking at 300k-320k at points last week.

The tree's are shaking to see what falls out. Wink

BTW I have been trying to find a country where an exchange can be hosted that does not cow to fincen but have not as of yet found a list. I had thought The Isle of Mann was one but apparently not after reading this. Boring ass read, skip all the agreed upon terms.

https://www.treasury.gov/resource-center/tax-policy/treaties/Documents/FATCA-Agreement-Isle-of-Man-12-13-2013.pdf

Basically no such country exists, not any more. Singapore and Hong Kong were the last holdouts I knew of and they're towing the line now too.
Andorra, Monaco, wherever.


Basically? Or not at all? Thx for the input BTW. Smiley

Guys cmon... Let's be real with this hedge fund bullshit. We're going to do more harm than help if we were to pitch monero to a hedge fund right now. Unless that hedge fund manager is computer literative, he/she is going to have to store their stash on mymoner.com and let's be honest, that's not how you want to pitch an idea to a hedge fund. Pet focus on the now before we get ahead of ourselves here.

I agree this should be on the todo list after gui release. Is there anyone actively keeping one? I noticed when I asked who will be handling marketing there was nothing but silence. Is that because MEW has been dissolved and is a bit of a "touchy subject" now?


BTW I have been trying to find a country where an exchange can be hosted that does not cow to fincen but have not as of yet found a list. I had thought The Isle of Mann was one but apparently not after reading this. Boring ass read, skip all the agreed upon terms.

https://www.treasury.gov/resource-center/tax-policy/treaties/Documents/FATCA-Agreement-Isle-of-Man-12-13-2013.pdf

There is no one really "appointed" to handle the marketing currently. There is a trello board for Monero community contributions currently though:

https://trello.com/b/5R2ly4mV/monero-community-contributions

Alternatively, when we really want to market Monero we could create some kind of slack channel and invite the ones who are interested (and capable) to do so.

What ever happened to that XMRPromotions kid? He jumped in with both feet then disappeared. My concern is that all these great Ideas that shouldn't be followed up on until after GUI release will be lost in this monster thread if no-one is making note of them.

AFA testing the trezor firmware, If I had one I would. But I just don't hold enough to justify getting one. I doubt many XMR holders own one ATM because the support doesn't exist yet, kind of a catch 22.

With finex now offering eth from monday it seems that this would be a good time to pump monero up to new highs and widen the story to an alt-coin bubble..

why would news about eth and bitfinex affect monero?

Adds to the Volume On Polo.

http://moneroinvestment.com/

Helps you in pitching.

Thanks, Great info!

Anyone have an analysis on the XMR drop (on polo) in the last few days? It's been climbing back up over the past month or so (in particular), but it's dropped a steady 25k under 300k sats and remained there for some time now. It was peaking at 300k-320k at points last week.

People were mistakenly expecting me to get bearish and therefore selling because historically when I have been bearish it has been a good time to exit or shake a few coins out.

People know you are a guppy that cannot move markets.

...


That screenshot is funny as I have control of what shows up on my screen so that never did nor ever will. Lol





legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
March 12, 2016, 11:35:09 AM
You guys.... hedge funds?  Really?  ...I would much rather the humble nerds and little people have a taste first. ...If a hedge fund gets richer, no one gives a shit.  

Hedge funds are oft vilified, but you know who banks most of the gains?  Pension funds.  Grossly underfunded pension funds.  Hedgies make money the old fashioned way:  With OPM (other people's money).  Yes, they sometimes (not usually, but if they are good, certainly) bank outsized gains, and charge exorbitant fees.  It is a sweet business  if you are good at it, and the reward is quite disproportionate to the social benefit in such cases.  However, keeping pension funds in the black is an enormous social benefit.  And it is about 50% of the sink for hedgie gains.  ~20% is probably insurance, ~4% is high net-worth punters, and the rest is internal to the industry, with about 10% going to the managing partners.

Yes, it is not as efficient a redistribution mechanism as direct grass-roots XMR investment.  But I would argue that it is far more efficient than state-socialism!  I would not avoid the market.  I just think it is premature to take the market seriously, except on an opportunistic basis.
legendary
Activity: 2268
Merit: 1141
March 12, 2016, 11:29:46 AM
Guys cmon... Let's be real with this hedge fund bullshit. We're going to do more harm than help if we were to pitch monero to a hedge fund right now. Unless that hedge fund manager is computer literative, he/she is going to have to store their stash on mymoner.com and let's be honest, that's not how you want to pitch an idea to a hedge fund. Pet focus on the now before we get ahead of ourselves here.

The FXD people to whom I have provided XMR have taken it as a paper wallet.  It's like any other derivative contract to them.


FWIW: They/you might benefit from this guide:

https://www.reddit.com/r/Monero/comments/48cgmd/an_extensive_guide_for_securely_generating_an/
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
March 12, 2016, 11:26:43 AM
Guys cmon... Let's be real with this hedge fund bullshit. We're going to do more harm than help if we were to pitch monero to a hedge fund right now. Unless that hedge fund manager is computer literative, he/she is going to have to store their stash on mymoner.com and let's be honest, that's not how you want to pitch an idea to a hedge fund. Pet focus on the now before we get ahead of ourselves here.

The FXD people to whom I have provided XMR have taken it as a paper wallet.  It's like any other derivative contract to them.
newbie
Activity: 5
Merit: 0
March 12, 2016, 10:29:20 AM
It's retracing/consolidating from the 348k top after that last leg up. Price is simply bouncing between resistance and support levels. The previous tops (233k and 246k, which previously were resistance levels) are currently acting as support zone. Furthermore, the declining volume on the retrace/consolidation is indicating that sellers are getting exhausted. Asks near market (although presumably most are fake) are still pretty high though, so it could very well be that we'll consolidate some more for some time. See:

Yeah, good point. Plus, the GUI isn't out yet, so the price will most likely go up in the long-term, from what I'm thinking.
legendary
Activity: 2268
Merit: 1141
March 12, 2016, 10:21:37 AM
Anyone have an analysis on the XMR drop (on polo) in the last few days? It's been climbing back up over the past month or so (in particular), but it's dropped a steady 25k under 300k sats and remained there for some time now. It was peaking at 300k-320k at points last week.

It's retracing/consolidating from the 348k top after that last leg up. Price is simply bouncing between resistance and support levels. The previous tops (233k and 246k, which previously were resistance levels) are currently acting as support zone. Furthermore, the declining volume on the retrace/consolidation is indicating that sellers are getting exhausted. Asks near market (although presumably most are fake) are still pretty high though, so it could very well be that we'll consolidate some more for some time. See:

legendary
Activity: 1092
Merit: 1000
March 12, 2016, 10:11:24 AM
Anyone have an analysis on the XMR drop (on polo) in the last few days? It's been climbing back up over the past month or so (in particular), but it's dropped a steady 25k under 300k sats and remained there for some time now. It was peaking at 300k-320k at points last week.

People were mistakenly expecting me to get bearish and therefore selling because historically when I have been bearish it has been a good time to exit or shake a few coins out.
newbie
Activity: 5
Merit: 0
March 12, 2016, 10:06:37 AM
Anyone have an analysis on the XMR drop (on polo) in the last few days? It's been climbing back up over the past month or so (in particular), but it's dropped a steady 25k under 300k sats and remained there for some time now. It was peaking at 300k-320k at points last week.
legendary
Activity: 1092
Merit: 1000
March 12, 2016, 09:53:23 AM
Big money needs people who have large positions in Monero because they probably wish to use OTC because of slippage.. Currently Monero is probably too small for a hedge fund but perhaps for VC money this size of market cap could be good to go size (like investors who invest only 1-2 million dollars and a couple of them entering - bitcoin got quite early Vinklevoss twins investment which helped on their share Monero to grow a little bit).
legendary
Activity: 1610
Merit: 1004
March 12, 2016, 09:25:44 AM
Seems funny to think that hedge funds, VCs and the like are not aware of / interested / researching / buying Monero. Of course they are. Would they come here and announce it?

member
Activity: 109
Merit: 10
March 12, 2016, 09:03:09 AM

Where are you trading at and with what app? I'm using Poloniex for buying my Monero, but the UI is soooo slow and nearly broken on my android.

 Polo crashes my phone, and my mediocre laptop barely functions.  Crazy resource hog.  Since I don't trade much, I can put up with it to buy my moneroj.  It sure would be nice to have a 'light' version with fewer features though.

I also don't trade much and would not attempt it at Polo on my new android phone.  I find it almost impossible to scroll through the order book.  I did cancel an order once.

To check the price I use bitcoinwisdom, no lag at all.  One stop shopping Cheesy

There is a great free Android app, zTrader:
https://play.google.com/store/apps/details?id=co.bandicoot.ztrader

You can add Polo API keys there and trade Monero or anything else. It works flawlessly.

I hope they can add Polo margin trading like they do for Bitfinex on Ztrader.  With the market volatility the past couple months I couldn't live without this android app.
legendary
Activity: 1092
Merit: 1000
March 12, 2016, 08:18:07 AM
Time to ride over 300k again? Roll Eyes

Soonero.  Cheesy
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
March 12, 2016, 08:12:23 AM
Time to ride over 300k again? Roll Eyes
legendary
Activity: 1624
Merit: 1008
March 12, 2016, 06:58:05 AM
With finex now offering eth from monday it seems that this would be a good time to pump monero up to new highs and widen the story to an alt-coin bubble..

Please do Grin

I placed my bids before bed based on the anticipation of some dumps due to ETH madness that would cause the removal of the 250 buy wall.  My highest bid was nibbled netting me 1.xxxxxxxx XMR  Cheesy

Price is now above freezing which makes me feel like a donkey between to equally spaced piles of hay.
legendary
Activity: 2268
Merit: 1141
March 12, 2016, 06:34:21 AM
Experimental Trezor Firmware Testing - Firmware Updated (V0311)

Quote
  • Added reconnect handler when trezor is unplugged while simplewallet is active
  • Added tx_seckey storage support to firmware
  • Added support for 'address' simplewallet command
  • Fixed support for entering passwords when trezor is initialized/recovered with password protection enabled

https://forum.getmonero.org/4/academic-and-technical/2495/experimental-trezor-firmware-testing

Please, if possible, help with testing!
hyc
member
Activity: 88
Merit: 16
March 12, 2016, 06:14:33 AM
BTW I have been trying to find a country where an exchange can be hosted that does not cow to fincen but have not as of yet found a list. I had thought The Isle of Mann was one but apparently not after reading this. Boring ass read, skip all the agreed upon terms.

https://www.treasury.gov/resource-center/tax-policy/treaties/Documents/FATCA-Agreement-Isle-of-Man-12-13-2013.pdf

Basically no such country exists, not any more. Singapore and Hong Kong were the last holdouts I knew of and they're towing the line now too.
Andorra, Monaco, wherever.
legendary
Activity: 2268
Merit: 1141
March 12, 2016, 06:09:34 AM
Guys cmon... Let's be real with this hedge fund bullshit. We're going to do more harm than help if we were to pitch monero to a hedge fund right now. Unless that hedge fund manager is computer literative, he/she is going to have to store their stash on mymoner.com and let's be honest, that's not how you want to pitch an idea to a hedge fund. Pet focus on the now before we get ahead of ourselves here.

I agree this should be on the todo list after gui release. Is there anyone actively keeping one? I noticed when I asked who will be handling marketing there was nothing but silence. Is that because MEW has been dissolved and is a bit of a "touchy subject" now?


BTW I have been trying to find a country where an exchange can be hosted that does not cow to fincen but have not as of yet found a list. I had thought The Isle of Mann was one but apparently not after reading this. Boring ass read, skip all the agreed upon terms.

https://www.treasury.gov/resource-center/tax-policy/treaties/Documents/FATCA-Agreement-Isle-of-Man-12-13-2013.pdf

There is no one really "appointed" to handle the marketing currently. There is a trello board for Monero community contributions currently though:

https://trello.com/b/5R2ly4mV/monero-community-contributions

Alternatively, when we really want to market Monero we could create some kind of slack channel and invite the ones who are interested (and capable) to do so.
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