[XMR] Monero Speculation - page 1961.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: GingerAle on April 07, 2015, 07:52:38 PM

Quote from: smooth on April 07, 2015, 07:49:50 PM

Quote from: BitcoinIsLiberty on April 07, 2015, 07:47:42 PM

Quote from: smooth on April 07, 2015, 06:34:38 PM

Quote from: EvanMon on April 07, 2015, 06:25:36 PM

332 BTC volume today on poloniex but almost no price movement. It's hard to make a case that it will go lower at this point, there is just no meaningful liquidity (25-50+btc) on the ask side without pushing the price up 15%.

Shapeshift.io just added XMR support and it looks like the database is one step closer. Development wise it looks like there are good things on the horizon.

Shapeshift announcement:

https://twitter.com/ShapeShift_io/status/585570515139563521

Pull request to merge database into master:

https://github.com/monero-project/bitmonero/pull/256

Interesting. So BTC -> ShapeShift XMR -> XMR.to = completely anonymous payments using BTC?

Timing-wise there are potential issues with that

1.123 BTC -> XMR -> 1.122 BTC over a short period of time might be fairly obvious. Of course it depends not the amounts and the level of activity on BTC at the time. If BTC has 1000 tx/sec that would be a lot more obscure than currently

So clearly the solution is to go 5 BTC -> XMR -> 1.22 BTC.

( XMR go.... to... alpha... centauri....)

You can't do that with BTC -> ShapeShift XMR -> XMR.to unless one of those services were taking a 3.78 BTC fee (not recommended to use such as service). You would need to use your own Monero wallet in between.

Also, I'm not sure what sort of mix factors and such being used by shapeshift, so the normal caveats about Monero being optionally anonymous (and not fully mature) apply. Again putting your own Monero wallet in the middle and being careful with timing could give a better result.

BitcoinIsLiberty

newbie

Activity: 55

Merit: 0

Quote from: smooth on April 07, 2015, 07:49:50 PM

Quote from: BitcoinIsLiberty on April 07, 2015, 07:47:42 PM

Quote from: smooth on April 07, 2015, 06:34:38 PM

Quote from: EvanMon on April 07, 2015, 06:25:36 PM

332 BTC volume today on poloniex but almost no price movement. It's hard to make a case that it will go lower at this point, there is just no meaningful liquidity (25-50+btc) on the ask side without pushing the price up 15%.

Shapeshift.io just added XMR support and it looks like the database is one step closer. Development wise it looks like there are good things on the horizon.

Shapeshift announcement:

https://twitter.com/ShapeShift_io/status/585570515139563521

Pull request to merge database into master:

https://github.com/monero-project/bitmonero/pull/256

Interesting. So BTC -> ShapeShift XMR -> XMR.to = completely anonymous payments using BTC?

Timing-wise there are potential issues with that

1.123 BTC -> XMR -> 1.122 BTC over a short period of time might be fairly obvious. Of course it depends not the amounts and the level of activity on BTC at the time. If BTC has 1000 tx/sec that would be a lot more obscure than currently

Hmmm, so close to being able to do BTC to BTC payments with XMR in the middle. So the easiest for mainstream users would be to use the xmr web wallet and fund it with extra then use xmr.to?

GingerAle

legendary

Activity: 1260

Merit: 1008

Quote from: smooth on April 07, 2015, 07:49:50 PM

Quote from: BitcoinIsLiberty on April 07, 2015, 07:47:42 PM

Quote from: smooth on April 07, 2015, 06:34:38 PM

Quote from: EvanMon on April 07, 2015, 06:25:36 PM

332 BTC volume today on poloniex but almost no price movement. It's hard to make a case that it will go lower at this point, there is just no meaningful liquidity (25-50+btc) on the ask side without pushing the price up 15%.

Shapeshift.io just added XMR support and it looks like the database is one step closer. Development wise it looks like there are good things on the horizon.

Shapeshift announcement:

https://twitter.com/ShapeShift_io/status/585570515139563521

Pull request to merge database into master:

https://github.com/monero-project/bitmonero/pull/256

Interesting. So BTC -> ShapeShift XMR -> XMR.to = completely anonymous payments using BTC?

Timing-wise there are potential issues with that

1.123 BTC -> XMR -> 1.122 BTC over a short period of time might be fairly obvious. Of course it depends not the amounts and the level of activity on BTC at the time. If BTC has 1000 tx/sec that would be a lot more obscure than currently

So clearly the solution is to go 5 BTC -> XMR -> 1.22 BTC.

( XMR go.... to... alpha... centauri....)

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: BitcoinIsLiberty on April 07, 2015, 07:47:42 PM

Quote from: smooth on April 07, 2015, 06:34:38 PM

Quote from: EvanMon on April 07, 2015, 06:25:36 PM

332 BTC volume today on poloniex but almost no price movement. It's hard to make a case that it will go lower at this point, there is just no meaningful liquidity (25-50+btc) on the ask side without pushing the price up 15%.

Shapeshift.io just added XMR support and it looks like the database is one step closer. Development wise it looks like there are good things on the horizon.

Shapeshift announcement:

https://twitter.com/ShapeShift_io/status/585570515139563521

Pull request to merge database into master:

https://github.com/monero-project/bitmonero/pull/256

Interesting. So BTC -> ShapeShift XMR -> XMR.to = completely anonymous payments using BTC?

Timing-wise there are potential issues with that

1.123 BTC -> XMR -> 1.122 BTC over a short period of time might be fairly obvious. Of course it depends not the amounts and the level of activity on BTC at the time. If BTC has 1000 tx/sec that would be a lot more obscure than currently

BitcoinIsLiberty

newbie

Activity: 55

Merit: 0

Quote from: smooth on April 07, 2015, 06:34:38 PM

Quote from: EvanMon on April 07, 2015, 06:25:36 PM

332 BTC volume today on poloniex but almost no price movement. It's hard to make a case that it will go lower at this point, there is just no meaningful liquidity (25-50+btc) on the ask side without pushing the price up 15%.

Shapeshift.io just added XMR support and it looks like the database is one step closer. Development wise it looks like there are good things on the horizon.

Shapeshift announcement:

https://twitter.com/ShapeShift_io/status/585570515139563521

Pull request to merge database into master:

https://github.com/monero-project/bitmonero/pull/256

Interesting. So BTC -> ShapeShift XMR -> XMR.to = completely anonymous payments using BTC?

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: EvanMon on April 07, 2015, 06:25:36 PM

332 BTC volume today on poloniex but almost no price movement. It's hard to make a case that it will go lower at this point, there is just no meaningful liquidity (25-50+btc) on the ask side without pushing the price up 15%.

Shapeshift.io just added XMR support and it looks like the database is one step closer. Development wise it looks like there are good things on the horizon.

Shapeshift announcement:

https://twitter.com/ShapeShift_io/status/585570515139563521

Pull request to merge database into master:

https://github.com/monero-project/bitmonero/pull/256

EvanMon

newbie

Activity: 14

Merit: 0

332 BTC volume today on poloniex but almost no price movement. It's hard to make a case that it will go lower at this point, there is just no meaningful liquidity (25-50+btc) on the ask side without pushing the price up 15%.

Shapeshift.io just added XMR support and it looks like the database is one step closer. Development wise it looks like there are good things on the horizon.

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: ?? on ??

Looks like reality is kicking in for the monero holders.

I see you need to learn more. Check out the recent Let's Talk Bitcoin Podcast to learn more about Monero:https://letstalkbitcoin.com/blog/post/ltb-e202-understanding-monero

Good luck Wink

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: ?? on ??

If the one it cloned was a demonstrable scam one does.....

Anon136

legendary

Activity: 1722

Merit: 1217

I'm trying to unload some of my sdc at theses highs, and every time i post a sell offer there is this guy with 3000 coins that instantly undercuts me and he never tires. so its pretty obvious that its some sort of computer program. what hes doing is sort of like placing a market order, he knows it will sell at some point, but no matter when it does sell, it will probably be at a slightly higher valuation than if he had placed a market order. pretty cool. i want in. any idea what program he might be using?

what does this have to do with monero? well i would use it to buy and sell monero too of course! hi smooth. completely legit Cheesy

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

There is triple bottom around 0.0028... Shocked

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

I'm away from home (currently in Athens) but I've loaded up my Polo wallet just in case. If we fall back to 20 range then I'll double my stash easily... Cool

I know my luck though; it won't happen. Undecided

rpietila

donator

Activity: 1722

Merit: 1036

We are sitting on support, the rise was not speculator money, it was new money, and my friend who gives infallible contrarian signals called me today wanting to sell XMR.

What to do - depends on your existing position of course but for those who like to speculate, my tea leaves tell that 260-290 is an excellent buy zone. If it is slammed down, I'd prepare for 180-200, but the probability for this happening is not worth the wait for those who want to increase positions. The pennant is closing quickly so let's see.

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: TrueCryptonaire on April 07, 2015, 05:23:49 AM

Quote from: Its About Sharing on April 07, 2015, 05:07:28 AM

Quote from: hodlmybtc on April 06, 2015, 09:46:14 PM

18k buywall at 0.003

Either it was pulled or blown through. Ouch.
Really hope we can hold at these levels...

I would not mind if it drops below 0.002... It would be cool to buy below that again... I think the minimum will be 0.0015 which was the same level the guy dumped his coins on the legendary vid so this is kind of resistance level IMO.
What do you think?

I would say we are sitting on recent support. The order book doesn't show loads of support but that is normal (albeit discomforting). No reason tipping your hand if you believe strongly in the coin.
If the whales want to add walls to add support levels than that will give me some security, lol. But if they want more cheap coins, then they will likely get them.
To answer your question, I'd say around .0018-.002 (ish). Wouldn't be shocked to see lower.

For the health of the coin, it would be MUCH BETTER showing price stability and not these flash rises. Too many of these, and sorry, but that screams of pumps.

The below pic is taken from a live chart. (The daily for the last month shows the same btw.)

pinky

hero member

Activity: 538

Merit: 500

Quote from: mrkavasaki on April 07, 2015, 08:44:47 AM

do you guys believe we will drop below 0,002 ?

Don't know. Majority will say it's impossible, but we had 4x move and corections in crypto world are deep regardless some players said they will be buying at 0.003 and now we are below 0.003. Grin

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: From Above on April 07, 2015, 08:25:10 AM

BTW did bitcoin also start as a console thing in 2009, first version?

No the first version was developed using Visual Studio for Windows and had a GUI.

mrkavasaki

hero member

Activity: 888

Merit: 500

do you guys believe we will drop below 0,002 ?

From Above

hero member

Activity: 700

Merit: 520

so u guys honestly believe this munero thing can replace bitcoin right ?
very interesting

last time i checked this was a thing that launched in console
BUT i guess most things start like that and then become something great right ?
BTW did bitcoin also start as a console thing in 2009, first version?

mmortal03

legendary

Activity: 1762

Merit: 1011

Quote from: smooth on April 06, 2015, 06:34:47 PM

I'm not going to bother to delete all the off-topic posts but you know what to do....back on topic from here please

Speaking of which, was Anon136's "Monero Off-topic" thread deleted by the mods?

smooth

legendary

Activity: 2968

Merit: 1198

Blazin604 you are welcome to discuss Monero or even competitors here, but do not post promotional materials again

Quote from: smooth on August 23, 2014, 07:54:48 AM

Off topic posts will be removed. Off topic includes any extensive discussion of other coins, promoting other coins, or posting of promotional materials from other coins.

Topic: [XMR] Monero Speculation - page 1961. (Read 3314330 times)