Topic: [XMR] Monero Speculation - page 2. (Read 3313070 times)

I dont have any XMR, but I do like the Monero project, that is why I asked..

yes, sell sell sell

Is the XMR project dead then? 

https://www.binance.com/en/support/announcement/binance-will-delist-ant-multi-vai-xmr-on-2024-02-20-f73b083ba6834771b07dbe5319917ae5

Binance Will Delist ANT, MULTI, VAI, XMR on 2024-02-20
2024-02-06 02:00

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

At Binance, we periodically review each digital asset we list to ensure that it continues to meet the high level of standard we expect. When a coin or token no longer meets this standard, or the industry changes, we conduct a more in-depth review and potentially delist it. We believe this best protects all our users.

When we conduct these reviews, we consider a variety of factors. Here are some that drive whether we decide to delist a digital asset:

    Commitment of team to project

    Level and quality of development activity

    Trading volume and liquidity

    Stability and safety of network from attacks

    Network / smart contract stability

    Level of public communication

    Responsiveness to our periodic due diligence requests

    Evidence of unethical/fraudulent conduct or negligence

    Contribution to a healthy and sustainable crypto ecosystem

Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following token(s) at 2024-02-20 03:00 (UTC):

    Aragon (ANT)

    Multichain (MULTI)

    Vai (VAI)

    Monero (XMR)

Please note:

    The exact trading pairs being removed are: ANT/BTC, ANT/USDT, MULTI/USDT, USDT/VAI, XMR/BNB, XMR/BTC, XMR/ETH, XMR/USDT

    All trade orders will be automatically removed after trading ceases in each respective trading pair.

    To view your assets after trading ceases, please ensure you have not selected “Hide Small Balances” in all of your wallets.

    Deposits of these token(s) after 2024-02-21 03:00 (UTC) will not be credited to your account.

    Withdrawals of these token(s) from Binance will not be supported after 2024-05-20 03:00 (UTC).

    Delisted tokens may be converted into stablecoins on behalf of users after 2024-05-21 03:00 (UTC). Please note that the conversion of delisted tokens into stablecoins is not guaranteed. A separate notification will be made before the conversion where applicable, and the stablecoins will be credited to users’ Binance accounts after the conversion.

    Binance Simple Earn will delist the token(s) mentioned above after 2024-02-19 03:00 (UTC). Users may choose to redeem their Flexible Product positions beforehand. Otherwise, these Flexible Product positions will be automatically redeemed at the above-mentioned time, and subsequently transferred to users’ Spot Wallets.

    Binance Auto-Invest will delist the token(s) mentioned above after 2024-02-14 03:00 (UTC). Users may choose to remove the plan(s) beforehand. Otherwise, the next recurring cycle of the token(s) will fail.

    At 2024-02-18 03:00 (UTC), Binance Loans (Flexible and Stable Rates) and VIP Loan will close all outstanding loan positions for the aforementioned token(s) as loanable token(s) and collateral token(s). Users are strongly advised to repay their outstanding loans before 2024-02-18 03:00 (UTC) to avoid any potential losses, where applicable.

    Binance Margin will delist the ANT, MULTI and XMR cross margin and isolated margin pairs at 2024-02-16 06:00 (UTC). At 2024-02-08 10:00 (UTC), Binance Margin will suspend isolated margin borrowing on the aforementioned isolated margin pairs. At 2024-02-16 06:00 (UTC), Binance Margin will close users’ positions, conduct an automatic settlement and cancel all pending orders on the aforementioned cross and isolated margin pairs. These pairs will then be removed from Margin. Please note that users will not be able to update their positions during the delisting process, and they are strongly advised to close their positions and/or transfer their assets from Margin Wallets to Spot Wallets prior to the cessation of margin trading at 2024-02-16 06:00 (UTC). Binance will not be responsible for any potential losses.

    Portfolio Margin users are advised to transfer the tokens mentioned above out of their Margin Wallet to their Spot Wallet and to top up their margin balance before 2024-02-16 06:00 (UTC) where applicable. Users should monitor the Unified Maintenance Margin Ratio (Uni-MMR) closely to avoid any potential liquidation that may result from the removal of the tokens mentioned above from the Margin Wallet.

    All ANT, MULTI and XMR balances in Cross Margin Wallets under the Portfolio Margin account will be automatically converted to USDT from 2024-02-16 06:00 (UTC). The conversion may take approximately 24 hours or longer. Binance Margin will not be liable for any losses on new positions during this period that may incur due to the conversion of funds. Refer to this FAQ for more information.

Took me many years to realize why Monero is needed. Watching the government print endless money while telling you what you can and cannot do. If it were not for Monero, we would remain slaves to this system. Fortunately, significant change is on the horizon. In fact, it has already begun. It cannot be stopped.

On the topic of price action, it does not bother me now. Looking at which cryptocurrencies are currently worth more than Monero is funny, but that is why the show will be so much better.

For now, it is possible to buy one whole Monero for $150. To trade 150 of something that has an infinite supply for 1 out of 18 million seems like a good deal to me. Assuming you take self custody, of course. Otherwise, your Monero is owned by an exchange that does not operate any different than normal banks.

Bitcoin can serve as the perfect tool for any entity to find out everything about your money. How much, when, with who. Monero gives you privacy and freedom. The choice is ours.

Dude, I got no clue man... I followed AP here. Yolo'd in.

^  Funny you mentioned hyc, I was just thinking about him and wondering how the Monero devs became close to him that he eventually became a Monero dev himself.

All I know is hyc was still developing LMDB and I think fluffypony and the guys approached him and requested for him to port LMDB to 32bit so it could be used for Monero..?  Is that right?

But what I really want to know is did hyc make optimizations in LMDB specifically for Monero so that it could get the most performance from the database?

I ‘member when hyc and gingeropolous helped me rig a miner to go 7 H/s. 😂

I second that, it's a good read and always welcome, even for those who (like me) lurk more than comment.

I bought XMR nearly a decade ago when it was first listed on Poloniex and I still have a decent stash - and I use it in real life.  Monero still has genuine use cases and is - and always has been - a great coin. Pricewise, Litecoin looks positively anaemic compared to Monero - XMR is in good health.

Dont ask me   


Go XMR   yay!

Heyo friends… wtf has been going on lately? Lmao.

No, but this thread is  

Thanks for keeping The Monero Moon going!

MONERO IS NOT DEAD

https://www.themoneromoon.com/p/the-monero-moon-issue-64

MONERO MOON ISSUE #63

https://www.themoneromoon.com/p/the-monero-moon-issue-63

The Monero Moon newsletter is back!

https://www.themoneromoon.com/p/the-monero-moon-issue-62

Check it out!!!

^  Yeah, but I'm starting to think that price analysis and TA seems like it's useless for XMR now it this point of its existence.  There's almost no speculation going on with XMR and most of those who own it, really use it.  And the growth is slow but organic.  I think long term we're positioned better than BTC in terms of community, organic usage and real growth...  Not just those guys who park their fiat in a coin then dumps them and they'll do it all over again when another spot arises.

I'm not saying that I'm not doing it or it should be frowned upon.  I'm just talking about what I'm seeing specifically with XMR.  It's a totally different culture.

Thought I'd give my current opinion on XMR/BTC as has been a few months. After the rejection from the anticapted 200 WMA back in March, price has entered the no-trade zone, in between support and resistance.



Like most other altcoins, it looks like there will be a bit more downside before any upside, possibly next year. There is also a bearish cross of the 50 & 200 Week MAs incoming as circled around 0.0065 BTC, with the volume point of control just above at 0.007. A nice setup for a long position would likely be at the support level around 0.004 BTC towards the end of the year, for an initial target of 0.008 BTC (swing range trade).

Let's see what the curve is doing this time, cycle would be to go up after the bottom we have 

Indeed, there's a multi-year range that has developed now. It does look more bullish than bearish for the long-long-term, as the consolidation is clearly above 2015/2016 previous range. While I always look at BTC pairs, I do pay attention to USD pairs as well. In the case of Monero, the issue I have is the double top on dollar chart. While it's not particularly bearish to have such a resistance level, it raises the question of what the Bitcoin price of Monero would if there would be a triple top on the dollar chart (that I think is relatively likely eventually, as can now be considered strong resistance).

Baring this in mind, the issue I have is that a future triple top on the dollar chart could now easily be a re-test of the current range's resistance. Not so similar to the May 2021 high that was a re-test of the range's resistance level. In summary, I have no doubt that Monero will continue to appreciate in the long-term against the dollar, but against Bitcoin, it may well sit sideways for many more years to come. My most optimistic scenario would be that breaking out of the range leads to re-testing around 0.02 BTC. But then by doing so, there are around 2 years worth of buyers that could well be keen to get out...

It's more likely that 0xMR returns to 1usd for a 10x than Monero returning to its ATH.