[XMR] Monero Speculation - page 2066.

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: waterpile on February 19, 2015, 07:19:02 AM

is there a chance monero is going up? I'm going to sell my XMR next week if there is no sign of going up Sad

Half of the guys in the thread have the capability of moving the price 50% in either direction.

We decide if it goes up, or not. Don't be a slave to us.

If you think Monero is bad, go ahead and sell. But don't be fooled to believe there is any connection between the current price and the long-term prospects.

waterpile

hero member

Activity: 602

Merit: 500

is there a chance monero is going up? I'm going to sell my XMR next week if there is no sign of going up Sad

David Latapie

hero member

Activity: 658

Merit: 503

Monero Core Team

Quote from: ArticMine on February 19, 2015, 02:09:08 AM

This would not work because of timing analysis on the XBT for starters. In addition it creates a significant regulatory risk. The way to benefit from the privacy of the XMR is to hold the XMR for a period of time. For example a person that is paid in XBT would use XBT to purchase XMR, transfer the XMR to a second wallet to deal with an exchange not using a high enough mixin, wait a few weeks, and then spend an uncorrelated amount of XBT via XMR.TO. In short without a market exposure to XMR over a period of time I doubt one can benefit from the privacy of XMR

Could you extend this into an article for the MEW website? Or an entry in the wiki, maybe in the advocacy section (although not the ideal place)?

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: mmortal03 on February 18, 2015, 10:13:25 PM

Quote from: dnaleor on February 18, 2015, 08:59:58 PM

Quote from: GingerAle on February 18, 2015, 08:57:00 PM

my guess is the xmr.to definitely helped.

yeah!
I'll recommand that service for anyone who wants to pay anonymously. It's a very usefull service

Using that service means more XMR will be sold (adding liquidity which is a positive thing)
therefore I call on current (bag-)hoders to just buy XMR when you want to use xmr.to Wink

(keep your wallets cold!)

This service can drive demand up and add new people to the community who will start to take some fresh monero off the market

Would it not be possible for them to also set it up to accept bitcoins, convert those to moneroj, and then back to bitcoins to make your payment?

This would not work because of timing analysis on the XBT for starters. In addition it creates a significant regulatory risk. The way to benefit from the privacy of the XMR is to hold the XMR for a period of time. For example a person that is paid in XBT would use XBT to purchase XMR, transfer the XMR to a second wallet to deal with an exchange not using a high enough mixin, wait a few weeks, and then spend an uncorrelated amount of XBT via XMR.TO. In short without a market exposure to XMR over a period of time I doubt one can benefit from the privacy of XMR

mmortal03

legendary

Activity: 1762

Merit: 1011

Quote from: dnaleor on February 18, 2015, 08:59:58 PM

Quote from: GingerAle on February 18, 2015, 08:57:00 PM

my guess is the xmr.to definitely helped.

yeah!
I'll recommand that service for anyone who wants to pay anonymously. It's a very usefull service

Using that service means more XMR will be sold (adding liquidity which is a positive thing)
therefore I call on current (bag-)hoders to just buy XMR when you want to use xmr.to Wink

(keep your wallets cold!)

This service can drive demand up and add new people to the community who will start to take some fresh monero off the market

Would it not be possible for them to also set it up to accept bitcoins, convert those to moneroj, and then back to bitcoins to make your payment?

nioc

legendary

Activity: 1624

Merit: 1008

It's because I was thinking of buying more and just this minute received more btc in my polo account.

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

Quote from: GingerAle on February 18, 2015, 08:57:00 PM

Quote from: dnaleor on February 18, 2015, 08:53:37 PM

Quote from: 2dogs on February 18, 2015, 08:49:59 PM

Quote from: ?? on ??

Quote

14.9.2015 9 357 075 12 500

Half coins mined and emission rate halved. Seems like a good time for XMR to take-off proper Grin

Something is causing an over 10% increase on Polo right now.

I like green dildo's Grin

(and you can quote me on that)
snp
short term downtrend break out btw
long term is broken at 0.00126. We need to go above 0.00131 to get a confirmation, above 0.0014 before a nice rally can start

my guess is the xmr.to definitely helped.

yeah!
I'll recommand that service for anyone who wants to pay anonymously. It's a very usefull service

Using that service means more XMR will be sold (adding liquidity which is a positive thing)
therefore I call on current (bag-)hoders to just buy XMR when you want to use xmr.to Wink

(keep your wallets cold!)

This service can drive demand up and add new people to the community who will start to take some fresh monero off the market

GingerAle

legendary

Activity: 1260

Merit: 1008

Quote from: dnaleor on February 18, 2015, 08:53:37 PM

Quote from: 2dogs on February 18, 2015, 08:49:59 PM

Quote from: ?? on ??

Quote

14.9.2015 9 357 075 12 500

Half coins mined and emission rate halved. Seems like a good time for XMR to take-off proper Grin

Something is causing an over 10% increase on Polo right now.

I like green dildo's Grin

(and you can quote me on that)
snp
short term downtrend break out btw
long term is broken at 0.00125. We need to go above 0.00132 to get a confirmation, above 0.0014 before a nice rally can start

my guess is the xmr.to definitely helped.

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

Quote from: 2dogs on February 18, 2015, 08:49:59 PM

Quote from: ?? on ??

Quote

14.9.2015 9 357 075 12 500

Half coins mined and emission rate halved. Seems like a good time for XMR to take-off proper Grin

Something is causing an over 10% increase on Polo right now.

I like green dildo's Grin

(and you can quote me on that)

short term downtrend break out btw
long term is broken at 0.00126. We need to go above 0.00131 to get a confirmation, above 0.0014 before a nice rally can start

2dogs

legendary

Activity: 1267

Merit: 1000

Quote from: ?? on ??

Quote

14.9.2015 9 357 075 12 500

Half coins mined and emission rate halved. Seems like a good time for XMR to take-off proper Grin

Something is causing an over 10% increase on Polo right now.

wpalczynski

legendary

Activity: 1456

Merit: 1000

I cant see how that will have an effect. There is no reward halving in Monero as you said, emission tapers off gradually over time. Reward is decreased over and over every day.

Quote from: ArticMine on February 18, 2015, 05:08:15 PM

Quote from: dnaleor on February 18, 2015, 02:49:25 PM

Quote from: ?? on ??

Quote

14.9.2015 9 357 075 12 500

Half coins mined and emission rate halved. Seems like a good time for XMR to take-off proper Grin

actually, it's a few weeks earlier:

Quote

3.9.2015 9 218 626 12 690

but certainly, emission halving is big

Emission halving is significant because of its psychological value, given that many XMR traders have an extensive experience with XBT trading. There is however in principle nothing special here because of the continuous emission curve. It is not as if the XMR emission curve is some propriety secret.

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: dnaleor on February 18, 2015, 02:49:25 PM

Quote from: ?? on ??

Quote

14.9.2015 9 357 075 12 500

Half coins mined and emission rate halved. Seems like a good time for XMR to take-off proper Grin

actually, it's a few weeks earlier:

Quote

3.9.2015 9 218 626 12 690

but certainly, emission halving is big

Emission halving is significant because of its psychological value, given that many XMR traders have an extensive experience with XBT trading. There is however in principle nothing special here because of the continuous emission curve. It is not as if the XMR emission curve is some propriety secret.

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

Quote from: ?? on ??

Quote

14.9.2015 9 357 075 12 500

Half coins mined and emission rate halved. Seems like a good time for XMR to take-off proper Grin

actually, it's a few weeks earlier:

Quote

3.9.2015 9 218 626 12 690

but certainly, emission halving is big

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

farfiman

legendary

Activity: 1449

Merit: 1001

Quote from: matej krkic on February 18, 2015, 03:39:33 AM

Quote from: Wexlike on February 18, 2015, 03:11:13 AM

Are we going to test 0.0009 soon? Great buying opportunity, it's just so much trouble to take coins out of cold storage.

"Great buying opportunity" should become the main slogan of XMR. If've been hearing this phrase all the time )

It's basically the slogan of all coins.

A few ( very few ) will turn out to be correct.

matej krkic

full member

Activity: 308

Merit: 100

Quote from: Wexlike on February 18, 2015, 03:11:13 AM

Are we going to test 0.0009 soon? Great buying opportunity, it's just so much trouble to take coins out of cold storage.

"Great buying opportunity" should become the main slogan of XMR. If've been hearing this phrase all the time )

Wexlike

legendary

Activity: 1473

Merit: 1086

Are we going to test 0.0009 soon? Great buying opportunity, it's just so much trouble to take coins out of cold storage.

razen489

full member

Activity: 196

Merit: 100

Belif there is demand for an anonymous currency. DRK was in a bull for a bit and it has relaxed now https://www.coingecko.com/en/price_charts/darkcoin/btc
Monero will come soon https://www.coingecko.com/en/price_charts/monero/btc

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

My take is that we are still in a bear market, but one where the bears are getting really tired and running out of steam. One the technical side there is a falling wedge developing. This actually supports my sub-wave count for wave V, since it supports the overlap between sub wave 1 and sub wave 4. This triangle is the one exception to keep this Elliot Wave count valid. No one has called me on this yet. A falling wedge is also an indicator of a turnaround.

The danger for the bears lies in the database that is already out there combined with the silence from the devs. My take is that if there is a breakout to the upside it will sudden and sharp.

G2M

sr. member

Activity: 280

Merit: 250

Activity: 616

Quote from: ArticMine on February 17, 2015, 08:02:55 PM

Quote from: G2M on February 17, 2015, 05:19:17 PM

I don't think this coin has sustained one single sideways motion since its inception, not even once.

So if you see it moving sideways, expect it to shoot downward a few days later.

Actually sideways for the next couple of weeks would be bullish, since this would mean breaking the downward trend line and strengthening the case for failed bear market with a truncated 5th wave. My take is that the bears have to make their case sooner while the bulls have a bit more time.

Really bullish, IMO, because it would be the first sideways movement that not only didn't end up in a continued downtrend, it would also break the down trend as well as you said, while also not putting it into a distinguishable up trend .. although sideways at this point will mean that we will have settled on a higher low, first one in a while if were to happen.

The amount produced per day, while still high, happens to have a really reasonable cost at the moment.

Adding to a bullish trend at this point would be the knowledge that the competition is able to sustain a continued daily market absorption of somewhere to the tune of 30 BTC.

Not so sure bears have much left to say. I see a few 15 k orders pop up from obvious bear sellers, and I think theres one on the market this minute.

If they were going to make their case, i think it's apparent that it's being made right around now. It's right around the price point I'd expect as well @ .001, plus a little lower for desperate holders.

Honestly, I'm bearish right now, and I don't really like being bearish Angry

Got so used to being bullish that I forgot what that's like!

Topic: [XMR] Monero Speculation - page 2066. (Read 3313076 times)