Personally, I'd say that is not trolling or FUD. I'm not the thread starter, so I don't get a vote. If I did, I'd say that post in and of itself isn't begging for removal. Depends on what comes after. If it starts a little third grade slap fight like we frequently see, it might be worth removing.
Also worth noting who posts it. Oda.Krell is one thing--a poster with a loooooong record of adding value to the community., J1mb0 is something else entirely.
Topic: [XMR] Monero Speculation - page 2191. (Read 3313070 times)
Yes, fuck off if you want to troll with BS, come with facts and data or GTFO.
You realize you're the one who looks like the false flag troll right now, planted in here to make XMR look bad.
Well this is very much on topic. I would like to know if anyone can answer how Monero replaced LTC at Poloniex as the second trading coin?
I could speculate (like the title of this thread asks me to do), but someone must have an answer.
I could speculate (like the title of this thread asks me to do), but someone must have an answer.
LTC/Altpairs simply had not volume there, poloniex is a small exchange. LTC is on nearly all big exchanges so there´s no need to trade it on polo.
LTC/Altpairs failed, no one traded it and they simply tried XMR than because it is the coin with the most volume there.
No conspiracy involved there. Simple business decision from Poloniex.
There was a pitiful amount of coins for LTC to trade against. It got stuff like Corgi. So of course, volume would be low.
I don't visit Poloniex anymore, mainly because I am all in LTC (lol) so there is no reason to trade.
Last time I checked, XMR wasn't setting the exchange on fire with its own market.
I understand the idea of adding a coin as well as LTC ... Cryptsy did it with XPM, a few with Doge and Bittrex with BC (I think).
I can't fathom dumping LTC for a coin with just a few months under its belt that is not even traded on Cryptsy.
My guess is that XMR trades about 80% of its volume on Poloniex. If true, this begs the question why a small(ish) exchange is the one with all the volume?
Do we want to a) call this "trolling / FUD", and b) removed it from the thread?
It is trolling / FUD, Bitcoin is the pseudo-anonymous coin, start removing it now or it'll turn into caos like before
delete his comment too pls, its offtopic.
In other words, you want this thread to be one big group of investors patting each other on the back for investing in the bestest coin ever.
I seriously hope that's not the opinion of the thread starter, and I hope you realize that you're running the risk of causing real damage to the perception of the XMR community if you want to censor critical questions and remarks by "outsiders".
Self-moderated thread for discussion of Monero trading and price speculation.
Off topic posts will be removed.
Discussion of what is on-topic or off-topic is on-topic especially at the start. I will consider such input and make a final decision on such suggestions, and that will edited into the OP.
Off topic posts will be removed.
Discussion of what is on-topic or off-topic is on-topic especially at the start. I will consider such input and make a final decision on such suggestions, and that will edited into the OP.
Thanks for opening a new speculation thread. I'm not a huge fan of self moderated threads, as they tend to invite abuse of power of the thread starter in my experience. That said, not wanting to give in to FUD posts/trolling is a valid reason for self moderation, so I'm not outright going to bash the attempt.
To get started, in addition to discussing what is "off topic" in this thread, I'd also like to see some clarification what constitutes "FUD / trolling"...
Just went through the last 10 or so pages of the old speculation thread, that was supposedly so infested by trolling and FUD, and couldn't find a single post that qualifies in my opinion. Guess they could have been mod-removed (via report), but that'd just be further evidence that self-moderation isn't really necessary to get rid of trolls.
What about Wachtwoord's posts? They provoked a pretty strong negative reaction by some, e.g.
But Monero is not truly anonymous, merely pseudo-anonymous. Doesn't that bother you?
Do we want to a) call this "trolling / FUD", and b) removed it from the thread?
Well this is very much on topic. I would like to know if anyone can answer how Monero replaced LTC at Poloniex as the second trading coin?
I could speculate (like the title of this thread asks me to do), but someone must have an answer.
I could speculate (like the title of this thread asks me to do), but someone must have an answer.
LTC/Altpairs simply had not volume there, poloniex is a small exchange. LTC is on nearly all big exchanges so there´s no need to trade it on polo.
LTC/Altpairs failed, no one traded it and they simply tried XMR than because it is the coin with the most volume there.
No conspiracy involved there. Simple business decision from Poloniex.
The most simple explanation for XMR replacing LTC on Poloniex: Trading volume of LTC and XMR on Poloniex
Well this is very much on topic. I would like to know if anyone can answer how Monero replaced LTC at Poloniex as the second trading coin?
I could speculate (like the title of this thread asks me to do), but someone must have an answer.
I could speculate (like the title of this thread asks me to do), but someone must have an answer.
Thx for this thread :-) please, keep fud away :-)
I will not be filtering negative opinions unless they are stupid (no meaningful analysis given e.g. "Monero Sucks"), repetitive, off topic (e.g. promoting some other coin), or offensive/abusive. I'm open to other suggestions on charter.
Thx for this thread :-) please, keep fud away :-)
On June 24 the block reward was 16 and today it is ~14.6 which is a 9% decrease in 2 months.
At what point will the decreasing emissions have a significant effect on price?
9% seems significant to me but I consider demand side paramount to any coin. Without demand it goes to zero regardless of emission.At what point will the decreasing emissions have a significant effect on price?
Just noticed XMR hit #11 on the coinmarketcap.com capitalization rank. It had mostly been 12-14 over the last few weeks.
If you get rid of the non-minable coins with basically arbitrary number of coins outstanding (Ripple, etc.) it jumps to #7. Click currencies then choose "Filter non-mineable"
Just noticed XMR hit #11 on the coinmarketcap.com capitalization rank. It had mostly been 12-14 over the last few weeks.
Corrected graph per rpietila catch.
If you can estimate the adoption rate then it would simply be the point in time at which adoption and emission curves intersect. Pretty sure Rpitila has all the numbers to do this if he hasn't done so already. I would ballpark it at around Dec-Feb.
I think the demand has already outstripped supply, or is about to do so any week from now.
BUT, because the beginning (from day 1 (and especially the exchange launch), until the point where demand is larger than emission) was bridged by speculators who bought the coin in anticipation of the demand starting, and by so doing kept the price rather high, it is not immediately obvious when the adoption overtakes emission. My calculation is that XMR is not loved by speculators currently, and even many who like the coin are temporarily out, waiting for the price to come down. This would mean rocket fuel at the point when it is clear to everybody that the 250-450 trading range is permanently behind us.
But then again - I maybe the person who thinks about these the most, but it does not mean I am right...
On June 24 the block reward was 16 and today it is ~14.6 which is a 9% decrease in 2 months.
At what point will the decreasing emissions have a significant effect on price?
At what point will the decreasing emissions have a significant effect on price?
9% seems significant to me but I consider demand side paramount to any coin. Without demand it goes to zero regardless of emission.
If you can estimate the adoption rate then it would simply be the point in time at which adoption and emission curves intersect. Pretty sure Rpitila has all the numbers to do this if he hasn't done so already. I would ballpark it at around Dec-Feb.
On June 24 the block reward was 16 and today it is ~14.6 which is a 9% decrease in 2 months.
At what point will the decreasing emissions have a significant effect on price?
At what point will the decreasing emissions have a significant effect on price?
Excellent data, and because I like histograms:
Code:
pricemin pricemax volume% cumulative
850 899 2 % 100 %
800 849 0 % 98 %
750 799 2 % 98 %
700 749 1 % 96 %
650 699 0 % 95 %
600 649 5 % 95 %
550 599 5 % 90 %
500 549 8 % 85 %
450 499 7 % 77 %
400 449 22 % 70 %
350 399 16 % 48 %
300 349 13 % 32 %
250 299 11 % 19 %
200 249 3 % 8 %
150 199 0 % 5 %
100 149 3 % 5 %
50 99 1 % 2 %
0 49 1 % 1 %
This shows that 48% of the volume has been traded below 0.00400. The all-time-average is 0.00410. Days above 0.00450 are rather rare (30% in total) whereas above 0.00650 is only 5% in total. The most traded range seems to be 0.00250-0.00450.
I regard the current price as cheap, because 68% of the volume has been traded at a higher price.
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