Topic: [XMR] Monero Speculation - page 27. (Read 3313076 times)

For anyone wondering when to buy, these low volume dips are perfect.
Every volume increase has been up for the last few months.

You made a pretty good prediction with the first bit...  we are yet to see if you are right about the second.  I would not bet on it, but it is easily possible.

XMR has proven to be a currency with a great capacity to continue giving pleasant surprises to investors, not only does it guarantee privacy, I believe that it is above many privacy coins and if I am not mistaken it is the one that has the most commercial movement after BTC and ETH. I share this analysis of the following article, I found it interesting:


Source: https://beincrypto.com/magnificent-seven-xtz-avax-tel-enj-xmr-sol-zen-biggest-gainers-aug-20-27/

It is a good time for the investment of XMR, so far BTC looks very bullish, of course everything can change, but the XMR bulls have been present to defend the good wall of the price levels of the currency.

Nice talk. He is specially right that, governments will not ban Monero. But they will do and are already doing such regulations for services that many service providers will and already are rather not bother with Monero since there are so many other coins.  That way they will hope people will simply stop using Monero.

https://odysee.com/@MoneroTalk:8/gratuitas.org-buy-coffee-and-tip-the:4?

Would be nice to see, long overdue I must say.

This guy has made some very bold predictions in the past, and some of them have been awesomely accurate...  THIS particular chart is one of the most bullish I have seen.  Right on the eve of atomic swaps.  With bitcoin doing what it's doing, and Monero threatening to continue to be bullish nomatter what happs to other alts, we might be one of the more happy threads on BCT soon. 

I am starting to get another tingly feeling.  Not that strong yet... but unmistakable. 



https://www.tradingview.com/chart/XMRUSDT/qavM4LCY-Watch-Monero-Fly/

It could also be TPTB have upgraded to hassling known members of the core team.  People might have forgotten about Fluffy getting held in a facility without bail for a white collar crime he allegedly did more than 10 years ago.  Poor guy...  I hope he’s ok but the XMR core team has to cut ties with him and assume that he is being turned.

A planned Sybil purchase attack on DNM vendors.

That could explain it. Giant burst of volume, with a trailing off follow through.  While watching IPs, and what they can see about monero traffic as well as traffic to and from the market(s).

Does anyone know if there are TOR stats on graphs somewhere?  # of nodes for example.  It would be interesting to see how that corresponds to Monero transactions, or not.

Getting itchy...

I think they moved to social engineering years ago.

That reminds me of something...

I have often thought, that since the IRS (and others) are so concerned about Monero privacy it would be feasible that they might try to sybil various aspects of the network.  Obviously the protocol itself is way ahead of almost anything other than TOR for privacy and things like dandelion++ make attacks on the protocol hard.

But a cryptocurrency is more than it's code, and protocol.  It is also it's community, it's users individually, the exchanges, and vendors etc.

I wonder if money is being spent by "whales" to be a lot of exchange traffic for example.

I have not thought about this a lot... there could be big holes in it.

It is a thing of beauty!

Volume is still low on exchanges but has picked up massively from the trend so I am thinking this is the signal that there is no more cheap coins dribbling into whale bags. I gotta say I'm a little concerned who these whales are though as they are the only ones left on these kyc exchanges..

Well it was a more than 20k transaction spike.  In one day.  And even weirder than the spike is the smooth drop.  It is still following that saw tooth pattern which is a faithful repeating patters of the most transactions happening on Monday and Tuesday, and the least on Saturday and Sunday. 

The spike and drop is interesting.  SOMETHING induced a 2x transaction jump.  In one day.  And from 1/12th to 1/6th of the amount of transactions bitcoin has... But even after dropping off... it stayed significantly higher.  As if something caused to heat up, and now it's cooling down.  But what causes that in a market?

The sawtooth is beautiful.  Coins that are traded on exchanges and used for speculation only do NOT have this sort of pattern as clearly.  Look at BCH.  It's basically a random walk.  This coin IS moved around more than Monero... but Monero follows a pattern that has been strengthening for over a year.  One that corresponds with the days the US Postal Service is delivering.  Or the days that vendors on online markets would take and process orders.  You want to get your stuff before the end of the week?  Better order it on Monday.  But no real use rushing to complete a purchase on a SAT or SUN... the vendors won't process it 'till Monday anyway.

So what are people doing with Bitcoin Cash?  Nothing really.

But the proof is on chain for Monero.

Inverted bart on transaction volume, interesting.

I have no clue what that means but I would like to think its coins moving off exchanges in preparation of swaps.

Indeed!  And the cool thing is all the atomic swaps or DEX trading int he world cannot play tricks with the number if I am understanding it deeply enough.  Interesting time.

And look at little XMR bucking the field yet again.  The transaction volume is very weird/interesting.  It's hard for me to imagine explanations for all the fairly non-random actions on that chart...  Like the recent strong spike (10 days ago or so) with a gentle falling off to where we were... it's a very strange effect, all encased in a weekly rhythm which i think is most certainly corresponding with DNM activity.

No other coin looks like this.  BTC and ETH come closest.  It is a signature, in my opinion, for a project with actual commerce at the core.

See the difference?

I lost coins on polo but its because I sent them back after they explicitly stated they would allow withdraw before kyc. Teach me to trust the fuckers.


People want to trade and its just convenient to have the coins handy especially when exchanges are always going into maintenance mode on wallets when high volume hits.




Luckily the Gov is doing it for us by scaring exchanges into delisting.

The word is out there and DEXes are popping up everywhere, not to mention AS so yeah the word is out there ban it off all exchanges and all that happens is they lose their Derivative market fuckery!

I guess it's just because I have never really been a trader... but I have NEVER understood holding coins on an exchange or ANY service.  I did not do it with Mt Gox, I did not do it with Polo. I (almost) never did it anywhere.

Even Seals with Clubs.  I kept the minimum pittance there ~$10-20 worth so I could jump in a SnG from time to time, but all the rest?  Withdrawn EVERY SINGLE DAY.  If I was going to play anything over pennies I would have to wait on my deposit to clear.

I would never guess that this many exit scams, fractional reserves, and rug pulls would happen and people would still not learn.

Full disclosure- even as paranoid as I have been, even I DID get caught on one exchange going down... I had left a small balance which was super rare.  I was just not as careful as usual. Not much back then, but worth quite a bit now.  All the more reminder to me to NEVER leave a balance anywhere I do not hold the keys, and if I do?  I consider it lost already.  I think I have a 100k SAT balance on Wallet of Satoshi.  But that's like a couple $20s in my pocket.  If I lose it... well I left it there.

Monero is just SO CHEAP and easy to use.  It was not always so.  Cheap, yes, but easy?  Not like now.  There is just about zero excuse.  Your reason up there is compelling entirely without the safety/self sovereignty angle.  But this has been attempted many times (proof of keys).  Even though we can essentially force a massive short squeeze by withdrawing everything...

We never do.

I've felt we have been held back and that may be letting up a bit. I wonder if its the holders are getting their coins off exchanges and putting the squeeze of the fuckers manipulating shit is finally paying off.

Interesting little blast up on decent volume.  Hmm.

Is it the dawn of atomic swaps?  Some percentage of the billionaires piling into bitcoin seeing the pearl that is Monero as well? 

It looks to me like only coins that have a use case (or even a decent claim to one) are riding up with BTC right now.  It's mostly the old school alts. The next tier shitcoins (ala polkadot) all seem to be limp, while things like Binance Coin are headed up (NOT an endorsement of that thing... but it is a coin with an actual use).  Not sure about the whole defi circus as I cannot stand to look at that without throwing up.

I keep patiently waiting for the time that we finally hear the buzz of "Wow.. Monero was really undervalued for such a long time... how did we not see that this was going to be one of the big ones?"

I have been meaning to post one of my "Can you feel it?  I can." posts for days now.  So i missed out on looking smart... lol/  But I do STILL feel it... We are not done yet, I don't think.