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Topic: [XMR] Monero Speculation - page 30. (Read 3314316 times)

hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
August 07, 2021, 05:47:37 PM
  24HR Trading volume and transaction count are both up about 50% since I looked this morning.  What news?  I mean, about time, but why today?  

No se.  But the transaction volume is nuts. And the Fluffy news?? No press is bad press?  I really don't know.  But it is being used for sure.

The volume is following it's normal weekly pattern, but has rocketed up to 2x what it was for a couple months (!) and in the midst of all time volume highs.

just heard fluffy dick rekt Tongue what a chump.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
August 06, 2021, 03:10:02 PM
  24HR Trading volume and transaction count are both up about 50% since I looked this morning.  What news?  I mean, about time, but why today?  

No se.  But the transaction volume is nuts. And the Fluffy news?? No press is bad press?  I really don't know.  But it is being used for sure.

The volume is following it's normal weekly pattern, but has rocketed up to 2x what it was for a couple months (!) and in the midst of all time volume highs.

I don't see why fluffy pony's news that is even unrelated to crypto as far as I know should have any impact on Monero. Even if you are an evil dude from an evil newspaper, coming up with a plausible connection between Monero being used for evil and Spagni having done some shitty stuff ages ago is quite an interesting effort I guess! Cheesy

I'm of the opinion TPTB thought they would get a nice dump on fluffy news and once they didn't it struck them that this is the floor, there are no weak hands left and all their fractional reserve dumping is about to come home to reap their ass.
hero member
Activity: 1708
Merit: 553
Play Bitcoin PVP Prediction Game
August 06, 2021, 02:58:24 PM
  24HR Trading volume and transaction count are both up about 50% since I looked this morning.  What news?  I mean, about time, but why today?  

No se.  But the transaction volume is nuts. And the Fluffy news?? No press is bad press?  I really don't know.  But it is being used for sure.

The volume is following it's normal weekly pattern, but has rocketed up to 2x what it was for a couple months (!) and in the midst of all time volume highs.

I don't see why fluffy pony's news that is even unrelated to crypto as far as I know should have any impact on Monero. Even if you are an evil dude from an evil newspaper, coming up with a plausible connection between Monero being used for evil and Spagni having done some shitty stuff ages ago is quite an interesting effort I guess! Cheesy
full member
Activity: 658
Merit: 101
August 06, 2021, 03:04:19 AM
I own xmr and i think in the future money transactions should be private, its what people and what people looking for , and they only can find privacy in their money its by using monero. So i think this coin its going very usefull in the near future and about the price speculatuion XMR i think the price can reach 280-300$ in this month and talking about long term my first goal about this coin is bounce back into the new ATH which is $600 in the end of this year.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
August 05, 2021, 07:16:09 PM
  24HR Trading volume and transaction count are both up about 50% since I looked this morning.  What news?  I mean, about time, but why today?  

No se.  But the transaction volume is nuts. And the Fluffy news?? No press is bad press?  I really don't know.  But it is being used for sure.

The volume is following it's normal weekly pattern, but has rocketed up to 2x what it was for a couple months (!) and in the midst of all time volume highs.

I'm not sure as I have no clue about it but I noticed a chart Articmine posted showed dash transaction volume tanking and monero volume rising about the same amount so I'm wondering if some dashtards started wising up?
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
August 05, 2021, 05:12:37 PM
  24HR Trading volume and transaction count are both up about 50% since I looked this morning.  What news?  I mean, about time, but why today?  

No se.  But the transaction volume is nuts. And the Fluffy news?? No press is bad press?  I really don't know.  But it is being used for sure.

The volume is following it's normal weekly pattern, but has rocketed up to 2x what it was for a couple months (!) and in the midst of all time volume highs.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
August 05, 2021, 03:36:04 PM
The good news is around for Monero, although some highs have been falling, Monero has shone, it is expected that it may continue to increase, the fact that it has risen more than 6% is an indication that the confidence on the part of investors towards the The best privacy coin is getting stronger, some technical indicators show that it will continue to grow, however I think that you have to be moderate when trading:


Quote
Buying pressure remained considerable in the market despite the fall in Relative Strength Index as the indicator remained above the neutral zone.
Source: https://ambcrypto.com/xrp-monero-and-dash-price-analysis-05-august/

Seeing that the volume of Monero has increased as it is rising, it is a very optimistic indication, of all the cryptocurrencies that there are I think that Monero has great survival power, and I think that people will start looking more for Monero to provide privacy and anonymity to their transactions, more so now that they want in some countries to control crypto transactions and charge more taxes.
full member
Activity: 144
Merit: 131
August 05, 2021, 09:34:07 AM
The Monero Moon (Issue 24) is now available for your reading pleasure. Grab a cup of coffee or a bottle of beer and kick back for a read. Like, share, and spread the word of Monero as it continues to grow and offer unmatched financial privacy.

https://medium.com/themoneromoon/the-monero-moon-issue-24-2ac67a7a5c19
legendary
Activity: 2016
Merit: 1259
August 04, 2021, 07:09:46 PM
   24HR Trading volume and transaction count are both up about 50% since I looked this morning.  What news?  I mean, about time, but why today?  
member
Activity: 70
Merit: 14
August 04, 2021, 02:04:19 PM
^  I’m not worried about that.  I’m worried about him being a Monero core team member who could be held indefinitely.  I know it’s mostly fun and games from our end in the forum trading these coins but XMR is a serious project.  Try listening to the stuff binaryFate talks about.  It’s like he’s into some serious deep sh*t.

Don't even think to play with the american or any of it's allies so called justice system, soviet courts were way fairer, honest and just than anything those imposters pretend to carry >>> FFFFLLLLEEEE no extradition with severe WMDs capabilities and full territorial control to dissuade any no-iq mfers from those country to even think to dare to try a "black op".
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
August 04, 2021, 12:08:23 PM
^  I’m not worried about that.  I’m worried about him being a Monero core team member who could be held indefinitely.  I know it’s mostly fun and games from our end in the forum trading these coins but XMR is a serious project.  Try listening to the stuff binaryFate talks about.  It’s like he’s into some serious deep sh*t.
jr. member
Activity: 41
Merit: 7
August 03, 2021, 01:25:01 PM

I’m getting worried for him tbh.

Don't be worried. He apparently just missed a court date or something to that effect:
https://twitter.com/Spatzipantz/status/1422533018397384709
legendary
Activity: 2016
Merit: 1259
August 03, 2021, 12:37:10 PM
Wtf going on with Fluffy guys..  I heard he was arrested somewhere in the US.  And who’s with him right now?  What I heard is he’s being hassled for fraud or something he did way waaay back before crypto.  

Edit:  It’s in Coindesk

https://www.coindesk.com/former-monero-maintainer-fluffypony-to-be-extradited-for-non-crypto-crimes

Rofl it says:  ‘ Spagni is believed to have “significant cryptocurrency assets that would enable him to flee” as well as a “watch valued at $800,000,” according to the warrant.’.

Don’t forget to highlight that watch!  Lolol.

Edit:  The Monero core team removed him from all admin access to Monero repos.

https://www.reddit.com/r/Monero/comments/ox1167/in_light_of_fluffypony_s_being_offline_and_in/

Dev team is on to the Feds.

Edit:  Reading most of the replies here:  https://www.reddit.com/r/Monero/comments/owkdlk/moneros_former_maintainer_arrested_in_us_for/

I’m getting worried for him tbh.

   Damn.  What's worse right now?  SA, or US?  At least he can afford the best bloodsuckers.

Meanwhile...

MONTHLY TRANSACTION COUNT
                     Monero        Bitcoin         Ratio
Aug 2021 (est)   1,347,074   6,578,727   20.48%
Jul 2021        722,890   6,813,109   10.61%
Jun 2021        547,057   6,516,445   8.40%
May 2021       718,906   7,791,611   9.23%
Apr 2021      748,099   8,349,964   8.96%
Mar 2021      716,065   9,342,128   7.66%
Feb 2021      517,843   8,969,658   5.77%
Jan 2021      607,989   10,075,353   6.03%
Dec 2020        593,322   9,732,999   6.10%
Nov 2020        523,842   9,145,550   5.73%
Oct 2020        501,273   9,284,673   5.40%
Sep 2020        396,854   9,495,331   4.18%

http://monero.how

Looking like higher highs in hash rate as well.


Is BTC transaction count going to stagnate, with coin shortages and Lightning taking off?

Regardless, I can't see XMR languishing in triple digit$ much longer.

legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
August 03, 2021, 10:35:26 AM
Wtf going on with Fluffy guys..  I heard he was arrested somewhere in the US.  And who’s with him right now?  What I heard is he’s being hassled for fraud or something he did way waaay back before crypto.  

Edit:  It’s in Coindesk

https://www.coindesk.com/former-monero-maintainer-fluffypony-to-be-extradited-for-non-crypto-crimes

Rofl it says:  ‘ Spagni is believed to have “significant cryptocurrency assets that would enable him to flee” as well as a “watch valued at $800,000,” according to the warrant.’.

Don’t forget to highlight that watch!  Lolol.

Edit:  The Monero core team removed him from all admin access to Monero repos.

https://www.reddit.com/r/Monero/comments/ox1167/in_light_of_fluffypony_s_being_offline_and_in/

Dev team is on to the Feds.

Edit:  Reading most of the replies here:  https://www.reddit.com/r/Monero/comments/owkdlk/moneros_former_maintainer_arrested_in_us_for/

I’m getting worried for him tbh.
member
Activity: 70
Merit: 14
July 29, 2021, 01:45:10 PM
Base reward
0.923460305405
Transactions fee
0.00065077
Reward
0.924111075405
Total coins in the network
17,962,585.841220390052
Total transactions in the network
17,563,091

https://minergate.com/blockchain/xmr/block/3beec8d6de071623e7ee05d8a225adc5ff923844920d017f96ca80df3a1a5424

Wink ! XMR is made to be used ! ever tried : https://xmr.poker/en/join (I am not affiliated, I just like to win your XMRs Cheesy).
legendary
Activity: 2016
Merit: 1259
July 29, 2021, 11:44:02 AM
   With only 2 days remaining to close out the month, the monthly transaction count has made a significant recovery.


                           XMR            BTC              RATIO
Jul 2021 (est)   714,553   6,739,989     10.60%

 www.Monero.how


legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
July 29, 2021, 11:28:41 AM
Monero is one of the most winning coins on the market, it has risen its market capitalization by 3.62% and has increased by 2.5%, the Monero bulls are seen to have bought in the dip, which is a strategy that many investors did , not bad, it's a very smart move:



Quote
Monero’s price action was halted after yesterday’s plunge in prices, however, over the last 24 hours XMR rose by 2.5%. At press time, the coin was trading for $230, gaining 23.3% over the last week. On the upside, if bulls gain momentum, prices could see resistance at $232 and with a fall, support region lies at $215. Market capitalization increased by 3.62% overnight.

Source: https://ambcrypto.com/monero-matic-and-binance-coin-price-analysis-july-28/
For now Monero represents a very good investment, of course BTC is the one who gives the direction to follow in the market, but due to the characteristics of Monero it is a great investment option.


you wrote that, or it's just some copy-paste for your sig campaign?

It is an article under which, I analyzed it, put the image and cited a part of it, it is never copy-paste because I placed the source, I place it that way because the analysis seems very interesting to me, when it is copy-paste is when plagiarism is done without acknowledging the author, now the fact that the comment that Monero does it good for BTC to continue rising and recovering is beneficial is due to the fact that investors will see more confidence in the market, and if there is a slight correction, the most They are likely to use Monero as a possible haven of value. Maybe you didn't see that I placed the source>: https://ambcrypto.com/monero-matic-and-binance-coin-price-analysis-july-28/

And if you understand a little more about the volume, it is easy to deduce that they were buying in the dip, if you go further back in the history of Monero it can be deduced.
member
Activity: 70
Merit: 14
July 29, 2021, 11:19:58 AM
Monero is one of the most winning coins on the market, it has risen its market capitalization by 3.62% and has increased by 2.5%, the Monero bulls are seen to have bought in the dip, which is a strategy that many investors did , not bad, it's a very smart move:



Quote
Monero’s price action was halted after yesterday’s plunge in prices, however, over the last 24 hours XMR rose by 2.5%. At press time, the coin was trading for $230, gaining 23.3% over the last week. On the upside, if bulls gain momentum, prices could see resistance at $232 and with a fall, support region lies at $215. Market capitalization increased by 3.62% overnight.

Source: https://ambcrypto.com/monero-matic-and-binance-coin-price-analysis-july-28/
For now Monero represents a very good investment, of course BTC is the one who gives the direction to follow in the market, but due to the characteristics of Monero it is a great investment option.


you wrote that, or it's just some copy-paste for your sig campaign?
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
July 29, 2021, 09:32:37 AM
Monero is one of the most winning coins on the market, it has risen its market capitalization by 3.62% and has increased by 2.5%, the Monero bulls are seen to have bought in the dip, which is a strategy that many investors did , not bad, it's a very smart move:



Quote
Monero’s price action was halted after yesterday’s plunge in prices, however, over the last 24 hours XMR rose by 2.5%. At press time, the coin was trading for $230, gaining 23.3% over the last week. On the upside, if bulls gain momentum, prices could see resistance at $232 and with a fall, support region lies at $215. Market capitalization increased by 3.62% overnight.

Source: https://ambcrypto.com/monero-matic-and-binance-coin-price-analysis-july-28/
For now Monero represents a very good investment, of course BTC is the one who gives the direction to follow in the market, but due to the characteristics of Monero it is a great investment option.
member
Activity: 70
Merit: 14
July 25, 2021, 12:30:34 PM
The basic question : can the market understand that a digital currency needs inflation to be fully functional? It's hard to have a Store of Value / medium of exchange on a non inflationary basis... in a PoW context. Otherwise privacy isn't even a question, but even on a clear chain the easiest way is to bring to end of life those seeking to breach it / control everything.
How do you call someone trying to follow you and see what you do each time you open your physical wallet and spend or receive a bank note? A stalker? A threat? A psycho? You can as always paper trail him to the nearest police station (if those thing still exist in your neck of the wood) or to a darker alley...

be ready for max fud by the control freaks (cbds, aka central bank digital scams) and others "open chain data harvesters".

As far as inflation goes, I personally do not think this is a settled question. 

The bitcoin experiment is a long way off from no block subsidy.
Decades will pass before we get close.
Either blocksizes will have increased, or layered systems will allow bitcoin to be a settlement chain with very dense, but very expensive transactions on the base chain.

Monero will probably need this as well frankly.  It's emission barely even lifts it out of deflationary status in my opinion.



I agree with you, the "inflation" rate on monero is super low... I mean as base 0.6 xmr every ~2.5min. However I think it provides just the right amount incentive to keep the miners mining and as such the network decentralized and resilient, specially that it's CPU only.

I am in no way a nobitcoiner or stupid maximalist. It's just another chain, with, imho, a closer realization of the project of satoshi.

Monero blocks are elastic, so... there is no big block psychological war here. The more txs, the more the base mining inflation is increased, hoping that it bring decentralized and resilient mining interest.

The basic question : can the market understand that a digital currency needs inflation to be fully functional? It's hard to have a Store of Value / medium of exchange on a non inflationary basis... in a PoW context.

Since you mention PoW I imagine you talk about monetary inflation. Right now, although most people are convinced opposite there is no big coin without monetary inflation. Yes many coins have plans to have none 100 years from now. But if we look 100 years back and imagine changes will be much faster in next 100 years, probably none coin will survive until then.

Only important question is what % should it be. The basic answer to this should be 1.7%, the same as Gold have.  Bitcoin is there right now, and it seems it works quite well for him.

My mention of PoW was as explained above oriented primarily on the mining side of the equation. Including that holders too pay a kind of fee, by storing value in XMR, contributing as such to the safety of the PoW network (mininers income), again reinforcing the decentralized and resiliency of the network (in particular against nation state attempt of take down).

However from an economic perspective, it's madness to take a loan (bring now forward income (which is what a loan is)) in BTC... meaning that you may never be able to repay it if the supply "locks"... (be it in fiat or btc), with XMR there is an opportunity due to the low inflation rate to be able to repay it (adding the lost coins / dead holders paradigm), meaning that monero seems a good opportunity to build an economical ecosystem.

the real goal isn't to "store value" but to increase currency velocity, so that the real goods you hold, have the most use for you, at any given time.

However as you and the previous poster said, time will tell...

The inflation rate of gold is responsive to market forces.

You can buy gold with monero if you wish... but gold supply in the absolute as nothing to do with "market forces", but just the laws of the universe. The question being if the universe is infinite Smiley. However, btc or xmr, are limited by maths...  and consensus, as such the point about miners financial health.

Thanks for your replies, have you tried : https://xmr.poker/en/join ?
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