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Topic: [XMR] Monero Speculation - page 34. (Read 3314316 times)

legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
June 10, 2021, 10:32:53 AM
OK... So we ended a great run recently...

Not price.

Transactions.

After jumping up to over 30 per day avg, after the Muskpocalypse we seemed to have dumped back down to just a little more than 1/2 that.

What does this mean?

hodling/indecision
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
June 10, 2021, 10:30:32 AM
OK... So we ended a great run recently...

Not price.

Transactions.

After jumping up to over 30 per day avg, after the Muskpocalypse we seemed to have dumped back down to just a little more than 1/2 that.

What does this mean?
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
June 09, 2021, 07:42:00 AM
Monero at this time is having a lot of relevance, it has attracted the attention of investors, however the market movements for btc have delayed the movements of Monero due to its price drop, Monero may drop a little more in price, however many are waiting to buy in the dip:


Quote
The relative Strength Index on Monero’s 4-hour chart highlighted that it was making slight recoveries and heading towards the neutral zone after briefly being the oversold zone. However, selling pressure was dominant over buying pressure which pulled the asset’s price down.

Moreover, Squeeze Momentum Indicator showed dominant bearish momentum as the red bars increased in length at press time.
Source: https://ambcrypto.com/bitcoin-cash-chainlink-monero-price-analysis-08-june/

I think that the best time to buy XMR is now, because if more BTC falls, many investors will buy in the dip, they do similar things to how they do with BTC.
legendary
Activity: 2604
Merit: 1748
June 08, 2021, 05:08:15 PM
^  Yup.  I had like 60% of my trading stuff over there back in the day and the rest at Bittrex and BTCe.  No KYC, annoying the mods in the troll box, overall high volume across the board for the more popular altcoins.

And I remember there were pairs that had XMR as the base currency.  The original owner prolly is waaay ahead of his time.  Grin

Yes, Polo was cool back in the day - and Monero was a part of its success.  Like others, I moved there as soon as Monero was listed - just to actually be able to buy some.   

Running XMR pairs was about the exchange's fondness for the coin, I assume. 
Of course Tristan d'Agosta sold up in the end and it's never really been the same since.  It was a bit iffy and chaotic, but it was cool.  It was one of the big exchanges at one point.  I still have a kind of loyalty to it, probably irrationally nostalgic - but lately I have reluctantly moved half my alt trading off it in favour of Finex.

Now Polo's moving as fast as it can into Defi stuff (driven in part by investor Justin Sun of course) but I am a bit too old school for Defi.

I still can't resist trading some alts, though.  That said - all alts except Monero are just for stacking a little BTC.  If I trade Monero, it's to get more Monero.  It's just too good to let go of and certainly underpriced.
full member
Activity: 144
Merit: 131
June 08, 2021, 06:47:09 AM
The MONERO MOON (Issue 18) is OUT NOW! After a short break we are back with all your Monero news to keep you up to date with what's been happening in the Monero community.

https://medium.com/themoneromoon/the-monero-moon-issue-18-a5db3bed9279


Be sure to share, like, and spread the word or Monero.

legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
June 07, 2021, 11:16:40 AM
^  Yup.  I had like 60% of my trading stuff over there back in the day and the rest at Bittrex and BTCe.  No KYC, annoying the mods in the troll box, overall high volume across the board for the more popular altcoins.

And I remember there were pairs that had XMR as the base currency.  The original owner prolly is waaay ahead of his time.  Grin
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
June 06, 2021, 06:55:30 PM
^What's Jim got to do with it, cAPSLOCK...?  Wink

Mini news: Poloniex has XMR in 'wallet maintenance' no withdrawals or deposits.  Normally I would say 'so what' but ETC has been in this 'cage' for months now, and that is no exaggeration, it really has been months.   ...

Polo has been a scam exchange for years now (since circle acquisition), such a shame it was the best one back in the day.
legendary
Activity: 2604
Merit: 1748
June 06, 2021, 05:47:08 PM
^What's Jim got to do with it, cAPSLOCK...?  Wink

Mini news: Poloniex has XMR in 'wallet maintenance' no withdrawals or deposits.  Normally I would say 'so what' but ETC has been in this 'cage' for months now, and that is no exaggeration, it really has been months.   Eventually of course eventually people sell to get out, so the price drops. ETC was trading 30% under market price at times and it's still under now.

I am deeply suspicious of the ETC nixing, as nothing similar has happened elsewhere and of course an unscrupulous exchange might just scoop up coins and sell them on ANY other exchange at a premium. Oddly NO other exchanges are having the same 'wallet' issue. Now it's our coin which is in the cooler.

So, as they used to say on Hill Street Blues... 'Let's be careful out there'

legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
June 03, 2021, 09:00:54 AM
I know nothing about TA and it might be called a "Doom Rigging" or something if I looked it up, but I am very fond of this little triangle we have forming and think it will need to resolve some way or the other.  With the general crypto landscape looking tentatively  positive I am thinking when we see volume comes it it is likely to be to the upside.  Sorry for jimxing it. Wink

legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
June 01, 2021, 11:26:10 AM
Somehow XMR has positioned itself as one of the currencies that investors should pay the most attention to, the reason is unique, apparently the bulls are eager to push the price, of course this has a lot to do with the analysis below:


Quote
If they succeed, the XMR/USDT pair could start a relief rally that may reach the 61.8% Fibonacci retracement level at $368.45. This level may act as a stiff resistance because traders who had bought at higher levels may close their positions.

Source: https://cointelegraph.com/news/top-5-cryptocurrencies-to-watch-this-week-btc-matic-eos-xmr-aave

Monero I see it well, although there is a lot of uncertainty in the market, it is a coin that I think has a good chance of shining even more.
jr. member
Activity: 90
Merit: 6
jr. member
Activity: 90
Merit: 6
May 30, 2021, 02:12:09 AM
As we are approaching the 1 xmr mining reward, what do you think of the tail emission?


It makes me feel secure. Cheesy

And I know that when I may NEED to do a TX the fee rate will be acceptable, as the miners have an incentive to keep tx fee low (prevent spams). Meaning that this fix inflationary tax is worth it, imho.

Xmr is what btc was meant to be : real digital money.

fungible (only possible with private txs), meaning that I don't have to do a full kyc/aml money history analysis to accept a payment, like with physical cash and that I can use it in real life, for example to buy a green dildo, without having some stalkers raising my perversion scoring...
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
May 29, 2021, 08:06:27 PM
As we are approaching the 1 xmr mining reward, what do you think of the tail emission?


It makes me feel secure. Cheesy
newbie
Activity: 24
Merit: 0
May 29, 2021, 07:39:21 PM
https://twitter.com/comit_network/status/1398200695015174144

And officially confirmed. Commit team was the one that made first BTC Monero atomic swaps. Small step for Monero, giant leap for Bitcoin.

Hi,
Let's say I'm a beginner without much cli experience and I want to trade some of my moneros for bitcoins.
Can I use this?
I've checked a bit but I'm not sure...
Is there a guide? I'm not familiar with github, i dont even have an account lol

Thanks xx
jr. member
Activity: 90
Merit: 6
May 29, 2021, 04:58:44 PM
As we are approaching the 1 xmr mining reward, what do you think of the tail emission?
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
May 29, 2021, 12:49:41 PM
^  You mean the sell walls that get eaten up like nothing?  Yup.  I used to see those too when I was doing much of my trading there.  This was way back in the day when Polo was cool.

But knowing that, isn’t the opposite literally the opposite too?  Buy orders get eaten up like nothing?  Grin
legendary
Activity: 2604
Merit: 1748
May 29, 2021, 05:52:20 AM
A small positive indicator...   
I have always traded alts on Poloniex since Monero was first listed there.  So I know how XMR/BTC trades there pretty well.   I can't ever recall a time when XMR bids were overwhelmingly larger than asks.  Normally (even when XMR was bullish) you could see 3 times as many on sale as being bid for.  Right now bids are way more than asks. 

I know Polo is not nearly as significant as other exchanges now.   But it is evidence of less XMR availability and therefore bodes well. 

I am feeling bullish on XMR and on BTC, I think both will have an epic year - even if it doesn't look so hot right now.   Patience is a virtue.
legendary
Activity: 2744
Merit: 1288
May 28, 2021, 11:21:59 PM
https://twitter.com/comit_network/status/1398200695015174144

And officially confirmed. Commit team was the one that made first BTC Monero atomic swaps. Small step for Monero, giant leap for Bitcoin.

And again we don’t see this in the price Sad

The price is everywhere for last few months. It goes 20% up and down in two days. It went 30% up now in BTC, but considering previous months that is almost nothing. If this would happen a year ago this price increase would be huge. Lets see what will happen next week.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
May 28, 2021, 10:56:48 PM
Well now... Grin
jr. member
Activity: 90
Merit: 6
May 28, 2021, 07:26:31 AM
I disagree with both of you, I seriously start to believe that bitcoin is finished (centralized, blacklisted txs, not fungible and totally centralized... Meaning that once you ramp on XMR, be it with atomic swaps, haveno, comit or various other decentralized projects, it's time to build an economy !

What I believe is that it's with Haveno dex exchange and others atomic swaps we have everything needed for the cryptos interfaces.

What I think would really increase individual (institutional money are ultimately just subalterns (richly paid) of the federal reserve) participation is OpenBazaar-like natively on XMR.

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