Does XMR work with any of the hardware wallets?
not yet but should be on ledger nano real soon, Q1 2018
Topic: [XMR] Monero Speculation - page 387. (Read 3313670 times)
not yet but should be on ledger nano real soon, Q1 2018
Does XMR work with any of the hardware wallets?
Monero had not had leg up from end of August. So almost half a year. Maybe it is time for next x3.
I know the next big point is $1,000 for Monero but I can't understand the time for this. I'm preparing to buy some Monero before this action to take place. I think this will happen in the third quarter of the year.
Monero simply doesn't run at that pace. If $1000 is going to happen, it will happen a lot quicker than that.
Monero had not had leg up from end of August. So almost half a year. Maybe it is time for next x3.
I know the next big point is $1,000 for Monero but I can't understand the time for this. I'm preparing to buy some Monero before this action to take place. I think this will happen in the third quarter of the year.
The fact there is now (I hope legitimate) iOS wallet and Coinomi testing XMR solution might bring new adoption levels... might be the reason for the gentle pump going on.
Now the question becomes will we see a break of 0.03558 XBT, that is not a false breakout. Interestingly my post from June of last year otherwise still applies (except for the fact that I no longer hold any XBT).
Some of my thoughts on Monero and the current crypto currency boom.
1) Monero has been in a consolidation phase with respect to Bitcoin since August of 2016. Take a look at the XMR/XBT weekly chart on a log scale https://bitcoinwisdom.com/markets/poloniex/xmrbtc and tell me what you see. The last major move was from 0.0016 XBT in June 2016 to a high of 0.0265 XBT in August 2016 for an increase of over 1600%. If the 0.0265 XBT high is broken on volume another major move upward is possible.
2) The current crypto currency boom has seen Bitcoin to fall to under 40% market dominance. To put is bluntly this is indicative that there is something seriously wrong with Bitcoin. My take is that this is related to the fixed 1 MB blocksize limit in Bitcoin together with the consequence of skyrocketing fees and seriously delayed transactions. These are problems for which Monero has a solution. The market is looking for an alt coin solution and for the time being has focused to a large degree on Ethereum. My take is that while Ethereum has its uses that may justify its market cap replacing BItcoin is not one of them.. If the market chooses Monero then all bets are off.
3) The hackers are quietly hacking away. Sooner or later significant improvements will materialize. As to when? Who knows. That is the nature of FLOSS development. A recent example of this is multi sig, which is current being tested and not yet ready for main chain deployment.
My take is that if one is short Monero, the risk of a brutal negative reckoning is very high. As to when and to what extent I have no idea.
This is not investment advice. The risk of a complete loss of funds on a Monero position long or short (or more for a leveraged position) is very high. Please do your due diligence and obtain appropriate professional advice before investing or speculating. Disclosure: I have long positions in XMR, XBT and NMC, and I am also involved in the Monero project as a core team member.
1) Monero has been in a consolidation phase with respect to Bitcoin since August of 2016. Take a look at the XMR/XBT weekly chart on a log scale https://bitcoinwisdom.com/markets/poloniex/xmrbtc and tell me what you see. The last major move was from 0.0016 XBT in June 2016 to a high of 0.0265 XBT in August 2016 for an increase of over 1600%. If the 0.0265 XBT high is broken on volume another major move upward is possible.
2) The current crypto currency boom has seen Bitcoin to fall to under 40% market dominance. To put is bluntly this is indicative that there is something seriously wrong with Bitcoin. My take is that this is related to the fixed 1 MB blocksize limit in Bitcoin together with the consequence of skyrocketing fees and seriously delayed transactions. These are problems for which Monero has a solution. The market is looking for an alt coin solution and for the time being has focused to a large degree on Ethereum. My take is that while Ethereum has its uses that may justify its market cap replacing BItcoin is not one of them.. If the market chooses Monero then all bets are off.
3) The hackers are quietly hacking away. Sooner or later significant improvements will materialize. As to when? Who knows. That is the nature of FLOSS development. A recent example of this is multi sig, which is current being tested and not yet ready for main chain deployment.
My take is that if one is short Monero, the risk of a brutal negative reckoning is very high. As to when and to what extent I have no idea.
This is not investment advice. The risk of a complete loss of funds on a Monero position long or short (or more for a leveraged position) is very high. Please do your due diligence and obtain appropriate professional advice before investing or speculating. Disclosure: I have long positions in XMR, XBT and NMC, and I am also involved in the Monero project as a core team member.
Monero had not had leg up from end of August. So almost half a year. Maybe it is time for next x3.
Maybe people were impressed by fluffy's talk at the conference and want to get in as soon as possible. 
It is unusual for Monero to go up without any reason. But you see also some other coins up. Decred, ... And you see random coins going up everyday without any reason. So I guess why not. But with in the air so many things, then sort of cant not be no reason in Monero at all.
Ya, my thoughts jump immediately to new release news...
It is unusual for Monero to go up without any reason. But you see also some other coins up. Decred, ... And you see random coins going up everyday without any reason. So I guess why not. But with in the air so many things, then sort of cant not be no reason in Monero at all.
Polo buy orders over 1000BTC for the first time in a good while... What's up?
Not quite sure why the market is so skittish. I was watching the charts last night when a single order pushed up the price of BTC over $500. Some big fish getting in the water
Polo buy orders over 1000BTC for the first time in a good while... What's up?
We'd like to see that aswell. After RedHack, Anonymous should accept Bitcoin & Monero donations. We put our national currency donations to Monero, too. These prices are good for us in the long term.
It this causing the current kerblammo in price?
Well, kerblammoish, I would say. As a Monero holder of some tears (that was, originally, a mistype and I was going to change it, but then I thought "how appropriate") I realize that patience is not a simply a nice-to-have but, rather, an absolute requirement. It is a safe assumption that any new features will always take a great deal longer than even the most pessimistic of forecasts. Such is the way of FOSS.
That said, if the emergence of a third-party iOS wallet can raise the price just a little, imagine if/when we have the official light wallets, a Ledger wallet, multisig and bulletproofs. Imagine further that this all might happen by the end of Q1. Imagine.
Patience, everyone.
It this causing the current kerblammo in price?
New iOS wallet for Monero:
https://www.reddit.com/r/Monero/comments/7ri9v8/our_monero_wallet_called_cakewallet_for_ios_is/
Is there any credibility to this?https://www.reddit.com/r/Monero/comments/7ri9v8/our_monero_wallet_called_cakewallet_for_ios_is/
Well it exists - it’s not vaporware. It’s on the Apple store apparently. That said, it’s not yet been open-sourced so people are understandably wary.
New iOS wallet for Monero:
https://www.reddit.com/r/Monero/comments/7ri9v8/our_monero_wallet_called_cakewallet_for_ios_is/
Is there any credibility to this? https://www.reddit.com/r/Monero/comments/7ri9v8/our_monero_wallet_called_cakewallet_for_ios_is/
New iOS wallet for Monero:
https://www.reddit.com/r/Monero/comments/7ri9v8/our_monero_wallet_called_cakewallet_for_ios_is/
https://www.reddit.com/r/Monero/comments/7ri9v8/our_monero_wallet_called_cakewallet_for_ios_is/
For those of you not on Reddit and whom may be interested, I posted a write up titled:
Your Guide to Monero, and Why it Has Great Potential.
https://www.reddit.com/r/CryptoCurrency/comments/7ra409/your_guide_to_monero_and_why_it_has_great/
Thanks for sharing on here. Your Guide to Monero, and Why it Has Great Potential.
https://www.reddit.com/r/CryptoCurrency/comments/7ra409/your_guide_to_monero_and_why_it_has_great/
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