Author

Topic: [XMR] Monero Speculation - page 397. (Read 3313670 times)

sr. member
Activity: 362
Merit: 258
January 11, 2018, 09:05:14 AM
Does Korea wanna ban crypto completely or just regulate it? I imagine that a complete ban will affect crypto in general no?
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
January 11, 2018, 09:03:55 AM
Due to the instability of prices, there is currently no currency that can be used for buying things, without the buyer feeling regret and remorse a few weeks later... Prices needs to be more stable and then the currencies can be used...

AFAIK Globee allows for fast conversion to fiat, so unless you are choosing to hodl, volatility shouldn't be a factor.


full member
Activity: 130
Merit: 100
January 11, 2018, 08:35:50 AM
Due to the instability of prices, there is currently no currency that can be used for buying things, without the buyer feeling regret and remorse a few weeks later... Prices needs to be more stable and then the currencies can be used...
full member
Activity: 287
Merit: 100
January 11, 2018, 07:51:58 AM
People ony HODL MONERO but What is it good for?
Only for holding ?

i want pay with MONERO, not only holding in wallet.

https://www.onebitcoinbuy.com/monero-xmr-coin-market-buysell-cryptocurrency.php

 Shocked

SR3 is adding Monero as payment method this month or next. Together with other top# coins.
I'd imagine that the rest of the onion community will follow up sooner or later.
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
January 11, 2018, 07:36:11 AM
People ony HODL MONERO but What is it good for?
Only for holding ?

i want pay with MONERO, not only holding in wallet.

https://www.onebitcoinbuy.com/monero-xmr-coin-market-buysell-cryptocurrency.php

 Shocked

I thought it was good for transactions where you aren't already served by credit cards.
sr. member
Activity: 514
Merit: 258
January 11, 2018, 07:30:41 AM
People ony HODL MONERO but What is it good for?
Only for holding ?

i want pay with MONERO, not only holding in wallet.

https://www.onebitcoinbuy.com/monero-xmr-coin-market-buysell-cryptocurrency.php

 Shocked

there are lots of places where you can buy stuff with monero, albeit not always very visible  Wink

and if you want you can use https://xmr.to/ so you can pay with monero wherever btc is accepted
sr. member
Activity: 281
Merit: 250
January 11, 2018, 06:37:21 AM
Now seeing that all anonymous cryptocurrencies begin to grow strongly. Due to the fact that Korea is a closed exchange. With China not all clear. America all ZEC scary. Looks like that anonymous cryptocurrencies will be in great demand. Monera, until the beginning of the year is still not much of races I think for those who haven't bought it the last opportunity to buy relatively cheap. I think over 1000 for Monaro will see by the spring

If you're right with your argument, anonymous coins will be more valuable in the near future since people don't want to be traced by the governments and banks. They will prefer coins like Monero.
newbie
Activity: 15
Merit: 0
January 11, 2018, 05:58:35 AM
Looks like some progress on Ledger support:

https://github.com/monero-project/monero/pull/3095


I'm very happy to see this. We're now one step to have monero support to our ledgers. I hope it's for both blue and nano s.


KEEP up the good work devs. 🍻🍻🍻
full member
Activity: 238
Merit: 101
FrontEnd developer
January 11, 2018, 12:40:12 AM
Now seeing that all anonymous cryptocurrencies begin to grow strongly. Due to the fact that Korea is a closed exchange. With China not all clear. America all ZEC scary. Looks like that anonymous cryptocurrencies will be in great demand. Monera, until the beginning of the year is still not much of races I think for those who haven't bought it the last opportunity to buy relatively cheap. I think over 1000 for Monaro will see by the spring
newbie
Activity: 24
Merit: 0
January 10, 2018, 11:50:40 PM
Now is a good entry point , wish i had cash to buy more.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
January 10, 2018, 11:09:20 PM
Were getting screwed Gangnam style. :/
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
January 10, 2018, 10:36:05 PM
Bitshares is a blockchain that has on-chain exchange features. It isn't "controlled by four centralized entities" specifically, though it is proof of stake which means very large stakeholders control the chain and I have no idea how many of those there are.

Moving on to openledger. In order to trade any non-native assets (non-native being any coin other than BTS itself, on-chain derivatives such as BitUSD/BitCNY/etc., or tokens issued on the Bitshares chain) you need a custodian to hold the deposits. The custodian then issues tokens which act as on-chain placeholders for the deposits (e.g. OPEN.BTC, OPEN.USD, etc. in the case of openledger). In order to deposit or withdraw the placeholder tokens you need satisfy the KYC, etc. requirements of the custodian (openledger) in a similar manner as you would a regular exchange, although you don't need to satisfy their requirements in order to trade the tokens, since that happens on the blockchain itself.

I don't know anything about Banx, nor do I know anything about the KYC requirements of openledger.

Good info, thx. I think Banx locked onto the bitshares project and tainted it by association. I'd like to learn more acout how they exchange for fiat. The bolded is important.

Unfortunately "FIAT deposits and withdrawals are temporarily disabled. Sorry for inconvenience"

https://openledger.freshdesk.com/support/solutions/articles/33000203466-how-do-i-make-fiat-deposits-and-withdrawals-

Yeah, this is not very informative. Very unprofessional in the very least. I'm not trusting this exchange.


Quote
FIAT deposits and withdrawals are temporarily disabled. Sorry for inconvenience.


I  found this as well.

https://coinjournal.net/michael-taggart-involved-banx-scam/
legendary
Activity: 2968
Merit: 1198
January 10, 2018, 10:05:09 PM
Bitshares is a blockchain that has on-chain exchange features. It isn't "controlled by four centralized entities" specifically, though it is proof of stake which means very large stakeholders control the chain and I have no idea how many of those there are.

Moving on to openledger. In order to trade any non-native assets (non-native being any coin other than BTS itself, on-chain derivatives such as BitUSD/BitCNY/etc., or tokens issued on the Bitshares chain) you need a custodian to hold the deposits. The custodian then issues tokens which act as on-chain placeholders for the deposits (e.g. OPEN.BTC, OPEN.USD, etc. in the case of openledger). In order to deposit or withdraw the placeholder tokens you need satisfy the KYC, etc. requirements of the custodian (openledger) in a similar manner as you would a regular exchange, although you don't need to satisfy their requirements in order to trade the tokens, since that happens on the blockchain itself.

I don't know anything about Banx, nor do I know anything about the KYC requirements of openledger.

Good info, thx. I think Banx locked onto the bitshares project and tainted it by association. I'd like to learn more acout how they exchange for fiat. The bolded is important.

Unfortunately "FIAT deposits and withdrawals are temporarily disabled. Sorry for inconvenience"

https://openledger.freshdesk.com/support/solutions/articles/33000203466-how-do-i-make-fiat-deposits-and-withdrawals-
legendary
Activity: 2744
Merit: 1288
January 10, 2018, 06:36:27 PM
Has anyone managed to successfully verify their poloniex account recently?

Frustrating that i submitted my documents a few days ago, but get know indication of progess thru the profile page.



I finally submited on Sunday. What is frustrating to me is, that I dont even see if my verification is pending or not. I just hope it is.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
January 10, 2018, 03:14:12 PM
Bitshares is a blockchain that has on-chain exchange features. It isn't "controlled by four centralized entities" specifically, though it is proof of stake which means very large stakeholders control the chain and I have no idea how many of those there are.

Moving on to openledger. In order to trade any non-native assets (non-native being any coin other than BTS itself, on-chain derivatives such as BitUSD/BitCNY/etc., or tokens issued on the Bitshares chain) you need a custodian to hold the deposits. The custodian then issues tokens which act as on-chain placeholders for the deposits (e.g. OPEN.BTC, OPEN.USD, etc. in the case of openledger). In order to deposit or withdraw the placeholder tokens you need satisfy the KYC, etc. requirements of the custodian (openledger) in a similar manner as you would a regular exchange, although you don't need to satisfy their requirements in order to trade the tokens, since that happens on the blockchain itself.

I don't know anything about Banx, nor do I know anything about the KYC requirements of openledger.

Good info, thx. I think Banx locked onto the bitshares project and tainted it by association. I'd like to learn more acout how they exchange for fiat. The bolded is important.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
January 10, 2018, 10:46:28 AM
What does that mean price wise for 2018?

Volatile but bullish - same as usual.
sr. member
Activity: 362
Merit: 258
January 10, 2018, 10:02:28 AM
Hello! Who can intelligibly explain what pushes the price of a coin? Is it worth it to sit on the longevity, or fix the profit and exit it? Are there fundamental events in 2018?

A. Supply and demand.

B. If the estimated return distribution over time fits your goals better than any alternative allocation, you should not adjust your allocation.

C. Some expected fundamental events in 2018:  

* The everything bubble - stocks, bonds, real estate - stops inflating as China slows or (ZOMG!!) reverses US sovereign bond flows.

* Oil price rises as ROEI declines, dragging hard money prices up with it, and retarding the global productivity curve.

* Crypto correction hits BTC first, later ETH.  BTC snaps back with Lightning.  

* XMR demand rises with improvements to:

1. Ease of use (e.g. native iOS wallet, multisig in core GUI, hardware wallets);

2. access (direct USD exchange);

3. privacy (Kovri);

4. scalability (bullet proofs); and,

5. further market penetration and expanding transaction volume (Globee, DNMs).

* XMR supply drops with increasing difficulty, reduced rewards, rising reserve demand.

But the real wild card is the potential for a hyperinflation crisis in the FX majors.  This becomes much more likely if strategic polarization or nationalism break the central banking quid pro quo balance.  The Chinese bond flow news could be the first big crack in the dam, or not.





What does that mean price wise for 2018?
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
January 10, 2018, 09:51:17 AM
Hello! Who can intelligibly explain what pushes the price of a coin? Is it worth it to sit on the longevity, or fix the profit and exit it? Are there fundamental events in 2018?

A. Supply and demand.

B. If the estimated return distribution over time fits your goals better than any alternative allocation, you should not adjust your allocation.

C. Some expected fundamental events in 2018:  

* The everything bubble - stocks, bonds, real estate - stops inflating as China slows or (ZOMG!!) reverses US sovereign bond flows.

* Oil price rises as ROEI declines, dragging hard money prices up with it, and retarding the global productivity curve.

* Crypto correction hits BTC first, later ETH.  BTC snaps back with Lightning.  

* XMR demand rises with improvements to:

1. Ease of use (e.g. native iOS wallet, multisig in core GUI, hardware wallets);

2. access (direct USD exchange);

3. privacy (Kovri);

4. scalability (bullet proofs); and,

5. further market penetration and expanding transaction volume (Globee, DNMs).

* XMR supply drops with increasing difficulty, reduced rewards, rising reserve demand.

But the real wild card is the potential for a hyperinflation crisis in the FX majors.  This becomes much more likely if strategic polarization or nationalism break the central banking quid pro quo balance.  The Chinese bond flow news could be the first big crack in the dam, or not.



sr. member
Activity: 489
Merit: 322
January 10, 2018, 09:34:15 AM
Has anyone managed to successfully verify their poloniex account recently?

Frustrating that i submitted my documents a few days ago, but get know indication of progess thru the profile page.



I have heard the process is very long winded and takes a while for them to get back to you. Just sit back and wait, I am sure they will get through to you eventually. Let's remember too that they must be really busy with all the new registrations
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