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Topic: [XMR] Monero Speculation - page 438. (Read 3313670 times)

hero member
Activity: 882
Merit: 1000
December 14, 2017, 01:54:48 AM
is there any write up about tx fees in monero and the mentality towards fees by the monero team? thanks

 i mean is this statement representative for the dev team:

"Note that to support "microtransactions", Bitcoin and Monero are likely to support systems like the "Lightning network" in order to radically reduce the cost of small payments in the future. "

from here:
https://www.monero.how/monero-transaction-fees

jr. member
Activity: 48
Merit: 2
December 14, 2017, 12:51:57 AM
He totally nailed it, epic  Wink

https://youtu.be/cO2UOhGEC_A?t=1070
newbie
Activity: 27
Merit: 0
December 13, 2017, 07:29:47 PM
Hi guys newbie here. I've been reading a lot and really like Monero. I have very little money in BTC at the moment (like 400 USD) so I'm wondering if it would be better to keep it in BTC or get a whole XMR. I'm going to hold like, for a long time anyways. But I feel BTC is waay to high and XMR still has a long road to catch up. Would you recommend this?

Absolutely. Make a paper wallet and load it and forget it somewhere for a while. I wouldn't say it may take a year, nothing is definite here - look at ETH pushing 1k for example... Regardless, the upside far outweighs the downside. This coin is only going to get better over time. Grin

Thank you, I'll do that then!
legendary
Activity: 3570
Merit: 1959
December 13, 2017, 06:47:43 PM
Hi guys newbie here. I've been reading a lot and really like Monero. I have very little money in BTC at the moment (like 400 USD) so I'm wondering if it would be better to keep it in BTC or get a whole XMR. I'm going to hold like, for a long time anyways. But I feel BTC is waay to high and XMR still has a long road to catch up. Would you recommend this?

Absolutely. Make a paper wallet and load it and forget it somewhere for a while. I wouldn't say it may take a year, nothing is definite here - look at ETH pushing 1k for example... Regardless, the upside far outweighs the downside. This coin is only going to get better over time. Grin
newbie
Activity: 27
Merit: 0
December 13, 2017, 06:39:55 PM
Hi guys newbie here. I've been reading a lot and really like Monero. I have very little money in BTC at the moment (like 400 USD) so I'm wondering if it would be better to keep it in BTC or get a whole XMR. I'm going to hold like, for a long time anyways. But I feel BTC is waay to high and XMR still has a long road to catch up. Would you recommend this?
legendary
Activity: 2702
Merit: 2053
Free spirit
December 13, 2017, 05:15:27 PM
More that I don't see it as impossible.
I have little success predicting what Korea will do, but a ~50% pump over a week seems unremarkable, given the volatility in BTC and XMR lately.  Besides, Johnny Mnemonic said so.

I'm never wrong.

Jokes aside, it would certainly be "out of character" if XMR's price didn't hit $425 mid month, so I'm still expecting that to happen. 5X is the law.

"I fought the law and the law won!"

5x would make my life now, and it doesn't seem so mad in the scale of things. Reached gameshow prize a while ago. doesn't seem real I guess.


sr. member
Activity: 327
Merit: 252
December 13, 2017, 05:11:46 PM
Has bitcointalk been affected by the kraken virus? Because it's abysmally slow today.

Used xmr.to and was very pleased with it. Until kraken gets its act together (if ever) this is the way forward for me. Thanks to all.

I knew Kraken was laggy and all but never had issues with my transactions. Usually when I cashed fiat out it took maximum of 2 days to get my money (I think even next day mostly). Wonder why the differences?

The problem lies not so much in the transfer, rather than them being able to link my bank account. Apparently the software they use to upload and verify ID's isn't working. Believe it or not.

I was just about to exchange some krypto to 30.000€. But could not log in. How fast Euro transfers to Europe have usually been on Kraken?

When I was logged in to Kraken a few days ago, I was wondering at withdrawal page a text something like this "name of a bank account has to be equivalent of the name of your bank account".

I did not understand what that meant? Do you or anybody else? Could that some how relate to your bank account linking problem?

It means you can't have a bank account with a name different to the name you have registered on kraken.

As for whether that's my problem - I don't know. I don't think so, but I have heard nothing from support. I've never transferred on sold anything before on kraken so I have no experience as to fast their European transfers are, I'm afraid.
full member
Activity: 308
Merit: 109
December 13, 2017, 04:02:50 PM
Has bitcointalk been affected by the kraken virus? Because it's abysmally slow today.

Used xmr.to and was very pleased with it. Until kraken gets its act together (if ever) this is the way forward for me. Thanks to all.

I knew Kraken was laggy and all but never had issues with my transactions. Usually when I cashed fiat out it took maximum of 2 days to get my money (I think even next day mostly). Wonder why the differences?

The problem lies not so much in the transfer, rather than them being able to link my bank account. Apparently the software they use to upload and verify ID's isn't working. Believe it or not.

I was just about to exchange some krypto to 30.000€. But could not log in. How fast Euro transfers to Europe have usually been on Kraken?

When I was logged in to Kraken a few days ago, I was wondering at withdrawal page a text something like this "name of a bank account has to be equivalent of the name of your bank account".

I did not understand what that meant? Do you or anybody else? Could that some how relate to your bank account linking problem?
sr. member
Activity: 327
Merit: 252
December 13, 2017, 02:05:14 PM
Has bitcointalk been affected by the kraken virus? Because it's abysmally slow today.

Used xmr.to and was very pleased with it. Until kraken gets its act together (if ever) this is the way forward for me. Thanks to all.

I knew Kraken was laggy and all but never had issues with my transactions. Usually when I cashed fiat out it took maximum of 2 days to get my money (I think even next day mostly). Wonder why the differences?

The problem lies not so much in the transfer, rather than them being able to link my bank account. Apparently the software they use to upload and verify ID's isn't working. Believe it or not.
legendary
Activity: 2018
Merit: 1108
December 13, 2017, 12:42:55 PM
Has bitcointalk been affected by the kraken virus? Because it's abysmally slow today.

Used xmr.to and was very pleased with it. Until kraken gets its act together (if ever) this is the way forward for me. Thanks to all.

I knew Kraken was laggy and all but never had issues with my transactions. Usually when I cashed fiat out it took maximum of 2 days to get my money (I think even next day mostly). Wonder why the differences?
sr. member
Activity: 327
Merit: 252
December 13, 2017, 12:22:36 PM
Has bitcointalk been affected by the kraken virus? Because it's abysmally slow today.

Used xmr.to and was very pleased with it. Until kraken gets its act together (if ever) this is the way forward for me. Thanks to all.
sr. member
Activity: 327
Merit: 252
December 13, 2017, 10:16:02 AM
There's also xmr.to
it takes a cut of like half a percent or something.
Right now the limit is 9.391 btc, so at least you don't have to make a bunch of transactions.

P.S. Is there a DDOS attack on bitcointalk?  It's abysmally slow.

Huh. I hadn't thought of xmr.to. I'll check it out. Thanks.
sr. member
Activity: 696
Merit: 439
December 13, 2017, 09:18:09 AM
Does anyone have any advice on the best way to sell some Monero? I've been holding since 2015 and I'd like to take some profits. I'm US based.

What I want is to sell about $100,000 over the next week or so. How do others here do it? I have accounts at Coinbase and Kraken.

Kraken is nonfunctioning at the moment. People are having a hard time getting money out. The site is useless.
I could go XMR ->Shapeshift ->LTC -> Coinbase ->USD, I suppose, but one can only sell small amounts at a time through shapeshift. Doing it this way would involve multiple transactions.

Is there a better way? Faster? Cheaper? What do you guys/gals do?

Thanks.


https://cumberlandmining.com/

They're OTC, $100K minimum.
full member
Activity: 280
Merit: 107
December 13, 2017, 08:57:37 AM
There's also xmr.to
it takes a cut of like half a percent or something.
Right now the limit is 9.391 btc, so at least you don't have to make a bunch of transactions.

P.S. Is there a DDOS attack on bitcointalk?  It's abysmally slow.
That's probably the Electroneum launch causing that.
legendary
Activity: 2016
Merit: 1259
December 13, 2017, 08:53:59 AM
There's also xmr.to
it takes a cut of like half a percent or something.
Right now the limit is 9.391 btc, so at least you don't have to make a bunch of transactions.

P.S. Is there a DDOS attack on bitcointalk?  It's abysmally slow.

Oh wow that's a higher limit than I recall...  It's an option, then.
sr. member
Activity: 807
Merit: 423
December 13, 2017, 08:46:48 AM
There's also xmr.to
it takes a cut of like half a percent or something.
Right now the limit is 9.391 btc, so at least you don't have to make a bunch of transactions.

P.S. Is there a DDOS attack on bitcointalk?  It's abysmally slow.
full member
Activity: 280
Merit: 107
December 13, 2017, 08:30:11 AM
Does anyone have any advice on the best way to sell some Monero? I've been holding since 2015 and I'd like to take some profits. I'm US based.

What I want is to sell about $100,000 over the next week or so. How do others here do it? I have accounts at Coinbase and Kraken.

Kraken is nonfunctioning at the moment. People are having a hard time getting money out. The site is useless.
I could go XMR ->Shapeshift ->LTC -> Coinbase ->USD, I suppose, but one can only sell small amounts at a time through shapeshift. Doing it this way would involve multiple transactions.

Is there a better way? Faster? Cheaper? What do you guys/gals do?

Thanks.


I heard quite recently that Kraken had improved...  Did you try today?  Despite their inadequacies, if you are not in a panic, that's probably simplest.   Or set up as a Globee vendor, and pay yourself in XMR->$   Grin 
Kraken has NOT improved, it's still a b*tt-website.

But with patience, it does work. Don't click on too much stuff, just log in, go to XMR>USD and put in your sell order. If the page doesn't load, then F5. If it says that your order didn't succeed or something like that, F5 and do it again. If it says that your order MIGHT have not succeeded, then wait 10 minutes because sometimes it will go through (you will see it appear at the bottom of that same page). If it still doesn't, ctrl-F5 and try again.
And be patient, I put in a dozen orders this week, but it might have taken me 4-6 hours in total.
Try not to smash your computer ;-)
sr. member
Activity: 327
Merit: 252
December 13, 2017, 08:24:36 AM
Does anyone have any advice on the best way to sell some Monero? I've been holding since 2015 and I'd like to take some profits. I'm US based.

What I want is to sell about $100,000 over the next week or so. How do others here do it? I have accounts at Coinbase and Kraken.

Kraken is nonfunctioning at the moment. People are having a hard time getting money out. The site is useless.
I could go XMR ->Shapeshift ->LTC -> Coinbase ->USD, I suppose, but one can only sell small amounts at a time through shapeshift. Doing it this way would involve multiple transactions.

Is there a better way? Faster? Cheaper? What do you guys/gals do?

Thanks.


I heard quite recently that Kraken had improved...  Did you try today?  Despite their inadequacies, if you are not in a panic, that's probably simplest.   Or set up as a Globee vendor, and pay yourself in XMR->$   Grin  

Is that a thing?! It sounds like a distinct possibility...

I haven't tried kraken yet today. I've been trying to get some USD out of there into my bank account for almost two weeks and I'm about to give up and simply buy LTC and sell it on Coinbase. I know they are due to have an upgrade but I haven't seen it happen yet. It is, on the face of it, the simplest way to do it, but if the damn thing isn't working then I have to look elsewhere. Thanks for the input.

Edit: kraken still a shit show.
legendary
Activity: 2016
Merit: 1259
December 13, 2017, 08:19:18 AM
Does anyone have any advice on the best way to sell some Monero? I've been holding since 2015 and I'd like to take some profits. I'm US based.

What I want is to sell about $100,000 over the next week or so. How do others here do it? I have accounts at Coinbase and Kraken.

Kraken is nonfunctioning at the moment. People are having a hard time getting money out. The site is useless.
I could go XMR ->Shapeshift ->LTC -> Coinbase ->USD, I suppose, but one can only sell small amounts at a time through shapeshift. Doing it this way would involve multiple transactions.

Is there a better way? Faster? Cheaper? What do you guys/gals do?

Thanks.


I heard quite recently that Kraken had improved...  Did you try today?  Despite their inadequacies, if you are not in a panic, that's probably simplest.   Or set up as a Globee vendor, and pay yourself in XMR->$   Grin 
sr. member
Activity: 327
Merit: 252
December 13, 2017, 07:58:39 AM
Does anyone have any advice on the best way to sell some Monero? I've been holding since 2015 and I'd like to take some profits. I'm US based.

What I want is to sell about $100,000 over the next week or so. How do others here do it? I have accounts at Coinbase and Kraken.

Kraken is nonfunctioning at the moment. People are having a hard time getting money out. The site is useless.
I could go XMR ->Shapeshift ->LTC -> Coinbase ->USD, I suppose, but one can only sell small amounts at a time through shapeshift. Doing it this way would involve multiple transactions.

Is there a better way? Faster? Cheaper? What do you guys/gals do?

Thanks.
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