Topic: [XMR] Monero Speculation - page 443. (Read 3313670 times)

Ah cmon we all know that crypto is a shady business full of sockpuppies, scams and fakes. Nowadays more than ever.
All that paid china trolls, so what did you expect? I always said it's a game where we can make millions with. There is no fair and transparant play in this crypto world. Even the big media journalists are now into that game and make shitposts every day/week.

Take the opportunity or leave it. Most of us are already (super)rich. Yes there are some ppl. who believe in changing the world with crypto. Nice for you. I don't need that footprint. But face it, I never had a sockpuppet account. Realize that there are groups outside who just control parts of the market with financial power that can produce fear by shorting big positions. That's it. Sounds mean but at least I can say that I spent more already more than a million for animal shelters with my gains. Would you do that? No. You hodl I dont care for people, we are greedy, stupid and easy to control. So it was just an easy opportunity to make more money

P.S. you remember like 6 month ago fluffypony announced something big which leads to a huge pump? You really believe that he was not involved in that? Really? Only because he looks like a nerd and is a funny guys doesn't makes him to a holy one. Some people just scam better than others

It went down to $214 today (on bittrex) which was a great level to buy! (which I did)

With futures Wall street will be able to short or long Bitcoin.  Yes, the futures are their and your language. I guess that is what made Wall street and banksters what they are today.



But what you did on this thread so far was just bunch of lies. on any account you were posting with. so whatever you say is irrelevant since you can say anything.

It's more likely to go to $300 than below $200.

I have no idea, I think that All depends if Bitcoin price...

Anyone think monero goes back below $200?

Ignore button is cheaper.

You're right - but once we include endowments, private pensions, family offices, etc. and all of their appetite for hedging assets, the actual number doesn't matter much right now. It's high.

Only in the movies.

What actually happens is you have an interest in the commodity stored in a warehouse (for which you must pay storage fees) assigned to you.


'Alternative investments' here includes investment in productive (or at least income-generating) assets such as private equity and real estate. If you just consider hedging and store-of-value assets such as gold, commodities, etc. it is much less than 25% but still significant. That's the segment where most if not all crypto fits.

You got the post that said a year?  I thought it was just 'leave'. 

Not 100% sure I agree with your second paragraph. While you're right, institutions already could have been trading spot to move prices in their favor, but now they have a vehicle that is legal/legitimate to include in a public/FINRA registered fund in the US. I'm of the mind that this will definitely increase volumes of the underlying asset, and most probably be bullish long term for price.  

Think of this trade: Pension Fund with a prospectus that ONLY allows them to trade in products as a part of NYSE/NASDAQ/CBOE. This fund could take a long (or short) position in Bitcoin futures, and then manipulate spot through another vehicle. Sure they could manipulate before, but now a 5% move in the underlying asset could literally mean tens of millions in overall fund profit. They did not have an ability to take that large a position in BTC previously, due to the funds being earmarked for "legit securities". This will certainly create more volume, and probably volatility in both directions.

I call this action probably bullish simply because there is much more USD (read: infinite) out there to long than there is Bitcoin to short. There is $3.6 TRILLION in pension fund money alone in the US, of which ~25% is allocated to alternative investments. Think about those numbers for a second and then compare to BTC market cap. I wouldn't be caught dead recommending my fund try to short Bitcoin futures, the downside is literally infinite.

Edit: Monero thread - What's good for BTC is good for Monero as the technically superior coin at this stage of crypto evolution. I trade with my BTC, my Monero cold storage only grows over time

No he paid for one year only. You want to prolong it ?

Trading derivatives logically does not and can not have any direct influence on the price of the underlying asset the derivative is derived from. The asset price makes all the difference on the derivative trading but not the other way around, the asset's price discovery mechanism doesn't know anything about some derivatives.

What can and does happen, though, is someone trading the derivatives and (if big enough) simultaneously the spot in an effort to push the price in their (derivatives trading) favor. But the big money could have been trading on the spot already for years, there is no change going to happen in that aspect tomorrow. They will just have a new possibility to trade futures and thus potentially make money twice, which in effect may lead to a more intensive spot trading and thus affecting the asset price.

Didn't TheKoziTwo pay you to leave and never return?

ROTFLMFAO! I hope you have enough Monero's to cover her if she does! that takes balls. LOL


Well I guess that suitcase full of cash is gone now.


It could do either but the pundits are saying higher then it will massive crash. As usual who knows, we all know crypto is lighning markets verses stock and securities so bear that in mind.


AAAaanDDD, You heard FFFffffuuuuudddddDDDD.


Well this is a good argument not to move to bitcoins algo and stick with cryptonight. As has been suggested (i find the argument very weak), it would be smart to test any attack vector on our chain before trying bitcoins if we used the same library.

Shorting monero == financial desaster? Well if you remember correct I shorted XMR after AlphaBay's implementation and the following hype. The Bitcoins I made with that are nowadays worth more than 9 Million dollars. Shorting is good it brings liquidity and attention to a market.

Interesting. Due to the opaque nature of our blockchain perhaps there is a need to adopt quantum resistant algorithms BEFORE anyone ever discovers a break. Since an intelligent and mallicious actor who learned how to break the cryptography might wisely quietly target an opaque blockchain first. Literally before doing ANYTHING else with his new tech. We might be ground zero.

aminorix , i am always reading your posts and find them very interesting. What do u expect will happen tomorrow with the release of bitcoin futures , in mean impact on XMR. Could we go higher this year or is all that for first quarter next year when new stuff is released

BTC futures are cash-settled, so you never need to buy or sell Bitcoin if you are speculating, for example, in order to drive the spot down, and load up on actual BTC at a lower price.

Random day half year latter and three times more visits a day.