[XMR] Monero Speculation - page 444.

SolarStorm

member

Activity: 81

Merit: 10

Quote from: amaral1977 on December 09, 2017, 08:47:29 AM

Quote from: SolarStorm on December 09, 2017, 07:48:20 AM

Quote from: rinus on December 09, 2017, 01:15:10 AM

what do u guys think of the bitcoin futures that will be released tomorrow? this could push the bitcoin price lower yes?

Historically prices of futures never influenced the price of the underlying asset much.

Also, keep in mind that a future is originally meant for commodities like e.g. grain or wood. These contracts are passed on like hot potatoes, because if the contract expires, you literally get your commodity delivered in your front yard. Most people don't want that

but.... because bitcoin is digital and it would fit nicely in any backyard worldwide with virtually no transport or storage cost, it is very easy to take delivery after the future has ended. My guess is that shorters will be terribly burned, soon.

From what i´ve learned from my friends (two of them are brokers) is that most of them will rush in shorting. One of them was amazing with a 2k change in price...I just smiled. What i don´t understand (i just don´t know how it works) is the influence of trillions of dollares from the chicado market in a lower marketcap asset. IF the shorting pressure is high, will it actually push the price down?

How can the price go down on a limited resource ? Eventually a shorter must buy BTC to pay back the BTC that he/she borrowed (that's how shorting works). But BTC is getting more rare every day. In every dip on the markets, there is some farmer in zambia who bought his first bitcoin. Since there are a lot of farmers left in zambia without bitcoin, the transfer is still going from the few to the many, and no future contract can ever prevent that.

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

OK bitcoin dipping a bit and XMR rising in response.

Its a good thing to see we are buoyant.

solias

newbie

Activity: 23

Merit: 0

Barring quantum computers, is Monero immune from cryptographic breaks?

Quoting gmaxwell's statement on bitcoin's cryptography strength:

Quote

nullc 8 points 8 days ago

But for me as a long term holder, it would just be another blip on the radar.

Or, perhaps, you quietly lose 100% of your position over a period of months while attackers target high value slow moving txouts and move them and cash out long before anyone realizes there is a break.

A second preimage vulnerability would allow forging your signatures... even if you noticed people would just think you and other people complaining got hacked.

This kind of break isn't likely by any means, but it is not outside the bounds of plausibility. You are not immune from cryptographic breaks.

guesswho1234

full member

Activity: 155

Merit: 100

Quote from: explorer on December 09, 2017, 06:20:23 AM

Quote from: guesswho1234 on December 09, 2017, 04:52:41 AM

anyone knows a proper lending rate for monero for when it pumps?

0.3%?

People still short Monero? It's pretty much free on Poloniex Cheesy

people will short everything. dont you remember the alone wank guy? Tongue

amaral1977

sr. member

Activity: 686

Merit: 250

Quote from: SolarStorm on December 09, 2017, 07:48:20 AM

Quote from: rinus on December 09, 2017, 01:15:10 AM

what do u guys think of the bitcoin futures that will be released tomorrow? this could push the bitcoin price lower yes?

Historically prices of futures never influenced the price of the underlying asset much.

Also, keep in mind that a future is originally meant for commodities like e.g. grain or wood. These contracts are passed on like hot potatoes, because if the contract expires, you literally get your commodity delivered in your front yard. Most people don't want that

but.... because bitcoin is digital and it would fit nicely in any backyard worldwide with virtually no transport or storage cost, it is very easy to take delivery after the future has ended. My guess is that shorters will be terribly burned, soon.

From what i´ve learned from my friends (two of them are brokers) is that most of them will rush in shorting. One of them was amazing with a 2k change in price...I just smiled. What i don´t understand (i just don´t know how it works) is the influence of trillions of dollares from the chicado market in a lower marketcap asset. IF the shorting pressure is high, will it actually push the price down?

karlos_545

member

Activity: 406

Merit: 10

Very solid project. But I have recently heard that most off the tras could be easili deanon?

SolarStorm

member

Activity: 81

Merit: 10

Quote from: rinus on December 09, 2017, 01:15:10 AM

what do u guys think of the bitcoin futures that will be released tomorrow? this could push the bitcoin price lower yes?

Historically prices of futures never influenced the price of the underlying asset much.

Also, keep in mind that a future is originally meant for commodities like e.g. grain or wood. These contracts are passed on like hot potatoes, because if the contract expires, you literally get your commodity delivered in your front yard. Most people don't want that

but.... because bitcoin is digital and it would fit nicely in any backyard worldwide with virtually no transport or storage cost, it is very easy to take delivery after the future has ended. My guess is that shorters will be terribly burned, soon.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: guesswho1234 on December 09, 2017, 04:52:41 AM

anyone knows a proper lending rate for monero for when it pumps?

0.3%?

People still short Monero? It's pretty much free on Poloniex Cheesy

guesswho1234

full member

Activity: 155

Merit: 100

anyone knows a proper lending rate for monero for when it pumps?

0.3%?

foggywhite007

member

Activity: 112

Merit: 11

monero, looks very solid now since November so many of x's former Excellent investment in my opinion coin. So beloved people from the darknet. Think in the region of 1000 it can cost at the end of 2018. And maybe more.

lolchina

full member

Activity: 294

Merit: 103

500$-600$ is easy doable for monero to achive in next month or lesss since monero is probably the only real one privacy coin outhere,yeah its used mostly in deep web transactions and probably after some hacks(like nicehash) but that doesnt change the fact that this is a great coin with great future.They even got one of the bitcoin core devs to come work with them on privacy code in january and you could the improvment from then

UrbanFarmer

newbie

Activity: 4

Merit: 0

Got in at 205 not that long ago...gping to hold long term

rinus

sr. member

Activity: 362

Merit: 258

what do u guys think of the bitcoin futures that will be released tomorrow? this could push the bitcoin price lower yes?

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: jwinterm on December 07, 2017, 06:36:37 PM

Quote from: Hueristic on December 07, 2017, 06:28:34 PM

Quote from: Johnny Mnemonic on December 07, 2017, 05:56:38 PM

I agree, but calling the top is so difficult. Will Bitcoin peak at 20k or 40k? or 80k?

Remember this?

Quote from: rpietila on May 08, 2017, 08:52:21 PM

The following clauses hold true in 50.01% or higher probability (in my opinion), so I can bet 1:1 on anyone (OTC, any amt¤cy(or cross-currency)) who does NOT believe (every item is a separate bet in this case);

if you bet (correctly) that:
A) nothing happens, I pay 7:1;

if you bet that
B) at least one does not happen (and they all do, by 31.12.2017), you pay 7:1):

CLAIMS:

1. Bitcoin (BTC) will reach $2000 this year.

2. Monero (XMR) will reach $50 this year.

3. CK will reach $100 million market cap this year.

I am open to favorable early settlements. I need to raise about $10 million to pay my debts.

That was only seven months ago.

That was actually a pretty good bet, very spot on, it pushed. Especially when you knew #3 was false from the start.

But of course we all know no-one would have ever collected if they won. Lol

If the reptilian weren't a lunatic scammer then probably all three would have come to fruition. Have you seen some of the crapola with $100M marketcap now? Completely centralized dorkfest spreadsheet rpg seems like it could be worth more than at least some.

At one point in 2016 I actually thought the reptilian had learned the lesson that large short Monero positions were a prescription for financial ruin. Sadly I was mistaken.

Edit: I understand he also shorted Bitcoin at around 10% of the present value earlier this year.

Bitcoinaire

sr. member

Activity: 696

Merit: 439

Nice pop for Monero, currently $264 and it looks like a solid pullback for bitcoin. Onward and upward!

Nathan047

sr. member

Activity: 504

Merit: 250

Quote from: TheFuzzStone on December 07, 2017, 07:25:48 PM

https://www.reddit.com/r/hitbtc/comments/7gc0yf/hitbtc_is_exit_scamming_right_nowthey_keep_an/

Anybody know if there’s any weight to this story, or is it just some random person on reddit? I’d hate to see an exchange exit scam, of course I don’t use HitBTC so I’m not really in a panic.

--

Quote from: ?? on ??

I need monero asap. Do you guy think a dip is coming soon like a correction?

Dunno. Monero has been rising lately so it is due to correct a bit, although with Bitcoin on the rise it it may just end up shadowing Bitcoin and continuing to go up.

Whtwabbit

sr. member

Activity: 490

Merit: 266

Quote from: Aby Normal on December 08, 2017, 03:52:21 AM

I member XMR price per coin was higher than ETH and DASH last january, looks like we'll see the same very soon

Don't know who's pumping BTC at this insane price, I doubt its the people, looks more like those who once said - Give me control of a nations money supply, and I care not who makes it’s laws - maybe they can't beat BTC but they can surely buy enough to control the price and wealth of millions like they always did.
We're lucky Monero is still cheap and gives us more time to grab some before the price goes too high, keep them secret, keep them safe, monster's prying eyes are watching ...

I like this guy!

thoth-Atlantian

hero member

Activity: 924

Merit: 1000

I AM

Quote from: Johnny Mnemonic on December 07, 2017, 07:13:58 PM

Eh, I was trying to point out where our minds were with regard to price predictions. Debating whether or not Bitcoin would reach $2000 or Monero $50 by the end of the year seems very, very conservative in retrospect. How many expected Bitcoin's price to crash after it surpassed 3k?

I would have bet a 3k bitcoin on it, hence why I sold off like 20 around that price Cry

Aby Normal

jr. member

Activity: 48

Merit: 2

I member XMR price per coin was higher than ETH and DASH last january, looks like we'll see the same very soon

Don't know who's pumping BTC at this insane price, I doubt its the people, looks more like those who once said - Give me control of a nations money supply, and I care not who makes it’s laws - maybe they can't beat BTC but they can surely buy enough to control the price and wealth of millions like they always did.
We're lucky Monero is still cheap and gives us more time to grab some before the price goes too high, keep them secret, keep them safe, monster's prying eyes are watching ...

usekevin

hero member

Activity: 2324

Merit: 562

DGbet.fun - Crypto Sportsbook

Quote from: fromholland on December 08, 2017, 03:17:36 AM

Quote from: explorer on December 08, 2017, 12:33:00 AM

Quote from: Anon136 on December 08, 2017, 12:06:17 AM

Quote from: ?? on ??

I need monero asap. Do you guy think a dip is coming soon like a correction?

Monero tends do well except when btc is rocketing. And btc is having something of a small correction right now. I suspect the 0.0164 that we are at right now IS your correction. It was a lot higher recently.

$255 at Poloniex, thats about as cheap as its been for days. I expect it will go higher shortly. But then, I always do Tongue

$244 on Bittrex now, just climbing up from the $227 is was a few hours ago.

Monero had good potential as like Ethereum. You can place your savings in Monero for future. You can't expect this for future. You should not depend this for short term profit. Many had invested their money in Monero now.Now it's just crossed 250$,need miles to go on.

Topic: [XMR] Monero Speculation - page 444. (Read 3313670 times)