Topic: [XMR] Monero Speculation - page 460. (Read 3314301 times)

Price is nice and all but I just have so strange felling. Huge difference with Bithumb compared other exchanges. I dont know.  I would give 1 % chance Monero would be $200 now, so I should be endlessly happy as Monero maximalist. But I just dont know.

XMR will head towrds $500 soon is we have an early adopters group coming on board :-D #xmrwhales



https://poloniex.com/exchange#btc_xmr

My take on this is that Tether probably didn't start out intending to be a scam: if it WAS larceny from the start then why in God's name did they set it up with a visible, open, transparent "looks like a real blockchain" that they publicly issue the fake backed-by-nothing tokens on?  That'd be the most supremely stupid thing they could have done! If it was a scam from the start they'd have set up something to "issue the tokens" privately or "encrypted for your protection" kind of thing.

No, lately I think it started out okay and might even have actually BEEN $1 for 1 backed at the start.  But then "shit happened" and it all got away from them, they started running the printing press to try and reign it back in, bitcoin went naturally parabolic (or they caused it to go parabolic, chicken/egg here) and it got even FURTHER away from them, they're trying to reign it back in *more* by stupidly doing more of the same... and down the black hole spiral we go.

The only big remaining (literal) $64,000 question is: HOW is this possible implosion going to affect all OTHER crypto?

[TinFoilHat ON]

Also IF the alleged "Operation DragonSlayer" is something real, seems to me they're now waiting for a more opportune moment to try again (the weekend "pump & dump" a couple weeks ago was, IMHO, a first attempt that *almost* succeeded... stopped only by a last-minute "unplugging" of the entire Korean exchange)

Their second-attempt will need to be across more than one single exchange and due to the new DAA will have to be fueled by a bit more 'organic' price action too... a Tether Triggered Crash in BTC and/or some kind of CME option for shorting BTC might do the trick... or not... if it's really even possible at all (?)

[TinFoilHat OFF]

Anyway, sorry for a bit off-topic: this is Monero Spec after all.

One way or another I know IF all the shit going down in BTC world eventually means "bitcoin" consumes itself in a giant self-immolation ball of flame, that my little XMR stash will save the day

(Oh, heh, that is... the small amount I have left that didn't blow overboard off the sailboat last summer, still really bummed out about that, dontcha know )

XMR is like bitcoin 2013 prices and fundamental values behind the coin anonymous peer to peer digital bitcoins :-D ~XMR is the real bitcoin for anonymous transactions~ ideas?

and we go back down , pretty hard as it seems. I really prefer slow steady growth with a good base , the last few days was crazy... in all top 10 alts it seems

Cheers! 

Congratulations everyone! XMR FTW!

Over $200, ladies and gents.

Sweet!

Now for new heights.....

Congratulations too all my beloved Monero brethren and sisters world wide. 
Thanks and a deep bow to our developers, community and to the crazy pony.

The good thing about being out of the top ten even at this ath price is that XMR is even more underpriced now.

I read so many good things about Monero, it's great to see how much wider appreciation it has found. No other Crypto embodies the "Keeping it real" spirit as much as Monero.

Interesting

I should add, mine:

Q1: $200
Q2: $200
Q3: $800
Q4: $500

I feel that we will see some stagnation, then in Q2 I think alot of shit crypto will drop (Dash, insert other shitcoin), then I think we will see XMR independently rise, realising its true value in Q3.

Q1: $250
Q2: $350
Q3: $500
Q4: $800

Any predictions for 2018 guys?


Mine for 2017 were > Q1:$20 Q2:$30 Q3:$50 Q4:$70+


Q1 to Q4?

Cheers,
John

Even if not freely exchangeable without hurdles and restrictions, it would help if they just did a damn audit to prove that the USD exists.

Unwillingness to show a public audit screams scam (of some type). Period. There is no other explanation.

Gains have been pretty awesome for XMR recently, I've been loving the volatility

I believe in XMR

Indeed, but it's better to retrace a little this month than go parabolic before the year ends.

Couldn't be sustained, sliding back down now.

It hit $200 before December though, impressive stuff.

While bitcoin thunders past $10300,  Monero quietly passes the 100000% mark for the cheapest XMR.  Cheers

I think the totality of the ire for Bitfinex is their association with Tether.

Thing is, in general I think Tether is a great idea.  They just executed it badly.  And in just ONE key area as far as I know.

Tether needed to be backed by verifiable USD, and they needed to be exchangeable for USD.  And therein lies the rub.  I imagine a choir of lawyers stopping them from doing what was right. Provably USD backed Tethers with the guarantee that 1 tether could be exchanged for 1 USD would melt away all these problems.  But that would require for them to keep that money on deposit.  And to PROVE IT.

The thing that astonishes me is that they have left the door of speculation that this is NOT the case WIDE OPEN.