What happened to the price, bitcoin has recovered now but we have stuck at the lower level.
As usual I was too scared to trade an obvious top.
Topic: [XMR] Monero Speculation - page 548. (Read 3314316 times)
To that point...
In some ways Monero is no different than physical cash. You deposit it at the bank, they have a record. You withdraw it... they have a record. In the same way you buy Monero at Coinbase. they have a record. You sell it, they have a record. Deposit it... they have a record, withdraw it... they have a record. They follow their AML/KYC stuff and they know what they need to know about their customer.
The differences are this. Did your Monero come from a Poker site? No one knows. Coinbase doesn't know. So there is no need to blacklist it. I don't think Coinbase really wants to have to be the police. They want to be an on/offramp for crypto.
Coinbase would be crazy not to want to support fungible crypto. It would make their lives lots easier.
And it leaves the police work to the police.
Okay, I see where it would be useful to have on coinbase. I was thinking of it from more of a wallet standpoint, not a place to buy and then send elsewhere, I was wrong.In some ways Monero is no different than physical cash. You deposit it at the bank, they have a record. You withdraw it... they have a record. In the same way you buy Monero at Coinbase. they have a record. You sell it, they have a record. Deposit it... they have a record, withdraw it... they have a record. They follow their AML/KYC stuff and they know what they need to know about their customer.
The differences are this. Did your Monero come from a Poker site? No one knows. Coinbase doesn't know. So there is no need to blacklist it. I don't think Coinbase really wants to have to be the police. They want to be an on/offramp for crypto.
Coinbase would be crazy not to want to support fungible crypto. It would make their lives lots easier.
And it leaves the police work to the police.
Still though, the anonymity of Monero is it’s biggest selling point and the only reason it’s more fungible than Bitcoin. If it weren't for anonymity then Monero would just be another useless altcoin. The big focus IS on anonymity -- some people use that anonymity for fungiblility (like me), others for committing crime. What you choose to use the anonymity for is up to you, but regardless of why you use it the main point is to have an untraceable currency.
... don’t think that Coinbase an anonymity go well together, although I guess I could be wrong...
Aaaaaahhhhh goddammit *THIS* again... when oh when are ppl gonna get offa this fucking 'anonymity' focus and REALIZE that Monero is best because of FUNGIBILITY (a critical necessary absolutely essential aspect of what makes it possible for *anything* to be used as actual "currency")
The happy accident that makes full honest-to-God fungibility just conveniently also provide untraceable anonymity ain't the point. That's just a lucky nice bonus that we get BUT it's NOT THE POINT OF MONERO AT ALL in fact.
Srsly we monero-early-adopters really have GOT to GODDAMN get ON this message much STRONGER.
We have to kill this constant newbie focus on "Oh, Monero? That's an anon coin, right?" and really try harder to flog the Fun-fun-Fun-FUNGIBILITY understanding.
Fungibility is a hard concept to grasp as many think it is either on/off or since cash's fungibility is broke (in specific cases of kyc laws being abided), then nothing has to be fungible to work.
... don’t think that Coinbase an anonymity go well together, although I guess I could be wrong...
Aaaaaahhhhh goddammit *THIS* again... when oh when are ppl gonna get offa this fucking 'anonymity' focus and REALIZE that Monero is best because of FUNGIBILITY (a critical necessary absolutely essential aspect of what makes it possible for *anything* to be used as actual "currency")
The happy accident that makes full honest-to-God fungibility just conveniently also provide untraceable anonymity ain't the point. That's just a lucky nice bonus that we get BUT it's NOT THE POINT OF MONERO AT ALL in fact.
Srsly we monero-early-adopters really have GOT to GODDAMN get ON this message much STRONGER.
We have to kill this constant newbie focus on "Oh, Monero? That's an anon coin, right?" and really try harder to flog the Fun-fun-Fun-FUNGIBILITY understanding.
I agree but it's so repetitive you just start ignoring things when you see them repeated over and over. For instance I just get sick of repeating fundamentals like trusted setup and centralization (hence mutability) go against all the tenants of the creation of CC.
To that point...
In some ways Monero is no different than physical cash. You deposit it at the bank, they have a record. You withdraw it... they have a record. In the same way you buy Monero at Coinbase. they have a record. You sell it, they have a record. Deposit it... they have a record, withdraw it... they have a record. They follow their AML/KYC stuff and they know what they need to know about their customer.
The differences are this. Did your Monero come from a Poker site? No one knows. Coinbase doesn't know. So there is no need to blacklist it. I don't think Coinbase really wants to have to be the police. They want to be an on/offramp for crypto.
Coinbase would be crazy not to want to support fungible crypto. It would make their lives lots easier.
And it leaves the police work to the police.
In some ways Monero is no different than physical cash. You deposit it at the bank, they have a record. You withdraw it... they have a record. In the same way you buy Monero at Coinbase. they have a record. You sell it, they have a record. Deposit it... they have a record, withdraw it... they have a record. They follow their AML/KYC stuff and they know what they need to know about their customer.
The differences are this. Did your Monero come from a Poker site? No one knows. Coinbase doesn't know. So there is no need to blacklist it. I don't think Coinbase really wants to have to be the police. They want to be an on/offramp for crypto.
Coinbase would be crazy not to want to support fungible crypto. It would make their lives lots easier.
And it leaves the police work to the police.
True and they have actually shown a little backbone by fighting lea's blanket request for user info.
To that point...
In some ways Monero is no different than physical cash. You deposit it at the bank, they have a record. You withdraw it... they have a record. In the same way you buy Monero at Coinbase. they have a record. You sell it, they have a record. Deposit it... they have a record, withdraw it... they have a record. They follow their AML/KYC stuff and they know what they need to know about their customer.
The differences are this. Did your Monero come from a Poker site? No one knows. Coinbase doesn't know. So there is no need to blacklist it. I don't think Coinbase really wants to have to be the police. They want to be an on/offramp for crypto.
Coinbase would be crazy not to want to support fungible crypto. It would make their lives lots easier.
And it leaves the police work to the police.
In some ways Monero is no different than physical cash. You deposit it at the bank, they have a record. You withdraw it... they have a record. In the same way you buy Monero at Coinbase. they have a record. You sell it, they have a record. Deposit it... they have a record, withdraw it... they have a record. They follow their AML/KYC stuff and they know what they need to know about their customer.
The differences are this. Did your Monero come from a Poker site? No one knows. Coinbase doesn't know. So there is no need to blacklist it. I don't think Coinbase really wants to have to be the police. They want to be an on/offramp for crypto.
Coinbase would be crazy not to want to support fungible crypto. It would make their lives lots easier.
And it leaves the police work to the police.
... don’t think that Coinbase an anonymity go well together, although I guess I could be wrong...
Aaaaaahhhhh goddammit *THIS* again... when oh when are ppl gonna get offa this fucking 'anonymity' focus and REALIZE that Monero is best because of FUNGIBILITY (a critical necessary absolutely essential aspect of what makes it possible for *anything* to be used as actual "currency")
The happy accident that makes full honest-to-God fungibility just conveniently also provide untraceable anonymity ain't the point. That's just a lucky nice bonus that we get BUT it's NOT THE POINT OF MONERO AT ALL in fact.
Srsly we monero-early-adopters really have GOT to GODDAMN get ON this message much STRONGER.
We have to kill this constant newbie focus on "Oh, Monero? That's an anon coin, right?" and really try harder to flog the Fun-fun-Fun-FUNGIBILITY understanding.
P.S. I'm still srsly of the opinion that as *soon* as multi-sig hits, we will see coinbase announce XMR as their next coin... 
Monero on Coinbase? I know that Coinbase wouldn’t be able to see where the money came from, but otherwise none of Monero’s privacy features would be helpful (Coinbase could keep a log of where you send your money, and probably would). Besides, I just don’t think that Coinbase an anonymity go well together, although I guess I could be wrong... 
Gotta love the 80+% premine of bcn too.
Kwuck you a XMR supporter? How did I miss that one
Not on this forum, but deep inside his soul he is.
Gotta love the 80+% premine of bcn too.
Kwuck you a XMR supporter? How did I miss that one
^what is the substantial difference between BCN and XMR i'm still unclear i know you have done your homework!!
XMR vs BCN @ 34 satoshis? lolhttps://poloniex.com/exchange#btc_bcn
weeeee
How about the 65,000 BCN each 120 seconds emission rate for starters, you fucking knob.
Gotta love the 80+% premine of bcn too.
^what is the substantial difference between BCN and XMR i'm still unclear i know you have done your homework!!
XMR vs BCN @ 34 satoshis? lolhttps://poloniex.com/exchange#btc_bcn
weeeee
How about the 65,000 BCN each 120 seconds emission rate for starters, you fucking knob.
Monero needs some good news right now. Looks like a hardware wallet is not in sight so best hurry up with that MyMonero Android app.
You do not need to wait for that since Verge already has that in place.
The only advantage Monero has over it is the size of the community but without any solid good news (not a fake pump) the price will stagnate and the community will look for better investment opportunities.
Something revolutionary should take place in Monerosphere to get any reason for a jump in the price. That's my opinion. Call me a troll/a retarded troll but I am personally looking for investment opportunities and I think Monero is severely overpriced given the state of the development... There are other coins that are far ahead and still have lower market cap....
This is just ignoring reality. TrueCryptonaire is fakenews. It's using a Bitcoin v0.8 codebase:
https://github.com/vergecurrency/VERGE/tree/master/src
That's like 5 year old code. It has absolutely zero innovation or plans for any afaik, and a dev that has spent like 12 months trying to setup an electrum server without success. Pump harder
You should not buy it then.... It will rise with or without you.
I won't. But you should go and make your own pump thread and take that discussion of verge there. You have a reputation of flip flopping.
Go away
Nobody even bothers to say thank you to me for giving such a good buy tip...
Why should anyone thank you when they never asked for your input? Please take your pump coin discussion to another thread.
Obviously at times you self-indulge in patting yourself on your back in front of others. I just can't figure out if it is a giant ego or a mental disorder.
No one may never know.
Go and grow your Bitcoins without having to gloat about it and your attempts to sway sentiment with your posts to manipulate the market by posting in this thread (if that is even possible).
Profit more ...
Post less.
^what is the substantial difference between BCN and XMR i'm still unclear i know you have done your homework!!
XMR vs BCN @ 34 satoshis? lolhttps://poloniex.com/exchange#btc_bcn
weeeee
Personally I mine zcash just to dump it for monero on my nvidias these days
Lol not a zcash fan but its coming for your lunch hard. RIP.
Yeah... but crazy thing is it doesn't know what we are having for lunch, where we are having it, how much lunch we have, or who we have invited to eat with us.
So... It will be staying hungry.
Or who we will serve it up too.
25hashcoins trying to bash monero makes me feel very comfortable about my investment, I don't know about you.
Trolls are always a good sign for Monero.
The last time they piled in was just before we went from 0.010558 up to three times that at the back end of August.
We just need a few more to prove the strength of the bullish sign. One pathetic attempt isn't quite enough, but its a start!
Buy when the trolls arrive?
Trolling seems to be an indicator, yes. They came in force to give us a kicking in August and then look what happened.
It's not that scientific - but seems more than purely anecdotally sound. Also it makes it fun when the trolls do come in...
25hashcoins trying to bash monero makes me feel very comfortable about my investment, I don't know about you.
Trolls are always a good sign for Monero.
The last time they piled in was just before we went from 0.010558 up to three times that at the back end of August.
We just need a few more to prove the strength of the bullish sign. One pathetic attempt isn't quite enough, but its a start!
Buy when the trolls arrive?
25hashcoins trying to bash monero makes me feel very comfortable about my investment, I don't know about you.
Trolls are always a good sign for Monero.
The last time they piled in was just before we went from 0.010558 up to three times that at the back end of August.
We just need a few more to prove the strength of the bullish sign. One pathetic attempt isn't quite enough, but its a start!
25hashcoins trying to bash monero makes me feel very comfortable about my investment, I don't know about you.
Lol not a zcash fan but its coming for your lunch hard. RIP.
Yeah... but crazy thing is it doesn't know what we are having for lunch, where we are having it, how much lunch we have, or who we have invited to eat with us.
So... It will be staying hungry.
Ha! Priceless. Capslock, stick with us, you're an asset.
Lol not a zcash fan but its coming for your lunch hard. RIP.
Yeah... but crazy thing is it doesn't know what we are having for lunch, where we are having it, how much lunch we have, or who we have invited to eat with us.
So... It will be staying hungry.
Or who we will serve it up too.
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