Oh god it goes even lower.
I can never seem to make a right call on this one.
We were price parity with bsv yesterday (whatever that means) and number 8th coin in the list.
Topic: [XMR] Monero Speculation - page 56. (Read 3313076 times)
'Haven’t heard of anything on the regulatory side. Presumably, it’s something specific to their [Bittrex] business.' - Jesse Powell (Kraken CEO)
https://twitter.com/jespow/status/1345117102009536512
https://twitter.com/jespow/status/1345117102009536512
Surely im not the only one, positive about this?
Bitcoin is doing what its supposed to do: going mainstream.
Monero is doing what its supposed to do: going underground.
Happy newyear every1
Greets Hank
Bitcoin is doing what its supposed to do: going mainstream.
Monero is doing what its supposed to do: going underground.
Happy newyear every1
Greets Hank
Other custodian exchanges will most probably delist XMR, just like what they did with XRP. Bisq looks to be the only true decentralized alternative at the moment but it relies on the average price on custodian exchanges with enough volume for the price determination.
How will the true price of XMR/BTC be discovered when XMR is delisted?
How will the true price of XMR/BTC be discovered when XMR is delisted?
1:1 peg would be acceptable.
Other custodian exchanges will most probably delist XMR, just like what they did with XRP. Bisq looks to be the only true decentralized alternative at the moment but it relies on the average price on custodian exchanges with enough volume for the price determination.
How will the true price of XMR/BTC be discovered when XMR is delisted?
How will the true price of XMR/BTC be discovered when XMR is delisted?
I'm interested, you still holding?
I'm assuming he is buying.
Not sure. Was the 20k Polo buy whale dumped into? If so, that's pretty capitulatey... 
It was indeed. And I am now 26.6k XMR richer. This is the lowest btc ratio since 2016. I'm seeing a lot of comments these days about how "it's different this time". No, it's not different. The smart money knows this and is picking up altcoins now and going forward from people who believe such thing. There will be a new rally for altcoins once again and it will catch a lot of people by surprise.
Monero has had tremendous technological progression and adoption over the last few years. "but fundamentals". None of that matters here. The main reason for this price drop was obviously the bear market and bitcoins recovery, however, something unexpected occurred after breaking 0.01 and that was massive margin liquidations. People who believe so strongly in monero that they'd leveraged up beyond reason were sadly getting crushed. The price went far lower than they expected and they were forced to let their coins go at the worst possible time. I think we may be in, or entering capitulation at this stage.
When the price was far higher I estimated a "worst-case" target to be ~0.007. Therefore I started buying at ~0.01 and decided to go in quite significantly around these levels we are now. I don't try to time exact bottoms, that is a fool's game and impossible at the scale I operate on anyway. There is still a risk that a continued bitcoin rally could put further pressure on altcoins. But what we're seeing here is unprecedented and the upside is now far greater. So from a risk/reward perspective, while the price could drop fruther, I think betting on further downside now is a bet with very high risk of missing out. If I've learned anything from more than half a decade trading alts, it's that when the market turns, it turns quickly. If I'm not positioned by then, I won't have time to.
There is something different this time though. I've always been a bitcoin holder. That is, I hold majority of my funds in bitcoin, rarely going below 70%. Not this time. I have decided to follow my own altcoin prediction to the fullest and increase my altcoin share significantly. In fact, I am, as of today more than 80% in altcoins and ready to increase that further. Monero just became my second largest holding. I haven't owned this much monero since during the xmrbtc rally in 2016.
Exciting times ahead. Or horrible misery
I'm interested, you still holding?
Buy fear, sell greed
I came here to catch up. Can’t believe 0.0045 but I am not looking to sell. I just can’t predict the floor.
Any ideas what is going on here? Soon breaking 130$,going further down. just wow. It will probably bounce soon as its not some random shitcoin to pump and dump..
Edit. Delisting, that's why.
https://bittrex.zendesk.com/hc/en-us/articles/360054393492-Pending-Market-Removals-01-15-21
Edit. Delisting, that's why.
https://bittrex.zendesk.com/hc/en-us/articles/360054393492-Pending-Market-Removals-01-15-21
It has to be something bigger than bittrex. This looks more coordinated.
W0w, people are getting some real cheap coins, sale of the decade going on right now.
The same People will be crying in 6 months saying they didn't get a chance to grab any while they cry about how low it is right now.
The same People will be crying in 6 months saying they didn't get a chance to grab any while they cry about how low it is right now.
I think poloniex is dead. 42 btc remaining on buy side
A really quick guestimate puts bittrex xmr volume at about 1/2 of 1% of reported xmr volume. OK so I tried to check my numbers and now its not listed (monero.how) am I dreaming, or did the site maintainer just ditch them lol
Take a look at the transactions per hour 
;
;
There is a worst case scenario where XMR is no longer listed on any exchanges.
I get that it would still be traded OTC. But that would badly hurt its liquidity and price.
I get that it would still be traded OTC. But that would badly hurt its liquidity and price.
Unlist away.
DMs will be customers enough.
DMs will be customers enough.
This is bad right ?
Nope, you can use bisq, poloniex or any other exchange
Not scared other exchanges will follow?
This is bad right ?
Nope, you can use bisq, poloniex or any other exchange
Not scared other exchanges will follow?
BISQ can not follow because it is an decentralized peer to peer exchange run by the people who want to trade and no other entity
WTF was that?
Bittrex delists Monero:https://www.reddit.com/r/xmrtrader/comments/kof3pw/xmr_market_on_bittrex_will_be_removed_on_friday/
Bittrex is a joke does not effect us at all, does anyone even remember getting listed on that shit exchange?
Monero was around before these centralized exchanges that are delisting and will be around long after.
This is bad right ?
Nope, you can use bisq, poloniex or any other exchange
Not scared other exchanges will follow?
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