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Topic: [XMR] Monero Speculation - page 620. (Read 3314350 times)

member
Activity: 140
Merit: 10
August 24, 2017, 10:44:52 AM
This one is also interesting:
https://www.reddit.com/r/xmrtrader/comments/6vrfyw/bithumb_monero_update/

(but IDK if it is rumor or real, it may be "antihype" to lower price and accumulate)

But also, what I understood, XMR is going to India this week?
full member
Activity: 182
Merit: 100
August 24, 2017, 10:33:21 AM
https://www.reddit.com/r/xmrtrader/comments/6vkqin/has_the_first_event_started_on_bithumb_yet/

probably there will be some delay.
Anybody having bithumb account to check?
hero member
Activity: 850
Merit: 1000
August 24, 2017, 10:14:40 AM

Coindesk has around 10 polls which seem to appear randomly when you visit each page. I had to view 4 pages before that poll appeared.
full member
Activity: 161
Merit: 100
<3 Crypto
August 24, 2017, 10:10:34 AM
Is anybody else also looking forward to this weekend?  Cool

What would be the assumed price of XMR by the end of the year. I am seriously thinking long-term. Any loose prediction will do...
Thanks in advance.

Early this year, we've seen $50-$100 as target EoY. We already touched those prices. Cool
legendary
Activity: 3570
Merit: 1959
August 24, 2017, 10:01:13 AM
sr. member
Activity: 327
Merit: 252
August 24, 2017, 09:57:27 AM
What would be the assumed price of XMR by the end of the year. I am seriously thinking long-term. Any loose prediction will do...
Thanks in advance.

DNMs volumes should approach 0.1% of the global black markets by the end of 2018, I.e. roughly 25bn$/an.  In mid-2013 SR1 was turning over about $1bn/an.  Since no major DNM can risk BTC, ZEC, or ETH in the future, the only coin with the liquidity to support DNMs will be XMR.  Since pq=mv, and pq and m are known (estimated) factors, that leaves v.  If the velocity of XMR is roughly the same as SR1 era BTC, then at the end of 2018 XMR would trade at roughly 2500 $us, averaging over any periods of excess volatility.  I prefer to assume that either half of the DNMs are honeypots using BTC or ZEC, or that the velocity of XMR is more than twice the velocity of BTC in the SR1 era, in which case $1000 would be a better estimate.

Rational discounting in a negative real interest rate environment isn't very...relevant; thus, the only discounting factor is risk of model error. 

End of 2017 or 2018? Your response is unclear since the OP was referring to 2017.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
August 24, 2017, 07:52:48 AM
What would be the assumed price of XMR by the end of the year. I am seriously thinking long-term. Any loose prediction will do...
Thanks in advance.

DNMs volumes should approach 0.1% of the global black markets by the end of 2018, I.e. roughly 25bn$/an.  In mid-2013 SR1 was turning over about $1bn/an.  Since no major DNM can risk BTC, ZEC, or ETH in the future, the only coin with the liquidity to support DNMs will be XMR.  Since pq=mv, and pq and m are known (estimated) factors, that leaves v.  If the velocity of XMR is roughly the same as SR1 era BTC, then at the end of 2018 XMR would trade at roughly 2500 $us, averaging over any periods of excess volatility.  I prefer to assume that either half of the DNMs are honeypots using BTC or ZEC, or that the velocity of XMR is more than twice the velocity of BTC in the SR1 era, in which case $1000 would be a better estimate.

Rational discounting in a negative real interest rate environment isn't very...relevant; thus, the only discounting factor is risk of model error. 
legendary
Activity: 2968
Merit: 1198
August 24, 2017, 06:58:43 AM
If they would be  a shitty exchange then they would not try hard to get liquidity for new coin added by offering 1% to all XMR deposits and rewards for TOP traders.   All that just show how serious they take their bushiness.  And I am not worried there will be low volume. Most likely bithumb will be Monero second biggest volume exchange.

Bitthumb is currently the highest volume crypto exchange in the world

https://coinmarketcap.com/exchanges/volume/24-hour/

(Ignore fake nonsense currently listed above it) EDIT: no longer there
legendary
Activity: 2968
Merit: 1198
legendary
Activity: 2744
Merit: 1288
August 24, 2017, 06:54:35 AM
Why do you think is gonna be another pump from tomorrow to Sunday?

The pump for bithumb list already came and the promotion (up to 100 xmr for top 50 traders) could be useless -> I think the big traders have enough money to dont get crazy to win those extra XMR and if so, maybe they are only interested in moving the price in the same range.

What do you think?
it's not about big traders
Big traders have just better option to jump in since public will be able to from Friday/Saturday

which gave them bit advantage to buy lower.

When general public will be able to buy XMR -> should (not necessarily will) be pump event as they might want to buy as soon as possible due to lower price.

Who knows, it's just guessing/speculating we all love.

i cannot find back the article where i saw it, but bithumb even has a storefront with desks. There seems to be tons of mom-and-pop-investors that throw their pension in bitcoin and alts.

If they would be  a shitty exchange then they would not try hard to get liquidity for new coin added by offering 1% to all XMR deposits and rewards for TOP traders.   All that just show how serious they take their bushiness.  And I am not worried there will be low volume. Most likely bithumb will be Monero second biggest volume exchange.
newbie
Activity: 37
Merit: 0
August 24, 2017, 06:53:58 AM
I also think that there will be another great pump this week-end, as soon as xmr will be listed in bithumb.
member
Activity: 112
Merit: 10
bros over blockfolios
August 24, 2017, 06:45:05 AM
Is anybody else also looking forward to this weekend?  Cool
Yeaaa might be a good weekend! Not sure if it will torpedo up that fast, we will see!
full member
Activity: 163
Merit: 100
Progress is the realization of UTOPIA's
August 24, 2017, 06:39:48 AM
Is anybody else also looking forward to this weekend?  Cool

What would be the assumed price of XMR by the end of the year. I am seriously thinking long-term. Any loose prediction will do...
Thanks in advance.
newbie
Activity: 9
Merit: 0
August 24, 2017, 06:30:41 AM
Is anybody else also looking forward to this weekend?  Cool
member
Activity: 112
Merit: 10
bros over blockfolios
August 24, 2017, 06:14:56 AM
There is a little dip now... before a big bump tomorrow when korea will wake up ?

Yeah I am seriously thinking about throwing another few BTC at it now

Same here, 10% loss might be good opportunity...
member
Activity: 81
Merit: 10
August 24, 2017, 05:48:22 AM
Why do you think is gonna be another pump from tomorrow to Sunday?

The pump for bithumb list already came and the promotion (up to 100 xmr for top 50 traders) could be useless -> I think the big traders have enough money to dont get crazy to win those extra XMR and if so, maybe they are only interested in moving the price in the same range.

What do you think?
it's not about big traders
Big traders have just better option to jump in since public will be able to from Friday/Saturday

which gave them bit advantage to buy lower.

When general public will be able to buy XMR -> should (not necessarily will) be pump event as they might want to buy as soon as possible due to lower price.

Who knows, it's just guessing/speculating we all love.

i cannot find back the article where i saw it, but bithumb even has a storefront with desks. There seems to be tons of mom-and-pop-investors that throw their pension in bitcoin and alts.
newbie
Activity: 2
Merit: 0
August 24, 2017, 05:39:33 AM
XMR continues to be pump again??
full member
Activity: 182
Merit: 100
August 24, 2017, 04:33:13 AM
Why do you think is gonna be another pump from tomorrow to Sunday?

The pump for bithumb list already came and the promotion (up to 100 xmr for top 50 traders) could be useless -> I think the big traders have enough money to dont get crazy to win those extra XMR and if so, maybe they are only interested in moving the price in the same range.

What do you think?
it's not about big traders
Big traders have just better option to jump in since public will be able to from Friday/Saturday

which gave them bit advantage to buy lower.

When general public will be able to buy XMR -> should (not necessarily will) be pump event as they might want to buy as soon as possible due to lower price.

Who knows, it's just guessing/speculating we all love.
newbie
Activity: 41
Merit: 0
August 24, 2017, 04:22:39 AM
Why do you think is gonna be another pump from tomorrow to Sunday?

The pump for bithumb list already came and the promotion (up to 100 xmr for top 50 traders) could be useless -> I think the big traders have enough money to dont get crazy to win those extra XMR and if so, maybe they are only interested in moving the price in the same range.

What do you think?
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