[XMR] Monero Speculation - page 644.

elrippos friend

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only hodl what you understand and love!

Quote from: slaman29 on August 03, 2017, 02:54:09 PM

Quote from: elrippos friend on August 03, 2017, 01:26:59 AM

+1 --> same here Grin

I also believe that XMR will have a better adoption and use case as BTC. If you look at the xmr.to wallet, which is slightly modified, after you made the broadcast, 3 seconds later you see the payment on their modified wallet. If you try to pay a pizza at your local store with BTC you have to wait until your payment is accepted by a block out ot of the mempool. Last time i did that, i had to wait 1¹/² hours to get one confirmation. If i make a payment with Monero, it takes me like 3 minutes for the first confirmation. I would urge the DEV team to talk to the guys from xmr.to and pickup their modified code for the broadcast check, than you are faster than master card and that's a use case!!!

But Monero isn't about that, otherwise ETH or even DOGE would be just as "useful". Who sells pizza for Monero yet? Monero's last price jump was because of dark market use... I'm actually wondering why it didn't drop when the biggest ones were caught last month.

Well, if BTC doesn't get their transactions cleared faster, it will never be suitable for micropayments. Monero has no problem with that, so that is a reason and a use case Wink

Just wait until the auction for the 11k Monero from alpha bay get's in the sell off Roll Eyes

Hueristic

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Doomed to see the future and unable to prevent it

Quote from: cAPSLOCK on August 03, 2017, 05:44:03 PM

"As of today, we have taken measures to blacklist all addresses associated with the WannaCry attackers that are known to the ShapeShift team, as is our policy for any transactions we deem breach our terms of service. We are closely watching the situation as it continues to unfold as to block any further addresses associated.”

https://www.cyberscoop.com/wannacry-monero-bitcoin/

Umm... is this gentlemen?

Ha, they blacklist the address when it only has 150k left. A little late don't ya think.

Quote from: Febo on August 03, 2017, 06:15:24 PM

2 millions would be more then 15% XMR in someone else wallet. I doubt Monero owners are dumb enough for something like that.

Unfortunately I would not be surprised, it seems the more you have is inversely proportional to the amount of effort you put into safe guarding it from some of the posts I've read over the years. Wink

Quote from: smooth on August 03, 2017, 06:23:47 PM

It is easy to make an enormous buy side denominated in XMR with meaninglessly low bids, for example at 1 satoshi. 1 BTC @ 1 sat = 100 million XMR, more than exist.

Yes, I had a brain fart and switched buy/sell sides. I don't use Trex, was just checking out the volume there and mind went boom.

smooth

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Quote from: Hueristic on August 03, 2017, 04:08:48 PM

Quote from: binaryFate on August 03, 2017, 03:31:31 PM

Quote from: Hueristic on August 03, 2017, 03:14:09 PM

OK, whats up with Trex? Nice amount on the buy side but WTF is up with 2247117.185 XMR on the sell side?

2 Million??? I've never seen that Much for sale anywhere? Have I not noticed it go up so much? I watch polo all the time and never see it go over 300k anymore and drop below 200k all the time.

That amount is on the buy side (most of it at very small price, buy side is worth 90BTC only).
On the sell side there is ~30k XMR currently.

HAHA !! Thanks man I lost my mind!

It is easy to make an enormous buy side denominated in XMR with meaninglessly low bids, for example at 1 satoshi. 1 BTC @ 1 sat = 100 million XMR, more than exist.

Febo

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Quote from: Hueristic on August 03, 2017, 04:08:48 PM

Quote from: binaryFate on August 03, 2017, 03:31:31 PM

Quote from: Hueristic on August 03, 2017, 03:14:09 PM

OK, whats up with Trex? Nice amount on the buy side but WTF is up with 2247117.185 XMR on the sell side?

2 Million??? I've never seen that Much for sale anywhere? Have I not noticed it go up so much? I watch polo all the time and never see it go over 300k anymore and drop below 200k all the time.

That amount is on the buy side (most of it at very small price, buy side is worth 90BTC only).
On the sell side there is ~30k XMR currently.

HAHA !! Thanks man I lost my mind!

2 millions would be more then 15% XMR in someone else wallet. I doubt Monero owners are dumb enough for something like that.

cAPSLOCK

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Note the unconventional cAPITALIZATION!

"As of today, we have taken measures to blacklist all addresses associated with the WannaCry attackers that are known to the ShapeShift team, as is our policy for any transactions we deem breach our terms of service. We are closely watching the situation as it continues to unfold as to block any further addresses associated.”

https://www.cyberscoop.com/wannacry-monero-bitcoin/

Umm... is this gentlemen?

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: binaryFate on August 03, 2017, 03:31:31 PM

Quote from: Hueristic on August 03, 2017, 03:14:09 PM

OK, whats up with Trex? Nice amount on the buy side but WTF is up with 2247117.185 XMR on the sell side?

2 Million??? I've never seen that Much for sale anywhere? Have I not noticed it go up so much? I watch polo all the time and never see it go over 300k anymore and drop below 200k all the time.

That amount is on the buy side (most of it at very small price, buy side is worth 90BTC only).
On the sell side there is ~30k XMR currently.

HAHA !! Thanks man I lost my mind!

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: Hueristic on August 03, 2017, 03:14:09 PM

OK, whats up with Trex? Nice amount on the buy side but WTF is up with 2247117.185 XMR on the sell side?

2 Million??? I've never seen that Much for sale anywhere? Have I not noticed it go up so much? I watch polo all the time and never see it go over 300k anymore and drop below 200k all the time.

That amount is on the buy side (most of it at very small price, buy side is worth 90BTC only).
On the sell side there is ~30k XMR currently.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

OK, whats up with Trex? Nice amount on the buy side but WTF is up with 2247117.185 XMR on the sell side?

2 Million??? I've never seen that Much for sale anywhere? Have I not noticed it go up so much? I watch polo all the time and never see it go over 300k anymore and drop below 200k all the time.

slaman29

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Livecasino, 20% cashback, no fuss payouts.

Quote from: elrippos friend on August 03, 2017, 01:26:59 AM

+1 --> same here Grin

I also believe that XMR will have a better adoption and use case as BTC. If you look at the xmr.to wallet, which is slightly modified, after you made the broadcast, 3 seconds later you see the payment on their modified wallet. If you try to pay a pizza at your local store with BTC you have to wait until your payment is accepted by a block out ot of the mempool. Last time i did that, i had to wait 1¹/² hours to get one confirmation. If i make a payment with Monero, it takes me like 3 minutes for the first confirmation. I would urge the DEV team to talk to the guys from xmr.to and pickup their modified code for the broadcast check, than you are faster than master card and that's a use case!!!

But Monero isn't about that, otherwise ETH or even DOGE would be just as "useful". Who sells pizza for Monero yet? Monero's last price jump was because of dark market use... I'm actually wondering why it didn't drop when the biggest ones were caught last month.

dazbog835

member

Activity: 132

Merit: 10

Quote from: allohha on August 03, 2017, 12:53:13 PM

!The fact is that I'm not very clear about the external situation and I'm really worried about the safety of my finances. As in this image today, many tolerate some changes on their resources and I do not know what it can turn into. Also, today itself already We have bought Bitcoin, which no one knows how to handle and Perhaps they will even be lost with time.

If you're this worried about price fluctuations, you should not be investing in crypto (at least not at this early stage, maybe in 2 years?). I would suggest looking into index funds instead.

With crypto, you really need to understand the market first... and it's ecosystem as well.

cryptimus prime

hero member

Activity: 493

Merit: 551

Monero right now in mainstream media big headlines in Forbes, CNBC, Bloomberg, BBC. Check it out.

They practicaly say it is a better Version of BTC, privacy focussed and even the companies developing BTC tracking tools said to Forbes that XMR cant be tracked!

https://www.forbes.com/sites/thomasbrewster/2017/08/03/wannacry-hackers-use-shapeshift-to-launder-bitcoin/#339014563d0d

XMR to daa mooon! Grin

Billy Bunter

sr. member

Activity: 327

Merit: 252

Quote from: Febo on August 03, 2017, 12:48:45 PM

Quote from: tokeweed on August 03, 2017, 12:23:24 AM

Quote from: infofront on August 02, 2017, 11:13:44 PM

The fact that Polo has been down all day is concerning.

Huh? It's up. Been looking at altcoin prices all day. Try using another DNS or something. What's concerning are those errors when you cash out. They should be fixed by now, the fact that they aren't means their dev team ain't good.

There has to be something yesterday on poloniex since for few hours price did not moved at all. and was no volume.

Comcast had an outage - I think it was a fire at one of their data centers. Large parts of the north east USA were out for a while.

allohha

full member

Activity: 672

Merit: 176

Quote from: elrippos friend on August 03, 2017, 01:26:59 AM

Quote from: notrouble on August 02, 2017, 02:52:47 PM

Quote from: AlteregoX on August 02, 2017, 12:42:21 PM

I know this is the Monero thread, but i have a very small amount of money, do you think i should invest in XMR or ETH?

For sure most people would say monero here.

I have invested in both and was very glad that I bought ETH when it was at80$. I sold them at 220$ because for me it was a little bit to overhyped. Than I stocked up my btc and xmr.

ETH had its race, but for me it is totally quite a good invest since the price dump. I am not sure where it will go the next days/weeks, the pump was too heavy. Maybe to 300 again, maybe 150, who knows. On long term definitely upwards I guess...

On the other hand, the chances for XMR are much higher with the upcoming things like ledger wallet etc. to make a jump in near future.
And there are also many chances when they start making more marketing.
Many people havent seen how great this coin is. I asked so many people to have a look at it and nearly everybody invested a little bit in it after they actualy red something about it.

I would not say one coin of it is better, they are totaly different.
But for me XMR is the coin I have chosen at the end, because I love it and want to support it. It is money2.0 for me; totally secure, anonymous and has a great developer team. If there would be the possibility, I would use monero for each of my daily transactions.

+1 --> same here Grin

I also believe that XMR will have a better adoption and use case as BTC. If you look at the xmr.to wallet, which is slightly modified, after you made the broadcast, 3 seconds later you see the payment on their modified wallet. If you try to pay a pizza at your local store with BTC you have to wait until your payment is accepted by a block out ot of the mempool. Last time i did that, i had to wait 1¹/² hours to get one confirmation. If i make a payment with Monero, it takes me like 3 minutes for the first confirmation. I would urge the DEV team to talk to the guys from xmr.to and pickup their modified code for the broadcast check, than you are faster than master card and that's a use case!!!

!The fact is that I'm not very clear about the external situation and I'm really worried about the safety of my finances. As in this image today, many tolerate some changes on their resources and I do not know what it can turn into. Also, today itself already We have bought Bitcoin, which no one knows how to handle and Perhaps they will even be lost with time.

Febo

legendary

Activity: 2744

Merit: 1288

Quote from: tokeweed on August 03, 2017, 12:23:24 AM

Quote from: infofront on August 02, 2017, 11:13:44 PM

The fact that Polo has been down all day is concerning.

Huh? It's up. Been looking at altcoin prices all day. Try using another DNS or something. What's concerning are those errors when you cash out. They should be fixed by now, the fact that they aren't means their dev team ain't good.

There has to be something yesterday on poloniex since for few hours price did not moved at all. and was no volume.

elrippos friend

full member

Activity: 1179

Merit: 210

only hodl what you understand and love!

Quote from: notrouble on August 02, 2017, 02:52:47 PM

Quote from: AlteregoX on August 02, 2017, 12:42:21 PM

I know this is the Monero thread, but i have a very small amount of money, do you think i should invest in XMR or ETH?

For sure most people would say monero here.

I have invested in both and was very glad that I bought ETH when it was at80$. I sold them at 220$ because for me it was a little bit to overhyped. Than I stocked up my btc and xmr.

ETH had its race, but for me it is totally quite a good invest since the price dump. I am not sure where it will go the next days/weeks, the pump was too heavy. Maybe to 300 again, maybe 150, who knows. On long term definitely upwards I guess...

On the other hand, the chances for XMR are much higher with the upcoming things like ledger wallet etc. to make a jump in near future.
And there are also many chances when they start making more marketing.
Many people havent seen how great this coin is. I asked so many people to have a look at it and nearly everybody invested a little bit in it after they actualy red something about it.

I would not say one coin of it is better, they are totaly different.
But for me XMR is the coin I have chosen at the end, because I love it and want to support it. It is money2.0 for me; totally secure, anonymous and has a great developer team. If there would be the possibility, I would use monero for each of my daily transactions.

+1 --> same here Grin

I also believe that XMR will have a better adoption and use case as BTC. If you look at the xmr.to wallet, which is slightly modified, after you made the broadcast, 3 seconds later you see the payment on their modified wallet. If you try to pay a pizza at your local store with BTC you have to wait until your payment is accepted by a block out ot of the mempool. Last time i did that, i had to wait 1¹/² hours to get one confirmation. If i make a payment with Monero, it takes me like 3 minutes for the first confirmation. I would urge the DEV team to talk to the guys from xmr.to and pickup their modified code for the broadcast check, than you are faster than master card and that's a use case!!!

tokeweed

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Activity: 3976

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Life, Love and Laughter...

Quote from: infofront on August 02, 2017, 11:13:44 PM

The fact that Polo has been down all day is concerning.

Huh? It's up. Been looking at altcoin prices all day. Try using another DNS or something. What's concerning are those errors when you cash out. They should be fixed by now, the fact that they aren't means their dev team ain't good.

infofront

legendary

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Merit: 2868

Shitcoin Minimalist

The fact that Polo has been down all day is concerning.

Hueristic

legendary

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Doomed to see the future and unable to prevent it

Quote from: explorer on August 02, 2017, 01:16:22 AM

Quote from: Hueristic on August 01, 2017, 10:34:45 PM

Quote from: explorer on August 01, 2017, 08:19:00 PM

Quote from: Hueristic on August 01, 2017, 10:44:49 AM

So I just noticed Polo has screwed me the last 5 days or so. I opened a long and have left it and my lending rate I set to pay was 2% (default) yet I've been charged between 4.5-5$ for the LAST 5 DAYS (stupid capslock). Does anyone know why this would happen? I really don't want to open a ticket as I have no response to the last two I opened. They are really going down hill fast, I can no longer defend them.

What you set is the initial borrowing rate. Any roll over will always be at the best available rate at the time. Recently the lending pool shrank drastically as people removed btc from exchanges so they could collect their alt fork coins. Rates mooned, borrowers paid.

Quote from: DaveyJones on August 01, 2017, 08:45:14 PM

Quote from: Febo on August 01, 2017, 11:38:17 AM

Lots of fake buy walls on Poloniex. Not sure why they actually put them. Hoping for flash crash? Is that even possible in Moreno?

No those walls where just there to get the according BCC in case Polo will every attribute them Wink

you put a margin buy order low in the book and only pay the interest for the BTC and still also get the BCC

Quote from: Hueristic on August 01, 2017, 10:44:49 AM

So I just noticed Polo has screwed me the last 5 days or so. I opened a long and have left it and my lending rate I set to pay was 2% (default) yet I've been charged between 4.5-5$ for the LAST 5 DAYS (stupid capslock). Does anyone know why this would happen? I really don't want to open a ticket as I have no response to the last two I opened. They are really going down hill fast, I can no longer defend them.

Most likely you only had 2 day loans and when those run out only the bigger ones were left, and are taken automatically... the order does not get canceled if it doesnt fulfill the 2% you stated in the first order in a renewal
.

Well thats a load of horeshit! So they think if they remove all loans that they can force you to pay more than you agreed to. Thats retarded. The margin should close or you should be asked if you agree to a higher rate. Where the fuck does it say I agreed to that shit?

lol it's all there. I prefer the current model where you are free to close your position any time if it gets too hot, as opposed to being liquidated inopportunely because of rising fees which may or may not be of concern.

What pissed me off even more is that after I closed it I couldn't reopen it, it kept getting removed from the books and the price of course shot up right where I knew it would.

Quote from: DaveyJones on August 02, 2017, 03:03:07 AM

Quote from: Hueristic on August 01, 2017, 10:34:45 PM

Well thats a load of horeshit! So they think if they remove all loans that they can force you to pay more than you agreed to. Thats retarded. The margin should close or you should be asked if you agree to a higher rate. Where the fuck does it say I agreed to that shit?

Well its hidden in their https://poloniex.com/support/aboutMarginTrading/ category

To quote

Quote

It is important to remember that although you can specify your maximum loan rate when you place an order, you may end up with a higher rate if you keep an order or position open for more than two days. This is because your loans may expire after that amount of time and be transferred to new lenders at the best available rate.

Thanks for finding that for me.

Do you know when that was added because I certainly don't remember reading it and I read all of it when I started margining.

Quote from: smooth on August 02, 2017, 04:48:11 PM

Quote from: Hueristic on August 01, 2017, 10:34:45 PM

Where the fuck does it say I agreed to that shit?

I'd guess in their Terms of Service next to the waiver of class action lawsuits and mandatory arbitration.

Do you know when that was added?

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: Hueristic on August 01, 2017, 10:34:45 PM

Where the fuck does it say I agreed to that shit?

I'd guess in their Terms of Service next to the waiver of class action lawsuits and mandatory arbitration.

c789

hero member

Activity: 850

Merit: 1000

Quote from: notrouble on August 02, 2017, 02:52:47 PM

Quote from: AlteregoX on August 02, 2017, 12:42:21 PM

I know this is the Monero thread, but i have a very small amount of money, do you think i should invest in XMR or ETH?

For sure most people would say monero here.

I have invested in both and was very glad that I bought ETH when it was at80$. I sold them at 220$ because for me it was a little bit to overhyped. Than I stocked up my btc and xmr.

ETH had its race, but for me it is totally quite a good invest since the price dump. I am not sure where it will go the next days/weeks, the pump was too heavy. Maybe to 300 again, maybe 150, who knows. On long term definitely upwards I guess...

On the other hand, the chances for XMR are much higher with the upcoming things like ledger wallet etc. (mobile wallets, KovriI2P, multisig) to make a jump in near future.
And there are also many chances when they start making more marketing.
Many people havent seen how great this coin is. I asked so many people to have a look at it and nearly everybody invested a little bit in it after they actualy red something about it.

I would not say one coin of it is better, they are totaly different.
But for me XMR is the coin I have chosen at the end, because I love it and want to support it. It is money2.0 for me; totally secure, anonymous and has a great developer team. If there would be the possibility, I would use monero for each of my daily transactions.

Agree, and I added the bold text.

Topic: [XMR] Monero Speculation - page 644. (Read 3314316 times)