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Topic: [XMR] Monero Speculation - page 694. (Read 3314330 times)

jr. member
Activity: 48
Merit: 2
June 06, 2017, 10:02:38 PM
I memeber that day when XMR hit 0.025 there was more than 150k XMR available on lending market (just few weeks ago). Then next day, just a minute after the big dump deep below 0.02 I've checked again and there was around 100k XMR missing from there (around 60k XMR only).
Now I would actually like to see more coins on lending market because it adds up to XMR liquidity, but current shortage (only 35k atm) probably comes from the lack of confidence in holding too many coins on Poloniex cos they had to many issues over past few months.
Right now there are 44k traders online, back in 2016 there was below 10k users online, now if you let 100 people jump in the bus made for 50 people - you get a broken bus full of pissed off people  Angry
That's whats happening to Poloniex right now, and could be the main reason for lack in liquidity and increased volatility in all markets there, not only XMR.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
June 06, 2017, 09:16:39 PM
Last time XMR broke 0.025 there was more than 100k XMR on lending market, now there is less than 30k XMR available for shorting, holy cow   Shocked


There must be a whale pumping.
Risto? Is that you?
  No... it's not him.  It is also more than one person.
legendary
Activity: 2744
Merit: 1288
June 06, 2017, 09:15:45 PM
Last time XMR broke 0.025 there was more than 100k XMR on lending market, now there is less than 30k XMR available for shorting, holy cow   Shocked


New ATH is a sure thing.
Deposits are disabled and Monero will go only up till they happen.
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
June 06, 2017, 09:14:57 PM
Last time XMR broke 0.025 there was more than 100k XMR on lending market, now there is less than 30k XMR available for shorting, holy cow   Shocked


There must be a whale pumping.
Risto? Is that you?
jr. member
Activity: 48
Merit: 2
June 06, 2017, 09:11:15 PM
Last time XMR broke 0.025 there was more than 100k XMR on lending market, now there is less than 30k XMR available for shorting, holy cow   Shocked
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
June 06, 2017, 09:02:12 PM
New ATH 13 days after Fluffygate. All that rage for what? People need to chill man... XMR was no less awesome then than it is today.

I don't see anyone else talking about it.
legendary
Activity: 3570
Merit: 1959
June 06, 2017, 08:44:05 PM
So, why the sudden pump now? A reaction to the announcement that the Polo wallets would be back up?

I saw on reddit some announcement about more DNM's integrating XMR, but IDK if it's the reason or not...
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
June 06, 2017, 08:41:37 PM
So, why the sudden pump now? A reaction to the announcement that the Polo wallets would be back up?
sr. member
Activity: 243
Merit: 250
June 06, 2017, 08:29:21 PM
New ATH 13 days after Fluffygate. All that rage for what? People need to chill man... XMR was no less awesome then than it is today.
More awesome. Community is top notch and growing fast.
full member
Activity: 266
Merit: 119
June 06, 2017, 08:25:17 PM
New ATH 13 days after Fluffygate. All that rage for what? People need to chill man... XMR was no less awesome then than it is today.
legendary
Activity: 3570
Merit: 1959
June 06, 2017, 07:25:06 PM
ZenCash could take over Monero's place. We will have to see.

Nah.. also, wrong thread buddy... Go shill your shitcoin elsewhere. Tongue
kc.
sr. member
Activity: 267
Merit: 250
uh-huh
June 06, 2017, 07:10:27 PM
ZenCash could take over Monero's place. We will have to see.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
June 06, 2017, 07:04:01 PM
How is ringct better than ct with mixing and stealth addrrsses? Hint its not

Hint.  It exists.

lol rekt  Tongue



hero member
Activity: 768
Merit: 505
June 06, 2017, 06:36:11 PM
How is ringct better than ct with mixing and stealth addrrsses? Hint its not

Hint - the whole chain is opaque not just some of it
sr. member
Activity: 696
Merit: 439
June 06, 2017, 06:33:29 PM
Monero surging to $54. It also looks like a decent amount of darknet markets could switch to monero. With lower fees and being anonymous, I see monero booming.
legendary
Activity: 2016
Merit: 1259
June 06, 2017, 06:06:28 PM
How is ringct better than ct with mixing and stealth addrrsses? Hint its not

Hint.  It exists.
sr. member
Activity: 248
Merit: 250
June 06, 2017, 04:59:52 PM

Monero probably isn't going to be added to Coinbase anytime soon.

I was listening to a talk from Charlie Lee (who works at Coinbase). He was talking about LTC and the potential of getting it added to Coinbase. Anyway, he mentioned that LTC volume on GDAX (exchange owned by Coinbase) has to be consistently high enough before Coinbase would consider adding LTC.

Monero isn't even listed on GDAX. That will probably have to be the first step.

Why does Coinbase only list coins that have high volume on GDAX? Cause they don't want to rely on / go to a 3rd party exchange to source their coins.
  

Not sure what you are talking about.  Litecoin is on Coinbase as well as GDAX.  Maybe it was added to GDAX first, but it doesn't really matter.   If you create a Coinbase account, you automatically have a GDAX account with same banking info for funding.  Only difference is GDAX operates more like a Poloniex type exchange - you place bids and asks, while Coinbase gives you a simpler interface / flat rate based on total being sold or bought.  And Coinbase has higher fees.

So maybe they listed it on GDAX first until they had enough volume to be able to manage the Coinbase flat rate.  But, regardless, listing on GDAX would be incredible news and open an easy dollar purchase option for all Coinbase / GDAX clients.

Still, I'm skeptical of it happening anytime soon, given their IRS litigation.
legendary
Activity: 2044
Merit: 1005
June 06, 2017, 04:51:40 PM
How is ringct better than ct with mixing and stealth addrrsses? Hint its not
legendary
Activity: 2744
Merit: 1288
June 06, 2017, 03:09:40 PM
Except Coinbase is totally fucked right now.
I would advise anyone to not use their service. If you have any issue with your account you will be waiting weeks or months for a response from support.
They are too busy spending money on facebook ads to hire personnel or make improvements to the website/ backend.
(Website was down several times yesterday.)
Maybe things will improve in the coming months but for now Monero doesn't need them to be successful. Its way undervalued and if you don't own some of these coins in a few years you are going to regret it. I would be very surprised if XMR wasn't $100 by this time next year.
Monero is the GNU Linux of the Crypto world. It doesn't need ads or corporate sponsors. Hard work and good code will prevail over time. This is a long-term project.

Whether Coinbase is fucked or not, I believe that Coinbase adoption would be great for Monero. To extend your analogy, if Monero is the linux of Crypto then Coinbase could do for it what Red Hat did for linux.

Monero probably isn't going to be added to Coinbase anytime soon.

I was listening to a talk from Charlie Lee (who works at Coinbase). He was talking about LTC and the potential of getting it added to Coinbase. Anyway, he mentioned that LTC volume on GDAX (exchange owned by Coinbase) has to be consistently high enough before Coinbase would consider adding LTC.

Monero isn't even listed on GDAX. That will probably have to be the first step.

Why does Coinbase only list coins that have high volume on GDAX? Cause they don't want to rely on / go to a 3rd party exchange to source their coins.
  

Coinbase listed LTC like a month ago. It was part of the big LTC price increase from $4 where was last 2 years to $30.
You most likely listened some old audio, so you were right Monero was not listed n Coinbase quiet some time from time that that audio happened.
newbie
Activity: 55
Merit: 0
June 06, 2017, 03:02:53 PM
Except Coinbase is totally fucked right now.
I would advise anyone to not use their service. If you have any issue with your account you will be waiting weeks or months for a response from support.
They are too busy spending money on facebook ads to hire personnel or make improvements to the website/ backend.
(Website was down several times yesterday.)
Maybe things will improve in the coming months but for now Monero doesn't need them to be successful. Its way undervalued and if you don't own some of these coins in a few years you are going to regret it. I would be very surprised if XMR wasn't $100 by this time next year.
Monero is the GNU Linux of the Crypto world. It doesn't need ads or corporate sponsors. Hard work and good code will prevail over time. This is a long-term project.

Whether Coinbase is fucked or not, I believe that Coinbase adoption would be great for Monero. To extend your analogy, if Monero is the linux of Crypto then Coinbase could do for it what Red Hat did for linux.

Monero probably isn't going to be added to Coinbase anytime soon.

I was listening to a talk from Charlie Lee (who works at Coinbase). He was talking about LTC and the potential of getting it added to Coinbase. Anyway, he mentioned that LTC volume on GDAX (exchange owned by Coinbase) has to be consistently high enough before Coinbase would consider adding LTC.

Monero isn't even listed on GDAX. That will probably have to be the first step.

Why does Coinbase only list coins that have high volume on GDAX? Cause they don't want to rely on / go to a 3rd party exchange to source their coins.
  
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