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Topic: [XMR] Monero Speculation - page 781. (Read 3314343 times)

sr. member
Activity: 522
Merit: 266
April 11, 2017, 06:44:29 AM
Looking at the big picture, it feels like XMR fair price should be around 60-80USD. At least. Not saying is going to happen overnight, but it seems this is the direction. If we can do it at steady, slow pace, better.

Looking at the big picture, I would say XMR is the most evil cryptocurrency of date. I've never witnessed a lower-level bunch of twisted sociopaths use every neuron of their brains to figure out how to make the world a worse off place for their benefit. Theyre truly no better than the likes of Goldman Sachs and Wells Fargo.

But yeah I know, if you make a lotta money, regardless of how you made it, you're a legitimate pimp, right??

Wrong.

If you cause more harm to the world than good, you're a shit person. And that best summates the entire XMR development crew and their rabid brainless hooligan following. If you knowingly cause pain to others for your own gain, you're not even a modern human. You're just an neanderthal ape, guided by those shitty reptilian instincts which occupy a farther bigger portion of your brain than the normal, decent human being.

judgmental much there? There's your clue on what to work on. Poor tormented soul.
legendary
Activity: 2702
Merit: 2053
Free spirit
April 11, 2017, 06:43:01 AM
*snip*

Eat your own dog food.

legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
April 11, 2017, 05:30:05 AM
[...] They [Poloniex] say they keep the majority of their funds in cold storage. I have a lot on there and don't lose sleep over it.

Funny how this really differs from person to person, I can't sleep having my very own monero/bitcoin over there for even a day (after purchasing).

Cryptomoney to me, it may sound cliche, is about being able to be your own bank. I very much like having full control over my own money.
hero member
Activity: 850
Merit: 1000
April 10, 2017, 06:16:13 PM
Hey can someone knowledgable here post a quick synopsis of the situation with XMR LENDING on Poloniex?

I've never done it but just looking around there today noticed that entire section of the site... curious what the actual PROs and CONs are about this.

My XMR stash is basically sitting in a cold address so I'm just thinking maybe put a little of it to work?

That is, as long as the risk isn't too great (?) and/or the reward is worth it (??)

What do you guys think?  Anyone around here doing the lending-thing, or have opinions on it strongly one way or the other?

The rates for XMR lending are minuscule. However, if you decide that earning a very small rate is better than nothing and it's worth putting your XMR on the site and locking them in a loan (default is only 2 days, but you can adjust that), then that's the right choice for you.

I know all of the warnings about keeping funds on exchanges, and those are valid warnings, but Polo was hacked around 2 EDIT: 3 years ago and they restored people's money. They admitted it up front and did the right thing. I believe the most serious problems they've had since then are DDoS, which they mitigate as good as anyone from my experience. They say they keep the majority of their funds in cold storage. I have a lot on there and don't lose sleep over it.
legendary
Activity: 2016
Merit: 1259
April 10, 2017, 06:12:38 PM
Hey can someone knowledgable here post a quick synopsis of the situation with XMR LENDING on Poloniex?

Currently the return on best offer is .0001%.  Presumably such offers are made short term in order to hook a short borrower, and will be withdrawn later in order to squeeze them.  I haven't been watching but my guess is that the lending rates are hyper-volatile.

Flat at near zero for months.  Available loans shrinking substantially in the last week or so though, so as the price and volume increase, so should the lending rate.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
April 10, 2017, 06:08:59 PM
Hey can someone knowledgable here post a quick synopsis of the situation with XMR LENDING on Poloniex?

Currently the return on best offer is .0001%.  Presumably such offers are made short term in order to hook a short borrower, and will be withdrawn later in order to squeeze them.  I haven't been watching but my guess is that the lending rates are hyper-volatile.
legendary
Activity: 2016
Merit: 1259
April 10, 2017, 06:06:28 PM
Hey can someone knowledgable here post a quick synopsis of the situation with XMR LENDING on Poloniex?

I've never done it but just looking around there today noticed that entire section of the site... curious what the actual PROs and CONs are about this.

My XMR stash is basically sitting in a cold address so I'm just thinking maybe put a little of it to work?

That is, as long as the risk isn't too great (?) and/or the reward is worth it (??)

What do you guys think?  Anyone around here doing the lending-thing, or have opinions on it strongly one way or the other?

I lend when rates are high.  It's not even peanuts lately though.  A few husks and some salt, thats it.  When rates get above 0.1% consistently it aproaches worthwhile, IMO.  Looks like people are starting to short, so keep an eye on it, but not yet.

ADD:
 Don't neglect to consider the PITA getting funds back OUT of Poloniex.
legendary
Activity: 1442
Merit: 1001
April 10, 2017, 03:21:27 PM
Looking at the big picture, it feels like XMR fair price should be around 60-80USD. At least. Not saying is going to happen overnight, but it seems this is the direction. If we can do it at steady, slow pace, better.

Indeed. I'll take a nice gradual appreciation over some ridiculous *cough* DASH spike. In fact, if those coins switched prices (XMR=$63, DASH=$21) over the next 18 months I wouldn't be surprised in the slightest.
hero member
Activity: 608
Merit: 509
April 10, 2017, 03:19:04 PM
Hey can someone knowledgable here post a quick synopsis of the situation with XMR LENDING on Poloniex?

I've never done it but just looking around there today noticed that entire section of the site... curious what the actual PROs and CONs are about this.

My XMR stash is basically sitting in a cold address so I'm just thinking maybe put a little of it to work?

That is, as long as the risk isn't too great (?) and/or the reward is worth it (??)

What do you guys think?  Anyone around here doing the lending-thing, or have opinions on it strongly one way or the other?
legendary
Activity: 981
Merit: 1005
No maps for these territories
April 10, 2017, 03:16:37 PM
Looking at the big picture, it feels like XMR fair price should be around 60-80USD. At least. Not saying is going to happen overnight, but it seems this is the direction. If we can do it at steady, slow pace, better.
sr. member
Activity: 514
Merit: 258
April 10, 2017, 09:43:36 AM
More people mine, less Moneros you get from one hash you give to the network to mine.  As it looks miners expect price will go up so they mine altho get much less reward then would get a week ago..
In last 3 years whenever hash rate increased soon latter also price increased.
Well, Monero is kind of due for a pump of it’s own. DASH and Ethereum have already got theirs and seem to be holding up a good portion of that pump, so It’d make sense Monero gets one soon.

Dash is breaking down imho... seems like beartrend for sure...
sr. member
Activity: 504
Merit: 250
April 10, 2017, 09:39:29 AM
More people mine, less Moneros you get from one hash you give to the network to mine.  As it looks miners expect price will go up so they mine altho get much less reward then would get a week ago..
In last 3 years whenever hash rate increased soon latter also price increased.
Well, Monero is kind of due for a pump of it’s own. DASH and Ethereum have already got theirs and seem to be holding up a good portion of that pump, so It’d make sense Monero gets one soon.
sr. member
Activity: 327
Merit: 252
April 10, 2017, 08:38:38 AM
i think when the big altcoins like dash or eth go down + bitcoin
monero gets its attention
I also am interested in this theory.  It does seem to hold fairly well recently and over time.  I think it is a reasonable speculation that when this altcoin bubble bursts monero may benefit but it's a little tricky because monero is also an Alt... so I also think we have to consider the possibility that instead of going up it holds its value. In fact I think we may be seeing that now.

XMR is looking extremely good just now - we are holding up in the high $21.XX area.  A sea of red on Polo and as I type, a little green for us.  

https://monerobase.com/


What is the relationship between increased hash rate and price increase?


More people mine, less Moneros you get from one hash you give to the network to mine.  As it looks miners expect price will go up so they mine altho get much less reward then would get a week ago..
In last 3 years whenever hash rate increased soon latter also price increased.

So what might the miners know that we don't? Or is this just mostly speculation on their part?
legendary
Activity: 2016
Merit: 1259
April 10, 2017, 08:22:49 AM
HR went from 60's to 80's recently.  Not double, but it is steadily increasing.  Active nodes has been steady over that period, to my observation.
legendary
Activity: 2744
Merit: 1288
April 10, 2017, 08:16:16 AM
i think when the big altcoins like dash or eth go down + bitcoin
monero gets its attention
I also am interested in this theory.  It does seem to hold fairly well recently and over time.  I think it is a reasonable speculation that when this altcoin bubble bursts monero may benefit but it's a little tricky because monero is also an Alt... so I also think we have to consider the possibility that instead of going up it holds its value. In fact I think we may be seeing that now.

XMR is looking extremely good just now - we are holding up in the high $21.XX area.  A sea of red on Polo and as I type, a little green for us.  

https://monerobase.com/


What is the relationship between increased hash rate and price increase?


More people mine, less Moneros you get from one hash you give to the network to mine.  As it looks miners expect price will go up so they mine altho get much less reward then would get a week ago..
In last 3 years whenever hash rate increased soon latter also price increased.
sr. member
Activity: 327
Merit: 252
April 10, 2017, 07:58:33 AM
i think when the big altcoins like dash or eth go down + bitcoin
monero gets its attention

I also am interested in this theory.  It does seem to hold fairly well recently and over time.  I think it is a reasonable speculation that when this altcoin bubble bursts monero may benefit but it's a little tricky because monero is also an Alt... so I also think we have to consider the possibility that instead of going up it holds its value. In fact I think we may be seeing that now.

XMR is looking extremely good just now - we are holding up in the high $21.XX area.  A sea of red on Polo and as I type, a little green for us.   


https://monerobase.com/




What is the relationship between increased hash rate and price increase?
legendary
Activity: 2604
Merit: 1748
April 10, 2017, 07:53:14 AM
i think when the big altcoins like dash or eth go down + bitcoin
monero gets its attention

I also am interested in this theory.  It does seem to hold fairly well recently and over time.  I think it is a reasonable speculation that when this altcoin bubble bursts monero may benefit but it's a little tricky because monero is also an Alt... so I also think we have to consider the possibility that instead of going up it holds its value. In fact I think we may be seeing that now.

XMR is looking extremely good just now - we are holding up in the high $21.XX area.  A sea of red on Polo and as I type, a little green for us.  


https://monerobase.com/

(scary picture)



Pictures of that ugly thing make me shudder, I don't mind memes, but...  must you?!! Wink
full member
Activity: 186
Merit: 100
April 10, 2017, 06:20:45 AM
i think when the big altcoins like dash or eth go down + bitcoin
monero gets its attention

I also am interested in this theory.  It does seem to hold fairly well recently and over time.  I think it is a reasonable speculation that when this altcoin bubble bursts monero may benefit but it's a little tricky because monero is also an Alt... so I also think we have to consider the possibility that instead of going up it holds its value. In fact I think we may be seeing that now.

XMR is looking extremely good just now - we are holding up in the high $21.XX area.  A sea of red on Polo and as I type, a little green for us.   


https://monerobase.com/


legendary
Activity: 2604
Merit: 1748
April 10, 2017, 04:50:54 AM
i think when the big altcoins like dash or eth go down + bitcoin
monero gets its attention

I also am interested in this theory.  It does seem to hold fairly well recently and over time.  I think it is a reasonable speculation that when this altcoin bubble bursts monero may benefit but it's a little tricky because monero is also an Alt... so I also think we have to consider the possibility that instead of going up it holds its value. In fact I think we may be seeing that now.

XMR is looking extremely good just now - we are holding up in the high $21.XX area.  A sea of red on Polo and as I type, a little green for us.   

legendary
Activity: 1638
Merit: 1046
April 09, 2017, 06:49:18 PM
i think when the big altcoins like dash or eth go down + bitcoin
monero gets its attention
Hoping that it will happen. since there is no way to know what will be happen in the future.. if the price of other altcoin is getting low like those who trending altcoins before i think monero will burst increase just like before we don't know exactly when they will increase just like before honestly i forgot monero but  i am holding few monero in some trading site and notice that more people are mention about monero and now we see the price was increase ..
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