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Topic: [XMR] Monero Speculation - page 827. (Read 3314350 times)

legendary
Activity: 2744
Merit: 1288
March 10, 2017, 06:15:12 PM
About Bitcoin now nothing will happen before 15th March until National People's Congress finish.   Chinese exchanges needs to allow withdrawals to again start pushing price of BTC up.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
March 10, 2017, 05:59:31 PM
What's gonna happen now that ETF declined?

I mean in theory, if BTC drops then the xmr/btc price would go up because to get the same USD amount would require more btc.

But if they are both dropping then that sucks.

Seems like we are holding that $13 or so point. But we will have to wait for everyone to hear the news.

Bitcoin will need to trade on its fundamentals again rather than than hype over the listing of this ETP. I have read the SEC rejection https://www.sec.gov/rules/sro/batsbzx/2017/34-80206.pdf and it does make some very valid points, regarding the potential for manipulation of the XBT/USD exchange rate. This can to a significant extent be traced to the fact that the majority of the Bitcoin hashrate is behind the Great Firewall of China.

Edit: ... and China's CNY exchange controls.
legendary
Activity: 2016
Merit: 1259
March 10, 2017, 05:54:15 PM
What's gonna happen now that ETF declined?

I mean in theory, if BTC drops then the xmr/btc price would go up because to get the same USD amount would require more btc.

But if they are both dropping then that sucks.

Seems like we are holding that $13 or so point. But we will have to wait for everyone to hear the news.

Large margin positions now settled, climax is past, IMO.  Not to say there's no more excitement to come (this IS crypto). 
newbie
Activity: 23
Merit: 0
March 10, 2017, 05:27:16 PM
What's gonna happen now that ETF declined?

I mean in theory, if BTC drops then the xmr/btc price would go up because to get the same USD amount would require more btc.

But if they are both dropping then that sucks.

Seems like we are holding that $13 or so point. But we will have to wait for everyone to hear the news.
legendary
Activity: 981
Merit: 1005
No maps for these territories
March 10, 2017, 05:04:05 PM
Well, it seems now we know the result of the ETF.

Or is the BTC seller is just a headless chicken running naked to nowhere?
hero member
Activity: 714
Merit: 504
March 10, 2017, 04:58:34 PM
legendary
Activity: 2016
Merit: 1259
March 10, 2017, 04:50:24 PM
Over 100,000 XMR in half an hour. Short squeeze?

Yep.  Looks like lots of cheap loan coins available again.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
March 10, 2017, 04:41:49 PM
Over 100,000 XMR in half an hour. Short squeeze?
legendary
Activity: 2016
Merit: 1259
March 10, 2017, 04:16:55 PM
Well.  That escalated quickly.

add:

poloniex

BUY ORDERS Total: 3170.50318286 BTC

up from sub 1000 earlier today  Grin
legendary
Activity: 2604
Merit: 1748
March 10, 2017, 04:07:42 AM
BTW, why they pump Dark coin?   Undecided

Stop asking that question here... move over the the Darkcoin Threads



Nice one, nano.  Succinct as always.  You been ok?  Not seen you post lately.
legendary
Activity: 2604
Merit: 1748
March 10, 2017, 04:03:27 AM
If we want to bring Monero to the eyes of the investors with serious money it need to be introduced to them.
Everyone that feels like he want to contribute to this can do so by suggesting Monero to Your local bankers as an asset class in form of a fund.
Bitcoin is introduced as a digital gold bullion but also Monero can fit into the same role (despite the supply of Monero is infinite unlike the supply of gold/bitcoin).

Have you suggested monero to your local bankers?

If so, what was the response?

If not, why haven't you?

I send an email to local one, not yet answer. I do not hold my breath they will start one because I asked. However, there is such a thing as repetition. The more there are people asking the more likely something is going to happen.

How disappointing.

And here I thought you were serious.

Why send an email when you can visit your local bankers and speak with them directly....even if it is just the branch manager?

Because he he neither understands, nor truly believes in Monero, he is just a speculator who has made some money off it, but is pissed off it's not still appreciating at 2,500% a year.

Besides, if there was anyone worth talking to who was prepared to talk to him, would you really want him representing Monero?

His posts are peppered with 'let's pump' and 'illegal uses / darknet' and 'why are we not doing what D*** is?'

With friends like this....
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
March 09, 2017, 11:19:06 PM
If we want to bring Monero to the eyes of the investors with serious money it need to be introduced to them.
Everyone that feels like he want to contribute to this can do so by suggesting Monero to Your local bankers as an asset class in form of a fund.
Bitcoin is introduced as a digital gold bullion but also Monero can fit into the same role (despite the supply of Monero is infinite unlike the supply of gold/bitcoin).

Have you suggested monero to your local bankers?

If so, what was the response?

If not, why haven't you?

I send an email to local one, not yet answer. I do not hold my breath they will start one because I asked. However, there is such a thing as repetition. The more there are people asking the more likely something is going to happen.

How disappointing.

And here I thought you were serious.

Why send an email when you can visit your local bankers and speak with them directly....even if it is just the branch manager?
legendary
Activity: 3570
Merit: 1959
March 09, 2017, 09:27:25 PM
Smart guy right there ^^^^^ Wink  Good luck, and totally serious! Cheesy
full member
Activity: 154
Merit: 100
March 09, 2017, 09:24:27 PM
The RSI on the hourly got down below 30 (poloniex), and there still wasn't much of a bounce. Im still buying whenever XMR touches $12.00 ish range. I am new to this thread and I am glad I finally found it!!! Feels like a blessing, i have been doing so much research regarding monero in the last couple of weeks.

https://lab.getmonero.org/pubs/MRL-0005.pdf I hope that ring signatures bring us too the moon!


https://people.xiph.org/~greg/confidential_values.txt


Whoever is working on this coin currently or whatever is doing god's work right now, lol. and yes i donateed to monero team
legendary
Activity: 1008
Merit: 1000
Dumb broad
March 09, 2017, 09:17:33 PM
BTW, why they pump Dark coin?   Undecided

Stop asking that question here... move over the the Darkcoin Threads

sr. member
Activity: 490
Merit: 266
March 09, 2017, 09:03:24 PM


Blackcube = Zcash.

No doubt the "Boston Bombing" was one of their "Tailor-made solutions based on high-quality intelligence"
sr. member
Activity: 504
Merit: 250
March 09, 2017, 08:50:27 PM
Aren't you worried it becomes impossible to compete with darkcoin for the 1st place among anonymous coins?

No. D is no competition to Monero. Everybody in here knows that, you as well. Think longterm, be patient, stop trolling. Thanks.

It is a direct competitor to Monero (pretty much the only relevant one).
The fact that there is a premine is not an argument that it is not a competition... Etherium is not Monero's competitor (at least in direct way).
According to the charts the triangle should be closed in around 2 weeks or so and after it there is time for some major action (up or down - the tea leafs are not telling the direction to me).
Right now it looks like Dark coin has taken a premium against Monero so let's see if we can catch it and go beyond Darkcoin.

As much as I feel that DASH is a competitor to Monero, XMR seems more focused on privacy where DASH seems to be more of an unspecialized coin (like Litecoin) ever since it changed from Darkcoin to DASH and more focused on mass adoption. As much as XMR users hate DASH and vice versa I hope they both do well and I think they could easily coexist and will cater to different markets.
hero member
Activity: 714
Merit: 504
March 09, 2017, 08:23:22 PM


Blackcube = Zcash.
hero member
Activity: 493
Merit: 551
March 09, 2017, 07:25:32 PM
Monero is a fungible and privacy focused cryptocurrency. DASH is nothing, but a modern Ponzi scheme, based on a BTC-protocol with centralized mixers.

So no, XMR and DASH have no relationship and are not competitors. A DASH competitor is maybe pot coin.  Grin

Usually after each DASH pump we could see DASH going brutally down and XMR getting strong pumped.
I guess it is just some big DASH holders cashing out each time and moving their money from DASH to XMR.
legendary
Activity: 1092
Merit: 1000
March 09, 2017, 04:25:34 PM
Gold is scarce and has a finite supply.

No it doesn't. Gold mining is a competitive market, and eventually it will be less expensive to mine from space than to mine from the ground. And after that it will become less expensive to simply "create" gold than to mine it at all. Rest assured, the gold supply will never stop expanding.

Nice speculation... We will see what happens with that. I am slightly sceptic but I might be wrong also.
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