Author

Topic: [XMR] Monero Speculation - page 831. (Read 3314350 times)

hero member
Activity: 850
Merit: 1000
March 04, 2017, 09:15:10 PM
Guys, as a lot of the Dash people seem to sincerely believe that coinbase is gonna add them first Huh but I think around here we-all pretty much believe (more likely based on what Armstrong, Lee, etc have actually *said* lately, not to mention their actual POLL results) that it's going to be MONERO next up on their platform as the #3 crypto coin gonna be made available to the mass market... it's occurred to me today that maybe something ELSE may be in the works rather than just us or them being disappointed when this news finally comes.

Seems to me that IF maybe coinbase doesn't want to be seen as 'playing favorites' or engaging in any action that could be construed as 'manipulating the markets' maybe if they're seriously gonna add either Dash or XMR next, it might be that they kinda have to ADD BOTH OF THEM TOGETHER AT THE SAME TIME??

Picking one or the other right now, especially in light of recent events, has many pro/con aspects to either decision and seems to me there's no clear correct choice other than don't do either of them OR -- better -- just do 'em both at once!!

So, is that crazy thinking or does anyone else here see maybe this might be how it'd have to play out...?

As much as I think it would be bad for many reasons, I can see Dash being added if for no other reason than Coinbase would profit handily. They'd profit from Monero too, and Monero definitely has the better tech, but I think an exchange is looking at the number of users as the determining factor rather than the better tech since the number of users directly translates into profit per conversion (I know the Dash marketcap is highly inflated due to masternodes and number of users is less than what they say). Then there are the announcements that Dash is getting added to a major exchange (they're bought their way onto others, maybe this one too). And then there was the enormous bug bounty <--- the timing of that seems VERY telling to me, and the most logical reason I can think of is that the exchange wants more evidence of a very well-vetted codebase before they add the coin.

Maybe they'll add both Monero and Dash. Monero is the better candidate but I don't want to underestimate the power of hype and/or paying an exchange to be added. I hope Coinbase admins realize the near-pyramid scheme that it is and the rest of its problems. We'll see. But no matter what, Dash has nowhere near the privacy and fungibilty of Monero and that bodes very well for Monero long-term.
legendary
Activity: 2016
Merit: 1259
March 04, 2017, 07:40:57 PM

 Either way; popcorn


Oh yeah... LOL for sure on that

Thing here is, I dumped the little Dash that I'd held before -- just as a hedge -- awhile back (while simultaneously loading up on as much XMR as I could afford) so I'm a little snookered at the moment that I lost out on this recent DashPump.  But at the same time I'm *loathe* to buy back in again at this overinflated price... BUT on the other hand IF this is ALL going on, lately, in some kind of service to some upcoming epic coinbase-driven user-base expansion for BOTH COINS...Huh

In that case, it'd make sense to swallow my pride here and leave the emotions OUT of the investment decision, hold my nose and buy back the Dash that I sold off even at overinflated price, just to cover that possible base, i.e. if BOTH of 'em are about to go vertical...( Huh )

Or... nahhh... maybe better just HODL on to the stash of XMR I have already socked away and just enjoy the show, come what may...?  LOL

How's that Douche transaction count growth been over the last ~3 years?  A good, growing useful coin, is it?  Does it increase with each name change, or how does that work?  Buying near the top of a PUMP probably not the best idea.  The DUMP will come.  Wait for it...  I was thinking to short it, and it proceeded to double while I contemplated it lol.  Now I'm nervous to call the top.  Better to just keep my hands clean.  Don't play with poo.
hero member
Activity: 608
Merit: 509
March 04, 2017, 07:21:46 PM

 Either way; popcorn


Oh yeah... LOL for sure on that

Thing here is, I dumped the little Dash that I'd held before -- just as a hedge -- awhile back (while simultaneously loading up on as much XMR as I could afford) so I'm a little snookered at the moment that I lost out on this recent DashPump.  But at the same time I'm *loathe* to buy back in again at this overinflated price... BUT on the other hand IF this is ALL going on, lately, in some kind of service to some upcoming epic coinbase-driven user-base expansion for BOTH COINS...Huh

In that case, it'd make sense to swallow my pride here and leave the emotions OUT of the investment decision, hold my nose and buy back the Dash that I sold off even at overinflated price, just to cover that possible base, i.e. if BOTH of 'em are about to go vertical...( Huh )

Or... nahhh... maybe better just HODL on to the stash of XMR I have already socked away and just enjoy the show, come what may...?  LOL
legendary
Activity: 2016
Merit: 1259
March 04, 2017, 07:03:11 PM
Guys, as a lot of the Dash people seem to sincerely believe that coinbase is gonna add them first Huh but I think around here we-all pretty much believe (more likely based on what Armstrong, Lee, etc have actually *said* lately, not to mention their actual POLL results) that it's going to be MONERO next up on their platform as the #3 crypto coin gonna be made available to the mass market... it's occurred to me today that maybe something ELSE may be in the works rather than just us or them being disappointed when this news finally comes.

Seems to me that IF maybe coinbase doesn't want to be seen as 'playing favorites' or engaging in any action that could be construed as 'manipulating the markets' maybe if they're seriously gonna add either Dash or XMR next, it might be that they kinda have to ADD BOTH OF THEM TOGETHER AT THE SAME TIME??

Picking one or the other right now, especially in light of recent events, has many pro/con aspects to either decision and seems to me there's no clear correct choice other than don't do either of them OR -- better -- just do 'em both at once!!

So, is that crazy thinking or does anyone else here see maybe this might be how it'd have to play out...?

To add douche coin would be to stick their spoon into a can of legal worms that no thinking entity would choose.   Mastermoneyservicesnodes et al, no thanks.

 Either way; popcorn
legendary
Activity: 2282
Merit: 1050
Monero Core Team
March 04, 2017, 07:02:27 PM
There is a lot about the sudden removal of 500 Dash masternodes (500,000 Dash) form the Dash masternode network on February 26, 2017, http://178.254.23.111/~pub/Dash/Dash_Info.html followed by the breakout in DASH/XBT and DASH/XMR on February 28,2017 https://poloniex.com/exchange#btc_dash and https://poloniex.com/exchange#xmr_dash that indicates that a very sizable leveraged long Dash position may well be behind the Dash breakout. The relevant question here is what are the likely candidates on the short side of this long Dash position. I would consider Monero for a number of reasons at the top of this list. These reasons range from consolidation in XMR/XBT after the 2016 highs, the recent lacklustre performance of Monero compared to other alt coins, Ethereum comes to mind here, to rivalry (animosity?) between the Monero and Dash communities. If my suspicions are correct and there is a sizable Monero short position that uses Dash as collateral the resulting Monero short squeeze could get very ugly, very fast, especially given the large amount of Dash that was pulled from the Dash masternode network. DASH/XMR is way more volatile than XMR/XBT, XMR/USD or XMR/EUR etc.

My take is that the risk of being short Monero or even to be lending Monero to the shorts at this time, may be extremely high.  
hero member
Activity: 768
Merit: 505
March 04, 2017, 06:57:37 PM
Guys, as a lot of the Dash people seem to sincerely believe that coinbase is gonna add them first Huh but I think around here we-all pretty much believe (more likely based on what Armstrong, Lee, etc have actually *said* lately, not to mention their actual POLL results) that it's going to be MONERO next up on their platform as the #3 crypto coin gonna be made available to the mass market... it's occurred to me today that maybe something ELSE may be in the works rather than just us or them being disappointed when this news finally comes.

Seems to me that IF maybe coinbase doesn't want to be seen as 'playing favorites' or engaging in any action that could be construed as 'manipulating the markets' maybe if they're seriously gonna add either Dash or XMR next, it might be that they kinda have to ADD BOTH OF THEM TOGETHER AT THE SAME TIME??

Picking one or the other right now, especially in light of recent events, has many pro/con aspects to either decision and seems to me there's no clear correct choice other than don't do either of them OR -- better -- just do 'em both at once!!

So, is that crazy thinking or does anyone else here see maybe this might be how it'd have to play out...?

people should not get their hopes to high, will only lead to markets acting more than they should
legendary
Activity: 1512
Merit: 1246
March 04, 2017, 06:54:29 PM
Guys, as a lot of the Dash people seem to sincerely believe that coinbase is gonna add them first Huh but I think around here we-all pretty much believe (more likely based on what Armstrong, Lee, etc have actually *said* lately, not to mention their actual POLL results) that it's going to be MONERO next up on their platform as the #3 crypto coin gonna be made available to the mass market... it's occurred to me today that maybe something ELSE may be in the works rather than just us or them being disappointed when this news finally comes.

Seems to me that IF maybe coinbase doesn't want to be seen as 'playing favorites' or engaging in any action that could be construed as 'manipulating the markets' maybe if they're seriously gonna add either Dash or XMR next, it might be that they kinda have to ADD BOTH OF THEM TOGETHER AT THE SAME TIME??

Picking one or the other right now, especially in light of recent events, has many pro/con aspects to either decision and seems to me there's no clear correct choice other than don't do either of them OR -- better -- just do 'em both at once!!

So, is that crazy thinking or does anyone else here see maybe this might be how it'd have to play out...?

Anonymous currency on coinbase? Hmm, i don't think so. It's unreal.
hero member
Activity: 608
Merit: 509
March 04, 2017, 06:36:27 PM
Guys, as a lot of the Dash people seem to sincerely believe that coinbase is gonna add them first Huh but I think around here we-all pretty much believe (more likely based on what Armstrong, Lee, etc have actually *said* lately, not to mention their actual POLL results) that it's going to be MONERO next up on their platform as the #3 crypto coin gonna be made available to the mass market... it's occurred to me today that maybe something ELSE may be in the works rather than just us or them being disappointed when this news finally comes.

Seems to me that IF maybe coinbase doesn't want to be seen as 'playing favorites' or engaging in any action that could be construed as 'manipulating the markets' maybe if they're seriously gonna add either Dash or XMR next, it might be that they kinda have to ADD BOTH OF THEM TOGETHER AT THE SAME TIME??

Picking one or the other right now, especially in light of recent events, has many pro/con aspects to either decision and seems to me there's no clear correct choice other than don't do either of them OR -- better -- just do 'em both at once!!

So, is that crazy thinking or does anyone else here see maybe this might be how it'd have to play out...?
hero member
Activity: 850
Merit: 1000
March 04, 2017, 04:05:54 PM
XMR seems to be be sticking within the 10$-14$ range. Is this Monero maturing and stabilizing, or is it potentially going to begin a downward trend? I'd really hate to see Monero start losing value.

Nobody can say for sure, but I don't see how it could go on an extended downward trend. It may for a while, but this happens to nearly all cryptos. More people are learning about Monero every day as evidenced by new users here, reddit subscribers and posters, Stack Exchange Q&A's, hash rate, etc. New features are in the works such as the updated GUI, Kovri I2P, multisig, mobile wallets, etc. If anything the price is almost certain to go up over time.

Monero is already private and fungible and is by far the best implementation of those crucial aspects. So, for me, the price is secondary to the fundamental technology. Sure, I love it when the price goes up, but when it goes down, it's not such a big deal since 1. it's not mainly about the price and 2. it's almost certain to rise long term.

So, it's still a great time to buy.
sr. member
Activity: 504
Merit: 250
March 04, 2017, 03:40:41 PM
XMR seems to be be sticking within the 10$-14$ range. Is this Monero maturing and stabilizing, or is it potentially going to begin a downward trend? I'd really hate to see Monero start losing value.
full member
Activity: 186
Merit: 100
March 04, 2017, 01:52:46 PM
Guys don't forget not only to buy  Wink but also to mine this gold of ours. After the next 2-3 years the created coins will significantly decrease in number. There are about 5 millions coins in the next 2-3 years to be mined and after that for the next 50 years they will be like also 5 millions. So you might see that dash has almost twice less coins but they gonna make way more coins than monero in the next 20 years. Monero gonna create like 7 Millions, but Dash about 10 Millions. They both gonna have similar slowly progredient max supply after 30 years. Dash will have 18-20M coins, Monero - 22-24M.
hero member
Activity: 1874
Merit: 840
Keep what's important, and know who's your friend
March 03, 2017, 11:37:51 PM
Any body feel like throwing a couple romeritos on a March Madness bracket?

Join us over at the Monero Madness thread
legendary
Activity: 3178
Merit: 1119
March 03, 2017, 10:19:01 PM
....

It just sounds so ignorant coming from the people on these boards... I guess I am starting to get old.

I thought getting old would take longer.

It's weird how that shit happens outta nowhere.
Grin

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
March 03, 2017, 08:45:31 PM
And the time to buy (not 'pump' - don't use that word, please) was also yesterday - or any day from now on.

It remains hard for me coming from a stock market past to hear the words pump and dump used in a neutral or positive sense.

They are often unknowingly appropriately used in the concurrency scene as we are like pink sheets on steroids.

It just sounds so ignorant coming from the people on these boards... I guess I am starting to get old.

I thought getting old would take longer.

It's weird how that shit happens outta nowhere.
full member
Activity: 176
Merit: 108
March 03, 2017, 04:18:28 PM
This is a good article that should encourage us Monero supporters to continue promoting its success and counter the trend towards a "digital-fiat cashless" society:

https://aeon.co/essays/if-plastic-replaces-cash-much-that-is-good-will-be-lost
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
March 03, 2017, 03:16:11 PM
And the time to buy (not 'pump' - don't use that word, please) was also yesterday - or any day from now on.

It remains hard for me coming from a stock market past to hear the words pump and dump used in a neutral or positive sense.

They are often unknowingly appropriately used in the cryptocurrency scene as we are like pink sheets on steroids.

It just sounds so ignorant coming from the people on these boards... I guess I am starting to get old.
legendary
Activity: 2702
Merit: 2053
Free spirit
March 03, 2017, 03:05:35 PM
Thanks for the uncompliment. I like being priced in bitcoin when it rises ofc.

legendary
Activity: 1232
Merit: 1001
March 03, 2017, 01:04:24 PM
In crypto, everything happens so fast, remember the move in 2016 summer.  Wink
legendary
Activity: 2604
Merit: 1748
March 03, 2017, 01:00:06 PM
We are recovering a bit.

Back up to 0113



More than recovering if you look at it in terms of dollar/xmr. I find that to be somehow at least as relevant, especially lately when bitcoin was moving dollar/xmr was often very stable.

Agreed - no one seems to notice this.  We dipped under $12, now it's back to the upper $13.xx / $14 point.  In value terms it's a good sign. Smart money notices these things ;-)
full member
Activity: 200
Merit: 114
March 03, 2017, 10:10:39 AM
We are recovering a bit.

Back up to 0113



More than recovering if you look at it in terms of dollar/xmr. I find that to be somehow at least as relevant, especially lately when bitcoin was moving dollar/xmr was often very stable.
Jump to: