Topic: [XMR] Monero Speculation - page 834. (Read 3314350 times)

I am sure you will not make number of Monero transactions increase by huge % all alone.   People will do it, the ones that will find Monero interesting or useful. It will happen over time slowly. In upcoming months years maybe even decades.
My point was direct solution on your problem.  Let me repeat myself again. Only people using it more and transacting will move Moneros out of exchanges.   By teh way. I dotn see any problem people holding wast amount of Moneros on exchanges. That makes Monero cheaper for everyone to buy and gives them more chances that someone hack those Moneros away from them. They will learn a valuable lesson this way.

Coinbase has either already started integrating Monero and won't stop now or has never started. I doubt that they gonna change their mind in the middle of the coding.

Remember though that there are THREE possible ETF's in the pipeline, so seems to me if the Winki's don't get theirs approved as the first one to hit final deadline people who are speculating on hodling BTC due to ETF money won't necessarily immediately give up the quest.  Some will of course but IMHO if it was me I'd still sit tight and wait for 2nd or 3rd time's the charm.

It's for this reason I think there's big upside on approval but actually very little downside if the word on March 11th ends up being NO.  Almost something like a sure bet, LOL... either moon launch or just things stay the same or only drop a little.

All that's speculation on bitcoin however and this is the Monero thread -- my only worry lately on Dash's rise at the expense of XMR market cap position is if it might affect coinbase's decision on which altcoin to integrate next.  Before this DashPump (which I think is very overdone and unsustainable and will crash back to their proper place sub-$20 pretty soon) I was near certain that the next coinbase coin was gonna be MONERO but now I'm a little worried it might end up being stupid DASH....

Anyone else worried about that or am I needlessly concerned?  What do we think around here of the actual odds of XMR vs Dash vs "other" for being coinbase's pick?

So, BTC pops over 1200...

And all bets are off on our little fledgling of a run up.  For now.  Bit of a shame.

If the ETF fails, there will be more blood on the streets than expected I think - gonna lock in some BTC profits in case a fall comes in advance of the 11th.

No ETF with the blocksize issue still unresolved makes BTC at $1200 look overpriced.

The next two weeks will be... interesting.  There will be winners and losers whichever way the ETF goes.

Yes, except Dash has minimal 'real' transactions - the miners and nodes churn it to make it look good, but so few real transactions take place it is relatively untested.

I think the liquidity is part of the issue - fewer Dash are available (partly Masternode issue) so it's simply an easier pump than Monero and dash and it's cabal of whales and nodes have the incentive and the money to help that along.  The amount of BTC on the buy side of the XMR chart on Polo could buy ALL the Dash on Polo nearly three times over - even at it's present price.

I don't think smart money is impressed with a pretty, hired face to make videos.  Also, Evan is untrustworthy.  Makes no sense to look to Dash to be the main silver to BTC's gold.

People are indeed looking for what to jump to, that is certain, but that it is Dash is in no way certain - on the contrary.

Why do you insinuate such a bad use of monero? You just said you don't use cryptocoins for anything and it the same time insinuate that XMR is being used only for bad things. WTF dude? Go buy a lollipop with dash or btc then. Go pay at least your internet with them. Lets see that.

Please do not direct the question to the funding issues.....

I love to make transactions with XMR myself but I am not aware of any place I can pay with Moneros on stuff I need/want. I am not using drugs and not interested in child pornography.


Even bitcoins I am not using but simply storing for the future.

I certainly hope you are right here. I love to see Monero rising and Dark coin dropping like a rock to the bottomless pit to the abomination of desolation.

Bitcoin has by the way ongoing marketing hype even more than Dark coin.
Sure bitcoin has no masternodes but the number of bitcoins in the exchanges are smaller than the number of Moneros on Poloniex.
Monero has soon 3rd anniversary and still Monero economy is not vibrant and people are obviously not hoarding Moneros like crazy (as it can be seen on the exchange).
---

Shoulda woulda will not help I know unless one do not learn from the past mistakes and when the next round comes, act in the correct manner. I am hopeful there will be a buying opportunity for Dark coin coming in the future also.

35USD is a pretty high level for FOMO money. 

Looks to me like educated money is looking for an alternative to BTC in the event of an ETF or blocksize crash in BTC price, or is looking for a toehold in the "silver altcoin" which might grow as bitcoin use wains due to transaction fees/delays.

Educated money might be seeing something in XMR's marketcap competitors that XMR doesn't offer.  Unbloated blockchain?  Real world use? 

Actually we went below $12, but now we are back up to nudging $13, which looks good.  We still need to see volume on Polo up from here though, and buy side needs to be towards 3K BTC, it's gone up in the past few hours to a healthier level, but we are a third of the D-coin's volume and a long way under its market cap (yes, I have been watching and it's not much fun).

D*** cannot keep it up forever, though - there will be tears and a fall.  

Today's daily candle must be green, and then, I think we bottomed locally at 0.00922 - next targets 0.01168, then 0.0124.

Dare I say 'the next 24 hours are c....'  Actually, no, I won't Other factors weigh heavily:
  
So many are waiting for ETF news and watching how far D*** can go before it's time to bale out.  I am surprised DCrash has not happened yet, the overheating is obvious now - FOMO always ends in tears.

As for BTC - I think bailing out (if ETF is to fail) will come before the 11th (which is a Saturday, anyway)

EDIT:  number slip

Though XMR/BTC went lower, it did maintain it's fiat value around $12-$13.
I'm about to feel jealous at the premine coin, sorry I mean Dash, for hitting the 3rd place (in market cap.) 

Anyway, Monero is back on track.

Volume up, buy side strengthening, 0.0107 breached convincingly, MA crossover up to the 4hr.

Daily crossover is a little way off yet, but I have a feeling we will see the second green candle in a row for the first time in a couple of weeks.  My hunch (based upon a smidgen of TA and tea leaves) is we are seeing a turn in direction: Up.

Who sold at the bottom?

First leg up complete.

Now money in BTC needs to look where to go if the ETF is not approved, there will be a flight, probably before the 11th, if the smart money thinks it's a 'no'.

Monero is oversold and under historic volume levels, I don't think nervous money worried about a BTC ETF dip will be looking at Dash, it's way overbought.  I think some of the money must have its finger hovering over the trigger while it is pointed at XMR.

But then I really shouldn't speculate, should I

Woulda, coulda, shoulda,...WCS

Now go start a market hype campaign with your own funds.

Thanks 

And to that point Bitcoin also has NO masternodes and no ongoing marketing hype like DASH.

Seems to be stable for a while here. I don't think it would dip down again at this point, right? Speculation is only up, and the transaction volumes are increasing.

Dash sure is on the rise, definitely makes me think Monero is gonna have it's chance soon.

The February breakout was looking like not happening, but.... maybe you called that just right, Sir - a little spike as I type...

Here's hoping this one breaks 0.0107 and sets us back on our path...

If?  Nope.  When...