Author

Topic: [XMR] Monero Speculation - page 860. (Read 3314350 times)

legendary
Activity: 1484
Merit: 1029
January 23, 2017, 05:17:47 PM
it's been about a week now ( maybe more ) that i have missed the news in XMR.

i say i missed because i saw only now that is in 3rd position in poloniex and used to be 1st or 2nd.

So something must be out or something... we have a stable price of ~0.013 but in my opinion this should be double by now...

can somebody with simple words explain what happened ?

Weekends are slow on Poloniex lately. But no matter that Monero had this weekend lowest  volume in last 3 months.   Bitfinex and Kraken are tiny reasons for it.

We will see what will happen. I think lots of last months volume was because of BTC jumps and falls, where people was jumping from BTC to alts and back daily.

Maybe this is the calm before the storm, maybe we are om consolidation phase - seems to be the way with a lot of conis. I think XMR will do very well this year.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
January 23, 2017, 05:13:26 PM
it's been about a week now ( maybe more ) that i have missed the news in XMR.

i say i missed because i saw only now that is in 3rd position in poloniex and used to be 1st or 2nd.

So something must be out or something... we have a stable price of ~0.013 but in my opinion this should be double by now...

can somebody with simple words explain what happened ?

What happened is everyone like you that didn't make money fast enough bailed. Cheesy
newbie
Activity: 36
Merit: 0
January 23, 2017, 04:17:55 PM
it's been about a week now ( maybe more ) that i have missed the news in XMR.

i say i missed because i saw only now that is in 3rd position in poloniex and used to be 1st or 2nd.

So something must be out or something... we have a stable price of ~0.013 but in my opinion this should be double by now...

can somebody with simple words explain what happened ?

That's just a temporary change. It will be back in 1st in no time.
legendary
Activity: 2744
Merit: 1288
January 23, 2017, 02:08:21 PM
it's been about a week now ( maybe more ) that i have missed the news in XMR.

i say i missed because i saw only now that is in 3rd position in poloniex and used to be 1st or 2nd.

So something must be out or something... we have a stable price of ~0.013 but in my opinion this should be double by now...

can somebody with simple words explain what happened ?

Weekends are slow on Poloniex lately. But no matter that Monero had this weekend lowest  volume in last 3 months.   Bitfinex and Kraken are tiny reasons for it.

We will see what will happen. I think lots of last months volume was because of BTC jumps and falls, where people was jumping from BTC to alts and back daily.
newbie
Activity: 46
Merit: 0
January 23, 2017, 02:07:34 PM
it's been about a week now ( maybe more ) that i have missed the news in XMR.

i say i missed because i saw only now that is in 3rd position in poloniex and used to be 1st or 2nd.

So something must be out or something... we have a stable price of ~0.013 but in my opinion this should be double by now...

can somebody with simple words explain what happened ?

In your question you have the answer. Did something happen for it to go up?
legendary
Activity: 1124
Merit: 1000
13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X
January 23, 2017, 01:08:09 PM
it's been about a week now ( maybe more ) that i have missed the news in XMR.

i say i missed because i saw only now that is in 3rd position in poloniex and used to be 1st or 2nd.

So something must be out or something... we have a stable price of ~0.013 but in my opinion this should be double by now...

can somebody with simple words explain what happened ?
sr. member
Activity: 431
Merit: 251
January 23, 2017, 09:33:49 AM
I do not know anyone who respects Monero of its main weakness (lack of marketing).
Yes, Monero has been mentioned not only on crypto related media but also mainstream media.
The importance of marketing comes to play an important role when it comes to communicating Monero to the new people in laymen's language. Despite Amanda Johnson is a vocal Dark coin person I am not sure if people consider Dark coin as "Amanda Johnson coin"..  


There are different type of adaption:
1) Speculation (short term buying and selling)
2) Bagholding (consider Monero as an asset and want to accumulate it as much as possible)
3) Transactional (buying illegal stuff mainly right now)

When communicating, all these aspects should be taken account, they all have different mindset and thus the approach should be different. Let's approach the people from their own perspectives.


I think I know where you come from: I used to worry about Monero not having marketing early 2016 but then it got accepted by the DNM, price went up and slowly down (oasis exit scam, no GUI). I then got worried again that we should market Monero but then price gradually went up with the release GUI, kraken, bitfinex echange accepting Monero. What makes people want marketing is fear and uncertainty that prices will go way down but I am positive that how Monero is advancing right now is not the wrong path to go.

What I want to say is that I used to believe that marketing was a must for Monero to spread but I am slowly believing it is not as it is a decentralized/open source project which is gradually developing. We still have more features to come and because it is an open source project, having suddenly many newcomers could do more harm than good to it. We should help fluffy with the adoption and awareness as best as we can and get people to be involved with it not as a buy-once-then-dump-and-not-get-involved-with-XMR-forever coin.

I believe the way to go for Monero as a decentralized and open source project is to expand as the same rate it is developing. Deep down inside, we all know that Monero is great, different than Bitcoin and that it is not going to disappear suddenly. Chances of Monero being replaced by another cryptocurrency is very slim as they would have to have continuous development and most likely start from scratch like Monero if they wanted to replace it.


Great post. I always say ( since 2014 ), marketing is a cool thing but in the end it is selling something, a real good project DOES NOT need that, the project will speak for itself and people will see little by little. For the moment seems i was right as we got a DNM, Finex, Kraken and many more things propably to come.... all WITHOUT marketing budget... just the project and its community speaking for itself... demand comes not from sales pitching, but from real need.

@coinling https://github.com/monero-project/monero... there you can see the Donation Adress Smiley btw shouldnt that change for 2017 or did it already?

I couldn't disagree more on this.
You are saying in indirect manner that everybody who needs Monero will found it.
You are forgetting that the most people are not like you - they are average Joe's watching TV, drinking diet coke and eating processed food and when they go to pick up the daily mail they take a car/rollator to do so. Still, they might have a need for Monero.
Those people are going to find Monero only when they hear it from the sources they are following. Despite the project might speak for itself, the problem is that people who need it cannot hear the speech.

There are different ways how to get publicity... One way is to pump the price and people start discussing about Monero everywhere and even mainsteam media starts to pay attention to it and the community will grow.
The second approach is the way the Dark coin community does: They have hired "shills" to make sure people speak about it.

Ok, we might just see things different.

I think, if they are not interested in privacy etc. should not "force" them by marketing and manipulation to use such stuff. This is basically what all advertising tries to achieve. They manipulate people to follow their ideologic thinking or into buying their products.
I would rather hope monero takes a different approach there.

We need people who fully understand how money and decentral system work and then take this path voluntary and fully aware.
I don't want uneducated people use the system just for the sake of money. I would rather come to a point where the average Joe see's what's happening in the world and tries to find alternatives themselves.
And at some point they will. Either through sorrow or knowledge. I hope for the latter although it is unlikely.
legendary
Activity: 1806
Merit: 1164
January 22, 2017, 05:02:22 PM
btchip and fluffypony certainly know each other I would be surprised if Ledger did not come out with cold storage for Monero in the first half of this year.
newbie
Activity: 46
Merit: 0
January 22, 2017, 04:07:51 PM


I couldn't disagree more on this.
You are saying in indirect manner that everybody who needs Monero will found it.
You are forgetting that the most people are not like you - they are average Joe's watching TV, drinking diet coke and eating processed food and when they go to pick up the daily mail they take a car/rollator to do so. Still, they might have a need for Monero.
Those people are going to find Monero only when they hear it from the sources they are following. Despite the project might speak for itself, the problem is that people who need it cannot hear the speech.

There are different ways how to get publicity... One way is to pump the price and people start discussing about Monero everywhere and even mainsteam media starts to pay attention to it and the community will grow.
The second approach is the way the Dark coin community does: They have hired "shills" to make sure people speak about it.

What will people do when they find out that Monero has no hardware wallet and have to go through what I, as initially an average joe, found extremely annoying to make my XMR safe? Do you think they will be true holders when they know that they have to go through many steps in order to have their XMR secure? Probably not in my opinion, they just will buy then sell. That will not help for the development of Monero and its long term success. I would be glad to have some kind of marketing when there is more simple ways for people to have their XMR secured.

I've talked to my friends about it and one that believed me even has trouble running the GUI... Which is not even the safest way to store. Is now really the time to try to market an open source project in its infancy? I'd personally think waiting for official GUI release and a hardware wallet before trying to spread it through marketing like you say.

There is no pressing need for monero to truly go through marketing and that tells me that you are just being worried about the short-term price. Bitcoin is having problems and their solution is clearly Monero. No coin come close to Monero and it has been proven many times by the recent success of Monero compared to the other coins you fear. Just let time take matters in hand I'd say.
legendary
Activity: 1092
Merit: 1000
January 22, 2017, 03:24:18 PM
I do not know anyone who respects Monero of its main weakness (lack of marketing).
Yes, Monero has been mentioned not only on crypto related media but also mainstream media.
The importance of marketing comes to play an important role when it comes to communicating Monero to the new people in laymen's language. Despite Amanda Johnson is a vocal Dark coin person I am not sure if people consider Dark coin as "Amanda Johnson coin"..  


There are different type of adaption:
1) Speculation (short term buying and selling)
2) Bagholding (consider Monero as an asset and want to accumulate it as much as possible)
3) Transactional (buying illegal stuff mainly right now)

When communicating, all these aspects should be taken account, they all have different mindset and thus the approach should be different. Let's approach the people from their own perspectives.


I think I know where you come from: I used to worry about Monero not having marketing early 2016 but then it got accepted by the DNM, price went up and slowly down (oasis exit scam, no GUI). I then got worried again that we should market Monero but then price gradually went up with the release GUI, kraken, bitfinex echange accepting Monero. What makes people want marketing is fear and uncertainty that prices will go way down but I am positive that how Monero is advancing right now is not the wrong path to go.

What I want to say is that I used to believe that marketing was a must for Monero to spread but I am slowly believing it is not as it is a decentralized/open source project which is gradually developing. We still have more features to come and because it is an open source project, having suddenly many newcomers could do more harm than good to it. We should help fluffy with the adoption and awareness as best as we can and get people to be involved with it not as a buy-once-then-dump-and-not-get-involved-with-XMR-forever coin.

I believe the way to go for Monero as a decentralized and open source project is to expand as the same rate it is developing. Deep down inside, we all know that Monero is great, different than Bitcoin and that it is not going to disappear suddenly. Chances of Monero being replaced by another cryptocurrency is very slim as they would have to have continuous development and most likely start from scratch like Monero if they wanted to replace it.


Great post. I always say ( since 2014 ), marketing is a cool thing but in the end it is selling something, a real good project DOES NOT need that, the project will speak for itself and people will see little by little. For the moment seems i was right as we got a DNM, Finex, Kraken and many more things propably to come.... all WITHOUT marketing budget... just the project and its community speaking for itself... demand comes not from sales pitching, but from real need.

@coinling https://github.com/monero-project/monero... there you can see the Donation Adress Smiley btw shouldnt that change for 2017 or did it already?

I couldn't disagree more on this.
You are saying in indirect manner that everybody who needs Monero will found it.
You are forgetting that the most people are not like you - they are average Joe's watching TV, drinking diet coke and eating processed food and when they go to pick up the daily mail they take a car/rollator to do so. Still, they might have a need for Monero.
Those people are going to find Monero only when they hear it from the sources they are following. Despite the project might speak for itself, the problem is that people who need it cannot hear the speech.

There are different ways how to get publicity... One way is to pump the price and people start discussing about Monero everywhere and even mainsteam media starts to pay attention to it and the community will grow.
The second approach is the way the Dark coin community does: They have hired "shills" to make sure people speak about it.

Druggies will find it first, then the media will flip out and it'll be Bitcoin 2013 all over again. Dash's advertising seems like corporate LARPing to me, I doubt its very effective or they'd be beating us.

I hope you are right.
legendary
Activity: 2016
Merit: 1259
January 22, 2017, 03:19:44 PM

There are different type of adaption:
1) Speculation (short term buying and selling)
2) Bagholding (consider Monero as an asset and want to accumulate it as much as possible)
3) Transactional (buying illegal stuff mainly right now)


I think there's a 4th basic category of user adoption, which has not gotten very large yet *but* IMHO could potentially become the biggest one of all.

Let's call them...

4) The FungibiliFreaks  Grin

These would be bitcoin users who have been bitten by BTC's lack of true fungibility, i.e. people who have had a coinbase account closed on them due to 'tainted' coins coming into their wallet from 4+ hops earlier, etc., even if they themselves never did anything questionable at all.  Stuff like this that we all *know* is going to be impacting BTC adoption and actual real-world *use* more and more over time, especially as the so-called "chainalysis" gets stronger.

Personally, I am not doing it yet, myself, but more and more I feel like I may be turning into a FungibiliFreak, LOL  Grin

What I mean by this is: lately I've been thinking that the best way to manage all my crypto-currency use the BEST way, is gonna be to simply keep nearly all of it in Monero, at first, and only quickly "flip over" some XMR, to BITCOIN, whenever I need it to be spendable... something like that.  And then, when buying-back the BTC I've spent, before ever *using* it, I'd always FIRST put it BACK into the MONERO stash!

Doing things this way, basically means XMR's fungibility is front-and-center, making all my crypto use "as good as cash", since any Bitcoin in my wallet was always first acquired "clean" from an untrackable Monero source (even if it's just a few dollar's worth, quickly and simply on Poloniex or thru ShapeShift).

This would mean BTC only, small amounts, kept in a daily-use spendable wallet, but my REAL WEALTH stored in "bulk", long-term, safely, quietly, and privately in MONERO.

What do you guys think...?  Anyone else feel like they may be turning into a FungibiliFreak...?  OR maybe you already *know* you ARE one?? LOL



I admit to fungibilitiphilia. Not quite as far gone as you, but heading there.

  I determined that BTC was not what I wanted it to be, nor going where I wanted it to go a long time ago.  The Monero road map suits me much, much better.  It has been amazing to  watch this project grow and mature.  All of the things that seemed fantastic in 2014 are being implemented, and exponential growth on all fronts seems to be happening!  Go Fungible Coin!

  IIRC Aminorex called $25 as a mode for 2017.  With the financial world changing and rocking faster and harder, I think this ends up being a very conservative number.  Starting the year over C$24 (Jan 4) was a great start in my book.  A year will tell  Lips sealed
legendary
Activity: 1092
Merit: 1000
January 22, 2017, 01:51:03 PM
Good to see some monero speculation here. Are there transactions that monero accepted already like bitcoin?

Saw this a few days ago. Seller offered a discount for Monero, but sold for USD via P@ypal in the end.

http://forums.watchuseek.com/f29/seiko-skx007-iconic-diver-classic-3953418.html

"I have received queries about Monero. Here's a link to HOURS and HOURS of fun reading on the subject. https://www.reddit.com/r/Monero/ TL/DR? It's a peer to peer cryptocurrency. Think of it as a vastly superior Bitcoin 2.0, with enhanced security and privacy features.

If you pay in Monero, it'll be fun! You'll learn a lot about the future of money. AND you will get get a substantial discount over the USD price of the watch. And I'll ship immediately. With paypal, you will have to wait until the payment clears. And pay a higher price. Which can be fun too. for me

Edit: Sold, for 111 USD. Will continue to offer watches for Monero. It's the better way!"

Maybe... it's happening?





If I knew I might have bought - but I would have offered only 6 XMR (you know, I am the stingy guy).  Tongue

High quality genuine wrist watches are cool but never pay what you are asked to pay.

Well, you would have lost then, I am guessing. Since he already offered a discount for Monero, and in the end, sold it for his asking price, in USD. Anyway, I'm going to keep an eye out to see if this idea gains traction. Might buy something, though I prefer Citizens and G-Shocks, myself.

Actually my first offer is -50 % from the asking but then I am "generous" and pay 75 % of the asking price.
Often I am not able to buy anything but whenever someone wants to sell I make a good deal.
If people start to selling good stuff in Moneros I am sure I am able to bargain something interesting.
Actually, things like this create value for the coin (most likely the seller is not going to dump Moneros any time soon but rather wait patiently once the price skyrockets and the buyer probably will replace the Moneros thus creating demand).
full member
Activity: 188
Merit: 100
January 22, 2017, 01:46:29 PM
Good to see some monero speculation here. Are there transactions that monero accepted already like bitcoin?

Saw this a few days ago. Seller offered a discount for Monero, but sold for USD via P@ypal in the end.

http://forums.watchuseek.com/f29/seiko-skx007-iconic-diver-classic-3953418.html

"I have received queries about Monero. Here's a link to HOURS and HOURS of fun reading on the subject. https://www.reddit.com/r/Monero/ TL/DR? It's a peer to peer cryptocurrency. Think of it as a vastly superior Bitcoin 2.0, with enhanced security and privacy features.

If you pay in Monero, it'll be fun! You'll learn a lot about the future of money. AND you will get get a substantial discount over the USD price of the watch. And I'll ship immediately. With paypal, you will have to wait until the payment clears. And pay a higher price. Which can be fun too. for me

Edit: Sold, for 111 USD. Will continue to offer watches for Monero. It's the better way!"

Maybe... it's happening?





If I knew I might have bought - but I would have offered only 6 XMR (you know, I am the stingy guy).  Tongue

High quality genuine wrist watches are cool but never pay what you are asked to pay.

Well, you would have lost then, I am guessing. Since he already offered a discount for Monero, and in the end, sold it for his asking price, in USD. Anyway, I'm going to keep an eye out to see if this idea gains traction. Might buy something, though I prefer Citizens and G-Shocks, myself.
legendary
Activity: 1092
Merit: 1000
January 22, 2017, 01:14:30 PM
Good to see some monero speculation here. Are there transactions that monero accepted already like bitcoin?

Saw this a few days ago. Seller offered a discount for Monero, but sold for USD via P@ypal in the end.

http://forums.watchuseek.com/f29/seiko-skx007-iconic-diver-classic-3953418.html

"I have received queries about Monero. Here's a link to HOURS and HOURS of fun reading on the subject. https://www.reddit.com/r/Monero/ TL/DR? It's a peer to peer cryptocurrency. Think of it as a vastly superior Bitcoin 2.0, with enhanced security and privacy features.

If you pay in Monero, it'll be fun! You'll learn a lot about the future of money. AND you will get get a substantial discount over the USD price of the watch. And I'll ship immediately. With paypal, you will have to wait until the payment clears. And pay a higher price. Which can be fun too. for me

Edit: Sold, for 111 USD. Will continue to offer watches for Monero. It's the better way!"

Maybe... it's happening?





If I knew I might have bought - but I would have offered only 6 XMR (you know, I am the stingy guy).  Tongue

High quality genuine wrist watches are cool but never pay what you are asked to pay.
pa
hero member
Activity: 528
Merit: 501
January 22, 2017, 01:03:25 PM

There are different type of adaption:
1) Speculation (short term buying and selling)
2) Bagholding (consider Monero as an asset and want to accumulate it as much as possible)
3) Transactional (buying illegal stuff mainly right now)


I think there's a 4th basic category of user adoption, which has not gotten very large yet *but* IMHO could potentially become the biggest one of all.

Let's call them...

4) The FungibiliFreaks  Grin

These would be bitcoin users who have been bitten by BTC's lack of true fungibility, i.e. people who have had a coinbase account closed on them due to 'tainted' coins coming into their wallet from 4+ hops earlier, etc., even if they themselves never did anything questionable at all.  Stuff like this that we all *know* is going to be impacting BTC adoption and actual real-world *use* more and more over time, especially as the so-called "chainalysis" gets stronger.

Personally, I am not doing it yet, myself, but more and more I feel like I may be turning into a FungibiliFreak, LOL  Grin

What I mean by this is: lately I've been thinking that the best way to manage all my crypto-currency use the BEST way, is gonna be to simply keep nearly all of it in Monero, at first, and only quickly "flip over" some XMR, to BITCOIN, whenever I need it to be spendable... something like that.  And then, when buying-back the BTC I've spent, before ever *using* it, I'd always FIRST put it BACK into the MONERO stash!

Doing things this way, basically means XMR's fungibility is front-and-center, making all my crypto use "as good as cash", since any Bitcoin in my wallet was always first acquired "clean" from an untrackable Monero source (even if it's just a few dollar's worth, quickly and simply on Poloniex or thru ShapeShift).

This would mean BTC only, small amounts, kept in a daily-use spendable wallet, but my REAL WEALTH stored in "bulk", long-term, safely, quietly, and privately in MONERO.

What do you guys think...?  Anyone else feel like they may be turning into a FungibiliFreak...?  OR maybe you already *know* you ARE one?? LOL



I admit to fungibilitiphilia. Not quite as far gone as you, but heading there.
legendary
Activity: 2604
Merit: 1748
January 22, 2017, 12:35:24 PM
Good to see some monero speculation here. Are there transactions that monero accepted already like bitcoin?

Saw this a few days ago. Seller offered a discount for Monero, but sold for USD via P@ypal in the end.

http://forums.watchuseek.com/f29/seiko-skx007-iconic-diver-classic-3953418.html

"I have received queries about Monero. Here's a link to HOURS and HOURS of fun reading on the subject. https://www.reddit.com/r/Monero/ TL/DR? It's a peer to peer cryptocurrency. Think of it as a vastly superior Bitcoin 2.0, with enhanced security and privacy features.

If you pay in Monero, it'll be fun! You'll learn a lot about the future of money. AND you will get get a substantial discount over the USD price of the watch. And I'll ship immediately. With paypal, you will have to wait until the payment clears. And pay a higher price. Which can be fun too. for me

Edit: Sold, for 111 USD. Will continue to offer watches for Monero. It's the better way!"

Maybe... it's happening?


Well, I just checked and MoneroBay.com (as well as Cryptobay.com) have already been registered.

But a (non-darkweb) Ebay type space accepting Monero would be rather good.  I am gagging to use Monero to buy stuff.
full member
Activity: 188
Merit: 100
January 22, 2017, 12:27:12 PM
Good to see some monero speculation here. Are there transactions that monero accepted already like bitcoin?

Saw this a few days ago. Seller offered a discount for Monero, but sold for USD via P@ypal in the end.

http://forums.watchuseek.com/f29/seiko-skx007-iconic-diver-classic-3953418.html

"I have received queries about Monero. Here's a link to HOURS and HOURS of fun reading on the subject. https://www.reddit.com/r/Monero/ TL/DR? It's a peer to peer cryptocurrency. Think of it as a vastly superior Bitcoin 2.0, with enhanced security and privacy features.

If you pay in Monero, it'll be fun! You'll learn a lot about the future of money. AND you will get get a substantial discount over the USD price of the watch. And I'll ship immediately. With paypal, you will have to wait until the payment clears. And pay a higher price. Which can be fun too. for me

Edit: Sold, for 111 USD. Will continue to offer watches for Monero. It's the better way!"

Maybe... it's happening?



sr. member
Activity: 1022
Merit: 256
January 22, 2017, 10:46:30 AM
Good to see some monero speculation here. Are there transactions that monero accepted already like bitcoin?
hero member
Activity: 608
Merit: 509
January 22, 2017, 10:44:33 AM

Wow. Precious stuff! This is the first time in all these years where a coin gets a BTC shill! Wow just wow. Monero is rattling some cages...



LOL, absolutely.  Such responses only means ("to me"... , my opinion) that Monero is totally on the right track  Cheesy




What would aminorex do?


He's still around online actually: or at least someone's been using his name posting on other sites like ZeroHedge (promoting Monero often in bitcoin related articles) but still for some reason has abandoned threads like this here on BitcoinTalk.  Maybe it's a protest against Theymos or something...

Hey IF you're reading this Aminorex, come back bro!  We miss you... LOL
legendary
Activity: 1092
Merit: 1000
January 22, 2017, 05:55:02 AM

I couldn't disagree more on this.
You are saying in indirect manner that everybody who needs Monero will found it.
You are forgetting that the most people are not like you - they are average Joe's watching TV, drinking diet coke and eating processed food and when they go to pick up the daily mail they take a car/rollator to do so. Still, they might have a need for Monero.
Those people are going to find Monero only when they hear it from the sources they are following. Despite the project might speak for itself, the problem is that people who need it cannot hear the speech.

There are different ways how to get publicity... One way is to pump the price and people start discussing about Monero everywhere and even mainsteam media starts to pay attention to it and the community will grow.
The second approach is the way the Dark coin community does: They have hired "shills" to make sure people speak about it.

Respectfully - paid shills is beneath Monero - so I disagree with this.  And we don't 'pump' Monero, it responds to market sentiment and news.

As for funding - whenever the devs have requested funding for development projects it has been funded pretty quickly by Monero supporters this far.

I am sure specific marketing efforts will be similarly received and supported in future, too. We are not exactly struggling in terms of what the devs have done to develop Monero. Anyone who bought more than a few months ago has seen an appreciation in their net worth because of it.

This cannot be said of most coins. And even the rise in BTC was not as good in 2016 as the rise in Monero.

Let's count our blessings, eh?




Partly true and partly untrue.

The true part: Responding to the sentiment and some news.
The untrue part: some news are already in the price so when the news come out, it will not rise in price. When ringCT was official the price was prefertably declining slowly rather than rising because it was expected thing to take place. In the same manner, I am not expecting kovri to have any impact on the price when it is actualized.

The news that Monero price responded were D.N.M. acceptance because it came all of sudden without pre-warning.
Kraken had very short term affect on the price as well as bitfinex.

2016 was very good for Monero - will 2017 be similar to Monero as well - that's the big question mark?
Chances are btc will reach ATH which might bring some extra demand for Monero as bitcoin maximalists start to diversifying. Let's hope they will not diversify into Dark coin though.
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