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Topic: [XMR] Monero Speculation - page 864. (Read 3314350 times)

sr. member
Activity: 453
Merit: 500
hello world
January 18, 2017, 01:16:34 PM
Coinbase support would be huge.
I sold everything I own besides Factom and bought back into Monero a few days ago.
These are two of the projects I think have good long term investment potential, personally.


after the fluffy vid and the way he handled the compliance questions it will only be a matter of time, Jaxx and the latest fiat ramps in - it will cause a massive bloodbath for any shorters. 3-5 X price in a bubble

Speaking about shorters, there is very little Moneros available on the lending markets. There are at least two possible reasons for that: 1) GUI has attracted the coins from lending markets (the opportunity cost of withdrawal is the lost interest payments) 2) massive amounts of shorts are being opened.
Also it could be both options.

I recall very well seeing 250 000 or so Moneros available for borrowers. Today barely over 100 000 XMR.

the GUI has not a big effect, since those people dont own a lot of coins anyway (and therefore are no meaningful power in the lending market).

even to the occasional market observer it should be obvious that there are tons of shorts open right now.

...And the market is performing an attack on them.



Also nice hammer on the 3d candle (gj bull bros).

ccmf  Grin
legendary
Activity: 2702
Merit: 2053
Free spirit
hero member
Activity: 608
Merit: 509
January 18, 2017, 12:50:21 PM

I don't see why his post would be desperation. Coinbase accepting XMR would be huge and what he said was true about coinbase liking fluffy's presentation and XMR winning the poll about coinbase adding Monero. Still speculation but there are signs that it is more leaning towards it happening than not.


LOL exactly, Luxo... his calling my post desperation is itself, *his* OWN desperation  Grin

Pot? Meet kettle... what color are you? LOL
newbie
Activity: 46
Merit: 0
January 18, 2017, 12:46:35 PM

I can smell...desperation.


LOL nice try troll... but, nope not hardly.

Go back and look at my history here: my basis price for the first XMR I bought 'way back in the olden days is a whopping... $0.70

Seventy-Whole-Cents I have at risk for each XMR in my hot little hands these days, whoop dee doo

I'm personally LONG PAST CARING if the daily price goes up or down a dollar or two.  Hell even if it ever "crashed" back to "only" five bucks I'd probably sell the house, sell the dog, sell the wife just to Back Up The Truck and buy MOAR XMR.

Unlike you I'm just a simple HODL'er who kinda-sorta actually understands the long-term impact of this *technology*... not a day-trader *cough* gambler *cough* probably like you.  

So, yeah... no... uh huh, good luck with that LOL
Sure, buddy. I believe you. Wink

I don't see why his post would be desperation. Coinbase accepting XMR would be huge and what he said was true about coinbase liking fluffy's presentation and XMR winning the poll about coinbase adding Monero. Still speculation but there are signs that it is more leaning towards it happening than not.
legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
January 18, 2017, 12:29:29 PM
legendary
Activity: 910
Merit: 1000
January 18, 2017, 12:02:41 PM

I can smell...desperation.


LOL nice try troll... but, nope not hardly.

Go back and look at my history here: my basis price for the first XMR I bought 'way back in the olden days is a whopping... $0.70

Seventy-Whole-Cents I have at risk for each XMR in my hot little hands these days, whoop dee doo

I'm personally LONG PAST CARING if the daily price goes up or down a dollar or two.  Hell even if it ever "crashed" back to "only" five bucks I'd probably sell the house, sell the dog, sell the wife just to Back Up The Truck and buy MOAR XMR.

Unlike you I'm just a simple HODL'er who kinda-sorta actually understands the long-term impact of this *technology*... not a day-trader *cough* gambler *cough* probably like you.  

So, yeah... no... uh huh, good luck with that LOL
Sure, buddy. I believe you. Wink
hero member
Activity: 608
Merit: 509
January 18, 2017, 11:18:08 AM

I can smell...desperation.


LOL nice try troll... but, nope not hardly.

Go back and look at my history here: my basis price for the first XMR I bought 'way back in the olden days is a whopping... $0.70

Seventy-Whole-Cents I have at risk for each XMR in my hot little hands these days, whoop dee doo

I'm personally LONG PAST CARING if the daily price goes up or down a dollar or two.  Hell even if it ever "crashed" back to "only" five bucks I'd probably sell the house, sell the dog, sell the wife just to Back Up The Truck and buy MOAR XMR.

Unlike you I'm just a simple HODL'er who kinda-sorta actually understands the long-term impact of this *technology*... not a day-trader *cough* gambler *cough* probably like you. 

So, yeah... no... uh huh, good luck with that LOL
legendary
Activity: 910
Merit: 1000
January 18, 2017, 10:58:44 AM

So, someone just stated in the Polo trollbox that CoinBase had announce Monero support which has started a nice little uptick in pricing.  I can't find any evidence to prove it so, I'm sure it was someone just talking their book. ...

Anyway, the question I have is if/when they do add USD/XMR pair how many Monero will they have to have on hand in inventory to even start trading?  I would think it would be substantial, so shouldn't we expect that they are looking to accumulate now or at least soon if they haven't already started?

Thoughts?
 

At this point, it's hard to believe how quickly and massively the "stars have aligned" for XMR on this, in just the last couple months.

I'd say the vast majority of even well-intentioned Monero users (and crypto people who are only just "kinda aware" of Monero) are still probably TOTALLY CLUELESS THAT THIS IS COMING SOON.

I'd guess that this is *massively* NOT YET priced-in, at all... not by a long shot.

Probably gonna be a huge surprise when it hits, too...  Grin

I can smell...desperation.
Maybe marketing like Dash.
Don't go there.
sr. member
Activity: 358
Merit: 250
January 18, 2017, 10:55:57 AM

So, someone just stated in the Polo trollbox that CoinBase had announce Monero support which has started a nice little uptick in pricing.  I can't find any evidence to prove it so, I'm sure it was someone just talking their book. ...

Anyway, the question I have is if/when they do add USD/XMR pair how many Monero will they have to have on hand in inventory to even start trading?  I would think it would be substantial, so shouldn't we expect that they are looking to accumulate now or at least soon if they haven't already started?

Thoughts?
 

At this point, it's hard to believe how quickly and massively the "stars have aligned" for XMR on this, in just the last couple months.

I'd say the vast majority of even well-intentioned Monero users (and crypto people who are only just "kinda aware" of Monero) are still probably TOTALLY CLUELESS THAT THIS IS COMING SOON.

I'd guess that this is *massively* NOT YET priced-in, at all... not by a long shot.

Probably gonna be a huge surprise when it hits, too...  Grin

I can smell...desperation.

All priced in. What we need is adoption. Maybe marketing like Dash.

Otherwise: Just wait.

legendary
Activity: 910
Merit: 1000
January 18, 2017, 10:38:22 AM

So, someone just stated in the Polo trollbox that CoinBase had announce Monero support which has started a nice little uptick in pricing.  I can't find any evidence to prove it so, I'm sure it was someone just talking their book. ...

Anyway, the question I have is if/when they do add USD/XMR pair how many Monero will they have to have on hand in inventory to even start trading?  I would think it would be substantial, so shouldn't we expect that they are looking to accumulate now or at least soon if they haven't already started?

Thoughts?
 

It's definitely happening, not just trollbox book-talking.

It's been heating up for a while now actually: I remember 'way back when the IRS/coinbase shit first started happening I posted somewhere that it'd serve the feds right if coinbase switched to Monero -- and at that point such a thing was more or less a total fantasy, LOL, "never gonna happen in a million years" kinda speculation talk.

This was just a couple months ago.

But then, shit started happening for real: Fluffy was invited to make a presentation to coinbase, Jaxx adding XMR got more serious, clear outta the blue XMR was added to Kraken, then after Fluffy's presentation went *really* well coinbase flat out said they're gonna be adding more alts in the coming year, and they ran an online poll for *which* coin should be next, and Monero totally dominated the poll.

So at this point it really appears to be a foregone conclusion that coinbase pretty likely WILL be adding Monero to their service soon... I'd say better than 80%+ likely unless some really unexpected event happens in the next couple months to prevent it for some unexpected reason.

At this point, it's hard to believe how quickly and massively the "stars have aligned" for XMR on this, in just the last couple months.

I'd say the vast majority of even well-intentioned Monero users (and crypto people who are only just "kinda aware" of Monero) are still probably TOTALLY CLUELESS THAT THIS IS COMING SOON.

I'd guess that this is *massively* NOT YET priced-in, at all... not by a long shot.

Probably gonna be a huge surprise when it hits, too...  Grin

I can smell...desperation.
hero member
Activity: 608
Merit: 509
January 18, 2017, 10:20:00 AM

So, someone just stated in the Polo trollbox that CoinBase had announce Monero support which has started a nice little uptick in pricing.  I can't find any evidence to prove it so, I'm sure it was someone just talking their book. ...

Anyway, the question I have is if/when they do add USD/XMR pair how many Monero will they have to have on hand in inventory to even start trading?  I would think it would be substantial, so shouldn't we expect that they are looking to accumulate now or at least soon if they haven't already started?

Thoughts?
 

It's definitely happening, not just trollbox book-talking.

It's been heating up for a while now actually: I remember 'way back when the IRS/coinbase shit first started happening I posted somewhere that it'd serve the feds right if coinbase switched to Monero -- and at that point such a thing was more or less a total fantasy, LOL, "never gonna happen in a million years" kinda speculation talk.

This was just a couple months ago.

But then, shit started happening for real: Fluffy was invited to make a presentation to coinbase, Jaxx adding XMR got more serious, clear outta the blue XMR was added to Kraken, then after Fluffy's presentation went *really* well coinbase flat out said they're gonna be adding more alts in the coming year, and they ran an online poll for *which* coin should be next, and Monero totally dominated the poll.

So at this point it really appears to be a foregone conclusion that coinbase pretty likely WILL be adding Monero to their service soon... I'd say better than 80%+ likely unless some really unexpected event happens in the next couple months to prevent it for some unexpected reason.

At this point, it's hard to believe how quickly and massively the "stars have aligned" for XMR on this, in just the last couple months.

I'd say the vast majority of even well-intentioned Monero users (and crypto people who are only just "kinda aware" of Monero) are still probably TOTALLY CLUELESS THAT THIS IS COMING SOON.

I'd guess that this is *massively* NOT YET priced-in, at all... not by a long shot.

Probably gonna be a huge surprise when it hits, too...  Grin
legendary
Activity: 1092
Merit: 1000
January 18, 2017, 10:14:38 AM
Coinbase support would be huge.
I sold everything I own besides Factom and bought back into Monero a few days ago.
These are two of the projects I think have good long term investment potential, personally.


after the fluffy vid and the way he handled the compliance questions it will only be a matter of time, Jaxx and the latest fiat ramps in - it will cause a massive bloodbath for any shorters. 3-5 X price in a bubble

Speaking about shorters, there is very little Moneros available on the lending markets. There are at least two possible reasons for that: 1) GUI has attracted the coins from lending markets (the opportunity cost of withdrawal is the lost interest payments) 2) massive amounts of shorts are being opened.
Also it could be both options.

I recall very well seeing 250 000 or so Moneros available for borrowers. Today barely over 100 000 XMR.
legendary
Activity: 2702
Merit: 2053
Free spirit
January 18, 2017, 09:53:08 AM
Thanks for the kind words Luxo.

Monero is doing its thing and holding on nicely.

2 thumbs up.

legendary
Activity: 910
Merit: 1000
January 18, 2017, 09:05:43 AM
Hello Monero people! How are you all today? Ok, I hope.. Smiley
legendary
Activity: 1008
Merit: 1000
Dumb broad
January 18, 2017, 12:49:35 AM
@LennyCarl - don't take any 'predictions' you see here as in any way accurate or reliable -- especially mine.  I try my best looking at the chart and using the TA knowledge I've picked up over the last 4 years of doing this.  But the landscape changes so quickly (the events coming out of China this last week or so is a good example) and crypto prices are hyper-sensitive to sentiment and/or news.

But be especially wary of those who use these tools and lay claim to expertise - they are really dangerous.

@Febo.  No, I meant USD.  Over the last month XMR smashed through its ATH (when valued against USD) but you'd hardly have noticed if you'd read these pages because it was masked by BTC rise.  Instead we continue to judge alts value against BTC because of bizarre idealogical reasons based on predictions the global economy will collapse any day soon. 

A bit like the bloke who wanders through the street claiming the end of the world is nigh, crypto is obsessed with financial Armageddon.  I've been on these boards for four years now and the end of days is always being predicted (given traditional financial markets move in seven year cycles there's never a crisis too far away.)

And of course the ultimate contradiction is that BTC is constantly valued against the USD.  Traditional currencies may well be used and abused but I don't see why they are a good enough benchmark for BTC but not for XMR.

Anyone that has any understanding of the real world knows USD will be here far longer than we will. The largest military presence the world has ever know backs USD, It's pretty damn safe. The guy with the biggest stick makes the rules no matter how civilized we want to think we are.

Saying that we are heading into some uncharted waters with Trump thinking he can take on China in some sort of trade war or challenge the one china policy.

To the best of my knowledge China essentially owns the USA by way of bonds issued over the last ten years or so ie it has been Chinese investment that enabled the US to recover from the GFC.  If China decides to 'cash in' those bonds then the US and its economy goes down the sink hole.  I assume that is what the PBC meant today when it said Trump would be "shooting himself in the foot" if he decided to challenge China over...well, pretty much anything.



But we are still in a place where when we get shot in the foot it is still firmly planted on China's head.  This may not always be the case

Until then they are not going to want to pull that trigger.

Yes, I think my facts are dated (apparently Japan is now the biggest holder of US debt) and the consequences of China 'cashing in' incorrect.

http://chinapower.csis.org/us-debt/

Nevertheless, I still think Xi Jinping will run rings around Trump. Smiley
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
January 18, 2017, 12:26:17 AM
@LennyCarl - don't take any 'predictions' you see here as in any way accurate or reliable -- especially mine.  I try my best looking at the chart and using the TA knowledge I've picked up over the last 4 years of doing this.  But the landscape changes so quickly (the events coming out of China this last week or so is a good example) and crypto prices are hyper-sensitive to sentiment and/or news.

But be especially wary of those who use these tools and lay claim to expertise - they are really dangerous.

@Febo.  No, I meant USD.  Over the last month XMR smashed through its ATH (when valued against USD) but you'd hardly have noticed if you'd read these pages because it was masked by BTC rise.  Instead we continue to judge alts value against BTC because of bizarre idealogical reasons based on predictions the global economy will collapse any day soon. 

A bit like the bloke who wanders through the street claiming the end of the world is nigh, crypto is obsessed with financial Armageddon.  I've been on these boards for four years now and the end of days is always being predicted (given traditional financial markets move in seven year cycles there's never a crisis too far away.)

And of course the ultimate contradiction is that BTC is constantly valued against the USD.  Traditional currencies may well be used and abused but I don't see why they are a good enough benchmark for BTC but not for XMR.

Anyone that has any understanding of the real world knows USD will be here far longer than we will. The largest military presence the world has ever know backs USD, It's pretty damn safe. The guy with the biggest stick makes the rules no matter how civilized we want to think we are.

Saying that we are heading into some uncharted waters with Trump thinking he can take on China in some sort of trade war or challenge the one china policy.

To the best of my knowledge China essentially owns the USA by way of bonds issued over the last ten years or so ie it has been Chinese investment that enabled the US to recover from the GFC.  If China decides to 'cash in' those bonds then the US and its economy goes down the sink hole.  I assume that is what the PBC meant today when it said Trump would be "shooting himself in the foot" if he decided to challenge China over...well, pretty much anything.



But we are still in a place where when we get shot in the foot it is still firmly planted on China's head.  This may not always be the case

Until then they are not going to want to pull that trigger.
legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
January 17, 2017, 07:43:55 PM
Coinbase support would be huge.
I sold everything I own besides Factom and bought back into Monero a few days ago.
These are two of the projects I think have good long term investment potential, personally.


after the fluffy vid and the way he handled the compliance questions it will only be a matter of time, Jaxx and the latest fiat ramps in - it will cause a massive bloodbath for any shorters. 3-5 X price in a bubble
sr. member
Activity: 434
Merit: 250
January 17, 2017, 05:53:10 PM
Coinbase support would be huge.
I sold everything I own besides Factom and bought back into Monero a few days ago.
These are two of the projects I think have good long term investment potential, personally.
newbie
Activity: 46
Merit: 0
January 17, 2017, 04:30:49 PM
Oh yes please. Could do with a bit of good in a shitty life at the moment.

Since Christmas I had surgery and in the few days after, when I'm supposed to be taking it easy, the most evil cold and bad chest, I'm literally on the floor here.

Cant even keep my tablets down I have so had enough.


Phil




Take care buddy.
legendary
Activity: 2702
Merit: 2053
Free spirit
January 17, 2017, 04:00:23 PM
Oh yes please. Could do with a bit of good in a shitty life at the moment.

Since Christmas I had surgery and in the few days after, when I'm supposed to be taking it easy, the most evil cold and bad chest, I'm literally on the floor here.

Cant even keep my tablets down I have so had enough.


Phil


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