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Topic: [XMR] Monero Speculation - page 876. (Read 3314350 times)

jr. member
Activity: 46
Merit: 1
January 07, 2017, 02:13:31 PM
Brian Armstrong, Coinbase CEO, on meeting with Fluffypony:

Quote
Awesome talk by by Riccardo Spagni from @monerocurrency at @coinbase HQ today. Impressed with Monero. @fluffyponyza Talk will be online soon

https://twitter.com/brian_armstrong/status/817452522767937536
Agree wholeheartedly.

Fluffy comes off as extremely honest, non-defensive, and competent. A few topics covered in this 55 minute presentation:
  • Why privacy is important
  • How to evaluate privacy tools
  • Overview of how Monero functions technically
  • TOR vs I2P
  • History of Monero
  • Future plans and directions of Monero
  • An excellent Q&A session
pa
hero member
Activity: 528
Merit: 501
January 07, 2017, 02:05:36 PM
A bright but risk-averse family member who bought bitcoin at $180 in 2013 to humor me and shut me up, spontaneously asked me how to buy Monero a few days ago. He also thanked me for getting him into this stuff, which is uncharacteristic. I've mentioned Monero to him perhaps three times since 5/2014, last time over six months ago. Not sure what that means, but it's data.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
January 07, 2017, 12:29:46 PM
Is there any explanation why BTCs down movement triggered a down movement for XMR?

Yes it was interesting to see the price of Monero mirror the price of Bitcoin during the drop.
Anyone have an explanation why the price has been so closely tied to the value of Bitcoin?

Profit taking (USD is strong atm), also chinese Gov warning that VC's are not currency.

A Few days back I predicted this.

...

I speculate thaT BTC WILL DROP SOON AND (FUCKING CAPS LOCK) xmr will drop a bit wirh profit taking so on the next spike I'm gonna convert to usd and rebuy on the btc low.

Lets see how this works out, last time i called it on the head but screwed my self by not having the capitol available to get back in! Lol...

Odds of anyone saying that and being correct are high, sorry  Grin. What did you do with that information that you had in advance? And is that the reason you are quoting yourself repeatedly?

I see patterns and I am pointing out that I have been giving this type free advice for years and have not even been thanked once. Feel free to go back and find a incorrect prediction I have made, I don't remember any. Yet I see People shilling their bags and idiot n00bs listen to them and get crushed, I'm dumbfounded by this.

I have been trying to help n00bs from getting fleeced in this manipulated market but they chase the short term while missing the long.

AFA what I did was try to convert to usd on kraken but the bots continually beat me and all I did was push the price down so I stopped. I also bout a few more on the downslide but I had only a few bucks in btc so didn't get much and kraken teir 3 was too much of a pita to complete so I told them to fuck off. they complained I didn't put a date in the picture they made me provide, I guess I had missed that. Not to mention Kraken order book blows and their buy sell sucks as well, it doesn't even show your funds you have access to.
hero member
Activity: 742
Merit: 501
January 07, 2017, 12:06:10 PM
Is there any explanation why BTCs down movement triggered a down movement for XMR?

Yes it was interesting to see the price of Monero mirror the price of Bitcoin during the drop.
Anyone have an explanation why the price has been so closely tied to the value of Bitcoin?

Profit taking (USD is strong atm), also chinese Gov warning that VC's are not currency.

A Few days back I predicted this.

...

I speculate thaT BTC WILL DROP SOON AND (FUCKING CAPS LOCK) xmr will drop a bit wirh profit taking so on the next spike I'm gonna convert to usd and rebuy on the btc low.

Lets see how this works out, last time i called it on the head but screwed my self by not having the capitol available to get back in! Lol...

Odds of anyone saying that and being correct are high, sorry  Grin. What did you do with that information that you had in advance? And is that the reason you are quoting yourself repeatedly?
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
January 07, 2017, 12:00:49 PM
Is there any explanation why BTCs down movement triggered a down movement for XMR?

Yes it was interesting to see the price of Monero mirror the price of Bitcoin during the drop.
Anyone have an explanation why the price has been so closely tied to the value of Bitcoin?

Profit taking (USD is strong atm), also chinese Gov warning that VC's are not currency.

A Few days back I predicted this.

...

I speculate thaT BTC WILL DROP SOON AND (FUCKING CAPS LOCK) xmr will drop a bit wirh profit taking so on the next spike I'm gonna convert to usd and rebuy on the btc low.

Lets see how this works out, last time i called it on the head but screwed my self by not having the capitol available to get back in! Lol...
sr. member
Activity: 358
Merit: 250
January 07, 2017, 11:46:14 AM
I'm sorry, but what is Monero besides an anonymous (which BTC/LTC will be anyways) pump and dump manipulated scheme by only the darknet markets and poloniex?  Something like 1% of DNM vendors accept monero.... no one uses it.. and no one NEEDS it.
Another fairy dust coin people are just gambling on.  It's OK to gamble on P&Ds but, i mean, I can see monero going away soon...

That 1% makes it the best altcoin out there without even mentioning the benefits of privacy and fungibility.

Monero/BTC is now normalizing to a healthy growth. I think I'll trade some BTC into Monero sometime soon.
full member
Activity: 200
Merit: 114
January 07, 2017, 09:08:10 AM
Yes, I agree, wasn't implying that it's bad.

Just found it interesting.
legendary
Activity: 2604
Merit: 1748
January 07, 2017, 08:54:33 AM
I guess, you're right. What's just interesting is that the BTC down movement came from China but not XMR as China is just starting to discover it.

And what's also interesting is that on Poloniex basically all alts are up and only XMR is down.

Perhaps it's a bear trap.

Hard fork on Tuesday may be a factor - but we have been remarkably steady against BTC and vastly more stable than most alts all the way up through massive fluctuations in BTC and other alts.

It does not make XMR look bad. On the contrary.
full member
Activity: 200
Merit: 114
January 07, 2017, 08:43:52 AM
I guess, you're right. What's just interesting is that the BTC down movement came from China but not XMR as China is just starting to discover it.

And what's also interesting is that on Poloniex basically all alts are up and only XMR is down.

Perhaps it's a bear trap.
legendary
Activity: 2604
Merit: 1748
January 07, 2017, 08:29:17 AM
Is there any explanation why BTCs down movement triggered a down movement for XMR?

Yes it was interesting to see the price of Monero mirror the price of Bitcoin during the drop.
Anyone have an explanation why the price has been so closely tied to the value of Bitcoin?

It got that way from just before the time of the GUI release - we started to maintain price at (roughly) 0.015 all the way up as BTC increased masively.

It meant we increased in value in USD terms hugely - to an ATH level.

Right now I wish we were maintaining USD levels as BTC drops, but we cannot have it both ways!  It does mean BTC up, both up, but conversely is seems BTC down, XMR down.  We're looking pegged to BTC, so we no longer have that hedge position of inversely related moves we used to have.

It's probably XMR now being in the top 3 or 4 alts - we are now more subject to crypto market sentiment overall.

It may change, but it is a distinct realignment for now.  Maybe is is because XMR has grown up.


full member
Activity: 164
Merit: 100
January 07, 2017, 08:14:26 AM
Brian Armstrong, Coinbase CEO, on meeting with Fluffypony:

Quote
Awesome talk by by Riccardo Spagni from @monerocurrency at @coinbase HQ today. Impressed with Monero. @fluffyponyza Talk will be online soon

https://twitter.com/brian_armstrong/status/817452522767937536


Lets keep this a secret please!
I need a few more weeks to accumulate Monero before everyone else realizes it will be added to Coinbase shortly. Wink

(I estimate it will probably be April/ May, but I would be very surprised if XMR was not added by the time summer came in the US- about six months from now.)
uyeah, like this. I think I am grateful for monero for this weekend
sr. member
Activity: 434
Merit: 250
January 07, 2017, 07:45:17 AM
Is there any explanation why BTCs down movement triggered a down movement for XMR?

Yes it was interesting to see the price of Monero mirror the price of Bitcoin during the drop.
Anyone have an explanation why the price has been so closely tied to the value of Bitcoin?
full member
Activity: 200
Merit: 114
January 07, 2017, 07:40:34 AM
Is there any explanation why BTCs down movement triggered a down movement for XMR? It has been mentioned here earlier that a down movement in BTC would likely raise the XMR price which it seems to have done for a lot of other alts but not XMR.

Not worried, hodling anyway just interested if there is an explanation.
legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
January 07, 2017, 07:15:36 AM
https://www.youtube.com/watch?v=pTgadb7M47E

Fluffys talk @ coinbase - rather interesting watch.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
January 07, 2017, 04:13:05 AM
I'm sorry, but what is Monero besides an anonymous (which BTC/LTC will be anyways) pump and dump manipulated scheme by only the darknet markets and poloniex?  Something like 1% of DNM vendors accept monero.... no one uses it.. and no one NEEDS it.
Another fairy dust coin people are just gambling on.  It's OK to gamble on P&Ds but, i mean, I can see monero going away soon...

Give it more time and give the devs the benefit of the doubt.  If no one really needs it then so be it.  But if people in the darknet realize they do, then look at it as an opportunity to make some profit in Bitcoin.  One thing you shouldn't be doing is close your mind on it else you miss these profit opportunities.
legendary
Activity: 2016
Merit: 1259
January 06, 2017, 08:31:47 PM

I need a few more weeks to accumulate Monero before everyone else realizes it will be added to Coinbase shortly. Wink

(I estimate it will probably be April/ May, but I would be very surprised if XMR was not added by the time summer came in the US- about six months from now.)


LOL yeah... but remember how long it's taking the Jaxx guys to get their coding done.

So, I'd think maybe coinbase will need a little more time to fully GROK Monero too: so hopefully there'll still be some time to Back Up The Truck Cheesy


Depends when they started working on it.  We've been poking Kraken for years, with noncommittal responses, yet I had heard nothing about their pending XMR support before it was sprung in their blog on the day of release.  Granted, I wasn't watching specifically, due to their negative or wishy-washy responses to me and others along the way.  How much public notice was there for Bitfinex's announcement?  As more players get involved, it will be a more streamlined process for those following.  Snowballs grow quickly, after a certain point.  Keep your eye on the ball  Wink
hero member
Activity: 608
Merit: 509
January 06, 2017, 08:03:44 PM

I need a few more weeks to accumulate Monero before everyone else realizes it will be added to Coinbase shortly. Wink

(I estimate it will probably be April/ May, but I would be very surprised if XMR was not added by the time summer came in the US- about six months from now.)


LOL yeah... but remember how long it's taking the Jaxx guys to get their coding done.

So, I'd think maybe coinbase will need a little more time to fully GROK Monero too: so hopefully there'll still be some time to Back Up The Truck Cheesy
sr. member
Activity: 434
Merit: 250
January 06, 2017, 07:45:57 PM
Brian Armstrong, Coinbase CEO, on meeting with Fluffypony:

Quote
Awesome talk by by Riccardo Spagni from @monerocurrency at @coinbase HQ today. Impressed with Monero. @fluffyponyza Talk will be online soon

https://twitter.com/brian_armstrong/status/817452522767937536


Lets keep this a secret please!
I need a few more weeks to accumulate Monero before everyone else realizes it will be added to Coinbase shortly. Wink

(I estimate it will probably be April/ May, but I would be very surprised if XMR was not added by the time summer came in the US- about six months from now.)
legendary
Activity: 2604
Merit: 1748
January 06, 2017, 06:07:37 PM
I'm sorry, but what is Monero besides an anonymous (which BTC/LTC will be anyways) pump and dump manipulated scheme by only the darknet markets and poloniex?  Something like 1% of DNM vendors accept monero.... no one uses it.. and no one NEEDS it.
Another fairy dust coin people are just gambling on.  It's OK to gamble on P&Ds but, i mean, I can see monero going away soon...

Er... BTC and LTC are NOT anonymous, Monero is.  It's sort of why Monero is up over 2000% this year and staying up.

So, perhaps do some research before you post moronic rubbish and you might get a better reception here.  

LTC?  Really?

And BTC is the big coin, but it's not exactly er... stable. Is it.   You seem a butthurt investor in out of date crypto. Find a therapist and change your spectacles, you might see the truth of how sadly misguided you are.

I hope you get better soon and save yourself before it's too late. Come back when you see reality and you will be welcome.  

In the meantime - don't bother.  By your second post of this false drivel everyone here will have ignored you.


sr. member
Activity: 248
Merit: 250
January 06, 2017, 04:58:41 PM
Brian Armstrong, Coinbase CEO, on meeting with Fluffypony:

Quote
Awesome talk by by Riccardo Spagni from @monerocurrency at @coinbase HQ today. Impressed with Monero. @fluffyponyza Talk will be online soon

https://twitter.com/brian_armstrong/status/817452522767937536
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