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Topic: [XMR] Monero Speculation - page 880. (Read 3314350 times)

sr. member
Activity: 248
Merit: 250
January 04, 2017, 03:13:44 PM
The big 3 all up 11% (24hr), in unison.

Top 25 cryptos all in the green.

What fun!
sr. member
Activity: 770
Merit: 251
live the dream but don't live the dream
January 04, 2017, 03:09:05 PM

already some of its news today about Monero will be added in Coinbase whether the report is true?
and another one I would like to ask when his right Monero be integrated with Wallet Jaxx whether the existing signs will mark release!!!
legendary
Activity: 1442
Merit: 1000
Antifragile
January 04, 2017, 03:07:41 PM
When we can expect some nice news and see 0.02?

As I alluded to in the post above, I think it isn't quite so cut and dry.

If BTC corrects hard down, I think then we might see .02 (as maybe XMR tries to support it's USD price).
I just think it is early days as far as USD vs BTC/XMR price goes - so expect volatility is my guess.

Expect... The Unexpected!

And that, lol!
(Of course)
legendary
Activity: 2016
Merit: 1259
January 04, 2017, 03:02:42 PM
When we can expect some nice news and see 0.02?

As I alluded to in the post above, I think it isn't quite so cut and dry.

If BTC corrects hard down, I think then we might see .02 (as maybe XMR tries to support it's USD price).
I just think it is early days as far as USD vs BTC/XMR price goes - so expect volatility is my guess.

Expect... The Unexpected!
legendary
Activity: 1442
Merit: 1000
Antifragile
January 04, 2017, 02:24:25 PM
When we can expect some nice news and see 0.02?

As I alluded to in the post above, I think it isn't quite so cut and dry.

If BTC corrects hard down, I think then we might see .02 (as maybe XMR tries to support it's USD price).
I just think it is early days as far as USD vs BTC/XMR price goes - so expect volatility is my guess.
member
Activity: 74
Merit: 10
January 04, 2017, 02:14:50 PM
When we can expect some nice news and see 0.02?
legendary
Activity: 1442
Merit: 1000
Antifragile
January 04, 2017, 01:47:04 PM
BTC goes up, XMR goes up.
Lovely isn't it.

Certainly a nice change! Reminds me of some alts in 2013...
Which brings up a question:

I've been using both XMR's USD price and it's "BTC price" when following XMR (rather recently doing both). I had just been doing the latter, but since you can buy XMR on Bittfinex (is it?) for FIAT, I might as well consider that but how much? How do you all view this? Is 80% of XMR bought with BTC or ? Any stats available?

I wonder as BTC continues this rise, at some point people are going to start evaluating XMR more in dollars (as that is "stable" and perhaps more familiar to the masses), it will be available at more places for cash purchases, and so we are going to want to separate, as the initial determiner the BTC/XMR ratio, but that is just my thoughts right now. I'm open here, just wondering...

IAS



https://coinmarketcap.com/currencies/monero/#markets

Here you see all Monero Markets. You can buy Monero with fiat right now on Kraken , Bitfinex, BTER and Livecoin. For USD, EUR and CNY. As it looks Kraken might be most popular altho just started. I guess people are still careful because Bitfinex indecent few months ago. BTER is Chinese exchange where Monero is not so popular and Livecoin small exchange.

Thanks for the link. I didn't realize it would list it like that. Very nice. So, I think I was close. If 80% of volume is on Polo and you can't buy using cash there, I'd bet that 90% of all XMR bought right now are bought with Bitcoin first. So there is that intrinsic tie. And that does probably remain for years. (My guess)

BTC goes up, XMR goes up.
Lovely isn't it.

Certainly a nice change! Reminds me of some alts in 2013...
Which brings up a question:

I've been using both XMR's USD price and it's "BTC price" when following XMR (rather recently doing both). I had just been doing the latter, but since you can buy XMR on Bittfinex (is it?) for FIAT, I might as well consider that but how much? How do you all view this? Is 80% of XMR bought with BTC or ? Any stats available?

I wonder as BTC continues this rise, at some point people are going to start evaluating XMR more in dollars (as that is "stable" and perhaps more familiar to the masses), it will be available at more places for cash purchases, and so we are going to want to separate, as the initial determiner the BTC/XMR ratio, but that is just my thoughts right now. I'm open here, just wondering...

IAS


The BTC price is something of touchstone in the cryptosphere. But as more new money comes in I imagine the 'fiat' price will become more prevalent.

Another factor that is often ignored with regard to 'fiat' prices is the relative strength of those currencies - so the BTC price moves and people look for a reason but rarely look at what the USD or the EUR (etc, etc) is up to.

So, against the GBP or EUR you may say BTC's surge is helped by the relative wekness of the other pairs.
And while it may be heresy around here the USD is 'doing well' in forex at present, which makes BTC's current valuation even more impressive.  

Of course, the real goal is not to value XMR against any other currency but against what it can be used for.


Thanks - good perspective. (Like I said I will watch both "prices".)

Something tells me this year is going to be real real interesting for Cryptos as there appears to be serious banking problems coming (again) as well as more global turmoil.
Protect what Fiat you have and make it portable...
sr. member
Activity: 248
Merit: 250
January 04, 2017, 01:16:27 PM
Back in #3 on coinmarketcap.com.

Are the ripple volumes there really comparable to other cryptos on exchanges?  Or are the "gateway" transaction ones that are using ripple as part of other currency transfers?  https://coinmarketcap.com/currencies/ripple/#markets
hero member
Activity: 532
Merit: 500
January 04, 2017, 12:53:30 PM
...

My point is that donation based funding have more risks than a project that is not based on donations in terms of financing.

My point is that empirically this is not true. Bitcoin's rise wasn't funded by a (de)centralized money managing system controlled by insiders and early adopters. ETH is a bit of a counterexample, but they were basically 80% premined and their market value has been eroding. I don't think there's really enough evidence to declare one method better than the other, but based on the success of Bitcoin and Monero, I'd lean toward the volunteer/donation based approach as opposed to the cabal of insiders doling out funds.

The masternodes have spoken, and wasteful graft is the outcome. Do not question the masternodes!

You make it sound like masternodes are your god dude. Cheesy
hero member
Activity: 649
Merit: 500
January 04, 2017, 12:53:17 PM

My point is that donation based funding have more risks than a project that is not based on donations in terms of financing.

Reading this you'd guess that 875 XMR were not just funded in under 4 hours.

EDIT: For posterity, and like stated above, that's about $15k at today's value.
sr. member
Activity: 243
Merit: 250
January 04, 2017, 12:39:12 PM
...

My point is that donation based funding have more risks than a project that is not based on donations in terms of financing.

My point is that empirically this is not true. Bitcoin's rise wasn't funded by a (de)centralized money managing system controlled by insiders and early adopters. ETH is a bit of a counterexample, but they were basically 80% premined and their market value has been eroding. I don't think there's really enough evidence to declare one method better than the other, but based on the success of Bitcoin and Monero, I'd lean toward the volunteer/donation based approach as opposed to the cabal of insiders doling out funds.

The masternodes have spoken, and wasteful graft is the outcome. Do not question the masternodes!
sr. member
Activity: 243
Merit: 250
January 04, 2017, 12:34:21 PM
Positive press again on Monero:

https://www.youtube.com/watch?v=mQU1XtWaNk8


More of vids like this, it will create the positive loop of new adaption and huge increase in price.

That guy said he didn't buy Monero because it lacks a funding mechanism, like Dash. We just funded a $15,000 project in about 3 hours with the forum funding system. With results like that, who needs gimmickry? Monero's system is actually superior in terms of efficiency, as evidenced by the absence of failed vending machine projects.
legendary
Activity: 3178
Merit: 1119
January 04, 2017, 12:32:07 PM
...

My point is that donation based funding have more risks than a project that is not based on donations in terms of financing.

My point is that empirically this is not true. Bitcoin's rise wasn't funded by a (de)centralized money managing system controlled by insiders and early adopters. ETH is a bit of a counterexample, but they were basically 80% premined and their market value has been eroding. I don't think there's really enough evidence to declare one method better than the other, but based on the success of Bitcoin and Monero, I'd lean toward the volunteer/donation based approach as opposed to the cabal of insiders doling out funds.
hero member
Activity: 532
Merit: 500
January 04, 2017, 12:27:11 PM
If you did not listen to astrologists like bitcoinnews this is for you:

https://www.youtube.com/watch?v=--_KyuZMsnA

cu at the Lambo store.

Let's go. Im ready to cash in and buy my lambo. Let's do this.
legendary
Activity: 1092
Merit: 1000
January 04, 2017, 12:26:10 PM

By the way, tomorrow is the key day of 5th of January, how do you think it will change the price? Up or down?

The key day is not a day it is a block. And it will land around the 10th, not tomorrow.

Oh okay.
Anyway, what do you think will happen to the price due to RingCT implementation? Do you think Monero will tank hard?
sr. member
Activity: 358
Merit: 250
January 04, 2017, 12:24:48 PM
If you did not listen to astrologists like bitcoinnews with their made up "chart analysis" this is for you:

https://www.youtube.com/watch?v=--_KyuZMsnA

cu at the Lambo store.
hero member
Activity: 649
Merit: 500
January 04, 2017, 12:09:34 PM

By the way, tomorrow is the key day of 5th of January, how do you think it will change the price? Up or down?

The key day is not a day it is a block. And it will land around the 10th, not tomorrow.
legendary
Activity: 1092
Merit: 1000
January 04, 2017, 12:01:05 PM
Positive press again on Monero:

https://www.youtube.com/watch?v=mQU1XtWaNk8


More of vids like this, it will create the positive loop of new adaption and huge increase in price.

"Today's episode is sponsored by Dash"

zomg cant even....

XD

Darkcoin is doing right two things: 1) Marketing 2) The funding of development (they do not come to cheap Scrooge McDuck to ask for donations).

By the way, tomorrow is the key day of 5th of January, how do you think it will change the price? Up or down?

What exactly has xdarkdashcoin released in the way of development recently? It seems like the donation model is working quite well in terms of Monero being on the leading edge of privacy technology, and it seems like dash had basically given up on darksend, instant x has been out for years, and evolution has been coming soon for like 18 months? Is dash evolution the new Monero GUI?

My point is that donation based funding have more risks than a project that is not based on donations in terms of financing.
legendary
Activity: 3178
Merit: 1119
January 04, 2017, 11:55:45 AM
Positive press again on Monero:

https://www.youtube.com/watch?v=mQU1XtWaNk8


More of vids like this, it will create the positive loop of new adaption and huge increase in price.

"Today's episode is sponsored by Dash"

zomg cant even....

XD

Darkcoin is doing right two things: 1) Marketing 2) The funding of development (they do not come to cheap Scrooge McDuck to ask for donations).

By the way, tomorrow is the key day of 5th of January, how do you think it will change the price? Up or down?

What exactly has xdarkdashcoin released in the way of development recently? It seems like the donation model is working quite well in terms of Monero being on the leading edge of privacy technology, and it seems like dash had basically given up on darksend, instant x has been out for years, and evolution has been coming soon for like 18 months? Is dash evolution the new Monero GUI?
legendary
Activity: 1092
Merit: 1000
January 04, 2017, 11:46:28 AM
Positive press again on Monero:

https://www.youtube.com/watch?v=mQU1XtWaNk8


More of vids like this, it will create the positive loop of new adaption and huge increase in price.

"Today's episode is sponsored by Dash"

zomg cant even....

XD

Darkcoin is doing right two things: 1) Marketing 2) The funding of development (they do not come to cheap Scrooge McDuck to ask for donations).

By the way, tomorrow is the key day of 5th of January, how do you think it will change the price? Up or down?
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