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Topic: [XMR] Monero Speculation - page 881. (Read 3314350 times)

hero member
Activity: 532
Merit: 500
January 04, 2017, 11:27:09 AM
Monero now on kraken. Congrats guys.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
January 04, 2017, 11:25:09 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
legendary
Activity: 1092
Merit: 1000
January 04, 2017, 11:17:17 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.
legendary
Activity: 1526
Merit: 1012
January 04, 2017, 10:44:32 AM
I made nice profit with my stake last year I won nice amount of safedice start from a dust and hold them for a long but happy to see what is happening. This made me into huge profit with this great rise.
legendary
Activity: 1092
Merit: 1000
sr. member
Activity: 263
Merit: 250
January 04, 2017, 10:28:07 AM
www.woobull.com/the-network-effects-of-volatility-and-liquidity-bitcoin-vs-other-payment-coins :

"2016 has been a bull year for privacy coins. Earlier this year we saw mooning of Monero which saw subsequent pumps in other dark-coins including ShadowCash and Navcoin. Then we witnessed a mega-hyped launch of ZCash which peaked at an astounding $5.3k per coin.
All of these coins are Payment Coins competing in the battle win the war to be General Money."

"I will be looking at the leading coins by market cap, namely Bitcoin, Monero, Dash, ZCash and ShadowCash"

"The liquidity of alt-payment-coins have been on a rapid rise in 2016, particularly in the case of Monero which if this year’s trend continues could match Bitcoin in just one year."

"The study concluded Bitcoin would achieve fiat level volatility by mid-2019"

"First up in our alt-payment-coin list is Monero, the biggest payment coin behind Bitcoin. Unfortunately Monero over its 2.5 year history has shown an increasing trend in volatility. We’ve seen a lot more speculators pushing the price around during its 2016 price breakouts. Here we see how keeping liquidity high and volatility low can be like pulling on opposite ends of a tug-o-war. Often high volatility attracts traders which then feeds an increase in liquidity.
Though Monero may be losing out on reduced volatility, it has a very important feature. Unlike Dash, ZCash and ShadowCash it is unique in that it is not a fork of Bitcoin, so it has a chance of winning the payment coin war by competitor implosion should there be a vulnerability in Bitcoin’s codebase. Monero is an excellent Bitcoin hedge in my opinion."

"Bitcoin’s lead in liquidity is not unassailable, Monero could match it in a year, Dash and ShadowCash in just over two."

"Low volatility is much harder to achieve and Bitcoin has a solid lead in this regard. No other payment coin is on track to catch Bitcoin"

"All of Bitcoin’s competitors tote features that Bitcoin is lacking – faster confirmation times and private payments. Both of these features will most likely be coming to Bitcoin as layer 2 protocols in 2017. If and when this happens, the battle for payments and general money will be fought solely on the playing field of economic network effects, that of liquidity and volatility. Bitcoin remains the standout contender in this regard."
legendary
Activity: 1008
Merit: 1000
Dumb broad
January 04, 2017, 08:56:32 AM
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.
legendary
Activity: 2744
Merit: 1288
January 04, 2017, 08:41:27 AM
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.
legendary
Activity: 1442
Merit: 1000
Antifragile
January 04, 2017, 08:29:44 AM
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
legendary
Activity: 1008
Merit: 1000
Dumb broad
January 04, 2017, 08:04:33 AM
BTC goes up, XMR goes up.
Lovely isn't it.
legendary
Activity: 1624
Merit: 1008
hero member
Activity: 649
Merit: 500
January 04, 2017, 06:11:24 AM
Any smarty pants wish to explain how Cryptonote defeats this approach?

The Bayesian Method For Deanonymising A Large Percentage of Bitcoin Transactions
https://www.deepdotweb.com/2017/01/03/bayesian-method-deanonymising-large-percentage-bitcoin-transactions/

I am not wearing pants, so I only correspond to the first half of your callout but...

They describe 3 steps:

1. Pinpointing the originators of the transactions.

2. Analysis of the blockchain is done to categorize bitcoin addresses belonging to the same user.

3. Obtaining multiple transactions originating from the same bitcoin address and categorizing bitcoin addresses according to users.

As you are aware the last two don't work with Monero. And the first one will be taken care of by kovri (c++ i2p router) .

AFAIK, the default behaviour when kovri is integrated in monero is to hookup over both clearnet and i2p.
Then you propagate your transactions through i2p first, and through clearnet with a small delay. That transaction will start popping  up in many nodes all over the network roughly at the same time.
sr. member
Activity: 812
Merit: 251
I-CHAIN - The Revolution of Digital Advertising
January 04, 2017, 02:42:19 AM
Zcash was just launched 2 months ago with 0 supply. JUst wait, as the supply keeps increasing, the value will decrease...
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
January 03, 2017, 09:32:03 PM
Any smarty pants wish to explain how Cryptonote defeats this approach?

The Bayesian Method For Deanonymising A Large Percentage of Bitcoin Transactions
https://www.deepdotweb.com/2017/01/03/bayesian-method-deanonymising-large-percentage-bitcoin-transactions/
sr. member
Activity: 522
Merit: 266
January 03, 2017, 07:43:56 PM
Even though the price has gone up a bit, is now still a good time to buy more XMR?
ZEC is trading at almost 3x the price of Monero, and I personally feel that Monero is a much better product, with at least some support even if its mostly from darknet vendors right now.
Surely the price could go as high as Zcash, right?  
I don't think $40 to $50 is unreasonable if we get more exchanges and wallets supporting the coin, and start to see some clearnet websites start to accept payments in XMR.
(Or is this just wishful thinking?)

What ZEC is trading for is totally irrelevant. There's a coin called 42coin that's trading at $138, does that make it better than Monero? Of course, there are only 70 42coins in existence and its market cap is <10K. Zcash market cap is ~8% of Monero's. It's a bit player.

70? Go inflation. There was supposed to be only 42 of that crap. That was the whole point.....lol "point"
member
Activity: 110
Merit: 14
January 03, 2017, 07:27:33 PM
Even though the price has gone up a bit, is now still a good time to buy more XMR?
ZEC is trading at almost 3x the price of Monero, and I personally feel that Monero is a much better product, with at least some support even if its mostly from darknet vendors right now.
Surely the price could go as high as Zcash, right?  
I don't think $40 to $50 is unreasonable if we get more exchanges and wallets supporting the coin, and start to see some clearnet websites start to accept payments in XMR.
(Or is this just wishful thinking?)

What ZEC is trading for is totally irrelevant. There's a coin called 42coin that's trading at $138, does that make it better than Monero? Of course, there are only 70 42coins in existence and its market cap is <10K. Zcash market cap is ~8% of Monero's. It's a bit player.
legendary
Activity: 1092
Merit: 1000
January 03, 2017, 05:00:31 PM
Whoever this is should move it north.

Code:
0.0054% 17437.72358261 2-7 Days

It is an invitation, someone wants us to go on a large leverage Long position. Good news! So he can dump on you easily - we will see tomorrow evening! ;-)

Actually, it's an invitation to short...  when you short XMR you need to borrow XMR, when you go long on margin you're borrowing BTC.

Of course it was, but it could have been quite a bit higher for more profit. There was a huge amount bought up before it. Those stuck shorting should have to pay more to try to push price down when trapped.


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


I have totally no insider info on this one.

No-one does. Welcome to the mainstream.

Well I perhaps did have some when amassing my 500k position that was later stolen...  Tongue

Just saying that every once in a while, someone does.

Disclaimer: "my" refers to undisclosed entities.

Didn't know you got 500k stolen! where did you post that? isthere a thread on it? I'd like to know the particulars.


https://www.youtube.com/watch?v=PawZ8NsOQk8
hero member
Activity: 608
Merit: 509
January 03, 2017, 04:55:46 PM

I speculate thaT BTC WILL DROP SOON AND (FUCKING CAPS LOCK) xmr will drop a bit ...


Dude... yah okay your CapsLock key is broken but wtf : don't you have a BACKSPACE key...?  LOL
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
January 03, 2017, 03:39:12 PM

I speculate thaT BTC WILL DROP SOON AND (FUCKING CAPS LOCK)

Wait?  Why are you yelling at me? Tongue



Because you are so stuck on him.  Just back off, OK?

ROTFLMAO, it's this damn laptop keyboard!
legendary
Activity: 1092
Merit: 1000
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