well i just cannot resist these prices, time to scoop up some xmr.
think we will see a dash dump soon and profits ploughed back into xmr.
The Dash rise looks unsustainable - pushing $30 a coin now and up to no 4 with over $200m market cap, all within a few days (over 20% in the past day or so). It could well crash hard, it seems like it has stolen some of our thunder along the way, so hopefully the reverse will be true as it falls again. Usually what goes up like that must come down. |
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What is happening now, Darkcoin is the number 4 at Coinmarketcap, Monero being the number 6.... Do you guys think Monero will recover from this or is this just pure manipulation game of the Whale?  It is indeed. Yes it will. No it's not purely that. |
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A very chilly Piper-Heidsieck is coming out of my fridge. Worth popping I think, it's been a long time coming. I hope this is just the start. Cheers! You will excuse me if I share this with someone else, I trust  |
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7 green candles in a row on the 2 hour...
Even the daily is 9 out of 10.
Is this Gentlemen?
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1139 quietly matched.
...and as I type
1140!
New three year high on Stamp. Hell yeah.  I thought no one else was watching! I think a train or even a rocket is probably justified. I am just too British to be so brash. *polite applause ensues.... |
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1139 quietly matched.
...and as I type
1140!
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The volume has picked up hugely - back to no.1 on Polo, so the fight back begins.
About time.
Whole last month was nothing like last half year. 18 days with under 100k XMR traded on Poloniex. There were only 2 such days in 5 months before. Tiny bit of it should be because of Kraken and Bitfinex. A tiny bit more also because of stable Bitcoin. But on the other hand Monero is still 4th most traded coin in last 30 days:  Back to the $13.5 level sees us back at 4th in market cap, too. The low volume was very odd, I agree - (the previous) just 2 days in 5 months does not surprise me. The last few weeks have been troubling. But hey, even stars like XMR need a little break once in a while, looks like Honeypony is back at work now. EDIT: for sense |
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Bleep, the Monero premium is only 17 million currently...  I mean seriously, I wonder what's wrong - don't you be worried about this? Especially knowing that it is quite hard to dump Dark coin because it doesn't like to go down much. I am still holding Moneros but the situation of Dark coin gaining market cap and Monero staying stable is something I guess people should be worried when it comes to the network effect. I do not care so much about my holdings that stays the same pretty much but I am more worried about the lack of marketing which might take us in the bad situation of losing the little network effect Monero has. Who wants to buy an asset that is not rising in the price? I know there are some but I am afraid that group is minority.  Why are you so worried about the price going down? The market is healthy if you look at the volume traded on XMR. Markets gonna market, speculators gonna ...you know. Looking at a single value to be concerned with (market cap) is like trying to forecast the weather while looking at an ant hill. The volume has picked up hugely - back to no.1 on Polo, so the fight back begins. About time. |
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I don't know if it will be considered "talking my book" thought I also kinda don't care. I had some orders get filled today... I think we are a little oversold. And, a little more oversold. Support is beyond weak. Agreed - buy side has been below recent norms for a while. Under 1250 on buy side vs 300K XMR on sale. Massively oversold now, but market needs to see it as such. We're only back to late December prices, I guess, but I confess I cannot see why. |
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I am afraid FUDding Darkcoin has not been proven to be a good strategy. Dark coin is not a dead coin but it is rising and there is still people buying it despite there have been a ton of FUDders....
I am not saying we should not warn noobs from investing into it but the excessive FUDding storm may not help... The problem with XMR is the lack of marketing and hype which Dark coin seem to have all the time. That's the reason why it is pretty hard to compete with it.
Pretty hard to compete? We have a significantly larger market cap. You do not sell your products unless you do not repeat the good news about it.
You know, the same energy that is targeted to the FUDding Dark coin can be channeled into the positive hype and pump of Monero.
Which coin you would personally buy: a coin that has a marketing plan and therefore holds/increases its value or a coin that is a super technically and non-marketed and therefore is under the risk of the death?
I think the answer is pretty obvious - Dash is inferior for reasons anyone who knows about it is aware of. This fact makes it impossible to prefer. One can look at its marketing and say it looks good, yes - but it is not the measure of a coin for anyone who looks beyond the superficial. Complaining about marketing is one thing, although coming from someone who has said he does not believe in donating to support Monero projects it is slightly ironic. Suggesting we struggle to compete and should be 'more like' dash and use 'hype and pump' tactics is just silly. I don't know why you bother trying to engage in rational conversation with TC. DO you remember the user who used to hang out in Adams thread a few years back and his opinion vacillated wildly from day to day, often from post to post and he was constantly winding everyone up with 'doom' or 'moon'? I can't recall his name (driving me bonkers now) but it turned out his account was shared by a number of people living in the same house (well, that was the explanation for the split personality behaviour eventually given). If it wasn't for the grammar and spelling I'd say it was the same with TC. You mean Shroomskit? Weird distorted animal icon and forever flailing and raging about the price? |
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I am afraid FUDding Darkcoin has not been proven to be a good strategy. Dark coin is not a dead coin but it is rising and there is still people buying it despite there have been a ton of FUDders....
I am not saying we should not warn noobs from investing into it but the excessive FUDding storm may not help... The problem with XMR is the lack of marketing and hype which Dark coin seem to have all the time. That's the reason why it is pretty hard to compete with it.
Pretty hard to compete? We have a significantly larger market cap. You do not sell your products unless you do not repeat the good news about it.
You know, the same energy that is targeted to the FUDding Dark coin can be channeled into the positive hype and pump of Monero.
Which coin you would personally buy: a coin that has a marketing plan and therefore holds/increases its value or a coin that is a super technically and non-marketed and therefore is under the risk of the death?
I think the answer is pretty obvious - Dash is inferior for reasons anyone who knows about it is aware of. This fact makes it impossible to prefer. One can look at its marketing and say it looks good, yes - but it is not the measure of a coin for anyone who looks beyond the superficial. Complaining about marketing is one thing, although coming from someone who has said he does not believe in donating to support Monero projects it is slightly ironic. Suggesting we struggle to compete and should be 'more like' dash and use 'hype and pump' tactics is just silly. |
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is it me or has this thread been so boring for so long
It's only a few weeks since we hit our USD ATH and went over a USD 200m market cap, meaning XMR gained over 2500% in a year. Things can't be like that all the time. Also bear in mind that a lot of the whole focus in crypto is on BTC. With China and the ETF both heading for a crunch point which may change everything for BTC in less than four weeks, of course it's relatively quiet with all alts*. EDIT - * for now..... |
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A great 'killer' Monero app would be a centralized web wallet/mobile app that allows you to send XMR to any email address or phone number, whether they have a wallet setup or not. The recipient would get a notification that they received a payment, and can simply login from that device or email to claim it. Easy peasy.
It's basically a cryptocurrency version of Paypal/Venmo. Centralized, yes, but a dead easy way for people to get their feet wet and send some XMR to friends who wouldn't otherwise be inclined to learn about it. I don't know a lot of people who would turn down money, even if it's the magical internet type.
This is a great idea. It reaches outside our world nicely. |
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The marketcap of darkcoin 136 Musd, the marketcap of xmr 181 Musd. Let's keep fingers crossed the Darkcoin cannot overtake XMR... Scary times in that sense.
It's not likely anytime soon IMO. Dash has nowhere near the volume of XMR and is already at the high end of a run. It needs to hop up another 30% + to even match XMR. |
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Two legs up, next one goes over 0.14 if the pattern repeats.
Should be inside 12 hours... Buy side needs to increase - it's still under 2K in spite of volume hike to daily 3K in volume (on Polo).
Less coins than usual in a drive up, but maybe there's more in wallets and on other exchanges now. Supply on Polo is only just over 200K - but on exchange buy orders do not exceed this in purchasing power, which is usually the indicator of a rise coming.
Watching with interest. Any positive news now will see a lot of green.
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We just popped over Litecoin's market cap into no. 4 position...
Awesome news, I'm speculating/hoping that XMR will be 2nd or 3rd in respect to market cap by the end of the year. 25% up from here (ish) takes us over Ripple, into 3rd. Ethereum would take a hell of a lot more to top, an over 600% increase in price. I will settle for a comfortable third. Second place is way down the line, only a collapse in sentiment for ETH along with a good rise in XMR would see this come to fruition. |
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We just popped over Litecoin's market cap into no. 4 position...
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February breakout...? XMR looking feisty again |
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By moving from BCT to your own platform, aren't you afraid of losing "trust"? By this, I mean here in BCT there are all kind of people. People who support Monero, people who are against Monero and people who do not even what they are writing about lol. But the point is, different groups of people could share their opinions here and have a clash of arguments. In your own platform, obviously, Monero supporters have louder voice. I am not against having multiple platforms of communication including your own forum...etc. but moving away from BCT, which is considered one of the central places of crypto communication, I am interested how you are not afraid of losing attention to your currency and an elaboration of what you mean when writing people who have to know about Monero know about it already.
AFAIK - the threads here aren't moving anywhere. Monero has many other online resources and knowledge centres (Github, Stack Exchange etc) but there is no move 'away' from the forums here on BCT, just additional areas for more specialised information. |
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Thought provoking and in parts it rings uncomfortably true. I have family members who are of the smart phone generation who I hold Monero for - as they understand they should be getting in, but are just confused by the tech so much. I also am ashamed to admit I cannot even make the GUI work on my mac. It only runs if I use a remote node, I can't make the daemon work and I feel an idiot when I go onto git hub and people just suggest fixes and lines on code to run in the CLI, which I struggle to understand. If it's that hard for me (and I have been in crypto since 2012 and on here regularly since 2013) then we have a long way to go for 'general' adoption. I love Monero and I do 'get' it, but crypto generally is complicated and it is utterly pointless me trying to explain to even my smarter relatives about seed words, private keys, cold wallets, view keys and blockchain tech. For most, it's hard enough to get to work and get by without having to take in all this other stuff and get involved in this whole new world, when it does have risks if you are the sort of person who struggles to remember all your pin numbers and have often forgotten an online password. I have constant issues working across borders at work with money transfers. It's too expensive and takes too long. But suggesting to recipients I pay, or receive in crypto if they are not already involved is still very hard. They get Paypal, but I can't suggest Monero or even Bitcoin. We do needs apps and technical solutions that look simple and just work and do useful things simply without the need for jumping through so many complicated and scary hoops. I still find I rarely can pay in BTC, and I have yet to buy anything directly in Monero. It will come, but we are not there yet. If the community will not get there, third parties will and the bad actor risk will always be there and spoil it - which is not what we want. Afaik the MyMonero overhaul may be the right step into the smartphone generation  I look forward to any move taking us closer to ease of use. A good gui on the computer that is easy to install and works out of the box, like Bitcoin Core does, plus a slick but simple Monero app available on the smartphone (MyMonero on your phone?) for day to day transactions would be a huge leap. |
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