Looking nicely set up for another interesting weekend.
Ladies and gentlemen:
Faites vos jeux...
Edit: Seems BTC is vying for 'belle of the ball' too...
Evening Kurious, Whoa, there goes BTC...everyone piling out of everything else LOL "Rien ne van Plus"...Mais c'est pas si grave - j'ai les deux. Toi aussi, je crois? |
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Looking nicely set up for another interesting weekend.
Ladies and gentlemen:
Faites vos jeux...
Edit: Seems BTC is vying for 'belle of the ball' too...
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Well I had $50 of BTC sitting in a random address so I transferred it and bought some Monero. I've already made a cool $1!!!  Here's hoping it keeps climbing. It's not so long ago that $50 would have bought you 200 Monero - but now you are buying at a low - as is the smart money here. Well done. |
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Anyhow I think the demand energy is close to breaking out. Can it wait until Friday this week? I am beginning to doubt it. It's only showing up in deep book bids right now, but the spring is coiling... When bear talk begins to dominate, in a long-term accumulating market, it can't be long before an impulsive move.
I hope so... for two reasons: My immediate BTC trading stash now spent in the 180s ..and elrippo will be crowing if we hit the 170s |
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i made my first darknet Monero purchase, an essential medicine for which i have a prescription. It was cheaper from India. Smooth as silk so far. High rep vendor, FE, out of band, shipping from India to my country home but mediated by AB. 1 Sept I will try the full AB system.
WTF is with these people? They infest this place like ants, and copy post. https://bitcointalk.org/index.php?topic=753252.msg16089612#msg16089612Yeah - I spotted that too. No idea why. |
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XMR volume remains greater than the sum of all the other coins combined on Polo; I wonder how long it will be before another of the big exchanges announces it is opening a market.
I going to posit that will be the next major news.
Well we've been poking at the major exchanges for a year and more. Kraken, for one, I know replied always that they were aware of it, but too busy to do anything ATM. I bet the recent weeks' excitement has moved it toward the top of the stack. Yes, you've mentioned Kraken previously. I find it difficult to believe there are not envious eyes watching the continued volume and not wanting to get themselves a slice. When you look at some of the rubbish listed on BTCe and the UI that has gone unimproved for 4 years, for example, it makes you realise that a lot of the older 'established' players across crypto may be getting too comfy. It's a huge opportunity as you can't throw fiat at Polo, a direct way to purchase this hugely important crypto with cash on another major exchange at a time when interest rates are threatening to go negative will be very positive for XMR. And it's not an 'if', it's just a 'when'. I won't use the four-letter S-word on here, let's say.... Imminent™ (Edited for sense) |
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time to troll?  Delicious...! Can't help but smile at this one. |
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If Monero passes Dash in price, then the drinks are on me I only drink vintage champagne... ;-) for humor's sake, not saying i'd really do it, but i'd totally drink a shoot of kurious' urine after kurious has drank 24 h of only vintage champagne if the price ever hits the current mc of eth.  If it does I could always post you some  |
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This feels odd - that was a run with steam.
Polo jitters and then a dump... Hmm.
I hope normal service will resume ASAP.
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Anyone here participate in any good Monero slack channels? Or any crypto Slacks with XMR following? Slightly off topic because I'm interested in more than just price/trading commentary. Edit .018   Edit 2: AND Polo crash? yeah it froze... Hasn't helped. Buy the dip though? |
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If Monero passes Dash in price, then the drinks are on me I only drink vintage champagne... ;-) |
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I'm in my 50's with limited computer skills. I use the command line client. If one can read and follow instructions then is is as easy as driving a car. Still a lot of people driving cars without reading their manual and can't figure out how to do certain things. Not the car's fault just like it is not XMR's fault. I have learned it, thank you - I just think a GUI is way easier for a 'normal' person to use. It's not FUD, nor nonsense, and it took me a fair bit longer than five minutes as a Mac user to learn to use CLI. |
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The gui thing is actually starting to become a big deal now. Previously almost everyone in the community was comfortable with CLI and we had no need to rush adoption so it didnt really matter very much. But now as we see slightly wider spread adoption, more people who are not comfortable with CLI are coming into the space. The problem here is that this probably means people are keeping WAY too many monero on the exchange. Making it a very ripe target for attack. A lot of people might get burned because of this.
While of course the GUI will be nice, and an added bonus, I don't think it's that big of a deal. Consider the following three broad categories: Early adopters - (you covered this already, but anyways ) while the gui will be some icing on the cake, I would say most of us are comfortable enough with the command line. Also, we're already in; we may provide support in the event of a price drop, and liquidity as the price rises, but you will not see significant growth from this group at this point (assuming we've all entered long ago and are happy with our respective positions) Speculators: these guys pretty much need to keep their coins on exchange anyways; whether they are loaning coins, borrowing coins, making a market through open bid and ask positions, etc. DNM users: typically they would be holding relatively small amounts for short periods of time. I think Shapeshift and MyMonero are sufficient for this use case. Or, even easier and more important than a GUI, if there were a fiat/xmr exchange that they can use to simply buy Monero and transfer direct to the online merchant... I think this analysis completely ignores a broad new swath of users. Future historians my find them to still be very early indeed, but lets call them, for lack of a better term, late adopters. This is the group my post was concerned with. But I guess the whole post is moot. It looks like we are getting our gui sometime within the next 2 weeks or so . I was never one of those people who was gui obsessed but I'm certainly excited about its impending arrival. Agreed - I do think it is myopic to say it's 'no big deal' I have struggled through CLI learning curve on my Mac (with Saddam's encouragement and other's including Anon's kind offers of help) and no-one I know would even understand what I was talking about. With the increase in value - the temptation for hackers who must be salivating at one single exchange with (likely) so much stored wealth lying around (which, if they steal, cannot be traced, remember) will be incredible. Even MyMonero must have people snooping around looking for ways in. There could be a black swan event with only one exchange and a simple web wallet site out there, the compromise of either being something we could do without. Storing XMR safely is NOT easy for 99% of computer users - and even a few hundred is now money you can lose sleep over. Sorry to keep banging on, but I am one of these people - and there are many millions of me! |
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I went for 0.011-0.016
Monero may have quite a grow in the next months, but the history tells that winter use to be bad for Monero price, so I expect it to fall back by December....
Based on observation of two winters? It's not a snow to be cheap on winter. The weather is cloudy here, how it can affect price? Your guess is...? |
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I went for 0.011-0.016
Monero may have quite a grow in the next months, but the history tells that winter use to be bad for Monero price, so I expect it to fall back by December....
Based on observation of two winters? It's not a snow to be cheap on winter. The weather is cloudy here, how it can affect price? The end of the year dip was something I factored in too. Not that the weather that affects things, but taking profits at year end and other factors do. December lows and Feb breakouts have happened so far. Plus BTC is oversold IMHO and due a little run up before the end of year. These factors and the huge rise we have had, means we could easily retrace (against BTC if not USD) over the next few months. I actually voted for .0075 (yes, very pessimistic) but I would be FAR happier to see it hit .02 and higher, of course. 95% of people voted higher than me - but polls can often see the crowd being hopelessly optimistic and very wrong. I think Spring 17 will see it much higher than December 16 - but all this is based on gut feeling only. Sure, laugh at me if we're out in the Ort belt with $25 + per Monero in December by all means. But I won't see it, I will be on a beach somewhere celebrating the best Christmas ever |
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I will probably sign up for the Bitwala BTC credit card - I am not sure you can directly load it with XMR, but hey - the site will take XMR and convert. I need a good dig into costs and how rates / charges work, but it looks good. If you haven't looked, Fluffy Pony is in a short video being interviewed in front of what looks like a very swish wine collection by Amanda B Johnson. It's a little out of date "Monero is about 25c" (those were the days, eh?) but ahem - made me smile... http://about.bitwa.la/bitwala-is-now-accepting-monero/ |
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We have a history of August spikes and then sliding lower.
December lows are a norm, too - with a Spring breakout.
I think 0.0064 will be our low point and may be where we end the year. But anywhere up to 0.01 is possible.
I will plump for 0.0075
Anything above 0.0064 will be wonderful for me.
Edit - all subject to BTC not going way below current range (if it's way above I won't care).
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That's a 2 year old post you're referencing, kurious. Monero Core (0.9.4) has come a long way since then and I find the CLI very stable on OSX to be honest. I'm running it on El Capitan. No bugs. The only time I have problems is when I upgrade boost and need to resync my wallet cache but the average person isn't doing that. You should be able to download the binaries and get started right away. If you're up to trying it again I'd be happy to answer any questions https://getmonero.org/downloads/I have PM'd you, Saddam... Guidance appreciated if you're around |
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Last week went from .004 to .008 pretty sharpish....wondering if this week we just plough through from .01 to .02
Aminorex was spot of about this weekend 'coin of the hour'. I guess it will settle at some point - maybe the end of the weekend will cool it off? OTOH a lot of serious money will only see this on Monday.... The market cap pushing towards the 100 million level is huge news. Everything just changed - and I haven't had this much fun in crypto since 2103Reading up on the thread, but are you from the future? This is the perfect place to share any inside knowledge. Oops - well spotted. Not enough sleep in the past 24 hours watching this stuff develop... in mitigation, Your Honour. |
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Yep. That is exactly what I have done - and followed all this no problem. It needs no CLI, all makes sense and I don't need simple wallet. It was recovery that stumped me. Getting the test XMR funds back out - then it gets tough, you do need to use the terminal command line and have simple wallet to recover. Even MyMonero recovery requires SW to work. But I will spend another day with my G/f watching me on the computer with a frown on. It will cost me flowers and chocolates - at least |
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