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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: August 12, 2022, 08:29:16 PM
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Holy transaction count, Batman! Lots of action ahead of the tx cost increase... I haven't seen it over 5000 tph previously. Did I miss it, or is this unprecedented?
I think it's mostly due to minexmr shutting down, but could be others consolidating outputs as well. Right! That should have occurred to me...
Yeah they are sending final payments, confirmed via IRC.
Thanks for the confirmation  |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: August 10, 2022, 12:14:16 AM
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Wow, just updated cake wallet to check out the gift card (Instant) addition and I gotta say I am IMPRESSED!
apparently you can buy the cards for the exact amount and use them at checkout.
Many places I can use Monero now and even with a discount!
Home Depot, Lowes, Autozone...Applebees...and the list goes on!
I haven't tried it yet but it sure looks like a game changer!
I got all excited, but then found that it is USA only. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: August 07, 2022, 08:20:34 PM
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THE MONERO MOON (ISSUE 52) IS OUT NOW! It covers all the latest Monero news throughout the past week in a curated fashion. Developments, tech, events, memes, general news, speculation, etc and more! https://www.themoneromoon.com/p/the-monero-moon-issue-52Also, The XMR/BTC 20 week SMA has just crossed over the 100 week SMA! The last time Monero's 20 week SMA crossed over the 100 week SMA was May 2016, sparking the beginning of the biggest bullrun XMR has ever seen! Recent bullish behavior brings me back for a peek... A repeat of the massive 2016 bull would be most welcome. Respect for keeping The Monro Moon going, too A nice bump up to wake up to this morning Seems to be holding on. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: July 30, 2022, 04:56:34 PM
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Speaking of tx count, it is nice to see it growing, apparently "organically", over the course of months and months, however, at current fee rates there is only about $500 worth of XMR paid out to miners each day in fees. I think after the upcoming hardfork that number should increase by a factor of 10x (?), so it will be interesting to see if tx growth continues to build (imo indicating real organic usage) or if it falls off (which may indicate someone was paying the fees to spam the chain either for chain analysis reasons or to simulate organic usage and pump price).
Wait, what happens with the hardfork and mining fees again? ...and when? |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: July 29, 2022, 12:28:00 PM
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THE MONERO MOON (ISSUE 52) IS OUT NOW! It covers all the latest Monero news throughout the past week in a curated fashion. Developments, tech, events, memes, general news, speculation, etc and more! https://www.themoneromoon.com/p/the-monero-moon-issue-52Also, The XMR/BTC 20 week SMA has just crossed over the 100 week SMA! The last time Monero's 20 week SMA crossed over the 100 week SMA was May 2016, sparking the beginning of the biggest bullrun XMR has ever seen!  Nice spot! I haven't looked at the weekly in forever. That brings back some strong memories. I have been watching the transaction count regularly for the last couple years though, and being on the cusp of 1000000 tx this month is pretty big news. XMR BTC Jul 2022 (est) 996,175 7,705,017 12.93% |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: July 23, 2022, 02:41:29 AM
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I hope you will invite me to your tropical paradise.
You have a standing invite when and if we get there.  You're just going to take all my corn (and cornero) at the poker table... But I will gladly come! Another tidbit... I do not usually go "fractal..." but have you seen the one cooking?  Looks good. Where do I sign up? I've got my eye on some new heavy equipment |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: June 14, 2022, 05:58:55 PM
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Wow... ETH is getting destroyed. And XMR is tracking with BTC. Going UP just a little against BTC. As far as the altpocalypse goes Monero is fairing better than most.   I don't know why, but it makes me smile to see ETH crashing  XMR going down with BTC seems like old news; nothing to see here, come back next year. I'm sad to say I have hardly transacted with XMR since the demise of XMR.TO. I've been away from crypto in general this year, living off grid in the mountains. I don't miss the computer or people or the rat race much at all (and now with Starlink I'm a bit connected again). Call me when I can buy a new excavator for a handful of XMR  |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: June 11, 2022, 09:53:42 PM
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I predict monsanto makes a run at 210 shortly.
Where's muh 210? Come On, Man! That next zero is waaaay overdue! Surely at least we can hold above 200 for a while. or forever. Perhaps "shortly" was a bad word choice. But I do mean soon. In the meantime we hang in the balance of bitcoin's existential dread. It's looking more like mid winter to me now. Maybe next year. No time to spend on it anyway. I had WAY more free time when I had a job. Now its just endless unpaid work Not complaining, I'm living the dream |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: May 23, 2022, 12:39:04 AM
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And Bitcoin, while also down is showing fairly strong support and not doing the sort of draw down we have seen in past bears. Many are still calling for Bitcoin to do something it never has and pull back to below the last cycle's highs.
This belief seems widespread, however it is false. Top of April 2013 was $266. Top of December 2013 was $1170. Bottom of August 2015 was $160. And I remember at the time, during the downtrend post December 2013 peak, many people could not envision the price going below 266$ because "the price never went below the last cycle high" (and despite this pattern being true at that time - unlike today, the pattern got broken). Nice catch... Maybe it's the preponderance of folks coming in between 2015-2017 that makes this belief popular. On to a chart. I have had these little lines on my monero USD chart for a while. We are fairly decisively busting through them, looks like. I think if we get the BTC run I am kind of expecting (just a little relief, or a start to a good little bull? dunno) then I could see XMR breaking back into the 200s range again soon.  We are so far overdue for a level-up, that it should be a whopping big one. Again. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: May 17, 2022, 03:53:02 PM
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Yes monero is the good investment still this project is active in the cryptomarket monero has good developers so the future of monero will be very bright there is no doubt currently the price of XMR is low and the cryptomarket situation is very bullish so holding is a good strategy. I've been busy with other things, and apparently I missed this! Crypto to the MOON! unless it went to zero... |
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: August 25, 2021, 09:38:18 PM
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DCA is probably better than buy the dip because DCA is more basic in terms of NOT having to attempt to figure out if there is a dip or not.
Sure buy the dip can supplement DCA, but I don't like it as much as a primary BTC accumulating strategy, and sure the more aggressive that a person is with the DCA, then maybe the less funds that would be available for buying the dip, but there should be practical ways to attempt to accomplish both.
Overall, I agree. If you factor the current point in the apparent cycle, however, I think putting stronger emphasis on buying the dip (definitely for the last few months, probably continuing for the next few months?) in addition to your methodical DCA schedule will be more rewarding. If I was accumulating now, I think I'd keep the pressure on BTFD under 100k. |
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: August 24, 2021, 09:18:00 PM
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@philipma1957
FFS dude, are you sure you should be linking an address with so many transactions publicly?
Think about your OPSEC.
I'm sure all that has gone through a KYC exchange and bank.  I guess he tried to point out that BTC adresses are resolvable and one could create a profile of pm1957's use of Bitcoin. Tracking adresses to businesses or individuals would be the simplest thing within the scope of that topic. EDIT: And as soon as you have a single transaction successfully mapped to the receiving individual, you could do things like call the receiver and "hi, this is agent herold bloblobrob from the fbi. You were receiving bitcoins a couple of years ago that were stolen. Can you look up/remember this transaction and possibly identify who sent it? For the love of your country..." And, well, Think Of The Children! |
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