I think monero is going to 0,01 or below because of btc's rising and the problem of jaxx integration. Xmr team shouldn't have let it.
BTC rising always pulled Monero with it. so I dont believe this time will be any different. This is not true. Only recently has the XMR/BTC price rose along with the price of BTC/Fiat. 2015 is a perfect example of this. Much of the price rises have seen an XMR price fall in terms of BTC and sometimes in the price of fiat. Chaos! It's almost as if none of the small fish have a clue! Even whales are caught off-side occasionally. I think there will be a rising tide, and only shit anchored too tightly will sink. Look at the wider world. Immediate and short term fluctuations are not of great importance, IMO. I've got a (small) speculative long open. If it starts rising, I will add to it. If it starts sinking, I will add to it.
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All is calm, waiting to see what bitcoin is going to do... To me it looks like it's going to explode. Soon. I bet that will give us another XMR spike down. And then?
Bought what I could @ 0.01221500. No more BTC left. I also topped up at .0122 Still somewhat apprehensive, knowing the BTC spike up usually pulls the rug out from XMR briefly.
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All is calm, waiting to see what bitcoin is going to do... To me it looks like it's going to explode. Soon. I bet that will give us another XMR spike down. And then?
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There are different type of adaption: 1) Speculation (short term buying and selling) 2) Bagholding (consider Monero as an asset and want to accumulate it as much as possible) 3) Transactional (buying illegal stuff mainly right now)
I think there's a 4th basic category of user adoption, which has not gotten very large yet *but* IMHO could potentially become the biggest one of all. Let's call them... 4) The FungibiliFreaks These would be bitcoin users who have been bitten by BTC's lack of true fungibility, i.e. people who have had a coinbase account closed on them due to 'tainted' coins coming into their wallet from 4+ hops earlier, etc., even if they themselves never did anything questionable at all. Stuff like this that we all *know* is going to be impacting BTC adoption and actual real-world *use* more and more over time, especially as the so-called "chainalysis" gets stronger. Personally, I am not doing it yet, myself, but more and more I feel like I may be turning into a FungibiliFreak, LOL What I mean by this is: lately I've been thinking that the best way to manage all my crypto-currency use the BEST way, is gonna be to simply keep nearly all of it in Monero, at first, and only quickly "flip over" some XMR, to BITCOIN, whenever I need it to be spendable... something like that. And then, when buying-back the BTC I've spent, before ever *using* it, I'd always FIRST put it BACK into the MONERO stash! Doing things this way, basically means XMR's fungibility is front-and-center, making all my crypto use "as good as cash", since any Bitcoin in my wallet was always first acquired "clean" from an untrackable Monero source (even if it's just a few dollar's worth, quickly and simply on Poloniex or thru ShapeShift). This would mean BTC only, small amounts, kept in a daily-use spendable wallet, but my REAL WEALTH stored in "bulk", long-term, safely, quietly, and privately in MONERO. What do you guys think...? Anyone else feel like they may be turning into a FungibiliFreak...? OR maybe you already *know* you ARE one?? LOL I admit to fungibilitiphilia. Not quite as far gone as you, but heading there. I determined that BTC was not what I wanted it to be, nor going where I wanted it to go a long time ago. The Monero road map suits me much, much better. It has been amazing to watch this project grow and mature. All of the things that seemed fantastic in 2014 are being implemented, and exponential growth on all fronts seems to be happening! Go Fungible Coin! IIRC Aminorex called $25 as a mode for 2017. With the financial world changing and rocking faster and harder, I think this ends up being a very conservative number. Starting the year over C$24 (Jan 4) was a great start in my book. A year will tell
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Just wondering how hard will be this down of BTC. Monero needs BTC, at least right now. I am sure this will be a crazy year. Hopefully bitstamp (I assume Coinbase is adding monero) adds it, if you carefully read email they sent to customers about XRP, they said, I quote: "As you would expect, we are very excited about making more services available to our customers. But the year is still young. Stay tuned for more developments as and when they arise!" Well, let's see if Monero "arise" on their platform Dreaming is free What's with the XRP listing? Why does it still exist?
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From what I can see, the fork is pretty much flawless, thus far. There will always be some stragglers, but hash rate and active nodes appears to be rockin' right along. Better than the last one (which was reasonably, um... smooth), and a good sign for the next one.
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Grab a rock, exhale, and try again! Funny as.. The way kids spell these days, who knows what the problem is Could add plug in your computer, or any number of other things. Zero details given, zero help returned. Might as well have a grin.
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Welcome to RingCT!
Fork all of you!
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Poloniex book steadily getting deeper... Action imminent?
This morning there were 270,000 XMR sell orders. And 3400 BTC buy orders. Now there is 264,000 and 3780, respectively. What are you seeing that makes you say that? I honestly want to know what you see. a few days ago was ~220k and 2800. Fairly steady uptrend, with the typical fluctuations along the way. Buys were well over 3800 at time of posting.
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Poloniex book steadily getting deeper... Action imminent?
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I need a few more weeks to accumulate Monero before everyone else realizes it will be added to Coinbase shortly. (I estimate it will probably be April/ May, but I would be very surprised if XMR was not added by the time summer came in the US- about six months from now.) LOL yeah... but remember how long it's taking the Jaxx guys to get their coding done. So, I'd think maybe coinbase will need a little more time to fully GROK Monero too: so hopefully there'll still be some time to Back Up The Truck Depends when they started working on it. We've been poking Kraken for years, with noncommittal responses, yet I had heard nothing about their pending XMR support before it was sprung in their blog on the day of release. Granted, I wasn't watching specifically, due to their negative or wishy-washy responses to me and others along the way. How much public notice was there for Bitfinex's announcement? As more players get involved, it will be a more streamlined process for those following. Snowballs grow quickly, after a certain point. Keep your eye on the ball
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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!
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seems relative trade volume (stamp, btce) for this rally compared to Nov 2013 is only a fraction.... anyone care to elaborate?
Check again when price is over $3000. The 'rally' hasn't yet begun. windjc this thread pretty much collapsed when Adam got the boot. Funny to see you here first time I check it in many many months
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I speculate thaT BTC WILL DROP SOON AND (FUCKING CAPS LOCK)
Wait? Why are you yelling at me? Because you are so stuck on him. Just back off, OK?
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They are in San Fransisco. They have swallowed up smaller exchanges globally for the last few years. Their CAN liquidity is shit, but options are few so I use it occasionally. More now that XMR is finally supported. And Yeah, their charts are horrible.
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Beat me to it! I was surprised no one did - only posted as it was so damn quiet and yet the good news is piling up out there. Gotta love XMR, been smiling like an idiot rather often of late. No volume on Kraken yet, I did check... I would put some coins up at silly prices, but I can't bear selling any After corresponding with them for years on the subject, and countless irrelevant emails from them, not a word do I receive when they finally wake up. WTF. I can't do it either, so I will send some fiat to liquidate instead
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Shame we can't send BTC and Cryptos to an address in a way that we can only access them at some time in the future. That way, we can't be tempted to spend them. I know Bitcoin has a lock_time facility for this, but it's been switched off so as not to bloat the network with maturing transactions. How about maturing those investments in another network, whose purpose is solely to mature, time_locked cryptocurrencies. Such an application could be built in to existing network nodes. Eg, a BTC or Altcoin Node, could also act as a node for this network. Transaction speed might not be that important, after all, If I send 1 Cryptocoin to myself to be accessed in ten years time, do I care if I get it at 9:am or 23:00pm or even if it is a day or two late.
Let the system continue to bloat, and your transaction won't process til then anyway
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I'm among the last to arrive, but.... Happy new Year folks
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There will never be a big crash ever again unless we experience a massive bull rally that makes us go from 1000 to 10000 […]
Every time in history when majority of people & experts believed that only in very strong circumstances there will be a drop back and unless this circumstances will come there will never be a big crash, guess what … it came a big crash. The higher this gets, the more fragile this is and the more sensitive everything is reacting to "bad" news … Just my 2 Satoshi. //alex This is not a high yet.... We have some ways to go through the last ATH and then an order of magnitude higher before I would consider a crash.. If the crash is premature then this isn't even time for the bull run yet.... It might go sideways for awhile before making another big run upwards. A note on ATH- USD is much stronger now than 3 years ago. We made new ATH in many currencies this month, like my worthless Canadian dollars. IIRC USD and CAD were relatively close to par in 2013, but we are around C$1350/BTC right now with USD 975/BTC. Perspective is important.
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