THE RISE AND RISE OF MONERO

[xmrlove]

dump XMR, buy SLING

Forget about SLING you should buy XMR instead.

Axxo? As in the Axxo from back in the good ol torrent days? - you are a legend my friend. - Respect.

[1714943499]

1714943499

[1714943499]

1714943499

[aminorex]

Good time to buy I think.

Looking for Litecoin market cap.  Can we do it?  Yes, we can.

[Dafar]

Good time to buy I think.

Looking for Litecoin market cap.  Can we do it?  Yes, we can.

At the top of the pump..... good time to buy... LMAO!! 

[dukeneptun]

dump XMR, buy SLING

Forget about SLING you should buy XMR instead.

Yea dont buy sling. XMR is way better then sling anyday of the week.

[dukeneptun]

Good time to buy I think.

Looking for Litecoin market cap.  Can we do it?  Yes, we can.

At the top of the pump..... good time to buy... LMAO!! 

No its time to sell but if your selling to buy sling your crazy.

[Sailthor555]

Shouldn't this be the Rise and FALL of Monero?


There is no continued rise, the dump will happen. At this moment we are all playing roulette on when it will all come down. The thing that is keeping the price up is the hype around DNM adoption.

Come Sept 1, when DNM Oasis and AlphaBay both starting using XMR... if for some reason we low volume or lower than expected usage I can see the price come tumbling down. But from now to Sept 1st everyone is riding the hype train and it is much harder to manipulate the price down. 

Of course long term I'm bullish, and I think 0.02 will happen... but I'm a little worried about the first week of Sept. Too much hype always leads to some form of disappointment

Lets go first with 100 millions $, then $10 a coin. After that we can go higher.

Both of those things already happened earlier today.
What's next?

0.02 sounds like a no brainer to me, especially relative to the market caps of LTC and ETH. Then $500M market cap


M i rite guys?

Exactly. This is just a normal pump and dump that people have rode the bandwagon too late

[BitLinkInvestments]

I dont think right now is the best time to invest in monero I'm gunna let it dip down a bit before I buy in.  No transactions are actually being done with this currency just yet.  Maybe within a couple of weeks i can see the price spiking again depending of the vendors on these Darknet sites actaully start using the coin

[owlcatz]

I dont think right now is the best time to invest in monero I'm gunna let it dip down a bit before I buy in.  No transactions are actually being done with this currency just yet.  Maybe within a couple of weeks i can see the price spiking again depending of the vendors on these Darknet sites actaully start using the coin

I would agree, since I invested in this coin over 2 years ago. This price could simply vanish overnight right now. It has made many people very rich in just a week - I can say that for a fact, but it has a long haul ahead already as well.

[elkrisi]

It's September 1st now and it's going sideways between 0.015 - 0.014
This was such a huge pump that people can easily make money even if price goes down to 0.013, buying volume spiked around this price on the way up.
Unless one is truly convinced about long term value this is not the time to buy.

[alyssa85]

There is no continued rise, the dump will happen. At this moment we are all playing roulette on when it will all come down. The thing that is keeping the price up is the hype around DNM adoption.

Come Sept 1, when DNM Oasis and AlphaBay both starting using XMR... if for some reason we low volume or lower than expected usage I can see the price come tumbling down. But from now to Sept 1st everyone is riding the hype train and it is much harder to manipulate the price down. 

So... Any news on this? Are volumes holding up, are people actually using this thing?

[Emoclaw]

There is no continued rise, the dump will happen. At this moment we are all playing roulette on when it will all come down. The thing that is keeping the price up is the hype around DNM adoption.

Come Sept 1, when DNM Oasis and AlphaBay both starting using XMR... if for some reason we low volume or lower than expected usage I can see the price come tumbling down. But from now to Sept 1st everyone is riding the hype train and it is much harder to manipulate the price down. 

So... Any news on this? Are volumes holding up, are people actually using this thing?

Out of all listings on Alphabay, which add up to 46878 at the time of this post, 2561 accept Monero already. This is roughly 5.5%.
Vendors are conducting 'experiments' by accepting Monero only on few of their listings, to see if there is any interest. We should see rapid adoption when (and if) people start using XMR to buy stuff.

[BigSirko]

Monero's anonymity is not 100% proven nor time-tested yet and Monero is harder to liquidate for cash.  

I suspect most DNM vendors will continue to use Bitcoin, because Bitcoin has the network effect and illegal Bitcoins can be laundered over-the-counter cash through sites like localbitcoins.

http://www.coindesk.com/localbitcoins-users-criminal-charges-florida/

Cases like the above are probably the exception in terms of launderers being caught.  Whereas someone trying to unload Monero on the exchanges will probably get caught due to all the trails and investigations of coins on those exchanges.  No one in the world has heard of Monero, so you can't do cash launder deals like Bitcoin.  All these criminal vendors on the darknet have overhead and other expenses and thus non-liquid Monero does not help them to run their businesses.

As for someone like Roger Ver shilling for Monero - it's NOT the first alternate he has shilled for, he used to shill a lot for Ripple and also Applebytes, I think, and other alternates.

[aminorex]

Monero's anonymity is not 100% proven nor time-tested yet and Monero is harder to liquidate for cash.  

I suspect most DNM vendors will continue to use Bitcoin, because Bitcoin has the network effect and illegal Bitcoins can be laundered over-the-counter cash through sites like localbitcoins.

http://www.coindesk.com/localbitcoins-users-criminal-charges-florida/

Cases like the above are probably the exception in terms of launderers being caught.  Whereas someone trying to unload Monero on the exchanges will probably get caught due to all the trails and investigations of coins on those exchanges.  No one in the world has heard of Monero, so you can't do cash launder deals like Bitcoin.  All these criminal vendors on the darknet have overhead and other expenses and thus non-liquid Monero does not help them to run their businesses.

As for someone like Roger Ver shilling for Monero - it's NOT the first alternate he has shilled for, he used to shill a lot for Ripple and also Applebytes, I think, and other alternates.

Are you a buyer or a seller?

[Azael]

I think ETC reach 1 BN before XMR.

[dukeneptun]

Its a little much now. Time for monereo to be worth a few dollars again so I can load up.

[TheFuzzStone]

Good news from Livecoin

New trading pairs

Dear clients, new markets XMR/BTC and XMR/USD is available for trading. You may read more details about this coin following this links: Monero and CoinMarketcap.

Wishing you good trading!

[cointabo]

Buy now or cry later.

[jmpFCE2]

Nice pump , even got some ETH hashrate on monero

So cheers , thx!

[bbc.reporter]

There is no continued rise, the dump will happen. At this moment we are all playing roulette on when it will all come down. The thing that is keeping the price up is the hype around DNM adoption.

Come Sept 1, when DNM Oasis and AlphaBay both starting using XMR... if for some reason we low volume or lower than expected usage I can see the price come tumbling down. But from now to Sept 1st everyone is riding the hype train and it is much harder to manipulate the price down. 

So... Any news on this? Are volumes holding up, are people actually using this thing?

Out of all listings on Alphabay, which add up to 46878 at the time of this post, 2561 accept Monero already. This is roughly 5.5%.
Vendors are conducting 'experiments' by accepting Monero only on few of their listings, to see if there is any interest. We should see rapid adoption when (and if) people start using XMR to buy stuff.

It is funny because I am thinking which Monero holders will now buy drugs on Alphabay. The best move for the Monero team right now is to set up more infrastructure to buy XMR easier for those people who are interested. It would be better for more shapeshift type of service where the buyer can be anonymous. So maybe a service like localbitcoins for the darknet is a good idea.

[owlcatz]

It is funny because I am thinking which Monero holders will now buy drugs on Alphabay. The best move for the Monero team right now is to set up more infrastructure to buy XMR easier for those people who are interested. It would be better for more shapeshift type of service where the buyer can be anonymous. So maybe a service like localbitcoins for the darknet is a good idea.

As a longtime XMR holder, I can tell you this was never about drugs or DNM's, it was about true digital cash/fungibility without repercussions.

Thanks.

BTW. I am trying,see my sig!?