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Author Topic: Monero Rise : Stolen Funds moving into XMR  (Read 963 times)
cryptosecurity (OP)
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August 21, 2017, 10:52:48 AM
Last edit: August 21, 2017, 11:11:19 AM by cryptosecurity
 #1

Code:
10	Monero Monero	$1,338,313,681	$89.50	14,953,626 XMR	$148,890,000	71.55%

Monero up already 70% today.

What's happening? ETH scammers and hackers moving stolen funds to Monero XMR?

XMR best for money laundering?!
IAmLucas
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August 21, 2017, 11:04:05 AM
 #2

see https://bitcointalk.org/index.php?topic=2107554.0
renes
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August 21, 2017, 11:09:43 AM
 #3

It is about bithumb not hackers' funds. I am very happy to see monero above 1 billion market cap even though I don't have monero. It is one of the few good coins.
cryptosecurity (OP)
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August 21, 2017, 11:10:27 AM
 #4

If you have XMR dump it quickly -  prices are completely unreal

Huge dump has already started

--
Just a classic and stupid pump and dump
IAmLucas
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August 21, 2017, 11:11:08 AM
 #5

If you have XMR dump it quickly -  prices are completely unreal

Huge dump has already started

--
Just a classic and stupid pump and dump

We shall see, I'll message you back in a year!
cryptosecurity (OP)
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August 21, 2017, 11:11:44 AM
 #6

If you have XMR dump it quickly -  prices are completely unreal

Huge dump has already started

--
Just a classic and stupid pump and dump

We shall see, I'll message you back in a year!

Be careful mate it's just a classic bloody pump and dump
You can take the profit while you can... it's not sustainable and it's not real
TheFriends
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August 21, 2017, 11:15:44 AM
 #7


Now Monero has a market with more than 1BI.

It seems that the Korean market is moving a lot of money into crypto. Some coins are rising due to Korea.


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IAmLucas
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August 21, 2017, 11:16:17 AM
 #8

If you have XMR dump it quickly -  prices are completely unreal

Huge dump has already started

--
Just a classic and stupid pump and dump

We shall see, I'll message you back in a year!

Be careful mate it's just a classic bloody pump and dump
You can take the profit while you can... it's not sustainable and it's not real

I agree that the current pump will most likely retrace, but I think the coin does have real longevity potential. I have a small sub 1k investment so will ride it out and see.
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August 21, 2017, 11:40:30 AM
 #9

things are getting too obvious sometimes. a very mediocre news about some altcoins starts and then they use it as a pumping fuel for the rocket to push the price up high. and this is one of the most classic cases of this kind of pump, people FOMO buy it and then they even forget why they did it in the first place.

Holding Bitcoin More Every Day
enhu
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August 21, 2017, 11:48:37 AM
 #10


I thought it was the start of SEC intervening crypto projects. I think its possible that people are going to be moving their funds to XMR later when one day SEC monitoring starts. This is going to be slow moment for the teams developing a serious project and I guess those coins involving privacy will have better prices.

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TheKubizz
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August 21, 2017, 12:44:20 PM
 #11

Pump and dump - lucky you who sold - unfortunately I moved out of Monero about month ago now. Also possible it was because of Monero to be listed on Bithumb. But there is NO WAY to rise 70% cause of that.
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August 21, 2017, 04:54:15 PM
 #12

Code:
10	Monero Monero	$1,338,313,681	$89.50	14,953,626 XMR	$148,890,000	71.55%

Monero up already 70% today.

What's happening? ETH scammers and hackers moving stolen funds to Monero XMR?

XMR best for money laundering?!

Yes. Chinese governors start so use Monero to move their wealth out of China without the Xi Jinping and  Communist Party of China noticing that.
justin86
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August 21, 2017, 05:14:31 PM
 #13

Code:
10	Monero Monero	$1,338,313,681	$89.50	14,953,626 XMR	$148,890,000	71.55%

Monero up already 70% today.

What's happening? ETH scammers and hackers moving stolen funds to Monero XMR?

XMR best for money laundering?!

Yes. Chinese governors start so use Monero to move their wealth out of China without the Xi Jinping and  Communist Party of China noticing that.

No, if you don't turn your coins into a currency, and don't associate your identity with your addresses, even if all transactions are traceble, you are still anonymous.

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August 21, 2017, 05:29:22 PM
 #14


I thought it was the start of SEC intervening crypto projects. I think its possible that people are going to be moving their funds to XMR later when one day SEC monitoring starts. This is going to be slow moment for the teams developing a serious project and I guess those coins involving privacy will have better prices.
Pretty sure thats the reason why most new projects are avoiding the US market to protect themselves from been hit by a SEC raid and if they do allow investors from the US the certainly have to invest in a good legal team to prepare for anything. Whatever the reason for the surge monero has been missing in action with so many people in need of its specialty this day was bound to come.

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