Monero Economy

[rangedriver]

Very cool news indeed!

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[whoknowsthisnose]

to spread the information also in this thread:

I just got an answer to my ticket at CCEDK, how to verify my identity (the KYC-thing). As mentioned in their FAQ it neccessary to deposit/withdraw larger amounts of fiat (i. e. > 100 EUR).

With the permission of Ronny Boesing I paste it here for your information:

You are very welcome
|
| You are very welcome to send me following information, so we know you are you!
|
| Validation procedures: You may avoid any delays in regards to deposit and withdrawal in this matter by sending copy of passport or national ID to verify your identity, a copy of either utility or electricity bill to verify your address, and a phone number to verify these documents and yourself, should that be considered necessary. Please send these details via our mojohelp desk as per mentioned link:  http://ccedk.mojohelpdesk.com start new ticket, and mention in subject: Validation, User ID and User name. We will after receipt, delete from mojohelpdesk and save information on a secure server. All of this information will not be shared with anybody else, according to our privacy policy mentioned on site.
|
| Hope to have your info, and start deposit asap
|
| Once again welcome.
|
| Rgds
|
| Ronny Boesing
| CCEDK

[ronnyb]

to spread the information also in this thread:

I just got an answer to my ticket at CCEDK, how to verify my identity (the KYC-thing). As mentioned in their FAQ it neccessary to deposit/withdraw larger amounts of fiat (i. e. > 100 EUR).

With the permission of Ronny Boesing I paste it here for your information:

You are very welcome
|
| You are very welcome to send me following information, so we know you are you!
|
| Validation procedures: You may avoid any delays in regards to deposit and withdrawal in this matter by sending copy of passport or national ID to verify your identity, a copy of either utility or electricity bill to verify your address, and a phone number to verify these documents and yourself, should that be considered necessary. Please send these details via our mojohelp desk as per mentioned link:  http://ccedk.mojohelpdesk.com start new ticket, and mention in subject: Validation, User ID and User name. We will after receipt, delete from mojohelpdesk and save information on a secure server. All of this information will not be shared with anybody else, according to our privacy policy mentioned on site.
|
| Hope to have your info, and start deposit asap
|
| Once again welcome.
|
| Rgds
|
| Ronny Boesing
| CCEDK

Hello to you all.

I wish I could say Monero is up and ready for trading at CCEDK, we have however, run into some technical issues, that need some attention prior to us adding Monero address of CCEDK etc.

We expect to be up Monday latest. Might also be earlier,, but we have been fighting all today and yesterday in order to be ready but did not make sorry for that.

I hope to see you during the weekend, maybe we are lucky and get it up.

Rgds

Ronny Boesing
CCEDK

[ronnyb]

Launch Saturday October 4th, maybe even from the night Friday:
 
 
Monero (XMR) -    http://www.monero.cc...oads/index.html
 
Crypto Pairs:       XMR/BTC, XMR/LTC, XMR/PPC, XMR/BTSX , XMR/NXT                                   
 
Fiat Pairs:            XMR/EUR, XMR/USD, XMR/JPY, XMR/DKK, XMR/RUR

More information on following thread:

https://cryptocointalk.com/topic/17639-october-news-at-ccedk-2fa-dropdown-menu-happy-hour-maraton-trading-and-100-trading-pairs-end-of-first-week/


Quote

“Are you all ready for this? I hope to see you on the exchange this week, to do some trading and to experience our new features like the 2FA and Dropdown menu as well.”
 
 
 
Feel free to make twitter of below, or go to @CCEDK_ to follow and retweet:
 
 CCEDK ApS @CCEDK_
A Currency A Day - Danish Echange CCEDK to Launch 6 Crypto Coins in One Week! -https://cryptocointa...-in-one-week/ … #altcoin via @cryptocointalk
 
@CCEDK_
If We Can’t Use PayPal 100%, What Is the Purpose Then?” – Ronny Boesing, CEO CCEDK:http://cointelegraph.com/news/112630/if-we-cant-use-paypal-100-what-is-the-purpose-then-ronny-boesing-ceo-ccedk …
 
 
 
Yours Sincerely,
 
Ronny Boesing
 
CEO
 
 
CCEDK / Crypto Coins Exchange Denmark ApS
 
DK-9492 Blokhus
 
Phone office: +45 36 98 11 50
 
 
Web: www.ccedk.com
Mail: ronny@ccedk.com
Twitter: https://twitter.com/CCEDK_
Facebook: https://www.facebook.com/CCEDK
Reddit: http://www.reddit.com/user/ccedk/
 
 
Forums:
 
Bitcointalk as ronnyb, https://bitcointalk.org/index.php?topic=706347.0
Litecointalk as CCEDK, https://litecointalk...97812#msg197812
Peercointalk as ccedk, http://www.peercoint...g30545#msg30545
Nubits as ccedk, http://www.peercoint...g33050#msg33050
Nxtforum as ccedk, https://nxtforum.org...-for-nxt-ccedk/
Cryptocointalk as ccedk, https://cryptocointa...ivity&mid=16143
Bitcointa.lk as ronnyb, https://cryptocointa...ivity&mid=16143
Bitcoin Garden as ccedk, http://bitcoingarden...g73645#msg73645
 

Great news a xmr/eur , wish a good rate
And how is the withdraw of the money ? Bank sepa transfert ?

SEPA is good, as well as any other currencies mentioned by SWIFT transfer.

[NewLiberty]

to spread the information also in this thread:

I just got an answer to my ticket at CCEDK, how to verify my identity (the KYC-thing). As mentioned in their FAQ it neccessary to deposit/withdraw larger amounts of fiat (i. e. > 100 EUR).

With the permission of Ronny Boesing I paste it here for your information:

You are very welcome
|
| You are very welcome to send me following information, so we know you are you!
|
| Validation procedures: You may avoid any delays in regards to deposit and withdrawal in this matter by sending copy of passport or national ID to verify your identity, a copy of either utility or electricity bill to verify your address, and a phone number to verify these documents and yourself, should that be considered necessary. Please send these details via our mojohelp desk as per mentioned link:  http://ccedk.mojohelpdesk.com start new ticket, and mention in subject: Validation, User ID and User name. We will after receipt, delete from mojohelpdesk and save information on a secure server. All of this information will not be shared with anybody else, according to our privacy policy mentioned on site.
|
| Hope to have your info, and start deposit asap
|
| Once again welcome.
|
| Rgds
|
| Ronny Boesing
| CCEDK

Hello to you all.

I wish I could say Monero is up and ready for trading at CCEDK, we have however, run into some technical issues, that need some attention prior to us adding Monero address of CCEDK etc.

We expect to be up Monday latest. Might also be earlier,, but we have been fighting all today and yesterday in order to be ready but did not make sorry for that.

I hope to see you during the weekend, maybe we are lucky and get it up.

Rgds

Ronny Boesing
CCEDK

If it is something Monero specific, we may be able to help.

[rpietila]

I am still interested in providing liquidity to the fiat market. To get the kind of people that we want involved (investments of 1000-100,000 €) there needs to be a lot of liquidity.

Out of my memory as an emerging silver trader in 2008, if the price moves 20% with a 5,000 € trade, it's all but useless.

Therefore in Silverbank, the price moves only 1% with a 8,000 € order (IIRC). Even this is not considered very good liquidity, because a modest 50 k€ order moves the price 6%, and of course quickly moves back leaving the buyer a 6% worse buy-in price.

Currently a 8,000 € order in Poloniex would move the price 15%, which is very lamentable and totally unacceptable.

[Ultros]

Poloniex still a small exchange, liquidity is set to improve a lot when Cryptsy start trading Monero.

The same has been said about Mintpal. It's not guaranteed.

[rpietila]

I am still interested in providing liquidity to the fiat market. To get the kind of people that we want involved (investments of 1000-100,000 €) there needs to be a lot of liquidity.

Out of my memory as an emerging silver trader in 2008, if the price moves 20% with a 5,000 € trade, it's all but useless.

Therefore in Silverbank, the price moves only 1% with a 8,000 € order (IIRC). Even this is not considered very good liquidity, because a modest 50 k€ order moves the price 6%, and of course quickly moves back leaving the buyer a 6% worse buy-in price.

Currently a 8,000 € order in Poloniex would move the price 15%, which is very lamentable and totally unacceptable.

Poloniex still a small exchange, liquidity is set to improve a lot when Cryptsy start trading Monero.

Hardly, because we are the liquidity. The ask side is dependent on people with XMR to list them for sale. Why I mentioned this in connection to [5-letter exchange starting with "C"], applies as well to cryptsy. We are needed to supply the liquidity to the new exchanges. They do not supply liquidity to us.

[rpietila]

Nekomata,

You did not understand the context. I was volunteering to bring the XMR to a new exchange to meet the buyers there.

Cryptsy similarly, needs me and the other whales to come there, otherwise it will not have the liquidity.

Liquidity requires both buyers and sellers present in sufficient sizes and numbers.

[whap]

Poloniex still a small exchange, liquidity is set to improve a lot when Cryptsy start trading Monero.

The same has been said about Mintpal. It's not guaranteed.

yeah, Monero needs the GUI and db finished, time is running out.

That's an important point. Day by day competition grows, should Monero lose its attraction of being a revolutionary technology due to other coins providing similar features interest may fade to more apealing and user friendly projects. Keep in mind the vast number of non-technical people involved in the altmarkets, what they need is a friendly smile telling them they made the right decision choosing this particular coin.

[rpietila]

You know what we are soon doing in the MEW?

We glean through all the threads and take all the improvement ideas, and allocate them to people so that they can just accomplish everything at the same time. This was the masterplan of MEW all along! 

I mean business.

[whap]

well that sounds like a solid plan 
so instead of only shouting out concerns i would like to contribute as well, although i can not offer that much. but should the forthcoming winter be a freezing, fingercrippling burden for MEW's evolution up there in malla i invite you to work from one of our hammocks in sunny uruguay, our hostel offers plenty of space for crypto enthusiasts and will accept XMR as soon as it gets ready for the public.

considering joining MEW meanwhile...

[David Latapie]

The official monero forum has a category devoted to economy and trading: https://forum.monero.cc/2/economics-and-trading

Personally, I won't visit this thread anymore, I will follow the monero.cc one. I encourage you to do the same.
For more on what the new forum promises, read MMM13.

[aminorex]

The official monero forum has a category devoted to economy and trading: https://forum.monero.cc/2/economics-and-trading

Personally, I won't visit this thread anymore, I will follow the monero.cc one. I encourage you to do the same.
For more on what the new forum promises, read MMM13.

sadly i can never seem to login there.

[pa]

The official monero forum has a category devoted to economy and trading: https://forum.monero.cc/2/economics-and-trading

Personally, I won't visit this thread anymore, I will follow the monero.cc one. I encourage you to do the same.
For more on what the new forum promises, read MMM13.

sadly i can never seem to login there.

That's odd, I never had a problem logging into https://forum.monero.cc
Perhaps an email address is required to register?

[aminorex]

i registered and logged in a couple of times when it opened but now it refuses me as my account is  "inactive".

re: economy, there is a merchant processor of btc, easybitz, which does the grassroots level work of setting up bodegas and such around new york city with the ability to easily accept btc.  if there were a forwards or futures market for xmr, and a significant xmr clientele, i think it  would be any easy sell to get them to support xmr.

[onemorebtc]

here is an intersting discussion about bitcoins fungibility asserting that it is not fungible because it leaves traces on the blockchain and therefor it is possible to see which btc was owned by whom.

i think it is intersting to note that if this is true (means a judge sees it that way), than monero (or other cn coins) would be the only fungible coins

https://bitcointalk.org/index.php?topic=834089.0

[rpietila]

here is an intersting discussion about bitcoins fungibility asserting that it is not fungible because it leaves traces on the blockchain and therefor it is possible to see which btc was owned by whom.

i think it is intersting to note that if this is true (means a judge sees it that way), than monero (or other cn coins) would be the only fungible coins

https://bitcointalk.org/index.php?topic=834089.0

Both of them are meant to be fungible (common sense tells so). If a judge or lawmaker wants to distort justice (which is what they are for, unfortunately), infringing Bitcoin's fungibility might be easier because the ledger is public. Monero needs to be outlawed and defined that all moneros participate in sins of all their past owners.

That they do not assume the Pharaohs' sins themselves, yet possess their gold, just shows that it is not about logic, it is about power and how much it is possible to lie to the people.

[equipoise]

I'm now a small part of the Monero Economy. You could hire me with XMR.

I'm accepting XMR and BTC for freelance programming and services.
My oDesk freelancer profile: https://www.odesk.com/o/profiles/users/_~016dd695b0c5edba31/
About me: http://changetheworldwork.com/about-me/

We could use trusted escrow for the transactions.

[TrueCryptonaire]

2 da m00n !!!
(somebody had to post it )

On a serious note: I don't think it is overvalued at the moment.
When the GUI + pool is ready, and we are on a real exchange, I guess MRO can become a top10 coin in market cap very soon.
A valuation of 10 million USD is not impossible in the short term. Asuming 1 million coins in the near future => 10 USD/MRO = 23 mBTC.

Current exchange rate is 1.75 mBTC

so let's be conservative. A tenfold increase seems to be realistic...

I have to admit you guessed pretty well the price where Monero is in bitcoin terms - it still is around 0.002'ish.
Congratulations.