[XMR] Monero Speculation

[TrueCryptonaire]

Maybe they mean internal blockchains, maybe they're referring to a more confidential Bitcoin, maybe they want Monero, maybe they hedge a bit and keep an eye on all disruptive developments...

I can tell you this: Every single person from Goldman (and every other bank or prop shop or family desk or money manager) that I have spoken with mono-á-mono in the past 2½ years has bought some XMR for their personal.  Never more than a few thousand.  And I don't think any are selling yet.  If they were, I would mock them viciously: DNMs are step 1.  And we haven’t even made it half way through step 1 yet.  This thing has its best years ahead of it.  We can actually afford software now.

When are you seeing the hedge funds are going to pay attention to Monero?
If the managers are having coins in their personal portfolios it should be in their personal best interest to pump Monero to the moon and that can be done via new money flowing into the coin marketcap of Monero.

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[TrueCryptonaire]

Care to share an update on this? How is the 1 Dark coin performing in your portfolio?

Heh... well, still down a couple bucks I guess. I dunno exactly. Kinda don't care. I may go and gamble it away on that new dash casino site LOL

Or, hey, maybe it's time to buy another one with my JuJu and make a DashCrash again?

Oh, who am I kidding? To REALLY make the DashPump bubble finally POP permanently, I'd probably have to buy back ALL the Dash I sold off!  

Really can't afford that, guys.  Sorry LOL

P.S. {Edit} By the way, thanks to all for more comments above about my DashPump theory. I guess I said it best myself already in an earlier post, "Can't Win 'Em All", right? I've been assuming that missing out on the Dash rise could mean ultimate crypto investing failure, BUT you guys are right: that'll only be true if Dash succeeds and every other coin (including bitcoin) totally fails! Not likely. So, gotta just let one go once in awhile I guess, and assume overall I'll still be fine with HODL'ing everything else (especially Monero) that I still have.

Also selling off Dash before the big rise is only looking like a "mistake" right now: WHEN (not if) the Big Dump comes it's gonna be a Smart Move in hindsight (or at least "neutral" and not really any mistake, LOL)

Looks like in terms of bitcoins, you investment was solid. Not necessarily so much in terms of fiat though.
You can spend the Dark coin to buy 1 oz of gold if they are able to pump it over 1000 usd each as one of the threads suggests... I hope they will not succeed in that though because that could be harmful for XMR (it is hard for XMR to maintain that high marketcap)...
I actually tried to scare them from pumping to 1000 usd each (by hinting the Dark coin community with possible attack).

[TrueCryptonaire]

More Monero volume on Polo than Dash....

Price is nice - and if rangedriver is right, well - who needs marketing, rather than superior tech?

Dark coin. And that's why it is threatening bitcoin soon.... 

[Hueristic]

I made an account at kraken to have a USD/XMR pair without a BTC intermediary but they dicked around with me so fuck them and I still use Coinbase albeit at a 2k limit but that is fine by me and they can give the IRS all the info they have on me for all I care. I'll keep using them until they screw me so I'm looking forward to them adding XMR. At least they cannot pull an Exit scam like all these other exchanges that have. Polo as well cannot, that is one great thing about the KYC they now must answer too, they are known and locked in which makes your coins safe from them but not safe from the gov. So if your afraid of the gov getting your coins then use the shadey places or escrowed systems.

[Billy Bunter]

What is the point of having Monero on coinbase?

Coinbase has some six million accounts - people who are happy having online wallets and trust them to be secure. Coinbase - much like they did/do with Ethereum - would actively market Monero to its existing customers. They would, in effect, do the marketing job for us. That could be huge.

 - Coinbase have publicly stated that they would add new currencies this year.
 - Fluffy was invited to give a presentation there earlier this year. By all accounts it was well received.
 - The Coinbase product manager recently published a beginner's guide to Monero, just as she did for Ethereum a few weeks ago. This was written in conjunction with Coinbase engineers. Coincidence? Possibly, but unlikely.
 - The Director of Engineering - Charlie Lee - at Coinbase has publicly stated he thinks Dash is a scam.

So if Coinbase are gong to add a new currency and if it's not Dash, what's left? Given the (admittedly few) pointers, I would suggest Monero is a good bet.

It is neither illegal to own, buy or sell Monero. If Coinbase have a couple more hurdles to jump selling Monero than they would otherwise have selling another currency, then so be it. It's not a big deal for them. My money is on Coinbase offering Monero in the not-too-distant future.

Edit: Just noticed that Brian Armstrong, CEO of Coinbase, tweeted the Guide to Monero referenced above. If that isn't a recommendation, what is?

[mnemonicsoup]

More Monero volume on Polo than Dash....

Price is nice - and if rangedriver is right, well - who needs marketing, rather than superior tech?

Dark coin. And that's why it is threatening bitcoin soon....  

Are you serious? Or just trying to pump your little dash stash because you know you're sitting on a ticking time bomb?

All the people in crypto who are not just some pump and dump investors but have a little brain wouldn't touch dash with a ten foot pole (except of maybe Roger Ver who is pumping dash for his own BTU agenda cause it's the cheapest coin to pump and because it's in reality the smallest threat to BTC).

[aminorex]

Busy lately. 

Nice price ramp.  Lagging dash and zec right now, but that can't last forever.  Just wish we had better software.  I won't have time to put into it until late April, realistically.

BTC fork fears should create some good btc accumulation opportunities.  Whether they can offer a levered entry into XMR, is hard to predict, however.

[explorer]

Brace yourselves, aminorex is among us.

We just had to top the cheap 0.018 marker again.

[Makka]

Brace yourselves, aminorex is among us.

Is he part of the Monero team?

[TrueCryptonaire]

Busy lately. 

Nice price ramp.  Lagging dash and zec right now, but that can't last forever.  Just wish we had better software.  I won't have time to put into it until late April, realistically.

BTC fork fears should create some good btc accumulation opportunities.  Whether they can offer a levered entry into XMR, is hard to predict, however.

I knew you will be back any day.
Welcome, nice to see you. I hope you are doing fine.

[moneyLooser]

I just read that AlphaBay is now accepting Ethereum as a coin. I think that this won't make XMR's life easier. Especially not when all are in the hype of ETH.

Sad that XMR couldn't really use the momentum. But hey it has always a positive side. We probably can rebuy at 0.0080 again soon I hope so very much. But staying at this is also ok or going higher...but I am happy sold at ATH...always found a greater fool

[rangedriver]

We probably can rebuy at 0.0080 again soon

Not gonna happen.

[rangedriver]

[mnemonicsoup]

I just read that AlphaBay is now accepting Ethereum as a coin. I think that this won't make XMR's life easier. Especially not when all are in the hype of ETH.

Sad that XMR couldn't really use the momentum. But hey it has always a positive side. We probably can rebuy at 0.0080 again soon I hope so very much. But staying at this is also ok or going higher...but I am happy sold at ATH...always found a greater fool

There is no such thing as the fight for the ONE crypto. The future will hold many cryptos just like different currencies.

XMR has enjoyed plenty of momentum, within the last two weeks the price has gone up almost 100%. In November the price was at 4$ and now it's at 20$. This pace and growth rate is perfect.

[kurious]

I just read that AlphaBay is now accepting Ethereum as a coin. I think that this won't make XMR's life easier. Especially not when all are in the hype of ETH.

Sad that XMR couldn't really use the momentum. But hey it has always a positive side. We probably can rebuy at 0.0080 again soon I hope so very much. But staying at this is also ok or going higher...but I am happy sold at ATH...always found a greater fool

Monero is usually in a much steadier price range - far more practical.  And er... Privacy is a feature.

[kurious]

Busy lately. 

Nice price ramp.  Lagging dash and zec right now, but that can't last forever.  Just wish we had better software.  I won't have time to put into it until late April, realistically.

BTC fork fears should create some good btc accumulation opportunities.  Whether they can offer a levered entry into XMR, is hard to predict, however.

Welcome back, Aminorex.

You've been missed.   

[KeyJockey]

Busy lately. 

Nice price ramp.  Lagging dash and zec right now, but that can't last forever.  Just wish we had better software.  I won't have time to put into it until late April, realistically.

BTC fork fears should create some good btc accumulation opportunities.  Whether they can offer a levered entry into XMR, is hard to predict, however.

As sure a sign as any that things are on the UP...

Aminorex, a hearty welcome back to this thread!

I've seen a few of your comments on ZeroHedge over the last months (bringing the light of Monero Truth to folks there often in bitcoin articles) so we knew you were okay and still out there, but your informed presence here has been sorely missed.  Good to see you back 

[mnemonicsoup]

I had recently read another interesting article about this: http://www.zerohedge.com/news/2017-03-18/signs-silicon-valley-tech-bubble-about-burst

What effect would the bursting of the silicon valley tech bubble have on crypto? On the one hand money could flee into crypto, on the other hand trust in fintech could take a hit...

[Dotto]

God save Aminorex!

I had recently read another interesting article about this: http://www.zerohedge.com/news/2017-03-18/signs-silicon-valley-tech-bubble-about-burst

What effect would the bursting of the silicon valley tech bubble have on crypto? On the one hand money could flee into crypto, on the other hand trust in fintech could take a hit...

The facts seems solid, that bubble is about to burst. But crypto is here to stay and grow. And grow. And take the whole economy in his shoulders. Maybe it take a hit on the burst, maybe not. I say not.

[TrueCryptonaire]

I just read that AlphaBay is now accepting Ethereum as a coin. I think that this won't make XMR's life easier. Especially not when all are in the hype of ETH.

Sad that XMR couldn't really use the momentum. But hey it has always a positive side. We probably can rebuy at 0.0080 again soon I hope so very much. But staying at this is also ok or going higher...but I am happy sold at ATH...always found a greater fool

I know people like you.
They tend to brag how they bought their coins on the absolute floor and sold all out at the very peak to the "greater fool".

I have no clue where it goes from here... Still the ATH is not even touched so kinda bearish sentiment here but I am hopeful that my bearishness turns to the euphoria.
Bear in mind, Dark coin cost yesterday 0.12 btc or so and a while ago you were able to convert Moneros to Dark coins at the ratio of 1:1.
If I am not mistaken, Roger Ver is behind the Dark coin pump and he has told according to Bitcoin Meister that he also likes Monero so perhaps Monero is the next coin that will get the pump, what do you think?