[XMR] Monero Speculation

[kurious]

There has been enough said on this whole affair now.  

I assume we can agree we both share an interest in the best truly fungible digital currency and wish all the devs and Monero well.

Yes indeed!  Barolo and hugs all around!   

Cheers!

A good Barolo would be nice, but I am still looking for Monero to give me an excuse to open the last of these I have left.

[1714856612]

1714856612

[1714856612]

1714856612

[kurious]

Someone wants some Monero...

Just watched a single buy of 2500-ish I think.  Nice action.

[viralz]

A decent Coindesk article on Monero, linked near that chart:

http://www.coindesk.com/what-to-know-before-trading-monero/

Worth a read...

unusual for coindesk. Quite balanced and largely correct....FP stunt ? (;-)


Ah just noticed: 1st on page 1500! yeah!

By the way, it is funny that you wrote:
Ah just noticed: 1st on page 1500! yeah!

I was looking for any news here and you wrote something important, LOL

[cryptimus prime]

XMR is on the Huobi list of coins they want to list in future on their exchange: https://twitter.com/cnLedger/status/869046697992650753

[CryptoPH]

XMR is on the Huobi list of coins they want to list in future on their exchange: https://twitter.com/cnLedger/status/869046697992650753

And Dogecoin is even higher in rank?  
This proves again, that there will be more people that will understand the technology later, and thus add to price chasers due to FOMO.  

[noobtrader]

Someone wants some Monero...

Just watched a single buy of 2500-ish I think.  Nice action.

 

wow tell me more about it...

lot of scammer are making money on this "NEWS ANNOUNCEMENT"   those money are being cleansed atm and soon those profit will flow back into XMR...

so....
congrats  guys... XMR will  beat DASH MK soon... its all that matter rihg guys ?

[Hueristic]

XMR is on the Huobi list of coins they want to list in future on their exchange: https://twitter.com/cnLedger/status/869046697992650753

And Dogecoin is even higher in rank?  
This proves again, that there will be more people that will understand the technology later, and thus add to price chasers due to FOMO.  

This chart is a complete joke!



So I got home from casino and forgot I had a long since last Wed @ 182 nice to see the red disappearing.

[cAPSLOCK]

XMR is on the Huobi list of coins they want to list in future on their exchange: https://twitter.com/cnLedger/status/869046697992650753

And Dogecoin is even higher in rank? 
This proves again, that there will be more people that will understand the technology later, and thus add to price chasers due to FOMO. 

This chart is a complete joke!



So I got home from casino and forgot I had a long since last Wed @ 182 nice to see the red disappearing.

Two thoughts on this.

First I see this as an interesting glimpse into the perceived value of Monero and other alts by a very important player in a very important culture.  This should give those in our community who are bent on marketing the marching orders they need.  Though I personally fit in with our naturally technophillic navel gazing culture in Monero there are some of us who are gifted to tell the story of our project.  These folks are important.  But by 'marketing' I do not mean a focused barrage of lies or 'pumps' as folks like the idiot duck are always talking about, but instead shaping the organic conversations and narrative WE are responsible for as the frontrunners in the monero project.  We see for our Chinese markets we need to clarify our tech, and explain how Monero mitigates risk. 

This chart is a goldmine if we see it as an opportunity rather than a judgement.  Honestly I see it as a reverse engineered list of poloniex's top traded alts, basically in order of volume recently.  Then someone ranking coin aspects to try to make sense of that order.  Not so scientific but pretty revelatory of opinions.

Second... are you guys seeing what i am seeing?  The big player exchanges are starting to realize alts are important, and just about all of them have monero either publicly on their radar or there are rumors of it.  C Lee's polls, coinbase rumors.  Bitfinex and Kraken addidions, and now one of the serious leaders in the Chinese market.  Feels like a critical mass to me.  We better be ready.

[mnemonicsoup]

Great post, cAPSLOCK. I totally agree.

[kurious]

Great post, cAPSLOCK. I totally agree.

I agree, good post cAPSLOCK - where others see obstacles, the wise see stepping stones.

[novag]

We going to 0.025

[Millionero]

We going to 0.025

~.025 is historical resistance in BTC terms, with rising lows forming a triangle that will come to a point in what, two or three months.  Can somebody please make a chart that shows that?

[novag]

A less accurate forecast.

http://www.tradingview.com/chart/XMRBTC/g3JW1lSU-XMRBTC

[Hueristic]

XMR is on the Huobi list of coins they want to list in future on their exchange: https://twitter.com/cnLedger/status/869046697992650753

And Dogecoin is even higher in rank? 
This proves again, that there will be more people that will understand the technology later, and thus add to price chasers due to FOMO. 

This chart is a complete joke!



So I got home from casino and forgot I had a long since last Wed @ 182 nice to see the red disappearing.

Two thoughts on this.

First I see this as an interesting glimpse into the perceived value of Monero and other alts by a very important player in a very important culture.  This should give those in our community who are bent on marketing the marching orders they need.  Though I personally fit in with our naturally technophillic navel gazing culture in Monero there are some of us who are gifted to tell the story of our project.  These folks are important.  But by 'marketing' I do not mean a focused barrage of lies or 'pumps' as folks like the idiot duck are always talking about, but instead shaping the organic conversations and narrative WE are responsible for as the frontrunners in the monero project.  We see for our Chinese markets we need to clarify our tech, and explain how Monero mitigates risk. 

This chart is a goldmine if we see it as an opportunity rather than a judgement.  Honestly I see it as a reverse engineered list of poloniex's top traded alts, basically in order of volume recently.  Then someone ranking coin aspects to try to make sense of that order.  Not so scientific but pretty revelatory of opinions.

Second... are you guys seeing what i am seeing?  The big player exchanges are starting to realize alts are important, and just about all of them have monero either publicly on their radar or there are rumors of it.  C Lee's polls, coinbase rumors.  Bitfinex and Kraken addidions, and now one of the serious leaders in the Chinese market.  Feels like a critical mass to me.  We better be ready.

I see them using incorrect data in which they are basing their decisions.

[ArticMine]

...
Two thoughts on this.

First I see this as an interesting glimpse into the perceived value of Monero and other alts by a very important player in a very important culture.  This should give those in our community who are bent on marketing the marching orders they need.  Though I personally fit in with our naturally technophillic navel gazing culture in Monero there are some of us who are gifted to tell the story of our project.  These folks are important.  But by 'marketing' I do not mean a focused barrage of lies or 'pumps' as folks like the idiot duck are always talking about, but instead shaping the organic conversations and narrative WE are responsible for as the frontrunners in the monero project.  We see for our Chinese markets we need to clarify our tech, and explain how Monero mitigates risk.  

This chart is a goldmine if we see it as an opportunity rather than a judgement.  Honestly I see it as a reverse engineered list of poloniex's top traded alts, basically in order of volume recently.  Then someone ranking coin aspects to try to make sense of that order.  Not so scientific but pretty revelatory of opinions.

Second... are you guys seeing what i am seeing?  The big player exchanges are starting to realize alts are important, and just about all of them have monero either publicly on their radar or there are rumors of it.  C Lee's polls, coinbase rumors.  Bitfinex and Kraken addidions, and now one of the serious leaders in the Chinese market.  Feels like a critical mass to me.  We better be ready.

What I find very interesting is the very low technology score for Monero.  This tells me that the Monero technology is not well understood in the market place at all. There are two critical technological aspects to Monero that give Monero its unique selling proposition.

1) The fungibility, privacy and anonymity aspect of Monero for which there is some explanation. This is of course includes ring signatures, stealth addresses, ring confidential transactions, and the upcoming Kovori I2P router and how it integrated into Monero.
2) The adaptive blocksize limit combined with a minimum emission of 0.6 XMR and fees set by the protocol. An proper understanding of this would have not only a profound impact on Monero, but also on the whole Bitcoin blocksize debate. This is especially the case since the vase majority of POW coins have a fixed maximum number of coins for which the "Monero Solution" would not work.  

What this tells me is the need to explain the technology in a way that is both understandable to the layperson and at the same time provide a technically savvy person with the information needed to make a decision based upon the fundamentals. Benefit based marketing designed to appeal to emotions, and generate pumps and dumps, is actually totally useless here and is in fact a serious hindrance to person wishing  to evaluate Monero on tis merits.

[cAPSLOCK]

I see them using incorrect data in which they are basing their decisions.

I don't disagree with you at all.  I find myself wondering if part of the problem is the definition of "tech".  According to them etherium is brimming with tech. I can see what they mean.  And i think that project will produce another train wreck before it's all over thanks to their 'tech'.

Monero seems low tech to the layman.  We have to continue to do a better job explaining how deep Monero goes to the seemingly simple goal of monetary privacy.

There is a communication breakdown.  Therefore an opportunity.

[CTTE]

I see them using incorrect data in which they are basing their decisions.

I don't disagree with you at all.  I find myself wondering if part of the problem is the definition of "tech".  According to them etherium is brimming with tech. I can see what they mean.  And i think that project will produce another train wreck before it's all over thanks to their 'tech'.

Monero seems low tech to the layman.  We have to continue to do a better job explaining how deep Monero goes to the seemingly simple goal of monetary privacy.

There is a communication breakdown.  Therefore an opportunity.

I agree... "brimming with tech" is not necessarily a good thing.  Almost all "Elegant" solutions are by their very nature more simplistic.  i.e. it doesn't make sense to take a public blockchain like Bitcoin and then find a convoluted way to make that semi-private through some sort of addon. 

It's much more elegant and much less prone to failure if you simply build it into the protocol and have it be a part of the privacy solution at the lowest levels.
 

[dumpida]

It seems to me the idea of the most monero in the best anonymity, is gradually extinguished, and the price will react the same way

[persiancat]

A thoughtful article on BTC and DRELM (dash, ripple, eth, litecoin, monero).
Link - https://www.technologyreview.com/s/607947/the-cryptocurrency-market-is-growing-exponentially

May I propose a new mnemonic "DREAM" comprising of dash, ripple, eth, aeon, monero.

These fab five are selected solely due to their names ability to form a coherent 5-letter word, and is not an endorsement of their fundamentals.

This will be crypto's version of FANG (facebook, amazon, netflix, google) made popular in mainstream media.

Remember guys, you heard it here first.

[rangedriver]

A thoughtful article on BTC and DRELM (dash, ripple, eth, litecoin, monero).
Link - https://www.technologyreview.com/s/607947/the-cryptocurrency-market-is-growing-exponentially

May I propose a new mnemonic "DREAM" comprising of dash, ripple, eth, aeon, monero.

These fab five are selected solely due to their names ability to form a coherent 5-letter word, and is not an endorsement of their fundamentals.

This will be crypto's version of FANG (facebook, amazon, netflix, google) made popular in mainstream media.

Remember guys, you heard it here first.

I'm one O short of a LAMBO. (Litecoin, Aeon, Monero, Bitcoin).