[XMR] Monero Speculation

[7jaka7]

0.011X - what in the fuck is this market on?

I've been expecting the altpocalypse for quite some time...  This might not really even be it.

https://bitcointalk.org/index.php?topic=753252.msg19518921#msg19518921

I'm not sure but I'm of the opinion that the shitcoin creators and exchanges are able to keep the scene alive as long as their scams are paying off.

As an example that shitcoin tron shill (whatever the fuck his name is) saying he would prop up Binance seems to keep that trainwreck chugging along. I guess its no different then the penny stock scams wallstreet runs, I doubt they will ever dissappear.

To me some project looks like Art. If you fast read here what ex CTO of TRON said  2. TRON is not associated with the Internet. https://www.cryptoinformers.info/news/130-why-i-leave-tron-former-cto-and-cofounder  They are doing a lot of not logical things. They have money and can afford doing it. Tron is a blockchain art. Dali of the blockchain.  It reminds me of kovri. Anonimal was just doing something just to spend founds although he did not believed it will work well.

It's actually valid comparison. Definition of art: "the expression or application of human creative skill and imagination, typically in a visual form such as painting or sculpture, producing works to be appreciated primarily for their beauty or emotional power." Mostly emotional power in crypto space. And some people like some and some don't. I just don't know why people can't understand this and argue so much about it. It's like 100 people in front of a painting and they're all yelling what they think about it.

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[Victorycoin]

I finally took the initiative to figure out how to get SV off my Trezor to buy more XMR. electronSV is crap and blames everyone else including hardware manufacturers for why the app doesn't work properly. Apparently no one takes them seriously....

Now if we can just figure out how to withdraw from binance.

Binance till holding your monero? Binance hold all for the stolen of btc but I think they are okay now and in this regard they should not hold and they should not suspend/disable withdraw and deposit.

[birr]

I just hope we are not all sitting in a train made of bamboo and palm leaves.  

I am afraid it's true

A norry or nori ( from the French word for lorry) is an improvised rail vehicle from Cambodia. Lonely Planet describes it as “Cambodia’s bamboo train”.
Norries have low fares, and are frequent and relatively fast, so they are popular despite their rudimentary design, lack of brakes, the state of the rails (often broken or warped) and the lack of any formal operating system.
Norry construction is a cottage industry conducted in trackside villages. It takes around four days to construct one of the vehicles, which have a steel frame overlaid with bamboo slats resting on wheels taken from abandoned tanks.



Long live Monori!

[5ensei]

Binance is worried that their stolen bitcoins have been converted into monero for trading anonymously. Imagine if people steal their stuff and they use it trade on their platform to make even more money, that is what they are trying to avoid!

[Febo]

Imagine if people steal their stuff and they use it trade on their platform to make even more money, that is what they are trying to avoid!

I would believe they want that people trade on their platform. Since that is why they build it. And heaving people trade will give them revenue and profit.   I dont believe that whoever stole those 7000 BTC is stupid enough to deposit them back to Bianance to trade there. LOL   That would be something. Robbing a bank and then bring money back to deposit.

[tokeweed]

^  ^  That's hilarious.  Where did you hear that?  

I think there's gonna be some fud that 'exchanges are gonna delist XMR because it's dangerous to keep it listed'.  Could be an attempt to keep the threats to 'the man' small and insignificant.

[IvugeoEvolutionCoin]

So many cryptocurrency projects solely on privacy claim to have advanced stealth technology with better scalability, yet their prices have not done any good. Monero price remains strong. It shows that asides the technology, there is much more that determine value

[Hueristic]

So many cryptocurrency projects solely on privacy claim to have advanced stealth technology with better scalability, yet their prices have not done any good. Monero price remains strong. It shows that asides the technology, there is much more that determine value

No it doesn't the others are snake oil and/or not ready for prime time and people are not as easily fooled as they used to be. All these other so called privacy coins are all worthless and worse yet can be putting people in danger.

[generalizethis]

So many cryptocurrency projects solely on privacy claim to have advanced stealth technology with better scalability, yet their prices have not done any good. Monero price remains strong. It shows that asides the technology, there is much more that determine value

That or most people realize that those claims are usually BS. I mean how many coins claimed "Best privacy ever!!!" only to have it fail under the least bit of scrutiny? It's ludicrous how gullible some speculators are when it comes to claims, but with privacy, the very same people who are most well versed in how a privacy coin should be developed are the same ones who make up the Monero community, so people trust them to make an honest evaluation. And while Monero isn't perfect, it's still the best option.

[consideritdone]

Monero still one of the best known privacy currency
https://www.coingecko.com/en/coins/monero

[cAPSLOCK]

The old guard are holding best in this rally.  XMR losing some BTC value, but so far among the better alts.

[IntroVert]

The old guard are holding best in this rally.  XMR losing some BTC value, but so far among the better alts.

I expect violent correction upwards in XMRBTC, as XMR is a too much of a value here compared to other alts and their ratio with BTC

[tokeweed]

^  Does that mean you think BTC/USD will go thru its own violent correction or that XMR/USD surges faster than BTC/USD some time in teh future?  ...  Maybe USD/XMR corrects upwards?  Lololol.

[IntroVert]

^  Does that mean you think BTC/USD will go thru its own violent correction or that XMR/USD surges faster than BTC/USD some time in teh future?  ...  Maybe USD/XMR corrects upwards?  Lololol.

USDXMR will correct at part thanks to XMRBTC correcting, and also independently of it due to being one of the few coins having any utility.

[IntroVert]

Dear Benjamin, no need to be so shy, you may enter...

[Bitcoinaire]

I think monero will rise more than the other big cap names.

The higher #Bitcoin rallies, the stronger the Altcoin pumps will be

$BTC has rallied over 180% since its bottom in mid-December 2018

On average, most $ALTS have only pumped ~30%

This discrepancy isn't going to last for long
19 replies 52 retweets 334 likes

https://twitter.com/rektcapital/status/1133398109344677888

[Andretti83]

$BTC has rallied over 180% since its bottom in mid-December 2018

On average, most $ALTS have only pumped ~30%

I wouldn't agree that most Alts only pumped ~30%
But I would agree that Alts should pump even more.

According to https://coinpaprika.com/?tab=longterm top Alts grow more or less the same as Bitcoin in last quarter.

[Globb0]

because they are all measured in bitcoin.

If value there rises the watermark rises.

that's why I like BTC going up as long as Monero holds firm.

Its done us 100's of x along the way like that.


Whilst Im sad we are stuck down at horrible 11, I also keep telling myself yeah but its hardly budging at all. Well pegged for now.

[slaman29]

So many cryptocurrency projects solely on privacy claim to have advanced stealth technology with better scalability, yet their prices have not done any good. Monero price remains strong. It shows that asides the technology, there is much more that determine value

No it doesn't the others are snake oil and/or not ready for prime time and people are not as easily fooled as they used to be. All these other so called privacy coins are all worthless and worse yet can be putting people in danger.

Exactly, everything else took the cue from Monero and then tried to call itself superior. Altcoins tend to say they're better than Bitcoin and use speed etc. Monero isn't different that much, everyone claims it is more private.

But I disagree about price being a marker. Dash for example is a lot pricier, does it mean it's better? Monero's solid, it works and it has uses. I can't say the same about others.

[tokeweed]

I think monero will rise more than the other big cap names.

The higher #Bitcoin rallies, the stronger the Altcoin pumps will be

$BTC has rallied over 180% since its bottom in mid-December 2018

On average, most $ALTS have only pumped ~30%

This discrepancy isn't going to last for long
19 replies 52 retweets 334 likes

https://twitter.com/rektcapital/status/1133398109344677888

Hope so.  Never in its history did XMR rise at super high velocity more than say ETH except the Alphabay pump.  XMR/BTC mostly moves in a range longer than other alts before trending up.