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Author Topic: [XMR] Monero Speculation  (Read 3282866 times)
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July 16, 2020, 06:49:42 PM
 #41981

I agree. the coin has prospects. but it is not stable enough.

Monero is one of most stable coins beside Bitcoin.





If anyone missed yesterdays news about message to the Twitter hackers you have it here:


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July 16, 2020, 07:06:56 PM
 #41982

LOL, I didn't notice the Sats went from 666 to Leet. Cheesy

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July 17, 2020, 06:48:06 AM
 #41983

If anyone missed yesterdays news about message to the Twitter hackers you have it here:

I don't know if the hackers would have been seeing it, but it doesn't matter, the newspapers did  Wink
Nicely done advertising. I however wonder how comes nobody refunded this guy; after all he did spend 11$ on his ad (most on tx fee).






.
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July 20, 2020, 05:15:25 AM
 #41984

https://twitter.com/fluffypony/status/1284910098268258305

- You can figure out what will happen, not when /Warren Buffett
- Pay any Bitcoin address privately with a little help of Monero:
 on.your.mark, get set, go!
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July 20, 2020, 08:46:18 AM
 #41985

Staying positive, glad not to be stuck on a 6 number after a painful while


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.PLAY NOW.
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July 21, 2020, 11:16:55 AM
Merited by Hueristic (1)
 #41986

Staying positive, glad not to be stuck on a 6 number after a painful while



Hey Globb0 - price is looking much better.  Monero is most definitely alive and kicking and nicely appreciating against Bitcoin as well as legacy currencies, while LTC (for instance) is looking rather sickly in comparison.

Sweet.  

我想要火箭和火车
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July 21, 2020, 12:08:52 PM
 #41987

https://nominex.co No KYC 3 BTC/day withdrawals. Onboarding in 30 seconds. Because we value your privacy.

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July 21, 2020, 08:16:59 PM
 #41988

Staying positive, glad not to be stuck on a 6 number after a painful while



Hey Globb0 - price is looking much better.  Monero is most definitely alive and kicking and nicely appreciating against Bitcoin as well as legacy currencies, while LTC (for instance) is looking rather sickly in comparison.

Sweet.  

Shh don't scare it. Wink

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July 21, 2020, 08:21:43 PM
 #41989

Was really nice day we held firm nicely.




If we start slipping back too far and btc rising ill flip another btc worth for now

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July 21, 2020, 08:27:41 PM
Merited by infofront (1)
 #41990

Its all fun and games until your Dog testifies against you. Cheesy


https://mashable.com/video/bunny-talking-dog/

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July 27, 2020, 05:08:14 PM
 #41991

Not to be a downer... but king daddy kong is taking his belt to the alts.

As usual Monero seems to have the better end than *most* alts (aside from BSV and ZEC which makes me almost want to set fire to shit).

We have a LOT of support around .07.  Even if it drops below it tends to pull back fairly quickly.

Would be nice to see XMR recover well along with the few other "blue chip" alts.
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July 27, 2020, 07:51:37 PM
Merited by Hueristic (1)
 #41992

Coinbase CEO wants to list Monero, but regulators prevent it  Shocked
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July 27, 2020, 08:20:49 PM
 #41993


They didn't prevent it, he was a pussy and didn't list it for purely boot licking reasons.

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July 27, 2020, 08:54:41 PM
 #41994


I quite enjoyed the interview.

To be honest I believe the guy.  Maybe I am just a fool.  But I think he honestly answered the questions in the interview.  I do not think he is as anti-BTC as he comes off.  And I kind of understand where he is coming from when it comes to some of his decisions.

I really HOPE they were blindsided by the Hacking Team thing.  It's hard to imagine they would have done such an extreme about face had they not just done such a terrible job of due diligence.

But I also think he comes off as naive in many ways.  Still you don't build a business like that one entirely by accident.

never been a customer.  Never would be.  Have never suggested them.  With Cash App on ther scene there is no reason for them to exist anymore, frankly.  All they have is first mover advantage.

Very pleased that McCormack pointed out the ZCash is a lie including the recent de-anonymizing that happened, and that Monero is the king of it's realm.  Armstrong seemed to recognize Monero is the best, and that's why they don't list it, but that they want to.

I dunno... maybe he is just a boot licking anti-BTC statist.
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July 28, 2020, 02:04:49 AM
Merited by Hueristic (1)
 #41995

So this year is proving to be rather interesting. We are witnessing the end of the petro dollar and quite possibly the beginnings of a hyperinflation event. Additionally, we are starting to see food shortages in the US, particularly in meat products. This is reflected in reduced availability, increased prices, and buying restrictions that have popped up long after the "COVID-19" measures were implemented back in March. It's also worth mentioning that consumer staples are generally the LAST products to be affected by inflation, which means you're less likely to notice any discrepancies during your weekly grocery store visits. Don't get caught with your pants down, and don't assume this bubbling of the stock market represents any kind of value-add to the economy. Shares are likely increasing only due to the rapidly eroding buying power of fiat.

Because of this, I no longer think it's wise to track Monero prices in USD or other fiat currencies. Moving forward I'm only concerned with its value measured in precious metals or maybe soft commodities like coffee or cotton. We've sat around for the last two years waiting for some action in the crypto space but this year we're in for a hell of a lot more than we bargained for.

My short-to-medium-term prediction is that stocks and precious metals will continue to rise due to the eroding USD and shaky market confidence, respectively. Many investors will continue to remain in cash, but as businesses begin to reopen it will become painfully clear how much the purchasing power of their fed notes has deteriorated. Further, surviving businesses will likely be in considerable debt with lost time to make up for, and will pass on the costs of these obligations to their customers. This will lead to a transition of capital into the precious metals market, with silver seeing the bulk of that movement, perhaps even returning to its historical 1/15th price ratio to that of gold. Savvy investors looking for other opportunities to side-step the inflation will see crypto currencies as the natural "location-independent" alternative to precious metals.

Monero is currently traded at roughly 4X the spot price of silver. I see that ratio doubling to 8X by end of year or sooner. That would put us at around $480 if we see silver hit $60 in the coming months, but again I expect fiat prices to become increasingly meaningless.

And here we go. As I said previously, don't be distracted by crypto prices measured in USD. Fiat is meaningless at this point. For example, take a look at the current silver chart:



Do you think everything is really going "up" or is something else happening? BTC is "rising" in lockstep with precious metals... XMR is lagging a bit behind, but we know how that story goes by now. So far we haven't seen drastic price increases for general goods, but I don't imagine things will stay that way for long. In the end, I'll continue to measure XMR's value in terms of the things I'd wish to exchange it for.

One more thing. There is currently a coin "shortage" in the US which is conveniently pushing businesses away from accepting cash. This sudden disappearance of cash leads me to believe we are headed towards a bail-in or some similar form of wealth trap that would otherwise result in a bank run. Our emergency exits are quietly being eliminated, and I would be very concerned about any funds resting in a checking/savings/brokerage account.
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July 28, 2020, 02:19:43 AM
Merited by cAPSLOCK (1)
 #41996



I dunno... maybe he is just a boot licking anti-BTC statist.


I am of the opinion he has no problem reaping the profits from the scene but is unwilling to do anything for the scene unless it puts profits into his pocket without risk, that makes him a piece of shit in my book.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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July 28, 2020, 01:29:17 PM
 #41997



I dunno... maybe he is just a boot licking anti-BTC statist.


I am of the opinion he has no problem reaping the profits from the scene but is unwilling to do anything for the scene unless it puts profits into his pocket without risk, that makes him a piece of shit in my book.

Yeah.  I can see that.
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July 28, 2020, 03:11:53 PM
 #41998



I dunno... maybe he is just a boot licking anti-BTC statist.


I am of the opinion he has no problem reaping the profits from the scene but is unwilling to do anything for the scene unless it puts profits into his pocket without risk, that makes him a piece of shit in my book.

Yeah.  I can see that.

I wasn't sure if I was making that clear. ;P


Coinbase also sold goldmann ballsacks my personal info without my permission when they held polo and Ballsacks tried to strong arm me with that info.

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July 28, 2020, 03:27:04 PM
 #41999

As I expected, Monero look less of a trouncing, and made a somewhat better recovery in light of big daddy's rise.

Now we wait to see where BTC goes next.  Kinda looking like we might just be getting started.

If BTC continues to climb, I expect we see the same sorts of action.  It will suck the blood out of alts.  And the junkier they are (in general..) the more they will suffer.

To me, that means XMR holds it's BTC price better than other alts overall.

Of course we want to see it gain against BTC.  It's one of the few that SHOULD.  We just need people to start realizing that.
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July 28, 2020, 03:34:23 PM
 #42000

This really does kinda look good to me:
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