[XMR] Monero Speculation

[elrippos friend]

Hey, you may have to spark up the old exchange software again!

Haha, I hope not Regulations have taken all the fun out of it. The only way forward is to completely decentralize trading on permissionless, unstoppable exchanges. I believe centralized exchanges will take a big hit in the coming years as we transcend them with decentralized finance. The old broken financial system is pushing us out, and they will come to regret that. Now atomic swaps are being worked on, and there are experiments with wrapped xmr. Eventually wrapped xmr will be made trustless and allow unregulated, KYC-less trading with massive volumes on services such as uniswap. That will be very exciting.

I am very eager-minded towards atomic swaps, but how is Monero solving the issue to swap for example for BTC if you have to be on chain in the same SHA256 environment as the swapable coin? If you have to trust another p2p exchange, as for example bisq, you have no real advantage. So how is Monero trying to solve that?

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[Hueristic]

Hey, you may have to spark up the old exchange software again!

Haha, I hope not Regulations have taken all the fun out of it. The only way forward is to completely decentralize trading on permissionless, unstoppable exchanges. I believe centralized exchanges will take a big hit in the coming years as we transcend them with decentralized finance. The old broken financial system is pushing us out, and they will come to regret that. Now atomic swaps are being worked on, and there are experiments with wrapped xmr. Eventually wrapped xmr will be made trustless and allow unregulated, KYC-less trading with massive volumes on services such as uniswap. That will be very exciting.

I am very eager-minded towards atomic swaps, but how is Monero solving the issue to swap for example for BTC if you have to be on chain in the same SHA256 environment as the swapable coin? If you have to trust another p2p exchange, as for example bisq, you have no real advantage. So how is Monero trying to solve that?

This is a question for the main thread.

[sech1]

I am very eager-minded towards atomic swaps, but how is Monero solving the issue to swap for example for BTC if you have to be on chain in the same SHA256 environment as the swapable coin? If you have to trust another p2p exchange, as for example bisq, you have no real advantage. So how is Monero trying to solve that?

Atomic swaps will be completely trustless, what you call "p2p exchange like bisq" will only help buyers and sellers find each other and agree on the price.

[edandrada]

i think xmr hadnt start to pump yet. moneroe can see its ath value 300 dollars in 2018.
now it s only 172 which is half of its ath.

[elrippos friend]

Hey, you may have to spark up the old exchange software again!

Haha, I hope not Regulations have taken all the fun out of it. The only way forward is to completely decentralize trading on permissionless, unstoppable exchanges. I believe centralized exchanges will take a big hit in the coming years as we transcend them with decentralized finance. The old broken financial system is pushing us out, and they will come to regret that. Now atomic swaps are being worked on, and there are experiments with wrapped xmr. Eventually wrapped xmr will be made trustless and allow unregulated, KYC-less trading with massive volumes on services such as uniswap. That will be very exciting.

I am very eager-minded towards atomic swaps, but how is Monero solving the issue to swap for example for BTC if you have to be on chain in the same SHA256 environment as the swapable coin? If you have to trust another p2p exchange, as for example bisq, you have no real advantage. So how is Monero trying to solve that?

This is a question for the main thread.

From a technical perspective you are propably right, in terms of value gain because of this technical advantage i think it is also well place here

[elrippos friend]

I am very eager-minded towards atomic swaps, but how is Monero solving the issue to swap for example for BTC if you have to be on chain in the same SHA256 environment as the swapable coin? If you have to trust another p2p exchange, as for example bisq, you have no real advantage. So how is Monero trying to solve that?

Atomic swaps will be completely trustless, what you call "p2p exchange like bisq" will only help buyers and sellers find each other and agree on the price.

Exactly, and that is why i am asking 

[cAPSLOCK]

I am very eager-minded towards atomic swaps, but how is Monero solving the issue to swap for example for BTC if you have to be on chain in the same SHA256 environment as the swapable coin? If you have to trust another p2p exchange, as for example bisq, you have no real advantage. So how is Monero trying to solve that?

Atomic swaps will be completely trustless, what you call "p2p exchange like bisq" will only help buyers and sellers find each other and agree on the price.

Exactly, and that is why i am asking 

So it seems they will work like BitTorrent.  There is a tracker basically with offers, and then you can initiate a trade directly on the two chains.  The tracker is not absolutely NEEDED.  People could develop decentralized ways to oracle the offers... I would imagine the trade itself will be a protocol, for which more than one client can be developed.  Similar to the way lightning works.

[cAPSLOCK]

Coming up on a test:

[explorer]

Coming up on a test:

what is the genesis of your lower line?

[explorer]

 
 Coming out of the hole like a scalded cat...

Check out the daily volume and candle height compared to the last 12 & 24 months  
log chart, but still...

[slaman29]

^Finally a bit of new year cheer for us. Would prefer to think of this as a long delayed return to logical market growth, but I suppose Bitcoin's current trajectory has some impact. Let's hope the scalded cat lands on the hot tin roof and scatters on up higher;)

[Globb0]

yeah nice chart, I was just learning this stuff, I wonder if this is the correct application.

[cAPSLOCK]

Coming up on a test:

what is the genesis of your lower line?

Arbitrary.  Drawn with intent to be level roughly at bottom of the gap.

[elrippos friend]

Wow, transactions hitting up again 

[tokeweed]

^  Lots of people prolly getting high rn. 

[Febo]

Transactions change a lot during day. I saw them over 2000/h. What matter is transaction in last 24h. Usually are least on Saturday and most from Tuesday until Friday. At the end of the month will probably again be a 10-20% increase of number of transactions.

[explorer]

Transactions change a lot during day. I saw them over 2000/h. What matter is transaction in last 24h. Usually are least on Saturday and most from Tuesday until Friday. At the end of the month will probably again be a 10-20% increase of number of transactions.

Solidly over 20k/day for the 30 day average.  That is fantastic, and climbing strong.  Network perking along like its no big deal, fees are dirt cheap, transactions are fast.  BTC is broken still/again. 3 cheers for XMR.to if you must transact bitcoin.

[leea-1334]

Transactions change a lot during day. I saw them over 2000/h. What matter is transaction in last 24h. Usually are least on Saturday and most from Tuesday until Friday. At the end of the month will probably again be a 10-20% increase of number of transactions.

Solidly over 20k/day for the 30 day average.  That is fantastic, and climbing strong.  Network perking along like its no big deal, fees are dirt cheap, transactions are fast.  BTC is broken still/again. 3 cheers for XMR.to if you must transact bitcoin.

Interesting statistics,,, I curiously only saw the XMR move when it entered the highlight list on my dashboard. Admittedly for myself, it has been a long time since I actually used it, and so good to see the fees are still as expected and with more coming on the future front. Time to dust off some of that waiting it seems. 20k a day!

[elrippos friend]

LEA prooves that Monero is more used than BTC

https://www.europol.europa.eu/newsroom/news/darkmarket-worlds-largest-illegal-dark-web-marketplace-taken-down

DarkMarket in figures:
almost 500 000 users;
more than 2 400 sellers;
over 320 000 transactions;
more than 4 650 bitcoin and 12 800 monero transferred.

[explorer]

Transactions change a lot during day. I saw them over 2000/h. What matter is transaction in last 24h. Usually are least on Saturday and most from Tuesday until Friday. At the end of the month will probably again be a 10-20% increase of number of transactions.

Solidly over 20k/day for the 30 day average.  That is fantastic, and climbing strong.  Network perking along like its no big deal, fees are dirt cheap, transactions are fast.  BTC is broken still/again. 3 cheers for XMR.to if you must transact bitcoin.

Interesting statistics,,, I curiously only saw the XMR move when it entered the highlight list on my dashboard. Admittedly for myself, it has been a long time since I actually used it, and so good to see the fees are still as expected and with more coming on the future front. Time to dust off some of that waiting it seems. 20k a day!

This one from https://www.monero.how/ tells a tale:

Code:

MONTHLY TRANSACTION COUNT
                Monero Bitcoin         Ratio
Jan 2021 (est) 718,823 10,652,698 6.75%
Dec 2020 593,322 9,732,999 6.10%
Nov 2020 523,842 9,145,550 5.73%
Oct 2020 501,273 9,284,673 5.40%
Sep 2020 396,854 9,495,331 4.18%
Aug 2020 381,555 9,793,583 3.90%
Jul 2020 331,181 10,158,131 3.26%
Jun 2020 340,895 9,192,440 3.71%
May 2020 400,871 9,092,682 4.41%
Apr 2020 365,875 8,702,021 4.20%
Mar 2020 303,291 8,904,203 3.41%
Feb 2020 231,953 9,439,548 2.46%