[XMR] Monero Speculation

[Millionero]

if I had lower swinging balls

Be careful what you wish for.

[johnfoss]

The Monero Moon (Issue 22) is now available for your reading pleasure. Grab a cup of coffee or a bottle of beer and kick back for a read. Like, share, and spread the word of Monero as it continues to grow and offer unmatched financial privacy.

https://medium.com/themoneromoon/the-monero-moon-issue-22-e37d7f4bbe5a

[johnfoss]

The Monero Moon (Issue 23) is now available for your reading pleasure.

This is a bumper and comprehensive issue!!

Grab a cup of coffee or a bottle of beer and kick back for a read. Like, share, and spread the word of Monero as it continues to grow and offer unmatched financial privacy.

https://medium.com/themoneromoon/the-monero-moon-issue-23-6f683202ed78

[Febo]

https://unstoppableswap.net/

It seems some are already trying to get meting place where demand and supply will bet for BTC XMR atomic swaps. Right now they use testnet. I guess these markets will come in many shapes and will evolve fast over time.

[Hueristic]

https://unstoppableswap.net/

It seems some are already trying to get meting place where demand and supply will bet for BTC XMR atomic swaps. Right now they use testnet. I guess these markets will come in many shapes and will evolve fast over time.

Anyone selling their Monero for less than 4 to 1 is a fool.

Anyone selling their btc for monero off books is doing it because its tainted.

[cAPSLOCK]

https://unstoppableswap.net/

It seems some are already trying to get meting place where demand and supply will bet for BTC XMR atomic swaps. Right now they use testnet. I guess these markets will come in many shapes and will evolve fast over time.

Anyone selling their Monero for less than 4 to 1 is a fool.

Anyone selling their btc for monero off books is doing it because its tainted.

So, this obviously is the dawn of some major speculative interestingness for Montago.

Does one want to enter the possibly lucrative, but also dangerous world that is about to burst forth?

Unfortunately(?) we continue to prove ourselves in the highest adversarial environment possible.  This PROVES Monero has way more value than is currently reflected by the price, but it will also draw a huge amount of legal attention to us again.

kind of a mixed bag, if you ask me.  But overall quite interesting!

[LUCKMCFLY]

Monero has been in an eventual downward activity, it is normal, the price of BTC has been falling a little, it is going through the levels of $ 32k, although the fall is not much, it can occur that at any time Monero of a To a great surprise, the Monero bulls are waiting for the right time to act:

The daily technical chart for Monero pictured that XMR had lost momentum at the time of writing, declining by 6.5% over the last 24 hours. Monero’s price had been consolidating between the resistance and support levels of $225 and $196 over the last week. With today’s fall, the alt’s price fell below the crucial support level of $196.

Source: https://ambcrypto.com/eos-monero-iota-price-analysis-14-july/

For now it is best to wait and have Monero in Hodl mode, I do not see as a good option to sell.

[cAPSLOCK]

I cannot tell you how satisfying it is to see my predictions from 2014 come true.  I posted something on Reddit, i think, or here... about BTC and Monero finding a kinship that people do not expect.



And we are going to see it.  And already are.  Just the HYPE for Monero is going to drive it's price MUUUUUCH higher.  At least until it gets made illegal by a government.  In the end the price is, as we said back then as well... not the point.

Don't buy Monero.  Use it.


I feel bad that I do not like this show because Truman is leading the sort of anti-BTC maxi charge (and I know there are people here who agree with him) but this episode is wonderful.  And I have found I am way fonder of the Samourai guys...

https://t.co/QsrCyABOuP?amp=1

[tokeweed]

^  Uuuh you’re saying, almost shilling, the hype will drive the price much higher then say it’s not the point.  Why mention the hype in the first place?

And how can we use Monero if we don’t buy Monero?  And what’s really happening here is what Fluffy said years ago.  It’s beta vs VHS.  Beta was the superior tech but everybody used VHS cos it had more marketing behind it and the companies that mattered in that space all supported it.

[Hueristic]

^  Uuuh you’re saying, almost shilling, the hype will drive the price much higher then say it’s not the point.  Why mention the hype in the first place?

And how can we use Monero if we don’t buy Monero?  And what’s really happening here is what Fluffy said years ago.  It’s beta vs VHS.  Beta was the superior tech but everybody used VHS cos it had more marketing behind it and the companies that mattered in that space all supported it.

Actually everyone used VHS because it was Much Much cheaper, Sony shot themselfs in the foot by pricing everyone else out of owning a betamax. Another example of this was IBM with OS2. And LAserdisks.

But don't let a bad analogy stand in your way of making a good argument.

[cAPSLOCK]

^  Uuuh you’re saying, almost shilling, the hype will drive the price much higher then say it’s not the point.  Why mention the hype in the first place?

And how can we use Monero if we don’t buy Monero?  And what’s really happening here is what Fluffy said years ago.  It’s beta vs VHS.  Beta was the superior tech but everybody used VHS cos it had more marketing behind it and the companies that mattered in that space all supported it.

You can call what I am doing shilling if you want.  But this is a weird place to shill.  No one here is buying all that much Monero based on something I am saying are they?  What I am saying is Monero is destined to enter a phase of being USED for it's intended purpose in a way that it very unique and might create pressure on the price.  But ironically it will not be because people are dumping money into Monero as a singular investment.

It will be a completely novel interplay between two cryptographic systems in which value is a secondary trait to privacy.

[Febo]

Zoomed out growth of Monero transactions. Average daily transactions by quarter.



What we can see is that even if number of transactions decreased in June compared to previous months, overall trend is still strong.

[Millionero]

https://t.co/QsrCyABOuP?amp=1

Brevity is the soul of wit.
Endless conversations that could be condensed into five or ten minutes of succinct information, or better yet a written synopsis covering a few important points, are the soul of youtube.

[cAPSLOCK]

https://t.co/QsrCyABOuP?amp=1

Brevity is the soul of wit.
Endless conversations that could be condensed into five or ten minutes of succinct information, or better yet a written synopsis covering a few important points, are the soul of youtube.

I agree it was blathery.  But it was nice to get to hear the Samourai fellow.  Those guys have been so demonized by so many.  I used to judge them poorly.  I am changing to thinking they are kind of over the target.

[tokeweed]

^  Uuuh you’re saying, almost shilling, the hype will drive the price much higher then say it’s not the point.  Why mention the hype in the first place?

And how can we use Monero if we don’t buy Monero?  And what’s really happening here is what Fluffy said years ago.  It’s beta vs VHS.  Beta was the superior tech but everybody used VHS cos it had more marketing behind it and the companies that mattered in that space all supported it.

Actually everyone used VHS because it was Much Much cheaper, Sony shot themselfs in the foot by pricing everyone else out of owning a betamax. Another example of this was IBM with OS2. And LAserdisks.

But don't let a bad analogy stand in your way of making a good argument.

Bad analogy or not, Fluffy def made a really good point.  And he foresaw exactly that.  Better tech doesn’t automatically mean a higher spot at CMC.  If anything, I think XMR should be top 5.  IMHO.  But it’s more complicated than that.  And there’s always that threat looming of some exchange deciding to delist it.

[Globb0]

 Atomic swaps friend. The end of exchange manipulation.

[tokeweed]

^  Dunno about that.  Volume and liquidity matters a whole lot.  And source of price where all exchanges base their own is from the market where there’s a whole lot of volume and liqudity.  Even if Atomic swaps try to dictate the ‘real price’ of XMR, it will be arb’d enough to be priced the same as the market.

[Hueristic]

^  Dunno about that.  Volume and liquidity matters a whole lot.  And source of price where all exchanges base their own is from the market where there’s a whole lot of volume and liqudity.  Even if Atomic swaps try to dictate the ‘real price’ of XMR, it will be arb’d enough to be priced the same as the market.

You can't arb taint.

[explorer]

2830 tph.  That was a nice bump to what has been a lesser transaction rate lately.

[cAPSLOCK]

2830 tph.  That was a nice bump to what has been a lesser transaction rate lately.

Interesting thing about Monero's transactions.

Few cryptocurrencies share monero's particular usage pattern.  Monero CONSISANTLY has the least transactions happen on Saturday, with the second least on Sunday.  And the cycle is almost freakishly consistently rhythmic.  BTC and ETH also follow this pattern but to a much lesser extent.  Garbage like ZCash follow a random walk based on trading.


This very clearly  demonstrates Monero is being used consistently for commerce on a limited number of platforms which influence this "weekends off" pattern.  If you were to visit WHM for example you would see that most vendors ship on M-F.

Monero is extraordinary.