[XMR] Monero Speculation

[cbeast]

I have a BTC -> XMR service ready to go.

If XMR is so great, then why would anyone trade them for bitcoins?

Who said anything about buying bitcoins? Pretty sure that the arrow is pointing towards XMR.

So who has the XMR that you would trade bitcoins? I can see selling fiat for XMR because fiat is shit and only good for paying taxes, but why would anyone throw away their wonderful XMR to someone with shitty bitcoins?

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[cbeast]

I have a BTC -> XMR service ready to go. Soon you will not need to use Shapeshift.io. I anticipate the launch to be within the next 2 weeks.

Prepare for Monerizer.

If XMR is so great, then why would anyone trade them for bitcoins?

Wasn't the point of the service  but thats exacty xmr.to

The answer is to pay for things that take btc and anonymously.

Thank you. That clears up the motive behind selling XMR for bitcoins.

[smoothie]

This is cross posting this from reddit from AP:

https://www.cryptocoinsnews.com/imf-director-tells-banks-do-not-worry-about-bitcoin-blockchain/

IMF Director says:

If those new technologies and as long as those new technologies are going to abuse, take advantage of, the yield for anonymity, I think the banking industry has quite a few good days ahead of it as long as it takes ownership of those issues of capital and culture in order to actually restore the trust without which you see no trade no transaction no business can take place.

I'm still trying to wrap my mind around what she is saying.

Is she saying "Because bitcoin is transparent, not to worry about it"?

Are the stars aligning for Monero?

[owm123]

This is cross posting this from reddit from AP:

https://www.cryptocoinsnews.com/imf-director-tells-banks-do-not-worry-about-bitcoin-blockchain/

IMF Director says:

If those new technologies and as long as those new technologies are going to abuse, take advantage of, the yield for anonymity, I think the banking industry has quite a few good days ahead of it as long as it takes ownership of those issues of capital and culture in order to actually restore the trust without which you see no trade no transaction no business can take place.

I'm still trying to wrap my mind around what she is saying.

Is she saying "Because bitcoin is transparent, not to worry about it"?

Are the stars aligning for Monero?

Dont understand what she saying. Her other quote is also good:-)

Many of you have heard about not only bitcoins but blockchains and that unbelievable technology that underlies the Bitcoins of this world at the moment, and how incredibly convenient it will be to actually generate trust and identify players and whatever pseudo they decide to use.

Identify who? bitcoin users, or bitcoin creator(s)?

[owm123]

I have a BTC -> XMR service ready to go. Soon you will not need to use Shapeshift.io. I anticipate the launch to be within the next 2 weeks.

Prepare for Monerizer.

That would be nice. Planning also onion version of it?

[RealBitcoin]

I'm still trying to wrap my mind around what she is saying.

Is she saying "Because bitcoin is transparent, not to worry about it"?

Are the stars aligning for Monero?

The elite like a stable system, but not so much transparency, only if they can use it.

I`m not sure where Monero fits in in their ideology, they seem pretty welcoming to bitcoin, but monero is really anonymous from what I heard, so i`m not sure if they like it or not.

[nioc]

Let me be the first to say, Polo WTF?

That is a >30K market buy up to 150

[medusa13]

hihihi happy sunday guys
nice spike, hardcore 

[dEBRUYNE]

Let me be the first to say, Polo WTF?

That is a >30K market buy up to 150

I guess someone got tired of that manipulator with his little ask walls (1-4k). Nice buy though.

[owm123]

hihihi happy sunday guys
nice spike, hardcore 

someone needed lots of xmr, it seems :-)

[XMRChina]

hihihi happy sunday guys
nice spike, hardcore  

someone needed lots of xmr, it seems :-)

Instead of worrying about who placed that buy order you should be focusing on making it easier for more people to aquire and spend Monero. Contact Chinese exchanges and encourage businesses to accept Monero payments. With the new release usability will increase while CPU resource requirements will decrease.

[kurious]

Volume back and price off what (I hope) we can now look back on as the floor.

 

[XMRpromotions]

This is cross posting this from reddit from AP:

https://www.cryptocoinsnews.com/imf-director-tells-banks-do-not-worry-about-bitcoin-blockchain/

IMF Director says:

If those new technologies and as long as those new technologies are going to abuse, take advantage of, the yield for anonymity, I think the banking industry has quite a few good days ahead of it as long as it takes ownership of those issues of capital and culture in order to actually restore the trust without which you see no trade no transaction no business can take place.

I'm still trying to wrap my mind around what she is saying.

Is she saying "Because bitcoin is transparent, not to worry about it"?

Are the stars aligning for Monero?

Dont understand what she saying. Her other quote is also good:-)

Many of you have heard about not only bitcoins but blockchains and that unbelievable technology that underlies the Bitcoins of this world at the moment, and how incredibly convenient it will be to actually generate trust and identify players and whatever pseudo they decide to use.

Identify who? bitcoin users, or bitcoin creator(s)?

I believe she means blockchain users in general (which of course includes bitcoin users). If more policy decisions are made in reliance on statements like this, interest in Monero should increase. Blockchain technology does not need to mean that transactions of all users are transparent! Monero gives users the choice on what transaction data they reveal, with privacy as a default.

[kurious]

Hmm.. more action...!  Large buy 

[koryu]

yep. while bitcoin goes sideways little xmr party

[XMRpromotions]

yep. while bitcoin goes sideways little xmr party

I am much more excited about Monero development than price swings. My goal is to see widespread adoption of Monero as a currency. This made me more happy to see than the price increase today:

I have a BTC -> XMR service ready to go. Soon you will not need to use Shapeshift.io. I anticipate the launch to be within the next 2 weeks.

Prepare for Monerizer.

I am not a trader so my interest in development and adoption will always be greater than my concern for price.

[iCEBREAKER]

Oh look, a celebrity endorsement of an excellent, bootstrappy XMR use case!

https://www.reddit.com/r/Bitcoin/comments/3s085o/why_the_altcoin_takeover_scenario_has_become_a/cwt2prf

[–]Peter Todd - Bitcoin Expert

For me personally shapeshift adds a lot of value to Bitcoin, as it gives me much stronger privacy by using Monero as an anonymous intermediary point. Specifically, I buy Monero on shapeshift, then sell it to xmr.to, which in turn sends bitcoins to the Bitcoin address of my choice.

[SmoothCurves]

Oh look, a celebrity endorsement of an excellent, bootstrappy XMR use case!

https://www.reddit.com/r/Bitcoin/comments/3s085o/why_the_altcoin_takeover_scenario_has_become_a/cwt2prf

[–]Peter Todd - Bitcoin Expert

For me personally shapeshift adds a lot of value to Bitcoin, as it gives me much stronger privacy by using Monero as an anonymous intermediary point. Specifically, I buy Monero on shapeshift, then sell it to xmr.to, which in turn sends bitcoins to the Bitcoin address of my choice.

Wow. That's pretty cool!

[oblox]

Oh look, a celebrity endorsement of an excellent, bootstrappy XMR use case!

https://www.reddit.com/r/Bitcoin/comments/3s085o/why_the_altcoin_takeover_scenario_has_become_a/cwt2prf

[–]Peter Todd - Bitcoin Expert

For me personally shapeshift adds a lot of value to Bitcoin, as it gives me much stronger privacy by using Monero as an anonymous intermediary point. Specifically, I buy Monero on shapeshift, then sell it to xmr.to, which in turn sends bitcoins to the Bitcoin address of my choice.

...except Shapeshift doesn't allow you to get XMR at the moment (along with a bunch of other coins). No one seems to have a clue why.

[iCEBREAKER]

Oh look, a celebrity endorsement of an excellent, bootstrappy XMR use case!

https://www.reddit.com/r/Bitcoin/comments/3s085o/why_the_altcoin_takeover_scenario_has_become_a/cwt2prf

[–]Peter Todd - Bitcoin Expert

For me personally shapeshift adds a lot of value to Bitcoin, as it gives me much stronger privacy by using Monero as an anonymous intermediary point. Specifically, I buy Monero on shapeshift, then sell it to xmr.to, which in turn sends bitcoins to the Bitcoin address of my choice.

...except Shapeshift doesn't allow you to get XMR at the moment (along with a bunch of other coins). No one seems to have a clue why.

Does SS have a warrant canary?  If not, they should.