[XMR] Monero Speculation

[ArticMine]

Questions for Monero's experts

1)When is Monero going to be listed in a decentralized exchange? otherwise it kinda of defeats part of its purpose

2)Is Monero working on something to protect themselves from DOS attacks? i.e. https://www.reddit.com/r/Bitcoin/comments/48kk9s/bitcoin_blockchain_dos_attack_feb_2829_2016_video/

Once things hit the fan and people start moving their capital to cryptos these 2 things will be very important

I will answer 2. This type of attack (Generating spam transactions in order to force an increase in fees) does not work in Monero because of the adaptive blocksize limit. It works in a crypto currency with a fixed blocksize limit when the blocks are close to full as is currently the case in Bitcoin and is actually profitable for a miner with a small percentage of the hash rate. It is a fundamental flaw not only in Bitcoin but in any crypto currency with fixed a blocksize.  Given the large number of alt coins that have simply copied Bitcoin in this area this means a lot of alt-coins.

[dEBRUYNE]

Questions for Monero's experts

1)When is Monero going to be listed in a decentralized exchange? otherwise it kinda of defeats part of its purpose

2)Is Monero working on something to protect themselves from DOS attacks? i.e. https://www.reddit.com/r/Bitcoin/comments/48kk9s/bitcoin_blockchain_dos_attack_feb_2829_2016_video/

Once things hit the fan and people start moving their capital to cryptos these 2 things will be very important

I will answer 2. This type of attack (Generating spam transactions in order to force an increase in fees) does not work in Monero because of the adaptive blocksize limit. It works in a crypto currency with a fixed blocksize limit when the blocks are close to full as is currently the case in Bitcoin and is actually profitable for a miner with a small percentage of the hash rate. It is a fundamental flaw not only in Bitcoin but in any crypto currency with fixed a blocksize.  Given the large number of alt coins that have simply copied Bitcoin in this area this means a lot of alt-coins.

More info and links in this post:

https://www.reddit.com/r/Monero/comments/45b8qn/my_journey_to_finding_monero_and_some_questions/czwlcdb

[dnaleor]

XMR EUR parity just happened!
And our market cap is nibbling on the #7 in the list. We are currently > 50% of DASH

How long will it take until the market reflects what we already know for a long time?
Namely that XMR is the #1 anon coin.

[bobabouey2]

Sorry guys, but XMR is just about getting back to break-even for me in bitcoin.  So a dump is clearly imminent.   

[bitebits]

Sorry guys, but XMR is just about getting back to break-even for me in bitcoin.  So a dump is clearly imminent.   

Don't think in bitcoins, think in chocolate cookies.

[macsga]

Sorry guys, but XMR is just about getting back to break-even for me in bitcoin.  So a dump is clearly imminent.   

I'd think twice before turning into BTC right now...
https://bitcoinwisdom.com/markets/bitstamp/btcusd

[bobabouey2]

Sorry guys, but XMR is just about getting back to break-even for me in bitcoin.  So a dump is clearly imminent.   

I'd think twice before turning into BTC right now...
https://bitcoinwisdom.com/markets/bitstamp/btcusd

Not planning to sell, was just sarcastically noting that a dump would keep me from getting back to break-even for the first time in ages.

[americanpegasus]

Rates are shooting up, the shorters are going to have a tough time. Around 0.5% now:

https://poloniex.com/lending#XMR

EDIT: Make that 1%

This is why you should never, never short a sub-$1 billion cap cryptocurrency.  It's too easy to slam into it and rocket it up beyond all reason - liquidating your account in one long green candle of doom.

[medusa13]

Sorry guys, but XMR is just about getting back to break-even for me in bitcoin.  So a dump is clearly imminent.  

I'd think twice before turning into BTC right now...
https://bitcoinwisdom.com/markets/bitstamp/btcusd

indeed...bitcoin has a lot of problems right now. this is in my eyes one of the main reasons we are experiencing this altoin bubble right now.



come and join us at #monero-markets on freenode. we watch whales, walls, troll a little, speculate bananas and have fun watching the crypto markets! everyone is welcome, no need to be shy  

[Johnny Mnemonic]

For two years now XMR has had December lows and late February breakouts. I'm thinking Monero is the sunshine currency. Fitting, considering the logo and the nature of the project.

[TrueCryptonaire]

For two years now XMR has had December lows and late February breakouts. I'm thinking Monero is the sunshine currency. Fitting, considering the logo and the nature of the project.

The only difference to this time is that XMR used to have pretty heavy emission and now it is drying.
Soon we need sellers to sell Moneros when people are literally begging us to sell even a fraction of coins and they are throwing their life savings into the bosoms of Monero bagholders.

[bitebits]

^^ You make it look like a scam. Please don't, because (as an exception) it clearly isn't.

[TrueCryptonaire]

The worst part it is, it is actually the truth - people simply want Monero and Monero can be an excellent place to put life savings as it is anonymous.

[BTKC]

For two years now XMR has had December lows and late February breakouts. I'm thinking Monero is the sunshine currency. Fitting, considering the logo and the nature of the project.

The only difference to this time is that XMR used to have pretty heavy emission and now it is drying.
Soon we need sellers to sell Moneros when people are literally begging us to sell even a fraction of coins and they are throwing their life savings into the bosoms of Monero bagholders.

Ok how did americanpegasus hack into your account   At this point your signature seems like an understatement    

[inca]

Things could get interesting if xmr breaks out here.

[owm123]

Things could get interesting if xmr breaks out here.

Its clearly a pump and its not limited to xmr only. Dash is also heavily pumped right now. And I really doubt that suddenly lots of people decided to start using anon right now.

The only question is what will be the new support after this? Hopefully more than 170-180k.

[nioc]

Things could get interesting if xmr breaks out here.

Its clearly a pump and its not limited to xmr only. Dash is also heavily pumped right now. And I really doubt that suddenly lots of people decided to start using anon right now.

The only question is what will be the new support after this? Hopefully more than 170-180k.

Looks like a pump and I still haven't figured out how to sell.  

It had been in the 190's for a couple of days before the breakout so I imagine it will be higher than that.  Maybe (pulls out of ass) at least 210.

I will be getting paid a few btc next week.  Let's see how lucky I get with the price of both.

OT: my time logged into BCT is 78 days

[dEBRUYNE]

Things could get interesting if xmr breaks out here.

Its clearly a pump and its not limited to xmr only. Dash is also heavily pumped right now. And I really doubt that suddenly lots of people decided to start using anon right now.

The only question is what will be the new support after this? Hopefully more than 170-180k.

Looks like a pump and I still haven't figured out how to sell.  

It had been in the 190's for a couple of days before the breakout so I imagine it will be higher than that.  Maybe (pulls out of ass) at least 210.

I will be getting paid a few btc next week.  Let's see how lucky I get with the price of both.

OT: my time logged into BCT is 78 days

246-250k will first act as major support zone now, because that was the 2nd breakout zone on high volume, which already has been tested twice by dumps on high volume. If that breaks 210-214k will probably act as support zone, because that was the 1st breakout zone on high volume.

[ArticMine]

Things could get interesting if xmr breaks out here.

Its clearly a pump and its not limited to xmr only. Dash is also heavily pumped right now. And I really doubt that suddenly lots of people decided to start using anon right now.

The only question is what will be the new support after this? Hopefully more than 170-180k.

This assumes anon is the reason. My take is that the blocksize issue in Bitcoin is starting to be a significant factor here.

[iCEBREAKER]

Things could get interesting if xmr breaks out here.

Its clearly a pump and its not limited to xmr only. Dash is also heavily pumped right now. And I really doubt that suddenly lots of people decided to start using anon right now.

The only question is what will be the new support after this? Hopefully more than 170-180k.

New support is usually at the old ceiling.  ~200k?

Let's remember the present Dash pump started several hours after Monero broke through two huge points of resistance.

Unlike Monero's long-overdue upward correction, I don't think Dash's rise is organic.

It looks like Otoh is pumping Dash in a desperate attempt to keep the Evan's Gate cultists inside the compound, rather than leaving for the Wild & Free^® greener pastures of Monero Mountain.

Especially after the high-profile ShadowTrash debacle, I've been expecting an acceleration in the leakage from Dash's market cap into Monero's, and today's "me-too" try-hard Dash pump is just an insta-mine bagholder's futile effort to hold back the tide.