[XMR] Monero Speculation

[sparky999]

No XMR transactions reported yesterday on alphabay.

I guess darknet traders just don't care. Junkies are not really the brightest crowd.

I expect to see XMR back at a reasonable price within the next week or two, 0.05 - 0.07 is reasonable taking the current ATH network difficulty into account, everything
above is just speculation.

Well this is just wrong I know for a fact there were transactions in XMR on AB yesterday

[nanobrain]

I expect to see XMR back at a reasonable price within the next week or two, 0.05 - 0.07 is reasonable

I'll take that price thank you --- prob the most sensible thing you've posted, well, ever.

[NewLiberty]

Yes, that's all good.

But believe me, the sensationalist pieces will follow -- that's not being either pessimistic or contrarian, simply experienced with the print medium.  Its the obvious angle for editors to spice up a dry tech/economics story.

In some ways its not a problem, it simply reflects the same rite of passage BTC went through -- and of course it does mean a lot of writers are going to have volte face on how they describe BTC (ie they sold it to the masses as anonymous but hey turns out it isn't).

I wonder if the smart editor would pick a different angle. I mean, what bitcoin went through has been done so many times now. It's really beating a dead horse, and I just wonder if that's a good sell for a news-outlet. If I was an editor that only had page-views / newspaper sales and a happy board in mind, then I*m not even sure I'd choose that whole approach and sell again. But I am giving them too much credit...

Smart editors....ha ha ha

"If it bleeds, it leads"....similarly sex, crime and drugs get eyeballs.

Also, most editors are in thrall to their proprietors' political views/ambitions.  This (XMR) is low hanging fruit for rightwing news outlets.

Way, way too much credit

My point is: a tsunami of these stories is swelling on the horizon but don't worry, in the long run it will be good for XMR.

The prevailing tenor of the stories on this are likely to be
"We used to think that Bitcoin was the bad money, because crimes, but now we see that it is Monero which is soo much worse"
This ends up being good press mentions for both XBT and XMR.

I maintain that the main market for XMR in the long run is the multinational corporation and the banks.  Those are the biggest crime syndicates there are.  The DNM stuff is just a proving ground for the banksters.

[primer-]

I expect to see XMR back at a reasonable price within the next week or two, 0.05 - 0.07 is reasonable

I'll take that price thank you --- prob the most sensible thing you've posted, well, ever.

I've been dealing with serious coins like ethereum lately, keep forgetting to put enough zeroes when dealing with shitcoins

[Dotto]

No XMR transactions reported yesterday on alphabay.

Link or didn´t happen

[rpietila]

"We used to think that silver was the bad money, but ooooh gold, and that was a bad money and then cash was the bad money, and then Bitcoin was the bad money, because crimes, but now we see that it is Monero which is soo much worse"

FTFY

[Febo]

20 transactions in a single 2min block ? Unbelievable! /s

Exactly. A year ago that would be unbelievable. Now it happens quite often. And 100 transactiosn is unbelievable. Wonder when 100 transaction per block will be common thing.

[GreekBitcoin]

I expect to see XMR back at a reasonable price within the next week or two, 0.05 - 0.07 is reasonable

I'll take that price thank you --- prob the most sensible thing you've posted, well, ever.

I've been dealing with serious coins like ethereum lately, keep forgetting to put enough zeroes when dealing with shitcoins

Still waiting for those ring signatures that were coming on ethereum in a few months?

[nioc]

Did somebody say shit coin?

Well here is some salad for the fork.  The last couple of days there were 18 pull requests were merged from 10 different contributors.  

Including: wallet_merged: ringct added to dependencies  


Number of coins sold during the upswing = ZERO

Number of coins bought during the upswing = ?

[aminorex]

Well, I gotta work on Dr. Watsonstein all day, or I would make a nice transaction rate history chart, with short interest rates, lending book size, price and volume series', but maybe one of our neckbeards or bearded-ladies can crack open the basement window for a little while and do it for us?  Matplotlib/seaborn recommended, but ggplot2 is fine.  C'mon, prove you're NEET and 'l33t, and pass around some hard-core doujin chart porn, maybe get a contract offer from bull bear analytics for it.

Did somebody say shit coin?

"Woe to those who call good evil and call evil good"  --Is. 5:20

[primer-]

I expect to see XMR back at a reasonable price within the next week or two, 0.05 - 0.07 is reasonable

I'll take that price thank you --- prob the most sensible thing you've posted, well, ever.

I've been dealing with serious coins like ethereum lately, keep forgetting to put enough zeroes when dealing with shitcoins

Still waiting for those ring signatures that were coming on ethereum in a few months?

It's one of the least interesting Ethereum projects so no rush really. It'll be done when its done.

[obit33]

Well, I gotta work on Dr. Watsonstein all day, or I would make a nice transaction rate history chart, with short interest rates, lending book size, price and volume series', but maybe one of our neckbeards or bearded-ladies can crack open the basement window for a little while and do it for us?  Matplotlib/seaborn recommended, but ggplot2 is fine.  C'mon, prove you're NEET and 'l33t, and pass around some hard-core doujin chart porn, maybe get a contract offer from bull bear analytics for it.

ya, was thinking the same... could you point me to where I can find that data? I'd also like to overlay it with the same (historical) data from bitcoin's first 2 years... If I can find the data might give it a try in ggplot2... Hell, if I find some time I'll make a Shiny dashboard for it 

best regards,

[NewLiberty]

I expect to see XMR back at a reasonable price within the next week or two, 0.05 - 0.07 is reasonable

I'll take that price thank you --- prob the most sensible thing you've posted, well, ever.

I've been dealing with serious coins like ethereum lately, keep forgetting to put enough zeroes when dealing with shitcoins

Still waiting for those ring signatures that were coming on ethereum in a few months?

It's one of the least interesting Ethereum projects so no rush really. It'll be done when its done.

The most interesting so far was TheDAO, so yeah, can see why folks are so busy.

[cAPSLOCK]

I expect to see XMR back at a reasonable price within the next week or two, 0.05 - 0.07 is reasonable

I'll take that price thank you --- prob the most sensible thing you've posted, well, ever.

I've been dealing with serious coins like ethereum lately, keep forgetting to put enough zeroes when dealing with shitcoins

Still waiting for those ring signatures that were coming on ethereum in a few months?

It's one of the least interesting Ethereum projects so no rush really. It'll be done when its done.

I agree.  I think the sorts of features that allow people to siphon off millions of of coins causing the need for hard forks and legitimizing a forked project are far far more interesting.

[TrueCryptonaire]

Do we see 1000 btc Donald Trump type of bid wall near the market price at some point?  

[neilol-real]

Do we see 1000 btc Donald Trump type of bid wall near the market price at some point?  

Perhaps if we break .018

[Dafar]

Bought 20BTC worth of XMR at 0.0137 last night before going to sleep and just sold em all at 0.0153 for a cool 2 BTC profit   This is getting hella predictable

Although, I'm not sure if I should have sold yet... the market depth is looking real good right now....  it could be getting ready for a weekend lift off?

[RayX12]

Nice market analysis..  Bullish to the max!

Mr. Mcscrooge  we going to be rich!

https://btcmanager.com/news/moneros-run-just-starting-15-in-sight/

[rpietila]

Do we have 10-20 people willing to come to the 1st Global Monero Castle Summit?

I think it could be held 4 weeks from now, or some later time.

It's possible to come for 5 days, but the main event would be a weekend one.

[DonYo]

I'm done, I've minted all that I could, too much difficulty and too little reward.

I'll continue buying steady and slowly leaving behind my 0.0019 average buy to continue growing my little stack of moneros