[XMR] Monero Speculation

[explorer]

How do the vets figure a BTC hike to about $700 would affect the $50/xmr year-end goal?

BTC @ 700 is pretty much a non event, so very little effect, IMO.  Initial dip in the XMR order book as some traders try to make the most (?) of their capital, perhaps. 1700 may be a different story, as it will garner a LOT of attention, taking some away from Monero.

[1715247437]

1715247437

[1715247437]

1715247437

[1715247437]

1715247437

[N-rG]

ai 

[owlcatz]

ai 

Was that you buying more? 

[explorer]

ai 

Sell low, buy higher?

[owlcatz]

ai 

Sell low, buy higher?

I just did the opposite, but not much. I'm stingy on selling my XMR. I hodl more than trade.

[iluvbitcoins]

ai 

Sell low, buy higher?

I just did the opposite, but not much. I'm stingy on selling my XMR. I hodl more than trade.

Hodling was always my policy 

Got a bit burned by dogecoin though
Bitcoin however paid off a lot 

[1heisenberg]

hey what did i miss
http://myrcraft.com/xmr.html
what will  happen 2 hour later on xmr ? This hard fork for what , about fee or another privacy on tor ?

[Anon136]

hey what did i miss
http://myrcraft.com/xmr.html
what will  happen 2 hour later on xmr ? This hard fork for what , about fee or another privacy on tor ?

Confidential transactions. Essentially observers of the blockchain not only will be unable to determine the sender and the recipient, after this fork they will also have no way of knowing the amount of monero sent in each transaction. The privacy was "good enough" before, now its just... bananas.

[thsminer]

FYI

https://poloniex.com/press-releases/2016.09.21-notice-to-new-hampshire-residents/

[aminorex]

FYI

https://poloniex.com/press-releases/2016.09.21-notice-to-new-hampshire-residents/

"Live free or die."

Any large margined shorts in NH would cause some entertainment, I think.

[OrangeP]

FYI

https://poloniex.com/press-releases/2016.09.21-notice-to-new-hampshire-residents/

"Live free or die."

Any large margined shorts in NH would cause some entertainment, I think.

This policy is going to be implemented in all US states and will make crypto drop hardcore.

[N-rG]

This policy is going to be implemented in all US states

And so? Than people are going to just use exchange providers which are not located in the US Its anyway better for anyone cause no country on earth has such a spying GOV like US.

and will make crypto drop hardcore.

For sure not hardcore. Probably even no drop. If GOV tries to fight cryptos (what they are not doing atm) they'll lose like it was with prohibition.

Read the news behind the law. Its not about fighting, more about acceptance as a financial product. Which is quit good.

[zero1ten]

Is the current price pf Xmr at around .017 btc still viable to buy for a short term trade like a week or so? Im looking for altcoin to invest

[vokain]

Is the current price pf Xmr at around .017 btc still viable to buy for a short term trade like a week or so? Im looking for altcoin to invest

"You can't tell til you bet!"

lol @ "short term trade like a week or so" + "invest"

bro

So patience really is a virtue especially for newbies like me.

For everyone, really

[OrangeP]

This policy is going to be implemented in all US states

And so? Than people are going to just use exchange providers which are not located in the US Its anyway better for anyone cause no country on earth has such a spying GOV like US.

and will make crypto drop hardcore.

For sure not hardcore. Probably even no drop. If GOV tries to fight cryptos (what they are not doing atm) they'll lose like it was with prohibition.

Read the news behind the law. Its not about fighting, more about acceptance as a financial product. Which is quit good.

This regulation will also hit vendors accepting crypto for goods and services.
It's another big bump in the road towards acceptance and will scare a lot of investors (including me).

I'm wondering why no big financial institutions are into coins.
They are smart enough to see the potential profits, wealthy enough to make the market.
But they are fighting against the new world order of cash and this law is one result.

[N-rG]

@OrangeP

You have no idead dude how uninteresting these markets are atm for companies like goldman sachs etc. We talk about 12 Billion Dollar. That is nothing for them compared to stock exchanges. You have to learn a lot about this business. Cause they earn money with capital investmens, share holding and stock rollouts like facebook. A companie like Apple could buy all currencies over night.

We are with crypto what internet was with 56k modem in the 90s buddys.

Edit:

but if you convinced, than go short. Maybe you're also rich soon

[Globb0]

56k was high speed.

[OrangeP]

@OrangeP

You have no idead dude how uninteresting these markets are atm for companies like goldman sachs etc. We talk about 12 Billion Dollar. That is nothing for them compared to stock exchanges. You have to learn a lot about this business. Cause they earn money with capital investmens, share holding and stock rollouts like facebook. A companie like Apple could buy all currencies over night.

We are with crypto what internet was with 56k modem in the 90s buddys.

This is why I'm sure they are not in the game. The market cap. would be much bigger.
What I'm trying to say is that they will not join the game. They will try to kill it.

edit: I'm a long term "small"-bag-holder. I also trade with small amounts for over 3 years now (without any notable success yet).

[N-rG]

56k was high speed.

haha xD i hated this time so much. Remember when i tried to open with the netscape browser the aol.com site to get my mails. In the meantime i made coffee and ate breakfast

Horrible

[vokain]

@OrangeP

You have no idead dude how uninteresting these markets are atm for companies like goldman sachs etc. We talk about 12 Billion Dollar. That is nothing for them compared to stock exchanges. You have to learn a lot about this business. Cause they earn money with capital investmens, share holding and stock rollouts like facebook. A companie like Apple could buy all currencies over night.

We are with crypto what internet was with 56k modem in the 90s buddys.

This is why I'm sure they are not in the game. The market cap. would be much bigger.
What I'm trying to say is that they will not join the game. They will try to kill it.

edit: I'm a long term "small"-bag-holder. I also trade with small amounts for over 3 years now (without any notable success yet).

...

To wit, the firm sees blockchain technology as nothing more than a “fundamentally new type of database technology.” And as far as Goldman’s interests are concerned such as high-volume commercial transactions and sharing data between partners, it expects private blockchains to reign supreme.

...

Maybe they mean internal blockchains, maybe they're referring to a more confidential Bitcoin, maybe they want Monero, maybe they hedge a bit and keep an eye on all disruptive developments...