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zoose
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January 17, 2017, 12:28:59 AM |
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So, someone just stated in the Polo trollbox that CoinBase had announce Monero support which has started a nice little uptick in pricing. I can't find any evidence to prove it so, I'm sure it was someone just talking their book.
Anyway, the question I have is if/when they do add USD/XMR pair how many Monero will they have to have on hand in inventory to even start trading? I would think it would be substantial, so shouldn't we expect that they are looking to accumulate now or at least soon if they haven't already started?
Thoughts?
I'd be very surprised if Coinbase announced XMR adoption now, and at least for a few more months. They would be advised to ride the downtrend to find the bottom and accumulate accordingly. Gut feeling says that Monero and Litecoin will be announced together, probably in March sometime. XMR & LTC on Coinbase? Do you have any proof of this?
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Shiroslullaby
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January 17, 2017, 12:31:55 AM |
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Both XMR and Litecoin being added would not be surprising. Coinbase has said that they want to add multiple coins in the future, and both of these coins will probably be eventually added. I feel like you are right and the 3-4 month timetable would be appropriate.
Many rumors about Jaxx being released in the next day or two. Wondering if this will have any effect on the price.
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CoinCidental
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Si vis pacem, para bellum
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January 17, 2017, 01:44:20 AM |
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So, someone just stated in the Polo trollbox that CoinBase had announce Monero support which has started a nice little uptick in pricing. I can't find any evidence to prove it so, I'm sure it was someone just talking their book.
Anyway, the question I have is if/when they do add USD/XMR pair how many Monero will they have to have on hand in inventory to even start trading? I would think it would be substantial, so shouldn't we expect that they are looking to accumulate now or at least soon if they haven't already started?
Thoughts?
I'd be very surprised if Coinbase announced XMR adoption now, and at least for a few more months. They would be advised to ride the downtrend to find the bottom and accumulate accordingly. Gut feeling says that Monero and Litecoin will be announced together, probably in March sometime. XMR & LTC on Coinbase? Do you have any proof of this? Fluffypony went to coinbase last week ,i doubt it was for no reason 
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nanobrain
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Dumb broad
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January 17, 2017, 03:07:30 AM |
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@LennyCarl - don't take any 'predictions' you see here as in any way accurate or reliable -- especially mine. I try my best looking at the chart and using the TA knowledge I've picked up over the last 4 years of doing this. But the landscape changes so quickly (the events coming out of China this last week or so is a good example) and crypto prices are hyper-sensitive to sentiment and/or news.
But be especially wary of those who use these tools and lay claim to expertise - they are really dangerous.
@Febo. No, I meant USD. Over the last month XMR smashed through its ATH (when valued against USD) but you'd hardly have noticed if you'd read these pages because it was masked by BTC rise. Instead we continue to judge alts value against BTC because of bizarre idealogical reasons based on predictions the global economy will collapse any day soon.
A bit like the bloke who wanders through the street claiming the end of the world is nigh, crypto is obsessed with financial Armageddon. I've been on these boards for four years now and the end of days is always being predicted (given traditional financial markets move in seven year cycles there's never a crisis too far away.)
And of course the ultimate contradiction is that BTC is constantly valued against the USD. Traditional currencies may well be used and abused but I don't see why they are a good enough benchmark for BTC but not for XMR.
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Hueristic
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Doomed to see the future and unable to prevent it
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January 17, 2017, 05:00:23 AM |
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@LennyCarl - don't take any 'predictions' you see here as in any way accurate or reliable -- especially mine. I try my best looking at the chart and using the TA knowledge I've picked up over the last 4 years of doing this. But the landscape changes so quickly (the events coming out of China this last week or so is a good example) and crypto prices are hyper-sensitive to sentiment and/or news.
But be especially wary of those who use these tools and lay claim to expertise - they are really dangerous.
@Febo. No, I meant USD. Over the last month XMR smashed through its ATH (when valued against USD) but you'd hardly have noticed if you'd read these pages because it was masked by BTC rise. Instead we continue to judge alts value against BTC because of bizarre idealogical reasons based on predictions the global economy will collapse any day soon.
A bit like the bloke who wanders through the street claiming the end of the world is nigh, crypto is obsessed with financial Armageddon. I've been on these boards for four years now and the end of days is always being predicted (given traditional financial markets move in seven year cycles there's never a crisis too far away.)
And of course the ultimate contradiction is that BTC is constantly valued against the USD. Traditional currencies may well be used and abused but I don't see why they are a good enough benchmark for BTC but not for XMR.
Anyone that has any understanding of the real world knows USD will be here far longer than we will. The largest military presence the world has ever know backs USD, It's pretty damn safe. The guy with the biggest stick makes the rules no matter how civilized we want to think we are.
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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zoose
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January 17, 2017, 06:20:08 AM |
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@LennyCarl - don't take any 'predictions' you see here as in any way accurate or reliable -- especially mine. I try my best looking at the chart and using the TA knowledge I've picked up over the last 4 years of doing this. But the landscape changes so quickly (the events coming out of China this last week or so is a good example) and crypto prices are hyper-sensitive to sentiment and/or news.
But be especially wary of those who use these tools and lay claim to expertise - they are really dangerous.
@Febo. No, I meant USD. Over the last month XMR smashed through its ATH (when valued against USD) but you'd hardly have noticed if you'd read these pages because it was masked by BTC rise. Instead we continue to judge alts value against BTC because of bizarre idealogical reasons based on predictions the global economy will collapse any day soon.
A bit like the bloke who wanders through the street claiming the end of the world is nigh, crypto is obsessed with financial Armageddon. I've been on these boards for four years now and the end of days is always being predicted (given traditional financial markets move in seven year cycles there's never a crisis too far away.)
And of course the ultimate contradiction is that BTC is constantly valued against the USD. Traditional currencies may well be used and abused but I don't see why they are a good enough benchmark for BTC but not for XMR.
Anyone that has any understanding of the real world knows USD will be here far longer than we will. The largest military presence the world has ever know backs USD, It's pretty damn safe. The guy with the biggest stick makes the rules no matter how civilized we want to think we are. I agree with that. But there is room for other players.
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OrangeP
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January 17, 2017, 08:41:33 AM |
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Finally some upward traction 
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Hottest Coins: Decred, ZCoin, Waves
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obit33
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January 17, 2017, 08:55:40 AM Last edit: January 17, 2017, 10:05:29 AM by obit33 |
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Anyone that has any understanding of the real world knows USD will be here far longer than we will. The largest military presence the world has ever know backs USD, It's pretty damn safe. The guy with the biggest stick makes the rules no matter how civilized we want to think we are.
don't agree, it's pretty obvious the reserve-currency status of the USD is being hollowed out by a new axis of countries who have only one choice: work together or be obedient to the US... China, Russia and Iran will work together more and more, more and more the USD will be shunned for international trade. Silk road 2.0, AIIB, SGE, ... bilateral oil-trades. Where was the US-military in Syria btw? Right, it were the Russians who called the shots... US may have the biggest stick, it won't take on China, Russia and Iran together. In addition we might also see a pivot from Europe to Asia... If the US has no friends left, they can forget it... the unipolar world is finished. The neocon US-policy overplayed its hand, and its deathbed is made. This is a nice summary I think: http://www.strategic-culture.org/news/2016/12/19/geopolitics-globalization-and-world-order.htmlnot saying the USD will be dead tomorrow, but if you have another decade to live I'm pretty sure you will live to see its reserve-status finished... and rightly so... best regards
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kurious
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January 17, 2017, 09:15:13 AM |
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@LennyCarl - don't take any 'predictions' you see here as in any way accurate or reliable -- especially mine. I try my best looking at the chart and using the TA knowledge I've picked up over the last 4 years of doing this. But the landscape changes so quickly (the events coming out of China this last week or so is a good example) and crypto prices are hyper-sensitive to sentiment and/or news.
But be especially wary of those who use these tools and lay claim to expertise - they are really dangerous.
@Febo. No, I meant USD. Over the last month XMR smashed through its ATH (when valued against USD) but you'd hardly have noticed if you'd read these pages because it was masked by BTC rise. Instead we continue to judge alts value against BTC because of bizarre idealogical reasons based on predictions the global economy will collapse any day soon.
A bit like the bloke who wanders through the street claiming the end of the world is nigh, crypto is obsessed with financial Armageddon. I've been on these boards for four years now and the end of days is always being predicted (given traditional financial markets move in seven year cycles there's never a crisis too far away.)
And of course the ultimate contradiction is that BTC is constantly valued against the USD. Traditional currencies may well be used and abused but I don't see why they are a good enough benchmark for BTC but not for XMR.
It's probably simply because of Polo being where most XMR is traded. Polo is effectively an exchange where BTC is traded for alts and vice versa. Everything there is seen in the context of its price relative to BTC. Gains and losses are counted in BTC. Anyone holding XMR as a long term investment should of course be thinking of its ultimate fiat value, since if you want to cash in your investment's value to spend, you will be looking at its value in fiat. Of course the USD price matters and very few are watching it. The fact we went over the USD ATH and very few here even seemed to notice is proof of this and IMHO totally daft.
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我想要火箭和火车
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elrippo
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January 17, 2017, 11:26:35 AM |
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Well, the german speaking are thinking of something like this  Die deutschen Bären Dann kommen eeh wieder die Bullen 
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elrippo
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January 17, 2017, 11:26:54 AM |
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Ohne Bären keine Bullen 
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Febo
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January 17, 2017, 11:47:13 AM Last edit: January 17, 2017, 12:05:07 PM by Febo |
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Anyone that has any understanding of the real world knows USD will be here far longer than we will. The largest military presence the world has ever know backs USD, It's pretty damn safe. The guy with the biggest stick makes the rules no matter how civilized we want to think we are.
don't agree, it's pretty obvious the reserve-currency status of the USD is being hollowed out by a new axis of countries who have only one choice: work together or be obedient to the US... China, Russia and Iran will work together more and more, more and more the USD will be shunned for international trade. Silk road 2.0, AIIB, SGE, ... bilateral oil-trades. Where was the US-military in Syria btw? Right, it were the Russians who called the shots... US may have the biggest stick, it won't take on China, Russia and Iran together. In addition we might also see a pivot from Europe to Asia... If the US has no friends left, they can forget it... the unipolar world is finished. USA will less try to do things on their own. Not saying they are doing it. But You cant expect that just everyone will gang against them. Also is hard to expect others will gang at all, but more likely oppose each other. What bothered me in your post most was Iran. Iran is not a huge force. And with less and less importance of Oil will be even less important. What I see most neglects is India. India will first become biggest country, then strongest economy and last strongest military. All this will happen in this century. Europe is still there, but losing power so as Japan. Beside Brazil and Mexico which rare count as one of strongest countries, upcoming countries are also Indonesia and Nigeria. 
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nanobrain
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Dumb broad
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January 17, 2017, 01:01:12 PM |
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@LennyCarl - don't take any 'predictions' you see here as in any way accurate or reliable -- especially mine. I try my best looking at the chart and using the TA knowledge I've picked up over the last 4 years of doing this. But the landscape changes so quickly (the events coming out of China this last week or so is a good example) and crypto prices are hyper-sensitive to sentiment and/or news.
But be especially wary of those who use these tools and lay claim to expertise - they are really dangerous.
@Febo. No, I meant USD. Over the last month XMR smashed through its ATH (when valued against USD) but you'd hardly have noticed if you'd read these pages because it was masked by BTC rise. Instead we continue to judge alts value against BTC because of bizarre idealogical reasons based on predictions the global economy will collapse any day soon.
A bit like the bloke who wanders through the street claiming the end of the world is nigh, crypto is obsessed with financial Armageddon. I've been on these boards for four years now and the end of days is always being predicted (given traditional financial markets move in seven year cycles there's never a crisis too far away.)
And of course the ultimate contradiction is that BTC is constantly valued against the USD. Traditional currencies may well be used and abused but I don't see why they are a good enough benchmark for BTC but not for XMR.
Anyone that has any understanding of the real world knows USD will be here far longer than we will. The largest military presence the world has ever know backs USD, It's pretty damn safe. The guy with the biggest stick makes the rules no matter how civilized we want to think we are. Saying that we are heading into some uncharted waters with Trump thinking he can take on China in some sort of trade war or challenge the one china policy. To the best of my knowledge China essentially owns the USA by way of bonds issued over the last ten years or so ie it has been Chinese investment that enabled the US to recover from the GFC. If China decides to 'cash in' those bonds then the US and its economy goes down the sink hole. I assume that is what the PBC meant today when it said Trump would be "shooting himself in the foot" if he decided to challenge China over...well, pretty much anything.
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CryptoPH
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<3 Crypto
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January 17, 2017, 01:07:01 PM |
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Anyone that has any understanding of the real world knows USD will be here far longer than we will. The largest military presence the world has ever know backs USD, It's pretty damn safe. The guy with the biggest stick makes the rules no matter how civilized we want to think we are.
don't agree, it's pretty obvious the reserve-currency status of the USD is being hollowed out by a new axis of countries who have only one choice: work together or be obedient to the US... China, Russia and Iran will work together more and more, more and more the USD will be shunned for international trade. Silk road 2.0, AIIB, SGE, ... bilateral oil-trades. Where was the US-military in Syria btw? Right, it were the Russians who called the shots... US may have the biggest stick, it won't take on China, Russia and Iran together. In addition we might also see a pivot from Europe to Asia... If the US has no friends left, they can forget it... the unipolar world is finished. USA will less try to do things on their own. Not saying they are doing it. But You cant expect that just everyone will gang against them. Also is hard to expect others will gang at all, but more likely oppose each other. What bothered me in your post most was Iran. Iran is not a huge force. And with less and less importance of Oil will be even less important. What I see most neglects is India. India will first become biggest country, then strongest economy and last strongest military. All this will happen in this century. Europe is still there, but losing power so as Japan. Beside Brazil and Mexico which rare count as one of strongest countries, upcoming countries are also Indonesia and Nigeria.  I couldn't agree more!  i
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nanobrain
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Dumb broad
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January 17, 2017, 01:11:43 PM |
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For the gentleman who was moaning that there wasn't enough speculation in this thread and LennyCarl, who erroneously thinks my speculative efforts are in any way accurate, I draw your attention to this thread https://bitcointalk.org/index.php?topic=1161207.1500Afrikoin is a lovely bloke who applies mathematic rigour and all sorts of TA to his speculations. Yesterday, he said: "We are going to $600s at some point soon. Definitely" You may as well shoot the breeze about whatever topic you want as speculate what a cryptocoin will do in the future. 
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CryptoPH
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<3 Crypto
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January 17, 2017, 01:27:28 PM |
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Seems like Dash is finally catching up with Monero.
7 Dash DASH $97,121,967 $13.80948263 $13.1270 7,032,991 $4,789,840 9.96% Buy / Sell 5 Monero XMR $158,149,459 $11.48611848 $10.8506 13,768,747 $3,317,480 10.85% Buy / Sell
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obit33
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January 17, 2017, 01:34:58 PM |
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Anyone that has any understanding of the real world knows USD will be here far longer than we will. The largest military presence the world has ever know backs USD, It's pretty damn safe. The guy with the biggest stick makes the rules no matter how civilized we want to think we are.
don't agree, it's pretty obvious the reserve-currency status of the USD is being hollowed out by a new axis of countries who have only one choice: work together or be obedient to the US... China, Russia and Iran will work together more and more, more and more the USD will be shunned for international trade. Silk road 2.0, AIIB, SGE, ... bilateral oil-trades. Where was the US-military in Syria btw? Right, it were the Russians who called the shots... US may have the biggest stick, it won't take on China, Russia and Iran together. In addition we might also see a pivot from Europe to Asia... If the US has no friends left, they can forget it... the unipolar world is finished. USA will less try to do things on their own. Not saying they are doing it. But You cant expect that just everyone will gang against them. Also is hard to expect others will gang at all, but more likely oppose each other. What bothered me in your post most was Iran. Iran is not a huge force. And will less and less importance of Oil will be even less important. What I see most neglects is India. India will first become biggest country, then strongest economy and last strongest military. All this will happen in this century. Europe is still there, but losing power so as Japan. Upcoming countries are Brazil, Indonesia and Nigeria.  As said, I don't think the others have much choice, it's gang up or be bullied into obedient serfdom... Trump might try to become better friends with Russia, but who knows if that will work out... Tell me which friends are left for the USA? Even Europe is turning on them as I feel it, and rightly so, the Washington imposed Russian sanctions have only hurt Europe... Iran is a force to be reckoned with in the Persian Gulf... There's also a difference: USA needs to use its naval power for offensive purposes. Tehran needs naval power exclusively for defensive purposes... so they (Russia, China, Tehran) build anti-ship, ant-aircraft and anti-ballistic systems... There's also technologytransfer between said countries, these defensive systems would face the USA with heavy losses... Only reason why Syria and Iran remain sovereign nations is because of the military cost that an invasion or bombing would have brought on the USA... the essence of deterrence... You're right about India btw, but I don't know where their allegiance (will) lay, they're pretty neutral to me right now... The chart you post is made up by a US-agency, you'll have to forgive me to not trust anything that comes from said agencies... one only needs to look at the US employmentdata produced by the BLS to know what kind of politicized bullshit said agencies produce... I might trust a chart of the current status, but the predictive capabilities of these agencies are so flawed and coloured that I'd trust my own belly before them... Look at what the IMF comes up with every year... I also don't think that this chart can possibly incorporate 'black swan events' such as loss of reserve-currency-status... But as always, only the future will tell who's (more) right... best regards,
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TrueCryptonaire
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January 17, 2017, 02:27:39 PM |
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I am following the inflation rate of Monero but sadly probably the only relevant stat to me has been disappeared when coinmarketcap replaced the old statistic site with the current http://moneroblocks.info/
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