[XMR] Monero Speculation

[CTTE]

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?

[elrippo]

Well, the german speaking are thinking of something like this 

[rangedriver]

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.

[ArticMine]

Well, the german speaking are thinking of something like this 

Die deutschen Bären

[Luxo]

Still waiting on that Jaxx announcement. If what Anthony from Jaxx said is true, XMR should be accepted this week:

https://twitter.com/diiorioanthony/status/817490858039767041

[ozkraut]

Well, the german speaking are thinking of something like this  

Die deutschen Bären

Nah manchmal besser als Bulle (;-)

btw: speculate on this:

https://www.reddit.com/r/DarkNetMarkets/comments/5oaplz/purchase_order_for_gov_employees_monitoring_the/

[zoose]

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?

[Shiroslullaby]

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.

[CoinCidental]

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 

[nanobrain]

@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.

[Hueristic]

@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.

[zoose]

@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.

[OrangeP]

Finally some upward traction

[obit33]

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.html

not 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

[kurious]

@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.  

[elrippo]

Well, the german speaking are thinking of something like this 

Die deutschen Bären

Dann kommen eeh wieder die Bullen 

[elrippo]

Well, the german speaking are thinking of something like this  

Die deutschen Bären

Nah manchmal besser als Bulle (;-)

btw: speculate on this:

https://www.reddit.com/r/DarkNetMarkets/comments/5oaplz/purchase_order_for_gov_employees_monitoring_the/

Ohne Bären keine Bullen  

[Febo]

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.

[nanobrain]

@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.

[CryptoPH]

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