[XMR] Monero Speculation

[volyova]

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?
 

It's definitely happening, not just trollbox book-talking.

It's been heating up for a while now actually: I remember 'way back when the IRS/coinbase shit first started happening I posted somewhere that it'd serve the feds right if coinbase switched to Monero -- and at that point such a thing was more or less a total fantasy, LOL, "never gonna happen in a million years" kinda speculation talk.

This was just a couple months ago.

But then, shit started happening for real: Fluffy was invited to make a presentation to coinbase, Jaxx adding XMR got more serious, clear outta the blue XMR was added to Kraken, then after Fluffy's presentation went *really* well coinbase flat out said they're gonna be adding more alts in the coming year, and they ran an online poll for *which* coin should be next, and Monero totally dominated the poll.

So at this point it really appears to be a foregone conclusion that coinbase pretty likely WILL be adding Monero to their service soon... I'd say better than 80%+ likely unless some really unexpected event happens in the next couple months to prevent it for some unexpected reason.

At this point, it's hard to believe how quickly and massively the "stars have aligned" for XMR on this, in just the last couple months.

I'd say the vast majority of even well-intentioned Monero users (and crypto people who are only just "kinda aware" of Monero) are still probably TOTALLY CLUELESS THAT THIS IS COMING SOON.

I'd guess that this is *massively* NOT YET priced-in, at all... not by a long shot.

Probably gonna be a huge surprise when it hits, too...  

I can smell...desperation.

[1714897938]

1714897938

[OrangeP]

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?
 

At this point, it's hard to believe how quickly and massively the "stars have aligned" for XMR on this, in just the last couple months.

I'd say the vast majority of even well-intentioned Monero users (and crypto people who are only just "kinda aware" of Monero) are still probably TOTALLY CLUELESS THAT THIS IS COMING SOON.

I'd guess that this is *massively* NOT YET priced-in, at all... not by a long shot.

Probably gonna be a huge surprise when it hits, too...  

I can smell...desperation.

All priced in. What we need is adoption. Maybe marketing like Dash.

Otherwise: Just wait.

[volyova]

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?
 

At this point, it's hard to believe how quickly and massively the "stars have aligned" for XMR on this, in just the last couple months.

I'd say the vast majority of even well-intentioned Monero users (and crypto people who are only just "kinda aware" of Monero) are still probably TOTALLY CLUELESS THAT THIS IS COMING SOON.

I'd guess that this is *massively* NOT YET priced-in, at all... not by a long shot.

Probably gonna be a huge surprise when it hits, too...  

I can smell...desperation.

Maybe marketing like Dash.

Don't go there.

[KeyJockey]

I can smell...desperation.

LOL nice try troll... but, nope not hardly.

Go back and look at my history here: my basis price for the first XMR I bought 'way back in the olden days is a whopping... $0.70

Seventy-Whole-Cents I have at risk for each XMR in my hot little hands these days, whoop dee doo

I'm personally LONG PAST CARING if the daily price goes up or down a dollar or two.  Hell even if it ever "crashed" back to "only" five bucks I'd probably sell the house, sell the dog, sell the wife just to Back Up The Truck and buy MOAR XMR.

Unlike you I'm just a simple HODL'er who kinda-sorta actually understands the long-term impact of this *technology*... not a day-trader *cough* gambler *cough* probably like you. 

So, yeah... no... uh huh, good luck with that LOL

[volyova]

I can smell...desperation.

LOL nice try troll... but, nope not hardly.

Go back and look at my history here: my basis price for the first XMR I bought 'way back in the olden days is a whopping... $0.70

Seventy-Whole-Cents I have at risk for each XMR in my hot little hands these days, whoop dee doo

I'm personally LONG PAST CARING if the daily price goes up or down a dollar or two.  Hell even if it ever "crashed" back to "only" five bucks I'd probably sell the house, sell the dog, sell the wife just to Back Up The Truck and buy MOAR XMR.

Unlike you I'm just a simple HODL'er who kinda-sorta actually understands the long-term impact of this *technology*... not a day-trader *cough* gambler *cough* probably like you.  

So, yeah... no... uh huh, good luck with that LOL

Sure, buddy. I believe you.

[TMAN]

https://www.youtube.com/watch?v=Rie2jaQGHrc

fluffy live on radio

[Luxo]

I can smell...desperation.

LOL nice try troll... but, nope not hardly.

Go back and look at my history here: my basis price for the first XMR I bought 'way back in the olden days is a whopping... $0.70

Seventy-Whole-Cents I have at risk for each XMR in my hot little hands these days, whoop dee doo

I'm personally LONG PAST CARING if the daily price goes up or down a dollar or two.  Hell even if it ever "crashed" back to "only" five bucks I'd probably sell the house, sell the dog, sell the wife just to Back Up The Truck and buy MOAR XMR.

Unlike you I'm just a simple HODL'er who kinda-sorta actually understands the long-term impact of this *technology*... not a day-trader *cough* gambler *cough* probably like you.  

So, yeah... no... uh huh, good luck with that LOL

Sure, buddy. I believe you.

I don't see why his post would be desperation. Coinbase accepting XMR would be huge and what he said was true about coinbase liking fluffy's presentation and XMR winning the poll about coinbase adding Monero. Still speculation but there are signs that it is more leaning towards it happening than not.

[KeyJockey]

I don't see why his post would be desperation. Coinbase accepting XMR would be huge and what he said was true about coinbase liking fluffy's presentation and XMR winning the poll about coinbase adding Monero. Still speculation but there are signs that it is more leaning towards it happening than not.

LOL exactly, Luxo... his calling my post desperation is itself, *his* OWN desperation 

Pot? Meet kettle... what color are you? LOL

[Globb0]

https://www.youtube.com/watch?v=Rie2jaQGHrc

fluffy live on radio

Listening thanks

[medusa13]

Coinbase support would be huge.
I sold everything I own besides Factom and bought back into Monero a few days ago.
These are two of the projects I think have good long term investment potential, personally.

after the fluffy vid and the way he handled the compliance questions it will only be a matter of time, Jaxx and the latest fiat ramps in - it will cause a massive bloodbath for any shorters. 3-5 X price in a bubble

Speaking about shorters, there is very little Moneros available on the lending markets. There are at least two possible reasons for that: 1) GUI has attracted the coins from lending markets (the opportunity cost of withdrawal is the lost interest payments) 2) massive amounts of shorts are being opened.
Also it could be both options.

I recall very well seeing 250 000 or so Moneros available for borrowers. Today barely over 100 000 XMR.

the GUI has not a big effect, since those people dont own a lot of coins anyway (and therefore are no meaningful power in the lending market).

even to the occasional market observer it should be obvious that there are tons of shorts open right now.

...And the market is performing an attack on them.



Also nice hammer on the 3d candle (gj bull bros).

ccmf 

[volyova]

I can smell...desperation.

LOL nice try troll... but, nope not hardly.

Go back and look at my history here: my basis price for the first XMR I bought 'way back in the olden days is a whopping... $0.70

Seventy-Whole-Cents I have at risk for each XMR in my hot little hands these days, whoop dee doo

I'm personally LONG PAST CARING if the daily price goes up or down a dollar or two.  Hell even if it ever "crashed" back to "only" five bucks I'd probably sell the house, sell the dog, sell the wife just to Back Up The Truck and buy MOAR XMR.

Unlike you I'm just a simple HODL'er who kinda-sorta actually understands the long-term impact of this *technology*... not a day-trader *cough* gambler *cough* probably like you.  

So, yeah... no... uh huh, good luck with that LOL

Sure, buddy. I believe you.

I don't see why his post would be desperation. Coinbase accepting XMR would be huge and what he said was true about coinbase liking fluffy's presentation and XMR winning the poll about coinbase adding Monero. Still speculation but there are signs that it is more leaning towards it happening than not.

Hmm? Ok, lets have a look...umm Monero is mostly used by criminals and mined entirely by botnet criminals?? Oh yes, I must invest!  

[volyova]

Don't try to stop me, I am buying like a snorting bull!! Ahahahahaha...I love you guys.

[Globb0]

Hmm? Ok, lets have a look...umm Monero is mostly used by criminals and mined entirely by botnet criminals?? Oh yes, I must invest!  

"mostly used by criminals"

So we are all criminals? right. Any other evidence than you say so?


"mined entirely by botnets"

OK so presumably you are running a botnet that is almost the size of all hashing power? therefore you could know this for a fact?

......?


I don't know you but you come to a coin that has increased several fold in a few months and smell desperation? I guess your nose doesn't work either.

Alts may not be for you. Hope you don't lose too much.

[volyova]

Hmm? Ok, lets have a look...umm Monero is mostly used by criminals and mined entirely by botnet criminals?? Oh yes, I must invest!  

"mostly used by criminals"

So we are all criminals? right. Any other evidence than you say so?


"mined entirely by botnets"

OK so presumably you are running a botnet that is almost the size of all hashing power? therefore you could know this for a fact?

......?


I don't know you but you come to a coin that has increased several fold in a few months and smell desperation? I guess your nose doesn't work either.

Alts may not be for you. Hope you don't lose too much.

Do you really hope that?

[Globb0]

I believe I hoped nothing there?

Which point would you like to rebuke?

You don't have insider  knowledge of a massive botnet? or you know we are all criminals?

[volyova]

I believe I hoped nothing there?

Which point would you like to rebuke?

You don't have insider  knowledge of a massive botnet? or you know we are all criminals?

You said you hoped I don't lose too much.

[ozkraut]

I believe I hoped nothing there?

Which point would you like to rebuke?

You don't have insider  knowledge of a massive botnet? or you know we are all criminals?

Dont bother with the shill. All he wants is to spread negativity from his little frightened soul. Dont allow him. Just put on ignore and treat his statements with the same importance as a bicycle falling over in Beijing.

As to Criminals & Botnets: unfortunately freedom brings out the best and the worst in people. Often innovation is first adopted at the fringes as these areas have typically more to lose or gain. A natural process.

Desiring, no, demanding, privacy and financial sovereignty whenever I choose does not make me or any of us condone or commit criminal acts. If all you needed was a low risk opportunity to become a criminal, you have always been one. People make choices. People take responsibility, knowing or not. The ones that blame tools and infrastructure as enablers are the same that blame the gun. Laughable small little fearful things that think they can calm their frightened little selves by controlling all and everything. Pity them. Or the worst kind: those using those pitiful souls to further their agenda. They shall both fail in our laughter.

[QuantumTX]

i believe the future is in private transactions, it all just depends which chain has what it takes & which chain will be readily adopted 

[mnemonicsoup]

Yes, please don't feed the troll, just press ignore and he will get bored and move on. Trolls are sad and lonely souls, if they don't get attention to feed on, they go somewhere else.

He clearly has no idea about Monero, the technology and the community behind it or has despicable motives.

[nanobrain]