[XMR] Monero Speculation

[c789]

I read it and their treatment of Monero this time was pretty fair. But due to several past bogus articles, I can't help but to now approach their articles with the attitude of something like, "How are they going to attempt to discredit Monero this time?" After all, they are invested in Zcash and in many other coins, as a previous poster noted.

[KeyJockey]

They probably realized people are starting to figure out how biased they are, so this was a token "once a year" POSITIVE article about Monero.

That way they can get back to regularly slamming XMR and promoting their preferred shitcoins and still occasionally point to this article and say, "Oh no! See? We are not biased at all!  Look at all the nice things we said about you that one time...!!!"

[bitwolf]

MyMonero mobile app:
https://www.reddit.com/r/Monero/comments/6dw9cz/testing_the_mymonero_app/

[Aby Normal]

Positive Coindesk article about Monero could also mean that they dumped ZEC at the peak a week ago, now they bought XMR on dip, rinse and repeat with any coin they think its hot atm ...

Also there was one even more interesting article that was released 5 days ago when Monero started to rise:
https://coingeek.com/what-real-leadership-looks-like/

I'm not sure about Coingeek since before that article I didn't even knew about that webpage, but the timing was so ...

Anyway, I don't really need a fancy article to know where to put my last BTC in, last deposit finally arrived to Bitfinex after 10 days of waiting for retarded BTC blockchain to do its job (even with 0.0007BTC TX fee) - instantly converted to XMR

Now just one friendly suggestion for fellow traders - based on my experience over past few months, trading XMR on Bitfinex feels much better than on Poloniex because:

 - Bitfinex has no withdrawal limits for anonymous users. Its really not cool withdrawing XMR from Poloniex without KYC because of 2000usd limit (only about 50 XMR per day atm). I don't even consider filling KYC form since staying anonymous on exchange acts as additional privacy layer to my XMR stash.
 - Bitfinex trade engine is really good, there were no lags or disabled deposits/withdrawals so far.
 - Bitfinex liquidity and trade volume on XMR markets (especially XMR/USD) improved a lot over past few months. Some really nice fat buy/sell walls there and volume is also good. Any average trader (less than 5k XMR) will find Bitfinex liquidity and volume quite comfortable. Poloniex currently has an advantage only for whale traders (10k XMR or more).
 - With all those shitcoin pumps that smell on insider trading miles away, and insane volume that measures in hundreds of millions USD per day, its only matter of time when Poloniex will get same attention from US regulators as those Chinese markets got from PBOC few months ago.

I'm not advertising Bitfinex here, just sharing my user experience since I've been using both exchanges for casual trade. Also I'm bit worried cos there are maybe millions of XMR on Poloniex right now, and no matter how strong and secure Poloniex may be - they could be the major weakness of whole Monero project atm.

[iCEBREAKER]

I didn't ragedump, nor am I 'poutraged', I don't even think you have any obligation to do anything in particular.  I would just rather you didn't sneer at anyone who isn't (like you) gleefully happy about what happened, and I have voiced this opinion.  That's all.

Nice to know you didn't ragedump.

We've already discussed the many reasons some people are "gleefully happy" in reaction to the polarizing #FluffyGate performance art installation.

Calling my good-natured wish for Fluffy to enjoy National Wine Day a "sneer" is the part where you were poutraged (IIRC). 

This week XMR outperformed BTC by 6.5%.  Our Chief Entertainment Officer's next prank can't come soon enough! 

[novag]

Strong support on 160-170mBtc

[CryptoPH]

A decent Coindesk article on Monero, linked near that chart:

http://www.coindesk.com/what-to-know-before-trading-monero/

Worth a read...

Nice read. It has me thinking though, Monero is one of the few coins that coindesk doesn't have an ownership stake in (at least it sure seems that way).

For awhile they were churning out positive articles about Zcash left and right...and they have an ownership stake in it. Even now if you point out one of the many shortcomings of Zcash they'll delete your comment. And most of their articles have either been less-than-friendly to Monero or cast it in a negative light.

In short, their bias shows. I think most of us know that, but it's frustrating that the casual reader of that site doesn't get the full picture.

IMHO, that's good news. At least there are more people that will be in FOMO when Monero get into mainstream and price pops to uncharted territories.  

[kurious]

I didn't ragedump, nor am I 'poutraged', I don't even think you have any obligation to do anything in particular.  I would just rather you didn't sneer at anyone who isn't (like you) gleefully happy about what happened, and I have voiced this opinion.  That's all.

Nice to know you didn't ragedump.

We've already discussed the many reasons some people are "gleefully happy" in reaction to the polarizing #FluffyGate performance art installation.

Calling my good-natured wish for Fluffy to enjoy National Wine Day a "sneer" is the part where you were poutraged (IIRC).  

This week XMR outperformed BTC by 6.5%.  Our Chief Entertainment Officer's next prank can't come soon enough!  

It wasn’t you wishing him well for National Wine Day, no - I am a wine lover, too.

And I have no problem with FP, he seems a decent enough sort, if capable of an (at least arguably) ill-judged joke.

Spilled milk - I have moved on, I trust you can too.  There has been enough said on this whole affair now.  

I assume we can agree we both share an interest in the best truly fungible digital currency and wish all the devs and Monero well.

[iCEBREAKER]

There has been enough said on this whole affair now.  

I assume we can agree we both share an interest in the best truly fungible digital currency and wish all the devs and Monero well.

Yes indeed!  Barolo and hugs all around!   

[kurious]

There has been enough said on this whole affair now.  

I assume we can agree we both share an interest in the best truly fungible digital currency and wish all the devs and Monero well.

Yes indeed!  Barolo and hugs all around!   

Cheers!

A good Barolo would be nice, but I am still looking for Monero to give me an excuse to open the last of these I have left.

[kurious]

Someone wants some Monero...

Just watched a single buy of 2500-ish I think.  Nice action.

[viralz]

A decent Coindesk article on Monero, linked near that chart:

http://www.coindesk.com/what-to-know-before-trading-monero/

Worth a read...

unusual for coindesk. Quite balanced and largely correct....FP stunt ? (;-)


Ah just noticed: 1st on page 1500! yeah!

By the way, it is funny that you wrote:
Ah just noticed: 1st on page 1500! yeah!

I was looking for any news here and you wrote something important, LOL

[cryptimus prime]

XMR is on the Huobi list of coins they want to list in future on their exchange: https://twitter.com/cnLedger/status/869046697992650753

[CryptoPH]

XMR is on the Huobi list of coins they want to list in future on their exchange: https://twitter.com/cnLedger/status/869046697992650753

And Dogecoin is even higher in rank?  
This proves again, that there will be more people that will understand the technology later, and thus add to price chasers due to FOMO.  

[noobtrader]

Someone wants some Monero...

Just watched a single buy of 2500-ish I think.  Nice action.

 

wow tell me more about it...

lot of scammer are making money on this "NEWS ANNOUNCEMENT"   those money are being cleansed atm and soon those profit will flow back into XMR...

so....
congrats  guys... XMR will  beat DASH MK soon... its all that matter rihg guys ?

[Hueristic]

XMR is on the Huobi list of coins they want to list in future on their exchange: https://twitter.com/cnLedger/status/869046697992650753

And Dogecoin is even higher in rank?  
This proves again, that there will be more people that will understand the technology later, and thus add to price chasers due to FOMO.  

This chart is a complete joke!



So I got home from casino and forgot I had a long since last Wed @ 182 nice to see the red disappearing.

[cAPSLOCK]

XMR is on the Huobi list of coins they want to list in future on their exchange: https://twitter.com/cnLedger/status/869046697992650753

And Dogecoin is even higher in rank? 
This proves again, that there will be more people that will understand the technology later, and thus add to price chasers due to FOMO. 

This chart is a complete joke!



So I got home from casino and forgot I had a long since last Wed @ 182 nice to see the red disappearing.

Two thoughts on this.

First I see this as an interesting glimpse into the perceived value of Monero and other alts by a very important player in a very important culture.  This should give those in our community who are bent on marketing the marching orders they need.  Though I personally fit in with our naturally technophillic navel gazing culture in Monero there are some of us who are gifted to tell the story of our project.  These folks are important.  But by 'marketing' I do not mean a focused barrage of lies or 'pumps' as folks like the idiot duck are always talking about, but instead shaping the organic conversations and narrative WE are responsible for as the frontrunners in the monero project.  We see for our Chinese markets we need to clarify our tech, and explain how Monero mitigates risk. 

This chart is a goldmine if we see it as an opportunity rather than a judgement.  Honestly I see it as a reverse engineered list of poloniex's top traded alts, basically in order of volume recently.  Then someone ranking coin aspects to try to make sense of that order.  Not so scientific but pretty revelatory of opinions.

Second... are you guys seeing what i am seeing?  The big player exchanges are starting to realize alts are important, and just about all of them have monero either publicly on their radar or there are rumors of it.  C Lee's polls, coinbase rumors.  Bitfinex and Kraken addidions, and now one of the serious leaders in the Chinese market.  Feels like a critical mass to me.  We better be ready.

[mnemonicsoup]

Great post, cAPSLOCK. I totally agree.

[kurious]

Great post, cAPSLOCK. I totally agree.

I agree, good post cAPSLOCK - where others see obstacles, the wise see stepping stones.

[novag]

We going to 0.025