[XMR] Monero Speculation

[Moon_Man]

monero looking good

[notrouble]

monero looking good

Really good

Let us enjoy this beautiful chart. Everything ist going down, but monero has got over 10% plus. I do not think this will hold, but it makes me happy, that the coin I believe in most is in the spotlight right now.

[novag]

Moonero Thoughts - 7.25.17

https://www.tradingview.com/chart/XMRBTC/y5Txjvwe-Moonero-Thoughts-7-25-17

Hi all! New to this, just trying to publish some (very) amateur TA thoughts and review/reflect in a couple of days/weeks. My thoughts for XMRBTC 14.84% as follows:

- Potential E2E trade on the 4HR Ichimoku Cloud .
- This could also make for a breakout of the current trendline , likely around 0.016.
- Bullish TK 2.08% Cross ~1 day ago.
- Bottomed out on the StochRSI (4HR).
- If we zoom out, we can see that it has a tendency to retrace to the 0.5 Fib on the daily. I expect this to happen should we pass the 0.236 Fib level.
- Very strong buy side.

Taking a long position on XMRBTC 14.84% and going to see if this plays out. Any feedback would be appreciated


XMRUSD LONG-TERM LONG!

https://www.tradingview.com/chart/XMRUSD/3Z8O3RdJ-XMRUSD-LONG-TERM-LONG/

[7thKingdom]

Someone market bought XMR worth around 2 million US dollar in just a second.  

massive buy to enter the market as quickly as possible on the same day one of the guys running BTC-E who was possibly involved in the hack of Mt Gox gets arrested. Things that make you go hmmmm.

[rdnkjdi]

Someone market bought XMR worth around 2 million US dollar in just a second.  

massive buy to enter the market as quickly as possible on the same day one of the guys running BTC-E who was possibly involved in the hack of Mt Gox gets arrested. Things that make you go hmmmm.

Yeahhhhh ... I'm looking at zCash, zCoin & Dash.  Surprised he's not buying them all up if he's in a huge rush.  

This could turn into an interesting dynamic.  Are the exchanges that receive stolen coins on exit scams or someone running from the law in this situation obligated to turn over their received bitcoin to the law even though someone has withdrawn the exchanged asset?  How long does this responsibility follow them?

[nioc]

Someone market bought XMR worth around 2 million US dollar in just a second.  

massive buy to enter the market as quickly as possible on the same day one of the guys running BTC-E who was possibly involved in the hack of Mt Gox gets arrested. Things that make you go hmmmm.

Yeahhhhh ... I'm looking at zCash, zCoin & Dash.  Surprised he's not buying them all up if he's in a huge rush. 

He might be in a rush but I don't think he wants to be on dash's rich list   

He chose the best

[bitebits]

So within a very short time frame some big players in the space have been taken down because of fungibility issues: Alphabay, Bitmixer and now BTC-e. Never had to use these services but this might finally wake up the discussion about the importance of fungibility.

[CaptainJack]

Sequoia and Andreessen Horowitz Are Secretly Backing This Cryptocurrency Hedge Fund" - Monero Mentioned

http://fortune.com/2017/07/26/bitcoin-cryptocurrency-hedge-fund-sequoia-andreessen-horowitz-metastable/

[c789]

Are the exchanges that receive stolen coins on exit scams or someone running from the law in this situation obligated to turn over their received bitcoin to the law even though someone has withdrawn the exchanged asset?  How long does this responsibility follow them?

I'm not sure about the exchange situation, but if they had been using the most fungible coin (Monero), they wouldn't have to worry about it.

[Hueristic]

Nice to see! This takes the edge off the short I did on ETH yesterday. Since my margin is in XMR I can hold that short longer!

[5thangel]

Tone Vays is Very positive about the Monero  

https://www.youtube.com/watch?v=lvD7aDeVOIQ

[noise2]

Someone market bought XMR worth around 2 million US dollar in just a second.  

massive buy to enter the market as quickly as possible on the same day one of the guys running BTC-E who was possibly involved in the hack of Mt Gox gets arrested. Things that make you go hmmmm.

Yeahhhhh ... I'm looking at zCash, zCoin & Dash.  Surprised he's not buying them all up if he's in a huge rush.  

This could turn into an interesting dynamic.  Are the exchanges that receive stolen coins on exit scams or someone running from the law in this situation obligated to turn over their received bitcoin to the law even though someone has withdrawn the exchanged asset?  How long does this responsibility follow them?

Yeah... Why choose Dash where the Masternodes could be targeted in the same way? Or ZCash which is a damn US company?

Why not choose the best coin instead?

[bitcoinvest]

We have seen nothing yet... Monero can very easy go double from what we are now in matter of some days.

[nioc]

Someone market bought XMR worth around 2 million US dollar in just a second.  

massive buy to enter the market as quickly as possible on the same day one of the guys running BTC-E who was possibly involved in the hack of Mt Gox gets arrested. Things that make you go hmmmm.

Yeahhhhh ... I'm looking at zCash, zCoin & Dash.  Surprised he's not buying them all up if he's in a huge rush. 

He might be in a rush but I don't think he wants to be on dash's rich list   

He chose the best

When I posted this I didn't have access to the following from the Electric Coin Company aka Zcash, nothin like a centralized company so people can knock on the door.

https://twitter.com/zooko/status/863202798883577856

 "And by the way, I think we can successfully make Zcash too traceable for criminals like WannaCry, but still completely private & fungible. …"
6:22 PM - 12 May 2017

 

So why didn't he use zcash which was developed with the help of the DOD amongst others?

[r0ach]

So within a very short time frame some big players in the space have been taken down because of fungibility issues: Alphabay, Bitmixer and now BTC-e. Never had to use these services but this might finally wake up the discussion about the importance of fungibility.

It's not possible for any cryptocurrency to be "fungible"; not traceable - sure, but fungible, no:

CT and schnorr sigs will make btc fungible.

Cryptocurrency is NOT fungible.  You're trying to make believe that if coins can be tumbled it's somehow fungible but there is more to it than that.  If anything about the protocol at all can be altered via a strongman or banana republic voting to take over it's exposed power vacuum it's not fungible.  Anonymint even agreed on this at one point in time but he has probably cucked out and did a 180 now that he wants to release a cryptocurrency of his own.

Money = has objective, static traits

Currency = random arbitrary bullshit some guy makes up and constantly fiddles with like fiat or bitcoin. If it's possible for your money to "hard fork", or randomly morph from one thing to another, it's not fungible, and hence not money. In that circumstance you are involved in some type of scheme with a schemer ruling over you.

It doesn't matter if said forks are orchestrated by a banana republic of miners in a voting process. There is no Nash equilibrium in cryptocurrency, only a power vacuum to be filled by a top down hierarchy or strongman. To escape this master and servant hierarchy you have to use real money that cannot be altered or tampered with by third parties.

[nioc]

Good idea!

https://pbs.twimg.com/media/C3NPhM7UkAA7Wtq.jpg:large

[bbc.reporter]

It is nice to see that Aeon's ally in the cryptospace is again having the attention of everyone right after the fall of the biggest darknet market.

I request that some of you Moneroids help us the Aeonites. Our kingdom is under attack by botnets and our coins is dumped in the market. We need the support.

[tokeweed]

Now the recent XMR spike seems more than related to the btc-e case. Some unarrested admin of btc-e has entered big time.

You really think so?  Wouldn't that make Monero a target by the US effing government?  I think it's a bad idea to be a target this early in the game.  I mean XMR hasn't established itself like Bitcoin has.

[5thangel]

Now the recent XMR spike seems more than related to the btc-e case. Some unarrested admin of btc-e has entered big time.

You really think so?  Wouldn't that make Monero a target by the US effing government?  I think it's a bad idea to be a target this early in the game.  I mean XMR hasn't established itself like Bitcoin has.

You've got a point there

[Whtwabbit]

Now the recent XMR spike seems more than related to the btc-e case. Some unarrested admin of btc-e has entered big time.

You really think so?  Wouldn't that make Monero a target by the US effing government?  I think it's a bad idea to be a target this early in the game.  I mean XMR hasn't established itself like Bitcoin has.

You've got a point there

"For bitcoin to make it, it needs to be banned by a few governments and critiqued by policy makers. Otherwise it will fade." -Nassim Nicholas Taleb..

just swap bitcoin for Monero