[XMR] Monero Speculation

[kurious]

Been watching XMR and BTC like a hawk, obviously.

I notice that XMR seems to have gained a little back in USD terms since dropping from $125 before the latest BTC moon.

We dipped to $121 (ish) but have slowly crawled back up to round to $124 mark, it seems.

In spite of wankalone's rantings, 0.015 hasn't significantly capitulated in spite of the over $7900 level BTC has reached.   I guess BTC being a touch less volatile and staying under the 8000 mark may be simply respite if it sharply leaps up again.  But it does seem to indicate underlying strength to the XMR price that certain people were not expecting, at the very least.  Maintaining USD price (or even gaining a touch) in current conditions bodes well.

I certainly dumped all the rest of my alts in favour of riding the BTC train.  Any increase in my BTC stash as I trade is poised to go into XMR if things turn - as at some point they must.

The steady fiat price point must reassure the DNMS at least.  

[starmman]

Been watching XMR and BTC like a hawk, obviously.

I notice that XMR seems to have gained a little back in USD terms since dropping from $125 before the latest BTC moon.

We dipped to $121 (ish) but have slowly crawled back up to round to $124 mark, it seems.

In spite of wankalone's rantings, 0.015 hasn't significantly capitulated in spite of the over $7900 level BTC has reached.   I guess BTC being a touch less volatile and staying under the 8000 mark may be simply respite if it sharply leaps up again.  But it does seem to indicate underlying strength to the XMR price that certain people were not expecting, at the very least.  Maintaining USD price (or even gaining a touch) in current conditions bodes well.

I certainly dumped all the rest of my alts in favour of riding the BTC train.  Any increase in my BTC stash as I trade is poised to go into XMR if things turn - as at some point they must.

The steady fiat price point must reassure the DNMS at least.  

I'm still trading my market making strategy on alts with volatility in the markets - and still at parity in terms of BTC, but that's involved thousands of automated trades, so you've made a good decision there =)

[Hueristic]

Well Polo fucked me again, tried to go long they charged me the conversion fees and cancelled my order when the market went in my direction.

Code:

2017-11-17 16:12:10	Sell	0.01547032	0.00000193	0.00000002
2017-11-17 16:12:10	Sell	0.01547032	0.00000129	0.00000001
2017-11-17 16:11:08	Sell	0.01547029	0.00000517	0.00000007
2017-11-17 16:11:08	Sell	0.01547029	0.00000129	0.00000001
2017-11-17 16:10:50	Sell	0.01547029	0.00000193	0.00000002
2017-11-17 16:10:46	Sell	0.01547029	0.00000129	0.00000001
2017-11-17 16:10:34	Sell	0.01547028	0.00000129	0.00000001

One of these days they are going to be talking to my attorney generals office.

[kurious]

Been watching XMR and BTC like a hawk, obviously.

I notice that XMR seems to have gained a little back in USD terms since dropping from $125 before the latest BTC moon.

We dipped to $121 (ish) but have slowly crawled back up to round to $124 mark, it seems.

In spite of wankalone's rantings, 0.015 hasn't significantly capitulated in spite of the over $7900 level BTC has reached.   I guess BTC being a touch less volatile and staying under the 8000 mark may be simply respite if it sharply leaps up again.  But it does seem to indicate underlying strength to the XMR price that certain people were not expecting, at the very least.  Maintaining USD price (or even gaining a touch) in current conditions bodes well.

I certainly dumped all the rest of my alts in favour of riding the BTC train.  Any increase in my BTC stash as I trade is poised to go into XMR if things turn - as at some point they must.

The steady fiat price point must reassure the DNMS at least.  

I'm still trading my market making strategy on alts with volatility in the markets - and still at parity in terms of BTC, but that's involved thousands of automated trades, so you've made a good decision there =)

I know - I tried that last time BTC went mooning and it was a pain. 

When it goes bull, to ride BTC and then buy the alts back seemed an easier system this time - it's worked well, I think.

Pretty much all the major alts basically reduced in terms of BTC, so buying them back is still easy - although you don't want to go out for the night and find BTC has tanked and you've missed the bump!

Right now Alts look poised for a potential (expected?) weekend BTC dump. It seems they are edging up off the floors they hit, but you could (say) still buy 10% more ETH back now you would have had not much more than a day ago - if that was one you'd dumped.  OK it's not dropped in USD terms so much, but more coins for when it bounces back against BTC is probably what you'd want if you're pricing your Alts in BTC and are essentially (long term) long on BTC.

That's my 2c...  Each to their own though!

[bitebits]

https://www.openbazaar.org/blog/openbazaar-bitcoin-fees/

[...] we are working to integrate other cryptocurrencies into OpenBazaar. Work on this has already begun and several community members from other coins have been working on integration. Initially we’ll likely offer just two or three other cryptocurrencies in addition to Bitcoin, but the long term goal is for OpenBazaar to be coin agnostic and allow payments in any cryptocurrency.

Please let it be Monero. It would be such a perfect combination for all parties involved: a decentralized P2P trading platform using a fully private and decentralized currency.

[TheFuzzStone]

Please let it be Monero.

Probably it will be after multisig.

[Morguk]

Really hard to tell where Monero could go price wise, but I heard today that Arab states want to hide money and if they put it into Monero (or any alt) the price would rise incredibly due to the limited supply and liquidity. I do need to get some Monero, because it's the type of thing that would happen, this is crypto after all! I can see Monero over $1000 in the next 1-2 years.

[bitebits]

In all this mania, Monero starts to look cheap again. Relatively at least. Something has to give.
But I seem to consistently overvalue privacy, compared to my peers at least. Always wonder if it is me being crazy or them.

Currently the market says it is me. I just can't help being extremely bullish on Monero, whether they are $0.50 or $150 a piece.

[aerbax]

There is reference to an asic earlier in this thread. May be the concept to buy asic with the bounty? If so is not this just a way of the dev paying themself from the premine?I'm inquiring to not fud, just a prior gold coin dev that i committed to do this, I see this as absolutely nothing apart from taking a cut of the premine?

There's no premine in Monero.  Perhaps you're thinking of Dash?

[explorer]

Well Polo fucked me again, tried to go long they charged me the conversion fees and cancelled my order when the market went in my direction.

Code:

2017-11-17 16:12:10	Sell	0.01547032	0.00000193	0.00000002
2017-11-17 16:12:10	Sell	0.01547032	0.00000129	0.00000001
2017-11-17 16:11:08	Sell	0.01547029	0.00000517	0.00000007
2017-11-17 16:11:08	Sell	0.01547029	0.00000129	0.00000001
2017-11-17 16:10:50	Sell	0.01547029	0.00000193	0.00000002
2017-11-17 16:10:46	Sell	0.01547029	0.00000129	0.00000001
2017-11-17 16:10:34	Sell	0.01547028	0.00000129	0.00000001

One of these days they are going to be talking to my attorney generals office.

Whenever volume is high, they charge me all the fees and drop my orders as well.  It says order placed, fees taken, but no order processed, nor on the book.  Having tried using support before, I couldn't be bothered to waste my time on it any more. Eventually I will find a new place to trade.  When I am finished procrastinating...

[explorer]

There is reference to an asic earlier in this thread. May be the concept to buy asic with the bounty? If so is not this just a way of the dev paying themself from the premine?I'm inquiring to not fud, just a prior gold coin dev that i committed to do this, I see this as absolutely nothing apart from taking a cut of the premine?

There's no premine in Monero.  Perhaps you're thinking of Dash?

There are (hundreds?) many new accounts popping up, all with capital 'I' replacing 'l' and they are all bots.  Instant ignore for that name.  You'd think the forum would do something about it, but maybe they make money from it.  Maybe they belong to Theymos.

[Globb0]

In all this mania, Monero starts to look cheap again. Relatively at least. Something has to give.
But I seem to consistently overvalue privacy, compared to my peers at least. Always wonder if it is me being crazy or them.

Currently the market says it is me. I just can't help being extremely bullish on Monero, whether they are $0.50 or $150 a piece.

Why does it have to be 1 or the other? perhaps everyone is crazy.   

Look at the long term monero new coin supply decay. Its a no brainer then.

[Hueristic]

Well Polo fucked me again, tried to go long they charged me the conversion fees and cancelled my order when the market went in my direction.

Code:

2017-11-17 16:12:10	Sell	0.01547032	0.00000193	0.00000002
2017-11-17 16:12:10	Sell	0.01547032	0.00000129	0.00000001
2017-11-17 16:11:08	Sell	0.01547029	0.00000517	0.00000007
2017-11-17 16:11:08	Sell	0.01547029	0.00000129	0.00000001
2017-11-17 16:10:50	Sell	0.01547029	0.00000193	0.00000002
2017-11-17 16:10:46	Sell	0.01547029	0.00000129	0.00000001
2017-11-17 16:10:34	Sell	0.01547028	0.00000129	0.00000001

One of these days they are going to be talking to my attorney generals office.

Whenever volume is high, they charge me all the fees and drop my orders as well.  It says order placed, fees taken, but no order processed, nor on the book.  Having tried using support before, I couldn't be bothered to waste my time on it any more. Eventually I will find a new place to trade.  When I am finished procrastinating...

It only happens when I catch the bottom perfectly. And yes I'd like to find a better place to margin but I have less trust for the other option.

[Manc89]

Really hard to tell where Monero could go price wise, but I heard today that Arab states want to hide money and if they put it into Monero (or any alt) the price would rise incredibly due to the limited supply and liquidity. I do need to get some Monero, because it's the type of thing that would happen, this is crypto after all! I can see Monero over $1000 in the next 1-2 years.

I also see monero is good investment. Monero also another conversen altcoin be side eth and bitcoin.

[aminorex]

There are people in this thread who have lost more value in dust and misplaced private keys than you will ever see in total in your entire miserable life.

Not to mention the vasty deep losses in boating accidents.

[cAPSLOCK]

There are people in this thread who have lost more value in dust and misplaced private keys than you will ever see in total in your entire miserable life.

Not to mention the vasty deep losses in boating accidents.

I was on a boat between Maui and Molokai last week.  I foolishly leaned over the edge and *ploop*.  My cryptosteel went down to the depths.

When will I learn?

[explorer]

There are people in this thread who have lost more value in dust and misplaced private keys than you will ever see in total in your entire miserable life.

Not to mention the vasty deep losses in boating accidents.

I was on a boat between Maui and Molokai last week.  I foolishly leaned over the edge and *ploop*.  My cryptosteel went down to the depths.

When will I learn?

Just tatoo it on your tongue.  Make sure to do it reversed, to better read it in the mirror.  Shouldn't be that hard. 

[clip123]

I am sorry if this has been asked before but does Monero have lightening network support for atomic swaps?

[Nathan047]

Really hard to tell where Monero could go price wise, but I heard today that Arab states want to hide money and if they put it into Monero (or any alt) the price would rise incredibly due to the limited supply and liquidity. I do need to get some Monero, because it's the type of thing that would happen, this is crypto after all! I can see Monero over $1000 in the next 1-2 years.

Honestly, I'm really not all that surprised to hear this; with the anonymity, privacy, and lack of reversibility it would make a very good currency for a rogue country (that or perhaps they're already using cryptocurrencies and we just don't know). Regardless, if this was the case it'd sure be good for Monero's market cap.

[leea-1334]

Things I am thinking about, is the reason why Poloniex required XMR on? It put out the second alternative, replaced it with XMR, after which all of a sudden gave everything these additional markets that LTC never obtained.Perhaps LTC is simply so spunk, however I'm sensing low volume on XMR markets, and as a InchguessInch, less than LTC  had (do not include the LTC/XMR industry right now as a counter argument. that existed anyhow.Hmm ... maybe I will purchase some IFC, and trade it for XMR.I Then intend to commit everything in XMR, acquire some leverage and spunk. Gavin AndersonOrAndersson once stated BTC must be more private, so there is clear proof that XMR can make all of us wealthy.

It is difficult to predict and assess what exchanges want. In the beginning, exchanges made two things the priority. One was that the new project had a good development structure and reflected in good codes published on GitHub, this was to ensure if anything went wrong with the network, it would be able to rely on good support. Second was the wallet, exchanges need stable wallets that did not need much maintenance.

However, these days exchanges also list coins for a big fee. It costs now more than $10,000 per month to list a coin on an exchange. This is why you can see some coins are ignored by exchanges while others can suddenly jump on board for a few months (just by paying the fee).