[XMR] Monero Speculation

[neilol-real]

what do u guys think of the bitcoin futures that will be released tomorrow? this could push the bitcoin price lower yes?

It could do either but the pundits are saying higher then it will massive crash. As usual who knows, we all know crypto is lighning markets verses stock and securities so bear that in mind.

Trading derivatives logically does not and can not have any direct influence on the price of the underlying asset the derivative is derived from. The asset price makes all the difference on the derivative trading but not the other way around, the asset's price discovery mechanism doesn't know anything about some derivatives.

What can and does happen, though, is someone trading the derivatives and (if big enough) simultaneously the spot in an effort to push the price in their (derivatives trading) favor. But the big money could have been trading on the spot already for years, there is no change going to happen in that aspect tomorrow. They will just have a new possibility to trade futures and thus potentially make money twice, which in effect may lead to a more intensive spot trading and thus affecting the asset price.

Not 100% sure I agree with your second paragraph. While you're right, institutions already could have been trading spot to move prices in their favor, but now they have a vehicle that is legal/legitimate to include in a public/FINRA registered fund in the US. I'm of the mind that this will definitely increase volumes of the underlying asset, and most probably be bullish long term for price.  

Think of this trade: Pension Fund with a prospectus that ONLY allows them to trade in products as a part of NYSE/NASDAQ/CBOE. This fund could take a long (or short) position in Bitcoin futures, and then manipulate spot through another vehicle. Sure they could manipulate before, but now a 5% move in the underlying asset could literally mean tens of millions in overall fund profit. They did not have an ability to take that large a position in BTC previously, due to the funds being earmarked for "legit securities". This will certainly create more volume, and probably volatility in both directions.

I call this action probably bullish simply because there is much more USD (read: infinite) out there to long than there is Bitcoin to short. There is $3.6 TRILLION in pension fund money alone in the US, of which ~25% is allocated to alternative investments. Think about those numbers for a second and then compare to BTC market cap. I wouldn't be caught dead recommending my fund try to short Bitcoin futures, the downside is literally infinite.

Edit: Monero thread - What's good for BTC is good for Monero as the technically superior coin at this stage of crypto evolution. I trade with my BTC, my Monero cold storage only grows over time

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[kurious]

Shorting monero == financial desaster? Well if you remember correct I shorted XMR after AlphaBay's implementation and the following hype. The Bitcoins I made with that are nowadays worth more than 9 Million dollars. Shorting is good it brings liquidity and attention to a market.

Didn't TheKoziTwo pay you to leave and never return?

No he paid for one year only. You want to prolong it ?

You got the post that said a year?  I thought it was just 'leave'. 

[smooth]

you literally get your commodity delivered in your front yard

Only in the movies.

What actually happens is you have an interest in the commodity stored in a warehouse (for which you must pay storage fees) assigned to you.

of which ~25% is allocated to alternative investments.

'Alternative investments' here includes investment in productive (or at least income-generating) assets such as private equity and real estate. If you just consider hedging and store-of-value assets such as gold, commodities, etc. it is much less than 25% but still significant. That's the segment where most if not all crypto fits.

[neilol-real]

you literally get your commodity delivered in your front yard

Only in the movies.

What actually happens is you have an interest in the commodity stored in a warehouse (for which you must pay storage fees) assigned to you.

of which ~25% is allocated to alternative investments.

'Alternative investments' here includes investment in productive (or at least income-generating) assets such as private equity and real estate. If you just consider hedging and store-of-value assets such as gold, commodities, etc. it is much less than 25% but still significant. That's the segment where most if not all crypto fits.

You're right - but once we include endowments, private pensions, family offices, etc. and all of their appetite for hedging assets, the actual number doesn't matter much right now. It's high.

[generalizethis]

Shorting monero == financial desaster? Well if you remember correct I shorted XMR after AlphaBay's implementation and the following hype. The Bitcoins I made with that are nowadays worth more than 9 Million dollars. Shorting is good it brings liquidity and attention to a market.

Didn't TheKoziTwo pay you to leave and never return?

No he paid for one year only. You want to prolong it ?

Ignore button is cheaper.

[mambamanagement]

Anyone think monero goes back below $200?

[rinus]

Anyone think monero goes back below $200?

I have no idea, I think that All depends if Bitcoin price...

[Bitcoinaire]

Anyone think monero goes back below $200?

It's more likely to go to $300 than below $200.

[Febo]

Shorting monero == financial desaster? Well if you remember correct I shorted XMR after AlphaBay's implementation and the following hype. The Bitcoins I made with that are nowadays worth more than 9 Million dollars. Shorting is good it brings liquidity and attention to a market.

With futures Wall street will be able to short or long Bitcoin.  Yes, the futures are their and your language. I guess that is what made Wall street and banksters what they are today.



But what you did on this thread so far was just bunch of lies. on any account you were posting with. so whatever you say is irrelevant since you can say anything.

[fromholland]

Anyone think monero goes back below $200?

It's more likely to go to $300 than below $200.

It went down to $214 today (on bittrex) which was a great level to buy! (which I did)

[N-rG]

Shorting monero == financial desaster? Well if you remember correct I shorted XMR after AlphaBay's implementation and the following hype. The Bitcoins I made with that are nowadays worth more than 9 Million dollars. Shorting is good it brings liquidity and attention to a market.

With futures Wall street will be able to short or long Bitcoin.  Yes, the futures are their and your language. I guess that is what made Wall street and banksters what they are today.



But what you did on this thread so far was just bunch of lies. on any account you were posting with. so whatever you say is irrelevant since you can say anything.

Ah cmon we all know that crypto is a shady business full of sockpuppies, scams and fakes. Nowadays more than ever.
All that paid china trolls, so what did you expect? I always said it's a game where we can make millions with. There is no fair and transparant play in this crypto world. Even the big media journalists are now into that game and make shitposts every day/week.

Take the opportunity or leave it. Most of us are already (super)rich. Yes there are some ppl. who believe in changing the world with crypto. Nice for you. I don't need that footprint. But face it, I never had a sockpuppet account. Realize that there are groups outside who just control parts of the market with financial power that can produce fear by shorting big positions. That's it. Sounds mean but at least I can say that I spent more already more than a million for animal shelters with my gains. Would you do that? No. You hodl I dont care for people, we are greedy, stupid and easy to control. So it was just an easy opportunity to make more money

P.S. you remember like 6 month ago fluffypony announced something big which leads to a huge pump? You really believe that he was not involved in that? Really? Only because he looks like a nerd and is a funny guys doesn't makes him to a holy one. Some people just scam better than others

[GUCCI_MANE]

Have been rigorously lurking this thread since the beginning of October and it has been wonderful seeing Monero grow so exponentially. With all these new features coming up in 2018, the future is looking bright for Monero.

I just miss walonek.

[rinus]

Have been rigorously lurking this thread since the beginning of October and it has been wonderful seeing Monero grow so exponentially. With all these new features coming up in 2018, the future is looking bright for Monero.

I just miss walonek.

i hope so , now it looks like litecoin is getting pumped. To me it looks more like every coin gets pumped at a time... But i am full in Monero , so 1000 usd per monero would be nice. Just dont know if its doable

[bons]

Whales are playing on Polo. At some point made 250 BTC buying wall at highest price to buy. Lot of chances to dump for those that have to. And lot of chances could trigger panic buying. Like this will go to 0.0045 or even 0.005  real fast 

[rinus]

Whales are playing on Polo. At some point made 250 BTC buying wall at highest price to buy. Lot of chances to dump for those that have to. And lot of chances could trigger panic buying. Like this will go to 0.0045 or even 0.005  real fast 

U mean 0.045 or 0.05 up? Or 0.0045 or 0.005 down?

[kurious]

Shorting monero == financial desaster? Well if you remember correct I shorted XMR after AlphaBay's implementation and the following hype. The Bitcoins I made with that are nowadays worth more than 9 Million dollars. Shorting is good it brings liquidity and attention to a market.

With futures Wall street will be able to short or long Bitcoin.  Yes, the futures are their and your language. I guess that is what made Wall street and banksters what they are today.



But what you did on this thread so far was just bunch of lies. on any account you were posting with. so whatever you say is irrelevant since you can say anything.

Ah cmon we all know that crypto is a shady business full of sockpuppies, scams and fakes. Nowadays more than ever.
All that paid china trolls, so what did you expect? I always said it's a game where we can make millions with. There is no fair and transparant play in this crypto world. Even the big media journalists are now into that game and make shitposts every day/week.

Take the opportunity or leave it. Most of us are already (super)rich. Yes there are some ppl. who believe in changing the world with crypto. Nice for you. I don't need that footprint. But face it, I never had a sockpuppet account. Realize that there are groups outside who just control parts of the market with financial power that can produce fear by shorting big positions. That's it. Sounds mean but at least I can say that I spent more already more than a million for animal shelters with my gains. Would you do that? No. You hodl I dont care for people, we are greedy, stupid and easy to control. So it was just an easy opportunity to make more money

P.S. you remember like 6 month ago fluffypony announced something big which leads to a huge pump? You really believe that he was not involved in that? Really? Only because he looks like a nerd and is a funny guys doesn't makes him to a holy one. Some people just scam better than others

And you should know about scams and fakes.

You agreed to leave. A sum of money was paid in good faith - and you have dishonoured that agreement to leave and not post again.

You are a liar, a cheat, totally untrustworthy - and actually proud of it.

No one wants to hear you boast of the money you made or how great a trader you are, because if you really were that successful, you would not need to boast, or come crawling back here.  Get help.  You should.  Really.

[c789]

Hello Monerians,

https://moneroForCash.com (MFC) is now free. You can post adverts to buy or sell Monero for free.

As always, MFC:
   

• Doesn't use JavaScript
• Doesn't use search company analytics
• Requires no ID or email to register or use
• Does not share or sell user information

Additionally, the site is now owned by u/tficharmers. He did the awesome UI redesign a few months ago. I will continue in a support role as needed.

The email for the Contact Us form is still being set up so please bear with us. This does not affect internal messaging for adverts, which is working, as are email alerts if you entered your email (optional) on your Settings page.

We hope you enjoy the site!

[Getcoinsite]

Hello Monerians,

https://moneroForCash.com (MFC) is now free. You can post adverts to buy or sell Monero for free.

As always, MFC:
   

• Doesn't use JavaScript
• Doesn't use search company analytics
• Requires no ID or email to register or use
• Does not share or sell user information

Additionally, the site is now owned by u/tficharmers. He did the awesome UI redesign a few months ago. I will continue in a support role as needed.

The email for the Contact Us form is still being set up so please bear with us. This does not affect internal messaging for adverts, which is working, as are email alerts if you entered your email (optional) on your Settings page.

We hope you enjoy the site!

awesome creation mate.this is what the monerians need something
that they can focus on single alt.site than will focus on specifics not crowded
and not affected from the happenings here in crypto.actually im a big fan of.
 Monero and planning to invest unto it.maybe sooner

For now congratulations for this mate.and goodluck!!!

[iCEBREAKER]

Shorting monero == financial desaster? Well if you remember correct I shorted XMR after AlphaBay's implementation and the following hype. The Bitcoins I made with that are nowadays worth more than 9 Million dollars. Shorting is good it brings liquidity and attention to a market.

Didn't TheKoziTwo pay you to leave and never return?

Trolls returning = bullish!  

As we enter Peak Hyper-Bitcoinification, XMR gets flung forward like a slingshot and Meta-Monerotization ensues...

[generalizethis]

Shorting monero == financial desaster? Well if you remember correct I shorted XMR after AlphaBay's implementation and the following hype. The Bitcoins I made with that are nowadays worth more than 9 Million dollars. Shorting is good it brings liquidity and attention to a market.

Didn't TheKoziTwo pay you to leave and never return?

Trolls returning = bullish!  

As we enter Peak Hyper-Bitcoinification, XMR gets flung forward like a slingshot and Meta-Monerotization ensues...

Where's Walonek? I want him  strutting his convoluted "NoMore" and naming fifty prices in a post, so he can claim that one hit. I won't be bullish until he shows up (or one of his "looser" sockpuppets).