[XMR] Monero Speculation

[CryptoPlay]

How odd is that:
This clearly follows the fluctuations of BITCOIN. What is the correlation?
Both are supposed to be unique!
How can it be?

[1713554358]

1713554358

[1713554358]

1713554358

[DaveyJones]

we ride the waves, we don't control them.

Rule, Monero! Monero rule the waves.
Monerists never shall be slaves.

On the other hand, they will pay high fees: https://bitinfocharts.com/comparison/transactionfees-eth-bch-ltc-xmr-zec.html

Interesting it is, that we have 64x the Reddit subscribers that bch has, but only ¼x the transaction count.

Likely because we still have no widely known mobile wallet ( monerujo could need some marketing ), no HW and people likely just hold their Moneroj on exchanges

[kurious]

we ride the waves, we don't control them.

Rule, Monero! Monero rule the waves.
Monerists never shall be slaves.

On the other hand, they will pay high fees: https://bitinfocharts.com/comparison/transactionfees-eth-bch-ltc-xmr-zec.html

Interesting it is, that we have 64x the Reddit subscribers that bch has, but only ¼x the transaction count.

Likely because we still have no widely known mobile wallet ( monerujo could need some marketing ), no HW and people likely just hold their Moneroj on exchanges

The GUI is pretty functional, I don't think serious holders (hodlers?) are all on exchange at all.

An HW will come - it's a matter of time only, it's simply that Monero is more sophisticated than other Bitcoin 'clones' and therefore not as simple to copy/paste code into a standard HW.

Monero is superior tech, they need to catch up, not us.

[DaveyJones]

we ride the waves, we don't control them.

Rule, Monero! Monero rule the waves.
Monerists never shall be slaves.

On the other hand, they will pay high fees: https://bitinfocharts.com/comparison/transactionfees-eth-bch-ltc-xmr-zec.html

Interesting it is, that we have 64x the Reddit subscribers that bch has, but only ¼x the transaction count.

Likely because we still have no widely known mobile wallet ( monerujo could need some marketing ), no HW and people likely just hold their Moneroj on exchanges

The GUI is pretty functional, I don't think serious holders (hodlers?) are all on exchange at all.

An HW will come - it's a matter of time only, it's simply that Monero is more sophisticated than other Bitcoin 'clones' and therefore not as simple to copy/paste code into a standard HW.

Monero is superior tech, they need to catch up, not us.

Txs difference could also be about pool-payouts... afaik monero crams together as many as it can and so you got 1tx in the explorer to "x" miners .... no clue how thats done in BCH but id guess a tx each ?

[kurious]

we ride the waves, we don't control them.

Rule, Monero! Monero rule the waves.
Monerists never shall be slaves.

On the other hand, they will pay high fees: https://bitinfocharts.com/comparison/transactionfees-eth-bch-ltc-xmr-zec.html

Interesting it is, that we have 64x the Reddit subscribers that bch has, but only ¼x the transaction count.

Transactions in BCH are a little boosted by subterfuge (see M. Ver's Bitcoin.com) and by forcing people to buy mining gear with it. With Monero, awareness is real, interest is genuine.  Real money is not stupid. Monero is tech people are starting to realise they WILL need in future, but maybe don't think they need just now. 

They will wake up. Fees?  See bulletpoofs.   And it's already faster and way lower than BTC in any case.

Monero has been a solid top 10 CC for a long time now, it is respected and admired.  Use cases will drive adoption - we only need to wait and hold.

DNM revival will work in tandem with new tech announcements to creep slowly towards market ubiquity.

Plus Monero leaps occasionally, then stays steady - it looks 'safe'.  Sometimes this is dull, in other times this will be golden.   

'Build it, they will come'.  It works. Monero will prove it.

[explorer]

This is something that bears watching, IMO:
http ://redditmetrics.com/r/Monero

Out of 1.2 million /r/,  Monero is:

No. 104   Fastest growing yesterday
No. 117   Fastest growing last 7 days
No. 201   Fastest growing last 30 days
No. 427   Fastest growing last 90 days

Over 1000 new subscribers per day, and accelerating.  Sure, all of crypto is expanding, but to me this indicates that Monero is receiving its share of attention, and more.  Ranked  near top 0.1% (for # subscribers on that site) and exploding upward.  This is visibility, adoption, exposure, whatever you want to call it.  Here it comes.

'Build it, they will come'.  It works. Monero will prove it.

Yeah.  This.

[kurious]

we ride the waves, we don't control them.

Rule, Monero! Monero rule the waves.
Monerists never shall be slaves.

On the other hand, they will pay high fees: https://bitinfocharts.com/comparison/transactionfees-eth-bch-ltc-xmr-zec.html

Interesting it is, that we have 64x the Reddit subscribers that bch has, but only ¼x the transaction count.

Likely because we still have no widely known mobile wallet ( monerujo could need some marketing ), no HW and people likely just hold their Moneroj on exchanges

The GUI is pretty functional, I don't think serious holders (hodlers?) are all on exchange at all.

An HW will come - it's a matter of time only, it's simply that Monero is more sophisticated than other Bitcoin 'clones' and therefore not as simple to copy/paste code into a standard HW.

Monero is superior tech, they need to catch up, not us.

Txs difference could also be about pool-payouts... afaik monero crams together as many as it can and so you got 1tx in the explorer to "x" miners .... no clue how thats done in BCH but id guess a tx each ?

Good point, it isn't because of retail use (although Bitpay is a coup for them that may change that).  Mining payouts due to ROI (price / difficulty) manipulation is likely a factor in tx numbers.  They waste enough money on spamming BTC, why not boost txs via mining payments to make that 8-lane highway look busier?

Ver might be an utter prick (and a liability) for BCH, but Wu is NOT stupid.

He knows how to play a decent strategic game and by being centralised, he can pivot his ecosystem in a flash in a way that Core cannot.

[kurious]

This is something that bears watching, IMO:
http ://redditmetrics.com/r/Monero

Out of 1.2 million /r/,  Monero is:

No. 104   Fastest growing yesterday
No. 117   Fastest growing last 7 days
No. 201   Fastest growing last 30 days
No. 427   Fastest growing last 90 days

Over 1000 new subscribers per day, and accelerating.  Sure, all of crypto is expanding, but to me this indicates that Monero is receiving its share of attention, and more.  Ranked  near top 0.1% (for # subscribers on that site) and exploding upward.  This is visibility, adoption, exposure, whatever you want to call it.  Here it comes.

Cool stats, they match my sense of what is happening.  I see a dip against BTC and then (unlike in the past) there are immediately bargain hunters, hoovering up any signs of cheap Monero.

You have to realise you just can't buy cheap Monero any more, unless you're very quick off the mark.  I am having to adjust my trading stance accordingly...  

EDIT: BTW, Explorer - I guess you have also spotted how the odd mention of Monero in the WO thread is allowed to pass through the velvet rope. Far more of the smarter people are keeping Monero quietly in their portfolio, it seems

[kurious]

I will now shut up for the night. A wonderful Malbec is my poor excuse for being more than usually effusive on my best ever investment.

Be careful out there - and sleep soundly with your Monero.

[explorer]

EDIT: BTW, Explorer - I guess you have also spotted how the odd mention of Monero in the WO thread is allowed to pass through the velvet rope. Far more of the smarter people are keeping Monero quietly in their portfolio, it seems

I made an oblique comment not too long ago, didn't mention Monero at all, and got chewed well for my pains - all because of my avatar    I think lots of them have me on ignore for the very same reason.  The fear is palpable.  The most vocal over there are your typical loudmouths.  Head firmly in sand or ass, refuse to see what is going on.  And that's OK.  Everybody pays to play, one way or another.

https://bitcointalk.org/index.php?topic=178336.msg26405812#msg26405812

The Moon.  It is black and orange  

[kurious]

The Moon.  It is black and orange  

Ha!  Well spotted.  I can see it peeping through the curtains.

Nite all, am in european timezone... 

/crypto day

[explorer]

The Moon.  It is black and orange  

Ha!  Well spotted.  I can see it peeping through the curtains.

Nite all, am in european timezone... 

/crypto day

I'm in crypto time zone.  No, I never sleep.

[Genesis1337]

This is something that bears watching, IMO:
http ://redditmetrics.com/r/Monero

Out of 1.2 million /r/,  Monero is:

No. 104   Fastest growing yesterday
No. 117   Fastest growing last 7 days
No. 201   Fastest growing last 30 days
No. 427   Fastest growing last 90 days

Over 1000 new subscribers per day, and accelerating.  Sure, all of crypto is expanding, but to me this indicates that Monero is receiving its share of attention, and more.  Ranked  near top 0.1% (for # subscribers on that site) and exploding upward.  This is visibility, adoption, exposure, whatever you want to call it.  Here it comes.

Wow that is some amazing growth. Do you think word count for XMR on r/darknetmarkets has grown significantly since this tweet? https://twitter.com/TuurDemeester/status/871186071358328832

[pönde]

This is something that bears watching, IMO:
http ://redditmetrics.com/r/Monero

Out of 1.2 million /r/,  Monero is:

No. 104   Fastest growing yesterday
No. 117   Fastest growing last 7 days
No. 201   Fastest growing last 30 days
No. 427   Fastest growing last 90 days

Over 1000 new subscribers per day, and accelerating.  Sure, all of crypto is expanding, but to me this indicates that Monero is receiving its share of attention, and more.  Ranked  near top 0.1% (for # subscribers on that site) and exploding upward.  This is visibility, adoption, exposure, whatever you want to call it.  Here it comes.

Looks like Moneros hairy balls are finally gaining more attention than Amandas shiny tits.

And we can boost this up even more. Monero community is wealthy enough to fund an produce, lets say a two minute commercial on youtube. Two minutes is enough to handle scalability, security, untreacibility, fungibility, and the most essential, the privacy by defaul vs. optional privacy.

Lets run this on youtube as commercial and boom.

[Globb0]

we ride the waves, we don't control them.

Rule, Monero! Monero rule the waves.
Monerists never shall be slaves.

On the other hand, they will pay high fees: https://bitinfocharts.com/comparison/transactionfees-eth-bch-ltc-xmr-zec.html

Interesting it is, that we have 64x the Reddit subscribers that bch has, but only ¼x the transaction count.

I think we have a lot of closet followers.

Come on guys, SHUM

EDIT: BTW, Explorer - I guess you have also spotted how the odd mention of Monero in the WO thread is allowed to pass through the velvet rope. Far more of the smarter people are keeping Monero quietly in their portfolio, it seems

Yes this is what I was saying the other day. Also creeping into all their videos and links. Its like watch this great BTC vid and near the end they always go "oh and lets take a quick look at this other promising coin Monero"

[Hueristic]

...Crypto always surprises me with the scale of its momentum, and of its volatility....

You can put this on my headstone.

I've been a coinbase customer for four and a half years.  Coinbase is under the thumb of financial authorities.  Recently Coinbase acquiesced to an IRS subpoena for customer records.  Coinbase could have appealed, but they gave in.  Coinbase is such a big, fat target that they are probably afraid to add a coin like Monero.  All the bulldogs and retrograde anti-crypto buttheads like Feinstein and company would be on Coinbase like flies on shit.  Coinbase isn't going to add Monero any time soon.

I disagree.  I understand the sentiment, but in reality AML/KYC compliant exchanges are the governments BEST vector for tracking a true privacy instrument like Monero.  At least then the government can prove the purchase or sale of XMR.  The FEDs should be begging Coinbase to list Monero.

Secondly the view key gives Coinbase the ability to allow for full auditing of their wallets.

 

This.

Bitpay going over to Bcash news is concerning for the CC market's flagship coin.

It does highlight the fees / transaction issue starkly.   I am still pro-core, but they need to get their shit together now.  Segwit was agreed, but it isn't being adopted and isn't even anywhere near a transaction default.  Or a default in wallets.

Exchanges are under huge strain, a lot of new weak hands are in, we are one clusterfuck scandal (tether / major exchange issue / legislation FUD / whatever) away from potential dark times the MSM will leap on.

BTC getting Segwit out properly would help. A lot.  Sorry to be dark, chaps - Monero is going well, but we ride the waves, we don't control them.

You have that right, I was a fool that thought segwit2X would be a given. Doh

[Febo]

This is something that bears watching, IMO:
http ://redditmetrics.com/r/Monero

Out of 1.2 million /r/,  Monero is:

No. 104   Fastest growing yesterday
No. 117   Fastest growing last 7 days
No. 201   Fastest growing last 30 days
No. 427   Fastest growing last 90 days

Over 1000 new subscribers per day, and accelerating.  Sure, all of crypto is expanding, but to me this indicates that Monero is receiving its share of attention, and more.  Ranked  near top 0.1% (for # subscribers on that site) and exploding upward.  This is visibility, adoption, exposure, whatever you want to call it.  Here it comes.

Wow that is some amazing growth. Do you think word count for XMR on r/darknetmarkets has grown significantly since this tweet? https://twitter.com/TuurDemeester/status/871186071358328832

Number of Monero redditors went up by x4 in that time while Bitcoin redditors only doubled. Bitcoin is for sure losing its dominantions on darkmarkets. Reason for that beside that is not anonymous is also that have at some points huge fees.
I monitor only their reddits and see there is way more talk about Monero then was before. ZCash is rarely if ever mention. There is more talk about Ethereum or BCash then ZCash.

[Nathan047]

Hey, has anybody used the mobile wallet "monerujo" (https://play.google.com/store/apps/details?id=com.m2049r.xmrwallet)? I'm due to move most of my XMR off the exchanges and I'm not in a position to host a full node, nor do I have enough that I would bother with cold storage.

[ozkraut]

Hey, has anybody used the mobile wallet "monerujo" (https://play.google.com/store/apps/details?id=com.m2049r.xmrwallet)? I'm due to move most of my XMR off the exchanges and I'm not in a position to host a full node, nor do I have enough that I would bother with cold storage.

allegedly ok but you can run the gui / cli wallet connecting to a remote node quite safely as well. no need to run a full node.

[Despacito]

Hey, has anybody used the mobile wallet "monerujo" (https://play.google.com/store/apps/details?id=com.m2049r.xmrwallet)? I'm due to move most of my XMR off the exchanges and I'm not in a position to host a full node, nor do I have enough that I would bother with cold storage.

Don't use unknown third party wallets for Monero. You may lose all your funds there if they're scammer. Get a ledger nano s and they have monero wallet inside. Physical wallet is very safe if you have too much monero.