Bassica
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 27, 2019, 09:09:39 PM |
|
Top in BTC: 0.035 Now in BTC: 0.006 Lowest in BTC since: 0.006
Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19
When did they stop requiring basic math skills at Russian troll farms? 91% loss from .035 would put us at 0.00315, not .001**. Bitcoin has had two 90%+ declines in its history, from $0.17 to $0.01 in 2010 and from $32 to $2 in 2011. The Jan 2015 bottom was at 85% down from ATH and the Dec 2018 bottom at 84%. Note that it hasn't had another 90% decline in the last 8 years. Those are not regular occurrences. Monero has also had two 90%+ declines, from $5.53 to $0.22 in 2015 and from $467.77 to $37.16 in 2018. Those bottoms are clearly established and hoping to get a 96% discount after you’ve missed the 92% off sale is a recipe for FOMO. But please keep shoveling Siberian FUD coal into the steam engine, just try not to get run over when the train gets moving again. Ha, this is amazing! Well said. Some clarity / good news on the regulatory side would be the perfect storm here. Imo Monero can run back to 0.0125 levels in a few days on very little extra inrerest.
|
|
|
|
Jason.W
Jr. Member
Offline
Activity: 50
Merit: 5
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 27, 2019, 09:13:30 PM |
|
Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19 mark so until I see either of those hit I really don't see a point in recommending a buy to anyone who hasn't already been buying it all the way down until this point. At least anyone looking to actually make money within the typical frame of next week or next month, or next quarter, or even next year.
Monero went from $6.50 to a quarter in first year when yearly mining emission was 100%. So at the bottom in one year emission doubled. Before that was even higher. Now yearly mining emission is 3.4% and that would take 30 years to double, but since it keep decrease will take more then a century. Sure, it's absolutely reasonable to assert that because the emission has effectively ended that there could be less selling pressure, however there were other massive declines at different points in the emission. For example, consider that there were massive losses in two month time frames two other times, 01Sep2016-01Nov2016 (80%) and then again 26Aug2017-05Nov2017 (70%), meanwhile the loss from 31Aug2014-31Oct2014 was actually a 77% loss while the >90% losses didn't come in until 14 months after that drop, where the yearly emission on those three periods was 16.23%, 8.46% and 154.98% respectively (source from : https://docs.google.com/spreadsheets/d/1qXi7zUSIh7F6UuSuhOryyFbHEy_LJuym3I3neAga_2s/edit?pli=1#gid=239466694), where now it's currently 3.39% per https://moneroinfo.herokuapp.com/ . So unless you were to be implying that some point below 3.39% triggers the price to stop going down, I'd lean toward thinking the emission rate has significantly less of an effect when compared to market sentiment or something else entirely. I'm still not convinced that we don't have less than a year left, and as such still maintain that there is still more to lose from where Monero's at, despite what BTC does.
|
C0A2A1C4
|
|
|
elrippos friend
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1179
Merit: 210
only hodl what you understand and love!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 27, 2019, 09:27:04 PM |
|
Top in BTC: 0.035 Now in BTC: 0.006 Lowest in BTC since: 0.006
Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19
When did they stop requiring basic math skills at Russian troll farms? 91% loss from .035 would put us at 0.00315, not .001**. Bitcoin has had two 90%+ declines in its history, from $0.17 to $0.01 in 2010 and from $32 to $2 in 2011. The Jan 2015 bottom was at 85% down from ATH and the Dec 2018 bottom at 84%. Note that it hasn't had another 90% decline in the last 8 years. Those are not regular occurrences. Monero has also had two 90%+ declines, from $5.53 to $0.22 in 2015 and from $467.77 to $37.16 in 2018. Those bottoms are clearly established and hoping to get a 96% discount after you’ve missed the 92% off sale is a recipe for FOMO. But please keep shoveling Siberian FUD coal into the steam engine, just try not to get run over when the train gets moving again. Ha, this is amazing! Well said. Some clarity / good news on the regulatory side would be the perfect storm here. Imo Monero can run back to 0.0125 levels in a few days on very little extra inrerest. Just my 2 monerujo The last spike was 26 times fold. Let's take into account 50% loss in the spike of that because of the emission, adoption, bla bla blaaaa so that would end up in a 13 times fold. 0,006 * 13 = 0,078 BTC/monero 0,004 * 13 = 0,052 BTC/monero I personally think our bottom will be 0,005'ish so that would end up at 0,065 BTC/monero My feeling tells me that we will hit the 0,065'ish mark a few months after the BTC halving, so keep on to your monerujo and then it will be lambo time ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) (respectively Lexus and Ducati time for me ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) ) cheers ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
CjMapope
Legendary
Offline
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 27, 2019, 10:53:44 PM |
|
Top in BTC: 0.035 Now in BTC: 0.006 Lowest in BTC since: 0.006
Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19
When did they stop requiring basic math skills at Russian troll farms? 91% loss from .035 would put us at 0.00315, not .001**. Bitcoin has had two 90%+ declines in its history, from $0.17 to $0.01 in 2010 and from $32 to $2 in 2011. The Jan 2015 bottom was at 85% down from ATH and the Dec 2018 bottom at 84%. Note that it hasn't had another 90% decline in the last 8 years. Those are not regular occurrences. Monero has also had two 90%+ declines, from $5.53 to $0.22 in 2015 and from $467.77 to $37.16 in 2018. Those bottoms are clearly established and hoping to get a 96% discount after you’ve missed the 92% off sale is a recipe for FOMO. But please keep shoveling Siberian FUD coal into the steam engine, just try not to get run over when the train gets moving again. haha the best will be 2 weeks from now, these guys will eat crow, what bad traders would buy XMR @450$ anyways lol once RandomX comes into effect, should see nice run up going into the new year prediction: 100$ by end of year, i really think RandomX is the best algo yet
|
~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~ ~On the 12th day of Hatzvah, OGminer said to me: "compute root of the merkle hash tree!"~ Prohashing -- Simply the best Multipool!
|
|
|
Jason.W
Jr. Member
Offline
Activity: 50
Merit: 5
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 27, 2019, 11:28:49 PM Last edit: October 27, 2019, 11:58:28 PM by Jason.W |
|
Top in BTC: 0.035 Now in BTC: 0.006 Lowest in BTC since: 0.006
Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19
When did they stop requiring basic math skills at Russian troll farms? 91% loss from .035 would put us at 0.00315, not .001**. Bitcoin has had two 90%+ declines in its history, from $0.17 to $0.01 in 2010 and from $32 to $2 in 2011. The Jan 2015 bottom was at 85% down from ATH and the Dec 2018 bottom at 84%. Note that it hasn't had another 90% decline in the last 8 years. Those are not regular occurrences. Monero has also had two 90%+ declines, from $5.53 to $0.22 in 2015 and from $467.77 to $37.16 in 2018. Those bottoms are clearly established and hoping to get a 96% discount after you’ve missed the 92% off sale is a recipe for FOMO. But please keep shoveling Siberian FUD coal into the steam engine, just try not to get run over when the train gets moving again. Well then I'm sure it'll be a pleasure holding with you all the way on down to 0.00315 some time next year fella, good catch I punched in 96% twice there rather than 91% and 96% as was intended. Regardless of that, the peak I was talking about was the one in May/June 2014, from which I recall it being a decent bit over $6.00, and not the peak you were discussing. It would help if exact dates were mentioned to begin with I suppose. Despite that, Bitcoin had quite a bit of time it spent at the bottom of its 'two 90%+ declines', and this trough is exactly what I think this is heading into, and I again speculate it will be a time period of over one year and I personally hold anyone saying the opposite of that to be talking their bags up in order to exit a market they themselves have realized has a seriously high chance decline another 50% from exactly here. Certainly wouldn't be the first time someone has done that here. And if it wasn't quite clear to you, I said very specifically that I wouldn't recommend buying if you haven't already been buying, not whatever you've seem to have read it as. This is because people who haven't been buying, often chase markets in an upswing .. for which I'm quite solidly convinced this'd be nowhere near a reasonable upswing until 12 months or more .. so telling new money to enter would be a very nasty thing to do right now, in my opinion.
|
C0A2A1C4
|
|
|
Febo
Legendary
Offline
Activity: 2730
Merit: 1288
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 28, 2019, 02:59:43 PM |
|
So unless you were to be implying that some point below 3.39% triggers the price to stop going down ..
No I just said that you can not compare anything with Monero first year. Emission inflation was huge. Same as was in Bitcoin, ZCash and now in Grin. ZCash is losing value for 3 years now. From 2000 BTC to 0,004 BTC. So much selling pressure as happened in beginning of 2015 for Monero did not happened after that and will never happen again. Corrections happens after each price increase. They did, they do and they will do. But strength of corrections will be smaller and smaller. This is actually what Stock to flow ratio tells us (what is widely misunderstood in crypto community). Commodities with higher stock to flow ratio are more stable. They fluctuate less. Gold will increase value much less then Silver. It will latter on correct less also. 10 years old cryptocurrencies of course can not exactly follow patterns of 10000 years old commodities. But that is what stock to flow ratio tells us. And if it wasn't quite clear to you, I said very specifically that I wouldn't recommend buying if you haven't already been buying, not whatever you've seem to have read it as.
I am sure you can buy Monero at lover price then is right now but. You will not buy it at much lower price. Price of Monero will be way higher 2 yeas from now. At this moment I would strongly recommend to buy it. When price will go over $500 I will stop recommending, but people will only start buying then.
|
|
|
|
kurious
Legendary
Offline
Activity: 2590
Merit: 1643
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2019, 12:18:23 AM |
|
Top in BTC: 0.035 Now in BTC: 0.006 Lowest in BTC since: 0.006
a crippling loss of 83% at the lowest and is at it's lowest since peak right this minute
Top in USD: $475 Now in USD: $56 Lowest in USD since: $38
a crippling loss of 92% at the lowest and it's still a crippling loss of 88%
Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19 mark so until I see either of those hit I really don't see a point in recommending a buy to anyone who hasn't already been buying it all the way down until this point. At least anyone looking to actually make money within the typical frame of next week or next month, or next quarter, or even next year.
Imagine losing 90% of your teeth. Or losing 90% of your tires where the only sane solution is replacement or implants at this point, viewed purely economically. So charts related voodoo aside, I think there's still plenty more to lose, while technologically there's not that much more to gain.
Viewed from the lossage side of things, March 2018 was the last time this was any good, viewed as if increasing price correlates to increasing success. That's 19 months, where the overall gap between when things sucked to when they were good last time was 26-27 months, and we're not past 70% of even matching that yet so if you've managed to find a comfort zone over these last months as far as managing to get away from checking the price every half hour it'd certainly still be reasonable to continue doing so for the time being.
This is explicitly a price speculation.
That looks an amazingly accurate analysis proving the bottom is pretty much in. Thanks - seems I have been right to be buying ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
|
我想要火箭和火车
|
|
|
phishead
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2019, 02:31:43 AM |
|
Top in BTC: 0.035 Now in BTC: 0.006 Lowest in BTC since: 0.006
Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19
When did they stop requiring basic math skills at Russian troll farms? 91% loss from .035 would put us at 0.00315, not .001**. Bitcoin has had two 90%+ declines in its history, from $0.17 to $0.01 in 2010 and from $32 to $2 in 2011. The Jan 2015 bottom was at 85% down from ATH and the Dec 2018 bottom at 84%. Note that it hasn't had another 90% decline in the last 8 years. Those are not regular occurrences. Monero has also had two 90%+ declines, from $5.53 to $0.22 in 2015 and from $467.77 to $37.16 in 2018. Those bottoms are clearly established and hoping to get a 96% discount after you’ve missed the 92% off sale is a recipe for FOMO. But please keep shoveling Siberian FUD coal into the steam engine, just try not to get run over when the train gets moving again. Well then I'm sure it'll be a pleasure holding with you all the way on down to 0.00315 some time next year fella, good catch I punched in 96% twice there rather than 91% and 96% as was intended. Regardless of that, the peak I was talking about was the one in May/June 2014, from which I recall it being a decent bit over $6.00, and not the peak you were discussing. It would help if exact dates were mentioned to begin with I suppose. Despite that, Bitcoin had quite a bit of time it spent at the bottom of its 'two 90%+ declines', and this trough is exactly what I think this is heading into, and I again speculate it will be a time period of over one year and I personally hold anyone saying the opposite of that to be talking their bags up in order to exit a market they themselves have realized has a seriously high chance decline another 50% from exactly here. Certainly wouldn't be the first time someone has done that here. And if it wasn't quite clear to you, I said very specifically that I wouldn't recommend buying if you haven't already been buying, not whatever you've seem to have read it as. This is because people who haven't been buying, often chase markets in an upswing .. for which I'm quite solidly convinced this'd be nowhere near a reasonable upswing until 12 months or more .. so telling new money to enter would be a very nasty thing to do right now, in my opinion.Dude, so you are recommending buyers... more specifically new buyers... to not buy any crypto/monero at all until this "inevitable" continued down market based on passed market swings?? 1) I will admit that I don't know shit about market trend analysis, but most of the time it's horseshit. You are comparing one, two, maybeeee three events in the past that look similar in the market and trying to make that a hard science... I feel it's important to remember the value of statistical significance and knowing that these market indicators (especially in crypto) is still not a definitive thing. I love all the graphs that people post here that insinuate certain things are going on in the market, but it's like studying astrology... sure, there are stars and planets floating around and shit that arrange themselves in cool patterns; but that doesn't mean there is a centaur in the night sky. 2) I think it's important to remember 'normal people' with "new money" don't typically have deep stacks of money they are trying to allocate into investments, and more importantly speculative/volatile assets like Monero/Bitcoin... Storing away money slowly and "stacking sats" is, and I believe will remain the best method of investment into the crypto-sphere. You don't have to catch the falling knife perfectly to make a profit (if that's what you are after). Makes me remember this legend https://www.youtube.com/watch?v=iEzNXzZy8e4
|
|
|
|
|
dEBRUYNE
Legendary
Offline
Activity: 2268
Merit: 1141
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2019, 12:49:24 PM |
|
|
|
|
|
Hueristic
Legendary
Offline
Activity: 3920
Merit: 5251
Doomed to see the future and unable to prevent it
|
I can't say I'm a fan of Bitcoin.com and I can't stand BCH but it's nice to see monero getting listed on there anyway just so the n00bs see it when they get tricked into using that exchange.
|
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
|
|
|
|
BChydro
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 02, 2019, 10:06:57 AM |
|
I can't say I'm a fan of Bitcoin.com and I can't stand BCH but it's nice to see monero getting listed on there anyway just so the n00bs see it when they get tricked into using that exchange.
People who are planning to invest in any market should learn about what they are planning to invest in details and if someone owns the bitcoin.com and has a view point on what the real bitcoin is then there is no trick involved, people who are investing their money should know the difference between all the coins in the market including bitcoin and its fork coins, if not i see them as dumb and you cannot blame that someone tricked them, all it takes is a few hours or days to learn everything about the market and if they cannot do that who is to be blamed. Monero (XMR) futures go live on Dubai-based exchange - Dubai-based crypto exchange has listed Monero futures as of 31 October. - XMR futures product is the first of its kind to be traded out in the middle eastern region.
It is strange that a country like Dubai accepts Monero and they have a regulated exchange, promising development and do these exchanges have any regional restrictions to trade.
|
|
|
|
elrippos friend
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1179
Merit: 210
only hodl what you understand and love!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 02, 2019, 10:33:51 AM |
|
I can't say I'm a fan of Bitcoin.com and I can't stand BCH but it's nice to see monero getting listed on there anyway just so the n00bs see it when they get tricked into using that exchange.
People who are planning to invest in any market should learn about what they are planning to invest in details and if someone owns the bitcoin.com and has a view point on what the real bitcoin is then there is no trick involved, people who are investing their money should know the difference between all the coins in the market including bitcoin and its fork coins, if not i see them as dumb and you cannot blame that someone tricked them, all it takes is a few hours or days to learn everything about the market and if they cannot do that who is to be blamed. Monero (XMR) futures go live on Dubai-based exchange - Dubai-based crypto exchange has listed Monero futures as of 31 October. - XMR futures product is the first of its kind to be traded out in the middle eastern region.
It is strange that a country like Dubai accepts Monero and they have a regulated exchange, promising development and do these exchanges have any regional restrictions to trade. Dubai = $ = investment ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
|
|
|
|
Hueristic
Legendary
Offline
Activity: 3920
Merit: 5251
Doomed to see the future and unable to prevent it
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 02, 2019, 04:50:36 PM |
|
I can't say I'm a fan of Bitcoin.com and I can't stand BCH but it's nice to see monero getting listed on there anyway just so the n00bs see it when they get tricked into using that exchange.
People who are planning to invest in any market should learn about what they are planning to invest in details and if someone owns the bitcoin.com and has a view point on what the real bitcoin is then there is no trick involved, people who are investing their money should know the difference between all the coins in the market including bitcoin and its fork coins, if not i see them as dumb and you cannot blame that someone tricked them, all it takes is a few hours or days to learn everything about the market and if they cannot do that who is to be blamed. Monero (XMR) futures go live on Dubai-based exchange - Dubai-based crypto exchange has listed Monero futures as of 31 October. - XMR futures product is the first of its kind to be traded out in the middle eastern region.
It is strange that a country like Dubai accepts Monero and they have a regulated exchange, promising development and do these exchanges have any regional restrictions to trade. So if I walk onto a BMW lot and ask to buy a car and they sell me a car that is not a BMW but has a BMW symbol on it then your saying i am the dumb one and deserve to be ripped off even though they had marked it as a BMW?
|
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
|
|
|
Febo
Legendary
Offline
Activity: 2730
Merit: 1288
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 02, 2019, 05:04:08 PM |
|
Monero (XMR) futures go live on Dubai-based exchange - Dubai-based crypto exchange has listed Monero futures as of 31 October. - XMR futures product is the first of its kind to be traded out in the middle eastern region.
It is strange that a country like Dubai accepts Monero and they have a regulated exchange, promising development and do these exchanges have any regional restrictions to trade. Why would be for Dubai strange, that exchanges would be allowed trade cryptocurrencies?
|
|
|
|
Hueristic
Legendary
Offline
Activity: 3920
Merit: 5251
Doomed to see the future and unable to prevent it
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 03, 2019, 04:49:01 AM |
|
Monero (XMR) futures go live on Dubai-based exchange - Dubai-based crypto exchange has listed Monero futures as of 31 October. - XMR futures product is the first of its kind to be traded out in the middle eastern region.
It is strange that a country like Dubai accepts Monero and they have a regulated exchange, promising development and do these exchanges have any regional restrictions to trade. Why would be for Dubai strange, that exchanges would be allowed trade cryptocurrencies? I think he means that the United Arab Emirates is not known for its love of freedom for its subjects. https://en.wikipedia.org/wiki/Human_rights_in_the_United_Arab_Emirates
|
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
|
|
|
kurious
Legendary
Offline
Activity: 2590
Merit: 1643
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 03, 2019, 08:28:36 AM |
|
Monero (XMR) futures go live on Dubai-based exchange - Dubai-based crypto exchange has listed Monero futures as of 31 October. - XMR futures product is the first of its kind to be traded out in the middle eastern region.
It is strange that a country like Dubai accepts Monero and they have a regulated exchange, promising development and do these exchanges have any regional restrictions to trade. Why would be for Dubai strange, that exchanges would be allowed trade cryptocurrencies? I think he means that the United Arab Emirates is not known for its love of freedom for its subjects. https://en.wikipedia.org/wiki/Human_rights_in_the_United_Arab_EmiratesDubai's economy is based upon tourism and trade, it has no significant oil reserves. Its economic model is dependent on tourism and being tax-tree and trade-friendly with relatively relaxed laws (particularly for wealthy westerners). So while it still part of the UAE, if anywhere in that part of the world was going to be crypto-friendly, it makes sense it would be Dubai.
|
我想要火箭和火车
|
|
|
Hueristic
Legendary
Offline
Activity: 3920
Merit: 5251
Doomed to see the future and unable to prevent it
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 03, 2019, 01:21:54 PM |
|
Monero (XMR) futures go live on Dubai-based exchange - Dubai-based crypto exchange has listed Monero futures as of 31 October. - XMR futures product is the first of its kind to be traded out in the middle eastern region.
It is strange that a country like Dubai accepts Monero and they have a regulated exchange, promising development and do these exchanges have any regional restrictions to trade. Why would be for Dubai strange, that exchanges would be allowed trade cryptocurrencies? I think he means that the United Arab Emirates is not known for its love of freedom for its subjects. https://en.wikipedia.org/wiki/Human_rights_in_the_United_Arab_EmiratesDubai's economy is based upon tourism and trade, it has no significant oil reserves. Its economic model is dependent on tourism and being tax-tree and trade-friendly with relatively relaxed laws (particularly for wealthy westerners). So while it still part of the UAE, if anywhere in that part of the world was going to be crypto-friendly, it makes sense it would be Dubai. Well i'm no expert on the region but none of that contradicts my statements. I guess if they put more weight on this supposed crypto tourism than they do on keeping a totalitarian grip on their populous then you have a point. i do hear you can buy gold in vending machines at the airport there.
|
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
|
|
|
Febo
Legendary
Offline
Activity: 2730
Merit: 1288
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 03, 2019, 01:52:29 PM |
|
Monero (XMR) futures go live on Dubai-based exchange - Dubai-based crypto exchange has listed Monero futures as of 31 October. - XMR futures product is the first of its kind to be traded out in the middle eastern region.
It is strange that a country like Dubai accepts Monero and they have a regulated exchange, promising development and do these exchanges have any regional restrictions to trade. Why would be for Dubai strange, that exchanges would be allowed trade cryptocurrencies? I think he means that the United Arab Emirates is not known for its love of freedom for its subjects. https://en.wikipedia.org/wiki/Human_rights_in_the_United_Arab_EmiratesWhat does a perfect digital money have with human rights? Money is medium of exchange to buy and sell things. And stores in Dubai are fully stacked. They also sell most expensive parfume https://www.barrons.com/articles/worlds-most-expensive-perfume-available-for-us-1-3-million-01552944258Just stack piconeros and all will be fine.
|
|
|
|
|