[XMR] Monero Speculation

[Febo]

...
Considering Monero transactions. May will still be best month, but trend is up so I have great hopes for September to reach new ATH.

What is your data source?  Many of my links are out of date after my hiatus...

The monthly and how was last hours and average of last day and week, I check on: https://www.monero.how/
Today someone also posted this graph with transactions. https://coinmetrics.io/charts/#assets=xmr_log=false_roll=200_zoom=1460944944000,1600394544000_formula=W1siWE1SIFR4IiwiUmVkIiwwLCJzbWEoWE1SLnR4Q291bnQsIDEwKSJdLFsiWE1SIFByaWNlIiwiQmx1ZSIsMSwic21hKFhNUi5QcmljZVVTRCwgMTApIl1d

[1715482837]

1715482837

[1715482837]

1715482837

[1715482837]

1715482837

[cAPSLOCK]

Monero is a fairly large coin, it is traded on major exchanges. I tried trading it using a bot.

Your bot seems to post to BCT too... :/

[cAPSLOCK]

...
Considering Monero transactions. May will still be best month, but trend is up so I have great hopes for September to reach new ATH.

What is your data source?  Many of my links are out of date after my hiatus...

The monthly and how was last hours and average of last day and week, I check on: https://www.monero.how/
Today someone also posted this graph with transactions. https://bit.ly/3jlIyDd

I always forget about this site.

It blows my MIND that Monero ranks below some of the coins in the top 20 at CMC marketcap wise.  I mean I get some of the reasoning behind some of the coins (ETH, XRP, LTC, even BNB) even though some of those are obviously steaming piles.  But some of the coins with bigger caps are crazymaking.  Cardano? Stellar? Tron? and my personal fav BSV.

I should not be angry.  That obvious incorrect valuation is where money can be made!  It's just the risk that the market will stay irrational longer than I draw breath.

[Hueristic]

Monero is a fairly large coin, it is traded on major exchanges. I tried trading it using a bot.

I don't want to argue with you, man, but for me, it's better to trade manually, so you control everything, bots, these are risks.

Read this article. https://tradingbot.info/results/cryptohopper/cryptohopper-results-20-in-profit
I'm sure you'll get a lot out of it.

FYI, No-one in this thread is stupid enough to fall for you shilling with sockpuppets.

[explorer]

48 hours above .008
Does it hold?

[Febo]

First Monero  Stock-to-Flow chart made by btcMike says Monero is going off the chart in 2021:  https://old.reddit.com/r/xmrtrader/comments/iiida8/monero_stocktoflow_chart/

[Jason.W]

I mean .. to be fair .. like .. the tendency of any charted anything when pushed to the boundary of the chart is to .. go off the chart .. right? Like the graph ends at 2022 .. so yeah of course it's going to go off the chart lol

The question is to the up or to the right. I still think it's got a solid floor above 0.004 though.

[elrippos friend]

48 hours above .008
Does it hold?

Let's have a cup of tea and see 

[elrippos friend]

First Monero  Stock-to-Flow chart made by btcMike says Monero is going off the chart in 2021:  https://old.reddit.com/r/xmrtrader/comments/iiida8/monero_stocktoflow_chart/

I think we will see this in Q4 2020 already 

[explorer]

First Monero  Stock-to-Flow chart made by btcMike says Monero is going off the chart in 2021:  https://old.reddit.com/r/xmrtrader/comments/iiida8/monero_stocktoflow_chart/

I think we will see this in Q4 2020 already 

   I'll take that ride!

[Febo]

48 hours above .008
Does it hold?

3 days now. In February it lasted 11 days. Would be nice to break that record.

[phishead]

This is so dumb.... lol. If you were tracing people’s xmr transactions for the government, why tell everyone that? I feel like this is some weird over hyped tech that might trace a certain part of the xmr transaction but not as transparent as btc. Ciphertrace must be trying to outbid chainalysis for a Gov. contract.

https://cointelegraph.com/news/ciphertrace-develops-monero-tracing-tool-to-aid-us-dhs-investigations

[Roidz]

Monero is a fairly large coin, it is traded on major exchanges. I tried trading it using a bot.

I don't want to argue with you, man, but for me, it's better to trade manually, so you control everything, bots, these are risks.

I really agree with your thinking because trading using bots is too much of a risk and cost that we have to spend, there is nothing wrong with using bots in trading because we no longer need to continue to monitor market movements and are also more time efficient, but we also have to be prepared for risks, there are such as losses, fraud and fraudulent transactions, and what needs to be remembered is the bot is a system and the system certainly has many weaknesses, so that, it does not guarantee that the assets/money we have will be safe in trading.

[Millionero]

First Monero  Stock-to-Flow chart made by btcMike says Monero is going off the chart in 2021:  https://old.reddit.com/r/xmrtrader/comments/iiida8/monero_stocktoflow_chart/

The guy needs to show his work.

[explorer]

This is so dumb.... lol. If you were tracing people’s xmr transactions for the government, why tell everyone that? I feel like this is some weird over hyped tech that might trace a certain part of the xmr transaction but not as transparent as btc. Ciphertrace must be trying to outbid chainalysis for a Gov. contract.

https://cointelegraph.com/news/ciphertrace-develops-monero-tracing-tool-to-aid-us-dhs-investigations

I think you'd only tell everyone if it doesn't actually work.

[explorer]

48 hours above .008
Does it hold?

3 days now. In February it lasted 11 days. Would be nice to break that record.

 0.008 broken  

[elrippos friend]

First Monero  Stock-to-Flow chart made by btcMike says Monero is going off the chart in 2021:  https://old.reddit.com/r/xmrtrader/comments/iiida8/monero_stocktoflow_chart/

I think we will see this in Q4 2020 already 

   I'll take that ride!

Then fasten your seat belt 

[elrippos friend]

This is so dumb.... lol. If you were tracing people’s xmr transactions for the government, why tell everyone that? I feel like this is some weird over hyped tech that might trace a certain part of the xmr transaction but not as transparent as btc. Ciphertrace must be trying to outbid chainalysis for a Gov. contract.

https://cointelegraph.com/news/ciphertrace-develops-monero-tracing-tool-to-aid-us-dhs-investigations

---quote---
“We assume that CipherTrace has developed a novel method to trace Monero transactions, but I am not quite sure of what they can do, so it’s hard to interpret the legitimacy of their claims. Saying you have a method to look at Monero transactions doesn’t mean this is now as transparent as Bitcoin transactions.”

“Not wanting your spouse to find out you bought jewelry for your anniversary is very different from keeping the government from tracking your illegal drug empire. Most people are simply looking for ‘good enough’ privacy, and I don’t think professional tracing capabilities affect most people in any meaningful way.”
---unquote---

In my opinion early transactions and sweep transactions, probably exchange info can be shared but that's it  

[dEBRUYNE]

This is so dumb.... lol. If you were tracing people’s xmr transactions for the government, why tell everyone that? I feel like this is some weird over hyped tech that might trace a certain part of the xmr transaction but not as transparent as btc. Ciphertrace must be trying to outbid chainalysis for a Gov. contract.

https://cointelegraph.com/news/ciphertrace-develops-monero-tracing-tool-to-aid-us-dhs-investigations

Worthwhile to watch this interview as well as to read the comments in these threads:

https://youtu.be/w5rtd3md11g

https://www.reddit.com/r/Monero/comments/ijyhmq/ciphertrace_claims_it_developed_a_monero_tracing/

https://www.reddit.com/r/Monero/comments/ik0t3h/ciphertrace_monero_tracing_example/

https://www.reddit.com/r/Monero/comments/ik9uhc/ciphertraces_monero_tracing_tool_chat_with_dave/

[Globb0]

We are looking OK again.

If the green candle, I circled, closes above the size of the red one then we can be off up again.