[XMR] Monero Speculation

[explorer]

Other custodian exchanges will most probably delist XMR, just like what they did with XRP. Bisq looks to be the only true decentralized alternative at the moment but it relies on the average price on custodian exchanges with enough volume for the price determination.

How will the true price of XMR/BTC be discovered when XMR is delisted?

1:1 peg  would be acceptable.

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[henkcryptotank]

Surely im not the only one, positive about this?
Bitcoin is doing what its supposed to do: going mainstream.
Monero is doing what its supposed to do: going underground.

Happy newyear every1

Greets Hank

[dEBRUYNE]

'Haven’t heard of anything on the regulatory side. Presumably, it’s something specific to their [Bittrex] business.' - Jesse Powell (Kraken CEO)

https://twitter.com/jespow/status/1345117102009536512

[Globb0]

Oh god it goes even lower.

I can never seem to make a right call on this one.


We were price parity with bsv yesterday (whatever that means) and number 8th coin in the list.

[BayAreaCoins]

After the markets are removed, Bittrex generally seeks to provide users up to 30 days to withdraw any delisted tokens, but in certain instances the withdrawal period may be shortened. Users should withdraw any tokens before the posted withdrawal deadline. There may be circumstances under which a user may not be able to withdraw a token due to events outside of Bittrex’s control. For example, there could be technical difficulties (e.g., the blockchain is broken) which prevent users from being able to withdraw their tokens.

This is theft... if there service is still open, they should be giving people their fucking coins back.

What about the people that get out of jail and such after 30 days.

Bittrex is garbage... XMR is better off without wannabe banksters that rob their customers with short notice.

FreeBitcoins.com/xchange is happy to support XMR, DASH, ZEC, other privacy coins rather than fiats. 

Bittrex is gambling that accepting fiat rather than crypto is more profitable.  This basically spits in all of their user's faces because crypto built their service in the first place... fuck them.

[Globb0]

After the markets are removed, Bittrex generally seeks to provide users up to 30 days to withdraw any delisted tokens, but in certain instances the withdrawal period may be shortened. Users should withdraw any tokens before the posted withdrawal deadline. There may be circumstances under which a user may not be able to withdraw a token due to events outside of Bittrex’s control. For example, there could be technical difficulties (e.g., the blockchain is broken) which prevent users from being able to withdraw their tokens.

This is theft... if there service is still open, they should be giving people their fucking coins back.

What about the people that get out of jail and such after 30 days.

Bittrex is garbage... XMR is better off without wannabe banksters that rob their customers with short notice.

FreeBitcoins.com/xchange is happy to support XMR, DASH, ZEC, other privacy coins rather than fiats. 

Bittrex is gambling that accepting fiat rather than crypto is more profitable.  This basically spits in all of their user's faces because crypto built their service in the first place... fuck them.

Then you will be left dealing with them in person on a case by case basis.

I don't thin they can lawfully withhold your stuff, but it wont be on the platform anymore.

[minhtra]

Pros are seeing better entry points for anonymous coins https://www.coingecko.com/en/coins/monero

[BayAreaCoins]

After the markets are removed, Bittrex generally seeks to provide users up to 30 days to withdraw any delisted tokens, but in certain instances the withdrawal period may be shortened. Users should withdraw any tokens before the posted withdrawal deadline. There may be circumstances under which a user may not be able to withdraw a token due to events outside of Bittrex’s control. For example, there could be technical difficulties (e.g., the blockchain is broken) which prevent users from being able to withdraw their tokens.

This is theft... if there service is still open, they should be giving people their fucking coins back.

What about the people that get out of jail and such after 30 days.

Bittrex is garbage... XMR is better off without wannabe banksters that rob their customers with short notice.

FreeBitcoins.com/xchange is happy to support XMR, DASH, ZEC, other privacy coins rather than fiats. 

Bittrex is gambling that accepting fiat rather than crypto is more profitable.  This basically spits in all of their user's faces because crypto built their service in the first place... fuck them.

Then you will be left dealing with them in person on a case by case basis.

I don't thin they can lawfully withhold your stuff, but it wont be on the platform anymore.

They steal the coins from my experience... I'm sure that's what is going to happen here.

[Millionero]

I lost one xmr to bittrex.  I opened an account, deposited the coin, and then wasn't able to withdraw that coin.  They don't warn you about the fact that they will accept your coins and then, AFTER you've deposited, tell you about further kyc requirements before you can withdraw.  I was never informed that kyc is required for withdrawals.
Lucky I only deposited one xmr.
Yeah, f**k bittrex.

[fabiorem]

Bittrex sucks. I stopped using them many months ago, because, while their fees over swing trades are small, their fees over transfers are huge, which is bad for those who wants to hold the coins.
I have been using Changelly now, which transfers between your own wallets. They dont have a book, so not a place for swing traders. I think we have a nice entry point for Monero here, and if you want to buy, now its the time.

[phishead]

Welp, I'm back to the old 2016 portfolio of all in on XMR... ready to take off anytime you guys are

[tokeweed]

 

   It has to be something bigger than bittrex.  This looks more coordinated.

Seems like it...

I wonder which exchange lead the dump.  Bittrex couldn't have lead it since it has only like 250k - 300k USD 24 hour volume for XMR.

[phishead]

   

   It has to be something bigger than bittrex.  This looks more coordinated.

Seems like it...

I wonder which exchange lead the dump.  Bittrex couldn't have lead it since it has only like 250k - 300k USD 24 hour volume for XMR.

I don't think it was any "exchange" that lead it... more than likely it was just a FUD dump across the board imo

[Millionero]

I have been using Changelly now, which transfers between your own wallets. They dont have a book

Changelly Pro has a book
pro.changelly.com
It's pretty new and I only signed up today, so I can't say how good it is.

[Millionero]

Get rid of that damn spammer.
He keeps registering new sock puppets.  Maybe you should close both monero threads to posts from newbies for a while, until he goes away.

[Hueristic]

I have been using Changelly now, which transfers between your own wallets. They dont have a book

Changelly Pro has a book
pro.changelly.com
It's pretty new and I only signed up today, so I can't say how good it is.

Tried to signup through Tor and got one message, and I quote.

Forbidden

So yeah I guess fuck changley.



On the bright side Volume has really picked up!!!

[elrippos friend]

I have been using Changelly now, which transfers between your own wallets. They dont have a book

Changelly Pro has a book
pro.changelly.com
It's pretty new and I only signed up today, so I can't say how good it is.

Tried to signup through Tor and got one message, and I quote.

Forbidden

So yeah I guess fuck changley.



On the bright side Volume has really picked up!!!

What goes up must come down and vice versa 

[heraldd]

Surely im not the only one, positive about this?
Bitcoin is doing what its supposed to do: going mainstream.
Monero is doing what its supposed to do: going underground.

Happy newyear every1

Greets Hank

I would love to agree with you. A delist leading to a pump (instead of a dump) would have been a big middle finger to the regulators. Unfortunately, Monero is not ready to live without custodian exchanges yet:

- Bisq is clunky (because it's built like a fiat ramp) and relies on central exchanges for the price determination
- Waves is empty (and I am not even sure it is fully decentralized)
- shapeshift copycats now refuse Tor

We should not show off until we have a true atomic swap solution, or a least a tokenized XMR to be used on other chains for its price determination (like a "renXMR" vs "renBTC" on Uniswap for example)... Until then, only shaddy custodian exchanges will use XMR so the price will be manipulated.

The truth is we knew this day would eventually arrive, but we are not prepared yet.

[BldSwtTrs]

https://twitter.com/dashpay/status/1345093269919854592?s=21

[francois-cooper]

the xmr graph was looking good, too bad this news came out at the wrong moment