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Author Topic: [XMR] Monero Speculation  (Read 3312366 times)
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April 08, 2021, 03:51:16 PM
 #42981

Posted by u/SamsungGalaxyPlayer
https://www.reddit.com/r/CryptoCurrency/comments/mm3iw9/mobilecoin_is_a_censored_monero_wannabe_premined/

TL;DR: "If you want a premined, centralized coin that censors transactions, with security assumptions reliant on Intel, and which makes a bunch of VCs rich, then use MobileCoin."

https://www.wired.com/story/signal-mobilecoin-payments-messaging-cryptocurrency/

"Like Monero, MobileCoin uses a protocol called CryptoNote and a technique it integrates known as Ring Confidential Transactions"
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April 08, 2021, 04:01:45 PM
Merited by infofront (1)
 #42982

Posted by u/SamsungGalaxyPlayer
https://www.reddit.com/r/CryptoCurrency/comments/mm3iw9/mobilecoin_is_a_censored_monero_wannabe_premined/

TL;DR: "If you want a premined, centralized coin that censors transactions, with security assumptions reliant on Intel, and which makes a bunch of VCs rich, then use MobileCoin."

https://www.wired.com/story/signal-mobilecoin-payments-messaging-cryptocurrency/

"Like Monero, MobileCoin uses a protocol called CryptoNote and a technique it integrates known as Ring Confidential Transactions"

When called out by fluffy, one of the devs claimed it had nothing to do with Monero (even though it inherited just about all of Moneros code on top of CN) and dissed the Monero codebase.

They did not attribute Monero at all.

The premined the ENTIRE THING and sold it for 80c a coin, launching themselves into instant shitcoin glory to be seen on CMC?  And making it a security for sure.

They are using RIPPLE's consensus mechanism (lol).

The thing is smelly as hell... which means it will probably take over the world. :/
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April 09, 2021, 02:50:38 PM
Merited by Hueristic (1)
 #42983

One good thing about the whole MobileCoin thing is XMR could be in the spotlight again.

Anyway, we got XMR starting to trend back up real nicely against BTC after it had bottomed out at the beginning of the year a tad below .0035. That’s all I care about rn.  What’s done is done.  Signal can go scam themselves.




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April 09, 2021, 03:31:27 PM
Merited by bitebits (1)
 #42984

Daily RSI getting a little overheated.



But I would love to see us keep going.  And I think the fundamentals are starting to gather like storm clouds.   

The more I think American Pegasus' prediction about gvmt folks hiding value here the more it seems extremely likely.  Latest "Rabbit Hole Recap" has Matt and Marty talking about Ukrainian gvmt officials holding 5 digits of corn.  How do you think a public figure there feels with the world knowing they are bitcoin billionaires?  They are at least starting to dip their toes into this... why wouldn't they?  Even if you lost some value to volatility, where do you want your holdings? Where all the shady criminal types can see it and come up with a plan to kidnap your daughter?  Or hidden?

In that part of the world (and really everywhere) either your finances end up "at the bottom of the sea" after a boating accident, or *YOU* do.

It is becoming OBVIOUS that Monero is the most undervalued crypto project in the whole damn bunch.  We have always known it, of course.  We are the choir.  But the congregants are starting to wake up.

Hold tight brothers.

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April 09, 2021, 05:16:11 PM
Merited by cAPSLOCK (1)
 #42985

This year high happened on Binance at $290. It is just a matter of hours and not days fro price to go over $300. New ATH can already happen in May.  Next week because of Monero 7th birthday some publicity will for sure happen. 
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April 10, 2021, 04:38:55 AM
 #42986

This year high happened on Binance at $290. It is just a matter of hours and not days fro price to go over $300. New ATH can already happen in May.  Next week because of Monero 7th birthday some publicity will for sure happen. 
I think you are right.
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April 10, 2021, 05:52:58 AM
Merited by bitebits (5), macson (1)
 #42987

You know what?

I can feel it again.  Can you guys feel it?  It's strong at the moment.  It's getting REALLY strong.

I am like an animal that knows an earthquake is coming... I am starting to get that feeling again.  And yeah, I am sober. But I think Monero is about to fulfill what we have been sitting here knowing would eventually happen for 6 years.  And yeah.  I am talking about price.  But price is just the symptom.  People are starting to wake up.

Bitcoin is 12 years old now?  Something like that.  And when it was new, those who saw it, began to understand it.  Just began.  And they started playing with it, and hoarding it, and reading about it and thinking about it, and over time understanding it.  It took a while.  And then some of us saw something interesting.  One of the tradeoffs bitcoin made created a ledger that was completely transparent. Uh oh.  Silk road came, and then went.  Ross went to jail.  And Bitcoin, which had cut it's teeth on the dark net began to be understood further.  It was not safe to use it for that... only a few got it at first.  More darknets came and went as law enforcement figured out how to trace Bitcoin... 

And along came Cryptonote, Bytecoin and Monero.  Yeah we all know the story.  Some of us were HERE for it.  Risto (RIP?), and his castle, and his God complex.  A coin with no GUI wallet forever.  Little by little the code was cleaned up, improved.  Quietly the foundation was built... stronger and stronger.  But it was still hard to use.  And the same folks that could not figure out a CLI wallet didn't really understand the WHY for monero in the first place.  They were more interested in a "World computer", Cryptokitties, or the newest acronym the herd was chanting as the makers of those scam dumped their bags on the masses.  But Monero just kept going.  Step by step adding more and more iron clad privacy.  Some saw it early on as a compliment to Bitcoin.  The private ledger.  A different trade off.  Doing one of the few things Bitcoin just could not do.  Some saw it as what bitcoin was supposed to have been in the first place.

But still.  99.99xxx% of the world did not REALLY understand Bitcoin, much less the nuanced difference that Monero brought.

Yet more darknet markets popped up primarily using Bitcoin.  And they kept getting busted over and over...  some began to use Monero... but it was a minority player.  And would end up in the reports of the takedowns.  Somethng like:

Quote
Alexandre Cazes was arrested on suspicion of operating the darknet marketplace AlphaBay. The deceased alleged dark web kingpin possessed 1,605.05 BTC, 8,309.27 ETH, 3,691.98 ZCash and an unknown amount of Monero, according to his financial statement as revealed by the authorities.

Here in this thread we all danced that day... We knew what that meant.  "an unknown amount of Monero".

It was working.  It was doing exactly what it was made for.  NO.  Not being used to buy and sell drugs.  Being used as private, fungible cash. 

Fast forward to today.  The biggest DNM is now Monero only.  And it's still trucking.  Because Monero works.  It works as money, and it works in the absolutely most dangerous and hostile environment possible.

And now we are *JUST* on the dawn of the beginnings of the Bitcoin revolution. "In hindsight it was inevitable".  Remember when you first understood that?  Well before 2021.  But still it took you a little while.  You had to digest what Bitcoin was.  AND what it was not.  But NOW the WORLD is waking up to Bitcoin.  It is understanding that it offers something completely new at exactly the right time.  And just like a few of us began to see back in 2014.  There are some things it does not do.  There NEEDS to be a private bitcoin.  These people will come to that understanding much more quickly.  Take a bow gents. It's your shoulders they are standing on.    You were the ones that ran Monero up the first bull market.

And you get to watch as the new blood starts to trickle... then pour... then flood into Monero like a torrent.  Because people are going to realize it offers something they need.  Not only should they buy a little because it might get more valuable... but they NEED it.  Not to buy weed, but to protect their financial privacy.

Monero has been undervalued for a LONG LONG time.  It cannot remain so.

They are coming.  And the team behind this project has made the protocol and the software as ready as they possibly could have.

I can feel it, my friends.  It's really strong.  And this is still the calm before the storm.

Can you feel it?

Smiley
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April 10, 2021, 02:20:45 PM
 #42988

Monero has been undervalued for a LONG LONG time.  It cannot remain so.

Monero has been shorted for a LONG LONG time. Shorts will get liquidated. It is just a matter of hours and not days. We might see new ATH this month and not the next.
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April 10, 2021, 02:36:18 PM
 #42989

snip

Quote
Alexandre Cazes was arrested on suspicion of operating the darknet marketplace AlphaBay. The deceased alleged dark web kingpin possessed 1,605.05 BTC, 8,309.27 ETH, 3,691.98 ZCash and an unknown amount of Monero, according to his financial statement as revealed by the authorities.

Here in this thread we all danced that day... We knew what that meant.  "an unknown amount of Monero".

snip
i think you should write this good line in an article and title it "the greatest Monero" "lol"

talking about monero, yeah it got me excited....On April 18th, monero will enter the age of 7'.  as a monero supporter, i always expect the best prices for monero.  very sure we will see a new ATH.

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April 11, 2021, 10:40:01 AM
 #42990

[MRO] Monero logo contest

https://bitcointalk.org/index.php?topic=589522.160


This happened 1-2 months before my time so I dont remember it, but someone dug it on reddit.


And $300 happened. Now. $400 next Smiley
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April 11, 2021, 02:47:09 PM
 #42991

Daily RSI getting a little overheated.






I don’t read it that way.  It could also mean that momentum is high on XMR’s side imho.  I mean look, XMR/BTC just bottomed out and is just starting to trend up.  Do you actually think it’s time to sell and switch to BTC?  Hell no.  If you’re holding BTC, it’s time to buy XMR.

R


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April 11, 2021, 05:17:38 PM
 #42992

Daily RSI getting a little overheated.






I don’t read it that way.  It could also mean that momentum is high on XMR’s side imho.  I mean look, XMR/BTC just bottomed out and is just starting to trend up.  Do you actually think it’s time to sell and switch to BTC?  Hell no.  If you’re holding BTC, it’s time to buy XMR.

Lord no.  All I am saying is we have gone parabolic and the daily RSI is entering overbought territory.  Not only am I not selling, but I also think (as I sort of said) it could go further still before correcting. 

But from a technical standpoint we are getting a little overbought.  I don't know what happens to RSI when you keep going.  Does it correct down, or just get slammed into the top?  I am not a technical wiz, nor am I a trader, but I have noticed that RSI over 70 frequently precedes a correction.
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April 11, 2021, 06:05:17 PM
 #42993

but I have noticed that RSI over 70 frequently precedes a correction.

If enough people believe something it becomes a self fulfilling prophecy. Too many believe in this witchcraft, but they will find out the hard way it will bite you in the ass and leave you out in the cold ala Mindrust.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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April 11, 2021, 06:15:04 PM
 #42994

Any moment now shorters will be getting squeezed, then price will go BAM!!!   Price now shyly at $320. Like this new ATH can already happen next week Smiley  Finally!
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April 11, 2021, 07:41:14 PM
Merited by johnalan (3)
 #42995

You know what?

I can feel it again.  Can you guys feel it?  It's strong at the moment.  It's getting REALLY strong.

I am like an animal that knows an earthquake is coming... I am starting to get that feeling again. 

-snip lots of blah blah...-


Just saying. Wink 

Looks like we might be seeing some of Febo's short squeeze right now. Smiley

Is there live data on that? I cant remember that site with the short interest.  I hope a lot more gets squeezed,and I hope the shorters lose their asses.  Seriously, I am a chill fellow that generally does not wish harm on others... but there are shenanigans being done on Monero, and I want BLOOD out of the perps.  I hope they get hurt bad.  Bankrupt ... lost all their bitcoin collateral -- consider jumping level bad.  I *almost* feel guilty... but nah.

-edit-
Here it is... May their pain be strong.

https://datamish.com/xmrusd/14d
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April 12, 2021, 01:42:11 AM
 #42996

Hows that RSI looking? Grin

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April 12, 2021, 03:04:03 AM
 #42997

Hows that RSI looking? Grin

Pretty hot on the daily:


But if we zoom out a little, not bad at all...


I think we have legs here, for sure.  My spidey senses feel crazy good.  But it would not be unhealthy to pause/pullback a little here.

elrippos friend
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April 12, 2021, 07:30:33 AM
 #42998

Finally there is some movement in this thread  Grin Grin Grin

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April 12, 2021, 10:08:15 AM
 #42999

Interesting times here

rodskee
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April 12, 2021, 10:32:14 AM
 #43000

Finally there is some movement in this thread  Grin Grin Grin
Yeah , and finally It's time to smile for me now as after years of waiting Now there is really a good movement .

Anyway for another positive thoughts.

Would Monero(XRM) Will break the ATH from 2018? those currencies from top 20 are already broken their All Time High so what about this rank 23? any chance of Pumping high soon?

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