explorer
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Activity: 2016
Merit: 1259
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January 10, 2017, 03:01:28 AM |
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Poloniex book steadily getting deeper... Action imminent?
This morning there were 270,000 XMR sell orders. And 3400 BTC buy orders. Now there is 264,000 and 3780, respectively. What are you seeing that makes you say that? I honestly want to know what you see. a few days ago was ~220k and 2800. Fairly steady uptrend, with the typical fluctuations along the way. Buys were well over 3800 at time of posting. |
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LennyCarl
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January 10, 2017, 03:15:11 AM |
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Poloniex book steadily getting deeper... Action imminent?
This morning there were 270,000 XMR sell orders. And 3400 BTC buy orders. Now there is 264,000 and 3780, respectively. What are you seeing that makes you say that? I honestly want to know what you see. a few days ago was ~220k and 2800. Fairly steady uptrend, with the typical fluctuations along the way. Buys were well over 3800 at time of posting. Thank you! |
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Hueristic
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Doomed to see the future and unable to prevent it
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January 10, 2017, 05:13:23 AM |
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...
It's early days, but taking my g/f out for dinner or a weekend away with a little fancy shopping and paying all in Monero via a Visa card would feel damn good... and probably get her to take my screen time a bit more seriously.
It looks to me like you can load the card up with xmr and use it as a visa but i'm not sure if it is loaded with xmr, I think it just sells your xmr and adds usd like any other prepaid. And they they provide a online wallet. I think the language they are using is intentionally ambiguous. But yeah it would be cool to load up a few hundred bucks and give it to her to go shopping.  BTW, that USDT token on polo, has anyone looked into it? How safe is it? I read on it being pegged awhile back but I have no clue if it' really backed or not. |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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sui_generis
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January 10, 2017, 06:39:03 AM |
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Welcome to RingCT!
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explorer
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Activity: 2016
Merit: 1259
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January 10, 2017, 06:41:51 AM |
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Welcome to RingCT!
Fork all of you! |
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Aby Normal
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January 10, 2017, 06:43:53 AM |
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A small step for a coin, giant step for cryptocurrencies  |
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Luxo
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January 10, 2017, 06:55:45 AM |
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Successful fork |
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smooth (OP)
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January 10, 2017, 07:32:43 AM |
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BTW, that USDT token on polo, has anyone looked into it? How safe is it? I read on it being pegged awhile back but I have no clue if it' really backed or not.
It is backed by a US company, Tether, which publishes statements of their USD bank holdings. I have not seen independent audits, but they might exist (not sure). You will have to rely on your own judgment and research as to how safe that is. |
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Shiroslullaby
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January 10, 2017, 10:40:34 AM |
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RingCT active. Chinese billionaires, Bitcoin hackers and darknet vendors: feel free to start buying massive amounts of Monero and jack up the price. Thanks! |
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elrippo
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Activity: 1008
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January 10, 2017, 11:27:00 AM |
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RingCT active. Chinese billionaires, Bitcoin hackers and darknet vendors: feel free to start buying massive amounts of Monero and jack up the price. Thanks! I think they heard you, already in progress  |
For Advertisement. PM me to discuss.
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Hueristic
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Doomed to see the future and unable to prevent it
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January 10, 2017, 03:51:52 PM |
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BTW, that USDT token on polo, has anyone looked into it? How safe is it? I read on it being pegged awhile back but I have no clue if it' really backed or not.
It is backed by a US company, Tether, which publishes statements of their USD bank holdings. I have not seen independent audits, but they might exist (not sure). You will have to rely on your own judgment and research as to how safe that is. Thx, I'm quite wary of these type tokens. I can't find where Tether is always fully transparent https://wallet.tether.to/transparencyOur reserve account is regularly audited, All tethers are backed 100%
by actual assets in our reserve account, You always have 24/7 access to our balance This link from the "transparency page" tells me nothing. http://omniexplorer.info/lookupadd.aspx?address=3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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VapeOil
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January 10, 2017, 04:27:32 PM |
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RingCT active. Chinese billionaires, Bitcoin hackers and darknet vendors: feel free to start buying massive amounts of Monero and jack up the price. Thanks! Its already done. You think that the price will go higher than this? I sold my small stash already. |
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TrueCryptonaire
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Merit: 1000
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January 10, 2017, 05:04:26 PM |
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RingCT active. Chinese billionaires, Bitcoin hackers and darknet vendors: feel free to start buying massive amounts of Monero and jack up the price. Thanks! Its already done. You think that the price will go higher than this? I sold my small stash already. Very slim probability it will go up. Basically nothing happened pricewise. Monero was trading at the same price a few days ago as now (by price I mean against bitcoin, not fiat). |
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mnemonicsoup
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January 10, 2017, 06:18:52 PM |
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I was surprised to read that people expected the price to go up with RingCT because I think that most traders are pretty ignorant of the superior technology of Monero and those that understand, believe in and love Monero already have all the Monero they can afford so I thought a price increase would be unlikely today.
In any case, Monero is in an amazing place now, the plane has managed to take off (this was the hardest thing) and will most likely only go higher now, and it's good that it's not going up too fast.
The steady rise hollows the moon.
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Hueristic
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Activity: 4424
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Doomed to see the future and unable to prevent it
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January 10, 2017, 07:10:49 PM |
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I was surprised to read that people expected the price to go up with RingCT because I think that most traders are pretty ignorant of the superior technology of Monero and those that understand, believe in and love Monero already have all the Monero they can afford so I thought a price increase would be unlikely today.
In any case, Monero is in an amazing place now, the plane has managed to take off (this was the hardest thing) and will most likely only go higher now, and it's good that it's not going up too fast.
The steady rise hollows the moon.
THAT is so true! They all think because a coin claims it's anonymous that its all equal tech. Idiots trade on what some random person says in the trollbox, you can't get any more moronic than that. |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Luxo
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January 10, 2017, 09:16:41 PM |
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I was surprised to read that people expected the price to go up with RingCT because I think that most traders are pretty ignorant of the superior technology of Monero and those that understand, believe in and love Monero already have all the Monero they can afford so I thought a price increase would be unlikely today.
In any case, Monero is in an amazing place now, the plane has managed to take off (this was the hardest thing) and will most likely only go higher now, and it's good that it's not going up too fast.
The steady rise hollows the moon.
Agreed. However articles about RingCT and accomplishing a hard fork should gain some trust in the ongoing development behind Monero with some new people joining in the fun. Jaxx wallet accepting Monero in a week or two + successful fork should be positive and have a spike when Jaxx accepts XMR. It will definitely benefit long term but it seems Monero community will have to deal with explaining why the transaction size increased, how the dynamic blocksize will adapt to it, how it is normal and that there will be solutions to it: https://www.reddit.com/r/Monero/comments/5n78bg/ringct_transaction_sizes_and_scaling/ |
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doc12
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Activity: 1284
Merit: 1043
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January 10, 2017, 09:49:42 PM |
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Nice RingCT active I hope Trezor will support XMR soon. |
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sui_generis
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January 10, 2017, 10:34:57 PM |
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The transaction size thing is a bit worrying, but hopefully it's something that can be improved with further work. It would be nice to get a comment from Smooth or someone else who know what they're talking about |
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alphahacktivist
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January 10, 2017, 10:44:35 PM |
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even at $100 per xmr. i will still not sell..
i personally believe Monero is a similar Bitcoin, only without the whole Mt.Gox situation. thats why instead of shooting up and then hit bottom down.. it will grow slowly and steady. just like bitcoin should have grown. slow and steady it would have less drama around it.
mind you i am not dissing bitcoins.
i hold Bitcoins, Monero, Ltc and Etc.
i believe all crypto currency which has a usage will be used in the future for different situation.
of course i wanted to buy Ripple as well a while back. and i bought. but since the US govt invested in. i sold everything.
i might be wrong in all my assumptions; that Monero and Bitcoin will be used a future currency. but i take full responsibility for my assumptions. i bought in bitcoins a long time back. i can afford taking the loss if all the currencies abovementioned suddenly fails. i already cashed enough to continue live my life without relying on them. but people who cannot afford the loss, should really really really be careful of not putting all eggs in 1 basket.
many "enthusiasts" will say diss your fiat and whatever else. however i would advise keep both of them. both of them have their usage.
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Shiroslullaby
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January 10, 2017, 10:56:00 PM |
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Im actually surprised RingCT hasn't had any effect on price, but I'm in for long-term investment anyways.
I could definitely see a price of $50 to $100 in a few years from now which would be a great return on your investment, even if you bought today.
If Bitcoin can hit $1000 I don't see any reason that coins like Monero and Ethereum couldn't hit that price point.
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