[XMR] Monero Speculation

[vaddi]

Not sure if polo is just having serious technical issues (my guess based on 20 years of IT work?) but either way, it's no secret who owns poloniex and he's quite well known afaict.

https://asktom.cf/index.php?topic=1168562.0

https://www.linkedin.com/in/tristandagosta

if you look at the 24h volumes in bitcoin at the bottom of the Poloniex website, you can easily calculate that they make about 1 million $ in fees every day. one should think they had enough money to get their technical issues in order..

but the discussion is getting a bit off topic.. do you think xmr will be up to 0.02 btc soon?

[explorer]

Not sure if polo is just having serious technical issues (my guess based on 20 years of IT work?) but either way, it's no secret who owns poloniex and he's quite well known afaict.

https://asktom.cf/index.php?topic=1168562.0

https://www.linkedin.com/in/tristandagosta

if you look at the 24h volumes in bitcoin at the bottom of the Poloniex website, you can easily calculate that they make about 1 million $ in fees every day. one should think they had enough money to get their technical issues in order..

but the discussion is getting a bit off topic.. do you think xmr will be up to 0.02 btc soon?

If you mean Soon^TM  then yes.  Sooner, or later, maybe sooner than later, but Soon^TM.

[Febo]

Since we're speculating on polo and I'm a tin foiler..my take is that some accounts may have dubious transactions and polo is being helpful to investigators and those that hold those accounts may not have legal recourse. Of course my speculations are never true.

Is their fault since they dont use Monero. With Monero there are no dubious transactions since all Moneros are same.


Now almost my every 3rd post on this forum is saying that I dont have any problems with Poloniex    Since I dont and i know that those that dont will not post about it, but only the ones that have problems.

But if you dont daytrade is stupid to hold any crypto on any exchange!!

[Hueristic]

Looks like my buy is going to get filled soon if price continues in this direction.

[KeyJockey]

Looks like my buy is going to get filled soon if price continues in this direction.

As I noted above, it's getting into my 0.015's "concern zone" again BUT -- at the same time -- we're still $28+ which is closer to $30 than $20

So?

"There Will Be Growth In The Spring" and "As Long As The Roots Are Not Severed, All Is Well. And All Will Be Well In The Garden."

[Majormax]

Since we're speculating on polo and I'm a tin foiler..my take is that some accounts may have dubious transactions and polo is being helpful to investigators and those that hold those accounts may not have legal recourse. Of course my speculations are never true.

Is their fault since they dont use Monero. With Monero there are no dubious transactions since all Moneros are same.


Now almost my every 3rd post on this forum is saying that I dont have any problems with Poloniex    Since I dont and i know that those that dont will not post about it, but only the ones that have problems.

But if you dont daytrade is stupid to hold any crypto on any exchange!!

I see no problems with Polo.

However this is a dangerous 'late stage' speculative bubble, and caution would be wise.

As in the last 2 crypto bubbles, lots of ppl are making vast amounts of 'easy money' , but many will lose heavily, in unexpected ways, when the 'unknowns' hit, which they inevitably will.

[Majormax]

Looks like my buy is going to get filled soon if price continues in this direction.

As I noted above, it's getting into my 0.015's "concern zone" again BUT -- at the same time -- we're still $28+ which is closer to $30 than $20

So?

"There Will Be Growth In The Spring" and "As Long As The Roots Are Not Severed, All Is Well. And All Will Be Well In The Garden."

Peter Sellers, LOL. 

Only fiction, how could there possibly be a US President as Dumb/Genius as that ?

[guesswho1234]

xmr / usdt volume on polo so low because of lag issues or whats up with that?

[Zegra]

Poloniex has problems these days, Tether is a bit controversial lately. Probably combo of those two. Also, volume on XMR is usually lower after it has moved up, fading away little by little, until it gets boosted again.

[ArticMine]

A fair amount of XMR volume has moved away from Poloniex. https://coinmarketcap.com/currencies/monero/#markets

[coinits]

A fair amount of XMR volume has moved away from Poloniex. https://coinmarketcap.com/currencies/monero/#markets

Maybe Risto got his 50,000+ XMR out as part of his debt obligations. He had asked for help to make it happen.

https://asktom.cf/index.php?topic=1905349.0

[cAPSLOCK]

A fair amount of XMR volume has moved away from Poloniex. https://coinmarketcap.com/currencies/monero/#markets

HITBTC scares me.  I had issues with withdrawals in the past.

[Hueristic]

I think we are about to see a reversal. I just bought what I could. Dust collection time again.

[cryptimus prime]

Withdrawals are now working fine for me with no problems. Poloniex was just overloaded.

[hoertest]

When creating a paper wallet with the gui do you create a view only wallet? Or a regular one and then delete the wallet file from the computer after writing down the seed?
Thanks

[DaveyJones]

A fair amount of XMR volume has moved away from Poloniex. https://coinmarketcap.com/currencies/monero/#markets

HITBTC scares me.  I had issues with withdrawals in the past.

Well HitBTC has lots of fakevolume, watch their orderbooks... they are way to small to warrant such a volume

[Zegra]

I think we are about to see a reversal. I just bought what I could. Dust collection time again.

Likewise it is so low now, it will not be like this for long. Especially with possible impending fall of btc

[kurious]

I think we are about to see a reversal. I just bought what I could. Dust collection time again.

Likewise it is so low now, it will not be like this for long. Especially with possible impending fall of btc

Sadly, unlike some times in Monero's past a fall in BTC does not necessarily mean a corresponding rise in XMR.

In USD terms we are down about 10%, so BTC's USD fall is currently being mirrored (roughly) in Monero's fiat value.  For now...

I hope it will change as alt money looks for quality and the recent P&D frenzy cools.

[nioc]

A fair amount of XMR volume has moved away from Poloniex. https://coinmarketcap.com/currencies/monero/#markets

HITBTC scares me.  I had issues with withdrawals in the past.

Well HitBTC has lots of fakevolume, watch their orderbooks... they are way to small to warrant such a volume

Yes fake volume like was done on the Chinese btc exchanges until those exchanges were forced to stop.  Yeah they have 2x the vol of Polo 

Others have reported issues with HitBTC.

May I suggest staying away from this scam site.

[Zegra]

I think we are about to see a reversal. I just bought what I could. Dust collection time again.

Likewise it is so low now, it will not be like this for long. Especially with possible impending fall of btc

Sadly, unlike some times in Monero's past a fall in BTC does not necessarily mean a corresponding rise in XMR.

In USD terms we are down about 10%, so BTC's USD fall is currently being mirrored (roughly) in Monero's fiat value.  For now...

I hope it will change as alt money looks for quality and the recent P&D frenzy cools.

If it fails the worst that can happen is me ending up breakeven or with new monero xmr/btc ratio is cheap now anyway compared to 8-9 days ago so it was not a bad decision regardless.