[XMR] Monero Speculation

[joroz]

This is the thing, there used to be a community and a bunch of challengers here; also we could answer them.

Plenty of people lurking. Not much activity historically during the final cycles of bear markets. Let's revisit when the ATH predictions start rolling in again.

[Hueristic]

This is the thing, there used to be a community and a bunch of challengers here; also we could answer them.

Plenty of people lurking. Not much activity historically during the final cycles of bear markets. Let's revisit when the ATH predictions start rolling in again.

It's always calm before the storm, my trigger finger is itching.

[elrippos friend]

This is the thing, there used to be a community and a bunch of challengers here; also we could answer them.

Plenty of people lurking. Not much activity historically during the final cycles of bear markets. Let's revisit when the ATH predictions start rolling in again.

It's always calm before the storm, my trigger finger is itching.

... or in the center of the hurricane ... 

[kurious]

Always lurking, but never failing to keep up on here and the price of Monero.

In crypto winters time does seems to grind on rather slowly.... However, just now it seems there are signs of life.  

[johnalan]

Always lurking, but never failing to keep up on here and the price of Monero.

In crypto winters time does seems to grind on rather slowly.... However, just now it seems there are signs of life.  

I remember the Gox drop from 1200usd.


I can’t shake the feeling that this time it’s different.

I think Monero as an idea is powerful, I think technically it’s beautiful.

I don’t think we will see another ATH in fiat or BTC for a long time.

Maybe back into the 100usd region over the next 1 or 2 years

[kryptokant]

very strong against the market today. you see any reason?

[cAPSLOCK]

very strong against the market today. you see any reason?

This could have something to do with it... sadly.

https://www.smh.com.au/world/north-america/hundreds-arrested-in-cryptocurrency-linked-dark-web-child-porn-ring-bust-20191017-p531g1.html?ref=rss&utm_medium=rss&utm_source=rss_feed

Also I think XMR could be just correcting a little since it has been hit hard recently.

[Whtwabbit]

very strong against the market today. you see any reason?

This could have something to do with it... sadly.

https://www.smh.com.au/world/north-america/hundreds-arrested-in-cryptocurrency-linked-dark-web-child-porn-ring-bust-20191017-p531g1.html?ref=rss&utm_medium=rss&utm_source=rss_feed

Also I think XMR could be just correcting a little since it has been hit hard recently.

Nothing to do with that as that story is fake made up news, ah la MSM fantasy
They need to make up this tripe to fill their newspapers


swap Drivers for Crypto

[kurious]

very strong against the market today. you see any reason?

There is no particular trigger, I personally think it's just fundamentals.  All alts have taken a battering, but there are a few that do actually have a) respect and b) a use case.

I know I am not the only long term follower of crypto who thinks Monero is one of the very few coins out there which has these two attributes. 

The use case is of course privacy, and being able to move money around easily without interference or being tracked is increasingly an issue.  It is part of why Libra was baulked at (and why Zuck wanted to launch it) because he would know the last piece of the jigsaw: where, how and on what we spend our money.

The ability to move funds safely and away from prying eyes - if you live in a state that traces your every move, or won't let you take your money out if you leave - is beyond price.  It could one day even be a matter of life and death - ask HK residents what they are concerned about...

So the use case exists. Being a freely and fairly issued coin with no premine, no 'cut' for masternodes or devs means trust in the coin is there, too.

Why now?  Well, it's probably simply too low.  Some people have decided this is too cheap not to accumulate again.   Monero has historically had a habit of moving up very suddenly and leaving people behind. 

So, it's probably just 'about time'.  A planned regular protocol upgrade is due in next month, which can't hurt, either. 

If you want privacy and pretty decent liquidity from an honest coin which as recently as last year was priced over $500, and now is nearly all mined?  Well maybe it's worth a punt.

DYOR

[Hueristic]

oooh, a little bump on price and volume.

[johnfoss]

Yes, everyone is still lurking. Watching and waiting.

The ICO cleansing has come to an end, and higher ups are beginning to offer regulatory guidelines.

While XMR may have fallen victim to delisting due to exchanges fearing FATF, it is likely they have 'jumped the gun', as true regulatory clarity will reveal XMR is compliant.

Even in the slim chance XMR is widely delisted, there are many unregulated exchanges which will capitalise upon this, offerXMR trading pairs, and the greater crypto community will acknowledge the Monero reigns supreme as a privacy coin, achieving what BTC has failed to do so. I predict this will result in an increase of demand for XMR.

Once XMR begins to make moves upwards again, everyone here will return from their bear market sabbatical, paying attention when it's due.

[Febo]

Even in the slim chance XMR is widely delisted, there are many unregulated exchanges which will capitalise upon this, offerXMR trading pairs, and the greater crypto community will acknowledge the Monero reigns supreme as a privacy coin, achieving what BTC has failed to do so. I predict this will result in an increase of demand for XMR.

No court will ever prohibit Monero. None. Who will prohibit Monero will be autocratic governments that will ignore law. But as soon as that government will be replaced with normal government that obey court rulings, Monero will be allowed again.  Right now we are in time where is no laws set and exchanges just do what they believe is right.


In general. Monero price in Bitcoin is same as was a month ago. Less then 30 days ago and people are scared what is going on. It goes up  to much, for sure need correction. s not this fear total proof we are past capitulation and already in despair phase?


Monero can be 0.01 btc  in a week time. Such even will be triggered by something totally unrelated to Monero development. Something about privacy or something I cant even think of. Maybe article: Queen of England was found hiding her wealth in bitcoin to not pay taxes.

[Dotto]

God save the monero queen

[Globb0]

God saves!

[kurious]

But she told us to 'keep mum' about it.

via Imgflip Meme Generator

C'mon guys, it's a secret

(with apologies to gentlemand for stealing his avatar)

[KeyJockey]

God save the monero queen

Fluffy Pony?

(grinning, ducking, running very fast...)  LOL    

[Febo]

It seems Poloniex gave up fighting against SEC regulations and after they geofencing 9 coins for USA customers in May, now totally close access for USA citizens and move elsewhere. It is sad since there are not that many exchanges offering Monero in USA. And sad that they leave USA market because of something Monero is totally compiled with, SEC regulations.


https://www.theblockcrypto.com/post/41437/coinbase-kraken-and-others-develop-a-system-to-rate-cryptos-to-determine-if-they-are-securities

[Hueristic]

It seems Poloniex gave up fighting against SEC regulations and after they geofencing 9 coins for USA customers in May, now totally close access for USA citizens and move elsewhere. It is sad since there are not that many exchanges offering Monero in USA. And sad that they leave USA market because of something Monero is totally compiled with, SEC regulations.


https://www.theblockcrypto.com/post/41437/coinbase-kraken-and-others-develop-a-system-to-rate-cryptos-to-determine-if-they-are-securities

Fuck Polo, they went to the dark side.

Stole coins as well as shared user data without consent.

Everyone left there anyway, i'm sure the coins they stole were used to suppress at key times.




Hi Dotto, long time no see!

[TheFuzzStone]

Hey, pssst!
Do you want some cool Monero signature?

[Globb0]