Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
dEBRUYNE
on 07/03/2016, 18:08:24 UTC
If it was just an unrelated pump and there is nothing at all behind it, we could see 100k again.

If XMR is on the move, you should be buying instead of reading. Any price starting with 0.00 is good.


I think it's an unrelated pump. It is no coincidence that XMR went up alongside NEM, ETH, MAIDSAFE, etc. All of those coins have something in common: they are predominantly traded on Poloniex. This run likely has little to do with XMR's properties. It has everything to do with where XMR is traded and the fact that XMR could go up easily. This is a "polo pump." Many polo-coins will take turns getting pumped until the money that is concentrated on polo flows back out of polo

Disclaimer: I've been wrong 1000 times.

I beg to differ regarding properties/fundamentals:

Did I look the price chart upside down . Anything significant happened to monero ?

An overview of what happened in the last few months:

What good news are you thinking of?  There are so many possible candidates that I don't even...


Trezor support     https://forum.getmonero.org/4/academic-and-technical/2495/experimental-trezor-firmware-testing
GUI Wallet under active development    https://github.com/mbg033/monero-core
Hard fork coming up to fix mixin 0 problem
Kovri under active development to fix IP address problem    https://github.com/monero-project/kovri
RingCT will be implemented sometime in 2016
Community funding of community / core projects totaling 62,788 XMR


Oh yeah, and of course, Monero a secure and fungible digital currency that can be used here and now

You forgot some things :-P

- Exodus integrating XMR (exodus.io)
- Multi-sig
- 2 minute block times which will improve security of the network

I am probably forgetting some myself too.

&

https://www.reddit.com/r/Monero/comments/48te0n/8_altcoin_by_market_cap/d0n584e?context=3



Furthermore, Monero has an adaptive blocksize limit (in combination with a tail emission) and is therefore not subject to any blocksize issue. See:

https://www.reddit.com/r/Monero/comments/45b8qn/my_journey_to_finding_monero_and_some_questions/czwlcdb