Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Hueristic
on 16/12/2017, 10:34:55 UTC

...Crypto always surprises me with the scale of its momentum, and of its volatility....


You can put this on my headstone. Smiley

I've been a coinbase customer for four and a half years.  Coinbase is under the thumb of financial authorities.  Recently Coinbase acquiesced to an IRS subpoena for customer records.  Coinbase could have appealed, but they gave in.  Coinbase is such a big, fat target that they are probably afraid to add a coin like Monero.  All the bulldogs and retrograde anti-crypto buttheads like Feinstein and company would be on Coinbase like flies on shit.  Coinbase isn't going to add Monero any time soon.

I disagree.  I understand the sentiment, but in reality AML/KYC compliant exchanges are the governments BEST vector for tracking a true privacy instrument like Monero.  At least then the government can prove the purchase or sale of XMR.  The FEDs should be begging Coinbase to list Monero.

Secondly the view key gives Coinbase the ability to allow for full auditing of their wallets.

 

This.

Bitpay going over to Bcash news is concerning for the CC market's flagship coin.

It does highlight the fees / transaction issue starkly.   I am still pro-core, but they need to get their shit together now.  Segwit was agreed, but it isn't being adopted and isn't even anywhere near a transaction default.  Or a default in wallets.

Exchanges are under huge strain, a lot of new weak hands are in, we are one clusterfuck scandal (tether / major exchange issue / legislation FUD / whatever) away from potential dark times the MSM will leap on.

BTC getting Segwit out properly would help. A lot.  Sorry to be dark, chaps - Monero is going well, but we ride the waves, we don't control them.



You have that right, I was a fool that thought segwit2X would be a given. Doh