Quote from: slaman29 on May 08, 2018, 01:52:03 PM

Quote from: cAPSLOCK on May 07, 2018, 08:20:44 PM

Circle's Monero onramp is about the biggest news for the adoption of the currency as I can remember. And I kinda go back a ways...

I think the price action right now considering this is a real sleeper. Very typical of XMR.

No worries though. Price action is fickle and fairly meaningless in the short term...

I held Monero some time after the dark markets announcements, but it does feel surreal to have someone like Circle take Monero on. XMR as usual doesn't seem to react much to these types of centralized markets. When Japanese exchanges dropped privacy coins, XMR didn't fall. I personally think that's good news for XMR, though. Typical, like you said, and in the big picture, meaningless.

Idk why people are so surprised by this. Circle owns Polo. It makes sense for them to add their top traded/established coins. This app allows for investing on paper of certain cryptos - at a fee. You can't deposit and you can't withdrawal the cryptos. Its use is limited to speculation. Feels like I'd almost be funding their bankroll or at the very least paying someone for an IOU.

Granted - it is still great news for xmr and crypto adoption. It raises awareness and I'm sure helps people get started. I am excited for this news.
But at the same time for XMR - I want to see more people use the currency. Growth through daily transactions is what gets me going Grin