Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
7jaka7
on 28/08/2018, 05:44:04 UTC
Network HasRate gained more than 30% in the last hours  Roll Eyes Grin

30% is not so little. Are you sure? To me it looks network hash rate is between 460 and 470 MH/s  what is close to what it was last few months.

https://www.coinwarz.com/network-hashrate-charts/monero-network-hashrate-chart
Monero mining subredit is totally calm. So I am skeptical you are right.

Well, on monero.how the hashrate was in the morning at 350, now it's at 470...
Maybe monero.how is lacking some info...

I would say that API wasn't working properly on monero.how. I can't find any other site which would show that hash rate drop.

I rly like concept of this coin but lets be honest.
I hear some information that due to regulations cryptocurrencies focused on annonimity can be baned from exchanges this will have great impact on price.
Look at this https://www.newsbtc.com/2018/05/21/japans-coincheck-removes-monero-three-coins-fsa-ban/
Propably will be further actions like this
This attacks strenghten my faith to XMR but I am not blind
This is more then 3 months old article. You would already seen effects of it on it's price. But it is actually hard to see since the whole cryptomarket is in bearish move atm.
Anyway I think until we are down to 2-3 exchanges there is nothing to worry about.

P.S. I have seen that there is some kind of community activation on Bisq (https://bisq.network/ -decentralized exchange). They trade XMR-BTC (I think) pair there on Mondays. So if anyone is interested they can join them. I think they've made over 100k of volume one day. (https://twitter.com/bisq_network/status/1026477796883931136)