For me cryptocurrency is disruption at its finest. This is what cryptocurrency is doing and I do not see (with my modest knowledge) any overlaps of the fiat and cryptocurrency worlds. But as we look at it, for one to succeed, the other has to fail. Moreover, if cryptos win, the central banks are rendered useless. I feel that a usecase for the blockchain technology can be made for the banking sector. It will require complete overhaul of our current systems but it can be managed. Moreover, it will also document everything in its ecosystem. This is a huge plus for countries with corruption and money laundering issues.

In my opinion, l everaging blockchain can solve a lot of issues for the banking industry and a move towards it is very doable. My reason for this optimism is India's recent removal of notes from its system. As one-seventh of world's population worked towards arguablly the  biggest fiat disruption of my lifetime, blockchain based fiat is possible.

Taking the discussion further, I am not asking for creation of a new token. I asking that the whole thing is built from the ground up with the ability to introduce applications that merge with the blockchain. A lot of things will need to be kept in mind.

For instance, the money supply cannot be held constant or it cannot increase on a routine basis. The central banking authority will need measures for monetary policy measures. On a similar note, lets take a look at how banks work. They use the money over and over again. The current crypto world is not answering this.

And things have to be rethought in light of the system. While transactions are straightforward on the blockchain, banking system does not work like that. I am no banker, but with the exception of simple intra-bank transactions, everything else requires numerous ledger entries to keep everything in check and balance.

This is just an idea that I have been mulling over and shared here for your point of view. I am not a coder (former Business Analyst in the development sector) but I am believer in the crytpocurrency revolution, hence my research on how money flows and how the banking sector.

I am not suggesting anything but want to discuss only. Thanks for your time and patience.

came here from Coinmarketcap so you can understand why. There is hardly any discussion going on for it and its movement is stupendous to say the least. Bad website and no usecases whatsoever. Crazy pump and dump scene

not to be questioning your every move..if you are planning another re-branding, can you reserve a translation for me


*just smile and move on. no hard feelings. i came here to promote but these guys *insert translation pepole* are the best. didnt see someone lash out at them in this threat so thought of giving it a go

For some odd reason I stumbled upon this thread and now for some very odd reason I am laughing at the reserved translations. I think it will be some time before I understand the reasoning for multiple translations of coins that never leave the platform.

the problem still persists

imho your best bet is localbitcoins

this is the new version of "first comment" trend we witnessed some years ago

i want to ask you that why are you using a weebly account for your website
it goes on to sat a lot about the project and the cheapskate the people behind it are
spend prudently but not like this

my apologies for getting off topic but this (and your previous posts on reserve translations) made me geniunely laugh.

while liquidity is the central problem it would answer, my question is whether the corresponding inflationary response would also be dealt with

I for one am raising my hand to contribute. Do we have a slack for XP? It will be convenient to get current supporters on the same page and start building from there

On a similar note, which exchange is good for trading?  I have read that Polo is having its issues. What are your views about yobit and bitfinex?

thanks Hueristic. Cant baghold  so keeping BTC right now. Its minute price changes is a blessing in itself. Still looking at XMR though. Its movement and suggestions from forum members is helping me on the whole shape of the game.

I think the price will rise again. I speculate this as although the price has come down, the volume traded has remained steady. And looking at the trends (some basic analysis) the price has fluctuated sideways and comes back up immediately after going down. My reason for saying all this is to ask you, whether I am thinking in the right direction. Noobs gotta ask.

it has come down a bit (lost around half of its peak value). if supports continue, i think it will remain here. they have a roadmap on their website and looks like they are adhering to it. lets see what happens. your predictions have already come through

Massive price drop and depending on volume traded, my guess is it is going further down (which everyone has already predicted). The buy orders come now or should the price be allowed to consolidate first.

Can you elaborate why you call it Money of the new Elite???

Great initiative. As for someone new, can you share greater light on your technical analysis. And if possible, send the noob in direction towards better TA. What I am asking is how can I learn TA for my self. I have tried youtube but the information is so scattered.

Thanks. I have been looking at these and trying to understand Monero price movements. My generalizations shows trends but then there are strong movements against it, which proves that my hypothesis is far from valid. I think I have to add more factors to it for better understanding. Do SMAs and EMAs help reveal trends?

please bear with me on this. if i look at the market trend, when the trade volume increases so does the price. am i just looking at it too narrowly?

moreover, i say this because on polo with a 6hr timeframe, the drop happened as trade volume significantly increased. but then looking at it on a longer timeframe of 24 hr, the volume was not that significant. as greater trade volume was observed, much in line with previous increases during the day, the price rose. i guess what i am asking is about price movement.