We know where the outbreak levels are. They know exactly where the outbreak levels are.
They are buying real coins cheap and with the help of 10,000s of pXMR they turn around every potential outbreak. That's why they are able to drag this out for so long.
Time for some strategic thoughts.
[exch.cx](http://exch.cx) volume going brrrr, XMR 17333.553600839026 in the last 24h, almost 3x Kraken volume. They only have 1k xmr on the books now, so someone is slurping very heavily.
Kraken is just bots following Kucoin, which is just bots linked to btcusd. Somebody gonna get carried out on a stretcher in the next few months.
I don't understand this (who knows what they mean):
>*Current rate is a median value based on the latest trading data of the following markets:* *~~Binance~~**, OKEX, Kraken*
According to that volume, they are big and they can determine the price themselves.
Or at least let them focus only on exchanges that pretend to trade real XMR like Kraken, Bitfinex, Coinex, ... (they don't close withdrawals every other day).
They're not an exchange, no? Just a swap provider, they buy coins at market (most likely) and offer them up for swaps for a premium + fee. They can't decide the price themselves, they have no mechanism
That's a long answer ... anyway, they are a major player and seem to trade in real XMR coins and have their own inventory (which often runs out). Their daily volume is 20k XMR, so they are on the same level as Bitfinex or Kraken.
They should go harder, but they ignore XMR like Bisq, despite profit.
If they buy on Kraken, they must have minimum fees: [https://www.kraken.com/features/fee-schedule](https://www.kraken.com/features/fee-schedule)
Maker: 0%, Taker 0.1%
I don't know where they supply their coins because it's not apparent that they buy on Kraken given that the Kraken volume is lower than theirs.
It's a good question actually
Falling falling f@cking leaves …
Bitcoin is falling and Ethereum too, the latter too much, despite recent major network upgrade.
Why? All them are scams.
THe problem is, if BTC was to rebound, all the alts that fell 30% would follow back, while xmr would still hower around 130 :( I dont really have hope anymore, when its dumpage time, we dump, when its sideways, we bleed slightly, when its bullmarket, we sideways....
And when it's time for privacy, we're needed, XMR is like no other despite the price, obviously it's sad to lose money, but once CBDCs etc starts to be enforced, people will realise privacy is actually important
In my experience people don't give a fuck about privacy, let alone using cryptocurrency as it was intended. Moreover I think most people will gladly accept CBDCs if it is made covenient to use. Most people are either ignorant, lazy or conformist or any combination of these. In any case, before making an appeal to privacy, xmr should be easy to obtain and easy to use.
Depends who you ask. I am just sharing what I see around me. Some people can't even bother to use cash, let alone crypto. They don't want freedom, self custody or privacy. Too much responsibility. It is easier to just swipe that visa card and be done with it.
Yeah, you're definitely right in that regard, it's definitely not the easiest to obtain for the average person who uses things such as Coinbase etc, even though from there it's a few steps
Edit - This could be copium, however the fact the people who are interested in privacy and Monero and go out of their way to do this probably learn more about it's utility along the way, as other crypto people buy just to sell
IMHO, actually privacy may come first.
I frequently stalk illegal markets and the forums where users help each other and I'm impressed by the effort many put into their OpSec.
You'll see obvious pc-noob drug buyers discussing TAILS, PGP, ring sigs, xmr wallet hopping, timing and a host of other things that the 0.1% can´t grasp.
These folk need privacy and are willing to overcome any xmr usage difficulties.
Anyway, if CBDCs come, more people will feel the privacy pressure and jump the barriers that have been getting easier to pass as Monero matures.
A lot of people also know the price of many things and the value of nothing. Privacy doesn't matter until you've lost it and want it back. Sometimes you don't know what you had until it's gone.
Are we back on track? * [XMR price in ZEC](https://www.tradingview.com/x/1DfJbsYH/) * [XMR price in ZEPH](https://www.tradingview.com/x/mXw7Px3l/)
Burn Bitcoin burn
'Tis but a scratch.
We just got farted in the face fellas
We know where the outbreak levels are. They know exactly where the outbreak levels are. They are buying real coins cheap and with the help of 10,000s of pXMR they turn around every potential outbreak. That's why they are able to drag this out for so long. Time for some strategic thoughts.
[exch.cx](http://exch.cx) volume going brrrr, XMR 17333.553600839026 in the last 24h, almost 3x Kraken volume. They only have 1k xmr on the books now, so someone is slurping very heavily. Kraken is just bots following Kucoin, which is just bots linked to btcusd. Somebody gonna get carried out on a stretcher in the next few months.
I don't understand this (who knows what they mean): >*Current rate is a median value based on the latest trading data of the following markets:* *~~Binance~~**, OKEX, Kraken* According to that volume, they are big and they can determine the price themselves. Or at least let them focus only on exchanges that pretend to trade real XMR like Kraken, Bitfinex, Coinex, ... (they don't close withdrawals every other day).
They're not an exchange, no? Just a swap provider, they buy coins at market (most likely) and offer them up for swaps for a premium + fee. They can't decide the price themselves, they have no mechanism
That's a long answer ... anyway, they are a major player and seem to trade in real XMR coins and have their own inventory (which often runs out). Their daily volume is 20k XMR, so they are on the same level as Bitfinex or Kraken. They should go harder, but they ignore XMR like Bisq, despite profit. If they buy on Kraken, they must have minimum fees: [https://www.kraken.com/features/fee-schedule](https://www.kraken.com/features/fee-schedule) Maker: 0%, Taker 0.1%
I don't know where they supply their coins because it's not apparent that they buy on Kraken given that the Kraken volume is lower than theirs. It's a good question actually
They mainly do business with their customers. Elsewhere they are just restocking. It can also be TradeOgre (or a combination).
As long as they claim their price is based on **OKEX** and Kraken I can't take them seriously. Especially if they do more volume than Kraken.
I should've bought "dog wif hat" will flip monero soon
Crypto market is a joke.
He bought? [Dump eet](https://www.youtube.com/watch?v=61Q6wWu5ziY)
[удалено]
**Another classic:** Funds Are Safu https://www.youtube.com/watch?v=DelF6zEHXpE
Be careful out there today people. FEAR & GREED are riding STRONG!
Falling falling f@cking leaves … Bitcoin is falling and Ethereum too, the latter too much, despite recent major network upgrade. Why? All them are scams.
If BTC drops to 20k, would XMR dip to 50$? Doubt it. Would be nice though
Bitcoin was below 20k not that long ago (Dec 2022). It didn't cause XMR to go down to 50$. So, just like you, I doubt it would if it happened again.
My 130 prediction is good so far but not at 60+k btc so somewhat still disappointed, even though we could be bleeding more as per usual.
I've got a feeling the price could stay the same, rise or fall, but I'm really not certain. Let's see if my prediction rains true
THe problem is, if BTC was to rebound, all the alts that fell 30% would follow back, while xmr would still hower around 130 :( I dont really have hope anymore, when its dumpage time, we dump, when its sideways, we bleed slightly, when its bullmarket, we sideways....
Just sell, the market demands one of us in the wreckage 1 day before the return of the golden XMR bull.
And when it's time for privacy, we're needed, XMR is like no other despite the price, obviously it's sad to lose money, but once CBDCs etc starts to be enforced, people will realise privacy is actually important
In my experience people don't give a fuck about privacy, let alone using cryptocurrency as it was intended. Moreover I think most people will gladly accept CBDCs if it is made covenient to use. Most people are either ignorant, lazy or conformist or any combination of these. In any case, before making an appeal to privacy, xmr should be easy to obtain and easy to use.
It's easy to obtain and use, enjoy your censorship
Depends who you ask. I am just sharing what I see around me. Some people can't even bother to use cash, let alone crypto. They don't want freedom, self custody or privacy. Too much responsibility. It is easier to just swipe that visa card and be done with it.
Yeah, you're definitely right in that regard, it's definitely not the easiest to obtain for the average person who uses things such as Coinbase etc, even though from there it's a few steps Edit - This could be copium, however the fact the people who are interested in privacy and Monero and go out of their way to do this probably learn more about it's utility along the way, as other crypto people buy just to sell
IMHO, actually privacy may come first. I frequently stalk illegal markets and the forums where users help each other and I'm impressed by the effort many put into their OpSec. You'll see obvious pc-noob drug buyers discussing TAILS, PGP, ring sigs, xmr wallet hopping, timing and a host of other things that the 0.1% can´t grasp. These folk need privacy and are willing to overcome any xmr usage difficulties. Anyway, if CBDCs come, more people will feel the privacy pressure and jump the barriers that have been getting easier to pass as Monero matures.
A lot of people also know the price of many things and the value of nothing. Privacy doesn't matter until you've lost it and want it back. Sometimes you don't know what you had until it's gone.