snitchy_asc

joined 2 years ago
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3
Monero haves it's merchant acceptance exploding since january 2023 (moneroj.net)
 

In a percentage increase

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Monero haves it's merchant acceptance exploding since january 2023 (moneroj.net)
Binance is over leveraging on their perpetuals volume (160% vol. of the market) in c/monero@monero.town
[–] snitchy_asc@monero.im 3 points 1 year ago

It was more to point out that speculators are more trading paper monero, than getting it in spot to withdraw it But yes we still have their perps after delisting they wants to censor buying it

Hidden-volume in c/monero@monero.town
[–] snitchy_asc@monero.im 3 points 1 year ago

I mean, all theses swaps going on "non-custodial" exchanges, their volume are not tracked. they probably represents a lot of transactions involved in circular economies. 600k tx in February while theres less volume isnt make sense

Hidden-volume in c/monero@monero.town
[–] snitchy_asc@monero.im 2 points 1 year ago

It was a personal opinion to add, I have no problem with people downvoting 😁

Hidden-volume in c/monero@monero.town
[–] snitchy_asc@monero.im 2 points 1 year ago (3 children)

For people downvoting, have fun keeping paper monero exchanges deciding of the price, because the actual volume isn't shown. (My own opinion on that topic)

4
Hidden-volume (monero.im)
submitted 1 year ago* (last edited 1 year ago) by snitchy_asc@monero.im to c/monero@monero.town
8 comments fedilink
 

By looking on coingecko, you can notice a volume declining over the years and I might identified the issue, that could be seen as an iceberg.

Visible level : Spot/Perp/DEX prices

Deep level (not tracked) : crypto-swap exchange, localmonero or atomicswaps

Theres a looot of volume not tracked in the deep level, since a monero user is most likely using these ways (just look the last bad new it was a "nokyc" swap)

How this can be solved ?

Binance is over leveraging on their perpetuals volume (160% vol. of the market) in c/monero@monero.town
[–] snitchy_asc@monero.im 0 points 1 year ago (1 children)

Bisq only if you want to affect the price, sadly localmonero prices are not tracked by Coinmarketcap or coingecko and I think it should but idk how

PrimeXBT will delist XMR on February 20, 2024 in c/monero@monero.town
[–] snitchy_asc@monero.im 3 points 1 year ago

It haves no effect because primexbt is not allowing XMR deposits/withdrawals or spot markets. Just a leverage platform

Binance is over leveraging on their perpetuals volume (160% vol. of the market) in c/monero@monero.town
[–] snitchy_asc@monero.im 7 points 1 year ago

It's not respecting their cryptocurrency standards because it's nor a rugpull or a meme coin :(

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Binance is over leveraging on their perpetuals volume (160% vol. of the market) (monero.im)
submitted 1 year ago* (last edited 1 year ago) by snitchy_asc@monero.im to c/monero@monero.town
9 comments fedilink
 

Binance is doing leverage ? Or speculators leveraged the bounce on Binance (still not really delisted until the 20 Feb). These people (if they can be reached) should more be advised to trade in spot, on places where they can actually withdraw funds to use them.

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[News] Vastaamo Monero funds traced due to OPSEC lacks, not because of Monero flaws (monero.im)
 

Some informations missing to people when reading the Vastaamo hack:

  • The hacker leaked it's identity (source)
  • Then the identity leak were used to find it's crypto-accounts such as binance, where he deposited amounts correlating with the investigations (source)
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[Tutorial] [Swap] AtomicSwap Bitcoin to Monero - monero.im (monero.im)
 

(Crosspost)

Monero price tracking question in c/monero@monero.town
[–] snitchy_asc@monero.im 2 points 1 year ago

Coingecko is doing it, not coinmarketcap

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How to add incentive for a KYC'ed-CEX exode with Monero ? (monero.im)
submitted 1 year ago* (last edited 1 year ago) by snitchy_asc@monero.im to c/monero@monero.town
0 comments fedilink
 

Theres a lot of spot-markets like tradeogre who popped out of nowhere, it should be used as an advantage to give more usage to Monero.

  • Trade a crypto anonymously for speculators:

Buy XMR, withdraw to a wallet, deposit & sell for your crypto.

A quick list of known exchanges:

These are CENTRALIZED & CUSTODIAL EXCHANGES. I vouch nothing Sure the day serai haveno comes out, it'll be a priority to them.

4
Monero price tracking question (monero.im)
 

Following delistings, Monero will need to also decentralize it's price tracking. How can the monero price can be known in a decentralized way ? Like aggregating DEX prices in a oracle ? Or fetching directly DEX public peers ?

List of monero related forums/networks in c/monero@monero.town
[–] snitchy_asc@monero.im 1 points 1 year ago

Added, do you know if theres hyperlinks on matrix ? (just to make it better on the post)

[Bounty] Bot idea for micro-blogging platforms: freeze interactions on-chain in c/monero@monero.town
[–] snitchy_asc@monero.im 1 points 1 year ago

I added an edit but with an other account, thanks for showing interest !

List of monero related forums/networks in c/monero@monero.town
[–] snitchy_asc@monero.im 1 points 1 year ago

Thanks, i'll add a matrix category

List of monero related forums/networks in c/monero@monero.town
[–] snitchy_asc@monero.im 2 points 1 year ago

Yes the directory is very old, I added new things but forgot to remove discontinued sites (going to do)

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List of monero related forums/networks (monero.im)
submitted 1 year ago* (last edited 1 year ago) by snitchy_asc@monero.im to c/monero@monero.town
6 comments fedilink
 

Feel free to advise anything

2
You guys know Helium network ? (monero.im)
 

Yes I know that's a crypto unrelated to Monero, but their idea can inspire a way to host and sell LoRa access in Monero, with a peer-to-peer layer or something like that 🤔

That would be a great standard, for a primal NoKYC and parallel access to the internet, just put Tor on the top ect..

Toughts on this ?

2
[Bounty] Bot idea for micro-blogging platforms: freeze interactions on-chain (monero.im)
submitted 1 year ago* (last edited 1 year ago) by snitchy_asc@monero.im to c/monero@monero.town
8 comments fedilink
 

I was thinking about that because stable-coins can be freezed and we see that everyday.

What if we have a bot tracking all freeze interactions ? By posting:

XXX (amount) $XXX (ticker) should have gone trough #Monero $XMR.

Learn more at getmonero.org

(Edit: I posted a bounty, if someone wants to do it here)

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The free market is actually ditching GRIN, DASH & ZCash for Monero (moneroj.net)
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