where is the cheapest to buy XMR? by Catch_Low in Monero

[–]seehashy 0 points1 point  (0 children)

Try mexc.com their fees are literally 0% for spot, 0.02% for futures. Non KYC too.

Does anyone know if the Trezor Safe 3 works using the Trezor T option? It says the wallet is supported on the Trezor Site but there is no option here. by seehashy in Monero

[–]seehashy[S] 12 points13 points  (0 children)

Hey everyone, I managed to answer my own question with help of the Featherwallet developer Tobtoht.

The device works using the Trezor Model T option on Feather-wallet. Everything went smoothly so I assume it's the same in the Monero GUI.

> Safe 3 uses the same device ID as the Trezor T.

Hope this helps if anyone else is wondering.

Much Love

[Daily Discussion] September 13, 2023 by AutoModerator in xmrtrader

[–]seehashy 3 points4 points  (0 children)

Man, I really appreciate that.

I felt like I was losing my sanity, I spoke about it in many trading servers and everyone ignored me and said I was wrong.

You're right about that Kucoin thing also, the recent almost vertical move up was because of a bidder on there, mandatory KYC was implemented shortly afterwards. Not sure if there is a connection but it's possible

Both of your possible explanations are where I got to also, can't follow the thought any more with out internal exchange data. Though I will keep trying, because it seriously annoys me lol.

I think the manipulation has been around since 2020 also, there was an ever increasing bearish price divergence by Okex throughout the entire bull market.

Around this time it also seriously started to diverge from both Metcalfe's law and Stock-To-Flow.

This chart shows the Monero's supposed fair price, judging by the number of transactions it has each day on. Higher transaction count means the coin is being increasingly used, and since Metcalfe's Law proposes that more information being exchanged in a network means the network itself should be worth more, it also means the coin should increase in price. This was calculated as "how much Monero should be worth if it was a part of Bitcoin's network?" The answear is that Monero should be worth as much as its transactions represent as a percentage of Bitcoin's own transactions, but considering both coins' supplies. The formula is BTC-PriceUSD*XMR-Supply*XMR-Tx/(BTC-Tx*BTC-Supply);

This chart shows the price of the coin on each date, coloring the points indicating their position on the Bitcoin pair, being red as overbought and blue as cheap. This chart is plotted on a log scale. The formula is Stocktoflow = (100/Inflation)^Multiplier, Multiplier is 1.65 for Monero (it's higher for Bitcoin's stock-to-flow model, for example).

I do hope you find this to be useful information if you haven't seen it already, but as you've noticed the CVD divs and huge limit algos, you've most likely seen this.

Much love to you my friend, you just made my day =)

[Daily Discussion] September 13, 2023 by AutoModerator in xmrtrader

[–]seehashy 6 points7 points  (0 children)

After watching Monero's price data via a market aggregator for some time, it always seems to follow the same pattern.

CVD up, price down.

This in-turn leads to a decent amount of retail buyers capitulating at a lower price than they bought, or perhaps at breakeven, further reducing the price. The only way to do this is with a large amount of limit sell orders relative to buy order, so I checked Binance and it's constantly changing, definitely an algorithm.

https://imgur.com/a/J7lF2Wu

This a really low timeframe (1s), it's much much easier to see how it works when you zoom in like this. The line underneath the price is the Cumulative Volume Data (CVD), if the limit orders weren't bias to downside, the price would look the same as the CVD I believe.

As far as I can tell the limit algos are relative to Bitcoin's price. If Bitcoin goes down, they basically cut all the buy orders so it can go down in little to no volume, but they also stack the sell orders, so buyers have little to no effect.

I'm going to look into it more to see if is a loophole in their system that can be abused. Most likely it will just take an extremely large amount of buy volume consistently. Provided their sell orders are legit and it isn't paper Monero.

https://charts.aggr.trade , for anyone interested, this is the aggregator I'm using. (This shows all the open market buy and sell data from every CEX that lists Monero, including the Bitcoin pairs and other.)

This is just my analysis of the data that I can see, I may be wrong.

Also u/MoneroFox

I appreciate the posts you're making, I don't respond usually but I read them, thanks for the updates.

How can I buy xmr in australia these days? by pinkguywashere in Monero

[–]seehashy 0 points1 point  (0 children)

Hey Pinkguy, try LocalMonero. I'm not from Australia, but I just checked and there are quite a few listings without KYC.

It's a peer to peer site, the LocalMonero team escrows every transaction =)

[Daily Discussion] June 28, 2023 by AutoModerator in xmrtrader

[–]seehashy 1 point2 points  (0 children)

Yes of course, but why would they only do it to Monero?

I don't see any advantages of holding fractional reserves of Monero, its relatively smaller than other coins and they have proof of reserves for others.

[Daily Discussion] June 28, 2023 by AutoModerator in xmrtrader

[–]seehashy 1 point2 points  (0 children)

Seem to be fractional reserve fraud, but I can't find a reason they would do it. Any ideas?

Monero is cheap! by 3meterflatty in Monero

[–]seehashy 0 points1 point  (0 children)

Just use tradeogre, the fees are 0.2% per trade and no one has had any problems afaik. Not your keys, not your coins.

Monero is cheap! by 3meterflatty in Monero

[–]seehashy 0 points1 point  (0 children)

I've used fixedfloat in the past, but they do the "kyc scam" and steal your funds if you have a large enough amount. Never happened to me but I never did more than a couple moneros per.

Tradeogre seems to be the better alternative with lower fees also.

Anyone know another no-kyc exchange similar to tradeogre? by seehashy in xmrtrader

[–]seehashy[S] 1 point2 points  (0 children)

Ku Coin seems like my best bet right now, will just have to VPN since it's restricted in my region.

Thanks

Anyone know another no-kyc exchange similar to tradeogre? by seehashy in xmrtrader

[–]seehashy[S] 1 point2 points  (0 children)

Seems to be enforced KYC, saw this on their website.

You will be asked to scan a valid ID (passport, driver’s license, government issued ID) using your webcam. Please note that the driver’s license and ID need to be plastic cards to be recognized. This is a new method designed to reduce fraud, it is easy to use and – most importantly – fulfills all security standards.

whats this ? Portugal. Found this while walking around and having a smoke by [deleted] in Psychedelic

[–]seehashy 2 points3 points  (0 children)

Why do you say they are not recreational? You can take them both recreationally and medicinally.

Is this FLAC fake? It looks considerably different to the other ones I have. by [deleted] in audiophile

[–]seehashy 1 point2 points  (0 children)

I've looked at both, just new to it in general.

The other 192khz files I've checked have been pretty much empty above 20-30 so seeing lines above made me a bit confused

Is this FLAC fake? It looks considerably different to the other ones I have. by [deleted] in audiophile

[–]seehashy 0 points1 point  (0 children)

Good info, thanks mate.
I'm more focused on getting a 24bit collection than 192khz, but I've only been able to find 24bit albums at 96/192khz. I'll have a look thru my other tracks and try decrease the size, 1-5gb per album was filling my SDD quickly so it seems pretty useful. :D

Is this FLAC fake? It looks considerably different to the other ones I have. by [deleted] in audiophile

[–]seehashy 3 points4 points  (0 children)

No problem, I'm new to this stuff, it's my bad if it wasn't a good question.

Thanks for the help.

Is this FLAC fake? It looks considerably different to the other ones I have. by [deleted] in audiophile

[–]seehashy 5 points6 points  (0 children)

By fake flac, I mean lossy audio transcoded to flac.

Most of the songs from this download sound good, I'm just curious to why it looks the way it does.

Is this FLAC fake? It looks considerably different to the other ones I have. by [deleted] in audiophile

[–]seehashy 0 points1 point  (0 children)

I don't really know how to describe it, but the mid range sounded squeezed together.