Monero $XMR roadmap and project status - and why is trading volume so low across markets?

in #bitcoin7 years ago (edited)

As outlined by Reddit user AsianHouseShrew on a post on /r/xmrtrader, there currently is a lot to be bullish about Monero. We have seen decreasing volume on poloniex in the last week (under 10% of all trading volume), with the top markets currently being HitBTC (39,5%) and Bithumb (24,2%). But why is the trading volume decreasing?
One possible answer might be the availability of localmonero, but the more reasonable explaination might be, that Bitcoin is simply too volatile, and people want to keep their Monero rather than trading it around.

Here is an overview of the current status of Monero - as well as a commented overview on side-projects and other important milestones to come:

Adaptation and acceptance

Technical developments

AsianHouseShrew post on /r/xmrtrader points to a few other interesting examples, most notably that the FBI is not able to determine the amount of Moneroj in circulation (on the example of Alphabay). Another good source for Monero-related information is the Monero Observer, which has additional projects and community-based projects listed.

All in all, HODL or BUY, as there are big things to come in the coming weeks.

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