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Feb 19 2024 04:18pm
Quote (derpykitty @ Feb 8 2024 12:52am)
ooooooooh yikes....
https://nitter.unixfox.eu/thefuzzstone/status/1755211469786906737

Quote (thefuzzstone)
This is very interesting, and very scummy to all Monero users and merchants.

Binance will delist XMR from spot trading, but not a price manipulation tool. [see the screenshot]
https://i.ibb.co/1rtq4fP/Image.png
It will be very interesting to see how the market reacts, and whether the market will consider these numbers on Binance as the real price of XMR. I hope not.

Quote (Ryit)
Because they don’t have to have XMR to offer this. Actually, this is worse than delisting outright. It leaves the exchanges with leverage to manipulate the price without any underlying ownership.

Quote (Niylvah)
It should be illegal. @binance you fucking hoe's

guess was right being skeptical about them ever actually fully delist it in all of its forms..........:
Quote (derpykitty @ Jan 6 2024 05:36am)
when the delisting finally happen, if it ever does (am still skeptical if they ever will cause they love doing the whole price manipulation and imo aintnoway they'll give that up and will just keep the charade going with scary tags of "high volatility" (which you would agree is a complete lie after calling it a stablecoin)), like, if it does ever happen, there will finally be real price discovery

https://moneroj.net/metcalfeusd/
fun fact, price started diverging from metcalfe's law when binance started listing it else expected price would have been like $5k in 2022, price manipulation from cex doing it's thing tho ya know:
https://i.ibb.co/fDqJr6X/image.png

the fight against those centralized entities hijacking the cryptosphere continues :bouncy:

lmao, binance already starting to do some shady shit on that derivative thingy:



https://old.reddit.com/r/Monero/comments/1autwtf/binance_starting_to_mess_with_xmr_derivatives/

and 5 more hours before the official "delisting" (countdown: https://countingdownto.com/?c=5354050) and they yet again closing withdrawals again, staying true to their traditions like they always been doing:



anyways, in some other news, HavenoDEX is getting very close to release, a vote is currently happening for the council thingy part of it: https://haveno.exchange/blog/haveno-council-vote/
and Serai is also getting very close to release, can already do the techy thing to be a validator on testnet: https://old.reddit.com/r/Monero/comments/1amnrvk/serai_is_looking_for_testnet_validators/

decentralization all the way, fuck binance and all dem shady centralized entities hijacking the cryptospace
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Feb 20 2024 07:10pm
smh lol

"Fishy? Binance has delisted XMR but CoinMarketCap shows Binance trading over $15M worth in the last 24 hours. Screenshot taken at 2024-02-20 15:35 UTC time."
https://old.reddit.com/r/xmrtrader/comments/1avksr1/fishy_binance_has_delisted_xmr_but_coinmarketcap/


coinmarketcap is owned by binance

Quote (/u/fancyrolling)
Actually, looking at Binance's announcement it said
"we have decided to delist and cease trading on all trading pairs for the following token(s) at 2024-02-20 03:00 (UTC):". So it hasn't been a full 24 hours yet. I think we have another 12 hours to go. Still looks fishy with over $15M worth of XMR traded in less than 12 hours. Typical Coin Market Cap behavior in my opinion.

Quote (/u/fancyrolling)
As of 2024-20-02 19:29 UTC time, according to coin market cap, the USDT price of XMR on Binance is $118.69 while they report Kraken USDT price at $124.72. This make sense since the last price on Binance was probably $118.69 and hours later XMR has gone up to trade around $124.72. What is fishy still is the CMC reported volume of XMR/USDT on Binance, it should be dropping but it's staying the same.

Quote (/u/fancyrolling)
They deleted the XMR/BTC pair. Now only XMR/USDT remains on coinmarketcap.

Quote (/u/fancyrolling)
As of 21:00 UTC time, CMC is showing XMR/USDT on binance with 24H volume of $11,364,023 updated recently and XMR/BTC on binanance with 24H volume of $4,495,022 updated recently. Once again, those 2 reported volumes should be going down but they are not.

Quote (/u/fancyrolling)
As of 23:33 UTC time 2024-02-20, CMC has removed Binance XMR/BTC but is still showing XMR/USDT updated recently with $11,361,719 of volume. It could be that the volume window is not updating or it could be that Binance faked trading volume or both.

also, withrdrawals yet again disabled :bonk:


This post was edited by derpykitty on Feb 20 2024 07:14pm
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Apr 26 2024 10:29am
A message from Melatonina

https://alephiumgazette.com/the-impact-of-asics-on-pow-chains-like-alephium?showSharer=true

"end of the myth for XMR maxis

This post was edited by Bazi on Apr 26 2024 10:29am
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