MoneroV Hardfork This Week - My Views & Strategy by bunnychum

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monero · @bunnychum · Apr 26 '18 (edited)

$161.17

MoneroV Hardfork This Week - My Views & Strategy

https://steemitimages.com/DQme13TbhY85JePWkoctmcGNN7W2D1nHXM3FrqVEBS5w8VN/image.png

Monero has been a top privacy coin from past couple of years. Majorly used in a transaction method on the dark web or Tor browser. When it comes to privacy and anonymity Monero is one of the safest bet for most of the users.

We have seen many hard forks in past 12 months including the king "Bitcoin".  This is the time for Monero hard fork and according to official announcements MoneroV will be introduced to us.

<center><h3>What is MoneroV?</h3></center>
MoneroV carries the exact same features of Monero in almost every aspect. MoneroV will be launched with the ticker XMV from XMR (Monero). The only difference I could find in Monero & MoneroV that XMV will be the total coin supply. 

Monero is not limited to maximum coin supply which makes it unlimited but with this hard fork MoneroV is getting introduced with total coin supply of 256 Million XMV. Other than this both are very much similar to each other, at least for now.

<center><h3>MoneroV Hard Fork Details</h3></center>
https://steemitimages.com/DQmZFCHj5y25L36Fu1REfEj3ZUPwhcFEC6H2sxKbm3juFme/image.png
MoneroV Hard fork is going to occur on April 30th, 2018 in about 7 Days at block number <b>1,564,965</b>. This time Monero owners will be getting MoneroV on 1:10 ratio. Which means if hold 1 Monero (XMR) you will be rewarded with 10 MoneroV (XMV).

<center><h3>My Views</h3></center>
Since, this time one of the top Privacy coins is getting hard fork which will produce another privacy coin. This is something I am not able to digest just because Monero Team is already quite active. Recently we have seen a fork in Monero for Algorithm upgrade to battle against ASICs. Monero Team, in my opinion, is working pretty hard to keep it GPU friendly for true decentralization.

MoneroV is not going to make much difference, I believe because when it comes to privacy we already have few coins that are performing very good. Introducing another privacy coin with same exact features is not something, I am excited about.

<center><h3>My Strategy</h3></center>
Monero is showing positive signs in the market, which usually happens with every coin when there's a hard fork. Traders try to claim new coins out of it. This time since I am not interested in MoneroV my strategy will be to place buy orders and exit couple of hours before hardfork.

If someone is interested in claiming their MoneroV. I highly suggest to move your Monero (XMR) from the exchanges and keep it them in your wallet. After the screenshot of MoneroV claim your coins after withdrawing all of your XMR from holding wallet before using the private key, just to be safe.

Please share your thoughts on MoneroV hard fork in the comment section below.

<sub>Disclaimer: I am not a financial advisor, everything I've mentioned above is my own opinion and should not be considered as financial advice. I encourage everyone to do their own research before investing in any cryptocurrency.</sub>
<center>https://steemitimages.com/DQmUA2BwcqfcZmNs86zCb4LomSY4vPe9NGEVR1EAFFFKGQX/New-Signature_White.gif
<i>Join us on Discord: https://discord.me/SteemBulls</i></center>

👍 smartsteem, postpromoter, promobot, appreciator, newhope, cron, booster, byresteem, arunava, bunnychum, amitsharma, bodzila, qurator-tier-1-2, honeychum, ownyoo, arcange, agoric.systems, jduarte, hottopic, jimjam1210, irinatsvetkovva, cifer, igel2017, tezzmax, frontrunner, joeyarnoldvn, opinizeunltd, ant884, forever-gala, soccernews, pkalra, name-sake-name, stevennoppebrian, silasdavid, bullsvsbears, raphaelle, pickled, raure, afukichi, sh13, jossu666, green77, dali.soh, nbp.managerhr, fxpandit, caruchirsingla, evlachsblog, information7, alageraldine, qadavi, adam.tran, bitcointip, fabbyd, gangresteem, tuanis, elpaez, pavee, techaddict, despo, minzir123, odl, audi-photography, tech-coin, srjamp, and 134 others

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@adam.tran · Apr 24 '18

$0.02

I have learnt something new from your post, especially about monero and hardfork in general. Thank you @bunnychum!

👍 bunnychum

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@bunnychum · Apr 24 '18

@adam.tran thank you

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@alageraldine · Apr 24 '18

buena información

👍 bunnychum

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@andhovesyan · Apr 25 '18 (edited)

$0.40

Shouldn't this hard fork happen a couple of months ago? :)
Anyway, I'm going to short XMR from 30th of April...

👍 andhovesyan

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@bunnychum · Apr 25 '18

@andhovesyan it was postponed to 30 April

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@anealireki · Apr 24 '18

Very good application for checking cryptocurrency and receive notifications https://icoincourse.com/
Telegram support: @icoincourse (https://t.me/icoincourse)![DQmViNu6KhpvsSYaAw6uAi9knuwcVwRKhapLXSqpDaUJDba_1680x8400.png](https://steemitimages.com/DQmPDNn45FY47VZMjqThPtwt1aor5xTUw1Th8z6Kjyj6pDi/DQmViNu6KhpvsSYaAw6uAi9knuwcVwRKhapLXSqpDaUJDba_1680x8400.png)

👍 bunnychum

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@babarakas43 · Apr 25 '18

How many hardforks has #Monero had? I seen like 2 other coins with the #Monero name on #CMC

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@bodzila · Apr 24 '18

re-bunnychum-monerov-hardfork-this-week-my-views-and-strategy-20180424t094808719z

Hey @bunnychum, Congratulations !!! We just upvoted your post with 33.33% power. Keep up the good work. Join our discord channel https://discord.me/SteemBulls

👍 bunnychum

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@booster · Apr 24 '18

<p>This post has received a 2.56 % upvote from @booster thanks to: @bunnychum.</p>

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@btcturk · Apr 24 '18

$0.04

monero will continue to move up

👍 bunnychum, btcturk

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@bunnychum · Apr 24 '18

I do believe so too @btcturk

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@fxpandit · Apr 24 '18

$0.02

That is a really great news. Awesome thanks for giving such information. Could you please mention that which exchanges are going to support for coming hard fork?

👍 bunnychum

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@bunnychum · Apr 24 '18 (edited)

@fxpandit I think kucoin & binance should support this fork but there are no announcements that I know of. Best way to claim your coins is from xmr wallet's private key.

👍 fxpandit

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@fxpandit · May 6 '18 (edited)

But there was an announcement from hitbtc. I kept my fund in hitbtc ac and waiting for xmv which must give by hitbtc.

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@graygorre · Apr 24 '18

woah..

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@graygorre · Apr 24 '18

check this out guys... https://steemit.com/ico/@graygorre/eo-trade-ico-token-crowdsale-info

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@honeychum · Apr 24 '18

$0.04

Valuable information buddy ! Thanks for sharing :)

👍 bunnychum

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@bunnychum · Apr 24 '18

$0.26

thank you @honeychum

👍 bunnychum

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@information7 · Apr 24 '18

$0.04

Thank You from Ur Information about MoneroV Hard fork

👍 bunnychum

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@bunnychum · Apr 24 '18

$0.25

thank you @information7, I really appreciate your comment. :)

👍 bunnychum

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@jeniferlinkon · Apr 24 '18

$0.02

i agree with you

👍 bunnychum

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@bunnychum · Apr 24 '18

@jeniferlinkon thank you :)

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@joeyarnoldvn · Apr 25 '18

$0.05

I have yet to try Monero but maybe should. Upvoted. I do have Bitcoin. Very interesting. love the Bugs Bunny avatar. I'm Oatmeal.

👍 bunnychum

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@bunnychum · Apr 25 '18

Thank you @joeyarnoldvn

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@joyart · Apr 24 '18

$0.02

Thanks so much for sharing this

👍 bunnychum

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@bunnychum · Apr 24 '18

$0.26

@joyart you're very welcome :)

👍 bunnychum

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@kickup008 · Apr 24 '18

$0.02

great helpful post. thanks for @bunnychum

👍 bunnychum

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bunnychum	0 B		3,385,496,166	7%

@bunnychum · Apr 24 '18

$0.26

thanks @kickup008 :)

👍 bunnychum

properties (23)vote details (1)

@kickup008 · Apr 24 '18

wellcome @bunnychum

properties (22)

@postpromoter · Apr 24 '18

re-bunnychum-monerov-hardfork-this-week-my-views-and-strategy-20180424t100524228z

You got a 4.19% upvote from @postpromoter courtesy of @bunnychum!

Want to promote your posts too? Check out the [Steem Bot Tracker website](https://steembottracker.com) for more info. If you would like to support the development of @postpromoter and the bot tracker please [vote for @yabapmatt for witness!](https://v2.steemconnect.com/sign/account-witness-vote?witness=yabapmatt&approve=1)

properties (22)

@pritam20 · Apr 24 '18

$1.29

Every time after hardfork is done price of that coin goes down drastically which turn into loss 
So i always ignore hardfork

👍 booster, pritam20, bunnychum

properties (23)vote details (3)

@booster · Apr 25 '18

<p>This comment has received a 0.27 % upvote from @booster thanks to: @pritam20.</p>

properties (22)

@bunnychum · Apr 24 '18

@pritam20 I don't always ignore hard forks but this time I am not interested.

properties (22)

@crypto3em3 · Apr 25 '18

good tips! Thanks

properties (22)

@satoshipapi · Apr 29 '18

top #moneromining  site that is user friendly > https://goo.gl/dT5auq

👍 satoshipapi

properties (23)vote details (1)

@tipu77 · Apr 24 '18

$0.04

very helpfull post i joinig this discord

👍 bunnychum, tipu77

properties (23)vote details (2)

@bunnychum · Apr 24 '18

you are very welcome @tipu77, we have a very friendly community on discord focused on cumulative growth.

properties (22)

@transparencybot · Apr 24 '18 (edited)

<h3>This post, with over $50.00 in bidbot payouts, has received votes from the following:</h3>

smartsteem payout in the amount of $32 STU, $56 USD.
postpromoter payout in the amount of $26 STU, $46 USD.
promobot payout in the amount of $20 STU, $36 USD.
appreciator payout in the amount of $19 STU, $33 USD.
booster payout in the amount of $6 STU, $10 USD.
byresteem payout in the amount of $1 STU, $2 USD.

**For a total calculated bidbot upvote value of $104 STU, $183 USD before curation, with approx. $26 USD curation being earned by the bidbots.**

This information is being presented in the interest of transparency on our platform @bunnychum **and is by no means a judgement of your work.**

properties (22)

@tts · Apr 24 '18

To listen to the audio version of this article click on the play image.
[![](https://s18.postimg.org/51o0kpijd/play200x46.png)](http://ec2-52-72-169-104.compute-1.amazonaws.com/bunnychum__monerov-hardfork-this-week-my-views-and-strategy.mp3)
Brought to you by [@tts](https://steemit.com/tts/@tts/introduction). If you find it useful please consider upvote this reply.

properties (22)

@tulhachouhdry · Apr 24 '18

$0.05

Thats a very good suggestion by you @bunnychum
You are guiding people and rest is on people, you did what you thought what is right to do. Good one

👍 bunnychum, tulhachouhdry

properties (23)vote details (2)

@bunnychum · Apr 24 '18

thank you @tulhachouhdry

properties (22)

@tulhachouhdry · Apr 24 '18

You welcome

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