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Title: Dont be fooled by Monero's low price Post by: GTO911 on March 05, 2015, 07:30:40 AM Dont be fooled by the current Monero prices.
The Monero project has a much higher rate of emission than any coin out there. The currency is set to emit 80% of supply in 4 years straight! That is 80% coins mined in just 4 years. This is a very high rate of inflation, but for how long? See yourself - https://i.imgur.com/jSu2EQU.png The price is surprisingly stable with so much of new coins coming into the market. That means lots of people are hodl on this project. Soon as the supply dries up, Monero will be the only currency shooting up like lightning with no corrections in sight. Created this thread to educate people who are thinking the wrong way. Take your positions, the time is running out Title: Re: Dont be fooled by Monero's low price Post by: mrkavasaki on March 05, 2015, 09:00:54 AM :)
Title: Re: Dont be fooled by Monero's low price Post by: GTO911 on March 05, 2015, 09:01:54 AM dont invest in this crap!!! Yea, listen to this guy, he knows whats best for you Fuck it!! I dumped all my Bitcoins at $331. Now it is almost $334 >:( Go pump and dump bitcoin. This project is not for the average Title: Re: Dont be fooled by Monero's low price Post by: Hachoir on March 05, 2015, 09:48:54 AM No we don't think the wrong way because we don't care about this and we don't need education either.
Title: Re: Dont be fooled by Monero's low price Post by: Foerster on March 05, 2015, 09:53:18 AM What percentage of Monero is already mined at this moment?
Title: Re: Dont be fooled by Monero's low price Post by: GTO911 on March 05, 2015, 09:53:40 AM No we don't think the wrong way because we don't care about this and we don't need education either. This thread was not intended for noobs like you Title: Re: Dont be fooled by Monero's low price Post by: GTO911 on March 05, 2015, 09:55:51 AM What percentage of Monero is already mined at this moment? 36 Title: Re: Dont be fooled by Monero's low price Post by: thebenjamincode on March 05, 2015, 10:04:01 AM What percentage of Monero is already mined at this moment? 36 what is the most effective way to mine monero? i only get 200 h / s with my core i7 and also 200 h / s for my GTX 970 i am mining at a loss please help me Title: Re: Dont be fooled by Monero's low price Post by: onemorexmr on March 05, 2015, 10:05:14 AM No we don't think the wrong way because we don't care about this and we don't need education either. This thread was not intended for noobs like you the problem is that the hole altcoin-land is so used to scam-/shitcoins that they dont even know how to rate a coin anymore (eg proof of honor award? WTF!). thats not science. just scammy groups deceiving people. monero is a real coin, with real devs and real cyptographers: a real cryptocurrency. but... we need people to buy xmr when it raises... so i'll just wait until the majority realizes their mistake ;) Title: Re: Dont be fooled by Monero's low price Post by: GTO911 on March 05, 2015, 10:15:47 AM what is the most effective way to mine monero? i only get 200 h / s with my core i7 and also 200 h / s for my GTX 970 i am mining at a loss please help me You are not mining at a loss - CPU + GPU mining (about 1:1 performance for now). Memory-bound by design using AES encryption and several SHA-3 candidates Monero at the time is ASIC resistant Title: Re: Dont be fooled by Monero's low price Post by: pandher on March 05, 2015, 10:20:40 AM the problem is that the hole altcoin-land is so used to scam-/shitcoins that they dont even know how to rate a coin anymore (eg proof of honor award? WTF!). thats not science. just scammy groups deceiving people. monero is a real coin, with real devs and real cyptographers: a real cryptocurrency. but... we need people to buy xmr when it raises... so i'll just wait until the majority realizes their mistake ;) Unfortunately, the forum is now infested with more kids trying to mine the 'internet money' than actual p2p enthusiasts Title: Re: Dont be fooled by Monero's low price Post by: thebenjamincode on March 05, 2015, 03:02:28 PM what is the most effective way to mine monero? i only get 200 h / s with my core i7 and also 200 h / s for my GTX 970 i am mining at a loss please help me You are not mining at a loss - CPU + GPU mining (about 1:1 performance for now). Memory-bound by design using AES encryption and several SHA-3 candidates Monero at the time is ASIC resistant how is it not a loss? i only get estimated .025 monero an hour!! Title: Re: Dont be fooled by Monero's low price Post by: GTO911 on March 05, 2015, 05:53:10 PM how is it not a loss? i only get estimated .025 monero an hour!! I mean you are doing fine. Mining with a gpu wont make a difference, it will produce the same hashing power of that of a cpu. As i mentioned above, the ratio is 1:1 Title: Re: Dont be fooled by Monero's low price Post by: GTO911 on March 05, 2015, 06:09:44 PM Only big whales are pushing the price duh, the price has not even been pushed :D Did you just read the thread or post with eyes closed? The inflation is sky high. Anybody trying to push will end up burning himself. there was one 85 BTC sell of XMR this should tell you something Do you know sometimes people dump thousands of BTC in a single go. You seem to be a small time trader to me. This is not a crapcoin with an artificial economy. 3 days back someone dumped 100k moneros, and the market is back to where the price was then. The market is very liquid. Only the fools will lose on this obvious long term hodl Title: Re: Dont be fooled by Monero's low price Post by: smooth on March 08, 2015, 10:31:44 AM The Monero project has a much higher rate of emission than any coin out there. The currency is set to emit 80% of supply in 4 years straight! Higher than any coin is taking it too far. Many coins are much faster. For alts 80% in four years is pretty middle of the road imo. |
