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Jimbo after Bitcoin moons:
Man: Er, hi - I've come about the driving job?
Jimbo: Great! But first, see that vacuum cleaner? Let me see you use it.
might as well have one guy for both, eh?
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It struck me back then
That Bitcoin might be the way
To gain my freedom
For years I've hodled
Through bull runs and long winters
Now freedom seems near
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Hi guys, Typcroni44n shows up again, surprise, surprise... Returning pretty often for not wanting to be part of our boy's club, eh?  Well, the universe seems to put me on some tests before it might finally collapse on the 17th. Wifey drove home from work, but instead of joining her brother's birthday party, she got into a car accident.  74yo lady in front of her missed her turn and hit the brakes, honey bunny managed to stop about a foot behind her. So far so good, but the two ladies behind crashed my babe's car into the 74yo granny's volkswagen caddy. Hospital, x-ray, CAT scan. No cracks or dislocations, luckily, but severe spinal trauma. Now she's in serious pain, the safety belt left an impressive mark on her chest. She's in home care since today, so i'll be occasionally reading WO in the next few days or weeks, depending on how things develop. I hope we broke through the $14k when she's fine again and i'm back posting my usual nonsense. Drive carefully. Hope she recovers soon. |
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When we left in 1776 as a fuck you to Henry the 8th. yet we still follow Henry the 1 arms length. to this day.
Hm, Henry VIII, what did he do to you? Since Henry VIII died in 1547, it can't have been all that much. |
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How high do u guys think the price will go before end of year ? I guess 120 usd Ah... I will bite. Well we're pushing towards the $100 mark now - and given Monero seems to be rising against Bitcoin little by little, looks like we're along for the ride. Price in USD? (notwithstanding Bitebits comment about that pile of filthy fiat) well, if we end this year over $100, which looks likely and even conservative at this point in time... hmm. Bitcoin is hoping for 10x (or more) so I think four figures for XMR is not a crazy thought. I think EOY 2021 will be special - even if Monero just stays at the same rate against BTC, a thousand bucks is possible. And don't forget, in this four year cycle world... Monero IIRC went up by 2,600% four years ago. And in January 2018 in USD terms it was at over $500. I suggest it might be wise to ignore Ricardo's advice between now and the end of 2021. Little note: I credited Bitebits above, but I should also give a shout to cAPSLOCK for his fine posts both here and on the WO of late. Thanks Kurious. I am just excited because we are STILL in a gimongous binary bet. Both with BTC and with Monero... same dynamic. Monero is either already pretty much done and will not surge again, or it's greatest days value wise are still to come. It is starting to become so obviously the second one that it's just an exciting time. And I agree that, though the old saw, "don't hold, use" really is a meaningful one, and may end up the exact mechanism that XMR ends up coexisting with BTC we loons are ourselves taking a big risk by staking (not like that) some Monero, running nodes and keeping the network going in the face of risk (governments, hacks, etc). and our risk stands to pay off. Hopefully.  You're right and I was not entirely serious - I know what Fluffy meant. That's why I got in as soon as I could way back, when it was forking off and the name Monero was first mooted. I am excited too. Very. It's always been an amazing project and, like Bitcoin, was designed as money, but private - without an entirely visible blockchain, with no rich list. It's brilliant, beautiful and it works. Those who have manned the node barricades, used it as money and defended the fort by hodling through the toughest times have my respect and gratitude. I have tried to play my small part in buying the dips, market making and buying the dips again. Even though I was underwater until 2016 - I just kept on, it seemed it 'had' to work. One risk has been the pressure on exchanges from TPTB because Monero's secrecy was 'too good', something they might want to crush. That's been a concern and has wobbled some - and made it harder to keep the faith. We will deserve whatever benefit there is; it has not been easy, but we're still here and yes, our time is coming - privacy is too precious, everyone has good, legitimate reasons to want their financial dealings to be private. Even banks I have had a few coins over the years, but only two have truly mattered and are still things I trust. I hold a few bitcoins and 'an undisclosed amount' of one other, which is and always will be... private. |
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How high do u guys think the price will go before end of year ? I guess 120 usd Ah... I will bite. Well we're pushing towards the $100 mark now - and given Monero seems to be rising against Bitcoin little by little, looks like we're along for the ride. Price in USD? (notwithstanding Bitebits comment about that pile of filthy fiat) well, if we end this year over $100, which looks likely and even conservative at this point in time... hmm. Bitcoin is hoping for 10x (or more) so I think four figures for XMR is not a crazy thought. I think EOY 2021 will be special - even if Monero just stays at the same rate against BTC, a thousand bucks is possible. And don't forget, in this four year cycle world... Monero IIRC went up by 2,600% four years ago. And in January 2018 in USD terms it was at over $500. I suggest it might be wise to ignore Ricardo's advice between now and the end of 2021. Little note: I credited Bitebits above, but I should also give a shout to cAPSLOCK for his fine posts both here and on the WO of late. |
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we are prodding nicely. Look consecutive daily green closes. Seems we may be pushing into the previous (big) resistence level if we can keep this up.  I am feeling rather bullish. Signs are that Monero will do well in the coming bull market. Going up against BTC when BTC is doing its thing is just the perfect storm. We have been there before, it's not just hopium. Of course for Globb0, hopefully some of this rise will be in time for a certain special event. Be a nice pressie, eh? |
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Not only the market indicators seems to be bullish, also most people in the board are bullish... i hope the time for the bullrun has come and soon we‘ll see new ATH‘s  Stay positive! Greetings from the german board Herzlich willkommen Always nice to see new, positive posters here. |
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I trust no will object to a little positive (macro, rather than TA) comment.
The Dow, S&P and Nasdaq all fell today, even gold dipped under the psychological $1900 mark. Some are calling it 'turn around Thursday'.
Maybe the higher than expected new US unemployment figures and the virus looking pretty out of control are just taking a little steam out of things, but even the big tech stocks are looking iffy. And of course the dollar has been getting weaker, too - no surprise there.
On the other hand, there is Bitcoin, creeping up with a fair wind from a little positive US bank regulation-loosening news.
It's maybe early to say, but if Bitcoin keeps going the other way as it suddenly has been amid all this, if it is truly the holy grail of an uncorrelated safe haven asset in this shitstorm?
Then, gentlemen... things might get interesting.
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Damn that man didn’t bought enough corn Maybe less car and more corn is wise right now..? |
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You could always cross check this against "excess deaths" which are much higher this year that last or over the last 5/10 year averages. That's a lot harder to hide/fudge as you would have to go back into the past to fudge the numbers. And I doubt either Trump or Biden has a hot tub time machine. Yes, last I checked UK excess deaths were up as much as, and indeed more than, COVID-19 reported deaths. If Covid deaths were predominantly categorisation errors, then we shouldn't have observed this increase. A death in the UK is only a Covid death if the deceased tested positive for the disease - even if the death certificate states it was Covid-19. 1. Given the testing issues the UK had, it is considered by many (including the Office Of National Statistics) that deaths are under-counted, not exaggerated. 2. The apocryphal 'they put Covid on the death certificate' stories are not counted as official Covid deaths in the UK as it stands. You are quite right that excess deaths indicate strongly there must have been more deaths, this is a commonly used statistical measure - and it is hugely off confirming the 'official government' statistics. That said, in this time where social media or biased media are now the main sources of 'accepted truth', real truth is a rare commodity; claimed by many, actually spoken by few. |
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Staying positive, glad not to be stuck on a 6 number after a painful while  Hey Globb0 - price is looking much better. Monero is most definitely alive and kicking and nicely appreciating against Bitcoin as well as legacy currencies, while LTC (for instance) is looking rather sickly in comparison. Sweet. |
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Firstly, it's interesting that the US, per head of population (one node per million) actually has less than many European countries. Germany is 3 per million, Finland is 12 per million - even little Iceland has two nodes - one per 150,000 people.
Concentration in areas or cities is more interesting. In the USA California on its own has more nodes than most countries (56) - more than the whole of China or Russia - which is perhaps not surprising.
Lets not forget that you can have a node anywhere that servers are rented, I had one in one of the Slavs (forgot which one) because it filled in a gap. Also, don't forget that those maps does not show a realistic view of actual nodes out there. For example. None of my nodes is on this map or the map from xmr.to Yeah, I gathered it was not exactly realistic when I saw 180 nodes in a lake in Germany... |
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Top to bottom it's usually about 80 - 85%.
Was. Peaks follow the square root trend too (it's simply time-shifted). The math implies declining volatility. I have posted charts in the past to illustrate the declining volatility over time. If anybody's interested they're available by clicking on my profile. I am happy to be wrong on the decline, if the peak is indeed as stratospheric as you predict, but I will be very surprised if the law of gravity no longer applies. The path we are following is not so far off the path in the last cycle as far as I can see right now, I guess we will all see what transpires before too long though. |
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 I project a brief top between $150k and $200k around late 2021, followed by a grinding bear market reverting eventually to the base trend. What would the price be as we return to the base trend, post top? Hey mate - my usual 'historical' response.,.. Top to bottom it's usually about 80 - 85%. So: $150K top - $22.5K - $30K $200K top - $30K - $40K OTOH - who cares, if the top was that good? |
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Thanks for this… I just got lost in looking at node spread and finding the Monero network’s secret submarine centres. Firstly, it's interesting that the US, per head of population (one node per million) actually has less than many European countries. Germany is 3 per million, Finland is 12 per million - even little Iceland has two nodes - one per 150,000 people. Concentration in areas or cities is more interesting. In the USA California on its own has more nodes than most countries (56) - more than the whole of China or Russia - which is perhaps not surprising. There are a handful of cities which have huge amounts of nodes listed in one dot, but it's probably just geographically untraceable nodes lumped together. Kassel in Germany has a dot in the middle of a lake with 180 nodes, Paris has one in the middle of the Seine with 126 nodes, London has a 64 node dot in the Thames and Toronto has two dots, one of 83 nodes is in the middle of the harbour. Maybe all those boating accident stories have more than a grain of truth to them |
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