May sound repetitious, but I really feel that Monero is the Bitcoin of 2010.
I'll buy you a nice box of cigars if you're right.  Maybe some Siglo VI? To your taste? Siglo VI come in box of 25, so I think that is the best value I can hope for!  I'd say we need 1 XMR = $1,000, ok? |
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May sound repetitious, but I really feel that Monero is the Bitcoin of 2010.
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I hope it's appropriate to post this question here:
Is anyone here interested in any type of XMR/USD trades?
I am about to start selling Monero for EUR. Since USD can be converted to EUR, yes possibly. Markup applies. Please contact. Yes, I also buy moneros, that is my main business |
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Don't the lower high's worry you then?
Well I am in general the type of person that honestly does not care how much things are valued in $hitpaper. Proudly. Ever since 2006. |
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Gold mining also raised socialist-warmonger ambitions: it was forbidden in the U.S. during WWII, because it was seen as waste of resources. (I would have argued that the war was the waste of resources, not gold mining, but nobody asked my opinion..)
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Since the speculation thread is closed, can we discuss some of it here?
Oh no. Perhaps you can, but only quality comments please. Haha oke! It was not my intention to troll here :p But on topic: strong resistance @ 0.004 zone, need to break that first. I think we will see some panic buying if we break that zone. EDIT: Aminorex also said that 0.004 was a potential buy zone, because if it would reach there the cup and handle formation would be complete I was also prophetic saying that 0.002-0.004 was the premier buy zone. I think this was in May I said it, correct me if I'm wrong! |
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for all my former subs, what do u see here? answer: a series of L translated cycles:  If it cracks that triple bottom at around 18.5... Yeah. All I see is a tremendous support. Silver is not a stock. It does not go to zero. |
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half of all supply mined within a year.. seriously?
It is 39.4%. Compares favorably to to the bulk of the alts, though. Questions for you: 1) Do you consider the emission curve of XMR to be preferable to the one chosen by BBR 2) do you consider the 60s block time to be optimal, or would you preferred it to have been changed?
I think that neither the emission curve nor the block time is optimal (my expertise is much better in the emission curve though). The Monero devs inherited them from TFT, and changing them now would require a near-unanimous support from the community. I think rpietila has posted the most exact emissions charts. I tried to link them but couldn't find it. Perhaps he can help.
Here |
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Since the speculation thread is closed, can we discuss some of it here?
Oh no. Perhaps you can, but only quality comments please. |
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No one seems to cares what other coins are adding because XMR can do it in the future so it wins by default is what seems to be happening now
+1. Exactly. |
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rpietila, do you have any charts for total volume across all exchanges?
A bearish sign I just noticed yesterday, while switching tabs on bitcoinity and checking volume across several exchanges is that the volume is terrible compared to last year.
On some exchanges we are even lower than pre-november bubble.
This might be because volume is more spread out across all exchanges and this is what I would like to know if that's the case.
From Bitcoincharts.com, you can download all the data you need for making the comparison volume charts. I have some for my own use, and they confirm that volume is quite low now. I would attribute some of it to the increased OTC trading. Also people who hold BTC are satisfied with their holdings, the reason to shuffle them would come with increased prices but not before. |
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At given prices (~0.0035) approximately 21000 BTC or at given dollar prices 10 Million $ have to be invested in xmr over the next 12 months to keep the price stable.
Oh you of little math & logic! What you are saying, essentially, is that in the course of 12 months, Monero the currency, can only accommodate new buyers by $10 million without the price increasing, potentially a lot. The inflation has been decreasing from the day 1, the adoption has been increasing, and the price is roughly 15 times higher than in the inception, and about 3 times higher than the Cryptonote Exchange era. |
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Well to be honest I read your threads and the main Monero thread way more than this one, I wouldn't mind if a moderator closed it.
Not sure, but I believe the OP has the right to lock a thread, also not self-moderated.. |
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Also, the trolls are so stupid and their arguments so weak that they are in fact helping our cause, I think.
Unfortunately, the sane people typically don't want to read stuff with a low signal-to-noise ratio, so this is the reason the trolls should be deleted. It hinders adoption. |
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Perhaps a self-moderated topic is the way to go next time.
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Do you also account for half a year of fresh coins added at this price level with lower production costs, or the fact that the price has increased 30-fold in 20 months.
Have you considered the possibility of another "nuclear winter" like the one from 2012 after the first popular bubble?
Shitcoins do not trouble me the least. If gold was prone to be replaced by shit, it would already have happened in 5 millennia. I don't see the possibility of Bitcoin's next growth spurt delaying by more than a year, unless something catastrophic happens to the world at large (USA going full retard, shutting down Internet, etc.). - The 2011 bubble saw Bitcoin price increasing 6,400 times in a year. It is understandable that there was a lengthy period of digesting the gains. - The 2013 bubble saw the price increasing 620 times in 2 years. It is unlikely that the digestion will be as severe. |
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I am a large owner of Bitcoin since 2011 (and married since 2003 since that was of importance to the OP  ) I have bought 1%+ of the monero emitted so far, in my campaign that I told in advance. The reason for buying Monero and not any other altcoin, before of after, is outlined in the Altcoin observer thread. The two basic qualifiers for me to buy into a coin are: - being the first to introduce a technical feature not implementable in Bitcoin; - fair launch and reasonable emission schedule. These are, in my understanding, the fundamentals that make it possible for a coin to stand the test of time, because out of these only grow the market niche, the community of reasonable people, and the adoption. |
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If I had a medium sized investment portfolio (I do), I would allocate as follows:
Bitcoin 45%
Monero 5%
So... not 95%? Damn... Maybe I'm being too risky. Then again, I do like to live dangerously vicariously  If I had a small portfolio, I would invest 50% in bitcoin, 50% in monero. |
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Reversion to the trendline:
Once the bubble comes, it will be the more ferocious, the longer we've had to wait for it.
Price is only the market's gauge of the underlying economy. Bitcoin economy, including also the prospective investors in the pipeline, is now in 2-5 times better shape than in last December. Yet price is halved. Do your math.
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Bitcoin's price development since 2009-1-3 (the inception) correlates 0.935 with an exponential trendline.
If I had a medium sized investment portfolio (I do), I would allocate as follows:
Bitcoin 45%
Monero 5%
Real Estate 20%
Small Business & Projects 10%
Cash, financial instruments 10%
Gold 5%
Silver 5%.
If you don't want to invest 50% in crypto, just invest 5-10% and it will become 50% spontaneously in 1 year, should the trend continue.
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