If BTC price heads south from 500, it means that the adoption has turned negative.

So not only all the initiatives that have been built this year with the funds generated by 2013 rallies, and the VC money, and the Wall Street initiatives, will turn out to be worth nothing, but also the internal growth in userbase that has averaged 0.6% per day since the start of 2010, will not only revert to zero, but also turn negative, with people who have used Bitcoin, ceasing the use and turning back to PayPal, en masse.

Sure. Believing in unicorns never made me rich in the first place.

I know that Easywallet-type of wallets are to be avoided, but for rapid adoption, they have played a part in BTC and could do that also with XMR.

Please quantify this advantage in terms of % of the eventual coin supply of 18.4 million.

Also, do you have grounds to believe that it was both intentional, and the devs or whoever did it intentionally, are getting personal gain such as a kickback? Quantify also this, and produce the evidence.

The all-time price trendline slope hit its high of 0.003868 in 9/2011. Then it came down to 0.003127 for 2013/1. Ever since it has been in the range of 0.003012-0.003127, a remarkably tight range. It is interesting to see, when we start to rise, since at the current price of -0.5 relative to the trend, the slope is starting to decline rapidly. Whether we manage to get back to 0.003, whether the exponential trend continues with a markedly lower slope, or whether the trend (and Bitcoin) is broken, remains to be seen.

I am leaning towards the first scenario nevertheless. The developments are such that it is not hard to imagine $100-$1,000 billion market cap in the near future.

1. No premine, instamine or ninjamine.
2. Exchange as soon as possible.
3. Marketing as soon as possible.

For Monero:

1. The current devteam did not actually launch the coin, but took it over soon after launch. The devteam combined has less than 0.5% of the eventual number of coins, and has bought/mined all their coins fairly in a competitive environment, in addition to working for free and paying most of the development costs out of their pocket (a minority of the costs have been covered by community donations).

2. Monero started OTC trading before 0.5% of the coins were mined, and was listed when 3.2% were mined. The volume in the most voluminous channel alone (OTC thread, then CryptoNote exchange, then Poloniex), during the coin's history, is 4460k, which is 3.7 times higher than the average number of coins existing during the same period. Thus, on average, every monero changes hands in less than a month.

3. There has been marketing from early on, so that the difficulty and the price have been high since almost the beginning (only 2.4% of the trades ever, have been executed at a price 1/4 or less than the current price). I heard about the coin promptly after launch, and I don't usually seek information on altcoins, actually never before (or after) bought one. Withholding information (factual and hype), and then releasing it, is conducive to pump & dump, but none of that has happened with Monero.

When there is no comparison. You just know it.

That's a good one.

My short version:

- BTC is a good coin. Hold it.

- Of the cryptonote coins, only one has realistic chance of winning - the first fair launch: XMR. Buy it.

- Of the 2.0 "coins". They are actually startup stocks. Do your DD. I haven't bought any, for the lack of reason to buy.

Given the right attitude and skillset, it can be achieved as soon as I have reasonable evidence that the attitude and skillset are indeed right. In other words, 3-6 months.


Estonian minimum wage is 284 €/month after tax. With this money, some do provide for their family. Things cost 25%-75% of what they do in the neighboring Finland.

ODD is bullshit that is used to control people. Unless, of course, you yourself realize that it is a problem for you. In this case, I kindly ask you to wise up and be a man. Life doesn't always go your way, and if you work for somebody else, it's better to obey orders.

People seek employment contracts that provide mutually maximum benefit. If you don't think that the mere fact of living in the Bitcoin castle is invaluable for you and you should actually be the one paying (like the hotel guests do), then this is probably not in the interests of either of us.

Also, please refrain from writing posts in my threads just for the reason of increasing postcount.

+1.

If you would do this (and do it good), in 3 months you would be as famous as me!

A real capitulation with a large volume in the 500-530 range would be most welcome.

It's been so long time since the last capitulation that a new one is needed.

I can't evaluate this matter myself, but just sent 300 XMR to the general dev address and hereby strongly urge the devs to channel 50 XMR towards this purpose if they deem it is a priority.

Accepted. 300 XMR sent.

Okay. Your work starts Thursday, next week. We can pay the taxi from Tallinn! If that is too early, any later day is also possible.

I think monero devs are doing quite good work with communication. The problem is the altcoin world, where 48 hours of no movement (meaning "rangebound +/- 10%") means that the coin is pronounced dead.

Of course communication can always be done better, like I also exhorted upthread, concernign the usage of donations.

I set up some guidelines in the donation thread, one is the accountability and transparency in the use of donations:
- who decides how money is spent
- who spends it
- how is it accounted for and monitored.

I kindly ask the devteam to write a few lines about this, so I feel much better to donate and promote others to do so.

EDIT: I don't have any distrust towards Monero devs, but there's a certain Forum that calls me Donator for the reason that I donated 10 BTC to them and none of it has been used for anything useful, as far as I know.

F--k!! Because of my advance warning I lost forever the 1st spot in 5th dan (Rhodium) to you!! 

My only hope is to get 2 crates of Diamonds before smooth and other biggies do...


Thank you for the donation and congratulations for the devs

I am also in favor of the daily inflation method. This puts XMR at 2.5% of BTC, which is huge.

The 61.8% level is also on 0.00365, that is a possibility also.

All-time volume weighted average price is 0.00426.

All things considered, if you want to buy it, just do it at any price below 0.0045. The chances of breaking 0.004 are so slim that it is not worth the 10% gain achievable.

This advice is valid if your intention is to hold. I don't give daytrading advice.

I don't know, but possibly the values would be like:

Adoption = 100,000
Average = 2,300.

What bothers me makes me sure that Monero is on the right track is the emergence of shill accounts like you. Check the post history. I could have created the one-liner "content" of this user in 3 minutes, everything else is FUD concerning Monero.

I am sure your presence here does not serve any further purpose.