I am hoping that, at some point, you will tell us what that reasoning is. I haven't been able to discern it from your posts here.

Why not just copy the files?

One or the other will inevitably occur: liquidation loss (small) and/or exchange hack/bankruptcy.  Polo is AFAICT a very tight ship, but it is not immune to physics. We cannot diversify and decentralize fast enough for me.  We are outgrowing Polo.  Competitors will recognize this soon enough.

Market makers get nothing from holders, only from traders.

80% of all day-traders are losers.  20% are gambling addicts.  Rough numbers. (Edit: Mostly, the addicts are a subset of the losers.)

And yes, it is better to buy on a breakout, because every new ATH is preceded by a breakout.

Short markets assist in price discovery but increase short-term heteroscedasticity.  If you want near-term price stability you don't like the short market. If you want the central tendency to be as precise to the demand curve price as possible, and short-term volatility is no concern, then you like short markets.  Here I am ignoring high-frequency trading, and considering only investment impact. 

XMR will need to stabilize to be a good unit of account, or even a good transmission of value mechanism.  That cannot happen until price discovery is more efficient -thus- It cannot happen until the discounting rate stabilizes  -thus- It cannot happen until one heck of a lot of drama has played out.  In the long run short markets will be an aid to stability, once the market cap and exchange volume are much larger than any potential squeeze.  Meanwhile we can try to front-run squeezes, both long and short, when they occur, or we can look past them. 

There is a leap in your logic which I think needs some filling.

The two are totally different objects.  One is a currency. The other is a commodity.  One derives its value from scarcity and fungibility.  The other derives its value from uniqueness.  Why should there be price party between radically different objects fulfilling radically different functions?

Fisher's quantity theory of money describes the fundamental value of XMR.  The current price is a speculation on future value, discounted by risk.

The value of FCT is described by discounted cash flows in a commodity business, which must inevitably race with competitors to minimum operable margins.

I am not saying that the market is right.  But I am saying that parity is not even remotely reasonable.

Edit: I do not own FCT.  I consider it a speculation, and un-investable. I do own Monero.  I consider it to be the technological evolution of money itself.

Frankly, it's a SWAG.  Give it no weight because I haven't done the math yet.  In fact, I haven't even built a proper parametric model to calibrate with data yet.  Not that it's hard.  It's not.  Go for it.  I am sure you can provide a more principled number, more worthy of contemplation. Of course it will be subject to endless debate regarding parameters, at least.  These forums are excellent sources of criticism and refinement, if you can disregard the noise, because people here care about the subject.

My hand-wavy reasoning is that AB does at least as much traffic as SR.  Incremental QToM value derives from that traffic.  SR supported roughly $100 BTC.  (BTC and XMR float are close enough to disregard at this level of granularity.) Thus, 10% of AB should support about $12 in incremental value.  The baseline to which that adds is the value before AB traffic (31 Aug), which I estimate at $8, for a total of $20.  The additional $5 comes from a seat-of-the-pants adjustment for increased speculative interest in the 2016 environment, as compared to the 2013 environment.  I think it is a very conservative estimate of the correct multiplier.

I shared it with communities of my acquaintance which might be interested, but the issues are too complex for this forum to discuss on topic, I think.  You can always raise the issue in a more appropriate thread if you desire an in-depth discussion.

Oh, I do.  But I think: If Ver wants financial privacy, I too want him to have it.  If he burned his BTC on Monero, and did it well, who could say he even owned any, with confidence?  It is up to him and him alone what he shares with the world.  I would like our community culture to scrupulously respect that particular form of autonomy.

I can't impose my tastes, of course.  But I certainly will express them.

I consider it unfunny, but here you go:  http://www.bbc.com/news/world-asia-india-36804209

Correction:  "stones and a sharp weapon"

Well, a pattern of higher lows begins on the 5 minute chart.  Then it becomes apparent on the 15 minute chart.  Later, the 30 minute chart.  Time will tell us.  But only after it is too late to act.  

Right now, I am all-in.  If I get a better price, I may do a coinbase instant buy and fill wallets for friends and family, after about a 15 minute lag.  But I won't buy any more for myself in any case.  I own enough.  I am holding some for third parties, which I may be obligated to sell at some point between $10 and $25, but otherwise I'm hodling like Holdor for the foreseeable future, and it just isn't going to matter to me what the price is.  So expect to see much less of me in this thread.

Dude at work just asked me to buy him some.  He'll pay me on Monday but wants the current price.  I'm so nice that way.  He doesn't care if it goes to zero, but he will probably sell half when it doubles.  Just guessing here.  If that is a typical pattern, I expect there will be some resistance around 014

I like my predictions to be precise - sufficiently precise so that they are almost certainly wrong.
I like my strategies to be accommodative - sufficiently accommodative so that they are almost certainly profitable.
I like a very precisely placed center with a HUGE bull's eye around it.

Yeah, my best guess is that XMRBTC will never trade below $4 after 25 Aug 2016.  The closest it comes after 29 Aug will probably be the "sell the news" run on the 1 Sep event, whenever that happens.  But hey, it's really just a guess.  If it were a prediction it would be precise.  With credible intervals.

Definitely.  Why do you think it was ramping since May?  The rule is to buy the rumor, and sell the news.  But eventually the fundamentals will dominate.  If XMR denominates 10% of the AlphaBay transactions in December, the price should be at least $25 by New Year's Day.

I am quite certain that you can buy a T120 with XMR today, if you wish.  I can hook you up with a dealer if you like, albeit the location may be inconvenient to you.  Just send a PM.

Quoted so I can taunt you come 2025

I think your  starting point is too low.  We already bounced off the 50% fib

And goodbye to $4.  Never again, I think.  Thanks for the Monero!

Dash is not even close to being #2.  Coinmarketcap.com is valuing the supernode capital on an MTM basis.  If that capital, and the stealth instamined millions were to float on the market, dash could drop 90% in a day. 

All of the monero is floating.  The cap numbers for Monero are actual, legit numbers.

But yes, not soon.  I think somewhere in the 2020-2024 range it is likely that 1 XMR = 1 BTC.  But both will be at a much higher fiat/gold price by then.

You realize that guy in your avatar got hacked to death with machetes and axes?

He should have bought stealthy Monero.