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There is optional publicity which enables also "honest" trading (trading that has been taxed). Monero is very much like cash - cash can be anonymous if it is not tracked but it can be public if it is tracked. So far governements have not forbidden using cash... I see the future of Monero very similar and I hope Monero is not too much associated with criminal activities because that is the very thing which might cause some misunderstandings among the regulators and thus they might want to ban Monero with no sufficient information.
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Back to speculation:
I opened a chart from since beginning of September (the final big leg before current consolidation period).
I see lower highs and higher lows. Therefore I am expecting some major volume hitting the coin in 1-2 weeks from now. The charts are not obviously bullish nor bearish so I think it is pretty much 50 % chance to go up or 50 % chance to go down, give or take.
However, if it goes down, it is not permanent and it is considered an excellent buying opportunity to buy some major amounts of coins. If it goes down, it might be also tempting to buy more (in the beginning of rise it is nice to have more coins rather than less coins).
Fundamentals are bullish but technicals are neutral.
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Than tell us excatly how to make infinity returns.
Use other people's money (banker) in investing and put the tenant to pay all the costs + ammortization. Use 100 % financing. if a lack of tenants that are able to pay this rate occurs in the market, as well as a lack of buyers willing to buy real estate at at least par values, what happens? Don't buy such pains in your ass. Obviously you do your due diligence before buying any investment. Real estate/appartments/commercial space is more a business than investment so some sort of entrepreneurial skills (organizing skills) are needed. Just a couple of points. 1. NRG said "in my country" but didn't state which country...since different countries have different rules and regs, so how do you know these are 'excuses'. I know this is a rather radical idea, but how about listening to other forum members. 2. The idea of 100% finance and selling the dream of being a landlord is one of the reasons for the GFC. Amazingly, your attitude was actually shared by millions of people in 2008 - it will never happen to me, cause I'm so clever. Your smug tone makes me hope you get over-extended and it all collapses. 3. Also, one of the reasons for social inequality in many countries is the rise of what I would call this 'new feudalism' which you propose; young people can't get on the property 'ladder' because the greedy and rapacious own 4, 6, 8 houses or units. I second all that. Its a sucker entry into debt slavery. Selling off our kids for an illusion of gain. The days of 100% finance seem well an truly ovanyways unless one enters into very sub optimal arrangements. Nothing has been fixed since 08. They literally put a Tarp over it and called it such. It will be pulled any day now. Woe to all who are highly leveraged. Its a beautiful system of real wealth consolidation using fiat as bait. Why didnt I think of that?  If you do not feel comfortable financing 100 % (essentially you need to own something else anyway to do it in current environment). If you are first home buyer, then probably the best way to start is simply save the nest egg of 10% 20 % 30 % 40 % or 50 % and the rest borrow from the bank. Bear in mind, the loan negotiations with bank are relatively painless if you have a nest egg (track record of taking good care of your personal finances). Banks are more than willing to lend money to good borrowers who will repay and will not default. Default is not in the best interest of banks but a good repayer. That being said, I agree than crypto with no debt is far better system than the fiat system which is built upon greater fool principles when it comes to taking debt. However, I am just a small fish in the ocean and I have no power to change anything, therefore it is better to play with the rules and borrow for 1 % and earn 10 %. |
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Than tell us excatly how to make infinity returns.
Use other people's money (banker) in investing and put the tenant to pay all the costs + ammortization. Use 100 % financing. if a lack of tenants that are able to pay this rate occurs in the market, as well as a lack of buyers willing to buy real estate at at least par values, what happens? Don't buy such pains in your ass. Obviously you do your due diligence before buying any investment. Real estate/appartments/commercial space is more a business than investment so some sort of entrepreneurial skills (organizing skills) are needed. Just a couple of points. 1. NRG said "in my country" but didn't state which country...since different countries have different rules and regs, so how do you know these are 'excuses'. I know this is a rather radical idea, but how about listening to other forum members. 2. The idea of 100% finance and selling the dream of being a landlord is one of the reasons for the GFC. Amazingly, your attitude was actually shared by millions of people in 2008 - it will never happen to me, cause I'm so clever. Your smug tone makes me hope you get over-extended and it all collapses. 3. Also, one of the reasons for social inequality in many countries is the rise of what I would call this 'new feudalism' which you propose; young people can't get on the property 'ladder' because the greedy and rapacious own 4, 6, 8 houses or units. 1. It is very likely there are opportunities. In different countries the opportunities are different type. The beautiful thing in real estate investing is that there is no one way to do it. 2. 2008 people bought empty houses in hope of rise in value. If you do your stuff in right manner you are able to become millionaire. However, it will happen with 10 000 XMR faster than in real estates (unless you get "lucky"). 3. If you dream of home-ownership, then buy a home you can afford to buy. Take 20 mortgage, pay off it a few years, then refinance/buy better home. In that manner a young person can start climbing the latters of home ownership in current monetary system. If you want to become rich/wealthy/financially independent it is smart to play with the rules, not against the rules. |
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Than tell us excatly how to make infinity returns.
Use other people's money (banker) in investing and put the tenant to pay all the costs + ammortization. Use 100 % financing. if a lack of tenants that are able to pay this rate occurs in the market, as well as a lack of buyers willing to buy real estate at at least par values, what happens? Don't buy such pains in your ass. Obviously you do your due diligence before buying any investment. Real estate/appartments/commercial space is more a business than investment so some sort of entrepreneurial skills (organizing skills) are needed. |
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Than tell us excatly how to make infinity returns.
Use other people's money (banker) in investing and put the tenant to pay all the costs + ammortization. Use 100 % financing. |
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@TrueCryptonaire I totally agree in every point  I just dont have to work and just enjoy studying the cryptos and increase my asset. Real Estates in my country are not as a good deal as to cryptos. Its not tax free. We have to pay lawyers, notaries, land transfer tax, regular taxes, accommodation broker and services. Than strict laws when you let to someone you have the risk that they dont pay and even than you cannot just kick them out. Moreover than the GOV knows excatly how much money you have invested. You sell, you are again in the cicle of paying taxes. Investing in XMR is for the moment the most attractive one. I admit, i love money and what i like more is just more money. So its just numbers. Invest or example 250k lets say per week 2% growth is 5.000 EUR per week. Now its getting interesting (i know all of you can calulate this, but i like to see these numbers  ) You dont calc. now 4*12*5000 which makes 240.000 profit. Its 250.000*1,02^n with n = 48 it give me 646.767,69 EUR per year. Real estates are not even close to 200% profit per year. Its more like 4-12%
So even one who only invest 10.000$ its still ~25.900 after 12 month  In my country I have to pay ~35% taxes on profit on stock exchanges and still the risk of losing money. And again the GOV knows excatly how much money I have. I dont want that. Besides these monetary facts i also like to support cryptos. As I said, apparently you are not familiar with appartments/real estates/commercial estates. You can get the highest return on this area if you know what you are doing (basically infinite returns). The list you made is just an excuse not to invest and go out of comfort zone.  |
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The strong uptrend line is the "unhealthy one" the low uptrend due to spectators who wait with investments until it is a stable uptrend. So the blue line is my prediction. So far we shouldnt touch 160 ever again which is sad cause i want to invest a lot more of EUR there  Edit: For me 1% every day makes me totally satisfied. No investment gives me more % per year tax freeIf you are an investor, you do not care that much price (+ or - 10 %). When Monero is 1000 usd, it really doesn't make that big difference if you have bought your coins for 9.50 usd or 10.50 usd. However, if you are waiting some low ball price you might end up waiting forever and miss the big gains. Usually when I say this, the counter argument is that "yeah, but for -10 % price you can get 10 % more coins". That's true. However, if you buy at spot and waite the price rises to 1100 usd/xmr you end up in the same end result. Remember, the price of Monero has to rise ovedr long haul, otherwise it dies because nobody considers it worthwhile holding.
For me 1% every day makes me totally satisfied. No investment gives me more % per year tax free
Apparently you are not familiar with real estates. |
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...if this is recovery, it looks painfully slow.
A 23% gain, bottom to present, in less than 9 days is "painfully slow”? wtfbbq! Hey, this is not stock market, man! |
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Resistance at 0.019. Support 0.0165.
With 1300 BTC to get to .019, I'd suggest resistance is closer to .018. To go there all it takes is one big green candle which we see every now and then. 60K XMR to get to .019....we haven't had volume like that since TheBigLegUP TMI think we're going to plough this furrow for sometime -- the tree has been shaken for 'weak hands', the next trial is that of patience/cash flow. So, a long hard slog to test holders resolve. I hope I'm wrong but that's how this market now feels. Given that the weak hands have been shaken over 1 week ago, the price is slowly climbing up from 0.014-0.015 levels there are pretty fragile signs of recovery but I agree if this is recovery, it looks painfully slow. I am expecting more big legs up. There are still many bitcoins in the sidelines waiting for the entrance. A lot of Legendary early day bitcoiners have still way too many bitcoins waiting to be invested into Monero. |
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Resistance at 0.019. Support 0.0165.
With 1300 BTC to get to .019, I'd suggest resistance is closer to .018. To go there all it takes is one big green candle which we see every now and then. |
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Resistance at 0.019. Support 0.0165.
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Is the biggest risk to xmr a community launched zcash clone without the premine and founder tax, like how xmr began?
If I am honest, not many here are interested into Zcash so I do not see it even competing with XMR. Bear in mind, in order to succeed a coin needs network effect which is created by the community willing to buy and hodl - tech is not sufficient enough (we saw this from btc's first generation shitcoin alternatives). So far Monero has a community that is willing to buy and hodl, and if the community keeps buying and holding, more people will join into the party and that will accelerate the network effect and price surge to the Moon TM. If success = price being really high then sure your model works. Personally it may be fairer to say that price play a part of success. To me it shouldn't play a large part of the "success" definition. Success doesn't only mean people willing to buy and hold a crypto. Usage/utility and transactional/speculative volume needs to be a factor. If people are just buying and holding then it is essentially an example of the greater fool theory. Granted that is such a broad spectrum of things that is described as markets go up and down, but I personally would like it if people bought XMR if they need to, not want to just because of hoping the price goes higher. Then again speculators gonna spec...cu....late. Success may also involve a threshold of users/nodes that a crypto surpasses. Hitting critical mass is on the road to success, but is it success? I don't think so. If it holds its adoption over long periods of time then yes it would be successful. But this is 2.5 years into the coin's life, kind of early to call monero successful...yet. Price doesn't imply success but success implies high price (the deduction goes only one way here). I agree with you that volume also is a factor. However, you can have large volume in dumps (like ETH had in DAO incident). To buy and hold a currency is not an example of greater fool theory but I agree it could be. For instance, people hold gold bullion because they know the supply is limited (which is not true - an asteoroid full of gold can hit to my garden etc). Therefore, gold serves as a store of value, and it is not considered as an example of greater fool is it. Monero indeed is not yet successful despite my investment is still up 1000 %. I call it a success when people are making lines to my backdoor and sleeping in tents so that they can buy some fractions of Monero from me. Still Monero community (as well as the crypto in general) is kind of niche market Monero being a niche inside of the niche and thus far away from being mainstream. Personally I view a successful Monero having ever increasing price trend - by buying any point of time some Moneros and holding it xyz period a buyer should have increased their purchasing power. At least a little bit. |
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Is the biggest risk to xmr a community launched zcash clone without the premine and founder tax, like how xmr began?
If I am honest, not many here are interested into Zcash so I do not see it even competing with XMR. Bear in mind, in order to succeed a coin needs network effect which is created by the community willing to buy and hodl - tech is not sufficient enough (we saw this from btc's first generation shitcoin alternatives). So far Monero has a community that is willing to buy and hodl, and if the community keeps buying and holding, more people will join into the party and that will accelerate the network effect and price surge to the Moon TM. |
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I think Komodo and ICN both have very good chances of reaching the skies. But when the ZCash is listed, the price of the Monero could drop as the money will flow to ZCash.
Zcash is a good coin but it is not at par with Monero. In order to some other anonymous currency to succeed it needs a community that is willing to hoard and hodl it. Monero has such community but the big question is, does Zcash has it? If not, it will fail for sure. No matter how good are the tech credentials. |
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I am not sure if XMR is fully bullish now, but for sure there is no reason to be bearish with all the recent attention XMR got and which will attract more investors, contributors and perhaps exchanges too.
Nobody knows about crypto. Something drastic might happen overnight. If the trendline shows high probability of bull market, the traders and speculants will open heavy long positions and build longs upon longs which creates sudden surge in the price. On the other hand, the traders might want to short Monero and build short positions upon short positions (weak hands are probably shaken already) which will push the price down. However, there is not that much room to go down from here unless the project fails completely and the price goes back to sub 1 usd. The upside is infinity because a lot of coins are stored in cold storages. The faster the rise, the less there will be coins for sale because the bagholders do not need to sell that many coins to satisfy their desire to acquire castles from Estonia.  Therefore I am speculating the next bubble will be in Estonian castles, ruins and manors. |
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Chances are Tronald Dump is just anohter con artist from Poloniex trollbox.
You're not wrong Donald Trump is a con man. He’s also a fraud, a liar, a snake-oil salesman, and a carnival barker. Clearly he is running a scam on the country.
Trump calls himself a “deal-maker.”
I call Trump a Master Persuader.
It’s all the same thing. Either way, blocking remittances to Mexico may be bullish for crypto and end up building that wall /topicrelevancy Politicians tend to be master liars, unfortunately. I remember very well when there was a huge hype around Obama. Everybody thought he is the Messiah but nothing happened (except the Iranian rulers are now able to blow the entire world with their nuclear bombs). The hype even went to far that Obama got a Nobel prize for peace (before he had any merits besides creating the of "yes we can" -BS). |
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You can forget all the others, why not to focus on Monero only. Buy now, be happy later. Just buy and hold no matter how high the price goes.
Monero is seriously the first coin that even the bitcoin maximalists are scared of. Some joined already after they realized they cannot beat it.
Focusing on the shitcoins are waste of time and money.
This. I don't know how many times people need to get steamrolled by scamcoins and pump and dump artists. Monero is one of only maybe 3-4 coins I'd even consider buying. To be honest I see the future of Monero brighter than the future of bitcoin. Do not get me wrong, I do hope bitcoin will survive also but there is no way I think it is the ultimate crypto. Besides, I think the masses prefer Monero because of its anonymity which will get another layer soon. Might be that Monero is very appealing in the eyes of general public and they will try to buy as many Moneros as they can. Usually the first movers are the pioneers taking the largest risks and therefore are rewarded with the most generous amounts of Moneros for their bitcoins. So, I think there is an urgency to buy tons of Moneros. Every person in western countries should do their best to collect 10 000 XMR at least so better to start today while it is still cheap and available. This will be impossible task in the future (even next year already) so better to start this very moment. |
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btw to connect to the bankers discussion:
I only know 2 two bank managers and both predict and new crash of the system. When we look to the US its Clinton/Trump.
Look to the EU, its falling apart due to refugee crisis and missleading (Merkel).
Asia also have trouble. The poor and middle class is going to be left behind around the globe.
Reconsider than what happend in the financial crisis 2011. A lot of money streamed into cryptos and gold.
I see a solid future.
Chances are Tronald Dump is just anohter con artist from Poloniex trollbox. The refugee crisis potentially could be (but very unlikely will be) a good thing for EU. Why it could be? A lot of skilled workers are coming which could boost their hosting countries GDP nicely. However, the policy makers and institutions are not willing to increase the rate of free markets in labor markets controlled by labor union who basically say "NO WAY!" to everything. At least this is the situation in Finland. Kinda sad that the public sector tend to waste every opportunity, and thus creating angry citizens which will feed all kind of extreme right wing people.   |
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I treated myself by buying a few Moneros. Feels great to increase even a little bit my stake in the ledger.
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