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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: August 23, 2016, 11:26:36 AM
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So I need the tx key of your own (my) transaction, the receiving address, and the transaction hash.
I'm using mymonero.com I can retrieve my spend key there. Is that what you mean by "tx key"? Mymonero.com also shows a transaction ID. Is that what you meant by "transaction hash"? Do not put your spend key on that tool! The private tx key is denoted as r in the CryptoNote whitepaper and allows you to prove that you send a payment to a certain address. Unfortunately, MyMonero currently has no option to retrieve the private tx key. Thus, you would have to use simplewallet to retrieve the private tx key. The transaction ID is indeed the transaction hash.
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1126
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: August 23, 2016, 10:41:04 AM
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Is there any news why XMR is going very high? This has come as a surprise for me because I have missed it in the news. Maybe this is a pump and dump?
Classic pump and dump, if you got in train just keep the waves, if you had not, beware monero is atm at his peak and be sure of trading to jump out quickly Also monero mining is long dead, they killed the block reward so beware, like any others coins that kill POW to fast for personal P/DMining Monero is extremely profitable at the moment, FYI. Stop FUDing / talking your book.
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: August 22, 2016, 09:30:52 AM
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4,000 BTC volume and climbing. Is that a record?
March 20th saw 680000 xmr move on poloniex at 0036, so yeah. New high volume. Big move up on strong volume... Can it get more bullish? I don't see XMR borrowing demand. Probably needs some sign of weakness to attract short interest. I wouldn't call interest rates greater than 0.3% no borrowing demand.
Also, this is probably the best visualization and description of the current situation:
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: August 22, 2016, 09:24:06 AM
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The real price of Monero is minimum 10-15$ - at least as much as Daesh(it).
Don't forget that in crypto discounting factors are generally inflated by a lot of idiosyncratic event risks. That seems like a pretty good equilibrium estimate for a year from now, if it sees actual use - and I do expect that it will - but under crypto-scale discounting, the NPV is probably closer to 3-4$. I would be unsurprised by an overshoot, say 5-6$, in the next week or two, but followed by a pullback, maybe as low as 2$. Then a less dramatic but rapid rise to a 3-4 trading range, followed by a slow glide up into the 10-15 range on decreasing volatility - unless more markets add XMR, in which case additional, but smaller, spikes will keep volatility high, even while they push prices up faster than in the baseline expectation...towards a 20-25 range in 2 years. I've been holding XMR in size since April of 2013 in anticipation of this event, and intend to continue holding until Monero has displaced bitcoin in all of the use-cases for which it is technically superior. That would include most of the current uses of bitcoin. (And a price in the hundreds of 2016 USD, around 2020-2024, assuming no monetary systemic reset.) I will slowly sell 5% of my holdings (a market making stake) on any near term spike close to $5, and try to get them back cheaper on the correction. If that fails, I may or may not chase them uphill, depending on my ability to analyze the events of that time. Although... I am beginning to question the value of continued market making because of the implied risk of underperforming the market. This is my current speculation, and subject to prompt change (nonlinear) upon receipt of new information. I think you meant 2014 here.
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: August 21, 2016, 09:29:32 AM
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We're at $2.46 ... can we please not talk about $1000?
The most likely scenario is that XMR will fail.
How? It looks to me like there will be a replacement as the development progress has slowed to a crawl. This is kind of an insult to everyone working on Monero currently. I'd argue that with the RingCT development, 0MQ development, GUI development, the conventional adding of features, and fixing bugs, the development is way more active than last summer.
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: August 20, 2016, 04:21:56 PM
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We just need the GUI asap.
Even if a great dev supported gui did exist I for one would almost certainly continue using the command line version as long as it was still supported as well. Just some of my thoughts, interested in yours. Support for simplewallet would likely never cease to exist.
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