Why? Sounds like you are shorting since rising XMR price is not in your best interest.
While you were typing I clarified what I think is the difference between "bull market" and rising market. Been there and done the bull market thing with bitcoins. To me, bull market is almost synonymous with bubble. That's just been my experience. And don't want that for Monero. If you read my other post you would know I have a significant long position in xmr. My only concern is the long term survival of the coin, if you will. And that's only because, in order for the network to survive, the coin has to survive. We have a remarkably stable coin. That's good! I agree we need users. TC will never understand that people do things for the betterment of the whole unselfishly. He is a 1 dimensional individual with one goal and that is excruciatingly obvious. Don't bother trying to explain, it falls on deaf ears. People are divided into two group: 1) No coins and therefore do not care about the price of the coin 2) With coins and therefore care about the price of the coin. I assume you belong to the former (based on your writing). I might be cynical but I do not think people are unselfish. Probably some people are seeking other things than financial compensation (like honor or something else) or they are like me, purely seeking the maximal profit. The bottomline is, each troll here (and elsewhere) has their own utility they want to maximize. For you perhaps it is not financial but for me it is financial as I am investor. Bear in mind, monero represents currently only a small part of my entire portfolio (I try to keep investments like Monero/btc/Venture Capitalist investments below 5 % of my entire portfolio). Most of my money is tied in bonds and real estates + appartments which generate me money. You do realize your post substantiates mine do you not? Yes you probably do not own any significiant amount of coins. However, you are interested in Monero project and therefore active in this thread. Unselfishnes there doesn't exist. You probably are looking for honor. For this seeking I recommend to joining in Risto's game. There are titles for sale I suppose.  |
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Why? Sounds like you are shorting since rising XMR price is not in your best interest.
While you were typing I clarified what I think is the difference between "bull market" and rising market. Been there and done the bull market thing with bitcoins. To me, bull market is almost synonymous with bubble. That's just been my experience. And don't want that for Monero. If you read my other post you would know I have a significant long position in xmr. My only concern is the long term survival of the coin, if you will. And that's only because, in order for the network to survive, the coin has to survive. We have a remarkably stable coin. That's good! I agree we need users. TC will never understand that people do things for the betterment of the whole unselfishly. He is a 1 dimensional individual with one goal and that is excruciatingly obvious. Don't bother trying to explain, it falls on deaf ears. People are divided into two group: 1) No coins and therefore do not care about the price of the coin 2) With coins and therefore care about the price of the coin. I assume you belong to the former (based on your writing). I might be cynical but I do not think people are unselfish. Probably some people are seeking other things than financial compensation (like honor or something else) or they are like me, purely seeking the maximal profit. The bottomline is, each troll here (and elsewhere) has their own utility they want to maximize. For you perhaps it is not financial but for me it is financial as I am investor. Bear in mind, monero represents currently only a small part of my entire portfolio (I try to keep investments like Monero/btc/Venture Capitalist investments below 5 % of my entire portfolio). Most of my money is tied in bonds and real estates + appartments which generate me money. |
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Why? Sounds like you are shorting since rising XMR price is not in your best interest.
While you were typing I clarified what I think is the difference between "bull market" and rising market. Been there and done the bull market thing with bitcoins. To me, bull market is almost synonymous with bubble. That's just been my experience. And don't want that for Monero. If you read my other post you would know I have a significant long position in xmr. My only concern is the long term survival of the coin, if you will. And that's only because, in order for the network to survive, the coin has to survive. We have a remarkably stable coin. That's good! I agree we need users. I think now we are on the same page. Definetely a bubble is unhealthy for any investment. The rising price trend or bull market, whatever way you want to call it, is healthy since it gives an incentive to new investors joining in the game (FOMO effect). The rising price trendline is a positive spiral: new money flows in, new interest picks up, new companies accept XMR, new users, new speculators, new you name it will flow into XMR sphere. When the market goes down or stays stagnant the situation is exactly the opposite. |
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Why? Sounds like you are shorting since rising XMR price is not in your best interest.
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We're playing the long game with Monero. We won't see mass adoption for decades, I'd say. Complaining about short term prices is pointless. The network keeps getting stronger, but a real market beyond aficionados is going to be years in the making. Let's focus on strengthening the network and stop this bellyaching about price.
Even if you're in this coin to make money, you have to play the long game. Monero is a standout for the stability of its exchange rate. I wouldn't have it any other way. For short term speculation, there's lots of other coins out there. Even xbt is far more volatile than xmr.
Monero carries much of its value in its dedicated, skilled and far-sighted development team. I own a substantial chunk of moneroj, but I care very little for the price. The more I learn about where Monero is heading in the future, the more I recognize we're only at the very earliest stages of something that can turn out to be truly great. If you listen to the latest Monero Missive, and think about the implications of the plans for i2p, it just might make you see that Monero's real value isn't monetary. I don't think it's too much to say that it has a moral dimension.
Soon it has been developed 2 years. At some point of time it is time to become vocal and not hide in the caves of subforum of a bitcointalk. Network is probably now strong enough for new adaption. Sure the whole earth and some aliens will not embrace XMR is 2016 but some progress need to be made also in terms of adaption and users. Otherwise Monero is just another coin among hundreds of other blockchains. The coin rise or dies with marketing. Technologically Monero works fine for storing value right now and it is ready for receiving billions of dollars but is the community consisting enough preachers and marketing skills to bring it out there available for the masses. I own also Moneros and I admit that I hold it to gain some financial benefit. After all, I could invest even the money elsewhere but I am still showing my trust into XMR. I think it is reasonable to expect some increase in value in 2016, sure it will not hit 1000 usd/xmr in 2016 but it should finally start rising now as there is no more high emission (when XMR stabilized to 0.004 btc in 2014 the emission was significiantly higher and the development has not been advancing too much). If the price will not start climbing and start a bull market at some point of time it is time to move on and not to stuck for too long into a losing bet. |
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http://chainradar.com/xmr/blocksNo one is fucking using this shitcoin, just look at the number of transactions in each block... Someone pump this shit up to .002 so I can dump my stash Monero is not so much a transactional currency as it is a store of value. Transactional currency doesn't need to be private but a store of value prefertably should. If you have any meaningful amounts of money you may not want to reveal it to the whole earth but keep it known only by yourself. |
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Marketing is the weakness of Monero currently. There is no marketing taking place (I am not counting it as marketing to have trolls like me or someone else writing on btc talk forums). By marketing I mean reaching out the people who are not even bitcoin holders but using conventional money. To become successful Monero need to be absorbed by as many people as possible on planet earth and hopefully a few aliens also when we reach the moon. |
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 Why no XMR ? Please add xmr among the option so we can, once again, enjoy a pointless xmr versus dash keyboard warrior fight. Oh please! XMR is worse than all others combined. 1 topic alone proves it.. a 600 page spam "Speculation" topic bumped 24/7. MONERO is your winner loser. EDIT:They were higher in market-cap earlier in the year  for circle jerking spam around here. monero/dash fanboys should win it. i agree. just voting towards the circle jerks and not towards which actual coin is good/bad. also agree with below. PPC is barely mentioned here. i would suggest replace it with xmr and watch this post turn into a typical monero/dash circle jerk. Each post here on btc talk forum is about Monero. I think it is good that so many people have their opinion on money (monero). Money is something wars have been fought and the passion which Monero creates in both haters and fanbois is something altcoin world have probably never seen before. |
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I can't believe I learned about the Monero 0.9 release from my facking Facebook feed of all places. I'm a little ashamed.  But I'm so proud of our programmers and everyone else who has worked so hard to keep the community going to reach this milestone. We are the true digital money of the world. Bitcoin is an amazing large public settlement system, but it is not true digital money. I am still dreaming we are going to the moon. After landing on the surface of Moon with Monero rocket probably we can see if planet Earh is round or flat. |
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Apparently Monero wins all the awards everywhere there is a competition/poll of any kind. I wonder why...  |
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noone has time to comment, everyone is buying Personally I am not buying right now. I have plenty of coins waiting if 2016 will bring us anything exciting pricewise. So far the price chart of Monero has been pretty depressing (going down from 0.004 in 2014 to 0.001'sh late 2015). Kind of controversial: if there are developments done, the price should rise, not fall. But, the only fundamental that plays in crypto is the equilibrium of the intermation of supply and demand curves. There need to be more demand than supply (= emission + sales from early adopters) so that the price can rise. |
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Year 2016 will be the year of truth in my calculations.
Monero should start rising this year since the emission is now getting to such ridiculous lows. If it will not start rising finally this year, probably it will never do so (at least chances get slimmer).
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Yes, fluffypony says that investing in cryptocurrencies to get a return is not a good idea and that it's better to invest in an actual service or productive activity. But George Soros made a billion in one day shorting the British pound. Currencies go up and down. Of course you can make money in currency speculation.
I think his words are commonly misinterpreted. If I recall correctly, he acknowledges the benefits of everyone that in some way contributes to the ecosystem. Regardless of whether that are speculators/investors/coders. However, he also thinks that creating some kind of service or productive activity is more beneficial than simply speculating. Yes, we all play our role. Personally, I couldn't waste XMR on dice games or buying socks or something like that. If you are referring to alpaca socks (early bitcoin merchant) I disagree with you. It is very important for a currency to actually be used (spent) like a currency in order for an economy to be built around it. I hope everyone here is very supportive of all our early merchants so that more are encouraged to follow. http://www.coindesk.com/alpacas-the-unofficial-mascot-of-bitcoin/
If anyone wants to sell socks for Monero you can count on me to become a customer!How many Moneros are you willing to pay for my stinky socks?  |
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Stability in terms of USD has been good, but I think we are in the eye of the hurricane. We should experience chaotic volatility as XMR finds its true place in history.
I listened to the podcast from getmonero (the recent one). Someone of the core team told there Monero is not meant to increase in value but solely for transactional purposes (he did not use that exact wording but the idea was basically this). Therefore, it is not recommended to invest any larger amounts of money into Monero but rather create services and Monero economy. It would indeed great to have tons of new places where bagholders could unload their trash bins to the dumpster and from dumpster to the landfill.  |
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All alts except monero green on polo... Dash up 20% in the last 48h.
Perfect time to push the price up 10-20%...
Pumpers not welcomed here. I agree. Monero is probably the only coin in the universe which is not meant to be a mere pump and dump coin. All the other coins are just pump and dump schemes while this is the only honest coin. |
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I am still wearing my sun glasses and thus seeing the future pretty dark.
However, I am not selling any of my holdings but I ain't buying either since I have just enough coins for significiant amount of cash in case I am wrong with my bearishness.
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Does anyone foresee Monero rallying back up this week. I don't see. The future looks dark.  That pic is actually funny in this context. |
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Anyone here know, or can guess when 0.9 will be released?
My guess is some time in 2016. My guess: soon, just around the corner. |
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Does anyone foresee Monero rallying back up this week. I don't see. The future looks dark. |
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You mean speculative store of value? I ever said that it is not store of value by traditional conventions. There is quite a few people in the world using bitcoin as store of value. All of them are speculators. That's why BitReserve exists.
In Bicoin - a payment network, bitcoin doesn't need to be a store of value, it is a medium of exchange. I think that many people are confused here.
It is too soon to say if bitcoin can become a store of value. I agree that store of value may be the most important utility in bitcoin in the future. But not now. Bitcoin's user base and network effect is simply too small.
If Bitcoin is a speculative store of value so is gold and silver. Bitcoin both has a limited supply by definition and a clear utility and is therefore a store of value. Fiat currencies don't have a limited supply and are therefore not a store of value. I agree more with digicoin, in the future you can look at bitcoin as an storage of value, in the current state is far from it, it is still to risky to put money on bitcoin, you dont know if it will stay down or up tomorrow, and the change is huge on everyday basis... even knowing that the bitcoin is extremely undervalued, but it shouldnt be seen as an way to store value, at least for now... the advice that i give to all my friends is "buy bitcoin, even 10€, but be aware that it can lost his value" I don't think you know what store of value means. Store of value means: you invest today 10 euros into an asset and tomorrow you are able to sell the asset for 10 euros. Therefore the requirement for a store of value is stability at least at some degree. |
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