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Author Topic: [XMR] Monero Speculation  (Read 3312339 times)
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nioc
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March 30, 2016, 01:10:43 AM
 #15881


The major news in XMR is the hard fork.  It demonstrates that the core team's plan for managing the technical evolution of XMR is viable.  That means XMR can adapt to changing realities.  Unlike some other coins.  I am quite sure that others can enumerate a large number of other new developments in XMR, but this is the one that has me psyched.


# of nodes before the fork = ~200
# of nodes after the fork = ~200

no change


https://monerohash.com/nodes-distribution.html
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saddambitcoin
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March 30, 2016, 01:22:47 AM
 #15882

#of high uptime nodes before 0.9 was ~100, so we've doubled nodes since january 1.

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March 30, 2016, 01:23:28 AM
 #15883


The major news in XMR is the hard fork.  It demonstrates that the core team's plan for managing the technical evolution of XMR is viable.  That means XMR can adapt to changing realities.  Unlike some other coins.  I am quite sure that others can enumerate a large number of other new developments in XMR, but this is the one that has me psyched.


# of nodes before the fork = ~200
# of nodes after the fork = ~200

no change


https://monerohash.com/nodes-distribution.html

 hash rate took a slightly deeper and longer dip than 'normal', but recovered quite quickly.  All in all, pretty damn Smooth  Cool
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March 30, 2016, 01:24:12 AM
 #15884

Let me tell u the real problem with XMR.

its the devs, they dont work hard enough to make this wonderful coin succeed im waiting for 2 years for an GUI wallet not that i cant run a simplewallet !!!

its about adoption we need a GUI to go mainstream but the devs are taking it easy lets wait another year or maybe 3 years fk it im out for now

You should donate  1/2 of your holdings to the dev fund, that might speed things up.

That's pretty silly.

The GUI work is already funded, and it is under way. If someone thinks that mainstream adoption is right around the corner and the only thing holding it back is the GUI not being finished, and therefore "fuck it I'm out", I'm without words.



Yes, this is normally what happens when there is a big pump. We get some fair weather friends, the pump stalls or reverses a bit and they're gone as fast as they arrived. It's all good.


No all i see is 5 hours of work done a week so monero GUI will be released 30 weeks from now
Johnny Mnemonic
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March 30, 2016, 01:26:21 AM
 #15885

No all i see is 5 hours of work done a week so monero GUI will be released 30 weeks from now

How much have you contributed to grease the wheels?
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March 30, 2016, 01:28:22 AM
 #15886

#of high uptime nodes before 0.9 was ~100, so we've doubled nodes since january 1.


Well, we kind of ran out of excuses not to  Tongue  I think I've effectively proved that it can be done with general computer illiteracy, minimal hardware, and minimal connection.  I run pretty much 24/7, because there's no reason not to.  Now if I could swing one of those fancy monerodo units, and give my poor little lap top a rest...
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March 30, 2016, 01:28:26 AM
 #15887

I can't tell if the buy and sell walls are owned by the same person, but they don't seem to be. The sell walls move around too much in what seems like an ineffective way.

These shenanigans often make me consider going back to forex, where at least I can't see the blatant manipulation.
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March 30, 2016, 01:35:50 AM
 #15888

No all i see is 5 hours of work done a week so monero GUI will be released 30 weeks from now

That is not what the proposal states.
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March 30, 2016, 01:37:15 AM
 #15889

I prefer fairweather friends over the red letter gang any day  Tongue
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March 30, 2016, 01:51:35 AM
 #15890

Let me tell u the real problem with XMR.

its the devs, they dont work hard enough to make this wonderful coin succeed im waiting for 2 years for an GUI wallet not that i cant run a simplewallet !!!

its about adoption we need a GUI to go mainstream but the devs are taking it easy lets wait another year or maybe 3 years fk it im out for now

You should donate  1/2 of your holdings to the dev fund, that might speed things up.

One half of zero is zero!
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March 30, 2016, 02:16:19 AM
 #15891

You should donate  1/2 of your holdings to the dev fund, that might speed things up.

One half of zero is zero!

And if you're short, they should contribute to you?!

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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March 30, 2016, 02:20:16 AM
 #15892

You should donate  1/2 of your holdings to the dev fund, that might speed things up.

One half of zero is zero!

And if you're short, they should contribute to you?!

Common just sell ur bag so monero can go on without u
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March 30, 2016, 03:53:42 AM
 #15893

Those who saved their money in Bitcoin from $1 to $8 and then stopped because they didn't want to be 'overweight in Bitcoin' surely regretted it.  The smart ones bought Bitcoin all the way up to $30 and then all the way down to $2, and then back up.

I could own more XMR than I do.  But I think that if I own too much, then it is bad for the economy and the culture.  Most people don't want to get very wealthy.  Most who do want to get very wealthy probably shouldn't.  Personally, I am trying to maximize wealth because I have a purpose for it, which I consider very important, superceding my personal interests.  But even for that purpose, there is an optimal proportion of the XMR distribution which I seek to own.  If I own more, I prefer to sell.  I currently own too much of the current distribution, but not enough of the long-term distribution, so I feel free to accumulate, in a small way, until I own an optimal proportion of the 18mm XMR distributed before maintenance rewards kick in.  As the economy grows, that notional optimum will decrease over time: When there are goods and services being transacted in XMR routinely, the velocity of the float needs to be reasonable in order for the economy to grow.  If the velocity appears to be a limiting factor, I will definitely distribute, regardless of the price.

Focusing exclusively on maximizing personal wealth is not a good plan, in my opinion.  If you are just going to waste it on hedonic excess, I think you will soon find yourself on a meaningless hedonic treadmill.  The end thereof is death.  Personally, I seek to maximize meaningfulness.  That is a diverse, complex and moving target, but philanthropy certainly helps, as do healthy interpersonal relationships, and a project agenda.



In the Talmud it says: If I do not help myself, who will help me. If not now, when? And if only for me, who I am. I think that is the philosophy you have learned here.
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March 30, 2016, 04:08:22 AM
 #15894

Let me tell u the real problem with XMR.

its the devs, they dont work hard enough to make this wonderful coin succeed im waiting for 2 years for an GUI wallet not that i cant run a simplewallet !!!

its about adoption we need a GUI to go mainstream but the devs are taking it easy lets wait another year or maybe 3 years fk it im out for now

You should donate  1/2 of your holdings to the dev fund, that might speed things up.

That's pretty silly.

The GUI work is already funded, and it is under way. If someone thinks that mainstream adoption is right around the corner and the only thing holding it back is the GUI not being finished, and therefore "fuck it I'm out", I'm without words.



Yes, this is normally what happens when there is a big pump. We get some fair weather friends, the pump stalls or reverses a bit and they're gone as fast as they arrived. It's all good.


No all i see is 5 hours of work done a week so monero GUI will be released 30 weeks from now


The price will be also probably at ATH-levels by 30 weeks. I would not worry too much as long as the community in general considers Monero worthwhile to hold in their plastic bags.
Also, the main issue is the funding usually and it seems to me everything applied for funding has been also fulfilled. That's a huge thing and bullish. There is plenty of money but shortage of workers.
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March 30, 2016, 04:56:26 AM
Last edit: March 30, 2016, 05:42:49 AM by CrowdWhale
 #15895

I'm seeing an ascending channel 335-445k.

Momentum has shifted up and volume will begin spiking in an hour or two.

MACD 4 hour crossover imminent.

Current price: 360k

Prediction: Double top at 410-422. Another panic sell off back to the bottom of the channel. Rally to 500k on Tuesday, April 12th. =)
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March 30, 2016, 05:49:31 AM
 #15896

{fevered vision}

Cool story, Bro.  Seems legit.  If so, I am imagining something like:  First XMR to 422, then ETH to 3700, then XMR to 500, then ETH to 5000, then XMR to 920.  Which bubble pops first?  You know what I would pick as the sacrificial victim - and it isn't XMR.  It seems like ping-pong-ing funds between ETH and XMR might do some dramatic things to your net worth, if you could time it right.  I might even play that game with some small change, just to say I did it.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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March 30, 2016, 05:54:53 AM
 #15897

That sounded sarcastic Wink

ETH bubble will pop first. It's been going up longer and at a steeper pace. XMR will make a longer, more steady climb.
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March 30, 2016, 06:08:13 AM
 #15898

That sounded sarcastic Wink

It's just my resting bitch face.  I get that "surely you must be joking" reaction a lot Cheesy

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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March 30, 2016, 10:05:33 AM
 #15899

Are you seriously considering that we might getting to the top? Actually at this point or will go up or we crash. But i don't see any big news except the fact of the new GUI which is promissed only months later. This is my analysis based on MACD only.

I know you are trying to be positive, most people here have XMR invested, including me. But shouldn't we look at basics?



The volume tells you the whole history. Since Feb '16 is in a new whole level, therefore price should reach a new whole level as well. Maybe 2-4x more, so around .01 seem even conservative. .02 could be spot on in this wave, but could be way higher.
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March 30, 2016, 10:45:44 AM
 #15900

its getting increasingly harder to separate the people that are legitimately saying they think the price is going up from the people who are selling you 10k xmr and going short all while pointing at the moon.

guess its better to be richer than validated though..
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