[XMR] Monero Speculation

[phishead]

It blows me away when I think that no fiat actually enters the crypto economy.  
  
People simply trade away the fiat which they consider less valuable to get their hands on crypto.  The only thing entering the system is human belief and a new human who agrees in the rising value of crypto.

I've never really thought about it that way... And that just goes to prove that things are becoming more and more digitalized; so if that's the case, why not make a system that doesn't require human intervention/politics, using resources to print notes unnecessarily, and creating perpetual debt for citizens. Seems prefectural logical to me... But unfortunately people stick to what's "comfortable" and not "logical".

[Hueristic]

It blows me away when I think that no fiat actually enters the crypto economy.  
  
People simply trade away the fiat which they consider less valuable to get their hands on crypto.  The only thing entering the system is human belief and a new human who agrees in the rising value of crypto.

I've never really thought about it that way... And that just goes to prove that things are becoming more and more digitalized; so if that's the case, why not make a system that doesn't require human intervention/politics, using resources to print notes unnecessarily, and creating perpetual debt for citizens. Seems prefectural logical to me... But unfortunately people stick to what's "comfortable" and not "logical".

No TPTB use all means to resist change that may lower or remove their power. It has nothing to do with people sticking to whats comfortable.

[wpalczynski]

Monero is remarkably stable in terms of BTC price, not much selling occurring during BTC spikes. Seems very bullish.

[Hueristic]

Looks like we had a double shake out, btc and xmr.

Very bullish!

[Kramerc]

I confirm. I longed today and then got shaken out at break even. Dayum that 10% profit

[obit33]

Will we break through?

[phishead]

https://bitcoinmagazine.com/articles/shuffling-coins-to-protect-privacy-and-fungibility-a-new-take-on-traditional-mixing-1465934826

Shuffling Coins to Protect Privacy and Fungibility: A New Take on Traditional Mixing

- TLDR; talks about coinshuffle and coinshuffle++ being the best alternative rather than any mention of Monero.

[Hueristic]

https://bitcoinmagazine.com/articles/shuffling-coins-to-protect-privacy-and-fungibility-a-new-take-on-traditional-mixing-1465934826

Shuffling Coins to Protect Privacy and Fungibility: A New Take on Traditional Mixing

- TLDR; talks about coinshuffle and coinshuffle++ being the best alternative rather than any mention of Monero.

Hah, I stopped reading at this!

Bitcoin right now is not really anonymous

Are their readers still under the impression they are anon. Funny they throw "really" in there to soften the blow. Lol

[Johnny Mnemonic]

- TLDR; talks about coinshuffle and coinshuffle++ being the best alternative rather than any mention of Monero.

Shocker.

I'm still waiting for the fud storm that XMR is mined entirely by malware.

[Hueristic]

- TLDR; talks about coinshuffle and coinshuffle++ being the best alternative rather than any mention of Monero.

Shocker.

I'm still waiting for the fud storm that XMR is mined entirely by malware.

Just recheck this thread every 50 pages or so and you'll see that as you well know!

What do you guys think BTC will pop at? I'm thinking if this isn't close then it may peak 850 but I don't think it's going much higher. But I really have no clue on btc movements. I'm going to cash out and wait for it to drop to rebuy, I figure about a month but who knows?

[dEBRUYNE]

- TLDR; talks about coinshuffle and coinshuffle++ being the best alternative rather than any mention of Monero.

Shocker.

I'm still waiting for the fud storm that XMR is mined entirely by malware.

It has started on r/monero:

https://www.reddit.com/r/Monero

Americanpegasus, please delete all other posts except the initial one. Makes no sense to have multiple threads for this.

[phishead]

...

I'm still waiting for the fud storm that XMR is mined entirely by malware.

It has started on r/monero:

https://www.reddit.com/r/Monero

Americanpegasus, please delete all other posts except the initial one. Makes no sense to have multiple threads for this.

I'm still dumbfounded by how many people (or one person) needs to create a new reddit username that relates to each monero story.  I'm sure there is someone out there sitting on double digit amount of random quirky monero names that relate to some odd topic.

... I'm calling you out /u/darkflarb. 

[slapper]

Most likely the operation primer-'s peddles around in the XMR threads, so there 

[americanpegasus]

- TLDR; talks about coinshuffle and coinshuffle++ being the best alternative rather than any mention of Monero.

Shocker.

I'm still waiting for the fud storm that XMR is mined entirely by malware.

It has started on r/monero:

https://www.reddit.com/r/Monero

Americanpegasus, please delete all other posts except the initial one. Makes no sense to have multiple threads for this.

Wilco- I am traveling so am not always in reach of the Internet.  You have been one of the best voices of reason in recent months, and the question has been raised as to whether you should help mod on /r/Monero.  Are you interested?  
  
Job perks include being under constant scrutiny by the community and eventual accusations of censorship.  Your reward is a sense of contributing to one of the most important projects on the planet, and in the history of civilization. 

[dEBRUYNE]

- TLDR; talks about coinshuffle and coinshuffle++ being the best alternative rather than any mention of Monero.

Shocker.

I'm still waiting for the fud storm that XMR is mined entirely by malware.

It has started on r/monero:

https://www.reddit.com/r/Monero

Americanpegasus, please delete all other posts except the initial one. Makes no sense to have multiple threads for this.

Wilco- I am traveling so am not always in reach of the Internet.  You have been one of the best voices of reason in recent months, and the question has been raised as to whether you should help mod on /r/Monero.  Are you interested?  
  
Job perks include being under constant scrutiny by the community and eventual accusations of censorship.  Your reward is a sense of contributing to one of the most important projects on the planet, and in the history of civilization. 

Only if it wouldn't require that much additional time. Also, thanks for the kind words.

[Febo]

I dont understand that compared to last half year, last 2 weeks rare is selling Moneros. Why this sudden change. Did all who wanted BTC for halving already sold them in past half year? Or something is expecting?

[novag]

I think wiil be - Monero >= LTC!

[Monerobuyer0]

Why this sudden change. Did all who wanted BTC for halving already sold them in past half year?

This.  Everyone who doesnt really believe in Monero got out already when btc rose.
The remaining holders actually want Monero.  (And most of us are probably well diversified between monero and btc and thus dont really need to sell one for the other).

[rangedriver]

Why this sudden change. Did all who wanted BTC for halving already sold them in past half year?

This.  Everyone who doesnt really believe in Monero got out already when btc rose.
The remaining holders actually want Monero.  (And most of us are probably well diversified between monero and btc and thus dont really need to sell one for the other).

Not necessarily true, and in fact, quite possibly the opposite.

Those who understand Monero's long-term potential would want to acquire Monero at cheap prices - a feat that would invariably involve temporarily jumping on a rising BTC train. I think that it's a bastion of human nature that people want good stuff as cheaply as possible... and Monero is clearly good stuff.

All that remains is the strategy employed. For some, there are no moral or legal boundaries. For others, it's a case of careful study of the trading variables and acting accordingly.

Believing in Monero, however, comes easily. It's the belief in where the charts will go tis the biggest headache.

[americanpegasus]

The answer is surprisingly simple, yet infuriating.  Buy Monero, secure it in cold storage, and then help build the Monero economy and community.  Don't worry about the price. 
 
For example, if Bitcoin goes up, but so does Monero's BTC ratio, getting out of Monero temporarily to ride the Bitcoin wave up will ultimately hurt your XMR holdings.