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Author Topic: [XMR] Monero Speculation  (Read 3312164 times)
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December 24, 2014, 07:52:00 PM
 #1901

Any guesses on what we can expect the XMR price to be circa the next BTC block reward halving in July 2016? Mine is around $80USD per XMR

I think XMR should have displaced BTC from dominance of dark markets by that time.  Hence I think something north of 80, in fact north of the peak SR1 era BTC market cap.  Without looking it up, float should be about 12 million, and a 2.4bn cap would put XMRUSD at 200.

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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December 24, 2014, 08:55:19 PM
Last edit: December 25, 2014, 12:31:37 AM by smooth
 #1902

Crypto-Kingdom development.

Crypto-Kingdom development is ongoing of course. The quarry subgame has been a great success and a preview of future engaging subgames. It was recently noted that the CK is on the third page of most viewed threads of all time in the alt area, and the thread is very active, so this ranking is sure to move higher.

There is a hint of a market-relevant development in one of the latest status reports.

We confirm the rumor that the distant land of Polonia has an exchange where some of our gold might be listed. If it happens, it will be timed to coincide around the release of V.4 playable online version, and the condition is that the existing characters transfer some of their gold there with the intention to sell it. Otherwise the liquidity will not be meaningful.
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December 25, 2014, 03:19:23 AM
 #1903

I'm confident it will die, it is unfinished technically, yet  the technology exists to finish it. So nobody with means is investing, just he same people. There s no need for it either, BTC is the only coin that has a chance due to familiarity.

XMR is niche, it has to stay small. If it attempts to dominate it will fail.

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December 25, 2014, 07:29:57 AM
 #1904

I'm confident it will die, it is unfinished technically, yet  the technology exists to finish it. So nobody with means is investing, just he same people. There s no need for it either, BTC is the only coin that has a chance due to familiarity.

XMR is niche, it has to stay small. If it attempts to dominate it will fail.


Still trying to buy low huh.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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December 25, 2014, 07:38:59 AM
 #1905

Crypto-Kingdom development.

Crypto-Kingdom development is ongoing of course. The quarry subgame has been a great success and a preview of future engaging subgames. It was recently noted that the CK is on the third page of most viewed threads of all time in the alt area, and the thread is very active, so this ranking is sure to move higher.

There is a hint of a market-relevant development in one of the latest status reports.

We confirm the rumor that the distant land of Polonia has an exchange where some of our gold might be listed. If it happens, it will be timed to coincide around the release of V.4 playable online version, and the condition is that the existing characters transfer some of their gold there with the intention to sell it. Otherwise the liquidity will not be meaningful.

How do you see this affects on XMR if CKG is listed? Isn't it a competitor to XMR?
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December 25, 2014, 07:43:18 AM
 #1906

I'm confident it will die, it is unfinished technically, yet  the technology exists to finish it. So nobody with means is investing, just he same people. There s no need for it either, BTC is the only coin that has a chance due to familiarity.

XMR is niche, it has to stay small. If it attempts to dominate it will fail.

Nice try. I want the price lower, too.  Grin  Roll Eyes

I remind you there is a clear need for privacy and this is probably the only niche which btc doesn't serve - and it is kind of expected from cryptocurrencies.

Also I want to remind you about the fact that the current community is capable to buy it much higher price but we prefer buying it low (yes, current price is comparatively low if we consider My Target Price which is Moontm).
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December 25, 2014, 09:12:39 AM
 #1907

Crypto-Kingdom development.

Crypto-Kingdom development is ongoing of course. The quarry subgame has been a great success and a preview of future engaging subgames. It was recently noted that the CK is on the third page of most viewed threads of all time in the alt area, and the thread is very active, so this ranking is sure to move higher.

There is a hint of a market-relevant development in one of the latest status reports.

We confirm the rumor that the distant land of Polonia has an exchange where some of our gold might be listed. If it happens, it will be timed to coincide around the release of V.4 playable online version, and the condition is that the existing characters transfer some of their gold there with the intention to sell it. Otherwise the liquidity will not be meaningful.

How do you see this affects on XMR if CKG is listed? Isn't it a competitor to XMR?

I don't think it is a competitor at all. To me it looks more like equity than a currency.

As for why it might be positive for XMR, that is indirect. Floating CKG might enormously increase exposure of the game, and the game is pretty much the only actual use for XMR right now. So I view this as CKG float -> game exposure -> XMR use and exposure -> XMR demand.

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December 25, 2014, 10:54:46 AM
 #1908

Crypto-Kingdom development.

Crypto-Kingdom development is ongoing of course. The quarry subgame has been a great success and a preview of future engaging subgames. It was recently noted that the CK is on the third page of most viewed threads of all time in the alt area, and the thread is very active, so this ranking is sure to move higher.

There is a hint of a market-relevant development in one of the latest status reports.

We confirm the rumor that the distant land of Polonia has an exchange where some of our gold might be listed. If it happens, it will be timed to coincide around the release of V.4 playable online version, and the condition is that the existing characters transfer some of their gold there with the intention to sell it. Otherwise the liquidity will not be meaningful.

How do you see this affects on XMR if CKG is listed? Isn't it a competitor to XMR?

I don't think it is a competitor at all. To me it looks more like equity than a currency.

As for why it might be positive for XMR, that is indirect. Floating CKG might enormously increase exposure of the game, and the game is pretty much the only actual use for XMR right now. So I view this as CKG float -> game exposure -> XMR use and exposure -> XMR demand.



Hmm..
What will be the currency the CKG will be traded?

Do you need also XMR to play the game or is it possible just buy with BTC some CKG and then start playing (which actually supports BTC and CKG instead of solely XMR)?

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December 25, 2014, 11:54:31 AM
 #1909

What will be the currency the CKG will be traded?

Do you need also XMR to play the game or is it possible just buy with BTC some CKG and then start playing (which actually supports BTC and CKG instead of solely XMR)?

CKG is an ingame resource and equity. You can only buy it with XMR ingame, and possibly in Poloniex also. Buying XMR with BTC is very easy.

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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December 25, 2014, 11:57:27 AM
 #1910

What will be the currency the CKG will be traded?

Do you need also XMR to play the game or is it possible just buy with BTC some CKG and then start playing (which actually supports BTC and CKG instead of solely XMR)?

CKG is an ingame resource and equity. You can only buy it with XMR ingame, and possibly in Poloniex also. Buying XMR with BTC is very easy.

So Poloniex is not going to add pairings of CKG/BTC but only CKG/XMR?
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December 25, 2014, 12:05:48 PM
 #1911

What will be the currency the CKG will be traded?

Do you need also XMR to play the game or is it possible just buy with BTC some CKG and then start playing (which actually supports BTC and CKG instead of solely XMR)?

CKG is an ingame resource and equity. You can only buy it with XMR ingame, and possibly in Poloniex also. Buying XMR with BTC is very easy.

So Poloniex is not going to add pairings of CKG/BTC but only CKG/XMR?

that would be nice Cheesy
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December 25, 2014, 12:15:11 PM
 #1912

What will be the currency the CKG will be traded?

Do you need also XMR to play the game or is it possible just buy with BTC some CKG and then start playing (which actually supports BTC and CKG instead of solely XMR)?

CKG is an ingame resource and equity. You can only buy it with XMR ingame, and possibly in Poloniex also. Buying XMR with BTC is very easy.

So Poloniex is not going to add pairings of CKG/BTC but only CKG/XMR?

that would be nice Cheesy

Yup.
Otherwise it probably supports more bitcoin's demand than xmr since more people in Poloniex own btc than xmr.

BTC doesn't need that much support anymore since it is relatively established. Monero isn't yet.
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December 25, 2014, 12:31:48 PM
 #1913

i would certainly move some gold to polo and put some nice asks in the oder book Smiley
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December 25, 2014, 06:33:37 PM
 #1914

Crypto-Kingdom development.

Crypto-Kingdom development is ongoing of course. The quarry subgame has been a great success and a preview of future engaging subgames. It was recently noted that the CK is on the third page of most viewed threads of all time in the alt area, and the thread is very active, so this ranking is sure to move higher.

There is a hint of a market-relevant development in one of the latest status reports.

We confirm the rumor that the distant land of Polonia has an exchange where some of our gold might be listed. If it happens, it will be timed to coincide around the release of V.4 playable online version, and the condition is that the existing characters transfer some of their gold there with the intention to sell it. Otherwise the liquidity will not be meaningful.

How do you see this affects on XMR if CKG is listed? Isn't it a competitor to XMR?

I don't think it is a competitor at all. To me it looks more like equity than a currency.

As for why it might be positive for XMR, that is indirect. Floating CKG might enormously increase exposure of the game, and the game is pretty much the only actual use for XMR right now. So I view this as CKG float -> game exposure -> XMR use and exposure -> XMR demand.



Hmm..
What will be the currency the CKG will be traded?

Do you need also XMR to play the game or is it possible just buy with BTC some CKG and then start playing (which actually supports BTC and CKG instead of solely XMR)?

There is a bit of confusion since it seems "gold" is referring to the historical use of gold as a currency, but that's not really the case.

The main in-game currency is moneritos, which are one millionth of an XMR. Gold is a special "rare" asset, not the currency. Gold pays dividends in moneritos (also stone, but I understand that will end), derived from the surplus of the game itself (from taxes, fees, etc.). Gold is required (or at least helpful) in the game to "level up" to higher ranks. In the upcoming version of the game, you will earn a tiny amount of gold for free by playing, but if you want more you will have to buy it, either in-game or perhaps in the distant kingdom of Polonia.


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December 25, 2014, 09:27:33 PM
 #1915

I'm wondering how can XMR rise +50% without there being a big uumph about it?

To me, this is extremely bullish. Sharp and strong rise, with no hype whatsoever, people apathetic  Huh

Do you believe the rise will not be able to make anyone interested? Well, I don't think so. On the contrary, only a dump to the new lows in a timeframe of a week or so can make the train stop anymore. To get to 0.0009, about 132,000 XMR is needed.

HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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December 25, 2014, 09:34:00 PM
 #1916

Of course it's bullish but shhh don't jinx it. You're disturbing my buy orders.
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December 25, 2014, 09:40:05 PM
 #1917

What will be the currency the CKG will be traded?

Do you need also XMR to play the game or is it possible just buy with BTC some CKG and then start playing (which actually supports BTC and CKG instead of solely XMR)?

CKG is an ingame resource and equity. You can only buy it with XMR ingame, and possibly in Poloniex also. Buying XMR with BTC is very easy.

So Poloniex is not going to add pairings of CKG/BTC but only CKG/XMR?

Either way you still need XMR to play the game (unless you want to wait for the very slow accumulation of free CKG to give you a very, very small accumulation of free XMR -- like a faucet).
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December 25, 2014, 10:13:43 PM
 #1918

Of course it's bullish but shhh don't jinx it. You're disturbing my buy orders.

It is bullish THAT it is not celebrated.

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December 25, 2014, 10:42:12 PM
 #1919

Of course it's bullish but shhh don't jinx it. You're disturbing my buy orders.

It is bullish THAT it is not celebrated.

It is not celebrated because the previous bear market towards the end was driven in a significant way by greed (sell low hoping to buy lower) rather than fear.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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December 25, 2014, 10:46:07 PM
 #1920

Of course it's bullish but shhh don't jinx it. You're disturbing my buy orders.

It is bullish THAT it is not celebrated.

It is not celebrated because the previous bear market towards the end was driven in a significant way by greed (sell low hoping to buy lower) rather than fear.

And simply because it was so much expected anyway. (easy to say after the fact... but true nevertheless).

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
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