[XMR] Monero Speculation

[TrueCryptonaire]

If you are newbie to crypto (and not tech savy) you quite fast discover btc transactions are public, then you might look for an alternative and you go to coinmarketcap and see Darkcoin (and you hear it all over as well). That's the exact reason why Darkcoin will be picked instead of XMR, most people will not research fully and they are satisfied with easy solution.

Therefore it is crucial to have higher marketcapitalization than Darkcoin IMO so that Monero will be the easy solution.

There is no more "Darkcoin."  

They abandoned the brand, its supporters, and its emphasis on privacy in favor of shiny new fads like instant tx and DAO claptrap.

XMR is now ~50% of Dash's cap and the trend indicates this capital diffusion will intensify.

On the important basis of liquidity, the two coins are neck and neck as far as which one has more buy orders and overall trade volume.

Do you think it is possible to reach the parity with Darkcoin (marketcapwise)?

[c789]

If you are newbie to crypto (and not tech savy) you quite fast discover btc transactions are public, then you might look for an alternative and you go to coinmarketcap and see Darkcoin (and you hear it all over as well). That's the exact reason why Darkcoin will be picked instead of XMR, most people will not research fully and they are satisfied with easy solution.

Therefore it is crucial to have higher marketcapitalization than Darkcoin IMO so that Monero will be the easy solution.

There is no more "Darkcoin."  

They abandoned the brand, its supporters, and its emphasis on privacy in favor of shiny new fads like instant tx and DAO claptrap.

XMR is now ~50% of Dash's cap and the trend indicates this capital diffusion will intensify.

On the important basis of liquidity, the two coins are neck and neck as far as which one has more buy orders and overall trade volume.

Do you think it is possible to reach the parity with Darkcoin (marketcapwise)?

I do. But even if it doesn't happen (unlikely, esp after GUI wallet release), privacy seekers will enjoy getting more of a superior coin (Monero) for less money. It would be a double-win for them.

[TrueCryptonaire]

If you are newbie to crypto (and not tech savy) you quite fast discover btc transactions are public, then you might look for an alternative and you go to coinmarketcap and see Darkcoin (and you hear it all over as well). That's the exact reason why Darkcoin will be picked instead of XMR, most people will not research fully and they are satisfied with easy solution.

Therefore it is crucial to have higher marketcapitalization than Darkcoin IMO so that Monero will be the easy solution.

There is no more "Darkcoin."  

They abandoned the brand, its supporters, and its emphasis on privacy in favor of shiny new fads like instant tx and DAO claptrap.

XMR is now ~50% of Dash's cap and the trend indicates this capital diffusion will intensify.

On the important basis of liquidity, the two coins are neck and neck as far as which one has more buy orders and overall trade volume.

Do you think it is possible to reach the parity with Darkcoin (marketcapwise)?

I do. But even if it doesn't happen (unlikely, esp after GUI wallet release), privacy seekers will enjoy getting more of a superior coin (Monero) for less money. It would be a double-win for them.

If you use Monero or any other crypto for transactions you do not care about the price.
If you want to buy a cup of coffee for 6.5 usd but pay with bitcoin, you do not care if they price of btc is 650 usd/ btc or 6.50 usd/ btc since you buy it at the same price from the markets that you spend it on coffee.

[iCEBREAKER]

If you are newbie to crypto (and not tech savy) you quite fast discover btc transactions are public, then you might look for an alternative and you go to coinmarketcap and see Darkcoin (and you hear it all over as well). That's the exact reason why Darkcoin will be picked instead of XMR, most people will not research fully and they are satisfied with easy solution.

Therefore it is crucial to have higher marketcapitalization than Darkcoin IMO so that Monero will be the easy solution.

There is no more "Darkcoin."  

They abandoned the brand, its supporters, and its emphasis on privacy in favor of shiny new fads like instant tx and DAO claptrap.

XMR is now ~50% of Dash's cap and the trend indicates this capital diffusion will intensify.

On the important basis of liquidity, the two coins are neck and neck as far as which one has more buy orders and overall trade volume.

Do you think it is possible to reach the parity with Darkcoin (marketcapwise)?

I believe it is inevitable.

What Peter Todd refers to as Dash's "bad crypto" will be broken eventually.

And the law will catch up with Duffield, especially if he keeps soliciting non-accredited investors with his "8-15% return on your money in the bank" HYIP at get-rich-quick seminars.

Dash will collapse from its own internal contradictions, including the security/privacy/decentralization theater.

Monero is only going up and is unstoppable, absent some fundamental new crypto discovery-based flaw that cannot be fixed.

When the GUI + Multisig + RingCT trifecta hits, the world will never be the same.  100% fungible e-cash will usher an era of egalitarian financial sovereignty, as Monero democratizes access to goods/services/privileges previously reserved for 0.01%-er plutocrats.

[c789]

@TC: Sorry - I should have made my point more clear. If a person has 0.5 BTC and they can buy Dash or Monero, they'll get more Monero (I believe the price will will rise, so it's an even better buy long term) than they will Dash, and they'll be getting a superior coin. That's what I meant by a double-win. I understand that at the point of purchase, the opportunity cost is the same. The differences are in the long term and in the amount of privacy you get.

[nioc]

If you use Monero or any other crypto for transactions you do not care about the price.
If you want to buy a cup of coffee for 6.5 usd but pay with bitcoin, you do not care if they price of btc is 650 usd/ btc or 6.50 usd/ btc since you buy it at the same price from the markets that you spend it on coffee.

$6.50 for a cup of coffee?  I thought you were frugal

I drink tea at $0.03 a cup.  Not long ago that difference would get you 25 Moneroj.  I can't believe 1 Monero was 5 and is now 40 deposit bottles.

Where do you think this poor boy got all his Moneroj?


Oh look, 29k sell wall at 301999/302000 

[TrueCryptonaire]

If you are newbie to crypto (and not tech savy) you quite fast discover btc transactions are public, then you might look for an alternative and you go to coinmarketcap and see Darkcoin (and you hear it all over as well). That's the exact reason why Darkcoin will be picked instead of XMR, most people will not research fully and they are satisfied with easy solution.

Therefore it is crucial to have higher marketcapitalization than Darkcoin IMO so that Monero will be the easy solution.

There is no more "Darkcoin."  

They abandoned the brand, its supporters, and its emphasis on privacy in favor of shiny new fads like instant tx and DAO claptrap.

XMR is now ~50% of Dash's cap and the trend indicates this capital diffusion will intensify.

On the important basis of liquidity, the two coins are neck and neck as far as which one has more buy orders and overall trade volume.

Do you think it is possible to reach the parity with Darkcoin (marketcapwise)?

I believe it is inevitable.

What Peter Todd refers to as Dash's "bad crypto" will be broken eventually.

And the law will catch up with Duffield, especially if he keeps soliciting non-accredited investors with his "8-15% return on your money in the bank" HYIP at get-rich-quick seminars.

Dash will collapse from its own internal contradictions, including the security/privacy/decentralization theater.

Monero is only going up and is unstoppable, absent some fundamental new crypto discovery-based flaw that cannot be fixed.

When the GUI + Multisig + RingCT trifecta hits, the world will never be the same.  100% fungible e-cash will usher an era of egalitarian financial sovereignty, as Monero democratizes access to goods/services/privileges previously reserved for 0.01%-er plutocrats.

At least pricewise it is still below ATH that was in 2014. And since bitcoinexpress fud attack it has been trading 0.001-0.004. It goes up when it breaks records.

[americanpegasus]

When the GUI + Multisig + RingCT trifecta hits, the world will never be the same.  100% fungible e-cash will usher an era of egalitarian financial sovereignty, as Monero democratizes access to goods/services/privileges previously reserved for 0.01%-er plutocrats.

 
 
Ooh.  My ears perked up.  This paragraph sings.

[TrueCryptonaire]

@TC: Sorry - I should have made my point more clear. If a person has 0.5 BTC and they can buy Dash or Monero, they'll get more Monero (I believe the price will will rise, so it's an even better buy long term) than they will Dash, and they'll be getting a superior coin. That's what I meant by a double-win. I understand that at the point of purchase, the opportunity cost is the same. The differences are in the long term and in the amount of privacy you get.

Yes demand will rise the price. If you study enough you may not buy Darkcoin but Darkflarb instead. However, average Junkie do not study which coin coin they use.

[TrueCryptonaire]

If you use Monero or any other crypto for transactions you do not care about the price.
If you want to buy a cup of coffee for 6.5 usd but pay with bitcoin, you do not care if they price of btc is 650 usd/ btc or 6.50 usd/ btc since you buy it at the same price from the markets that you spend it on coffee.

$6.50 for a cup of coffee?  I thought you were frugal

I drink tea at $0.03 a cup.  Not long ago that difference would get you 25 Moneroj.  I can't believe 1 Monero was 5 and is now 40 deposit bottles.

Where do you think this poor boy got all his Moneroj?


Oh look, 29k sell wall at 301999/302000 

I said you buy a cup of coffee.
Personally I make my own coffee from the cheapest quality which costs in local supermarket 1.80 euros per 500 grams. I don't use milk nor sugar, just black coffee, but I like it strong so I consume it pretty heavily per cup. I think the average price per cup is also some cents.

[TrueCryptonaire]

When the GUI + Multisig + RingCT trifecta hits, the world will never be the same.  100% fungible e-cash will usher an era of egalitarian financial sovereignty, as Monero democratizes access to goods/services/privileges previously reserved for 0.01%-er plutocrats.

 
 
Ooh.  My ears perked up.  This paragraph sings.

This good news should be preached all around youtube and blogs by a large population, make web pages that are targeted towards the potential buyers... Just massive marketing and pumping will create massive results. Minimal hype and pumping will create death via inflation.

[c789]

@TC: Sorry - I should have made my point more clear. If a person has 0.5 BTC and they can buy Dash or Monero, they'll get more Monero (I believe the price will will rise, so it's an even better buy long term) than they will Dash, and they'll be getting a superior coin. That's what I meant by a double-win. I understand that at the point of purchase, the opportunity cost is the same. The differences are in the long term and in the amount of privacy you get.

Yes demand will rise the price. If you study enough you may not buy Darkcoin but Darkflarb instead. However, average Junkie do not study which coin coin they use.

Lol - I'll concede that point

[iCEBREAKER]

When the GUI + Multisig + RingCT trifecta hits, the world will never be the same.  100% fungible e-cash will usher an era of egalitarian financial sovereignty, as Monero democratizes access to goods/services/privileges previously reserved for 0.01%-er plutocrats.

 
  
Ooh.  My ears perked up.  This paragraph sings.

This good news should be preached all around youtube and blogs by a large population, make web pages that are targeted towards the potential buyers... Just massive marketing and pumping will create massive results. Minimal hype and pumping will create death via inflation.

Unless it's a blimp and/or Superbowl ad, I'm against try-hard, pushy marketing.

Let shitcoins like Dash waste their money hiring craptastic PR firms, link-farming SEO ratfucks, and forum spammers.  We will do better.

Monero style is to work smarter, not harder.

We do that in our marketing by carefully approaching as individuals thought leaders in areas tangential to our own, and then, powered by the better-mousetrap effect, letting word of mouth do its job until we find our 100th monkey.

Aminorex and Risto have spoken to investment clubs, but perhaps not recently enough to have shared the latest good news and vision of my singing paragraph.

Let's see...

James Dines is a goldbug legend who told his readers to buy Bitcoin at (IIRC) about $10, perhaps less.  He's smart enough to easily grok the ethos here.

Jacob Rees-Mogg is currently a busy MP, but through his father has deep ties to the financial sovereignty communities.

Selling these guys on Monero should be like selling water to men dying of thirst.

But tact is key, as they have robust scam detection heuristics and we don't want to create false positives for red flags.

I'd like to get Jim Willie on board, but many years ago he declined my offer of free Bitcoins to play with and might be a little bitter about that (due to Not Invented Here syndrome)!  

Which other Bitcoin-friendly goldbugs should be on our list of prospective Mustangs?  All of them!

I see the Silver Doctors cover Bitcoin events....  

Kitco has been all over Bitcoin since the big rally.  Perhaps they should have an entire crypto.kitco.com subdomain devoted to this emerging sector?

I'd be shocked if the Winkii don't know about Monero, and the fact they've yet to mention it makes me suspect they're in stealth accumulation mode.  If they start an XMR ETF, the ticker "PONY" is available (just saying).

[TrueCryptonaire]

When the GUI + Multisig + RingCT trifecta hits, the world will never be the same.  100% fungible e-cash will usher an era of egalitarian financial sovereignty, as Monero democratizes access to goods/services/privileges previously reserved for 0.01%-er plutocrats.

 
  
Ooh.  My ears perked up.  This paragraph sings.

This good news should be preached all around youtube and blogs by a large population, make web pages that are targeted towards the potential buyers... Just massive marketing and pumping will create massive results. Minimal hype and pumping will create death via inflation.

Unless it's a blimp and/or Superbowl ad, I'm against try-hard, pushy marketing.

Let shitcoins like Dash waste their money hiring craptastic PR firms, link-farming SEO ratfucks, and forum spammers.  We will do better.

Monero style is to work smarter, not harder.

We do that in our marketing by carefully approaching as individuals thought leaders in areas tangential to our own, and then, powered by the better-mousetrap effect, letting word of mouth do its job until we find our 100th monkey.

Aminorex and Risto have spoken to investment clubs, but perhaps not recently enough to have shared the latest good news and vision of my singing paragraph.

Let's see...

James Dines is a goldbug legend who told his readers to buy Bitcoin at (IIRC) about $10, perhaps less.  He's smart enough to easily grok the ethos here.

Jacob Rees-Mogg is currently a busy MP, but through his father has deep ties to the financial sovereignty communities.

Selling these guys on Monero should be like selling water to men dying of thirst.

But tact is key, as they have robust scam detection heuristics and we don't want to create false positives for red flags.

I'd like to get Jim Willie on board, but many years ago he declined my offer of free Bitcoins to play with and might be a little bitter about that (due to Not Invented Here syndrome)!  

Which other Bitcoin-friendly goldbugs should be on our list of prospective Mustangs?  All of them!

I see the Silver Doctors cover Bitcoin events....  

Kitco has been all over Bitcoin since the big rally.  Perhaps they should have an entire crypto.kitco.com subdomain devoted to this emerging sector?

I'd be shocked if the Winkii don't know about Monero, and the fact they've yet to mention it makes me suspect they're in stealth accumulation mode.  If they start an XMR ETF, the ticker "PONY" is available (just saying).

There is no Darkflarb marketing at all. On the other hand, Darkcoin is pushing from everywhere. That's the reason the marketcap is twice higher and has been staying that range for a while now.

Personally I would be surprised if Winklevosses were buying Monero. So far there has not been any announcement on that. Definetely if they buy and announce it, it will give a nice boost for the Monero marketcap. But again, I do not believe unless I see.

[Dotto]

Most likely -primer and TrueCryptonaire are the winkilevii in stealth mode.

Also, Risto seems to be Mark Zuckerberg. The cryptokingdom is a smoke screen for facebook

[dEBRUYNE]

Eleventh dev meeting in approximately 4 hours (16:00 UTC). Dev meeting will be held at #monero-dev on freenode.

http://www.timeanddate.com/worldclock/converted.html?iso=20160717T16&p1=0&p2=56&p3=37&p4=102&p5=240&p6=136&p7=179&p8=137&p9=70&p10=28


Kovri (I2P) dev meeting in approximately 5 hours (17:00 UTC). Dev meeting can be followed at #monero-dev on freenode.

https://www.timeanddate.com/worldclock/converted.html?iso=20160717T17&p1=0&p2=56&p3=37&p4=102&p5=240&p6=136&p7=179&p8=137&p9=70&p10=28

[TrueCryptonaire]

Wow, I cannot believe it. Now it looks the price has started the usual thing, declining. If I bought when I was told here I would be losing now.
The value of my current Monero declines but it doesn't matter me. Now it is down 2.47 % and the today's chart look hopeless.

EDIT: Already -3.12%  
EDIT: -3.76% - I wonder where the bearish troll is Mr. Kavasaki....

[TheKoziTwo]

Wow, I cannot believe it. Now it looks the price has started the usual thing, declining. If I bought when I was told here I would be losing now.
The value of my current Monero declines but it doesn't matter me. Now it is down 2.47 % and the today's chart look hopeless.

It's been consolidating in this range ~0.0029-0.0031 for almost two weeks. Seems fine to me.

[DaveyJones]

yadayada

Mimimi stop your nonsense talk you said you don´t buy before the price does not go back to 100k. Nonsense in spamming the thread like you do all day all the time.
You are not speculating only thing we hear is you crying over and over

[TrueCryptonaire]

Wow, I cannot believe it. Now it looks the price has started the usual thing, declining. If I bought when I was told here I would be losing now.
The value of my current Monero declines but it doesn't matter me. Now it is down 2.47 % and the today's chart look hopeless.

EDIT: Already -3.12%  
EDIT: -3.76% - I wonder where the bearish troll is Mr. Kavasaki....

Mimimi stop your nonsense talk you said you don´t buy before the price does not go back to 100k. Nonsense in spamming the thread like you do all day all the time.
You are not speculating only thing we hear is you crying over and over

-5.14 %

Man, we are going down now. I hope we do not reach my buy zone though. Luckily we are long from it.
I kinda felt similarly than someone earlier - consolidation to 0.0025 is the spot we are heading towards.
Of course whales can surprise us and buy it all the way up to 0.004....