[XMR] Monero Speculation

[mambamanagement]

lol primer- ragequit 

Poor guy, sorry you can't get as much free money as you used to :'[

Trying to stay on topic, I'm expecting BTC to move up over 700 at least and XMR to fall back under 0.0025 in the next week or so.

id be shocked. i feel as if I'm buying at a discount around 1.75-1.80

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[primer-]

It is highly secure network. 100 cards and almost nothing.

I wouldn't be surprised if XMR gets its own "attacker". If botnet operators get together (these guys keep in touch via one Chinese forum) they could easily wreak havoc - double spend or worse...

I've never heard core devs mention possibility of PoW algo change... Make 16GB RAM a requirement and 80%+ of botnets (low spec machines in latin america, china and russia) will be gone forever...

[noobtrader]

It is highly secure network. 100 cards and almost nothing.

I wouldn't be surprised if XMR gets its own "attacker". If botnet operators get together (these guys keep in touch via one Chinese forum) they could easily wreak havoc - double spend or worse...

I've never heard core devs mention possibility of PoW algo change... Make 16GB RAM a requirement and 80%+ of botnets (low spec machines in latin america, china and russia) will be gone forever...

nonsensical theory, and racist, monero ppl are not racist and never insult other based of race, sex, gender neither of hair color.  

btw...

anyone here smart money, moving into dash due to these news https://twitter.com/officialmcafee/status/755909816766205952

[iCEBREAKER]

It is highly secure network. 100 cards and almost nothing.

That's awesome.

The issue of fraud compatibility has created an Ethereum Civil War.

https://bitcointalk.org/index.php?topic=428589.msg15660758#msg15660758
https://bitcointalk.org/index.php?topic=1559630.0

It's good to know Monero, specifically in terms of network strength, is structurally incompatible with fraud.   



BTW primer, nice whiny ragequit.   

[thelibertycap]

It is highly secure network. 100 cards and almost nothing.

I wouldn't be surprised if XMR gets its own "attacker". If botnet operators get together (these guys keep in touch via one Chinese forum) they could easily wreak havoc - double spend or worse...

I've never heard core devs mention possibility of PoW algo change... Make 16GB RAM a requirement and 80%+ of botnets (low spec machines in latin america, china and russia) will be gone forever...

I don't think it is in the best interest of all of us to limit botnets - except for you perhaps. Monero is build to be ASIC resistant because we want to make it impossible for single entity or a cartel with enough money to build hardware to own the network.
Botnets can not collude easily because they are in fact illegal and have to hide from public. As monero grows more international and well known, some chinese botnet operators on your local irc channel will form only a tiny but important fraction - in fact it is not only more decentralized but a cheaper way of transaction processing (perhaps even more eco friendly because botnets use otherwise unused resources)

[Dotto]

It is highly secure network. 100 cards and almost nothing.

I wouldn't be surprised if XMR gets its own "attacker". If botnet operators get together (these guys keep in touch via one Chinese forum) they could easily wreak havoc - double spend or worse...

I've never heard core devs mention possibility of PoW algo change... Make 16GB RAM a requirement and 80%+ of botnets (low spec machines in latin america, china and russia) will be gone forever...

LOL, such a funny crying duck!

If they do this to help you get your free lunch, the attack would be one or two magnitudes easier to achieve.

[Hueristic]

lol primer- ragequit 

Poor guy, sorry you can't get as much free money as you used to :'[

Trying to stay on topic, I'm expecting BTC to move up over 700 at least and XMR to fall back under 0.0025 in the next week or so.

I still expect BTC to be supported @666 from china and see xmr taper off for awhile before the next bull run. I would guess absolute floor before next run being .0018. So weird using period after numbers to end sentence, english is so illogical.

Primer are you trying to buy back in? I heard TrueTroll has some to lend you.

[Febo]

It is highly secure network. 100 cards and almost nothing.

I wouldn't be surprised if XMR gets its own "attacker". If botnet operators get together (these guys keep in touch via one Chinese forum) they could easily wreak havoc - double spend or worse...

I've never heard core devs mention possibility of PoW algo change... Make 16GB RAM a requirement and 80%+ of botnets (low spec machines in latin america, china and russia) will be gone forever...

Miners secure the network. Their motivation is to get secure coins for a reward that they get to keep network secure.

To get coins of an unsecure network would demotivate them and would stop to mine.

[noobtrader]

how come i was trolling if my answer was similiar to those answer above

Monero is so unprofitable to mine for the average Joe that I believe 90% are botnets.. Sad...

It seems you are wrong and is quite profitable to mine.

There are a lot of different measures of value for a coin like XMR. There is the current value in btc on exchanges, there is the hopium value, supported by assorted conjectures and beliefs wrt the relationship between features (like a new GUI) and price, there is the ideological view of value, usually supported by assertions and beliefs wrt features a coin provides (like anonymity) and their perceived effect on future adoption and then there is the real value, which is somewhere just above the cost of producing a coin.

I mine, but not monero. I asked because I was curious how closely the exchange value in btc approaches the cost of mining at this time.

well, the most efficient way to mine is probably the 750 ti.

At current network difficulty, thats 0.09 xmr / day.

The card pulls ~33 watts.

At a rate of 12 cents / kWh, thats $0.09504 per day.

so if any of the math works, thats roughly 95 cents per xmr. So right now its very profitable to mine, if hardware is all paid for.

$0.095 per day on a single card, so a 100 card farm would make $9/day Just go outside and sell lemonade, you'll make more.

Monero is run by botnets, period. I can account for 11MH/s (almost 50% of total net hash)  spread across 17 wallets of pure botnet power (got proof, willing to share for 1btc escrow).

stop making accusation already, we all know that all monero miner are honest law abiding citizen and they also has alot of clue how to mine monero with utmost efficiency and prifitabitily. 

if still accusing like that, what else will u say, that monero ppl make botnet then   pls stop this nonsensical accusation !!!   monero is highly profitable and there is no botnet mining monero, its all legit miner with awesome expertise in mining technology. 

[smooth]

Make 16GB RAM a requirement and 80%+ of botnets (low spec machines in latin america, china and russia) will be gone forever...

Along with 99% of the users. There is no distinction that the blockchain can make between botnets and grandma.

[Dotto]

.0018? This leg down is quite low in volume...

Im seeing more like .00249 floor and .00335 next leg up, but who knows

[BlindMayorBitcorn]

Geez fellas, xcoin/darkcoin/dash almost 9 bucks?
This must suck, for you.  

/troll
(You're welcome)

[generalizethis]

Geez fellas, xcoin/darkcoin/dash almost 9 bucks?
This must suck, for you. 

/troll
(Your welcome)

What was the top price paid for beanie babies back in the day?

"These things will be heirlooms, collectables for years to come, yadda, yadda, yadda...."

"But dude, they don't DO anything."

"The craze is only growing, this one here is in high demand and may be worth a house one day --"

"But they don't do anything."

"And this is one of my favorites, everyone adors this one, some day it may be worth 10X--"

"But it doesn't do anything....."

[smoothie]

.0018? This leg down is quite low in volume...

Im seeing more like .00249 floor and .00335 next leg up, but who knows

for the movement in the price...the volume is very low.

I smell accumulation in the air.

[nioc]

Geez fellas, xcoin/darkcoin/dash almost 9 bucks?
This must suck, for you.  

/troll
(You're welcome)

"Oh never mind those ninnies," cried Coralie, springing upon his knee and putting her beautiful arms about his neck.


I have the complete works.  Not the originals but over 100 years old.

It's amazing that twice I pulled the first quote of a book and it fits your post well.

Balzac the Magic 8 Ball.

[BlindMayorBitcorn]

Geez fellas, xcoin/darkcoin/dash almost 9 bucks?
This must suck, for you.  

/troll
(You're welcome)

"Oh never mind those ninnies," cried Coralie, springing upon his knee and putting her beautiful arms about his neck.


I have the complete works.  Not the originals but over 100 years old.

It's amazing that twice I pulled the first quote of a book and it fits your post well.

Balzac the Magic 8 Ball.

Sophisticated

[noobtrader]

Geez fellas, xcoin/darkcoin/dash almost 9 bucks?
This must suck, for you. 

/troll
(Your welcome)

What was the top price paid for beanie babies back in the day?

"These things will be heirlooms, collectables for years to come, yadda, yadda, yadda...."

"But dude, they don't DO anything."

"The craze is only growing, this one here is in high demand and may be worth a house one day --"

"But they don't do anything."

"And this is one of my favorites, everyone adors this one, some day it may be worth 10X--"

"But it doesn't do anything....."

howcome it become "awesome technology" if it does nothing
LOOOLLLLL

[jwinterm]

Wow an insane murderer ( http://jeffwise.net/2014/07/03/tech-guru-john-mcafee-found-liable-in-2006-death-case/ and http://www.networkworld.com/article/3032149/security/belizean-law-enforcement-fbi-reportedly-question-john-mcafee-s-ex-girlfriend.html ) that calls his own product a scam ( http://www.ibtimes.co.uk/john-mcafee-mcafee-antivirus-one-worst-products-planet-1516462 ) supports Dash! Why am I not buying it yesterday?!?

[generalizethis]

Wow an insane murderer ( http://jeffwise.net/2014/07/03/tech-guru-john-mcafee-found-liable-in-2006-death-case/ and http://www.networkworld.com/article/3032149/security/belizean-law-enforcement-fbi-reportedly-question-john-mcafee-s-ex-girlfriend.html ) that calls his own product a scam ( http://www.ibtimes.co.uk/john-mcafee-mcafee-antivirus-one-worst-products-planet-1516462 ) supports Dash! Why am I not buying it yesterday?!?

He also offered to break that famous iPhone, so.....maybe he likes playing Russian Roulette with our privacy.

[Kramerc]

Geez fellas, xcoin/darkcoin/dash almost 9 bucks?
This must suck, for you.  

/troll
(You're welcome)

Simply better coins.