[XMR] Monero Speculation

[Blazin8888]

Interesting XMR - BITCOIN - ESPERANTO read: http://www.coindesk.com/can-bitcoin-learn-failure-global-language-esperanto/

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[1714893906]

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[Hueristic]

Interesting XMR - BITCOIN - ESPERANTO read: http://www.coindesk.com/can-bitcoin-learn-failure-global-language-esperanto/

I've noted you have become a bull lately.

[Blazin8888]

Interesting XMR - BITCOIN - ESPERANTO read: http://www.coindesk.com/can-bitcoin-learn-failure-global-language-esperanto/

I've noted you have become a bull lately.

This project is genius. I just wish I realized it earlier ive been here so long....regardless, thankful Im here now. I think we could all be apart of something huge. Hopefully we can all do some good with our wealth. - times are getting more crazy in 2016

What are your thoughts on this device ? Apricorn Aegis Secure Key 8 GB Encrypted Flash Drive - USB 3.0  
Is there a trusted XMR hard wallet?

[Drhiggins]

Does anyone see bitcoin having a small bubble, maybe to $2,000 and monero going 10x-1000x?

Or will bitcoin languish in a trading range, between $500 to $700, for the foreseeable future?

If I had to guess I would guess this:

The global economy is sort of melting down at the moment. International trade is cratering with governments competing to devalue faster. Governments have been printing a lot and they probably will continue to. We havnt seen much price inflation in the consumer sector because most of the excess liquidity has gone towards creating price inflation in the stock, bond and real estate markets. They are in extreme bubble territory. Particularly the bond market with +14 trillion in sovereign bonds yielding incomprehensible irrational illogical negative interest rates. When these bubbles pop that capitalization is going to slosh into other places. The main two places for investors seeking safe haven liquidity will be precious metals for conservatives and crypto for progressives. When this title wave comes into crypto they arent going to know about anything besides bitcoin at first. So expect to see a massive jump in bitcoin with other cryptos lagging behind. Then they will start to research and become interest in alts and some of that capitalization will start to flow out of bitcoin and into altcoins.

I agree Anon. What you say about traditional world currencies is true.  Devalue devalue devalue as of late and I think we are on the verge of seeing the dollar fall from favor.  We have multiple countries using gold again to back their currencies and the U.S. well, they just keep printing money with nothing really backing it.  I'm seeing more and more that decentralization and privacy is the key to the future of money. 

If the U.S. dollar has a sudden fall which some experts are warning of then we will see some folks turn to crypto's and altcoins as you say.  Inflation in the U.S. is of real concern now especially since the Fed has decided to print and print and print.  We are on the tipping point of big changes and I foresee the U.S. dollar not being the dominate fiat currency any longer. 

[elrippo]

So, this artificial pump is over in a few days and XMR will have time to consolidate until December back to 0.0018 - 0.0024
I hope you guys are selling your coins and getting them back in December, because this was a Marketmakerpump starting with somewhat 1000BTC and now ending slowly  

[Drhiggins]

Interesting XMR - BITCOIN - ESPERANTO read: http://www.coindesk.com/can-bitcoin-learn-failure-global-language-esperanto/

I've noted you have become a bull lately.

This project is genius. I just wish I realized it earlier ive been here so long....regardless, thankful Im here now. I think we could all be apart of something huge. Hopefully we can all do some good with our wealth. - times are getting more crazy in 2016

What are your thoughts on this device ? Apricorn Aegis Secure Key 8 GB Encrypted Flash Drive - USB 3.0  
Is there a trusted XMR hard wallet?

There has been some work on the Trezor for Monero but I'm not all up on the details.

[Hueristic]

Interesting XMR - BITCOIN - ESPERANTO read: http://www.coindesk.com/can-bitcoin-learn-failure-global-language-esperanto/

I've noted you have become a bull lately.

This project is genius. I just wish I realized it earlier ive been here so long....regardless, thankful Im here now. I think we could all be apart of something huge. Hopefully we can all do some good with our wealth. - times are getting more crazy in 2016

What are your thoughts on this device ? Apricorn Aegis Secure Key 8 GB Encrypted Flash Drive - USB 3.0  
Is there a trusted XMR hard wallet?

There has been some work on the Trezor for Monero but I'm not all up on the details.

there has been alot ofg work and there is a bounty. I think maye it was from saddam? My memory sucks and i'm too lazy to search.

EDIT: I been drinking and don care. drown your sorrows

[smoothie]

"Why Monero May Become The Best Performing Altcoin of 2016"

https://bitcoinnewsmagazine.com/why-monero-may-become-the-best-performing-altcoin-of-2016/

[Blazin8888]

Interesting XMR - BITCOIN - ESPERANTO read: http://www.coindesk.com/can-bitcoin-learn-failure-global-language-esperanto/

I've noted you have become a bull lately.

This project is genius. I just wish I realized it earlier ive been here so long....regardless, thankful Im here now. I think we could all be apart of something huge. Hopefully we can all do some good with our wealth. - times are getting more crazy in 2016

What are your thoughts on this device ? Apricorn Aegis Secure Key 8 GB Encrypted Flash Drive - USB 3.0  
Is there a trusted XMR hard wallet?

There has been some work on the Trezor for Monero but I'm not all up on the details.

there has been alot ofg work and there is a bounty. I think maye it was from saddam? My memory sucks and i'm too lazy to search.

EDIT: I been drinking and don care. drown your sorrows

Cheers brother. Respect for you finding this project very early. I have read the early posts of this thread and other XMR related threads. Congrats. Glad to be on the ride with yall. God bless the USA and the future of Crypto

The rise and rise of XMR: https://bitcointalk.org/index.php?topic=1595182.0

[smoothie]

So, this artificial pump is over in a few days and XMR will have time to consolidate until December back to 0.0018 - 0.0024
I hope you guys are selling your coins and getting them back in December, because this was a Marketmakerpump starting with somewhat 1000BTC and now ending slowly  

How is it artificial?

Care to provide proof of your claims?

[DaveyJones]

Interesting XMR - BITCOIN - ESPERANTO read: http://www.coindesk.com/can-bitcoin-learn-failure-global-language-esperanto/

I've noted you have become a bull lately.

This project is genius. I just wish I realized it earlier ive been here so long....regardless, thankful Im here now. I think we could all be apart of something huge. Hopefully we can all do some good with our wealth. - times are getting more crazy in 2016

What are your thoughts on this device ? Apricorn Aegis Secure Key 8 GB Encrypted Flash Drive - USB 3.0  
Is there a trusted XMR hard wallet?

https://forum.getmonero.org/4/academic-and-technical/2495/experimental-trezor-firmware-testing

With the RingCT release it will be finished/polished up and tried to be merged upstream @trezor itself. So at the moment use with CAUTION!

[Febo]

What I wonder is what will be average daily volume during next month? Any guesses? In last 30 days before yesterday daily average was 550 BTC.  Now yesterday demolished all past and new relations will need to emerge.

Any prediction of this?  Or is it to early to say anything before beginning of September?

[rpietila]

So, this artificial pump is over in a few days and XMR will have time to consolidate until December back to 0.0018 - 0.0024
I hope you guys are selling your coins and getting them back in December, because this was a Marketmakerpump starting with somewhat 1000BTC and now ending slowly  

How is it artificial?

Care to provide proof of your claims?

Well it sure looked special, turning half of the existing XMR in 24 hours. Reminds me of the Mintpal pump.

That said, I believe much good was achieved regardless of anything. It is possible that this was the first real upleg. Or even if we fall back, I believe 420k will now be a strong support. Even going to 180-240k, nothing new there. Not many thought it possible to revisit 100k, yet even that happened!


The game is about how many you own and can keep in your possession. If you own 1000 BTC, you are well positioned, but it is expensive to gain that position if you start now. If you owned 1000 BTC five years ago, it is equally good as 1000 BTC now, only if you have managed to keep it from theft, hack, taxman, your own mistakes in storage, and most importantly from your urge to sell.

Many reading this have 1000 XMR, or even much more. In five years, or less, it might have equal value as 1000 BTC now. Statistically, an extremely small fraction of people manage to do it, though.

I believe it's prudent to budget in advance that half of the remaining coins are lost, every time the price rises x10. So the ones who wish to have the coveted 1000 XMR when the price hits $5k, should buy 10k now.

Hmm... it seems that XMR is more mature now than BTC when I heard of it. It has 50 times higher market cap as well...

[elrippo]

So, this artificial pump is over in a few days and XMR will have time to consolidate until December back to 0.0018 - 0.0024
I hope you guys are selling your coins and getting them back in December, because this was a Marketmakerpump starting with somewhat 1000BTC and now ending slowly  

How is it artificial?

Care to provide proof of your claims?

Well it sure looked special, turning half of the existing XMR in 24 hours. Reminds me of the Mintpal pump.

That said, I believe much good was achieved regardless of anything. It is possible that this was the first real upleg. Or even if we fall back, I believe 420k will now be a strong support. Even going to 180-240k, nothing new there. Not many thought it possible to revisit 100k, yet even that happened!


The game is about how many you own and can keep in your possession. If you own 1000 BTC, you are well positioned, but it is expensive to gain that position if you start now. If you owned 1000 BTC five years ago, it is equally good as 1000 BTC now, only if you have managed to keep it from theft, hack, taxman, your own mistakes in storage, and most importantly from your urge to sell.

Many reading this have 1000 XMR, or even much more. In five years, or less, it might have equal value as 1000 BTC now. Statistically, an extremely small fraction of people manage to do it, though.

I believe it's prudent to budget in advance that half of the remaining coins are lost, every time the price rises x10. So the ones who wish to have the coveted 1000 XMR when the price hits $5k, should buy 10k now.

Hmm... it seems that XMR is more mature now than BTC when I heard of it. It has 50 times higher market cap as well...

Not much to add here. Why i believe this is an artificial pump by a marketmaker, is well explained by Risto already.
Since XMR gained nearly 300% in value in a few days and seeing 100btc buywalls at 0,0080 on polo, i honestly can not believe in "natural" growth.
The fallback will probably be as fast and deep as the upleg.

[sandiman]

So, this artificial pump is over in a few days and XMR will have time to consolidate until December back to 0.0018 - 0.0024
I hope you guys are selling your coins and getting them back in December, because this was a Marketmakerpump starting with somewhat 1000BTC and now ending slowly  

How is it artificial?

Care to provide proof of your claims?

Well it sure looked special, turning half of the existing XMR in 24 hours. Reminds me of the Mintpal pump.

That said, I believe much good was achieved regardless of anything. It is possible that this was the first real upleg. Or even if we fall back, I believe 420k will now be a strong support. Even going to 180-240k, nothing new there. Not many thought it possible to revisit 100k, yet even that happened!


The game is about how many you own and can keep in your possession. If you own 1000 BTC, you are well positioned, but it is expensive to gain that position if you start now. If you owned 1000 BTC five years ago, it is equally good as 1000 BTC now, only if you have managed to keep it from theft, hack, taxman, your own mistakes in storage, and most importantly from your urge to sell.

Many reading this have 1000 XMR, or even much more. In five years, or less, it might have equal value as 1000 BTC now. Statistically, an extremely small fraction of people manage to do it, though.

I believe it's prudent to budget in advance that half of the remaining coins are lost, every time the price rises x10. So the ones who wish to have the coveted 1000 XMR when the price hits $5k, should buy 10k now.

Hmm... it seems that XMR is more mature now than BTC when I heard of it. It has 50 times higher market cap as well...

Not much to add here. Why i believe this is an artificial pump by a marketmaker, is well explained by Risto already.
Since XMR gained nearly 300% in value in a few days and seeing 100btc buywalls at 0,0080 on polo, i honestly can not believe in "natural" growth.
The fallback will probably be as fast and deep as the upleg.

Indeed, gravity will hit. But I do think that 420k will not be broken and 180-240k won't be retested. The issue is that we have to many Fomo buyer, and thousand of stops that can be hit downwards, whereas another rally due to short covering would be really crazy.

[Febo]

Since XMR gained nearly 300% in value in a few days and seeing 100btc buywalls at 0,0080 on polo, i honestly can not believe in "natural" growth.
The fallback will probably be as fast and deep as the upleg.

Monero gained 300% in value in a few months. (0.0021-0.0085)
In few days it gained 100% (0.0042-0.0085)
and in few weeks gained 200% (0.0028-0.0085)

[Altitude]

So, this artificial pump is over in a few days and XMR will have time to consolidate until December back to 0.0018 - 0.0024
I hope you guys are selling your coins and getting them back in December, because this was a Marketmakerpump starting with somewhat 1000BTC and now ending slowly  

Selling?? You mean I should not be going all in right now?

[nanobrain]

So, this artificial pump is over in a few days and XMR will have time to consolidate until December back to 0.0018 - 0.0024
I hope you guys are selling your coins and getting them back in December, because this was a Marketmakerpump starting with somewhat 1000BTC and now ending slowly 

How is it artificial?

Care to provide proof of your claims?

Well it sure looked special, turning half of the existing XMR in 24 hours. Reminds me of the Mintpal pump.

That said, I believe much good was achieved regardless of anything. It is possible that this was the first real upleg. Or even if we fall back, I believe 420k will now be a strong support. Even going to 180-240k, nothing new there. Not many thought it possible to revisit 100k, yet even that happened!


The game is about how many you own and can keep in your possession. If you own 1000 BTC, you are well positioned, but it is expensive to gain that position if you start now. If you owned 1000 BTC five years ago, it is equally good as 1000 BTC now, only if you have managed to keep it from theft, hack, taxman, your own mistakes in storage, and most importantly from your urge to sell.

Many reading this have 1000 XMR, or even much more. In five years, or less, it might have equal value as 1000 BTC now. Statistically, an extremely small fraction of people manage to do it, though.

I believe it's prudent to budget in advance that half of the remaining coins are lost, every time the price rises x10. So the ones who wish to have the coveted 1000 XMR when the price hits $5k, should buy 10k now.

Hmm... it seems that XMR is more mature now than BTC when I heard of it. It has 50 times higher market cap as well...

Not much to add here. Why i believe this is an artificial pump by a marketmaker, is well explained by Risto already.
Since XMR gained nearly 300% in value in a few days and seeing 100btc buywalls at 0,0080 on polo, i honestly can not believe in "natural" growth.
The fallback will probably be as fast and deep as the upleg.

You seem to be interpreting Risto's post very strangely -- verging on fantasy even.

Risto is drawing the parallel to BTC in 2011 ie a pullback is still possible before another exponential increase.  He advises the complete opposite of what you propose ie buy and hold rather than trade your holding away.

And as Febo states, even your figures are wrong.

[nanobrain]

So, this artificial pump is over in a few days and XMR will have time to consolidate until December back to 0.0018 - 0.0024
I hope you guys are selling your coins and getting them back in December, because this was a Marketmakerpump starting with somewhat 1000BTC and now ending slowly 

Selling?? You mean I should not be going all in right now?

You should be doing some research, some thinking and ask yourself some questions like, "what might the commencement of usage on a Darknet market like AlphaBay on 1 Sept have on the price of XMR"?

Don't take too seriously the advice of anyone here, especially those who talk their book.

[TrueCryptonaire]

It will be interesting to see how high those Darkmarkets will bring monero and what is the real demand from there towards Monero.  However, I am pretty confident some demand will be coming from there.