[XMR] Monero Speculation

[e-coinomist]

what do you think will be the price of xmr in 2016? its confusing with all those numbers

Would be unfair saying "x.yz BTC" since we neither know the value of a Dollar, nor of a BTC for 2016 just right now.
So we can be sure of 1 XMR beeing 1 XMR in 2016, since it is not a staking coin, and that's it.

If BTC does more of the same as it did during last 14 monthes, XMR will always follow. The current "coupling" is toxic on the medium term.

I would turn all enthusiastical if a marketplace soars of from the grounds that sells XMR for fiat, arrangeable right around your local corner pub. BTC lacks that the most. When I want to buy coins, I have to snapshot myself with passport hold up and pants all down, like pron stars are used to do at the movie set.

[vince232]

what do you think will be the price of xmr in 2016? its confusing with all those numbers

Would be unfair saying "x.yz BTC" since we neither know the value of a Dollar, nor of a BTC for 2016 just right now.
So we can be sure of 1 XMR beeing 1 XMR in 2016, since it is not a staking coin, and that's it.

If BTC does more of the same as it did during last 14 monthes, XMR will always follow. The current "coupling" is toxic on the medium term.

I would turn all enthusiastical if a marketplace soars of from the grounds that sells XMR for fiat, arrangeable right around your local corner pub. BTC lacks that the most. When I want to buy coins, I have to snapshot myself with passport hold up and pants all down, like pron stars are used to do at the movie set.

+1

[aminorex]

So we can be sure of 1 XMR beeing 1 XMR in 2016, since it is not a staking coin, and that's it.

Or 1.08243216 XMR, if you subscribe to the development bond proposed in the main thread;  1.48594739598 XMR in 2020.

[rpietila]

So we can be sure of 1 XMR beeing 1 XMR in 2016, since it is not a staking coin, and that's it.

Or 1.08243216 XMR, if you subscribe to the development bond proposed in the main thread;  1.48594739598 XMR in 2020.

1 XMR invested in the Hypothecary Bank long bond (guaranteed by the Town and His Majesty The King) in CryptoKingdom, is returning 2.5 XMR in January-2016.

[coinits]

So we can be sure of 1 XMR beeing 1 XMR in 2016, since it is not a staking coin, and that's it.

Or 1.08243216 XMR, if you subscribe to the development bond proposed in the main thread;  1.48594739598 XMR in 2020.

1 XMR invested in the Hypothecary Bank long bond (guaranteed by the Town and His Majesty The King) in CryptoKingdom, is returning 2.5 XMR in January-2016.

Even if I do not play the game? I am not and never will be a gamer in any way shape or form but will invest in such ventures because I know that half of the planet are gamers.

[rpietila]

1 XMR invested in the Hypothecary Bank long bond (guaranteed by the Town and His Majesty The King) in CryptoKingdom, is returning 2.5 XMR in January-2016.

Even if I do not play the game? I am not and never will be a gamer in any way shape or form but will invest in such ventures because I know that half of the planet are gamers.

Playing is not required. (Well the bond can only be owned by characters in the game, since it is an ingame item, but "playing" just for the owning of the bond is allowed, does not take time, and probably qualifies to all sorts of giveaways on the side )

[dewdeded]

1 XMR invested in the Hypothecary Bank long bond (guaranteed by the Town and His Majesty The King) in CryptoKingdom, is returning 2.5 XMR in January-2016.

Sorry didnt read all. But: how is this possible?

Can this game ever be a danger to Monero?

[GreekBitcoin]

1 XMR invested in the Hypothecary Bank long bond (guaranteed by the Town and His Majesty The King) in CryptoKingdom, is returning 2.5 XMR in January-2016.

Sorry didnt read all. But: how is this possible?

Can this game ever be a danger to Monero?

i would also be interested in how this works? is there a upper limit? we do not want you to pay with your own money or get into troubles with that

edit: is there a place where we can talk about the game without roleplaying? ask questions and everything..i do not feel like the Ck game thread is the right place for that..

I think that the 'guaranteed by the Town and His Majesty The King' means that you must actually participate a bit in the game and help it if you want your investment to be  more secure...

[jehst]

1 XMR invested in the Hypothecary Bank long bond (guaranteed by the Town and His Majesty The King) in CryptoKingdom, is returning 2.5 XMR in January-2016.

Sorry didnt read all. But: how is this possible?

Can this game ever be a danger to Monero?

i would also be interested in how this works? is there a upper limit? we do not want you to pay with your own money or get into troubles with that

edit: is there a place where we can talk about the game without roleplaying? ask questions and everything..i do not feel like the Ck game thread is the right place for that..

I think that the 'guaranteed by the Town and His Majesty The King' means that you must actually participate a bit in the game and help it if you want your investment to be  more secure...

It never hurts to be friendly with the guy holding your money.

[saddambitcoin]

The bond pays out in moneritos, the in-game currency, so keep that in mind.

There is currently no direct way to go from moneritos->XMR. The game does not have plans to implement this either. However, there are rumors of CKG being added to a certain exchange sometime in the future.

Therefore, it is reasonable to expect one could buy CKG in-game, then sell for XMR on the exchange.

[rpietila]

1 XMR invested in the Hypothecary Bank long bond (guaranteed by the Town and His Majesty The King) in CryptoKingdom, is returning 2.5 XMR in January-2016.

Sorry didnt read all. But: how is this possible?

Can this game ever be a danger to Monero?

i would also be interested in how this works? is there a upper limit? we do not want you to pay with your own money or get into troubles with that

edit: is there a place where we can talk about the game without roleplaying? ask questions and everything..i do not feel like the Ck game thread is the right place for that..

I think that the 'guaranteed by the Town and His Majesty The King' means that you must actually participate a bit in the game and help it if you want your investment to be  more secure...

It never hurts to be friendly with the guy holding your money.

- It is possible by people borrowing the money to invest in ingame assets that pay back even better.
- If it's a danger to monero, it's very bad planning: CK was born in a MEW workshop where only executives were present, as a direct response to the need of marketing of XMR
- The upper limit of bonds is very low atm, only 2,500 XMR in total were offered last time.
- Yeah, CK thread is open for questions, but closed for questioning. Some don't know the difference.
- The guarantee by the two wealthiest characters of the game does not infer that you must play the game. It just means that it is practically impossible for the game to continue without the loan to be paid back as agreed. If you lend money to any 1 character, he can go bankrupt and you don't receive back in full, and everything else will continue.
- In other words, "the public" sees that the probability that the game still exists after a year is 40% (1/2.5). In the last time these were offered, it was 25%, so we are making progress

[ArticMine]

1 XMR invested in the Hypothecary Bank long bond (guaranteed by the Town and His Majesty The King) in CryptoKingdom, is returning 2.5 XMR in January-2016.

Sorry didnt read all. But: how is this possible?

Can this game ever be a danger to Monero?

i would also be interested in how this works? is there a upper limit? we do not want you to pay with your own money or get into troubles with that

edit: is there a place where we can talk about the game without roleplaying? ask questions and everything..i do not feel like the Ck game thread is the right place for that..

I think that the 'guaranteed by the Town and His Majesty The King' means that you must actually participate a bit in the game and help it if you want your investment to be  more secure...

It never hurts to be friendly with the guy holding your money.

- It is possible by people borrowing the money to invest in ingame assets that pay back even better.
- If it's a danger to monero, it's very bad planning: CK was born in a MEW workshop where only executives were present, as a direct response to the need of marketing of XMR
- The upper limit of bonds is very low atm, only 2,500 XMR in total were offered last time.
- Yeah, CK thread is open for questions, but closed for questioning. Some don't know the difference.
- The guarantee by the two wealthiest characters of the game does not infer that you must play the game. It just means that it is practically impossible for the game to continue without the loan to be paid back as agreed. If you lend money to any 1 character, he can go bankrupt and you don't receive back in full, and everything else will continue.
- In other words, "the public" sees that the probability that the game still exists after a year is 40% (1/2.5). In the last time these were offered, it was 25%, so we are making progress

I fail to see how this could possibly be a danger to Monero even if there was a default on the bonds. The reason is actually very simple Monero is proof of work.

[dewdeded]

Voidspace, the Dogecoin MMO, was just financed for $998k by the Canada Media Fund. Congratulations to the Universe Project team.

http://www.cmf-fmc.ca/funded-projects/funded-projects-database/1/?title=voidspace&program=Experimental&activity=Production&fiscalYear=2014-2015&selectionRound=2&displayCommitment=0


Go on with CK!!!!! Seams like Crypto-MMOs are the way to go.

[redhack]

care to elaborate what your investing strategy was?

Don't bother. Look at the post history. It is just an account being mined up to non-newbie rank so it can be sold.

EDIT: On second look I don't think this is quite true. He's posted about Monero a few times before, so probably just someone with an odd posting style that resembles a rank miner.

Thanks for your responses. We don't have so much time to read forum. We open it 1 or 2 times in a month. Our donation system is stopped now. Thanks for all your donations.

[UnicornFarts]

I'm ready to dump money in Moneros - but I'm afraid Bitcoin isn't done falling.

[SmoothCurves]

What effect will a spike in the BTC price have on Monero?

[GingerAle]

either 1) price of bitcoin influences how much it costs to buy into the market (i.e., 200$ bitcoin means 25 cent monero, whereas 150$ bitcoin means 18 cent monero, if monero doesn't hold its own - which I've only seen it do once). So lower bitcoin price, you can buy more monero.

or 2) might buy bitcoin instead of monero if goes low enough.

edited - sorry, I thought the above post was in reference to the post above that. 

[mmortal03]

Bytecoin has slipped ahead of Monero on coinmarketcap.com again.

[rpietila]

Bytecoin has slipped ahead of Monero on coinmarketcap.com again.

There are no known people who own bytecoin, except the ones in the team. In this kind of setting, you can choose the price.

[Jungian]

Bytecoin has slipped ahead of Monero on coinmarketcap.com again.

You do understand that the real market cap is very close to zero right?

Well over 80% premine plus an almost infinite supply gives it a market cap at 1 million when if only sells at the lowest possible price that's possible on an btc-exchange. 1 satoshi.

They could easily trade it up to multiple million $ in market cap with only a few thousand dollars.