[XMR] Monero Speculation

[cryptimus prime]

honey badger wants xmr at 0.0185 wouldnt that be great? 

I would not be surprised to see XMR testing 185 in the very next time.

[ozkraut]

honey badger wants xmr at 0.0185 wouldnt that be great? 

I would not be surprised to see XMR testing 185 in the very next time.

agreed. Could happen any time. Even this weekend. Not a huge stretch after all and fluffy is doing Dallas, sorry, San Francisco. Another ninja launch may be imminent.

[CTTE]

Monero seems to have solidly replaced LTC and XRP with the 3rd highest Market Cap behind BTC and ETH.  

I see a day in the not too distant future when it holds the #2 spot and #1 is still pretty unclear at the moment but, is definitely doable in the long run!

http://coinmarketcap.com/currencies/views/all/

Edit: currently at $18.72!

[Luxo]

I see the price go up a few dollars and I just think: "Meh, there is more potential than this". Crazy but that's how I feel these days.

I speculate that it will be likely that we hit an ATH of 100$+ this year.

[iCEBREAKER]

Positive press again on Monero:

https://www.youtube.com/watch?v=mQU1XtWaNk8

"Today's episode is sponsored by Dash"

zomg cant even....

XD

Darkcoin is doing right two things: 1) Marketing 2) The funding of development (they do not come to cheap Scrooge McDuck to ask for donations).

By the way, tomorrow is the key day of 5th of January, how do you think it will change the price? Up or down?

How familiar are you with Dash's particular/individual marketing and funding initiatives?

By scrutinizing and evaluating each Dash budget item on a case by case ROI basis, one will find they have largely been counterproductive and often epic failures.

The Lamassu ATM integration project is an ongoing, unmitigated fiasco.  Likewise for the Public Relations contract.

Rather than demonstrate the viability of "Distributed Governance By Blockchain" all Dash accomplished was to show the world how having no single responsible entity (and thus accountability) leads to resources being wasted without corresponding guarantees of intended outcomes.

Monero's FFS is vastly superior because it allows us to vote with our coins, getting our 'skin in the game' by ensuring those who support unsuccessful projects bear the cost of their failure.  That's what we used to call 'putting your money where your mouth is.'

This approach exists in stark contrast to the moral hazard of Dash's budget system, where Masternode owners who are insulated by their Ponzi dividends may wantonly and/or fecklessly commit the entire Dash bagholder community to paying via a hidden inflation tax the cost of their ill-conceived and poorly executed pump/hype/spam marketing ploys.

IOW, the free money which Duffield's centralized exorbitant privilege allows to be printed in unlimited quantities is *intrinsically* misallocated because the incentive structure fails to 'close the loop' by penalizing Masternode owners who vote for bad proposals.

Monero's FFS is exquisitely tailored to subsume that constraint, in that the burden of absorbing the cost of failed proposals falls directly (and exclusively) on those foolish enough to fund them.

[johnsmithx]

You have hilarious trust feedback.

[weilichesbin]

Someone think Monero can hit 100 USD?

[keeptrollintrollin]

Someone think Monero can hit 100 USD?

Better to put a time-frame with that question. I give it a 1/2 possibility for ever reaching 100 USD. This year, don't think so.

[iCEBREAKER]

By scrutinizing and evaluating each Dash budget item on a case by case ROI basis, one will find they have largely been counterproductive and often epic failures.

The Lamassu ATM integration project is an ongoing, unmitigated fiasco.  Likewise for the Public Relations contract.

Rather than demonstrate the viability of "Distributed Governance By Blockchain" all Dash accomplished was to show the world how having no single responsible entity (and thus accountability) leads to resources being wasted without corresponding guarantees of intended outcomes.

Monero's FFS is vastly superior because it allows us to vote with our coins, getting our 'skin in the game' by ensuring those who support unsuccessful projects bear the cost of their failure.  That's what we used to call 'putting your money where your mouth is.'

This approach exists in stark contrast to the moral hazard of Dash's budget system, where Masternode owners who are insulated by their Ponzi dividends may wantonly and/or fecklessly commit the entire Dash bagholder community to paying via a hidden inflation tax the cost of their ill-conceived and poorly executed pump/hype/spam marketing ploys.

IOW, the free money which Duffield's centralized exorbitant privilege allows to be printed in unlimited quantities is *intrinsically* misallocated because the incentive structure fails to 'close the loop' by penalizing Masternode owners who vote for bad proposals.

Monero's FFS is exquisitely tailored to subsume that constraint, in that the burden of absorbing the cost of failed proposals falls directly (and exclusively) on those foolish enough to fund them.

You have hilarious trust feedback.

"iCEBREAKER sent bitcoin first. Super guy to deal with and would highly recommend."

If my feedback is hilarious, it's because the trust rating system on this BBS is a joke.   

Your attempt to attack me for criticizing Dash and unfavorably comparing it to Monero is likewise hilarious.   

I wonder which will happen first, Monero reaching $1000 or Dash hitting zero?

[kurious]

Someone think Monero can hit 100 USD?

Better to put a time-frame with that question. I give it a 1/2 possibility for ever reaching 100 USD. This year, don't think so.

XMR went up something like 2500% this year - you think it's only a 50% chance it can ever grow another 600%?

I'd say that is conservative odds.

[kurious]

By scrutinizing and evaluating each Dash budget item on a case by case ROI basis, one will find they have largely been counterproductive and often epic failures.

The Lamassu ATM integration project is an ongoing, unmitigated fiasco.  Likewise for the Public Relations contract.

Rather than demonstrate the viability of "Distributed Governance By Blockchain" all Dash accomplished was to show the world how having no single responsible entity (and thus accountability) leads to resources being wasted without corresponding guarantees of intended outcomes.

Monero's FFS is vastly superior because it allows us to vote with our coins, getting our 'skin in the game' by ensuring those who support unsuccessful projects bear the cost of their failure.  That's what we used to call 'putting your money where your mouth is.'

This approach exists in stark contrast to the moral hazard of Dash's budget system, where Masternode owners who are insulated by their Ponzi dividends may wantonly and/or fecklessly commit the entire Dash bagholder community to paying via a hidden inflation tax the cost of their ill-conceived and poorly executed pump/hype/spam marketing ploys.

IOW, the free money which Duffield's centralized exorbitant privilege allows to be printed in unlimited quantities is *intrinsically* misallocated because the incentive structure fails to 'close the loop' by penalizing Masternode owners who vote for bad proposals.

Monero's FFS is exquisitely tailored to subsume that constraint, in that the burden of absorbing the cost of failed proposals falls directly (and exclusively) on those foolish enough to fund them.

You have hilarious trust feedback.

"iCEBREAKER sent bitcoin first. Super guy to deal with and would highly recommend."

If my feedback is hilarious, it's because the trust rating system on this BBS is a joke.   

Your attempt to attack me for criticizing Dash and unfavorably comparing it to Monero is likewise hilarious.   

I wonder which will happen first, Monero reaching $1000 or Dash hitting zero?

It will gradually be de-listed at more exchanges until it's irrelevant - we won't notice when it finally has gone.  Off Polo within 2 years? Likely IMO.

Meanwhile XMR at No.2 this year is looking a decent prospect.  I will settle for Crown Prince, while Dash will not be allowed a seat at the top table.

[johnsmithx]

Your attempt to attack me for criticizing Dash and unfavorably comparing it to Monero is likewise hilarious.  

My attempt to attack you for criticizing Dash? Kiddo, you are seriously delusional. I haven't written here in this topic for months and I couldn't care less about some Dash, whatever that is.

Now I understand why most of your negative feedback says you are just an ordinary troll.

EDIT: this little scamming kid just gave me a fake negative feedback because I publicly pointed out his vast and exclusively negative feedback, hilariously pathetic. Added to my personal list of scammers, added to the ignore list and gave a genuine negative feedback. I encourage everyone to give him a negative feedback and ignore him as well.

The little retard is apparently incapable of comprehending that his fake negative feedbacks don't matter in the slightest. He even went as far as to fake and fabricate my quote of his post which is just insane. Everyone can easily see that in my post #26596 I referred to him by an empty quote (to not dirty this forum even further with his mental garbage), yet he actually tried to make an impression that I quoted his post. So furious and desperate, and so futile. The boy is genuinely mentally sick, I feel sorry for his parents.

By the way, you dumb mental boy "iCEBREAKER", by mining monero I have already made more than you will make in your entire life, that is if you ever get a job once you grow up, if you ever grow up that is (and if you are ever released from the mental asylum).

[TrueCryptonaire]

Looks like the hot money on Polo is fleeing from Etherium - I hope XMR will get the fair share of it.

[kurious]

www.woobull.com/the-network-effects-of-volatility-and-liquidity-bitcoin-vs-other-payment-coins :

"2016 has been a bull year for privacy coins. Earlier this year we saw mooning of Monero which saw subsequent pumps in other dark-coins including ShadowCash and Navcoin. Then we witnessed a mega-hyped launch of ZCash which peaked at an astounding $5.3k per coin.
All of these coins are Payment Coins competing in the battle win the war to be General Money."

"I will be looking at the leading coins by market cap, namely Bitcoin, Monero, Dash, ZCash and ShadowCash"

"The liquidity of alt-payment-coins have been on a rapid rise in 2016, particularly in the case of Monero which if this year’s trend continues could match Bitcoin in just one year."

"The study concluded Bitcoin would achieve fiat level volatility by mid-2019"

"First up in our alt-payment-coin list is Monero, the biggest payment coin behind Bitcoin. Unfortunately Monero over its 2.5 year history has shown an increasing trend in volatility. We’ve seen a lot more speculators pushing the price around during its 2016 price breakouts. Here we see how keeping liquidity high and volatility low can be like pulling on opposite ends of a tug-o-war. Often high volatility attracts traders which then feeds an increase in liquidity.
Though Monero may be losing out on reduced volatility, it has a very important feature. Unlike Dash, ZCash and ShadowCash it is unique in that it is not a fork of Bitcoin, so it has a chance of winning the payment coin war by competitor implosion should there be a vulnerability in Bitcoin’s codebase. Monero is an excellent Bitcoin hedge in my opinion."

"Bitcoin’s lead in liquidity is not unassailable, Monero could match it in a year, Dash and ShadowCash in just over two."

"Low volatility is much harder to achieve and Bitcoin has a solid lead in this regard. No other payment coin is on track to catch Bitcoin"

"All of Bitcoin’s competitors tote features that Bitcoin is lacking – faster confirmation times and private payments. Both of these features will most likely be coming to Bitcoin as layer 2 protocols in 2017. If and when this happens, the battle for payments and general money will be fought solely on the playing field of economic network effects, that of liquidity and volatility. Bitcoin remains the standout contender in this regard."

Just remembered this post.

Er... 'Low volatility...' '....Bitcoin has a solid lead in this regard'

Just watched Finex drop a couple of hundred USD in a minute 

[DaveyJones]

Monero's FFS is exquisitely tailored to subsume that constraint, in that the burden of absorbing the cost of failed proposals falls directly (and exclusively) on those foolish enough to fund them.

I will have to correct you as the FFS is even better, if someone fails to deliver on his proposal usually the funds are saved either a) for someone else doing the same proposal or b) after months of inactiveness they will get used for other projects. The beauty of milestones in a proposal isnt it ?

[Febo]

Someone think Monero can hit 100 USD?

Better to put a time-frame with that question. I give it a 1/2 possibility for ever reaching 100 USD. This year, don't think so.

I am 99% sure Monero will be more then $100 one day.

About this year I would say this. If Bitcoin moon to $5000 I am 99% sure we will see $100 Monero this year.

[andrew2k]

Someone think Monero can hit 100 USD?

Better to put a time-frame with that question. I give it a 1/2 possibility for ever reaching 100 USD. This year, don't think so.

I am 99% sure Monero will be more then $100 one day.

About this year I would say this. If Bitcoin moon to $5000 I am 99% sure we will see $100 Monero this year.

Lately it looked like the market started moving faster and faster and it's good to have a lot of movement but too much growth might do bad. Since new years eve we've seen fluctuations of the total market cap of Bitcoin+Alts of over 3 billion dollars. We might see a downtrend soon not only for Bitcoin but all the major Alts as well but I hope they will all stabilize and not collapse. The big or rather huge risk of all this is if something like Mt. Gox or something much smaller (which will make investors think about the risks of keeping their money in Crypto Exchanges) might lead to a domino effect.

The results could be unimaginable, years of lack of trust in Exchanges and so in Crypto trading like we've witnessed before.

[iCEBREAKER]

Monero's FFS is exquisitely tailored to subsume that constraint, in that the burden of absorbing the cost of failed proposals falls directly (and exclusively) on those foolish enough to fund them.

I will have to correct you as the FFS is even better, if someone fails to deliver on his proposal usually the funds are saved either a) for someone else doing the same proposal or b) after months of inactiveness they will get used for other projects. The beauty of milestones in a proposal isnt it ?

That's true, but financial backers of failed proposals still either suffer delays in delivery of the contracted work or reappropriation of their donations, which are non-refundable AFAIK.

[CryptoPH]

Wooow! XMR price dived, driven by BTC. 

[nanobrain]

Some bizarre price movement at present - BTC down to 885 on Stamp, XMR down to $14USD but still holding firm against BTC. 

This is some shakeout/correction.