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Author Topic: [XMR] Monero Speculation  (Read 3309498 times)
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DaveyJones
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March 05, 2017, 11:00:15 PM
 #27221


I can just see Brian Armstrong saying something like, "Oh man sonofabitch that ponytail fuckwad Powell's already added Monero ahead of us???  Well, I'll show them who's boss!  Let's get both Monero and Dash too, launched on our site together!!  Yeah!!!  That's the ticket!!!!  Hahahahahaha"



I have always find very strange Monero was on very few exchanges, it was many others concern as well, but now on bitfinex and kraken with fiat pairs the danger of centralization on a single domain was mitigated, I don't believe just being on more exchanges brings true demand, it just helps to distribute the incoming flow better.

Game theory says thats the most probable outcome. Still I doubt dash will get anywhere close to Coinbase with cobble as director of engineering, he is very aware of its pitfalls.

it also helps to mitigate a total "loss",  imagine all those coins that went down with cryptsy and never came back alive.
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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March 06, 2017, 12:23:28 AM
 #27222

...

I have always find very strange Monero was on very few exchanges, it was many others concern as well, but now on bitfinex and kraken with fiat pairs the danger of centralization on a single domain was mitigated, I don't believe just being on more exchanges brings true demand, it just helps to distribute the incoming flow better.

Game theory says thats the most probable outcome. Still I doubt dash will get anywhere close to Coinbase with cobble as director of engineering, he is very aware of its pitfalls.

A significant factor here is that implementing Monero is different from implementing Bitcoin or similar coins. so it requires a higher threshold in market cap / trading volume before an exchange will implement Monero because of the higher development cost. A similar situation occurs with a proprietary application such as Jaxx. There is a tradeoff here a fundamentally different technology that solves many of Bitcoin problems (long term gain) vs the additional cost of implementation (short term pain).

Of course as Monero has risen in market cap and trading volume more exchanges are now willing to pay the additional cost of Monero implementation.  

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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March 06, 2017, 12:59:45 AM
 #27223

Think of the TV show "Silicon Valley" and how the personalities in that show all took everything so personal in their competitive responses to what other people did, LOL.  Sure, the show's a comedy and maybe extreme form of farce but OTOH this shit probably isn't too far off in real life, LOL.

Love that show, as evidenced by my pic Smiley 

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
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March 06, 2017, 03:09:15 AM
 #27224

Has anyone calculated the expected date of the beginning of tail emission?

Emission should stop decreasing somewhere in mid 2022. Maybe 29th May.  That is more then 5 years till then and that is in at least this forum Crypto almost a century.  

Right now emission is more then 13 times higher. Now think if in 5 years number of transactions only double every year ( it went x6 last year) and if there will be 13 times less daily mined coins. What would that mean to the price.

Bitcoin will have 1 halving till then Monero 13.


Man your statement says between the lines that I (and anyone caring about money) should basically be all in Monero at least until 2022.... 13 halvings on the way there and the emission is not that bad even currently.
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March 06, 2017, 04:58:54 AM
Last edit: March 06, 2017, 05:09:06 AM by ArticMine
 #27225

Has anyone calculated the expected date of the beginning of tail emission?

Emission should stop decreasing somewhere in mid 2022. Maybe 29th May.  That is more then 5 years till then and that is in at least this forum Crypto almost a century.  

Right now emission is more then 13 times higher. Now think if in 5 years number of transactions only double every year ( it went x6 last year) and if there will be 13 times less daily mined coins. What would that mean to the price.

Bitcoin will have 1 halving till then Monero 13.


Man your statement says between the lines that I (and anyone caring about money) should basically be all in Monero at least until 2022.... 13 halvings on the way there and the emission is not that bad even currently.

Yes in mid 2022 is correct provided the blocksize increase penalty is not taken into account. The penalty can delay this significantly if there is a sharp increase in use leading to blocksize increase and fluctuations in the blocksize. This is because coins paid to the penalty are added back to the remaining base supply. Once the tail emission is reached coins paid to the penalty are effectively burned. The other impact of this is that the penalty can reduce the inflation rate during a period of high growth which would normally be accompanied by increasing prices.

For comparison Bitcoin will be at least at 6.25 XBT per 10 min by then, 3.125 by 2024, 1.5625 by 2028 etc., vs Monero at 3 XMR per 10 min for ever. The tail emission in Monero was designed to have a lower inflation rate than the historical inflation rate of gold. The final factor is that lost coins should eventually lead to a stable money supply as an equilibrium between, lost coins, the tail emission and price develops.

Edit: There is no real need to drastically outdo gold, the "gold standard" when it comes to "hard money", as Bitcoin, and many other coins are attempting to do. Just "slightly harder" should be good enough.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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March 06, 2017, 05:08:18 AM
 #27226

I would day we are seeing disciplined accumulation for the last week or so.
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March 06, 2017, 05:11:05 AM
 #27227

I would day we are seeing disciplined accumulation for the last week or so.

Yes I agree for now. If this continues though it could panic the shorts.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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March 06, 2017, 07:10:54 AM
 #27228



Do you think Monero will also be worth more than $100 if say after 10 years or so? I have kept mine for months already, I didn't sell it still but I've bought it when its price was less than $10. I've like to brag someday if its going to have more than $100. Its something I can't do with BTC.   Cry
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March 06, 2017, 09:06:56 AM
 #27229



Do you think Monero will also be worth more than $100 if say after 10 years or so? I have kept mine for months already, I didn't sell it still but I've bought it when its price was less than $10. I've like to brag someday if its going to have more than $100. Its something I can't do with BTC.   Cry

$100 in 10 years? IMO, definitely yes!  Cool

Edit: Make that 5 years! Cool

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March 06, 2017, 09:10:39 AM
 #27230



Do you think Monero will also be worth more than $100 if say after 10 years or so? I have kept mine for months already, I didn't sell it still but I've bought it when its price was less than $10. I've like to brag someday if its going to have more than $100. Its something I can't do with BTC.   Cry


In 10 years. Smiley


It will happen way faster. Maybe really soon. I am not saying it will go to $100 and never go down anymore. Price will do same as Bitcoin price did and lets hope still will. Sharp growth, then slowly decrease to half or 1/3 of ATH value and then after some time rise again.

Price can be $100 this year. I would not give it high probability, but there is for sure a chance.

On other hand, I am 99% sure that price of Monero will hit $100 till 2022. Smiley
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March 06, 2017, 09:32:54 AM
 #27231

Has anyone calculated the expected date of the beginning of tail emission?

Emission should stop decreasing somewhere in mid 2022. Maybe 29th May.  That is more then 5 years till then and that is in at least this forum Crypto almost a century. 

Right now emission is more then 13 times higher. Now think if in 5 years number of transactions only double every year ( it went x6 last year) and if there will be 13 times less daily mined coins. What would that mean to the price.

Bitcoin will have 1 halving till then Monero 13.

13 halvings would be 1/8192

Monero will have 3 havings and would be on its way to 4 (except that the tail is reached). Bitcoin will have 1, but be on its way to 2.
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March 06, 2017, 10:08:48 AM
 #27232

I would day we are seeing disciplined accumulation for the last week or so.

Yes I agree for now. If this continues though it could panic the shorts.

shorters continuing to short.  Oh, the pain.
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March 06, 2017, 10:11:32 AM
 #27233



Do you think Monero will also be worth more than $100 if say after 10 years or so? I have kept mine for months already, I didn't sell it still but I've bought it when its price was less than $10. I've like to brag someday if its going to have more than $100. Its something I can't do with BTC.   Cry

This is the speculation thread.  10 years months seems plausible.
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March 06, 2017, 10:13:22 AM
 #27234



Do you think Monero will also be worth more than $100 if say after 10 years or so? I have kept mine for months already, I didn't sell it still but I've bought it when its price was less than $10. I've like to brag someday if its going to have more than $100. Its something I can't do with BTC.   Cry

This is the speculation thread.  10 years months seems plausible.

10 weeks or days seem more plausible at crypto

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March 06, 2017, 10:39:57 AM
 #27235



Do you think Monero will also be worth more than $100 if say after 10 years or so? I have kept mine for months already, I didn't sell it still but I've bought it when its price was less than $10. I've like to brag someday if its going to have more than $100. Its something I can't do with BTC.   Cry

This is the speculation thread.  10 years months seems plausible.

10 weeks or days seem more plausible at crypto
  10 days does not seem plausible.  10 weeks is stretching it, even for me  Cheesy    Things are changing rapidly though. I expect to see a 5-10X for BTC this year.  XMR will shine.
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March 06, 2017, 01:59:13 PM
 #27236

The mere fact (and sad reality) that we're sitting here today looking at frikkin' DASH still in the #3 spot on cmcap priced *still* over forty bucks fiat after it pumped so far for no reason... when by all rights and -- if there was actually any justice or a God in the world -- it srsly ought to be MONERO in that spot now, LOL... all that says is just ANYTHING CAN HAPPEN IN CRYPTO (and if you just HODL and wait long enough it almost certainly will happen  Grin )

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March 06, 2017, 03:48:45 PM
 #27237



Do you think Monero will also be worth more than $100 if say after 10 years or so? I have kept mine for months already, I didn't sell it still but I've bought it when its price was less than $10. I've like to brag someday if its going to have more than $100. Its something I can't do with BTC.   Cry

This is the speculation thread.  10 years months seems plausible.

10 weeks or days seem more plausible at crypto

Never in 10 weeks. marketcap would be too high
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March 06, 2017, 05:55:18 PM
 #27238

"Kasisto - Get paid in XMR [Testnet demo]"

https://www.reddit.com/r/Monero/comments/5xpl6q/kasisto_get_paid_in_xmr_testnet_demo/



"fluffypony's March Conference Circuit (Mostly Europe)"

https://www.reddit.com/r/Monero/comments/5x3bqz/fluffyponys_march_conference_circuit_mostly_europe/



"Free VMs for Monero Developers (for Monero development)"

https://moneroworld.com/#developer



"New release for XMR-Stak-CPU and XMR-Stak-AMD miners"

https://www.reddit.com/r/Monero/comments/5xdyll/new_release_for_xmrstakcpu_and_xmrstakamd_miners/



Monero presentation in Graz, Austria on March 27th

https://www.meetup.com/nl-NL/BlockchainHub-Graz/events/238204566/?eventId=238204566



"6 Trends From CoinDesk's New 2017 State of Blockchain Out Today" - Monero Mentioned

http://www.coindesk.com/6-top-trends-coindesks-2017-state-blockchain-report/


Privacy matters, use Monero - A true untraceable cryptocurrency
Why Monero matters? http://weuse.cash/2016/03/05/bitcoiners-hedge-your-position/
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March 06, 2017, 06:38:16 PM
 #27239

The mere fact (and sad reality) that we're sitting here today looking at frikkin' DASH still in the #3 spot on cmcap priced *still* over forty bucks fiat after it pumped so far for no reason... when by all rights and -- if there was actually any justice or a God in the world -- it srsly ought to be MONERO in that spot now, LOL... all that says is just ANYTHING CAN HAPPEN IN CRYPTO (and if you just HODL and wait long enough it almost certainly will happen  Grin )

Hey - don't stress on the D-coin.

We are (quietly - shhh!) back over $15 and were a few days ago in the $11.xx range.   Also we are back well over $200mn market cap and closing in on Ripple at no 4.

Softy, softly.  The smart money knows XMR is the real coin and D*** is for shits 'n' giggles, pumps and dumps.

Honeypony is fine and dandy, any shorts out there have to be trembling.

EDIT: $16 as I type!

我想要火箭和火车
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March 06, 2017, 06:56:56 PM
 #27240


Hey - don't stress on the D-coin.

We are (quietly - shhh!) back over $15 and were a few days ago in the $11.xx range.   Also we are back well over $200mn market cap and closing in on Ripple at no 4.

Softy, softly.  The smart money knows XMR is the real coin and D*** is for shits 'n' giggles, pumps and dumps.

Honeypony is fine and dandy, any shorts out there have to be trembling.

EDIT: $16 as I type!


Oh I know, brother... LOL no worries really.  I just like to bitch about it I guess Wink

Srsly I have my Moneroj socked away safely since before last Christmas, still untouched, and now I'm just watching the show (actually kinda trying desperately to scrounge up as much FIAT toilet paper "money" as I can this week, sell the house sell the car sell the kids, just to maybe ride the Bitcoin rocket a little ways up for one or two booster-stages, IF/WHEN (if if if?) the Winki Boyz ETF gets an actual greenlight end of this week).

But for sure NOT gonna TOUCH any of the longterm cold-storage for that kind of gambling, certainly not gonna liquidate any XMR for it!!  Just maybe play with a little fiat only... we'll see.

I kinda need XMR to be in the 015's to really feel comfortable but the 012's is still fine, fine.  Much better than it was in the 009's for sure Smiley

But, yeah, no worries really on the DashPump.  Just bitching to bitch here, never mind me LOL

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