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Author Topic: [XMR] Monero Speculation  (Read 3205421 times)
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September 30, 2017, 04:07:38 AM
 #32981

I know monero about a year ago and now I got a lot of profit, many of the issues that say monero will skyrocket at the end of this year, and this is a good opportunity to immediately to invest.

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X.C.A.R.DTM

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September 30, 2017, 09:45:28 AM
 #32982

The coinhive.com success will increase the risk of the 51% attack. So why should not we start more of these web-mining services? Mining will be decentralized more and there will be less 51% risk.

The Monero community for sure have ability to do this.
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September 30, 2017, 10:21:50 AM
 #32983

The coinhive.com success will increase the risk of the 51% attack. So why should not we start more of these web-mining services? Mining will be decentralized more and there will be less 51% risk.

The Monero community for sure have ability to do this.

I think there are some people already working on it. I agree it is a good idea to encourage those efforts.
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September 30, 2017, 12:00:43 PM
 #32984

Snowden coming out against Monero in favor of ZCash is, to me, just one more nudge towards his whole situation being a "controlled opposition psy-op" entirely from the get-go Sad

It's a shame, really... philosophically/politically I'd prefer to believe that he's the real deal.

But unfortunately that's been looking more and more unlikely as time goes on, the more he opens his mouth... Sad

Yeah, Snowden is 100% a controlled disidence agent. He keeps working for the NSA. Only blind poeple fail to see that since the very beginning
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September 30, 2017, 12:15:53 PM
 #32985

Snowden coming out against Monero in favor of ZCash is, to me, just one more nudge towards his whole situation being a "controlled opposition psy-op" entirely from the get-go Sad

It's a shame, really... philosophically/politically I'd prefer to believe that he's the real deal.

But unfortunately that's been looking more and more unlikely as time goes on, the more he opens his mouth... Sad

At first he definitely was the real deal. But imagine his situation: he became known and his opinions started to be perceived as something to listen to. Once this happened surely many different forces have been trying to use his voice for their purposes. Maybe he gave in and took the money, maybe they forced him somehow, maybe they tricked and manipulated him and he truly believes what he is saying. Remember he is still just a human, a fugitive, a guest in quite a horrible (human rights wise) country that he basically cannot even leave (nowhere to go). The point is we don't know what's really going on with him and accusing him of bad intentions doesn't seem fair to me.

My list of 43(+3) reviewed Bitcoin forks | You don't have to download the pre-fork blockchain again for each fork! | Beware of fraudulent AWS accounts sellers and dangerous edu AWS codes! + My personal list of legit sellers and scammers | Never publicly reveal your btc addresses, ownership or any other details and stay very far away from anybody who asks you to! | The general rule of safe buying is: if the seller is a newbie, with no reputation, with no topic nor trust feedback, offering no vouches and/or selling from a locked or self-moderated topic and unwilling to go first or use escrow => AVOID. Always check the trust feedback first and make sure that you have enabled "Show untrusted feedback by default" in "Profile / Forum Profile Information".
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September 30, 2017, 12:33:26 PM
 #32986

The coinhive.com success will increase the risk of the 51% attack. So why should not we start more of these web-mining services? Mining will be decentralized more and there will be less 51% risk.

The Monero community for sure have ability to do this.

I think there are some people already working on it. I agree it is a good idea to encourage those efforts.


Hmm... Sounds good. So you think some people are working on, or do you know some are working on it?

And we need many of these webmining services. So that there for sure is as less centralization as possible. And to let the webminingpool fees to go down. Anyway what kind of a hardware/software/maintenance is needed at the webmining service provider side? If money is needed to start this, it will not be a problem. XMR crowd funding will do it in no time.

Yea. Definetely webmining is good for any coin. Specially as long as there is enough webminingpools to keep it decentralized.
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September 30, 2017, 12:52:13 PM
 #32987

Is Segwit2X a government/corporate takeover and what could that mean for XMR / the entire cryptospace?

https://www.reddit.com/r/Bitcoin/comments/738b1z/why_segwit2x_would_be_a_government_takeover_of

http://abcnews.go.com/Technology/wireStory/imf-chief-tells-central-bankers-ignore-bitcoin-50176592

Hoping to hear from some of the knowledgable people like aminorex or smooth.


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September 30, 2017, 01:38:57 PM
 #32988

Since I invested in Monero in Bittrex the price has gone down and down still now. And I think this trend is continued for last 3 month. Have anybody the idea when the reversal will come?
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September 30, 2017, 01:40:08 PM
 #32989

Since I invested in Monero in Bittrex the price has gone down and down still now. And I think this trend is continued for last 3 month. Have anybody the idea when the reversal will come?
Right, 3 months. https://www.worldcoinindex.com/coin/monero Click on 3m and look at the fucking chart.

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September 30, 2017, 02:18:58 PM
Last edit: September 30, 2017, 03:13:58 PM by Febo
 #32990

Since I invested in Monero in Bittrex the price has gone down and down still now. And I think this trend is continued for last 3 month. Have anybody the idea when the reversal will come?
Right, 3 months. https://www.worldcoinindex.com/coin/monero Click on 3m and look at the fucking chart.

Ha ha from $41 to $95. When most crypto under preform Bitcoin last 3 months.

For sure rare 3 months ago  predicted Monero at $100 at end of September. Most thought HW wallet, mobile wallet and multisig will be the triggers.



PS: Is funny at time of writing this first Monero mobile wallet just come out of Beta: https://play.google.com/store/apps/details?id=com.m2049r.xmrwallet

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September 30, 2017, 03:37:03 PM
 #32991

at time of writing this first Monero mobile wallet just come out of Beta: https://play.google.com/store/apps/details?id=com.m2049r.xmrwallet
I installed that wallet on my phone as soon as I found out about it.  I'm hoping that Monero will become well known and widely used as bitcoin, with onine retailers accepting monero, people trading it for cash, and using monero for all the stuff bitcoin is used for now.
But people are creatures of habit and tend to do as they're told, with a respect for authority that verges on reverence.  Never mind how fast the technology develops, it's going to take a long time for society to evolve.  It may be that some catastrophe happens first.
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September 30, 2017, 03:44:29 PM
Last edit: September 30, 2017, 03:58:32 PM by aminorex
 #32992

For sure rare 3 months ago  predicted Monero at $100 at end of September. Most thought HW wallet, mobile wallet and multisig will be the triggers.

Awesome call, that was.  Lately I am more focussed on the (easier, on assumptions) longer-term estimation task:

Monero has consistently repriced higher with each positive development, and the number and scope of bullish developments in the pipe is increasing, not decreasing, as the price, hash and community all rise in tandem.  It's the foothills of the exponential phase of adoption here.  After, comes the super-exponential expansion phase, as n log n network effect  kicks in, composed with a FOMO function.  Eventually, the market saturates at a given development level, FOMO dies, and price pulls back, but until XMR denominates at least 10% of the 22 trillion  USD dark global GDP and at least 1% of the 80 trillion light GDP (for PQ = 3 tUSD) the cycle keeps repeating in a larger S-curve on a scale of ca. 10 years.  If the velocity is an historically typical 5, the market cap of XMR should top out in the neighborhood of 600 bn USD, and 1 XMR should be worth about 30k USD2012.

(The reason why BTC is over 4k now is not the size of the BTC economy, but the outsized reserve demand, which implies a much lower velocity of money.)

In the longer run (multiple decades) XMR value should grow with the global economy, so holding it will be like holding the DJ Global Index, in terms of future expectation at any given moment, which should be modulated by some XMR-specific risk factor.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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September 30, 2017, 04:02:47 PM
 #32993

For sure rare 3 months ago  predicted Monero at $100 at end of September. Most thought HW wallet, mobile wallet and multisig will be the triggers.

Awesome call, that was.  Lately I am more focussed on the (easier, on assumptions) longer-term estimation task:

Monero has consistently repriced higher with each positive development, and the number and scope of bullish developments in the pipe is increasing, not decreasing, as the price, hash and community all rise in tandem.  It's the foothills of the exponential phase of adoption here.  After, comes the super-exponential expansion phase, as n log n network effect  kicks in, composed with a FOMO function.  Eventually, the market saturates at a given development level, FOMO dies, and price pulls back, but until XMR denominates at least 10% of the 22 trillion  USD dark global GDP and at least 1% of the 80 trillion light GDP (for PQ = 3 tUSD) the cycle keeps repeating in a larger S-curve on a scale of ca. 10 years.  If the velocity is an historically typical 5, the market cap of XMR should top out in the neighborhood of 600 bn USD, and 1 XMR should be worth about 30k USD2012.

(The reason why BTC is over 4k now is not the size of the BTC economy, but the outsized reserve demand, which implies a much lower velocity of money.)

In the longer run (multiple decades) XMR value should grow with the global economy, so holding it will be like holding the DJ Global Index, in terms of future expectation at any given moment, which should be modulated by some XMR-specific risk factor.


I covet your enthusiasm currently.  I am discouraged by the deflating XMR/BTC status.
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September 30, 2017, 04:04:14 PM
 #32994

Monerujo - Production Release v1.0 now on Google Play Store - by m2049r

https://www.reddit.com/r/Monero/comments/73atah/update_monerujo_production_release_v10_now_on/



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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September 30, 2017, 04:11:44 PM
 #32995

For sure rare 3 months ago  predicted Monero at $100 at end of September. Most thought HW wallet, mobile wallet and multisig will be the triggers.

Awesome call, that was.  Lately I am more focussed on the (easier, on assumptions) longer-term estimation task:

Monero has consistently repriced higher with each positive development, and the number and scope of bullish developments in the pipe is increasing, not decreasing, as the price, hash and community all rise in tandem.  It's the foothills of the exponential phase of adoption here.  After, comes the super-exponential expansion phase, as n log n network effect  kicks in, composed with a FOMO function.  Eventually, the market saturates at a given development level, FOMO dies, and price pulls back, but until XMR denominates at least 10% of the 22 trillion  USD dark global GDP and at least 1% of the 80 trillion light GDP (for PQ = 3 tUSD) the cycle keeps repeating in a larger S-curve on a scale of ca. 10 years.  If the velocity is an historically typical 5, the market cap of XMR should top out in the neighborhood of 600 bn USD, and 1 XMR should be worth about 30k USD2012.

(The reason why BTC is over 4k now is not the size of the BTC economy, but the outsized reserve demand, which implies a much lower velocity of money.)

In the longer run (multiple decades) XMR value should grow with the global economy, so holding it will be like holding the DJ Global Index, in terms of future expectation at any given moment, which should be modulated by some XMR-specific risk factor.


I covet your enthusiasm currently.  I am discouraged by the deflating XMR/BTC status.

Most GOOD Alts have been deflating since BTC is gaining strength  I suspect BTC pump is incoming.. should have sold earlier..   Cry
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September 30, 2017, 05:42:53 PM
 #32996

Monerujo - Production Release v1.0 now on Google Play Store - by m2049r

https://www.reddit.com/r/Monero/comments/73atah/update_monerujo_production_release_v10_now_on/




Oh great, an unofficial mobile wallet.
If this doesn't smell like a great scam to steal a shitload of wallets i don't know what does...
It's also nice because they can't just steal your Monero, they can steal every other crypto you have on your mobile as well, gotta love mobile wallets and the mobile system security.
Be warned.

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September 30, 2017, 05:45:31 PM
 #32997

The coinhive.com success will increase the risk of the 51% attack. So why should not we start more of these web-mining services? Mining will be decentralized more and there will be less 51% risk.

The Monero community for sure have ability to do this.

I think there are some people already working on it. I agree it is a good idea to encourage those efforts.


Hmm... Sounds good. So you think some people are working on, or do you know some are working on it?

Think, as in secondhand reports. I don't really know so if you think this is really important don't let my comments discourage.

Also, deleted several posts from our usual spammer shilling another coin and general nonsense/abuse, along with replies
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September 30, 2017, 05:49:51 PM
 #32998

Monerujo - Production Release v1.0 now on Google Play Store - by m2049r

https://www.reddit.com/r/Monero/comments/73atah/update_monerujo_production_release_v10_now_on/




Oh great, an unofficial mobile wallet.
If this doesn't smell like a great scam to steal a shitload of wallets i don't know what does...
It's also nice because they can't just steal your Monero, they can steal every other crypto you have on your mobile as well, gotta love mobile wallets and the mobile system security.
Be warned.

No idea why mobile wallets even exist, I don't trust my andorid at all, everyone is clueless what the OS is doing and what vulnerabilities or even backdoors may lurk, why would you deposit cryptocurrency on such a device is beyond me.

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September 30, 2017, 05:52:42 PM
 #32999

Monerujo - Production Release v1.0 now on Google Play Store - by m2049r

https://www.reddit.com/r/Monero/comments/73atah/update_monerujo_production_release_v10_now_on/




Oh great, an unofficial mobile wallet.
If this doesn't smell like a great scam to steal a shitload of wallets i don't know what does...
It's also nice because they can't just steal your Monero, they can steal every other crypto you have on your mobile as well, gotta love mobile wallets and the mobile system security.
Be warned.

No idea why mobile wallets even exist, I don't trust my andorid at all, everyone is clueless what the OS is doing and what vulnerabilities or even backdoors may lurk, why would you deposit cryptocurrency on such a device is beyond me.


Consider a very big portion of all banking is done on mobile devices these days, this problem is not limited to crypto.
Mobile apps can be safe but using a 3rd party app from some unknown anonymous random guy on teh interwebs, sounds very safe!

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September 30, 2017, 05:53:38 PM
 #33000

Monerujo - Production Release v1.0 now on Google Play Store - by m2049r

https://www.reddit.com/r/Monero/comments/73atah/update_monerujo_production_release_v10_now_on/




Oh great, an unofficial mobile wallet.
If this doesn't smell like a great scam to steal a shitload of wallets i don't know what does...
It's also nice because they can't just steal your Monero, they can steal every other crypto you have on your mobile as well, gotta love mobile wallets and the mobile system security.
Be warned.

No idea why mobile wallets even exist, I don't trust my andorid at all, everyone is clueless what the OS is doing and what vulnerabilities or even backdoors may lurk, why would you deposit cryptocurrency on such a device is beyond me.




Consider a very big portion of all banking is done on mobile devices these days, this problem is not limited to crypto.
Mobile apps can be safe but using a 3rd party app from some unknown anonymous random guy on teh interwebs, sounds very safe!

How can I trust the apps if I can't trust the OS?

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