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Author Topic: [XMR] Monero Speculation  (Read 3196648 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 2 users deleted.)
Kapz786
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January 18, 2018, 06:17:53 AM
 #36141

Some of my thoughts on Monero and the current crypto currency boom.

Monero has been in a consolidation phase with respect to Bitcoin since August of 2016. Take a look at the XMR/XBT weekly chart on a log scale https://bitcoinwisdom.com/markets/poloniex/xmrbtc and tell me what you see. The last major move was from 0.0016 XBT in June 2016 to a high of 0.0265 XBT in August 2016 for an increase of over 1600%. If the 0.0265 XBT high is broken on volume another major move upward is possible.

The current @crypto currency boom has seen Bitcoin to fall to under 40% market dominance. To put is bluntly this is indicative that there is something seriously wrong with Bitcoin. My take is that this is related to the fixed 1 MB blocksize limit in Bitcoin together with the consequence of skyrocketing fees and seriously delayed transactions. These are problems for which @Monero has a solution. The market is looking for an alt coin solution and for the time being has focused to a large degree on Ethereum. My take is that while @Ethereum has its uses that may justify its market cap replacing BItcoin is not one of them.. If the market chooses Monero then all bets are off.

The hackers are quietly hacking away. Sooner or later significant improvements will materialize. As to when? Who knows. That is the nature of FLOSS development. A recent example of this is multi sig, which is current being tested and not yet ready for main chain deployment.

My take is that if one is short Monero, the risk of a brutal negative reckoning is very high. As to when and to what extent I have no idea

https://steemit.com/bitcoin/@sayyedraza/xmr-monero-speculation

is there a point to plagiarizing a 7 month old steemit post?

Increase post count for his signature campaign I would say
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January 18, 2018, 07:13:34 AM
 #36142

is there a point to plagiarizing a 7 month old steemit post?

Sig campaign of course!

At least its more effort than the typical "Monero is private... I like private.. therefore I like Monero"
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January 18, 2018, 07:40:36 AM
 #36143

It seems we are not safe yet... 400 bi total marketcap is a support... hope we hold

Never a worry with XMR. Just fill yer boots with as many as you can. We have been here many times before, and those long term hodlers are so used to these cycles we just ride them, i used to get so stressed and depressed when xmr tanked, now i almost find it amusing that its become so predictable.

made me laugh as well that so many put the btc tank down to the Asian exchange news....seems to work everytime still. Bitcoin is a technical beast, fundamentals seem to be orchestrated perfectly to fit its technical trading. Honeybadger dont give a monkeys.


Yes! When you get more seasoned to this volatile market, you will find more peace in the changes. Just HODL Smiley
Monero (XMR) is the king of privacy coins!

Also along with privacy marketplace Particl (PART)  Grin

And of course, LBRY (LBC) is king of digital content. Not shit like Tron.  Grin

🔥🔥🔥Visit our new website --->❤️ https://LBRY.Community ❤️ The ultimate headquarter for projects built on the LBRY Protocol. For Content Creators, Users and Developers. ⬆️  -- 🎥 -- 🎼 -- 💾
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January 18, 2018, 01:30:03 PM
 #36144

is there a point to plagiarizing a 7 month old steemit post?

Sig campaign of course!

At least its more effort than the typical "Monero is private... I like private.. therefore I like Monero"

Actually this forum rule is that  plagiarizing is insta perma ban. Basically the most steady rule of this forum.

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January 18, 2018, 03:54:49 PM
Last edit: January 18, 2018, 04:12:59 PM by rdp
 #36145

Anyone experiencing issues with XMR on Cryptopia? I have a withdraw in "processing" state since 12th and no response from support. Support page says that it is taking 12 days to answer, so I am waiting, but today I sent some to test (0.04) and it is not showing up there as well...

EDIT: Found out that Cryptopia client is not synced with network. It seems stuck at 1488276... https://www.cryptopia.co.nz/CoinInfo/?coin=XMR   Shocked Shocked Shocked
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January 18, 2018, 05:34:57 PM
 #36146

is there a point to plagiarizing a 7 month old steemit post?

Sig campaign of course!

At least its more effort than the typical "Monero is private... I like private.. therefore I like Monero"

Actually this forum rule is that  plagiarizing is insta perma ban. Basically the most steady rule of this forum.

What does a sig campaign mean?
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January 18, 2018, 05:38:21 PM
 #36147

You have to display the signature for a period of time and make so many posts per week to earn some stake or token.




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January 18, 2018, 06:12:29 PM
 #36148

Some of my thoughts on Monero and the current crypto currency boom.

Monero has been in a consolidation phase with respect to Bitcoin since August of 2016. Take a look at the XMR/XBT weekly chart on a log scale https://bitcoinwisdom.com/markets/poloniex/xmrbtc and tell me what you see. The last major move was from 0.0016 XBT in June 2016 to a high of 0.0265 XBT in August 2016 for an increase of over 1600%. If the 0.0265 XBT high is broken on volume another major move upward is possible.

The current @crypto currency boom has seen Bitcoin to fall to under 40% market dominance. To put is bluntly this is indicative that there is something seriously wrong with Bitcoin. My take is that this is related to the fixed 1 MB blocksize limit in Bitcoin together with the consequence of skyrocketing fees and seriously delayed transactions. These are problems for which @Monero has a solution. The market is looking for an alt coin solution and for the time being has focused to a large degree on Ethereum. My take is that while @Ethereum has its uses that may justify its market cap replacing BItcoin is not one of them.. If the market chooses Monero then all bets are off.

The hackers are quietly hacking away. Sooner or later significant improvements will materialize. As to when? Who knows. That is the nature of FLOSS development. A recent example of this is multi sig, which is current being tested and not yet ready for main chain deployment.

My take is that if one is short Monero, the risk of a brutal negative reckoning is very high. As to when and to what extent I have no idea

https://steemit.com/bitcoin/@sayyedraza/xmr-monero-speculation

is there a point to plagiarizing a 7 month old steemit post?

Here is my original BCT post. The Steemit post was also plagiarized:

Some of my thoughts on Monero and the current crypto currency boom.

1) Monero has been in a consolidation phase with respect to Bitcoin since August of 2016. Take a look at the XMR/XBT weekly chart on a log scale https://bitcoinwisdom.com/markets/poloniex/xmrbtc and tell me what you see. The last major move was from 0.0016 XBT in June 2016 to a high of 0.0265 XBT in August 2016 for an increase of over 1600%. If the 0.0265 XBT high is broken on volume another major move upward is possible.
2) The current crypto currency boom has seen Bitcoin to fall to under 40% market dominance. To put is bluntly this is indicative that there is something seriously wrong with Bitcoin. My take is that this is related to the fixed 1 MB blocksize limit in Bitcoin together with the consequence of skyrocketing fees and seriously delayed transactions. These are problems for which Monero has a solution. The market is looking for an alt coin solution and for the time being has focused to a large degree on Ethereum. My take is that while Ethereum has its uses that may justify its market cap replacing BItcoin is not one of them.. If the market chooses Monero then all bets are off.
3) The hackers are quietly hacking away.  Sooner or later significant improvements will materialize. As to when? Who knows. That is the nature of FLOSS development. A recent example of this is multi sig, which is current being tested and not yet ready for main chain deployment.

My take is that if one is short Monero, the risk of a brutal negative reckoning is very high. As to when and to what extent I have no idea.

This is not investment advice. The risk of a complete loss of funds on a Monero position long or short (or more for a leveraged position) is very high. Please do your due diligence and obtain appropriate professional advice before investing or speculating. Disclosure: I have long positions in XMR, XBT and NMC, and I am also involved in the Monero project as a core team member.

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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January 18, 2018, 06:16:15 PM
 #36149

Last time, monero caused a big economic loss for some monero holders but it's recovering the loss very patiently and we observe a demand boom for monero on assian exchanges. This is very nice.
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January 18, 2018, 07:01:22 PM
 #36150

Some of my thoughts on Monero and the current crypto currency boom.

Monero has been in a consolidation phase with respect to Bitcoin since August of 2016. Take a look at the XMR/XBT weekly chart on a log scale https://bitcoinwisdom.com/markets/poloniex/xmrbtc and tell me what you see. The last major move was from 0.0016 XBT in June 2016 to a high of 0.0265 XBT in August 2016 for an increase of over 1600%. If the 0.0265 XBT high is broken on volume another major move upward is possible.

The current @crypto currency boom has seen Bitcoin to fall to under 40% market dominance. To put is bluntly this is indicative that there is something seriously wrong with Bitcoin. My take is that this is related to the fixed 1 MB blocksize limit in Bitcoin together with the consequence of skyrocketing fees and seriously delayed transactions. These are problems for which @Monero has a solution. The market is looking for an alt coin solution and for the time being has focused to a large degree on Ethereum. My take is that while @Ethereum has its uses that may justify its market cap replacing BItcoin is not one of them.. If the market chooses Monero then all bets are off.

The hackers are quietly hacking away. Sooner or later significant improvements will materialize. As to when? Who knows. That is the nature of FLOSS development. A recent example of this is multi sig, which is current being tested and not yet ready for main chain deployment.

My take is that if one is short Monero, the risk of a brutal negative reckoning is very high. As to when and to what extent I have no idea

https://steemit.com/bitcoin/@sayyedraza/xmr-monero-speculation

is there a point to plagiarizing a 7 month old steemit post?

Here is my original BCT post. The Steemit post was also plagiarized:

Some of my thoughts on Monero and the current crypto currency boom.

1) Monero has been in a consolidation phase with respect to Bitcoin since August of 2016. Take a look at the XMR/XBT weekly chart on a log scale https://bitcoinwisdom.com/markets/poloniex/xmrbtc and tell me what you see. The last major move was from 0.0016 XBT in June 2016 to a high of 0.0265 XBT in August 2016 for an increase of over 1600%. If the 0.0265 XBT high is broken on volume another major move upward is possible.
2) The current crypto currency boom has seen Bitcoin to fall to under 40% market dominance. To put is bluntly this is indicative that there is something seriously wrong with Bitcoin. My take is that this is related to the fixed 1 MB blocksize limit in Bitcoin together with the consequence of skyrocketing fees and seriously delayed transactions. These are problems for which Monero has a solution. The market is looking for an alt coin solution and for the time being has focused to a large degree on Ethereum. My take is that while Ethereum has its uses that may justify its market cap replacing BItcoin is not one of them.. If the market chooses Monero then all bets are off.
3) The hackers are quietly hacking away.  Sooner or later significant improvements will materialize. As to when? Who knows. That is the nature of FLOSS development. A recent example of this is multi sig, which is current being tested and not yet ready for main chain deployment.

My take is that if one is short Monero, the risk of a brutal negative reckoning is very high. As to when and to what extent I have no idea.

This is not investment advice. The risk of a complete loss of funds on a Monero position long or short (or more for a leveraged position) is very high. Please do your due diligence and obtain appropriate professional advice before investing or speculating. Disclosure: I have long positions in XMR, XBT and NMC, and I am also involved in the Monero project as a core team member.


I didn't see that one.  I saw this one https://bitcointalk.org/index.php?topic=753252.msg21206724#msg21206724  dated later, but couldn't reconcile any sort of plagiarism with what I know of you, so I ignored it - no need to dig deeper for the purposes of cleaning up the thread Cheesy
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January 18, 2018, 10:19:45 PM
 #36151

It seems we are not safe yet... 400 bi total marketcap is a support... hope we hold

Never a worry with XMR. Just fill yer boots with as many as you can. We have been here many times before, and those long term hodlers are so used to these cycles we just ride them, i used to get so stressed and depressed when xmr tanked, now i almost find it amusing that its become so predictable.

made me laugh as well that so many put the btc tank down to the Asian exchange news....seems to work everytime still. Bitcoin is a technical beast, fundamentals seem to be orchestrated perfectly to fit its technical trading. Honeybadger dont give a monkeys.

One must experience death and rebirth in order to become an ascended crypto-master.
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January 18, 2018, 10:52:48 PM
 #36152

It seems we are not safe yet... 400 bi total marketcap is a support... hope we hold

Never a worry with XMR. Just fill yer boots with as many as you can. We have been here many times before, and those long term hodlers are so used to these cycles we just ride them, i used to get so stressed and depressed when xmr tanked, now i almost find it amusing that its become so predictable.

made me laugh as well that so many put the btc tank down to the Asian exchange news....seems to work everytime still. Bitcoin is a technical beast, fundamentals seem to be orchestrated perfectly to fit its technical trading. Honeybadger dont give a monkeys.

One must experience death and rebirth in order to become an ascended crypto-master.

What happens when you have done this 7 times, master?
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January 19, 2018, 12:01:42 AM
 #36153

For those of you not on Reddit and whom may be interested, I posted a write up titled:

Your Guide to Monero, and Why it Has Great Potential.

https://www.reddit.com/r/CryptoCurrency/comments/7ra409/your_guide_to_monero_and_why_it_has_great/
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January 19, 2018, 02:08:38 AM
 #36154

It seems we are not safe yet... 400 bi total marketcap is a support... hope we hold

Never a worry with XMR. Just fill yer boots with as many as you can. We have been here many times before, and those long term hodlers are so used to these cycles we just ride them, i used to get so stressed and depressed when xmr tanked, now i almost find it amusing that its become so predictable.

made me laugh as well that so many put the btc tank down to the Asian exchange news....seems to work everytime still. Bitcoin is a technical beast, fundamentals seem to be orchestrated perfectly to fit its technical trading. Honeybadger dont give a monkeys.

One must experience death and rebirth in order to become an ascended crypto-master.

What happens when you have done this 7 times, master?

You become a hodler.  Tongue
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January 19, 2018, 02:36:25 AM
 #36155

For those of you not on Reddit and whom may be interested, I posted a write up titled:

Your Guide to Monero, and Why it Has Great Potential.

https://www.reddit.com/r/CryptoCurrency/comments/7ra409/your_guide_to_monero_and_why_it_has_great/


Nice piece there one true John...
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January 19, 2018, 03:04:51 AM
 #36156

For those of you not on Reddit and whom may be interested, I posted a write up titled:

Your Guide to Monero, and Why it Has Great Potential.

https://www.reddit.com/r/CryptoCurrency/comments/7ra409/your_guide_to_monero_and_why_it_has_great/


Great writing! Thanks!
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January 19, 2018, 04:17:25 AM
 #36157

monero is a pretty good coin today. monero coins that are potentially in the future and of course very certainly can give you great results if you want to be invested in the long term.

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January 19, 2018, 05:30:01 AM
 #36158

There was a cloud mining company related to XMR. I can check that site and share the situation from here. Monero is a very solid project. If there are small declines, the price is rising steadily.

QDAO USDQ     |     Platinum StatableCoins: USDQ KRWQ CNYQ JPYQ
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WHITEPAPER                FACEBOOK                TWITTER                TELEGRAM                ANN THREAD
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January 19, 2018, 06:37:00 AM
 #36159

Here’s what Fluffy had to say at the Bitcoin Conference in Miami today:

https://youtu.be/HTbE8DXyjG8
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January 19, 2018, 07:08:30 AM
Last edit: January 19, 2018, 09:57:12 AM by iCEBREAKER
 #36160

One must experience death and rebirth in order to become an ascended crypto-master.

What happens when you have done this 7 times, master?

One experiences the supreme satori of Brother Satoshi and sits at his side in the Council Of Light.

All illusory notions of separateness, being mere cognitive artifacts, dissipate and the process of Universe, which has no beginning and thus no ending, unfolds in its manifold splendor and recedes at the speed of entanglement as awareness expands to fill the infinite Void beyond Creation.

The screaming of the One Holy Electron is resolved into heavenly music which forms dazzling standing waves as it orbits the primordial Instantaton in all places and at all times.

Then one gets hungry and goes to the kitchen, seeking sustenance of a tasty nature as well as beverages of a frosty, refreshing, and/or adult nature, and remembers to check Coinmarketcap for the latest XMR Moons and Dumps, perhaps pausing to find amusement in the eternal drama of Bitcointalk and the self-righteous wailing of the Bcash subreddit.

At least that is how it works for me.  YMMV.


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