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Author Topic: [XMR] Monero Speculation  (Read 3196115 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.)
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February 09, 2018, 09:34:49 AM
 #36641

and I got verified at last. Funds still stuck showing as on order. But no orders.  :/

So close.

Cheesy

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February 09, 2018, 11:52:04 AM
 #36642

Would love to have @Aminorex 's opinion on the USD price landscape/expectations for this year...
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February 09, 2018, 01:36:00 PM
 #36643

0.03 is the new 0.02!
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February 09, 2018, 02:02:40 PM
 #36644

Monero transactional efficiency and privacy will give it a great value push in the long run. In fact, it is not hard to imagine Monero at $1000 as more people get to learn about its technological superiority over Bitcoin!
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February 09, 2018, 02:06:12 PM
 #36645

I invested all my money into monero since the drop because of the anonymity of this crypto
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February 09, 2018, 07:07:33 PM
 #36646

I invested all my money into monero since the drop because of the anonymity of this crypto

ALL of your money? Wow what a legend. If I had been willing to do that over the years I would be eating caviar on my yacht right now. I justify my unwillingness to do so by saying "yea but if I had that temperament I would probably lose it all at some point in the future" but who knows really. Either way good luck! If I was going to dump all of my money into something monero would be my choice also.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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February 09, 2018, 07:18:57 PM
 #36647

/rant

Jesus, fucking Binance is down! I finally get a order in on an exchange not named polo or coinbase and it goes down! and I missed my buy order by .0003! once again I can't buy anything by no fault of my own and its takeing off.

WTF my luck is still in the shitter! No poker for me tomorrow! Cheesy

/rant off

No Trex?  I think I'm one of the lucky ones who got an account verified within the day even tho their system sucked.  Had to do some manual verification thingy...  Then lo and behold, their support team replied within 30 minutes or so.

I'm not going to trust Trex due to them shutting down US and the fact I think the market will become rational soon and it will go Gox when USDT goes boom.

I invested all my money into monero since the drop because of the anonymity of this crypto

ALL of your money? Wow what a legend. If I had been willing to do that over the years I would be eating caviar on my yacht right now. I justify my unwillingness to do so by saying "yea but if I had that temperament I would probably lose it all at some point in the future" but who knows really. Either way good luck! If I was going to dump all of my money into something monero would be my choice also.

Having been Homeless (for a 6 month stint) and living in my car during the winter I will never put all my money into anything ever. That was the last 6 months of my CE/EE degree. I have a rule that 6 months funds for living will always be in hand. I don't have a mommy and daddy to run to. Wink

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February 09, 2018, 07:29:09 PM
 #36648

0.03 is the new 0.02!

I think similar. If you look at the chart you can see that Monero is trying to leave 0.02 btc areas behind and looking for 0.03-0.04 area without turning back again. I think the upcoming MoneroV fork will help Monero value increase and will not see below 0.03 again. Current status in coinmarketcap is under top 10, and Monero definitely needs to be in top 10 with its popularity and daily usage
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February 09, 2018, 08:15:57 PM
 #36649

So Guys, this moneroV is a scam?
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February 09, 2018, 09:02:38 PM
Last edit: February 09, 2018, 09:12:43 PM by Anon136
 #36650

I don't have a mommy and daddy to run to. Wink
Running to my mommy or daddy for help, that is an amusing thought.  Cheesy


So Guys, this moneroV is a scam?
What is their gripe with the current leadership? What pull request were they unable to get merged? These are real questions, I am actually asking, but if the answer is none and none (as I suspect) than you can pretty much be guaranteed that it's a scam. Or if not a scam than something leaning in that direction. Opportunists if you will. Either way I'll be happy to sell this fork and load up on a few extra moneroj.


Quote
Using lower transaction fees and advanced modification to the core mechanism in the way MoneroV calculates transactions and balances, we are aiming to make MoneroV fully scalable by integrating the MimbleWimble protocol.
My understanding is that mimblewimble is fundamentally incompatible with RingCT. This merits further investigation at least.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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February 09, 2018, 09:09:14 PM
 #36651

0.03 is the new 0.02!
Yes, and all the people that are patient enough can say in maybe 1-2 years that "0.1 ist the new 0.09".

I am extremely optimistic about legit anon currencies mid/long term.

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February 10, 2018, 01:01:48 AM
 #36652



I'm not going to trust Trex due to them shutting down US and the fact I think the market will become rational soon and it will go Gox when USDT goes boom.



I *think* you are confusing Bittrex and Bitfinex?
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February 10, 2018, 02:26:33 AM
 #36653

0.03 is the new 0.02!

I think similar. If you look at the chart you can see that Monero is trying to leave 0.02 btc areas behind and looking for 0.03-0.04 area without turning back again. I think the upcoming MoneroV fork will help Monero value increase and will not see below 0.03 again. Current status in coinmarketcap is under top 10, and Monero definitely needs to be in top 10 with its popularity and daily usage

monero is in the top ten.

filter non-mineable, then filter scam coins.

< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
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February 10, 2018, 02:47:14 AM
 #36654



I'm not going to trust Trex due to them shutting down US and the fact I think the market will become rational soon and it will go Gox when USDT goes boom.



I *think* you are confusing Bittrex and Bitfinex?

I think you are correct! Smiley

AFA Bittrex, I saw quite a few issues with withdrawals when checking them out so never rechecked. Has that been addressed or am I misremebering that as well? Cheesy

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February 10, 2018, 03:12:39 AM
 #36655



I'm not going to trust Trex due to them shutting down US and the fact I think the market will become rational soon and it will go Gox when USDT goes boom.



I *think* you are confusing Bittrex and Bitfinex?

I think you are correct! Smiley

AFA Bittrex, I saw quite a few issues with withdrawals when checking them out so never rechecked. Has that been addressed or am I misremebering that as well? Cheesy
Well... its purely anecdotal but I have had exactly ZERO problems with Bittrex.  To be honest I am not sure why they don't have more volume.  Verified accounts can withdraw 100BTC at a time.

But seriously YMMV... I have done very little volume with them.
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February 10, 2018, 04:31:26 AM
 #36656

0.03 is the new 0.02!
XMR will slowly beat the shit out of DASH in valuation, XMR has no FOMO but only true development. I am just waiting for the next updates from foundation.

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February 10, 2018, 04:47:03 AM
 #36657



I'm not going to trust Trex due to them shutting down US and the fact I think the market will become rational soon and it will go Gox when USDT goes boom.



I *think* you are confusing Bittrex and Bitfinex?

I think you are correct! Smiley

AFA Bittrex, I saw quite a few issues with withdrawals when checking them out so never rechecked. Has that been addressed or am I misremebering that as well? Cheesy
Well... its purely anecdotal but I have had exactly ZERO problems with Bittrex.  To be honest I am not sure why they don't have more volume.  Verified accounts can withdraw 100BTC at a time.

But seriously YMMV... I have done very little volume with them.
When I was about to sign up there, I read the user agreement.  NEVER do that lol!  Scared me away.
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February 10, 2018, 05:02:15 AM
 #36658

0.03 is the new 0.02!
XMR will slowly beat the shit out of DASH in valuation, XMR has no FOMO but only true development. I am just waiting for the next updates from foundation.

there's a Monero Foundation?


< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
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February 10, 2018, 05:32:44 AM
Merited by explorer (2), Bitcoinaire (2), Hueristic (1)
 #36659

Ok I'm a couple of paragraphs into this MoneroV-Roadmap and I can say with certainty this is complete fud.

Quote
Unfortunately, Monero has suffered from several drawbacks.
Please continue. Lets hear about all these drawbacks.


Quote
For example, Monero's infinite coin supply
Bullshit. The tail emission is useful. It's a great feature. It means that there will always be a reward for miners and if you look at the amount that is being produced it will never create significant inflation and so never negatively impact users except to the extent which they are paying for the necessary service of securing the blockchain.


Quote
the centralization of decision making that prevents the implementation of new features
This is wrong on multiple levels. It's like an onion. It has layers of wrong. First of all the decision making is not centralized. Has anyone ever submitted a useful pull request and had it denied by some sort of monero overlord? Second if monero were centralized that would ASSIST in the smooth implementation of new features. One could argue that it wouldn't be worth the cost but it would help new features be implemented more easily. And finally, monero has no problem implementing new features. Our dev team implements new features all the time.


Quote
The scaling issue of a bloated blockchain, the high transaction fees
This problem is hard. Lets see you guys go solve it so easly. You say you are going to. Well I'll believe it when I see it. And you have to do it without breaking any of the existing core features. That means RingCT must remain intact. Better get to work.


Quote
and the growing hash rate that is mainly based on mass usage of botents and unsuspected browser based miners that prevents genuine miners to compete.
First of all, who the hell cares where hashing power comes from? Who are you to judge that a botnet isn't "a genuine miner". What they are doing may be unethical but it doesn't make their hashrate contribution not genuine. And how are you going to solve this anyway? It is a natural outgrowth of the fact that one of moneros useful and good features is that cpu's are competitive with gpu's and it is ASIC resistant.


Quote
Some critical flaws that cannot be fixed rapidly due to Monero's voluntary donation based development process has deterred Monero’s widespread adoption.
Oh yea let me tell you. It's such a problem that no one premined monero. That's just what we need. Some brave soul to fix that problem for us.


Quote
Due to these circumstances, it is better to create a hard-fork split that will indefinitely fix these problems.
Oh someone is going to fall on that sword for us! Chivalry isn't dead.


Quote
MoneroV adheres to core Austrian school of economics principles and caps the total amount of XMV coins that can be created to 256 million
Right because the Austrians dont support a gold standard or anything, and gold doesn't have, oh lets see, a tail emission. GTFO.


That's it guys. I think I'm going to lose my lunch if I go any further. This is far enough.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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February 10, 2018, 05:46:33 AM
 #36660

Ok I'm a couple of paragraphs into this MoneroV-Roadmap and I can say with certainty this is complete fud.

Quote
Unfortunately, Monero has suffered from several drawbacks.
Please continue. Lets hear about all these drawbacks.


Quote
For example, Monero's infinite coin supply
Bullshit. The tail emission is useful. It's a great feature. It means that there will always be a reward for miners and if you look at the amount that is being produced it will never create significant inflation and so never negatively impact users except to the extent which they are paying for the necessary service of securing the blockchain.


Quote
the centralization of decision making that prevents the implementation of new features
This is wrong on multiple levels. It's like an onion. It has layers of wrong. First of all the decision making is not centralized. Has anyone ever submitted a useful pull request and had it denied by some sort of monero overlord? Second if monero were centralized that would ASSIST in the smooth implementation of new features. One could argue that it wouldn't be worth the cost but it would help new features be implemented more easily. And finally, monero has no problem implementing new features. Our dev team implements new features all the time.


Quote
The scaling issue of a bloated blockchain, the high transaction fees
This problem is hard. Lets see you guys go solve it so easly. You say you are going to. Well I'll believe it when I see it. And you have to do it without breaking any of the existing core features. That means RingCT must remain intact. Better get to work.


Quote
and the growing hash rate that is mainly based on mass usage of botents and unsuspected browser based miners that prevents genuine miners to compete.
First of all, who the hell cares where hashing power comes from? Who are you to judge that a botnet isn't "a genuine miner". What they are doing may be unethical but it doesn't make their hashrate contribution not genuine. And how are you going to solve this anyway? It is a natural outgrowth of the fact that one of moneros useful and good features is that cpu's are competitive with gpu's and it is ASIC resistant.


Quote
Some critical flaws that cannot be fixed rapidly due to Monero's voluntary donation based development process has deterred Monero’s widespread adoption.
Oh yea let me tell you. It's such a problem that no one premined monero. That's just what we need. Some brave soul to fix that problem for us.


Quote
Due to these circumstances, it is better to create a hard-fork split that will indefinitely fix these problems.
Oh someone is going to fall on that sword for us! Chivalry isn't dead.


Quote
MoneroV adheres to core Austrian school of economics principles and caps the total amount of XMV coins that can be created to 256 million
Right because the Austrians dont support a gold standard or anything, and gold doesn't have, oh lets see, a tail emission. GTFO.


That's it guys. I think I'm going to lose my lunch if I go any further. This is far enough.

So  you didn't get to the part where they are keeping 10% of the coins off the top for themselves?  ROFL 
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