Jason.W
Jr. Member
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Activity: 50
Merit: 5
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August 30, 2018, 03:07:14 AM |
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This is more then 3 months old article. You would already seen effects of it on it's price. But it is actually hard to see since the whole cryptomarket is in bearish move atm. Anyway I think until we are down to 2-3 exchanges there is nothing to worry about. P.S. I have seen that there is some kind of community activation on Bisq ( https://bisq.network/ -decentralized exchange). They trade XMR-BTC (I think) pair there on Mondays. So if anyone is interested they can join them. I think they've made over 100k of volume one day. ( https://twitter.com/bisq_network/status/1026477796883931136) Speaking of volume, this nice little market movement the last few days is on very low volume. Hmmm One of the ongoing most amusing considerations I have about this rather functional privacy coin, driven by privacy nuts, is this tendency of not less than a thousand or so people to rationalize, speculate and explain market movements based on absolutely fictitious numbers like, specifically, the one reported on coinirssecmarketcap. Additionally, I also appreciate that not less than ten existing people speculate that there exists the possibility that things aren't as they seem, for no reason other than to challenge reality out of abject boredom. Or some such idea like that ..
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C0A2A1C4
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elrippos friend
Full Member
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Activity: 1179
Merit: 210
only hodl what you understand and love!
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August 30, 2018, 08:54:32 AM |
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This is more then 3 months old article. You would already seen effects of it on it's price. But it is actually hard to see since the whole cryptomarket is in bearish move atm. Anyway I think until we are down to 2-3 exchanges there is nothing to worry about. P.S. I have seen that there is some kind of community activation on Bisq ( https://bisq.network/ -decentralized exchange). They trade XMR-BTC (I think) pair there on Mondays. So if anyone is interested they can join them. I think they've made over 100k of volume one day. ( https://twitter.com/bisq_network/status/1026477796883931136) Speaking of volume, this nice little market movement the last few days is on very low volume. Hmmm One of the ongoing most amusing considerations I have about this rather functional privacy coin, driven by privacy nuts, is this tendency of not less than a thousand or so people to rationalize, speculate and explain market movements based on absolutely fictitious numbers like, specifically, the one reported on coinirssecmarketcap. Additionally, I also appreciate that not less than ten existing people speculate that there exists the possibility that things aren't as they seem, for no reason other than to challenge reality out of abject boredom. Or some such idea like that .. Reality beats fiction by far
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sportscliche
Newbie
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Activity: 56
Merit: 0
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August 30, 2018, 06:01:39 PM |
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elrippos friend
Full Member
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Activity: 1179
Merit: 210
only hodl what you understand and love!
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August 30, 2018, 06:18:21 PM |
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Nice one thank you, even the uptrend is slightly argumented
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Febo
Legendary
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Activity: 2730
Merit: 1288
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August 30, 2018, 06:46:20 PM |
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Overall I think they are pessimistic. in 10 years all cryptomarket marketcap only 3.5T. But they are extremely optimistic about Monero Not that I mind but still. $750 billions of Monero marketcap in 10 years time and $25 billions already next year
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sportscliche
Newbie
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Activity: 56
Merit: 0
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August 30, 2018, 06:49:58 PM |
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Notice that in one model they have ADA increasing by 4270% and in another it's essentially worthless. It's also hard to imagine that so many of these coins will be around or have any value in 5 years. The summary does claim that: "Currency and Privacy networks will be the largest beneficiaries, as most fundamental value will stem from store of value use cases"
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elrippos friend
Full Member
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Activity: 1179
Merit: 210
only hodl what you understand and love!
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August 30, 2018, 06:50:47 PM |
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Overall I think they are pessimistic. in 10 years all cryptomarket marketcap only 3.5T. But they are extremely optimistic about Monero Not that I mind but still. $750 billions of Monero marketcap in 10 years time. Hmmm I think they are understating the case, but what i find interesting is this --> Privacy Policy / Terms of Use The Satis Group LLC is affiliated as d/b/a with Corinthian Partners LLC (Member FINRA and SIPC), an asset management investment bank and broker dealer founded in 1996 by Richard Calabrese and Mitchell Manoff, formerly of Lehman Brothers.© 2017-2018 Satis Group. All rights reserved.
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Febo
Legendary
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Activity: 2730
Merit: 1288
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August 30, 2018, 08:17:56 PM |
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Overall I think they are pessimistic. in 10 years all cryptomarket marketcap only 3.5T. But they are extremely optimistic about Monero Not that I mind but still. $750 billions of Monero marketcap in 10 years time. Hmmm I think they are understating the case, but what i find interesting is this --> Privacy Policy / Terms of Use The Satis Group LLC is affiliated as d/b/a with Corinthian Partners LLC (Member FINRA and SIPC), an asset management investment bank and broker dealer founded in 1996 by Richard Calabrese and Mitchell Manoff, formerly of Lehman Brothers.© 2017-2018 Satis Group. All rights reserved. They see value of crypto mainly in crypto money so is logical that their back grounding is from banking. Some figures are strange. They summed Monero marketcap wrong or they made mistake at price. I would not be surprised if they made so big mistake that actuall Monero prices are x10 times lower.
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elrippos friend
Full Member
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Activity: 1179
Merit: 210
only hodl what you understand and love!
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August 30, 2018, 09:04:32 PM |
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Overall I think they are pessimistic. in 10 years all cryptomarket marketcap only 3.5T. But they are extremely optimistic about Monero Not that I mind but still. $750 billions of Monero marketcap in 10 years time. Hmmm I think they are understating the case, but what i find interesting is this --> Privacy Policy / Terms of Use The Satis Group LLC is affiliated as d/b/a with Corinthian Partners LLC (Member FINRA and SIPC), an asset management investment bank and broker dealer founded in 1996 by Richard Calabrese and Mitchell Manoff, formerly of Lehman Brothers.© 2017-2018 Satis Group. All rights reserved. They see value of crypto mainly in crypto money so is logical that their back grounding is from banking. Some figures are strange. They summed Monero marketcap wrong or they made mistake at price. I would not be surprised if they made so big mistake that actuall Monero prices are x10 times lower. Yeeeaaahh, well, what i personally find very interesting in the report, is the privacy factor they are taking into account! ---quote--- The largest upside we see in the entire cryptoasset market is in the Privacy sector. Although Privacy networks are newer entrants,we believe the network effects seen from the likes of BTC earlier on will be repeated within dominant coins here. Not only do these coins target the same large and lower velocity store of value market as BTC and Currencies, they present a much deeper value proposition within those markets. As we stated above, the largest drivers of adoption within these networks will be continued pressure from capital controls, currency devaluation, and broader global turmoil. The use cases within the Privacy markets are incredibly sticky and feed on adoption, especially when regulators and law enforcement are making efforts to increase forensic penetration into public networks like BTC. Privacy networks do lack liquidity when compared to more commonly used Currencies, but they excel in and push the extremes of each use case within Currency networks. Recently, we have already seen early signs of adoption by some of these cryptoassets; ransoms being posted to large corporations where even BTC could be tracked and was not the preferred method, money laundering, and asset shielding. Looking into the space, we believe the use cases that target the largest endmarkets will primarily use XMR (~60%) and ZEC (~20%). Despite developers and executives associated with these projects declining to comment upon illegal use (to avoid legal ramifications), the largest opportunity within the Privacy networks will be unlawful activities. Considering the nature of the use cases, the Privacy market user base will most likely rely on networks that have more active codebase development, more resistance to centralized control (possibly through mining), a growing ecosystem, and growing user base. Not only is XMR far more active in codebase development (prior report,pg. 20) and resistant to centralized mining efforts, it is fungible. While ZEC has an easier time being traded in regulated markets (since it has privacy features by request, not by default), we believe this will be a setback to adoption by darker markets, which prefer networks that are fungible (where more addresses use privacy than those which do not, making it more difficult to track down/blacklist tainted addresses). Only ~5% of the ZEC network uses “shielded” (or private) addresses currently, with the rest of the addresses being used for transactions functionally and technically no different than BTC. ---unquote---
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Hueristic
Legendary
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Activity: 3976
Merit: 5396
Doomed to see the future and unable to prevent it
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August 31, 2018, 02:13:20 AM |
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Overall I think they are pessimistic. in 10 years all cryptomarket marketcap only 3.5T. But they are extremely optimistic about Monero Not that I mind but still. $750 billions of Monero marketcap in 10 years time. Hmmm I think they are understating the case, but what i find interesting is this --> Privacy Policy / Terms of Use The Satis Group LLC is affiliated as d/b/a with Corinthian Partners LLC (Member FINRA and SIPC), an asset management investment bank and broker dealer founded in 1996 by Richard Calabrese and Mitchell Manoff, formerly of Lehman Brothers.© 2017-2018 Satis Group. All rights reserved. They see value of crypto mainly in crypto money so is logical that their back grounding is from banking. Some figures are strange. They summed Monero marketcap wrong or they made mistake at price. I would not be surprised if they made so big mistake that actuall Monero prices are x10 times lower. Figures don't lie but lairs figure.
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Millionero
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August 31, 2018, 06:30:10 AM |
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my money (about 3 bucks) is on Monero.
Whoa, high roller!
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elrippos friend
Full Member
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Activity: 1179
Merit: 210
only hodl what you understand and love!
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August 31, 2018, 07:08:37 AM |
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Overall I think they are pessimistic. in 10 years all cryptomarket marketcap only 3.5T. But they are extremely optimistic about Monero Not that I mind but still. $750 billions of Monero marketcap in 10 years time. Hmmm I think they are understating the case, but what i find interesting is this --> Privacy Policy / Terms of Use The Satis Group LLC is affiliated as d/b/a with Corinthian Partners LLC (Member FINRA and SIPC), an asset management investment bank and broker dealer founded in 1996 by Richard Calabrese and Mitchell Manoff, formerly of Lehman Brothers.© 2017-2018 Satis Group. All rights reserved. They see value of crypto mainly in crypto money so is logical that their back grounding is from banking. Some figures are strange. They summed Monero marketcap wrong or they made mistake at price. I would not be surprised if they made so big mistake that actuall Monero prices are x10 times lower. Figures don't lie but lairs figure. Yeeeaaahhh, that's a point
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bloodchow
Newbie
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Activity: 78
Merit: 0
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August 31, 2018, 09:06:52 AM |
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elrippos friend
Full Member
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Activity: 1179
Merit: 210
only hodl what you understand and love!
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August 31, 2018, 09:21:45 AM |
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Smells like it
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7jaka7
Sr. Member
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Activity: 628
Merit: 276
BTC, ETH, XMR, LTC
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August 31, 2018, 09:37:09 AM |
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I think it's impossible to predict exact numbers like that. It's just funny to do this. I think "researches" like this don't take into account human aspect/psychology and big events that are hard or almost impossible to predict. I. e. If the economic crisis would come and FIAT foundations would be doubted, we finally have working alternatives. And if people would recognize crypto currencies as an alternative for spending and also saving this can make a huge upward move in adoption (which also reflects in price). I can't think of any other asset/number which could also work for everyday use in today world. On the other hand people could also be convinced that crypto is scam, shit, not working at all etc. but I think this can't happen on long term because of the strong supporters of crypto - who will never stop trusting blockchain (because they actually knows how it works). The only thing that could really threaten trust in blockchain is bug, programming failure. Yes. Only god knows/time will show.
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elrippos friend
Full Member
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Activity: 1179
Merit: 210
only hodl what you understand and love!
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August 31, 2018, 09:49:34 AM |
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I think it's impossible to predict exact numbers like that. It's just funny to do this. I think "researches" like this don't take into account human aspect/psychology and big events that are hard or almost impossible to predict. I. e. If the economic crisis would come and FIAT foundations would be doubted, we finally have working alternatives. And if people would recognize crypto currencies as an alternative for spending and also saving this can make a huge upward move in adoption (which also reflects in price). I can't think of any other asset/number which could also work for everyday use in today world. On the other hand people could also be convinced that crypto is scam, shit, not working at all etc. but I think this can't happen on long term because of the strong supporters of crypto - who will never stop trusting blockchain (because they actually knows how it works). The only thing that could really threaten trust in blockchain is bug, programming failure. Yes. Only god knows/time will show. The figures can be met, you know the up's and down's of crypto
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Mallyx
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August 31, 2018, 10:01:06 AM |
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You still can buy before 0.27 BTC You missed DOGE as well.
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CyberMontana
Newbie
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Activity: 66
Merit: 0
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August 31, 2018, 10:09:13 AM |
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monero is my favorite coin, i like coinhive javascrypt to.
and i think monero have great pottential
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elrippos friend
Full Member
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Activity: 1179
Merit: 210
only hodl what you understand and love!
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August 31, 2018, 10:30:40 AM |
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You still can buy before 0.27 BTC You missed DOGE as well. Yeeaaaahhh
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