[XMR] Monero Speculation

[boomboom]

Wouldn't it be cool if someone used the exact same privacy tech as Zcash, but launched it without the founders tax nonsense, ...

Someone should launch ZCash without trusted setup to be useful. I believe that will be soon possible. So expect gazillion such coins.

+1
Agreed, Zcash relaunch without the trusted setup and founders tax, and with enforced z only transactions would be a pretty awesome coin!

[Moon_Man]

We got close to ZEC price again in last days, but did not get ahead. I dont believe Monero was ever more expensive then ZEC so far.  This was sort of destined to happen because of the emission. Doubt many here speculated it will not happen this long. Any ideas when Monero will get more expensive then ZEC?

We're getting there.

the fluffening

[Hueristic]

Wouldn't it be cool if someone used the exact same privacy tech as Zcash, but launched it without the founders tax nonsense, and made it so all transactions were private by default, so the coin was actually fungible and usable as digital cash.

Someone did!


https://bitcointalk.org/index.php?topic=4979549.0

Doesn't matter, ZK-Snarks is a trusted setup and that cannot change so no matter what you do with it it is a non starter.

[consideritdone]

monero has been up almost 40% since 3 months ago

[gembitz]

We got close to ZEC price again in last days, but did not get ahead. I dont believe Monero was ever more expensive then ZEC so far.  This was sort of destined to happen because of the emission. Doubt many here speculated it will not happen this long. Any ideas when Monero will get more expensive then ZEC?

We're getting there.

the fluffening

ZCL is going to introduce ring signatures?    lol

[gembitz]

monero has been up almost 40% since 3 months ago

BTI stealth swap wallet coming XMR is on the list weeee

===>

https://freiexchange.com/market/BTI/BTC

[joroz]

So the Bytecoin/Minergate/Changelly/CMC/Cointelegraph pond gets even deeper:

https://steemit.com/bitcoin/@somenotesand/russia-s-changelly-atomic-wallet-changenow-guarda-ink-one-evercode-lab

First person to connect the dots all the way back to BCN wins.

Haha - Charlie Shrem is associated with these scammers. Maybe they met in prison?

[smooth]

We got close to ZEC price again in last days, but did not get ahead. I dont believe Monero was ever more expensive then ZEC so far.  This was sort of destined to happen because of the emission. Doubt many here speculated it will not happen this long. Any ideas when Monero will get more expensive then ZEC?

We're getting there.

the fluffening

ZCL is going to introduce ring signatures?    lol

Yes, and masternode blinding.

[elrippos friend]

monero has been up almost 40% since 3 months ago

So that equals to 218% in one year 

[leea-1334]

We got close to ZEC price again in last days, but did not get ahead. I dont believe Monero was ever more expensive then ZEC so far.  This was sort of destined to happen because of the emission. Doubt many here speculated it will not happen this long. Any ideas when Monero will get more expensive then ZEC?

Probably soon (2-10 days). But we will see if the higher price will last. I am no expert in TA but it seems like they have pretty similar support levels (around $90-$100) so we will see which one will be stronger.
What do you think the consequences of this "flippening" may be?
BTW. Just saw this article today explaining how private ZCash really is.

True,,, even I did not think it would happen this long, or this year. I know long term Monero has the strength and vitality to outperform ZEC but because of the marketing and hype surrounding such coins, plus with the fud of Monero and temporary weakening from multiple forks, it was not logical to see a price increase over the short term.

Did anyone notice how high the values for XMR trading on p2p like bsq is climbing higher and higher? That is a good sign even in these bad times.

[Febo]

monero has been up almost 40% since 3 months ago

More like 10% down from 3 months ago. In both BTC or UDS.  Not sure what you been looking at.

So the Bytecoin/Minergate/Changelly/CMC/Cointelegraph pond gets even deeper:

https://steemit.com/bitcoin/@somenotesand/russia-s-changelly-atomic-wallet-changenow-guarda-ink-one-evercode-lab

First person to connect the dots all the way back to BCN wins.

Haha - Charlie Shrem is associated with these scammers. Maybe they met in prison?

He is actually advisers of like 100 ICOs. So you might see he is not advising anyone, but rather selling his name.

[Hueristic]

ZCL is going to introduce ring signatures?    lol

Yes, and masternode blinding.

Lol, good one! Hah, I thought that was a joke until I realized you had quoted the Zclassic symbol (although he was in response to a ZEC post) and then I checked and yup they are talking about it. ROFLMFAO, you just can't make this shit up!

[johnfoss]

The Monero Moon – A new curated weekly newsletter regarding all things Monero (Issue 2)

https://medium.com/@johnfoss/the-monero-moon-issue-2-c1e4e945ba14

[infofront]

We got close to ZEC price again in last days, but did not get ahead. I dont believe Monero was ever more expensive then ZEC so far.  This was sort of destined to happen because of the emission. Doubt many here speculated it will not happen this long. Any ideas when Monero will get more expensive then ZEC?

ZEC was pumped from before launch with insider trading on tokens before chain launch and has been artificially held up since. It will die a slow death but it will die as any non trustless system will.

According to that Satis report that's floating around, ZEC will do pretty well.



But if that means $6,500 Monero in three years, I'm good with it.

[Hueristic]

The Monero Moon – A new curated weekly newsletter regarding all things Monero (Issue 2)

https://medium.com/@johnfoss/the-monero-moon-issue-2-c1e4e945ba14

Dammit, just dropped all my merit. I Owe you merit for this from last month as well.

Merit this guy guys.

We got close to ZEC price again in last days, but did not get ahead. I dont believe Monero was ever more expensive then ZEC so far.  This was sort of destined to happen because of the emission. Doubt many here speculated it will not happen this long. Any ideas when Monero will get more expensive then ZEC?

ZEC was pumped from before launch with insider trading on tokens before chain launch and has been artificially held up since. It will die a slow death but it will die as any non trustless system will.

According to that Satis report that's floating around, ZEC will do pretty well.



But if that means $6,500 Monero in three years, I'm good with it.

Yeah, I really don't know what to make of that chart. I'm sure it has ulterior motives other than just forecasting.

[infofront]

The full report is available here: https://research.bloomberg.com/pub/res/d37g1Q1hEhBkiRCu_ruMdMsbc0A

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 end-markets 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.

[vit05]

After all, this recent bloodbath the price of Monero has resisted well. I remember that for some time it was similar to the LTC. Now it's double. Not that this comparison is worth anything, but it is a simple way to compare.

There was a great fall with the hunt the anonymous coins by the authorities of Asian countries. But in those two weeks besides resisting the falls still rises above average.

Monero is undoubtedly the only anonymous project. Still has several difficulties. But my theory is that some people are selling BTCs from their exchanges in an attempt to escape from KYC and to leave no trace they choose Monero.

This shows that eventually, monero will outperform other projects as the standard currency of those seeking freedom and privacy.

[Hueristic]

The full report is available here: https://research.bloomberg.com/pub/res/d37g1Q1hEhBkiRCu_ruMdMsbc0A

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 end-markets 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.

I remember reading that when it was first released (did you post it back then?). But was unsure then whether to put any credence into it or not. I find it hard to believe Dash will be in the green or even exist at that time. But then again I can't believe alot of shitcoin scams are still around. People never cease to amaze me.

After all, this recent bloodbath the price of Monero has resisted well. I remember that for some time it was similar to the LTC. Now it's double. Not that this comparison is worth anything, but it is a simple way to compare.

There was a great fall with the hunt the anonymous coins by the authorities of Asian countries. But in those two weeks besides resisting the falls still rises above average.

Monero is undoubtedly the only anonymous project. Still has several difficulties. But my theory is that some people are selling BTCs from their exchanges in an attempt to escape from KYC and to leave no trace they choose Monero.

This shows that eventually, monero will outperform other projects as the standard currency of those seeking freedom and privacy.

Monero took a big hit really early and has pretty much found it's floor I think, but in this space who knows???

[Febo]

We got close to ZEC price again in last days, but did not get ahead. I dont believe Monero was ever more expensive then ZEC so far.  This was sort of destined to happen because of the emission. Doubt many here speculated it will not happen this long. Any ideas when Monero will get more expensive then ZEC?

ZEC was pumped from before launch with insider trading on tokens before chain launch and has been artificially held up since. It will die a slow death but it will die as any non trustless system will.

According to that Satis report that's floating around, ZEC will do pretty well.

From their report all crypto currencies that act as a currency will do well. In general I think their report is pessimistic. 

After all, this recent bloodbath the price of Monero has resisted well. I remember that for some time it was similar to the LTC. Now it's double. Not that this comparison is worth anything, but it is a simple way to compare.

There was a great fall with the hunt the anonymous coins by the authorities of Asian countries. But in those two weeks besides resisting the falls still rises above average.

Monero is undoubtedly the only anonymous project. Still has several difficulties. But my theory is that some people are selling BTCs from their exchanges in an attempt to escape from KYC and to leave no trace they choose Monero.

This shows that eventually, monero will outperform other projects as the standard currency of those seeking freedom and privacy.

Litecoin got a great competitor in BCH. That for sure influenced LTC price.

[leea-1334]

After all, this recent bloodbath the price of Monero has resisted well. I remember that for some time it was similar to the LTC. Now it's double. Not that this comparison is worth anything, but it is a simple way to compare.

There was a great fall with the hunt the anonymous coins by the authorities of Asian countries. But in those two weeks besides resisting the falls still rises above average.

Monero is undoubtedly the only anonymous project. Still has several difficulties. But my theory is that some people are selling BTCs from their exchanges in an attempt to escape from KYC and to leave no trace they choose Monero.

This shows that eventually, monero will outperform other projects as the standard currency of those seeking freedom and privacy.

That is the real takeaway from everything I ever see about Monero, same as Bitcoin, the resistance to negativity. I agree we should not be looking at comparisons as they cannot predict the future outcome but we can learn about how strong Monero is in the face of bad developments and how quietly it always moves as it grows ever in adoption and use.

Absolutely people will choose Monero when they want a privacy coin. They can always go for ZEC, Dash, whatever,,, but in the end, you cannot beat XMR's acceptance.