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Author Topic: [XMR] Monero Speculation  (Read 3180603 times)
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Bernardo lewanusa
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September 11, 2018, 06:07:26 AM
 #39341

Monero is down right now like everything else. I'm checking MA50 with 4hours graphic, prices still hasn't touched ma50. If it goes below 0.01640 btc, it may go down more :/ I hope it recovers from there.

XMR did not lose so much in comparison with some other cryptocurrencies which are in the top-20. Moreover, Monero managed to show his best potential - recently it was growing well.
Monero is still very difficult to use by an ordinary user. The big chance for Monero is now. With the speculative market down. It should still prove useful as the main anonymous currency. The king of the dark net. The free currency.

However the available wallets are still very bad. The fees are high. And few use as a currency. Still, I believe in the project, but it's sad that they are wasting the best chance they could have.
in my opinion monero will be stable at 100 $,
and will rise if the price of bitcoin has reached 10000 $
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September 11, 2018, 06:23:46 AM
 #39342


Cointelegraph (owned by Minergate) is not in good standing with the community. I wonder why the owner of xmrwallet.com would choose to advertise there of all places...
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September 11, 2018, 10:42:19 AM
 #39343


Cointelegraph (owned by Minergate) is not in good standing with the community. I wonder why the owner of xmrwallet.com would choose to advertise there of all places...
It probably still reach a lot of people, which is good to attract new people to get to know Monero. [edited: 1740 views of this article until now, which is not really a big number IMO] Probably better then other media news. And of course in the end it all comes to price. Maybe Cointelegraph has lower theirs due to smaller demand.
Anyway, good to see development on making using Monero easier for average user and on increasing it's utility.

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September 11, 2018, 11:24:42 AM
 #39344

Monero is down right now like everything else. I'm checking MA50 with 4hours graphic, prices still hasn't touched ma50. If it goes below 0.01640 btc, it may go down more :/ I hope it recovers from there.

XMR did not lose so much in comparison with some other cryptocurrencies which are in the top-20. Moreover, Monero managed to show his best potential - recently it was growing well.
Monero is still very difficult to use by an ordinary user. The big chance for Monero is now. With the speculative market down. It should still prove useful as the main anonymous currency. The king of the dark net. The free currency.

However the available wallets are still very bad. The fees are high. And few use as a currency. Still, I believe in the project, but it's sad that they are wasting the best chance they could have.

Have you tried the MyMonero desktop wallet?

https://github.com/mymonero/mymonero-app-js/releases/tag/v1.0.0

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 11, 2018, 02:27:49 PM
 #39345

Monero is down right now like everything else. I'm checking MA50 with 4hours graphic, prices still hasn't touched ma50. If it goes below 0.01640 btc, it may go down more :/ I hope it recovers from there.

XMR did not lose so much in comparison with some other cryptocurrencies which are in the top-20. Moreover, Monero managed to show his best potential - recently it was growing well.
Monero is still very difficult to use by an ordinary user. The big chance for Monero is now. With the speculative market down. It should still prove useful as the main anonymous currency. The king of the dark net. The free currency.

However the available wallets are still very bad. The fees are high. And few use as a currency. Still, I believe in the project, but it's sad that they are wasting the best chance they could have.

The GUI wallet works very well. When bulletproofs come out fees will be cheaper   Shocked
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September 11, 2018, 04:41:08 PM
 #39346


Yeah, this isn't gonna rip everyone off.



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September 11, 2018, 07:13:32 PM
 #39347


Cointelegraph (owned by Minergate) is not in good standing with the community. I wonder why the owner of xmrwallet.com would choose to advertise there of all places...

Yeeeaaaahhhhh, well i tend to get my info from more then one source  Wink
I don't know why the add is "only" there, but i can not recall, that anybody said "hey guys, look at this wallet, i am using it, feels good!" --> So that's my conclusion, just wanted to know what you guys think  Smiley

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September 11, 2018, 07:41:53 PM
 #39348

Monero is down right now like everything else. I'm checking MA50 with 4hours graphic, prices still hasn't touched ma50. If it goes below 0.01640 btc, it may go down more :/ I hope it recovers from there.

XMR did not lose so much in comparison with some other cryptocurrencies which are in the top-20. Moreover, Monero managed to show his best potential - recently it was growing well.
Monero is still very difficult to use by an ordinary user. The big chance for Monero is now. With the speculative market down. It should still prove useful as the main anonymous currency. The king of the dark net. The free currency.

However the available wallets are still very bad. The fees are high. And few use as a currency. Still, I believe in the project, but it's sad that they are wasting the best chance they could have.

The GUI wallet works very well. When bulletproofs come out fees will be cheaper   Shocked
Is there any ETA for bulletproofs?
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September 11, 2018, 08:20:11 PM
 #39349

Monero is down right now like everything else. I'm checking MA50 with 4hours graphic, prices still hasn't touched ma50. If it goes below 0.01640 btc, it may go down more :/ I hope it recovers from there.

XMR did not lose so much in comparison with some other cryptocurrencies which are in the top-20. Moreover, Monero managed to show his best potential - recently it was growing well.
Monero is still very difficult to use by an ordinary user. The big chance for Monero is now. With the speculative market down. It should still prove useful as the main anonymous currency. The king of the dark net. The free currency.

However the available wallets are still very bad. The fees are high. And few use as a currency. Still, I believe in the project, but it's sad that they are wasting the best chance they could have.

The GUI wallet works very well. When bulletproofs come out fees will be cheaper   Shocked
Is there any ETA for bulletproofs?

They will go live on mainnet with the next scheduled hard fork, which occurs on approximately the 18th of October.

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 11, 2018, 11:37:22 PM
Last edit: September 11, 2018, 11:50:53 PM by Johnny Mnemonic
 #39350


Cointelegraph (owned by Minergate) is not in good standing with the community. I wonder why the owner of xmrwallet.com would choose to advertise there of all places...
It probably still reach a lot of people, which is good to attract new people to get to know Monero. [edited: 1740 views of this article until now, which is not really a big number IMO] Probably better then other media news. And of course in the end it all comes to price. Maybe Cointelegraph has lower theirs due to smaller demand.
Anyway, good to see development on making using Monero easier for average user and on increasing it's utility.

My suspicion is they didn't pay for advertising at all, because they're part of the same organization. Honest community members wouldn't want to have anything to do with Cointelegraph (let alone pay for the association) unless they are new and completely unaware of its history.

EDIT: The Bytecoin/Minergate devs can't help but out themselves. It's like they're winking at us, in some kind of ego-driven need to let us know they're still here. I've never understood it but it fascinates me.
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September 12, 2018, 05:12:28 AM
 #39351


Cointelegraph (owned by Minergate) is not in good standing with the community. I wonder why the owner of xmrwallet.com would choose to advertise there of all places...
It probably still reach a lot of people, which is good to attract new people to get to know Monero. [edited: 1740 views of this article until now, which is not really a big number IMO] Probably better then other media news. And of course in the end it all comes to price. Maybe Cointelegraph has lower theirs due to smaller demand.
Anyway, good to see development on making using Monero easier for average user and on increasing it's utility.

My suspicion is they didn't pay for advertising at all, because they're part of the same organization. Honest community members wouldn't want to have anything to do with Cointelegraph (let alone pay for the association) unless they are new and completely unaware of its history.

EDIT: The Bytecoin/Minergate devs can't help but out themselves. It's like they're winking at us, in some kind of ego-driven need to let us know they're still here. I've never understood it but it fascinates me.

Maybe, we will see in the future. Like looking a shitty tv-program which is so bad, that it turns out to be funny again  Grin

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September 12, 2018, 02:44:10 PM
 #39352

Quoting Vitalik Buterin from https://www.forbes.com/sites/rachelwolfson/2018/08/15/vitalik-buterin-on-the-state-of-ethereum-the-future-of-blockchain-and-google-trying-to-hire-him/ : "The Casper protocol is getting much closer to being finalized at this point. It’s just pending review on academic analysis"

For those who are not aware, Casper will introduce Proof of Stake instead of Proof of Work for ETH. So many GPU miners (especially on AMD chips) will naturally shift to XMR being the next most profitable coin to mine.

So my question is simple: what effect do you think will Casper have on the price of Monero?

Eth is proving time and a gain what a hyped POS coin it has always been and when the miners leave the price will just continue down the shitter as the Scam ICO's get shut down. So it should naturally turn people attention to solid projects such as this one.

I agree ETH looks overhyped. I invite everybody to look at http://bpeindex.com/ to understand how XMR is cheap at the moment...

No doubt Casper will attract GPU miners to Monero. But what do you think about the afflux of miners on the price of XMR (not ETH)? For example:

  • scenario1 = miners need to pay for their electricity bills in fiat, so they sell their mined XMR, which is driving the price down (miners sell, but don't buy)
  • scenario2 = miners need to pay for their electricity bills in fiat, but they sell their mined XMR at least at cost price which is ~143USD with current difficulty (~51,725,000,000) & $0.10 per KW/H & 1% pool fee. I know $0.10 per KW/H might sound high but I am including the whole cost. Watch https://www.youtube.com/watch?v=YLivTR3KBxs if you don't understand the global cost of mining for big farms
  • scenario3 = ?

I'd like to read various opinions of this community on this subject

Well, I might get the answer to my question even before the introduction of Casper as many miners switched to Monero since last week:


Let's sit and observe now.

1 BTC = 1 BTC
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September 12, 2018, 05:28:15 PM
 #39353



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September 12, 2018, 07:10:13 PM
 #39354

Monero is down right now like everything else. I'm checking MA50 with 4hours graphic, prices still hasn't touched ma50. If it goes below 0.01640 btc, it may go down more :/ I hope it recovers from there.

XMR did not lose so much in comparison with some other cryptocurrencies which are in the top-20. Moreover, Monero managed to show his best potential - recently it was growing well.
Monero is still very difficult to use by an ordinary user. The big chance for Monero is now. With the speculative market down. It should still prove useful as the main anonymous currency. The king of the dark net. The free currency.

However the available wallets are still very bad. The fees are high. And few use as a currency. Still, I believe in the project, but it's sad that they are wasting the best chance they could have.

The GUI wallet works very well. When bulletproofs come out fees will be cheaper   Shocked
Is there any ETA for bulletproofs?

Next fork IIRC, which is slated for OCT I think.


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September 12, 2018, 08:00:39 PM
 #39355

Self-moderated thread for discussion of Monero trading and price speculation.

Off topic posts will be removed. Off topic includes any extensive discussion of other coins, promoting other coins, or posting of promotional materials from other coins.

Non-substantive comments such as Monero sucks, Monero is a scam, Monero is great, Monero to the moon, etc. are considered off topic. Every post and reply should add to the discussion. The preceding sentence forbids repetitive exchanges on the same topic without some topical context.

Hostile trolling (which includes but is not limited to use of "meme" pictures to attack or demean) especially by sock puppet accounts is not allowed.

When quoting posts, please remove any large charts or other images unless the quoted post is at least one page old. Please shrink (or remove) large images in replies in all cases.

When I am speaking as the moderator, and only then, I will write in red. Other messages using red text are not permitted.

People speculating on Monero may also be interested in the MoneroMarkets subreddit (unaffiliated)
Monero is a coin based upon the idea of complete privacy and security. It is a coin whose transactions are completely anonymous and untraceable making it one of the better privacy coins available out there. Even the amount sent can't be traced making it one of the better choices for black market.
Monero has one of the better development teams backing it which is another factor which makes it fit for investment. I think the coin has tremendous amount of potential to grow and you can easily expect it's value to be around 400-500$ by end of this year for sure.
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September 13, 2018, 12:31:21 PM
 #39356

I do not understand anything for this xmr I am constantly changing the price. I guess it's a coin that whales love so much. because the price change sometimes makes me dizzy.

You are right was $70 then $140 then back to $100. Easily to make a fortune out of it or lose almost everything. In just a month that was not even that turbulent.

And it seems we are going back to $140 again. Just usual weeks in crypto.

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September 13, 2018, 03:30:20 PM
 #39357

I do not understand anything for this xmr I am constantly changing the price. I guess it's a coin that whales love so much. because the price change sometimes makes me dizzy.

You are right was $70 then $140 then back to $100. Easily to make a fortune out of it or lose almost everything. In just a month that was not even that turbulent.

And it seems we are going back to $140 again. Just usual weeks in crypto.

It seems the XMR has hit the bottom. It is rising faster than BTC or BCH now.
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September 13, 2018, 05:11:14 PM
 #39358

Good to see XMR difficulty starting to move in the right direction.
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September 13, 2018, 05:16:10 PM
 #39359

Monero is a very good coin and what it most often uses for anonymous transactions speaks volumes. I believe that this is a coin when the growth of the market will necessarily increase in price.
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September 14, 2018, 10:26:27 AM
 #39360


Number of Monero ATMs was on 8th Jully 71 and  18th August 80.


Now 90 and new countries are China, Belarus and Bulgaria.

USA       17
Czech    15
Spain    14
Russia    11                   
Slovakia  8           
Austria    7           
Canada    5           
Australia  3
Ukraine   3
Belarus   1
Bulgaria  1
China      1
Slovenia  1
Italy        1
Mexico     1         
Chile       1 

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