Bitcoin Forum
April 26, 2019, 02:41:11 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 [1990] 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 »
  Print  
Author Topic: [XMR] Monero Speculation  (Read 3176842 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.
cAPSLOCK
Legendary
*
Offline Offline

Activity: 2170
Merit: 1282


UNLEASH THE FURY!


View Profile
November 05, 2018, 06:13:19 PM
 #39781

scale of testing != best implementation

The bug recently found underscores that even BTC, with its obvious limitations, isn't flawless or vetted enough. Also, there's the well-known fact, at least in this neck of the woods, that Bitcoin's aim to be an "eletronic cash" hasn't panned out.

If you had one job to do and couldn't do it, would you consider yourself the best?


I tend to fall on the small block (at least for now) side of that argument, and believe bitcoin will find it's way in the end. 

Montero does an interesting job of pointing to a lot of possible solutions though...
1556246471
Hero Member
*
Offline Offline

Posts: 1556246471

View Profile Personal Message (Offline)

Ignore
1556246471
Reply with quote  #2

1556246471
Report to moderator
1556246471
Hero Member
*
Offline Offline

Posts: 1556246471

View Profile Personal Message (Offline)

Ignore
1556246471
Reply with quote  #2

1556246471
Report to moderator
1556246471
Hero Member
*
Offline Offline

Posts: 1556246471

View Profile Personal Message (Offline)

Ignore
1556246471
Reply with quote  #2

1556246471
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1556246471
Hero Member
*
Offline Offline

Posts: 1556246471

View Profile Personal Message (Offline)

Ignore
1556246471
Reply with quote  #2

1556246471
Report to moderator
1556246471
Hero Member
*
Offline Offline

Posts: 1556246471

View Profile Personal Message (Offline)

Ignore
1556246471
Reply with quote  #2

1556246471
Report to moderator
1556246471
Hero Member
*
Offline Offline

Posts: 1556246471

View Profile Personal Message (Offline)

Ignore
1556246471
Reply with quote  #2

1556246471
Report to moderator
Hueristic
Legendary
*
Offline Offline

Activity: 1974
Merit: 1167


Doomed to see the future and unable to prevent it


View Profile
November 05, 2018, 11:38:40 PM
 #39782


But we should also consider that BTC is still the best implementation of a cryptocurrency.  And if there was something that's gonna outlive every coin in the space, it's still gonna be BTC imho.

The rest haven't really been tested at the same scale that BTC has.

https://medium.com/s/story/the-domestication-of-cryptocurrency-acc832a0ad1c

boomboom
Hero Member
*****
Offline Offline

Activity: 942
Merit: 508



View Profile
November 06, 2018, 02:19:39 AM
 #39783

But we should also consider that BTC is still the best implementation of a cryptocurrency.  And if there was something that's gonna outlive every coin in the space, it's still gonna be BTC imho.

The rest haven't really been tested at the same scale that BTC has.

The lasting legacy of Bitcoin will be the total market cap of the cryptosphere, this pool of wealth is only 10 years old, and unlike any other in human history, it is free of conventional control, growing over time, and can morph itself into other forms almost immediately with minimal costs. Bitcoin and all other current crypto tokens might not exist in 10 years, but the pool of wealth will, it will continue morphing into new tokens by new tech as long as humans exist.
Globb0
Legendary
*
Offline Offline

Activity: 1862
Merit: 1311


I love my 2.4 children


View Profile
November 06, 2018, 09:51:56 AM
 #39784

But we should also consider that BTC is still the best implementation of a cryptocurrency.  And if there was something that's gonna outlive every coin in the space, it's still gonna be BTC imho.

The rest haven't really been tested at the same scale that BTC has.

The lasting legacy of Bitcoin will be the total market cap of the cryptosphere, this pool of wealth is only 10 years old, and unlike any other in human history, it is free of conventional control, growing over time, and can morph itself into other forms almost immediately with minimal costs. Bitcoin and all other current crypto tokens might not exist in 10 years, but the pool of wealth will, it will continue morphing into new tokens by new tech as long as humans exist.

I liked your post, this is what I thought of after...


Bah Humbug
tokeweed
Legendary
*
Offline Offline

Activity: 2114
Merit: 1044


Life, Love and Laughter...


View Profile
November 06, 2018, 11:42:03 AM
 #39785

^  Wtf.  Lol.

scale of testing != best implementation

The bug recently found underscores that even BTC, with its obvious limitations, isn't flawless or vetted enough. Also, there's the well-known fact, at least in this neck of the woods, that Bitcoin's aim to be an "eletronic cash" hasn't panned out.

If you had one job to do and couldn't do it, would you consider yourself the best?


I tend to fall on the small block (at least for now) side of that argument, and believe bitcoin will find it's way in the end.  

Montero does an interesting job of pointing to a lot of possible solutions though...

Yup and I tend to agree with the 'if you wanna scale, you should go off chain' argument.  I think some Montereans would tend to agree too.

And generalizethis, Monero had its share of flaws too.

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
generalizethis
Legendary
*
Offline Offline

Activity: 1680
Merit: 1023


Facts are more efficient than fud


View Profile WWW
November 06, 2018, 11:49:14 AM
 #39786

^  Wtf.  Lol.

scale of testing != best implementation

The bug recently found underscores that even BTC, with its obvious limitations, isn't flawless or vetted enough. Also, there's the well-known fact, at least in this neck of the woods, that Bitcoin's aim to be an "eletronic cash" hasn't panned out.

If you had one job to do and couldn't do it, would you consider yourself the best?


I tend to fall on the small block (at least for now) side of that argument, and believe bitcoin will find it's way in the end.  

Montero does an interesting job of pointing to a lot of possible solutions though...

Yup and I tend to agree with the 'if you wanna scale, you should go off chain' argument.  I think some Montereans would tend to agree too.

And generalizethis, Monero had its share of flaws too.

But fungibility isn't one. I'm talking about the stated goal of being "electronic cash," which has been kick the can down the road problem for years with add on features that never address the issue head on. If anyone thinks that BTC will become cash in the next year, I'll take their bet.

cAPSLOCK
Legendary
*
Offline Offline

Activity: 2170
Merit: 1282


UNLEASH THE FURY!


View Profile
November 06, 2018, 03:33:05 PM
 #39787

^  Wtf.  Lol.

scale of testing != best implementation

The bug recently found underscores that even BTC, with its obvious limitations, isn't flawless or vetted enough. Also, there's the well-known fact, at least in this neck of the woods, that Bitcoin's aim to be an "eletronic cash" hasn't panned out.

If you had one job to do and couldn't do it, would you consider yourself the best?


I tend to fall on the small block (at least for now) side of that argument, and believe bitcoin will find it's way in the end.  

Montero does an interesting job of pointing to a lot of possible solutions though...

Yup and I tend to agree with the 'if you wanna scale, you should go off chain' argument.  I think some Montereans would tend to agree too.

And generalizethis, Monero had its share of flaws too.

But fungibility isn't one. I'm talking about the stated goal of being "electronic cash," which has been kick the can down the road problem for years with add on features that never address the issue head on. If anyone thinks that BTC will become cash in the next year, I'll take their bet.


This is an interesting discussion.  Have you considered that fungibility could be pretty strong on layer 2?  Granted this leaves us with a completely transparant base layer which presents it's own challenges.

This is actually at the crux why I believe Monero has a very unique value proposition.  It is fundamentally something bitcoin may never be able to fundamentally be.
Billy Bunter
Sr. Member
****
Offline Offline

Activity: 323
Merit: 252


View Profile
November 06, 2018, 04:52:11 PM
 #39788

^  Wtf.  Lol.

scale of testing != best implementation

The bug recently found underscores that even BTC, with its obvious limitations, isn't flawless or vetted enough. Also, there's the well-known fact, at least in this neck of the woods, that Bitcoin's aim to be an "eletronic cash" hasn't panned out.

If you had one job to do and couldn't do it, would you consider yourself the best?


I tend to fall on the small block (at least for now) side of that argument, and believe bitcoin will find it's way in the end.  

Montero does an interesting job of pointing to a lot of possible solutions though...

Yup and I tend to agree with the 'if you wanna scale, you should go off chain' argument.  I think some Montereans would tend to agree too.

And generalizethis, Monero had its share of flaws too.

But fungibility isn't one. I'm talking about the stated goal of being "electronic cash," which has been kick the can down the road problem for years with add on features that never address the issue head on. If anyone thinks that BTC will become cash in the next year, I'll take their bet.


I'm not sure that 'electronic cash' is a problem that BTC can't or won't address - at least, not yet. No doubt the ideas surrounding the purpose of BTC have changed over the years, but if BTC is to follow the narrative as illustrated by, among others, Vijay Boyapati (see https://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-part-3-of-4-2e2c002593f1) then BTC must first become an established and trusted SOV before it can ever become a MOE. That will be some years yet - definitely not in the next year.

Baguette Holder.
elrippos friend
Full Member
***
Offline Offline

Activity: 602
Merit: 134


only hodl what you understand and love!


View Profile
November 06, 2018, 06:53:45 PM
 #39789

Mid of November going to be interesting  Grin Cheesy Wink

tokeweed
Legendary
*
Offline Offline

Activity: 2114
Merit: 1044


Life, Love and Laughter...


View Profile
November 07, 2018, 02:05:18 PM
 #39790

^  Wtf.  Lol.

scale of testing != best implementation

The bug recently found underscores that even BTC, with its obvious limitations, isn't flawless or vetted enough. Also, there's the well-known fact, at least in this neck of the woods, that Bitcoin's aim to be an "eletronic cash" hasn't panned out.

If you had one job to do and couldn't do it, would you consider yourself the best?


I tend to fall on the small block (at least for now) side of that argument, and believe bitcoin will find it's way in the end.  

Montero does an interesting job of pointing to a lot of possible solutions though...

Yup and I tend to agree with the 'if you wanna scale, you should go off chain' argument.  I think some Montereans would tend to agree too.

And generalizethis, Monero had its share of flaws too.

But fungibility isn't one. I'm talking about the stated goal of being "electronic cash," which has been kick the can down the road problem for years with add on features that never address the issue head on. If anyone thinks that BTC will become cash in the next year, I'll take their bet.


This is an interesting discussion.  Have you considered that fungibility could be pretty strong on layer 2?  Granted this leaves us with a completely transparant base layer which presents it's own challenges.

This is actually at the crux why I believe Monero has a very unique value proposition.  It is fundamentally something bitcoin may never be able to fundamentally be.

It's actually something BTC must not be cos if it goes that route (if it can) then it's value proposition as a transparent and accountable blockchain would be lost.  I think there's value in everybody being able to audit and account everything with our own eyes than just trusting something to actually work (like Monero).  Not saying it's a bad thing...  As cAPSLOCK said, XMR has its own value proposition for a different class of people (good and bad). 

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
georgemamat
Member
**
Offline Offline

Activity: 448
Merit: 75

Files.fm - Store, Share and Sell Files


View Profile
November 07, 2018, 02:19:44 PM
 #39791

Monero seems to have a much greater power in the future. It is a really impressive project and it performs well. Monero is one of the most solid projects in this market.

johnfoss
Jr. Member
*
Offline Offline

Activity: 32
Merit: 39


View Profile
November 07, 2018, 02:28:20 PM
 #39792

The Monero Moon (Issue 9) is out now. Get your weekly Monero newsletter fix right here kids!
https://medium.com/@johnfoss/the-monero-moon-issue-9-f05526401aa3
Hueristic
Legendary
*
Offline Offline

Activity: 1974
Merit: 1167


Doomed to see the future and unable to prevent it


View Profile
November 07, 2018, 09:43:32 PM
 #39793

Shit forgot a few old sells I had from when the price was .0145 @ .0172 for spikes and they got filled.

Now I gotta buy back in the dip. Smiley

Hueristic
Legendary
*
Offline Offline

Activity: 1974
Merit: 1167


Doomed to see the future and unable to prevent it


View Profile
November 07, 2018, 11:31:59 PM
 #39794

Ha

https://blockmanity.com/news/bitcoin/early-bitcoin-adopter-gavin-newsom-gets-elected-governor-of-california/

Quote
There have been controversies this year over politicians accepting Cryptocurrency donations to their campaigns. Due to worries about foreign interference especially with the use of privacy coins like Monero,


phishead
Hero Member
*****
Offline Offline

Activity: 1226
Merit: 562


Keep what's important, and know who's your friend


View Profile WWW
November 08, 2018, 02:31:37 AM
 #39795

^  Wtf.  Lol.

scale of testing != best implementation

The bug recently found underscores that even BTC, with its obvious limitations, isn't flawless or vetted enough. Also, there's the well-known fact, at least in this neck of the woods, that Bitcoin's aim to be an "eletronic cash" hasn't panned out.

If you had one job to do and couldn't do it, would you consider yourself the best?


I tend to fall on the small block (at least for now) side of that argument, and believe bitcoin will find it's way in the end. 

Montero does an interesting job of pointing to a lot of possible solutions though...

Yup and I tend to agree with the 'if you wanna scale, you should go off chain' argument.  I think some Montereans would tend to agree too.

And generalizethis, Monero had its share of flaws too.

But fungibility isn't one. I'm talking about the stated goal of being "electronic cash," which has been kick the can down the road problem for years with add on features that never address the issue head on. If anyone thinks that BTC will become cash in the next year, I'll take their bet.


This is an interesting discussion.  Have you considered that fungibility could be pretty strong on layer 2?  Granted this leaves us with a completely transparant base layer which presents it's own challenges.

This is actually at the crux why I believe Monero has a very unique value proposition.  It is fundamentally something bitcoin may never be able to fundamentally be.

It's actually something BTC must not be cos if it goes that route (if it can) then it's value proposition as a transparent and accountable blockchain would be lost.  I think there's value in everybody being able to audit and account everything with our own eyes than just trusting something to actually work (like Monero).  Not saying it's a bad thing...  As cAPSLOCK said, XMR has its own value proposition for a different class of people (good and bad). 

Wait, regarding the bolded text, are you suggesting that Monero is not accountable? Because you can... Huh

And regarding "fungible layer 2" argument, I want to respond in the form of a question... Let's just say we are talking about Bitcoin.  What happens when the entire (>51%) Bitcoin economy goes off-chain?  Better yet, would you be ok accepting a payment for a good/service you were selling, only to have to go back on-chain in order to exchange for fiat, and then you find out that your Coinbase account gets frozen because your coins are tainted in some way not suitable for them?

Opt-in transparency is the only logical solution for fungibility


██████████
█████████████████
██████████████████████
█████████████████████████
████████████████████████████
████
████████████████████████
█████
███████████████████████████
█████
███████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
███████████████████████████
██████
██████████████████████████
█████
███████████████████████████
█████████████
██████████████
████████████████████████████
█████████████████████████
██████████████████████
█████████████████
██████████

Monero
"I just opened a 2004 barolo in your and all the devs honour"  eyejay:  Decemeber 22nd, 2016

"Don't buy Monero, join our new ICO: 'The Monero Enterprise Alliance"  fluffypony:  May 24th, 2017
Billy Bunter
Sr. Member
****
Offline Offline

Activity: 323
Merit: 252


View Profile
November 08, 2018, 12:48:47 PM
 #39796

Mid of November going to be interesting  Grin Cheesy Wink

Are you referring to Bakkt? I don't pretend to understand much about this market but it seems there are conflicting opinions as to the effect of Bakkt on the price of Bitcoin. There seems to be little price appreciation so far and we're less than five weeks away.

Baguette Holder.
Hueristic
Legendary
*
Offline Offline

Activity: 1974
Merit: 1167


Doomed to see the future and unable to prevent it


View Profile
November 08, 2018, 07:41:03 PM
 #39797

Yo dip into my buy dammit!

joroz
Newbie
*
Offline Offline

Activity: 35
Merit: 0


View Profile
November 09, 2018, 02:54:53 AM
 #39798


But fungibility isn't one. I'm talking about the stated goal of being "electronic cash," which has been kick the can down the road problem for years with add on features that never address the issue head on. If anyone thinks that BTC will become cash in the next year, I'll take their bet.


Here's a guy you may want to speak to if you want to make that bet:

https://twitter.com/austorms/status/1055635490030919680
pattyking18
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
November 09, 2018, 09:19:10 PM
 #39799

Ok, I have some thinkingtime now, as I actually filed IRS, CRA, NYS ahead of the deadline for once.  (My happiest tax payment ever thanks to forethought and a god-send of an accountant.) So now it is time to speculate.

Winter is ending.  Barring major persistent geopolitical shock, U.S. stocks should have a blow off top this Summer, but I don't expect BTC new highs, nor XMR, until fall.  My EOY central estimates are now SPX 2700±200 (after a 3000+ ATH), BTC 25000±5000 (no extrema), XMR 900±300 (no extrema) with UST to end closer to 2% than today, after a low near 3%. ± factors are roughly proportionate to estimated volatility, obvly.  In 2019 the crypto/equity ratio should, on balance, increase, out to 2024 before reversing the cycle trend. For Summer I like oil  and coal,  and for EOY I hate industrial metals.

I admit experiencing some schadenfreude when observing that XMR is at 40% of it's highs while ZEC (the nearest functional comparable) is at 30% of it's highs. (Is the market saying XMR is 33% better?) Time will out whether the levels or the volatilities hold the stronger trend, but I expect a middle course as they both recover, disregarding for the moment both fundamentals and catalysing events.



Time is running out and you're close to being dead wrong on BTC and XMR.
cAPSLOCK
Legendary
*
Offline Offline

Activity: 2170
Merit: 1282


UNLEASH THE FURY!


View Profile
November 11, 2018, 02:15:21 AM
 #39800

Amazingly, I think at least a little bit of Monero's slump today is due to what seems to be a bit of FUD executed by FAKESATOSHI.

https://twitter.com/ProfFaustus/status/1061229656081350656



He also took shots specifically at Monero in his recent interview with Tone Vays.  The interview is *somehwt* interesting as it discusses the upcoming BCHABC BCHSV fork which should be pretty interesting IMO..  

But here is the Monero/Privicy coin section.

https://youtu.be/ACEUOCoVvmw?t=3564
Pages: « 1 ... 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 [1990] 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!