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Author Topic: [XMR] Monero Speculation  (Read 3297890 times)
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December 20, 2018, 05:51:52 PM
 #40081

...But hey, it seemed sciency for reddit.

Lol, right!

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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December 20, 2018, 10:22:11 PM
 #40082


Thoughts?  

Over 13% against fiat today, and rising against BTC too.  So not really worried.  

Honeypony don't give a shit Wink

我想要火箭和火车
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December 20, 2018, 10:53:45 PM
 #40083


Thoughts? 

Over 13% against fiat today, and rising against BTC too.  So not really worried. 

Honeypony don't give a shit Wink

Yes, many still support fiat, so not much change with the emergence and development of such projects. Very many states will be able to ban a lot because it adversely affects the banking systems.

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December 20, 2018, 11:05:50 PM
Last edit: December 20, 2018, 11:16:24 PM by kurious
 #40084


Thoughts?  

Over 13% against fiat today, and rising against BTC too.  So not really worried.  

Honeypony don't give a shit Wink

Yes, many still support fiat, so not much change with the emergence and development of such projects. Very many states will be able to ban a lot because it adversely affects the banking systems.

The 'legacy' banking system, you mean.  And now XMR is up 17% in fiat terms in 24 hours.

So, frankly... You seem to be missing the point.  I mean; 'development' - where have you been..?

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December 21, 2018, 01:14:53 AM
 #40085

So we reached bottom earlier this week?   We cant say the time or price was not right. Both were similar compared to previous Bitcoin cycle. We are 12 months after the ATH and price of Bitcoin decreased for 84%. I know it will take half year or more to know for sure but still this could be it.

I know i mainly talk about Bitcoin, but that then means also we could not see Moreno under $40 again.
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December 21, 2018, 04:04:21 AM
 #40086

Who else thinks we are about to see a shit show on Wall St. tomorrow?  Global tensions continue to rise with the recent "retirement" of MAD DAWG Mattis, Fed raising interest rates, raised deficits, possible govt. shutdown, banks continuing (as usual) sketchy high risk loans, etc etc.

I have a feeling we are about to start see a real 2008-esque recession that will last a good while... If that is true, it will be interesting to see if crypto continues to crash along side with it or not.  


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"I just opened a 2004 barolo in your and all the devs honour"  eyejay:  Decemeber 22nd, 2016
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December 21, 2018, 06:12:33 AM
 #40087

Who else thinks we are about to see a shit show on Wall St. tomorrow?  Global tensions continue to rise with the recent "retirement" of MAD DAWG Mattis, Fed raising interest rates, raised deficits, possible govt. shutdown, banks continuing (as usual) sketchy high risk loans, etc etc.

I have a feeling we are about to start see a real 2008-esque recession that will last a good while... If that is true, it will be interesting to see if crypto continues to crash along side with it or not.  



Usually I can tell how the crypto market is doing by looking at wall street, or vice versa, but the last two days is ¯\_(ツ)_/¯

Cramer's telling people to buy gold, maybe they misheard him and think he said digital gold. Note: I think the concept of digital gold is inane and a proverbial moving of the goal post by maximalists who have thrown their hands in the air and stopped trying to be digital cash as was listed in the BTC whitepaper



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December 22, 2018, 11:14:17 AM
 #40088


Thoughts?  

Over 13% against fiat today, and rising against BTC too.  So not really worried.  

Honeypony don't give a shit Wink

Monero must have the higher price - this is my personal point of view. The altcoin is very safe, anonymous and pretty fast. It will be used for many years and it will survive even if the next bloodbath comes. In few years I think it can be in top-5!
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December 22, 2018, 01:12:46 PM
 #40089

Can the regs from this thread suggest which other alt besides XMR is (are) worth looking into?  And by that I mean a coin with good code/tech/devs that I can buy and forget in cold storage. 

Thanks.

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|
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December 22, 2018, 02:54:33 PM
 #40090

Can the regs from this thread suggest which other alt besides XMR is (are) worth looking into?  And by that I mean a coin with good code/tech/devs that I can buy and forget in cold storage. 

Thanks.

I mean what do you mean by "worth looking into" though?  Like obviously everyone is going to say this is the best privacy/fungibility/overall cryptocurrency project, but if you are looking at smart contract platforms, storage solutions, etc. I like to look at it in 3 ways:

1) Does it do something that previous coins simply aren't doing

2) Does it actually use the block chain to circumvent third parties/governement, or are just looking to use the blockchain for the sake of saying their project is "on the blockchain" to make it sound sexy.

3) Is the community actively engaged and actively developing

Example that I've seen recently where it seemed like a good idea to look into the project but I stepped back from it was looking into Cardano.  There are aparently a lot of really smart people working on it, and are some actual things they are doing that are a little differently than others, even though I didn't believe it would work, I was intrigued about this new PoS system called ouroboros but didn't get that far into looking into it....

Primarily because I had remember seeing 1) They treat Charles Hoskinson as this genius/visionary/CEO type guy where if he goes down in some way, then the whole project would probably fall apart, and 2) I remember reading something along the lines of Hoskinson saying that he would be wanting to work with governments to get Cardano "approved"... idk I honestly don't really remember, but it was something that didn't sound like Cardano was planning to being very decentralized... the primary thing a blockchain is supposed to do.

TL;DR DYOR


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XMR Open Alias: phishead@xmr.id
"I just opened a 2004 barolo in your and all the devs honour"  eyejay:  Decemeber 22nd, 2016
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December 22, 2018, 05:02:29 PM
 #40091

Can the regs from this thread suggest which other alt besides XMR is (are) worth looking into?  And by that I mean a coin with good code/tech/devs that I can buy and forget in cold storage.  

Thanks.
I like anonymous\fungible (call it how you like) coins. Ones that satisfy next conditions:
- no premine
- no shady history
- preferably launched before crazy ico era not for fast (if at all) profit
- not abandoned
- have devs that still active and update code
- overall just honest coins without whistles that's have one goal in mind - to be best electronic money

I started with Monero, than found out about Aeon and Karbo. And only other coin on my radar is Grin (not launched afaik).
If you know other fungible coins without premine e.t.c. please share.

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December 22, 2018, 05:14:59 PM
 #40092

Can the regs from this thread suggest which other alt besides XMR is (are) worth looking into?  And by that I mean a coin with good code/tech/devs that I can buy and forget in cold storage.  

Thanks.
And only other coin on my radar is Grin (not launched afaik).


Grin will have some hype and speculation around its launch, but it's dead on arrival. Their protocol name isn't the only thing derived from Harry Potter: their understanding of economics is also completely fictional.

Quote
We may not know ahead of time if action is foolish, but reality knows - Nassim Nicholas Taleb

They are virtue signalling with their emission schedule. Freicoin already tried this virtue signalling fictional economics nonsense. Grin is foolish, but their developers don't realize this. Reality knows and is about to show them.
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December 23, 2018, 07:29:36 PM
 #40093

Just downloaded Grin's white paper.  I can't believe I'm back to doing this...  Reading a white paper which I don't even get half of.  Lololol.  'Welcome back to 2013' I guess.

Anyway, back to XMR.

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|ROLLBIT
NFT

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.
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ROLLBOXES
MARKETPLACE
|
   BONUS BATTLES   
.....WINNER TAKES ALL.....
TWITTER     |     DISCORD
|
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December 23, 2018, 07:53:26 PM
 #40094

Just downloaded Grin's white paper.  I can't believe I'm back to doing this...  Reading a white paper which I don't even get half of.  Lololol.  'Welcome back to 2013' I guess.

Anyway, back to XMR.

GRIN is no good? I’m also interested in this project, but don’t really know what to think of. Is it a competitor for Monero?
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December 23, 2018, 10:03:48 PM
 #40095

I think XMR will go to better prices in the new year. Now we have to pay attention now that the ascent has begun. We waited patiently for a long time. XMR is a very useful project. I think the secret is very important in this market.

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December 24, 2018, 07:09:18 AM
 #40096


Can the regs from this thread suggest which other alt besides XMR is (are) worth looking into?  And by that I mean a coin with good code/tech/devs that I can buy and forget in cold storage. 

Thanks.

Y'know LOL I don't really know WHY but I srsly like DigiByte...

There's kinda too much of it, i.e. 10X supply vs BTC/BCH I guess but it's freakin' FAST and this idea of 5 different algos seems cool.

Just it's really underpriced by "gut feel" I suppose.  I dunno.  It's in my top 3 or top 5, I suppose.

The other 4 of top 5 are XMR / BCH / BTC / and... ummm... shit... I dunno... I forget... Doge maybe?  LOL

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December 24, 2018, 10:11:57 AM
 #40097


Can the regs from this thread suggest which other alt besides XMR is (are) worth looking into?  And by that I mean a coin with good code/tech/devs that I can buy and forget in cold storage.  

Thanks.

Y'know LOL I don't really know WHY but I srsly like DigiByte...

There's kinda too much of it, i.e. 10X supply vs BTC/BCH I guess but it's freakin' FAST and this idea of 5 different algos seems cool.

Just it's really underpriced by "gut feel" I suppose.  I dunno.  It's in my top 3 or top 5, I suppose.

The other 4 of top 5 are XMR / BCH / BTC / and... ummm... shit... I dunno... I forget... Doge maybe?  LOL

DGB stole the five algo thing from myriadcoin and added a premine . It's not a workable scheme in the long run imo. Yes, it's better to have five algos that your not the king of than one, but it's still probably less good than simply being king of one algo. Myriad is probably more secure than DGB at this point since they've added auxpow to Sha and scrypt, but still less secure than bitcoin or litecoin.
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December 24, 2018, 11:10:21 AM
 #40098

Been a really long time follower of Monero, was my first and still only privacy coin I still add to when I can. Yes, I've bought others, including even Digibyte now being discussed but all of them purely for speculation simply because I don't hold coins I can't use (yeah I know, it's maybe a dumb thing but if I don't have people I can buy things for with my coin, I don't see the point).

All the recent forks have somewhat shaken some of my confidence, but I take some heart that the old merchant network is still there, and XMR hasn't "died" yet in terms of price and is following the recovery trend like all others.

Are we now all back to reading strange whitepapers of new things we don't understand? Wink

.
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December 24, 2018, 02:15:45 PM
 #40099

DigiByte premine? First I’ve ever heard of that. Proof?

I also like it just ‘cuz it’s so OLD... its blockchain genesis ‘way back early before all the shit got crazy with ICOs and etc - so many nonsense garbage projects in this whole crypto space.

Their iOS wallet on iPhone is pretty slick too, just basic function as it’s intended to just be a currency. Just money. Simple. But the wallet design is very clean and has always worked great.

Now if only people could actually, y’know, SPEND their DGB in more places then maybe it’d get up off the floor around a penny or less and actually trade in “dollars” like so many other much WORSE projects have easily already achieved...?

That’s why I like it probably really. Feels like maybe the last chance to get a real “currency” coin with potential to recreate bitcoins earliest days... “Roger Ver type” lottery win, where you can get many thousands of coins for very little and wake up one day a few years later sitting on a mountain of buying power.

And if/when that happens the bulk of it will have to be flipped into Monero to protect it (from all manner of thieves, tax men, scams and cons etc etc)  Grin

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December 24, 2018, 04:12:27 PM
Last edit: December 24, 2018, 04:23:33 PM by Hueristic
 #40100

DigiByte premine? First I’ve ever heard of that. Proof?

I also like it just ‘cuz it’s so OLD... its blockchain genesis ‘way back early before all the shit got crazy with ICOs and etc - so many nonsense garbage projects in this whole crypto space.

Their iOS wallet on iPhone is pretty slick too, just basic function as it’s intended to just be a currency. Just money. Simple. But the wallet design is very clean and has always worked great.

Now if only people could actually, y’know, SPEND their DGB in more places then maybe it’d get up off the floor around a penny or less and actually trade in “dollars” like so many other much WORSE projects have easily already achieved...?

That’s why I like it probably really. Feels like maybe the last chance to get a real “currency” coin with potential to recreate bitcoins earliest days... “Roger Ver type” lottery win, where you can get many thousands of coins for very little and wake up one day a few years later sitting on a mountain of buying power.

And if/when that happens the bulk of it will have to be flipped into Monero to protect it (from all manner of thieves, tax men, scams and cons etc etc)  Grin

I remember DGB launch, it was nothing special, just another clone. I give them credit for sticking with it and adding improvements but where did it become an opaque chain?

And when did it's supply go from 21 Million to 21 BILLION! Which makes the premine 10,500,000 which at .016 is equal to 168,000 BTC which is worth $831,600,000 on a coin with a market cap of  138,985,730 USD.

Do you see where this may be a problem?
https://coinmarketcap.com/currencies/digibyte/historical-data/
Code:
Market Cap
138,985,730 USD
32,830 BTC
Volume (24h)
1,248,977 USD
295.02 BTC
Circulating Supply
11,220,468,953 DGB
Max Supply
21,000,000,000 DGB

I can't see in any way shape or form this coin is
Quote
Just it's really underpriced by "gut feel" I suppose.  I dunno.  It's in my top 3 or top 5, I suppose.
.

It actually looks like its soo overpriced as soon as people do the math I just pointed out it should either tank or its all held tight by bag holders and has no distribution and they are just looking to dump on n00bs.





Can the regs from this thread suggest which other alt besides XMR is (are) worth looking into?  And by that I mean a coin with good code/tech/devs that I can buy and forget in cold storage.  

Thanks.

Y'know LOL I don't really know WHY but I srsly like DigiByte...

There's kinda too much of it, i.e. 10X supply vs BTC/BCH I guess but it's freakin' FAST and this idea of 5 different algos seems cool.

Just it's really underpriced by "gut feel" I suppose.  I dunno.  It's in my top 3 or top 5, I suppose.

The other 4 of top 5 are XMR / BCH / BTC / and... ummm... shit... I dunno... I forget... Doge maybe?  LOL

DGB stole the five algo thing from myriadcoin and added a premine . It's not a workable scheme in the long run imo. Yes, it's better to have five algos that your not the king of than one, but it's still probably less good than simply being king of one algo. Myriad is probably more secure than DGB at this point since they've added auxpow to Sha and scrypt, but still less secure than bitcoin or litecoin.

To be fair they didn't steal anything and actually have added digisheild which IIRC is a good piece of code for quick diff adjustments or some such thing and they forked the myriad coin algo in to get away from script IIRC when asics hit??? Not sure never followed it just have known about it since it started and never saw a need.

BTW congrats. Smiley

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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