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Author Topic: [XMR] Monero Speculation  (Read 3247068 times)
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April 14, 2019, 01:22:30 AM
 #40601

As it is speculation thread - what do you think will happen to Monero XMR and its price when Monero as anonymous cryptocurrency will be banned by government (which is quite possible at least in European Union - in the light of the new  European Commission  AML directive..)


I dont believe European commission will ever give such directive to its members.  In more autocratic countries where that will happen I agree with bitebits. Price will increase there since it will be harder to get.

https://www.youtube.com/watch?v=NyZGkNPCkZk

Watch here at 40:00. It is USA not EU, but you can see they are questioning how useful it is Bitcoin with transparent ledger. And its transparency call a design flaw.


Do you really believe that Apple wants for Huawei to know how much they pay their suppliers and how much they pay their researchers and engineers.  Do you really believe that governments wants to reveal their spies they have in other countries and in companies by using transparent ledger cryptocurrencies.   Do you really believe any police or court system will support that wealth of people is known just to anyone. Should that not put those people way more in danger and risk of being robbed?


This "opaque ledger crypto currencies will be baned" has to stop. Because it will not happen.  I mean it can happen at some part of worlds. Also there will be some part of communities that will want that to happen. But on wide scale this will not happen because world, society and economy need opaque ledger crypto currencies!

That is a great link, thanks for posting it!

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April 14, 2019, 03:11:33 AM
 #40602

Monero represents for me a lot of stability in terms of cryptocurrency, because I see it very safe and it is one of the altcoins that hardly dies the way others can do it, Monero's project is very strong, it also has an immensely large community and marketing of Monero is impressive, all cryptocurrency enthusiasts want to have Monero in their portfolios, due to their incredible anonymity characteristics and being impossible to trace, this is a characteristic that distinguishes between the others, marking a notable difference.

It is important to clarify that many users of DeepWeb trust this currency fully, and in a market as big as in DeepWeb and that Monero is one of the main currencies like Bitcoin is remarkable everything that the future of this currency can bring.

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April 15, 2019, 03:36:31 PM
 #40603

It's getting quiet here! Everyone moved to Reddit, IRC and Telegram?
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April 15, 2019, 04:17:03 PM
 #40604

It's getting quiet here! Everyone moved to Reddit, IRC and Telegram?

Ironic how they are all censorable isn't it, echo chambers are shit.

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April 15, 2019, 04:18:10 PM
 #40605

Dbl

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April 15, 2019, 07:42:56 PM
 #40606

Dbl
Wut?
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April 15, 2019, 08:25:52 PM
 #40607


double post.

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April 15, 2019, 08:27:56 PM
 #40608

Guys, can anyone suggest me an easy way to download the light version of XMR wallet? After downloading the official wallet from mymonero it requires to download a ton of data which will take hours. Any suggestions are welcome.

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April 15, 2019, 08:33:05 PM
 #40609

Guys, can anyone suggest me an easy way to download the light version of XMR wallet? After downloading the official wallet from mymonero it requires to download a ton of data which will take hours. Any suggestions are welcome.

You can connect to a remote node with the official gui instead of downloading the entire chain.

https://www.getmonero.org/resources/user-guides/remote_node_gui.html

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April 16, 2019, 12:14:35 AM
 #40610

I used to be optimistic about this coin but he does nothing but fall.  The monero days were good but they are long gone at this point. thx for the pump and dump.
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April 16, 2019, 12:15:21 PM
 #40611

Guys, can anyone suggest me an easy way to download the light version of XMR wallet? After downloading the official wallet from mymonero it requires to download a ton of data which will take hours. Any suggestions are welcome.

You can connect to a remote node with the official gui instead of downloading the entire chain.

https://www.getmonero.org/resources/user-guides/remote_node_gui.html


Or even simpler is to use MyMonero. But using GUI with remote node is of course better.

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April 16, 2019, 12:49:12 PM
 #40612

With the market being volatile, predicting the cryptocurrency price is really one of the most difficult tasks.

Let’s consider the Monero (XMR) price prediction from major distinct sources, which will give us a fairer idea:

1 LongForecast
It is a forecasting agency which is specialized to predict the financial market, which has even predicted more than 100 cryptocurrencies. LongForecast predicts that Monero might be in the range of $554-$638 in April 2020 and go up to $810- $945 by December 2020.

2 Trading Beasts
Trading beasts display that Monero can reach around $150 within a year which means it can roughly reach about $200 by 2020.

3 Crypto Ground
Crypto ground is a cryptocurrency prediction website which states that Monero might reach $118.02 by the end of 2019. In 5 years, XMR has a good possibility that it might reach $496.82, might even reach the $500 mark if the market is calm enough.

4 Profit Confidential
Profit Confidential shares the prediction data based on factors like the current market trends, the technology, and the team. They predicted that Monero might soar up to $350 by the end of 2019.

Read more: https://coinswitch.co/news/monero-price-prediction-2019-xmr-price-may-touch-500-usd-in-2019

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April 16, 2019, 01:29:09 PM
Last edit: April 16, 2019, 02:16:40 PM by Millionero
 #40613

Guys, can anyone suggest me an easy way to download the light version of XMR wallet? After downloading the official wallet from mymonero it requires to download a ton of data which will take hours. Any suggestions are welcome.
I use monerujo (android) on my phone and the cli (linux command line) on my 'puter.  I may do things a little differently than most people.  To create a new wallet, I first use a separate utility to generate a seed from custom entropy, and then I create the wallet using that seed.  Which means that I have to use the restore from seed function.  In the linux cli, the command is ./monero-wallet-cli --restore-deterministic-wallet
If I don't specify a restore height, the client will scan the entire blockchain, which is about 73 GB.
A wallet only needs to by restored from the block where it first received funds.  Scanning the whole blockchain is a waste of time.
I can restore a brand new wallet at the current block.  To restore a used wallet, one has to know or at least be able to estimate the block height of its earliest transaction, or else scan the entire blockchain.

As for the "daemon" (the blockchain), just use a remote node.
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April 16, 2019, 02:25:25 PM
 #40614

I used to be optimistic about this coin but he does nothing but fall.  The monero days were good but they are long gone at this point. thx for the pump and dump.

I used to be pessimistic about this coin but he does nothing but grows.  The monero days were bad but they are long gone at this point. thx for pump and dump

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April 16, 2019, 08:22:04 PM
Last edit: April 17, 2019, 02:04:23 PM by Febo
 #40615

..., the client will scan the entire blockchain, which is about 73 GB.

In about a month, this 70GB will reduce into 25GB.

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April 17, 2019, 10:18:37 PM
 #40616

..., the client will scan the entire blockchain, which is about 73 GB.

In about a month, this 70GB will reduce into 25GB.
What's the command to prune the blockchain?
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April 17, 2019, 10:28:33 PM
 #40617

..., the client will scan the entire blockchain, which is about 73 GB.

In about a month, this 70GB will reduce into 25GB.
What's the command to prune the blockchain?

Add --prune-blockchain to the daemon command line
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April 18, 2019, 06:22:32 AM
 #40618

..., the client will scan the entire blockchain, which is about 73 GB.

In about a month, this 70GB will reduce into 25GB.
What's the command to prune the blockchain?

Add --prune-blockchain to the daemon command line

You can also use the prune_blockchain tool that will be included. Note that pruning will be included in the upcoming 0.14.1.0 release.

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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April 18, 2019, 07:16:50 AM
 #40619

..., the client will scan the entire blockchain, which is about 73 GB.

In about a month, this 70GB will reduce into 25GB.
What's the command to prune the blockchain?

Add --prune-blockchain to the daemon command line

You can also use the prune_blockchain tool that will be included. Note that pruning will be included in the upcoming 0.14.1.0 release.
For people who start fresh on 14.1.0 and sync from scratch, will the blockchain be pruned by default, or is it going to be necessary to use the prune-blockchain option when starting the daemon for the first time?
Globb0
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April 18, 2019, 07:30:11 AM
 #40620

Come on Monero, all the other shit is surging.


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