[XMR] Monero Speculation

[Hueristic]

All quiet on the speculation front, chaps?

Things not too shabby right now, Monero is looking healthy...  up around 20% in a week?

Its about time this trend reversed, i'm glad I grabbed some more at the bottom.

Some day I'll figure out my cost average but i am not looking forward to that.

Just hope its all up from here.

Lol yeah right!

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[7jaka7]

All quiet on the speculation front, chaps?

Yep. Price is moving sideways so this has some consequences:
- not a lot of general interest for crypto (fewer people on the forum)
- fewer signature campaigns (so no "shitposting")
- those who still follow forum don't know what to talk about, they just keep buying

[Febo]

What is happening now is slow and consistent. Fast is to make a x3 in 2 days. That is still ahead of us. I doubt we will have to wait to 2021 for that.

To look closely. In 4 days Monero gained 10k satoshi against Bitcoin. 20 days ago in a week lost 10k satoshi. This what is happening right now is just a regular day in the office for Monero. Really nothing unusual.

[phishead]

What is happening now is slow and consistent. Fast is to make a x3 in 2 days. That is still ahead of us. I doubt we will have to wait to 2021 for that.

To look closely. In 4 days Monero gained 10k satoshi against Bitcoin. 20 days ago in a week lost 10k satoshi. This what is happening right now is just a regular day in an office for Monero. Really nothing unusual.

Sorry what I meant to say was that "up trends"/bull markets don't do slow and consistent...

Personally I think people are finally starting to realize that the ground has been reached already in btc/xmr price, as well as the crypto-market in general.  This is a very similar feeling of 2015 when things were pessimistic in the crypto-space after the last high of ~$1k BTC; XMR was still going up and down around .001 - .0015, lots of actual scrutiny going on with sketchy project rather than dumb hype (multi-million dollar ICO projects in a night sorta dumb, you know...); etc.

But whenever bull markets come about it's usually all FOMO so therefore, not consistent and quick

[Febo]

Yes. In last week or months I mainly had felling people wait for end of winter for market to turn, but I guess they could be wrong. Apparently if we stay over 0.0075 btc that will be extremely positive.

[BldSwtTrs]

Interesting article from Brian Armstrong. Definitely well worth reading if you enjoy thinking long term:
https://nakamoto.com/crypto-in-the-2020s/

Among his predictions:
Privacy. In addition to scalability, I think we’ll also see privacy integrated into one of the dominant chains in the 2020s. Just like how the internet launched with HTTP, and only later introduced HTTPS as a default on many websites, I believe we’ll eventually see a “privacy coin” or blockchain with built in privacy features get mainstream adoption in the 2020s. It doesn’t make sense in most cases to broadcast every payment you make on a transparent ledger.

[Febo]

Interesting article from Brian Armstrong. Definitely well worth reading if you enjoy thinking long term:
https://nakamoto.com/crypto-in-the-2020s/

Among his predictions:
Privacy. In addition to scalability, I think we’ll also see privacy integrated into one of the dominant chains in the 2020s. Just like how the internet launched with HTTP, and only later introduced HTTPS as a default on many websites, I believe we’ll eventually see a “privacy coin” or blockchain with built in privacy features get mainstream adoption in the 2020s. It doesn’t make sense in most cases to broadcast every payment you make on a transparent ledger.

Yes he is just another guy in the line of guys talking about Monero but not mention Monero. You can hear this from Andreas Antonopoulos in every second talk. You can see this by all those that builds Bitcoin infrastructure and get feedback from the users.  You dont need opaque ledger if you dont use crypto currency. It is really simple and most people dont use it. So they dont see the need for it.

I saw this article today from world economic forum https://www.weforum.org/agenda/2019/01/these-3-technologies-will-permanently-change-the-banking-sector
They clearly state that for users beside security privacy is most important thing, but latter on at what blockchain brings us praise its transparency.  People dont want that!

[phishead]

I really don't want to seem too spammy mentioning my little side project I got going on... but if there are people on here who don't have twitter and wanted to join the Carbon Chamaeleon logo design contest for a chance to win free 0.2 & 0.1 xmr on fancy looking paper wallets, I just started a thread here: https://bitcointalk.org/index.php?topic=5215809.msg53550941#msg53550941

Hope to see some of you guys here on this side of the forum there

[kurious]

Europol endorse Monero...


https://twitter.com/fireice_uk/status/1214277696542433281

Aminorex' twitter feed too me to this.  He is still out there... ;-)

[Hueristic]

Europol endorse Monero...


https://twitter.com/fireice_uk/status/1214277696542433281

Aminorex' twitter feed too me to this.  He is still out there... ;-)

Personally I don't like seeing this used as a selling point.

I'd much rather hear of oppressed individuals able to move about freely because of the innate privacy features rather than possible criminals hiding behind Moneros properties.

[Globb0]

Yeah but, trail stops at Monero repeatedly, makes the point about which is secret,

[Hueristic]

Yeah but, trail stops at Monero repeatedly, makes the point about which is secret,

it certainly does provide "Proof of concept", I'm just not wanting to see monero typecasted.

Once thats allowed its easier to attack, so we shouldn't be touting this aspect IMO.

https://abcnews.go.com/International/story?id=79071

https://en.wikipedia.org/wiki/Psychological_warfare

[kurious]

Yeah but, trail stops at Monero repeatedly, makes the point about which is secret,

it certainly does provide "Proof of concept", I'm just not wanting to see monero typecasted.

Once thats allowed its easier to attack, so we shouldn't be touting this aspect IMO.

https://abcnews.go.com/International/story?id=79071

https://en.wikipedia.org/wiki/Psychological_warfare

OK fair point, but I do not mean to endorse criminality.

However, I do think privacy robust enough to prevent even the state from following your financial transactions is important and should be available to everyone.

In that respect I was pointing out that only Monero boasts true, tested 'agency-proof' privacy. 

In some places in this world that could be a life-saver for someone who has committed no crime.

[Hueristic]

...
In that respect I was pointing out that only Monero boasts true, tested 'agency-proof' privacy. 

In some places in this world that could be a life-saver for someone who has committed no crime.

This is absolutely true and a undeniable fact that is worth its weight in gold bitcoin.

[Globb0]

Big volume this past hour, who knows what? I wonder

[Febo]

Whatever fierce-uk writes is always and attack on Monero. It is a way to put attention on his copy of Monero.  Yes he makes his attacks wisely. It took two years that he was baned from Monero subreddit after he was caught paying people to spam Monero subreddit. And he was doing it for at least a year. Simply abusing Monero subreddit liberal moderation. 


Price going over 0.0075. Maybe time to never look back again.

[kurious]

Powering up towards .008 is decent performance when Bitcoin is looking positive, too.

In dollar terms, with a figure comfortably over $60 (over $63 as I write) means that if I hadn't had that unfortunate boating accident I would be punching the air at the increas in my wealth in filthy fiat terms.   CoinGecko places Monero at no.11 right now, too.

Not a bad performance all round.  It bodes well for the next real run up, looks like Monero has it's eye on a front row seat in the moonship.

[Hueristic]

Who's the dumb ass that dumped?

looks like price suppression tactic to me.

Gonna backfire though.

[Bitcoinaire]

[kurious]

Who's the dumb ass that dumped?

looks like price suppression tactic to me.

Gonna backfire though.

My post seemed er... perfectly timed in retrospect!  Apologies to the team if I jinxed it

But XMR is still holding up well in choppy seas.  It is impossible to know if Monero will keep rising in a real BTC bull market until after Bitoin convincingly pulls out of the bearish channel it's been in since July, but the signs look pretty good.