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Author Topic: [XMR] Monero Speculation  (Read 3282868 times)
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Globb0
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October 16, 2020, 12:27:56 PM
 #42341

Bit of healthy profit taking here.

Stil noticing the long tails on the candles.

I think it shows a lot people changing their positions around, opening and closing longs and shorts.

Still feeling good here.


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October 16, 2020, 03:24:13 PM
 #42342

Plenty of room for this healthy pullback.  In the long run it is good NOT to go overly parabolic since that is what happens at the TOP. Smiley  I miss 11 though.

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October 16, 2020, 05:36:46 PM
Merited by cAPSLOCK (2)
 #42343

People don't really know the value of monero. In my opinion, it should be the most valuable altcoin after ethereum, because it is a true anonymous coin. The value of such a coin should not be that small.

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October 16, 2020, 06:22:51 PM
 #42344

People don't really know the value of monero. In my opinion, it should be the most valuable altcoin after ethereum, because it is a true anonymous coin. The value of such a coin should not be that small.

You're preaching to the choir n here... but you are dead right.  I think it's utility is higher than Ethereums in reality aside from the fact you can't create a fountain of endless scams with it.

I think the only way this discrepancy is righted is we continue to see the usage go firmly up.  Eventually the value has to catch up.
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October 16, 2020, 06:47:30 PM
 #42345

Etherium is a thing that continues to have more and more glue poured on top of it.

I wouldn't touch it. But so many crappy projects continue to survive on past their smelly date.

Perhaps we are finally seeing the transcendence of Monero.

Pissed off that BTC people persuaded me I needed to be holding a BTC at 068    *shake fist*



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cAPSLOCK
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October 16, 2020, 07:17:13 PM
 #42346

Etherium is a thing that continues to have more and more glue poured on top of it.

I wouldn't touch it. But so many crappy projects continue to survive on past their smelly date.

Perhaps we are finally seeing the transcendence of Monero.

Pissed off that BTC people persuaded me I needed to be holding a BTC at 068    *shake fist*




I duuno.  As to things to hold other than Monero, BTC is pretty high on my list. Wink Wink Wink
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October 16, 2020, 07:24:08 PM
 #42347

Hodl both. Problem solved.

- You can figure out what will happen, not when /Warren Buffett
- Pay any Bitcoin address privately with a little help of Monero:
 on.your.mark, get set, go!
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October 16, 2020, 11:13:31 PM
Merited by bitebits (1)
 #42348

I hold both but don't mind gambling so am more weighted to Monero and thats because

I believe in our right to privacy
I believe in our codebase
I believe in our developers
and
I believe in our community

What I don't believe in is the average Joe on this planet, I'm not sure the sheep will ever wake up in my lifetime, but I will remain diligent.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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October 16, 2020, 11:51:42 PM
Last edit: October 17, 2020, 12:06:49 AM by 12 play
 #42349

Monero and Ethereum are the two best investments for this next bull run. They will both heavily outperform bitcoin.


Monero is what people used to think bitcoin was, a private currency with cheap fees.

Bitcoin has become quite hilarious, lightning is so shit and look at how much more btc is on the ethereum network. Bitcoiners still think high fees are a good thing? ???Idiots like Luke Jr saying blocksize should be smaller. At least ethereum is working on solutions to scaling and lowering fees.
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October 17, 2020, 03:14:03 PM
Merited by bitebits (1), Last of the V8s (1)
 #42350

Monero and Ethereum are the two best investments for this next bull run. They will both heavily outperform bitcoin.


Monero is what people used to think bitcoin was, a private currency with cheap fees.

Bitcoin has become quite hilarious, lightning is so shit and look at how much more btc is on the ethereum network. Bitcoiners still think high fees are a good thing? ???Idiots like Luke Jr saying blocksize should be smaller. At least ethereum is working on solutions to scaling and lowering fees.

You are only seeing the Bitcoin network as a payments network.  I am of the mind we already have a ton of good payments networks.  Bitcoin is a brand new monetary system, and it is programmable.  If the lightning network does not improve (and i think it is likely to by quite a bit) then something else trust minimized will take it's place.  And all the trust based models (Credit Cards, Cash App, etc) will flourish as they begin to use the bitcoin network at their base.  And they can continue to offer their advantages.  For example reversible payments.  Bitcoin will never do this.  And that is a feature, not a bug. But do we really want a world in which we have no option to pay a little to a trusted third party to be able to protect us from fraud?

People tend to look at Bitcoin in a one or two dimensional light, and proclaim that it is here to save us from all these things we don't really need to be saved from, and they miss so much.

What Bitcoin saves us from is potentially the greatest evil the world has ever seen... and it's not Visa.
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October 17, 2020, 08:40:23 PM
 #42351

Hash rate has returned to earth, looks like it started dropping for the weekend.  Interesting to see if it is restored Monday morning.
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October 17, 2020, 09:33:33 PM
 #42352

Hash rate has returned to earth, looks like it started dropping for the weekend.  Interesting to see if it is restored Monday morning.

Don't think so, price is falling = interest is falling  Wink

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October 17, 2020, 09:37:57 PM
 #42353

Hash rate has returned to earth, looks like it started dropping for the weekend.  Interesting to see if it is restored Monday morning.

Don't think so, price is falling = interest is falling  Wink

Is Montango dead now?
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October 17, 2020, 11:54:21 PM
 #42354

Hash rate has returned to earth, looks like it started dropping for the weekend.  Interesting to see if it is restored Monday morning.

Don't think so, price is falling = interest is falling  Wink

Is Montango dead now?

Is It True?
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October 18, 2020, 05:31:02 AM
Merited by explorer (1)
 #42355

Speculating, but the hashrate dropped from 1.924 to 1.502 GH/s after yesterday’s fork. Which is about a 22% decline. Might be that a botnet was not able to update their ‘remote miners’. Can we somewhere see the hashrate on the minority chain, it might be that it is still going at about a quarter of the hashrate.

- You can figure out what will happen, not when /Warren Buffett
- Pay any Bitcoin address privately with a little help of Monero:
 on.your.mark, get set, go!
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October 18, 2020, 08:23:46 AM
 #42356

I struggle myself to understand what Atomic Swaps effect will have in short/mid term. I guess it will give more utility to Monero so it will reflect positively.
But what about adoption? Who wants to receive BTC in a totally KYC/AML free DEX, possibly tainted, without a big discount in price?

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October 18, 2020, 08:26:53 AM
 #42357

Speculating, but the hashrate dropped from 1.924 to 1.502 GH/s after yesterday’s fork. Which is about a 22% decline. Might be that a botnet was not able to update their ‘remote miners’. Can we somewhere see the hashrate on the minority chain, it might be that it is still going at about a quarter of the hashrate.

Yeah, that will probably bee the main reason, so another security feature from Monero  Grin Grin Grin

Wikipedia is not a reliable source of information concerning crypto or other relevant topics which are not meeting mainstream conformity  Wink

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October 18, 2020, 07:48:44 PM
 #42358

I struggle myself to understand what Atomic Swaps effect will have in short/mid term. I guess it will give more utility to Monero so it will reflect positively.
But what about adoption? Who wants to receive BTC in a totally KYC/AML free DEX, possibly tainted, without a big discount in price?

No one says there will not be a discount in price.

Yes many dont see much profit for Monero. Specially long term.  But any new possibility should be a profit. Better to have it even if no one uses it than not to have it and maybe people badly need to use it. 

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October 18, 2020, 10:10:46 PM
 #42359

CLI v0.17.1.1 'Oxygen Orion' released (fixes block 2210720 sync bug)!

https://www.getmonero.org/2020/10/18/monero-0.17.1.1-released.html

GUI v0.17.1.1 will follow shortly.

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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October 18, 2020, 10:27:33 PM
 #42360


https://twitter.com/verretor/status/1317428180748304390



It's almost 2021.  How the hell does Bill Drug Lord Gates still think BTC is anonymous?

Meanwhile,  XMR hash rate is creeping back up.  Now above the point where it accelerated before the upgrade.  Some folks starting their Monday, How high before I get there?
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