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Author Topic: [XMR] Monero Speculation  (Read 3287437 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. (2 posts by 0 user deleted.)
cAPSLOCK
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November 05, 2020, 02:33:21 PM
 #42481

I feel like anything below .01 you’re getting free Monero at that point. Chart guys... where are my chart guys?? Huh Wink

Well I have been following XMR in USD recently.  And it massively overshot the area where I thought it would trade which is north of $115.  Now it has deflated back down to the bottom of that range (and admittedly breached it somewhat).  But I expect it to at least hold here in this 1-teens range for a while.



This is not meant as a predictive chart, that line is really there to show how much we went parabolic there for a while. 

Still, I am not sure what drives Monero...  big players "washing" their BTC?  Dark Markets?  Quiet whales hedging a little?  Inflation bugs?
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November 05, 2020, 06:05:25 PM
 #42482

big players "washing" their BTC? 

That's what I thought few hours ago at the drop. It could well be that some of this unexpected swings up and down are the slow entries and exits of washed BTC and we will have to be used to them for a long time.
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November 05, 2020, 06:55:09 PM
 #42483

It seems Tuman will not be in the congress after all. But 134k votes in a bad district for Republicans is still very good. If you dont know who Tuman is he is the Monero talk guy https://www.youtube.com/c/MoneroTalk/videos
I guess we can wait 4 more years.


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.PLAY NOW.
bitebits
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November 06, 2020, 06:56:54 AM
 #42484

https://xmr.wine/

- You can figure out what will happen, not when /Warren Buffett
- Pay any Bitcoin address privately with a little help of Monero.
explorer
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November 06, 2020, 07:02:55 AM
 #42485


That is fantastic!  how long has that been up?
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November 06, 2020, 10:38:53 AM
 #42486

A breath of life came into the alts today.

They all have a green candle so far for today.

BTC over 15k things are kind of rosey.



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.PLAY NOW.
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November 06, 2020, 11:44:48 AM
Merited by tokeweed (3), Globb0 (2), phishead (2), Hueristic (1)
 #42487


Haha thanks bitebits and explorer! I'm the guy behind this (infinitejest/eyejay on IRC and reddit).

Here's the link to the Reddit post:

https://www.reddit.com/r/Monero/comments/jor8pg/in_your_and_all_the_devs_honor/

Let me know if there are any questions!

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November 06, 2020, 01:21:19 PM
Merited by Hueristic (1)
 #42488

Andreas Antonopoulos talks about Monero and its strong privacy compared to Bitcoin. First time getting an endorsement from Andreas?

https://twitter.com/monero_tv/status/1324615860439281665

- You can figure out what will happen, not when /Warren Buffett
- Pay any Bitcoin address privately with a little help of Monero.
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November 06, 2020, 04:20:11 PM
 #42489

We are nearly low enough to pick up my rogue bitcoin.
Up or down from here?

Lately it was. Bitcoin up Monero down( in BTC). Bitcoin down, Monero stable. Bitcoin stable, Monero up.

Long term Bitcoin going up makes more space for Monero to grow in the future.

Oh also for the first time in history Monero had 3 days in a row more transactions then BHC. And at some point in last 24h Monero had 3114 transactions an hour. That is for sure absolute record.  Few days ago I said we might not see days with less then 20k transactions a day next year. Maybe that will happen already in December.

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.PLAY NOW.
cAPSLOCK
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November 06, 2020, 06:45:29 PM
 #42490

How many times have we seen Monero sort of decoupled from the alts?  It ran up on it's own a couple weeks back, and now is not joining in on the alt rebound.

Seems like this happens more often to Monero than others... then again it's a non-scientific subjective observation.

I am assuming there is a lot of sell pressure into which the alt rally is pushing?
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November 06, 2020, 07:33:28 PM
 #42491

How many times have we seen Monero sort of decoupled from the alts?  It ran up on it's own a couple weeks back, and now is not joining in on the alt rebound.

Seems like this happens more often to Monero than others... then again it's a non-scientific subjective observation.

I am assuming there is a lot of sell pressure into which the alt rally is pushing?

Monere is decoupled from shitcoins and that is backed by science and math. Grin

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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November 06, 2020, 08:55:26 PM
 #42492

We are nearly low enough to pick up my rogue bitcoin.

Smiley

Up or down from here?




Down before up, if BTC resumes rocket mode.  If BTC hangs out or drifts /drops down,  I think up down then up.  Either way, I'm not sure we're done with the down part.  Hang on Globb0,  I think you still can get it back.  Maybe even with a cherry on top  Shocked

Do not take my wild conjecture as prescience
elrippos friend
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November 07, 2020, 07:28:16 AM
 #42493

We are nearly low enough to pick up my rogue bitcoin.

Smiley

Up or down from here?




I strongly believe that we will touch low 0,007 maybe even high 0,006, go sideways for a few weeks and then we are starting to gain massively towards BTC
It is nice to see, that we are still going sideways in $ and €, that is a very good sign  Grin Grin Grin

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November 10, 2020, 03:41:40 PM
 #42494

So what about RandomX ? anything else if or when or if they have already taken over (they, the MACHINES...)?

Still no torrent link to share? It would increase safety and distribution Smiley.

I am still curious if 0.3 is too much or not... will see later Smiley.

edit : I had to use the search function to find this post, what is going on? where have you all moved, to some kind of decentralized and secure forum?

When the people of the world will get that covid was intentionally released to frame china, steal the election from trump, assure massive bail outs and foster the forced vaccination agendas...they will forget, like 911, wmds in irak, uss liberty or pedogate.
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November 10, 2020, 07:24:40 PM
 #42495

There is currently no evidence of RandomX failing in regards to continuing to be ASIC resistant.

We have seen a couple brief spikes that have a lot of evidence of being cloud computing coming online for brief periods, but even this supports the idea that XMR is effectively C/GPU friendly only now.  The closest thing to an ASIC is the high end AMD CPUs.  If ASICs came into play we would see a ramp up that would go very high and remain there for as long as possible.  It would be a very costly endeavor to (again) make XMR ASICS and the manufacturers are incentivized to get that cost out as fast as possible.
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November 10, 2020, 08:02:23 PM
 #42496

With release of Ryzen 5000 series, the network hashrate will probably increase gradually.
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November 10, 2020, 08:06:40 PM
 #42497

I am still curious if 0.3 is too much or not... will see later Smiley.

edit : I had to use the search function to find this post, what is going on? where have you all moved, to some kind of decentralized and secure forum?

We are at 6% of Bitcoin transactions so at 0.06 now. Best source of Monero information is Monero subreddit.

Latest info there that attracted big crowd is about about Sybil attack
https://old.reddit.com/r/Monero/comments/jrh7mv/psa_informational_thread_on_the_recently_observed/

It was also mentioned on twitter: https://twitter.com/fluffypony/status/1326130648491417602
https://threadreaderapp.com/thread/1326130648491417602.html

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.PLAY NOW.
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November 11, 2020, 09:23:59 AM
Merited by dikobraz123 (1)
 #42498

With release of Ryzen 5000 series, the network hashrate will probably increase gradually.
They're not better in RandomX: https://www.reddit.com/r/MoneroMining/comments/jpmw5l/zen3_vs_zen2_clock_for_clock_comparison/
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November 11, 2020, 11:23:26 AM
 #42499

If I recall correctly, Zen 3 architecture should bring some 20% increase on the average in performance compared to Zen 2. Looks like  this does not translate to RandomX performance for now. Thanks for the link, I was about to pull the trigger on a new CPU.
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November 12, 2020, 05:49:37 PM
 #42500

The way things are going price-wise it looks like there are lots more sellers than buyers.  It's sinking rather fast while the rise to 11 was quick, but required quite a bit more volume.  Trying to work out what this means.

Do we think this is related to the interesting attack being shoveled at XMR just recently complete with some fairly strong trolling?
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