[XMR] Monero Speculation

[Diamond Rolex]

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[macson]

Zoomed out growth of Monero transactions. Average daily translations by quarter.  Q1 of 2021 update.

snip

to moon 🚀

It sucks that usefulness doesn't make the price go up but maybe it will eventually. BCH and XMR are the two best cryptos to bring economic freedom to the world. Bitcoin is unusable for most people due to the high fees and we are seeing centralized solutions take it over.

$5k BCH and $2k XMR isn't far away.

you like BCH & XMR but not BTC, I like BTC & XMR but not BCH "lol"

don't complain fella, i'm also waiting for XMR to make a new ATH, very sure this year it will happen and ^(maybe) we will see XMR at $2k.

[cAPSLOCK]

Zoomed out growth of Monero transactions. Average daily translations by quarter.  Q1 of 2021 update.

snip

to moon

It sucks that usefulness doesn't make the price go up but maybe it will eventually. BCH and XMR are the two best cryptos to bring economic freedom to the world. Bitcoin is unusable for most people due to the high fees and we are seeing centralized solutions take it over.

$5k BCH and $2k XMR isn't far away.

you like BCH & XMR but not BTC, I like BTC & XMR but not BCH "lol"

don't complain fella, i'm also waiting for XMR to make a new ATH, very sure this year it will happen and ^(maybe) we will see XMR at $2k.

The BCH narrative flag is being carried by the front line Monero evangelists on Twitter and elsewhere now.  And I know there are many here in this thread that also believe the Blockstream = evil, Peer to Peer CASH, whitepaper, NgU is evil etc. thing.

I also think Monero is a better fulfilment of what most of us (possibly SN himself) wanted Bitcoin to be, but I feel like the anti-BTC narratives are more harmful than anything else...

I could be wrong, I guess.

But I have ALWAYS seen BTC and XMR as two sides of a coin.  I am not a fluffy disciple, but I pretty much agree with his (at least public) stances on BTC vs XMR, and the community has drifted towards a Bitcoin hostile vibe that reminds me very much of the Roger Ver type of stance.  I don't like it.  But that's just me.

[bitebits]

Posted by u/SamsungGalaxyPlayer
https://www.reddit.com/r/CryptoCurrency/comments/mm3iw9/mobilecoin_is_a_censored_monero_wannabe_premined/

TL;DR: "If you want a premined, centralized coin that censors transactions, with security assumptions reliant on Intel, and which makes a bunch of VCs rich, then use MobileCoin."

[sportscliche]

But I have ALWAYS seen BTC and XMR as two sides of a coin.  I am not a fluffy disciple, but I pretty much agree with his (at least public) stances on BTC vs XMR, and the community has drifted towards a Bitcoin hostile vibe that reminds me very much of the Roger Ver type of stance.  I don't like it.  But that's just me.

I agree. BTC bashing aside, having an identifiable, prominent, vocal person as the figurehead and/or creator of a crypto project is simply not a good look. No matter how noble their intentions, they are certain to rub at least some people the wrong way. Worse and more important, they give the impression that the project lacks sufficient decentralization. The following individuals and their blockchains are indelibly linked: Ethereum = Buterin, BCH = Ver, Cardano = Hoskinson, Zcash = Zooko, EOS = Larimer, Tron = Sun, XRP= Garlinghouse, BSV = CSW, Binance = CZ and of course the list goes on and on.

[Hueristic]

Peter Todd on Bitcoin's and Monero's Security Risks

https://www.youtube.com/watch?v=XSfb96P4Xys

[cAPSLOCK]

Peter Todd on Bitcoin's and Monero's Security Risks

https://www.youtube.com/watch?v=XSfb96P4Xys

Interesting show.  The host (Doug?  Does he post here?  Dunno) is sort of the super Monero fanboy confirmation bias guy... and Todd is the ultimate adversarial thinker.  So it's like putting baking soda with vinegar.

In the end the both did well and made it interesting.

[Globb0]

Zoomed out growth of Monero transactions. Average daily translations by quarter.  Q1 of 2021 update.

snip

to moon

It sucks that usefulness doesn't make the price go up but maybe it will eventually. BCH and XMR are the two best cryptos to bring economic freedom to the world. Bitcoin is unusable for most people due to the high fees and we are seeing centralized solutions take it over.

$5k BCH and $2k XMR isn't far away.

you like BCH & XMR but not BTC, I like BTC & XMR but not BCH "lol"

don't complain fella, i'm also waiting for XMR to make a new ATH, very sure this year it will happen and ^(maybe) we will see XMR at $2k.

The BCH narrative flag is being carried by the front line Monero evangelists on Twitter and elsewhere now.  And I know there are many here in this thread that also believe the Blockstream = evil, Peer to Peer CASH, whitepaper, NgU is evil etc. thing.

I also think Monero is a better fulfilment of what most of us (possibly SN himself) wanted Bitcoin to be, but I feel like the anti-BTC narratives are more harmful than anything else...

I could be wrong, I guess.

But I have ALWAYS seen BTC and XMR as two sides of a coin.  I am not a fluffy disciple, but I pretty much agree with his (at least public) stances on BTC vs XMR, and the community has drifted towards a Bitcoin hostile vibe that reminds me very much of the Roger Ver type of stance.  I don't like it.  But that's just me.

We all have bitcoin brothers. I think its some other forces with that vibe.  (plus they all know about Monero too )

[tokeweed]

Posted by u/SamsungGalaxyPlayer
https://www.reddit.com/r/CryptoCurrency/comments/mm3iw9/mobilecoin_is_a_censored_monero_wannabe_premined/

TL;DR: "If you want a premined, centralized coin that censors transactions, with security assumptions reliant on Intel, and which makes a bunch of VCs rich, then use MobileCoin."

The sad part is Signal, being part of the open source movement and the whole fighting for our online privacy thing, is using it for their own app.  And the sadder part is people outside the space will think it’s the coolest thing to happen for Signal users.  I mean wow...  Talk about a sell out.

[cAPSLOCK]

This is an interesting write up.  Also interesting it got tagged as an "unreliable source".  (edit- Looks like a bot did this because there was a cointelegraph link in it)

Someone is spending tens of millions of dollars to suppress Monero

https://www.reddit.com/r/CryptoCurrency/comments/mkj20r/someone_is_spending_tens_of_millions_of_dollars/

[Febo]

https://old.reddit.com/r/Monero/comments/mmrchk/im_happy_to_announce_haveno_the_monero_based_dex/


Apparently is far from being use able, but finally someone started it.  If BisQ did not want to take Monero as native coin it was only way that someone fork BisQ.   Same will happen with Signal. Them not using Monero will just make someone fork Signal and add Monero to it.

Someone is spending tens of millions of dollars to suppress Monero

That is definitely true. Sad is we will never know who since there can be so many. Fierce-uk is now mod on Zcash subeddit.  Probably they are just so ignorant to add him there and nothing else, but who knows.  What is missed in that reddit post is about a month ago Monero github was spammed and I believe right now no new developers can add code to Monero. Only existing can. Attacks are serious.

Bottom line is Monero was, is and will be attacked all the time. There will be attacks on the network, it will be attacked legally. It will be attacked on every possible way. It dont really mater who is the attacker. What it matters is that what dont kills you it makes you stronger.

Peter Todd on Bitcoin's and Monero's Security Risks

https://www.youtube.com/watch?v=XSfb96P4Xys

What most bothers me is how can people be so ignorant of RandomX almost 2 years after its existence. Andreas Antonopoulos had no ideas about it, same with Peter Todd.  As was seen on twitter we might see both Peter Todd and Howard Chu together in one of the next episode.

[Millionero]

Posted by u/SamsungGalaxyPlayer
https://www.reddit.com/r/CryptoCurrency/comments/mm3iw9/mobilecoin_is_a_censored_monero_wannabe_premined/

TL;DR: "If you want a premined, centralized coin that censors transactions, with security assumptions reliant on Intel, and which makes a bunch of VCs rich, then use MobileCoin."

https://www.wired.com/story/signal-mobilecoin-payments-messaging-cryptocurrency/

"Like Monero, MobileCoin uses a protocol called CryptoNote and a technique it integrates known as Ring Confidential Transactions"

[cAPSLOCK]

Posted by u/SamsungGalaxyPlayer
https://www.reddit.com/r/CryptoCurrency/comments/mm3iw9/mobilecoin_is_a_censored_monero_wannabe_premined/

TL;DR: "If you want a premined, centralized coin that censors transactions, with security assumptions reliant on Intel, and which makes a bunch of VCs rich, then use MobileCoin."

https://www.wired.com/story/signal-mobilecoin-payments-messaging-cryptocurrency/

"Like Monero, MobileCoin uses a protocol called CryptoNote and a technique it integrates known as Ring Confidential Transactions"

When called out by fluffy, one of the devs claimed it had nothing to do with Monero (even though it inherited just about all of Moneros code on top of CN) and dissed the Monero codebase.

They did not attribute Monero at all.

The premined the ENTIRE THING and sold it for 80c a coin, launching themselves into instant shitcoin glory to be seen on CMC?  And making it a security for sure.

They are using RIPPLE's consensus mechanism (lol).

The thing is smelly as hell... which means it will probably take over the world. :/

[tokeweed]

One good thing about the whole MobileCoin thing is XMR could be in the spotlight again.

Anyway, we got XMR starting to trend back up real nicely against BTC after it had bottomed out at the beginning of the year a tad below .0035. That’s all I care about rn.  What’s done is done.  Signal can go scam themselves.

[cAPSLOCK]

Daily RSI getting a little overheated.



But I would love to see us keep going.  And I think the fundamentals are starting to gather like storm clouds.   

The more I think American Pegasus' prediction about gvmt folks hiding value here the more it seems extremely likely.  Latest "Rabbit Hole Recap" has Matt and Marty talking about Ukrainian gvmt officials holding 5 digits of corn.  How do you think a public figure there feels with the world knowing they are bitcoin billionaires?  They are at least starting to dip their toes into this... why wouldn't they?  Even if you lost some value to volatility, where do you want your holdings? Where all the shady criminal types can see it and come up with a plan to kidnap your daughter?  Or hidden?

In that part of the world (and really everywhere) either your finances end up "at the bottom of the sea" after a boating accident, or *YOU* do.

It is becoming OBVIOUS that Monero is the most undervalued crypto project in the whole damn bunch.  We have always known it, of course.  We are the choir.  But the congregants are starting to wake up.

Hold tight brothers.

[Febo]

This year high happened on Binance at $290. It is just a matter of hours and not days fro price to go over $300. New ATH can already happen in May.  Next week because of Monero 7th birthday some publicity will for sure happen. 

[cAPSLOCK]

This year high happened on Binance at $290. It is just a matter of hours and not days fro price to go over $300. New ATH can already happen in May.  Next week because of Monero 7th birthday some publicity will for sure happen. 

I think you are right.

[cAPSLOCK]

You know what?

I can feel it again.  Can you guys feel it?  It's strong at the moment.  It's getting REALLY strong.

I am like an animal that knows an earthquake is coming... I am starting to get that feeling again.  And yeah, I am sober. But I think Monero is about to fulfill what we have been sitting here knowing would eventually happen for 6 years.  And yeah.  I am talking about price.  But price is just the symptom.  People are starting to wake up.

Bitcoin is 12 years old now?  Something like that.  And when it was new, those who saw it, began to understand it.  Just began.  And they started playing with it, and hoarding it, and reading about it and thinking about it, and over time understanding it.  It took a while.  And then some of us saw something interesting.  One of the tradeoffs bitcoin made created a ledger that was completely transparent. Uh oh.  Silk road came, and then went.  Ross went to jail.  And Bitcoin, which had cut it's teeth on the dark net began to be understood further.  It was not safe to use it for that... only a few got it at first.  More darknets came and went as law enforcement figured out how to trace Bitcoin... 

And along came Cryptonote, Bytecoin and Monero.  Yeah we all know the story.  Some of us were HERE for it.  Risto (RIP?), and his castle, and his God complex.  A coin with no GUI wallet forever.  Little by little the code was cleaned up, improved.  Quietly the foundation was built... stronger and stronger.  But it was still hard to use.  And the same folks that could not figure out a CLI wallet didn't really understand the WHY for monero in the first place.  They were more interested in a "World computer", Cryptokitties, or the newest acronym the herd was chanting as the makers of those scam dumped their bags on the masses.  But Monero just kept going.  Step by step adding more and more iron clad privacy.  Some saw it early on as a compliment to Bitcoin.  The private ledger.  A different trade off.  Doing one of the few things Bitcoin just could not do.  Some saw it as what bitcoin was supposed to have been in the first place.

But still.  99.99xxx% of the world did not REALLY understand Bitcoin, much less the nuanced difference that Monero brought.

Yet more darknet markets popped up primarily using Bitcoin.  And they kept getting busted over and over...  some began to use Monero... but it was a minority player.  And would end up in the reports of the takedowns.  Somethng like:

Alexandre Cazes was arrested on suspicion of operating the darknet marketplace AlphaBay. The deceased alleged dark web kingpin possessed 1,605.05 BTC, 8,309.27 ETH, 3,691.98 ZCash and an unknown amount of Monero, according to his financial statement as revealed by the authorities.

Here in this thread we all danced that day... We knew what that meant.  "an unknown amount of Monero".

It was working.  It was doing exactly what it was made for.  NO.  Not being used to buy and sell drugs.  Being used as private, fungible cash. 

Fast forward to today.  The biggest DNM is now Monero only.  And it's still trucking.  Because Monero works.  It works as money, and it works in the absolutely most dangerous and hostile environment possible.

And now we are *JUST* on the dawn of the beginnings of the Bitcoin revolution. "In hindsight it was inevitable".  Remember when you first understood that?  Well before 2021.  But still it took you a little while.  You had to digest what Bitcoin was.  AND what it was not.  But NOW the WORLD is waking up to Bitcoin.  It is understanding that it offers something completely new at exactly the right time.  And just like a few of us began to see back in 2014.  There are some things it does not do.  There NEEDS to be a private bitcoin.  These people will come to that understanding much more quickly.  Take a bow gents. It's your shoulders they are standing on.    You were the ones that ran Monero up the first bull market.

And you get to watch as the new blood starts to trickle... then pour... then flood into Monero like a torrent.  Because people are going to realize it offers something they need.  Not only should they buy a little because it might get more valuable... but they NEED it.  Not to buy weed, but to protect their financial privacy.

Monero has been undervalued for a LONG LONG time.  It cannot remain so.

They are coming.  And the team behind this project has made the protocol and the software as ready as they possibly could have.

I can feel it, my friends.  It's really strong.  And this is still the calm before the storm.

Can you feel it?

[Febo]

Monero has been undervalued for a LONG LONG time.  It cannot remain so.

Monero has been shorted for a LONG LONG time. Shorts will get liquidated. It is just a matter of hours and not days. We might see new ATH this month and not the next.

[macson]

snip

Alexandre Cazes was arrested on suspicion of operating the darknet marketplace AlphaBay. The deceased alleged dark web kingpin possessed 1,605.05 BTC, 8,309.27 ETH, 3,691.98 ZCash and an unknown amount of Monero, according to his financial statement as revealed by the authorities.

Here in this thread we all danced that day... We knew what that meant.  "an unknown amount of Monero".

snip

i think you should write this good line in an article and title it "the greatest Monero" "lol"

talking about monero, yeah it got me excited....On April 18th, monero will enter the age of 7'.  as a monero supporter, i always expect the best prices for monero.  very sure we will see a new ATH.