smooth (OP)
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Activity: 2968
Merit: 1198
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July 28, 2015, 05:45:29 AM |
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BTC is about to hit the afterburners, in the form of sidechains and Lightning. What IS going on with sidechains? You have a link or something? Seems like it's been in discussion for forever ... Isn't it going to require bitcoin to change some code? Is it even possible to get consensus to do that at this point?
It will need a soft fork, which requires only that miners agree. (Not something that I love about Bitcoin tbh, but that's the reality.) Supposedly Blockstream has been in negotiation with large miners for a very long time, but no results from those negotiations have been announced. |
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rpietila
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July 28, 2015, 11:21:33 AM |
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You can always try to approximate the valuation via economic proxies, such as:
"For each $1 in valuation, XMR needs 5,000 active users."
Thus, $10 if we manage 50k users by Time_X.
$1,000,000 if we manage 5 billion users.
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HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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tyz
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Activity: 3360
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July 28, 2015, 12:43:32 PM |
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As a new Monero stakeholder I am wondering how many of you are able to speak Esperanto?  |
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dnaleor
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Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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July 28, 2015, 01:27:22 PM |
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As a new Monero stakeholder I am wondering how many of you are able to speak Esperanto? Mi povas paroli esperanton  Mi lernis la lingvon (kaj nuntempe ankoraŭ lernas) en duolingo, ĝi tre mojosas! PS: check my avatar  |
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tyz
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Activity: 3360
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July 28, 2015, 02:37:41 PM |
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I personally think that Monero will pass $1 in 2016 and $2 in 2017. It seems very pessemistic but we need to see that to strongly rising times are over. Hi everyone, lets predict the pirce of monero for 2016 and 2017 what are your thoughts about the price in one year, will it hit the $10?  |
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medusa13
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Activity: 453
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hello world
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July 28, 2015, 07:09:38 PM |
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still dumpage but the situation is slowly overheating. influx of new users is creating additional pressure, the orderbook stays weak, but its possible it migth never recover on polo anyway.
slowly slowly we climb until there is no way back.
any news on the new exchanges?
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XMR Monero
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uvwvj
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July 28, 2015, 07:12:57 PM |
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I personally think that Monero will pass $1 in 2016 and $2 in 2017. It seems very pessemistic but we need to see that to strongly rising times are over. Hi everyone, lets predict the pirce of monero for 2016 and 2017 what are your thoughts about the price in one year, will it hit the $10? Monero will pass $2 in 2016 when BTC is $1000 |
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3x2
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Activity: 1526
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July 28, 2015, 07:32:00 PM |
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I personally think that Monero will pass $1 in 2016 and $2 in 2017. It seems very pessemistic but we need to see that to strongly rising times are over. Hi everyone, lets predict the pirce of monero for 2016 and 2017 what are your thoughts about the price in one year, will it hit the $10? Monero will pass $2 in 2016 when BTC is $1000 Monero will be approximately 50$ before December 2017. |
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wpalczynski
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Merit: 1000
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July 28, 2015, 07:33:47 PM |
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My predictions:
Sometime in 2016 hits $10.
Sometime in 2017 hits $70.
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uvwvj
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July 28, 2015, 07:38:00 PM |
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That would mean that Monero would have to stay at the exact current level in terms of price in bitcoin (0.002). I find it very unlikely that with a Bitcoin bullrun taking BTC to 1000 the XMR/BTC price remains constant and does not rise.
IMO - They guys who really want Monero is the same guys 2-3 years ago in BTC. I don't see it being traded like Litecoin as a way to play because Monero holds value. 500 XMR to 1 Bitcoin right now is a good place any less imo its a buy, I also dont see it going over the 250:1 rate right now, at that point its sell sell sell. |
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medusa13
Sr. Member
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Activity: 453
Merit: 500
hello world
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July 28, 2015, 07:38:55 PM |
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maybe xmr/btc will crash during a btc bull run and fiat value still goes up ?
and after the btc bubble popped and everyone is rich, altcoins will have their bubble?
or not a possibility and medusa is just high as shit?
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XMR Monero
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Melbustus
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July 28, 2015, 08:11:30 PM |
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I personally think that Monero will pass $1 in 2016 and $2 in 2017. It seems very pessemistic but we need to see that to strongly rising times are over. Hi everyone, lets predict the pirce of monero for 2016 and 2017 what are your thoughts about the price in one year, will it hit the $10? We need at least one guy being pessimistically conservative in here to temper our expectations People should also be pricing in Bitcoin terms. That's the far more relevant metric (versus pricing in dollars). |
Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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medusa13
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Activity: 453
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hello world
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July 28, 2015, 08:20:44 PM |
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..
People should also be pricing in Bitcoin terms. That's the far more relevant metric (versus pricing in dollars).
could you shortly explain why you think so? |
XMR Monero
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dEBRUYNE
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Activity: 2268
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July 28, 2015, 08:26:16 PM |
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still dumpage but the situation is slowly overheating. influx of new users is creating additional pressure, the orderbook stays weak, but its possible it migth never recover on polo anyway.
slowly slowly we climb until there is no way back.
any news on the new exchanges?
You shouldn't focus that much on orderbooks. Imo, orderbooks are basically used to trick other people. Look at bitfinex for example, most of the bids and asks belong to the same person/entitiy. I wouldn't be suprised if it's precisely the same for XMR. |
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SmoothCurves
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July 28, 2015, 08:30:12 PM |
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..
People should also be pricing in Bitcoin terms. That's the far more relevant metric (versus pricing in dollars).
could you shortly explain why you think so? Because is 1 BTC is at 14,000 and XMR at 0.1, Each XMR It would be worth $1,140 usd. |
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dEBRUYNE
Legendary
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Activity: 2268
Merit: 1141
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July 28, 2015, 08:33:10 PM |
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..
People should also be pricing in Bitcoin terms. That's the far more relevant metric (versus pricing in dollars).
could you shortly explain why you think so? Because most people traded their BTC for XMR. Which is at first, more volatile and thus makes it more risky. Secondly, if the XMR/BTC ratio declines it would've been better to stay in BTC. |
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explorer
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Activity: 2016
Merit: 1259
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July 29, 2015, 12:58:21 AM |
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..
People should also be pricing in Bitcoin terms. That's the far more relevant metric (versus pricing in dollars).
could you shortly explain why you think so? Because is 1 BTC is at 14,000 and XMR at 0.1, Each XMR It would be worth $1,140 usd. Sounds good, apart from the math. I guess I could part with a some around there. Or even .01 $140. |
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MilkyLep
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July 29, 2015, 04:14:15 AM |
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..
People should also be pricing in Bitcoin terms. That's the far more relevant metric (versus pricing in dollars).
could you shortly explain why you think so? Because is 1 BTC is at 14,000 and XMR at 0.1, Each XMR It would be worth $1,140 usd. Sounds good, apart from the math. I guess I could part with a some around there. Or even .01 $140. Hell yeah that sounds alright. While we're at it lets have Litecoin around $750 and Namecoin near $100, with Dash crushing privacy around $0.05. |
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XMRChina
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July 29, 2015, 05:34:55 AM |
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I have been less active on bitcointalk.org over the last week. That does not mean I am not active. I will be in Reddit and Monero forums more. Working to coordinate with some people who are planning launch Monero websites, people writing localized Chinese content for press releases, contacting exchange owners and making social media connections.
Translations, tip bots, new exchanges (fiat and crypto), and Monero accepting businesses all help.
I do not have one large plan. I have many small plans that I am trying to put together to increase synergy and growth.
Not everything I want to happen will be ready by 8/8 but will come a little later (one important website in particular I know will be delayed) but there is a lot I am excited about. Chinese press releases are meant to direct traffic to Chinese websites and existing English content. Translations clearly help increase Monero visibility but progress can be made before they are complete.
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wpalczynski
Legendary
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Activity: 1456
Merit: 1000
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July 29, 2015, 09:14:31 AM |
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I have been less active on bitcointalk.org over the last week. That does not mean I am not active. I will be in Reddit and Monero forums more. Working to coordinate with some people who are planning launch Monero websites, people writing localized Chinese content for press releases, contacting exchange owners and making social media connections.
Translations, tip bots, new exchanges (fiat and crypto), and Monero accepting businesses all help.
I do not have one large plan. I have many small plans that I am trying to put together to increase synergy and growth.
Not everything I want to happen will be ready by 8/8 but will come a little later (one important website in particular I know will be delayed) but there is a lot I am excited about. Chinese press releases are meant to direct traffic to Chinese websites and existing English content. Translations clearly help increase Monero visibility but progress can be made before they are complete.
Thanks for your effort. Its appreciated. |
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