[XMR] Monero Speculation

[kelsey]

i see monero shills continually trolling litecoin, as if they need to discredit it to overtake it on coinmarketcap. this itself always turns me off monero.

occasionally i get over that and attempt to give monero a go.......

like this morning....well

how in any even remotest dream do you guys think monero has a snow balls chance of even being adopted by even 1/1000th of btt members here let alone anyone else in the world outside?


just curious?

sure you guys will treat it as a troll, but seriously this coins almost unusable in its current state  

is it command line or do i have the wrong client  

Who is trolling litecoin? I've actually been on the litecoin vs. dash thread discrediting dash. If you're talking about NEMaSCAM's thread, I suggest you look at his or her post history to see what he or she is about.

One interesting side effect of all of these accusations of shilling and spamming directed at Monero supporters is that should Monero take of, none of the Monero early adopters could be accused of having an
"unfair" advantage.

its certainly not baseless accusations anyone who reads this forum sees the mindless shilling, also most the 'litecoin is dead' types can be traced back to monero supporters threads, tis how i found monero.


 

[kelsey]

Looking at LTC's supply inflation, its level of use, and its userbase (mostly Chinese), I think it is clearly a coin that will be devastated during a Chinese economic correction and greater crypto bear market. Will XMR overtake LTC? That remains to be seen. What I can tell you is that LTC has a hell of a lot more to lose (100 million+ market cap) than XMR does.

what fud.

depends on how you calc inflation., count it the legit way and LTC, BTC etc are deflationary.

[GingerAle]

i see monero shills continually trolling litecoin, as if they need to discredit it to overtake it on coinmarketcap. this itself always turns me off monero.

occasionally i get over that and attempt to give monero a go.......

like this morning....well

how in any even remotest dream do you guys think monero has a snow balls chance of even being adopted by even 1/1000th of btt members here let alone anyone else in the world outside?


just curious?

sure you guys will treat it as a troll, but seriously this coins almost unusable in its current state  

is it command line or do i have the wrong client  

Who is trolling litecoin? I've actually been on the litecoin vs. dash thread discrediting dash. If you're talking about NEMaSCAM's thread, I suggest you look at his or her post history to see what he or she is about.

One interesting side effect of all of these accusations of shilling and spamming directed at Monero supporters is that should Monero take of, none of the Monero early adopters could be accused of having an
"unfair" advantage.

its certainly not baseless accusations anyone who reads this forum sees the mindless shilling, also most the 'litecoin is dead' types can be traced back to monero supporters threads, tis how i found monero.

Trust me, the devs have tried using their mighty dev powers to stop the shilling. I even tried to use my troll-appointed dev powers to stop the shilling by using a god-like commanding voice. Turns out people are people and no one can control anyone, so, enjoy the show.

[ArticMine]

...
its certainly not baseless accusations anyone who reads this forum sees the mindless shilling, also most the 'litecoin is dead' types can be traced back to monero supporters threads, tis how i found monero.
...

It is not whether or not the accusations have merit, but rather that they serve to protect the early adopters who got in cheap, after Monero moons. This of course applies only in the event that Monero does moon. So I actually consider the accusations a form of insurance.  

[kelsey]

why do amercian's if ask say two or three questions, only answer one  

and the one they have to get defensive about

[generalizethis]

why do amercian's if ask say two or three questions, only answer one  

and the one they have to get defensive about

Why do Aussies make generalizations about Americans

[kelsey]

why do amercian's if ask say two or three questions, only answer one  

and the one they have to get defensive about

Why do Aussies make generalizations about Americans

why do american's think there's such a thing as american english; its spelt; generalisations 

[ArticMine]

why do amercian's if ask say two or three questions, only answer one  

and the one they have to get defensive about

First, I am not American, if by American you mean a citizen or resident of the United States. To answer your other questions.

The "official" versions are close to nine months old, and require upwards of 7 GB of RAM to run. In order to get the latest versions one actually needs to compile from source. Then Monero only requires about  60 MB of RAM and has a host of other very significant under the hood  improvements. Furthermore in both cases it is a command line interface. To use my real estate analogy the foundation is very solid but the bathroom stinks really bad. This is why one can purchase XMR at the current prices. There are other coins that have very serious problems in the "foundation" (out of sight out of mind), but the "bathrooms" are clean and beautiful. They are also more expensive.

I have been around enough to realize that 1) Freshly painted rotten wood actually sells very well in real estate. 2) A freshly painted rusted used car also sells very well, as long as the rust is hidden. Caveat Emptor.

Edit: The devs have been working very hard building a very solid foundation and cannot be bothered with "cleaning up the bathroom".

[jehst]

why do amercian's if ask say two or three questions, only answer one  

and the one they have to get defensive about

Why do Aussies make generalizations about Americans

why do american's think there's such a thing as american english; its spelt; generalisations  

americans **
it's **

you're having a hard time today.

[smooth]

also most the 'litecoin is dead' types can be traced back to monero supporters threads

I seriously doubt that. I have seen most of the Litecoin is dead threads and I didn't notice any dominant Monero community presence. I think I commented on one such thread, but that hardly constitutes anything close to the whole idea being traced back to Monero. In fact I'm quite certain that the idea of Litecoin being in fact headed for zero, and the discussion of the idea widely on this forum, pre-dates Monero's existence by a fair bit.

(And indeed my opinion is that Litecoin is dead -- unless Bitcoin stumbles badly, which recent history suggests is a significant possibility -- in which case I do believe Litecoin could step up fairly easily as a drop-in replacement. Maybe that's another way of saying that Litecoin is not dead though.)

[rangedriver]

also most the 'litecoin is dead' types can be traced back to monero supporters threads

It's kinda funny how scared you are of Monero. Upset the apple cart much?

It's also extraordinary why anyone would favour a dictatorial premined project over a quality co-operative. Personally I prefer fairly launched enterprises.

Perhaps that's the reason I'm on the Litecoin Association and an investor in both LTC and XMR.

[kelsey]

also most the 'litecoin is dead' types can be traced back to monero supporters threads

It's kinda funny how scared you are of Monero. Upset the apple cart much?

It's also extraordinary why anyone would favour a dictatorial premined project over a quality co-operative. Personally I prefer fairly launched enterprises.

Perhaps that's the reason I'm on the Litecoin Association and an investor in both LTC and XMR.

you've lost me here? scared of what, why, when and how 

[g4q34g4qg47ww]

its certainly not baseless accusations anyone who reads this forum sees the mindless shilling, also most the 'litecoin is dead' types can be traced back to monero supporters threads, tis how i found monero.

links?

why do amercian's if ask say two or three questions, only answer one 

americans? what? who have you assumed is an american and why?

Edit: As for the lack of an official GUI, this actually makes Monero very attractive to an investor because this causes Monero to have the "right things wrong with it". I learned about this concept in real estate investing where a house with a faeces encrusted bathroom and a solid foundation can be a much better buy than a house with a beautiful clean bathroom, and a foundation about to collapse.

LTC does in fact have a very fancy bathroom, perfectly suited for depositing bodily fluids and going about your day. As for the foundation, is it anything more than a weak hedge against a btc catastrophe? I got into crypto because of LTC mining profits and am grateful for that, but let's be real here, it brings a big boring nothing to the table. I've never fudded or trashed LTC before this moment, I wish the LTC community the best and hope they all get their yachts. But in all seriousness... LTC?  Quicker block discovery and unimaginative alternative algo to btc and..... anything? Adoption maybe? Name one place that I can not use xmr.to to make a purchase anywhere btc or ltc is accepted. I can't imagine why anyone would stumble into a thread populated by supporters of a coin sporting dynamic block size, opaque block chain, and much more future proof security than... everything? What are you expecting here other than to be laughed at?

[kelsey]

its certainly not baseless accusations anyone who reads this forum sees the mindless shilling, also most the 'litecoin is dead' types can be traced back to monero supporters threads, tis how i found monero.

links?

why do amercian's if ask say two or three questions, only answer one 

americans? what? who have you assumed is an american and why?

Edit: As for the lack of an official GUI, this actually makes Monero very attractive to an investor because this causes Monero to have the "right things wrong with it". I learned about this concept in real estate investing where a house with a faeces encrusted bathroom and a solid foundation can be a much better buy than a house with a beautiful clean bathroom, and a foundation about to collapse.

LTC does in fact have a very fancy bathroom, perfectly suited for depositing bodily fluids and going about your day. As for the foundation, is it anything more than a weak hedge against a btc catastrophe? I got into crypto because of LTC mining profits and am grateful for that, but let's be real here, it brings a big boring nothing to the table. I've never fudded or trashed LTC before this moment, I wish the LTC community the best and hope they all get their yachts. But in all seriousness... LTC?  Quicker block discovery and unimaginative alternative algo to btc and..... anything? Adoption maybe? Name one place that I can not use xmr.to to make a purchase anywhere btc or ltc is accepted. I can't imagine why anyone would stumble into a thread populated by supporters of a coin sporting dynamic block size, opaque block chain, and much more future proof security than... everything? What are you expecting here other than to be laughed at?

Q.E.D.

[g4q34g4qg47ww]

Q.E.D.

What is it with LTC supporters that when you ask three questions they answer none and become offended by the obvious?

[kelsey]

Q.E.D.

What is it with LTC supporters that when you ask three questions they answer none and become offended by the obvious?

why is it some can't count past 3?

not even slightly offended by anything on this forum.

looks like in every word i write people just looking for a reason to debate, reaching for one, which is a waste of all our time.

[noms]

Q.E.D.

What is it with LTC supporters that when you ask three questions they answer none and become offended by the obvious?

why is it some can't count past 3?

not even slightly offended by anything on this forum.

looks like in every word i write people just looking for a reason to debate, reaching for one, which is a waste of all our time.

Yes, debate about XMR, especially in an *XMR Speculation thread* is really quite a waste of our time. We should probably all stop reading BCT and go about our "American" lives. /sarcasm

[Melbustus]

also most the 'litecoin is dead' types can be traced back to monero supporters threads

...
 In fact I'm quite certain that the idea of Litecoin being in fact headed for zero, and the discussion of the idea widely on this forum, pre-dates Monero's existence by a fair bit.
...

Yup. Take me for example. I've derided 99% of alts for years. I'm on record since well before Monero ranting about how Litecoin brings nothing to the table, and how the tweaks vs Bitcoin (supply, conf time, mining alg) are all meaningless in practice. Now that the meaninglessness of the tweaks is well understood, all Litecoin has left is this notion of a "back up" to Bitcoin. That one may actually have slight merit, but IMO, not one justifying a top-5 position.

Ever since Zerocash/coin was theorized a few years ago, I've thought that protocol-level privacy would be a niche that an alt-coin could fill, since Bitcoin would probably never implement it directly. Monero is the first coin to come along (with a reasonable launch) that can fill that niche, hence my assertion that it can attain decent market-cap in the alt space, and specifically that a more rational crypto market would likely price it higher than Litecoin.

I think there are a lot of people (especially those of us who correctly saw Bitcoin's value early on) on here who have a similar analysis; hence kelsey's feeling that Monero supporters don't like Litecoin. He's getting the causality mixed up, but there may be a correlation (not causation).

[vokain]

It's not because I see at least some potential in Monero that I dislike Litecoin, it's that way before Monero ever was even conceived I noticed that Litecoin offered nothing meaningful over Bitcoin aside from experiment and speculative venue. Philosophically, nothing is different with Litecoin over Bitcoin that Bitcoin doesn't already do well. The story with Monero is different because Bitcoin, when I first learned about Bitcoin, was considered anonymous (enough) but really, it's the most transparent method of ledgering.

[ibuyltc]

I always thought Litecoin was going to be the #2 altcoin forever because of its "Bitcoin backup" status.  Boy, those were the days of being naive.

It should be pretty obvious that the #2 coin is going to be a privacy centric coin in the future.

Monero seems poised to take that spot, as continues its slow (but steady) growth.