[XMR] Monero Speculation

[TrueCryptonaire]

Open Question: What is the most exciting thing that might realistically happen to Monero this year?

Being picked by Ryan the Pumper. 
This could give us 700+% profits in short time. Lol.

Seriously, someone big guy wanting to corner the coin. Once the price goes up, also development will find funding quite easily.

[dreamspark]

On top of everything else, the coin is oversold.

That very much depends on what time frame your looking at and also what indicator you are looking at.

[Joshuar]

Monero already has all 5 out of the 6 characteristics of money. What's remaining is acceptance. Acceptability would be gained through things like; making monero easier to use(GUI for ex), building infrastructure, marketing, and the like.

Thats right, Andreas talks about that a lot in this video, Monero already filled the privacy niche, there is no doubt about that.

In fact, Monero may be the only decently, fairly launched cryptocurrency that has all those 5 characteristics of money checked.

It is, XRP is the only "coin" so far that had a shot at getting near BTC in marketcap, thats because its centralized and 100% "premined", you see almost all coin in top 20 are the same, Monero is a rare exception, thats why I'm not concerned about the size of marketcap right now, its actually the symptoms of a fairly launched and mined currency, it would be very easy for Monero spike into top 5 if the emission was changed and you required 1000 XMR out of the market to create specific nodes for "anonymity".

3 Divisibility <-----Moneroj is divisible to 812 decimal places

 

Ring Signature anonymity surpasses masternode based anonymity. Masternodes are just another attack vector. And, it also decreases liquidity dramatically(which contrary to what pump and dump daytraders say on this forum), is not a good thing at all. It means the coin is less likely to be used by a large amount of people as an actual currency, not just speculative investments.

[Hueristic]

Open Question: What is the most exciting thing that might realistically happen to Monero this year?

Being picked by Ryan the Pumper. 
This could give us 700+% profits in short time. Lol.

Seriously, someone big guy wanting to corner the coin. Once the price goes up, also development will find funding quite easily.

Hope it doesn't but if this happens give us a heads up before their dump.

[TrueCryptonaire]

Open Question: What is the most exciting thing that might realistically happen to Monero this year?

Being picked by Ryan the Pumper. 
This could give us 700+% profits in short time. Lol.

Seriously, someone big guy wanting to corner the coin. Once the price goes up, also development will find funding quite easily.

Hope it doesn't but if this happens give us a heads up before their dump.

The effect of a pump could be also good. At least it brings a lot of fresh money to markets which might bring a lot of liquidity for days/weeks.

[jehst]

Open Question: What is the most exciting thing that might realistically happen to Monero this year?

When Bitcoin had the same market cap as Monero has now, it was perceived as a new, interesting technology by some, and the price rose by more than 100x in less than a year.

More is surely possible (see Quark or AUR for examples of dud coins that still managed nice rises).

Crypto Kingdom might go viral. Most interested players have invested $1,000 or more in their first month of play. All the currency is held up in XMR in the game cold accounts, unavailable for the market.

Something unforeseen could happen as well.

Quark and AUR were both pumped by Max Keiser:
http://www.maxkeiser.com/2014/02/auroracoin-debuts/
http://www.maxkeiser.com/2014/02/good-stuff-still-report-181-mt-gox-maxcoin-quark/

And DRK too:
http://www.maxkeiser.com/2014/05/kr606-keiser-report-bitcoins-nefarious-cousin-darkcoin/

Perhaps one day XMR will catch his eye.

[TrueCryptonaire]

I remember how doge was pumped. When it launched  the price was about 10 satoshi or less, and even now after pumps it is significiantly higher than launch.
There are basically 2 ways to organically increase the price: 1) strong and intensive pumping 2) getting a few really wealthy guys into hoarding the coin big time.

Possibly also some transactional demand could increase the price but again it is a little bit double edged sword. On the other hand people need Moneros but on the other hand the merchants do not need them unless they are enthustiasts themselves.

[TrueCryptonaire]

What Quark, AUR and DRK have in common? They could never replace BTC. Monero is not a pump and dump. Again, Andreas explain this very well in this video: https://www.youtube.com/watch?v=9npQ5f74Nr4

Open Question: What is the most exciting thing that might realistically happen to Monero this year?

Quark and AUR were both pumped by Max Keiser:
http://www.maxkeiser.com/2014/02/auroracoin-debuts/
http://www.maxkeiser.com/2014/02/good-stuff-still-report-181-mt-gox-maxcoin-quark/

And DRK too:
http://www.maxkeiser.com/2014/05/kr606-keiser-report-bitcoins-nefarious-cousin-darkcoin/

Perhaps one day XMR will catch his eye.

certainly xmr is not pump, looks dump to me. 

[CoinPromotion101]

What Quark, AUR and DRK have in common? They could never replace BTC. Monero is not a pump and dump. Again, Andreas explain this very well in this video: https://www.youtube.com/watch?v=9npQ5f74Nr4

Open Question: What is the most exciting thing that might realistically happen to Monero this year?

Quark and AUR were both pumped by Max Keiser:
http://www.maxkeiser.com/2014/02/auroracoin-debuts/
http://www.maxkeiser.com/2014/02/good-stuff-still-report-181-mt-gox-maxcoin-quark/

And DRK too:
http://www.maxkeiser.com/2014/05/kr606-keiser-report-bitcoins-nefarious-cousin-darkcoin/

Perhaps one day XMR will catch his eye.

certainly xmr is not pump, looks dump to me. 

Then you need to open your eyes my friend it is on lift off back to the moooon glad i am aboard 

[3x2]

What Quark, AUR and DRK have in common? They could never replace BTC. Monero is not a pump and dump. Again, Andreas explain this very well in this video: https://www.youtube.com/watch?v=9npQ5f74Nr4

Open Question: What is the most exciting thing that might realistically happen to Monero this year?

Quark and AUR were both pumped by Max Keiser:
http://www.maxkeiser.com/2014/02/auroracoin-debuts/
http://www.maxkeiser.com/2014/02/good-stuff-still-report-181-mt-gox-maxcoin-quark/

And DRK too:
http://www.maxkeiser.com/2014/05/kr606-keiser-report-bitcoins-nefarious-cousin-darkcoin/

Perhaps one day XMR will catch his eye.

certainly xmr is not pump, looks dump to me. 

Its not easy for max keiser and his buddies to pump xmr  so you wont see anything from him regarding monero.

[nioc]

certainly xmr is not pump, looks dump to me. 

No matter how much you post you won't get Moneroj at the price you are hoping for

[smooth]

I remember how doge was pumped. When it launched  the price was about 10 satoshi or less, and even now after pumps it is significiantly higher than launch.
There are basically 2 ways to organically increase the price: 1) strong and intensive pumping 2) getting a few really wealthy guys into hoarding the coin big time.

Possibly also some transactional demand could increase the price but again it is a little bit double edged sword. On the other hand people need Moneros but on the other hand the merchants do not need them unless they are enthustiasts themselves.

Transactional demand is a very long term play, but also has a huge payoff that can far exceed pumps. So it is both worthwhile and not worthwhile to pursue it depending on your time horizon and price target. Bitcoin isn't even close to there yet.

[Hueristic]

I remember how doge was pumped. When it launched  the price was about 10 satoshi or less, and even now after pumps it is significiantly higher than launch.
There are basically 2 ways to organically increase the price: 1) strong and intensive pumping 2) getting a few really wealthy guys into hoarding the coin big time.

Possibly also some transactional demand could increase the price but again it is a little bit double edged sword. On the other hand people need Moneros but on the other hand the merchants do not need them unless they are enthustiasts themselves.

Transactional demand is a very long term play, but also has a huge payoff that can far exceed pumps. So it is both worthwhile and not worthwhile to pursue it depending on your time horizon and price target. Bitcoin isn't even close to there yet.

Like NXt, ripple and such?

[rpietila]

certainly xmr is not pump, looks dump to me. 

No matter how much you post you won't get Moneroj at the price you are hoping for

The daily shows a nice hammer, so the walls at the 136-138 range will need to be relocated (or else wish that the whole uptrend was a false alarm, very much a possibility if you don't trust my words )

[chuki]

Will XMR "Explode" in 2015? What´s your opinion?

[GTO911]

Will XMR "Explode" in 2015? What´s your opinion?

More like reach back its top. 5$

[TrueCryptonaire]

What Quark, AUR and DRK have in common? They could never replace BTC. Monero is not a pump and dump. Again, Andreas explain this very well in this video: https://www.youtube.com/watch?v=9npQ5f74Nr4

Open Question: What is the most exciting thing that might realistically happen to Monero this year?

Quark and AUR were both pumped by Max Keiser:
http://www.maxkeiser.com/2014/02/auroracoin-debuts/
http://www.maxkeiser.com/2014/02/good-stuff-still-report-181-mt-gox-maxcoin-quark/

And DRK too:
http://www.maxkeiser.com/2014/05/kr606-keiser-report-bitcoins-nefarious-cousin-darkcoin/

Perhaps one day XMR will catch his eye.

certainly xmr is not pump, looks dump to me.  

Then you need to open your eyes my friend it is on lift off back to the moooon glad i am aboard  

I certainly hope this is the moon ride will take us permanently around 0.005... My average price is around 0.0035. And no, I have no intention to sell even 1 xmr at 0.005 but I simply hope to get on the water.  
I guess the developers also bought in somewhere there, too.

[TrueCryptonaire]

I remember how doge was pumped. When it launched  the price was about 10 satoshi or less, and even now after pumps it is significiantly higher than launch.
There are basically 2 ways to organically increase the price: 1) strong and intensive pumping 2) getting a few really wealthy guys into hoarding the coin big time.

Possibly also some transactional demand could increase the price but again it is a little bit double edged sword. On the other hand people need Moneros but on the other hand the merchants do not need them unless they are enthustiasts themselves.

Transactional demand is a very long term play, but also has a huge payoff that can far exceed pumps. So it is both worthwhile and not worthwhile to pursue it depending on your time horizon and price target. Bitcoin isn't even close to there yet.

I do not say that coin should not be used as a transactional coin. It is kind of cool addition that I am able to dump some of my coins to merchants, not only to try to sell them on exchanges (like bitcoin).
If the transactional use is something we want to bring value to coin is, then there need to be some incentive for merchants to hold the coin bags at least some time. The incentive might be the fact that the price of a coin is going up annually at some rate.
However as you said, it will take time to see what will be the actual rate the coin increases. Theoretically it should be the real growth rate of the economy (around 2 % annually) minus inflation of the coin.

[Hueristic]

The daily shows a nice hammer, so the walls at the 136-138 range will need to be relocated (or else wish that the whole uptrend was a false alarm, very much a possibility if you don't trust my words )

I don't understand this at all. 

[ArticMine]

The daily shows a nice hammer, so the walls at the 136-138 range will need to be relocated (or else wish that the whole uptrend was a false alarm, very much a possibility if you don't trust my words )

I don't understand this at all. 

http://www.candlestickforum.com/PPF/Parameters/16_474_/candlestick.asp A hammer is a bullish reversal signal.