rpietila
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Activity: 1722
Merit: 1036
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August 25, 2015, 08:18:16 AM |
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Bitcoin maximalism is, IMO, extremely unrealistic and reflects a cartoonish view of the world.
I have been both a silver maximalist and Bitcoin maximalist before, even fiat maximalist in my very early years prior to the Nasdaq bubble, and I have to +1. You have found Bitcoin, and now your life has ended. Sounds about as compelling as replacing "Bitcoin" with "Jesus"?  |
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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BldSwtTrs
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Activity: 861
Merit: 1010
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August 25, 2015, 08:27:21 AM |
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My biggest concern with Bitcoin XT remains the built in 8GB blocksize limit.
That's a possible concern but remember it won't reach 8 GB until 2036. The initial increase is only to 8 MB then doubling every two years. Now putting aside the whole debate over whether blocks should be large or how large, it seems to me that if you are going to go the route of scaling up by increasing the block size then this could very much be a problem again before 2036. Let's say in a year or so Bitcoin has started to take off and 8 MB isn't bit enough. You will have to wait another 18 months for the increase to 16 MB and even then that is only a relatively small increase. So I see potential speed bumps with the approach that is being taken even if you accept with Gavin and Mike say about being able to scale up the technology to use very large blocks (using IBLT and whatever). On the plus side with Gavin and Mike firmly in charge there is the possibility they could push through another hard fork (to raise the block size more quickly) if needed more easily. But then you have to ask about centralization and whether two guys firmly in charge could do something stupid too, and break it all. Mike Hearn makes good points about development centralization there: https://groups.google.com/forum/#!msg/bitcoin-xt/PBjK0BuB7s4/8LREpcaNBQAJ |
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medusa13
Sr. Member
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Activity: 453
Merit: 500
hello world
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August 25, 2015, 06:34:53 PM |
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the level is not yet reached where current holders step in big time. Most know they will most likely be able to get it even cheaper if btc continues to fall more, which is what it most likely will do  dont know where that level is. 30 cents? 25? i can only ask myself. if it goes to 0.25$? maybe i'll have to buy a shitload of it;D its always depending on timeframe too ofc. if it goes to 0.10$? max yolo i guess  |
XMR Monero
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Abiky
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Activity: 3374
Merit: 1405
www.Crypto.Games: Multiple coins, multiple games
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August 25, 2015, 07:25:33 PM |
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From the last time I checked the price, Monero has gone cheaper than ever. This could be a great opportunity to grow my stack of XMR even more  |
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TrueCryptonaire
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Activity: 1092
Merit: 1000
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August 25, 2015, 07:47:55 PM |
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I succeeded to scoop some xmr also today at 0.002075. I do not regret it.  And now I am just hoping it goes even lower so that I am able to buy some more even cheaper coins (am I driven by the greed?). |
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canth
Legendary
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Activity: 1442
Merit: 1001
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August 26, 2015, 02:13:48 AM |
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the level is not yet reached where current holders step in big time. Most know they will most likely be able to get it even cheaper if btc continues to fall more, which is what it most likely will do dont know where that level is. 30 cents? 25? i can only ask myself. if it goes to 0.25$? maybe i'll have to buy a shitload of it;D its always depending on timeframe too ofc. if it goes to 0.10$? max yolo i guess I'll say this...I'm nearing my goal for XMR holdings. If it goes to $0.25 or $0.10, I'm going to 2-3X that goal. |
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Hueristic
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Activity: 3990
Merit: 5430
Doomed to see the future and unable to prevent it
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August 26, 2015, 02:18:43 AM |
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the level is not yet reached where current holders step in big time. Most know they will most likely be able to get it even cheaper if btc continues to fall more, which is what it most likely will do dont know where that level is. 30 cents? 25? i can only ask myself. if it goes to 0.25$? maybe i'll have to buy a shitload of it;D its always depending on timeframe too ofc. if it goes to 0.10$? max yolo i guess I'll say this...I'm nearing my goal for XMR holdings. If it goes to $0.25 or $0.10, I'm going to 2-3X that goal. To be perfectly honest(which I usually am) I'm waiting to get back in and the time is close to ripe. Pretty stupid saying that but what the hell it is 420. |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Febo
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Activity: 2730
Merit: 1288
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August 26, 2015, 01:00:39 PM |
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From the last time I checked the price, Monero has gone cheaper than ever. This could be a great opportunity to grow my stack of XMR even more 50 cent Monero today is cheaper than 50 cent Monero last month. And yes, if it goes to 25 cents I will begin looking up kidney/XMR conversion rates. I actually am saving my XMR to buy a kidney. But i will not need it so fast. Well, at least hope so. |
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TrueCryptonaire
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Activity: 1092
Merit: 1000
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August 26, 2015, 01:05:03 PM |
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From the last time I checked the price, Monero has gone cheaper than ever. This could be a great opportunity to grow my stack of XMR even more 50 cent Monero today is cheaper than 50 cent Monero last month. And yes, if it goes to 25 cents I will begin looking up kidney/XMR conversion rates. I actually am saving my XMR to buy a kidney. But i will not need it so fast. Well, at least hope so. Sounds like we have one more merchant finding customers in Monerosphere. Pegasus is selling his kidney and Febo wants to buy it possibly from Pegasus. |
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Febo
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Activity: 2730
Merit: 1288
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August 26, 2015, 01:08:18 PM |
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From the last time I checked the price, Monero has gone cheaper than ever. This could be a great opportunity to grow my stack of XMR even more 50 cent Monero today is cheaper than 50 cent Monero last month. And yes, if it goes to 25 cents I will begin looking up kidney/XMR conversion rates. I actually am saving my XMR to buy a kidney. But i will not need it so fast. Well, at least hope so. Sounds like we have one more merchant finding customers in Monerosphere. Pegasus is selling his kidney and Febo wants to buy it possibly from Pegasus. His kidney will be way to old at time i will need it. |
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americanpegasus
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August 26, 2015, 02:47:48 PM |
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Bitcoin has their 10,000 btc pizza. We'll have our 100,000 xmr kidney.
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Account is back under control of the real AmericanPegasus.
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americanpegasus
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August 26, 2015, 08:20:05 PM |
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Monero has actually held incredibly steady vs. USD over the last 6 months. It's been at about 50 cents the whole time.  |
Account is back under control of the real AmericanPegasus.
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dEBRUYNE
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Activity: 2268
Merit: 1141
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August 26, 2015, 08:32:04 PM |
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Monero has actually held incredibly steady vs. USD over the last 6 months. It's been at about 50 cents the whole time. Better to use this ( http://coincap.io/#/coin/xmr), the USDT/XMR pair is pretty illiquid resulting in many outliers and high volatility. I advice to just put your marker over the lines to see the price, because the legenda is a bit skewed and acting odd. |
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mookid
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August 27, 2015, 03:12:17 AM |
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How is monero standing right now against other altcoins? in terms of money capitalization and general acceptance?
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XMRpromotions
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August 27, 2015, 08:13:34 AM |
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How is monero standing right now against other altcoins? in terms of money capitalization and general acceptance?
Because of xmt.to Monero has better acceptance than EVERY other alt coin. It is literally accepted at every bitcoin merchant right now. xmr.to is easy to use. Check it out today! |
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Shrikez
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August 27, 2015, 09:58:04 AM |
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36 BTC volume on Poloniex? Come on Monerians, can't we do better than that?
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Die Würde des Menschen ist unantastbar
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dEBRUYNE
Legendary
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Activity: 2268
Merit: 1141
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August 27, 2015, 10:35:35 AM |
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36 BTC volume on Poloniex? Come on Monerians, can't we do better than that?
Calm before the storm! |
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thefunkybits
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Activity: 1218
Merit: 1000
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August 27, 2015, 12:07:21 PM
Last edit: August 27, 2015, 12:17:31 PM by thefunkybits |
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36 BTC volume on Poloniex? Come on Monerians, can't we do better than that?
Calm before the storm! Yep. Buyers are scared yet and sellers are getting exhausted The dump to 00196 wasn't actual human sellers, it was people getting margin called and stopped out (I know this for a fact) |
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