[XMR] Monero Speculation

[languagehasmeaning]

ABout tutanota, there is also some petition to accept xmr for donations:
https://tutanota.uservoice.com/forums/237921-general/suggestions/9968298-accept-monero-xmr-for-donations

But its been quite about this for a while now. So not sure, what's happening with that.

https://twitter.com/Tutanota_de/status/660955691620900864
That Tweet is about a month old. You may want to ask XMRpromotions for an update since he is the one who appears to have helped facilitate this decision.

[1714671276]

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[1714671276]

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[pa]

Recently i2p enabled donations in monero, which is good first step for others:

https://geti2p.net/en/get-involved/donate

Thus, it good to show them that accepting monero was good decidsion. So, if possible send them 1 or 2 xmr.

Thanks for the reminder; donated: Money successfully sent, transaction <94f6993ae92117bc42611e2357d833b6b9e2ed29f90961612a52bc7eda332a6d>

[kurious]

Nice volume and price up from what now looks like a definitive bottom test in spite of BTC rise...

Much more positive.

[Lloydimiller4]

I've been slowly buying more since I think this is the final time we will ever get to see .00105-.0015 ever again.
I've also convinced some more friends to each put in $1k in. I help them get cold wallets to store it in too, I hope they appreciate the effort in 2-3 years when they have several hundred Gs 

Can't wait for that v0.9 to come, I've been itching for that release for about 7 months now right? It will be worth it to see the reaction of all the XMR Fudsters and non-believers. 

[Jungian]

I've been slowly buying more since I think this is the final time we will ever get to see .00105-.0015 ever again.
I've also convinced some more friends to each put in $1k in. I help them get cold wallets to store it in too, I hope they appreciate the effort in 2-3 years when they have several hundred Gs 

Can't wait for that v0.9 to come, I've been itching for that release for about 7 months now right? It will be worth it to see the reaction of all the XMR Fudsters and non-believers. 

Sounds like a really horrible idea. They will blame you if they lose the money.

[dnaleor]

I've been slowly buying more since I think this is the final time we will ever get to see .00105-.0015 ever again.
I've also convinced some more friends to each put in $1k in. I help them get cold wallets to store it in too, I hope they appreciate the effort in 2-3 years when they have several hundred Gs 

Can't wait for that v0.9 to come, I've been itching for that release for about 7 months now right? It will be worth it to see the reaction of all the XMR Fudsters and non-believers. 

Sounds like a really horrible idea. They will blame you if they lose the money.

That is always the dilemma, no?

But on the other hand, you need to create awareness and adoption. Without promoting it a bit you can't get there. Early bitcoiners did the same.

[Bassica]

I've been slowly buying more since I think this is the final time we will ever get to see .00105-.0015 ever again.
I've also convinced some more friends to each put in $1k in. I help them get cold wallets to store it in too, I hope they appreciate the effort in 2-3 years when they have several hundred Gs  

Can't wait for that v0.9 to come, I've been itching for that release for about 7 months now right? It will be worth it to see the reaction of all the XMR Fudsters and non-believers.  

Sounds like a really horrible idea. They will blame you if they lose the money.

I think it really depends. If you clearly explain that it's highly volatile and a speculative bet, but with immense potential to the upside while 'only' 100% downside, it's fine I guess. Just don't have them bet the farm, but an amount which they won't miss, but are happy when doubled. If someone has hardly any savings, don't. If they have a healthy portfolio or a decent chunk of savings, plus they don't plan on retiring soon, for the love of god let them get a fraction of that in xmr. I think that is actually a crime if you NOT recommend doing so (be it a very tiny percentage). It is their choice in the end. It's all about presenting the full picture (up AND downside, opportunities AND risks), and not hypesell them into pooring shitloads into it.

I've done this, and yes, i get shit sometimes since we're down, more of a joke/making fun really. But I don't feel like I've mislead them or anything (and so don't they). I've clearly laid out how i see things, and not one of them did an amount which I consider too crazy looking at their financial situation. I'm still fairly confident they'll be happy with the advice in the long run. And if not, part of the game. I think the opportunity was good (and could arguably be even better now) so you take a shot. Whatever the result, the opportunity was there. Hindsight 20/20 right?

[Qastessa]

Nice volume and price up from what now looks like a definitive bottom test in spite of BTC rise...

Much more positive.

Not sure if it is the bottom. The price is around $0.4 for about a year now. It is one of the stablest coin in the world.

[TheKoziTwo]

Nice volume and price up from what now looks like a definitive bottom test in spite of BTC rise...

Much more positive.

Not sure if it is the bottom. The price is around $0.4 for about a year now. It is one of the stablest coin in the world.

Is this how you feel better about your investment crashing? Justifying it by saying it's been stable in USD?
XMR has not been stable. It's been crashing hard. Except for a brief period in the pre-exchange era the price is at all time lows. I'm just sitting here hoping it won't break 0.001 support.

If XMR is not going to outperform BTC why not just own BTC instead? If it's USD you want it makes more sense to hold BTC as long as the ratio falls. I'm not going to be happy with XMR at $1, $10 or even $100 if the XMR/BTC ratio crashes. I never watch the USD price, is seems completely irrelevant.

A falling XMR/BTC ratio indicates failure to compete in the cryptocurrency space.

[saddambitcoin]

Every altcoin is down against BTC. To me, that indicates the tides are turning, and soon that money will flow back into altcoins. Has that not been the case in every BTC reversal?

[TheKoziTwo]

Every altcoin is down against BTC. To me, that indicates the tides are turning, and soon that money will flow back into altcoins. Has that not been the case in every BTC reversal?

I agree, this will happen at some point, but previously it has happened after a longer rally in BTC. So I wouldn't really expect it to happen yet if history is any indication.

[birr]

Nice volume and price up from what now looks like a definitive bottom test in spite of BTC rise...

Much more positive.

Not sure if it is the bottom. The price is around $0.4 for about a year now. It is one of the stablest coin in the world.

Is this how you feel better about your investment crashing? Justifying it by saying it's been stable in USD?
XMR has not been stable. It's been crashing hard. Except for a brief period in the pre-exchange era the price is at all time lows. I'm just sitting here hoping it won't break 0.001 support.

If XMR is not going to outperform BTC why not just own BTC instead? If it's USD you want it makes more sense to hold BTC as long as the ratio falls. I'm not going to be happy with XMR at $1, $10 or even $100 if the XMR/BTC ratio crashes. I never watch the USD price, is seems completely irrelevant.

A falling XMR/BTC ratio indicates failure to compete in the cryptocurrency space.

You're only looking at the last two or three months boost in xbt.  How does it look compared to a couple of years ago?  Not very pretty.  We went through a brutal bear market that lasted a year and a half.  And where is the rally we're apparently experiencing now going to lead?  No one knows.

[Rias]

Every altcoin is down against BTC. To me, that indicates the tides are turning, and soon that money will flow back into altcoins. Has that not been the case in every BTC reversal?

I agree, this will happen at some point, but previously it has happened after a longer rally in BTC. So I wouldn't really expect it to happen yet if history is any indication.

Quite possibly, in case of short term BTC price spikes altcoin investors might be willing to realize their profit on BTC thus divesting from their altcoins. But in the long term, I think I'd agree with you. The 2014 euphoria seems to have totally faded away; altcoins market in total is still much less than BTC market.

[dEBRUYNE]

Nice volume and price up from what now looks like a definitive bottom test in spite of BTC rise...

Much more positive.

Not sure if it is the bottom. The price is around $0.4 for about a year now. It is one of the stablest coin in the world.

Is this how you feel better about your investment crashing? Justifying it by saying it's been stable in USD?
XMR has not been stable. It's been crashing hard. Except for a brief period in the pre-exchange era the price is at all time lows. I'm just sitting here hoping it won't break 0.001 support.

If XMR is not going to outperform BTC why not just own BTC instead? If it's USD you want it makes more sense to hold BTC as long as the ratio falls. I'm not going to be happy with XMR at $1, $10 or even $100 if the XMR/BTC ratio crashes. I never watch the USD price, is seems completely irrelevant.

A falling XMR/BTC ratio indicates failure to compete in the cryptocurrency space.

I agree with this statement. I would also like to add that if one alt (for instance Monero) counters the trend, probably all traders are going jump on it. So hopefully, Monero can accomplish this. Time will tell I guess.

[equipoise]

Nice volume and price up from what now looks like a definitive bottom test in spite of BTC rise...

Much more positive.

Not sure if it is the bottom. The price is around $0.4 for about a year now. It is one of the stablest coin in the world.

Is this how you feel better about your investment crashing? Justifying it by saying it's been stable in USD?
XMR has not been stable. It's been crashing hard. Except for a brief period in the pre-exchange era the price is at all time lows. I'm just sitting here hoping it won't break 0.001 support.

If XMR is not going to outperform BTC why not just own BTC instead? If it's USD you want it makes more sense to hold BTC as long as the ratio falls. I'm not going to be happy with XMR at $1, $10 or even $100 if the XMR/BTC ratio crashes. I never watch the USD price, is seems completely irrelevant.

A falling XMR/BTC ratio indicates failure to compete in the cryptocurrency space.

You could monitor the waited average BTC/USD/EUR price here: moneroprice.i2p.xyz. On my opinion it wasn't so irrelevant in the past year. And yes, the XMR/BTC trend should reverse at some point. On my opinion the reverse will happen soon if the whales in the XMR community are making money in this BTC rise. It seems that new people are slowly coming in the BTC world and some in the Monero too, but at the current moment the XMR price depends on the whales, not the newcomers.

[TheKoziTwo]

Nice volume and price up from what now looks like a definitive bottom test in spite of BTC rise...

Much more positive.

Not sure if it is the bottom. The price is around $0.4 for about a year now. It is one of the stablest coin in the world.

Is this how you feel better about your investment crashing? Justifying it by saying it's been stable in USD?
XMR has not been stable. It's been crashing hard. Except for a brief period in the pre-exchange era the price is at all time lows. I'm just sitting here hoping it won't break 0.001 support.

If XMR is not going to outperform BTC why not just own BTC instead? If it's USD you want it makes more sense to hold BTC as long as the ratio falls. I'm not going to be happy with XMR at $1, $10 or even $100 if the XMR/BTC ratio crashes. I never watch the USD price, is seems completely irrelevant.

A falling XMR/BTC ratio indicates failure to compete in the cryptocurrency space.

You're only looking at the last two or three months boost in xbt.  How does it look compared to a couple of years ago?  Not very pretty.  We went through a brutal bear market that lasted a year and a half.  And where is the rally we're apparently experiencing now going to lead?  No one knows.

What does that matter though? During a bear market for BTC, with the XMR/BTC ratio holding or falling, the only outcomes are losing USD value as fast as BTC, or losing it faster.

[pandher]

Monero is surprisingly stable. Its holding value even with such a brutal emission. That clearly is a sign that it has a large following

[dEBRUYNE]

Nice volume and price up from what now looks like a definitive bottom test in spite of BTC rise...

Much more positive.

Not sure if it is the bottom. The price is around $0.4 for about a year now. It is one of the stablest coin in the world.

Is this how you feel better about your investment crashing? Justifying it by saying it's been stable in USD?
XMR has not been stable. It's been crashing hard. Except for a brief period in the pre-exchange era the price is at all time lows. I'm just sitting here hoping it won't break 0.001 support.

If XMR is not going to outperform BTC why not just own BTC instead? If it's USD you want it makes more sense to hold BTC as long as the ratio falls. I'm not going to be happy with XMR at $1, $10 or even $100 if the XMR/BTC ratio crashes. I never watch the USD price, is seems completely irrelevant.

A falling XMR/BTC ratio indicates failure to compete in the cryptocurrency space.

You're only looking at the last two or three months boost in xbt.  How does it look compared to a couple of years ago?  Not very pretty.  We went through a brutal bear market that lasted a year and a half.  And where is the rally we're apparently experiencing now going to lead?  No one knows.

What does that matter though? During a bear market for BTC, with the XMR/BTC ratio holding or falling, the only outcomes are losing USD value as fast as BTC, or losing it faster.

Correct, the whole equation is as follows. If % increase in BTC > % decrease in XMR/BTC, you will gain USD value. If % increase in BTC = % decrease in XMR/BTC, you won't lose USD value. If % increase in BTC < % decrease in XMR/BTC, you will lose USD value.

[bitebits]

Paying btc with xmr.to is only a temporary solution to the bigger problem of not being able to spend xmr directly.

I really don't consider that to be a problem, payment providers will jump in this gap. There are and will be dozens of different digital currencies, all with their own specifics. Monero's is privacy and fungibility. Monero to fiat or bitcoin makes no difference to me.

[Hueristic]

Nice volume and price up from what now looks like a definitive bottom test in spite of BTC rise...

Much more positive.

Not sure if it is the bottom. The price is around $0.4 for about a year now. It is one of the stablest coin in the world.

Is this how you feel better about your investment crashing? Justifying it by saying it's been stable in USD?
XMR has not been stable. It's been crashing hard. Except for a brief period in the pre-exchange era the price is at all time lows. I'm just sitting here hoping it won't break 0.001 support.

If XMR is not going to outperform BTC why not just own BTC instead? If it's USD you want it makes more sense to hold BTC as long as the ratio falls. I'm not going to be happy with XMR at $1, $10 or even $100 if the XMR/BTC ratio crashes. I never watch the USD price, is seems completely irrelevant.

A falling XMR/BTC ratio indicates failure to compete in the cryptocurrency space.

Lol, your statement is patently false. Everything (all commodities) including BTC are tied to USD. You may have fooled yourself into believing otherwise but that's all your doing is deluding yourself.