[XMR] Monero Speculation

[primer-]

In two years poof no more block reward

Incorrect.

You must be one of the three retards reward in Aug. 2018 1xmr..
You retards thought getting rid of the block reward fast is going to get you rich ? Nope, this shitcoin wont live to see 2018

Incorrect.

In Aug. 2018 reward per minute will be ~2 XMR.

Also, know your history.

Aug 30 2018 , block reward below 2xmr..
Is this the best you can do, play stupid? Who is going to secure the blockchain, miners sure won't, block reward will be almost non existant (bitcoin block reward wont drop this low until year 2100) and they sure aren't getting any xmr via tx fees (look at the blockchain today, two years after launch -  no transactions, empty blocks).

Who is the greedy bastard that came up with the emission rate? )

[smooth]

In two years poof no more block reward

Incorrect.

You must be one of the three retards reward in Aug. 2018 1xmr..
You retards thought getting rid of the block reward fast is going to get you rich ? Nope, this shitcoin wont live to see 2018

Incorrect.

In Aug. 2018 reward per minute will be ~2 XMR.

Also, know your history.

Aug 30 2018 , block reward below 2xmr..
Is this the best you can do, play stupid? Who is going to secure the blockchain, miners sure won't, block reward will be almost non existant (bitcoin block reward wont drop this low until year 2100) and they sure aren't getting any xmr via tx fees (look at the blockchain today, two years after launch -  no transactions, empty blocks).

Who is the greedy bastard that came up with the emission rate? )

Bitcoin block reward is already 2.5 per minute, and will be 1.25 per minute soon. Keep trying.

[primer-]

In two years poof no more block reward

Incorrect.

You must be one of the three retards reward in Aug. 2018 1xmr..
You retards thought getting rid of the block reward fast is going to get you rich ? Nope, this shitcoin wont live to see 2018

Incorrect.

In Aug. 2018 reward per minute will be ~2 XMR.

Also, know your history.

Aug 30 2018 , block reward below 2xmr..
Is this the best you can do, play stupid? Who is going to secure the blockchain, miners sure won't, block reward will be almost non existant (bitcoin block reward wont drop this low until year 2100) and they sure aren't getting any xmr via tx fees (look at the blockchain today, two years after launch -  no transactions, empty blocks).

Who is the greedy bastard that came up with the emission rate? )

Bitcoin block reward is already 2.5 per minute, and will be 1.25 per minute soon. Keep trying.

wow what a retard.. im out..

[luigi1111]

In two years poof no more block reward

Incorrect.

You must be one of the three retards reward in Aug. 2018 1xmr..
You retards thought getting rid of the block reward fast is going to get you rich ? Nope, this shitcoin wont live to see 2018

Incorrect.

In Aug. 2018 reward per minute will be ~2 XMR.

Also, know your history.

Aug 30 2018 , block reward below 2xmr..
Is this the best you can do, play stupid? Who is going to secure the blockchain, miners sure won't, block reward will be almost non existant (bitcoin block reward wont drop this low until year 2100) and they sure aren't getting any xmr via tx fees (look at the blockchain today, two years after launch -  no transactions, empty blocks).

Who is the greedy bastard that came up with the emission rate? )

<2 XMR != "1xmr" sorry. Who's playing stupid? Maybe look in the mirror.

The history of things is quite public. It's quite hard to see it as a greedy choice in retrospect, looking at the (total lack of) pumps that have occurred.

Back to playing stupid: Bitcoin's block reward drops below 1 (0.78125) in ~2032, not 2100. For extra fun, note that Bitcoin has one block every 10 minutes, while Monero currently has one ever 1 minute. So in Aug. 2018, Monero will have ~20 XMR reward per 10 minutes, approximately the same as Bitcoin does *right now*.

Edit: or what smooth said. primer-, it's more fun to have arguments with someone who occasionally makes not-completely-absurd points. Try harder.

[primer-]

In two years poof no more block reward

Incorrect.

You must be one of the three retards reward in Aug. 2018 1xmr..
You retards thought getting rid of the block reward fast is going to get you rich ? Nope, this shitcoin wont live to see 2018

Incorrect.

In Aug. 2018 reward per minute will be ~2 XMR.

Also, know your history.

Aug 30 2018 , block reward below 2xmr..
Is this the best you can do, play stupid? Who is going to secure the blockchain, miners sure won't, block reward will be almost non existant (bitcoin block reward wont drop this low until year 2100) and they sure aren't getting any xmr via tx fees (look at the blockchain today, two years after launch -  no transactions, empty blocks).

Who is the greedy bastard that came up with the emission rate? )

<2 XMR != "1xmr" sorry. Who's playing stupid? Maybe look in the mirror.

The history of things is quite public. It's quite hard to see it as a greedy choice in retrospect, looking at the (total lack of) pumps that have occurred.

Back to playing stupid: Bitcoin's block reward drops below 1 (0.78125) in ~2032, not 2100. For extra fun, note that Bitcoin has one block every 10 minutes, while Monero currently has one ever 1 minute. So in Aug. 2018, Monero will have ~20 XMR reward per 10 minutes, approximately the same as Bitcoin does *right now*.

Edit: or what smooth said. primer-, it's more fun to have arguments with someone who occasionally makes not-completely-absurd points. Try harder.

another moron comparing bitcoin to xmr ) as if 0.78125btc is anywhere near 1xmr (or 100) Monero, a failed get-rich-quick scheme..

[Xtrata]

In two years poof no more block reward

Incorrect.

You must be one of the three retards reward in Aug. 2018 1xmr..
You retards thought getting rid of the block reward fast is going to get you rich ? Nope, this shitcoin wont live to see 2018

Incorrect.

In Aug. 2018 reward per minute will be ~2 XMR.

Also, know your history.

Aug 30 2018 , block reward below 2xmr..
Is this the best you can do, play stupid? Who is going to secure the blockchain, miners sure won't, block reward will be almost non existant (bitcoin block reward wont drop this low until year 2100) and they sure aren't getting any xmr via tx fees (look at the blockchain today, two years after launch -  no transactions, empty blocks).

Who is the greedy bastard that came up with the emission rate? )

<2 XMR != "1xmr" sorry. Who's playing stupid? Maybe look in the mirror.

The history of things is quite public. It's quite hard to see it as a greedy choice in retrospect, looking at the (total lack of) pumps that have occurred.

Back to playing stupid: Bitcoin's block reward drops below 1 (0.78125) in ~2032, not 2100. For extra fun, note that Bitcoin has one block every 10 minutes, while Monero currently has one ever 1 minute. So in Aug. 2018, Monero will have ~20 XMR reward per 10 minutes, approximately the same as Bitcoin does *right now*.

Edit: or what smooth said. primer-, it's more fun to have arguments with someone who occasionally makes not-completely-absurd points. Try harder.

another moron comparing bitcoin to xmr ) as if 0.78125btc is anywhere near 1xmr (or 100) Monero, a failed get-rich-quick scheme..

Lmao, because thats what we were talking about here? gtfo idiot

[smooth]

another moron comparing bitcoin to xmr

Yes exactly:

bitcoin block reward wont drop this low until year 2100

[saddambitcoin]

Monero never was a get rich quick scheme, I always felt the high emission was to stave off pumps and make it so that there is a long fair period of "early adopter advantage" - The result is that everyone coming along now can get Monero almost as cheaply as someone that found Monero in 2014.

[primer-]

Monero never was a get rich quick scheme, I always felt the high emission was to stave off pumps and make it so that there is a long fair period of "early adopter advantage" - The result is that everyone coming along now can get Monero almost as cheaply as someone that found Monero in 2014.

Sure, because its a failed experiment, 3-5months from now once ETH Ring signatures dapp is live it will be even cheaper

[saddambitcoin]

Doesn't seem failing to me, every day there are more people joining the community, new projects, future goals being met. But you can see it however you like.

In fiat terms it would seem Monero is steadily moving up. The bottom in late 2014 early 2015 was 25 cents. During the last decline, there was a sticky point between 0.45-50 cents. Now we seem to be reevaluating where the price will next sit.

[ArticMine]

https://medium.com/@elliotolds/lesser-known-reasons-to-keep-blocks-small-in-the-words-of-bitcoin-core-developers-44861968185e#.966rqftgw

#2 is why a tail emission accompanying an adaptive blocksize limit is of utmost importance.

The tail emission by itself is largely sufficient to address the core of the "fee pressure/market" issue, but the adaptive blocksize is also useful to balance between increasing demand and the resource requirements of a growing blockchain.

The above discussion regarding the XMR block reward shows why Monero's tail emission is so important. The critical value is 0.6 XMR which will be the tail emission after the current hard fork process is completed in the nest few months. The equivalent for 10 min blocks is 3.0 XMR. The real question to ask here is when will the Bitcoin inflation rate fall below that of Moenro? (Next emission changes are 12.5, XBT (about a year) 6.25 XBT (about 5 years) 3.125 XBT (about 9 years) 1.5625 XBT (about 13 years) Ouch! ...

This is why the tail emission addresses the "fee pressure/market" issue that is required to maintain security in Bitcoin. It also explains why so many of the Bitcoin core team are so concerned about increasing the blocksize. Thy fear quite rightly that without a way to force larger fees by keeping the blocksize small Bitcoin will become insecure.

Monero does not have this problem and can allow the blocksize to scale based on a fee market by using the Cryptonote penalty formula. My take is that this fee market will set the total fees collected per block based on the emission and the rate of change of the blocksize. This means that Monero does not need to compromise growth in order the have security.

The real value of Monero will become apparent with time, which is why Monero has attracted many that are in it for the medium to long term.

[hiddensphinx]

Low reward is good for controlling inflation

We don't wan't XMR to be a Zimbabwe currency

[americanpegasus]

In two years poof no more block reward

Incorrect.

You must be one of the three retards reward in Aug. 2018 1xmr..
You retards thought getting rid of the block reward fast is going to get you rich ? Nope, this shitcoin wont live to see 2018

Incorrect.

In Aug. 2018 reward per minute will be ~2 XMR.

Also, know your history.

Aug 30 2018 , block reward below 2xmr..
Is this the best you can do, play stupid? Who is going to secure the blockchain, miners sure won't, block reward will be almost non existant (bitcoin block reward wont drop this low until year 2100) and they sure aren't getting any xmr via tx fees (look at the blockchain today, two years after launch -  no transactions, empty blocks).

Who is the greedy bastard that came up with the emission rate? )

<2 XMR != "1xmr" sorry. Who's playing stupid? Maybe look in the mirror.

The history of things is quite public. It's quite hard to see it as a greedy choice in retrospect, looking at the (total lack of) pumps that have occurred.

Back to playing stupid: Bitcoin's block reward drops below 1 (0.78125) in ~2032, not 2100. For extra fun, note that Bitcoin has one block every 10 minutes, while Monero currently has one ever 1 minute. So in Aug. 2018, Monero will have ~20 XMR reward per 10 minutes, approximately the same as Bitcoin does *right now*.

Edit: or what smooth said. primer-, it's more fun to have arguments with someone who occasionally makes not-completely-absurd points. Try harder.

Hey can someone calculate when they will reach parity?  As in, the emission per 10 minutes will be the same?

[ArticMine]

...
Hey can someone calculate when they will reach parity?  As in, the emission per 10 minutes will be the same?

The number of interest is the ratio of the total coins in of the emission per effective 10 min block to the total coins in circulation. Also in the case of Monero one cannot calculate the emission exactly because the blocksize increase penalty slows down the emission before the tail emission is reached. Estimates are of course possible.

Edit: During a period of increasing blocksize, fluctuation is the blocksize could have a significant impact in curtailing the emission rate, thereby delaying the onset of the tail emission. This could happen during a period of rising prices if the experience of Bitcoin is any example. The market implication of this remains to be seen, suffice is to say that I would not like to get caught "short" Monero under a scenario of rising prices coupled with a restricted emission due to blocksize penalties.

[smooth]

Low reward is good for controlling inflation

We don't wan't XMR to be a Zimbabwe currency

The Monero tail reward will start at <1% inflation and slowly (over decades/centuries) decline. There will be no Zimbabwe scenario based on emission although there could be goods price hyperinflation due to the value dropping if the project fails for technological, social, and/or economic reasons.

[ArticMine]

...

The Monero tail reward will start at <1% inflation and slowly (over decades/centuries) decline. There will be no Zimbabwe scenario based on emission although there could be goods price hyperinflation due to the value dropping if the project fails or technological, social, and/or economic reasons.

Yes. There are a host of scenarios where Monero could fail causing its purchasing power to plummet a la Zimbabwe; however the tail emission is not one of them. 

[explorer]

...The result is that everyone coming along now can get Monero almost as cheaply as someone that found Monero in 2014.

Most likely cheaper, but hopefully not for too much longer 

[NASdaq]

https://news.bitcoin.com/meet-top-3-coins-cryptocurrency-anonymity-race/

TL:DR Dash, Monero, Zcash

Reads like an advertisement for Zcash, which isn't really surprising since I think I read Roger Ver is an investor.

Yes the bias is apparent. The article clearly avoided the biggest concerns about ZCash such as trusted setup parameters and developer mining share.

Lousy paid or agenda-driven "journalism" is expected in the crypto space but this is exceptionally unethical:

Disclaimer: Bitcoin.com is not affiliated with any of the above-mentioned businesses

and

The publication Wired details that investors such as Naval Ravikant and the Digital Currency Group’s Barry Silbert have invested over $700,000 USD into the startup.

Those investors include Naval Ravikant, an investor in Twitter and Uber, Barry Silbert, the founder of startup equity-trading platform SecondMarket, and Roger Ver, a staunch libertarian who’s invested in bitcoin startups Blockchain.info and Bitpay

Roger Ver is a self-serving used car salesman. For those in any doubt ....

https://www.youtube.com/watch?v=UP1YsMlrfF0

Transcript: I'm Roger Ver, long time Bitcoin advocate and investor.
Today I'm at the Mtgox world headquarters in Tokyo Japan.
I had a nice chat with MTGOX CEO, Mark Karpeles, about their current situation.
He showed me multiple bank statements, as well as letters from banks and lawyers.
I'm sure that all the current withdrawal problems at MTGOX are being caused by the traditional banking system, not because of a lack of liquidity at MTGOX.
The traditional banking partners that MTGOX needs to work with are not able to keep up with the demands of the growing Bitcoin economy.
The dozens of people that make up the MTGOX team are hard at work establishing additional banking partners, that eventually will make dealing with MTGOX easier for all their customers around the world.  For now,  I hope that everyone will continue working on Bitcoin projects that will help make the world a better place.

His involvement with Zcash is a huge red flag for the ethics of the project

[ArticMine]

...

Roger Ver is a self-serving used car salesman. For those in any doubt ....

https://www.youtube.com/watch?v=UP1YsMlrfF0

Transcript: I'm Roger Ver, long time Bitcoin advocate and investor.
Today I'm at the Mtgox world headquarters in Tokyo Japan.
I had a nice chat with MTGOX CEO, Mark Karpeles, about their current situation.
He showed me multiple bank statements, as well as letters from banks and lawyers.
I'm sure that all the current withdrawal problems at MTGOX are being caused by the traditional banking system, not because of a lack of liquidity at MTGOX.
The traditional banking partners that MTGOX needs to work with are not able to keep up with the demands of the growing Bitcoin economy.
The dozens of people that make up the MTGOX team are hard at work establishing additional banking partners, that eventually will make dealing with MTGOX easier for all their customers around the world.  For now,  I hope that everyone will continue working on Bitcoin projects that will help make the world a better place.

His involvement with Zcash is a huge red flag for the ethics of the project

In fairness to Roger Ver my take is that he was duped. If one wants to scam a community with a strong Libertarian and Austrian Economics / Hard Money constituency I can see why making the US Government and the traditional banks the fall guys would make a lot of sense. Mark Karpeles played this game very well and fooled a lot of people out of their money.

Edit 1: As for Z.cash the biggest issue I see is not Roger Ver as a person but rather their using a portion of the emission to repay their investors, which could easily make Z.cash a centralized virtual currency under FinCEN regulations and the Zcash Electric Coin Company an MSB. Of course the guidance was published close to three years ago https://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html but I am sure one can make the US Government the fall guy again when things go wrong. This did after all work for a while for Mark Karpeles.

Edit 2: Roger Ver went to great lengths to renounce his US citizenship so I would not be surprised if the Mark Karpeles spent a lot of time explaining to him how the "evil" US Government was behind the actions of the traditional banks.

[TrueCryptonaire]

In two years poof no more block reward

Incorrect.

You must be one of the three retards reward in Aug. 2018 1xmr..
You retards thought getting rid of the block reward fast is going to get you rich ? Nope, this shitcoin wont live to see 2018

You can borrow Moneros from me for shorting purposes. I am willing to lend coins up to 60+ days and renew them if needed against a sufficient collateral.