[XMR] Monero Speculation

[25hashcoin]

Soon monero will be #3 after bitcoin and litecoin (excluding premined and ipo coins of course). Exciting times!

[Bassica]

Next up: 0.01.

[Its About Sharing]

Next up: 0.01.

You beat me to it! Honestly, that seems to be an important level and once we cross it, the big holders will do everything in their power to keep it above that.
Not to mention just organic growth and a greatly reducing emission curve.

[Melbustus]

Next up: 0.01.

You beat me to it! Honestly, that seems to be an important level and once we cross it, the big holders will do everything in their power to keep it above that.
Not to mention just organic growth and a greatly reducing emission curve.

As I've noted a bunch, I think Monero's realistic "moon" target in the medium-term is Litecoin's market-cap. I think getting beyond that will require the existence of a robust Monero transactional economy, which will take time (if it ever happens).

But Litecoin sticking it out at ~$150m shows that a low nine-figure market-cap can indeed be sustained on hopes and dreams with no real economy behind it. And in Litecoin's case, on "me too" tech that offers nothing to the ecosystem....though I think - finally, mercifully - LTC's days as a top-5 (top-10?) coin are coming to an end.

[BitcoinNewsMagazine]

Need a Gui wallet

Is the Light wallet safe, because i don´t trust MyMonero?

Thx

I have had no problems with LightWallet2 make sure to save your 25 word seed when you setup.

[pippo]

Need a Gui wallet

Is the Light wallet safe, because i don´t trust MyMonero?

Thx

I have had no problems with LightWallet2 make sure to save your 25 word seed when you setup.

Light wallet is running, but i can´t find the payment id to receive any xmr?  Where can i find the id?

Thx

[jwinterm]

Need a Gui wallet

Is the Light wallet safe, because i don´t trust MyMonero?

Thx

I have had no problems with LightWallet2 make sure to save your 25 word seed when you setup.

Light wallet is running, but i can´t find the payment id to receive any xmr?  Where can i find the id?

Thx

Nice to hear, BitcoinNewsMagazine. pippo, you don't need a payment ID to receive funds, you usually only use one of you're sending coins to an exchange or payment processor.

[smooth]

Next up: 0.01.

You beat me to it! Honestly, that seems to be an important level and once we cross it, the big holders will do everything in their power to keep it above that.
Not to mention just organic growth and a greatly reducing emission curve.

As I've noted a bunch, I think Monero's realistic "moon" target in the medium-term is Litecoin's market-cap. I think getting beyond that will require the existence of a robust Monero transactional economy, which will take time (if it ever happens).

But Litecoin sticking it out at ~$150m shows that a low nine-figure market-cap can indeed be sustained on hopes and dreams with no real economy behind it. And in Litecoin's case, on "me too" tech that offers nothing to the ecosystem....though I think - finally, mercifully - LTC's days as a top-5 (top-10?) coin are coming to an end.

Good analysis.

On the other hand, Ethereum is all hopes and dreams too at this point. Just more of them.

[pippo]

Need a Gui wallet

Is the Light wallet safe, because i don´t trust MyMonero?

Thx

I have had no problems with LightWallet2 make sure to save your 25 word seed when you setup.

Light wallet is running, but i can´t find the payment id to receive any xmr?  Where can i find the id?

Thx

Nice to hear, BitcoinNewsMagazine. pippo, you don't need a payment ID to receive funds, you usually only use one of you're sending coins to an exchange or payment processor.

thx for the answer ;-)

[rangedriver]

[bitjedi]

Guess I can finally post this now. Monero daemon running on Azure.  Depending on the resource container used it will spin up a virgin unsynchronized node in 5-10 minutes.  It obviously takes much longer to sync the entire chain beyond that.  I'm testing using this method to send transactions via simplewallet and a trezor if I'm remote but still want some privacy of at least knowing it's a node I control.  I think we might need to change the current deployment directory to /usr/local/bin from /tmp for longer stability while sacrificing some forced security measures.  Azure as far as my testing goes, deletes /tmp on stop/start and doesn't have a pause/resume like Amazon as far as I can tell.  Would be cool to throw simplewallet on a tailsOS USB and link to my remote node and use my trezor to send coins when needed.

[explorer]

...
But Litecoin sticking it out at ~$150m shows that a low nine-figure market-cap can indeed be sustained on hopes and dreams with no real economy behind it. And in Litecoin's case, on "me too" tech that offers nothing to the ecosystem....though I think - finally, mercifully - LTC's days as a top-5 (top-10?) coin are coming to an end.

Good analysis.

On the other hand, Ethereum is all hopes and dreams too at this point. Just more of them.

I question how long ether can be sustained, without a bottle.  Does it not tend to sink and dissipate?

[smoothie]

All aboard!  

Evan's new face is awesome! lol you have to look good for it. 

[smoothie]

Monero this morning.  A first person perspective:  
  

I don't think we are even above the clouds my friend.

[Dotto]

Say good bye to 3XX

I've heard this too many times in the past and everytime it was said we revisted that level.

Say hello to 3XX (nice to reload the boat!!) 

[Dotto]

All aboard!  

Such a cool photo!. I was so high on mooneros that night that almost dnt remember it  

[explorer]

XMR loan offered at 0.0051%.  Clearly somebody doesn't understand.  I get more than that on my bank account LOL

[TheKoziTwo]

It seems like the same user who just the other day made a reddit post titled "I get margin called at 254K...someone help now!" switched to a short and ended up getting margin called now during todays rally, losing 140 BTC.

From Trollbox:
Pepperpig: I was short XMR and lost 140 BTC on it
Pepperpig: I made 220 btc on ETH, and 140 btc loss on XMR
Pepperpig: I probaly caused the XMR moon

I think it's the same guy because he also wrote this

Of course there's no way to know if there is any truth to this, he could be just bluffing. But it sounds plausible to me. Easy come easy go.

[Monerobuyer0]

It seems like the same user who just the other day made a reddit post titled "I get margin called at 254K...someone help now!" switched to a short and ended up getting margin called now during todays rally, losing 140 BTC.

From Trollbox:
Pepperpig: I was short XMR and lost 140 BTC on it
Pepperpig: I made 220 btc on ETH, and 140 btc loss on XMR
Pepperpig: I probaly caused the XMR moon

I think it's the same guy because he also wrote this

Of course there's no way to know if there is any truth to this, he could be just bluffing. But it sounds plausible to me. Easy come easy go.

I dont think they are the same person.  The guy posting about getting margin called at 254k was long, this guy was short.  The long guy got lucky, this short guy got burned.

(I think his post on polo of getting margin called at 254k was making fun of the other guy's post.  But I could be wrong.  Its possible that its all one guy, and he was just trolling everyone with the 254k margin call thing and he was never long).

[TheKoziTwo]

It seems like the same user who just the other day made a reddit post titled "I get margin called at 254K...someone help now!" switched to a short and ended up getting margin called now during todays rally, losing 140 BTC.

From Trollbox:
Pepperpig: I was short XMR and lost 140 BTC on it
Pepperpig: I made 220 btc on ETH, and 140 btc loss on XMR
Pepperpig: I probaly caused the XMR moon

I think it's the same guy because he also wrote this

Of course there's no way to know if there is any truth to this, he could be just bluffing. But it sounds plausible to me. Easy come easy go.

I dont think they are the same person.  The guy posting about getting margin called at 254k was long, this guy was short.  The long guy got lucky, this short guy got burned.

(I think his post on polo of getting margin called at 254k was making fun of the other guy's post.  But I could be wrong.  Its possible he was just trolling everyone with the 254k margin call thing and he was never long).

Could be yeah. My guess is that he closed the long once it reached ~320k and then opened a short, which ended up getting margin called. His chat pattern also reflect this position, during his long he talks up monero, after (presumable with a short open) he trash talks it.