[XMR] Monero Speculation

[sandiman]

What do you guys think BTC will pop at? I'm thinking if this isn't close then it may peak 850 but I don't think it's going much higher. But I really have no clue on btc movements. I'm going to cash out and wait for it to drop to rebuy, I figure about a month but who knows?

1 month bump.

I personnaly bought more at the triangle breakout at around 4400CNY, and this break out is being confirmed by a bull flag since last pump ...

PS: the latter doesn't mean moon, but a good opportunity to increase our bitcoin or in your case maybe monero holdings.

[1714159589]

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[primer-]

Monero is so unprofitable to mine for the average Joe that I believe 90% are botnets.. Sad...

[Globb0]

Your botnets ruined mining? is that the complaint?

[dEBRUYNE]

"How to use Monero to anonymize Bitcoin"

https://bitcoinnewsmagazine.com/how-to-use-monero-to-anonymize-bitcoin

[Febo]

Monero is so unprofitable to mine for the average Joe that I believe 90% are botnets.. Sad...

It seems you are wrong and is quite profitable to mine.

There are a lot of different measures of value for a coin like XMR. There is the current value in btc on exchanges, there is the hopium value, supported by assorted conjectures and beliefs wrt the relationship between features (like a new GUI) and price, there is the ideological view of value, usually supported by assertions and beliefs wrt features a coin provides (like anonymity) and their perceived effect on future adoption and then there is the real value, which is somewhere just above the cost of producing a coin.

I mine, but not monero. I asked because I was curious how closely the exchange value in btc approaches the cost of mining at this time.

well, the most efficient way to mine is probably the 750 ti.

At current network difficulty, thats 0.09 xmr / day.

The card pulls ~33 watts.

At a rate of 12 cents / kWh, thats $0.09504 per day.

so if any of the math works, thats roughly 95 cents per xmr. So right now its very profitable to mine, if hardware is all paid for.

[primer-]

Monero is so unprofitable to mine for the average Joe that I believe 90% are botnets.. Sad...

It seems you are wrong and is quite profitable to mine.

There are a lot of different measures of value for a coin like XMR. There is the current value in btc on exchanges, there is the hopium value, supported by assorted conjectures and beliefs wrt the relationship between features (like a new GUI) and price, there is the ideological view of value, usually supported by assertions and beliefs wrt features a coin provides (like anonymity) and their perceived effect on future adoption and then there is the real value, which is somewhere just above the cost of producing a coin.

I mine, but not monero. I asked because I was curious how closely the exchange value in btc approaches the cost of mining at this time.

well, the most efficient way to mine is probably the 750 ti.

At current network difficulty, thats 0.09 xmr / day.

The card pulls ~33 watts.

At a rate of 12 cents / kWh, thats $0.09504 per day.

so if any of the math works, thats roughly 95 cents per xmr. So right now its very profitable to mine, if hardware is all paid for.

$0.095 per day on a single card, so a 100 card farm would make $9/day Just go outside and sell lemonade, you'll make more.

Monero is run by botnets, period. I can account for 11MH/s (almost 50% of total net hash)  spread across 17 wallets of pure botnet power (got proof, willing to share for 1btc escrow).

[noobtrader]

Monero is so unprofitable to mine for the average Joe that I believe 90% are botnets.. Sad...

It seems you are wrong and is quite profitable to mine.

There are a lot of different measures of value for a coin like XMR. There is the current value in btc on exchanges, there is the hopium value, supported by assorted conjectures and beliefs wrt the relationship between features (like a new GUI) and price, there is the ideological view of value, usually supported by assertions and beliefs wrt features a coin provides (like anonymity) and their perceived effect on future adoption and then there is the real value, which is somewhere just above the cost of producing a coin.

I mine, but not monero. I asked because I was curious how closely the exchange value in btc approaches the cost of mining at this time.

well, the most efficient way to mine is probably the 750 ti.

At current network difficulty, thats 0.09 xmr / day.

The card pulls ~33 watts.

At a rate of 12 cents / kWh, thats $0.09504 per day.

so if any of the math works, thats roughly 95 cents per xmr. So right now its very profitable to mine, if hardware is all paid for.

$0.095 per day on a single card, so a 100 card farm would make $9/day Just go outside and sell lemonade, you'll make more.

Monero is run by botnets, period. I can account for 11MH/s (almost 50% of total net hash)  spread across 17 wallets of pure botnet power (got proof, willing to share for 1btc escrow).

stop making accusation already, we all know that all monero miner are honest law abiding citizen and they also has alot of clue how to mine monero with utmost efficiency and prifitabitily. 

if still accusing like that, what else will u say, that monero ppl make botnet then   pls stop this nonsensical accusation !!!   monero is highly profitable and there is no botnet mining monero, its all legit miner with awesome expertise in mining technology. 

[Hueristic]

What do you guys think BTC will pop at? I'm thinking if this isn't close then it may peak 850 but I don't think it's going much higher. But I really have no clue on btc movements. I'm going to cash out and wait for it to drop to rebuy, I figure about a month but who knows?

1 month bump.

I personnaly bought more at the triangle breakout at around 4400CNY, and this break out is being confirmed by a bull flag since last pump ...

PS: the latter doesn't mean moon, but a good opportunity to increase our bitcoin or in your case maybe monero holdings.

This was right before the DAO/Eth fail so that was not factored in, within the next month and a half or so I think will be time to get back in. Damn Eth fail spread alot of capitol around. I wish it had happened a few days earlier.

[sandiman]

What do you guys think BTC will pop at? I'm thinking if this isn't close then it may peak 850 but I don't think it's going much higher. But I really have no clue on btc movements. I'm going to cash out and wait for it to drop to rebuy, I figure about a month but who knows?

1 month bump.

I personnaly bought more at the triangle breakout at around 4400CNY, and this break out is being confirmed by a bull flag since last pump ...

PS: the latter doesn't mean moon, but a good opportunity to increase our bitcoin or in your case maybe monero holdings.

This was right before the DAO/Eth fail so that was not factored in, within the next month and a half or so I think will be time to get back in. Damn Eth fail spread alot of capitol around. I wish it had happened a few days earlier.

DAO fail is not over 

[primer-]

Smart money moving out of XMR into ETH...
Ring signatures smart contract by Vitalik Buterin - coming to your fav. blockchain soon 

[GingerAle]

Smart money moving out of XMR into ETH...
Ring signatures smart contract by Vitalik Buterin - coming to your fav. blockchain soon 

But what happens if Vitalik doesn't like what I do with my coins?

[noobtrader]

Smart money moving out of XMR into ETH...
Ring signatures smart contract by Vitalik Buterin - coming to your fav. blockchain soon  

But what happens if Vitalik doesn't like what I do with my coins?

let me guess... he can do community takeover  LOOOLLL  

Smart money moving out of XMR into ETH...
Ring signatures smart contract by Vitalik Buterin - coming to your fav. blockchain soon 

that is not true, real smart money from xmr are moving into steem.  thats the fact, cold hard fact, that no one can deny 

[sandiman]

Smart money moving out of XMR into ETH...
Ring signatures smart contract by Vitalik Buterin - coming to your fav. blockchain soon  

But what happens if Vitalik doesn't like what I do with my coins?

let me guess... he can do community takeover  LOOOLLL  

Smart money moving out of XMR into ETH...
Ring signatures smart contract by Vitalik Buterin - coming to your fav. blockchain soon 

that is not true, real smart money from xmr are moving into steem.  thats the fact, cold hard fact, that no one can deny 

Real smart money moved on steem ponzy scheme way back the pump, only the dumbest money bought at the top or at poloniex adding, we all know what happens to everyshit coin that get's added to poloniex

[noobtrader]

Smart money moving out of XMR into ETH...
Ring signatures smart contract by Vitalik Buterin - coming to your fav. blockchain soon  

But what happens if Vitalik doesn't like what I do with my coins?

let me guess... he can do community takeover  LOOOLLL  

Smart money moving out of XMR into ETH...
Ring signatures smart contract by Vitalik Buterin - coming to your fav. blockchain soon 

that is not true, real smart money from xmr are moving into steem.  thats the fact, cold hard fact, that no one can deny 

Real smart money moved on steem ponzy scheme way back the pump, only the dumbest money bought at the top or at poloniex adding, we all know what happens to everyshit coin that get's added to poloniex

i guess you were right, those who stay holding xmr are not really smart indeed...  LOLLL 

ps: your word not mine

[thelibertycap]

such quality posts! wow! have the price declined so much already or what is happening?

[DaveyJones]

such quality posts! wow! have the price declined so much already or what is happening?

just our usual trolls primer and noobtrader

[sandiman]

Smart money moving out of XMR into ETH...
Ring signatures smart contract by Vitalik Buterin - coming to your fav. blockchain soon  

But what happens if Vitalik doesn't like what I do with my coins?

let me guess... he can do community takeover  LOOOLLL  

Smart money moving out of XMR into ETH...
Ring signatures smart contract by Vitalik Buterin - coming to your fav. blockchain soon  

that is not true, real smart money from xmr are moving into steem.  thats the fact, cold hard fact, that no one can deny  

Real smart money moved on steem ponzy scheme way back the pump, only the dumbest money bought at the top or at poloniex adding, we all know what happens to everyshit coin that get's added to poloniex

i guess you were right, those who stay holding xmr are not really smart indeed...  LOLLL  

ps: your word not mine

who said smart money was in xmr ?

you live in a very small world, and xmr is not in the middle of smart money world

[Dotto]

I must confess that I use to like the primer trolling. Somehow is a troll with style, if it´s even possible.

Noobtrader is just obvious, pathetic, in your face gross noise, Im ignoring him just two or three posts away 

[smoothie]

this "drop" is on very very low volume.

[Hueristic]

....

DAO fail is not over 

Another day in crypto land!

this "drop" is on very very low volume.

Gonna be quite for a little while me thinks.