[XMR] Monero Speculation

[kurious]

Champagne and popcorn time...

Where is the top...?!   Seems we're taking a breather after pipping over .0065, but is there more to come?  Can't stop watching - just watching Polo troll box is delightful.

I guess we are too classy to be posting train pics, or 'boom' gifs?

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[nioc]

Champagne and popcorn time...

Where is the top...?!   Seems we're taking a breather after pipping over .0065, but is there more to come?  Can't stop watching - just watching Polo troll box is delightful.

I guess we are too classy to be posting train pics, or 'boom' gifs?

I'm not sure but I think that train pics and such are not allowed

Top?  We are presently at 0.65% of btc.  Paltry.

Number of Monero I have sold during this rise = 0

Edit:  I did buy a relatively small amount @420

[canth]

0.007!

I sold 10% - couldn't help it. Still holding on to 90% for the long term.

[Drhiggins]

Well all this good news in market adoption and recent price rise makes me feel even better about buying XMR last year with fiat money when it was sitting between .20¢ - .35¢    

Mining has been fruitful for for me too.  Feeling good.  

I have been involved with the coin and the community since 2014 as an enthusiast and supporter.  The coin development has come along way since then plus good people supporting this community.  Very good third party projects and developments have come to be reality and lots of great work by the devs.  Lots of people here have been quick to donate to bounties too and I'm glad I've been able to contribute some myself.

Can't wait to see where Monero is in 2 more years.  Enjoying the ride.

[rpietila]

Meanwhile, here comes 0.005btc, about to be tested....gonna be fun when the US wakes up and sees this.

Some serious FOMO.

Hi nice to see you here !

Hi Risto
kuidas sul läheb?
Ja kuidas on maja....

kõik mu monero-d on kadunud aga maja on korras 

[aerbax]

...
kõik mu monero-d on kadunud aga maja on korras 

Translation: All my monero 's are gone but the house is in order
----

What happened?

[Blazin8888]

THIS IS RECORD BREAKING MOVEMENT - ETH ALL OVER AGAIN CONFIRMED - GET IN NOW IF YOU MISSED ETH RISE.

[primer-]

What the.....

10 days ago i left for Mykonos and shut down all my gear. My flight is in the morning so I had a reason to turn laptop on...

.008 ? ALL TIME HIGH ? I remember when bakaboy & pttx paid mintpal admin 200btc to add XMR - it was .008 for a short while...
I am pretty sure .01 will be the new low in the weeks to come...

[Globb0]

Watching our for a correction worth riding. Meanwhile in good order, finaly not underwater from the old days.

Thanks everyone.

[arielbit]

XMR sold out! there is nothing to speculate on  LOL

[Globb0]

Some people will tak profits presumably

[papa_lazzarou]

This. Is. Insane. 

[megadeth]

Risto will soon start the 2nd XMR castle.

[aerbax]

Risto will soon start the 2nd XMR castle.

Well, excepting that he just said he doesn't own any Monero anymore...

[kurious]

Champagne and popcorn time...

Where is the top...?!   Seems we're taking a breather after pipping over .0065, but is there more to come?  Can't stop watching - just watching Polo troll box is delightful.

I guess we are too classy to be posting train pics, or 'boom' gifs?

I'm not sure but I think that train pics and such are not allowed

Top?  We are presently at 0.65% of btc.  Paltry.

Number of Monero I have sold during this rise = 0

Edit:  I did buy a relatively small amount @420

Well now we have hit 0.0075 I wish I could say the same, as I have sold more than I wish I had (with hindsight).

I set up ladders of sells and buys as I have done since it first opened on Polo and I have stuck to prioritising accumulation while passively range trading constantly to average down my price per coin overall.  I wanted to maintain a 0.1% of supply holding, but tonight with it smashing many of my upper rungs so fast, I am below target by an amount I will struggle to claw back.  Of course I can't complain, although I just wish I could get BTC out of Polo quicker than the minimum limits allow.

It's been a fantastic 24 hours for those of us in in for the long term though....

And shame about the trains, we're a stuffy lot sometimes, a little exuberance is occasionally warranted IMHO.

[Dotto]

Nearly all the moneros are in shorts. The amount of remaining fuel is astounding

[Arrakeen]

Where is this going to go? Is there a target? Or is everyone just cashing in and partying?

I've been out of the loop with monero - any gui in the works?

[kurious]

10k volume!!

IMAGE

24hr Volume: 10008.13360079 BTC / 1918420.59736845 XMR

Impressive indeed.
Let's keep it like this.
ATH will be a psychological barrier which is interesting to see if it can be supported for ever. Then the price can rise pretty fast and things escalate.

I personally do not think what you are calling the ATH is really relevant.  I mean.. it will have a psychological impact, partly becvause it was ~0.01 right?  But I doubt there are more than a handful of people who bought coins at that level, and the few who did are most likely not going to unload giant tons of coins.  There was about 3kBTC in volume at that time.  We will have easily quadrupled that volume just on today...  one day...  easily 15x the average daily volume during that peak.

The real technical ATH is was really 0.0043  and if we can go a day or so up around this level I'd say we've crushed that to bits.

The fundamentals here are going to warp the technicals all to hell.  "ATH" is trivial.

The fact of the matter is:

1.  Monero is finally venturing out into actual use.
2.  Many many people who have never heard of it are hearing of it right now.

What we have to worry about is not ~.01. It is the reception of the technology as it stands in the wild.  If all the work done over the last couple years makes cryptonote a usable and stable platform which can begin to scale then we are in for a wild ride, and there's a little chance that even some of us small guppies stand to find wealth.  (If only I still held any Monero!!! glub glub)

On the other hand if the platform is too hard for the merchants and users to use, or if it breaks - Then we probably will not get another chance like this.

Vectors to consider:

1.  Blockchain scalability. 
Will the size of the blockchain become an issue?  Do we have sufficient strategies to deal with exponential growth?

2.  A single web wallet.
Most users will use mymonero.com if they do not use an exchange.  Is it robust and stable enough to handle this much more action?

3.  The usual suspects.
Thefts, NSA, Hacks, shady exchanges, etc.  These won't kill us if they happen down the road, but I believe we are vulnerable right now.

As a community member the best we can do now is to perform grassroots PR.  Hold hands with new users.  Help people set up mymonero accounts.  Let people know how to navigate the exchanges. Help them understand how to use simplewallet.  Do not expect them to have the values and skills present in most of the early adopters.  Many may not care about what OS or even the details of privacy.  Welcome them and give them what they need.  Be honest above all.  Warn people that leaving monero on an exchange is as risky as it ever has been.  Don't pretend there are not risks associated with a fledgling cryptocurrency in a post BTC worls.

Do worry so much about your bag Truecryptonaire.  Price is just one part of what were are seeing.  The really fun part, for sure... but on it's own?  Just a play.  A pump and dump.

Monero is the real thing IMHO. 

Well said, Sir.

[kurious]

Where is this going to go? Is there a target? Or is everyone just cashing in and partying?

I've been out of the loop with monero - any gui in the works?

Surely you know the answer by now...

Soon™

(actually it is imminent, and in final stages - someone will tell you how close we are who knows better than I do, I am sure)

[smooth]

Where is this going to go? Is there a target? Or is everyone just cashing in and partying?

I've been out of the loop with monero - any gui in the works?

Information, screen shots, and build instructions here: https://www.reddit.com/r/Monero/comments/4z1hmk/monero_core_gui/