[XMR] Monero Speculation

[primer-]

Now mining only 13 blocks on average per day, with the new diff increase i'll be lucky if i do 10...

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[Anon136]

Now mining only 13 blocks on average per day, with the new diff increase i'll be lucky if i do 10...

What kinda hardware do you do that with? I have a gtx 980. I wonder if I could ever get any blocks with that.

[americanpegasus]

Now mining only 13 blocks on average per day, with the new diff increase i'll be lucky if i do 10...

What kinda hardware do you do that with? I have a gtx 980. I wonder if I could ever get any blocks with that.

I remember in 2011 when I could have mined Bitcoins but would 'only' get one or two a week.  They were only worth a few dollars each so it really wasn't worth my time.  

[primer-]

Now mining only 13 blocks on average per day, with the new diff increase i'll be lucky if i do 10...

What kinda hardware do you do that with? I have a gtx 980. I wonder if I could ever get any blocks with that.

A 1m usd company server cluster. You will need at least 500 gtx 980 cards to hash at 410KH/s. Mining monero would not be profitable even if the price went up x10.

[explorer]

I hope someday http://www.triumphmotorcycles.co.uk/ and http://www.porsche.com/ accept Monero

Several car dealerships were convinced to accept BTC in the 2013 rise, so it shouldn't be too hard to dangle the carrot of Monero if it's recognition continues to increase. 

[Anon136]

Now mining only 13 blocks on average per day, with the new diff increase i'll be lucky if i do 10...

What kinda hardware do you do that with? I have a gtx 980. I wonder if I could ever get any blocks with that.

A 1m usd company server cluster. You will need at least 500 gtx 980 cards to hash at 410KH/s. Mining monero would not be profitable even if the price went up x10.

Thanks!

Dont happen to have any 1m usd server clusters lying around by any chance do you? Ill take one if you have an extra.

[LiskKing]

price move up now !  20k satoshi fast coin

[rpietila]

price move up now !  20k satoshi fast coin

I mentioned in the trollbox that it's possibly going to 0.00786 before hitting resistance and crashing again. The top should be reached within 24 hours, and the subsequent crash go perhaps to 0.0055-0.006 area.

[nioc]

Well, a pattern of higher lows begins on the 5 minute chart.  Then it becomes apparent on the 15 minute chart.  Later, the 30 minute chart.  Time will tell us.  But only after it is too late to act.  

Right now, I am all-in.  If I get a better price, I may do a coinbase instant buy and fill wallets for friends and family, after about a 15 minute lag.  But I won't buy any more for myself in any case.  I own enough.  I am holding some for third parties, which I may be obligated to sell at some point between $10 and $25, but otherwise I'm hodling like Holdor for the foreseeable future, and it just isn't going to matter to me what the price is.  So expect to see much less of me in this thread.

Dude at work just asked me to buy him some.  He'll pay me on Monday but wants the current price.  I'm so nice that way.  He doesn't care if it goes to zero, but he will probably sell half when it doubles.  Just guessing here.  If that is a typical pattern, I expect there will be some resistance around 014

IMO (as if it matters) very well done.  Thank you for your posts of the last 2+ years.

Also thanks to the many that have contributed greatly to Monero from the beginning and have helped make it what it is now and is becoming.  Great vision and perspective.  I followed someone here very early on and I was clueless.  Little by little with the help of the community the fog was lifted.  I ofc am including the devs.  Ofc nothing is certain even though to me it feels that way and has for quite a while, even through the seemingly dark times.

As far as speculation; I don't think it will go near the low (420) that others have said the last day or 2.  Ever the optimist.  Welcome to the new shit.

Here is wisdom:-

Don't let the past govern your sense of market potential. You all know the reasons why you got into XMR, so don't be surprised when the inevitable starts to materialize. Don't let the inertia of the past 18 months govern your strategy in dealing with the next 3 months. The times have changed, and as volume continues to increase, the days of 200% oscillations are over.

From here, we only go up, with meaningless retraction. That's the nature of XMR fundamental confidence, which is exactly the reason you bought in.

Welcome to the new shit. Embrace it like you knew about it from day one.

Go forth, multiply, and enjoy.

[dEBRUYNE]

For anyone interested, that 35k sellwall is borrowed XMR that was put up into the asks. See:

http://monerodice.pd.to/polo_snapshot_compare.php?id=408570&id2=408572

[Febo]

Now mining only 13 blocks on average per day, with the new diff increase i'll be lucky if i do 10...

What kinda hardware do you do that with? I have a gtx 980. I wonder if I could ever get any blocks with that.

A 1m usd company server cluster. You will need at least 500 gtx 980 cards to hash at 410KH/s. Mining monero would not be profitable even if the price went up x10.

Thanks!

Dont happen to have any 1m usd server clusters lying around by any chance do you? Ill take one if you have an extra.

He is ofcourse lying about his mining and of how profitable mining is.  Mining was very profitable when price was halved. Now is super profitable. But for sure miners will join with time.

[GreekBitcoin]

What will happen for XMR price if ROGER Ver make 25% all his BTC into XMR?

He can make 1000 BTC buy wall on POLO - he is capable i think no?

I recommend against whale worship.  Glad to have him; he's very welcome.  Let's please leave him be.  You pester, you get swatted.

This! wtf? Actually we should congratulate him for finding the right coin to invest...

[smoothie]

www.coingecko.com

This is a good sign...

[aerbax]

What I find remarkable is that we're still handling 12k+ in volume on Poloniex.  More than any other coin. 

And I suspect that this might increase as we come to (and pass) Sept 1st.

We might be going to Plaid

[LiskKing]

We should make XMR party somewhere if it goes to $50.



Some options:

1. St Kitts Island

2. Ibiza

3. Amsterdam

4. Buy our own XMR island - teach esperanto to peoples - make for big XMR party with biggest stars in Music, - we can hire them - Bono  - Wiz Khalifa - Dr Dre  ....XMR will get nice press for this as well


Also pick one small poor village and make people life better!

[smoothie]

What I find remarkable is that we're still handling 12k+ in volume on Poloniex.  More than any other coin. 

And I suspect that this might increase as we come to (and pass) Sept 1st.

We might be going to Plaid

[smoothie]

We should make XMR party somewhere if it goes to $50.



Some options:

1. St Kitts Island

2. Ibiza

3. Amsterdam

4. Buy our own XMR island - teach esperanto to peoples - make for big XMR party with biggest stars in Music, - we can hire them - Bono  - Wiz Khalifa - Dr Dre  ....XMR will get nice press for this as well


Also pick one small poor village and make people life better!

One step at a time. Let's get back to $5 first before we plan for $50 parties.  

[Hueristic]

And how will he manage that? ETC is a transparent chain.

In ETC universe, he owns the coins free and clear.

I agree, but do the exchanges, that is the question.

Now mining only 13 blocks on average per day, with the new diff increase i'll be lucky if i do 10...

What kinda hardware do you do that with? I have a gtx 980. I wonder if I could ever get any blocks with that.

This is his hardware.

[mastertrader777]

Now mining only 13 blocks on average per day, with the new diff increase i'll be lucky if i do 10...

Wow- Link to this pool?

Thanks!

[Anon136]

Now mining only 13 blocks on average per day, with the new diff increase i'll be lucky if i do 10...

What kinda hardware do you do that with? I have a gtx 980. I wonder if I could ever get any blocks with that.

A 1m usd company server cluster. You will need at least 500 gtx 980 cards to hash at 410KH/s. Mining monero would not be profitable even if the price went up x10.

Thanks!

Dont happen to have any 1m usd server clusters lying around by any chance do you? Ill take one if you have an extra.

He is ofcourse lying about his mining and of how profitable mining is.  Mining was very profitable when price was halved. Now is super profitable. But for sure miners will join with time.

Anyone have any idea how much kh/s I might get out of a gtx 980?