[XMR] Monero Speculation

[coinism]

but he's right in a way. long term he said, but didn't specify how long. I'm sure everybody here agrees Monero will be obsolete within 100 years and go to 0.00

Hardly.
I don't agree with you.
Why should it be so?

hardly any currency in history does. Not many currencies last longer than 100 + years

You are making the mistake of comparing Monero to currencies that have central authority. The currencies die because of hyperinflation when the central authority starts to print money big time at some point.
Monero will never have hyperinflation. It is the ultimate save haven just like gold but in digital form, therefore the storing costs are lower and it is more convenient than any physical product (it is easier to carry a trezor full of Moneros than bricks of gold).

i was comparing xmr to currencies in general.
cc's are a completely new thing, in many ways unpredictable. i would speculate however that there will be other better faster stronger currencies.

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[dEBRUYNE]

That wall is a rather large short, see:

http://monerodice.pd.to/polo_snapshot_compare.php?id=435930&id2=435932

[TrueCryptonaire]

but he's right in a way. long term he said, but didn't specify how long. I'm sure everybody here agrees Monero will be obsolete within 100 years and go to 0.00

Hardly.
I don't agree with you.
Why should it be so?

hardly any currency in history does. Not many currencies last longer than 100 + years

You are making the mistake of comparing Monero to currencies that have central authority. The currencies die because of hyperinflation when the central authority starts to print money big time at some point.
Monero will never have hyperinflation. It is the ultimate save haven just like gold but in digital form, therefore the storing costs are lower and it is more convenient than any physical product (it is easier to carry a trezor full of Moneros than bricks of gold).

i was comparing xmr to currencies in general.
cc's are a completely new thing, in many ways unpredictable. i would speculate however that there will be other better faster stronger currencies.

I am talking currencies in general.
During the past century or so the most of currencies are fiat currencies. Also fiat currencies are not unknown before that.
It is fiat currencies without any real packing that dies because of hyperinflation created by excessive money printing.
Gold is very good  example: it is a real asset and never has lost purchasing power. You were able to buy a new suit with 1 oz of gold 200 years ago. Also today you can buy a suit with 1 oz of gold.
Credit cards are not destroying the fiat currency (perhaps one's personal finances but not in general economy's finances) but the money printing which is used to finance the public sector deficits.

[smoothie]

That wall is a rather large short, see:

http://monerodice.pd.to/polo_snapshot_compare.php?id=435930&id2=435932

Let the squeeze begin....start nibbling.  

edit: wall pulled...lol not a minute later...

[coinism]

but he's right in a way. long term he said, but didn't specify how long. I'm sure everybody here agrees Monero will be obsolete within 100 years and go to 0.00

Hardly.
I don't agree with you.
Why should it be so?

hardly any currency in history does. Not many currencies last longer than 100 + years

You are making the mistake of comparing Monero to currencies that have central authority. The currencies die because of hyperinflation when the central authority starts to print money big time at some point.
Monero will never have hyperinflation. It is the ultimate save haven just like gold but in digital form, therefore the storing costs are lower and it is more convenient than any physical product (it is easier to carry a trezor full of Moneros than bricks of gold).

i was comparing xmr to currencies in general.
cc's are a completely new thing, in many ways unpredictable. i would speculate however that there will be other better faster stronger currencies.

I am talking currencies in general.
During the past century or so the most of currencies are fiat currencies. Also fiat currencies are not unknown before that.
It is fiat currencies without any real packing that dies because of hyperinflation created by excessive money printing.
Gold is very good  example: it is a real asset and never has lost purchasing power. You were able to buy a new suit with 1 oz of gold 200 years ago. Also today you can buy a suit with 1 oz of gold.
Credit cards are not destroying the fiat currency (perhaps one's personal finances but not in general economy's finances) but the money printing which is used to finance the public sector deficits.

i'd be willing to do a futures trade with you on this one, but the odds are neither of us will be alive 100+ years from now unless the transhumanists make significant progress in prolonging human life span 

[USADoubleCoinCO]

Am I to late to go and buy $2500 worth of Monero? or good investment..?

[Anon136]

Am I to late to go and buy $2500 worth of Monero? or good investment..?

Not too late while we are still below ethereum. We deserve #2 atleast. When we have ethereum parity a that point you may be too late. But who knows. Btc parity and beyond certainly is not inconceivable.

[TrueCryptonaire]

Am I to late to go and buy $2500 worth of Monero? or good investment..?

Not too late while we are still below ethereum. We deserve #2 atleast. When we have ethereum parity a that point you may be too late. But who knows. Btc parity and beyond certainly is not inconceivable.

These words from early bitcoiners are like music to my ears. Do I hear the mountains tremble?

[Globb0]

ah booo I thought it said we were going to have an Etherium party and BTC party   

[volyova]

Am I to late to go and buy $2500 worth of Monero? or good investment..?

VerY bad idea. And how does a newb with 5 posts get a negative trust rating??

[coinits]

Am I to late to go and buy $2500 worth of Monero? or good investment..?

VerY bad idea. And how does a newb with 5 posts get a negative trust rating??

By starting scam on BTC Talk

Staying on topic: Investing in XMR is never a bad idea.

[volyova]

Am I to late to go and buy $2500 worth of Monero? or good investment..?

VerY bad idea. And how does a newb with 5 posts get a negative trust rating??

By starting scam on BTC Talk

Staying on topic: Investing in XMR is never a bad idea.

Oh, c'mon! It's a totally bad idea right now.

[Dafar]

Am I to late to go and buy $2500 worth of Monero? or good investment..?

Not too late while we are still below ethereum. We deserve #2 atleast. When we have ethereum parity a that point you may be too late. But who knows. Btc parity and beyond certainly is not inconceivable.

These words from early bitcoiners are like music to my ears. Do I hear the mountains tremble?

Sorry mr scrooge, while XMR may be a good long term investment BTC is about to bend all the alts over and show them who the boss is. BTC is still the king of crypto and that won't change anytime soon, if ever

[aminorex]

BTC is about to... show them who the boss is.

Pray tell, what is the substantive basis for your statement?

[Millionero]

Am I to late to go and buy $2500 worth of Monero? or good investment..?

VerY bad idea. And how does a newb with 5 posts get a negative trust rating??

By starting scam on BTC Talk

Staying on topic: Investing in XMR is never a bad idea.

Oh, c'mon! It's a totally bad idea right now.

Putting money into an asset that went up by an order of magnitude in a few weeks goes against pretty much everything I know.
But I am doing it.  I don't even need to, I can live for years on what I've made with this coin.  But I see a risk/reward profile that I can't refuse.  So I'm doing this apparently crazy thing.  I just shoveled a couple dozen more btc onto polo and bought xmr.
Have you been watching the order book?

[aminorex]

Personally I am excercising some restraint because I see that Mr. Bullwhale is shorting it down now, and I am quite sure he has adequate powder to win that war. I would rather ride his wake, and let him take the risk.  We will pass 0.03 within a handful of days, regardless.  He needs to both cover, and fold those gains into moar coins.

[TrueCryptonaire]

Am I to late to go and buy $2500 worth of Monero? or good investment..?

VerY bad idea. And how does a newb with 5 posts get a negative trust rating??

By starting scam on BTC Talk

Staying on topic: Investing in XMR is never a bad idea.

Oh, c'mon! It's a totally bad idea right now.

Putting money into an asset that went up by an order of magnitude in a few weeks goes against pretty much everything I know.
But I am doing it.  I don't even need to, I can live for years on what I've made with this coin.  But I see a risk/reward profile that I can't refuse.  So I'm doing this apparently crazy thing.  I just shoveled a couple dozen more btc onto polo and bought xmr.
Have you been watching the order book?

Monero was a bad investment for 2.5 years. So this is just the correction. Summer 2014 the early adopters paid pretty much 0.003+ for their coins. They have held it for so long time, felt the pain of bitcoin express threaths to destroy Monero, felt all the painful and bloody dumps while the coin should have been rising to 0.01+ levels.
So, the current price is still low. In my opinion the fair and stable price currently should be somewhere around 0.10 btc and in 2017 higher and probably 1-2 years from now we can catch bitcoin. If I am mistaken, please do not hold me guilty - it is just my estimations that have a lot of bias of bagholding. 

[volyova]

Am I to late to go and buy $2500 worth of Monero? or good investment..?

VerY bad idea. And how does a newb with 5 posts get a negative trust rating??

By starting scam on BTC Talk

Staying on topic: Investing in XMR is never a bad idea.

Oh, c'mon! It's a totally bad idea right now.

Putting money into an asset that went up by an order of magnitude in a few weeks goes against pretty much everything I know.
But I am doing it.  I don't even need to, I can live for years on what I've made with this coin.  But I see a risk/reward profile that I can't refuse.  So I'm doing this apparently crazy thing.  I just shoveled a couple dozen more btc onto polo and bought xmr.
Have you been watching the order book?

Monero was a bad investment for 2.5 years. So this is just the correction. Summer 2014 the early adopters paid pretty much 0.003+ for their coins. They have held it for so long time, felt the pain of bitcoin express threaths to destroy Monero, felt all the painful and bloody dumps while the coin should have been rising to 0.01+ levels.
So, the current price is still low. In my opinion the fair and stable price currently should be somewhere around 0.10 btc and in 2017 higher and probably 1-2 years from now we can catch bitcoin. If I am mistaken, please do not hold me guilty - it is just my estimations that have a lot of bias of bagholding. 

0.1 BTC?? LOL that is funny.

[coinism]

Am I to late to go and buy $2500 worth of Monero? or good investment..?

VerY bad idea. And how does a newb with 5 posts get a negative trust rating??

By starting scam on BTC Talk

Staying on topic: Investing in XMR is never a bad idea.

Oh, c'mon! It's a totally bad idea right now.

Putting money into an asset that went up by an order of magnitude in a few weeks goes against pretty much everything I know.
But I am doing it.  I don't even need to, I can live for years on what I've made with this coin.  But I see a risk/reward profile that I can't refuse.  So I'm doing this apparently crazy thing.  I just shoveled a couple dozen more btc onto polo and bought xmr.
Have you been watching the order book?

Monero was a bad investment for 2.5 years. So this is just the correction. Summer 2014 the early adopters paid pretty much 0.003+ for their coins. They have held it for so long time, felt the pain of bitcoin express threaths to destroy Monero, felt all the painful and bloody dumps while the coin should have been rising to 0.01+ levels.
So, the current price is still low. In my opinion the fair and stable price currently should be somewhere around 0.10 btc and in 2017 higher and probably 1-2 years from now we can catch bitcoin. If I am mistaken, please do not hold me guilty - it is just my estimations that have a lot of bias of bagholding. 

0.1 BTC?? LOL that is funny.

0.05-0.1 BTC. it's a real possibility.

[TrueCryptonaire]

Am I to late to go and buy $2500 worth of Monero? or good investment..?

VerY bad idea. And how does a newb with 5 posts get a negative trust rating??

By starting scam on BTC Talk

Staying on topic: Investing in XMR is never a bad idea.

Oh, c'mon! It's a totally bad idea right now.

Putting money into an asset that went up by an order of magnitude in a few weeks goes against pretty much everything I know.
But I am doing it.  I don't even need to, I can live for years on what I've made with this coin.  But I see a risk/reward profile that I can't refuse.  So I'm doing this apparently crazy thing.  I just shoveled a couple dozen more btc onto polo and bought xmr.
Have you been watching the order book?

Monero was a bad investment for 2.5 years. So this is just the correction. Summer 2014 the early adopters paid pretty much 0.003+ for their coins. They have held it for so long time, felt the pain of bitcoin express threaths to destroy Monero, felt all the painful and bloody dumps while the coin should have been rising to 0.01+ levels.
So, the current price is still low. In my opinion the fair and stable price currently should be somewhere around 0.10 btc and in 2017 higher and probably 1-2 years from now we can catch bitcoin. If I am mistaken, please do not hold me guilty - it is just my estimations that have a lot of bias of bagholding. 

0.1 BTC?? LOL that is funny.

0.05-0.1 BTC. it's a real possibility.

From the current level 4 legs of 50 % each and we are at 0.1 btc.