coinism
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September 04, 2016, 12:14:06 PM |
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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
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Activity: 2268
Merit: 1141
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September 04, 2016, 12:18:28 PM |
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TrueCryptonaire
Legendary
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Activity: 1092
Merit: 1000
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September 04, 2016, 12:21:02 PM |
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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.
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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September 04, 2016, 12:23:53 PM |
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Let the squeeze begin....start nibbling. edit: wall pulled...lol not a minute later...
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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coinism
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September 04, 2016, 12:26:54 PM |
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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
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USADoubleCoinCO
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September 04, 2016, 12:35:38 PM |
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Am I to late to go and buy $2500 worth of Monero? or good investment..?
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Anon136
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September 04, 2016, 12:40:45 PM |
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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.
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Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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TrueCryptonaire
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Activity: 1092
Merit: 1000
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September 04, 2016, 01:06:17 PM |
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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?
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Globb0
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Free spirit
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September 04, 2016, 01:13:28 PM |
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ah booo I thought it said we were going to have an Etherium party and BTC party
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volyova
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Activity: 910
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September 04, 2016, 02:19:00 PM |
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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??
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coinits
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Activity: 1582
Merit: 1019
011110000110110101110010
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September 04, 2016, 02:24:26 PM |
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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.
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Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
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volyova
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Activity: 910
Merit: 1000
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September 04, 2016, 02:26:25 PM |
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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.
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Dafar
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dafar consulting
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September 04, 2016, 02:31:56 PM |
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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
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aminorex
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Sine secretum non libertas
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September 04, 2016, 02:40:05 PM |
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BTC is about to... show them who the boss is.
Pray tell, what is the substantive basis for your statement?
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Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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Millionero
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September 04, 2016, 02:40:24 PM |
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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?
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aminorex
Legendary
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Activity: 1596
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Sine secretum non libertas
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September 04, 2016, 02:44:33 PM |
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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.
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Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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TrueCryptonaire
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Activity: 1092
Merit: 1000
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September 04, 2016, 02:55:13 PM |
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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.
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volyova
Legendary
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Activity: 910
Merit: 1000
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September 04, 2016, 03:05:31 PM |
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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.
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coinism
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September 04, 2016, 03:09:00 PM |
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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.
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TrueCryptonaire
Legendary
Offline
Activity: 1092
Merit: 1000
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September 04, 2016, 03:11:12 PM |
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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.
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