[XMR] Monero Speculation

[aerbax]

Monero/Kovri dev meeting note highlights - 2016-10-30:

https://hellomonero.com/article/monerokovri-dev-meeting-note-highlights-2016-10-30

Note:  There was a time mixup, so the meeting was more informal than it usually is.  So in addition to the small amount of actual notes, I've added some news/notes that I gathered from the various Monero discussion forums...

[bitebits]

^ Thanks aerbax, again very much appreciated.

[24Kilo]

Have you compiled the GUI code and assisted with testing?

I will be compiling the GUI on a newly built Xubuntu 16.x machine this week, who do I report my results to?

[wpalczynski]

Have you compiled the GUI code and assisted with testing?

I will be compiling the GUI on a newly built Xubuntu 16.x machine this week, who do I report my results to?

Probably best places are github and the monero-dev IRC channel.  I'll let debruyne or one of the other guys give confirm as they are more familiar with the process.

[novag]

As I said, Bitcoin is going down, as a sharp increase in unstable condition, I think will fall to $ 400-600 by the end of the year, further stabilization and, depending on the world economy a slight increase.

[dEBRUYNE]

Funding Required | Monero Video Series - by savandra

https://forum.getmonero.org/8/funding-required/86984/monero-video-series

https://www.reddit.com/r/Monero/comments/5a7sek/funding_required_monero_video_series_by_savandra/

[nanobrain]

I think it is prudent to waite to which level Zcash will settle and then buy some. I am pretty confident it will be valuable as well - it might even gain official currency status somewhere. The stength of Zcash is its community. Only the super pumped price prevents me from buying some.

For Monero, it is a currency for everyday people and probably chosen by drug dealers and drug addicts. Monero is a decent currency but I am afraid the Zcash has done things better. No, tech is not the most important thing and as we can see from the current system, Zcash type of solution with the brightest minds probably in the world + supposedly a lot of money backing is a way to success, but as I said, personally I would waite until the price settles somewhere and not to go all in. Buying just some in case of it will overtake Monero.

Somebody asked about the GUI, it will probably not be released any time soon (might be that the developers need to rebuy before the release).

You've written some complete twaddle over the years here but this is a complete new level of hypocritical, arrogant nonsense.

"everyday people....drug dealers and drug addicts".....you really do look down your nose at everyone don't you. 

And after so much time telling everyone what an advocate of XMR you are, it turns out all it needed was a quick scan of the ZCash website for you to turn into their number one fan.  "The brightest minds...in the world"....your lack of resolve is matched only by your feeblemindedness.

You really are a wretched, elitist individual who labours under the illusion of being important.

[saddambitcoin]

Funding Required | Monero Video Series - by savandra

https://forum.getmonero.org/8/funding-required/86984/monero-video-series

https://www.reddit.com/r/Monero/comments/5a7sek/funding_required_monero_video_series_by_savandra/

If you believe Monero needs Marketing™ now is the time to show your support!

The videos will make for good assets to help explain Monero to new users in a easy to understand way.

[wpalczynski]

I think it is prudent to waite to which level Zcash will settle and then buy some. I am pretty confident it will be valuable as well - it might even gain official currency status somewhere. The stength of Zcash is its community. Only the super pumped price prevents me from buying some.

For Monero, it is a currency for everyday people and probably chosen by drug dealers and drug addicts. Monero is a decent currency but I am afraid the Zcash has done things better. No, tech is not the most important thing and as we can see from the current system, Zcash type of solution with the brightest minds probably in the world + supposedly a lot of money backing is a way to success, but as I said, personally I would waite until the price settles somewhere and not to go all in. Buying just some in case of it will overtake Monero.

Somebody asked about the GUI, it will probably not be released any time soon (might be that the developers need to rebuy before the release).

You've written some complete twaddle over the years here but this is a complete new level of hypocritical, arrogant nonsense.

"everyday people....drug dealers and drug addicts".....you really do look down your nose at everyone don't you. 

And after so much time telling everyone what an advocate of XMR you are, it turns out all it needed was a quick scan of the ZCash website for you to turn into their number one fan.  "The brightest minds...in the world"....your lack of resolve is matched only by your feeblemindedness.

You really are a wretched, elitist individual who labours under the illusion of being important.

Nothing elite about him LMAO, have you seen his youtube video?

[Luxo]

I think it is prudent to waite to which level Zcash will settle and then buy some. I am pretty confident it will be valuable as well - it might even gain official currency status somewhere. The stength of Zcash is its community. Only the super pumped price prevents me from buying some.

For Monero, it is a currency for everyday people and probably chosen by drug dealers and drug addicts. Monero is a decent currency but I am afraid the Zcash has done things better. No, tech is not the most important thing and as we can see from the current system, Zcash type of solution with the brightest minds probably in the world + supposedly a lot of money backing is a way to success, but as I said, personally I would waite until the price settles somewhere and not to go all in. Buying just some in case of it will overtake Monero.

Somebody asked about the GUI, it will probably not be released any time soon (might be that the developers need to rebuy before the release).

You've written some complete twaddle over the years here but this is a complete new level of hypocritical, arrogant nonsense.

"everyday people....drug dealers and drug addicts".....you really do look down your nose at everyone don't you. 

And after so much time telling everyone what an advocate of XMR you are, it turns out all it needed was a quick scan of the ZCash website for you to turn into their number one fan.  "The brightest minds...in the world"....your lack of resolve is matched only by your feeblemindedness.

You really are a wretched, elitist individual who labours under the illusion of being important.

Yup. I initially thought he was someone who firmly believed in Monero and would help it because of his encouraging posts on XMR. I then became suspicious of him when there was funding/donations required for anonimal working on KOVRI and he was against contributing even a small amount despite being seemingly a great XMR supporter.

He was a hypocrite in the end which is sad.

[wpalczynski]

I think it is prudent to waite to which level Zcash will settle and then buy some. I am pretty confident it will be valuable as well - it might even gain official currency status somewhere. The stength of Zcash is its community. Only the super pumped price prevents me from buying some.

For Monero, it is a currency for everyday people and probably chosen by drug dealers and drug addicts. Monero is a decent currency but I am afraid the Zcash has done things better. No, tech is not the most important thing and as we can see from the current system, Zcash type of solution with the brightest minds probably in the world + supposedly a lot of money backing is a way to success, but as I said, personally I would waite until the price settles somewhere and not to go all in. Buying just some in case of it will overtake Monero.

Somebody asked about the GUI, it will probably not be released any time soon (might be that the developers need to rebuy before the release).

You've written some complete twaddle over the years here but this is a complete new level of hypocritical, arrogant nonsense.

"everyday people....drug dealers and drug addicts".....you really do look down your nose at everyone don't you. 

And after so much time telling everyone what an advocate of XMR you are, it turns out all it needed was a quick scan of the ZCash website for you to turn into their number one fan.  "The brightest minds...in the world"....your lack of resolve is matched only by your feeblemindedness.

You really are a wretched, elitist individual who labours under the illusion of being important.

Yup. I initially thought he was someone who firmly believed in Monero and would help it because of his encouraging posts on XMR. I then became suspicious of him when there was funding/donations required for anonimal working on KOVRI and he was against contributing even a small amount despite being seemingly a great XMR supporter.

He was a hypocrite in the end which is sad.

He has been flip flopping back an forth talking his book ever since he joined this thread, he was way more obnoxious in the beginning switching sentiment very often.

[Luxo]

He has been flip flopping back an forth talking his book ever since he joined this thread, he was way more obnoxious in the beginning switching sentiment very often.

I see. As I am new since a few months ago I truly believed he was 100% for Monero. I was baffled at his latest post to be honest haha.

[wpalczynski]

He has been flip flopping back an forth talking his book ever since he joined this thread, he was way more obnoxious in the beginning switching sentiment very often.

I see. As I am new since a few months ago I truly believed he was 100% for Monero. I was baffled at his latest post to be honest haha.

Oh he will be all for Monero again very soon, just as soon as he finishes buying back what he sold.

[ol92]

He has been flip flopping back an forth talking his book ever since he joined this thread, he was way more obnoxious in the beginning switching sentiment very often.

I see. As I am new since a few months ago I truly believed he was 100% for Monero. I was baffled at his latest post to be honest haha.

Oh he will be all for Monero again very soon, just as soon as he finishes buying back what he sold.

He used to have a signature saying something like : I speak bullish when I short XMR and bearish when I am long. He plays with forum members...

[Nivir]

So people will be going back to XMR after the ZEC hype. It's gonna be a long way trip back to my target price.

[kurious]

So people will be going back to XMR after the ZEC hype. It's gonna be a long way trip back to my target price.

If you bought or can buy some low around here, it will help to bring your cost-average down.

It's a long game.  There are those here who remember long periods of a price much lower than now (even 0.001 for a while) who have learned the virtue of patience and are confident that XMR will give handsome returns in the end.  XMR is good tech and is will remain no. 1 in truly private money for the foreseeable future.

Hang on to as many coins as you can....

[freedomgo]

So people will be going back to XMR after the ZEC hype. It's gonna be a long way trip back to my target price.

If you bought or can buy some low around here, it will help to bring your cost-average down.

It's a long game.  There are those here who remember long periods of a price much lower than now (even 0.001 for a while) who have learned the virtue of patience and are confident that XMR will give handsome returns in the end.  XMR is good tech and is will remain no. 1 in truly private money for the foreseeable future.

Hang on to as many coins as you can....

XMR is a different coin as it has been in existence for too long and we have seen how it can react to a bigger price, nothing is impossible with XMR as you said it is a good coin that can be use in black market.

Let us just hope that people will focus on XMR so we can make the buy order fill again with a good volume.

[OrangeP]

We'll see another short rise when a GUI comes out. (20% over 1-2 days)
If the GUI sucks it will be a disaster (Ethereum wallet set a new standard).

[CoinCidental]

We'll see another short rise when a GUI comes out. (20% over 1-2 days)
If the GUI sucks it will be a disaster (Ethereum wallet set a new standard).

people fail to realise i think that when zcash loses its scarcity it will lose its value
i have read comparisons and analysis from many knowledgeable persons and most are of the opinion
that monero is the better coin (although zcash has the megabudget and the scarcity hype that wont last in a month when 7200 coins per day are getting dumped on exchanges ........

i think it will probably end up being worth $5-15 and many people are of the belief its funded by intelligence agencies( NSA ,MOSSAD and DARPA etc ) which certaintly wont help it get adopted on  illicit markets

[mnemonicsoup]

Here is a list of the funders: http://zerocash-project.org/about_us

There are definitely some corporate & government ties.