[XMR] Monero Speculation

[kurious]

^^^^ last four posts posts above that one

@kurious, well you asked..lol

@nanobrain: Yep, I know... but at least it drew a few firm speculative comments (and a decent graph) out and interrupted the TC bashing stuff 

[1713989315]

1713989315

[1713989315]

1713989315

[1713989315]

1713989315

[kurious]

I think the Monero price will be reversely correlated to the Bitcoin price.  MasterLuc, whos predictions have been very accurate in the past and are based on the EW (Elliot Wave) principles back in August called a top for Bitcoin where we are now and predicted a bleed off to about 580 in early January before resuming an upward trajectory.  He even called the Bitcoin bottom which resulted from the Bitfinex hack well in advance when everyone was euphoric and calling for Moon.  If he is once again correct we should see a good rise in price until Bitcoin takes another moonshot so that could have been a short to mid term bottom for Monero.  Strong capitulation to 0.0058 and another higher double bottom yesterday at 0.006 with significant volume.  If his prediction does not come to fruition and Bitcoin resumes the uptrend shortly we might have a bottom in the 0.005s, since everyone is expecting 0.004s it likely wont happen.

Just my two cents.

Here is his prediction for reference.

Respect for a decent post, Sir.

Realistically BTC and our traditional inverse correlation when it moves, is the main thing to weather on through.  But Risto is right too - there looks to be an annual cycle. 

An August high, December lows and a Feb breakout seem not too stupid to expect if the past is any sort of indicator.  Seems so far it might be.

Risto's 'where will we be on Dec 31st' thread at the time of the ATH had me looking pessimistic at 0.0075 (in the lower 10% of predictions) but I will now not be surprised to see us do as your post says.

If anything it looks a positively optimistic, given where we look like we are right now - I hope it plays out as you suggest.

[wpalczynski]

Thanks.

[24Kilo]

Moved to Dev-team IRC... thanks!

[wpalczynski]

Apologies for cluttering up the 'Speculation' thread, I did post this to the 'Support' thread yesterday with no response. Hoping that someone can relay to the dev team.

I am attempting to compile the Monero 32-bit Windows GUI from source. I am getting the following errors when running -

Code:

mingw32-make release

in Qt

Code:

C:/Qt/Tools/mingw530_32/bin/../lib/gcc/i686-w64-mingw32/5.3.0/../../../../i686-w
64-mingw32/bin/ld.exe: cannot find -lboost_serialization-mt
C:/Qt/Tools/mingw530_32/bin/../lib/gcc/i686-w64-mingw32/5.3.0/../../../../i686-w
64-mingw32/bin/ld.exe: cannot find -lboost_thread-mt
C:/Qt/Tools/mingw530_32/bin/../lib/gcc/i686-w64-mingw32/5.3.0/../../../../i686-w
64-mingw32/bin/ld.exe: cannot find -lboost_system-mt
C:/Qt/Tools/mingw530_32/bin/../lib/gcc/i686-w64-mingw32/5.3.0/../../../../i686-w
64-mingw32/bin/ld.exe: cannot find -lboost_date_time-mt
C:/Qt/Tools/mingw530_32/bin/../lib/gcc/i686-w64-mingw32/5.3.0/../../../../i686-w
64-mingw32/bin/ld.exe: cannot find -lboost_filesystem-mt
C:/Qt/Tools/mingw530_32/bin/../lib/gcc/i686-w64-mingw32/5.3.0/../../../../i686-w
64-mingw32/bin/ld.exe: cannot find -lboost_regex-mt
C:/Qt/Tools/mingw530_32/bin/../lib/gcc/i686-w64-mingw32/5.3.0/../../../../i686-w
64-mingw32/bin/ld.exe: cannot find -lboost_chrono-mt
C:/Qt/Tools/mingw530_32/bin/../lib/gcc/i686-w64-mingw32/5.3.0/../../../../i686-w
64-mingw32/bin/ld.exe: cannot find -lboost_program_options-mt
C:/Qt/Tools/mingw530_32/bin/../lib/gcc/i686-w64-mingw32/5.3.0/../../../../i686-w
64-mingw32/bin/ld.exe: cannot find -lssl
C:/Qt/Tools/mingw530_32/bin/../lib/gcc/i686-w64-mingw32/5.3.0/../../../../i686-w
64-mingw32/bin/ld.exe: cannot find -lcrypto
collect2.exe: error: ld returned 1 exit status
Makefile.Release:133: recipe for target 'release\bin\monero-core.exe' failed
mingw32-make[1]: *** [release\bin\monero-core.exe] Error 1
mingw32-make[1]: Leaving directory 'C:/msys64/home/compiler/monero-core/build'
Makefile:34: recipe for target 'release' failed
mingw32-make: *** [release] Error 2

It appears that I am missing dependencies. Qt is up-to-date as well as MSYS2. I am following the instructions found on github.

I have very detailed notes which I am willing to share with the dev team if requested.

Thanks,

Can you post it in #monero-dev on IRC?

Use this webapp client if you dont use IRC normally.  Enter a username and the above channel name.

http://webchat.freenode.net/

[Hueristic]

Holy shit! thats the most I've ever seen on the sell side!!! Reeks of accumulation by a Big Fat Whale!

[rpietila]

Holy shit! thats the most I've ever seen on the sell side!!! Reeks of accumulation by a Big Fat Whale!

The sell side is absolute fakery, you see it without zoom.

But buy side is devastated and medium-term downtrend firmly in place.

I was originally on the opinion that we'll see it grinding down for some more time, but actually the momentum points towards a capitulation in a week.

There will not be an easy recovery but the juiciest deals will be there soon, I believe.

[dEBRUYNE]

Additional GUI Developer (Jaquee) - Community Feedback Required

https://forum.getmonero.org/6/ideas/86991/additional-gui-developer

https://www.reddit.com/r/Monero/comments/5asiiw/additional_gui_developer_jaquee_community/

[N-rG]

Additional GUI Developer (Jaquee) - Community Feedback Required

https://forum.getmonero.org/6/ideas/86991/additional-gui-developer

https://www.reddit.com/r/Monero/comments/5asiiw/additional_gui_developer_jaquee_community/

Missing the "Click here to Contribute now" part ?

[HanSchultz]

Its a totally absurd idea.  While it might not bother people just buying zcrash to buy things on DM it totally prevents it from being used as a means to store wealth privately.

DNM users have one very good reason to like cold storage.  Best way of preserving illegally obtained assets while in jail!

you can stash away money in any form or shape if you are determined to keep the authorities on poking their nose into it and with the advent of new currencies they will be having more options than having a few

[saddambitcoin]

Additional GUI Developer (Jaquee) - Community Feedback Required

https://forum.getmonero.org/6/ideas/86991/additional-gui-developer

https://www.reddit.com/r/Monero/comments/5asiiw/additional_gui_developer_jaquee_community/

Missing the "Click here to Contribute now" part ?

The funding process starts with a proposal. When it has gathered enough positive feedback, and any further questions clarified, then it is opened for donations.

[nanobrain]

^^^^ last four posts posts above that one

@kurious, well you asked..lol

@nanobrain: Yep, I know... but at least it drew a few firm speculative comments (and a decent graph) out and interrupted the TC bashing stuff 

"bash...bash".....oh sorry.

Yes, MasterLuc's stuff is always interesting.
And it's interesting how there is a divergence of opinion and what that opinion is based upon.

Yesterday, i'd have said that we have to go to .004 due to TA but now I'm looking at BTC at 740+ and XMR going up (on low volume admittedly). 

Who the hell knows anymore....you may as well offer a new born to the Gods.

[wpalczynski]

Yeah, its holding up very well.  The bloodbath for alts will begin IF the honey badger beats the high from June or July, Huobi 5180. 

[CoinCidental]

Additional GUI Developer (Jaquee) - Community Feedback Required

https://forum.getmonero.org/6/ideas/86991/additional-gui-developer

https://www.reddit.com/r/Monero/comments/5asiiw/additional_gui_developer_jaquee_community/

Missing the "Click here to Contribute now" part ?

Hasn't someone already paid you to gtfo this thread??

[nanobrain]

Yeah, its holding up very well.  The bloodbath for alts will begin IF the honey badger beats the high from June or July, Huobi 5180. 

That's a very bullish formation emerging on the one day BTC chart.  What is the current received wisdom on how high it may go if we start testing usd$800?

[ozkraut]

Yeah, its holding up very well.  The bloodbath for alts will begin IF the honey badger beats the high from June or July, Huobi 5180. 

That's a very bullish formation emerging on the one day BTC chart.  What is the current received wisdom on how high it may go if we start testing usd$800?

I expect ETF  approvals anytime soon. There is likely a fair bit of hedging going into btc from institutional investors. Probably coupled with some announcement resolving the blocksize stalemate for maximum impact if they can ever agree. Once that happens we are in uncharted territories IMHO so this could go big. Way bigger than last ATH is possible

[ArticMine]

...

I expect ETF  approvals anytime soon. There is likely a fair bit of hedging going into btc from institutional investors. Probably coupled with some announcement resolving the blocksize stalemate for maximum impact if they can ever agree. Once that happens we are in uncharted territories IMHO so this could go big. Way bigger than last ATH is possible

Without an increase in the blocksize, I don't see the justification from a fundamental point of view for an increase in the the Bitcoin price above its all time high. If there is an increase in the blocksize then multiply the maximum blocksize in MB by the ATH in USD. I would spend some time on this site https://blockchain.info/blocks to really understand what is going on  with Bitcoin.

I am talking fundamentals here. As for what crazy thing speculators will do who knows. There was the ATH of ~2.4 million USD for ZEC for example.

[kurious]

^^^^ last four posts posts above that one

@kurious, well you asked..lol

@nanobrain: Yep, I know... but at least it drew a few firm speculative comments (and a decent graph) out and interrupted the TC bashing stuff 

"bash...bash".....oh sorry.

Yes, MasterLuc's stuff is always interesting.
And it's interesting how there is a divergence of opinion and what that opinion is based upon.

Yesterday, i'd have said that we have to go to .004 due to TA but now I'm looking at BTC at 740+ and XMR going up (on low volume admittedly). 

Who the hell knows anymore....you may as well offer a new born to the Gods.

Hey... it wasn't particularly directed at you, nor was it unjustified to call him out.

I just wanted to get some serious analysis at a moment which looks pretty volatile all over crypto and will of course affect - and test - XMR.

[ozkraut]

...

I expect ETF  approvals anytime soon. There is likely a fair bit of hedging going into btc from institutional investors. Probably coupled with some announcement resolving the blocksize stalemate for maximum impact if they can ever agree. Once that happens we are in uncharted territories IMHO so this could go big. Way bigger than last ATH is possible

Without an increase in the blocksize, I don't see the justification from a fundamental point of view for an increase in the the Bitcoin price above its all time high. If there is an increase in the blocksize then multiply the maximum blocksize in MB by the ATH in USD. I would spend some time on this site https://blockchain.info/blocks to really understand what is going on  with Bitcoin.

I am talking fundamentals here. As for what crazy thing speculators will do who knows. There was the ATH of ~2.4 million USD for ZEC for example.

I pondered blockchain.info a little while back. Bouncing of peak size consistently. So yeah, she's full it seems and the bottleneck of backlog looks ever growing. But will this stem the hype? The last few days were completely out of my frame of reference. I am actually void of appropriate words for what I observed.

But at least I finally understand that Zero Knowledge Proof refers to the buyer and not some tech.

[kurious]

...

I expect ETF  approvals anytime soon. There is likely a fair bit of hedging going into btc from institutional investors. Probably coupled with some announcement resolving the blocksize stalemate for maximum impact if they can ever agree. Once that happens we are in uncharted territories IMHO so this could go big. Way bigger than last ATH is possible

Without an increase in the blocksize, I don't see the justification from a fundamental point of view for an increase in the the Bitcoin price above its all time high. If there is an increase in the blocksize then multiply the maximum blocksize in MB by the ATH in USD. I would spend some time on this site https://blockchain.info/blocks to really understand what is going on  with Bitcoin.

I am talking fundamentals here. As for what crazy thing speculators will do who knows. There was the ATH of ~2.4 million USD for ZEC for example.

I agree BTC has issues, but it seems to have no obvious end right now - what can watching transaction waiting times size and full blocks do, other than confirm there is an issue that is potentially crippling to growth.

It's hard to feel confident in Core and its 'solutions' - but I don't see how miners will find consensus to act and go against them, so what can we do but watch as things limp on?

I have stayed out of the debate - due to feeling inadequately technical to know what is right and just hoping it will sort itself out... But it doesn't seem to have thus far...