Luxo
Newbie
 Offline
Activity: 46
Merit: 0
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December 14, 2016, 05:11:09 AM |
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The sell orders seems to be lower compared to the past few months which I guess is a good sign. That could mean that people are not willing to sell their XMR for cheap.
We seem to be heading upwards, at least for the next month ;O.
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TrueCryptonaire
Legendary
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Activity: 1092
Merit: 1000
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December 14, 2016, 07:39:42 AM |
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Traditionally this time of the year has been good for Monero. No matter how much bitcoin express has been trolling, the price wants to go up during the Q1.
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jay8291
Sr. Member
Offline
Activity: 812
Merit: 251
I-CHAIN - The Revolution of Digital Advertising
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December 14, 2016, 12:31:49 PM |
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Any news on when the Q1 GUI project is going to be completed. Eagerly waiting for it.... Hoping it by January or early..
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bitwolf
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December 14, 2016, 12:38:34 PM |
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Any news on when the Q1 GUI project is going to be completed. Eagerly waiting for it.... Hoping it by January or early..
on XMRmas |
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Globb0
Legendary
Offline
Activity: 2674
Merit: 2053
Free spirit
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December 14, 2016, 01:06:42 PM |
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Ho Ho Hoddle  |
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Mbokani
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December 14, 2016, 03:59:07 PM |
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Monero does have some competition now with all the new coins and with the price of bitcoin increasing the price is expected to go down further unless and until new dark markets starts accepting Monero.
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Globb0
Legendary
Offline
Activity: 2674
Merit: 2053
Free spirit
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December 14, 2016, 04:18:54 PM |
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Id say it is a more mature coin, also a strength for BTC.
Creeping up now with the imminent wallet and so on.
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Febo
Legendary
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Activity: 2730
Merit: 1288
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December 14, 2016, 05:01:25 PM |
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Any news on when the Q1 GUI project is going to be completed. Eagerly waiting for it.... Hoping it by January or early..
I was very wrong at all kind of Crypto speculations. But I give tiny chances that GUI will be out after 5th January. |
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CoinCidental
Legendary
Offline
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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December 14, 2016, 05:51:50 PM |
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Any news on when the Q1 GUI project is going to be completed. Eagerly waiting for it.... Hoping it by January or early..
I was very wrong at all kind of Crypto speculations. But I give tiny chances that GUI will be out after 5th January. the gui is likely already priced in xmr is a nice project ,my only worry is so many other coins are coming to the party with privacy features ...... hopefully the XMr network effect will be too strong....... |
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fiscorcle
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December 14, 2016, 05:58:07 PM |
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Any news on when the Q1 GUI project is going to be completed. Eagerly waiting for it.... Hoping it by January or early..
I was very wrong at all kind of Crypto speculations. But I give tiny chances that GUI will be out after 5th January. the gui is likely already priced in xmr is a nice project ,my only worry is so many other coins are coming to the party with privacy features ...... hopefully the XMr network effect will be too strong....... Really, any already announced features have already been priced in by the market... |
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kurious
Legendary
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Activity: 2590
Merit: 1643
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December 14, 2016, 06:32:21 PM |
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The market seems to think a step closer to the GUI is positive....
The GUI will bolster XMR up significantly. That is see that is stronger which WILL support the price. Up is more likely, down is less likely.
The lack of it has held XMR up.
Priced in? To a certain extent, yes - but the lack of a GUI has had a negative effect, too.
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我想要火箭和火车
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TrueCryptonaire
Legendary
Offline
Activity: 1092
Merit: 1000
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December 14, 2016, 06:44:11 PM |
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Any news on when the Q1 GUI project is going to be completed. Eagerly waiting for it.... Hoping it by January or early..
I was very wrong at all kind of Crypto speculations. But I give tiny chances that GUI will be out after 5th January. the gui is likely already priced in xmr is a nice project ,my only worry is so many other coins are coming to the party with privacy features ...... hopefully the XMr network effect will be too strong....... Really, any already announced features have already been priced in by the market... In my opinion it is not even possible to price in GUI. You see, there are people who are refusing to buy Moneros before they can store them in a safe and sound manner. Therefore, once the wallet is out, they can buy into Monero. That being said, this can create a speculative bubble and drive the price of Monero literally nuts like we have never seen before. |
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CoinCidental
Legendary
Offline
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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December 14, 2016, 06:49:28 PM |
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Any news on when the Q1 GUI project is going to be completed. Eagerly waiting for it.... Hoping it by January or early..
I was very wrong at all kind of Crypto speculations. But I give tiny chances that GUI will be out after 5th January. the gui is likely already priced in xmr is a nice project ,my only worry is so many other coins are coming to the party with privacy features ...... hopefully the XMr network effect will be too strong....... Really, any already announced features have already been priced in by the market... In my opinion it is not even possible to price in GUI. You see, there are people who are refusing to buy Moneros before they can store them in a safe and sound manner. Therefore, once the wallet is out, they can buy into Monero. That being said, this can create a speculative bubble and drive the price of Monero literally nuts like we have never seen before. i moved mine to paper wallet for as few years ,hot wallets are not partculary safe anyways (for large amounts ) |
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BitcoinNewsMagazine
Legendary
Offline
Activity: 1806
Merit: 1164
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December 14, 2016, 07:05:24 PM |
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Any news on when the Q1 GUI project is going to be completed. Eagerly waiting for it.... Hoping it by January or early..
I was very wrong at all kind of Crypto speculations. But I give tiny chances that GUI will be out after 5th January. the gui is likely already priced in xmr is a nice project ,my only worry is so many other coins are coming to the party with privacy features ...... hopefully the XMr network effect will be too strong....... Really, any already announced features have already been priced in by the market... In my opinion it is not even possible to price in GUI. You see, there are people who are refusing to buy Moneros before they can store them in a safe and sound manner. Therefore, once the wallet is out, they can buy into Monero. That being said, this can create a speculative bubble and drive the price of Monero literally nuts like we have never seen before. The GUI will be no more secure than running the wallet from command line. Strong passphrase is essential but Monero could really use adoption by Trezor or Ledger. Ledger is more likely as they have more manpower than Trezor and btchip has already mentioned he is interested. Monero app is not on Ledger's public roadmap yet though. GUI is nice yes but using command line is not really a bother. Paper wallets have a point of failure when you have to import private keys to spend. |
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Febo
Legendary
Offline
Activity: 2730
Merit: 1288
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December 14, 2016, 07:08:36 PM |
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Any news on when the Q1 GUI project is going to be completed. Eagerly waiting for it.... Hoping it by January or early..
I was very wrong at all kind of Crypto speculations. But I give tiny chances that GUI will be out after 5th January. the gui is likely already priced in xmr is a nice project ,my only worry is so many other coins are coming to the party with privacy features ...... hopefully the XMr network effect will be too strong....... Really, any already announced features have already been priced in by the market... In my opinion it is not even possible to price in GUI. You see, there are people who are refusing to buy Moneros before they can store them in a safe and sound manner. Therefore, once the wallet is out, they can buy into Monero. That being said, this can create a speculative bubble and drive the price of Monero literally nuts like we have never seen before. Yes, even if GUI is priced in, it can still make a bubble and latter on return to previous levels. In general I am sure Monero will be at higher price on 5th January as it is right now. |
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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December 14, 2016, 07:22:19 PM |
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The market seems to think a step closer to the GUI is positive....
The GUI will bolster XMR up significantly. That is see that is stronger which WILL support the price. Up is more likely, down is less likely.
The lack of it has held XMR up.
Priced in? To a certain extent, yes - but the lack of a GUI has had a negative effect, too.
Only the hype about the GUI may be priced in. What cannot be priced in is actual demand increase/supply decrease due to more people hodling more Monero safe and snug in their own Fluffyboxen. Some of those people may be DNM users and some may be investors. The point is all the various CLI averse folk (aka drooling masses) will have an easy point and click method to take coins off the exchange(s) and conveniently use them for whatever they want. That creates the feedback conditions needed for a price spiral, as increased network effects intensify XMR's status as a Giffen good. There is also the class of potential XMR investors who have eschewed (or limited their) exposure until the core devs prove they can ship their GUI. Apparently "fat protocol" investments are quite au courant, so that class may be much larger than we imagine. http://qz.com/861721/bitcoin-prices-are-at-a-2016-high-despite-silicon-valley-having-soured-on-the-currency/
Fat protocolsBitcoin is an instrument of financial speculation; what value the traders see in it remains open to interpretation. But there are some clues. A new theory is emerging in Silicon Valley, led by prestigious investors like Union Square Ventures, about bitcoin’s worth. It’s what Union Square Ventures’ Joel Monegro calls the “fat protocol”—and it’s driven by the failure of heavily funded bitcoin companies to produce the kinds of spectacular results Silicon Valley expects, even as the value of bitcoin itself continues to climb. Venture capital has usually been rewarded for investing in the application layer of the technology stack. Facebook and Google, for instance, are basically mega-popular applications built on top of the hypertext transfer protocol, the foundation of the web. But cryptocurrencies buck the trend. The underlying protocol keeps growing in value but the companies building applications never get anywhere close to that. All the bitcoin in circulation is worth $12.5 billion (and ethereum is worth over $700 million), for instance, but the biggest bitcoin companies are only valued at several hundred million, Monegro estimates.
The rule of thumb when it comes to fat protocol investing is this: “The market cap of the protocol always grows faster than the combined value of the applications built on top,” as Monegro puts it. The reason: Successful cryptocurrency applications drive up demand for the currency, or more specifically, the tokens that are coded into the currency’s protocol. For instance, when Dread Pirate Roberts dreamed up Silk Road, people embraced the idea of e-commerce for drugs, driving up demand for bitcoin to pay for them. An example that doesn’t involve contraband might be the Bitfinex exchange coming up with a peer-to-peer margin-trading mechanism, which presumably prompted more people to buy bitcoins to trade. Polychain CapitalThe fat protocol rule, and the underlying feedback loop animating it, might explain bitcoin’s current price rise. Union Square Ventures and fellow bitcoin bull Andreessen Horowitz are shifting their bets accordingly. They’re now increasing their exposure to bitcoin itself, if not by buying coins directly, then by taking stakes in companies that do. One such company is Polychain Capital, a new cryptocurency hedge fund. Andreessen Horowitz and Union Square Ventures have pumped $10 million into the firm, and into the fund itself. Polychain founder Olaf Carlson-Wee won’t say much about how his fund invests, except that it’s long-only and the goal is to get into blockchain assets at an early stage. IMO Bitcoin and Monero are the best, fattest protocol tokens easily obtainable by anyone with access to Bitfinex or Shapeshift.  |
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Monero
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| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
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Luxo
Newbie
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Activity: 46
Merit: 0
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December 14, 2016, 07:46:51 PM |
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People that do not want to store their XMR in exchanges because of security and that did not want to bother to use CLI because it is intimidating will be able to enter with the GUI. Hard wallet missing it is still better than to store your cryptocurrency in exchanges.
People in the DNM market will most likely want to use XMR instead of BTC with the Monero GUI that looks easy to use and with RingCT for privacy after the 5th of January. Why wouldn't they?
Investors/users that were reluctant in buying XMR due to not having a GUI after years and being a joke can now be more confident with Monero having a GUI and RingCT. It proves that there is continuous development being made and that it is here to stay.
Articles to come and get the words out about Monero having a GUI and RingCT for privacy. Fungibility solved, strong foundation. We like our Monero.
Personally, it looks like a no-brainer that we're gonna go way up but I could be wrong. Anything can happen in the cryptocurrency world ;P.
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chennan
Legendary
Offline
Activity: 1316
Merit: 1004
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December 14, 2016, 07:53:26 PM |
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Any news on when the Q1 GUI project is going to be completed. Eagerly waiting for it.... Hoping it by January or early..
I was very wrong at all kind of Crypto speculations. But I give tiny chances that GUI will be out after 5th January. the gui is likely already priced in xmr is a nice project ,my only worry is so many other coins are coming to the party with privacy features ...... hopefully the XMr network effect will be too strong....... Really, any already announced features have already been priced in by the market... In my opinion it is not even possible to price in GUI. You see, there are people who are refusing to buy Moneros before they can store them in a safe and sound manner. Therefore, once the wallet is out, they can buy into Monero. That being said, this can create a speculative bubble and drive the price of Monero literally nuts like we have never seen before. The GUI will be no more secure than running the wallet from command line. Strong passphrase is essential but Monero could really use adoption by Trezor or Ledger. Ledger is more likely as they have more manpower than Trezor and btchip has already mentioned he is interested. Monero app is not on Ledger's public roadmap yet though. GUI is nice yes but using command line is not really a bother. Paper wallets have a point of failure when you have to import private keys to spend. If Ledger does come out with hardwallet capability first, I'm pretty sure it would be easy(ish) to convert that code to be compatible with the Trezor... I'm not quite sure if Ledger uses open sourced firmware, but if that's the case then hopefully it can be used with Trezor as well. |
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BitcoinNewsMagazine
Legendary
Offline
Activity: 1806
Merit: 1164
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December 14, 2016, 08:12:21 PM |
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Ledger uses a smartcard element that is proprietary so Ledger is not fully open source. Trezor has already stated they have no time for Monero ATM as they are working on getting Trezor 2 to market. Next to Ledger Jaxx has been making noise about integrating Monero but found it way more complicated than they expected, if they actually do they have the Ice Cube hardware wallet planned for early 2017.
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fiscorcle
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December 14, 2016, 08:27:11 PM |
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Ledger uses a smartcard element that is proprietary so Ledger is not fully open source. Trezor has already stated they have no time for Monero ATM as they are working on getting Trezor 2 to market. Next to Ledger Jaxx has been making noise about integrating Monero but found it way more complicated than they expected, if they actually do they have the Ice Cube hardware wallet planned for early 2017.
Jaxx should focus on getting all the basic BTC features into its wallet rather than focusing on other stuff... |
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