[XMR] Monero Speculation

[nanobrain]

For the gentleman who was moaning that there wasn't enough speculation in this thread and LennyCarl, who erroneously thinks my speculative efforts are in any way accurate, I draw your attention to this thread

https://bitcointalk.org/index.php?topic=1161207.1500

Afrikoin is a lovely bloke who applies mathematic rigour and all sorts of TA to his speculations.  Yesterday, he said:
"We are going to $600s at some point soon. Definitely"

You may as well shoot the breeze about whatever topic you want as speculate what a cryptocoin will do in the future.

[1714092273]

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[CryptoPH]

Seems like Dash is finally catching up with Monero.

7   
Dash DASH
$97,121,967   $13.80948263   $13.1270   7,032,991   $4,789,840   9.96%   
Buy / Sell
5   
Monero XMR
$158,149,459   $11.48611848   $10.8506   13,768,747   $3,317,480   10.85%   
Buy / Sell

[obit33]

Anyone that has any understanding of the real world knows USD will be here far longer than we will. The largest military presence the world has ever know backs USD, It's pretty damn safe. The guy with the biggest stick makes the rules no matter how civilized we want to think we are.

don't agree, it's pretty obvious the reserve-currency status of the USD is being hollowed out by a new axis of countries who have only one choice: work together or be obedient to the US... China, Russia and Iran will work together more and more, more and more the USD will be shunned for international trade. Silk road 2.0, AIIB, SGE, ... bilateral oil-trades.

Where was the US-military in Syria btw? Right, it were the Russians who called the shots... US may have the biggest stick, it won't take on China, Russia and Iran together. In addition we might also see a pivot from Europe to Asia... If the US has no friends left, they can forget it... the unipolar world is finished.

USA will less try to do things on their own. Not saying they are doing it. But You cant expect that just everyone will gang against them. Also is hard to expect others will gang at all, but more likely oppose each other. What bothered me in your post most was Iran. Iran is not a huge force. And will less and less importance of Oil will be even less important. What I see most neglects is India. India will first become biggest country, then strongest economy and last strongest military. All this will happen in this century. Europe is still there, but losing power so as Japan. Upcoming countries are Brazil, Indonesia and Nigeria.

As said, I don't think the others have much choice, it's gang up or be bullied into obedient serfdom... Trump might try to become better friends with Russia, but who knows if that will work out... Tell me which friends are left for the USA? Even Europe is turning on them as I feel it, and rightly so, the Washington imposed Russian sanctions have only hurt Europe...
Iran is a force to be reckoned with in the Persian Gulf... There's also a difference: USA needs to use its naval power for offensive purposes. Tehran needs naval power exclusively for defensive purposes... so they (Russia, China, Tehran) build anti-ship, ant-aircraft and anti-ballistic systems... There's also technologytransfer between said countries, these defensive systems would face the USA with heavy losses... Only reason why Syria and Iran remain sovereign nations is because of the military cost that an invasion or bombing would have brought on the USA... the essence of deterrence...

You're right about India btw, but I don't know where their allegiance (will) lay, they're pretty neutral to me right now...

The chart you post is made up by a US-agency, you'll have to forgive me to not trust anything that comes from said agencies... one only needs to look at the US employmentdata produced by the BLS to know what kind of politicized bullshit said agencies produce... I might trust a chart of the current status, but the predictive capabilities of these agencies are so flawed and coloured that I'd trust my own belly before them... Look at what the IMF comes up with every year...
I also don't think that this chart can possibly incorporate 'black swan events' such as loss of reserve-currency-status...

But as always, only the future will tell who's (more) right...

best regards,

[TrueCryptonaire]

I am following the inflation rate of Monero but sadly probably the only relevant stat to me has been disappeared when coinmarketcap replaced the old statistic site with the current http://moneroblocks.info/

[canth]

Xmr is still in my opinion the best privacy coin,followed by SDC

DASH is flawed and zcash is a scam (imo)

We may retrace a bit for now  but I think $50 by the summer is realistic so stay calm and hodl  

You forgot about ZCoin.

i didnt forget ,i just dont rate it at all.... a cheap copy of zookos scamcoin has no place in my portfolio

i also hold some NAVcoin because i like the project as well (its also a privacy based coin  and i think this wil only  become more importamt in the future ) http://navcoin.org/

zcoin is not a copy of zcash at all. It is a totally different protocol. Yes, somebody finally implemented the zerocoin protocol. You should do more research before shit-posting  totally incorrect things, as it makes you look like a fool. smh Zcoin isn't a copy of anything! LOL do you know anything about the coins you are trading??

Zcoin would be a huge improvement if it only copied Zcash. Where's the code for Gary Le's prior project, Moneta? I don't throw around these terms lightly; this is a classic example of repeatedly shoveling out vaporware. I hope for your sake that you're not invested in that insta-turd. https://bitcointalk.org/index.php?topic=1638450.msg16515400#msg16515400 - I'd rather invest in DASH or GoxBTC.

[obit33]

Xmr is still in my opinion the best privacy coin,followed by SDC

DASH is flawed and zcash is a scam (imo)

We may retrace a bit for now  but I think $50 by the summer is realistic so stay calm and hodl  

You forgot about ZCoin.

i didnt forget ,i just dont rate it at all.... a cheap copy of zookos scamcoin has no place in my portfolio

i also hold some NAVcoin because i like the project as well (its also a privacy based coin  and i think this wil only  become more importamt in the future ) http://navcoin.org/

zcoin is not a copy of zcash at all. It is a totally different protocol. Yes, somebody finally implemented the zerocoin protocol. You should do more research before shit-posting  totally incorrect things, as it makes you look like a fool. smh Zcoin isn't a copy of anything! LOL do you know anything about the coins you are trading??

Zcoin would be a huge improvement if it only copied Zcash. Where's the code for Gary Le's prior project, Moneta? I don't throw around these terms lightly; this is a classic example of repeatedly shoveling out vaporware. I hope for your sake that you're not invested in that insta-turd. https://bitcointalk.org/index.php?topic=1638450.msg16515400#msg16515400 - I'd rather invest in DASH or GoxBTC.

same here, I'd never trust a guy that was able to get himself doxed like this http://archive.is/ZIcVN with developing a 'anonymous' coin...

wouldn't touch it with a ten feet pole, that one...

[jwinterm]

...

Zcoin would be a huge improvement if it only copied Zcash. Where's the code for Gary Le's prior project, Moneta? I don't throw around these terms lightly; this is a classic example of repeatedly shoveling out vaporware. I hope for your sake that you're not invested in that insta-turd. https://bitcointalk.org/index.php?topic=1638450.msg16515400#msg16515400 - I'd rather invest in DASH or GoxBTC.

same here, I'd never trust a guy that was able to get himself doxed like this http://archive.is/ZIcVN with developing a 'anonymous' coin...

wouldn't touch it with a ten feet pole, that one...

FWIW, Gary Le has been booted off Zcoin project due some kind of falling out, so I think it's just Poramin Insom developing now, not that Gary Le was developing before, afaik he is just like a hype man, but he's been severed from the project nevertheless. I still wouldn't touch it due to massive premine, but, just saying...

[canth]

...

Zcoin would be a huge improvement if it only copied Zcash. Where's the code for Gary Le's prior project, Moneta? I don't throw around these terms lightly; this is a classic example of repeatedly shoveling out vaporware. I hope for your sake that you're not invested in that insta-turd. https://bitcointalk.org/index.php?topic=1638450.msg16515400#msg16515400 - I'd rather invest in DASH or GoxBTC.

same here, I'd never trust a guy that was able to get himself doxed like this http://archive.is/ZIcVN with developing a 'anonymous' coin...

wouldn't touch it with a ten feet pole, that one...

FWIW, Gary Le has been booted off Zcoin project due some kind of falling out, so I think it's just Poramin Insom developing now, not that Gary Le was developing before, afaik he is just like a hype man, but he's been severed from the project nevertheless. I still wouldn't touch it due to massive premine, but, just saying...

Ahh, that's entertaining news. I'll keep an eye out for Gary Le's next project scam. Even if Zcoin ends up producing code (doubtful), I'll be perfectly comfortable with not having touched it - the risk/reward ratio is just too high and the funds are likely to evaporate.

[Luxo]

We're going up. Is it due to CEOs/investors liking fluffypony's presentation at The North American Bitcoin Conference? Next destination for fluffypony is at the Satoshi Roundtable.

Also confirmation of Monero integration soon at Jaxx: https://twitter.com/jaxx_io/status/821398329368215552

[TMAN]

We're going up. Is it due to investors liking fluffypony's presentation at The North American Bitcoin Conference? Next destination for fluffypony is at the Satoshi Roundtable.

Also confirmation of Monero integration soon at Jaxx: https://twitter.com/jaxx_io/status/821398329368215552

https://twitter.com/SunnyStartups/status/821368001421279234

that is why - this is huge... with the round table and Jaxx this week.

when coinbase goes live as well we will moon... BTC early 2013 prices I hope

[Globb0]

Oh yes please. Could do with a bit of good in a shitty life at the moment.

Since Christmas I had surgery and in the few days after, when I'm supposed to be taking it easy, the most evil cold and bad chest, I'm literally on the floor here.

Cant even keep my tablets down I have so had enough.


Phil

[Luxo]

Oh yes please. Could do with a bit of good in a shitty life at the moment.

Since Christmas I had surgery and in the few days after, when I'm supposed to be taking it easy, the most evil cold and bad chest, I'm literally on the floor here.

Cant even keep my tablets down I have so had enough.


Phil

Take care buddy.

[Shiroslullaby]

Coinbase support would be huge.
I sold everything I own besides Factom and bought back into Monero a few days ago.
These are two of the projects I think have good long term investment potential, personally.

[TMAN]

Coinbase support would be huge.
I sold everything I own besides Factom and bought back into Monero a few days ago.
These are two of the projects I think have good long term investment potential, personally.

after the fluffy vid and the way he handled the compliance questions it will only be a matter of time, Jaxx and the latest fiat ramps in - it will cause a massive bloodbath for any shorters. 3-5 X price in a bubble

[cAPSLOCK]

@LennyCarl - don't take any 'predictions' you see here as in any way accurate or reliable -- especially mine.  I try my best looking at the chart and using the TA knowledge I've picked up over the last 4 years of doing this.  But the landscape changes so quickly (the events coming out of China this last week or so is a good example) and crypto prices are hyper-sensitive to sentiment and/or news.

But be especially wary of those who use these tools and lay claim to expertise - they are really dangerous.

@Febo.  No, I meant USD.  Over the last month XMR smashed through its ATH (when valued against USD) but you'd hardly have noticed if you'd read these pages because it was masked by BTC rise.  Instead we continue to judge alts value against BTC because of bizarre idealogical reasons based on predictions the global economy will collapse any day soon. 

A bit like the bloke who wanders through the street claiming the end of the world is nigh, crypto is obsessed with financial Armageddon.  I've been on these boards for four years now and the end of days is always being predicted (given traditional financial markets move in seven year cycles there's never a crisis too far away.)

And of course the ultimate contradiction is that BTC is constantly valued against the USD.  Traditional currencies may well be used and abused but I don't see why they are a good enough benchmark for BTC but not for XMR.

Anyone that has any understanding of the real world knows USD will be here far longer than we will. The largest military presence the world has ever know backs USD, It's pretty damn safe. The guy with the biggest stick makes the rules no matter how civilized we want to think we are.

Saying that we are heading into some uncharted waters with Trump thinking he can take on China in some sort of trade war or challenge the one china policy.

To the best of my knowledge China essentially owns the USA by way of bonds issued over the last ten years or so ie it has been Chinese investment that enabled the US to recover from the GFC.  If China decides to 'cash in' those bonds then the US and its economy goes down the sink hole.  I assume that is what the PBC meant today when it said Trump would be "shooting himself in the foot" if he decided to challenge China over...well, pretty much anything.

But we are still in a place where when we get shot in the foot it is still firmly planted on China's head.  This may not always be the case

Until then they are not going to want to pull that trigger.

[nanobrain]

@LennyCarl - don't take any 'predictions' you see here as in any way accurate or reliable -- especially mine.  I try my best looking at the chart and using the TA knowledge I've picked up over the last 4 years of doing this.  But the landscape changes so quickly (the events coming out of China this last week or so is a good example) and crypto prices are hyper-sensitive to sentiment and/or news.

But be especially wary of those who use these tools and lay claim to expertise - they are really dangerous.

@Febo.  No, I meant USD.  Over the last month XMR smashed through its ATH (when valued against USD) but you'd hardly have noticed if you'd read these pages because it was masked by BTC rise.  Instead we continue to judge alts value against BTC because of bizarre idealogical reasons based on predictions the global economy will collapse any day soon. 

A bit like the bloke who wanders through the street claiming the end of the world is nigh, crypto is obsessed with financial Armageddon.  I've been on these boards for four years now and the end of days is always being predicted (given traditional financial markets move in seven year cycles there's never a crisis too far away.)

And of course the ultimate contradiction is that BTC is constantly valued against the USD.  Traditional currencies may well be used and abused but I don't see why they are a good enough benchmark for BTC but not for XMR.

Anyone that has any understanding of the real world knows USD will be here far longer than we will. The largest military presence the world has ever know backs USD, It's pretty damn safe. The guy with the biggest stick makes the rules no matter how civilized we want to think we are.

Saying that we are heading into some uncharted waters with Trump thinking he can take on China in some sort of trade war or challenge the one china policy.

To the best of my knowledge China essentially owns the USA by way of bonds issued over the last ten years or so ie it has been Chinese investment that enabled the US to recover from the GFC.  If China decides to 'cash in' those bonds then the US and its economy goes down the sink hole.  I assume that is what the PBC meant today when it said Trump would be "shooting himself in the foot" if he decided to challenge China over...well, pretty much anything.

But we are still in a place where when we get shot in the foot it is still firmly planted on China's head.  This may not always be the case

Until then they are not going to want to pull that trigger.

Yes, I think my facts are dated (apparently Japan is now the biggest holder of US debt) and the consequences of China 'cashing in' incorrect.

http://chinapower.csis.org/us-debt/

Nevertheless, I still think Xi Jinping will run rings around Trump.

[volyova]

Hello Monero people! How are you all today? Ok, I hope..

[Globb0]

Thanks for the kind words Luxo.

Monero is doing its thing and holding on nicely.

2 thumbs up.

[TrueCryptonaire]

Coinbase support would be huge.
I sold everything I own besides Factom and bought back into Monero a few days ago.
These are two of the projects I think have good long term investment potential, personally.

after the fluffy vid and the way he handled the compliance questions it will only be a matter of time, Jaxx and the latest fiat ramps in - it will cause a massive bloodbath for any shorters. 3-5 X price in a bubble

Speaking about shorters, there is very little Moneros available on the lending markets. There are at least two possible reasons for that: 1) GUI has attracted the coins from lending markets (the opportunity cost of withdrawal is the lost interest payments) 2) massive amounts of shorts are being opened.
Also it could be both options.

I recall very well seeing 250 000 or so Moneros available for borrowers. Today barely over 100 000 XMR.

[KeyJockey]

So, someone just stated in the Polo trollbox that CoinBase had announce Monero support which has started a nice little uptick in pricing.  I can't find any evidence to prove it so, I'm sure it was someone just talking their book. ...

Anyway, the question I have is if/when they do add USD/XMR pair how many Monero will they have to have on hand in inventory to even start trading?  I would think it would be substantial, so shouldn't we expect that they are looking to accumulate now or at least soon if they haven't already started?

Thoughts?
 

It's definitely happening, not just trollbox book-talking.

It's been heating up for a while now actually: I remember 'way back when the IRS/coinbase shit first started happening I posted somewhere that it'd serve the feds right if coinbase switched to Monero -- and at that point such a thing was more or less a total fantasy, LOL, "never gonna happen in a million years" kinda speculation talk.

This was just a couple months ago.

But then, shit started happening for real: Fluffy was invited to make a presentation to coinbase, Jaxx adding XMR got more serious, clear outta the blue XMR was added to Kraken, then after Fluffy's presentation went *really* well coinbase flat out said they're gonna be adding more alts in the coming year, and they ran an online poll for *which* coin should be next, and Monero totally dominated the poll.

So at this point it really appears to be a foregone conclusion that coinbase pretty likely WILL be adding Monero to their service soon... I'd say better than 80%+ likely unless some really unexpected event happens in the next couple months to prevent it for some unexpected reason.

At this point, it's hard to believe how quickly and massively the "stars have aligned" for XMR on this, in just the last couple months.

I'd say the vast majority of even well-intentioned Monero users (and crypto people who are only just "kinda aware" of Monero) are still probably TOTALLY CLUELESS THAT THIS IS COMING SOON.

I'd guess that this is *massively* NOT YET priced-in, at all... not by a long shot.

Probably gonna be a huge surprise when it hits, too...