[XMR] Monero Speculation

[Hueristic]

...

In any case, yeah I feel you... 6.5 large ouch that sucks. Six Pumpkins And A Barney: Variance is a bitch. The CASINOS are EVIL (but yeah I still go too sometimes, trying to break the bad habit - been playing blackjack over thirty years, seen it all, everything possible that can happen in the game has happened to me at least once, sometimes twice LOL but I still find it tough to fully leave it alone for very long LOL)

PM me your email and I'll fill you in, thats as much info as I'm going to post on a public board.

$@#@ still pending and still dropping.

ok ladies & gentlemens....seeing as this is the speculation forum, lets speculate.

what do you think price may go to if when xmr gets listed on coinbase?   

I would expect 3-5X the Kraken addition caused.

That 6,500 loss at the casino last few weeks has put a hurting on me. Damn why did I miss the initial spike! :|

Sometimes I get the impression that your gambling losses are just another form of boating accident

"Oops, I lost another 5k today at 'the casino.' If only I had bought Monero with the money. But I didn't, just to be clear. Nope nope nope."

LOL, It's all in the timing. I always hit a cooler at the worst possible time.

[guesswho1234]

for all of you who trade on poloniex.com and wish for some better overview of your trading i want to share

this yet again but with another update i realeased today (for free and open source)

https://bitcointalk.org/index.php?topic=1545898.new#new


greetings!

[iCEBREAKER]

That 6,500 loss at the casino last few weeks has put a hurting on me. Damn why did I miss the initial spike! :|

Sometimes I get the impression that your gambling losses are just another form of boating accident

"Oops, I lost another 5k today at 'the casino.' If only I had bought Monero with the money. But I didn't, just to be clear. Nope nope nope."

I lost all my coins in a casino on a cruise boat that sank.



 

[MoneroMooo]

Hey guys, do you know the size of the Monero blockchain?

Yes

12 GB

[afbitcoins]

$50 to $100 easy... especially since we've just seen a shitcoin like Dash do that ON NO REASON WHATSOEVER.

You forgot to say its a scam and an instamine.

Sometimes I get the impression that your gambling losses are just another form of boating accident
"Oops, I lost another 5k today at 'the casino.' If only I had bought Monero with the money. But I didn't, just to be clear. Nope nope nope."

Tax evasion. Yeh i guess Monero would be good for that

[mrmind]

I think 40 usd on Monero is coming and the bubble is about to start

ALTS ARE BACK WITH A BANG

[TrueCryptonaire]

Aminorex will be here now any time...   

[iCEBREAKER]

$50 to $100 easy... especially since we've just seen a shitcoin like Dash do that ON NO REASON WHATSOEVER.

    You forgot to say its a scam and an instamine. 

[iCEBREAKER]

I wish I had some Monero 

Yes, it's too bad Dash is known by Coinbase and Kraken to be a scam.

Meanwhile:

A beginner’s guide to Monero
https://medium.com/@linda.xie/a-beginners-guide-to-monero-7a5df2c50ed9
by Linda Xie, Product Manager @Coinbase, and many Coinbase employees

[Hueristic]

That 6,500 loss at the casino last few weeks has put a hurting on me. Damn why did I miss the initial spike! :|

Sometimes I get the impression that your gambling losses are just another form of boating accident

"Oops, I lost another 5k today at 'the casino.' If only I had bought Monero with the money. But I didn't, just to be clear. Nope nope nope."

I lost all my coins in a casino on a cruise boat that sank.



 

At least I had a good time while doing it!

[ArticMine]

the purpose of this Epic Pump is intended to "buy legitimacy" for the Dash coin project AT EVEN A VERY EXPENSIVE MARKET MANIPULATION PRICE just because a go-for-broke Hail Mary Pass *will* be necessary if it's going to survive?

In other words:

1. The Master Dashers use up all their firepower ammo in this epic mother of all pumps JUST TO GET their coin UP in market cap rating to #3
2. The TIMING of this just when Bitcoin is going thru the worst point of its scaling political problems is "interesting" to say the least
3. Achieving #3 Market Cap Position, Dash gains very valuable media attention and Internet "chatter" - "success breeds success!" in theory
4. This apparent "victory" of DASH as "King of Alts" as "Bitcoin 2.0" then leads to (they hope?) actual MERCHANT ADOPTION...
5. Merchant adoption provides users someplace to actually spend their Dash at faster and cheaper transactions than FAILING BITCOIN can do!!
6. Virtuous-Cycle of #3 to #4 to #5 continues a while (they hope?)
7. Finally... number #6 goes on long enough to take on its own life BEFORE THE PUMPERS run out of FUEL and the whole efforts crashes and burns...?

Is it really just a Poloniex-based, simple P&D operation as seen before, but just THIS TIME on a larger scale than's ever been attempted previously??

The Dash scam won't even come close to touching Pirate's record for BTC lost in a HYIP P&D.

All that you say is true, and more.

Take what you wrote and magnify it by the effort Roger Ver is putting into making Bitcoin look bad via shitcoin jesusing.

He's pumping Dash because he needs it to take as much of the oxygen out of Bitcoin's room as possible.

Pumping Dash feeds Ver's false narrative about 'zomg Bitcoin is loosing precious retail coffee transactions!!121!.'  

The Dash community has identified a legitimate flaw in Bitcoin, the blocksize scaling / lack of tail emission issue, and then used this in a marketing pump for Dash. The problem with this is that Dash has the very same flaw, as Bitcoin, only worse, since in Dash the falling block reward has not only to support the miners but also the masternodes and their project budget. All of this has nothing to do with the controversy over the Dash instamine.

Coins that do not have this issue because they have a tail emission include Ethereum, but not Ethereum Classic, Monero, Dogecoin and Aeon. DigitalNote has a tail emission but it may be way too small. Monero has an adaptive blocksize limit and the fee structure to go along with it. It would not be difficult to retrofit Dogecoin with a similar adaptive blocksize limit / fee structure, and in principle although more complex it should be possible to do this with Ethereum.

Monero like adaptive blocksize limits without a tail emission will lead to an insecure coin. Bytecoin, and many Cryptonote coins for example are living on borrowed time because of this. The way to understand this is how fees work in Monero, where fees are proportional to the (emission) / (Effective median blocksize). If the emission goes to zero then so do the fees and the coin becomes insecure. This by the way is the concern of many in Bitcoin Core who choose security over scaling for obvious reasons.

I have not seen a solution to the fee / scaling issue for Bitcoin and similar coins with a fixed total number of coins, other than having the blocksize set by a miner vote. (BIP100 type solutions) https://en.bitcoin.it/wiki/Scalability_FAQ. This may work in a competitive environment where Bitcoin is competing with other payment solutions; however it could also lead to a situation where a mining cartel tries to take the market cap for themselves.

Edit 1: The Dash market cap is around 530,000 XBT and I understand that the pirateat40 losses were closer to 700,000 XBT. Still it is getting close.
Edit 2: It is possible to use demurrage to generate miner rewards while keeping the total number of coins constant, as in Freicoin. Demurrage may also work generate to miner rewards in order to secure sidechains with a fixed number of coins.

[bobabouey2]

Anyone else super excited about the new alt being developed by FluffyPony and Peter Todd?  

https://twitter.com/fluffyponyza/status/842466301922676737

TreeNeroChains: One-time Ring Sig P2P Untraceable Electronic Cash
System & Consensus Algo

https://t.co/Jk2oWIm882

[explorer]

That 6,500 loss at the casino last few weeks has put a hurting on me. Damn why did I miss the initial spike! :|

Starting to see a pattern here

[iCEBREAKER]

The Dash community has identified a legitimate flaw in Bitcoin, the blocksize scaling / lack of tail emission issue, and then used this in a marketing pump for Dash. The problem with this is that Dash has the very same flaw, as Bitcoin, only worse, since in Dash the falling block reward has not only to support the miners but also the masternodes and their project budget. All of this has nothing to do with the controversy over the Dash instamine.

Coins that do not have this issue because they have a tail emission include Ethereum, but not Ethereum Classic, Monero, Dogecoin and Aeon. DigitalNote has a tail emission but it may be way too small. Monero has an adaptive blocksize limit and the fee structure to go along with it. It would not be difficult to retrofit Dogecoin with a similar adaptive blocksize limit / fee structure, and in principle although more complex it should be possible to do this with Ethereum.

Monero like adaptive blocksize limits without a tail emission will lead to an insecure coin. Bytecoin, and many Cryptonote coins for example are living on borrowed time because of this. The way to understand this is how fees work in Monero, where fees are proportional to the (emission) / (Effective median blocksize). If the emission goes to zero then so do the fees and the coin becomes insecure. This by the way is the concern of many in Bitcoin Core who choose security over scaling for obvious reasons.

I have not seen a solution to the fee / scaling issue for Bitcoin and similar coins with a fixed total number of coins, other than having the blocksize set by a miner vote. (BIP100 type solutions) https://en.bitcoin.it/wiki/Scalability_FAQ. This may work in a competitive environment where Bitcoin is competing with other payment solutions; however it could also lead to a situation where a mining cartel tries to take the market cap for themselves.

Edit: The Dash market cap is around 530,000 XBT and I understand that the pirateat40 losses were closer to 700,000 XBT. Still it is getting close.

The Dash community doesn't even understand that cryptography is the basis for cryptocash.  Their pump is the work of Roger Vermin and Team Gavin trying to steal Bitcoin's ETF/ATH limelight.

AFAIK Bitcoin's static blocksize is currently working better than Monero's dynamic one and will continue to do so until April 15 at the very earliest.

What happens after that, and in the far future of tail emissions, is anyone's guess.

The more certainty you proclaim about the outcomes of those future events the more credibility you lose.

Of course deducing matters of fact from relations of ideas is a fun game, but it's important to avoid hubris and be honest about the limitations of divining matters empirical.

[Hueristic]

Anyone else super excited about the new alt being developed by FluffyPony and Peter Todd?  

https://twitter.com/fluffyponyza/status/842466301922676737

TreeNeroChains: One-time Ring Sig P2P Untraceable Electronic Cash
System & Consensus Algo

https://t.co/Jk2oWIm882

Lol, this looks like a joke.

CryptoGuppy‏ @Crypto_Guppy 3h3 hours ago

@fluffyponyza How many flavours are there?!
2 replies 0 retweets 0 likes
Riccardo Spagni‏Verified account @fluffyponyza 3h3 hours ago

@Crypto_Guppy I've published 3 paper in like 20 minutes, I think I'm going to take a break and plan the ICO
2 replies 0 retweets 3 likes
CryptoGuppy‏ @Crypto_Guppy 3h3 hours ago

@fluffyponyza Hmmm, thanks, there goes my weekend...
But seriously, awesome work!
1 reply 0 retweets 0 likes
Riccardo Spagni‏Verified account @fluffyponyza 3h3 hours ago

@Crypto_Guppy Don't thank me, thank the Koinster whitepaper generator: https://whitepaper.koinster.com/
1 reply 3 retweets 5 likes

[Hueristic]

That 6,500 loss at the casino last few weeks has put a hurting on me. Damn why did I miss the initial spike! :|

Starting to see a pattern here

True, I noticed see it as well last year, it's about an 8 month oscillation.

BTW just got this email, It made me want to puke.

Kraken is launching support for trading Melon tokens (MLN). Built on the Ethereum network, Melon is a protocol for managing digital assets that is decentralized, modular, transparently auditable, and low cost. MLN tokens cover the platform usage fee and are used to reward developers who build Melon modules. Melonport, the company behind Melon, had a very successful Initial Coin Offering (ICO), hitting its target of 227,000 ETH (currently worth about $6.5 million) within 10 minutes.

[bobabouey2]

Anyone else super excited about the new alt being developed by FluffyPony and Peter Todd?  

https://twitter.com/fluffyponyza/status/842466301922676737

TreeNeroChains: One-time Ring Sig P2P Untraceable Electronic Cash
System & Consensus Algo

https://t.co/Jk2oWIm882

We do not consider TreeNeroChains as a full replacement to Bitcoin. On the contrary, having two (or more)
strong and convenient currencies is better than having just one. Running two and more different projects in
parallel is the natural flow of electronic cash economics.

Interesting.....


Edit: From his twitter:

Riccardo Spagni‏Verified account @fluffyponyza 3h3 hours ago

Don't take the 3 papers I tweeted as serious, I used the Koinster whitepaper generator for altcoin-quality papers: https://whitepaper.koinster.com/
2 replies 2 retweets 9 likes

Aww, spoilsport...

[explorer]

SELL ORDERS Total: 128534.53141440 XMR         BUY ORDERS Total: 2623.91310833 BTC

This is bullish 

[tat123]

Really thought the BTC ETF would double my BTC in maybe a month or so. Instead XMR did it in 6 days?? I said my target was .0225 the other day, but that seems like a given now. Wonder how many more folks will hedge with Monero? The longer I hedge, the more I read the forums, and my interest grows. Clever marketing boyz

[bobabouey2]

SELL ORDERS Total: 128534.53141440 XMR         BUY ORDERS Total: 2623.91310833 BTC

This is bullish 

Agree.  My recollection is during the big run in August 2016, buy side was well above 3,000 BTC (which we haven't seen for a while), but sell side was also in the 200,000+ range (maybe even over 300k)...

Probably because Monero whales hodling to spend on the Treenero ICO...