[XMR] Monero Speculation

[Genesis1337]

what are yalls theories to why dash & ethereum are out performing us so big league

people exiting btc and entering alts due to hard fork scare. also i think roger ver could be behind a large part of dash and ethereum pump (since he owned so much btc)

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[KeyJockey]

ATH in sight?   Are we bullish?

We've been dancing up to the line all weekend I think, pinging it falling back pinging it falling back etc etc LOL

Chart looks like it's getting right near there to the peak of the craziness end of last summer BUT this time is a smoother ramp up, so maybe that's better?

Someone remind me though exactly what was the ATH peak then, both in terms of BTC and dollar value? 

Things changed so much in BTC in the interim I can't even remember LOL

[Febo]

ATH in sight?   Are we bullish?

We've been dancing up to the line all weekend I think, pinging it falling back pinging it falling back etc etc LOL

Chart looks like it's getting right near there to the peak of the craziness end of last summer BUT this time is a smoother ramp up, so maybe that's better?

Someone remind me though exactly what was the ATH peak then, both in terms of BTC and dollar value?  

Things changed so much in BTC in the interim I can't even remember LOL

BTC ATH is from 3rd September and is 0.0265
USD ATH is from few days ago and i sort of did not remembered it since am sure will be changed.  Maybe was 17th March $25.5

[hiddensphinx]

USD ATH happened on March 13 (USD $18)..we are now way above that (USD $23)

[kurious]

what are yalls theories to why dash & ethereum are out performing us so big league

Go back a bit in this thread and read my posts lately regarding possible Hail Mary Pass gambit by DashMasters, i.e. last ditch attempt to buy some kind of market adoption, merchant acceptance, etc, to get actual *transactions* going "artificially" in order to 'legitimize' their scamcoin project ... before other coins (cough xmr cough) take over real market segments like the DMN's and coinbase adoption, etc.

Most here have pretty much shot down my idea on theory that it's simpler and more likely just a straight up Pump & Dump (same as has been done with Dash several times before already, just look at the chart, albeit THIS time on a much grander scale)...

But unless and until the DUMP actually comes I am going to very carefully try to monitor actual Dash transaction volumes just in case they really *are* doing something like this.  It's a desperate play but may actually have a small chance to succeed... maybe (?)

That's re: Dash anyway.  As for ETH?  No clue LOL

I read all your posts with interest, Sir.  And I think it has been more than a straight P&D, but not sure how they think they can increase adoption when even BTC has little 'mass' adoption.

They have been vying for (ok, buying) a position which puts them as a pretender to the throne with their actions, though.  How far it will work remains to be seen.

What has been happening is an alts bubble, which has pushed BTC share of all crypto down to around 70%.  This is a huge fall in BTC market share.  It's probably due to the near civil war over the blockchain scaling solution, which does not look like being solved very soon and may even result in a contentious fork.   Also post-ETF excitement, you are left looking at transaction time backlogs and increasing fees to get through as fundamentally forcing BTC retreat to a position as 'the settlement system' and abandoning the 'buy your coffee with BTC' market - as mass adoption will be impossible for BTC to deal with as it stands. Bitcoin cannot even think of competing with Visa.

Step up the first alt that wants to be accepted in every Starbucks?

ETH is hugely above Dash and XMR in terms of market cap - it's over $4 billion.  Most of that non-BTC 30% BTC cannot claim is currently ETH, due to its rise in size and market importance.   I can't see it disappearing in a hurry and had it not been for the DAO disaster and fork, I think it would been 'heir apparent' to BTC already.

We are still in the top 3 alts and as such a contender - and we have a tech superior to Dash and of course fungibility by default.

So if Dash fails (and I think it will stumble) then it's us and ETH (for now).

Not bad for the 'no marketing' coin

[NeuroticFish]

So if Dash fails (and I think it will stumble) then it's us and ETH (for now).

DASH is a sound success now. That means people will start investigating more about its background. We know what will happen next.
From what I've read ETH code is big and badly written, so it's all about when the next bug(s) or exploit(s) will pop out.

So the question is: when will XMR reach 100$? It means just a little over 4x rise from this point!

[ujang1]

So if Dash fails (and I think it will stumble) then it's us and ETH (for now).

DASH is a sound success now. That means people will start investigating more about its background. We know what will happen next.
From what I've read ETH code is big and badly written, so it's all about when the next bug(s) or exploit(s) will pop out.

So the question is: when will XMR reach 100$? It means just a little over 4x rise from this point!

After such growth as at DASH, I will not be surprised at such a price here

[Nydan]

In case of Dark coin people are realizing the benefits of marketing. If you have limited supply and marketing machine creating demand it is obvious that the price rises.
In case of ETH, there are rumors (haven't checked because not so interested) that Alphabay is implementing Etherium.

This is indeed true... I was just on alphabay and this is the most recent update


"March 18th, 2017
We are implementing Ethereum acceptance and the new currency, including deposits and withdrawals, will be fully operational on May 1st, 2017"

Anyone care to speculate on what this could mean for monero? I personally am gunna HODL and ignore ETH like i always have

[TrueCryptonaire]

In case of Dark coin people are realizing the benefits of marketing. If you have limited supply and marketing machine creating demand it is obvious that the price rises.
In case of ETH, there are rumors (haven't checked because not so interested) that Alphabay is implementing Etherium.

This is indeed true... I was just on alphabay and this is the most recent update


"March 18th, 2017
We are implementing Ethereum acceptance and the new currency, including deposits and withdrawals, will be fully operational on May 1st, 2017"

Anyone care to speculate on what this could mean for monero? I personally am gunna HODL and ignore ETH like i always have

I think this has nothing to do with XMR. I am personally more worried about the lack of marketing. A coin cannot hold its value given ongoing inflation unless the demand for the coins is not minimum on the level of supply (both from the emission and from the bags of the bagholder community). 

Roger Ver has now even more wealth - perhaps he will be interested to show some more love to the Monerians?

[encryptedcharms]

DASH is a sound success now. That means people will start investigating more about its background. We know what will happen next.
From what I've read ETH code is big and badly written, so it's all about when the next bug(s) or exploit(s) will pop out.

So the question is: when will XMR reach 100$? It means just a little over 4x rise from this point!

Just because the price goes up does not mean something is a success.  It will always have been based on a scam launch which is itself is based on flawed and broken technology.  It could go to googol dollars each and that wouldn't change.

[Febo]

In case of Dark coin people are realizing the benefits of marketing. If you have limited supply and marketing machine creating demand it is obvious that the price rises.
In case of ETH, there are rumors (haven't checked because not so interested) that Alphabay is implementing Etherium.

This is indeed true... I was just on alphabay and this is the most recent update


"March 18th, 2017
We are implementing Ethereum acceptance and the new currency, including deposits and withdrawals, will be fully operational on May 1st, 2017"

Anyone care to speculate on what this could mean for monero? I personally am gunna HODL and ignore ETH like i always have

It will have zero meaning for Monero price . Same as it will have zero meaning on Bitcoin price that is far most used currency on Alphabay.  On first May it will have for sure some meaning for Ethereum price.

[infofront]

I don't think this was posted yet:

"This chart looks delightful.  Pricetime has only just crossed the 1st arc pair.  The 3rd arc pair is a good first target at $26, but it would not surprise me at all if it went to the 5th pair, at ~$36



All in all, it appears that for now at least, the so-called ‘altcoins’ have taken center stage.  Bitcoin may resume its run in the not-distant future, but for the time being, the money is rolling into several of the better-known of her siblings in the crypto space."

https://hacked.com/analysis-ethereum-reached-peak-another-cryptocurrency-monitor/

[TrueCryptonaire]

DASH is a sound success now. That means people will start investigating more about its background. We know what will happen next.
From what I've read ETH code is big and badly written, so it's all about when the next bug(s) or exploit(s) will pop out.

So the question is: when will XMR reach 100$? It means just a little over 4x rise from this point!

Just because the price goes up does not mean something is a success.  It will always have been based on a scam launch which is itself is based on flawed and broken technology.  It could go to googol dollars each and that wouldn't change.

What is the scam part of dark coin?
Who has been ripped off and how much the losses are?

The fact that someone has premined a lot of coins doesn't make it scam but the performance. Dark coin seems to be legit project with premine funding. Bear in mind, the whole fiat system is based on monopolistic "mining" but nobody sane will scream in front of E.C.B. "scam scam scam!".

[megges]

DASH is a sound success now. That means people will start investigating more about its background. We know what will happen next.
From what I've read ETH code is big and badly written, so it's all about when the next bug(s) or exploit(s) will pop out.

So the question is: when will XMR reach 100$? It means just a little over 4x rise from this point!

Just because the price goes up does not mean something is a success.  It will always have been based on a scam launch which is itself is based on flawed and broken technology.  It could go to googol dollars each and that wouldn't change.

If you scroll back a few hundered pages, you'll see that there was a time, when monero was outperforming dashs marketcap.
At this time, almost everyone in here was circle jerking about how superior monero is to dash, because marketcap shows that.
There were also a lot of pictures posted, that shown how much faster monero is growing and how past behind dash is (monero cars with little dash cars in the rear mirror) ...

Everyone in here was laughing about how dash failed because monero got over dashs marketcap, they even came in masses to the dash thread to post there circle jerking.

Now dash has outperformed moneros marketcap - and now guys, like you are telling that the marketcap has nothing to do with success.

Also i did not see any posts in here from dash people laughing about monero, zero ! instead monero guys are asking questions in here about dash - do you see a difference?

All the time it was said, dash is trolling monero and thats because why monero is trolling and discrediting dash - but i see nothing in here, where are these bad dash people?

I don't wan't to be rude, but for real the kindergarden is here and not at dash.

And many many people lost a fuckload of money because fluffy was telling everybody how bad dash is, right before it sprung x10. These people shorted dash because they beliefed fluffy, and lost all, these shorters are the ones which made the dash price rise exponential bigger than it would have been without the shorting. And they shorted because dash is so bad and its just a pump and dump scam coin and so on, at least everybody told them so - for them 20 dollar a dash was hardly overpriced, look where dash is now.

If you ask for who was scammed by dash, you won't find one (at least noone who was buying in the last 3 years), because price went from ath to ath, there could no one be scammed per definition, because noone could have lost with ath after ath. (for me a scam is if someone loses money! - ofc thats my definition, but its true!). On the other hand lots and lots of people lost money because they shorted dash after all that "its a total scam coin" definition from fluffy and his friends with all these cool videos...

Better think about that, before you say dash is a scam!

[obit33]

...

it's a scam, zero real world usage...

https://twitter.com/ARKblockchain/status/834841078234767360

number of dash transactions per day has gone nowhere since launch


compare to xmr:

http://monerostats.com/charts/?type=transactions

steady uptrend in number of transactions per day...

market cap is a very bad measure of success!

best regards,

[KeyJockey]

...blah blah blah...

Better think about that, before you say dash is a scam!

Hi Megges:

Yah okay everything you say MAY be true I suppose, but IF and ONLY IF... THIS time, is NOT like the PAST.

Relinking, again, from an earlier post...



CONTRAST to the XMR chart over TIME where we see a much more natural, organic, relatively *steady* rise (except for the DMN hype spike last summer) and unless and until the Dash transactions volume (i.e. real transactions by real people buying and selling real things, not just DashMasters flipping coins around)... well, remains to be seen if you have anything to crow about yet or not.

We'll check back on this post in, say, six months to a year and see where things are then, m'kay?  LOL

[DaveyJones]

what are yalls theories to why dash & ethereum are out performing us so big league

Go back a bit in this thread and read my posts lately regarding possible Hail Mary Pass gambit by DashMasters, i.e. last ditch attempt to buy some kind of market adoption, merchant acceptance, etc, to get actual *transactions* going "artificially" in order to 'legitimize' their scamcoin project ... before other coins (cough xmr cough) take over real market segments like the DMN's and coinbase adoption, etc.

Most here have pretty much shot down my idea on theory that it's simpler and more likely just a straight up Pump & Dump (same as has been done with Dash several times before already, just look at the chart, albeit THIS time on a much grander scale)...

But unless and until the DUMP actually comes I am going to very carefully try to monitor actual Dash transaction volumes just in case they really *are* doing something like this.  It's a desperate play but may actually have a small chance to succeed... maybe (?)

That's re: Dash anyway.  As for ETH?  No clue LOL

Not so unlikely... they only need to keep the narrative alive long enough.

[BitcoinNewsMagazine]

Monero did not blast through the ATH as some expected but trend has definitely reversed; though I think market is overheated and time for a correction. Any price under .020 should be considered a gift. Consider loading up when a correction comes but also be careful of a double top at the ATH. If the ATH is taken out on volume buy on pull backs to support of course.

[megges]

...

it's a scam, zero real world usage...

https://twitter.com/ARKblockchain/status/834841078234767360

number of dash transactions per day has gone nowhere since launch


compare to xmr:

http://monerostats.com/charts/?type=transactions

steady uptrend in number of transactions per day...

market cap is a very bad measure of success!

best regards,

Here you go some charts, just in case you want to make your own research instead of just repeating what others say ...

https://bitinfocharts.com/comparison/transactions-dash.html (since 01/2017 from ~1.5k to ~8.5k tx a day!)

...blah blah blah...

Better think about that, before you say dash is a scam!

Hi Megges:

Yah okay everything you say MAY be true I suppose, but IF and ONLY IF... THIS time, is NOT like the PAST.

Relinking, again, from an earlier post...



CONTRAST to the XMR chart over TIME where we see a much more natural, organic, relatively *steady* rise (except for the DMN hype spike last summer) and unless and until the Dash transactions volume (i.e. real transactions by real people buying and selling real things, not just DashMasters flipping coins around)... well, remains to be seen if you have anything to crow about yet or not.

We'll check back on this post in, say, six months to a year and see where things are then, m'kay?  LOL

i'm quite sure the dash price will correct, after all shorters have been burnt, dunno if there are still some left, but with all that hate i guess some will sell theire mother to short dash.
(But i won't bet on it. The hate against dash is still very high, so there could easy be another pump by these shorters.)

And that was exactly my point, this dash price is in a bubble right now (the same monero was when it was added to dnms), perhaps it can go another x10 perhaps even x100 who knows?! - But the shorters think they know better because they heared everywhere how bad dash is, ask fluffy im sure he will tell you, and thats where people get burnt hard - if you wan't to talk about scams, perhaps you wanna talk about those scammed people that lost real money!!

And yes marketcap has not so much to do with "how good or bad a coin is" - the funny thing is, now you agree with me on that, but last time moneros marketcap was higher than dashs, marketcap was for sure an indicator of success - at least thats what everybody told in here at the time - thats what i mean with kindergarden!

[TrueCryptonaire]

When will Coinbase make up their mind wether to add Xmr or not? If that will be announced I am expecting huge increase in Monero's price and probably new trading range.