[XMR] Monero Speculation

[OrangeP]

It's a bad news in a thread when people start talking about their fantasy dream prices in the future and not what the present reality is.  It reeks of desperation and that is not encouraging.

XMR underperformed in the recent alt mania, but it is still up over 50% in about a week in USD terms, so I'm trying not to complain too loudly.  I wish there was more aggressive active development around this coin, but I still believe in it and I have a large chunk of my funds invested.

The market doesn't seem too enamored by it at the moment.  Maybe that will change or maybe not, but time will tell.

Monero is and will be a niche coin.
I think it's fine to dream. This is speculation after all.
When XMR was 30 cents, $30 was a dream.

[BlindMayorBitcorn]

It's a bad news in a thread when people start talking about their fantasy dream prices in the future and not what the present reality is.  It reeks of desperation and that is not encouraging.

Welcome newbie 

It is a speculation thread but nevertheless, I think the majority of participants here are grounded and objective.

If you want desperation you should check out Adam's wall observer threadhttps://bitcointalk.org/index.php?topic=178336.0....tell them they 'reek of desperation' and see how long you last before being bashed by the BTC cultists. 

Some of us are alright. 

[aminorex]

Monero is and will be a niche coin.

Until it isn't.  That particular niche is a peculiarly viral one, under the right conditions - conditions such as financial repression, bail-ins, quantitative easing, negative interest rates, confiscatory taxation, capital controls, counterparty chain failures, trade globalization, commodity deflation, sovereign instability, overregulation of trade, graft and extortion, kidnappings, class war, Owellian surveillance, corporate secrecy.  Oh, and then there is scalability...

If the world were becoming a safer, more congenial place, in which human dignity and self-determination was in the ascendance, the importance of privacy might erode over time.  If instead it becomes more dangerous, less stable, if the power of the rapacious rises, and confidence in the social, political, legal and economic paradigm declines, then the appeal of privacy, and it's market value, will rise, or even explode.

My view is that the probability mass is firmly on the latter side, culminating in a failure of old paradigms, and their replacement with new ones which are more robust to the causes of recent instability, and better adapted to the new opportunities which arise in the meantime.

We can calibrate from the mid-2013 precedent what marketcap is suppored by DNMs alone (accounting for their growth, and scaling by present market share).  It is enough to make it feasible to transact in a freely floating crypto at most practical sizes.  Securing wealth will drive the big gains after some such threshold is passed.  Confidential corporate transactions would suffice to take it "mainstream" soon thereafter.

[c789]

I've discovered the secret to making the XMR price dip. If I don't check the price for more than an hour...dip! Equally amazing: when I return to the computer/check the phone, the price has already climbed a respectable distance out of the dip. 

If any of you are looking to time a dip and scoop up relatively cheap XMR, just PM me some XMR and I will walk away for 90 minutes.

[OrangeP]

Monero is and will be a niche coin.

Until it isn't.  That particular niche is a peculiarly viral one, under the right conditions - conditions such as financial repression, bail-ins, quantitative easing, negative interest rates, confiscatory taxation, capital controls, counterparty chain failures, trade globalization, commodity deflation, sovereign instability, overregulation of trade, graft and extortion, kidnappings, class war, Owellian surveillance, corporate secrecy.  Oh, and then there is scalability...

If the world were becoming a safer, more congenial place, in which human dignity and self-determination was in the ascendance, the importance of privacy might erode over time.  If instead it becomes more dangerous, less stable, if the power of the rapacious rises, and confidence in the social, political, legal and economic paradigm declines, then the appeal of privacy, and it's market value, will rise, or even explode.

My view is that the probability mass is firmly on the latter side, culminating in a failure of old paradigms, and their replacement with new ones which are more robust to the causes of recent instability, and better adapted to the new opportunities which arise in the meantime.

You are right on everything except that the majority of people care. When the current paradigm breaks, an even more non free society will overtake. Socialism is on the rise.

1: People will use the most convenient payment method. Not the most private.
2: Governments will condemn the use of anon coins.

[elrippo]

This dump is great. I think it's done by someone who wanted to jump in on the rising Bitcoin price.
Took the opportunity to place a decent buy order. I moved the price up one euro. Sorry for the others who were hoping for cheap monero but it's still cheap compared to the 29 euros of yesterday!

Well played whale 

[elrippo]

The following clauses hold true in 50.01% or higher probability (in my opinion), so I can bet 1:1 on anyone (OTC, any amt&currency(or cross-currency)) who does NOT believe (every item is a separate bet in this case);

if you bet (correctly) that:
A) nothing happens, I pay 7:1;

if you bet that
B) at least one does not happen (and they all do, by 31.12.2017), you pay 7:1):


CLAIMS:

1. Bitcoin (BTC) will reach $2000 this year.

2. Monero (XMR) will reach $50 this year.

3. CK will reach $100 million market cap this year.


I am open to favorable early settlements. I need to raise about $10 million to pay my debts.

Oohhh my god, you are playing with your life right now 

[aminorex]

You are right on everything except that the majority of people care. When the current paradigm breaks, an even more non free society will overtake. Socialism is on the rise.

1: People will use the most convenient payment method. Not the most private.
2: Governments will condemn the use of anon coins.

The less free the society, the more need and value in privacy.  Convenience can rule only until fear kicks in.  Anyhow, Monero will only become more convenient over time. Besides which, popular use doesn't really impact the price nearly so much as *large* use.  Especially large *reserve* use.  People don't get to vote on this question - dollars do (or eur, gbp, rmb, jpy etc.).

[rpietila]

Oohhh (i)my god, you are playing with (ii)your life right now 

i) AT EASE.

ii) How much, and which one?

[Mallyx]

The following clauses hold true in 50.01% or higher probability (in my opinion), so I can bet 1:1 on anyone (OTC, any amt&currency(or cross-currency)) who does NOT believe (every item is a separate bet in this case);

if you bet (correctly) that:
A) nothing happens, I pay 7:1;

if you bet that
B) at least one does not happen (and they all do, by 31.12.2017), you pay 7:1):


CLAIMS:

1. Bitcoin (BTC) will reach $2000 this year.

2. Monero (XMR) will reach $50 this year.

3. CK will reach $100 million market cap this year.


I am open to favorable early settlements. I need to raise about $10 million to pay my debts.

You are really delusional af. Get a head and start using it, please and stop ripping off the people who trusted you, piece of shit asshole loser scammer.  

https://bitcointalk.org/index.php?topic=1890786.msg18782403#msg18782403

Gambling to pay your debts ?
Just sell you castle maybe ?

[rpietila]

Gambling to pay your debts ?

Yeah. But I have pocket nails (AA).

Just sell you castle maybe ?

100,000,000,000 in [certs; game] or equivalent.

[Whtwabbit]

Monero is and will be a niche coin.

Until it isn't.  That particular niche is a peculiarly viral one, under the right conditions - conditions such as financial repression, bail-ins, quantitative easing, negative interest rates, confiscatory taxation, capital controls, counterparty chain failures, trade globalization, commodity deflation, sovereign instability, overregulation of trade, graft and extortion, kidnappings, class war, Owellian surveillance, corporate secrecy.  Oh, and then there is scalability...

If the world were becoming a safer, more congenial place, in which human dignity and self-determination was in the ascendance, the importance of privacy might erode over time.  If instead it becomes more dangerous, less stable, if the power of the rapacious rises, and confidence in the social, political, legal and economic paradigm declines, then the appeal of privacy, and it's market value, will rise, or even explode.

My view is that the probability mass is firmly on the latter side, culminating in a failure of old paradigms, and their replacement with new ones which are more robust to the causes of recent instability, and better adapted to the new opportunities which arise in the meantime.

You are right on everything except that the majority of people care. When the current paradigm breaks, an even more non free society will overtake. Socialism is on the rise.

1: People will use the most convenient payment method. Not the most private.
2: Governments Mummy will condemn the use of anon coins.

[drawingthesun]

Long time holder here, I would like answers to the following:

1. Do people still believe in XMR as a long term hold? (I do).

2. Is development still active?

3. What happened to rpietila? I thought he was the Monero investment jesus, what happened?

[nanobrain]

We're taking quite a battering today...not helped by the DDoS attacks Polo seems to be attracting.

Are you cashing out Risto?

That's quite a trust rating you are nurturing there....I'd put a but I know its no fun being a creditor with no credible possibility of being reimbursed.

I hope you find your way out of the dark place you find yourself at present (and make good to those you have let down).

[rpietila]

1. Do people still believe in XMR as a long term hold? (I do).

I as well (5% of portfolio).

2. Is development still active?

IDNTGAF&IIRC&AFAIK&ETC: YES.

3. What happened to rpietila? I thought he was the Monero investment jesus, what happened?

HE IS (HIM).

[nanobrain]

Long time holder here, I would like answers to the following:

1. Do people still believe in XMR as a long term hold? (I do).

2. Is development still active?

3. What happened to rpietila? I thought he was the Monero investment jesus, what happened?

1. Yes...and I reckon most here feel the same too.

2. Yes.  Oh yes.

3. Risto has had his problems, which seem to have spiralled out of control (see the previous pages for a couple of links to other threads).  I don't think his situation is any reflection on XMR or its potential.

[rpietila]

HOE U ESTONIAN (::Revalia/n) GIRL; WHAT T F U(+W(?), xN(??)) WANT (CAN/MUS/AYA*)?


*In Finnish: 'ai jaa' == 'GIVE FUCK (~)0'**
** Bluetext(rare=3)***
*** BOB(Blue_On_Blue)(rare=6)
(.)

[c789]

Long time holder here, I would like answers to the following:

1. Do people still believe in XMR as a long term hold? (I do).

2. Is development still active?

3. What happened to rpietila? I thought he was the Monero investment jesus, what happened?

1. Definitely.

2. Yes, very active. See https://github.com/monero-project, especially monero and monero-core. Multisig, Kovri I2P, and mobile are in the works.

3. Looks like he's here.

[Globb0]

Nor is it to do with XMR speculation

[CryptoPH]

It's a bad news in a thread when people start talking about their fantasy dream prices in the future and not what the present reality is.  It reeks of desperation and that is not encouraging.

XMR underperformed in the recent alt mania, but it is still up over 50% in about a week in USD terms, so I'm trying not to complain too loudly.  I wish there was more aggressive active development around this coin, but I still believe in it and I have a large chunk of my funds invested.

The market doesn't seem too enamored by it at the moment.  Maybe that will change or maybe not, but time will tell.

Monero is and will be a niche coin.
I think it's fine to dream. This is speculation after all.
When XMR was 30 cents, $30 was a dream.

Yeah, I still remember >$25 was the target when XMR was at $0.50.
I didn't believed the target price at $30 within a year back then.
I was wrong, we even exceeded it to $35.
I must say, $100 should be easy at the end of this year or next year.