[XMR] Monero Speculation

[explorer]

We don't murder scammers, okay?

Well...gee...okaaaay, I guess. But is it technically really murder?

I think it's like coyotes and gophers...  Sort of a do what you want policy, to reduce the pest level.

[aminorex]

that's quite a bit of tx in the mempool with $12+ fees per tx... 

I have pretty much given up on btc at this point.  My last xn with "priority" fee designation in mycelium took over 48 hours to confirm, and from all I hear I was a lucky one.

Conclusion: miners are making book on small blocks, and are disincentivized to either segwit/lightning or unlimited until it comes to the brink of collapse.  How long are they willing to play chicken? I don't know.  It may not end until everyone has gone off the cliff, for all I know.

[Chicken76]

1) It has an adaptive blocksize limit with a minimum emission of 0.6 XMR. ...

I think I remember correctly that it was 0.3 XMR, not 0.6.

[mnemonicsoup]

I think it's too early for BTC to decline. Faith in BTC encourages faith in the entire cryptosphere. I also think BTC and Monero profit from each other, if Monero alone was successful it would be much easier for regulators to go against it. BTC is a great store of value (like gold) and Monero is the cash that BTC needs. A symbiotic relationship between these two might prove much more fruitful than one of them declining while the other one rises.

[Johnny Mnemonic]

1) It has an adaptive blocksize limit with a minimum emission of 0.6 XMR. ...

I think I remember correctly that it was 0.3 XMR, not 0.6.

0.3 XMR per minute. Now that block times are 2 minutes, the subsidy is 0.6 XMR.

[DancingbearPH]

xmr has great potential, first bought in at  12$!

[rinus]

Monero Monero Monero ! Got to love it . As this is speculation thread, how big is the chance tot we see 100 this year, 2017?

[novag]

Now there is a silent purchase of Monero.

[Chicken76]

0.3 XMR per minute. Now that block times are 2 minutes, the subsidy is 0.6 XMR.

Ah, forgot about the block time change. Thank you.

[infofront]

What's up with the low volume today?

[linkybit]

Its keep going Up and probably touches $50 soon.

[aminorex]

Monero Monero Monero ! Got to love it . As this is speculation thread, how big is the chance tot we see 100 this year, 2017?

I give it a 38% chance of holding 100 for 5 minutes or more before 2018, reasoning backward from current pricing, assuming the market discounts information efficiently, and applying uninformative priors.

[DancingbearPH]

I don't think we can see 50 soon. Many bagholders are unhappy cause of fluffy and dump after price rose

[Fragbait]

So that they can unjustly enrich themselves at your expense without an excessive fear of civil penalties.  I am frankly surprised that I haven't heard of any actual scammer deaths by mob vigilantism, in crypto, lo these many years.  Wassup with that?  

I really don’t think that will happen any time soon (although I could be wrong). First, the cryptocurrency market is international, meaning your “scammer” could be halfway around the world making it very hard for you to try to get revenge. Second, I really don’t see somebody who wants to get revenge over a failed cryptocurrency having the resources to pack up and track somebody down. Third, is the actual killing part. It’s very hard to kill somebody and get away with it, at least in a 1st world country, not to mention you never know what condition your victim is in (for all you know he could have a gun in his back pocket or a black belt).

First hit in the google: https://www.quora.com/How-do-I-hire-a-Hitman/answer/Carla-Smith-54

And soon anyone who owns at least 1 BTC will have enough funds to use these services.

[klee]

https://twitter.com/hackerfantastic/status/870577302731706368

The @shadowbrokerss now accept payment in Monero https://steemit.com/shadowbrokers/@theshadowbrokers/theshadowbrokers-monthly-dump-service-june-2017-update

[Zegra]

I don't think we can see 50 soon. Many bagholders are unhappy cause of fluffy and dump after price rose

Exactly. That's the reason we will encounter MANY bears until 0.022-0.025. We could have broken this earlier very easily, but now we'll have to wait a long time until buy pressure is high enough to break that wall. Investing in XMR is very long term. Well, very long term in cryptotime, which is still much faster than the regular stock market :')

[CryptoPH]

I don't think we can see 50 soon. Many bagholders are unhappy cause of fluffy and dump after price rose

Exactly. That's the reason we will encounter MANY bears until 0.022-0.025. We could have broken this earlier very easily, but now we'll have to wait a long time until buy pressure is high enough to break that wall. Investing in XMR is very long term. Well, very long term in cryptotime, which is still much faster than the regular stock market :')

Well, long term relative to Ethereum, Ripple and NEM with respect to price appreciation. 

[Whtwabbit]

https://twitter.com/hackerfantastic/status/870577302731706368

The @shadowbrokerss now accept payment in Monero https://steemit.com/shadowbrokers/@theshadowbrokers/theshadowbrokers-monthly-dump-service-june-2017-update

They had to accept Monero because it was to obvious they were only accepting a DOD funded coin
http://www.timesofisrael.com/zcash-the-israeli-developed-virtual-money-starts-to-make-its-mark/

[JGoRed]

Its keep going Up and probably touches $50 soon.

I think we’ll get there, although Monero seems stabler that a lot of coins so it probably won’t rise as fast. Nevertheless, it’s probably going to go on a slow but steady upward climb to 50 and beyond.

[Nathan047]

I don't think we can see 50 soon. Many bagholders are unhappy cause of fluffy and dump after price rose

We might, we are already at 43$. I think there's a decent chance we will end up getting to 50$ somewhat soon.