[XMR] Monero Speculation

[sui_generis]

...

Judging by the fact that you can't stop posting, I'm guessing you have a significant short position. I'm going to open a 2004 Barolo when you get liquidated. Nothing would make me happier. Look back at the giant green candle after the low of .099 in early March.  I'm hoping that the pump is even stronger this time, so that more Monero shorters get liquidated.

[volyova]

...

Judging by the fact that you can't stop posting, I'm guessing you have a significant short position. I'm going to open a 2004 Barolo when you get liquidated. Nothing would make me happier.

You "guess" wrongly! I don't short, as it's really risky, you can lose a lot of money. Any more baseless speculations? Better keep that bottle corked...

[cAPSLOCK]

Only thing that's unsatisfying about this pump is that more shorts weren't placed at the bottom. The thought of seeing the naysayers get sent to the poorhouse gives me so much joy.

Other people's misfortune brings you joy?? My, my....what a twisted individual you are !

Lol...

[cryptimus prime]

Cheers all 

[novag]

I think the Monero decided to return to the top10.

[BTCIV]

I think the Monero decided to return to the top10.

It's clear to me that Monero is needed more than ever now.

[TimeHacker]

I think the Monero decided to return to the top10.

Looks like it will very soon I'm curius if it can get at least to parity with Dash in terms of market cap. Monero is way better, so I don't understand why Dash should be more valuable.

[owlcatz]

You are just a generic troll, how could you "strike a nerve"? You flatter yourself, of course...

https://bitcointalk.org/index.php?action=trust;u=369246 

[Millionero]

Cheers all  

The Most Interesting Man in the World, supposedly Latino in the ads, was portrayed by a Jewish actor named Jonathan Goldsmith.  He wrote an autobiography, I forget the title.  Saw it in a bookstore, sat and read for a while.  Modestly interesting, but not enough to buy it.
Somebody should tell Jonathan Goldsmith about Monero.  Maybe he would like to be spokesman for The Most Interesting Coin in the World ^TM
"I don't always shill for crypto, but when I do, I shill for Monero"  

[KeyJockey]

But... as you are the nastiest community in crypto...I'm sure I will get over it.

LOL wut?

It's well-known across all crypto space that, "Bitcoin Runs On Drama, Monero Runs On Comedy"

This is only a "nasty community" to idiot obvious trollers like you 'cuz we never fall for your schtick around here  

[BTCIV]

I think the Monero decided to return to the top10.

Looks like it will very soon I'm curius if it can get at least to parity with Dash in terms of market cap. Monero is way better, so I don't understand why Dash should be more valuable.

I'm sure it will , atleast after mobile wallets finally ready will easy increase. Patience is good, Monero has a great feature

[infinity_times_nil]

Monero finally decided to move up since I bought in. So don't jinx it, guys... 

[aminorex]

Only thing that's unsatisfying about this pump is that more shorts weren't placed at the bottom. The thought of seeing the naysayers get sent to the poorhouse gives me so much joy.

Other people's misfortune brings you joy?? My, my....what a twisted individual you are !

It is not so twisted when the people in question are pushing Monero down.  Monero is mankind's last hope of freedom on this planet.  Of course in the end it is squeezing the shorts that gives market makers the best possible return per unit of investment risk, and helps insure that price discovery is honest, so from that viewpoint  the short interest is very beneficial to Monero.  Even if you  refrain from passing moral judgement, their loss is a gain for the cause, and hence similarly cause for celebration. 

[aminorex]

We'll see. XMR isn't a smart contract platform. It needs traders to keep the wheels spinning.

Almost hit the nail on the head, but not quite.  It needs an economy, and DNMs are the critical bootstrap to a level of liquidity where the storage and transfer capacity corresponds to the needs of big money users (HNWIs, corps, and TLAs).  Right now DNMs are reeling and traffic is negligible.  But in less than 6 months there will be 20x the DNM throughput that we saw in SR1 , which took BTC to USD100, and perhaps 50% of that traffic will be denominated XMR, which will put the unit cost around $1000 by March - before the FOMO is factored in.

These are the last cheap coins, people.

I wish I could share your optimism.

Optimism is meaningless.  The math does not lie.

[kurious]

Volyova just drops by every now and then to poke and see if we bite.

And I think he / she is not really anti-Monero and most definitely not a Dash fan.  I have seen worse...

Trolling is usually a good sign here, actually - Fatman3001 came in a few days back, all nasty and calling FP names...  and we immediately pushed up nicely just after he was saying we were dead in the water and would never recover.  I was surprised how much of a hater he was, he is not such an ignorant arse on the WO thread.  You live and learn, eh.

We've been due a lift, I reckon - trolls seem to be a good sign more often than not.

And Monero is quite simply still the best, most fungible and truly private money there is.

[GreatOrchid]

Monero has been one of the most stable altcoins followed by litecoin.
Between all the aug1 mess and today, it has risen from $43 to $53 so we can say that monero will keep increasing in the followin months.
By the way, xmr is one of the best coins that exists nowadays, it has a lot of features that another altcoins doesnt have, it is the most anonymous coin.

[kurious]

We'll see. XMR isn't a smart contract platform. It needs traders to keep the wheels spinning.

Almost hit the nail on the head, but not quite.  It needs an economy, and DNMs are the critical bootstrap to a level of liquidity where the storage and transfer capacity corresponds to the needs of big money users (HNWIs, corps, and TLAs).  Right now DNMs are reeling and traffic is negligible.  But in less than 6 months there will be 20x the DNM throughput that we saw in SR1 , which took BTC to USD100, and perhaps 50% of that traffic will be denominated XMR, which will put the unit cost around $1000 by March - before the FOMO is factored in.

These are the last cheap coins, people.

I wish I could share your optimism.

Optimism is meaningless.  The math does not lie.

Been accumulating - I had promised myself to pull a chunk of crypto profits out (for property investments and diversification that I can sleep easier with).  However, seeing Monero under 0.012?  Irresistible.

Somehow in XMR I am back up to where I was in coins - and I am happier than ever.  BCH windfall has helped ofc.  Where else do I put free money? 

Keeping a few BCH just in case miners do find BCH more profitable and shift over, but unless Ver and Wu have more tricks up their sleeve I will dump the rest before the diff goes up on BCH as much as it ought to. 

[kurious]

Monero has been one of the most stable altcoins followed by litecoin.
Between all the aug1 mess and today, it has risen from $43 to $53 so we can say that monero will keep increasing in the followin months.
By the way, xmr is one of the best coins that exists nowadays, it has a lot of features that another altcoins doesnt have, it is the most anonymous coin.

Sagacious people are always welcome.  

Monero is indeed steady as a store of value but it also develops and grows as its use case becomes obvious.  As Aminorex points out DNMs are in disarray just now, but only Monero makes sense for the next crop who will inevitably appear to fill that market gap.

Every now and then Monero suddenly rises sharply. Like the 2500% it increased in 2016. A lot of that around the end of August.  The past in no guide to the future, but Spring and the cusp of Autumn have often been rather propitious for the XMR price...


Edit: Aaaand we just sneaked over $55 in fiat terms. Sweet.

[cryptimus prime]

Nobody is discussing the dev meeting notes from today?

Tim Ruffing has offered suggestions on improving Monero by using sublinear ring signatures + CT.
Knacc is going through the information and writing a Java implementation.
RuffCT GREATLY expands the ring signature sizes (100k+). "with a set-up like this, there should be no good reason to not simply sign every transaction with the top half of the blockchain every time"
<surae> "in a certain sense, this is like an alien came down and gifted us faster than light travel."

Do you guys understand what this means?  
I am bullish, very bullish.

[mmfiore]

Monero under 0.012?  Irresistible.    Same for me, this sensation is perfect ! Probably the better buy