[XMR] Monero Speculation

[explorer]

Good move IMHO... 

Thanks for the support

Thinking it over now, however... although my first instinct was to flip ALL of the Dash(LOL) over into Moaaarr Monnneerrooo! LOL I'm trying to be detached and unemotional again about my total portfolio balance here

Plain fact remains, honestly I am probably too heavy into XMR: and -- truth be told -- yes, *we too* did have that "catastrophic bug" issue last year (very elegantly and astutely handled by our devs, once again big thanks for that, gentlemen).

So as much as I love HoneyPony I do still need to *try* and stay diversified and balanced here.

So, quick poll here boys: what do y'all think kinda looks good at the moment OTHER than XMR for me to put some of this liquidated Dash money into?

MRO?

[Hueristic]

...
I wonder how much of the recent Moonero Event was DOD/NSA/DEA Deep State insiders trading on the knowledge that only XMR offers better than military grade crypto.

This is not true at all, why would you think such a thing? Or did you just make that up because it sounded cool? With that being said all crypto will have to hard fork new encryption eventually and Monero Crypto is far safer than BTC so BTC will have to do it first therefor when it is indeed needed then it will be no surprise and should not effect XMR at all.

So Monero is the only privacy project The Octopus can't defeat.  Good to know.  Bullish!

I wonder how much of the recent Moonero Event was DOD/NSA/DEA Deep State insiders trading on the knowledge that only XMR offers better than military grade crypto.

Regardless, I expect moar mooon when this memo gets passed around in wider circles.

Meanwhile, our clown friends at Dash have disabled InstantSend, because of an exploit in their supposedly bulletproof Masternode quorum security theater bullshit.  

Dash Developers Disable InstantSend on the Network
https://themerkle.com/dash-developers-disable-instantsend-on-the-network/

fucking rekt roflmao

The Dash issue is quite a big deal. Unprecedented. I am surprised the price has held up.  

All focus is on crazy speculation in the frothier cryptos atm, and people haven't yet woken up to the real issues. The re-ratings will come in due course.
[/quote]

LMAO @ Dashtard fail, Of course I can't short it because I'm all in on an ETH short that ia squeezing the shit out of me. So many bad choices this last week.
Do you have a good link on Octopus?

Good move IMHO...

Thanks for the support

Thinking it over now, however... although my first instinct was to flip ALL of the Dash(LOL) over into Moaaarr Monnneerrooo! LOL I'm trying to be detached and unemotional again about my total portfolio balance here

Plain fact remains, honestly I am probably too heavy into XMR: and -- truth be told -- yes, *we too* did have that "catastrophic bug" issue last year (very elegantly and astutely handled by our devs, once again big thanks for that, gentlemen).

So as much as I love HoneyPony I do still need to *try* and stay diversified and balanced here.

So, quick poll here boys: what do y'all think kinda looks good at the moment OTHER than XMR for me to put some of this liquidated Dash money into?

Fiat for the moment would be my guess, try to hit a btc high point. I'm still convinced this is still in a bubble state and is not BTC floor. But I would guess the floor is not as low as most are calling it.

[ol92]

Good move IMHO... 

Thanks for the support

Thinking it over now, however... although my first instinct was to flip ALL of the Dash(LOL) over into Moaaarr Monnneerrooo! LOL I'm trying to be detached and unemotional again about my total portfolio balance here

Plain fact remains, honestly I am probably too heavy into XMR: and -- truth be told -- yes, *we too* did have that "catastrophic bug" issue last year (very elegantly and astutely handled by our devs, once again big thanks for that, gentlemen).

So as much as I love HoneyPony I do still need to *try* and stay diversified and balanced here.

So, quick poll here boys: what do y'all think kinda looks good at the moment OTHER than XMR for me to put some of this liquidated Dash money into?

I would buy some SIA (my second loved coin after xmr) and AEON (the latter is not a diversification from XMR, this is more like a leveraged xmr), and keep some BTC of course.

[Nathan047]

Anyone any thoughts on how likely a government level ban (China, US, whatever) is on XMR?

As it grows (in strength, threat and features) is it not more likely to be banned?

Here in the US software is protected by the freedom of speech, so theoretically Monero couldn't be banned here in the US (it's also allowed to skirt some laws because it's not a "real" currency but a digital asset). -- As for China I have no idea, although I can probably guess they'd ban it if it were to start get in their way (although that isn't to say that it would actually stop the Chinese from using it).

[kurious]

Anyone any thoughts on how likely a government level ban (China, US, whatever) is on XMR?

As it grows (in strength, threat and features) is it not more likely to be banned?

Here in the US software is protected by the freedom of speech, so theoretically Monero couldn't be banned here in the US (it's also allowed to skirt some laws because it's not a "real" currency but a digital asset). -- As for China I have no idea, although I can probably guess they'd ban it if it were to start get in their way (although that isn't to say that it would actually stop the Chinese from using it).

Being banned for being 'too secure' might have the opposite effect on actual usage than TPTB expected, it's a virtual endorsement of XMR security being superlative.

I doubt they'd be so stupid as not every jurisdiction in the world would follow, in any case. A ban by one (however large) country would be futile.

[cAPSLOCK]

So, quick poll here boys: what do y'all think kinda looks good at the moment OTHER than XMR for me to put some of this liquidated Dash money into?

The next one on my list is Bitcoin.

[bobabouey2]

Anyone any thoughts on how likely a government level ban (China, US, whatever) is on XMR?

As it grows (in strength, threat and features) is it not more likely to be banned?

Here in the US software is protected by the freedom of speech, so theoretically Monero couldn't be banned here in the US (it's also allowed to skirt some laws because it's not a "real" currency but a digital asset). -- As for China I have no idea, although I can probably guess they'd ban it if it were to start get in their way (although that isn't to say that it would actually stop the Chinese from using it).

I think the freedom of speech issue relates to actually publishing the code and making it available, not using it.

So maybe you could publish software that is designed to download child porn and be protected, but the person running the software doesn't have that defense.

Same with Monero. Government could pass laws preventing individuals from using anonymous cryptos (or all cryptos).  Or, they could try and use established law to argue that anonymous crypto by its nature cannot comply with existing AML / KYC.

[Whtwabbit]

How am I going to find out crypto is banned, I have government on "ignore"

"We are gonna need a bigger prison system"

[Celebrity]

I'm here and publicly keep buying Monero right away. I don't fear from Chinese regulation, Monero will be adopted by more Assian people including Japanese and this will bring a nice price movement.

[Anon136]

There is somewhere between a 99 and 101 percent chance that monero will be illegal someday. Plan accordingly. The good news is none of us have any monero. We all lost it in our boating accidents.

[sp_skeptic]

...

Why not register on Gemini or Bitstamp? Otherwise, LocalMonero or LocalBitcoins.

I registered on Gemini Monday, got verified Tuesday and sold some Bitcoin, and got the money today (Wednesday). Thanks for the tip!

[mnemonicsoup]

There is somewhere between a 99 and 101 percent chance that monero will be illegal someday. Plan accordingly. The good news is none of us have any monero. We all lost it in our boating accidents.

No need for them to do that, they will just control the entry and exit points to fiat, e.g. the exchanges. Making it illegal wouldn't be in their interest, it would make it even harder to control, and basically advertise for it. It could still be traded on decentralised exchanges.

It's much more likely that they will enforce people to declare all crypto tradings than to straight outlaw a crypto.

[KeyJockey]

So, quick poll here boys: what do y'all think kinda looks good at the moment OTHER than XMR for me to put some of this liquidated Dash money into?

MRO?

Heh heh... yah okay I got it, finally.

I'm fairly old-school Monerian (Monerite?) having first buy around 70 cents, I believe it was.  But it still took me a minute to remember: was just about to click over to coinmarketcap and search when the 'aha' moment clicked, LOL

So, quick poll here boys: what do y'all think kinda looks good at the moment OTHER than XMR for me to put some of this liquidated Dash money into?

The next one on my list is Bitcoin.

Yes, me too still but Big Question NOWADAYS is "which one?"

We have TWO "real bitcoin" now and very possibly soon, THREE to choose from?  Ai yi yi...

[bobabouey2]

There is somewhere between a 99 and 101 percent chance that monero will be illegal someday. Plan accordingly. The good news is none of us have any monero. We all lost it in our boating accidents.

But why would I bring Monero onto my boat, it doesn't have the same stabilizing effect as storing my gold there?

I think for Monero the more common risk is theft, fires and floods at your Estonian mansion.

[explorer]

There is somewhere between a 99 and 101 percent chance that monero will be illegal someday. Plan accordingly. The good news is none of us have any monero. We all lost it in our boating accidents.

But why would I bring Monero onto my boat, it doesn't have the same stabilizing effect as storing my gold there?

I think for Monero the more common risk is theft, fires and floods at your Estonian mansion.

Alzheimers  is also a risk.  Prepay your nursing homes, boys and girls!  NICE ones 

[elrippos friend]

Back on topic ladies and gentlemen 

[Bitcoinaire]

So, quick poll here boys: what do y'all think kinda looks good at the moment OTHER than XMR for me to put some of this liquidated Dash money into?

The next one on my list is Bitcoin.

I know this is off topic but I value the Monero communities input on this.  Bitcoin, Litecoin, Ethereum, Ethereum Classic, or Ripple, which one to hold? I was thinking Litecoin has the ability to gain the most and has a good team.

[Hueristic]

So, quick poll here boys: what do y'all think kinda looks good at the moment OTHER than XMR for me to put some of this liquidated Dash money into?

The next one on my list is Bitcoin.

I know this is off topic but I value the Monero communities input on this.  Bitcoin, Litecoin, Ethereum, Ethereum Classic, or Ripple, which one to hold? I was thinking Litecoin has the ability to gain the most and has a good team.

My crystal Ball is broken the last six months, sorry. Be careful with litecoin it is a mostly held chinese coin with some monster bag holders.They played HUGE and I mean Trump HUGE (lol) ponzie schemes with LTC until I believe it was banned. I guess Ponzies are legal in china or some such thing.

Ripple of course is centralized and controlled P&D's and they seem to be carefully building MC after their scam Cap creation.

ETC may someday take over if ETH's Centralization or just plain incompetent Dev team tanks it.

[c789]

So, quick poll here boys: what do y'all think kinda looks good at the moment OTHER than XMR for me to put some of this liquidated Dash money into?

The next one on my list is Bitcoin.

I know this is off topic but I value the Monero communities input on this.  Bitcoin, Litecoin, Ethereum, Ethereum Classic, or Ripple, which one to hold? I was thinking Litecoin has the ability to gain the most and has a good team.

Aside from XMR, my top pick, I'll admit I'm bullish on BTC even though it's not fungible and I'd rather not use it. But I see it going way up.

I have a lot of other small holdings and honestly I'd be embarrassed to mention many of them. You could print 100 coin names on a sheet of paper, take 10 darts and throw them at the paper, and 7 of those 10 are going to make money...some more, some less. They could be (and probably are) junk coins...they'll still make money. Would I use them? Never. But they'll make money.

Now when you find a coin that actually solves real-world problems now and works well now and faces a present and growing demand...that's where you drop anchor. Ahoy, Monero.

[johnalan]

So boys...

What's it gonna be a slow drift down to ~0.02/~100usd or another correcting spike up to ~0.05/~250usd?


We will get to 0.05 eventually of course, but this year or next year is the question.