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Author Topic: [XMR] Monero Speculation  (Read 3312281 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
kurious
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October 29, 2017, 09:49:47 PM
 #33681

Rather good support - I expected a hammering, but some people seem to know a bargain when they see one...

Being able to buy XMR for under $100 is like having a time machine back to 2013. Grin

Looking forward to dumping my Bcash and B2X next month.  I'm counting on Jeff, Roger, Jihan, and Barry pumping both to over >1 BTC for the sake of subsidizing their silly attack forks.

But I expect everyone else (except SHAtoshi) will be doing the same, so XMR may not be any cheaper relative to BTC when people go hedge shopping with their airdrop coins.

As long as the air drop isn't risky becaue of lack of replay protection, expect an initial BTC rise, then diversification of profits into crypto - so XMR today is looking very cheap.

Come next spring I suspect people will be cursing every XMR they ever sold.

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October 29, 2017, 10:20:51 PM
 #33682

Personally, I think s2x will be the longest chain, because BTC hash rate will be inadequate to keep up.  According to Satoshi, that makes s2x the true chain.  Once the chains diverge enough, and before the deluge, it will be time to dump BTC classic.  And yes, I will roll gains into XMR, of course.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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October 29, 2017, 10:31:02 PM
 #33683

xmr is like a long term hold, im thinking 10years. The general masses have no use for it.
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October 29, 2017, 10:32:37 PM
 #33684

Personally, I think s2x will be the longest chain, because BTC hash rate will be inadequate to keep up.  According to Satoshi, that makes s2x the true chain.  Once the chains diverge enough, and before the deluge, it will be time to dump BTC classic.  And yes, I will roll gains into XMR, of course.

Its getting totally confusing.

Its hard to keep your eye on the pea under the cup


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October 29, 2017, 10:46:50 PM
 #33685

Hello guys I'm new to Monero, just wondering what is causing the recent drop in Monero?
I know recently all altcoins were crushed by BTC's rise, but is there any specific reason Monero collapsed against BTC?

Thanks.

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October 29, 2017, 11:21:12 PM
 #33686

Hello guys I'm new to Monero, just wondering what is causing the recent drop in Monero?
I know recently all altcoins were crushed by BTC's rise, but is there any specific reason Monero collapsed against BTC?

Thanks.

No real specific reason. All alts are being sold to chase BTC forks.

I mean, look at ETH. It's now under 0.05 because of this.
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October 30, 2017, 12:01:30 AM
 #33687

This is one of the busiest threads here in the Alternate Cryptocurrencies. The community of followers of Monero (XMR) is very huge. I guess the feature that makes Monero the topmost coin when it comes to anonymity has bear fruits. It has effectively pulled crypto fanatics together close to this project. Bitcoin, although proclaiming to be anonymous, has been proven to be less. Monero is now the leading figure of anonymity.

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Hueristic
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October 30, 2017, 04:09:32 AM
 #33688

Hello guys I'm new to Monero, just wondering what is causing the recent drop in Monero?
I know recently all altcoins were crushed by BTC's rise, but is there any specific reason Monero collapsed against BTC?

Thanks.

BTC rises and alts fall (some more than others Smiley ), but Monero seems to hold well vs usd for long stretches of time.

This is one of the busiest threads here in the Alternate Cryptocurrencies. The community of followers of Monero (XMR) is very huge. I guess the feature that makes Monero the topmost coin when it comes to anonymity has bear fruits. It has effectively pulled crypto fanatics together close to this project. Bitcoin, although proclaiming to be anonymous, has been proven to be less. Monero is now the leading figure of anonymity.

Very true, welcome.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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October 30, 2017, 05:40:41 AM
 #33689

Personally, I think s2x will be the longest chain, because BTC hash rate will be inadequate to keep up.  According to Satoshi, that makes s2x the true chain.  Once the chains diverge enough, and before the deluge, it will be time to dump BTC classic.  And yes, I will roll gains into XMR, of course.

Nope, the longest valid chain is Bitcoin.  Barry and Jihan (or anyone else) may make an invalid chain as long as you like it to be (EDA and ASICboost help too), but it will be ignored by economic Bitcoin nodes because it violates their governing consensus rules.  No amount of drama can force Core nodes to accept invalid blocks, as we already know from enjoying the lulz provided by Bitcoin Scrypt, XT, Classic, Unlimited, Bcash, and most recently, Bgold.

BTC hash rate responds to economics.  Within the incentive structure designed by Satoshi, as tx fees pile up and compete "inadequate" hash rate is a self-correcting problem.

Ironically, panic sellers help ameliorate the (exaggerated) problem of sluggish confirmations by paying higher fees to move coins for dumping ASAP. Cheesy

Can't wait to see B2X #rekt by the same transaction fee markets the Gavinistas have spent years FUDing, ridiculing, distrusting, and trying to forcefully replace with a more centralized network... Grin Grin Grin

Why wait until the rest of us may also be rolling gains into XMR?  Adam Back is offering 3 B2X for 1 BTC right now.  What a deal!  Better act fast!
https://twitter.com/adam3us/status/924637643035545601
https://www.reddit.com/r/Bitcoin/comments/79h032/seeking_buyers_of_b2x_coins_price_3_for_1_in/

Don't worry about possibly being too much of a whale; Adam says there are available many batches of 750B2X for 250BTC. Wink


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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October 30, 2017, 06:00:29 AM
 #33690

Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.

You wonder why all are implementing z-cash or the tech of z-cash, well count the bodies z-cash leaves behind  Roll Eyes Shocked
If i where you, i wouldn't even think of touching it  Wink

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October 30, 2017, 09:46:50 AM
 #33691

Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger

Maybe this is an answer?

https://twitter.com/zooko/status/863202798883577856?lang=en

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October 30, 2017, 10:04:50 AM
 #33692

Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.

You are totally mistaken to believe that Zcash is "far more valuable" than Monero. As of now Monero has more than double the market cap - comparing unit prices is meaningless...
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October 30, 2017, 10:44:23 AM
 #33693

Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger

Maybe this is an answer?

https://twitter.com/zooko/status/863202798883577856?lang=en


So Zooko admits Zcash isn't private after all - Jeez. 

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October 30, 2017, 10:55:30 AM
 #33694

Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger

Maybe this is an answer?

https://twitter.com/zooko/status/863202798883577856?lang=en


So Zooko admits Zcash isn't private after all - Jeez. 
Haha, I wondered why the JP Morgan boss decided to slate Bitcoin too - was wondering if there was an ulterior motive
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October 30, 2017, 11:02:15 AM
 #33695

Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger

Maybe this is an answer?

https://twitter.com/zooko/status/863202798883577856?lang=en


So Zooko admits Zcash isn't private after all - Jeez. 
Haha, I wondered why the JP Morgan boss decided to slate Bitcoin too - was wondering if there was an ulterior motive

Traceable and private, like a virgin prostitute.

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October 30, 2017, 11:11:04 AM
 #33696

XMR is holding pretty nice and its stable. I see so much potentials on this coin Smiley
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October 30, 2017, 11:13:22 AM
 #33697

Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.

You are totally mistaken to believe that Zcash is "far more valuable" than Monero. As of now Monero has more than double the market cap - comparing unit prices is meaningless...

The problem with zcash is that the total coin supply can't be audited... Who knows what can happen. For example pivx started to use the zerocoin protocol 2 weeks ago to replace masternode mixing.

Then when I compare the fees between monero and pivx to make an untraceable tx, I just  Grin

When the people of the world will get that covid was intentionally released to frame china, steal the election from trump, assure massive bail outs and foster the forced vaccination agendas...they will forget, like 911, wmds in irak, uss liberty or pedogate.
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October 30, 2017, 11:39:46 AM
 #33698

Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.

You are totally mistaken to believe that Zcash is "far more valuable" than Monero. As of now Monero has more than double the market cap - comparing unit prices is meaningless...

The problem with zcash is that the total coin supply can't be audited... Who knows what can happen. For example pivx started to use the zerocoin protocol 2 weeks ago to replace masternode mixing.

Then when I compare the fees between monero and pivx to make an untraceable tx, I just  Grin

You mean they charge you for tainting a normal pivx tx?

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October 30, 2017, 11:45:37 AM
 #33699

Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.

You are totally mistaken to believe that Zcash is "far more valuable" than Monero. As of now Monero has more than double the market cap - comparing unit prices is meaningless...

The problem with zcash is that the total coin supply can't be audited... Who knows what can happen. For example pivx started to use the zerocoin protocol 2 weeks ago to replace masternode mixing.

Then when I compare the fees between monero and pivx to make an untraceable tx, I just  Grin

You mean they charge you for tainting a normal pivx tx?

yes and no, charge is that the fees is spend on the blockchain and become void, reducing the total coin supply. it actually cost 0.01 pivx per dominations (5000zpiv or 1zpiv cost the same).

tainting, what do you mean? that they become like xmr, zcash and co untraceable? Why does it taint them? it's just like buying something with notes and getting your change back.

 Huh

The coins aren't "tainted" they become untraceable and fungible.

When the people of the world will get that covid was intentionally released to frame china, steal the election from trump, assure massive bail outs and foster the forced vaccination agendas...they will forget, like 911, wmds in irak, uss liberty or pedogate.
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October 30, 2017, 12:04:44 PM
Last edit: October 30, 2017, 01:04:35 PM by generalizethis
 #33700

Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.

You are totally mistaken to believe that Zcash is "far more valuable" than Monero. As of now Monero has more than double the market cap - comparing unit prices is meaningless...

The problem with zcash is that the total coin supply can't be audited... Who knows what can happen. For example pivx started to use the zerocoin protocol 2 weeks ago to replace masternode mixing.

Then when I compare the fees between monero and pivx to make an untraceable tx, I just  Grin

You mean they charge you for tainting a normal pivx tx?

yes and no, charge is that the fees is spend on the blockchain and become void, reducing the total coin supply. it actually cost 0.01 pivx per dominations (5000zpiv or 1zpiv cost the same).

tainting, what do you mean? that they become like xmr, zcash and co untraceable? Why does it taint them? it's just like buying something with notes and getting your change back.

 Huh

The coins aren't "tainted" they become untraceable and fungible.

Fungibility works when all coins are untraceable, if you have coins that are traceable and ones that aren't, they are different and can be identified as such. All the coins need to be untraceable.

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