[XMR] Monero Speculation

[KiXiNiT]

The Monero-Rocket is in starting position, let's get ready to rumble! I look forward to exciting charts.

Will be hard to catch the Dash rocket, holy moly

[1714777778]

1714777778

[1714777778]

1714777778

[smooth]

@NeuroticFish

0% maker fee isn't really a big deal, and not uncommon. It just means that the other side of the trade is paying more of the total fee on the trade. What matters (with respect to wash trading) is whether the sum of both sides is zero. I have no idea whether that exists on Bitthumb but the screen shot doesn't show it.

[SolarStorm]

I just  noticed XMR is #3 now on coingecko 

https://www.coingecko.com/en

[garytheasshole]

I just  noticed XMR is #3 now on coingecko  

https://www.coingecko.com/en

Community 60%? That's bullshit man! I want to see how they pull those numbers.

Looks like we're pegged at $125 or there about this time.

[CBTrading]

The Monero-Rocket is in starting position, let's get ready to rumble! I look forward to exciting charts.

Will be hard to catch the Dash rocket, holy moly

Or the masternodecoin Rocket! Tooothemoooon.

[Billy Bunter]

I've quoted this before - something along the lines of "It is not enough to do well, others must do badly."

It's a character flaw of mine that the pleasure I get from Monero's recent rise is almost outweighed by my annoyance at Dash's rise. Silly, I know, but there it is.

[bitstomake]

Dash being above XMR infuriates me also... but karma always comes round eventually.  I'll dance on its grave drinking champagne purchased with my XMR.

[Jarixx]

Monero's price come up nicely. Investors and old miners are smiling big time now.
I think it will go up more.

[garytheasshole]

Monero's price come up nicely. Investors and old miners are smiling big time now.
I think it will go up more.

Not with bitcoin gaining track again, as history has shown us.

[aminorex]

DNM adoption is certainly progressing, but I agree that it will level-up when MS is out.  Even if there were no speculation on these events, none the less, they would enforce a rising, elastic, lower bound on XMR clearing price.  Speculative excesses may drive clearing price away from fundamental value for a while, but it is always transient.  Only long-term positioning which materially affects the float (i.e. fluctuations in reserve supply/demand) or changes in the size and speed of the economy can have lasting effect.  

Decentralized exchange channels which remove counterparty risks can do a lot to mitigate the impact of speculative excesses, by improving the risk-reward profile of deep book market-making, such that large, highly risk-averse hoards may be deployed for this purpose.  The resulting lower volatility would, in turn, make store-of-wealth applications much more appealling. Nothing like this has yet appeared, to my knowledge, and I think that is because current monero software makes it infeasibly difficult.

[aminorex]

Dash being above XMR infuriates me also... but karma always comes round eventually.  I'll dance on its grave drinking champagne purchased with my XMR.

Given that more than half of the float is locked up in masternodes, the cap of dash float is less than that of Monero, so feel free to dance.  When those masternodes are liquidated, price will be cut in half, and the total cap will be less than Monero, so you can cut up the rug yet again.

[Howard12]

In the near future possible growth but I do know that, monero not break 170$. I've been watching this coin for a few months and see what the weekly triangle will not allow it. But a few days would be 150$. Possible. IMO

[Hueristic]

In the near future possible growth but I do know that, monero not break 170$. I've been watching this coin for a few months and see what the weekly triangle will not allow it. But a few days would be 150$. Possible. IMO

Nice to see you can read this market as you have spent a few months studying it's movements. You have fun with your triangle analysis, Lol see you in the poor house.

[guesswho1234]

In the near future possible growth but I do know that, monero not break 170$. I've been watching this coin for a few months and see what the weekly triangle will not allow it. But a few days would be 150$. Possible. IMO

"the weekly triangle"

you lost me there

meme analysis once again

[TheFuzzStone]

I do know that, monero not break 170$.

Nice try Vanga 

[walonek]

I see that any analysis is "poor house" or "meme analysis". But when any moronero says that this ShortMeMore will cost 1000 usd next year the belivers and prayers got JIZZ in their pants... This is stupid as moronero can be stupid and it shows why this crap looses to sth like dash. This is because the believers believe, hodlers hodl. All of them loose more opportunities to win. Meanwhile the noMore price holds 0.02 lvl as predicted.

Remember morons. Moronero will cost 1000 usd when dash will cost 4000.

[jwinterm]

I see that any analysis is "poor house" or "meme analysis". But when any moronero says that this ShortMeMore will cost 1000 usd next year the belivers and prayers got JIZZ in their pants... This is stupid as moronero can be stupid and it shows why this crap looses to sth like dash. This is because the believers believe, hodlers hodl. All of them loose more opportunities to win. Meanwhile the noMore price holds 0.02 lvl as predicted.

Remember morons. Moronero will cost 1000 usd when dash will cost 4000.

Not sure if the misspellings and stuff are due to actual poor English, or if it's intentional to make lexical analysis difficult or just to piss off grammar Nazis.

Anyway, I don't post here much, but the way I see current situation is that Bitcoin Cash is about to deflate, and there will be crypto money looking for places to go. Of course much will go back to Bitcoin and fiat, but I expect with upcoming announcements re: multisig, hw wallets, globee and mymonero (maybe?), that XMR will start the new year closer to 0.03 than 0.02, but I'm usually wrong, so probably want to sell the 🏠 now.

[clip123]

Monero is good hold but coins without cap also doesn't make much sense. Can someone elaborate on this please? my vision is too narrow i guess.

[aminorex]

Monero is good hold but coins without cap also doesn't make much sense. Can someone elaborate on this please? my vision is too narrow i guess.

You mean emission cap. The tail emission of Monero incentivizes PoW mining in perpetuity.  Without it, XMR could not be considered a long-term store of wealth, because the network would collapse, ceteris paribus. The tail emission is low enough so that it is less than the rate at which gold is mined, and gold is clearly a stable, non-inflationary monetary metal.  Therefore, we can safely regard Monero as a non-inflationary asset.

The tail emission is small enough so that the available supply of Monero might conceivably even decrease over time, depending on the rate of loss due to corrupted or otherwise lost keys/seeds.  In any case it is certainly negligible for economic purposes, while providing a crucial incentive to secure the blockchain, hence a positive benefit to Monero holders, not a dilution.

[explorer]

Monero is good hold but coins without cap also doesn't make much sense. Can someone elaborate on this please? my vision is too narrow i guess.

<1% increase the first year after base emission concludes, and shrinking every year after.  Doubtful it will even keep pace with 'lost at sea' coins.

https://monero.stackexchange.com/questions/23/what-is-the-purpose-of-the-tail-emission