clip123
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November 14, 2017, 02:12:56 AM |
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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. This makes sense. Thank you!
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garytheasshole
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November 14, 2017, 09:13:15 AM |
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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.
Oh so you're a Dash shill, that explains why you're so angry.
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NeuroticFish
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Looking for campaign manager? Contact icopress!
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November 14, 2017, 02:02:36 PM |
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@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.
From how I read that screen, you can buy a coupon and for some period of time your Maker fee and your Taker fee will be both 0. And that means that you can play around for free. But you are right, the image doesn't explain it clearly and maybe I just assume the worse scenario.
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aminorex
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Sine secretum non libertas
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November 14, 2017, 09:30:00 PM |
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The Monero team is really one of the best assets we have.
In a real sense, the only asset. Take good care of them!
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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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aminorex
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November 14, 2017, 09:40:27 PM |
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... this ... will cost 1000 usd next year ...
... will cost 1000 usd when dash will cost 4000.
I think next year is possible but not probable. My central estimate is q1 2019. What you do in your trousers is of no interest to me. I am no expert on dash, but consider it conceivable, if unlikely, that it may be 4000 in the same quarter; however, it is at least equally likely that a reflexive cascade of masternode liquidations, or instamine dishoarding, or a high-visibility compromise - take your pick; surely compromise would lead to a torrent of liquidation - will take dash down to double digits, even single, at that time.
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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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rinus
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November 14, 2017, 09:42:51 PM |
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... this ... will cost 1000 usd next year ...
... will cost 1000 usd when dash will cost 4000.
I think next year is possible but not probable. My central estimate is q1 2019. What you do in your trousers is of no interest to me. I am no expert on dash, but consider it conceivable, if unlikely, that it may be 4000 in the same quarter; however, it is at least equally likely that a reflexive cascade of masternode liquidations, or instamine dishoarding, or a high-visibility compromise - take your pick; surely compromise would lead to a torrent of liquidation - will take dash down to double digits, even single, at that time. Monero a 1000 usd? That would be nice
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cAPSLOCK
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Note the unconventional cAPITALIZATION!
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November 15, 2017, 04:35:09 AM |
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So how many of you ShortMeMore? So how is your teory about rising nomore when btc falls? Moroneros... Hypocrits. Biggest and worst community. Hodlers scared and weak lol. Good to short. 0.015 roea not hold test of 0.011 incoming
I'm rooting for your .011 prediction. I'll go ahead and set some buy orders at .0114. Happy if they're filled. happy if they aren't. Still waiting... Orders not filling yet.
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aminorex
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Sine secretum non libertas
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November 15, 2017, 06:42:40 AM |
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So how many of you ShortMeMore? So how is your teory about rising nomore when btc falls? Moroneros... Hypocrits. Biggest and worst community. Hodlers scared and weak lol. Good to short. 0.015 roea not hold test of 0.011 incoming
I'm rooting for your .011 prediction. I'll go ahead and set some buy orders at .0114. Happy if they're filled. happy if they aren't. Still waiting... Orders not filling yet. Congrats on your happiness, in that case. If we are still listening to elevator music while BTC approaches 12kUSD, they shall be filled.
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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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KiXiNiT
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November 15, 2017, 06:50:02 AM |
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... this ... will cost 1000 usd next year ...
... will cost 1000 usd when dash will cost 4000.
I think next year is possible but not probable. My central estimate is q1 2019. What you do in your trousers is of no interest to me. I am no expert on dash, but consider it conceivable, if unlikely, that it may be 4000 in the same quarter; however, it is at least equally likely that a reflexive cascade of masternode liquidations, or instamine dishoarding, or a high-visibility compromise - take your pick; surely compromise would lead to a torrent of liquidation - will take dash down to double digits, even single, at that time. Monero a 1000 usd? That would be nice Don't forget its going to hit $425 in december !..................
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ahkiatt
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November 15, 2017, 07:55:27 AM |
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$425? As a small bagholder I need it to stay calm for a bit while I accumulate more cheap moneros.
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Anon136
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November 15, 2017, 11:35:32 AM |
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Dispose of the last, easiest point first: By 2040 we are either in a post-apocalyptic dystopia, or no metal is very precious any longer, due to cheap energy, LENR transmutation, and/or asteroid mining. Any postulated PM bubble has to play out before a post-scarcity future arrives. 2030 seems safe, 2050 seems unsafe, against such a development.
Funny story. This is exactly this line of reasoning that pushed me over the margin and caused me to purchase my bitcoin so many years ago. The other two are tightly coupled. As long as obligations are due and denominated in a given numeraire, that currency will have a corresponding demand. As long as there is a demand denominated in a given numeraire, a supply will arise to preclude arbitrage. That is how a currency economy expresses social capital as liquidity. If there were frictionless exchange - and due to trivial technical innovation, there will be, for all the transparent public chains - one currency would be as good as another for commerce, and all would merge into one pool of effective liquidity. But at some critical level of friction at the exchange margin, economies will segregate by currency. Certainly we see this kind of coarse-graining even in fiat economies, where the only cause of exchange friction is rent-seeking regulatory capture! How much more so when there are sound fundamental, cum technological, reasons for it?
Given that certain - inelastic demand - goods will always be denominated preferentially in XMR, it will always have a distinct PQ and V, hence M. (I cannot say the same of, e.g., BTC.) The harder it is to exchange into and out of XMR, the more certain it is that the XMR economy will self-sustain, because it will not leak utility at the exchange margin. Contrast Zcash, which can, trivially, be integrated with the global transparent liquidity pool, and hence has no compelled reserve demand in the long run (nor, I would argue, any risk-averse demand in the short run, for entirely separate reasons).
In short, the 80 tn USD white market global economy may be well served by the transparent liquidity of trivial exchange and unlimited dilution, but the 20 TUSD black market will not be, at least not as easily or as soon. Moreover, a strictly opaque chain will require some non-trivial protocol advance, not yet in evidence, to allow liquidity to efficiently flow across exchange with transparent chains. Thus we can conclude with substantial probability that there will be a dominant opaque chain, even after Bitcoin is diluted into effective oblivion.
None of that should be taken to mean that a migration to PM reserve and crypto liquidity does not occur, over the next decade or two - only, that it's occurrence does not harm Monero, at least not at the order of magnitude in degree that transparent chains without a natural monopoly will be harmed.
So if I understand correctly. You are saying that all the public chains will merge into one pool of liquidity due to a ~ 0 transaction cost environment for moving liquidity between chains but that monero will be somewhat protected from this since moving liquidity between chains will have a sort of friction resulting from the transaction cost resulting from information leak. Do I have this right? If so than I think it is not an apples to apples comparison. Couldn't many more opaque chains come into existence and have 0 friction with monero and rob us of our liquidity just like happened to bitcoin?
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Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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dEBRUYNE
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November 15, 2017, 12:50:51 PM |
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Turkiwi
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November 15, 2017, 01:26:45 PM |
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I like Monero but I always like to compare my coins to the competition, and in this case, the competition is unfortunately ahead and much more superior than Monero. Zcash, do I need to say more? Why is Zcash the most well capitalized crypto out there (focusing on private transactions?). There must be a reason for that, they simply have a better technology than Monera and this has been confirmed by so many. Monero doesn't even only have such competition, they have other competitors out of their industry (privacy sector) such as Ethereum, which will soon implement the same technology that Zcash is using. So you'll have Ethereum that can do all these crazy things (smart contacts) and do them privately, and then have Monero which can only do one thing, transact privately. Why would you choose Monero over that?
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garytheasshole
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November 15, 2017, 01:29:49 PM |
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I like Monero but I always like to compare my coins to the competition, and in this case, the competition is unfortunately ahead and much more superior than Monero. Zcash, do I need to say more? Why is Zcash the most well capitalized crypto out there (focusing on private transactions?). There must be a reason for that, they simply have a better technology than Monera and this has been confirmed by so many. Monero doesn't even only have such competition, they have other competitors out of their industry (privacy sector) such as Ethereum, which will soon implement the same technology that Zcash is using. So you'll have Ethereum that can do all these crazy things (smart contacts) and do them privately, and then have Monero which can only do one thing, transact privately. Why would you choose Monero over that?
Because Monero is better in every measurable way. Have fun with your "superior" technology https://zcoin.io/zcoins-zerocoin-bug-explained-in-detail/ https://www.cryptocoinsnews.com/i-accidentally-killed-it-parity-wallet-bug-locks-150-million-in-ether/
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KiXiNiT
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November 15, 2017, 03:43:36 PM |
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Monero drops down to #9 on coinmarketcap
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Globb0
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Free spirit
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November 15, 2017, 04:10:33 PM |
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I like Monero but I always like to compare my coins to the competition, and in this case, the competition is unfortunately ahead and much more superior than Monero. Zcash, do I need to say more? Why is Zcash the most well capitalized crypto out there (focusing on private transactions?). There must be a reason for that, they simply have a better technology than Monera and this has been confirmed by so many. Monero doesn't even only have such competition, they have other competitors out of their industry (privacy sector) such as Ethereum, which will soon implement the same technology that Zcash is using. So you'll have Ethereum that can do all these crazy things (smart contacts) and do them privately, and then have Monero which can only do one thing, transact privately. Why would you choose Monero over that?
Oh thanks, care to share a bit more details of your research into each, in order that you could draw that conclusion and further be so confident of it as to come announce it here as fact? Thanks
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