[XMR] Monero Speculation

[explorer]

So much adoration for this coin. There is something about its anonymity. Vastly spread in south America. If the technology improves and XMR becomes more comfortable (light wallet…) the price will probably rise. 307$ value right now (include dip).

XMR.to integrated into Monerujo wallet in beta testing.  From what I've read, if you enter BTC address in the send to field of the XMR wallet, it automates the XMR.to process seamlessly.  Holy @#^# Batman!  Huge.  Just huge.  Especially given that XMR.to covers the BTC fees. 

[birr]

YAY, Coinbase fuked me this time instead of polo! For the first time I sold on a high (instead of holding and watching the process repeat) and tried to cash out when BTC was still at !7k and friggin Coin base wouldn't let me sell and now BTC is dumped and I'm stuck with it. Luckily I didn't have that much. These exchanges are driving me nuts, even when you get it right they screw you.

Did you use the coinbase wallet or the gdax exchange?

[Hueristic]

YAY, Coinbase fuked me this time instead of polo! For the first time I sold on a high (instead of holding and watching the process repeat) and tried to cash out when BTC was still at !7k and friggin Coin base wouldn't let me sell and now BTC is dumped and I'm stuck with it. Luckily I didn't have that much. These exchanges are driving me nuts, even when you get it right they screw you.

Did you use the coinbase wallet or the gdax exchange?

Been using the coinbase to exchange to USD for years it was saying I had reached my cap when I wasn't even close. I think they are forcing giving up ID's now under the guise of reaching withdrawal limit. Fuckers. I've never used Gdax and never setup a vault, I think you need to provide ID for the Vault and then you can store USD there but I'm not really sure on that score.

[Millionero]

YAY, Coinbase fuked me this time instead of polo! For the first time I sold on a high (instead of holding and watching the process repeat) and tried to cash out when BTC was still at !7k and friggin Coin base wouldn't let me sell and now BTC is dumped and I'm stuck with it. Luckily I didn't have that much. These exchanges are driving me nuts, even when you get it right they screw you.

Did you use the coinbase wallet or the gdax exchange?

Been using the coinbase to exchange to USD for years it was saying I had reached my cap when I wasn't even close. I think they are forcing giving up ID's now under the guise of reaching withdrawal limit. Fuckers. I've never used Gdax and never setup a vault, I think you need to provide ID for the Vault and then you can store USD there but I'm not really sure on that score.

It's been a few years since I used the Coinbase in-wallet purchasing or selling.  They used to charge 1% on buys.  Now I only use gdax.  It's been a while since I did any buying.  Now I take profits, mostly.
You can buy coin (btc, ltc, eth, bch) on gdax.com, which is the coinbase exchange.  If you send money by ach from your bank and take advantage of the fact that gdax doesn't charge a fee on limit orders (zero maker fee), you can buy btc without paying any fees at all.  Of course, price on gdax tends to be a little higher than on other exchanges.
Last time I asked for a withdrawal limit increase they gave it to me.  Now I'm asking for another increase LOL.

By the way, anybody here trade the ltc/xmr pair on polo?

[mnemonicsoup]

In regards to BTC, I believe, at least for now, that BTC is essential as the backbone of the cryptosphere, not only because of the trading pairs but also because of the general sentiment which is important. All the people who want BTC to fail at this moment are delusional thinking that their alt coin of choice would increase in value. Mainstream sentiment would be destroyed.

Also, I still think BTC has a lot going for it with all the upcoming upgrades, and always thought that BTC and Monero have and can in the future have a great symbiotic relationship, like gold and cash.

To quote smooth:

I am not trying to be extra callous, but I am just so tired of hearing how Monero will still be going 20 years from now.

It may, it may not. I'm on record saying many times that it will probably fail and become worthless. Of all the coins around, it is in a small group that has the best chance to be around in 20 years (Bitcoin obviously far eclipses all the rest, and not only because of its size)

Although, he might have updated his opinion on this matter.


This is also quite interesting:

https://www.reddit.com/r/Bitcoin/comments/7lrc0u/did_anybody_else_spot_this_reply_from_head_of/


With all this said, I think that Monero is far more undervalued than any other crypto, and believe that 0.1BTC is a realistic mid term prediction.

[Anon136]

In regards to BTC, I believe, at least for now, that BTC is essential as the backbone of the cryptosphere, not only because of the trading pairs but also because of the general sentiment which is important. All the people who want BTC to fail at this moment are delusional thinking that their alt coin of choice would increase in value. Mainstream sentiment would be destroyed.

I completely agree. But I don't think anyone is saying they want btc to fail. Just that they think it will. Very different thing. And sentiment will recover in time. This whole sector is probably going to behave a lot like the dotcoms. It's wildly overbought because people are excited about technology that is indeed revolutionary just like people overbought tech stocks because the internet was so revolutionary. But the amazons and apples are already here, they will survive the correction and be MUCH bigger after just like amazon and apple are now after the dotcom crash. Also if i'm right and we are going to see our own dotcom crash and recovery, a recovery with bitcoin leading the charge will be a more centralized world than one without. It could be better in the long long run for bitcoin to actually die. For decentralization's sake.

[mnemonicsoup]

In regards to BTC, I believe, at least for now, that BTC is essential as the backbone of the cryptosphere, not only because of the trading pairs but also because of the general sentiment which is important. All the people who want BTC to fail at this moment are delusional thinking that their alt coin of choice would increase in value. Mainstream sentiment would be destroyed.

I completely agree. But I don't think anyone is saying they want btc to fail. Just that they think it will. Very different thing. And sentiment will recover in time. This whole sector is probably going to behave a lot like the dotcoms. It's wildly overbought because people are excited about technology that is indeed revolutionary just like people overbought tech stocks because the internet was so revolutionary. But the amazons and apples are already here, they will survive the correction and be MUCH bigger after just like amazon and apple are now after the dotcom crash. Also if i'm right and we are going to see our own dotcom crash and recovery, a recovery with bitcoin leading the charge will be a more centralized world than one without. It could be better in the long long run for bitcoin to actually die. For decentralization's sake.

Well, actually the BCH crowd wants BTC to fail, and their actions are imo quite toxic and probably responsible for the dip at the moment. Also, quite a few people at the /r/CryptoCurrency reddit, foolishly believing that BTC is holding the success of their favourite alt back.

Which currency do you think could replace Bitcoin? Monero is better in every regard but I feel that once atomic swaps are here Monero would actually benefit even more from a non-private currency like BTC in the sense that it would make it even more  resistent.

[Billy Bunter]

Happy happy, everyone. This is where I come when in need of calming. Thanks to everyone for their contributions and sage advice.

[Haladay]

In regards to BTC, I believe, at least for now, that BTC is essential as the backbone of the cryptosphere, not only because of the trading pairs but also because of the general sentiment which is important. All the people who want BTC to fail at this moment are delusional thinking that their alt coin of choice would increase in value. Mainstream sentiment would be destroyed.

I completely agree. But I don't think anyone is saying they want btc to fail. Just that they think it will. Very different thing. And sentiment will recover in time. This whole sector is probably going to behave a lot like the dotcoms. It's wildly overbought because people are excited about technology that is indeed revolutionary just like people overbought tech stocks because the internet was so revolutionary. But the amazons and apples are already here, they will survive the correction and be MUCH bigger after just like amazon and apple are now after the dotcom crash. Also if i'm right and we are going to see our own dotcom crash and recovery, a recovery with bitcoin leading the charge will be a more centralized world than one without. It could be better in the long long run for bitcoin to actually die. For decentralization's sake.

Well, actually the BCH crowd wants BTC to fail, and their actions are imo quite toxic and probably responsible for the dip at the moment. Also, quite a few people at the /r/CryptoCurrency reddit, foolishly believing that BTC is holding the success of their favourite alt back.

Which currency do you think could replace Bitcoin? Monero is better in every regard but I feel that once atomic swaps are here Monero would actually benefit even more from a non-private currency like BTC in the sense that it would make it even more  resistent.

Why should it replace bitcoin? The reason why I have monero is not my expectation about bitcoin replacement. People are getting confused when all are concentrated on the bitcoin replacement idea.

We don't need it. We can hold monero just we like the concept.

[Minnaja]

It is a great pity that I did not pay attention to this coin before. Now it is already very expensive for short-term investments. So I'm waiting for the right time to buy a coin for long-term storage

[Cmoh]

Like Ripple I think Monero also a good investment asset. This particular asset has the potential of steady going. Recently it is trading around $357. In a year it has given almost 500% return to the investors. But I see the price for the next December 2018 will be above $1000. So, hold it and keep quiet.

[keyscore44]

It pumped and it will go up in my opinion for nearly time so just invest now or wait for some downs cause monero is making itself coin with power to hit ath after every down in future!

[KeyJockey]

Just wanted to pop in here and say MERRY CHRISTMAS, HAPPY HOLIDAYS, HAPPY NEW YEAR, etc etc to all you fine gentlemen of the Monero Spec Forum.

Been away from here (again) just 'cuz -- I'll admit it -- I'm less "in" on XMR lately only because it seems like crypto-world is gonna have to weather the ongoing storm, and muddle thru the rest of this Great Forking Time Of The Flippening (?) ... before things might (maybe?) settle down a bit again, and THEN the world can get back to trying to learn/care/understand about how important fungibility is really going to be.

Soon as that happens I'm gonna be back-in more fully on our beloved HoneyPony... Monero the true best REAL one "coin" actual digital CASH for our future!!

But, until then, the smaller stack I maintain is still lookin' mighty fine... no complaints.

2017 has been an epic year ("38" on a scale of 100?) and seems like 2018 is getting all teed-up to possibly even exceed what we-all have been thru so far (maybe "57" on that 100 scale?  LOL)

Anyway, guys... best wishes to y'all and I'll tip a Barolo or two tonite, in honor of this fine community and our esteemed devs... 🎄 🎅 🎁

[Febo]

It is a great pity that I did not pay attention to this coin before. Now it is already very expensive for short-term investments. So I'm waiting for the right time to buy a coin for long-term storage

If Monero will be added to coinbase in next batch then current price specially in BTC is cheap.  Coinbase might add new coins in short term.

[kurious]

Just wanted to pop in here and say MERRY CHRISTMAS, HAPPY HOLIDAYS, HAPPY NEW YEAR, etc etc to all you fine gentlemen of the Monero Spec Forum.
.....

Hey, good to see you here, KeyJockey and I second the Chrstmas greeting to the ladies and gentlemen here.

Merry Christmas and wishing everyone a great 2018.

[Anon136]

So, hold it and keep quiet.

I want every person of good will to benefit from owning Monero during this early growth phase, so I am loathe to keep quiet about it.  The more press we get, the sooner we can overcome the growing pains of low market cap.  With monerujo in place, most adults can deal with holding and using small amounts of Monero (unless they are on iOS - which desperately needs to be fixed - maybe coinbase will fix that, maybe not).

But hey, I am neither inclined nor talented to do PR work.  I think.

Anyhow, it is probably best to defer the promotion of XMR to the general public until economic fundamentals have caught up to the price, unless you want even more volatility.

You helped me to hodl through some of the darker days. So I can say you have had an impact on at least one person.

[Turkoin]

it will be more accurate than doing the investment project to deal with.
in accordance with a privacy policy that will be used in the future, we may need to do things.

buy-and-hold. 

[canonsburg]

Predictions for January 31? Christmas has come and almost gone, price not as high as previously speculated but still quite respectable.

[DefendKebab]

Predictions for January 31? Christmas has come and almost gone, price not as high as previously speculated but still quite respectable.

I would say around 0.02700000

[aminorex]

BTC will get an ETF soon-ish, now that there are futures on multiple exchanges.  That will spike BTC again, probably around 40k.  Holders are speculating on Lightning fixing the current woes. If they are right, they will be rewarded for their conviction. When will an ETF finally squeeze past the SEC?  Maybe when Trump appointees dominate the debate?

Monero should make a high shortly after that.  In general Monero tends to rise more than Bitcoin and fall less, so a 1k high would seem likely, unless the tide economic fundamentals have pushed us up in the meanwhile, which does seem likely.  In the latter case, the associated peak will be higher.