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Author Topic: [XMR] Monero Speculation  (Read 3312365 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.)
Genesis1337
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January 21, 2018, 08:29:58 AM
 #36121

"Criminal underworld is dropping bitcoin for another currency"

https://www.bloomberg.com/news/articles/2018-01-02/criminal-underworld-is-dropping-bitcoin-for-another-currency

We bloomberg now  Grin


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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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smooth (OP)
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January 21, 2018, 08:55:05 AM
 #36122

Quote
If you are a holder of BNB tokens you get that 50% discount on trading fees.

Looks too late, but who knows.

Not too late. Anyone can buy BNB tokens from the market. If you have the checkbox enabled then those BNBs are used to pay your fees at a 50% discount.

If you don't want to invest in BNB then just wait until you are ready to trade and then buy approximately as many as you will need to pay your expected trading fee.
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January 21, 2018, 09:25:53 AM
 #36123

Thanks for the answers.

I'm done with Polo now, this was the last straw locking the money when they re saying its 2k per day.

I made an account already, just that bit was confusing me.

/G
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January 21, 2018, 10:42:56 AM
 #36124

XMR is a lovely project with fast transfer & confidentiality. with considering current 5 billion market cap & 356$ per coin ,i think it could reach $ 1,000. Not too far away. Zec is a similar project also
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January 21, 2018, 10:48:31 AM
 #36125


Red Leader standing by..


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January 21, 2018, 11:33:14 AM
 #36126

I bought Monero two times:

1. First time around 0.016 with BTC. This was the time as Monero got added to the already closed Darknet Market Alphabay.
2. Second buy was around 75 USD with fiat money some months ago.


I am still holding both positions for long term. BTC will die sooner or later, so you better invest in possible overtakers.

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January 21, 2018, 11:44:51 AM
 #36127

For me top three coin, reason anonymity. Right now it is smart to buy monero as prices are about 2/3 of their recent high and the expectation will be a price target above $500 in the near term. mining is not profitable with high difficulty so buy now.
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January 21, 2018, 02:05:55 PM
 #36128

I bought Monero two times:

1. First time around 0.016 with BTC. This was the time as Monero got added to the already closed Darknet Market Alphabay.
2. Second buy was around 75 USD with fiat money some months ago.


I am still holding both positions for long term. BTC will die sooner or later, so you better invest in possible overtakers.

BTC and Monero are completely different things. They can both survive and complete tasks set out for them in coexistence. Monero being a completely private coin, and Bitcoin being digital gold  Smiley

The simpler it is, the better I like it
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January 21, 2018, 05:52:46 PM
 #36129

Bitcoin ... digital gold 

I consider Monero to be more akin to gold than is Bitcoin because Monero has commodity fungibility which Bitcoin lacks.  I think a more apt comparison would analogize Bitcoin to equity in ex-im banks, and Monero to cash:  Bitcoin's future is dependent largely on it's potential as a settlement network for digital credit, while Monero's is much more closely tied to the gross product growth of the digital economy.

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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January 21, 2018, 07:12:23 PM
 #36130

Bitcoin's future is dependent largely on it's potential as a settlement network for digital credit, while Monero's is much more closely tied to the gross product growth of the digital economy.

This is pretty much my investment thesis as well, but what about Lightning?  Wouldn't that also tie Bitcoin to the digital economy's GPG?

Happy Skepticism Sunday!  Cool


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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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January 21, 2018, 08:44:22 PM
 #36131

It is pretty obvious now that Bulletproofs will not happen in March HF.  Seems few still live in denial and believe it can happen.

Bulletproofs will need an audit that should take a month of time.  There need to be selected people ( more time we have better auditors we can choose) to audit and gathered founds to pay them.

On my opinion the date for code freeze for March HF should be set as soon as possible.
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January 21, 2018, 09:15:51 PM
 #36132

Bitcoin's future is dependent largely on it's potential as a settlement network for digital credit, while Monero's is much more closely tied to the gross product growth of the digital economy.

This is pretty much my investment thesis as well, but what about Lightning?  Wouldn't that also tie Bitcoin to the digital economy's GPG?

Happy Skepticism Sunday!  Cool

Speaking of skepticism Sunday; LN, if even moderately successful, will render the value of the majority of alt projects dubious at best.

How do you see Monero dodging that bullet?  nullc said, as he was leaving blockstream, he intended to work on bringing fungibility to BTC.

I personally think XMR has a fairly LAPP resistant niche... but I want to hear others opinions.
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January 21, 2018, 10:14:08 PM
Last edit: January 21, 2018, 11:03:07 PM by Billy Bunter
 #36133

It is pretty obvious now that Bulletproofs will not happen in March HF.  Seems few still live in denial and believe it can happen.

Bulletproofs will need an audit that should take a month of time.  There need to be selected people ( more time we have better auditors we can choose) to audit and gathered founds to pay them.

On my opinion the date for code freeze for March HF should be set as soon as possible.


What makes you say that? Has there been recent news?

Edit: Just saw the Monero thread.

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January 21, 2018, 10:29:17 PM
 #36134

The XMR still has not realized the big impact I had expected. I think XMR will be worth $ 1000. I think the most affordable projects of the market. It is not an investment recommendation.
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January 21, 2018, 10:30:39 PM
 #36135

"Criminal underworld is dropping bitcoin for another currency"

https://www.bloomberg.com/news/articles/2018-01-02/criminal-underworld-is-dropping-bitcoin-for-another-currency

We bloomberg now  Grin


This has been said before by McAfee that bitcoin is not a place for them anymore. They have shifted to monero that is more of a privacy coin than bitcoin.
Bitcoin's future is dependent largely on it's potential as a settlement network for digital credit, while Monero's is much more closely tied to the gross product growth of the digital economy.

This is pretty much my investment thesis as well, but what about Lightning?  Wouldn't that also tie Bitcoin to the digital economy's GPG?

Happy Skepticism Sunday!  Cool
Well wait and see if that will take everything to the top but as long as it's not implemented, we have to wait and guess.
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January 21, 2018, 11:01:08 PM
 #36136

It is pretty obvious now that Bulletproofs will not happen in March HF.  Seems few still live in denial and believe it can happen.

Bulletproofs will need an audit that should take a month of time.  There need to be selected people ( more time we have better auditors we can choose) to audit and gathered founds to pay them.

On my opinion the date for code freeze for March HF should be set as soon as possible.


What makes you say that? Has there been recent news?


Yes the meeting dedicated to Bulletproofs as was decided on last Developers meeting:  https://monerobase.com/wiki/MRLMeeting_2018-01-21
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January 21, 2018, 11:04:04 PM
 #36137

It is pretty obvious now that Bulletproofs will not happen in March HF.  Seems few still live in denial and believe it can happen.

Bulletproofs will need an audit that should take a month of time.  There need to be selected people ( more time we have better auditors we can choose) to audit and gathered founds to pay them.

On my opinion the date for code freeze for March HF should be set as soon as possible.


What makes you say that? Has there been recent news?


Yes the meeting dedicated to Bulletproofs as was decided on last Developers meeting:  https://monerobase.com/wiki/MRLMeeting_2018-01-21

Just saw that. Thanks.

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January 22, 2018, 01:25:54 PM
 #36138

can't wait for the ledger nano integration! that is holding monero back a bit in my opinion.
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January 22, 2018, 01:30:29 PM
 #36139

It is pretty obvious now that Bulletproofs will not happen in March HF.  Seems few still live in denial and believe it can happen.

Bulletproofs will need an audit that should take a month of time.  There need to be selected people ( more time we have better auditors we can choose) to audit and gathered founds to pay them.

On my opinion the date for code freeze for March HF should be set as soon as possible.


Having read the logs, I think I'm more in the camp of those who think that we should push BP's as soon as they've been reviewed, rather than wait till Sept HF. I'm not sure why we can't have some flexibility when it comes to the timing of HF's especially with something of this magnitude. It also sucks that a Monero rip-off will have them implemented before we do.

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January 22, 2018, 02:16:52 PM
 #36140

Wasn't there a discussion about part implementation?


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