Hueristic
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Doomed to see the future and unable to prevent it
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March 14, 2018, 01:20:46 AM
Last edit: March 14, 2018, 05:14:41 AM by Hueristic |
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I actually like Fluffy's suggestion of a x11 switch until the next HF and then settling on one then.Well I thought it was funny.  ...as usual I picked the wrong time to buy.  /hodl mode on |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Dotto
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No maps for these territories
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March 14, 2018, 11:29:03 AM |
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ASICs are a direct speedway to centralization. Do you want to concentrate a lot of XMR essence/power into the hands of a Jihan Wu kind of guy?. Nothing good can come from that. Let´s keep the proyect open and distrubuted, even if in hands of botnets
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aminorex
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Sine secretum non libertas
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March 14, 2018, 12:25:13 PM |
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Once you go ASIC positive you can't go back. I consider the advent of BCH a negative. My impression is that the market nearly flipped, and that in large part due to the centralizing influence of ASICs. It is not a future I would want for Monero.
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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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johnalan
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March 14, 2018, 12:33:06 PM |
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Once you go ASIC positive you can't go back. I consider the advent of BCH a negative. My impression is that the market nearly flipped, and that in large part due to the centralizing influence of ASICs. It is not a future I would want for Monero.
This market has me nervy. What's you medium term outlook frnd? |
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cAPSLOCK
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Note the unconventional cAPITALIZATION!
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March 14, 2018, 12:34:22 PM |
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ASICs are a direct speedway to centralization. Do you want to concentrate a lot of XMR essence/power into the hands of a Jihan Wu kind of guy?. Nothing good can come from that. Let´s keep the proyect open and distrubuted, even if in hands of botnets
Depending on the algorithm we might be handing that power to literally Jihan Wu himself. I imagine SHA256 would be a contender. Removing CPU friendliness also would kill browser mining, which unlike botnets, has some positive, in the light sorts of applications. Like salon.com I remain sold on being ASIC resistant. But this is a good conversation. |
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johnalan
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March 14, 2018, 01:01:18 PM |
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ASICs are a direct speedway to centralization. Do you want to concentrate a lot of XMR essence/power into the hands of a Jihan Wu kind of guy?. Nothing good can come from that. Let´s keep the proyect open and distrubuted, even if in hands of botnets
Depending on the algorithm we might be handing that power to literally Jihan Wu himself. I imagine SHA256 would be a contender. Removing CPU friendliness also would kill browser mining, which unlike botnets, has some positive, in the light sorts of applications. Like salon.com I remain sold on being ASIC resistant. But this is a good conversation. I agree with you. Any thought's on the market? |
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Nathan047
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March 14, 2018, 02:05:18 PM |
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We need once and for all to break the link to the scammy CryptoNote [...]
Wasn't the tie broken when Bitmonero became Monero? I thought that was all long behind it and no longer an issue. |
I'm starting a technology blog T4CH.top, check it out! |
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garytheasshole
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Chosŏn Minjujuŭi Inmin Konghwaguk
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March 14, 2018, 02:06:25 PM |
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We need once and for all to break the link to the scammy CryptoNote [...]
Wasn't the tie broken when Bitmonero became Monero? I thought that was all long behind it and no longer an issue. Kept the pow though. |
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cAPSLOCK
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Note the unconventional cAPITALIZATION!
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March 14, 2018, 03:27:53 PM |
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I agree with you.
Any thought's on the market?
I am a terrible speculator. I should probably not even post in this thread.  I think XMR is suffering from a set of circumstances. 1. Last winter's crypto explosion, and current correction. Looks to me like Bitcoin is trying to decide if it is going to continue the bear or get back on the rocket. Looks to me like it is continuing the bear. This has a HUGE impact on all of crypto including XMR. 2. The forkcoin. This created some sort of "artificial" volume and hype moving us into the 30s and now that is gone. This combination looks short term bearish for XMR to me. I remain long term bullish on this project, and it's value. |
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Anon136
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March 14, 2018, 03:35:05 PM |
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I agree with you.
Any thought's on the market?
I am a terrible speculator. I should probably not even post in this thread. I think XMR is suffering from a set of circumstances. 1. Last winter's crypto explosion, and current correction. Looks to me like Bitcoin is trying to decide if it is going to continue the bear or get back on the rocket. Looks to me like it is continuing the bear. This has a HUGE impact on all of crypto including XMR. 2. The forkcoin. This created some sort of "artificial" volume and hype moving us into the 30s and now that is gone. This combination looks short term bearish for XMR to me. I remain long term bullish on this project, and it's value. Keep crashing monero. I actually have dry powder for once! |
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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fromholland
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March 14, 2018, 03:36:07 PM |
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I agree with you.
Any thought's on the market?
I am a terrible speculator. I should probably not even post in this thread. I think XMR is suffering from a set of circumstances. 1. Last winter's crypto explosion, and current correction. Looks to me like Bitcoin is trying to decide if it is going to continue the bear or get back on the rocket. Looks to me like it is continuing the bear. This has a HUGE impact on all of crypto including XMR. 2. The forkcoin. This created some sort of "artificial" volume and hype moving us into the 30s and now that is gone. This combination looks short term bearish for XMR to me. I remain long term bullish on this project, and it's value. AKA accumulation phase ;-) |
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Shnikes101
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March 14, 2018, 04:01:28 PM |
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I agree with you.
Any thought's on the market?
I am a terrible speculator. I should probably not even post in this thread. I think XMR is suffering from a set of circumstances. 1. Last winter's crypto explosion, and current correction. Looks to me like Bitcoin is trying to decide if it is going to continue the bear or get back on the rocket. Looks to me like it is continuing the bear. This has a HUGE impact on all of crypto including XMR. 2. The forkcoin. This created some sort of "artificial" volume and hype moving us into the 30s and now that is gone. This combination looks short term bearish for XMR to me. I remain long term bullish on this project, and it's value. Keep crashing monero. I actually have dry powder for once! No kidding! Slowly adding to coffers at 0.0265 |
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Globb0
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Free spirit
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March 14, 2018, 04:18:26 PM |
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as usual failed the having the balls test to flip anything out at a top. Hold, on. |
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Hueristic
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Doomed to see the future and unable to prevent it
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March 14, 2018, 04:53:15 PM |
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Keep crashing monero. I actually have dry powder for once!
AKA accumulation phase ;-)
No kidding! Slowly adding to coffers at 0.0265
HATE you guys!  I'm always dry during these times. as usual failed the having the balls test to flip anything out at a top. Hold, on. I'm with you one this! It comes from missing the train the first time for me, just can't take the chance of missing it again so cannot take advantage of the big swings. :| |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Anon136
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March 14, 2018, 04:56:27 PM |
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HATE you guys! I'm always dry during these times. Hey me too man. Just not THIS time. I liquidated my bitcoin at 9000. If bitcoin falls while monero falls further relative to bitcoin at the same time, I may not be going back into bitcoin when I turn that liquidity back into crypto.  We'll see. I'm starting to get some signs that I made the right call but it ain't over till the fat lady sings. |
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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johnalan
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March 14, 2018, 05:01:41 PM |
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HATE you guys! I'm always dry during these times. Hey me too man. Just not THIS time. I liquidated my bitcoin at 9000. If bitcoin falls while monero falls further relative to bitcoin at the same time, I may not be going back into bitcoin when I turn that liquidity back into crypto. We'll see. I'm starting to get some signs that I made the right call but it ain't over till the fat lady sings. Where do you see XMR by year end? I was thinking 0.05 and 1200usd, however I'm now closer to 0.02 and 200usd Hopium depleted, moving through grief stages. Soon to be acceptance. |
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Anon136
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March 14, 2018, 05:04:06 PM |
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HATE you guys! I'm always dry during these times. Hey me too man. Just not THIS time. I liquidated my bitcoin at 9000. If bitcoin falls while monero falls further relative to bitcoin at the same time, I may not be going back into bitcoin when I turn that liquidity back into crypto. We'll see. I'm starting to get some signs that I made the right call but it ain't over till the fat lady sings. Where do you see XMR by year end? I was thinking 0.05 and 1200usd, however I'm now closer to 0.02 and 200usd Hopium depleted, moving through grief stages. Soon to be acceptance. Sorry bud that's not how I think about investing. I don't have price targets. I don't have ANY clue. |
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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fromholland
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March 14, 2018, 05:07:22 PM |
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Where do you see XMR by year end?
I was thinking 0.05 and 1200usd, however I'm now closer to 0.02 and 200usd
Hopium depleted, moving through grief stages. Soon to be acceptance.
I think I've said it before, but if your mood swings this fast and extreme, you've invested too much. Sell some, and enjoy the rest of the ride! |
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Anon136
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March 14, 2018, 05:22:47 PM |
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Where do you see XMR by year end?
I was thinking 0.05 and 1200usd, however I'm now closer to 0.02 and 200usd
Hopium depleted, moving through grief stages. Soon to be acceptance.
I think I've said it before, but if your mood swings this fast and extreme, you've invested too much. Sell some, and enjoy the rest of the ride! This is so true. I feel cool as a cucumber right now knowing that I hedged. Instead of thinking about the USD losses (that I am definately taking) i'm really finding myself more focused on the exciting prospect of having more crypto when the dust settles. |
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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johnalan
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March 14, 2018, 05:25:30 PM |
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Where do you see XMR by year end?
I was thinking 0.05 and 1200usd, however I'm now closer to 0.02 and 200usd
Hopium depleted, moving through grief stages. Soon to be acceptance.
I think I've said it before, but if your mood swings this fast and extreme, you've invested too much. Sell some, and enjoy the rest of the ride! I invested a small amount reasonably early. So it's not the amount I have invested Also I see the fair value of XMR based on supply and fundamentals at around 750usd per coin. So I'd rather hold to nothing than sell now. |
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