[XMR] Monero Speculation

[Febo]

It is official now, reason for price spike was revealed. Pump was for Monero  4th birthday party. 

[joroz]

There is a difference between a pessimist and a troll/FUDster. Let’s not dismiss every skeptic off-hand.

[andrew1carlssin]

I was looking the monero historical hashrate



https://bitinfocharts.com/comparison/monero-hashrate.html

I do assume that ASIC private mining started somewhere in the end of 2017 bening of 2018 ...

My intuition tells me that these miners will dump their mined coins to cover their investments

[Febo]

I was looking the monero historical hashrate



https://bitinfocharts.com/comparison/monero-hashrate.html

I do assume that ASIC private mining started somewhere in the end of 2017 bening of 2018 ...

My intuition tells me that these miners will dump their mined coins to cover their investments

Why not last week or last month? Why now? Cos of birthday?  
ASIC miners that planed to sell already sold long time ago, those that planed to hold will hold to some big real world use Monero hype and price spike or will hold for long term.

There is a difference between a pessimist and a troll/FUDster. Let’s not dismiss every skeptic off-hand.

Exactly. Luckily we all have post history where this can be checked.   I did hope he will give me at least one good trait Monero have. At least something. I did not heard any in one year or more he is posting here. When price goes up or down or when developers do this or that or when world react on Monero this way or that way. All is bad. Totally normal and good things.

[andrew1carlssin]

Why not last week or last month? Why now? Cos of birthday?  
ASIC miners that planed to sell already sold long time ago, those that planed to hold will hold to some big real world use Monero hype and price spike or will hold for long term.

I think the formula/logic to dump the coins is something like.
..Asic developers must take on account ASIC Development cost (capex + opex) then calculate how much coin they mined ...then they need to wait until the price cross their profit threshold to start sell their coins ...I don't know how much it cost to Bitmain ( is it something like Cost=Masks+N×Wafers ?? ) for cryptonight algorithm maybe the development is more trick than SHA-256  ..Regards to ASIC development costs I will take bitcointalk time-machine back to 2012 and read again to remember what happened in the past ;-)  ..

Dedicated Mining ASIC Project (Open for Discussion)
https://bitcointalk.org/index.php?topic=91173

[Hueristic]

So is .029 the new .03?

We have our answer to this yesterday.

All up from here?

[aminorex]

Personally, I think Bitmain et filia sold as fast as they could. The remaining miners will include a higher proportion of hodlers than when ASICs were online, so that supply is slightly reduced from now on.  Being just a bit behind the most profitable coins is the sweet spot for price appreciation.  Too low and your coin is dying.  Too high and you minimize the number of miners with a long horizon.  Supply is dwindling anyhow, but price is set at the margins.

I doubt we will see a quarter in which the predecessor quarter VWAP was higher than the current quarter for a while - not until BTC tops in the 25 to 40 range and retreats to 16 to 20 range, at least.

[andrew1carlssin]

Personally, I think Bitmain et filia sold as fast as they could. The remaining miners will include a higher proportion of hodlers than when ASICs were online, so that supply is slightly reduced from now on.  Being just a bit behind the most profitable coins is the sweet spot for price appreciation.  Too low and your coin is dying.  Too high and you minimize the number of miners with a long horizon.  Supply is dwindling anyhow, but price is set at the margins.

I doubt we will see a quarter in which the predecessor quarter VWAP was higher than the current quarter for a while - not until BTC tops in the 25 to 40 range and retreats to 16 to 20 range, at least.

if bch price reach the proper market price I may cash out the airdrop and invest into cryptonight ... regards to cryptonote ... it was my first coin  that really compiled flawless with c++boost lib

[Febo]

Why not last week or last month? Why now? Cos of birthday?  
ASIC miners that planed to sell already sold long time ago, those that planed to hold will hold to some big real world use Monero hype and price spike or will hold for long term.

I think the formula/logic to dump the coins is something like.
..Asic developers must take on account ASIC Development cost (capex + opex) then calculate how much coin they mined ...then they need to wait until the price cross their profit threshold to start sell their coins ...I don't know how much it cost to Bitmain ( is it something like Cost=Masks+N×Wafers ?? ) for cryptonight algorithm maybe the development is more trick than SHA-256  ..Regards to ASIC development costs I will take bitcointalk time-machine back to 2012 and read again to remember what happened in the past ;-)  ..

Dedicated Mining ASIC Project (Open for Discussion)
https://bitcointalk.org/index.php?topic=91173

Since they mined only 4 months, I guess they will need $1000 or $2000 Monero price for profit.

Well in life unexpected things happens. You cant do everything with profit always. Sometimes you make some mistakes.  What if tomorrow there is unrepairable flaw in Monero and all coins are worth close to 0?   How will then they get profit?

[infofront]

I never thought I'd be mining Monero again after 2015. I was delighted to switch all my ETH miners over a week or so ago.

[Hueristic]

I never thought I'd be mining Monero again after 2015. I was delighted to switch all my ETH miners over a week or so ago.

It's like stepping back to 2013!

Well not really my electric is far too high to mine.

[andrew1carlssin]

I never thought I'd be mining Monero again after 2015. I was delighted to switch all my ETH miners over a week or so ago.

It's like stepping back to 2013!

Well not really my electric is far too high to mine.

I just received a warning ...
in the next japanese candlestick ... sell it or deal with pain (loads of pain killers ) 

[nazzer]

I never thought I'd be mining Monero again after 2015. I was delighted to switch all my ETH miners over a week or so ago.

It's like stepping back to 2013!

Well not really my electric is far too high to mine.

I just received a warning ...
in the next japanese candlestick ... sell it or deal with pain (loads of pain killers ) 

I switched over when it forked

XMR/USD is hitting the 200MA, XMR/BTC already broke through the 200MA barrier - I'm confident we'll see 300 again at the end of the month

[Hueristic]

I never thought I'd be mining Monero again after 2015. I was delighted to switch all my ETH miners over a week or so ago.

It's like stepping back to 2013!

Well not really my electric is far too high to mine.

I just received a warning ...
in the next japanese candlestick ... sell it or deal with pain (loads of pain killers ) 

Thats not the end of the world, just the end of your mind.

I never thought I'd be mining Monero again after 2015. I was delighted to switch all my ETH miners over a week or so ago.

It's like stepping back to 2013!

Well not really my electric is far too high to mine.

I just received a warning ...
in the next japanese candlestick ... sell it or deal with pain (loads of pain killers ) 

I switched over when it forked

XMR/USD is hitting the 200MA, XMR/BTC already broke through the 200MA barrier - I'm confident we'll see 300 again at the end of the month

I would not be surprised either, If it wasn't for the BTC bubble it would be sitting right about there now.

[generalizethis]

Also guys you should have a look at coins that actively support Monero development: Masari.

It's a Monero fork, good relashionship with Monero, only 18.5 millions total coin supply and it's still early, only 3000 sats on SouthXchange and Tradeogre.
If you count that Masari uses a weighted harmonic mean difficulty adjustment algorithm for smoother difficulty adjustment, which has been PR'd back to Monero you already have a kick-ass coin. It also has only ever used RingCT, has a fixed ring size of 13, and we plan on adding uncle mining and researching block tree sharding.

Cheers !

good relashionship with Monero,

Cringe level BS. I know there are people stupid enough to buy this line, but I really doubt they are on this thread--maybe know the community before going full-shill.

[Raven89]

Also guys you should have a look at coins that actively support Monero development: Masari.

It's a Monero fork, good relashionship with Monero, only 18.5 millions total coin supply and it's still early, only 3000 sats on SouthXchange and Tradeogre.
If you count that Masari uses a weighted harmonic mean difficulty adjustment algorithm for smoother difficulty adjustment, which has been PR'd back to Monero you already have a kick-ass coin. It also has only ever used RingCT, has a fixed ring size of 13, and we plan on adding uncle mining and researching block tree sharding.

Cheers !

good relashionship with Monero,

Cringe level BS. I know there are people stupid enough to buy this line, but I really doubt they are on this thread--maybe know the community before going full-shill.

Here we go:

Masari dev writed this post when Monero forked: https://www.reddit.com/r/Monero/comments/8a7ubh/only_20_of_the_blocks_coming_into_the_fork_are/

FluffyPony talked about MSR in his podcast: https://www.youtube.com/watch?v=TATpQ7KogBc&feature=youtu.be&t=6074

and also tweeted about MSR before that: https://twitter.com/fluffypony/status/971103127947669505

I don't know which one of us does not really know the comunity, i am a Monero Hodler for a long time 

[generalizethis]

Also guys you should have a look at coins that actively support Monero development: Masari.

It's a Monero fork, good relashionship with Monero, only 18.5 millions total coin supply and it's still early, only 3000 sats on SouthXchange and Tradeogre.
If you count that Masari uses a weighted harmonic mean difficulty adjustment algorithm for smoother difficulty adjustment, which has been PR'd back to Monero you already have a kick-ass coin. It also has only ever used RingCT, has a fixed ring size of 13, and we plan on adding uncle mining and researching block tree sharding.

Cheers !

good relashionship with Monero,

Cringe level BS. I know there are people stupid enough to buy this line, but I really doubt they are on this thread--maybe know the community before going full-shill.

Here we go:

Masari dev writed this post when Monero forked: https://www.reddit.com/r/Monero/comments/8a7ubh/only_20_of_the_blocks_coming_into_the_fork_are/

FluffyPony talked about MSR in his podcast: https://www.youtube.com/watch?v=TATpQ7KogBc&feature=youtu.be&t=6074

and also tweeted about MSR before that: https://twitter.com/fluffypony/status/971103127947669505

I don't know which one of us does not really know the comunity, i am a Monero Hodler for a long time  

My bad. Given the timing, I thought it was just another money grab project--if they are actually contributing to research and not just taking advantage of the ASIC resistance feud, then it may not be as bad as I thought. Though I'm still suspicious of the timing. TBH, I don't follow the Monero reddit as I once had, so this is my main news aggregate. Also, you are still coming on strong in the shill department (saying you are a long time hodler with noob account is equivalent to the car salesmen's "trust me!"--it comes accross as desperate, same goes for listing exchanges and the current price in satoshis).

[nazzer]

If you count that Masari uses a weighted harmonic mean difficulty adjustment algorithm for smoother difficulty adjustment, which has been PR'd back to Monero you already have a kick-ass coin. It also has only ever used RingCT, has a fixed ring size of 13, and we plan on adding uncle mining and researching block tree sharding.

Overstatement?

WHM dev + details : https://github.com/zawy12/difficulty-algorithms/issues/3
Monero project discussion : https://github.com/monero-project/research-lab/issues/3

WHM was adopted by MSR, they didn't invent it. Reading source comments MSR devs did contribute some.

In Official XMR github Fluffypony says he prefers EMA.

Clones will be clones - good for testing stuff though.

[JuniAiko]

I know theres a controversy surrounding the MoneroV fork (i.e. the fork isn't supported by the main Monero team), that is coming in 12 days. But it free coins, so why not. Buying in soon to take a ride on the pre-fork (buy the rumor, sell the news) style pump.. and eject before the predicted dump.

Also tax season in Australia is approaching. Wondering if there will be a pump in Monero again due to that.

[nazzer]

I know theres a controversy surrounding the MoneroV fork (i.e. the fork isn't supported by the main Monero team), that is coming in 12 days. But it free coins, so why not. Buying in soon to take a ride on the pre-fork (buy the rumor, sell the news) style pump.. and eject before the predicted dump.

Also tax season in Australia is approaching. Wondering if there will be a pump in Monero again due to that.

I think the main issue with MoneroV is that it’s a blockchain hardfork - good for free coins, bad for security ... you’d be risking a lot by spending coins on this chain.

Edit: probably good for XMR price though...