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Author Topic: [XMR] Monero Speculation  (Read 3297847 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.)
ArticMine
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April 21, 2018, 09:05:29 PM
Last edit: April 21, 2018, 09:28:47 PM by ArticMine
Merited by Hueristic (1), Whtwabbit (1)
 #37881

As we know that Monero's (XMR) advantage lies in its function as a full anonymous cryptocurrency (privacy), unlike BitCoin or some other crypto which we can not call Full anonymous because if I know the wallet of your BitCoin address

There is way more to Monero than fungibility, privacy and anonymity.

There is also the reality that at the protocol level Monero can scale while Bitcoin cannot. The competitiveness of Monero's ability to scale at the protocol level, has been clouded by the very large Monero tx size when compared to Bitcoin. This difference in tx size of course has noting to do with Bitcoin's inherent inability to scale at the protocol level, since no amount of technological improvement such as moving from punched cards and telegraph lines to smartphones and fiber optics will address Bitcoin's scaling problems. Still bulletproofs could easily, by decreasing tx size in Monero by ~80%, remove this negative cloud of relative tx size and expose Monero's fundamental scaling advantage over Bitcoin to the market. If this happens I would not be surprised if we saw a significant price increase of Monero with respect to Bitcoin even in the range of ~10x. A scenario of say Bitcoin at 8,000 USD and Monero at say 2000 USD is actually not that unreasonable in a neutral to bull market or that matter say Bitcoin at 800 USD and Monero at 200 USD in a neutral to bear market scenario.

Edit 1: That above scenario is very consistent with the sharp drop in Bitcoin dominance we have seen over the last 3 years.
Edit 2: When the Diner's club was launched in 1950, they charged merchants a 7% fee to process the transactions. Today a Canadian paying for gas the United States with a Canadian credit card ends up paying more: A total of ~7.5% consisting of a  ~3,.5%  merchant fee that is passed on to the customer and a hidden but very real fee of ~4% over mid market rate charged by the bank on the CAD / USD currency exchange. So while the actual cost of processing this transaction has easily fallen during the last 68 years by a factor of 1012 or more, the end user cost had actually gone up. Why? Because the credit card industry business models (equivalent to protocol in crypto currency) are still based upon the technology of the 1940's.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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estenity
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April 22, 2018, 12:18:17 AM
 #37882

I thought looks healthy.




Don't get too zoomed in.


presently confirming the cup with handle, by achieving the handle.
dvabit
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April 22, 2018, 04:25:58 AM
Merited by Globb0 (4)
 #37883

If anyone want to learn about Monero and it's working style, visit this article - http://www.hashtaginvesting.com/blog/what-is-monero-vs-bitcoin

Woooo got 6 merits from Globb0  thank you so much mate love you!  Cheesy Cheesy Cheesy
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April 22, 2018, 09:54:10 AM
 #37884

Strong push at 0.03 again - let's see if XMR can gain some momentum

Vega 56 | Vega 64 | RX580 | GTX1070 | 1050Ti | S9 | L3+
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April 22, 2018, 10:15:17 AM
 #37885

Yes a nice steady push. Nice day for some chart watching in the shade.  Smiley


If anyone want to learn about Monero and it's working style, visit this article - http://www.hashtaginvesting.com/blog/what-is-monero-vs-bitcoin

Woooo got 6 merits from Globb0  thank you so much mate love you!  Cheesy Cheesy Cheesy

Very welcome, thank you for sharing interesting content.

Lets round it up to 10 for being a great forum member also.

x
dvabit
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April 22, 2018, 10:59:15 AM
 #37886

Yes a nice steady push. Nice day for some chart watching in the shade.  Smiley


If anyone want to learn about Monero and it's working style, visit this article - http://www.hashtaginvesting.com/blog/what-is-monero-vs-bitcoin

Woooo got 6 merits from Globb0  thank you so much mate love you!  Cheesy Cheesy Cheesy

Very welcome, thank you for sharing interesting content.

Lets round it up to 10 for being a great forum member also.

x

Oh my god Oh my god i can't breath, 4 more from Globb0..   Thank you thank you thank you!
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April 22, 2018, 11:18:32 AM
 #37887

What is the timeframe for the hard forks now?  I thought we'd just recently had one but there's another one upcoming, which I assume is partly the reason for this price action.

Question answered
https://monerov.org/announcement-monerov-fork-date-postponed/

Difficult to believe XMR is still only 11th on the market cap list

https://coinmarketcap.com/all/views/all/

But at least we're ahead of Dash

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April 22, 2018, 11:23:16 AM
 #37888

The long term is for Monero

Bitcoin : The Only One
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April 22, 2018, 12:08:47 PM
 #37889

What is the timeframe for the hard forks now?  I thought we'd just recently had one but there's another one upcoming, which I assume is partly the reason for this price action.

Question answered
https://monerov.org/announcement-monerov-fork-date-postponed/

Difficult to believe XMR is still only 11th on the market cap list

https://coinmarketcap.com/all/views/all/

But at least we're ahead of Dash

my guess on why we’re #11 is because so many of the projects are older than monero. monero is still a baby having just turned 4. give us three years and we’ll be a top 5 coin.
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April 22, 2018, 12:51:35 PM
 #37890

As I write, price of XMR > ZCash on CMC. First time, I think?

Baguette Holder.
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April 22, 2018, 02:01:28 PM
 #37891

my greetings after long time,

just a question. is Monero going up because of the upcoming fork ?
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April 22, 2018, 02:06:27 PM
 #37892

my greetings after long time,

just a question. is Monero going up because of the upcoming fork ?

Who knows, but I think that's likely. The fork is due to happen on 30 April.  There was a similar price rise prior to the last time the MoneroV fork was scheduled (although it was later postponed).
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April 22, 2018, 02:14:54 PM
 #37893

my greetings after long time,

just a question. is Monero going up because of the upcoming fork ?

More than likely.
Febo
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April 22, 2018, 02:16:09 PM
 #37894

my greetings after long time,

just a question. is Monero going up because of the upcoming fork ?

Monero forked weeks ago.
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April 22, 2018, 02:21:26 PM
 #37895

my greetings after long time,

just a question. is Monero going up because of the upcoming fork ?

Monero forked weeks ago.

Really?? how is that? https://monerov.org/  clearly says ~30th of April 2018... and as far as i know we are on 22th of April today.

You speak for another fork?
DaveyJones
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April 22, 2018, 02:22:15 PM
 #37896

my greetings after long time,

just a question. is Monero going up because of the upcoming fork ?

Guess Partially ... im not hearing as much/an noise at all about V unlike last time.
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April 22, 2018, 02:23:44 PM
 #37897

my greetings after long time,

just a question. is Monero going up because of the upcoming fork ?

Monero forked weeks ago.

Really?? how is that? https://monerov.org/  clearly says ~30th of April 2018... and as far as i know we are on 22th of April today.

You speak for another fork?

He was talking about the REAL fork where monero upgraded from ASICs back to CPU/GPU ... this is just a shitcoin fork ... look @ XMO or XMC they didnt go anywhere
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April 22, 2018, 03:31:43 PM
 #37898

my greetings after long time,

just a question. is Monero going up because of the upcoming fork ?



More than likely.
I would agree but with one caveat.    This time Montero is rising in concert with much of the rest of the top altcoin market.  Possible it's overall rise may be fueled by more than fork speculation.
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April 22, 2018, 05:54:19 PM
 #37899

my greetings after long time,

just a question. is Monero going up because of the upcoming fork ?

Monero forked weeks ago.

Really?? how is that? https://monerov.org/  clearly says ~30th of April 2018... and as far as i know we are on 22th of April today.

You speak for another fork?

He was talking about the REAL fork where monero upgraded from ASICs back to CPU/GPU ... this is just a shitcoin fork ... look @ XMO or XMC they didnt go anywhere

I was not following the news for some period, thanks for the other forks info.
I keep some coins and i haven't sync them for 1 year since i do not want to sell no matter before  2020...
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April 22, 2018, 06:21:27 PM
Merited by explorer (1), Whtwabbit (1)
 #37900

https://monerobase.com/wiki/DevMeeting_2018-04-22


v0.12.1
-The GUI devs are working on a v0.12.1 build that fixes the (std::bad_cast) bug.
-GUI OpenAlias support.
-A Linux Wayland workaround(forcing XCB)
-Windows GUI will have ANGLE and MESA graphics libraries as a fallback
Monero Ecosystem/Projects: https://github.com/monero-ecosystem/meta
MyMonero for Apple iOS is in TestFlight
-If you're interested in joining the TestFlight, contact endogenic and get on the waitlist.
hyc is working on a Proof of Concept for a different PoW(proof of work) algorithm for Monero.
MoneroMooo is working on wallet refresh performance.
Devs are looking into ways to adjust the wallet so that users are more aware of when they may be on a non-official fork/chain.
The Official Monero Hardware Wallet (developer's edition, "Breakneck") is currently being tested.
Next meeting is May 6th, 2018.



So at beginning of May we will most likely get 0.12.1 with Ledger support.
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