[XMR] Monero Speculation

[nazzer]

...
I missed the predicted dip - went down to 260 before bouncing back to 275

If you think the price will be $700 or higher, it is still a good entry point now.

In the meantime, I'm riding the current wave - managed to increase my XMR holdings a wee bit by selling at 295 and buying back ~260

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[Ludwish]

Monero will be bloomed this year i am sure about it base on my own observation it will go ride with bitcoin.

The Monero price is almost the same as the ZCash now. It might be more than ZEC in the next few months.

[generalizethis]

Monero will be bloomed this year i am sure about it base on my own observation it will go ride with bitcoin.

The Monero price is almost the same as the ZCash now. It might be more than ZEC in the next few months.

This shouldn't be a suprise. No one uses Zcash for privacy and the issuance rate is ridiculous--not to metion their team goes out of their way to alienate the prvacy community. From the moment they had a trust ceremony to Zooko's dumbass twitter comments this coin has been a trainwreck--Sapling is a step in the right direction, but without a complete reorg, the underlying problem (a complete disregard for what the privacy community wants from a privacy coin) will exist. Zsnarks were a great idea that fell into the wrong hands and became the plaything for a few spoiled academics who don't mind getting paid to waste everyone's time. Though the inability to audit the supply probably made it a terrible idea for a space the that coined the term "hodl"--though that and the trusted ceremony  should have been the only concerns.

TLDR: If the Monero team had created Zcash, the only concern would be an unauditable supply and the trust ceremony. Instead we have: issuance rate, dev tax, backdoors, trust ceremony, corporate coin, optional privacy (which gives you fungibility and low anonymity set issues) and an unauditable supply.

[nazzer]

Hopefully the weekend brings a $300 price tag on Monero; and even though we don't like it, the MoneroV fork may well push this all the way back to $350 again at the end of the month.

250-260 seems like an ideal entry point right now - XMR has managed to ride the recent MtGox dump of BTC

[fromholland]

monero price 2020?

I think because of the dwindling supply of Monero 15k USD could be possible.

I am watching the following chart since a long time and it works out perfectly: https://www.tradingview.com/chart/XMRUSD/89VEffxW-Monero-s-dwindling-supply-10k-in-2019-scenario/

Looks like XMR should be around $950 right now according to this chart??

[nazzer]

monero price 2020?

I think because of the dwindling supply of Monero 15k USD could be possible.

I am watching the following chart since a long time and it works out perfectly: https://www.tradingview.com/chart/XMRUSD/89VEffxW-Monero-s-dwindling-supply-10k-in-2019-scenario/

Looks like XMR should be around $950 right now according to this chart??

If you believe charts ... it's still within the (rather huge) range between $260 and $1000 

[Globb0]

Nice chart tho when you run the plot forward he hit the lines pretty well.

[newbie-hero]

Forecasts though ungrateful occupation, but simple and entertaining especially with respect to Monero. The message that Monero is able to catch even bitcoin, led to the fact that after this the crypto currency started to rise. Therefore, we are waiting for the good news related to Monero.

[Hueristic]

...
I missed the predicted dip - went down to 260 before bouncing back to 275

If you think the price will be $700 or higher, it is still a good entry point now.

In the meantime, I'm riding the current wave - managed to increase my XMR holdings a wee bit by selling at 295 and buying back ~260

I thought about doing that when BTC hit $9800 but I just couldn't get myself to trust USDT, with my luck it would implode the instant I converted to it.

Monero will be bloomed this year i am sure about it base on my own observation it will go ride with bitcoin.

The Monero price is almost the same as the ZCash now. It might be more than ZEC in the next few months.

This shouldn't be a suprise. No one uses Zcash for privacy and the issuance rate is ridiculous--not to metion their team goes out of their way to alienate the prvacy community. From the moment they had a trust ceremony to Zooko's dumbass twitter comments this coin has been a trainwreck--Sapling is a step in the right direction, but without a complete reorg, the underlying problem (a complete disregard for what the privacy community wants from a privacy coin) will exist. Zsnarks were a great idea that fell into the wrong hands and became the plaything for a few spoiled academics who don't mind getting paid to waste everyone's time. Though the inability to audit the supply probably made it a terrible idea for a space the that coined the term "hodl"--though that and the trusted ceremony  should have been the only concerns.

TLDR: If the Monero team had created Zcash, the only concern would be an unauditable supply and the trust ceremony. Instead we have: issuance rate, dev tax, backdoors, trust ceremony, corporate coin, optional privacy (which gives you fungibility and low anonymity set issues) and an unauditable supply.

Literally the only thing they did right was getting Peter Todd in on the ceremony and he distanced himself pretty quickly from that bit of hocus pocus (by focus?).

https://www.youtube.com/watch?v=MV0F_XiR48Q

Love that song!

I never even saw this Tweet.
https://twitter.com/peterktodd/status/919235622350487552

[Anon136]

Wow monero really under performing other alts. This is unusual. We are about to be overtaken by That Which Shall Not Be Named. Any idea what's going on?

[Hueristic]

Wow monero really under performing other alts. This is unusual. We are about to be overtaken by That Which Shall Not Be Named. Any idea what's going on?

Low Volume?

[Kilorew]

Hey guys seeing as how there is so many different forks of Monero (Monero Original, Monero Classic, MoneroCash, MoneroV)

Is it actually possible to claim all of these coins, or am I only able to claim one on the old chain.

I have read the risks/concerns in regards to privacy etc.

Does anyone know how we are able to claim them?

[Globb0]

Why don't you ask on their threads?

[Cryptochadder]

Hey guys seeing as how there is so many different forks of Monero (Monero Original, Monero Classic, MoneroCash, MoneroV)

Is it actually possible to claim all of these coins, or am I only able to claim one on the old chain.

I have read the risks/concerns in regards to privacy etc.

Does anyone know how we are able to claim them?

You can claim only upcoming forks. For example there gonna be Monero V hard fork very soon. So don't hesitate to get it. If you haven't done it ever before better use some tutorial, for example this one :
https://www.youtube.com/watch?v=L7RXCMAwH_E

[Kilorew]

Hey guys seeing as how there is so many different forks of Monero (Monero Original, Monero Classic, MoneroCash, MoneroV)

Is it actually possible to claim all of these coins, or am I only able to claim one on the old chain.

I have read the risks/concerns in regards to privacy etc.

Does anyone know how we are able to claim them?

You can claim only upcoming forks. For example there gonna be Monero V hard fork very soon. So don't hesitate to get it. If you haven't done it ever before better use some tutorial, for example this one :
https://www.youtube.com/watch?v=L7RXCMAwH_E

Yes yes, nice try moronic scammer www.monero-v.com (When official site is monerov.org)

Just asking question, are Monero Original and Monero Classic on the same chain meaning you can only claim one ?

[nazzer]

Why aren't more people buying Monero to claim more shitcoins? We gotta break 300!

[Febo]

Just asking question, are Monero Original and Monero Classic on the same chain meaning you can only claim one ?

Yes is same coin just named differently on different exchanges.   This basically shows you the nature of true cryptocurrencies. They dont belong to noone. Two different groups can name it differently.

Hopefully the weekend brings a $300 price tag on Monero; and even though we don't like it, the MoneroV fork may well push this all the way back to $350 again at the end of the month.

MoneroV will do nothing.  But weekend just started so we will see really soon.

[garytheasshole]

Just asking question, are Monero Original and Monero Classic on the same chain meaning you can only claim one ?

Yes is same coin just named differently on different exchanges.   This basically shows you the nature of true cryptocurrencies. They dont belong to noone. Two different groups can name it differently.

Hopefully the weekend brings a $300 price tag on Monero; and even though we don't like it, the MoneroV fork may well push this all the way back to $350 again at the end of the month.

MoneroV will do nothing.  But weekend just started so we will see really soon.

But but, one chain is not big enough for two...

[Hueristic]

Nor sure what is causing this dip after the nice overdue runup but I tried to grab some at .0275 and by the time I got confirmed it had jumped over .028 Dammit. Well Maybe BTC will rally while I'm waiting again.

I just lose too much time watching shit like this.

https://www.binance.com/tradeDetail.html?symbol=XMR_BTC

It's like watching a fencing match in slow motion. Lol

[Shnikes101]

Saw this over on reddit. Good for polo

https://www.reddit.com/r/Monero/comments/8fdfpe/poloniex_wont_be_supporting_xmv/