[XMR] Monero Speculation

[Indamuck]

I'm not just going to give out valuable knowledge that I had to research myself, if you are willing to put in the time and effort you can find those projects that go 100x-1000x yourself.


If you believe monero will continue to be the dominant privacy coin for years than good luck to you, I hope all of crypto succeeds but I am looking for the highest return on my investment.

I've seen too many top companies that were beaten out by newcomers.  Obviously xmr isn't a company but the point stands.


Once .01 btc price gets broken it is going to look real bad.

please don't take offence to my opinion, I dumped my xmr for btc when the ratio was much higher because I think its the right financial move.

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[Hueristic]

Its no surprise that people in this thread remain optimistic about monero's future but I share a different sentiment.  Monero is a dying coin.  the hype is dying down, lots of new privacy projects will overtake the marketshare that xmr has managed to capture.  I would sell off for bitcoin if you are still holding any monero.

YAY, N00bs trolling preaching to sell while still possible!

BULLISH.

I'm not just going to give out valuable knowledge that I had to research myself, if you are willing to put in the time and effort you can find those projects that go 100x-1000x yourself.


If you believe monero will continue to be the dominant privacy coin for years than good luck to you, I hope all of crypto succeeds but I am looking for the highest return on my investment.

I've seen too many top companies that were beaten out by newcomers.  Obviously xmr isn't a company but the point stands.


Once .01 btc price gets broken it is going to look real bad.

please don't take offence to my opinion, I dumped my xmr for btc when the ratio was much higher because I think its the right financial move.

So glad you came here to let us know your out!

Trying to get back in cheaper?

Good luck on that.

[cAPSLOCK]

Its no surprise that people in this thread remain optimistic about monero's future but I share a different sentiment.  Monero is a dying coin.  the hype is dying down, lots of new privacy projects will overtake the marketshare that xmr has managed to capture.  I would sell off for bitcoin if you are still holding any monero.

You sure you woudn't us rather sell it for BSV???

There is a certain smell I noticed when you pranced into the room.

[7jaka7]

Its no surprise that people in this thread remain optimistic about monero's future but I share a different sentiment.  Monero is a dying coin.  the hype is dying down, lots of new privacy projects will overtake the marketshare that xmr has managed to capture.  I would sell off for bitcoin if you are still holding any monero.

You sure you woudn't us rather sell it for BSV???

There is a certain smell I noticed when you pranced into the room.

I am quite sure he couldn't list more than 5 privacy oriented coins without looking at CMC.
And no chance he could elaborate in comparing them.

[Biro Bob]

Its getting very close to triggering a bid I’ve had for nearly two years. Its not my lowest bid, but its getting there.

I also had forgotten that my BTC/XMR split used to act as a kind of damper in 2017 to manage volatility. I’m pretty sure that when the BTC and Crypto bull run starts again $63 and 0.01 are gonna seem like very safe entry points. (IMHO)

[Hueristic]

Yo, where can I short this shit!

[smooth]

Yo, where can I short this shit!

Kraken I think?

[Hueristic]

Yo, where can I short this shit!

Kraken I think?

Shit, H8 kraken and now polo. Running out of places to trade.

Does kraken take visa yet? I remember opening account there because they said they did and then it was disabled so I just never went back.

Just lost $1800 dirty fiat playing Omaha, shoulda bought M0ar.

[Kryptowerk]

Another investment you can make is into crypto art.
How about my new funded XMR-giftcards? https://bitcointalk.org/index.php?topic=5140464.0



And to make this less of a shill post:
Yeah, XMR @ a little over 0.01 is quite juicy imho. Unless Bitcoin manages to implement similar (level1) privacy and fungiblity features (which seems less and less likely as time goes on), Monero will always have a place in the crypto space.
Personally I see it in the 10% range of BTC in the long run, but that's just me.

[cAPSLOCK]

Another investment you can make is into crypto art.
How about my new funded XMR-giftcards? https://bitcointalk.org/index.php?topic=5140464.0


And to make this less of a shill post:
Yeah, XMR @ a little over 0.01 is quite juicy imho. Unless Bitcoin manages to implement similar (level1) privacy and fungiblity features (which seems less and less likely as time goes on), Monero will always have a place in the crypto space.
Personally I see it in the 10% range of BTC in the long run, but that's just me.

Nice looking work.

And you and I see this pretty much identically.  We are obviously in the stage of crypto that people are catching up with the idea that almost all alt coins are useless at best and most are scams.  There are a very few with utility and I think you have nailed the reason why Monero hangs around.  Some people like Howard Chu (lmdb/monero dev) think Bitcoin is flawed without layer 1 fungibility and Monero takes it's place.  Much respect to him, but I don't think so.. I think your idea is more right.  And 10% is a pretty good number.

[Febo]

Monero have like 2-3% of Bitcoins number of on chain transactions.  So price should be at least 0.02-0.03 BTC  To be safe double of that.

[Hueristic]

Another investment you can make is into crypto art.
How about my new funded XMR-giftcards? https://bitcointalk.org/index.php?topic=5140464.0


And to make this less of a shill post:
Yeah, XMR @ a little over 0.01 is quite juicy imho. Unless Bitcoin manages to implement similar (level1) privacy and fungiblity features (which seems less and less likely as time goes on), Monero will always have a place in the crypto space.
Personally I see it in the 10% range of BTC in the long run, but that's just me.

Nice looking work.

And you and I see this pretty much identically.  We are obviously in the stage of crypto that people are catching up with the idea that almost all alt coins are useless at best and most are scams.  There are a very few with utility and I think you have nailed the reason why Monero hangs around.  Some people like Howard Chu (lmdb/monero dev) think Bitcoin is flawed without layer 1 fungibility and Monero takes it's place.  Much respect to him, but I don't think so.. I think your idea is more right.  And 10% is a pretty good number.

It's not even debatable, layer 1 can never be as secure as layer 2.

That is just a technological fact.

[Bitcoinaire]

Alts, including monero, have been utterly crushed. But they'll be back, at least monero will be!

[generalizethis]

Alts, including monero, have been utterly crushed. But they'll be back, at least monero will be!

Once you see the maximalist claiming victory and all the noobs running towards Bitcoin, that's when the fun begins.

[infofront]

Another investment you can make is into crypto art.
How about my new funded XMR-giftcards? https://bitcointalk.org/index.php?topic=5140464.0


And to make this less of a shill post:
Yeah, XMR @ a little over 0.01 is quite juicy imho. Unless Bitcoin manages to implement similar (level1) privacy and fungiblity features (which seems less and less likely as time goes on), Monero will always have a place in the crypto space.
Personally I see it in the 10% range of BTC in the long run, but that's just me.

Nice looking work.

And you and I see this pretty much identically.  We are obviously in the stage of crypto that people are catching up with the idea that almost all alt coins are useless at best and most are scams.  There are a very few with utility and I think you have nailed the reason why Monero hangs around.  Some people like Howard Chu (lmdb/monero dev) think Bitcoin is flawed without layer 1 fungibility and Monero takes it's place.  Much respect to him, but I don't think so.. I think your idea is more right.  And 10% is a pretty good number.

Novogratz agrees. He recently predicted that altcoins will be left behind for a while for this reason. https://www.zerohedge.com/news/2019-05-10/crypto-surges-novogratz-sees-bitcoin-above-20000-within-18-months

I love my Monero maximalist brothers, but I don't see Bitcoin leaving the #1 spot. The BTC devs want a non-fungible Bitcoin that governments can feel warm and fuzzy about. For that reason, no effective anonymity solutions will be added to the base layer of Bitcoin. Even without privacy, Bitcoin marketcap won't be challenged by any other coin unless there's a catastrophe. It's the Schelling Point of crypto.

With that said, Monero is actually in a pretty good market position. It's the undisputed king of privacy coins and doesn't really compete with Bitcoin. Monero may be emerging as the Schelling Point of privacy coins.

[cAPSLOCK]

Monero may be emerging as the Schelling Point of privacy coins.

Exactly this.

[dEBRUYNE]

Another investment you can make is into crypto art.
How about my new funded XMR-giftcards? https://bitcointalk.org/index.php?topic=5140464.0


And to make this less of a shill post:
Yeah, XMR @ a little over 0.01 is quite juicy imho. Unless Bitcoin manages to implement similar (level1) privacy and fungiblity features (which seems less and less likely as time goes on), Monero will always have a place in the crypto space.
Personally I see it in the 10% range of BTC in the long run, but that's just me.

Nice looking work.

And you and I see this pretty much identically.  We are obviously in the stage of crypto that people are catching up with the idea that almost all alt coins are useless at best and most are scams.  There are a very few with utility and I think you have nailed the reason why Monero hangs around.  Some people like Howard Chu (lmdb/monero dev) think Bitcoin is flawed without layer 1 fungibility and Monero takes it's place.  Much respect to him, but I don't think so.. I think your idea is more right.  And 10% is a pretty good number.

Novogratz agrees. He recently predicted that altcoins will be left behind for a while for this reason. https://www.zerohedge.com/news/2019-05-10/crypto-surges-novogratz-sees-bitcoin-above-20000-within-18-months

I love my Monero maximalist brothers, but I don't see Bitcoin leaving the #1 spot. The BTC devs want a non-fungible Bitcoin that governments can feel warm and fuzzy about. For that reason, no effective anonymity solutions will be added to the base layer of Bitcoin. Even without privacy, Bitcoin marketcap won't be challenged by any other coin unless there's a catastrophe. It's the Schelling Point of crypto.

With that said, Monero is actually in a pretty good market position. It's the undisputed king of privacy coins and doesn't really compete with Bitcoin. Monero may be emerging as the Schelling Point of privacy coins.

Mike Novogratz actually holds a significant amount of Monero. Quoting myself:

Reminder that Galaxy Digital (Mike Novogratz' firm) holds a significant amount of Monero:

https://twitter.com/zhusu/status/1126394118093950983

They are, as far as I know, quite influential as well, which will hopefully benefit Monero eventually too.

[dEBRUYNE]

People often like to purport that Monero will inevitably get banned. However, the new FinCEN guidance is basically inconsistent with that notion. From the CoinCenter article:

Section 4.5.3 states that exchanges are not per se banned from using privacy-preserving cryptocurrencies but will need to comply with the same BSA regulations they comply with for typical cryptocurrencies. We believe that this is possible. Exchanges need to know their customers but they do not have a black letter law requirement to know the customers of their customers. In other words, a bank needs to know who you are but they are not obligated to know the name and address of people that you pay using cash you withdraw from your account.

https://coincenter.org/entry/fincen-s-new-cryptocurrency-guidance-matches-coin-center-recommendations

Arguably, this is long-term bullish for Monero.

[Biro Bob]

I’m never happy when I find this thread on page 2 of the speculation thread.

[KryptoKai]

At least monero has overtaken dash to become the top privacy coin in crypto. The question is whether or not it can retain the title as dash has a habit of rising above during a bull run.