[XMR] Monero Speculation

[Febo]

When BTC parity?

Emission inflation or as it is modern term nowadays a stock to flow factor will reach parity with Bitcoin in August.



Uh and I decided that same as I did after years using term Monero fork instead of Monero protocol upgrade, to also start calling Monero a cryptocurrency.  And all cryptocurrencies without opaque ledger a transparent ledger cryptocurrencies.  Money, so a currency have to be fungible. Since transparent ledger one cant be, that means they are not a cryptocurrencies but a transparent ledger cryptocurrencies.

[Globb0]

Monero conference live !!!!   woooo


https://www.youtube.com/watch?v=AsJaMw-3gGE

[SixFigures]

I copied this from one reddit post yesterday when someone was calculation how big were transactions last month and compare them with Bitcoins.  Monero transactions take ~ 5.23x more space than Bitcoin transactions    If we take 20% off we get 4.2x    I wonder where is limit. How close to bitcoin will we eventually get.

The thing is Bitcoin has the same sorts of advances on the horizon.  I doubt Monero ever catches up.

What is important is Monero KEEPS up.

In 2017, Monero was one of the best runners. Suppose, this year, it will move faster. I guess Monero can reach 180 dollars for an altcoin at least. It must get its place on the top-10 cryptocurrencies list.

Actually in 2016 Monero was the best runner. If 2019 is new 2015, then 2020 will be Monero 2016 over again.

It is time to concentrate on monero, I think monero will move fast once again this year or on next year. I am trying to collect monero slowly, will try to collect as many as possible.

Who doesn't? It is one of the best coins out there. Big fan of it ever since I found out about it. Real use case and strong tech.

[Globb0]

Wow this whole drone thing wasn't BS potentially 1.9M devices  eek

What about so many other devices. I'm telling you this is exciting times!

[Febo]

Wow this whole drone thing wasn't BS potentially 1.9M devices  eek

What about so many other devices. I'm telling you this is exciting times!

She said Q2 2020. Maybe first will not mine. Who knows, but however in a year time we should at least see something.

[Hueristic]

Wow this whole drone thing wasn't BS potentially 1.9M devices  eek

What about so many other devices. I'm telling you this is exciting times!

She said Q2 2020. Maybe first will not mine. Who knows, but however in a year time we should at least see something.

She also said the pre-orders had to be closed because they got too many!

Wow this whole drone thing wasn't BS potentially 1.9M devices  eek

What about so many other devices. I'm telling you this is exciting times!

Only thing I didn't like was hearing that ETH would be mined as well.


That chick is a great speaker, I hope to hear more from her.

[rinus]

Wow this whole drone thing wasn't BS potentially 1.9M devices  eek

What about so many other devices. I'm telling you this is exciting times!

She said Q2 2020. Maybe first will not mine. Who knows, but however in a year time we should at least see something.

What is this About?

[tokeweed]

Wow this whole drone thing wasn't BS potentially 1.9M devices  eek

What about so many other devices. I'm telling you this is exciting times!

I'd be all over this going 'yyyeaaah!' three years ago, but now?  Nah.  Jaded with all the promises made in the space that usually end up being meh.  But if it takes XMR from wherever it is now to fifth at CMC then great.

[Globb0]

Even if its just proof of concept. Anything using renewable energy with spare processing can return (more) on investment. That makes businesses and governments listen.

[cAPSLOCK]

Wow this whole drone thing wasn't BS potentially 1.9M devices  eek

What about so many other devices. I'm telling you this is exciting times!

This blows my mind though.  Why would they use the limited battery capacity of a drone to do crypto mining?!?

Are the drones solar charged?

[jwinterm]

Wow this whole drone thing wasn't BS potentially 1.9M devices  eek

What about so many other devices. I'm telling you this is exciting times!

This blows my mind though.  Why would they use the limited battery capacity of a drone to do crypto mining?!?

Are the drones solar charged?

I didn't watch the drone talk, only the more general one, but I think the idea is that when they're sitting idle on the shelf on wall power they would mine, not while operating on battery.

[Febo]

Wow this whole drone thing wasn't BS potentially 1.9M devices  eek

What about so many other devices. I'm telling you this is exciting times!

I'd be all over this going 'yyyeaaah!' three years ago, but now?  Nah.  Jaded with all the promises made in the space that usually end up being meh.  But if it takes XMR from wherever it is now to fifth at CMC then great.

It will not move it anywhere. But is nice if there will be such use case for Monero. Bulletproofs for bullet stoppers.  Yes that at the end network is more secured and similar, but is just good that different things like this pop up. Just like it was with internet. No one would imagine even 1% of things that exist today and are possible because of interent in 1990.   It does not mean it will work at the end. Coinhive also cease to exist and seemed a good idea at start. Not that I am saying it will not get revived.

What is this About?

Here is interview with her after her talk https://www.youtube.com/watch?v=jl1w6VDEWq4

[Globb0]

Wow this whole drone thing wasn't BS potentially 1.9M devices  eek

What about so many other devices. I'm telling you this is exciting times!

This blows my mind though.  Why would they use the limited battery capacity of a drone to do crypto mining?!?

Are the drones solar charged?

I presumed this or solar recharge on the squad car or something.

[Hueristic]

It's a Botnet we can be proud of.

Only issue I see is I guess that is the chick that fucked over everyone in the fpga scam.

But she's taking pre orders from LEA so if she fucks them over she's done.

[aminorex]

Multiply hash rate times transaction volume and divide by emission. Extrapolate linearly.

Seems to be working this year.

[Biro Bob]

I bought a bunch a 0.0102 and was happy with that.

Currently 0.01017 at Poloniex. I fear if we break 0.01, then 0.007 wont be far behind.

[joroz]

I bought a bunch a 0.0102 and was happy with that.

Currently 0.01017 at Poloniex. I fear if we break 0.01, then 0.007 wont be far behind.

XMR/BTC: 0.00997

Ouch.

[Globb0]

yes but 114.06$

[Biro Bob]

I bought a bunch a 0.0102 and was happy with that.

Currently 0.01017 at Poloniex. I fear if we break 0.01, then 0.007 wont be far behind.

XMR/BTC: 0.00997

Ouch.

Well.. There's 50 BTC up to 0.0115 and and 50 BTC down to 0.0098 (Polo)- Having bought a few today, I'm gonna do nothing for the rest of the day. Will consider buying more in the next few days if this battle rages on.

[kurious]

Multiply hash rate times transaction volume and divide by emission. Extrapolate linearly.

Seems to be working this year.

Good to see you pop by, Aminorex.

I am hoping it's timed to signal a turn upwards - I confess I really didn't expect to see it go under 0.01.