[XMR] Monero Speculation

[joroz]

Look at that transaction data:

We will finally go above Mays numbers. I still dont understand why May was so special. Nothing unusual beside  last weeks of lock downs in Europe and USA.  Last few months had few good weeks and few bad. October had only good weeks beside the protocol upgrade two days. With a pace like this we might not see less then 20k transaction a day in 2021.

Which most propably implies that we will have a new ATH by July 2021 

July seems a long time for ATH.  However, since I'm usually ahead of myself, and you are usually correct, I will take your word for it

March 2021

[1714618578]

1714618578

[explorer]

Look at that transaction data:

We will finally go above Mays numbers. I still dont understand why May was so special. Nothing unusual beside  last weeks of lock downs in Europe and USA.  Last few months had few good weeks and few bad. October had only good weeks beside the protocol upgrade two days. With a pace like this we might not see less then 20k transaction a day in 2021.

Which most propably implies that we will have a new ATH by July 2021 

July seems a long time for ATH.  However, since I'm usually ahead of myself, and you are usually correct, I will take your word for it

March 2021

That's where I would put it, With my usual enthusiasm.  I also figured for a BTC ATH by the end of November.  We shall see.  Worth the wait in any case, knowing it is inevitable.

[joroz]

March 2021

That's where I would put it, With my usual enthusiasm.  I also figured for a BTC ATH by the end of November.  We shall see.  Worth the wait in any case, knowing it is inevitable.

March 15, 2021 is when the number of days since Monero’s ATH (12/20/2017) will be equal to the number of days it took Bitcoin to set a new ATH after the last bear market (11/30/2013 to 2/23/2017 - 1181 days).

Let’s see if history rhymes...

[elrippos friend]

Look at that transaction data:

We will finally go above Mays numbers. I still dont understand why May was so special. Nothing unusual beside  last weeks of lock downs in Europe and USA.  Last few months had few good weeks and few bad. October had only good weeks beside the protocol upgrade two days. With a pace like this we might not see less then 20k transaction a day in 2021.

Which most propably implies that we will have a new ATH by July 2021 

July seems a long time for ATH.  However, since I'm usually ahead of myself, and you are usually correct, I will take your word for it

I usually am also ahead of my self so this is a conservative look into the crystal bulb but i think we will be very happy in the spring of next year 

[elrippos friend]

March 2021

That's where I would put it, With my usual enthusiasm.  I also figured for a BTC ATH by the end of November.  We shall see.  Worth the wait in any case, knowing it is inevitable.

March 15, 2021 is when the number of days since Monero’s ATH (12/20/2017) will be equal to the number of days it took Bitcoin to set a new ATH after the last bear market (11/30/2013 to 2/23/2017 - 1181 days).

Let’s see if history rhymes...

History for sure, but i am sceptical if it will be in the same rythm..... 

[explorer]

Oct 2020   501,273 transactions.  Wow.  Better than 25% up from September, and also from ATH @ May 2020.  Let's finish this price dip and get on with it!

[grendel25]

How long can Monero really stay competitive when there are other coins transacting 20-times faster and with privacy that is just as good if not better?  I speculate that Monero will have to undergo a serious overhaul if it wants to keep up with emerging technologies.  If not, it will drift away and be forgotten.

[Permonik]

How long can Monero really stay competitive when there are other coins transacting 20-times faster and with privacy that is just as good if not better?  I speculate that Monero will have to undergo a serious overhaul if it wants to keep up with emerging technologies.  If not, it will drift away and be forgotten.

Hi, can you suggest some new coins which are faster with better privacy?
THX

[explorer]

holy wall action on binance btc-xmr 

0.009 11k sell.  Hasn't been action like that in a while.

[elrippos friend]

How long can Monero really stay competitive when there are other coins transacting 20-times faster and with privacy that is just as good if not better?  I speculate that Monero will have to undergo a serious overhaul if it wants to keep up with emerging technologies.  If not, it will drift away and be forgotten.

Ok, then please list the coins were transaction times are 20 times faster (180 to 540 seconds / 20 = 9 to 27seconds) and have the equal or better privacy, i´ll get my popcorn in the meanwhile  

[explorer]

How long can Monero really stay competitive when there are other coins transacting 20-times faster and with privacy that is just as good if not better?  I speculate that Monero will have to undergo a serious overhaul if it wants to keep up with emerging technologies.  If not, it will drift away and be forgotten.

Ok, then please list the coins were transaction times are 20 times faster (180 to 540 seconds / 20 = 9 to 27seconds) and have the equal or better privacy, i´ll get my popcorn in the meanwhile  

Take your time.

[grendel25]

How long can Monero really stay competitive when there are other coins transacting 20-times faster and with privacy that is just as good if not better?  I speculate that Monero will have to undergo a serious overhaul if it wants to keep up with emerging technologies.  If not, it will drift away and be forgotten.

Ok, then please list the coins were transaction times are 20 times faster (180 to 540 seconds / 20 = 9 to 27seconds) and have the equal or better privacy, i´ll get my popcorn in the meanwhile

Take your time.

I've read multiple estimates and even used monero for several transactions back in 2014.  It's 20+ minutes for a transaction.  Simple math of 20x faster comes down to about a minute.  Mimblewimble is far better privacy because of cut through and dandelion so there are no externally visible addresses or amounts and it's impossible to trace.  The best iteration of mimblewimble for the purposes of private use money is Epic Cash.  It's extremely fast with a 60-second block time and I've seen transactions execute in a few seconds.

I'm surprised you had to ask given my signature block.

I would say Epic Cash is about where Monero was in 2014.  Still a little clunky on the UI but bleeding edge technology as Monero was in 2014.  Epic is just better technology.  Just how tech moves.  

[dikobraz123]

Anyone remember this?
https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

[Shkembe]

Nice signature by the way...

[sech1]

I've read multiple estimates and even used monero for several transactions back in 2014.  It's 20+ minutes for a transaction.  Simple math of 20x faster comes down to about a minute.  Mimblewimble is far better privacy because of cut through and dandelion so there are no externally visible addresses or amounts and it's impossible to trace.  The best iteration of mimblewimble for the purposes of private use money is Epic Cash.  It's extremely fast with a 60-second block time and I've seen transactions execute in a few seconds.

I'm surprised you had to ask given my signature block.

I would say Epic Cash is about where Monero was in 2014.  Still a little clunky on the UI but bleeding edge technology as Monero was in 2014.  Epic is just better technology.  Just how tech moves.  

Monero has 2 minute block times and it has Dandelion too. And no, Mimblewimble is not private at all - everything can be traced with real-time logging of transactions.

[explorer]

How long can Monero really stay competitive when there are other coins transacting 20-times faster and with privacy that is just as good if not better?  I speculate that Monero will have to undergo a serious overhaul if it wants to keep up with emerging technologies.  If not, it will drift away and be forgotten.

Ok, then please list the coins were transaction times are 20 times faster (180 to 540 seconds / 20 = 9 to 27seconds) and have the equal or better privacy, i´ll get my popcorn in the meanwhile

Take your time.

I've read multiple estimates and even used monero for several transactions back in 2014.  It's 20+ minutes for a transaction.  Simple math of 20x faster comes down to about a minute.  Mimblewimble is far better privacy because of cut through and dandelion so there are no externally visible addresses or amounts and it's impossible to trace.  The best iteration of mimblewimble for the purposes of private use money is Epic Cash.  It's extremely fast with a 60-second block time and I've seen transactions execute in a few seconds.

I'm surprised you had to ask given my signature block.

I would say Epic Cash is about where Monero was in 2014.  Still a little clunky on the UI but bleeding edge technology as Monero was in 2014.  Epic is just better technology.  Just how tech moves.  

   XMR at the end of 2020 doesn't have much left of MRO from 2014.  You might have a bit of catching up to do.

[Permonik]

How long can Monero really stay competitive when there are other coins transacting 20-times faster and with privacy that is just as good if not better?  I speculate that Monero will have to undergo a serious overhaul if it wants to keep up with emerging technologies.  If not, it will drift away and be forgotten.

Ok, then please list the coins were transaction times are 20 times faster (180 to 540 seconds / 20 = 9 to 27seconds) and have the equal or better privacy, i´ll get my popcorn in the meanwhile

Take your time.

I've read multiple estimates and even used monero for several transactions back in 2014.  It's 20+ minutes for a transaction.  Simple math of 20x faster comes down to about a minute.  Mimblewimble is far better privacy because of cut through and dandelion so there are no externally visible addresses or amounts and it's impossible to trace.  The best iteration of mimblewimble for the purposes of private use money is Epic Cash.  It's extremely fast with a 60-second block time and I've seen transactions execute in a few seconds.

I'm surprised you had to ask given my signature block.

I would say Epic Cash is about where Monero was in 2014.  Still a little clunky on the UI but bleeding edge technology as Monero was in 2014.  Epic is just better technology.  Just how tech moves.  

   XMR at the end of 2020 doesn't have much left of MRO from 2014.  You might have a bit of catching up to do.

Yes, monero is totaly different now from what it was 3years or more ago. 

[elrippos friend]

How long can Monero really stay competitive when there are other coins transacting 20-times faster and with privacy that is just as good if not better?  I speculate that Monero will have to undergo a serious overhaul if it wants to keep up with emerging technologies.  If not, it will drift away and be forgotten.

Ok, then please list the coins were transaction times are 20 times faster (180 to 540 seconds / 20 = 9 to 27seconds) and have the equal or better privacy, i´ll get my popcorn in the meanwhile

Take your time.

I've read multiple estimates and even used monero for several transactions back in 2014.  It's 20+ minutes for a transaction.  Simple math of 20x faster comes down to about a minute.  Mimblewimble is far better privacy because of cut through and dandelion so there are no externally visible addresses or amounts and it's impossible to trace.  The best iteration of mimblewimble for the purposes of private use money is Epic Cash.  It's extremely fast with a 60-second block time and I've seen transactions execute in a few seconds.

I'm surprised you had to ask given my signature block.

I would say Epic Cash is about where Monero was in 2014.  Still a little clunky on the UI but bleeding edge technology as Monero was in 2014.  Epic is just better technology.  Just how tech moves.  

I am laughing my ass of as everybody else in here too mate 
You are refering to 2014 so your base is 6 years old until today and you honestly want to tell us, that this mimblewimble thing is accurate? I think you are the one who has to do the reading and has to get a hold of latest technology but maybe this is also the fact why Moneros protocol is copied in many other coins then your epic pac man thing.
So please do yourself a favour and never post here again, your dullness is hurting my intelligence 
Ps.: Nobody gives a fcuk about your signature 

[bitebits]

[...] your epic pac man thing.

Hey take it easy now please


Edit:

https://localmonero.co/blocks/block/2222222
Timestamp 2020-11-03 04:49:13 UTC

[explorer]

Anyone remember this?
https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

Nice one, I missed that on my sabbatical.