Topic: 60k Moneroj. Will i be a millionaire by 2017? - page 4. (Read 9320 times)

No doubt, no doubt. $5 monero seems high, the technology is solid and it does a better job at creating fungible value for grey/black market transactions than Bitcoin does. I would say that given that the Monero economy is extremely nascent, there's room for plenty more adoption.

OP would have made about $285,000 profit (calculations were made @ $5.30/XMR). But enough bumping old threads and you (the Monero lovers) could just create a new one.

yeah but the more the price is high the more is harder for it to get higher, this is known, now you need greater adoption for bitcoin or altcoin, to move to the next value

People said that about $1 bitcoin, $10 bitcoin, $100 bitcoin. I sleep comfortably at night holding Monero knowing that it's solid technology that can't easily be introduced into Bitcoin in the near future. It could be $100/XMR and I'd still hold, albeit with selling on the way up too.

He could if he bought.

You already made a ton of money man. I would be scared to hold any longer. All altcoins are is just pumps and dumps, everyone just wants more BTC at the end of the day, so its not only when you buy, but when you sell it. If you hold too long you may become delusional with the potential gains and become a bagholder.

Right now I would sell XMR or at least a good part of it, unless I bought at the bottom and could afford risking it.

You're about 1/3 of the way. Keep hodling.

I dont think this thread is serious but if it is, then dont buy so much. 10k is plenty, keep holding even if it keeps tanking. If there is some sanity left in the world Monero will gain more marketcap

60k XMR? well, my opinion this is the best time for buying alt coins, because we can see the price of alt coins going down since the value of btc rising. XMR price was hit 0.004 btc a couple months ago, and i think the price will going up again in the future. goodluck

A true visionaire, this TrueCryptonaire. Albeit the last sentence sounds a bit harsh I couldn't have expressed it any better myself.

I think the common advice can be tl;dr'd as such:

If You're Sure Monero's A Long-Term Big Winner:

1. Figure out how much money you can afford to see vanish: money that, if lost completely, will not affect your ordinary standard of living.
1a) "money you can afford to see vanish" means money you will never use for years. How much could you put in an impregnable safe with a five-year time-lock, such that your standard of living would be more-or-less the same for those five long years?
2. Once you've settled on your sum of "no-touch money", convert it to Bitcoin and buy Monero with it.
3. Withdraw the Monero into a cold-wallet solution of your choice: preferably, one that you can store in a Manila envelope. [Eg: paper wallet, wallet on a USB stick: you get the idea.]
4. Get the Manila envelope, write on it "DO NOT OPEN UNTIL AUGUST 1ST 2020." [Feel free to substitute a date of your choice for Aug 1st.]
5. Stick the cold-wallet in the envelope and seal it. Stuff the envelope in the hiding place of your choice: desk drawer, underneath your socks, whatever. Security's not a big worry because you're primarily hiding it from yourself. [#7 below explains why.]
6. Vow and resolve to follow the instructions you wrote on the envelope!!!
7. While you wait for the magic day to arrive, get involved in the development/innovation/ecosystem side of Monero community. Do not get involved in the speculation/trading side: those folks will just induce you to break your five-term vow. Why? because they'll prompt you to think common-sensically in a certain way: to break your five-year resolve to grab the "bird in the hand." If you're playing the long game, that kind of common sense is actually your foe. 

---

This way: if you're right about Monero, you'll have a very big payday in 2020. If you're not, your standard of living will be more-or-less unaffected. Right?

If Monero meets parity with bitcoin then you only need 3,333 to become a millionare.

Buy 5,000 XMR's and use the rest as a downpayment on a rental.  Take it from someone who's been where you are & made the wrong decision. 

"Here since Jan 2014"

Aww, that's cute.  Did Santa (or Hanukkah Harry) bring you a laptop?

Good points about LTC and DashHoles' thin-skinned inability to respond graciously to the same scrutiny and scam accusations all new coins experience.

The instamine/snakeoil/cargo cult criticisms obviously struck a nerve, and the DashHoles definitely display signs of a guilty conscience.

The only DashHole with a brain I've met is Bigrcanada, an amiable rube with good taste in wine but terrible taste in crypto.   

For btc it might be not, btc looks like a very safe asset. Of course you need to be cautious there too, but look its better than sovereign bonds, so i`d go with btc as a long term safe haven.

this dash/monero bitch fighting is really toxic to an otherwise promising investment in a niche that could potentially make a lot of money, if the right people become interested.

There could even be room for more than 1 anon coin to "succeed".

No one cares about "fairness" and "instamine". If they wanted fairness, they'd go communist.

No one cares about "shills" if the idea behind it is solid.

Stop all the useless ad hominem attacks and try to promote anon-coins in general so that as a whole, this niche has a better chance of succeeding. It might do you guys good to put 1 or 2 eggs in another basket as well, just in case.

I'm mean to dashers because I keep winning the same arguments with them and a week later I have to repeat the process all over again--it's like groundhog day without the hot girl.

I believe some of it can be attributed to simply just being jelly of the alt-coin market leader's market cap, volume, and adoption. Something you surely should be able to easily relate to.

This is just not true, I am here from the beginning of Darkoin and Monero (citation needed)


That's exactly my point. You and your Monero people (icebreaker, adams, generalize, etc.) Are always insulting other people, I am being insulted all day by people of your toxic community in the Dash thread. Maybe that's the reason you have an empty forum, with no real community behind.

Can I ask you a question? How old are you, kid?

Ah fuck, a Dash owner. Should have known.

It's weird. I remember when Darkcoin was labelling Litecoin 'the most toxic community in the cryptospace'. And I remember thinking, why? What has Litecoin ever done to deserve that title? Charlie Lee is a good guy, LTC was fairly launched with no instamine, it changed the algorythm for the better, had a grassroots orientated ethic where everyone had to contribute to make it work, set against the backdrop of a genuinely hostile BTC crowd - what did Litecoin ever do to deserve that mantra from Darkcoin?

Why is it always seemingly the good projects, I wondered, that get attacked so.

And here we are again, Darkcoin aka Dash once again labelling the taxon 'toxic community' to another fairly launched project, also with a credible collective of good-intentioned developers, honest tech that works and is endorsed and contributed to by some of the most respectable people in the industry.

What is it I wonder about Dash that makes it so antagonistic of fairly launched grassroots projects?

Is it perhaps a kind of psychological denial that's projected outward in view of the hideous 50% instamine that props the entire enterprise up? Perhaps it's the embarrassing cult-like dictat that surrounds thy great leader, Evan Duffield, who is able to afford 'great achievements' for his pot-smoking subordinates.

Dash is quite possibly one of the worst projects I've ever encountered, and I'm not joking when I say that I've yet to meet a Dash owner who is not a brain-dead twat.

If that's toxic, then I apologise on your behalf. Because if calling out a project for being absolute bullshit (and yes, that does indeed include snake-oil) makes me a cunt, then let it be so.

Because I would much much rather be labelled toxic for speaking the truth, than suffer the taxon of being a part of the most ignorant, passive, suck-cocky, college-doofused plastic-politicked twatstain of a retard community that is Dash, that seemingly doesn't have the brains to understand cryptography, nor the balls to stand-up for what is right.

when this happening i would be for 100% in.

But my question is, WHY this should happening?

Is there something special coming? Or are this only bagholder dreamings?