Monero will probably be the next +10x coin

smooth

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Quote from: smfuser on March 29, 2016, 02:30:32 AM

Quote from: smooth on March 24, 2016, 11:15:24 PM

Quote from: ?? on ??

Quote from: americanpegasus on March 24, 2016, 10:41:52 PM

Until a company like SABR.io posts a detailed mega-file of hundreds of darknet user's recent activities as proof of concept. Using a public ledger for a DNM is about one of the most absurd things ever when a vastly superior alternative exists.

This is indeed strange and unreasonable. They simply dont adopt. Why?!

Chicken and egg to some extent. Monero is small and relatively unknown for another. Okay, its pumped a bit, and is now a reasonably solid #8 by market cap (not the only ranking of course).

By "pumped a bit", I assume you mean some individual or group intentionally inflated the price temporarily. Do you have any thoughts about who has been pumping it, how much the price (and volume) has been pumped, and how those amounts compare (in %) for other coins on Poloniex (such as ETH)?

I don't have any inside information, and I think much of the pumping had nothing to do with Monero specifically but was across a group of alts, somewhat including ETH, but much of the moves of the others came after the big ETH move.

smfuser

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Quote from: explorer on March 29, 2016, 02:54:59 AM

Since 10 February it has maintained near or above the 2% per day gain line. Running close for a day or so after the recent correction, and just broke to the upside again. Run little rabbit run! Grin

It's rumored to be a mustang.

I wonder what would happen to XMR (and other coins at Poloniex) if ETH drops 90% or more soon.

Cadauzarh

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Quote from: explorer on March 29, 2016, 02:57:37 AM

Quote from: Ayers on March 29, 2016, 02:51:04 AM

now that i'm looking at the other coin with potential, it's much easy to think that the next big one will be decred, since it has a unique pos mechanics and it is very strong at the momet, price is very solid

POS has always meant piece of shit, it is hard to break that instant connotation.

But what about PoS after 5 years of PoW? I think PoW can distribute the coins fairly initially and the premine proportion will be reduced.

explorer

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Quote from: Ayers on March 29, 2016, 02:51:04 AM

now that i'm looking at the other coin with potential, it's much easy to think that the next big one will be decred, since it has a unique pos mechanics and it is very strong at the momet, price is very solid

POS has always meant piece of shit, it is hard to break that instant connotation.

explorer

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Since 10 February it has maintained near or above the 2% per day gain line. Running close for a day or so after the recent correction, and just broke to the upside again. Run little rabbit run! Grin

Ayers

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now that i'm looking at the other coin with potential, it's much easy to think that the next big one will be decred, since it has a unique pos mechanics and it is very strong at the momet, price is very solid

NeuroticFish

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It's not the first time Monero is at 1.5$ for long time. It's.... the normal price imho.
It was extremely under valuated for quite a while, now it's back to normal.

It may jump 10x, but I wouldn't be that confident it'll happen this soon. Monero is on the right track, however, there's still quite a lot of work to be done.

smfuser

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Quote from: smooth on March 24, 2016, 11:15:24 PM

Quote from: ?? on ??

Quote from: americanpegasus on March 24, 2016, 10:41:52 PM

Until a company like SABR.io posts a detailed mega-file of hundreds of darknet user's recent activities as proof of concept. Using a public ledger for a DNM is about one of the most absurd things ever when a vastly superior alternative exists.

This is indeed strange and unreasonable. They simply dont adopt. Why?!

Chicken and egg to some extent. Monero is small and relatively unknown for another. Okay, its pumped a bit, and is now a reasonably solid #8 by market cap (not the only ranking of course).

By "pumped a bit", I assume you mean some individual or group intentionally inflated the price temporarily. Do you have any thoughts about who has been pumping it, how much the price (and volume) has been pumped, and how those amounts compare (in %) for other coins on Poloniex (such as ETH)?

r0ach

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Quote from: smooth on March 24, 2016, 11:15:24 PM

Chicken and egg to some extent. Monero is small and relatively unknown for another. Okay, its pumped a bit, and is now a reasonably solid #8 by market cap (not the only ranking of course). That means there are 7 ranked higher. A few months ago it was #15 or something, so even more obscure. Finally there are tech issues that have been resolved only recently or are still being resolved. For example the whole payment ID concept was a royal pain the ass for integration. It is handled now by integrated addresses, but that is recent. Still, there needs to be more work on the APIs for integration. Likewise, until recently you needed gigabytes of memory to run the wallet. That puts off anyone running on a cheap VPS (often limited by memory more than anything else). The command line wallet puts some people off on the user side. GUI's exist, but they are third party and not integrated. None of it is easy -- you have to be quite motivated to overcome the barriers. We have to reduce them. It is happening, but as a process, not an event.

TLDR

smooth

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Quote from: ?? on ??

Quote from: americanpegasus on March 24, 2016, 10:41:52 PM

Until a company like SABR.io posts a detailed mega-file of hundreds of darknet user's recent activities as proof of concept. Using a public ledger for a DNM is about one of the most absurd things ever when a vastly superior alternative exists.

This is indeed strange and unreasonable. They simply dont adopt. Why?!

Chicken and egg to some extent. Monero is small and relatively unknown for another. Okay, its pumped a bit, and is now a reasonably solid #8 by market cap (not the only ranking of course). That means there are 7 ranked higher. A few months ago it was #15 or something, so even more obscure. Finally there are tech issues that have been resolved only recently or are still being resolved. For example the whole payment ID concept was a royal pain the ass for integration. It is handled now by integrated addresses, but that is recent. Still, there needs to be more work on the APIs for integration. Likewise, until recently you needed gigabytes of memory to run the wallet. That puts off anyone running on a cheap VPS (often limited by memory more than anything else). The command line wallet puts some people off on the user side. GUI's exist, but they are third party and not integrated. None of it is easy -- you have to be quite motivated to overcome the barriers. We have to reduce them. It is happening, but as a process, not an event.

americanpegasus

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Quote from: owm123 on March 24, 2016, 06:05:35 AM

There is already too much infrastructure made for bitcoin in darknet. You have blockchain exporer there, escorove services, bitcoin exchanges, mixers, scammers, etc.

None of the ppl involved in these services, e.g., mixers, will allow to have any other crypto to take their mixin cut.

Until a company like SABR.io posts a detailed mega-file of hundreds of darknet user's recent activities as proof of concept. Using a public ledger for a DNM is about one of the most absurd things ever when a vastly superior alternative exists.

wakhidNkcom

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Quote from: slapper on March 24, 2016, 10:08:52 PM

Quote from: wakhidNkcom on March 24, 2016, 04:00:28 AM

I own some from 3 months ago. I think I am in a good hold for Monero.
I wont sell now, but maybe not wait for 10x

Quote from: wakhidNkcom on March 24, 2016, 09:19:42 PM

Quote from: vuduchyld on March 24, 2016, 08:28:29 PM

OK...it hit .0042. Now it's a 4x.

and 5x is next. and idid sell some today. will sell more tomorrow to.
is anyone here selling.

Mind Blown Roll Eyes

yes but after sleep and think about it sell now is better then sell later for less.
I will take some proft and put it in the bank but not sell all.
sell monero is not bad and I don't like the coin less because sell. I need money. Sad

that is real reason why to sell no

slapper

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Quote from: wakhidNkcom on March 24, 2016, 04:00:28 AM

I own some from 3 months ago. I think I am in a good hold for Monero.
I wont sell now, but maybe not wait for 10x

Quote from: wakhidNkcom on March 24, 2016, 09:19:42 PM

Quote from: vuduchyld on March 24, 2016, 08:28:29 PM

OK...it hit .0042. Now it's a 4x.

and 5x is next. and idid sell some today. will sell more tomorrow to.
is anyone here selling.

Mind Blown Roll Eyes

wakhidNkcom

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Quote from: Imste on March 24, 2016, 09:30:13 PM

2x from this point, but it's stops there. Thats my bet

so 8x total?

Imste

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2x from this point, but it's stops there. Thats my bet

wakhidNkcom

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Quote from: vuduchyld on March 24, 2016, 08:28:29 PM

OK...it hit .0042. Now it's a 4x.

and 5x is next. and idid sell some today. will sell more tomorrow to.
is anyone here selling.

vuduchyld

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OK...it hit .0042. Now it's a 4x.

owm123

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Quote from: mathgal23 on March 24, 2016, 07:51:31 PM

Quote from: vuduchyld on March 24, 2016, 07:46:30 PM

Quote from: vuduchyld on March 23, 2016, 09:15:22 PM

It's already more than 3x since January...and on heavier volume. It's got a good running start on the quest for 10x.

Not sure I'd say "probably". Hopefully, though! It reminds me of bitcoin in 2010 or 2011 in many ways.

Also might not be the next. Who knows what pump-and-dump scamcoin could go 10x in the meantime.

But anything is possible!

Oh, did I say 3x since January? I meant 4x! It was .00105 on January 6th. Well, I guess it only hit .00416 today. Still needs .00004 to be a 4x'er.

As soon as XMR approaches DASH market cap I expect DASH funds to start to flee into XMR.

The market leader for privacy at the protocol level is undeniable.

Thats true. Using trusting third party services (i.e., masternodes) to do mixing for you, is a bed idea, and generally not what privacy oriented users want. What's worse, if you want to do mixing yourself in dash, you cant, as it is locked by a massive pay-wall.

mathgal23

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Quote from: vuduchyld on March 24, 2016, 07:46:30 PM

Quote from: vuduchyld on March 23, 2016, 09:15:22 PM

It's already more than 3x since January...and on heavier volume. It's got a good running start on the quest for 10x.

Not sure I'd say "probably". Hopefully, though! It reminds me of bitcoin in 2010 or 2011 in many ways.

Also might not be the next. Who knows what pump-and-dump scamcoin could go 10x in the meantime.

But anything is possible!

Oh, did I say 3x since January? I meant 4x! It was .00105 on January 6th. Well, I guess it only hit .00416 today. Still needs .00004 to be a 4x'er.

As soon as XMR approaches DASH market cap I expect DASH funds to start to flee into XMR.

The market leader for privacy at the protocol level is undeniable.

vuduchyld

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Quote from: vuduchyld on March 23, 2016, 09:15:22 PM

It's already more than 3x since January...and on heavier volume. It's got a good running start on the quest for 10x.

Not sure I'd say "probably". Hopefully, though! It reminds me of bitcoin in 2010 or 2011 in many ways.

Also might not be the next. Who knows what pump-and-dump scamcoin could go 10x in the meantime.

But anything is possible!

Oh, did I say 3x since January? I meant 4x! It was .00105 on January 6th. Well, I guess it only hit .00416 today. Still needs .00004 to be a 4x'er.

Topic: Monero will probably be the next +10x coin (Read 3329 times)