Topic: Monero (XMR) Speculation thread - page 22. (Read 50244 times)

Yes that is true. He was referring to BTC, which is why I deleted my post. Still how is BTC anonymity is good enough for SR an argument for DRK over XMR? This is beyond me. I assumed incorrectly rikkejohn was trying to make some sense here.

I think rikkejohn was talking about using BTC on SR, not DRK?

But see, you are making a mistake by applying reason to the situation which is clearly something the shills and trolls are lacking. 

I'm not really sure what you guys are getting at here. Doesn't Darkcoin have a cap at 21 million coins (please correct me if wrong )? With Monero's 18.440 million, we can see that there's not such a major difference in the market caps.

At current prices, this gives Darkcoin a cap of $117.6 million. Monero would have $38.4 million. This is only 3.06x higher.

At current volumes, Darkcoin is at $249,803, and Monero is at $68,802. This is only 3.63x higher.

At current emission cap (which I think is where you're mistaking yourselves), Darkcoin still only holds a 4.57x higher market cap.

These comparisons aren't even an order of magnitude in difference .. and these markets are well known for coming up with orders of magnitude in very short timeframes.

Don't you see? Monero is marketing to the same people that Darkcoin is marketing to. It's been absolutely energetic on the markets since the first month, and has had a whole lot more interest than Darkcoin sparked the first three months of its existence.

Monero has picked up its own trading pairs, development is progressing at a fantastic rate, and it is gaining ground that many thought were out of reach for months. Darkcoin originally had the market, and now that same market is diversifying itself. This is something that sane and rational people do with software that's constantly under alpha and beta release.

What you're not understanding is that transaction privacy is just ONE of the features Monero has and will have.

It is not our sole reason for existence, it is not the only feature we have.

If you want a one-trick pony, pick any of the scamcoins that exist and will exist. As for Monero? We're just making something useful, something useable. No more and no less.

It seems you don't know what you're talking about. You base the value of a coin on the amount of shill accounts one or two people make? -shakes head-

"I would like to pre-empt you by saying most people don't care about anonymous transactions." Gmaxwell and many others seem to greatly disagree with that. Most people using Bitcoin Think it's anonymous, I once did. They don't know it only has psuedo-anonymity, once a address is linked to a person, there is no privacy.

If the majority of Bitcoiners knew it wasn't anonymous in the way they thought it was, then they would stop using it. That's what also stops many private companies from using Bitcoin.

In a ever growing transparent world, where even your emails in your inbox are monitored(thanks google!), you need anonymity. It's not a want, it's a need. I don't understand how someone could not want to have some things private to them, especially their transactions.

DRK provides enough privacy for 99.9% of people. If you're trying to fund a terrorist movement or buy weapons of mass destruction ( the cases where you would need "bulletproof" anonymity), no solution will ever be perfect. That's why I just don't understand who Monero is targeting. They won't get the privacy market, there will be tens of coins offering privacy by the time Monero achieves decent usability. The only reasons I can think of for wanting to cross the bridge from privacy to complete anonymity all involve breaking the law. So criminals? Dissidents in totalitarian countries?

A lot of noise is made about this coin, especially on the Trollbox at Poloniex.

Poloniex just happens to be the place where people trade it.

In terms of whether it will be a success, I can only say it won't, or at least it won't last long into the future.

I have not seen a coin with more shills.

Plus, DRK captured the high-end of that particular market. Before anyone says DRK is not really anonymous, I would like to pre-empt you by saying most people don't care about anonymous transactions. BTC is pretty anonymous anyway. I used it for a year on SR, never got a problem, even when my last payment ended up in the hands of the authoirties when SR was jumped.

Maybe the owners of it watch a lot of James Bond, but for most people there is no reason to buy into something that carries such a risk. When you shill and shill and shill, then you tell me that your product is not really worth my time.

Can we get GPG signed confirmation from both of you of the bet?

:-P

Your reverse psychology has no effect on me Mr. Hussein. The agency has already prepped me for your sneaky maneuvers.

Anyone is holding spartan mode until 0.01?

Nutildah, these are obviously from someone trying to dilute the quality of posts in the Monero thread in order to make the coin look spammy.
They are annoying posts even though the message is pro-Monero.

Because of stuff like this, which is a surefire tell of a coin that cannot gain traction on its own merits:



Plus the fact that it has very little presence or use outside of this thread or Poloniex.

Let's stop beating around the bush. We both know the outcome is fully dependent on where you begin and end your data set.

I think at least to stay there will not happen this year, but it will next year. Temporary some news could push it there, but not fro long.


I think people make bitcointalk accounts to sell them when reach full member rank or latter. They just have to spam somewhere, altcoins and speculation threads are good place to do that.

Yes this would work well. X is a parameter that is market driven and will change as the coin evolves.

To keep it simple I am going to consider POW coins with a fair release (no premine / instamine / ninjamine) and with a fixed overall supply. I am also assuming the coin is not the dominant form of money in the market place. XBT and XMR are good examples in very different stages of evolution.  There are three types of players here: Long term players / investors, short term investors / speculators, and users. Users are not interested in the long term future of the coin. They see the coins primarily as an attractive way to either receive payment for goods or services or pay for goods or services. One should point out that two other important players: Those who are interested in the coin for altruistic / social / "make the world a better place" reasons, and miners. The first are essentially very long term players. For this reason I include them under long term players / investors.  They may leave; however if they see another coin that is better suited to meet their altruistic / social / "make the world a better place" goals. Miners on the other hand can fall into any category depending on their motivations. Satoshi mining XBT in 2009 is a long term player / investor while at the other extreme there are many miners who will mine a coin and promptly sell it. They are in reality users who provide a service to the network, get paid for it and move on.

X is perceived very differently by each category of market player. For users X is essentially infinite since they are not concerned with the future value at all, on the other hand for the long term players / investors X approaches zero as their primary concern is the long term viability of the coin. The short term investors / speculators will fall somewhat in between. The relative impact of each type of player in the market at a given point in time should then determine an estimate of X. Of course the importance of X diminishes as the inflation rate of the coin decreases. For XBT, at the present time, one can make a "price only" analysis as an approximation by neglecting the inflation rate during the term of the analysis and normalizing the eventual number of coins to the current number of coins; however for XMR such an analysis would ignore the impact of the users and short term investors / speculators and would likely lead to erroneous conclusions. It is also very important when comparing for example XMR with LTC, NMC or even PPC in order to predict for example how XMR would perform during a sharp rise in the BTC/USD rate, based upon the performance of LTC, NMC and PPC during previous sharp rises in the BTC/USD rate. One needs to estimate X for each coin during each of the previous sharp rises in the BTC/USD rate.

Doesn't there need to be any evidence behind the p&d claims?  Monero has had the lowest volatility of all coins, BTC included.

Criticizing Monero technically hasn't worked well for them so the only other approach is to make it look like an amature pump and dump with these silly posts.  Yeah, its a bit annoying having to read the noise but at the same time it should show you they are threatened and thats why they expand the effort.

I see the bizarre newbie shill accounts are trying this "Monero is the best!" thing again. No clue why.

Are you sure about that? I mean XMR reputation should solve this type of problems, not you and me.