Topic: [XMR] Monero Speculation - page 1068. (Read 3314343 times)

Uh-oh.  We're running out of Monero again....

I personally have no clue why it is taking so long to get a official wrapper out, it's not like it's an actual wallet replacement so I don't doubt that 95 percent of all programmers can kick a wrapper out in no time. Hell it's been done tons of times already.

I see no reason to fund it.

Does your myopic view on life not understand that your post of shorting and laughing was trolling the people who bought at the top and are holding?

BTW, I have not held for 5 or 6 months now so I have no dog in the game other than wanting to see humanity free from fiscal enslavement, but I doubt that ever entered your mind when you could make a few grand to pocket and feel like a big boy now did it?

yeah a sudden 1000btc buy is organic lol

And there we go again 

its organically growing again

cross post for another GUI effort. 2 is better than one, right?

https://bitcointalksearch.org/topic/m.16307001

https://forum.getmonero.org/6/ideas/86924/nice-gui-wallet

dudes asking 200 xmr and will have an alpha in 1.5 weeks.

Consider the amount of XMR on sell orders right now. Soon there'll be less of them because they're put to use for e-commerce instead of speculation.

Also medium size sells are easily absorbed...so I would guess it goes up.

No I think the general problem is that perma sellers/shorters are stuck in the 2011-2012 mode of the mega BTC speculation thread. What used to work for that thread and in that era is not working, should not work and other perma bulls should join and be a bit more vocal about thwarting these manipulators tactics, especially as we collectively try to grow the economy and give confidence to the new businesses coming in. No one is asking you not to short or sell etc, but be prepared to get called out for manipulative tactics.

The values of cryptos are sentiment driven, so we are just playing the same game as you are. You just get offended more easily since you are a perma manipulator. The best advantage of a trader is to work with information not in public domain. Spilling it out in the open, especially in cryptos is just pure manipulation masked as philanthropy to take advantage of those who are less experienced. You are free to do that too of course, just no whinging when you get called out and we can all live happily ever after.

Sellers are exhausted, it seems.  Very likely, then, a significant repricing is imminent.

@persiancat

Very kind of you to take the time and effort to do that.


+1   Like thumb

Either believe or doubt in XMR We are at a great beginning of the development of Moneros existence.
If you follow some DN Communities you can see there is a "good" (i dont say its good) development.
A lot of people demand ransomware which only supports Monero. So BTC lost here already.
This alone is a billion dollar market and its still growing cause making money was never so easy for hackers since Monero!
The related volume will make the coin more stable. Beside this fact that also a lot of other hackers already (paypal/amazon/etc. accounts) use/require monero.

If this reaches a critical mass, more and more Drug-Sellers will also join Monero. The benefits are known.
For them its the fact that they dont have to use a coin cleaner like grams.

1. Safes cash cause coin cleaners are not for free.
2. Its faster without.
3. No risk of a scam during cleaining.

With this big acceptance and volume "real" companies which are already accepting BTC are also going to accept Monero. When this is happening BTC will replaced by monero cause it can do everything what BTC can just better.

The last drop was only not good for the coin and drug sellers because  the big markets mostly demands escrow. Consider 1 Week delivery time, than 2 days until the customer release from escrow. 9 Days in the past could make 1000$ only worth 700$.
Even with a x,x% discout from AlphaBay for Monero Supporters its not a good deal. So but we can shift this problem actually away cause its kinda solved (ransomware/volume).

Another thing atm are the chinese. A lot of these "nerds" lost really a lot of money in the raise of BTC. They joined too late and sold panic when it dropped. That is a big market but they are more careful atm. As soon as they understand the value of XMR it should run by itself. Everything is about a critical mass and media attention (which is low in china atm)

Lets crack the 30$ and no one of us here will ever worry about any bills -assumed anyone of us is in with more than 5000$

Some people here have a better knownledge about the technique and in using software than the ordinary party guy. He wants something easy, safe and relieable. Monero is not as easy as BTC atm. Where to buy? Where to store (GUI!)? I have my wallet and have no problem with a console. A lot here probably not too. But the average dude has. About reliability XMR needs time to prove.

Its also a big risk to go short. Most here knows that i guess. You can loose much faster all your money. For me the bottom was reached with 142.
3 days after the release of the new fork i guess i would never ever go for short cause the risk of loosing everything is way to high in my oppinion. But for now it was a good run and i just bought me a new jetski When it goes to 156 again ill invest 80% of my Fortune and hold it for years if necessary. When it will be a stable uptrend what it actually looks like then I invest too. For now I hold my little 1600 XMR stock and see what is happening

Edit:
And guys, only 3 weeks passed away since monero was implemented in some markets. Its running good.
And WTF its tax free which i like most.

I've used English and Mandarin since young, but have not attempted a translation before.
Here is my small contribution; a Mandarin-to-English direct translation entirely done by hand :-

===   ===   ===

In the past few weeks, Monero has received much attention from the digital-currency scene.
Not only has the value of XMR spiked up recently, it has also garnered the acceptance from DNM.
The developers of XMR have announced an upcoming hardfork, where it will bring about some changes to the current Monero ecosystem.

The hardfork will take effect from 21st September onwards. Users and miners will need to update their client software, to ensure that they are aligned with the latest version.
Even though there are no obvious changes on the surface, the hardfork will bring about some exciting changes underneath the hood.

The Monero network will enforce splitting of the coinbase* transactions, in order to prevent incompatible inputs.
To put it in layman's terms, it simply means that miners will be able to mine in a completely anonymous manner.
Currently, under the opt-in environment, miners are unable to obtain complete privacy.

Monero Will Receive Great Changes

The vast majority of XMR miners are already wel-prepared for this upcoming update. Solo miners will need to update their software version to 0.9.x.
Those who are already using the aforementioned version will not need to update further, in order to support previous supported coinbase transactions.

Version 0.10.0 will soon be available for distribution, which will also introduce RingCT for the first time, such RingCT transactions will feature privacy for users.
The actual amount spent on transactions will be completely private; this is a unique feature amongst current digital currencies.

In the foreseeable future, users will be able to choose between normal and RingCT transactions. Not all users of XMR will want to keep their transactions private.
However, when the hardfork reaches version 5, users will not be able to proceed with normal transactions.
This is to ensure that the entire Monero network will be completely anonymous and private; this is a major goal for Monero.

Monero will undergo constant changes on a regular basis, there will not be a final end-point.
The developers remain extremely optimistic going forward towards the first quarter of 2017.
The official GUI will be available soon, because many have been enquiring on the availability of the wallet.
Monero will also subsequently incorporate multi-signature and RingCT features.

As XMR inexorably moves towards complete privacy, it is certainly exciting peering into the future of such a digital currency.


(* : not to be confused with Coinbase.com, the bitcoin trading platform)

===   ===   ===


All translation issues and errors are entirely mine.

From a somewhat longer term viewpoint, I would consider a long consolidation in the 015-200 range to be a very positive development.  I don't have any firm expectation how long this range will hold - on all evidence, probably not very long - but the longer it does last, the more bullish the future prospects will become.

I would probably be an exemplar of the permabull type.  I have bearish short term views on occasion.  I generally refrain from posting them, because I consider that they are more likely to harm than to benefit the reader.  When such occassions arise I am cautious about acting on those views, generally remaining within a few percentage points of maximum exposure.  How much more cautious should I be about other people's risk, where their utility functions are entirely unknown to me?  

This is bad if the price will not recover, we have already hit the 0.02 mark in the past few weeks but now we are dropping, although it has some good signs due to the recent price increase but that does not convince the majority of supporters, I hope XMR will not die and people will continue to support this.

No he's dead right.  This thread is majority longs.  Some permabulls.  And you mocked them and bragged about shorting.  If you're gonna sit down at that table you'll eat what's served. 

Crosspost:

I know that you said that... just stating the sentiment in the thread.... and see above what i mean with bragging :p