Topic: [XMR] Monero Speculation - page 1071. (Read 3314343 times)
Am I alone when i say that i think that the bottom is reached? 150 looks pretty stable atm there are no more panic sellers who are selling their coins with loss -seems to me. I think now its a good time to reinvest.
I had the same thoughts today. Seems like panic sellers and profit takers had their days, but now the sell pressure (and volume) are very low.
We had falling prices on low volume nearly the whole time.
Am I alone when i say that i think that the bottom is reached? 150 looks pretty stable atm there are no more panic sellers who are selling their coins with loss -seems to me. I think now its a good time to reinvest.
I have the feeling that the correction is over. I may be correct or not, but today is my birthday so I bought some Monero OTC and I think this is the best present I'll receive today.
Wishing you the happiest birthday equipoise!!
I see Monero has dropped under $10 , I think this drop happened because Ethereum is moving up these days under the affect of Devcon2 summit in Shanghai which will start today , am I right ?
I wouldn't try to connect the price with certain events or news right now.
Monero had seen an incredible pump.Therefore a bigger correction was about to happen.
So it's more just the market playing it out at the moment and looking for a solid price where it might stabilise for a while.
I've had 2 people inquire how to get XMR (therefore BTC). Not interested when I put BTC in front of them early 2013. Not interested when I put XMR in front of them 2014. I'm used to it. Same disinterest when I made the case for gold <$300. Suddenly FOMO on BTC2 strikes, and its a good idea. Takes some longer to grasp the potential than others.
Its all fun and games until someone makes a fortune
Its all fun and games until someone makes a fortune
Humans are diverging into two groups, along the Morlok vs Eloi tropes symbolized in The Time Machine.
We are the Neophiles, which Robert Anton Wilson described having as the following basic characteristics:
Quote
The ability to adapt rapidly to extreme change.
A distaste or downright loathing of tradition, repetition, and routine.
A tendency to become bored quickly with old things.
A desire, bordering on obsession in some cases, to experience novelty.
A corresponding and related desire to create novelty by creating or achieving something and/or by stirring social or other forms of unrest.
A complete objection to or distrust of commitment.
A neophile is distinct from a revolutionary in that anyone might become a revolutionary if pushed far enough by the reigning authorities or social norms, whereas neophiles are revolutionaries by nature. Their intellectual abhorrence of tradition and repetition usually bemoans a deeper emotional need for constant novelty and change. The meaning of neophile approaches and is not mutually exclusive to the term visionary, but differs in that a neophile actively seeks first-hand experience of novelty rather than merely pontificating about it.
The opposite of a neophile is a neophobe; a person with an aversion to novelty and change. Wilson observes that neophobes tend to regard neophiles, especially extreme ones, with fear and contempt, and to brand them with titles such as "witch," "satanist," "heretic," etc. He also speculates in his Prometheus Rising series of books that the industrial revolution and related enlightenment represents one of the first periods of history in which neophiles were a dominant force in society.
Neophiles accelerate change because they like it that way.
The word "neophilia" has particular significance in Internet and hacker culture. The New Hacker's Dictionary gave the following definition to neophilia -
The trait of being excited and pleased by novelty. Common among most hackers, SF fans, and members of several other connected leading-edge subcultures, including the pro-technology 'Whole Earth' wing of the ecology movement, space activists, many members of Mensa, and the Discordian/neo-pagan underground (see geek). All these groups overlap heavily and (where evidence is available) seem to share characteristic hacker tropisms for science fiction, music.
https://en.wikipedia.org/wiki/Neophile
A distaste or downright loathing of tradition, repetition, and routine.
A tendency to become bored quickly with old things.
A desire, bordering on obsession in some cases, to experience novelty.
A corresponding and related desire to create novelty by creating or achieving something and/or by stirring social or other forms of unrest.
A complete objection to or distrust of commitment.
A neophile is distinct from a revolutionary in that anyone might become a revolutionary if pushed far enough by the reigning authorities or social norms, whereas neophiles are revolutionaries by nature. Their intellectual abhorrence of tradition and repetition usually bemoans a deeper emotional need for constant novelty and change. The meaning of neophile approaches and is not mutually exclusive to the term visionary, but differs in that a neophile actively seeks first-hand experience of novelty rather than merely pontificating about it.
The opposite of a neophile is a neophobe; a person with an aversion to novelty and change. Wilson observes that neophobes tend to regard neophiles, especially extreme ones, with fear and contempt, and to brand them with titles such as "witch," "satanist," "heretic," etc. He also speculates in his Prometheus Rising series of books that the industrial revolution and related enlightenment represents one of the first periods of history in which neophiles were a dominant force in society.
Neophiles accelerate change because they like it that way.
The word "neophilia" has particular significance in Internet and hacker culture. The New Hacker's Dictionary gave the following definition to neophilia -
The trait of being excited and pleased by novelty. Common among most hackers, SF fans, and members of several other connected leading-edge subcultures, including the pro-technology 'Whole Earth' wing of the ecology movement, space activists, many members of Mensa, and the Discordian/neo-pagan underground (see geek). All these groups overlap heavily and (where evidence is available) seem to share characteristic hacker tropisms for science fiction, music.
https://en.wikipedia.org/wiki/Neophile
They are the Neophobes. They hate new things. Thinking objectively about abstract ideas makes their brains sore with cognitive dissonance.
We Morlocks carry the burden of intellect, production, and advancing civilization beyond the stars.
The Eloi live in blissful ignorance, but they are our natural prey, and so they perceive us as terrible monsters.
I thought this might be some nice reading in the calm
http://capitalismmagazine.com/2002/08/franciscos-money-speech/
I have the feeling that the correction is over. I may be correct or not, but today is my birthday so I bought some Monero OTC and I think this is the best present I'll receive today.
I see Monero has dropped under $10 , I think this drop happened because Ethereum is moving up these days under the affect of Devcon2 summit in Shanghai which will start today , am I right ?
Meh, price goes up and down, nothing too complicated.
I see Monero has dropped under $10 , I think this drop happened because Ethereum is moving up these days under the affect of Devcon2 summit in Shanghai which will start today , am I right ?
Roger Ver on COINBASE+XMR: https://www.reddit.com/r/btc/comments/533ay6/coinbase_is_hiring_senior_engineers_both_in_san/d7snj8i
Its always good to see a big name in favor of Monero.
No one knows.
The current price is better than it has been before.
The current price is worse than it used to be.
You might try cost averaging of buys by setting a fixed time frame and budget to buy.
Example:
- Today you buy with 40% of your budget
- 09/26 you buy another 20%
- 10/03 you buy another 20%
and so on... (Also known as the buy and hold strategy)
Roger Ver on COINBASE+XMR: https://www.reddit.com/r/btc/comments/533ay6/coinbase_is_hiring_senior_engineers_both_in_san/d7snj8i
Its always good to see a big name in favor of Monero.
I think about rebuying for 15k
Bitcoin, USD or Satoshi?
EUR
I think about rebuying for 15k
Bitcoin, USD or Satoshi?
Roger Ver on COINBASE+XMR: https://www.reddit.com/r/btc/comments/533ay6/coinbase_is_hiring_senior_engineers_both_in_san/d7snj8i
Its always good to see a big name in favor of Monero.
Roger Ver on COINBASE+XMR: https://www.reddit.com/r/btc/comments/533ay6/coinbase_is_hiring_senior_engineers_both_in_san/d7snj8i
Not for an intelligence agency engaged in black ops. That by its very nature has to be a cash or cash like only kind of deal.
Yea I don't suppose the CIA accepts checks for Afghani heroin. Perhaps my argument was not good.
...
Maybe but I think there may be a problem with your analysis in failing to account for how much more private the legacy banking system is for them than it is for us. Not as private as monero for either party, to be sure, but since the legacy banking system is so much more private for them than it is for us, monero represents a much higher value proposition to us than it does to them. And I think there is certainly a sense in which they think of the public as their enemy. So perhaps they are not willing to give us such a great increase in capabilities in exchange for a more marginal increase in their own.
Maybe but I think there may be a problem with your analysis in failing to account for how much more private the legacy banking system is for them than it is for us. Not as private as monero for either party, to be sure, but since the legacy banking system is so much more private for them than it is for us, monero represents a much higher value proposition to us than it does to them. And I think there is certainly a sense in which they think of the public as their enemy. So perhaps they are not willing to give us such a great increase in capabilities in exchange for a more marginal increase in their own.
Not for an intelligence agency engaged in black ops. That by its very nature has to be a cash or cash like only kind of deal.
I am quite certain that significant deep state actors will use Monero. In general, intelligence communities would prefer to control the medium, and I think zcash may play this role, but in the end they will need liquidity, and monero is the only pool of substantial anonymous liquidity. There are diverse intelligence communities in varying interrelationships. Most will not use a platform potentially controlled by a possible rival. It will be in their interest to facilitate the expansion of Monero as against any upstart. While overt political actors may gain by opposing Monero, the reins of power are more tightly held by covert actors, and they will effectively support it.
Maybe but I think there may be a problem with your analysis in failing to account for how much more private the legacy banking system is for them than it is for us. Not as private as monero for either party, to be sure, but since the legacy banking system is so much more private for them than it is for us, monero represents a much higher value proposition to us than it does to them. And I think there is certainly a sense in which they think of the public as their enemy. So perhaps they are not willing to give us such a great increase in capabilities in exchange for a more marginal increase in their own.
I am quite certain that significant deep state actors will use Monero. In general, intelligence communities would prefer to control the medium, and I think zcash may play this role, but in the end they will need liquidity, and monero is the only pool of substantial anonymous liquidity. There are diverse intelligence communities in varying interrelationships. Most will not use a platform potentially controlled by a possible rival. It will be in their interest to facilitate the expansion of Monero as against any upstart. While overt political actors may gain by opposing Monero, the reins of power are more tightly held by covert actors, and they will effectively support it.
I don't particularly like this use case, any more than other criminal use cases, but it is one which will work to the political advantage of Monero, albeit very quietly, yet powerfully.
Monero might even revive Bell's assassination politics.
I don't particularly like this use case, any more than other criminal use cases, but it is one which will work to the political advantage of Monero, albeit very quietly, yet powerfully.
Monero might even revive Bell's assassination politics.
It's if I hear an echo...
In the late ninetees exactly the same thing was told about internet. No way governements would allow these ways of communication.
The power of governements is highly overestimated, it's the money that controls what's happening and sure they won't be happy with the current developments. But atm the current establishment doesn't have a clue.
In the late ninetees exactly the same thing was told about internet. No way governements would allow these ways of communication.
The power of governements is highly overestimated, it's the money that controls what's happening and sure they won't be happy with the current developments. But atm the current establishment doesn't have a clue.
Interesting point. Microsoft is the perfect example of a giant corp that didn't see the Internet coming. They managed to catch up from behind, using quite a bit of unfair competition to wipe out the market leaders. The point being, they caught up eventually.
Ultimately the corps will see that improving the flow of money is a good thing, and they will eventually get behind it. But that "eventually" could be long, slow, and painful.
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