Topic: [XMR] Monero Speculation - page 108. (Read 3314316 times)
it’s very painful to look at that price monero
Lurker crying as well ..
Question is what will happen as BTC recovers?
Logically we should be much higher on the BTC/XMR ratio but logic does not seem to be applicable to this market.
I'd say its a gamble to hodl instead of converting to BTC but...
Took new positions and bought some with fresh fiat anyway.
Now DCA just for peace of mind. No plan of cashing out either so willing to take gamble. Time will tell if we are fucked or not
...or $19 mark so until I see either of those hit I really don't see a point in recommending a buy to anyone who hasn't already been buying it all the way down until this point...
I'm not here to gloat, yet, but . . . hope ya'll're staying healthy and sane
I wonder can Monero (or even the crypto markets at large) recover to an ATH from such a desperate drop?
I know we've seen some phoenix like rising from ashes, but even as someone who bought mostly around 7usd, it seems like a gargantuan task to ascend from here.
It's really simple in my opinion. But then, I am a simple man.
Either the unique properties of Bitcoin (decentralized, no issuer, censorship resistant ledger) are valuable or they are not. The question is not if crypto will survive this. Most of it most certainly will not. But the real question is will the worldwide central banking system survive this. That is the actual unknown.
If Bitcoin cannot survive a price contraction in the wake of a global economic meltdown then it was truly nothing but tulips.
Altcoins will be burned on the pyre though. And the question for Monero is: does it's fungible base layer actually offer something that is truly valuable in addition to Bitcoin.
I am still betting yes.
As to value? We may get slaughtered there. And it may take a long time to recover from this.
Wake me up when bitcoin quits doing what it is made to do.
...or $19 mark so until I see either of those hit I really don't see a point in recommending a buy to anyone who hasn't already been buying it all the way down until this point...
I'm not here to gloat, yet, but . . . hope ya'll're staying healthy and sane
I wonder can Monero (or even the crypto markets at large) recover to an ATH from such a desperate drop?
I know we've seen some phoenix like rising from ashes, but even as someone who bought mostly around 7usd, it seems like a gargantuan task to ascend from here.
...or $19 mark so until I see either of those hit I really don't see a point in recommending a buy to anyone who hasn't already been buying it all the way down until this point...
I'm not here to gloat, yet, but . . . hope ya'll're staying healthy and sane
We are holding on OK in BTC terms. Id say that's OK.
Certainly we are not being singled out for brutality, if that rises back we will too.
When didn't a huge crash end in a recovery soon after? almost never with any crash of anything
Certainly we are not being singled out for brutality, if that rises back we will too.
When didn't a huge crash end in a recovery soon after? almost never with any crash of anything
We are less than 1/3 ATH in terms of BTC and what 14 times lower in USD from ATH?
Sobering shit those numbers.But yeah thats from the sick ass bubble.
Luckily for me I have no plans to cash out and am just thinking in order to increase my stash should I convert to BTC for the recovery or not.
It's a tough choice as it seems every one else does (converts to btc) which causes the price to get artificially suppressed during a recovery phase.
We are holding on OK in BTC terms. Id say that's OK.
Certainly we are not being singled out for brutality, if that rises back we will too.
When didn't a huge crash end in a recovery soon after? almost never with any crash of anything
Certainly we are not being singled out for brutality, if that rises back we will too.
When didn't a huge crash end in a recovery soon after? almost never with any crash of anything
Lurker crying as well ..
Question is what will happen as BTC recovers?
Logically we should be much higher on the BTC/XMR ratio but logic does not seem to be applicable to this market.
I'd say its a gamble to hodl instead of converting to BTC but...
Lurker crying as well ..
My pension lost 7.5% value, we are not that special.
It is funny to see that Dow Jones was last time this low as now in mid 2017, at almost same time as Monero was last time sub $30 as right now. Bitcoin still need to drop a bit to sync with Monero and Dow Jones.
^ USD hyperinflation? I don't think it will get to that point tbh. I think it would've happened already if it was close to the realm of possibility.
Soon people will realize the issue of hyperinflation that's about to happen to the USD... AKA the world reserve currency. Things are about to go side ways gentlemen. DYOR, stay safe and wash your god damn hands.
The current price of monero is simply awesome to buy in your portfolio
Two projects are on Monero and Tari testnet.
https://www.monerooutreach.org/stories/dandelion.html
https://github.com/tari-project/tari/releases/tag/v0.0.9
While Dandelion will help with anonymity, I am not fully sure how will Tari help beside helping securing the network. I guess now when more people will check it out we will know more. It took year and a half of development since it was announced.
https://www.monerooutreach.org/stories/dandelion.html
https://github.com/tari-project/tari/releases/tag/v0.0.9
While Dandelion will help with anonymity, I am not fully sure how will Tari help beside helping securing the network. I guess now when more people will check it out we will know more. It took year and a half of development since it was announced.
I think these two things are huge for Monero as a whole, and here's why:
1) Tari: To those who use Ethereum but don't trust the people behind Ethereum and such to not roll back transactions, this is going to be a game changer. I completely understand when people poo-poo on the idea of smart contracts (which I do sometimes too), but think about what Bitcoin and Monero are trying to do here... subvert around government control while also using a trustless protocol to transact money between two parties. I think smart contracts are equally, if not more dynamically important in the long run for a functional society.
We still rely on lawyers and government to be able to take out a loan and pay your mortgage, enforce your will when you pass away, etc. To have a way to create smart contracts on a platform that allows a NFT to exist, while doing so in a way that obscures your personal identity on the "public ledger" is a huge fucking deal. Just like with banks who don't publicly broadcast to everyone that you just received your paycheck for $xxxx.xx, lawyers don't publicly broadcast that you are issuing a contract to buy a plot of land from somebody.
And it's not just the "major" contracts you encounter on your every day life... It can be away for people to subvert centralized entities such as Ticketmaster, who have been caught price gouging tickets they sell on there by unfairly forcing artists, sports teams, etc. to use their platform to sell. It's huge to allow peasants like ourselves to directly do business with one another without having to jump through hoops in order to get a slice of the pie.
Just shows how Monero devs and the XMR community are more open on having their project adapt and be flexible unlike the BTC devs and the maxis. It's the reason why ETH was made. The BTC devs would have none of it so VB left and brought a lot of people from the BTC community with him.
Great fish, Heur. Maybe we havent touch the floor yet, but there´s some vectors pointing to a crypto massive surge from 21 march till somewhere april/may... I would say it´s hoarding time for like 2 weeks, then there could come higher highs, maybe even ATHs in the main coins in the cryptosphere
Missed the bottom but got some at .007016 
Shit should have waited a little longer!
Shit should have waited a little longer!
^ I had the same concern at the time phishead. There were only 200 nodes in total However I do think Dandelion does not resolve your ISP and others knowing there is a Monero node running on your IP address. It solves that a transaction cannot be linked to an IPadress anymore.
However I do think Dandelion does not resolve your ISP and others knowing there is a Monero node running on your IP address. It solves that a transaction cannot be linked to an IPadress anymore. Running a node is not illegal, I think. Let's hope that doesn't change. You don't have to own Monero to run the node.
Why would running a node or owning Monero be illegal? It is just that I value my privacy. Therefore at the time I used a VPS to run a node in a foreign country that did not have a node yet. Nowadays from home because my ISP reports a single location for all their IP’s and my upload speed went x5.
In a very dystopian future type of mentality, I could see where governments might link anyone running a monero node as an equivalent of aiding in money laundering or something to that extent.
My question is this though... why is it that we don’t bake tor to be ran by default for the GUI/CLI clients? Just like with Bisq for example?
Edit: I realize there are vulnerabilities with tor in that you can’t trust that all the nodes are honest nodes and might be used to de anonymize people’s true IP’s (if you aren’t using VPN)... however it seems like the best candidate for the time being?
^ I had the same concern at the time phishead. There were only 200 nodes in total However I do think Dandelion does not resolve your ISP and others knowing there is a Monero node running on your IP address. It solves that a transaction cannot be linked to an IPadress anymore.
However I do think Dandelion does not resolve your ISP and others knowing there is a Monero node running on your IP address. It solves that a transaction cannot be linked to an IPadress anymore. Running a node is not illegal, I think. Let's hope that doesn't change. You don't have to own Monero to run the node.
Why would running a node or owning Monero be illegal? It is just that I value my privacy. Therefore at the time I used a VPS to run a node in a foreign country that did not have a node yet. Nowadays from home because my ISP reports a single location for all their IP’s and my upload speed went x5.
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