Topic: [XMR] Monero Speculation - page 1088. (Read 3314330 times)

The majority of gamblers in any casino are losers. I was probably in that camp for a time as well. I used to dabble in more than ten different cryptos, trying to buy low and sell high... Once I started actively tracking how I was doing, I liquidated everything except the glorious 4: BTC XMR XCP and BCY (BCY only cuz I thought the game concept was cool so I helped fund their startup campaign) ... But enough off topic.

Moral of the story is that I now find that I am much more profitable if I simply try to identify projects that I think are a good idea and stick with those. It's not as exciting (or gut-wrenching) as the daily roller-coaster of gambling on random alts, but I've never had such a nice feeling as when Monero finally started to rise after a year or more of the market telling me I was wrong. It wasn't euphoria, or elation, but more like relief. Such a feeling of calm and confidence that I never got from short-term gambling, even after a big win.

YMMV 

The majority of gamblers on Poloniex are in the loss camp. They chase one pump 'n dump to the next and get steamrolled by whales and con artists.

I am not a day trader by any means. I meant buying some coins and holding until someone pumps them up long enough for me to notice and sell. I do not follow alt coins enough to buy and sell daily/weekly... I will likely buy more XMR once the price calms down a bit.

More adaption:
https://www.reddit.com/r/Monero/comments/52hmy3/dreammarket_adding_xmr_this_friday/

I wish I had more money to buy Monero for long term investment.
0.016BTC seems like such a good deal for a coin that might actually become stable and the third most popular coin after BTC and Etherium.

@Blazed if you want to earn a lot or lose a lot there are many coins on Poloniex daily being pumped. You can get x3 or more a day. Or lose.


As a gambler you don't need to wait for ETH and Monero to play.

Pretty nice pump for Monero holders...hope everyone made some good profits. Waiting to see how low it goes before buying back in. This made up for me missing out on the ETH pump.

The funny thing to me, though, is that I guarantee that these people who are complaining so much are probably all the people still holding some silly margin position on poloniex and/or don't want to "lose money" because they bought at a higher price; and "surely" a GUI will help them get back to square one or possibly make some profit. 

In the future after the GUI has been out and the circle jerk frenzy of "speculators"/"master minds of the market" has ended, then they will surely find something else to continuously harass the devs to fix right now because of muh user adoption.  I will go ahead on record and say that this future problem will probably be the scalability/file size problem.

Look new guys, I know it's frustrating to have to learn something new to be able to secure coins if you are just coming into Monero or cryptocurrencies in general; but I honestly hardly knew anything when I first was introduced randomly to Monero and just by continuously asking people for support on reddit, IRC, here, etc. I figured pretty much everything I need to know out.  The community is just nice like that.  But in order to get helpful answers to your questions, you can't just be a dick and shout "LOL, *insult comment here Obviously you could do just X, Y, and Z but this is just a shit coin anyway, LOL*".

I think deep down, the people complaining so much know they could probably figure out how to compile the GUI from the source; but they wouldn't want too because they think 1) the "CEO" of this "company" should do it 2) It should be easy for everyone, and I wouldn't want to invest in this thing if it's not easy for everyone, or 3) If I actually created a wallet I would have to actually send funds to my wallet, which would mean I would have to cancel my margin positions... "bu-but muh gainz!"

Make stupid posts, win stupid responses!   

The more the bratty moonchildren pout about the lack of an Official GUI, the funnier it gets to me.

As if stomping their feet and repetitiously asking "are we there yet?" will speed up development.

These high time preference neurotypicals are like the Gavinistas, unwilling to wait for proper Layer 2 Bitcoin scaling and loudly demanding Something Be Done "Right Meow!!!!1!"

When I watch my friend's kids and they start being overbearing about a request, I tell them further nagging will result in penalty delays.

Despite being only a few years old, they understand instantly and stop whining.

I propose we cancel the GUI project entirely, to buy the community a few more precious months off putting of our Eternal September.

Reasonable, I guess.  I have too much FOMO not to buy below 0188.  Gradually, of course.  I consider these cheap coins, discounting from a lower estimate of $25 in 2H2017.

What fluffy is saying, is that anyone could have taken on the GUI in the last 2 years... but no one even pitched it, even though he also could have been rewarded like Ilya with Funds from the Forum Funding System... the incentive was there! all the time.... yet no one took it.

Sorry mate i re-read what i wrote and i got why you are upset...i expressed me wrong. I didnt want to say that all you guys got cashed out. But maybe something should cashed out to maybe hire some GUI developers. What i actually just meant is that a GUI is needed so far i can read in some communities and from the pov of an investor in monero. When its just about the spirit...then ofc it can take as much time as needed

Please explain how people buying Monero on Poloniex enriches me, or hyc, or any of the other developers? I'm certainly not selling my small stash of Monero, neither is anybody else. It's absurd that you think this is like a company - buying Monero on Poloniex only enriches two people: yourself and Poloniex. To everyone that has worked on the project your purchase is entirely inconsequential, and it is downright insulting that you compare a rise in Tesla's share price to this situation.

You have no idea how open-source development works.

I'm talking about the price if you want or not

Where do you get 1+ years from?


We'd never have said it's "coming soon" until Ilya started working on it, and at ~10 hours a week for 28 weeks nobody was going to suggest that Ilya would have anything remotely workable earlier this year. People have a horrible habit of misreading, or inferring their own hopes, and then you end up with skewed expectations.

What you don't get is that this project is not about the "price" - not todays' price, yesterday's price or tomorrow's price.

It's still open source. Your argument simply falls flat here, sorry.

Also, it's now off-topic IMO.

You dont get the point even when its so obvious. We discuss about the price development here and this is also connected to an easy, working and official GUI. So its NOT about the GUI, it IS about the price related with the GUI. When you say Tesla needs a better battery technologie to have a better coverage which makes them selling more cars and raising their shares it is you who says "then develope new battery". You got it ?

In an open source project, your two choices to make things happen are (1) write it, or (2) pay someone to write it. That's it, end of story, nothing left to discuss.

If you don't want an annoying response, quit repeating annoying posts.

I have contributed to the dev fund. Can you please direct me to the thread where I can speculate about how the lack of basic UI features may affect the price? Perhaps a Monero speculation thread?

I understand the GUI gripes are tiresome (here's looking at you, N-rG). The "Fuck you. Go code a GUI." responses are getting old too.

Got a pull request?  Complaining accomplishes nothing.  I think everyone understands the situation.  If you can't contribute code, your dev fund contribution is quite welcome.