Author

Topic: [XMR] Monero Speculation - page 1125. (Read 3314330 times)

legendary
Activity: 910
Merit: 1000
September 04, 2016, 09:19:00 AM
Am I to late to go and buy $2500 worth of Monero? or good investment..?
VerY bad idea. And how does a newb with 5 posts get a negative trust rating??
legendary
Activity: 2702
Merit: 2053
Free spirit
September 04, 2016, 08:13:28 AM
ah booo I thought it said we were going to have an Etherium party and BTC party   



legendary
Activity: 1092
Merit: 1000
September 04, 2016, 08:06:17 AM
Am I to late to go and buy $2500 worth of Monero? or good investment..?

Not too late while we are still below ethereum. We deserve #2 atleast. When we have ethereum parity a that point you may be too late. But who knows. Btc parity and beyond certainly is not inconceivable.

These words from early bitcoiners are like music to my ears. Do I hear the mountains tremble?
legendary
Activity: 1722
Merit: 1217
September 04, 2016, 07:40:45 AM
Am I to late to go and buy $2500 worth of Monero? or good investment..?

Not too late while we are still below ethereum. We deserve #2 atleast. When we have ethereum parity a that point you may be too late. But who knows. Btc parity and beyond certainly is not inconceivable.
newbie
Activity: 7
Merit: 0
September 04, 2016, 07:35:38 AM
Am I to late to go and buy $2500 worth of Monero? or good investment..?
sr. member
Activity: 700
Merit: 250
September 04, 2016, 07:26:54 AM
but he's right in a way. long term he said, but didn't specify how long. I'm sure everybody here agrees Monero will be obsolete within 100 years and go to 0.00

Hardly.
I don't agree with you.
Why should it be so?


hardly any currency in history does. Not many currencies last longer than 100 + years

You are making the mistake of comparing Monero to currencies that have central authority. The currencies die because of hyperinflation when the central authority starts to print money big time at some point.
Monero will never have hyperinflation. It is the ultimate save haven just like gold but in digital form, therefore the storing costs are lower and it is more convenient than any physical product (it is easier to carry a trezor full of Moneros than bricks of gold).


i was comparing xmr to currencies in general.
cc's are a completely new thing, in many ways unpredictable. i would speculate however that there will be other better faster stronger currencies.


I am talking currencies in general.
During the past century or so the most of currencies are fiat currencies. Also fiat currencies are not unknown before that.
It is fiat currencies without any real packing that dies because of hyperinflation created by excessive money printing.
Gold is very good  example: it is a real asset and never has lost purchasing power. You were able to buy a new suit with 1 oz of gold 200 years ago. Also today you can buy a suit with 1 oz of gold.
Credit cards are not destroying the fiat currency (perhaps one's personal finances but not in general economy's finances) but the money printing which is used to finance the public sector deficits.


i'd be willing to do a futures trade with you on this one, but the odds are neither of us will be alive 100+ years from now unless the transhumanists make significant progress in prolonging human life span  Wink
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
September 04, 2016, 07:23:53 AM

Let the squeeze begin....start nibbling.  Cheesy

edit: wall pulled...lol not a minute later...
legendary
Activity: 1092
Merit: 1000
September 04, 2016, 07:21:02 AM
but he's right in a way. long term he said, but didn't specify how long. I'm sure everybody here agrees Monero will be obsolete within 100 years and go to 0.00

Hardly.
I don't agree with you.
Why should it be so?


hardly any currency in history does. Not many currencies last longer than 100 + years

You are making the mistake of comparing Monero to currencies that have central authority. The currencies die because of hyperinflation when the central authority starts to print money big time at some point.
Monero will never have hyperinflation. It is the ultimate save haven just like gold but in digital form, therefore the storing costs are lower and it is more convenient than any physical product (it is easier to carry a trezor full of Moneros than bricks of gold).


i was comparing xmr to currencies in general.
cc's are a completely new thing, in many ways unpredictable. i would speculate however that there will be other better faster stronger currencies.


I am talking currencies in general.
During the past century or so the most of currencies are fiat currencies. Also fiat currencies are not unknown before that.
It is fiat currencies without any real packing that dies because of hyperinflation created by excessive money printing.
Gold is very good  example: it is a real asset and never has lost purchasing power. You were able to buy a new suit with 1 oz of gold 200 years ago. Also today you can buy a suit with 1 oz of gold.
Credit cards are not destroying the fiat currency (perhaps one's personal finances but not in general economy's finances) but the money printing which is used to finance the public sector deficits.
legendary
Activity: 2268
Merit: 1141
September 04, 2016, 07:18:28 AM
sr. member
Activity: 700
Merit: 250
September 04, 2016, 07:14:06 AM
but he's right in a way. long term he said, but didn't specify how long. I'm sure everybody here agrees Monero will be obsolete within 100 years and go to 0.00

Hardly.
I don't agree with you.
Why should it be so?


hardly any currency in history does. Not many currencies last longer than 100 + years

You are making the mistake of comparing Monero to currencies that have central authority. The currencies die because of hyperinflation when the central authority starts to print money big time at some point.
Monero will never have hyperinflation. It is the ultimate save haven just like gold but in digital form, therefore the storing costs are lower and it is more convenient than any physical product (it is easier to carry a trezor full of Moneros than bricks of gold).


i was comparing xmr to currencies in general.
cc's are a completely new thing, in many ways unpredictable. i would speculate however that there will be other better faster stronger currencies.
legendary
Activity: 1092
Merit: 1000
September 04, 2016, 07:08:52 AM
but he's right in a way. long term he said, but didn't specify how long. I'm sure everybody here agrees Monero will be obsolete within 100 years and go to 0.00

Hardly.
I don't agree with you.
Why should it be so?


hardly any currency in history does. Not many currencies last longer than 100 + years

You are making the mistake of comparing Monero to currencies that have central authority. The currencies die because of hyperinflation when the central authority starts to print money big time at some point.
Monero will never have hyperinflation. It is the ultimate save haven just like gold but in digital form, therefore the storing costs are lower and it is more convenient than any physical product (it is easier to carry a trezor full of Moneros than bricks of gold).
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
September 04, 2016, 07:06:52 AM
From reddit:

Quote
LiteBit.eu offers EUR/XMR exchange now, allowing Bankwire/GiroPay/iDeal/SOFORT

https://www.reddit.com/r/Monero/comments/5116ig/litebiteu_offers_eurxmr_exchange_now_allowing/

https://www.litebit.eu/

Great find, thanks for posting....just what I've been looking for.

Now, I just wish this eejit with the 1500BTC sell wall would bugger off.


or he should just dump it and move on.

Obviously putting out a wall like that is not because they intend to actually sell.

Just a for-show barrier.
Is it a shorter trying to hold the market down?

Possible. Not sure if there was that many XMR up for shorting.
sr. member
Activity: 700
Merit: 250
September 04, 2016, 07:02:43 AM
but he's right in a way. long term he said, but didn't specify how long. I'm sure everybody here agrees Monero will be obsolete within 100 years and go to 0.00

Hardly.
I don't agree with you.
Why should it be so?


hardly any currency in history does. Not many currencies last longer than 100 + years
legendary
Activity: 1092
Merit: 1000
September 04, 2016, 06:57:05 AM
but he's right in a way. long term he said, but didn't specify how long. I'm sure everybody here agrees Monero will be obsolete within 100 years and go to 0.00

Hardly.
I don't agree with you.
Why should it be so?
legendary
Activity: 1092
Merit: 1000
September 04, 2016, 06:56:06 AM
just search for American Pegasus, he has pretty clear vision of the future of XMR.


https://www.youtube.com/watch?v=iEzNXzZy8e4

While the message is good, his attitude, demeanour and delivery are not exactly endearing to anyone over 18yo.

Yes he seems to like drinking (watched a couple of his vids).
Anyway, he has written also here that he sees Monero having significiantly higher price tag than Bitcoin ever had and I think the odds for that are pretty significiant (hardly over 50 % but relatively high still IMO).
Especially the current rise has shown it is possible to pump the price of Monero 1000% in a short period of time which is pretty encouraging to me. Why should the rise stop? I see no reason for stopping the rise. Let's keep on rising. As long as there are bids supporting the price we can go pretty much anywhere (and if someone sells it has to be punished by pumping the price even higher so that there will be no incentive to unnecessary dumps).
sr. member
Activity: 807
Merit: 423
September 04, 2016, 06:48:51 AM
From reddit:

Quote
LiteBit.eu offers EUR/XMR exchange now, allowing Bankwire/GiroPay/iDeal/SOFORT

https://www.reddit.com/r/Monero/comments/5116ig/litebiteu_offers_eurxmr_exchange_now_allowing/

https://www.litebit.eu/

Great find, thanks for posting....just what I've been looking for.

Now, I just wish this eejit with the 1500BTC sell wall would bugger off.


or he should just dump it and move on.

Obviously putting out a wall like that is not because they intend to actually sell.

Just a for-show barrier.
Is it a shorter trying to hold the market down?
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
September 04, 2016, 06:42:33 AM
From reddit:

Quote
LiteBit.eu offers EUR/XMR exchange now, allowing Bankwire/GiroPay/iDeal/SOFORT

https://www.reddit.com/r/Monero/comments/5116ig/litebiteu_offers_eurxmr_exchange_now_allowing/

https://www.litebit.eu/

Great find, thanks for posting....just what I've been looking for.

Now, I just wish this eejit with the 1500BTC sell wall would bugger off.


or he should just dump it and move on.

Obviously putting out a wall like that is not because they intend to actually sell.

Just a for-show barrier.
sr. member
Activity: 700
Merit: 250
September 04, 2016, 06:41:39 AM
but he's right in a way. long term he said, but didn't specify how long. I'm sure everybody here agrees Monero will be obsolete within 100 years and go to 0.00
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
September 04, 2016, 06:38:54 AM
Long term, I think they're a pretty safe bet and I'm happy holding.

Long term XMR will go back to 1$.

Long term this post will be referenced and possibly laughed at in the future.

This account ^ long term may go silent because of this prediction.
sr. member
Activity: 473
Merit: 250
September 04, 2016, 06:35:50 AM

The Great wall has been lifted... Time to return to your regular programming which is already in progress!

Back to the Bull Rush!

EDIT: The new "half wall" is back up... If I had the resources I'd eat that up! I appreciate the opportunity to pick up more but the wall is impending growth and stopping momentum. Enough is enough!

there was just a 777btc wall @0.01993179 and within a few seconds there were 27, 59 and 29 btc buys of it, and it was then very quickly pulled Grin

It's been going on for hours now, keeps getting pulled and moved whenever it's eaten at
Jump to: