Topic: [XMR] Monero Speculation - page 1147. (Read 3314330 times)

This comment is beyond stupid. It's pure FUD. Go away with your nonsense.

Storing it is incredibly easy.

Accessing it is not as easy, but still easy if you spend 5 minutes to learn the CLI. https://www.youtube.com/watch?v=jIRMM3F1jsE

Download https://github.com/jwinterm/LightWallet2/releases
Extract https://github.com/monero-project/bitmonero/releases in same folder

Launch Lightwallet, and done, easy...

Agreed - I do think it is myopic to say it's 'no big deal'

I have struggled through CLI learning curve on my Mac (with Saddam's encouragement and other's including Anon's kind offers of help) and no-one I know would even understand what I was talking about.   With the increase in value - the temptation for hackers who must be salivating at one single exchange with (likely) so much stored wealth lying around (which, if they steal, cannot be traced, remember) will be incredible.

Even MyMonero must have people snooping around looking for ways in.  There could be a black swan event with only one exchange and a simple web wallet site out there, the compromise of either being something we could do without.

Storing XMR safely is NOT easy for 99% of computer users - and even a few hundred is now money you can lose sleep over.

Sorry to keep banging on, but I am one of these people - and there are many millions of me!

BAck into the 140s but someone does seem to be determined not to let the price rise too quickly/at all.  EDIT - back down before I can even finish posting.

The next week will be interesting. 

I suspect potential XMR users on AB have now bought their coins, so will vendors sell their new fangled Monero straightaway or hold?  I suspect most have cashflow demands that necessitate the former. Until a behavioural pattern emerges I believe some volatility may be ahead - good if you're a trading addict, painful for us hodlers.

I'm also expecting a lot of press exposure - some of it negative - "New anonymous coin empowers dealers, thieves and terrorists". 

Fun, fun, fun

You are overthinking this, the emphasis was on the Plug-In Tool for the Wallet.... anything can be put in there if someone writes the code for the plug-in

If it is up to me the price should be 10000000000 usd/xmr but obviously I have no power over markets.

Thank you Mr Mcscrooge: I appreciate your support.. the price is already going up..   

Lol, I don't think I have such influence. If it drops then it is time to refill I guess. Selling low and buying high is not my way of making money. I have held a bag of Moneros since 2014 and if this fails completely I will lose 100% invested money but if it succeeds I will be incredibly wealthy.
If it loses I still have my other assets so it will not hurt that much. I am not so short sighted as many might have understood I am.

I am all in again.  50% retrace is another likely bottom, just like the 38.2 was.  Funny how hundreds of BTC sit just below the offer, and get ignored.  Then when they go away, it gets sold down.  

How can I stop wasting time like this?  It's not like I don't have a ridiculous amount of actually useful things I could be doing instead. I guess it's better than race cars.

Ach....now that's just being greedy. Much better to take a smaller profit, be in the position you want and have the potential to trade further if needs be. 

But each to their own.

I've been all out at .0154, waiting to get back in but not sure how low it's going... would be nice to get back in at .008 or below

@Dafur,
Well the Crypto gods were kind...hope you had some orders in the high one twenties and filled they were.

Mr. donald mcscrooge:

Maybe you should refrain from not caring about price and dumps because people get influenced by your thoughts and kill the coin..   I am holding a tiny bag but it is important to me.. Your careless choice of words caused this crash..

Call me back in 5 years.  Tell me of your victories and your defeats, and I will be happy to listen.  Just don't ask me for any Monero, when you do.

--Contented bag holder.

I can tell you that I have been filling prescriptions from India for 20 years.  I always buy goods advertised as being the products of manufacturers which have been FDA inspected and approved for the manufacture of generics for sale in the U.S. market.  I also always test the goods delivered.  In 20 years I received fraudulent goods on one occasion.  It was not hard to discern, because most medications have a distinctive packaging, taste, odor and texture.  For purified substances a melting point test is extremely easy and effective.  For custom syntheses in bulk, I spend 600$ and 300mg of material to get a broad range of NMR spectrographic results which are more than adequate to discriminate even analogs and isomers.  It is cheap enough so that if you get bum goods, you simply discard them, and order again from another vendor.

Yes, you can suicide by recklessness.  Don't do that.

Another bad thing you might do is act as a tax donkey for captured corrupt regulators and pharmaceutical price gougers extorting the infirm and elderly, and indeed the nations, into bankruptcy.  Don't do that either.  It would also be bad.

ETC Classic and XMR same trend for now.

ive made good profit.

not bagholding anymore.

0.005 to 0.016 is still good on xxxBtc

lets wait and watch. if i have to rebuy later, i will. but for now, bagholding isnt a good thing (imho)

Yes I am almost 100 % confident that the full potential of Dark Net Markets are not realized on the very same day DNM will implement XMR. Even if all the customers are fine with XMR, different people use their money in different days. Therefore, I see a potential for some "early users" using XMR this year, and I think 2017 will be even better. Thanks to the bullish trend we potentially start to see caused by DNM also normal people will start buying Moneros and that's the time I am looking to sell some.
Aminorex told us somewhere that the rise of Monero will be faster than the rise of bitcoin. I think that's very logical point due to at least 2 reasons: Monero has begun its pump when the future emission (excluding tail) is around 50 % increase to money base and the second reason being many more people are aware of crypto in general thanks to btc being the pioneer.

When speaking in terms "it already has risen 400-700 % in a short period", please bear in mind Monero is not that much higher than its previous ATH, and it took over 2 years to achieve these levels. The whales and manipulators (price manipulation was very visible in dumps that occured killing even tiny rises) held the coin cheap for so long time.

I do not care these short term pumps/dumps, since I have been in holding mood for some time, and I foresee 2000 + usd XMR at some point, not this year and probably not even 2017 but when the masses come after the bull trend caused by DNM combined with rigid emission and stingy bagholders - who knows.

XMR.to was tailored for Monero use from the ground up. UX wise, i think it's perfect. Copy paste the transaction in simplewallet, spend. Tx recognzed instantly. Takes just a few seconds. I use it several times a week.

Shapeshift has to support many coins, and Monero is still very different so they cannot be as good unless they devote more time/money to it. Which, to their credit they have done in order to recognize transactions in the mempool, etc.

Nothing wrong with Shapeshift, it's great that they support Monero. XMR.to also came before Shapeshift even existed, so very likely these plans have been in the works since that time. The GUI wireframes are at least that old 

Like others have said, being an open source project I'm sure someone will make a shapeshift plugin if there is demand for it.

I see. Sounds logical. Thanks.