Author

Topic: [XMR] Monero Speculation - page 1148. (Read 3314330 times)

legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
August 30, 2016, 09:13:23 PM
I think the reason for planned XMR.to integration first is pretty obvious. That is a community project and Monero focused. Shapeshift, though we are all grateful that it supports Monero is far more multi coin focused. There's nothing wrong with that and I would be very surprised if I shape-shift plugin doesn't come along pretty quick. I also assume that the plugin architecture will be open source. So whoever wants to can make a shapeshift plugin.
newbie
Activity: 33
Merit: 0
August 30, 2016, 09:04:35 PM
Speaking of the GUI...

Quote
but it will, for example, allow users of the GUI to pay any Bitcoin address with Monero from their GUI wallet using an xmr.to plugin.

WOW!  Shocked Shocked this would be a fantastic ease of use feature! Allows quick and easy inclusion of all existing bitcoin accepting vendors. Very cool! I'm getting more excited every day!

Any particular reason why is the upcoming GUI integrated with XMR.to and not Shapeshift?

There seems to be differences between xmr.to and shapeshift which is significant enough for XMR developers to use the former...

probably because it was easier and quicker for now, but i'm only guessing. Maybe smooth or someone can chime in.

I sure hope that its merely for convenience reasons and not for any fundamental issues.
I may be overthinking this though.

Really appreciate if we could know the reason, as many of us use Shapeshift.
legendary
Activity: 3570
Merit: 1959
August 30, 2016, 08:10:37 PM
Speaking of the GUI...

Quote
but it will, for example, allow users of the GUI to pay any Bitcoin address with Monero from their GUI wallet using an xmr.to plugin.

WOW!  Shocked Shocked this would be a fantastic ease of use feature! Allows quick and easy inclusion of all existing bitcoin accepting vendors. Very cool! I'm getting more excited every day!

Any particular reason why is the upcoming GUI integrated with XMR.to and not Shapeshift?

There seems to be differences between xmr.to and shapeshift which is significant enough for XMR developers to use the former...

probably because it was easier and quicker for now, but i'm only guessing. Maybe smooth or someone can chime in.
newbie
Activity: 33
Merit: 0
August 30, 2016, 07:58:09 PM
Speaking of the GUI...

Quote
but it will, for example, allow users of the GUI to pay any Bitcoin address with Monero from their GUI wallet using an xmr.to plugin.

WOW!  Shocked Shocked this would be a fantastic ease of use feature! Allows quick and easy inclusion of all existing bitcoin accepting vendors. Very cool! I'm getting more excited every day!

Any particular reason why is the upcoming GUI integrated with XMR.to and not Shapeshift?

There seems to be differences between xmr.to and shapeshift which are significant enough for XMR developers to use the former...
sr. member
Activity: 306
Merit: 251
August 30, 2016, 07:57:26 PM
Speaking of the GUI...

Quote
but it will, for example, allow users of the GUI to pay any Bitcoin address with Monero from their GUI wallet using an xmr.to plugin.

WOW!  Shocked Shocked this would be a fantastic ease of use feature! Allows quick and easy inclusion of all existing bitcoin accepting vendors. Very cool! I'm getting more excited every day!

I'm excited to see the add on plugins/apps and hopefully there will be some kind of Point of Sale plugin for the GUI down the road.  A POS system would really help business adapt to accepting Monero.  Why sure I'd love to buy a cup of coffee and pay you with XMR :-)
legendary
Activity: 1722
Merit: 1217
August 30, 2016, 07:51:03 PM
The gui thing is actually starting to become a big deal now. Previously almost everyone in the community was comfortable with CLI and we had no need to rush adoption so it didnt really matter very much. But now as we see slightly wider spread adoption, more people who are not comfortable with CLI are coming into the space. The problem here is that this probably means people are keeping WAY too many monero on the exchange. Making it a very ripe target for attack. A lot of people might get burned because of this.

While of course the GUI will be nice, and an added bonus, I don't think it's that big of a deal.

Consider the following three broad categories:

Early adopters - (you covered this already, but anyways  Grin ) while the gui will be some icing on the cake, I would say most of us are comfortable enough with the command line. Also, we're already in; we may provide support in the event of a price drop, and liquidity as the price rises,  but you will not see significant growth from this group at this point (assuming we've all entered long ago and are happy with our respective positions)

Speculators: these guys pretty much need to keep their coins on exchange anyways; whether they are loaning coins, borrowing coins, making a market through open bid and ask positions, etc.

DNM users: typically they would be holding relatively small amounts for short periods of time. I think Shapeshift and MyMonero are sufficient for this use case. Or, even easier and more important than a GUI, if there were a fiat/xmr exchange that they can use to simply buy Monero and transfer direct to the online merchant...

I think this analysis completely ignores a broad new swath of users. Future historians my find them to still be very early indeed, but lets call them, for lack of a better term, late adopters. This is the group my post was concerned with.

But I guess the whole post is moot. It looks like we are getting our gui sometime within the next 2 weeks or so Grin. I was never one of those people who was gui obsessed but I'm certainly excited about its impending arrival.
legendary
Activity: 1512
Merit: 1000
@theshmadz
August 30, 2016, 07:45:13 PM
Speaking of the GUI...

Quote
but it will, for example, allow users of the GUI to pay any Bitcoin address with Monero from their GUI wallet using an xmr.to plugin.

WOW!  Shocked Shocked this would be a fantastic ease of use feature! Allows quick and easy inclusion of all existing bitcoin accepting vendors. Very cool! I'm getting more excited every day!
legendary
Activity: 1512
Merit: 1000
@theshmadz
August 30, 2016, 07:25:09 PM
The gui thing is actually starting to become a big deal now. Previously almost everyone in the community was comfortable with CLI and we had no need to rush adoption so it didnt really matter very much. But now as we see slightly wider spread adoption, more people who are not comfortable with CLI are coming into the space. The problem here is that this probably means people are keeping WAY too many monero on the exchange. Making it a very ripe target for attack. A lot of people might get burned because of this.

While of course the GUI will be nice, and an added bonus, I don't think it's that big of a deal.

Consider the following three broad categories:

Early adopters - (you covered this already, but anyways  Grin ) while the gui will be some icing on the cake, I would say most of us are comfortable enough with the command line. Also, we're already in; we may provide support in the event of a price drop, and liquidity as the price rises,  but you will not see significant growth from this group at this point (assuming we've all entered long ago and are happy with our respective positions)

Speculators: these guys pretty much need to keep their coins on exchange anyways; whether they are loaning coins, borrowing coins, making a market through open bid and ask positions, etc.

DNM users: typically they would be holding relatively small amounts for short periods of time. I think Shapeshift and MyMonero are sufficient for this use case. Or, even easier and more important than a GUI, if there were a fiat/xmr exchange that they can use to simply buy Monero and transfer direct to the online merchant...
legendary
Activity: 1092
Merit: 1000
August 30, 2016, 06:26:07 PM
What in the heck is going on here?

6700+ BTC of support ?

I caught this earlier - it was up for about 4 mins.

None of it was sold into.



My thoughts here:



What do you guys think?

Cheers,

mastertrader777
hero member
Activity: 952
Merit: 552
August 30, 2016, 06:23:41 PM
By the way you (Hueristic) fudster... monero block time = 120 sec (2 minutes)
moneritos ber block = 10.8066
Total moneros per day = 24hr x 60 / 2 x 10.8 = 7776 XMR
Assuming that your botnets controlled the entire network (you probably wish) that is a wapping
7776 * 0.0145 = 112 BTC a day  
Keep dreaming of getting cheap moneros you looser you are not going to do anything with your fucking botnets.
hero member
Activity: 952
Merit: 552
August 30, 2016, 06:05:16 PM
slowly integrating the acceptance of a possible 500m xmr mc by the end of 2016. 5-10% btc mc atm seems impropable, but it might get there eventually.
it's currently at about 1.19% btc mc.
it's practical to stash your keep in xmr instead of btc. That alone should drive up the price for it's part.  

gui is key in the mid-long term if it actually wants to get to 500m.

The Gui wrapper can be compiled and used right now. It failed on the import for me but I don't think the code is there yet (but I'm too lazy to look). It created a wallet just fine though. I compiled under latest ubuntu without issues (well one library was stubborn but thats not the programs fault).

Hello XMR baggers... are you done dumping yet??  Now let the rise continue! 

dump will never end when botnets get free coins, just get used to it.

XMR classic. Scam right?

99.99999% yes

How many coins are mined by botnets..   Huh

Also I suspect a coordinated effort to dump XMR with the classic scam timed just right.  Some whales are playing along with the scam to hold the rise and profit.  But hey, this is crypto full of scams, thiefs, manipulators, extremist, etc.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
August 30, 2016, 05:58:22 PM
slowly integrating the acceptance of a possible 500m xmr mc by the end of 2016. 5-10% btc mc atm seems impropable, but it might get there eventually.
it's currently at about 1.19% btc mc.
it's practical to stash your keep in xmr instead of btc. That alone should drive up the price for it's part.  

gui is key in the mid-long term if it actually wants to get to 500m.

The Gui wrapper can be compiled and used right now. It failed on the import for me but I don't think the code is there yet (but I'm too lazy to look). It created a wallet just fine though. I compiled under latest ubuntu without issues (well one library was stubborn but thats not the programs fault).

Hello XMR baggers... are you done dumping yet??  Now let the rise continue! 

dump will never end when botnets get free coins, just get used to it.

XMR classic. Scam right?

99.99999% yes
hero member
Activity: 952
Merit: 552
August 30, 2016, 05:58:14 PM
Hello XMR baggers... are you done dumping yet??  Now let the rise continue! 
legendary
Activity: 2744
Merit: 1288
August 30, 2016, 05:51:45 PM
XMR classic. Scam right?

They sell tokens. I dont think you can call that a scam. But what will buyers do with them then is a mystery to me.
full member
Activity: 154
Merit: 100
August 30, 2016, 05:31:36 PM
XMR classic. Scam right?
hero member
Activity: 870
Merit: 585
August 30, 2016, 03:55:39 PM
We know about the great run of 2013 but we never experienced it ourselves. And we want to. Everyone does. Everyone wants the thrill of watching a currency taking off and not coming back down.
Helloooo...  2014
legendary
Activity: 1722
Merit: 1217
August 30, 2016, 03:54:59 PM
The gui thing is actually starting to become a big deal now. Previously almost everyone in the community was comfortable with CLI and we had no need to rush adoption so it didnt really matter very much. But now as we see slightly wider spread adoption, more people who are not comfortable with CLI are coming into the space. The problem here is that this probably means people are keeping WAY too many monero on the exchange. Making it a very ripe target for attack. A lot of people might get burned because of this.
sr. member
Activity: 700
Merit: 250
August 30, 2016, 03:45:44 PM
slowly integrating the acceptance of a possible 500m xmr mc by the end of 2016. 5-10% btc mc atm seems impropable, but it might get there eventually.
it's currently at about 1.19% btc mc.
it's practical to stash your keep in xmr instead of btc. That alone should drive up the price for it's part.  

gui is key in the mid-long term if it actually wants to get to 500m.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
August 30, 2016, 03:34:04 PM
Interesting, that there are 111 BTC virtually right on the bid, yet no one wants them.  They would rather keep their Monero.
full member
Activity: 196
Merit: 100
August 30, 2016, 03:29:09 PM
Looks like Ethereum Classic is passing by you guys tonight. I always like when my coins meet..
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