Topic: [XMR] Monero Speculation - page 119. (Read 3313076 times)

I don't think what we eat now is the same burger we were eating 40 years ago.

They are feeding us with totally worthless shit.

Inflation isn't always visible on charts.

You think it is real fried potatoes we eat? Nope. A mixture of Wheat, soybeans, potato and full of other filth


https://mashable.com/2015/01/22/what-mcdonalds-fries-are-made-of/

This is why:




Inflation even small adds over time. But we should not mix emission inflation or money supply and price inflation or even equals them.  If you increase money supply for 10% that dont mean value of money will lose 10%.


What is happening with money supply: https://tradingeconomics.com/united-states/money-supply-m1

^  And what's with most people in the space and inflation anyway?  It's like a sin to talk and think about.  What did the Keynesians do wrong?  You had your iphones invented cos of it.  Lolol.

When comparing Bitcoin and Monero and adding argument of a emission bug is very silly. Emission bug was abused in Bitcoin but never in Monero. Yes there is same chance it happens in both. But fact is it was a abused only in Bitcoin and had to be forked.




Yes the tail emission is 0.7% yearly and then slowly decreasing over years.

In general emissions of Bitcoin and Monero are almost identical in our lifetime. Our grand grand grand kids will maybe have 2 Monero for every Bitcoin. v

And anyway ISTR a command like total supply or something, that could report it?

You should be able to do it mathematically.

I do not want to belabor this too much, but there is a way to say with cryptographic certainty that Monero has no "extra" coins?

Old wallet counting bug, no coins were EVER created out of thin air and you can always check how many exist.

He prolly means 'XMR created out if thin air'.  It's one of the issues why BTC will never adopt CT.

As for the tail emission...  It's fine.  That's like less than a percent of total XMR in circulation...?

Prototype of Monero made by ECB: https://www.ecb.europa.eu/paym/intro/publications/pdf/ecb.mipinfocus191217.en.pdf?3824c3f26ad2f928ceea370393cce785

It fails at few things, but it dont fails at that they know there cant be any serious money where random 3rd party can snoop on transactions like we can with transparent ledger cryptocurrencies.

Reality is a shitty place to live and it hates me.
^^^I'll have to add that to my quotes.



YUP^TM


You mean the tail emission? Its so small it shouldn't do a a damn thing its just been overblown by fudders as they have nothing else to point at and say "See its not a ponzie scheme so it can't increase in value".

Monero is really holding it's own better than many alts.

Bottom line... if Bitcoin stays at the front of crypto space Monero will still fill a valuable niche as one of the most cypherpunk projects in the whole space. 

The world still has a LOT of catching up to do when it comes to what BTC (and XMR) offers in terms of freedom and self sovereignty.

Some of you are old enough to remember how long it took to get a GUI.  One of the best parts about XMR not having a GUI was when it finally got one, the protocol, and the chain were old and proven enough to handle the greater usage it began to see.

I think the value not being realized is similar.  The utterly VAST majority of people do not understand why Monero matters.  Now what we need is second layer solutions to grow up enough that we start to see some cross chain interoperability.  When that happens Monero will (in my opinion) begin to show it's value as a chain with trust-able privacy implementation.

I would say that Monero is best used for commerce.  I think in some ways that makes it a bad investment.  However it should also be recognized as a way to privately store wealth.  In that regard it's hard to match.  Not BTC.  Not Grin, or ZCash.  I wish I could dig up a post I wrote years ago.  But it is truly the modern day Swiss Bank account.

People just don't know that yet.

Monero has exactly TWO enimys in my opinion.

1.  Eventually BTC is somehow able to integrate enough privacy to make it unneeded. (I think this is unlikely, but the LN might make the cash side work that way)

2.  Hidden inflation.

#2 is it's Achilles heel.  But even in that regard it would still have value.

Take a deep breath, let us not have another alpha bay moment shall we?

I'm so under water i don't even want to figure it out but I'm still Cost averaging away most weeks.

Same here! But I'm holding XMR as a painful memory.

Bought them from $ 30 and sold all when the price of XMR went up to $ 200, but because of my greed, I took back my money and bought XMR at $ 350 and waited for $ 600 to make a profit.

Don't curse me stupid because I'm really a fool.

Yeah it’s disgusting.

I haven’t sold any Monero from when I bought around 7usd to the ATH and back to here.

My eyes are open and I see it’s value - economically, from a utility perspective and from an applied cryptography standpoint.

All that said, I don’t think it’s too likely we will see a return to ATH from here, it’s just such a deafening low. At the same time, I’m not fucking selling, id rather keep them as a souvenir.

Muuuuaaaahhhhhhaaaaaahhhhhhhaaaaaaaa 
You made my day 

This price action is giving me a headache. I sure could use a little aminorex to ease the pain.

Yeah they just printed 450 trillion m0ar so where can I get some of that.
I think you need to be a banker to be in that line.

I just think there is a lot of uncertainty right now in the markets in general right now.  Everyone and their mother can see a recession is coming.

However this isn't entirely a bad thing.  Just keep steadily amassing monero when you have some extra government issued toilet paper to spare