Topic: [XMR] Monero Speculation - page 1217. (Read 3314325 times)

Might be also due to good PR XMR is getting. https://www.youtube.com/watch?v=i1q3rYJHqDE

Higher highs and higher lows since the end of May.  Btcusd should continue down for 4 to 8 weeks, so I expect XMR safe haven trade to continue that long.  I am short btcusd myself, since Saturday.

SIGAINT launches Tor Monero node as "[its] operators firmly believe that Monero is the next logical step in Darknet commerce"

http://monero7tukbkxn57.onion/

https://www.reddit.com/r/Monero/comments/4xqrzd/sigaint_launches_tor_monero_node_as_its_operators/

Ba-BAM!  up we go!

I don't know but I just have this feeling that there is a shoe that hasn't dropped.



New whale I guess? Who's taking bets on when the dump hits?

Dash valuation is getting absurd.  Short soon, in time to load up XMR?  FOMO!

The XMR market in the process of pricing in:
1) RingCT PR
2) Upcoming GUI
3) Dashhole rally
4) All of the above 

MRW Monero price actually starts going up these days. 
 

Wouldn't HF5 be on Setpember 2017? ... I just thought it was going to be a bi-annual type of thing?

Quick summary/notes are available:

https://hellomonero.com/article/monero-bi-weekly-dev-meeting-note-highlights-2016-08-14

Moneroaddress.org is simply a port of this Github repository. You can simply download the ZIP file from there, extract it, and use it on your own computer. It was made by MoneroMooo, who is currently the most active code contributor to Monero. If you want to verify the download (or use it offline), you can follow the steps in this guide. Note that this guide was made for securely generating an offline cold paper wallet, but is basically for the extremely paranoid. Alternatively, there is this tool to generate a paper wallet. This tool was made by core-team member luigi1111. If you have two machines that aren't both compromised by the same entity, you could use the "Ice Cold" method of his tool.

Works fine, follow the instructions.

Interesting.  Side chain option, or a good idea for a new generation coin recipe...?  Seems it won't work in existing blockchain protocol. We can't undo the holy blockchain.

Miblewimble Coin soon™

Dev meeting in approximately 4 hours (16:00 UTC). Dev meeting will be held at #monero-dev on freenode.

https://www.timeanddate.com/worldclock/converted.html?iso=20160814T16&p1=0&p2=56&p3=37&p4=102&p5=240&p6=136&p7=179&p8=137&p9=70&p10=28

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Kovri (I2P) dev meeting in approximately 5 hours (17:00 UTC). Dev meeting can be followed at #monero-dev on freenode.

https://www.timeanddate.com/worldclock/converted.html?iso=20160814T17&p1=0&p2=56&p3=37&p4=102&p5=240&p6=136&p7=179&p8=137&p9=70&p10=28

Ring CT just got PRed to master!

https://github.com/monero-project/bitmonero/pull/961

Bear in mind that, even though the code is finished, it will need thorough review and testing before it will get merged into master.

Great work by MoneroMooo, Shen Noether and everyone else involved!

Monero mentioned https://www.youtube.com/watch?v=QGhenBI8YSA

https://bitcoinmagazine.com/articles/mimblewimble-how-a-stripped-down-version-of-bitcoin-could-improve-privacy-fungibility-and-scalability-all-at-once-1471038001

Any though ??

   
  
And with that, the great Speculative attack on Bitcoin began.   
 
But seriously, it is accepted that Bitcoin is worth 10 billion (with a 'b').  That's because Bitcoin was the first, and has had years to establish a network effect. 
 
But Monero isn't just slightly better technology.  It's the original vision of Bitcoin - it is a tech an order of magnitude beyond Bitcoin, which fulfills something the original cannot - true privacy from the first block to the current one.

From my perspective the main thing is the high price. You can't just look at this as coin-vs-coin, but you have to ask if a Bitcoin is really worth 300 times as much as Monero. Clearly Bitcoin is more established, more widely used, more widely held, etc. But 300 is a high ratio, and there is perhaps room for it to fall a lot and all the things I said in the previous sentence would still be true. Price matters.

I have actually considered Bitcoin a much higher long term risk than Monero for over two years, largely because of the blocksize issue. The 1 MB blocksize in Bitcoin effectively prevents any growth in Bitcoin. When one considers that much of the valuation in Bitcoin is driven by market perception of future value, in the form of venture capitalists for Bitcoin businesses, and investors and speculators in Bitcoin itself, the downside risk in Bitcoin becomes apparent.

As for hedging with other crypto currencies I see very few options. Aeon is a possibility since it has a tail emission in addition to the Cryptonote adaptive blocksize limit. A Cryptonote coin without a tail emission is basically a ticking time bomb from a security point of view. One interesting possibility may be Dogecoin because it has a tail emission in a BItcoin like "in the clear" coin; however at this point in time Dogecoin does not have an adaptive blocksize limit.  I do still hold very small amounts of Bitcoin and Namecoin. The latter is basically a play on a sharp increase in the price of Bitcoin which could happen for a short period of time.

As for non crypto currency hedges, fiat (cash or very short term deposits) is my personal choice because it tends to correlate negatively with crypto as a whole. It also provides very good liquidity over the short term. Some may suggest precious metals. I find stocks to be horribly overvalued and the same can be said for real estate in many markets.