[XMR] Monero Speculation - page 1236.

sandiman

hero member

Activity: 560

Merit: 501

Quote from: Hueristic on July 19, 2016, 10:06:14 AM

Quote from: sandiman on July 19, 2016, 03:51:39 AM

Quote from: Hueristic on July 18, 2016, 09:13:37 PM

Quote from: Hueristic on June 14, 2016, 07:23:48 PM

What do you guys think BTC will pop at? I'm thinking if this isn't close then it may peak 850 but I don't think it's going much higher. But I really have no clue on btc movements. I'm going to cash out and wait for it to drop to rebuy, I figure about a month but who knows?

1 month bump.

I personnaly bought more at the triangle breakout at around 4400CNY, and this break out is being confirmed by a bull flag since last pump ...

PS: the latter doesn't mean moon, but a good opportunity to increase our bitcoin or in your case maybe monero holdings.

This was right before the DAO/Eth fail so that was not factored in, within the next month and a half or so I think will be time to get back in. Damn Eth fail spread alot of capitol around. I wish it had happened a few days earlier.

DAO fail is not over Tongue

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: sandiman on July 19, 2016, 03:51:39 AM

Quote from: Hueristic on July 18, 2016, 09:13:37 PM

Quote from: Hueristic on June 14, 2016, 07:23:48 PM

What do you guys think BTC will pop at? I'm thinking if this isn't close then it may peak 850 but I don't think it's going much higher. But I really have no clue on btc movements. I'm going to cash out and wait for it to drop to rebuy, I figure about a month but who knows?

1 month bump.

I personnaly bought more at the triangle breakout at around 4400CNY, and this break out is being confirmed by a bull flag since last pump ...

PS: the latter doesn't mean moon, but a good opportunity to increase our bitcoin or in your case maybe monero holdings.

This was right before the DAO/Eth fail so that was not factored in, within the next month and a half or so I think will be time to get back in. Damn Eth fail spread alot of capitol around. I wish it had happened a few days earlier.

noobtrader

legendary

Activity: 1456

Merit: 1000

Quote from: primer- on July 19, 2016, 08:06:01 AM

Quote from: Febo on July 19, 2016, 07:26:37 AM

Quote from: primer- on July 19, 2016, 04:36:01 AM

Monero is so unprofitable to mine for the average Joe that I believe 90% are botnets.. Sad...

It seems you are wrong and is quite profitable to mine.

Quote from: GingerAle on July 17, 2016, 07:06:47 PM

Quote from: s1gs3gv on July 17, 2016, 05:42:52 PM

There are a lot of different measures of value for a coin like XMR. There is the current value in btc on exchanges, there is the hopium value, supported by assorted conjectures and beliefs wrt the relationship between features (like a new GUI) and price, there is the ideological view of value, usually supported by assertions and beliefs wrt features a coin provides (like anonymity) and their perceived effect on future adoption and then there is the real value, which is somewhere just above the cost of producing a coin.

I mine, but not monero. I asked because I was curious how closely the exchange value in btc approaches the cost of mining at this time.

well, the most efficient way to mine is probably the 750 ti.

At current network difficulty, thats 0.09 xmr / day.

The card pulls ~33 watts.

At a rate of 12 cents / kWh, thats $0.09504 per day.

so if any of the math works, thats roughly 95 cents per xmr. So right now its very profitable to mine, if hardware is all paid for.

$0.095 per day on a single card, so a 100 card farm would make $9/day

Just go outside and sell lemonade, you'll make more.

Monero is run by botnets, period. I can account for 11MH/s (almost 50% of total net hash) spread across 17 wallets of pure botnet power (got proof, willing to share for 1btc escrow).

stop making accusation already, we all know that all monero miner are honest law abiding citizen and they also has alot of clue how to mine monero with utmost efficiency and prifitabitily.

if still accusing like that, what else will u say, that monero ppl make botnet then Huh

pls stop this nonsensical accusation !!! monero is highly profitable and there is no botnet mining monero, its all legit miner with awesome expertise in mining technology. Tongue

primer-

legendary

Activity: 1092

Merit: 1000

Quote from: Febo on July 19, 2016, 07:26:37 AM

Quote from: primer- on July 19, 2016, 04:36:01 AM

Monero is so unprofitable to mine for the average Joe that I believe 90% are botnets.. Sad...

It seems you are wrong and is quite profitable to mine.

Quote from: GingerAle on July 17, 2016, 07:06:47 PM

Quote from: s1gs3gv on July 17, 2016, 05:42:52 PM

There are a lot of different measures of value for a coin like XMR. There is the current value in btc on exchanges, there is the hopium value, supported by assorted conjectures and beliefs wrt the relationship between features (like a new GUI) and price, there is the ideological view of value, usually supported by assertions and beliefs wrt features a coin provides (like anonymity) and their perceived effect on future adoption and then there is the real value, which is somewhere just above the cost of producing a coin.

I mine, but not monero. I asked because I was curious how closely the exchange value in btc approaches the cost of mining at this time.

well, the most efficient way to mine is probably the 750 ti.

At current network difficulty, thats 0.09 xmr / day.

The card pulls ~33 watts.

At a rate of 12 cents / kWh, thats $0.09504 per day.

so if any of the math works, thats roughly 95 cents per xmr. So right now its very profitable to mine, if hardware is all paid for.

$0.095 per day on a single card, so a 100 card farm would make $9/day

Just go outside and sell lemonade, you'll make more.

Monero is run by botnets, period. I can account for 11MH/s (almost 50% of total net hash) spread across 17 wallets of pure botnet power (got proof, willing to share for 1btc escrow).

Febo

legendary

Activity: 2744

Merit: 1288

Quote from: primer- on July 19, 2016, 04:36:01 AM

Monero is so unprofitable to mine for the average Joe that I believe 90% are botnets.. Sad...

It seems you are wrong and is quite profitable to mine.

Quote from: GingerAle on July 17, 2016, 07:06:47 PM

Quote from: s1gs3gv on July 17, 2016, 05:42:52 PM

There are a lot of different measures of value for a coin like XMR. There is the current value in btc on exchanges, there is the hopium value, supported by assorted conjectures and beliefs wrt the relationship between features (like a new GUI) and price, there is the ideological view of value, usually supported by assertions and beliefs wrt features a coin provides (like anonymity) and their perceived effect on future adoption and then there is the real value, which is somewhere just above the cost of producing a coin.

I mine, but not monero. I asked because I was curious how closely the exchange value in btc approaches the cost of mining at this time.

well, the most efficient way to mine is probably the 750 ti.

At current network difficulty, thats 0.09 xmr / day.

The card pulls ~33 watts.

At a rate of 12 cents / kWh, thats $0.09504 per day.

so if any of the math works, thats roughly 95 cents per xmr. So right now its very profitable to mine, if hardware is all paid for.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

"How to use Monero to anonymize Bitcoin"

https://bitcoinnewsmagazine.com/how-to-use-monero-to-anonymize-bitcoin

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

Your botnets ruined mining? is that the complaint?

primer-

legendary

Activity: 1092

Merit: 1000

Monero is so unprofitable to mine for the average Joe that I believe 90% are botnets.. Sad...

sandiman

hero member

Activity: 560

Merit: 501

Quote from: Hueristic on July 18, 2016, 09:13:37 PM

Quote from: Hueristic on June 14, 2016, 07:23:48 PM

What do you guys think BTC will pop at? I'm thinking if this isn't close then it may peak 850 but I don't think it's going much higher. But I really have no clue on btc movements. I'm going to cash out and wait for it to drop to rebuy, I figure about a month but who knows?

1 month bump.

I personnaly bought more at the triangle breakout at around 4400CNY, and this break out is being confirmed by a bull flag since last pump ...

PS: the latter doesn't mean moon, but a good opportunity to increase our bitcoin or in your case maybe monero holdings.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Hueristic on June 14, 2016, 07:23:48 PM

What do you guys think BTC will pop at? I'm thinking if this isn't close then it may peak 850 but I don't think it's going much higher. But I really have no clue on btc movements. I'm going to cash out and wait for it to drop to rebuy, I figure about a month but who knows?

1 month bump.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: aminorex on July 17, 2016, 09:41:23 PM

Just send iCEBREAKER into the da(e)sh threads, and we'll have more retribution trolls than we could ever use.

https://steemit.com/bitcoin/@juansgalt/hey-monero-fans-here-s-how-to-get-to-the-top-of-coinmarketcap

DashHoles now spend at least as much time fretting about Monero as they do working on Dash.

This looks like peak Monero Derangement Syndrome. Cool

jwinterm

legendary

Activity: 3164

Merit: 1118

Almost lunatic? I think lunacy is actually the perfect term for what afflicts him - craziness brought on by (visions of) the moon.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: ?? on ??

trolls are part of the club now, I bet they all own XMR they can't bother to trash it 24/7 anymore

and all I can say is.... welcome

I agree. Trolls are attracted by good coins. Both bull and bear trolls, they also bring publicity and entertainment. Cheesy

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: tifozi on July 17, 2016, 10:41:15 PM

Back in the day MoneroMan was one of the best trolls you'd ever find in any forum. He was way ahead of his brethren and times. Practically invented reverse-shilling trollery but then again the way Monero truthism was out in force at that time, we all knew the forum would be fired up and manifest into something along the lines of a good perma troll.

I hope this guy is still lurking around somewhere. He caused a lot of anger.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: aminorex on July 17, 2016, 09:41:23 PM

Primer- is maybe not the calibre of enemy one would like, but he is pretty deeply trollish. Illodin is a somewhat higher grade of troll, but less deeply so.

Maybe we should use the forum funding system to incentivize more aggressive, higher quality trolling?

Nah, unnecessary: Just send iCEBREAKER into the da(e)sh threads, and we'll have more retribution trolls than we could ever use.

Primer indeed is a troll who is also turning into more bullish recently. Apparently he has got some coins now.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: iCEBREAKER on July 17, 2016, 09:21:24 PM

Quote from: TrueCryptonaire on July 17, 2016, 05:37:17 PM

Monero lacks completely the bullish and bearish trolls that are trolling in hard core manner.

Hey man, I'm doing all I can to stir the pot and goad the haters into using shorts to keep the price low for us buyers.

The closest we have to a respectable troll is Shelby, who isn't nearly as qualified as Prof Stolfi (the boss of the Buttcoiners).

We do have some remarkable bulls, in the form of Risto and Pegasus.

For now, that's fine.

Drama will intensify in proportion to market cap, Soon.^TM

Risto has not shown any interest on Monero for a while.... (Am I qualified enough to be a troll) Grin

You and Pegasus indeed are super bullish, especially Pegasus who is almost lunatic in his bullishness.
Actually drama will bring people here and make Monero also interesting (like Risto's drama on bitcoin feasts with planning to organize rapid deployment troops and pink limousine stuff). Grin

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

MAAM #25 Monero Ask Anything Monday

https://www.reddit.com/r/Monero/comments/4tg80g/maam_25_monero_ask_anything_monday/

Kramerc

sr. member

Activity: 397

Merit: 250

Quote from: ArticMine on July 18, 2016, 06:26:27 AM

Quote from: Kramerc on July 18, 2016, 04:33:11 AM

...

My chart suggests the following: we can count 5 waves up so an intermediate term impulse could be finished. This would mean a rather deep retracement for the 2nd wave, between 0.5 and 0.618 fibs, or even deeper, as XMR usually likes them. In this scenario, I would expect the low to be in between the end of july and beginning of august, presenting the best buying opportunity since the <.001 prices 7 months ago.

Of course, there is also the possibility that we just go up from here, making highs higher than .0033. In my opinion this has a lower probability than my first scenario due to bitcoin's triangle breakout.

Good luck!

This seems to come down to where the end of the corrective wave (2) is. Has it completed already or is it still in progress?

.0043 is (1) in my chart, .0016 is (2), they are completed. And now we have also completed a smaller degree wave 1 topping at .0033, which means the following 2 will retrace at least 50%-61% (but it can go even lower), roughly around .0024-.0022, where the retracement fib lines are.

The chart is invalidated if

a) price goes above the .0033 before it retraces (but even so, it could be just a variation, where the wave 1 hasn't topped yet, but will not go up a lot more) or
b) price goes below .0016 (start point of this proposed wave 1). This would be very bearish, meaning that this upwards move was a dead cat bounce. It would also mean LLs. I find this possibility highly unlikely both because of the risk-on approach towards the crypto sphere in general, and also everything going on in the XMR world.

s1gs3gv

legendary

Activity: 1316

Merit: 1014

ex uno plures

thanks

Quote from: GingerAle on July 17, 2016, 07:06:47 PM

Quote from: s1gs3gv on July 17, 2016, 05:42:52 PM

I asked because I was curious how closely the exchange value in btc approaches the cost of mining at this time.

thats roughly 95 cents per xmr.

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: Kramerc on July 18, 2016, 04:33:11 AM

...

My chart suggests the following: we can count 5 waves up so an intermediate term impulse could be finished. This would mean a rather deep retracement for the 2nd wave, between 0.5 and 0.618 fibs, or even deeper, as XMR usually likes them. In this scenario, I would expect the low to be in between the end of july and beginning of august, presenting the best buying opportunity since the <.001 prices 7 months ago.

Of course, there is also the possibility that we just go up from here, making highs higher than .0033. In my opinion this has a lower probability than my first scenario due to bitcoin's triangle breakout.

Good luck!

This seems to come down to where the end of the corrective wave (2) is. Has it completed already or is it still in progress?

Topic: [XMR] Monero Speculation - page 1236. (Read 3314316 times)