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Topic: [XMR] Monero Speculation - page 1237. (Read 3314316 times)

sr. member
Activity: 397
Merit: 250
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!
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
July 17, 2016, 11:15:45 PM
 

This is what I'm saying! Cheesy

This is why we can't have nice things. Roll Eyes Remind me never to quote Dickinson.

*On a speculative note--nice item on monero slack (IRC?).
legendary
Activity: 1260
Merit: 1116
July 17, 2016, 11:06:29 PM

This is what I'm saying! Cheesy
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
July 17, 2016, 11:02:38 PM
Balzac! Shocked

Bonus points if you can name the book where the satanic genius "#@%*&^" first appears?

(no google cheat for that , at least not first level)  Tongue
legendary
Activity: 1260
Merit: 1116
July 17, 2016, 10:59:25 PM
Balzac! Shocked
legendary
Activity: 1624
Merit: 1008
July 17, 2016, 10:45:20 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

I'll try to troll you guys if you want? Not much, I know. But it's a start?

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?


I think one of my biggest hurdles would be the fact that you guys really aren't all that funny, but it would be a step up for me. Ethereum isn't even a moving target. Undecided

"Am I to your taste?" she went on, rising and displaying her gown of white cashmere.
hero member
Activity: 742
Merit: 501
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.
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
July 17, 2016, 10:04:59 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?


I think one of my biggest hurdles would be the fact that you guys really aren't all that funny, but it would be a step up for me. Ethereum isn't even a moving target. Undecided

Brevity is the soul of wit--this is why shock jock diatribes don't really carry over into Moneroland. Primer's at least short and to the point, illodin doesn't think anyone gets the joke (too much time in dashland has made him dull), BCX is continually getting tripped up by his own BS and the rest go back to step one.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
July 17, 2016, 10:01:59 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? 


Lol...the ranking of the quality and calibre of trolls...i swear I'd rather read these threads than pay $20+ to go out to a movie that probably isn't that good anyway. This is more entertaining (at least for me). Go on with the chlorophyll!

A wise man once said "Bitcoin runs on drama."

And that goes double for altcoins.   Tongue
hero member
Activity: 850
Merit: 1000
July 17, 2016, 09:50:23 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? 


Lol...the ranking of the quality and calibre of trolls...i swear I'd rather read these threads than pay $20+ to go out to a movie that probably isn't that good anyway. This is more entertaining (at least for me). Go on with the chlorophyll!
legendary
Activity: 1260
Merit: 1116
July 17, 2016, 09:46:42 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?


I think one of my biggest hurdles would be the fact that you guys really aren't all that funny, but it would be a step up for me. Ethereum isn't even a moving target. Undecided
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
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.
legendary
Activity: 1260
Merit: 1116
July 17, 2016, 09:26:07 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

I'll try to troll you guys if you want? Not much, I know. But it's a start?
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
July 17, 2016, 09:21:24 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
newbie
Activity: 37
Merit: 0
July 17, 2016, 08:35:16 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.

Thanks for sharing the numbers.

Any ETA on smart mining?
legendary
Activity: 1260
Merit: 1008
July 17, 2016, 07:06:47 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.
legendary
Activity: 1316
Merit: 1014
ex uno plures
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.
legendary
Activity: 1092
Merit: 1000
July 17, 2016, 05:37:17 PM
electricity..not so much
an old computer...few bucks
monero reward.....priceless

And it comes with free entertainment on a forum too Smiley
I mine about 0.1 XMR/ day and it feels the same as in 2010 mining 0.1 bitcoin/day just with my PC.
In any mining effort of any altcoin, it is important to think of the future price, not the quick rewards.

Many look at the price, but overlook the technology.

I agree. Monero works fine at 0.01 usd/xmr and 1000000000000 usd/xmr. I am perhaps too focused on the price and that's the very reason I am writing on the speculation thread only.
Speaking about the price, it still is down from 24 hrs ago.  Grin
Where is the army of trolls... If you go bitcoin side speculation sub forum you see in the red days RIP BTC-posts and in the green days posts tell how scarce bitcoin is and it is about to be bought by Federal Reserve tomorrow.
Monero lacks completely the bullish and bearish trolls that are trolling in hard core manner.
legendary
Activity: 1456
Merit: 1000
July 17, 2016, 05:35:09 PM
electricity..not so much
an old computer...few bucks
monero reward.....priceless

And it comes with free entertainment on a forum too Smiley
I mine about 0.1 XMR/ day and it feels the same as in 2010 mining 0.1 bitcoin/day just with my PC.
In any mining effort of any altcoin, it is important to think of the future price, not the quick rewards.

Yes, if you have an old computer you can mine for fun and to decentralize further and support the network but when considering future price it usually makes more economic sense to just buy it rather then invest in mining equipment.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
July 17, 2016, 05:26:03 PM
electricity..not so much
an old computer...few bucks
monero reward.....priceless

And it comes with free entertainment on a forum too Smiley
I mine about 0.1 XMR/ day and it feels the same as in 2010 mining 0.1 bitcoin/day just with my PC.
In any mining effort of any altcoin, it is important to think of the future price, not the quick rewards.

Many look at the price, but overlook the technology.
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