[XMR] Monero Speculation - page 1276.

Johnny Mnemonic

hero member

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Quote from: primer- on June 15, 2016, 05:08:19 PM

I love the pump but unless monero really takes off (0.04-0.05) it won't survive Ethereum's ring signature mixers soon to be launched.....

There's a lot more to XMR than ring sigs. Even still, from what I understand Ethereum ring-sig transactions will be optional and quite expensive. I'm unconcerned.

Quote from: primer- on June 15, 2016, 05:39:16 PM

Please do not compare a shitcoin with ETH.. Monero's only purpose it to make botnet operators rich.. Less than 10% of network hash rate are real users.. Unless monero attracts BTC bubble newcomers it's done...

How do you know 90% of the hash rate is botnets? I'm curious to see the numbers.

letsplayagame

sr. member

Activity: 308

Merit: 250

I see more GUI commits:

https://github.com/mbg033/monero-core/commit/3ddd9bed72da0e039f44b64a4cc9fff679dd40ed

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: Febo on June 15, 2016, 12:51:30 PM

I dont understand that compared to last half year, last 2 weeks rare is selling Moneros. Why this sudden change. Did all who wanted BTC for halving already sold them in past half year? Or something is expecting?

The fundamentals for Monero are very different from last year. We have a significant drop in the emission and more importantly an even greater drop in the inflation rate. We also have seen some very significant improvements in Monero project. https://getmonero.org/2016/02/10/monero-missive-2015-year-in-review.html One very significant improvement, that has a direct impact on usability, in the removal of the large memory requirements for running Monero, from well over 9 GB to under 300 MB. This means support for 32bit GNU/Linux and Windows including Windows XP and support for ARMv7 devices.

Quote from: Hueristic on June 15, 2016, 05:26:08 PM

Quote from: americanpegasus on June 15, 2016, 04:41:59 PM

The answer is surprisingly simple, yet infuriating. Buy Monero, secure it in cold storage, and then help build the Monero economy and community. Don't worry about the price.

For example, if Bitcoin goes up, but so does Monero's BTC ratio, getting out of Monero temporarily to ride the Bitcoin wave up will ultimately hurt your XMR holdings.

I have to disagree here (make note anyone that thinks this thread is a circle jerk), it all depends on the amount you own. For instance my holdings were so small that I was able to cash out without effecting the price in any meaningful way. I agree that partially cashing out is stupid just as the morons that lend at such a low rate are shooting themselves in the foot.

Now I am 100% certain and have absolutely no doubt that Monero is the best Virtual currency bar NONE but in order to increase my holdings I am taking from the BTC bubble and will buy back in when it pops and I expect XMR will dip down to 1 usd again and I will get back in then.

...

I am with americanpegasus here. My take is that the current rise in Bitcoin is driven to a large degree by fear in the fiat markets. A significant factor in the latter is the threat of Brexit. If Bitcoin moons for what ever reason I would much rather be in an alt I believe in than in Bitcoin. I base this to large degree on the price behavior of most alt-coins during the Bitcoin bull markets of 2013.

primer-

legendary

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Quote from: Hueristic on June 15, 2016, 05:26:08 PM

Quote from: americanpegasus on June 15, 2016, 04:41:59 PM

The answer is surprisingly simple, yet infuriating. Buy Monero, secure it in cold storage, and then help build the Monero economy and community. Don't worry about the price.

For example, if Bitcoin goes up, but so does Monero's BTC ratio, getting out of Monero temporarily to ride the Bitcoin wave up will ultimately hurt your XMR holdings.

I have to disagree here (make note anyone that thinks this thread is a circle jerk), it all depends on the amount you own. For instance my holdings were so small that I was able to cash out without effecting the price in any meaningful way. I agree that partially cashing out is stupid just as the morons that lend at such a low rate are shooting themselves in the foot.

Now I am 100% certain and have absolutely no doubt that Monero is the best Virtual currency bar NONE but in order to increase my holdings I am taking from the BTC bubble and will buy back in when it pops and I expect XMR will dip down to 1 usd again and I will get back in then.

Quote from: primer- on June 15, 2016, 05:08:19 PM

I love the pump but unless monero really takes off (0.04-0.05) it won't survive Ethereum's ring signature mixers soon to be launched.....

Sorry, remind me when ETH's chain has been attacked and survived and where this supposed tech is anything more than pie in the sky ATM. We keep hearing how all these other coins are going to copy Crypto-Note with a Lite mix version but havn't even seen any that have come through.

Actually quite the opposite we have watched Shadow (the only one I know that actually released something in this regard) get completely De-anaomized by Monero scientists.

Now go change your botnet off that pool! Tongue

Please do not compare a shitcoin with ETH.. Monero's only purpose it to make botnet operators rich.. Less than 10% of network hash rate are real users.. Unless monero attracts BTC bubble newcomers it's done...

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: americanpegasus on June 15, 2016, 04:41:59 PM

The answer is surprisingly simple, yet infuriating. Buy Monero, secure it in cold storage, and then help build the Monero economy and community. Don't worry about the price.

For example, if Bitcoin goes up, but so does Monero's BTC ratio, getting out of Monero temporarily to ride the Bitcoin wave up will ultimately hurt your XMR holdings.

I have to disagree here (make note anyone that thinks this thread is a circle jerk), it all depends on the amount you own. For instance my holdings were so small that I was able to cash out without effecting the price in any meaningful way. I agree that partially cashing out is stupid just as the morons that lend at such a low rate are shooting themselves in the foot.

Now I am 100% certain and have absolutely no doubt that Monero is the best Virtual currency bar NONE but in order to increase my holdings I am taking from the BTC bubble and will buy back in when it pops and I expect XMR will dip down to 1 usd again and I will get back in then.

Quote from: primer- on June 15, 2016, 05:08:19 PM

I love the pump but unless monero really takes off (0.04-0.05) it won't survive Ethereum's ring signature mixers soon to be launched.....

Sorry, remind me when ETH's chain has been attacked and survived and where this supposed tech is anything more than pie in the sky ATM. We keep hearing how all these other coins are going to copy Crypto-Note with a Lite mix version but havn't even seen any that have come through.

Actually quite the opposite we have watched Shadow (the only one I know that actually released something in this regard) get completely De-anaomized by Monero scientists.

Now go change your botnet off that pool! Tongue

primer-

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I love the pump but unless monero really takes off (0.04-0.05) it won't survive Ethereum's ring signature mixers soon to be launched.....

americanpegasus

hero member

Activity: 770

Merit: 504

The answer is surprisingly simple, yet infuriating. Buy Monero, secure it in cold storage, and then help build the Monero economy and community. Don't worry about the price.

For example, if Bitcoin goes up, but so does Monero's BTC ratio, getting out of Monero temporarily to ride the Bitcoin wave up will ultimately hurt your XMR holdings.

rangedriver

hero member

Activity: 714

Merit: 504

Quote from: Monerobuyer0 on June 15, 2016, 02:28:26 PM

Quote from: Febo on June 15, 2016, 12:51:30 PM

Why this sudden change. Did all who wanted BTC for halving already sold them in past half year?

This. Everyone who doesnt really believe in Monero got out already when btc rose.
The remaining holders actually want Monero. (And most of us are probably well diversified between monero and btc and thus dont really need to sell one for the other).

Not necessarily true, and in fact, quite possibly the opposite.

Those who understand Monero's long-term potential would want to acquire Monero at cheap prices - a feat that would invariably involve temporarily jumping on a rising BTC train. I think that it's a bastion of human nature that people want good stuff as cheaply as possible... and Monero is clearly good stuff.

All that remains is the strategy employed. For some, there are no moral or legal boundaries. For others, it's a case of careful study of the trading variables and acting accordingly.

Believing in Monero, however, comes easily. It's the belief in where the charts will go tis the biggest headache.

Monerobuyer0

full member

Activity: 126

Merit: 100

Quote from: Febo on June 15, 2016, 12:51:30 PM

Why this sudden change. Did all who wanted BTC for halving already sold them in past half year?

This. Everyone who doesnt really believe in Monero got out already when btc rose.
The remaining holders actually want Monero. (And most of us are probably well diversified between monero and btc and thus dont really need to sell one for the other).

novag

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Activity: 687

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novag

I think wiil be - Monero >= LTC!

Febo

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I dont understand that compared to last half year, last 2 weeks rare is selling Moneros. Why this sudden change. Did all who wanted BTC for halving already sold them in past half year? Or something is expecting?

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: americanpegasus on June 15, 2016, 02:50:20 AM

Quote from: dEBRUYNE on June 14, 2016, 07:24:23 PM

Quote from: Johnny Mnemonic on June 14, 2016, 07:06:14 PM

Quote from: phishead on June 14, 2016, 05:32:30 PM

- TLDR; talks about coinshuffle and coinshuffle++ being the best alternative rather than any mention of Monero.

Shocker.

I'm still waiting for the fud storm that XMR is mined entirely by malware.

It has started on r/monero:

https://www.reddit.com/r/Monero

Americanpegasus, please delete all other posts except the initial one. Makes no sense to have multiple threads for this.

Wilco- I am traveling so am not always in reach of the Internet. You have been one of the best voices of reason in recent months, and the question has been raised as to whether you should help mod on /r/Monero. Are you interested?

Job perks include being under constant scrutiny by the community and eventual accusations of censorship. Your reward is a sense of contributing to one of the most important projects on the planet, and in the history of civilization.

Only if it wouldn't require that much additional time. Also, thanks for the kind words.

americanpegasus

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Activity: 770

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Quote from: dEBRUYNE on June 14, 2016, 07:24:23 PM

Quote from: Johnny Mnemonic on June 14, 2016, 07:06:14 PM

Quote from: phishead on June 14, 2016, 05:32:30 PM

- TLDR; talks about coinshuffle and coinshuffle++ being the best alternative rather than any mention of Monero.

Shocker.

I'm still waiting for the fud storm that XMR is mined entirely by malware.

It has started on r/monero:

https://www.reddit.com/r/Monero

Americanpegasus, please delete all other posts except the initial one. Makes no sense to have multiple threads for this.

Wilco- I am traveling so am not always in reach of the Internet. You have been one of the best voices of reason in recent months, and the question has been raised as to whether you should help mod on /r/Monero. Are you interested?

Job perks include being under constant scrutiny by the community and eventual accusations of censorship. Your reward is a sense of contributing to one of the most important projects on the planet, and in the history of civilization.

slapper

legendary

Activity: 1946

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Leading Crypto Sports Betting & Casino Platform

Most likely the operation primer-'s peddles around in the XMR threads, so there Undecided

phishead

hero member

Activity: 1874

Merit: 840

Keep what's important, and know who's your friend

Quote from: dEBRUYNE on June 14, 2016, 07:24:23 PM

Quote from: Johnny Mnemonic on June 14, 2016, 07:06:14 PM

...

I'm still waiting for the fud storm that XMR is mined entirely by malware.

It has started on r/monero:

https://www.reddit.com/r/Monero

Americanpegasus, please delete all other posts except the initial one. Makes no sense to have multiple threads for this.

I'm still dumbfounded by how many people (or one person) needs to create a new reddit username that relates to each monero story. I'm sure there is someone out there sitting on double digit amount of random quirky monero names that relate to some odd topic.

... I'm calling you out /u/darkflarb. Roll Eyes

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: Johnny Mnemonic on June 14, 2016, 07:06:14 PM

Quote from: phishead on June 14, 2016, 05:32:30 PM

- TLDR; talks about coinshuffle and coinshuffle++ being the best alternative rather than any mention of Monero.

Shocker.

I'm still waiting for the fud storm that XMR is mined entirely by malware.

It has started on r/monero:

https://www.reddit.com/r/Monero

Americanpegasus, please delete all other posts except the initial one. Makes no sense to have multiple threads for this.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Johnny Mnemonic on June 14, 2016, 07:06:14 PM

Quote from: phishead on June 14, 2016, 05:32:30 PM

- TLDR; talks about coinshuffle and coinshuffle++ being the best alternative rather than any mention of Monero.

Shocker.

I'm still waiting for the fud storm that XMR is mined entirely by malware.

Just recheck this thread every 50 pages or so and you'll see that as you well know! Tongue

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?

Johnny Mnemonic

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Quote from: phishead on June 14, 2016, 05:32:30 PM

- TLDR; talks about coinshuffle and coinshuffle++ being the best alternative rather than any mention of Monero.

Shocker.

I'm still waiting for the fud storm that XMR is mined entirely by malware.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: phishead on June 14, 2016, 05:32:30 PM

https://bitcoinmagazine.com/articles/shuffling-coins-to-protect-privacy-and-fungibility-a-new-take-on-traditional-mixing-1465934826

Shuffling Coins to Protect Privacy and Fungibility: A New Take on Traditional Mixing

- TLDR; talks about coinshuffle and coinshuffle++ being the best alternative rather than any mention of Monero.

Hah, I stopped reading at this!

Quote

Bitcoin right now is not really anonymous

Are their readers still under the impression they are anon. Funny they throw "really" in there to soften the blow. Lol

phishead

hero member

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Keep what's important, and know who's your friend

https://bitcoinmagazine.com/articles/shuffling-coins-to-protect-privacy-and-fungibility-a-new-take-on-traditional-mixing-1465934826

Shuffling Coins to Protect Privacy and Fungibility: A New Take on Traditional Mixing

- TLDR; talks about coinshuffle and coinshuffle++ being the best alternative rather than any mention of Monero.

Topic: [XMR] Monero Speculation - page 1276. (Read 3314316 times)