Author

Topic: [XMR] Monero Speculation - page 1329. (Read 3313786 times)

legendary
Activity: 1176
Merit: 1000
April 19, 2016, 10:35:54 AM
[...] neutral to bulliesque sentiment. I can see it toping at around 27k to test back 20k after for a very short span

So far so good. Not so sure now if 27k is the top or we can enter 28-30k territory. Whatever a retest to 23k or lower seems quite plausible before resume the minirally

This market is so small it is really tempting to play myself but I know how that will end. On poloniex the leverage offered is 2.5:1? So just owning 20000 coins lets you double the bid side of the order book down to 0.0020 and also market buy another 25k coins into the ask side to keep up the pressure. The converse is true if you want the price to fall instead.

If I can conceivably move this market with my paltry holdings then imagine how easily manipulated it could be for someone with several hundred btc in XMR or simply sat on exchange.

One big green candle into 0.003 area and suddenly the chart looks like still in uptrend. One big red candle down and suddenly the world is ending.

Place your bets!


sr. member
Activity: 280
Merit: 250
April 19, 2016, 06:11:52 AM
ASIC-resistant pure-PoW coin with many independent miners, fair launched, healthy distribution (objectively shown by high available liquidity), vibrant and inclusive open source project that demonstrably attracts developers, integrated into a privacy-centric development effort including the privacy-enhanced cryptocurrency and I2P router development, deployed and proven dynamic block size scalability, 2-year project and code maturity, well-defined governance, strong experienced core team with diverse skills, proven forum funding system (crowdfunding).

Very nice summary. The Monero difference.

The current consolidation phase seems quite healthy to me. It will be good for Monero long term if we can finally say a permanent farewell to the sub 200k price dips. Having said that, I should have some more funds to divert into crypto in the next couple of months. Sub 200k would be a big buy signal as usual.
legendary
Activity: 981
Merit: 1005
No maps for these territories
April 19, 2016, 05:47:23 AM
[...] neutral to bulliesque sentiment. I can see it toping at around 27k to test back 20k after for a very short span

So far so good. Not so sure now if 27k is the top or we can enter 28-30k territory. Whatever a retest to 23k or lower seems quite plausible before resume the minirally
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
April 19, 2016, 05:45:41 AM
...

So I was thinking there may be more users like me (I struggled hard but had great help from the community), who would like to support the Monero network but are not that much experienced configuring a Linux server. Therefore I would like to check if there is any interest in extending a fully hosted Monero node:

Can you sign the account for the node over?

Yes, the only thing that would need to be changed is the email address.

OK, I'll take it off your hands and keep it up. Do they accept paypal?

Yes they accept paypal as well. Send you a PM with some instructions and logon details. Nice!

I don't understand why you don't just continue to pay for it. Asking for a $4 donation every month is a ridiculous waste of your time.  Seems to me you want to sell multiple hosted nodes for $4 each to many different people  Huh

Or simply ask for someone to take it over permanently, not just a monthly donation which is the way you worded it.

Maybe English is not your native language?

So now you are wasting your time by telling me I am wasting my time? Guess that makes your time even less valuable than mine.
I am just trying to make a positive contribution to Monero and the community on the level I can. I recommend you to do the same.
legendary
Activity: 2968
Merit: 1198
April 19, 2016, 04:35:33 AM
in the long run, moneros inflation is irrelevant tho... what matter is when all top 10 coin has anonymity implemented, how would xmr will stay relevant Huh

ASIC-resistant pure-PoW coin with many independent miners, fair launched, healthy distribution (objectively shown by high available liquidity), vibrant and inclusive open source project that demonstrably attracts developers, integrated into a privacy-centric development effort including the privacy-enhanced cryptocurrency and I2P router development, deployed and proven dynamic block size scalability, 2-year maturity.

I just looked at the top 10 coins. None have a very strong subset of these qualities. There is no risk to Monero's differentiation in the foreseeable future.

Quote
honestly i want to hear more good news from xmr community regarding their wallet, as i too once xmr holder and convert all of them when i realize xmr dev seem ignoring investors call for improvement.

I guess you are not aware of the active project underway, funded by the community, to complete development of a brand new GUI wallet. If you were I doubt you would characterize that as 'call for improvement' being ignored.

in other POV, ASIC-resistant pure-PoW CPU mineable coin are botnet paradise

Maybe it is, I don't run botnets so I don't know. I do know I personally have miners running that are slightly profitable after paying for electricity and that add to the strength and decentralization of the network. I'm hardly the only one either. Botnets probably exist, large mining farms probably exist, but they don't shut anyone out.

Quote
oh great news,  ill wait for good news from Monero wallet development then.

You can wait for a release or follow along in real time on github and the project thread at forum.getmonero.org
legendary
Activity: 1456
Merit: 1000
April 19, 2016, 04:32:07 AM
in the long run, moneros inflation is irrelevant tho... what matter is when all top 10 coin has anonymity implemented, how would xmr will stay relevant Huh

ASIC-resistant pure-PoW coin with many independent miners, fair launched, healthy distribution (objectively shown by high available liquidity), vibrant and inclusive open source project that demonstrably attracts developers, integrated into a privacy-centric development effort including the privacy-enhanced cryptocurrency and I2P router development, deployed and proven dynamic block size scalability, 2-year maturity.

I just looked at the top 10 coins. None have a very strong subset of these qualities. There is no risk to Monero's differentiation in the foreseeable future.

Quote
honestly i want to hear more good news from xmr community regarding their wallet, as i too once xmr holder and convert all of them when i realize xmr dev seem ignoring investors call for improvement.

I guess you are not aware of the active project underway, funded by the community, to complete development of a brand new GUI wallet. If you were I doubt you would characterize that as 'call for improvement' being ignored.

in other POV, ASIC-resistant pure-PoW CPU mineable coin are botnet paradise

oh great news,  ill wait for good news from Monero wallet development then.
legendary
Activity: 2968
Merit: 1198
April 19, 2016, 04:14:47 AM
in the long run, moneros inflation is irrelevant tho... what matter is when all top 10 coin has anonymity implemented, how would xmr will stay relevant Huh

ASIC-resistant pure-PoW coin with many independent miners, fair launched, healthy distribution (objectively shown by high available liquidity), vibrant and inclusive open source project that demonstrably attracts developers, integrated into a privacy-centric development effort including the privacy-enhanced cryptocurrency and I2P router development, deployed and proven dynamic block size scalability, 2-year project and code maturity, well-defined governance, strong experienced core team with diverse skills, proven forum funding system (crowdfunding).

I just looked at the top 10 coins. None have a very strong subset of these qualities. There is no risk to Monero's differentiation in the foreseeable future.

Quote
honestly i want to hear more good news from xmr community regarding their wallet, as i too once xmr holder and convert all of them when i realize xmr dev seem ignoring investors call for improvement.

I guess you are not aware of the active project underway, funded by the community, to complete development of a brand new GUI wallet. If you were I doubt you would characterize that as 'call for improvement' being ignored.
legendary
Activity: 1456
Merit: 1000
April 19, 2016, 04:07:26 AM
in short, Xmr really really need to improve, old hype of gimmick anonimity alone will soon fade away. because only few people need superior anonimity, those are Terorist, drug dealer, tax evader, and kid molester and other horrible stuff while ordinary humble religious law abiding citizen only need to able to use their money easily without the hassle of Command line wallet Tongue . yo will need to pimp your wallet that user can use it intuitively.

Gee, where have I heard this before? Oh right:

Quote from: Cyphernomicon 8.3.4
"How will privacy and anonymity be attacked?"
  ...
like so many other "computer hacker" items, as a tool for the "Four Horsemen": drug-dealers, money-launderers, terrorists, and pedophiles.

or maybe it was here:

The use of encryption by ‘evil’ groups, such as child pornographer, terrorists, abortionists, abortion protestors, etc., is cited by those who wish to limit civilian access to crypto tools. We call these the ‘Four Horsemen of the Infocalypse,’ as they are so often cited as the reason why ordinary citizen–units of the nation–state are not to have access to crypto [graphy].

You're posturing as an ignorant Monero critic, but I think it's clear what your true intentions are.


uh... u were missing the point, the point is that no one care to use Monero if there is no improvement aside from anonimity. so what if Monero has the ultimate best anonimity Huh anonimity benefit scammer more than it benefit regular joe.

Other coin dev has lately try hard coding to improve and implementing feature in their coin instead of trolling days and nights. for example :
Dash even if it has just above average anonimity, it has other feature that benefit everyone such as instant transaction. or Ethereum, when it finally uses anonimity feature similiar to Xmr, it will have so many gimmick feature that will dwarf your coin value.

anyway its your money, your investment, whether you want to invest in coin which has no other user except scammer/ hacker/ terrorist/ tax evader etc due to lack of intuitive user interface, or would you invest in coin which has dozen of feature that more likely to  thrive due to mass adoption.

 

I like how your examples are a coin that can't deliver on its promises and a coin that has yet to show it can deliver on its promises. My guess is your "research" is promises + marketcap = good coin.


im happy that you like it  Grin

well so far bitcoin has the biggest marketcap and it also has the biggest promise, y u no liek bitcoin Huh
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
April 19, 2016, 03:54:40 AM
in short, Xmr really really need to improve, old hype of gimmick anonimity alone will soon fade away. because only few people need superior anonimity, those are Terorist, drug dealer, tax evader, and kid molester and other horrible stuff while ordinary humble religious law abiding citizen only need to able to use their money easily without the hassle of Command line wallet Tongue . yo will need to pimp your wallet that user can use it intuitively.

Gee, where have I heard this before? Oh right:

Quote from: Cyphernomicon 8.3.4
"How will privacy and anonymity be attacked?"
  ...
like so many other "computer hacker" items, as a tool for the "Four Horsemen": drug-dealers, money-launderers, terrorists, and pedophiles.

or maybe it was here:

The use of encryption by ‘evil’ groups, such as child pornographer, terrorists, abortionists, abortion protestors, etc., is cited by those who wish to limit civilian access to crypto tools. We call these the ‘Four Horsemen of the Infocalypse,’ as they are so often cited as the reason why ordinary citizen–units of the nation–state are not to have access to crypto [graphy].

You're posturing as an ignorant Monero critic, but I think it's clear what your true intentions are.


uh... u were missing the point, the point is that no one care to use Monero if there is no improvement aside from anonimity. so what if Monero has the ultimate best anonimity Huh anonimity benefit scammer more than it benefit regular joe.

Other coin dev has lately try hard coding to improve and implementing feature in their coin instead of trolling days and nights. for example :
Dash even if it has just above average anonimity, it has other feature that benefit everyone such as instant transaction. or Ethereum, when it finally uses anonimity feature similiar to Xmr, it will have so many gimmick feature that will dwarf your coin value.

anyway its your money, your investment, whether you want to invest in coin which has no other user except scammer/ hacker/ terrorist/ tax evader etc due to lack of intuitive user interface, or would you invest in coin which has dozen of feature that more likely to  thrive due to mass adoption.

 

I like how your examples are a coin that can't deliver on its promises and a coin that has yet to show it can deliver on its promises. My guess is your "research" is promises + marketcap = good coin.
legendary
Activity: 1456
Merit: 1000
April 19, 2016, 03:46:16 AM
in short, Xmr really really need to improve, old hype of gimmick anonimity alone will soon fade away. because only few people need superior anonimity, those are Terorist, drug dealer, tax evader, and kid molester and other horrible stuff while ordinary humble religious law abiding citizen only need to able to use their money easily without the hassle of Command line wallet Tongue . yo will need to pimp your wallet that user can use it intuitively.

Gee, where have I heard this before? Oh right:

Quote from: Cyphernomicon 8.3.4
"How will privacy and anonymity be attacked?"
  ...
like so many other "computer hacker" items, as a tool for the "Four Horsemen": drug-dealers, money-launderers, terrorists, and pedophiles.

or maybe it was here:

The use of encryption by ‘evil’ groups, such as child pornographer, terrorists, abortionists, abortion protestors, etc., is cited by those who wish to limit civilian access to crypto tools. We call these the ‘Four Horsemen of the Infocalypse,’ as they are so often cited as the reason why ordinary citizen–units of the nation–state are not to have access to crypto [graphy].

You're posturing as an ignorant Monero critic, but I think it's clear what your true intentions are.


uh... u were missing the point, the point is that no one care to use Monero if there is no improvement aside from anonimity. so what if Monero has the ultimate best anonimity Huh anonimity benefit scammer more than it benefit regular joe.

Other coin dev has lately try hard coding to improve and implementing feature in their coin instead of trolling days and nights. for example :
Dash even if it has just above average anonimity, it has other feature that benefit everyone such as instant transaction. or Ethereum, when it finally uses anonimity feature similiar to Xmr, it will have so many gimmick feature that will dwarf your coin value.

anyway its your money, your investment, whether you want to invest in coin which has no other user except scammer/ hacker/ terrorist/ tax evader etc due to lack of intuitive user interface, or would you invest in coin which has dozen of feature that more likely to  thrive due to mass adoption.

 
hero member
Activity: 795
Merit: 514
April 19, 2016, 03:00:48 AM
in short, Xmr really really need to improve, old hype of gimmick anonimity alone will soon fade away. because only few people need superior anonimity, those are Terorist, drug dealer, tax evader, and kid molester and other horrible stuff while ordinary humble religious law abiding citizen only need to able to use their money easily without the hassle of Command line wallet Tongue . yo will need to pimp your wallet that user can use it intuitively.

Gee, where have I heard this before? Oh right:

Quote from: Cyphernomicon 8.3.4
"How will privacy and anonymity be attacked?"
  ...
like so many other "computer hacker" items, as a tool for the "Four Horsemen": drug-dealers, money-launderers, terrorists, and pedophiles.

or maybe it was here:

The use of encryption by ‘evil’ groups, such as child pornographer, terrorists, abortionists, abortion protestors, etc., is cited by those who wish to limit civilian access to crypto tools. We call these the ‘Four Horsemen of the Infocalypse,’ as they are so often cited as the reason why ordinary citizen–units of the nation–state are not to have access to crypto [graphy].

You're posturing as an ignorant Monero critic, but I think it's clear what your true intentions are.
sr. member
Activity: 420
Merit: 262
April 19, 2016, 12:09:57 AM
I agree there is nothing wrong with the sponsored node program they guy is running (for example, I've seen no evidence of getting multiple people to pay for the same node as was suggested), but let's get the discussion of it out of the speculation thread. Thanks.

There is a forum for those offers. He could post a link here. I just thought it was quite odd that a guy who can setup and run mining hardware doesn't view $4 as pocket change. Any way, no big deal, just made me confused. I am of course not against someone helping others setup miners.

On other topic, if anyone would like to support my "shitcoin cleanout" efforts, I would appreciate some support on my points about the lack of disclosure on Synereo:

https://bitcointalksearch.org/topic/m.14589302

I think it is applicable here to the extent that competing shitcoins siphon capital away that might find its way to XMR.
legendary
Activity: 1456
Merit: 1000
April 18, 2016, 07:38:42 PM
...
in short, Xmr really really need to improve, old hype of gimmick anonimity alone will soon fade away. because only few people need superior anonimity, those are Terorist, drug dealer, tax evader, and kid molester and other horrible stuff while ordinary humble religious law abiding citizen only need to able to use their money easily without the hassle of Command line wallet Tongue . yo will need to pimp your wallet that user can use it intuitively....

Wrong as anyone that has had their accounts seized under false pretenses and lost them due to not having those said funds to fight to hold them will attest to. You have no clue do you?

And another example is criminal lawyers that get a judgement by default without notice and wait the required time (as little as one year) and then seize victims account and victim has no recourse as they were never notified they had a judgement against them. You really don't know how the world (US anyway) works do you?

On an aside, I've decided to short ETH with my XMR. What do you guys think would be a good time? And can you close the short at any time during the margin period? I think its going to be a long down trend for Eth now albeit a very long timeline do to the Cap.

surely i was comparing other cryptocurrency against Xmr, there is no such thing as account seizure





Please stop. Your posts are painfully ignorant.


which part of my post were ignorant Huh
that other cryptocurrency are easier to use than monero ?
that monero need major overhaul to stay relevant ?
legendary
Activity: 2968
Merit: 1198
April 18, 2016, 07:28:51 PM
I agree there is nothing wrong with the sponsored node program they guy is running (for example, I've seen no evidence of getting multiple people to pay for the same node as was suggested), but let's get the discussion of it out of the speculation thread. Thanks.
hero member
Activity: 644
Merit: 500
April 18, 2016, 06:58:23 PM
The below Monero node is about to expire Sad.
Last month luigi1111 extended the node. Anyone interested to support the Monero network and do the same for next month?

I am entirely confused. Why would anyone waste the time to post that to ask for a $4 donation?

Why not just pay the $4 yourself. That isn't even lunch money.

Did you actually read what I wrote? If you think it is about the money you are missing the point.

Support the Monero network by hiring a pre-installed full node for the equivalent of 4$

Recently I switched provider (more expensive, higher specs for simultaneously running a Bitcoin node) and I was wondering what to do with my current Monero node. It hurts a bit to just let it go, especially because it just runs great and is cheap. It is hosted at MikroVPS.eu for 4$ per month and they accept bitcoin (and so Monero through XMR.to).

So I was thinking there may be more users like me (I struggled hard but had great help from the community), who would like to support the Monero network but are not that much experienced configuring a Linux server. Therefore I would like to check if there is any interest in extending a fully hosted Monero node:

I don't understand why you don't just continue to pay for it. Asking for a $4 donation every month is a ridiculous waste of your time.  Seems to me you want to sell multiple hosted nodes for $4 each to many different people  Huh

Or simply ask for someone to take it over permanently, not just a monthly donation which is the way you worded it.

Maybe English is not your native language?

Some people earn 4$ a day just because its just lunch money for you doesnt mean its someone else also


Im pretty sure there are plenty of monero ¨believers¨ here that just have 100 xmr which in 10 years could be 1k each or much more


If u have 10x or maybe 100x more of that xmr amount im pretty sure u will have sold it all before even reaching 100$


In other words im pretty sure u dont understand why this guy can or cannot pay that 4$ or is just trying to contribute to xmr


sorry my english is bad i know but im sure u understand my point

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
April 18, 2016, 03:49:53 PM
...

Well over the last period it has actually been ramping up to that 0.5 level again, so that means converging.

Yes but every time it got there as it is now it diverged. Do you have a link to that chart?

Fair point, but that won't say anything about the future really :-P No I merely made a picture of it, perhaps I could upload the numbers/calculations later.

Nice, I edited and added a 50 ETH trade I put in.  ^^^^  We'll see what happens.
legendary
Activity: 2268
Merit: 1141
April 18, 2016, 03:48:34 PM
...

Well over the last period it has actually been ramping up to that 0.5 level again, so that means converging.

Yes but every time it got there as it is now it diverged. Do you have a link to that chart?

Fair point, but that won't say anything about the future really :-P No I merely made a picture of it, perhaps I could upload the numbers/calculations later.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
April 18, 2016, 03:42:12 PM
...

Well over the last period it has actually been ramping up to that 0.5 level again, so that means converging.

Yes but every time it got there as it is now it diverged. Do you have a link to that chart?


Here's a test I made. Lets see what happens. as I understand it I have 2 days correct?

Code:
Sell (Loans-available)	0.02104366	50.00000000	1.05218300	0.0050%	2016-04-18 20:46:13	Cancel
legendary
Activity: 2268
Merit: 1141
April 18, 2016, 03:40:58 PM
Figured some people might be interested in this:



Y-axis is correlation, X-axis is the days. That is, day 1 is the first day that both ETH and XMR were trading on Poloniex.

The chart uses a 30 day correlation rolling window.

Correlation for dummies -> http://www.investopedia.com/terms/c/correlation.asp

For what it's worth, the correlation over the whole trading history is ~0.15.

If I'm reading that right it's as I was thinking that they are about to diverge.

Well over the last period it has actually been ramping up to that 0.5 level again, so that means converging.
sr. member
Activity: 420
Merit: 262
April 18, 2016, 03:32:35 PM
The below Monero node is about to expire Sad.
Last month luigi1111 extended the node. Anyone interested to support the Monero network and do the same for next month?

I am entirely confused. Why would anyone waste the time to post that to ask for a $4 donation?

Why not just pay the $4 yourself. That isn't even lunch money.

Did you actually read what I wrote? If you think it is about the money you are missing the point.

Support the Monero network by hiring a pre-installed full node for the equivalent of 4$

Recently I switched provider (more expensive, higher specs for simultaneously running a Bitcoin node) and I was wondering what to do with my current Monero node. It hurts a bit to just let it go, especially because it just runs great and is cheap. It is hosted at MikroVPS.eu for 4$ per month and they accept bitcoin (and so Monero through XMR.to).

So I was thinking there may be more users like me (I struggled hard but had great help from the community), who would like to support the Monero network but are not that much experienced configuring a Linux server. Therefore I would like to check if there is any interest in extending a fully hosted Monero node:

I don't understand why you don't just continue to pay for it. Asking for a $4 donation every month is a ridiculous waste of your time.  Seems to me you want to sell multiple hosted nodes for $4 each to many different people  Huh

Or simply ask for someone to take it over permanently, not just a monthly donation which is the way you worded it.

Maybe English is not your native language?
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