Topic: [XMR] Monero Speculation - page 1335. (Read 3313670 times)

Short closing, most likely.  Look at available loans 

Accumulation has started? 

Holy green shoots! 50K market buy. 

Holy green shoots! 50K market buy. 

This is a non-issue as the PoW can be forked easily. 

That's a fair conclusion here

There are some potential future issues but it is hardly REKT, for now at least.

In terms of quantum-resistance we have bigger problems to worry about (and so does Zcash)

Didn't you say any topic title with a question mark means NO?

Reading thread now.

Z.cash's Equihash REKTED?

https://bitcointalksearch.org/topic/m.14563245

The thing with memory hardened vs computationally bound is, on a card like an r9 290, you could get something like 175w power use for something not memory hardened (keccak), while on a memory hardened algo that's also obviously using lots of computation (any scrypt type derivative), power use would be through the roof at something like 250w+.  GPUs seem very power inefficient in terms of dealing with memory configuration parlor tricks, so if they ever do get implemented in ASICs, the power consumption advantage is always enormous.

then perhaps orders-of-magnitude more electrically efficient, since the electric consumption will be primarily in the computation and not in the memory. And computation can be radically optimized on an ASIC.

As I predicted when I wrote in the Monero thread about this the other day, it appears the white paper didn't consider electricity as the most important factor. Duh.

Sooo, if anyone thinks that we are eventually going back under 0.002, and antimoneroists? are back posting in the tread, does that means that we are about to rally???


I am just waiting for Herp to come back and give the buy signal.

We can't always assume that history will repeat, but if we look at the previous two bubbles the same thing has happened. First altcoins suffer really bad while BTC rallies. Altcoins are reaching new lows and BTC new highs. Then once the BTC rally is getting out of control altcoins starts going up. So, if your argument against the price going lower because LTC went to $48 is going to be logically consistent you will need to expect a significant crash in XMR, perhaps in the lower 0.001x. THEN a pump to something like 0.05.

Bullish indicator: look at all the Monero trashing threads on page 1 of Altcoin Discussion.

I love it!

Probabilistic predictions are okay as long as you keep a comprehensive list of all of them. You can then test how many of the "80%" predictions are satisfied relative to the ideal 80%.

I've never quite understood what's in it for the market makers who provide liquidity. How profitable is it to provide liquidity? How risky is it? Does it entail spending time and energy staring at tickers and charts, or just running a bot? Can such bots be exploited by other market makers?

What is funny is a) you felt my neutral post was aimed at you and b) claiming I am attacking you. Read my post again and calm down. Way to prove a point though. Oh and for the record I think my average buy in for monero is probably well below where you sold yours as this coin has a really strange oscillating price which stung some early entrants..

On November 17th LTC was worth $4. At that time BTC had already had a significant rally up to around $460. $4/460 = 0.0087 BTC/LTC. Now that's a pretty low rate, in fact LTC didn't fall much further that year (I believe the bottom was in the 0.007x area).

All altcoins got slaughter until all of sudden, on 18th and forward they started pumping. I know who played a great part in the LTC pump of 2013 and you can read my observations here.

We can't always assume that history will repeat, but if we look at the previous two bubbles the same thing has happened. First altcoins suffer really bad while BTC rallies. Altcoins are reaching new lows and BTC new highs. Then once the BTC rally is getting out of control altcoins starts going up. So, if your argument against the price going lower because LTC went to $48 is going to be logically consistent you will need to expect a significant crash in XMR, perhaps in the lower 0.001x. THEN a pump to something like 0.05.

It's true, nobody really knows what will happen, but this is a speculation topic. I speculate that XMR will be dropping sub 0.002. The reasons why:
1. The violent crash we had breaking all support and taking most by surprise.
2. BTC rally
3. ETH is crashing and I think ETH dragged monero up with it. Now it's going to drag us down.

My theory fails if #2 or #3 changes. I believe I am allowed to voice my opinion regarding the price even if it's negative. Why do you not attack people who think the price is going to $1000 soon? If you're going to be logical consistent with your attacks, you should also attack those who currently hold monero and are talking their book, but in a bullish way.

I suspect that you are emotionally invested, probably in a loss, and attack me because I'm not bullish (short-term). If this topic is going to anything but a circlejerk, opinions from both sides of the table should be accepted.