[XMR] Monero Speculation - page 1414.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: owm123 on March 25, 2016, 07:58:52 AM

Quote from: TrueCryptonaire on March 25, 2016, 07:13:33 AM

Quote from: smooth on March 23, 2016, 02:32:00 PM

Quote from: TrueCryptonaire on March 23, 2016, 02:27:58 PM

Quote from: Monerobuyer0 on March 23, 2016, 02:23:44 PM

Always remember that polo takes 15% of lending profits, so your real rate is 85% of the rate you specify.

I am unaware if Polo takes a chunk of profits?

It is in their terms of use.

As far as "default insurance", they do not promise to back up losses. Some have suggested they might do so to avoid bad publicity, but that is just speculation.

I found it (kinda hidden and that did not appear there when I initially started lending if I am not mistaken). The bad: I need to pay some of my profits. The good: Polo has no incentive to manipulate the rates down.

Here is the only music vid that has been made on XMR

https://www.youtube.com/watch?v=2ofpaF5pkE8

there is also this one:
https://www.youtube.com/watch?v=bV5TrmjEK8c

Definetely more of the music vids are welcome, they are great also for promoting... Any vids that can even partially go viral is an excellent matter of marketing for mass adoption.

Quicken

sr. member

Activity: 280

Merit: 250

Quote from: griffen1102 on March 25, 2016, 07:52:26 AM

Probably going to see some consolidation here, price right now is between fibs from last years pump and the original polo pump. I expect a lot of liquidity here.

Like over 3500 BTC daily volume on Polo? Too late.

owm123

sr. member

Activity: 392

Merit: 250

Quote from: TrueCryptonaire on March 25, 2016, 07:13:33 AM

Quote from: smooth on March 23, 2016, 02:32:00 PM

Quote from: TrueCryptonaire on March 23, 2016, 02:27:58 PM

Quote from: Monerobuyer0 on March 23, 2016, 02:23:44 PM

Always remember that polo takes 15% of lending profits, so your real rate is 85% of the rate you specify.

I am unaware if Polo takes a chunk of profits?

It is in their terms of use.

As far as "default insurance", they do not promise to back up losses. Some have suggested they might do so to avoid bad publicity, but that is just speculation.

I found it (kinda hidden and that did not appear there when I initially started lending if I am not mistaken). The bad: I need to pay some of my profits. The good: Polo has no incentive to manipulate the rates down.

Here is the only music vid that has been made on XMR

https://www.youtube.com/watch?v=2ofpaF5pkE8

there is also this one:
https://www.youtube.com/watch?v=bV5TrmjEK8c

griffen1102

full member

Activity: 229

Merit: 100

Probably going to see some consolidation here, price right now is between fibs from last years pump and the original polo pump. I expect a lot of liquidity here.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: smooth on March 23, 2016, 02:32:00 PM

Quote from: TrueCryptonaire on March 23, 2016, 02:27:58 PM

Quote from: Monerobuyer0 on March 23, 2016, 02:23:44 PM

Always remember that polo takes 15% of lending profits, so your real rate is 85% of the rate you specify.

I am unaware if Polo takes a chunk of profits?

It is in their terms of use.

As far as "default insurance", they do not promise to back up losses. Some have suggested they might do so to avoid bad publicity, but that is just speculation.

I found it (kinda hidden and that did not appear there when I initially started lending if I am not mistaken). The bad: I need to pay some of my profits. The good: Polo has no incentive to manipulate the rates down.

Here is the only music vid that has been made on XMR

https://www.youtube.com/watch?v=2ofpaF5pkE8

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: aminorex on March 25, 2016, 06:28:14 AM

Quote from: TrueCryptonaire on March 25, 2016, 01:07:38 AM

So is it possible to use XMR in a manner that person A promises to pay to person B x amount, and as a proof of funds person A sends coins to the network but in a manner that person B sees it as peding deposit (and person A has pending/reserved withdrawal). Once person B has delivered his duty towards person A, person A redeems the payment?

Yes. Hint: viewkey.

Actually yes, did not think this from that perspective. I was too fixed with thinking viewkey being only for the regulators to show your honesty in your business.
Thank you for the hint.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

Quote from: Its About Sharing on March 25, 2016, 05:51:25 AM

Quote from: elrippo on March 25, 2016, 05:39:27 AM

Quote from: Its About Sharing on March 25, 2016, 05:26:02 AM

Quote from: Qastessa on March 25, 2016, 04:08:51 AM

The price is around 0.004 bitcoin now. I suspect the price could rise to 0.006 in the next few months or even weeks.

That is certainly possible and I think the .01 level is reachable as well, especially once the GUI is out.

That said, I think the days of pricing alts and Cryptos in BTC is going to come to an end. We should start looking at things in terms of USD or local currencies
and for many reasons.

BTC is in an explosive triangle right now, near the end of it. If it breaks up, perhaps the alts follow.
I think Monero has a valuation this year of between $3 and $5, perhaps more, but there are so many factors involved.

.... unfortunately i can not agree with this argument....
Take a look at the BTC industry with for example miners built by some cooperations, investing certain ammounts to prosper from the system (<- the believe). Take a look at exchanges rating BTC as their anchor currency. Nearly every market, wether dark or not, is based on BTC.
We can discuss about BTC or BTCclassic, but BTC as a business will not die.
I believe altcoins like Monero will catch up their position and will compete, maybe overtake BTC by 2020, but BTC has a very strong stake and argument in the community and society.
And honestly, trading is based on the believe of worth for virtualities which by them selfs have absolutely no worth. So this implicates, if people believe in the worth of something, than this something will gain worth and vice versa.

If you want to destroy the worth of a virtual something, than you have to destroy the believe in it (like massmedia does the whole time on BTC)

Quite simply, if BTC does explode up, I just don't see the alts following (unless their is utility or feverish speculation, which is possible once the public catch on.)
If BTC suddenly goes to 1200 USD, does that mean XMR, ETH, etc. all go up app 3X in value as well?

Time will tell.

To analyze this there need to consider a few factors such as what percentage of coins are in weak and shaky hands who sell in need of money to pay rent and utilities.
The other factor to consider is the emission which will be instadumped. If this is high the chance of increasing the market cap obviously is low.
I think a big part of the demand of BTC is derived from alt markets. Many are buying bitcoin simply to buy altcoins nothing else.
In general, investing in projects that are small in the beginning and the fundamentals (including sufficient funding being it with generous donations or some kind of IPO/ICO with a credible method of payment to the developers).

There would be many other alts that had been succeed if they had some kind of funding system that pays to the developers after something has been delivered, not before.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: TrueCryptonaire on March 25, 2016, 01:07:38 AM

So is it possible to use XMR in a manner that person A promises to pay to person B x amount, and as a proof of funds person A sends coins to the network but in a manner that person B sees it as peding deposit (and person A has pending/reserved withdrawal). Once person B has delivered his duty towards person A, person A redeems the payment?

Yes. Hint: viewkey.

elrippo

legendary

Activity: 1008

Merit: 1001

Quote from: Its About Sharing on March 25, 2016, 05:51:25 AM

Quote from: elrippo on March 25, 2016, 05:39:27 AM

Quote from: Its About Sharing on March 25, 2016, 05:26:02 AM

Quote from: Qastessa on March 25, 2016, 04:08:51 AM

The price is around 0.004 bitcoin now. I suspect the price could rise to 0.006 in the next few months or even weeks.

That is certainly possible and I think the .01 level is reachable as well, especially once the GUI is out.

That said, I think the days of pricing alts and Cryptos in BTC is going to come to an end. We should start looking at things in terms of USD or local currencies
and for many reasons.

BTC is in an explosive triangle right now, near the end of it. If it breaks up, perhaps the alts follow.
I think Monero has a valuation this year of between $3 and $5, perhaps more, but there are so many factors involved.

.... unfortunately i can not agree with this argument....
Take a look at the BTC industry with for example miners built by some cooperations, investing certain ammounts to prosper from the system (<- the believe). Take a look at exchanges rating BTC as their anchor currency. Nearly every market, wether dark or not, is based on BTC.
We can discuss about BTC or BTCclassic, but BTC as a business will not die.
I believe altcoins like Monero will catch up their position and will compete, maybe overtake BTC by 2020, but BTC has a very strong stake and argument in the community and society.
And honestly, trading is based on the believe of worth for virtualities which by them selfs have absolutely no worth. So this implicates, if people believe in the worth of something, than this something will gain worth and vice versa.

If you want to destroy the worth of a virtual something, than you have to destroy the believe in it (like massmedia does the whole time on BTC)

Quite simply, if BTC does explode up, I just don't see the alts following (unless their is utility or feverish speculation, which is possible once the public catch on.)
If BTC suddenly goes to 1200 USD, does that mean XMR, ETH, etc. all go up app 3X in value as well?

Time will tell.

Well again, i would not generalize this. Some altcoins will surely get in serious trouble, because they have the same technology and are bound very strong to BTC
I studied a job driven by handcraftship, so if for example my bicycle breaks up i am able to fix it. People who have not the ability to fix nonvirtual technical instruments will get in trouble.
I believe diversiffcation is a prosper way to care about a system, like controlsystems of airplanes are reduntant, and this gives Monero in particiular a huge change, because the tech behind it is nearly completely different to BTC and their derivates.
The stronger the bound is, the more it will behave like BTC (litecoin for example) and vice versa.

I believe that MOnerO Not will be affected by BTC as strong as other alts will be Roll Eyes

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: Its About Sharing on March 25, 2016, 05:51:25 AM

Quote from: elrippo on March 25, 2016, 05:39:27 AM

Quote from: Its About Sharing on March 25, 2016, 05:26:02 AM

Quote from: Qastessa on March 25, 2016, 04:08:51 AM

The price is around 0.004 bitcoin now. I suspect the price could rise to 0.006 in the next few months or even weeks.

That is certainly possible and I think the .01 level is reachable as well, especially once the GUI is out.

That said, I think the days of pricing alts and Cryptos in BTC is going to come to an end. We should start looking at things in terms of USD or local currencies
and for many reasons.

BTC is in an explosive triangle right now, near the end of it. If it breaks up, perhaps the alts follow.
I think Monero has a valuation this year of between $3 and $5, perhaps more, but there are so many factors involved.

.... unfortunately i can not agree with this argument....
Take a look at the BTC industry with for example miners built by some cooperations, investing certain ammounts to prosper from the system (<- the believe). Take a look at exchanges rating BTC as their anchor currency. Nearly every market, wether dark or not, is based on BTC.
We can discuss about BTC or BTCclassic, but BTC as a business will not die.
I believe altcoins like Monero will catch up their position and will compete, maybe overtake BTC by 2020, but BTC has a very strong stake and argument in the community and society.
And honestly, trading is based on the believe of worth for virtualities which by them selfs have absolutely no worth. So this implicates, if people believe in the worth of something, than this something will gain worth and vice versa.

If you want to destroy the worth of a virtual something, than you have to destroy the believe in it (like massmedia does the whole time on BTC)

Quite simply, if BTC does explode up, I just don't see the alts following (unless their is utility or feverish speculation, which is possible once the public catch on.)
If BTC suddenly goes to 1200 USD, does that mean XMR, ETH, etc. all go up app 3X in value as well?

Time will tell.

The only real comparison I can think of is this:

http://www.cryptocoincharts.info/pair/ltc/btc/btc-e/alltime

Recall November 2013 LTC reaction. I think it is a case of a rising tide, and all that. Correlation may not be fixed, but in general, I expect all to rise, perhaps with some distortion in time or degree.

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: saddambitcoin on March 24, 2016, 08:09:51 PM

About 2 years ago I didn't know much, but I was interested in Monero so I forced myself to learn how to use the command line wallet. It was fun to learn how things worked on a deeper level so I started learning how to code when I had the time.

Fast-forward to now and I will be starting a new job as a developer next Monday. I still have a lot to learn, but now someone will actually be paying me to write code for them. HAHA! Thanks Monero!

I post this to say that anyone can learn how to do this if you have the interest and make time for it.

Congrats! Nice personal achievement

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: elrippo on March 25, 2016, 05:39:27 AM

Quote from: Its About Sharing on March 25, 2016, 05:26:02 AM

Quote from: Qastessa on March 25, 2016, 04:08:51 AM

The price is around 0.004 bitcoin now. I suspect the price could rise to 0.006 in the next few months or even weeks.

That is certainly possible and I think the .01 level is reachable as well, especially once the GUI is out.

That said, I think the days of pricing alts and Cryptos in BTC is going to come to an end. We should start looking at things in terms of USD or local currencies
and for many reasons.

BTC is in an explosive triangle right now, near the end of it. If it breaks up, perhaps the alts follow.
I think Monero has a valuation this year of between $3 and $5, perhaps more, but there are so many factors involved.

.... unfortunately i can not agree with this argument....
Take a look at the BTC industry with for example miners built by some cooperations, investing certain ammounts to prosper from the system (<- the believe). Take a look at exchanges rating BTC as their anchor currency. Nearly every market, wether dark or not, is based on BTC.
We can discuss about BTC or BTCclassic, but BTC as a business will not die.
I believe altcoins like Monero will catch up their position and will compete, maybe overtake BTC by 2020, but BTC has a very strong stake and argument in the community and society.
And honestly, trading is based on the believe of worth for virtualities which by them selfs have absolutely no worth. So this implicates, if people believe in the worth of something, than this something will gain worth and vice versa.

If you want to destroy the worth of a virtual something, than you have to destroy the believe in it (like massmedia does the whole time on BTC)

Quite simply, if BTC does explode up, I just don't see the alts following (unless their is utility or feverish speculation, which is possible once the public catch on.)
If BTC suddenly goes to 1200 USD, does that mean XMR, ETH, etc. all go up app 3X in value as well?

Time will tell.

elrippo

legendary

Activity: 1008

Merit: 1001

Quote from: Its About Sharing on March 25, 2016, 05:26:02 AM

Quote from: Qastessa on March 25, 2016, 04:08:51 AM

The price is around 0.004 bitcoin now. I suspect the price could rise to 0.006 in the next few months or even weeks.

That is certainly possible and I think the .01 level is reachable as well, especially once the GUI is out.

That said, I think the days of pricing alts and Cryptos in BTC is going to come to an end. We should start looking at things in terms of USD or local currencies
and for many reasons.

BTC is in an explosive triangle right now, near the end of it. If it breaks up, perhaps the alts follow.
I think Monero has a valuation this year of between $3 and $5, perhaps more, but there are so many factors involved.

.... unfortunately i can not agree with this argument....
Take a look at the BTC industry with for example miners built by some cooperations, investing certain ammounts to prosper from the system (<- the believe). Take a look at exchanges rating BTC as their anchor currency. Nearly every market, wether dark or not, is based on BTC.
We can discuss about BTC or BTCclassic, but BTC as a business will not die.
I believe altcoins like Monero will catch up their position and will compete, maybe overtake BTC by 2020, but BTC has a very strong stake and argument in the community and society.
And honestly, trading is based on the believe of worth for virtualities which by them selfs have absolutely no worth. So this implicates, if people believe in the worth of something, than this something will gain worth and vice versa.

If you want to destroy the worth of a virtual something, than you have to destroy the believe in it (like massmedia does the whole time on BTC)

elrippo

legendary

Activity: 1008

Merit: 1001

Quote from: explorer on March 25, 2016, 05:20:43 AM

Quote from: Master_dandosha on March 25, 2016, 04:58:43 AM

Quote from: elrippo on March 25, 2016, 04:12:46 AM

Quote from: Qastessa on March 25, 2016, 04:08:51 AM

The price is around 0.004 bitcoin now. I suspect the price could rise to 0.006 in the next few months or even weeks.

Well, 0,0049 should be possible at the end of the weekend, if i take a look at the buyside of the orderbook on polo Shocked

is it dangerous to buy XMR now i miss the 25 price
and is there any possibility for the prices to reach 50 in the coming weeks
thanks

Exact timing is difficult, but I would bet that now is better than 2 weeks from now. A little every day will average nicely. Use your way-back-machine and start Dec 31 2015 Grin

Good thank i bought in more in mid January Grin

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: Qastessa on March 25, 2016, 04:08:51 AM

The price is around 0.004 bitcoin now. I suspect the price could rise to 0.006 in the next few months or even weeks.

That is certainly possible and I think the .01 level is reachable as well, especially once the GUI is out.

That said, I think the days of pricing alts and Cryptos in BTC is going to come to an end. We should start looking at things in terms of USD or local currencies
and for many reasons.

BTC is in an explosive triangle right now, near the end of it. If it breaks up, perhaps the alts follow.
I think Monero has a valuation this year of between $3 and $5, perhaps more, but there are so many factors involved.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: Master_dandosha on March 25, 2016, 04:58:43 AM

Quote from: elrippo on March 25, 2016, 04:12:46 AM

Quote from: Qastessa on March 25, 2016, 04:08:51 AM

The price is around 0.004 bitcoin now. I suspect the price could rise to 0.006 in the next few months or even weeks.

Well, 0,0049 should be possible at the end of the weekend, if i take a look at the buyside of the orderbook on polo Shocked

is it dangerous to buy XMR now i miss the 25 price
and is there any possibility for the prices to reach 50 in the coming weeks
thanks

Exact timing is difficult, but I would bet that now is better than 2 weeks from now. A little every day will average nicely. Use your way-back-machine and start Dec 31 2015 Grin

elrippo

legendary

Activity: 1008

Merit: 1001

Quote from: Master_dandosha on March 25, 2016, 04:58:43 AM

Quote from: elrippo on March 25, 2016, 04:12:46 AM

Quote from: Qastessa on March 25, 2016, 04:08:51 AM

The price is around 0.004 bitcoin now. I suspect the price could rise to 0.006 in the next few months or even weeks.

Well, 0,0049 should be possible at the end of the weekend, if i take a look at the buyside of the orderbook on polo Shocked

is it dangerous to buy XMR now i miss the 25 price
and is there any possibility for the prices to reach 50 in the coming weeks
thanks

Take a look at the orderbooks and think it out Grin

(I would buy but that's none of my business Roll Eyes

)

Master_dandosha

hero member

Activity: 714

Merit: 500

IF YOU Enjoy Trade with ME ..PUT Feedback Please

Quote from: elrippo on March 25, 2016, 04:12:46 AM

Quote from: Qastessa on March 25, 2016, 04:08:51 AM

The price is around 0.004 bitcoin now. I suspect the price could rise to 0.006 in the next few months or even weeks.

Well, 0,0049 should be possible at the end of the weekend, if i take a look at the buyside of the orderbook on polo Shocked

is it dangerous to buy XMR now i miss the 25 price
and is there any possibility for the prices to reach 50 in the coming weeks
thanks

meme magic

member

Activity: 115

Merit: 10

Quote from: elrippo on March 25, 2016, 04:12:46 AM

Quote from: Qastessa on March 25, 2016, 04:08:51 AM

The price is around 0.004 bitcoin now. I suspect the price could rise to 0.006 in the next few months or even weeks.

Well, 0,0049 should be possible at the end of the weekend, if i take a look at the buyside of the orderbook on polo Shocked

not bad. 3% of the marketcap visibly chasing 4% of the emission so far.

elrippo

legendary

Activity: 1008

Merit: 1001

Quote from: Qastessa on March 25, 2016, 04:08:51 AM

The price is around 0.004 bitcoin now. I suspect the price could rise to 0.006 in the next few months or even weeks.

Well, 0,0049 should be possible at the end of the weekend, if i take a look at the buyside of the orderbook on polo Shocked

Topic: [XMR] Monero Speculation - page 1414. (Read 3314669 times)