[XMR] Monero Speculation - page 1477.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: lolikop on March 09, 2016, 06:41:01 PM

Quote from: dEBRUYNE on March 09, 2016, 05:50:25 PM

**Funding required! Improving Developer Guides to include Simplewallet examples and Bitmonerod methods and examples**

https://forum.getmonero.org/8/funding-required/2504/improving-developer-guides-to-include-simplewallet-examples-and-bitmonerod-methods-and-examples

Fund complete within an hour nice

What took so long? Angry

*kidding*

It's such a gratifyingly stark contrast between Monero's laissez-faire voluntary grassroots FFS and Dash's inflationary top-down zero-sum compulsory emission-funded budgets.

Our way generates enthusiasm when a project is proposed and as it's funded/completed. There is no limit to what we can do. Plus Monero is taken out of circulation until the recipient spends it, which supports the price.

Dash's way generates bickering as different projects fight over the available funds, and amplifies lingering community bitterness as support for formerly popular projects wanes (EG the overpriced soda machine and useless PR agency fiascoes). Not to mention new Dash are created as needed, using magic-wand/printing-press style fiat power, and dumped on the market ASAP (to cover fiat expenses).

boolberry

sr. member

Activity: 378

Merit: 250

Quote from: lolikop on March 09, 2016, 06:41:01 PM

Quote from: dEBRUYNE on March 09, 2016, 05:50:25 PM

**Funding required! Improving Developer Guides to include Simplewallet examples and Bitmonerod methods and examples**

https://forum.getmonero.org/8/funding-required/2504/improving-developer-guides-to-include-simplewallet-examples-and-bitmonerod-methods-and-examples

Fund complete within an hour nice

Funding system is working great! Thanks for proposing this.

nioc

legendary

Activity: 1624

Merit: 1008

Quote from: griffen1102 on March 09, 2016, 09:41:21 AM

Quote from: aminorex on March 09, 2016, 09:39:00 AM

Nioc: 15m.

Looks to me like equilibrium will be around room temperature Kelvin for a while, if the fireworks are over now.

My room temp is 298K, must be cold in your office Wink

Looks like aminorex was just a little ahead of us, what else is new Wink

Monero's current temperature is 298

while writing it be rising

lolikop

hero member

Activity: 644

Merit: 500

Quote from: dEBRUYNE on March 09, 2016, 05:50:25 PM

**Funding required! Improving Developer Guides to include Simplewallet examples and Bitmonerod methods and examples**

https://forum.getmonero.org/8/funding-required/2504/improving-developer-guides-to-include-simplewallet-examples-and-bitmonerod-methods-and-examples

Fund complete within an hour nice

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

**Funding required! Improving Developer Guides to include Simplewallet examples and Bitmonerod methods and examples**

https://forum.getmonero.org/8/funding-required/2504/improving-developer-guides-to-include-simplewallet-examples-and-bitmonerod-methods-and-examples

TheKoziTwo

legendary

Activity: 1552

Merit: 1047

Quote from: GreekBitcoin on March 09, 2016, 04:23:16 PM

My opinion on monero though is that it could have a cap of 1-10% that of bitcoin. Being the more "shady" bitcoin brother and more privacy oriented.

Yes exactly. A public currency (bitcoin) and a private currency (monero). They can both beautifully co-exists. The legislative pressure will be put on Monero rather than bitcoin, so with attention drawn to Monero, Bitcoin is left alone, but the nature of Monero makes it very hard to enforce. Nobody has to follow regulations with Monero because identity can not be unraveled. It won't help to legislate bitcoin when there's a shady brother unwilling to comply. It's a win win situation of which both coins benefit.

When I first discovered bitcoin I thought of the public blockchain as a disadvantage. And I still think it is not ideal. But over the years I've recognized the benefit of this as well. I expected the government to come down much harder on bitcoin, and I think if bitcoin came out fully anonymous like Monero in the beginning they might have. The public blockchain may have been a blessing in disguise, helping to bootstrap the cryptocurrency space, which now allows us to have the best of both worlds

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

There is clearly a market for a transparent blockchain in currency applications, which BTC fulfills as an incumbent.

There is clearly a market for an opaque blockchain in currency applications, for which XMR is the leading contender.

Whether there is a viable market for any given appcoin, I consider unclear. It may be a fruitful area of speculation. Frankly I think the best-proven exemplar to date is NMC. Call me old school.

Whether XMR will retain leadership in its niche long enough to be considered incumbent remains to be proven, and hence the current price. I consider the prospects very good.

Thus in some ways XMR is more comparable to BTC than any other crypto. In other ways it is very different. Certainly their best use cases are different.

I consider XMR to have more currency utility than BTC for well-known reasons. Thus I should expect that retaining leadership in its niche will result in comparable or superior future market cap.

Each step in this chain of reasoning is subject to criticism, some more or less valid, but it is a very reasonable and supportable inference.

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

Quote from: TheKoziTwo on March 09, 2016, 04:03:18 PM

I bought my first bitcoin in 2011 and didn't in my wildest dreams imagine that we would have come this far in only 5 years. It's been an enormous success. The number of vendors accepting it can't be counted. I use it everyday and love it.

But I guess it's dying now. That's what all the smart people are saying. Bitcoin is gonna be replaced by something better. It's different this time. Sure, Litecoin had faster blocks and more coins. Ripple was the future, everybody knew that. Why would we use bitcoin when we had Counterparty? Mastercoin? NXT? Heck even auroracoin had a marketcap 20% that of bitcoin at one point. Actually forget all that, now it's ETH that will kill bitcoin. This smart 19 yo wonderkid finally nailed it, now bitcoin is really dying for realz. Changing the entire infrastructure and vendors from bitcoin over to ETH will be done in exactly two weeks. That it happened so fast is pretty amazing. All that had to happen was for the price of ETH to go up and bitcoin died. From revolutionary to just another shitcoin in a couple of months.

I wonder if people will remember ETH and XMR when they have been replaced in 5 years? I doubt it.

Early bitcoiners, the time is NOW to hedge your position:
weuse.cash/2016/03/05/bitcoiners-hedge-your-position/

If you own 1000 BTC, what's the harm in risking 2.8 BTC to hedge with 1000 XMR?

phishead

hero member

Activity: 1874

Merit: 840

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

Quote from: owm123 on March 09, 2016, 04:48:19 PM

Quote from: phibay on March 09, 2016, 03:53:50 PM

You guys seeing the ETH pump these few days? It's crazy! I hope the people who bought Ethereum cashout their profits or else it's going to be a hard landing.

Exactly the same argument you can make about monero. Let me help you with this:

You guys seeing the Monero pump these few days? It's crazy! I hope the people who bought Monero cashout their profits or else it's going to be a hard landing.

So I dont see how ppl can claim that eth is pumped but monero is not in general. Both are pumped in my view, and both can go down quickly.

Exactly what I was thinking... When coins are going so cheap in comparison to Bitcoin, they can always be pumped... This doesn't exclude Monero, though in my optimism, I personally think people are starting to see the use and potential of Monero.

phishead

hero member

Activity: 1874

Merit: 840

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

Quote from: TheKoziTwo on March 09, 2016, 04:31:27 PM

I was satirical. My honest opinion is that bitcoin is not dying, that it won't be replaced, and if it did happen it would be a disaster for the cryptocurrency space. All coins would suffer tremendously if it takes that little for the next coin to come along and replace current. A lot of faith would be lost.

Monero is what I look at as a complementary currency.

Oh, well I can agree to some extent. I do agree that I don't think Bitcoin will be going anywhere anytime soon, but I also can see a world where XMR and BTC can be 1:1. It can definitely be the ying to Bitcoin's yang. Though, don't think if Bitcoin does die that there won't be any "trust" or "market" for another "mainstream" cryptocurrency. There will always be people attracted to cryptos for personal reasons, as well as speculators... So if Bitcoin goes down, I wouldn't think everything will be going down with it.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: dnaleor on March 09, 2016, 02:31:09 PM

If someone wants to have up to date USDXMR charts, you can now check bit.ly/xmrcharts !

Data: poloniex for XMRBTC and bitcoinaverage for BTCUSD

Thanks for sharing that!

owm123

sr. member

Activity: 392

Merit: 250

Quote from: phibay on March 09, 2016, 03:53:50 PM

You guys seeing the ETH pump these few days? It's crazy! I hope the people who bought Ethereum cashout their profits or else it's going to be a hard landing.

Exactly the same argument you can make about monero. Let me help you with this:

You guys seeing the Monero pump these few days? It's crazy! I hope the people who bought Monero cashout their profits or else it's going to be a hard landing.

So I dont see how ppl can claim that eth is pumped but monero is not in general. Both are pumped in my view, and both can go down quickly.

TheKoziTwo

legendary

Activity: 1552

Merit: 1047

I was satirical. My honest opinion is that bitcoin is not dying, that it won't be replaced, and if it did happen it would be a disaster for the cryptocurrency space. All coins would suffer tremendously if it takes that little for the next coin to come along and replace current. A lot of faith would be lost.

Monero is what I look at as a complementary currency.

GreekBitcoin

legendary

Activity: 1428

Merit: 1001

getmonero.org

Quote from: phishead on March 09, 2016, 04:24:40 PM

...

The first monero exchange was created by him. He has his own opinion. He responds to the opinions and too bullish speculation of others in this thread.

phishead

hero member

Activity: 1874

Merit: 840

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

Quote from: TheKoziTwo on March 09, 2016, 04:15:49 PM

Quote from: phishead on March 09, 2016, 04:11:50 PM

Quote from: TheKoziTwo on March 09, 2016, 04:03:18 PM

I bought my first bitcoin in 2011 and didn't in my wildest dreams imagine that we would have come this far in only 5 years. It's been an enormous success. The number of vendors accepting it can't be counted. I use it everyday and love it.

But I guess it's dying now. That's what all the smart people are saying. Bitcoin is gonna be replaced by something better. It's different this time. Sure, Litecoin had faster blocks and more coins. Ripple was the future, everybody knew that. Why would we use bitcoin when we had Counterparty? Mastercoin? NXT? Heck even auroracoin had a marketcap 20% that of bitcoin at one point. Actually forget all that, now it's ETH that will kill bitcoin. This smart 19 yo wonderkid finally nailed it, now bitcoin is really dying for realz. Changing the entire infrastructure and vendors from bitcoin over to ETH will be done in exactly two weeks. That it happened so fast is pretty amazing. All that had to happen was for the price of ETH to go up and bitcoin died. From revolutionary to just another shitcoin in a couple of months.

I wonder if people will remember ETH and XMR when they have been replaced in 5 years? I doubt it.

There is no correlation between ETH and XMR, so tying those two together isn't really valid. Plus the community here is trying to fill a niche by becoming the most private/anonymous digital cash that has ever been created; not pump some shitty coin that has either A) been copied from somewhere or B) been unfairly mined/distributed amongst the very first adopters. So to correlate XMR to anything else that has been created is ludicrous, IMO.

According to forum and reddit people bitcoin will be replaced by both, so there is a strong correlation here.

Well not to be condisinding, but if you take everything you hear from here and reddit as gospel; then you're going to have a bad time. What ETH and XMR are doing that I personally respect, is that they are trying to do something that's completely different from Bitcoin, I just personally find more use for XMR than I do ETH. Maybe you should form your own opinions on the matter and not listen to only opinions of people on forums, or you are just trying to be extremely satirical, can't tell.

GreekBitcoin

legendary

Activity: 1428

Merit: 1001

getmonero.org

Quote from: TheKoziTwo on March 09, 2016, 04:03:18 PM

...

I was literally just checking your profile because you were mentioned on IRC. And after months you post that exact time. Nice

I totally agree with you. My opinion on monero though is that it could have a cap of 1-10% that of bitcoin. Being the more "shady" bitcoin brother and more privacy oriented. So i can see a future where monero is still remembered in 5 years. Maybe my optimism comes because after 2 years it is still here and looking good. We all know that it is rather probable to simply wither and die though.

The trillions/gazillions numbers are too random talking at best.

Edit: I would anyway prefer monero to stay lower than btc because in my thinking that would mean that it could stay more decentralized.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: TheKoziTwo on March 09, 2016, 04:03:18 PM

I bought my first bitcoin in 2011 and didn't in my wildest dreams imagine that we would have come this far in only 5 years. It's been an enormous success. The number of vendors accepting it can't be counted. I use it everyday and love it.

But I guess it's dying now. That's what all the smart people are saying. Bitcoin is gonna be replaced by something better. It's different this time. Sure, Litecoin had faster blocks and more coins. Ripple was the future, everybody knew that. Why would we use bitcoin when we had Counterparty? Mastercoin? NXT? Heck even auroracoin had a marketcap 20% that of bitcoin at one point. Actually forget all that, now it's ETH that will kill bitcoin. This smart 19 yo wonderkid finally nailed it, now bitcoin is really dying for realz. Changing the entire infrastructure and vendors from bitcoin over to ETH will be done in exactly two weeks. That it happened so fast is pretty amazing. All that had to happen was for the price of ETH to go up and bitcoin died. From revolutionary to just another shitcoin in a couple of months.

I wonder if people will remember ETH and XMR when they have been replaced in 5 years? I doubt it.

Nice to know I'm not the only one that doesn't like Bitcoin Obituaries being used to hype Monero.

Can we please leave such slimy, desperate, FUD-based selling tactics to paid spammer DashHoles like tungfa?

TheKoziTwo

legendary

Activity: 1552

Merit: 1047

Quote from: phishead on March 09, 2016, 04:11:50 PM

Quote from: TheKoziTwo on March 09, 2016, 04:03:18 PM

I bought my first bitcoin in 2011 and didn't in my wildest dreams imagine that we would have come this far in only 5 years. It's been an enormous success. The number of vendors accepting it can't be counted. I use it everyday and love it.

But I guess it's dying now. That's what all the smart people are saying. Bitcoin is gonna be replaced by something better. It's different this time. Sure, Litecoin had faster blocks and more coins. Ripple was the future, everybody knew that. Why would we use bitcoin when we had Counterparty? Mastercoin? NXT? Heck even auroracoin had a marketcap 20% that of bitcoin at one point. Actually forget all that, now it's ETH that will kill bitcoin. This smart 19 yo wonderkid finally nailed it, now bitcoin is really dying for realz. Changing the entire infrastructure and vendors from bitcoin over to ETH will be done in exactly two weeks. That it happened so fast is pretty amazing. All that had to happen was for the price of ETH to go up and bitcoin died. From revolutionary to just another shitcoin in a couple of months.

I wonder if people will remember ETH and XMR when they have been replaced in 5 years? I doubt it.

There is no correlation between ETH and XMR, so tying those two together isn't really valid. Plus the community here is trying to fill a niche by becoming the most private/anonymous digital cash that has ever been created; not pump some shitty coin that has either A) been copied from somewhere or B) been unfairly mined/distributed amongst the very first adopters. So to correlate XMR to anything else that has been created is ludicrous, IMO.

According to forum and reddit people bitcoin will be replaced by both, so there is a strong correlation here.

phishead

hero member

Activity: 1874

Merit: 840

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

Quote from: TheKoziTwo on March 09, 2016, 04:03:18 PM

I bought my first bitcoin in 2011 and didn't in my wildest dreams imagine that we would have come this far in only 5 years. It's been an enormous success. The number of vendors accepting it can't be counted. I use it everyday and love it.

But I guess it's dying now. That's what all the smart people are saying. Bitcoin is gonna be replaced by something better. It's different this time. Sure, Litecoin had faster blocks and more coins. Ripple was the future, everybody knew that. Why would we use bitcoin when we had Counterparty? Mastercoin? NXT? Heck even auroracoin had a marketcap 20% that of bitcoin at one point. Actually forget all that, now it's ETH that will kill bitcoin. This smart 19 yo wonderkid finally nailed it, now bitcoin is really dying for realz. Changing the entire infrastructure and vendors from bitcoin over to ETH will be done in exactly two weeks. That it happened so fast is pretty amazing. All that had to happen was for the price of ETH to go up and bitcoin died. From revolutionary to just another shitcoin in a couple of months.

I wonder if people will remember ETH and XMR when they have been replaced in 5 years? I doubt it.

There is no correlation between ETH and XMR, so tying those two together isn't really valid. Plus the community here is trying to fill a niche by becoming the most private/anonymous digital cash that has ever been created; not pump some shitty coin that has either A) been copied from somewhere or B) been unfairly mined/distributed amongst the very first adopters. So to correlate XMR to anything else that has been created is ludicrous, IMO.

klee

legendary

Activity: 1498

Merit: 1000

Quote from: TheKoziTwo on March 09, 2016, 04:03:18 PM

I bought my first bitcoin in 2011 and didn't in my wildest dreams imagine that we would have come this far in only 5 years. It's been an enormous success. The number of vendors accepting it can't be counted. I use it everyday and love it.

But I guess it's dying now. That's what all the smart people are saying. Bitcoin is gonna be replaced by something better. It's different this time. Sure, Litecoin had faster blocks and more coins. Ripple was the future, everybody knew that. Why would we use bitcoin when we had Counterparty? Mastercoin? NXT? Heck even auroracoin had a marketcap 20% that of bitcoin at one point. Actually forget all that, now it's ETH that will kill bitcoin. This smart 19 yo wonderkid finally nailed it, now bitcoin is really dying for realz. Changing the entire infrastructure and vendors from bitcoin over to ETH will be done in exactly two weeks. That it happened so fast is pretty amazing. All that had to happen was for the price of ETH to go up and bitcoin died. From revolutionary to just another shitcoin in a couple of months.

I wonder if people will remember ETH and XMR when they have been replaced in 5 years? I doubt it.

Satoshi the bagholder.

Topic: [XMR] Monero Speculation - page 1477. (Read 3313576 times)