Author

Topic: [XMR] Monero Speculation - page 1562. (Read 3313576 times)

legendary
Activity: 2380
Merit: 1085
Money often costs too much.
February 06, 2016, 01:12:23 PM
When I started looking into altcoins XMR was around .00105 & Dash was .0061  Now it's .00128 XMR & .0128 Dash....Dash team went places in different countries and doing massive PR while the only PR that Monero did is spamming bitcointalk threads with an online game that most of us do not understand or care about and making useless threads by it's supporters.

Let alone the slow development that goes with XMR developers with no clear time limit or even a time guess from the developers, even if they tell us we will be finishing (insert what ever they are developing now) in 2017 this gives people something to look forward to at least.

The devs? Well they are flocking together on IRC on a weekly base, hang around and do some slow developments. Lazy bums all of them, but acting as a team. Compare that to this top notch Bitcoin Dev team and their splits and their tantrums, pulling a Hearn and whatsnot.

However from an "investment perspective" I am still shocked by the last Atrides discovery. Things like that need to get fixed. And the blockchain split last month. I've been degraded into a spectators position, watching further future unfolding from the sideline.
Tacheless, if Monero had been preceeding Bitcoin, nobody would even talk about Bitcoin, as beeing hillariously outdated from technology alone. Monero base design is showing the future path. This will take some time, however.
hero member
Activity: 798
Merit: 1000
21 million. I want them all.
February 06, 2016, 10:41:07 AM
Price is more reasonable now.  I will resume accumulation, slowly.  I continue to believe that coned determines the marginal supply of crypto generally, and the long run on XMR has reinforced that notion all day every day.

con edison? you obscurantist. 80% of americans wouldn't get that reference, let alone this international crowd.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
February 06, 2016, 10:29:05 AM
Price is more reasonable now.  I will resume accumulation, slowly.  I continue to believe that coned determines the marginal supply of crypto generally, and the long run on XMR has reinforced that notion all day every day.
legendary
Activity: 2968
Merit: 1198
February 06, 2016, 10:13:29 AM
I really don't know why people insist in trying to compare this two projects, but for whatever reason they do.

People compare cars, cell phones (and network operators), cloud computing services, economic theories, laundry detergents, hospitals, stocks, etc.

It would very surprising if people didn't compare cryptocurrency projects.
legendary
Activity: 1092
Merit: 1000
February 06, 2016, 09:50:24 AM

 Bear in mind that all the XMR contributors added way more code in the last 1-2 years than the DASH contributors did.


 

Hi Debruyne, just wanted to clarify this part of your comment ^^^^. A huge amount of development work has been done in Dash. This was clarified with Smooth a couple of months back.  Now this comparison does not mean anything in terms of the choices of development or the quality of work so I don't think one should compare at all.  It just felt like you were trying to say "less development work is done at Dash that is why they do promotion" which is simply not true.  We do just as much development or more.

I really don't know why people insist in trying to compare this two projects, but for whatever reason they do. It is pointless, Monero is a great project and it will be successful or not on its own merits. Regardless, of anything that is happening with Dash.





This comparison is pretty much meaningless imo but in case you want to continue it's better to compare similar branches. For Dash corresponding Bitcoin branch is 0.10, not master.



So difference is somewhere around 2100 commits currently

Thank you for the correction. That seems an impressive number, and indeed somewhat an indication of a lot of development work being done that is independent of Bitcoin. If you look back in the actual commits there were indeed many commits for clean ups, tweaks, etc., especially during the summer (around the time of the version 12 release), so the 2000 number seems to pass a quick reality check.
 
Are you no longer merging new Bitcoin commits, or is it planned to freeze for a while and then catch up at some point?


Yep, the idea was to freeze v12.0 in some stable state (which we hopefully achieved) and release new fixes and improvements (as well as merge latest commits from Bitcoin 0.10) in v12.1 somewhere before v13. v12.1 still require more work to be done (still having issues with locks sometimes) and community testing before launch for sure (few important things changed there including tx creation and budgeting rpc) so not going to happen very soon imo. Moreover we are mostly concentrated on developing ideas and implementation of v13 now.

legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
February 06, 2016, 06:39:33 AM
I don't want them to spam lines in their coding specially when it does not make sense.

Then you are in the right place kid.

Monero is doing the job properly. No hyping, just coding and making Monero more awesome everyday. Quality will sell itself, it only takes a little longer for people to find out and realize the value of that fact. No rushing required, instead try to support wherever you can.
member
Activity: 74
Merit: 10
February 06, 2016, 04:59:55 AM
everything has been bubbling but XMR.... why is XMR such an ugly duckling....?

Shouldn't XMR be beating Dash... but Dash volume is respectable, XMR volume is heading into Megacoin, Quark territory, shameful.

Explain

When I started looking into altcoins XMR was around .00105 & Dash was .0061  Now it's .00128 XMR & .0128 Dash....Dash team went places in different countries and doing massive PR while the only PR that Monero did is spamming bitcointalk threads with an online game that most of us do not understand or care about and making useless threads by it's supporters.

Let alone the slow development that goes with XMR developers with no clear time limit or even a time guess from the developers, even if they tell us we will be finishing (insert what ever they are developing now) in 2017 this gives people something to look forward to at least.

You did that for convenience (and to make it look worse) didn't you? DASH price is around 0.011, which is far away from the price you stated. Bear in mind that all the XMR contributors added way more code in the last 1-2 years than the DASH contributors did.

That's nonsense as well, see for instance the GUI -> https://forum.getmonero.org/8/funding-required/2476/the-official-qt-gui-project

At worst it will be finished within the next 6 months, but it will probably be finished way earlier.

My bad meant to write it .0112 and not 0.012 still big difference when u compare it to XMR price?

Adding lines in you're code does not mean it is quality code. It is enough for them to spam threads with useless content I don't want them to spam lines in their coding specially when it does not make sense.
legendary
Activity: 2268
Merit: 1141
February 06, 2016, 04:39:21 AM
everything has been bubbling but XMR.... why is XMR such an ugly duckling....?

Shouldn't XMR be beating Dash... but Dash volume is respectable, XMR volume is heading into Megacoin, Quark territory, shameful.

Explain

When I started looking into altcoins XMR was around .00105 & Dash was .0061  Now it's .00128 XMR & .0128 Dash....Dash team went places in different countries and doing massive PR while the only PR that Monero did is spamming bitcointalk threads with an online game that most of us do not understand or care about and making useless threads by it's supporters.

Let alone the slow development that goes with XMR developers with no clear time limit or even a time guess from the developers, even if they tell us we will be finishing (insert what ever they are developing now) in 2017 this gives people something to look forward to at least.

You did that for convenience (and to make it look worse) didn't you? DASH price is around 0.011, which is far away from the price you stated. Bear in mind that all the XMR contributors added way more code in the last 1-2 years than the DASH contributors did.

That's nonsense as well, see for instance the GUI -> https://forum.getmonero.org/8/funding-required/2476/the-official-qt-gui-project

At worst it will be finished within the next 6 months, but it will probably be finished way earlier.
member
Activity: 74
Merit: 10
February 06, 2016, 04:14:07 AM
everything has been bubbling but XMR.... why is XMR such an ugly duckling....?

Shouldn't XMR be beating Dash... but Dash volume is respectable, XMR volume is heading into Megacoin, Quark territory, shameful.

Explain

When I started looking into altcoins XMR was around .00105 & Dash was .0061  Now it's .00128 XMR & .0128 Dash....Dash team went places in different countries and doing massive PR while the only PR that Monero did is spamming bitcointalk threads with an online game that most of us do not understand or care about and making useless threads by it's supporters.

Let alone the slow development that goes with XMR developers with no clear time limit or even a time guess from the developers, even if they tell us we will be finishing (insert what ever they are developing now) in 2017 this gives people something to look forward to at least.
legendary
Activity: 1260
Merit: 1008
February 05, 2016, 02:14:36 PM
Monero is meant to be used, not bought and held to be sold for a higher price. If you want to support Monero, all the work that is being done, then use it. Spend it on things. Then if you enjoy the privacy that comes with it, buy back the coins you spent.

Why not both?  People who hlod keep the price up, which gives more economic power to spenders and creates an incentive for merchant acceptance.

But yes, it's time for Monero's 'alpaca socks' phase where we demonstrate its utility as a p2p payment medium.

I'll be making a 'Monero Comic and Coin' thread selling collectibles.  Watch for it SoonTM.   Cool

I'm selling Monero node / mining related hardware: http://nodebox.link/

I'm thinking of dropping the basic kit to $75 with a 500 gb HD.
legendary
Activity: 2968
Merit: 1198
February 05, 2016, 02:14:14 PM
Monero is meant to be used, not bought and held to be sold for a higher price. If you want to support Monero, all the work that is being done, then use it. Spend it on things. Then if you enjoy the privacy that comes with it, buy back the coins you spent.

There is room for both. Afterall, Monero has to grow in order to allow more expensive transactions on the network. Imagine buying a million dollar house with Monero, you would need nearly 20% of the supply to buy it.

Just look back at that network effect graph I posted a month or so ago. All these things work together.
legendary
Activity: 2268
Merit: 1141
February 05, 2016, 02:11:15 PM
Monero is meant to be used, not bought and held to be sold for a higher price. If you want to support Monero, all the work that is being done, then use it. Spend it on things. Then if you enjoy the privacy that comes with it, buy back the coins you spent.

There is room for both. Afterall, Monero has to grow in order to allow more expensive transactions on the network. Imagine buying a million dollar house with Monero, you would need nearly 20% of the supply to buy it.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
February 05, 2016, 01:52:32 PM
Monero is meant to be used, not bought and held to be sold for a higher price. If you want to support Monero, all the work that is being done, then use it. Spend it on things. Then if you enjoy the privacy that comes with it, buy back the coins you spent.

Why not both?  People who hlod keep the price up, which gives more economic power to spenders and creates an incentive for merchant acceptance.

But yes, it's time for Monero's 'alpaca socks' phase where we demonstrate its utility as a p2p payment medium.

I'll be making a 'Monero Comic and Coin' thread selling collectibles.  Watch for it SoonTM.   Cool
legendary
Activity: 1610
Merit: 1004
February 05, 2016, 01:41:09 PM
Monero is meant to be used, not bought and held to be sold for a higher price. If you want to support Monero, all the work that is being done, then use it. Spend it on things. Then if you enjoy the privacy that comes with it, buy back the coins you spent.
legendary
Activity: 1092
Merit: 1000
February 05, 2016, 11:11:33 AM
Bears win another round.

woohoo...  Roll Eyes

I think the whales are just accumulating, so they keep the price below around $0.5. After they have enough, the price will go higher.

Whales accumulating is always an excuse of bearish trend. Accumulating whales = bagholders.

Guess it was you who shorted the 15 k earlier today. I always wondered why you don't take your trading games to coins with higher volumes.

Nope.
I have no open interests in the market.
I was lucky however to get lent some coins for 2 days at 0.0001 %, however, the amount I've lent is so minimal that I am embarrassed to reveal it. I wish the coin dust is worth something in the long run.
sr. member
Activity: 400
Merit: 263
February 05, 2016, 09:12:54 AM
Bears win another round.

woohoo...  Roll Eyes

I think the whales are just accumulating, so they keep the price below around $0.5. After they have enough, the price will go higher.

Whales accumulating is always an excuse of bearish trend. Accumulating whales = bagholders.

Guess it was you who shorted the 15 k earlier today. I always wondered why you don't take your trading games to coins with higher volumes.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
February 05, 2016, 09:08:30 AM
Hard fork on the way, bugs still being squashed, RingCT news PnD'd, BTC price rise ...the trolls factor everything.
legendary
Activity: 1092
Merit: 1000
February 05, 2016, 08:52:31 AM
Bears win another round.

woohoo...  Roll Eyes

I think the whales are just accumulating, so they keep the price below around $0.5. After they have enough, the price will go higher.

Whales accumulating is always an excuse of bearish trend. Accumulating whales = bagholders.
newbie
Activity: 39
Merit: 0
February 05, 2016, 08:21:20 AM
Bears win another round.

woohoo...  Roll Eyes

I think the whales are just accumulating, so they keep the price below around $0.5. After they have enough, the price will go higher.
sr. member
Activity: 400
Merit: 263
February 05, 2016, 07:56:26 AM
Bears win another round.

woohoo...  Roll Eyes
Jump to: