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Topic: [XMR] Monero Speculation - page 1686. (Read 3313576 times)

hero member
Activity: 770
Merit: 504
October 22, 2015, 02:38:34 PM
First of all, celebration for another page that is a power of two: 512!!!  
  
See you guys at page 1024 in a year.  
  
Also, because of this ruling: http://www.bloomberg.com/news/articles/2015-10-22/bitcoin-virtual-currency-exchange-is-tax-free-eu-court-says-ig21wzcd  
  
...maybe we won't all pay insane taxes on our Monero capital gains after all.  That would be pretty much the biggest loophole of all time: become a billionaire off speculating in a new currency that grows to be a world standard.... pay no taxes as a result.  Spend 35% of your gains on building a to-scale replica of King's Landing in Oklahoma.  We just need the US to recognize cryptocurrencies as currency now and not as commodities (I wonder if those who paid taxes previously can apply for refunds in this case).
sr. member
Activity: 453
Merit: 500
hello world
October 22, 2015, 09:51:30 AM
If BTC breaks 275 all alts* will get hammered hard. At some point they will bottom (regardless of BTC price action) and then they will bubble.

If BTC goes below 230 I expect XMR to rally hard too.

*(The alts that I have under my trading radar are XMR, BTS, ETH, XRP & a bit NXT - I am afraid that the latter may never bounce, so I am watching only for the moment..)

I am expecting a bit of a downturn after the next run past 270, over a couple/few days.  It could dive to near 255 in the meantime, but on a weekly basis, I expect BTC to go to ~292 over the next lune/seqsuilune before what might be the last pre-halving downleg.  XMR hoarders should accumulate BTC when it drops nearer 250, and spend it on XMR when it nears 290, if that scenario is correct.

just to make this clear since my english is that bad:

Since we hit 275 now, you say we go revisit ~250 and then go to 290 and then down (down to where) ?

i think this is a very good tactic as long as the correlation between xmr and btc stays the same like in the past few months. sounds very realistic and seems to unfold nicely until now, but lets see

thank you

good to see the btc bulls are out
legendary
Activity: 1624
Merit: 1008
October 22, 2015, 07:05:12 AM
Maybe we should bet on when 0.9 will be released Grin Grin

Just yesterday on reddit this question was asked:
https://www.reddit.com/r/Monero/comments/3pladk/is_there_any_expected_time_when_09_is_released/



Details of the process were given but ofc no time was so I think we can bet.

The only thing that seemed definitive is that gagging a fluffy pony = animal abuse.


As far as speculation, btc is rising seemingly due to http://www.coindesk.com/bitcoin-is-exempt-from-vat-says-european-court-of-justice/

Monero is holding it's recent lows of the last 3 days in the 140s where I bought another brick for my Monero house.  The extension is virtually complete.
sr. member
Activity: 392
Merit: 250
October 22, 2015, 06:27:09 AM
Maybe we should bet on when 0.9 will be released Grin Grin

Just yesterday on reddit this question was asked:
https://www.reddit.com/r/Monero/comments/3pladk/is_there_any_expected_time_when_09_is_released/

legendary
Activity: 1624
Merit: 1008
October 22, 2015, 05:20:58 AM
How is MoneroDice doing? I have not played there but am interested in hearing the usage stats if they can be shared

http://monerodice.pd.to/charts.php

Oh wow... -20,000+ XMR at one point.  That would be enough to have me sweating as an administrator for the site.  Though as long as it gets people using XMR and not holding it as an investment tool on polo then it's all good.

So far the players appear to be more lucky than the investors.

Traffic has been light because as I understand it they are not promoting MoneroDice until 0.9 is released which will make Monero usable for the majority of people.   

The maximum bet is 10% of the site bankroll so variance to a large degree depends on the luck of the big bettors.  Hopefully they are not all as lucky as othe Smiley

Investment seems to be a somewhat long term commitment now.  The more traffic there is the less variance there will be for the site.  I don't think there are any small casinos left in Las Vegas but when there were the casino could have a losing day! 

Maybe we should bet on when 0.9 will be released Grin Grin
full member
Activity: 231
Merit: 100
October 22, 2015, 04:17:12 AM
Did anyone introduce Monero to some DarkMarkets?
Some guy around here is doing a bit of Marketing for Monero, i am just not able to recall his name...  Angry Grin

I do remember there is someone promoting XMR, but I can't recall his name either.  Tongue

Found that guy  Grin
Wrote him a pm  Roll Eyes

I do my best to promote Monero but have zero connections with any dark markets and have never promoted Monero there. My focus will continue to be on clearnet businesses with a focus on privacy and security. VPNs, encrypted email, encrypted cloud storage are a few examples of the companies I am contacting. I also am contacting privacy related charity and lobbying groups to ask about accepting Monero for donations.

+1 for good strategy

I understand trying to get companies to understand the importance of using a crypto that isn't a "public" as bitcoin is with it's transactions... but wouldn't it be somewhat better to try and get everything "under the hood" ready to go before we purpose these companies actually use and accept XMR?  I mean the devs still have a bit of work to do, and I would imagine the companies you're contacting will do extensive research on the progress and reputation Monero has as of right now in the crypto world.

I think possibly once everything gets set up, they would be more inclined to accept it as a valid payment.  But just curious, what have these companies been saying to you?  How has the promotions been going so far?

It has not been easy. I have a few good leads but most seem to be taking a wait and see approach. It is a balancing act between the work in setting up payment acceptance and the new business that Monero is likely to bring in. Even for privacy focused businesses, customer demand seems more important that payment privacy in most cases.  The companies that are most interested are the ones where the most Monero users have made contact to express interest. Retweets, emails, comments, etc. all help.  

Once we convince Tutanota to add us I hope everyone donates to them and more Monero users start using their services. This can be used as evidence to convince the VPN provider that appears most interested to accept us. I want to focus on one company at a time. When I posted lists of companies and exchanges in the past far fewer people contacted each one. I want to focus on a very small number of companies at one time. We should be thinking about how we can help them as much as how they can help us.

It is not about convincing them from day 1 to use it in their deployment..

It is about planting a seed in their mind. It is about occupying some of their mindshare.

When all of a sudden they need to re-evaluate their deployment (because many reasons), who occupies some of their mindshare?
legendary
Activity: 1008
Merit: 1001
October 22, 2015, 02:18:54 AM
Did anyone introduce Monero to some DarkMarkets?
Some guy around here is doing a bit of Marketing for Monero, i am just not able to recall his name...  Angry Grin

I do remember there is someone promoting XMR, but I can't recall his name either.  Tongue

Found that guy  Grin
Wrote him a pm  Roll Eyes

Thanks for tracking him down

You are welcome  Grin
full member
Activity: 140
Merit: 100
October 22, 2015, 01:37:54 AM
Did anyone introduce Monero to some DarkMarkets?
Some guy around here is doing a bit of Marketing for Monero, i am just not able to recall his name...  Angry Grin

I do remember there is someone promoting XMR, but I can't recall his name either.  Tongue

Found that guy  Grin
Wrote him a pm  Roll Eyes

Thanks for tracking him down
sr. member
Activity: 392
Merit: 250
October 22, 2015, 01:26:31 AM

I understand trying to get companies to understand the importance of using a crypto that isn't a "public" as bitcoin is with it's transactions... but wouldn't it be somewhat better to try and get everything "under the hood" ready to go before we purpose these companies actually use and accept XMR?  I mean the devs still have a bit of work to do, and I would imagine the companies you're contacting will do extensive research on the progress and reputation Monero has as of right now in the crypto world.

I think possibly once everything gets set up, they would be more inclined to accept it as a valid payment.  But just curious, what have these companies been saying to you?  How has the promotions been going so far?

Yes that's true, still plenty of work for monero. But this does not mean that we should not try to spread some word about xmr. And I think starting with accepting xmr for donations is a good start. The reason is that it really does not require anything special to do on the part of a service or a project. Just listing xmr address on their donate page, and that's it. Such address can be easily obtained on mymonero. And you don't have to worry about exchange rates, subscription fees, linking the fee required with a customer, as in actually paying for some service. Many privacy oriented projects list a few coin addresses, e.g.:

https://www.torservers.net/donate.html
https://geti2p.net/en/get-involved/donate

sr. member
Activity: 408
Merit: 261
October 22, 2015, 12:13:14 AM

Quote
We're also quite happy to announce the addition of a new feature to Monero: Smart Mining. This is a feature that will evolve over time, but at its most basic it is something that will allow everyone running the client software to support the network in an unobtrusive manner. Smart Mining detects your CPU usage, and if your CPU is idle and you aren't on battery power (for laptops and/or connected UPS devices) it will begin mining. As soon you switch to battery power or your CPU activity picks up it will pause mining until it sees it is safe to start again. You still set your Monero address for Smart Mining, as always, and whilst your chances of solving a block may be relatively small (for now;) it is still an easy way to support the network without needing to purchase expensive equipment. This work is complete (for Linux) and is currently being tweaked to work on our other supported operating systems. Ongoing process can be followed here: https://github.com/oranjuice/bitmonero/tree/smart-mining


So does this mean that "smart mining" can be used to mine with laptops without the worry of your laptop going up in flames?? If so I'm looking way more into this Smiley

I've been thinking about this idea of Smart Mining on a laptop for a while and I think the way to go would be to watch either the CPU temperature or fan speed.  Being smart by watching the CPU usage and charging status is certainly a step in the right direction.  But I think CPU mining would really be more practical if it could throttle itself based on how hot or noisy the laptop is.
sr. member
Activity: 336
Merit: 250
October 22, 2015, 12:00:11 AM
Did anyone introduce Monero to some DarkMarkets?
Some guy around here is doing a bit of Marketing for Monero, i am just not able to recall his name...  Angry Grin

I do remember there is someone promoting XMR, but I can't recall his name either.  Tongue

Found that guy  Grin
Wrote him a pm  Roll Eyes

I do my best to promote Monero but have zero connections with any dark markets and have never promoted Monero there. My focus will continue to be on clearnet businesses with a focus on privacy and security. VPNs, encrypted email, encrypted cloud storage are a few examples of the companies I am contacting. I also am contacting privacy related charity and lobbying groups to ask about accepting Monero for donations.

+1 for good strategy

I understand trying to get companies to understand the importance of using a crypto that isn't a "public" as bitcoin is with it's transactions... but wouldn't it be somewhat better to try and get everything "under the hood" ready to go before we purpose these companies actually use and accept XMR?  I mean the devs still have a bit of work to do, and I would imagine the companies you're contacting will do extensive research on the progress and reputation Monero has as of right now in the crypto world.

I think possibly once everything gets set up, they would be more inclined to accept it as a valid payment.  But just curious, what have these companies been saying to you?  How has the promotions been going so far?

It has not been easy. I have a few good leads but most seem to be taking a wait and see approach. It is a balancing act between the work in setting up payment acceptance and the new business that Monero is likely to bring in. Even for privacy focused businesses, customer demand seems more important that payment privacy in most cases.  The companies that are most interested are the ones where the most Monero users have made contact to express interest. Retweets, emails, comments, etc. all help.  

Once we convince Tutanota to add us I hope everyone donates to them and more Monero users start using their services. This can be used as evidence to convince the VPN provider that appears most interested to accept us. I want to focus on one company at a time. When I posted lists of companies and exchanges in the past far fewer people contacted each one. I want to focus on a very small number of companies at one time. We should be thinking about how we can help them as much as how they can help us.
legendary
Activity: 1316
Merit: 1004
October 21, 2015, 11:52:41 PM
Did anyone introduce Monero to some DarkMarkets?
Some guy around here is doing a bit of Marketing for Monero, i am just not able to recall his name...  Angry Grin

I do remember there is someone promoting XMR, but I can't recall his name either.  Tongue

Found that guy  Grin
Wrote him a pm  Roll Eyes

I do my best to promote Monero but have zero connections with any dark markets and have never promoted Monero there. My focus will continue to be on clearnet businesses with a focus on privacy and security. VPNs, encrypted email, encrypted cloud storage are a few examples of the companies I am contacting. I also am contacting privacy related charity and lobbying groups to ask about accepting Monero for donations.

+1 for good strategy

I understand trying to get companies to understand the importance of using a crypto that isn't a "public" as bitcoin is with it's transactions... but wouldn't it be somewhat better to try and get everything "under the hood" ready to go before we purpose these companies actually use and accept XMR?  I mean the devs still have a bit of work to do, and I would imagine the companies you're contacting will do extensive research on the progress and reputation Monero has as of right now in the crypto world.

I think possibly once everything gets set up, they would be more inclined to accept it as a valid payment.  But just curious, what have these companies been saying to you?  How has the promotions been going so far?
legendary
Activity: 1008
Merit: 1001
October 21, 2015, 11:50:57 PM
Did anyone introduce Monero to some DarkMarkets?
Some guy around here is doing a bit of Marketing for Monero, i am just not able to recall his name...  Angry Grin

I do remember there is someone promoting XMR, but I can't recall his name either.  Tongue

Found that guy  Grin
Wrote him a pm  Roll Eyes

I do my best to promote Monero but have zero connections with any dark markets and have never promoted Monero there. My focus will continue to be on clearnet businesses with a focus on privacy and security. VPNs, encrypted email, encrypted cloud storage are a few examples of the companies I am contacting. I also am contacting privacy related charity and lobbying groups to ask about accepting Monero for donations.

Hy there,
i just was curious about the promoting you are doing. I, and i tend to speak for the rest, am very thankful for the Job you are doing to promote XMR and it´s capabilities to privacy related clearnet services.

THANK´S for your job!!!  Grin Shocked Roll Eyes Wink

legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
October 21, 2015, 11:47:55 PM
Did anyone introduce Monero to some DarkMarkets?
Some guy around here is doing a bit of Marketing for Monero, i am just not able to recall his name...  Angry Grin

I do remember there is someone promoting XMR, but I can't recall his name either.  Tongue

Found that guy  Grin
Wrote him a pm  Roll Eyes

I do my best to promote Monero but have zero connections with any dark markets and have never promoted Monero there. My focus will continue to be on clearnet businesses with a focus on privacy and security. VPNs, encrypted email, encrypted cloud storage are a few examples of the companies I am contacting. I also am contacting privacy related charity and lobbying groups to ask about accepting Monero for donations.

+1 for good strategy
sr. member
Activity: 336
Merit: 250
October 21, 2015, 11:42:55 PM
Did anyone introduce Monero to some DarkMarkets?
Some guy around here is doing a bit of Marketing for Monero, i am just not able to recall his name...  Angry Grin

I do remember there is someone promoting XMR, but I can't recall his name either.  Tongue

Found that guy  Grin
Wrote him a pm  Roll Eyes

I do my best to promote Monero but have zero connections with any dark markets and have never promoted Monero there. My focus will continue to be on clearnet businesses with a focus on privacy and security. VPNs, encrypted email, encrypted cloud storage are a few examples of the companies I am contacting. I also am contacting privacy related charity and lobbying groups to ask about accepting Monero for donations.
legendary
Activity: 1008
Merit: 1001
October 21, 2015, 11:09:33 PM
Did anyone introduce Monero to some DarkMarkets?
Some guy around here is doing a bit of Marketing for Monero, i am just not able to recall his name...  Angry Grin

I do remember there is someone promoting XMR, but I can't recall his name either.  Tongue

Found that guy  Grin
Wrote him a pm  Roll Eyes
hero member
Activity: 1874
Merit: 840
Keep what's important, and know who's your friend
October 21, 2015, 10:07:38 PM
Mining is an arms race and I refuse to race for the tiny carrot reward at the end of the race.

Rather just buy whatever it is you are considering mining.

If you're clever, you do both.  Thus making XMR harder to mine.  Thus increasing the value of the XMR you bought, since the supply dries up at prices below the mining cost.

Cleverness has nothing to do with ability to run a mining farm. Money has everything to do with it as you could simply hire someone to set it up for you if you have the money to fund it all.

You bring up a good point as the mining reward decreases in theory your holdings and value of XMR should go up. That may take some time before that happens.

Less of a head ache mining for me personally.

Aside from understanding the proof of work system I may do only what smooth advocates...solo mine (with cpus) lol

Would be nice if the smart mining was implemented so those who are using that version could mine XMR and support the network while their cpu cycles are normally idle or not in usage.

What is smart mining? How would it affect solo cpu mining?

I think it has been placed for a future version but this is what I was able to find:

https://forum.getmonero.org/1/news-and-announcements/112/monday-monero-missives-20-december-8th-2014


Quote
We're also quite happy to announce the addition of a new feature to Monero: Smart Mining. This is a feature that will evolve over time, but at its most basic it is something that will allow everyone running the client software to support the network in an unobtrusive manner. Smart Mining detects your CPU usage, and if your CPU is idle and you aren't on battery power (for laptops and/or connected UPS devices) it will begin mining. As soon you switch to battery power or your CPU activity picks up it will pause mining until it sees it is safe to start again. You still set your Monero address for Smart Mining, as always, and whilst your chances of solving a block may be relatively small (for now;) it is still an easy way to support the network without needing to purchase expensive equipment. This work is complete (for Linux) and is currently being tweaked to work on our other supported operating systems. Ongoing process can be followed here: https://github.com/oranjuice/bitmonero/tree/smart-mining

So does this mean that "smart mining" can be used to mine with laptops without the worry of your laptop going up in flames?? If so I'm looking way more into this Smiley
sr. member
Activity: 392
Merit: 250
October 21, 2015, 10:06:50 PM
What is smart mining? How would it affect solo cpu mining?

I think it has been placed for a future version but this is what I was able to find:

https://forum.getmonero.org/1/news-and-announcements/112/monday-monero-missives-20-december-8th-2014


Quote
We're also quite happy to announce the addition of a new feature to Monero: Smart Mining. This is a feature that will evolve over time, but at its most basic it is something that will allow everyone running the client software to support the network in an unobtrusive manner. Smart Mining detects your CPU usage, and if your CPU is idle and you aren't on battery power (for laptops and/or connected UPS devices) it will begin mining. As soon you switch to battery power or your CPU activity picks up it will pause mining until it sees it is safe to start again. You still set your Monero address for Smart Mining, as always, and whilst your chances of solving a block may be relatively small (for now;) it is still an easy way to support the network without needing to purchase expensive equipment. This work is complete (for Linux) and is currently being tweaked to work on our other supported operating systems. Ongoing process can be followed here: https://github.com/oranjuice/bitmonero/tree/smart-mining

[/quote]


Thx. sounds interesting. I use Linux and recent github version of monero. Do you know how to test this feature?
sr. member
Activity: 336
Merit: 250
October 21, 2015, 10:03:58 PM
Can anyone tell me if Monero was designed to meet emission parity with BTC at around ~15 million XMR? When Monero is at 80% mined, will BTC be there as well?
Use this spreadsheet created by a community member:
https://twitter.com/XMRpromotions/status/657029095541223424
https://t.co/6zj7jcRItP
sr. member
Activity: 392
Merit: 250
October 21, 2015, 10:02:38 PM
Did anyone introduce Monero to some DarkMarkets?
Some guy around here is doing a bit of Marketing for Monero, i am just not able to recall his name...  Angry Grin

To have xmr in darknet, you need hidden monero services, like xmr.to onion version (the revers version), and many others.

And the last week, monero presence in darknet was like this: https://i.imgur.com/e4FI4Vh.png

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