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Topic: [XMR] Monero Speculation - page 1849. (Read 3314350 times)

hero member
Activity: 798
Merit: 1000
21 million. I want them all.
July 07, 2015, 12:36:59 PM
10 usd would assume a market cap of over 100 millions (we should have more than 10 million coins by then). i can not see this happening this year, but in the long run ofc Grin

orderbook stays weak, some are definetely refusing polo. i would love to help provididing liquidity at the new exchange if i know who to contact, ofc all other parameters have to be right too, but i am confident Smiley


Have you guys seen this? https://www.youtube.com/watch?v=bOp47r1r7XQ&feature=youtu.be




Lol, comment troll bitching about the emission. Bitcoin cannot be compared to other coin launches. It was the first. Sure emission was slower, but nobody knew or cared about it so distribution is the same or possibly even worse. First 3 years of bitcoins are in few hands compared to rest of people in crypto, forget about the world. Monero in it's first year is comparable to several first years of bitcoin as it is not this anomalous new tech that needs to be discovered, comprehended and then speculated. The ecosystem was already here to pick it up and word travels fast in crypto now. There has been and still is every opportunity to purchase XMR. In fact, someone needs to tell them that early adopters paid 2-5$ for their monero at time of highest emission and now they are only $0.5 so despite the high emission, new entrants are getting a vastly superior deal.


EDIT: Also, guy doing the video seems like  tool. He doesn't even know that monero is mined. He thinks it was a burn like counterparty. And why is he doing his video in a thrift store? lol. Professional.

I also find it odd that someone is doing a video about something that they haven't researched at all. Why would you say that Monero is burned? It would take 2 minutes to google the answer.
legendary
Activity: 1092
Merit: 1000
July 07, 2015, 12:25:56 PM
10 usd would assume a market cap of over 100 millions (we should have more than 10 million coins by then). i can not see this happening this year, but in the long run ofc Grin

orderbook stays weak, some are definetely refusing polo. i would love to help provididing liquidity at the new exchange if i know who to contact, ofc all other parameters have to be right too, but i am confident Smiley


100 million USD marketcap is a possibility this year.
We need USD exchange, advertising and a huge scarcity of coins in the markets.
At the end of this year, the daily coin mintage is around 10 000 xmr/day. This means the dollar value of a daily emission is 100 000 usd if the Monero is priced to 10 usd each.
I do not know if it will establish to 10 usd/xmr but at least we can see it touching there... But this requires hard work and tons of new money from the investors, but the network effect will be on our side if the price starts to climb.  Grin
sr. member
Activity: 453
Merit: 500
hello world
July 07, 2015, 12:22:43 PM
10 usd would assume a market cap of over 100 millions (we should have more than 10 million coins by then). i can not see this happening this year, but in the long run ofc Grin

orderbook stays weak, some are definetely refusing polo. i would love to help provididing liquidity at the new exchange if i know who to contact, ofc all other parameters have to be right too, but i am confident Smiley


Have you guys seen this? https://www.youtube.com/watch?v=bOp47r1r7XQ&feature=youtu.be

thanks for the video!

this guy is so wrong lol i dont even want to comment.
sr. member
Activity: 379
Merit: 250
July 07, 2015, 12:07:38 PM
10 usd would assume a market cap of over 100 millions (we should have more than 10 million coins by then). i can not see this happening this year, but in the long run ofc Grin

orderbook stays weak, some are definetely refusing polo. i would love to help provididing liquidity at the new exchange if i know who to contact, ofc all other parameters have to be right too, but i am confident Smiley


Have you guys seen this? https://www.youtube.com/watch?v=bOp47r1r7XQ&feature=youtu.be

sr. member
Activity: 453
Merit: 500
hello world
July 07, 2015, 12:02:07 PM
10 usd would assume a market cap of over 100 millions (we should have more than 10 million coins by then). i can not see this happening this year, but in the long run ofc Grin

orderbook stays weak, some are definetely refusing polo. i would love to help provididing liquidity at the new exchange if i know who to contact, ofc all other parameters have to be right too, but i am confident Smiley
legendary
Activity: 1092
Merit: 1000
July 07, 2015, 11:17:30 AM
To me Monero is currently like a pinball game: I hit buy-button when it is down and I hit the sell-button when the price is up.
This is much fun for me.  Grin

So you're buying?

Yes I have bought some despite the fact that the price might dump also and I might become one of the bagholders.

If Monero is able to establish itself well above the previous highs (around 0.0042 if I am not mistaken), it will give a nice launching for a new ATH. If not, then we simply need to waite a little bit more and accumulate more coins.

The coming fiat-exchanges will make Monero easy to purchase which in turn will help the adaption, ecosystem and the economy to grow.
Chances are, we will see 10 usd/xmr this year. However, I am not sure if it happens but definetely it is possible.
hero member
Activity: 546
Merit: 500
AKA The Rubber Monkey
July 07, 2015, 10:57:32 AM
I don't hate LTC, I know stating how useless it is makes me sound like I'm a hater or jelly but I don't care, it was useless compared to BTC at 0.007 and still useless at 0.02. Most cryptonote coins beats LTC any day in my book.

I don't think that it has to do with hate, or direct/indirect usability compare of any alt to the other(s). I think it's about maturity. LTC has had its time for quite a long time now. It has fast transactions (compared to BTC), high volume, relatively easier to buy and distribute vs the XMR. OTOH, XMR is superior tech-wise, but that doesn't render LTC useless. Plus the fact that every single exchange out there supports it! So there you have it. Maturity is something we have to wait to happen with XMR. After that happens, it will reach its righteous place.

Kazuki49 sounds like a jelly hater with an inferiority complex when he, in contradiction to the market and my 'best hedge' analysis, emphasizes LTC's supposed uselessness, while ignoring the reality that XMR/CN have (at present) even less utility.

You can't usefully compare a one year old baby with a four year old.  The former just cries and poops, while the latter can walk, talk, and use the Amazon Fire stick to stream Simpsons and Gravity Falls (cartoons that old Uncle iCEBREAKER also enjoys).

I've actually bought stuff with LTC.  I've yet to do the same with XMR.  That's partly because of remorse from selling too early/cheap, but still...   Cheesy

xmr.to works well to buy things from anyone that takes btc

Sure, if I wanted to part with any of my precious XMR.  But I don't.    Cool

If you don't spend it, what use is it? It doesn't matter if it's anonymous. It doesn't matter if it becomes more valuable. All it does is takes up space on your hard drive if you don't use it..

It's supposed to be a currency. Use it as a currency or it will die.

All you have to do in order to prevent it from dying is bid on it. If a sufficient number of people bid a sufficient amount for it at a reasonable price than it will stay alive indefinitely.

This is not a pyramid scheme. It's a currency and is meant to be bought, sold, and used. You just can't buy, buy, and buy because eventually the buying will stop.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
July 07, 2015, 10:53:09 AM
To me Monero is currently like a pinball game: I hit buy-button when it is down and I hit the sell-button when the price is up.
This is much fun for me.  Grin

So you're buying?
legendary
Activity: 1092
Merit: 1000
July 07, 2015, 10:13:45 AM
To me Monero is currently like a pinball game: I hit buy-button when it is down and I hit the sell-button when the price is up.
This is much fun for me.  Grin
legendary
Activity: 1722
Merit: 1217
July 07, 2015, 10:05:56 AM
I don't hate LTC, I know stating how useless it is makes me sound like I'm a hater or jelly but I don't care, it was useless compared to BTC at 0.007 and still useless at 0.02. Most cryptonote coins beats LTC any day in my book.

I don't think that it has to do with hate, or direct/indirect usability compare of any alt to the other(s). I think it's about maturity. LTC has had its time for quite a long time now. It has fast transactions (compared to BTC), high volume, relatively easier to buy and distribute vs the XMR. OTOH, XMR is superior tech-wise, but that doesn't render LTC useless. Plus the fact that every single exchange out there supports it! So there you have it. Maturity is something we have to wait to happen with XMR. After that happens, it will reach its righteous place.

Kazuki49 sounds like a jelly hater with an inferiority complex when he, in contradiction to the market and my 'best hedge' analysis, emphasizes LTC's supposed uselessness, while ignoring the reality that XMR/CN have (at present) even less utility.

You can't usefully compare a one year old baby with a four year old.  The former just cries and poops, while the latter can walk, talk, and use the Amazon Fire stick to stream Simpsons and Gravity Falls (cartoons that old Uncle iCEBREAKER also enjoys).

I've actually bought stuff with LTC.  I've yet to do the same with XMR.  That's partly because of remorse from selling too early/cheap, but still...   Cheesy

xmr.to works well to buy things from anyone that takes btc

Sure, if I wanted to part with any of my precious XMR.  But I don't.    Cool

If you don't spend it, what use is it? It doesn't matter if it's anonymous. It doesn't matter if it becomes more valuable. All it does is takes up space on your hard drive if you don't use it..

It's supposed to be a currency. Use it as a currency or it will die.

All you have to do in order to prevent it from dying is bid on it. If a sufficient number of people bid a sufficient amount for it at a reasonable price than it will stay alive indefinitely.
hero member
Activity: 546
Merit: 500
AKA The Rubber Monkey
July 07, 2015, 10:01:54 AM
I don't hate LTC, I know stating how useless it is makes me sound like I'm a hater or jelly but I don't care, it was useless compared to BTC at 0.007 and still useless at 0.02. Most cryptonote coins beats LTC any day in my book.

I don't think that it has to do with hate, or direct/indirect usability compare of any alt to the other(s). I think it's about maturity. LTC has had its time for quite a long time now. It has fast transactions (compared to BTC), high volume, relatively easier to buy and distribute vs the XMR. OTOH, XMR is superior tech-wise, but that doesn't render LTC useless. Plus the fact that every single exchange out there supports it! So there you have it. Maturity is something we have to wait to happen with XMR. After that happens, it will reach its righteous place.

Kazuki49 sounds like a jelly hater with an inferiority complex when he, in contradiction to the market and my 'best hedge' analysis, emphasizes LTC's supposed uselessness, while ignoring the reality that XMR/CN have (at present) even less utility.

You can't usefully compare a one year old baby with a four year old.  The former just cries and poops, while the latter can walk, talk, and use the Amazon Fire stick to stream Simpsons and Gravity Falls (cartoons that old Uncle iCEBREAKER also enjoys).

I've actually bought stuff with LTC.  I've yet to do the same with XMR.  That's partly because of remorse from selling too early/cheap, but still...   Cheesy

xmr.to works well to buy things from anyone that takes btc

Sure, if I wanted to part with any of my precious XMR.  But I don't.    Cool

If you don't spend it, what use is it? It doesn't matter if it's anonymous. It doesn't matter if it becomes more valuable. All it does is takes up space on your hard drive if you don't use it..

It's supposed to be a currency. Use it as a currency or it will die.
legendary
Activity: 1624
Merit: 1008
July 07, 2015, 09:25:11 AM
Yes but you were using the example that you bought things with ltc and not XMR to illustrate the usefulness of ltc compared to XMR. Tongue

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
July 07, 2015, 09:04:42 AM
I don't hate LTC, I know stating how useless it is makes me sound like I'm a hater or jelly but I don't care, it was useless compared to BTC at 0.007 and still useless at 0.02. Most cryptonote coins beats LTC any day in my book.

I don't think that it has to do with hate, or direct/indirect usability compare of any alt to the other(s). I think it's about maturity. LTC has had its time for quite a long time now. It has fast transactions (compared to BTC), high volume, relatively easier to buy and distribute vs the XMR. OTOH, XMR is superior tech-wise, but that doesn't render LTC useless. Plus the fact that every single exchange out there supports it! So there you have it. Maturity is something we have to wait to happen with XMR. After that happens, it will reach its righteous place.

Kazuki49 sounds like a jelly hater with an inferiority complex when he, in contradiction to the market and my 'best hedge' analysis, emphasizes LTC's supposed uselessness, while ignoring the reality that XMR/CN have (at present) even less utility.

You can't usefully compare a one year old baby with a four year old.  The former just cries and poops, while the latter can walk, talk, and use the Amazon Fire stick to stream Simpsons and Gravity Falls (cartoons that old Uncle iCEBREAKER also enjoys).

I've actually bought stuff with LTC.  I've yet to do the same with XMR.  That's partly because of remorse from selling too early/cheap, but still...   Cheesy

xmr.to works well to buy things from anyone that takes btc

Sure, if I wanted to part with any of my precious XMR.  But I don't.    Cool
full member
Activity: 122
Merit: 100
July 07, 2015, 07:59:01 AM
I don't hate LTC, I know stating how useless it is makes me sound like I'm a hater or jelly but I don't care, it was useless compared to BTC at 0.007 and still useless at 0.02. Most cryptonote coins beats LTC any day in my book.

I don't think that it has to do with hate, or direct/indirect usability compare of any alt to the other(s). I think it's about maturity. LTC has had its time for quite a long time now. It has fast transactions (compared to BTC), high volume, relatively easier to buy and distribute vs the XMR. OTOH, XMR is superior tech-wise, but that doesn't render LTC useless. Plus the fact that every single exchange out there supports it! So there you have it. Maturity is something we have to wait to happen with XMR. After that happens, it will reach its righteous place.

Kazuki49 sounds like a jelly hater with an inferiority complex when he, in contradiction to the market and my 'best hedge' analysis, emphasizes LTC's supposed uselessness, while ignoring the reality that XMR/CN have (at present) even less utility.

You can't usefully compare a one year old baby with a four year old.  The former just cries and poops, while the latter can walk, talk, and use the Amazon Fire stick to stream Simpsons and Gravity Falls (cartoons that old Uncle iCEBREAKER also enjoys).

I've actually bought stuff with LTC.  I've yet to do the same with XMR.  That's partly because of remorse from selling too early/cheap, but still...   Cheesy

xmr.to works well to buy things from anyone that takes btc
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
July 07, 2015, 07:35:54 AM
I don't hate LTC, I know stating how useless it is makes me sound like I'm a hater or jelly but I don't care, it was useless compared to BTC at 0.007 and still useless at 0.02. Most cryptonote coins beats LTC any day in my book.

I don't think that it has to do with hate, or direct/indirect usability compare of any alt to the other(s). I think it's about maturity. LTC has had its time for quite a long time now. It has fast transactions (compared to BTC), high volume, relatively easier to buy and distribute vs the XMR. OTOH, XMR is superior tech-wise, but that doesn't render LTC useless. Plus the fact that every single exchange out there supports it! So there you have it. Maturity is something we have to wait to happen with XMR. After that happens, it will reach its righteous place.

Kazuki49 sounds like a jelly hater with an inferiority complex when he, in contradiction to the market and my 'best hedge' analysis, emphasizes LTC's supposed uselessness, while ignoring the reality that XMR/CN have (at present) even less utility.

You can't usefully compare a one year old baby with a four year old.  The former just cries and poops, while the latter can walk, talk, and use the Amazon Fire stick to stream Simpsons and Gravity Falls (cartoons that old Uncle iCEBREAKER also enjoys).

I've actually bought stuff with LTC.  I've yet to do the same with XMR.  That's partly because of remorse from selling too early/cheap, but still...   Cheesy
legendary
Activity: 1260
Merit: 1008
July 07, 2015, 06:43:19 AM
Am i the only one who thinks the rise may have more to do with the Mining Cartels who try to stay with the same long term profit after the LTC halving? Those are the people with a) the money and coins to make such a rise happen and also sit usually in the markets ( chinese ) where most of the things happen. It´s a too sharp rise on LTC IMO for just "new money". New money maybe also be a fuel to the rise as everyone is hoping to get rich quick again but i do not think it is the reason.

I doubt this because there is no reason to assume any temporary gains from such a pump could be sustained.

It would be easier for big miners to just switch coins from time to time based on profitability than attempt this type of manipulation.

And if they did, you'd think they'd do it smartly with friggin bots to spread the climb over months instead of days.
full member
Activity: 122
Merit: 100
July 07, 2015, 06:40:36 AM
Am i the only one who thinks the rise may have more to do with the Mining Cartels who try to stay with the same long term profit after the LTC halving? Those are the people with a) the money and coins to make such a rise happen and also sit usually in the markets ( chinese ) where most of the things happen. It´s a too sharp rise on LTC IMO for just "new money". New money maybe also be a fuel to the rise as everyone is hoping to get rich quick again but i do not think it is the reason.

I doubt this because there is no reason to assume any temporary gains from such a pump could be sustained.

It would be easier for big miners to just switch coins from time to time based on profitability than attempt this type of manipulation.
hero member
Activity: 768
Merit: 505
July 07, 2015, 02:01:26 AM
Am i the only one who thinks the rise may have more to do with the Mining Cartels who try to stay with the same long term profit after the LTC halving? Those are the people with a) the money and coins to make such a rise happen and also sit usually in the markets ( chinese ) where most of the things happen. It´s a too sharp rise on LTC IMO for just "new money". New money maybe also be a fuel to the rise as everyone is hoping to get rich quick again but i do not think it is the reason.
legendary
Activity: 1092
Merit: 1000
July 07, 2015, 01:28:26 AM
And when it comes to maturity, one might argue LTC is much more mature than XMR whch it is currently. Even so that there is no need for further development anymore.
However, in the very long run, let's say - after 10 years, the difference between Monero's and LTC*s maturity is insignificiant.
I guess in currency the maturity is considered better than the most new tech (fiat money was improvement to gold standard but still some gold bugs considered gold being better monetary system than much more stable fiat system).
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
July 07, 2015, 12:54:39 AM
I don't hate LTC, I know stating how useless it is makes me sound like I'm a hater or jelly but I don't care, it was useless compared to BTC at 0.007 and still useless at 0.02. Most cryptonote coins beats LTC any day in my book.

I don't think that it has to do with hate, or direct/indirect usability compare of any alt to the other(s). I think it's about maturity. LTC has had its time for quite a long time now. It has fast transactions (compared to BTC), high volume, relatively easier to buy and distribute vs the XMR. OTOH, XMR is superior tech-wise, but that doesn't render LTC useless. Plus the fact that every single exchange out there supports it! So there you have it. Maturity is something we have to wait to happen with XMR. After that happens, it will reach its righteous place.
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