Topic: [XMR] Monero Speculation - page 188. (Read 3314316 times)

Hm. Well.  OK.  I dunno, I never did the math I guess LOL

Monero and Bitcoin really back to basics is all that probably matters.  "Which" Bitcoin will be the "real" one, though... FukkIfIno

Nothing for certain any more in ANY of this until we get outta the winter woods, anyway.

U guys think "that" was the "bottom" a week or so ago?  We've kinda "bounced" off that to almost a "doubling" now (the model portfolio that I have in an app to track hit low point total value about $18K and we've been flirting with it all in the $32-$34K range last couple days).

So IF someone bought in for the first time EVER at exactly that right moment about a week ago, they're today looking at almost their first DOUBLING.

So, UP again resuming from here?

OR we will restart the bleeding after January 1st?

(I'm leaning to that and guessing the REAL "bottom" won't be until late spring or early summer, about another "cut-in-half" from where everything is today.)

But... fuck it's just a guess gut feel and my GUT was clearly WRONG about Digibyte so again FUKKIFINO

Merry Christmas to all, anyway.... hope new year finds everyone happy healthy hodl'ing strong...

Monero will most likely use part of GRIN technology as a sidechain.  GRIN should never reach level of anonymity as Monero have.

Oh w0w, I didn't think you could lose. well in the money 2 years straight with auto pick is not too bad.
PPR sucks.

I must have gotten DGB mixed up with something else, didn't they have this white japanese female looking robot logo at one time? Well anyway its a shitcoin.

Bahh, I hate my memory loss and was pretty certain it started as scrypt as I was thinking of mining it at launch so I did a little search and.


I was correct that is launched as script. It's tough when you can't trust your memory anymore.

I just meant they started as a straight clone of myriad with a premine. They did later add the diff retarget algorithm, which is afaik their only unique feature added.

Btw I lost even after epic big dick Nick performance, but still get runner up prize at least.

I remember DGB launch, it was nothing special, just another clone. I give them credit for sticking with it and adding improvements but where did it become an opaque chain?

And when did it's supply go from 21 Million to 21 BILLION! Which makes the premine 10,500,000 which at .016 is equal to 168,000 BTC which is worth $831,600,000 on a coin with a market cap of  138,985,730 USD.

Do you see where this may be a problem?
https://coinmarketcap.com/currencies/digibyte/historical-data/

I can't see in any way shape or form this coin is
To be fair they didn't steal anything and actually have added digisheild which IIRC is a good piece of code for quick diff adjustments or some such thing and they forked the myriad coin algo in to get away from script IIRC when asics hit??? Not sure never followed it just have known about it since it started and never saw a need.

BTW congrats.

DigiByte premine? First I’ve ever heard of that. Proof?

I also like it just ‘cuz it’s so OLD... its blockchain genesis ‘way back early before all the shit got crazy with ICOs and etc - so many nonsense garbage projects in this whole crypto space.

Their iOS wallet on iPhone is pretty slick too, just basic function as it’s intended to just be a currency. Just money. Simple. But the wallet design is very clean and has always worked great.

Now if only people could actually, y’know, SPEND their DGB in more places then maybe it’d get up off the floor around a penny or less and actually trade in “dollars” like so many other much WORSE projects have easily already achieved...?

That’s why I like it probably really. Feels like maybe the last chance to get a real “currency” coin with potential to recreate bitcoins earliest days... “Roger Ver type” lottery win, where you can get many thousands of coins for very little and wake up one day a few years later sitting on a mountain of buying power.

And if/when that happens the bulk of it will have to be flipped into Monero to protect it (from all manner of thieves, tax men, scams and cons etc etc) 

Been a really long time follower of Monero, was my first and still only privacy coin I still add to when I can. Yes, I've bought others, including even Digibyte now being discussed but all of them purely for speculation simply because I don't hold coins I can't use (yeah I know, it's maybe a dumb thing but if I don't have people I can buy things for with my coin, I don't see the point).

All the recent forks have somewhat shaken some of my confidence, but I take some heart that the old merchant network is still there, and XMR hasn't "died" yet in terms of price and is following the recovery trend like all others.

Are we now all back to reading strange whitepapers of new things we don't understand?

DGB stole the five algo thing from myriadcoin and added a premine . It's not a workable scheme in the long run imo. Yes, it's better to have five algos that your not the king of than one, but it's still probably less good than simply being king of one algo. Myriad is probably more secure than DGB at this point since they've added auxpow to Sha and scrypt, but still less secure than bitcoin or litecoin.

Y'know LOL I don't really know WHY but I srsly like DigiByte...

There's kinda too much of it, i.e. 10X supply vs BTC/BCH I guess but it's freakin' FAST and this idea of 5 different algos seems cool.

Just it's really underpriced by "gut feel" I suppose.  I dunno.  It's in my top 3 or top 5, I suppose.

The other 4 of top 5 are XMR / BCH / BTC / and... ummm... shit... I dunno... I forget... Doge maybe?  LOL

I think XMR will go to better prices in the new year. Now we have to pay attention now that the ascent has begun. We waited patiently for a long time. XMR is a very useful project. I think the secret is very important in this market.

GRIN is no good? I’m also interested in this project, but don’t really know what to think of. Is it a competitor for Monero?

Just downloaded Grin's white paper.  I can't believe I'm back to doing this...  Reading a white paper which I don't even get half of.  Lololol.  'Welcome back to 2013' I guess.

Anyway, back to XMR.

Grin will have some hype and speculation around its launch, but it's dead on arrival. Their protocol name isn't the only thing derived from Harry Potter: their understanding of economics is also completely fictional.


They are virtue signalling with their emission schedule. Freicoin already tried this virtue signalling fictional economics nonsense. Grin is foolish, but their developers don't realize this. Reality knows and is about to show them.

I like anonymous\fungible (call it how you like) coins. Ones that satisfy next conditions:
- no premine
- no shady history
- preferably launched before crazy ico era not for fast (if at all) profit
- not abandoned
- have devs that still active and update code
- overall just honest coins without whistles that's have one goal in mind - to be best electronic money

I started with Monero, than found out about Aeon and Karbo. And only other coin on my radar is Grin (not launched afaik).
If you know other fungible coins without premine e.t.c. please share.

I mean what do you mean by "worth looking into" though?  Like obviously everyone is going to say this is the best privacy/fungibility/overall cryptocurrency project, but if you are looking at smart contract platforms, storage solutions, etc. I like to look at it in 3 ways:

1) Does it do something that previous coins simply aren't doing

2) Does it actually use the block chain to circumvent third parties/governement, or are just looking to use the blockchain for the sake of saying their project is "on the blockchain" to make it sound sexy.

3) Is the community actively engaged and actively developing

Example that I've seen recently where it seemed like a good idea to look into the project but I stepped back from it was looking into Cardano.  There are aparently a lot of really smart people working on it, and are some actual things they are doing that are a little differently than others, even though I didn't believe it would work, I was intrigued about this new PoS system called ouroboros but didn't get that far into looking into it....

Primarily because I had remember seeing 1) They treat Charles Hoskinson as this genius/visionary/CEO type guy where if he goes down in some way, then the whole project would probably fall apart, and 2) I remember reading something along the lines of Hoskinson saying that he would be wanting to work with governments to get Cardano "approved"... idk I honestly don't really remember, but it was something that didn't sound like Cardano was planning to being very decentralized... the primary thing a blockchain is supposed to do.

TL;DR DYOR

Can the regs from this thread suggest which other alt besides XMR is (are) worth looking into?  And by that I mean a coin with good code/tech/devs that I can buy and forget in cold storage. 

Thanks.

Monero must have the higher price - this is my personal point of view. The altcoin is very safe, anonymous and pretty fast. It will be used for many years and it will survive even if the next bloodbath comes. In few years I think it can be in top-5!

Usually I can tell how the crypto market is doing by looking at wall street, or vice versa, but the last two days is ¯\_(ツ)_/¯

Cramer's telling people to buy gold, maybe they misheard him and think he said digital gold. ^{Note: I think the concept of digital gold is inane and a proverbial moving of the goal post by maximalists who have thrown their hands in the air and stopped trying to be digital cash as was listed in the BTC whitepaper}

Who else thinks we are about to see a shit show on Wall St. tomorrow?  Global tensions continue to rise with the recent "retirement" of MAD DAWG Mattis, Fed raising interest rates, raised deficits, possible govt. shutdown, banks continuing (as usual) sketchy high risk loans, etc etc.

I have a feeling we are about to start see a real 2008-esque recession that will last a good while... If that is true, it will be interesting to see if crypto continues to crash along side with it or not.