Topic: [XMR] Monero Speculation - page 1964. (Read 3313084 times)

Let me join the off-topicness:

"There is no good or bad but thinking makes it so..." Hamlet A2 S2

I used to mis-remember this as, "There is no good or evil only the thinking so--" which is probably mixing Hamlet's depression with Nietzsche's idea of a master morality.

I think you could make the case that many people's good intentions are actually subconscious rationalizations supporting the status-qua of the dominant social order.

Feel free to delete this Smooth.

“I would rather obey a fine lion, much stronger than myself, than two hundred rats of my own species.”― Voltaire

Rite?

"We must just do the best we can, now as always."

"Fear is failure; I must dare to do wrong. Good!"

"Apparently the method is just this: to store up—no matter how—great treasures of energy and purity, until they begin to do the work themselves (in the way the Hindus call 'Sukshma')."

"Don't worry; work!"

"Reward is the direct and immediate consequence of Work."

"I think that every failure will be certainly traceable to my own damn foolishness, every little success to courage, skill, wit, and tenacity.

This is just my 2 bits. Take it or leave it but im a pretty happy guy over all so maybe it can help.

Perhaps a change in alignment might help. Trying to help people often leads to the opposite of what your good intentions want. Here is an example, https://www.youtube.com/watch?v=0Z760XNy4VM when a mouse population is put into a state of perfect utopia they all die. Thats the extreme end of the spectrum, but doing things for other people leads to the same phenomena to a less extreme degree. It is other peoples job to help themselves, not yours.

Try to help yourself as much as you can without doing anything that is evil in the process. The not doing anything evil is extremely important. Elevating yourself at the expense of other people will not lead to good outcomes unless you are an evil person, and judging by your comment i dont think you are. However it is entirely possible to focus entirely on your own needs and wants without ever doing anything harmful to other people in the process. A good example, but certainly not the only, of this is creating product that you think will sell and selling it for a profit, the person who buys it from you has demonstrated that he values the product more than his money, and you have demonstrated that you value the money more than the product. You are made materially better off, presumably you created the product for the purpose of being made better off, but through your non evil actions he too has been made better off even though that was never your intention.

(it may be wise to create an exception to this rule for people who are completely incapable of providing for themselves, i.e. the mentally or physically ill who have not brought that outcome upon themselves)

anyway last off topic comment from me in this thread, i promise.

I was thinking the same thing and to be perfectly honest I've given up caring about humanity so it really isn't worth the effort. You should re-read your post if you don't see the correlation.

Even though I'm a Confirmed agnostic this is the way I live now after years of banging my head on a wall and paying for trying to help others. No good deed goes unpunished.




And as soon a Smooth gets here these posts will be...

https://www.youtube.com/watch?v=NoAzpa1x7jU&html5=1

Sorry im not sure what this comment has to do with what we were talking about. But either way i just wanted to say that one thing, if you want to make it into a long drawn out discussion we probably should take it elsewhere.

Do what thou wilt, because either way you'll learn!

"At all times sincere friends of freedom have been rare, and its triumphs have been due to minorities, that have prevailed by associating themselves with auxiliaries whose objects often differed from their own; and this association, which is always dangerous, has been sometimes disastrous, by giving to opponents just grounds of opposition, and by kindling dispute over the spoils in the hour of success. No obstacle has been so constant, or so difficult to overcome, as uncertainty and confusion touching the nature of true liberty. If hostile interests have wrought much injury, false ideas have wrought still more; and its advance is recorded in the increase of knowledge, as much as in the improvement of laws."
Lord Acton, "The History of Freedom in Antiquity", 1877

Love is the law.

This is a misnomer.



Yup and I'm sure those that paid with their live for the Pyramids, Majesty of the Roman empire and more close to home the rail expansion would whole heartedly agree with you. It is after all a good thing to have a cell phone as a reward for the sacrifices of you ancestors.

A great number of the greatest advances which have lead to improvements in the lives of the poor have been done in the pursuit of a greater material things for the innovator. In ancient times if you redistributed the wealth from all the worlds kings and aristocrats evenly among the worlds poor it would have fed them for like a week and that would have been the end of it. But people (often) in the pursuit of material possession have created amazing capital goods that have transformed the world. Relatively poor africans have cell phones with access to the internet for crying out loud, and soon even the poorest will, thus equipping them with the tools to take charge of their lives, gain an education, and improve their own situations immeasurably. This is just one example, i'm sure you can come up with 100 more if you try. The people who are building the cell phones and the networks aren't doing it out of altruism, they are doing to for material possessions. This is how capitalism (not to be confused with cronyism) works, and it's a beautiful thing.

I thought everyone on this forum was INTJ but i guess there are a few fellow INTP's

Just means I think on a larger scale and pay for it in the short run of my own life.
I don't covet material things, thats why I disdain those that do at the expense of those in real need. I only took the test once in the 90's.

The visionary! I'm an INTP myself though I think the previous time I took it I was INFP, but before that INTP again too.

We all have such importance in our lives

Yeah, getting sick Of seeing that same paid for link being spammed. Anyway gave me another for the ignore list.

ENTP here.

Smooth needs to delete crapcoin advertisements

Some publicity for SDC: http://motherboard.vice.com/read/the-race-for-the-first-decentralised-silk-road-is-on

Edit: I am puzzled at the lack of attention that Monero gets from the media, even those outlets that cover other privacy-oriented crypto-currencies.

The aminorex put.

I think it comes down to symbols. The symbol of cash doesn't exist in the digital world outside of a monero and once Monero is recognized as the (most?) digital cash symbol, there will follow a natural demand. I think Bitcoin enjoyed this cash-symbolization briefly before everyone realized that it was just another symbol for credit--though an asset class as digital gold will most likely prove to be Bitcoin's place in an increasingly digital life.

There's a demand to replace the natural world's symbols with digital equivalencies, so these movements seem pretty natural to me--no different than replacing your physical self with an avatar on facebook or bitcointalk. On a less symbolic level, I think the need for a digital cash equivalent will be needed as the internet of things grows and privacy becomes more and more of an issue. Who wants theft drones intercepting their Amazon order because they could see the transaction on a public blockchain and make trivial calculations to figure where it was being sent from and to whom?

We'll  be partied out before that 

I wonder how many of the "bitcoin companies" are really just "crypto companies", and can easily pivot or add another coin to their service. I think that VCs probably have considered the slight possibility of another crypto overtaking bitcoin, and they would probably want their companies to be able to quickly adapt and become a forerunner of this new coin.


Let's make a bet. If monero reaches parity with bitcoin in 3 years, and given that it wasn't because crypto completely failed (so say the market cap of xmr > 8 billion)

Then I'll invite you to my mansion (that I haven't yet bought, of course) for a week-long feast, party 24-7.

Network effect is easy to achieve. Just a bullish overall trend will first attract VC money (this increases the marketcap which will help increasing even more network effect which increases the marketcap which increases even more the network effect which increases....

Development will follow pretty fast if the network effect is enough. Investors will invest in infrastructure and the development will be made in many ways.
That's how it was the case with btc. And if XMR gets bullish trend, there are for sure investors who want to invest in the bullish investment vehicle.
Nothing is 100 % sure, but this is pretty sure.

And I did not say it is a realistic scenario for Monero to reach BTC in marketcap in 3 years but it certainly is possible. Bitcoin started pretty much from nowhere and in 3 years it reached pretty decent market capitalisation - in 2011 the highest price was 32 usd and there was hardly anyone investing into Bitcoin.

Monero has the later mover advantage over bitcoin. Bitcoin have had to put a lot of resources on pioneering crypto currency, Monero on the other hand gets a set table.

3 years is on one hand a long time, on the other hand it is pretty darn short time. It's pretty hard to predict at this point how Monero adoption will go forward. Pretty much it needs some positive comments publically from people to whom the sheep listen to.

More realistic scenario for overtaking btc in marketcapwise is definetely 3+ years, but 3 years definetely is a possibility.
I am not jumping off the cliff if this will not happen.


I think it is important to keep on discussing this thing and rather aim at higher than lower.