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Topic: [XMR] Monero Speculation - page 1965. (Read 3313084 times)

legendary
Activity: 1834
Merit: 1019
April 06, 2015, 03:24:38 AM
^^TrueCryptonaire did say "most optimistic". A possibility where Monero passes Bitcoin is if Bitcoin fails something crucial that Monero proves to be capable of. With the road that Bitcoin paved/is paving, operators can trivially accept Monero as the market calls for it, accelerating to the 10% critical adoption point through the rest of Bitcoin's network faster than one might expect.

Offtopic edit: reflecting on writing this, I now realize why I scored higher for "perceiving" than "judging" on this Myers-Briggs test I just took again after someone mentioned the INTJ archetype on the other thread Smiley

Are people forgetting the single large volume buys that took us to 400+? Seems weird how people are scared the price went down again.


Monero can realistically replace btc in 3 years (the most optimistic scenario).

No  Cheesy

I am glad that you had such a fundamental arguments backing your point.

You didn't exactly set the best example for the guy lol though at least I generally share your general sentiment Smiley
sr. member
Activity: 322
Merit: 250
April 06, 2015, 03:23:03 AM
Are people forgetting the single large volume buys that took us to 400+? Seems weird how people are scared the price went down again.


Monero can realistically replace btc in 3 years (the most optimistic scenario).

No  Cheesy

I am glad that you had such a fundamental arguments backing your point.
Monero is more than 3 years behind in terms of development.
Monero is probably more than 3 years behind in terms of network effects.
Monero is probably more than 3 years behind in terms of being known to the public.
Monero is more than 3 years behind in terms of amount of news sources covering it.

Monero won't replace bitcoin. Not in a long time. And if bitcoin gets replaced by a fully anon coin, chances are it won't be monero. I think monero really should carve out its own niche. There's no need to compete against bitcoin.
legendary
Activity: 1092
Merit: 1000
April 06, 2015, 03:12:38 AM
Are people forgetting the single large volume buys that took us to 400+? Seems weird how people are scared the price went down again.


Monero can realistically replace btc in 3 years (the most optimistic scenario).

No  Cheesy

I am glad that you had such a fundamental arguments backing your point.
hero member
Activity: 756
Merit: 506
April 06, 2015, 02:53:40 AM
Are people forgetting the single large volume buys that took us to 400+? Seems weird how people are scared the price went down again.


Monero can realistically replace btc in 3 years (the most optimistic scenario).

No  Cheesy
donator
Activity: 1722
Merit: 1036
April 06, 2015, 02:43:12 AM
if downtrend is still in force, we are going sub-90

90 isn't even possible for more than a few hours, unless btc goes up a lot.  I simply have too much fiat exposure for that to happen.

QED.  Cheesy
legendary
Activity: 1092
Merit: 1000
April 06, 2015, 02:18:40 AM
Are people forgetting the single large volume buys that took us to 400+? Seems weird how people are scared the price went down again.

Yup, it was not good for the bull trend to take it above 0.004 this fast. Man, when I went to sleep, the price was 0.0029 and in the morning when I woke up the price was 0.004. It was crazy.
This correction was healthy and probably it was done mainly by the profit takers.

I hope there is slower growth rate this time.
Going through the roof indicates coming dump so market making is important.

I don't think Monero will go to parity with bitcoin during this rally, but eventually I am speculating Monero will replace btc as # 1 crypto in years to come.
Keep in mind, the minimum blockreward gives out only <500 xmr daily.
Monero can realistically replace btc in 3 years (the most optimistic scenario). More realistic scenario is 3+ years. Pessimistic being XMR will stay like it is now (or going to 0.01 only, including going to 0 - now it is pretty close to the latter IMO).

Summa summarum, if you believe Monero will make a huge difference in the future, buy XMR, if you think it will stay like this, don't do anything and if you think it will go to 0, you may dump. However, you barely get ~ 1 usd each.
full member
Activity: 231
Merit: 100
April 06, 2015, 01:43:58 AM
Are people forgetting the single large volume buys that took us to 400+? Seems weird how people are scared the price went down again.
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
April 06, 2015, 01:34:21 AM
Available Supply      7.06 Million 
Total Supply            18.4 Million


Looks better to me, then I thought.
legendary
Activity: 1834
Merit: 1019
April 06, 2015, 12:39:11 AM
Another one I like Smiley

"Here's to the crazy ones"
legendary
Activity: 2016
Merit: 1259
April 06, 2015, 12:34:30 AM

   I first saw that one on a T-shirt years ago, and attributed to various sources since then.  I like to pull it out for the dumb motherfuckers, from time to time  Wink

When I looking around to see where it came from most sources said the Walking Dead, but the comic book series not the TV show. The former dates back to 2003, so the T-shirt could be come from that. If there is an earlier source let me know and I will update my sig.



IIRC I first encountered it around 2009 or -10, so you are likely correct.  Regardless, it still makes me smile.
legendary
Activity: 1722
Merit: 1217
April 06, 2015, 12:30:40 AM
I'm just impressed by everyone who made it past.

Quote
The Phuck. . .

That is precisely as far as I was able to make it into that gem.
legendary
Activity: 2968
Merit: 1198
April 06, 2015, 12:22:10 AM

Now you know Monero's dirtiest little secret - you're all prancing and hopping behind a lunatic.   Cry


The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers.


^This is so close to becoming my sig--this or a Nietzsche quotation.

I am adding it. Too good to pass up!

   I first saw that one on a T-shirt years ago, and attributed to various sources since then.  I like to pull it out for the dumb motherfuckers, from time to time  Wink

When I looking around to see where it came from most sources said the Walking Dead, but the comic book series not the TV show. The former dates back to 2003, so the T-shirt could be come from that. If there is an earlier source let me know and I will update my sig.
legendary
Activity: 2016
Merit: 1259
April 06, 2015, 12:16:33 AM

Now you know Monero's dirtiest little secret - you're all prancing and hopping behind a lunatic.   Cry


The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers.


^This is so close to becoming my sig--this or a Nietzsche quotation.

I am adding it. Too good to pass up!

   I first saw that one on a T-shirt years ago, and attributed to various sources since then.  I like to pull it out for the dumb motherfuckers, from time to time  Wink
legendary
Activity: 1610
Merit: 1004
April 05, 2015, 10:38:25 PM
Anyone complaining about development just take a look at this:

bitmonerod is using only 34 MB of RAM.



What kind of numbers was it before?

before? like 5000+ Megabytes. the entire blockchain was stored in RAM
newbie
Activity: 55
Merit: 0
April 05, 2015, 09:40:54 PM
Anyone complaining about development just take a look at this:

bitmonerod is using only 34 MB of RAM.



What kind of numbers was it before?
legendary
Activity: 2968
Merit: 1198
April 05, 2015, 09:25:53 PM
Has the price officially broken the uptrend, it's hard to tell as poloniex only using 1 month or the beginning of time as the two charting options.

Also what caused the official spike down was it just FUD or something more serious, BTC usually takes news of a major exchange hack or a massive DDOS attack to spur a serious downtrend.

I see no evidence of a break in the trend. Up from 97k to 340k currently, which is a continuation from 320k before the failed run (on very low volume) at 400k.

Obviously time will tell.

I'm not aware of any "big news" other than de-anon FUD (if you wan't to call that big news even).
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
April 05, 2015, 09:13:24 PM

Now you know Monero's dirtiest little secret - you're all prancing and hopping behind a lunatic.   Cry


The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers.


^This is so close to becoming my sig--this or a Nietzsche quotation.

I am adding it. Too good to pass up!
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
April 05, 2015, 09:11:39 PM
if downtrend is still in force, we are going sub-90

90 isn't even possible for more than a few hours, unless btc goes up a lot.  I simply have too much fiat exposure for that to happen.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
April 05, 2015, 09:01:14 PM
it is amazing how fast someone can dump the coin  15-20 %... Shows that there is after all pretty little liquidity in the markets.

Not really.  Try dumping a similar proportion of the total float of JPY on the single most liquidity market on the planet, USDJPY, in a similar amount of time.  I think the price would move a LOT more.

The reason for the large moves is not that the market is illiquid on its own scale.  The reason is that some larger holders are really, really stupid.
legendary
Activity: 1624
Merit: 1008
April 05, 2015, 07:25:02 PM
@saddambitcoin,   All I can build is leggos so I have to wait for the devs.  I would love to run a full node again.  I can use the CL wallet with no issues.

Remember folks April 18 is the one year birthday of Monero.  Please consider donating to it's development.  As I have no skills to offer I have donated and will add to that on or before the 18th.

if you are interested i can help you to set one up (linux only though)

Thank you for the offer but I am on windows 8.1

A while ago somebody in the main thread tried to help me by trying to find a way to do it with windows but to no avail.  I don't remember who, it might have been GingerAle.
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