This my friend deserves a tip!
(The address you posted on Youtube doesn't seem to be valid
)Worked for me.
Definitely worth a tip. Must not forget to replenish promptly. You snooze, you loose in this game.
Topic: [XMR] Monero Speculation - page 1990. (Read 3313076 times)
This my friend deserves a tip!
(The address you posted on Youtube doesn't seem to be valid
)Worked for me.
Definitely worth a tip. Must not forget to replenish promptly. You snooze, you loose in this game.
CK needs a speculation/discussion thread!
No one's stopping you.
This is compared to if CKG or moneritos was really pegged to XMR, ie. there's a way to trade it back from the king/devs, then X can pretty much stay constant (minus a % fee for the developers), then your property/CKG/moneritos etc will be able to keep their value.
If you weren't aware, moneritos are pegged to XRM; 1 XRM = 1,000,000 moneritos. The price of gold in-game is fluctuating all the time. If you were to buy gold in-game with your in-game assets, you could then transfer it out of the game into monero.
It's like a game where say a cash shop item costs $15, so the dev says it's worth $15, and proceeds to create 100,000,000 of them, and then says his account is now worth $1.5 Billion.
No one has said anything is worth $1.5 billion so you are trolling here.
There's no moneritos in the game that are created out of thin air afaik.
Seriously, it's unnatural how you guys are pretending not to understand this. It's really suspicious. I'm done explaining, I think any intelligent person can make their own decision on this. Unless you guys come up with genuine reasons and points where I am wrong, instead of using obvious red herrings and ad hominem, I'm done.
I wasn't trying to attack you just understand what you are saying. Can you explain better?
I think CryptoKingdom needs its own 'discussion' thread separate from the main CK thread, and separate from the main monero ones. I don't want to clog up the CK thread with more 'speculation' on the CK economics, but it is VERY interesting to discuss, and probably one of the most promising 'killer' apps' for crypto (i.e. gaming). After drugs, porn etc, gaming seems like the most obvious growth market, and CK is a pioneer, and the economics inside CK are 'real' in a sense, and so deserving of serious discussion.
Previously I had doubts that 1000 XMR invested in CK property could ever outperform 1000 XMR in a wallet (CKG is another story), but now I am unsure. If CK property ever pays rent or dividends, then through compounding the 1000 XMR invested in property *might* end up outperforming wallet XMR. My initial reservation was due to XMR being locked inside Ck (i.e. no withdrawals), but if one assumes CK will thrive and prosper, and players can freely buy/sell property, then CK property becomes just another digital asset and store of value, similar to bitcoin, but unlike other PoW coins, XMR invested in CK property *might* earn interest or dividends, almost like PoS. I don't know if that is planned, but it would change the equation some what.
CK needs a speculation/discussion thread!
This my friend deserves a tip!
(The address you posted on Youtube doesn't seem to be valid
)Worked for me.
Thank you for the comments guys, it really means a lot to me 
I'm sure Monero will have a bright future.
I'm sure Monero will have a bright future.
This my friend deserves a tip!
( Edit: OK, address works, sent you some XMR
) 
That was great! Post in the main thread.
And "Is it True" should be added to the LoGo as the Official Slogan
If monero ever makes it to the mainstream that dump video will be a legend that dwarfs the 100,000 dollar bitcoin pizzas. People will watch that and go, omg he just dumped a billion dollars at the absolute low. People will be unable to fathom that kind of money and they will watch him wash it down the drain at the bottom of the bottom. They will want to scream and pull out their eyes if they have an empathetic bone in their body. Oh and the guy who made this video, we will finally learn who it was via a confession in his suicide note.
haha, too true! Does the dumper dude care to comment?
If monero ever makes it to the mainstream that dump video will be a legend that dwarfs the 100,000 dollar bitcoin pizzas. People will watch that and go, omg he just dumped a billion dollars at the absolute low. People will be unable to fathom that kind of money and they will watch him wash it down the drain at the bottom of the bottom. They will want to scream and pull out their eyes if they have an empathetic bone in their body. Oh and the guy who made this video, we will finally learn who it was via a confession in his suicide note.
Most people that are currently mining XMR are doing so at a loss (electricity costs exceed revenue). The only logical explanation on what they do with the XMR they mine is that they hold the XMR, in expectations that it will increase in value.
I can say this because I'm a miner also.
Bolded an important word. There are definitely miners who either do not pay for electricity or are using other's.
It is possible to mine XMR at a profit while paying for electricity, and no I'm not talking about anything exotic like a secret optimized miner, just the obvious reality of differing costs, etc.
As I said before that video is archived to be played at all future XMR order-of-magnitude parties.
Maybe if we are lucky we'll get some more to add to the playlist.
If Monero sees success, we'll look back at this like the 10,000 Bitcoin pizza 
It seems like monero is going up especially during weekends... ahah !
I am thinking about putting another 10BTC on XMR yet i also want to wait for a nice big dump....What do?
The nice big dumps already happened, when we went to 0.001.
Given decreasing emission and increasing awareness/usability/demand, we may not revisit those lows.
If you could go back to 2011, would you really care about paying $1.50 vs $1 for Bitcoins?
Don't try to pick up pennies in front of bulldozers, unless you are a pro day trader watching the markets like a hawk.
...welcome!
Thank you. It's hard to believe that was my first post. I've been following the main Monero thread since page 1.
LOL, Date Registered: March 20, 2014, 12:05:26 PM
...welcome!
Thank you. It's hard to believe that was my first post. I've been following the main Monero thread since page 1.
I'm impressed. I could never get my fingers to shut-up for that long.
...welcome!
Thank you. It's hard to believe that was my first post. I've been following the main Monero thread since page 1.
Most people that are currently mining XMR are doing so at a loss (electricity costs exceed revenue). The only logical explanation on what they do with the XMR they mine is that they hold the XMR, in expectations that it will increase in value.
I can say this because I'm a miner also.
Bolded an important word. There are definitely miners who either do not pay for electricity or are using other's.
I have been CPU mining Monero since May 2014 on a cloudatcost VPS that I paid $35 for (one-time fee). I also have a 280x GPU rig with 5 cards in my company's warehouse that was originally built to mine Litecoin. I don't pay the electricity, but it's out in the open and everyone knows what it's doing. In a place like this, that miner's electricity usage is a drop in the ocean.
I have never sold any of my mined Monero. I don't intend to for a long while.
Words too wise for a first post--welcome!
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