Topic: [XMR] Monero Speculation - page 2034. (Read 3313076 times)

nice - it even allows investing!
i am not really interested in gambling itself... i'd prefer being part of the bankroll

but i never heard of "Bobbax" before... so i'll skip it for the moment

Fuck gambling. Create something useful to the general public with Monero. Alot of people would be happy to help you.

i'd love to see something like just-dice from someone trusted.
sadly my country forbids me to make it (or use it)

What about first building a working coin as transaction currency? Versus fantasizing of creating Monero based assets that pay lifetime(?) "passive income" without doing anything.

And in general I cant think of a way how on-chain assets that pay passive income can/could be fairly implemented without creating massive unfairness and overreach benefits for early adopters.

Bitcoin suffers enough from its unfairness. We should not create a similar situation.

so.... you could do the following:

1) buy said asset (easiest and most reliable would probably be index fund)
2) offer shares of this asset for monero (that way people buy monero to buy shares from you). You could probably use ripple for this. You then hold onto monero.
3) distribute ROI in form of monero back to shareholders

I would of course work in a way to trickle something to core development, because, yah know....

Alternatively, you can buy boatloads of server time or build a GPU farm.

This will direct more of the newly mined monero from professional miners that dump to a monero supporter that holds. This has the added benefit of securing the network (which is equally important, in my mind, as anything). One could then offer shares in this venture, if one doesn't want to take the risk all on their own.

i've done the numbers - it would only take 6 million USD to buy enough nvidia 750 ti's to match the current hashrate.

Within the chain would take a hard fork I would think.

Risks are in various levels.
For instance, it is very unlikely that US governement goes bankcrupt, therefore their Treasure Bills are considered as a "risk free" interest rate. However, it is possible that black swan event occur. However, I would not bet on that since the odds are heavily against me.

Then there is derivatives that possibly has the highest risks(?) among the assets classes if they are used for speculation purposes.

Between these are many other assets, rental properties, other gov. bonds, stocks and CK-bond.

The rental properties have relatively low risk, but indeed they have more risk than US T-bills. However you can invest in REITs in US stock exchange and get residual income, and this has proven to be pretty stable in some REITs.
If this type of asset is created to Monero economy and imemdiately the REIT receives the cash-flow, it is converted to XMR and stored for a while and then paid as dividend, it creates some holding period for Moneros even if the owner of REIT share dumps the XMR at the moment he gets the dividend, so it is "postponing" some of the dumping... And of course like mining coins, some share holders will not dump but have faith in XMR and holds it (or part of it).

The idea is to attract the old-farts to Monero economy. They usually have some nice piles of cash sitting idle.   They are not that interested in gambling with odds of 75 % to lose all their investment but with 95 % to get some residual income.

I might be wrong with this idea, but I have a gut-feeling the old money understands this type of investing more than direct bets on Moner's success.
This should be taken as an idea of developing Monero economy and this idea can be rejected or developed further.
My idea is to try to figure out how to increase the demand for Monero and holding of the coin. There is still way too much dumping which need to be stopped so that the bull-trend can start.

You have to understand that there needs to be a productive economy (in this case: the game) from whose profits the dividends/interest is paid. The only option is a ponzi, and if you especially want to lose your coins, I am sure that someone can help you.

CK does not require you to "play" the game, but if you think you could get passive income at zero risk, you could as well go back to sleep. Zero risk is dreaming in 100% of the circumstances.

The only thing that can replace XMR at this point is Bitcoin with ring-sigs I think, and probably not even that. Or obvisouly something that pops out of the blue and way surpasses XMR for reasons not yet known.

Hmm... But I am not interested in playing game but only get passive income to MyMonero-wallet, is it possible to do it like that?
I am interested in getting actual Moneros back (not any ingame currency since I am not so much into playing games but making Moneros)   but I would love to "lease out" some Moneros for residual income.

Aminorex suggested XMR development bonds earlier :
https://bitcointalksearch.org/topic/m.10167989
https://bitcointalksearch.org/topic/m.10201676

Crypto Kingdom gold (CKG) paid 3,986 on 430,000 market price last week (0.93% per week). In addition it's been rising in value.

If you are interested in getting Moneros back 1:1, then the Long bond (1 year) was about 1.33% per week when last auctioned. The shorter-term bonds have been paying about 2.73%/week.

Is there any way possible to organize a dividend paying assets for Monero economy?
I prefer creating passive income for myself and I would be interested in that type of investment vehicle (however it would be organized).
I am sure there are plenty of other people who think in the same way, too. This could also bring investors that are not normally interested in gambling with the success of Monero.

For instance, there could be Monero denominated IPO and with that money the created corporation buys different (fiat denominated) assets that are safe and brings cashflow (such as real estates with premium-cashflow) and then pays dividends in Moneros for instance monthly/quarterly.
This creates some transactional demand for Monero since fiat income need to be converted into Monero, also there could be some holding period for those who want to dump the moneros back to fiat... Holding is something that brings the value for the currency anyway. Personally I could increase my Monero stack with this way and I would not be dumping at least even if the cashflow is on frequent basis (but I am not that sure if others think like I do).

In addition, even if you treasured the first few days so much and now feel sad, you can also take refuge on the fact that Monero is the only altcoin I have ever invested in, and therefore ALL the others have been and likely will continue to be rpietila-free!

Wat?!?!? You mean the first 37 days, back in 2014? You must be trolling.
Monero was launched 18 April 2014, rpietila got involed 25 May 2014 with his Altcoin Observer thread and a clear recommondation for Monero.

well... profit from it. its actually not that hard.

Monero was much better before rpietila get in. Now is he's playground. That suck.

Looks like the buy-support is back here.  

...Aaaand it is gone.

While most of the price is probably speculation, the anonymity factor is huge as compared to bitcoin. Also with the addition of xmr.to that adds real usefulness to Monero that has true value IMO.