Topic: [XMR] Monero Speculation - page 207. (Read 3314309 times)
^ Good point, I'll use that to argue vs some sock trolls that I could come across in these parts... But really now, he's just talking out of his ass. And I don't think he even took Vays as the interviewer seriously... A guy with that hair cut??
Amazingly, I think at least a little bit of Monero's slump today is due to what seems to be a bit of FUD executed by FAKESATOSHI.
https://twitter.com/ProfFaustus/status/1061229656081350656
He also took shots specifically at Monero in his recent interview with Tone Vays. The interview is *somehwt* interesting as it discusses the upcoming BCHABC BCHSV fork which should be pretty interesting IMO..
But here is the Monero/Privicy coin section.
https://youtu.be/ACEUOCoVvmw?t=3564
https://twitter.com/ProfFaustus/status/1061229656081350656
He also took shots specifically at Monero in his recent interview with Tone Vays. The interview is *somehwt* interesting as it discusses the upcoming BCHABC BCHSV fork which should be pretty interesting IMO..
But here is the Monero/Privicy coin section.
https://youtu.be/ACEUOCoVvmw?t=3564
So the guy who can't prove he's Satoshi is going to prove who everyone else is? I'm wondering what a psychoanalyst would make of that...
On a practical note, those 3 systems work in very different ways, so wouldn't he need 3 separate mechanisms for analysis? I guess we'll have to wait the year out biting our nails in feverish anticipation for doom's day or purchase whatever is sure to be the "better" solution. Crypto has anhilated my faith in mankind's motives--which isn't a bad thing, just makes me long for my youthful ignorance.
^ Wtf. Lol.
I tend to fall on the small block (at least for now) side of that argument, and believe bitcoin will find it's way in the end.
Montero does an interesting job of pointing to a lot of possible solutions though...
Yup and I tend to agree with the 'if you wanna scale, you should go off chain' argument. I think some Montereans would tend to agree too.
And generalizethis, Monero had its share of flaws too.
scale of testing != best implementation
The bug recently found underscores that even BTC, with its obvious limitations, isn't flawless or vetted enough. Also, there's the well-known fact, at least in this neck of the woods, that Bitcoin's aim to be an "eletronic cash" hasn't panned out.
If you had one job to do and couldn't do it, would you consider yourself the best?
The bug recently found underscores that even BTC, with its obvious limitations, isn't flawless or vetted enough. Also, there's the well-known fact, at least in this neck of the woods, that Bitcoin's aim to be an "eletronic cash" hasn't panned out.
If you had one job to do and couldn't do it, would you consider yourself the best?
I tend to fall on the small block (at least for now) side of that argument, and believe bitcoin will find it's way in the end.
Montero does an interesting job of pointing to a lot of possible solutions though...
Yup and I tend to agree with the 'if you wanna scale, you should go off chain' argument. I think some Montereans would tend to agree too.
And generalizethis, Monero had its share of flaws too.
But fungibility isn't one. I'm talking about the stated goal of being "electronic cash," which has been kick the can down the road problem for years with add on features that never address the issue head on. If anyone thinks that BTC will become cash in the next year, I'll take their bet.
This is an interesting discussion. Have you considered that fungibility could be pretty strong on layer 2? Granted this leaves us with a completely transparant base layer which presents it's own challenges.
This is actually at the crux why I believe Monero has a very unique value proposition. It is fundamentally something bitcoin may never be able to fundamentally be.
It's actually something BTC must not be cos if it goes that route (if it can) then it's value proposition as a transparent and accountable blockchain would be lost. I think there's value in everybody being able to audit and account everything with our own eyes than just trusting something to actually work (like Monero). Not saying it's a bad thing... As cAPSLOCK said, XMR has its own value proposition for a different class of people (good and bad).
Wait, regarding the bolded text, are you suggesting that Monero is not accountable? Because you can...
And regarding "fungible layer 2" argument, I want to respond in the form of a question... Let's just say we are talking about Bitcoin. What happens when the entire (>51%) Bitcoin economy goes off-chain? Better yet, would you be ok accepting a payment for a good/service you were selling, only to have to go back on-chain in order to exchange for fiat, and then you find out that your Coinbase account gets frozen because your coins are tainted in some way not suitable for them?
Opt-in transparency is the only logical solution for fungibility
I know, but if BTC became something like XMR, I don't think the governmentzz would be willing to give it more breathing space.
Anyway, interesting thought on what if > 51% goes off chain. XMR slaps everybody in the back of the head again: 'Tail emission b*tch'.
Amazingly, I think at least a little bit of Monero's slump today is due to what seems to be a bit of FUD executed by FAKESATOSHI.
https://twitter.com/ProfFaustus/status/1061229656081350656
He also took shots specifically at Monero in his recent interview with Tone Vays. The interview is *somehwt* interesting as it discusses the upcoming BCHABC BCHSV fork which should be pretty interesting IMO..
But here is the Monero/Privicy coin section.
https://youtu.be/ACEUOCoVvmw?t=3564
https://twitter.com/ProfFaustus/status/1061229656081350656
He also took shots specifically at Monero in his recent interview with Tone Vays. The interview is *somehwt* interesting as it discusses the upcoming BCHABC BCHSV fork which should be pretty interesting IMO..
But here is the Monero/Privicy coin section.
https://youtu.be/ACEUOCoVvmw?t=3564
Lol, I won't even give that scumbag the effort it takes to click that link. He just continues to show his true colors and I doubt he can effect any influence on our cap. Retards that listen to him don't even get what Monero represents and if they did then they obviously would not be listening to him.
I agree with you entirely. But the amazing part is there are a LOT of "retards" who believe in him. I think his FUD can move our price.
I also think he, or the other side of the BCH drama, or BOTH are using Monero (and ZCash and Dash (lol)) during the drama to wash the coins they make *during* the drama.
It's pretty good theater really.
Yeah, looks like cheap coins.
I wonder how low I can grab at?
ADDED:
Shit I love these new fee's
Code:
Transaction Fee: 0.00010000 You Will Get: 10.00090000
I didn't add enough zero's at first!
Amazingly, I think at least a little bit of Monero's slump today is due to what seems to be a bit of FUD executed by FAKESATOSHI.
https://twitter.com/ProfFaustus/status/1061229656081350656
He also took shots specifically at Monero in his recent interview with Tone Vays. The interview is *somehwt* interesting as it discusses the upcoming BCHABC BCHSV fork which should be pretty interesting IMO..
But here is the Monero/Privicy coin section.
https://youtu.be/ACEUOCoVvmw?t=3564
https://twitter.com/ProfFaustus/status/1061229656081350656
He also took shots specifically at Monero in his recent interview with Tone Vays. The interview is *somehwt* interesting as it discusses the upcoming BCHABC BCHSV fork which should be pretty interesting IMO..
But here is the Monero/Privicy coin section.
https://youtu.be/ACEUOCoVvmw?t=3564
Lol, I won't even give that scumbag the effort it takes to click that link. He just continues to show his true colors and I doubt he can effect any influence on our cap. Retards that listen to him don't even get what Monero represents and if they did then they obviously would not be listening to him.
I agree with you entirely. But the amazing part is there are a LOT of "retards" who believe in him. I think his FUD can move our price.
I also think he, or the other side of the BCH drama, or BOTH are using Monero (and ZCash and Dash (lol)) during the drama to wash the coins they make *during* the drama.
It's pretty good theater really.
Amazingly, I think at least a little bit of Monero's slump today is due to what seems to be a bit of FUD executed by FAKESATOSHI.
https://twitter.com/ProfFaustus/status/1061229656081350656
He also took shots specifically at Monero in his recent interview with Tone Vays. The interview is *somehwt* interesting as it discusses the upcoming BCHABC BCHSV fork which should be pretty interesting IMO..
But here is the Monero/Privicy coin section.
https://youtu.be/ACEUOCoVvmw?t=3564
https://twitter.com/ProfFaustus/status/1061229656081350656
He also took shots specifically at Monero in his recent interview with Tone Vays. The interview is *somehwt* interesting as it discusses the upcoming BCHABC BCHSV fork which should be pretty interesting IMO..
But here is the Monero/Privicy coin section.
https://youtu.be/ACEUOCoVvmw?t=3564
Lol, I won't even give that scumbag the effort it takes to click that link. He just continues to show his true colors and I doubt he can effect any influence on our cap. Retards that listen to him don't even get what Monero represents and if they did then they obviously would not be listening to him.
Amazingly, I think at least a little bit of Monero's slump today is due to what seems to be a bit of FUD executed by FAKESATOSHI.
https://twitter.com/ProfFaustus/status/1061229656081350656
He also took shots specifically at Monero in his recent interview with Tone Vays. The interview is *somehwt* interesting as it discusses the upcoming BCHABC BCHSV fork which should be pretty interesting IMO..
But here is the Monero/Privicy coin section.
https://youtu.be/ACEUOCoVvmw?t=3564
https://twitter.com/ProfFaustus/status/1061229656081350656
He also took shots specifically at Monero in his recent interview with Tone Vays. The interview is *somehwt* interesting as it discusses the upcoming BCHABC BCHSV fork which should be pretty interesting IMO..
But here is the Monero/Privicy coin section.
https://youtu.be/ACEUOCoVvmw?t=3564
Ok, I have some thinkingtime now, as I actually filed IRS, CRA, NYS ahead of the deadline for once. (My happiest tax payment ever thanks to forethought and a god-send of an accountant.) So now it is time to speculate.
Winter is ending. Barring major persistent geopolitical shock, U.S. stocks should have a blow off top this Summer, but I don't expect BTC new highs, nor XMR, until fall. My EOY central estimates are now SPX 2700±200 (after a 3000+ ATH), BTC 25000±5000 (no extrema), XMR 900±300 (no extrema) with UST to end closer to 2% than today, after a low near 3%. ± factors are roughly proportionate to estimated volatility, obvly. In 2019 the crypto/equity ratio should, on balance, increase, out to 2024 before reversing the cycle trend. For Summer I like oil and coal, and for EOY I hate industrial metals.
I admit experiencing some schadenfreude when observing that XMR is at 40% of it's highs while ZEC (the nearest functional comparable) is at 30% of it's highs. (Is the market saying XMR is 33% better?) Time will out whether the levels or the volatilities hold the stronger trend, but I expect a middle course as they both recover, disregarding for the moment both fundamentals and catalysing events.
Winter is ending. Barring major persistent geopolitical shock, U.S. stocks should have a blow off top this Summer, but I don't expect BTC new highs, nor XMR, until fall. My EOY central estimates are now SPX 2700±200 (after a 3000+ ATH), BTC 25000±5000 (no extrema), XMR 900±300 (no extrema) with UST to end closer to 2% than today, after a low near 3%. ± factors are roughly proportionate to estimated volatility, obvly. In 2019 the crypto/equity ratio should, on balance, increase, out to 2024 before reversing the cycle trend. For Summer I like oil and coal, and for EOY I hate industrial metals.
I admit experiencing some schadenfreude when observing that XMR is at 40% of it's highs while ZEC (the nearest functional comparable) is at 30% of it's highs. (Is the market saying XMR is 33% better?) Time will out whether the levels or the volatilities hold the stronger trend, but I expect a middle course as they both recover, disregarding for the moment both fundamentals and catalysing events.
Time is running out and you're close to being dead wrong on BTC and XMR.
But fungibility isn't one. I'm talking about the stated goal of being "electronic cash," which has been kick the can down the road problem for years with add on features that never address the issue head on. If anyone thinks that BTC will become cash in the next year, I'll take their bet.
Here's a guy you may want to speak to if you want to make that bet:
https://twitter.com/austorms/status/1055635490030919680
Yo dip into my buy dammit!
Mid of November going to be interesting 
Are you referring to Bakkt? I don't pretend to understand much about this market but it seems there are conflicting opinions as to the effect of Bakkt on the price of Bitcoin. There seems to be little price appreciation so far and we're less than five weeks away.
^ Wtf. Lol.
I tend to fall on the small block (at least for now) side of that argument, and believe bitcoin will find it's way in the end.
Montero does an interesting job of pointing to a lot of possible solutions though...
Yup and I tend to agree with the 'if you wanna scale, you should go off chain' argument. I think some Montereans would tend to agree too.
And generalizethis, Monero had its share of flaws too.
scale of testing != best implementation
The bug recently found underscores that even BTC, with its obvious limitations, isn't flawless or vetted enough. Also, there's the well-known fact, at least in this neck of the woods, that Bitcoin's aim to be an "eletronic cash" hasn't panned out.
If you had one job to do and couldn't do it, would you consider yourself the best?
The bug recently found underscores that even BTC, with its obvious limitations, isn't flawless or vetted enough. Also, there's the well-known fact, at least in this neck of the woods, that Bitcoin's aim to be an "eletronic cash" hasn't panned out.
If you had one job to do and couldn't do it, would you consider yourself the best?
I tend to fall on the small block (at least for now) side of that argument, and believe bitcoin will find it's way in the end.
Montero does an interesting job of pointing to a lot of possible solutions though...
Yup and I tend to agree with the 'if you wanna scale, you should go off chain' argument. I think some Montereans would tend to agree too.
And generalizethis, Monero had its share of flaws too.
But fungibility isn't one. I'm talking about the stated goal of being "electronic cash," which has been kick the can down the road problem for years with add on features that never address the issue head on. If anyone thinks that BTC will become cash in the next year, I'll take their bet.
This is an interesting discussion. Have you considered that fungibility could be pretty strong on layer 2? Granted this leaves us with a completely transparant base layer which presents it's own challenges.
This is actually at the crux why I believe Monero has a very unique value proposition. It is fundamentally something bitcoin may never be able to fundamentally be.
It's actually something BTC must not be cos if it goes that route (if it can) then it's value proposition as a transparent and accountable blockchain would be lost. I think there's value in everybody being able to audit and account everything with our own eyes than just trusting something to actually work (like Monero). Not saying it's a bad thing... As cAPSLOCK said, XMR has its own value proposition for a different class of people (good and bad).
Wait, regarding the bolded text, are you suggesting that Monero is not accountable? Because you can...
And regarding "fungible layer 2" argument, I want to respond in the form of a question... Let's just say we are talking about Bitcoin. What happens when the entire (>51%) Bitcoin economy goes off-chain? Better yet, would you be ok accepting a payment for a good/service you were selling, only to have to go back on-chain in order to exchange for fiat, and then you find out that your Coinbase account gets frozen because your coins are tainted in some way not suitable for them?
Opt-in transparency is the only logical solution for fungibility
Ha
https://blockmanity.com/news/bitcoin/early-bitcoin-adopter-gavin-newsom-gets-elected-governor-of-california/
https://blockmanity.com/news/bitcoin/early-bitcoin-adopter-gavin-newsom-gets-elected-governor-of-california/
Quote
There have been controversies this year over politicians accepting Cryptocurrency donations to their campaigns. Due to worries about foreign interference especially with the use of privacy coins like Monero,
Shit forgot a few old sells I had from when the price was .0145 @ .0172 for spikes and they got filled.
Now I gotta buy back in the dip.
Now I gotta buy back in the dip.
The Monero Moon (Issue 9) is out now. Get your weekly Monero newsletter fix right here kids!
https://medium.com/@johnfoss/the-monero-moon-issue-9-f05526401aa3
https://medium.com/@johnfoss/the-monero-moon-issue-9-f05526401aa3
Monero seems to have a much greater power in the future. It is a really impressive project and it performs well. Monero is one of the most solid projects in this market.
^ Wtf. Lol.
I tend to fall on the small block (at least for now) side of that argument, and believe bitcoin will find it's way in the end.
Montero does an interesting job of pointing to a lot of possible solutions though...
Yup and I tend to agree with the 'if you wanna scale, you should go off chain' argument. I think some Montereans would tend to agree too.
And generalizethis, Monero had its share of flaws too.
scale of testing != best implementation
The bug recently found underscores that even BTC, with its obvious limitations, isn't flawless or vetted enough. Also, there's the well-known fact, at least in this neck of the woods, that Bitcoin's aim to be an "eletronic cash" hasn't panned out.
If you had one job to do and couldn't do it, would you consider yourself the best?
The bug recently found underscores that even BTC, with its obvious limitations, isn't flawless or vetted enough. Also, there's the well-known fact, at least in this neck of the woods, that Bitcoin's aim to be an "eletronic cash" hasn't panned out.
If you had one job to do and couldn't do it, would you consider yourself the best?
I tend to fall on the small block (at least for now) side of that argument, and believe bitcoin will find it's way in the end.
Montero does an interesting job of pointing to a lot of possible solutions though...
Yup and I tend to agree with the 'if you wanna scale, you should go off chain' argument. I think some Montereans would tend to agree too.
And generalizethis, Monero had its share of flaws too.
But fungibility isn't one. I'm talking about the stated goal of being "electronic cash," which has been kick the can down the road problem for years with add on features that never address the issue head on. If anyone thinks that BTC will become cash in the next year, I'll take their bet.
This is an interesting discussion. Have you considered that fungibility could be pretty strong on layer 2? Granted this leaves us with a completely transparant base layer which presents it's own challenges.
This is actually at the crux why I believe Monero has a very unique value proposition. It is fundamentally something bitcoin may never be able to fundamentally be.
It's actually something BTC must not be cos if it goes that route (if it can) then it's value proposition as a transparent and accountable blockchain would be lost. I think there's value in everybody being able to audit and account everything with our own eyes than just trusting something to actually work (like Monero). Not saying it's a bad thing... As cAPSLOCK said, XMR has its own value proposition for a different class of people (good and bad).
Mid of November going to be interesting
^ Wtf. Lol.
I tend to fall on the small block (at least for now) side of that argument, and believe bitcoin will find it's way in the end.
Montero does an interesting job of pointing to a lot of possible solutions though...
Yup and I tend to agree with the 'if you wanna scale, you should go off chain' argument. I think some Montereans would tend to agree too.
And generalizethis, Monero had its share of flaws too.
scale of testing != best implementation
The bug recently found underscores that even BTC, with its obvious limitations, isn't flawless or vetted enough. Also, there's the well-known fact, at least in this neck of the woods, that Bitcoin's aim to be an "eletronic cash" hasn't panned out.
If you had one job to do and couldn't do it, would you consider yourself the best?
The bug recently found underscores that even BTC, with its obvious limitations, isn't flawless or vetted enough. Also, there's the well-known fact, at least in this neck of the woods, that Bitcoin's aim to be an "eletronic cash" hasn't panned out.
If you had one job to do and couldn't do it, would you consider yourself the best?
I tend to fall on the small block (at least for now) side of that argument, and believe bitcoin will find it's way in the end.
Montero does an interesting job of pointing to a lot of possible solutions though...
Yup and I tend to agree with the 'if you wanna scale, you should go off chain' argument. I think some Montereans would tend to agree too.
And generalizethis, Monero had its share of flaws too.
But fungibility isn't one. I'm talking about the stated goal of being "electronic cash," which has been kick the can down the road problem for years with add on features that never address the issue head on. If anyone thinks that BTC will become cash in the next year, I'll take their bet.
I'm not sure that 'electronic cash' is a problem that BTC can't or won't address - at least, not yet. No doubt the ideas surrounding the purpose of BTC have changed over the years, but if BTC is to follow the narrative as illustrated by, among others, Vijay Boyapati (see https://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-part-3-of-4-2e2c002593f1) then BTC must first become an established and trusted SOV before it can ever become a MOE. That will be some years yet - definitely not in the next year.
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