[XMR] Monero Speculation - page 2083.

ArticMine

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Monero Core Team

Quote from: ?? on ??

Quote from: rdnkjdi on January 04, 2015, 10:49:32 PM

Quote

My forecast for 2015: A bloodbath, just in the end we'll see a new #1 and BTC biten the dust (with BTC Bagholders still being in denial)

I actually agree with this although I don't know that it will happen in 2015. Crypto can't go anywhere with a revolving door of trading leaders every few years because it's not economically viable. That said - I feel Bitcoin's economic model is broken with the trending towards 0 block reward.

I actually find Ethereum's ongoing distribution model much more geared towards what makes sense to me in a growing economic structure.

Not only that, the entire Bitcoin culture was built around the coin having a fix block reward until 0 and it being transparent with linkable transactions both aspects are core to the Bitcoin philosophy and I believe they have their place but for the end user they don't make much sense, Moneros approach is more refined.

A more immediate issue will be the 1MB block size limit in Bitcoin, which does not affect Monero.

smooth

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Quote from: grendel25 on January 04, 2015, 11:50:33 PM

Quote from: smooth on January 04, 2015, 10:57:14 PM

Quote from: rdnkjdi on January 04, 2015, 10:49:32 PM

Quote

My forecast for 2015: A bloodbath, just in the end we'll see a new #1 and BTC biten the dust (with BTC Bagholders still being in denial)

I actually agree with this although I don't know that it will happen in 2015. Crypto can't go anywhere with a revolving door of trading leaders every few years because it's not economically viable. That said - I feel Bitcoin's economic model is broken with the trending towards 0 block reward.

I actually find Ethereum's ongoing distribution model much more geared towards what makes sense to me in a growing economic structure.

Monero and Ethereum will have a similar reward structure in several years.

So coins can just restructure? Why wouldn't btc just restructure? But really, I'm all for more coin options in the crypto world so I hope XMR or others can be more competitive.

There is no restructuring. Monero was designed with a fixed minimum maintenance reward, which is the same as Ethereum once you get past the first several years. In the first few years they are quite different, but then they end up in the same place. Ethereum has a premine/ICO then then a fixed reward, Monero has a smooth declining reward.

This is no coincidence -- many have questioned the logic of bitcoin's decline-to-zero structure, and many believe it will need to change (or see Bitcoin fail). Adam Back said something about maybe there would be a consensus to slow down the curve once the issue becomes more pressing, which gave me a bit of a laugh.

grendel25

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Quote from: smooth on January 04, 2015, 10:57:14 PM

Quote from: rdnkjdi on January 04, 2015, 10:49:32 PM

Quote

My forecast for 2015: A bloodbath, just in the end we'll see a new #1 and BTC biten the dust (with BTC Bagholders still being in denial)

I actually agree with this although I don't know that it will happen in 2015. Crypto can't go anywhere with a revolving door of trading leaders every few years because it's not economically viable. That said - I feel Bitcoin's economic model is broken with the trending towards 0 block reward.

I actually find Ethereum's ongoing distribution model much more geared towards what makes sense to me in a growing economic structure.

Monero and Ethereum will have a similar reward structure in several years.

So coins can just restructure? Why wouldn't btc just restructure? But really, I'm all for more coin options in the crypto world so I hope XMR or others can be more competitive.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: rdnkjdi on January 04, 2015, 10:49:32 PM

Quote

My forecast for 2015: A bloodbath, just in the end we'll see a new #1 and BTC biten the dust (with BTC Bagholders still being in denial)

I actually agree with this although I don't know that it will happen in 2015. Crypto can't go anywhere with a revolving door of trading leaders every few years because it's not economically viable. That said - I feel Bitcoin's economic model is broken with the trending towards 0 block reward.

I actually find Ethereum's ongoing distribution model much more geared towards what makes sense to me in a growing economic structure.

Monero and Ethereum will have a similar reward structure in several years.

rdnkjdi

legendary

Activity: 1256

Merit: 1009

Quote

My forecast for 2015: A bloodbath, just in the end we'll see a new #1 and BTC biten the dust (with BTC Bagholders still being in denial)

I actually agree with this although I don't know that it will happen in 2015. Crypto can't go anywhere with a revolving door of trading leaders every few years because it's not economically viable. That said - I feel Bitcoin's economic model is broken with the trending towards 0 block reward.

I actually find Ethereum's ongoing distribution model much more geared towards what makes sense to me in a growing economic structure.

e-coinomist

legendary

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Money often costs too much.

Quote from: drawingthesun on January 04, 2015, 10:20:37 AM

If 2015 is the year the alts really start to take on Bitcoin as number one, I wonder if Monero will be up there with the other giants, Ethereum, Bitshares, etc...

My fear is that Monero gets left behind.

On the list of your Giants I do hope for that "etc..." coin Cheesy

since the others are doh

My forecast for 2015: A bloodbath, just in the end we'll see a new #1 and BTC biten the dust (with BTC Bagholders still beeing in denial)

Hueristic

legendary

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Doomed to see the future and unable to prevent it

Quote from: farfiman on January 04, 2015, 02:25:58 PM

Quote from: Hueristic on January 04, 2015, 12:19:02 PM

Hi guys, Trying to buy but damn bots keep jumping over me. How do you guys deal with that?

Also I have 1 BTC I bought on coinbase @303 (Doh) and want to buy XMR with it. does anyone want to sell to me and lock in the price now?

If it's not to bad just buy at market price. In the long term it's not much difference.

Done, thx guys.

farfiman

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Quote from: Hueristic on January 04, 2015, 12:19:02 PM

Hi guys, Trying to buy but damn bots keep jumping over me. How do you guys deal with that?

Also I have 1 BTC I bought on coinbase @303 (Doh) and want to buy XMR with it. does anyone want to sell to me and lock in the price now?

If it's not to bad just buy at market price. In the long term it's not much difference.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: jwinterm on January 04, 2015, 12:32:42 PM

Quote from: Hueristic on January 04, 2015, 12:19:02 PM

Hi guys, Trying to buy but damn bots keep jumping over me. How do you guys deal with that?

Also I have 1 BTC I bought on coinbase @303 (Doh) and want to buy XMR with it. does anyone want to sell to me and lock in the price now?

Quote

Hi Hueristic,

This email is to confirm that you initiated a purchase of 1.00 BTC for $304.68 on January 03, 2015, at 08:10AM to be paid for with .

Your bitcoin will arrive by the end of day on January 09, 2015.

You might try bugging people in #monero-otc on Freenode. Fluffypony is usually willing to bend over backwards to help people, in my limited observational experience.

Thx.

jwinterm

legendary

Activity: 3164

Merit: 1118

Quote from: Hueristic on January 04, 2015, 12:19:02 PM

Hi guys, Trying to buy but damn bots keep jumping over me. How do you guys deal with that?

Also I have 1 BTC I bought on coinbase @303 (Doh) and want to buy XMR with it. does anyone want to sell to me and lock in the price now?

Quote

Hi Hueristic,

This email is to confirm that you initiated a purchase of 1.00 BTC for $304.68 on January 03, 2015, at 08:10AM to be paid for with .

Your bitcoin will arrive by the end of day on January 09, 2015.

You might try bugging people in #monero-otc on Freenode. Fluffypony is usually willing to bend over backwards to help people, in my limited observational experience.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Hi guys, Trying to buy but damn bots keep jumping over me. How do you guys deal with that?

Also I have 1 BTC I bought on coinbase @303 (Doh) and want to buy XMR with it. does anyone want to sell to me and lock in the price now?

Quote

Hi Hueristic,

This email is to confirm that you initiated a purchase of 1.00 BTC for $304.68 on January 03, 2015, at 08:10AM to be paid for with .

Your bitcoin will arrive by the end of day on January 09, 2015.

drawingthesun

legendary

Activity: 1176

Merit: 1015

If 2015 is the year the alts really start to take on Bitcoin as number one, I wonder if Monero will be up there with the other giants, Ethereum, Bitshares, etc...

My fear is that Monero gets left behind.

TrueCryptonaire

legendary

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We need more dumpesters indeed. Cry

ArticMine

legendary

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Monero Core Team

Quote from: ?? on ??

The market just keeps running away from my bids. Things are NOT going as planned. Cry

In the midst of a falling XBT/USD price. Hmm...

saddambitcoin

legendary

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Dump XMR at your own risk! Haha

jehst

hero member

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Merit: 1000

21 million. I want them all.

Up 10% against BTC. There have been several days where almost every major coin is totally red except for Monero. I find that very interesting. As we've discussed, XMR is a hedge. There's some small (but not minuscule) chance that XMR ascends to the crypto throne, or at least becomes part of a ruling triumvirate in the crypto world. The Lepidus to BTC's Octavian. That chance grows significantly as bitcoin moves back down towards the 100s and Mark Antony's LTC remains bed-ridden with disease. There are at least a few big players in the market who realize this. The hardcore cryptoanarchist geeks like Satoshi, if he's still around, are almost certainly paying attention to Cryptonote technology.

SmoothCurves

sr. member

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Quote from: Hueristic on January 03, 2015, 09:14:36 AM

Quote from: GingerAle on January 03, 2015, 08:31:58 AM

i know it probably happens often, and when it does its only fleeting...

but BTC just dipped below 300$.

and everything else shows a -% 24 hr change leading all the way up to 19 (XMR) +1.82% on coinmarketcap, (except for Supernet, which isn't even a currency)

silly markets

How low will BTC go? Time to buy. Cheesy

Almost time: https://www.tradingview.com/v/pq2k6uCL/ probably down somewhere between $230-280

S3052

legendary

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Updated monero price forecast:
http://bullbearanalytics.com/2015/01/03/monero-price-forecast-track/

Hueristic

legendary

Activity: 3836

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Doomed to see the future and unable to prevent it

Quote from: GingerAle on January 03, 2015, 08:31:58 AM

i know it probably happens often, and when it does its only fleeting...

but BTC just dipped below 300$.

and everything else shows a -% 24 hr change leading all the way up to 19 (XMR) +1.82% on coinmarketcap, (except for Supernet, which isn't even a currency)

silly markets

How low will BTC go? Time to buy. Cheesy

GingerAle

legendary

Activity: 1260

Merit: 1008

i know it probably happens often, and when it does its only fleeting...

but BTC just dipped below 300$.

and everything else shows a -% 24 hr change leading all the way up to 19 (XMR) +1.82% on coinmarketcap, (except for Supernet, which isn't even a currency)

silly markets

Topic: [XMR] Monero Speculation - page 2083. (Read 3314316 times)