[XMR] Monero Speculation - page 2096.

TrueCryptonaire

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Quote from: rikkejohn on December 24, 2014, 10:19:23 PM

I'm confident it will die, it is unfinished technically, yet the technology exists to finish it. So nobody with means is investing, just he same people. There s no need for it either, BTC is the only coin that has a chance due to familiarity.

XMR is niche, it has to stay small. If it attempts to dominate it will fail.

Nice try. I want the price lower, too. Grin

I remind you there is a clear need for privacy and this is probably the only niche which btc doesn't serve - and it is kind of expected from cryptocurrencies.

Also I want to remind you about the fact that the current community is capable to buy it much higher price but we prefer buying it low (yes, current price is comparatively low if we consider My Target Price which is Moon^tm).

TrueCryptonaire

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Quote from: smooth on December 24, 2014, 03:55:19 PM

Quote from: aminorex on December 24, 2014, 01:34:59 PM

Crypto-Kingdom development.

Crypto-Kingdom development is ongoing of course. The quarry subgame has been a great success and a preview of future engaging subgames. It was recently noted that the CK is on the third page of most viewed threads of all time in the alt area, and the thread is very active, so this ranking is sure to move higher.

There is a hint of a market-relevant development in one of the latest status reports.

Quote from: rpietila on December 23, 2014, 07:56:32 AM

We confirm the rumor that the distant land of Polonia has an exchange where some of our gold might be listed. If it happens, it will be timed to coincide around the release of V.4 playable online version, and the condition is that the existing characters transfer some of their gold there with the intention to sell it. Otherwise the liquidity will not be meaningful.

How do you see this affects on XMR if CKG is listed? Isn't it a competitor to XMR?

Hueristic

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Doomed to see the future and unable to prevent it

Quote from: rikkejohn on December 24, 2014, 10:19:23 PM

I'm confident it will die, it is unfinished technically, yet the technology exists to finish it. So nobody with means is investing, just he same people. There s no need for it either, BTC is the only coin that has a chance due to familiarity.

XMR is niche, it has to stay small. If it attempts to dominate it will fail.

Still trying to buy low huh.

rikkejohn

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Activity: 644

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I'm confident it will die, it is unfinished technically, yet the technology exists to finish it. So nobody with means is investing, just he same people. There s no need for it either, BTC is the only coin that has a chance due to familiarity.

XMR is niche, it has to stay small. If it attempts to dominate it will fail.

smooth

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Activity: 2968

Merit: 1198

Quote from: aminorex on December 24, 2014, 01:34:59 PM

Crypto-Kingdom development.

Crypto-Kingdom development is ongoing of course. The quarry subgame has been a great success and a preview of future engaging subgames. It was recently noted that the CK is on the third page of most viewed threads of all time in the alt area, and the thread is very active, so this ranking is sure to move higher.

There is a hint of a market-relevant development in one of the latest status reports.

Quote from: rpietila on December 23, 2014, 07:56:32 AM

We confirm the rumor that the distant land of Polonia has an exchange where some of our gold might be listed. If it happens, it will be timed to coincide around the release of V.4 playable online version, and the condition is that the existing characters transfer some of their gold there with the intention to sell it. Otherwise the liquidity will not be meaningful.

aminorex

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Sine secretum non libertas

Quote from: SmoothCurves on December 24, 2014, 02:19:43 PM

Any guesses on what we can expect the XMR price to be circa the next BTC block reward halving in July 2016? Mine is around $80USD per XMR

I think XMR should have displaced BTC from dominance of dark markets by that time. Hence I think something north of 80, in fact north of the peak SR1 era BTC market cap. Without looking it up, float should be about 12 million, and a 2.4bn cap would put XMRUSD at 200.

Hueristic

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Doomed to see the future and unable to prevent it

Still waiting on BTC to drop below 300 but it doesn't look like it's going to happen. I better grab some before the price rebounds. wish me luck on the poker tables, the amount I buy depends on my winnings or losses. LOL Down 1800 right now.

SmoothCurves

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Any guesses on what we can expect the XMR price to be circa the next BTC block reward halving in July 2016? Mine is around $80USD per XMR

aminorex

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Sine secretum non libertas

I am guessing the uptrend is due to insider buying on an upcoming event, perhaps DB+GUI release, or a Crypto-Kingdom development.

Alternatively, we have new accumulator(s).

I would prefer the former, as the latter is less predictable and implies more competition for coins.

Bassica

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Someone was happy with the voting results I guess. Solid walls. 60btc @ 0.0012 en 40btc @ 0.00114

Bassica

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Quote from: aminorex on December 23, 2014, 01:05:05 PM

Quote from: dEBRUYNE on December 22, 2014, 06:04:29 PM

many early btc adopters have a big stake in LTC seeing it as the silver to gold

If that were true, XMR would be platinum.

I like this one as a marketing gimmick

Would we be the first coin to claim this?

Quote from: jehst on December 23, 2014, 01:48:31 PM

Quote from: Bassica on December 23, 2014, 12:37:52 PM

Quote from: TrueCryptonaire on December 22, 2014, 08:43:59 AM

2015 price target 2-3 usd/xmr with minirallies to 6-7$ (0.003-0.005 vs 600 btc/$)
2016 price target 5-15 usd/xmr (0.005-0.015 vs 1000 btc/$)
2017 price target 35-65 usd/xmr (0.015-0.025 vs 2500 btc/$)
2018 price target 125-375 usd/xmr (0.025-0.075 vs 5000 btc/$
2019 price target 750-1000 usd/xmr (0.075-0.1 vs 10000 btc/$)
2020 price target 0 successful government crackdown using a supersecret quantum computer obfuscating ring sigs.

Because 2014 is almost over, let's do some wild predictions Tongue

Your bitcoin predictions are depressing. $600/btc in 2015?

Well first of all, it's only simplistic speculation (don't only fools do that?

). So many factors in play it's nearly impossible to make a educated guess. Having said that, I think (as was discussed above) that there's this gradual shift from pure speculation to adoption/usability. The VC-funding and the many entrepeneurs in the ecosphere play a big role here, but also the current users being ambassadors. If we can 'up' our base from ~100 in 2013, ~300 2014 to ~600 in 2015 I'd say we've done quite (extremely!) well. This doesn't mean permanent sideways action in this region, it'll probably be with spikes and valleys since this is bitcoin. Fixed supply vs fluctuating demand. Maybe a rally to 800 and some lows in the 300-400. Think what it'll do to the image as well. Leaving the infancy-period and getting a bit more stable price-wise with the years passing. Then if BTC will go into it's adolescence period we'll see growth spurts.

Quote from: ?? on ??

Quote from: aminorex on December 23, 2014, 06:21:48 PM

This is by far the largest 1 week gain (as %) since the FUD storm era. Anyone who bought below 001 and does not want to hold for the long run should probably sell now. Preferably, to me.

On a tear... 0.0013
Fairly pleased with my doubling down @ .0010x range now, though the dip to 0.00091 had me a bit shocked immediately after Cool

If I was a trader I might even take some profits here. So far though, I haven't figured out how to sell, only buy. Cheesy

It is possible to sell?! Huh

I guess poloniex disabled that feature for me in these regions..

Bassica

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Quote from: Peter Todd on December 24, 2014, 03:09:25 AM

Quote from: smooth on December 23, 2014, 08:57:09 AM

It means it would be so extensively modified to be almost unrecognizable by the time you were done.

Monero was just not a good fit for the type of work Peter wanted to do, which was to focus on working on coins that all use the same code base so his existing knowledge of the code would be valuable and provide synergies for him between projects. That's exactly what he told us.

+1

Each project you get yourself involved with is a significant mental overhead, especially when what the codebase is doing is similar, but not 100% identical, to other codebases you work on. Even on Bitcoin itself I specialize on one specific aspect of it, the consensus critical code, and within that, the scripting system.

Yeah, I understand, makes sense.

I (falsely) interpreteded that twitter message with a certain undertone. In a lot of (corporate/official) communication if something like that is said, you can bet there was a conflict of some sort. Glad to hear it was more nuanced

Maybe in time this community/project proves to be worth the investment of getting up to speed with the different codebase. Would be awesome to have a bitcoin-hero with a legacy like you on board.

Peter Todd

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Quote from: smooth on December 23, 2014, 08:57:09 AM

It means it would be so extensively modified to be almost unrecognizable by the time you were done.

Monero was just not a good fit for the type of work Peter wanted to do, which was to focus on working on coins that all use the same code base so his existing knowledge of the code would be valuable and provide synergies for him between projects. That's exactly what he told us.

+1

Each project you get yourself involved with is a significant mental overhead, especially when what the codebase is doing is similar, but not 100% identical, to other codebases you work on. Even on Bitcoin itself I specialize on one specific aspect of it, the consensus critical code, and within that, the scripting system.

G2M

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Activity: 616

Happy I got everything back, and then some, in time Cheesy

Speculation: We're worth at least one single block of bitcoin (as ten minutes) per day at this point in time. That's technically .694% of all the hopes and dreams going into cryptocurrencies every day, relative only to those toward bitcoin.

Let's see where it goes.

aminorex

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Sine secretum non libertas

This is by far the largest 1 week gain (as %) since the FUD storm era. Anyone who bought below 001 and does not want to hold for the long run should probably sell now. Preferably, to me.

coinits

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011110000110110101110010

Quote from: rangedriver on December 23, 2014, 02:29:09 PM

Quote from: coinits on December 23, 2014, 12:50:33 PM

Quote from: Bassica on December 23, 2014, 12:37:52 PM

Quote from: TrueCryptonaire on December 22, 2014, 08:43:59 AM

2015 price target 2-3 usd/xmr with minirallies to 6-7$ (0.003-0.005 vs 600 btc/$)
2016 price target 5-15 usd/xmr (0.005-0.015 vs 1000 btc/$)
2017 price target 35-65 usd/xmr (0.015-0.025 vs 2500 btc/$)
2018 price target 125-375 usd/xmr (0.025-0.075 vs 5000 btc/$
2019 price target 750-1000 usd/xmr (0.075-0.1 vs 10000 btc/$)
2020 price target 0 successful government crackdown using a supersecret quantum computer obfuscating ring sigs.

Because 2014 is almost over, let's do some wild predictions Tongue

OK Here is me gone wild - same thing I suggested for a POC coin:

DEVS will start a crowd funding project on Max Keiser's http://startjoin.com to get some much needed development cash and then one or more of the team will be interviewed by Max on his RT.com show: The Keiser Report. Then Monero to the moon.

It actually amazes me devs of any coin haven't done this yet - I've been saying this for the past year.

Sooner or later a coin is gonna figure this simple strategy out. Too bad I can't code.

Yeah and the beauty is that the funding can pay for the trinkets, such as t-shirts, coffee mugs. Costs nothing and everything to gain. Perhaps a a few days lodging in the castle for the super donators, if you know who would agree.

rangedriver

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Quote from: coinits on December 23, 2014, 12:50:33 PM

Quote from: Bassica on December 23, 2014, 12:37:52 PM

Quote from: TrueCryptonaire on December 22, 2014, 08:43:59 AM

2015 price target 2-3 usd/xmr with minirallies to 6-7$ (0.003-0.005 vs 600 btc/$)
2016 price target 5-15 usd/xmr (0.005-0.015 vs 1000 btc/$)
2017 price target 35-65 usd/xmr (0.015-0.025 vs 2500 btc/$)
2018 price target 125-375 usd/xmr (0.025-0.075 vs 5000 btc/$
2019 price target 750-1000 usd/xmr (0.075-0.1 vs 10000 btc/$)
2020 price target 0 successful government crackdown using a supersecret quantum computer obfuscating ring sigs.

Because 2014 is almost over, let's do some wild predictions Tongue

OK Here is me gone wild - same thing I suggested for a POC coin:

DEVS will start a crowd funding project on Max Keiser's http://startjoin.com to get some much needed development cash and then one or more of the team will be interviewed by Max on his RT.com show: The Keiser Report. Then Monero to the moon.

It actually amazes me devs of any coin haven't done this yet - I've been saying this for the past year.

Sooner or later a coin is gonna figure this simple strategy out. Too bad I can't code.

ArticMine

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Monero Core Team

Quote from: Wexlike on December 23, 2014, 10:13:40 AM

I just fulfilled my dream to reach a specific percentage of the current bitcoin supply, it took me just a little more than a year.

My next goal is to accumulate 0,1% of the current monero supply. For that, i will buy daily for 12$(that is everything i can afford Roll Eyes

). It's not much, and all you whales will make fun of me, but it adds up over time and I still really like the coin and the people who are involved in it. (and obviously the conversations in this topic)

Overall I think the current price is a great long term opportunity. Especially if you keep in mind the slowing inflation, the future development milestones and the need for anonymity.

First congratulations on meeting your XBT goal. Dollar cost averaging XMR in this fashion is a very good strategy since the short term volatility works very much in your favour. I really like the daily cost averaging. It is also obvious that you have done your homework here, the timing of this post gives that away. Wink

As for whales making fun of you because of the cost averaging amount, I very much doubt it, what is far more likely however is that you become a whale. Many whales got started with small amounts and not just in crypto-currency.

Hueristic

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Doomed to see the future and unable to prevent it

Quote from: nakaone on December 22, 2014, 07:09:31 PM

...

nevertheless it has the most unique feature in the entire cryptospehere - it combines neutrality, privacy and decentralisation and probably being the first mover here.

I would add probably the best DEV team in the scene.

Quote from: smooth on December 23, 2014, 03:28:15 AM

...

Also, I found this recent article about LTC somewhat interesting: https://www.cryptocoinsnews.com/litecoin-creator-charlie-lee-claims-litecoin-not-need-development-says-adding-gimmicks-not-help-currency-succeed/

Another nail in LTC's coffin.

Quote from: jehst on December 23, 2014, 08:06:44 AM

Quote from: smooth on December 23, 2014, 07:55:52 AM

It would require extensive modifications, and not really be the same code base anymore in a useful sense. Also, he never volunteered to do that (even for pay), he simply decided to go take other work that didn't have a learning curve.

It looks like "mixcoin" wanted to do ring signatures on the satoshi codebase but the project was abandoned.

https://cryptocointalk.com/topic/13012-pre-ann-mixcoin-mix-1st-satoshi-cryptonote-true-anontech/

Probably not as easy as "Just graft it on, bro."

I think SDC is trying that as well.

dEBRUYNE

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Quote from: jehst on December 23, 2014, 01:48:31 PM

Quote from: Bassica on December 23, 2014, 12:37:52 PM

Quote from: TrueCryptonaire on December 22, 2014, 08:43:59 AM

2015 price target 2-3 usd/xmr with minirallies to 6-7$ (0.003-0.005 vs 600 btc/$)
2016 price target 5-15 usd/xmr (0.005-0.015 vs 1000 btc/$)
2017 price target 35-65 usd/xmr (0.015-0.025 vs 2500 btc/$)
2018 price target 125-375 usd/xmr (0.025-0.075 vs 5000 btc/$
2019 price target 750-1000 usd/xmr (0.075-0.1 vs 10000 btc/$)
2020 price target 0 successful government crackdown using a supersecret quantum computer obfuscating ring sigs.

Because 2014 is almost over, let's do some wild predictions Tongue

Your bitcoin predictions are depressing. $600/btc in 2015?

I could see us going a year sideways at that target, just like what happened in 2012. I think our big boom will be in 2016, when the block reward halves as well.

Topic: [XMR] Monero Speculation - page 2096. (Read 3314316 times)