2018 price target 10,000 usd/xmr
I think this is already beyond the moon. But on other hand at that time about only 1000 new coins will be mined daily.
You could be correct but in 2018 a loaf of bread will most probably be worth $10,000 USD as well
Topic: [XMR] Monero Speculation - page 2100. (Read 3313076 times)
I think this is already beyond the moon. But on other hand at that time about only 1000 new coins will be mined daily.
You could be correct but in 2018 a loaf of bread will most probably be worth $10,000 USD as well
2018 price target 10,000 usd/xmr
I think this is already beyond the moon. But on other hand at that time about only 1000 new coins will be mined daily.
2015 (probably at the end of year) price target 10 usd/xmr
2016 price target 100 usd/xmr
2017 price target 1,000 usd/xmr
2018 price target 10,000 usd/xmr
2019 price target Moon.
Real world purposes moon 3500$ by end of the 2015 Q2 more reasonable, then 6326$ after correction, then paypal adoption revolutionary tech makes it 94384383$ then moon 2016 price target 100 usd/xmr
2017 price target 1,000 usd/xmr
2018 price target 10,000 usd/xmr
2019 price target Moon.
2015 (probably at the end of year) price target 10 usd/xmr
2016 price target 100 usd/xmr
2017 price target 1,000 usd/xmr
2018 price target 10,000 usd/xmr
2019 price target Moon.
2016 price target 100 usd/xmr
2017 price target 1,000 usd/xmr
2018 price target 10,000 usd/xmr
2019 price target Moon.
The database is the critical one on the development side, since this allows Monero to run on most desktops/laptops. There is a reason why the devs made this a priority. The GUI will follow after the database.
For starters the database and the GUI.
true
but didn't want to make it too complicated...DB will make clients more usable. I guess the devs want the DB to work flawlessly before they release a GUI.
We already know a lot of work is done for the GUI (we saw the print screens this summer).
Code first, then usability, finally marketing
For starters the database and the GUI. NMC did not have a "database" issue. Then there is the issue of the 1MB block limit in XBT which can blow any time soon. Virtually every other coin has this issue but XMR does not. As for the emission curve even an MEW vote to finalize this issue could set it off. When the time comes the market will find an excuse.
I would think of the stock market in 1929 and turn the chart upside down. Bears can fall into the same greed trap as bulls by selling low hoping to buy lower. More recently consider the fate of pirateat40 and the bear raid on XBT he started in the fall of 2011. Greed not fear got to this bear.
I would think of the stock market in 1929 and turn the chart upside down. Bears can fall into the same greed trap as bulls by selling low hoping to buy lower. More recently consider the fate of pirateat40 and the bear raid on XBT he started in the fall of 2011. Greed not fear got to this bear.
For reference here is the chart for LTC all time http://www.cryptocoincharts.info/pair/ltc/btc/btc-e/alltime In the LTC case the trigger was a rise in the XBT/USD rate. In this case apart from a rise in the XBT/USD rate we have a host of other possible triggers.
like the fast diminishing block reward?
or the fact that the development is still going on? I remember NMC going higher when the GUI was launched
or you mean the fundamentals? The fact that XMR is the best privacy oriented coin
***
I still believe in this coin and although my involvement is faily limited, I fully support the fantastic work of the dev team!
For reference here is the chart for LTC all time http://www.cryptocoincharts.info/pair/ltc/btc/btc-e/alltime In the LTC case the trigger was a rise in the XBT/USD rate. In this case apart from a rise in the XBT/USD rate we have a host of other possible triggers.
EDIT: NMC Chart http://www.cryptocoincharts.info/pair/nmc/btc/btc-e/alltime
EDIT: NMC Chart http://www.cryptocoincharts.info/pair/nmc/btc/btc-e/alltime
I get a fresh stream of fiat within a month and will start to buy more if the exchange rate is still low (around 0.001 BTC). I aim at 0.1% of the base suply (18440 XMR; not there yet, but getting close )
) Inflation kill that coin, so obviously.
The price fell 75% since the discussions about emission curve. So if inflation was the issue, it would mean the curve shall be four times slower just to accomodate. I don't believe the "emission curve" argument matters at this level of depreciation. Monero is long term and trading is short term. Simple as that.In fact, when XMR was at 0.004, the emission in USD terms was about $60,000 per day.
Now it is <$6,000.
Who has an ear, let him hear.
The vote for the emission in MEW is coming these days, but we have already achieved a consensus with the largest stakeholders, and the core team, that the emission curve will not be changed.
The emission debate was never about the current price, it was about the future prospects and whether the fast-ish emission is undesirable for mass adoption or not. There was no unanimosity on this issue that is anyway speculative, so making a random change to the emission curve was deemed more scammy than beneficial.
The emission in USD terms is so low that even one person starting to buy XMR can turn the tide for the price; the lack of this means that the new emission dumping presses the price even lower. As I see it.
It also sets the stage for a sudden and violent melt-up as the bears are getting really complacent and piggy. It has happened before on more than one occasion with other alt-coins. LTC and NMC among others come to mind. The market psychology here is no different from that of an over extended bull market that ends with a sudden and violent crash.
Inflation kill that coin, so obviously.
The price fell 75% since the discussions about emission curve. So if inflation was the issue, it would mean the curve shall be four times slower just to accomodate. I don't believe the "emission curve" argument matters at this level of depreciation. Monero is long term and trading is short term. Simple as that.In fact, when XMR was at 0.004, the emission in USD terms was about $60,000 per day.
Now it is <$6,000.
Who has an ear, let him hear.
The vote for the emission in MEW is coming these days, but we have already achieved a consensus with the largest stakeholders, and the core team, that the emission curve will not be changed.
The emission debate was never about the current price, it was about the future prospects and whether the fast-ish emission is undesirable for mass adoption or not. There was no unanimosity on this issue that is anyway speculative, so making a random change to the emission curve was deemed more scammy than beneficial.
The emission in USD terms is so low that even one person starting to buy XMR can turn the tide for the price; the lack of this means that the new emission dumping presses the price even lower. As I see it.
Why did the price of Monero go down do importantly ?
That is an indication of people losing interest in XMR. Less development could be the result.Inflation kill that coin, so obviously.
The price fell 75% since the discussions about emission curve. So if inflation was the issue, it would mean the curve shall be four times slower just to accomodate. I don't believe the "emission curve" argument matters at this level of depreciation. Monero is long term and trading is short term. Simple as that. Was 0.00091 BTC the bottom?
imho, it is
(...)
edit: if we break 0.0011 BTC on volume, I think we can leave the horror of XMR below 0.001 BTC behind us
imho, it is
(...)
edit: if we break 0.0011 BTC on volume, I think we can leave the horror of XMR below 0.001 BTC behind us
To save me time, how successful have you been at predicting trends with your charts? Hopefully 100% with XMR
This topic is called "speculation"
not sure what my succes rate is, but it's certainly lower than 100%
It's a chart for a period of only 3-4 days. I'm not really sure if this has a credibility...
Exactly. XMR tends to stabilize and even rally before major dump.
It's a chart for a period of only 3-4 days. I'm not really sure if this has a credibility...
Was 0.00091 BTC the bottom?
imho, it is
edit: if we break 0.0011 BTC on volume, I think we can leave the horror of XMR below 0.001 BTC behind us
imho, it is
edit: if we break 0.0011 BTC on volume, I think we can leave the horror of XMR below 0.001 BTC behind us
To save me time, how successful have you been at predicting trends with your charts? Hopefully 100% with XMR
Was 0.00091 BTC the bottom?
imho, it is
edit: if we break 0.0011 BTC on volume, I think we can leave the horror of XMR below 0.001 BTC behind us
imho, it is
edit: if we break 0.0011 BTC on volume, I think we can leave the horror of XMR below 0.001 BTC behind us
Let me put it another way.
1) GUI
2) General media attention.
Done.
1) GUI
2) General media attention.
Done.
What's wrong with the web wallet GUI recently released?
And I would add #3: China. The Chinese largely drove 2013's runup at the end of the year and they are running up XRP/STR right now:
http://coinmarketcap.com/currencies/ripple/#markets
http://coinmarketcap.com/currencies/stellar/#markets
BTC38 is the #1 exchange for both of these coins. If we can get the Chinese community onboard then it'll be a huge win.
Nothing user-wise, but companies/websites (e.g. betting sites) strongly prefer a GUI with an API to easily track and automate transactions. @TrueCryptonaire, inflation will be drasticly lower at the end of 2015, we won't have to wait 2 years for that. I agree that BTC38 would be a huge win.
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