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Topic: [XMR] Monero Speculation - page 2120. (Read 3313076 times)

legendary
Activity: 1610
Merit: 1004
November 14, 2014, 05:56:58 PM
XMR = nowhere to go but UP!

member
Activity: 70
Merit: 10
Activity: 350
November 14, 2014, 04:25:53 PM


Let's put the forking debate to rest history books.


 Grin

Seriously though, it's the occasion for the community to unite even more.

I agree...

TINA- there is no alternative.

I agree, any additional talk about forking to change emission can go in this thread too: https://bitcointalksearch.org/topic/why-do-we-never-get-a-topic-on-inflation-in-this-section-poll-857112

The topic of that thread is :  Why do we never get a topic on inflation in this section?

I think it would be good to carry on additional inquisition into the nature of the social contract and emission style there for three reasons: One because it looks like the proposal is rocky here, and two because I believe the topic will persist regardless of our current opinion, even concrete decision is made, and three because there are some people here who are obviously completely uncomfortable even discussing the subject. It's safe to say it's a heated topic and I'm sure the input that people can provide both here, and there, would greatly benefit any and all currencies on this forum. Especially this one, as we're literally in the midst of perpetually asking ourselves the same question.

It might be good to move a little bit away from groupthink, not that I'm accusing anyone of that, but getting the opinions of other people who otherwise wouldn't have an interest in this coin at all, and are just looking to debate the topic objectively, might help everyone come to a better understanding of the situation at hand, and possibly better form an objective point of view.

Currently, the thread is a little derailed.
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
November 14, 2014, 02:30:40 PM


Let's put the forking debate to rest history books.


 Grin

Seriously though, it's the occasion for the community to unite even more.

I agree...

TINA- there is no alternative.
legendary
Activity: 1512
Merit: 1012
Still wild and free
November 14, 2014, 01:48:08 PM


Let's put the forking debate to rest history books.


 Grin

Seriously though, it's the occasion for the community to unite even more.
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
November 14, 2014, 01:40:56 PM


Let's put the forking debate to rest.
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
November 14, 2014, 12:19:28 AM

I'm not expecting handouts, but I do admire the XMR Love:
46aWMLjf2aYKwFHt27Rsc21njMecyvGcniRhSYcsZr5pLvRd92KanY73HgEzRVRdoRfiPfYFwMNxr1y ZhdamPEaBS9DGk8X


Please show some XMR love to me too Smiley
Code:
4AyRmUcxzefB5quumzK3HNE4zmCiGc8vhG6fE1oJpGVyVZF7fvDgSpt3MzgLfQ6Q1719xQhmfkM9Z2uNXgDMqYhjJVmc6KX


I am not naming any names, but in Crypto Kingdom, there is a certain player who has done nothing in the game and is making 0.55 XMR on average per day just by existing. (The others are making more or much more of course Smiley )

So there is some love for the interested! An interactive faucet, just as intended

I saw that you are auctioning off land and gold reserves currently. Are those people making XMR or gold? And what is there to do so far in the game (I've only seen the auctions).

In terms of collecting stone etc, how is that done and what limits are there? I've never played a paper RPG before so 100% new to that.

To all the Anon donations thank you VERY MUCH! I also bought some more off bter around 1.6 mBTC/XMR which I think is a steal. I've now purchased the minimum amount of XMR I wish to hold, so that is pretty exciting Cheesy

USD/XMR price has slipped by $.10 during this BTC rally so far.

To the other poster talking about selling pressure, this is true as it is for bitcoin. You have to wait for the early adopter to sell a lot of their coins off and you end up with a more "fair" distribution of coins among people, which then also increases the price of each coin due to limited supply and continuing demand.

I messaged Smooth about me working on improving the monero.cc website, but no response yet (I assume he is now sleeping for night). But if anyone knows who is in charge of the website let me know or have them send me a PM. It's pretty easy to make it look better and good looks instills more confidence in the general public.  
donator
Activity: 1722
Merit: 1036
November 13, 2014, 03:19:00 PM

I'm not expecting handouts, but I do admire the XMR Love:
46aWMLjf2aYKwFHt27Rsc21njMecyvGcniRhSYcsZr5pLvRd92KanY73HgEzRVRdoRfiPfYFwMNxr1y ZhdamPEaBS9DGk8X


Please show some XMR love to me too Smiley
Code:
4AyRmUcxzefB5quumzK3HNE4zmCiGc8vhG6fE1oJpGVyVZF7fvDgSpt3MzgLfQ6Q1719xQhmfkM9Z2uNXgDMqYhjJVmc6KX


I am not naming any names, but in Crypto Kingdom, there is a certain player who has done nothing in the game and is making 0.55 XMR on average per day just by existing. (The others are making more or much more of course Smiley )

So there is some love for the interested! An interactive faucet, just as intended
legendary
Activity: 1256
Merit: 1009
November 13, 2014, 11:40:16 AM
@lyth0s

I concur. A sustained BTC rally, plus well-timed DB and GUI release should herald a very merry xmas and a happy new year for XMR holders.

I concur.

I think the missing component missing in price speculation in pricing is total supply = some amount of selling pressure.  In other words - some percentage of hodlers are going to have a reason to sell (say it's 3%).  3% of 6,000,000 coins to sell is much more selling pressure than daily inflation rates.

As supply increases selling pressure from total available supply increases.

Who knows - maybe DB + GUI will bump it back up to the 300's.  I've got an LTCgear payout that I consistently throw at XMR & BBR.  Besides Ethereum it's really the only crypto that interests me.

hero member
Activity: 896
Merit: 1000
November 13, 2014, 08:56:04 AM
@lyth0s

I concur. A sustained BTC rally, plus well-timed DB and GUI release should herald a very merry xmas and a happy new year for XMR holders.

I concur.
hero member
Activity: 794
Merit: 1000
Monero (XMR) - secure, private, untraceable
November 13, 2014, 06:45:59 AM

I'm not expecting handouts, but I do admire the XMR Love:
46aWMLjf2aYKwFHt27Rsc21njMecyvGcniRhSYcsZr5pLvRd92KanY73HgEzRVRdoRfiPfYFwMNxr1y ZhdamPEaBS9DGk8X


Please show some XMR love to me too Smiley
Code:
4AyRmUcxzefB5quumzK3HNE4zmCiGc8vhG6fE1oJpGVyVZF7fvDgSpt3MzgLfQ6Q1719xQhmfkM9Z2uNXgDMqYhjJVmc6KX
sr. member
Activity: 280
Merit: 250
November 13, 2014, 06:42:50 AM
@lyth0s

I concur. A sustained BTC rally, plus well-timed DB and GUI release should herald a very merry xmas and a happy new year for XMR holders.
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
November 13, 2014, 03:34:00 AM
lyth0s, you should check out the game Crypto Kingdom: https://bitcointalksearch.org/topic/crypto-kingdom-1991-retro-virtual-worldcity-819073

Currently it is the only thing you can spend XMR on directly. Right now the game is only playable on BCT thread via Google spreadsheet database, but it should be playable online in the next few weeks according to schedule.



I have actually looked into it. Unfortunately I don't play paper fantasy games. If it is ever developed into an HTML5 web browser game or a stand alone app, then count me in!

XMR/BTC ratio is dropping yes, but the USD/XMR ratio is rather constant at $0.73/XMR. Once BTC gets a huge rally and people "feel" wealthy again they will start pouring their BTC into XMR/LTC/XCP and maybe some DOGE, so be ready for that pump.

Once XMR gets a GUI wallet and functioning DB (the memory usage is just too high right now for cheap PC's) that'll help the XMR/BTC ratio a lot. What will help XMR hugely is when people start encountering privacy issues from big brother with BTC, then we can expect a MUCH higher XMR/BTC ratio.

With the privacy advantages of XMR, I expect XMR to take quite a large market share from BTC when people need to hide their digital assets or when countries (IE china) try to stop flight of capital.

With the decrease in XMR/BTC ratio today, I'm actually going to move some more of my btc (that I just made off margin long on BTC) into some more XMR and XCP.

I'm not expecting handouts, but I do admire the XMR Love:
46aWMLjf2aYKwFHt27Rsc21njMecyvGcniRhSYcsZr5pLvRd92KanY73HgEzRVRdoRfiPfYFwMNxr1y ZhdamPEaBS9DGk8X

hero member
Activity: 700
Merit: 500
November 12, 2014, 11:49:39 PM
Need more fiat/BTC at these prices  Angry
legendary
Activity: 1610
Merit: 1004
November 12, 2014, 05:34:06 PM
lyth0s, you should check out the game Crypto Kingdom: https://bitcointalksearch.org/topic/crypto-kingdom-1991-retro-virtual-worldcity-819073

Currently it is the only thing you can spend XMR on directly. Right now the game is only playable on BCT thread via Google spreadsheet database, but it should be playable online in the next few weeks according to schedule.

legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
November 12, 2014, 04:25:35 PM
@lyth0s

I think your first post was in Main Monero thread, not here in Speculations. I think soon after your post someone wrote there that he sent you some coins. So just go there and read last days posts, are not that many it seems this one got more popular lately.

Yeah I received a few donations that day mainly from 1-5 XMR. Then the next morning (after that person posted) I got a huge surprise. They obviously must want to remain anon because I can't imagine they haven't seen my posts. So I will be using the XMR to bring some of my bitcoin friends into the XMR game. Maybe have a giveaway or two in the altcoin marketplace.

As far as the XMR/BTC exchange is slipping (now 1.7mBTC) the USD cost is about the same $0.72 per XMR. If you recall during the last bitcoin rally in 2013 altcoins initially slipped and then once bitcoin price was skyrocketing then people moved their BTC into altcoin markets. I think XMR is holding up pretty well right now in terms of USD/XMR with all of this bitcoin price increase.
sr. member
Activity: 379
Merit: 250
November 12, 2014, 01:30:57 PM
I was hoping XMR would track alongside BTC in this rally. Instead it's heading in the opposite direction.
legendary
Activity: 2968
Merit: 1198
November 12, 2014, 01:02:03 PM
But be careful, because smooth might send you a stern PM insisting you Leave RP Alonetm regardless of how obviously important the interplay between his (demonstrably unstable) personality and Monero Meta have become!   Tongue

Just tie it in to the relevant topic, as I suggested in the moderator comment. Nobody would believe that your assessment of an individual personality generally is relevant to Monero Speculation. Tie it in (as you did here a little) or take is elsewhere.

I said the same thing to aminorex and deleted several posts a while back, until it was tied in directly with the topic, and then let it proceed (for which I got some flak, but you can't please everyone)
legendary
Activity: 1610
Merit: 1004
November 12, 2014, 09:26:33 AM
Any ideas why the dumping today?
Thought the downtrend is behind us..  Sad

most likely short term speculators dumping because BTC is rising, they don't want to miss out the gains if it breaks out 400.

if BTC goes higher that is only good for XMR in the long run as it will bring more confidence to the entire crypto market.
newbie
Activity: 33
Merit: 0
November 12, 2014, 09:09:48 AM
Any ideas why the dumping today?
Thought the downtrend is behind us..  Sad
legendary
Activity: 2730
Merit: 1288
November 12, 2014, 05:49:07 AM
@lyth0s

I think your first post was in Main Monero thread, not here in Speculations. I think soon after your post someone wrote there that he sent you some coins. So just go there and read last days posts, are not that many it seems this one got more popular lately.
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