Topic: [XMR] Monero Speculation - page 2161. (Read 3313070 times)
Deleted some low-content newbie posts and also the (off-topic) discussion about such posts
do you believe xmr can become a 1billlion dollar coin?
maybe in 1-2 years?
it will not become 1 billion usd in 2 years. maybe in 1-2 years?
i would bet my life on it. Something really strange should happen to whole world, if i am wrong.
I think he meant 1 billion marketcap. Maybe that's achievable if bitcoin goes nuts again. Don't forget that litecoin also had a market cap of around 2 billion at its peak.
do you believe xmr can become a 1billlion dollar coin?
maybe in 1-2 years?
it will not become 1 billion usd in 2 years. maybe in 1-2 years?
i would bet my life on it. Something really strange should happen to whole world, if i am wrong.
why not?
if bitcoin will become worth 100billion in 2-3 years?
Sometimes I wonder whether it would be too much "bad blood" to have a monero speculation thread with only allowing known members of the community to speculate in... 
Define "known member".
"Real name known, and finger prints and blood group on register", or "has more than 5 posts and didn't just register yesterday"?
Sidenote: newbie jail was a primitive solution to a complex problem, but still better than the current state of having *no* solution to that problem.
I'm sure there is an obvious reason for this, but why doesn't Bitcointalk charge a small fee to post? POW was invented as anti-spam tech, no? Also I wish someone would invent a cryptocurrency-based karma system for forums and other social media.
do you believe xmr can become a 1billlion dollar coin?
maybe in 1-2 years?
it will not become 1 billion usd in 2 years. maybe in 1-2 years?
i would bet my life on it. Something really strange should happen to whole world, if i am wrong.
PS:
Oh i misread it, i thought one coin.
Market cap could be 1.000,000.000 USD in 2 years. I give it tiny chances for that but no way to gamble my life on it
do you believe xmr can become a 1billlion dollar coin?
maybe in 1-2 years?
maybe in 1-2 years?
I think you are under estimating the infrastructure around BTC.
The legal framework around getting ANYTHING -> FIAT is much more complexe than you think, and BTC is years ahead of any altcoin. This alone is huge for BTC.
As for the ATMs, just in Canada there must be 25+, last I heard I believe there was approx 150-200 worldwide in operation.
...and let's not overlook the VC funding surrounding BTC companies. I am not saying its impossible, but nothing wrong with a solid #2-4 position in this market for XMR some day.
The legal framework around getting ANYTHING -> FIAT is much more complexe than you think, and BTC is years ahead of any altcoin. This alone is huge for BTC.
As for the ATMs, just in Canada there must be 25+, last I heard I believe there was approx 150-200 worldwide in operation.
...and let's not overlook the VC funding surrounding BTC companies. I am not saying its impossible, but nothing wrong with a solid #2-4 position in this market for XMR some day.
Fortunately XMR can leverage all of the work that has previously gone into BTC. BTC is a wonderful transmission mechanism - a bit slow, and not very discrete, but it is quite widely accepted, and easily converts with XMR, bidirectionally.
...thinking in taking a 5-figure XMR position soon (if he can afford 5 figures when his fiat arrives).
I think it is very gentlemanly of you to share this information. Thank you. I would volunteer to help provide liquidity if it is lacking when the time comes. It's always worthwhile to have more adoption. (Although I could prefer more dispersion!)
price is stuck between trendline from 0.0051 - 0.004341 (log) and 6h ma20 and i suspect it's going to go up at least temporally, because it has stayed above 6h ma20 and action near 0.0038 seemed like bottoming process, would be nice cup and handle if we go to 0.0051 and then take little breather and then go strongly up
guys help me defend 0.004! my bid is at 0.004011 and its almost eaten =D
EDIT. ...and it's gone, now we can go up
EDIT. ...and it's gone, now we can go up
Why you want to defend anything?
Just buy as low as you can and sell as high as you can.
If you expect there will be much higher after some period of time, just hold.
i was jk, i meant that now is good time to buy (a little at least)
EDIT: It's a psychology thing. They either wanted to gain more BTC (rpietila admitted this and I did so too) and/or hedge on possible BTC failure. Are you kidding me? This is expressing so little faith in Monero, if an alt has any chance to succeed it needs fanatics who aim at No1.
Please link where I have said my aim is to gain more BTC? If I read my mind correctly, it has not been my aim since summer-13.
Hedge is something I have talked about. USDXMR in my understanding would immediately gain a lot if something serious happened to Bitcoin, making it a perfect hedge.
I also believe Monero has the chance of taking over Bitcoin.
I'm not being purposely difficult, and I believe that you mean what you say, but XMR will not take over from bitcoin. Or rather, if XMR takes over from bitcoin, it will be in a drastically different crypto market, in which the potential for cryptocurrency to becme mainstream had been reduced to near zero.
People, Joe and Jill Public, don't want cryptonote. They might go for another alt, but it will be easy to use and they will want to be able to track their money and to prove it to the authorities.
XMR over taking XBT may or may not happen. What is not the case is that XMR overtaking XBT means that end of crypto-currency, crypto-currency not becoming mainstream, or that those holding XBT will be left "holding the bag". The history of credit cards indicate the exact opposite is the case. American Express had a significant first mover advantage over VISA and MasterCard. This has not meant the end of credit cards, or credit cards not becoming mainstream. Furthermore those who invested in American Express in the early 1970s and held did very well. https://finance.yahoo.com/echarts?s=AXP+Interactive#symbol=axp;range=my;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=;
IMO ... I do not think XMR can overtake BTC due to network effect, first mover advantage and regulation issues on the horizon making it the defacto 'mainstream crypto currency'.
Now that said, I do think XMR once official GUI and blockchain issues are solved could gain serious adoption in niche markets along the lines of Offshore banking vs Mainstream banking in the real world.
A slow and organic growth with decent price stabilization as we are seing is vital to this outlook. I must say that I am impressed with XMR and its price stablization in the midst of the attacks and FUD that have targeted it and lets not forget the daily minting of new coins.
I would like to extend, as a large holder of XMR, a very big thank you to the devs for their great work as well to the senior members of the community for their continued 'intelligent' discussions and ongoing support. This community is definatly not your typical altcoin community and should be praised for it.
Now that said, I do think XMR once official GUI and blockchain issues are solved could gain serious adoption in niche markets along the lines of Offshore banking vs Mainstream banking in the real world.
A slow and organic growth with decent price stabilization as we are seing is vital to this outlook. I must say that I am impressed with XMR and its price stablization in the midst of the attacks and FUD that have targeted it and lets not forget the daily minting of new coins.
I would like to extend, as a large holder of XMR, a very big thank you to the devs for their great work as well to the senior members of the community for their continued 'intelligent' discussions and ongoing support. This community is definatly not your typical altcoin community and should be praised for it.
Perhaps it won't over take Bitcoin. But it definitely has a lot going for it even now.
I can't find this info anywhere, so can anyone tell me where can I find a graph of XMR emission rate vs time? Also, how much does a high emission rate affect the ability for the price per coin to rise with the growth of XMR market cap?
I think you are under estimating the infrastructure around BTC.
The legal framework around getting ANYTHING -> FIAT is much more complexe than you think, and BTC is years ahead of any altcoin. This alone is huge for BTC.
As for the ATMs, just in Canada there must be 25+, last I heard I believe there was approx 150-200 worldwide in operation.
...and let's not overlook the VC funding surrounding BTC companies. I am not saying its impossible, but nothing wrong with a solid #2-4 position in this market for XMR some day.
The legal framework around getting ANYTHING -> FIAT is much more complexe than you think, and BTC is years ahead of any altcoin. This alone is huge for BTC.
As for the ATMs, just in Canada there must be 25+, last I heard I believe there was approx 150-200 worldwide in operation.
...and let's not overlook the VC funding surrounding BTC companies. I am not saying its impossible, but nothing wrong with a solid #2-4 position in this market for XMR some day.
I believe the network effect at this stage of the game is overblown.
Bitcoin has a $6.2 Billion market cap, which is peanuts. And the infrastructure consists of some amateurish exchanges, several large websites, some enthusiastic nerds, and maybe a few dozen ATMs.
Bitcoin has a $6.2 Billion market cap, which is peanuts. And the infrastructure consists of some amateurish exchanges, several large websites, some enthusiastic nerds, and maybe a few dozen ATMs.
IMO ... I do not think XMR can overtake BTC due to network effect, first mover advantage and regulation issues on the horizon making it the defacto 'mainstream crypto currency'.
Now that said, I do think XMR once official GUI and blockchain issues are solved could gain serious adoption in niche markets along the lines of Offshore banking vs Mainstream banking in the real world.
A slow and organic growth with decent price stabilization as we are seing is vital to this outlook. I must say that I am impressed with XMR and its price stablization in the midst of the attacks and FUD that have targeted it and lets not forget the daily minting of new coins.
I would like to extend, as a large holder of XMR, a very big thank you to the devs for their great work as well to the senior members of the community for their continued 'intelligent' discussions and ongoing support. This community is definatly not your typical altcoin community and should be praised for it.
Now that said, I do think XMR once official GUI and blockchain issues are solved could gain serious adoption in niche markets along the lines of Offshore banking vs Mainstream banking in the real world.
A slow and organic growth with decent price stabilization as we are seing is vital to this outlook. I must say that I am impressed with XMR and its price stablization in the midst of the attacks and FUD that have targeted it and lets not forget the daily minting of new coins.
I would like to extend, as a large holder of XMR, a very big thank you to the devs for their great work as well to the senior members of the community for their continued 'intelligent' discussions and ongoing support. This community is definatly not your typical altcoin community and should be praised for it.
EDIT: It's a psychology thing. They either wanted to gain more BTC (rpietila admitted this and I did so too) and/or hedge on possible BTC failure. Are you kidding me? This is expressing so little faith in Monero, if an alt has any chance to succeed it needs fanatics who aim at No1.
Please link where I have said my aim is to gain more BTC? If I read my mind correctly, it has not been my aim since summer-13.
Hedge is something I have talked about. USDXMR in my understanding would immediately gain a lot if something serious happened to Bitcoin, making it a perfect hedge.
I also believe Monero has the chance of taking over Bitcoin.
I'm not being purposely difficult, and I believe that you mean what you say, but XMR will not take over from bitcoin. Or rather, if XMR takes over from bitcoin, it will be in a drastically different crypto market, in which the potential for cryptocurrency to becme mainstream had been reduced to near zero.
People, Joe and Jill Public, don't want cryptonote. They might go for another alt, but it will be easy to use and they will want to be able to track their money and to prove it to the authorities.
All cryptocurrencies are bordering on impossible to use for 95% of people. This will improve across the board in coming years. And really, I doubt any one coin will ever be much easier to use than the others.
I don't know of many people who would want the authorities to know about their transactions. Why do most brick and mortar businesses prefer dealing in cash? Because people prefer to cheat on their taxes if they know they can easily hide their income from the authorities.
Had an impromptu business meeting with two guys I knew but haven't had contact with for months.
As a side effect, both are now holders of Monero. One had used BTC before, the other not. The one with previous experience in crypto is thinking in taking a 5-figure XMR position soon (if he can afford 5 figures when his fiat arrives).
As a side effect, both are now holders of Monero. One had used BTC before, the other not. The one with previous experience in crypto is thinking in taking a 5-figure XMR position soon (if he can afford 5 figures when his fiat arrives).
People, Joe and Jill Public, don't want cryptonote. They might go for another alt, but it will be easy to use and they will want to be able to track their money and to prove it to the authorities.
The account software in XMR will do all the bookkeeping for you, just print is out for taxes. No sweat.Is "Fear of the state" supposed to be a good thing?
There should not be fear with Monero.
You can prove you have paid Ceasar its due.
And your competitor can not see your business.
guys help me defend 0.004! my bid is at 0.004011 and its almost eaten =D
EDIT. ...and it's gone, now we can go up
EDIT. ...and it's gone, now we can go up
Why you want to defend anything?
Just buy as low as you can and sell as high as you can.
If you expect there will be much higher after some period of time, just hold.
Jump to: