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Topic: [XMR] Monero Speculation - page 2182. (Read 3312335 times)

member
Activity: 94
Merit: 10
August 29, 2014, 01:58:23 PM
What are some ridiculously long term predictions for this coin? What price do you expect in 20 years time or so? I think in 2050, we'll see a legit FIAT crash from dollar and euro, with asia becoming the ruler fiat, and crypto growing strong on the sidelines. My only 2 long term bets are BTC and XMR thus far.

Possibly in 2070, 100-1000 XMR could be enough to buy a little island... Smiley
legendary
Activity: 1428
Merit: 1001
getmonero.org
August 29, 2014, 01:34:57 PM
What are some ridiculously long term predictions for this coin? What price do you expect in 20 years time or so? I think in 2050, we'll see a legit FIAT crash from dollar and euro, with asia becoming the ruler fiat, and crypto growing strong on the sidelines. My only 2 long term bets are BTC and XMR thus far.


A billion CNY per XMR since dollar would have collapsed by then.
legendary
Activity: 930
Merit: 1010
August 29, 2014, 01:33:36 PM
What are some ridiculously long term predictions for this coin? What price do you expect in 20 years time or so? I think in 2050, we'll see a legit FIAT crash from dollar and euro, with asia becoming the ruler fiat, and crypto growing strong on the sidelines. My only 2 long term bets are BTC and XMR thus far.

We'll see that way way before 2050. We are talking years, not decades.

BTC for sure will have a place, and the leading anonymous currency at that time.
legendary
Activity: 2730
Merit: 1288
August 29, 2014, 01:32:41 PM
2050. are you crazy. if you can predict for 2020 you are king.
sr. member
Activity: 322
Merit: 250
August 29, 2014, 01:28:49 PM
What are some ridiculously long term predictions for this coin? What price do you expect in 20 years time or so? I think in 2050, we'll see a legit FIAT crash from dollar and euro, with asia becoming the ruler fiat, and crypto growing strong on the sidelines. My only 2 long term bets are BTC and XMR thus far.
sr. member
Activity: 475
Merit: 500
August 29, 2014, 12:39:52 PM
This report came out and price is breaking 0.0042 resistance it seems
http://da-data.blogspot.com.es/2014/08/minting-money-with-monero-and-cpu.html



hm... no discussion about this ?

isn´t that article accusing monero being a scam?


while on topic: where do i find information about how to start mining monero. which is the best machine, what do i have to invest and what performance can be expected ?

Did you read the whole thing?
Dont get why people interprete this as monero beeing scam..
Its actually about the corrupt bytecoin codebase, it. was seriously crippled for bytecoin mining.. Monero Team just discovered an fixed but there was a Period of enhanced private miners during the Development of fixes. As usual ..
member
Activity: 94
Merit: 10
August 29, 2014, 05:54:18 AM
Nice rise in last days. If we break 0.0055 we could see new ATH soon!

One good article on coindesk about xmr would be great  Grin

Some of us still "waiting" for coindesk stop with the cryptonote blackout, if theres no talk about XMR (or BBR for that matter) I'll start finding very suspicious.

"First they ignore you, ..., ..., then you win"
legendary
Activity: 930
Merit: 1010
August 29, 2014, 05:50:31 AM
This report came out and price is breaking 0.0042 resistance it seems
http://da-data.blogspot.com.es/2014/08/minting-money-with-monero-and-cpu.html



hm... no discussion about this ?

isn´t that article accusing monero being a scam?


while on topic: where do i find information about how to start mining monero. which is the best machine, what do i have to invest and what performance can be expected ?

Not, it accused Bytecoin (the first cryptonote coin) of being a scam. And maybe the dev that the current devs took over the project from.

http://monero.cc/getting-started/#mining

Take it from there.
legendary
Activity: 2338
Merit: 2106
August 29, 2014, 05:48:10 AM
This report came out and price is breaking 0.0042 resistance it seems
http://da-data.blogspot.com.es/2014/08/minting-money-with-monero-and-cpu.html



hm... no discussion about this ?

isn´t that article accusing monero being a scam?


while on topic: where do i find information about how to start mining monero. which is the best machine, what do i have to invest and what performance can be expected ?
legendary
Activity: 2968
Merit: 1198
August 29, 2014, 05:26:40 AM
Quote
So when the time comes this thread turn into XMR Wall Observer and compete with Adam's thread. I as a Monero HODLer am patiently waiting more adoption and big bubbles like Bitcoin does.

a wall observer would actually be pretty nice, but i dont know if its time yet. a place where we post a lot of charts, talk about walls and price movement in a quick and dirty way.
like we do on poloniex trollbox, just with more pics (of rockets and trains)

Price charts and discussion of price movements are definitely welcome here. I have only asked that large charts not be repeatedly quoted.

donator
Activity: 1722
Merit: 1036
August 29, 2014, 05:04:37 AM
If we consider the zones where a large number of coins have traded as resistance zones (going upward), the by far largest one is in between 250-450. 60%+ of all trade ever has been conducted in this zone.

We have now hit the upper end of the zone. It is too early to say if the breakout will succeed - I actually give it less than 50% chances for today. But same as the infamous 420 level that was tried for 5 times, it finally fell (only in a few days), same will happen with this one, if the trend stays in force.

When 450 falls convincingly, the trade density drops to 1/3, which should mean that it takes approximately 1/3 of the time to advance from 450->550, compared to what it took from 350->450.

At 580 there is the strong resistance of the previous top. After clearing it, there is not much on our way.

The ATH double-top in 0.01-0.011 will in my opinion NOT serve as a STRONG resistance, due to the small amount of coins traded there last times, and the completely different fundamentals now (both adoption and number of coins have multiplied since then).

Take advantage of the 2x-2.5x leverage offered by options (calculated as %change of option price / %change of XMR price).

EFS
staff
Activity: 3696
Merit: 2065
Crypto Swap Exchange
August 29, 2014, 04:12:54 AM
Monero > 4.5 mBTC!

CCMF!

Somebody had to be the first   Grin

So when the time comes this thread turn into XMR Wall Observer and compete with Adam's thread. I as a Monero HODLer am patiently waiting more adoption and big bubbles like Bitcoin does.
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
August 29, 2014, 03:54:20 AM
Monero > 4.5 mBTC!



CCMF!

Somebody had to be the first   Grin
sr. member
Activity: 502
Merit: 251
August 29, 2014, 03:09:17 AM
Glad i loaded up at the recent 0030 bottom.  Grin

Should be decent resistance at 0058, coming up shortly. Specs will be specs, but it's way too early in the game to be selling imo. MRO's got a bright future.

donator
Activity: 1722
Merit: 1036
August 29, 2014, 02:23:06 AM
He must have enough money that it does not matter, he does not want to assume any risk whatsoever.

The risk of not holding monero is infinitely bigger than that of holding it.

With not holding, you can lose a sum equal to 1000x your net worth.

With holding, you can maximum lose the amount invested.
legendary
Activity: 1610
Merit: 1004
August 28, 2014, 11:26:58 PM
This report came out and price is breaking 0.0042 resistance it seems
http://da-data.blogspot.com.es/2014/08/minting-money-with-monero-and-cpu.html


lol and he did not keep a 0.0000001 XMR. I am sure he will forbid that someone shoot a movie of this, since in 2 years time he will realize what he did.

He must have enough money that it does not matter, he does not want to assume any risk whatsoever.
legendary
Activity: 1596
Merit: 1029
Sine secretum non libertas
August 28, 2014, 11:08:10 PM
Hash rate increasing since 20th of august:
http://monerochain.info/charts/hashrate

with normal volatility, typical of hash rates, it has been increasing a remarkably steady .25 mh/diem, currently about 1% daily.
i would compare this to the bitcoin epoch from october 2011 to march 2013, when users, price and hash rate were increasing roughly linearly.
sr. member
Activity: 469
Merit: 250
English Motherfucker do you speak it ?
August 28, 2014, 10:49:57 PM
Hash rate increasing since 20th of august:
http://monerochain.info/charts/hashrate
legendary
Activity: 2282
Merit: 1050
Monero Core Team
August 28, 2014, 09:33:36 PM
...

At the top, 1 LTC was around 50 USD => possible bubble top for XMR is 250 USD  Grin

Yes, but this is based on a XBT bubble top only in the 1100 - 1300 USD range.
hero member
Activity: 742
Merit: 501
August 28, 2014, 09:28:00 PM

If there is a big increase in BTC then it could go much higher.


I see an inverse relationship in the near term between BTC and XMR especially during BTC downtrends. XMR might benefit far more from a BTC crash than a BTC rally.
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