[XMR] Monero Speculation - page 2182.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: luigi1111 on August 29, 2014, 04:47:28 PM

Quote from: smooth on August 29, 2014, 04:10:41 PM

Quote from: luigi1111 on August 29, 2014, 04:09:05 PM

Quote from: iourzzz on August 29, 2014, 03:36:10 PM

Quote from: georgehosterguy on August 29, 2014, 01:34:07 PM

Quote from: iourzzz on August 29, 2014, 12:58:23 PM

Quote from: giveBTCpls on August 29, 2014, 12:28:49 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.

Possibly in 2070, 100-1000 XMR could be enough to buy a little island...

You know how many little islands there are for sale vs how many XMR will exist in 50 years? Cheesy

Wish so bad I was around the internet before stupid people could connect Roll Eyes

Good luck with your island there guy Kiss

At this moment with current XMR rate there are not so many islands for sale cheaper than 100K-1000K XMR. The growth of Earth population is slowing down and can stabilize may be around 10-12 billion by 2050 if no major disaster happens. But anyway the rate of the islands development is quite high so almost obvious that they are going to be much more expensive.

Widely adopted XMR is gonna be very expensive as well and so difficult to assume that it will rise 1000 or more times in just few years.

Bitcoin is not widely adopted and yet is 250x XMR. 1000x isn't hard at all to imagine given "wide adoption".

Given real "wide adoption" BTC has 100-1000x to go. If XMR achieves that "wide adoption" that is 25000-250000x by your numbers.

I agree with your conclusions, but I don't think we're using "my" numbers. I was trying to point out that a "mere" 1000x isn't hard to imagine. You provided the "wide adoption" numbers as far as I can tell Wink

(I somewhat implied 4x current BTC value would be the absolute baseline for such a thing, but am in agreement the real value would be much higher).

I just meant the number for BTC/XMR. That's obvious from the market prices though.

Of course, this is all "speculation"

luigi1111

legendary

Activity: 1105

Merit: 1000

Quote from: smooth on August 29, 2014, 04:10:41 PM

Quote from: luigi1111 on August 29, 2014, 04:09:05 PM

Quote from: iourzzz on August 29, 2014, 03:36:10 PM

Quote from: georgehosterguy on August 29, 2014, 01:34:07 PM

Quote from: iourzzz on August 29, 2014, 12:58:23 PM

Quote from: giveBTCpls on August 29, 2014, 12:28:49 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.

Possibly in 2070, 100-1000 XMR could be enough to buy a little island...

You know how many little islands there are for sale vs how many XMR will exist in 50 years? Cheesy

Wish so bad I was around the internet before stupid people could connect Roll Eyes

Good luck with your island there guy Kiss

At this moment with current XMR rate there are not so many islands for sale cheaper than 100K-1000K XMR. The growth of Earth population is slowing down and can stabilize may be around 10-12 billion by 2050 if no major disaster happens. But anyway the rate of the islands development is quite high so almost obvious that they are going to be much more expensive.

Widely adopted XMR is gonna be very expensive as well and so difficult to assume that it will rise 1000 or more times in just few years.

Bitcoin is not widely adopted and yet is 250x XMR. 1000x isn't hard at all to imagine given "wide adoption".

Given real "wide adoption" BTC has 100-1000x to go. If XMR achieves that "wide adoption" that is 25000-250000x by your numbers.

I agree with your conclusions, but I don't think we're using "my" numbers. I was trying to point out that a "mere" 1000x isn't hard to imagine. You provided the "wide adoption" numbers as far as I can tell Wink

(I somewhat implied 4x current BTC value would be the absolute baseline for such a thing, but am in agreement the real value would be much higher).

statdude

legendary

Activity: 1498

Merit: 1000

Quote from: mr_random on August 29, 2014, 04:27:26 PM

Quote from: luigi1111 on August 29, 2014, 03:30:26 PM

Do tell how a rich list would work in an untraceable currency?

That said, you have ~1.3% of current supply. I'd argue whale.

Touche. I figured that may well be the case but I wasn't sure if it was a case of being very difficult or actually impossible.

Quote from: Jungian on August 29, 2014, 03:30:53 PM

My random friend, you are most definitely a whale.

And yes, everyone here sees it going 60+. You'd be insane to buy something like XMR if you didn't think it had HUGE upside in case of success.

I should probably post in the XMR topics more often. But I advertise XMR in my sig everywhere which has to help.

What's surprised me about XMR is that it's proving to be more than a pump and dump. I attribute this to a continual flow of new investors due to word of mouth spreading.

Here's to the future

I am managing a "rich list" and will add you, don't worry about filling it out. New graph updates coming this week.

Congrats on your early coins, you may be the "luckiest" XMR whale in existence.

http://www.reddit.com/r/Monero/comments/2egnsr/moneroxmr_unofficial_distribution_survey/

mr_random

legendary

Activity: 1344

Merit: 1001

Quote from: luigi1111 on August 29, 2014, 03:30:26 PM

Do tell how a rich list would work in an untraceable currency?

That said, you have ~1.3% of current supply. I'd argue whale.

Touche. I figured that may well be the case but I wasn't sure if it was a case of being very difficult or actually impossible.

Quote from: Jungian on August 29, 2014, 03:30:53 PM

My random friend, you are most definitely a whale.

And yes, everyone here sees it going 60+. You'd be insane to buy something like XMR if you didn't think it had HUGE upside in case of success.

I should probably post in the XMR topics more often. But I advertise XMR in my sig everywhere which has to help.

What's surprised me about XMR is that it's proving to be more than a pump and dump. I attribute this to a continual flow of new investors due to word of mouth spreading.

Here's to the future

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: luigi1111 on August 29, 2014, 04:09:05 PM

Quote from: iourzzz on August 29, 2014, 03:36:10 PM

Quote from: georgehosterguy on August 29, 2014, 01:34:07 PM

Quote from: iourzzz on August 29, 2014, 12:58:23 PM

Quote from: giveBTCpls on August 29, 2014, 12:28:49 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.

Possibly in 2070, 100-1000 XMR could be enough to buy a little island...

You know how many little islands there are for sale vs how many XMR will exist in 50 years? Cheesy

Wish so bad I was around the internet before stupid people could connect Roll Eyes

Good luck with your island there guy Kiss

At this moment with current XMR rate there are not so many islands for sale cheaper than 100K-1000K XMR. The growth of Earth population is slowing down and can stabilize may be around 10-12 billion by 2050 if no major disaster happens. But anyway the rate of the islands development is quite high so almost obvious that they are going to be much more expensive.

Widely adopted XMR is gonna be very expensive as well and so difficult to assume that it will rise 1000 or more times in just few years.

Bitcoin is not widely adopted and yet is 250x XMR. 1000x isn't hard at all to imagine given "wide adoption".

Given real "wide adoption" BTC has 100-1000x to go. If XMR achieves that "wide adoption" that is 25000-250000x by your numbers.

luigi1111

legendary

Activity: 1105

Merit: 1000

Quote from: iourzzz on August 29, 2014, 03:36:10 PM

Quote from: georgehosterguy on August 29, 2014, 01:34:07 PM

Quote from: iourzzz on August 29, 2014, 12:58:23 PM

Quote from: giveBTCpls on August 29, 2014, 12:28:49 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.

Possibly in 2070, 100-1000 XMR could be enough to buy a little island...

You know how many little islands there are for sale vs how many XMR will exist in 50 years? Cheesy

Wish so bad I was around the internet before stupid people could connect Roll Eyes

Good luck with your island there guy Kiss

At this moment with current XMR rate there are not so many islands for sale cheaper than 100K-1000K XMR. The growth of Earth population is slowing down and can stabilize may be around 10-12 billion by 2050 if no major disaster happens. But anyway the rate of the islands development is quite high so almost obvious that they are going to be much more expensive.

Widely adopted XMR is gonna be very expensive as well and so difficult to assume that it will rise 1000 or more times in just few years.

Bitcoin is not widely adopted and yet is 250x XMR. 1000x isn't hard at all to imagine given "wide adoption".

Dotto

legendary

Activity: 981

Merit: 1005

No maps for these territories

Quote from: David Latapie on August 29, 2014, 01:47:29 PM

Quote from: koby on August 28, 2014, 06:37:19 PM

Why this coin is better then all others altcoin?

FAQ entry: Prove me that Monero is not yet-another-shitcoin.

Quote from: ?? on ??

thats true, but there are also people like me with nearly no btc. we only buy btc to buy monero Roll Eyes

Same thing here.

Quote from: othe on August 27, 2014, 05:26:01 PM

XMR as a currency symbol is simply used because its the ISO standard: http://de.wikipedia.org/wiki/ISO_4217
All currencies who aren´t bound to a single country or area are starting with X, like XBT is the currency code for Bitcoin and XCP is the code for Counterparty which have all totally different codebases.

Not only currencies, it also applies to some precious metals: gold (XAU), silver (XAG), palladium (XPD), platinum (XPT) (X+chemical symbol).

Quote from: giveBTCpls on August 29, 2014, 12:28:49 PM

[2050] asia becoming the ruler fiat

(offtopic)
Asia is overrated, especially China. China has huge internal problems of many kind which are already kicking in - the Lewis Turning point being a reliable indicator among many others (like a long history of not being united and the tendancy to rest on his laurels, see Ming Dynasty).
Now, if you include India in Asia (you should), this is more plausible - it has the largest population in the world and it will continue and demography is a potent instrument; they also have a 50-years plan on thorium that is about to rise, thanks to their world's biggest reserve of thorium, a much less dangerous nuclear fuel than uranium.
Still, by 2050, I'd start considering Africa.
And by 2070 spatial nation-states/corporations should start becoming a force to be reckoned with.
(/offtopic)
Mmmm... black market import/export dealings of thorium with monero? <= this was an attempt at getting on topic.

Great post, not sure about the africa odds, but the rest is sublime and visionaire

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: mr_random on August 29, 2014, 03:27:44 PM

Is there a rich list for XMR?

I obtained about 40k back when this coin was still young, I'm curious if that makes me an XMR whale or a small fish.

Does anyone see this coin going back to 60+ price?

Definitely a fairly large whale.

iourzzz

member

Activity: 94

Merit: 10

Quote from: georgehosterguy on August 29, 2014, 01:34:07 PM

Quote from: iourzzz on August 29, 2014, 12:58:23 PM

Quote from: giveBTCpls on August 29, 2014, 12:28:49 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.

Possibly in 2070, 100-1000 XMR could be enough to buy a little island...

You know how many little islands there are for sale vs how many XMR will exist in 50 years? Cheesy

Wish so bad I was around the internet before stupid people could connect Roll Eyes

Good luck with your island there guy Kiss

At this moment with current XMR rate there are not so many islands for sale cheaper than 100K-1000K XMR. The growth of Earth population is slowing down and can stabilize may be around 10-12 billion by 2050 if no major disaster happens. But anyway the rate of the islands development is quite high so almost obvious that they are going to be much more expensive.

Widely adopted XMR is gonna be very expensive as well and so difficult to assume that it will rise 1000 or more times in just few years.

Jungian

legendary

Activity: 930

Merit: 1010

Quote from: mr_random on August 29, 2014, 03:27:44 PM

Is there a rich list for XMR?

I obtained about 40k back when this coin was still young, I'm curious if that makes me an XMR whale or a small fish.

Does anyone see this coin going back to 60+ price?

My random friend, you are most definitely a whale.

And yes, everyone here sees it going 60+. You'd be insane to buy something like XMR if you didn't think it had HUGE upside in case of success.

luigi1111

legendary

Activity: 1105

Merit: 1000

Quote from: mr_random on August 29, 2014, 03:27:44 PM

Is there a rich list for XMR?

I obtained about 40k back when this coin was still young, I'm curious if that makes me an XMR whale or a small fish.

Does anyone see this coin going back to 60+ price?

Do tell how a rich list would work in an untraceable currency?

That said, you have ~1.3% of current supply. I'd argue whale.

mr_random

legendary

Activity: 1344

Merit: 1001

Is there a rich list for XMR?

I obtained about 40k back when this coin was still young, I'm curious if that makes me an XMR whale or a small fish.

Does anyone see this coin going back to 60+ price?

David Latapie

hero member

Activity: 658

Merit: 503

Monero Core Team

Quote from: ?? on ??

humble me was there when noodledoodle delivered the first optimized miners, at time i went from 4h/s to 10h/s solo mining on my laptop, many were surprised by how fast and transparently things went

Yeah, good old time. I regret every day not having used my Azure trial on the very first days (I still managed to get several blocks) and waited so long before buying (and not even spending all my BTC there - but then I had only 0.5 BTC left after the Blackcoin debacle).

David Latapie

hero member

Activity: 658

Merit: 503

Monero Core Team

Quote from: koby on August 28, 2014, 06:37:19 PM

Why this coin is better then all others altcoin?

FAQ entry: Prove me that Monero is not yet-another-shitcoin.

Quote from: ?? on ??

thats true, but there are also people like me with nearly no btc. we only buy btc to buy monero Roll Eyes

Same thing here.

Quote from: othe on August 27, 2014, 05:26:01 PM

XMR as a currency symbol is simply used because its the ISO standard: http://de.wikipedia.org/wiki/ISO_4217
All currencies who aren´t bound to a single country or area are starting with X, like XBT is the currency code for Bitcoin and XCP is the code for Counterparty which have all totally different codebases.

Not only currencies, it also applies to some precious metals: gold (XAU), silver (XAG), palladium (XPD), platinum (XPT) (X+chemical symbol).

Quote from: giveBTCpls on August 29, 2014, 12:28:49 PM

[2050] asia becoming the ruler fiat

(offtopic)
Asia is overrated, especially China. China has huge internal problems of many kind which are already kicking in - the Lewis Turning point being a reliable indicator among many others (like a long history of not being united and the tendancy to rest on his laurels, see Ming Dynasty).
Now, if you include India in Asia (you should), this is more plausible - it has the largest population in the world and it will continue and demography is a potent instrument; they also have a 50-years plan on thorium that is about to rise, thanks to their world's biggest reserve of thorium, a much less dangerous nuclear fuel than uranium.
Still, by 2050, I'd start considering Africa.
And by 2070 spatial nation-states/corporations should start becoming a force to be reckoned with.
(/offtopic)
Mmmm... black market import/export dealings of thorium with monero? <= this was an attempt at getting on topic.

georgehosterguy

member

Activity: 196

Merit: 12

Quote from: iourzzz on August 29, 2014, 12:58:23 PM

Quote from: giveBTCpls on August 29, 2014, 12:28:49 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.

Possibly in 2070, 100-1000 XMR could be enough to buy a little island...

You know how many little islands there are for sale vs how many XMR will exist in 50 years? Cheesy

Wish so bad I was around the internet before stupid people could connect Roll Eyes

Good luck with your island there guy Kiss

iourzzz

member

Activity: 94

Merit: 10

Quote from: giveBTCpls on August 29, 2014, 12:28:49 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.

Possibly in 2070, 100-1000 XMR could be enough to buy a little island...

GreekBitcoin

legendary

Activity: 1428

Merit: 1001

getmonero.org

Quote from: giveBTCpls on August 29, 2014, 12:28:49 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.

A billion CNY per XMR since dollar would have collapsed by then.

Jungian

legendary

Activity: 930

Merit: 1010

Quote from: giveBTCpls on August 29, 2014, 12:28:49 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.

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.

Febo

legendary

Activity: 2730

Merit: 1288

2050. are you crazy. if you can predict for 2020 you are king.

giveBTCpls

sr. member

Activity: 322

Merit: 250

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.

Topic: [XMR] Monero Speculation - page 2182. (Read 3313070 times)