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Topic: [XMR] Monero Speculation - page 229. (Read 3313084 times)

legendary
Activity: 1512
Merit: 1442
thefuzzstone.github.io
member
Activity: 65
Merit: 61
September 12, 2018, 09:44:10 AM
Quoting Vitalik Buterin from https://www.forbes.com/sites/rachelwolfson/2018/08/15/vitalik-buterin-on-the-state-of-ethereum-the-future-of-blockchain-and-google-trying-to-hire-him/ : "The Casper protocol is getting much closer to being finalized at this point. It’s just pending review on academic analysis"

For those who are not aware, Casper will introduce Proof of Stake instead of Proof of Work for ETH. So many GPU miners (especially on AMD chips) will naturally shift to XMR being the next most profitable coin to mine.

So my question is simple: what effect do you think will Casper have on the price of Monero?

Eth is proving time and a gain what a hyped POS coin it has always been and when the miners leave the price will just continue down the shitter as the Scam ICO's get shut down. So it should naturally turn people attention to solid projects such as this one.

I agree ETH looks overhyped. I invite everybody to look at http://bpeindex.com/ to understand how XMR is cheap at the moment...

No doubt Casper will attract GPU miners to Monero. But what do you think about the afflux of miners on the price of XMR (not ETH)? For example:

  • scenario1 = miners need to pay for their electricity bills in fiat, so they sell their mined XMR, which is driving the price down (miners sell, but don't buy)
  • scenario2 = miners need to pay for their electricity bills in fiat, but they sell their mined XMR at least at cost price which is ~143USD with current difficulty (~51,725,000,000) & $0.10 per KW/H & 1% pool fee. I know $0.10 per KW/H might sound high but I am including the whole cost. Watch https://www.youtube.com/watch?v=YLivTR3KBxs if you don't understand the global cost of mining for big farms
  • scenario3 = ?

I'd like to read various opinions of this community on this subject

Well, I might get the answer to my question even before the introduction of Casper as many miners switched to Monero since last week:


Let's sit and observe now.
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
September 12, 2018, 12:12:28 AM

Cointelegraph (owned by Minergate) is not in good standing with the community. I wonder why the owner of xmrwallet.com would choose to advertise there of all places...
It probably still reach a lot of people, which is good to attract new people to get to know Monero. [edited: 1740 views of this article until now, which is not really a big number IMO] Probably better then other media news. And of course in the end it all comes to price. Maybe Cointelegraph has lower theirs due to smaller demand.
Anyway, good to see development on making using Monero easier for average user and on increasing it's utility.

My suspicion is they didn't pay for advertising at all, because they're part of the same organization. Honest community members wouldn't want to have anything to do with Cointelegraph (let alone pay for the association) unless they are new and completely unaware of its history.

EDIT: The Bytecoin/Minergate devs can't help but out themselves. It's like they're winking at us, in some kind of ego-driven need to let us know they're still here. I've never understood it but it fascinates me.

Maybe, we will see in the future. Like looking a shitty tv-program which is so bad, that it turns out to be funny again  Grin
hero member
Activity: 795
Merit: 514
September 11, 2018, 06:37:22 PM

Cointelegraph (owned by Minergate) is not in good standing with the community. I wonder why the owner of xmrwallet.com would choose to advertise there of all places...
It probably still reach a lot of people, which is good to attract new people to get to know Monero. [edited: 1740 views of this article until now, which is not really a big number IMO] Probably better then other media news. And of course in the end it all comes to price. Maybe Cointelegraph has lower theirs due to smaller demand.
Anyway, good to see development on making using Monero easier for average user and on increasing it's utility.

My suspicion is they didn't pay for advertising at all, because they're part of the same organization. Honest community members wouldn't want to have anything to do with Cointelegraph (let alone pay for the association) unless they are new and completely unaware of its history.

EDIT: The Bytecoin/Minergate devs can't help but out themselves. It's like they're winking at us, in some kind of ego-driven need to let us know they're still here. I've never understood it but it fascinates me.
legendary
Activity: 2268
Merit: 1141
September 11, 2018, 03:20:11 PM
Monero is down right now like everything else. I'm checking MA50 with 4hours graphic, prices still hasn't touched ma50. If it goes below 0.01640 btc, it may go down more :/ I hope it recovers from there.

XMR did not lose so much in comparison with some other cryptocurrencies which are in the top-20. Moreover, Monero managed to show his best potential - recently it was growing well.
Monero is still very difficult to use by an ordinary user. The big chance for Monero is now. With the speculative market down. It should still prove useful as the main anonymous currency. The king of the dark net. The free currency.

However the available wallets are still very bad. The fees are high. And few use as a currency. Still, I believe in the project, but it's sad that they are wasting the best chance they could have.

The GUI wallet works very well. When bulletproofs come out fees will be cheaper   Shocked
Is there any ETA for bulletproofs?

They will go live on mainnet with the next scheduled hard fork, which occurs on approximately the 18th of October.
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
September 11, 2018, 02:13:32 PM

Cointelegraph (owned by Minergate) is not in good standing with the community. I wonder why the owner of xmrwallet.com would choose to advertise there of all places...

Yeeeaaaahhhhh, well i tend to get my info from more then one source  Wink
I don't know why the add is "only" there, but i can not recall, that anybody said "hey guys, look at this wallet, i am using it, feels good!" --> So that's my conclusion, just wanted to know what you guys think  Smiley
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
member
Activity: 106
Merit: 10
September 11, 2018, 09:27:49 AM
Monero is down right now like everything else. I'm checking MA50 with 4hours graphic, prices still hasn't touched ma50. If it goes below 0.01640 btc, it may go down more :/ I hope it recovers from there.

XMR did not lose so much in comparison with some other cryptocurrencies which are in the top-20. Moreover, Monero managed to show his best potential - recently it was growing well.
Monero is still very difficult to use by an ordinary user. The big chance for Monero is now. With the speculative market down. It should still prove useful as the main anonymous currency. The king of the dark net. The free currency.

However the available wallets are still very bad. The fees are high. And few use as a currency. Still, I believe in the project, but it's sad that they are wasting the best chance they could have.

The GUI wallet works very well. When bulletproofs come out fees will be cheaper   Shocked
legendary
Activity: 2268
Merit: 1141
September 11, 2018, 06:24:42 AM
Monero is down right now like everything else. I'm checking MA50 with 4hours graphic, prices still hasn't touched ma50. If it goes below 0.01640 btc, it may go down more :/ I hope it recovers from there.

XMR did not lose so much in comparison with some other cryptocurrencies which are in the top-20. Moreover, Monero managed to show his best potential - recently it was growing well.
Monero is still very difficult to use by an ordinary user. The big chance for Monero is now. With the speculative market down. It should still prove useful as the main anonymous currency. The king of the dark net. The free currency.

However the available wallets are still very bad. The fees are high. And few use as a currency. Still, I believe in the project, but it's sad that they are wasting the best chance they could have.

Have you tried the MyMonero desktop wallet?

https://github.com/mymonero/mymonero-app-js/releases/tag/v1.0.0
sr. member
Activity: 628
Merit: 276
BTC, ETH, XMR, LTC
September 11, 2018, 05:42:19 AM

Cointelegraph (owned by Minergate) is not in good standing with the community. I wonder why the owner of xmrwallet.com would choose to advertise there of all places...
It probably still reach a lot of people, which is good to attract new people to get to know Monero. [edited: 1740 views of this article until now, which is not really a big number IMO] Probably better then other media news. And of course in the end it all comes to price. Maybe Cointelegraph has lower theirs due to smaller demand.
Anyway, good to see development on making using Monero easier for average user and on increasing it's utility.
hero member
Activity: 795
Merit: 514
September 11, 2018, 01:23:46 AM

Cointelegraph (owned by Minergate) is not in good standing with the community. I wonder why the owner of xmrwallet.com would choose to advertise there of all places...
full member
Activity: 420
Merit: 100
September 11, 2018, 01:07:26 AM
Monero is down right now like everything else. I'm checking MA50 with 4hours graphic, prices still hasn't touched ma50. If it goes below 0.01640 btc, it may go down more :/ I hope it recovers from there.

XMR did not lose so much in comparison with some other cryptocurrencies which are in the top-20. Moreover, Monero managed to show his best potential - recently it was growing well.
Monero is still very difficult to use by an ordinary user. The big chance for Monero is now. With the speculative market down. It should still prove useful as the main anonymous currency. The king of the dark net. The free currency.

However the available wallets are still very bad. The fees are high. And few use as a currency. Still, I believe in the project, but it's sad that they are wasting the best chance they could have.
in my opinion monero will be stable at 100 $,
and will rise if the price of bitcoin has reached 10000 $
hero member
Activity: 672
Merit: 526
September 10, 2018, 09:46:02 PM
Monero is down right now like everything else. I'm checking MA50 with 4hours graphic, prices still hasn't touched ma50. If it goes below 0.01640 btc, it may go down more :/ I hope it recovers from there.

XMR did not lose so much in comparison with some other cryptocurrencies which are in the top-20. Moreover, Monero managed to show his best potential - recently it was growing well.
Monero is still very difficult to use by an ordinary user. The big chance for Monero is now. With the speculative market down. It should still prove useful as the main anonymous currency. The king of the dark net. The free currency.

However the available wallets are still very bad. The fees are high. And few use as a currency. Still, I believe in the project, but it's sad that they are wasting the best chance they could have.
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
September 10, 2018, 04:31:18 PM
I really like this coin. It seems to me that anonymous coins will be very popular in a few years. Crypto currency must be anonymous.

Exactly, so welcome on board, hold on and fasten your seat belts  Grin
sr. member
Activity: 574
Merit: 260
September 10, 2018, 02:02:42 PM
I really like this coin. It seems to me that anonymous coins will be very popular in a few years. Crypto currency must be anonymous.
member
Activity: 266
Merit: 10
September 10, 2018, 01:47:14 PM
Monero is down right now like everything else. I'm checking MA50 with 4hours graphic, prices still hasn't touched ma50. If it goes below 0.01640 btc, it may go down more :/ I hope it recovers from there.

XMR did not lose so much in comparison with some other cryptocurrencies which are in the top-20. Moreover, Monero managed to show his best potential - recently it was growing well.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
September 10, 2018, 11:55:53 AM

Heh no...  It's far from 'interesting'.  That smellsht. like it was written by a Bcash shill who's trying to make some bull sh*t scenario out if thin air.  Next comes the BTC FUD, then more Bcash shilling and finally 'the pump'.  I guess that's what the upcoming bitcoin.com ICO funds are gonna be used for...?  Grin

I hope your right, I'm sure the WO guys will set it straight.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
September 10, 2018, 11:53:47 AM

Interesting, I really wonder now what will happen with first those BTC's.
What if... Satoshi sells all BTC and BCH and buys Monero. Shocked


I've just read this thread from friday and don't see anything about this.

Can someone ELI5 this shit for me. I read a bunch of the links but I don't follow this drama. I'm not sure how those keys work so can he really get those keys and try a flip?

Quote
UT 700K to 1 Million Bitcoin (BTC and any Bitcoin-Fork) “worthy any price on January 1, 2020” could be the ultimate dump from BTC to BCH or BCC or which ever “Bitcoin is Cash” Craig and them/team decide to do? Quick math at 700,000 BTC at $7,000 is $4.9 Billion (and if was 1,000,000 BTC at ATH of $20K~) would be $20 Billion range – by January 1, 2020 (next halving will be between April-June 2020) the price of one BTC could be much higher given the trajectory and advancements being made despite all the internal politics.

https://bitcoinexchangeguide.com/satoshi-nakamoto-craig-wright-dave-kleiman-phil-wilson-bitcoin-creators-revealed/


BTW if it was me I would burn those on his shitchain first and then dump on all the forks and btc while supporting his shitcoin.

I'm hoping to get  good answer here. I just don't follow BTC enough so hope its just FUD otherwise It's going to be real good for HoneyPony.

legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
September 10, 2018, 08:38:41 AM

Heh no...  It's far from 'interesting'.  That smells like it was written by a Bcash shill who's trying to make some bull sh*t scenario out if thin air.  Next comes the BTC FUD, then more Bcash shilling and finally 'the pump'.  I guess that's what the upcoming bitcoin.com ICO funds are gonna be used for...?  Grin
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