Topic: [XMR] Monero Speculation - page 279. (Read 3314316 times)

Haha, No just figured I'd explain why you will see those type posts from me at times. I don't take offense at all and found it amusing as well.

Sorry if I touched a nerve. I wasn't trying to make fun. I just thought it was a funny image to imagine that it was reading it out loud instead of in my head. I know for a fact that my grammar is not always on point. I probably made some sort of mistake in this message.

Yeah, my sentence structure is directly correlated to my pain level these days.

I went in the quoted to ftfy and my head started to hurt! It needs more "ises"! That sentence is a perfect example of why I no longer function in a professional setting, I know what I was trying to say but it was painful to express it. Living in Pain is a humbling experience. And you will note many places where I state i can no longer code (that would be why).

Give me an hour out in the yard working on the bike and my next post will look like that.

Actually by the end of this post trying to fix the last abortion of a post I'm starting to curtail back! Need m0ar meds!

I still think people are not interested in anonymous blockchains as we expected. That's why Monero is hanging out in these regions. When people beware of the importance of it, Monero will be much more valuable most probably.

What were the biggest rises in price (vs BTC) is for XMR?  I think they mostly were news connected on its usage in the darknet.  And rightly so...  It's the best anon cryptocurrency out there today and it's getting better.

The tech is great but usage is what gets it's price going up.

There is no way they are priced in. They are in embryonic stage.

I think another side effect of that is people in general are starting to cool off toward thowing money at crypto. It makes a certain amount of sense to wait until the feature becomes real, and see if it actually works, before investing.

^ Me when I finally made it to the end of that sentence. ^


But I had a bit of a think about it more and I got to thinking that there is just too much information in this space for people to sort through and absorb. So much fud and so much garbage, so much noise to signal. I mean who here knows what the hell is going on in other projects besides their babies? It seems pretty likely that it is not at all priced in.

Hahah, no PPR funny business... I swear Guess we’ll see about that free entry

I'm pretty sure he's well aware of that and is saying is the "Buy on the news" already priced in which normally could the be case (would have been in the past) except the word is not out to such a larger audience now and that most new (reddit) speculators don't even understand why fungability is a good thing now days let alone what BP is going to bring to the table. Basically price wise it will just remove a Fud method.

I think it's certain that bulletproofs aren't priced in (much). We've only just begun the research phase to see if they're even safe/viable.

A parallel might be, what happens to a drug company's stock when they begin phase I clinical trials of a new drug?

If it goes to $50 your putting me in the Pool this year!
And if you make it PPR again I'm coming through the webs to throttle you.

This guys pulling a soft troll trying to get the unwashed to believe this MN bullshit. First they come in here saying Monero is going to add them and then claim the price falls because of that it's orchestrated Fud.


It's when they are actually running and people cannot point to transaction size and say "See" that it will be priced in.


Lets not forget we can attribute a lot of that to alphabay, but I agree with you

Corrections are definitely normal but unfortunately this market is affected by bitcoin's corrections as well as their own independent corrections. I will avoid venting but it's irritating that useful coins like xmr get taken down along with bitcoin.

It is possible but if 2015 and the LMDB was any indication I think not. Many may remember that before LMDB the entire Monero blockchain had to be stored in RAM. LMDB for Monero was available on the main chain during part of 2015 but not as an "official" release. It only became "official" on New Years eve 2015. The result was a spectacular bull run in XMR/XBT during 2016, where the price of XMR in terms of XBT rose by over 26 times.

Edit 1: Unlike LMDB during part of 2015, Bulletproofs are not available on the Monero main chain.
Edit 2: I consider the downside risk of being short Monero when bulletproofs go live to be very high.

Ok, obviously you (and probably others) misunderstood my point so let me try and explain.  I'm just your average lurker and always have been... no sort of technical knowledge about computers or day trading, so take what I have to say with a grain of salt... I will probably do a horrible job of trying to portray my point.

But just think when Monero was hanging around the $50 mark.  I remember it being right around a year ago and was listening to Fluffy's lovely sermon of false hopes at Chapel de Monero and people freaked the fuck out.  Anyways, I remember that it had just gotten to like $50 or so during the big pump before the Monero Enterprise Alliance announcement.  The GUI was hot'n fresh still and everyone was able to wash it down with a tantalizingly delicious glass of Barolo like fucking gentlemen.  This was only a year ago.

I'm digressing, but my point is that corrections are normal and why not embrace dumps when they come around?  If people are honestly stupid enough to dump a significant (>50%) portion of their XMR holdings during a generalized crypto correction because of concerns of their short term profits and not seing the big picture, you should capitalize on it.  The GUI for XMR along with other "announcements" about Monero, such as being used on dark web markets, was revolutionary back then for speculators.  We pumped, dumped, almost had a community civil war and the pony supposedly had multiple major threats from random people on the Internet.  This was all done in a matter of like a month.  The story of this project and other cryptocurrencies moves super fucking quick and it's hard to keep up with for the average person (like myself).

Where we are now in terms of actual coding progress (from what I can gather/other knowledgeable people say) is monumentally more substantial in terms of keeping Monero fuandmental more secure/resource friendly/and yes, private. Also the community has gotten so big, it's pretty impressive.  Hardware wallets, mobile wallets, sexy black themed GUI wallets, bullet proofs, multisig, Kovri soon™, constant development and fresh ideas on how to improve the code coming from MRL and dank ass memes from MEA.  Oh you want a Katy Perry poster?  Let me suggest you use Monero via Globee so you can hide the fact that you want to buy a god damned Katy Perry poster. There are probably more things I'm forgetting or just haven't seen yet because I don't have as much free time as I once had to keep up with the ongoing news.

But again, I'm just a lurker and don't really have much knowledge on how to draw fancy lines on graphs and tell you how you can retire in 5 years or how to put the pussy on the new Tari chainwax.  ... Excuse me while I go fuck right off to the thought of being able to grab more XMR at the $50 price point knowing that it's so much more fundamentally sound now than we even dreamed it would be just only a year ago.

Do you really think there is a chance that bullet proofs aren't already priced in?

There is of course the long running DASH/XMR market om Poloniex that can speak on this subject.  https://poloniex.com/exchange#xmr_dash

Edit: I would not be surprised if see a crash of DASH on the above market in the future, because of bulletproofs.

Found a bit of additional info on Tari. In particular a bit more background on its usecase. Pretty good methinks:

https://bitcoinmagazine.com/articles/tari-introduces-blockchain-protocol-digital-assets-built-monero/

Anyone that looks forward to Monero hitting $50 again can just fuck right off.

If you'll pardon my French.