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Topic: [XMR] Monero Speculation - page 284. (Read 3314316 times)

full member
Activity: 254
Merit: 109
May 17, 2018, 10:15:38 PM
0.0234 be good to me  Grin

Still adding at this level - may hit my limit for the month. Sell side is pushing.
legendary
Activity: 2968
Merit: 1198
May 17, 2018, 01:53:25 PM

This post is a very popular one for bots to repost, for some reason.

https://bitcointalksearch.org/topic/m.8499186

Plagiarism and replies deleted. Yes I think it could alternately be reported to forum mods
legendary
Activity: 1722
Merit: 1217
May 17, 2018, 12:00:21 PM
I don't know how monero isn't at a higher marketcap by now. It's honestly one of the most valuable coins in existence with a seriously solid use.

Maybe you just answered your own question? Maybe people like flashy insubstantial hype driven projects more?

Either way I don't know how to tell which premined hypecoin is the better or the worse, so I'll just stick to putting my money into solid fundamentals. It seems to work well for me over longer time scales.
full member
Activity: 378
Merit: 104
May 17, 2018, 09:35:22 AM
I don't know how monero isn't at a higher marketcap by now. It's honestly one of the most valuable coins in existence with a seriously solid use.
sr. member
Activity: 756
Merit: 268
May 16, 2018, 07:38:35 PM
Great article on the crypto mining industry and ASICs

https://blog.sia.tech/the-state-of-cryptocurrency-mining-538004a37f9b

> The Monero devs have committed to keeping the same general structure for the PoW algorithm

Not sure where he got that idea but it isn't true at all.

I was wondering that as well but figured it was stupid to do let alone comment on so thanks for pointing that out.

Yes, thanks for pointing that out smooth, hopefully the author will correct that, what would be a better way to more accurately describe the monero devs position on the PoW algorithm in regards to asic countermeasures?

There was a stated plan to make minor tweaks every six months but that is not any sort of 'commitment' to stick with the same plan for any particular period of time (and indeed few if anyone considers it a good plan to follow forever). If it turns out that it looks like there is something better to be done than the plan can (and probably will) be changed.


Thanks, so a plan to make beneficial changes as circumstances change, adaptation at it's best!
legendary
Activity: 2968
Merit: 1198
May 16, 2018, 06:05:46 PM
Great article on the crypto mining industry and ASICs

https://blog.sia.tech/the-state-of-cryptocurrency-mining-538004a37f9b

> The Monero devs have committed to keeping the same general structure for the PoW algorithm

Not sure where he got that idea but it isn't true at all.

I was wondering that as well but figured it was stupid to do let alone comment on so thanks for pointing that out.

Yes, thanks for pointing that out smooth, hopefully the author will correct that, what would be a better way to more accurately describe the monero devs position on the PoW algorithm in regards to asic countermeasures?

There was a stated plan to make minor tweaks every six months but that is not any sort of 'commitment' to stick with the same plan for any particular period of time (and indeed few if anyone considers it a good plan to follow forever). If it turns out that it looks like there is something better to be done than the plan can (and probably will) be changed.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
May 16, 2018, 01:11:51 PM
Anyone think we will see the year out above $250usd?

I think it's a better than 50/50 proposition. I know Bitcoin is getting dumped a bit at the moment, but I expect BTC to end the year comfortably over $10k, which would mean XMR basically just needs to maintain current ratio.

Yeah, I agree with this, it's a good time to accumulate for the fall when I think the floor will rise significantly.
legendary
Activity: 3164
Merit: 1118
May 16, 2018, 11:38:48 AM
Anyone think we will see the year out above $250usd?

I think it's a better than 50/50 proposition. I know Bitcoin is getting dumped a bit at the moment, but I expect BTC to end the year comfortably over $10k, which would mean XMR basically just needs to maintain current ratio.
member
Activity: 200
Merit: 47
May 16, 2018, 10:13:20 AM
Anyone think we will see the year out above $250usd?
sr. member
Activity: 756
Merit: 268
May 16, 2018, 03:24:42 AM
Great article on the crypto mining industry and ASICs

https://blog.sia.tech/the-state-of-cryptocurrency-mining-538004a37f9b

> The Monero devs have committed to keeping the same general structure for the PoW algorithm

Not sure where he got that idea but it isn't true at all.

I was wondering that as well but figured it was stupid to do let alone comment on so thanks for pointing that out.

Yes, thanks for pointing that out smooth, hopefully the author will correct that, what would be a better way to more accurately describe the monero devs position on the PoW algorithm in regards to asic countermeasures?
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
May 15, 2018, 08:09:00 PM
Great article on the crypto mining industry and ASICs

https://blog.sia.tech/the-state-of-cryptocurrency-mining-538004a37f9b

> The Monero devs have committed to keeping the same general structure for the PoW algorithm

Not sure where he got that idea but it isn't true at all.

I was wondering that as well but figured it was stupid to do let alone comment on so thanks for pointing that out.
legendary
Activity: 2968
Merit: 1198
May 15, 2018, 07:44:16 PM
Great article on the crypto mining industry and ASICs

https://blog.sia.tech/the-state-of-cryptocurrency-mining-538004a37f9b

> The Monero devs have committed to keeping the same general structure for the PoW algorithm

Not sure where he got that idea but it isn't true at all.
full member
Activity: 266
Merit: 119
May 15, 2018, 07:01:20 PM
Is anyone here bullish in USD terms for this year?

For the first time since 2015 I’ve run out of hopium.

It just looks so bleak. 😔

Your capitulation makes me bullish.
Every time when it was way too silent around Monero we peaked suddenly and very high.

I fully expect to pay out the guess the 777 date game this year.
legendary
Activity: 2702
Merit: 2053
Free spirit
May 15, 2018, 04:03:54 PM
The longer these "fail" project run the less likely they are to fail.

I don't know if that's irony or what but it is becoming clearer to me.

Of course nothing last forever and don't eat yellow snow and so on.

All human constructs and trends are trends until they aren't. Then tough luck.






 
legendary
Activity: 2604
Merit: 1748
May 15, 2018, 02:22:12 PM
Is anyone here bullish in USD terms for this year?

For the first time since 2015 I’ve run out of hopium.

It just looks so bleak. 😔

The market was never going to just bottom out and go back up to December levels in a couple of months.   That said, this isn't 2014.   The amount of awareness, knowledge and infrastructure creation in crypto is huge.

There is also a plethora of utterly terrible projects cluttering up the market, too.  There must be differentiation in the market, and many projects need to fail, in order that the strong survive and ultimately become trusted and used and therefore attract the capital that is coming in.

Long term - very bullish.  This week?  This month? Not nearly so.  

For XMR I am still feeling August will be interesting, autumn good.  Prices doing another 10x is a way off yet, though.

As long as BTC doesn't dive into the slough of despond, it's looking pretty good after the run we had.  The market is doing remarkably better than I feared it might as a whole.

18 months ago, I would have laughed at anyone predicting the BTC price that we are looking at now, and today's XMR price would have been a dream come true.

Without wishing to patronise, be patient?  A dull grind is just how it goes sometimes - it has to. It is a small price to pay for the sunshine days to come.  

And before too long, they will come.

legendary
Activity: 2744
Merit: 1288
May 15, 2018, 11:54:37 AM
Is anyone here bullish in USD terms for this year?

For the first time since 2015 I’ve run out of hopium.

It just looks so bleak. 😔

So what does that means? That Monero will not reach $300 in 2018 anymore?   That is possible, but I would give it less then a 50% chance.  Prices can move fast. No t that then stay that high or low. But they still do change fast and strong.

After 2017 constant growth some retracement was needed. Longer this retracement will last stronger there will be momentum that will push price to upper level.    Growth of Monero and Bitcoin was not that strong in 2017 as some other cryptocurrencies simply because they acted more as a currencies then as a speculative investment. That is why this retracement was waker compared to other coins.
legendary
Activity: 1722
Merit: 1217
May 15, 2018, 11:29:43 AM
ADVANCING MONERO HARDWARE WALLET
https://forum.getmonero.org/8/funding-required/90126/advancing-monero-hardware-wallet

If you haven't donated yet please do! This is one of the most important and exciting funding requests yet. Currently sitting at 24.46% funded.

newbie
Activity: 56
Merit: 0
May 15, 2018, 07:48:47 AM
I find it somewhat surprising and very gratifying that the hash rate has remained at levels where vulnerabilities due to variance are inconsequential, despite the price winter.  It probably helps that most pump & dumps these days follow the pattern of PoS conversion which has been successful for past schemes, and thus do not attract so much persistent hash.
jr. member
Activity: 280
Merit: 1
May 15, 2018, 07:28:04 AM
I think that Monero is really good coin, but it still be at the same price now
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
May 15, 2018, 06:16:24 AM
hey guys, when are we going to the moon?

You missed it.


Maybe he is one of those that thinks that landing was faked.   Remember the flag moving like there was wind on the Moon.


It is interesting to see ZCash gained quite a lot, but BCash and LTC nothing while added to Gemini. Wonder if that is because ZCAsh is less stable ot because it is private focused coin.

It's the usual pump and dump that happens in all cryptocurrencies being traded in any exchange.  BTC included.  But you prolly already know that by now.

What makes XMR special for me is, its code is not a BTC fork but it somehow follows the same path (or close to it at least) as BTC's general development.
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