[XMR] Monero Speculation - page 285.

cryptimus prime

hero member

Activity: 493

Merit: 551

Quote from: johnalan on May 15, 2018, 05:28:44 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. 😔

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

johnalan

member

Activity: 200

Merit: 47

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. 😔

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Febo on May 14, 2018, 01:20:47 PM

Quote from: Hueristic on May 14, 2018, 12:50:17 PM

Quote from: mambamanagement on May 14, 2018, 11:34:02 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.

Or the massive amounts in the Devs hands perhaps?

Quote from: Big Naturals on May 14, 2018, 03:24:22 PM

Great article on the crypto mining industry and ASICs

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

Quote

The strategy of hardforking ASICs off of a network is going to lose potency the more it happens, because chip designers do have the ability to make chips that are flexible, anywhere from slightly flexible to highly flexible, with each piece of flexibility costing only a bit of performance. The Monero devs have committed to keeping the same general structure for the PoW algorithm, and because of that commitment we believe that you could make a Monero miner capable of surviving hard forks with less than a 5x hit to performance.

I believe I have already stated this and added that is could be done with a fpga calling the asic chip as a simplistic example.

Whtwabbit

sr. member

Activity: 490

Merit: 266

Quote from: Big Naturals on May 14, 2018, 03:24:22 PM

Great article on the crypto mining industry and ASICs

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

"Bitmain didn’t even get to announce the miners until after Monero announced their hardfork, and still it seems that they sold enough obsolete hardware to customers to make back their costs and turn a hearty profit.seems that they sold enough obsolete hardware to customers to make back their costs and turn a hearty profit."

Seems to me they were secretly mining their own ASICs then when the hardfork announcement came out they put them on the market, then removed their miners from the market and said they were "sold out" so there would be no backlash from ignorant buyers

Big Naturals

sr. member

Activity: 756

Merit: 268

Great article on the crypto mining industry and ASICs

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

JohnYDillinger

jr. member

Activity: 280

Merit: 1

Monero is good coin, I want to invest it it, but I still doubting

Febo

legendary

Activity: 2744

Merit: 1288

Quote from: Hueristic on May 14, 2018, 12:50:17 PM

Quote from: mambamanagement on May 14, 2018, 11:34:02 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.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: mambamanagement on May 14, 2018, 11:34:02 AM

hey guys, when are we going to the moon?

You missed it.

Quote from: ChooseASide on May 14, 2018, 12:20:29 PM

Quote from: rangedriver on July 01, 2016, 05:09:15 PM

Quote from: TheKoziTwo on June 30, 2016, 12:29:32 PM

So let's make a new prediction: We'll break 0.0043 this year.

I think that understates just how undervalued XMR is, and just how powerful Monero's position is in regards to securing an increasingly invincible marketcap.

A lot of cryptocurrency speculators are still very much naive in respect of Monero's extraordinary backstory, the cryptography, and the demonstrable power of it's industrial community.

But there has been a shift - a tangible sense that we are now in a prime position to occupy a space than can only really be matched by Bitcoin itself. The recent StackExchange victory proves that whatever the size of one's marketcap, it is the power of community, the egalitarian nature of the genesis, and the skill of the underlying codebase which are the real qualities that will carry projects forward without decline.

Resistance at the 0.004-0.005 level may well be inevitable, but the speed and ferocity at which it is finally broken shouldn't be of any objective surprise. Thus, I wouldn't be surprised if we were toying with 0.0160 by years end.

Either way, Monero now only has to double in value for it to be one place behind Dash on the marketcap. Consequently, and in conjunction with a perceived "Monero vs ZCash" conversation that will make Dash increasingly irrelevant, speculative and community leakage will pour massively into the Monero ecosystem and the levees will break.

Without knowing it, suddenly Monero has a marketcap in excess of $100 million.

Awesome neurolinguistics. Very clever.

Food for thought.

ChooseASide

newbie

Activity: 6

Merit: 0

Quote from: rangedriver on July 01, 2016, 05:09:15 PM

Quote from: TheKoziTwo on June 30, 2016, 12:29:32 PM

So let's make a new prediction: We'll break 0.0043 this year.

I think that understates just how undervalued XMR is, and just how powerful Monero's position is in regards to securing an increasingly invincible marketcap.

A lot of cryptocurrency speculators are still very much naive in respect of Monero's extraordinary backstory, the cryptography, and the demonstrable power of it's industrial community.

But there has been a shift - a tangible sense that we are now in a prime position to occupy a space than can only really be matched by Bitcoin itself. The recent StackExchange victory proves that whatever the size of one's marketcap, it is the power of community, the egalitarian nature of the genesis, and the skill of the underlying codebase which are the real qualities that will carry projects forward without decline.

Resistance at the 0.004-0.005 level may well be inevitable, but the speed and ferocity at which it is finally broken shouldn't be of any objective surprise. Thus, I wouldn't be surprised if we were toying with 0.0160 by years end.

Either way, Monero now only has to double in value for it to be one place behind Dash on the marketcap. Consequently, and in conjunction with a perceived "Monero vs ZCash" conversation that will make Dash increasingly irrelevant, speculative and community leakage will pour massively into the Monero ecosystem and the levees will break.

Without knowing it, suddenly Monero has a marketcap in excess of $100 million.

Awesome neurolinguistics. Very clever.

mambamanagement

member

Activity: 108

Merit: 10

hey guys, when are we going to the moon?

Febo

legendary

Activity: 2744

Merit: 1288

Quote from: Shnikes101 on May 13, 2018, 09:36:26 PM

I didn't see meeting notes today. Are they back to a less frequent schedule?

Developers meetings are every 2 weeks as they were in the past. But There was a community meeting this weekend.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: heidikarenina on May 14, 2018, 12:07:44 AM

The dumps were absorbed good enough in my opinion. The problem is that right now we have someone (credible enough for me) who is telling that there is some kind of major problem with the blockchain. But he hasnt give enough explanations. So there is great uncertainty right now and it will stay for a while unless we know more about that or we conclude it was bullshit...

Where the link to this "someone (credible enough for me)" and why would I care what you find credible? Who are you that we should trust you?

So friday instead of buying into a diving market on the rebound I shorted Stella and just put my profits in XMR at the same price I would have got it at friday.

dEBRUYNE

legendary

Activity: 2268

Merit: 1141

Quote from: heidikarenina on May 14, 2018, 12:07:44 AM

The dumps were absorbed good enough in my opinion. The problem is that right now we have someone (credible enough for me) who is telling that there is some kind of major problem with the blockchain. But he hasnt give enough explanations. So there is great uncertainty right now and it will stay for a while unless we know more about that or we conclude it was bullshit...

There's nothing wrong with the network. There was a "mini-fork" last week, which resulted in an alternative chain of 25-35 blocks. It was presumably caused by a mining pool's daemon being stuck whilst still serving a block template. In addition, some (remote) nodes were affected too, i.e., they synced to this mini alternative chain. Evidently, this resulted in a small subset of users not being able to properly use Monero.

heidikarenina

newbie

Activity: 56

Merit: 0

The dumps were absorbed good enough in my opinion. The problem is that right now we have someone (credible enough for me) who is telling that there is some kind of major problem with the blockchain. But he hasnt give enough explanations. So there is great uncertainty right now and it will stay for a while unless we know more about that or we conclude it was bullshit...

elrippos friend

full member

Activity: 1179

Merit: 210

only hodl what you understand and love!

Quote from: explorer on May 13, 2018, 04:20:00 AM

Quote from: elrippos friend on May 13, 2018, 03:56:55 AM

0,06125 bei October 15 2018 Cool

Not December 18 2017 anymore? Damn it, I'm still waiting!

#meetoo

Shnikes101

full member

Activity: 254

Merit: 109

Quote from: cAPSLOCK on May 13, 2018, 06:29:30 PM

I've been speculating a little (see what I did?).

I do not really expect ledger support on it's own to cause a big bump in price. In other words, I am not sure people will now buy Monero just because they can store it with the help of a Nano S. If I had to bet I would guess this is already priced in. I hope I am very very wrong! Wink

But, I DO believe it will make more people who have bought XMR and are holding it on the exchanges (crazy pants, imo) to take DELIVERY of their asset since they can now store it much more safely using their own gear.

If that is true this will change the liquidity on the exchange markets. It will make Monero less liquid, and possibly more volatile, with an upside bias in my opinion.

To that end once the 0.12.1 builds are out it would behoove us to make a clear foolproof tip-sheet explaining how to create the wallet in the CLI and then use it in the GUI. Because that will be the final barrier for our less tech savvy users.

I will be glad to do this and publish it. I have been trying to get the Windows binaries to compile on my machine with no luck yet...

Would love to see this guide once available.

I didn't see meeting notes today. Are they back to a less frequent schedule?

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

I've been speculating a little (see what I did?).

I do not really expect ledger support on it's own to cause a big bump in price. In other words, I am not sure people will now buy Monero just because they can store it with the help of a Nano S. If I had to bet I would guess this is already priced in. I hope I am very very wrong! Wink

But, I DO believe it will make more people who have bought XMR and are holding it on the exchanges (crazy pants, imo) to take DELIVERY of their asset since they can now store it much more safely using their own gear.

If that is true this will change the liquidity on the exchange markets. It will make Monero less liquid, and possibly more volatile, with an upside bias in my opinion.

To that end once the 0.12.1 builds are out it would behoove us to make a clear foolproof tip-sheet explaining how to create the wallet in the CLI and then use it in the GUI. Because that will be the final barrier for our less tech savvy users.

I will be glad to do this and publish it. I have been trying to get the Windows binaries to compile on my machine with no luck yet...

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: aminorex on May 13, 2018, 05:18:57 PM

Quote from: Hueristic on May 13, 2018, 01:29:05 PM

So what became of those little chain forks? Was that someone making attempts at double spends?

Masari forked for 23 blocks after switching to anti-asic hashes. Looks like a pattern to me.

Thanks man so yeah thats good news.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: Hueristic on May 13, 2018, 01:29:05 PM

So what became of those little chain forks? Was that someone making attempts at double spends?

Masari forked for 23 blocks after switching to anti-asic hashes. Looks like a pattern to me.

mambamanagement

member

Activity: 108

Merit: 10

alright guys:

what’s the 2018 predictions?

will we see an ATH in btc & usd?

Topic: [XMR] Monero Speculation - page 285. (Read 3314316 times)