Topic: [XMR] Monero Speculation - page 299. (Read 3314316 times)

Strong push at 0.03 again - let's see if XMR can gain some momentum

Woooo got 6 merits from Globb0  thank you so much mate love you! 

presently confirming the cup with handle, by achieving the handle.

There is way more to Monero than fungibility, privacy and anonymity.

There is also the reality that at the protocol level Monero can scale while Bitcoin cannot. The competitiveness of Monero's ability to scale at the protocol level, has been clouded by the very large Monero tx size when compared to Bitcoin. This difference in tx size of course has noting to do with Bitcoin's inherent inability to scale at the protocol level, since no amount of technological improvement such as moving from punched cards and telegraph lines to smartphones and fiber optics will address Bitcoin's scaling problems. Still bulletproofs could easily, by decreasing tx size in Monero by ~80%, remove this negative cloud of relative tx size and expose Monero's fundamental scaling advantage over Bitcoin to the market. If this happens I would not be surprised if we saw a significant price increase of Monero with respect to Bitcoin even in the range of ~10x. A scenario of say Bitcoin at 8,000 USD and Monero at say 2000 USD is actually not that unreasonable in a neutral to bull market or that matter say Bitcoin at 800 USD and Monero at 200 USD in a neutral to bear market scenario.

Edit 1: That above scenario is very consistent with the sharp drop in Bitcoin dominance we have seen over the last 3 years.
Edit 2: When the Diner's club was launched in 1950, they charged merchants a 7% fee to process the transactions. Today a Canadian paying for gas the United States with a Canadian credit card ends up paying more: A total of ~7.5% consisting of a  ~3,.5%  merchant fee that is passed on to the customer and a hidden but very real fee of ~4% over mid market rate charged by the bank on the CAD / USD currency exchange. So while the actual cost of processing this transaction has easily fallen during the last 68 years by a factor of 10¹² or more, the end user cost had actually gone up. Why? Because the credit card industry business models (equivalent to protocol in crypto currency) are still based upon the technology of the 1940's.

I thought looks healthy.




Don't get too zoomed in.

You didn't get "yuuuuuuuge" from a certain local car commercial, did you?

I think 0.034 is magic number that was attacked 2 times so far. Last August and 5o days ago. It will go over, it has to build enough strong momentum to push it thru.



Depends if countries will start buying in already in 2019. If they do, including big ones,  then that is quite pessimistic price for Monero.



Orchestrated by who?   Oh the reality. Yes always after rain there is sun and opposite. It is impossible that market would just go up fro long long long time.

In last 2 weeks Monero went from $162 to $271, that is like 2/3 growth. It would be hard to expect same will happen in next 2 weeks.  It needs a change.

All the wat down again? This is orchestrated yes?

This is why it is known as an anonymous coin and not a pseudonymous one like what bitcoin is.
Just like verge is toting to be but I know that monero was the first to start being known as the only real one cryptocoin who started it all.

As we know that Monero's (XMR) advantage lies in its function as a full anonymous cryptocurrency (privacy), unlike BitCoin or some other crypto which we can not call Full anonymous because if I know the wallet of your BitCoin address

XMR is a good fit for short-term investments , studying its historical data . it rises from the lowest point to the hithest point in a month . quick gains from XMR .

Tipped over 3 on Polo

 

About to?  Dude, its been 4 years in the making, and It's Happening!

i’m surprised more people aren’t talking about the emission. it’s about to seriously slow. going to be yuuuuuuuge for xmr.

Damn .03 is a fucking Bitch, what is it some kind of Mental number no-one can grasp??/ Is it unlucky for the fucking Chinese or some such goddamn thing!

Oh well I saved all my exchange bookmarks when they were all at .030 so I get to look at it anyway.

You are so right! Happy to read a thread followed by smart people.

In a novel domain like crypto the market will be wrong quite a lot. One big question is whether you can be right any more often than that.  If you lack the confidence to do so, your interest lies in owning the broad market, cap balanced.  Therefore, things move in sync more than fundamentals would dictate.  When that synchrony breaks under pressure of fundamentals, the moves will be strong and fast.  Therefore, if you are betting on a supposed edge, expect long weeks of boredom, followed by sudden moments of wide-eyed shock.

The market has no ideology, so moral merits take a back seat to technical suitability for purpose and vibrancy of the denominated economy. 

@cAPSLOCK, I too, fell ill each time I see the impossibly ridiculous coins like Ripple moving up and eating up headline spaces. They don't just run like a e-card startup, they keep falling in line with the very institutions that cryptocurrency ideals are supposed to be against. I hate seeing all the corporate suits in this market. I hate reading a news item only to find out it's a sponsored PR. I hate that everywhere I look now, I see crap upon crap and people getting rich all of it, at the expense of the idea.

ETH is a coin run by scammers that don't understand what mutability means and Monero is a private fungable currency. How can you ever compare them? How can you even trust ETH not to Fork away your coins if the Gov asks them too?

Like Zuckerburg said "I don't know why, They "trust me", Dumb fucks.

ETH is no differant.