[XMR] Monero Speculation - page 320.

Febo

legendary

Activity: 2744

Merit: 1288

Quote from: ol92 on March 18, 2018, 03:33:56 PM

Quote from: Hueristic on March 18, 2018, 02:57:09 PM

Quote from: Febo on March 18, 2018, 02:42:18 PM

https://monerobase.com/wiki/DevMeeting_2018-03-18

To allow some additional time to test all of the new features, the next Monero release has been pushed to ~April 6th: https://github.com/monero-project/monero/pull/3424
Version 0.12 "Lithium Luna"
The release is expected to be tagged and ready for testing this week.
v0.12 "Major" Features
MultiSig
SubAddresses
Default Ring Size increase from 5 to 7
Proof of Work changes to combat ASIC's
Initial hardware wallet support for Ledger
Key reuse mitigations
A Dark theme for the official GUI should be finalized this week.

Well this isn't going to help price at all.

thanks for the post.

I would say the list of major features is really impressive and should have a more profound impact than the slight delay...

List of new features in this upgrade is huge. Not for us that monitor Monero progress in details here, but for coin itself is just huge.

Quote from: denetci on March 19, 2018, 06:49:51 AM

If there was a hardware wallet like Trezor that supported Monero, how would it be affected by the upcoming 28 March changes? Does the algorithm change only affect miners and not wallets?

Monero protocol upgrade ( hard fork) will happen in 6th April. We will have to update our wallets if we will want to use Monero. Usually they are available like a week or two in advance.

Quote from: Anon136 on March 18, 2018, 09:29:01 PM

Quote from: rommelzkie on March 18, 2018, 09:21:33 PM

Quote from: TheBeardedBaby on March 18, 2018, 05:27:20 PM

I guess one of the reasons for the price drop you are talking about is because both Bitmain and Baikal announced that Monero ASICs are comming to the market - Bitmain Antminer X3 and Baikal Giant N
Looks like a lot of people are concern about them and this reflects to the current price level of all the Cryptonight coins.

Is this true? If its then monero will get pumped hard and fall down like a crashing plane afterwards. Just like what happened to DASH.

can you provide us the link for this monero miners.? I hope monero V fork has a solution for this .

I don't think moneroV does. But monero monero does. A slight change is going to be made to the mining algorithm that will render these asics useless for mining monero.

I also dont think anyone would buy an asic miner to mine moneroV. Not sure if there are any other cryptonote coins that people will buy asic miners for.

Quote from: pa on March 19, 2018, 07:07:12 AM

Quote from: tokeweed on March 19, 2018, 06:28:08 AM

Quote from: Anon136 on March 18, 2018, 09:29:01 PM

Quote from: rommelzkie on March 18, 2018, 09:21:33 PM

Quote from: TheBeardedBaby on March 18, 2018, 05:27:20 PM

I guess one of the reasons for the price drop you are talking about is because both Bitmain and Baikal announced that Monero ASICs are comming to the market - Bitmain Antminer X3 and Baikal Giant N
Looks like a lot of people are concern about them and this reflects to the current price level of all the Cryptonight coins.

Is this true? If its then monero will get pumped hard and fall down like a crashing plane afterwards. Just like what happened to DASH.

can you provide us the link for this monero miners.? I hope monero V fork has a solution for this .

I don't think moneroV does. But monero monero does. A slight change is going to be made to the mining algorithm that will render these asics useless for mining monero.

Fishy how the timing of the MoneroV attack fork and the Cryptonote ASIC's is. Could Bitmain and those XMV devs be all in it together?

And it's worrisome that they found some sort of 'attack vector'. Even if this one fails, other more malevolent attackers could try it again and again, both the ASIC attack and the fork attack.

I had the same thought. The price of financial liberty will be eternal vigilance.

I have no ideas if they could be connected, but the ASIC sales only happened because it was announced that mining algorithm will get tweaked. They had been mining in secret for at least 3 months. Now that this ASIC will become obsolete they hope to dump them on some people that are misinformed about mining algorithm tweak.

SheepSuit

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Activity: 140

Merit: 10

Quote from: pradobo on March 19, 2018, 07:49:43 AM

Quote from: Anon136 on March 16, 2018, 08:44:13 PM

Quote from: cAPSLOCK on March 16, 2018, 08:41:30 PM

Quote from: Anon136 on March 16, 2018, 08:36:45 PM

Quote from: cAPSLOCK on March 16, 2018, 08:24:53 PM

Quote from: Anon136 on March 16, 2018, 08:18:47 PM

I'll bite. Post them addresses.

You want BTC, LTC, something else? (I don't touch BCash)

Market dump? Limit dump?

44RTDnaPPKm7Rz786ugX5LGGP8ZSjFSfw3xZBtFhqjecgTNoqpohP6NRv774Cdk1QqE7WRpkLZ44aiJ ATczaw8EC4wRGStZ

What ever has worked worst for you in the past Cheesy

BTC address?

I meant to send 0.01 but I sent 0.001. All I did was pay a transaction fee and make dust Cheesy

Such mistakes are made by everyone, especially those people who make many transactions in one day. You need to be more attentive next time.

Exactly. Good that you made a mistake of this magnitude. i have made worse ones

pradobo

member

Activity: 266

Merit: 10

Quote from: Anon136 on March 16, 2018, 08:44:13 PM

Quote from: cAPSLOCK on March 16, 2018, 08:41:30 PM

Quote from: Anon136 on March 16, 2018, 08:36:45 PM

Quote from: cAPSLOCK on March 16, 2018, 08:24:53 PM

Quote from: Anon136 on March 16, 2018, 08:18:47 PM

I'll bite. Post them addresses.

You want BTC, LTC, something else? (I don't touch BCash)

Market dump? Limit dump?

44RTDnaPPKm7Rz786ugX5LGGP8ZSjFSfw3xZBtFhqjecgTNoqpohP6NRv774Cdk1QqE7WRpkLZ44aiJ ATczaw8EC4wRGStZ

What ever has worked worst for you in the past Cheesy

BTC address?

I meant to send 0.01 but I sent 0.001. All I did was pay a transaction fee and make dust Cheesy

Such mistakes are made by everyone, especially those people who make many transactions in one day. You need to be more attentive next time.

TheBeardedBaby

legendary

Activity: 2240

Merit: 3150

₿uy / $ell ..oeleo ;(

Quote from: Anon136 on March 18, 2018, 09:29:01 PM

Quote from: rommelzkie on March 18, 2018, 09:21:33 PM

~snip~
can you provide us the link for this monero miners.? I hope monero V fork has a solution for this .

I don't think moneroV does. But monero monero does. A slight change is going to be made to the mining algorithm that will render these asics useless for mining monero.

Is this announced somewhere? The HYPE and FUD are really strong forces and big part of the crypto miners are like sheep /no offense/ they have no idea what they are doing, only money matters, so I guess many will be fooled around to buy some expensive ASICs door-stoppers.

alaskabm

newbie

Activity: 11

Merit: 2

Quote from: alaskabm on March 16, 2018, 04:47:24 AM

Next week the G20 is coming up and they will also talk about crypto. As stated in the public document of the G20(: https://back-g20.argentina.gob.ar/sites/default/files/media/finance_ministerial_highlights.pdf) they understand that crypto has the potential to promote financial inclusion but at the same time they will try to analyse implications to financial stability, tax evasion and financing illegal activities. These statements are nothing new and very similar to what was said previously at the US senate hearings.

Could this have implications on Monero?

The other day I asked about the impact that the G20 might have on Monero and didn't get much attention. I guess that the line of thought is that no one really cares about what the G20 has to say about BTC or XMR since they can't stop us from having and using XMR.

What scared me though is that BTC (XMR followed) went on a run on the news that there won't be any special regulations coming up soon. This is strong evidence that govs and central banks have a very strong impact on crypto and can do whatever they want(weren't BTC and XMR born to be out of this system?). The fact that XMR price is so dependent on regulations is scary and this is a fact shown by the price movements following the news. Having no tight regulations is of course positive but what will happen when a crackdown arrives?. BTC and XMR just showed that they are super dependent on what govs and central banks say.

In the hypothetical scenario of upcoming regulations for privacy coins (bans on exchanges for example) XMR will be strongly affected as shown by positive response to G20 news.

I thought that XMR was way more resilient to regulations. Unfortunately correlation works both ways, up and down

pa

hero member

Activity: 528

Merit: 501

Quote from: tokeweed on March 19, 2018, 06:28:08 AM

Quote from: Anon136 on March 18, 2018, 09:29:01 PM

Quote from: rommelzkie on March 18, 2018, 09:21:33 PM

Quote from: TheBeardedBaby on March 18, 2018, 05:27:20 PM

I guess one of the reasons for the price drop you are talking about is because both Bitmain and Baikal announced that Monero ASICs are comming to the market - Bitmain Antminer X3 and Baikal Giant N
Looks like a lot of people are concern about them and this reflects to the current price level of all the Cryptonight coins.

Is this true? If its then monero will get pumped hard and fall down like a crashing plane afterwards. Just like what happened to DASH.

can you provide us the link for this monero miners.? I hope monero V fork has a solution for this .

I don't think moneroV does. But monero monero does. A slight change is going to be made to the mining algorithm that will render these asics useless for mining monero.

Fishy how the timing of the MoneroV attack fork and the Cryptonote ASIC's is. Could Bitmain and those XMV devs be all in it together?

And it's worrisome that they found some sort of 'attack vector'. Even if this one fails, other more malevolent attackers could try it again and again, both the ASIC attack and the fork attack.

I had the same thought. The price of financial liberty will be eternal vigilance.

nazzer

member

Activity: 238

Merit: 11

Quote from: denetci on March 19, 2018, 06:49:51 AM

If there was a hardware wallet like Trezor that supported Monero, how would it be affected by the upcoming 28 March changes? Does the algorithm change only affect miners and not wallets?

Wallets hold the private key to an address on the blockchain, miners run a proof of work algorithm to secure the blockchain.

These are two different cryptographic operations.

denetci

sr. member

Activity: 490

Merit: 278

If there was a hardware wallet like Trezor that supported Monero, how would it be affected by the upcoming 28 March changes? Does the algorithm change only affect miners and not wallets?

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: Anon136 on March 18, 2018, 09:29:01 PM

Quote from: rommelzkie on March 18, 2018, 09:21:33 PM

Quote from: TheBeardedBaby on March 18, 2018, 05:27:20 PM

I guess one of the reasons for the price drop you are talking about is because both Bitmain and Baikal announced that Monero ASICs are comming to the market - Bitmain Antminer X3 and Baikal Giant N
Looks like a lot of people are concern about them and this reflects to the current price level of all the Cryptonight coins.

Is this true? If its then monero will get pumped hard and fall down like a crashing plane afterwards. Just like what happened to DASH.

can you provide us the link for this monero miners.? I hope monero V fork has a solution for this .

I don't think moneroV does. But monero monero does. A slight change is going to be made to the mining algorithm that will render these asics useless for mining monero.

Fishy how the timing of the MoneroV attack fork and the Cryptonote ASIC's is. Could Bitmain and those XMV devs be all in it together?

And it's worrisome that they found some sort of 'attack vector'. Even if this one fails, other more malevolent attackers could try it again and again, both the ASIC attack and the fork attack.

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: vit05 on March 18, 2018, 10:38:48 PM

The Monero community was against the possibility of Bitmain dominating and defining the future of the market. This is unbelievable and more people should start supporting the currency. But if that fork will result in a competitor like BCash. With people who constantly spread bad news, lies and act against the currency, it will be a bad thing.

No. It is a routine fork. We do it every 6 months. We have been doing this for a long time. It never has been an issue even once. In fact we sort of hard fork even if there is no real technological motivation to do so. It is like a vote of confidence by the community in the direction of the dev team. It's almost like an election but with consensus rather than majority.

If people want to fork off and leave than we would kind of rather them do that than hang around and make strife. But no one ever has. Except these MoneroV morons who are doing it for a cash grab rather than out of any true ideological divide.

vit05

hero member

Activity: 672

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The Monero community was against the possibility of Bitmain dominating and defining the future of the market. This is unbelievable and more people should start supporting the currency. But if that fork will result in a competitor like BCash. With people who constantly spread bad news, lies and act against the currency, it will be a bad thing.

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: rommelzkie on March 18, 2018, 09:21:33 PM

Quote from: TheBeardedBaby on March 18, 2018, 05:27:20 PM

I guess one of the reasons for the price drop you are talking about is because both Bitmain and Baikal announced that Monero ASICs are comming to the market - Bitmain Antminer X3 and Baikal Giant N
Looks like a lot of people are concern about them and this reflects to the current price level of all the Cryptonight coins.

Is this true? If its then monero will get pumped hard and fall down like a crashing plane afterwards. Just like what happened to DASH.

can you provide us the link for this monero miners.? I hope monero V fork has a solution for this .

I don't think moneroV does. But monero monero does. A slight change is going to be made to the mining algorithm that will render these asics useless for mining monero.

rommelzkie

full member

Activity: 294

Merit: 125

Quote from: TheBeardedBaby on March 18, 2018, 05:27:20 PM

I guess one of the reasons for the price drop you are talking about is because both Bitmain and Baikal announced that Monero ASICs are comming to the market - Bitmain Antminer X3 and Baikal Giant N
Looks like a lot of people are concern about them and this reflects to the current price level of all the Cryptonight coins.

Is this true? If its then monero will get pumped hard and fall down like a crashing plane afterwards. Just like what happened to DASH.

can you provide us the link for this monero miners.? I hope monero V fork has a solution for this .

jwinterm

legendary

Activity: 3178

Merit: 1119

Quote from: aerbax on March 18, 2018, 06:12:53 PM

Quote from: Hueristic on March 18, 2018, 05:57:17 PM

...
When the hell have you ever seen this space movie in a linear direction?

Oh, agreed.. We can certainly jump up $65 in a week.. or $100.. or lose $200 over the course of two weeks.

It's a rollercoaster ride that ...when averaged over time... moves upward. But I just don't think we're going to see a $1550 improvement in under 6 months.

It's totally possible.. as Bitcoin did it last year. But Ethereum couldn't. And I don't think we have the market interest that Ethereum has....yet.

A Coinbase announcement could take us to $600.. and I think the improvements coming in the April release will get us closer to that. They may want some time to see how our subaddresses and MultiSig works out. And at their scale, I can't imagine that they wanted to work with Payment ID's. So our move away from those may also be seen favorably.

From Aug 2017 to late 2017/early 2018 it went from under $50 to nearly $500 briefly. If we settle in around $200 now, then I don't think it's completely crazy to see it go 7-8x and touch $1500. Not saying I think it's likely, but, not out of the question.

chibimanau

full member

Activity: 532

Merit: 100

Monero is a great altcoin. I think the confidentiality protocols will be important in 2018, 2019. Monero is a very popular and developing project for many years.

aerbax

full member

Activity: 201

Merit: 100

Quote from: Hueristic on March 18, 2018, 05:57:17 PM

...
When the hell have you ever seen this space movie in a linear direction?

Oh, agreed.. We can certainly jump up $65 in a week.. or $100.. or lose $200 over the course of two weeks.

It's a rollercoaster ride that ...when averaged over time... moves upward. But I just don't think we're going to see a $1550 improvement in under 6 months.

It's totally possible.. as Bitcoin did it last year. But Ethereum couldn't. And I don't think we have the market interest that Ethereum has....yet.

A Coinbase announcement could take us to $600.. and I think the improvements coming in the April release will get us closer to that. They may want some time to see how our subaddresses and MultiSig works out. And at their scale, I can't imagine that they wanted to work with Payment ID's. So our move away from those may also be seen favorably.

Hueristic

legendary

Activity: 3836

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Doomed to see the future and unable to prevent it

Quote from: aerbax on March 18, 2018, 05:49:43 PM

Quote from: ?? on ??

I normally dont do price analysis- i predict 1750 by AUGUST 2018

It's 165 days(or 23.5 weeks..or 5.5 months) until August 30th.

We're currently at ~$200

There's a $1550 different between those two numbers.

That means that we have to go up
$9.40/day
or
$65/week
or
$281/mo

That's not impossible, but really really improbable.

I have nothing to base this on, but I don't really see Monero going past $1k this year - perhaps a brief spike above $1k - followed by a huge dump.

I think we can probably push and sustain somewhere near $500 ($480 to $560 sounds about right). Pumps up to ~$750-800. Asia might see it higher.

When the hell have you ever seen this space movie in a linear direction?

aerbax

full member

Activity: 201

Merit: 100

Quote from: ?? on ??

I normally dont do price analysis- i predict 1750 by AUGUST 2018

It's 165 days(or 23.5 weeks..or 5.5 months) until August 30th.

We're currently at ~$200

There's a $1550 different between those two numbers.

That means that we have to go up
$9.40/day
or
$65/week
or
$281/mo

That's not impossible, but really really improbable.

I have nothing to base this on, but I don't really see Monero going past $1k this year - perhaps a brief spike above $1k - followed by a huge dump.

I think we can probably push and sustain somewhere near $500 ($480 to $560 sounds about right). Pumps up to ~$750-800. Asia might see it higher.

aerbax

full member

Activity: 201

Merit: 100

Quote from: TheBeardedBaby on March 18, 2018, 05:27:20 PM

I guess one of the reasons for the price drop you are talking about is because both Bitmain and Baikal announced that Monero ASICs are comming to the market - Bitmain Antminer X3 and Baikal Giant N
Looks like a lot of people are concern about them and this reflects to the current price level of all the Cryptonight coins.

Right, but prior to them even being announced, they were DoA for Monero. The Monero Core team had gotten wind of ASIC's being a thing and with the coming upgrade on April 6th, they will be doorstops.

I guess you could use it for Boolberry or Ducknote(or whatever they call it now).

TheBeardedBaby

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Activity: 2240

Merit: 3150

₿uy / $ell ..oeleo ;(

I guess one of the reasons for the price drop you are talking about is because both Bitmain and Baikal announced that Monero ASICs are comming to the market - Bitmain Antminer X3 and Baikal Giant N
Looks like a lot of people are concern about them and this reflects to the current price level of all the Cryptonight coins.

Topic: [XMR] Monero Speculation - page 320. (Read 3314350 times)