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Topic: [XMR] Monero Speculation - page 343. (Read 3314316 times)

sr. member
Activity: 532
Merit: 251
February 25, 2018, 10:46:57 AM
I am not sure why 2018 will be the year of privacy coins but I think Monero will increase way too much this year.

Monero was in top 10 coins in the marketcap until last year. Platfrom coins such as Ethereum, Neo, Cardano, Lisk, increased and Monero lost its position. I strongly believe that Monero will take that position again because it has a daily usage. I expecy MoneroV fork will be the accelarator for the increase next month.
sr. member
Activity: 546
Merit: 250
February 25, 2018, 10:26:40 AM
2018 is the year of private coin, where monero is king
legendary
Activity: 1722
Merit: 1217
February 25, 2018, 10:14:56 AM
Is Monero the most mined by the viruses?
Can this influence is value?
The reason there's speculation that Monero is mined mainly by botnets is because a lot of the hash power comes from unknown pools. Of course *some* of that is probably botnets, but most is probably just regular miners who value their privacy or simply don't list their pool publicly.

And no, it *probably* would not influence value in any way.

I can think of one reason why it might be bullish. Monero is exactly the kind of asset that you might expect someone like a hacker or bot herder to want. Additionally they may not have the sort of sunk cost and overhead that normal miners need to account for. Therefore maybe they aren't dumping as many of the newly mined coins on the market as normal miners do.

You say that, unfortunately anyone who gets something for free doesn't care too much ho much they sell it for.

Unlike real buyers or miners.

More like bounty coins, dumped on launch for shit all.

However I do accept the favourable side effect of increased network power and stability.

Haha yea. That NEM I got for free and dumped would be worth like a million dollars today. Cheesy
sr. member
Activity: 686
Merit: 250
February 25, 2018, 09:00:57 AM
Monero infected the LA Times website:

https://www.techrepublic.com/article/l-a-times-website-injected-with-monero-cryptocurrency-mining-script/

Quote
The cryptojacking attack appears to have persisted for weeks before being addressed, as it was configured to not max out CPU usage. Hackers injected it through an unsecured AWS S3 bucket.

I wish they'd stop doing this. Pissing off the press is not the way to get crypto adopted.

It's not monero what infected them, it's that coinhive stuff.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
February 25, 2018, 08:54:25 AM
Monero infected the LA Times website:

https://www.techrepublic.com/article/l-a-times-website-injected-with-monero-cryptocurrency-mining-script/

Quote
The cryptojacking attack appears to have persisted for weeks before being addressed, as it was configured to not max out CPU usage. Hackers injected it through an unsecured AWS S3 bucket.

I wish they'd stop doing this. Pissing off the press is not the way to get crypto adopted.
legendary
Activity: 2702
Merit: 2053
Free spirit
February 25, 2018, 04:35:55 AM
Is Monero the most mined by the viruses?
Can this influence is value?
The reason there's speculation that Monero is mined mainly by botnets is because a lot of the hash power comes from unknown pools. Of course *some* of that is probably botnets, but most is probably just regular miners who value their privacy or simply don't list their pool publicly.

And no, it *probably* would not influence value in any way.

I can think of one reason why it might be bullish. Monero is exactly the kind of asset that you might expect someone like a hacker or bot herder to want. Additionally they may not have the sort of sunk cost and overhead that normal miners need to account for. Therefore maybe they aren't dumping as many of the newly mined coins on the market as normal miners do.

You say that, unfortunately anyone who gets something for free doesn't care too much how little they sell it for.

Unlike real buyers or miners with value invested.

More like bounty coins, dumped on launch for shit all.

However I do accept the favourable side effect of increased network power and stability.




legendary
Activity: 1484
Merit: 1029
February 25, 2018, 03:41:54 AM
I dunno.  It's a triangle...
had noticed that too - my XMR trading profits are way down this month - hope somebody wins soon - don't care if its the bulls or bears.
legendary
Activity: 2016
Merit: 1259
February 25, 2018, 03:02:58 AM
Is Monero the most mined by the viruses?
Can this influence is value?
The reason there's speculation that Monero is mined mainly by botnets is because a lot of the hash power comes from unknown pools. Of course *some* of that is probably botnets, but most is probably just regular miners who value their privacy or simply don't list their pool publicly.

And no, it *probably* would not influence value in any way.

I can think of one reason why it might be bullish. Monero is exactly the kind of asset that you might expect someone like a hacker or bot herder to want. Additionally they may not have the sort of sunk cost and overhead that normal miners need to account for. Therefore maybe they aren't dumping as many of the newly mined coins on the market as normal miners do.

Even if they were dumping direct to market, it won't matter.  The emission rate is going over the precipice.  Asks will inevitably dry up at these low levels..
full member
Activity: 406
Merit: 101
February 25, 2018, 12:58:59 AM
Self-moderated thread for discussion of Monero trading and price speculation.

Off topic posts will be removed. Off topic includes any extensive discussion of other coins, promoting other coins, or posting of promotional materials from other coins.

Non-substantive comments such as Monero sucks, Monero is a scam, Monero is great, Monero to the moon, etc. are considered off topic. Every post and reply should add to the discussion. The preceding sentence forbids repetitive exchanges on the same topic without some topical context.

Hostile trolling (which includes but is not limited to use of "meme" pictures to attack or demean) especially by sock puppet accounts is not allowed.

When quoting posts, please remove any large charts or other images unless the quoted post is at least one page old. Please shrink (or remove) large images in replies in all cases.

When I am speaking as the moderator, and only then, I will write in red. Other messages using red text are not permitted.

People speculating on Monero may also be interested in the MoneroMarkets subreddit (unaffiliated)
Much has been said, but for me it is important that it is safe, but not completely anonymous and has huge transaction sizes, which reduces the speed of transfers. And if the developers continue to implement it in other projects, then the price can reach 1k. Yes, every year, non-produced blocks are getting smaller, which in turn increases its value.
member
Activity: 192
Merit: 13
February 25, 2018, 12:02:15 AM
March/ April will make Monero/ Altcoins great again! "Trump voice"  Grin
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
February 24, 2018, 11:33:03 PM
I dunno.  It's a triangle...

legendary
Activity: 1722
Merit: 1217
February 24, 2018, 11:13:00 PM
Is Monero the most mined by the viruses?
Can this influence is value?
The reason there's speculation that Monero is mined mainly by botnets is because a lot of the hash power comes from unknown pools. Of course *some* of that is probably botnets, but most is probably just regular miners who value their privacy or simply don't list their pool publicly.

And no, it *probably* would not influence value in any way.

I can think of one reason why it might be bullish. Monero is exactly the kind of asset that you might expect someone like a hacker or bot herder to want. Additionally they may not have the sort of sunk cost and overhead that normal miners need to account for. Therefore maybe they aren't dumping as many of the newly mined coins on the market as normal miners do.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
February 24, 2018, 11:02:09 PM
for reference - Cryptocurrency appeared on April 18, 2014 as a fork of Bytecoin (not to be confused with Bitcoin). When it became clear that more than 80% of the maximum number of Bytecoin has already been distributed, the community decided to re-issue under the name "Monero", starting with zero preliminary mining.

For reference your research skills need some honing, close but no cigar. Maybe your translation skills are not up to par? Your also posting this in the wrong thread and even if this wasn't so incorrect I'm not sure of any thread it belongs in. The only people that will understand what you posted are those that already know what you are trying to say and failing at which makes your post moot to begin with. I hope this helps but I'm gonna take a shot and guess you'll not comprehend my reply once translated to whatever your language is.

Is Monero the most mined by the viruses?
Can this influence is value?
The reason there's speculation that Monero is mined mainly by botnets is because a lot of the hash power comes from unknown pools. Of course *some* of that is probably botnets, but most is probably just regular miners who value their privacy or simply don't list their pool publicly.

And no, it *probably* would not influence value in any way.

Not only botnets but webpage miners now as well and I say what a great use of those resources! Providing a private fungible store of value is a boon to mankind and should be an inalienable right not a dream that must be fought for.





full member
Activity: 406
Merit: 105
Chosŏn Minjujuŭi Inmin Konghwaguk
February 24, 2018, 06:15:39 PM
Is Monero the most mined by the viruses?
Can this influence is value?
The reason there's speculation that Monero is mined mainly by botnets is because a lot of the hash power comes from unknown pools. Of course *some* of that is probably botnets, but most is probably just regular miners who value their privacy or simply don't list their pool publicly.

And no, it *probably* would not influence value in any way.
I'm sorry, I love Monero and all but this is a load of shit. Yes, botnets mine Monero, get over it.
sr. member
Activity: 504
Merit: 250
February 24, 2018, 04:51:28 PM
Is Monero the most mined by the viruses?
Can this influence is value?
The reason there's speculation that Monero is mined mainly by botnets is because a lot of the hash power comes from unknown pools. Of course *some* of that is probably botnets, but most is probably just regular miners who value their privacy or simply don't list their pool publicly.

And no, it *probably* would not influence value in any way.
full member
Activity: 308
Merit: 100
February 24, 2018, 03:28:10 PM
for reference - Cryptocurrency appeared on April 18, 2014 as a fork of Bytecoin (not to be confused with Bitcoin). When it became clear that more than 80% of the maximum number of Bytecoin has already been distributed, the community decided to re-issue under the name "Monero", starting with zero preliminary mining.
hero member
Activity: 1874
Merit: 840
Keep what's important, and know who's your friend
February 24, 2018, 03:07:51 PM
Person who is reading this post.  Are you worried?  Does the MoneroV hard fork make you scared about whether you should go long/short in order to profit 5X within 5 days?  Constantly looking at graphs and drawing lines on them to predict what millions of anonymous individuals on the internet will do at a certain point in time, in order to make a profit off those same dumb ass pleb traders?

Maybe you need a break. Maybe you need to do something else to get your mind out of the daily grind of 'day trading' and do something else that's more productive and good for the mind.  And just like you and I know, the best/most healthy thing for the mind is to... yes that's right... gamble.

Instead of doing graph analysis, how about researching something that's even more pointless than that; like researching what basketball team will win this year's NCAA basketball championship and pretending to know what underdogs will go far in the tournament! How fun!

Join us over on this years 2nd Annual Monero Madness thread
sr. member
Activity: 420
Merit: 250
February 24, 2018, 11:12:10 AM
Monero is not mined by bots, people mine it on purpose because it's profitable. I know the price was around $20 1 year ago, now the price went up very much obviously and it's a good one still.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
February 24, 2018, 11:07:43 AM
It seems to me Mongolo is attracted to the number 3 recently.

It does not like to be either:

1.  Less than .03 BTC

-or-

2.  MORE than $300

It tends to be attracted upwardly to the BTC price (And usually back to the USD price), or downwardly towards the USD price.

Maybe I need more sleep?
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
February 24, 2018, 08:14:14 AM
Is Monero the most mined by the viruses?
Can this influence is value?
Yes and yes, Monero is for criminals by criminals

Yeeeaaaahhhhh, and your Avatar reflects your mind  Grin
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