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Topic: [XMR] Monero Speculation - page 365. (Read 3314316 times)

full member
Activity: 161
Merit: 100
<3 Crypto
February 08, 2018, 05:19:25 AM
I probably missed it, but I didn't see this coming.

Any idea/feedback about Monero-fork, MoveroV?
https://monerov.org/
hero member
Activity: 697
Merit: 503
February 08, 2018, 04:25:19 AM
Global hashrate is pretty big at the moment - glad it's picking up. Unfortunately the pool I use is terrible and hasnt mined a block in nearly 24 hrs.

I think XMR is hugely undervalued at the moment
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
February 08, 2018, 02:40:44 AM
XMR is altcoin is pretty good and the longer the price is also increasing, particularly suitable if used to invest in the long term.

I agree with you, XMR is a good altcoin.

But I’m concerned how laws than ban anonymous trading. For example the ones introduced in South Korea recently. Without anonymity what’s the difference between XMR and BTC?

Anonymous centralized commercial trading does not have anything to do with private peer to peer transactions.  They want their pound of flesh.  No more, no less.  Well, maybe more...

If everyone is using only XMR I would have no issues. But if the only way to change your XMR to BTC/fiat is peer to peer, I feel it’s would be very inconvenient.

Inconvenience is a small price for privacy. This is mainly a speculator's concern as they don't want to see the price drop due to ease-of-use (for themselves). Anyone who needs, or really-really-really wants privacy, will happily go to café and trade cash for xmr--I'm amazed that the early years of Bitcoin are so soon forgotten by crypto-rushers of today who can't see past their lambo dreams to actual usecases being delivered. Of course, this is the same greedy myopia that led to Bitcoin Maximalist--who somehow forget the one market that mattered in their pursuit for institutional money. Maybe that bet works out in the end (digital gold seems as dumb as real gold's perceived value, "look shiny!"), so it may work out for those who will eat their dicks if it doesn't. Meanwhile Monero moves on to claim the title of digital cash, which is something useful enough to survive inconvenience.

You have a point, some people will give up convenience for privacy.

But again there are some issues when your trading in person.
1) the exchange rate is usually worse;
2) there’s a danger or getting robbed.

And yes I’ve heard news of people actually getting robbed when they were supposed to meet up for an exchange.

Atomic swaps should nullify this point--though TPTB may decide to outlaw all crypto. That seems a death knell, but stupider things have happened.

Also, how many people are robbed in xmr/cash exchanges? Is it comparable to how many dollars have been lost on BTC exchanges or who have been robbed in muggings or any other money related scenarios? I'm not saying the risk isn't there, but that that it may be overblown as a fear. I don't no anyone who as ever been robbed in a cash/xmr exchange, but I also don't know anyone who has ever been attacked by a shark--shit happens, even at ~0 risk (living in a armoured bubble?) you still die.
newbie
Activity: 42
Merit: 0
February 08, 2018, 02:28:46 AM
XMR is altcoin is pretty good and the longer the price is also increasing, particularly suitable if used to invest in the long term.

I agree with you, XMR is a good altcoin.

But I’m concerned how laws than ban anonymous trading. For example the ones introduced in South Korea recently. Without anonymity what’s the difference between XMR and BTC?

Anonymous centralized commercial trading does not have anything to do with private peer to peer transactions.  They want their pound of flesh.  No more, no less.  Well, maybe more...

If everyone is using only XMR I would have no issues. But if the only way to change your XMR to BTC/fiat is peer to peer, I feel it’s would be very inconvenient.

Inconvenience is a small price for privacy. This is mainly a speculator's concern as they don't want to see the price drop due to ease-of-use (for themselves). Anyone who needs, or really-really-really wants privacy, will happily go to café and trade cash for xmr--I'm amazed that the early years of Bitcoin are so soon forgotten by crypto-rushers of today who can't see past their lambo dreams to actual usecases being delivered. Of course, this is the same greedy myopia that led to Bitcoin Maximalist--who somehow forget the one market that mattered in their pursuit for institutional money. Maybe that bet works out in the end (digital gold seems as dumb as real gold's perceived value, "look shiny!"), so it may work out for those who will eat their dicks if it doesn't. Meanwhile Monero moves on to claim the title of digital cash, which is something useful enough to survive inconvenience.

You have a point, some people will give up convenience for privacy.

But again there are some issues when your trading in person.
1) the exchange rate is usually worse;
2) there’s a danger or getting robbed.

And yes I’ve heard news of people actually getting robbed when they were supposed to meet up for an exchange.
legendary
Activity: 2016
Merit: 1259
February 08, 2018, 01:47:13 AM
XMR is altcoin is pretty good and the longer the price is also increasing, particularly suitable if used to invest in the long term.

I agree with you, XMR is a good altcoin.

But I’m concerned how laws than ban anonymous trading. For example the ones introduced in South Korea recently. Without anonymity what’s the difference between XMR and BTC?

Anonymous centralized commercial trading does not have anything to do with private peer to peer transactions.  They want their pound of flesh.  No more, no less.  Well, maybe more...

If everyone is using only XMR I would have no issues. But if the only way to change your XMR to BTC/fiat is peer to peer, I feel it’s would be very inconvenient.

   Paypal is convenient (or so I've heard) if convenient is what is most important to you.  Another, more useful way to get XMR, is to sell goods or services for it.  That's what whoever you are sending it to is doing.  Cut out the middle man.  That is how you get everyone using only XMR.   If you won't go out of your way a little to use it, why would you expect anyone else to?  It starts with you.  Centralization is currently convenient, but losing ground to regulations.  Decentralized exchanges are not yet common, but will become more so, as centralized ones become less palatable.  Choices abound.  Join the revolution, or hide until it's over.  Do what you gotta do. 
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
February 08, 2018, 01:34:47 AM
XMR is altcoin is pretty good and the longer the price is also increasing, particularly suitable if used to invest in the long term.

I agree with you, XMR is a good altcoin.

But I’m concerned how laws than ban anonymous trading. For example the ones introduced in South Korea recently. Without anonymity what’s the difference between XMR and BTC?

Anonymous centralized commercial trading does not have anything to do with private peer to peer transactions.  They want their pound of flesh.  No more, no less.  Well, maybe more...

If everyone is using only XMR I would have no issues. But if the only way to change your XMR to BTC/fiat is peer to peer, I feel it’s would be very inconvenient.

Inconvenience is a small price for privacy. This is mainly a speculator's concern as they don't want to see the price drop due to ease-of-use (for themselves). Anyone who needs, or really-really-really wants privacy, will happily go to café and trade cash for xmr--I'm amazed that the early years of Bitcoin are so soon forgotten by crypto-rushers of today who can't see past their lambo dreams to actual usecases being delivered. Of course, this is the same greedy myopia that led to Bitcoin Maximalist--who somehow forget the one market that mattered in their pursuit for institutional money. Maybe that bet works out in the end (digital gold seems as dumb as real gold's perceived value, "look shiny!"), so it may work out for those who will eat their dicks if it doesn't. Meanwhile Monero moves on to claim the title of digital cash, which is something useful enough to survive inconvenience.
legendary
Activity: 1722
Merit: 1217
February 08, 2018, 01:23:00 AM
Historically, when any asset bubble bursts, the unwinding bear market typically lasts 2 years on average (from peak price to ultimate low); and usually erases 80%-90% in value; see here:
http://www.thebubblebubble.com/historic-crashes/

That's odd. I've been here since 2010. I've seen soo many cryptocurrency bubbles burst over that time and it never took 2 years to start recovering. I mean sure maybe this time it's different. Of course it COULD be different this time. But you say this like its an established pattern.

*edit* looks like it took almost 2 years starting in 2014
newbie
Activity: 42
Merit: 0
February 08, 2018, 12:18:13 AM
XMR is altcoin is pretty good and the longer the price is also increasing, particularly suitable if used to invest in the long term.

I agree with you, XMR is a good altcoin.

But I’m concerned how laws than ban anonymous trading. For example the ones introduced in South Korea recently. Without anonymity what’s the difference between XMR and BTC?

Anonymous centralized commercial trading does not have anything to do with private peer to peer transactions.  They want their pound of flesh.  No more, no less.  Well, maybe more...

If everyone is using only XMR I would have no issues. But if the only way to change your XMR to BTC/fiat is peer to peer, I feel it’s would be very inconvenient.
legendary
Activity: 2016
Merit: 1259
February 07, 2018, 11:48:47 PM
XMR is altcoin is pretty good and the longer the price is also increasing, particularly suitable if used to invest in the long term.

I agree with you, XMR is a good altcoin.

But I’m concerned how laws than ban anonymous trading. For example the ones introduced in South Korea recently. Without anonymity what’s the difference between XMR and BTC?

Anonymous centralized commercial trading does not have anything to do with private peer to peer transactions.  They want their pound of flesh.  No more, no less.  Well, maybe more...
newbie
Activity: 42
Merit: 0
February 07, 2018, 11:13:22 PM
XMR is altcoin is pretty good and the longer the price is also increasing, particularly suitable if used to invest in the long term.

I agree with you, XMR is a good altcoin.

But I’m concerned how laws than ban anonymous trading. For example the ones introduced in South Korea recently. Without anonymity what’s the difference between XMR and BTC?
newbie
Activity: 210
Merit: 0
February 07, 2018, 10:39:31 PM
XMR is altcoin is pretty good and the longer the price is also increasing, particularly suitable if used to invest in the long term.
full member
Activity: 133
Merit: 100
February 07, 2018, 10:14:22 PM
Im considering buying monero.  However, what is the absolute highest price you guys think monero can hit?  Its already over 200 dollars.  Does anyone here think 2k or 5k is possible?  The fact that its a privacy coin and talked about alot should mean a lot right?

I think the price could be between 0.1 to 0.2 bitcoin. So it will be around 1000 to 2000 dollars.


I believe that should be expected for 2019-2020. Lets hope in 2021 will already be more.

That's a very bullish sentiment but yet still believable. Quite the difference since if you had said that 3 years ago, you would be accused of smoking some strong crack.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
February 07, 2018, 09:57:57 PM
I think you could be the price between 800 and 1000 $ for the third quarter of this year, and I would like that increase to be stable and not with so much volatility


I'll see what I can do.

You get on that! Smiley

So coinbase screwed me with the KYC making me lose over 50% on my BTC they had locked up and wouldn't let me withdraw and now they have the nerve to email me saying they've raised my purchase level! Fuckers as if I'd ever purchase through them again (I actually tried once since they locked my withdraw).

may KYC machine be a killer machine ?

I'm pretty sure thats whats been behind alot of POLO and Coinbase issues.

BTW I missed that low by .00031 Dammit !!!
hero member
Activity: 1926
Merit: 538
February 07, 2018, 09:41:52 PM
I think you could be the price between 800 and 1000 $ for the third quarter of this year, and I would like that increase to be stable and not with so much volatility


I'll see what I can do.

You get on that! Smiley

So coinbase screwed me with the KYC making me lose over 50% on my BTC they had locked up and wouldn't let me withdraw and now they have the nerve to email me saying they've raised my purchase level! Fuckers as if I'd ever purchase through them again (I actually tried once since they locked my withdraw).

may KYC machine be a killer machine ?
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
February 07, 2018, 07:08:11 PM
I think you could be the price between 800 and 1000 $ for the third quarter of this year, and I would like that increase to be stable and not with so much volatility


I'll see what I can do.

You get on that! Smiley

So coinbase screwed me with the KYC making me lose over 50% on my BTC they had locked up and wouldn't let me withdraw and now they have the nerve to email me saying they've raised my purchase level! Fuckers as if I'd ever purchase through them again (I actually tried once since they locked my withdraw).
legendary
Activity: 2744
Merit: 1288
February 07, 2018, 05:50:09 PM
Im considering buying monero.  However, what is the absolute highest price you guys think monero can hit?  Its already over 200 dollars.  Does anyone here think 2k or 5k is possible?  The fact that its a privacy coin and talked about alot should mean a lot right?

I think the price could be between 0.1 to 0.2 bitcoin. So it will be around 1000 to 2000 dollars.


I believe that should be expected for 2019-2020. Lets hope in 2021 will already be more.
member
Activity: 476
Merit: 10
February 07, 2018, 05:42:27 PM
I trust XMR. It is not possible to live a very big uneasiness. It's the main project of the market. The price came back to the appropriate level for purchase. The exact order to turn a crisis into a fright. (It is not an investment advice.)
sr. member
Activity: 327
Merit: 252
February 07, 2018, 04:50:47 PM
I think you could be the price between 800 and 1000 $ for the third quarter of this year, and I would like that increase to be stable and not with so much volatility


I'll see what I can do.
full member
Activity: 462
Merit: 100
February 07, 2018, 04:00:31 PM
I think you could be the price between 800 and 1000 $ for the third quarter of this year, and I would like that increase to be stable and not with so much volatility
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
February 07, 2018, 03:30:10 PM
Question is of xmr could recover from this ?

No. Moreno is likely headed back to its ICO price; and may remain at sub-$20 for a while —if it survives as a cryptocurrency.

Afraid cannot suggest any viable cryptocurrency as a stable investment during 2018-2020.

Historically, when any asset bubble bursts, the unwinding bear market typically lasts 2 years on average (from peak price to ultimate low); and usually erases 80%-90% in value; see here:
http://www.thebubblebubble.com/historic-crashes/

Applying the same metrics to the cryptocurrency bubble, it would suggest Bitcoin at sub $1000 by Christmas 2018 or Easter 2019.
From late 2019 to early 2020, the second generation of cryptocurrencies ought to emerge as viable long-term investments; however this time, with stable growth, purpose fit technology, robust secure exchange platforms and real adoption —not parabolic exuberance.

Paradoxically, a volatile and rapid appreciation of a currency, is a failed currency. By definition, currencies are supposed to be recognized, accepted and stable mediums of exchange —not just another speculative boom-bust asset class.

https://bitcointalksearch.org/topic/2018-cryptocurrency-crash-elliott-wave-2711461
 

YAY!!!

...

Don't answer.  Those are rhetorical.  We see through you.  And some of us are glad you're here. Wink

Yup!

Im considering buying monero.  However, what is the absolute highest price you guys think monero can hit?  Its already over 200 dollars.  Does anyone here think 2k or 5k is possible?  The fact that its a privacy coin and talked about alot should mean a lot right?

You ask this every day.  Are you expecting different answers?   OK, I'll bite.

In December it was over $500, and that's where all of the long time holders sold.  Monero will dwindle to $60 by June, and never get above that again.  Sell Sell Sell!

I was triggered until I saw who posted this.

Me2. Smiley

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