Topic: [XMR] Monero Speculation - page 37. (Read 3313076 times)

I love Monero! I’ve held a long time.

I hope it goes to 20k.


Just this cycle I’m expecting around 700-1000.

What’s people’s expectation for this cycle?

Even a blind squirrel finds a nut now and then kurious.  And the handle was a little on the quick side.. but it did seem to happen.

I would like to point out that this is the BTCXMR chart too.  We have taken a fine beating on that pair, and who knows?  I think BTC has been consolodating for the next (big) leg for a while, and that COULD throw the alts a little rough waters.

On the other hand I think Doge is leading the way (wen Wownero moon? lol such invisidawg) for alts and as Bitcoin heats up and becomes the plaything for institutions and nation states, the alt world is likely to heat up even if the reason is irrational.  Joe Public is still believing the "next bitcoin" narrative.  And it has become expensive to transact in BTC. And even though Doge pumping is bad for crypto in general (because it is BOUND to crash back down I think and it makes the whole thing look like the loony casino much of it is) there are an actual handfull of alts that WILL find their place, and I do not need to explain why Monero is near (at?) the top of that list.

The sector often gets compared to the doc com bubble, and that is PARTLY true.  But the maxis have a good argument that Bitcoin is not a sector, and "there can only be one".  I think they are partly right.  There will not be a "basket" of crypto assets in the end.  I think the development is going to happen on Liquid, and sidechains like it.  And it will overshadow everything the current alts was trying to do.

But (broken record cAPS here).  Bitcoin will never have a fungible base layer.  That tradeoff will never happen.

So...



So now what happens?  That is the fun question!!!

I think cAPSLOCK mentioned a possible giant cup and was hoping for the handle to appear.   If it was you sir, well spotted - it seems to have come off just as predicted (or hoped for).

When Monero decides to awaken, it does it rather wonderfully...  Barolo time indeed.

Target price: $10k. Not selling a mo till it hits it.  

Seeing that doge is about to dethrone BTC the world went full retard apparently and $10k/Mo does not look that far away now. Hodl friends. Good days are ahead.

(inner voice: it is about to crash hard)

Boom $500

Hash rate:      up
transactions:  up
google searches: up
 
  There's a rumbling underfoot.

https://trends.google.com/trends/explore?date=today%205-y&geo=US&q=monero

Let's GOO

Hopefully this rally is just getting started. Would like to catch up to ETH in terms of USD ATH multiple

USD ATH

Took the Barolo off the shelf...

Whoever did that good on you.

https://www.instagram.com/p/COLwaoPjzHY/

Yessica Ortega Gentner is Mexican MMA fighter. Never heard of her before but she is extremely sexy with her top.

   I don't see why 8-12k is out of the question this cycle.  I shouldn't be disappointed if we stall at $2500-4k, but I might be. A bit.  $1000 is going to arrive in a flash, and disappear in the rearview as fast.  Where is johnallen to tell us $700 will be the top 

https://twitter.com/CryptoKaleo/status/1390364888049008646

260k followers twitter account is saying only way further is vertical. Such vertical breakout would probably push price way over $1000. Wonder how long we will have to wait to see it.

We are still growing... All of crypto is starting to feel like it is expanding now... I need to do a little research.

It's fun to see them peering out of the back window.

LOL. Never listen to me!

Today "bus" start going bigger.

From block 2353326 to block 2353452, blocks were full or close to full.  That was for over 4 hours and 40 minutes.

https://old.reddit.com/r/Monero/comments/n4ipfb/if_you_ever_wondered_how_dynamic_block_size_works/

As we can see change was not huge. It grows very slow.

The Monero Moon (Issue 16) is now available to help keep you up to date with all the latest Monero news.

Hit like and share to spread the word of Monero as we head to the moon.

https://medium.com/themoneromoon/the-monero-moon-issue-16-9ad832ffcdcc

Sounds familiar! But still, it boggled my mind because, you know I am not cryptography expert, but I would think that all these international customers the Crypto AG had were not able to detect the backdoor despite having their own best hackers and cryptographers working on it. To someone like me that is indeed mind-boggling. As I said, I wouldn't have been too surprised if nobody noticed for a couple of years, but two decades? All these nations with their own "CIA" couldn't find out that the US and Germany secret services put a backdoor into the algorithm. It is a crazy story and I wouldn't describe myself as naive, especially not when it comes to companies like Microsoft.

Why would that boggle your mind?

Microshaft has been doing just that for 40 years.

Closed source black box cannot easily be audited so you rely on a "trusted setup" in effect, sound familiar?

Ok, I get it. The documentary about "Rubikon/Thesaurus" just kind of confirmed this inner voice inside my head saying "never say never". It was just so mind-boggling that they can sell an algorithm with a backdoor to dozens of countries without those countries taking notice although using the systems for decades. You would think it might work for a year, or maybe two, but 20???

I am far from understanding enough to have a sufficiently qualified opinion, so I just go with what the "experts" say and forget what happened in the documentary. Suppressing the inner voice so to say, at least during the Bitcoin bull runs!

Ah.  Thanks for the decode on that... seems obvious now.  And I agree that is less likely.  I think that is the case for most OG alts too... *maybe* not ETH.