It is pretty obvious now that Bulletproofs will not happen in March HF. Seems few still live in denial and believe it can happen.
Bulletproofs will need an audit that should take a month of time. There need to be selected people ( more time we have better auditors we can choose) to audit and gathered founds to pay them.
On my opinion the date for code freeze for March HF should be set as soon as possible.
Topic: [XMR] Monero Speculation - page 386. (Read 3313670 times)
Bitcoin's future is dependent largely on it's potential as a settlement network for digital credit, while Monero's is much more closely tied to the gross product growth of the digital economy.
This is pretty much my investment thesis as well, but what about Lightning? Wouldn't that also tie Bitcoin to the digital economy's GPG?
Happy Skepticism Sunday!
Bitcoin ... digital gold
I consider Monero to be more akin to gold than is Bitcoin because Monero has commodity fungibility which Bitcoin lacks. I think a more apt comparison would analogize Bitcoin to equity in ex-im banks, and Monero to cash: Bitcoin's future is dependent largely on it's potential as a settlement network for digital credit, while Monero's is much more closely tied to the gross product growth of the digital economy.
I bought Monero two times:
1. First time around 0.016 with BTC. This was the time as Monero got added to the already closed Darknet Market Alphabay.
2. Second buy was around 75 USD with fiat money some months ago.
I am still holding both positions for long term. BTC will die sooner or later, so you better invest in possible overtakers.
1. First time around 0.016 with BTC. This was the time as Monero got added to the already closed Darknet Market Alphabay.
2. Second buy was around 75 USD with fiat money some months ago.
I am still holding both positions for long term. BTC will die sooner or later, so you better invest in possible overtakers.
BTC and Monero are completely different things. They can both survive and complete tasks set out for them in coexistence. Monero being a completely private coin, and Bitcoin being digital gold
For me top three coin, reason anonymity. Right now it is smart to buy monero as prices are about 2/3 of their recent high and the expectation will be a price target above $500 in the near term. mining is not profitable with high difficulty so buy now.
I bought Monero two times:
1. First time around 0.016 with BTC. This was the time as Monero got added to the already closed Darknet Market Alphabay.
2. Second buy was around 75 USD with fiat money some months ago.
I am still holding both positions for long term. BTC will die sooner or later, so you better invest in possible overtakers.
1. First time around 0.016 with BTC. This was the time as Monero got added to the already closed Darknet Market Alphabay.
2. Second buy was around 75 USD with fiat money some months ago.
I am still holding both positions for long term. BTC will die sooner or later, so you better invest in possible overtakers.
Red Leader standing by..
XMR is a lovely project with fast transfer & confidentiality. with considering current 5 billion market cap & 356$ per coin ,i think it could reach $ 1,000. Not too far away. Zec is a similar project also
Thanks for the answers.
I'm done with Polo now, this was the last straw locking the money when they re saying its 2k per day.
I made an account already, just that bit was confusing me.
/G
I'm done with Polo now, this was the last straw locking the money when they re saying its 2k per day.
I made an account already, just that bit was confusing me.
/G
Quote
If you are a holder of BNB tokens you get that 50% discount on trading fees.
Looks too late, but who knows.
Not too late. Anyone can buy BNB tokens from the market. If you have the checkbox enabled then those BNBs are used to pay your fees at a 50% discount.
If you don't want to invest in BNB then just wait until you are ready to trade and then buy approximately as many as you will need to pay your expected trading fee.
"Criminal underworld is dropping bitcoin for another currency"
https://www.bloomberg.com/news/articles/2018-01-02/criminal-underworld-is-dropping-bitcoin-for-another-currency
We bloomberg now
https://www.bloomberg.com/news/articles/2018-01-02/criminal-underworld-is-dropping-bitcoin-for-another-currency
We bloomberg now
Some of my thoughts on Monero and the current crypto currency boom.
Monero has been in a consolidation phase with respect to Bitcoin since August of 2016. Take a look at the XMR/XBT weekly chart on a log scale https://bitcoinwisdom.com/markets/poloniex/xmrbtc and tell me what you see. The last major move was from 0.0016 XBT in June 2016 to a high of 0.0265 XBT in August 2016 for an increase of over 1600%. If the 0.0265 XBT high is broken on volume another major move upward is possible.
The current @crypto currency boom has seen Bitcoin to fall to under 40% market dominance. To put is bluntly this is indicative that there is something seriously wrong with Bitcoin. My take is that this is related to the fixed 1 MB blocksize limit in Bitcoin together with the consequence of skyrocketing fees and seriously delayed transactions. These are problems for which @Monero has a solution. The market is looking for an alt coin solution and for the time being has focused to a large degree on Ethereum. My take is that while @Ethereum has its uses that may justify its market cap replacing BItcoin is not one of them.. If the market chooses Monero then all bets are off.
The hackers are quietly hacking away. Sooner or later significant improvements will materialize. As to when? Who knows. That is the nature of FLOSS development. A recent example of this is multi sig, which is current being tested and not yet ready for main chain deployment.
My take is that if one is short Monero, the risk of a brutal negative reckoning is very high. As to when and to what extent I have no idea
Monero has been in a consolidation phase with respect to Bitcoin since August of 2016. Take a look at the XMR/XBT weekly chart on a log scale https://bitcoinwisdom.com/markets/poloniex/xmrbtc and tell me what you see. The last major move was from 0.0016 XBT in June 2016 to a high of 0.0265 XBT in August 2016 for an increase of over 1600%. If the 0.0265 XBT high is broken on volume another major move upward is possible.
The current @crypto currency boom has seen Bitcoin to fall to under 40% market dominance. To put is bluntly this is indicative that there is something seriously wrong with Bitcoin. My take is that this is related to the fixed 1 MB blocksize limit in Bitcoin together with the consequence of skyrocketing fees and seriously delayed transactions. These are problems for which @Monero has a solution. The market is looking for an alt coin solution and for the time being has focused to a large degree on Ethereum. My take is that while @Ethereum has its uses that may justify its market cap replacing BItcoin is not one of them.. If the market chooses Monero then all bets are off.
The hackers are quietly hacking away. Sooner or later significant improvements will materialize. As to when? Who knows. That is the nature of FLOSS development. A recent example of this is multi sig, which is current being tested and not yet ready for main chain deployment.
My take is that if one is short Monero, the risk of a brutal negative reckoning is very high. As to when and to what extent I have no idea
https://steemit.com/bitcoin/@sayyedraza/xmr-monero-speculation
is there a point to plagiarizing a 7 month old steemit post?
Good catch.
Here is my original BCT post. The Steemit post was also plagiarized:
Some of my thoughts on Monero and the current crypto currency boom.
1) Monero has been in a consolidation phase with respect to Bitcoin since August of 2016. Take a look at the XMR/XBT weekly chart on a log scale https://bitcoinwisdom.com/markets/poloniex/xmrbtc and tell me what you see. The last major move was from 0.0016 XBT in June 2016 to a high of 0.0265 XBT in August 2016 for an increase of over 1600%. If the 0.0265 XBT high is broken on volume another major move upward is possible.
2) The current crypto currency boom has seen Bitcoin to fall to under 40% market dominance. To put is bluntly this is indicative that there is something seriously wrong with Bitcoin. My take is that this is related to the fixed 1 MB blocksize limit in Bitcoin together with the consequence of skyrocketing fees and seriously delayed transactions. These are problems for which Monero has a solution. The market is looking for an alt coin solution and for the time being has focused to a large degree on Ethereum. My take is that while Ethereum has its uses that may justify its market cap replacing BItcoin is not one of them.. If the market chooses Monero then all bets are off.
3) The hackers are quietly hacking away. Sooner or later significant improvements will materialize. As to when? Who knows. That is the nature of FLOSS development. A recent example of this is multi sig, which is current being tested and not yet ready for main chain deployment.
My take is that if one is short Monero, the risk of a brutal negative reckoning is very high. As to when and to what extent I have no idea.
This is not investment advice. The risk of a complete loss of funds on a Monero position long or short (or more for a leveraged position) is very high. Please do your due diligence and obtain appropriate professional advice before investing or speculating. Disclosure: I have long positions in XMR, XBT and NMC, and I am also involved in the Monero project as a core team member.
1) Monero has been in a consolidation phase with respect to Bitcoin since August of 2016. Take a look at the XMR/XBT weekly chart on a log scale https://bitcoinwisdom.com/markets/poloniex/xmrbtc and tell me what you see. The last major move was from 0.0016 XBT in June 2016 to a high of 0.0265 XBT in August 2016 for an increase of over 1600%. If the 0.0265 XBT high is broken on volume another major move upward is possible.
2) The current crypto currency boom has seen Bitcoin to fall to under 40% market dominance. To put is bluntly this is indicative that there is something seriously wrong with Bitcoin. My take is that this is related to the fixed 1 MB blocksize limit in Bitcoin together with the consequence of skyrocketing fees and seriously delayed transactions. These are problems for which Monero has a solution. The market is looking for an alt coin solution and for the time being has focused to a large degree on Ethereum. My take is that while Ethereum has its uses that may justify its market cap replacing BItcoin is not one of them.. If the market chooses Monero then all bets are off.
3) The hackers are quietly hacking away. Sooner or later significant improvements will materialize. As to when? Who knows. That is the nature of FLOSS development. A recent example of this is multi sig, which is current being tested and not yet ready for main chain deployment.
My take is that if one is short Monero, the risk of a brutal negative reckoning is very high. As to when and to what extent I have no idea.
This is not investment advice. The risk of a complete loss of funds on a Monero position long or short (or more for a leveraged position) is very high. Please do your due diligence and obtain appropriate professional advice before investing or speculating. Disclosure: I have long positions in XMR, XBT and NMC, and I am also involved in the Monero project as a core team member.
Hah! That's the first time I've seen a XMR post plagiarized twice!
For those of you not on Reddit and whom may be interested, I posted a write up titled:
Your Guide to Monero, and Why it Has Great Potential.
https://www.reddit.com/r/CryptoCurrency/comments/7ra409/your_guide_to_monero_and_why_it_has_great/
Your Guide to Monero, and Why it Has Great Potential.
https://www.reddit.com/r/CryptoCurrency/comments/7ra409/your_guide_to_monero_and_why_it_has_great/
"TAILS Operating System Integration" This was supposed to be done well over a year ago. I'm surprised to see it hasn't already been done. It's pretty easy to add a package to a distro. Maybe got stopped when Snow made that comment?
...
What does this mean (at Biance) please? Just joining
Using BNB to pay for fees（50% discount）ON
Looks too late, but who knows.
What does this mean (at Biance) please? Just joining
Using BNB to pay for fees（50% discount）ON
Kasisto (Point of Sale) up and running. Looks very impressive:
https://www.reddit.com/r/Monero/comments/7rsgi9/kasisto_pos_in_22_seconds/
https://www.reddit.com/r/Monero/comments/7rsgi9/kasisto_pos_in_22_seconds/
What does this mean (at Biance) please? Just joining
Using BNB to pay for fees（50% discount）ON
Monero had not had leg up from end of August. So almost half a year. Maybe it is time for next x3.
I know the next big point is $1,000 for Monero but I can't understand the time for this. I'm preparing to buy some Monero before this action to take place. I think this will happen in the third quarter of the year.
Monero simply doesn't run at that pace. If $1000 is going to happen, it will happen a lot quicker than that.
I have you covered guys, it will hit $777 somewhere around the middle of June.
Eager to use the first iOS wallet though, as soon as both are open sourced and reviewed.
Mobile wallets are great for giving away small amounts to friends and people interested (they need to be open source though, reviewed and able to connect to my own node).
There is no better way than showing how Monero works, instead of just talking about it. And with the inevitable increase in value and need for financial privacy, people slowly learn.
Still sad I can't do this anymore with Bitcoin because of the high fees. The $5 bitcoin bits I gave away in 2013 - 2015 finally got people interested in 2017 when they suddenly had >$250 in their wallet. People are weird.
New iOS wallet for Monero:
https://www.reddit.com/r/Monero/comments/7ri9v8/our_monero_wallet_called_cakewallet_for_ios_is/
Is there any credibility to this?https://www.reddit.com/r/Monero/comments/7ri9v8/our_monero_wallet_called_cakewallet_for_ios_is/
Well it exists - it’s not vaporware. It’s on the Apple store apparently. That said, it’s not yet been open-sourced so people are understandably wary.
Just seen this and came here for more information. It is just to risk to install something like this. It would be great if there was more news and people testing. No open sourced is another red flag
https://www.reddit.com/r/Monero/comments/7rmv29/thank_for_the_positive_feedback_on_cake_wallet/
https://www.reddit.com/r/Monero/comments/7rm4zq/cake_wallet_experiences/
New iOS wallet for Monero:
https://www.reddit.com/r/Monero/comments/7ri9v8/our_monero_wallet_called_cakewallet_for_ios_is/
Is there any credibility to this?https://www.reddit.com/r/Monero/comments/7ri9v8/our_monero_wallet_called_cakewallet_for_ios_is/
Well it exists - it’s not vaporware. It’s on the Apple store apparently. That said, it’s not yet been open-sourced so people are understandably wary.
Just seen this and came here for more information. It is just to risk to install something like this. It would be great if there was more news and people testing. No open sourced is another red flag
The FOMO at BTC ATH break will be unreal. XMR has been quiet AF this alt season.
Does XMR work with any of the hardware wallets?
Ledger Nano S is imminent. Monero only wallet probably before summer. Trezor may eventually follow. But no, as of this moment, there isn't one yet.
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