The Moon. It is black and orange
Ha! Well spotted. I can see it peeping through the curtains.
Nite all, am in european timezone...
/crypto day
Topic: [XMR] Monero Speculation - page 435. (Read 3313670 times)
The Moon. It is black and orange
Ha! Well spotted. I can see it peeping through the curtains.
Nite all, am in european timezone...
/crypto day
EDIT: BTW, Explorer - I guess you have also spotted how the odd mention of Monero in the WO thread is allowed to pass through the velvet rope. Far more of the smarter people are keeping Monero quietly in their portfolio, it seems
I made an oblique comment not too long ago, didn't mention Monero at all, and got chewed well for my pains - all because of my avatar
I think lots of them have me on ignore for the very same reason. The fear is palpable. The most vocal over there are your typical loudmouths. Head firmly in sand or ass, refuse to see what is going on. And that's OK. Everybody pays to play, one way or another.Quote from: kurious
The Moon. It is black and orange
I will now shut up for the night. A wonderful Malbec is my poor excuse for being more than usually effusive on my best ever investment.
Be careful out there - and sleep soundly with your Monero.
Be careful out there - and sleep soundly with your Monero.
This is something that bears watching, IMO:
http ://redditmetrics.com/r/Monero
Out of 1.2 million /r/, Monero is:
No. 104 Fastest growing yesterday
No. 117 Fastest growing last 7 days
No. 201 Fastest growing last 30 days
No. 427 Fastest growing last 90 days
Over 1000 new subscribers per day, and accelerating. Sure, all of crypto is expanding, but to me this indicates that Monero is receiving its share of attention, and more. Ranked near top 0.1% (for # subscribers on that site) and exploding upward. This is visibility, adoption, exposure, whatever you want to call it. Here it comes.
http ://redditmetrics.com/r/Monero
Out of 1.2 million /r/, Monero is:
No. 104 Fastest growing yesterday
No. 117 Fastest growing last 7 days
No. 201 Fastest growing last 30 days
No. 427 Fastest growing last 90 days
Over 1000 new subscribers per day, and accelerating. Sure, all of crypto is expanding, but to me this indicates that Monero is receiving its share of attention, and more. Ranked near top 0.1% (for # subscribers on that site) and exploding upward. This is visibility, adoption, exposure, whatever you want to call it. Here it comes.
Cool stats, they match my sense of what is happening. I see a dip against BTC and then (unlike in the past) there are immediately bargain hunters, hoovering up any signs of cheap Monero.
You have to realise you just can't buy cheap Monero any more, unless you're very quick off the mark. I am having to adjust my trading stance accordingly...
EDIT: BTW, Explorer - I guess you have also spotted how the odd mention of Monero in the WO thread is allowed to pass through the velvet rope. Far more of the smarter people are keeping Monero quietly in their portfolio, it seems
we ride the waves, we don't control them.
Rule, Monero! Monero rule the waves.
Monerists never shall be slaves.
On the other hand, they will pay high fees: https://bitinfocharts.com/comparison/transactionfees-eth-bch-ltc-xmr-zec.html
Interesting it is, that we have 64x the Reddit subscribers that bch has, but only ¼x the transaction count.
Likely because we still have no widely known mobile wallet ( monerujo could need some marketing ), no HW and people likely just hold their Moneroj on exchanges
The GUI is pretty functional, I don't think serious holders (hodlers?) are all on exchange at all.
An HW will come - it's a matter of time only, it's simply that Monero is more sophisticated than other Bitcoin 'clones' and therefore not as simple to copy/paste code into a standard HW.
Monero is superior tech, they need to catch up, not us.
Txs difference could also be about pool-payouts... afaik monero crams together as many as it can and so you got 1tx in the explorer to "x" miners .... no clue how thats done in BCH but id guess a tx each ?
Good point, it isn't because of retail use (although Bitpay is a coup for them that may change that). Mining payouts due to ROI (price / difficulty) manipulation is likely a factor in tx numbers. They waste enough money on spamming BTC, why not boost txs via mining payments to make that 8-lane highway look busier?
Ver might be an utter prick (and a liability) for BCH, but Wu is NOT stupid.
He knows how to play a decent strategic game and by being centralised, he can pivot his ecosystem in a flash in a way that Core cannot.
This is something that bears watching, IMO:
http ://redditmetrics.com/r/Monero
Out of 1.2 million /r/, Monero is:
No. 104 Fastest growing yesterday
No. 117 Fastest growing last 7 days
No. 201 Fastest growing last 30 days
No. 427 Fastest growing last 90 days
Over 1000 new subscribers per day, and accelerating. Sure, all of crypto is expanding, but to me this indicates that Monero is receiving its share of attention, and more. Ranked near top 0.1% (for # subscribers on that site) and exploding upward. This is visibility, adoption, exposure, whatever you want to call it. Here it comes.
'Build it, they will come'. It works. Monero will prove it.
Yeah. This.
http ://redditmetrics.com/r/Monero
Out of 1.2 million /r/, Monero is:
No. 104 Fastest growing yesterday
No. 117 Fastest growing last 7 days
No. 201 Fastest growing last 30 days
No. 427 Fastest growing last 90 days
Over 1000 new subscribers per day, and accelerating. Sure, all of crypto is expanding, but to me this indicates that Monero is receiving its share of attention, and more. Ranked near top 0.1% (for # subscribers on that site) and exploding upward. This is visibility, adoption, exposure, whatever you want to call it. Here it comes.
'Build it, they will come'. It works. Monero will prove it.
Yeah. This.
we ride the waves, we don't control them.
Rule, Monero! Monero rule the waves.
Monerists never shall be slaves.
On the other hand, they will pay high fees: https://bitinfocharts.com/comparison/transactionfees-eth-bch-ltc-xmr-zec.html
Interesting it is, that we have 64x the Reddit subscribers that bch has, but only ¼x the transaction count.
Transactions in BCH are a little boosted by subterfuge (see M. Ver's Bitcoin.com) and by forcing people to buy mining gear with it. With Monero, awareness is real, interest is genuine. Real money is not stupid. Monero is tech people are starting to realise they WILL need in future, but maybe don't think they need just now.
They will wake up. Fees? See bulletpoofs. And it's already faster and way lower than BTC in any case.
Monero has been a solid top 10 CC for a long time now, it is respected and admired. Use cases will drive adoption - we only need to wait and hold.
DNM revival will work in tandem with new tech announcements to creep slowly towards market ubiquity.
Plus Monero leaps occasionally, then stays steady - it looks 'safe'. Sometimes this is dull, in other times this will be golden.
'Build it, they will come'. It works. Monero will prove it.
we ride the waves, we don't control them.
Rule, Monero! Monero rule the waves.
Monerists never shall be slaves.
On the other hand, they will pay high fees: https://bitinfocharts.com/comparison/transactionfees-eth-bch-ltc-xmr-zec.html
Interesting it is, that we have 64x the Reddit subscribers that bch has, but only ¼x the transaction count.
Likely because we still have no widely known mobile wallet ( monerujo could need some marketing ), no HW and people likely just hold their Moneroj on exchanges
The GUI is pretty functional, I don't think serious holders (hodlers?) are all on exchange at all.
An HW will come - it's a matter of time only, it's simply that Monero is more sophisticated than other Bitcoin 'clones' and therefore not as simple to copy/paste code into a standard HW.
Monero is superior tech, they need to catch up, not us.
Txs difference could also be about pool-payouts... afaik monero crams together as many as it can and so you got 1tx in the explorer to "x" miners .... no clue how thats done in BCH but id guess a tx each ?
we ride the waves, we don't control them.
Rule, Monero! Monero rule the waves.
Monerists never shall be slaves.
On the other hand, they will pay high fees: https://bitinfocharts.com/comparison/transactionfees-eth-bch-ltc-xmr-zec.html
Interesting it is, that we have 64x the Reddit subscribers that bch has, but only ¼x the transaction count.
Likely because we still have no widely known mobile wallet ( monerujo could need some marketing ), no HW and people likely just hold their Moneroj on exchanges
The GUI is pretty functional, I don't think serious holders (hodlers?) are all on exchange at all.
An HW will come - it's a matter of time only, it's simply that Monero is more sophisticated than other Bitcoin 'clones' and therefore not as simple to copy/paste code into a standard HW.
Monero is superior tech, they need to catch up, not us.
we ride the waves, we don't control them.
Rule, Monero! Monero rule the waves.
Monerists never shall be slaves.
On the other hand, they will pay high fees: https://bitinfocharts.com/comparison/transactionfees-eth-bch-ltc-xmr-zec.html
Interesting it is, that we have 64x the Reddit subscribers that bch has, but only ¼x the transaction count.
Likely because we still have no widely known mobile wallet ( monerujo could need some marketing ), no HW and people likely just hold their Moneroj on exchanges
How odd is that:
This clearly follows the fluctuations of BITCOIN. What is the correlation?
Both are supposed to be unique!
How can it be?
Bitpay going over to Bcash news is concerning for the CC market's flagship coin.
It does highlight the fees / transaction issue starkly. I am still pro-core, but they need to get their shit together now. Segwit was agreed, but it isn't being adopted and isn't even anywhere near a transaction default. Or a default in wallets.
Exchanges are under huge strain, a lot of new weak hands are in, we are one clusterfuck scandal (tether / major exchange issue / legislation FUD / whatever) away from potential dark times the MSM will leap on.
BTC getting Segwit out properly would help. A lot. Sorry to be dark, chaps - Monero is going well, but we ride the waves, we don't control them.
It does highlight the fees / transaction issue starkly. I am still pro-core, but they need to get their shit together now. Segwit was agreed, but it isn't being adopted and isn't even anywhere near a transaction default. Or a default in wallets.
Exchanges are under huge strain, a lot of new weak hands are in, we are one clusterfuck scandal (tether / major exchange issue / legislation FUD / whatever) away from potential dark times the MSM will leap on.
BTC getting Segwit out properly would help. A lot. Sorry to be dark, chaps - Monero is going well, but we ride the waves, we don't control them.
No need to be sorry for being dark, I also feel the same way. But core has nothing to do with SegWit not being adopted. In fact, they always push exchanges and wallets to use the tech and upgrade. Coinbase for example said, "it would only take months to do this and that why is core taking so long?"
So now SW is ready, the real question is, why are people like Coinbase taking so long to upgrade? Electrum has long already upgraded and made their wallets SW ready. I am waiting and waiting to be able to use my SW addresses.
Core cannot force people to change. They are obviously just lazy and have other agendas. Exchanges are the same, end of the day they want the convenient option. What happens when BCH runs into problems? Maybe they go to a BCH fork?
If bulletproofs is Q1 '18 - that would be wonderful... Monero's path will accelerate yet again. I hope you're right.
Well, it is being bandied about:
https://blockchaind.net/monero-planning-release-bulletproofs-march-2018/
As posted earlier here: https://bitcointalksearch.org/topic/m.26369765
Bitpay going over to Bcash news is concerning for the CC market's flagship coin.
It does highlight the fees / transaction issue starkly. I am still pro-core, but they need to get their shit together now. Segwit was agreed, but it isn't being adopted and isn't even anywhere near a transaction default. Or a default in wallets.
Exchanges are under huge strain, a lot of new weak hands are in, we are one clusterfuck scandal (tether / major exchange issue / legislation FUD / whatever) away from potential dark times the MSM will leap on.
BTC getting Segwit out properly would help. A lot. Sorry to be dark, chaps - Monero is going well, but we ride the waves, we don't control them.
It does highlight the fees / transaction issue starkly. I am still pro-core, but they need to get their shit together now. Segwit was agreed, but it isn't being adopted and isn't even anywhere near a transaction default. Or a default in wallets.
Exchanges are under huge strain, a lot of new weak hands are in, we are one clusterfuck scandal (tether / major exchange issue / legislation FUD / whatever) away from potential dark times the MSM will leap on.
BTC getting Segwit out properly would help. A lot. Sorry to be dark, chaps - Monero is going well, but we ride the waves, we don't control them.
I've been a coinbase customer for four and a half years. Coinbase is under the thumb of financial authorities. Recently Coinbase acquiesced to an IRS subpoena for customer records. Coinbase could have appealed, but they gave in. Coinbase is such a big, fat target that they are probably afraid to add a coin like Monero. All the bulldogs and retrograde anti-crypto buttheads like Feinstein and company would be on Coinbase like flies on shit. Coinbase isn't going to add Monero any time soon.
I disagree. I understand the sentiment, but in reality AML/KYC compliant exchanges are the governments BEST vector for tracking a true privacy instrument like Monero. At least then the government can prove the purchase or sale of XMR. The FEDs should be begging Coinbase to list Monero.
Secondly the view key gives Coinbase the ability to allow for full auditing of their wallets.
You do know about bulletproofs cutting tx fees by 80% in the next few months, right?
All of the alts are actively working on ways (or already have) to reduce fees and increase scaling. The only crypto that isn't doing anything about it is BTC.
All of the alts are actively working on ways (or already have) to reduce fees and increase scaling. The only crypto that isn't doing anything about it is BTC.
I actually had not thought that bulletproof will decrease the fees also. Will it? But significant is, that it will decrease the transaction size. That is really something.
Probably bulletproof will happen at autumn 2018.
Bulletproofs likely to be in the Q1 2018 upgrade. Not only do they reduce transaction size by 80%, but transaction fees as well, AND the whole process is faster.
Tx fees going from under a buck to under a quarter is alright, I guess. /s
If bulletproofs is Q1 '18 - that would be wonderful... Monero's path will accelerate yet again. I hope you're right.
You do know about bulletproofs cutting tx fees by 80% in the next few months, right?
All of the alts are actively working on ways (or already have) to reduce fees and increase scaling. The only crypto that isn't doing anything about it is BTC.
All of the alts are actively working on ways (or already have) to reduce fees and increase scaling. The only crypto that isn't doing anything about it is BTC.
I actually had not thought that bulletproof will decrease the fees also. Will it? But significant is, that it will decrease the transaction size. That is really something.
Probably bulletproof will happen at autumn 2018.
Bulletproofs likely to be in the Q1 2018 upgrade. Not only do they reduce transaction size by 80%, but transaction fees as well, AND the whole process is faster.
Tx fees going from under a buck to under a quarter is alright, I guess. /s
I was very bullish about Monero for q1 and 2 2018, but i didn't have the current fee situation in mind, and this WILL become a problem if its not solved rather quickly. Crypto will accelerate in 2018 we have seen nothing yet and if monero gets to expensive to use just telling people wait for lightning won't cut it. No matter how good the privacy is. i think the community here underestimates the problem of expensive transactions.
Current fee situation is really not bad, if you choose to pay the lower fees. If you choose higher fees, then that is of course up to you. Privacy costs a premium, but a very modest one. Currently a typical simple transaction is under a dollar, if you choose the minimal fee. With no backlog of tx to process, the lowest fee usually puts you in the next block or two. Soon, the default fee will be under a dollar, and the cheap seats will go for far less - see above.
Crypto always surprises me with the scale of it's its momentum, and of it's its volatility.
FTFY
I've been a coinbase customer for four and a half years. Coinbase is under the thumb of financial authorities. Recently Coinbase acquiesced to an IRS subpoena for customer records. Coinbase could have appealed, but they gave in. Coinbase is such a big, fat target that they are probably afraid to add a coin like Monero. All the bulldogs and retrograde anti-crypto buttheads like Feinstein and company would be on Coinbase like flies on shit. Coinbase isn't going to add Monero any time soon.
You do know about bulletproofs cutting tx fees by 80% in the next few months, right?
All of the alts are actively working on ways (or already have) to reduce fees and increase scaling. The only crypto that isn't doing anything about it is BTC.
All of the alts are actively working on ways (or already have) to reduce fees and increase scaling. The only crypto that isn't doing anything about it is BTC.
I actually had not thought that bulletproof will decrease the fees also. Will it? But significant is, that it will decrease the transaction size. That is really something.
Probably bulletproof will happen at autumn 2018.
Has anybody any news about multisig? Something more than soon.
https://themerkle.com/moneros-multisignature-implementation-officially-enters-testing-phase/
What do you think, will coinbase adopt monero in few days or few months after multisig implementation.
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