[XMR] Monero Speculation - page 436.

hoertest

hero member

Activity: 882

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Quote from: Globb0 on December 15, 2017, 02:24:00 PM

Quote from: hoertest on December 15, 2017, 01:58:39 PM

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.

Most stuff in Monero is scalable and reactive to the circumstances of the moment.

Its is very well designed and a lot of thought has gone into it.

It is not the dumb terminal stuck with a few basic rules.

well the fees are what they are. high
i would love them not to be.

hoertest

hero member

Activity: 882

Merit: 1000

Quote from: Surging Chaos on December 15, 2017, 02:13:55 PM

Quote from: hoertest on December 15, 2017, 01:58:39 PM

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.

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.

few moths will be a lot in the next two years. but lets assume we have bulletproofs now and av. fee drops to 80 cents . no more useful for small transactions even then. this will result in a stop on adoption . it already has. look at dream. Merchants can calculate. Musicians can't.
the fact is no monero as a currency without Layer 2. thats a tough pill to swallow at least for me.

Tavarez

sr. member

Activity: 700

Merit: 252

Well the performance of XMR is a great example that you should invest in solid platforms you believe in. Happy to see it do well. At the time of this post it is listed at $309 on coinmarketcap but I still found it worthy to invest.

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

Quote from: hoertest on December 15, 2017, 01:58:39 PM

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.

Most stuff in Monero is scalable and reactive to the circumstances of the moment.

Its is very well designed and a lot of thought has gone into it.

It is not the dumb terminal stuck with a few basic rules.

Surging Chaos

newbie

Activity: 46

Merit: 0

Quote from: hoertest on December 15, 2017, 01:58:39 PM

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.

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.

Febo

legendary

Activity: 2744

Merit: 1288

Quote from: generalizethis on December 15, 2017, 06:22:48 AM

Quote from: vince212 on December 15, 2017, 06:16:10 AM

Quote from: bitcoinvest on December 15, 2017, 06:13:50 AM

why you speak about a dump? i do not find any reason for this....instead i think we are going up from now again.
i bought more just because is cheap. i mean is better to buy at 242 from 270 or more later

i have coins from the time of 20 eur and less... since then i only buy...

just asking if guys here think there will be one.
im not saying there will be.

-_-

I get the feeling that no one knows how to price-in coinbase, or if they should--so...

Multisig and hardware wallet feel like they've been priced-in, just by how the market clicked up when those looked imminent. Was kind of suprised by the jump with coral reef as that was a terribly kept secret, so what do i know.

Price-in of Coinbase listing is a classical Monero jump of x3 of the price. After that would of course be a correction, but if this happens tomorrow we would see Monero close to the $1000.

Quote from: hoertest on December 15, 2017, 01:58:39 PM

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.

LOL, none says anyone to wait for lightning on Monero. No way. Fees in Monero go down with higher number of transactions so I am not worried of fees in Monero. Right now fee is just a bit under $1, what is not perfect but is sustainable. With bulletproofs should decrease by 5 together with transaction size.

I would love to see Monero transaction fees closer to 10 cents then $1, but we can never get a perfect things in our life. Monero is only close to that.

hoertest

hero member

Activity: 882

Merit: 1000

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.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: explorer on December 15, 2017, 06:23:27 AM

Remember Risto's probability case( I think we were ~30 cents at the time Cheesy

) for each of: $3 $30 $300 $3000 ?

I always thought his estimates were pessimistic. My estimates proved pessimistic as well, but his more so. Crypto always surprises me with the scale of it's momentum, and of it's volatility.

Quote from: explorer on December 15, 2017, 06:23:27 AM

I would suspect that we are in for another 10x somewhere in the next year. What then? Shocked

By 2022 the mining flow will be a tenth of what it is now, so if the incremental demand remains unchanged in value, a 10x in that time is a given. Any more rapid increase would require accelerated demand. That could come from market adoption, from crypto sector popularity, from diversification flows within crypto, from adverse events in comparables, from technical advances, ... Or any one or more of dozens of other causes.

Given the degree of skepticism in alts, after further consideration, I doubt that multisig etc is fully priced in. This is a very show-me environment. It's advent won't affect the true believers, but the majority of potential reserve demand sources will not be convinced until it is working on mainnet. "Sell the news" does not seem to work so well in alts.

foggywhite007

member

Activity: 112

Merit: 11

Monero is surprisingly well kept in that time when BTC starts to grow. I think if at such time she is stable when the cue ball a little tired she'll go to to $ 500.
I think next year will be a real boom in the fully anonymous cryptocurrency. Monero, is definitely the leader.

Tomohisa

full member

Activity: 360

Merit: 100

Oh damn BTC is wake up, at least we have a fun ride.

explorer

legendary

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Quote from: fromholland on December 15, 2017, 07:06:29 AM

Quote from: vince212 on December 15, 2017, 06:04:54 AM

everyone wants to sell before a dump then buy at a lower price to get more coins

It might surprise you, but I think a substantial portion of the people inhere don't. They just hold and buy more, never sell.

It's a scarce commodity. Dumping is risky. Fewer XMR come into being each day than the last. Exponentially more exposure every day. That alone is going to require a pressure suit to deal with. Bullet Proofs, hard wallets, soft wallets, exchanges, vendors - This is all accelerating together. Andreas' recent talk exactly described Monero, though he disdains to mention it by name. People are starting to click that fungibility is a thing, and they don't have it. Short term, ask range driver or someone. Mid to long term, I can't help but be ridiculously bullish.

fromholland

full member

Activity: 280

Merit: 107

Quote from: vince212 on December 15, 2017, 06:04:54 AM

everyone wants to sell before a dump then buy at a lower price to get more coins

It might surprise you, but I think a substantial portion of the people inhere don't. They just hold and buy more, never sell.

buntyboy

newbie

Activity: 12

Merit: 0

I've just submitted my laddered XMR/BTC buy orders from 0.016 downwards.
It's insanity at these prices when the XMR transaction count is higher than 1.8% of BTC's.
Happy if they get hit, Happy if they don't. Grin

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: bitcoinvest on December 15, 2017, 06:13:50 AM

why you speak about a dump? i do not find any reason for this....instead i think we are going up from now again.
i bought more just because is cheap. i mean is better to buy at 242 from 270 or more later

i have coins from the time of 20 eur and less... since then i only buy...

Staying above $300 for the most part. $300 DOLLARS!

Remember Risto's probability case( I think we were ~30 cents at the time Cheesy

) for each of: $3 $30 $300 $3000 ?
I would suspect that we are in for another 10x somewhere in the next year. What then? Shocked

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: vince212 on December 15, 2017, 06:16:10 AM

Quote from: bitcoinvest on December 15, 2017, 06:13:50 AM

why you speak about a dump? i do not find any reason for this....instead i think we are going up from now again.
i bought more just because is cheap. i mean is better to buy at 242 from 270 or more later

i have coins from the time of 20 eur and less... since then i only buy...

just asking if guys here think there will be one.
im not saying there will be.

-_-

I get the feeling that no one knows how to price-in coinbase, or if they should--so...

Multisig and hardware wallet feel like they've been priced-in, just by how the market clicked up when those looked imminent. Was kind of suprised by the jump with coral reef as that was a terribly kept secret, so what do i know.

vince212

full member

Activity: 306

Merit: 100

Quote from: bitcoinvest on December 15, 2017, 06:13:50 AM

why you speak about a dump? i do not find any reason for this....instead i think we are going up from now again.
i bought more just because is cheap. i mean is better to buy at 242 from 270 or more later

i have coins from the time of 20 eur and less... since then i only buy...

just asking if guys here think there will be one.
im not saying there will be.

-_-

bitcoinvest

legendary

Activity: 1124

Merit: 1000

13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X

why you speak about a dump? i do not find any reason for this....instead i think we are going up from now again.
i bought more just because is cheap. i mean is better to buy at 242 from 270 or more later

i have coins from the time of 20 eur and less... since then i only buy...

vince212

full member

Activity: 306

Merit: 100

Quote from: fromholland on December 15, 2017, 05:52:34 AM

Quote from: vince212 on December 15, 2017, 05:48:51 AM

Quote from: tokeweed on December 15, 2017, 05:01:54 AM

Quote from: Febo on December 14, 2017, 11:20:58 AM

Quote from: vince212 on December 14, 2017, 10:58:39 AM

monero going down with majority of alts. btc has been sideways for quite sometime.

do you guys think this is the start of a dump?

In last 7 days it shows tome that Bitcoin gained 3% of value and Monero gained 11.2% of value. So I am not really sure where you see that price of Monero is decreasing. Last two days price of Monero was around $300-320.

If you are asking if now is gonna be start of Monero dump I dont see any reason for that. There was no recent unusual price increase.

He actually has a point. There's no need denying the fact that Monero has been going sideways lately. But it's all good. Sooner or later the politicians will start cracking down on Bitcoin money laundering and could even start ordering services to black list some coins that are proven to be connected to DNM's. Once that happens where do you think everyone will run to? Dash, Zcash? Oh I hope they do. It's the only way for everyone to realize which crypto is the best.

monero has been sideways and dipping to 290 range for a while. that is why im thinking it is the start of a dump. sold at 0.019 now it is 0.016

gee sometimes it is hard to ask in btc talk. a lot of people are so biased on their favorite coin.

volatility is not the same as a dump. Today btc is on the rise again, so compared to btc is xmr going down a bit, yes. I don't want to call it a dump though, in fact I call it a great buying opportunity. that's what I just did, trade some more btc for some more xmr. Cool

yea i know. that is why im asking opinions. as you can see my original post is do you guys think this is a start of a dump.
everyone wants to sell before a dump then buy at a lower price to get more coins

bitcoinvest

legendary

Activity: 1124

Merit: 1000

13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X

Quote from: fromholland on December 15, 2017, 05:52:34 AM

Quote from: vince212 on December 15, 2017, 05:48:51 AM

Quote from: tokeweed on December 15, 2017, 05:01:54 AM

Quote from: Febo on December 14, 2017, 11:20:58 AM

Quote from: vince212 on December 14, 2017, 10:58:39 AM

monero going down with majority of alts. btc has been sideways for quite sometime.

do you guys think this is the start of a dump?

In last 7 days it shows tome that Bitcoin gained 3% of value and Monero gained 11.2% of value. So I am not really sure where you see that price of Monero is decreasing. Last two days price of Monero was around $300-320.

If you are asking if now is gonna be start of Monero dump I dont see any reason for that. There was no recent unusual price increase.

He actually has a point. There's no need denying the fact that Monero has been going sideways lately. But it's all good. Sooner or later the politicians will start cracking down on Bitcoin money laundering and could even start ordering services to black list some coins that are proven to be connected to DNM's. Once that happens where do you think everyone will run to? Dash, Zcash? Oh I hope they do. It's the only way for everyone to realize which crypto is the best.

monero has been sideways and dipping to 290 range for a while. that is why im thinking it is the start of a dump. sold at 0.019 now it is 0.016

gee sometimes it is hard to ask in btc talk. a lot of people are so biased on their favorite coin.

volatility is not the same as a dump. Today btc is on the rise again, so compared to btc is xmr going down a bit, yes. I don't want to call it a dump though, in fact I call it a great buying opportunity. that's what I just did, trade some more btc for some more xmr. Cool

i agree with you. i just grabbed some more at 242 level that i think is cheap coins...

fromholland

full member

Activity: 280

Merit: 107

Quote from: vince212 on December 15, 2017, 05:48:51 AM

Quote from: tokeweed on December 15, 2017, 05:01:54 AM

Quote from: Febo on December 14, 2017, 11:20:58 AM

Quote from: vince212 on December 14, 2017, 10:58:39 AM

monero going down with majority of alts. btc has been sideways for quite sometime.

do you guys think this is the start of a dump?

In last 7 days it shows tome that Bitcoin gained 3% of value and Monero gained 11.2% of value. So I am not really sure where you see that price of Monero is decreasing. Last two days price of Monero was around $300-320.

If you are asking if now is gonna be start of Monero dump I dont see any reason for that. There was no recent unusual price increase.

He actually has a point. There's no need denying the fact that Monero has been going sideways lately. But it's all good. Sooner or later the politicians will start cracking down on Bitcoin money laundering and could even start ordering services to black list some coins that are proven to be connected to DNM's. Once that happens where do you think everyone will run to? Dash, Zcash? Oh I hope they do. It's the only way for everyone to realize which crypto is the best.

monero has been sideways and dipping to 290 range for a while. that is why im thinking it is the start of a dump. sold at 0.019 now it is 0.016

gee sometimes it is hard to ask in btc talk. a lot of people are so biased on their favorite coin.

volatility is not the same as a dump. Today btc is on the rise again, so compared to btc is xmr going down a bit, yes. I don't want to call it a dump though, in fact I call it a great buying opportunity. that's what I just did, trade some more btc for some more xmr. Cool

Topic: [XMR] Monero Speculation - page 436. (Read 3313670 times)