Topic: [XMR] Monero Speculation - page 465. (Read 3314316 times)

I love twists and turns in crypto world, some of my good friends switched their miners to mine XMR. As they say "mining XMR is like having a license to print money".

Seems they are working at merging Monero features, so why would I not just stick with the source of their inspiration. Until one of these clones does something extremely different, they are just riding Monero's coattails and hoping speculators buy into "The marketcap is small, therefore it can raise XXX!"

I would add to this. You need to sync it only once. Latter even on  year 2000 computer you can sync 720 blocks everyday in only few minutes.    In general syncing of Monero block chain goes smother for me then for Ethereum and Bitcoin.



Did you looked at their emission? 9 millions premine and only 2 millions mined by now out of whole 90 millions coins.    
Do you think when their emission will be at the highest point, will their coins be cheaper or more expensive then right now?
Do you think if they forked (copy/pasted) Monero, could not they copy/pasted no premine model either?  It is easier to copy/paste then actually deveolp.

Did anyone look into sumokoin?
it is a fork of monero, seems they are working hard.

Difficulty peaked as well, ruined my daily earnings

Then happy birthday Globb0, you ... sagittarius you! 

and still BTC storms on now 8900 even the potential pull back to 6ish seems so far away now.

I just cant seem to predict that at all. Its gone a bit crazy.


Meanwhile....



pps happy b day 2 me. 

Moreover, full sync time is pretty much irrelevant to usability.  Hardly anyone runs a BTC full node, and with each new feature set the motivation to run a Monero full node will decline as well - e.g., Kovri.  If you do, the full sync is unnecessary because you can download a signed image.  If you don't want to trust any signed image, a full sync is a one-time event, which is negligible when amortized over running 24/7/365.

Full sync time is not a serious scalability issue.  Storage is a very temporary issue because storage tech is racing ahead even while Moore's law is peering out.  My phone has plenty of NAND flash already for several years to come. The most serious issue is bandwidth, and there are several technological solutions specific to XMR under review which can compress bandwidth requirements very nicely.  There is no obvious order-of-magnitude technological advance pipeline for general purpose bandwidth, not such as there is for storage, but network tech won't stand still either - not as long as fundamental physical limitations remain far away.  And again, thus is only significant for those few of us who are well-motivated to run full nodes.

In short, scalability issues won't impinge on Monero usability for a long time, if ever.


Facepalm.  Looking at that comment I realize now that those figures are obsolete, made stale by new data.  Those central estimates were made in March.  When facts change, estimates need to be made afresh.  I apologize for reporting obsolete estimates.  I will stop doing that now, until I can provide newer estimates on the basis of statistically valid, or at least plausible, methology - and on modelling best practices.


Not going to happen in the U.S., where the Supreme Court has determined that there is a fundamental and inalienable right to privacy, protected by constitutional guarantees.  Not as long as the court lets Roe v. Wade stand, at least.  I can't tell you anything about the EU with confidence, but I suspect they protect privacy rights with equal vigor.  Between them, the EU and US provide the bulk of the economical uses of Monero. Penetration into Asia is embryonic - despite Chinese  capital flight being an obvious, and massive, use case.


I think the short term depends mostly on FOMO during attempts to front-run the deployment of multisig, which is too predictable not to game, and consequent increases in DNM adoption, which is less accurately predictable, unless you are an insider.  I suspect multisig will be a sell-the-news event, due this, but sellers are likely to feel much regret when actual DNM adoption and organic growth in the DNM sectors force a rise on fundamentals.  Oh well - their loss is our gain. And of course all of us in the peanut gallery may be quite surprised by sudden developments in, e.g. Globee.  I just can't justify reducing my portfolio share of cold storage Monero for some time to come, because I would almost certainly miss these jumps on catalysts.

It's always difficult to decide.I think that XMR / BTC will fall slowly while the BTC will increase and thus keep the value of XMR in USD stable. Monero is a very strong altcoin and very well known. They have a lot of supporters and an active community. I made a lot of profit, many of my trading friends said that monero will skyrocket at the end of this year, and it's a good opportunity to invest immediately.

People who claim Monero takes days to sync must be using a 2006 laptop with dial up internet. On a modern computer with an SSD, quad core processor, and decent internet (25 mbps+), a full sync should take 6 hours at the very most. A PC with a high end processor (AMD Epyc or Intel with 12 or more cores) and fiber connection will have it done in a couple of hours. Sorry, but Monero is cutting edge software, and you need modern hardware if you want to have a good experience.

I would bet my left something that more than 1% of the money supply will be accidentally lost each year. Not in the boating accident way. I mean for real. People dying without giving their keys to someone, user error, forgotten passwords, etc...

Still waiting for your academical research why even 1% or below inflation is too much for a coin to be any valuable... concern troll

Hear hear.

No, with proper hardware it takes hours.

There's little choice when the system becomes unuseable for people to run in the first place.
Already it takes several days to do a full sync on a fast connection with proper hardware.

Monero is now officially a Large Cap Cryptocurrency.  This is big news in my opinion. Since it validates the actual size of the market cap rather than just the rank.

Difference is bitcoin is fully transparent. If the cost of privacy is extra storage then surely that's a decision for the consumer?

I'd love to see second-layer solutions that preserve privacy at the level of Monero on-chain transactions. Links or details are very welcome.

it was late. previously, the elevation was. and need to rise further. open source has reduced the demand for. my year end goal is $ 200.  

Off-chain scaling does not mean poof goes privacy for Monero, how did you come to that conclusion?
Since on chain scaling clearly does not work, we can agree on that, what other choice is there?

I'm baffled by how people just spew nonsense without any merit