Author

Topic: [XMR] Monero Speculation - page 509. (Read 3314316 times)

legendary
Activity: 2968
Merit: 1198
October 27, 2017, 08:10:42 PM
Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.

1. Your statement about Ethereum is flatly false. The Ethereum Metropolis fork adds support for both approaches, not just Zcash (zksnarks and ring signatures). In fact I came across a video last week where Vitalik was personally explaining the benefits of both.

2. Companies like JP Morgan will often make big announcements about high profile initiatives and partnerships when working with other companies such as Zcash. Frankly in only a minority of cases do these intitiatives ever lead anywhere beyond press releases. However, those same companies also very often have people internally and quietly working with decentralized open source technologies. I would be virtually certain there are people within JP Morgan studying Monero and thinking about how to make use of it (and other open source cryptocurrency projects too), without any press releases being generated. That also does not guarantee it will ever lead anywhere (perhaps Jamie Dimon will find out and fire them).
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
October 27, 2017, 07:47:41 PM
Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.

Maybe because ETH, Zcrap and JP Morgan all have to be trusted and are centralized?
hero member
Activity: 493
Merit: 551
October 27, 2017, 03:59:48 PM
Yes, I think the problem with most newbie investors is that they try to find the next X100 and buy any kind of coin which makes this promise. While doing that, they miss out the next X10 or X30 and that is what I see in IOTA and XMR. From the 4 strong and healthy projects (although BTC may not be healthy any more) which are BTC, ETH, XMR and IOTA, only the last 2 have a small market cap of 1 billion USD.

Other top 10 coins like LTC, NEM, XRP, DASH etc. are a joke.

I only like to put my money into quality stuff, where I can hodl even through lows with no problems because I know the value will come back again.
As far as LTC and DASH are concerned I think they have a rightful place in the top 10.

Litecoin being silver to Bitcoin’s gold; it was one of the first altcoins and also has very low transaction fees giving it a deserved top 10.


With DASH I don’t like the instamine or the fact the devs seem shady either, but it still has neat tech


"Litecoin is silver to Bitcoin`s gold"
What kind of justification for LTC existance is this?
This is not the the way I plan my investments.

And no, DASH tech is pretty much worthless compared to what ETH, XMR and IOTA can do.
I just need to take a look at their devs, kind of people who are into their "community" and the problems their technology does (or does not) solve to have my strong opinion about it.
legendary
Activity: 1512
Merit: 1442
thefuzzstone.github.io
October 27, 2017, 03:26:26 PM
The biggest indicator of future price growth is the constantly increasing number of contributors, development, and ongoing research. Pay attention to the other projects in the space that tend to expand vertically but not horizontally. The amount of simultaneous developments in Monero is proof that it isn't going away any time soon, and is rapidly outpacing any would-be competitor.

Agree + transactions per block
hero member
Activity: 795
Merit: 514
October 27, 2017, 02:46:08 PM
The biggest indicator of future price growth is the constantly increasing number of contributors, development, and ongoing research. Pay attention to the other projects in the space that tend to expand vertically but not horizontally. The amount of simultaneous developments in Monero is proof that it isn't going away any time soon, and is rapidly outpacing any would-be competitor.
legendary
Activity: 2744
Merit: 1288
October 27, 2017, 02:44:51 PM
Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology?

Now question yourself. Last weeks, there was lots of talks CEO of JP Morgan said what about Bitcoin?  What he said?  We will implement Bitcoin solutions? We will implement some "way smaller then Bitcoin clone" solutions? What did he said?

When you will listen to your answer and think about it, you will see that most crpto news is just pure bullshit. People make i up and repeat it so long that they start believe it.
hero member
Activity: 882
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
October 27, 2017, 01:51:03 PM
Carry on, gentlemen...  Cheesy

Take four months out. Don't sell.

Until then just read between the lines ...

https://www.youtube.com/watch?v=3Sb9fWcJk14
As much as I want to not want people to waste their money on this coin if it dumps, there is a high chance that this coin could explode in price soon.
sr. member
Activity: 504
Merit: 250
October 27, 2017, 01:02:33 PM
Yes, I think the problem with most newbie investors is that they try to find the next X100 and buy any kind of coin which makes this promise. While doing that, they miss out the next X10 or X30 and that is what I see in IOTA and XMR. From the 4 strong and healthy projects (although BTC may not be healthy any more) which are BTC, ETH, XMR and IOTA, only the last 2 have a small market cap of 1 billion USD.

Other top 10 coins like LTC, NEM, XRP, DASH etc. are a joke.

I only like to put my money into quality stuff, where I can hodl even through lows with no problems because I know the value will come back again.
As far as LTC and DASH are concerned I think they have a rightful place in the top 10.

Litecoin being silver to Bitcoin’s gold; it was one of the first altcoins and also has very low transaction fees giving it a deserved top 10.

With DASH I don’t like the instamine or the fact the devs seem shady either, but it still has neat tech and there are other popular coins with instamines/premines like ETH that isn’t hated by the Monero community. With both masternodes and instant transactions (are they temporarily disabled?) I do think that it does deserve a spot in the top 10.
sr. member
Activity: 2226
Merit: 254
Top-tier crypto casino and sportsbook
October 27, 2017, 12:21:04 PM
I have done a long, deep and intensive research over days and weeks just in case to diversify a small part of my investments into potential interesting projects/coins. Beside ETH (which wont make any really big gains any more) and XMR I only could find IOTA interesting, while still very experimental. Everything else is damn useless bullshit I would never put a cent in. Even BTC is a bad joke from fork to fork it is becoming just an expensive, overvalued and slow altcoin with no special features.

Simply happy to be invested in XMR.

I did the same research and came to exactly the same conclusion. BTC, XMR, ETH and IOTA are the only ones that are interesting and XMR and IOTA are the only two that I currently have skin in.


Yes, I think the problem with most newbie investors is that they try to find the next X100 and buy any kind of coin which makes this promise. While doing that, they miss out the next X10 or X30 and that is what I see in IOTA and XMR. From the 4 strong and healthy projects (although BTC may not be healthy any more) which are BTC, ETH, XMR and IOTA, only the last 2 have a small market cap of 1 billion USD.

Other top 10 coins like LTC, NEM, XRP, DASH etc. are a joke.

I only like to put my money into quality stuff, where I can hodl even through lows with no problems because I know the value will come back again.

For the most part I can agree with you: BTC, ETH, XMR are strong coins (IOTA I don't really know), but why you find LTC a joke?
It has strong developers, they put things in place well before BTC (like segwit), have low fees and faster transactions than BTC.
legendary
Activity: 2268
Merit: 1141
October 27, 2017, 11:57:30 AM
sr. member
Activity: 504
Merit: 250
October 27, 2017, 11:24:50 AM
when crypto goes mainstream, monero will be top 3-4
When (or if, but probably) cryptos do go mainstream then there will be a lot more focus on the uses of the coin and not just speculation, so my guess is that it would go Bitcoin - Ethereum - Monero – Litecoin.
newbie
Activity: 3
Merit: 0
October 27, 2017, 11:22:55 AM
Yes, I think the problem with most newbie investors is that they try to find the next X100 and buy any kind of coin which makes this promise. While doing that, they miss out the next X10 or X30 and that is what I see in IOTA and XMR. From the 4 strong and healthy projects (although BTC may not be healthy any more) which are BTC, ETH, XMR and IOTA, only the last 2 have a small market cap of 1 billion USD.

Other top 10 coins like LTC, NEM, XRP, DASH etc. are a joke.

I only like to put my money into quality stuff, where I can hodl even through lows with no problems because I know the value will come back again.

IMO it is worth having BCC in the portfolio too, there is chance that it will inherit the BTC good will
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
October 27, 2017, 10:57:24 AM
Zcash is far more valuable than Monero, so the market has spoken regarding that topic.

False.  The market cap of XMR exceeds that of ZEC by a large margin.

Anyhow, if you implement Zcash, I will find it interesting to see how long it takes until you are dangling like Alexandre Cazes.  It took him three weeks.  Can you beat his record?
newbie
Activity: 2
Merit: 0
October 27, 2017, 09:55:48 AM
I have done a long, deep and intensive research over days and weeks just in case to diversify a small part of my investments into potential interesting projects/coins. Beside ETH (which wont make any really big gains any more) and XMR I only could find IOTA interesting, while still very experimental. Everything else is damn useless bullshit I would never put a cent in. Even BTC is a bad joke from fork to fork it is becoming just an expensive, overvalued and slow altcoin with no special features.

Simply happy to be invested in XMR.

I did the same research and came to exactly the same conclusion. BTC, XMR, ETH and IOTA are the only ones that are interesting and XMR and IOTA are the only two that I currently have skin in.


Yes, I think the problem with most newbie investors is that they try to find the next X100 and buy any kind of coin which makes this promise. While doing that, they miss out the next X10 or X30 and that is what I see in IOTA and XMR. From the 4 strong and healthy projects (although BTC may not be healthy any more) which are BTC, ETH, XMR and IOTA, only the last 2 have a small market cap of 1 billion USD.

Other top 10 coins like LTC, NEM, XRP, DASH etc. are a joke.

I only like to put my money into quality stuff, where I can hodl even through lows with no problems because I know the value will come back again.

100%. I used to follow a lot of junior miners and get a lot of e-mail from "analysts" in that sector. Most of them have transitioned away from the penny mining stocks into marijuana stocks and crypto. Example excerpt from an e-mail I received today:

"As you probably know, for the past 12 months, I've been showing a small group of a few thousand people how to trade "cryptos" for profit. I gave them the chance to bank gains of 2,050% on May 24th, 1,522% on August 8th, and 14,354% on August 7th – and that's just the beginning."

My point is that there is a lot of new money in crypto and most investors have no idea what they're getting into. It's just an opportunity for quick profits in the new wild west and all "crypto" is the same. I think XMR is less volatile than some of the others because it has a lot of hodlers and fewer whales playing games. Sometimes in the short term, that lack of volatility might look like underperformance, but I don't think any coin has better fundamentals than XMR.
full member
Activity: 406
Merit: 105
Chosŏn Minjujuŭi Inmin Konghwaguk
October 27, 2017, 09:53:37 AM
Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.

This is why zcash is a failure https://twitter.com/zooko/status/863202798883577856?lang=en Does not do what it says on the tin. It's either private, anonymous and secure or it's not, there is no middle ground. 
member
Activity: 117
Merit: 10
October 27, 2017, 09:50:26 AM
Monero is alright but can someone explain me what chance it stands against Zcash? I think Zcash has already proved that they use by far the most superior cryptography. And if you don't believe me, you don't have to. Just ask yourself why JP Morgan is implementing their solution and not Monero's solution in their blockchain ledger, or why Ethereum is implementing the Zcash technology and not the Monero technology? I have nothing against Monero but it looks to me like everything is against that coin, what are the chances of success when developers come up with real innovations. That is already a good proof that is reflected in the price of the currency, Zcash is far more valuable than Monero, so the market has spoken regarding that topic. Monero has to implement some real alternative to even come close to compete with Zcash. I wish the team best of lack, we need competition in the space because it pushes us to improve our service and products, I hope it does the same for Monero.
legendary
Activity: 2744
Merit: 1288
October 27, 2017, 09:39:02 AM
Latest Ledger update:
https://www.reddit.com/r/Monero/comments/793blx/ledger_hardware_wallet_monero_integration_some/

Seems work went super fine so far, but now a week off for holidays and when he gets back his priority will not be Monero integration anymore. Mid November we will hear next news. Lets hope with the request for alpha testers.
hero member
Activity: 493
Merit: 551
October 27, 2017, 03:57:26 AM
I have done a long, deep and intensive research over days and weeks just in case to diversify a small part of my investments into potential interesting projects/coins. Beside ETH (which wont make any really big gains any more) and XMR I only could find IOTA interesting, while still very experimental. Everything else is damn useless bullshit I would never put a cent in. Even BTC is a bad joke from fork to fork it is becoming just an expensive, overvalued and slow altcoin with no special features.

Simply happy to be invested in XMR.

I did the same research and came to exactly the same conclusion. BTC, XMR, ETH and IOTA are the only ones that are interesting and XMR and IOTA are the only two that I currently have skin in.


Yes, I think the problem with most newbie investors is that they try to find the next X100 and buy any kind of coin which makes this promise. While doing that, they miss out the next X10 or X30 and that is what I see in IOTA and XMR. From the 4 strong and healthy projects (although BTC may not be healthy any more) which are BTC, ETH, XMR and IOTA, only the last 2 have a small market cap of 1 billion USD.

Other top 10 coins like LTC, NEM, XRP, DASH etc. are a joke.

I only like to put my money into quality stuff, where I can hodl even through lows with no problems because I know the value will come back again.
member
Activity: 70
Merit: 10
October 27, 2017, 02:02:29 AM
I really like monero.

when crypto goes mainstream, monero will be top 3-4
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