[XMR] Monero Speculation - page 510.

NeuroticFish

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If Shelby/anonymint wouldn't have planted in me his seeds of doubt I would be even more invested in Monero, but I still have an amount that could count when the markets will be loving us more.
So for now I watch and HOLD.

Quote from: cryptimus prime on October 26, 2017, 03:14:25 PM

True, but I learned in the last 2-3 years that markets tend to correct. XMR had its first big correction from 2.50 USD to 15 USD, many were surprised.
I was not.

That's true, Monero's jumps are at its own tempo and sooner or later it gets the place it deserves.

The only point I was surprised was when Monero got to about 140$, not long ago. And it's not because of the value, it's because it happened so quick.
So the current bleak period is actually normal, I know.

walonek

full member

Activity: 149

Merit: 100

Wtf is this? You are really goiing to suck eachother? This thread looks so... Is this psychiatry panel?

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: jwinterm on October 26, 2017, 09:35:08 PM

Quote from: Anon136 on October 26, 2017, 09:22:06 PM

Quote from: cryptimus prime on October 26, 2017, 02:04:45 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.

Although I do have my eye on a future project as well https://www.metronome.io/ Blockchain agnostic, worlds first 1000 year crypto currency. It's got a good "story". It's a catchy pitch.

Brief look at MTN and looks like a bad joke to me. From the "owner's manual":

Quote

Some cryptocurrencies' mintage is either static or goes to zero over time – like Bitcoin1 and Litecoin2 – raising questions with economists about their long term viability. Other cryptocurrencies’ token supply is hand-stitched together in pre-ICO deals that award certain parties a vast amount of supply, resulting in those parties controlling the majority of tokens.3 Some cryptocurrencies sell out to certain parties in a pre-sale, leaving very little to the general public. Metronome attempts to fix those problems with daily auctions that provide an on-going token supply mintage, ad infinitum. An ongoing token supply mintage is theorized to provide sustainability versus other cryptocurrencies whose mintage either is or goes to zero.

They're taking a 20% premine and lord knows how many of their own ICO tokens their going to "buy" up in the presale.

From the table at the end:

Quote

BTC is famous for its contentious forks and deflationary nature. Token supply and issuance is stable, but infinite.

Garzik is a key character pushing the latest and most contentious fork. And how the fuck is MTN supposed to magically be above contentious changes to the code? Code is law? How did that work out for Ethereum.

Sorry, but I just don't see it. Looks like shit token that Garzik is trying to hype by leveraging the chaos that he has a hand elbow-deep in wrt Bitcoin.

Thanks for the perspective. I can't say that I disagree with any of it. In addition to the problems you mentioned the 2% annual inflation rate makes me throw up in my mouth a little. But it's still an interesting idea and an idea that, now that its out there in the memespace, is probably going to end up attracting a lot of capital in one form or another by the time its all said and done. My thinking is that maybe MTN will end up being the Bytecoin to cryptonotes Monero but first mover advantage is a powerful thing and probably shouldn't be dismissed lightly. Much thinking yet to be done. In the end its not really about principles. It's about making money and the flaws that you mentioned dont make it obvious that there wont be significant opportunity to do so.

jwinterm

legendary

Activity: 3164

Merit: 1118

Quote from: Anon136 on October 26, 2017, 09:22:06 PM

Quote from: cryptimus prime on October 26, 2017, 02:04:45 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.

Although I do have my eye on a future project as well https://www.metronome.io/ Blockchain agnostic, worlds first 1000 year crypto currency. It's got a good "story". It's a catchy pitch.

Brief look at MTN and looks like a bad joke to me. From the "owner's manual":

Quote

Some cryptocurrencies' mintage is either static or goes to zero over time – like Bitcoin1 and Litecoin2 – raising questions with economists about their long term viability. Other cryptocurrencies’ token supply is hand-stitched together in pre-ICO deals that award certain parties a vast amount of supply, resulting in those parties controlling the majority of tokens.3 Some cryptocurrencies sell out to certain parties in a pre-sale, leaving very little to the general public. Metronome attempts to fix those problems with daily auctions that provide an on-going token supply mintage, ad infinitum. An ongoing token supply mintage is theorized to provide sustainability versus other cryptocurrencies whose mintage either is or goes to zero.

They're taking a 20% premine and lord knows how many of their own ICO tokens their going to "buy" up in the presale.

From the table at the end:

Quote

BTC is famous for its contentious forks and deflationary nature. Token supply and issuance is stable, but infinite.

Garzik is a key character pushing the latest and most contentious fork. And how the fuck is MTN supposed to magically be above contentious changes to the code? Code is law? How did that work out for Ethereum.

Sorry, but I just don't see it. Looks like shit token that Garzik is trying to hype by leveraging the chaos that he has a hand elbow-deep in wrt Bitcoin.

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: cryptimus prime on October 26, 2017, 02:04:45 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.

Although I do have my eye on a future project as well https://www.metronome.io/ Blockchain agnostic, worlds first 1000 year crypto currency. It's got a good "story". It's a catchy pitch.

rangedriver

hero member

Activity: 714

Merit: 504

Quote from: KeyJockey on October 25, 2017, 03:52:08 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

cryptimus prime

hero member

Activity: 493

Merit: 551

Quote from: NeuroticFish on October 26, 2017, 02:11:15 PM

Bitcoin forks are a bad (and sad) joke. Still, Bitcoin is nearly 6000$ and Monero didn't keep up that good.
But this is the markets.

True, but I learned in the last 2-3 years that markets tend to correct. XMR had its first big correction from 2.50 USD to 15 USD, many were surprised.
I was not.

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: cryptimus prime on October 26, 2017, 02:04:45 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.

Would be tough to dig deep enough into coinmarketcap.com to find spectre, but if Sarang finds it interesting, I'm at least paying attention even if it just to see if it helps Monero https://forum.getmonero.org/9/work-in-progress/87856/hire-mathematician-and-computational-physicist-to-join-research-team?page=&noscroll=1#post-92875

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

Quote from: cryptimus prime on October 26, 2017, 02:04:45 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.

But the everything else have armies of disgruntles soldiers

NeuroticFish

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Bitcoin forks are a bad (and sad) joke. Still, Bitcoin is nearly 6000$ and Monero didn't keep up that good.
But this is the markets.

I still have hopes that one day Monero will also reach at least 1000$. It deserves that.
While I like to diversify, I am also happy to be invested in XMR

cryptimus prime

hero member

Activity: 493

Merit: 551

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.

Victorycoin

hero member

Activity: 1134

Merit: 517

Quote from: Nathan047 on October 25, 2017, 01:59:45 PM

Quote from: garytheasshole on October 25, 2017, 01:48:23 PM

Quote from: Johnny Mnemonic on October 25, 2017, 01:41:05 PM

As aminorex astutely pointed out, the market won't turn until the bulls capitulate. In the past, the appearance of trolls and FUD was a good indicator of the tides changing, but such market patterns tend to collapse as soon as they're recognized. KeyJockey's post indicates a level of short-term uncertainty that leads me to believe we're about to see the next move up. But then again, I thought that was going to happen three weeks ago and I was wrong.

Welp, if it was easy to predict the market we'd all be millionaires. The line between trading and gambling is almost nonexistent.

I agree and disagree with you at the same time: while you cannot guarantee a rise in price, it is possible to make a very educated guess and be right like 80%-90% of the time (especially when holding for a long time).

That's right, when a coins offers tangible solution to any of the shortfalls in Bitcoin, like the traceability of transactions issue, which Monero is able to checkmate, it means the coin have cornered some market demand and as such, an educated guess would be right, at least 70% of the time and that is certainly good enough for any knowledgeable and skillful trader to end up making some profit.

dEBRUYNE

legendary

Activity: 2268

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[Seeks Funding] Monero Meetup Kit

https://forum.getmonero.org/8/funding-required/88374/monero-meetup-kit

walonek

full member

Activity: 149

Merit: 100

Are you going to suck eachother? This is speculation thread not some "no homo" society... Did noMore Priests and belivers lost faith when every major support breaks and when the breakdown levels do not let the price go ? Yesterday noMore beautifully bounced from the top of falling channel.

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

All the best bud.

I think its a general problem of our "always on", 24hrs, Internet based society.

Lots of people who cant switch off.

I like the advices, take a walk and breathe some fresh air.

But, don't be a stranger.

Phil

Quote from: KeyJockey on October 25, 2017, 09:24:06 AM

Hey Guys:

I'm posting this today just in case it's helpful to anyone else... odd as it may seem, in this day and age of everything being constantly 'online' I feel like some of y'all here are actually "friends", even though none of us have ever met, LOL.

*crop for your eyes*

walonek

full member

Activity: 149

Merit: 100

Channel bounced from top and bow you got what yoy see. 0.02 will be long wait... Unfortunately first it could be 0.01.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: KeyJockey on October 25, 2017, 09:24:06 AM

....
SO... can't deal, man. Srsly. Gotta step back... I gotta TRY and fucking detach at least for a while.

I think what I'm gonna do here is just lock down ALL my various crypto coins into secure COLD PAPER WALLETS, print a few copies and save 'em 2-3 places, then DELETE EVERYTHING crypto related from my computer and just try and STOP THINKING about this shit all day every day 24/7.

Then maybe in a year or so, come back and check the paper wallets and find it's all worth over $1,000,000... OR it's all gone to shit and totally worthless.

Whateva'... LOL

Probably won't come to THAT, probably just need a few days or a couple weeks away to get *clear* again, but... Jeez it's just too much, ya know?...

I hear ya! you can sucked into this and spend every waking moment reading and still be behind either the curve or whats going on or a list of other things. This is one reason when I goto casino I try not to sign on at all (and find out I got screwed when my margin went bad during that time! LOL) while I am there. Running bad in both can be stressful and running good there then checking in here and find out you got boned just ruins the good time there! So what I'm saying is you can't let this shit control your life. I fully support stepping away regularly or you will certainly get burnt out and burned as well in this market.

Don't even think about leaving for a year though cause we'll miss ya way too much.

Quote from: Johnny Mnemonic on October 25, 2017, 01:41:05 PM

As aminorex astutely pointed out, the market won't turn until the bulls capitulate. In the past, the appearance of trolls and FUD was a good indicator of the tides changing, but such market patterns tend to collapse as soon as they're recognized. KeyJockey's post indicates a level of short-term uncertainty that leads me to believe we're about to see the next move up. But then again, I thought that was going to happen three weeks ago and I was wrong.

I think alot of us were wrong at that time, I know I was and am still paying for it. Cheesy

KeyJockey

hero member

Activity: 608

Merit: 509

Thanks for all the nice comments, appreciate the well-wishes (and, I guess I posted this just 'cuz I wanted to be sure it wasn't "just me" LOL. Nice to know other people ARE sometimes also as stressed out by this shit as me, and I ain't just mental... LOL) Tongue

Anyway probably should clarify that I am NOT at all "losing faith" in CRYPTO as a whole... far from it!!

To sell-out of everything, back to dirty FIAT old-fashioned green printed paper money? Perish the thought!! Never even considered it.

On the contrary, actually, that scenario where I somehow find a way to ignore all this shit for a whole year and come back to find it worth $1 Million kinda IS what I'd expect, much more-so than coming back a year later to find it all $0. Probably 80% vs 20% that way, honestly.

So... yeah, no... this is not a 'bearish' sentiment overall I don't think.

You guys, plz don't trade your assets based on MY idiot psychology breakdown here, LOL

I just need to try and pull back from all the news and info and "NOISE" most likely.

But, yeah, as soon as that next big green XMR candle hits (almost saw it today on the fatfinger trade) I'll probably forget all about what I'm feeling today.

Carry on, gentlemen... Cheesy

walonek

full member

Activity: 149

Merit: 100

Correction of downtrend ongoing. Sell level on 0.02. As predicted. Priests of noMore wank for the big green candles. They do not do any real analysis besides tomato speaches.

Nathan047

sr. member

Activity: 504

Merit: 250

Quote from: garytheasshole on October 25, 2017, 01:48:23 PM

Quote from: Johnny Mnemonic on October 25, 2017, 01:41:05 PM

As aminorex astutely pointed out, the market won't turn until the bulls capitulate. In the past, the appearance of trolls and FUD was a good indicator of the tides changing, but such market patterns tend to collapse as soon as they're recognized. KeyJockey's post indicates a level of short-term uncertainty that leads me to believe we're about to see the next move up. But then again, I thought that was going to happen three weeks ago and I was wrong.

Welp, if it was easy to predict the market we'd all be millionaires. The line between trading and gambling is almost nonexistent.

I agree and disagree with you at the same time: while you cannot guarantee a rise in price, it is possible to make a very educated guess and be right like 80%-90% of the time (especially when holding for a long time).

Topic: [XMR] Monero Speculation - page 510. (Read 3314316 times)