Author

Topic: [XMR] Monero Speculation - page 539. (Read 3314316 times)

newbie
Activity: 36
Merit: 0
October 05, 2017, 05:41:11 PM
You aren't hearing much about Monero but here and there it has some big price spikes and then cooldowns... weird coin but must have in all wallets.
legendary
Activity: 1722
Merit: 1217
October 05, 2017, 05:31:20 PM

It is a scary rip tide, but it is a rising tide.  Stay in the fracking boat!


Well, I'm still in the boat, but... dammit, of all the bad luck!

All of my crypto stored on paper wallets (that I brought with me out here on the lake, for 'safe keeping' don't ya know) blew overboard and floated away  Cheesy

We've all been in that boat.


legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
October 05, 2017, 05:25:32 PM

It is a scary rip tide, but it is a rising tide.  Stay in the fracking boat!


Well, I'm still in the boat, but... dammit, of all the bad luck!

All of my crypto stored on paper wallets (that I brought with me out here on the lake, for 'safe keeping' don't ya know) blew overboard and floated away  Cheesy

You know...  We lovers of Montero are a lot of things... but good sailors?  We are not. 

I do believe nearly all the monero coinbase has been lost at sea by this point.
hero member
Activity: 608
Merit: 509
October 05, 2017, 04:54:21 PM

It is a scary rip tide, but it is a rising tide.  Stay in the fracking boat!


Well, I'm still in the boat, but... dammit, of all the bad luck!

All of my crypto stored on paper wallets (that I brought with me out here on the lake, for 'safe keeping' don't ya know) blew overboard and floated away  Cheesy
member
Activity: 100
Merit: 11
October 05, 2017, 01:17:16 PM
We aren't in a bubble. This is the price discovery phase for the 6th Generation of money (post plastic), true crypto has been recognised for it's disruptive power.

Do you really think that such a technology as I've described will stay long with a market cap 1/100th the size of metals? I don't.

Yes.  I would add: Bubble is subjective.  It's made of bubbles.  Bubbles all the way down.  When the panic comes, everyone will say, oh that was a bubble.  In fact the panic is equally a mispricing, but the doomsayers will consider it their (fleeting) vindication. There is a well understood fundamental attractor for price (Fisher's law), but it is only partially observable in the market, and there are quasicyclical factors as well (technically, "quasiperiodic on time scales", some of which may be predictable given sufficient observation, and a low model error - but that is an awful lot of hard work).  

Whenever the price moves there are winners and losers, support and resistance.   The price will have to move a LOT in order to achieve fundamental value over the coming years.  So there will be BIG winners and losers.  So there will be a LOT of resistance and support.  It will be painful for everyone.  Too much drama for my taste, certainly. But, the holders will be the winners after the smoke clears.  That's where I want to be sitting.

Suppose the "end point" (your investment horizon) has XMR denominating 1% of JUST the global black markets. (Although in reality it is more likely to be 10%, and another 2% of the "regulated" market besides.). You all know the numbers by now.  In order to reach even 20kUSD it has to go through all the levels between here and there.  That's a vast battlefield.  It will not be crossed without much blood.  Call me a coward but I do not want to bleed.  I will mostly just sit on the side, and hold.  Maybe pick a dead man's pocket or two when the action is far away, or the blood is deep in the streets.

The brute, incontestible fact is that Monero has a growing share of a growing sector (crypto).  It is going to do fantastically well over the long haul.  It has already done so, when the future was relatively dark.  Now that it  has enough cap to make technical development much easier to support, the future is brilliant, and one day the market will suddenly price that in.  I want to be holding on that day.  And indeed, to pass my (unknowable, inalienable) wealth to my heirs, if I can't find a better use for it in my lifetime. BTC on the other hand, has a declining share of that growing sector.  It may do very well, but not so well as XMR.

Whenever someone tries to pry your fingers apart with FUD, remember the facts, remember the logic, remember that markets rise by climbing a "wall of worry", and hold.  It is a scary rip tide, but it is a rising tide.  Stay in the fracking boat!



lol..
legendary
Activity: 2744
Merit: 1288
October 05, 2017, 12:45:22 PM



2391 people searched advice's about Monroe on Monero Stack Exchange. Never before this many as yesterday. This is what matters right now and this is what Monero needs. Not just people to use it, but to understand it better.


If you dont know something go there and look: https://monero.stackexchange.com/




A funny thing. Only 4 months latter and  casual 40% increase. I dont think today is something really special with high daily activity.
sr. member
Activity: 327
Merit: 252
October 05, 2017, 11:11:51 AM
Probably low quality, but for what it is worth,  "First Crypto ETF" to hold XMR https://themerkle.com/first-crypto-etf-launches-a-pre-ico-guarantees-to-buyback-tokens/

Further institutional investment notwithstanding, I have high hopes for Globee. In much the same way that the market reacted to the Monero/Alphabay news, I think it will do the same when Globee announces its partnerships. Real markets with real products  and real currency use within those markets is a rare phenomenon within Crypto, though something that they all (purportedly) aspire to.

Very bullish in my opinion.
member
Activity: 200
Merit: 47
October 05, 2017, 11:05:59 AM
We aren't in a bubble. This is the price discovery phase for the 6th Generation of money (post plastic), true crypto has been recognised for it's disruptive power.

Do you really think that such a technology as I've described will stay long with a market cap 1/100th the size of metals? I don't.

Yes.  I would add: Bubble is subjective.  It's made of bubbles.  Bubbles all the way down.  When the panic comes, everyone will say, oh that was a bubble.  In fact the panic is equally a mispricing, but the doomsayers will consider it their (fleeting) vindication. There is a well understood fundamental attractor for price (Fisher's law), but it is only partially observable in the market, and there are quasicyclical factors as well (technically, "quasiperiodic on time scales", some of which may be predictable given sufficient observation, and a low model error - but that is an awful lot of hard work).  

Whenever the price moves there are winners and losers, support and resistance.   The price will have to move a LOT in order to achieve fundamental value over the coming years.  So there will be BIG winners and losers.  So there will be a LOT of resistance and support.  It will be painful for everyone.  Too much drama for my taste, certainly. But, the holders will be the winners after the smoke clears.  That's where I want to be sitting.

Suppose the "end point" (your investment horizon) has XMR denominating 1% of JUST the global black markets. (Although in reality it is more likely to be 10%, and another 2% of the "regulated" market besides.). You all know the numbers by now.  In order to reach even 20kUSD it has to go through all the levels between here and there.  That's a vast battlefield.  It will not be crossed without much blood.  Call me a coward but I do not want to bleed.  I will mostly just sit on the side, and hold.  Maybe pick a dead man's pocket or two when the action is far away, or the blood is deep in the streets.

The brute, incontestible fact is that Monero has a growing share of a growing sector (crypto).  It is going to do fantastically well over the long haul.  It has already done so, when the future was relatively dark.  Now that it  has enough cap to make technical development much easier to support, the future is brilliant, and one day the market will suddenly price that in.  I want to be holding on that day.  And indeed, to pass my (unknowable, inalienable) wealth to my heirs, if I can't find a better use for it in my lifetime. BTC on the other hand, has a declining share of that growing sector.  It may do very well, but not so well as XMR.

Whenever someone tries to pry your fingers apart with FUD, remember the facts, remember the logic, remember that markets rise by climbing a "wall of worry", and hold.  It is a scary rip tide, but it is a rising tide.  Stay in the fracking boat!



Poetry.
sr. member
Activity: 504
Merit: 250
October 05, 2017, 11:03:59 AM
man... I wish I had found this one earlier Smiley

got only few moneros, but I will hodl them!
Same here, I sold a lot of my Monero at 60$ and didn’t really buy all that much back.

Although I don’t have too much for regrets, the all the coins I invested that money into went up to some extent (mainly Bitcoin); and I am really not one for holding a coin for more then like 9 months – the only true hodling I do is Bitcoin.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
October 05, 2017, 10:34:18 AM
Probably low quality, but for what it is worth,  "First Crypto ETF" to hold XMR https://themerkle.com/first-crypto-etf-launches-a-pre-ico-guarantees-to-buyback-tokens/
legendary
Activity: 2744
Merit: 1288
October 05, 2017, 10:26:19 AM
A new DNM has apparently just opened. It seems to have its ducks in a row insofar as it places Monero at the top of the crypto food chain:

https://np.reddit.com/r/DarkNetMarkets/comments/7482h9/market_launch_aero_marketplace/


"Cryptocurrency
Aero provides the facility for use of both Bitcoin and Monero. The recent events referenced above gave us a real look at how much of a serious liability Bitcoin can be, we want to offer it as an option due to it's ease of use and it can still be used anonymously if done correctly, but we are firm believers in the future of Monero and it's capabilities. We will strive to be a Monero first marketplace and consider to move away from Bitcoin completely in the future once Monero receives true multisig transactions and becomes more accessible to the average user."
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
October 05, 2017, 10:22:38 AM
We aren't in a bubble. This is the price discovery phase for the 6th Generation of money (post plastic), true crypto has been recognised for it's disruptive power.

Do you really think that such a technology as I've described will stay long with a market cap 1/100th the size of metals? I don't.

Yes.  I would add: Bubble is subjective.  It's made of bubbles.  Bubbles all the way down.  When the panic comes, everyone will say, oh that was a bubble.  In fact the panic is equally a mispricing, but the doomsayers will consider it their (fleeting) vindication. There is a well understood fundamental attractor for price (Fisher's law), but it is only partially observable in the market, and there are quasicyclical factors as well (technically, "quasiperiodic on time scales", some of which may be predictable given sufficient observation, and a low model error - but that is an awful lot of hard work).  

Whenever the price moves there are winners and losers, support and resistance.   The price will have to move a LOT in order to achieve fundamental value over the coming years.  So there will be BIG winners and losers.  So there will be a LOT of resistance and support.  It will be painful for everyone.  Too much drama for my taste, certainly. But, the holders will be the winners after the smoke clears.  That's where I want to be sitting.

Suppose the "end point" (your investment horizon) has XMR denominating 1% of JUST the global black markets. (Although in reality it is more likely to be 10%, and another 2% of the "regulated" market besides.). You all know the numbers by now.  In order to reach even 20kUSD it has to go through all the levels between here and there.  That's a vast battlefield.  It will not be crossed without much blood.  Call me a coward but I do not want to bleed.  I will mostly just sit on the side, and hold.  Maybe pick a dead man's pocket or two when the action is far away, or the blood is deep in the streets.

The brute, incontestible fact is that Monero has a growing share of a growing sector (crypto).  It is going to do fantastically well over the long haul.  It has already done so, when the future was relatively dark.  Now that it  has enough cap to make technical development much easier to support, the future is brilliant, and one day the market will suddenly price that in.  I want to be holding on that day.  And indeed, to pass my (unknowable, inalienable) wealth to my heirs, if I can't find a better use for it in my lifetime. BTC on the other hand, has a declining share of that growing sector.  It may do very well, but not so well as XMR.

Whenever someone tries to pry your fingers apart with FUD, remember the facts, remember the logic, remember that markets rise by climbing a "wall of worry", and hold.  It is a scary rip tide, but it is a rising tide.  Stay in the fracking boat!

legendary
Activity: 2016
Merit: 1259
October 05, 2017, 09:59:50 AM
Bottom reached by now, now we are going back upwards until a high on 18'th December for 0,06125  Grin

I thought it was to be $500 10 days prior to that... I suppose both is a reasonable projection  Cool
member
Activity: 200
Merit: 47
October 05, 2017, 04:29:49 AM
hate to tell it to you but no one can predict the markets.

Except Rangedriver.  His short term record is enviable. (Inside info, I assume.)

Well it's now October and it looks like my prediction of 0.07-0.075 by the end of September was wayyy off course. Weird huh?

I guess it just shows that no-one can predict the markets after all... and puts to bed the rumour of trading on inside info. (I really don't want to get investigated by the Feds for pulling numbers out of my ass.)

With that being said... I'm looking at Q1 2018 to be the most interesting for Monero. Read, bullish.

I've spent a lot of time doing some research and can now confirm that XMR will have at least 3.5% of BTC's marketcap by February 24th at just after 2pm PST.

You can take that to the bank. (I mean it this time.)

Lol that is massive call, And I would say one that is banking on BTC falling off a cliff in the next few months as one would expect


What are you talking about, This implies a price of about 0.036 XMR/BTC (or 2.4bn mcap ~~ 160USD) with the emission curve/wave for XMR and BTC.

We (as you know) hit that last month, how do you come to the conclusion that BTC would have to fall off a cliff for XMR to reestablish such a recently achieved price over the course of nearly half a year?

If we are not at over 5% of BTC mcap by this date, something is wrong.

I'd like to know how you reach your conclusion.


It is called a bubble, I have seen it befgore in 2013 and I would expect the same outcome again, maybe not a bear market for as long though


The sovereignless, borderless, value storage/transfer that crypto provides is now pervasive.

It's known, proven and understood.

Crypto is a token of credit, not a token of debt like the US Dollar.

I lost coins in Gox too, I remember when bitcoinity was the only chart service, and I've worked in the fiat markets for years.

We aren't in a bubble. This is the price discovery phase for the 6th Generation of money (post plastic), true crypto has been recognised for it's disruptive power.

Do you really think that such a technology as I've described will stay long with a market cap 1/100th the size of metals? I don't.

Best of luck.

https://www.finextra.com/newsarticle/31140/imf-chief-says-banks-would-be-unwise-to-dismiss-the-threat-from-virtual-currencies
full member
Activity: 532
Merit: 102
October 05, 2017, 02:33:58 AM
man... I wish I had found this one earlier Smiley

got only few moneros, but I will hodl them!
member
Activity: 62
Merit: 10
October 05, 2017, 01:09:11 AM
Monero is promising.
I bought much lower and it is still good to HODL.
All coins are low now,
It is okay to buy more XMR.
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
October 05, 2017, 12:10:56 AM
Bottom reached by now, now we are going back upwards until a high on 18'th December for 0,06125  Grin
hero member
Activity: 924
Merit: 1000
I AM
October 04, 2017, 09:38:30 PM
hate to tell it to you but no one can predict the markets.

Except Rangedriver.  His short term record is enviable. (Inside info, I assume.)

Well it's now October and it looks like my prediction of 0.07-0.075 by the end of September was wayyy off course. Weird huh?

I guess it just shows that no-one can predict the markets after all... and puts to bed the rumour of trading on inside info. (I really don't want to get investigated by the Feds for pulling numbers out of my ass.)

With that being said... I'm looking at Q1 2018 to be the most interesting for Monero. Read, bullish.

I've spent a lot of time doing some research and can now confirm that XMR will have at least 3.5% of BTC's marketcap by February 24th at just after 2pm PST.

You can take that to the bank. (I mean it this time.)

Lol that is massive call, And I would say one that is banking on BTC falling off a cliff in the next few months as one would expect


What are you talking about, This implies a price of about 0.036 XMR/BTC (or 2.4bn mcap ~~ 160USD) with the emission curve/wave for XMR and BTC.

We (as you know) hit that last month, how do you come to the conclusion that BTC would have to fall off a cliff for XMR to reestablish such a recently achieved price over the course of nearly half a year?

If we are not at over 5% of BTC mcap by this date, something is wrong.

I'd like to know how you reach your conclusion.


It is called a bubble, I have seen it befgore in 2013 and I would expect the same outcome again, maybe not a bear market for as long though
hero member
Activity: 608
Merit: 509
October 04, 2017, 08:56:59 PM
Just spitballin' here guys...

A few of my personal medium-term price numbers for crypto that I think may be worthwhile:

XMR = $300
BCH/BCC = $1000 (or $0, or $10K if the flippening happens)
BTC = $10,000 (or $0, or $1K if the flippening happens)
ETH = $500
LTC = $500
MAID = $5

Anyone care to venture when, or IF at all, any of the above may achieve these values?



You seem to be most bullish on LTC. Any particular reason why?


Actually, no... based on my overall portfolio percentages of each coin, I'm most bullish on Monero (but I guess I've just gotten used to "things taking a bit longer then they really should" in MoneroWorld over last couple years... LOL)

Maybe flip those $ values then, so LTC = $300 and let's have XMR = $500?  Works for me  Grin
full member
Activity: 200
Merit: 114
October 04, 2017, 08:14:35 PM
Just spitballin' here guys...

A few of my personal medium-term price numbers for crypto that I think may be worthwhile:

XMR = $300
BCH/BCC = $1000 (or $0, or $10K if the flippening happens)
BTC = $10,000 (or $0, or $1K if the flippening happens)
ETH = $500
LTC = $500
MAID = $5

Anyone care to venture when, or IF at all, any of the above may achieve these values?



You seem to be most bullish on LTC. Any particular reason why?
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