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Topic: [XMR] Monero Speculation - page 545. (Read 3314316 times)

full member
Activity: 406
Merit: 105
Chosŏn Minjujuŭi Inmin Konghwaguk
September 30, 2017, 12:49:51 PM
Monerujo - Production Release v1.0 now on Google Play Store - by m2049r

https://www.reddit.com/r/Monero/comments/73atah/update_monerujo_production_release_v10_now_on/




Oh great, an unofficial mobile wallet.
If this doesn't smell like a great scam to steal a shitload of wallets i don't know what does...
It's also nice because they can't just steal your Monero, they can steal every other crypto you have on your mobile as well, gotta love mobile wallets and the mobile system security.
Be warned.

No idea why mobile wallets even exist, I don't trust my andorid at all, everyone is clueless what the OS is doing and what vulnerabilities or even backdoors may lurk, why would you deposit cryptocurrency on such a device is beyond me.
legendary
Activity: 2968
Merit: 1198
September 30, 2017, 12:45:31 PM
The coinhive.com success will increase the risk of the 51% attack. So why should not we start more of these web-mining services? Mining will be decentralized more and there will be less 51% risk.

The Monero community for sure have ability to do this.

I think there are some people already working on it. I agree it is a good idea to encourage those efforts.


Hmm... Sounds good. So you think some people are working on, or do you know some are working on it?

Think, as in secondhand reports. I don't really know so if you think this is really important don't let my comments discourage.

Also, deleted several posts from our usual spammer shilling another coin and general nonsense/abuse, along with replies
legendary
Activity: 1937
Merit: 1001
September 30, 2017, 12:42:53 PM
Monerujo - Production Release v1.0 now on Google Play Store - by m2049r

https://www.reddit.com/r/Monero/comments/73atah/update_monerujo_production_release_v10_now_on/




Oh great, an unofficial mobile wallet.
If this doesn't smell like a great scam to steal a shitload of wallets i don't know what does...
It's also nice because they can't just steal your Monero, they can steal every other crypto you have on your mobile as well, gotta love mobile wallets and the mobile system security.
Be warned.
hero member
Activity: 952
Merit: 552
September 30, 2017, 11:11:44 AM
For sure rare 3 months ago  predicted Monero at $100 at end of September. Most thought HW wallet, mobile wallet and multisig will be the triggers.

Awesome call, that was.  Lately I am more focussed on the (easier, on assumptions) longer-term estimation task:

Monero has consistently repriced higher with each positive development, and the number and scope of bullish developments in the pipe is increasing, not decreasing, as the price, hash and community all rise in tandem.  It's the foothills of the exponential phase of adoption here.  After, comes the super-exponential expansion phase, as n log n network effect  kicks in, composed with a FOMO function.  Eventually, the market saturates at a given development level, FOMO dies, and price pulls back, but until XMR denominates at least 10% of the 22 trillion  USD dark global GDP and at least 1% of the 80 trillion light GDP (for PQ = 3 tUSD) the cycle keeps repeating in a larger S-curve on a scale of ca. 10 years.  If the velocity is an historically typical 5, the market cap of XMR should top out in the neighborhood of 600 bn USD, and 1 XMR should be worth about 30k USD2012.

(The reason why BTC is over 4k now is not the size of the BTC economy, but the outsized reserve demand, which implies a much lower velocity of money.)

In the longer run (multiple decades) XMR value should grow with the global economy, so holding it will be like holding the DJ Global Index, in terms of future expectation at any given moment, which should be modulated by some XMR-specific risk factor.


I covet your enthusiasm currently.  I am discouraged by the deflating XMR/BTC status.

Most GOOD Alts have been deflating since BTC is gaining strength  I suspect BTC pump is incoming.. should have sold earlier..   Cry
legendary
Activity: 2268
Merit: 1141
September 30, 2017, 11:04:14 AM
Monerujo - Production Release v1.0 now on Google Play Store - by m2049r

https://www.reddit.com/r/Monero/comments/73atah/update_monerujo_production_release_v10_now_on/


legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
September 30, 2017, 11:02:47 AM
For sure rare 3 months ago  predicted Monero at $100 at end of September. Most thought HW wallet, mobile wallet and multisig will be the triggers.

Awesome call, that was.  Lately I am more focussed on the (easier, on assumptions) longer-term estimation task:

Monero has consistently repriced higher with each positive development, and the number and scope of bullish developments in the pipe is increasing, not decreasing, as the price, hash and community all rise in tandem.  It's the foothills of the exponential phase of adoption here.  After, comes the super-exponential expansion phase, as n log n network effect  kicks in, composed with a FOMO function.  Eventually, the market saturates at a given development level, FOMO dies, and price pulls back, but until XMR denominates at least 10% of the 22 trillion  USD dark global GDP and at least 1% of the 80 trillion light GDP (for PQ = 3 tUSD) the cycle keeps repeating in a larger S-curve on a scale of ca. 10 years.  If the velocity is an historically typical 5, the market cap of XMR should top out in the neighborhood of 600 bn USD, and 1 XMR should be worth about 30k USD2012.

(The reason why BTC is over 4k now is not the size of the BTC economy, but the outsized reserve demand, which implies a much lower velocity of money.)

In the longer run (multiple decades) XMR value should grow with the global economy, so holding it will be like holding the DJ Global Index, in terms of future expectation at any given moment, which should be modulated by some XMR-specific risk factor.


I covet your enthusiasm currently.  I am discouraged by the deflating XMR/BTC status.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
September 30, 2017, 10:44:29 AM
For sure rare 3 months ago  predicted Monero at $100 at end of September. Most thought HW wallet, mobile wallet and multisig will be the triggers.

Awesome call, that was.  Lately I am more focussed on the (easier, on assumptions) longer-term estimation task:

Monero has consistently repriced higher with each positive development, and the number and scope of bullish developments in the pipe is increasing, not decreasing, as the price, hash and community all rise in tandem.  It's the foothills of the exponential phase of adoption here.  After, comes the super-exponential expansion phase, as n log n network effect  kicks in, composed with a FOMO function.  Eventually, the market saturates at a given development level, FOMO dies, and price pulls back, but until XMR denominates at least 10% of the 22 trillion  USD dark global GDP and at least 1% of the 80 trillion light GDP (for PQ = 3 tUSD) the cycle keeps repeating in a larger S-curve on a scale of ca. 10 years.  If the velocity is an historically typical 5, the market cap of XMR should top out in the neighborhood of 600 bn USD, and 1 XMR should be worth about 30k USD2012.

(The reason why BTC is over 4k now is not the size of the BTC economy, but the outsized reserve demand, which implies a much lower velocity of money.)

In the longer run (multiple decades) XMR value should grow with the global economy, so holding it will be like holding the DJ Global Index, in terms of future expectation at any given moment, which should be modulated by some XMR-specific risk factor.
sr. member
Activity: 807
Merit: 423
September 30, 2017, 10:37:03 AM
at time of writing this first Monero mobile wallet just come out of Beta: https://play.google.com/store/apps/details?id=com.m2049r.xmrwallet
I installed that wallet on my phone as soon as I found out about it.  I'm hoping that Monero will become well known and widely used as bitcoin, with onine retailers accepting monero, people trading it for cash, and using monero for all the stuff bitcoin is used for now.
But people are creatures of habit and tend to do as they're told, with a respect for authority that verges on reverence.  Never mind how fast the technology develops, it's going to take a long time for society to evolve.  It may be that some catastrophe happens first.
legendary
Activity: 2744
Merit: 1288
September 30, 2017, 09:18:58 AM
Since I invested in Monero in Bittrex the price has gone down and down still now. And I think this trend is continued for last 3 month. Have anybody the idea when the reversal will come?
Right, 3 months. https://www.worldcoinindex.com/coin/monero Click on 3m and look at the fucking chart.

Ha ha from $41 to $95. When most crypto under preform Bitcoin last 3 months.

For sure rare 3 months ago  predicted Monero at $100 at end of September. Most thought HW wallet, mobile wallet and multisig will be the triggers.



PS: Is funny at time of writing this first Monero mobile wallet just come out of Beta: https://play.google.com/store/apps/details?id=com.m2049r.xmrwallet
full member
Activity: 406
Merit: 105
Chosŏn Minjujuŭi Inmin Konghwaguk
September 30, 2017, 08:40:08 AM
Since I invested in Monero in Bittrex the price has gone down and down still now. And I think this trend is continued for last 3 month. Have anybody the idea when the reversal will come?
Right, 3 months. https://www.worldcoinindex.com/coin/monero Click on 3m and look at the fucking chart.
full member
Activity: 420
Merit: 100
September 30, 2017, 08:38:57 AM
Since I invested in Monero in Bittrex the price has gone down and down still now. And I think this trend is continued for last 3 month. Have anybody the idea when the reversal will come?
full member
Activity: 200
Merit: 114
September 30, 2017, 07:52:13 AM
Is Segwit2X a government/corporate takeover and what could that mean for XMR / the entire cryptospace?

https://www.reddit.com/r/Bitcoin/comments/738b1z/why_segwit2x_would_be_a_government_takeover_of

http://abcnews.go.com/Technology/wireStory/imf-chief-tells-central-bankers-ignore-bitcoin-50176592

Hoping to hear from some of the knowledgable people like aminorex or smooth.


full member
Activity: 308
Merit: 109
September 30, 2017, 07:33:26 AM
The coinhive.com success will increase the risk of the 51% attack. So why should not we start more of these web-mining services? Mining will be decentralized more and there will be less 51% risk.

The Monero community for sure have ability to do this.

I think there are some people already working on it. I agree it is a good idea to encourage those efforts.


Hmm... Sounds good. So you think some people are working on, or do you know some are working on it?

And we need many of these webmining services. So that there for sure is as less centralization as possible. And to let the webminingpool fees to go down. Anyway what kind of a hardware/software/maintenance is needed at the webmining service provider side? If money is needed to start this, it will not be a problem. XMR crowd funding will do it in no time.

Yea. Definetely webmining is good for any coin. Specially as long as there is enough webminingpools to keep it decentralized.
hero member
Activity: 589
Merit: 507
I don't buy nor sell anything here and never will.
September 30, 2017, 07:15:53 AM
Snowden coming out against Monero in favor of ZCash is, to me, just one more nudge towards his whole situation being a "controlled opposition psy-op" entirely from the get-go Sad

It's a shame, really... philosophically/politically I'd prefer to believe that he's the real deal.

But unfortunately that's been looking more and more unlikely as time goes on, the more he opens his mouth... Sad

At first he definitely was the real deal. But imagine his situation: he became known and his opinions started to be perceived as something to listen to. Once this happened surely many different forces have been trying to use his voice for their purposes. Maybe he gave in and took the money, maybe they forced him somehow, maybe they tricked and manipulated him and he truly believes what he is saying. Remember he is still just a human, a fugitive, a guest in quite a horrible (human rights wise) country that he basically cannot even leave (nowhere to go). The point is we don't know what's really going on with him and accusing him of bad intentions doesn't seem fair to me.
legendary
Activity: 981
Merit: 1005
No maps for these territories
September 30, 2017, 07:00:43 AM
Snowden coming out against Monero in favor of ZCash is, to me, just one more nudge towards his whole situation being a "controlled opposition psy-op" entirely from the get-go Sad

It's a shame, really... philosophically/politically I'd prefer to believe that he's the real deal.

But unfortunately that's been looking more and more unlikely as time goes on, the more he opens his mouth... Sad

Yeah, Snowden is 100% a controlled disidence agent. He keeps working for the NSA. Only blind poeple fail to see that since the very beginning
legendary
Activity: 2968
Merit: 1198
September 30, 2017, 05:21:50 AM
The coinhive.com success will increase the risk of the 51% attack. So why should not we start more of these web-mining services? Mining will be decentralized more and there will be less 51% risk.

The Monero community for sure have ability to do this.

I think there are some people already working on it. I agree it is a good idea to encourage those efforts.
full member
Activity: 308
Merit: 109
September 30, 2017, 04:45:28 AM
The coinhive.com success will increase the risk of the 51% attack. So why should not we start more of these web-mining services? Mining will be decentralized more and there will be less 51% risk.

The Monero community for sure have ability to do this.
sr. member
Activity: 1722
Merit: 252
September 29, 2017, 11:07:38 PM
I know monero about a year ago and now I got a lot of profit, many of the issues that say monero will skyrocket at the end of this year, and this is a good opportunity to immediately to invest.
hero member
Activity: 608
Merit: 509
September 29, 2017, 10:35:02 PM

The growing awareness and use of Coinhive will be the catalyst...


Also wanted to say I finally got around to taking a look at Coinhive tonight, and OMG it was idiot-simple to set up a basic banner-ad type control to offer XMR mining to a website visitor on a simple basic web page.

Took me all of about 15 minutes to read instructions, copy&paste code, test, tweak a bit and upload to a web host... and it appears to work great! Allows the user to start and stop mining and raise or lower the CPU load very easily: really very slick.

Now, bearing in mind I couldn't code my way out of a wet paper bag... LOL if someone like me can use this? Knowing *only* the most basic, simple HTML at all?

This thing really COULD be on track to something HUUUGGE....  Shocked
legendary
Activity: 2604
Merit: 1748
September 29, 2017, 04:58:06 PM

Prediction: Monero's price will double in the next two weeks. The growing awareness and use of Coinhive will be the catalyst...


Wow, yeah I hope so... that'd be great Smiley

I suppose at least the "competition conversation" has evolved 'up' to a slightly better candidate lately, i.e. XMR not being compared to Dash(LOL) as much now the media's moved on, trying to compare to ZCash.

But, only slightly, LOL. 

Srsly both suck for totally different reasons Tongue

Comparison and imitation is respect.

Monero is now the gold standard, the one to beat. These coins seek to argue they are 'better' than Monero, because they are threatened.  Ergo, we are the leading private (and therefore fungible) crypto.
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