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Topic: [XMR] Monero Speculation - page 557. (Read 3314316 times)

member
Activity: 100
Merit: 11
September 20, 2017, 03:00:24 AM
I say 0,06125 by December 18.2017  Shocked Grin

Pfft, you gotta be a bit more ridiculous with your speculation like people in this thread.

Like 0.07 by the end of september (10 days!) Cheesy
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
September 20, 2017, 12:17:20 AM
I say 0,06125 by December 18.2017  Shocked Grin
full member
Activity: 201
Merit: 100
September 20, 2017, 12:07:51 AM
Is it too soon to start speculation on this??  "This is a major coup, as these are merchants who currently do not accept any type of cryptocurrency. Their target demographic is extremely broad, but largely consists of younger people who are smartphone-entrenched, but aren't necessarily technical."

So on one hand you can say merchants like PayPal or Square.  But if you keep thinking about younger audiences perhaps something like Tinder or Snapchat would make sense. 

IMO, Pornhub.

They would certainly want to offer their users privacy.  And their users would want it.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
September 19, 2017, 11:04:38 PM

I read some other rumours by McAfee who has spoken with Jihan Wu: https://www.cryptocoinsnews.com/john-mcafee-china-bitcoin-ban-will-not-extend-mining/

Honestly I guess it would not be that bad if China would lose influence on crypto and BCH would disappear. I can imagine worse things. Cheesy
But I think in the end China will stay in the crypto business.

So if I were the type to be a bit paranoid I would go about 51% ing BTC how? Hmm, nah. china would never do such a thing with all that un-seized mining equipment and all those Exchange executives that cannot leave the country. LOL, this space is never boring. Smiley
hero member
Activity: 493
Merit: 551
September 19, 2017, 10:53:23 PM

I read some other rumours by McAfee who has spoken with Jihan Wu: https://www.cryptocoinsnews.com/john-mcafee-china-bitcoin-ban-will-not-extend-mining/

Honestly I guess it would not be that bad if China would lose influence on crypto and BCH would disappear. I can imagine worse things. Cheesy
But I think in the end China will stay in the crypto business.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
hero member
Activity: 493
Merit: 551
September 19, 2017, 10:42:31 PM
Fluffy said that some items offered by the merchants would only be purchasable with XMR.
hero member
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September 19, 2017, 10:35:02 PM
Chat apps like Viber, Line or WhatsApp make the most sense I'd think.

Of course there's also Venmo.

Edit: Don't forget games with in-app purchases Grin
full member
Activity: 149
Merit: 100
September 19, 2017, 08:27:26 PM
Is it too soon to start speculation on this??  "This is a major coup, as these are merchants who currently do not accept any type of cryptocurrency. Their target demographic is extremely broad, but largely consists of younger people who are smartphone-entrenched, but aren't necessarily technical."

So on one hand you can say merchants like PayPal or Square.  But if you keep thinking about younger audiences perhaps something like Tinder or Snapchat would make sense. 
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
September 19, 2017, 06:46:20 PM

...

Well a FFS was just funded for a person that has been giving presentations all throughout Europe.  BTW this was the 3rd FFS that was funded all for relatively small amounts.

There is quite a bit going on in Monero but you won't know about it if you are only on bct

So where can we get a list of these places? AFA reddit goes I just cannot follow the conversations there with the posts all jumbled up. XMR started here and the main thread should be updated with all these developments you speak of. dEBRUYNE does a great job of dropping things like software updates and crowdfunding requests but the "quite a bit going on" should at least be linked in the main thread.


My critique may or may not be deserved in this case.  Not everybody has the time and or motivation to keep up on all the news.

As you note, dEBRUYNE does and excellent job at providing relevant info and links.  Just go to the places he is at  Cool  From there you can end up where all the info is, as if it was all connected by a web.

Some like yourself will not or don't like to go to certain places (maybe reddit)

Links?  I only have a few hundred pages and sites linked in my Monero favorites folder.

https://i.imgur.com/6AaXWZZ.png  << most people still think btc is anonymous, a poll that just concluded

http://ibb.co/b8XaEQ  << I guess they don't look past the headlines

at least Monero is #2  for whatever that poll is truly worth


A very good site that tries to collect info and links  >>  https://www.monero.how/
a very webby site ^^

EDIT: now idea why that site is not being directly linked

True, I have far too many links to check them all and I'm adding that one to my list! Cheesy

AFA people not linking it more, I'd say that most people are afraid to goto links not placed by reputable members or ones that are directly from an official Monero site. There are far to many scam and dangerous sites a few of which hide as Monero sites so it is better safe than sorry. Monero has had more than it's share of scam sites using it's name.

This is sort of a list at the site you linked

https://www.monero.how/sites-with-poor-reputation

But there are others and the link to Gingers list no longer points to Gingers list if it even exists anymore.

legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
September 19, 2017, 06:13:20 PM

Anyone here who has any idea what the xmr price is doing?

It kinda looks bullish and bearish all at once.

Yes Monero is doing

A riddle wrapped in an enigma, eh?

Well, I'll figure it out one day and retort when you least expect it!
legendary
Activity: 1624
Merit: 1008
September 19, 2017, 05:59:18 PM

Anyone here who has any idea what the xmr price is doing?

It kinda looks bullish and bearish all at once.

Yes Monero is doing
legendary
Activity: 1624
Merit: 1008
September 19, 2017, 05:51:04 PM

...

Well a FFS was just funded for a person that has been giving presentations all throughout Europe.  BTW this was the 3rd FFS that was funded all for relatively small amounts.

There is quite a bit going on in Monero but you won't know about it if you are only on bct

So where can we get a list of these places? AFA reddit goes I just cannot follow the conversations there with the posts all jumbled up. XMR started here and the main thread should be updated with all these developments you speak of. dEBRUYNE does a great job of dropping things like software updates and crowdfunding requests but the "quite a bit going on" should at least be linked in the main thread.


My critique may or may not be deserved in this case.  Not everybody has the time and or motivation to keep up on all the news.

As you note, dEBRUYNE does and excellent job at providing relevant info and links.  Just go to the places he is at  Cool  From there you can end up where all the info is, as if it was all connected by a web.

Some like yourself will not or don't like to go to certain places (maybe reddit)

Links?  I only have a few hundred pages and sites linked in my Monero favorites folder.

https://i.imgur.com/6AaXWZZ.png  << most people still think btc is anonymous, a poll that just concluded

http://ibb.co/b8XaEQ  << I guess they don't look past the headlines

at least Monero is #2  for whatever that poll is truly worth


A very good site that tries to collect info and links  >>  https://www.monero.how/
a very webby site ^^

EDIT: now idea why that site is not being directly linked
member
Activity: 71
Merit: 10
Twitter: @AndreTeaPanda
September 19, 2017, 05:28:52 PM
Just wanted to drop by to say that this one of the projects that I am pretty much sure that will still be around in 20 years
sr. member
Activity: 476
Merit: 250
September 19, 2017, 04:38:50 PM
I times of government interventions and regulations we can expect XMR to rise imho. My personal targets for this year or early 2018 are as follows:

BTC pair: 0.1 BTC
FIAT pair: 300 USD
full member
Activity: 176
Merit: 108
September 19, 2017, 04:17:42 PM
In the grand scheme of things -- despite this particular FFS proposal being so much larger than usual -- a single "marketing project" with a budget of about $1 Million, being undertaken for a "company" with a $1.5 Billion market cap, is actually very normal. TINY even.

It probably costs most Silicon Valley "Unicorns" more for just a decent booth at a week-long trade show.

The proposal is more than half funded already, looks like high probability it'll go thru. So yah there are "risks" but IMHO let's just all get behind this, try to be positive, and PUSH together for a good outcome!



Yes, and no one of us needs to shoulder a big chunk of it. Just a few moneronis from each of us hodlers that we can afford should suffice (especially if holding from the $10 days or earlier). I mean some guy donated 900 xmr's! but he's an exception...
hero member
Activity: 608
Merit: 509
September 19, 2017, 03:51:53 PM
In the grand scheme of things -- despite this particular FFS proposal being so much larger than usual -- a single "marketing project" with a budget of about $1 Million, being undertaken for a "company" with a $1.5 Billion market cap, is actually very normal. TINY even.

It probably costs most Silicon Valley "Unicorns" more for just a decent booth at a week-long trade show.

The proposal is more than half funded already, looks like high probability it'll go thru. So yah there are "risks" but IMHO let's just all get behind this, try to be positive, and PUSH together for a good outcome!

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
September 19, 2017, 03:47:52 PM
There are a million ways the money being asked for by one of Monero's core devs to help fund an initiative for a company he owns (in part?) would not show a ROI for the Monero community.  item a) above is certainly one.  Or if development starts and then stops.  Or if the community perceives the mystery partner to be much less exciting than what we are seeing pitched.  Or something goes south in the relationship between any of the 3+ actors involved.

In this case it is not just the ~450k USD at stake, but the reputation of the project to some extent.  

I might be perceived as a naysayer, which I am not... not that I really care how I am perceived, but I do think it is both a very exciting sounding possibility for this project, but I also see it as a risk as well...

I think it is worth considering the risk factors.

I concur


You're right - it is both risky and exciting.

What is curious is that FP must have weighed this issue. Whatever other criticisms people may have of him, I believe he's always put the interests of Monero first (at least insofar as he sees them) and has never tried to pump it. As we know, his mantra has always been 'use it, don't invest in it'. In that sense, the Globee project aligns well with this - it's purpose is to enable Monero to be used as a currency. Outside of the DNM's this would be the first major commercial use-case for Monero.

That said, he has quite clearly nailed his colors to the profit mast here - his 'sell' to the community is that Monero will go up in value should this enterprise succeed. That's a risky claim to infer and one he has never made before.

At any rate I suspect in future we may see a lot less of the old laid-back, t-shirted "I'm a scammer" Fluffy Pony and more of the serious, besuited Riccardo Spagni. Plus ça change.

and agree with both assessments. Smiley

We should have alot to talk about soon. Cheesy
sr. member
Activity: 327
Merit: 252
September 19, 2017, 03:43:09 PM

By what measure, would you say, could it be deemed a failure?

Assuming that the funds are generated and that the project goes ahead i.e. that these global companies offer Monero as a currency, I think that would, in a big way, be a success. Whether profits are ever generated sufficient to either recoup Globee's investment and/or the Monero community, is another matter. From a purely trading point of view, I think such an arrangement (depending, of course, on just how big and 'global' these companies truly are) would generate tremendous publicity and speculative pumping.

I think the danger(s) might well be:

a)The project never gets off the ground despite raising sufficient monies
b)The companies involved generate little excitement among users
c)FP's reputation (and therefore, to a degree, Monero's) is compromised by his wearing two hats which might be in conflict with each other.

There are a million ways the money being asked for by one of Monero's core devs to help fund an initiative for a company he owns (in part?) would not show a ROI for the Monero community.  item a) above is certainly one.  Or if development starts and then stops.  Or if the community perceives the mystery partner to be much less exciting than what we are seeing pitched.  Or something goes south in the relationship between any of the 3+ actors involved.

In this case it is not just the ~450k USD at stake, but the reputation of the project to some extent.  

I might be perceived as a naysayer, which I am not... not that I really care how I am perceived, but I do think it is both a very exciting sounding possibility for this project, but I also see it as a risk as well...

I think it is worth considering the risk factors.

You're right - it is both risky and exciting.

What is curious is that FP must have weighed this issue. Whatever other criticisms people may have of him, I believe he's always put the interests of Monero first (at least insofar as he sees them) and has never tried to pump it. As we know, his mantra has always been 'use it, don't invest in it'. In that sense, the Globee project aligns well with this - it's purpose is to enable Monero to be used as a currency. Outside of the DNM's this would be the first major commercial use-case for Monero.

That said, he has quite clearly nailed his colors to the profit mast here - his 'sell' to the community is that Monero will go up in value should this enterprise succeed. That's a risky claim to infer and one he has never made before.

At any rate I suspect in future we may see a lot less of the old laid-back, t-shirted "I'm a scammer" Fluffy Pony and more of the serious, besuited Riccardo Spagni. Plus ça change.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
September 19, 2017, 03:00:03 PM

By what measure, would you say, could it be deemed a failure?

Assuming that the funds are generated and that the project goes ahead i.e. that these global companies offer Monero as a currency, I think that would, in a big way, be a success. Whether profits are ever generated sufficient to either recoup Globee's investment and/or the Monero community, is another matter. From a purely trading point of view, I think such an arrangement (depending, of course, on just how big and 'global' these companies truly are) would generate tremendous publicity and speculative pumping.

I think the danger(s) might well be:

a)The project never gets off the ground despite raising sufficient monies
b)The companies involved generate little excitement among users
c)FP's reputation (and therefore, to a degree, Monero's) is compromised by his wearing two hats which might be in conflict with each other.

There are a million ways the money being asked for by one of Monero's core devs to help fund an initiative for a company he owns (in part?) would not show a ROI for the Monero community.  item a) above is certainly one.  Or if development starts and then stops.  Or if the community perceives the mystery partner to be much less exciting than what we are seeing pitched.  Or something goes south in the relationship between any of the 3+ actors involved.

In this case it is not just the ~450k USD at stake, but the reputation of the project to some extent.  

I might be perceived as a naysayer, which I am not... not that I really care how I am perceived, but I do think it is both a very exciting sounding possibility for this project, but I also see it as a risk as well...

I think it is worth considering the risk factors.
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