Author

Topic: [XMR] Monero Speculation - page 560. (Read 3314316 times)

full member
Activity: 406
Merit: 105
Chosŏn Minjujuŭi Inmin Konghwaguk
September 18, 2017, 04:18:14 PM
You know that fluffypony is running globee? https://globee.com/about

Interesting... Why didn't he just fund it himself then? Tongue

Better yet why wont he just buy all monero to make us all rich.
legendary
Activity: 3570
Merit: 1959
September 18, 2017, 04:16:44 PM
You know that fluffypony is running globee? https://globee.com/about

Interesting... Why didn't he just fund it himself then? Tongue
hero member
Activity: 768
Merit: 505
September 18, 2017, 04:08:17 PM

WTF is an FSS
!!!!?Huh
Who wrote that announcement?  In the real world, people don't speak your private language.

Sheesh.

Funding Support System i guess but I think you mean FFS which would be Fee For Service in this context I would say, or what explorer said.

Edit: I hope these funds will be released upon some type of verifiable milestone timeline as it looks to me like this is just a husband and wife team running Globee.


 




You know that fluffypony is running globee? https://globee.com/about
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
September 18, 2017, 03:11:13 PM

WTF is an FSS
!!!!?Huh
Who wrote that announcement?  In the real world, people don't speak your private language.

Sheesh.

Funding Support System i guess but I think you mean FFS which would be Fee For Service in this context I would say, or what explorer said.

Edit: I hope these funds will be released upon some type of verifiable milestone timeline as it looks to me like this is just a husband and wife team running Globee.


 

full member
Activity: 406
Merit: 105
Chosŏn Minjujuŭi Inmin Konghwaguk
September 18, 2017, 02:55:46 PM

Can someone please explain to me, why at all such a proposal should be funded?


Everyone is free to do with their money whatever it please them. He can donate to found this proposal or ignore it. It is their money. Solely for them to decide what to do with it. This is beauty of real crypto as it is Monero.

As I understand if this project will be successful. 4500 XMR collected here will eventually return to the Monero developers found. Plus, there will be plenty other positive points. But to list them is way better to wait a year.

Already raised 43.70% in 10 hours! That's fucking amazing, I never would have thought. The monero community rocks!
legendary
Activity: 2744
Merit: 1288
September 18, 2017, 02:52:55 PM

Can someone please explain to me, why at all such a proposal should be funded?


Everyone is free to do with their money whatever it please them. He can donate to found this proposal or ignore it. It is their money. Solely for them to decide what to do with it. This is beauty of real crypto as it is Monero.

As I understand if this project will be successful. 4500 XMR collected here will eventually return to the Monero developers found. Plus, there will be plenty other positive points. But to list them is way better to wait a year.
full member
Activity: 378
Merit: 105
Active forum member, A+ poster, PM good sign camp.
September 18, 2017, 02:28:13 PM
I think XMR Monero will get huge after a couple of years, the reason is because I think the majority of people invested and heard about bitcoin have mostly negative views on it, that is also true because of the fact that we will get forkes over and over again because some greedy people want more money and power, Monero is fully anonymous and also the transaction is faster than bitcoin, so in future I think it will be much bigger.
hero member
Activity: 768
Merit: 505
September 18, 2017, 02:24:55 PM
What I don't understand about the Globee funding proposal is as follows:

Globee is a for-profit company that is accepting donations to implement its payment processing system.
Globee is putting up half of the capital and asking for the remaining 50% to be donated by the Monero community.
Per the proposal, Globee is going to recover their full investment first.
After Globee has recovered their 4500 XMR investment, subsequent recovery will be split 50/50 between the Monero community (redeposited into general donation fund) and Globee for the next 9000 XMR.
All further commissions that Globee attains will solely be profit for the company.

So, Globee takes an equal risk to the Monero community, but their risk is mitigated first (their 4500 XMR is recovered first). Furthermore, they make potentially a significant return on investment, whereas the Monero community donators do not achieve that benefit at all.

Can someone please explain to me, why at all such a proposal should be funded?


The monero donators will get a full-time contributor to the project that already is working for monero for a long time but was paid out of rics pocket till now. And if its a success the money back @ a likely higher price in the future if this things helps to the success, marketing and value of Monero
legendary
Activity: 2016
Merit: 1259
September 18, 2017, 02:18:06 PM

WTF is an FSS
!!!!?Huh
Who wrote that announcement?  In the real world, people don't speak your private language.

Sheesh.

Faster to type it in Google than your way (I typed monero ffs and clicked the first choice, less than 10 seconds)

But for the lazy and uninitiated it is FORUM FUNDING SYSTEM.  

Ffs.
jr. member
Activity: 34
Merit: 2
September 18, 2017, 02:11:49 PM
I have never been so bullish on XMR like now.

  • Look at the reddit community, we have nearly 26k subscribers, 2500 online sometimes. Growing so fast.
  • Future technological upgrades and research from Monero lab are simply huge: I2P Kovri, Multisig, Lightwallets, RuffCT, maybe Zidechains and pruning
  • Real world integration with Fluffyponies FFS into market places which will present XMR to millions of users

Gentlemen, Monero is a highly active, undervalued project.
Add the decreasing emission to this and we will see prices around 500 USD not very far from now.
Agree with you. Right now mining monero and don't sell them till New year.
legendary
Activity: 2604
Merit: 1748
September 18, 2017, 01:57:05 PM
What I don't understand about the Globee funding proposal is as follows:

Globee is a for-profit company that is accepting donations to implement its payment processing system.
Globee is putting up half of the capital and asking for the remaining 50% to be donated by the Monero community.
Per the proposal, Globee is going to recover their full investment first.
After Globee has recovered their 4500 XMR investment, subsequent recovery will be split 50/50 between the Monero community (redeposited into general donation fund) and Globee for the next 9000 XMR.
All further commissions that Globee attains will solely be profit for the company.

So, Globee takes an equal risk to the Monero community, but their risk is mitigated first (their 4500 XMR is recovered first). Furthermore, they make potentially a significant return on investment, whereas the Monero community donators do not achieve that benefit at all.

Can someone please explain to me, why at all such a proposal should be funded?


Because it will benefit ALL hodlers of Monero if it goes ahead.

Logic says a small proportion of your stash to improve hugely the value of the rest is in everyone's interest. So far this has been Monero's strength - that is, its community is prepared to back it, with no premine etc. it is entirely voluntarily funded. 

This is part of why Monero is so admired.
sr. member
Activity: 807
Merit: 423
September 18, 2017, 12:54:24 PM

WTF is an FSS
!!!!?Huh
Who wrote that announcement?  In the real world, people don't speak your private language.

Sheesh.
newbie
Activity: 7
Merit: 0
September 18, 2017, 12:47:16 PM
What I don't understand about the Globee funding proposal is as follows:

Globee is a for-profit company that is accepting donations to implement its payment processing system.
Globee is putting up half of the capital and asking for the remaining 50% to be donated by the Monero community.
Per the proposal, Globee is going to recover their full investment first.
After Globee has recovered their 4500 XMR investment, subsequent recovery will be split 50/50 between the Monero community (redeposited into general donation fund) and Globee for the next 9000 XMR.
All further commissions that Globee attains will solely be profit for the company.

So, Globee takes an equal risk to the Monero community, but their risk is mitigated first (their 4500 XMR is recovered first). Furthermore, they make potentially a significant return on investment, whereas the Monero community donators do not achieve that benefit at all.

Can someone please explain to me, why at all such a proposal should be funded?
legendary
Activity: 2744
Merit: 1288
September 18, 2017, 12:12:37 PM

So my first question is... can we really expect another 2-3 year bear?  It just seems so unlikely considering the momentum we now see... 


Not at all. Can be 6 months maybe even less. It happened same in 2013. bear period after first bubble was short.  But we need not to forget that longer time we are in bear trend, stronger Bull trend will be.  So if lets says bear trend started now and will end in half year, I dont really expect next bubble could reach $20k.

Monero is the only cryptocurrency I see use besides bitcoin. Future looks bright.

if I correctly understand, then monero is the most anonymous crypto currency at the moment? Or is there still?

Monero is and was most anonymous crypto of all from first day of existence. Only moment that ZCash come head to head with Monero was ZCash launch. But that ended few months latter. I dont really know exactly how long right now. Until the first Monero hardfork after the ZCash launch.  Even is we forget that ZCash is a centralized company and trusted setup was needed to launch it.
full member
Activity: 176
Merit: 108
September 18, 2017, 10:56:40 AM
I have never been so bullish on XMR like now.

  • Look at the reddit community, we have nearly 26k subscribers, 2500 online sometimes. Growing so fast.
  • Future technological upgrades and research from Monero lab are simply huge: I2P Kovri, Multisig, Lightwallets, RuffCT, maybe Zidechains and pruning
  • Real world integration with Fluffyponies FFS into market places which will present XMR to millions of users

Gentlemen, Monero is a highly active, undervalued project.
Add the decreasing emission to this and we will see prices around 500 USD not very far from now.

To borrow from a nice post I saved (and updated couple items) from reddit (Thanks JohnAlan):

Tech

RuffCT (alternative RingCT2.0): https://monerobase.com/wiki/DevMeeting_2017-08-20

Multi-sig in coming release: https://monerobase.com/wiki/DevMeeting_2017-08-20

Hydra-Helium released smoothly: https://getmonero.org/2017/09/07/monero-0.11.0.0-released.html

Kovri progress: https://www.reddit.com/r/Monero/comments/6u6grc/96boardsorg_openhours_showcase_for_monero_kovri/

mobile wallets (iOS & Android): https://monerobase.com/wiki/DevMeeting_2017-08-20
https://www.reddit.com/r/Monero/comments/70a3ba/after_a_long_wait_monero_light_and_hardware/

Nano ledger: https://www.reddit.com/r/Monero/comments/6thv8j/ledger_hardware_wallet_monero_integration/

Coinomi: https://twitter.com/CoinomiWallet/status/887479515492044800

Hashrate: https://www.coinwarz.com/network-hashrate-charts/monero-network-hashrate-chart

Emission schedule is curving sharply this year: http://imgur.com/a/De0G2

Exchanges Bitthumb (Korean exchange) buyUcoin (Indian exchange)

PR/Media/Exposure Max Keiser show: https://www.youtube.com/watch?v=jUOq70Wn1q4

Reddit subscribers: http://redditmetrics.com/r/ Monero

News articles about hackers laundering in XMR: http://www.newsbtc.com/2017/08/04/wannacry-bitcoin-proceeds-converted-monero-shapeshift-platform/

FBI not able to determine number of coins: https://bitcointalksearch.org/topic/and-an-unknown-amount-of-monero-2037552

Google trends: https://trends.google.com/trends/explore?date=today%205-y&q=monero

Models tweeting about XMR (lol): https://www.reddit.com/r/Monero/comments/6u6zdz/model_kati_zachary_tweets_about_monero_says_its/

hero member
Activity: 493
Merit: 551
September 18, 2017, 10:34:55 AM
I have never been so bullish on XMR like now.

  • Look at the reddit community, we have nearly 26k subscribers, 2500 online sometimes. Growing so fast.
  • Future technological upgrades and research from Monero lab are simply huge: I2P Kovri, Multisig, Lightwallets, RuffCT, maybe Zidechains and pruning
  • Real world integration with Fluffyponies FFS into market places which will present XMR to millions of users

Gentlemen, Monero is a highly active, undervalued project.
Add the decreasing emission to this and we will see prices around 500 USD not very far from now.
full member
Activity: 121
Merit: 100
September 18, 2017, 10:31:09 AM
This reeks of pseudo ICO fuckery. Guy makes a video then says don't trust him or anything you read on the internet then a couple months later he wants half a million dollars because reasons 'n stuff.



Tongue
full member
Activity: 161
Merit: 100
<3 Crypto
September 18, 2017, 10:23:29 AM
Please contribute to this FFS as much XMR as you can afford as donation.
Even if it is 1 XMR, if all of us contribute something we can reach this goal.

Donation? How come we don't get some love back from the fees this FFS will collect?

Exactly.  Or the noun would be "Investment".  I would think the idea here would be that if the project is successful this would increase the value of the cryptocurrency enough to be a sort of compensation.

But that brings up the real concern.  We are in the big leagues with this money wise.  Well... at least the minors.  If the deal goes south it's going to have the opposite effect.  Wonder what the plan is for contingencies.

I hope it will be still stable at 0.025 BTC when this deal goes south.
I believe this is just an opportunity at the moment.
full member
Activity: 161
Merit: 100
<3 Crypto
September 18, 2017, 10:21:01 AM

This maybe the reason, someone just panic bought XMR to 0.027 at Kraken.   Wink
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
September 18, 2017, 10:04:34 AM
Please contribute to this FFS as much XMR as you can afford as donation.
Even if it is 1 XMR, if all of us contribute something we can reach this goal.

Donation? How come we don't get some love back from the fees this FFS will collect?

Exactly.  Or the noun would be "Investment".  I would think the idea here would be that if the project is successful this would increase the value of the cryptocurrency enough to be a sort of compensation.

But that brings up the real concern.  We are in the big leagues with this money wise.  Well... at least the minors.  If the deal goes south it's going to have the opposite effect.  Wonder what the plan is for contingencies.
Jump to: