Topic: [XMR] Monero Speculation - page 73. (Read 3313076 times)

Hex officially passed moneros marketcap: https://nomics.com/  I mention it on here because this shit was free to claim if you owned bitcoin back nn december 2nd and over $3billion worth of bitcoin signed a message with their address to freeclaim.

Don't get me wrong i still think monero is solid but hex has gained me so fucking much this year instead of the measly monero gains.

Some people just like living with regrets.  Still don't get it when I read idiotic comments like this from people who have been lurking around since single digit prices.


Agreed.  I've sent myself an email reminder for December 31, 2029 to see if we're right.  I feel like stashing away a bottle of Barolo right now...

Have you ever wanted to sponsor students going to school to focus their education around cryptocurrency and blockchain technology?

Have you ever had Bitcoin or Bitcoin Cash that you wanted to donate to a 501c3 non-profit to get it off of your balance sheet?

Check out https://www.magicgrants.org/ which is a non-profit that distributes scholarships to undergraduates who express an interest in cryptocurrency. No, we don't accept Monero (yet). But, if you have Bitcoin or Bitcoin Cash this is a noble way to separate yourself from it while supporting college students that are interested in cryptocurrency.

   So it's all over.  The ATH is well above any chance of a new ATH.  Ever.  Might as well shut down development.  A lot of people putting a LOT of effort into something that will never succeed.  Too bad, things were looking good.  Clearly we are all better off trading for BTC here and now for ~0.01 BTC/XMR.   Oh.  You first. 

They need to buy OTC. You will hard find any OTC where you dont need to KYC. But it is the only way to buy big amounts without moving market drastically.



Ever? Really? I am totally positive Monero will be worth $10k in this decade. Not consider USD inflation. Lets say I am positive that Monero will be worth 5 oz of Gold in this decade.

Cool. I'll suggest he look into it but if he can wait however long, atomic swap would be a nice option (!). But I have told him his old bitcoin should be nice and "untainted". He wants to buy something big with it, like a house, but not have it tracked back to his old wallet. It's not really my problem, lol, so I haven't researched it very hard.

You can trade crypto-to-crypto on Bitfinex without kyc.  Your friend will need to use a vpn if he's in the U.S. to make it look like he's not.

I think in that case the atomic swap market price will go up until supply/demand match. There will be a premium over regular exchanges.

Edit: the original swap will fail with both sides retaining their coins.

Sounds similar to institutional investors that want to buy some stocks without drawing too much attention too early. You do it little by little over weeks or even months.

^ https://ccs.getmonero.org/proposals/h4sh3d-atomic-swap-implementation.html

What I don’t understand is what happens if someone wants to swap let’s say100 BTC in Monero, but no one else puts up 100 BTC worth of Monero to swap... where does it swap then? And does that Bitcoin just end up being locked until the swap is terminated?

Wow, I hadn’t thought about that use case yet. There could be a second market with a way higher XMR/BTC rate swapping for potentially dirty bitcoins.

Especially whales who have been forced to keep funds frozen in their wallet to avoid detection.
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That's funny and true. I know a guy who apparently has hundreds of bitcoins looking to get into monero without raising attention to his old wallet! He's already converted several btc but he wants to exchange much more. I'm not really sure his best course of action...?

Emission is already below Bitcoin’s and the deficit is only going to increase over the short term. With atomic swaps coming soon^tm and a steep learning curve for properly using coinjoin, I think you may be underestimating the demand for a truly private/fungible currency. Especially whales who have been forced to keep funds frozen in their wallet to avoid detection.

I agree, though I think there are too many weak hands to ever see Monero > 1KUSD.

Though I think we will probably see XMR/BTC at 0.008 with BTC at 50K some day, so say 400usd for XMR.

FWIW I've held from 7usd to 480usd and back.

Both Monero and Bitcoin are destined to go up this and most likely whole next year. Swings down as Monero had last two days will for sure happen but general trend will be up. I dont see any other way. Number of transactions will be by far highest in October, no matter the protocol upgrade bad two days. Emission inflation is at 1.58%. That is just like Gold. Everything under $200 for all year high does not sound nice.   

That's right Monero!  Don't let all that attention your big brother is getting slow you down too much!



@kurious I was thinking last week that XMR could be setting up for an EPIC cup and handle...  -EDIT- in fact if it hangs out around 10 for a while which seems very possible cosidering everything it's gonna draw a pretty nice one.  We should be on the lookout to the push back up to 11.  That would be the cue!

History repeats itself, predicitions are based on emphirical history and Monero will allign to that 

I used to say 'honeypony don't give a fuck' but in all honesty Monero has a sort of history of blowing up at an opportune time.

It did have some seasonal bursts or ebbs and flows for a while, but from mid-2016 it really ripped up - at one point it had clocked up an annual growth of 2,600%.

It reached its peak in dollar terms IIRC after Bitcoin had peaked, in spring 2018.

So it pre-dated Bitcoin's massive run then... and it does look like a similar pattern now.  We have no idea if it would have done it in 2013, as it didn't exist back then, but the last big run was huge and looking at its aftermath up to now, I have been wondering too.

Looking at the 2018 decline, post the 2016/2017 explosion, it just looks like a huge curved bowl, or perhaps (dare I say) a cup.  It is obvious Monero has been on the rise, but possibly this is just a continuation of the cup shape and we are - so far- only in the early stages of completion.

Hopium, or plausible?  It's early to say, but the signs as you point out are there.

There is no four-yearly halving in Monero's code, but it may just be it does react to Bitcoin's cycle in a rather wonderful way.  Gaining against Bitcoin when Bitcoin is gaining against fiat is a seriously wonderful thing.

It can be argued that Monero looks like it wants to do it again - and (again) wants to get started early...

They say history doesn't repeat itself, but....

You know what I have been pinging around in my noggin, though it's baseless and does not really make sense.

Why did XMR prophesy bitcoin's breakout. I mean it could be a coincidence.  Probably is really...  But I am just trying to think... why could it be, and why now.

I mean even in a more general sense... why did XMR have such a nice parabolic run.

Hmm.