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Topic: [XMR] Monero Speculation - page 76. (Read 3313076 times)

legendary
Activity: 2016
Merit: 1259
October 17, 2020, 03:40:23 PM
Hash rate has returned to earth, looks like it started dropping for the weekend.  Interesting to see if it is restored Monday morning.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
October 17, 2020, 10:14:03 AM
Monero and Ethereum are the two best investments for this next bull run. They will both heavily outperform bitcoin.


Monero is what people used to think bitcoin was, a private currency with cheap fees.

Bitcoin has become quite hilarious, lightning is so shit and look at how much more btc is on the ethereum network. Bitcoiners still think high fees are a good thing? ???Idiots like Luke Jr saying blocksize should be smaller. At least ethereum is working on solutions to scaling and lowering fees.

You are only seeing the Bitcoin network as a payments network.  I am of the mind we already have a ton of good payments networks.  Bitcoin is a brand new monetary system, and it is programmable.  If the lightning network does not improve (and i think it is likely to by quite a bit) then something else trust minimized will take it's place.  And all the trust based models (Credit Cards, Cash App, etc) will flourish as they begin to use the bitcoin network at their base.  And they can continue to offer their advantages.  For example reversible payments.  Bitcoin will never do this.  And that is a feature, not a bug. But do we really want a world in which we have no option to pay a little to a trusted third party to be able to protect us from fraud?

People tend to look at Bitcoin in a one or two dimensional light, and proclaim that it is here to save us from all these things we don't really need to be saved from, and they miss so much.

What Bitcoin saves us from is potentially the greatest evil the world has ever seen... and it's not Visa.
newbie
Activity: 1
Merit: 0
October 16, 2020, 06:51:42 PM
Monero and Ethereum are the two best investments for this next bull run. They will both heavily outperform bitcoin.


Monero is what people used to think bitcoin was, a private currency with cheap fees.

Bitcoin has become quite hilarious, lightning is so shit and look at how much more btc is on the ethereum network. Bitcoiners still think high fees are a good thing? ???Idiots like Luke Jr saying blocksize should be smaller. At least ethereum is working on solutions to scaling and lowering fees.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
October 16, 2020, 06:13:31 PM
I hold both but don't mind gambling so am more weighted to Monero and thats because

I believe in our right to privacy
I believe in our codebase
I believe in our developers
and
I believe in our community

What I don't believe in is the average Joe on this planet, I'm not sure the sheep will ever wake up in my lifetime, but I will remain diligent.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
October 16, 2020, 02:24:08 PM
Hodl both. Problem solved.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
October 16, 2020, 02:17:13 PM
Etherium is a thing that continues to have more and more glue poured on top of it.

I wouldn't touch it. But so many crappy projects continue to survive on past their smelly date.

Perhaps we are finally seeing the transcendence of Monero.

Pissed off that BTC people persuaded me I needed to be holding a BTC at 068    *shake fist*




I duuno.  As to things to hold other than Monero, BTC is pretty high on my list. Wink Wink Wink
legendary
Activity: 2702
Merit: 2053
Free spirit
October 16, 2020, 01:47:30 PM
Etherium is a thing that continues to have more and more glue poured on top of it.

I wouldn't touch it. But so many crappy projects continue to survive on past their smelly date.

Perhaps we are finally seeing the transcendence of Monero.

Pissed off that BTC people persuaded me I needed to be holding a BTC at 068    *shake fist*


legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
October 16, 2020, 01:22:51 PM
People don't really know the value of monero. In my opinion, it should be the most valuable altcoin after ethereum, because it is a true anonymous coin. The value of such a coin should not be that small.

You're preaching to the choir n here... but you are dead right.  I think it's utility is higher than Ethereums in reality aside from the fact you can't create a fountain of endless scams with it.

I think the only way this discrepancy is righted is we continue to see the usage go firmly up.  Eventually the value has to catch up.
sr. member
Activity: 1778
Merit: 385
October 16, 2020, 12:36:46 PM
People don't really know the value of monero. In my opinion, it should be the most valuable altcoin after ethereum, because it is a true anonymous coin. The value of such a coin should not be that small.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
October 16, 2020, 10:24:13 AM
Plenty of room for this healthy pullback.  In the long run it is good NOT to go overly parabolic since that is what happens at the TOP. Smiley  I miss 11 though.

legendary
Activity: 2702
Merit: 2053
Free spirit
October 16, 2020, 07:27:56 AM
Bit of healthy profit taking here.

Stil noticing the long tails on the candles.

I think it shows a lot people changing their positions around, opening and closing longs and shorts.

Still feeling good here.

full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
October 15, 2020, 11:12:57 PM
I sold my XMR for 0xMR.

Why would you announce to the world on an open forum that you are a Moron?

Trump does this and is pretty successfully  Grin Grin Grin




Thank's for the Laurels  Cool Grin
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
October 15, 2020, 11:11:55 PM
I think we are in the same phase as in February/March 2016 so you should consider selling some of your stock (10-50%) and wait two months, then you should by back at 30-50% plus
When you have done that, fasten your seat belts, then the ride will be quick and dirty   Roll Eyes Grin Grin Grin

(do not take this as an advice, do your own reading and calculations)

Damn it I need glasses for the fine print!  I sold everything, and now there was just a 6000 xmr buy up to 0.018 on Binance  Cheesy

Just kidding.  I never sell.

 Grin Grin Grin
I sold some, let's see  Roll Eyes Wink
legendary
Activity: 2016
Merit: 1259
October 15, 2020, 07:04:38 PM
I think we are in the same phase as in February/March 2016 so you should consider selling some of your stock (10-50%) and wait two months, then you should by back at 30-50% plus
When you have done that, fasten your seat belts, then the ride will be quick and dirty   Roll Eyes Grin Grin Grin

(do not take this as an advice, do your own reading and calculations)

Damn it I need glasses for the fine print!  I sold everything, and now there was just a 6000 xmr buy up to 0.018 on Binance  Cheesy

Just kidding.  I never sell.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
October 15, 2020, 02:38:41 PM
I sold my XMR for 0xMR.

Why would you announce to the world on an open forum that you are a Moron?

Trump does this and is pretty successfully  Grin Grin Grin


legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
October 15, 2020, 12:40:58 PM
This trend line on the 4H still looks pretty good...

full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
October 15, 2020, 10:16:02 AM
I sold my XMR for 0xMR.

Why would you announce to the world on an open forum that you are a Moron?

Trump does this and is pretty successfully  Grin Grin Grin
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
October 15, 2020, 10:14:35 AM
I think we are in the same phase as in February/March 2016 so you should consider selling some of your stock (10-50%) and wait two months, then you should by back at 30-50% plus
When you have done that, fasten your seat belts, then the ride will be quick and dirty   Roll Eyes Grin Grin Grin

(do not take this as an advice, do your own reading and calculations)
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
October 15, 2020, 10:11:45 AM
I sold my XMR for 0xMR.

Why would you announce to the world on an open forum that you are a Moron?
member
Activity: 116
Merit: 66
October 15, 2020, 03:55:44 AM
This is a veritable shit-ton of hash power coming on.

Is there a chance?   That this hashrate is related to the Chainalysis contract to break Monero?  Serious question... I cannot see how that would be.

Much more likely someone discovered an exploitable hole in some cloud services server farm?  Azure? AWS etc?

Small chance this is new Asics coming on.  Unlikely.

Time will answer the last one, I suppose.

I can confirm it's cloud mining with XMRig. Who's doing it - no idea.
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