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Topic: [XMR] Monero Speculation - page 774. (Read 3314330 times)

hero member
Activity: 608
Merit: 509
April 21, 2017, 09:39:26 AM
Thx Globb0... I should clarify I guess, I'm not a "trader" really only looking to put $ into crypto long-term for "Buy & HODL" strategy basically...

Also I don't really like too many of the so-called 'appcoins' except for really ambitious world-changing type projects like MaidSafe... only really see merit in the pure-currency type coins, to accomplish what Satoshi's overall vision for what BITCOIN is supposed to be (XMR being prime candidate IMHO to be "Bitcoin 2.0" due to actual honest-to-god FUNGIBILITY, for main example).

So, with that said, anyone think Decred as one of the pure currency type projects has a long term shot at something OR it's just another P&D vehicle?

Also are there any other pure currency projects out there I'm missing out on?
legendary
Activity: 2702
Merit: 2053
Free spirit
April 21, 2017, 09:29:25 AM
Turned a little profit from it, but it was a little terrifying also.

I decided to get out in profit,

I followed Monero a long time so I am happy with its fundamentals. Immunised me a bit to the rise and fall it suffers.

In a way if its for a hedge, and when people are saying I'm 80% BTC 20% XMR if that's their full plan, then it seems the more obvious hedge ought to be outside of the crypto space.

(*note: I'm only a project manager not a finance expert)

hero member
Activity: 608
Merit: 509
April 21, 2017, 08:30:22 AM
Hey anyone of y'all "regulars" around here, smart guys what knows a lot more 'bout all this stuff than ME... LOL... think DECRED might be a worthwhile addition to the overall crypto portfolio?

I have not added any new coin in several months and probably don't *really* need to diversify any more than I am already, but just wondering if this one may be worth a small stake... any opinions?
full member
Activity: 154
Merit: 100
April 20, 2017, 08:34:46 PM
Heyhey,

hope you all are hodling well. Lets discuss some fundamental price-driving factors again.
My eyes bleed from technical analysis bullshit (yet to see a rich technical analyst)..

- What are the tx-fees on Monero right now?
- How is the Darknet adoption?
- Are there any hardware-wallets coming in?
- Any progress on scaling?
- Any progress on bitcoin-compatible RPC API?
- How many Monero did the referee get from Real Madrid?

Anyone?



This is far best website with Monero information's, you see there also fees cost and also compared with bitcoin. https://www.monero.how/
You can never know what traders pay with but speculation is that on alphabay  99% is used BTC and 1% is used Monero. It goes par with transactions on Monero and Bitcoin blockchain. 100 vs 1 ( you can again check on website I provide).

About hardware valets is best to ask companies that makes them When they will fell they can make a nice profit they will for sure jump in.

As I know and I am no PRO, Monero can scale no matter on how much transactions happen as long as changes are not sudden.  Where progress will be needed is to reduce blockchain growth. I am sure everyone is aware of it, but is not some super priority since no one expect that Monero will reach par with bitcoin transactions in a year.



Does this website work also?  http://www.praisemonero.org/    Tongue Tongue Tongue Tongue Tongue Tongue Tongue Tongue Tongue Tongue Tongue Tongue Tongue Tongue
legendary
Activity: 2016
Merit: 1259
April 20, 2017, 05:55:01 PM
Quote from: Genesis1337 link=topic=753252.msg18661963#msg18661963
They are still really close right now. I definitely dont see any real competition thought between monero and ethereum classic. Both of them are definitely fighting against fiat, btc, and eth.
Quite honestly, I don’t see Monero fighting much against any currency. Monero seems to stick mainly to the Darknets and those who in need of anonymity (and then of course speculation too).

Everyone needs anonymity.  Most just haven't realized it yet.  When they finally figure it out, look out ...
legendary
Activity: 1806
Merit: 1164
April 20, 2017, 02:13:59 PM
Heyhey,

hope you all are hodling well. Lets discuss some fundamental price-driving factors again.
My eyes bleed from technical analysis bullshit (yet to see a rich technical analyst)..

- What are the tx-fees on Monero right now?
- How is the Darknet adoption?
- Are there any hardware-wallets coming in?
- Any progress on scaling?
- Any progress on bitcoin-compatible RPC API?
- How many Monero did the referee get from Real Madrid?

Anyone?

As far as hardware wallets Trezor mentioned they are only working on getting Trezor 2 to market right now. Ledger has already told the community they have Monero on their public roadmap. They are not even sure though if Nano S can handle Monero yet.
sr. member
Activity: 504
Merit: 250
April 20, 2017, 01:36:27 PM
Quote from: Genesis1337 link=topic=753252.msg18661963#msg18661963
They are still really close right now. I definitely dont see any real competition thought between monero and ethereum classic. Both of them are definitely fighting against fiat, btc, and eth.
Quite honestly, I don’t see Monero fighting much against any currency. Monero seems to stick mainly to the Darknets and those who in need of anonymity (and then of course speculation too).
legendary
Activity: 2968
Merit: 1198
April 20, 2017, 11:41:46 AM
So, yes it's less after the last hard fork, as planned.  But not a lot less unless you manually go in and change defaults I suppose.

Correct. The "Low" setting, with fees of 1/4 of default, incurs a higher risk that the transaction may be delayed or even dropped.

However, presently the transaction volume is low enough that even Low fee transactions fit in blocks easily enough. So it is okay to use "Low" for now, and pay much lower fees. In the future you may want to be more careful if the transaction is urgent.
sr. member
Activity: 594
Merit: 253
April 20, 2017, 11:40:27 AM
From a TA perspective, as this would seem to be the most reasonable move, i guess we won't even get under .016. And if so, you'll need some quick sticky fingers. No advice, just an idea.  Kiss



I hope it won't drop down lower than 0.016 btc. My friend yesterday showed me his charting analysis showing xmr should go down deeper before moving up again. I am happy to poke his head for his wrong TA.

By the way someone tells me how much supply were created after the hardfork?
member
Activity: 106
Merit: 10
April 20, 2017, 10:05:03 AM
From a TA perspective, as this would seem to be the most reasonable move, i guess we won't even get under .016. And if so, you'll need some quick sticky fingers. No advice, just an idea.  Kiss

hero member
Activity: 608
Merit: 509
April 20, 2017, 07:55:47 AM

- What are the tx-fees on Monero right now?


FWIW it's just anecdotal info but I did a bunch of transactions to move coins to long term cold storage just recently.

I used both the latest version of the GUI wallet and moved some XMR out of some MyMonero wallets too.

MyMonero seems to have still a default-ish miner fee of about 0.026 XMR which presently equals about 0.0004 bitcoin

The latest GUI wallet version on defaults seems to have miner fee of about 0.017 or 0.016-ish, presently equals about 0.0003 bitcoin

So, yes it's less after the last hard fork, as planned.  But not a lot less unless you manually go in and change defaults I suppose.

But IAC the fees in Monero are at a level that should be 'normal' for bitcoin IF bitcoin was working the way it used to (i.e. reasonable fee being 0.0001 or 0.0002)
legendary
Activity: 2744
Merit: 1288
April 20, 2017, 07:41:21 AM
Heyhey,

hope you all are hodling well. Lets discuss some fundamental price-driving factors again.
My eyes bleed from technical analysis bullshit (yet to see a rich technical analyst)..

- What are the tx-fees on Monero right now?
- How is the Darknet adoption?
- Are there any hardware-wallets coming in?
- Any progress on scaling?
- Any progress on bitcoin-compatible RPC API?
- How many Monero did the referee get from Real Madrid?

Anyone?



This is far best website with Monero information's, you see there also fees cost and also compared with bitcoin. https://www.monero.how/
You can never know what traders pay with but speculation is that on alphabay  99% is used BTC and 1% is used Monero. It goes par with transactions on Monero and Bitcoin blockchain. 100 vs 1 ( you can again check on website I provide).

About hardware valets is best to ask companies that makes them When they will fell they can make a nice profit they will for sure jump in.

As I know and I am no PRO, Monero can scale no matter on how much transactions happen as long as changes are not sudden.  Where progress will be needed is to reduce blockchain growth. I am sure everyone is aware of it, but is not some super priority since no one expect that Monero will reach par with bitcoin transactions in a year.

donator
Activity: 1722
Merit: 1036
April 20, 2017, 07:16:29 AM
WTB: EUR banknotes@Embassy, pay 1.1*Kraken EUR ask for amount up to 30k only, then previous deals apply.

I will be here 1 more (game)day now.

Girls welcome to DOM in one day.

See everyone @ drop @ 20:00! Smiley
sr. member
Activity: 358
Merit: 250
April 20, 2017, 05:38:30 AM
Heyhey,

hope you all are hodling well. Lets discuss some fundamental price-driving factors again.
My eyes bleed from technical analysis bullshit (yet to see a rich technical analyst)..

- What are the tx-fees on Monero right now?
- How is the Darknet adoption?
- Are there any hardware-wallets coming in?
- Any progress on scaling?
- Any progress on bitcoin-compatible RPC API?
- How many Monero did the referee get from Real Madrid?

Anyone?
sr. member
Activity: 686
Merit: 250
April 20, 2017, 04:24:28 AM
It's funny how a scamcoin just passed xmr in marketcap, xmr should go down big eventually but i will not do any stupid shorts.

ETC is only a scamcoin if you think the original Ethereum ICO was a scam or something (not debating that). It's the original Ethereum blockchain without the insider bailout. Less of a scamcoin than ETH, not more, imo.



Well did they develop anything themselves in the meantime? If not they are as scammy as ETH as they didnt add no value besides of being the classic unchanged chain.

Why would or should they develop anything themselves? It is just the original ETH chain without the bailout. Not having a bailout doesn't require a whole new and separate development effort.

So yes, in that sense I would say it is as scammy as the original ETH. Since it is the original ETH.



Although not for me, as i was late for that party, but it was a nice way for people do double coins witout any effort:) So when you say that you don´t make money without working... this might be the perfect exception Smiley
legendary
Activity: 2968
Merit: 1198
April 20, 2017, 02:29:49 AM
It's funny how a scamcoin just passed xmr in marketcap, xmr should go down big eventually but i will not do any stupid shorts.

ETC is only a scamcoin if you think the original Ethereum ICO was a scam or something (not debating that). It's the original Ethereum blockchain without the insider bailout. Less of a scamcoin than ETH, not more, imo.



Well did they develop anything themselves in the meantime? If not they are as scammy as ETH as they didnt add no value besides of being the classic unchanged chain.

Why would or should they develop anything themselves? It is just the original ETH chain without the bailout. Not having a bailout doesn't require a whole new and separate development effort.

So yes, in that sense I would say it is as scammy as the original ETH. Since it is the original ETH.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
April 20, 2017, 12:43:00 AM
There could be more downside risk to XMR/BTC at Polo. If you take a look at the daily chart the StochRSI oscillator is headed down but not in oversold range yet. Possible double bottom set up at .0155. On the other hand price has stabilized at the 50% level from most recent swing low to swing high. Monero is working fine, fees are down after the recent hard fork, traders just need some more time to digest and dismiss the recent FUD.

Also really low volume, and a slumping order book.  

While with every successful HF protocol update Monero is stronger than before. And many useful and required updates and research to come, thanks to a bunch of dedicated often altruistic internet people.

Especially at this stage of Monero, I can't help to not be bullish. The low volume on Poloniex surprises me.

legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
April 20, 2017, 12:34:17 AM
There could be more downside risk to XMR/BTC at Polo. If you take a look at the daily chart the StochRSI oscillator is headed down but not in oversold range yet. Possible double bottom set up at .0155. On the other hand price has stabilized at the 50% level from most recent swing low to swing high. Monero is working fine, fees are down after the recent hard fork, traders just need some more time to digest and dismiss the recent FUD.

Also really low volume, and a slumping order book. 

ho hum.  $20 yesterday, $20 today, and $20 tomorrow.  You'e just looking at BTCUSD upside-down, yo.
legendary
Activity: 2016
Merit: 1259
April 19, 2017, 06:51:19 PM
There could be more downside risk to XMR/BTC at Polo. If you take a look at the daily chart the StochRSI oscillator is headed down but not in oversold range yet. Possible double bottom set up at .0155. On the other hand price has stabilized at the 50% level from most recent swing low to swing high. Monero is working fine, fees are down after the recent hard fork, traders just need some more time to digest and dismiss the recent FUD.

Also really low volume, and a slumping order book. 
legendary
Activity: 1806
Merit: 1164
April 19, 2017, 06:14:07 PM
There could be more downside risk to XMR/BTC at Polo. If you take a look at the daily chart the StochRSI oscillator is headed down but not in oversold range yet. Possible double bottom set up at .0155. On the other hand price has stabilized at the 50% level from most recent swing low to swing high. Monero is working fine, fees are down after the recent hard fork, traders just need some more time to digest and dismiss the recent FUD.
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