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Topic: [XMR] Monero Speculation - page 824. (Read 3314350 times)

legendary
Activity: 2604
Merit: 1748
March 12, 2017, 12:08:28 PM
BTC spoiled the party somewhat and I confess I was totally wrong-footed by it.

I was not expecting a post 'ETF declined' BTC price to be anywhere near this level.

I hold both but the XMR run is overdue and looked so strong.

Crypto, eh!
legendary
Activity: 2604
Merit: 1748
March 12, 2017, 11:42:37 AM
The "Dash is a scam" argument doesn't work. Open your eyes. Look at the price.
Fiat money is a scam too. No one cares.

Got it in one. As a "clueless noobie", to quote a relentless troller on the Dash thread, I see that those in the Monero camp have a massive blindspot, about how, despite being less than a pristine and pure coin, Dash is succeeding. On Planet Monero, marketing seems to be a bad word, and user friendliness? Pshaw, too smart to need that!

Come on! If that is what it takes to elevate a "flawed" coin like Dash to greatness, then how amazing could a "superior" crypto like Monero be, if that strategy were adopted? Please be dispassionate, and look at it without bias. If Monero is technically better than Dash, and yet Dash outperforms Monero, then what could the difference be?

From this clueless noobie's viewpoint, the keys to domination in the Anonymous Coin Game appear to be marketing and user friendliness. And having trollers in the penalty box could be considered a negative factor as well.

Despite having better players, Monero is massively behind on points, as Dash is working better as a team, and its strategy is superior. Is it too late for Monero to learn this? The Anonymous Coin Game will only have one winner. Can M come from behind? Will D hang on for the win? Stay tuned!

The thing is, Monero doesn't work like that, it has no central funds and consequent marketing budget.  Also It cannot restrict supply, it's all open to the market.

Evan, his whales and the nodes can act in concert to make moves, to create expensive marketing in a way Monero cannot.

However, that is also its appeal - it is not centralised, there is no controlling central force and the price IS the price, it cannot be artificial.

So, while we are perhaps jealous of Dash's marketing (and price) we know Monero is fundamentally honest and open, there is no cabal of self-interested parties controlling it and ramping up the price.

Dash may win for now, yes - it has had a stunning run and made a leap in profile, brand recognition...

But you know what, I will keep my Monero, thanks - and I know why.
hero member
Activity: 714
Merit: 504
March 12, 2017, 11:39:55 AM
The "Dash is a scam" argument doesn't work. Open your eyes. Look at the price.
Fiat money is a scam too. No one cares.

Got it in one. As a "clueless noobie", to quote a relentless troller on the Dash thread, I see that those in the Monero camp have a massive blindspot, about how, despite being less than a pristine and pure coin, Dash is succeeding. On Planet Monero, marketing seems to be a bad word, and user friendliness? Pshaw, too smart to need that!

Come on! If that is what it takes to elevate a "flawed" coin like Dash to greatness, then how amazing could a "superior" crypto like Monero be, if that strategy were adopted? Please be dispassionate, and look at it without bias. If Monero is technically better than Dash, and yet Dash outperforms Monero, then what could the difference be?

From this clueless noobie's viewpoint, the keys to domination in the Anonymous Coin Game appear to be marketing and user friendliness. And having trollers in the penalty box could be considered a negative factor as well.

Despite having better players, Monero is massively behind on points, as Dash is working better as a team, and its strategy is superior. Is it too late for Monero to learn this? The Anonymous Coin Game will only have one winner. Can M come from behind? Will D hang on for the win? Stay tuned!

Dash is turning into the Alex Jones of the crypto-world. It's being artificially pushed in people's faces simply because it doesn't represent a threat to anyone. Easy to control, protagonists that are easy to bribe/hire, and anonymity that is easy to break.

It's worth remembering that Dash only really has a very small community mostly of speculators, whereas Monero has a tripodic community of political activists, cryptographic nerds as well as speculators.

Recently, Monero's IRC stats eclipsed Ethereum for the first time which has historically been a great indicator as to measuring the size of a crypto's longevity. It's in a completely different league effectively. Keep your eyes on Coinbase.

I fully understand though the determination of some of the Dash investors to try to recapture some semblance of credibility, but it's unlikely to last.

As soon as the Dash markets start to turn negative, the inevitable speculative propaganda levied against it by shorters will be far too rich for Dash to maintain any kind of foothold. People like to talk the talk while the sun is shining, but oh how quickly will the rains come as it begins to cloud over.
legendary
Activity: 1806
Merit: 1164
March 12, 2017, 11:35:06 AM
The "Dash is a scam" argument doesn't work. Open your eyes. Look at the price.
Fiat money is a scam too. No one cares.

Got it in one. As a "clueless noobie", to quote a relentless troller on the Dash thread, I see that those in the Monero camp have a massive blindspot, about how, despite being less than a pristine and pure coin, Dash is succeeding. On Planet Monero, marketing seems to be a bad word, and user friendliness? Pshaw, too smart to need that!

Come on! If that is what it takes to elevate a "flawed" coin like Dash to greatness, then how amazing could a "superior" crypto like Monero be, if that strategy were adopted? Please be dispassionate, and look at it without bias. If Monero is technically better than Dash, and yet Dash outperforms Monero, then what could the difference be?

From this clueless noobie's viewpoint, the keys to domination in the Anonymous Coin Game appear to be marketing and user friendliness. And having trollers in the penalty box could be considered a negative factor as well.

Despite having better players, Monero is massively behind on points, as Dash is working better as a team, and its strategy is superior. Is it too late for Monero to learn this? The Anonymous Coin Game will only have one winner. Can M come from behind? Will D hang on for the win? Stay tuned!

Dash will continue with pump and dumps while the superior anonymity of Monero will trump in time. The GUI is fine now the only pieces missing are a hardware wallet and Android light wallet app. Monero is a community effort, get involved contribute time or donate bitcoin.
newbie
Activity: 9
Merit: 0
March 12, 2017, 10:58:08 AM
The "Dash is a scam" argument doesn't work. Open your eyes. Look at the price.
Fiat money is a scam too. No one cares.

Got it in one. As a "clueless noobie", to quote a relentless troller on the Dash thread, I see that those in the Monero camp have a massive blindspot, about how, despite being less than a pristine and pure coin, Dash is succeeding. On Planet Monero, marketing seems to be a bad word, and user friendliness? Pshaw, too smart to need that!

Come on! If that is what it takes to elevate a "flawed" coin like Dash to greatness, then how amazing could a "superior" crypto like Monero be, if that strategy were adopted? Please be dispassionate, and look at it without bias. If Monero is technically better than Dash, and yet Dash outperforms Monero, then what could the difference be?

From this clueless noobie's viewpoint, the keys to domination in the Anonymous Coin Game appear to be marketing and user friendliness. And having trollers in the penalty box could be considered a negative factor as well.

Despite having better players, Monero is massively behind on points, as Dash is working better as a team, and its strategy is superior. Is it too late for Monero to learn this? The Anonymous Coin Game will only have one winner. Can M come from behind? Will D hang on for the win? Stay tuned!
hero member
Activity: 1092
Merit: 504
★Bitvest.io★ Play Plinko or Invest!
March 12, 2017, 10:05:56 AM
Bitcoin price stabilizes after ETF and is going up again. Bull trend was obvious before SEC decision and it continues "to the moon". XMR will suffer again, very high volatility.
hero member
Activity: 952
Merit: 552
March 12, 2017, 09:53:12 AM
So, I've been thinking about what could possibly be driving "Darsh" to these absolutely stupid prices but nothing makes sense. So, besides the obvious things that others have pointed out I have bit of a conspiracy theory... if I was part of one of those government agencies with a three letter acronym, and I wanted to make a statement that cryptos even or especially the privacy touting coins were breakable and thus discourage the usage of all crypto, what would be the easiest target? And how would I go about it?  

As part of the government, I have deep pockets so I buy many thousands of that coin without caring about driving the price up, in order to set up a large number of Masternodes to track transactions between them. Now I can sit back gather info just like capturing cell phone traffic, and wait to blow up this network/coin and "Prove" that ALL crypto is not private. And it doesn't matter if it's really true or not I just have to create significant doubt.

Of course that would never work if they were trying to attack Monero.

I'm not saying that all the buying is being done by this agency, I'm saying that if you don't have a profit motive and you're planning to make something worthless anyway, you keep buying under the cover of a pump and you don't care about the price that much.

This is a "Possible" theory, maybe not probable and I'm not even saying I fully believe it myself but, when all reasonable causes can't possibly explain something then you maybe have to look at the more unlikely but plausible explanations.

So, now I've shown my lunacy...  please don't put me away!  Smiley

I just think is scarcity due to Master Nodes.  People know it and want to make a kick buck.  I had made some BTC on Dash but unfortunately I got caught on this XMR down wind and lost it!

And now BTC decides to rally so I got double fucked!  I am holding to see if BTC crashes which wold spike XMR sky high I hope!
full member
Activity: 227
Merit: 100
March 12, 2017, 09:43:45 AM
So, I've been thinking about what could possibly be driving "Darsh" to these absolutely stupid prices but nothing makes sense. So, besides the obvious things that others have pointed out I have bit of a conspiracy theory... if I was part of one of those government agencies with a three letter acronym, and I wanted to make a statement that cryptos even or especially the privacy touting coins were breakable and thus discourage the usage of all crypto, what would be the easiest target? And how would I go about it? 

As part of the government, I have deep pockets so I buy many thousands of that coin without caring about driving the price up, in order to set up a large number of Masternodes to track transactions between them. Now I can sit back gather info just like capturing cell phone traffic, and wait to blow up this network/coin and "Prove" that ALL crypto is not private. And it doesn't matter if it's really true or not I just have to create significant doubt.

Of course that would never work if they were trying to attack Monero.

I'm not saying that all the buying is being done by this agency, I'm saying that if you don't have a profit motive and you're planning to make something worthless anyway, you keep buying under the cover of a pump and you don't care about the price that much.

This is a "Possible" theory, maybe not probable and I'm not even saying I fully believe it myself but, when all reasonable causes can't possibly explain something then you maybe have to look at the more unlikely but plausible explanations.

So, now I've shown my lunacy...  please don't put me away!  Smiley
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
March 12, 2017, 09:34:56 AM
XMR staying above $16.00 right now on poloniex. I am praying that we can hit @20 this weekend,(dump from Dash into XMR. We will see!
The price of all the major coins are rising and do not expect people to dump a specific coin as you said from Dash to Monero as both coins are reaching their all time high valuation and it is highly unlikely it would see a correction in one coin,if we see a correction we will see in all the major coins and that is how things work.
legendary
Activity: 1008
Merit: 1001
March 12, 2017, 09:15:10 AM
The "Dash is a scam" argument doesn't work. Open your eyes. Look at the price.
Fiat money is a scam too. No one cares.

I've been in crypto long enough to tell you that price is absolutely no indicator of whether something is a 'scam' (Labcoin had a great price...oh it was a scam; NeoBee had a good price but...oh yeah it was a scam...and these are just the top of head projects that were going to change the world).

And please don't start with that 'fiat is a scam' shit - crypto is not going to solve the social problems caused by economics, finance or politics or indeed human nature.

+1
legendary
Activity: 1008
Merit: 1000
Dumb broad
March 12, 2017, 08:48:37 AM
The "Dash is a scam" argument doesn't work. Open your eyes. Look at the price.
Fiat money is a scam too. No one cares.

I've been in crypto long enough to tell you that price is absolutely no indicator of whether something is a 'scam' (Labcoin had a great price...oh it was a scam; NeoBee had a good price but...oh yeah it was a scam...and these are just the top of head projects that were going to change the world).

And please don't start with that 'fiat is a scam' shit - crypto is not going to solve the social problems caused by economics, finance or politics or indeed human nature.
hero member
Activity: 952
Merit: 552
March 12, 2017, 08:05:53 AM
Someone is trying hard to dump the price but its not getting them very far yet.

Hopefully shorters that will get killed!  Grin
legendary
Activity: 2702
Merit: 2053
Free spirit
March 12, 2017, 07:49:23 AM
Someone is trying hard to dump the price but its not getting them very far yet.

jr. member
Activity: 40
Merit: 2
March 12, 2017, 07:43:29 AM
... of the XMR spaceship going over 20 USD.

Understatement.

Make no mistake. XMR is about to do an easy double.

those who kept the faith will be rewarded  Smiley

had no doubt that this was on the cards, my only hope is BTC does not tank.
hero member
Activity: 714
Merit: 504
March 12, 2017, 07:40:09 AM
... of the XMR spaceship going over 20 USD.

Understatement.

Make no mistake. XMR is about to do an easy double.
hero member
Activity: 493
Merit: 551
March 12, 2017, 07:32:42 AM
XMR will be the one coin profiting from the DASH bubble blasting. Have patience. XMR is still the cheapest coin with a real case use. Just watch the reddit user base growth in the last months. Wink It is pretty logical where the money from ETH and DASH will flow.

Hope its ok to quote myself.  Grin

You may be right eventually, but this increase isn't coming from a Dash-crash. Unfortunately.

Be patient young padawan.

The DASH crash will fuel the XMR rocket. The DASH pump is just the harbinger of the XMR spaceship going over 20 USD.
hero member
Activity: 714
Merit: 504
March 12, 2017, 07:24:50 AM



Quote
This time we're going all the way to 0.036+. Last chance to board the rocket.
sr. member
Activity: 358
Merit: 250
March 12, 2017, 07:04:09 AM
The "Dash is a scam" argument doesn't work. Open your eyes. Look at the price.
Fiat money is a scam too. No one cares.

I've tried to explain this all the time.
The fact that a coin has a premine doesn't make it scam in the first place. It is just the seed fund/starting capital of the project and means to pay to the developers.
That being said, I advice to be extremely critical to the coins with premine - the premine is incentivizing scammish activities (dump the premine to the noobs and run to the next scam). To claim Dark coin a scam is using the same logic that a start up is a scam because it has initial funding from the investors.
When it comes to pyramid schemes, any coin is a pyramid scheme: the new buyers bail the current holders/miners out. So in that sense Dark coin is not a scam either more than any other investment. Quite the opposite, the pyramid is the form of investment that can make one rich.
2 Millions in the first 30 hours are still a bit too much, comparing to total 7 millions coins three and a half years later. Where did this money go? And btw you can't compare investment with a well known fiat currency which has a stable value to a just newly created one of thousands coins, started as a joke(from the devs). If they thought that darkcoin, dash, xcoin ... whatever will succeed why they didn't instamine like only 1000? Why 2 Millions. Thats what scam coins make.

I agree! 100%. What I meant with open your eyes is that people just do not care. So unless the preminers kill the coin it will be well alive. And the preminers have no incentive to do so as they get nice profits from rising prices and running masternodes.
legendary
Activity: 2604
Merit: 1748
March 12, 2017, 06:43:32 AM

I think you are excused a little head of steam now and again esp. when dealing with fuckwits.

I'll be honest, I have no idea wtf Dash is doing -- I posted a tweet by Charlie Lee a few weeks back in which he basically said "shit tech, no real privacy and lots of hot air marketing - not for me" and I think that sums up my attitude too.  One can only apportion so much energy to this crypto-shit, its pointless obsessing over a coin that you are not invested in either intellectually or financially.  Just block it out.

But I agree with you re BTC - the cultists have had their thumb in their arses about this EFT for so long I don't think they know what to think now.  I skimmed the SEC document and i can't say there's much I would disagree with.  It may have first mover advantage but it (BTC) has taken so many wrong turns over the years (and lost sight of any guiding principals, if any really existed) that its difficult to see where it is headed.  

An interesting figure you quote there of 80% - one thing the EFT might have done is get some new money into crypto.  That would have been good for everyone.  But I'd agree with you, BTC is probably going to go down before it goes up again, perhaps a slow bleed and a further influx of 'crypto is dead' trolls. #ennui Wink

Yeah - I can't believe Dash other than a pretty smart campaign of shiny stuff and restricting supply plus walls and pumping by whales in conjunction with the central cabal, clever but it will end in tears.

The D-heads are such 'true believers' someone sent me a map of 'where to spend dash worldwide' via Polo trollbox and I checked it. In UK, all I could see was a company called 'party cakes for U' and a locksmiths in the north of England.  

OK no one has real retail adoption in crypto, not even BTC to a decent extent.  But really, the D-heads think it's already here.

I agree in SEC, was never convinced - I sold a lot of BTC to catch the drop and no bids were filled, which surprised me.

So - with all the potential stumbles ahead - a slide is looking likely.  And this is why alts are flourishing now - no way you will get 20% in a day on BTC anytime soon, other than maybe in losses...

But at $16.80 as I type, XMR is making my day rather special - been awfully quiet and having predicted a February breakout since last autumn, I was pretty down on the price.  

Now I see Monero was just getting out of bed a bit late and waiting for dash and BTC look rather toppy.

Pushing $17 now...  Hoo-bloody-ray!

legendary
Activity: 2702
Merit: 2053
Free spirit
March 12, 2017, 06:06:31 AM

I'll be honest, I have no idea wtf Dash is doing -- I posted a tweet by Charlie Lee a few weeks back in which he basically said "shit tech, no real privacy and lots of hot air marketing - not for me" and I think that sums up my attitude too.  One can only apportion so much energy to this crypto-shit, its pointless obsessing over a coin that you are not invested in either intellectually or financially.  Just block it out.

But I agree with you re BTC - the cultists have had their thumb in their arses about this EFT for so long I don't think they know what to think now.  I skimmed the SEC document and i can't say there's much I would disagree with.  It may have first mover advantage but it (BTC) has taken so many wrong turns over the years (and lost sight of any guiding principals, if any really existed) that its difficult to see where it is headed.  

I'm totally with you but I'm recalled back to Doge coin, silly coin all left it alone. Some made loads.

How different would BTC be with Satoshi in place, projects need visionaries. They do seem like headless chickens now.



Much wow yes

/P
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