[XMR] Monero Speculation - page 830.

Febo

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Quote from: btctube on March 06, 2017, 02:10:54 AM

Do you think Monero will also be worth more than $100 if say after 10 years or so? I have kept mine for months already, I didn't sell it still but I've bought it when its price was less than $10. I've like to brag someday if its going to have more than $100. Its something I can't do with BTC. Cry

In 10 years.

It will happen way faster. Maybe really soon. I am not saying it will go to $100 and never go down anymore. Price will do same as Bitcoin price did and lets hope still will. Sharp growth, then slowly decrease to half or 1/3 of ATH value and then after some time rise again.

Price can be $100 this year. I would not give it high probability, but there is for sure a chance.

On other hand, I am 99% sure that price of Monero will hit $100 till 2022.

CryptoPH

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<3 Crypto

Quote from: btctube on March 06, 2017, 02:10:54 AM

Do you think Monero will also be worth more than $100 if say after 10 years or so? I have kept mine for months already, I didn't sell it still but I've bought it when its price was less than $10. I've like to brag someday if its going to have more than $100. Its something I can't do with BTC. Cry

$100 in 10 years? IMO, definitely yes! Cool

Edit: Make that 5 years! Cool

btctube

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Do you think Monero will also be worth more than $100 if say after 10 years or so? I have kept mine for months already, I didn't sell it still but I've bought it when its price was less than $10. I've like to brag someday if its going to have more than $100. Its something I can't do with BTC. Cry

ArticMine

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Monero Core Team

Quote from: cAPSLOCK on March 06, 2017, 12:08:18 AM

I would day we are seeing disciplined accumulation for the last week or so.

Yes I agree for now. If this continues though it could panic the shorts.

cAPSLOCK

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Note the unconventional cAPITALIZATION!

I would day we are seeing disciplined accumulation for the last week or so.

ArticMine

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Monero Core Team

Quote from: TrueCryptonaire on March 05, 2017, 10:09:15 PM

Quote from: Febo on March 05, 2017, 12:55:48 PM

Quote from: TrueCryptonaire on March 05, 2017, 12:02:31 PM

Has anyone calculated the expected date of the beginning of tail emission?

Emission should stop decreasing somewhere in mid 2022. Maybe 29th May. That is more then 5 years till then and that is in at least this forum Crypto almost a century.

Right now emission is more then 13 times higher. Now think if in 5 years number of transactions only double every year ( it went x6 last year) and if there will be 13 times less daily mined coins. What would that mean to the price.

Bitcoin will have 1 halving till then Monero 13.

Man your statement says between the lines that I (and anyone caring about money) should basically be all in Monero at least until 2022.... 13 halvings on the way there and the emission is not that bad even currently.

Yes in mid 2022 is correct provided the blocksize increase penalty is not taken into account. The penalty can delay this significantly if there is a sharp increase in use leading to blocksize increase and fluctuations in the blocksize. This is because coins paid to the penalty are added back to the remaining base supply. Once the tail emission is reached coins paid to the penalty are effectively burned. The other impact of this is that the penalty can reduce the inflation rate during a period of high growth which would normally be accompanied by increasing prices.

For comparison Bitcoin will be at least at 6.25 XBT per 10 min by then, 3.125 by 2024, 1.5625 by 2028 etc., vs Monero at 3 XMR per 10 min for ever. The tail emission in Monero was designed to have a lower inflation rate than the historical inflation rate of gold. The final factor is that lost coins should eventually lead to a stable money supply as an equilibrium between, lost coins, the tail emission and price develops.

Edit: There is no real need to drastically outdo gold, the "gold standard" when it comes to "hard money", as Bitcoin, and many other coins are attempting to do. Just "slightly harder" should be good enough.

TrueCryptonaire

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Quote from: Febo on March 05, 2017, 12:55:48 PM

Quote from: TrueCryptonaire on March 05, 2017, 12:02:31 PM

Has anyone calculated the expected date of the beginning of tail emission?

Emission should stop decreasing somewhere in mid 2022. Maybe 29th May. That is more then 5 years till then and that is in at least this forum Crypto almost a century.

Right now emission is more then 13 times higher. Now think if in 5 years number of transactions only double every year ( it went x6 last year) and if there will be 13 times less daily mined coins. What would that mean to the price.

Bitcoin will have 1 halving till then Monero 13.

Man your statement says between the lines that I (and anyone caring about money) should basically be all in Monero at least until 2022.... 13 halvings on the way there and the emission is not that bad even currently.

c789

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Quote from: KeyJockey on March 05, 2017, 02:36:46 PM

Think of the TV show "Silicon Valley" and how the personalities in that show all took everything so personal in their competitive responses to what other people did, LOL. Sure, the show's a comedy and maybe extreme form of farce but OTOH this shit probably isn't too far off in real life, LOL.

Love that show, as evidenced by my pic

ArticMine

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Monero Core Team

Quote from: ?? on ??

...

I have always find very strange Monero was on very few exchanges, it was many others concern as well, but now on bitfinex and kraken with fiat pairs the danger of centralization on a single domain was mitigated, I don't believe just being on more exchanges brings true demand, it just helps to distribute the incoming flow better.

Game theory says thats the most probable outcome. Still I doubt dash will get anywhere close to Coinbase with cobble as director of engineering, he is very aware of its pitfalls.

A significant factor here is that implementing Monero is different from implementing Bitcoin or similar coins. so it requires a higher threshold in market cap / trading volume before an exchange will implement Monero because of the higher development cost. A similar situation occurs with a proprietary application such as Jaxx. There is a tradeoff here a fundamentally different technology that solves many of Bitcoin problems (long term gain) vs the additional cost of implementation (short term pain).

Of course as Monero has risen in market cap and trading volume more exchanges are now willing to pay the additional cost of Monero implementation.

DaveyJones

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Quote from: ?? on ??

Quote from: KeyJockey on March 05, 2017, 02:36:46 PM

I can just see Brian Armstrong saying something like, "Oh man sonofabitch that ponytail fuckwad Powell's already added Monero ahead of us??? Well, I'll show them who's boss! Let's get both Monero and Dash too, launched on our site together!! Yeah!!! That's the ticket!!!! Hahahahahaha"

I have always find very strange Monero was on very few exchanges, it was many others concern as well, but now on bitfinex and kraken with fiat pairs the danger of centralization on a single domain was mitigated, I don't believe just being on more exchanges brings true demand, it just helps to distribute the incoming flow better.

Game theory says thats the most probable outcome. Still I doubt dash will get anywhere close to Coinbase with cobble as director of engineering, he is very aware of its pitfalls.

it also helps to mitigate a total "loss", imagine all those coins that went down with cryptsy and never came back alive.

KeyJockey

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Quote from: ResistantLaw on March 05, 2017, 01:40:22 PM

Isn't Kraken more of an exchange rather than just somewhere to buy coins like Coinbase?

Talking about "Coinbase" really means their GDAX exchange.

Their re-branding to GDAX "Global Digital Asset eXchange" a while back from the simpler "Coinbase Exchange" is clearly telegraphing their long-term objective to be a worldwide trading source of all kinds of new 'digital assets' and NOT just a bitcoin-only wallet or a simple BTC sales channel, thru bank accounts (which is what they started out as).

It's this longer-term vision that I think is more important to guys like Armstrong at the helm, i.e. what makes me think in terms of them maintaining appearance of strong competitive responses to other exchanges like Jesse Powell's Kraken.

Think of the TV show "Silicon Valley" and how the personalities in that show all took everything so personal in their competitive responses to what other people did, LOL. Sure, the show's a comedy and maybe extreme form of farce but OTOH this shit probably isn't too far off in real life, LOL.

I can just see Brian Armstrong saying something like, "Oh man sonofabitch that ponytail fuckwad Powell's already added Monero ahead of us??? Well, I'll show them who's boss! Let's get both Monero and Dash too, launched on our site together!! Yeah!!! That's the ticket!!!! Hahahahahaha"

explorer

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Quote from: KeyJockey on March 05, 2017, 01:05:41 PM

Quote from: explorer on March 05, 2017, 01:26:10 AM

Crazy. Getting on to 2 major USD exchanges.

Is It True?

The thing that tipped my belief over into Coinbase adding Monero soon^TM was actually Kraken's adding it last January.

The Bitfinex addition also came about with little or no pre-announcement. Along with the escalated development progress, and the 2016 price jump, this snowball is just getting started. Oh, and I guess the Is it True meme has died, or most of the old guard has left the forum Sad

ResistantLaw

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Quote from: KeyJockey on March 05, 2017, 01:05:41 PM

Quote from: explorer on March 05, 2017, 01:26:10 AM

Crazy. Getting on to 2 major USD exchanges.

Is It True?

The thing that tipped my belief over into Coinbase adding Monero soon^TM was actually Kraken's adding it last January.

Seems to me that both companies are probably pretty competitive, both being USA-based Silicon Valley crypto startups: whatever one does to 'lead' the other will want to 'follow suit' at least just to maintain feature compatibility.

If Kraken had added Dash only, Coinbase couldn't really only add Dash too since Monero is clearly the more advanced tech. In this case, they'd have to add Monero to look smarter, LOL. By contrast since Kraken added Monero *first* now already... if Coinbase 'matches' now by only adding DASH...? They'll kind of look like idiots Tongue

So IMHO looks like Coinbase has to add at least just Monero now, or maybe to one-up Kraken they could raise the bar and ADD BOTH MONERO AND DASH SIMULTANEOUSLY!!

Isn't Kraken more of an exchange rather than just somewhere to buy coins like Coinbase?

It wasn't till recently that Coinbase added Ethereum, do you think they are gonna be adding more so soon? I mean of course we hope that they will, but idk if it would be so soon. Idk why they added the Ethereum anyways, it's useless.

KeyJockey

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Quote from: explorer on March 05, 2017, 01:26:10 AM

Crazy. Getting on to 2 major USD exchanges.

Is It True?

The thing that tipped my belief over into Coinbase adding Monero soon^TM was actually Kraken's adding it last January.

Seems to me that both companies are probably pretty competitive, both being USA-based Silicon Valley crypto startups: whatever one does to 'lead' the other will want to 'follow suit' at least just to maintain feature compatibility.

If Kraken had added Dash only, Coinbase couldn't really only add Dash too since Monero is clearly the more advanced tech. In this case, they'd have to add Monero to look smarter, LOL. By contrast since Kraken added Monero *first* now already... if Coinbase 'matches' now by only adding DASH...? They'll kind of look like idiots Tongue

So IMHO looks like Coinbase has to add at least just Monero now, or maybe to one-up Kraken they could raise the bar and ADD BOTH MONERO AND DASH SIMULTANEOUSLY!!

Febo

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Quote from: TrueCryptonaire on March 05, 2017, 12:02:31 PM

Has anyone calculated the expected date of the beginning of tail emission?

Emission should stop decreasing somewhere in mid 2022. Maybe 29th May. That is more then 5 years till then and that is in at least this forum Crypto almost a century.

Right now emission is more then 13 times higher. Now think if in 5 years number of transactions only double every year ( it went x6 last year) and if there will be 13 times less daily mined coins. What would that mean to the price.

Bitcoin will have 1 halving till then Monero 13.

TrueCryptonaire

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Has anyone calculated the expected date of the beginning of tail emission?

poptop

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Quote from: cryptimus prime on March 04, 2017, 11:34:36 PM

Anonymous currency on Bitfinex? XMR/USD pair on Bitfinex and Kraken?
Unreal.

XMR on Coinbase. Soon^TM.

I haven't seen it. Thanks.

Quote from: explorer on March 05, 2017, 01:26:10 AM

Crazy. Getting on to 2 major USD exchanges.

Is It True?

Yes, it is. http://coinmarketcap.com/currencies/monero/#markets

explorer

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Quote from: cryptimus prime on March 04, 2017, 11:34:36 PM

Quote from: Nathan047 on March 04, 2017, 03:40:41 PM

XMR seems to be be sticking within the 10$-14$ range. Is this Monero maturing and stabilizing, or is it potentially going to begin a downward trend? I'd really hate to see Monero start losing value.

Monero price can fall but XMR won`t lose in value, as the value is in the technology and faster growing community.

Quote from: poptop on March 04, 2017, 06:54:29 PM

Anonymous currency on coinbase? Hmm, i don't think so. It's unreal.

Anonymous currency on Bitfinex? XMR/USD pair on Bitfinex and Kraken?
Unreal.

XMR on Coinbase. Soon^TM.

Crazy. Getting on to 2 major USD exchanges.

Is It True?

smoothie

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LEALANA Bitcoin Grim Reaper

Quote from: TrueCryptonaire on March 03, 2017, 09:33:00 AM

Quote from: smoothie on March 02, 2017, 06:51:54 AM

Quote from: TrueCryptonaire on March 01, 2017, 10:34:27 PM

Quote from: smoothie on March 01, 2017, 05:23:47 PM

Quote from: TrueCryptonaire on March 01, 2017, 07:17:18 AM

Quote from: smoothie on March 01, 2017, 01:46:55 AM

Quote from: TrueCryptonaire on February 28, 2017, 12:35:29 PM

Quote from: cAPSLOCK on February 28, 2017, 10:10:33 AM

Quote from: TrueCryptonaire on February 28, 2017, 09:59:19 AM

I think the two major weaknesses Monero have are 1) No masternodes (only dumpages on the exchanges) 2) No ongoing marketing hype. The result is that the price declines against bitcoin.

Masternodes are a liability. They are an attack vector for deanonymizing transactions. We should thank Saberhagen we don't have that. But I assume you like them because they reduce the liquidity of the float thereby causing swings in price to be more amplified.

And the ongoing marketing "hype" is just bullshit.

You seem to only be interested in Monero as a get rich quick "pump and dump" vehicle. That's fine. My priorities are different though. I do NOT want marketing "hype". When you make the price rise unnaturally you will pay for it eventually. In fact it could be argued we are paying for the dark market hype now.

I would propose Dash better meets your desires for a cryptocurrency.

To be honest I should have invested into Dark coin when it was cheap (a couple months ago).... I think it is too late now - I am not saying it cannot go higher but definetely it is not that much of a bargain than it was.
Yes in terms of market capitalization the idea of masternodes is perfect for a crypto in the world we are living (where cryptos are merely speculation tools). Basically anything that locks coins is preventing the major dumps taking place and helps the price to increase as it is easier to pump a coin that has lowish available supply.
I think people investing in Darkcoin understand basic economics. Wink

I am currently investigating coins to diversify, and I am interested in projects that have opportunity to rise in price. You know, I am not an idealist but a speculator.
And nope, I have no margin positions to any directions.

Woulda, coulda, shoulda,...WCS

Now go start a market hype campaign with your own funds.

Thanks

Please do not direct the question to the funding issues.....

Why not?

I'm a big believer that if I want something I would rather do it myself. In the same respect I would expect someone who wants something to do the same.

Because me as a funder is kinda weakness of Monero compared to Dark coin that has a set budget for the hyping and pumping.

Weakness in self funding by the community that believes in a project?

Dark/DASH just sacrificed network security to allow MNs to generate "mining rewards" and took that away from the miners who secure the network. Not really a good argument there.

In the early stages this works but when the project goes forward and new people have entered it will not work so the funding system based on donations is pretty short sighted way of organizing it since it relies on the generosity of stingy people...
Also bear in mind, if a small fish donates the projects, it is the whales that benefit the most. Wink

Based on what previous examples?

Bitcoin seems to be doing just fine without having to resort to instilling a portion of the block rewards to development of market or whatever expenses.

Once again not a very strong argument there.

cryptimus prime

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Quote from: Nathan047 on March 04, 2017, 03:40:41 PM

XMR seems to be be sticking within the 10$-14$ range. Is this Monero maturing and stabilizing, or is it potentially going to begin a downward trend? I'd really hate to see Monero start losing value.

Monero price can fall but XMR won`t lose in value, as the value is in the technology and faster growing community.

Quote from: poptop on March 04, 2017, 06:54:29 PM

Anonymous currency on coinbase? Hmm, i don't think so. It's unreal.

Anonymous currency on Bitfinex? XMR/USD pair on Bitfinex and Kraken?
Unreal.

XMR on Coinbase. Soon^TM.

Topic: [XMR] Monero Speculation - page 830. (Read 3314350 times)