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Topic: [XMR] Monero Speculation - page 835. (Read 3314350 times)

sr. member
Activity: 243
Merit: 250
February 28, 2017, 06:34:01 PM
Regardless of any viewpoints on DASH, historically just about every major XMR rally is preceded by a DASH rally, usually by a few weeks. This is my observation, perhaps its merely coincidence but you decide. I'll be interested to see what happens this time.

^ posted this the last time Dash was peaking, reposting for future observation
If that compounds with the tendency of Monero to rally in the early spring, the next few months will be interesting indeed.
legendary
Activity: 1610
Merit: 1004
February 28, 2017, 05:08:46 PM
Regardless of any viewpoints on DASH, historically just about every major XMR rally is preceded by a DASH rally, usually by a few weeks. This is my observation, perhaps its merely coincidence but you decide. I'll be interested to see what happens this time.

^ posted this the last time Dash was peaking, reposting for future observation
legendary
Activity: 1092
Merit: 1000
February 28, 2017, 12:35:29 PM
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.
jr. member
Activity: 40
Merit: 2
February 28, 2017, 11:42:50 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.

TC has always been the flip flop king, i remember his constant trolling from 2/3 years ago in the polo trollbox.

The reason that DASH is pumping has got zero to do with masternodes, and can we please stop going on about the marketing bullshit. Its pumping because traders are pumping it simple, profits will be taken and ploughed into XMR, the dash pump is a dress rehearsal from the trading consortiums for xmr.
hero member
Activity: 768
Merit: 505
February 28, 2017, 10:46:09 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.

Sometimes you can be such a Troll...  so, it's obvious you are long Darsh and shorting Monero... I know you can't actually believe that some sort of Masternode scheme would be a good thing for Monero, so you have to be talking your book.  I know this is your standard way of operating but, please be advised that people see through you!

More people are abandonding threads like this because of people like him, this Spec thread used to be my HUB for anything speculation related... that shifted long time ago to IRC because of people like him... with nonsense talking their book.
full member
Activity: 227
Merit: 100
February 28, 2017, 10:31:43 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.

Sometimes you can be such a Troll...  so, it's obvious you are long Darsh and shorting Monero... I know you can't actually believe that some sort of Masternode scheme would be a good thing for Monero, so you have to be talking your book.  I know this is your standard way of operating but, please be advised that people see through you!
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
February 28, 2017, 10:10:33 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.
legendary
Activity: 2744
Merit: 1288
February 28, 2017, 10:08:14 AM
Monero need to increase transactions and that is the only normal way to lock coins from exchanges.  Last year number increased 6 times, lets hope this year will be same.
legendary
Activity: 1092
Merit: 1000
February 28, 2017, 10:05:55 AM
In Monero for a while. The weird part is that I currently consider Monero more undervalued at <12$ than at 0.50$. Monero just works great right now.


I dont see current price of $12 now less worth as it was year and a half ago at $0.5.  

I think $12 is a solid price. It is hard to say if it is cheap or expensive, but for sure is not almost free as was the $0.5. Price will for sure go up and also down in near future. Long term it will go up. Slowly and steadily same as number of transactions and same as Bitcoin.

But no masternodes locking the coins from the weak hands....  Cry
legendary
Activity: 2744
Merit: 1288
February 28, 2017, 10:04:25 AM
In Monero for a while. The weird part is that I currently consider Monero more undervalued at <12$ than at 0.50$. Monero just works great right now.


I dont see current price of $12 now less worth as it was year and a half ago at $0.5.  

I think $12 is a solid price. It is hard to say if it is cheap or expensive, but for sure is not almost free as was the $0.5. Price will for sure go up and also down in near future. Long term it will go up. Slowly and steadily same as number of transactions and same as Bitcoin.


@TrueCryptonaire

What you said are not a Monero weakness. What you said is reason why price is not way higher.  But same goes for all normal Crypto.
legendary
Activity: 1092
Merit: 1000
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.
full member
Activity: 233
Merit: 100
February 28, 2017, 04:35:56 AM
Is it over? im not mean to trolling, but many coin already rise and down, it's not new , but i just wonder why CPU coin always have short term compared than GPU or Asic coin. In honesty i think it's not fair, Asic miner always have upper hand than CPU or GPU Miner, how cryptocurrency achieve their mission to be decentralized e-currency if in the end the small in quantity Asic miner get a hold major percentage in any crpyto coin. Asic mining should be banned and any developer should not permit it in their coin  Grin it will be great if my wish come true

Is what over?

In less than a month, Monero will have been around for 3 years.

3 years! 3 years, as one of the only altcoins fairly launched. 3 years with non stop development. You want a fork? Here's a fork. Boom. Consensus rule changes , no problem.

Its not over.

Its barely begun. Well, it did begin. RingCT happened. Apparently once we get multisig you won't be able to look at your monitor because the beauty that is Monero will be so blinding.

well after some thought i think monero still in "safe" point, as long it's not reach $5 i think monero still have chance, a big chance

I don't know if it is over or not  Wink but I know that the mining speed has never been so high before - 62MHs with approx 6000 unique miners. This is the only coin that is definitely ASIC and GPU proof. The incoming RYZEN gonna probably produce as much hash as a 480x. It's a great irony that this was and is the only not-cripplemined coin ever, because no one could simply have/had considerably more hashrate thanks to whatever kind of super optimized hardware or software. And the irony is that this is the only "con" in the mouth of such anti monero people like some Dashers or btc-ers. Pathetic !!!  Grin I'm all in Monero now no doubt. And I don't see it like the second best, but the best coin ever.

well the most point i like from monero that it's not give GPU advantage and as long as i know it cant be mine using ASIC, right? if only other coin developer have this mindset,   Wink

In Monero for a while. The weird part is that I currently consider Monero more undervalued at <12$ than at 0.50$. Monero just works great right now.

Like Karl Friedrich von Münchhausen, Monero pulled itself out of the swamp on it's own hairs. Now Monero is up and walking while many exiting things are in the pipeline. As long as quality and fungibility remains the number one focus I am going nowhere.

In the very short term it is maybe hard to put a number on magic fungible internet money. Longer term absolutely not.


[...]
Its not over.

Its barely begun. Well, it did begin. RingCT happened. Apparently once we get multisig you won't be able to look at your monitor because the beauty that is Monero will be so blinding.

 Cool

can you explain to me, why you said that monero is being undervalued? i dont really know, but at the moment this is the highest CPU with Cryptonight algo ever achieved. if the highest coin is being undervalued, then many cryptonote algo are also being undervalued?, cmiiw.
legendary
Activity: 2968
Merit: 1198
February 28, 2017, 03:09:13 AM
the only not-cripplemined

Technically it was cripple mined for a short time (inherited crippled mining code from Bytecoin) but the amount of coins attributable to that before it got fixed was low (few percent at most, probably less).

Let's be proud of what has been achieved and indeed as you say the mining network of XMR is a pretty damn impressive achievement but not deny that it has not been a bump-free road.

At 5 H/W we rank about 3rd by power dissipation on the supercomputer list: https://www.top500.org/lists/2016/11/
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
February 28, 2017, 01:51:47 AM
In Monero for a while. The weird part is that I currently consider Monero more undervalued at <12$ than at 0.50$. Monero just works great right now.

Like Karl Friedrich von Münchhausen, Monero pulled itself out of the swamp on it's own hairs. Now Monero is up and walking while many exiting things are in the pipeline. As long as quality and fungibility remains the number one focus I am going nowhere.

In the very short term it is maybe hard to put a number on magic fungible internet money. Longer term absolutely not.


[...]
Its not over.

Its barely begun. Well, it did begin. RingCT happened. Apparently once we get multisig you won't be able to look at your monitor because the beauty that is Monero will be so blinding.

 Cool
full member
Activity: 186
Merit: 100
February 28, 2017, 01:34:15 AM
I don't know if it is over or not  Wink but I know that the mining speed has never been so high before - 62MHs with approx 6000 unique miners. This is the only coin that is definitely ASIC and GPU proof. The incoming RYZEN gonna probably produce as much hash as a 480x. It's a great irony that this was and is the only not-cripplemined coin ever, because no one could simply have/had considerably more hashrate thanks to whatever kind of super optimized hardware or software. And the irony is that this is the only "con" in the mouth of such anti monero people like some Dashers or btc-ers. Pathetic !!!  Grin I'm all in Monero now no doubt. And I don't see it like the second best, but the best coin ever.
legendary
Activity: 1260
Merit: 1008
February 28, 2017, 12:24:34 AM
Is it over? im not mean to trolling, but many coin already rise and down, it's not new , but i just wonder why CPU coin always have short term compared than GPU or Asic coin. In honesty i think it's not fair, Asic miner always have upper hand than CPU or GPU Miner, how cryptocurrency achieve their mission to be decentralized e-currency if in the end the small in quantity Asic miner get a hold major percentage in any crpyto coin. Asic mining should be banned and any developer should not permit it in their coin  Grin it will be great if my wish come true

Is what over?

In less than a month, Monero will have been around for 3 years.

3 years! 3 years, as one of the only altcoins fairly launched. 3 years with non stop development. You want a fork? Here's a fork. Boom. Consensus rule changes , no problem.

Its not over.

Its barely begun. Well, it did begin. RingCT happened. Apparently once we get multisig you won't be able to look at your monitor because the beauty that is Monero will be so blinding.
full member
Activity: 233
Merit: 100
February 27, 2017, 10:33:06 PM
Is it over? im not mean to trolling, but many coin already rise and down, it's not new , but i just wonder why CPU coin always have short term compared than GPU or Asic coin. In honesty i think it's not fair, Asic miner always have upper hand than CPU or GPU Miner, how cryptocurrency achieve their mission to be decentralized e-currency if in the end the small in quantity Asic miner get a hold major percentage in any crpyto coin. Asic mining should be banned and any developer should not permit it in their coin  Grin it will be great if my wish come true
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
February 27, 2017, 06:55:00 PM
I think a lot of people would rather be in bitcoin because it's so bullish right now.  That could be suppressing xmr's price a little bit.
Eventually XMR will rally versus XBT, the question is when.  It could happen next week or two years from now.

Once BTC holders start their profit taking xmr will see some of that come back.
When does your bitcoin crystal ball say that's going to happen Huh


It has no clue, but when it happens we will all see it.
sr. member
Activity: 289
Merit: 252
bagholder since 2013
February 27, 2017, 04:42:55 PM
XMR has had a rally vs BTC in the past during BTC run-ups. Don't see any reason for it not to happen again.
legendary
Activity: 2702
Merit: 2053
Free spirit
February 27, 2017, 03:12:49 PM
I thought over a 1000 might be a good one. But people seem to have higher expectations this time.
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